Anthony Pompliano: BTC Price Could Reach Nearly Half-a-Billion NewAnthony Pompliano of Morgan Creek Capital fame has always been a big bitcoin guy, and now he’s taking his predictions even further. He’s sticking to his guns when it comes to bitcoin reaching $100,000 by the end of 2021, though now he’s stating that the currency will potentially shoot up to a whopping $450K after...…
Rep. Tom Emmer: Bitcoin Isn’t Going Away NewCongress and politicians appear to be getting in on the bitcoin and cryptocurrency game a lot more over the past several months. Recently, Republican representative Tom Emmer of Minnesota commented that bitcoin is about to get a lot stronger and much more relevant in the coming weeks. Tom Emmer: Bitcoin Is About to Get a...…
MyCryptoMixer – An Understanding Review of the Best Bitcoin Mixer of 2020 NewFrom VPNs, stealth addresses, Bitcoin Mixers to Tor Browser, privacy-oriented solutions for crypto transactions are advancing and becoming available faster than ever. Why you should use Bitcoin Mixer? The pseudonymous Bitcoin (BTC) is currently largely uncontested and dominates as a lot of people’s top choice for the cryptocurrency to buy. Unsurprisingly, it has come to be...…
Chainalysis: Institutional Players Are Having a Bigger Impact on BTC NewAccording to blockchain firm Chainalysis, institutional traders are beginning to have a larger hand in how bitcoin moves and in the kinds of transactions that are occurring within the space. Chainalysis: We’re Seeing Bigger Institutional Trades It is often said that institutional players are essential when it comes to bringing legitimacy to bitcoin and cryptocurrency....…
Gambling with Cryptocurrencies, How Safe Is It? NewOver recent years, the use of cryptocurrencies in gambling has significantly increased. What started with a handful of crypto-only platforms has now snowballed into a sweeping revolution of the online gambling space where even traditional online casino platforms have started to support crypto payment options alongside fiat deposits and withdrawals. The reason for the increased...…
JPMorgan: Young and Old Generations Duke It Out Over BTC and GoldAccording to analysts at JPMorgan, more and more young people are flocking to bitcoin and cryptocurrencies, while older generations have their eyes centered on gold. JPMorgan: Young People Like BTC, Older Ones Like Gold Both bitcoin and gold have done increasingly well as of late. Bitcoin has shot up to roughly $11,700 at the time...…
Bitcoin Still Has a Few More Resistance Points to FaceBitcoin has shot past the $11,600 mark and is now just shy of trading for $11,700. $300 more to go and bitcoin can reach $12,000, which is considered a serious level for the world’s number one digital currency by market cap. Bitcoin Continues to Shoot Up Some analysts believe that this is the start of...…
BitMEX Leaderboard Trader Fears Bitcoin Could See a Second “Flash Dump” NewBitcoin has slid lower over the past 24 hours as the cryptocurrency failed to surmount $12,000 in the latest leg higher. As of the time of this article’s writing, BTC trades for $11,600 — 5% shy of the local highs. Investors are still reeling from the flash crash that transpired approximately one week ago. While…
Analyst: Bitcoin May “Teleport” to $13,000 if It Breaks Key Level NewBitcoin is currently caught in an unwavering consolidation phase within the upper-$11,000 region This is where the cryptocurrency has been trading throughout the past several days Unless buyers step up and shatter the resistance that sits around $12,000, the crypto could be poised to see notable losses One analyst is now noting that he is…
Ethereum is Showing Early Signs of Weakness; Is the Top in? NewEthereum, like Bitcoin, is facing a bout of consolidation as it trades below its crucial near-term resistance This level has held strong throughout the past several days, and each attempt to break above $400 has been met with an influx of selling pressure One result of this consolidation phase has been the emergence of multiple…
Bitcoin Plunges Under Pivotal $11.5k Support: What Do Analysts Think Is Next? NewBitcoin is slipping lower after peaking at $11,950 just the other day. This marked the second major rejection at the pivotal $12,000 level in the span of a week. As of the time of this article’s writing, BTC is trading for $11,400. This is the lowest price in days, with the asset last trading this…
Bitcoin is Facing “Serious” Bearish Divergences as Analysts Eye Downside NewThe strong momentum Bitcoin has incurred in recent weeks is now showing some signs of stalling as it struggles to break above $12,000 This signals that the resistance at this level may be insurmountable, and may also be a sign of weakness amongst bulls Analysts are now noting that it has led to a surge…
Why Toppling Silver and Gold Prices Could Be Especially Bad for Bitcoin NewIn March 2020, the stock market dragged cryptocurrencies down to their Black Thursday bottom. Since then, however, soaring gold and silver prices have helped restore interest in Bitcoin and altcoins. These hard, digitally scarce assets are expected to perform similarly to precious metals due to similar supply attributes. Still, it also could cause a disastrous…
Wall Street Veteran Explains Why He’s “Irresponsibly” Long on Bitcoin NewBitcoin has gained steam over recent weeks, hitting $12,200 last weekend as buyers rushed in. Analysts say that the cryptocurrency market has room to move higher due to technicals. But from a fundamental standpoint, some argue that BTC is more bullish than ever before. Raoul Pal, the CEO of Real Vision and a Wall Street…
What is Staking as a Service? Complete GuideCoinbase’s foray into ‘Staking as a Service’ via their Coinbase Custody arm grabbed headlines across the cryptocurrency landscape when launched. Representative of an ongoing departure from standalone, traditional custodial services, the move is part of a broader branch of developing narratives around Proof-of-Stake (PoS) blockchains that are launching. Considering Ethereum’s pending transition to PoS and…
CACHE Gold: Regulated ERC20 Tokens Fully Backed by GoldGold is turning into one of the hottest investments of 2020, but it is also probably going to be a great place to be over the coming decades. CACHE Gold is an innovative company that offers investors and traders a solid way to own tokenized gold tokens. CACHE Gold doesn’t sell gold-backed tokens – it…
Yearn’s LINK yVaults Are Good News for Ethereum, DeFi, & Chainlinkyearn.finance, for “You Earn,” kicked the decentralized finance sector’s yield farming craze into high gear back in June when it rolled out new automated yield strategies around rising DeFi governance tokens like COMP, CRV, and BAL. Suffice to say, these strategies have proven to be a big hit among more than a few Ethereum users,…
Despite price stagnation under $400, Ethereum fundamentals are still strong NewAfter a 60 percent rally in the span of two weeks, the price of Ethereum is cooling off. The post Despite price stagnation under $400, Ethereum fundamentals are still strong appeared first on CryptoSlate.
Litecoin “active” wallets jump ahead of Bitcoin Cash and BSV NewLitecoin — long called the digital silver to Bitcoin — is seeing a rise in activity ahead of its MimbleWimble implementation in September this year. The post Litecoin “active” wallets jump ahead of Bitcoin Cash and BSV appeared first on CryptoSlate.
Bitcoin investments returned 61% to investors since 2017 plunge NewBitcoin investors stood to gain even after the 2017 burst that saw the asset plunge from over $20,000 to under $4,000 this year — if they continued to dollar cost average (DCA) their way in (and had iron hands). The post Bitcoin investments returned 61% to investors since 2017 plunge appeared first on CryptoSlate.
Bitcoin trading laws impede stablecoin development, says Japan regulator NewA newly-appointed financial regulator in Japan said this week that introducing laws and regulations for Bitcoin trading would impede technical innovation while supporting purely speculative gains, according to Reuters. The post Bitcoin trading laws impede stablecoin development, says Japan regulator appeared first on CryptoSlate.
Navigating the complexities of DeFi custody [INTERVIEW] NewWe sat down with Alex Batlin, founder and CEO of Trustology—an award-winning custodial wallet provider — to get his perspective on the decentralised finance (DeFi) sector, and why Trustology is in a prime position to facilitate institutional entry into the industry. The post Navigating the complexities of DeFi custody [INTERVIEW] appeared first on CryptoSlate.
The launch of this Ethereum token could put DeFi into another frenzy NewAlthough decentralized finance (DeFi) has been seeing consistently strong growth, the gains in this Ethereum market sector have somewhat subsided over recent weeks. The post The launch of this Ethereum token could put DeFi into another frenzy appeared first on CryptoSlate.
Why isn’t Ethereum Classic worth $0? Macro investor asks after 51% attacksEthereum Classic (ETC), the fork or version of the Ethereum protocol that didn’t freeze the funds of the infamous DAO hack, has been under the spotlight over the past week. The post Why isn’t Ethereum Classic worth $0? Macro investor asks after 51% attacks appeared first on CryptoSlate.
Why Did Bitcoin Skyrocket When the US Dollar Declined? NewThe U.S. dollar drop and the Bitcoin surge happened at the same time. Why? Before we reveal the answer, let’s explore the multiple factors in the background starting with the continued downward adjustment of interest rates on U.S. Treasury bonds and quantitative easing policies. These policies have caused a lot of U.S. dollars to be…
Crypto Tidbits: Goldman Stablecoin, Dave Portnoy Wants Bitcoin, DeFi Boom NewAnother week, another round of Crypto Tidbits. It’s been a volatile week for the price of Bitcoin and other top digital assets. After our last Crypto Tidbits, the price of the leading cryptocurrency rallied as high as $12,200, then plunged around $1,700 in the span of five minutes in the worst crash since March 13th. Ethereum…
How U.S. Restrictions on Wechat & Other Chinese Brands Could Boost Crypto NewThe ongoing tensions between the U.S. and China could boost crypto should certain events transpire, say certain investors. Related Reading: Crypto Tidbits: Ethereum Surges 20%, US Banks Can Hold BTC, ETH’s DeFi Space Still in Vogue Ongoing China-US Tensions May Be Able to Boost Crypto: Dovey Wan & Others President Trump announced that U.S. businesses can…
Bitcoin’s Rocketing Network Activity Suggests BTC Remains Highly Undervalued NewBitcoin’s on-chain activity has been on the rise throughout the past few months, marking a massive surge from where it was this time last year. This is a sign of intense fundamental strength, as it shows that more entities and individuals are interacting with the BTC network at a greater rate than seen during last…
Binance Inches Closer To Overtaking BitMEX In Bitcoin Trading Liquidity NewBinance, BitMEX, and Coinbase are just a small sample of the major players in the Bitcoin market all fighting for a piece of the pie. BitMEX has long enjoyed dominance over the rest of the market, but new data shows that Binance is striking distance from overtaking BitMEX and becoming the top liquidity provider for…
XRP Breaking Past This Crucial Resistance Could Trigger 45% Rally: Trader NewXRP has gained approximately 50% in the past two weeks, following Ethereum on its steep rally higher. Analysts think the altcoin is poised to move higher should it break a critical resistance. Related Reading: Crypto Tidbits: Ethereum Surges 20%, US Banks Can Hold BTC, ETH’s DeFi Space Still in Vogue XRP Breaking This Pivotal Rally Could…
Chainlink Pushes Past $10 as Analysts Eye a Rally to $12.50 NewChainlink has continued seeing incredibly strong price action despite some tempered signs of weakness within the aggregated crypto market. The strong token is now breaching into the double-digit price region for the first time in its history, with this marking a massive rise from its multi-week lows of $7.40 that were set in late-August. Analysts…
- Why Did Bitcoin Skyrocket When the US Dollar Declined?The U.S. dollar drop and the Bitcoin surge happened at the same time. Why? Before we reveal the answer, let’s explore the multiple factors in the background starting with the continued downward adjustment of interest rates on U.S. Treasury bonds and quantitative easing policies. These policies have caused a lot of U.S. dollars to be…
- Despite price stagnation under $400, Ethereum fundamentals are still strongAfter a 60 percent rally in the span of two weeks, the price of Ethereum is cooling off. The post Despite price stagnation under $400, Ethereum fundamentals are still strong appeared first on CryptoSlate.
- Crypto Tidbits: Goldman Stablecoin, Dave Portnoy Wants Bitcoin, DeFi BoomAnother week, another round of Crypto Tidbits. It’s been a volatile week for the price of Bitcoin and other top digital assets. After our last Crypto Tidbits, the price of the leading cryptocurrency rallied as high as $12,200, then plunged around $1,700 in the span of five minutes in the worst crash since March 13th. Ethereum…
Blockchain Analytics Show Altcoins 2x More Prominent in East Asia Compared to North AmericaOn August 6, the blockchain intelligence firm Chainalysis published a report that analyzes cryptocurrency trends across various regions worldwide. According to the statistics, North America purchases and holds more bitcoin than any other region. Bitcoin also accounts for the largest share of U.S. crypto asset activity with 72% of all the transaction volume. The blockchain…- How U.S. Restrictions on Wechat & Other Chinese Brands Could Boost CryptoThe ongoing tensions between the U.S. and China could boost crypto should certain events transpire, say certain investors. Related Reading: Crypto Tidbits: Ethereum Surges 20%, US Banks Can Hold BTC, ETH’s DeFi Space Still in Vogue Ongoing China-US Tensions May Be Able to Boost Crypto: Dovey Wan & Others President Trump announced that U.S. businesses can…
- Bitcoin’s Rocketing Network Activity Suggests BTC Remains Highly UndervaluedBitcoin’s on-chain activity has been on the rise throughout the past few months, marking a massive surge from where it was this time last year. This is a sign of intense fundamental strength, as it shows that more entities and individuals are interacting with the BTC network at a greater rate than seen during last…
Major South Korean Bank Joins the Crypto Custody BusinessWe’re suddenly seeing banks lining up to support crypto custody, and KB Kookmin Bank is looking to get in on the action.
Bullish Bitcoin Price Trend Intact Even After BTC Retests $11.4K Support NewAfter dropping 4.89% to confirm $11.4K as support, Bitcoin price is slowly making its way back toward $11.8K.
Adam Back: Some ICOs Funded Useful Research Despite Being Unethical NewAdam Back admitted that some ICOs might have funded useful research, but still contends that they are deeply unethical.
An Official North Dakota Cryptocurrency Could Be on the Horizon NewFollowing the early 2019 initiation of North Dakota's deep dive into blockchain use cases, a state representative who was a leader in the study, mentioned a future digital asset concept for the region.
Law Decoded: Tech as an Arena for International Conflict, July 31–August 7 NewAs Trump clamps down on Chinese social media in the U.S., tech in general becomes subject to nationalism.
OneCoin Co-Founder Escapes 90-Year Jail Term Following Court Settlement NewKonstantin Ignatov is probably breathing a sigh of relief today.
Monero’s Hashrate Experienced Its Largest Single Day Gains Ever NewMonero has experienced its biggest single day gain in hashrate since its creation back in 2014.
Reports Claim UK’s Financial Conduct Authority ‘Pressurized’ to Remove Onecoin Scam Warning NewA recent episode of the popular BBC Sounds podcast the “Missing Cryptoqueen” has shown the public a very interesting view of the powerful Onecoin Ponzi. According to two witnesses the BBC interviewed, a London law firm and a reputation management company allegedly managed to get the UK’s Financial Conduct Authority (FCA) to take down a…
German Authorities Confiscate $30 Million in Bitcoin From Pirate Movie Site NewGerman authorities, with the help of the U.S. Federal Bureau of Investigation (FBI), have confiscated about $30 million in bitcoin from an operator of a pirate movie website. An unspecified amount of bitcoin cash was also seized. Bitcoin and Bitcoin Cash Seized The German state of Saxony’s media service announced Monday the confiscation of “bitcoins…
Lumi Wallet Web Widget: Cryptocurrency Exchange on Your Website NewGood news for those who want to upgrade their website with functional tools and features – on August 5st, Lumi Wallet Technologies launched its app web widget. Now everyone can easily embed a “mini digital wallet” into the body of their website. The Lumi Wallet Widget is a useful and interesting tool for a website.…
Only Bitcoin Outpaces G4 Central Bank Balance Sheet Growth NewInvestment strategist Raoul Pal says bitcoin is the only asset with a growth rate that outpaced that of G4 central bank balance sheets. Pal says G4 central bank balance sheets have grown much faster than traditional safe-haven assets like gold. A founder and CEO at Global Macro Investor (GMI) Pal made the remarks in a…
Bitcoin Ownership Steadily Shifts From Whales to Small Investors, Data Shows NewThe amount of bitcoin held by small investors has more than doubled in the past five years as so-called whale holdings declined by an almost similar margin during the same period. According to new data from Glassnode, the percentage of supply owned by entities holding 10 BTC or less has grown from 5.1% to 13.8%…
BTC Averages Over 1 Million Active Addresses as ETH Transaction Fees Hit $2M Daily NewBitcoin averaged over a million daily active addresses in the past week for the first time since January 2018. The growing usage metrics add to evidence of a rising bull market. According to data compiled by Coin Metrics, ethereum might be on course to surpass its all-time high if the bull market continues. The data…
Bittrex and Poloniex Move for Summary Judgment in Market Manipulation Case NewBittrex and Poloniex were added to the case as defendants in June 2020.
Market Wrap: Bitcoin Dips to $11.5K; Cardano Is Making a Big DeFi Move NewAfter testing a $11,900 high bitcoin takes a dip while a DeFi competitor to Ethereum checks off a roadmap box.
Riot Blockchain Ends Week Up 29%, Hits 2020 High Ahead of Q2 Earnings Report NewThe company has gained 70% so far in Q3.
11 Numbers That Tell the Story of the Economy Right Now NewFrom the price of coffee to the national debt as a percentage of GDP, these 11 numbers provide a picture of a fast changing global economy.
Money Reimagined: Warnings From an Argentine Tragedy NewProgrammable money can protect against politicians debasing currencies to satisfy their own interests.
Blockchain Bites: Goldman’s Hire, Ether’s Options, Bitcoin’s Patronage NewThe Fed is rushing ahead with a payments platform, Goldman Sachs is building out a digital assets team and NBA stars have backed Dapper Labs.
Privacy Group Slams California Bill That Would Put Health Records on the Blockchain NewEFF said the bill is a serious threat to citizens' privacy; the immutability of a blockchain means false diagnoses can't be erased.