Altcoins rally higher while Bitcoin bulls target $50,000

Bulls officially made their claim clear today as Bitcoin price rallied 4.18% to $49,163 and captured the attention of investors who’ve been waiting for (BTC) to reclaim the $50,000 mark. The uptick in bullish momentum translated into a wave of green candles from altcoins and the majority of the tokens in the top 200 registered gains. …

Polygon eyes record high as MATIC’s 150% price rally activates textbook bullish pattern

A recent price rally in the market of Polygon’s native MATIC token pushed its prices above $1.56 for the first time in more than two months. The MATIC/USDT exchange rate rose 20.65% in just two days to reclaim its June 17 high. Traders raised their bids for the pair after Polygon announced that it would …

Work hard at playing: How video game job markets may develop 

If you thought remote work was game-changing, wait until video game work gains traction. Blockchain-based NFT games such as Axie Infinity and Splinterlands have demonstrated that a play-to-earn business model has the potential to revolutionize the gaming industry. Pandora’s box has been opened, so to speak, and play-to-earn is here to stay. There are already …

Bitcoin attacks last resistance before $50K with BTC price daily close now crucial

Bitcoin (BTC) climbed to new multi-month highs later on Aug. 20 as an extended rebound took hold of crypto markets. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Daily close “most important” for Bitcoin Data from Cointelegraph Markets Pro and TradingView confirmed that BTC/USD hit its highest level since mid May during Friday After daily gains of …

Bitcoin’s race to $50K heats up as solid institutional backing continues

The crypto market has been surging recently and there’s one cryptocurrency — Bitcoin (BTC) — leading the way. After having suffered through volatility for the better part of the last 60-some days, the flagship crypto has showcased a high level of recovery, even breaking past its 200-day moving average earlier this month, suggesting that a …

What is the best way to Organize Cryptocurrency Trading?

In today’s competitive environment, becoming a successful individual is a difficult task. Cryptocurrency trading is no different. In today’s competitive environment, becoming a successful individual is a difficult task. To make a living, people are straining their abilities to the utmost. To live like a king, you need more than just a good education. You …

Publicly traded Coinbase (COIN) is buying $500 million in crypto

Coinbase › Exchanges The crypto exchange will reinvest 10% of all profits back into cryptocurrencies. Shaurya Malwa · August 20, 2021 at 5:00 pm UTC · 2 min read Publicly traded crypto exchange Coinbase will purchase over $500 million worth of cryptocurrencies as it looks to become a more crypto-centric company, CEO Brian Armstrong revealed …

Binance (BNB) makes KYC mandatory for every service on its platform

In an announcement today, embattled crypto exchange, Binance has emphasized its readiness to be fully compliant with various regulatory measures, as it now requires compulsory Verification for all its users, effective immediately. In the Friday announcement by the exchange, it now becomes a must for all new users to complete Intermediate Verification as it would …

SEC Chairman Says DeFi Projects ‘Have a Lot of Centralization,’ Warns They Won’t Reach Full Potential Outside Regulatory Laws

Chairman of the U.S. Securities and Exchange Commission Gary Gensler is issuing a warning about the potential risks associated with the decentralized finance (DeFi) sector. In an interview with Fox Business, Gensler says that while he and the SEC remain neutral on the innovative technology involved in Bitcoin and DeFi, he is concerned about the …

Crypto Trader Michaël van de Poppe Analyzes Bitcoin and Three Altcoins, Tracks When Alt Season Could Start

Cryptocurrency trader Michaël van de Poppe is analyzing Bitcoin and three altcoins that he says could potentially rally. In the case of Bitcoin (BTC), Van de Poppe tells his 114,000 YouTube subscribers that the flagship cryptocurrency is trading in a range on the lower time frames. ADVERTISEMENT   “Looking at Bitcoin and the lower time …

Clearing the air: Renewably sourced Bitcoin may ensure a clean energy future

Bitcoin (BTC) may be the last thing one might consider when thinking about ways to ensure a clean-energy future. This has especially become the case following a tweet sent by tech entrepreneur Elon Musk back in May, in which he stated that Tesla would stop accepting BTC payments due to the increasing usage of fossil …

Digital intelligence must overcome challenges to solving crypto crimes

While the value of cryptocurrencies has varied wildly in the last year, this has not diminished crypto’s attractiveness to criminals. Many of them are moving their illegal activities underground and outside the view of law enforcement. Because of the public nature of most blockchains, however, this rapid movement shouldn’t be a major concern to law …

Brazil’s central bank president endorses crypto regulation

Speaking at an online event organized by the Council of the Americas, Roberto Campos Neto, president of the Central Bank of Brazil, shared his views on transparent payments networks, the country’s central bank digital currency project and crypto regulation. Campos Neto has been a staunch advocate of the cryptocurrency space since taking office in 2019. His progressive policy-making …

Crypto Adoption: Mark Cuban Selects Next Digital Payment Option for Dallas Mavericks Fans

Dallas Mavericks fans now have a new crypto option to purchase team merchandise with. Supporters of the professional basketball organization can now use Litecoin (LTC) for online store purchases, according to Mark Cuban, the billionaire owner of the franchise. ADVERTISEMENT   Cuban is an outspoken supporter of multiple crypto projects, and his team has been …

Unstable Bitcoin price to pivot investment flow to gold, mining chief says

Jake Klein, CEO of Australian gold mining establishment Evolution Mining, has said that crypto price volatility will make gold a far more attractive proposition. Speaking to CNBC on Thursday, Klein argued that Bitcoin (BTC) is still ways away from offering the longstanding security associated with gold from a hedge investment perspective, despite Bitcoin’s returns outsizing …

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