There’s a New Platform for Bitcoin-Backed Borrowing and It’s Courting Banks to Lend – CoinDesk

There’s a New Platform for Bitcoin-Backed Borrowing and It’s Courting Banks to Lend – CoinDesk

As Keidun explains, one additional key will belong to a fourth holder, which, together with Hodl Hodl, will ensure security of the funds. These fourth key holders, as Keidun calls them, will be one of the small pool of reputable bitcoin companies, including Casa Hodl, Blockstream and Jan3, a startup by Blockstream’s former chief strategy officer, Samson Mow. All three companies confirmed their involvement. Source link

Read More »

Is Monero (XMR) a Bad Investment Saturday?

Is Monero (XMR) a Bad Investment Saturday?

Monero achieves an average risk analysis based on InvestorsObserver research. The proprietary system gauges how much a coin can be manipulated by analyzing much money it took to shift its price over the last 24 hour period along with analysis of recent changes in volume and market cap. The gauge is between 0 and 100 with lower scores equating to higher risk while higher values represent lower risk. InvestorsObserver is giving Monero a… Source link

Read More »

BTC, ETH Below $20,000 and $1,600 Respectively, on Saturday – Market Updates Bitcoin News

BTC, ETH Below ,000 and ,600 Respectively, on Saturday – Market Updates Bitcoin News

Following a brief rally above $20,000 and $1,600 respectively, bitcoin and ethereum fell below these levels to start the weekend. The decline comes as momentum surrounding yesterday’s nonfarm payrolls report faded. Bitcoin moved closer to its support point of $20,500, while ethereum was trading close to its floor of $1,550. Bitcoin Bitcoin (BTC) was back below $20,000 to start the weekend, as prices of the token moved closer to a key support point. Initial bullish momentum following… Source link

Read More »

Bitcoin market dominance plumbs 4-year lows as BTC price ditches $20K

Bitcoin market dominance plumbs 4-year lows as BTC price ditches K

Bitcoin (BTC) traded below $20,000 on Sep. 3 as commodities declined on news of a G7 Russian energy ban. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView All down after gloomy macro week Data from Cointelegraph Markets Pro and TradingView showed ongoing lackluster performance on BTC/USD, which traded around $19,800. The largest cryptocurrency looked increasingly unable to flip $20,000 to firm support as the weekend began, and the mood among market participants was jaded. Eyeing the… Source link

Read More »

Litecoin goes against the current and is in a bullish triangle play

Litecoin price holds it firmly together for the first week of September and is set to print a good week. LTC price opening next week will be key whether it is above the technical hurdle.  Once the bulls play this setup right, a bullish breakout could be granted. Litecoin (LTC) price could be set up for a very bullish ride, while most cryptocurrencies are under the scrutiny of the stronger dollar and the dire economic environment. From a purely technical point of… Source link

Read More »

Ethereum: Any LAMBO chances on holding ETH? Buterin has answer

Ethereum [ETH] co-founder Vitalik Buterin has taken another dig at Bitcoin [BTC]. In a recent interview with Noah Smith, the Russian-Canadian crypto creator made a statement. This was not the first time that Vitalik claimed superiority over the number one cryptocurrency in market value.  In 2021, he told CNN that Bitcoin could get left behind. At another time, he was at loggerheads with ex-Twitter CEO and Bitcoin maximalist Jack Dorsey over the same issue. Now, Vitalik has… Source link

Read More »

Crypto Market Remains Extremely Fearful As Bitcoin Struggles At $20,000

The crypto market has found itself at odds since the price of bitcoin had fallen to $20,000. This remains an important technical level for the digital asset because it is right above its previous cycle peak. As such, investors across the space watch with bated breaths to see if bitcoin will be able to hold this level. This has, in turn, led to a decline in investor sentiment during this time, causing the Fear & Greed Index to plunge low. Crypto Index Sits At 25  The Crypto Fear & Greed… Source link

Read More »