Bitcoin ’anxiety stage‘ risks more September losses, but there’s a silver lining
Bitcoin’s “anxiety stage” suggests more potential September downside before the next leg up, recent price analysis suggests.
Related Posts
Are custodied crypto funds at risk? Industry veterans explain
Investments under custody are usually very safe, until the accountability of the custodian is called into question. 542 Total views 15 Total shares With rumors of insolvency flying high among crypto firms such as Celsius and Three Arrows Capital, investors couldn't help but ask a simple question: What happened to all the funds that were…
Blockchain Could ‘Speed up the Economy,’ Says Nigerian Presidential Candidate
The presidential candidate of Nigeria’s leading opposition party has promised to support blockchain and cryptocurrency, local news outlet the DailyPost article reported Nov. 24.The Nigerian news outlet reportedly analyzed the Peoples Democratic Party (PDP) candidate Atiku Abubakar’s “Get Nigeria Working Again” policy that he reportedly promised to enact if he is elected president February 16,…
Ether Price Hits 2020 High: Key Reasons Why ETH Outperforms Others
The price of Ethereum (ETH) has reached a new yearly high at $322, surpassing the previous high achieved in February 2020. Three key catalysts are seemingly behind the ETH rally.Since early 2020, the anticipation of Ethereum 2.0, which would enable staking for users, pushed the demand for ETH upward. Staking allows users to receive incentives…
Compound’s COMP Token Takes DeFi by Storm, Now Has to Hold Top Spot
When Compound launched its governance token, COMP, on June 16, few in the crypto space could have predicted how rapidly it would rise to the top. As Cointelegraph reported at the time, it only took a single day of trading for COMP to become the leader of the decentralized finance rankings. It was a historic…
Lightning Networks Has Yet to Strike Adoption, but Don’t Count It Out
For a currency to be considered useful as money, it has to serve three fundamental purposes. It should function as a medium of exchange, as a store of value and as a unit of account. The fact that Bitcoin doesn’t fulfill all of these purposes to an adequate extent at least partially explains why it…
Block.One Proposal Would Prevent Users From Buying EOS Resources
Block.One, the firm behind the EOS blockchain and token, proposed a major change to the network’s resource allocation system that would require users to rent network resources.According to a blog post published by Block.One on Dec. 21, the proposed changes aim to avoid network congestion caused by the inability to employ unused Central Processing Unit…
BitKeep exploiter used phishing sites to lure in users: Report
The attacker appears to be attempting to cash out funds using Binance and Changenow. 266 Total views 5 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTThe Bitkeep exploit that occurred on Dec. 26 used phishing sites to fool users into downloading fake wallets, according to a report by blockchain analytics provider OKLink.The…
Two US Law Firms File Class Action Against Altcoin Nano and Exchange BitGrail
Two United States law firms have filed a lawsuit against the developers of altcoin Nano (NANO) as well as Italian cryptocurrency exchange BitGrail, according to a notice published Jan. 7.Crypto-focused law firm Silver Miller and securities law firm Levi & Korsinsky have filed a class action lawsuit representing James Fabian — “and on behalf of…