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Categorie: CryptoPotato

Bitcoin and Stocks: The Model Implying BTC Should Have Hit $25,000

Posted on juli 22, 2020juli 22, 2020 by Blockchain News

Owing to its decade long correlation with the S&P 500 stock market index, Bitcoin stock-to-flow (S2F) model propounder Plan B thinks that BTC should have surpassed it’s previous ATH and hit the…

Binance IEOs Skyrocket 20% As Bitcoin Escaped $9200 (Price Watch)

Posted on juli 22, 2020juli 22, 2020 by Blockchain News

After weeks of sitting in a tight range, Bitcoin finally made a move yesterday and conquered the $9,300 resistance. The majority of large-cap altcoins also followed the upward tick, and, as usual,…

Bitcoin Price Analysis: BTC Is Now Facing Huge Resistance Following $9200 Breakout

Posted on juli 22, 2020juli 22, 2020 by Blockchain News

After June 2020 had won the title for the least volatile month for Bitcoin since October 2019, then came July. So far, this month, Bitcoin had been trading in even a tighter…

Vitalik Buterin: High ETH Transaction Fees Can Compromise Ethereum’s Security

Posted on juli 21, 2020 by Blockchain News

Ethereum co-founder Vitalik Buterin admitted in a tweet that the higher transaction fee on the second-largest blockchain network is opening the door to security risks. However, he said that the fee market…

Chainlink Price Analysis: LINK Marines Hold Strong Support At $7.10 But Can They Push Higher?

Posted on juli 21, 2020 by Blockchain News

Chainlink’s price decreased by 7% overnight. It may resume the uptrend if the previous monthly breakout level can hold as support. LINK/USD: Price Holding Above $7.1 Key Resistance Levels: $7.83, $8.2, $8.9…

Change Of Heart? Russia Might Not Criminalize Bitcoin

Posted on juli 21, 2020 by Blockchain News

Following reports that Russia may introduce new legislation that would essentially criminalize cryptocurrency usage, a recent document revealed that the country is reviewing an updated version of the “Digital Financial Assets” (DFA)…

Ripple Price Analysis: Will XRP Bulls Finally Reclaim $0.20?

Posted on juli 21, 2020 by Blockchain News

XRP saw a nice 1% price hike today as the coin edges back toward $0.20. It has been trying to reclaim $0.2 for the past 10-days but has failed on each attempt….

Ampleforth (AMPL) Adaptive Money: The Next Big Thing in DeFi?

Posted on juli 21, 2020 by Blockchain News

Decentralized finance (DeFi) is all the rage in 2020 as projects in the field continue to explode. The total value locked in lending protocols has skyrocketed throughout the year. And while there…

Another Crypto Project Featured on Samsung Galaxy Smartphones

Posted on juli 21, 2020 by Blockchain News

After adding Stellar to its Samsung Blockchain Keystore, the tech mogul has also featured another cryptocurrency project under its kit. Namely, this is the Decentraland Marketplace application that has already been added…

FINRA Approves Grayscale’s Bitcoin Cash And Litecoin Shares For Public Trading In The US

Posted on juli 21, 2020 by Blockchain News

The leading digital asset management company Grayscale Investments has received approval from FINRA for public quotations for two more of its cryptocurrency products. Consequently, shares of both Grayscale Bitcoin Cash Trust (BCHG)…

UK Government May Get Direct Control Over Cryptocurrency Ads

Posted on juli 21, 2020 by Blockchain News

The UK’s HM Treasury, who acts as the ministry of economy and finance, said it might give the Financial Conduct Authority (FCA) a free hand to monitor advertisements issued by unauthorized firms,…

Ethereum Surpasses Bitcoin For Daily Settlement Value But There’s a Catch

Posted on juli 21, 2020 by Blockchain News

Recent research has indicated that Ethereum has ‘blown past Bitcoin’ in terms of daily settlement value, which is a testament to how much economic activity has increased on the network. Ethereum Beats…

Market Watch: Stagnant Bitcoin Despite Silver and Gold Price Surge

Posted on juli 21, 2020 by Blockchain News

Although the altcoin market remains highly volatile, most price movements in the past 24 hours have been sharp retraces with a few exceptions. Bitcoin, on the other hand, remains stable and hasn’t…

Ethereum Price Analysis: ETH Eyes Huge Move – $200 Or $250?

Posted on juli 20, 2020 by Blockchain News

Ethereum increased by a small 1.62% over the past 24 hours as it reached $238. The cryptocurrency remained above a rising trend line this weekend, which kept the uptrend intact. Against Bitcoin,…

Mastercard Partners with Wirex and Expands Cryptocurrency Program

Posted on juli 20, 2020 by Blockchain News

Because of the increasing interest and growing adoption rates towards digital assets, Mastercard announced the expansion of its cryptocurrency initiative called Accelerate program. UK-based payment processor Wirex has become the first digital…

Bank of Japan Ramps up Research into Central Bank Digital Currency

Posted on juli 20, 2020 by Blockchain News

The CBDC race is about to heat up again with nations across Asia leading the way in crypto research. Japan is the latest to accelerate progress, joining China and Thailand, which are…

Alt-Season 2020 Is Officially Confirmed, Says Binance CEO Changpeng Zhao

Posted on juli 20, 2020 by Blockchain News

Chanpeng Zhao, CEO of the leading cryptocurrency exchange Binance, believes that there’s an ongoing altcoin season in the digital asset market. In a recent interview, he also emphasized on Bitcoin’s increased stability,…

Bitcoin Price Analysis: BTC to $8K Or $10K? That’s the Question Following Zero Volatility

Posted on juli 20, 2020 by Blockchain News

Today, BTC/USD price appears to have reached maximum consolidation between two long-standing trend lines (see daily chart below). Volatility has also continued to diminish further over the weekend, with the Bollinger bandwidth…

Bitcoin Dominance Records 5-Month Low: BTC Begins Another Week In Place

Posted on juli 20, 2020 by Blockchain News

Altcoins continue gaining traction, while Bitcoin remains calm. This decreases BTC’s dominance over the cryptocurrency market down to 62%, which is the lowest point in five months. Altcoin Market Rises To The…

Argentina’s Largest Telecom Reportedly a Victim to Monero (XMR) Ransomware

Posted on juli 20, 2020 by Blockchain News

Several cryptocurrency proponents on Twitter have reported that the largest telecommunications company in Argentina called Telecom has become a victim of a ransomware attack. Despite being unknown so far, the perpetrators have…

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