Ethereum’s spot setup looks grim, but derivatives data tells a different story
Ether price is stuck in a rut, but derivatives data shows pro traders are bullish even with ETH below $3,000. Go to Source Powered by WPeMatico
Month: September 2021
Robinhood Testing New Crypto Wallet and Cryptocurrency Transfer Features: Report
Stock trading and investing app Robinhood has reportedly been testing new features, including a crypto wallet and cryptocurrency transfers. “The ability to deposit and withdraw cryptocurrencies is tricky to do with scale, and we want to make sure it’s done correctly and properly.” Robinhood to Add Crypto Wallet and Transfer Features Investing app Robinhood is … Read more
Smart contracts are coming to Bitcoin through Dfinity’s Internet Computer
Efforts to expand Bitcoin’s functionality for payments, smart contracts and Web 3.0 are well underway, opening the door to wider mainstream adoption. Go to Source Powered by WPeMatico
SEC chair compares stablecoins to casino poker chips
“We’ve got a lot of casinos here in the Wild West, and the poker chip is these stablecoins at the casino gaming tables,” said Gary Gensler. Go to Source Powered by WPeMatico
Avalanche Defi Platform Vee Finance Attacked — $35 Million in ETH, BTC Siphoned
On September 21, 2021, an Avalanche-based decentralized finance (defi) platform Vee Finance announced that it suffered from an incident that siphoned 8,804 ether and 213 bitcoin out of the system. The team has suspended the defi platform contracts and stressed that the stablecoins have not been “affected by the attack.” Defi Project Vee Finance Suffers … Read more
Fear & Greed Index suggests Bitcoin’s price is undervalued
The technical analysis tool is popular amongst crypto traders hopeful of securing an insight in the markets psyche. Go to Source Powered by WPeMatico
US Treasury Dept sanctions crypto OTC broker Suex for alleged role in facilitating transactions for ransomware attacks
The government agency hinted at possible additional sanctions for “financial institutions, cyber insurance firms, and companies involved in digital forensics and incident response” that facilitated ransomware payments. Go to Source Powered by WPeMatico
Ethereum ‘head & shoulders’ chart pattern puts ETH price at risk of dropping to $2K
The bearish setup positions Ethereum price to extend the decline toward $2,000. Go to Source Powered by WPeMatico
DeFi’s potential means more institutional demand for next-gen tokens
Ether’s impressive YTD gains have largely been overshadowed by the profits accrued by other smart contract-enabled projects. Go to Source Powered by WPeMatico
Coinbase Abandons Plan to Launch Lend Program After SEC Threatens Lawsuit
The Nasdaq-listed cryptocurrency exchange Coinbase has dropped its plan to launch a lending program after the U.S. Securities and Exchange Commission (SEC) threatened to sue the company. Coinbase Will Not Launch Lending Program Coinbase announced Friday that it has decided not to launch the Lend program. The exchange wrote: Our goal is to create great … Read more
