BTC

Whales Transfer Massive Amounts of Bitcoin as Bakkt Opens Warehouse Custody

The hype surrounding the imminent launch of Bakkt’s physically settled Bitcoin futures platform may not be unwarranted, as it now appears that some of the biggest BTC whales in the market are transferring their massive holdings into Bakkt’s warehouse custody solutions.Assuming that the platform’s launch is met with great utilization, it is highly probable that...
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Swiss National Bank President Says Stablecoins Could Hamper Policy

Swiss National Bank (SNB) President Thomas Jordan said that stablecoins pegged to foreign currencies could hamper Switzerland’s monetary policy in some circumstances. Cryptocurrencies’ limited use as payment instruments On Sept. 5, Jordan spoke at the University of Basel, saying that he is convinced that cryptocurrencies are of limited use as payment instruments, stores of value...
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Bitcoin Fails to Break $11,000 Again, Drops $400 in One Hour

Friday, Sept. 6 — The Bitcoin (BTC) price is holding around the $10,400 price mark after the largest cryptocurrency got rejected in its attempt to break $11,000. Market visualization. Source: Coin360 Bitcoin was well on its way to the $11,000 price mark, hitting an intraday high of $10,895 when it lost $400 in less than an...
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Price Analysis 06/09: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, XLM

Jennifer Bailey, the vice president of Apple’s payments service, Apple Pay, said that the company was watching cryptocurrencies closely as they believe it has long-term potential. The company claims that Apple pay processes about one billion transactions every month. With such a wide reach, Apple’s move to crypto, similar to Facebook, will be a huge...
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Blockchain Startup DappRadar Raises $2.33M From Naspers, Blockchain.com

Lithuanian blockchain startup DappRadar, a platform for discovering and analyzing blockchain-based decentralized applications (DApps), announced it raised $2.33 million in seed funding. $2.33 million to expand services  On Sept. 5, DappRadar announced the closing of a $2.33 million seeding round, which was led by Naspers, a South African-based global internet and media group, with participation...
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Bitcoin’s price will top $100,000 in 2021; will not dip below $100,000 after 2028, claims research

When we talk about an open playing field in the Bitcoin ecosystem, price predictions on the asset’s future generate the most attention. Bitcoin has been around for little under a decade, and the limited time-period often leads to contrasting predictions. Personalities in the space are often predicting the price based on different factors, as the...
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Fed Chair Says Agency Monitoring Crypto But Not Developing Its Own

Chairman of the United States Federal Reserve Jerome Powell said that the United States Federal Reserve is monitoring digital currencies carefully, but not working on its own at the moment. Speaking at a forum in Zurich, Switzerland, on Sept. 6, Powell addressed the issue of cryptocurrencies, arguing that central banks would likely will not release...
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Dapp.com Closes $1 Million Investment Round Led by Hashed

September 6, 2019 21 Views This past Thursday, dapp.com closed a $1 million Pre-A Investment round led by Hashed, a South Korean blockchain VC firm, and Du Capital. Dapp.com provides data analytics for decentralized app products built on blockchains such as ethereum, EOS, tron, steem, and others. In a statement, Dapp.com Founder and CEO, Kyle...
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Bitcoin Begins Forming Coveted Bull Cross

Overnight Bitcoin (BTC) was able to incur a significant amount of upwards momentum that sent it shooting past its previously established resistance level around $10,800, and any extension of this upwards momentum is highly likely to send the crypto into the $11,000 region in the very near-future.This upwards momentum has also allowed Bitcoin to begin...
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Is Bitcoin Price Preparing To Mirror 2017’s Bull Run?

Bitcoin price has posted positive returns every quarter this year till date. Last time this happened, we saw BTC hit $20,000 in 2017. Is bitcoin preparing to repeat history then?  Bitcoin Hit Green in All Quarters This Year Bitcoin is quietly inching towards the $11,000 price mark, as the contents of this piece are being...
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Keene New Hampshire Is Not Only a Libertarian Enclave – It’s Also a Crypto Mecca

Over the last few months, there’s been a lot of attention directed toward destinations like Slovenia, North Queensland, Japan, and Venezuela which capture the largest number of bitcoin cash merchants worldwide. Another region that’s seen a massive influx of BCH adoption is Keene, New Hampshire, a place that’s widely known for its lack of taxation,...
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Facebook Hires on New Lobbyists for Libra Stablecoin Project

Social media giant Facebook has hired two more lobbyists to aid the release of its forthcoming Libra stablecoin. As Bloomberg reported on Sept. 5, lobbying disclosures filed earlier this week revealed that William Hollier, the president of legislative and regulatory counseling firm Hollier Associates LLC, began lobbying for Facebook on blockchain policy, among other matters,...
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Facebook Stock Drags Nasdaq Down Amid 9-State Antitrust Crackdown

Facebook stock is tanking and puncturing Nasdaq in its spiral. | Source: REUTERS/Leah Millis/File Photo Facebook stock (FB) plunged after a nine-state antitrust investigation was announced against the social-media monopoly. As of this writing, Facebook is the worst-performing stock in the Nasdaq. Facebook tumbled 1.9% shortly after the attorneys general of eight states and the...
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PNC Bank Using Ripple XCurrent — Is Interest in Blockchain Rising?

Stablecoins have a goal of putting an end to the recent volatility of the crypto market — and in doing so, they have opened the door to crypto usage for institutional investors, which has long been considered an important milestone on the road to mainstream adoption. One of the ways that institutional investors are looking...
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Bakkt Finally Opened a Warehouse for Bitcoin Transactions

Bakkt announced that it is opening a Warehouse. Its potential clients are those customers willing to deposit Bitcoin as well as withdraw it. It seems that the company is preparing for the introduction of its futures. Today Bakkt opened its long-awaited Warehouse for customer Bitcoin deposits and withdrawals. As they said in their tweet: Today...
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$1B Bitcoin Transaction Traced Back to Multiple Huobi Addresses

About $1 billion worth of Bitcoin was moved yesterday in a single transaction, sparking reactions on Twitter and other social media sites. TokenAnalyst went deeper and found that a significant share of sending addresses point to crypto exchange Huobi. 94,504 Bitcoin Reaches a Single Address On Thursday, Twitter user Whale Alert announced that 94,504 Bitcoin...
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Did Bakkt Just Moved $1 Billion in Bitcoin for $700 Fee?

A $1 billion Bitcoin (BTC) transaction became conspicuous because its sender spent far too much on fees. Some are guessing at the origin and destination of the funds with some believing it’s tied with Bakkt. There was a $1 billion Bitcoin (BTC) transaction whose sender spent a bit too much on fees. Social media users...
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Paxos Decides to Digitize Gold With Its Gold-backed ‘Pax Gold’ Stablecoin

With this move, Paxos plans to democratize the gold trading process by leveraging the power of blockchain technology. The Pax Gold (PAXG) token will make Gold mobilization absolutely easy. Popular stablecoin issuer Paxos has now planned to digitize the most-precious metal gold. Bridging the gap between the gold investors and crypto enthusiasts, Paxos unveils a...
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Mystery 94K BTC Transaction Becomes Richest Non-Exchange Address

The recipient wallet of the $1 billion Bitcoin (BTC) transaction on Sept. 6 is now presumed to be the first richest non-exchange address. The recipient wallet of the massive 94,504 Bitcoin ($1.031 billion) transaction is the top richest Bitcoin address that is not reportedly associated with any crypto-related company, according to data from monitoring resource...
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Gambling Simulator NBA 2K20 Gets Absolutely Trashed on Steam

NBA2K20’s lootboxes have been controversial for ties to gambling. | Source: YouTube A quick look at the NBA 2K20 listing over on Valve’s Steam digital storefront and you’ll see that 2K’s latest basketball sim come thinly-veiled gambling extravaganza has some rather unlikely tags. Source: NBA 2K20/Steam/Valve NBA 2K20’s Horror, Dating Sim, Mature Tags Stream now...
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Leadership Shakeup at Wasabi Wallet as Bitcoin Business Surges

One of bitcoin’s most experimental startups has grown dramatically over the past year, highlighting both the opportunities and pitfalls of open source development. Now Adam Ficsor, co-founder of zkSNACKs – the firm behind the privacy-centric Wasabi Wallet – is stepping down from his role as CTO to focus on research as the company matures. “I was...
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Bitcoin Rap Battle Explains It All: ‘The System Is So Broken, We Need That Crypto Token’

[embedded content] A co-founder of LinkedIn and a member of the PayPal Mafia, Reid Hoffman, released a new rap video describing a competition between central banks and cryptocurrency. His “epic rap battle” begins with presenting the U.S. Founding Father and first Secretary of the Treasury – Alexander Hamilton, and, of course – Satoshi Nakamoto (don’t...
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Bitcoin ETF: How SEC Exemptions Help Firms Offer Interim Products

There are several exemptions the U.S. Securities and Exchange Commission (SEC) offers that allow companies to launch their bitcoin investment products without registration. While waiting for the SEC to approve their bitcoin ETF, some firms have taken advantage of these exemptions to offer an interim product. Also read: Indian Government’s New Report Views Crypto Positively...
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Bitcoin Price (BTC) Primed For Lift-Off Above $11K

Bitcoin price is gaining momentum and it recently traded above $10,700 against the US Dollar.The price is currently testing the key $10,800 resistance area and it might correct a few points.There is a new bullish trend line forming with support near $10,600 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price...
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Bitcoin Open Interest Peaks as BTC Dominance Hits Another High

While Bitcoin price action is decidedly sideways, other metrics are posting positive signals. The week is ending with BTC above five figures which is still bullish, and dominance has just tapped another new high.Bitcoin OI Hits a HighBy definition, open interest is a measure total number of outstanding derivative contracts, such as futures that have...
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Crypto Market Cap And Bitcoin Gaining Pace: BCH, BNB, EOS, TRX Analysis

The total crypto market cap is climbing higher and it may soon break the $265.0B resistance.Bitcoin price is now trading nicely above the $10,600 level, with a positive angle.EOS price is currently consolidating near the $3.300 level.Binance Coin (BNB) is gaining momentum and is currently trading above the $22.25 level.BCH price may soon make another...
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The State of Security Token Regulations in Asia

This essay is presented as a part of No Closing Bell, a series leading up to Invest: Asia 2019 focused on how the Asian crypto markets are interacting with and impacting global investors. To keep the conversation going in person, register for Invest: Asia 2019 coming up in Singapore on Sept. 11-12. Since the cryptocurrency boom and...
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Someone Just Moved $1B in Bitcoin for $700 Fee, Overpaying 20 Times

A $1 billion Bitcoin (BTC) transaction has become conspicuous not because of its size but because its sender spent far too much on fees.  Someone could have sent 94K BTC for $35 Social media users were guessing at the origin and destination of the funds on Sept. 6, which involved 94,504 BTC ($1.018 billion). According...
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Improving Ethereum’s DeFi Stack With Decentralized Mixers

For cryptocurrency to become sound money, it needs to integrate a degree of privacy on a transactional level, just as paper currency does. Bitcoin and Ethereum, both, lack strong privacy measures, but this is being addressed. As shown by Chain Link’s research paper, mixing services powered by decentralized oracles can overcome this barrier, September 4,...
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Venezuelans Fighting Economic Hardship Discover Crypto’s True Potential

For quite some time now, Venezuela has been suffering from a political crisis and a collapsing economy. Venezuelans dealing with rampant inflation continue to see their purchasing power decline. After witnessing one of the worst economic disasters in modern history, 4 million citizens have emigrated to seek a better form of money, shelter, and to...
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Bitcoin (BTC) $ 66,902.93 2.22%
Ethereum (ETH) $ 3,116.86 5.58%
Tether (USDT) $ 1.00 0.02%
BNB (BNB) $ 581.03 1.94%
Solana (SOL) $ 172.68 7.49%
USDC (USDC) $ 0.999833 0.07%
Lido Staked Ether (STETH) $ 3,110.92 5.46%
XRP (XRP) $ 0.523625 1.27%
Toncoin (TON) $ 6.51 3.24%
Dogecoin (DOGE) $ 0.155958 3.96%