Tezos holders will be able to stake their coins on the popular cryptocurrency exchange, Kraken, starting today. As a result, XTZ price has increased with over 12% in the last 24 hours, mirroring its movements when other exchanges announced Tezos staking on their platforms. Kraken Adds Tezos Staking The large U.S.-based cryptocurrency exchange, Kraken, has...Read More
UK based crypto exchange CEX.io has now listed Cardano crypto on its exchange. After countless customer request, the exchange has opened its door to ADA coin. CEX.IO users can now deposit ADA and buy the token with a Visa or Mastercard. As of writing, users can trade ADA against the USD in the initial phase,...Read More
Tether, the fourth coin as per market cap, is going through media scrutiny. The statistics of intotheblock claims that 64% of Tether supply of 4,108,044,456 USDT is controlled by only 119 finite addresses. It seems that traders believe in Hodling USDT instead of trading them. Moreover, the transaction volume over one hundred thousand US dollars...Read More
Lately, Bitcoin has seen a continuous bear zone. As a result, traders have shifted the focus onto altcoins. Some of the top ten altcoins are seeing uptrend as of writing. However, one altcoin, Tezos has surpassed a market capitalization of its previous altcoin and climbed one step higher to enter the top ten. Moreover, the...Read More
The popular Chinese social platform, Weibo, had reportedly closed Justin Sun’s account. Tron’s Founder and CEO is one of the most influential people within the cryptocurrency community, and the closure of his account could be regarded as a continuation in China’s negative views on cryptocurrencies. Weibo Closes Sun’s Account Weibo, the famous Chinese social network,...Read More
Ethereum dropped back beneath the $150 level to create a fresh low for December at $140. The cryptocurrency trades strong against BTC as it remains above 0.02 BTC. It has dropped by a steep 22% this month as the bears keep their strong grip on momentum. Key Support & Resistance Levels ETH/USD Support: $145, $138.80,...Read More
Bitmex, one of the world’s most popular cryptocurrency exchanges, has added support for the Bech32 (native SegWit) address format. The Dec 12, 2019 announcement reads: “The key advantage of Bech32 addresses is that transaction fees will be saved when Bitcoin already sent to a Bech32 address is spent. Therefore this upgrade will not directly result...Read More
Bitcoin, just as any other asset that’s being traded, goes through different market cycles. As we approach the end of 2019, which is also the end of the current decade, some industry experts seem to believe that right now is a historic time for Bitcoin accumulation. Time To Buy Bitcoin? The current market sentiment doesn’t...Read More
The world’s largest cryptocurrency exchange by volume, Binance, is expanding its services in Latin America. By partnering with a major digital assets settlement network, Binance will launch a new platform called Latamex. It will allow direct fiat purchases of cryptocurrencies for Latin America on its website. Binance Gateway In Latin America Binance is set to...Read More
Swiss Crypto Bank, SEBA has proposed its plans to expand in 10 countries including Switzerland. After one month of a fully operational branch in Switzerland, SEBA now eyes countries like Singapore, Hong Kong, the U.K., Italy, Germany, France, Austria, Portugal, and the Netherlands. Guido Bühler, chief executive of SEBA Bank, said: “With our services, we...Read More
We are almost over half of December, but so far, the last month of the year is very disappointing the Bitcoin traders. Despite the bearish signs that Bitcoin is showing, the trading action is dull, followed by a relatively low amount of trading volume. Things are progressing very slowly. In matters of the price, yes,...Read More
The US subsidiary of the Malta exchange Binance is all set to expand and add support to 18 new tokens. The Binance.US team has added 25 tokens till now since its inception. And new tokens are to be added. Among the tokens listed on the platform are Bitcoin (BTC), Ethereum (ETH), XRP, Litecoin (LTC), Bitcoin...Read More
Twitter CEO is on a mission to decentralize the web. In a series of tweets on Wednesday, Jack Dorsey put forth his view of revolutionizing social media, starting with Twitter itself. Twitter is funding a small independent team of up to five open source architects, engineers, and designers to develop an open and decentralized standard...Read More
One of the most popular Bitcoin margin trading exchanges, BitMEX, and its founder, Arthur Hayes, are being sued as per a recent report. The case is for $300 million, and it has been brought up by an early investor, who says he has been stiffed by the company. Law Case Against BitMEX For $300 Million...Read More
According to a popular monitoring resource, the number of new addresses on Ethereum’s blockchain shares a very similar pattern with the ETH price most of the time. Lately, however, the price is taking the lead. Correlation: ETH Price And New Ethereum Addresses The popular cryptocurrency monitoring resource TokenAnalyst has presented interesting findings regarding the number...Read More
66% of the entire hashrate of Bitcoin’s network pertains to miners in China, per a recent report. Chinese-controlled hashrate, at the time of this writing, is at its highest point in the past two years according to a popular monitoring resource. China Controls 66% Of Bitcoin’s Hashrate According to a recent report from Reuters, China...Read More
Tezos surged by another 20% this week, allowing it to rise to the $1.56 level. The cryptocurrency now faces very strong resistance at the 0.0002 BTC level. Tezos is now the 11th largest cryptocurrency with a market cap upwards of $1 billion. Key Support & Resistance Levels XTZ/USD Support: $1.23, $1.17, $1.12, $1.00. Resistance: $1.34,...Read More
Co-founder & Partner at Morgan Creek Digital, Anthony Pompliano is a Bitcoin Proponent and has a strong faith in BTC. As per his latest tweet, Pomp claims that “Bitcoin is a pension that actually works.” Interestingly, Pomp had urged pension funds to buy bitcoin this same time last year. He had submitted to the post...Read More
Roger Ver, one of the earliest cryptocurrency advocates and proponent of Bitcoin Cash, has interviewed now-arrested Joby Weeks. The latter has been involved in an alleged cryptocurrency mining scam called BitClub and is now charged with conspiracy to commit wire fraud. Roger Ver Interviewing Jobadiah Weeks in June Roger Ver, one Bitcoin Cash’s most exclusive...Read More
Most of the cryptocurrency market has been trading in the red over the last 24 hours. However, altcoins are seemingly making a slight recovery when looking at the bigger picture, as Bitcoin’s dominance loses 1%. Bitcoin’s price has been ranging between $7,400 and &7,600 in the last few days, but yesterday it marked a slow...Read More
The Bitcoin Bull, John McAfee got into a candid chat with videographer friend Robert King discussing Bitcoin. In the chat, John put forth his point of view on how Bitcoin is the new world currency. As per his statement, Fiat currency or Gold/Silver has no backing whereas Bitcoin is backed with a Proof-of-Work. He also...Read More
Mark Cuban has made a fortune by investing in innovative technologies, but this doesn’t mean he loves everything new that comes along. Case in point is cryptocurrency as the billionaire has made his disdain of virtual currencies clear. In an interview with Forbes, he said there is “no chance” that Bitcoin will ever be used...Read More
Our previous price analysis had identified a tight range in which Bitcoin is trading inside. Over the past hours, this range is seemingly cracking down, to the downside. For the past five days, Bitcoin was trading between $7300 to $7600. Despite a fake-out that reached the mentioned resistance area of $7700, Bitcoin was trading inside...Read More
Swiss Startup Amun has got clearance to offer its products to retail clients in Europe. Swedish Financial Supervisory Authority (SFSA) granted permission to the firm this Tuesday, Dec 10, 2019. “[The approval] gives us wide access to sell directly and market directly to basically all retail in Europe,” Amun CEO Hany Rashwan said. Furthermore, with...Read More
Big four multinational professional services company, Deloitte, has conducted a 2019 survey regarding what executives from big organizations think of blockchain. The data shows that interest in blockchain-based technology is generally increasing. 83% Of Executives Believe In Blockchain Deloitte published its annual survey showing what executives think about blockchain and its potential. It was conducted...Read More
Coinbase backed MATIC token, one of the popular IEO on the Binance Launchpad, faced an excruciating 24 hrs. The token has plunged 70% following an inaccurate claim from Samuel JJ Gosling, founder of a cryptocurrency evaluation platform, Validity. Samuel in his tweet claimed that Matic Network has transferred 1,495,322,715 $MATIC (15% of the supply) in...Read More
A U.K. based blockchain firm Saga is launching an alternative token to Facebook’s digital currency proposal Libra. Saga’s advisory board includes Nobel Prize-winner Myron Scholes. The firm hopes to build a global currency that complies with all crypto regulations. However, the firm doesn’t plan to launch its token in the U.S. yet. It claims SGA...Read More
One of the more popular projects that had their Initial Exchange Offering (IEO) on Binance Launchpad, MATIC, went through a sudden overnight drop. The token lost upwards of 70% of its value in a violent red candle. Rumors started to circle around the community that the CEO of the project is behind it, but Changpeng...Read More
The U.S. partner of the Huobi Global exchange has decided to shut down its operations after just 18 months. Huobi announced the plans in a tweet titled “HBUS Cease to Operate”: “We regret to inform you that HBUS will need to cease operations so that it can return in a more integrated and impactful fashion...Read More
Good news came from Eastern Europe as the legislative arm of Ukraine, the Verkhovna Rada, has adopted an amended draft law that seeks to introduce cryptocurrencies as a legal means of payment and investment within the country, according to a Monday report. This development is an effort to work in accordance with the Financial Action...Read More
