Blockchain Bearish News
TL;DR Breakdown Litecoin price prediction expects a rise towards $200. Litecoin must hold the crucial support found at the $100 mark. Strong resistance currently lies at the $147 mark. Strong support currently lies at the $129 mark. Following the cryptocurrency market, Litecoin price followed a descending channel since 14th January. The sharp downward trajectory does appear […] …
2020 saw a surge in defi and non-fungible token (NFT) activity happening on Ethereum as excitement grew around the prospect of yield farming and investing in the new world of digital collectibles. Inspired by this growing interest, members of the Ardor community set out to develop DeFiMAGIC, harnessing the features of the multi-chain platform including […] …
TL;DR Breakdown: Livecoin has decided to close its business and repay users. The exchange was involved in a cyber-attack that took away their control of the platform. Livecoin, one of the long-running digital currency exchanges in Russia, has been forced to shut down its services after several attempts to regain control of the platform’s server. […] …
TL;DR Breakdown: Rain Financial is now a Coinbase-backed crypto exchange. The exchange raised $6 million in a new funding round that included the US exchange and MEVP. The leading United States cryptocurrency exchange, Coinbase, is now backing one of the leading cryptocurrency startups in Bahrain, Rain Financial, following the company’s Series A funding round. Rain […] …
TL;DR Breakdown Ripple price prediction expects a rise to the $0.30 mark. Strong resistance currently lies at the $0.282 mark. Strong support currently lies at the $0.272 mark. Ripple secures new partnerships amidst SEC’s lawsuit. Ripple has been in the hold of strong bearish pressures since the beginning of the year and pressures do not […] …
TL;DR Breakdown Frank Giustra says that governments would stifle Bitcoin growth because of their CBDC projects. China launches a Digital Yuan ATM. Billionaire investor, Frank Giustra, has said that governments and central banks in the world will do all they can to stifle the growth of Bitcoin. In an interview with Daniella Cambone of Stansberry […] …
BSN’s new project will be focusing on the building of a universal digital payment network on its path to a better and further blockchain adoption. …
Without a doubt, the last year has been one of the best years for cryptocurrency investments. Bitcoin price has climbed from $5,288 in mid-March to […] …
TL;DR Breakdown Andrey Sergeenkov says real-world use cases would boost Bitcoin adoption. Bitcoin is now being used to hedge against inflation. Famous crypto trader and journalist Andrey Sergeenkov think that Bitcoin adoption would be driven by real-world use cases and not institutional investors. He made this known in a recent article he wrote on Cointelegraph. […] …
While Ripple grapples with the SEC lawsuit against the company and its executives, more cryptocurrencies may be facing the same fate soon. Gary Gensler, the nominee for SEC chairmanship under Biden’s administration says there may be more unregistered securities like XRP out there, hence the need for stricter regulation of the space. Gensler who is […] …
The Millennial generation is likely to lead humanity into a phase of fintech as they hasten the adoption of Bitcoin. Researchers have discovered that cryptocurrency is three times more popular among members of the millennial generation than any other generation of Americans. They are increasingly choosing it as a long-term investment option. Millennials Around the […] …
TL;DR Breakdown: Miami mayor is considering investing the city’s funds in Bitcoin. This comes as part of the plan to make Miami a crypto-friendly territory. The first Miami-born mayor, Francis Suarez, is optimistic about the largest cryptocurrency, Bitcoin (BTC), and he’s looking to make the city a Bitcoin-friendly region. During an interview with FOX Business […] …
TL;DR Breakdown Joe Biden is planning to announce a new stimulus package. Crypto enthusiasts believe the new stimulus package would further boost Bitcoin. Reports have emerged that the newly elected President of the United States of America, Joe Biden, is set to announce a new $1.5 trillion stimulus package. According to this report, Americans would […] …
TL;DR Breakdown: The police in Karnataka have seized over $1 million worth of Bitcoin from a hacker. The culprit admitted to hacking crypto exchanges and online gaming platforms for money. In Karnataka, a state in India, the law enforcement agency has reportedly seized more than $1 million in Bitcoin (BTC) from a hacker who has […] …
Hot on the heels of Coinbase, New York-based rival crypto exchange Gemini could also be going public.
The post Gemini’s crypto exchange could join Coinbase in going public appeared first on CryptoSlate. …
TL;DR Breakdown: A German housing company issued a $24 million digital bond. It uses Stellar blockchain to facilitate an easy transfer of ownership rights to real assets. As Germany opens to embrace blockchain technology in the digitization of the finance department, a housing company in the country, Vonovia, has seized the opportunity to issue registered […] …
The Ethereum Network just can’t seem to get a handle on the massive gas fees it’s suffering. The network is quite literally too popular for […] …
After allocating over $1 billion in BTC, MicroStrategy will host a conference to educate corporations on how they can benefit from Bitcoin. …
The debate on Bitcoin being money or not rages on.
The post Here’s why these 10 crypto personalities say Bitcoin is the BEST money appeared first on CryptoSlate. …
Vitalik Buterin trust that social recovery wallets could help newcomers feel safer in a world where everyone wants to be their own bank. …
Wall street is busy today with rumors of Ex-CFTC chair Gary Gensler to be named new SEC lead by the current Biden government as reported by bloomberg. Gary Gensler is also a blockchain professor at MIT and comes with a good background in cryptocurrencies. Gary Admires Blockchain but supports Crypto Regulation Gary teaches a course
The post EX-CFTC Chair Gary Gensler Poised to be New SEC Lead, What to Expect for Bitcoin? appeared first on Coingape. …
Following a substantial drop over the recent weekend, the crypto market appears to be gearing up for a recovery. And PayPal is benefitting from it. […] …
Blockchain technology has often showcased its potential in positively disrupting most of the world’s industries, through the creation of inclusive, friction-free, and more efficient transactional ecosystems. Despite this, the technology is in no way ready for mass adoption, due to a plethora of challenges that currently affect it. These include limited scalability, difficult access to […] …
Six more members have been added into the Liquid Federation, the group in control and governing of the Liquid sidechain, which itself is a network […] …
The decentralized exchange traded over $222 million in the past day alone.
The post DeFi exchange 1inch reaches $10 billion in trading volumes appeared first on CryptoSlate. …
Velas, the high throughput blockchain focusing on decentralized applications, has been working hard to increase the underlying value the platform can provide to its end users. Following news of the Velas 3.0 ecosystem, which was unveiled in December, bringing new features and major improvements, Velas has another major announcement that will boost its platform usability. […] …
As crypto theft continues to be on the rise, there seems to be an imminent need to combat the chaos that faces the crypto market. Vitalik Buterin, the latest to speak about this matter, seems to have suggested a lasting solution to ‘crypto theft drama.’ Via a blog post on January 11, 2021, Buterin emphasized […] …
Is bitcoin in a liquidity crisis? The number of whales, BTC stored on exchanges, lost coins, and institutions allocating billions suggest so. …
This week Bitcoin surged above $40,000 while the entire cryptocurrency market capitalization surpassed the coveted $1 trillion mark for the first time. …
The price of Stellar XLM soared to as high as $0.39 on January 6.
The post Big gains for Stellar (XLM) as multiple banking settlement rumors proliferate appeared first on CryptoSlate. …
In a recent interview with CNBC’s Squawk Box, Galaxy Digital CEO and Wall Street veteran explains why Bitcoin has been the favorite for millennials and GenZ. He goes on to blame the governments and central banks for creating giant deficits and leaving no space for the current generation to make quality money. Interestingly, Novogratz blames
The post Mike Novogratz Blames Baby Boomers for the Recent BTC Adoption As Bitcoin Touches $38,400 appeared first on Coingape. …
Netizens in the departing decade have certainly been acquainted with the term “cryptocurrency” many times. Ever since a pseudo-user, Satoshi Nakamoto, came up with the new horizon-altering idea of moving finance beyond markets and borders in 2009, these digital currencies have only evolved and gotten better. The dice rolled pretty fast, and by 2010, many […] …
The trading volume of BTC futures on the Chicago Mercantile Exchange (CME) reached a new all-time high yesterday of over $2.7 billion. …
TL;DR Breakdown Bitcoin price prediction is beyond bullish territory as price touches all-time highs Bitcoin celebrates its twelfth birthday on January 3rd BTC/USD reached the zenith of $34,800 mark on the back of strong buying Correction towards $33,000 will help cool down technical indicators Bitcoin (BTC), the king of cryptocurrencies started the year off strong […] …
Bitcoin marked a new ATH today, but 2020 was overall great for the cryptocurrency despite the COVID-19 crashing the markets. Why is Bitcoin so bullish? …
Bitcoin is powering a Fintech giant’s revenues for this quarter, data released on Thursday showed.
The post $1.63B in Bitcoin purchases is powering the majority of Square’s Q3 revenues appeared first on CryptoSlate. …
Ampleforth (AMPL) was listed for both spot and perpetual contracts trading on FTX. Shortly after, the exchange experienced issues.
The post The Story Behind The Problematic Listing Of Ampleforth (AMPL) on FTX Exchange appeared first on CryptoPotato. …
China’s adoption of blockchain technology has been rampant, to say the least. Spurred by a government declaration to integrate the technology, both private and public […] …