Month: May 2020
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Demystifying Token Burns: What Are They and How They Work

Token burns are an increasingly popular topic of discussion among experienced cryptocurrency investors and traders. But despite this, few people actually know the purpose behind a practice that permanently destroys otherwise valuable coins and tokens for the good of the network. Here, we demystify one of the fundamental building blocks of controlled supply, helping you

Token burns are an increasingly popular topic of discussion among experienced cryptocurrency investors and traders. But despite this, few people actually know the purpose behind a practice that permanently destroys otherwise valuable coins and tokens for the good of the network. Here, we demystify one of the fundamental building blocks of controlled supply, helping you

bitcoin options 1 year futures expiry
Price Analysis
bitcoin options 1 year futures expiry
Price Analysis

Bitcoin Price Analysis: BTC/USD Explodes to $9,600, Can Bulls Take Down $10,000 Critical Level?

Bitcoin price extended breakout above the falling wedge pattern as bullish sentiments grew in the market. Bitcoin buyers have a mission to defend $9,500 support and focus on improving the technical picture in the near-term. Bitcoin price pushed above the falling wedge pattern I explored on Thursday. This extended the bullish action above the stubborn

Bitcoin price extended breakout above the falling wedge pattern as bullish sentiments grew in the market. Bitcoin buyers have a mission to defend $9,500 support and focus on improving the technical picture in the near-term. Bitcoin price pushed above the falling wedge pattern I explored on Thursday. This extended the bullish action above the stubborn

Maker Dao
Altcoin News
Maker Dao
Altcoin News

Coinbase Effect Hits Again As Maker [MKR] Soars Over 50% In A Day

Maker (MKR) became the latest cryptocurrency to soar on a Coinbase announcement after soaring over 500% in the past 24 hours, crossing the psychological resistance at $500. The Coinbase effect*, a phenomenon coined back in the 2017 bull market, is returning to the market giving an alt-season feel. However, tokens that have experienced the “Coinbase

Maker (MKR) became the latest cryptocurrency to soar on a Coinbase announcement after soaring over 500% in the past 24 hours, crossing the psychological resistance at $500. The Coinbase effect*, a phenomenon coined back in the 2017 bull market, is returning to the market giving an alt-season feel. However, tokens that have experienced the “Coinbase

IOTA DLT
Altcoin News
IOTA DLT
Altcoin News

Good News For IOTA Hodlers, Hornet 4.0 IOTA’s Lightweight Node To Launch In Early June

The release of IOTA’s lightweight node is expected to be out as early as next week. Dubbed the Hornet, the team said the new version (whose implementation is in Go—a programming language) will be easy to install, manage, and run. Most importantly, it will make the network more performant as it requires less resources and

The release of IOTA’s lightweight node is expected to be out as early as next week. Dubbed the Hornet, the team said the new version (whose implementation is in Go—a programming language) will be easy to install, manage, and run. Most importantly, it will make the network more performant as it requires less resources and

stock-market-listing
Altcoin News
stock-market-listing
Altcoin News

Coinbase Custody Adds Support for USDT, Why Is it a Big Deal for Crypto Markets?

On Friday, Coinbase Custody rolled out support for Ethereum-based USDT (Tether). Currently, it supports three stablecoins USDC, DAI and Compound USD. ‘Coinbase effect,’ is a popular term in the crypto markets to explain the rise in the price of cryptocurrencies on the exchange listing. In the last 10 days, the addition of two cryptocurrencies MakerDAO

On Friday, Coinbase Custody rolled out support for Ethereum-based USDT (Tether). Currently, it supports three stablecoins USDC, DAI and Compound USD. ‘Coinbase effect,’ is a popular term in the crypto markets to explain the rise in the price of cryptocurrencies on the exchange listing. In the last 10 days, the addition of two cryptocurrencies MakerDAO

CMC
Bitcoin News
CMC
Bitcoin News

CoinMarketCap Alters Ranking System for Crypto Exchanges

The most visited website for cryptocurrency investors and enthusiasts, CoinMarketCap, implemented a revamp of the ranking of market pairs. The new system will essentially change the order for exchanges with the removal of “adjusted volume” in place of a “Confidence” and liquidity indicators for each market pair. The new ranking of crypto pairs will be

The most visited website for cryptocurrency investors and enthusiasts, CoinMarketCap, implemented a revamp of the ranking of market pairs. The new system will essentially change the order for exchanges with the removal of “adjusted volume” in place of a “Confidence” and liquidity indicators for each market pair. The new ranking of crypto pairs will be

bitmex
Press Release
bitmex
Press Release

BitMEX Exchange Increases “Spam Order” Threshold To Prevent Malicious Spam Trading

BitMEX exchange announces a 300 percent increase to its spam order value. The latest increase will reduce the number of spams on the exchange, improving the exchange’s trading experience. In an announcement released on its official Telegram page, Bitcoin futures exchange, BitMEX, announced an increase in the spam order threshold value. The minimum value of

BitMEX exchange announces a 300 percent increase to its spam order value. The latest increase will reduce the number of spams on the exchange, improving the exchange’s trading experience. In an announcement released on its official Telegram page, Bitcoin futures exchange, BitMEX, announced an increase in the spam order threshold value. The minimum value of

Bitcoin BTC Crypto
Price Analysis
Bitcoin BTC Crypto
Price Analysis

Bitcoin Futures Open Interest Retests Pre-March Collapse Levels

Bitcoin (BTC) failed to break key resistance at $9,700 earlier on Friday, May 29, 2020, retracing back to current levels at $9,400 with the May 2020 option contracts expected to expire this Friday. Despite the retracement, the top cryptocurrency signals a possible recovery with BTC perpetual Futures open interest hitting levels last seen before the

Bitcoin (BTC) failed to break key resistance at $9,700 earlier on Friday, May 29, 2020, retracing back to current levels at $9,400 with the May 2020 option contracts expected to expire this Friday. Despite the retracement, the top cryptocurrency signals a possible recovery with BTC perpetual Futures open interest hitting levels last seen before the

tezos gains all-time high
Price Analysis
tezos gains all-time high
Price Analysis

Tezos Chart Analysis: XRZ/USD Focused On Breaking Range Resistance As $3.0 Draws Nigh

Tezos targets the range resistance at $3.00 after bouncing upwards from $2.50. Tezos could follow Bitcoin’s surge to $10,000 in order to bring down resistances at $3.00 and $3.50. Tezos is among the best-performing cryptocurrencies in the market on Friday. However, it still trails Cardano (ADA) with its over 17% growth in the last 24

Tezos targets the range resistance at $3.00 after bouncing upwards from $2.50. Tezos could follow Bitcoin’s surge to $10,000 in order to bring down resistances at $3.00 and $3.50. Tezos is among the best-performing cryptocurrencies in the market on Friday. However, it still trails Cardano (ADA) with its over 17% growth in the last 24

litecoin-bitcoin-transaction
Altcoin News
litecoin-bitcoin-transaction
Altcoin News

Bitcoin Forks [BCH and BSV] Transfer More Spam Than Litecoin, Argues David Schwartz

While Bitcoin [BTC] continues to strengthen as a Store of Value, the high fees continue to be a worrying signal for adoption. As the original idea of currency is moving to second layer solutions with Liquid and Lightning Network, the case for payment-based cryptocurrencies grows stronger. The volume of value transfers on a blockchain can

While Bitcoin [BTC] continues to strengthen as a Store of Value, the high fees continue to be a worrying signal for adoption. As the original idea of currency is moving to second layer solutions with Liquid and Lightning Network, the case for payment-based cryptocurrencies grows stronger. The volume of value transfers on a blockchain can

Press Release
Press Release

Tether Gold (XAUT) Now Available to Buy via Simplex Using Credit & Debit Cards, on Celsius Network

As of today, anyone using Celsius network can purchase XAUt in the app with as little as $50! Purchase the world’s leading gold token, Tether Gold, using any debit or credit card and pay no premiums. Then earn 4% in gold each year by keeping the bought XAUt with Celsius New York, May 28, 2020

As of today, anyone using Celsius network can purchase XAUt in the app with as little as $50! Purchase the world’s leading gold token, Tether Gold, using any debit or credit card and pay no premiums. Then earn 4% in gold each year by keeping the bought XAUt with Celsius New York, May 28, 2020

bitcoin
Bitcoin News
bitcoin
Bitcoin News

“Not A Viable Investment Rationale” Goldman Sachs On Cryptocurrencies And Bitcoin

Hedge funds may find cryptocurrencies like Bitcoin appealing because of their high volatility but that doesn’t constitute a viable investment rationale. This is what a Goldman Sachs official concluded during a client-facing call on May 27, 2020 effectively dismissing digital currencies as a worthwhile and emerging class that deserves to be considered. Following their conclusion, Bitcoin

Hedge funds may find cryptocurrencies like Bitcoin appealing because of their high volatility but that doesn’t constitute a viable investment rationale. This is what a Goldman Sachs official concluded during a client-facing call on May 27, 2020 effectively dismissing digital currencies as a worthwhile and emerging class that deserves to be considered. Following their conclusion, Bitcoin

No Picture
Uncategorized
No Picture
Uncategorized

XYO Price Prediction: A Bleak Future In The Offing For XYO, Free-fall To $0.000010 By 2025?

XYO Foundation continues to revolutionize the world of travel by connecting cars, drivers, and smartphones to precise geospatial location data. XYO could gain value massively in the next ten years but projections by 2025 hint on a continued downtrend. Introduction: XYO is the network whose sole purpose is to make your driving experience anywhere across

XYO Foundation continues to revolutionize the world of travel by connecting cars, drivers, and smartphones to precise geospatial location data. XYO could gain value massively in the next ten years but projections by 2025 hint on a continued downtrend. Introduction: XYO is the network whose sole purpose is to make your driving experience anywhere across

bitcoin
Bitcoin News
bitcoin
Bitcoin News

After Goldman Sachs, a Swiss Securities Firm Invests to Draw Institutional Grade Investors to Bitcoin

The operator of the Swiss securities exchange, the SIX group, is leading a $14 million Series A funding for a 12 percent stake in Omniex, a San Francisco-based provider of trading infrastructure suitable for institutional grade investors. Although this will be the second time the group is announcing their interest in Omniex, this time other

The operator of the Swiss securities exchange, the SIX group, is leading a $14 million Series A funding for a 12 percent stake in Omniex, a San Francisco-based provider of trading infrastructure suitable for institutional grade investors. Although this will be the second time the group is announcing their interest in Omniex, this time other

Bitcoin Halving
blog
Bitcoin Halving
blog

Bitcoin Trading Interest On A Rise All Thanks To Recent Bitcoin Halving

Bitcoin Halving refers to an event that occurs roughly every 4 years when the reward given to miners for unlocking a block is halved. The creator of Bitcoin, Satoshi Nakamoto, has written halving into Bitcoin’s code in order to manage inflation. The latest Bitcoin halving took place last week, on May 11, when the reward

Bitcoin Halving refers to an event that occurs roughly every 4 years when the reward given to miners for unlocking a block is halved. The creator of Bitcoin, Satoshi Nakamoto, has written halving into Bitcoin’s code in order to manage inflation. The latest Bitcoin halving took place last week, on May 11, when the reward

Ethereum
Price Analysis
Ethereum
Price Analysis

Ethereum Price Analysis: Can This Moving Average Hold After ETH/USD Bounce From $210?

ETH/USD hit a snag short of $210 after extending gains from $200 on Wednesday. ETH/USD could easily fall into the hands of the bears if the 100 SMA support is broken. Ethereum is trying hard to hold above the 100 Simple Moving Average ($204.24) support after retreating from intraday highs around $209. From Monday this

ETH/USD hit a snag short of $210 after extending gains from $200 on Wednesday. ETH/USD could easily fall into the hands of the bears if the 100 SMA support is broken. Ethereum is trying hard to hold above the 100 Simple Moving Average ($204.24) support after retreating from intraday highs around $209. From Monday this

craig sellars tether founder
Stablecoin News
craig sellars tether founder
Stablecoin News

Tether Founder Shares How Goldman Sachs Shrugged off USDT Back in 2015

Tether founder, Craig Sellars, shares an interesting story of a billion-dollar opportunity missed by Goldman Sachs. In the aftermath of the Goldman Sachs report on Bitcoin and Gold, Crypto Twitter goes gaga over what was intended to be criticism. Leading Bitcoiners slammed their view and the general consensus was that the multi-national bank was attempting to mislead.

Tether founder, Craig Sellars, shares an interesting story of a billion-dollar opportunity missed by Goldman Sachs. In the aftermath of the Goldman Sachs report on Bitcoin and Gold, Crypto Twitter goes gaga over what was intended to be criticism. Leading Bitcoiners slammed their view and the general consensus was that the multi-national bank was attempting to mislead.

btc
Bitcoin News
btc
Bitcoin News

Not Satoshi, But Craig Wright Still Threatens a Bitcoin Dump in Billions?

Craig Wright might not be Satoshi, but does he still have the power to dump on the market? In the most recent filing of the Ira Klieman Vs. Craig Wright court case, the plaintiff has moved for a Motion of Sanction. Klieman has moved to penalize Wright and his legal counsel for making false claims

Craig Wright might not be Satoshi, but does he still have the power to dump on the market? In the most recent filing of the Ira Klieman Vs. Craig Wright court case, the plaintiff has moved for a Motion of Sanction. Klieman has moved to penalize Wright and his legal counsel for making false claims

Bitcoin
Price Analysis
Bitcoin
Price Analysis

Bitcoin Price Analysis: Falling Wedge Breakout Catapults BTC/USD Towards $9,500

Bitcoin price breakout hits a wall within a whisker of $9,300 as bears swing in action for revenge. BTC/USD could renew bullish momentum if the 50 SMA widens the gap above the 100 SMA in the short term. Bitcoin price exploded in brief gains on Wednesday following a recent dip from highs above $9,500 to

Bitcoin price breakout hits a wall within a whisker of $9,300 as bears swing in action for revenge. BTC/USD could renew bullish momentum if the 50 SMA widens the gap above the 100 SMA in the short term. Bitcoin price exploded in brief gains on Wednesday following a recent dip from highs above $9,500 to

goldman sachs bitcoin
Bitcoin News
goldman sachs bitcoin
Bitcoin News

Top Crypto Analysts Slam Goldman Sachs Wild Bitcoin Calls; Price Spikes Past $9,100

The crypto Twitter space is on a ravaging fire, as Goldman Sachs report dismisses Bitcoin’s value as an asset class for investors. The negative attention from the big-four bank, however, has not scared the bulls with the price of BTC/USD soaring into the $9,100 resistance levels in the early hours of New York’s trading desk

The crypto Twitter space is on a ravaging fire, as Goldman Sachs report dismisses Bitcoin’s value as an asset class for investors. The negative attention from the big-four bank, however, has not scared the bulls with the price of BTC/USD soaring into the $9,100 resistance levels in the early hours of New York’s trading desk