The launch of the updated Augur v2 betting platform has attracted massive interest from investors. Recent data indicated that the number of active addresses has skyrocketed on the day after the v2 release.Augur V2 Is LiveThe veteran decentralized betting platform allowing customers to place bets on various cryptocurrency-related outcomes Augur launched the second version of its platform on July 28th, 2020. Dubbed Augur v2, it has brought multiple upgrades, including touching upon the ongoing...
Read More »Elrond Mainnet Goes Live, Introduces Deflationary Model
The popular blockchain project designed for value transfers Elrond has announced that its mainnet is now live. The company also informed that Elrond’s economic model will transform by introducing deflation for its native cryptocurrency.Elrond Mainnet Goes LiveAccording to a press release shared with CryptoPotato, the first application to launch on the Elrond blockchain is called Maiar. It’s a “user-focused decentralized financial application enabling seamless onboarding and multiple...
Read More »ICONOMI Introduces Crypto Social Trading and Re-invents Portfolio Management
[PRESS RELEASE]The Crypto sector is getting an upgrade, ICONOMI delivers to crypto what a known social trading platform offers for stocks (Copy Strategies). ICONOMI introduces new platform with crypto social trading and re-invents portfolio managementToday 30.7.2020, ICONOMI has launched a new version of their platform. ICONOMI 2.0 was completely rewritten and redesigned bottom up, in order to bring forward its social trading features and enable global use of the Crypto Strategies.From now on...
Read More »Busted: Core Team Behind $5.8 Billion PlusToken Scam Finally Arrested
After perpetuating one of the largest fraudulent projects in the crypto industry, the core team behind the popular PlusToken crypto scam has finally been arrested by the Chinese police, a Thursday report revealed.27 PlusToken Key Members ArrestedAlthough earlier reports suggest that some of the PlusToken officials were caught months ago, today’s report notes that the 27 individuals arrested were the core members of the fraudulent scheme, bringing the saga to an end.Chinese law enforcement has...
Read More »Bitcoin Parabolic Surge Starting to Look Weak, Reversal Inbound? BTC Price Analysis
$7 billion has exited from the global crypto market in the last 12 hours, leaving a vast majority of token projects, including Bitcoin, in the red today.Right now, the total market capital stands at around $330 billion, according to Coingecko data. During the early Asian trading session this morning, there was an exodus of $5 billion in less than an hour, but it’s still uncertain why this drop has occurred.Is this an early sign that bitcoin sentiment is turning bearish?Bitcoin...
Read More »Investment Giant Fidelity: Bitcoin Is a Store Of Value
Fidelity Digital Assets, the subsidiary of the large American investment company Fidelity Investments, has published a report on Bitcoin highlighting that its benefits have helped BTC to become an “aspirational store of value” for investors.Bitcoin’s Store Of Value FunctionsLaunched in October 2018, Fidelity Digital Assets has become a significant player offering cryptocurrency services for large institutions. While initially operating only in the US, the company announced expanding to Europe...
Read More »#936 Ethereum wird 5, Iran erlaubt Kraftwerken Bitcoin Mining & Bitcou Epay Master Debit Karte Gewinner
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 936. Heute sprechen wir über folgende Themen: Ethereum wird 5 – Wohin geht die Reise, Iran erlaubt Kraftwerken Bitcoin Mining & Bitcou Epay Master Debit Karte Gewinner. Die heutige Show wird gesponsert von Bitwala Blockchain Banking – HODLer aufgepasst – Wie wäre es mit bis zu 4,03% auf deine BTC jährlich und 20 Euro Willkommenbonus? Das bietet dir dein persönliches Bitwala Bitcoin Ertragskonto. Jetzt...
Read More »EOS Price Analysis: Dips Could Find Strong Bids For Fresh Rally
EOS price started a steady increase above the $2.800 and $3.000 resistance levels against the US Dollar.The price traded to a new monthly high at $3.147 and settled above and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $2.850 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could correct lower in the short-term, but dips might find buyers near $2.950 and $2.850.EOS price is back in a bullish zone above $2.800...
Read More »Litecoin (LTC) Price Analysis: Bulls Likely Basing For Next Rally
Litecoin price gained bullish momentum above the $45.00 and $50.00 resistance levels against the US Dollar.LTC price traded to a new monthly high at $58.07 and settled above the 55 simple moving average (4-hours).There is a short-term contracting triangle forming with resistance near $55.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could start a fresh rally if it clears the $55.50 and $56.00 resistance levels in the near term.Litecoin price is trading in a...
Read More »The Most Valuable Crypto Besides Bitcoin is Not Even 1 Year Old
It is 2020, but for some reason, it feels like 2017 again. Why? It’s the YFI (no, not WiFi). Yearn Finance’s YFI token doesn’t seem to slow down. At all. The ‘absolutely no-value’ token has actually achieved a $4000 valuation and has become the second-highly priced crypto asset after Bitcoin.YFI Becomes the Second Highest Priced CryptocurrencyThey don’t compare the cryptocurrency space to the wild-wild west of finance for nothing. Especially when you have a token like YFI, which theoretically...
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