Block Network

September 7, 2020

Bitcoin price charts hint at double-bottom, relief rally to $10,800

Bitcoin has been clinging to the key $10,000 BTC price level all weekend as technical factors point to a short-term relief rally. Last weekend was incredibly rough for most cryptocurrency investors as massive sell-offs occurred. The price of Bitcoin (BTC) dipped below $10K several times but seems to have found short-term support at this level. The […]

Bitcoin is shaky but medium-term bull case intact: on-chain analyst

The price of Bitcoin dips below $10,000 for three consecutive weeks but on-chain analyst Willy Woo says it’s mid-term bullish. The price of Bitcoin (BTC) declined below $10,000 for three consecutive days. Despite the weakness in BTC’s short-term trend, an on-chain analyst says mid-term bullishness is intact.The weekly chart of Bitcoin. Source: TradingView.comWithin five days, […]

Dev finds major governance bug in SushiSwap, but no threat to the project yet

A massive bug cannot be exploited yet as pool migration is set to continue. SushiSwap appears to be vulnerable from a sneaky bug that could multiply someone’s governance power without having to acquire new tokens.Reported by developer Jong Seok Park on Sept. 7, the bug can be described as a governance double-spend.In essence, SushiSwap governance […]

Bitcoin price hits $9.8K as quest to fill futures gap sees 6-week lows

Amid ongoing strength in the U.S. dollar currency index, Bitcoin bears gain strength, sending BTC/USD to its lowest since late July. Bitcoin (BTC) hit fresh lows on Sep. 7 as renewed selling pressure saw the largest cryptocurrency return to the $9,800 range.Cryptocurrency market daily snapshot, Sep. 7. Source: Coin360Analyst eyes BTC price bottom at futures […]

How to provide liquidity to cryptocurrency exchange

Liquidity is one of the most important factors in a cryptocurrency exchange or brokerage’s long term success. A trading venue’s liquidity represents how easily a trader can use the platform to exchange one asset for another. If a trader sends a market order to buy or sell an asset and the venue can’t find enough […]

‘Bitcoin Pope’ faces up to 10 years in jail for running two crypto scams

The alleged crypto scam websites are still intact. A securities regulator in the United States, the Texas State Securities Board (TSSB), has detected another batch of alleged cryptocurrency scams.On Sept. 3, Texas Securities Commissioner Travis J. Iles entered an Emergency Cease and Desist Order against two alleged crypto scam schemes known as Forex Birds and […]

Binance Card still on its way to Russia despite local crypto payments ban

Russia’s law on digital assets has not affected Binance’s business in any way. International cryptocurrency giant Binance is not going to give up launching the Binance Card in Russia despite the upcoming ban on crypto payments.Binance, the world’s largest crypto exchange by daily trading volume, is working on the rollout of its crypto debit card […]

Tech Mahindra to build multiple blockchain solutions on Amazon’s blockchain

Indian IT tech giant Tech Mahindra will build blockchain supply chain solutions for aviation, healthcare and telecom sectors. The Indian IT giant Tech Mahindra is planning to build and deploy an array of blockchain solutions on Amazon Managed Blockchain in the next 12 to 18 months.According to a report by The Economic Times on Sept. […]

Number of Ether whales increases during 30% price drop

At least 68 Ethereum whales behaved differently than the majority of holders. During a 30% price drop at the beginning of September, at least 68 Ethereum whales joined the network, potentially adding millions in holdings. According to Crypto Twitter user Ali Martinez, data from analytics site Santiment shows the number of investors holding between 1,000-10,000 Ether […]

Fear, politics and the dollar: 5 things to watch in Bitcoin this week

U.S. dollar strength combines with a decision on monetary policy in Europe as a backdrop to fresh fear among Bitcoin investors. Bitcoin (BTC) continues to test $10,000 support after a weekend in which it consolidated after a major drop — what next?Cointelegraph takes a look at the major factors set to influence BTC price action […]