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Monday, August 31, 2020

CryptoCurrency News: Bitsonar Whistleblower Says Law Enforcement Faked His Murder in Attempt to Protect Him



A whistleblower from defunct crypto firm Bitsonar has reappeared after going missing f for three days, saying law enforcement faked his kidnapping and death.

via CoinDesk

CryptoCurrency News: US Stock Market Cap to GDP Reaches 190%, Eclipsing Dot-Com Bubble High



The booming stock market is driven by perception of the Federal Reserve’s commitment to high prices and growing individual trading, but how sustainable is it?

via CoinDesk

CryptoCurrency News: Yearn, YAM and the Rise of Crypto’s ‘Weird DeFi’ Moment



What do these various memecoins do? Here's the rough TL;DR of the latest tokens to top the DeFi charts.

via CoinDesk

CryptoCurrency News: TeraExchange Reinstated as Swap Execution Facility by CFTC Order



The regulatory body had deemed the exchange dormant because it had no trading activity in the three years following its registration with the CFTC.

via CoinDesk

CryptoCurrency News: Federal Jury Indicts Three Accused of Posing as Pastors in Alleged $28M Ponzi Scheme



The accused were also charged by the CFTC and the SEC for allegedly soliciting funds from over 1,000 people for the fake forex and bitcoin trading fund.

via CoinDesk

CryptoCurrency News: Venezuelans Look to Crypto Dollars for Financial Security



Crypto-dollars offer an alternative to unreliable currencies and the dangers of holding physical cash. They just need to be designed for everyday people.

via CoinDesk

CryptoCurrency News: Huobi Futures to Launch Options Trading This Week, Joining Throng Challenging Deribit



Huobi Futures will offer bitcoin options starting Tuesday, aiming to meet demand from traders for ways to hedge against risks in crypto markets.

via CoinDesk

CryptoCurrency News: Blockchain Bites: Ethereum Classic Attacked, Electrum Wallet Drained and Taxable Microtasks



Signature Bank gave out dozens more PPP loans to crypto firms than previously known, Ethereum Classic has suffered another 51% attack and a digital yuan wallet went live and disappeared.

via CoinDesk

CryptoCurrency News: Bitcoin News Roundup for Aug. 31, 2020



With bitcoin still lagging behind U.S stocks and additional tax guidance in the U.S., CoinDesk's Markets Daily is back for your latest crypto news roundup!

via CoinDesk

CryptoCurrency News: Robinhood, Other Online Trading Platforms Having Log-in Issues



The reported outages affect Robinhood, Charles Schwab, TD Ameritrade and others.

via CoinDesk

CryptoCurrency News: Five CoinMarketCap Executives Depart Binance-Owned Firm



Binance plans to replace the executives with its own staff.

via CoinDesk

CryptoCurrency News: Coinbase Adds Marc Andreessen as Board Observer, Replacing Chris Dixon



The high-profile additions come as Coinbase reportedly eyes a public offering.

via CoinDesk

CryptoCurrency News: Russia’s Crypto Mining Farms Would Have to Report to Government Under Proposed Bill



Russian wants all data centers, including mining farms, to report what they do and how they operate. Local experts say that brings risk.

via CoinDesk

CryptoCurrency News: Signature Bank Gave Dozens More PPP Loans to Crypto Firms Than Previously Reported



Signature Bank gave $20 million in PPP loans to roughly 40 firms in the digital asset space. Only nine loans were revealed in public documents last month.

via CoinDesk

CryptoCurrency News: South Korea’s Central Bank Starts Technical Phase for Digital Currency Ahead of 2021 Pilot



The Bank of Korea is seeking a partner to help develop the architecture for a potential central bank digital currency.

via CoinDesk

CryptoCurrency News: First Mover: Huobi Takes on OKEx in Futures, Opening New Front in ‘Chinese’ Rivalry



Huobi is taking on OKEx in the business of bitcoin futures trading, opening a new front in the ongoing rivalry between the two Chinese-led exchanges.

via CoinDesk

CryptoCurrency News: Meet Torus, the One-Click Blockchain Wallet Trying to Make Web3 as Easy as Chrome



Singapore-based Torus Labs has released a Chrome browser extension for its Torus wallet and added a new product called tKey, a custom version of 2FA.

via CoinDesk

CryptoCurrency News: US Stocks Closing on Bigger August Gain Than Bitcoin



While bitcoin is eyeing an August gain for the first time in three years, the cryptocurrency is still lagging U.S. stocks over the month.

via CoinDesk

CryptoCurrency News: Someone Just Lost $16M in Bitcoin By Using a Malicious Install of the Electrum Wallet



An Electrum wallet user claims to have lost a fortune in bitcoin after installing an older version of the software from a malicious source.

via CoinDesk

CryptoCurrency News: Huobi and OKEx Battle for Supremacy in China



Cryptocurrency exchange Huobi is taking aim at competitor OKEx in the business of trading bitcoin futures and other derivatives contracts, opening up a new front in a longstanding rivalry that has historically focused on the lucrative Chinese market.

via CoinDesk

CryptoCurrency News: DeFi Is a ‘Complete Scam,’ Says Controversial Entrepreneur Craig Wright



nChain chief scientist Craig Wright has delivered an obscenity-laden interview discussing decentralized finance and stablecoins, calling such projects a "complete scam" and "illegal."

via CoinDesk

CryptoCurrency News: Cryptocurrency Earned From Carrying Out Microtasks Is Taxable, Says IRS Memo



The U.S. tax department has provided guidance around crypto revenue earned from microtasks via crowdsourcing platforms, and yes, such income is taxable.

via CoinDesk

[FOREX TIP] NZD/CAD Daily Price Forecast – 31st August 2020

NZD/CAD Daily Price Forecast – 31st August 2020

This trade idea was generated by our powerful Elite Swing Trader System on an H4 time frame.

NZD/CAD Daily Price Forecast - 31st August 2020

NZD/CAD Daily Price Forecast – 31st August 2020

Trade Summary:

  • Buy Stop: 0.88289
  • Stop Loss: 0.87822
  • Take Profit: 0.88846

If you spot a mistake especially when it comes to the price, please use common sense and check the chart.

We wish you good luck and good profit for this trade idea.

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The post NZD/CAD Daily Price Forecast – 31st August 2020 appeared first on Advanced Forex Strategies.



from Advanced Forex Strategies

Sunday, August 30, 2020

CryptoCurrency News: Crypto Long & Short: What Changes at the Fed and the SEC Mean for Crypto



Chairman Powell’s speech on Thursday highlighted how much the Fed’s role is changing, and that's an opportunity for the crypto industry.

via CoinDesk

CryptoCurrency News: Maria Bustillos on Tokenizing Journalism, the Death of Civil and Rise of Brick House



An early supporter of the now defunct blockchain-based Civil is taking another swing at a writer-owned media collective. She hasn't lost faith in blockchain.

via CoinDesk

CryptoCurrency News: The Case for $500,000 Bitcoin



The Winklevoss brothers make an argument that, in the long run, bitcoin is the only good safe haven.

via CoinDesk

Saturday, August 29, 2020

CryptoCurrency News: Ethereum Classic Blockchain Subject to Yet Another 51% Attack



The Ethereum Classic blockchain suffered a 51% attack Saturday evening, its third 51% attack this month, according to mining company Bitfly, which also spotted the first attack on Aug. 1.

via CoinDesk

CryptoCurrency News: Mr. Powell, If You Want Higher Inflation, Give People Money



The Federal Reserve wants a little more inflation to keep the economy buoyant. That's hard to achieve when Main Street is so under water.

via CoinDesk

CryptoCurrency News: Oasis Network Announces Chainlink Oracle Integration to Enable Privacy-Focused DeFi Applications



Oasis Network, a privacy-centric data-sharing network, said it will integrate Chainlink’s price feeds into its network.

via CoinDesk

CryptoCurrency News: The End of an Era? Why Bitcoin and MMT Won the Week



Fed Chair Jerome Powell tried to make it seem like the end of an era, but didn’t inspire confidence in the central bank’s ability to lead in the era that comes next.

via CoinDesk

CryptoCurrency News: Chinese Bank Disables Digital Yuan Wallet After Soft Launch Draws Wide Attention



China Construction Bank had quietly opened up the wallet service of China's digital yuan to public users – but has now disabled it shortly after the feature gained wide attention.

via CoinDesk

CryptoCurrency News: Chinese Bank Disables Digital Yuan Wallet After Soft Launch Draws Wide Attention



China Construction Bank had quietly opened up the wallet service of China's digital yuan to public users – but has now disabled it shortly after the feature gained wide attention.

via CoinDesk

Friday, August 28, 2020

CryptoCurrency News: Chainlink Acquires Blockchain Oracle Solution From Cornell University



Chainlink has acquired privacy-focused oracle solution DECO from Cornell University. The data feed system is also drafting a second white paper for the project.

via CoinDesk

CryptoCurrency News: Market Wrap: Bitcoin Climbs to $11.5K With Record Amount in DeFi



Bitcoin made gains Friday, both in price and what's locked in DeFi.

via CoinDesk

CryptoCurrency News: The Anxiety Index: 4 Fear Factors Shaping the Economy



From COVID-19 relapses to election insecurity, these factors drive defensiveness up and demand down.

via CoinDesk

CryptoCurrency News: Blockchain Bites: Winklevoss’ Wild Prediction, Bitcoin Miners’ Horde, Ethereum’s ‘Critical Bug’



Mongolian authorities have limited cheap electricity for crypto miners, Venezuela is seeing crypto use outside government-approved exchanges and a “critical bug” has left 13% of Ethereum nodes useless.

via CoinDesk

CryptoCurrency News: Money Reimagined: From COVID Generation to Crypto Generation



Millennials and Generation Zers have many reasons to embrace crypto and reform the financial system in their own interests.

via CoinDesk

CryptoCurrency News: Robinhood Taps Former Fidellity, Wells Fargo Execs as Compliance Heads



Robinhood announced on Thursday it hired Norm Ashkenas and Kelly Zigatis as chief compliance officers of its Financial and Securities teams.

via CoinDesk

CryptoCurrency News: Bitcoin News Roundup for Aug. 28, 2020



With bitcoin and gold reversing losses, CoinDesk's Markets Daily is back for your latest crypto news roundup!

via CoinDesk

CryptoCurrency News: Fed Chair Powell’s Flexible Inflation Views Were Already Priced In



Federal Reserve Chair Jerome Powell did not raise many eyebrows Thursday morning when he announced the U.S. central bank would encourage some periods of inflation above its 2% target in certain circumstances to boost the long-term economy.

via CoinDesk

CryptoCurrency News: Energy Giant Equinor to Cut Gas Flaring With Bitcoin Mining: Report



Equinor will use digital flare mitigation tech from Crusoe Energy at its Bakken oilfield operations in the U.S.

via CoinDesk

CryptoCurrency News: Japanese Financial Giant SBI Holdings Launches Short-Term Crypto Derivatives



Already live on SBI's forex trading platform, the contracts for difference (CFDs) are available in bitcoin, ether and XRP flavors.

via CoinDesk

CryptoCurrency News: First Mover: Binance’s Shrinking Trading Spreads and Bitcoin’s Jackson Hole Fizzle



Traders are getting better fills due to shrinking bid-ask spreads on Binance and other cryptocurrency exchanges. It's a sign of a healthy market.

via CoinDesk

CryptoCurrency News: Bitcoin, Gold Recover After Jerome Powell Speech Shakes Markets



Bitcoin and gold are reversing losses seen on Thursday after the Federal Reserve's announcement of a more relaxed approach to tackling inflation.

via CoinDesk

CryptoCurrency News: Winklevoss Brothers Say Bitcoin Could Reach $500K as the ‘Only’ Long-Term Inflation Hedge



"Bitcoin is ... the only known commodity in the universe that has a deterministic and fixed supply," the Winklevoss brothers wrote in a blog post saying the cryptocurrency may one day hit $500,000.

via CoinDesk

CryptoCurrency News: Data Ownership Should Be About Software, Not Lawsuits



Andrew Yang's "Data Dividend" and the EU's GDPR are not enough to put users back in control of their data.

via CoinDesk

CryptoCurrency News: Binance’s Bitcoin ‘Bid-Ask Spreads’ Tighten as Cryptocurrency Markets Mature



The narrowing gap between bitcoin buy and sell orders on big exchanges like Binance shows an increasing depth to cryptocurrency markets.

via CoinDesk

CryptoCurrency News: DeFi Studio Framework Labs Leaves Stealth Mode With $8M in Seed Funding



Framework Labs says it's already playing a key role in projects including Uniswap and Chainlink.

via CoinDesk

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