Cryptocurrencies are still correcting before another attempt to start a new bullish impulse. In charts of many cryptoassets, they are forming a Triangle pattern, a breakout of which to the upside may lead to the continuation of the current trend.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.Cryptocurrencies are still correcting before another attempt to...
Read More »Ethereum Registers Extreme Price Hikes
On August 2 the price on Ethereum hit an all-time high of $420. Despite the rapid ETH price fluctuations investors are still very optimistic about its future.The world of cryptocurrencies has been quite stagnated for quite some time now. The big names in the market – Bitcoin, Ethereum, and others – had been registering alarmingly low marks for several months. However, cryptocurrency analysts had been expecting the market to become bullish and the signs of this have begun to show now. What’s...
Read More »Revolut: Mehr als 100 Millionen Verlust
Der Schweizer Markt gehört zu den am schnellsten wachsenden Märkten von Revolut in Europa – zusammen mit Ländern wie Italien, Portugal, Irland, Rumänien und Polen. Innovative Unternehmen wie Revolut und Transferwise haben den Bankensektor disruptiert. Revolut ist komplett gratis — die Kunden freut’s; doch das Unternehmen schreibt Verluste: Die britische Startup Bank Revolut...
Read More »Line Messenger: Erste Token auf Bitmex verfügbar!
Ab sofort kann der Token der beliebten japanischen Messaging-App LINE an der Kryptobörse BitMax, die in Singapur ansässig ist, gehandelt werden. Mit einer Firmenmitteilung vom 06. August kündigte LINE erst kürzlich an, dass der eigene Token LINK (LN-Token) in Zukunft zum Handel an der Kryptobörse BitMax freigegeben wird. Der Messaging Dienst kann aktuell rund 84 aktive Nutzer in Japan vorweisen. Damit...
Read More »New York Financial Watchdog Approves Bitcoin and Other Cryptos for Custody and Trading
Following a recent update, the New York State Department of Financial Services (NYDFS) has approved eight cryptocurrencies for sale and trade and ten digital assets for custody by licensed entities.NYDFS License Cryptocurrencies For Trading And CustodyIn the latest update posted, the NYDFS has outlined the importance of regulating all assets available for purchasing and trading in the state. The department responsible for regulating financial services and products has been exploring multiple...
Read More »Ledger signale une vulnérabilité affectant le chemin de dérivation de certaines cryptomonnaies
Le 2 mai 2020, Monokh, un chercheur en sécurité a signalé une vulnérabilité dans les applications dérivées de Bitcoin (Litecoin, Dogecoin… liste disponible ICI) qui pourrait être utilisée pour inciter les utilisateurs à signer une transaction pour une cryptomonnaies différente que celle pour laquelle ils souhaitent signer. En exploitant cette vulnérabilité, quelqu’un de malveillant pourrait par exemple faire signer à l’utilisateur une...
Read More »Crypto Price Analysis August 5: BTC, ETH, LTC, XRP, BCH
A long-expected growth of volatility finally came and a lot of cryptoassets left their respective sideways channels.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.Right now, they are steadily growing and demonstrating excellent dynamics. On shorter times frames, many assets are forming different patterns in favor of further bullish tendencies. For bulls,...
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 »Messari: DeFi is Smaller Than Some Worthless Cryptos
Messari crypto researcher, Ryan Watkins, has recently delved into the market values of the decentralized finance sector, comparing it to some of the other players in the crypto industry. He concluded that DeFi is still a minnow despite its massive growth in popularity this year.The entirety of what we call DeFi is worth less than both XRP and Bitcoin Cash alone.Despite its rerating over the past couple months, DeFi is still extremely small in perspective.1/ pic.twitter.com/rd4LZbDeu6— Ryan...
Read More »Grayscale AUM Surge $500M In A Week, Bitcoin Shares in the Lead
Grayscale Investment, operators of the largest crypto hedge fund, is close to reaching a $5B valuation after adding $500M to its assets under management (AUM) is less than a week. Meanwhile, other cryptocurrency funds like Tetras Capital are shuttering after low returns despite market-wide recovery since Black Thursday. Grayscale Crypto Fund AUM at $4.8B Tweeting on Monday, Grayscale revealed that its crypto fund AUM was currently at $4.8B. Comparing with the figures from five days ago, it...
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