Australian XRP hacker sentenced to 2 years in jail
00:00 | 2020-Aug-13

An Australian court has sentenced a woman to two years in prison over charges of stealing 100,000 XRP tokens in January 2018. [...]

Categories Analysis

Bitcoin Could Retrace to $9,000 if it Breaks Below This One Key Level
23:00 | 2020-Aug-12

Bitcoin is now hovering within the mid-$11,000 region following the intense bout of selling pressure it witnessed yesterday The decline beneath $11,200 was quickly absorbed by bulls, although BTC remains in a somewhat precarious position One analyst is pointing to massive support just below where…

Categories General

Ethereum is at Risk of Losing a Crucial Level Following Yesterday’s Selloff
20:00 | 2020-Aug-12

Ethereum has been closely tracking Bitcoin’s price action in recent weeks, which caused it to see some intense bearishness yesterday The cryptocurrency’s price dove as low as $367 once the selling pressure began peaking From this point, it saw a strong rebound that allowed it to recapture that vast…

Categories General

Price Analysis 8/12: BTC, ETH, XRP, LINK, BCH, BSV, LTC, ADA, XTZ, BNB
18:58 | 2020-Aug-12

As Bitcoin price slowly regains momentum, many altcoins have been rewarding traders by rallying to new all-time highs. On August 11 MicroStrategy, the world’s largest publicly traded business intelligence company, announced that it had ditched fiat currency and built its primary treasury reserve…

Categories Analysis

Bitcoin Bulls Defend Critical Support; Here’s Where it May Go Next
18:00 | 2020-Aug-12

Bitcoin saw a notable drawdown yesterday that came about after bulls once again failed to break the $12,000 resistance level This led BTC to lows of $11,200 that were ardently guarded by its buyers, and it has since bounced slightly The ongoing bounce likely marks bulls attempt to regain control…

Categories Analysis

ChainLink bullish rally pushes it to 6th in market capitalization
15:30 | 2020-Aug-12

ChainLink is now the 6th most valuable crypto asset with a market capitalization of valued at $4.65 billion according to CoinMarketCap.The rise of ChainLink has been in the making for the past few years, gaining over 450 percent in the past 12 months alone. The surge in price has been a big…

Categories Analysis

Bitcoin Cash (BCH) Whales are leaving the Network to Cash out Profits Community is Unshaken
12:05 | 2020-Aug-12

Catch up on the latest crypto market news at The Currency Analytics. Bitcoin Cash can be deposited in the Litecoin Card and it can be converted for spends to enjoy the real…

Categories General

Coinbase to Offer Bitcoin Loans to US Customers
06:32 | 2020-Aug-13

Coinbase is going to allow it’s United States customers to borrow fiats with Bitcoin as collateral, the popular exchange and wallet platform announced on Thursday.

Categories Blockchain

Is The Bitcoin Bull Market In Danger?
06:03 | 2020-Aug-13

Bitcoin has been retesting the important support of $12k without any luck for the moment. Now, the crypto market looks excellent, with the most important coins trading in the green. Bitcoin is no exception and the king coin is also trading in the green. At the moment of writing this article, BTC is…

Categories Analysis

BAND’s Price is Up Over 6000% Since January: What’s Driving the Bull Run?
10:59 | 2020-Aug-12

As altcoin season presses on, it’s beginning to look a lot like 2017 again. Of course, things are much different now: the ‘wild west’ days of crypto are (almost) certifiably over. Nowadays, there are more regulations, better community standards, and an investing public that is much savvier and less…

Categories Analysis

Calculating Ethereum (ETH) Total Supply Seems Impossible, Bitcoiners Insist
11:01 | 2020-Aug-12

The thorny question of how Ethereum (ETH) total supply can be calculated has been generating series of arguments on Twitter for the past few days and it doesn’t look like it’ll come to a halt soon. Bitcoin enthusiasts, over the week, have taken to the Bird social media space how they have been…

Categories General

Bitcoin Could Be On The Cusp Of A Roaring Rally, According To Goldbug Dan Tapiero
17:57 | 2020-Aug-12

Dan Tapiero, the co-founder of Gold Bullion International and founder of DTAP Capital has predicted that bitcoin will see up to 10X returns in the coming years. Tapiero’s optimism comes despite the BTC price recently rejecting the $12K level for the second time in a span of two weeks. Why A…

Categories General

Chainlink rallies to fresh highs of $16, but data reveals mounting selling pressure
02:34 | 2020-Aug-13

Chainlink’s price has flashed signs of intense strength in recent weeks, with each pullback being aggressively bought by bulls.

Categories Blockchain

A Vulnerability in Tor May Have Allowed Bitcoin Theft
16:19 | 2020-Aug-12

A newly published research suggests that attackers have found vulnerabilities in the Tor browser. This vulnerability may have allowed attackers to steal Bitcoin from the [...]

Categories General

Defi Explosion: Chainlink (LINK) Records 80% Weekly ROI As Bitcoin Dominance Below 60%
07:22 | 2020-Aug-13

Despite recovering from yesterday's dump, Bitcoin's dominance drops to 59.5% for the first time in over a year. Altcoins surge in value with new ATHs from LINK and XTZ.

Categories General

The Sandbox: the $SAND token available on Binance Launchpad
07:12 | 2020-Aug-13

The game is based on the Ethereum blockchain and is now launching its own IEO

Categories Exchanges

Flare Network Rolls Out Digital Asset For XRP Holders
06:54 | 2020-Aug-13

Ripple has been making massive efforts to boost the XRP ecosystem and also to push the mainstream adoption of the digital asset XRP. The firm has been seeing lots of achievements even in 2020 when we’re in the middle of a global crisis that has been triggered by the pandemic. Flare Network rolls out…

Categories Analysis

Australian Woman Jailed Two Years for Stealing $300,000 Worth of XRP
07:00 | 2020-Aug-13

An Australian hacker who stole 100,000 units of the XRP cryptocurrency has been sentenced to a maximum of two years and three months in jail, local media reported. Kathryn Nguyen hacked the crypto account of a 56-year old man in January 2018. Working with an accomplice, the 25-year-old Sydney woman…

Categories General

Nigerians Are Using Bitcoin to Bypass Trade Hurdles With China - CoinDesk
07:00 | 2020-Aug-13

Nigerian entrepreneurs are increasingly using bitcoin as a way to trade internationally, noting its significant benefits over legacy financial systems.

Categories Mining

Coinbase’s Bitcoin Batching Has Saved 75% in Fees and Reduced Daily Transactions By 95%
21:25 | 2020-Aug-12

Bitcoin transaction batching, which combines many send requests into a single transaction on Coinbase, has saved over 75% in transaction fees, and in turn, reducing total daily transactions by 95%. In their most recent blog, Coinbase reported the findings to highlight the benefits of Bitcoin…

Categories General

A documentary about Craig Wright is coming soon
06:29 | 2020-Aug-13

Calvin Ayre, a supporter of the Bitcoin Satoshi Vision (BSV) blockchain, has posted several photos showing that shooting is in progress

Categories General

Top DeFi Tokens on August 13th: LINK, AMPL, LEND. Will the Trend Continue?
06:38 | 2020-Aug-13

Decentralized finance seems to be the new order of the day. While we see a rise in the exchange volumes across decentralized exchanges, we also notice an uprising of several tokens that present business propositions along such lines. Among the top players of the industry include LINK, which has been…

Categories General

US Banks Welcomes the OCC Letter about Cryptocurrency but Demand Clear Regulation Policy from the US...
21:30 | 2020-Aug-12

After getting a signal from the US banks watchdog, officials of major banks show a positive response but they have demanded clear regulatory policy about cryptocurrency from the US government. The Office for the Comptroller of the Currency (OCC) released a letter last month in which the US Regulator…

Categories Exchanges

Ethereum (ETH) Miners Are Cashing In
06:24 | 2020-Aug-13

There have been all kinds of bullish predictions about the price of Etehreum these days and at the beginning of this year as well. This is due to the fact that the coin is backed by very strong fundamentals. You may recall that back in March, IBTimes was writing that “Also, the case for a …

Categories Mining

Chainlink (LNIK) Surpasses Bitcoin Cash (BCH) After 28% Growth in 24 Hours
06:12 | 2020-Aug-13

Chainlink (LINK) became the 5th largest cryptocurrency in the market after surpassing Bitcoin Cash (BCH) in the last few hours. LINK surged by over 28% in 24 hours […]

Categories General

India Ranks Second in Blockchain Wallet Transactions While Cryptocurrencies Outperformed USD
06:18 | 2020-Aug-13

Recent data share staggering facts and insights about Blockchain Wallet Transactions and rise in crypto usage in July. It claims that the major cryptocurrencies outperformed the other traditional assets. Surprisingly, Crypto outperformed the US dollar as well, claims report. India Ranks Second in…

Categories General

US Banks Are Interesting To Hold Bitcoin And Cryptos
06:12 | 2020-Aug-13

Not too long ago, it’s been revealed that the US banks will have the ability to become custodians for clients’ digital assets. This would be definitely helpful for the mass adoption of Bitcoin and cryptos because it would boost trust in the industry. On the other hand, this defies the whole purpose…

Categories Exchanges

Gold’s Sharp Rebound After Rout Hints Bitcoin En Route to $12K
06:01 | 2020-Aug-13

Gold’s sharp rebound after logging its biggest plunge in 7 years left Bitcoin (Symbol: BTCUSD) in a comfortable space. The benchmark cryptocurrency seemingly copied the precious metal’s retracement moves during the Wednesday session. At one point in time, it was trading at $11,148 (data from…

Categories General

Prometei malware mines Monero as it steals data from target systems
06:00 | 2020-Aug-13

The botnet uses a complex, extensive modular system and a mixture of techniques to compromise systems and hide its presence from end-users to mine for Monero. [...]

Categories Mining

One Million South Koreans Now Have Blockchain Drivers Licenses
05:54 | 2020-Aug-13

The program was only launched in May but already one million South Koreans have opted for a blockchain based license. One million South Koreans have foregone their physical drivers license in favour of a blockchain-powered digital alternative used in conjunction with the PASS smartphone app. This…

Categories Blockchain

Chainlink (LINK) Soars 30% To New ATH, Dethrones Bitcoin Cash Spot
05:28 | 2020-Aug-13

Chainlink (LINK) rallied over 30% and it traded close to the $17.000 level against the US Dollar. It dethroned bitcoin cash and moved to the 5th spot in terms of the market cap. Chainlink token price is gaining momentum and it broke the $16.500 resistance against the US dollar. The market cap jumped…

Categories General

Boom! Kraken Predicts Imminent Bitcoin Price Rally of Up to 200%
05:33 | 2020-Aug-13

After record strength in the Bitcoin markets at the end of July, Kraken is predicting that BTC could see price gains of up to 200% over the coming weeks and months. Major U.S.-based crypto exchange Kraken has released a report predicting that Bitcoin ( BTC ) will rally by between 50% and 200% in the…

Categories Analysis

Global P2P Bitcoin Trading Volume at Highest Point Since Jan. 2018
04:59 | 2020-Aug-13

The global P2P markets are pumping, with numerous African and Latin American markets touching new all-time highs for volume. Combined global peer-to-peer ( P2P ) Bitcoin trading volumes have surged to their highest levels since January 2018, with nearly $95 million worth of Bitcoin ( BTC ) changing…

Categories Exchanges

Ethereum (ETH) Vitalik on Satisfying the Sound Money Religion
04:45 | 2020-Aug-13

Catch up on the latest crypto market news at The Currency Analytics. Vitalik Buterin is very keen in the process of supporting Ethereum ecosystem client diversity.  The community strongly believes in that…

Categories General

Bitcoin price approaches $11600, what to expect?
04:28 | 2020-Aug-13

The Bitcoin price line rose above the $11650 level on the 12th of August. Bit Profit is a Trading View analyst who believes that BTC price will rise towards $12000 next. 1-Day Bitcoin price analysis Bitcoin price chart by Trading View The 06:00 GMT, the price line fell to a day’s low of $11184.26.…

Categories Analysis

Tron’s BitTorrent Network Reaches 2 Billion Downloads
04:20 | 2020-Aug-13

Tron’s BitTorrent clients have been downloaded two billion times, but the BTT token remains down 74% from the ATH. Peer-to-peer file sharing service BitTorrent, and little brother uTorrent, have now been downloaded more than two billion times on various platforms. Last year the network accounted for…

Categories General

100 SMA Holds The Key For Next Bitcoin Rally Above $12K: Here’s Why
03:58 | 2020-Aug-13

Bitcoin found support near $11,120 and started an upward move against the US Dollar. However, BTC must break $11,650 and the 100 hourly SMA to start a fresh rally. Bitcoin is slowly recovering from the $11,150 and $11,200 support levels. The price is facing a couple of hurdles near the $11,600 and…

Categories Analysis

OKEx CEO: P2P platform an ‘important fiat on-ramp’ in India
04:00 | 2020-Aug-13

The platform will allow the users to buy digital currencies in the Indian rupee at zero fees, OKEx CEO Jay Hao tells CoinGeek. [...]

Categories Exchanges

Bitcoin Price Analysis: BTC/USD Prints A Bearish Pattern As Breakdown Back To $11,000 Beckons
03:17 | 2020-Aug-13

Bitcoin bulls are working hard to overcome the resistance at $11,600 as well as the hurdle at the 100 SMA. BTC/USD is still in danger of a return to $11,000 in spite of the support at $10,500; the bearish picture becomes apparent. Bitcoin price could have already said goodbye to the critical level…

Categories Analysis

Crypto prices stable after Bitfinex outage
03:03 | 2020-Aug-13

Bitfinex CTO explains ‘balance issue’ was the reason for the downtime, which took the site offline for five hours.

Categories Analysis

Bitcoin Users Leery of Tor: 23% of the Network’s Exit Capacity Compromised
03:00 | 2020-Aug-13

Hackers are stealing bitcoin through the large-scale use of malicious relays on the Tor network according to a newly published research report on the subject. The researcher dubbed “nusenu” said he warned people about the growing problem in December 2019 but instead of improving Tor exit relay…

Categories General

Ethereum Transaction Fees Are Going Parabolic as DeFi Continues Ascent
03:00 | 2020-Aug-13

Ethereum transaction fees have continued to surge as decentralized finance (DeFi) has continued its ascent to the crypto mainstream. Fees are getting so high that there are many starting to assert that solutions are necessary, lest Ethereum loses market share to other smart contract blockchains by…

Categories General

Don't Test The SEC: Declare As Utility or A Security
17:55 | 2020-Aug-12

Recently, in some Blockhain projects born mostly by the brand new teams from around the world that are going to make an ICO, it has become very fashionable to show up or rather be brazenly proud that their project token easily and freely pass such a terrible and hated by everyone - The Howey Test.

Categories General

Link Price Surges 32% to Overtake Bitcoin Cash as 5th-Largest Crypto by Market Cap - CoinDesk
02:32 | 2020-Aug-13

The native token of decentralized oracle network Chainlink (LINK) has just claimed a top-five spot in terms of market value.

Categories Analysis

Here’s the Crucial Trading Range That Will Determine Bitcoin’s Macro Outlook
23:00 | 2020-Aug-11

Bitcoin has been caught in a firm consolidation phase but is now showing some signs of weakness The cryptocurrency is currently pushing down towards its key support within the mid-$11,000 region as its bulls falter There is currently a massive trading range that analysts are closely watching Which…

Categories Exchanges

Chainlink Technical Analysis: LINK/USD Blasts New All-Time Highs But This Rising Wedge Pattern Spells Doom
02:03 | 2020-Aug-13

Chainlink has ascended to new all-time highs around $17.00 in the push for gains eyeing $20.00. LINK/USD is trading within a rising wedge pattern spells doom with a possibility for breakdown to $15.00. Chainlink is arguably the best performing cryptocurrency in the market this August. It is giving…

Categories General

South Korea’s largest bank to store and manage digital assets
02:00 | 2020-Aug-13

Kookmin Bank’s move into digital currency custody comes at a time when regulators have progressively taken a positive approach towards the sector. [...]

Categories General

Coming Soon: Craig Wright The Movie (and Book)
01:52 | 2020-Aug-13

Calvin Ayre, the most high profile supporter of Craig Wright, is funding a new documentary and book about the life of the Satoshi claimant. Bitcoin SV benefactor Calvin Ayre has announced he’s funding a documentary centered around the life and times of Craig Wright, the Australian man who claims to…

Categories General

Ethereum Network Hashrate Hits 20-Month High as DeFi Tokens Rally
01:47 | 2020-Aug-13

Ethereum’s hashrate recently surged to a 20-month high but will ETH price follow? New data from glassnode and Etherscan show Ethereum’s hashrate has risen to a 20-month high and this has led some optimistic traders to suggest Ether price will continue to rise to new highs in 2020. The explosive…

Categories ICO

Decentralized Finance Frenzy Drives Ethereum Transaction Fees to All-Time Highs - CoinDesk
01:21 | 2020-Aug-13

Average transaction fees broke all-time highs as median fees hover just below its high.

Categories General

Analyst Predicts DeFi Growth May Push Chainlink (LINK) Price to $32
21:49 | 2020-Aug-11

Investment analyst Timothy Peterson says Chainlink (LINK) price might hit $32 by the end of 2020, but holding that level would be impossible. Timothy Peterson, a chartered alternative investment analyst, says Chainlink ( LINK ) token could be valued at $32 by the end of 2020. Peterson’s comments…

Categories Analysis

Approach Altcoins With Caution: Bitcoin Dominance Paints Foreboding Pattern
01:00 | 2020-Aug-13

Following Bitcoin’s big breakout weeks ago, altcoins have been rallying left and right. Several majors, mid, and small-cap altcoins have outperformed the first-ever cryptocurrency by a large margin. All that may soon turn around, however, according to a foreboding bottoming pattern that may be…

Categories General

Analyst Who Called Bitcoin’s Tuesday Low Expects a Move to $13,000
01:00 | 2020-Aug-13

Bitcoin has bounced strongly after plunging as low as $11,100 on Tuesday. As of the time of this article’s writing, the leading cryptocurrency trades for $11,600 on leading exchanges. This is just under 5% above yesterday’s lows. An analyst that called that the cryptocurrency would bottom in the…

Categories Government

Uniswap's August Volume Topples July $1.76B Record in Less Than Two Weeks - CoinDesk
00:45 | 2020-Aug-13

Uniswap reported $TK billion in monthly volume as of Wednesday.

Categories General

Ethereum transaction fee jumps 3500% in 2020 courtesy booming DeFi
00:46 | 2020-Aug-13

The rising DeFi sector has contributed to a 3500 percent jump in the Ethreum transaction fee this year. As investor interest in the Decentralized Finance realm increases, the cost of an Ethereum transaction has also surged. Rising Ethereum transaction fee means that users will have to shell out more…

Categories General

Massive Bitcoin bull rally coming, says Kraken report
00:01 | 2020-Aug-13

A historical bull rally is imminent as per the latest statement issued by crypto exchange Kraken. In its latest report published for top crypto traders, the crypto exchange based in San Francisco has said that historical evidence is pointing towards an incoming Bitcoin bull rally. Hinting at a…

Categories Analysis

CME Bitcoin Futures Open Interest Hits New Record High of $841...
15:10 | 2020-Aug-12

After climbing an impressive $440 open interest in June, CME Bitcoin futures recently hit a new record high. Deribit has larger figures.

Categories General

Here’s Why Aave’s LEND Is Up 30% in the Past 24 Hours: DeFi Craze
00:00 | 2020-Aug-13

Decentralized finance — better known as “DeFi” — is back in style once again. This segment of the cryptocurrency market has been surging higher once again, with tokens pertaining to the space gaining dozens of a percent in a day. This comes as Bitcoin and Ethereum, the crypto market leaders, have…

Categories General

What’s Behind the Meteoric Rise of Chainlink?
23:36 | 2020-Aug-12

We look at the data from Google and DeFi protocols to uncover what’s behind the inexorable rise of LINK? Chainlink (LINK) has experienced a meteoric rise this year, becoming a top five crypto asset by market capitalization. We took a look at the data from the decentralized finance space (DeFi) as…

Categories General

Crypto porn startup PornVisory says DFO better than DAO
23:34 | 2020-Aug-12

PornVisory, a crypto porn startup, has said that DFO (decentralized flexible organization) provides far more benefits compared to the DAO setup. Subsequently, it has migrated to the DFO system to offer better services to its users. The porn industry has been early crypto adopter, including BTC…

Categories General

Defi Project Yam Finance Sees Over $500M Locked in 24 Hours, Devs Reveal Contract Bug
23:15 | 2020-Aug-12

A new yield farming project is all the rage this week, as the Yam Finance project saw over $460 million dollars locked into the platform in 17 hours on Tuesday. On social media and crypto-focused forums, people have been very skeptical of the Yam Finance project as the code has not been audited. On…

Categories General

XRP‘s “False Move” Could Lead it to $0.25 Despite Macro Strength
23:00 | 2020-Aug-12

XRP has been struggling to maintain the upwards momentum that it incurred just over a week ago. The cryptocurrency met insurmountable resistance within the lower-$0.30 region that slowed its ascent, subsequently causing it to break back into the upper-$0.20 region. From this point on, it has been…

Categories General

Bitcoin Price Above $11.5K as Key BTC Price Metric Suggests $12K Retest
22:27 | 2020-Aug-12

Bitcoin recovered back above $11.5K, leading traders to suggest a renewed attack on $12K could occur soon. Today Bitcoin ( BTC ) price rebounded from its recent low at $11,125 on Aug 11 to $11,617. This suggests traders are turning optimistic as key data show a significant amount of liquidity for…

Categories Analysis

Bitcoin’s Recent Correction Turns Support into Resistance, Suggesting Further Losses
13:33 | 2020-Aug-12

Bitcoin has been rejected several times by a crucial resistance level over the past few days, which was the only obstacle before heading towards $14,000. Now, several on-chain and technical...

Categories Analysis

Crypto Exchange Bitfinex Is Down Right Now
22:23 | 2020-Aug-12

International crypto exchange Bitfinex unexpectedly went offline for all users this afternoon, citing a ‘platform performance issue.’ Bitfinex has been offline for at least two hours as of this writing, and the exchange has no confirmed time when it will be up and running again. According to an Aug.…

Categories Exchanges

Iran urges citizens to invest in oil, Winklevoss says try Bitcoin instead
22:16 | 2020-Aug-12

Iran’s government is urging its citizens to invest in oil. But the asset has only struggled this year.

Categories General

Bitcoin Price Keeps Rejecting $12K — Here’s What Can Happen to BTC
18:47 | 2020-Aug-11

The price of Bitcoin rejected $12,000 for the second time in a mere 10 days. Now, traders discuss where BTC is headed next. The price of Bitcoin ( BTC ) rejected the $12,000 resistance level for the second time in the past 10 days. Traders are generally optimistic about the short-term trend of BTC,…

Categories Analysis

Litecoin, VeChain, Algorand Price Analysis: 12 August
22:00 | 2020-Aug-12

Litecoin, VeChain and Algorand have all tested important short-term supports. VeChain looked poised for more gains. Algorand looked likely to move upward, while Litecoin broke below support and would look to maintain the psychological $50 level as well. Litecoin [LTC] Litecoin had a 24-hour trading…

Categories Analysis

OKEx Introduces Price Oracle for DeFi Startups
22:12 | 2020-Aug-12

OKEx Oracle is a fully-open API which means that it is available for non-OKEx clients as well.

Categories Analysis

Raoul Pal On Why Bitcoin Is Set To Be The Best Performing Major Asset In The World Over The Next 24 Months
21:58 | 2020-Aug-12

Macro investor Raoul Pal said despite the recent price rally, Bitcoin still has a long way to go and that could eventually put it at the million-dollar mark in the next 5 years. In a recent tweet, Pal examined Bitcoin’s long-term chart, which has recently broken out of consolidation. The investor…

Categories Mining

Coinbase to Offer Bitcoin-Backed Loans to US Customers - CoinDesk
21:46 | 2020-Aug-12

Coinbase will allow U.S. retail customers to borrow fiat loans against as much as 30% of their bitcoin holdings starting in the fall.

Categories Blockchain

Wall Street Company Buys a Massive $250 Million in BTC
18:25 | 2020-Aug-11

MicroStrategy Inc, a Nasdaq-listed public company, has turned a majority of its reserves into bitcoin. The purchase of over 20,000 bitcoin cost more than $250 million. The Real Deal Michael J Saylor, CEO of MicroStrategy, announced today that his company has purchased a massive amount of bitcoin. He…

Categories Mining

Bitcoin and Gold Correlation Reaches Record High 70%, Bolstering BTC’s Store of Value Credentials
21:30 | 2020-Aug-12

The prices of bitcoin and gold have reached a monthly average correlation of 70%, an all-time-high, according to data analytics firm Skew. The previous peak of just under 60% was reached earlier on in the second quarter of 2020. Skew said the rising correlation supports the idea that bitcoin (BTC)…

Categories General

No stopping Chainlink – LINK surge pushes DeFi market cap above $13 billion
21:19 | 2020-Aug-12

The DeFi market cap is growing sharply alongside a rising Chainlink. As per the latest figures, the DeFi market cap has now crossed a staggering $13 billion, and the heroic ascent does not show any signs of weakness. Chainlink has also displayed a remarkable growth in the past few weeks. The market…

Categories Analysis

Here’s why Ethereum’s Ampleforth (AMPL) is shooting 35% higher today
21:14 | 2020-Aug-12

After spiking parabolically into the end of July, the pseudo-stablecoin Ampleforth (AMPL) suffered a large correction.

Categories General

Chainlink (LINK) Explodes, Soars Above Bitcoin Cash (BCH) To 5th Position
21:02 | 2020-Aug-12

On August 12, Chainlink (LINK) gained over 20% to set a new all-time high at $15.99. Earlier in the day, LINK was exchanging at around $13. Then, the crypto gained about 23% to set the all-time high. Due to the massive surge, LINK has now surged past Bitcoin Cash to take the 5th spot in […]

Categories General

Is Chainlink riding the DeFi bubble?
21:00 | 2020-Aug-12

The cryptocurrency market has been seeing decentralized finance [DeFi] driving growth in the crypto-verse. Recently, on 9 August, the total market cap peaked at $11 billion, however, at press time was back to $9.275 billion, as per data provider DeFi Market Cap. As the market cap moves higher, the…

Categories General

Chainlink (LINK) Explodes to Fresh All-Time Highs as Analysts Eye Further Upside
21:00 | 2020-Aug-12

Chainlink’s price has posted an incredibly intense rebound following yesterday’s dip. This has allowed LINK to post massive gains today, with it currently being the best performing major cryptocurrency as its buyers push it to fresh all-time highs. The crypto is now navigating up towards $16.00 –…

Categories General

Cash App Starts Testing Short-Term Loans
21:01 | 2020-Aug-12

A company spokesperson said Cash App is only testing the feature with approximately 1,000 users so far.

Categories General

Cryptocurrency News Roundup for August 12, 2020
20:38 | 2020-Aug-12

CoinMarketCap (CMC), the Binance-owned cryptocurrency market data aggregator, has rolled out a new initiative called ‘Earn’ to encourage and help users learn about different crypto assets. Basically, Earn will allow users to watch educational videos on supported blockchain projects and take a quiz…

Categories General

Ethereum Gas Fees Touch 200 Gwei per Transaction as DeFiers Farm Yams
11:43 | 2020-Aug-12

Transactions fees on Ethereum crossed 200 gwei today, posing a real threat to the mass adoption of DeFi. Previous moves to increase the gas limits did nothing but enrich the...

Categories General

Bitcoin [BTC] at the Cusp of a Mega Bull-Phase: Leading Analyst
20:40 | 2020-Aug-12

Bitcoin [BTC] price has arrived at a major resistance level around $12000. Leading on-chain analyst, Willy Woo, points out that more than 93.5% of the Bitcoin accounts are below break-even price of the purchase cost. Could this be the end due to profit-booking or as Woo suggests, the beginning of a…

Categories General

Market Wrap: Bitcoin Rebounds to $11.5K; Ethereum’s Gas Woes Worsen - CoinDesk
20:29 | 2020-Aug-12

Bitcoin’s price is bouncing back as Ethereum fees cause problems.

Categories Analysis

Ethereum DEX trading hits nearly a half billion in 24-hour volume
20:36 | 2020-Aug-12

Decentralized exchange volume on Ethereum is growing rapidly, with more than $420 million swapped in a single day, and $13.5 billion for the year so far.

Categories Exchanges

Twitter Poll Shows Bitcoin Will Surpass $100k By December 2021
20:33 | 2020-Aug-12

According to a Twitter Poll conducted by PlanB, a crypto analyst, 51% of respondents believe that the king coin will hit $100,000 before 2021 comes to an end. In July, PlanB had carried out a poll asking his followers what they think the price of Bitcoin will be by December 2021 using the S2F model.…

Categories General

Peter Brandt’s Tether Warning Is Ominous, But Unclear
20:30 | 2020-Aug-12

Peter Brandt didn't mince his words when describing the controversial stablecoin. "Tether is an accident waiting to happen," Brandt tweeted on Aug. 10, in response to a separate post looking at USDT's market cap and the total crypto industry's market cap in line with overall digital asset volume.…

Categories General

Dashpay for Micropayments Instead of Ethereum ERC20 token Becoming Famous in Dash Community
20:05 | 2020-Aug-12

Catch up on the latest crypto market news at The Currency Analytics. Dash Nation have been reinstating on how it is easiest to send Dash with a message.  Dash Text has been…

Categories ICO

ETF Manager CEO: Bitcoin Has Cemented Itself As A Dollar Alternative
20:00 | 2020-Aug-12

The dollar’s recent weakness and the decline has economists calling for the death knell. Amidst the discussion surrounding dethroning the asset, other competing currencies, and even gold are being pointed to as alternatives suitable as the next global reserve currency. However, according to one ETF…

Categories General

The Bitcoin Dominance Rate Seeks to Bounce From the Current Support Area
19:42 | 2020-Aug-12

The Bitcoin dominance rate (BTCD) has reached a crucial support level, a decline below which could trigger a sharp drop. However, technical indicators suggest that a bounce is to be expected. Possible Bounce for the Bitcoin Dominance Rate The Bitcoin dominance rate has been decreasing since May 8,…

Categories Analysis

Token Sales Are Back in 2020 - CoinDesk
19:30 | 2020-Aug-12

As the price of bitcoin rises, token sales have become trendy once more. Here's how Avalanche, Polkadot and NEAR have fared in 2020.

Categories ICO

Matic Network Positions Itself as the Go-To Platform for Gaming dApps
19:37 | 2020-Aug-12

Activity on the Matic Network has gone into overdrive of late. The project recently finalized Phase 1 of its mainnet launch by adding third-party staking validators into the mix. The list of external validators available so far includes Infosys, Chain Guardians, Biconomy, and Torus. Current…

Categories Exchanges

BitGo CEO: Devaluation Will Make Cash Hard to Hold
19:20 | 2020-Aug-12

BitGo CEO believes the government's decision to keep the lockdown will increase the devaluation which, in turn, will make cash hard to hold.

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Bitcoin SV, Cosmos, BAT Price Analysis: 12 August
19:00 | 2020-Aug-12

Bitcoin recently retested the psychological resistance at $12,000 before declining to $11,400 level. While Bitcoin takes the time to gather strength for the next retest, some altcoins have managed to gather steam. BSV steadily declined over the past few days and maybe poised for another drop. Cosmos…

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#SupplyGate and the Battle to Frame Crypto’s Next Bull Run - CoinDesk
19:00 | 2020-Aug-12

In the context of a potential cryptocurrency bull run, the Ethereum #supplygate dust-up was about much more than the supply of ether.

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American software firm buys up $250 million in Bitcoin, stock jumps 10%
19:00 | 2020-Aug-12

Nasdaq-listed American enterprise software firm Microstrategy said it purchased over $250 million in Bitcoin this year, an announcement that pumped its stock prices up by 10 percent.

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Mike Novogratz Not Losing Any Sleep Holding ‘A Lot’ of Bitcoin
18:52 | 2020-Aug-12

Mike Novogratz, CEO of crypto fund Galaxy Digital, has said he isn’t losing any sleep over missed opportunities in equities. On CNBC’s “Squawk Box”, hosts Joe Kernen and Andrew Sorkin pressed him to defend his bearish attitudes. He answered with Bitcoin. Missed the Top Despite Novogratz’s bearish…

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Chainlink Sees Astronomical Growth In Single Day, Becomes Fifth-Largest Cryptocurrency
18:53 | 2020-Aug-12

Chainlink has finally joined the list of top five cryptocurrencies by market dominance after a long impressive feat that’s seen the coin climb all the way almost to the top and replacing Bitcoin Cash. With a current market cap of over $5.4 billion, LINK’s 24-hour volume at over $2 billion beats that…

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It’s “Do or Die” For Bitcoin: Here’s Why Analysts Think So
10:00 | 2020-Aug-12

After peaking at $12,000 this weekend, Bitcoin dove off a cliff, plunging to $11,300 as of this article’s writing. The cryptocurrency followed the price of gold lower, which is down around 7% in the past 24 hours. Bitcoin is still holding above the pivotal $10,500 level but analysts say that the…

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Wealthsimple, Robinhood of the North, Jumps Into Canada’s Crypto Sandbox - CoinDesk
18:53 | 2020-Aug-12

Wealthsimple Crypto is the newest fintech in Canada's CSA Regulatory Sandbox. The millenial investments app is preparing to debut bitcoin and ether trading.

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Chainlink surge drives DeFi market cap to all-time high $13 billion
18:46 | 2020-Aug-12

DeFi is not slowing down: the industry's market cap has now surpassed $13 billion and Chainlink has had impressive gains in the past 24 hours.

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