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Coinbase Now Offers 2% Rewards on Dai Stablecoin Accounts

29.7.2020
The program applies to customers residing in the U.S., U.K., The Netherlands, Spain, France and Australia

Bitcoin News Roundup for July 29, 2020

29.7.2020
With the battle for CBDC dominance in the East heating up and smart contract use skyrocketing as Ethereum turns five, CoinDesk's Markets Daily is back with another news roundup

Can XRP Price Follow Bitcoin and Hit $0.30? Watch These Key Levels

29.7.2020
XRP price may see a surge to $0.30 if these key resistance levels and Bitcoin price remains relatively stable in the near term

Binance Australia Is Actually Run by the Founders of TravelbyBit

29.7.2020
CoinDesk has discovered Binance Australia is operated by InvestbyBit, a company that shares directors with tourist crypto payments provider, TravelbyBit

Bitcoin Looks Overbought But Analysts Play Down Drop Fears

29.7.2020
Bitcoin's rally looks overstretched, according to a technical indicator, but short-term price consolidation looks more likely than a drop, say analysts

First Mover: Crypto Traders ‘Greedy’ as Goldman Warns on Dollar

29.7.2020
As the dollar faces a diluted world status, cryptocurrencies like ether and bitcoin are soaring, with a popular sentiment index now registering "greed."

Why DeFi on Ethereum Is Like Algorithmic Trading in the ‘90s

29.7.2020
DeFi's surge has created an interesting dynamic: Traditional fund managers are beginning to experiment with what decentralization has to offer

Ethereum Turns 5 But ETH Price Vs. Bitcoin Never Recovered Since 2018

29.7.2020
The Ethereum network is turning five years old, but ETH price performance versus Bitcoin leaves something to be desired

Pantera Capital Leads $2.6M Seed Round for DEX Protocol Injective

29.7.2020
The protocol, incubated by Binance Labs, sets out to solve some of the issues facing users of decentralized exchanges

Peter Schiff: Gold ‘Harder to Confiscate’ Than Bitcoin as Searches Spike

29.7.2020
Schiff makes some controversial assertions about gold’s prowess as mainstream interest in both gold and Bitcoin surges

Ethereum Price Creates GPU Shortage, Some Manufacturers Blame Nvidia

29.7.2020
During the last four weeks, cryptocurrency markets have gathered significant value, and the crypto asset ethereum gained over 40% during the last 30-days. The price of ether moving northbound has caused a strain on the graphics processing unit (GPU) market, as ETH miners have become scarce....

Bakkt Futures Volume Hits $122 million, as Bitcoin Reached New 11-Month High

29.7.2020
Volumes on bitcoin futures offered by Bakkt set a record high on July 27, with 11,500 contracts traded on the institutional exchange. Altogether, the contracts are worth about $126 million, at the time of writing. Each contract is equivalent to one bitcoin (BTC). Total open interest –...

Bulls Control Bitcoin Price Even as Funding Rates Reach Record Highs

29.7.2020
As Bitcoin rallied through $10K, derivatives markets started to show signs of excessive leverage but the market remains tilted toward bulls

Coinbase Sees More Institutional Investors Buying Bitcoin in H1

29.7.2020
Coinbase says more institutional investors are now using its platform to build direct positions in the cryptocurrency market. Crypto fund managers are now getting more backing from institutional investors that see the crypto market as an alternative investment strategy. In a report, the exchange...

5 Years After Launch, Predictions Market Platform Augur Releases Version 2

29.7.2020
Augur v2 has all the bells and whistles: Interplanetary File System (IPFS), 0x Mesh, MakerDAO’s dai and Uniswap’s v2 oracle network

Market Wrap: Bitcoin’s Price and Ether’s Dominance Sit at 2020 Highs

28.7.2020
The two biggest cryptocurrencies are hitting 2020 highs, though for different reasons

Swiss Exchange SIX Lists Actively Managed Bitcoin Exchange-Traded Product

28.7.2020
Switzerland’s principal stock exchange SIX Swiss Exchange is listing a new bitcoin exchange-traded product (ETP). The BTCA index, otherwise known as the “Bitcoin Capital Active ETP (BTCA),” is different from other crypto ETPs exchanged on SIX because it’s an “actively...