Aave tokenholders mull foray into Bitcoin mining
Some tokenholders are expressing doubts about the proposal’s profitability for the DeFi lending protocol.
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Markets Trading Flat After Fake Breakout, Bitcoin Hovers Around $8,300
Wednesday, Oct. 2 — After a fake breakout, where Bitcoin (BTC) jumped upwards from a seven-day low of $7,746 to $8,480 from Sept. 29–Oct. 1, BTC slowly retraced to its current price level.Cryptocurrency market daily overview. Source: Coin360One week since Bitcoin suffered from double-digit losses, the coin is back to trading sideways, at a similar price…
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Solana risks 35% price crash with SOL price chart ‘megaphone’ pattern
Solana market grapples with multiple bearish setups if it breaks below its key 50-week moving average. 464 Total views 3 Total shares Solana (SOL) risks crashing 35% in the coming days as it comes closer to painting a so-called "megaphone" pattern.SOL price "megaphone" patternIn detail, megaphone setups consist of a minimum of lower lows and…
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Exchanges show initial support to Terra revival by listing new LUNA token
HitBTC plans to list Terra's brand new token LUNA on May 27 as the suspended Terra Classic blockchain is expected to revive as Terra 2.0. 1066 Total views 38 Total shares Crypto trading platforms show initial signs of support for the revival of the collapsed Terra network by listing Terra's brand new token, also named…
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German bank launches crypto fund covering portfolio of digital assets
Hauck & Aufhäuser's Digital Asset Fund I will reportedly cover 85% of the total crypto asset market. 1086 Total views 9 Total shares German private bank Hauck & Aufhäuser announced its first crypto fund, the HAIC Digital Asset Fund I, launching Jan. 1, 2021.According to a report on FundView, the initiative, a collaboration with Berlin fintech Kapilendo,…
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Independent research verifies GBTC’s 633K Bitcoin: So why won’t Grayscale?
In the wake of the FTX crisis proof of reserves has been a trending topic, and it seems when firms are unwilling to provide it, analysts may step in. 154 Total views 1 Total shares With digital asset management firm Grayscale refusing to provide proof of reserves for its Grayscale Bitcoin Trust (GBTC), an independent…
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What is Solana, and how does it work?
What is Solana?Solana is a highly functional open source project that implements a new, permissionless and high-speed layer-1 blockchain. Created in 2017 by Anatoly Yakovenko, a former executive at Qualcomm, Solana aims to scale throughput beyond what is typically achieved by popular blockchains while keeping costs low. Solana implements an innovative hybrid consensus model that…
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Spotlight on Bitcoin as HSBC Shuts Hong Kong Protest-Linked Account
The need for censorship-resistant currencies like Bitcoin (BTC) has been thrown, yet again, into stark relief as HSBC shutters an account reportedly used to fund Hong Kong protestors. As the Hong Kong Economic Journal reported on Nov. 18, the British multinational bank recently closed a corporate account that was reportedly being used to transfer crowdsourced funds…
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Hodl, don’t trade, says the AI Bitcoin trading bot
An AI trading bot that learns how to time the market and accumulate Bitcoin quickly learned that the best way is to simply ”hodl.” 191 Total views 2 Total shares “Hodling” really is the way when it comes to accumulating Bitcoin (BTC). At least, that’s the conclusion made by an artificial intelligence (AI) trading bot…