A crossover between two Bitcoin (BTC) moving averages that appeared before the 2020 price boom is hinting at making a return in 2021, just as the flagship cryptocurrency eyes a bullish breakout from its current $30,000–$40,000 trading range. The indicators in focus are the MACD Line and Signal Line. MACD is an acronym for Moving …
Author archives: Adam Owen
Coming Cardano Update Could Be Game Changer for Fifth-Largest Crypto Asset: Coin Bureau
A popular market analyst says that he believes Cardano’s forthcoming update could be a game changer for the fifth-largest cryptocurrency by market cap. The pseudonymous head of Coin Bureau, who goes by the simple name “Guy,” tells his 1.2 million YouTube subscribers that he expects the next few weeks to be exciting with several major …
Play-and-earn is the secret to mainstream NFT gaming adoption
Since 2017, dozens of projects have created games that use blockchain and nonfungible token (NFT) technology. The overall vision is inspiring and has attracted a solid base of fans and investors in equal measure. However, the industry is still in its infancy, and we have a long way to go until it achieves mainstream adoption. …
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Bitcoin and Ethereum hit resistance with $42.5K flip needed for BTC longs
Bitcoin (BTC) and Ether (ETH) are due for a “huge” move, but short-term signals suggest a correction, an analyst warned on Friday. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Buy into resistance? “Not interested” Data from Cointelegraph Markets Pro and TradingView showed both BTC/USD and ETH/USD acting near critical range resistance as the week drew to …
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Binance to restrict derivatives trading for Hong Kong users
Stepping up efforts to minimize the inherent risks of trading cryptocurrency, major crypto exchange Binance has announced it would restrict access to derivatives products to Hong Kong users. The official announcement reads: “Users from Hong Kong will have a 90 days’ grace period to close their open positions. During the grace period, no new positions may …
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Digital asset platform Zipmex partners with Visa in Asia Pacific
Asia-Pacific crypto-fiat trading platform Zipmex has forged a strategic partnership with Visa in a bid to improve the convenience of its payment programs and products. The platform’s payment network ZipSend, designed to enable users to spend their crypto, will be integrated into Visa’s worldwide network of 70 million merchants. Following the partnership, Zipmex aims to …
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Chainlink wants to secure ‘billions of dollars’ by solving this crucial cross-chain issue
Developers behind decentralized oracle network Chainlink introduced the new Cross-Chain Interoperability Protocol (CCIP) in a post yesterday, one that targets multichain data communication and transfer of messages. We’re excited to introduce the Cross-Chain Interoperability Protocol (CCIP), an open-source standard for how smart contracts will interoperate across blockchains, for both messages/commands and tokens, allowing the creation …
Over 4,000 ETH burned hours after EIP-1559 upgrade
Over 4,000 ETH burned hours after EIP-1559 upgrade | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Edge › Ethereum › ETH 2.0 The Ethereum network underwent one of its most crucial upgrades last night. And things are going as planned so far. Shaurya Malwa …
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Huobi Stablecoin Issuer Publishes Attestation Reports Tied to HUSD Reserve Backing
The crypto financial services company Huobi and the firm’s stablecoin issuer Stable Universal have published monthly HUSD attestation reports. The audits indicate the funds that back Huobi’s stablecoin are kept in cash in U.S. money market accounts in order to ensure the 1:1 ratio with USD. HUSD Monthly Attestations On Thursday, more than $117 billion …
Demand for Crypto Analytics Continues as Messari Raises $21 Million
The crypto analytics and market intelligence company Messari revealed on Thursday the firm has raised $21 million in a Series A financing round. The funds will be used to expand Messari’s product suites and it aims to “triple the size of its engineering and research teams.” Crypto Market Intelligence Firm Messari Secures $21 Million Digital …
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New Draft Law in Uruguay Could Legalize Crypto as Payment Method
A new draft law introduced to the Senate in Uruguay could regulate cryptocurrency transactions, and also legalize cryptocurrency as an accepted payment method in the country. If approved, the draft proposed by Senator Juan Sartori would also introduce licenses for Virtual Asset Service Providers (VASPs) that would be issued by the government, classifying them into …
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Join The Smart Marketing Token (SMT) and Revolutionize Blockchain Marketing
press release PRESS RELEASE. The fast-paced nature of the blockchain industry means that new crypto projects face the problems of a highly competitive market. This makes marketing a major aspect for projects to have a chance to gain traction within the crypto community. However, existing marketing services are highly centralized, expensive, and skewed towards large …
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Institutional Money Exiting Bitcoin and Ethereum As Crypto Investment Products See Inflows: CoinShares
Institutional investors continue to move their money away from Bitcoin and Ethereum despite the recent boost in the crypto markets, according to the digital asset manager CoinShares. However, institutions are buying multi-asset investment products. While digital asset investment products saw $19.5 million in overall outflows last week, multi-asset investment products had $7.5 million in inflows, CoinShares …
‘Bitcoin fixes this’ — US Infrastructure Bill would add $250B to US debt mountain
The United States tax bill which could hurt Bitcoin (BTC) and crypto holders will “continue the plunder of future generations,” Cameron Winklevoss argues. According to new estimates, the proposed Infrastructure Bill currently under discussion in Washington would pile on an extra quarter of a trillion dollars in debt. Bill may add $256 billion in debt …
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Xiaomi retailer in Portugal now accepts Bitcoin payments
Chinese electronics manufacturer Xiaomi is the latest global company to get involved in the cryptocurrency industry as its official Portuguese shop now accepts Bitcoin (BTC) payments. Mi Store Portugal, the official Xiaomi retailer, announced Wednesday on Facebook that it now allows customers to purchase devices using five cryptocurrencies, including BTC, Ether (ETH), Tether (USDT), Dash …
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