December 30, 2019

Bitcoin ATM Numbers Increase, But Who is Actually Using Them?

The number of Bitcoin ATMs has risen by around 50% in 2019 to hit a total of 6384 according to CoinATMRadar. But have you ever met a person who actually uses one, and if so, who, and why? Who Is Using All These Bitcoin ATMs? December 2019 was a momentous month for many reasons, perhaps...
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TAGZ ends 2019 as the largest cryptocurrency exchange and sets major goals for 2020

The current decade is approaching its summation and it is fair to say that the cryptocurrency ecosystem has been one of the largest growing sectors during this period. Bitcoin and other major assets have received massive attention in the economic landscape as the digital asset ecosystem transcended into a $200 billion industry. The growth of...
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Bitcoin Cash Attack Imminent? Unknown Miner Controls 70% of BCH Hashrate

An unknown mining pool controls 70% of Bitcoin Cash (BCH)’s hash-rate, leaving it ripe for a 51% attack. | Source: Photo by Lars Hagberg / AFP; Edited by CCN Unknown miners currently account for 69.44% of the Bitcoin Cash hashrate. Established mining pools have disappeared completely. Others had their network influence cut in half. The...
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South Korea Confirms No Income Tax on Crypto Profits

According to the South Korean Ministry of Finance’s new announcement, the country’s current tax laws do not include the taxation of profits made through trading crypto. The Ministry of Finance and Strategy in South Korea recently resolved the confusion regarding the taxation of profits made through crypto trading. According to the Ministry’s announcement, the current...
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IMF Discusses Potential Role in CBDC Issuance

With the ongoing conversation surrounding central bank digital currencies (CBDCs), the International Monetary Fund (IMF) is examining its potential role in future sovereign digital currency issuances. IMF Weighs Pros and Cons of CBDC In an analysis posted on the IMFBlog earlier in December, the IMF discussed its potential role within the emerging CBDC discussion as...
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Will This Major US Broker List XRP in 2020?

A recent statement from an online broker, TD Ameritrade, shows that the firm still hasn’t ruled out adding XRP to its platform, causing the coin’s community to speculate about its potential addition. The adoption of cryptocurrencies continues, and many expect that the following decade will be crucial for the crypto trend. With every little victory...
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Analyst Who Called Bitcoin’s Crash to $6,000 Says Ethereum Bottom In

Take one look at Bitcoin’s chart and you would assume that Ethereum, XRP, and all the rest have had a great 2019 too, but you would be sorely mistaken in saying that. Per previous reports from NewsBTC, since earlier this month, the price of ETH is actually down in 2019, which comes in stark contrast...
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Justin Sun Applauds Poloniex About Discounts For TRX Hodlers

Poloniex exchange, on Sunday, has announced to roll out the lowest fees for traders on its platform. Coming Jan 8, 2020; exchange introduces a new fee schedule wherein spot and margin trading fees are reduced. TRX hodlers have added benefits to this exchange. The platform has also started Poloniex Plus and Poloniex Market Maker to...
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Bitcoin Options Trading Poses New Risks to the Market

The Bitcoin (BTC) market will have another source of risk – trading in options. The intention of derivative instruments is to hedge the risk for owners, or potential buyers. But trading option positions holds an additional risk of its own. Bitcoin Options Exposure Expected to Grow Next Year Options exposure is growing, as the markets...
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Elquirex Exchange Set to Expand With New Cryptocurrencies And Loyalty Program In 2020

[PRESS RELEASE] Elquirex brings forward an around the clock cryptocurrency exchange service. The platform is user-centric and simple to use. It doesn’t require any registrations or personal information as the process is supposedly free of all this hassle. Elquirex allows users to quickly switch up between different cryptocurrencies. There are several cryptocurrencies that users can...
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Bitcoin Price to Soon Go Parabolic? Analysts Say It’s Possible

Bitcoin (BTC) hasn’t done too hot over the past few months, plunging some 50% since the June top of $14,000. The selling has stopped over the past few weeks, with the price of the leading cryptocurrency flatlining in the low-$7,000s.Related Reading: Bitcoin Fixes This: Top Bank Chief Says Monetary Policy is FailingConsidering the price action that...
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Bitcoin Options Open Interest on Deribit slashed by 50% after recent expiry

Bitcoin Options are gaining traction as new derivatives exchanges are adding improved products to attract more users. One such exchange is Deribit, an exchange that provides Bitcoin Options trading. The exchange saw a loss in Open Interest after its December expiry from $489 million to $202 million. The BTC Options contract on Deribit expires each...
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Where do Crypto Markets Stand Against Traditional Assets?

The size, liquidity, and growth of crypto markets are still in its infancy. Even all crypto-related activity is still minimal in comparison to traditional assets. Global Stock Markets Add More Than 3 Times the Total Value of Crypto Assets in a Week Global stock markets continued to rally in 2019, despite some fears of a...
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Ethereum’s Newest Hardfork, Muir Clacier, To Take Place On January 1st

The beginning of the new year will deliver a new hard fork for Ethereum, called Muir Glacier. Just a few weeks after the last one (Istanbul), the new fork should address the issues left from it and is supposed to happen on Wednesday, January 1st, 2020. Muir Glacier To Start 2020 According to the official...
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Wazirx CEO on 2020 Outlook, RBI Ban, Crypto Regulation for India

The Indian crypto community has had an eventful year, with a bill on the horizon, the RBI ban’s supreme court hearing, and the community’s efforts toward positive crypto regulation. News.Bitcoin.com interviewed Nischal Shetty, CEO of local crypto exchange Wazirx, about what the Indian crypto industry could expect in the year 2020 and a wide range...
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RUON.AI Announces Patents and Successful Upload Of SovereignSky Space Blockchain

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. LONDON, Dec, 2019 – Within just a decade, mankind will be well on the way to ending extreme...
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Bitcoin Price Analysis: After Another Rejection, Bulls Need a Little Push To End December In Green

There was some good news since our previous weekend price analysis, as Bitcoin returned to retesting the higher descending angle of the bearish triangle. However, yesterday we saw another fake-out when Bitcoin quickly turned down back under the confluence price area. A new weekend starts today, not a regular one since many traders are still...
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Why a Top Analyst Believes XRP Price Bottomed and Will Burst Higher

It is not a secret that altcoins, such as XRP,  haven’t done too well in 2019. While Bitcoin (BTC) is up over 90%, starting the year in the $3,000s and now trading at $7,200, a number of leading cryptocurrencies have actually posted losses on the year.Although nearly all asset classes from precious metals to equities...
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China’s CSRC accepts application for listing an Exchange-Traded Fund

China has been making an effort to lead the blockchain revolution, with the country planning to launch its own state-backed stablecoin, for the same reason. However, it has discouraged the general public from using cryptocurrencies by stating that it violates the People’s Bank of China’s [PBoC] provisions. However, despite the fact that the country was...
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Coinbase Wallet Removing Mobile Dapp Browser to Comply With Apple

It’s been a busy couple of weeks for bad news in crypto, with Youtube’s removal of hundreds of videos, Google Play’s removal of Metamask, and now Coinbase mobile wallet users facing an announcement their app is losing its dapp browser, reportedly due to restrictive policy requirements from Apple. Some are calling the announcement “the last...
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Bitcoin Traders are Exiting Bullish Positions En Masse, Data Shows

The number of traders who had bullish positions on bitcoin is declining. And it could be significant in determining the cryptocurrency’s next big move.Charts on the Bitfinex exchange earlier showed an almost parabolic rise in long positions, showing that investors expected to profit from a rise in the bitcoin price.Between November 23 and December 23,...
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Binance Coin Gains 150% as Per Annual Crypto Returns Report

The native coin of the Binance exchange has some interesting numbers in its kitty. The BNB is up by 148.4% in 2019 as per Coingecko data. Also, the Binance coin has gained 35702.5% since its All-time low in Oct 2017. BNB has seen activity throughout the year as Binance Exchange is updating and welcoming new...
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Bitcoin’s Futures market not the only factor pulling BTC’s price down

With Bitcoin exchange-traded funds [ETF] still awaiting approval from the U.S. Securities and Exchange Commission, derivatives have become the product of choice for most Bitcoiners. The highly anticipated Bitcoin derivatives platform, Bakkt, finally launched this year and it has since noted record trading volumes. Bakkt’s delayed launch might be the reason for its measured start....
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Bitcoin Rally Pauses But Not Likely Over, Bulls Aim $8K

Bitcoin price rallied recently above $7,300 before it ran into $7,500 against the US Dollar.The price is showing positive signs it seems like the bulls aim another test of $7,500.There is a major bullish trend line forming with support near $7,325 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair is...
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Huobi Indonesia Opens Fiat (IDR) -To-Crypto (USDT) Trading

The Indonesian subsidiary of the Huobi Global cryptocurrency exchange announced the launch of its fiat-to-crypto trading gateway for Indonesian customers. The Huobi clients can now trade between Indonesian Rupiah (IDR) and Tether (USDT). With this gateway, clients can buy USDT using IDR and trade more than 250 cryptos that the platform supports.  Senior director of...
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Bitcoin & Crypto Market Showing Bullish Signs: LTC, BNB, BCH, TRX Analysis

The total crypto market cap is slowly rising and it is now above the $185.0B support.Bitcoin price rallied recently, but it failed to climb above the $7,500 resistance.Binance coin (BNB) price is up more than 5% and it broke the $14.20 resistance area.Litecoin (LTC) price is slowly recovering and it is now trading above $42.50.BCH...
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Central Bank Gold Hoarding Hits 50-Year High

While dozens of the world’s economic leaders participate in extreme monetary easing policy, central banks have also been hoarding gold. Central banks accumulated over 668 tons in gold purchases this year, which is more than 2018’s record numbers. In fact, the key drivers in gold demand this year stemmed from central bank purchases, most of...
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Ripple Nears Key Breakout Resistance, BTC & ETH Gain Traction

Ripple price is slowly grinding higher and approaching the $0.2000 resistance against the US dollar.XRP seems to be forming a nice support near the $0.1940 and $0.1925 levels.There is a key rising channel forming with support near $0.1945 on the hourly chart of the XRP/USD pair (data source from Kraken).The price remains well bid and...
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Apple Takes Offense to Users Accessing DApps Through the App Store

Technology giants can make or break the cryptocurrency ecosystem. For reasons unknown, Apple is not necessarily intent on playing fair. It appears that Apple takes offense to how Coinbase provides a DApp browser. Another Curious Apple Development Accessing decentralized applications is crucial to the survival of most alternate cryptocurrencies. Coinbase, as one of the leading...
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Ethereum (ETH) Rallies 5% But Bitcoin Still Trailing

Ethereum is up more than 5% and it broke the $130 and $132 resistance levels against the US Dollar.The price is currently consolidating near the $135 level, with a positive bias.There is a key bullish trend line forming with support near $131 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin also surged above...
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Bitcoin (BTC) $ 68,364.32 0.92%
Ethereum (ETH) $ 2,425.51 1.75%
Tether (USDT) $ 0.999549 0.05%
BNB (BNB) $ 557.46 0.39%
Solana (SOL) $ 159.92 1.58%
USDC (USDC) $ 1.00 0.06%
XRP (XRP) $ 0.50759 0.46%
Dogecoin (DOGE) $ 0.162673 7.90%
Lido Staked Ether (STETH) $ 2,424.44 1.69%
TRON (TRX) $ 0.162664 1.58%