The founder of Real Vision and Global Macro Investor, Raoul Pal, is predicting “ridiculous” price acceleration for the crypto markets in the coming months. In a new Real Vision Finance video, the macro guru says he’s looking at the big picture, which tells him that the ongoing crypto market correction will soon be over. ADVERTISEMENT …
Monthly archives: September 2021
Alibaba to ban crypto miner sales amid Chinese crackdown
Chinese e-commerce giant Alibaba is the next company to wrap its cryptocurrency-related services in response to the ongoing crypto crackdown in China. Alibaba officially announced Monday that its platform will prohibit sales of cryptocurrency miners and suspend categories for blockchain miners and accessories from its website on Oct. 8. In addition to stopping sales of …
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BTC price loses $42K after fresh rejection puts focus on ‘worst case’ Bitcoin monthly close
Bitcoin (BTC) fell below $42,000 on Sept. 28 as the largest cryptocurrency worsened overnight losses. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC bulls run out of steam at $44,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching local lows of $41,670 on Bitstamp. The fall followed a $1,000 hourly loss late Monday, …
Northern Data to obtain 33K ASIC miners through Bitfield acquisition
Blockchain and high performance computing firm Northern Data has announced it will acquire Bitcoin miner Bitfield. According to a Sept. 27 press release, all major shareholders signed a binding purchase agreement for the entire Bitfield enterprise to be sold at a value of roughly $460 million. Northern Data will acquire an equity interest of between …
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DeFi farmers boast about gaming dYdX airdrop as prices surge
As dYdX’s governance token gains amid speculation that Chinese traders could be migrating to the derivatives DEX, savvy DeFi farmers are claiming to be sitting on six-figure stashes after gaming the protocol’s recent airdrop. DYDX has gained 85% in two days as reports claim that China’s crypto traders are converging on the decentralized margin trading …
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Bitcoin Lightning nodes and channels hit record highs
The node count for Bitcoin’s leading layer-two solution, the Lightning Network (LN), has spiked to record levels following a surge of adoption. According to on-chain analytics provider Glassnode’s Sept. 27 Week on-Chain report, the number of Lightning Network nodes increased by 160% during September to tag a record high of 15,600. At the end of …
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Facebook announces $50M investment fund tasked with developing its virtual metaverse
Facebook has announced it will allocate $50 million to a two-year fund tasked with beginning work on realizing the firm’s vision for a virtual metaverse. A Sept. 27 announcement articulates Facebook’s roadmap for building its metaverse, with the funding slated to back “global research and program partners” looking to build out the platform in addition …
Abstinence from DeFi is ‘no longer an option,’ states founder of Polygon-based QuickSwap
Sameep Singhania is a blockchain and software engineer, who has worked on several projects, including Bonded Finance and ParaSwap, but hit the DeFi nail on the head when he and his team, frustrated by the growing Ethereum (ETH) fees, built QuickSwap (QUICK), a popular Layer-2 decentralized exchange (DEX). QuickSwap is an Ethereum-based DEX powered by …
Opinions split over AI healthcare robot that debuted at the Cardano (ADA) Summit
As the first virtual world crypto event, the Cardano Summit, which finished on Sunday, promised much. The keynote sessions are available for viewing now, with the rest of the content to be uploaded on the IOHK YouTube channel shortly. Feedback indicated it was a well-organized event, and more importantly, it showcased key innovations and partnerships …
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14- and 9-Year-Old Brother and Sister Duo Rake in $30K a Month Mining Crypto With Renewable Energy
The beauty behind cryptocurrency networks like Bitcoin is the fact that anyone can participate in the field of crypto mining. In fact, two siblings explained in a recent interview that they rake in more than $30K per month mining digital assets. Kid Duo Captures $30K a Month Mining Digital Currencies A 14- and 9-year-old brother …
29 Crypto Exchanges Survive New Regulation in South Korea, 37 Exchanges Must Shut Down
The deadline for crypto exchanges and service providers in South Korea to meet requirements to stay open under the new regulation has passed. Twenty-nine cryptocurrency exchanges met the deadline to continue operations but only four of them can offer trading in Korean won. New South Korean Crypto Regulation in Effect The Act on Reporting and …
Binance and Huobi Block Users From Creating New Accounts in China As Crypto Ban Looms: Report
Digital asset exchange operators Binance and Huobi are reportedly blocking new user registration in response to China’s latest measures against the crypto space. Bloomberg reports that Binance and Huobi are still accepting new sign-ups from Hong Kong, but are no longer allowing new registration for traders with mainland China-based mobile phone numbers. ADVERTISEMENT On …
Phishing attacks are on the rise — here are some steps you can take to protect yourself
Phishing attacks are on the rise — here are some steps you can take to protect yourself Tl;Dr: As we have discussed in previous blogs, at Coinbase we believe that a healthy and safe crypto industry is critical to growing and maturing the cryptoeconomy. Part of that means sharing information that we believe is useful to protect consumers …
Do more with your crypto: beyond the buy and sell buttons
Simply spend, earn, send, receive and trade 100+ cryptocurrencies and more on Coinbase Direct deposit coming soon: customers will be able to deposit any percentage of their paycheck into their Coinbase account in crypto or USD Coinbase Card adds ability to spend USD; offers new rewards with DAI, AMP and RLY; and general availability starts this Fall Since …
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Now get your paycheck deposited into Coinbase
By Prakash Hariramani, Sr Director, Product, Coinbase Over the next few weeks, we’re rolling out the ability for customers in the US to deposit their paycheck into Coinbase to more easily make regular crypto trades, spend on Coinbase Card, earn crypto rewards¹, and more. Get paid in crypto² or in US dollars and deposit as much³ …
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