Popular cryptocurrency advocate John McAfee has ghosted his Ghost project, citing incompetence of the management team. McAfee Ghosts Ghost Tweeting on Wedsnesday (August 19, 2020), McAfee announced that he was dumping Ghost, a privacy-centered project. Back in April, McAfee announced the Ghost privacy coin, which uses proof-of-stake (PoS) and will ensure users’ privacy by making...Read More
IOTA announced the release of the first phase of the IOTA 1.5 upgrade onto its mainnet today. True to its promise, IOTA finally presented a considerable step in achieving its roadmap and more excellent opportunities for the community. Before that, the project had published a release strategy, which is to happen in two phases. Today...Read More
Ethereum has been on a wild ride over the past couple of weeks and has been outperforming the largest cryptocurrency, Bitcoin. After an extended period of consolidation, ETH has witnessed a stellar rally of around 88% rising from $236.97 to $445.4 within a month. These gains have been often linked with its correlation with Bitcoin,...Read More
By Dan Frank At Coinbase we pride ourselves in Efficient Execution. In software engineering, a common manifestation of this principle is DRY — don’t repeat yourself. For example, we might consolidate logic into a single service or library. But I’m a Data Scientist on our Data Team where our core role is to help derive...Read More
Bitcoin SV lost recent gains after Bitcoin dipped to $11,600 from $12,500. However, Bitcoin SV might be able to sustain a move upward. ATOM showed signs of weakness in the market as bearish momentum seemed to gain traction. Synthetix was trading just above its support and endure some short-term price loss before resuming its prior...Read More
Bitcoin has been called a lot of names and has been through a lot of phases as well. With where it stands, it can be safely called a store of value and internet money that can be transferred p2p. At press time, Bitcoin continues to remain well over $11k with a trading price of $11,813...Read More
XRP and ONT both moved significantly in response to Bitcoin dipping to $11,600. FTX Token had already been experiencing appreciable price fluctuation. XRP looked precariously perched, trading near a significant level but seemed poised to drop. The longer XRP failed to reclaim its nearest support, the stronger the case became for XRP bears. Ontology had...Read More
There was a time when a pump in the Bitcoin market would translate into growth for other cryptocurrencies. However, recently, there have been signs of an inverse correlation between Bitcoin and many other altcoins, especially small-cap assets. The previous week’s market movement put major crypto-asset, Ethereum [ETH] in a top spot for incurred gains as...Read More
[Featured content] Cryptocurrency derivatives are becoming more and more popular as the market continues to enjoy increased retail attention. Back in June, CryptoPotato reported that the monthly trading volume for cryptocurrency derivatives hit a new all-time high (ATH) with over $602 billion traded in a month. In the first quarter of 2020, Bitcoin-oriented products accounted...Read More
Google trends data reveals that the number of “buy crypto” searches has exploded worldwide in the past few weeks to a two-year high. Simultaneously, the “buy Bitcoin” searches, which jumped prior to the 2020 halving and decreased immediately after, have increased since late July. Buy Crypto Searches To A Two-Year High According to Google trends,...Read More
Litecoin, IOTA, and Dogecoin followed the market-wide setback after the recent dip Bitcoin experienced. Litecoin and IOTA look strong enough to hold without further descent. DOGE could be showing early signs of a possible downtrend. Litecoin [LTC] Source: LTC/USD on TradingView Litecoin saw a pullback after encountering resistance at $66. It was trading at $63...Read More
It’s safe to say that yesterday’s wick down to $0.1277 will be the last one in a while for Cardano. Both on the higher time frame, as mentioned earlier, and the lower time frame, Cardano is bullish. Still, in the 8th rank, ADA is currently trading at $0.1328 with the 24-hour price change showing a...Read More
XRP fell by a total of 4% today as the coin drops back beneath $0.3 to reach $0.293. At the start of this week, XRP attempted to push higher as it spiked to $0.331. Against Bitcoin, XRP returned to the 200-days EMA at 2470 SAT today. XRP/USD: XRP Breaks Beneath $0.30 Once Again Key Support...Read More
US authorities have charged with fraud and money laundering five people operating a Bitcoin mining Ponzi scheme. Called AirBit Club, the scam operated since 2015 and duped numerous victims into investing by promising alluring but false returns. How Did AirBit Club Operate? According to the US Department of Justice (DOJ), Pablo Renato Rodriguez and Gutemberg...Read More
After Bitcoin dipped by a total of 6.25% between Tuesday and Wednesday, liquidations worth $50 million were spotted. Although this drop is small compared to the drop on August 2nd, there might be fears of a price crash. Perhaps, in a fashion similar to the March crash, that wiped out bitcoin’s price by more than...Read More
The Algorand Foundation and Algorand Inc have announced a significant upgrade to its layer-1 protocol that will enhance the platform’s abilities to power complex decentralized applications, including DeFi projects scalable to tens of millions of daily transactions with low fees. Algorand Protocol Update To Enhance DeFi Solutions The company announced the protocol upgrade in a...Read More
Bitcoin finally broke the resistance zone of $12,000, ETH transaction fees are also skyrocketing with the price of moving tokens around on the Ethereum blockchain continuing to balloon, China’s Sichuan has encouraged blockchain companies to help consume excessive hydroelectricity in the rainy season, Filecoin mining is in full swing now…… The excitement of making a...Read More
A Russian businessman has reportedly taken a loan from a bank using the WAVES token as collateral. With the nation’s unclear regulation status regarding digital assets, local lawyers argued on whether such transactions could legally proceed in the future. The First Cryptocurrency-backed Bank Loan In Russia Alexander Ivanov, Waves founder and CEO, confirmed the news...Read More
After Bitcoin touched $12,500, Crypto Fear & Greed Index stood at 82 for the day and 80 for the week. It can be argued that some signs of a coming drop were in the making over the past couple of days. Bitcoin’s subsequent drop to $11,600 took with it the entire market, including recent stalwart...Read More
The U.S. Government’s acting Comptroller of the Currency allowed banks in the country to offer cryptocurrency custody services a little less than a month ago. Advocating the case for crypto, he now says that payments need to happen ‘virtually instantaneously.’ He also feels that ‘the crypto phenomenon cannot be ignored.’ Crypto-Friendly Brian: Payments Need To...Read More
Disclaimer: The following article attempts to analyze the emerging patterns in the Bitcoin Cash short-term market and its impact on the price. After the surge witnessed in the market on 17 August worth, Bitcoin Cash tested the resistance at $324.43 and began its descent. Due to the sudden sell-off, the price of BCH slipped back...Read More
Swipe is set to venture into the U.S. market following approval from regulators. The news of the launch caused a rise in the price of its SXP tokens. Swipe Crypto Trading Functionality Coming to 200M Americans In a tweet on Tuesday (August 18, 2020), crypto wallet and card provider Swipe announced that it received a...Read More
Bitcoin’s run above $12,000 was short-lived as the asset has tanked by 4% in the past 24 hours to $11,800. However, BTC’s dominance over the market has increased slightly as most altcoins have plummeted as well. Bitcoin Fails To Stay Above $12K Bitcoin’s latest attempt to conquer $12,000 seemed successful at first glance, unlike the...Read More
