Oct 27 2020

DAI Stablecoin Gains Global Relevance

Oct 27 2020 Published at Altcoin Buzz under tags  dai defi digital art e-commerce gaming

Globally, the DAI stablecoin has gained relevance due to its plethora of benefits and wide range of uses. DAI is a borderless, composable, and highly decentralized digital currency that can be easily generated and purchased. The stablecoin, pegged to the U.S. dollar, has a vast range of use cases, including inflation protection and international remittance. In a...

The Pros and Cons of PayPal-Bitcoin Combo

With a history of firing nasty comments at Bitcoin, the Wall Street mammoth, ranging anywhere from "bubble" to "financial scam," appeared with candies in its hands this time. The post The Pros and Cons of PayPal-Bitcoin Combo appeared first on CoinStats Blog.

Why major Bitcoin futures exchange Bybit is integrating Chainlink price feed

Oct 27 2020 Published at CryptoSlate under tags  bybit chainlink exchanges partnerships

Bybit, the top six Bitcoin futures exchange by open interest and daily volume, is integrating the price feeds of Chainlink (LINK). As a blockchain optimized to provide oracles to decentralized finance (DeFi) protocols, Chainlink allows platforms to retrieve reliable market data. By integrating...

Kraken Daily Market Report for October 26 2020

Oct 27 2020 Published at Kraken Blog under tags  daily market reports | market reports

Overview Total spot trading volume at $262.5 million, most coins were negative, including Bitcoin with a -0.3% return and Ethereum with a -3.1% return over USD. Kusama was red-hot today with 32% returns, almost as hot was Curve DAO +21% and Melon +17%. On the flip side, Filecoin was down -12%, offsetting all of its gains 8.2% gains from yesterday....

Bitcoin Expected to Rocket Higher as “Strong Close” takes Place Above $13k

Oct 27 2020 Published at Bitcoinist.com under tags  bitcoin price btcusd btcusdt xbtusd

Bitcoin printed a massive weekly close on Sunday evening after a strong rally. The weekly close was the highest since January 2018. One analyst thinks that this close will send Bitcoin much higher in the months ahead. Bitcoin Expected to Rocket Higher on Close Above Resistance Bitcoin printed a massive weekly close on Sunday evening after a...

Ontology Integrates Chainalysis to Improve Security

Ontology, the digital identity open-source blockchain, announced their integration with Chainalysis, a blockchain analysis company. The integration between Ontology and Chainalysis is expected to increase security. It will also increase compliance in the Ontology ecosystem due to security features of Chainalysis. Ensuring a safer experience for Ontology...

Crypto Market Update: ETH, QTUM, LINK, LTC, BCH, BTC Price Predictions

Oct 27 2020 Published at Altcoin Buzz under tags  bch btc eth link ltc

Will Paypal’s grand plan for entering cryptocurrency push BTC price to $20,000 or will the second wave of COVID-19 pull the price down to $8,000? PayPal has finally decided to arrive in the crypto currency ecosystem and plans to add options to buy and sell Bitcoin in the United States by as early as the first quarter of 2021....

CyberVein’s CROSS decentralized NFT issuance platform goes live

Oct 27 2020 Published at CryptoNinjas under tags  featured vendor technology

CyberVein, a next-generation big data and analytics company, today introduced its first-of-a-kind decentralized non-fungible token (NFT) issuance platform, CROSS. With DAVE (Data Analytics and Valuation Engine), an alliance that enables data-driven and technology companies to utilize their resources more efficiently, the CyberVein team unveiled CROSS during the Renaissance Conference - a celebration of CyberVein's three-year-long journey of...

October NOIA Roadmap Update Released

Oct 27 2020 Published at Altcoin Buzz under tags  darp noia product release & updates

NOIA recently released a roadmap update that covers the different activities carried out on the platform from October 8th through the 22nd. The NOIA roadmap update concerns various aspects of the platform's activities like the updates on DARP, infrastructure, user interface, and NOIA SDK. Lots of work taking place on the NOIA platform Concerning the management of the network, NOIA has given users...

From less cash to cashless: What lies on the road ahead?

Oct 27 2020 Published at CryptoSlate under tags  adoption guest post

Social distancing regulations and the fear of microbes-ridden surfaces have pushed physical shopping and transactions in cash to the backseat. In a recently conducted poll, 82% of Master Card’s global users favored contactless payments as a cleaner alternative to cash. The e-commerce giant Amazon saw a staggering surge of more than $570 billion USD in its value. With all these exciting stories of...

Ethereum Prints Pivotal Bullish Signal as It Holds $390 Region

Oct 27 2020 Published at Bitcoinist.com under tags  ethbtc ethereum ethereum price ethusd

Ethereum is expected to move much higher in the months ahead as the leading cryptocurrency prints a bullish technical signal. Ethereum Bounces Cleanly Off $390 Horizontal Region in Bullish Move As the chart shared below shows, ETH recently bounced off the $380-390 horizontal region, which marks a win for bulls. The chart shows that over the past few months and even stretching into...

Oct 26 2020

XRP on Shaky Ground After Dropping 6 Points in Latest Correction

Oct 26 2020 Published at Crypto Briefing under tags  markets trading

XRP dropped 6% over the past few hours that saw the remittance token retest a critical support level. Now, bulls must step in to avoid further losses. Sitting at a Make-or-Break Point Following September's market crash, XRP entered a consolidation phase. The stagnant price action seen in the last two months led to an ascending triangle within the daily chart. A horizontal resistance...

Data: The Number of Bitcoin Whales Has Never Been Higher

Oct 26 2020 Published at Bitcoinist.com under tags  bitcoin btcusd btcusdt xbtusd

Bitcoin has been seeing some strong price action throughout the past few days Bulls have been in firm control, with bears struggling to gain any ground as they fail to spark any meaningful selloffs This price action has allowed BTC to form a market structure that is arguably the strongest seen since before the late-2017 decline This strength is likely to continue growing...

Massive Supply Barrier Is Keeping Cardano Prices From Breaking Out

Oct 26 2020 Published at Crypto Briefing under tags  markets trading

Greed among crypto investors has triggered a market-wide correction, liquidating more than 34,000 traders in the past 24 hours. And unfortunately for ADA holders, Cardano looks no different. Cardano Prepares for Another Leg Down...

Uniswap volumes bump to $2 billion after attack on DeFi project Harvest Finance

Oct 26 2020 Published at CryptoSlate under tags  defi price watch

Harvest Finance, a decentralized finance (DeFi) project led by an anonymous team, was attacked using a flash loan exploit earlier today leading to millions of dollars worth of FARM tokens stolen by hackers and its prices falling over 60% at press time....

Traditional Finance Is Watching The Rise of DeFi Closely, Crypto.com and BCG Study Finds

Oct 26 2020 Published at Crypto Briefing under tags  analysis

Leading tokens from this summer's DeFi craze may be crashing, but the sector is far from over. And with interest from multi-billion dollar institutions, many believe that true innovation has only just begun. ...

Ethereum Expected to Bounce as Price Cleanly Bounces Off $385

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

Ethereum has undergone a 6% drop over the past 24 hours in the face of the stock drop. The Dow Jones is down 3% during Monday's trading session. Analysts think ETH could bounce, though, as the coin has recovered to $390. One analyst noted that the coin is now trading above the pivotal swing level at $390. Ethereum holding above that level is...

Bitcoin and Cryptocurrency Market Analysis – 26.10.2020

Oct 26 2020 Published at Bitcoinist.com under tags  bitcoin crypto trade

In a week where equity markets have stagnated, bitcoin bucked the trend as it pushed through the $12,000 resistance level, as well as touching and seeing some resistance at $13,000. Altcoins were buoyed by bitcoin’s rise, with ETH, XRP, LTC, and chainlink all showing upward trajectories too. Simon Peters, Analyst, eToro Shares His Opinion On BTC, Crypto Markets Bitcoin Blasts...

LINK Update: Binance-Incubated Injective Protocol Collaborates with Chainlink [LINK]

Oct 26 2020 Published at Coingape under tags  binance chainlink defi news injective linkbtc

Despite an impressive performance by several DeFi tokens in the month of September, Chainlink, which supplies data feeds to DeFi systems, witnessed its LINK token drop nearly 50% month to date. The famous oracle token went on to become the...

Analyst Who Called Bitcoin’s V-Shaped Reversal Thinks Q4 Will Be Big for Bulls

Oct 26 2020 Published at Bitcoinist.com under tags  bitcoin price btcusd btcusdt xbtusd

Bitcoin has undergone a strong rally over the past few weeks. The market has dropped in the near term due to a strong decline in the Dow Jones and S&P 500 index. One crypto-asset analyst who called the V-shaped reversal that we saw in March remains bullish. He says that Bitcoin could undergo "50% pumps" heading into the end of Q4 and the...

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