A popular crypto trader and market analyst is calling for Ethereum (ETH) to drastically outperform Bitcoin (BTC) over the next several months. The pseudonymous crypto trader Pentoshi tells his 207,500 Twitter followers that he’s looking for Ethereum to form a higher low to build support for a further rally now that the token has broken …
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British multinational bank HSBC is reportedly suspending credit card payments to cryptocurrency exchange Binance. The move follows a crackdown by the UK’s Financial Conduct Authority (FCA), which recently said Binance is not allowed to launch regulated activities in the country without written approval. ADVERTISEMENT Word of HSBC’s suspension spread on Twitter, with the popular …
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Two altcoins are surging by double digits after receiving support from Coinbase. The native token of the PlayDapp (PLA) blockchain gaming platform and non-fungible token (NFT) marketplace, as well as payments token Alchemy Pay (ACH), are launching on Coinbase Pro. ADVERTISEMENT PLA has rallied by more than 50% over the past 24 hours while …
Continue reading “Two Low-Cap Altcoins Surge 50% or More After Surprise Coinbase Listings”
Ether (ETH) price rallied 50% leading in the London hardfork because many investors expect the upgrade to solve the issue of high transaction fees and make the altcoin a deflationary asset. Pantera Capital CEO Dan Morehead has predicted that the upcoming upgrade would likely cause Ether to ‘flip’ Bitcoin (BTC) as the leading cryptocurrency but …
Continue reading “London is live and Ethereum bulls control Friday’s $357M ETH options expiry”
Crypto investors are seeing gains in Ether (ETH) and Bitcoin (BTC) on Aug. 5 after the successful launch of Ethereum’s London hard fork and a series of new Bitcoin exchange-traded fund filings, resulting in a rally that propelled BTC’s price 9% higher and caused Ether to gain 11.75%, which pushed the altcoin closer to the elusive $3,000 …
Continue reading “Fresh Bitcoin ETF hopes back BTC’s swift rally above $40,000”
Crypto exchange Coinbase announced on Thursday that users can now use Apple Pay to purchase crypto assets on its platform, with Google Pay integration to follow. “Today, we’re introducing new and seamless ways to enable crypto buys with linked debit cards to Apple Pay and Google Pay, and instant cashouts up to $100,000 per transaction …
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The London upgrade, which consists of several Ethereum improvement proposals, including EIP-1559, is now official after months of preparation and anticipation. The upgrade occurred at block 12,965,000, marking the start of various changes designed to improve Ethereum’s user experience. ADVERTISEMENT EIP-1559 introduces a highly anticipated fee-burning mechanism into the network. This means each time …
Continue reading “$1,611,766 in Ethereum Has Already Burned As Highly Anticipated Upgrade Goes Live”
Google is lifting a three-year ban on certain advertisements that promote cryptocurrencies, such as Bitcoin (BTC), and crypto-related products and services. In June of 2018, the tech giant restricted advertisements for initial coin offerings (ICOs), digital asset exchanges, crypto exchange wallets and other crypto-related content. ADVERTISEMENT Google now says it allows advertisers to promote …
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Christie’s upscale building located in New York City’s Rockefeller Center, Midtown Manhattan. The organizers were exhibiting a 3D frame, which allows a hologram of oneself to be remotely projected elsewhere, and discussing how animated interactive collectible cards will change over time based on the real-life performance of the displayed athletes. Galaxy Digital CEO Mike Novogratz, …
Continue reading “Hot July at Christie’s: Over $93M in NFT sales and Art+Tech Summit 2021”
Chris Waller, a member of the Board of Governors of the Federal Reserve System (Fed), seems to think it’s unnecessary for the United States government to develop a central bank digital currency, or CBDC. Speaking with Michael Strain of the American Enterprise Institute today, Waller said he was “highly skeptical” of a central bank digital …
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Atlanta-based investment company Invesco is planning to launch a new Bitcoin (BTC) exchange-traded fund, or ETF, that will not invest in BTC directly. On Wednesday, Invesco filed an application with the United States Securities and Exchange Commission (SEC) to list a new investment product called Bitcoin Strategy ETF. The Invesco Bitcoin Strategy ETF seeks to …
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Ethereum’s Ether token (ETH) enjoyed a “massive” rebound towards $3,000 on Aug. 5 as optimism flowed in after its London hard fork went live. ETH/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and TradingView showed ETH/USD climbing swiftly to local highs of $2,820 on Bitstamp Thursday. The sudden burst of enthusiasm countered …
Continue reading “Ethereum approaches $3K resistance as Bitcoin price rebounds toward $40K”
Upscale German fashion designer Philipp Plein told his 2.5 million followers on Instagram he will now accept crypto as payment online and in his stores. Plein has partnered with payment processors Coinify to make this happen. Online buyers opting to pay in crypto will get redirected to Coinify’s payment page to complete their purchases. The …
Veterans from traditional tech and finance industries continue to turn their attention to crypto, with the team behind Router Protocol and Dfyn exchange adding Coinbase’s current CPO and a product executive from DoorDash to its list of prominent backers. Router Protocol grows its list of prominent investors Cross-chain interoperability protocol Router has announced that two …
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Ethereum, the world’s most-used blockchain, jumped to over $2,700 ahead of the EIP-1559 set for later today, data from multiple sources shows. EIP-1559 is one of the most important changes to ever happen to Ethereum. Tomorrow brings incredible progress, and we can’t wait. London’s calling! — Lido (@LidoFinance) August 4, 2021 Termed ‘London,’ the upgrade …
Continue reading “Ethereum (ETH) jumps, then dumps, ahead of crucial EIP-1559 upgrade”
