Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Poloniex Adds US Election-Based Trades
Poloniex has added crypto assets based on President Trump’s re-election. 1065 Total views 11 Total shares With the 2020 U.S. presidential election looming, crypto exchange Poloniex has added a way to bet on the outcome.“TRUMPWIN and TRUMPLOSE are the first new assets to join our Innovation Zone today,” Poloniex said in a recent statement.Assets valued…
Vitalik Buterin voices concerns over DAOs approving ETH staking pool operators
The Ethereum co-founder proposes a solution that could lower the likelihood of any individual liquid staking provider growing to a point where it poses a systemic risk. 770 Total views 15 Total shares Vitalik Buterin, the co-founder of Ethereum, has expressed worries regarding decentralized autonomous organizations (DAOs) exerting a monopoly over the selection of node
5 Bearish Candlestick Patterns Every Bitcoin Trader Must Know
As discussed in a previous article on bullish candlestick patterns, trading using Japanese candlesticks is the most popular method for analyzing price action by crypto traders.There are many patterns worth learning and understanding — some of the most essential bearish patterns are discussed below. It is important to note, once again, that context and candle…
Book Review: Digital Is the Cash
“Understanding the Past, Present & Future of Finance in One Read,” boasts the subtitle of Digital is the Cash by Nathaniel Luz. Whether the book achieves this lofty aim is likely to depend on the readers feelings towards Dash (DASH) being the future of finance.You see, Luz is an ambassador for Dash Africa, and strongly…
Investors shelter in short-term Treasuries, reducing Bitcoin’s chance of rallying to $30K
The price of Bitcoin (BTC) surpassed $28,000 on March 21, but according to two derivatives metrics, traders aren't very ecstatic after a 36% gain in eight days. Looking beyond Bitcoin’s stellar performance, there are reasons why investors are not fully confident in further price upside The recent rescue of Credit Suisse, a 167-year-old leading Swiss…
Crypto Markets Keep Fluctuating: Most Top 20 Coins Back in Green, Bitcoin Above $6,700
Monday, August 27: crypto markets have seen another recovery attempt, with all of the top 20 coins by market cap in the green, according to data from CoinMarketCap. After suffering a slump yesterday, crypto markets are back to green, with IOTA (MIOTA), Cardano (ADA), and EOS (EOS) seeing the biggest gains among the top 10…
BTC price returns key profit mark to Bitcoin exchange users at $34.7K
Bitcoin (BTC) bought on exchanges every year since 2017 is now on average in profit, the latest data confirms.Compiled by on-chain analytics firm Glassnode, exchange withdrawal figures confirm that at $37,000, a user’s purchase is on aggregate “in the black.”Bitcoin exchange users claw back bear market lossesBitcoin returned multiple investor cohorts to profit when it retook
Blockchain play-and-earn games focus on building even as NFT prices fall
Nonfungible tokens (NFTs) were in a strong bull run from Jan. 1 to mid-February. During this time, OpenSea volumes topped $5 billion and then fell to $3.6 billion toward the end of February. This could have been a sign that the overall sentiment of the crypto and NFT market was correcting. As Q2 approaches, the total volumes…