Block Network

August 31, 2020

USD has ‘more room to fall’ — 5 things to watch in Bitcoin this week

Amid multiple warnings over the world’s reserve currency, Bitcoin stands to gain if recent macro correlation remains intact. Bitcoin (BTC) is heading for a bullish start to another week’s trading after shrugging off lower levels to hit $11,700.Cointelegraph takes a look at five things that could shape price performance in the coming days after BTC/USD […]

DeFi explosion: Uniswap surpasses Coinbase Pro in daily volume

The volume of Uniswap has surpassed the daily volume of Coinbase Pro after the demand for DeFi has exploded. Uniswap, the most widely-used decentralized exchange (DEX) on Ethereum, surpassed Coinbase in daily volume on Aug 30. The explosive growth of the Decentralized Finance (DeFi) market has pushed many avid investors to DEXes over centralized exchanges.The […]

Wyoming’s ‘Crypto Cowboy’ unsaddled in primaries by alt-right candidate

The house Majority Whip fell as right wing factions sought to remove moderate Republicans from the party, but blockchain legislation is safe, says Tyler Lindholm. Wyoming State Representative and long-time crypto champion Tyler Lindholm has been unseated in the Republican state primaries by a candidate representing the far-right of the party.So far it is unclear […]

Craig Wright files another libel suit against Roger Ver after 2019 fail

Craig Wright and Roger Ver are finally in the same jurisdiction. Craig Wright, a self-proclaimed creator of Bitcoin (BTC), is reportedly continuing to file more defamation suits against perceived rivals, despite none of his previous attempts turning out to be successful.On Aug. 25, Wright filed a libel suit against major industry figure, Roger Ver, with the […]

Binance advertising BTC at London bus stops in advance of UK launch

‘Money is evolving,’ Binance’s new ads across London state, showing four generations of coins ending with Bitcoin. The world’s largest cryptocurrency exchange, Binance, has targeted London commuters with new ads featuring Bitcoin.According to an Aug. 28 tweet from Binance.UK, the crypto exchange has placed new ads at 17 bus stops in London. The image shows […]

Japanese crypto traders ditching XRP and MONA for Bitcoin

Most Japanese crypto traders may be leaving altcoins behind entirely. The vast majority of Japanese crypto traders who started getting into the market in the last year may be investing solely in Bitcoin.According to data published on Aug. 19 from the Japan Virtual and Crypto Assets Exchange Association (JVCEA), Bitcoin’s dominance relative to altcoins in […]

YFI surges to $38K, BTC comeback predictions, Ryanair CEO’s fury: Hodler’s Digest, Aug. 24–30

The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Coming every Sunday, Hodlers Digest will help you track every single important news story that happened this week.  Top Stories This Week YFI price soars to $38,800 hitting $1 billion market cap Can […]

Ethereum price rallies above $400 resistance on bullish ETH options data

Ethereum’s put-call ratio dropped to its lowest level in 3 months, suggesting that traders expect Ether price to rise higher. Ether (ETH) options open interest grew by 230% to reach $393 million in the past three months. Although this is an impressive figure, it doesn’t fully reflect how the derivative instruments being used.Ether options open […]

August 30, 2020

Ethereum vulnerable to frontrunners: Researcher

Bots abound. Ethereum may be vulnerable to frontrunners according to Dan Robinson, a research partner with the crypto-asset investment firm Paradigm. Robinson said in a blog post, the design of Ethereum’s mempool, or a set of unconfirmed transactions, is where the vulnerability lies. He said arbitrage bots monitor pending transactions in the Ethereum mempool and attempt […]

Cloudflare goes down; crypto websites hit

This time it’s not your Wifi that’s the issue. Cloudlfare, an internet service provider responsible for various functions, went down Sunday morning, taking down many websites, including some crypto sites.The company confirmed in a tweet it experienced issues around 9:24 am Eastern time caused by a third-party transit provider. Network stability returned around 11 am […]