• Dogecoin’s [DOGE] TikTok Pump Ends As Its Price Plummets
    Coingape - 5 hours ago
    Tesla CEO, Elon Musk’s favorite cryptocurrency, Dogecoin [DOGE] had been in the news all week following a significant price surge. However, the coin has been plummeting proving it was a victim of a pump and dump scenario.  Has Dogecoin’s Hot Streak Ended? Over the years, Bitcoin, the first and the largest cryptocurrency has been dominating
  • Cardano’s Shelley Undergoes ‘Dress Rehearsal’; All Set For July Release
    Coingape - 1 day ago
    The Cardano network seems to be on track as the community anticipates the release of Shelley by the end of this month. IOHK’s Tim Harrison sheds light on the progress of the Shelley rollout.  Cardano To Release A New Testnet Altcoins endured an eventful week following significant price surges across the cryptocurrency market. Amongst the
  • Did This Cryptocurrency Devs. Lie to the US Government for COVID-19 Relief Fund?
    Coingape - 1 day ago
    Out of 660,000 application of the Paycheck Protection Program (PPP) from the CARES fund (Coronavirus Aid, Relief, and Economic Security (CARES) Act more than 75 start-ups are working with cryptocurrency and Bitcoin. The report released by the SBA reveals the details of the $700+ billion fund. According to the report, the owner of the Electric Coin
  • Why Stablecoins Are Not True Cryptocurrencies: Analyst
    Coingape - 2 days ago
    The realm of cryptocurrency is expanding with DeFi, but stablecoins (and digital FIAT) are starting to threaten the principles and on-boarding of cryptocurrencies altogether.  Recently, USDC issuer CENTRE called on a blacklist function to restrict the account of activities of the associated Ethereum address. This goes against the principles of censorship resistance and cryptocurrencies altogether.
  • With US Sanctions Likely, A Crypto Settlement Crisis Looms in Hong Kong
    Coingape - 2 days ago
    The Maintenance of the National Security Law was on June 30, 2020, swiftly passed during the meeting of the 13th NPC Standing Committee effectively “gaging” Hong Kongers. The law comprise three ordinances that make up the city-state’s penal law. The National Security Law Trigger Specifically, the Society’s Ordinance covers elements relating to national security. It
  • Ethereum 2.0 Off Track? Phase 0 Most Likely To Release In 2021
    Coingape - 2 days ago
    Eth2 behind schedule as Ethereum 2.0 researcher expects Phase 0 to release in January 2021. However, Vitalik Buterin urges the release of Phase 0 in 2020.  Ethereum 2.0 Long Overdue? The Ethereum community has been awaiting the network’s biggest update for the longest time now. Ethereum 2.0 also known as Serenity would initiate the transition
  • Huobi Launching Bitcoin Options, VP Bodes Positive News for Huobi Token [HT]
    Coingape - 2 days ago
    The VP of Huobi crypto exchange announces the launch of the options market.  Options trading, as the name suggests provides an option, rather than an obligation to buy or sell (call or put) the underlying asset at a specific price and time in the future. The sellers/writers of the options charge a premium for the
  • Ethereum DApps Record 334% Increase In Transaction Volume Since Q2 Of 2019
    Coingape - 2 days ago
    Prominent cryptocurrency network, Ethereum has a significant network update underway. While the update is still in works, the network has been faring well not only in the DeFi space but has also taken over the DApp market.  Ethereum Community Prepping The Right Way For ETH 2.0 Decentralization has been one of the major driving forces
  • Bitcoin Technical Analysis: XBT/USD Fake Breakout Sabotages Rally To $10,000
    Coingape - 2 days ago
    Bitcoin/US dollar perpetual inverse swap contract falls back to $9,200 support after hitting a wall under $9,500. XBT/USD is clinging to the 50-day EMA support in a bid to prevent possible declines under $9,000. Bitcoin/US dollar perpetual inverse swap contract has resumed the downtrend following a rejection from levels close to $9,500. A short-lived rally
  • Bitcoin Price Analysis: Why BTC/USD Breakdown To $8,000 Is Around The Corner?
    Coingape - 2 days ago
    Bitcoin price rejected from levels under $9,500 to seek balance above $9,200. BTC/USD is staring into a bottomless pit especially if the triangle support fails to hold. Bitcoin corrected above $9,400 for the first time this week. Unfortunately, it became an uphill task to sustain gains about above $9,500; a move that could have eventually
  • Bitfinex’ NYAG Jurisdiction Appeal Denied; Crypto Exchange To Face NY Suit
    Coingape - 3 days ago
    Prominent cryptocurrency exchange, Bitfinex, and stablecoin Tether have been denied a change of jurisdiction and must face suit in New York. ‘New York Traders Used Tether’, Argues Court As the popularity of the crypto-verse surges, the number platforms part of it also soars. Controversies don’t fall far behind. While some are accused of carrying out
  • Ripple CTO Sheds Light On Why XRP’s Price Is Still In Cents
    Coingape - 3 days ago
    While the latest altcoin rally pumped the price of several coins, the price of XRP went a little above 20 cents. Soon, the crypto community engaged in a conversation with Ripple’s CTO about the price of the coin.  XRP’s Price Still Hovering At 20 Cents Prominent cryptocurrency, XRP was recently dethroned by the largest stablecoin,
  • Coinbase Inc. in Preparation for a Stock Market Listing: Report
    Coingape - 3 days ago
    Coinbase Inc., one of the most popular cryptocurrency exchanges is reportedly readying a direct listing on the stock market, according to sources. An independent researcher, *Walter Bloomberg, tweeted about the news first. Reuters also published a similar report a while back, further confirming the reports. EXCLUSIVE-COINBASE INC KICKS OFF PREPARATIONS FOR A STOCK MARKET DEBUT-SOURCES
  • Political Fights At Another Leading Bitcoin Miner Manufacturer, Co-founder Leaves Board
    Coingape - 3 days ago
    Reports from China indicate that senior executives of Canaan creatives, one of leading bitcoin miner manufacturer, have been fired. The purge at Hangzhou offices was instigated by Zhang Nan Geng—the founder. Xiangfu Liu, the co-founder, has also reportedly left the board.  Power Struggle At Bitcoin Miner Manufacturer Canaan The in-fighting–as a Twitter user revealed, stems from
  • Brave Browser Sends Legal Threats to the Contributors of Open-Source Fork
    Coingape - 3 days ago
    The original developing firm of the Brave Software has issued a legal notice to the non-anonymous open-source developers of the brave browser fork, without ‘the adware and BAT token.’ Dean van Dugteren, founder of the NOS platform who is a code contributor to the new project clarified her stance on the engagement with the community and
  • Binance Futures Extends Support To DOGE/USDT Perpetual Contract
    Coingape - 3 days ago
    After a price change close to 90 percent, Dogecoin [DOGE] was welcomed into several cryptocurrency platforms. The price of the coin, on the other hand, has been continuing its uphill journey.  Dogecoin Finds Shelter At Numerous Crypto Exchanges Previously, catastrophes, partnerships, and even the price movement of Bitcoin have influenced the price of altcoins. However, price
  • Cardano Price Prediction: ADA/USD Journey To $0.2 Begins
    Coingape - 3 days ago
    Cardano begins the transition to the Shelly mainnet as the price skyrockets above $0.10. ADA/USD bulls fight for support above $0.12 in order to avert losses under $0.10. Cardano, the eighth-largest cryptocurrency by market capitalization is flying the bullish flag above the cryptocurrency landscape. Over the last six weeks, the digital asset has been a
  • Bitcoin Price Analysis: BTC/USD Begins To Make The Vital Steps To $10,000
    Coingape - 3 days ago
    Bitcoin price majestically steps above $9,400 and the trendline resistance; reviving the hope of trading above $10,000. BTC/USD could enter into consolidation based on the MACD’s sideways movement at the midline. Bitcoin price has finally broken above the key descending trendline. This follows a gradual recovery from the recent dip to $8,805. The 100-day Exponential
  • 5 Reasons Why Crypto Market is On the Verge of an Altcoin Season
    Coingape - 4 days ago
    The crypto market seems to be on the verge of revisiting the domain of an alt-season. Not only DeFi, but also other altcoins have been in a bullish trend for the last couple of weeks, while Bitcoin has basically stayed put. The disconnect between the bull markets in mid-cap altcoins and Bitcoin price is forming a
  • Dogecoin: Is a TikTok Led $1 Pump Possible with the Escalating Ban on Chinese Apps?
    Coingape - 4 days ago
    The TikTok Dogecoin pump was looking close to a realization this morning as the crypto shot up to a high at $0.005 with a 143% increase to highs in the last three days. The price of DOGE at 14: 45 hours UTC on 8th July 2020 is $0.0039 ( 42 sats w.r.t. BTC). A few