A US federal court ruled that Bitcoin is a form of “money” covered under the District of Columbia’s (D.C.) Money Transmitter Act. The conclusion is part of a criminal action involving the U.S. versus Larry Dean Harmon, who operated a Bitcoin mixing platform. U.S. Court Regards Bitcoin as Money in Charges Against Helix Operator In...Read More
The appreciation in Bitcoin’s price a few days ago had a profound effect on the value of the crypto-market’s altcoins. This was to be expected since despite many expecting an altseason in the near-term, the world’s largest cryptocurrency remains highly correlated to the rest of the market. At price time, Bitcoin’s price stood at $9510...Read More
The story of stablecoins has been extraordinary in 2020. After the collapse in March 2020, the rate at which Tether has exploded in terms of issuance and market cap has led many to believe that U.S dollar-pegged centralized digital assets will have a major say in Bitcoin‘s future. Now, when it comes to stable assets,...Read More
Coinbase Around the Block, sheds light on key issues in the crypto space. In this edition, Justin Mart explores the rapidly evolving DeFi landscape and the emergence of “yield farming”, as well as other notable news in the space. DeFi and the Yield Farming Phenomenon DeFi protocols exploded in all metrics over the last month,...Read More
Bitcoin, the world’s largest cryptocurrency, hiked by a significant degree a few days ago, a hike that came as a relief for many, especially for those who were getting concerned about the stagnancy on the price charts. Owing to its high correlation with the market’s alts, the rest of the market was quick to follow...Read More
This week, unlike many of the previous ones, was full of excitement on the entire cryptocurrency market. For once, Bitcoin woke up from its sleep and staged an impressive performance, gaining about 5% of its Dollar value. While this may not sound like a lot for a whole week of trading, it’s important to remember...Read More
Disclaimer: The article attempts to analyze the evolving pattern in the Ethereum’s long-term market and predict the price trend. The second-largest cryptocurrency, Ethereum [ETH] has been preparing for the launch of Ethereum 2.0, meanwhile, the growth of the DeFi platform has been creating a lot of interest in the ecosystem. Given the building momentum, the...Read More
Even with Bitcoin’s mid-week push above $9,500, the larger trend of stability has held strong. Prior to this push the largest cryptocurrency in the market had traded within a $500 margin for over a month, and in the last two months the range only as large as $1,000. While Bitcoin for the past two months...Read More
Disclaimer: The following article attempts to analyze the evolving trend in the long-term Binance Coin market and its impact on BNB’s price With Bitcoin going over $9,500 earlier this week, the rest of the coin market saw a substantial boost. Binance Coin, was one of the major beneficiaries of this hike, and at press time,...Read More
Bitcoin Bitcoin saw a strong 4% price rise this week, which saw it hit the $9,500 level. The cryptocurrency started the week by trading at the lower boundary of a symmetrical triangle near the $9,000 support region. From there, it rebounded higher, which allowed Bitcoin to break above the triangle and exit the previous phase...Read More
The case of Bitcoin’s adoption has been an intriguing one over the years. To a large extent, it has been all over the place in the past few years as narratives for Bitcoin kept changing with respect to its functionality. Many have started to idolize Bitcoin’s appeal as a Store-of-Value with more and more people...Read More
The Ethereum ecosystem is ready to move into the next generation with Ethereum 2.0 and according to Danny Ryan, the platform’s launch coordinator. After the Altona testnet, the developers are now ready for the launch of the official multi-client testnet Medalla on 4 August. It will mark the final steps towards Phase 0 of ETH...Read More
ESPN Global has recently developed an online gaming platform with blockchain technology. The E-Sports Programming Network’s gaming environment will allow users to compete with each other in a variety of game battles and tournaments, where they’ll be able to win money. Players Can Make Payments Via Bitcoin According to a news report, the upcoming platform will...Read More
Even though there were doubts about the Bitcoin market reacting to the global economic events, the recent COVID-19 pandemic aligned it more with the global market. However, the crypto market has remained in sync with the affairs in the crypto industry. This was witnessed on 22 July when the news about the US banks offering...Read More
Russian chess grandmaster Garry Kasparov is a supporter of blockchain, cryptocurrencies, and Bitcoin in particular. In a recent interview, he outlined some of the digital assets’ merits, including increasing personal protection and allowing people to reclaim control over their finances. Kasparov Believes Bitcoin Is Here To Help Arguably the greatest chess player of all time,...Read More
Ampleforth (AMPL) was listed on the popular cryptocurrency derivatives and spot exchange FTX yesterday. While a spot listing is something that no one would question, FTX also listed AMPL for futures trading under their Perpetual contract. This raised more than a few eyebrows, mainly because of the cryptocurrency’s underlying mechanics and its impact on spot...Read More
Disclaimer: The following price analysis is witnessing a bearish breakout that should continue over the next 24-hours. In line with the rest of the cryptocurrency industry, Bitcoin SV was able to recapture some of the bullish momentum evident in the past few days. However, the returns were nothing to be excited about as the token...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, July 24th, the XRP is declining after previous growth, trading near 0.2036 USD. On D1, XRP/USD keeps declining. The quotations have bounced off the upper border of the channel and now rest near 38.2% Fibo. The nearest aim of the decline is still 23.6% Fibo; if the...Read More
Anthony Ghosn, the son of former Nissan boss Carlos Ghosn, revealed to prosecutors that he paid about $500,000 in cryptocurrency to one of the two men who helped Carlos break free from Japan. Carlos Ghosn’s Son Transferred Half a Million in Cryptocurrency Through Coinbase According to Reuters, US prosecutors said in a court filing that...Read More
The cryptocurrency ecosystem has evolved substantially over the past ten years, with increasing regulatory clarity enabling the likes of Bitcoin to gain the trust of a wider audience. The fact that institutional investors are now backing one of the most disruptive technologies of the past decade is a testament to this evolution. However, cybercrime and...Read More
The total market capitalization has lost about 4 billion of its value in the past few hours, and the question is if this is simply a correction or a trend reversal. At the same time, the precious metal market continues to soar with record gains, particularly silver. Crypto Market Retraces By $4B Volatility returned to...Read More
[PRESS RELEASE – Please read disclaimer] BarterTrade will list DeFi Oracle Tellor ($TRB) upon launch. BarterTrade is a revolutionary modern-day digital asset trading platform established back in 2017 during the peak of the ICO boom. The platform is all set for its official launch in the third quarter of 2020 with 7 digital assets including...Read More
Ethereum co-founder, Vitalik Buterin, recently posted on the progress being made on the interoperability between the two Ethereum chains. Serenity will usher in a completely new blockchain for the platform, but there will be a transition period when both the new and the old will need to work together. Work on “the eth1 -> eth2...Read More
The cryptocurrency market noted a minor resurgence a few days ago after Bitcoin, the world’s largest cryptocurrency, broke from its stagnant price movement to post gains. The altcoin market was quick to follow, with the resurgence coming at a good time for the likes of altcoins such as Bitcoin Cash, Tezos, and STEEM. Bitcoin Cash...Read More
On 28 July, The PoS Blockchain Expo will take place. According to Investopedia, “Proof of Stake (PoS) concept states that a person can mine or validate block transactions according to how many coins he or she holds. This means that the more coins owned by a miner, the more mining power he or she has.”...Read More
