The price of Enjin, the native token of the blockchain gaming and NFT-focused project, has surged by more than 30% in the last 24 hours. There are three major factors behind ENJ’s strong short-term uptrend, namely the Coinbase listing, technical momentum, and the interest around JumpNet. ENJ price chart since December 2020. Source: TradingView.com Coinbase
The Ripple community has launched a new petition to “stop the war” on XRP. Crypto & Policy founder Thomas Hodge has started a Change.org petition directed at Securities and Exchange Commission chair nominee Gary Gensler, asking him to end the SEC’s lawsuit against Ripple once he’s confirmed as chairman of the commission. Announcing the news Wednesday,
Cryptojacking activity seems to be losing momentum, specifically types that mine monero, as a recent report unveiled a slowdown in the illicit crypto-mining activities in the cloud. A threat intelligence firm compiled the results. Report Focused on Cryptojacking Incidents With Monero According to Unit 42 in their “Cloud Thread Report,” cryptojacking attacks have been decreasing
Blockchain-based sports platform Chiliz has sealed an equity investment of an undisclosed amount from Chicago-based trading firm Jump Trading LCC. Jump Trading — a proprietary trading firm founded 20 years ago by Chicago futures pits veterans Bill DiSomma and Paul Gurinas — has been engaged for some time in the cryptocurrency space, alongside its wider
A wave of selling took command of the cryptocurrency market on April 7 after Bitcoin (BTC) price dropped below $56,000. The market-wide sell-off led to $1.4 billion in liquidations and some analysts suggested that this could be the final sweep out of overleveraged long traders before Bitcoin can make a run higher to the $70,000 level.
PayPal co-founder and venture capitalist, Peter Thiel, has warned that the Chinese central government may be supporting Bitcoin as a means to undermine the foreign and monetary policy of the United States. But, he added, it has tried to use the Euro the same way. Speaking at a virtual event hosted by conservative non-profit, the
According to CoinShares, the institutional inflow into crypto products hit $4.5 billion in Q1, which is 11% higher than the intake seen in Q4 2020. This shows that institutional interest is on the rise but the quarter-on-quarter growth has slowed down from the 240% recorded in Q4 2020. As Bitcoin price moves higher, more funds
A South African cryptocurrency exchange, Ice3x, announced on April 6, that it will permanently stop operations, less than a month after suspending bitcoin and litecoin withdrawals. Ice3x, which one of the oldest crypto exchange in that country, says it came to this decision after lawyers advised the firm to start liquidation proceedings. ‘Extreme Pressure’ In
✅ Invest in Cryptocurrency safely and securely: https://bit.ly/CoinbaseCryptoFree *This is an ad. Minority Mindset is a paid partner with Coinbase Subscribe To Our Channel: http://bit.ly/M2YouTube 🚨FREE Stock Market Guide & Newsletter🚨 Download it here: https://www.theminoritymindset.com/moneyguide/ Recommended: How To Build Wealth This Year: https://youtu.be/ZMFTsZraau0&list=UUT3EznhW_CNFcfOlyDNTLLw Beginners Guide To Cryptocurrency: https://theminoritymindset.com/blog/beginners-guide-cryptocurrency/ The TRUTH About Investing In BITCOIN 2021
The price of Bitcoin (BTC) has been under severe selling pressure by whales for the past two months as on-chain data reveals. However, five key indicators are suggesting that major sellers are about to turn into hodlers or even accumulators of Bitcoin again while institutional demand remains high. This is an explosive setup that may
Rune Christensen, co-founder of DeFi bluechip MakerDAO, says the decentralized finance space is set to move from its current isolated bubble phase towards more integration with the broader financial landscape. Christensen made this known during Tuesday’s plenary session “Behind the Decentralized Finance Hype” at the ongoing Global Technology Governance Summit organized by the World Economic
Bitcoin (BTC) extended its price drop on April 7 amid warnings that excessive long positions needed to be flushed out to allow for fresh gains. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview BTC price barely clings to $56,000 support Cointelegraph Markets Pro and TradingView showed BTC/USD hitting new local lows of $55,760 during Wednesday trading. A
The crypto market seems to be once again heating up, with Bitcoin (BTC) flirting with the $60,000 mark for almost a week now. However, despite its bullish outlook, the flagship crypto has failed to steer clear of the aforementioned price range with any sort of conviction, even though it did break through once, albeit for
Github services is under investigation after a series of reports on attacks against one of its infrastructures by running unauthorized crypto mining apps. Cybercriminals allegedly exploited some security flaws that could have been exploited to mine cryptos illicitly. Attacks Exploit ‘Github Actions’ According to The Record, a Dutch security engineer, Justin Perdok, detected a cyberattacker
On March 24, the price of Polkadot’s DOT token corrected by 23% in a brief six-hour period, resulting in $174 million in liquidations across the futures market. This swift downside move also cut the aggregate open interest by 26%. Now that DOT’s open interest is climbing to a new record high at $1 billion, investors may be
One telltale sign of a growing altcoin season is when obscure and lesser-known projects start putting on face-melting gains as traders scramble to jump on the rising price. New Kind of Network (NKN) has emerged over the past month as one of these surprise gainers, increasing 1,400% from a low of $0.052 on March 8
Former BitMEX CEO Arthur Hayes surrendered to U.S. authorities in Hawaii on Tuesday, six months after federal prosecutors first levied charges against him and three fellow BitMEX executives. In a statement, Hayes’ lawyers described the Singapore resident as “a self-made entrepreneur who has been wrongly accused of crimes that he did not commit,” adding: “Mr.
Bitcoin (BTC) has been trying to break the $60,000 resistance for the past 23 days. Generally, investors don’t seem too worried about this as they consider it a healthy consolidation period, and even recent analysis from JPMorgan Chase estimates that BTC price will reach $130,000. Even as most investors expect Bitcoin price to rise above
Bitcoin bulls are still struggling to push the price to a new high but the positive sign is that BTC has not corrected sharply in the past few days and the top-ranked cryptocurrency has held a market capitalization above $1 trillion since March 26. While many are wondering what Bitcoin’s next move will be, a Bloomberg Intelligence report
Playboy the American men’s lifestyle and entertainment magazine created by Hugh Hefner is joining the non-fungible token (NFT) craze. While the company used to mint Playboy collectible keys for fans to gain access to the mansion, Playboy now plans to offer collectibles in the cryptographic form. Playboy’s Chief Brand Officer: NFTs Present ‘an Enormous Business
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