Crypto markets to see ‘explosive volatility’ soon: Arcane Research | Last Cryptocurrency News Feed

Bounty Hunt Gone Wrong: ‘Unhackable’ Wallet Bitfi Denies It Has Been Hacked

In July, cryptocurrency hardware wallet manufacturer Bitfi’s executive chairman, John McAfee, claimed that Bitfi was “the world’s first unhackable device,” urging security experts to breach its security for a $100,000 bounty. Since then, a number of reports emerged that suggested Bitfi is not, in fact, “unhackable,” only to be dismissed by the wallet service as…

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Bitcoin Retakes $11,000 Following Turbulent Week in Crypto

Charts Courtesy of Coin360.comJuly 20 — Bitcoin (BTC) has retaken the $11,000 price point on the heels of a turbulent week. Charts Courtesy of Coin360.comAfter a bull market at the end of June brought the price of BTC to almost $14,000, the coin had largely been maintaining between $10,000 and $13,000 for most of the past…

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Trump announces $500B AI infrastructure venture ‘Stargate’

The Stargate project will be led by OpenAI, SoftBank and Oracle, while Microsoft and Nvidia will be key initial technology partners.

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WAVES risks ‘death cross’ plunge after price rallies 88% in six days

A major rally in WAVES price this week that saw it nearly double risks faltering in the coming sessions due to a "death cross" technical pattern.WAVES price crashed 85% after 'death cross' in 2018A death cross measure appears when an asset's long-term moving average closes above its short-term moving average. Notably, on the WAVES' weekly chart, its 50-week…

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Coinbase Shifting Focus Due to Growing Institutional Investor Interest in Crypto

America’s largest cryptocurrency exchange, Coinbase, is shifting its focus to serve the needs of a growing interest in crypto by institutional investors. This is the narrative coming from the company after some changes in the last 10 days.Firstly, news broke last week that Coinbase had filed to close its Political Action Committee (PAC) with the…

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Japanese Gov’t Agency Reports 170% Increase in Consumer Inquiries About Crypto in 2018

Japan’s Consumer Affairs Agency has reported that 2018 saw a 170% uptick in the number of consumer queries about cryptocurrencies as compared with the previous year. The news was reported by Cointelegraph Japan on June 18.The Consumer Affairs Agency (CAA) is an administrative agency of Japan’s Cabinet Office — the office responsible for the day-to-day…

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Brainard tells House committee about potential role of CBDC, future of stablecoins

The Fed vice chair told the House Financial Services Committee that a CBDC offers stability, interoperability in increasingly complex economic system. 129 Total views 17 Total shares United States Federal Reserve vice chair Lael Brainard submitted a written statement in advance to the Financial Services Committee's virtual hearing, "On the Benefits and Risks of a…

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Celsius warns community about fake accounts, pauses Twitter spaces and AMAs

Celsius Network announced that there is an increase in fake accounts on social media and warned users to be more vigilant. 1097 Total views 9 Total shares A week after it started its withdrawal freeze, crypto lending platform Celsius Network warned the community of a rise in fake social media accounts claiming to be affiliated…

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Ethereum futures backwardation hints at 30% ‘airdrop rally’ ahead of the Merge

Ether (ETH) bulls like a positive spread between its spot and ETH futures prices because the so-called contango reflects optimism about a higher rate in the future. But as of Aug. 1, the Ethereum futures curve slid in the opposite direction.Ethereum quarterly futures in backwardationOn the daily chart, Ethereum futures quarterly contracts, scheduled to expire in December…

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