Crypto news

A bitcoin-based blockchain company called Bitxoe is looking to establish a new product that will make BTC transactions much safer and more secure for users.Bitxoe Is Making BTC SaferOne of the biggest concerns surrounding the bitcoin market today is a lack of safety. Many exchanges and wallets have been attacked and robbed, with hackers making off with sometimes millions of dollars in crypto funds. In addition, many of these platforms often do not offer insurance, and as a result, the...

Early yesterday, Pfizer announced that the early phases of its new coronavirus vaccine bore positive results. The stock market has since shot up following the news, while bitcoin has also recently jumped up to the $9,400 range from $9,200.Bitcoin Is Exploded Following Vaccine HopeThe coronavirus has been one of the biggest global pandemics in recent history, as many countries throughout the world – not just some contained to a certain area or continent – have been affected. Regions of Asia,...

Trading in financial markets can be a profitable but also dangerous endeavor. It requires knowledge, skills, and experience no matter the market traders are employing.Of course, gaining experience could be related to actually registering losses but it could also help to learn from traders with a long history in the field. CryptoPotato recently had the chance to interview one such trader – Chris Dunn.Dunn is among the first YouTubers specialized in the field of Bitcoin and cryptocurrency...

Poloniex, one of the veteran cryptocurrency exchanges, will be joining the derivatives party. The venue has launched Poloniex Futures – a platform that allows traders to use BTC perpetual swaps with USDT as collateral and up to 100x leverage.Poloniex Joins the Bitcoin Futures PartyAccording to an official release dated July 11th, Poloniex has announced the launch of its Futures trading platform.Following the launch, traders will be able to adequately long or short Bitcoin using a leverage...

Craig Wright, the man who claims to be Bitcoin inventor Satoshi Nakamoto, says Bitcoin is not and was never intended to be, censorship-resistant.According to Wright, who wrote in a blog post from July 10 titled What is Censorship Resistance, the common assumption that Bitcoin holders are protected from economic censorship is nothing but a myth.And the scary thing is, Wright might be right.Craig Wright: No Censorship Resistance on BitcoinWright’s latest blog post drew analogies between Bitcoin...

The lack of substantial price movements from Bitcoin during the past 24 hours, while simultaneously altcoins and, DeFi tokens, in particular, rise, means that BTC’s dominance over the market continues to decline to its yearly low.Altcoins And DeFi On The RiseThe altcoin market indicates several impressive gainers throughout the past 24 hours. Above all now stands Ampleforth (AMPL), with a significant increase of over 30% to $4.This surge comes merely weeks after the company announced the...

Unlike Bitcoin’s stability, the altcoins are celebrating in their own party. Bitcoin dominance recently reached its yearly-low areas after dropping below 62.5% over the past few hours.Wild Move Upcoming?From a technical point of view, Bitcoin’s stability period like this usually ends with a wild move. The indicator we mainly use to measure volatility is the Bollinger Bands.Those are the three lines following the price action’s candlesticks on the following daily chart. Whenever the upper and...

Bitcoin prices followed stock markets down on Friday, sliding to an intraday low of $9,050; however, the primary cryptocurrency was able to recover in order to reclaim $9,300 over the past day but failed to break resistance there, sliding again to around $9,200 during most of Saturday.BTC/USD, Bitstamp. Source: TradingViewThe move has kept BTC within its range-bound channel as the consolidation, which began in early May, resumes. Trading volumes and volatility is dwindling, which could signal...

The Commodity Futures Trading Commission (CFTC) says it is having trouble locating a man named Benjamin Reynolds, a person allegedly responsible for a bitcoin theft of $147 million or more.The CFTC Is Trying to Find an Alleged Scammer That’s MIAReynolds first initiated the scam in 2017. As the director of the cryptocurrency investment firm Control Finance in the United Kingdom, Reynolds initially sought to get people on board by guaranteeing returns of 45 percent or more on whatever they...

Dogecoin has been spiking hard all week, and crypto analysts everywhere are desperate to find out why.Why Is Dogecoin Pumping So Wildly?The currency initially began as a joke – a rival of bitcoin that was never designed to be taken seriously. After all, the asset’s mascot is a cute little Shiba Inu, not the hardcore dollar sign-shaped B that has become so synonymous with bitcoin.However, something strange has been happening with the currency, which was declared to have a $1 billion market cap...