December 19, 2019

Bithumb Exchange: Is The Largest Cryptocurrency Exchange In The World?

Bithumb exchange is the most popular and largest cryptocurrency exchange based in South Korea, according to data of the site Coinmarketcap. Its regularly feature in lists of the world’s 10 largest crypto exchanges in 24-hour trading volume. The exchange offers world’s top crypto coins and tokens for trading. So let us look in detail more about...
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US SEC Targets Crypto Startup For Illegally Raising $13 Million

Two years after Bitcoin’s ATH, the US SEC still continues to deal with cases involving illegal fundraising by crypto-based companies. SEC Sets its Sights on Latest Crypto Project It has been two years since Bitcoin (BTC) reached its all-time high, with its price reaching $20,000. However, the market surge that allowed its price to go...
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NiceHash Halts Repayment for Victims of $80 Million Hack

NiceHash, a marketplace for renting mining hashpower, has announced that it is suspending its plans to repay customers who lost their funds during a December 2017 hack. That attack caused the company to lose over 4700 Bitcoin, worth $80 million at the time. To date, the company has repaid 82% of that BTC to its...
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Crypto Market Rebounds – BTC, XRP, ETH, BCH Price Analysis

After a large spell of a downtrend, the crypto market seems to be holding ground for the last 24hrs. The cryptos have bounced back remarkably since the same time the previous day. Let us analyze how each crypto – BTC, XRP, ETH, BCH- is affected. Data collected from CoinGecko BTC  The leading crypto Bitcoin has...
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Whales Control Most of Litecoin, Many Ethereum Tokens

A new study of 140,000 crypto addresses finds that few accounts are needed to form majority ownership of many coins. More than half of all LTC is held in just 189 non-exchange addresses, and on average, the top 100 ERC20 tokens are majority-owned by just 34 addresses. Almost 1 in 4 tokens had a majority...
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One Analysis Hints That $55 Is The Next Ethereum Bottom

Price predictions which are made using technical analysis are known to produce a range of results for any specific crypto asset. According to one analysis which is popular in the cryptocurrency news, Ethereum (ETH) could capitulate into double-digits if the current trend continues. This one analysis does not essentially suggest an ETH death but shows...
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TradeSatoshi Review 2020: Is it Still the Best Crypto Exchange

If you are a newbie crypto dealer, you need an exchange with easy and friendly features. Then you’re at the right place. The perfect exchange for a beginner is one that is easy to use, a user-friendly interface, low fees, and good security. Then, TradeSatoshi exchange is for you. It is easy, simple to use, and it...
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Tim Draper Opens Up on Blockchain, Crypto, and the Future

Billionaire Tim Draper recently spoke about emerging technologies, especially blockchain and crypto, revealing what he expects will come in years to come. The year 2019 is at its end, and the next decade is ready to begin. However, while the new decade means a new beginning for a lot of people, it also means a...
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PlusToken Dump Continues: $100 Million Worth Of Ethereum (ETH) Transferred Out Of PlusToken’s Wallet

The saga with one of the largest alleged scam projects in the cryptocurrency world continues. PlusToken’s officials were arrested several months ago, but a recent report shows that over $100 million worth of Ethereum was transferred from a company wallet to an unknown one. $100 In ETH Transferred From PlusToken The popular cryptocurrency monitoring resource,...
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These 10 Countries Are Shaping The Future of Crypto Regulation

These 10 countries are refining the frameworks of crypto regulation, and their success and failure show us why global regulations need to reform. In the early days of the Silk Road, Bitcoin and its crypto brethren were viewed as a lawless financial medium, too obscure to regulate, and too complex for wide-spread adoption. Since then,...
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Bitcoin Price Analysis: The Correction Is Here Following Huge $1000 Rally, But Was That The Bottom of 2019?

Bitcoin was a down-trend road for the past two weeks, and this is no secret. Yesterday the lowest price since May 2019 was reached once again – roughly around $6500. Once it was reached, it completed a 10-days decline of $1100 or 15%. That was the right place to ask – “Is it a time...
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Bitfinex BTC longs reach all-time high as Bitcoin surges by 15%

Bitcoin’s price noted an unprecedented price surge on 18 December, one wherein the king coin tried to recover 15.95% of its losses. In fact, within a span of nine hours, BTC’s price jumped from $6,425 to $7,449.68. According to Datamish, a derivatives data provider, approximately $1.651 million long contracts were liquidated on BitMEX, a development...
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WazirX Adds Pre-Confirmation Check to P2P Payment System

India’s largest cryptocurrency exchange WazirX is constantly improving and upgrading its services. The team led by Nischal Shetty and Siddharth are working diligently to enhance the user experience. As we write, there comes a new update to their peer-to-peer payment.  WazirX Cofounder Siddharth got on to Twitter to elaborate on the latest upgrade. As per...
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Three Reasons Why Bitcoin May Have Just Short-term Bottomed After Big Spike

Bitcoin is leading crypto markets back into the green again today but they have a long way to go before anything can be considered ‘healthy’. The 14% bounce could simply be a bull trap or BTC may finally have been at the bottom and readying for another run.Bitcoin Bounces BackThis week has been pretty grim...
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Bailouts From Asia to the EU Signal Recession and Potential Crypto Opportunity

China’s Hengfeng Bank is set to get a $14.2 billion bailout from both Chinese government and foreign investors. An emergency decree has been approved to bail out southern Italy’s biggest lender, Banca Popular di Bari. Germany continues to struggle with bailout pains, as regional bank Nordlb finds itself now depending on another capital injection. None...
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Online Sports Betting Bitcoin Together With Professionals

Now it’s much easier to earn cryptocurrencies. Online sports betting bitcoin is a great opportunity to make forecasts on interesting confrontations and steadily increase your own assets. To start playing, you need to go through a simple registration procedure. Then you deposit funds into your account, and if you do not have cryptocurrency assets, the...
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Ethereum Worth $105 Million Moved by PlusToken Scammers

A recent “whale” transaction of 789,525 Ethereum (ETH) was claimed to belong to the wallets of the PlusToken scam. The exact holdings of ETH for the scheme are unknown, but this tranche alone is worth $105 million. PlusToken Still Holds onto Part of BTC, ETH Haul PlusToken, despite the law enforcement crackdown against the team,...
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‘Silly judge’ remark could cost Craig Wright the Kleiman case

If the repeated perjury and overall outrageous conduct don’t cost Craig Wright the Kleiman case, insulting a judge will certainly do the trick. In the latest court filing, the Kleiman estate supported Judge Reinhart’s decision to sanction Wright, saying him admitting he lied to the court and calling Reinhard a “silly judge” showed that the...
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Binance.US Seeks Customers Support for Beta Testing iOS Apps

The US subsidiary of the Binance exchange has launched its own iOS apps and are asking the customers to beta test the apps. The Binance.US team took to Twitter to announce the launch of these apps. The US customers are asked to fill a questionnaire and the downloadable links will be sent to them personally....
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Bakkt’s daily volume records new ATH as Bitcoin soars

Bitcoin Futures have garnered a lot of attention from the crypto-industry, especially after the Intercontinental Exchange [ICE] rolled out its digital asset platform, Bakkt, back in September. After the exchange recorded a low of 71 BTC on its first day, many had speculated on Bakkt’s impact on the market. However, the platform was quick to...
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Bitcoin (BTC) Above $7,500 Would Make Case for Larger Rally

Bitcoin price reversed its losses and settled above $7,000 against the US Dollar.The price rallied close to the $7,500 resistance area, where sellers emerged.Earlier, there was a break above a key bearish trend line with resistance near $6,700 on the hourly chart of the BTC/USD pair (data feed from Kraken).A correction is underway, but there...
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Bitcoin Price Holding Important Support After 14% Surge

Just when the bears were gearing up for another mauling, bitcoin price bounced off long term support in an epic 14% pump. The move has kept BTC on track to make greater gains next year as long term technical indicators have held strong. Bitcoin Price Cranks to $7,450 Following an almost 10% slide on the...
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Ripple (XRP) Struggles While Bitcoin & Ethereum Reverse Sharply

Ripple price is currently correcting higher from the $0.1741 low against the US dollar.It seems like the bulls are struggling to clear the $0.2000 resistance area.Yesterday’s highlighted major bearish trend line is active with resistance near $0.2050 on the hourly chart of the XRP/USD pair (data source from Kraken).Bitcoin rallied more than 10% and Ethereum...
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Kraken Slowly Continues to Build its Cryptocurrency Empire

Most of the developments in the crypto industry appear to go by unnoticed. Kraken has been on a very aggressive acquisition spree throughout 2019. The most recent acquisition comes in the form of Circle Trade. Kraken Keeps Picking up Smaller Companies Prior to that development, however, Kraken had already taken control of three other firms....
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Ethereum (ETH) Reversal On Cards, Bitcoin Pump Warning Went Well

Ethereum is up more than 8% from the recent low of $115 against the US Dollar.The price is showing signs of a trend reversal, but it must surpass $135.Earlier, there was a break above a connecting bearish trend line with resistance near $122 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin rallied more...
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Most IEO Projects Don’t Provide Positive Returns, Research Claims

It would appear that the ICO industry has ground to a complete halt. Instead, the IEO business model now takes center stage, albeit the returns aren’t always guaranteed. Most people who invest in an IEO do so for the potentially high returns. Not Every IEO Guarantees Returns After all, it is an easy and quick...
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Bitcoin History Part 22: The New Wealthy Elite

“I am pretty confident we are the new wealthy elite, gentlemen, even with a sum as small as 10 bitcoins … The world just isn’t going to be the same and we have been blessed as the pioneers.” When these remarks were made in June of 2011, they seemed hopeful to the point of delirium....
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How Bitcoin Avoided a Much Deeper Pullback with a Timely Reaction from Bulls

Bitcoin’s bullish response to its capitulatory overnight drop to lows of $6,400 has now resulted in the cryptocurrency incurring a significant amount of bullish momentum that has allowed BTC to break back into the $7,000 region.This bullish response came about after BTC tapped a key support line when it visited these recent lows, and the...
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Bitcoin (BTC) $ 96,845.95 2.13%
Ethereum (ETH) $ 3,287.62 5.00%
Tether (USDT) $ 1.00 0.01%
Solana (SOL) $ 249.50 4.50%
BNB (BNB) $ 618.42 0.47%
XRP (XRP) $ 1.11 1.67%
Dogecoin (DOGE) $ 0.381822 2.69%
USDC (USDC) $ 1.00 0.08%
Lido Staked Ether (STETH) $ 3,291.81 5.02%
Cardano (ADA) $ 0.780368 6.98%