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Analysts Expect Chainlink (LINK) Reversal After 50% Eruption to $14

Source Node: https://bitcoinist.com/analysts-chainlink-link-reversal-after-eruption-14/?utm_source=rss&utm_medium=rss&utm_campaign=analysts-chainlink-link-reversal-after-eruption-14
Time Stamp: August 9, 2020 6:00 PM - Modified On: May 21, 2021 - Published By:
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Chainlink (LINK) has erupted higher in the past week, recently crossing above $14 for the first time ever. The asset trades at $14.40 as of this article’s writing, which means that it is up by approximately 20% in the past 24 hours. The asset’s outperformance comes as Bitcoin, Ethereum, and other major crypto-assets have stalled at local highs. LINK is prepared to drop from here, say some analysts as certain technicals suggest the bull trend is weakening. Chainlink Could See a Bearish Reversal, Analysts Say Hands down, Chainlink (LINK) has

Top 5 Slots That Will Make You Feel Wild

Source Node: https://bitcoinchaser.com/slots-that-will-make-you-feel-wild/
Time Stamp: August 9, 2020 9:50 AM - Modified On: May 21, 2021 - Published By:
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An Official North Dakota Cryptocurrency Could Be on the Horizon

Source Node: https://cointelegraph.com/news/an-official-north-dakota-cryptocurrency-could-be-on-the-horizon
Time Stamp: August 7, 2020 5:09 PM - Modified On: May 21, 2021 - Published By:
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Rep. Nathan Toman believes that an official "North Dakota coin" could potentially help the state's struggling economy in the wake of COVID-19, an Aug. 7 article from Inforum said. "That was my hope, but we're a little bit late to the game on doing something like that," Toman told Inforum regarding COVID-19 and the potential state-sanctioned Blockchain asset.Backed by aspects such as state-held precious metals and property, Toman told Inforum he sees the such an asset positioned as more of a store of value than a transactional currency. He additionally believes

The Bulls Are Back in the Digital Asset Market

Source Node: https://www.bitcoinmarketjournal.com/the-bulls-are-back-in-the-digital-asset-market/
Time Stamp: August 3, 2020 3:03 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Hope you had an excellent weekend. It’s become a bit of a rarity lately while bitcoin was sitting flat, but now that crypto is in a bull market again, I suppose it makes sense to see some volatility over the weekend. Hope it’s not surprising to anyone. Stocks are moving up, precious metals are marching higher, and capital is flowing toward new age financial technology in a way that we’ve never really seen before. There’s a lot more liquidity these days, and it has been floating into all sorts of

The Scam and Fall of YFI Clones

Source Node: https://beincrypto.com/the-scam-and-fall-of-yfi-clones/
Time Stamp: August 3, 2020 11:44 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

After the success of yEARN finance (YFI), a yield farming token which saw a rise in price from $35 to over $4000, a number of cryptocurrencies are trying to copy its success. These include the likes of YFFI, YFII, and Asuka, however, they’ve all witnessed 100% drops and a conspicuous exit scam. Encouraging Words Fueled by DeFi platforms where any token with an address can be traded for anything else, these are the days of Wild West token swaps. To clone the YFI token, developers only had to copy code

What is Serum? A DeFi Derivatives DEX Guide

Source Node: https://www.asiacryptotoday.com/serum-srm-guide/
Time Stamp: August 3, 2020 5:54 AM - Modified On: May 21, 2021 - Published By:
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DeFi-based exchanges have seen wild success in 2020 thanks to yield farming, which has incentivized hundreds of thousands of users to provide liquidity to these platforms. With that being said, DEXs are still a far-cry from centralized exchanges in both UI and UX. Serum is here to change all that. Serum is a protocol that claims to be “pure DeFi” as they have managed to address a lot of issues the space is facing. Most of the users in DeFi today are not traders but yield farmers. Yield farmers are

Why Analysts Expect Ethereum to See Further Downside Following Intense Selloff

Source Node: https://bitcoinist.com/why-analysts-expect-ethereum-to-see-further-downside-following-intense-selloff/?utm_source=rss&utm_medium=rss&utm_campaign=why-analysts-expect-ethereum-to-see-further-downside-following-intense-selloff
Time Stamp: August 2, 2020 3:00 PM - Modified On: May 21, 2021 - Published By:
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Ethereum witnessed some intense overnight volatility that caused its price to slide as low as $300 This intense selling pressure came about in tandem with that witnessed by Bitcoin – which caused its price to slide down to lows of $11,000 Analysts are now noting that ETH may be positioned to see further downside due to the strength of this movement Although it has found some support and stability within the mid-$300 region, weakness against its BTC trading pair may also drag it lower Ethereum and the entire cryptocurrency market

If Bitcoin Hits $8K, What Will Happen Next?

Source Node: https://cointelegraph.com/news/if-bitcoin-hits-8k-what-will-happen-next
Time Stamp: April 9, 2020 12:48 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin has been holding above $7K, but where will its next move take it? Many investors are eyeing $8K as a key level for continuing Bitcoin’s upward momentum and possibly pushing it into a bull market. However, a couple traders believe Bitcoin could easily make a reversal in the near future and plummet back down to $3K. BBC featured trader Charlie Burton and co-founder of Genesis Block HK Clement Ip weighed in on Bitcoin’s short term and long term future in Cointelegraph’s latest crypto market discussion video.Will Bitcoin Make it

COVID-19 Has Reduced the Risk of a Post-Halving Price Dump

Source Node: https://cointelegraph.com/news/covid-19-has-reduced-the-risk-of-a-post-halving-price-dump
Time Stamp: April 9, 2020 12:15 AM - Modified On: May 21, 2021 - Published By:
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The recent COVID-19 market crash has reduced the risk of a halving price dump and could have set up a Bitcoin bullrun, some cryptocurrency experts believe.Earlier today Chainalysis brought together a group of industry experts for an online panel to discuss the impact of COVID-19 on Bitcoin and what it means for the future.Chris Bendikson, Head of Research at CoinShares, said he believed the recent price crash in March had prepared miners early for the halving, which will reduce the sudden impact it could have had on their profitability. Those