Billionaire Who Predicted 2008 Housing Crash Says Bitcoin Is “Worthless”

“Bitcoin is a bubble” is something that has been thrown around a lot ever since the last bull run began in 2017. A lot of prominent personalities in the finance industry took this stand when the digital asset hit its then all-time high of $19K. The bear market that followed seemed to validate this for …

Bitcoin Mempool Shows Low Demand?, Why Bears Could Stage A Comeback

There is a before and after in one particular Bitcoin indicator that could be signaling bearish price action in the short term. BTC picking up movement to the upside in the daily chart Source: BTCUSD Tradingview As stated by many experts, the current bullish momentum can only be supported by strong demand, otherwise, BTC’s price …

Cream Finance Loses $25 Million To A Flash Loan Attack

PeckShield reported through a tweet of the new hack on Cream Finance. The blockchain security company said a flash loan attack on the decentralized finance lending and borrowing protocol. #FlashLoanAlert https://t.co/JPW7e368qd — PeckShield Inc. (@peckshield) August 30, 2021 PeckShield explained that the hacking came through a 500 Ethereum flash loan from the attacker. This was …

Why Bitcoin Dominance Could Submit To Altcoin Season Several Months Longer

Bitcoin price is struggling to break through resistance at $50,000, and it could partially be altcoins to blame for the weakness. The most recent technical structure on the highest time frames suggests that not only could alts continue to gain against BTC dominance, altcoin season itself could last a while longer. Bitcoin Dominance And Technical …

PlanB: S2F Model Predicts Bitcoin To Break $100k By Christmas

PlanB, the popularizer behind the Bitcoin S2F method, says the model predicts BTC will break $100k by this Christmas. The Bitcoin Stock-To-Flow Model According to PlanB on Twitter, the BTC stock-to-flow (or S2F in short) model predicts that the cryptocurrency is on its way to break $100k by Christmas. The S2F model is a method …

Here Are the Breakout Targets for Ethereum, Cardano, XRP and Four Altcoins, According to Analyst Scott Melker

Prominent crypto strategist and trader Scott Melker is keeping a close eye on seven altcoins that he says are threatening to take out their immediate resistance levels. In a new strategy session, Melker tells his 83,000 YouTube subscribers that he’s watching the price action of ETH as it looks to exhaust sellers at $3,330. ADVERTISEMENT …

Here’s how Bitcoin options traders might prepare for a BTC ETF approval

Very few events can shake the cryptocurrency markets in a sustainable manner that really sends Bitcoin and altcoin prices into a sharp directional move. One example is when Xi Jinping, China’s President, called for the development of blockchain technology throughout the country in October 2019.  The unexpected news caused a 42% pump in Bitcoin (BTC), …

Fantom price gains 100% after launching a 370M FTM incentive program

The Ethereum (ETH) network continues to enjoy the status of being the top smart contract platform in the blockchain industry, but the competition is slowly gaining market share because high costs and network congestion are still challenges for the protocol.  One project that has been gaining traction in the month of August is Fantom (FTM), …

Bitcoin Price Prediction: BTC/USD Drops Beneath $48,900

Bitcoin Price Prediction – August 30 The Bitcoin price prediction drop today as the cryptocurrency breaks beneath the daily high of $48,906 and heads toward the south. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $53,000, $55,000, $57,000 Support Levels: $44,000, $42,000, $40,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD is seen …

Bitcoin (BTC) Price Prediction: BTC/USD Recovers above $48K as Bitcoin Resumes Fresh Uptrend

Bitcoin Struggles Above $48K as Bitcoin Resumes Fresh Uptrend – August 30, 2021 Today,BTC/USD – Daily Chart Buy Bitcoin Now Following the breaching of the $48,000 support, Bitcoin risks further downsides. Sellers have pushed Bitcoin below the previous price level of $47,760. This will accelerate the downward movement of prices. The current downtrend will reach …

Anti-Bitcoin protests are ongoing in El Salvador ahead of legalization

The citizens of El Salvador took to the streets to protest the adoption of the country’s new Bitcoin law on Friday. According to a report from Euronews, hundreds of demonstrators marched through the capital San Salvador to express their concerns about using a cryptocurrency as a legal tender. Protestors were seen holding up signs saying …

“Crazy” times for Layer 1s as Terra (LUNA), Avalanche (AVAX), and Cardano (ADA) hit major milestones

The past week has seen the total crypto market re-reach $2 trillion bringing an air of confidence for the remainder of 2021. With that, thoughts turn to altseason, especially as several layer 1s are soon to launch major protocol updates. Twitter user @WestieCapital reiterated this by mentioning some of the developments coming before the year …

Blockchain.com CFO Says Company Could IPO in ’18-Months,’ Firm’s Balance Sheet Holds BTC, ETH

This week Blockchain.com CFO Macrina Kgil discussed how the company has surpassed $1 trillion in cryptocurrency transactions and the company may go public with an initial public offering (IPO) in 2023. The cryptocurrency firm is one of the oldest in the industry and Kgil explained that 76 million Blockchain.com wallets have been created since the …

Kava Swap Lists on AscendEX

press release PRESS RELEASE. AscendEX, a global digital asset trading platform with a comprehensive product suite, is thrilled to announce the listing of the Kava Swap token (SWP) under the pair USDT/SWP on Aug 31 at 1 p.m. UTC. In celebration of the SWP listing, AscendEX will work with the team at Kava Swap to …

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