Bloxroute Releases Blockchain Distribution Network for Ethereum and Bitcoin Cash NewOn December 3, the crypto software firm Bloxroute’s cofounder, Eyal Markovich, announced the launch of the startup’s Blockchain Distribution Network (BDN) Version 1. Markovich explained that the BDN V1 release is a milestone for the company and the scalability service aims to enable exponential blockchain scaling by propagating blocks and transactions faster. Also Read: 23…
Russia’s Hydra Darknet Marketplace Plans $146M Token Sale NewAccording to regional reports, the Russian darknet market Hydra is planning an initial coin offering (ICO) in order to expand the marketplace internationally. The sale is set to start on December 16 and Hydra administrators hope to raise $146 million from the token sale. Also read: Regulatory Roundup – Bitcoin Futures Fund Approved, India’s RBI-Backed…
This Week in Bitcoin: $8 Billion BTC Trust and Maximalists Misbehaving NewThis Week in Bitcoin is your roundup of the prime talking points from across the cryptosphere. From the major news to the minor debates that erupted into huge arguments, we’ve captured the flavor of the frenetic soup that is Bitcoin and all that simmers in it. In this edition, the deadline for the $8 billion…
Quadrigacx Founder Dead or Alive? Request for Exhumation and Autopsy Filed NewThe founder of now-defunct crypto exchange Quadrigacx may still be alive, even though he supposedly died in India about a year ago. A court-appointed law firm is seeking an answer on behalf of affected users. The firm has requested an exhumation and post-mortem autopsy in Canada of the body of Gerald Cotten, as some 76,000…
Christmas Comes Early for Bitcoin.com Games Players NewBitcoin.com’s very own online gaming platform has a special promotion for the holiday season. Each day for the next 12 days, the players ranking in the top 10 places on the Stars leaderboard will be eligible to participate in a daily Christmas raffle. Players can win gift cards from Adidas, Columbia, Footlocker, Delta, and other…
The Country With Europe’s Highest Interest Rate Has Cut It 5 Times This YearAround half of European countries, over 20, now have 0% interest rates and a few are already in negative territory. Ukraine, which has the highest benchmark interest rate on the continent, has just reduced it again, for the fifth time this year. The race between central banks to cut rates, when there is inflation, has…
2019’s Bitcoin Miners Are 5x Faster Than PredecessorsHigh-powered bitcoin miners and next-generation semiconductors go hand in hand and as process node technology grows, SHA256 hashrate follows. Coinshares’ recent bi-annual mining report highlights that newly introduced mining rigs have “as much as 5x the hashrate per unit as their generational predecessors.” Advanced chip technology has grown relentlessly and it’s significantly bolstered ASIC device…
CV Market Watch™: Weekly Crypto Trading Overview (December 6-13, 2019)Bitcoin lowered its range, as the $7,300 support turned into resistance, sparking bearish attitudes.
Justin Sun Having Trouble with Weibo Account?Fears of censorship were raised after reports of Weibo banning the accounts of Sun and Changpeng Zhao were raised in the past days.
Changpeng “CZ” Zhao: China Wants to Control MiningAbove 60% of mining activity and block discovery is currently concentrated in China, and the government favors the activity.
Mindol (MIN) Completes Another Pump CycleThe relatively unknown asset is on track to join the top 20 of coins, solely based on pump-and-dump activity.
Tezos (XTZ) Continues Expansion, Enters Top 10XTZ is revving up to reach a new price range, boosted by momentum in trading.
Tether (USDT) Closes In on 1B Coins on TRON (TRX) NetworkThe USDT inflow into TRON is helping the network boost its presence, especially in the case of special exchange-based promotions.
Grayscale’s GBTC Points to Diminishing Interest in Bitcoin (BTC)The assets per share suggest GBTC is trading below the BTC par value, signalling a withdrawal of interest.
Hydra Dark Web Set to Begin Its ICO This Coming Monday NewRussian dark web marketplace Hydra says it is seeking nearly $150 million in bitcoin to continue its operations. Hydra Is Looking to Become Global The platform has announced an initial coin offering (ICO) set to begin next Monday on December 16. This is odd in the sense that most dark web marketplaces are looking to...…
Mark Yusko: BTC Will Reach $100K Within Two Years NewMark Yusko, a former bitcoin and crypto skeptic, thinks the BTC price is likely to hit $100,000 by the time 2021 rolls along. Mark Yusko Has Gone From Hater to Believer As the chief executive and chief investment officer at Morgan Creek Capital, Yusko was – at one time – not a believer in crypto...…
Tania Amador Foils Crypto Scammer Through Some Very Simple Steps NewCrypto scammers are wrought throughout the space, and people are consistently on edge hoping they don’t fall victim to these malicious individuals, but when a thief’s plans go awry, the victim is likely to get a nice feeling inside. Such feelings are likely being experienced by Tania Amador, a 28-year-old resident of Grand Prairie, Texas....…
Matic Cryptocurrency Has Lost Two-Thirds of Its ValueMatic – an alleged competitor of bitcoin – has reportedly sunk into oblivion and lost most of its value in just a matter of minutes. Matic: One of the Space’s Biggest Droops This is something that many crypto enthusiasts get stuck dealing with in one way or another. After all, even mega currencies like bitcoin...…
Bitfinex and Chainalysis Work Together to Battle Money LaunderingCybersecurity firm Chainalysis is unveiling its new compliance platform for Bitfinex, one of the world’s leading and most popular cryptocurrency exchanges. Chainalysis and Bitfinex Working Together The platform is designed to detect money laundering before it can occur and monitor any illicit activity that some customers may be looking to perform with cryptocurrency’s help. White-collar...…
Ross Ulbricht: BTC Will Hit the Six-Figure Mark Next YearRoss Ulbricht – the man who’s serving a life sentence for developing the notorious black marketplace Silk Road – is writing letters from prison and trying to guess where bitcoin’s price will head within the next year. Ulbricht Tries to Tell Us Where BTC Will Go According to Ulbricht’s latest letter, the world’s primary digital...…
Bitcoin Cash Analysis: BCH Could Resume Its DeclineBitcoin cash price is trading in a bearish zone below the $210 and $216 resistances against the US Dollar. The price is struggling to stay above the key $203 and $200 support levels. There is a major bearish trend line forming with resistance near $210 on the 4-hours chart of the BCH/USD pair (data feed...…
When Will Fintech Firm Venmo and PNC Bank Settle their Scuffle NewCustomers of Pittsburgh, Pennsylvania based bank holding company and financial services corporation PNC are having a tough time. But why? It has become exceedingly difficult to connect bank accounts to popular payments app Venmo. PNC Bank and Venmo are at War With Each Other As reported by the Wall Street Journal, a few hours ago,…
Billionaires Buying Bitcoin: Bill Pulte Announces 11 BTC Purchase NewThe number of billionaires holding Bitcoin continues to grow. The latest magnate to go public with his BTC purchase is the philanthropist Bill Pulte, who now wants to promote the benchmark crypto’s adoption. Billionaire Bill Pulte: “Cryptocurrency can help the world’s poorest.” Bill Pulte is the head of Pulte Capital Partners, one of the directors…
Bitcoin is This Decade’s Best Investable Asset NewBitcoin has had its share of unnerving time periods – but over the last decade, it has been one of the best investable assets. Appearing as a “black swan”, BTC reached extraordinary valuations. Bitcoin Became a ‘Wild Card’ for Personal Finance Acquiring $1 worth of BTC in 2010 would translate into more than $90,000 today,…
Why Fund Managers Will Buy Bitcoin at $1 Trillion NewLarge funds are constrained by rules about profitability and portfolio balancing – hence they may be forced to shed assets like bitcoin that have the potential to return magnanimous gains. Diversification and Profitability Constraints Make Fund Managers Sell So far, stock selection rules and the fact that fund managers need to show profitability in their…
Vitalik Buterin: Ethereum Foundation Made $100 Million by Selling ETH at ATH NewAccording to a recent statement by Vitalik Buterin, he managed to convince the Ethereum Foundation to sell 70,000 ETH at the height of 2017’s parabolic run, resulting in a $100 million liquidity. ETH is still the second-largest cryptocurrency by market cap. However, its price today is nowhere near what it used to be two years…
Bitcoin Volatility Dwindling, Has BTC Taken an Early Vacation? NewBitcoin and cryptocurrency markets are slowing down. There has been very little activity over the past week as volumes and volatility decline. Technical indicators are also lining up which could indicate a larger move is imminent or is BTC on vacation for the rest of the year? Bitcoin Slowing Down This may not be such…
Sweden Joins China and Others in Central Bank Crypto Race NewIt seems that not a day goes by without another central bank jumping on the crypto train. Yesterday it was South Korea, today it is Sweden as plans to roll out the crypto krona gather pace. e-Krona Pilot Partnership Sweden’s central bank is poised to sign a deal with multinational professional services company Accenture to…
Bitcoin Volatility May Spike as Coins Consolidate in “Whale” Wallets NewIf you’ve been involved in the cryptocurrency community for any time at all, you likely have heard the word “whale” mentioned time and time again. For those not in the loop, a so-called whale is a digital asset holder that […] The post Bitcoin Volatility May Spike as Coins Consolidate in “Whale” Wallets appeared first…
European Central Bank Wants to Beat Other Countries in Digital Currency Game NewBitcoin may be falling, but central banks still want in on digital currencies. On Thursday, the newly-instated President of the European Central Bank, former Chair and Managing Director of the International Monetary Fund Christine Lagarde, said that one of her […] The post European Central Bank Wants to Beat Other Countries in Digital Currency Game…
Chainalysis Develops Robust Crypto Trading Monitoring System for Bitfinex NewBlockchain analysis firm Chainalysis has announced the development of a crypto trading monitoring system for cryptocurrency exchange giant Bitfinex. The news comes amid calls by financial regulators in different jurisdictions for robust oversight of digital currency transactions. Meanwhile, Bitfinex and […] The post Chainalysis Develops Robust Crypto Trading Monitoring System for Bitfinex appeared first on…
What is Saga? SGA Stablecoin Backed by Basket of Fiat CurrenciesSaga has a bold vision for the future of global commerce, and it has created a tool that may allow people everywhere to trade directly with each other. Unlike stablecoins, which rely on a single currency to maintain their value […] The post What is Saga? SGA Stablecoin Backed by Basket of Fiat Currencies appeared…
Crypto Market Update: Bitcoin, Ethereum, EOS & Tezos (XTZ) Price Analysis 13th DecBitcoin price followed a bearish path below the $7,600 and $7,500 support levels. BTC/USD tested the $7,120 support area and it seems like there is a risk of more losses in the near term. Similarly, most major altcoins such as […] The post Crypto Market Update: Bitcoin, Ethereum, EOS & Tezos (XTZ) Price Analysis 13th…
Square Crypto Gives Grant to Talented Lightning Network DevOpen-source funding in the cryptocurrency ecosystem can be extremely challenging, so well placed grants therein can make a huge difference. That’s why the Square Crypto initiative just went to bat for one talented developer, giving that dev a grant that […] The post Square Crypto Gives Grant to Talented Lightning Network Dev appeared first on…
SEC Doubles Down on Pro-Innovation Though Protective Crypto StanceWhile cryptocurrencies are but a small drop in the pond of global finance, authorities have only increased their scrutiny of this nascent industry over the past couple of months. The U.S. Securities and Exchange Commission (SEC), especially, has been harsh […] The post SEC Doubles Down on Pro-Innovation Though Protective Crypto Stance appeared first on…
3 reasons why Ethereum fundamentals are strong: ConsenSys co-founder NewEthereum has seen an increase in user activity throughout 2019. Backed by the strong growth of DeFi, the ecosystem is expected to expand rapidly entering into 2020. According to Joseph Lubin, the co-founder of ConsenSys which is considered to be the largest blockchain development software firm, the fundamentals of Ethereum are strengthening. Optimistic numbers for…
Bitcoin longs hit record high on Bitfinex, long squeeze incoming?The number of Bitcoin long contracts on margin trading platform Bitfinex has exploded in December to reach the highest level in years, far exceeding the levels of BTC’s late 2017 bull market. Traders currently hold more than 43,000 long positions, worth $299,784,000, on Hong Kong-based Bitfinex. The ratio is overwhelmingly skewed in favor of the…
Cardano will be joining Microsoft, LinkedIn, and Norwegian Airlines as McCann’s clientThe Cardano Foundation announced that it has appointed McCann Dublin, the Ireland-based hand of the global advertising agency, as its brand strategy and design agency. According to the company’s announcement, McCann will be tasked with realigning the Cardano brand with the company’s mission. The Cardano Foundation employs a global advertising agency to develop its brand…
Binance Latamex creates a fiat gateway for customers in Latin AmericaBinance, one of the largest cryptocurrency exchanges in the world, announced the launch of its new fiat gateway for Latin America. According to the company’s blog post, the new subsidiary will be called Latamex and was launched in partnership with Settle Network, Latin America’s largest digital asset settlement network. Binance launches Latamex to serve Latin…
The European Central Bank is evaluating the development of a stablecoinThe president of the European Central Bank (ECB), Christine Lagarde, pledged to meet the growing demand for stablecoins by getting “ahead of the curve” in the rapidly evolving economic environment. The European Central Bank embraces blockchain technology Speaking in Frankfurt, Germany, for her first press conference as president of the European Central Bank, Christine Lagarde…
PrimeXBT: Here’s what you need to know about the popular trading platformOver the past year, the crypto industry has watched the meteoric rise of PrimeXBT, a margin trading platform that allows users to trade a variety of different markets using up to 1000x leverage. PrimeXBT’s ascent to the top of the crypto margin trading game has come about as other competing platforms – like BitMEX and…
OKEx ranks first in terms of YTD returns among all exchange tokensDespite the massive downturn in the cryptocurrency market, some of the native utility tokens from the top exchanges in the world were able to keep most of the gains they made over the past year. Exchange tokens outperformed the rest of the market During the first half of the year, most of the cryptocurrencies in…
XRP Price Ready to See Strong Move; What Are Analysts Thinking? NewWhile all eyes have been on Bitcoin as of late, it may be time to pay XRP some heed. A top analyst recently noted that the popular altcoin is on the verge of seeing a bout of strong volatility, with the tug-of-war between both bulls and bears heating up on both sides, creating tighter and...…
What Miner Capitulation? Bitcoin Miners Confident in Price Prospects NewIf you have perused Bitcoin and Crypto Twitter at all over the past few weeks, you’ve likely seen the term “miner capitulation” mentioned again and again. You see, over the past few months, the price of BTC has fallen off a proverbial cliff, tanking from $14,000 to $7,000 in a matter of months. As this...…
Ethereum Could Plummet to Lower-$100 Level if Bulls Fail to Hold Key Support Level NewEthereum has been closely tracking Bitcoin’s price action in recent times, which has proven to be largely bearish. Both BTC and ETH are now trading at key support levels, and any further near-term downside could spark a massive capitulatory sell off that sends the cryptos reeling lower. For Ethereum, analysts are noting that $140 is...…
Bitcoin Poised to Collapse Under $5,000? Market Cycle Fractal Suggests So NewOver the past few weeks, Bitcoin (BTC) has found itself consolidating in the low-$7,000s, holding this key support region as bears threaten the cryptocurrency’s demise. While this consolidation has been bullish, in that selling pressure has abated for weeks, setting the stage for a bullish reversal, a market cycle analysis by a popular crypto trader...…
Bitcoin’s Reaction to This Critical Level Could Determine How It Trends In 2020 NewAfter an extended period of trading sideways around $7,200, Bitcoin’s bears have once again gained control of the cryptocurrency and have sent to a key support level. BTC’s bulls have so far been able to defend this level, but it remains unclear as to whether it will continue to hold as the weekend continues on....…
What’s the Best Way to Drive Bitcoin Adoption? Billionaire Says Crypto Giveaways NewCryptocurrency has long been something given away. In fact, the first Bitcoin (no, not a whole coin) this writer ever received was through a BTC faucet, which if you remember are these services that play ads and grant viewers a few satoshis here or there, often $0.25 or so. According to a top philanthropist, giving...…
Could Bitcoin Price Press Higher as PlusToken Liquidations Slow? NewOver the past few months, the crypto industry has been awash with news about the PlusToken Bitcoin scam, which allowed scammers to accrue billions worth of digital assets over the course of a year-long operation. For some context, PlusToken was a cryptocurrency “wallet” and storage solution that gave users returns on their deposits and also...…
- XRP Price Ready to See Strong Move; What Are Analysts Thinking?While all eyes have been on Bitcoin as of late, it may be time to pay XRP some heed. A top analyst recently noted that the popular altcoin is on the verge of seeing a bout of strong volatility, with the tug-of-war between both bulls and bears heating up on both sides, creating tighter and...…
- Bloxroute Releases Blockchain Distribution Network for Ethereum and Bitcoin CashOn December 3, the crypto software firm Bloxroute’s cofounder, Eyal Markovich, announced the launch of the startup’s Blockchain Distribution Network (BDN) Version 1. Markovich explained that the BDN V1 release is a milestone for the company and the scalability service aims to enable exponential blockchain scaling by propagating blocks and transactions faster. Also Read: 23…
- What Miner Capitulation? Bitcoin Miners Confident in Price ProspectsIf you have perused Bitcoin and Crypto Twitter at all over the past few weeks, you’ve likely seen the term “miner capitulation” mentioned again and again. You see, over the past few months, the price of BTC has fallen off a proverbial cliff, tanking from $14,000 to $7,000 in a matter of months. As this...…
- Hydra Dark Web Set to Begin Its ICO This Coming MondayRussian dark web marketplace Hydra says it is seeking nearly $150 million in bitcoin to continue its operations. Hydra Is Looking to Become Global The platform has announced an initial coin offering (ICO) set to begin next Monday on December 16. This is odd in the sense that most dark web marketplaces are looking to...…
- Ethereum Could Plummet to Lower-$100 Level if Bulls Fail to Hold Key Support LevelEthereum has been closely tracking Bitcoin’s price action in recent times, which has proven to be largely bearish. Both BTC and ETH are now trading at key support levels, and any further near-term downside could spark a massive capitulatory sell off that sends the cryptos reeling lower. For Ethereum, analysts are noting that $140 is...…
- Bitcoin Poised to Collapse Under $5,000? Market Cycle Fractal Suggests SoOver the past few weeks, Bitcoin (BTC) has found itself consolidating in the low-$7,000s, holding this key support region as bears threaten the cryptocurrency’s demise. While this consolidation has been bullish, in that selling pressure has abated for weeks, setting the stage for a bullish reversal, a market cycle analysis by a popular crypto trader...…
- When Will Fintech Firm Venmo and PNC Bank Settle their ScuffleCustomers of Pittsburgh, Pennsylvania based bank holding company and financial services corporation PNC are having a tough time. But why? It has become exceedingly difficult to connect bank accounts to popular payments app Venmo. PNC Bank and Venmo are at War With Each Other As reported by the Wall Street Journal, a few hours ago,…
5 Bearish Candlestick Patterns Every Bitcoin Trader Must Know NewHere are 5 simple bearish Japanese candlestick patterns that every trader must know
Bitcoin Price Diary: Long BTC and Profitable on Many Altcoin Positions NewBitcoin continues to trade sideways in a tightening range and this is giving altcoins the green light to continue their multi-week rally
PayPal Sues Consumer Protection Agency for ‘Confusing’ Digital Wallet Rules NewPayPal sues U.S. Consumer Financial Protection Bureau for allegedly confusing rules regarding digital wallets
Monero Compliance Workgroup Says XMR Exempt From Funds Travel Rule NewMonero deems compliance to be the responsibility of exchanges, not cryptocurrencies
US Fed to Print $425B for New Year’s — 3 Times Bitcoin’s Market Cap NewThe Fed prepares to do banks a $425 billion Christmas favor as proponents of sound money look on in horror
43% of Investors Interested in Bitcoin Are Women: Grayscale Survey New43% of investors interested in Bitcoin are women, according to a survey from Bitcoin fund operator Grayscale
Bitcoin Price Must Hit $7.3K to Avoid Bearish Bollinger Band ‘Squeeze’ NewAnalysts reveal Bollinger Band “squeeze” for Bitcoin, but which direction its price moves depends on daily performance
The Great Crypto Experiment Continues NewIt wasn't a year for regulatory clarity, huge investments or mass adoption. Yet crypto still progressed.
Change Won’t Happen With Chairman Clayton Around: Kristin Smith NewA lobbyist surveys current attitudes towards blockchain in Washington D.C.
Lessons From the First Digital Gold Boom NewLong before crypto, there was digital gold. The boom of the mid-1990s has echoes for today.
Meet Crypto’s New Best Friend: Fiat NewFiat and crypto are not enemies. They are complementary in any effective trading ecosystem.
Myths and Realities: Sentiment Analysis for Crypto Assets NewJesus Rodriguez, CTO of IntoTheBlock and chief scientist of AI firm Invector Labs, delves into the complications and nuances of crypto sentiment analysis.
75% of IoT Firms Want to Add Blockchain: SurveyA majority of those companies using Internet of Things technology has adopted, or is considering adopting, blockchain.
Stellar Tried to Give Away 2B XLM Tokens on Keybase. Then the Spammers CameWhat was advertised to be a $120 million giveaway will now be much less. Here's why.