Bitcoin erodes 4% gains as BTC price downside targets stretch to $23K

Major decentralized finance (DeFi) player MakerDAO (MKR) partnered with payment processor Simplex to create a fiat on-ramp for its Dai (DAI) decentralized stablecoin.According to an announcement on Mar. 3, the partnership makes it possible to buy Dai with the credit and debit cards of Simplex’s partner firms. Maker’s business development representative in Europe, Gustav Arentoft,…

Bitcoin (BTC) consolidated gains on Oct. 27 as the highest levels in six weeks gave way to sideways action.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin impresses with stability on GDP printData from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $20,500 on Bitstamp after reaching local highs of $21,012 the day prior.The largest cryptocurrency treaded…

Market analyst concerns over a correction below $50,000 are mounting, as crypto market sentiment returns to early August lows.

Alluding to the spate of controversies that have beset the project, Ripple CEO, Brad Garlinghouse, has argued that Ripple’s “transparency has opened us up to attack.”“10 or 100x more transparent than anyone else in crypto”In an interview for the Off the Chain podcast hosted by Morgan Creek Digital Assets co-founder Anthony Pompliano on Oct. 9,…

Hong Kong and Singapore’s wealthy elite appear to be looking at digital assets with fervor, after a new report from KPMG suggesting over 90% of family offices and high-net-worth individuals (HNWI) are interested in investing in the digital assets space or have already done so. According to an Oct. 24 report from KPMG China and Aspen…

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Bitcoin (BTC) whale clusters show that the $23,409 level has become an area of focus for large traders. This indicates that the ongoing bull run is buoyed by whales continuing to accumulate above $23,000.Whale clusters form when whales purchase Bitcoin and do not move their BTC holdings from the price of purchase. Clusters are useful…

BVM Studio introduces a no-code solution for blockchain deployment, promising accessible and quick blockchain creation with a drag-and-drop interface.

Blockchain scalability solution Matic launched a privacy-focused coronavirus tracking mobile application. 1653 Total views 34 Total shares Blockchain scalability solution, Matic, launched a privacy-focused coronavirus tracking mobile application.According to an April 29 announcement, the new app — dubbed Tracy — leverages the Matic network for contact tracing and quarantine management. The solution also uses decentralized…