August 5, 2020

Band Protocol (BAND) is launching on Coinbase Pro

On Monday, August 10, transfer BAND into your Coinbase Pro account ahead of trading. Support for BAND will be available in all Coinbase’s supported jurisdictions, with the exception of New York State. Per previous launches, transfers will open during business hours, Pacific time. One of the most common requests we receive from customers is to...
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Ethereum emerges as the leader as rally shuffles market

The entire cryptocurrency market saw increased volatility over the past week and has been witnessing tremendous ups and downs in terms of the price action. As the largest crypto, Bitcoin bid adieu to the kangaroo market, many other assets also broke away from their sideways movement and rallied in the market. As the week ended,...
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Testimony By Craig Wright’s Wife Puts “Satoshi” in Very Hot Water

Lawyers for the estate of Dave Kleiman claim Craig Wright and his ex-wife, Lynn Wright, again attempted to defraud the courts by lying about Ms. Wright’s role in her ex-husband’s former firm, W&K Info Defense Research. Craig Wright Contradicts Courts Again? Craig Wright’s counsel had built part of a legal argument on the claim that...
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Bitcoin volume nears yearly high as sentiment indicates greed

The dreaded consolidation of Bitcoin finally ended as the price of the asset began going higher. The asset had an eventful week as it crossed $10k and stayed above it for the first time since August 2019. This rise in price was from $9,88 to a peak witnessed at $12,030. However, a sharp fall to...
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Bitcoin on-chain solutions are punching above its weight again

Bitcoin is certainly enjoying its ‘purple-patch’ period at the moment. Alongside strong price movement and trading at a higher range, its fundamental metrics are witnessing new milestones as well. According to blockchain.com, the number of unique addresses in the Bitcoin network is currently on a steep incline since the start of 2020. Source: Blockchain After...
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OKEx To Launch A Peer-To-Peer Trading Platform In India Today

The popular cryptocurrency exchange OKEx will launch a peer-to-peer trading platform in India today. Local users will be able to purchase digital assets with Indian rupees (INR) with zero transaction fees. OKEx Opens A P2P Platform In India According to a study compiled by OKEx and Coinpaprika earlier this year, the Supreme Court decision to...
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Dave Portnoy: I’m Coming to Bitcoin

Dave Portnoy is arguably one of the most influential and somewhat controversial legacy market traders out there. Portnoy made major headlines last month after saying that the legendary investor Warren Buffett is “washed up.” He has regularly been posting videos where he’s supporting the merit that stock markets “always go up” and, at times, claiming...
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XRP Long-Term Price Analysis: 5 August

Disclaimer: The following price prediction will possibly register a change after the completion of the golden cross.  XRP’s unceremonious drop from $0.326 to $0.250 has been dealt well by the 3rd largest digital asset. Over the past 3-days, the asset has clawed its way back near the $0.30 range, currently valued at $0.296 at press...
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Bitcoin’s rising premium and funding rate indicate a healthy market

The cryptocurrency space can be very competitive with every coin striving to make use of the growing volatility to its benefits. The largest cryptocurrency, Bitcoin has been witnessing great volatility and it has proved to be a double-edged sword for the crypto as it fell by over 10% within an hour after a tremendous spike....
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LINK Conquered $10 Moments Before Bitcoin’s Rally: Chainlink Price Analysis

Chainlink saw an impressive 32% surge over the past week as the coin edges toward $10. The resistance at $10 is expected to be very strong and will require some significant volume to overcome. Against Bitcoin, LINK is struggling to break 90,000 SAT. LINK/USD: LINK Bulls Spike Toward $10 Before Falling To $9.40 Key Support...
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JPMorgan: Young People Buy Bitcoin, Elderly Investors Gold

The financial crisis prompted by the COVID-19 pandemic has highlighted the various investment approaches initiated across different age groups. According to a new JPMorgan analysis, elderly generations have turned to more traditional assets such as gold and bonds, while younger people have gone for Bitcoin. Old For Gold, Young For Crypto Bloomberg cited the latest...
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Bitcoin Cash short-term Price Analysis: 5 August

Disclaimer: The following article attempts to analyze the evolving pattern in the Bitcoin Cash short-term market and its impact on the price.  A massive dump was witnessed across major cryptocurrencies during the weekend. As Bitcoin’s value dropped by 12% within an hour, its fork, Bitcoin Cash [BCH] also noted a fall of 29.39% within an...
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Ethereum Eyes $400 and a New 2020 High: ETH Price Analysis

Ethereum saw a 23.4% price surge over the past week as it closes in on the $400 level. This has allowed ETH to create a fresh 2-year high, not seen since August 2018. Against Bitcoin, Ethereum is of testing the 0.035 BTC resistance. ETH/USD – Bullish Close Above $400 Imminent Key Support Levels: $370, $350,...
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Ampleforth Confirms 10 Years of Liquidity Mining Incentives

Ampleforth (AMPL) is one of the projects in the decentralized finance (DeFi) space that took the community by a storm, despite being on the market for over a year. Over the past couple of months, AMPL managed to become arguably one of the most widely-discussed protocols, largely because of its quick exponential growth. Now, however,...
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Ledger vulnerability: Is it time to look for a new hardware wallet?

In less than two weeks, Ledger has suffered a data breach and has a new vulnerability. The latter is a bug that allows the hacker to spend Bitcoins while the user spends altcoins. The vulnerability was exposed by Liquality developer Mohammed Nokhbeh who stated that the Ledger, “…presents misleading transaction confirmation requests indicating the selected...
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Bitcoin Could Be a Ladder for Virus-Hit Latin America, Says RSK Co-founder

The decentralized, peer-to-peer nature of digital currencies has long made them an attractive proposition for people in economically-challenged countries. This isn’t mere speculation. From Venezuela to Turkey, India, and Iran, citizens have flocked to cryptocurrencies as their national currencies have proven volatile in the face of economic turmoil. Now, the co-founder and CEO of IOV...
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Crypto-Friendly Cash App Sees Quarterly Bitcoin Revenue Of $875 Million

Jack Dorsey’s Square noted that its cryptocurrency-friendly mobile payment app Cash App had registered its best quarter during Q2 2020. Nearly half of the $1,92 billion total revenue came from the company’s Bitcoin trading service. As a result, Square shares have pumped after hours following the record numbers. Cash App’s Record BTC Revenue Square published...
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Cardano short-term Price Analysis: 5 August

Priced at $0.1426 Cardano is the 8th largest cryptocurrency in the world. The recent surge due to the announcement of the Shelley launch caused a massive pump since April 2020. During this surge, the token has seen a 500-600% appreciation in its value. Not did this surge push it into the top 10 ranks, but...
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DeFi Protection Platform Opyn Loses $370k in ‘Double Exercise’ Attack

A few hours ago, the Opyn DeFi platform discovered a vulnerability in one of its ETH Put contracts, which enabled an attacker to make off with $371,000 worth of crypto assets. The Ethereum based decentralized insurance platform allows users to protect themselves from risks they may face in decentralized finance markets. It operates with an...
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Bitcoin SV, Monero, BAT Price Analysis: 5 August

The likes of Bitcoin SV, Monero, and BAT token continued to dwell in sideways movement after the depreciation on 1st August. With the consolidation phase extending beyond 48 hours, anticipation looms large on whether the next breakout is going to be bullish or bearish. The aforementioned altcoins have a different perspective over the past 24-hours...
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Bitcoin Price Stagnant as Gold Records ATH Above $2,000

During yesterday’s trading session, gold’s futures contracts and shortly after the spot price broke above the coveted $2,000 level for the first time. In the cryptocurrency market, Bitcoin remains relatively calm, while some altcoins are fluctuating with another all-time high charted by Chainlink. Cryptocurrency Price Movements After yesterday’s unsuccessful attempt to overcome the $11,500 resistance,...
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Bitcoin (BTC) $ 61,198.40 2.18%
Ethereum (ETH) $ 3,006.82 5.12%
Tether (USDT) $ 0.999826 0.01%
BNB (BNB) $ 568.09 3.59%
Solana (SOL) $ 128.91 4.88%
USDC (USDC) $ 1.00 0.03%
Lido Staked Ether (STETH) $ 3,007.82 5.03%
XRP (XRP) $ 0.49492 2.47%
Dogecoin (DOGE) $ 0.134488 5.01%
Toncoin (TON) $ 5.16 2.11%