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Cryptocurrency News

Location American Cryptocurrency News for 5 September 2020
Bitcoin price risks losing $10,000 zone toward the CME futures gap The price of Bitcoin looks shaky and risks losing the $10,000 level before the weekend is through but here's what could happen next.
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Uniswap competitor Sushiswap has aggressively moved up its massive withdrawal from its rival's liquidity pools, and may go live this weekend.
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Is Tesla a Stock for Suckers?

Coin Desk - 5 Sep 2020 20:00
The markets kicked off the week with a 5-1 Tesla stock split rally and ended with major questions about tech company valuations.
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The Care Bears, Roger Ver, and Tesla shenanigans: Bad crypto news of the week Check out this week's Bad Crypto podcast.
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Dash introduces protocol versioning in update

Coin Telegraph - 5 Sep 2020 21:00
Dash introduces protocol versioning in update Getting closer to the testnet.
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Crypto-Friendly Banking Platform Cashaa Expanding in India, US, Africa Crypto banking platform Cashaa has unveiled plans to expand its services in India, the U.S., Africa, and the Caribbean. In India, the company aims to create “the first crypto-friendly banking platform” that is regula...
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3 reasons why Bitcoin suddenly dipped under $10K today -- and recovered The price of Bitcoin briefly dropped below $10,000, causing the entire cryptocurrency market to slump in a short period.
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SushiSwap head chef dumps tokens; plans to focus on migration Chef Nomi left some food on the table.
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It wasn't long ago that the Ethereum 2.0 upgrade went live on an official test network. Developers have been catching mission-critical bugs in the code ever since.
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Robert Rorschach: 20 Reasons Not to Vote

Bitcoin.com - 5 Sep 2020 15:45
Robert Rorschach: 20 Reasons Not to Vote If one votes, one participates. If one participates, one condones and endorses the process, and subsequently, what those elected ‘representatives’ do and say in your name. Reason 2. Electoral promises are meaningless...
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Animoca Sells Out 7.5m of New REVV in Minutes, Announces Further Plans Animoca Brands' flash sale saw more than seven million of its new REVV token sold out in less than 20 minutes. The Hong Kong-headquartered publisher of mobile games also announced new games wherein the token can be used,...
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Powering DeFi market: Overview of the top 5 DEXs by total trade volume As trading volumes across many top DEXs continue to soar, 2020 is shaping to be the year of DeFi tech.
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The DeFi Sector Is Breaking The Law - It's Time to Act The decentralized finance (DeFi) sector continues to boom, with over USD 8bn in total assets locked into the ecosystem's various platforms. The bigger it gets, the more regulators are likely to take notice of it, with cr...
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A Whole Lot of DeFi and 20 Crypto Jokes

Crypto News - 5 Sep 2020 12:00
A Whole Lot of DeFi and 20 Crypto Jokes In DeFi news: the DeFi boom may be prompting the growth of a BTC-ETH bridge, a new item was served on the DeFi table - SushiSwap, Mike Novogratz said that the DeFi frenzy proves the power of bitcoin and warned of a possi...
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Buffett dumps Wells Fargo amplifying bull case for gold and Bitcoin Warren Buffett and Berkshire Hathaway cut their position on Wells Fargo as the bet on Barrick Gold and rising inflation fuel the bull case for Bitcoin as well.
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Defi Boom Fueling ETH Gas Fees, Threatens Viability of Smart Contracts Growing Ethereum network transaction fees, which touched new highs recently, are a direct consequence of the increasing number of defi projects and yield farming. Yield farmers need to pay ETH for transactions like movin...
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Why Are Chinese Banks so Keen to Lodge Blockchain Patents? Chinese banks are becoming increasingly keen on registering blockchain-related patents - and experts said they believe that financial institutions are developing core technology that will see them build new business mode...
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South African Man Charged in U.S. Court for Fraud Involving $28 Million in Bitcoin and Forex A South African man has been charged with fraud in the Maryland District Court for allegedly scamming $28 million from over 1,000 investors. Dennis Jali, a former resident of Maryland, targeted church-going African immig...
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Tim Draper Heaps Praise on Bitcoin Cash

Bitcoin.com - 5 Sep 2020 03:29
Tim Draper Heaps Praise on Bitcoin Cash Billionaire and venture capitalist Tim Draper has praised bitcoin cash after recently purchasing the coin. Lauding the ease of use as well as buying it, Draper encourages his followers to do likewise. Draper’s endorsem...
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Private Software Firm Says It Is Working on China's CBDC Project Another Chinese private sector company has admitted it is working with the nation's central bank on its rapidly expanding digital currency pilot project - the second private firm to make such a claim this week. Per NetEa...
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Unlimited QE and an Index Portfolio: How Fed Chair Jay Powell Can Pump His Bags In mid-August the U.S. stock market defied odds and mainstream media claimed after the Standard & Poor’s 500-stock index touched new heights on August 18, it ‘officially’ ended the “shortest bear market in histor...
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SushiSwap GM says Skepticism is always wise in the Blockchain space, even if a project turns out to be on the level.
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