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Volatile Week Following El Salvador’s Bitcoin Adoption and Plunge Below $43K: The Weekly Crypto Recap

It goes without saying that this has been one of the most important and also exciting weeks for Bitcoin, in general. The reason for which it was important is that El Salvador officially became the very first country in the world to formally recognize Bitcoin as a legal tender. In other words, no one is currently allowed to refuse payment in BTC, and that’s the law. The reason for which it was exciting is that it was particularly volatile. On the day El Salvador made the law...

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Panther Protocol Partners with the Decentralized VPN Ecosystem Sentinel

[PRESS RELEASE – Midtown, Gibraltar, 9th September 2021] Panther Protocol, a decentralize d privacy meta-protocol enabling confidential, trusted transactions, and interoperability with DeFi has now joined forces with Sentinel, a powerful protocol that enables the development of third-party and white-label decentralized Virtual Private Network (dVPN) services, interoperably with DeFi and Sentinel. A blockchain-based decentralized bandwidth marketplace, Sentinel enables anyone...

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Bitcoin Price Analysis: BTC Continues Consolidation, Here are the Key Levels to Watch

Once again, BTC held support at the critical 200-day moving average of around $46k after shaking another round of weak hands. Although the near term charts look bearish, the overall trend in fundamental, technical, and on-chain data remain firmly bullish, indicating Bitcoin will likely head higher in the next few months. Chart by TradingViewBTC Falls While Strong Hands Continue to Buy Spot exchange reserves printed another multi-year low, further indicating strong...

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Grayscale Doubles the Number of its SEC-Reporting Products With LTC, ETC, and BCH

The largest digital asset manager – Grayscale Investments – has announced that the Bitcoin Cash Trust, the Ethereum Classic Trust, and the Litecoin Trust have become SEC reporting products. Thus, the total number grew to six. Speaking to Forbes, Grayscale’s CEO – Michael Sonnenshein – indicated that the company’s portfolio of funds reporting to the Securities and Exchange Commission has doubled. He specified that those funds were the Grayscale Bitcoin Cash Trust (BCHG), the...

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Crypto Price Analysis & Overview September 10th: Ethereum, Ripple, Cardano, Solana, & Matic

Ethereum Ethereum dropped a sharp 10% this week as the cryptocurrency currently sits at around $3400. The cryptocurrency surged to $3975 last Friday, where it met the resistance at a 1.272 Fib Extension level. It was unable to overcome it over the weekend and eventually collapsed from there on Tuesday during the market wipeout. ETH dropped as low as $3000 during the sell-off but eventually recovered by the end of the day to close the daily candle at $3428 (.382 Fib). It held...

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Algorand Foundation Launched a $300M Fund for DeFi Innovation: ALGO Taps a 2-Year High

The Foundation behind the popular blockchain project – Algorand – has started a new initiative aiming to enhance the developments in the DeFi sector. Called Viridis DeFi Program, it will be a $300 million fund to support innovation on the Algorand network. In a statement dated September 10th, The Algorand Foundation announced the launch of its latest product called Viridis DeFi Program. In it, the organization has allocated 150 million of the native cryptocurrency – ALGO –...

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CryptoCom Becomes PSG’s First Official Crypto Platform Partner

French soccer giant Paris Saint-Germain (PSG) has announced a new multi-year deal that will see digital asset trading platform CryptoCom become the club’s first official crypto platform partner. CryptoCom and PSG to Launch NFTs As per the partnership agreement, seen by CryptoPotato, CryptoCom will use its native token CRO to pay a significant portion of the sponsorship fee. The exchange will also house the collaborative and exclusive Non-Fungible Tokens (NFTs) that the club...

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Bitcoin Cash Analysis: Risk of More Losses Below $630

Bitcoin cash price started a fresh decline from well above $750 against the US Dollar. The price is now trading below the $700 zone and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $665 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to decline unless it clears the $685 and $695 resistance levels. Bitcoin cash price is struggling to recover above $700 against the...

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White Hacker Marc Ruberg veröffentlicht „Cyber War“

Marc Ruberg, einer der bekanntesten White Hacker, gibt in seinem neuen Buch „Cyber War – Die digitale Bedrohung“ Einblick in die Hackerszene, wie sie nur ein Insider veröffentlichen kann. Marc Ruberg ist Verantwortlicher für das Hochschulnetz des Landes Baden-Württemberg, stimmberechtigtes Mitglied im berühmt-berüchtigten Chaos Computer Club (CCC) und aktives Mitglied im Diplomatic Council, einem globalen Think Tank mit Beraterstatus bei den Vereinten Nationen (UNO). Der...

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FINMA bewilligt erstmals Börse und Zentralverwahrer für Handel mit Token

Die Eidgenössische Finanzmarktaufsicht FINMA hat zwei Bewilligungen zum Betrieb von Finanzmarktinfrastrukturen erteilt, die auf der sogenannten Distributed Ledger Technologie (DLT) basieren. So bewilligt die FINMA die SIX Digital Exchange AG als Zentralverwahrerin und die damit verbundene SDX Trading AG als Börse. Damit werden am Schweizer Finanzplatz erstmals Bewilligungen für Infrastrukturen ausgesprochen, die den Handel von digitalisierten...

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