Today at Chaintalk News

February 28, 2021

Why Use Blockchain? A Case of Transparency, Immutability, and Security

By ChainTalk TV

Article

What Is Blockchain Technology?

With the recent growth spurt of Bitcoin and other cryptocurrencies, the concept of blockchain has suddenly become popular in the technology industry. Companies from a

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Article

What Is Bitcoin?

Interest in Bitcoin peaked late last year when it reached an all time high price of $20,000 and made headlines across the internet. However, while

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cointelegraph

Is Bitcoin at risk of another drop below $40K in a historically corrective March?

Bitcoin is showing signs of weakness as February draws to a close.

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cryptocompare

Is Bitcoin at risk of another drop below $40K in a historically corrective March?

Bitcoin is showing signs of weakness as February draws to a close.
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cryptocompare

Monthly crypto exchange volumes broke $1 trillion for the first time in February

Crypto exchange data collected by The Block Research shows a monthly volume figure above $1 trillion for February, a new record.The post Monthly crypto exchange volumes broke $1 trillion for the first time in February appeared first on The Block.
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cryptocompare

ETH 2.0 Reach Major Milestone; 100,000 Validators + 3 Million in Staked ETH

ETH 2.0, the new Proof of Stake network reached a major milestone today as the total number of validators on the platform crossed 100,000 with more than $3 million worth of ETH already staked. The upgraded Ethereum network launched the first phase of ETH 2.0 called Beacon Chain in December last year to start the The post ETH 2.0 Reach Major Milestone; 100,000 Validators + 3 Million in Staked ETH appeared first on Coingape.
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cryptocompare

Basic Attention Token Sees Its Largest Daily Exchange Outflow to Date

In brief: 1.15% of Basic Attention Token’s supply left crypto exchanges in a day This is the largest daily outflow to date and hints of accumulation by BAT whales Basic Attention Token has benefited from the news of Grayscale considering a BAT Trust The daily BAT/USDT is hinting of some bullishness as February comes to a close Yesterday, February 26th, the digital asset of Basic Attention Token (BAT) experienced its largest daily exchange outflow to date. On this day, the […]
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cryptocompare

CEO of Etsy: Bitcoin Not "Ready" To Become Means of Payment

Bitcoin is still too speculative for the online artisanal marketplace.
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cryptocompare

Binance launches support for ADA upgrade

TL;DR Breakdown Binance set to roll out support for Cardano’s ADA upgradeand hard fork. Regarding the upgrade, Binance will suspend ADA deposits and withdrawals. ADA reaches an all-time high as Cardano’s market cap surges to a new high. Binance set to support Cardano upgrade Binance revealed its plan to support Cardano’s network upgradeand hard fork on Feb 27. The exchange stated that it’s […]
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cryptocompare

Coinbase Stock Price Continues to Rise Ahead of Public Listing

Since Coinbase posted its S-1 regulatory filing Thursday, pre-listing shares on FTX are going up in price.
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cryptocompare

CoinShares Launches a $75 Million Physically-Backed Ethereum (ETH) ETP

UK-headquartered digital asset investment firm CoinShares has launched an Ethereum ETP on Switzerland's stock exchange with $75 million in AUM.
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cryptocompare

Does Bitcoin have a favorite day of the week?

Bitcoin has grown by leaps and bounds over the past three months, with its returns extremely inviting for most. This is one of the reasons why Bitcoin has been able to attract investors, despite the price being relatively sky-high. When compared to traditional assets, Bitcoin’s returns, year-to-date, are gargantuan. Bitcoin was giving its investors YTD […]
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cointelegraph

Moving beyond the crisis narrative: Crypto in a post-pandemic world

Over the last decade, crypto has weathered what feels like crisis after crisis. It’s time to think about what comes next.

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cryptocompare

Moving beyond the crisis narrative: Crypto in a post-pandemic world

Over the last decade, crypto has weathered what feels like crisis after crisis. It’s time to think about what comes next.
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cryptocompare

XRP Price Analysis: 27 February

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice After trading around the $0.25-valuation for a significant amount of time in 2020, XRP’s value surged. However, the alt’s aforementioned surge was quickly brought to a halt thanks to Ripple and XRP’s recent SEC […]
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cryptocompare

25,600 Bitcoin (BTC) Worth $1.2B Has Left Coinbase in the Last Week

In brief: 25,600 Bitcoin has left Coinbase in the last week 13k Bitcoin left Coinbase on the 25th of February This shows that institutions are scooping up the Bitcoin dip with Coinbase facilitating a majority of the orders Bitcoin bullishness might be reignited thanks to the passing of a $1.9 Trillion stimulus bill by the US Congress In the past week, 25,600 Bitcoin (worth roughly $1.2 Billion) has left the crypto exchange of Coinbase. This is according to an obervation […]
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cryptocompare

A Single Whale Just Moved $333 Million Bitcoin

Another mysterious whale transferred 7,073 BTC today, joining the growing list of February whale sightings.
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cryptocompare

Coinbase Is the Next Facebook. Really.

Coinbase is a rare profitable unicorn, and will offer public market investors a chance to buy into the crypto craze without buying Bitcoin.
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cryptocompare

Arca to Join the Bitcoin Trust Race Competing Against Numerous Crypto Fund Rivals

Another firm is joining the bitcoin trust sector, as the California fund manager Arca has filed a registration with the U.S. Securities and Exchange Commission (SEC) for its Arca Accredited Investor Bitcoin Trust. The trust will compete with a number of competitors including Grayscale’s popular bitcoin investment vehicle GBTC. Arca Files With the US SEC […]
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cryptocompare

China: Private banks to help with the rollout of booming digital yuan

The nation is leading in the development of a state-backed digital currency and banks are joining that cause. The post China: Private banks to help with the rollout of booming digital yuan appeared first on CryptoSlate.
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cryptocompare

What does a positive Coinbase premium mean for Bitcoin’s price?

Bitcoin’s price action on Coinbase has stood the test of time, especially since the crypto-exchange’s user statistics have often highlighted institutional participation in the market. The current Bitcoin bull run is largely influenced by institutional demand and buying. By extension, price action on Coinbase and other metrics can be deemed to signal traders’ sentiment too. […]
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cryptocompare

How ethbox Keeps Your ETH Transactions Secure at All Times with a Passphrase

ethbox is the best security and privacy platform on the market for your transactions on the Ethereum blockchain. More people are using ETH these days to pay for services, purchase goods and more—but security is important. While there are other privacy-based coins like Monero—hardly anyone uses these. They aren’t common coins for major transactions. ETH […]
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cointelegraph

While Washington dithers, Wyoming and other US states mine for crypto gold

While Wyoming was luring crypto businesses, such as Ripple Labs, New York’s AG was bringing enforcement action against Bitfinex.

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cryptocompare

While Washington dithers, Wyoming and other US states mine for crypto gold

While Wyoming was luring crypto businesses, such as Ripple Labs, New York’s AG was bringing enforcement action against Bitfinex.
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cryptocompare

Cardano Comes Out Kicking While Bitcoin and Ethereum Slump

This week’s correction has been a sobering reminder of the crypto market’s volatility.
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cryptocompare

India: Are authorities really seizing crypto hardware wallets?

While the lack of regulations for cryptocurrencies has evolved into a problem in India, crypto-users in the country have not been discouraged yet, with many seeking ways to get on the same page as lawmakers. However, there is a very problematic lack of clarity among users, especially since such regulations (Or lack thereof) make compliance […]
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cryptocompare

EOS, Neo, DigiByte Price Analysis: 27 February

Even though the likes of Bitcoin and Ethereum were trading in the green at press time, they were yet to recapture their ATH levels from a few days ago. While Bitcoin was valued at close to $47,000, ETH was just shy of the $1,500-mark. Following the same, many of the market’s altcoins entered a state […]
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cryptocompare

The US Government Just Unwittingly Made The Biggest PR Move For Bitcoin

Bitcoin at $100,000 is a price prognosticated by pundits, courtesy of the fundamental factors that signaled the bullish rally. However, Bitcoin is receiving an external push from the same organization that steadily criticizes its credibility. The United States government in its usual fashion is helping the benchmark asset live up to analysts’ expectations with the […]
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cryptocompare

Digital Yuan-themed scam: Chinese police warns residents to be careful

TL;DR Breakdown Chinese police warn residents of a CBDC-related scam. The fraudsters claimed that they are digital Yuan promoters. So far, they have successfully duped not less than 500 citizens. Police caution residents over Digital Yuan scam One of the fore complaints of cryptocurrency is that it is used as a front for criminal activities. […]
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cryptocompare

Report: Bitcoin Whales Sold At Least 140,000 BTC in February as Price Suffers

Were Bitcoin whales behind the latest price crash? On-chain analysis suggests large addresses disposed of nearly $7 billion in February alone.
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cryptocompare

Where's the Trust in the $150 Million NFT Art Market?

Pest Supply made nearly a million dollars and kicked up a stink by appropriating Banksy's style.
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cryptocompare

Bitcoin Price Analysis: 27 February

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice According to data shared by CryptoQuant, U.S institutional investors are still buying massive amounts of Bitcoin, despite the cryptocurrency trading near the $48,000-range. This is a long-term bullish development that lends some weight to […]
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cryptocompare

Crypto Giant Grayscale Buys $709,000,000 in Bitcoin and Ethereum in Less Than a Month

Digital asset manager Grayscale has added hundreds of millions of dollars worth of Bitcon (BTC) and Ethereum (ETH) to its crypto portfolio in the last few weeks. According to crypto trading and intelligence platform Bybt, the crypto behemoth tallied up an additional 7,280 BTC worth $348.28 million and 240,000 Ethereum worth $361.5 million to its […]The post Crypto Giant Grayscale Buys $709,000,000 in Bitcoin and Ethereum in Less Than a Month appeared first on The Daily Hodl.
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cryptocompare

What DeFi needs to do next to keep institutional players interested

In order for DeFi to have access to institutional actors, it will need to adapt. But by adapting, it might lose some of its core tenets.
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cointelegraph

What DeFi needs to do next to keep institutional players interested

In order for DeFi to have access to institutional actors, it will need to adapt. But by adapting, it might lose some of its core tenets.

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cryptocompare

Economist Warns of “Bitcoin Aristocracy” Ruling the World

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cryptocompare

Binance Coin, Augur, Dogecoin Price Analysis: 27 February

Binance Coin and Dogecoin have been trading sideways over the past couple of days, with both not offering good trading setups since Bitcoin too has been facing a lot of selling pressure. Some areas of resistance in the short-term were highlighted as regions of interest, regions where a buying opportunity could manifest. Finally, Augur moved […]
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cryptocompare

Stellar Lumens, Algorand, Aave Price Analysis: 27 February

Stellar Lumens climbed towards a region of supply at $0.42, while Algorand attempted to flip the $1.01-level to support. This short-term bullishness was a theme in the altcoin market, at the time of writing, with Aave also attempting a breach of the $345-level. Stellar Lumens [XLM] The market was indecisive on XLM. The OBV swung […]
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cryptocompare

Crypto Exchanges Scale, But Outages Likely To Remain A Fact Of Life

Exchanges have been the epicenter of the recent crypto bull market, facilitating the surge of bitcoin (BTC) and other coins towards new all-time highs. However, while they have almost certainly profited from the record prices and volumes the market’s now witnessing, many have been found lacking as new traders flood into the ecosystem.We’ve witnessed repeated
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cryptocompare

Institutional investors move 13,000 BTC from Coinbase to cold storage

TL;DR Breakdown  Bitcoin price rises as institutional investors purchase 13,000 BTC. The purchased BTC was moved to cold storage. Coinbase premium rise indicates a high buying pressure, CryptoQuant CEO, Young. Institutional investors purchase more BTC  There seems to be some optimism for BTC even after the price traded around $45k yesterday. CryptoQuant CEO, Ki Young Ju, revealed that about 13,000 […]
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cryptocompare

XRP Price Prediction: factors that could determine its future value

In the world of cryptocurrencies, XRP is quite different. It is decentralized, but not as much as Bitcoin, Ethereum, and the likes. Unlike them, it doesn’t seek to be an alternative to the traditional banking system but rather to collaborate and improve the conventional banking system. Nonetheless, it is a cryptocurrency. XRP is a cryptocurrency […]
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cointelegraph

Grayscale's Bitcoin premium has dropped to record lows below zero

Grayscale Investments’ GBTC might be the absolute market leader but it is currently trading below fair value as the TSX Purpose Bitcoin ETF is seeing record inflows.

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cryptocompare

Grayscale's Bitcoin premium has dropped to record lows below zero

Grayscale Investments’ GBTC might be the absolute market leader but it is currently trading below fair value as the TSX Purpose Bitcoin ETF is seeing record inflows.
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cryptocompare

Cardano’s Babel fees mechanism allow users to pay transaction fees in native tokens

Once the Mary Hard Fork is implemented, users on Cardano will be able to pay transaction fees in native tokens, essentially requiring no ADA to utilize the blockchain. The post Cardano’s Babel fees mechanism allow users to pay transaction fees in native tokens appeared first on CryptoSlate.
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cryptocompare

Cardano, SUSHI, FTX Token Price Analysis: 27 February

Cardano took its new position as the third-largest cryptocurrency by market cap after it touched a valuation of $1.39 on the charts with a market capitalization of $43.7 billion. SUSHI was trading at its range highs once more, with its previous move past $15.9 highlighting some areas to take-profit at. Finally, FTX Token saw some […]
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cryptocompare

BTC Downturn, ETH Scaling, Coinbase Listing and 20 Crypto Jokes

Welcome! Let's do a short recap of what happened in the crypto week behind us. Coin Metrics said there's little reason to believe that Bitcoin miners are responsible for downturns in BTC’s price, Kraken’s CEO Jesse Powell said that “extreme” ethereum selling caused Monday’s flash crash to USD 700, and almost USD 4bn in trading positions was liquidated in 24 hours, followed by another USD
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cryptocompare

Cardano Reaches All-Time High, Ahead of Ethereum in Transaction Volume

Today has been a monumental day for Cardano. Caught within the recent crypto bull market, its token, ADA, hit a new all-time high price of $1.38 this evening. This marks an increase of approximately 2600% over the past year, as tracked by Messari. In fact, this milestone brings with it more good news for the smart contract platform. Over the past 24 hours, the surge of interest in Cardano has brought its on-chain transaction volume […]
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cryptocompare

The Reserve Bank of India is concerned over cryptocurrency’s impact on financial stability.

The Reserve Bank of India is concerned that digital currencies could impact the country’s financial stability. The governor of the Reserve Bank of India revealed recently that the bank had conveyed its concerns with the government. The renewed skepticism comes amid a rising crackdown by major banks on digital currency transactions. Several other countries have […]
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cryptocompare

Kraken to Double its Valuation to $10 Billion via Funding Round

Large crypto exchange Kraken is seeking additional funds to double its valuation to $10 billion, according to a Bloomberg report.
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cryptocompare

‘Bitcoin Doesn’t Behave Like A Payment Instrument’, Says Mastercard’s Vice-Chair

Mastercard may have warmed up to cryptocurrencies recently, but if you’re expecting to use your debit cards to pay for your coffee, an executive at the payments giant has bad news for you. Ann Cairns, the executive vice chair at Mastercard stated in a recent conference that Bitcoin is too volatile for the company. Mastercard […]
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cryptocompare

Coinbase Names Bitcoin Creator Satoshi Nakamoto As Potential Risk to Its Business

As the crypto exchange prepares for its initial public offering (IPO), Coinbase is warning that the pseudonymous Bitcoin creator Satoshi Nakamoto could jeopardize the firm’s business. In its official filing with the U.S. Securities and Exchange Commission (SEC) to receive approval for an IPO, Coinbase explains that demand for Bitcoin could deteriorate or its price […]The post Coinbase Names Bitcoin Creator Satoshi Nakamoto As Potential Risk to Its Business appeared first on The Daily Hodl.
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cryptocompare

Taraxa’s Steven Pu on the Elephant-in-the-Room Problem With Informal Transactions, and How He Drives the dApps Adoption With Slack-Inspired Go-to-Market

A Stanford graduate and former associate partner at Monitor Deloitte, Steven Pu is a serial entrepreneur in healthcare, IoT, and blockchain. Fascinated by the promise of decentralized networks for making transactions between people, companies, and machines, fully trusted and accountable, he quit his day job to solve the failures of centralized organizations. We asked Steven […]
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cryptocompare

Just-In: Biden Administration Passes $1.9 Trillion Stimulus Package

The Biden Administration passed the much-awaited $1.9 trillion Stimulus relief bill that the President had promised after taking the office. The House passed the stimulus bill with a 219-212 vote and it has been forwarded to the Senate for approval. The House just passed President Biden's $1.9 trillion pandemic aid package. Two Democrats voted against The post Just-In: Biden Administration Passes $1.9 Trillion Stimulus Package appeared first on Coingape.
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cryptocompare

FreeBitco.in Acquires 3.75B FUN Tokens to Promote Transparency in iGaming

Disclaimer: The text below is a press release that was not written by Cryptonews.com. Through a series of ventures, FreeBitco.in seeks to promote the mass adoption and utilization of FUN Token in the iGaming and Gaming spaces.FreeBitco.in, one of the biggest Bitcoin iGaming websites in the world, has acquired the majority of FunFair’s remaining cold storage of FUN tokens, the native
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cryptocompare

PARSIQ Integrates Solana Blockchain on its Platform

Bitcoin Press Release: PARSIQ has integrated with Solana blockchain, allowing users to monitor, process, and connect to off-chain any events on the Solana blockchain in real time. 27th February 2021, Road Town, BVI – PARSIQ has added support for the Solana blockchain on the PARSIQ Platform, allowing users to monitor any events on the Solana […]The post PARSIQ Integrates Solana Blockchain on its Platform appeared first on NullTX.
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cryptocompare

Ethereum Update: ‘Berlin’ Hard Fork, EIP-1559, ETH 2.0 Beacon Chain, First ETH ETF

This article provides an update (as of 08:45 UTC on February 27) on some of the currently most popular topics in the Ethereum community. ‘Berlin’ Hard Fork Has Been Scheduled According to a report by Coindesk, on February 19, at a meeting of Ethereum core developers, it was decided to provisionally schedule the Berlin network […]
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cryptocompare

Ethereum Price Analysis: 27 February

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Like the Bitcoin market, the spot market for the world’s largest altcoin, Ethereum [ETH], also seemed to be crumbling under bearish pressure. At the time of writing, the digital asset had lost 27% of […]
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cointelegraph

Crypto can be lucrative, but make sure you’re ready for the taxman

Investing in digital assets can offer a plethora of opportunities, but when the taxman comes, investors best be prepared.

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cointelegraph

Blockchain and crypto will challenge current finance, Nigeria VP says

Yemi Osinbajo sees potential for crypto and blockchain.

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cointelegraph

Increasing stock market volatility drags Bitcoin and altcoin prices lower

Growing concerns over rising U.S. Treasury yields are putting pressure on global financial markets and possibly dragging cryptocurrency prices lower.

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cointelegraph

Alpha Finance Lab rallies after integrating with Compound and Binance Smart Chain

Alpha Finance Lab’s recent integration with Binance Smart Chain and Compound Finance triggered an 85% rally in the protocol's ALPHA governance token.

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cointelegraph

NFTs based on STARZ show ‘American Gods’ coming soon from Curio

The NFT market continues to expand, with upcoming tokens based on a mainstream TV show.

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cointelegraph

Law Decoded: Loose ends and long dramas, Feb. 19–26

Longstanding sagas in crypto saw major plot development and even a conclusion or two in this week's newsletter.

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cointelegraph

SEC’s Division of Examinations issues Risk Alert on digital assets

The Risk Alert seemed to take particular aim at broker-dealers, who have been "inadequate" in their AML compliance.

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cointelegraph

Cardano is now a top-three cryptocurrency as ADA price soars 27% in 24 hours

Cardano is soaring, though Ada's price still has a long way to go to beat its record high vs. Bitcoin.

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cointelegraph

Galaxy Digital co-president explains two things deterring institutional crypto buying

With a number of mainstream entities buying into Bitcoin, what's holding some back?

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cointelegraph

Price analysis 2/26: BTC, ETH, ADA, BNB, DOT, XRP, LTC, LINK, BCH, XLM

Bitcoin and most major altcoins remain rangebound with the exception of Cardano.

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cointelegraph

Delphi Digital launches Labs wing to bolster portfolio company development

The research, media and investment company adds a development wing.

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cointelegraph

Komodo launches AtomicDEX beta bringing atomic swaps to Ethereum and Bitcoin

Komodo’s AtomicDEX seeks to connect Ethereum with Bitcoin and other UTXO networks.

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cointelegraph

Fetch.ai spinoff launches decentralized commodities exchange

Mettalex claims to be fully decentralized, meaning “no counterparty and no single point of control.”

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cointelegraph

Bitcoin price flies solo? Institutional crypto push may be overrated

Bitcoin’s market cap broke the $1 trillion barrier without a final push from institutions — could their influence be overrated?

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cointelegraph

Many pieces of the Diem puzzle still missing as launch gets delayed

Besides securing approval from Swiss regulators, Diem seems likely to face opposition from government regulators in many countries.

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cointelegraph

DeFi mainstays headline Grayscale’s list of new products under consideration

Ethereum protocols account for over a third of Grayscale's assets under consideration for listing as exchange-traded products.

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cointelegraph

China’s CBDC is about domestic dominance, not beating the dollar

The notion of China racing to launch a CBDC that will end U.S. monetary supremacy doesn't hold up if you look at the facts on the ground.

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cointelegraph

FCA releases detailed 5-point plan to make UK a fintech powerhouse

A 108-page report details how the United Kingdom can retain its status as one of the global centers for fintech innovation and business.

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cointelegraph

Why is Bitcoin $86K in Nigeria? Here's why the BTC premium is huge in some countries

Traders are accustomed to slight price differences between exchanges, but is a 70% gap sustainable?

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cointelegraph

Elon Musk unfazed by rumored possibility of SEC probe into Dogecoin tweets

The Tesla CEO avowedly loves "dogs and memes" and is greeting the alleged possibility of federal scrutiny of his Dogecoin tweets with a consistently droll attitude.

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cointelegraph

Belarusian government explores potential move into crypto mining

The Ministry of Energy of the Republic of Belarus has launched an investigation into the potential pros and cons of crypto mining.

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cointelegraph

Bitcoin price 'macro top'? Not so fast — Data shows the real FOMO isn't even here

If this bull cycle is like 2017 or even 2019, then the majority of investor "FOMO" and associated price gains lie ahead.

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cointelegraph

Bitcoin needs clear regulations to be less volatile, Bridgewater analyst says

Bitcoin will become more stable and liquid when regulatory certainty is in place, Bridgewater’s director of investment research argued.

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cointelegraph

FATF updates guidance on crypto service providers, calls for public comments

The Financial Action Task Force is looking to adapt its guidance standards for stablecoins and crypto peer-to-peer transactions.

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cointelegraph

Chicken and greens: $97B retail firm uses IBM blockchain to track food supply

Multinational retail giant Carrefour will use IBM's blockchain tech to track two major food categories as part of a growing reorganization of global supply lines.

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