returns

Bitcoin Price Seals Best Weekly Close in 2.5 Years: 5 Things to Know

Source Node: https://cointelegraph.com/news/bitcoin-price-seals-best-weekly-close-in-25-years-5-things-to-know
Time Stamp: August 10, 2020 5:18 AM - Modified On: May 21, 2021 - Published By:
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Bitcoin (BTC) greets another week with a push to $12,000 and its highest weekly close since after it hit $20,000 — will it return?Cointelegraph takes a look at five things that stand to impact BTC price performance in the coming five days.BTC: A two-and-half-year record weekly closeBitcoin hitting $12,000 again early Monday was more than just a boon for traders — in doing so, BTC/USD sealed its highest close on weekly time frames since January 2018.This means that no single week of price action ended at such high levels since,

Ampleforth Down 66% — Welcome to Rebasing

Source Node: https://beincrypto.com/ampleforth-down-66-welcome-to-rebasing/
Time Stamp: August 9, 2020 9:55 AM - Modified On: May 21, 2021 - Published By:
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The elastic supply token Ampleforth (AMPL) has lost two-thirds of its market cap in a matter of days. The atypical characteristics of the token attracted many investors that jumped in. After a dramatic surge in price and market cap, the tables have turned and Ampleforth has entered a corrective phase. The token is understood by many as just an experiment, and it may impact the way future tokens are created. AMPL: The Ultimate Digital Money? Ampleforth is not your typical cryptocurrency. It’s quite a complex token with some revolutionary ideas,

Top 5 Slots That Will Make You Feel Wild

Source Node: https://bitcoinchaser.com/slots-that-will-make-you-feel-wild/
Time Stamp: August 9, 2020 9:50 AM - Modified On: May 21, 2021 - Published By:
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It doesn’t take much for a slot to excite a gambler. All it needs is a fun theme and rewarding returns, but we have taken it one step further and brought you the top 5 slots that will make you feel wild! With added features and exhilarating free spins, the slots on offer will have you stacking up the returns! Let’s not waste any more time, lets get WILD!Let’s Get WildPowered by some legendary providers and supported by two of the most lucrative online gambling experiences, the slots you will

California Attorney General’s Office Issues Crypto Scam Warning

Source Node: https://beincrypto.com/california-attorneys-office-issues-crypto-scam-warning/
Time Stamp: August 7, 2020 4:32 PM - Modified On: May 21, 2021 - Published By:
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Xavier Becerra, Attorney General (AG) for the State of California, released a warning for investors and consumers on Friday, highlighting the rise in digital asset scams. The warning provides guidance and caution, given the substantial number and variety of scams that have plagued the cryptocurrency market. The apparent impetus for the announcement may be linked to the most recent scam perpetrated by hackers on Twitter. Several high-profile accounts were breached, promising double returns on whatever was sent. However, the scam was just another in a long line of hoaxes. Per

Why Toppling Silver and Gold Prices Could Be Especially Bad for Bitcoin

Source Node: https://bitcoinist.com/why-toppling-silver-and-gold-prices-could-be-especially-bad-bitcoin/?utm_source=rss&utm_medium=rss&utm_campaign=why-toppling-silver-and-gold-prices-could-be-especially-bad-bitcoin
Time Stamp: August 7, 2020 11:09 AM - Modified On: May 21, 2021 - Published By:
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In March 2020, the stock market dragged cryptocurrencies down to their Black Thursday bottom. Since then, however, soaring gold and silver prices have helped restore interest in Bitcoin and altcoins. These hard, digitally scarce assets are expected to perform similarly to precious metals due to similar supply attributes. Still, it also could cause a disastrous crash in crypto as a result. Silver and Gold Rally Ready For Pullback And Dollar Stages Overdue Recovery The dollar has been in steady decline, with top financial market analysts from the likes of Goldman

InstaDapp Guide: Bridge to All DeFi Platforms

Source Node: https://www.asiacryptotoday.com/instadapp-guide-bridge-to-all-defi-platforms/
Time Stamp: August 5, 2020 11:21 PM - Modified On: May 21, 2021 - Published By:
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One of the drawbacks of decentralized finance (DeFi) protocols today is that you need different platforms to perform specific functions instead of having them all in one place. And that’s the problem that Instadapp is trying to solve. Instadapp is a DeFi platform that provides users and developers with a single point of integration to access all the DeFi protocols. As we are in the early days of the decentralized web, Instadapp aims to be a window into multiple DeFi services — tools that make transactions of crypto assets easier.

Why Klaytn and Link Will Catalyze Blockchain Adoption in Asia

Source Node: https://bitcoinist.com/why-klaytn-and-link-will-catalyze-blockchain-adoption-in-asia/?utm_source=rss&utm_medium=rss&utm_campaign=why-klaytn-and-link-will-catalyze-blockchain-adoption-in-asia
Time Stamp: August 4, 2020 12:23 PM - Modified On: May 21, 2021 - Published By:
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In the last two years, popular messaging giants in Asia and Europe have announced plans to launch a blockchain-powered cryptocurrency. In Asia, Kakao’s Klaytn and Line’s Link platform have launched and are quickly gaining momentum, but Facebook and Telegram’s cryptocurrencies have not fared so well. Messaging Giants Pushing Blockchain Adoption As it stands, Kakao is by far the most dominant mobile platform in Korea with a market share of 97% in the country. Kakao subsidiary Ground X began development of Klaytn back in 2019, after raising $90 million in both

Bitcoin is Overvalued at $11,000, Analyst Explains Why

Source Node: https://bitcoinist.com/bitcoin-is-overvalued-at-11000-analyst-explains-why/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-is-overvalued-at-11000-analyst-explains-why
Time Stamp: August 4, 2020 4:44 AM - Modified On: May 21, 2021 - Published By:
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Bitcoin stands overvalued at $11,000 in the short-term, according to analysts at Phi Deltalytics. The statement followed a drop in net positions on Chicago Mercantile Exchange’s Bitcoin Futures last week. It showed institutional investors are bearish, a sentiment that amounts to a correction in the Bitcoin market. A cheerful Bitcoin price rally above $11,000 is unlikely to sustain in the short-term, according to analysts at Phi Deltalytics. Bitcoin CME Positions Fall The crypto-focused investment consultation portal said the BTC/USD stands overvalued above $11,000. It reasoned the analogy with a drop

UBS Expects Gold to Hit $2,000; What Does It Mean for Bitcoin?

Source Node: https://bitcoinist.com/ubs-expects-gold-to-hit-2000-what-does-it-mean-for-bitcoin/?utm_source=rss&utm_medium=rss&utm_campaign=ubs-expects-gold-to-hit-2000-what-does-it-mean-for-bitcoin
Time Stamp: August 4, 2020 2:50 AM - Modified On: May 21, 2021 - Published By:
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UBS Global predicts that gold would climb to $2,000, at least by September, just as the metal’s correlation with Bitcoin reaches a new high. Wayne Gordan, executive director of Commodities and Forex at UBS, projected negative US real yields as the core reason behind the increasing bids for gold. The other key point, Mr. Gordon stated, is the ongoing plunge in the US dollar. Bitcoin traders should brace for a decent upside momentum led by the gold market. It is because of the increasing realized correlation between the two assets.

DEX Trading Volume Tops $4 Billion in July 2020

Source Node: https://beincrypto.com/dex-trading-volume-tops-4-billion-in-july-2020/
Time Stamp: August 3, 2020 12:58 PM - Modified On: May 21, 2021 - Published By:
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The meteoric growth in the trading activity for decentralized exchanges (DEX) is not slowing down as the total volume for July exceeds $4 billion. Monthly DEX volumes have been on a tear since the start of 2020 with increasing returns seen in the last three consecutive months. DEX platforms continue to attract massive trading volume and their native tokens are reportedly providing greater returns than centralized exchange (CEX) counterparts. DEX July 2020 Volume Sees 12x Year-on-Year Growth According to data from on-chain analytics platform Dune Analytics, the total DEX volume

MCO Price Spikes After Crypto.com Announces Token Merging

Source Node: https://beincrypto.com/mco-price-spikes-after-crypto-com-announces-token-merging/
Time Stamp: August 3, 2020 9:18 AM - Modified On: May 21, 2021 - Published By:
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The Hong-Kong-based company Crypto.com announced a token swap program on Monday. All MCO token holders have until the 2nd of November 2020 to swap their MCO for CRO. The announcement catalyzed MCO trading volume and caused the price to surge. However, several users note some red flags around the whole merging process. Is this operation legit? Is it possible that there’s been insider trading? The Year of Crypto.com 2020 is proving to be very profitable for Crypto.com. As BeInCrypto reported not long ago, the CRO token has been one of