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Bitcoin and Altcoins Bulls Defending Crucial Breakdown Supports
9.9.2020
Bitcoin price is trading in a crucial range below the USD 10,400 and USD 10,500 resistance levels. BTC bears made another attempt to clear the USD 10,000 support. However, the bulls defended losses below USD 10,000 and the price is currently (08:30 UTC) trading well above the USD 10,000...
Polkadot Token Faces Decisive Moment As It Settles In The Top 10 Club
8.9.2020
Polkadot (DOT), a shared protocol focused on “true [blockchain] interoperability” and one of the top 10 ICOs of 2017, trimmed its losses from last week over the weekend, with technical analysis suggesting the sell-off may be over for now.
As of press time on Tuesday (10:22 UTC), DOT was still down...
Bitcoin Bull Tim Draper Finds Himself In Bitcoin Cash Shilling Mystery
8.9.2020
There is a reason to doubt that it was in fact the well-known US-based venture capital investor and Bitcoin (BTC) enthusiast Tim Draper who was recently promoting Bitcoin Cash (BCH) on Twitter. A twist in the story is that it might've been a hacker all along, while others suspect a paid post gone...
Seoul Police Conduct Second Raid on Crypto Exchange Bithumb
8.9.2020
Police in Seoul, South Korea, have conducted a second raid in the space of just five days on Bithumb, the country’s market-leading crypto exchange.
Per media network KBS, the Seoul Metropolitan Police Agency’s intelligence unit said that it had raided two offices belonging to Bithumb – including...
S Korean Gov’t: Stay Away from Crypto Meetups or Risk Coronavirus Flare-up
8.9.2020
The South Korean government has warned members of the public not to attend crypto-themed meetups amid escalating coronavirus fears – but added that citizens should also be aware of potential fraud risks at crypto gatherings.
Per Segye Ilbo, a number of crypto-related “investment briefing sessions”...
Crypto Listing and Delisting Announcements: Week 36
7.9.2020
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know...
Insight into China’s CBDC after Digital Yuan Wallet Briefly Went Live
7.9.2020
Experts have been looking into a soft-launched digital yuan wallet that went live briefly late last month – and said they have uncovered important technical details, and possible usage scenarios.
The state-owned China Construction Bank (CCB), one of the biggest commercial banks in the world...
Crypto Market Sentiment Unchanged; Tether and Tron Win the Week
7.9.2020
The combined moving 7-day average crypto market sentiment score (sentscore) for the top 10 coins by market capitalization recovered very little over the course of the past week. It went up from 5.48 seen last week to 5.55 recorded today, according to crypto market sentiment analysis service...
Chainlink, Binance Coin Weekend Rally Stalls On Monday
7.9.2020
On Monday, chainlink (LINK) and binance coin (BNB) corrected some of their gains gathered in a post-crash rally this past weekend.
While BNB jumped by around 20% in a matter of three hours yesterday, LINK increased by 35% during the weekend. At pixel time, (11:28 UTC), LINK corrected some of...
Bitcoin and Altcoins Remain At Risk Of Further Correction
7.9.2020
This past week, we saw a strong decline in bitcoin price below USD 11,000 and USD 10,500. BTC even dived below USD 10,000 briefly. It is currently (08:30 UTC) consolidating losses and facing many major hurdles on the upside near USD 10,350, USD 10,450, and USD 10,500.
Similarly, most major altcoins...
Private Software Firm Says It Is Working on China’s CBDC Project
5.9.2020
Another Chinese private sector company has admitted it is working with the nation’s central bank on its rapidly expanding digital currency pilot project – the second private firm to make such a claim this week.
Per NetEase, a mobile pay software provider named Weifutong Technology has revealed...
Binance Coin is Undervalued, KuCoin Shares Overvalued - TokenInsight
4.9.2020
Certain exchange platform tokens like binance coin (BNB) are undervalued, while others, like kucoin shares (KCS) are overvalued, according to the latest report by token data and rating agency TokenInsight. Some, however, have 'left' their grade at the time of the writing.
The report noted that...
Brazil Dips a Cautious Toe in the CBDC Pool, Token May Debut in 2022
4.9.2020
Brazil has become the latest nation to unveil plans for a central bank digital currency (CBDC), and may unveil the digital real in two years’ time – but the token’s would-be architects added an all-too-familiar, non-committal caveat.
Per an official release from the Banco Central do Brazil (BCB)...
Tron Wins the Daily Market as JustSwap Shows Arguable Volume Change
2.9.2020
Justin Sun. Source: a video screenshot, Youtube, Praxis Media Group
Tron network's native coin TRX is continuing its rally, reaching the coveted spot of the top daily performer among the top 40, as well as the top weekly performer among the first 20 coins by market capitalization. This comes...
As 'Apathy Towards Privacy' Prevails, This Firm Says It Can Track Monero
1.9.2020
While claims that US crypto intelligence firm CipherTrace can track transactions in monero (XMR), the most popular privacy coin, was met with skepticism, other analysts warned about "user apathy towards privacy."
Yesterday, CipherTrace announced what it calls as the world’s first...
Bermuda and Stablehouse Join Forces To Launch New Stablecoin
1.9.2020
The government of Bermuda has teamed up with stablecoin platform Stablehouse to launch a test pilot program for a stablecoin, which the territory calls a digital stimulus token, allowing purchases of food and other essential products, as well as services from participating merchants and retailers....
ADA Rallies After Founder Says He Is 'Very Obsessed with DeFi'
1.9.2020
Charles Hoskinson. Source: a video screenshot, Youtube/Charles Hoskinson
Despite smart contract rival Ethereum (ETH) already dominating the space, Cardano (ADA) founder Charles Hoskinson hinted strongly that decentralized finance (DeFi) is an area of intense focus for Cardano, saying in a live...
Coin Race: Top Winners/Losers of August; Chainlink Up Most, BSV Least
1.9.2020
Was August a good month? Depends on which coin you ask. For many in the wider market, it was an excellent month, yet for many in the top 10 coins by market capitalization, the month ended in red.
August was a month filled with decentralized finance (DeFi) developments, particularly in the yield...
Tron Soars as Genesis Mining of New SUN Tokens is Confirmed
1.9.2020
As Justin Sun’s plan of driving more decentralized finance (DeFi) projects to the Tron blockchain moves one step forward, Tron’s native token TRX stands out as one of today’s top performers in the crypto market.
As of 9:00 UTC today, TRX was up by nearly 14.5% over the past 24 hours, trading at...
Crypto Listing and Delisting Announcements: Week 35
31.8.2020
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know...