Institutional inflows to altcoin investment products have continued to increase this past week, but the same cannot be said for Bitcoin. In its Digital Asset Fund Flows Weekly report on Aug. 30, institutional asset manager CoinShares identified overall inflows of $24 million to altcoin-based investment products. The capital flows mark the second consecutive week of …
Continue reading “Institutions remain bullish on Cardano and Ether while BTC outflows persist”
Customers of leading U.S. crypto exchange Coinbase have spent the weekend panicking after the exchange mistakenly sent emails to users stating their two-factor authentication (2FA) settings had been changed. On Aug. 27, Coinbase accidentally sent the email to 125,000 of its customers, resulting in widespread public backlash. Coinbase took to Twitter on Aug. 29 to …
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Bitcoin (BTC), the world’s largest cryptocurrency, is getting adopted as a legal tender in El Salvador in eight days but as the Central American country goes through its final days of preparation, being eagerly observed by other countries, some of which are considering to follow in its footsteps, the International Monetary Fund (IMF) refreshes its …
Continue reading “IMF releases Bitcoin (BTC) ‘risk’ warning… again”
Just when you thought NFTs had died a death, a revival in Bitcoin has coincided with non-fungibles also coming back to life. This is all the more evident considering the buoyancy of major NFT collections of late, especially the CryptoPunks range. As reported by Tech Crunch, data from NFT industry aggregator CryptoSlam shows CryptoPunks’ lifetime …
Continue reading “NFTs go wild as CryptoPunks hits $1 billion in lifetime sales”
81 years ago on August 31, 1939, the company Marvel Comics was introduced to the world for the first time and people were presented with a whole universe of superheroes. In celebration of Marvel’s birthday and the firm’s collaboration with Veve Digital Collectibles, “Marvel Month” will conclude with special edition Captain America non-fungible token (NFT) …
Venture capitalist Bill Gurley has taken a personal position in ether because he “was swayed by the arguments of the ethereum crowd.” He explained that it is “the smarter way to play if you’re going to have crypto exposure.” Bill Gurley Prefers Ethereum to Bitcoin Bill Gurley, a general partner at Benchmark, a Silicon Valley …
Billionaire hedge fund manager John Paulson, famed for making a fortune betting against the U.S. housing market, says that cryptocurrencies are a bubble that will prove to be “worthless.” While he sees unlimited downside to crypto, he will not short bitcoin, however. “Even though I could be right over the long term, in the short …
“Hold On for Dear Life”. Yes, that is the name of the first-ever television series which is completely based on the cryptocurrency phenomenon. The new TV series will be produced by Rob Weiss, who previously had also produced the popular HBO TV Series named Entourage. The television series will be actually focussed on the recent …
Play-to-earn game Axie Infinity (AXS) has generated $800 million in revenue in a single month, highlighting the surging popularity of games based on non-fungible tokens (NFTs). The online game developed by Sky Mavis allows players to generate profits through buying, breeding and selling digital pets known as Axies. Each time an Axie is purchased, the …
Continue reading “Crypto Phenomenon Axie Infinity Records $800,000,000 in Revenue in Just 30 Days”
Venezuelan authorities are on the lookout for a scammer accused of disappearing with 23.66 Bitcoin (BTC) worth $1.15 million from his clients’ accounts after faking his own kidnapping. On Aug. 29th, Douglas Rico, director of Venezuela’s Scientific, Criminal and Criminal Investigations Corps (CICPC) issued a statement asserting that 23-year-old, Andrés Jesús Dos Santos Hernández, was …
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This report updates on what 0xB10C, . Userspace, statically defined tracing support for Bitcoin Core was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.
“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 …
Continue reading “Billionaire Who Predicted 2008 Housing Crash Says Bitcoin Is “Worthless””
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 …
Continue reading “Bitcoin Mempool Shows Low Demand?, Why Bears Could Stage A Comeback”
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 …
Continue reading “Cream Finance Loses $25 Million To A Flash Loan Attack”
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 …
Continue reading “Why Bitcoin Dominance Could Submit To Altcoin Season Several Months Longer”
