While the price of bitcoin has been surging exponentially so far this year and the cryptocurrency is now trading at a new all-time high above $39,300, an indicator suggests that its price is not overvalued and could be ready for another “explosive move upwards.” According to the latest weekly report Read more…
Amberdata, a cryptocurrency and blockchain data platform, today announced the launch of real-time and historical market data from FTX, Binance, BitMEX, Huobi, and more on its API suite. By unifying blockchain-network, cryptocurrency spot, and derivatives market data (including metrics and reference rates) Amberdata accelerates time to market while reducing the Read more…
Blockchain research and development company IOHK has announced the launch of a $500K fund, the next stage in ‘Project Catalyst’, part of the rollout of the Voltaire element of the Cardano roadmap. In ‘Fund 3’ community members can submit proposals for the future development of the Cardano blockchain and decide, Read more…
Calin Culianu is the #1 contributor to the Electron Cash project. Also, he contributes to BCHN, and has created the Fulcrum server. Definitely a Bitcoin Cash hero in my book. I picked his brain a bit about all things Bitcoin Cash, and got some juicy answers. Calin likes to talk, Read more…
December ended 2020 with the highest adjusted on-chain volume for stablecoins, according to data compiled by The Block. The total stablecoin volume for December was $178.34 billion, which is a 20.8% increase from the previous month. December was also $18.16 billion (11.3%) greater than the former high in September 2020. Read more…
Quick Take On the back of bitcoin’s recent price run, interest in trading DeFi tokens are near lows on multiple exchanges DeFi tokens as a share of total trading volume on Binance have dropped from 18% in September to just 5% The Block examines other exchanges including Coinbase and Kraken Read more…
The summer’s buzz around yield farming may have tapered off as assets like Bitcoin and Ethereum have moved into the spotlight, but DeFi protocols are still hard at work distributing their governance tokens and rewarding DeFi users in the process. 1inch is a popular decentralized exchange aggregator that helps users Read more…
Ripple CEO Brad Garlinghouse says his firm tried to settle with the SEC before the regulator sued on unregistered securities sale allegations. Source Author: Nikhilesh De
A heap of XRP is heading to Coinbase as Bitcoin traders rotate nearly half a billion dollars worth of BTC. According to the on-chain crypto tracker Whale Alert, a large XRP holder just sent $199,999,980 XRP from an unknown wallet to crypto exchange Coinbase. According to Bithomp, the whale originally Read more…
It has been the talk of the crypto world in recent weeks: the United States Treasury’s Financial Crimes Enforcement Network (FinCEN) wants to force cryptocurrency exchanges to record and even report certain transactions. Now, it appears that a lot more feedback and concern about the proposed rule has been delivered Read more…
Singapore has announced plans to regulate all cryptocurrency activity from here on out. Singapore to Oversee All Crypto Businesses The Monetary Authority of Singapore (MAS) has issued new guidance on crypto usage and states that all companies that engage in crypto transactions or offer crypto trading and custody services will Read more…
Bitcoin has seen some wild price action today, setting new all-time highs before facing a 10% pullback that took place over the span of a few minutes This pullback was short-lived and has mostly been erased in the time since This type of volatility is to be expected in bull Read more…
Ripple CEO Brad Garlinghouse says the firm tried to settle with the Securities and Exchange Commission (SEC) and plans to continue settlement discussions into the new administration. In threads of tweets on Thursday, the CEO and his general counsel Stuart Alderoty addressed questions surrounding the SEC’s unregistered securities lawsuit filed against the firm Read more…
Fund Manager and founder of Miller Value Partners, Bill Miller says holding bitcoin is better than holding cash because the digital asset is immune to the bad policies of the U.S. Federal Reserve. Writing in the 2020 Q4 Market Letter, Miller explains that some companies are already converting to bitcoin Read more…
While Bitcoin’s price nosedived by 17% on Monday, at press time, it had recovered considerably, with the cryptocurrency noting gains of 10.82% in a single 24-hour window. These statistics are not enough, however, considering Bitcoiners’ activity on exchanges – their buying and selling patterns, their compulsions, and their withdrawal capacity. Read more…
Coinbase, Binance, Kraken, and Gemini—four of the world’s most prominent cryptocurrency exchanges—experienced technical issues on Thursday after the price of Bitcoin shot past $40,000. Coinbase appears to be the hardest hit; the site’s page on isitdownrightnow.com is currently flooded with comments from users who say they can’t access the service. Read more…
As Bitcoin smashed through $40,000 today, this led to unprecedented traffic that crippled the exchanges’ servers. Source Author: Aziz Abdel-Qader
Dfinity, a startup that has been building the ‘Internet Computer’, launched its Mainnet quietly on Dec. 18 according to a blog post update from the company’s founder Dominic Williams. The firm which was valued at around $10 billion last year enjoys the backing of heavyweight VCs such as Polychain Capital Read more…
Lending startup SoFi is reportedly going public via a deal that would value it at more than $6 billion, per a report from Reuters. The outlet said that, citing sources, the deal is not finalized and “the talks could still collapse and the terms could be changed.” A potential announcement Read more…
The Ethereum Network recently saw the official launch of the Beacon Chain, which is a stepping stone to the long-awaited Ethereum 2.0 upgrade, aiming to improve network speed, efficiency, and scalability. It’s a move by the Ethereum foundation to abandon the Proof of Work (PoW) consensus algorithm for the energy-efficient Read more…
A new malware, dubbed ElectroRAT has been discovered by cybersecurity researchers at Intezer Labs; the remote access Trojan (RAT) targets crypto wallet users and has been operational for the past year according to the report published on Jan 5. With crypto prices on a bullish trend, the market continues to Read more…
According to Ripple CEO Brad Garlinghouse, his firm has tried to settle with the Securities and Exchange Commission, to no avail. In December, the SEC filed a $1.3 billion lawsuit against Ripple, Garlinghouse, and co-founder Chris Larsen for their alleged role in selling XRP. In a press release, the SEC Read more…
Bitcoin exceeded $40,000 today. Will it reach $100,000 in the coming years? Source Author: Charles Bovaird, Senior Contributor
The U.K Financial Conduct Authority (FCA) law prohibiting the sale of crypto derivatives products to retail investors comes into effect today. The law has raised divided opinions across the crypto players claiming the law will send retail investors to unregulated exchanges. In October 2020, the FCA introduced a new set Read more…
The Office of the Comptroller of the Currency (OCC) has published a new letter stating that banks are now permitted to utilize stable coins to perform what the letter refers to as “bank-permissible functions” including, but not limited to, payment activities. Stable Coins Are Headed for the Top In other Read more…
Crypto enthusiasts expected Bitcoin to pick up momentum in 2020 thanks to the asset’s block reward halving mechanism. At best, investors anticipated a repeat of the 2017 rally, but the law of diminishing returns made such a scenario an unlikely reality. But instead, the current uptrend is now the second Read more…
Bulls have taken full control of Bitcoin’s price action, sending the cryptocurrency rocketing up to $40,000 this morning before it faced some resistance It has since retraced slightly but is still looking strong and could be positioned to rally higher in the near-term Each retrace seems to be providing it Read more…
Bitcoin price has been skyrocketed in the past two months. After consolidating at $10,000 for several months, the largest cryptocurrency by market cap rushed to smash a dozen […] Source Author: Jonathan Gibson
If you want to know which is the cheapest way to buy Bitcoin, then you are in the right place. As the market expanded to new all-time highs […] Source Author: Carlos Terenzi
South Korea has been working towards a suitable tax system for crypto trades and profits for a while now, with different proposals and deadlines. However, after much deliberation, the government has now put forth a viable tax plan for crypto gains. Pay the Tax Man Asia Today reported this week that the Read more…