July 8 set a year-to-date record for the number of net Bitcoin (BTC) withdrawn from custodial exchanges. The onslaught was led by Coinbase. A bullish sign? Yesterday, 20,660 more Bitcoin were removed from exchanges than deposited according to data from Glassnode. This represents 2020’s biggest daily outflow of Bitcoin from exchanges — a behavior pattern that is typically considered bullish. All Exchanges versus Coinbase net Bitcoin flow. Source: Glassnode Coinbase leads the exodus Interestingly, Coinbase alone experienced a net outflow of 20,787 BTC — higher than the total for all exchanges.…
Day: July 9, 2020
BitClub Programmer Admits Mining Scheme Stole $722M in Bitcoin
A 35-year-old Romanian programmer of the Bitclub Network pleaded guilty on Thursday to his role in establishing the mining pool Ponzi scheme that defrauded investors of hundreds of millions of dollars in bitcoin. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Original
Alchemy Aims to Transform Blockchain Development with New Build Tools
While it may be a long-standing joke in the developer community that any bug can be turned into a feature simply by documenting it, the fact is that blockchain deployment is often mission-critical. Whether it’s at the protocol level within a permissioned enterprise solution, on a public chain, or within an app that processes financial transactions, dependability is not optional. And as DeFi soars, the importance of identifying systemic weaknesses in code has never been clearer. Some blockchain companies offer major bug bounties to white hat hackers who seek flaws…
Bad Day for Stocks Sends Bitcoin Price Below Key $9.3K Support
Today Bitcoin (BTC) price abruptly dropped 2.93% to $9,160 before traders stepped in to push the price back to the $9,200 level. Crypto market weekly price chart. Source: Coin360 The mild correction occurred as the Dow pulled back 370 points and the S&P 500 and Nasdaq also saw small losses. Gold also pulled back 0.92% but still is only $17 away from its recent high at $1,818. BitMEX XBT-USD Liquidations. Source: Skew The drop below $9,200 resulted in $15 million in BitMEX liquidations and at the time of writing the…
Dogecoin Margin Trading and Saving Accounts Now on OKEx
Cryptocurrency exchange OKEx launched saving accounts and margin trading for meme cryptocurrency Dogecoin (DOGE). According to an announcement shared with Cryptox on July 9, OKEx announced that leveraged spot trading, perpetual swap contract trading, and saving features will launch tomorrow for the meme-based cryptocurrency, Dogecoin. OKEx did not answer Cryptox’s inquiry by press time. Exchanges capitalize on the Dogecoin crazie The announcement follows a recent Dogecoin viral marketing campaign conducted by its fans on social media video platform TikTok. The campaign apparently caused the coin’s price to surge by over…
Analysts Discuss If Stellar Lumens (XLM) Has Peaked After 50% Rally in 4 Days
It isn’t only Cardano and DeFi tokens that have performed extremely well over recent days. Stellar Lumens (XLM) is up over 50% in the past four days, having rallied from around $0.06 on the weekend to $0.09 as of the time of this article’s writing. At the local highs, the popular altcoin traded just a few dozen basis points shy of $0.10. Stellar (XLM) price chart over the past week from TradingView.com This strength has made Stellar Lumens one of the best-performing cryptocurrencies of the past week. XLM is only…
Падение рубля, нефть второе дно по 13$
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #нефть #доллар #рубль Мой сайт: Отзывы об обучении Мой Telegram канал: По вопросам обучения и канала прогнозов: Нравится канал-помоги донатом: BTC 19Z5cFtax8yDQFAfkmL4u1drXRf7WVShSu USDT ERC20 0x523bbbb4a75ba7cfa1ee30141a8b31e7225b6ddb ——————————————————————– Не знаешь где торговать? Проверенные биржи на которых я торгую: BINANCE 10% кэшбэк : BINANCE Фьючерсы с плечом до х75 и кэшбэк 10% : FTX 5% кэшбэк (биржа с большим количеством BEAR и BULL) BITFINEX: HUOBI GLOBAL: BITMAX: KUCOIN: ——————————————————————– Прогноз курса BTC, DASH, EOS, ETH, BTC.D, LTC, XRP, BEAR, S&P500, BRENT, RUB 03.06.2020 Прогноз курса…
I’m a Syrian Refugee. This Is How Bitcoin Changed My Life
Tey Elrjula is a tech entrepreneur, a refugee and the author of “The Invisible Son,” now available for pre-sale. Bitcoin is good for whatever you need. I’ve used it to order pizza and to build a fulfilling career, despite all types of hardships. I’ve been using bitcoin for years because my family needs it, not because I enjoy speculative trading. In 2013 I was introduced to cryptocurrencies while working with software engineers in the Netherlands. My idea was that if we created money from code, then money would become a…
Hold More Gold Than Bitcoin, Says BTC Bull Mike Novogratz
Michael Novogratz, one of the biggest Bitcoin (BTC) bulls in the world, does not recommend investors to put the majority of their funds into Bitcoin. Although Novogratz is confident that Bitcoin “way outperforms” the precious metal, it is still safer to buy more gold than Bitcoin due to the cryptocurrency’s highly volatile nature. Bitcoin is still “early in the adoption cycle,” Novogratz says “My sense is that Bitcoin way outperforms gold, but I would tell people to have a lot less Bitcoin than they have gold, just because of the…
South Korea Declares Andong City as Blockchain-Free Trade Zone to Boost Medical Hemp Production
South Korea’s national government has declared Andong (located in the Gyeongbuk province) as a “regulation-free” zone for blockchain development. The city is now a local free trade zone in which blockchain technology would be used for medical-grade hemp (cannabis) management and production. Blockchain Helps South Korea Meet Production Goals Lee Chul-woo, the Governor of Gyeongbuk province, said that the Andong region has become a “special free zone” to allow the industrial-grade production of hemp products. The creation of such a free zone is regarded as a significant development in boosting…