Tag Archives: AA News

CryptoPotato’s cryptocurrency fund (the Crypto Fund) launched nearly a year ago continues to attract new investors and its performance has increased sharply during 2020 and especially in the past month. The growth comes after a significant change in its asset allocation with the purchase of Augur’s native token – REP. CryptoPotato’s Crypto Fund History During the summer of 2019, CryptoPotato launched an innovative fund that invests in several digital assets. Before going live, readers had...

Alternative cryptocurrencies felt today’s pressure as Bitcoin finally poked its head. The major cryptocurrency is on the rise today, and as it’s almost always the case, this took its toll on altcoins. Bitcoin managed to regain almost 1.5% of its market dominance over the past 24 hours alone, leaving other cryptocurrencies in despair. Altcoins Down Double-Digits One of the most precise metric to keep an eye on to determine the current state of the market is Bitcoin’s dominance. It measures...

It’s been quite a year for Ethereum as on-chain activity on the network continues to spike, comparable to what it was during the bull run of 2017. Tx Fee Surged 688% According to new research on Decentralized Finance (DeFi) by Xangle, a global crypto-asset disclosure platform, the transaction volume and fees on the Ethereum network recorded tremendous growth in the second quarter of 2020. Daily ETH transfer volume surged 61.7% as transactions surpassed 1,000,000, reaching 52 weeks high on...

Bitcoin’s price took a turn for the best over the past couple of days as it breached the coveted $10,000 mark in today’s early hours.  Naturally, this brought a lot of excitement in the cryptocurrency community, and a definitive testament of this is the reaction of Arthur Hayes – the CEO of one of the leading Bitcoin margin trading exchanges, BitMEX.  “It’s A F***** Bull Market” Arthur Hayes, the CEO at BitMEX, is known for his eccentric behavior and witty comments. More than once has he...

Crypto asset markets have been on fire over the weekend with a surge of $17 billion, or just under 6%, since Saturday morning. The move has lifted total market capitalization to its highest level since mid-February, and the first time it has been over $300 billion for five months. Cryptocurrency Market Capitalization YTD. Source: CoinMarketCapFollowing a largely flat year in 2019, crypto markets recovered to a high of $308 billion by mid-February this year. A pullback occurred in the...

Bitcoin started gaining momentum yesterday and saw its price increase above the coveted $10,000 mark. At the same time, gold continued its recent surge by marking a fresh all-time high. Some altcoins retraced heavily in the past 24 hours, helping Bitcoin’s dominance reclaim some lost ground. Bitcoin Stands Above $10k After weeks of trading within a confined range between $9,000 and $9,300, Bitcoin has finally woken up. The past couple of days are particularly action-packed. Yesterday, in a...

Bitcoin used to show a higher correlation to the stock markets, especially amid the lowest point of the pandemic. However, it has taken a different route during the last few days.Bitcoin-S&P 500 Correlation Departs from ATHTypically, Bitcoin is regarded as an independent asset that often acts as a safe haven. Its fundamentals are different from those driving the stock market. Nevertheless, the oldest cryptocurrency was caught following the American flagship index known as the S&P 500...

A recent report revealed that while 70% of organizations based in Mexico utilize cloud services, their networks are alarmingly exposed to external threats. Local companies have particularly complained that the number of cryptojacking cases has increased in the past year.Cryptojacking Rises In MexicoThe so-called cryptojacking term relates to cases when an attacker gains unauthorized access to a mobile device or a computer to mine or mint cryptocurrencies. According to a recent research...

Crypto security expert Harry Denley has done it again. The antiphishing professional, in association with Binance, helped a victim get back $10,000 worth of lost cryptocurrency. Previously ‘Helping Harry’ had recovered $4000 worth of stolen crypto funds for a user.Fake MetaMask and Uniswap UI Used for Stealing CryptoIn his latest blog article, Harry Denley, a security and antiphishing expert at cryptocurrency management firm MyCrypto recounted an incident where he intercepted $10,000 worth of...

It appears to be obvious that the boring days of Bitcoin trading are over. The cryptocurrency went on a spree over the past week, gaining more than 10% and breaking the coveted $10,000 mark for the first time since June.Bitcoin Price Does it Again: Over $10,000The past couple of weeks were fairly boring when it came to Bitcoin’s price action. After all, the cryptocurrency remained trapped in a very tight range for most of July.This saw the Bollinger Bands squeezing very tightly, which is...