Author: BitcoinGuide.com

Bitcoin Finds Support Despite Aggressive Spot Selling; Bull Case Grows

One trader is now noting that the spot market has driven this Bitcoin selloff, with sell-side pressure on exchanges being quite intense.

Bitcoin subreddit hits 2M subscribers following GameStop controversy

One of the most well-known online Bitcoin communities passed two million subscribers in a surge of activity on Friday, purportedly due to the media attention over the r/Wallstreetbets subreddit. According to the Metrics For Reddit analytics website, the subreddit r/Bitcoin has 2,184,941 subscribers at the time of publication, making it the 178th most popular subreddit among more than 100,000 active pages.

US Lawmaker Likes Bitcoin – Urges Policymakers to Embrace Innovation in Regulation – Regulation Bitcoin News

U.S. Representative Patrick McHenry is pro-bitcoin. He is now hosting the Bitcoin whitepaper on his official congressional website and has called on other lawmakers to embrace innovation like Bitcoin. He believes that the cryptocurrency is unstoppable and governments cannot kill it.

Bitcoin price – Top Analyst Reveals Just How High Bitcoin, Ethereum and Six Additional Altcoins Can Go This Cycle | Fintech Zoom – World Finance

Bitcoin price – Top Analyst Reveals Just How High Bitcoin, Ethereum and Six Additional Altcoins Can Go This Cycle Widely-followed crypto strategist and trader Michaël van de Poppe is revealing his bull market predictions for Bitcoin, Ethereum, and six other crypto assets.

5 Cryptocurrencies To Buy Other Than Dogecoin Or Bitcoin

On Friday morning, Tesla Inc (NASDAQ: TSLA) CEO Elon Musk added #bitcoin to his Twitter profile, which sent Bitcoin (BTC) soaring over 10%. On Thursday, SatoshiStreetBets, which emulates its fellow Reddit forum, WallStreetBets, sent Dogecoin (DOGE) soaring over 360%. As traders protest restrictions on platforms such as Robinhood, which this week limited trading of popular stocks such as GameStop Corp.

Bitcoin Price Analysis: BTC Fails To Break and Loses $2000 Immediately

The Bitcoin whipsaw continues as it failed to break the marked bearish triangle’s upper angle and immediately dropped by $2000 to hit the $32,500 support, provided by a .382 Fibonacci Retracement level. The outlook for Bitcoin looked promising on Friday following the tweet by Elon Musk.

Are Cryptocurrencies Really Bad For The Environment?

While it’s important that we find ways to reduce emissions from cryptocurrencies, it’s also important to not forget that we need to be reducing emissions in government-run currency systems. The funniest thing is when we see the occasional government official tell us that bitcoin’s emissions are bad while their convoluted system is belching out far more pollutants.

Popular Cryptocurrency Trader Ben Armstrong Names His Top Altcoin For the Year

Top crypto trader and market analyst Ben Armstrong has given his top ten list for altcoins in 2021. In a recent YouTube update, Armstrong told his 327,000 subscribers the market is moving to short bitcoin while going long on a selection of top altcoins.

Dogecoin Rises 66% as #DogecoinArmy Trends on Twitter – Decrypt

Dogecoin: so much wow (image: Shutterstock) In brief Dogecoin today hit highs of $0.045, up from a plateau of $0.027. Coinciding with the surge is the trending of the #DogecoinArmy hashtag. Today’s surge is the continuation of the Dogecoin hype that began earlier this week.

India cryptocurrency bill puts industry in a state of panic

Mumbai: Cryptocurrency entrepreneurs and industry leaders are hitting the panic button as the government prepares to outlaw trade in private e-money ahead of the potential launch of India’s official digital currency. On Friday, the Centre announced that it will introduce the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, in the ongoing budget session.

Knightsbridge Crypto Expansion – Live Trading News

Leading Asian high-tech finance group Knightsbridge has expanded in to cryptocurrency, Knightsbridge, is announcing that it will start accepting customers from Asian markets that are allowed to avail themselves of their Marshall Islands brokerage. The company will first begin accepting customers in selected jurisdictions, while further expansion is expected to continue in 2021.

Institutional demand for crypto isn’t subsiding, but impact will be gradual

For example, just last week, when the currency was hovering around the $30,000 threshold, a whole host of pundits was warning investors to brace for impact, suggesting that the premier crypto asset was on the verge of a correction and could once again dip to around the $20,000 region.

Why Crypto Exchanges Seem to Crash More Than Traditional Platforms

A crypto exchanges technical infrastructure has much in common with traditional exchanges and trading firms. Trading stocks, commodity contracts, cryptocurrencies or any other financial instrument requires basically the same technical solutions and faces very similar problems. However, there are some notable differences.

Get Behind MARA Stock Right Now as Crypto Goes Mainstream

When cryptocurrencies pulled back, so did mining stocks, like Marathon Patent Group (NASDAQ:). MARA stock and the rest took a hit after U.S. Treasury Secretary Janet Yellen warned cryptocurrencies are being used ” mainly for illicit financing.” She added she would “need to examine ways in which we can curtail their use and make sure that money laundering doesn’t occur through those channels.”

This ‘French Revolution’ over GameStop is but a crypto-farce

The worry is that, rather than a glorious decentralization of finance, what seems to be unfolding here is a cryptoesque farce combining volatile trading and chatroom-driven tips reminiscent of cryptocurrencies like Bitcoin and penny stocks, all in a stock market juiced by pandemic stimulus.

The future of crypto trading will be omni-chain

It’s now virtually unarguable that decentralized finance is blockchain’s “killer use case.” Total value locked in DeFi grew by over 3,000% over the year leading up to January 2021. On the DApp Radar rankings, eight of the top 10 DApps on Ethereum are DeFi.

GameStop, Dogecoin and a New Market Paradigm – CoinDesk

It’s hard to do justice to the symbolism and significance of the Reddit-Robinhood-GameStop drama of this past week. That’s not to say it hasn’t been overblown in some quarters. I’ve heard it compared to the Capitol riots – no, that was sedition, this is rebellion, very different.

Here’s What Soulja Boy Should Know Before Launching SouljaCoin – Decrypt

Portrait of famous American hip hop singer Soulja Boy in Moscow, 2015. Image: Shutterstock In brief Soulja Boy sought help brainstorming ‘SouljaCoin’ on Twitter. He doesn’t want to get in trouble with the SEC. It’s possible. Musicians have put out both securities and crypto before.

Ethereum’s $1,350 is the Level to Watch Ahead of the Monthly Close

Ethereum has been consolidating around the $1,350 support zone for close to a week This area will be crucial during tonight’s weekly and monthly close Ethereum has a big month ahead with Grayscale opening its ETH fund to subscriptions The CME Group also launches its ETH futures on the 8th of February Galaxy Digital is also launching ETH-focused funds in February There will also be an ETH2.0 webinar on staking for institutional investors Ethereum investors and traders have been watching for close to a week as ETH consolidates at the $1,350 support area.

Ethereum – Ethereum, Tron, SushiSwap price Analysis: 31 January | Fintech Zoom – World Finance

Even though Bitcoin moved closer to the $34,000 level and saw some positive movement on the charts, some altcoins remained cautious and awaited stronger cues for a more definitive move. Such was the case with ETH and TRX, both of which were moving sideways at the time of writing.

https://fintechzoom.com/fintech_news_ethereum/ethereum-52-5-million-ethereum-wallets-are-making-money

Beginner’s Guide: How to Use Matcha, the DEX Aggregator on Ethereum | Crypto Briefing

Matcha is a decentralized exchange (DEX) aggregator built on Ethereum. The tool can be used to connect with leading DEXes like Uniswap, Balancer, Curve, and Kyber. Matcha finds the best rate for the user across the various networks.

Ethereum – Ethereum – Ethereum – Ethereum – Ethereum – Ethereum – Ethereum – How to Buy DogeCoin, Coinbase or Robinhood: price, Prediction & Live Chart: | Fintech Zoom | Fintech Zoom | Fintech Zoom | Fintech Zoom | Fintech Zoom | Fintech Zoom | Fintech Zoom – World Finance

Ethereum – Ethereum – Ethereum – Ethereum – Ethereum – Ethereum – Ethereum – How to Buy DogeCoin, Coinbase or Robinhood: price, Prediction & Live Chart: | Fintech Zoom | Fintech Zoom | Fintech Zoom | Fintech Zoom | Fintech Zoom | Fintech Zoom –

Chainlink Could Do 3x or More Between now and Dec. 2021 – Analyst

Timothy Peterson has forecasted that Chainlink could increase by a factor of 3 or more between now and the end of the year He explains LINK is fairly valued unlike Bitcoin and Ethereum that are in bubble territory Chainlink increasing by a factor of 3x brings its value to around $66 Bitcoin and crypto analyst Timothy Peterson of Cane Island Alternative Advisors has forecasted that Chainlink (LINK) could increase in value by a factor of three or more between now and the end of the year.

GameStop, eToro Soars, Exness in SA, Grayscale BTC, Dogecoin: Editor’s Pick | Finance Magnates

In a week dominated by the GameStop drama, let’s take a look back at the biggest stories from the worlds of forex, fintech, and crypto in our best of the week segment. The trading week started with news that having reached an all-time high of $1,470, ETH whales were transferring a significant amount to digital exchanges and unknown wallets.

Ethereum Price Analysis: 31 January – AMBCrypto

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice The second-largest cryptocurrency, Ethereum [ETH] has remained unimpacted by Bitcoin’s volatility over the past couple of days. The value of the digital asset has managed to stay above the $1,322 support and was currently […]

https://defirate.com/bitwise-adds-uniswap-aave

Can You Stake Cryptocurrency On a Raspberry Pi to Generate Passive Income?

Are you looking to earn dividends on your assets with little to no effort? Here’s how you can put your cryptocurrency holdings to work and passively earn rewards in the process! Whether you’re new to the crypto asset class or have been around for several years, the chances are that you’ve heard of ‘staking’-especially in recent discussions related to Ethereum and a handful of other digital currencies.

WallStreetBets coin listed atop bitcoin as battle between GameStop investors & Wall Street rages on

A joke token named after the subreddit that’s leading little investors’ battle against Wall Street, WallStreetBets, has been placed at the top of the rankings on the CoinMarketCap price-tracking website. The website listed a coin dubbed WallStreetBets (WSB) above the world’s top cryptocurrency, bitcoin, earlier this week.

Bitcoin ‘ascendant’ as GameStop saga unfolds, Bitfinex CTO says

The sudden rise of stocks like GameStop (GME) have shined a positive light on Bitcoin ( BTC), as more retail investors look to “rail against” the financial status quo, according to Bitfinex CTO Paolo Ardoino. Bitcoin’s price peaked north of $38,500 on Friday, just as U.S.

Bitcoin miner outflows hit an ATH, what’s next – AMBCrypto

Bitcoin is currently trading at $33831 after a highly volatile and eventful week. Before the weekend, Elon Musk’s tweet led to a massive surge in price, bringing it closer to $40000 level. However, there is consistent resistance and the price dropped to $33000 before it would hit the ATH.

Bitcoin Next Week: Levels and Patterns to Watch

There were three major events that supercharged the uptrend of Bitcoin and other cryptocurrencies. The FOMC statement played a key role as after the release safe-haven assets gained against the US Dollar, the other two are Ilon Musk and his Twitter account bio and a new wave of Wall Street threat also referred to as Reddittors.

Central Banker Has a Stark Warning for Bitcoin Investors

European Central Bank governing council member Gabriel Makhlouf has a stark warning for bitcoin investors: Be prepared to lose all your money. “Personally, I’m not sure why people invest in those sorts of assets, but they see them as assets clearly,” Makhlouf told Bloomberg TV on Friday.

Thanks Bitcoin, MicroStrategy stock is up 113% since being downgraded by Citigroup

On Dec. 8, 2020, Citigroup, one of the largest banks in the world, downgraded MicroStrategy’ss stock (MSTR). Since then, MSTR stock is up 113.27% from $289.45 to $617.31, as the price of Bitcoin ( BTC) rallied. In the same period, the Citigroup stock has declined slightly by 0.63%, from $58.36 to $57.99.

February 17, A Conversation with SkyBridge Capital on Bitcoin

SkyBridge Bitcoin Call w/ Anthony Scaramucci and Brett Messing | Feb 17th @ 8:00am EST / 5:00pm GST SkyBridge is bullish on Bitcoin as a store of value, or digital gold. Given unprecedented money printing, an increasing number of institutional investors, like Mass Mutual Life Insurance, Paul Tudor Jones, and Stanley Druckenmiller, are adding BTC […]

Why Do Millennials Choose Bitcoin? | The Daily Hodl

For the first time in many years, the modern world is faced with a new epidemic that truly frightened society and forced most people to close their homes. The loss of jobs, the closure of factories and the shutdown of entire areas of business have left their mark on the economy.

r/Bitcoin adds 100k+ Members in One Day – BeInCrypto

Following r/WallStreetBet’s takedown of hedge funds and the subsequent asset freezing on Robinhood, a block of mainstreet traders is moving into crypto. In the wake of Wallstreetbets’ hedge fund takedown, some traders are getting into crypto. Frustrated by the rage-fueled institutional response to a forced short squeeze that took 50% of one hedge fund’s value, retail equities investors seem to be moving into crypto.

Is What’s Driving Bitcoin’s Rise Any Different From the “WallStreetBets” Phenomenon?

Cryptocurrencies are certainly interesting to write about. That said, Bitcoin has probably lost its place as the most speculative way to invest right now. We’ve got a new game in town called a short squeeze. In this article, I’m going to talk about thinly traded assets and short squeezes.

Institutional Investors Bought Bitcoin From Long-Term Holders In Late 2020: Report

The narrative that institutional investors drove BTC’s price into the stratosphere in late 2020 received another confirmation from a research paper compiled by the popular exchange OKEx. The company’s document pinpointed Paul Tudor Jones’ endorsement of bitcoin in mid-2020 as the turning point for institutional adoption.

Opinion | Behind the Bitcoin Bubble

To figure out if you’re in a bubble, you need to find the source of the hot air. Obvious for GameStop , but for bitcoin, not so much. In July 2018, we wrote about the cryptocurrency company Tether, which issues tokens called tethers that trade under the symbol USDT and should be valued at $1-making the currency a “stablecoin.”

GameStop stock shows more volatility than Bitcoin

“Western ants” bought video game retail shop GameStop stocks worth more than 150 billion won a day in the battle between the short stock sellers and individual investors. It is worrisome as domestic investors may take the fall with GameStop stock in the dramatic price swings.

Coinbase announces direct listing: Will it make a difference for Bitcoin?

After announcing its plans to go public in December 2020, Coinbase released a statement on January 28th about its intent to propose a direct listing instead of a traditional IPO at the end of the year. The cryptocurrency exchange had already filed its registration documents with the SEC but the direction wasn’t specified until now.

Coinbase Exploring Support for 44 New Assets Across Trading and Custody Platforms | The Daily Hodl

Coinbase says a number of crypto assets may soon make their debut on the US crypto exchange’s trading and custody platforms. The San Francisco-based firm is looking to expand its offering this year after the recent additions of Aave (AAVE), Bancor (BNT), and Synthetix (SNX) assets to Coinbase Pro.

2020 Established Bitcoin And Ethereum As Institutional Assets, Says Coinbase

The largest US-based crypto exchange Coinbase has classified bitcoin and several altcoins as institutional assets following the developments in 2020. In its yearly report, the company has confirmed the growing institutional interest, the maturing market, and, somewhat surprisingly, the expanding appetite from corporations towards ETH.

Graph Blockchain Issues Options

Toronto, Ontario–(Newsfile Corp. – January 31, 2021) – Graph Blockchain Inc. (CSE: GBLC) (“Graph” or the “Company”) is pleased to announce that the Company has granted incentive stock options to an advisor of the company to purchase up to 1.5 million common shares in the capital of the company, pursuant to the stock option plan of the company.

Kraken Adds Trading for FLOW Tokens, which Support Blockchain Platform from Dapper Labs for Games, NFTs

Digital asset exchange Kraken has confirmed that it has added support for Flow (FLOW) trading which was introduced on Wednesday (January 27, 2021) at around 15:30 UTC. At the time of the launch, only FLOW tokens that had been earned via staking rewards were tradable.

XRP Posted Biggest Single-Day Gain in 3 Years in a Coordinated Buying Attack – CoinDesk

XRP rallied hard on Saturday in a move similar to a crowd pump recently observed in out-of-favor stocks such as GameStop. The cryptocurrency jumped 56% to $0.50944 to hit the highest level since Dec. 22, according to CoinDesk 20 data. That was the biggest single-day percentage gain since Dec. 21, 2017.

GiftChill New Digital Giftcards for Bitcoin and Cryptocurrency Gains Huge Exposure

UK, January 31, 2021 / EINPresswire.com/ — Big named gift cards can be purchased online using four different cryptocurrencies: Bitcoin, Bitcoin Cash, Litecoin, and Ethereum. No need to wait for the gift cards to be delivered, once purchased they are sent directly via email to use straight away.

Blockchain Professional Jonah Schulman Explains Why DLT based Security Tokens will “Dwarf” Bitcoin

Jonah Schulman, the Head of Marketing at Security Token Market, a US-based company focused on a listing website for Security Token Offerings (STOs) from all over the world, says that when he says “no” to US equities and “yes” to security tokens, he’s “actually saying yes” to blockchain or distributed ledger technology (DLT) and “no” to the existing financial infrastructure.

Union Budget 2021: What cryptocurrency industry is expecting from budget

The value of the world’s most popular cryptocurrency Bitcoin crossed $30,000 for the first time during the coronavirus outbreak. With intrigue in digital currencies at a record high, it would be interesting to see what the Union Budget 2021, which will be presented today, has in store for the cryptocurrency industry.

Cryptocurrency crime drops in 2020 but ‘DeFi’ breaches rise

NEW YORK: Losses from cryptocurrency theft, hacks, and fraud fell 57% last year to $1.9 billion, as market participants boosted security systems, but crime in the ‘decentralized finance’ space continued to grow, a report from crypto intelligence company CipherTrace showed. Criminals got away with a record $4.5 billion in 2019 in the crypto market.

Budget 2021 Expectations: Crypto startups seek legal framework, investment support from FM Sitharaman

Union Budget 2021 Expectations for Startups: For an industry that runs on high-end technology, it is normal to be surrounded by speculations. For people, where investing in a tangible asset has been the age-old concept, putting money in virtual assets can be a matter of hesitation.

Australian Dollar Buy And Sell Levels: AUDUSD, AUDJPY, AUDCAD, AUDCHF – Exchange Rates UK TV

If you can’t view the video, please watch on Youtube. Subscribe and watch forex and cryptocurrency technical analysis / forecast videos on our new channel: Exchange Rates UK TV Transcription Advertisement Save money on your currency transfers with TorFX, voted International Money Transfer Provider of the Year 2016, 2017 and 2018.

Why Robinhood Had to Risk Infuriating Its Customers

The online broker raised $1 billion to prop itself up. Overcoming customer anger may be harder. Robinhood had to raise $1 billion from investors yesterday to help it cover cash demands during the week’s trading frenzy, while traders and lawmakers sharply criticized the online broker for halting some trading in Reddit-touted stocks.

Bitcoin Hurtling Toward $300,000 Price Tag According to Global Macro Investor Report – Here’s the Timeline | The Daily Hodl

Raoul Pal’s Global Macro Investor (GMI) Report is expecting Bitcoin to meteorically rise to a price tag that’s over 7x its current valuation before 2021 expires. Pal retweeted a chart shared by pseudonymous Twitter user det showing that Bitcoin is hurtling towards $300,000 by October 2021 based on GMI’s Model Metcalfe Value.

Bitcoin Price Plunges as Bulls Fail to Break One Crucial Level; What’s Next?

It has been a rocky past few days for Bitcoin, with the crypto seeing mixed price action that has muddied the clarity that investors previously had regarding its trend The selling pressure it has been facing over the past few days and weeks has been quite intense, making it increasingly

Ethereum is an ‘unfinished product’ according to this analyst, here’s why – AMBCrypto

The biggest crypto market after that of Bitcoin’s has to be Ethereum. It has been the second-largest altcoin in the market noting an 85% surge since the beginning of the year. With its price surpassing $1k earlier in January, ETH’s value remained at $1,350 at the time of writing and registered a 24-hour trading volume […]

‘When alt season?’ eToro may have some answers

Investors who knew when to swap Bitcoin ( BTC) and altcoins could have boosted their gains significantly in 2020, according to new research from eToro, the popular social trading platform. The challenge, of course, is pinpointing when the coveted alt season begins.

Top 5 cryptocurrencies to watch this week: BTC, ETH, UNI, ATOM, COMP

Over the past seven days, the crypto market saw an uptick in volatility as Bitcoin ( BTC) and Dogecoin ( DOGE) price rallied higher simply because of social media activity. In situations like these, traders who make their investment decisions based on emotions tend to incur heavy losses and this is exactly what happened last week.

Is the weakness of Bitcoin after the ‘Elon Musk pump’ hinting at a bull trap? – BTCNN

Bitcoin is slowing down and weakening on-chain metrics are forcing traders to turn cautious in the short term. The price of Bitcoin (BTC) is showing overall weakness as it struggles to establish $34,000 as a support level.

GameStop frenzy takes cryptocurrency market over $1 trillion

The cryptocurrency market has topped $1 trillion following a huge price rally led by bitcoin and its meme-inspired rival dogecoin. The surge brought the total market capitalisation of all cryptocurrencies to $1.07 trillion on Friday, which is greater than the combined value of payment giants PayPal, Mastercard and Visa.

https://www.thecoinrepublic.com/2021/01/30/major-crypto-exchanges-are-facing-technical-issues

As Ethereum’s Vitalik Buterin Celebrates His Birthday, CZ Highlights How His Effort Birthed Binance – Herald Sheets

Changpeng Zhao (CZ), the CEO of the largest cryptocurrency exchange by trading volume, Binance, has acknowledged the effort of Ethereum co-founder, Vitalik Buterin, in making the emergence of the crypto exchange a reality, as he celebrates his birthday. Happy Birthday Vitalik Buterin In a special tweet shared by CZ Binance with his over 736,000 followers …

Binance Unveils Global Report on Crypto Investors’ Motivations, Behaviors, and Preferences | The Daily Hodl

Binance is giving an inside look into the motivations, behaviors, and preferences of crypto investors around the world. The global crypto exchange recently published its 2021 Global Crypto User Index report which examines data from over 61,000 crypto users across 178 different countries and regions and explores the respondent’s demographics, attitude, financial involvement, adoption, and ideology.

Binance, CEX.IO cautious amidst surge in crypto demand – CryptoNewsPipe.com

The recent surge in crypto demand has led exchange firms to apply extra caution in their operations. Reportedly, the rise in the number of new crypto users who wanted to sign-up with one exchange or the other hit its record highest on Friday, 28 January.

Thomas Lee Predicts Bitcoin Hitting $90,000 in 2021

No doubt, Bitcoin had a successful 2020, hitting new highs and breaking its 2017 all-time high. This year has equally seen numerous predictions, with Bitcoin performing more than expectations. Digital asset’s volatility makes it difficult to pinpoint price predictions due to many factors affecting crypto pricing.

8 Things to Look Out for When Choosing an Online Casino

The casino industry has been faced with a massive evolution in recent years due to the impact of technology. For instance, in the past years a gambler could only play casino games in a brick and mortar casino which came with lots of disadvantages like the problem of inaccessibility to all gamers.

Digital currency crime reduced by 83% in 2020, but ransomware attacks up 311% – CoinGeek

Digital currency crime reduced drastically in 2020, a new report by blockchain analytics firm Chainalysis has revealed. However, in a shocking twist, ransomware attacks had their biggest year yet, tripling in 2020 as cybercriminals took advantage of a rise in work-from-home lifestyles.

Legislative agenda on budget day: Cryptocurrency, infrastructure, investment

While finance minister Nirmala Sitharaman is expected to present a once-in-a-century Budget today, the government has also lined up a legislative agenda to boost infrastructure, investment and tech. ET looks at some key economic bills to be taken up during the Budget session of parliament.

Hong Kong shouldn’t take cryptocurrency funding for granted – Bollyinside

Flex Yang is the founder and CEO of Babel Finance, a Hong Kong-based cryptocurrency financial services company. Although Hong Kong has seen setbacks in recent times, it remains Asia’s main hub for most types of funding.

What the crypto bill means for bitcoin investors

A new bill listed for introduction in Parliament seeks to bar all private cryptocurrencies in India. It comes nearly a year after the Supreme Court quashed a Reserve Bank of India ban on crypto-related payments. Mint decodes what the bill means for crypto investors.

The future of crypto trading will be omni-chain | Business Blockchain HQ

It’s now virtually unarguable that decentralized finance is blockchain’s “killer use case.” Total value locked in DeFi grew by over 3,000% over the year leading up to January 2021. On the DApp Radar rankings, eight of the top 10 DApps on Ethereum are DeFi.

Injective Protocol Partners With PlasmaPay To Drive Fiat On-Ramp – Business Partnerships – Altcoin Buzz

World-renowned crypto wallet PlasmaPay has announced plans to enable fiat on-ramps for INJ. To achieve this, the global crypto wallet and payments dApp has entered into a strategic partnership with Injective Protocol (INJ). Interestingly, the protocol is well-known as the first-ever Layer 2 exchange protocol that opens up the benefits embedded in the decentralized finance (DeFi) sphere.

XRP, Aave, IOTA Price Analysis: 31 January – AMBCrypto

XRP sustained its northbound move on the charts and traded close to the $0.444 resistance at press time. AAVE remained within its parallel channel, with a breakout unlikely over the coming sessions and IOTA found support at $0.416 and registered some sideways movement. XRP XRP maintained its upward trajectory on the charts as the price […]

Here’s why Bitcoin’s past week saw a lot of chaos – AMBCrypto

A lot happened over the past week, as Bitcoin experienced one of its most volatile periods in terms of price and futures trading. While there weren’t any major dips or rallies, the constant change of sentiment may have tested the trader’s resolve and a particular incident reminded the crowd about Bitcoin’s reactive nature.

Kyber 3.0 Upgrade Is Around the Corner – Product Release & Updates – Altcoin Buzz

The decentralized finance (DeFi) space was at full throttle last year. At the end of 2020 Q3, the total value locked (TVL) in the DeFi space was about $10 billion. Despite these huge achievements, the space also experienced several major constraints.

Uniswap logs more than $30 billion in monthly trade volume for January

Data collected by The Block Research shows that decentralized exchange Uniswap has seen just over $30 billion in volume for January. That figure eclipses December’s total of roughly $15 billion, and exceeds Uniswap’s previous all-time monthly high of $18.5 billion from September.

Bitcoin at $ 400k, why Binance’s CZ thinks it will happen

The price of Bitcoin had been on the rise again and the reason for this increase was the addition of “Bitcoin” to Elon Musk’s profile. With this, the price of Bitcoin jumped almost 16% in 5 hours yesterday. It reaches around $ 37,000. The price has seen a correction and is trading at $ 33,508.

SushiSwap Breaks $1 Billion Market Cap After 278% Rally – BeInCrypto

Sushiswap (SUSHI) has entered the $1 billion market cap level following a 278% price rally in 2021. It now ranks in the top 40 projects. Decentralized exchanges have been the talk of the town in the past several months. Following the success of Uniswap, though, it was evident any competitors had an uphill climb under such dominance.

Blockchain platform for complex reinsurance operations

Distributed ledger or blockchain is a powerful technology for the reinsurance industry to grow its business while creating greater material efficiencies compared with existing technology.

Decentralized identity is the way to fighting data and privacy theft | Business Blockchain HQ

Decentralized identity is a function of blockchain technology that delivers real-world benefits to users quickly and easily, allowing them to benefit from things such as easier logins, faster credit checks and an overall smoother online experience.

XRP Climbs 52% In a Green Day By Investing.com

XRP Jumps 31% As Investors Gain Confidence By Investing.com Investing.com – XRP was trading at $0.45381 by 10:32 (15:32 GMT) on the Investing.com Index on Sunday, up 31.07% on the day. It was the largest one-day percentage gain since…

Risk it for the Bitcoin: Has BTC matured to be a safe investment play? By Cointelegraph

XRP Jumps 31% As Investors Gain Confidence By Investing.com Investing.com – XRP was trading at $0.45381 by 10:32 (15:32 GMT) on the Investing.com Index on Sunday, up 31.07% on the day. It was the largest one-day percentage gain since…

The Revolutionary Bitcoin Deal That Could Change Football Transfers As We Known Them

It is more than a quarter of a century since Jean-Marc Bosman changed the football transfer market landscape entirely when he went to court and stood up for the rights of players the world over. The Olympic Charleroi midfielder forced a landmark judgement which meant that, from 1995, footballers could freely move from club to club at the completion of their contract.

DeFi has to be improved by embracing its peer-to-peer aspect By Cointelegraph

XRP Jumps 31% As Investors Gain Confidence By Investing.com Investing.com – XRP was trading at $0.45381 by 10:32 (15:32 GMT) on the Investing.com Index on Sunday, up 31.07% on the day. It was the largest one-day percentage gain since…

Is PayPal Stock A Buy Right Now Amid Bitcoin Boost? Here’s What Earnings, Charts Show

PayPal ( PYPL) is the largest digital platform that provides money transfer services. The fast-growing company remains one of the top stocks in today’s stock market. But is PayPal stock a buy in the current stock market rally? PayPal boasts a consistent track record of earnings and sales growth, stretching back to at least 2010.

Elon Musk Plug Pushes Bitcoin Fees to Highest Levels in Two Years – Decrypt

Bitcoin payments. Image: Shutterstock In brief Bitcoin’s transaction fees have hit a new 2021 high. A large number of transactions are still unprocessed. Both trade and demand remain high for the coin. Average fees for on Friday hit $17.206, transaction data from BitInfoCharts shows, surpassing its previous 2021 high of $17.086, set on January 12.

“I Expect Bitcoin To Reach $110,000 This Year,” Says Dean Karakitsos, Founder Of Bitquery – Greek City Times

Dean “Sakis” Karakitsos is the perfect illustration of an entrepreneur and cryptocurrency mastermind. Born in Athens, Dean turned his passion for deep technology into several successful enterprises.

From FBI to Cryptocurrency King

Independent Premium Business After ten years in the FBI Curtis Ting decided there was something else that needed his attention, now he’s the Europe managing director for one of the largest cryptocurrency exchanges, writes Andy Martin Sunday 31 January 2021 12:50 E veryone who is old enough knows where they were on 9/11.

Visa CEO Says Payments Giant Set to Introduce Cryptocurrency Trading on Its Network – Fintech Bitcoin News

Payments giant Visa Inc’s CEO Alfred Kelly has revealed his firm’s plans to enable cryptocurrencies trading on its network. Kelly, who is also chairman of the firm, explains that there is no reason not to add cryptos when these are increasingly becoming “a recognized means of exchange.”

5 Cryptocurrencies To Buy Other Than Dogecoin Or Bitcoin

On Friday morning, Tesla Inc (NASDAQ: TSLA) CEO Elon Musk added #bitcoin to his Twitter profile, which sent Bitcoin (BTC) soaring over 10%. On Thursday, SatoshiStreetBets, which emulates its fellow Reddit forum, WallStreetBets, sent Dogecoin (DOGE) soaring over 360%. As traders protest restrictions on platforms such as Robinhood, which this week limited trading of popular stocks such as GameStop Corp.

Cryptocurrency proves costly to man as he falls prey to cybercrooks, loses Rs 3 lakh

A man from Hyderabad lost nearly Rs 3 lakh to cyber crooks The accused duped the man through Bitcoin trade Hyderabad: A man from Hyderabad fell prey to online fraudsters and lost Rs 2.89 lakh to them. The accused allegedly duped the man through online advertisements and fake Bitcoin trade.

3 Stocks to Watch that Offer Exposure to Cryptocurrencies

Some of these stocks offer investors a way to gain exposure to this fascinating technology with less risk than buying the actual cryptocurrencies themselves. Keep reading below for a brief overlook of 3 stocks to watch that offer exposure to cryptocurrencies.

Uniswap’s Token Hits All-Time High As Rest of Market Stagnates – Decrypt

DeFi is taking off. While most of the market stagnates, a couple of coins managed to drag themselves from the bog on Sunday and, ascending skyward, reached heaven.

https://www.bloomberg.com/news/articles/2021-01-31/-trillion-dollar-mt-gox-demise-as-told-by-a-bitcoin-insider

Investing in DeFi is seriously risky, but maybe it doesn’t have to be

(Image credit: Shutterstock / Rawpixel) In the last two years, a whole new industry has emerged within the blockchain and cryptocurrency universe, that of decentralized finance (or DeFi for short). Built predominantly on the Ethereum blockchain, DeFi is the crystallization of ambitions held by the architects of cryptocurrencies, to build a fully fledged financial system controlled by no single entity.

DEXA COIN to Launch Blockchain Driven Social Messenger Platform with Digital Payment Capabilities | Coinspeaker

Place/Date: DUBAI, UAE – January 31st, 2021 at 12:43 pm UTC · 2 min read Contact: DEXA COIN, Source: DEXA COIN UAE based DEXA COIN is launching a blockchain-driven social messenger platform with digital payment capabilities aimed at all users instead of just targeting the crypto community.

Why Ethereum Isn’t the Future of DeFi | Coinspeaker

Despite its popularity as a platform for DeFi applications, the rampant growth in both the number of DeFi applications and the number of users has put a strain on Ethereum’s infrastructure, leading to a number of challenges that many Ethereum DeFi users now face on a regular basis.

Elrond Announces the Official Launch of The Maiar Wallet and Global Payments App, Aiming to Onboard the Next Billion Crypto Newcomers

JULIAN’S, MALTA / ACCESSWIRE / January 31, 2021 /Elrond, the European blockchain startup that has surpassed a market valuation of $800 million in under 3 years, is ready to open the path to onboarding next billion users coming into crypto through Maiar, a blockchain payment app that provides a more

Reddit to Play a Role in Boosting Ethereum Blockchain’s Scalablity

Reddit is collaborating with Ethereum Foundation in an attempt to assist Ethereum core team’s scaling initiatives. Reddit, which is one of the biggest social media ventures internationally, and whose platform is the center of attention as its users have joined hands to upsurge Wall Street, is associating with the Ethereum Foundation with an aim of bringing decentralization to its users.