Day: December 11, 2020

Chainlink Posts “First Death Cross” Seen Since 2018 Against Bitcoin Pair

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Chainlink has seen some mixed price action as of late, with bulls unable to gain a decisive edge over bears as the entire market turns lower. LINK isn’t the only cryptocurrency that has been struggling to gain any bull-favoring momentum, as most other cryptocurrencies have also seen some intense selling pressure that has slowed their growth and erased some of their recent gains. For instance, Bitcoin is currently stuck below $18,000 as sellers try to revert its trend into their favor. They have yet to do this successfully, and it…

D.FINE 2020: Blockchain & Social Impact 온라인 생중계 | 디센터

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io D.FINE 2020은 블록체인 산업, 디지털 금융·자산, 핀테크, 정책·규제 등 관련 산업 전반을 다루는 글로벌 컨퍼런스입니다. 국내외 전문가의 강연과 토론을 디센터가 생중계합니다. [D.FINE 2020] 11/17 14:00~18:00 11/18 10:00~18:00 (상세정보) www.onoffmix.com/event/226970 🚩블록체인의 모든것, 디센터 구독하기 (홈페이지) (텔레그램) (페이스북) 📢 디센터 뉴스레터 신청 : ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Law Decoded: The war of the wallets, 12/4–12/11

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Determining the future of who can and cannot custody crypto and how much you need to know about them remains a central topic of discussion. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note Last week’s Law Decoded sounded the alarm on threats to self-custodial wallets in the U.S. in particular. While such concerns have continued to take shape, nothing concrete has emerged from the U.S. Treasury, which was at the heart of last week’s conversation. Though I…

SEC lands $700K victory in another ICO court case

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After years of legal action from United States governing bodies, Blockvest, a 2018 initial coin offering, or ICO, has received its final orders.  “The SEC, as a government agency, seeks a permanent injunction, disgorgement of funds received from Defendants’ illegal conduct, and civil penalties,” said a court document filed on Thursday. The court case takes aim at both Blockvest, and its founder, Reginald Buddy Ringgold III, also known as Rasool Abdul Rahim El. The Securities and Exchange Commission put the brakes on Blockvest in October 2018. The following two years saw…

‘Smartest people in the room buying the Bitcoin quietly’

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Throughout 2020, more than a handful of traditional financial giants have picked up stacks of Bitcoin (BTC), including the likes of billionaire Paul Tudor Jones and business intelligence firm MicroStrategy. These investments are part of a flow of big money entrances into BTC, Gemini crypto exchange co-founders Tyler and Cameron Winklevoss recently said.  “This is the most sophisticated investors, the smartest people in the room, buying the Bitcoin quietly, so it’s not a FOMO [fear of missing out] thing,” Tyler said in a CNBC interview, published on Friday. Major institutions…

RIPPLE XRP PayString and ETHEREUM ETH 2.0 BREAKING NEWS!!!

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Market Wrap: Bitcoin Holding at $18K; Active Ethereum Addresses up 140% in 2020

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Bitcoin is struggling to make gains as an expected low-volume weekend could push price further down. Meanwhile, the increasing number of active Ethereum addresses this year is a testament to the network’s growth. Bitcoin (BTC) trading around $18,019 as of 21:00 UTC (4 p.m. ET). Slipping 2% over the previous 24 hours. Bitcoin’s 24-hour range: $17,593-$18,404 (CoinDesk 20) BTC slightly above its 10-hour moving average but below the 50-hour on the hourly chart, a sideways signal for market technicians. Bitcoin trading on Bitstamp since Dec. 8.Source: TradingView The price of…

Shawarma connoisseurs serve up perfect recipe for Bitcoin adoption

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A Canadian restaurant chain known for serving shawarma, hummus, and other Middle Eastern delicacies has dropped some serious truth bombs about why Bitcoin (BTC) is a better store of value than gold. In a series of tweets, Ontario-based Tahini’s Restaurants explained why Bitcoin — and not gold — is the best way to preserve one’s wealth. “We looked our financial advisor in the eye and told him gold will turn into a scam because of bitcoin,” Tahini’s tweeted, before explaining why “gold’s years are numbered.” Contrary to what gold bugs…

Waves’ pivot toward DeFi, staking and interoperability triggers 107% rally

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The first half of 2020 was pretty tumultous for Waves (WAVES), as the altcoin underperformed Ether (ETH) price by 36%.  Waves (WAVES) in ETH terms. Source: Digital Assets Data While it was once a top-20 cryptocurrency for a brief period back in Dec. 2018, the proof-of-stake project created by the Russian physicist Alexander Ivanov in 2016 seemed to have lost its traction. The platform’s success was initially based on its mobile application designed to streamline the user experience of decentralized applications (dApps) usage. Waves blockchain combines on-chain governance with blockchain-based…

Sell the News? XRP Addresses Grow Significantly Leading Up to Spark Airdrop

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XRP has seen some wild price action over the past few weeks, with the token’s recent break above its multi-year trading range between $0.21 and $0.30 sending it on a parabolic uptrend that eventually let it as high as $0.90 on Coinbase and some other exchanges. It lost its momentum here, however, and has since erased a good chunk of these gains as its price drifts towards $0.50. Where it trends in the near-term will undoubtedly depend at least partially on whether or not bulls can continue defending this price…