Market corrections are scary, but savvy altcoin traders also know it is an opportunity to secure hefty gains — here’s how. Admittedly, the last few days have not been not the most pleasant time for crypto traders as the price of Bitcoin (BTC) price fell short of breaking the $50,000 threshold, then slid to the… More
Traders are long on Ether, but derivatives data suggests that a $4,000 price tag is a long shot in the short term. For the past 40 days, Ether (ETH) has trended modestly upward, respecting a narrow channel most of the time. It enjoyed a brief rally toward $4,000 in the first week of September, but… More
Ethereum competitors and layer-one projects are capitalizing on the network’s untenable gas fees by launching mining and developer incentives that are also boosting token prices. In the ever-evolving world of cryptocurrencies and blockchain technology, the race to establish a highly scalable, user-friendly network capable of being adopted on a global scale is a never-ending marathon… More
Investors watch trading volume and other momentum indicators alongside descending channel patterns to better gauge when to open and close trades. Buying an asset in a downtrend can be a risky maneuver because most investors struggle to spot reversals and as the trend deepens traders take on deep losses. In instances like these, being able… More
XDC price soared to a new all-time high shortly after a round of new partnerships, protocol integrations and exchange listings. Enterprise adoption of blockchain technology is an important long-term goal of the cryptocurrency community because the integration of digital currencies with daily business activities will bring new users into the ecosystem and provide a boost… More
Economics Professor Jason Potts is co-director of the Blockchain Innovation Hub at RMIT University. He sees blockchain technology as a fundamental institutional technology revolution comparable to the emergence of companies and the internet perhaps even as world-changing as the invention of electricity. What’s the last big technological change that had the same sort of impact that… More
Users who suspect fraud will be able to connect to a live operator, potentially expediting the investigation process. Coinbase has announced a new support phone line for customers who believe their account has been compromised by outside actors. Users will be able to speak to a live support agent, who can kick off an investigation… More
The flagship cryptocurrency hits its highest level in more than two months as inflation is expected to rise by another 0.5% in July. Bitcoin (BTC) reached its highest level in more than two months with just a few days remaining before the July inflation report.The top cryptocurrency climbed 1.65% to $45,363 on Aug.8, continuing the… More
Marc Andreessen, co-founder and general partner at the VC firm Andreessen Horowitz, says crypto represents the latest, most significant transformation of the tech industry. Marc Andreessen, co-founder and general partner at venture capital firm Andreessen Horowitz (also known as a16z), made a case for crypto and blockchain as the most significant new architecture change in… More
Bitcoin ATMs may make it easier for the mainstream and unbanked to access crypto, but will security risks hamper adoption? Cash may be king when it comes to purchasing Bitcoin (BTC), as recent data states that there has been a spike in crypto ATM installations during 2021, showing a 71.3% increase from Jan. 1, 2021, until… More
The Singapore-based crypto trading platform has inked a partnership with stablecoin issuer Circle. Derivatives exchange Bitget is set to become one of the first exchanges to list USD Coin (USDC) as collateral for trading crypto derivatives.The development comes courtesy of a strategic collaboration between the Singaporean crypto derivatives trading service and USDC stablecoin issuer Circle,… More
Alongside Coinbase itself, the class action names CEO Brian Armstrong, CLO Paul Grewal, other top executives and several of its venture capital backers as defendants. A Coinbase shareholder has filed a securities class action against Coinbase for allegedly misleading investors ahead of its public listing about the company’s financial state and resilience as a crypto… More
Hong Kong landmarks like the Kowloon Walled City will be tokenized and showcased in The Sandbox Ethereum-based metaverse. Veteran Hong Kong-based newspaper South China Morning Post (SCMP) is creating a series of NFTs using a new token standard called “ARTIFACT,” designed to preserve historical assets on the blockchain.In its ARTIFACT Litepaper, SCMP presents an overview… More
Cambridge research shows that China’s Bitcoin mining power fell by 40% before the crackdown, while the United States’ hash power has quadrupled. China’s crackdown on Bitcoin (BTC) mining due to energy consumption concerns is widely regarded as the trigger for the miners’ exodus from Asia to Western countries. But new research by the Cambridge Centre… More
By implementing timestamping and blockchain technology, media and publications can increase their readers’ assurance. Readers expect their news content to be reliable and trustworthy, yet many doubt it actually is. Readers cite issues like unchecked sources, rushing too fast to print, careless reporting and news sites being deliberately misleading as contributing to their eroding trust… More
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