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Mapping how Dogecoin can make it in the big leagues

While Dogecoin is still considered a meme coin by many, the premise of that joke is the apparent lack of use cases. Even so, yesterday’s news did fuel some sort of hope for Dogecoin fans. Could this be the moment that puts DOGE on the map in the big leagues? Might this be the moment […]

2021-09-24 23:09:21

All bark and some bite. China’s Bitcoin ban puts traders in the ‘fear’ zone

Bitcoin derivatives markets flipped neutral-to-bearish after China’s ‘crypto ban’ announcement triggered a BTC price dip to $40,600.

2021-09-24 23:09:00

From Movie Tickets To Real Estate, Here’s How Dogecoin Is Winning The Adoption Game

Dogecoin has seen increasing adoption in the year 2021. The year has come with some significant adoptions for the meme coin. Dogecoin’s use as a mode of payment is now at the forefront of its campaign as a serious crypto contender. Data shows that the number of merchants who currently accept Doge for payment has […]

2021-09-24 23:09:55

Cardano Summit Begins Tomorrow, Here’s What You Should Know

The Cardano summit is scheduled to begin tomorrow, Saturday, September 25th. The summit is scheduled to run for two days, the 25th to the 26th, and promises to be a one-of-a-kind event. Meetups are available in six locations around the world. But the summit will feature both live and virtual events where anyone from around the world can attend. Local groups are also available with community-led events. Events at the Cardano summit are split by the worlds they fall into. Currently, the summit features seven different worlds in which individuals can choose to participate in. These worlds include Cardano World, Utility, Impact, Governance, Adoption, Catalyst, and Community. Related Reading | Cardano Founder Charles Hoskinson Says The Term Smart Contracts Needs To Be Changed The Cardano community is still giddy with the recent launch of smart contracts capability on the network, and with good reason. This summit promises some bigger announcements following this incredible feat. Details of what might be expected from the team are still sparse. So right now, it really is a waiting game as the opening of the summit draws closer. The partly virtual event features avatars for participants to communicate with one another. While also featuring notable keynote speakers from the crypto space that will speak throughout the two-day summit. In addition to these will be the availability of limited edition NFTs minted on the blockchain to ...

2021-09-24 23:09:49

This Tool Can Protect Your Privacy When Using Bitcoin

On-chain coinjoin is blended with off-chain coinswaps in this fascinating new hybrid approach.

2021-09-24 23:09:00

Bitcoin Blitzed $20,000 Record High Three Months After China Crypto Ban In September 2017; Déjà Vu?

China’s top government authorities are not yet done with bitcoin. Earlier today, the regulators published a statement declaring that trading and mining digital currencies are now strictly prohibited within the country. To no one’s surprise, the announcement took a heavy toll on crypto prices. But according to some observers, the last time China imposed stricter […]

2021-09-24 22:09:22

Polkadot: What short-sellers should know about this golden opportunity

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Unable to form a fresher high above $38.7, Polkadot was seeing another southbound leg on the charts at press time. A close below the 38.2% Fibonacci level would allow DOT to snap a newer low […]

2021-09-24 22:09:37

Small Business Owners Study Says Los Angeles Ranks the Most Crypto-Friendly City in the US

A recent study conducted by the online invoicing company that works with small businesses Skynova explains that the city of Los Angeles (LA) is the “most crypto-friendly city in the United States.” Skynova surveyed close to 600 small business owners and top-level executives from the U.S. in order to get their perception of the cryptocurrency […]

2021-09-24 22:09:18

Small Bitcoin Hodlers Ride Accumulation Wave After Large Sell-Offs — What This Means For The Wider Market

The Bitcoin market yet again found itself this week amidst a macroscopic landscape of growing uncertainties in global regulatory waters and a headwind of Chinese negative data which was reflected in major equity and stock markets shedding gains. These negative events saw the crypto asset lose close to 20% value in just under three days, […]

2021-09-24 22:09:55

Crypto has recovered from China's FUD nearly two dozen times in the last 12 years

Since 2009, China and Hong Kong have "banned" or otherwise caused FUD in the crypto space on 22 separate occasions.

2021-09-24 22:09:58

Altcoin roundup: There’s more to DeFi than just providing liquidity

Bitcoin price is down but crypto investors still have a plethora of yield opportunities thanks to DeFi.

2021-09-24 22:09:00

Crypto Analytics Firm Says Speculators Are ‘Moving On’ From Ethereum – Here’s Why

Crypto analytics firm Santiment says that most speculators are moving on from Ethereum (ETH) in search of better alternatives that offer higher return on investment. The blockchain industry data giant says that exchanges are seeing an influx of Ethereum, suggesting that people are selling their holdings in response to the recent marketwide crypto dip and […]The post Crypto Analytics Firm Says Speculators Are ‘Moving On’ From Ethereum – Here’s Why appeared first on The Daily Hodl.

2021-09-24 22:09:30

Reddit’s Wall Street Bets Community Moves Into Crypto

2021-09-24 22:09:47

Fraudsters Running Crypto Giveaway Scam Hack Bitcoin Creator’s Website

Bitcoin.org, the oldest cryptocurrency website that was founded by mysterious Bitcoin (BTC) creator Satoshi Nakamoto, is back online after being attacked by malicious actors. A group of unknown hackers managed to run a fake Bitcoin giveaway on the Bitcoin.org website for a brief amount of time. A Bitcoin address reportedly linked to the scam was […]The post Fraudsters Running Crypto Giveaway Scam Hack Bitcoin Creator’s Website appeared first on The Daily Hodl.

2021-09-24 22:09:31

Why Bitcoin Bears Might Not Get To Buy New Lows

The crypto community is locked in debate over: Is Bitcoin in a bull or bear market? The debate will rage on until either a new high or new low is made. The current price action is bearish, which gives the impression that sellers are in charge. The news cycle, and sentiment doesn’t help the picture for bulls. But there is one “theory” that suggests a lower low won’t be made. Mapping Out From The Bear Market Bottom To The Bull Cycle Top Recently, Elliott Wave International held an Open House on their Crypto Pro Group led by analyst Tony Carrion. Tony nailed the recent 20% crypto market plunge as part of a C-wave and a short-term call. A longer term play looks ahead toward a positive Q4, where the analyst expects a wave five to develop and “greater price appreciation to occur.” If it fails to do so, then the pattern might not be valid. Related Reading | Build Base Or Bust? Bitcoin Touches Down On Parabolic Support The recent accurate call of a C-wave prompted a deeper analysis of the longer term play. According to Elliott Wave Theory a primary motive wave consists of five waves, with odd-numbered impulse waves following the primary trend. This is Bitcoin we’re talking about, so the primary trend has almost always been up. A new motive wave and series of impulse waves began at a bear market bottom. Waves two and four are also bearish consolidation phases that move counter to the trend...

2021-09-24 21:09:07

A Futures-based Bitcoin ETF Could Be Suboptimal. Here’s Why

The SEC has hinted that a futures-based cryptocurrency ETF will likely be the first to be approved, but the structure has its flaws. The post A Futures-based Bitcoin ETF Could Be Suboptimal. Here’s Why appeared first on Blockworks.

2021-09-24 21:09:55

Sen. Toomey says China’s latest crypto moves represent ‘a big opportunity for the US’

“China’s authoritarian crackdown on crypto, including #Bitcoin, is a big opportunity for the U.S.," the senator tweeted on Friday. The post Sen. Toomey says China’s latest crypto moves represent ‘a big opportunity for the US’ appeared first on The Block.

2021-09-24 21:09:48

Deutsche Bank analyst: Bitcoin will be 'ultra-volatile,' but it’s here to stay

An analyst from global banking giant Deutsche Bank expects Bitcoin will enjoy a “first-mover advantage" over other cryptocurrencies for the foreseeable future.

2021-09-24 21:09:42

Canada: No more superlatives after latest guidelines on crypto-platform advertising

Investment instruments, like mutual funds, have to adhere to certain disclaimers and risk warnings while advertising. However, there are no clear guidelines for crypto-exchanges in most parts of the world. Canada is the exception now. The Canadian Securities Administrators and Investment Industry Regulatory Organization of Canada (IIROC) is in the news today after it issued […]

2021-09-24 21:09:54

Join the Bitcoin TikTok Army And Save Gen Z

Bitcoin Magazine invites you to join the crusade for bitcoin education on TikTok.

2021-09-24 21:09:00

Why BTG Pactual is launching a crypto platform

Brazil-based BTG Pactual, Latin America’s biggest investment bank, is launching its own crypto asset platform that will initially support bitcoin and ether trading. The platform will be called Mynt and allow customers to purchase bitcoin and ether, BTG Pactual’s Head of Digital Assets André Portilho tells The Block. Eventually, the platform will support other digital […]The post Why BTG Pactual is launching a crypto platform appeared first on The Block.

2021-09-24 21:09:40

Bitcoin Is Anti-Fragile, Says Morgan Stanley Executive

According to Dennis Lynch, bitcoin is like Kenny from "South Park," who dies every episode but comes back again in the next one.

2021-09-24 21:09:16

'The Big Short' Investor and Bitcoin Critic Michael Burry Subpoenaed Over GameStop Trading

Michael Burry's Scion Asset Management is being asked to take part in an SEC investigation.

2021-09-24 21:09:50

Protect Yourself With the Sim Encriptados, Travel to More Than 200 Countries, and Communicate With Security

PRESS RELEASE. When people talk about technology, the first thoughts are cell phones, applications, or equipment; but you rarely recall Sim Cards. Those small cards people often despise, thinking that they are only chips that you use to call or have data. Contrary to this, Sim Cards store much more information than you imagine, storing […]

2021-09-24 21:09:45

DeFi Protocol pNetwork Loses $12 Million In Tokenized Bitcoin

One of the threats that the crypto community face is the attack of cybercriminals. Many exchanges, projects, and apps often face one vulnerability exploitation or the other. Recently, BSC-based cross-chain pNetwork lost at least $12.7 million of tokenized Bitcoin to attackers. They have joined the many networks targeted and exploited by hackers in the crypto industry. Related Reading | September Leaves Behind Trail Of Blood, Bitcoin Long Liquidations pNetwork promotes digital assets movement throughout different blockchains. Just like several other wrapped token protocols, they allow users to mint pBTC through deposits of BTC in a smart contract. This process allows the users to migrate their BTC value away from the Bitcoin platform and place it on EVM-compatible chains. The information about the hack went live through a Twitter announcement by pNetwork, lamenting the loss of up to 277 pBTC. From the tweets, we learned that the hackers made away with most of pNetwork’s collateral. According to the pNetwork team, the hackers exploited a bug within the network’s codebase. The tweet reads: “They attacked pBTC on BSC, siphoning up to 277 bitcoin which is serving as collateral. But other bridges weren’t touched, though, since the other funds are intact.” pNetwork Team To Fix The Problems According to the pNetwork team, they are already fixing the problem. They also offered $11.5% of the siphoned funds t...

2021-09-24 21:09:15

Cardano, Uniswap, NEO Price Analysis: 24 September

Market weakness had set in at press time and so, altcoins also started to picture southbound movement on their charts. Cardano fell by 4.0%, although the price could note an uptick as indicators remained slightly bullish. Uniswap crashed by a substantial 10.9% while trading close to its multi-month low. Finally, NEO’s sell-off caused it to […]

2021-09-24 21:09:13

Report: Crypto Mining Isn’t as Damaging as We Think

Well, here’s something that’s likely to anger a few environmentalists in the coming weeks. A new report issued by the New York Digital Investment Group (NYDIG) says that bitcoin and crypto mining are only likely to contribute to about 0.9 percent of global carbon emissions in the coming future. Crypto Mining Isn’t That Bad, According...The post Report: Crypto Mining Isn’t as Damaging as We Think appeared first on Live Bitcoin News.

2021-09-24 21:09:05

Cryptos Decline as China Doubles Down on Regulations: Markets Wrap

Cryptocurrency markets fall on news that the People's Bank of China would restrict access to international crypto exchanges.The post Cryptos Decline as China Doubles Down on Regulations: Markets Wrap appeared first on Blockworks.

2021-09-24 20:09:29

UNI, MKR, AAVE, COMP, ENJ – What explains the variance in panic selling

With the altcoin market cap falling by more than 20% over the week, one thing was certain – Panic selling. The bigger the dump, the more the panic, and in turn, more the market pain. Well, this time was no different and while Bitcoin and Ethereum hodlers seemed to be sitting tight, some altcoins, especially […]

2021-09-24 20:09:20

Price analysis 9/24: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, AVAX, LUNA

Bitcoin and altcoins made a sharp downside move to their recent lows after news that China banned crypto trading surfaced.

2021-09-24 20:09:41