August 28, 2020

Neo integrates with Coinbase’s Rosetta to launch ‘next-gen Internet’

Neo, a public blockchain and smart contracts platform announced that it has integrated with the Coinbase-led open-source project Rosetta.  Neo integrates with #Rosetta, an open-source project led by Coinbase. We look forward to work together with Rosetta improving protocol integration processes in order to build the next-gen Internet.https://t.co/Nl8nF3OW4G — Neo Smart Economy (@Neo_Blockchain) August 28,...
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US DOJ Goes After 280 Cryptocurrency Accounts Linked to North Korean Hackers

Yesterday, the United States’ Department of Justice filed a complaint to seize 280 cryptocurrency accounts operated by notorious North Korean hackers. They allegedly stole millions of dollars worth of crypto assets from two cryptocurrency exchanges and also sought the help of Chinese OTC traders to launder the funds. US DOJ Moves To Seize Cryptocurrency Accounts...
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Lessons for Traders 101 – 2020’s Bitcoin isn’t 2017’s Bitcoin

Bitcoin’s on-chain fundamentals grew stronger post its second halving in 2016. However, while most traders have historically been focused on the world’s largest cryptocurrency’s price action, there is a degree of ignorance when it comes to studying metrics for building a trading strategy. Here are just a few of them that highlight such growth in...
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U.S SEC charges Ponzi scheme companies that promised fake crypto trading

The U.S Securities and Exchange Commission (SEC) charged two Maryland based companies over a Ponzi scheme that allegedly defrauded approximately 1,200 investors, of more than $27 million by promising to trade their money on crypto exchanges. SEC charges Ponzi scheme targeting African immigrants https://t.co/lyrs3RSViJ — SEC_News (@SEC_News) August 28, 2020 The illegitimate companies involved in...
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Equinor to support Bitcoin mining in US with repurposed natural gas 

The international energy company, Equinor plans to repurpose gas flaring from U.S oil fields to support Bitcoin (BTC) mining, according to a new report from Arcane, a cryptocurrency market research hub.  Arcane Research said that it received screenshots from Equinor’s blog that detailed the company’s plans to use natural gas, instead of flaring it, in...
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The Crypto Weekly Market Update: Polkadot Reached Top 5, Bitcoin Stagnant

Bitcoin had a rather unproductive week of trading as it declined from about $17,750 to where it’s currently at $11,500, losing about 2% in the process. However, the last seven days were not without their highlights. Just yesterday, the US Federal Reserve’s Chairman, Jerome Powell, announced a historic shift in the institution’s approach towards inflation...
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Polkadot (DOT) Leading the Trending Coins of This Week, YFV and YFL Behind

The last couple of weeks have been nothing short of intense on the cryptocurrency market. For the first time since 2016, an altcoin flipped Bitcoin’s price as YFI traded above 1 BTC. Polkadot (DOT) is currently all the rage as all eyes are turned on the project and its native cryptocurrency. Data from CoinGecko suggests...
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Japanese giant SBI Holdings will add CFD for Bitcoin, XRP, ETH

SBI Holdings, a financial services company based in Japan announced addition of CFDs for premiere cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and XRP. The trading will begin on 31 August on SBI FX which is SBI Holdings’ retail forex brokerage platform.  These contracts for differences or CFDs allow traders to settle the differences between the...
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Crypto Price Analysis & Overview August 28th: Bitcoin, Ethereum, Ripple, Chainlink, and Polkadot

Bitcoin Bitcoin saw a small 4% price drop this week as it headed into the $11,300 support (downside 1.272 Fib Extension). During the week, the coin broke beneath the August rising trend line. The bulls attempted to recover, but the previous support flipped into resistance and the buyers failed to overcome it. On Tuesday, Bitcoin...
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Bitcoin SV long-term Price Analysis: 28 August

Disclaimer: The following article expands on what might be expected from Bitcoin SV’s price movement over the next few weeks  Bitcoin SV’s downtrend started the day it registered its high of $260 on the 2nd of this month. While the forked asset managed to recover from $197 mid-month, over the last week, the bearish pressure...
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Here’s when shorting Bitcoin is wise

Halvings are important events in Bitcoin’s price cycle, especially because a lot of expectations are tied to these events. However, while Bitcoin’s price did end up higher post the first two halvings, it did take quite a few months for the price to do the same.  Post the first halving, the price rose by over...
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Bitto Exchange: Bitto’s limited circulating supply promises Unchartered Potential

2017 was a breakthrough year for cryptocurrencies. With Bitcoin reaching $20,000, a lot of attention was garnered on the digital asset ecosystem. However, with investors taking a serious interest in other crypto projects as well, the ICO boom was born, which left a black mark on the industry. ICO scams became a major issue as...
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Ethereum Options traders await latest expiry with caution

Ethereum has been the leader of the market’s altcoins for a long time now, with the cryptocurrency marking out its own route for the season with its own rallies. However, while it did follow a similar trend as Bitcoin, it also managed to report greater growth, with traders supporting its high price on the charts....
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Bityard has launched innovation zone and will stay committed to provide users with the best and secure contract trading services

Bityard has recently launched a new “innovation zone”, and will stay committed to providing users with more diverse trading options and services. As the world’s leading cryptocurrency contract exchange, Bityard always values the users and will continue to optimize its products in order to provide users with better cryptocurrency trading services. There are eight crypto...
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The Complete Crypto Investors’ Guide to DeFi, Yield Farming and Passive Gains 

Decentralized Finance, frequently shortened to DeFi, is a new type of electronic banking system that has been generating buzz within the crypto community and beyond. To date, the DeFi space accounts for more than 4 billion in crypto-assets and is shaping the future of digital finance. What is DeFi and What Sets It Apart within...
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Powell’s speech slashed Bitcoin’s price; Will Options expiry do the same?

Bitcoin‘s price was once again consolidating yesterday as many of the market’s traders awaited the Federal Reserve Chair Jerome Powell’s speech. The market anticipated the Fed to raise the inflation rate, but Powell introduced new plans to target inflation averaging at 2% over time. However, while the Fed Reserve chair shared his insights, Bitcoin’s spot...
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Over $12M Gas Fee Spent on Uniswap in August With Most Coming From USDT Transfers

The leading decentralized exchange has recorded more volumes in August than it did in July. Uniswap saw more than $300 million in trading volume over the past 24 hours and $2.5 billion in the last seven days, according to data on Dune Analytics. Uniswap Spends The Most Gas Fee Uniswap’s impressive volume is also putting...
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Zcash, Ethereum Classic, Chainlink Price Analysis: 28 August

A persistent market downtrend has been the norm over the past few days, with Bitcoin’s price fortunes having a ripple effect on the rest of the market’s altcoins. This was the case with Chainlink, Zcash, and Ethereum Classic as well, and it is likely that these altcoins will continue to note significant corrections on the...
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High Inflation and Gold Issues Could Send Bitcoin Price to $500,000, The Winklevoss Twins Say

Gold, oil, and even the US dollar, which have served as a reliable store of value for years, could soon lose that status, according to the Winklevoss twins. According to them, Bitcoin is the value to substitute and when this comes, it could facilitate a surge in its price to $500,000 and beyond. The Major...
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Ethereum long-term Price Analysis: 28 August

Disclaimer: The following article attempts to analyze the emerging patterns in the long-term Ethereum market and its impact on the price  Etheruem has gotten off its rallying horse, with the cryptocurrency noting a significant dip in value over the past week. There have also been issues related to the gas price due to congestion on...
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BAT, Tron, Litecoin Price Analysis: 28 August

After weeks of bullish movement, it would seem that the larger crypto-market has come to a grinding halt, with bears ruling the roost now. When Bitcoin gradually fell on the charts after having failed to sustain a beach of $12k, so did the market’s altcoins. At the time of writing, most of these alts, including...
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Bitcoin Defends $11,100 While Large-Cap Altcoins Struggle (Market Watch)

Despite Bitcoin’s tumultuous performance following an announcement of the US Federal Reserve regarding its new approach to average inflation targeting, the cryptocurrency has managed to stabilize around $11,400 where it’s currently trading at. Elsewhere, Chainlink and Polkadot are both in red but LINK has returned to the top 5 coins by market cap. Bitcoin Spikes...
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Coinbase Launches USD Coin 2.0 to Delegate Gas Fees

Centre Consortium members Circle and Coinbase have just launched an upgraded version of their popular USDC dollar-pegged stablecoin. Going live on August 27, USDC 2.0 aims to tackle high gas fees by allowing developers to delegate it to other wallets or take fees in USDC instead. Removing ETH From The Picture The official announcement explained...
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Digital Currency Group to Invest $100 Million in Bitcoin Mining

Money attracts money, and Barry Silbert, CEO of Digital Currency Group, knows it. His company has already established itself as one of the most influential corporations in the entire crypto ecosystem. Today, it announced a new venture that will expand its reach into a whole new frontier: the crypto mining industry. In a recently issued...
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Bitcoin (BTC) $ 62,145.65 2.27%
Ethereum (ETH) $ 3,148.93 4.35%
Tether (USDT) $ 0.999596 0.01%
BNB (BNB) $ 585.20 2.63%
Solana (SOL) $ 134.42 4.94%
USDC (USDC) $ 0.998934 0.12%
Lido Staked Ether (STETH) $ 3,141.97 4.54%
XRP (XRP) $ 0.50462 2.68%
Dogecoin (DOGE) $ 0.140167 5.98%
Toncoin (TON) $ 5.25 3.19%