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Vitalik Buterin Leads By Example, Stakes USD 1m in Ethereum + More News
6.11.2020
Vitalik Buterin. Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Ethereum news
Ethereum (ETH) co-founder Vitalik Buterin has sent ETH 3,200, currently worth USD 1.2m, to the recently launched...
Bitcoin Moves Towards USD 16,000, Altcoins Pick Up Pace
6.11.2020
Bitcoin bulls gained strength after there was a clear break above the USD 15,000 resistance. As a result, BTC gained over 10% and it surged above USD 15,500. The price traded to a new multi-month high close to USD 15,950 and it is currently (06:00 UTC) correcting gains below USD 15,750.
After...
Bitcoin’s Market Cap Is More Valuable Than the IMF’s Special Drawing Rights Reserves
6.11.2020
At its current price per unit, the decentralized cryptocurrency Bitcoin’s market valuation has surpassed the overall value of the International Monetary Fund’s (IMF) Special Drawing Rights market (SDR $281 billion). Since the massive global market rout on March 12, bitcoin has risen...
Bitcoin Is Back Above USD 15,000 For The First Time Since January 2018
5.11.2020
It took around a day for the most popular cryptocurrency, bitcoin (BTC), to jump from USD 14,000 to above USD 15,000 for the first time since January 2018.
At pixel time (16:03 UTC), BTC trades at USD 15,042 and is up by 8% in a day and 12% in a week. BTC rallied by 40% in a month and 60% in...
Bitcoin Inches Closer To USD 15,000, Analysts Eye Higher Levels
5.11.2020
After surpassing USD 14,000 yesterday, bitcoin (BTC) jumped above USD 14,800 today, reaching another almost three-year high, while analysts expect even a stronger rally.
At pixel time (12:50 PM UTC), BTC trades at USD 14,871 and is up by almost 8% in a day and 13.5% in a week. The most popular...
Bitcoin Above USD 14K While Prediction Markets Wave Goodbye To Trump
4.11.2020
Donald Trump. Source: a screenshot, Instagram/realdonaldtrump
The most popular cryptocurrency, bitcoin (BTC), jumped above USD 14,000 for the second time in a day, reaching almost three-year highs, while crypto prediction markets increasingly favor the Democratic candidate, Joe Biden, over...
Nearly USD 1B In Bitcoin, Possibly From Silk Road, Moved
4.11.2020
Nearly USD 1 billion in bitcoin (BTC) believed to be from the infamous Silk Road darknet market moved today, for the first time in five years, claimed blockchain tracker Elliptic.
According to their report, BTC 69,369 - currently (8:16 UTC) worth USD 945.4m - has been moved out of the bitcoin...
China’s digital yuan is ‘a long way’ from beating USD says financial firm exec
3.11.2020
Sounds like its CBDC is unlikely to dethrone the United States dollar as the world’s reserve currency anytime soon
Bitcoin Price Flirts With USD 14,000 On 12th Whitepaper Anniversary
31.10.2020
Bitcoin price has briefly broken USD 14,000 resistance and spiked up to USD 14,100 on some of the major exchanges, including Coinbase, Bitstamp, Binance, and Gemini on Saturday morning (UTC time) before correcting below USD 13,600.
However, at pixel time (13:37 UTC), BTC trades at USD 13,821 and...
Crypto Lending Boom, JustLink vs. Chainlink, USD 1m DeFi Bounty + More News
30.10.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crypto adoption news
Full-service crypto prime broker Genesis said that its lending business added over USD 5.2bn in new originations in...
Bitcoin Consolidates Above USD 13.2K, Ethereum, Altcoins Extend Losses
30.10.2020
After a strong upward move towards USD 13,700, bitcoin price failed to continue higher. BTC corrected lower and traded below the USD 13,500 support level. The price is currently (13:00 UTC) consolidating above the USD 13,200 support and seems to be preparing for the next move.
Conversely, there...
Bitcoin Holds Ground Above USD 13,000, Altcoins Still Struggle
30.10.2020
After a major downside correction, bitcoin price formed a support base above the USD 13,000 support. BTC started a fresh increase and climbed back sharply above USD 13,500. The price is currently (05:00 UTC) trading above USD 13,350 and it might continue higher above USD 13,500 and...
Bitcoin Stays Above USD 13,000, Altcoins Take Hit
29.10.2020
After trading towards the USD 13,850 level, bitcoin price struggled to continue higher. BTC started a corrective decrease and traded below the key USD 13,500 support. The price declined 5%, but it is currently (05:00 UTC) trading well above the USD 13,000 support.
Conversely, there was a strong...
Bitwise Hits USD 100m, SBI to Launch XRP, Bitcoin, and Ether Fund + More News
28.10.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crypto adoption news
Bitwise Asset Management, a provider of cryptoasset index funds to professional investors, said that it recently surpassed...
Bitcoin Inches Closer To USD 14,000, Altcoins Trying To Catch Up
28.10.2020
In the past three sessions, there was a steady rise in bitcoin price above the USD 13,500 resistance. BTC even broke the USD 13,750 resistance and traded to a new monthly high. The price is currently (05:00 UTC) consolidating gains and it might even attempt a break above the USD 14,000...
Bitcoin Resumes Rally Above USD 13,400, Altcoins Gaining Traction
27.10.2020
Bitcoin price remained well bid above the USD 13,000 pivot level and started a fresh increase. BTC broke the USD 13,300 resistance and traded to a new monthly high above USD 13,450. It is currently (13:00 UTC) consolidating gains and it might continue higher.
Also, there was a strong recovery...
Bitcoin Regains USD 13,000, Ethereum, Major Altcoins Correct Lower
27.10.2020
After a short-term downside correction, bitcoin price found support above USD 12,750. BTC started a fresh increase and it is currently (05:00 UTC) trading above USD 13,000. However, the price must settle above USD 13,200 and USD 13,250 to continue higher in the near term.
Conversely, there was...
Harvest Finance Attacked, Reportedly USD 24M Lost, FARM Down 50%
26.10.2020
Source: Twitter/@harvest_finance
Another decentralized finance (DeFi) project, Harvest Finance, has suffered a flashloan attack that lasted for seven minutes, with reportedly at least USD 24m exploited.
The DeFi side of the Cryptoverse has been on high alert in the last six hours, with many...
Weekly P2P Volume Up USD 64M in 5 Years, Fuelled by Gift Card Purchases
23.10.2020
Global peer-to-peer (P2P) crypto trading volume has seen huge developments in the past five years, growing by more than USD 60m, with a significant driver being Paxful exchange, whose users are keen on using gift cards as the preferred payment solution on the platform, states the latest research...
Bitcoin and Altcoins Surging, Ethereum Jumps Above USD 400
22.10.2020
Bitcoin price corrected from the USD 13,250 zone, but it remained well bid above the USD 12,650 level. BTC is currently rising (13:00 UTC) and it might continue to rise above USD 13,000 and USD 13,100. The main hurdle on the upside is near USD 13,250, followed by USD 13,400.
After bitcoin rally...