This week was easily one of the most eventful ones in the cryptocurrency field in terms of overall developments, especially in the DeFi sector.Starting with Bitcoin, however, not much changed since last week. BTC price started trading at around $11,800 seven days ago, and it’s currently at roughly the same level. However, this doesn’t mean that there was no volatility.On Monday, BTC briefly broke for the second time above $12,100, causing serious enthusiasm in the community. Over the next few...
Read More »Chainlink Is Now the Fifth-Largest Cryptocurrency By Market Cap
Not too long ago, Live Bitcoin News reported that Chainlink (LINK) was on a roll and had ultimately experienced a hefty surge in its price. Now, the currency has jumped even further, and has overtaken bitcoin cash to become the world’s number five cryptocurrency by market cap.Chainlink Is On a Serious RollOver the last week, the price of LINK has jumped by more than 80 percent. It has added roughly 120 percent to its price since the beginning of the month and has shot up by more than 600...
Read More »Crypto Price Analysis Aug 14: Bitcoin (BTC), ETH, XRP, LINK, WAVES
Bitcoin (BTC)Bitcoin is more or less around the price it was traded a week ago, but this comes after a raging week as the coin plunged to a weekly low around $11,100.Shortly before, Bitcoin made another push towards the current high at $12,100 (1.272 Fib Extension), for the second time in 10 days. Unfortunately, BTC was unable to sustain this high.Just one day after, Bitcoin lost almost $1000, however quickly recovered to the support level around $11,400 (.236 Fib Retracement and prior high)....
Read More »Walmart Adopts Crypto: Shoppers Can Now Earn Crypto-Back
StormX, the blockchain-based rewards platform that helps users earn crypto, has scored a significant coup by onboarding retailing giant Walmart.Having already sealed deals with the likes of Microsoft, Nike, Adidas, eBay, Target, Dell, and Samsung, StormX is taking things up a notch by enabling 4% ‘Cryptoback’ on all Walmart purchases. In fact, shoppers can earn as much as 14% if they reach Super-user tier on the app.Consumer Thirst for CryptobackBased in Seattle, U.S., StormX launched its...
Read More »Coinmarketcap mit Learn und Earn-Programm
Seit Binance die bekannte Webseite Coinmarketcap gekauft hat, tut sich einiges. Neben der Einführung einer Trollbox, alos einer Chat-Funktion für spezifische Themen und Coins, schaltet nun Coinmarketcap auch Lernprogramme auf. Und es ist offensichtlich, dass sich Coinmarketcap dabei von Coinbase Earn abgekupfert inspirieren lassen hat. Denn wer diese Minikurse mit einem richtig gelösten Quiz abschliesst, kann dabei Token verdienen. Priorität hat für Coinbase der...
Read More »Bitcoin is The Only Fixed Asset in the Galaxy, The Winklevii Told Dave Portnoy
Although gold and Bitcoin are considered similar asset classes because of their maximum supply, that of the precious metal may increase substantially in the following years if Elon Musk’s SpaceX decides to mine gold and other metals from asteroids.While explaining the merits of Bitcoin to the popular Wall Street trader Dave Portnoy, the Winklevoss twins said that this can’t happen with BTC as it’s the only “fixed asset in the galaxy.”SpaceX To Mine Gold From Asteroids?According to this...
Read More »BitMEX Announces New ID Verification Programme for Enhanced Security
BitMEX revealed plans to begin ID verification by the 28th of August. Users are expected to complete the process within six months.BitMEX has announced plans to mandate ID verification for all users. The ID verification programme will begin on the 28th of August as traders will have to provide proofs of location, amongst other things. With the latest development, BitMEX aims to provide a more secure and reliable trading environment for users.BitMEX trading platform enables investors to have...
Read More »McCormack: Ein Bitcoin wird irgendwann 450’000 US-Dollar wert sein
Bitcoin befindet sich aktuell im Aufwärtstrend und hat erst kürzlich die Marke von 1000 Euro geknackt. Morgan Creek Digital-Mitbegründer Anthony Pompliano sieht darin nur den Anfang einer langen Entwicklung – mit einem Bitcoin-Kurs von 450’000 US-Dollar als Ziel. Wie der Unternehmen kürzlich in einem Interview mit dem Krypto-Podcaster Peter McCormack mutmasste, könnte diese Rekordmarke in den nächsten...
Read More »Bitcoin Exchange BitMEX Announces a 6-Month Window for User ID Verification
Bitcoin derivatives exchange surprised its users today by asking them to comply with a mandatory ID verification procedure.The 6-month long process will continue until February 12th, 2021. BitMEX will start this ‘User Verification Programme’ on August 28 at 00:00 UTC.BitMEX Asks Users To ‘KYC’In a blog post published today, the prominent bitcoin and cryptocurrency futures trading platform announced a 6-month long mandatory KYC process. According to BitMEX, this will help the exchange...
Read More »Bitcoin Cash Analysis: Fresh Increase Likely If It Clears $310
Bitcoin cash price is holding ground above the main $270 breakdown support against the US Dollar.The price is currently testing the $292 resistance zone and the 55 simple moving average (4-hours).There was a break above a connecting bearish trend line with resistance near $290 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to start a fresh increase if it clears $300 and $310 in the near term.Bitcoin cash price is slowly rising towards the $300 barrier...
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