Despite many criticisms against Segregated Witness (Segwit) since its implementation in 2017, the Bitcoin scaling solution continues to see an increased number of bitcoin transactions over the years. Segwit Sees Serious Increases Data from Segwit.space, a platform that monitors the adoption of Segwit, revealed that it had achieved a new landmark as the transaction volume...Read More
The cryptocurrency market was particularly volatile in the last few weeks. Bitcoin SV stands tall today with a serious increase of over 20% in the past 24 hours alone. At the time of this writing, BSV trades at around $307. BSV has been on a rollercoaster throughout the past seven days. On January 15th, it...Read More
Binance, currently being the leading cryptocurrency exchange, continues to expand and add new features for its users. Starting today, the venue would allow direct fiat-to-crypto trading for the Vietnamese Dong (VND). Binance Adds P2P VND Trading Binance is the world’s leading cryptocurrency exchange by means of the daily trading volume. More importantly, they are continually...Read More
South Korea might be changing its stance regarding taxing cryptocurrency trading profits. Just weeks after the government said that they wouldn’t tax any profits made from digital assets, a new report indicates otherwise. The country could purportedly classify crypto gains in the same category as lottery winnings and thus tax them with 20%. South Korea...Read More
The popular economist and well-known nocoiner, Peter Schiff, has said that he’s lost all of his bitcoins because of a forgotten software. He took his rant to Twitter, outlining that the lost bitcoin has no market value, on top of having no intrinsic value as well. Peter Schiff Loses His Bitcoins Peter Schiff is a...Read More
The cryptocurrency market, being a relatively young and small one, is frequently affected by external forces. Sometimes, one of those factors could sound a bit strange on the surface, but it could deliver a severe impact. It’s the Chinese New Year. The Holiday is taking place during the next weekend, between January 25th (Saturday) and...Read More
Today we got another reminder that volatility is working both ways. Bitcoin has fabulous times since entering the new decade. However, when we see such a parabolic move to the upside, we can expect volatile moves to the other side, as well. Just yesterday, we mentioned Bitcoin price reaching its first major test – the...Read More
While most people consider every cryptocurrency transaction anonymous, that’s not the case. Bitcoin, for example, has all transactions recorded on a public ledger, which can be easily accessed. In theory and practice, it’s entirely possible to associate a Bitcoin address with an individual, especially if he has ever used a cryptocurrency exchange, which requires identity...Read More
SEBA, the Swiss start-up bank selling cryptocurrency services to clients, is planning to initiate its second-stage fundraising. Less than two years after the first one that raised 100m Swiss francs ($103 M), the bank will seek the same amount to expand its services and develop additional products. Seba Bank To Raise 100M Last year, the...Read More
Ethereum saw an incredible 21% price surge this week, bringing the price for the coin up toward $175. Against BTC, ETH climbed further higher to meet resistance at the 100-days EMA. Ethereum has now turned bullish after breaking above the December 2019 high at $152. Key Support & Resistance Levels ETH/USD Support: $165, $155, $145,...Read More
Craig Wright was supposed to receive the private keys needed to access over one million bitcoins at the start of this, but it appears that he didn’t. New information was disclosed earlier today, that firmly denies the rumors but he might still receive them in the near future. No Private Keys For Wright As Cryptopotato...Read More
The crypto community views cryptocurrencies in numerous ways. From trading opportunities to store of value, and occasionally for their real purpose of being used as a payment method. Today, the main topic will be a rather conspicuous one that has been discussed many times, but it needs more awareness – adoption. Furthermore, let’s examine an...Read More
Over the past two days, we saw Bitcoin reaching the $9000 zone, quickly getting rejected, and now Bitcoin is once again a touch away from 2020 high. Two bullish signs to keep an eye on is the fact that Bitcoin corrected accurately into the 38.2% Fibonacci retracement level – which is considered a healthy correction...Read More
Last week was nothing but volatile for Bitcoin and the entire cryptocurrency market. Fortunately, the volatility did well. Seven days ago, Bitcoin was trading at around $7,950, while today, the cryptocurrency stands at almost $8,900. This marks an increase upwards of 13% for the past seven days. It’s worth noting, however, that this time altcoins...Read More
Following this week’s triumphant Bitcoin rally, it seems that dozens of altcoins have been seeing significant price jumps. And today, it would seem that Ethereum Classic has jumped on the bandwagon too. In fact, ETC has seen a huge surge of about 40% over the course of the last 24 hours and as of today,...Read More
Bitcoin saw a serious 12% price increase this week, allowing the cryptocurrency to rises toward the $8,800 level. BTC actually managed to rise into the $9,000 resistance level today but has since rolled over and fallen slightly. The latest price increase saw Bitcoin rising well above the 200-days EMA as it approached resistance at $8,960...Read More
Binance will list a new set of FTX leveraged tokens that will allow users to open 3x long or short positions for Bitcoin and Ethereum. This comes less than a month after the Maltese-based exchange made a strategic partnership with the derivatives exchange, FTX. Binance Lists New Type Of Leveraged Tokens The leading cryptocurrency exchange...Read More
XRP has seen a 13% price surge this week as it reaches resistance at $0.234. Against BTC, XRP continues to trade sideways as it straddles the 2600 SAT level. Once XRP manages to overcome $0.2345, the coin might surge back toward $0.30. Key Support & Resistance Levels XRP/USD Support: $0.22, $0.20, $0.185 Resistance: $0.2345, $0.25,...Read More
The critical situation between Telegram and the U.S. Securities and Exchange Commission (SEC) took another step forward. The market regulator now claims that the popular messaging company saw its upcoming Gram token as securities and thus should fall under established regulations. Is Gram Token A Security? Telegram’s controversy regarding its TON blockchain and its native...Read More
The QuadrigaCX scandal was a landmark case that became a red flag for the entire cryptocurrency community. The aftermath of it, however, isn’t over. Securities regulators in Canada are now preparing to clamp down on cryptocurrency exchanges which take custody of digital assets. QuadrigaCX Aftermath: CSA Publishes A Notice The Canadian Securities Administration has issued...Read More
Cryptocurrency has always remained a sore subject in any country’s regulation. Due to the lack of knowledge, cryptos are not receiving the intended growth scope. Some of the regions have fully regulated cryptocurrency laws, while some are on the verge of regulation. Moreover, there are even some regions where crypto is totally a banned subject....Read More
2020 has so far been particularly positive for Bitcoin and the rest of the cryptocurrency market. Starting the year at around $7,100, BTC currently trades at almost $9,000, charting notable increases throughout the entire week. In the past 24 hours alone, Bitcoin gained another 3% to its value, increasing from around $8,650 to about $9,000...Read More
According to a 2019 investment report released by Grayscale, one of the world’s leading authorities on digital asset investment, the digital giant has managed to raise over $600 million throughout 2019, with most of the funding coming in from major institutional players. Specialized in digital asset diversification, the company managed to grow its investment base...Read More
In November last year, the South Korean cryptocurrency exchange, UPbit, was hacked. The perpetrators took approximately $50 million worth of Ethereum. A new report shows that $3.2 of the stolen funds is already laundered using small transactions towards numerous other exchanges. $3.2 M Of ETH Laundered During November in 2019, Cryptopotato reported that the popular...Read More
Craig Wright, who claims to be the creator of Bitcoin, Satoshi Nakamoto, has reportedly seen his defamation case against Hodlnaut dismissed by UK’s High Court. The reason for the court’s decision is that it doesn’t have the jurisdiction to rule. Craig Wright’s Case Against Hodlnaut Dismissed Craig Wright is undoubtedly one of the most well-known...Read More
Leading US cryptocurrency exchange and custodian, Gemini Trust Company, has taken a strategic step to provide robust coverage for the cryptocurrencies in its custody. Gemini Takes An Extra Step Owned by the Winklevoss twins, Cameron and Tyler, the exchange announced Thursday that it had launched its captive insurance firm, Nakamoto Ltd., to secure Gemini Custody,...Read More
The YouTube cryptocurrency purge was a hot topic in the last days of 2019, but it seems that it may not be over. Another prominent cryptocurrency YouTuber has bemoaned that he received a strike on a recent live stream video and is unable to upload new content. YouTube Purge Not Really Over? During Christmas time...Read More
Since breaking the $8600 resistance two days ago, Bitcoin had continued its surge directly to the upper ascending line, the one that is marked on our following 4-hour chart. It looks like Bitcoin’s rally got a (temp?) ‘roof’ at that ascending trend-line. Why a temp roof? If Bitcoin would like to reach new highs, it’s...Read More
The largest cryptocurrency exchange in South Korea, Bithumb, has filed a complaint with the Tax Tribunal against the National Tax Service (NTS). The company wants the Tribunal to nullify a tax for nearly $70 million, which was previously imposed by the NTS on its customers. Bithumb Fires Back At the end of 2019, NTS imposed...Read More
According to recent buzz on Twitter, one of the biggest names in the crypto-industry, Michael Novogratz, is speaking up and questioning the biggest price shift made by altcoins yet this year, raising a red flag for crypto-enthusiasts everywhere. Michael Novogratz is the CEO of U.S.-based Galaxy Digital Holdings Ltd, a limited partner of Galaxy Digital...Read More
