Tag Archives: BTCGBP

The DeFi boom continues with full force as the total value locked approaches $5 billion. Interestingly enough, a relatively young cryptocurrency has turned into the poster child of yield farming – YFI, the governance token of yearn.finance.Launched just a few weeks ago, YFI is currently the second-most expensive token on the market, valued upwards of $6,000. Its growth rate is nothing short of impressive, and community members are already wondering if it would be able to catch up and even...

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...

Bitcoin is heading upwards again with another attempt to conquer the $12,000 mark. The altcoin market is also very volatile as Chainlink painted another all-time high.Bitcoin Tries $12KAfter the mostly calm weekend, Bitcoin decided to act and aimed at a familiar target. The primary cryptocurrency went from yesterday’s low at $11,550 to $11,750 in a few hourly candles before surging to $12,050.It has retraced slightly since then and is currently hovering just below the $12,000 mark. So far,...

Last week in the DEFCONConference, CTO of blockchain software development firm, Pyrofex, Michael Stay, recounted how he helped recover private keys for Bitcoins worth more than $300,000. The keys were locked away in a zip file, and Stay was entrusted with the job to break in and retrieve them.$100,000 For Recovering $300,000 Worth of BitcoinAfter going through his paper on decrypting encoded zip files, ‘The Guy’, a Russian national, approached Michael on LinkedIn in October last year.He had...

Known in the cryptocurrency field as The Wolf of All Streets, Scott Melker is arguably one of the most influential personalities in the community in recent years.With more than 110,000 followers on Twitter, Melker gives out helpful market analysis to both novice and experienced crypto traders and is known for his friendly and easy-going attitude.CryptoPotato had the chance to do an exclusive interview with The Wolf of All Streets, where he shared some exciting details about his journey to...

‘Buy the dip’ is a popular strategy among traders and investors and especially within the cryptocurrency field, especially for Bitcoin trading.As Bitcoin approaches what seems like a begging of another bull-run, and based on the past real bull-run of 2017, buying dips might be a very wise and profitable strategy for trading the current market conditions.What Is Buy The Dip In Bitcoin?The financial markets, especially the cryptocurrency ones, tend to fluctuate in price actions. Even if there’s...

As of the middle of the weekend, Bitcoin continues to fluctuate in a range from $11,400 to $11,800, while most altcoins are trading in green.Yet, Chainlink has attracted another wave of serious interest after an eventful 24 hours and a fresh all-time high painted.Bitcoin and Altcoins In The GreenAfter a sudden dip to $11,200 on Friday, the primary cryptocurrency has managed to regain its composure. The bulls didn’t allow any further declines and pumped the price upwards.Since then, Bitcoin...

Bitcoin’s had a tumultuous week of trading, there’s no doubt about it. While the overall trend remains intact, according to most analysts, the cryptocurrency definitely kept us on our toes. Last Sunday was likely the most volatile day of the week when Bitcoin surged past $12,000 only to drop to around $11,300 in a violent wick. This also led a lot of alternative coins to follow the same pattern, leaving many traders in dismay. It didn’t take that long for BTC to recover as it...

The past week was incredible for Bitcoin. During the previous weekend, the primary cryptocurrency saw its price touching above $12K and dumping to $10,500. A loss of $1600 in a matter of minutes.However, throughout the past week, the price slowly recovered towards the $12K mark once again. On Thursday, when it seemed that a new 2020 record is coming up, we warned here following a second failure to break the $12,000 resistance mark.Yesterday Bitcoin plunged to as low as $11,200 (prior...

Germany’s financial regulator has come down hard on Bitcoin ATMs that are operating in the country without a license.BaFin Clampdown on Unlicensed Bitcoin ATMsAccording to a report by Handelsblatt, the German Federal Financial Supervisory Authority (BaFin) targeted operators of Bitcoin ATMs that were working in the country illegally. Only BTC machines with a BaFin license according to the German Banking Act can function in Germany.The report further reveals that the operator of BTC ATMs under...