Bitcoin has been trading around $10,500 for the last few days as price levels begin to form rising support. The question remains as to whether enough volume will enter Bitcoin in order for price levels to break up-wards through key resistance at $11,00o. Bitcoin 1-Hour Analysis On the 1 hour chart for XBT/USD, we can...Read More
The massive Bitcoin sell-off that sent prices below the $10,000 at the end of August wasn’t the result of manipulations, according to an ex post facto research by Coin Metrics. First Major Bitcoin Sells Spotted on Coinbase Large traders or institutional investors often manipulate the Bitcoin price, especially through fake volume or trading derivatives. The...Read More
The cryptocurrency insurance market is expected to grow at a faster rate if United States regulators provide more regulatory clarity, according to industry experts. As Forbes reported on Sept. 5, CEO of San Francisco-based cybersecurity agency Coalition, Joshua Motta suggested that the market for digital currency insurance is now worth between $200 million and $500...Read More
Bitcoin continues to set new records for dominance, as altcoins fall behind. On Thursday, BTC eked out a slight 0.37% price gain over the day before. But most altcoins continued the trend of two-to-three percent daily losses – which means that Bitcoin is now at 71% dominance. Cryptocurrency market dynamics since September 4. Source: Coin360...Read More
The Bitcoin Cash City conference in North Queensland has just wrapped up, and participants are now unwinding after two consecutive days of presentations, product demos, free gifts, and plenty of food. Tomorrow, September 6, there will be a special workshop for developers, and then the conference proper will end and it’s on to next year’s...Read More
Securities and cryptocurrency exchange Hyperion Technologies acquired two products developed by blockchain consulting firm Vanbex Labs, which is currently under investigation in British Columbia. Vanbex announced in a post published on its blog on Sept. 4 that Hyperion had acquired Vanbex’s blockchain solutions Rocket and CryptoTaxes. The Forfeiture Office alleges that Vanbex and its partner...Read More
Dapix Inc, the company behind the initial development of the FIO Protocol, has raised $5.7 million in Series A funding led by Binance Labs, the venture arm of leading global cryptocurrency exchange and blockchain ecosystem, Binance. The FIO Protocol has created an industry standard, decentralized service layer that improves usability across every blockchain, token or coin....Read More
BUSD will be available for direct purchase and redemption 1:1 for U.S. dollars on the Paxos platform and for trading against Bitcoin (BTC), Binance Coin (BNB) and Ripple’s XRP on Binance.com. Paxos Trust Company, a regulated financial institution that digitizes and mobilizes assets, and global cryptocurrency exchange and blockchain ecosystem, Binance, announced their partnership regarding...Read More
Brexit has served as a prime example of how ordinary citizens can protect their assets from political turmoil using Bitcoin. According to Forbes, the negative effects of a potential no-deal Brexit are leaking into the economy and affecting crypto startups in the region, September 4, 2019. If the U.K. leaves the European Union without a deal,...Read More
Bitcoin looked cautious on Thursday as the United States and China announced that they would restart trade negotiations.Chinese Vice-Premier Liu He and the US Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer earlier today spoke over the phone. The two sides decided to meet in Washington in mid-October to negotiate a win-win trade deal.“On...Read More
Twitter’s Jack Dorsey says the world would be better served by an autonomous open-source currency like bitcoin rather than centralized projects owned by companies. No Chance of a ‘Twitter Cryptocurrency’ Speaking to The Sydney Morning Herald, the Twitter founder declared that he had no intention of creating a Twitter cryptocurrency. Commenting on the matter, Dorsey...Read More
After a massive demand for its Bitcoin Futures Contract this year, the CME Group is planning to introduce Bitcoin options contracts as per the internal source. Back in December 2017 when Bitcoin was trading at its all-time high of $20,000, the Chicago Mercantile Exchange (CME) was the first to launch Bitcoin Futures contracts in the...Read More
In a sign of its growing maturity, bitcoin is nearing a 3-month period with a bottom at $9000. | Source: Shutterstock The bitcoin price has held above $9,000 for a record 81 days, a feat it couldn’t manage even during the monster bull run of 2017. Although BTC remains around 50% below its all-time high,...Read More
Akon — you know, the artist behind songs like “Don’t Like Me” and “Lonely” — is a fan of Bitcoin.Related Reading: Why Once a Bitcoin Skeptic CNBC Anchor Became an EnthusiastThis week, the (dare I say) legendary music producer took to the “The Breakfast Club”, a prominent radio show followed by literal millions, to talk...Read More
As the current market chop continues for bitcoin price, many are starting to seek out future price predictions. These usually provide good reassurance that the current sideways market action is just temporary and that these prices will long be forgotten. A Decade On Bitcoin Price Will Top $100,000 Speculative price predictions always draw a lot...Read More
Brexit is going to end soon. How will Fintech Companies fare in the UK post-Brexit? Is Brexit good for cryptocurrencies or bad for it? Brexit has been on the front burner for most of the past two years. Theresa May has already resigned following her inability to make Brexit happen. Boris Johnson is facing the...Read More
For 72 hours on Sep. 27-30, teams from around the world will participate in a Simple Ledger Protocol (SLP) Virtual Hackathon. Participants will compete for $2,000 worth of prizes by submitting open source code utilizing the SLP framework. The Hackathon’s website details that winners with innovative SLP token-based concepts will also be awarded the event’s...Read More
Dr. Robert J. Shiller, 2013 Nobel Laureate for Economic Sciences, listens during a Nobel Laureate Symposium at the Embassy of Sweden November 19, 2013 in Washington, DC. Nine people from the United States were honored this year with the Nobel Prize in the fields of medicine, chemistry and economic sciences. AFP PHOTO/Brendan SMIALOWSKI Nobel laureate...Read More
A venture arm of major global crypto exchange Binance has led a $5.7 million funding round to launch new decentralized blockchain protocol, the FIO Protocol. According to a press release shared with Cointelegraph on Sept. 5, Binance labs has invested in Denver-based blockchain usability firm Dapix, which is developing the Foundation of Interwallet Operability’s (FIO)...Read More
A partnership between two cryptocurrency firms could bring 20 new bitcoin ATMs to cities around Colombia. The bitcoin exchange, Paxful, and crypto ATM company, CoinLogiq, announced the partnership Sept. 5. By integrating the Paxful kiosk feature with CoinLogiq hardware, users will be able to purchase BTC using cash, credit and online debit transfers. According to...Read More
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. We can state boldly today that cryptocurrencies will be in great demand in the future, as the cryptocurrency...Read More
Samsung’s flagship Note 10 is getting a special crypto edition in South Korea. | Source: REUTERS/Toby Melville Samsung launched the KlaytnPhone in South Korea on Thursday, a spinoff of the Galaxy Note 10 equipped with blockchain apps and a cryptocurrency wallet. It furthers Samsung’s position as the most crypto-friendly smartphone maker, putting it lightyears ahead...Read More
Economic hardship, whether driven by trade wars or political divisions, usually drives investors into safe haven assets. It has been the case for gold and Bitcoin this year as currencies get crushed and recession fears loom. Britain’s Brexit woes may spell short term doom for the fintech industry but it is likely to have the...Read More
Bitcoin price is trading with a positive bias and recently climbed above $10,800 against the US Dollar.The price is currently trading above the $10,500 support and it could continue to rise in the near term.Yesterday’s highlighted key bullish trend line is providing support near $10,510 on the hourly chart of the BTC/USD pair (data feed...Read More
With day one of North Queensland’s Bitcoin Cash City all wrapped up, conference attendees were left with an overflow of big ideas to distill, process, and potentially integrate. These include underwriting merchant adoption, building tech parks and mining operations, BIP70 applications, separation of money and state, government applications of crypto, user experience, and regulation. The...Read More
Switzerland-headquartered food retail giant Nestlé says it has had to adopt a “start-up mindset” in order to push ahead with its challenging blockchain venture. Insights into the retailer’s blockchain development work were revealed by Nestlé Digital Technology Manager Armin Nehzat in a Sept. 5 interview with TechWire Asia. A long-term journey, not a short-term bet...Read More
Plants vs. Zombies Battle for Neighborville is now available for those who buy the Founder’s Edition. Image via EA EA has stealth launched Plants vs. Zombies Battle for Neighborville, a fresh spin on the popular Plants vs. Zombies series. The new game offers class-based shooting gameplay as well as multiplayer modes and social spaces as...Read More
September 5, 2019 33 Views Samsung Electronics is releasing a new edition of its Galaxy Note 10 smartphone that will come with a pre-installed cryptocurrency wallet in its bid to further boost adoption for blockchain. According to a Wall Street Journal article on Thursday, the new product is a variant of Samsung’s flagship product Galaxy Note 10...Read More
