December 31, 2019

Africa might be the first market China’s CBDC expands to

Facebook was ‘feeling excited’ with 28 companies and others with the announcement of their crypto-project, Libra, a few months ago. But, this excitement was short-lived as most countries thought of it as a threat to their own economies. China was the first to announce its plan to launch a Libra-like cryptocurrency with its own digital...
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The ShitCoin Wallet Browser Extension Injects Malicious JavaScript Code

Cryptocurrency users are often the victim of malicious software. One particular browser extension, known as ShitCoin Wallet, needs to be avoided at all cost.  With a name such as ShitCoin Wallet, it is rather apparent nothing good will come of it. ShitCoin Wallet is a Real Threat This is a browser extension available to both...
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Ethereum’s Price Action is Similar to Bitcoin’s at $3,000: An Insane Rally is Imminent

After reclaiming the $130 level earlier this past week, Ethereum (ETH) is currently struggling to hold above this level as bears attempt to take full control of the aggregated cryptocurrency markets.It is important to note that ETH’s current bearishness could cut deeper in the near-term, but analysts are noting that the cryptocurrency’s current price action...
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XRP to Remain a Cautionary Crypto Investment in 2020; Here’s Why

Ripple blockchain’s native token XRP registered one of its worst performances in 2019. And it is likely to extend its losses in 2020.The XRP-to-dollar exchange rate is down by circa 49 percent on a year-to-scale. At the same time, the token’s price against the benchmark cryptocurrency bitcoin has plunged by more than 72 percent within...
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Live Streaming Platform Dlive Joins Bittorrent Ecosystem

Live streaming platform Dlive will soon be joining the Bittorrent ecosystem and begin migrating to the Tron blockchain. The Twitch alternative will no longer support the Lino blockchain after the transition to Tron is complete. Also Read: Youtube Star Pewdiepie Joins Live Streaming Platform That Accepts Cryptocurrency Dlive Enters Justin Sun’s Orbit Bittorrent has announced...
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Bitcoin, Ethereum Set to Close Year with Gains, XRP Shows Heavy Losses

Bitcoin Bitcoin tested towards the lower end of its short-term trading range on the last trading day of December, as cryptocurrency traders looked to the BTC/USD pair’s yearly price close. The number one cryptocurrency traded around the $7,200 level in early Tuesday trading, marking a loss of around 2% from the weekly price open. At...
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Bitcoin Lightning network a good payment rail, provides serious value

Recently, on the ‘What Bitcoin Did’ podcast, host Peter McCormack spoke to the founder of Lightning Network wallet, Zap wallet. Jack Mallers, who spent the last four months performing extensive user research with regard to the Lightning Network, spoke about its actual value, what it can accomplish, as well as its institutional use-cases. According to...
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Bitcoin’s Drop to $7,000 Will Be Short Lasting Due to This Key Indicator

The aftermath of Bitcoin’s recent rally up to highs of $7,500 – and subsequent rejection – has been grave for bulls, as BTC has been caught within a strong downtrend that is leading the cryptocurrency down to its key support region that exists around $7,000.It is important to note that one key factor is currently...
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Bitcoin Cash Turning Bullish, Holds Above $200

Bitcoin Cash has a bullish short-term and bearish medium-term trading bias The four-hour time frame shows that a bullish inverted head and shoulders pattern is forming The daily time frame shows that the cryptocurrency may start to target the $280 level Bitcoin Cash is showing bullish bias as the fifth-largest cryptocurrency continues to firm above...
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Dr Doom Laments Bitcoin ‘Bubble’ on Taylor Swift Mashup

You probably already know that Nouriel “Dr Doom” Roubini is no fan of Bitcoin. The professor and economist has frequently sounded off against the crypto asset space in recent years.What you might not know is that Roubini also has something of a musical side. His most recent offering sees him take on and rework Taylor...
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Bitcoin’s Futures premium rates back up after flattening forward curve

Bitcoin’s price has been treading under the $8k mark for a while now, and what once was considered to be a bullish coin is now limited in terms of price due to various reasons. One of the reasons that have often made the rounds are Bitcoin Futures pulling the price of the digital asset down....
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A Tor-Integrated Cashfusion Build for Bitcoin Cash Is Coming

On Monday, Electron Cash developer Jonald Fyookball updated the Bitcoin Cash (BCH) community in regards to the Cashfusion protocol. Fyookball revealed that Tor integration is currently in the works. The Tor-integrated Cashfusion build is “the big piece” the development team needs to get from alpha to beta stage, Fyookball detailed. Also read: Privacy-Enhancing BCH Tool...
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China Securities Regulatory Commission Considers Listing First ETF

Hedera Hashgraph, one of the well-known new enterprises for 2019 is in a bad spot once again. Nodes have shut down without any warning whatsoever, which suggests that the network could be centralized in a bigger manner then planed in the previous period, so let’s find out more in the blockchain latest news.The community noticed...
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Turkey-based bank launches blockchain-based physical gold-backed transfer system

According to a recently published press release, Takasbank, Turkey‘s Istanbul Clearing, Settlement and Custody Bank, has announced that its physical gold-backed transfer system based on blockchain has gone live. According to the announcement made on 30 December, BiGA Digital Gold will provide banks in Turkey with a system for issuance, repayment, and transfer of blockchain-based...
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Turkey’s Takasbank Announces Blockchain-Based Transfer System

Turkey’s Takasbank announced that its blockchain-based physical gold-backed transfer system is now live so let’s find out more about it in the upcoming cryptocurrency news. Turkey’s Takasbank launched the BiGaDigital Gold to provide the banks with a blockchain-based system for the issuance, repayment, and transfer of digitized gold as we can read from the announcement...
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Bitfinex Sees Cross-Chain Value Transfer as Key in 2020

Bitfinex CTO Paolo Ardoino sees cross-chain value transfers as the most critical issue facing the cryptocurrency sector for 2020.  With over 4,000 digital assets in circulation and many of them confined to their own ecosystems, a lack of liquidity and interoperability plagues many tokens. Blockchain ecosystem diversity is harming the industry — locking value inside...
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Ethereum’s Hard Fork is Scheduled for Tomorrow: Key Things to Watch

2019 has been a bit of a rollercoaster ride for those in the crypto sphere, and one thing that is on the mind of many is the upcoming Ethereum fork in January. As everyone knows, a hard fork is one of the most crucial events in the lifetime of any cryptocurrency, and when it happens...
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ElectraPay is Another Altcoin Payment Solution no one Really Needs

Making cryptocurrency payments convenient and accessible remains crucial. A more competitors emerge, that process will go smoother over time. ElectraPay is the latest entrant to join this space. Can ElectraPay Succeed?  In the blog post, it is mentioned how this crypto payment service will go into operation in January of 2020. During that period, a...
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Ripple’s ODL corridor to Mexico reports an all-time high

Ripple’s on-demand liquidity [ODL] corridor to Mexico has been active ever since its launch and has been leading the liquidity game. On 30 December, the XRP/MXN corridor on Bitso reached an all-time high, with liquidity surging by over 10 million. According to the Liquidity Index Bot, XRP/MXN corridor noted liquidity of 10,189,161 million and has...
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The Biggest FUD and FOMO Moments in Crypto 2019

The crypto industry, Bitcoin, blockchain, and any of its varieties is driven primarily by hype and speculation as the emerging technologies underlying each asset are often too new or unproven to yet provide a realistic valuation.Due to this, the constant ebb and flow of FUD and FOMO often dictate market movements and turn major losers...
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Why is Bitcoin Price Growing Slower and Slower?

The potential short-term and long-term growth prospects of bitcoin can be gauged from the ongoing price activity. BTC price is facing increasing resistance on its way up. Volatility is decreasing with time. What does this mean for bitcoin’s overall outlook?  In his latest article, entrepreneur, engineer, and bitcoin optimist Harold Christopher Burger deeply analyzed the...
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Cryptocurrency Predictions for 2020: What Should We Expect?

2019 was a year full of surprises and expectations for blockchain and crypto projects. New partnerships have been established, new cryptocurrency products launched, and Bitcoin and Ethereum managed to make it out alive of the bear market, as well as many blockchain developments were made. Today, we shall explore some of the cryptocurrency predictions for...
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New Crypto App Plutus To Replace Your Banking Needs

Plutus is a new crypto app in the industry that has been working secretly on solving the problems in the industry and brings crypto closer to the masses without the needs of a bank. In our blockchain news today we find out more about the app. The new crypto app Plutus was founded by an...
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Bitcoin Price Yearly Candle Shows Failed Rally, Longest Wick on Record

Today’s mid-week daily close in Bitcoin price charts carries significantly more weight than usual, as New Year’s Eve marks the last day of the calendar year, and the crypto asset’s yearly candle close.If the leading crypto asset by market cap closes today at current prices around $7,250, the yearly candle will close with the largest...
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Recap Of 2019: Those Were The Biggest Bitcoin & Crypto Events Of The Year

It’s safe to say that Bitcoin, as well as the entire cryptocurrency market, were in for one wild ride in 2019. This is true in terms of price, but also for new developments, exciting events, important community positions, and so forth.  A lot of people believe that 2019 was the preparation year for Bitcoin and...
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Regulatory Roundup: China Blockchain ETF, France New Crypto Rules, Tokens Like Money in Russia

In this roundup, we cover Russia’s supreme court recognizing tokens as assets like money and property, France’s new crypto regulatory framework, and several industry developments in China, including a blockchain ETF filing. We also cover Japan’s world conference for decentralized financial governance, Uzbekistan’s crypto ban, and four countries’ central bank digital currency updates. Also read:...
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Bitcoin’s price predictions for 2019 were really a hit-and-miss

Two years ago, right around this time, the cryptocurrency market witnessed a bull run, one unlike anything the market had ever seen before. At the time, the largest cryptocurrency, Bitcoin, had broken all its previous barriers and set a new one. The near-$20000 mark hit by the king coin was a turn that was unexpected...
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Tezos Price Analysis: Lonely Top 10 Crypto In Green – Can XTZ Overcome $1.30?

Tezos slipped by a further 10% this week but managed to find strong support at $1.30. Against Bitcoin, the cryptocurrency has rebounded after meeting support slightly beneath 0.00018 BTC. Today, XTZ is the only positive-performing cryptocurrency from the top projects.  Key Support & Resistance Levels XTZ/USD Support:  $1.29, $1.20, $1.15. Resistance: $1.42, $1.64, $1.74, $1.80.....
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BitMEX Insurance Fund Seems To Be Working As Intended: CryptoQuant

Following the BitMEX Insurance Fund’s continued growth throughout the year, data provider, CryptoQuant, took a deeper look at the derivatives specialist’s on-chain data. Insurance Fund Now Holds 0.18% Of All Bitcoin Over the past 12 months the BitMEX Insurance Fund grew to almost 33.5k BTC, representing a 62% increase from the 20.77k BTC it held...
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XRP could rise to $0.216 or drop to $0.181 by mid-January

Having maintained its value above $0.25 for most of 2019, XRP’s dip below the mark gave birth to alarm bells throughout the community, a community that had already been in a frenzy before the ~17.5% drop to $0.178 in mid-December. At the time of writing, XRP was priced at around $0.19 and realistically, could move...
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Bitcoin (BTC) $ 98,745.46 0.63%
Ethereum (ETH) $ 3,470.28 4.77%
Tether (USDT) $ 1.00 0.21%
Solana (SOL) $ 262.28 2.45%
BNB (BNB) $ 673.73 8.09%
XRP (XRP) $ 1.57 9.01%
Dogecoin (DOGE) $ 0.460797 15.04%
Cardano (ADA) $ 1.13 24.08%
USDC (USDC) $ 0.999667 0.13%
Lido Staked Ether (STETH) $ 3,466.36 4.60%