Bitcoin Looks Ready for New Highs; But Expect Dips
Bitcoin looks ready for new highs if history is any indicator, as you can see in this chart comparing BTC 2012 – 2016 to 2016 – 2020.
News
Cryptocurrency news from around the world and beyond. We cover what happening with cryptocurrency today. We cover things like countries embracing or rejecting cryptos, price milestones for Bitcoin and Alts, new projects, upcoming forks, etc.
LTCN is Trading at Over 20 Times the Value of LTC
LTCN is trading like Litecoin is worth 20 times what it is worth. LTC is currently worth $60, while LTCN is trading like Litecoin is worth about $1,380.
ETH2 is Coming
After a long wait v1.0 of ETH2 (ETH 2.0) is being released in the next 6 – 8 weeks and the deposit contract is already live on Github.
LTCN and BCHG Premiums Are Both About 10x Above NAV
Litecoin and Bitcoin Cash trusts, LTCN and BCHG respectively, are both trading at about 10x premiums. Meaning they are trading for about 10x what they are worth.
PayPal Announces Crypto Buying, Selling and Shopping
PayPal announced they will begin letting customers, including 26 million merchants, buy, sell, and shop using crypto.
DOJ and CFTC File Charges Against BitMEX
The US Department of Justice (DOJ) and the Commodity Futures Trading Commission (CFTC) have filed charges against BitMEX.
If You Ever Used Uniswap, you Just got the UNI Airdrop
Uniswap airdropped $400 million-plus worth of Uniswap (UNI) tokens to loyal users. Anyone who used Uniswap prior to Sept 2020 qualifies.
Coinbase Adding YFI, LRC, and UMA
Coinbase plans to add YFI, LRC, and UMA according to recent blog posts. UMA has launched while LRC and YFI are coming soon.
SushiSwap Founder Exits and CEO of FTX Saves the Day
Head of SushiSwap, NomiChef, panic sold all his Sushi a week after forking Uniswap. Luckily for holders of the DeFi pop-up project, the CEO of FTX swooped in to save the day.
Yams Goes from $60m to $0 in Moments as Bug Fix Vote Fails
The new hot DeFi coin Yams was supposed to earn everyone 2% a day. But the hype train go derailed when the rushed project crashed to $0 after a key vote to fix a bug failed.