The long-awaited EIP-1559 upgrade is just 26 days away now. The long-awaited London upgrade for the Ethereum network is edging closer as the code was deployed to the final testnet this week. Ethereum’s London hard fork, which will usher in the EIP-1559 upgrade, has now been scheduled for August 4 following the launch on the […]
EU eyes new money laundering regulator and stricter crypto reporting requirements
The new Anti-Money Laundering Authority would comprise the “centerpiece” of a new supervisory system that would include national regulators. The European Union is looking to launch a new agency designated with cracking down on money laundering at the regional level, with increased reporting requirements around crypto transactions listed among its principal objectives. A July 8 […]
Visa and 50 Crypto Platforms to Enable Cryptocurrency Payments at 70 Million Merchants
Visa Inc. announced Wednesday that the transactions via crypto-linked Visa cards exceeded $1 billion in the first quarter. The company further said that it is partnering with 50 major cryptocurrency platforms “to launch card programs that make it easy to convert and spend digital currency at 70 million merchants worldwide.” Visa Announces $1 Billion in […]
Taleb’s Fragile Bitcoin Logic
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Play The Long Game
Directionless and low volume conditions continue across the cryptocurrency landscape This Week in Crypto In recent weeks, Bitcoin and the wider crypto complex has shown greater weakness, with price action for BTC failing to make sustained moves into the upper end of its recent 30–40k range as the market continues to absorb two primary bearish drivers: […]
Bitcoin Exchange Flows Reach 5-year Lows As miner Revenues Soar
Interest in bitcoin and the crypto industry at large is at record lows as lockdowns are lifted and people spend more time in the sun. While correlation does not equal causation, bitcoin exchange flows have also reached 5-year lows, all the while hedge funds quietly enter the market. At the same time, miner revenues have witnessed […]
Cardano CEO: progress is exactly where it needs to be, Alonzo is coming
In a recent video, Cardano founder Charles Hoskinson gave an update on how Alonzo is progressing, and it looks as though things are right on track. “All things considered, velocity is exactly where it needs to be, the progress is exactly where it needs to be. Alonzo is coming,” he stated. The highly anticipated Alonzo […]
A New Bill Submitted By Argentine Lawmaker Propose Bitcoin Salaries
An Argentine lawmaker introduced a bill that will allow workers to receive salaries in Bitcoin. Read: Allied Payment Network Partners With NYDIG To Put Bitcoin On Their Balance Sheet Jose Luis Ramon, Argentina’s national deputy from the province of Mendoza, has introduced a new bill that, if passed, would allow workers to receive wages in bitcoin and […]
iExec RLC Price Prediction
iExec RLC Fundamental Analysis RLC is an ERC-20-compliant token native to the iExec network, which is a project dedicated to building a decentralized cloud infrastructure to provide computing resources for dApps. The iExec ecosystem includes: iExec Marketplace, where the resources are traded;iExec SDK for dApp developers;dApp Store for the apps built on the iExec infrastructure;Data Wallet […]
Is Bitcoin overbought or oversold? Use Bollinger Bands to find out!
Bollinger Bands are a powerful indicator that traders use to gain clarity when the markets are rallying, consolidating and correcting. Trading is neither an exact science nor art. It is a mixture of both. There are scores of publicly available indicators and each claims to be the best. However, none of them are perfect or […]