Bitcoin Could Soon Rocket to $11,900 as Consolidation Phase Nears Its End
16:00 | 2020-Oct-06

It has been a rocky past few days for Bitcoin and the aggregated crypto market. While BTC is stuck within a bout of sideways trading, altcoins have been facing massive inflows of selling pressure as investors flee “beta assets.” It does appear that BTC is waiting on the stock market to provide it…

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Ethereum can scale right now Vitalik!
14:00 | 2020-Oct-06

Vitalik Buterin’s recent comments that ETH chain is "nearly unusable for many classes of applications” are a tacit confession to something many have said for a long time—Ethereum can't scale. [...]

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DAI Comes to the Bitcoin Defi Ecosystem via RSK Integration
17:13 | 2020-Oct-06

In a major breakthrough for the decentralized finance (DeFi) space, one of the most popular stable coins, DAI, has been made available for use on the applications in the RSK ecosystem, Bitcoin’s smart contracts platform. RSK and the RSK Infrastructure Framework (RIF) development team have achieved…

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Strong Fundamentals not Preventing De-Fi Index...
17:02 | 2020-Oct-06

Binance Futures launched its De-Fi Composite Index on the 28th of September, 2020. This Index is essentially a basket of various De-Fi tokens that had originally comprised of Chainlink (LINK), Aave (LEND), along with a variety of other prominent De-Fi tokens. Aave held 11% of the indices whereas 27%…

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September Selloff Pushed Crypto Prices Down: eToro
16:15 | 2020-Oct-06

As prices of cryptocurrencies drop, eToro suggests that massive selloffs and fall in activity for responsible for the fall. According to analysts, a lot of [...]

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Beware: Bullish Bitcoin Case Could Be Due To CFTC Scramble
15:00 | 2020-Oct-06

A new narrative has suddenly spread across the crypto market potentially presenting a bullish case behind Bitcoin’s recent resiliency. The reason? A possible retail buying frenzy in China spurred by the Chinese government themselves. While the idea is plausible, and the crypto asset failing to…

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Metamask Amasses 1M Active Monthly Users & Enters Altcoin Swaping Market
16:00 | 2020-Oct-06

Source: a screenshot, Instagram/metamask.io Major Ethereum (ETH) wallet and Web 3.0 browser MetaMask has announced a new token swap feature as the wallet just surpassed the 1 million monthly active users milestone. The ConsenSys-owned wallet/browser has revealed their MetaMask Swaps, a feature that…

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China’s Interest Is Centered Around Bitcoin, Signals Next Bull Run
14:42 | 2020-Oct-06

Over the last week, Bitcoin has been consolidating around $10,700 levels. Interestingly, the world’s largest cryptocurrency has been holding its position resiliently despite some negative news like BitMEX’s CFTC charges leading to an erosion of 32,000 BTC from the exchange. However, there’s been a…

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Two Altcoins That Are Trading Near Their All-Time Lows
18:12 | 2020-Oct-06

The Serum (SRM) price has broken down from a crucial support level and has been falling since, creating a new all-time low. Meanwhile, Penta (PNT) has done the same, but the possibility of a reversal is higher. Serum (SRM) – Deviation Above Resistance SRM has been declining since Sept. 1, when the…

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Chainlink, Cosmos, EOS Price Analysis: 06 October
17:30 | 2020-Oct-06

Steady gains by Bitcoin in the past few days did not have a positive impact on some major altcoin charts, while some others rose alongside BTC. Chainlink was in a period of consolidation over the past couple of days. This was likely to be a brief calm before another wave of selling pressure. Cosmos…

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U.K.’s Financial Conduct Authority Strikes Ban On The Sale Of Crypto Derivatives
17:20 | 2020-Oct-06

The cryptocurrency communities in several countries might be excited to adhere to new policies that are preceding numerous bans that have recently been overruled, but the U.K.’s cryptocurrency community may be taking a step back, following a stern ban that has just been launched against the sale of…

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Analyst: LTC, BCH, And XRP Will Eventually Be Knocked Out Of The Top 10 As Bitcoin And Blockchain Markets Mature
17:02 | 2020-Oct-06

A popular crypto analyst and trader thinks some of the well-known cryptos currently among the top 10 are headed downwards. Michael van de Poppe is a technical analyst as well as a crypto trader. Sharing his opinion in a twitter post, the trader shed light on the future possibilities in the crypto…

Categories Blockchain

Tim Draper’s Venture Studio to Triple-Down on Blockchain Projects With a $25M Fund
17:00 | 2020-Oct-06

At the LA Blockchain Summit, the blockchain and fintech venture studio Draper Goren Holm announced the launch of a $25 million blockchain fund called “Fund 1.” According to the announcement the money will be used for promising blockchain and fintech startups in Series A and seed investments. On…

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Bitcoin SV, Dogecoin, Tron Price Analysis: 06 October
17:00 | 2020-Oct-06

Bitcoin was unable to close above $10,800 in what could be a worrying sign for bulls in the near term. Bitcoin SV  dropped out of the brief ascending channel formed recently and could see further losses. Dogecoin was perched on a level of support that might not hold much longer. Tron slipped beneath…

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New Crypto Ban, New Index, Litecoin's MimbleWimble Testnet + More News
16:54 | 2020-Oct-06

Source: Adobe/ I-Wei Huang Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulation news In the UK, the Financial Conduct Authority (FCA) banned the sale of derivatives and exchange-traded notes…

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Chainlink’s Popularity Soars As It Bags Yet Another Integration
17:10 | 2020-Oct-06

Chainlink has a building infrastructure that enables interoperability of smart contracts and is most often touted as a leading oracle project. As DeFi’s mass-market appeal continued to soar higher, Radix, which happens to be a layer-one protocol announced integrating with Chainlink. This integration…

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SEC Bitcoin Blunder: Regulator Accuses John McAfee Of “Scalping”
17:00 | 2020-Oct-06

One of the crypto industry’s earliest supporters and the man who predicted Bitcoin would reach $1 million by the end of this year, was just arrested in Spain for tax evasion. That man is John McAfee, who was hit with a number of charges from the US government. Among the accusations, is a very…

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Blockchain Bites: FCA's Crypto Crackdown, McAfee's Charges, Ethereum's Store of Value - CoinDesk
16:19 | 2020-Oct-06

John McAfee was charged with promoting ICOs without disclosing his payments while the U.K.'s FCA has banned certain crypto derivatives.

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Ripple (XRP) Working Successfully at Transforming the Traditional Financial Market instead of Eliminating it
16:31 | 2020-Oct-06

Catch up on the latest crypto market news at The Currency Analytics. Ripple is working on all fronts to transform the traditional ecosystem of business of things especially the financial sector. This…

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Sats-Earning Platform Carrot Wants To Reward The World In Bitcoin
16:38 | 2020-Oct-06

Carrot, a platform designed for people to earn bitcoin rewards for supporting the projects and brands they love, has opened its waitlist.

Categories Exchanges

Why Bitcoin Dollar Cost Averaging (BTCDCA) Is The Next Big Thing
16:28 | 2020-Oct-06

Bitcoin dollar cost averaging offers better average returns in the long run, peace of mind and an easy way into the world of Bitcoin.

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Bitcoin Price Prediction: BTC/USD Faces Rejection at $10,800, Resumes Sideways Move Below It
16:19 | 2020-Oct-06

Bitcoin (BTC) Price Prediction – October 6, 2020BTC/USD faces rejection at the $10,800 resistance. The downtrend may resume if the bulls fail to push BTC [...]

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Europol Says Cybercrime Involving Crypto Still Widespread
16:20 | 2020-Oct-06

Organized crime ranging from sextortion to theft all lead back to cryptocurrencies, according to the report.

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MetaMask Debuts Token Swaps, Vows ‘Best Prices Across DeFi’
16:01 | 2020-Oct-06

The popular browser extension for Ethereum now lets users swap tokens from decentralized exchanges within their wallet.

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MetaMask Gets Into the Decentralized Exchange Aggregation Business With Token Swaps - CoinDesk
16:00 | 2020-Oct-06

MetaMask announced a new feature Tuesday: token swaps directly within the popular Ethereum browser extension and mobile application.

Categories Exchanges

Bitcoin price holds $10.5K but a $30M sell wall looms overhead
15:56 | 2020-Oct-06

A 2,800 BTC sell wall on Binance heightens the chance of a sell off and is keeping Bitcoin price trapped below $11K. According to Cole Garner, a well-respected on-chain analyst, there is a 2,800 BTC sell wall on Binance. With Bitcoin ( BTC ) price currently trading at $10,700, this is equivalent to…

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Bitcoin News Roundup for Oct. 6, 2020 - CoinDesk
16:00 | 2020-Oct-06

As traders remain hopeful and mainstream investment funds increase their exposure to bitcoin miners, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

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Inside the Ethereum Economy: Weird Defi and Bitcoin's $1 Billion Crop - CoinDesk
15:40 | 2020-Oct-06

Why all the hype behind yield farming and food-inspired tokens? Should investors take them seriously or are they a fading trend?

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John McAfee gets Arrested in Spain, Extradition Awaits to U.S.A
15:30 | 2020-Oct-06

John McAfee has been indicted by the U.S. Securities and Exchange Commission in Spain on the charges of tax evasion and illicit participation to promote…

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Stablecoin Growth Knocks Silvergate Exchange Network Volume Over $100B - CoinDesk
15:04 | 2020-Oct-06

All-time transaction volume on the Silvergate Exchange Network (SEN), a fiat pathway into bitcoin markets, has reached $100 billion.

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Ethereum Hash Rate Breaks New All-Time High
15:19 | 2020-Oct-06

Ethereum miners have pushed the Ethereum hash rate to record highs as the DeFi industry continues to boom.

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TradeLax Review: Cryptocurrency Trading and Traditional Markets at One Place
15:17 | 2020-Oct-06

[Featured content] Cryptocurrency trading is quickly catching up to speed. This year has been nothing but tumultuous for the markets, both legacy and crypto. 2020 started great as all major indices were climbing in an upwards direction – slowly, but steadily. The same can be said about the crypto…

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FCA bans crypto-derivatives from retail investors
15:16 | 2020-Oct-06

The Financial Conduct Authority (FCA) has just banned the sale of digital currency derivative products to retail investors.  “The FCA considers these products to be ill-suited for retail consumers due to the harm they pose,” says the FCA’s official announcement. “These products cannot be reliably…

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RSK Infrastructure Framework integrates DAI stablecoin to expand Bitcoin in DeFi
15:00 | 2020-Oct-06

When it comes to the DeFi ecosystem at large, there seems to be a lot of eagerness with regard to the growth of Bitcoin’s DeFi space and on those lines, another startup has taken up the expansion of BTC-backed DeFi products. RSK Infrastructure Framework (RIF), a Bitcoin-powered smart contract…

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US-Regulated Bitcoin Derivatives Market Bitnomial Raises $11.6M - CoinDesk
15:01 | 2020-Oct-06

The disclosure comes shortly after U.S regulators' crackdown on retail competitor BitMEX.

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Bitcoin's Logo: The Story of the Big Orange “B”
15:01 | 2020-Oct-06

Bitcoin’s brand identity has evolved in the eleven years since it was first created. Is its logo still up to the job?

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XRP short-term Price Analysis: 6 October
15:30 | 2020-Oct-06

A rather positive price movement was observed for XRP over the past couple of days. With XRP dropping down to $0.23 alerting the space, the recovery following the decline has picked up a lot of traction from the community. While many expected this rise to be the early signs of recovery, analysis…

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Litecoin price unchanged as MimbleWimble testnet goes live
14:27 | 2020-Oct-06

The testnet for privacy protocol MimbleWimble is live on Litecoin as developers seek to make the network more private

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UK Bans Retail Investors from Buying Bitcoin Derivatives
14:42 | 2020-Oct-06

The UK’s financial regulator has banned the sale of derivatives and exchange-traded notes (ETNs) to retail investors.

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Ripple Price Prediction: XRP/USD Bulls Wake Up As They Push Coin Above $0.25; More Bullish Pressure Ahead
14:14 | 2020-Oct-06

XRP Price Prediction – October 6 The Ripple (XRP) is currently pushing higher with 2.16% gains as the cryptocurrency manages to reclaim the $0.25 level. [...]

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Bitcoin To Hit $100,000 in Five Years as Demand and Adoption Increase – Report
13:30 | 2020-Oct-06

Bloomberg analyst Mike McGlone has predicted that the price of bitcoin will hit $100,000 by 2025. McGlone premised his argument on past bitcoin trends, including the period in which the price took four years to go from $1,000 to $10,000 in 2017. “So, doubling that time frame for maturation could get…

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Bitcoin Futures OI sinks on BitMEX: and it’s a good sign
14:30 | 2020-Oct-06

The recent losses were the aftermath of the US commodities and Futures Trading Commission [CFTC] coming down hard of BitMEX along with the expiry of futures contracts in the stock market. While Bitcoin was the only major currency to face the brunt of the news directly, altcoins soon followed given…

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UK regulator, FCA bans crypto derivatives trading for retails
14:05 | 2020-Oct-06

Starting January 6 2021, retail cryptocurrency traders in the United Kingdom (UK) will be prohibited from accessing crypto derivatives products, in an effort to protect the investors from possible risks associated. This comes as the final regulations of the country’s financial watchdog, the…

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Monero (XMR) Becoming the Most Popular Cryptocurrency on Darkweb: Europol
13:15 | 2020-Oct-06

According to Europol, privacy-enhancing wallet services and cryptocurrencies are the 'top threats' in the cybercrime space. Also, the European law enforcement agency noted that Monero is becoming very popular as a transaction tool on the Darkweb.

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Wasabi and Samurai wallets threats to Europol
13:25 | 2020-Oct-06

In a cybercrime report the two wallets are contested

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UK: issued a ban against cryptocurrency derivatives
13:53 | 2020-Oct-06

As of January it will be prohibited to offer cryptocurrency derivatives to retail investors resident in the United Kingdom

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China’s Central Bank Transacts $160 Million in Digital Yuan
13:51 | 2020-Oct-06

The People’s Bank of China has already transferred 1.1 billion digital yuan as part of the CBDC pilot, says the bank’s deputy governor.

Categories Exchanges

Aragon and Balancer Develop a Zero-Cost DAO Voting System
13:35 | 2020-Oct-06

Aragon and Balancer Labs are collaborating to enable DAOs to take their off-chain voting and record it on the Ethereum blockchain. 

Categories Government

FCA Bans Bitcoin and Ethereum ETNs and Derivatives
13:12 | 2020-Oct-06

The British Financial Conducts Authority (FCA) has banned crypto Exchange Traded Notes (ETNs) and derivatives. They say cryptos are volatile, have “no reliable basis for valuation,” there’s “inadequate understanding” of...

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UK Bans Crypto Derivatives for Retail Consumers
13:15 | 2020-Oct-06

United Kingdom's Financial Conduct Authority, also known as FCA, has just announced a ban the sale of derivatives or Exchange Traded Notes "ETNs" for cryptoassets, or “crypto-derivatives“. It says it has made this move in order to address the harm that is posed to retail consumers. The ban covers…

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