Bitcoin Outlook Sours As Price Sheds 70% of Recent Rally
Bitcoin’s price has surrendered more than 70 percent of the rally seen in July, putting the bears in a more commanding position.
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Stellar to Airdrop 2 Billion XLM Crypto Tokens Worth $120 Million
news Chat with your friends – and get paid to do it. The Stellar Development Foundation and messaging service Keybase announced Monday a 2 billion XLM airdrop, the largest in Stellar’s five-year history, worth roughly $120 million. Over the next 20 months, Keybase users can expect monthly airdrops of 100 million XLM. Keybase currently has…
Ether Balance on Exchanges Nears All-Time Low
The number of ether (ETH) on exchanges has hit a low not seen since July 2016 as staking saps up available ether.Data from Glassnode shows that as of Thursday, 14.85% of all ether was held in wallets owned by centralized exchanges. The market hasn’t seen a level this low since ether was in its infancy…
Bitcoin Price on Track to Post First Monthly Loss Since January
markets View Bitcoin looks set to end its five-month winning streak with prices currently down 9 percent from the monthly opening price of $10,759, according to Bitstamp data. A low-volume price breakout seen on 4-hour chart indicates BTC may have a tough time scaling key resistance at $10,235 in the next few hours. Long-term charts…
Is China Poised to Nationalize Alibaba?
The International Business Times reports China might nationalize Alibaba. Here’s what that has to do with China’s digital currency efforts. This episode is sponsored by Nexo.io and this week’s special product launch: Stacks.co.Today on the Brief:Whales accumulated during yesterday’s crash Kentucky legislators introduce bill to attract crypto minersUBS lowers the threshold for charging savers because…
Crypto and the Real Meaning of ‘Radicalism’
I first got interested in Bitcoin, going on a decade ago now, thanks to some of its more extreme political affiliations. In the wake of the 2008 global financial crisis, investor interest in gold skyrocketed, particularly among survivalists and “preppers.” These “gold bugs” were often extremely libertarian (with hints of what we’d now call the…
Wild Trading Session Sees Tellor’s TRB Token Slide From $720 to $180 in Hours
A relatively illiquid market and likely overleveraged trading positions pushed Tellor’s TRB token prices up over 250% in 24 hours on Saturday, only for the cryptocurrency to tumble and fall 70% since a lifetime peak set on Sunday.Tellor is a so-called oracle protocol that uses blockchain-based tools to fetch and share data among different networks.
Chinese Blockchain Startup Hires VC Exec to Lead North American Expansion
Feb 17, 2020 at 06:00 UTCToronto image via ShutterstockBlockchain startup Conflux has hired Eden Dhaliwal, the former head of crypto at Outlier Ventures, as a managing director to lead its expansion in North America. The Beijing-based firm is set to open an office in Toronto within two weeks. It is assembling a ten-person team to conduct…
Crypto Investment Fund Suffers Hack Exposing Data of 266,000 Users: Report
Mar 5, 2020 at 13:30 UTCUpdated Mar 5, 2020 at 13:38 UTCIn the latest privacy breach to hit the cryptocurrency space, Malta-based Trident Crypto Fund has suffered a major data leak, Russian newspaper Izvestia reports on Thursday. Ashot Oganesyan, CTO of cybersecurity firm DeviceLock, told the publication that the personal data of about 266,000 people registered…