Day: July 28, 2020

Bitcoin Price Managed to Rally Over $11,300, Reaching Its Year’s High

boss

Within the last hour Bitcoin (BTC) price pushed through the $11,000 level in a high volume surge which saw the price reach a new 2020 high at $11,394. At the time of publishing the price has pulled back slightly to the $10,800 range. The price of Bitcoin (BTC) managed to rally to $11,394 on the Coinbase crypto exchange, officially breaching $11,000 psychological level for the first time this year. It has also pushed through a multi-year trend, that goes way back in 2017. Both investors and technical analysts are mostly…

The Graph Launches Mission Control — Incentivised Testnet Launched – Blockchain News, Opinion, TV and Jobs

boss

Blockchain startup The Graph has launched a new incentivised testnet called Mission Control — where indexers will operate nodes, compete in missions and contribute to improving The Graph Network. Wolfgang Albrecht, Co-Founder of Staking Facilities said: “There are heaps of crypto projects competing to do the same thing, and then there are those that are on the frontier, building novel protocols and occupying whitespace. The Graph Network is part of the latter, and we are thrilled to support the team in their mission of growing the decentralization movement through Web3.”…

Switzerland’s FiCAS Pioneers the World’s First Actively Managed Cryptocurrency Exchange Traded Product (ETP) – Blockchain News, Opinion, TV and Jobs

boss

FiCAS AG, a Swiss-based crypto investment management boutique, has successfully registered the Bitcoin Capital Active ETP (BTCA; ISIN CH0548689600) – the world’s first actively managed crypto exchange-traded product, listed at SIX. The discretionary ETP, issued by Bitcoin Capital AG, will be managed by FiCAS AG, which trades the top 15 cryptocurrencies and aims to deliver enhanced returns for clients. The Bitcoin Capital Active ETP is issued at CHF 100. Dr. Mattia Rattaggi, Chairman of the FiCAS Board, said: “Amid the current market environment of historically low-interest rates and global equity market…

Synthetix SNX Token Now Listed on OKEx

boss

Synthetix, the derivatives liquidity protocol for issuance and trading of synthetic assets now has its SNX token listed on OKEx – a leading global crypto spot and derivatives exchange. SNX token deposits as well as spot trading against BTC and USDT went live on July 24, 2020, followed by the activation of token withdrawals on July 24, 9:00 AM UTC. Launched in 2018, the Synthetix protocol allows users to trade a range of real-world financial instruments including cryptocurrencies, stocks, forex, precious metals, etc., over the blockchain as synthetic assets using…

Bitcoin’s (BTC) Renewed Dominance Puts a Dent on Altseason

boss

In brief: What looked like a sure altseason, has been slowed down by Bitcoin pumping past $11k.  Bitcoin’s dominance in the crypto markets has experienced a massive rebound.  BTC’s push above $11K has stolen the show as it points to a Bitcoin bull market.  Bitcoin (BTC) has had an amazing ride that has caught many crypto traders off guard. The King of Crypto looked set to have a hard time breaking $10,000 only for BTC to zoom past this psychological price barrier with ease. Bitcoin’s journey up did not stop…

Barter Trade (BART) Token Pre-Sale 100% Sold Out

boss

Barter Trade, the trading platform which provides the cryptocurrencies and other blockchain assets to all the users across the world, has successfully completed its pre-sale today. The Barter Trade has initially offered 48,000,000 BART in the Pre-sale successfully raising $750,000. The average BART buy per address is 71,535.02 as only around 671 addresses were able to take part in the pre-sale. Anurag Yadav, Barter Trade CEO, said: “We are truly humbled by the overwhelming support of our community. This has placed a huge responsibility on our shoulders. We will now…

BTC is Safe Haven Asset Amid Political Tension

boss

Nigel Green, the CEO and founder of financial consultancy firm deVere Group, says Bitcoin’s recent bullish activity shows it has the power to replace proven safe haven assets like gold. In a statement on the deVere Group’s website posted July 27, Green said Bitcoin (BTC) is currently living up to its namesake as “digital gold” while it and other cryptocurrencies are more likely to be seen as safe haven assets.  “Up to now, gold has been known as the ultimate safe-haven asset, but Bitcoin — which shares its key characteristics…

Developers Release Validator Launchpad for Ethereum 2.0 Final Testnet

boss

With the Ethereum 2.0 final testnet set to be released on August 4, developers have now opened the doors to validators. According to a July 27 Ethereum blog, the research team behind ETH 2.0 has announced the release of the validator launchpad for the multi-client testnet Medalla. The launchpad is part of the testnet launch stage, prior to Phase 0, in which the network will move towards Proof-of-Stake (PoS).  “We’re releasing it now so that you can keep track of, and make deposits into, the upcoming Medalla multi-client testnet,” the…

Hackers Transfer $28 Million Worth of Bitcoin from 2016 Bitfinex Breach

boss

Around 2,500 stolen bitcoins ($28 million) from the 2016 Bitfinex breach were transferred from the hacker’s wallet on Monday. The last time the Bitfinex hackers moved funds from the hack four years ago, they moved around $5 million worth of coins on June 24. This time around, the top crypto asset by market capitalization touched new price highs for 2020 on July 27. At 6:15 p.m. (ET) on Monday, bitcoin (BTC) reached $11,379 per coin on Bitfinex. The hackers moved the $28 million worth of BTC in various fractions six…

Bitcoin Soars 12% & Smashes Crucial Resistance: Bulls Aim $12K

boss

Bitcoin rallied over 10% and it broke the key $10,500 resistance against the US Dollar. BTC is now trading nicely above $11,000 and it seems like the bulls are aiming a test of $12,000. Bitcoin extended its rally above the $10,000 and $10,500 resistance levels. The price traded to a new monthly high at $11,422 and it is currently consolidating gains. There is a major bullish trend line forming with support near $10,8s00 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to…