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    Saturday, August 8, 2020

    Crypto Currency Markets ChainLink Price Continues Surging Above $11 Despite Criticism

    Crypto Currency Markets ChainLink Price Continues Surging Above $11 Despite Criticism


    ChainLink Price Continues Surging Above $11 Despite Criticism

    Posted: 08 Aug 2020 09:09 AM PDT

    Erik Voorhees: Bitcoin Will Eventually Become Reserve Currency

    Posted: 08 Aug 2020 10:02 PM PDT

    Largest South Korean Bank Joins The Crypto Custody Business

    Posted: 08 Aug 2020 08:36 AM PDT

    Bitfinex Is Paying hackers to recover stolen Bitcoin from 2016 hack

    Posted: 08 Aug 2020 09:36 AM PDT

    EU Institutions Will Utilize Circle's USDC Stablecoin

    Posted: 08 Aug 2020 09:58 PM PDT

    Cardano price: What's next?

    Posted: 08 Aug 2020 10:37 PM PDT

    CHAINLINK GOES PARABOLIC... $20 NEXT? & BULL RUN TO $200?

    Posted: 08 Aug 2020 06:43 PM PDT

    $68 trillion transfer of wealth may benefit Bitcoin (BTC) & $1 Billion dollars in Bitcoin moved..hmm

    Posted: 08 Aug 2020 10:19 PM PDT

    What will you choose?

    Posted: 08 Aug 2020 10:18 PM PDT

    Bitcoin to $20,000 as bullish sentiment prevails

    Posted: 08 Aug 2020 04:47 AM PDT

    North Dakota Plans To Create Crypto To Mitigate COVID-19 Impact

    Posted: 08 Aug 2020 10:05 PM PDT

    Millennials and Institutional Investors Play Vital Role in the Bitcoin Economy

    Posted: 08 Aug 2020 06:23 AM PDT

    Top coins according to trend and momentum indicators, August 8th

    Posted: 08 Aug 2020 05:46 PM PDT

    Over One-Third Of US Investors Are Investing In Bitcoin

    Posted: 08 Aug 2020 11:15 AM PDT

    NBA stars headline Dapper Labs latest $12mln funding round

    Posted: 08 Aug 2020 11:07 AM PDT

    Is algorand better than elrond?

    Posted: 08 Aug 2020 01:26 AM PDT

    You Bought Bitcoin for the First Time? Great! Now, It’s Time to Define a Strategy and Stick to It

    Posted: 07 Aug 2020 11:27 PM PDT

    Wouldn't crypto be useless if the world went into chaos from a world wide economic collapse causing 1st world countries to turn into 3rd countries?

    Posted: 08 Aug 2020 04:23 PM PDT

    What I'm getting at is if things got so bad that power grids went down how would we use it?

    Also if by crazy chance all the computers running a certain crypto went down would you lose all the currency on that particular block chain?

    submitted by /u/71hondascrambler
    [link] [comments]

    Crypto market cap rising by nearly $100bn in 30 days, but volume has fallen significantly. However, exchange website traffic is on the rise ��

    Posted: 08 Aug 2020 07:50 AM PDT

    Crypto market cap rising by nearly $100bn in 30 days, but volume has fallen significantly. However, exchange website traffic is on the rise 📈

    So in the last 30 days, the total crypto market cap has rose from ~$260bn to a high of ~$360bn.

    Crypto Market Cap (30-day) from livecoinwatch.com

    Crypto Market Cap (30-day) chart from livecoinwatch.com

    Current market cap is sitting around the $355bn mark — the best 30 day run that the crypto market has seen for a while. The top 5 cryptos (BTC, ETH, XRP, USDT, BCH) account for 82% of the current market cap.

    Top 10 cryptos like ETH and Chainlink have made a significant impact during this 30-day run, up ~60% and ~75% respectively.

    But I've noticed that volume seems to have plateaued. Since a volume high of over $32bn on the 2nd August 2020, overall volume has dropped significantly — struggling to break the $20bn-per day level.

    Crypto Market Cap & Volume (7-day) from livecoinwatch.com

    Crypto Market Cap & Volume (7-day) chart from livecoinwatch.com

    While the drop in volume could be a natural part of market action, I think we'll need to see the $20bn-a-day level broken (heading back toward $25–$30Bn) before we see a continued push in this current bullish uptrend.

    However, this drop in volume hasn't yet coincided with any major fall in crypto prices/overall crypto market cap.

    Exchanges like Binance — while echoing the fall in volume — have actually seen an increase in overall traffic (and their Alexa ranking).

    Binance exchange: Lower volume but increasing website traffic

    Binance exchange: lower volume but higher website traffic

    Other exchanges, like Bitfinex and Kraken, have also seen a similar rise in traffic. Maybe this a sign of increasing interest, thus setting the foundations for the next run?

    Would be interested to hear people's thoughts are on this. What does the next 30-days have in store for crypto as a whole?

    (all images/graphs used are from livecoinwatch.com)

    submitted by /u/lewjc
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    Grayscale Bringing Crypto To The Masses On Your Favorite TV Channels

    Posted: 08 Aug 2020 01:42 AM PDT

    German Authorities Confiscate $30 Million in Bitcoin From Pirate Movie Site

    Posted: 08 Aug 2020 06:26 AM PDT

    Dan Morehead: Bitcoin Could Go $100K In Two Years

    Posted: 08 Aug 2020 05:55 AM PDT

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