August 2020 | Page 4 of 171 | Last Cryptocurrency News Feed

Bulls Resurface As Ethereum Touches $440, What’s Next? (ETH Price Analysis)

Ethereum surged by a substantial 10% surge over the weekend as it hit a high of $440 today. The cryptocurrency broke above the previously highlighted pitchfork on the 4-hour chart. Additionally, Ethereum penetrated above a falling price channel against Bitcoin over the weekend. ETH/USD – Bulls Re-Test 2020 Highs Key Support Levels: $420, $408, $400.…

CoinDesk Feed

Robinhood, Other Online Trading Platforms Having Log-in Issues

Aug 31, 2020 at 15:15 UTCUpdated Aug 31, 2020 at 15:40 UTCCustomers reported experiencing issues logging into Robinhood, Charles Schwab and multiple other trading platforms Monday morning, according to a flurry of tweets. CoinDesk confirmed the degraded performance on Robinhood via the website's status page. The popular retail trading platform posted a notice saying, "Some…

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Five CoinMarketCap Executives Depart Binance in Mass Exodus

Aug 31, 2020 at 15:04 UTCUpdated Aug 31, 2020 at 15:42 UTCFive of CoinMarketCap’s (CMC) top officers, including the interim CEO, have left the cryptocurrency-ranking website only months after the firm’s purchase by Binance. The Monday departures includes interim CEO Carylyne Chan and executives Spencer Yang, Jeremy Seow, Jared Chin and Matthew Lippl.Binance plans to…

Cointelegraph Feed

Is Ethereum Left and Bitcoin Right?

Hacktivist Bitcoin developer Amir Taaki took aim at Ethereum co-founder Vitalik Buterin on Twitter recently for essentially writing off smart contracts inventor Nick Szabo as a right-wing crank.Taaki wrote that this sort of attitude was typical of an “Eth[ereum] culture which is about sparkling burner parties, privileged digital nomads, microdosing LSD, sex orgies and ‘social-justice’…

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TRON Partners with Band to Deliver On-Chain Oracles for DeFi

TRON dApp developers have just acquired new capabilities after TRON announced a partnership with Band Protocol. The deal means that third-party devs will be able to utilize Band’s oracle solution to obtain tamper-proof price feeds and other external data sources. Reliable oracles are regarded as one of the most critical capabilities for a blockchain to…

Cryptocurrency News Feeds

Short Time? After 30,000% Since Launch, Binance Futures Adds Yearn Finance (YFI) For Leveraged Trading

YFI has undoubtedly been the best performing cryptocurrency of the past month in terms of pricing. The governance token of Yearn Finance was announced on July 17th by Andre Cronje and has since taken off in a way no one probably expected. What started as a “0 value” token is currently trading at around $36,000…

CoinDesk Feed

Coinbase Adds Marc Andreessen as Board Observer, Replacing Chris Dixon

Aug 31, 2020 at 14:25 UTCUpdated Aug 31, 2020 at 14:33 UTCCoinbase CEO Brian Armstrong (CoinDesk archives)Coinbase has added legendary investor Marc Andreessen of venture capital firm Andreessen Horowitz and Gokul Rajaram, a DoorDash executive, to its board of directors. Andreessen, whose tech-focused venture firm manages $12 billion, will operate as a board observer and…

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Russia’s Crypto Mining Farms Would Have to Report to Government Under Proposed Bill

Aug 31, 2020 at 14:19 UTCBitriver mining farm in Bratsk, Russia. (Anna Baydakova for CoinDesk)Russia’s Crypto Mining Farms Would Have to Report to Government Under Proposed BillThe Russian government wants to know what the country’s data centers are up to, and that includes cryptocurrency mining farms. The Ministry of Digital Development, Communications and Mass Media…

Cointelegraph Feed

Bitcoin will hit new high ‘in near term’ as Buffett exits USD — Keiser

The Sage of Omaha is getting out of the world’s reserve currency, Max Keiser claims, and that’s a prelude to Bitcoin hitting a new record. The U.S. dollar is getting so weak that even Warren Buffett is getting out and Bitcoin (BTC) will see all-time highs, says Max Keiser.In his latest forecast for macro, the…

Cointelegraph Feed

FTX buying Blockfolio continues consolidation trend in crypto industry

The past few months have seen a number of major crypto companies facilitate some serious big-money acquisitions. For example, on Aug. 25, blockchain software firm ConsenSys bought out JP Morgan’s enterprise-variant of the Ethereum blockchain Quorum. Similarly, earlier this year, global cryptocurrency exchange Binance announced that it was acquiring CoinMarketCap, one of the most referenced…