Ethereum dropped back beneath the $150 level to create a fresh low for December at $140. The cryptocurrency trades strong against BTC as it remains above 0.02 BTC. It has dropped by a steep 22% this month as the bears keep their strong grip on momentum. Key Support & Resistance Levels ETH/USD Support: $145, $138.80,...Read More
New research has indicated that over half of bitcoin’s circulating supply has not moved in over a year. This narrative suggests that the store of wealth notion is still strong and short term speculation may not be the dominant force on BTC markets. Almost 60% of Bitcoin Unmoved Research by industry analysts Delphi Digital suggests...Read More
The private details of 15 million bank debit cards in Iran have been published on Telegram in the largest banking security incident in the country’s history. Iranian authorities so far try to blame the breach on common criminals but cyber security experts suspect it was the work of intelligence agencies from the U.S. or Israel....Read More
Open-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 will help them work full time on the Lightning Network, the proposed second-layer scaling solution...Read More
Little changed in the cryptocurrency market since Wednesday, though a number of top cryptocurrencies briefly tested below under critical technical support level. Bitcoin moved toward the psychological $7,000 level as a bearish triangle breakout continues to weigh on the BTC/USD pair’s short-term technicals. It posted a short recovery since. Litecoin moved within touching distance of...Read More
Malta’s Bitcoin Club announce details of their online conference beginning December 21st 2019, to bridge the gap between “Bitcoin Twitter” and the outer world. The conference will see more than 30 speakers including Stephan Livera, Tone Vays, Giacomo Zucco and many more, with tickets as low as €9.99. 5th December, Valletta, Malta: Bitcoin is all about knowledge. Many people think they...Read More
For most people, buying cryptocurrencies is just a click away; there are multiple options, credit cards, debit cards, and CashApp. However, even with a number of on-ramp options, the go-to option most people choose is buying a stablecoin. Why? Simply due to the fact that they are stable and are backed by assets with mild...Read More
Based out of Johannesburg, South Africa, CREDIT is a cryptocurrency that is swiftly being adopted in the emerging markets of the African continent. Recently, it marked its first year of existence as more and more users adopt it. New Year, New Developments A hybrid blockchain that utilized both Proof of Work (PoW) and Proof of...Read More
Blockchain developer TERRA has revealed some of its newest addition to its ever-expanding ecosystem. The latest products have been tailored to meet the needs of people in developing countries such as Nigeria, whose people are struggling to gain access to basic banking and payment facilities. The South African blockchain platform is set to aid the...Read More
DigiByte (DGB) founder says TRON (TRX) is a Chinese government scam coin. TRON’s presence on Binance’s US platform threatens to undermine American lawmakers. Follows past drama between DigiByte and the Binance-TRON cooperative. TRON (TRX) is a Chinese government scam coin, and its listing on Binance US threatens to undermine faith in American lawmakers. That’s according...Read More
Bitcoin miners held a stunning competition in 2019, lifting both the hashrate and difficulty to all-time highs. But it turns out for significant stretches, mining pools absorbed serious losses. Bitcoin Miners Undeterred by Falling Prices Most of the big miners this year produced coins at a loss due to unfavorable market prices. But this did...Read More
Chinese Bitcoin miners have extended their share of the global hash rate. Currently, they control two-thirds of Bitcoin’s processing power, Reuters reported yesterday, citing a research by CoinShares. Chinese Share of Bitcoin Hashrate Highest Since At Least 2017 Currently, Chinese miners control 66% of Bitcoin hashrate. The indicator refers to the Bitcoin-related computing power that...Read More
There is a wealth of data and differentiating metrics that can offer real insight in bitcoin and its potential. Bitcoin Transaction Values Unraveled A recent article by director of research at Fidelity Digital Assets, Ria Bhutoria, has delved deeper into transaction value on the bitcoin network. The ledger, which uses the unspent transaction output (UTXO)...Read More
Bitmex, one of the world’s most popular cryptocurrency exchanges, has added support for the Bech32 (native SegWit) address format. The Dec 12, 2019 announcement reads: “The key advantage of Bech32 addresses is that transaction fees will be saved when Bitcoin already sent to a Bech32 address is spent. Therefore this upgrade will not directly result...Read More
Binance has announced a strategic partnership with Paxful that will see the peer-to-peer Bitcoin marketplace serve as a fiat-to-cryptocurrency on-ramp for the powerhouse exchange. Paxful’s web-based Virtual Bitcoin Kiosk will be integrated into the exchange and directly available on the Binance platform for both new and existing users. The aim is to provide customers with...Read More
Bitcoin, just as any other asset that’s being traded, goes through different market cycles. As we approach the end of 2019, which is also the end of the current decade, some industry experts seem to believe that right now is a historic time for Bitcoin accumulation. Time To Buy Bitcoin? The current market sentiment doesn’t...Read More
Litecoin, the 6th largest digital asset as per the market capitalization, has seen a decline in its price since Nov 15th, 2019. The crypto has declined further in the last 24hrs. With market cap of $2,793,841,561 USD, Litecoin is trading at $43.77 USD. The LTC/USD price has seen a steady decline in the last month. ...Read More
Bitmain is looking to establish a significant presence as it partners with two Bitcoin mining consulting firms. Meanwhile, co-founder Jihan Wu continues to consolidate his hold on the company amid an ongoing power struggle. Bitmain Partners with Bitcoin Mining Consultants in South America In a press release published on Thursday (December 12, 2019), Bitmain announced...Read More
Bitcoin has had a crazy past 12 months. Since bottoming at $3,150 on December 15th, 2018, the cryptocurrency has bounced back. Hard. By June, a coin was trading for $14,000 a piece, up hundreds of percent since the year started.Related Reading: Why There Remains a Case For a $4,200 Bitcoin (BTC) in 2020Now though, Bitcoin...Read More
Binance, one of the world’s largest cryptocurrency exchanges, has entered into a strategic partnership with Paxful, a peer-to-peer Bitcoin platform, to improve accessibility to digital assets across the globe. The Changpeng Zhao-led exchange has been extremely active in its quest to increase crypto-adoption and facilitate better liquidity in the industry. The present development is yet...Read More
The world’s largest cryptocurrency exchange by volume, Binance, is expanding its services in Latin America. By partnering with a major digital assets settlement network, Binance will launch a new platform called Latamex. It will allow direct fiat purchases of cryptocurrencies for Latin America on its website. Binance Gateway In Latin America Binance is set to...Read More
According to a recent statement by veteran trader Tone Vays, Bitcoin price is breaking one of its major supports, indicating that bad things are coming. Bitcoin price failed to impress in the second half of 2019, despite hopes that a late Q4 rally akin to 2017 might kick off. The summer, fall, and even the...Read More
The New York State Department of Financial Services, the Bitlicense regulator, has published a proposed framework for licensed companies seeking to list new coins. This is the first time the regulator has proposed changes to its crypto regulation in five years. Among the changes, licensees will be able to self-certify the compliance of their new...Read More
The New York State Department of Financial Services, the Bitlicense regulator, has published a proposed framework for licensed companies seeking to list new coins. This is the first time the regulator has proposed changes to its crypto regulation in five years. Among the changes, licensees will be able to self-certify the compliance of their new...Read More
One of the biggest mysteries in the Bitcoin world, aside from the real identity of Satoshi Nakamoto, is how much of it is being bought and sold on exchanges each day. As pointed out in a tweet from Messari founder, Ryan Selkis, the answer very much depends on who you ask. Bitcoin Volumes – Compare...Read More
The research division at Arcane Crypto AS, Arcane Research, recently published its weekly update report, a document that spoke about cryptocurrency market activity on both exchanges and P2P platforms, while also touching on Bakkt statistics and Bitcoin’s price action over the past seven days. In the report, Arcane Research pointed out how the market had...Read More
The crypto world is known for its cutting-edge approach to fundraising. Do IPOs have a place in crypto, even if they’re part of the old guard? Blockchain startups need to raise money, and right now, they typically choose to rely on Initial Coin Offerings. ICOs allow investors to fund a project, and in return, those...Read More
Swiss Crypto Bank, SEBA has proposed its plans to expand in 10 countries including Switzerland. After one month of a fully operational branch in Switzerland, SEBA now eyes countries like Singapore, Hong Kong, the U.K., Italy, Germany, France, Austria, Portugal, and the Netherlands. Guido Bühler, chief executive of SEBA Bank, said: “With our services, we...Read More
We are almost over half of December, but so far, the last month of the year is very disappointing the Bitcoin traders. Despite the bearish signs that Bitcoin is showing, the trading action is dull, followed by a relatively low amount of trading volume. Things are progressing very slowly. In matters of the price, yes,...Read More
Since Bitcoin has been introduced as a payment option, many e-commerce and physical merchants have started to also adopt various other cryptocurrencies. The crypto winter holidays are here, and many enthusiasts are looking to buy goods and services using digital assets. Here are some of the sites where you can pay using cryptocurrencies: Overstock.com Overstock.com...Read More
