Month: September 2020

Bitcoin and gold have been pressing higher after the comments made by Federal Reserve chairman Jerome Powell last week. Both assets are up by around 5% since the comments the central banker made. Some gold proponents say that gold will easily outperform any other asset in circulation due to the vast amount of monetary stimulus. Crypto proponents, even those focused on altcoins, think that Bitcoin will outperform gold, though. Bitcoin Likely to Outperform Gold, Says EOS Founder According to Brendan Read more …

Three of the “big four” Australian banks are forming a new company called Lygon to digitize bank guarantees using blockchain technology.  Bank guarantees are an official contract between a debtor and a financial institution. It ensures the debtor and the debt provider that the debt will be paid on time under all circumstances. The Australia and New Zealand Banking Group Limited, Commonwealth Bank of Australia and Westpac Banking Corporation along with two other shareholders — the Australian shopping center company Read more …

All eyes are on Ethereum this week as DeFi continues to drive the market higher. The second-largest cryptocurrency has now reclaimed $400 while the total market cap has surged to its highest levels since May 2018. Bitcoin meanwhile finished the week flat, but not before printing a sudden spike on the chart as Federal Reserve’s Chairman Powell announced a more relaxed approach to fighting inflation. As bullish momentum pushes the crypto market upwards, more mainstream firms are jumping on board. Read more …

Advertisment New Year Bull is a new-age Deflationary ERC 20 token that will operate on the fundamentals of DeFi and also boast an online meme platform. New Year Bull will work to garner more returns for the users and token owners. The critical component of this token currency is the 90% burning off the initial supply.… Read more The post Bringing More Value to Users With 90% Supply Burn – New Year Bull appeared first on Crypto Shib. You want Read more …

Bitcoin is the best collateral the world has ever seen, according to Raoul Pal of Global Macro Investor and Real Vision Group. The Founder/CEO praised the cryptocurrency for its predictability and anti-fragileness as an asset as he pitted it against the government bonds. Treasurys, said Mr. Pal, is a part of a falling monetary system – collateral that gets devalued over time as central banks get accustomed to endless money printing and lower interest rates. You want the latest news Read more …

Advertisment New Year Bull is a new-age Deflationary ERC 20 token that will operate on the fundamentals of DeFi and also boast an online meme platform. New Year Bull will work to garner more returns for the users and token owners. The critical component of this token currency is the 90% burning off the initial supply.… Read more The post New Year Bull: Bringing More Value to Users With 90% Supply Burn appeared first on Crypto Shib. You want the Read more …

On Aug. 30, a Github user made a post about losing 1,400 Bitcoin (BTC) via an elaborate hack that affected his Electrum wallet. N-chain analysis indicates that the hackers had a Binance account and that some of the transactions used to move the stolen coins may have originated in St. Petersburg, Russia. However, It is important to note that conclusions afforded by on-chain research are generally more probabilistic than deterministic.  On-chain analysis of the hack. Source: Cointelegraph, Crystal Blockchain. Even Read more …

The three-year-long class-action lawsuit targeting Tezos (XTZ) has come to a conclusion after Judge Seeborg approved Tezos’ $25 million settlement on Aug. 28. According to the judgment, the funds will be distributed among “all persons and entities” who participated in Tezos’ 2017 initial coin offering (ICO) from July 1 to July 13 and sold their XTZ for a loss before Nov. 25, 2019, did not sell their tokens before Nov. 25, or are unable to access their XTZ due to Read more …

DeFi has quickly become the new buzzword in the crypto space. Yet, unlike ICOs or some of the other unsustainable practices we’ve seen in the past, DeFi is here to stay – and it’s gaining momentum fast. As a centralized cryptocurrency spot and derivatives exchange, people sometimes wonder if DeFi is a threat to OKEx or if the rise in DeFi-focused altcoins is a challenge for Bitcoin. In actual fact, we believe that the growth of DeFi can only be Read more …

Ripple is rising and it is gaining bullish momentum above $0.2880 against the US Dollar. XRP price is likely to test the $0.3000 barrier, considering the recent sharp rise in Ethereum. Ripple is showing a lot of positive signs above the $0.2850 and $0.2880 levels against the US dollar. The price is testing the $0.2920 resistance and it is well above the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near Read more …

Food industry officials in the United Arab Emirates may soon have a blockchain-based supply chain to obtain agricultural products directly from India. According to an Aug. 31 report, officials in the United Arab Emirates (UAE) will be using Agriota E-Marketplace, a new platform that employs blockchain technology to bridge the gap between farmers in India and the nation’s food industry. Agriota reportedly provides transparency by verifying the food supply chain from Indian farms to food processing companies, traders and wholesalers Read more …

Ethereum extended its rally by 5% and it broke the $440 resistance against the US Dollar. ETH price is likely to break the $450 resistance, above which the bulls might aim $500. Ethereum is gaining momentum above the key $430 and $435 resistance levels. The price is now trading well above the $430 level the 100 hourly simple moving average. There is a crucial bullish trend line forming with support near $438 on the hourly chart of ETH/USD (data feed Read more …