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Bitcoin and Altcoins Trading Near Key Breakout Zone
6.10.2020
Bitcoin is trading above the USD 10,550 and USD 10,650 support levels. Having said that, BTC is approaching a crucial breakout zone near USD 10,800 and USD 10,950. The price is currently (08:30 UTC) trading well above USD 10,650 and it seems to be preparing for the next major move.
Similarly, most...
John McAfee Arrested, Indicted for $23 Million Illegal Crypto Pumping and Tax Evasion in US
6.10.2020
John McAfee has been arrested and indicted for tax evasion, the U.S. Department of Justice announced. The cybersecurity entrepreneur has also been charged with fraudulently pumping cryptocurrencies by the U.S. Securities and Exchange Commission. McAfee Fraudulently Pumped Tokens The U.S. Department...
Wolf.bet Is a Provably Fair Gambling Casino Supporting Multiple Cryptocurrencies
6.10.2020
Have you been looking for an online gaming platform you can trust with your digital assets and that won’t bother you with cumbersome identification procedures? Wolf.bet is a 100% provably fair gambling casino supporting multiple cryptocurrencies, without KYC and a great lineup of additional...
Ethereum Transaction Fees Fall 82%, as Defi Hype Eases
6.10.2020
The average cost of sending a transaction over the Ethereum blockchain has fallen by 82% from a September 2 peak of $11.61, down to $2.09 as of October 4. The decline may be the result of a slow down in the hype around decentralized finance (defi) protocols. According to data from Glassnode...
A Solution To the Blockchain Scalability Problem – Meet Jax.Network
6.10.2020
Being the next step in the evolution of human civilization, blockchain technology still hasn’t been mass-adopted. The biggest obstacle here is a limited transaction processing capacity. Existing blockchains like Bitcoin and Ethereum are only able to do about 7-10 transactions per second. This...
Visual Interpretation of Bitcoin’s Supply Shows the Digital Asset’s Unique Scarcity
6.10.2020
The Bitcoin network has recently crossed over the 18.5 million mark, as far as the number of bitcoins currently minted into circulation. However, even though over 18 million coins have been minted to-date there’s a number of different elements that affect the distribution of all the coins...
$9 Trillion in Stimulus Injections: The Fed’s 2020 Pump Eclipses Two Centuries of USD Creation
5.10.2020
Since September 2019, research shows the Federal Reserve has pumped over $9 trillion to primary dealers by leveraging enormous emergency repo operations. A recently published investigative report shows the U.S. central bank submits the daily loan tally, but the Fed will not provide the public with...
Yearn Finance Connect (YFIC) New DeFi Project Decentralized Finance, Staking, Lending & Yield Farming
5.10.2020
Yearn Finance Connect is a decentralized token under the ERC-20 protocol, that allows users to stake YFIC, borrow assets, and vote for improvements within the community. Yearn Finance Connect staking platform enables investors to earn a yield on YFIC token, depositing, and selecting the amount...
Crypto for Congress: Bitcoin Sent to All Congress Members’ Campaigns
5.10.2020
The Crypto for Congress initiative has launched. All members of Congress will be given bitcoin as campaign contributions to help them learn about cryptocurrency. The initiative is supported by Congressional Blockchain Caucus members, including pro-crypto Representatives Darren Soto and Tom Emmer....
Bitcoin News Roundup for Oct. 5, 2020
5.10.2020
With interest in bitcoin futures falling to their lowest level since May, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
Bitcoin Handout, Mining Difficulty, Estonian CBDC Research + More News
5.10.2020
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
Blockchain advocacy group Chamber of Digital Commerce Political Action Committee (PAC) will be contributing USD 50 worth...
After Banning ICOs China’s Defi Ecosystem Grows Exponential This Year
5.10.2020
The decentralized finance (defi) ecosystem has become a multi-billion dollar industry and quite a bit of the popularity is stemming from China. While a number of defi projects from the West like Uniswap, Compound, and Makerdao are popular in the country, China is also creating its own landscape...
Crypto Market Sentiment Inches Up; Bitcoin Loses the Week, Wins the Day
5.10.2020
The combined moving 7-day average crypto market sentiment score (sentscore) for the top 10 coins by market capitalization has slightly recoverd from last week's 4.98/10 to the current 5.18. This brings it nearer to the positive zone where it resided for a while this summer, and back into the 5-5.9...
Bitcoin.com Exchange Acquires BOA Exchange To Reach New Markets
5.10.2020
Announced earlier this week, the two companies said the deal is expected to be finalized immediately, without disclosing the financial terms. BOA Exchange is a crypto exchange that has accumulated a vast user base, offering free alt tokens in airdrops and staking coins. The deal further expands...
OFAC Warns Americans Against Facilitating Ransomware Payments
5.10.2020
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) recently issued an advisory highlighting the sanctions risk American citizens face if they help facilitate ransomware payments. In the advisory, the OFAC says it will “continue to impose sanctions on those...
Bitcoin and Altcoins Facing Uphill Task, XRP Outperforms
5.10.2020
Bitcoin price found support above USD 10,350 and the bulls managed to avert a sharp decline below the USD 10,250 support. BTC started a sharp increase above USD 10,550, but it failed to surpass USD 10,800. The price is currently (08:30 UTC) trading near USD 10,700 and it might correct lower towards...
Cryptowisser: 75 Crypto Exchanges Dead in 2020 – More Will Follow
5.10.2020
5th October 2020, leading Crypto service comparison site – Cryptowisser, announces its Crypto exchange graveyard. The detailed page lists and explains the many crypto exchanges (largely centralized exchanges) that have disappeared, expired or collapsed this year, giving an insight into...
While Darknet Users Search for New Markets, Global Law Enforcement Reveals Mass Arrests
5.10.2020
During the last month since the fall of Empire Market, darknet market (DNM) patrons have been migrating to alternative markets. Meanwhile, global law enforcement recently arrested 179 individuals tied to DNMs and seized over $6.5 million in cryptocurrency and cash proceeds. It hasn’t been...
New Stimulus Checks: Barbara Corcoran Slams Mark Cuban’s Expiry Date Idea, Favors Long-Term Relief
5.10.2020
Famous investor and “Shark Tank” star Barbara Corcoran has criticized Mark Cuban’s “use it or lose it” approach to the second round of stimulus checks for Americans. She also shares her thinking on what’s more important than one-time direct payments. Second...
Former EU Parliament Member Godfrey Bloom Who Calls Banking System a Scam Bought His First Bitcoin
4.10.2020
Former Member of the European Parliament Godfrey Bloom has bought his first bitcoin. The British politician is famed for numerous controversial views, such as calling the entire banking system a scam and the state an institution of theft. Godfrey Bloom Now Owns Bitcoin Godfrey Bloom is a British...