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Price analysis 8/20: BTC, ETH, ADA, BNB, XRP, DOGE, DOT, SOL, UNI, BCH
20.8.2021
Bitcoin has resumed its move toward $50,000 and this is likely to send altcoin prices higher
Altcoins rally higher while Bitcoin bulls target $50,000
20.8.2021
SYS, SWAP and PRQ lead altcoins higher while Bitcoin bulls place their focus on the $50,000 mark
Binance Tightening KYC Procedure, The Screaming Sheep NFT + More News
20.8.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
Crypto exchange Binance has announced they have tightened the customer verification requirements on their platforms, as they extend...
Bitcoin attacks last resistance before $50K with BTC price daily close now crucial
20.8.2021
What happens at the end of the day will determine the extent of Bitcoin's breakout and what might lie ahead, analysts say
Bitcoin's race to $50K heats up as solid institutional backing continues
20.8.2021
Bitcoin’s recent “golden cross” pattern formation was previously witnessed when BTC’s value surged on two occasions in 2020
Insurance on Crypto Exchanges Inches Up, KYC Still Weak - Report
20.8.2021
Cryptocurrency exchanges are showing an increase in their tendency to insure clients’ assets, both formally and in informal ways through insurance funds, a new report finds. On the other hand, know-your-customer (KYC) stringency is still weak on many exchanges, with around a third having poor...
Clearing the air: Renewably sourced Bitcoin may ensure a clean energy future
20.8.2021
Crypto mining companies leveraging renewables may also have a much larger impact on clean energy for the environment
Brazil’s central bank president endorses crypto regulation
20.8.2021
Central bank head Roberto Campos Neto recognized the demand for greater crypto regulation as the country evolves in the market
Bitcoin and Ethereum Hold Gains, ADA, XRP and DOT Surge
20.8.2021
Bitcoin price formed a base above USD 44,000 and started a fresh increase. BTC is back above USD 47,000 and it is currently (11:45 UTC) consolidating gains. To continue higher, the price must gain momentum above the USD 48,000 resistance.
Besides, most major altcoins are showing positive signs....
Unstable Bitcoin price to pivot investment flow to gold, mining chief says
20.8.2021
Evolution Mining’s executive chairman said gold and Bitcoin could coexist, but the latter is not yet mature enough to deliver the established safe haven assurance of the latter
Swedish gov't pays out $1.5M in Bitcoin to convicted drug dealer
20.8.2021
The Swedish prosecutor had argued in court that the man should be stripped of his illicitly-earned Bitcoin at the equivalent value in fiat currency at the time of his conviction
Australian Police Makes Record Crypto Seizure With Dark Web Drug Bust
20.8.2021
Australia’s Victoria Police have collected close to AUD 8.5m (USD 6m) worth of cryptocurrency in its recent clampdown on dark web drug trafficking. The bust, which targeted a number of properties in the country’s south-eastern state of Victoria, is said to be Australia’s biggest crypto seizure...
Bitcoin price returns above $47K as crypto market shrugs off Binance KYC news
20.8.2021
Neither Bitcoin nor altcoins are in any mood for cold feet on Friday, with gains in some of the top 10 cryptocurrencies topping 10%
Cardano defies Peter Brandt's 90% crash warning, ADA price doubles to new high
20.8.2021
Bitcoin and Ethereum's upside exhaustion, Cardano's smart contract FOMO, and an overall boom in the altcoin market catalyzed ADA's gains
Wells Fargo files for Bitcoin fund
20.8.2021
Wells Fargo is offering its wealthy clients indirect exposure to Bitcoin through a new fund issued in partnership with NYDIG and FS Investments
Coinbase Plans to Spend More of its Cash on Crypto After USD 500M Buy
20.8.2021
Source: AdobeStock / photo_gonzo
The crypto exchange giant Coinbase has stated that it wants to spend even more of its profits on buying cryptoassets – but has admitted that its plans will hinge on the sector’s growth prospects.
The company and its CEO Brian Armstrong were speaking after Coinbase...
Bitcoin and Ethereum Recover Losses, Cardano Rallies 15%
20.8.2021
Bitcoin price extended its decline, but the bulls were active near the USD 44,000 level. As a result, BTC started a fresh increase above the USD 45,500 and USD 46,500 resistance levels. It is currently (04:00 UTC) trading above USD 47,000 and it could even test USD 48,000.
Similarly, most major...
BlackRock ETFs hold $384 million of shares in Bitcoin mining firms
20.8.2021
SEC filings reveal that BlackRock has invested almost $400 million into Riot Blockchain and Marathon Digital Holdings stock
Coinbase announces $500M crypto buying spree, pledges to invest 10% of future profits into digital assets
20.8.2021
CEO Brian Armstrong expects the percentage of profits spent on cryptos to grow over time
Bitcoin's Battles: Volatility to 'Drive Investors to Gold', Ethereum to 'Dethrone' It
20.8.2021
Bitcoin (BTC) volatility could drive investors back to gold, predicts Jake Klein, Executive Chairman of Australian gold mining company Evolution Mining. In the meantime, the price of ethereum (ETH) could skyrocket and potentially exceed the value of the top cryptocurrency within the next five...