As the Indian government deliberates on the country’s crypto policy, there has been some confusion in media reports regarding crypto regulation in India. A group of local crypto enthusiasts and community members have gathered in an effort to ensure that the crypto situation in India is accurately portrayed. Also read: Indian Lawmaker Says ‘Cryptocurrency Is...Read More
Crypto markets are in the doldrums at the moment, just as they were this time last year. A $10 billion dump on the week looks bad in the short term but things may not be that negative overall. One of the largest players in the industry has been on a shopping spree this year.Crypto Giant...Read More
It has been a while since an update on the PlusToken scam was provided. According to Chainalysis, this may be the reason why the Bitcoin price is dropping hard. It is evident that PlusToken has caused a lot of damage. PlusToken is on the Radar of Chainalysis Not only did investors in this project lose...Read More
It has been a very prominent year for the blockchain gaming industry. So much even that AMD is now ready to jump on this bandwagon. Earlier this week, it became clear that the blockchain gaming industry welcomed some new powerful partners. AMD Shifts its Attention to Blockchain Gaming AMD has joined the Blockchain Game Alliance...Read More
Regulatory measures continue to wreak havoc on smaller cryptocurrency firms. Simplecoin, a social crypto mining platform, is shutting down in early January of 2020. Several crypto firms have been forced to take drastic action in recent weeks. The End is Nigh for Simplecoin Simplecoin simply follow suit in this regard. The company foresees problems with...Read More
Bitcoin has continued to move lower as bears take full control of the cryptocurrency’s price action, and it now appears to be a certainty that BTC will revisit its November lows that were set at $6,500 roughly three weeks ago.This current bearishness has drastically impacted the overall market sentiment for the worst and has led...Read More
As competition builds within the blockchain industry, investors and prospective users alike have to undergo the arduous task of evaluating which blockchains have the best fundamental strength. Ethereum has long been favored by users and developers, but over the past three years a plethora of competitors have surfaced, making it difficult to discern which blockchain...Read More
Very few cryptocurrency-related ecosystems can not sustainable growth. Brave is one of those projects that seemingly keeps gaining more popularity. There are many things to like about Brave, either as a browser or an ecosystem. Ongoing Brave Growth is Impressive It is a very different way of browsing the internet or to create content for...Read More
Beijing’s sudden rush into blockchain development and digital currency hasn’t gone unnoticed. From America to Europe and back to Asia, governments have started thinking about this new racetrack in more serious terms. India has a history of tensions with China, although the countries have a lot in common as well. The two regional rivals share...Read More
Cybercrime is growing at an exponential rate, and showing zero signs of slowing down or stopping in the near future. As technology advances, so do the tactics used by these criminals, especially surrounding crypto.The post appeared first on NewsBTCRead More
Bitcoin’s entire 2019 rally from trough to peak, is nothing more than a “textbook echo bubble” according to a former IMF economist.The post appeared first on NewsBTCRead More
The downtrend continues for Bitcoin price, as the leading crypto asset by market cap reached $6,600 today, showing that bears remain in complete control over the current state of the crypto market.The post appeared first on NewsBTCRead More
Bitcoin price may be falling once again into a downtrend and is at risk of revisiting bear market lows not seen since earlier this year.The post appeared first on NewsBTCRead More
On Tuesday, December 17th, the LTC cryptocurrency is declining, trading at $39.76. On D1, there is a downtrend developing. Upon reaching 76.0% and an attempt of a pullback to 61.8% Fibo, the quotations formed another declining wave. They have renewed the previous daily minimums and headed for the yearly fractal support line at $22.25. The...Read More
The Italian cabinet has decided to financially assist Popolare di Bari bank with a 900 million euro-large capital injection. The establishment is the biggest lender in the southern part of the country. According to new reports from Italy, this Sunday, the country’s government decided to approve an emergency decree regarding one of its major lenders,...Read More
A new week dawns upon the cryptocurrency industry, and there is some more drama to go around. Trevon James, best known for his BitConnect antics, is now aligning himself with Hex. The Hex project has been very controversial from day one. Hex and Trevon James are a Thing It offers users decent returns, but the...Read More
A dip below $7,000 has been on the cards for Bitcoin for some time now. What is surprising though is that the altcoins have been pummeled again with several high cap crypto asserts dropping as much as 8 percent overnight.Bitcoin Back Below $7kAfter almost three weeks of consolidation the big Bitcoin move finally arrived and,...Read More
Companies such as R3 are leveraging blockchain technology in the finance industry. Its latest trial seemingly resulted in completing the largest open-account finance trial on the Corda platform. It has been a while since R3’s Corda platform generated any real headlines. R3 and Corda Complete a Major Trial Despite that aspect, a lot of development...Read More
According to the blockchain analysis firm Ciphertrace, major U.S. banks process roughly $2 billion in digital currency transactions that go undetected every year. Ciphertrace disclosed a slew of financial institutions have not deployed the right KYC/AML infrastructure to detect unregistered cryptocurrency transfers. Also read: US to Strictly Enforce Crypto Rules Similar to FATF Guidelines All...Read More
Bitcoin has faced turbulence throughout 2019, with the first half of the year being firmly controlled by bulls that sent it as high as $13,800, while the second half of the year played to the favor of BTC’s bears who were able to push it as low as $6,500.The downtrend that was first sparked this...Read More
Leveraged trading, or margin trading, has always been rather controversial in the cryptocurrency industry. Japan’s Coincheck exchange is ending this functionality in the next few months. It is rather uncommon for cryptocurrency exchanges to end margin trading out of the blue. Coincheck Ends Margin Trading For most service providers, this is one of the primary...Read More
The second most popular digital asset by market capitalisation led a crypto industry wide plunge in prices today. Ether (ETH), the native cryptocurrency on the Ethereum network, fell by around 10 percent in just a matter of minutes.The market wide dump follows a Chainalysis report referenced by Bloomberg earlier today. It claims that PlusToken, a...Read More
Bitcoin’s bulls have continued to hold Bitcoin’s price above its key near-term support level at $7,000 and defended this level from some heightened selling pressure yesterday that came about just prior to BTC’s weekly close.The ardent defense of this level comes about as Bitcoin shows signs of having a bearish market structure, and there are...Read More
CoinMarketCap is suddenly showing a little-known cryptocurrency as the 17th largest by market capitalisation. Mindol (MIN) is an obscure project apparently aiming to promote Japanese “geek culture”.There has been little news reported that might account for the epic price gains the digital asset has seen over the last few weeks. This has caused market observers...Read More
Bitcoin has plunged by approximately 50 percent from its 2019 peak. And the cryptocurrency is hinting to continue trending downwards before the year’s close. The negative sentiment in its market, nevertheless, is benefiting rival cryptocurrencies.That is particularly true for XTZ, the native asset of Tezos, a proof-of-stake blockchain project whose market valuation has grown twofold across...Read More
It was two years ago today, that Bitcoin price reached its all-time high value of $20,000, and just one year ago that it reached its current bear market low of $3,100.The post appeared first on NewsBTCRead More
Crypto traders in Poland have been unpleasantly surprised with a controversial tax they thought they wouldn’t have to pay. The Civil Law Transactions Tax (PCC) is applicable to digital asset trades conducted before the introduction of last year’s moratorium on its collection, the Polish tax administration recently clarified. The matter has been discussed on European...Read More
When Bitcoin broke out from the $4,000 range and went on a parabolic run around mid-year, the crypto market breathed a collective sigh of relief as they said goodbye and good riddance to the bear market.The post appeared first on NewsBTCRead More
During the presentation, given to The Empire Club of Canada, Governor of the Bank of Canada, Stephen S. Poloz laid out some interesting reasons why he believes cash is better than crypto. Modernising Canada’s Ageing Payments Systems Poloz spoke about the role of technology in affecting how Canadians made payments. He suggested that the majority...Read More
Since the end of November, Bitcoin has found itself trading within a narrow band. Support appears to be holding at $7k, but the general sentiment is still bearish. The Call/Put Ratio for BTC Options shows that Puts are nudging almost 0.75 on the latest daily, implying that investors are speculating a move lower, or hedging...Read More
