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Crypto News

'Best bear market ever' — 5 things to watch in Bitcoin this week

Cointelegraph - 5 minutes ago

A fresh BTC price dip to $45,000 clashes with bullish forecasts across the board as Bitcoin traders lie in wait for an October rebirth.

JPMorgan Strategist Estimates Ether’s Fair Value at $1,500 Amid Competition From ‘Ethereum Killers’

Bitcoin.com News - 5 minutes ago

A strategist at JPMorgan stated that ether’s fair value is way lower than its current price. According to a set of measurements based on network activity, he calculated ether’s value at $1,500, 55% lower than its market price. One of the reasons argued for this assessment, is that Ethereum is not so unique anymore, and it is facing tough competition from other chains like Solana and Avalanche. JPMorgan Strategist Thinks Ether Is Overvalued Nikolaos Panigirtzoglou, Managing Director of JPMorgan, stated that he thinks ether (ETH), the native asset of the Ethereum network, is grossly overvalued. Panigirtzoglou took several measures of network activity and tried to translate them into a number that represented the fair value of the asset. He and his team estimated ether’s fair value at ...

🔴 Fake News Moves Market | This Week in Crypto – Sep 20, 2021

99 Bitcoins News - 1 hour ago

The post 🔴 Fake News Moves Market | This Week in Crypto – Sep 20, 2021 appeared first on 99 Bitcoins.  Fake Walmart news crashes the crypto market, Revolut pays for office space in Bitcoin … 🔴 Fake News Moves Market | This Week in Crypto – Sep 20, 2021 Read More »

Optimism announces upgrades enabling ‘one-click’ roll-up deployment

Cointelegraph - 1 hour ago

As competition between layer-two scaling solutions heats up, Optimism has announced one-click roll-up deployments.

Latest DeFi hack targeting BSC sees $12.7M in Bitcoin stolen from pNetwork

Cointelegraph - 1 hour ago

Roughly $12.7 million worth of tokenized Bitcoin has been stolen from the BSC-based cross-chain composability platform pNetwork.

Coinbase signs new $1.36M contract with US Customs enforcement agency

Cointelegraph - 2 hours ago

Coinbase has inked its second deal to develop software for the U.S. Immigration and Customs Enforcement agency since August.

GBP/USD Remains At Risk, USD/CAD Gains Momentum

FXOpen Forex Blog | Forex trading, cryptocurrency trading - 2 hours ago

GBP/USD started a fresh decline below the 1.3850 support. USD/CAD rallied and it was able to clear the 1.2750 resistance zone. Important Takeaways for GBP/USD and USD/CAD · The British Pound started a major decline below the 1.3850 and 1.3800 support levels. · There is a key bearish trend line forming with resistance near 1.3770 on the hourly chart of GBP/USD. · USD/CAD started a major increase after it cleared the 1.2700 and 1.2720 levels. · There was a break above a contracting triangle with resistance near 1.2680 on the hourly chart. GBP/USD Technical Analysis After struggling to clear the 1.3900 resistance, the British Pound started a major decline against the US Dollar. The GBP/USD pair broke the 1.3850 support level to move into a bearish zone. The bears gained strength and were...

Crypto Market Forecast: Week of September 20th 2021

Brave New Coin News - 3 hours ago

A curated weekly summary of forward-focused crypto news that matters. This week, Bitcoin outperforms most large cap altcoins, Coinbase announces a bumper bond sale to raise new funds, and PayPal launches crypto services in the UK.

Russian Court Confirms Arrest Warrants for 3 Finiko Founders

Bitcoin.com News - 3 hours ago

Tatarstan’s highest court has rejected appeals against arrest warrants issued for three co-founders of the notorious Finiko crypto pyramid. The top representatives of the Ponzi scheme, accused of large-scale fraud in Russia, are still hiding abroad, media reports reveal. Three Finiko Ponzi Scheme Members Still Wanted The Supreme Court of Tatarstan, a republic of the Russian Federation, has confirmed the arrest warrants issued in absentia for Zygmunt Zygmuntovich and Marat and Edward Sabirov. The three wanted men are close associates of Finiko’s founder Kirill Doronin. Doronin, an Instagram influencer whose name has been linked to other fraudulent schemes, was arrested in July. Then in September, authorities detained the pyramid’s vice president, Ilgiz Shakirov, as well as two women,...

Cross-Chain Bridges That Connect 5 Different Blockchains to Ethereum

Bitcoin.com News - 5 hours ago

During the last few months, cross-chain bridge technology has grown a great deal and users can now swap assets between a myriad of networks. Today, between eight different bridges there’s $7.6 billion total-value locked across these platforms. Cross-Chain Bridges There’s a decent quantity of cross-chain blockchain bridges these days and it has allowed users to do a variety of different decentralized finance (defi) techniques. Interestingly, a great deal of bridges connect to the Ethereum (ETH) network, as they have Ethereum Virtual Machine (EVM) compatibility. Since these connections have been made, a great deal of value has been flowing between a myriad of chains and the Ethereum blockchain. The following post mentions a number of bridges cryptocurrency participants can use to achiev...