The past 24 hours were somewhat positive for most financial markets, including the cryptocurrency field. While Bitcoin was on the rise and gained $300 intraday, the S&P 500 index and the Dow Jones are up by nearly 2%. Nasdaq marked a new all-time high after an increase of 2.2%Crypto Market Goes UpAlthough Bitcoin was fighting to remain above the coveted $9,000 mark hours ago, the bulls managed to gain control and pushed it upwards. The primary cryptocurrency registered price increases as...
Read More »#919 Cardano Staking Coinbase, geringe Bitcoin Volatilität & Digitaler Yuan vs Tether
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 919. Heute sprechen wir über folgende Themen: Cardano Staking auf Coinbase, historisch niedrige Bitcoin Volatilität & Digitaler Yuan wird es schwer haben gegen Tether. 1.) Historisch niedrige Volatilität hat die Liquidität von Bitcoin ins Wanken gebrachthttps://coincierge.de/2020/historisch-niedrige-volatilitaet-hat-die-liquiditaet-von-bitcoin-ins-wanken-gebracht/ 2.) Cardano Staking kommt – starke Woche für...
Read More »Ethereum DeFi: Aave Google Searches Explode, But Not For Why You Think
The sudden rise of decentralized finance (DeFi) applications in 2020 has rearranged the cryptocurrency landscape. In a little over two years, a combined sum of $2 billion has made its way into various DeFi protocols, while giving birth to the “yield mining” meme in the meantime.With this in mind, it perhaps shouldn’t be a surprise to learn that searches for Aave have exploded on Google Trends. Aave (LEND) is the third-largest lending protocol on Ethereum, with over $138 million locked in, and...
Read More »These Two Bitcoin Indicators Just Hit New Highs, Will BTC Price Follow Next?
According to Charles Edwards, founder of crypto asset management firm, Capriole Investments, Bitcoin’s Energy value hit an all-time high. That’s not all. The cryptocurrency’s mining hash rate also posted fresh highs yesterday. Will Bitcoin (BTC) price follow next?Bitcoin’s ‘Intrinsic Value’ Is On the Way UpAs per a tweet posted by Mr. Edwards, Bitcoin’s Energy Value is the cryptocurrency’s ‘intrinsic value.’ This indicator propounded by him has hit new highs and is reason enough to be...
Read More »Cosmos, Polkadot and Terra Announce a Joint DeFi Protocol with High-Interest Yield
Three blockchain projects have teamed up to develop a Decentralized Finance (DeFi) savings project that allows investors to earn high-interest yields on stablecoin deposits, according to a Monday release.Anchor Savings ProtocolDubbed Anchor, the savings protocol is a joint venture between interoperable, scalable blockchain network Cosmos, decentralized web 3.0 blockchain interoperability network Polkadot, and decentralized stablecoin Terra.Per the announcement, the partners claim Anchor’s...
Read More »Can Millennials Help BTC to Reach New Heights?
According to some analysts, bitcoin is stuck in a dark place, but millennials can potentially pull the world’s number one cryptocurrency by market cap out of its present funk and help it reach new heights.Millennials Are the Answers to BTC’s Present ProblemsAs it stands, many crypto experts and analysts see millennials as the answer to many of bitcoin’s problems. One of the biggest issues for BTC at the time of writing is that it is widely considered to lack legitimacy when compared with USD,...
Read More »Binance Ordered To Stop Offering Derivatives Trading Products In Brazil
Brazil’s CVM Says no to Binance Futures Trading: In a statement released on Monday, the Comissão de Valores Mobiliários (CVM) — Brazil’s securities regulator — announced the ban on Binance crypto derivatives trading in the country. According to the CVM, Binance is not authorized to offer securities trading in Brazil.For the CVM, crypto derivatives constitute a securities offering regardless of whether the underlying asset like Bitcoin (BTC) is not a security. Following the statement, Binance...
Read More »Kraken UK Subsidiary Obtains FCA Trading License
Kraken’s London-based subsidiary, Crypto Facilities, has reportedly become the first firm to get a trading license from the UK regulator, the Financial Conduct Authority (FCA).Kraken’s Crypto Facilities Becomes First in Europe With Trading LicenseAccording to Financial News on Monday (July 6, 2020), the Multilateral Trading Facility (MTF) license will enable the crypto futures platform to offer its derivatives market to institutional investors. Timo Schlaefer, Chief Executive at Crypto...
Read More »Bill Burr Will Purchase BTC After Chatting With Anthony Pompliano
Bitcoin has a new fan. Comedian Bill Burr, arguably one of the biggest comedians in the world following his Netflix special “F Is for Family,” announced that he is going to invest in the world’s number one digital currency by market cap after speaking with bitcoin bull and investor Anthony Pompliano.Anthony Pompliano Can Chalk Up Another Investor to His CreditPompliano was recently a guest on Burr’s podcast, and after a conversation that lasted more than an hour and 25 minutes, Burr found...
Read More »Over $15M Stolen from US Companies and Converted to Bitcoin May Not Be Recovered, FBI Says
The US Federal Bureau of Investigations (FBI) said that the $15.3 million that a Nigerian scammer stole from two Chicago-based firms might not be recovered because the funds were converted to Bitcoin.Alleged Nigerian Scammer Arrested, But He Apparently Doesn’t Reveal Bitcoin KeysNigerian media reported that Olalekan Jacob Ponle, nicknamed Woodberry, organized large-scale business email compromise (BEC) schemes. He targeted employees of two Chicago-based firms and manipulated them to conduct...
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