Day: September 28, 2020

Bitcoin News Roundup for Sept. 28, 2020

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With bitcoin’s record-breaking run above $10,000 and Twitter talking blockchain strategy, CoinDesk’s Markets Daily is back for your latest crypto news roundup! Bitcoin is often criticized for being over volatile, but it’s been a sea of calm compared with Tesla stock in recent months. Bitcoin has closed above $10,000 since July 27. After passing $2 billion in locked assets, there’s now more value in Uniswap than there was in the entire DeFi space on July 9.  Jack Dorsey said the nonprofit Blue Sky will use blockchain to create an open…

Blockchain Bites: DeFi Meets NFTs, TSLA Beats Bitcoin in Volatility, Uniswap Breaks $2B

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Bitcoin is moving off exchanges, has been less volatile than TLSA and broke its record for longest streak trading above five figures.  Also: Bitwise’s bitcoin fund has more than doubled in size, KuCoin was hacked and Jack Dorsey dropped a few more hints about his decentralized social media standard, Blue Sky.  Top shelf Accredited investor interestBitwise’s bitcoin fund has brought in $8.9 million, the single-largest increase in assets raised in the fund’s two-year history, according to a recently amended filing with the Securities and Exchange Commission (SEC). The firm’s Bitcoin Fund provides…

Deshaun Watson Needs the Houston Texans to Sign Antonio Brown

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The Houston Texans have one of the best young quarterbacks in the NFL in Deshaun Watson. But without a legitimate No. 1 wide receiver, they will struggle to get the most out of him. At this time of the year, barring some ridiculous trade, they are only going to get via free agency—and the options are limited. When the Houston Texans decided to commit to Deshaun Watson with a four-year, $156 million contract, they essentially put all of their cards on the table. They said, “This is our guy. We…

Bitcoin price sets record for most days above $10,000

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Bitcoin (BTC) has hit a new price record — but this time, it’s stamina which is delighting the bulls. As various analysts and well-known Bitcoiners noted this week, the Bitcoin price has stayed above $10,000 longer than ever in history. Pomp: Bitcoin “proving bearishness wrong” In what Morgan Creek Digital co-founder Anthony Pompliano suggested is a knock to bears, BTC/USD has now closed above $10,000 every day for 63 days. This represents a longer chain of daily closes than ever before, and Pompliano, also known as Pomp, claims that it…

European central bank execs are wrong — Intentionally or unknowingly?

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Recently, European central bank executives — Thomas Moser from Swiss National Bank and Martin Diehl from Deutsche Bundesbank — stated that central bank digital currencies don’t need a blockchain. They expressed their opinions by saying that blockchains — especially public, or permissionless — make no sense for central bank digital currencies. The reason is that central banks are central parties; therefore, a blockchain, being a decentralized ledger, is not applicable. It is a pity, but the clerks seem to be unknowingly (or intentionally, who knows?) wrong in their conclusions to…

Meghan Markle & Prince Harry Reject Reality TV Lies

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Meghan Markle & Prince Harry were rumored to be making a reality show for Netflix. Naturally, this immediately caused Prince William & Duchess Kate loyalists to pounce on the rumors & say, once again, that this proved Markle’s social-climbing & gold-digging ways. But the couple confirmed that the reality show rumor is garbage — so what’s the British press trying to distract us from now? Meghan Markle & Prince Harry are not making a reality show for Netflix. In a statement released just minutes after the rumors about their reality show were…

Cosmos Jumps 38%–Textbook Indicator Points to 70% Price Rally

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Cosmos’s native token ATOM has surged more than 38 percent in the last five days, validating a textbook technical indicator that now predicts additional 70 percent gains for the cryptocurrency. ATOMUSD breaks out of its Falling Wedge pattern. Source: TradingView.com ATOMUSD breaks out of its Falling Wedge pattern. Source: TradingView.com As shown in the chart below, ATOM/USD was trading inside a Falling Wedge pattern, confirmed by its price fluctuating downwards between two converging trendlines. On September 24, the pair rebounded from the pattern’s lower trendline to close above the upper…

Grayscale Investments Increases Bitcoin Stash by 17,000 BTC

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17,000 BTC is equivalent to $182 million based on the current price of Bitcoin, which is now still below $11,000. Since Grayscale Investments established its Bitcoin Trust in 2013, the company has systematically increased its holdings of the digital currency. In the past 7 days, the Grayscale Bitcoin Trust acquired another 17,000 BTC which was added to the company’s assets under management (AUM). This brings the firms total bitcoin holdings to 45,000. This is equivalent to $4.7 billion by today’s market value. According to a recent report by bybt.com, the…

EY Boosts Its Blockchain Analyzer Tool with Explorer and Visualizer

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Ernst & Young’s blockchain analyzer with its inbuilt Explorer & Visualizer solutions makes it possible for internal audit teams and accountants to search for specific transactions, addresses, and blocks to gather relevant information. Major professional services network Ernst & Young (EY) has released a new solution to its blockchain analyzer product suite. Per the official announcement, EY existing blockchain analyzer now has an inbuilt Explorer & Visualizer solution, and helps facilitates the analysis of blockchain activities such as cryptocurrency transactions. According to Ernst & Young, the blockchain analyzer with its…