Like most of the cryptocurrency market, Ethereum has performed well over the past few days. This strength culminated in a rally to the crucial level of $250 on Wednesday, as depicted in the chart seen below. The ongoing surge has been quick to flip cautious investors into bulls. One trader postulated that ETH is now on track to hit $300, citing the bullish break of its market structure and its outperformance of BTC. Yet some

Crypto lending platform Nexo and popular blockchain oracle network Chainlink are now launching a collaborative effort to help perpetuate the adoption of digital assets. The post Nexo and Chainlink launch joint collaboration to accelerate crypto adoption appeared first on CryptoSlate.

CENTRE froze $100,000 in USDC in response to a request from law enforcement, the group said Wednesday.

Bitcoin is beginning to flash some signs of strength as it starts breaking out of the recently established trading range between $9,00 and $9,300 The crypto could soon make a move to test the resistance that sits towards the top of its long-held trading range This resistance extends from $9,700 to $10,000 BTC’s tempered strength comes as altcoins begin rallying, with some even climbing as much as 100% yesterday Analysts are noting that there are

Cryptocurrencies are not the first thing on one’s mind when they hear about TikTok. The post Binance CEO has an explanation for a possible TikTok-driven altseason appeared first on CryptoSlate.

Fresh pastures are opening in the world of yield farming. Kyber, a decentralized exchange (DEX), is preparing to share trading fees with KNC token holders.

A short rally popped bitcoin’s price to $9.4K during what’s been a month of sluggish volumes.

Just when you thought DeFi couldn’t get crazier, there’s now a method to burrow loans on zero capital. The post Undercollaterized loans come to DeFi project Aave (LEND) appeared first on CryptoSlate.

The aggregated cryptocurrency market is beginning to flash some signs of strength after an extended period of sideways trading Altcoins have been leading the market higher, as Bitcoin has remained stagnant within its long-held trading range This upwards momentum has even allowed XRP to rally, with this marking the first notable surge it has seen since April Analysts are noting that it could continue climbing higher in the near-term before hitting a crucial resistance level

Texas’ securities watchdog ordered Mirror Trading International to cease operations, alleging the South African bitcoin and forex “investor club” is a multilevel marketing scam.

The Synthetix Network Token (SNX) has seen a parabolic price surge over the past month as the decentralized finance sector sees some explosive growth. The post Synthetix Network Token (SNX) is about to face a sell-side liquidity crisis appeared first on CryptoSlate.

Coinbase has hired Paul Grewal, former U.S. magistrate judge and Facebook legal alum, to lead the cryptocurrency exchange giant’s legal team.

After a week of viral videos on TikTok, dogecoin is up 35% in price and 2,000% in volume. What gives?

Brazilian crypto users are increasingly turning to USD-pegged stablecoins as the country’s real sinks to record lows against the dollar.

Bitcoin is currently attempting to break above the resistance that has been formed at $9,300 This comes on the heels of a nearly week-long consolidation phase between $9,000 and $9,300 Where it trends next will likely depend on its reaction to this level, and some analysts are expecting the next movement to favor bulls heavily One top macro investor is explaining that BTC is on the cusp of breaking above a crucial descending trendline He

U.K.-based Electroneum is helping students in Nigeria and India with block rewards reaped from its token, ETN. The strategy also helps its business.

Randall Joseph Smail faces up to 30 years in prison for lying to a bank about having $640,000 in bitcoin to get a loan.

Start9 Labs’ Embassy server sets up its own private internet network and comes with its own operating system. We tried it.

The Libra Association’s head of policy said ongoing dialogues with central bankers had not dented their original ambition.

By studying informal financial cooperation, including lending circles, blockchain developers can uncover new opportunities, says our columnist.

The “Chinese Uber” will join the nations CBDC project, TikTok threw Dogecoin a treat and Nexo tapped Chainlink.

Marlin has open sourced its OpenWeaver relay network to help speed up low latency mempool syncs of the Ethereum network and support decentralization.

Very crypto, much wow. With Dogecoin back in the news, CoinDesk’s Markets Daily is back with another bitcoin news roundup.

The late Gerald Cotten wasn’t the only investor who failed to make a plan for his crypto, according to a survey by the Cremation Institute.

The recent pandemic put a spotlight on contactless payment alternatives to paper cash like Bitcoin, Venmo, Apple Pay, and more. The World Health Organization urged consumers to rely on these payment methods. Digital payments soared globally as a result. But beyond the possibility of viral transmission, what else is living on dirty money that isn’t also living on Bitcoin? Contactless Payments Shine In New Post-Pandemic World Bitcoin is a financial asset unlike anything before it

The U.S. sanctions on financial institutions in Hong Kong could put the city’s growing crypto brokerage businesses in jeopardy.

Based on “real volume” from eight reputable exchanges, these 20 digital assets attract most of the sector’s legitimate trading activity.

India’s crypto renaissance continues, with Tata Consultancy unveiling a solution allowing banks and financial institutions to offer digital asset trading.

The service allows institutional investors to securitize a range of crypto-based products, from token trackers to complex trading strategies.

Kyber Network staking pools now lock over $15 million in user funds, signaling application health and strong long-term fundamentals for the company. The post Kyber Network pools stake over $15 million just one day after launch appeared first on CryptoSlate.

From the lows seen on Sunday, Bitcoin has sustained a healthy bounce. As of the time of this article’s writing, the leading cryptocurrency trades for $9,250. At the local peak on Monday, it traded as high as $9,400 on major exchanges. While the cryptocurrency is not yet above the crucial $9,400-9,500 resistance region, an analyst has observed that a breakout is taking place. The breakout is in Bitcoin’s one-day relative strength index (RSI), which indicated

Even though Bitcoin and other top cryptocurrencies are stalling, Cardano’s ADA has continued to rip higher over recent days. The post Cardano (ADA) is now up more than 200% since the start of 2020: data appeared first on CryptoSlate.

Crypto altcoins have ignored Bitcoin’s inability to rally over recent weeks. Take the chart below, which shows that BTC has strongly underperformed some of the leading cryptocurrencies since the start of June. With the recent outperformance of altcoins, a select group of traders is expecting an “altseason.” The head technical analyst at crypto research firm Blockfyre commented: “There are people that don’t believe it’s #altseason. Look at $DOGE. Look at $BTC Dominance. 3 year trend

Bitcoin has rallied by more than 150 percent from its mid-March nadir, but its growing exposure to a similarly booming US stock market remains worrisome. The cryptocurrency risks paring a portion of its recent gains as macro analysts warn about a downside move in the S&P 500 ahead. The warning came as the Cboe Volatility Index surged 41 percent above its historical average, indicating extreme uncertainty among stock investors. Bitcoin is at risk of losing

Throughout the crypto market’s consolidation phase, the total supply of circulating stablecoins has been on the rise. The post Rising stablecoin supply sets the stage for the crypto market to see a strong Q3 appeared first on CryptoSlate.

Cardano’s native blockchain token ADA logged a two-year high in early Wednesday trading session. The ADA/USD exchange rate topped at $0.138 as traders shifted their focus on Coinbase Custody’s announcement of supporting ADA storage and staking this year. ADA is now up by circa 180 percent over the last 90 days. Cardano’s native token ADA is among the top performers in the cryptocurrency market this year. The sixth-largest crypto established a new 2020 high at

While global businesses reeling from the implications of the ongoing pandemic, development is blooming in the cryptocurrency space. The post Cardano and Litecoin founders to discuss cross-chain collaboration appeared first on CryptoSlate.

Robert Leshner, the founder of Compound, has voted against the latest proposal to increase the WBTC collateral factor on the platform from 0 to 65 percent. The post Founder of Compound votes against using wrapped Bitcoin as collateral, deems WBTC “risky” appeared first on CryptoSlate.

Ethereum’s stagnant price action has come about despite there being plenty of positive developments within the broader ETH ecosystem. The post Data analyst: Ethereum unlikely to rally until the end of the DeFi bull market appeared first on CryptoSlate.

Casa is no longer supporting its hardware with ongoing updates. Watch this video from Nik Hoffman in getting MyNode running on a Casa node. The post Video: How To Install MyNode on Your Old Casa Node appeared first on Bitcoin Magazine.

Strike is an application that allows you to transact with Lightning payments with just a debit card or bank account. But, here’s the secret sauce: instead of having to buy bitcoin to load up your Lightning channels, users on Strike never touch BTC. The post Zap’s Strike Moves to Public Beta appeared first on Bitcoin Magazine.

The Bitcoin 2020 conference is officially moving to April 30–May 1 in sunny Los Angeles, California, with Nick Szabo and Tony Hawk headlining! The post Bitcoin 2020 Is Moving to 2021 in Los Angeles! appeared first on Bitcoin Magazine.

This contains 50 links to most of the best quality content that was uploaded to Reddit for this month. Most links come from the popular r/bitcoin, but we also retrieved posts from other one as well such as r/BitcoinMining. The post Reddit Roundup – June 2020 appeared first on Bitcoin Magazine.

Lastbit’s wallet hopes to bring credit and debit cards to Bitcoin in the EU. The post Lastbit’s Wallet Hopes to Make Spending Bitcoin Simple One Day appeared first on Bitcoin Magazine.

The cryptocurrency exchange Kraken has granted open-source payment processor BTCPay Server its largest donation ever: $15,000 of BTC. The post Kraken Announces Largest-Ever Grant to BTCPay Server appeared first on Bitcoin Magazine.

The extradition of WikiLeaks founder Julian Assange can be seen as a threat to free speech, and cypherpunk ideals, everywhere. The post Julian Assange’s U.S. Extradition and Bitcoin’s Battle for Freedom of the Internet appeared first on Bitcoin Magazine.

The $150,000 grant from the cryptocurrency exchanges is the latest in a wave of donations to those working on Bitcoin Core. The post OKCoin, BitMEX Operator Grant $150,000 to Core Developer Amiti Uttarwar appeared first on Bitcoin Magazine.

Bitcoin-only financial services company River Financial has seen significant growth this year, attributed to unprecedented central bank stimulus. The post With Rising Interest in Plan B Services, River Financial Raises $5.7 Million appeared first on Bitcoin Magazine.

The new free wallet service from Casa is built on its premium security technology while offering private key management education and encrypted recovery phrase storage. The post Emphasizing User Friendliness With Sovereignty, Casa Launches Free Wallet appeared first on Bitcoin Magazine.

ION, a Microsoft-led decentralized identity system built on top of Bitcoin, has officially been moved to beta on Bitcoin’s mainnet today. The post ION, Microsoft’s Decentralized Identity System, Launches Beta On Bitcoin Mainnet appeared first on Bitcoin Magazine.