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Visa Executive Criticizes Federal Reserve, Calls On Consumers To 'Opt Out With Bitcoin'

Bitcoin is on the verge of getting the same boost that helped it hit $12,500 earlier in August.A key bull figure has re-emerged despite a damaging speech by the Federal Reserve that caused the U.S. dollar currency index (DXY) to decline.As of Aug. 28, the DXY measured 92.28 — its lowest since Aug. 19. That's good news for safe havens …
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New Polkadot-Ethereum Bridge Could Enable Cross Chain DeFi Composability

A new project building on Polkadot wants to create a comprehensive bridge with Ethereum that would eventually relay direct smart contract instructions.The bridge is being developed by Snowfork, and the initial implementation is straightforward, only allowing Ether and ERC-20 tokens to be transferred over to Polkadot. The bridge is also fully symmetric.The vision for the bridge is to be as …
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Welcome to Crypto News Blocks. We take full-length news articles and summarize them into a handful of easy to read bullet points. Make the most of your downtime and catch up on all the latest news.

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3 reasons why Yearn.finance YFI price just hit a new high of $18K

Yearn.finance’s YFI token has hit a new all-time high following Aave’s listing and a hint at FTX partnership. YFI, the native token of the Decentralized Finance (DeFi) giant yearn.finance, achieved a new all-time high. It soared by 30% in the last 12 hours from $14,017 to $18,169, entering price discovery.The price chart of yearn.finance’s YFI in the last two weeks. …
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3 reasons why Yearn.finance YFI price just hit a new high of $18K

Visa exec says buy Bitcoin as dollar index nears $12.5K BTC trigger

Visa exec says buy Bitcoin as dollar index nears $12.5K BTC trigger
A key bull trigger for Bitcoin reemerges as even a Visa executive pours scorn on the Fed and calls on consumers to “opt out with Bitcoin.” Bitcoin (BTC) is inches away from getting the same boost that helped it hit $12,500 earlier this month, data shows.On Aug. 28, the U.S. dollar currency index (DXY), fresh from losses caused by a …
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Ethereum Reaches a “Do or Die” Range Following Harsh Rejection at $396

Ethereum’s price saw a rapid surge earlier this morning that sent it to highs of $396 before it faced a massive influx of selling pressure that caused it to nearly instantly reverse all of its recent gains. This movement came about in tandem with a similar one seen by Bitcoin, which was able to push as high as $11,600 before …
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Ethereum Reaches a “Do or Die” Range Following Harsh Rejection at $396

Traders say Bitcoin now faces 2 main scenarios: $16K or $9.6K — Here's why

Traders say Bitcoin now faces 2 main scenarios: $16K or $9.6K — Here's why
As Bitcoin price corrects, traders debate whether BTC will visit $9.6K or $16K first. The price of Bitcoin (BTC) has declined by more than 6% in the last three days and with the $276 million CME Bitcoin futures expiry approaching on Aug. 28, traders are nervous that additional downside could be in store.Following Bitcoin’s rejection at $12,500, traders foresee two …
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Margin Traders Go Short on Polkadot as Its Massive Ascent Continues

Polkadot has become a rising star within the crypto markets, with the layer one “Ethereum killer” seeing massive inflows of capital throughout the past few weeks that have allowed it to become one of the largest crypto assets. Currently, DOT is the sixth-largest cryptocurrency, with its market capitalization only being a few million away from passing that of Chainlink. This …
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Margin Traders Go Short on Polkadot as Its Massive Ascent Continues

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