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Day: April 27, 2020
Not a Safe Haven, but Maybe Something More
Born within a financial meltdown and crisis, Bitcoin (BTC) has found itself again in the role of a proto-savior for the current failings of fiat and national currencies. Those failings namely being that national fiat currencies continue to be printed at a whim when political leaders are caught in a catch-22 between mass poverty and mass currency inflation — with any result likely being a compromised and unsatisfying mélange of stagflation. Nevertheless, Bitcoin still isn’t immune from the pressures of a world steered toward uncharted waters. While one might respect…
Bitcoin Halving Beats Coronavirus in Mentions, 14 Days Left Before Event
The Bitcoin (BTC) halving event attracts a lot of attention from the side of both online and offline media. The event is two weeks away. Bitcoin (BTC) halving event has received a surprise. Mentions of the event have spiked as the event nears. The event is about 14 days away and the whole internet is abuzz. “Crypto-twitter” has had more than its fair share of mentions of the event. Sources say that halving mentions have become the second most popular Bitcoin topic on Twitter. These mentions have reached an all-time…
Why You Should Follow Cointelegraph’s Coverage of Virtual Blockchain Week
Cointelegraph is co-presenting and covering Virtual Blockchain Week, a series of talks from blockchain luminaries over the next five days. Speakers include well-known figures in the industry such as Changpeng Zhao, Caitlin Long and Anthony Pompliano alongside opinion-makers like Brittany Kaiser, Alyze Sam and Charlie Shrem. Cointelegraph journalist Rachel Wolfson is speaking on Wednesday about what it’s like covering the blockchain industry. Every day this week Cointelegraph.com will be filled with articles about sessions at Virtual Blockchain Week. Our journalists will hold interviews with speakers, sharing their insights exclusively on…
The Incognito Project Will Give Ethereum DeFi Monero-Like Privacy
Incognito is a new privacy and interoperability project that seeks to anonymize the tokens of every other blockchain. As part of that goal, it is launching private versions of leading Ethereum (ETH) decentralized finance platforms. Announced on April 24, the pKyber initiative is the first part of Incognito’s initiative to make DeFi private. First theorized in October, pKyber began full-scale testing on April 24. The team plans to release this to the Incognito mainnet on May 7. How does it work? Incognito is a standalone blockchain that focuses on private…
Price Analysis 4/27: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, XLM
Bitcoin prices are holding up well but the fact that many altcoins are witnessing profit booking suggests that the focus is shifting back to BTC. Crypto traders seem to be approaching the Bitcoin halving without any fanfare. Bitcoin’s (BTC) price action has been marginally positive in the past few days but it has only recently overcome the sharp crash of March 12. When the markets approach an important event without the overhang of huge expectations, it does not have to worry about disappointment and large-scale liquidation of positions. This could…
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This Technical Index Forecasts a Bloody Week for the Cryptocurrency Market
More than $80 billion have been injected in the cryptocurrency market over the past month. The substantial inflow of capital allowed most digital assets to recover the losses incurred during the Mar. 12 crash. However, a well-known technical index among institutional investors suggests that a retracement is underway. Bitcoin current chart thoughts. Have had a low conviction long bias from mid 6000’s pic.twitter.com/KtNlJ4GFNf — Thomas Thornton (@TommyThornton) April 23, 2020 A Sell Signal Across All Major Cryptocurrencies: Bitcoin, Ethereum, and XRP The TD sequential indicator is currently presenting a sell…
Uphold Announces Expansion of its Stablecoin Portfolio
Uphold, a digital money platform providing access to investments and payments using blockchain technology, has announced the expansion of its stablecoin offerings alongside the launch of a “Stablecoin Center.” The Center, according to the announcement, will offer access to six stablecoins in the platform, including four of the most popular in terms of market volume: Tether (USDT), TrueUSD (TUSD), USD Coin (USDC) and DAI. Uphold has also added coins from the Universal Protocol Alliance, such as UPUSD and UPEUR. Writing to Cointelegraph, Uphold’s CEO, JP Thieriot, praised the recent addition…
Dash Insights: B2C2 A Billion Dollar Cryptocurrency Market Maker
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Welcome to Dash Insights, a show that shines the spotlight on professional market analysis from industry experts and respected leaders in finance and cryptocurrency. On today’s episode I speak with Simon Heinrich, Chief Information Officer and Head of Technology for B2C2 to learn more about the world of market makers for crypto assets and what really happens behind the curtains of an OTC trading desk. B2C2 is a leading cryptocurrency market maker and a leader in electronic OTC trading. They are one…