$2 billion worth of Bitcoin (BTC) options will expire on Friday, Aug. 27. Some analysts argue that a strong call (buy) option buying activity on Aug. 22 was likely the catalyst for the recent $50,000 price test. Digital asset trading firm QCP Capital mentioned in its market update that an entity has been “consistently pushing …
Yearly archives: 2021
Ethernity Chain Commemorates OKEx’s ERN Listing With a Lionel Messi Giveaway
August 24, 2021 – Los Angeles, California Ethernity Chain, the blockchain-based platform letting users take advantage of the growing popularity of non-fungible tokens (NFTs), is now expanding its presence to OKEx. There are also giveaways for Messi NFTs and a signed jersey by Lionel Messi himself. OKEx is listing ERN, the native token of Ethernity Chain, …
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Gate.io Launches Comprehensive Cloud Mining Offering
August 24, 2021 – Singapore, Singapore Global digital asset exchange Gate.io has launched a comprehensive cloud mining offering, bringing the benefits of traditional cryptocurrency mining without the massive costs involved with setting up a mining operation. Gate.io recently launched a comprehensive cloud mining offering with packages starting at just $47 for a starter mining contract. …
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Bitcoin ‘Double Bubble’ Could Send BTC Rallying 300%, According to Crypto Trader Lark Davis
Crypto trader Lark Davis says a 2013-style “double bubble” scenario could be the technical pattern that sends Bitcoin on a 300% rally. In a new video, Davis tells his 419,000 subscribers he’s sticking to his presumption that Bitcoin finishes off its bull market in a similar fashion to 2013 where it formed two large peaks …
Number of Cardano millionaires rises by 173% after ADA price hits new highs
Cardano (ADA) addresses with a balance greater than $1 million have surged 173% during the latest ADA price rally. Specifically, the ADA/USD exchange rate gained almost 200% after bottoming out at $1.007 on July 20. The pair reached its record high of $3.02 in the previous session, a move that was followed by a 6.42% price correction …
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Fetch.ai launches NFT platform for AI-generated art
Blockchain artificial intelligence lab Fetch.ai has launched a new NFT marketplace for AI-generated art, giving users the ability to create digital collectibles in a collaborative setting through machine learning technology. The new platform, dubbed Colearn Paint, allows groups of creators to automatically generate and collectively own NFTs designed by a machine learning algorithm. The platform …
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The crypto effect: Trading altcoins at the edge of addiction
Whether working in visual innovation or merely acting as a reporter, I’ve made a career out of diving headfirst into ideas that I know nothing about. The fresher, more complex the puzzle to be solved, the more I dig into it, going from unknown to known. And if I’m lucky, I’m gifted a day-long adrenaline …
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US Kraken exchange targets European license in 2021, says CEO
Major United States-based cryptocurrency exchange Kraken is planning to officially expand into the European market, following in the footsteps of rival exchange Coinbase. Kraken co-founder and CEO Jesse Powell said that his firm is actively working on receiving a European license, targeting several local jurisdictions for a potential regulatory approval already this year. In a Tuesday …
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Ampleforth (AMPL) founder: There is a solution to the decentralized stablecoin dilemma
As the US dollar devaluation becomes a hot topic, CryptoSlate talked to the founder of the “rebasing cryptocurrency” designed to fight the inflation curse. Ampleforth (AMPL) is a protocol running on the Ethereum (ETH) blockchain that incentivizes a network of users to maintain a cryptocurrency with a value that is cycling around $1. Maintaining the …
Binance (BNB) reacts to allegations of market manipulation
Following allegations of market manipulation, the management of the largest digital currency exchange platform by transaction volume, Binance, has announced that the platform has never traded against its users. In the statement, which was released on the official Twitter account of the organization, the management also maintained that it has never manipulated the market and …
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Crypto Adoption: Bitcoin Now Accepted on Digital Platform Powering Popular Voices in Finance
The popular online newsletter platform Substack is now accepting Bitcoin payments for some of its content. OpenNode, a BTC payment processor, is teaming up with Substack to enable the payments, which can happen on-chain and through the Lightning Network. ADVERTISEMENT Substack is backed by crypto-friendly venture capital giant Andreessen Horowitz, with the platform publishing …
Bitcoin rejects $51K after Michael Saylor reveals new BTC purchase — What’s next?
Bitcoin (BTC) is currently facing a crucial resistance to break through after a massive rally of 70% since the recent low in July at $28,000. This resistance is found in the psychological area between $50,000 and $51,000 and can be classified as the final hurdle before a new all-time highs. This correction started when Michael …
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Mark Cuban-backed Alethea AI closes $16M private token sale
Venture funds and other strategic investors have recognized the value proposition of NFT marketplaces. Some of blockchain’s biggest investors are behind the Alethea AI token sale. Nonfungible token protocol Alethea AI has closed a $16 million private token sale to build scalable infrastructure for the NFT market, highlighting once again the growing demand for digital …
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Poll shows Brits concerned over the prospect of a digital pound
In a recent survey, British adults expressed concerns of personal privacy and government interference on the prospect of a government-backed digital currency. The results of a recent survey undertaken by Redfield & Wilton Strategies on behalf of Politico suggest that a plurality of the British adult population hold visceral concerns surrounding a Bank of England …
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Bitcoin returns to classic resistance, but belief in a fresh BTC price pullback is fading
Bitcoin (BTC) stayed tantalizingly close to $50,000 on Tuesday as bulls contended with a classic resistance level. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Too late for “dirt cheap” Bitcoin? Data from Cointelegraph Markets Pro and TradingView showed BTC/USD holding necessary support levels for bullish continuation through Tuesday. The pair had dipped to within the $48,000 …