Day: April 28, 2020

Ethereum is Gearing Up for a Parabolic Push; Here’s How Far It May Run

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Ethereum has seen some immense bullishness today against Bitcoin, with the cryptocurrency firmly outperforming its peers as its buyers vie to shatter the resistance that has been firmly established around $198. This latest upside movement comes close on the heels of ETH’s recent rejection at this level, and its ability to rally while BTC consolidates seems to uncover some underlying strength amongst its bulls. One popular trader is now noting that he anticipates ETH to go parabolic against BTC in the days and weeks ahead. Ethereum Lays the Groundwork to…

Ethereum Soars Over 125% Since March

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Almost all markets across the world have been in turmoil owing to the economic uncertainties brought about by the coronavirus pandemic, and in that regard, the crypto market has been no different. However, one of the major cryptocurrencies to have made a remarkable recovery since hitting its lowest levels in March is Ethereum (ETH), and it is important to take a closer look at it. In this regard, it should be noted that ETH is the second-biggest cryptocurrency in the world, and its recovery might have an impact on the…

Market Wrap: Bitcoin Edges Up to $7.7K as Mining Power Rebounds

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Bitcoin’s price is on the upswing, and so is the amount of computing power securing the network as a once-in-four-years event known as the halving approaches. The world’s oldest cryptocurrency is up 12% over the past five days, and less than a percent over the last 24 hours, trading in $7,600-$7,700 territory Tuesday.  Bitcoin trading on Coinbase the past five daysSource: TradingView The price for one BTC has been above the technical indicator 10-day and 50-day moving averages, indicating bullish sentiment. Bitcoin trading on Coinbase since April 26Source: TradingView Meanwhile,…

Judge Approved Blockchain Association’s Brief in Kik Case Despite SEC Objections

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A U.S. District Judge allowed the Blockchain Association to file a brief in an ongoing lawsuit between the U.S. Securities and Exchange Commission (SEC) and Kik despite the regulator’s concerns the group was not a neutral observer. Judge Alvin K. Hellerstein of the Southern District of New York signed off on the advocacy group’s right to file the amicus – or “friend of the court” – brief last week, a day after the SEC filed an objection saying several members of the association had financial interests in the case, and…

Facing Mounting Regulation, BitMex Closes Japan Service

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BitMex, one of the world’s biggest crypto derivatives exchanges, announced on April 28 that it will close services to Japan residents starting May 1 amid new Japanese regulations. Earlier this month, the Japanese Cabinet decided in the Cabinet Order to establish regulations on any crypto derivative and fund procurement transactions. The notice explained that: “The restrictions are in response to the amendments to the Japan Financial Instruments and Exchange Act and Japan Payment Services Act effective as of 1 May 2020.” All traders will be affected The restriction will apply…

Algorand’s Releases Pointproofs to Upgrade Fundamental Blockchain Cryptography

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The Algorand (ALGO) project has developed a new cryptographic primitive called Pointproofs. The team believes they are a significant improvement to the Merkle proofs used in many blockchain systems. Cointelegraph spoke with Sergey Gorbunov, Algorand’s head of cryptography, to learn more about the paper that he and his team published on April 19. A major development for stateless blockchains Smart contract blockchains like Algorand and Ethereum (ETH) rely on sharing a common state, which is the sum of all account balances and smart contract variables that define the blockchain. A…

MASUK LAGI 114 RIBU | CLOUD MINING BITCOIN LEGIT 2020

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Stacking Sats? Small Bitcoin Holders on the Rise, Data Suggests

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New data support the assertion that small bitcoin investors are multiplying rapidly. And anecdotal evidence suggests that much of the growth is taking place in the U.S. The number of network addresses holding at least 0.1 BTC has continued to hit new all-time highs, climbing to 3,010,784 on Monday, according to data from Glassnode. At the time of publication, 0.1 BTC is worth $770. These addresses began to increase exponentially around mid-February, coinciding with Federal Reserve Chairman Jerome Powell’s suggestion to lawmakers that the central bank lacked sufficient firepower to…

Mobile Ransomware That Doesn’t Ask Victims For Crypto Emerges

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A report from cybersecurity firm Check Point unveiled a new ransomware attack, where cybercriminals pose as the FBI to demand victims pay their “fine” by credit card.  According to the April 28 report, the malware — known as “Black Rose Lucy” — is unusual, since there are no ransom payments involving cryptocurrencies like Bitcoins (BTC) and it affects users of mobile devices with Android as an operating system. Check Point had already tracked the beginnings of the malware since September 2018, originating in Russia as a “Malware-as-a-Service” (MaaS) botnet. However,…

THE TWO AMAZON'S OF CRYPTOCURRENCY!!!

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Welcome back! THE NEXT AMAZON FOR CRYPTOCURRENCY IS HERE! Chainlink and Tezos have outperformed the majority of the market since 2018 and they are showing EXACT correlations to the Amazon market cycle after the internet bubble. Want more Updates? Discord: TradingView @JolleyCrypto Twitter @Vajolleratzii Instagram @D.I.Y_Investing Facebook @D.I.YInvestingllc Email: D.I.Yinvestingllc@Gmail.com Disclaimer: I am not a paid financial adviser. All analysis done on Youtube by D.I.Y Investing is for my own trading plan only. D.I.Y Investing cannot be held liable for any losses…