Dave Portnoy has bought $200,000 in bitcoin and $50,000 in chainlink in a video with the Winklevoss twins. Portnoy bought the crypto despite understanding almost nothing about Bitcoin. The video also sees the trader plan his own “DaveCoin,” and accept the idea that Elon Musk will soon crash gold by mining it on asteroids. Dave Portnoy has bought crypto in a bizarre “crash course” video with the Winklevoss twins. Posted to Twitter, the clip shows the trader trying — and...
Read More »Controversy Spirals Around Curve Finance (CRV) Anonymous Deployment
One of the more popular protocols in the DeFi space, Curve Finance, saw its CRV token deployed by an anonymous developer who appears to have front-run their efforts.The team has confirmed the legitimacy of the deployment and its further adoption. Shortly after, some of the major exchanges, Binance and Poloniex, announced their support for trading the token.Curve Finance (CRV) Token DeploymentThings happen fast in the cryptocurrency industry and even quicker in the booming DeFi space. Earlier...
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...
Read More »#948 Bitcoin Dominanz fällt unter 60 Prozent, YAM Defi Bug & Bitmex KYC kommt
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 948. Im heutigen Video geht’s um folgende Themen: Bitcoin Dominanz fällt unter 60 Prozent, YAM Defi Bug – Coin verliert massiv an Wert & Bitmex führt ID Checks für alle Kunden ein. Vielen Dank an den heutigen Sponsor www.crypto-review.com – Verdiene BTC oder Dash für deine kurze Meinung zu deinen Lieblingscoins – https://www.crypto-review.com/coins_uebersicht.html 1.) Bitcoin Dominanz fällt unter 60% –...
Read More »BTC Dominance At 1-Year Lows as Ethereum Skyrockets 9%
Bitcoin’s dominance over the market continues to suffer even though BTC has recovered from its dips and trades at $11,750.This is primarily because of numerous impressive alt pumps, including Ethereum, which finally broke above $400 after its significant price surge.Ethereum Over $400, LINK (Another) ATH, Alts RejoiceThe second-largest cryptocurrency by market cap is among the most impressive gainers from the past 24 hours. Ethereum dipped below $380 yesterday, but bulls took control and...
Read More »Ethereum (ETH) Price Rallies Above $420 as Total Value Locked in DeFi Hits $5 Billion
Ethereum’s native cryptocurrency, Ether has experienced an explosive price action in the last few hours. ETH surged by more than 8 percent to move past the $420 price mark breaking out of a week-long consolidation.Also, the Ethereum based decentralized finance ecosystem just registered a new milestone. The total USD value locked in DeFi hit the $5 billion mark.ETH Regains Position Above the $420 Level After 2 YearsIn a thunderous bout of volatility, ETH jumped by more than 8 percent to...
Read More »Litecoin (LTC) Price Analysis: Bulls Aiming Bullish Break Above $60
Litecoin price found support near the $52.00 level and remained well bid against the US Dollar.LTC price is currently rising above the $55.00 level and testing the 55 simple moving average (4-hours).There is a major declining channel forming with resistance near $57.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to accelerate higher if it clears the $58.00 and $60.00 resistance levels in the near term.Litecoin price is trading in a positive zone above...
Read More »Bitcoin and Gold Appear to Be More Correlated Than Ever
Recently, bitcoin took a nasty dive of approximately $600 despite being on the verge of crossing the $12K threshold.Bitcoin Dives, and Gold Does the SameAs late as Monday, the world’s number one digital currency by market cap was trading for over $11,900, meaning it was just a few dollars away from breaking present resistance and moving even further up the financial ladder. Sadly, this wasn’t meant to be as the asset ultimately drove itself back to the $11,300 mark just 24 hours later.Bitcoin...
Read More »US DOJ Seizes Over 300 Cryptocurrency Accounts Allegedly Operated By Al-Qaeda and ISIS
The US Department of Justice (DOJ) has made its largest seizure of cryptocurrency accounts allegedly belonging and operated by some of the most feared terrorist organizations, namely al-Qaeda, ISIS, and Hamas.DOJ Seizes Cryptocurrency Accounts Operated By TerroristsAccording to the press release shared by the Justice Department earlier today, US authorities have seized over 300 accounts containing millions of dollars worth of various cryptocurrencies allegedly belonging to terrorist...
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