BTC - USD Vol: Ƀ 52,646,500
$ 11,538.00 (8057.88%) BUY NOW
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$ 0.28 (-0.0242%) BUY NOW


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Bitcoin Bulls Defend Critical Support; Here’s Where it May Go Next

Author: Cole Petersen | Website: Bitcoinist
Publish on: 08/12/2020

Bitcoin saw a notable drawdown yesterday that came about after bulls once again failed to break the $12,000 resistance level This led BTC to lows of $11,200 that were ardently guarded by its buyers, and it has since bounced slightly The ongoing bounce likely …

MicroStrategy Buys 0.1 Percent Of Total Bitcoin Supply

Author: Nik Hoffman | Website: Bitcoin Magazine
Publish on: 08/12/2020

Business intelligence firm MicroStrategy has invested $250 million into bitcoin, accumulating about 0.1 percent of the total supply.
The post MicroStrategy Buys 0.1 Percent Of Total Bitcoin Supply appeared first on Bitcoin Magazine.

Blockchain Bites: Avanti’s New Money, DeFi Deepens and ‘How Much Ether?’

Author: Daniel Kuhn | Website: CoinDesk
Publish on: 08/12/2020

Caitlin Long has a new take on money. Russia wants to de-anonymize crypto. And Coinbase wins in a court case over the Bitcoin Gold hard fork in 2017.

Canaan Inc. Second Quarter Results Could Surprise Us To The Upside

Author: KGR Ventures | Website: Seeking Alpha
Publish on: 08/12/2020

Canaan Inc. is a mispriced Bitcoin pure play with potentially 1x-2x upside achieved by simply converging with its only public competitor EBang, as well as the price of Bitcoin itself.

Ethereum’s Latest DeFi Craze Is Storing $400m In Crypto 1 Day After Launch

Author: Nick Chong | Website: newsBTC
Publish on: 08/12/2020

While Bitcoin has retraced since its highs, Ethereum’s decentralized finance ecosystem is still in a clear phase of growth. Case in point: a DeFi protocol launched yesterday has already garnered hundreds of millions of dollars worth of value. This comes in sp…

A Crypto Trader Thinks Ethereum Could Plunge Towards $300 as Momentum Slows

Author: Nick Chong | Website: Bitcoinist
Publish on: 08/11/2020

After Bitcoin and Ethereum attempted to surge past $12,000 and $400, respectively, the momentum has tapered off. Over the past day, the leading cryptocurrencies have plunged lower despite a weakening U.S. dollar. As of the time of this article’s writing, ETH …

Here’s Why Compound (COMP) Is Up 7% While Ethereum Is Plunging

Author: Nick Chong | Website: newsBTC
Publish on: 08/11/2020

It’s been a tough past few days for the crypto market. Bitcoin and Ethereum are both down by approximately 5% in the past 24 hours, plunging as gold and the U.S. equities market drop in a fashion not seen in many weeks. There are some cryptocurrencies that ar…

Hashed CEO Simon Kim Explains Why Consumer-Focused Apps are the Future of Blockchain

Author: Insider Monkey Staff | Website: Yahoo Entertainment
Publish on: 08/11/2020

Cryptocurrency has an adoption problem, or so the perceived wisdom says. Bitcoin and Ethereum are perennially popular within the blockchain and cryptocurrency community. But to the average consumer new to the crypto scene, there’s a dizzying learning curve, i…

XRP (Ripple) vs XLM (Steller) vs ADA (Cardano): Which Altcoin Reigns Supreme?

Author: Bitcoinist | Website: Bitcoinist
Publish on: 08/12/2020

Some of the best cryptocurrencies to prospect on are also some of the best values. What if we were to tell you three altcoins — currently priced in the low cents — are all potential sleepers? In the case of XRP (Ripple), XLM (Stellar), and ADA (Cardano), all …