Crypto news

One source appears to be suggesting that cryptocurrencies, by themselves, don’t have a chance of survival, and that if they’re going to last any longer, they will need banks to do it.Banks and Crypto: A Single Entity?Already, we’ve witnessed some huge jumps forward in the “cold war” between banks and cryptocurrency. Much like the United States and Russia did between the 1940s and the 1980s, both entities are trying to outdo the other, and show the world why they are essential and why they are...

Recent data indicated that the HODLing mentality towards Bitcoin prevails as the number of coins that haven’t moved in two or more years has reached a three-year high.At the same time, miners are following suit as their BTC holdings have reached a two-year high.HODLing Mentality Among BTC Investors PrevailThe analytics firm Glassnode follows the behavior of Bitcoin investors by examining the BTC movements (or lack of) from their addresses. According to recent research, HODLers have increased...

The fact that China has become such a big “bitcoin nation” over the past several years is worrying to some. They are concerned that the country could potentially take over the space, which would ultimately mean the end of bitcoin and crypto as we know it.Is China Getting Too Powerful in the BTC Space?As it stands, China controls much of the global mining power. That means that most mining operations in the world either make their home in China or are powered by Chinese businesses or firms....

OKEx has become one of the largest cryptocurrency exchanges in the past several years. The company’s growth is continuously emphasized by the trading volume and the growing user base.CryptoPotato recently had the opportunity to do an exclusive interview with the CEO of the company – Jay Hao.Hao spoke of the challenges OKEx has to overcome, the current cryptocurrency landscape, Bitcoin’s growing adoption, the DeFi craze, and more.Back to the Roots: Before OKExOne of the first things that Hao...

As another week comes to its end, let’s start from the bottom line: Bitcoin price ends the week exactly where it started it, hovering around the $10,600 mark.It wasn’t a remarkable week for Bitcoin, unlike the other cryptocurrencies, especially the DeFi ones, that saw triple-digit gains.Looking at the shorter timeframe, which is seen on the following 4-hour chart, Bitcoin had formed a double-bottom around $11,100. The latter is considered to be a bullish pattern unless the bottom is broken...

The use of cryptocurrencies in Venezuela has thrived over the years, and although they may not be the revolution that many expected, they have managed to fit into the financial thinking of the people there more strongly than in other countries.The status of crypto and blockchain technology in the country has evolved significantly. A recent report by the blockchain forensics firm Chainalysis concluded that the South American country’s financial crisis catalyzed a greater interest and openness...

Polkadot has quickly gone up the ranks and became one of the biggest cryptocurrency projects. Its native token DOT was recently denominated at a 1:100 ratio. After the event, early Polkadot investors can benefit from a nearly 2,000% ROI.This became possible following the latest company developments, mainnet launch news, and DOT listings on several prominent cryptocurrency exchanges.Polkadot’s History and MissionAlthough the original Polkadot whitepaper saw the light of day in October 2016, it...

Bitcoin seems stable after recovering from its drop to $11,100 and trades above $11,500. However, massive gains are evident among lower-cap alts and DeFi tokens, including YFI that doubled BTC’s all-time high. As such, Bitcoin’s dominance over the market has decreased by over 1%.YFI To $40k, Low-Caps SurgingIt’s no secret that the DeFi sector has been cryptocurrency’s hottest topic recently.YFI’s fork, which recently rebranded its name from YFII Finance to DFI.Money is the clear leader in...

Yearn Finance is undoubtedly all the rage in the cryptocurrency field right now. Up just shy of 80% in the past 24 hours, it peaked at almost $39,000 on Binance.Now, industry proponents such as the CEO of one of the world’s largest Bitcoin margin trading exchanges are making bold predictions about its price.Arthur Hayes: YFI to $100,000YFI is the governance token of the yield aggregating platform Yearn Finance. Launched in late July, the protocol attracted countless investors looking for...

Recently, Live Bitcoin News reported that the U.S. was looking to sue North Korea over several million dollars-worth of cryptocurrency that had been stolen over the past year via cyberattacks on two separate exchanges. There has been a break in the story in that the U.S. is no longer planning to file suit, as it has already gained access to the nearly 300 accounts that the stolen money had been filtered into. The country is now moving to transfer these funds back into American digital...