Blockchain security and scalability are fundamental aspects of an asset’s decentralized network. Major digital currencies, including the likes of Bitcoin and Ethereum, received criticism largely because of their scalability issues. Bitcoin has a 2nd layer protocol or the lightning network to address their scalability concerns at the moment and Ethereum is moving toward Proof-of-Stake algorithm...Read More
The altcoin market has been bleeding out for what feels like forever now. The selloff has picked up in severity in recent weeks, but first started back at the start of 2018 when the crypto bear market first began, and Bitcoin price crashed, bringing down the rest of the market with it.But throughout much of...Read More
Bitcoin price may be under $10,000 for days now, but bears have still yet to push the price per BTC to new local lows and breakthrough support in the mid to low $9,000 range.The post appeared first on NewsBTCRead More
Although the finance sector continues to find a common ground between the leading assets gold and Bitcoin, gold-backed cryptocurrencies are promising to bridge this divide. In this light, Crypto Research Report identified stablecoins as the latest competition for gold, and stated, “All of the gold-backed stablecoins on the market are centralized, which means they have...Read More
Cryptocurrency exchange Binance has acquired China-based Jaxx spot and derivates platform Jaxx for an undisclosed amount. Binance Continues to Grow The Malta firm announced today that JEX is rebranding to Binance JEX, adding that the acquisition would grant them the rights to manage JEX tokens, the native cryptocurrency of the JEX platform. Excerpts: In a...Read More
Crypto exchange platform operator Bitfinex just added two derivative products with the tickers BTCF0/USDt0 and ETHF0/USDt0. The derivatives went live after Bitfinex implemented a system upgrade. The “Perpetual Contracts” Come with Up to 100x Leverage Bitfinex’s so-called perpetual contracts have been in development since at least several months. According to a whitepaper published in May,...Read More
Venezuela’s government has accused Colombia of backing a violent anti-Maduro plot as the country with the world’s largest oil reserves hits record bitcoin trading volumes. | Source: REUTERS/Manaure Quintero/File Photo The number of Bolivars exchanged for Bitcoin in Venezuela has surged to yet another record high as economic and political woes of the Latin American...Read More
The Financial Integrity Network (FIN) — a Washington D.C.-based advisory firm — has urged the United States Congress to regulate firms in the cryptocurrency sector under the Bank Secrecy Act (BSA). Virtual asset service providers should be regulated under BSA In a copy of FIN testimony published ahead of a hearing on Sept. 3, FIN...Read More
PayPal’s community page is full of grievances about how the payment giant is ripping its clients off with incorrect exchange rates. One of the users believes the US company is probably making $100,000 every day by selling one fiat currency for another at about 3-4 percent higher prices. Like always, PayPal has no explanation to...Read More
An Australian national living in Boulder, Colorado was slammed with a one year and a day prison sentence last month for trading bitcoins. An August 23 statement from the Colorado U.S. District Attorney’s Office states that Emilio Testa, 32, was charged with money laundering, and claims Testa knew the funds he was acquiring had been...Read More
Xbox is holding tattooing events across the world in the lead up to Gears 5’s release next week, and it all feels like a mistake in the making. | Source: (i) Christian Petersen / Getty Images / AFP (ii) Shutterstock; Edited by CCN There are marketing events to promote the launch of a game and...Read More
‘No news is good news’, or so they say. But the continued lack of communication from BitMEX, or its illustrious commander-in-chief, Arthur Hayes, may be cause for concern. Especially considering the things that we do know are happening with the company, and Hayes’ previous level of social media interaction. Have You Seen this Bitmex CEO?...Read More
The blockchain industry in South Korea is reportedly facing a difficult period reports local media platform The Block Post. While the struggles of cryptocurrency exchanges in the country isn’t exactly news, it appears that other crypto-businesses are also experiencing similar problems sparking fears of a slowdown in South Korea’s digital economy advancement. ICO Projects Going...Read More
The Bitcoin (BTC) price has rallied over the past few days and has again crossed the $10,000 threshold. Bitcoin 7-day chart. Source: Coin360 On Aug. 28, Bitcoin dropped $600 in the course of a half-hour, sinking below the $10,000 mark before slumping to a weekly low of $9,362 on Aug. 29. The price has slowly...Read More
5. Potentially, but there are hurdles that stand in the way. Earlier this year, Facebook unveiled plans for Libra — a stablecoin that would be pegged to a basket of assets — including major fiat currencies such as the U.S. dollar, yen, euro and pound. The social network has the vision of enabling its billions of users...Read More
The crypto markets are continuing to trade sideways, but the outlook appears to be gradually improving. Bitcoin gained more than 2% over the weekend, while altcoins show a diverse landscape of gains and losses. Cryptocurrency market dynamics since August 30. Source: Coin360 Bitcoin’s rise has largely coincided with a story by the Wall Street Journal,...Read More
Bitcoin has been trending below $10,000 for quite a while now and most of Twitter is stressing that this will be the last time anyone will be able to buy Bitcoin at these levels. Be that as it may, Bitcoin touched $9,400 more than four times in the last 2 months or so. At press...Read More
With all the speculators projecting Bitcoin as a messiah against the mounting global market risks, it’s rival Ethereum is feeling neglected horribly.The second-largest blockchain project by market capitalization is up 31.77 percent on a year-to-date basis but appears dwarfed before Bitcoin, whose valuation within the same period has surged by more than 160 percent.Analysts believe...Read More
Bitcoin posted modest gains in its September debut as the US introduced additional tariffs of 15 percent on $112 billion of Chinese goods.Bitcoin trending higher gradually | Image Credits: TradingView.comThe benchmark cryptocurrency added 0.20 percent to trade at $9,800 in early Monday morning, bringing its local net rebound up by as much as 5.8 percent –...Read More
Cryptocurrency exchange Binance is planning to pay users to decide how its new Bitcoin futures trading platform should operate. Binance: Two Platforms, 100,000 BNB In a blog post issued on September 2, the exchange said it had created two standalone versions of a futures trading platform, and would select the final option via a user...Read More
Despite the drawdown in the price of Bitcoin (BTC) — which some analysts say would result in a change of tides for altcoins — BTC dominance continues to tick higher. As of the time of writing this, the key market metric is approaching 70% for the first time in years, implying that once again, almost...Read More
Max Keiser bets on Bitcoin’s sharply rising hashrate and the Game Theory to back his predictions. He says hashrate, and not the Bitcoin price, is the true indicator of the crypto’s inherent strength. The last month of August 2019 ended almost on a flat note for Bitcoin as the cryptocurrency consolidated around $10,000 levels. In...Read More
You can’t really discuss the topic of cryptocurrency mining without getting into issues surrounding the concept of centralization. One of the greatest aspirations of cryptocurrency communities is to decentralize the monetary system and create “trustless” transactions. While Bitcoin made a lot of headway towards a trustless currency, there are still concerns. The concentration of power...Read More
On September 3rd, 2019, the Maya Coin (MAYA) and Fantasy Sports (DFS) ERC20 tokens will be listed on the European Union licensed P2pb2b.io exchange. The tokens will be offered in BTC and ETH trading pairs at starting prices of $0.75 and $0.05 respectively. Both Maya Coin and Fantasy Sports are owned by UK Financial Ltd.,...Read More
The Bakkt launch is one of the most anticipated and talked about in the sector currently. We take a look at whether or not this means anything for Bitcoin at all. It’s less than a month until Bakkt officially launches its Bakkt Warehouse. From Friday, the 6th of September, interested users will have access to...Read More
Contrary to his previous statement that he would obey the court ruling, the new filing suggests the controversial Bitcoin investor is gearing up to challenge the court’s decision. Craig Wright who once claimed to be long-sought Bitcoin founder Satoshi Nakamoto is taking the necessary steps to challenge a ruling ordering him to hand over 50%...Read More
We’ve just launched our premier trading platform exchange.Bitcoin.com and registered users can access it right now. Since we announced pre-registration last month, over 10,000 accounts have signed up with our exchange and the platform is ready to provide a world-class trading experience for crypto newcomers and veterans alike. Also Read: Check Out the New Featured...Read More
Craig Wright asked for 14-days deadline extension on the ruling judge Bruce Reinhart gave by ordering Wright to surrender more than $4 billion worth of cryptocurrency in favor of Kleiman’s estate. Right after last week, we thought (better say hoped) that “Craig Wright is (not) Satoshi Nakamoto” saga is over – he (again) proved us...Read More
North Korea’s state press has hit back at a UN report accusing Kim Jong Un’s regime of stealing billions from banks and crypto exchanges to fund its nuclear program. | Source: Shutterstock By CCN Markets: North Korea (DPRK) is sniffing out angry flames after getting accused of siphoning $2 billion from banks and bitcoin exchanges....Read More
Crypto traders and investors in Thailand woke up to an unpleasant surprise this morning as the Kingdom’s leading digital asset exchange announced that it was closing down. Limited Options For Thai Crypto Traders In an official announcement today, Thai SEC regulated BX crypto exchange stated that it would be discontinuing digital asset trading services at...Read More
