Cointelegraph

Titan launches actively managed crypto portfolio for US investors

Source Node: https://cointelegraph.com/news/titan-launches-actively-managed-crypto-portfolio-for-us-investors
Time Stamp: August 11, 2021 12:30 PM - Modified On: August 11, 2021 - Published By:
Source Cluster:
Republished By Plato

United States investment adviser Titan has officially launched its new cryptocurrency offering targeting U.S. investors, giving market participants additional avenues for accessing digital assets like Bitcoin (BTC) and Ether (ETH).The new product, dubbed Titan Crypto, seeks to invest in a concentrated basket of leading cryptocurrencies that can outperform over the long term, the company announced Wednesday. The portfolio will be actively managed by Titan’s dedicated crypto team and will be available to U.S. residents who reside outside of New York state.In July, Titan concluded a $58 million Series B financing

Poly Network hacker returns less than 1% of the $600M theft

Source Node: https://cointelegraph.com/news/poly-network-hacker-returns-less-than-1-of-the-600m-theft
Time Stamp: August 11, 2021 12:07 PM - Modified On: August 11, 2021 - Published By:
Source Cluster:
Republished By Plato

These transfers have occurred across the three wallets associated with the Poly Network hacker across the Ethereum, Binance Smart Chain (BSC) and Polygon networks. Poly Network confirmed receipt of the returned funds via a tweet issued on Tuesday.Details from Etherscan show that $2 million worth of Shiba Inu (SHIB) and $616,000 in Fei USD (FEI) tokens are being returned.So far, we have received a total value of $4,772,297.675 assets returned by the hacker.ETH address: $2,654,946.051BSC address: $1,107,870.815Polygon address: $1,009,480.809 pic.twitter.com/bPFAQk4mvS— Poly Network (@PolyNetwork2) August 11, 2021Data from BscScan also shows the

US dollar downturn aids Bitcoin bulls before $50K BTC price showdown

Source Node: https://cointelegraph.com/news/us-dollar-downturn-aids-bitcoin-bulls-before-50k-btc-price-showdown
Time Stamp: August 11, 2021 12:00 PM - Modified On: August 11, 2021 - Published By:
Source Cluster:
Republished By Plato

Bitcoin (BTC) challenged $46,800 on Aug. 11 as a weakening U.S. dollar added to bullish momentum.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Aiming for $50,000"?Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting highs of $46,787 on Bitstamp Wednesday, a hair short of the previous day's peak.Fresh from voting day on the U.S. infrastructure bill, something which ultimately failed to move the market, Bitcoin showed no signs of bearishness as it returned to the door of major resistance beginning at $47,000.USD performance post bill on the day provided another potential catalyst

XRP price chart ‘double bottom’ puts next bullish target at $1

Source Node: https://cointelegraph.com/news/xrp-price-chart-double-bottom-puts-next-bullish-target-at-1
Time Stamp: August 11, 2021 11:00 AM - Modified On: August 11, 2021 - Published By:
Source Cluster:
Republished By Plato

Ripple's XRP token could hit $1 in the coming days, according to a classic technical chart setup.Dubbed a "double bottom," the trend reversal indicator appears after the price bottoms out at a level, rebounds toward a higher resistance level, and then pulls back to or near the first bottom level — only to rebound again to the previous resistance line (also called the "neckline").Should the price close above the neckline, an extended move upward is anticipated, the length of which equals the total height between the neckline and the bottom level. It

Bitcoin Technicals: Why BTC price breaking $48K resistance is the key to new all-time highs

Source Node: https://cointelegraph.com/news/bitcoin-technicals-why-btc-price-breaking-48k-resistance-is-the-key-to-new-all-time-highs
Time Stamp: August 11, 2021 10:36 AM - Modified On: August 11, 2021 - Published By:
Source Cluster:
Republished By Plato

Bitcoin (BTC) and the crypto market have been accelerating heavily in recent weeks, as Bitcoin has surged by 60% from the July lows, while Ether (ETH) has been showing strength with a 90% rally as altcoins have been seeing massive gains across the board.The sentiment has flipped heavily as well. Three weeks ago, the majority of the people were discussing a potential breakdown to $20,000, including the effects of a death cross. But now, a golden cross could happen on Bitcoin with a potential breakout above $48K certainly on the

AirBit Club Ponzi Operators Charged With Fraud and Money Laundering

Source Node: https://cointelegraph.com/news/airbit-club-ponzi-operators-charged-with-fraud-and-money-laundering
Time Stamp: August 19, 2020 5:07 AM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

The operators of a global cryptocurrency-based Ponzi scheme have been charged with fraud and money laundering following a United States Homeland Security Investigations probe.According to an announcement from the U.S. Department of Justice, four of the five alleged operators of AirBit Club, which allegedly netted tens of millions of dollars from victims, were arrested and due to appear in court on Aug. 18, while the fifth was arrested in Panama and is awaiting extradition to the U.S.The scheme was launched in late 2015 and sold as a multi-level marketing club in

98% of All Bitcoin Is Now Worth More Than When You Bought It

Source Node: https://cointelegraph.com/news/98-of-all-bitcoin-is-now-worth-more-than-when-you-bought-it
Time Stamp: August 19, 2020 4:55 AM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Bitcoin (BTC) has delivered gains to its holders on almost 98% of all days since 2013, new data confirms. According to a dedicated social media-based monitoring resource which tracks profitability, buying Bitcoin has made its holder richer on 97.6% of days.BTC profitability “characteristic of bull runs”Put another way, as on-chain analytics service Glassnode noted in its The Week On-Chain weekly report on Monday, 97.6% of Bitcoin unspent transaction outputs (UTXOs) are in profit.This means that only 2.4% of UTXOs were created — as part of a transaction between wallets — when

Key Timing for Adoption? Crypto Goes Mainstream With TV, Newspaper Ads

Source Node: https://cointelegraph.com/news/key-timing-for-adoption-crypto-goes-mainstream-with-tv-newspaper-ads
Time Stamp: August 18, 2020 12:46 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Amid turbulent times for the world at large, the cryptocurrency space seems to be cruising on its own steam in 2020. The coronavirus pandemic has put a major strain on economies around the world, and countries such as the United States have seen their central banks resort to extended quantitative easing in order to stimulate their financial ecosystems.Some analysts believe that this continual fiscal stimulus is part of the reason that the cryptocurrency market is enjoying relative success compared with its traditional financial counterparts.The likes of Anthony Pompliano, co-founder of

Bitcoin and Gold Short-Lived Correlation Not a Sign of Comparability

Source Node: https://cointelegraph.com/news/bitcoin-and-gold-short-lived-correlation-not-a-sign-of-comparability
Time Stamp: August 18, 2020 10:30 AM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

The Bitcoin (BTC) and gold one-month correlation reached a record high of 68% as Bitcoin hit $12,000 early in August, but the correlation crashed by 20% the following week. Despite this, Bitcoin looks set to become digital gold in 2020 considering the price correlations and trends in the futures market.Both gold and Bitcoin are having a phenomenal year in terms of year-to-date returns. According to Skew Analytics, gold has a 27.93% YTD return, while Bitcoin has racked up a 71.68% YTD yield. Although Bitcoin sees much higher volatility than gold,

Bitcoin Bull Market ‘Confirmed’ Says PlanB as RSI Repeats 2016 Halving

Source Node: https://cointelegraph.com/news/bitcoin-bull-market-confirmed-says-planb-as-rsi-repeats-2016-halving
Time Stamp: August 18, 2020 10:24 AM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

The creator of arguably the most famous Bitcoin (BTC) price forecasting tool has declared that the largest cryptocurrency is in a bull market.In a tweet on Aug. 18, quant analyst PlanB, creator of the Stock-to-Flow series of Bitcoin price models, said that with a relative strength index (RSI) of 64, the bull market was “confirmed.”PlanB: BTC “looking strong”RSI is used to determine whether Bitcoin is overbought — or oversold — at a specific price point.Current behavior mimics that of previous halving cycles, with 2012 and 2016 both seeing solid RSI

Staking for Waves’ Neutrino Dollars Comes to the Ethereum Network

Source Node: https://cointelegraph.com/news/staking-for-waves-neutrino-dollars-comes-to-the-ethereum-network
Time Stamp: August 18, 2020 9:00 AM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

The Neutrino protocol, a price-stable multi-asset protocol running on major blockchain platform Waves, is introducing the Neutrino dollar (USDN) on Ethereum.The Neutrino dollar, an algorithmic stablecoin collateralized by the Waves (WAVES) native token, is now available for all Ethereum users as the token has been ported to the Ethereum blockchain, Waves announced on Aug. 18.With the porting, Neutrino USD becomes accessible on Ethereum, enabling Ethereum users to stake rewards by just holding USDN in their Ethereum wallets, Waves CEO and founder Alexander Ivanov told Cointelegraph. The new integration also allows

Bitcoin Price Hits 13-Month High of $12,200, Liquidating $22M Shorts

Source Node: https://cointelegraph.com/news/bitcoin-price-hits-13-month-high-of-12-200-liquidating-22m-shorts
Time Stamp: August 17, 2020 9:49 AM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Bitcoin (BTC) triggered $24 million of liquidations on BitMEX alone Aug. 17 as a fresh move saw markets reclaim $12,000.Cryptocurrency market daily snapshot, Aug. 17. Source: Coin360BTC price “clear fake-out” costs shorters bigData from Cointelegraph Markets and Coin360 showed BTC/USD hitting $12,200 briefly on Monday.A subsequent correction managed to erase the gains and more, bouncing at $11,785 to recross the $12,000 mark — all within a matter of minutes.At press time, Bitcoin circled $12,080, equating to 24-hour gains of 2.5% and the highest price for over a year.BTC/USD 24-hour chart.