Bitcoin Bulls Rejected Hard At $11,500 Retest, Rapid $250 Drop Follows
Bitcoin price is experiencing a surge of intraday volatility, rocketing $150 in minutes then collapsing more than $250
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Fidelity: Bitcoin to Decouple from Other Investment Assets with Its Market Cap Skyrocketing
The report by Fidelity depicts that Bitcoin has major fundamentals that put it further from health and economic adverse effects.Fidelity Digital Assets, a firm focused on researching institutional asset investment, has released a report on the role of Bitcoin as an uncorrelated alternative investment that may provide portfolio optimization benefits.Fidelity
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Ethereum’s Vitalik Buterin Calls on Power Users to Move to Layer 2 Scaling
In the face of Ethereum’s recent rocketing transaction fees, its founder and chief scientist, Vitalik Buterin, called on users of the second-largest blockchain to move over to scaling solutions that are “already here for many classes of applications.”Buterin took the opportunity while speaking at the opening keynote of CryptoX’s invest:
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Brainwallets: The Bitcoin Wallet You Probably Shouldn’t Use (Unless You Have To)
A “brainwallet” refers to a private key that is stored in the user’s memory in the form of a seed phrase or a passphrase. Source
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High Gas Fees Prevent Ethereum From Being Ethereum
High Ethereum gas prices make it impossible for ERC-20 projects to run any microtransaction payments on Ethereum. This defeats the idea of using the Ethereum network for one of its principal use cases. Gas fees are part of Ethereum. They are the price required for miners to execute transactions. This
Read MoreCrypto traders cautious on Bitcoin price as rally to $11.7K goes sour
After the price of Bitcoin (BTC) achieved $11,720 on Binance, traders began to turn slightly skeptical on the dominant cryptocurrency. Despite the initial breakout above two key resistance levels at $11,300 and $11,500, BTC recorded several rejections. While it might be premature to predict a marketwide correction, the level of
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Blockchain Bites: Your Guide to Invest Ethereum Economy
At stakeInvest: ethereum economy, a full day of conversation, workshopping and networking around the future of money, goes live today at 9 a.m. ET.Starting off with a keynote speech from Ethereum co-creator Vitalik Buterin, the virtual event will also see appearances from MakerDAO Co-Founder Rune Christensen, Gauntlet CEO Tarun Chitra and
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Indodax Crypto Exchange Set to List LinkEye (LET) on October 15
Interested LinkEye investors can begin depositing LET on Indodax starting from today.Indonesia’s largest cryptocurrency exchange Indodax has partnered with LinkEye to list the former’s native coin LET on October 15. According to metrics provided by CoinMarketCap, Indodax reported having approximately 2 million registered users, hence making it the best platform
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PwC’s ‘Time for Trust’ report misses mark on blockchain in China
Blockchain technology has the potential to boost the global GDP by $1.76 trillion, according to a new PwC report titled “Time For Trust,” with 40 million jobs “enhanced” in the process. But despite forecasting blockchain’s increasing economic impact over time, PwC dismisses the technology’s rising importance in China. Source: PwC ‘Time
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The DOJ’s Crypto Framework Is a Warning to Exchanges
The Department of Justice (DOJ) just fired a warning to crypto exchanges worldwide: Comply with U.S. law or face the potential wrath of the federal government.Last week, the DOJ published an 83-page cryptocurrency enforcement framework detailing its approach to the nascent space and discussing potential crimes. The document also suggested
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