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Bitcoin and traditional markets logged a synchronous rally after crashing almost in tandem in March 2020.But the recovery has not impressed a vast majority of global fund managers, according to a survey conducted by the Bank of America.Only 1 out of 10 fund managers believe that the U.S. economy will
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The latest implementation of bitcoin (BTC) on the Ethereum blockchain quietly went live this week. There are 1.24 renBTC live on the Ethereum mainnet now, according to Etherscan. Three sources with knowledge of the project have confirmed this is the Ren smart contract, live ahead of its launch announcement. However, there’s no
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A new fiat-crypto exchange has launched in India, two months after lifting the country’s stringent ban on banks’ dealings with crypto businesses.The Bangalore-headquartered exchange, dubbed BitPolo, went live on May 6. It was originally founded in March; the same month the Supreme Court ruled against the central bank’s longstanding moratorium
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Last night’s Bitcoin monthly April candle closed as a bullish engulfing, often considered a reversal candle by traders and analysts.Bulls must beware, however, as one of the most respected top technical analysts recommends not trading this setup when the primary trend is down, as more often than not it leads
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Tezos (XTZ), a proof of stake (PoS) based smart contracts blockchain network has outranked leading projects including Bitcoin (BTC), Ethereum (ETH), Cardano (ADA) and XRP in terms of technology, in the latest Weiss Ratings rankings, reports FXStreet on April 23, 2020. Tezos Hits Number Spot in Weiss Ratings Per sources close to
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Chinese decentralized finance, or DeFi, protocol dForce has been exploited in a $24.95 million hack that has resulted in its Lendf.Me lending platform going offline.According to DeFi data aggregator DeFi Pulse, the total value of funds locked in dForce’s protocol has fallen from almost $25 million to just $10,000 overnight.On-chain
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While You're Under Quarantine, Check These Sites for Remote Crypto JobsIf you are on the lookout for a job in these pressing times, when the coronavirus pandemic has limited public movement and shut down businesses, it's worth exploring opportunities to work from the relative safety of your home. The number
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Bitcoin’s big dip to below $8,000 has accelerated speculation of an extended move to the downside. But the cryptocurrency is hiding a bullish catalyst under its sleeves.So it appears, CME futures linked to the bitcoin price have formed a big gap on its daily chart. The missing candle between Friday’s
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In a United States congressional meeting titled “Building Blocks of Change: The Benefits of Blockchain Technology for Small Businesses,” one of the testifying witnesses called out current cryptocurrency taxation expectations for their overbearing complexity. “Doing your taxes for crypto is the worst nightmare,” Protocol Labs General Council member Marvin Ammori
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Major crypto exchange Binance announced that their fiat on-ramp for Turkish Lira is live thanks to a partnership with major Turkish bank Akbank, CryptoX Turkey reported on March 2.Binance users from Turkey can now deposit and withdraw directly through money order or EFT, whether they have an Akbank account
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