Day: March 9, 2021

Blockchain.com Crypto Market Outlook – January 2021

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Blockchain.com monthly discussion about the crypto markets – including key drivers, asset price movement, and the outlook for 2021 – with special guest Charlie McGarraugh, Blockchain.com’s CSO and Head of Markets. LINKS 1. Presentation deck: 2. Crypto-Wall St Convergence: 3. Battle Testing Bitcoin: 4. The World’s Hardest Asset is Ironically Virtual: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

British Digital Bank Starling Raises $376M in Investment Round Led by Fidelity

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Starling revealed its plans for using the raised funds. The digital bank plan to expand its business into Europe. UK-based digital bank Starling has raised $376 million in a recently-concluded investment round led by financial services company Fidelity Investments. Now, the new cash investment has pushed Starling’s valuation to $1.5 billion. According to a CNBC report, Starling is now lifted into the ranks of Europe’s unicorn companies with its new valuation, fueled by the fresh cash injection. Starling Bank Supported by Fidelity Investments Apart from Fidelity Investments, the other investors in the investment…

Korean crypto exchange Bithumb toughens up its Anti-Money Laundering measures

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South Korean cryptocurrency exchange Bithumb is toughening its approach to Anti-Money Laundering enforcement with a series of new measures that include trading restrictions, stronger Know Your Customer checks, and specialized blockchain intelligence solutions. The popular exchange, which has an estimated average of 1 million daily users and a daily transaction volume worth 5–7 billion ($4.4–6.2 million), had a troubled 2020 beset by police investigations over allegations of fraud.   After a series of reported negotiations with various firms for a potential acquisition, major gaming conglomerate Nexon denied it was planning to acquire…

Coinbase reportedly hits pre-IPO valuation of $100 billion in private auction

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Prominent Bitcoin (BTC) and cryptocurrency exchange Coinbase could be headed for an IPO valuation of $100 billion, after shares reportedly sold for up to $375 each in a private auction. Shares in Coinbase Global Inc. reportedly traded for a price between $350 and $375 per unit on the Nasdaq private auction market last week, giving the company a pre-IPO valuation of between $90–$100 billion, according to a report by Bloomberg. Trading reportedly ended with the share price at $350. A Coinbase series E funding round in 2018 first saw the…

Cardano Price Prediction 2021 : ADA Crypto : Cryptocurrency News Today

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ADA Crypto. Cardano Price Predictions 2021. NEWS TODAY! Cardano announces they are working with the African Government on finalizing a contract that will bring 3.5 million users to the Cardano blockchain. #cardano #ada #crypto #cryptocurrency #news #trending -TIMESTAMP- 00:00 Cardano Price Predictions 2021 00:10 Cryptocurrency News Today Intro 01:01 Cardano Market Cap 01:24 How to Calculate Cryptocurrency Prices 02:00 Bitcoin vs Cardano 02:56 Ethereum vs Cardano 03:20 Cardano Price Predictions ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Furucombo to issue iouCOMBO tokens to repay victims of $15M exploit

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Decentralized finance transaction combination tool Furucombo will compensate the victims of a recent “evil contract” exploit that cost the protocol $15 million in stolen funds. Following an internal call with affected users last week, Furucombo released a compensation plan Tuesday, announcing that they will issue 5 million iouCOMBO tokens to the victims of the breach. Issued in the form of ERC-20 tokens, iouCOMBO tokens will represent the rights to claim Furucombo’s COMBO tokens in the recovery pool. Out of a total of 100 million COMBO tokens, 5 million coins have…

Bitcoin price cracks major resistance as analyst eyes $70K ‘destiny’

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Bitcoin (BTC) tackled pivotal $52,000 resistance overnight on March 9 to come within 6% of historical all-time highs. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview BTC price hits 2-week highs Data from Cointelegraph Markets and Tradingview showed BTC/USD hitting local highs of $54,500 on Tuesday. The latest attempt to break out of its sideways trading corridor, the move was still consolidating at the time of writing. Amid heavy volatility, a retracement on the day targeted $53,500 — still above crucial resistance. As Cointelegraph reported, analysts were eyeing $52,000 as a…

Crypto Bloody Monday – But we're ALIVE

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Latest Bitcoin, Ethereum, and Cryptocurrency news and trends. We take a look at the key events affecting the blockchain sector and review market movements. Combining both fundamental analysis and technical analysis to give you full coverage of the trading space. Find out the latest developments in DeFi and yield farming. 0:00 Introduction 2:54 Current dip vs 2018 4:59 Ethereum TA: Big giant red candle dip to $15.5k 8:19 Leverage trading tools: Powerful tools for trading 11:02 Market update: Bitcoin down 6% in…

Ripple (XRP) Forms Support Base, Why It Could Rally Above $0.50

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Ripple is consolidating above the key $0.4500 support zone against the US Dollar. XRP price is showing bullish signs and it may soon rally above the $0.5000 resistance. Ripple formed a support base above $0.4500 and recovered higher against the US dollar. The price is now trading well above the $0.4500 support and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $0.4630 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to continue higher…

Electric Cash – a new coin is coming to Mining City!

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Greg Rogowski, Mining City CEO, shares some exciting news with our community. Our trusted partner, Eyal Avramovich, has just announced plans to launch a new cryptocurrency called Electric Cash. Greg shares some info about Electric Cash and how it will fit into the Mining City portfolio. He also confirms the continued support for BTC and BTCV mining. Make sure to watch till the end to find out what exciting new await Mining City citizens. Stay tuned for more updates! Together we grow!…