The price of bitcoin surged by $5,000 on April 2, a 23 percent jump that many believe was sparked by an article published on April Fool’s Day. Its title was “SEC drops the Bomb: Approves Bitcoin ETFs.”ETFs, a backronym for Exchange-Traded Funds, have lately caught up with the imagination of cryptocurrency investors. To them, mingling...Read More
Bitcoin has had a volatile year and the clouds are gathering for stormy end to 2019. | Source: Shutterstock Too many people focus on bitcoin’s wild highs and fluctuating daily price. A better metric to look at is the monthly low points. By tracking the lows, you see the steady accumulation of bitcoin. This is...Read More
The Bitcoin price has been on an absolute tear of the past year. Despite the cryptocurrency currently trading some 20% lower than its $14,000 year-to-date high, BTC is still up some 200-odd% since January 1st.With this move, many have been left wondering, “who the hell is behind the crypto market’s resurgence?”Related Reading: Major Online Swiss...Read More
A new Indian government report has put cryptocurrency in a positive light, viewing the mechanisms surrounding it, including initial coin offerings, as “revolutionizing the global fintech landscape.” The report also discusses the regulation of coins and tokens. Also read: Indian Exchanges Innovate as Calls for Positive Crypto Regulation Escalate Steering Committee’s Report The Indian Ministry...Read More
BitMEX has released pretty damning evidence on Twitter today that Binance has plagiarised a vast majority of its bitcoin futures documentation. Binance Caught Red Handed BitMEX highlighted the similarity between the documentation for Binance’s Bitcoin Futures platform (currently in testing), and its own, on Twitter. “Congrats on the Testnet Futures launches Binance,” read the tongue-in-cheek message....Read More
While Bitcoin price makes a comeback, XRP community investors warn Ripple overselling the XRP tokens as part of the company’s investments. After last week’s poor performance, Bitcoin is back in action swinging above $10,500 levels. Bitcoin price started gaining momentum since Monday, September 2 and added $1000 over the last 24 hours. The Bitcoin price...Read More
Huobi plans to dive into the hardware applications market introducing an affordable blockchain smartphone, Acute Angle, which will come with a built-in crypto wallet and a plethora of other crypto products. Huobi plans to dive into the hardware applications market for the first time. This announcement will take place on September 11 during the sixth...Read More
bZx Network, a decentralized margin lending protocol and liquidation oracle marketplace on the Ethereum blockchain, has announced the launch of Torque. It is a new borrowing platform with indefinite-term loans and fixed interest rates operating as both an app and a DApp. Torque works with any Web3 wallet such as Metamask, but it also works...Read More
Bitcoin proponents have reacted angrily to what they warn is a fresh attempt to make US Congress ban public cryptocurrencies. Murray: US Should Treat Miners Like Banks As financial news outlet Business Telegraph reported, on September 3, an expert witness went before lawmakers to argue miners on blockchains such as Bitcoin’s should face full banking-style...Read More
On Friday, Sept. 6, bitcoiners around the world are vowing to run in memory of the late Hal Finney. Anyone is invited and dozens of the technology’s enthusiasts have already pledged to join. Finney has long been touted as one of the first people to see the promise of bitcoin, long before it had a...Read More
This is how blockchain can change the way investors buy into real estate value, and allow for the proliferation of real estate investments. It seems that all one has to do these days to see something about blockchain technology is go online. Nearly every major news portal and tech website has had a number of...Read More
The central bank of the Netherlands is preparing to supervise the country’s crypto sector. The bank has requested crypto exchanges and wallet providers to come forward and submit some information. Once the law takes effect, these operators will be required to register with the central bank to continue operations. Also read: Crypto Can Boost Indian...Read More
One of the current negatives in the crypto industry is the tribalism and Bitcoin bickering between rival clans online. While healthy discussion on the pros and cons of virtual money should be encouraged, it often deteriorates into digital mudslinging which detracts from the real issues at hand.Schiff vs Pomp in Bitcoin BattleGoldbug Peter Schiff has...Read More
Bitcoin price extended its rally and climbed above the $10,500 and $10,650 resistances against the US Dollar.The price is currently correcting lower after trading to a new monthly high at $10,790.There is a major bullish trend line forming with support near $10,400 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price...Read More
Arguably set to become the world’s biggest Bitcoin Cash conference yet, Bitcoin Cash City kicked off today in sunny Townsville, North Queensland. The city is not only colorful, friendly, and home to some very beautiful coastline, it’s also shock-full of opportunities to use Bitcoin Cash for everyday living. As such, it’s well-suited to promoting a...Read More
Put a pin on this one. | Source: ShutterstockZ One major market index, the Russell 2000, has shown price behavior that is very worrisome. A decline of more than 1% from Tuesday’s close could be the first crack in the stock market dam that begins a wholesale stock market crash. When a major stock market...Read More
Dr. Scott Stornetta is the blockchain co-inventor quoted in the Bitcoin whitepaper written by Satoshi Nakamoto, who created the first cryptocurrency in 2009. The globally renowned scientist considers himself as the person who “has spent longer thinking about blockchain than anyone else on the planet. I have a really long-term perspective of this technology.” His...Read More
Cryptocurrency exchange Coincheck, a subsidiary of Japanese financial services firm Monex Group, partnered with marketing research company Macromill Group to launch the Coincheck Survey service that allows its users to exchange reward points for digital assets. Got points? Get crypto! According to Monex Group’s official press release published on Sept. 4, customers will be able...Read More
VanEck and SolidX are reportedly selling a “limited version” of a bitcoin ETF after every BTC ETF proposal has been rejected by the SEC. | Source: Shutterstock Primarily targeting institutional investors, VanEck and SolidX are reportedly selling a “limited version” of a bitcoin exchange-traded fund (ETF) after every bitcoin ETF proposal has been rejected by...Read More
The use of Bitcoin, the world’s largest cryptocurrency, for unlawful purposes does not seem to stop after the case of a Chinese student, Ye Jingwang, being kidnapped for ransom emerged. The kidnappers demanded a ransom of 80 BTC. With the king coin crossing the $10,000 mark, illegal activities have also surged. Just recently, a man...Read More
Tuesday, Sept. 3 — Bitcoin (BTC) continues to eye $11,000, with most altcoins registering minor gains on the day. Market visualization. Source: Coin360 Bitcoin continues to show impressive price movement after trading close to $10,300 for the better part of the day. At publishing time, the No. 1 cryptocurrency is trading at $10,718 — up 2.9% on...Read More
Argentina’s besieged Macri government has imposed new restrictions on foreign currency in a bid to shore up the Peso and stabilize the economy. The maneuver will do little to douse concerns of legacy government and institutional capacity to ably manage economies. At the same time, distrust in government, central banks, and the fractional reserve system...Read More
San Francisco-based, fiat-focused crypto exchange, OKCoin, recently announced the launch of a voting-driven initiative to donate up to 1,000 BTC to developers of Bitcoin (BTC), Bitcoin Cash (BCH), and Bitcoin Satoshi’s Vision (BSV). Voting starts today According to a press release shared with Cointelegraph on Sept. 3, OKCoin, one of the top exchanges by adjusted...Read More
FINSUM 2019 kicked off today, at the Japanese capital of Tokyo. Organized by the NIKKEI INC, and Japan’s Financial Services Agency (FSA), the 3-day event is going to be a mega ‘fintech, blockchain, crypto and the future of finance’ bonanza. Yes, you read that right! Japan’s Financial Services Agency Loves Bitcoin and Lightning Network Bitcoin...Read More
After surging past $10,000 yesterday, Bitcoin (BTC) has been able to further extend its upwards momentum and is now nearing its next key resistance level that lies within the upper-$10,000 region.Bitcoin’s recent surge has drastically altered the overall market sentiment for the better, but some analysts are expressing caution and are noting that it may...Read More
Elon Musk tweeted about new Tesla automotive insurance today. Followers came out in flocks, claiming the new insurance is so much better than other companies. | Source: Source: REUTERS/Mike Blake Elon Musk took matters into his own fingers today and pumped the new Tesla auto insurance on Twitter. The rock-star smart-guy, known for space travel...Read More
Ron Hammond took to Twitter today to confirm to the XRP community that he is the new manager of government relations for Ripple. Token Taxonomy Act On Sept. 3, Ron Hammond took to Twitter to announce that as of today, he is the new Manager of Government Relations for Ripple. Hammond was reportedly part of...Read More
Walmart is taking its toughest stance ever on gun-related sales. With the nation screaming for gun control, investors seem just fine with the ramifications. | AP Photo/Danny Johnston, File Walmart’s latest hard-line stance on gun sales and even carrying the weapons in its stores may be drawing sharp criticism but not from investors. Despite the...Read More
Tron (TRX) appears to be fading fast as the project’s Twitter engagement slumps to near all-time lows and TRX price struggles to find bullish support. Tron Fans Depart The vast community of an otherwise well-hyped Tron is depleting at an increasingly faster rate, as brought to notice by The Tie. The crypto data analysis firm...Read More
The altcoin market continues to bleed out, setting one fresh low after the next. It’s caused the overall crypto market sentiment to reach extreme fear and despair, with many worrying that the altcoins they hold may never again return to their previous all-time high prices.The post appeared first on NewsBTCRead More
