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Zero Collateral: $138 Million in Defi Flash Loans Issued in 24 Hours
30.7.2020
The decentralized finance (defi) realm continues to heat up with concepts like yield farming, but another scheme called defi flash loans has also grown exponential. On Monday, the noncustodial lending protocol Aave issued $138 million in loans with zero collateral. Since the last week of June, defi...
Iranian Authorities Greenlight Power Plants Mining Bitcoin
30.7.2020
According to Iranian authorities, power plants can mine cryptocurrencies like Bitcoin, but will not be able to take advantage of subsidies
Privacy-Enhancing Protocol Cashfusion Completes Security Analysis
30.7.2020
Just a few days prior to the Bitcoin Cash anniversary, BCH fans found out that the Cashfusion audit from Kudelski Security is now complete. Electron Cash engineer Jonald Fyookball announced the audit was finished and said the protocol “passed, mostly with flying colors.” Last February...
Fidelity Calls Bitcoin an ‘Aspirational’ Store of Value and an ‘Insurance Policy’
30.7.2020
Bitcoin is an aspirational store of value according to Fidelity Digital Assets
Bitcoin Tops $11,000 Reigniting Interest in India
30.7.2020
A resurgent bitcoin is rekindling Indian interest in cryptocurrencies with reports suggesting many dormant holders are back to trading. A report in Livemint is also attributing the piqued interest to a recent Indian supreme court decision to overturn a prohibition that barred banks from dealing...
More Ether Holders Are in Profit Than There Are BTC Addresses in Total
30.7.2020
Ethereum addresses in profit now exceed the total number of addresses with a Bitcoin balance
Bitcoin Is a Better Hedge Against USD Than Gold
30.7.2020
Enjoying a stronger negative correlation with the U.S. dollar than gold, Bitcoin may start to present a more attractive alternative to both in the eyes of the investors
Novogratz: Global ‘Liquidity Pump’ Will Keep Bitcoin Rising, Price to Hit $20K This Year
30.7.2020
Billionaire investor Michael Novogratz said global “liquidity pump” from stimulus packages will keep driving bitcoin’s price higher. He expects the price of bitcoin to reach $20,000 this year, fueled by retail investors shifting to the cryptocurrency. Mike Novogratz’s...
Winklevoss Twin: Next Bitcoin Bull Run Will Be ‘Dramatically Different’
29.7.2020
Billionaire investor and Gemini founder Cameron Winklevoss says the next Bitcoin bull run will be “dramatically different.”
Maturity of the Crypto Derivatives Market Attracting More Institutional Investors
29.7.2020
Bybit exchange’s CEO believes maturity of the crypto derivatives market plays an important role in attracting more institutional investors
Stablecoin On-Chain Activity Explodes as Bitcoin Breaks $11K
29.7.2020
The on-chain activity for market-leading stablecoins Tether, DAI and USDC exploded as Bitcoin breached the $11,000 plateau
Market Wrap: Bitcoin Sticks to $11,000; Derivatives, DeFi Keep Growing
29.7.2020
The cryptocurrency markets are finally heating up in July
Russian Roulette: Central Bank Calls Crypto Investment ‘Gambling’
29.7.2020
The crypto-skeptic Russian Central Bank (CB) has taken another swipe at crypto – equating investment in digital tokens to “playing roulette” or investing in “pyramid schemes.” Meanwhile, some experts have suggested that new Russian “suspicious funds” seizure laws could be applied to crypto...
The Onecoin Debacle: Indictments Unsealed, 2 Dead in Mexico, Story Gets ‘Darker’
29.7.2020
The Onecoin fiasco is still making headlines these days as a number of alleged money laundering companies were exposed on July 25, two Onecoin leaders were recently killed in Mexico, and the British author Jamie Bartlett revealed a new “Missing Cryptoqueen” episode is coming soon....
Recent Bitcoin Rally Pushes ‘Addresses in Profit’ to 93%
29.7.2020
August 2019 was the last time this many bitcoin addresses were in profit
Bitcoin Scaling Tech Could Have Saved Companies and Users $500M in Fees: Report
29.7.2020
Implementing transaction batching and SegWit could have saved bitcoin companies and users $500 million in fees – if they'd just use the technology
Cake DeFi: A One-Stop Shop for Generating Yield
29.7.2020
Cake DeFi, a platform that allows users to generate cash flow through pooled masternode staking and options lending, has created a platform with a clean user interface that allows anyone from the novice to the time-starved investor, to start earning interest on their cryptocurrency with a couple...
Crypto Scammers Turn Toward Terrorism With A Japanese Bomb Threat
29.7.2020
A government building in Hokkaido received a bomb threat from a group of crypto terrorists
Federal Reserve Keeps Rates Close to Zero, Continues Buying Treasuries
29.7.2020
The Federal Reserve said Wednesday that it would hold benchmark U.S. interest rates close to zero and continue buying Treasury bonds to support the coronavirus-devastated economy
Price Analysis 7/29: BTC, ETH, XRP, BCH, BSV, ADA, LTC, CRO, BNB, EOS
29.7.2020
Bitcoin and most altcoins could consolidate for a couple of days before resuming their uptrend