This Chart Suggests Chainlink’s Parabolic Rise Isn’t Finished

Chainlink volatility is increasing after the asset fell from its all-time high of $20. A 60% collapse sent the cryptocurrency plummeting, only to see a record-breaking bounce that beat any intraday throughout the rest of the altcoin’s amazing 2020 so far. And although there was a 60% crash, LINKBTC weekly price charts suggest that the asset’s parabolic advance is still intact, potentially pointing to more new 2020 highs ahead. But if the cryptocurrency can’t maintain its upside momentum, the fall Read more …

Data Shows Interest in Ethereum is Crashing; Here’s Why This is Bullish

Bitcoin has been causing the entire crypto market to see some uncertainty, which has had grave impacts on Ethereum and many other altcoins Ethereum is now consolidating alongside the benchmark crypto as it trades within the $350 region Where it trends next will likely depend on whether Bitcoin breaks out, or breaks down, from its range between $10,600 and $10,800 One analytics platform is noting that data shows Ethereum’s social volume is crashing at the moment This shows a lack Read more …

MyEtherWallet’s founder used to pay his rent by mining Bitcoin

Kosala Hemachandra, founder and CEO of crypto asset storage platform, MyEtherWallet, mined Bitcoin as a way to pay his Los Angeles rent between 2014-2015. When it came time to pay his bills, he would convert his coins into cash to facilitate the actual transaction. In conversation with Cointelegraph, Hemachandra reminisced about purchasing Bitcoin mining equipment in college while renting a room at his friend’s home. “I bought a Bitcoin miner and then I had it in my room,” he told Read more …

Binance Adds Tron – Naira TRX/NGN Pair

Binance continues to focus heavily on the Nigerian market with the addition of a tron (TRX)/ naira (NGN) trading pair. Tron is another popular alternative cryptocurrency (altcoin), up there with ethereum (ETH) and stablecoins like Tether USD (USDT) and Binance USD (BUSD). You want the latest news about Crypto? Then follow us on Google News! The new pair was launched after a Twitter poll on the Binance Africa Twitter handle asking followers to vote for the next naira (NGN) spot Read more …

American Economist Stephen Roach: ‘U.S. Dollar in the Early Stages of Sharp Decent’

American economist and former chairman of Morgan Stanley Asia, Stephen Roach said on Sunday that he believes the U.S. dollar will “crash faster and harder.” Roach said similar statements during an interview back in June, and his latest commentary stresses that people should “expect the dollar to plunge by as much as 35 percent next year.” Stephen Roach is a well known American economist as he worked as chairman of Morgan Stanley Asia and he also advised as the company’s Read more …

American Economist Stephen Roach: ‘U.S. Dollar in the Early Stages of Sharp Decent’

American economist and former chairman of Morgan Stanley Asia, Stephen Roach said on Sunday that he believes the U.S. dollar will “crash faster and harder.” Roach said similar statements during an interview back in June, and his latest commentary stresses that people should “expect the dollar to plunge by as much as 35 percent next year.” Stephen Roach is a well known American economist as he worked as chairman of Morgan Stanley Asia and he also advised as the company’s Read more …

Hackers Congress Paralelní Polis Is Ready to Deliver Fifty-Eight Hours Of Freedom Content – Bitcoin Magazine

To crypto anarchists, Bitcoin is seen as one of the most important tools to help promote self sovereignty and liberation. Yes, there’s fantastic technology involved and “number go up” is fantastic, but the freedom that Bitcoin gives HODLers is the primary benefit. This weekend, the seventh annual Hackers Congress Paralelní Polis will be convening in Prague, along with a massive, 58-hour long live stream. We sent over a few questions to the conference’s team to help make the case for Read more …

Merchants accepting Bitcoin laud ‘zero chargeback risks’, says BitPay report

BitPay recently released a study highlighting four merchants from different businesses that have implemented Bitcoin as a payment method. The parties selected to participate included a gold broker, an online gift card marketplace, a domain registrar that also serves as a hosting service, and an electronics retailer. In the report, the unnamed merchants praised crypto’s lack of fraud-related chargebacks, noting the immensity of this issue when dealing with traditional institutions. They also reported that while only 0.5% to 6.5% of Read more …

Bitcoin.com Exchange to List Aspire and Aspire Gas as Newest Digital Asset Creation Platform Comes to Market 

Aspire (ASP) is the first digital asset creation platform to resist both mining exploits and 51 percent attacks common to proof-of-work blockchains. Its fees are a tiny fraction of creating assets on Ethereum or other platforms due to its innovative Aspire Gas (GASP) blockchain Both tokens will be introduced with BTC and USDT trading pairs, with more pairs to follow in the short-term. Bitcoin.com Exchange is thrilled to announce the upcoming listing of two new digital assets: Aspire (ASP) and Read more …

Yieldnodes Project Unlocking Investment Opportunities

Global investors have been struggling to make ends meet due to the recent unfortunate economic crisis caused by the Coronavirus pandemic. The situation is so gloomy that investors are failing to save their invested capital, let alone get any returns on investments. With investors losing their confidence in centralized institutions and banks, they are slowly moving towards their decentralized alternatives. The expansion of blockchain technology over the last decade has created several new opportunities for investors to make a good Read more …

The First Fundamental Study of DeFi. From Ideas to Mechanisms to the New Finance

With its year-to-date growth of more than 15x in total value locked, and more than $11 billion committed to the protocols, decentralized finance (DeFi) has become a mainstay in the crypto industry, and a whole new industry in itself. Meanwhile, its shape as a concrete market has not been defined with substantial confidence. A major shortcoming of DeFi research to date has been its focus on individual projects or simple metrics, such as financials. A systematic overview capturing the essence Read more …

Analyst: Bitcoin May Face Prolonged Accumulation Phase Around $9,000

Bitcoin is now caught within a persistent and relatively tight accumulation phase between $10,600 and $10,800 The cryptocurrency has been unable to post any type of ardent reaction to either of these levels, and has mainly traded in between them at $10,700 BTC’s ongoing bout of sideways trading has done little to offer insight into its near-term outlook, but investors are noting that a fresh trend may be approaching One trader recently put forth a chart showing a potentially prolonged Read more …