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    Tuesday, August 17, 2021

    Home Unlabelled Crypto Currency Markets We'll see who has the last laugh

    Crypto Currency Markets We'll see who has the last laugh

    August 17, 2021

    Crypto Currency Markets We'll see who has the last laugh

    We'll see who has the last laugh

    Posted: 17 Aug 2021 04:30 AM PDT

    Poly Network Relaunches With a $500,000 Bug Bounty Program After $600M Hack

    Posted: 17 Aug 2021 05:45 PM PDT

    True

    Posted: 17 Aug 2021 02:05 AM PDT

    With Cryptocurrency Ban In Effect, Chinese Corporate Giant Alibaba Launches NFT Marketplace - With Gov Blessings...

    Posted: 17 Aug 2021 02:13 PM PDT

    Crypto Weekly Outlook: August 16, 2021

    Posted: 17 Aug 2021 05:38 AM PDT

    Here are some of the August 16, 2021 updates from Crowdsense :

    • It was announced on Friday that Cardano (ADA) is targeting the mainnet launch of the Alonzo hard fork for September 12th. This upgrade will enable users to finally run smart contracts on the network, meaning DeFi, gaming,and NFT applications will be supported. In anticipation of the announcement, ADA breached the $2 level and hasn't fallen below since. Even with the big news, cryptocurrency betting platform Polymarket is currently assigning only 82% odds that Cardano smart contracts will be supported by October 1st, moving up just 4% from the previous week. Skepticism aside, Cardano has moved into the top four cryptocurrencies by market cap and should be watched going forward, especially after having such a major 50% over the past week.

    ​

    • Ripple's XRP was also a major mover last week gaining north of 50%. Going forward, investors should be aware that the road to $2 is still quite steep. There are resistance levels at $1.40, $1.65, and at $1.82. Technical measures including Bollinger Bands and the RSI also suggest that XRP is overbought. Traders should tread carefully as well due to the fact that several major crypto trading venues, including Binance and Huobi, received a total of 61 million XRP tokens (worth $77M) from private wallets within the past 24 hours, with the probable intention of liquidating said tokens. On the positive side, according to Santiment, "in a never seen before trend, the XRP Network was closing in on a higher daily github development rate than Bitcoin, which has rarely occurred." In fact, development activity for XRP saw all-time highs over the weekend.

    • Infrastructure Bill Passage Update: The much maligned crypto tax and reporting provisions passed by the Senate last week still need to go through the House of Representatives. The House will return to session on August 23rd. House Speaker Nancy Pelosi is attempting to advance both the infrastructure bill and the $3.5 trillion spending package together, however, a number of moderate Democrats have said they would not support the spending package until the infrastructure bill gets approved, whereas a number of progressive lawmakers are saying the spending package must go first even though it likely won't be ready until the fall. Until some compromise is agreed upon, it's likely the infrastructure bill could languish for weeks if not months. A small number of House representatives from both parties have said the crypto language needs to be changed, but many Democrats are reluctant to change the bill in any way because doing so would return the bill to the Senate, where it could face additional challenges.

    • Is Dogecoin back? DOGE gained 34% over the past week and even broke the $0.30 level. The meme coin undoubtedly benefits when there's bullish momentum in the crypto market overall and Mark Cuban's recent comments that Dogecoin is the "strongest cryptocurrency as a medium of exchange" surely helped push it higher. Not to mention the fact that Elon Musk tweeted his agreement. Another billionaire aggressively promoting the benefits of Dogecoin definitely adds to its story.

    submitted by /u/brazasbursary15
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    BTC ATM in Cambridge, MA, US

    Posted: 17 Aug 2021 04:17 PM PDT

    DeFi vs. Traditional Financial Sectors - Analysis & Examples

    Posted: 17 Aug 2021 08:50 PM PDT

    The guide explores what factors boosted the entire Decentralized Finance industry, and why analysts are predicting that DeFi is destined to disrupt the traditional financial sector: How DeFi Grew Into A $70+ Billion Industry

    DeFi provides a new space built on trustless and transparent blockchain technology which replaces the "trust layer" of finance. DeFi trades in financial intermediaries like asset management firms, banks and insurance companies replacing them with code and software.

    Catering to both developed and emerging markets, DeFi is able to provide greater product innovation and liquidity to financial markets, a wider variety of choices to consumers and is able to reduce the costs of transactions.

    submitted by /u/cmstrump
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    what's the best investment for the long term ?

    Posted: 17 Aug 2021 02:04 AM PDT

    Sudden rise of Solana takes crypto markets by surprise

    Posted: 17 Aug 2021 11:17 AM PDT

    Minority communities are investing in crypto to escape financial discrimination

    Posted: 17 Aug 2021 08:10 AM PDT

    Is todays market correction temporary or will it continue to drop?

    Posted: 17 Aug 2021 05:25 PM PDT

    Looking at coinmarketcap and seeing red for the majority of cryptos the past 24hrs. Do you think this is temporary and market will rebound or will it continue to fall?

    submitted by /u/game-still-stanking
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    Coin In Progress. Can Anyone Help

    Posted: 17 Aug 2021 08:46 PM PDT

    Hello, I was wondering if there is a website or bot that distributes coins to wallets automatically. We are looking into starting a coin for our company and wanted to know if there is one.

    submitted by /u/Dr_Death95
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    HUGE Crypto News - Fidelity Bitcoin, TikTok Ethereum, US Regulations, Polysign XRP, Mark Cuban Doge

    Posted: 17 Aug 2021 04:47 PM PDT

    Impossible Finance Research Report — IDIA Launchpad

    Posted: 17 Aug 2021 08:13 PM PDT

    I think the future holds many types of investment opportunities and I want to be able to take advantage of these fundamental changes. That being said, should I be using a portion of my retirement accounts for Crptocurrency?

    Posted: 17 Aug 2021 05:04 AM PDT

    Ergo And Cardano Combine To Create The Ultimate Blockchain Platform

    Posted: 16 Aug 2021 10:21 PM PDT

    Bitcoinilocks: The three bears watch the market.

    Posted: 17 Aug 2021 09:05 AM PDT

    Survey: Minorities are Turning to Crypto for Financial Freedom

    Posted: 17 Aug 2021 11:07 AM PDT

    BTCS Announces Reverse Stock Split in Preparation for Uplist to Nasdaq

    Posted: 17 Aug 2021 07:03 AM PDT

    Silver Spring, MD, Aug. 17, 2021 (GLOBE NEWSWIRE) -- BTCS Inc. (OTCQB: BTCS) ("BTCS" or the "Company"), a blockchain technology focused company, today announced that the Company has implemented a reverse split of its issued and outstanding common stock at a ratio of 1-for-10 shares.

    The reverse split is intended to enable the Company to meet the stock price requirement for initial listing on The Nasdaq Capital Market.

    The Company's common stock will begin trading on a split-adjusted basis on the OTCQB under the trading symbol "BTCSD" today. The fifth character "D" will be removed from the Company's trading symbol after 20 business days if the stock is still trading on the OTCQB, or upon the listing of the Company's common stock on Nasdaq, whichever occurs first. At that time, the Company's trading symbol will revert to "BTCS".

    Each 10 shares of the Company's issued and outstanding common stock will be automatically combined and converted into one issued and outstanding share of common stock, par value $0.001 per share. Proportional adjustments will also be made to all the Company's outstanding securities including the shares issuable in connection with the Company's outstanding convertible preferred stock, stock options, RSUs, and warrants. As a result of the reverse split, there will be approximately 5.7 million shares of common stock outstanding. Upon the effectiveness of the reverse split, there will also be a proportional decrease of the Company's authorized shares of common stock at the same ratio of 1-for-10, resulting in approximately 97.5 million authorized shares of common stock following the action.

    The reverse split will uniformly impact all stockholders, as it will not alter any stockholder's percentage equity interest in the Company, and not result in any dilution, except to the extent that the reverse split results in a stockholder owning a fractional share. Any fractional shares resulting from the reverse split will be rounded up to the next whole number of shares.

    Those shares of the Company's common stock held by stockholders through a brokerage account will automatically adjust to reflect the 1-for-10 share reverse split. It is not necessary that stockholders holding shares of the Company's common stock in certificated form exchange their existing stock certificates for new stock certificates in connection with the reverse split, although stockholders may do so if they wish.

    Stockholders should direct any questions concerning the reverse stock split to their broker or the Company's transfer agent, Equity Stock Transfer, Inc., at www.equitystock.com.

    Read more here.

    submitted by /u/beatricepetersson
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    LTC/BTC

    Posted: 17 Aug 2021 04:34 PM PDT

    Hi I'd like everyone's opinions on the ltc/btc pair, even though ltc has fallen alot in marketcap I was looking at the charts pairs and have been buying on the low but overtime the peaks have gotten significantly smaller.

    My question is if I'm still in a profit on ltc should I just swap for btc, I know no one can tell the future but want to hear opinions thanks

    submitted by /u/Makav3liii
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    Why Has AUDIO Surged More Than 150% Gains In Just Two Days?

    Posted: 17 Aug 2021 04:30 PM PDT

    CoinGecko trippin rn with the logos

    Posted: 17 Aug 2021 04:27 PM PDT

    The wiming strategy

    Posted: 17 Aug 2021 03:20 AM PDT

    Centralized exchanges have been around since the inception of cryptocurrencies, and still most of them could not add a beneficial upgrade to their characteristics.

    Posted: 17 Aug 2021 10:22 AM PDT

    I have been trading on centralized exchanges for years, and I can tell you, in addition to accepting fiat currencies, these platforms are easy to use and very accessible. However, as their name says, these platforms still hold full control over their investors' assets.

    This is why investors have been running towards decentralized exchanges, to overcome these obstacles. I mean nobody wants to invest their money in an asset, just to wake up and finding out his money is stuck. Decentralized finance is all about giving investors the true sense of ownership, through automated protocols. In addition, these protocols do offer an enhanced security comparing to centralized exchanges.

    Not to mention that decentralized exchanges care for their users. Like for example, Merrymen is a decentralized trading platform, that is expected to be out before the end of the year, and they have already guaranteed 20% of their tokens to Robinhood users, not only that, but also another 20% to communities of projects that provide initial dex liquidity.

    To be honest, all the said information are encouraging me to switch into a decentralized exchange. What do you guys think?

    submitted by /u/ryuk_luvs_apples
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