Blogtall btc news

01/10/2021

Crypto community concerned over impact of infrastructure bill on DeFi - https://blogtall.com/crypto-community-concerned-over-impact-of-infrastructure-bill-on-defi/

Members of the crypto community have been up in arms recently about the $1 trillion infrastructure bill that the United States House of Representatives was expected to vote on this week. The legislation includes a crypto-tax reporting provision, along with the establishment of a definition for the t...

01/10/2021

Hackers Rob Thousands Coinbase Customers SMS MFA Flaw - https://blogtall.com/hackers-rob-thousands-coinbase-customers-sms-mfa-flaw/

Coinbase, a major U.S.-based bitcoin and cryptocurrency exchange, disclosed today that a hacker was able to bypass the company’s SMS multi-factor authentication mechanism and steal funds from 6,000 users, Bleeping Computer reported. The breach of Coinbase customers’ accounts happened between Mar...

01/10/2021

Umbrella Network launches on Ethereum with cross-chain bridge to BSC - https://blogtall.com/umbrella-network-launches-on-ethereum-with-cross-chain-bridge-to-bsc/

Decentralized oracle service Umbrella Network officially launched on Ethereum Friday, setting the stage for cross-chain transactions between the dominant smart contract platform and Binance Smart Chain, or BSC. The cross-chain bridge connecting Ethereum and BSC was developed in-house at Umbrella Net...

01/10/2021

Evergrande Implications And Bitcoin - Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides - https://blogtall.com/evergrande-implications-and-bitcoin-bitcoin-magazine-bitcoin-news-articles-charts-and-guides/

I have spent my career in financial markets, focusing on risk analysis and trading with a viewpoint that is honed through the prism of credit. I believe credit markets to be the most important, most informed, and unfortunately the most misunderstood of the various risk asset silos. Credit analysts a...

01/10/2021

dYdX milestone and $1M DeFi bounty, Sept. 24–Oct. 1 - https://blogtall.com/dydx-milestone-and-1m-defi-bounty-sept-24-oct-1/

01/10/2021

Bitcoin Mining Is Now Legal In Iran - https://blogtall.com/bitcoin-mining-is-now-legal-in-iran/

Iran has lifted its ban on bitcoin mining instituted in May, and licensed farms can come back online. The government sought to restrict energy usage during the summer’s three months due to the high toll temperatures and air conditioning take on the country’s power grid. Iran’s cheap electricit...

01/10/2021

Why NFTs can be a riskier investment than cryptocurrencies, report - https://blogtall.com/why-nfts-can-be-a-riskier-investment-than-cryptocurrencies-report/

Investors who survived the 2008 financial crisis understand the importance of liquidity. When an economic recession starts, deflationary pressure hits the market, and buyers disappear. Sellers frantically try to sell assets before their prices drop further, but buyers want to de-risk and go into saf...

01/10/2021

Brazil Stock Exchange wants to provide oracles for digital real - https://blogtall.com/brazil-stock-exchange-wants-to-provide-oracles-for-digital-real/

Brazil Stock Exchange (B3), one of the world’s few exchanges trading Bitcoin (BTC) exchange-traded funds (ETFs), is exploring ways to provide data inputs for the country’s central bank digital currency (CBDC). Luis Kondic, managing director of listed products and data at B3, claimed that the sto...

01/10/2021

Bitcoin history repeating? 3 indicators suggest October will reignite the BTC bull market - https://blogtall.com/bitcoin-history-repeating-3-indicators-suggest-october-will-reignite-the-btc-bull-market/

Bitcoin (BTC) failed to break the so-called September curse as its price fell by a little over 7% into the month, despite a strong rebound rally right ahead of its close. Nonetheless, Bitcoin looks to be making a comeback in October, a month known for painting aggressive bullish reversals. ByBt.com....

01/10/2021

Guide to Tokyo – Cointelegraph Magazine - https://blogtall.com/guide-to-tokyo-cointelegraph-magazine/

01/10/2021

SEC extends four Bitcoin ETF deadlines by 45 days - https://blogtall.com/sec-extends-four-bitcoin-etf-deadlines-by-45-days/

The Securities and Exchange Commission (SEC) has extended the deadline of four Bitcoin exchange-traded funds (ETFs) on Friday for 45 days, citing the requirement for additional time to decide whether to accept the 19b-4 applications. The approval of four Bitcoin ETFs — Global X Bitcoin Trust, Valk...

01/10/2021

French regulator warns against unauthorized crypto platforms - https://blogtall.com/french-regulator-warns-against-unauthorized-crypto-platforms/

French stock market regulator, the Autorité des Marchés Financiers (AMF), continues monitoring the cryptocurrency market to warn investors about unauthorized crypto services. On Oct. 1, AMF updated its web portals identified as offering crypto and foreign exchange (forex) investments through unaut...

01/10/2021

'Say hi to Uptober' — Bitcoin price surges above $47K in minutes liquidating $270M in shorts - https://blogtall.com/say-hi-to-uptober-bitcoin-price-surges-above-47k-in-minutes-liquidating-270m-in-shorts/

01/10/2021

'Crypto is here to stay' - https://blogtall.com/crypto-is-here-to-stay/

Orlando Bravo, co-founder and managing partner of private equity firm Thoma Bravo, expressed his unwavering endorsement of the cryptocurrency market in an interview at CNBC’s Delivering Alpha conference on Wednesday, revealing that he is “very bullish” on his personal investment in Bitcoin (BT...

01/10/2021

Global CBDC bridge needs public and private cooperation, says BIS - https://blogtall.com/global-cbdc-bridge-needs-public-and-private-cooperation-says-bis/

The Bank for International Settlements (BIS) continues investigating the development of the global central bank digital currency (CBDC), publishing a new joint report with seven central banks. Released Sept. 30, BIS’ latest CBDC report refers to joint efforts to explore a retail CBDC alongside the...

01/10/2021

Bitcoin price eyes $50K as the US Dollar retreats after hitting its one-year high - https://blogtall.com/bitcoin-price-eyes-50k-as-the-us-dollar-retreats-after-hitting-its-one-year-high/

Bitcoin (BTC) looks to reclaim $45,000 on Oct. 1 as the U.S dollar retreated lower after hitting its one-year high. Bitcoin’s tight inverse correlation with the greenback over the past month suggests that a weakening dollar could push BTC price even higher in the coming sessions. Bitcoin-dollar co...

01/10/2021

Analyst nails Bitcoin monthly close 2 months running — his October target is $63K - https://blogtall.com/analyst-nails-bitcoin-monthly-close-2-months-running-his-october-target-is-63k/

Bitcoin (BTC) was keen to retain $44,000 on Oct. 1 as the monthly close sparked a late show of strength. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC monthly close matches PlanB prediction Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it first returned to...

01/10/2021

Singapore finance authority grants licenses to Independent Reserve and DBS - https://blogtall.com/singapore-finance-authority-grants-licenses-to-independent-reserve-and-dbs/

Singapore’s principal financial regulator, the Monetary Authority of Singapore (MAS), has officially approved two companies to offer cryptocurrency services in the country. MAS issued Oct. 1 licenses to Australian crypto exchange Independent Reserve and DBS Bank’s brokerage arm, DBS Vickers (DBS...

01/10/2021

DJ Paul Oakenfold to launch album on Cardano, NFL confirms NFTs, and more - https://blogtall.com/dj-paul-oakenfold-to-launch-album-on-cardano-nfl-confirms-nfts-and-more/

Cardano’s daggy dad turns DJ Cardano founder Charles Hoskinson has teamed up with legendary electronic dance music (EDM) DJ Paul Oakenfold to launch a tokenized album on Cardano. Oakenfold is a three-time Grammy Award nominee and his career in the music industry spans back to the early 1980s. His ...

01/10/2021

Value locked in DeFi grows 936% in one year, NFT sector strengthens: DappRadar - https://blogtall.com/value-locked-in-defi-grows-936-in-one-year-nft-sector-strengthens-dappradar/

New research by analytics platform DappRadar has revealed the extent to which decentralized finance and nonfungible token (NFT) markets have grown this year. In its Sept. 30 “Value Flow Report”, crypto analytics platform DappRadar reported that recent trends have seen sizable growth in NFTs and ...

01/10/2021

Billion dollar Bitcoin mining industry resumes in Iran after three month ban - https://blogtall.com/billion-dollar-bitcoin-mining-industry-resumes-in-iran-after-three-month-ban/

The Iranian government will allow licensed cryptocurrency miners to resume operations today following a three-month ban imposed by former President Hassan Rouhani on May 26th, 2021. The initial ban was put into effect due to concerns over the stability of the country’s unreliable power grid. The m...

01/10/2021

Senator Bragg tells NFT Fest new Australian crypto legislation likely in 2022 - https://blogtall.com/senator-bragg-tells-nft-fest-new-australian-crypto-legislation-likely-in-2022/

Liberal Senator Andrew Bragg has told a local industry event that Australia’s digital asset plan to create cryptocurrency-related legislation is “coming” soon and could be enacted in 2022. He also backed plans to run the sector on renewable energy as part of the government’s yet-to- be-estab...

01/10/2021

South Korean crypto tax delay thwarted - https://blogtall.com/south-korean-crypto-tax-delay-thwarted/

Lawmakers in South Korea settled a long political battle on Sept. 30th and headed off moves by the ruling party to delay the implementation of the controversial crypto tax legislation. In a meeting on the 26th but only reported yesterday, Finance Minister Hong Nam-ki and key Democratic lawmakers fro...

01/10/2021

Societe Generale proposes historic $20M DAI loan in exchange for bond tokens - https://blogtall.com/societe-generale-proposes-historic-20m-dai-loan-in-exchange-for-bond-tokens/

One of France’s leading banks has turned to decentralized finance pioneer MakerDAO to propose the submission of bond tokens as collateral for a loan of the DAI stablecoin. The historic proposal called “Security Tokens Refinancing” was submitted to Maker’s governance forums by the internation...

01/10/2021

DOGE co-founder sets sights on Ethereum bridge and NFTs for mass adoption - https://blogtall.com/doge-co-founder-sets-sights-on-ethereum-bridge-and-nfts-for-mass-adoption/

Dogecoin (DOGE) co-founder Billy Markus has set his sights on nonfungible tokens (NFTs) and an Ethereum-to-Dogecoin bridge to help bring about for mass adoption of the meme coin. In a Sept. 30 tweet, Markus emphasized the importance of completing the Ethereum-Dogecoin bridge so that the asset could....

01/10/2021

Looking deeper into China's biggest ban yet – Cointelegraph Magazine - https://blogtall.com/looking-deeper-into-chinas-biggest-ban-yet-cointelegraph-magazine/

This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. Well, it finally happened. The regulation-driven crypto-apocaly...

01/10/2021

Bitcoin Price Bias Investing - Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides - https://blogtall.com/bitcoin-price-bias-investing-bitcoin-magazine-bitcoin-news-articles-charts-and-guides/

Source: Author modification of 43/1995 from goodfreephotos.com You try to have the Bitcoin conversation. All you hear back is fear, uncertainty or doubt (FUD). You try to explain Bitcoin and their eyes glaze over. Often no-coiners or alt-coiners just don’t want to hear about Bitcoin. Cognitive Bia...

30/09/2021

DeFi and DEX volumes soar amid China's crypto ban and ongoing US regulation - https://blogtall.com/defi-and-dex-volumes-soar-amid-chinas-crypto-ban-and-ongoing-us-regulation/

Last week China’s heavy-handed crackdown on crypto trading crypto briefly sent shockwaves across the market as Bitcoin and altcoin prices saw a sharp drop following the announcement, but as is the case with all things crypto-related, the market bounced back as resilient traders found other ways to...

30/09/2021

Keynesianism Benefits Money Printers, Not The Rest Of Us - https://blogtall.com/keynesianism-benefits-money-printers-not-the-rest-of-us/

The below is a direct excerpt of Marty’s Bent Issue #1086: “Keynesianism doesn’t work because it discards local information.” Sign up for the newsletter here. You can hone in on Keynesianism or zoom out further and focus on the broad topic of top-down control. Any way you cut it, it has beco...

30/09/2021

How To Identify Bitcoin Price Bottoms - https://blogtall.com/how-to-identify-bitcoin-price-bottoms/

The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. In today’s Daily Dive we will dig into a new metric for timing bit...