Noelle Acheson talks about how the latest OCC statement that says banks can support stablecoin reserves is an innovation trigger in disguise.

Bitcoin has consolidated around $10,700 over the past number of days after hitting $10,200 early this week. The coin just surged higher in tandem with a positive open in legacy markets. The price of BTC is now $10,900, the highest price in around a week for the leading cryptocurrency. Analysts think that Bitcoin may have room to extend to the upside as it recaptures resistances in the high-$10,000s. During the move higher, millions were liquidated

Bitcoin has closed above $10,000 since July 27.

Ethereum’s price has been closely tracking that of Bitcoin over the past few days and weeks This has led the cryptocurrency’s bulls and bears to reach an impasse, as both sides have been unable to spark any sustainable trend Where the market trends next will likely depend on BTC, as the cryptocurrency is currently trading between two critical levels One analyst is noting that Ethereum was rejected at a high time frame resistance level yesterday

An accessible, in-depth look at what’s really at risk when Proof-of-Work or Proof-of-Stake blockchains suffer the dreaded 51% attack.

Bitcoin and the entire crypto market has faced some heightened selling pressure throughout the past day, with bears moving to regain control of BTC This has sent shockwaves throughout the entire crypto market, causing many tokens to plunge lower Analysts are now widely noting that the entire market could be well-positioned to see further losses in the near-term. One trader is noting that BTC reeling towards an “accumulation range” within the $9,000 region is a

Nic Carter appears on our new Opinionated podcast to discuss the $20 billion stablecoin phenomenon and its implications for the global financial system.

Will the future of currency be led by the U.S., China, Bitcoin, or some combination we can barely imagine today?

For the past few months, Bitcoin’s price action has largely been beholden to legacy markets like the S&P 500, the U.S. dollar index, and gold. The cryptocurrency has crashed and surge intandem with these markets, suggesting it is not uncorrelated as many once said. While this may be true in the short term, analysts think that the markets will decouple eventually. Bitcoin Is Primed to Decouple From the S&P 500, Top Analyst Says Willy Woo,

Aave has quickly become a flagship product in Ethereum’s DeFi ecosystem. The post LEND, the DeFi darling up 5,000% in 2020, is about to undergo a critical upgrade appeared first on CryptoSlate.

Bitcoin has been in a strong rally since the March lows. The coin moved from $3,500 at those lows to around $12,500 at the local highs. Unfortunately for bulls, a crucial sell signal is on the verge of appearing that may mark a medium-term top for Bitcoin. The indicator last formed just prior to the March capitulation crash. Bitcoin Could Soon Undergo Retracement: Trend Indicator Shows Bitcoin has undergone a strong rally since the March

Over the past few years, Chinese authorities have undergone a strong crackdown on most things crypto in the country. The post Chinese state TV just shilled DeFi and Ethereum to hundreds of millions of users appeared first on CryptoSlate.

Ethereum’s price action has been closely tracking that of Bitcoin in recent weeks, causing it to see a choppy bout of sideways trading The lack of any real trend in recent weeks has made ETH’s mid-term outlook somewhat unclear That being said, the crypto may now be trading at a pivotal level that determines its near-term outlook One analyst is noting that the price at which it is currently trading has historical significance, and its

With final preparations for the launch of Ethereum 2.0 soon to be underway, CoinDesk’s Christine Kim spoke with Developers Raul Jordan and Eduardo Antuña Díez about what’s left to do and what comes next.

Bitcoin’s price has been stagnant throughout the past several weeks and months, with buyers and sellers being unable to gain firm control of its near-term outlook The crypto is now pushing up towards $10,800, which has proven to be a heavy resistance level throughout the past several days and weeks If this level continues holding strong as resistance, whether or not it is broken above should offer profound insights into BTC’s near-term outlook A firm

Last week saw the third-biggest outflow from stock funds in history, and the dollar is the strongest it’s been since April. Here’s what’s going on.

Bitcoin’s price action has been fairly boring in recent weeks, with it establishing a wide trading range between $10,200 and $11,200. The post Analytics firm: Bitcoin investor sentiment reaches 2-year low as momentum stalls appeared first on CryptoSlate.

Kucoin, a Singaporean cryptocurrency exchange, disclosed that it was hacked and at least $150 million worth of crypto assets have been drained from its hot wallets.

Bitcoin has flatlined over recent weeks, entering a trading range between $10,000 and $11,000. On a macro basis, not all analysts are convinced that BTC is in a full-blown bull market. There are a number of resistances above Bitcoin’s current price that could mark highs of a medium-term rally. Despite this, there are crucial on-chain indicators suggesting that the cryptocurrency has room to move higher. One such indicator, which formed in 2017 prior to a

It’s been quite the year for DeFi. The post Responding to 1,000%+ spike in Ethereum fees, Synthetix is testing layer-2 tech appeared first on CryptoSlate.

The Bahamas has unveiled key details powering its historic launch of a central bank digital currency, now slated to debut on October 20.

While Bitcoin has seen local volatility, the coin is in a tight range on a medium-term basis. The coin has traded between $10,000 and $11,000 over the past few weeks. BTC now trades for $10,650 as of this article’s writing, smack dab in the middle of the range. A top analyst says that Bitcoin is primed to retest $11,000, then undergo a rejection in the coming weeks. This rejection could take BTC towards the CME

BASED has a new method for aligning decentralized finance (DeFi) projects with each other. At its core is a smart contract called Moonbase.

The case, the website, the circumstances and the source all share parallels with another recent federal murder-for-hire prosecution.

Bitcoin’s price forecast is looking bullish heading into the weekend. Meanwhile, DeFi investors doubled the total value locked in dForce.

A crypto-focused hedge fund is now accepting investors and raising funds for the launch of an algorithmic hedge fund to generate profits from the rapidly growing decentralized finance (DeFi) market, as per a release. The post This hedge fund is raising millions to trade DeFi tokens like YFI and LEND appeared first on CryptoSlate.

The founder and lead market strategist at NorthmanTrader explains how the Fed has boxed itself in and why our fundamental economic capacity fails to grow.

Fintech giant Plaid has added support for two DeFi applications, the IRS wants to know about your crypto and stablecoins have passed the $20B milestone.

CEO Steve Ehrlich says this quarter’s revenue is on track to double what the company produced in all of its last fiscal year.

Hal Finney battled ALS until his death on August 28, 2014. Six years later, we’re working with the Bitcoin community to continue that fight. The post Our Hero Hal: Fundraising For A Bitcoin Visionary appeared first on Bitcoin Magazine.

Efani’s solution to SIM swapping? Make it so difficult to make changes to a cell phone account that an attack is virtually impossible.

Decentralized video platform Theta Labs is collaborating with smart contract giant Chainlink to fight the estimated $19 billion global issue of online video ad fraud, according to a release shared with CryptoSlate. The post How Chainlink’s newest partnership will combat a global $19 billion fraud appeared first on CryptoSlate.

With bitcoin’s best day in two months and a surprisingly positive report out of Chinese state media, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

he platform targeted at combating scams advertised in video ads deploys a combination of Theta’s blockchain, Google’s BigQuery solution and Chainlink’s oracles.

SoluTech, which violated securities laws and misrepresented its revenue during the token sale, now must destroy all its tokens.

Thus far, decentralized finance (DeFi) has been a trend relegated to Ethereum—and Ethereum only. The post DeFi is spreading beyond Ethereum: Single Neo app gains $300m after launch appeared first on CryptoSlate.

Ether’s recent price drop has failed to deter investors from accumulating the cryptocurrency, on-chain data indicates.

Ethereum has been hit hard by the recent market-wide downturn, with the retrace seen by the decentralized finance sector likely being the main suspect behind this weakness. The post History shows Ethereum’s mid-term uptrend isn’t over despite 30% pullback appeared first on CryptoSlate.

Hands down, Uniswap is one of the most important decentralized apps on Ethereum. The post Hype is growing about the “v3” upgrade for Ethereum DeFi’s leading app, Uniswap appeared first on CryptoSlate.

The launch of Ethereum 2’s first phase (a.k.a. The post Not all Ethereum users are excited to stake on ETH2’s Beacon Chain appeared first on CryptoSlate.

The revelation that the world’s foremost financial institutions have been willfully laundering criminal money reminds us that Bitcoin has an unearned reputation. The post FinCEN Files Remind Us That Bitcoin Is Still Not For Money Laundering appeared first on Bitcoin Magazine.

With some of its highest hash rates ever, the Bitcoin mining industry has weathered a harsh 2020 and increasingly moved away from China. The post The Sun Never Sets On Bitcoin Mining: Decentralization Continues As China Flounders appeared first on Bitcoin Magazine.

Unchained Capital, an Austin-based financial services firm, has announced its new enterprise-grade self-custody offering, aptly named “Business Accounts for Bitcoin.” The post Unchained Capital Unveils New Ways For Businesses To Custody BTC appeared first on Bitcoin Magazine.

With Discreet Log Contracts (DLCs) now active on Bitcoin’s mainnet, the potential for smart contract functionality is massive. The post DLCs Are On Bitcoin, Bringing New Functionality And Major Potential appeared first on Bitcoin Magazine.

Bitcoin Association of Hong Kong is using donations for advertisements that feature informative statements highlighting “the risks and merits of Bitcoin”. The post Community-Funded Bitcoin Awareness Campaign Unveiled in Hong Kong appeared first on Bitcoin Magazine.

Square, the payments company with a penchant for Bitcoin and open-source development, has launched a membership organization to curb stifling patents. The post Square Launches Cryptocurrency Open Patent Alliance To Protect Innovation appeared first on Bitcoin Magazine.

Every month, Bitcoin Magazine puts together a short recap of this months events as told through the best links from Bitcoin Reddit. Check out our August 2020 roundup! The post Bitcoin Reddit Roundup – August 2020 appeared first on Bitcoin Magazine.

Being a Bitcoiner is as simple as owning any amount of BTC. But as you go further down the rabbit hole, you’ll be eager to get your hands on everything that can help you Bitcoin better. The post The Top 5 Products That Every Bitcoiner Needs appeared first on Bitcoin Magazine.

This week, the Lightning Network set a new record that demonstrates its growing popularity and utility. The post With TVL At New Record, The Lightning Network’s Time Has Come appeared first on Bitcoin Magazine.

Promoted: Leading blockchain asset management platform Invictus Capital has announced its latest fund to offer exposure to BTC. The post Invictus Capital Introduces Bitcoin Alpha Fund With Downside Protection For Investors appeared first on Bitcoin Magazine.