CRYPTO NEWS: Latest BITCOIN News, ETHEREUM News, Coinmarketcap News, DEFI News



Five top managers of the CoinMarketCap tracker, including interim CEO Karilyn Chan, have left the company. Spencer Young, Vice President of Product Jeremy Seow, Project Manager Matthew Lipple and Event Manager Jared Chin have resigned along with Chan, The Block reports.
CoinMarketCap CEO Leaves Company

US Stocks To Close For Greater August Earnings Than Bitcoin
While Bitcoin expects August to rise for the first time in three years, the cryptocurrency is still lagging behind US stocks in a month.

Bitcoin is still down 40% from its all-time high of $ 20,000 and looks relatively undervalued compared to US stocks, which are trading at all-time highs even amid the ongoing coronavirus epidemic.
According to Joel Krueger, currency strategist at LMAX Digital, a potential stock correction still poses risks for bitcoin.
Bitcoin lags behind US stocks

Opinion: Explosive DeFi Growth Could Lead To A New Economic Bubble
The developers of the protocols associate the boom in DeFi with the actions of speculators who buy management tokens for their further resale.

The founders of the popular DeFi protocols are concerned that the explosive growth of the decentralized finance industry is driven by trivial greed, which could lead to a market bubble. According to the Decrypt portal, the developers talked about this at the annual Smart Contract Summit 2020.
Opinion: Implications of DeFi Growth

New madness is served on the DeFi table, competing with Uniswap – sushi
A new item has appeared in the table of decentralized finance – SushiSwap.

While some see this as a potential threat to the Uniswap decentralized exchange protocol, others expect it to disappear. However, it records good performance in terms of daily trading volume and total locked value.
Regarding this new item, one commenter described it as “essentially Uniswap, but with its own governance token issued by the LP that generates income from trading fees.”
New Madness – SushiSwap

South Africa May Introduce Tighter Cryptocurrency Tax Rules
Analysts say South Africa’s tax office may impose stricter taxes on crypto asset holders in the country.

Vihann Olivier, partner in the audit arm of Mazars’ international accounting and tax consulting firm in the South African subsidiary, said the country’s tax authorities intend to introduce a number of measures that will attract the attention of crypto traders.
Taxation of cryptocurrencies in South Africa

The cryptocurrency market recorded the longest drop in the share of Bitcoin dominance
In the cryptocurrency market, the concept of the “share of dominance” of Bitcoin may disappear, this parameter dropped to 57% in 2020.

Analysts predict that in 2021 the capitalization of Bitcoin will cease to occupy a dominant position; after 2022, the main cryptocurrency will no longer rise above 50%.
Investors are paying more and more attention to altcoins and Ethereum tokens, in the wake of the development of the decentralized finance industry. Zero rates of the central banks of developed countries force them to look for other, safe ways to place funds in order to make a profit.
Falling share of Bitcoin dominance

Bitcoin whale prepares to crash cryptocurrency on Kraken
Unknown whale deposited over 10,000 bitcoins on Kraken

An unknown large cryptocurrency holder bitcoin transferred almost $ 150 million in a digital asset to the Kraken cryptocurrency exchange in a day
This sharp replenishment of the exchange’s balance is the largest in the summer of 2020.
In the cryptocurrency community, such a sharp inflow of assets is usually regarded as a signal for an upcoming increase in volatility.
Sharp influx of bitcoin on Kraken

Malaysian authorities arrest miners for stealing $ 600,000 of electricity
Officials in the Malaysian state of Johor have shut down two crypto operations.

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24 comments

  1. edward perez

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  2. Надежда Психолог

    Wow nice, Crypto is the future

  3. Александр Сирота

    Bitcoin is good if you can earn them

  4. Thank you for the interesting and useful information. I think it's time to try making money in this area.

  5. louloute1908

    Ethereum has finally begun to push higher as Bitcoin has consolidated in the high-$13,000s. The price of the leading altcoin recently hit $400, the highest price in a number of days despite BTC pushing to new year-to-date highs. Ethereum currently trades slightly below $400 having undergone a slight retracement after tapping that pivotal technical level. In the past 24 hours, ETH is up 3%, making it one of the best performing digital assets in the top 20 by market capitalization. Analysts think that the cryptocurrency could move even higher in the days and weeks ahead which makes accumulating and increasing the coins in your holdings the number one priority now because soon enough the price of bitcoin will be out of the reach of the average Joe, I trade daily and I do it well because I am subscribed to the services of Bryant Miller and with his accurate signals being implemented in my trades I have been able to accumulate 12 btc in just three months and with his online courses on trading also I have become a better and well informed trader. I urge investors to do the same with suitable trade experts like Bryant who can be reached through Telegram (bryantmillertrade) and WhatsApp ( +12 532 317 125 ) and he comes in highly recommended also.

  6. Aptly put, Bitcoin continues to open various avenue in maximizing its usage, a few weeks back Bitcoin reached a much anticipated high of over $12,000 fueled majorly by one factor, i.e the increasing interest among retail and organizational investors to invest in Bitcoin, most investors now even starsh up huge sums of Bitcoin as asset considering the nature of crypto currency. Well personally i think it's always a good time to carry out trading in crypto currencies whether the market is on a surge or otherwise, for me trading should be more concerned with having a good signal and market analysis, since I started trading for myself I've always respected the signals Vincente Sanz provides, Vincente has not only been a good service guarantor, he has also been the reason for the trade success i've been recording lately while trading, Vincente can be reached on watspp (+44 7380 353818 ) and telygram (vincentesanz) . One thing is constant in the volatile market, price would always change.

  7. Xzavier Daquan

    Bitcoin has been flashing signs of overt weakness throughout the past few hours, dropping as low as $10,400 before facing an influx of buying pressure that allowed its price to surge back up to highs of $10,800.
    This may cause it to see some range-bound trading in the near-term, but the price of bitcoin still remains positive as long as it continues defending one crucial support level.
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  9. Kimberly Hervi

    Bitcoin Price Started a corrective wave after a sharp upward move, bitcoin traded close to the $12,000 resistance just recently against the US Dollar, now the asset is trading at $11,290 region. However, now is the best time to trade the little you hodl, for me it's been a massive success because I have been able to achieve nice profits by trading with Crypto Mileage CoinApp. During my first 2 months, I was able to accumulate and grow my portfolio from 5 btc to 12 btc which many will agree is a very good profit ratio.

  10. Crypto is the future

  11. Pearl Davids

    Bitcoin has faced a rather strong resistance after its explosion to the $12,100 highs. At the recent lows, the asset traded as low as $11,000 — around 8% ish below the local highs couple of weeks back. Despite this slight slip and the fact that BTC remains above $11,000, we should all remain bullish on Bitcoin. I think bitcoin could soon move higher to $15,000 in a couple of days. As a crypto tradr the past few weeks has recorded immerse benefits all round, my only regret now is not knowing Howarth Ramsey on time, his top notch slgnals remains the bedrock of the successes recorded in my personal tradlng portfolio. He continues to be an inspiration to all who have been fortunate to have made use of his slgnals. Coach Howarth can be reached on his tele gram(@ Howarthtrade ).. let's be positive in whatever we do.

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