The space of Decentralized Finance (DeFi) took a serious hit in the past week as decentralized lending protocol went through two subsequent attacks. The compromised funds amount to a little less than $1 million. The First Attack On bZx – February 14th The first attack happened on block 9484588, timestamped February 15th, according to the official report from bZx. Per the...

As of Monday, February 17th, 2020, U.S. presidential candidate, Micheal Bloomberg, and his campaign team have published a formal financial reform plan, aimed at strengthening the U.S. economy and helping it recover from the “the damage Trump has done” following the financial crisis of 2008. Amongst dozens of other financial recommendations, the formal proposal also included the mention of creating...

More than 4,000 BTC will be auctioned today by the United States Marshals Service (USMS). The procedure will happen with sealed bids where the highest bidder gets the bitcoins. All of the bitcoins included in the auction have been forfeited in different federal criminal, administrative, and civil cases. $40 Million Worth of BTC To Be Auctioned Today The US Marshal Service...

NEO recovered 7% losses overnight following an increased volume from the bull’s sides. Technical indicators continue to flag bullish despite price drops over past days Against Bitcoin, NEO price remains inside wedge boundary as more gains seem underway NEO/USD: NEO Bounces Back After Testing Key Support Key Resistance Levels: $16.7, $18 Key Support Levels: $13.4, $10.5 NEO/USD. Source: TradingView During the last three days, a correction...

Remitano has recently launched Remitano Wholesale – a trading solution for large volume traders on Remitano with one of the lowest trading fees on the market at 0.1%. Traders will be able to save up to 90% on transaction fees when trading on Remitano, one of the top peer-to-peer (p2p) crypto trading platforms in the world. To reward the earliest...

A rare bullish signal took place this week. The Golden Cross, as it’s commonly referred to, is a phenomenon that happened despite the price of Bitcoin dropping from $10,500 down to its current level at around $9,800. Historically, this has caused BTC to surge in value in the mid-term. Bitcoin’s Most Recent Golden Cross Bitcoin went on a downfall the past...

XRP saw a small 3% price rise over the past 24 hours after plunging by a total of 25% over the past 3-days. It failed to break resistance at $0.337, causing it to roll over and drop as low as $0.265 Against Bitcoin, XRP dropped beneath the pivotal 3000 SAT support toward 2800 SAT. Key Support & Resistance Levels XRP/USD: Support: $0.273, $0.264, $0.26. Resistance:...

Peter Schiff is a popular economist, financial broker, and a recognized author. He’s also a well-known nocoiner who has bashed Bitcoin for quite some time now. In one of his latest tweets, however, he conceded, saying that the cryptocurrency can, indeed, rise in value, despite failing to serve its purpose as money. Peter Schiff Concedes On Bitcoin Peter Schiff is one...

The start of the new week came as a sad one for traders as the bears take over the cryptocurrency market, correcting Bitcoin price to below the $9600 region. At the time of writing, the coin is trading at $9,627. The current volatility in the market could be tied to the ongoing selling pressure and transfer of 600 BTC ($5,753,286)...

Bitcoin margin trading is undoubtedly catching up to speed. In 2019, there was an outburst of different venues that started to offer high leverage on Bitcoin and other cryptocurrencies. This is mostly made available through futures contracts. KuCoin, a well-known crypto exchange, didn’t stand on the sidelines for long. KuMEX is the Bitcoin futures trading platform of KuCoin, and it offers...