Ciphertrace Files 2 Patents for Systems to Identify Criminal Monero Transactions NewCryptocurrency intelligence firm Ciphertrace has filed two patent applications for tools and systems to trace monero transactions. The company aims to enable the detection of criminal uses of privacy coins like monero. Monero Tracing Patents Blockchain analytics and cryptocurrency intelligence firm Ciphertrace announced Friday that it has filed two monero tracing patents. One patent is…
Previous Bitcoin Bull Run Patterns Suggest Current Run Could See a $160K Top, Possible $25K Bottom NewWhile digital currency markets have increased significantly in value a number of crypto asset proponents are wondering how far the next bull run will take them. For instance, the last three bitcoin bull runs saw different price spikes and significant drops below 80% as well. If the next bitcoin bull run follows a similar pattern,…
MCS Introduces a Market Maker Program With the Best Benefits in the Industry NewPRESS RELEASE. Singapore, November 23, 2020 — MCS (MyCoinStory), a fast-growing cryptocurrency derivatives exchange headquartered in Singapore, announced on November 23 that it has officially launched a market maker program. As a latecomer to the industry, MCS claimed that it has prepared unprecedented benefits, in comparison with other exchanges, for its market maker program. As…
SEC Chairman Jay Clayton Explains US Crypto Regulation, Calls Bitcoin a Store of Value NewThe chairman of the U.S. Securities and Exchange Commission (SEC) has explained how the U.S. government is regulating cryptocurrency. He calls bitcoin a store of value, noting that its rise is driven by the inefficiencies of the current payment system. How Bitcoin Is Regulated in the US SEC Chairman Jay Clayton explained how the U.S.…
End of Western Union Remittance Service to Cuba a Boon for Crypto NewAs new U.S. government measures that impose restrictions on remittances to Cuba becomes effective after November 22, Western Union, which has been operating in the island nation since 1999, will close shop. The new rule, which was published on October 27, gave Western Union 30 days to implement new restrictions. The new rule is likely…
Poker Site Buys $100 Million of Bitcoin Every Month to Pay Players in BTC NewA major online poker website has been buying millions of dollars of bitcoin every day to meet demand from players wanting to cash out in bitcoin. This amounts to $100 million in bitcoin a month as about 95% of players now demand payouts in the cryptocurrency. Poker Site Buys $100 Million of Bitcoin Demand for…
Crypto Retirement: US Investment Firm Launches Employer-Sponsored Bitcoin 401(k) Plan NewThe U.S.-based company Digital Asset Investment Management (Daim) has announced the launch of a company-sponsored 401(k) retirement plan that allocates up to 10% in bitcoin. The plan is an ERISA compliant employer-sponsored 401(k) and assets are held in institutional-grade cold storage by leveraging the custodian Gemini Trust. During the last few years, investors have been…
PayPal Gets “Conditional” BitLicense, Will Work with Paxos TrustNew York has always been strict when it comes to bitcoin and cryptocurrency, but now that PayPal has entered the crypto fray, it looks like the company’s position in the Big Apple just got a whole lot easier. PayPal Is Asserting Itself in New York It has been announced that PayPal has been given what’s...…
PayPal Aims to Buy Bit Go, a California-Based Crypto ExchangeNow that PayPal has permitted the buying and selling of bitcoin and other forms of crypto on its site, it would appear the company fancies itself the ultimate crypto platform, and apparently, it’s looking to expand its horizons with the potential purchase of exchanges like Bit Go. PayPal Has Its Sights Set on Bit Go...…
The Amount of BTC Grayscale Manages Just Got A Lot BiggerBitcoin’s price isn’t the only thing getting larger in the cryptocurrency space. According to reports, the institutional presence in the space is expanding as well. Grayscale Investments, a crypto management service that handles accounts primarily for institutional investors, recently announced that the digital assets it’s overseeing grew by a whopping $300 million in a single...…
Cardano (ADA) Price Analysis: Holding Support, But Facing Major HurdlesADA price declined below $0.1060, but it found support near $0.1000 against the US Dollar. The price is facing hurdles near $0.1055 and it is well below the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.1054 on the 4-hours chart (data feed via Kraken). The price...…
Ethereum Price Analysis: ETH Holding Important Support at $380Ethereum price started a downside correction from the $421 swing high against the US Dollar. ETH price is currently trading well above $380 and testing the 55 simple moving average (4-hours). There was a break below a major declining channel with support near $400 on the 4-hours chart (data feed from Coinbase). The pair is...…
Novogratz: BTC Is for Storing Value, Not for PaymentsMike Novogratz can be a hard man to read. As a billionaire investor and former ex-hedge fund manager, the man has had a lot of positive things to say about bitcoin, going so far as to compare the asset to gold. However, while he thinks very highly of bitcoin, he doesn’t see it being used...…
Is PayPal Bitcoin’s Best Hope Right Now?There are analysts out there that claim the PayPal-bitcoin relationship isn’t anything special. Now that they are more familiar with the fine print associated with the relationship, they are questioning just how far bitcoin can go with it. However, the sentiment also appears to be that even though the arrangement may not be perfect, PayPal...…
Ethereum 2.0 Likely to Happen as Tens of Millions Sent to Deposit Contract NewEthereum 2.0 seems to be confirmed to happen soon as deposits in the contract spike. Ethereum 2.0 Nears as Deposits Spike There is now 80% of the ETH needed to launch the upgrade by December 1st, as Etherscan shows. For some more context, there needs to be 524,000 ETH in the contract for the upgrade…
Analyst: Bitcoin Likely to Sweep Its Highs as Bears Face Mass Liquidation NewBitcoin has been stable below $19,000 for the past few days, with each visit to this level sparking relatively strong pullbacks Where the crypto trends in the near-term will depend largely on whether or not bulls can take control of its price action and push it past $19,000 The selling pressure here is significant and…
This Fractal Suggests Ethereum is About to Enter a Parabolic Growth Phase NewEthereum has been caught in the throes of an intense bull trend throughout the past few days and weeks, which has helped erase its trend of underperformance Where the cryptocurrency trends in the days and weeks ahead will depend largely on Bitcoin and whether or not it can remain stable in the mid-$18,000 region Each…
Investors’ Unrealized Bitcoin Profits are Higher Than 2019 Peak; A Warning Sign? NewBitcoin has been on a tear throughout the past few weeks, with its price posting 2017-style gains as buyers take charge After reaching highs of $19,000, the cryptocurrency’s momentum began stalling and it entered yet another consolidation phase These bouts of sideways trading have been seen on multiple occasions throughout the recent uptrend. They are…
Bloomberg: Futures and Fund Flows Show Bitcoin Is Replacing Gold NewThe Bitcoin as digital gold narrative is suddenly taking on such significance, hedge funds, corporations, and institutional investors have begun reallocating a portion of their gold holdings into the cryptocurrency, according to Bloomberg Intelligence. A top senior commodities analyst for the financial forecasting giant believes that trend along with climbing Futures interest while gold declines,…
Bitcoin Analyst Foresees Bearish Correction as Price Struggles Near $18.5K NewBitcoin rallied relentlessly for six weeks in a row, rising by almost 78 percent as traders assessed the growing institutional investments into the cryptocurrency space.
Bitcoin Weekly Outlook: PayPal FOMO 2.0 Validates $20K TargetThe PayPal FOMO could allow Bitcoin to hold $18,500 as support for its next upward leg towards $20,000, its record high with a huge sentimental value among traders.
Yield Aggregator Protocols: Surveying the Top Projects for DeFi Farmers NewYou put your money in, and the protocol you put it in automatically (and permissionlessly, with no trusted intermediaries) gets to work in fetching you attractive returns via that investment. This is the promise of Ethereum’s rising “yield aggregator” projects. You deposit your tokens into these dApps, and thereafter they proceed to put these assets…
Join the Utopia Ecosystem and Change Your Future – with Crypton NewAfter so many controversial and debilitating decisions regarding the world’s economy, people have become disillusioned. Every minor conflict of government affects our lifestyle and it becomes harder to have peace of mind about the future. The banks are contributing to this too. Every day, thousands of bank accounts are closed without any proper justification. We…
Alpaca City: a Mythical Adventure into NFTs & DeFi Yield Farming NewWelcome to Alpaca City, located in mysterious Alpacadia. Inhabitants of Alpacadia are Alpacacinos, the newly founded crypto with a unique yield farming system and the source of Alpa Energy. This blockchain-based game is written on the Ethereum blockchain, and now Alpaca City is open to anyone who wants to explore all the game has to…
MegaCryptoPolis: Decentralized City Builder dApp Game NewIn a regular, run-of-the-mill triple-A game title, you would normally expect to pay out $59 and a dozen more for a DLC or two and that will probably sound like a good investment for the next 3 to 4 months or until a sequel drops. MegaCryptoPolis redefines the term “investment” when it comes to gaming…
TA: Ethereum Looks Ready For Another Leg Higher Over $625 NewEthereum is trading nicely above the $600 resistance against the US Dollar. ETH price seems to be preparing for more gains above the $625 and USD $630 levels. Ethereum settled nicely above the $600 level, with a positive angle. The price traded as high as $621 and it settled well above the 100 hourly simple…
TA: Bitcoin Stuck In Range, Why BTC Remains At Risk of A Sharp Correction NewBitcoin price failed again to clear the $18,800 resistance against the US Dollar. BTC is trading in a range and it could correct lower sharply if there is a break below $18,200. Bitcoin is still trading well below the key resistance area near the $18,700 and $18,800 levels. The price is now below $18,500 and…
Blockchain Analytics Firm Looks to Trace Monero (XMR) Transactions NewMonero (XMR) has been one of the main privacy technologies in the crypto space for many years now. Unlike what many think, Bitcoin is actually easy to track if a user connects their account to an exchange. But even Monero may be susceptible to tracing, according to a recent press release from CipherTrace. Related Reading:…
Analyst Claims XRP Likely to Target $0.70 as Uptrend Turns Parabolic NewXRP has surprisingly been one of the best performing major altcoins throughout the past few days, seeing parabolic gains as bulls take full control of its price action. Its rally shows few signs of slowing down either, with bulls setting their sights on the cryptocurrency seeing even further upside as it plows past multiple key…
Fibonacci Day: How To Use Math To Trade Bitcoin And Altcoins NewBitcoin price broke above its 2019 high, and after that, took off another $5,000. The reason why the level was so critical to confirming a reversal back into a bull market, was due to the resistance residing at the golden ratio – based on the Fibonacci sequence. Today, to celebrate both Fibonacci Day and Bitcoin’s…
XRP Continues Rapid Ascent With 15% Gain, Outperforming Bitcoin by 1,000% NewXRP has been one of the best-performing cryptocurrencies over the past day. After lying dormant for much of the past few months, the cryptocurrency has gained over 50% over the past few days, rallying from the $0.34 range to $0.51 as of this article’s writing. The coin is currently up 15% in the past 24…
Bitcoin’s Risk-Adjusted Returns Make It a Better Investment Vehicle than Gold NewBitcoin’s price has been caught within a bout of range-bound trading throughout the past few days, with the support at $18,000 and resistance at $19,000, leading to the formation of a new and intense trading range. Its trend of trading sideways has greatly favored altcoin bulls, as Ethereum and many other digital assets have been…
- TA: Ethereum Looks Ready For Another Leg Higher Over $625Ethereum is trading nicely above the $600 resistance against the US Dollar. ETH price seems to be preparing for more gains above the $625 and USD $630 levels. Ethereum settled nicely above the $600 level, with a positive angle. The price traded as high as $621 and it settled well above the 100 hourly simple…
- TA: Bitcoin Stuck In Range, Why BTC Remains At Risk of A Sharp CorrectionBitcoin price failed again to clear the $18,800 resistance against the US Dollar. BTC is trading in a range and it could correct lower sharply if there is a break below $18,200. Bitcoin is still trading well below the key resistance area near the $18,700 and $18,800 levels. The price is now below $18,500 and…
- Ciphertrace Files 2 Patents for Systems to Identify Criminal Monero TransactionsCryptocurrency intelligence firm Ciphertrace has filed two patent applications for tools and systems to trace monero transactions. The company aims to enable the detection of criminal uses of privacy coins like monero. Monero Tracing Patents Blockchain analytics and cryptocurrency intelligence firm Ciphertrace announced Friday that it has filed two monero tracing patents. One patent is…
Bitcoin hits the front page of The Wall Street JournalCrypto is against capturing the attention of the mainstream media, with the front page of today’s Wall Street Journal discussing Bitcoin’s 80% rally since reclaiming five-figure prices.- Blockchain Analytics Firm Looks to Trace Monero (XMR) TransactionsMonero (XMR) has been one of the main privacy technologies in the crypto space for many years now. Unlike what many think, Bitcoin is actually easy to track if a user connects their account to an exchange. But even Monero may be susceptible to tracing, according to a recent press release from CipherTrace. Related Reading:…
Exploring the idea of interoperability between Cardano and LitecoinDuring the latest Litening Series webinar, the heads of the Litecoin Foundation explored the idea of introducing interoperability between Cardano and Litecoin. The post Exploring the idea of interoperability between Cardano and Litecoin appeared first on CryptoSlate.
ETH 2.0 confirmed for Dec. 1 launch just hours before deadlineWith just nine hours remaining, the Ethereum’s deposit contract met its threshold of 524,288 Ether — locking ETH 2.0’s beacon chain genesis for Dec. 1.
ETH 2.0 set to launch Dec. 1 after late surge in deposits NewEthereum’s beacon genesis event is set to take place on Dec 1, with the ETH 2.0 deposit contract reaching more than 94% of its target with just 12 hours to go.
Key Bitcoin and Ethereum options metrics show traders are wildly bullish NewEthereum price is now the center of attention but options data shows pro traders are still wildly bullish on Bitcoin price.
4 tips to avoid phishing attacks NewOnce a user identifies a phishing attempt, spreading the word online can assist in the security of everyone’s funds.
XRP price rallies 91% in a month due to 3 fundamental factors NewXRP price rallied 91% in the past month and data shows these three fundamental factors may be behind the break above the current multi-year range.
Biden plans for former Fed Chair and noted Bitcoin bear to lead US Treasury NewThe Biden team looks to Janet Yellen to lead the next administration's economic policy, which will have to navigate the wreckage left in the wake of the coronavirus.
U.S. feds forget to seize $400k in Bitcoin forks NewCrypto research firm Coinfirm has found that US authorities have left “substantial funds” left on various cryptocurrency wallets seized from criminals over the years, as a result of multiple “forks” that issued newer cryptocurrencies that traded on public markets. The post U.S. feds forget to seize $400k in Bitcoin forks appeared first on CryptoSlate.
The Ethereum 2.0 launch won’t happen on Dec. 1st unless $130m is deposited NewAll eyes will be on Ethereum over the next 24 hours. The post The Ethereum 2.0 launch won’t happen on Dec. 1st unless $130m is deposited appeared first on CryptoSlate.
Zero crypto-assets in the top 100 are down today as Bitcoin bull run continues NewAfter fears that Bitcoin would tank on the weekend (and it did), the crypto bull run seems to be back in full force as of Monday morning. The post Zero crypto-assets in the top 100 are down today as Bitcoin bull run continues appeared first on CryptoSlate.
On-chain metrics show where Litecoin might be heading next NewLitecoin, the sixth most valuable cryptocurrency in the global market, increased by 30% in the past week. The post On-chain metrics show where Litecoin might be heading next appeared first on CryptoSlate.
“Bitcoin shortage”: PayPal bought 70% of all mined BTC last month NewCrypto hedge fund Pantera Capital revealed global payments processor PayPal purchased over 70% of all Bitcoin mined in the past month, as per an investor letter published last week. The post “Bitcoin shortage”: PayPal bought 70% of all mined BTC last month appeared first on CryptoSlate.
Analyst who predicted Bitcoin rally to $18,000 begins to build a short positionBitcoin has undergone an extremely strong rally over the past few weeks that has brought the coin as high as $18,900. The post Analyst who predicted Bitcoin rally to $18,000 begins to build a short position appeared first on CryptoSlate.
Market Wrap: Bitcoin Surpasses $15.3K; Ether Up 210% in 2020The price of bitcoin popped to new 2020 highs while ether has performed more than two times better than BTC so far this year.
Square Reports $1B in Quarterly Bitcoin Revenue for First Time: Q3 Earnings"Cash App generated $1.63 billion of bitcoin revenue and $32 million of bitcoin gross profit during the third quarter of 2020."
Buggy Code in This Compound Finance Fork Just Froze $1M in Ethereum TokensSome $1 million in Ethereum tokens is locked in a new DeFi app after its developers made changes to the protocol’s contracts.
Visa’s Planned $5.3B Purchase of Fintech Firm Plaid Challenged by US DOJThe Justice Department alleges Visa’s acquisition of Plaid would eliminate competition in the online debit market, leading to higher prices.