Coinbase Pro is at the forefront of the crypto app explosion amid the surging popularity of digital asset trading platforms. Compiling a list of the fastest-growing finance apps based on data from intelligence platform Apptopia, Business Insider reveals that Coinbase Pro is second to none in terms of popularity after witnessing a 318.85% increase in downloads …
Monthly archives: September 2021
Bitcoin Now Targeting $100,000, Predicts Veteran Trader Tone Vays – Here’s His Timeline
Veteran trader Tone Vays says Bitcoin is now in the process of targeting $100,000 within the coming months. In a new strategy session, Vays predicts a repeat of Bitcoin’s sizeable rally from late July to early September where BTC surged from $32,000 to $52,000. ADVERTISEMENT Based on his trademark momentum reversal indicator (MRI), the …
US Court Sentences Cryptocurrency Hedge Fund Founder to 7.5 Years in Prison
The founder of two cryptocurrency hedge funds in New York, Stefan Qin, has been sentenced to 7.5 years in prison and three years of supervised release. He is also ordered to forfeit about $55 million. The Department of Justice (DOJ) said that he “engaged in a scheme to steal assets” from his hedge funds and …
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Bitcoin Hashrate Climbs 128% Over 83 Days, Network’s Mystery Miners Disappear
Bitcoin’s hashrate has been climbing higher during the last two weeks, hitting 174 exahash per second (EH/s) on two occasions since June 28. Currently, Bitcoin’s network hashrate is coasting along at 158 EH/s, up 128% since the low 83 days ago when it hit 69 EH/s. Meanwhile, unknown hashrate has subsided a great deal as …
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ADALend: New Wave of DeFi Loans on Cardano
sponsored ADALend is building a scalable and decentralized lending protocol on Cardano, governed by the community. Cardano is the market leader in PoS as a collection of protocols for economic support to billions of people. Over the last decade, the decentralized Finance (DeFi) space has been forced to evolve to keep pace with the development …
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Ukraine Officials Fail to Account for Millions in Declared Crypto Assets
Personal asset declarations filed by politicians and government officials in Ukraine have indicated that many have made significant investments in cryptocurrency. However, some of them have been unable to prove ownership or account for their digital holdings, local media reported. Lawmaker Loses Over 40 BTC With Stolen Vehicle in Ukraine Dmitry Gurin, a member of …
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Cardano’s ‘Hydra’ Upgrade Aims To Supercharge Blockchain Scalability, Powering Enterprise Use Cases and DeFi
Input Output Hong Kong (IOHK) says it’s developing a layer-2 upgrade for Cardano’s blockchain after the crypto’s mainnet was updated last week. Cardano founder Charles Hoskinson tells his 690,000 followers that a new venture called “Hydra” is in development on the new Alonzo hard fork to improve aspects of scalability and storage. ADVERTISEMENT David …
BTC price falls back to $47K as weekly close neatly tracks Bitcoin futures gap
Bitcoin (BTC) retested $47,000 on Sept. 19 as the weekly close looked set to hinge on the CME futures gap. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin comes full circle after erasing gains Data from Cointelegraph Markets Pro and TradingView showed mixed signals from BTC/USD as the week drew to a close. Saturday had seen …
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Polkadot, Avalanche, and Two Additional Altcoins Are the Top Crypto Assets To Watch, Says Trader Jason Pizzino
Crypto strategist and trader Jason Pizzino says he’s keeping a close watch on Polkadot (DOT), Avalanche (AVAX) and two more crypto assets as the altcoin markets continue to flash signs of strength. In a new strategy session, Pizzino tells his 210,000 YouTube subscribers that he expects interoperable blockchain Polkadot to continue surging to around $50 …
Ethereum killers or just pretenders? But Ether remains king for now
The term “Ethereum killer” is beginning to pick up the pace once again in the cryptocurrency markets as the native tokens of several competing blockchain networks are posting significant gains during September. For any alternative network to be considered as a part of this category, it needs to have one essential feature that serves as …
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Scaramucci raises $100 million to invest in Algorand (ALGO) fund
Algorand (ALGO) is all set to get institutional custodian support via Copper Copper, a crypto custodian firm, has revealed that it will now be offering support to ALGO, the token of Algorand blockchain, and its other product, better known as Algorand Standard Assets (ASAs). 2 min read → Go to Source
Directors of Collapsed South African Crypto Investment Firm to Testify via Virtual Platform
Ameer and Raees Cajee, the two directors of the South African crypto-investment platform, Africrypt, are set to participate in an inquest that seeks to seal the fate of the collapsed firm. The Death Threats According to an Itweb report, the Cajee brothers — who have agreed to testify on October 19 and 20 — will …
Bank of Russia to ‘Slow Down’ Payments to Crypto Exchanges, Curb Russians’ Impulsive Investments
Central Bank of Russia is now working with commercial banks in order to delay payments made to digital asset exchanges. The move aims to limit “emotional” cryptocurrency purchases made by “unqualified” Russian investors, a CBR official revealed. The move is likely to affect peer-to-peer and over-the-counter trading platforms. Central Bank of Russia Skeptical of Cryptocurrency …
Start of New BTC Bull Trend? Crypto Trader Lark Davis Says Bitcoin Just Confirmed Rare Bullish Signal
Crypto trader and YouTube influencer Lark Davis says Bitcoin (BTC) just confirmed a massive bullish signal. In a new video, Davis tells his 432,000 YouTube subscribers that Bitcoin just flashed “golden cross,” a technical event seen by many traders as a sign for rallies to come. ADVERTISEMENT “It’s happened. It’s official. It is confirmed. …
Wormhole Network Launches Ethereum Solana Bridge, Solana AMM Saber Surpasses $4 Billion TVL
On September 17, 2021, Solana protocol fans were introduced to the launch of the Wormhole Network’s ethereum – solana bridge, which means assets between each chain can be intermingled. The launch announcement notes that Saber, the Solana-fueled protocol with more than $4 billion total-value locked (TVL), will support migration from Wormhole V1 to V2. Wormhole …