Monthly Archives: June 2021

Interview: Surfing The Bitcoin Wave With Bethany Hamilton And Adam Dirks

Professional surfer Bethany Hamilton and her husband Adam Dirks joined Matt Odell on the “Bitcoin Magazine Podcast.” Watch This Episode On YouTube Listen To This Episode: Apple Spotify Google Libsyn Overcast For this special edition of the “Bitcoin Magazine Podcast,” Matt Odell sat down with Bethany Hamilton and her husband Adam Dirks. Hamilton is an American professional surfer who survived a 2003 shark attack in which she lost her left arm, before ultimately returning to professional surfing. Hamilton and Dirks both take faith very seriously and when […]

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Curve (CRV) sees 150% rebound as DeFi bottoms and ETH gas fees drop

Falling Ethereum gas fees, the launch of Convex Finance and the DeFi sector reaching a potential bottom back CRV’s impressive 150% rally since May 23. DeFi tokens and protocols took a heavy hit on May 19 as Bitcoin price dropped to $30,000 and while BTC has entered what some analysts describe as a ‘compression’ phase, the total value locked in DeFi and the value many of the sector’s tokens have yet to rebound to the levels seen before the market crash. Curve DAO token (CRV) stands among […]

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Vitalik Buterin Says People Difficulties Not Technical Difficulties Slowed the Ethereum 2.0 Rollout

The cofounder of Ethereum, Vitalik Buterin, recently discussed the highly anticipated full transition from a proof-of-work (PoW) consensus model to proof-of-stake (PoS) as its replacement. Buterin admitted at Hong Kong’s Startmeup HK 2021 Festival that the transition was taking too long and highlighted that it wasn’t technical problems but “related to people.” Buterin: ‘If You Build a Team, It Is Important to Know Who You Are Working With Vitalik Buterin has discussed the anticipated Ethereum 2.0 transition during the Startmeup HK 2021 Festival in Hong Kong this […]

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Ethereum has strong fundamentals, so why are pro traders bearish on ETH?

Ethereum price has outperformed Bitcoin by 32% since May but derivatives data shows pro traders are feeling less bullish about the top altcoin. Ether (ETH) has outperformed Bitcoin (BTC) by 32% since May and even though there has been a steady flow of bullish reports from JPMorgan and Goldman Sachs, derivatives metrics show elements of bearishness in both assets.  Ether and Bitcoin price change since May. Source: TradingView Bitcoin is trading 41% below its $64,900 all-time high and that move has driven the “Crypto Fear and Greed […]

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Data Shows BSC Dapps Lost $167 Million Last Month From Flash Loan Attacks

Binance Smart Chain (BSC) decentralized applications (dapps) have been hit with a number of flash loan attacks in recent weeks. According to collected data by Rekt, during the last 30 days BSC has lost a total of $167 million from these flash loan exploits. Flash Loan Hackers Prey on Binance Smart Chain Dapps – $167 Million Siphoned in May Flash loan attacks have become an issue for the Binance Smart Chain (BSC) as a myriad of BSC dapps were breached during the month of May. Essentially, these […]

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Southern China warns investors against illegal token platforms

China’s southern Hainan province is the latest to warn investors against crypto-based fundraising schemes. Following China’s major regulatory crackdown on cryptocurrencies, financial regulators in Hainan, the smallest province in the country, reportedly issued a warning against crypto or blockchain-themed illegal fundraising schemes. According to local reports, the Hainan branch of the People’s Bank of China, the central bank of the country, and the local financial supervision authority were among the regulators who made the announcement. Regulators warned investors about illegal fundraising campaigns that use virtual currency or […]

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Binance Extends Blockade of Zimbabwean Crypto Users to Include Non-Resident Traders

Malta-based cryptocurrency exchange, Binance, has reportedly extended its blockade of Zimbabwean users to include non-resident citizens. As a result of the new measures, all Zimbabwean nationals are now precluded from using the Binance trading platform. Zimbabwean Nationals Blocked Prior to the introduction of this new measure, Binance apparently allowed Zimbabwean nationals with non-Zimbabwean residential addresses to access its trading platform, while those residing in-country were blocked. Still, some Zimbabwe-based crypto users were able to circumvent this blockade by installing virtual private network (VPN) apps on their devices. […]

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Bitcoin 2021: The Elusive Bitcoin ETF

Annemarie Tierney, Ryan Louvar, Matt Hougan Steve McClurg and Rep. Warren Davidson discussed Bitcoin ETFs in this session. This conference session took place during Whale Day at the Bitcoin 2021 conference in Miami on June 4 and 5. Make sure that you set a reminder for the Bitcoin 2021 day one YouTube live stream and one for the Bitcoin 2021 day two YouTube live stream now. In this Bitcoin 2021 Whale Day speaker session, Annemarie Tierney, Ryan Louvar, Matt Hougan, Steve McClurg and Rep. Warren Davidson discussed […]

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Bitcoin Exchange Paxful Launches Paxful Pay, Enabling Merchants To Receive Bitcoin Payments

Paxful has announced Paxful Pay, an ecommerce checkout integration that allows merchants worldwide to receive bitcoin as payment. Paxful, a global, peer-to-peer bitcoin exchange platform, has announced the launch of Paxful Pay, a new ecommerce solution to allow businesses around the world to receive bitcoin as payment for their goods and services, according to a news release. “We’re thrilled to bring Paxful Pay to our global community,” shared Artur Schaback, COO and cofounder of Paxful, per the release. “There is a clear need to offer local options […]

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Here’s 3 ways the relative strength index (RSI) can be used as a sell signal

Bearish divergences and overbought conditions on the RSI are signals traders can look for when considering whether to close a position. A trade is profitable only if both the purchase and the sale are done at the right time. Many times, traders sell their positions too early and leave profits on the table or they keep holding on to the trade even after the trend changes. This leads to profits evaporating, and many times the trade turns into a loss. While it is important to trade with […]

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