Traders use this classic trading pattern to determine when to ‘buy the dip’
Ascending channels provide a steady signal on the strength of an uptrend and the optimal levels to open positions during a pullback.
Facebook’s Novi Digital Wallet Could Support NFTs in Future, Exec Says
The tech giant is “definitely looking” into ways to incorporate non-fungible tokens into its new financial product, Novi, Facebook’s Financial Head said.
European Citizens Reject EU-Imposed Crypto Regulation
Most European citizens reject the idea of a cryptocurrency regulation regime imposed by the European Union (EU) on its member states, according to a recent survey. Most surveyed citizens lean towards independent cryptocurrency regulation in each country, compared to 25% that approve an EU-imposed regulation. However, most of the citizens polled acknowledged they still don’t know much about cryptocurrencies in the first place.
Twitter to allow users to add BTC and ETH addresses to profiles, per leaked screenshots
While the news is unofficial at this stage, Twitter’s product lead Kayvon Beykpour hinted that there could be an announcement soon.
Judge orders Ripple to hand over 1 million Slack messages to the SEC
Ripple is now required to produce terabytes of Slack messages to the SEC that were previously withheld due to an apparent data error.
Cardano launches smart contracts after successful hard fork
Cardano has completed its Alonzo hard fork to introduce Plutus-powered smart contract scripts.
Slow to start: Crypto regulators lagging behind blockchain industry
Did a visit from the SEC’s Gensler with EU legislators signal a policy shift? Is U.S.–European collaboration on crypto regulation coming soon?
Meet the First BCH Dex Built on Smartbch — Benswap.cash Presents High-Yield Liquidity Pools, Noncustodial Swaps
Decentralized finance (defi) has set a trend during the latter half of 2020 and into this year, as statistics show $168 billion is locked in defi across various blockchains. The Bitcoin Cash network now has the Smartbch protocol and in recent times, a decentralized exchange (dex) platform has joined the defi fray. The newly launched Smartbch dex platform benswap.cash gives users the ability to earn via liquidity pools, and swap tokens in a noncustodial fashion.
New York IT Supervisor Faces up to 15 Years in Jail for Mining Bitcoin in the Office
New York IT Supervisor Faces up to 15 Years in Jail for Mining Bitcoin in the Office New York A New York IT supervisor is facing a possible sentence of up to 15 years in jail for mining bitcoin in the office. The man, identified as Christopher Naples, allegedly had hidden 46 mining rigs in the offices of the Suffolk County Center in Riverhead, New York.
SEC’s Gensler: Crypto Needs Regulation to Survive
Given the borderless nature of cryptocurrencies and financial technology, regulators from the US and Europe must be a united front, SEC leader said Wednesday
What Is Terra? The Blockchain for Stablecoins Explained
Terra is a smart contract blockchain that aims to provide an ecosystem for algorithmically governed, seigniorage-based, fiat-pegged stablecoins in a decentralized manner.
EU set to invest $177B in blockchain and other novel technologies
EU officials have set their sights on significant direct funding for emerging technologies including blockchain.
Cardano Successfully Applies Alonzo Hard Fork; Adds Smart Contract Capabilities to Its Blockchain
Cardano, the third cryptocurrency ranked by market cap, has successfully applied the “Alonzo” hard fork, adding smart contract capabilities to its functionality. The update, that had been deployed in testnet days ago, finally was incorporated in mainnet yesterday. Cardano is now looking to deploy defi apps, and there are already several parties working on widening the Cardano ecosystem in that regard.
Valuation of Stablecoin DAI Market Swells — DAI Market Cap Increased More Than 800% in 12 Months
Recently Bitcoin.com News covered the stablecoin tether and how the crypto asset’s market valuation jumped more than 1,500% in just over 500 days. In addition to this exponential increase, the decentralized stablecoin DAI’s market capitalization has also swelled significantly as DAI’s market valuation jumped more than 800% during the last 12 months, increasing from $696 million to $6.3 billion today.
Latest DeFi hack targeting BSC sees $12.7M in Bitcoin stolen from pNetwork
Roughly $12.7 million worth of tokenized Bitcoin has been stolen from the BSC-based cross-chain composability platform pNetwork.
Bitcoin tips are available to send through the Lightning Network using the Strike app, or by adding a BTC address directly to one’s profile.
Social media giant Twitter will be enabling cryptocurrency options to its tipping jar, allowing any user to pay through the platform.
Former US Treasury Secretary Larry Summers: Cryptocurrency Will 'Do Better Regulated'
Former U.S. treasury secretary and chief economist at the World Bank, Larry Summers, says cryptocurrency will do better regulated in a sound way instead of being treated as a libertarian paradise.
Morgan Stanley's Executive Likens Bitcoin's Resilience to Kenny Who Dies in Every South Park Episode
Morgan Stanley Investment Management’s Dennis Lynch, says that bitcoin’s resilience is like Kenny from the popular TV series South Park. In almost every episode, Kenny comically died but always came back, just like how bitcoin bounces back every time after a bear market.
Almost half of crypto owners turn to celebs like Kim Kardashian for advice: Survey
A surprisingly large proportion of crypto owners report they would purchase a crypo asset because it is endorsed by a celebrity or influencer.
Ethereum price gets back to $3K as institutional investors pile into ETH futures
Ether prices recovered on Sunday amid a market-wide upside correction while receiving an additional upside boost from a bullish JPMorgan Chase report.