CryptoLandβ„’ Signal | Analysis | News
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Real-time crypto signals, analysis & news.
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πŸ’  Lagging futures premium shows BitMEX is losing investor trust

πŸ–‡ BitMEX is maintaining respectable liquidity and open interest but the exchange could still face a total client exodus. For BitMEX, 2020 has been quite a rough year and from the look of things it’s only set to get worse.

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πŸ’  Ethereum 2.0 Testnet Size Tops 75 GB as Staked Test ETH Crosses 2 Million

πŸ–‡ With just 2 months over since the release of the Ethereum 2.0 Medalla testnet, the network has already grown to the size of 75GB of data per node. Also, test ETH staked on Eth2 have surpassed the 2 million mark.

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πŸ’  New Bitcoin addresses hit two-year high after China advertises crypto

πŸ–‡ China may be behind a large spike in new Bitcoin (BTC) addresses as authorities launch a β€œtargeted marketing campaign” β€” in favor of crypto.

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πŸ’  Trump delays stimulus, Bitcoin dumps shortly thereafter

πŸ–‡ Discussions with regard to a second stimulus package for the people of the United States have been ongoing for months. Today, President Trump decided to push the matter back until after the 2020 presidential elections have concluded.

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πŸ’  Bitcoin’s Options Market Retains Long-Term Bull Bias Despite Sluggish Price

πŸ–‡ Longer-term sentiment in bitcoin’s (BTC) options market remains bullish even as the the cryptocurrency struggles to claw its way back to $11,000.

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πŸ’  Bitcoin price holds $10.5K but a $30M sell wall looms overhead

πŸ–‡ A 2,800 BTC sell wall on Binance heightens the chance of a sell off and is keeping Bitcoin price trapped below $11K.

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πŸ’  Yearn Finance (YFI) to Revamp Vaults as Liquidity Tumbles 26% in a Month

πŸ–‡ In order to keep up with the competition in the rapidly evolving world of DeFi, constant innovation is required and Yearn Finance is revisiting their vaults in preparation for a revamp.

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πŸ’  Google Cloud joins EOS blockchain community

πŸ–‡ Google Cloud has joined the EOS blockchain community with the intent of becoming a block producer. This would require approval of the EOS community. EOS, which has often been criticized for excessive centralization, has 21 block producers in total.

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πŸ’  3 key on-chain metrics point to a bullish reversal in Ethereum price

πŸ–‡ DeFi-tokens corrected heavily over the past 30-days but on-chain data suggest Ether is in the early stages of a bullish reversal.

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πŸ’  A 2016-level massive Bitcoin price volatility spike might be near

πŸ–‡ The Bollinger Band shows the Bitcoin price might see a spike in volatility, similar to 2016’s post-having cycle.

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πŸ’  EOS Price Gained 17% as Google Cloud Joins The Blockchain Community

πŸ–‡ According to Block.One, Google Cloud May Become the next EOS BP. In response to the news, the EOS Token soars 17%.

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πŸ’  ETH hash rate hits all time high, mining it is 3X more profitable than BTC

πŸ–‡ The Ethereum hash rate broke the 250 TH/s barrier for the first time since Aug. 2018

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πŸ’  Rep claims his firm was 8 years ahead of its time on DeFi

πŸ–‡ DeFi failed to catch on eight years ago, according to comments from Yoni Assia, founder and CEO of financial platform eToro.

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πŸ’  US is losing 'tech cold war with China' says Ripple co-founder

πŸ–‡ Ripple’s executive chairman has slammed U.S. lawmakers for losing the blockchain arms race to China

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πŸ’ RSK Bitcoin sidechain ports Dai to connect with Ethereum DeFi

πŸ–‡ The team behind RSK announced Tuesday that Maker’s DAI stablecoin is now available on the platform. The integration makes it possible to transfer DAI from Ethereum to the RSK sidechain, which makes it available for use in its Bitcoin-backed decentralized finance ecosystem.

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πŸ’  Fraudsters are switching from credit cards to Bitcoin

πŸ–‡ Fraudsters are taking advantage of the irreversible nature of crypto transactions, says MyChargeBack’s vice president of global operations, Michael Cohen.

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πŸ’  BitMEX exchange operator shuffles leadership in wake of criminal charges

πŸ–‡ BitMEX's operator has allocated new leadership roles with immediate effect.

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πŸ’  Wrapped Bitcoin tops $1B after 900% increase in two months

πŸ–‡ The recent DeFi frenzy has seen $900 million worth of Bitcoin tokenized using Wrapped Bitcoin over the past two months.

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πŸ’  DeFi market cap drops 25% in one day

πŸ–‡ The DeFi markets took a sharp downturn yesterday, with the combined capitalization of DeFi assets falling 25% while volumes shrunk 30%.

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πŸ’  Jack Dorsey’s Square purchases $50 million worth of bitcoin

πŸ–‡ Square, Twitter CEO Jack Dorsey’s payment company, has purchased around 4,709 bitcoin at an aggregate purchase price of $50 million, i.e. at an average price of around $10,600 per bitcoin.

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