digital currencies

Plustoken Cash-Outs Could Be Behind BTC Price Drop, Says Report

On Monday, the blockchain surveillance company Chainalysis published an excerpt from the firm’s upcoming crime report that will publish in January. According to the Chainalysis research, the Ponzi scheme called Plustoken not only defrauded investors out of $3 billion but the scam “may also be driving down the price of bitcoin.” Also read: Mystery Surrounds...
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Lagarde Suggests ECB Has To Set Objectives For Digital Currencies

The crypto news today show that a former JPMorgan derivatives trader sues one of the largest cryptocurrency exchanges and BitMEX faces $300 million in potential losses after it allegedly failed to deliver the trader’s equity.An official filing with the Superior Court of the State of California in San Francisco dated December 4 shows that Frank...
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Hong Kong Collaborates With Thailand For Cross Border Token Projects

Mindol (MIN) token in the past few days has attracted meaningful publicity after jumping to the top 30. But in the typical cryptocurrency fashion, the price momentarily started falling so let’s find out in the coming altcoin news today.The Mindol project has the aim to popularize the Japanese manga culture, in relation to the yearly...
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ECB President Explores Future Potential For Digital Currencies

The ECB president explores the potential for a digital currency which will allow for a direct injection of liquidity to the consumers according to Christine Lagarde, the new president at the European Central Bank. Let’s see what she has to say about digital currencies in the latest altcoin news. In the first hearing where the...
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Op Ed: In China, It’s Blockchain and Tyranny vs Bitcoin and Freedom

On October 24, 2019, President Xi Jinping gave a major speech about how China is going to make blockchain technology a national priority. He said China would “take the leading position in the emerging field of blockchain” and explore its use “in people’s daily life.” China’s most-watched daily news show covered the speech in primetime,...
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More Filthy Fiat: Two Dozen Central Banks Ramp up the Printing Presses

The global economy seems to be heading toward a financial crisis fueled by central planners that could devastate markets worldwide. This year onlookers are witnessing the largest synchronization of central banks printing massive amounts of fiat or participating in other forms of stimulus. The central banks’ easing policy hasn’t been this colossal in nearly two...
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After Breaking New Records Bakkt Announces Crypto Consumer App

Following the all-time record of 1,179 contracts on October 25, Mike Blandina, Bakkt’s chief product officer, revealed the firm is launching another strategy after announcing its December options launch. Bakkt is releasing a consumer application so retail investors can “unlock the value of digital assets” via consumer payments. Also read: Cred to Demo Global Merchant...
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Meet Be.cash: An Offline Bitcoin Cash Sending Tool

On October 13, software developer Tobias Ruck showed off a demo of an offline bitcoin cash (BCH) wallet tool called Be.cash. The concept provides individuals with the ability to send and sign a BCH transaction without internet service. Also read: 80% of Crypto Trade Volume Tracked by Blockchain Surveillance Be.cash: A Tool for Sending and...
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Realmx Video Game Officially Launches on Bitcoin Cash

During the first week of August, the development team Block Hop announced a sandbox video game called Realmx that’s fueled by bitcoin cash. On October 10, Block Hop developers revealed that after “months of development and preparation,” Realmx can now be played on desktop and Android mobile devices. Also read: Chinese Bitcoin Miners Migrate North...
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Bitcoin Cash Acceptance Grows in Southeast Asia via Alchemy’s PoS System

The payments and technology provider Alchemy recently announced the launch of the startup’s hybrid payment solution, a platform that aims to connect cryptocurrency with retailers worldwide. Alchemy’s crypto solution features integration with Qfpay, a well known third-party payment company that provides payment services for more than 1.2 million affiliated merchants. So far the starting point...
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FOIN Allows Merchants to Accept Crypto Payments In-Store

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. FOIN, a cryptocurrency company and a developer of the transparent payment system FoPay, announced the strategic partnership with...
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Bitcoin Cash-Accepting Mayoral Candidate ‘Nobody’ Hosts Keene’s 420 Rally

There’s an individual called ‘Nobody’ competing to be the next mayor of Keene, the libertarian enclave and crypto mecca located in New Hampshire. On September 21, the bitcoin cash-accepting mayoral candidate announced the 10th anniversary of the annual 420 Rally will be held this weekend on September 28. ‘Nobody’ and the event’s organizers are hoping...
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California City Official Uses Bitcoin Cash to Purchase Cannabis

In California, cryptocurrency payments are making headway in the cannabis industry as Berkeley City Councilmember Ben Bartlett became the first elected official to purchase cannabis using a digital asset. On Tuesday, Bartlett utilized bitcoin cash (BCH) and Cred’s LBA token to facilitate the transaction at the Ohana Cannabis dispensary in Emeryville. Also Read: Bitmain Launches...
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Market Outlook: Uncertainty Builds With Thin Trade Volumes and Bitcoin Futures Launch

Digital currency markets have dropped in value over the last three weeks, losing $25 billion since mid-August. Market prices have been creeping downward on thin global trade volume and the last two months of volatility seem to be taking a toll on short-term bullish optimism. Also Read: Bitmain Launches Next Gen Miner as Bitcoin Hashrate...
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‘Avoid Biased Calculations’ Says Crypto Researcher After Cherry-Picked Chart Debate

On Friday, crypto analytics site Messari and data analyst Zack Voell shared a controversial chart called “Bitcoin Cash versus Lightning,” which claims to display a comparison of activity for both networks. Voell contended that the Lightning Network was growing at a faster rate than the scaling solution BCH has to offer. The way the chart...
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Cryptocurrencies Such as Bitcoin Cash Shine During Hong Kong Protests

The Hong Kong protests started in June 2019 over a controversial bill and now after weeks of demonstrations, marching citizens are fighting for the future of Hong Kong. In the midst of all the activists protesting, digital currencies like bitcoin cash are being promoted as a way for people to remove themselves from China’s system....
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Cryptocurrency Domains Have Become Hot Property

Bitcoin, cryptocurrencies, and blockchain technology have become mainstream terms and are now featured in most dictionaries. Crypto-related terms have a lot of value when they are tethered to a web domain, and these days digital currency domains are prime real estate, with some selling for up to seven figures. Also read: How to Create Non-Fungible...
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Market Update: Prices Drop as Crypto Sentiment Enters the Fear Zone

Cryptocurrency markets fell hard on August 21 following the $700 price drop bitcoin core (BTC) saw during the early morning trading sessions. Most digital assets have lost 2-8% in value as the overall market valuation of all 2,000+ coins has plunged to $263 billion. Crypto price movements have been following a trend of strong volatility,...
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