According to Simon Peters of the cryptocurrency exchange e-Toro, the inflation that everybody is so worried about as of late is going to result in a rather positive future for bitcoin.Simon Peters: BTC Has a Bright Future if Inflation ExistsNot too long ago, Federal Reserve chair Jerome Powell announced that the United States was going to permit inflation beyond the $2 mark. Traditionally, $2 is the maximum that inflation is usually allowed to go in this country, but given the special...
Read More »Real Or Ruse? This Bitcoiner Lost 1400 BTC ($16M) After Installing An Old Electrum Wallet
An anonymous Bitcoin investor by the name “1400BitcoinStolen” claimed on Sunday that he lost 1400 BTC after “foolishly” installing an old version of the popular Electrum wallet, but turned out to be a phishing scam.A TrapExplaining the unfortunate incident, the victim said he had not been able to access the funds since 2017. After setting up the wallet and attempted to transfer 1 BTC, he received a pop-up message asking him to update his security before he can hat transfer the fund.But...
Read More »Bulls Resurface As Ethereum Touches $440, What’s Next? (ETH Price Analysis)
Ethereum surged by a substantial 10% surge over the weekend as it hit a high of $440 today.The cryptocurrency broke above the previously highlighted pitchfork on the 4-hour chart.Additionally, Ethereum penetrated above a falling price channel against Bitcoin over the weekend.ETH/USD – Bulls Re-Test 2020 HighsKey Support Levels: $420, $408, $400.Key Resistance Levels: $438, $450, $463.Last week, Etheruem fell into the $380 support (downside 1.272 Fib Extension) and rebounded. At the time, it...
Read More »TRON Partners with Band to Deliver On-Chain Oracles for DeFi
TRON dApp developers have just acquired new capabilities after TRON announced a partnership with Band Protocol.The deal means that third-party devs will be able to utilize Band’s oracle solution to obtain tamper-proof price feeds and other external data sources. Reliable oracles are regarded as one of the most critical capabilities for a blockchain to acquire, significantly extending the utility of the sort of applications that can be built.The partnership arrives at a good time for both...
Read More »Short Time? After 30,000% Since Launch, Binance Futures Adds Yearn Finance (YFI) For Leveraged Trading
YFI has undoubtedly been the best performing cryptocurrency of the past month in terms of pricing.The governance token of Yearn Finance was announced on July 17th by Andre Cronje and has since taken off in a way no one probably expected.What started as a “0 value” token is currently trading at around $36,000 and has become the first altcoin since 2016 to flip Bitcoin’s dollar value. Now, the world’s leading cryptocurrency exchange, Binance, has launched YFI futures contracts, allowing traders...
Read More »Huobi Futures To Launch Bitcoin Options Trading From Sepmtember 1st
Huobi Futures, the derivatives platform of the popular cryptocurrency exchange Huobi Group, will launch Bitcoin options trading starting September 1st.The company explained that more sophisticated investors are entering the digital asset market, and their BTC options release aims to meet their demand.Huobi Futures Adds BTC Options TradingAnnounced earlier today, the Singapore-based platform plans to release Bitcoin options traded against USDT on September 1st at 10:00 UTC. The new product...
Read More »Stellar Lumen (XLM) Price Could Rally Significantly if it Clears $0.10
Stellar lumen price found support near the $0.0902 level after a steady decline against the US Dollar.XLM price is slowly rising above $0.0950, but it facing hurdles near the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $0.0970 on the 4-hours chart (data feed via Kraken).The pair could move into a bullish zone if it clears the $0.0988 and $0.1000 resistance levels.Stellar lumen price is showing a few positive signs against the US...
Read More »#959 Bitcoin Bull Run, Crypto Domain bringt 230 ETH & 9 Milliarden gelockt in Defi
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 959. Im heutigen Video geht’s um folgende Themen: Möglickheit das Bitcoin sich kaum bewegt im nöchsten Bull Run, Crypto Domain bringt 230 ETH & 9 Milliarden gelockt in DeFi. 1.) Synthetix Founder: There’s a Chance Bitcoin “Barely Moves” in this Bull Markethttps://www.newsbtc.com/2020/08/30/synthetix-founder-chance-bitcoin-barely-moves-bull-market/ 2.) Domainhandel: sex.crypto für 230 Ether...
Read More »Ripple Price Analysis: Bullish Break Above $0.30 Seems Likely
Ripple price started a decent recovery wave from the $0.2545 swing low against the US dollar.The price is currently trading above the $0.2700 and $0.2750 resistance levels.There was a break above a key bearish trend line with resistance near $0.2705 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to accelerate higher if it clears the $0.2920 and $0.3000 resistance levels.Ripple price is slowly moving higher above $0.2800 against the US Dollar. XRP price...
Read More »Another Major Fall? Predicting Where Bitcoin Will Go Next
It’s been a relatively odd week for bitcoin, the world’s number one digital currency by market cap. At the time of writing, the asset is currently trading for just over $11,500, which is a few hundred more than where it stood just 48 or 72 hours ago.Will Bitcoin Go Up or Down?The currency has been in an up-and-down pattern over the last few days. While this isn’t necessarily a bad thing, it also shows that bitcoin’s resilience is not exactly where we thought it was prior. Before, the currency...
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