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Bitcoin
First Mover: Federal Reserve Does What It Wants to Do as Bitcoin Hits $11K
Sep 17, 2020 at 13:08 UTCUpdated Sep 17, 2020 at 13:40 UTC
Federal Reserve Chair Jerome Powell dons reading glasses prior to Wednesday’s press conference. (Federal Reserve, modified by CoinDesk)
First Mover: Federal…
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Decentralized Trading Platform Grows 230% in 2 Days As Paxful Left Venezuela
The loss of some is the gain of others, especially the crypto-verse. On September 14, 2020, Paxful announced that it was closing its operations in Venezuela because the OFAC sanctions made it very risky for them to provide their services to…
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Say Hello to the Singularity
The current blockchain world is so full of crazy ups and downs, it’s easy to become so focused on the short term that one loses track of the big picture. But it’s important to fight this tendency – because the big picture is awfully…
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Bullish for Bitcoin? Twitter Sentiment and BTC Deposits on Exchanges Dropping
Social mentions about bitcoin have touched an all-time low on Twitter. Also, BTC deposits on major cryptocurrency exchanges are dropping steadily and are at their lowest levels since November 2018. Will these two developments push bitcoin…
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Price of Tomorrow Author Jeff Booth Calls Bitcoin A ‘Must’ And A ‘Lifeboat’
Prominent entrepreneur and Price of Tomorrow author Jeff Booth is among the latest popular individuals to publicly endorse Bitcoin. In a recent Twitter post, he called the primary cryptocurrency a lifeboat and a “must” during economic…
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A Spain Based Crypto Ponzi Scheme Abruptly Freezes Accounts of 120,000 Investors
A Spain based crypto Ponzi scheme, Arbicorp abruptly froze accounts of more 120,000 investors on September 12, after the discovery of an error that causes one of its cryptocurrency trading bots to overpay. Arbicorp claims that the error,…
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Over 15% of ETH Supply Locked in Smart Contracts, BTC Dominance Declining
The rapid growth of decentralized finance (defi) protocols is contributing to the increasing proportion of ETH supply that is now locked in smart contracts. More than 15% of the total ETH supply is now locked, compared to 11.5% from a year…
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One Crypto Asset Is Sleeping Giant As Bitcoin Prepares for Next Bull Run, According to Head of DTC…
Spencer Noon, head of investments at DTC Capital, says a number of metrics indicate a DeFi asset is one of the most undervalued in all of crypto.Noon notes that the Aave protocol is currently logging its all-time highs in terms of…
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Price analysis 9/16: BTC, ETH, XRP, DOT, BCH, BNB, LINK, CRO, LTC, BSV
Bitcoin and a few altcoins have broken above key resistance levels, which suggests that the bulls are attempting to take control of the market. This week MicroStrategy, a Nasdaq-listed company, announced that it had added 16,796 Bitcoin…
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Bitcoin will continue appreciating, although at a slower pace than in the past, Bloomberg analyst…
According to senior commodity strategist at Bloomberrg Mike McGlone, Bitcoin’s limited supply and increasing adoption will lead to steady, although gradual, appreciation. Mike McGlone, Senior Commodity Strategist at Bloomberg, is convinced…
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