Archive for February 17th, 2020

DEX Volume Soars But Bzx Exploit Raises Questions About ‘Decentralization Theatre’

February 17, 2020 | By | Reply | 29 Readers More
DEX Volume Soars But Bzx Exploit Raises Questions About ‘Decentralization Theatre’

As the decentralized finance juggernaut rolls inexorably forward, the exploitation of defi project Bzx – in which $350K, or around 2% of total assets was taken – has called the decentralization of the industry into doubt. The attack forced an admin key reset to redeem lost funds and sparked a surge in defi insurance, with […]

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Ethereum (ETH) Bulls Falling Short, but will prices Drop to $200?

February 17, 2020 | By | Reply | 30 Readers More
Ethereum (ETH) Bulls Falling Short, but will prices Drop to $200?

Ethereum (ETH) is peaking and traders, it seems are quickly taking their profits. For perspective, and to quantify how fast longs are scrambling for the exits, the second most valuable asset is down 5% in the last trading day. Ethereum (ETH) bulls Falling Short Peaking over the weekend, $20 just shy of the important $300 […]

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Golden cross: Should BTC, Litecoin, XRP and other alts rely on it?

February 17, 2020 | By | Reply | 27 Readers More
Golden cross: Should BTC, Litecoin, XRP and other alts rely on it?

In stocks and cryptocurrencies, the golden cross represents the move of 50-day moving average above the 200-day moving average. Since the 200-day moving average is an important indicator that separates the bull from the bear cycle, the golden cross is used to do the same, but with relatively higher accuracy. It’s a known fact that […]

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50 Cent, Talib Kweli, Snoop Dogg and Nas: Celebrities Who Could Be Bitcoin Millionaires

February 17, 2020 | By | Reply | 25 Readers More
50 Cent, Talib Kweli, Snoop Dogg and Nas: Celebrities Who Could Be Bitcoin Millionaires

Many celebrities have mentioned the benefits of bitcoin and leveraged the asset for certain projects. For instance, 50 Cent, Snoop Dogg and Talib Kweli all sold albums for BTC, but when cryptocurrency prices skyrocketed, 50 Cent told the public he sold his coins as soon as he got them. Many other celebrities from Hollywood and […]

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Blockchain Deployment Rises Amid Coronavirus Outbreak

February 17, 2020 | By | Reply | 29 Readers More
Blockchain Deployment Rises Amid Coronavirus Outbreak

Amid the ongoing coronavirus epidemic, China has turned to blockchain technology to manage medical data, track supply of virus prevention materials and consult the public. For the first two weeks of February, China saw the launch of as much as 20 blockchain-based applications designed to help fight the coronavirus outbreak, domestic news outlet People’s Daily […]

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BCH Funding Debate: Btc.top Founder Suggests 2/3 Hash Vote and 6-Month Evaluation

February 17, 2020 | By | Reply | 32 Readers More
BCH Funding Debate: Btc.top Founder Suggests 2/3 Hash Vote and 6-Month Evaluation

Over the last few days, Bitcoin Cash proponents have been debating the Infrastructure Funding Plan (IFP) after Bitcoin ABC published an announcement on implementing the plan into the upcoming software release. Again the concept was met with mixed responses and the community has been arguing about the situation on forums and social media. Following the […]

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Bitcoin Price Plunges To $9,400 But Bounces Off, Altcoins Follow: Monday Crypto Market Watch

February 17, 2020 | By | Reply | 30 Readers More
Bitcoin Price Plunges To $9,400 But Bounces Off, Altcoins Follow: Monday Crypto Market Watch

The start of the new week came as a sad one for traders as the bears take over the cryptocurrency market, correcting Bitcoin price to below the $9600 region. At the time of writing, the coin is trading at $9,627. The current volatility in the market could be tied to the ongoing selling pressure and […]

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Stellar Lumen (XLM) Price Nosedives Below $0.075, More Losses Possible

February 17, 2020 | By | Reply | 33 Readers More
Stellar Lumen (XLM) Price Nosedives Below $0.075, More Losses Possible

Stellar lumen price topped near the $0.0888 area and declined heavily against the US Dollar. XLM price broke a few key supports near $0.0800 to enter a bearish zone. There was a break below a major bullish trend line with support near $0.0752 on the 4-hours chart (data feed via Kraken). The pair even broke […]

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KuMEX Beginner’s Guide & Exchange Review

February 17, 2020 | By | Reply | 32 Readers More
KuMEX Beginner’s Guide & Exchange Review

Bitcoin margin trading is undoubtedly catching up to speed. In 2019, there was an outburst of different venues that started to offer high leverage on Bitcoin and other cryptocurrencies. This is mostly made available through futures contracts. KuCoin, a well-known crypto exchange, didn’t stand on the sidelines for long. KuMEX is the Bitcoin futures trading […]

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TRON Price Analysis: TRX Plummets 14% In A Day, Is $0.018 In Sight?

February 17, 2020 | By | Reply | 26 Readers More
TRON Price Analysis: TRX Plummets 14% In A Day, Is $0.018 In Sight?

Tron rolled back beneath the key support of $0.023 after losing 14% in a day. It’s now breaking down from a rising channel to signal a major price correction. TRX nosedived after marking 4-month high against Bitcoin. TRON seems to be on a downhill journey throughout the past 24 hours. Interestingly enough, this takes place […]

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