Day: July 6, 2020

🛑 Hackers utilizando Deepfake de Justin Sun, Análise aponta queda do Bitcoin e mais! Bitcoin News

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Hackers utilizando Deepfake de Justin Sun, Análise aponta queda do Bitcoin e mais! Bitcoin News Brasil 2020, o resumo semanal das principais notícias no mundo das criptomoedas! Notícias 00:24 – 03:28 – 04:55 – 05:41 – 🔔 Conheça o nosso site oficial: ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ 🚨 APOIO: • Curso Crypto Trader – Do iniciante ao avançado: • Brave – Navegador rápido, leve e com AdBlock: • BitPreço – Várias exchanges de Bitcoin num só lugar: • CryptoBRL: A Stablecoin lastreada em Reais: • NovaDAX…

More China’s top fintech, e-commerce startups are investing in blockchain

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Despite the prolonged U.S.-China trade tensions and Covid-19’s ravaging effects on the economy, China’s tech sector continues to grow, thanks to the nation’s push for tech self-reliance. As a result, China’s tech sector currently has an R&D war chest totaling US$616 billion ⁠— and with that, continued investments in blockchain technology, according to a study on the major trends shaping the world’s largest digital economy.  Image: SCMP The China Internet Report 2020, released today by the South China Morning Post, found that China’s e-commerce companies have raised a collective $2.1…

3 Big Blockchain Companies Teamed Up on a DeFi Product That Pays Passive Income

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In a special announcement made at the Unitize conference on July 6,  Cosmos, Polkadot, and Terra revealed a new DeFi savings product called Anchor that aims to offer dependable interest rates on stablecoins deposits. The companies involved in the creation of Anchor plan to launch it across their respective blockchains at the end of Q3 this year and scale across to other PoS blockchains in the future. Do Kwon, founder and CEO of Terra, explained in a prepared statement: “While DeFi staples such as Maker and Compound have been revolutionary…

IPOs Are ‘Really Not Worth It’ Says Tim Draper

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Tim Draper, a famous American venture capitalist and serial cryptocurrency investor, believes that initial public offerings, or IPOs, are not the best source of funding for industry firms. The billionaire investor joined the Unitize conference on July 6 to talk about investing in early stage blockchain startups. Draper’s thoughts on IPOs During the Unitize panel, Draper highlighted that existing regulations make it difficult for blockchain companies to go public. “I don’t recommend going public to anybody right now unless your company is worth at least $10 billion,” the investor said.…

Bitcoin Volatility Hits Three-Year Low, Sparking Fears of Massive Sell-Off

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The cryptocurrency data analytics and research company, Skew has warned that bitcoin could see a massive sell-off due to declining volatility. The data analytics firm says that bitcoin (BTC) realized volatility hit 20% over the past 10 days – it’s the lowest 10-day reading in nearly three years. “Last time we reached that level, we had the great sell-off of November 2018 shortly after,” Skew cautioned on Monday. Back then, the price of BTC crashed by almost 50% from $6,500 in November to around $3,200 in early December. It was…

Three Female Binance Award Nominees Get Blocked From Instagram

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Rachel Siegel, also known as CryptoFinally, was recently the only woman nominated for the Binance Influencer Awards. She alleges that she and two fellow female crypto influencers were deplatformed from Instagram following their criticism of the underrepresentation of women in the Blockchain industry. The other women who were allegedly targeted are TechWithCatalina and GirlGoneCrypto.  Questioning the status quo Siegel told Cointelegraph that she has been very vocal about underrepresentation of women in the crypto industry. She noted that out of 25 award nominees, she is the only female: “I have…

Bitcoin is on the Cusp of Printing a MACD Bull Cross as Stock Market Rallies

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Bitcoin was able to post a bullish reaction to its recent dip below $9,000, with its buyers sparking a rally that sent it as high as $9,300. Although this rally has not confirmed any type of notable technical breakout, it has helped shift some of the benchmark cryptocurrency’s technical indicators into the favor of bulls. One analyst is now noting that the crypto is flirting with posting a MACD bull cross. This technical pattern – if confirmed during the imminent daily close – would be a significant development for bulls,…

Price Analysis 7/6: BTC, ETH, XRP, BCH, BSV, LTC, ADA, BNB, CRO, EOS

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Bitcoin and altcoins pushed higher today and many are showing signs of a possible trend reversal. The U.S. equity markets, gold, crude oil and the crypto markets are all up today. This shows that the U.S. investors have returned from the holiday weekend charged up and ready to buy assets to fight the likely devaluation in the U.S. dollar due to the Federal Reserve’s current monetary policy.  Sino Global Capital CEO Matthew Graham believes that China wants to internationalize the renminbi as a direct challenger to the dollar. Hence, the…

Market Wrap: As Stocks Rally, Bitcoin Trades Above $9.3K for the First Time in 10 Days

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A rising tide in equities is lifting all boats – including in the bitcoin market.  Bitcoin (BTC) is trading around $9,295 as of 20:00 UTC (4 p.m. ET), gaining 2.7% over the previous 24 hours. Bitcoin’s 24-hour range: $8,938 – $9,345 BTC above 10-day and 50-day moving average, bullish signal for market technicians. Bitcoin trading on Coinbase since July 4.Source: TradingView Market participants are pointing to global stock markets as reasons for bitcoin’s rise in price, with the world’s oldest cryptocurrency in a narrow range just above $9,000 since July…

Bitcoin Technical Analysis: BTC Is On The Verge Of A Big Move (June 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: BTC Is On The Verge Of A Big Move (June 2020) Bitcoin has been confusing traders lately especially over the weekend with a “lack of direction”. This is how many retail traders saw it but we saw this coming and talked about it last Friday before it all happened. We predicted that the market makers and whales would print an Inverted Head and…