Market Wrap: Bitcoin Rebounds to $11.5K; Ethereum’s Gas Woes Worsen
Bitcoin is making up for lost gains after hitting a one-week low. Over on Ethereum, the fee situation continues to be problematic for traders. Bitcoin rebounded Wednesday, making gains from a 24-hour low of $11,119 on spot exchanges like Coinbase, a price point not seen since Aug. 5.
Congressman Calls Robinhood ‘Unethical’ as Trading Start-Up Vows to Improve
Robinhood Markets, the startup broker-dealer that has been attracting multiple times as many new clients as its competitors, has an “unethical” business model, a congressman who has been questioning the company said on Thursday.
First Mover: Ethereum Faces Inflation Problem as Gas Fees Soar
Congestion is building on the Ethereum blockchain, the second-largest blockchain, thanks to the recent popularity of dollar-linked “stablecoins” and “decentralized finance” applications like Compound.
Level of cryptocurrency scams ‘unprecedented in modern markets’
Cryptocurrency markets remain a scammers paradise, according to new research. Academics at the University of Technology Sydney and the Stockholm School of Economics in Riga found boiler room-style scams are rife and generate millions of dollars of suspicious trading volume each month.
First Mover: Ethereum Faces Inflation Problem as Gas Fees Soar – CoinDesk
Congestion is building on the Ethereum blockchain, the second-largest blockchain, thanks to the recent popularity of dollar-linked “stablecoins” and “decentralized finance” applications like Compound.
INSIGHT: Coinbase Could Become First-Ever Public U.S. Crypto Exchange
Rumor has it Coinbase could be the first major player in the U.S. cryptocurrency industry to go public, and using the mechanism of a direct listing, instead of a traditional initial public offering. Popular American-based cryptocurrency trading platform Coinbase has rumored plans to pursue a public debut later this year, or early next year—making the…
In this weekly Forex forecast, I’m going to show you exactly how I’m trading EURUSD, GBPUSD, XAUUSD, ETHUSD, and VETUSD through August 14, 2020. Watch the video below, and be sure to scroll down to see the charts and key levels for the week ahead.
Commissioner Hester Peirce Awarded 2nd Term at SEC
From now until 2025, the world of blockchain can look forward to at least one friendly face residing at the Securities and Exchange Commission. Earlier this week, Commissioner Hester Peirce was successfully voted into a subsequent term at the regulatory body.