Monday

Visa invests $150,000 in NFT CryptoPunk Asset

Source Node: https://cointelegraph.com/news/visa-invests-150-000-in-nft-cryptopunk-asset
Time Stamp: August 23, 2021 9:26 AM - Modified On: August 23, 2021 - Published By:
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Credit card giant Visa has made a substantial splash on its emergence into the nonfungible token (NFT) space with a $150,000 acquisition of a CryptoPunk, the collective of digital artworks that pioneered the mainstream culture of the space back in 2017.In a blog post announcement released on Monday, Cuy Sheffield, head of crypto at Visa and self-proclaimed NFT enthusiast, shared his views on the value of purchasing NFT assets in the digital economy, the vast growth of the market in the past few years, as well as Visa’s commercial incentives in this

Ted Cruz says crypto got ‘screwed’ after senate votes on infrastructure bill

Source Node: https://cryptoslate.com/ted-cruz-says-crypto-got-screwed-after-senate-votes-on-infrastructure-bill/
Time Stamp: August 10, 2021 1:00 PM - Modified On: August 10, 2021 - Published By:
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In an occurrence with effects yet to be fully determined, US democrats have objected to moves to make further amendments to the crypto tax provision in the infrastructure bill. Senator Cruz reflects on crypto bill provisionTed Cruz, the lawmaker representing Texas at the United States Senate, revealed this in a tweet on Monday. “Crypto got screwed tonight,”he wrote, noting that the disagreement over the issue of spending took a partisan dimension with Democrats voting against its change.🚨Crypto got screwed tonight.🚨There’s a partisan disagreement on spending, so Dems objected to ALL further amendments.That

5 Best Gaming Crypto Coins For High Returns July 2021 Week 4

Source Node: https://insidebitcoins.com/news/5-best-gaming-crypto-coins-for-high-returns-july-2021-week-4
Time Stamp: July 28, 2021 5:18 AM - Modified On: July 28, 2021 - Published By:
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The cryptocurrency market continues its steady recovery. Having dropped off a little yesterday, its total value has since risen by nearly 6% in 24 hours. The cap of the entire market now stands at $1.59 trillion, with bitcoin being the biggest gainer among major coins. However, gaming cryptocurrencies are also playing their part on the rise, with Splinterlands’ SPS token gaining by 230% in a single day. Accordingly, we’ve put together our pick of the 5 best gaming crypto coins for high returns. 5 Best Gaming Crypto Coins For High

Ripple Price Analysis: XRP rejects further upside above $0.62, prepares to move lower?

Source Node: https://www.cryptopolitan.com/ripple-price-analysis-2021-07-25/
Time Stamp: July 25, 2021 8:19 AM - Modified On: July 25, 2021 - Published By:
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TL;DR Breakdown XRP continued to move higher yesterday.Consolidation around $0.61 was established overnight.XRP/USD prepares for further downside. Ripple price analysis indicates bearish momentum to follow next week as further upside was heavily rejected overnight. Therefore, we expect XRP/USD to start declining over the next 24 hours to reach the $0.52 previous low next week. Cryptocurrency heat map. Source: Coin360 The cryptocurrency market traded with a slight bullish momentum over the last 24 hours. Bitcoin increased by 1.77 percent, while Ethereum around 0.35 percent.  Ripple price movement in the last 24

Ethereum Developers Claim 2.0 Launch Went ‘Smooth’ Despite Validator Slashings

Source Node: https://beincrypto.com/ethereum-developers-claim-2-0-launch-went-smooth-despite-validator-slashings/
Time Stamp: December 14, 2020 3:16 AM - Modified On: May 21, 2021 - Published By:
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The latest update from the team working on Phase 0 of the ETH 2.0 upgrade has praised the smooth launch of the new blockchain which was only marred by a number of validators getting ‘slashed.’ It has now been two weeks since Beacon Chain went live heralding in a new era for Ethereum as the Serenity upgrade gets underway. The launch has been a rather eventless affair, which is good news as confirmed by ConsenSys developer Ben Edgington in his latest ETH 2.0 update. “It’s been a wonderfully dull eleven

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:
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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

Analysts Are Watching This Level After Bitcoin Price Plunged Under $12,000

Source Node: https://bitcoinist.com/watching-level-bitcoin-price-plunged-12000/?utm_source=rss&utm_medium=rss&utm_campaign=watching-level-bitcoin-price-plunged-12000
Time Stamp: August 18, 2020 9:00 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin seriously broke higher on Monday, breaking above $12,400 for the first time since 2019. The asset has since suffered a strong correction to $11,900, where it trades as of this article’s writing. BTC’s drop comes after the value of gold and the S&P 500 plunged after a strong start to the Tuesday trading session. Bitcoin remains above a pivotal support level, though, that analysts say the asset must hold to remain in a bullish state. BTC is now trading below the pivotal $12,000 level. That level held as resistance

Ham to Improve on Yam With Latest DeFi Experiment

Source Node: https://beincrypto.com/ham-to-improve-on-yam-with-latest-defi-experiment/
Time Stamp: August 18, 2020 1:13 PM - Modified On: May 21, 2021 - Published By:
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The Yam yield farming frenzy that took DeFi by storm last week highlighted a number of elements that could have been improved with the launch. A new offering called Ham aims to right the wrongs and improve on Yam with a truly community-driven project. There were several flaws with the Yam launch, but the ultimate reason was that it had to be rescued by whales. This pretty much negates any progress made on the path to becoming a truly democratic and community-governed monetary system. A migration plan proposed late last

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:
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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

Weekly Bitcoin and Cryptocurrency Market Analysis

Source Node: https://bitcoinist.com/weekly-bitcoin-and-crypto-market-analysis/?utm_source=rss&utm_medium=rss&utm_campaign=weekly-bitcoin-and-crypto-market-analysis
Time Stamp: August 18, 2020 4:28 AM - Modified On: May 21, 2021 - Published By:
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Simon Peters, market analyst: Bitcoin Teases Us At $12,000  Suffice it to say, it was a busy week, with mixed performance in equity markets and odd – but not unpromising – movements for bitcoin. The FTSE All-Share index and the STOXX600 both recorded steady rises, while the S&P500, which started the week at 3,352, took a turn for the worse on Wednesday. After its drop to 3,335, it has since recovered to 3,372. Bitcoin broke through $12,000 on Monday, only to suffer a significant fall to $11,275 by Wednesday morning.