As Chainlink (LINK) reaches a new all-time high after all-time high, it would be expected to see a similar move on Tezos (XTZ). This is because these two coins have been moving in tandem in recent years and have been one of the few resilient digital tokens despite the cryptocurrency bear market during the period.
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With Bitcoin pumping, major altcoins flying, and new all-time highs being set, the crypto market fear and greed index is tapping highs not seen in over a year. In fact, the metric has achieved the second-highest reading in the index’s history. What does soaring crypto market greed potentially reveal about where the current uptrend stands?
Liechtenstein’s Financial Market Authority (FMA) has reportedly pulled the plug on an alleged application to bring Binance CEO Changpeng Zhao on as a major shareholder in a distressed domestic bank. As reported by Swiss financial news outlet Inside Paradeplatz on Aug. 10, the FMA rejected the purported application and also declined to approve an extension
Timothy Peterson, a chartered alternative investment analyst, says Chainlink (LINK) token could be valued at $32 by the end of 2020. Peterson’s comments come just days after LINK rallied by 88% over the course of two weeks. The explosive growth of the Decentralized Finance (DeFi) market is thought to be one of the primary factors
Ethereum and Bitcoin advocates have engaged in spirited Twitter exchange since Friday to answer an ostensibly simple question: What’s the total supply of ether? It’s not quite clear where the question originated. But providing one agreed-upon value for Ethereum’s native currency, ether (ETH), proved contentious enough to warrant new code. “Adding a proper total supply
A resident from Lincolnshire, United Kingdom, was accused by local authorities of attempting to blackmail the supermarket chain, Tesco. According to The Yorkshire Post, Nigel Wright, a sheep farmer, allegedly wrote Tesco a series of letters claiming that he had planted contaminated baby food in their supermarket stores. He then allegedly offered to reveal the
In a Cointelegraph interview, Adam Back provided additional clarity on his perceived Bitcoin (BTC) maximalism. Blockstream’s CEO believes that Bitcoin is enough and there is no need for a multitude of derivative projects. Back said, “I think it’s like TCP/IP the internet exists. We don’t need 5800 TCP/IP copies trying to monetize and profiteer off
Bitcoin price is on fire again, after spending three full months trading sideways. After busting through resistance at $10,000 and out of its downtrend, the asset quickly rocketed to over $12,000. Still, one economist says that this is just the “super early days” of Bitcoin’s next uptrend. And the monthly crypto chart shows that this
A major financial watchdog in Russia is developing a new cryptocurrency analytics tool to trace major cryptos like Bitcoin (BTC) and privacy coins. Russia’s Federal Financial Monitoring Service, a federal service combating money laundering and terrorist financing, is reportedly planning to build a new analytics platform for tracking cryptocurrency transactions via artificial intelligence, or AI.
India is the hub for call center scams. Call it a lack of strict regulatory measures to stop such activities or the scammers’ resilience to start over every time their business is busted, but call center scams have only grown more prevalent in the country. With cryptocurrencies slowly gaining ground in the subcontinent, groups of
Launched by software engineers from Porsche and NEAR Protocol, 1inch has raised $2.8 million in a funding round led by Binance Labs. The platform was launched at the ETHGlobal hackathon last year as a liquidity aggregator connecting multiple decentralized exchanges (DEXs). This summer, it reported passing $1 billion threshold in the total volume of tokens
Bitcoin (BTC) is copying what it did a year before its $20,000 all-time highs and the new bull market has been here for over a year already. That was according to popular statistician Willy Woo, who this week shed further light on Bitcoin’s current price gains. Woo: Bitcoin “early main bull phase” began recently In
A judge has sentenced Australian citizen Kathryn Nguyen to a maximum time of 2 years and 3 months in prison for her role in stealing more than 100,000 XRP tokens in January 2018. According to an Aug. 11 report in Australian publication Information Age, Nguyen was sentenced over the theft of more than $300,000 in
Bitcoin bounced back sharply after testing the $11,500 support zone against the US Dollar. BTC is likely to accelerate higher above $12,000 as long as it is above the 100 hourly SMA. Bitcoin is trading well above the $11,800 and $11,500 support levels. The price is facing a couple of hurdles near the $12,000 and
The Belarus presidential election ended with mass protests and a nationwide internet outage. The country went offline on Sunday during its presidential election. Major social networks and message sites including Viber, Telegram, Facebook, Twitter and Instagram were inaccessible, as were local news outlets. Following weeks of tension, people streamed into the streets of the capital
Traders prefer to trade a trending market as it generally moves in one direction and the retracements offer low-risk entry opportunities. This is because a trade that follows the major trend carries a greater possibility of earning profits than one in a volatile market. As several cryptocurrencies started a trending move in July, web traffic