Morgan Stanley Investment Management’s Dennis Lynch, says that bitcoin’s resilience is like Kenny from the popular TV series South Park. In almost every episode, Kenny comically died but always came back, just like how bitcoin bounces back every time after a bear market. Bitcoin Is Similar to Kenny in South Park, Says Morgan Stanley’s Executive …
Monthly archives: September 2021
Coinbase Exchange is launching price auction
As a trusted crypto exchange our priority is to build features that enhance transparency and help us create the best markets. Starting today, when we launch new assets on the Coinbase Exchange we will be using a price auction to help price discovery and create a healthier market when trading starts. How price auctions work In our …
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DeFi Hack: Vee Finance Losses $35 Million To Hackers Following Mainnet Launch
One of the major threats to businesses online, not only the crypto industry, is cybercriminals’ attacks. Even though the existing networks are supposed to be safe and secure, attackers often find loopholes to exploit them in the bid to steal investors’ funds. This is not new in the online world. There have been occasions when …
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El Salvador’s Chivo And Bitcoin Adoption In Mindblowing Facts And Stats
Why didn’t we thought of measuring Chivo and Bitcoin adoption this way? Cero anecdotal evidence. Only facts, numbers, and reports from wherever we can get them. What do we know about the Chivo wallet’s Lightning node? What apps besides the government wallet are the Salvadorans using? Are they happy with them? Investor and blogger Kevin …
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Cardano Summit Begins Tomorrow, Here’s What You Should Know
The Cardano summit is scheduled to begin tomorrow, Saturday, September 25th. The summit is scheduled to run for two days, the 25th to the 26th, and promises to be a one-of-a-kind event. Meetups are available in six locations around the world. But the summit will feature both live and virtual events where anyone from around …
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Why Bitcoin Bears Might Not Get To Buy New Lows
The crypto community is locked in debate over: Is Bitcoin in a bull or bear market? The debate will rage on until either a new high or new low is made. The current price action is bearish, which gives the impression that sellers are in charge. The news cycle, and sentiment doesn’t help the picture …
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DeFi Protocol pNetwork Loses $12 Million In Tokenized Bitcoin
One of the threats that the crypto community face is the attack of cybercriminals. Many exchanges, projects, and apps often face one vulnerability exploitation or the other. Recently, BSC-based cross-chain pNetwork lost at least $12.7 million of tokenized Bitcoin to attackers. They have joined the many networks targeted and exploited by hackers in the crypto …
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Blockchain In Global Trade Terms: Can It Revolutionize Trade?
Human intention to look for solutions that will facilitate life and improve it most efficiently is one of every person’s priorities. No matter what exact aspect of life is to be. What matters is the fast and thoughtful way to operate and trusted actions to stick to. These two components are quite tricky to reach, …
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Crypto Analytics Firm Says Speculators Are ‘Moving On’ From Ethereum – Here’s Why
Crypto analytics firm Santiment says that most speculators are moving on from Ethereum (ETH) in search of better alternatives that offer higher return on investment. The blockchain industry data giant says that exchanges are seeing an influx of Ethereum, suggesting that people are selling their holdings in response to the recent marketwide crypto dip and …
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Fraudsters Running Crypto Giveaway Scam Hack Bitcoin Creator’s Website
Bitcoin.org, the oldest cryptocurrency website that was founded by mysterious Bitcoin (BTC) creator Satoshi Nakamoto, is back online after being attacked by malicious actors. A group of unknown hackers managed to run a fake Bitcoin giveaway on the Bitcoin.org website for a brief amount of time. ADVERTISEMENT A Bitcoin address reportedly linked to the …
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All bark and some bite. China’s Bitcoin ban puts traders in the ‘fear’ zone
China bans Bitcoin (BTC), again. No, we’re not traveling back in time. On Sept. 24, the People’s Bank of China (PBoC) published a new set of measures to promote inter-departmental coordination on cracking down on crypto activity. The measures intended to “cut off payment channels, dispose of relevant websites and mobile applications in accordance with …
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Crypto has recovered from China’s FUD over a dozen times in the last 12 years
The price of Bitcoin fell 5% today following “breaking” (read: weeks old) news that the People’s Bank of China, or PBoC, had declared all cryptocurrency transactions illegal. With that in mind, let’s take a nostalgic look at the last 12 years of FUD out of China, and see if we can spot any patterns. China …
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Altcoin roundup: There’s more to DeFi than just providing liquidity
The growth of the decentralized finance (DeFi) sector has been a recurrent headline throughout 2021 and to date, hundreds of billions of dollars in crypto assets are locked on protocols across numerous blockchain networks and earning a yield for their holders. What started off as a simple Ethereum-based swap interface that allowed ERC-20 tokens to …
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Deutsche Bank analyst: Bitcoin will be ‘ultra-volatile,’ but it’s here to stay
Marion Laboure, an analyst at Deutsche Bank’s research division, said she can envision Bitcoin taking the role of digital gold in the future: lasting for centuries and largely not controlled by the government. In an update to Deutsche Bank’s website on “what’s next” for the largest banking institution in Germany, Laboure said she could “potentially …
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Bitcoin Price Prediction: BTC/USD Erases Gain; Drop Below $45,000
Bitcoin Price Prediction – September 24 The Bitcoin price sees a 4.56% price decline over the past few hours as the cryptocurrency fails at $45,200 and heads lower. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $65,000, $67,000, $69,000 Support Levels: $53,000, $51,000, $49,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD loses …
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