Day: April 23, 2020

Bitcoin Technical Analysis: Did BTC Just Flip Bullish? (April 2020)

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Don’t forget to subscribe and hit that notification ‘🔔’ & visit our base camp at – Bitcoin Technical Analysis: Did BTC Just Flip Bullish? (April 2020) The price of Bitcoin is currently trading well above $7k just as we anticipated yesterday. It was not an easy call for me to make because most people have a binary approach to trading, meaning you are either a bull or a bear. So, I have long been known as a bear to most such traders…

Upbit Extends Its Partnership With Chainalysis for Enhanced Crypto Compliance

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Chainalysis announced the extension of its cooperation with South Korean crypto exchange Upbit today, aiming to provide blockchain analysis support across the Asia-Pacific region (APAC). According to the announcement, Upbit APAC will start using Chainalysis KYT (Know-Your-Transaction) to provide a safe trading environment and comply with the established procedures in the region’s different countries. As South Korea’s regulation oversees Upbit Korea’s operations, the crypto exchange hopes to become ever more compliant. Strengthening regulatory compliance Chainalysis KYT is a crypto anti-money laundering (AML) product with over 275 clients in 40 countries.…

Coinbase Emerges as a Major DeFi Contender With Price Oracle Launch

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Coinbase is trying to fix the broken DeFi industry with stable price oracles. In an April 23 announcement, Coinbase introduced the Coinbase Price Oracle — “a critically important service to the DeFi ecosystem” that will be available through the CoinbasePro API.  Both existing ways are worse Coinbase contends that the two existing approaches to price data feeds for DeFi — “published signed data” from a centralized source or using a price feed coming from a decentralized exchange — are both unsatisfactory: “Using data from an off-chain source requires trusting the…

E-Payments During Covid-19 and Beyond

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The current pandemic is far from over and the economic, political, and social ramifications of this crisis remain unclear. Indeed, the nature of the workplace people return to might well be radically different to what previously existed. During an online panel session, hosted by Cointelegraph’s Stephen Chase, fintech pioneers debated how the Coronavirus could act as a catalyst for change in people’s attitudes towards working, technology, and online payments.  Given the 24/7 nature of cryptocurrencies, all the panelists had remote working policies in place prior to the COVID-19 outbreak, so…

Investing in Bitcoin – Grayscale Bitcoin Trust & Its MASSIVE Holdings of Bitcoin

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The Cryptoviser on YouTube. Daily Cryptocurrency, Blockchain, Investing and Finance News and Discussions. ************* Want to help support The Cryptoviser, there are 3 ways: 1. CashApp me directly $TheCryptoviser 2. JOIN CHANNEL MEMBERSHIP – by clicking the Join Button (or www.youtube.com/channel/UCq41LOyktVBW_CaVi2WKKXw/join) 3. Become a PATREON Member – www.patreon.com/TheCryptoviser ************* Buy a LEDGER Secure Offline Cold Storage Cryptocurrency Hardware Wallet Use my affiliate link to let them know I sent you: ************* Contact information: TWITTER Direct DM me Website: Facebook: ———————————————————————————— This video…

In Crisis, Innovation in Finance Can ‘Get Us to the Next Stage’

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The United States regulator, Commodities and Futures Trading Commission, announced the CFTC’s first science contest, Project Streetlamp, earlier this week. Cointelegraph had a chance to speak with Melissa Netram, who is the Chief Innovation Officer and Director of the commission’s fintech office, LabCFTC. Netram took over the role from Daniel Gorfine in September. Cointelegraph was pleased to hear her thoughts on progress at LabCFTC since then, the impact of the COVID-19 pandemic, and her plans for future development. Financial regulation under COVID-19 The current pandemic has taken center stage for…

Two Crypto Exchanges Paid High Ethererum Fees to Ensure Quick Withdrawals

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Data provided exclusively to Cointelegraph by blockchain and crypto analytics firm Flipside Crypto shows that Binance and OKEx paid large fees for Ether (ETH) withdrawals when the Bitcoin price crashed to $3,600 on March 13, a day dubbed as “Black Thursday” among investors in the cryptocurrency market. At the time, the Bitcoin (BTC) price dropped by around 50 percent in a single day, causing the price of Ether to plunge to as low as $85 across major exchanges. As an unprecedented cascade of liquidations pushed the entire market downward in…

Total BTC Fees for On-Chain Transactions Surged 50% in Last 24 Hours

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The total fees paid for on-chain Bitcoin (BTC) transactions over the last 24 hours increased over 50% since yesterday. On-chain data analytics service, Glassnode, pointed out several major developments shown by Bitcoin’s blockchain data. According to the firm, total Bitcoin fees paid over the last 24 hours increased by 50.7% to over $9,500. Furthermore, the Bitcoin mean fee paid by users increased by 58.8%, reaching $0.78. Meni Rosenfeld, the Chairman of the Israeli Bitcoin Association, told Cointelegraph that he believes 24-hour fees show too short a timeframe to be particularly…

New Stellar Foundation Member Would Rather Buidl Than Hodl

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International and Public Affairs professor, Ronaldo Lemos, a recent addition to the Stellar Development Foundation, or SDF, said his personal interests align more with industry growth than asset holding or trading.  “I’m more into using crypto as a tool to improve public institutions,” Lemos told Cointelegraph when asked about his crypto holdings and trading activities.    Lemos has worked with blockchain for governmental use cases The professor detailed a specific example of his blockchain endeavors, which includes working on signature verification via blockchain technology.    “I am one of the co-founders…

Does the Crypto Community Think the Bitcoin Halving is Priced in?

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Block halvings only occur every four years. Bitcoin’s third halving is set to take place in May 2020, but is the event already priced in? Twitter personality, The Crypto Dog, recently asked the community to weigh in.  “Do you think the halving is priced in?” the trader asked the crypto community in an April 22 Tweet.  This time is different Every four years, Bitcoin’s code dictates a 50% block reward slash. In May, Bitcoin’s mining reward will drop from 12.5 BTC, to 6.25 BTC per block. In theory, this will…