Where will Bitcoin’s price go next? Image: Shutterstock In brief The price of Bitcoin hit its all-time high today. The last time Bitcoin approached $20,000 per coin, the price crashed hard a month later. Can we expect the same this time around? Experts weigh in.
Bitcoin price managed to recover strongly from its last dip at $16,188 and has hit a new all-time high on Binance and a few other exchanges but not all. The flagship cryptocurrency got slightly rejected from the new top but remains trading at $19,700 aiming to crack the psychological resistance level at $20,000.
While a week of ups and downs in the cryptocurrency industry has passed, the faces turned to the developments to be experienced in the new week. While things have been going well for the cryptocurrency market since early November, there was a crash in the middle of last week.
After working at LVMH since 2015 as a chief digital officer, Ian Rogers has joined the crypto wallet Ledger as a chief experience officer.
November 30, 2020 By Sam Grant Chainlink recently announced it would support the development of Ethereum infrastructure projects The oracle network for smart contracts is the latest protocol to announce it will offer support to Ethereum’s ecosystem. Chainlink released a statement confirming the news on its website.
Bitcoin price remained in a positive zone and it settled above the USD 18,500 level. BTC broke the USD 18,650 and USD 18,800 resistance levels. The price is currently (05:00 UTC) up 4% and it seems like the bulls are aiming more upsides above USD 19,000 and USD 19,200.
Well-known cryptocurrency exchanges Huobi and Binance have just announced they intend to add support for the SKALE Network (SKL) token. Binance will launch trading with the SKL/BTC, SKL/BUSD and SKL/USDT pairs on December 1 at 01:00 UTC, while Huobi will also add support for SKL/USDT, SKL/BTC and SKL/ETH trading on December 1.
12:00:23 GMT, December 1, 2020. This is the time and date set aside for Ethereum 2.0’s genesis block – representing the biggest upgrade to Ethereum’s network since its inception, and possibly the largest for any established cryptocurrency. But what does the arrival of 2.0 mean for investors?
New web targets for the discerning hacker This month, we caught up with Tommy DeVoss, who swapped his black hat for a white one after serving a jail term for hacking into US government and military assets as a teenager.
Coinbase says that, starting in early 2021, it will begin supporting Ethereum 2.0, letting users convert ETH into ETH2 and earn staking rewards (Surojit Chatterjee/The Coinbase Blog) – Up News Info
Surojit Chatterjee / The Coinbase Blog: Coinbase says that, starting in early 2021, it will begin supporting Ethereum 2.0, letting users convert ETH into ETH2 and earn staking rewards – On December 1, the Ethereum Beacon Chain will launch, beginning a multi-year upgrade to Ethereum 2.0 (ETH2).
Key facts: The Symblox platform allows users to issue synthetic assets and trade them. The SYX token allows its holders to suggest, discuss, and implement changes to Symblox. Symblox is a protocol built on the Velas blockchain with the aim of bringing synthetic assets to users around the world, eliminating restrictions and high entry requirements to these services in a transparent and decentralized way through blockchain technology.
Ethereum – Somebody Solved This Unusual Ethereum Puzzle, Profitable $4,000 | Fintech Zoom – World Finance
In short Somebody has solved 0xPoland’s puzzle, claiming 7 ETH as a reward. Beginning with a billboard within the Warsaw metro, a bunch of Ethereum fanatics tweeted a number of clues over 10 days. After the final clue was printed, It took solely 21 minutes for the winner to say their prize.
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be considered as investment advice Both the 30-day and 60-day correlations of Bitcoin with Ethereum have dropped since May 2020 from 0.95 to 0.51. While this is news to rejoice over, especially for ETH enthusiasts, it may just be […]
After years of delays and changes in plans, Ethereum 2.0 is finally approaching release on Dec. 1. Ethereum 2.0 Phase 0 is introducing the long-awaited mechanism of staking to the smart contract platform, in addition to launching the skeleton of a future Eth2 blockchain, the Beacon Chain.
There have been extra nodes taking part within the Ethereum (ETH) blockchain than on the Bitcoin (BTC) community for a quick interval firstly of the week. This information comes amid the upcoming launch of ETH 2.0. Tweeting on Sunday (Nov.
Ethereum – Multi-chain DeFi different with low community charges launches on Ethereum | Fintech Zoom – World Finance
Ethereum – Multi-chain DeFi different with low community charges launches on Ethereum Unifi Protocol DAO is fulfilling its promise to hyperlink the present Ethereum DeFi market to DeFi on a number of different chains. Ethereum marks the fifth blockchain launch in simply 4 months for uTrade, the buying and selling platform constructed on the audited, custom-made Unifi Protocol sensible contracts.
Advertisement The altcoin market has rallied on the tailcoat of Bitcoin’s price gains during the course of the past few days. At press time Bitcoin is being traded at $15,435 with a 24-hour trading volume of $21.8 billion. Source: CoinStats Altcoins like Chainlink, Ontology, and Ethereum Classic surged by up to 31 percent in the […]
Bitcoin is a cryptographically secure digital currency. Image: Shutterstock In brief Security company Kaspersky forecasts that there will be more cybercrime next year. Criminals will be trying to steal more Bitcoin than previously. Other currencies, such as Monero, will also become attractive to criminals to cover their tracks.
Bitcoin clocked in record highs on several exchanges this morning, and crypto’s largest trading desk say the activity is bringing volumes to record highs.
Roughly $96 million in bitcoin stolen from crypto exchange Bitfinex in a 2016 hack was moved on Monday.
What goes in must go out! Image: Shutterstock In brief The Giving Block is a crypto charity drive that takes place on “Giving Tuesday,” a UN-backed initiative to raise charitable donations. It raised $100k last year. This year, The Giving Block wants to raise $1 million.
Stay informed and join our daily newsletter now! 2 min read Facebook’s digital currency project, Libra, will be released in January and its value will be backed by the US dollar.
Follow @TMFJaguar Shares of bitcoin-mining device maker ( Canaan NASDAQ:CAN) plunged on Monday after the company delivered its results for the third quarter. Revenue was down sharply and it reported a loss. Considering the stock was up by more than 150% in just the past month, it’s not surprising to see it give back some of those gains.
Christine Lagarde, president of the European Central Bank. Image: Shutterstock In brief Christine Lagarde, president of the ECB, penned an article about the possible introduction of a digital euro. She spoke of a digital euro that could complement cash. However, Lagarde explained why Bitcoin can’t yet fulfill “all the functions of money.”
The Dow Jones Industrial Average traded around 1% lower in today’s stock market after breaching the 30,000 milestone for the first time last week. On the positive side, the Nasdaq turned green in afternoon trading.
Shares of many (((( stocks with close ties to bitcoin and other cryptocurrencies are flying high today. China-based bitcoin mining specialist Bit Digital (NASDAQ: BTBT) rose as much as 23.3%. The bitcoin-focused investment fund Grayscale Bitcoin Trust OTC:GBTC) posted a maximum gain of 24.9%.
Bitcoin, Ethereum, and Ripple’s XRP are all seeing a boost in price. Image: Shutterstock In brief Bitcoin has broken its all-time high price. Altcoins like Ethereum and XRP are also getting a sizable boost. ETH is up 10% while Ripple’s XRP is up 8%, both enjoying yearly highs.
Russia’s largest state-owned bank, Sberbank, is reportedly set to launch a platform allowing users to purchase digital financial assets.
The price of Bitcoin hit a new all-time high on Monday as investors increasingly scoop up risky assets amid the topsy-turvy pandemic economy. The controversial cryptocurrency’s value hit an all-time peak of $19,864.15, shattering its previous high-water mark of $19,783.21 which was set back in December 2017.
Coinbase said Monday that it will begin offering services for Eth2 in “early 2021.”
This isn’t the first time that the virtual coin’s price has spiked, with past big gains often followed by steep declines. But, experts have said, this time may be a bit different, as the currency has hit new levels of mainstream interest among both investors and financial institutions.
Sellers hit the Dow Jones Industrial Average in afternoon trading Monday. The Dow Jones was weighed down by weakness in Salesforce.com ( CRM), which is expected to announce a deal to acquire Slack ( WORK) as early as Tuesday.
In brief Kraken is the fourth-largest cryptocurrency exchange in the world. It’s available to residents of 48 US states and 176 countries, with 40 listed cryptocurrencies available for trade. Features available on Kraken include staking and crypto futures trading.
( Canaan Inc NASDAQ:CAN) Q3 2020 Earnings Call, 7:00 a.m. ET Prepared Remarks Questions and Answers Call Participants Operator Ladies and gentlemen, thank you for standing by, and welcome to Canaan Inc.’s Third Quarter 2020 Earnings Call. At this time, all participants are in a listen-only mode.
Bitcoin bucked sluggish activity across global markets, hitting all-time highs on several exchanges during Monday morning’s trade session.
Bitcoin miners help to keep the network running (Image: Shutterstock) In brief Bitcoin mining helps to keep the Bitcoin network secure against attacks. With the right combination of equipment, electricity costs, and a few other considerations, Bitcoin mining can be profitable.
Crypto Twitter reacts to Bitcoin’s new all-time high. Image: Shutterstock Bitcoin has registered a new all-time high price after breaking its previous record of $19,738. According to Bitstamp, Bitcoin’s price hit $19,825 before retracing to its current price of $19,500.
Stablecoins “pose serious risks” according to Christine Lagarde, the head of the European Central Bank, while the digital euro could strengthen the region’s “monetary sovereignty.”
6 min read Opinions expressed by Entrepreneur contributors are their own. In many industries, regulation is often viewed as an additional hurdle to overcome. Many businesses tend to think of rules and policies as challenges that require adjustments and additional cost in their operations. However, the spirit of regulation is to establish fairness and even openness.
Blockchain privacy. Image: Shutterstock In brief Tezos developers have revealed the next upgrade proposal dubbed “Edo.” The implementation of Zcash’s library Sapling will allow “shielding” transactions on Tezos. Another new feature is a ticket system that allows smart contracts to grant portable permissions or issue tokens.
Bitcoin has set a new all-time high. Image: Shutterstock In brief Bitcoin has broken its previous all-time high of $19,783. The previous all-time high was set during the famous 2017 bull run. Today’s all-time high has been driven in large part by major Bitcoin investments made this year.
CME overtakes OKEx as largest Bitcoin futures market By Cointelegraph CME Group (NASDAQ:CME) has become the world’s largest Bitcoin (BTC) futures market following a surge in open interest over the past month, industry data shows. In a Friday…
Bitcoin bull run. Image: Shutterstock The price of Bitcoin (BTC) climbed back to over $19,000 today after taking a $3,000 nosedive last week. At press time, is trading at around $19,286, up 6,64% on the day, according to CoinMarketCap.
BTC/USD Back Above 19000 with 19500 the Next Hurdle: Sally Ho’s Technical Analysis 30 November 2020 BTC
Bitcoin (BTC/USD) extended recent gains early in today’s North American session as the pair appreciated to the 19350.01 area trading as low as the 18079.46 area in the Asian session, just below the 50-bar 4-hourly simple moving average. Chartists observe that the 50-hour simple moving average has bullishly crossed above the 100-hour simple moving average, reflecting an appreciating market.
Ripple has performed wonderfully well in the crypto market after Asheesh Birla, the General Manager of its parent company, RippleNet, gave a mind-blowing comment. During his interview on a podcast organized by Lend Academy on November 5, the general manager noted that Bitcoin is the best alternative after gold that can be used for hedging.
NEW YORK, NY / ACCESSWIRE / November 30, 2020 / Alt 5 Sigma Inc. an emerging leader in blockchain powered financial platforms announced today that it has partnered with Khurram Shroff’s CanETH for the Genesis Launch of Ethereum 2.0.
DeFi protocol Yearn Finance based on Ethereum announces cooperations with Cream, PowerPool, Cover, and Pickle protocols. Y-vault users will receive greater rewards due to new cooperations formed by Yearn Finance. The decentralized finance protocol Yearn Finance has had a week of important announcements about new cooperations.
Ethereum (ETH/USD) extended recent gains early in today’s North American session as the pair appreciated to the 605.00 area after trading as low as the 557.21 area in the Asian session.
In brief Someone has solved 0xPoland’s puzzle, claiming 7 ETH as a reward. Starting with a billboard in the Warsaw metro, a group of Ethereum enthusiasts tweeted several clues over 10 days. After the last clue was published, It took only 21 minutes for the winner to claim their prize.
Raoul Pal invests 75% of his liquid assets into Bitcoin. Image: Shutterstock In brief Raoul Pal has invested about 75% of his liquid assets in Bitcoin. He has also invested in Ethereum. Since retiring at age 36, Pal co-founded Real Vision, which commands over 10,000 subscribers.
Ripple price remained well supported near the $0.4500 and $0.4750 levels against the US dollar. The price is trading nicely above $0.6000 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.6180 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).
The world’s top cryptocurrency, bitcoin, is recovering after last week’s sharp losses. Bitcoin is up over two percent and was trading above $18,500 on Monday, inching closer to its all-time high of $20,000. The fresh rally comes after the cryptocurrency tumbled on Thursday, falling as low as $16,200.
1 minute read David Schwartz, the chief technical officer of the San Francisco-based blockchain company ripple has recently explained how much XRP he owns. Technically, because he owns such a mass sum, it makes him a whale in crypto terms. David Schwartz, the chief technical officer of the San Francisco-based blockchain company ripple has recently explained how much he owns.
Blockchain payments giant Ripple is cashing out a third of its total stake in remittance provider MoneyGram for the first time after the investment last year. As revealed in a recent US Securities Exchange and Commission filing, Ripple currently holds 6.22 million shares of MoneyGram along with a warrant, which allows the blockchain startup to purchase another 5.95 million shares.
In brief The central banks of Saudi Arabia and the UAE have published results of a joint CBDC test. They said the tests were a success and paved the path for a bigger rollout in the future. However, several concerns were discussed as well.
Weekend bull trap? Traders remain cautious as Bitcoin price rebounds to $18K By Cointelegraph The price of Bitcoin (BTC) surged above $18,000 on Nov. 29, reaching as high as $18,209 on Binance. However, traders are turning cautious despite BTC’s weekend rally. Bitcoin…
Loopring recently announced the release of the beta version of their Loopring Wallet. This Ethereum smart wallet is the first with baked-in zkRollup scaling. Loopring believes this is Ethereum’s first step for its growing financial system to enter into the traditional world of finance.
The cryptoeconomy has turned bullish again for the first time in years, and that warming has come just in time for the 2020 holiday shopping season to arrive in full force. As such, crypto-centric gifts are sure to be in demand this year.
Analyst Lark Davis predicts, that Ethereum, XRP, AAVE, AXS and Polkadot will rise in december. The DeFi market and all protocols could see a strong growing adoption in the next months. With the crypto market looking to recapture the momentum it lost towards the end of last week, investors are on the prowl for profit opportunities to pounce on.
There were more nodes participating in the Ethereum (ETH) blockchain than on the Bitcoin (BTC) network for a brief period at the start of the week. This news comes amid the imminent launch of ETH 2.0. Bitcoin Regains Lead over Ethereum in Number of Nodes Tweeting on Sunday (Nov. 29,…
Unifi Protocol DAO is fulfilling its promise to link the existing Ethereum DeFi market to DeFi on several other chains. Ethereum marks the 5th blockchain launch in just four months for uTrade, the trading platform built on the audited, custom-made Unifi Protocol smart contracts. Liquidity providers will benefit from lower network fee costs.
Ethereum’s mining difficulty – an indicator of competition among Ethereum miners, and hashrate – its computing power, have both reached new all-time highs.
A non-custodial exchange Serum was announced in late July amid the DeFi craze and launched in late August. Serum is the brainchild of the Serum
Big banks think new furniture is innovation, but they are wrong By Cointelegraph When banks finally come to improve their technology experience, they go no deeper than changing the front end. They’ll make a button blue instead of green or create rounded…
Hangzhou-based bitcoin miner maker Canaan has reported a net loss of $12.7 million in Q3 despite bitcoin’s price jump during the same period.
The Eth2 staking deposit contract continues to attract deposits, even after the milestone for the Phase 0 launch was reached last week.
TNC Coin launches its TNC-21 testnet to encourage developers to build an ecosystem bound by the TNC-21 token standard. The TNC-21 testnet allows easy token deployment and DApps creation. As TNC Coin mainnet aims to be fully-capable in powering up crypto and blockchain projects, the TNC-21 testnet is made open-source.
Ethereum Classic Activates Thanos Upgrade, Increasing Access for GPU Miners Ethereum Classic (ETC) has undergone a hard fork that ushers in a new upgrade aimed to increase miner participation and increase security. According to the ETC explorer by Blockscout, at around 3:45 UTC on Sunday, the ETC mainnet reached a block height of 11,700,000, automatically triggering the anticipated Thanos upgrade.
Decentralized oracle network Chainlink is participating in Gitcoin Grants Round 8 development of the in-demand Ethereum infrastructure project, as it announces support for the project. The crypto community has lauded this development, as so many believe both the Ethereum (ETH) and Chainlink (LINK) projects need to complement each other to grow and develop in the industry.
A total of 852,288 ETH have been deposited into the Ethereum 2.0 deposit contract to trigger the activation of the most ambitious upgrade of the second-largest cryptocurrency by market cap. The upgrade is expected to improve its economic model, resource usage, and governance.
But during the week of October 23rd, it appears that cryptocurrency enthusiasts decided to follow the herd. Bitcoin kicked off the week trading at a low of $18,437, and while prices consolidated throughout the following 28 hours, investors began to enter a state of FOMO.
One reason that long-term investing is so effective is that successful businesses are built for the long term themselves. Companies need time to execute their strategies and wait for them to bear fruit. And when their management is adept at deploying capital to generate high rates of return, they can enjoy many years of sustained growth.
Next year will see a new entrant into the cryptocurrency sector with the launch of Bitcoin Latinum, which has been described as a ‘next-generation’ currency. The new Bitcoin fork, which it is claimed will offer a range of benefits, including impressive transaction volume and enhanced cybersecurity, will officially trade with the symbol LTNM.
Ethereum Classic (ETC) has undergone a hard fork that ushers in a new upgrade aimed to increase miner participation and increase security. According to the ETC explorer by Blockscout, at around 3:45 UTC on Sunday, the ETC mainnet reached a block height of 11,700,000, automatically triggering the anticipated Thanos upgrade.
Over the past several months, the Brad Garlinghouse-led blockchain firm, Ripple has been targeted by fraudsters by creating official-sounding accounts and websites. These malicious entities have once again preyed on the XRP community. A well-known analytics firm, XRP forensics claimed to have received several reports of XRP-related scams over the weekend.
International restaurant franchise Pizza Hut has begun accepting cryptocurrency as a form of payment in Venezuela. In an announcement on Saturday, digital assets firm CryptoBuyer said it has become the food chain’s payments partner in Venezuela. Customers can make orders for food with bitcoin, dash and CryptoBuyer’s own token, XPT.
Bitcoin and pizza. Image: Shutterstock In brief Pizza Hut restaurants in Venezuela now support cryptocurrency payments. This is a result of a partnership between Pizza Hut and crypto payments processor Cryptobuyer. The firm’s point-of-sale solution supports Bitcoin, Binance Coin, Dash, DAI, Ethereum, Litecoin, Tether, and XPT.
The world’s favorite cryptocurrency, Bitcoin, has been making waves on the financial markets recently. The reason for its return in the investment spotlight is a bullish trend that began in October. Over the past two months, Bitcoin has increased by over $8,000 in value, peaking at $19,120 on November 24.
The ongoing Bitcoin ( BTC) rally has primarily been driven by institutions, analysts say, with metrics such as CME’s open interest and Grayscale’s assets under management (AUM), supporting this narrative. At the same time, the gold market has seen large outflows in recent weeks. On Nov.
Swiss crypto bank Sygnum has launched an end-to-end tokenization trading market to unlock access to funding for SMEs and enable fractional trading in high-value assets. Sygnum Bank claims to be the world’s first regulated Digital Asset Bank and a digital asset specialist with global reach. With…
Whether or not you are an active investor or not, it is plain to see that cryptocurrency is one facet of commerce that is not going away any time soon. Of course, the blockchain model has its supporters and its detractors, with both consistently looking towards the newest offerings with analytical eyes.
Qredo Atomic Swaps enable both individuals and institutions with delegated custodians to instantly trade peer-to-peer, without the need to trust a third party Cross-chain liquidity protocol Qredo has implemented institutional-grade atomic swaps for Bitcoin and Ethereum, delivering instant, cross-chain, peer-to-peer trading without counterparty risk.
Chainlink (LINK) remained stable above $11.50 and started a fresh increase, similar to bitcoin. The price is trading above $13.50 and it could surpass $15.00.
DUBAI, UAE – Ideaology is proud to announce its IDEA token pre-sale on December 1, 2020. The pre-sale event is an initial exchange offering (IEO) on P2PB2B exchange. Users will have a chance to purchase IDEA tokens with a 22% discount before the IDEA token public sale.
XRP Flare Fork to Airdrop Free Spark Tokens, but Coinbase and Kraken Will Not Benefit | Business Blockchain HQ
With just under two weeks to go before Flare Network’s airdrop goes live, some cryptocurrency exchanges have not confirmed that they will be taking part in the crypto distribution, and it may be too late to do so at this point.
In brief Bitcoin’s price recovered over the weekend after a mid-week drop. Analysts suggest investors are un-willing to keep pushing Bitcoin beyond its previous all-time-high. Wall Street was closed for the weekend but earnings reports from Apple and Zoom are expected to lift markets.
Top 3 Price Prediction Bitcoin, Ethereum and Ripple: Bitcoin recovery sets the pace for crypto market bull cycle
Bitcoin price recovery hits a temporary barrier around $18,500, but buyers still have eyes on $20,000. Ethereum has built on the support at $480, remaining bullish ahead of the imminent launch of ETH 2.0. Ripple must hold above $0.6 to focus on breaking the most robust resistance at $0.65.
Top decentralized finance (DeFi) coins such as AAVE are outperforming over the past day. While Bitcoin and Ethereum are both up massively today, AAVE is up 18.5% in the past 24 hours alone. This performance makes it the best-performing digital asset in the top 100 by market capitalization.
Data shows Bitcoin price drops days after BTC futures open interest hits $1B By Cointelegraph There was a time when BitMEX derivatives exchange reigned sovereign over other exchanges, and the company effectively held a 50% market share until July 2019. For this reason,…