December 23, 2019

New YouTube Crypto Ban? The Giant Started Removing Cryptocurrency-Related Videos With No Warning

YouTube, the Google-owned social media mogul, claimed to be restricting and even deleting cryptocurrency-related videos and channels. Several crypto influencers had reported over the past few hours on the removal of videos and even complete channels. Such is the case with veteran crypto investor and influencer Chris Dunn, operating one of the most popular channels...
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Global LocalBitcoins Trading Volumes Continue to Drop Lower

Given bitcoin’s volatile price swings, one would expect there to be more interest in this currency. If the recent LocalBitcoins volume is an official indicator, that seems to be anything but the case. Many “experts’ often point out how a large amount of bitcoin trading doesn’t happen on centralized exchanges.  LocalBitcoins Falls out of Favor...
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XRP Poised for a Bigger Loss Despite Ripple’s Mammoth $200M Funding Round

XRP has been facing some bearish price action in recent times despite the ongoing recovery seen across the aggregated crypto markets and the increasing investments that Ripple is making to further enhancing the token’s utility.Analysts are noting that this lackluster price action is likely to result in further downside for XRP in the near-term, with...
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Coinbase Closes Earn.com One Year After $100M Acquisition

Coinbase is shutting down the startup Earn.com which it acquired for an estimated $100 million last year. The email service allowed senders to pay users in digital currency for replying to commercial messages or completing tasks. Also Read: Coinbase Acquires Earn.com for an Estimated $100 Million Coinbase Says Goodbye to Earn.com San Francisco-based cryptocurrency trading...
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Is the Bitcoin Bull Market Here? Indicator Signals Massive Trend Shift is Imminent

Ever since Bitcoin plummeted to lows of $6,400 last week, BTC and the aggregated crypto markets have been caught within a firm upwards tailwind that has led many investors to believe that the market’s recent lows will ultimately mark a long-term bottom.One key technical indicator that has historically predicted both the beginnings and ends of...
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Bitcoin Price Poised to Press $8,000, Analysts Assert After 4% Drop

At long last, Bitcoin (BTC) has started to show signs of life. Over the past 48 hours, the cryptocurrency has pressed higher, moving past the tight range in the $7,100s it was stuck in for days.Related Reading: CME Futures Data: Institutions Still Wary Despite Bitcoin’s Bullish SignsBy Monday morning, the cryptocurrency was trading as high as...
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Bitcoin and cryptos may have opened doors for ‘software-powered collateral economics’

According to Vision Hill Group, a trend notably observed throughout 2019 has been the major shift of crypto-asset from a currency sentiment, towards utilization of tokens for financial applications and utility. Bitcoin‘s portrayal as a store-of-value has been one of the most popular narratives in 2019 as other assets such as Ether carved a different utility...
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Top 10 Crypto Venture Capital Raises of 2019

Venture capital had a busy year in crypto, with several monster deals inked in 2019. Here are the 10 largest VC raises of the year. After a whopping 1,148 deals in 2018 for $4.65 billion, 2019 saw these figures drop significantly, according to Crunchbase, with just under 450 deals concluded for less than half the...
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Top Crypto Hash Rates Show Miners Betting Big on Bitcoin

Bitcoin hash rate has been performing exceptionally this year. Miners around the world clearly see a bright future for the leading crypto asset.The same cannot be said for other big projects in the industry. Whereas Bitcoin just hit a new all-time high hash rate, the likes of Ethereum, Bitcoin Cash and SV, and Litecoin have...
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Ethereum Price Analysis: At $130, ETH Looses Steam Against Bitcoin, Can The Bulls Turn It Around?

Ethereum slipped by a further 5% this week, bringing the price for the cryptocurrency down to the $130 level. ETH created a fresh 3-month low against BTC today after dropping beneath the 0.0175 BTC support. The cryptocurrency has now lost a steep 30% this past month. Key Support & Resistance Levels ETH/USD Support:  $128, $120,...
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Thomson Reuters Launches Crypto Tax Tool

Tax authorities around the world are increasing their focus on crypto transactions and companies are rushing to help investors navigate the unclear regulations. The latest example is Thomson Reuters which has added a new tool for American tax payers to report crypto dealings to the IRS. Also Read: Thomson Reuters Eikon to Display Data on...
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Past Performance Shows Bitcoin Historic High Could Serve As True Bear Market Bottom

History often repeats, and financial markets like Bitcoin and crypto regularly cycle. But past performance doesn’t always guarantee future results.The post appeared first on NewsBTC
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Bitcoin’s shows progress on institutional front, ‘but speed of funding is limited’

The launch of Bakkt, launch of Galaxy Digital’s brand new BTC funds, Fidelity‘s bitcoin product and TD Ameritrade’s bitcoin trading service on the Nasdaq via its brokerage platform marked some of the marquee events over the past 12 months, but according to Vision Hill’s recent report, constructive participation is yet to enter the space. Capital...
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Bitcoin Gathering Momentum to Reach $8,000

Bitcoin continues to build on recent trading gains, with the number one cryptocurrency trading at its highest level since Dec. 9. The top 10 cryptocurrencies are also trading in positive territory as they continued to benefit from the ongoing recovery in digital assets. VeChain continued to recover recent losses, following the recent hacking scandal surrounding...
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Core Developer Says 2020 is a Big Year For Bitcoin’s Scalability, Usability, and Adoption

Bitcoin core developer John Newbery took to Twitter this week to discuss the strides that Bitcoin has taken this year, and dive into how the lightning network will grow the cryptocurrency, its usability, and adoption moving into 2020.The post appeared first on NewsBTC
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Bitrue lists 27 new XRP-based trading pairs

In another boost for the XRP ecosystem, Bitrue, a Singapore-based cryptocurrency exchange announced that it will soon list 27 new XRP pairs on its platform. With XRP as the base pair, the first 14 coins to be paired with it will be opened for deposits and withdrawals starting on 23rd December. The official blog post...
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Bitcoin Billionaire Tim Draper Might Not Invest in India Ever Again Due to Controversial Citizenship Law

Bitcoin billionaire Tim Draper takes a hard stance on India’s new controversial citizenship law. | Image: REUTERS/ Stephen Lam Tim Draper has suggested he will not tolerate religious discrimination. The Draper Venture Network is currently invested in India. The venture capitalist earlier this year criticized a proposed cryptocurrency ban in the world’s biggest democracy. Bitcoin...
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What is Eden?

EDEN is the EPCIS Decentralized Network, a blockchain-as-a-service providing supply chain visibility tools. Multichain Ventures created EDEN as a solution to the challenges of proving the provenance of goods throughout supply chains for legal cannabis businesses. For the peace of mind of responsible customers and complying with strict regulations, EDEN provides stakeholders with an easy...
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These Five Altcoins Crushed Bitcoin’s 2019 Returns

2019 was the year of Bitcoin, which stole the spotlight from the rest of the crypto industry, including altcoins like Ethereum, Ripple, and Litecoin.The post appeared first on NewsBTC
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Fed Governor Blasts Bitcoin for its Ties to “Illegal Activities”

It is a well-known fact that US politicians don’t like bitcoin very much. Particularly the Federal Reserve governor still sees plenty of problems, primarily due it facilitating illicit activities.  In a recent meeting, the bitcoin debate was reopened once again. The Fed Still Hates Bitcoin As regulators prepare to take a closer look at cryptocurrencies,...
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Ponzi or Pumped? Controversial TRON Dapp Racks up 500 Million TRX

Is TRON’s most popular Dapp just a game – or is it a Ponzi scheme? | Source: Tron Foundation/Facebook TRON’s Just.Game becomes No.1 Dapp within hours of launch. Over 500 million in TRX has been sent to the automated smart contract. Critics say the app’s structure too closely resembles that of a Ponzi scheme. A...
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IEOs Just as Shocking as ICOs, BitMEX Data Shows

Tokens that emerged from Initial Exchange Offerings (IEOs) have demonstrated a poor performance this year, according to BitMEX research. Most IEOs Have Failed Despite Bitcoin Surge In May of this year, BitMEX published its first piece of research on IEOs, concluding that the market was doing much better than initial coin offerings (ICOs). In fact,...
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Bitcoin could fall below $6K in the Q1 of 2020, according to this analyst

While 2020 is just around the corner, everyone from the cryptocurrency industry has been speculating Bitcoin’s price movement for the next year. Former Wall Street trader and a prominent influencer in the industry, Tone Vays joined the bandwagon and went on to reveal what 2020 has in store for Bitcoin. Over the past few months,...
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Mnuchin Affirms $1.5 Trillion Unaccounted For, Still Demands Strict Bitcoin Regulation

U.S. Treasury Secretary Steven Mnuchin remarked last week that a reported $1.5 trillion in missing cash — mostly one hundred dollar bills — was “sitting in bank vaults all over the world.” The famously anti-bitcoin U.S. official noted that “there’s a lot of ‘Benjamins’ all over the world” and emphasized the strength of the currency...
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Binance to Give Away Tesla Cybertruck In Xmas TROY Promotion

Cryptocurrency exchange, Binance, has announced a Christmas ‘Give Away’ of a Tesla Cybertruck and $50k of TROY tokens. Of course, ‘Give Away’ might be a slightly misleading description, as receiving the truck will require a shed-load of TROY trading (and trading fee spending) on Binance. Binance Give Away: Terms And Conditions Apply Binance announced its Christmas...
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BitTorrent (BTT) Price Prediction and Analysis in January 2020

We will be examining some of the historical price movements of the BitTorrent crypto in order to come up with a BTT price prediction for January 2020. BitTorrent Overview BitTorrent was a public venture company that had been operating since 2004 and provided the first widely adopted peer-to-peer technologies in the world. In 2018, BitTorrent was...
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Bitcoin Price Will Drop $1,000 Before Seeing Real Bottom: Here’s Why

Bitcoin price is finally exhibiting price action that suggests it could be building a base in which a final local bottom could set.The post appeared first on NewsBTC
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TradingView GM: crypto has passed ‘insane trading mania’ phase

A question that has been debated since the Dot.com bubble is the emergence of the online marketplace. One of the most publicized flameouts of the internet bubble was Pets.com, an online pet store. Soon after its IPO in 2000, that raised $82 million, the company ran out of money and joined the list of some...
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The Rise of STEM

STEM, or science, technology, engineering, and math has more recently become a bigger part of American children curriculums with the coining of the term in 2001 by Judith Ramaley. Over the last decade, the U.S. has seen nearly 2 million new STEM jobs – but students’ math and science scores continue to lag behind other...
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Why XRP Isn’t Surging in Tandem With Rest of the Cryptocurrency Market

XRP was not among the gainers as the cryptocurrency market attracted capital of up to $12 billion in a day.The Ripple blockchain’s native asset slumped by up to 2.19 percent on Monday to establish an intraday low of $0.194. The downside move negated XRP’s gains – registered during the Sunday trading session – by 1.38...
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Bitcoin (BTC) $ 97,190.04 3.11%
Ethereum (ETH) $ 3,337.97 7.28%
Tether (USDT) $ 0.999378 0.19%
Solana (SOL) $ 246.61 3.46%
BNB (BNB) $ 620.93 0.92%
XRP (XRP) $ 1.13 0.32%
Dogecoin (DOGE) $ 0.387541 0.74%
USDC (USDC) $ 0.999014 0.12%
Lido Staked Ether (STETH) $ 3,340.33 7.35%
Cardano (ADA) $ 0.797216 4.42%