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- Ripple Snaps XRP Sales Slump With $33M of the Crypto Sold in Q2
XRP sales had slumped ever since Ripple paused programmatic sales during Q3 2019. ... [read more]13 hours ago - Rage Against the Economic Machine: The Best of the Breakdown July 2020A recap show on wealth inequality, stock markets and taking it back featuring Jill Carlson, Michael Krieger, Daniel Lacalle, George Gammon and more. ... [read more]14 hours ago
- Has Trump Silenced SEC?
The Securities and Exchanges Commission (SEC) has been somewhat quiet recently. They’re still going after harmless centralized apps in an attempt to enforce monopolies on stock trading, but they’ve stayed ... [read more]14 hours ago - Travala.com Adds Agoda Hotels, Posts Record July Revenue as Crypto Payments SoarThe Binance-backed travel agency brought in $400,000 in July, a 100% increase from the month before. ... [read more]15 hours ago
- Matic Pledges $5M in Tokens to Entice DeFi Projects Into Building on Its NetworkMatic wants its incubator fund to incentivize promising DeFi projects to build on its scalable sidechain, rather than directly onto Ethereum itself. ... [read more]15 hours ago
- Bitcoin Flash Crash Explained, And How To Prepare For The Unpredictable
Overnight on Saturday, in the late hours of the night, Bitcoin price flash crashed by over 10% and $1,400 in just ten minutes. But what caused such a massive crash in the cryptocurrency, and how can investors and traders prepare for such an unpredictable event? 3/10 The moment BTC ... [read more]16 hours ago - Decentralized Defi Oracle Debuts on Gnosis Dex
Decentralised Information Asset (DIA) is currently holding a token sale on the Gnosis protocol for the initial distribution of a staking token in a decentralized oracle feeds system. “What makes ... [read more]17 hours ago - Institutional Traders on the CME are Still Bearish on Bitcoin; Here’s Why
Bitcoin has been caught within the throes of a firm and unwavering bull trend throughout the past few weeks. After hovering within the lower-$9,000 region for over a month, the crypto’s breakout rally sent it as high as $12,000 this past weekend, at which point it met some insurmountable resistance. ... [read more]17 hours ago - Bitcoin News Roundup for August 3, 2020After a flash-crashy weekend, CoinDesk's Markets Daily is back with your quick daily update. ... [read more]17 hours ago
- Electric Capital’s New $110M VC Fund Is 90% InstitutionsCrypto VC firm Electric Capital has closed its second fund at $110 million. Of the money raised, 90% of it is institutional capital. ... [read more]18 hours ago
- Ethereum Nears $400
Ethereum is up by 7% today on increasing unfiltered volumes of $14 billion giving it a market cap of now $44 billion. Its hashrate is also finally rising a little ... [read more]18 hours ago - Travel Management Firm CWT Pays Out $4.5M in Bitcoin After Ransomware AttackThe U.S. firm paid out a ransom of 414 bitcoin after its corporate files were locked up in a ransomware attack. ... [read more]20 hours ago
- Binance Coin Up 20% on DeFi IEO Hype; Pullback Ahead?
Binance’s native token BNB surged by more than 20 percent after its CEO Changpeng Zhao announced his plans to launch an in-house decentralized finance product. The BNB/USD exchange rate on Sunday established its quarter-to-date high at $22.94. It is now looking to extend its upside momentum towards $27, according to ... [read more]20 hours ago - Ethereum Classic Gives Update on Controversial 51% Attack
Ethereum Classic suffered a 51% attack in the early hours of August 1st. A blog post from the ETC Cooperative said attackers flooded the network with offline mined blocks. As a result, the network was unable to process the volume of transactions, leading to a reorganization of the chain and ... [read more]20 hours ago - First Mover: July Was a Runaway Month for Crypto ReturnsCrypto traders didn't have to be choosy to make money in July, when every digital asset in the CoinDesk 20 rose (except, of course, for the stablecoins). ... [read more]21 hours ago
- Technicals Suggest Bitcoin Price Needs To Clear $11,500 To Restart Rally
Bitcoin started a fresh increase above the $11,000 level against the US Dollar. BTC must surpass the $11,500 resistance zone to continue higher in the near term. Bitcoin is trading nicely above the $11,000 and $11,200 support levels. The price seems to be facing a major hurdle near the $11,450 ... [read more]5 hours ago - Kraken Daily Market Report for August 03 2020
Overview Total trading volume at $288.5 million, down from the $341 million weekly average as Bitcoin prices held steady between $11,000 and $11,500. Most coins had favorable returns over USD and XBT today. Link (+11%), Quantum (+9.1%), and Augur (+7.4%) were some of the best gainers over USD. ... [read more]5 hours ago - Ethereum’s DeFi Space Just Saw An Exit Scam: Here’s How It Went Down
The growth in Ethereum’s decentralized finance space has been one of the biggest wealth-generation events in the crypto space of the past year. Coins pertaining to “DeFi,” as this part of cryptocurrency has been dubbed, have literally gone parabolic. Simultaneously, there have been extremely high yields/interest rates offered on certain ... [read more]6 hours ago - Tezos (XTZ) Long Positions Set All-Time High as 96% of Bitfinex Traders Flip Long
Tezos has seen some strong price action in recent weeks, with its price facing some choppy trading throughout the past couple of days. It appears that the cryptocurrency’s recent price action has become decorrelated from that seen by Bitcoin and the rest of the market, and is showing some striking ... [read more]7 hours ago - Ripple Q2 2020 Report: XRP Sales Increased 19-Fold
The XRP Markets Report shows Ripplenet’s On-Demand Liquidity network experienced 11x growth compared to 2019, while XRP sales surged in Q2. ... [read more]7 hours ago - Short-Term XRP Target At 40 Cents, What Ripple’s Long Road To Recovery Looks Like
After spending over two years running atop the worst crypto market performers list, XRP has potentially begun a long-term recovery. According to technical analysis patterns and statistics, a short-term target for XRP may be closer to 40 cents per token. After that, a far larger surge is possible. Here’s what ... [read more]8 hours ago - Last Time This Much Ethereum Was In Profit, ETH Declined By 50%
Ethereum has seen an explosive performance over recent weeks. The asset has gained approximately 50% in the past 10 days alone. This recent rally comes after a multi-year bear market that broke the asset under $100. ETH remains below some critical resistance levels yet the recent rally has made many ... [read more]8 hours ago - Bitcoin’s 10% Drop Shrugged Off – Traders Expect More Big Dips On the Way Up
Bitcoin investors are shrugging off the recent drop in value that saw a loss of over 10.9% on Sunday. A number of speculators believe the price is still very bullish but expect some more big dips along the way. Meanwhile, optimism has been cushioned as onchain statistics show that exchange ... [read more]8 hours ago - Chainlink (LINK) Surges 12% to a Fresh All-Time High Above $9
While Bitcoin is struggling to break past the resistance at $11,400-11,500, Chainlink (LINK) is surging higher. In the past 24 hours as per data from Coin Market Cap, the popular altcoin has gained 12% against the U.S. dollar. Against BTC, LINK has gained closer to 9.5%. With this latest leg ... [read more]9 hours ago - Four-Year Anniversary of Bitfinex Hack, and $12M of Stolen BTC Moved
Hackers transferred roughly $12M from wallets connected to the Bitfinex breach, in which 120,000 Bitcoin was stolen in August 2016. ... [read more]9 hours ago - There’s a “Real Chance” XRP Could Triple in the Long Run: Analyst
Believe it or not, XRP has been one of the best performing crypto assets of the past ten days. After a brutal bear market that brought it 97% below its $3.50 all-time high, the asset surged past $0.30 late last week for the first time in many months. XRP even ... [read more]9 hours ago - Bitcoin Holds Above Crucial “Ichimoku Cloud” as Analysts Remain Optimistic
Bitcoin has entered a consolidation phase within the lower-$11,000 region This comes shortly after bears stepped up and catalyzed a swift rejection at $12,000 this past weekend The cryptocurrency is now flashing some signs of weakness as it hovers above its key support at $11,000 Bulls have been able to ... [read more]10 hours ago - Chainlink is About to Print an “Extremely Bullish” Pattern as Analysts Eye Upside
Chainlink has seen some volatile price action throughout the past couple of days, with its price oscillating between lows of $7.40 and highs of $8.80. This volatility has come as it decouples from the price action seen by Bitcoin and the aggregated crypto market – which, for the time being, ... [read more]10 hours ago - Russian Government Bans Anonymous Wallet Deposits
Lawmakers contend that the Russian government’s intent is to curb illicit financial activity. ... [read more]11 hours ago - Singapore Gets a New Crypto Trading Platform Thanks to Diginex
Diginex is establishing a new cryptocurrency trading platform in Singapore, which has become a recent hubbub of crypto activity in the last few years. Singapore Has a Growing Crypto Market At the time of writing, the platform is exempt from necessary licensing procedures, meaning it can operate without having all ... [read more]12 hours ago
- Why Analysts are Bullish on Bitcoin Despite Close Beneath Key $11,700 Level
Bitcoin has been flashing some mixed signs to investors as of late Despite seeing intense bullishness throughout the past week as it rallied from the lower-$10,000 region to highs of $12,000, analysts still remain cautious regarding where it may trend next Their present lack of bullishness is rooted in the ... [read more]15 hours ago - Travel Giant CWT Pays $4.5 Million in Bitcoin to Ransomware Hackers
CWT, a U.S. travel management firm that posted revenues of $1.5 billion last year and claims to represent over a third of companies in the S&P 500, paid $4.5 million in bitcoin to hackers who extorted them after infecting them with ransomware. According to Reuters, the attackers used a ransomware ... [read more]15 hours ago - Cardano – Smart Contracts and Native Assets to be Expected Soon
Cardano (ADA) is among the big winners of the last period as, through continuous progress and weekly releases, the Cardano price also went up by over 40 percent in the last month, and has made its way up to the sixth place where the largest cryptocurrencies usually are. However, EOS ... [read more]16 hours ago - Bitcoin baby-boomers: Coronavirus crisis is ‘encouraging over-55s to invest in crypto’
BITCOIN is viewed as increasingly attractive to elderly investors, Express.co.uk can exclusively reveal. ... [read more]16 hours ago - Indians Five Times More Likely to Suffer Crypto-Related Hacks: Report
People in India are five times more likely to suffer a cryptocurrency mining hack because of poor consumer awareness, according to a new security report by Microsoft. In its findings published July 29, Microsoft notes that although the number of similar attacks declined by 35% in 2019 from a year ... [read more]16 hours ago - Crypto price action platform Hxro launches liquidity partner programHxro, a gamified crypto derivatives platform that offers a simple way for users to play the market, has announced the public launch of the Hxro Liquidity Producer Pool with the following lead entities as marquee participants: Alameda Research CMS Holdings Arca Funds Three Arrows Capital Ledger Prime Acheron Trading Hxro’s ... [read more]17 hours ago
- Crypto Markets Have Reached Record High Levels – DeFi and Ethereum Driving the Momentum
This weekend’s grand crypto momentum was only a scrap of the really erratic action we saw in late 2017. Ethereum was dominating, but rather than the ICO-saturated market of last years, DeFi platforms have taken the front seat in the sector this year. Cryptocurrency markets have attained their highest levels ... [read more]17 hours ago - Analysts Warn of Turbulent “Dog Days” of Summer; Will Bitcoin’s Rally Survive?
Bitcoin has found itself once again the talk of the finance world, even stealing some of the luster from the gold rally. And although August is normally a slow month for markets, analysts are warning of an especially turbulent summer. With the dog days of summer ahead, and continued economic ... [read more]18 hours ago - Travala and Agoda join forces to boost travel using cryptocurrencyAgoda, an online travel platform part of Booking Holdings (Nasdaq: BKNG) and Travala.com, a cryptocurrency-friendly accommodation booking platform, have announced a new strategic partnership. Following this partnership, more than 600,000 Agoda hotels worldwide are now available via Travala.com, bringing the total number of properties available on the blockchain-based travel booking ... [read more]18 hours ago
- LocalCryptos launches long-anticipated crypto-to-crypto swap feature in partnership with ChangeNOW
As of the 3rd August 2020, LocalCryptos — the world’s most popular non-custodial peer-to-peer crypto marketplace — is announcing an integration with ChangeNOW to enhance its built-in non-custodial crypto wallet and give users greater control. As well as trading fiat for crypto peer-to-peer, LocalCryptos users can now instantaneously exchange crypto ... [read more]18 hours ago - MyCryptoMixer.com: How to mix your coins using the Best Bitcoin Mixer (Tumbler) in 2020
This is a promoted article provided by MyCryptoMixer If you bought 1 bitcoin (BTC) on March 17, 2020, when the COVID-19 pandemic was roiling financial markets, you would have more than doubled your money by late July, when the value of bitcoin soared past $10,000. Some other cryptocurrency assets such ... [read more]19 hours ago - Bitpatt.com, a Safe, Fast and Reliable P2P Crypto Exchange, Launches Operations
While there are many crypto exchanges, fear of hacking and theft has slowly crept into crypto traders due to many such past incidents. It makes sense to always be in control of one’s fund and cryptocurrencies, and that’s why P2P or peer to peer services like Bitpatt are trusted by ... [read more]19 hours ago - Ethereum Classic (ETC) Suffers Block Reorganization Because of a Single Minerit suffered in January 2019. The recent reorganization was caused by a single miner. The blockchain reorganization was confirmed by the Twitter account of ETC and of the founder of Ethereum Classic Labs James Wo. It occurred at block 10,904,146 and was not labeled as an attack, as the miner ... [read more]19 hours ago
- Alleged Twitter Hack ‘Mastermind’ Owns $3 Million in Bitcoin, Bail Set at $725K
Regional reports from Tampa show that the alleged “Mastermind” behind the July 15, Twitter hack owns more than $3.3 million dollars worth of bitcoin. While appearing on a video screen at the Hillsborough County Courthouse, the judge set 17-year old Graham Clark’s bail at $25,000 per 29 counts or $725,000. ... [read more]20 hours ago - The real story about getting rich by investing in gold, cryptocurrency and IPOsWhen times feel uncertain, watch out for the recommendations to buy gold or assets supposedly not linked to the stock market. Here's what to know before you invest. ... [read more]20 hours ago
- Hackers Steal Over $1.3M from European Crypto Trading Platform
2gether’s servers were attacked by unknown actors who managed to steal over $1.39 million from crypto-investment accounts. ... [read more]14 hours ago - State-Run Bank in Switzerland to Launch Crypto Services
Swiss cantonal bank Basler Kantonalbank becomes the first bank in Switzerland to announce its crypto plans. ... [read more]14 hours ago - Q2 2020 XRP Markets Report
Ripple publishes the quarterly XRP Markets Report to voluntarily provide transparency and regular updates on the company’s views on the state of the XRP market, including quarterly programmatic and institutional sales updates, relevant XRP-related announcements, such as Xpring and RippleNet partnerships, and commentary on previous quarter market developments. As an ... [read more]14 hours ago - Bitcoin Price Fills New Futures Gap as Bullish BTC Heads to $12K
A retest of $11,500 gives the impression that the bulls are not done when it comes to Bitcoin, which convincingly bounced off $11,000. ... [read more]15 hours ago - BlockTower’s CIO Predicts Hyperinflation Could Send Bitcoin Parabolic
Ari Paul, CIO at BlockTower Capital crypto hedge fund, believes Bitcoin’s next parabolic move will soon be triggered by hyperinflation caused by central banks’ monetary policies. ... [read more]15 hours ago - Crypto Traders Talk Bitcoin Price Direction After BTC’s Swift 13% Drop
The price of Bitcoin dropped 13% in 15 minutes on Sunday, and traders are seeing various scenarios playing out for BTC. ... [read more]16 hours ago - Wall Street Veteran To Head Huobi’s New DeFi Platform
The ongoing decentralized finance (DeFi) boom has pushed the popular cryptocurrency exchange Huobi to establish a DeFi-oriented platform. Dubbed Huobi DeFi Labs, it aims to enhance the company’s operations in the sector and will be led by a Wall Street veteran – Sharlyn Wu. Huobi DeFi Labs Established According to ... [read more]16 hours ago - Huobi Joins Japan STO Association Along With MUFG And 10 Other Players
Huobi Japan is now part of the local self-regulatory body supporting the development of security token offerings. ... [read more]16 hours ago - Travala Adds 600,000+ Hotels to Their Crypto Booking Platform
Travala is expanding its crypto-powered offerings thanks to a new partnership. ... [read more]17 hours ago - Industry Calls on US Regulator to Open Floodgates on Banks’ Crypto Capabilities
A number of crypto businesses and non-profits have written to the main banking regulator in the U.S. asking for banks to have more authorization to deal with crypto. ... [read more]17 hours ago - Here Are Four Ethereum Scaling Pitches Submitted to Reddit’s Competition
Entries to the Reddit Scaling Bake-Off are coming in from several layer-two builders. ... [read more]17 hours ago - XRP Price Gains 40% in One Week But Can It Continue Rally to $0.50?
XRP price has broken through several key resistance levels including $0.30 as it tries to catch up to Bitcoin with its own impressive gains. ... [read more]18 hours ago - Cardano Price Analysis: ADA Records 2-Year High
ADA witnessed a very strong 50% price surge over the past month as it reached $0.139. The coin reached a 2-year high over the weekend. Against Bitcoin, ADA rebounded from support at 1150 (.382 Fib Retracement) this weekend as the bulls start the push higher. ADA/USD: Bulls Attempt To Rebound ... [read more]18 hours ago - DeFi Flashloans: How Someone Made $16,000 With Zero InvestmentIf 2017 was the year where initial coin offerings (ICOs) went parabolic, then 2020 is perhaps the year where products within the field of decentralized finance (DeFi) are all the rage. With the emergence of numerous propositions, such as flash loans, where people can borrow money without having to post ... [read more]18 hours ago
- As DeFi Booms, Yearn Finance (YFI) Shifts 100% of Token Supply to Users
The DeFi sector recently achieved a record $4.23 billion in total value locked, so why did Yearn Finance distribute its full token supply to its users? ... [read more]19 hours ago
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- Kraken Daily Market Report for July 31 2020Overview Total trading volume at $256.1 million, up slightly from yesterday as Bitcoin prices moved favorably from 3:00 am UTC through the close. The outlier of the day was Melon (+28% over USD). Another good day of returns for Ripple (+ 6.2%). Ripple ends the month up almost 50%. ... [read more]3 days ago
- Paxful: BTC Trading in Russia Has ExplodedPeer-to-peer (P2P) trading platform Paxful says that Russians are growing very weary of the coronavirus pandemic and that they are regularly turning to bitcoin as a means of keeping themselves safe and their wealth hedged against weakening economic conditions. Paxful Has Seen a Surge in Russian Trading Activity The pandemic ... [read more]3 days ago
- Margin Trading And Lending On The Crypto MarketIn recent years, many of you who are interested in crypto, probably have noticed the continuous growth of the number of new exchange products that help earn from lending and margin trade. In case, there are unknown terms, a short note: Margin trading is trade with the help of borrowed ... [read more]4 days ago
- Analyst: The Bitcoin Price Is Spiking Because It’s RarerBitcoin has been experiencing some extremely bullish patterns as of late. The currency has managed to spike by roughly $2,000 in just a matter of weeks, jumping from the low $9,000 range beyond $11,100 at the time of writing. The Bitcoin Price Surge Could Easily Continue The currency recently rose ... [read more]4 days ago
- A Florida teen just got arrested for Twitter’s huge hack
Illustration by Alex Castro Early this morning, the FBI, IRS, US Secret Service, and Florida law enforcement placed a 17-year-old in Tampa, Florida, under arrest — accusing him of being the “mastermind” behind the biggest security and privacy breach in Twitter’s history, one that took over the accounts of President ... [read more]4 days ago - BTC Futures Trading on Bakkt SurgesIt looks like Bakkt is experiencing a sudden surge in business. Bakkt Is Pulling a Few Unexpected Punches Recently, it was reported that the institutional crypto trading platform owned and governed by the Intercontinental Exchange (ICO) was doing rather poorly as of late, having traded zero bitcoin options since mid-June. ... [read more]4 days ago
- The Only Way to Protect Your Data is to Never Provide it
Convenience is a honeypot. Consumers are drawn to simple, quick platforms with one-click ordering and minimal distractions: set up an account using auto-filled data and start shopping. This makes it very difficult to convince users to take security seriously. Few want to take the time to be secure and so ... [read more]4 days ago - Accounts of Obama, Musk & others were hacked for use in bitcoin scam because employees fell for ‘spear phishing’ trick – Twitter
Twitter has revealed that over 100 accounts, including those of famous people, were targeted earlier this month because its staff were tricked into giving away their support credentials to online scammers. The intruders “targeted a small number of employees through a phone spear phishing attack,” Twitter reported in its security ... [read more]4 days ago - Bitcoin Cash Analysis: Bulls Aim Massive Breakout Above $300
Bitcoin cash price started a fresh increase above the $255 and $280 resistance levels against the US Dollar. The price even tagged the $300 resistance area and it is currently consolidating gains. There is a key bullish trend line forming with support near $285 on the 4-hours chart of the ... [read more]4 days ago - Kraken Daily Market Report for July 30 2020Overview Total trading volume at $243.1 million, which is down $62 million from the weekly average, but up $67 million over the monthly average. Large returns for Algorand (+8.9% over USD) and Ethereum (+5.4%). All other cryptos were within +/- 3%. Since mid-May, ETH/XBT has been as low ... [read more]4 days ago
- Twitter says a spear phishing attack led to the huge bitcoin scam
Illustration by Grayson Blackmon / The Verge Twitter provided an update about the unprecedented July 15th attack that allowed hackers to tweet from some of the most high-profile accounts on the service, in a blog post and a series of tweets published Thursday evening. Twitter now says that a few ... [read more]4 days ago - EU targets Russian intelligence, Chinese, North Korean companies in first ever cybercrime-related sanctions batch
The European Union has imposed sanctions on six people and three entities, including a Russian military intelligence unit over their alleged involvement in various hacking activities, in the first ever such move from Brussels. EU officials slapped the “Special Technologies” unit (GTsST) of the Russian military intelligence (also known as ... [read more]4 days ago - Chainalysis: Too Much BTC Is Still Owned by Dark Market PlayersDespite all bitcoin has accomplished over the past 12 years, it looks like the world’s number one cryptocurrency by market still holds a very prominent place amongst dark market users, according to a new report by Chainalysis. Chainalysis: Nearly 1 Million BTC Owned By Hackers The blockchain and cybersecurity firm ... [read more]4 days ago
- Novogratz: BTC Will Soon Reach Its All-Time HighThe founder and chief executive of Galaxy Digital Michael Novogratz said in an interview recently that he fully expects the price of bitcoin to reach $20,000 by the end of the year. This would place the world’s number one cryptocurrency by market cap at its all-time high again, which it ... [read more]5 days ago
- Bitcoin Strikes $11,000, Sets New High for 2020It’s finally happened, folks. After weeks – nay, months – of waiting for bitcoin to get its act together, the world’s leading cryptocurrency by market cap has finally shot beyond the $11,000 mark. Bitcoin Has Reached New Heights for the Year It hasn’t been easy for the currency to reach ... [read more]5 days ago
