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Flipstarter Campaign Launched to Create Viral BCH Videos for Normies

Source Node: https://cointelegraph.com/news/flipstarter-campaign-launched-to-create-viral-bch-videos-for-normies
Time Stamp: August 12, 2020 12:48 AM - Modified On: May 21, 2021 - Published By:
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Bitcoin Cash (BCH) advocate and CEO of BitcoinBCH.com, Hayden Otto, has launched a fundraising campaign to create viral videos promoting BCH to mainstream audiences — after failing to win over crypto converts to the cause.The last video produced by Otto garnered more than 100,000 views across various social platforms. He was also behind a controversial viral video last year showing a Bitcoin double spending exploit of the Binance-backed TravelbyBit payment networkThe campaign aims to raise 650 BCH (nearly $180,000) and has garnered 192.52 BCH (roughly $53,000) in donations already in

CoinShares: ‘Bitcoin Is Like a Risky Tech Stock’’

Source Node: https://cointelegraph.com/news/coinshares-bitcoin-is-like-a-risky-tech-stock
Time Stamp: August 12, 2020 12:17 AM - Modified On: May 21, 2021 - Published By:
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Bitcoin acts more like a tech startup stock than digital gold — with investors reaping big rewards if it works but potentially losing everything if the crypto asset fails.That’s the conclusion of an Aug. 10 report from digital asset manager CoinShares titled A Little Bitcoin Goes a Long Way. In it authors James Butterfill and Christopher Bendiksen argue that the fact Bitcoin (BTC) “starting its life at a price of zero” gave it a stellar reputation.“If it reaches its potential, the value could be immense,” the report stated.“At the same

Surging Interest in ‘Yam’ Yield Farming — But Is It Too risky?

Source Node: https://cointelegraph.com/news/surging-interest-in-yam-yield-farming-but-is-it-too-risky
Time Stamp: August 11, 2020 11:38 PM - Modified On: May 21, 2021 - Published By:
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The latest craze in the DeFi sector is a new yield farming protocol called Yam which promises ‘equal opportunity’ staking with no premine, no founder shares, and a zero value token at launch.The experimental Yam Protocol is the talk of Crypto Twitter right now — with many excited about the big potential returns, while others worry about the risks. The recently launched project offers an elastic supply token, similar to Ampleforth, that can expand and contract depending on market conditions, with the aim of seeking eventual price stability and a peg

A Crypto Trader Thinks Ethereum Could Plunge Towards $300 as Momentum Slows

Source Node: https://bitcoinist.com/ethereum-could-plunge-towards-300/?utm_source=rss&utm_medium=rss&utm_campaign=ethereum-could-plunge-towards-300
Time Stamp: August 11, 2020 9:00 PM - Modified On: May 21, 2021 - Published By:
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After Bitcoin and Ethereum attempted to surge past $12,000 and $400, respectively, the momentum has tapered off. Over the past day, the leading cryptocurrencies have plunged lower despite a weakening U.S. dollar. As of the time of this article’s writing, ETH is down 2.85% in the past 24 hours and now trades for $385. Analysts say that Ethereum is primed to move towards $300 as last week’s highs hold as resistance. The bearish sentiment can be corroborated by the trajectory of gold, which has flipped negative after a strong rally

Here’s the Crucial Trading Range That Will Determine Bitcoin’s Macro Outlook

Source Node: https://bitcoinist.com/heres-the-crucial-trading-range-that-will-determine-bitcoins-macro-outlook/?utm_source=rss&utm_medium=rss&utm_campaign=heres-the-crucial-trading-range-that-will-determine-bitcoins-macro-outlook
Time Stamp: August 11, 2020 7:00 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin has been caught in a firm consolidation phase but is now showing some signs of weakness The cryptocurrency is currently pushing down towards its key support within the mid-$11,000 region as its bulls falter There is currently a massive trading range that analysts are closely watching Which of the range boundaries that the crypto breaks above – or below – first will likely offer significant insight into its near-term trend Some respected traders are also gearing up to short the upper end of this trading range This is a

Tron (TRX) Forms Textbook Bear Signal Despite Rally in the Altcoin Market

Source Node: https://bitcoinist.com/tron-trx-textbook-bear-signal-despite-rally-altcoin-market/?utm_source=rss&utm_medium=rss&utm_campaign=tron-trx-textbook-bear-signal-despite-rally-altcoin-market
Time Stamp: August 10, 2020 9:00 PM - Modified On: May 21, 2021 - Published By:
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Tron (TRX) has been a sleeper cryptocurrency over the past few weeks. While it has rallied like many other digital assets like Bitcoin and Ethereum, TRX has not been focused on by many analysts. According to the Tom Demark Sequential, the popular altcoin is on the verge of reversing to the downside after a multi-day rally. Analysts beg to differ, arguing that Tron is actually on the verge of a massive upswing triggered by months of consolidation. Tron may be further suppressed by Bitcoin, which may lead the crypto asset

Bitcoin May Start a New Consolidation Trend After Facing Another $12k Rejection

Source Node: https://bitcoinist.com/bitcoin-may-start-a-new-consolidation-trend-after-facing-another-12k-rejection/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-may-start-a-new-consolidation-trend-after-facing-another-12k-rejection
Time Stamp: August 10, 2020 7:00 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin is currently consolidating beneath $12,000 after facing a slight rejection at this level overnight The cryptocurrency has been struggling to break above this resistance for over a week One analyst is now noting that the resistance here may hold strong for the days to come, with BTC now kicking off a new consolidation phase Once the benchmark digital asset can break above this level, analysts are noting that a move to $13,000 will likely take place rapidly Bitcoin is currently facing some lackluster price action as it trades just

DeFi Tokens BAND, LINK, Outpace Bitcoin Price by Gaining 100% in 10 Days

Source Node: https://cointelegraph.com/news/defi-tokens-band-link-outpace-bitcoin-price-by-gaining-100-in-10-days
Time Stamp: August 10, 2020 5:35 PM - Modified On: May 21, 2021 - Published By:
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This week Bitcoin (BTC) price is making waves as the digital asset finally pushed above the $12K mark, but prior to this move, altcoins have been strongly outpeforming BTC for weeks. Two of the most notable performers are Band Protocol (BAND) and Chainlink (LINK) as both surged by 348% and 88% in the past ten days. Each functions as an oracle blockchain network that supplies data to Decentralized Finance (DeFi) applications.Since the start of August, BAND price rose from $3.9 to as high as $17.78 and in the same period, LINK

Bitcoin Bulls Fight for Key Resistance as Analysts Target Rally to $14k

Source Node: https://bitcoinist.com/bitcoin-bulls-fight-for-key-resistance-as-analysts-target-rally-to-14k/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-bulls-fight-for-key-resistance-as-analysts-target-rally-to-14k
Time Stamp: August 10, 2020 2:00 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin has witnessed some immense turbulence throughout the past few weeks, but has mostly been seeing a consolidation phase throughout the past several days The cryptocurrency is now battling to surmount $12,000 – a resistance level formed just over one week ago This level has been briefly surmounted on multiple occasions, but each time has been followed by an influx of selling pressure that sends it lower The cryptocurrency is now at a pivotal point, as analysts are noting that a break above this level could be all that is