Bitcoin is many things to many people, for some it is a way to make a quick buck day trading, for others a hedge against political and economic adversity and a failing banking system. Regardless of its price fluctuations, BTC does something banks never can, it empowers the people that hold it.Bitcoin Beats BanksAnother week...Read More
Binance, the Malta-based cryptocurrency exchange, has launched BCH/USDT (Bitcoin Cash) Futures contracts with up to 75x leverage on its Binance Futures trading platform. Binance Futures was in news recently for rolling out its Ethereum(ETH) Futures contracts up to 75 times leverage. It has now launched its third perpetual contract, BCH/USDT with leverage up to 75...Read More
KT, the South Korean telecom company, is selected by the Korean government to issue a local blockchain-based currency in Busan. ‘Dongbaekjeon’, with annual issue amounting to 300 billion WON is a blockchain-based local currency. This currency is reported to go live on Dec 30, 2019, as per a local news report. Further, the report claims...Read More
Bitcoin price is consolidating gains above the key $7,000 support area against the US Dollar.The price could dip towards the $6,960 support before it starts a fresh increase.There is a short term contracting triangle forming with resistance near $7,135 on the hourly chart of the BTC/USD pair (data feed from Kraken).The bulls need to gain...Read More
Spark will compete with Ethereum’s similar web app. IOTA has released Spark, a web wallet that can be set up in seconds and erased in the same amount of time. The announcement refers to the app as a burner wallet: “The idea is that you use the wallet for small amounts of funds, for a...Read More
The total crypto market cap is likely preparing for the next move above $190.0B.Bitcoin price is holding the main $7,000 pivot level and consolidating gains.Litecoin (LTC) price is currently struggling to settle above the $40.00 region.Bitcoin cash price is consolidating near the $185 level, with hurdles near $192 and $195.EOS price is likely to slowly...Read More
Coinfloor, the oldest crypto exchange of the United Kingdom, decided to go back to being the “Only Bitcoin” Exchange. The UK’s crypto exchange will delist other cryptos on the exchange from January 2020. At present, Coinfloor supports Ethereum, Ethereum Classic, Bitcoin Cash. However, only Bitcoin will be supported by its 11th Anniversary on this exchange. ...Read More
In the last 12 months, cryptocurrency holders around the world have demonstrated a remarkable shift in sentiment after a huge uptick in cryptocurrency trading volume burned the hands of numerous traders.As such, both short-term and long-term holders are beginning to look for low risk, stable investment options that generate a healthy profit. Among these options,...Read More
The SLP token ecosystem continues to grow rapidly as more companies adopt the token protocol. The latest to join this trend is Cybavo, a cybersecurity firm providing enterprise-level secure private key management for blockchain applications to some of the biggest exchanges in the world. Also Read: SLP Token Market Cap Surpasses $50 Million Cybavo Adds...Read More
Ripple price is still trading in the red zone below the $0.2000 resistance against the US dollar.The price is declining and it could soon break the $0.1840 support area to continue lower.This week’s key bearish trend line is still active with resistance near $0.2055 on the hourly chart of the XRP/USD pair (data source from...Read More
Germany remains a very interesting region when it comes to cryptocurrencies. Local officials are seemingly intent on regulating this industry early next year. Given the new regulations introduced in the EU, that doesn’t come as too much of a surprise either. More Crypto Problems in Germany Due to these guidelines, the German Banking Act and...Read More
On December 17, the European Central Bank (ECB) published a report that showcased its blockchain technology proof-of-concept. One particular feature the central bank digital chain holds is the ability to issue “anonymity vouchers.” Also read: Lagarde Sees Demand for Stablecoins, Plans to Put ECB ‘Ahead of the Curve’ ECB Report Explores Anonymity in Central Bank...Read More
Central Banks across the globe are considering their own digital currencies to contend with unregulated cryptocurrencies such as Bitcoin. In reality, these are far from implementation. The noticeable uptick in media attention toward Central Bank Digital Currencies (CBDCs) — especially after Zuckerberg’s testimony on Libra before Congress, and Christine Lagarde’s acknowledgment of the “clear demand”...Read More
It doesn’t happen all that often to see bitcoin gain positive recognition. For some reason, Spain’s Cyber Security Institute deems it safer than bank-based payments and transactions. The new infographic by Spain’s CSI paints an interesting picture. Bitcoin is a Solid Payment Method Most of the fraudulent financial activity occurs through traditional payment methods. This...Read More
On December 18, Bitcoinbch.com published a video explaining how easy it is to double spend BTC transactions in the wild. Not long after the film was released, the payment processor Travelbybit announced it would be removing both BTC and BCH payments for over 400 Australian merchants. Unfortunately, a few BTC proponents claimed BCH has the...Read More
Bitcoin’s bulls have lost the overwhelming strength they incurred yesterday when they propelled BTC off of its recent lows of $6,400, as the crypto has now lost nearly all of the momentum that it incurred during the course of this fleeing rally.It is important to note that this recent rally marked an ardent defense of...Read More
