Day: November 16, 2020

BITCOIN AND ETHEREUM BROKE OUT!!!! CHAINLINK FORMING AN INTERESTING PATTERN!!!

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin and Ethereum broke out above the resistance. Can we find any signs in the chart to confirm this breakout or are we seeing some warning signals ? Chainlink is forming an interesting pattern as well. In todays video I will show you the exact levels that I’m watching in the Bitcoin, Ethereum and Chainlink chart. ► Want to take the next step in your trading journey ? ► Become A Profitable Crypto Trader ► More Info : This trading course will…

Cheese Bank’s multi-million dollar hack explained by security firm

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An Ethereum-based decentralized finance, or DeFi, platform known as Cheese Bank recently suffered a $3.3 million loss — the product of an early-November hack. The thieves utilized a somewhat newly-found weakness in the DeFi sector which harnesses flashloans. The Cheese Bank thieves stole the cheddar via U.S. dollar-pegged stablecoins USD Coin (USDC), Tether (USDT) and Dai (DAI). A number of other platforms have also suffered similar fates in recent days. “In the string of attacks, we have seen malicious actors use flash loans to instantaneously borrow, swap, deposit and again…

How Bitcoin Could React To Promising Moderna Vaccine

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This morning, news broke that Cambridge, Massachusetts-based biotech firm Moderna, had reached 94.5% efficiency in preventing the onset of COVID with their in-the-works vaccine. Bitcoin responded with a rally, but the last time around when Pfizer revealed their success rate, the cryptocurrency plummeted by over $1,000. With the likelihood of an effective vaccine growing, and uncertainty surrounding the pandemic and its impact on the economy beginning to fade, how might this impact Bitcoin’s recent bullishness? Bitcoin Rallies On Moderna Vaccine News, Plummets On Pfizer Bitcoin price action has been unstoppable…

Bitcoin at $318,000? Citibank Exec Says It’s Possible

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Breaking down a recent Citibank report that has Bitcoin Twitter salivating and skeptical at the same time. That’s the prediction of one Citibank exec in a report called “Bitcoin: 21st Century Gold” sent last week to institutional clients. In this episode, NLW breaks down the report, including the macro justification that sets the stage as well as the technical analysis that led to these numbers. Ultimately, he argues that what matters isn’t the report’s predictions, but the fact that its very existence suggests a shifting narrative for institutional buyers. Original

My TOP CRYPTO Holdings for 2021 – Can I Become a Millionaire?

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Price analysis 11/16: BTC, ETH, XRP, LINK, BCH, LTC, BNB, DOT, ADA, BSV

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Bitcoin has resumed its journey toward a new all-time high, and the renewed bullish momentum is pulling altcoin prices higher. As Bitcoin (BTC) continues to rally to a new 2020 high above $16,700, traders are pondering whether this is the start of a new bull market.  Mike McGlone, senior commodities strategist at Bloomberg Intelligence, believes that the main hurdle is at the all-time high near $20,000. Once that is crossed, Bitcoin could reach a $1 trillion market capitalization. McGlone anticipates the uptrend to continue in 2021, and there are a…

Value DeFi protocol hacker flooded with sob stories after returning $95K Dai

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On Nov. 14, an unknown party exploited flash loans via the decentralized finance protocol Value DeFi to the tune of $5.4 million. A number of individuals have received a portion of their stolen funds back, however, after pleading with the hacker using input data on the Ethereum blockchain. According to data from Etherscan, the hacker sent $95,000 in Dai back to two of the victims who posted messages accessible in the Ethereum block explorer’s input data on Sunday. “I lost $100,000 in your attack,” said one victim who claimed to…

IBM targets sustainable fashion with latest blockchain partnership

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IBM’s foray into the blockchain ecosystem is deepening with a new partnership to track supply chains in the textile and fashion industries.  The Armonk-based tech giant announced Monday that it’s teaming up with German textile manufacturer KAYA&KATO to develop a blockchain network that tracks the origin of fabrics used in the fashion industry. The new application will allow KAYA&KATO’s suppliers and customers to identify where their fabrics are processed, as well as understand each step of the production and distribution processes. IBM said: “The network is designed to create transparency about…

Senator-Elect Touts Bitcoin as a “Store of Value” in Good Morning America

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Cynthia Lummis, the Senator-elect for the state of Wyoming, spoke in public about her support for Bitcoin as an “important player in stores of value” in an interview last Friday at Good Morning America. In addition, she also supported the relevance of Bitcoin as an alternative form of financial investment. Lummis as one of the Early Investors in Bitcoin According to some reports, Lummis made her first investment in crypto when she bought Bitcoin back when it was still hovering at around $300. She stated: “I bought my first bitcoin…

Ivozon New Free Bitcoin Cloud Mining Site 2020 | Without Investment | Status Paying✓✓

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