December 3, 2020

C.R.E.A.M. Finance chooses Chainlink as its primary price oracle solution

Chainlink and C.R.E.A.M. Finance have been at the head of quite a few developments lately. Now, with the latter announcing a new integration associated with its oracle services, the two are bound to be in the headlines even more so. According to the said announcement, C.R.E.A.M. Finance has chosen Chainlink as its primary price oracle...
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Bitcoin Cash long-term Price Analysis: 03 December

Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment advice Bitcoin Cash, like EOS, has enjoyed a lousy YTD performance in the year 2020. In fact, BCH was up by only 33% at press time, while ADA was up 10x with respect to BCH....
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Why are Bitcoin investors reverting to basics again?

Bitcoin has never consolidated at a price range this high for so long in its history. While a recent revisit below $17k may have shaken away a few weak hands, the crypto-asset, at press time, was able to gather pace above $18,500 once again. In fact, the sentiment is distinctly different as well. The air...
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How far away is Ethereum’s scalability boost?

Ethereum continues to dominate the altcoin market, after having cemented its position as Bitcoin’s most notable rival. The last few weeks have been particularly exciting for the community since it saw the much-awaited launch of ETH 2.0, with the beacon chain going live on 01 December. However, on the question of Ethereum’s scalability, how many...
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Audio Streaming Mogul Spotify Considering Cryptocurrency Payments

Joining the tech and financial services bigwigs in the payments revolution, Spotify too is going the crypto way. The Swedish audio streaming and music services giant just put up a job offer for an Associate Director, Payments Strategy & Innovation. The desired candidate will play a key role in ‘navigating the company’s payments rudder’ through...
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Israel: Insurance company hackers demand 50 BTC in ransom

While on one hand, the price of Bitcoin is proving that the cryptocurrency is a great investment asset, on the other, its technological and market advancements have attracted the attention of the wrong kind of crowd, specifically, hackers who demand their ransom in Bitcoin. This has turned out to be the case after popular insurance...
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EOS long-term Price Analysis: 03 December

Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment advice EOS has been one of the year’s least-performing cryptocurrencies so far, with the crypto registering 7.82% in YTD returns while the likes of ADA saw YTD surges of 331% [When compared to BTC, ADA,...
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Ethereum 2.0: Validator slashed as others face ‘inactivity penalties’

While much of the community is still elated after the beacon chain went live on 1 December, it would seem that something else entirely grabbed its attention today. With the amount of ETH staked on the deposit contract nearing almost a million and worth over $500M, the first ‘validator slashing’ took place today. Eth2 slashed...
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India: TCS-backed blockchain toolkit announces support for Ethereum blockchain

Quartz Devkit, a blockchain developer toolkit backed by leading Indian IT service provider, Tata Consultancy Services, has just announced its support for the Ethereum Blockchain. The development platform will now enable decentralized applications and the deployment of smart contracts on three blockchain platforms – Hyperledger Fabric, R3/Corda, and Ethereum. Quartz DevKit claims to allow programmers...
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Monero, Waves, Zcash Price Analysis: 03 December

While the larger cryptocurrency market has been going through a consolidation phase, one trend seems to be overpowering the other in the altcoin market. Out of the market’s many altcoins, the likes of Monero, Waves, and Zcash have been reporting YTD returns of greater than 100%. In fact, according to Messari, Monero [XMR] and Zcash...
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Why Ethereum Options’ August-September performances are underrated

The memory of November 2020 will remain in the minds of Bitcoin investors and the collective crypto-industry for a long time. A rally ignited in mid-October finally realized its full potential in the penultimate month of the year, with many of the market’s premier crypto-assets climbing to new highs. While most digital asset sectors pictured...
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BIS study shows feasibility of integrating tokenized assets, central bank money

A new research study by the Bank for International Settlements (BIS), the Swiss National Bank (SNB), and the SIX Digital Exchange touched upon the feasibility of integrating tokenized assets and central bank money. The collaboration termed ‘Project Helvetia’ has demonstrated the functional feasibility and legal robustness of settling tokenized assets with a wholesale CBDC (PoC1),...
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Litecoin, Cosmos, Dogecoin Price Analysis: 03 December

Bitcoin’s price was quick to record a minor correction after having registered a new ATH a few days ago. Since then, some of the market’s most popular altcoins have had to endure a brief period of price consolidation on the charts. Since the start of December, cryptocurrencies like Litecoin, Cosmos, and Dogecoin have remained stuck...
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Bluzelle Launches Second Swarm of Duty Validator Program as Mainnet Looms

Distributed database service Bluzelle has released details of its second validator program, Swarm of Duty II. The sequel to the maiden testnet, which ran in July, will provide developers, token-holders, and validators the chance to put Bluzelle through its paces and see what the network is capable of. “Kicking the tires” of blockchain networks has...
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AMPL expands beyond Ethereum to launch on TRON, Polkadot, NEAR

According to a recent announcement by the Ampleforth Foundation, AMPL is now expanding beyond the Ethereum blockchain by integrating with 3 new blockchains, namely, Tron, Acala (Polkadot), and NEAR. In a statement celebrating Ampleforth going multichain, the protocol said, “As decentralized finance moves across chains, so too will the core monetary assets. We’ve seen this...
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Bitcoin Price to Hit $36,000 in 2021: Kraken Crypto Sentiment Survey

From what happened in the last couple of weeks, it appears that the crypto bull market is upon us. Bitcoin has been consistent with its volatility-induced rallies, and this is infusing confidence in investors. So much, so that VIP clients in Kraken’s latest Crypto Sentiment Survey say that BTC will skyrocket to about $36,000 in...
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Hackers Demand 200 Bitcoin Ransomware After Compromising Leading Israeli Insurance Company’s Sensitive Data

A notorious hackers’ group called The Black Shadow has compromised one of the largest insurance companies in Israel – Shirbit. The attackers have already released sensitive client documents and have demanded a ransom in bitcoin, which could rise to $4 million by the end of the week. Israeli Insurance Company Hacked According to a local...
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Bitcoin: Slush pool ‘immortalizes’ Reuters headline in tribute to Nakamoto

The world’s oldest Bitcoin mining pool, Slush Pool, has inscribed Reuters’ famous headline, “Dollar plummets on U.S. stimulus hopes; Bitcoin hits all-time peak,” on block number 659678. The same was done on 2 December, with the mining pool revealing the same a few hours ago, adding that the miners wanted to “immortalize” the bullish headline...
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Ethereum 2.0 sees staking commitment from Ether Capital Corp

Ethereum recently took its first steps towards Ethereum 2.0 after the Beacon Chain went live, with many centralized exchanges soon extending support for staking too. Joining them now is a publicly-traded company, Ether Capital Corporation, after it revealed that it began staking on the Ethereum 2.0 network back on 1 December. That’s not all either...
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Visa Partners With Circle to Integrate USDC for Payments

Visa, a global financial services company and credit card giant, has partnered with Circle Internet Financial, a leading crypto fintech startup, to integrate the latter’s stablecoin. Visa Taps USDC for Digital Payments According to Forbes, on Dec. 2, Visa will be adopting Circle’s USD Coin (USDC) into its credit card platforms. The collaboration between both...
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Bitcoin (BTC) $ 63,232.94 1.30%
Ethereum (ETH) $ 3,161.43 0.88%
Tether (USDT) $ 0.999861 0.03%
BNB (BNB) $ 591.89 1.50%
Solana (SOL) $ 138.89 3.38%
USDC (USDC) $ 1.00 0.17%
Lido Staked Ether (STETH) $ 3,158.32 0.91%
XRP (XRP) $ 0.517599 0.70%
Dogecoin (DOGE) $ 0.146423 1.71%
Toncoin (TON) $ 5.29 1.28%