In the last 29 days, Bitcoin (BTC) has been ranging from $31,000 to $36,000 as the impact of the recent China ban and a $1.4 billion Grayscale GBTC share unlocking continue to pressure markets. China’s government implemented a series of measures to curb cryptocurrency mining and trading by ordering the immediate shut down of some …
Continue reading “Here’s one way to trade Bitcoin even as BTC price teeters over an abyss”
The popular crypto trader and host of Coin Bureau is outlining why he thinks Ethereum (ETH) has a chance to reach a larger market capitalization than Bitcoin (BTC). In a new video, the pseudonymous analyst known as Guy tells his 1.17 million subscribers that the decentralized finance (DeFi) space has the potential to attract a …
Continue reading “This Is Why Ethereum Could Flip Bitcoin, According to Coin Bureau”
If one word could be used to describe how the majority of participants in the cryptocurrency ecosystem feel about the near-term outlook for Bitcoin (BTC) it would be ‘undecided’, as mixed signals from all manner of indicators have many traders waiting for a significant move in either direction before planning their next entry point. A …
Continue reading “Historically low spot volumes and investor indecision weigh on Bitcoin price”
Street performers, or buskers, are leaning more toward digital platforms these days compared to the old method of accepting loose change. A report recently published by economists at RMIT University in Melbourne, Australia has found that in certain areas, buskers get more donations via digital payment methods like Paypal and bitcoin from people passing by, …
Continue reading “Busking for Bitcoin: Report Finds Street Performers Depend on Digital Payments”
Cryptocurrency exchange Binance has announced it will no longer support the trading of stock tokens. The decision comes against the backdrop of an ongoing regulatory crackdown, with Hong Kong becoming the latest to declare that the platform is not licensed to provide such services in its jurisdiction. Stock Tokens No Longer Available for Purchase on …
The infamous meme-based crypto asset dogecoin has had an incredible 12 months, rising more than 5,578% against the U.S. dollar. Dogecoin also ignited significant demand for a number of canine-themed cryptocurrencies this year as billions of dollars have funneled into these meme-coin economies. However, in recent times the original dogecoin has faltered, and over the …
Continue reading “Dogecoin’s Downward Slide: 2-Month Stats Show Meme-Based Crypto Is Down 76%”
Cryptocurrency exchange Binance says it is ending support for stock tokens on its main trading platform. Binance says that by halting stock token purchases immediately, it can shift its focus to “other product offerings.” ADVERTISEMENT “Today, we are announcing that we will be winding down support for stock tokens on Binance.com to shift our …
Cardano overtakes Bitcoin as the most held crypto on eToro in Q2 Dogecoin rockets in popularity, becoming the fifth most held crypto Tron was the biggest mover in Q1 Retail investors are increasingly confident about the potential of cryptoassets, despite this quarter’s market correction, with new eToro data revealing increases in the numbers of crytoassets …
Continue reading “Smaller Cryptoassets in Demand As eToro Investors Seek Diversification”
Bank of America is reportedly taking a big first step into the crypto markets. The second-largest bank in the US has launched Bitcoin (BTC) futures trading for a select group of clients, according to a report from CoinDesk. ADVERTISEMENT Anonymous sources “with knowledge of the matter” say a small number of clients are already …
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week New data hints why Bitcoin price action has spent two …
Binance USD (BUSD) is now ranked 10th on Coinmarketcap Binance USD’s market cap has exceeded $11 Billion There are now three stablecoins in the top 10 rankings according to market cap The use of Binance USD in DeFi is gaining popularity The Binance USD (BUSD) stablecoin is now a top 10 digital asset on Coinmarketcap. …
Continue reading “Binance USD (BUSD) Becomes a Top 10 Crypto, Market Cap Exceeds $11B”
Mark Mobius, renowned emerging markets investor and co-founder of Mobius Capital Partners, believes upcoming actions from the Federal Reserve could drag down the cryptocurrency market. ADVERTISEMENT In an interview with Kitco News, Mobius says he expects financial markets, particularly cryptocurrencies such as Bitcoin and Ethereum, to drop if the Federal Reserve decides to rapidly …
Aave founder Stani Kulechov told his 90,000 Twitter followers on Saturday that his platform should build “Twitter on Ethereum” after Jack Dorsey said he was developing a new Bitcoin (BTC)-centric financial services platform with striking similarities to Aave. Since @jack is going to build Aave on Bitcoin, Aave should build Twitter on Ethereum — stani.eth …
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A vulnerability of a smart contract in one private DAO fund firstly to the leak of cryptocurrency worth tens of millions of dollars (billions as of today) and then to the hard fork of the second-largest blockchain network Ethereum. You can find tons of articles investigating those events, including a wiki page. Even though the …
Continue reading “Takeaways: 5 years after The DAO crisis and Ethereum hard fork”
Bitcoin (BTC) bears should watch out for a potential blow as the number of margined short positions on the Bitfinex exchange crashes by roughly 25%. The dataset dropped to 11,066 BTC as of 12:20 GMT Saturday, compared to 14,897 BTC at the session’s open. Meanwhile, the drop came as a part of a bigger downside …
