Oct 26 2020

Ethereum hit a $46b valuation with 1 value accrual mechanism. Wait until there are three

Oct 26 2020 Published at CryptoSlate under tags  analysis eth 2.0 ethusd

Ethereum is by far the largest cryptocurrency behind Bitcoin. The asset has a market capitalization of $46 billion, which makes it around the size of a medium-cap company in the S&P 500. Although impressive, analysts say that Ethereum could rally exponentially higher, likely towards its previous all- time highs, once it gains two more...

JPMorgan Analysts Go Against CEO Jamie Dimon on Bitcoin

Reading Time: 2 minutes A JPMorgan investor note has proclaimed Bitcoin’s “considerable” long term upside The note added that Bitcoin could “compete more intensely” with gold The bank’s view is at odds with those of its CEO Jamie Dimon who says Bitcoin is a scam...

Hacker Returns $2.5 Million to Harvest Finance Deployer Contract

Oct 26 2020 Published at CryptoPotato

The attacker has willingly returned $2.5 million of the $24 million he stole from the DeFi-based protocol Harvest Finance. The post Hacker Returns $2.5 Million to Harvest Finance Deployer Contract appeared first on CryptoPotato.

SwapSpace: Quick Cryptocurrency Swaps at No Additional Fees

Oct 26 2020 Published at CryptoPotato

[Featured content] The cryptocurrency field is growing at a considerable rate as more companies and individuals get involved. As CryptoPotato recently reported, Google searches for the ‘buy crypto’ key phrase have surged to their highest point since all the way back in January 2018 – during the peak of the ICO bubble. Google traffic is […] The post...

Let’s Talk Audius: The Ethereum Music App Putting Streaming in Artists’ Hands

Oct 26 2020 Published at Blockonomi under tags  audius ethereum guides music

Finance isn’t just the realm of big banks and suit and tie types. Money touches almost every aspect of all of our lives. That’s the big promise of decentralized app networks like Ethereum. It gives anyone anywhere in the world the ability to create and use applications that are open and community- owned, disintermediating rent-seeking middlemen [...] The post Let's Talk Audius: The Ethereum...

Cryptocurrencies Should Be Defined as Money – FinCen and FRB

Reading Time: 2 minutes U.S. Federal Reserve Board and Financial Crimes Enforcement Network have called for cryptocurrencies to be defined as money The agencies also want the Bank Secrecy Act threshold to be reduced from $3,000 to $250 Cryptocurrencies are generally...

China Cracks Down: How Will Tether Adapt to Tighter Enforcement?

Oct 26 2020 Published at Coingape under tags  china regulation news tether

The People’s Bank of China (PBoC) office in Huizhou City...

Analyst Explains Why Bitcoin Risks Crashing by $2K in “A Few Days”

The ongoing Bitcoin price rally risks fizzling out on a notion that the price won't hold a psychological support level. The $2K-Crash Setup At lower $13Ks, the cryptocurrency awaits a significant sell-off, according to Mark Principato of Green Bridge Investing, an investment consulting firm in New York. The executive director...

Hackers Drain DeFi Protocol Harvest Finance of $24 Million

Oct 26 2020 Published at Crypto Briefing under tags  analysis hack

A $24 million DeFi hack involving Harvest Finance has exposed the vulnerability of the entire DeFi ecosystem. Economic Exploit of Harvest Finance Working as a yield aggregator, Harvest Finance...

Alert – Harvest Finance (FARM) $24 Million Exploit

Oct 26 2020 Published at Altcoin Buzz under tags  defi farm finance and funding hack harvest

Harvest Finance, the Kava blockchain-powered decentralized cross-chain money market faced an arbitrage economic attack. According to Harvest Finance, the attack originated with a large flash loan and led to a $24 million exploit by the hacker. Out of the whopping $24 million, the hacker sent $2.5M back to the deployer. The Harvest Finance attack manipulated the prices on Curve ypool to drain fUSDT...

Crypto Analyst Says Bitcoin Could Start Another Rally Towards $14,000

Bitcoin (BTC) could start another rally towards $14,000 according to Konstantin Anissimov, the Executive Director at CEX.IO. In an exclusive report shared with UseTheBitcoin, Mr. Anissimov considers that […]

Tether Pushes Back on Allegations of Dropping Support for Peter McCormack

"@Tether_to supports @PeterMcCormack and believes he's in the right," wrote Tether general counsel Stuart Hoegner.

Social Sentiment on Crypto Twitter Does Big 180 as Bitcoin Surges

Oct 26 2020 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

Bitcoin’s new 2020 high over the weekend has rejuvenated social sentiment which has done a complete u-turn according to recent research. There are many technical and fundamental indicators that can give signs as to...

MASSIVE Bitcoin Adoption is Coming | This Week in Crypto – Oct 26, 2020

Oct 26 2020 Published at 99 Bitcoins under tags  video

The post MASSIVE Bitcoin Adoption is Coming | This Week in Crypto - Oct 26, 2020 appeared first on 99 Bitcoins.  Online payments platform PayPal will allow customers to pay for products and services using …...

Bitcoin Weekly Outlook: All Eyes on US Election, Stimulus, Tech Earnings

Bitcoin market sentiment fared an extremely bullish setting last week as traders/investors assessed the foray of big firms into the digital currency sector, including PayPal. The BTC/USD exchange rate began the 7-day timeframe with a decent jump – and it spent the rest of the time trading...

Alibaba Founder Jack Ma: Digital Currencies Can Create Value

Oct 26 2020 Published at CryptoPotato

Alibaba Group founder Jack Ma sees value in digital currencies, but world regulators have to step up and improve the current framework. The post Alibaba Founder Jack Ma: Digital Currencies Can Create Value appeared first on CryptoPotato.

Bitcoin Just Had Its Highest Weekly Close Since Jan-18 While ETH Eyes $400 (Market Watch)

Oct 26 2020 Published at CryptoPotato

Bitcoin has kept still above the $13,000 mark, while most altcoins have displayed an untypical lack of volatility. Ethereum and Ripple struggle below $410 and $0.26, respectively. The post Bitcoin Just Had Its Highest Weekly Close Since Jan-18 While ETH Eyes $400 (Market Watch) appeared first on...

Kraken Daily Market Report for October 25 2020

Oct 26 2020 Published at Kraken Blog under tags  daily market reports | market reports

Overview Total spot trading volume at $163.3 million. Bitcoin and Ethereum were briefly up 1%, but then declined to close neutral (Bitcoin -0.7%, and Ethereum -1.5%). Total futures notional at $110.0 million. Total retail volume (PTL) at $595K. Yesterday, the hot coin was Filecoin with an 8.2% return, today, Filecoin was even hotter with an outstanding 51% return over USD. Also hot was...

Here’s Why Analysts Think That Ethereum’s Uptrend Remains on Track

Oct 26 2020 Published at Bitcoinist.com under tags  ethbtc ethereum ethereum price ethusd

Ethereum has stalled after hitting the pivotal highs of $420 earlier this week. The coin now trades for $408, failing to break higher even as Bitcoin flirts with yet another breakout ahead of the weekly close. Despite the mixed price action, analysts think ETH remains in bullish standing. Ethereum Analysts Thinks the...

Breaking: DeFi Protocol Harvest Finance Attack Targets Liquidity Pools

Oct 26 2020 Published at CryptoPotato

The latest DeFi incursion is currently unfolding as Harvest Finance hunkers down to protect its farmers by withdrawing funds from its liquidity pools. The post Breaking: DeFi Protocol Harvest Finance Attack Targets Liquidity Pools appeared first on CryptoPotato.

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