AA News

Huobi Strengthening Its Presence In Turkey And Argentina: Exclusive Interview With CFO Chris Lee

The topic of cryptocurrencies is becoming widely discussed amid higher regulatory circles in a broad range of different countries. Turkey, for once, is among them. A few months ago the country announced plans to implement a central bank digital currency based on blockchain technology. With a strong presence in the region, Huobi, one of the...
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Stop HODLing, Start Spending Your Bitcoin: John McAfee on His $1 Million Prediction, Altcoins and His DEX (Exclusive Interview)

John McAfee – some see him as a legend, some see him as the most controversial figure in the crypto space. For sure, books will be written about his past decade: from his time in Belize to the prison in Guatemala, his US presidency campaign and his endless activities surrounding the cryptocurrency space. This interview...
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Binance Burns Over 2 Million Binance Coin (BNB), Will The Price React?

Binance, the world’s leading cryptocurrency exchange, has completed its 9th quarterly burn of Binance Coin (BNB). The event saw upwards of 2 million tokens, worth more than $36 million. This number represents 20% of the company’s quarterly profits. Naturally, as the burn takes place and it eliminates BNB from circulation, the price might react, but...
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Qtum To Undergo First POS Hard Fork: Upgrades Smart Contract Functionalities

Qtum brings forward a proof-of-stake blockchain and it’s poised to go through its very first hard fork. The upgrade is scheduled for tomorrow, October 17th, and it is intended to introduce a lot of improvements, especially to the functionalities of the network’s smart contracts. Qtum’s First Hard Fork Tomorrow, October 17th will see the first...
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Crypto Community Bearish On Bitcoin, Predicting $6,000 Soon (But There’s A Catch)

Bitcoin’s price action of late got the community rather bearish. A lot of popular analysts are suggesting that the price might plunge down to $6,000. As we’ve seen plenty of times in the past, however, Bitcoin often does the exact opposite so it’s quite interesting to see where the price will take from here.  Bitcoin’s...
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Bitcoin Steady While Altcoins Take-Off: The Weekly Crypto Market Update

This week the market continued to stagnate, but we saw some promising signs in the altcoins field. While most of the attention is towards Bitcoin’s price and whether the support will hold, traders have also moved to altcoins where we saw a lot of interest during the week. Bitcoin’s dominance declined since peaking at 72%...
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Swedish Central Bank Chief Says Facebook’s Libra Is An Important Catalytic Event

The Governor of Sweden’s Central Bank, Riksbank, said today that Facebook’s Libra has turned out to be a very important event. The bank has already been exploring the issuance of digital currencies, mainly because the usage of cash in Sweden is decreasing dramatically. Libra An Incredibly Important Catalytic Event Despite the recent shakedown which caused...
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Perfect Settings For Alt-Season 2019? In 2017 It Started Like This

It’s safe to say that the last several days were fairly turbulent for Bitcoin’s price. The cryptocurrency surged from around $8,150 to about $8,800 in a few days and lost all of its gains in a shattering red hourly candle which brought its price back to around $8,300. Now, popular analysts are seeing a resemblance...
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Leading London Brokerage Adds Cryptocurrency Baskets, Including Bitcoin, To Retail Investors

One of the leading providers of online foreign exchange trading, as well as other related services, has announced the introduction of a new cryptocurrencies basket for its retail investors. The product will include five different cryptocurrencies, including Bitcoin. Bitcoin Included In A Retail Trading Basket FXCM Group, commonly referred to as FXCM, is a well-known...
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83% Of People From Generation Z Interested in Cryptocurrencies: KPMG Study Confirms

A recent survey from KPMG, a Big Four professional services firm, has revealed that more Millennials and people from the Generation Z (Gen Z) are becoming increasingly open to the use of cryptocurrencies, due to the many benefits accrued to blockchain-based tokens.  Interesting Results From KPMG Study The study suggested that “tokenization is ushering in...
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Crypto Leaders To Boycott Conference Presenting Craig Wright As Satoshi

The CC Forum on Blockchain, AI, and Digital Innovation starts today in London and one of its panels is causing quite the furor in the cryptocurrency community. Seeing that Craig Wright is one of the speakers, a few prominent members have already announced that they won’t attend the conference, refusing to give merit to his...
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Opinion: Authorities Clamping On Telegram And Libra Could Signal Negative For Bitcoin

Authorities are waking up when it comes to cryptocurrencies. In the past month alone, we saw a couple of very serious actions taken against major projects in the field. Facebook’s Libra, Block.one’s EOS, Telegram, KIK, all of them and more saw challenges in the face of lawmakers and regulators across the board. A lot of...
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10 Years Since The First Bitcoin Transaction: 5050 BTC For $5

It’s safe to say that Bitcoin has come a long way since it was first introduced to the public. Interestingly enough, exactly 10 years ago on this same day, the first market transaction took place. Let’s have a look at how it went and where we are today.  Bitcoin 10 Years Ago Exactly 10 years...
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SEC’s Telegram (TON) Halt: Why Is It Different From The EOS Case?

News broke out yesterday that the Securities and Exchange Commission of the US has temporarily halted the token sale of Telegram’s TON cryptocurrency. According to the documents, the reasoning behind the SEC’s actions is that the alleged token sale is unregistered and fails to comply with the existing regulations. Let’s examine the difference between the...
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Want To Buy Bitcoin? Sweden’s Debt Collection Agency Is Selling In An Auction

The Swedish Enforcement Agency, called Kronofogden, is about to auction 4.59 BTC. This would be the second auction coming from the same agency as the first one took place back in 2017. The transaction is set to take place today and it will be entirely online. Bitcoin Online Auction in Sweden Kronofodgen, Sweden’s Enforcement Authority,...
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A Huge $12M Bitmex Daily Inflow Could Reveal The Upcoming Bitcoin Price Action?

One of the most popular Bitcoin margin trading exchanges, BitMEX, has seen a daily positive inflow of around $12 million. Given that the weekend is ahead and that’s usually the time when a lot of the Bitcoin price action takes place, are we in for a couple of stormy days of trading? BitMEX Sees $12M...
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Breaking: Alipay Fires Back At Binance’s CZ, Will Stop Bitcoin Transactions

Yesterday the majority of cryptocurrency media outlets reported broadly on the fact that Binance, the world’s leading cryptocurrency exchange, allows people to buy Bitcoin peer-to-peer through on-ramps on Binance. When asked, Zhao confirmed that people can use Wechat and Alipay to do so. Almost immediately after that, however, Alipay came up with a complete refute...
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