Bitcoin Less Risky Than Tesla, Ethereum at USD 10,500 + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.Bitcoin news While the most popular cryptocurrency, bitcoin (BTC), is considered to be almost in the "extreme bubble" territory, more surveyed market professionals are in favor of BTC than ...

Billions Moved Out of China in Bitcoin

Close to $20 billion has been moved out of China through bitcoin according to a new report by the China based blockchain analytics firm Peckshield....

Ethereum Price Analysis: 20 January

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Unlike Bitcoin, Ethereum‘s price is having trouble staying close to its ATH on the charts....

The Brilliant Minds Behind the BTC Ultimatum Project, and Their New CEO, Eric Ma

BTC Ultimatum (BTCU) has been created for the development of innovative blockchain solutions – Prof-it Blockchain Ltd....

Too fast, too furious: Some major altcoins failed to match Bitcoin’s rally

Bitcoin has broken its all-time high and has more than doubled in value at the peak, but why have some other coins failed to keep up?...

Tether’s General Counsel: iFinex v. NYAG Case Continues with a Court Meeting in 30 Days

The case between iFinex (the parent company of both Tether (USDT) and Bitfinex) will go on with a Court meeting in "approximately" 30 days, according to the company's GC Stuart Hoegner....

Bullish Dumping: Bitcoin Sheds Thousands Off Price as Funding Rates Reset

Bitcoin has seen some intense selling pressure throughout the past 12 hours that has caused it to shed thousands off its price This move came about following a failed attempt by bulls to send it up to highs of $38,000 yesterday The rejection here confirms that BTC is still firmly range-bound, with whales selling in […]...

The Warning Sign That Correctly Called The Last Bitcoin Crash Is Back

The speculative fervor in markets has catalyzed the recent spike in Bitcoin and Ethereum.Bitcoin is now the most crowded trade. That label was a bad sign in late 2017.Bitcoin is not a reflation trade....

Airdrop Madness Coming in 2021, Says Crypto Trader – Here’s How to Prepare for Potential Deluge of Free Crypto

Crypto trader Tyler Swope says anyone interested in receiving free airdropped tokens in 2021 should start preparing. Swope says one of the likely airdrops this year could be conducted by Ethereum-scaling solutions firm Optimism PBC....

Firo is latest proof-of-work coin to suffer 51% attack; 306 blocks rolled back

Privacy-focused digital currency, Firo, formerly known as Zcoin, suffered a 51% attack in the early hours of 20 January. Taking to Twitter, the team behind Firo notified traders about the attack and asked users not to make transactions until the network returned to a normal state....

Stellar Lumens, Waves, IOTA Price Analysis: 20 January

Stellar Lumens moved within a fixed channel of $0.319 and $0.287, at press time, and a breakout in either direction did not seem likely over the next few trading sessions. WAVES formed an ascending channel on the charts, and a southbound breakout could see the price test the support level at $6.2....

Report: Whales Depositing Bitcoin to Exchanges As BTC Price Tumbled $4000 In Hours

Bitcoin's price could be headed for an even steeper short-term correction as whales have been depositing large quantities on exchanges....

Fundstrat Strategist Posts $10,500 Ethereum Target for 2021

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Cryptocurrency market under pressure after new all-time high for ETH

The cryptocurrency market is under pressure from sellers after ETH set a new all-time high on OKEx yesterday....

12 days since its ATH, how is Bitcoin doing?

When the third halving took place on 11 May 2020, Bitcoin and Gold were correlated. Today, on the 12th day since Bitcoin hit a new ATH on the price charts, Bitcoin and Gold are uncorrelated. The reversal in the said correlation is incredible, but there is a historical precedent here too....

Can Blockchain Help Enterprises Navigate GDPR Headaches?

User privacy online is one of the biggest debates of modern times, and one that’s incredibly complex from any perspective....

Hive Bitcoin Miner Raises $15 Million

The publicly traded bitcoin and ethereum miner, HIVE Blockchain Technologies Ltd, has raised $15 million out of an offering of nearly $27 million according to a filing with the Securities......

Bitpanda Launches Debit Card That Lets Users Spend Fiat, Crypto and Precious Metals

Users can select any investment in their Bitpanda account to fund payments with the physical Visa card....

Salesforce, Lime Execs Join Board of Polkadot-Inspired Cere Network

Cere’s new board members don’t want a “half-assed approach” to enterprise blockchain....

Ethereum will ‘continue to lose ground,’ says Ripple’s Head of DeFi products

It’s been a good 12 months for the DeFi ecosystem. Not only did the sector’s TVL climb to exponential heights, but its total market cap ($16.5 billion) also overtook that of XRP’s ($10.66 billion) recently, according to data from Messari....

Privacy Coin Firo Currently Experiencing 51% Attack

Users should not make transactions during this time....

Arbitrage traders make 10x returns on new DeFi platform for wrapped assets

A lucky trader turned 0.34 BTC into 4.6 BTC in just one swap....

Yellen’s Terrorists: The Bitcoining Middle Class

Grandma Janet Yellen kept to the script in front of her 200 year old colleagues at the Senate....

Holland’s Biggest Soccer League, Eredevisie, Moves onto Ethereum

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Why are experts more bullish on Bitcoin than Ethereum?

Ethereum’s price rally over the past 48 hours notwithstanding, Bitcoin continues to gather momentum on the price charts. Valued at just over $35,300 at the time of writing, many expect BTC to soon climb in an effort to breach the $40,000-level once again....

Bitcoin Now the Most Crowded Trade – Labeled a ‘Bubble’ in Bank of America Survey

According to findings of a recent Bank of America (BOA) survey, buying bitcoin has now surpassed tech stocks as the most crowded trade. This new ranking means tech stocks have been relegated into second place for the first time since October 2019....

Grayscale CEO outlines 6 themes that will shape crypto market in 2021

Widespread institutional adoption, favorable regulation, and the growth of North American crypto mining are just some of the themes Michael Sonnenshein believes will materialize in 2021....

Crypto Exchange Gemini Launching Credit Card That Pays ‘Cashback’ in Bitcoin

Crypto exchange Gemini is launching a new credit card that lets users earn rewards in Bitcoin (BTC) and other cryptocurrencies. Gemini CEO Tyler Winklevoss says the Gemini Credit Card is like any traditional credit card....

DeFi payments protocol Celo readies launch of a euro-pegged stablecoin

Celo, a decentralised digital payments protocol, is plotting the launch of a new stablecoin which will be pegged to the euro....

Ripple Board Member Receives Pardon on Trump’s Last Day in Office

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There are now over 600k unique Ethereum NFTs on the market

The crypto sub-sector saw a reasonable boom last year....

Digital euro to face review by 2 institutions, before possible launch in mid-2021

European Commission and European Central Bank (ECB) have come together to issue a joint statement about the possibility of issuing a digital euro....

Two Penny Stocks Bitcoin Investors Might Want To Follow

Buying bitcoin and other major cryptocurrencies in 2020 has proven to be a winning strategy. But crypto investors looking to diversify their digital currency exposure should consider including stocks that offer exposure to specific companies with ties to cryptocurrencies....

Major Thai Crypto Exchange Bitkub Temporarily Suspends Operation Post SEC Snub

Bitkub, a Thailand based cryptocurrency exchange on Wednesday shut its desktop trading services temporarily to fix the problems leading to multiple outages in the past month owing to high trading volumes, reported Bangkok Post....

Ether’s Rise to Record Highs May Propel Cryptocurrency to $10.5K: Fundstrat Global

Fundstrat strategist David Grider based his bullish prediction in part on the promise of Ethereum's technology....

Inauguration Day: Past Presidents Taking Office Has Boosted Bitcoin Bull Run

Bitcoin is struggling to hold onto $35,000 after an epic run, just as a new United States president takes office. And although things might appear suddenly bearish for the cryptocurrency in the short-term, past instances of new presidents taking the oath of office has led to the asset’s most bullish impulses yet....

Ethereum’s Price Could Surge to $10,500, Says Fundstrat Strategist

Fundstrat strategist David Grider has revelated he believes the price of Ethereum’s ether, the second-largest cryptocurrency by market capitalization, could climb more than sevenfold to a new high at $10,500....

Incoming Wave Could See Bitcoin Lose 50% Of Its Current Price Or Spiral In Gains

Bitcoin has had an interesting run this past week. Although failing to reclaim the $42,000 high, it still remains promising as analysts observe an incoming volume around the $35k level. The digital asset is currently trading at a press time price of $34,915, a lower correction from last week’s $37,394 high....

Bitcoin miners have made more than $700 million in revenue thus far in January

Bitcoin mining revenue for January has already surpassed December's total, reaching the highest level seen since January 2018.The post Bitcoin miners have made more than $700 million in revenue thus far in January appeared first on The Block....

The Second Order Effects Of Bitcoin: Digitization, Decentralization And Deflation

With digitized money and a deflationary economy, Bitcoin will usher in second order effects that will reshape the nature of societies.The post The Second Order Effects Of Bitcoin: Digitization, Decentralization And Deflation appeared first on Bitcoin Magazine....

Ethereum tumbles 7% right after new all-time highs: Are ETH bulls in trouble?

Ethereum has fallen by more than 7% in the last several hours, a day after breaking its ETH/USD all-time high from three years ago....

Bitcoin's Near-Term Tether Risk: Neutral Rating

Some near-term catalysts are approaching that could affect Tether's printing machine.Tether has been the largest source of buying in crypto markets of late.If regulators have their way that buying stalls and we'll get better prices to buy Bitcoin lower....

How DeFi Is Expanding Beyond Ethereum in 2021

The launch of Ethereum 2.0’s beacon chain marked a significant milestone at the end of 2020. Several years in development and subject to substantial delays, many were skeptical that it would even happen before the end of the year....

Firo Gets Hit by 51% Attack: 300 Blocks Rolled Back

The privacy-oriented cryptocurrency Firo, formerly known as Zcoin, has come under a 51% attack....

Deputy Director of SAFE: Cryptocurrencies May Become the Channel for Illegal Cross-border Asset Transfer

It is difficult to monitor and identify cryptocurrencies, which makes them easy to become the channel for illegal cross-border asset transfer....

January 18, 2021, Crypto Chartbook: Bitcoin, No Exits Necessary

Exits are more important than entries.But we always let the last 25% of a bitcoin trading position run ad infinitum.Because we believe that bitcoin is a scarce "digital commodity" and much higher prices are yet to come!Hence, once the current consolidation is over, our next volume based time cycle and Fibonacci projection sits at US$65,900....

We don’t need immunity passports, we need verifiable credentials

The idea of global vaccination and health data being stored in centralized systems has more than privacy experts freaking out....

First Mover: What’s Next for Ethereum After Cryptocurrency Hits All-Time High

The Ethereum blockchain ecosystem is growing fast with decentralized finance, or DeFi, and some traders say the cryptocurrency ether could notch further gains after hitting a new all-time high price....

Coinbase Backs $2 Million Seed Round in Insurtech Firm Nayms

Insurtech startup Nayms has closed a £1.5 million ($2 million) seed round led by XBTO....

Pornhub adds new cryptos for payment, sixteen in total

TL;DR Breakdown Pornhub has added support for more cryptocurrencies, including XRP and BNB. In total, the company now supports about sixteen digital currencies. Pornhub, the popular adult entertainment platform, is apparently going all into digital currencies for payment....