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Here’s everything you need to know about Bitcoin’s ‘biggest’ buy signal

Source Node: https://ambcrypto.com/heres-everything-you-need-to-know-about-bitcoins-biggest-buy-signal/
Time Stamp: August 8, 2021 11:00 AM - Modified On: August 8, 2021 - Published By:
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Republished By Plato

To a fair extent, Bitcoin’s price managed to take people from the crypto community by surprise. The market’s largest coin was trading at $43.3k at press time. Before analyzing whether or not Bitcoin would be able to continue its uptrend, let’s deep-dive and decipher the signals exhibited by key indicators. Hash rate trend Until recently, Bitcoin’s hash rate was hovering around its November 2019 lows (86.2 million TH/s). However, this started improving since July. Interestingly, over the past ten days, this metric’s reading has risen from 98 million TH/s to

Bitcoin: What’s the impact of Musk’s ‘but I don’t dump’ claims

Source Node: https://ambcrypto.com/bitcoin-whats-the-impact-of-musks-but-i-dont-dump-claims/
Time Stamp: July 22, 2021 9:30 AM - Modified On: July 22, 2021 - Published By:
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Republished By Plato

“If the price of Bitcoin goes down, I lose money. I might pump, but I don’t dump.” You might have, most definitely, stumbled upon this Elon Musk statement while scrolling through social media today. The market’s largest cryptocurrency witnessed mini-pumps in succession over the past 24 hours owing to Musk’s public appearance on “The B Word.” Riding on the back of Elon Musk’s claims, Bitcoin went on to cross the $32,500-mark. However, the same could not persist for long. Bitcoin pumped, but here’s what traders had to say Bitcoin was back

ChainSwap saga: Platform hit again; MATTER, ROOM, others tank; compensation plan announced

Source Node: https://cryptoslate.com/chainswap-saga-platform-hit-again-matter-room-others-tank-compensation-plan-announced/
Time Stamp: July 12, 2021 4:00 PM - Modified On: July 12, 2021 - Published By:
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Republished By Plato

On Saturday, a hacker attacked the cross-chain decentralized finance (DeFi) platform ChainSwap (ASAP), exploiting a critical vulnerability in its smart contract.Roughly nine days after its latest exploit, which resulted in losses of around $800,000, the project got drained for a significantly larger sum as more than 10 tokens have been impacted.ChainSwap hacker Many projects partnered with the cross-chain platform to bridge tokens between Ethereum (ETH)) and Binance Smart Chain (BSC) were affected, including Umbrella Network (UMB), Antimatter (MATTER), Dafi (DAFI) and Option Room (ROOM), to name a few.The team published a

SEC Crypto Mom Greets Pro-Crypto Acting Chairman

Source Node: https://beincrypto.com/sec-crypto-mom-greets-pro-crypto-acting-chairman/
Time Stamp: December 26, 2020 6:09 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

SEC Commissioner Hester Price tweeted on Dec. 24 her congratulations to fellow commissioner Elad Roisman on his promotion. Congratulations, Chairman Roisman! I look forward to your leadership of the SEC.— Hester Peirce (@HesterPeirce) December 24, 2020 Securities and Exchange Commissioner (SEC) Roisman’s appointment is not official. The SEC and White House have not confirmed the fact. However, Commissioner Price, known to the crypto community as Crypto Mom, did tweet her greetings. Feat of Clayton at SEC The move comes a day after SEC Chairman Jay Clayton announced his immediate departure.

Tether Sets New Records With $20bn+ Market Cap

Source Node: https://beincrypto.com/tether-sets-new-records-with-20bn-market-cap/
Time Stamp: December 18, 2020 1:22 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

USDT is now also the fourth largest crypto by market cap. The news was announced in a Tweet from the company. At the time this article was written, Tether had a market cap of slightly over $20.03 billion. This is down about $10 million from its peak today, according to CoinMarketCap.  Tether has just surpassed a $20B market capitalization! This fantastic milestone is another confirmation for Tether maintaining its number one spot as the most liquid, stable and trusted currency! pic.twitter.com/sorWjzChIo— Tether (@Tether_to) December 18, 2020 Accelerate! Tether’s market cap has

XRP Reverses and Pumps By Nearly 50%

Source Node: https://beincrypto.com/xrp-reverses-and-pumps-by-nearly-50/
Time Stamp: December 18, 2020 10:27 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

While the XRP price has been decreasing since Nov. 24, it reversed its trend on Dec 16, at one point having increased by 50% in less than two days. XRP could correct towards $0.52 and is likely to resume its upward movement afterward. *Note – This article will mostly deal with the short-term movement that has been taking place over the past three days. For a longer-term analysis, please click here. Reversal Leads to Breakout XRP has been falling since Nov. 24, when it reached a high of $0.79. The

ALERT: Malicious Crypto Browser Extension—Masked MetaMask

Source Node: https://ciphertrace.com/alert-malicious-crypto-browser-extension-masked-metamask/
Time Stamp: December 2, 2020 2:56 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

UPDATE: 12/03/2020 The MetaMask phisher continues to buy sponsored ads on MetaMask search results. The company urges users to “use direct links, and if you need to use search, watch out for sponsored links!” Sponsored ads for the fraudulent maskmeha[.]io seem to have been displaced by meramaks[.]io 12/02/2020 Within the past 24 hours, CipherTrace has noticed an uptick of alerts and comments within the online cryptocurrencyA cryptocurrency (or crypto currency) is a digital asset des... More community of users’ funds being stolen via a Chrome browser extension phishing attack posing

Buffett Bought Gold, Will Buy Bitcoin: Morgan Creek Digital Co-Founder

Source Node: https://cointelegraph.com/news/buffett-bought-gold-will-buy-bitcoin-morgan-creek-digital-co-founder
Time Stamp: August 17, 2020 8:42 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Co-founder and partner at hedge fund Morgan Creek Digital, Jason Williams, predicted that famous investor and business tycoon Warren Buffett will buy Bitcoin (BTC).In a tweet sent on Aug. 15, Williams pointed out some of the most recent investment decisions of the American billionaire and predicted that he will end up buying Bitcoin.Buffett sold banks and bought gold. He will buy #Bitcoin soon.— Jason A. Williams🚀 (@GoingParabolic) August 15, 2020Williams was referring to the most recent changes to the portfolio of Berkshire Hathaway, where Buffett is chairman and CEO. Fortune

A Massive Bitcoin Price Move Is Likely Imminent… Again: Here’s Why

Source Node: https://bitcoinist.com/massive-bitcoin-price-move-imminent-again/?utm_source=rss&utm_medium=rss&utm_campaign=massive-bitcoin-price-move-imminent-again
Time Stamp: August 16, 2020 9:00 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Bitcoin has consolidated between $11,000-12,000 over recent weeks. While the consolidation has only lasted for just over two weeks, prices are tightening again. By indicators like the width of the Bollinger Bands, volatility is reaching notable lows yet again. This signals to analysts that a massive Bitcoin price move is likely imminent. Fortunately for bulls, there are many analysts expecting upside due to both technical and fundamental trends. How high Bitcoin rallies in this potential breakout, though, is not yet clear. Bitcoin Could Soon See a Massive Move: Volatility Indicators