Crypto

Here’s Why Bitcoin Short Positions Could Be in Dangerous Territory

Bitcoin and the aggregated crypto markets have been caught within a firm bout of sideways trading since this past Saturday, with this lack of decisive momentum making it incredibly unclear as to where the markets will head next. In spite of this, Bitcoin has been able to hold above multiple key levels, leading some analysts...
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This Technical Signal Suggests Bitcoin is Bound for a Massive Short-Term Movement

Bitcoin has found itself caught within a firm consolidation phase over the past several days, which has come about following the cryptocurrency’s recent rejection at $9,200. Following the downwards movement that resulted from this rejection, BTC has found some stability around $8,600. In the near-term it is important to note that Bitcoin has found some...
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Ethereum (ETH) On the Verge of a Massive Upswing as Altcoins Begin Rallying

After incurring a slight pullback over the past couple of days, Ethereum and the aggregated cryptocurrency markets appear to be primed for an extension of their recent uptrend. This overt strength is coming about as Bitcoin is beginning to show signs of recovering from its recent lows and may point to the possibility that the...
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Gold Bug Claims Bitcoin Has No Market Value Because He Forgot His Wallet’s Password

Prominent gold bug Peter Schiff hasn’t been one to hide his opinions on Bitcoin and digital assets in general, frequently railing against them in tweets to his nearly 200k followers. Today, however, his critiques of Bitcoin took a more personal turn when he slammed the cryptocurrency for not having any market value after he was...
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Bitcoin is Holding Above a Key Support Level as Bulls Guard from Further Losses

After an extended period of trading sideways around $8,800, Bitcoins bears have been able to push the cryptocurrency lower and put it at risk of breaking below multiple key support regions that have been bolstering its price. Analysts are now widely noting that BTC is currently sitting at a key short-term support level that bulls...
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Ethereum Forms a Bearish Rejection Just Below a Key Resistance Level

Ethereum has seen some sizeable gains over the past several days and weeks, although this uptrend may be short lived due to a top formation that it just posted on its daily chart right below a key resistance level. This comes shortly after the cryptocurrency broke below its macro adoption curve, and the confluence of...
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How MakerDAO doubled its users in a single weekend using Coinbase Earn

By Kenzan Boo On July 26, 2019, Coinbase Earn launched the Dai Advanced Task. In a few days, users created more CDPs (Collateralized Debt Positions) than ever existed. In the previous 11 months, about 9,000 CDPs were created on the blockchain with MakerDAO. We chose to launch on a Friday. On the weekend after the...
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Will Bitcoin and Crypto Markets do a 2017 in 2020?

Since the massive bitcoin and crypto surge in late 2017 and resultant crash in 2018 everyone has been waiting for a return to those giddy heights. In reality, it may just take a little longer as it did after the dotcom bubble burst. Bitcoin’s Slow Build Looking at previous years may give us an indication...
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Binance Stablecoin Receives NYDFS Approval

According to a recent announcement by one of the world’s largest crypto exchanges, Binance, its USD-backed stablecoin was just approved by the New York State Department of Financial Services. One of the world’s largest crypto exchanges by trading volume, Binance, has been making headlines on a regular basis for the last three years. The exchange...
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Coinbase Boss Thinks This Will Happen to Crypto in 2020s

Crypto is entering its second decade, after 10 years of highly dynamic development. Brian Armstrong, CEO, and co-founder of Coinbase revealed his expectations for the coming decade. User Base to Expand to 1 Billion for One Scalable Blockchain Predicting what comes for crypto assets will also in a way outline and affect their future, commented...
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Why Bitcoin and Crypto will be Properly Understood Much Later?

Bitcoin arose as a pretty high-minded idea, engendered in specialized cryptography forums. In its early days, its merits have been discussed by communities like the LessWrong forums. Bitcoin Gained a Bad Reputation in its Early Days Crypto assets and Bitcoin, in particular, gained a public image of being a simple-minded Internet coin, used by gamers...
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How 2020 Will Become The Year of The Crypto Stablecoin

The past two years have opened the eyes of the world to crypto currencies. Showing particular interest has been central banks with a number of them developing their own stablecoins and more will be arriving this year. Year of the Stablecoin Many of the existing stablecoins may simply disappear under an avalanche of better alternatives....
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Bitcoin Successfully Overcome 5 “Bubbles” in the Past Decade

The previous decade has been interesting from a financial point of view. Primarily the evolution of bitcoin is worth taking into account. This remains one of the most modern forms of money to be introduced in the past 10 years.  The Bumpy Bitcoin Ride Continues It has to be said that bitcoin’s evolution has not...
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XRP Surpasses Ethereum in Daily Transaction Value

Looking at the overall transaction value of different cryptocurrencies, interesting trends become apparent. It would appear that XRP has successfully overtaken ethereum in this department, at least temporarily.  The overall adjusted value of transactions on both networks is relatively high.  XRP Beats Ethereum, for a Change Virtually every day, ethereum beats XRP hands down in...
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Narratives Arise After Bitcoin’s Surge, But Here’s the Real Reason Behind the Move

After hovering below its previous support at $7,000 for several hours yesterday, Bitcoin’s bulls were able to generate significant momentum that has allowed BTC to reclaim its position within the $7,000 region, and it appears that this upwards momentum is growing.This move coincided closely with news regarding a US airstrike on a top Iranian military...
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TRON Foundation Regains Control Over $400 Million in TRX

Several cryptocurrency projects have locked up part of their supply a while ago. TRON is no exception, as its lockup occurred in December of 2017. It now appears that this funds is back under control of the TRON Foundation.  Plenty of TRON to go Around That in itself is not necessarily something to be concerned...
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Best Bitcoin Lending Sites and P2P Platforms

If you are looking to borrow or lend BTC, here are some of the best Bitcoin lending sites and P2P platforms that you can use for this particular financial service. What Is Bitcoin Lending? Bitcoin lending is similar to your regular bank loan, the difference being that you do not need to involve banks and...
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Ticker Tool Uses the BCH Blockchain to Provide Reliable Rate Data

Instantly verifiable, unhackable and forever retrievable are some of the key features of information stored on a blockchain. These are also the characteristics that traders of various assets, commodities and currencies would appreciate when it comes to the price data they are using. The team behind the Blitz Ticker project have decided that’s exactly what...
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Carnegie Mellon Agrees to Using Massive MKR Donation for DApp Research

Advancing development and growth in the blockchain industry is crucial. A recent MKR contribution to Carnegie Mellon will spur further research of dApps and protocols. Further growth of blockchain technology requires attracting more developers and coders. Massive MKR Donation to Carnegie Mellon One way of doing so is by offering a “grant” of sorts. Carnegie...
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Fake Ledger Chrome Extension Causes Major Problems

It appears that there are a fair few of malicious Chrome extensions out there. Albeit Google removed two of them, a new fake offering claiming to be a Ledger product has shown up. Ledger is one of the most popular hardware wallet manufacturers in the world. Another Fake Chrome Extension The company has also developed...
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The “Dickening” of John McAfee is Less Than 1 year Away

As the new decade trucks along, plenty of crypto-related questions arise. It appears that a fair few people wonder if and when John McAfee will honor his initial promise. Most bitcoin enthusiasts will remember the wild price prediction John McAfee shared with the world. Will John McAfee be Correct?  More specifically, he claimed how bitcoin...
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Bitcoin’s Next Move Expected To Be Aggressive As Volatility Wanes

As Bitcoin’s downtrend begins to run out of steam and selling momentum, the first-ever crypto asset has been trading within an increasingly tightening trading range, between lows or $6,400 to highs of $7,600.But as volatility disappears from the cryptocurrency market, the next move, while not necessarily near, will be an extremely aggressive one according to...
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Metamask Returns to Google After 1 Week Ban

After ending 2019 with bad news of being banned on Google Play, Ethereum crypto wallet and dApp platform, MetaMask, managed to make a comeback on January 1st, 2020. Google Reverses Decision The Ethereum ecosystem saw a small setback in the last week of 2019 after Google decided to ban the Android client of MetaMask from...
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Government Confirms Crypto Profits Not Taxable in South Korea

South Korea has confirmed that income tax cannot be levied on individual investors’ profits from crypto transactions under the current tax law. The government, however, is reviewing international trends and the approaches of major countries to crypto taxation in an effort to amend the existing Korean tax law to include cryptocurrency. Also read: Regulatory Roundup...
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Bitcoin is a Twitter Trend in South Africa yet no one Knows why

Cryptocurrency-related trends on Twitter are not an official market indicator. However, it would appear that #bitcoin has been trending in South Africa over the past 48 hours. It is always interesting to see bitcoin trend on social media. South Africa Goes Crazy Over Bitcoin When this happens on Twitter, it is often to find the...
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These Are the Bitcoin Stories You Loved in 2019

2019 was a crazy year for cryptocurrency enthusiasts and a number of interesting events happened throughout the last 12 months. It’s hard to keep track of the day-to-day activities taking place within the cryptosphere and there may be a few incidents some of our readers missed. At news.Bitcoin.com we took the opportunity to scan our...
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XRP’s Fundamental Strength May Spell Trouble for What’s to Come in 2020

XRP has been one of the worst performing major cryptocurrencies throughout 2019, as it struggled to gain the upwards momentum seen by Bitcoin in the early half of the year, while underperforming BTC during its downtrend during the second half of the year.This bearishness may spill over into 2020, as the cryptocurrency’s fundamental strength is...
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Cashfusion is a Powerful Privacy Tool for Bitcoin Cash

Some very exciting developments are on the horizon for bitcoin cash. Primarily the Cashfusion protocol has proven to be of great interest to community members. Several key enhancements will be introduced to bitcoin cash in the near future.  Major Changes for Bitcoin Cash The Cashfusion protocol will improve upon the existing Cashshuffle protocol. This allows...
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LoopRing’s zkRollup Continues to Demonstrate Tremendous Potential

There are always some developments in the cryptocurrency space worth paying attention to. LoopRing’s implementation of zkRollup for DEXes is certainly paying off. It is a very interesting way of scaling transactions on Ethereum. zkRollup is a Powerful Tool The main benefit of zkRollup is how transactions can be bunched together, instead of being handled...
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Wifi Sharing Platform Wicrypt Gets Government Grant in Nigeria

A crypto startup providing wifi hotspot sharing services in Nigeria has won funding from the country’s telecom regulator. Wicrypt placed second among 25 tech companies participating in an innovation competition organized by the Nigeria Communication Commission and it’s going to receive a grant worth 2 million naira to finance its project. Also read: Skrill Now...
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