blockchain

World Economic Forum to host cryptocurrency discussions at Davos this week

The International Organization for Public-Private Cooperation has been vocal about its stance on the burgeoning crypto market.
The post World Economic Forum to host cryptocurrency discussions at Davos this week appeared first on CryptoSlate. …

blockchain

Institutional Investors not enough to save the Bitcoin market- JP Morgan

TL;DR Breakdown Ethereum’s current campaign adversely affects Bitcoin The low number of institutional investors hinders Bitcoin’s rise. Bitcoin’s market share reduces. JP Morgan Chase and Co, a Wall Street bank stated that the amount of institutional investors is not enough to return Bitcoin to its all-time high. JP Morgan, a full investment company stated that […] …

blockchain

Ethereum (ETH) rockets to new all-time high despite apathy in Bitcoin price

Ethereum just rocketed to a new all-time high despite the apathy in the Bitcoin price, which fell toward $30,000 on Sunday morning.
The post Ethereum (ETH) rockets to new all-time high despite apathy in Bitcoin price appeared first on CryptoSlate. …

blockchain

Music star Soulja Boy stakes on crypto

TL;DR Breakdown Soulja Boy invests in six different crypto coins Rapper advised floating own collectible Popular American Music star DeAndre Cortez Way, professionally called Soulja Boy, has asked his followers to invest more in cryptocurrencies. The music star advised his fans to buy Dogecoin and told his fans that he just bought some BNB, DGB, […] …

blockchain

After brief cheers, U.S. banks are back to bashing Bitcoin again

Some US banks have restarted their outrage against Bitcoin even as others have warmed up to the asset in the past year.
The post After brief cheers, U.S. banks are back to bashing Bitcoin again appeared first on CryptoSlate. …

blockchain

Debunking ‘Bitcoin is a Bubble’ hoax: Stop waiting for a catastrophic crash

Mainstream financial analysts are not yet done with the ‘Bitcoin is a bubble’ narrative to label the cryptocurrencies as a fad. Over the years, BTC skeptics have shown disdain for Bitcoin’s ability to power financial services and replace traditional currencies effectively. Even though a complete crypto takeover of the financial industry won’t happen any time […] …

blockchain

MicroStrategy just added $10 million in BTC to its billion-dollar Bitcoin bags

They say dips are for buying, and that’s the approach being taken by one NASDAQ listed software firm.
The post MicroStrategy just added $10 million in BTC to its billion-dollar Bitcoin bags appeared first on CryptoSlate. …

blockchain

Iranian hackers use cryptojacker to bypass sanctions, says report

Cybersecurity firm SophosLabs has traced MrbMiner, a new cryptojacking virus that primarily targets powerful database servers, back to a small software company in Iran, according to a report published yesterday.
The post Iranian hackers use cryptojacker to bypass sanctions, says report appeared first on CryptoSlate. …

blockchain

Bithumb Global Along with Clover Plan to Disrupt DeFi?

In the last year, decentralized finance, or DeFi, has rapidly grown to become one of the most promising use cases for blockchain technology and has benefitted from an explosion in innovation, as more projects and developers double down on their DeFi efforts. Until recently, these efforts were primarily concentrated on the Ethereum blockchain — since […] …

blockchain

Meet the Startups Merging Blockchain and Real-World Assets

One of the holy grails of blockchain technology has always been the potential for it to support the tokenization of real-world assets, allowing users to send, receive, and exchange the ownership rights to physical goods just as easily as making a Bitcoin transaction.  But in the more than a decade that blockchain-based platforms have been […] …

blockchain

How Phala Network is bringing on-chain privacy to the Polkadot (DOT) ecosystem

The burgeoning Polkadot ecosystem is getting yet another huge use case to its ever-expanding suite of innovative products.
The post How Phala Network is bringing on-chain privacy to the Polkadot (DOT) ecosystem appeared first on CryptoSlate. …

blockchain

Former Ripple advisor to become US ‘Comptroller of the Currency’ under Joe Biden

The new administration is said to be more crypto friendly than the outgoing Trump government.
The post Former Ripple advisor to become US ‘Comptroller of the Currency’ under Joe Biden appeared first on CryptoSlate. …

blockchain

Crypto may get a new lifeline under Joe Biden’s administration

TL; DR Breakdown President Joe Biden has suspended all new and pending regulatory policies. Joe Biden has appointed some crypto proponents to powerful offices. There’s a new resident in the US White House, and the crypto market seems to be poised to score big from that fact. Over the last few weeks, many have expressed […] …

blockchain

Polkadot price prediction: DOT moves back towards the $15 support

TL;DR Breakdown  DOT/USD continues moving in a range.  Polkadot has retraced once again.  Closest support around $15. Previous Polkadot price prediction has proven accurate as the price of DOT retested the $17.5 resistance. Since then, DOT has moved lower once again and trades at $16. Cryptocurrency heat map by Coin360 The overall crypto market continues […] …

blockchain

Why Joe Biden’s presidency could be a fresh start for crypto

The Biden administration’s first decisions and appointments look promising for the crypto industry as a whole so far.
The post Why Joe Biden’s presidency could be a fresh start for crypto appeared first on CryptoSlate. …

blockchain

FinCEN’s crypto wallet regulations frozen by President Biden

TL;DR Breakdown Joe Biden orders all federal agencies to suspend all regulatory processes. FinCEN had earlier proposed that all crypto wallets enforce KYC rules. Members of the crypto community show support for the new President’s order. United States President, Joe Biden, has ordered all federal agencies to suspend all regulatory processes for the next 60 […] …

blockchain

Ripple looks to new administration to take U.S. blockchain industry forward

Team Ripple lets us know what to expect from cryptocurrency and blockchain technology going into 2021.
The post Ripple looks to new administration to take U.S. blockchain industry forward appeared first on CryptoSlate. …

blockchain

TradingView Launches ‘Bitcoin Timeline’ to Show BTC Price Changes With Events

Popular cryptocurrency trading platform TradingView has added a new feature known as the Bitcoin Timeline. The feature shows Bitcoin’s price changes with events that very likely led to the price change. The unveiled chart currently shows events of the last 10 years that may have affected the price of Bitcoin on its way up. Speaking […] …

blockchain

Incoming Wave Could See Bitcoin Lose 50% Of Its Current Price Or Spiral In Gains

Bitcoin has had an interesting run this past week. Although failing to reclaim the $42,000 high, it still remains promising as analysts observe an incoming volume around the $35k level. The digital asset is currently trading at a press time price of $34,915, a lower correction from last week’s $37,394 high. Bitcoin has been facing […] …

blockchain

Ripple and BitGo move XRP worth $71.7 million USD

TL;DR Breakdown Ripple moves 200 million XRPs from its escrow wallet. PornHub still uses XRP as a payment option on its site. Whale alert have reported that the parent company of XRP, Ripple, has moved 200 million XRPs from its escrow wallet to another of its wallets earlier today. The firm was not alone in […] …

blockchain

Venture investor explains why Ethereum is poised to blow past its $1,450 high

Ethereum has been moving higher after flatlining in the $1,150-1,250 range over the past week.
The post Venture investor explains why Ethereum is poised to blow past its $1,450 high appeared first on CryptoSlate. …

blockchain

Here are the US Treasury proposals for Bitcoin and ‘virtual currency’ wallets

They don’t seem very promising, despite the crypto industry’s rapid growth in the past year.
The post Here are the US Treasury proposals for Bitcoin and ‘virtual currency’ wallets appeared first on CryptoSlate. …

blockchain

Ripple lawsuit: Former SEC commissioner questions purpose

TL:DR Breakdown Joseph Grundfest questions why SEC filed a lawsuit against Ripple Grundfest explains why lawsuit is unnecessary A former SEC commissioner Joseph Grundfest has questioned the purpose of the Ripple lawsuit filed by American regulators, Security and Exchange Commission (SEC). According to John Deaton, a crypto lawyer, he claimed Joseph Grundfest warned the SEC […] …

BitMart Published Cryptos of the Year Report on Top 10 Altcoins For 2021

[PRESS RELEASE – Please Read Disclaimer] BitMart, a premier global digital assets trading platform, today announced its release of Cryptos of the Year 2020 Report. This report sheds light on ten altcoins listed on BitMart worth investors’ attention in the new year. The list recognizes outstanding projects that defined the year in blockchain, and thought […] …