Jun 19 2021

Polygon Devs. Propose a Modified Implementation of EIP-1559 on MATIC

The Polygon (MATIC) development team has opened discussions for the implementation of EIP-1559 on its network MATIC has a fixed supply therefore implementation of EIP-1559 would mean restructuring payouts The development team proposes the implementation of EIP-1559 on Polygon without burning the base fee They propose that the base fee be sent to the foundation contract account where the MATIC community will decide...

Flare Finance to Integrate XDC Across All Products

Jun 19 2021 Published at Bitcoinist.com under tags  industry

In a massive development, Flare Finance has announced that XinFin Network’s native token XDC will be integrated across all its products. Flare Finance will list XDC against all its F-Assets which at this point in time include FDOGE, FXRP, FADA, FALGO, FLTC, FBCH and FXLM. With FlareWrap integration, XDC would be bridged to Flare Network, while a bidirectional bridge would enable tokens on...

GBTC Redemptions Stealing Bitcoin Spot Demand

Jun 19 2021 Published at Bitcoin Magazine under tags  bitcoin price gbtc markets

As the Grayscale Bitcoin Trust trades at a discount, demand won't be reflected in the bitcoin price.The below is an excerpt from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now....

El Salvador And Bitcoin: Jack Mallers Reveals The Inside Scoop

It might be the biggest story of 2021. Since El Salvador made Bitcoin legal tender, all eyes are on the Central American nation. Strike’s Jack Mallers was the person that delivered this world-shattering news. The exclusive...

LAVACAKE Finance plans its First Harvest…Will it Succeed?

Jun 19 2021 Published at CryptoTicker under tags  crypto defi lava lavacake lavacake.finance

The world of DeFi is going stronger than ever, with many new projects arising every now and then. The sad part is that many unprofessional projects surface at the same time, painting a bad image for the DeFi world. Be it scam projects or unprofessional teams who don’t know what they are doing, there is definitely a good number of bad projects which...

How Many Bitcoin U-Turns? Goldman Sachs Now Says Bitcoin Is Not a Viable Investment

Jun 19 2021 Published at CryptoPotato

Goldman Sachs' latest report shows yet another U-turn. This time, the bank concluded that bitcoin and other crypto assets are not viable investments.

Cryptocurrency Market Shrinks as China Continues Crackdown on Mining and Trading Activities

Jun 19 2021 Published at CoinIdol under tags  news

As China is continuing to crack down on Bitcoin and cryptocurrency mining and trading, more provinces in the country are implementing the decision. However, in an attempt to stop such environmentally unfriendly and high-energy- consuming activities, the prices of cryptocurrencies including Bitcoin (BTC), Ethereum (ETH) are negatively being affected.

Uniswap Reaches Bearish Exhaustion as Sellers Threaten to Short

Jun 19 2021 Published at CoinIdol under tags  news

Uniswap's (UNI) price has fallen to $19.58 low and pulled back. The downtrend has reached bearish exhaustion as buyers emerge in the oversold region. The current downturn has been ongoing as price makes a series of lower highs and lower lows.

Flare Networks Scraps Plan to Modify Spark Token (FLR) Distribution

The team at Flare Networks had drafted 3 proposals to modify the distribution of Spark Tokens (FLR) The proposals were meant to cater to XRP holders who live in jurisdictions that tax airdrops However, the CEO of Flare Networks has scrapped all plans to modify Spark Token distribution The original plan has been retained by the team at Flare Networks Those who want...

How to Use the Secret Binance Smart Chain Bridge

The Secret Network has recently launched its bridge to Binance Smart Chain. BEP-20 token holders can now use this bridge to convert their tokens into Secret tokens. These tokens will support the privacy feature like any other Secret tokens and can be used across Secret Network’s DeFi ecosystem, such as SecretSwap or the yield farm. Users can use the bridge to withdraw their...

98% of Hedge Fund CFOs Expect to Invest in Cryptocurrencies by 2026: Study

Jun 19 2021 Published at CryptoPotato

Hedge funds will increase their cryptocurrency allocations to 7.2% of their respective portfolios in the next five years, a survey revealed.

ATOM Price Prediction

Jun 19 2021 Published at Altcoin Buzz under tags  atom cosmos technical analysis

COSMOS is the Internet of Blockchains and provides a robust ecosystem for the development of a wide range of products and services. Cosmos is a community owned and operated new universe of interconnected services. Its apps and services connect using IBC, the Inter-Blockchain Communication protocol. This innovation enables you to freely exchange assets and data across sovereign, decentralized blockchains. This has...

Polkadot Revisits Previous Low at $20, Faces Rejection at $26

Jun 19 2021 Published at CoinIdol under tags  news

Polkadot (DOT) has fallen to $22 low from the previous high of $29. Since the crypto began falling, DOT price was making a series of lower highs and lower lows.

The Use of T.A Could Make Bitcoin’s Death Cross Self-fulfilling

Many traders use technical analysis to determine Bitcoin's short-term price movements This could lead to a 'self-fulfilling' death cross as Bitcoin traders expect further losses Bitcoin's 50-day moving average is in the process of crossing the 200-day moving average to confirm the death cross Bitcoin's price will most likely continue to drop in the months to follow Bitcoin and crypto analyst, Timothy Peterson...

How China Became a Mecca for Crypto Mining

Jun 19 2021 Published at FullyCrypto under tags  bitcoin china crypto guides mining

Reading Time: 3 minutes China has been the home of crypto mining for over a decade The recent ban by the Chinese government is threatening that dominance Why did China become a Mecca for crypto mining in the first place?...

State Banks In Texas Will Be Allowed To Store Bitcoin For Their Clients

The Texas Department of Banking has announced a new update that would further push the adoption of cryptocurrency across the state. In the update, the department mentioned that state charter banks would henceforth help their clients store their cryptocurrency.

Crypto ATM Firm Ready To Install Crypto ATMs At 29 Supermarket Location in Texas

According to a recent report released by the Houston Chronicle, 29 supermarket locations in Texas could get cryptocurrency ATMs that would allow users to buy and sell more […]

Beware: Scammers Send Fake Replacement Ledger Devices to Steal Cryptocurrencies

Jun 19 2021 Published at CryptoPotato

Scammers have sent out fake replacement Ledger devices to users aiming to steal their cryptocurrency holdings.

Bitcoin Lost $3K in a Day as Crypto Market Cap Evaporated $100B (Market Watch)

Jun 19 2021 Published at CryptoPotato

$100 billion are gone from the cryptocurrency market cap as bitcoin kept declining in value to its lowest price line since last Sunday at below $35K.

Kraken Daily Market Report for June 18 2021

Jun 19 2021 Published at Kraken Blog under tags  daily market reports | market reports

Overview Total spot trading volume at $1.14 billion, the 30-day average is $1.89 billion. Total futures notional at $287.6 million. The top five traded coins were, respectively, Bitcoin (-5.9%), Tether (0%), Ethereum (-5.9%), USDC (0%), and Cardano (-4.5%). While Keep was up 20% from the day before, it fell 16% today. Most other cryptos fell -5% to -10%....

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