Altcoin ‘euphoria’ phase begins once market cap jumps 16% — Trader
A crypto trader says the altcoin total market cap needs to rise around 16% before “euphoria” sets in, and until then, the market could remain “choppy.”
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Argentina’s largest two banks to allow crypto trading
Argentina’s largest bank has embraced crypto and will allow its customers to begin purchasing four crypto assets including Bitcoin through their accounts at the bank. 348 Total views 50 Total shares Argentina’s largest and second-largest private banks, Banco Galicia and Brubank, have announced that they will allow customers to make crypto purchases.Bloomberg reported on May…

Institutionalize Crypto: Big Four Analytics Tools May Lure in Traditional Investors
Once dominated by young and savvy retail investors, the cryptocurrency market has seen increasing interest lately from institutional investors and large fintech firms. For instance, Grayscale Investments most recently added 19,879 Bitcoin (BTC) to its Bitcoin Trust, bringing the firm’s total volume of the predominant cryptocurrency close to a whopping 400,000.The investment firm further noted…

All-time high weekly close — 5 things to watch in Bitcoin this week
Bitcoin (BTC) simply refuses to die this week as a dip below $60,000 barely lasts an hour and bears are burned yet again.After a fairly calm weekend, Sunday saw a typical drawdown before a dramatic resurgence took place for BTC/USD just an hour later.With that, Bitcoin has preserved not only its bullish trajectory but has…

Altcoin prices briefly rebounded, but derivatives metrics predict worsening conditions
On May 12, the total crypto market capitalization reached its lowest close in 10 months and the metric continues to test the $1.23 trillion support level. However, the following seven days were reasonably calm while Bitcoin (BTC) gained 3.4% and Ether (ETH) added a modest 1.5%. Presently, the aggregate crypto cap stands at $1.31 trillion.Total…

Bitcoin energy debate resurfaces with calls for ‘green hackers’ to attack network
The exponential rise in Bitcoin’s price and hash rate is driving critics to once again question the largest blockchain’s energy efficiency — with calls for “green hackers” to band together to mount an attack on the network.Total world production and consumption vs. Bitcoin. Source: CBECIA self styled “developer and ecologist” who goes by the name…

Yield farmers make 500% returns but most can’t read smart contracts
A CoinGecko survey has found that the majority of yield farmers do not understand the smart contracts underpinning the DeFi protocols they use. The majority of yield farmers do not understand how to read the potentially risky smart contracts that underpin the decentralized finance (DeFi) ecosystem — but that hasn’t stopped them making huge profits.Crypto…

Bitcoin Cash Halving Met with 11% Price Surge; BSV Follows with 19%
Bitcoin Cash (BCH) went through with its first block reward halving on Wednesday, with the coin price gaining 11.2% on the day. Those gains were exceeded by Bitcoin SV (BSV), which gained 19.4% in the same time period. Bitcoin SV is scheduled to carry out its own block reward halving by Friday, April 10th. Both Bitcoin forks…

EOS Holds Top Spot, Bitcoin 11th in China’s Latest Crypto Rankings
China’s state-backed tech workgroup has released its fourteenth crypto rankings report, with Bitcoin (BTC) ranked 11th and EOS (EOS) retaining the top spot as of the end of September 2019.The listings rank 35 assets in total, as reported on Sep. 29 by the Center for Information and Industry Development (CCID)’s online information portal. ReshufflesCompared with the…