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Ethereum Options Data Suggests Pro Traders Expect ETH Price to Break $400

Ethereum price has stalled below $400 but ETH options data suggests the altcoin will push through the resistance level soon. Ethereum (ETH) options open interest increased by 5 fold over the past three months to reach $337 million.  Although this…

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Minneapolis Fed’s Kashkari Calls for Stricter Lockdown

The president of the Minneapolis Federal Reserve calls for stricter lockdowns to help save the economy. The president of the Minneapolis Federal Reserve, who once claimed the Federal Reserve was flush with cash, called for a nationwide lockdown to fight…

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More Than 10,000 New Blockchain Companies Established in China in 2020

LongHash said China’s blockchain companies have increased substantially and recorded an all-time high in 2020 despite Covid-19. Blockchain and crypto data platform LongHash revealed on August 8 in a tweet that China’s blockchain sector has grown substantially despite the pandemic…

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Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, XRP, XMR, XTZ

Bitcoin and most altcoins are likely to remain range-bound for a few more days before resuming the next leg of the up move. The U.S. markets have rallied sharply from their March lows, led by the tech sector and Fed…

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Researchers Claim Crypto Exchange Hacks Happen in Three Ways

Hacks into crypto exchanges target open-source libraries and take advantage of inside jobs researchers said. Researchers at the Black Hat security conference revealed that crypto exchanges might be vulnerable to hackers. Although crypto exchanges have high privacy and security to…

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Bitcoin Halving and Ethereum 2.0 Bring Big Changes for Crypto Miners

How Bitcoin’s third halving, Ethereum 2.0’s launch and the COVID-19 pandemic are affecting the crypto mining industry. Although over two months have passed since the halving happened on the Bitcoin network, the crypto mining industry is still heaving from the…

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China’s Mining Dominance Unlikely to Last: Lopp

With more chips produced outside of Asia and more countries offering cheaper power, China’s mining dominance may not last said Jameson Lopp. China’s dominance in Bitcoin mining may not last as more mining chips are produced and other countries offer…

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Facial Recognition Could Help to Stamp Out Bitcoin Social Media Scams

Coincurve’s Rod Hsu says facial recognition can stamp out social media Bitcoin scams. Facial recognition can help prevent future Bitcoin (BTC) scams like those that hit Twitter and YouTube, said Rod Hsu, president and co-founder of virtual currency platform Coincurve. …

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South Korean Highways Will Have Blockchain-Powered Toll Payments

One of the biggest commercial banks in South Korea has partnered with the Korea Expressway Corporation for a blockchain-based toll system. KEB Hana Bank, one of the biggest commercial banks in South Korea, reached an agreement with the state-backed highway…

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The Top 5 Trends Defining Crypto in Late 2020

What are some trends in the crypto and blockchain space that may take hold and remain ongoing throughout the rest of 2020? The cryptocurrency field is a place where everything changes in the blink of an eye. New technologies, key…

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