Industries across different domains have tried to deploy blockchain technology meaningfully in their businesses in a bid to eliminate redundancies and reduce time and risk. In a recent development, India’s largest IT services company, Tata Consultancy Services [TCS], has announced that its Quartz DevKit, a blockchain app development kit, is available for enterprises to build...Read More
Soon, you may be able to use Bitcoin to play in your favorite online casinos. The MGA, or Malta Gaming Authority has recently made a move to integrate bitcoin and other cryptocurrencies within its iGaming platform. The organization has launched the Sandbox Framework, a two-phase initiative that will serve as a testing ground for the...Read More
In this regulatory roundup, we cover a positive crypto story in India, China’s year-end rankings, and the European Central Bank entering the stablecoin race. We also cover the New York regulator’s proposed Bitlicense revision — the first in five years — and several other notable regulatory developments in the crypto space. Also read: Regulatory Roundup...Read More
XRP fell beneath the strong support at $0.215 this week after slipping by 5%. Against BTC, it is struggling to hold the 3000 SAT support. XRP remains wedged within a descending channel against BTC and must break this to climb higher. Key Support & Resistance Levels XRP/USD Support: $0.212, $0.20, $0.185 Resistance: $0.2345, $0.2520, $0.27...Read More
Chainlink has a bearish short-term and medium-term trading outlook The four-hour time frame shows that a bearish head and shoulders pattern has formed The daily time frame continues to show the price trapped within a wedge pattern Chainlink is under increasing downside pressure, with the popular cryptocurrency on the cusp of a short-term bearish breakout...Read More
No major movements were observed through the weekend, though the cryptocurrency market lost a few points and remains under pressure on Monday. The bearish trend sweeping through the digital currency market shows few signs of abating so far. Bitcoin fell to a fresh monthly trading low over the weekend, with the BTC/USD pair testing the...Read More
Institutional investors could give bitcoin a last-minute ditch after positive developments in the ongoing U.S.-China trade war. Capital is moving out of haven assets like gold and the Japanese yen to join risk-on markets. The bull run in stocks could continue in 2020. Easing trade tensions between the United States and China is making bitcoin...Read More
Central Banks’ rising interest in the field of digital assets has been evident in 2019. After China’s development of a state-backed CBDC, many have speculated that other central banks will follow suit and launch their own digital currencies by 2020, especially since many are already researching on them. Although Japan’s Hurihiko Kurado recently claimed that...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
At the beginning of December 2019, Balaji Srinivasan, the former CTO of Coinbase and a co-founder of Coin Center, listed Bitcoin as the most successful unicorn of the 2010s. Bitcoin is not a company — as many snarky commentators were quick to point out. But they’re missing the point, Srinivasan protested. Speaking from an investment...Read More
Founder of recently launched HEX cryptocurrency revealed to be former internet ‘Spam King’. Richard Heart, aka Richard J. Schueler, aka, J. Richard, aka James Hart is linked to a Panama criminal network which included corrupt lawyers and judges. Heart also sold anti-aging cures in between roles as Spam King and Bitcoin thought leader. Richard Heart,...Read More
In the past month, European business hours became extremely active for bitcoin futures trading on BitMEX futures. European Traders Pick Up the Slack on BitMEX New data shows European bitcoin traders became active in the past month, making up the bulk of volumes on the BitMEX XBT/USD perpetual contract. European hours have been the most...Read More
If you’ve been on Crypto Twitter at all during 2019, you’ve likely heard the term “Bitcoin futures gap” mentioned again and again.For some context, a “gap” in a financial market is when an asset doesn’t trade at a certain price, leaving a gap in the order books and charts which is highly irregular. While gaps...Read More
With Bitcoin and altcoins going bearish, traders are looking out for different options. One such altcoin is Ripple‘s XRP. XRP price at the moment is bleeding red. At the time of writing, SRP is in the 3rd position as per market capitalization. The XRP is trading at $0.213530 USD with a drop of 2.55%. The...Read More
Prominent Japanese cryptocurrency exchange, Coincheck, is in the news after it announced on 16 December its termination of “leverage transaction” service. The exchange released a blog post in which it stated that the service will be terminated by 13 March 2020. According to the schedule mentioned in the blog, users will have to transfer their...Read More
In a recent interview, Dan Morehead revealed his thoughts on bitcoin and its future, including the ability to disrupt at least 50 industries. With 2019 looking to end, bitcoin has been one of the hottest topics this year, as many expect the next decade to be all about digital currency. For the moment, BTC’s price...Read More
The Tokyo-based crypto exchange, Coincheck, announced that it is terminating its leveraged trading service, in a blog post this morning. Settlement and Transfer Deadlines The planned end date for leveraged crypto trading is 12:00 on Friday, March 13, 2020, by which deadline all open positions should be settled. Customers will then have until the end...Read More
Talk of bitcoin passwords being encoded and stored in synthetic DNA is not new, but in a recent development scientists have announced that DNA-encoded information can now be stored in everyday objects such as eye glasses or a shirt button, instead of a vial or test tube. Also Read: Cryptosteel Capsule Will Keep Your Wallet...Read More
BitFinex Bitcoin’s open long positions keep increasing rapidly and had recently set a new all-time high record on the popular cryptocurrency exchange. In the last two weeks, the total number has surged to over 43,000 BTC, bringing up the discussion within the community if this very odd behavior might end up in a cruel long...Read More
Blockchain-based identity management solutions firm, iden3, recently published the results of an analysis it had conducted to test transaction throughput on the Ethereum blockchain, before and after the Istanbul upgrade and ZKRollup. The analysis concluded that Ethereum, after the Istanbul upgrade, using ZKRollup, could handle up to a theoretical maximum of 2048 tps, a figure...Read More
China is the clear blockchain tech leader at the moment and the US is in danger of missing out entirely if it doesn’t even get off the starting line. China Leading the Way There have been no mistaking China’s intentions when it comes to blockchain technology. President Xi Jinping’s public endorsement of digital ledgers sent...Read More
Recently, the Ethereum network’s eighth network update, Istanbul, went live on the platform at block number 9,069,000. During the 77th Ethereum Core Devs meeting, the aftermath of the Istanbul hard fork along with several other updates pertaining to the network was discussed. Addressing the same, PegaSys’ Tim Beiko went on to reveal that Istanbul was...Read More
A growing number of banks in Germany are charging retail customers negative interest rates, starting with the very first euro deposited into their accounts. At least three German banks are reportedly doing so, with more expected to follow suit in the near future. As the European Central Bank maintains a negative rate policy, more banks...Read More
Bitcoin price is trading in a bearish zone below the $7,200 resistance against the US Dollar.The price is currently struggling to stay above the $7,000 support area.There is a connecting bearish trend line forming with resistance near $7,120 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair is likely to face...Read More
An American television personality and pro-Bitcoin John Stossel tweeted a few hours ago explaining his point of view on Bitcoin. He took a dig at the Government too. “I bought #Bitcoin because I don’t want all my savings in dollars. What if my government prints lots of dollars and they become worth… pennies?” Further his...Read More
The total crypto market cap is trading well below the $192.0B and $200.0B resistance levels.Bitcoin price is struggling to stay above the main $7,000 support area.EOS price is declining and it is likely to trade below the $2.500 support area.Binance Coin (BNB) is approaching the key $14.00 support area.BCH price is still holding the main...Read More
Fundamentally, Ethereum has had a solid year with growth on many fronts. Unfortunately the same cannot be said for price which has now returned to crypto winter levels. All cryptocurrencies, with the possible exception of one or two, are bearish at the moment but Ethereum is likely to bounce back stronger next year.Ethereum Fundamentals Still...Read More
Ripple price is sliding and it is under pressure below the $0.2200 resistance against the US dollar.The price is now trading below $0.2150 and it could decline further below $0.2100.There is a crucial bearish trend line forming with resistance near $0.2180 on the hourly chart of the XRP/USD pair (data source from Kraken).There are high...Read More
Cyber attacks have become very common over the past few years. It would appear hackers are primarily targeting entire nations, rather than individual targets. One country dealing with plenty of cyber attacks is Iran. Iran Thwarts two Cyber Attacks So much even that at least two such attacks took place in the past week alone....Read More
There are many narratives for Bitcoin ownership but one constantly echoed is a hedge against failing fiat. A US consumer television personality and author recently told his burgeoning follower base on social media why he bought Bitcoin.Buy Bitcoin to Avoid Dollar DestructionLibertarian pundit John Stossel has been back on social media extolling the virtues of...Read More
