Day: December 20, 2019

Beware: Hidden Bear Divergence Could Spell Trouble for Bitcoin

Beware: Hidden Bear Divergence Could Spell Trouble for Bitcoin

Bitcoin’s buyers have been ardently defending the cryptocurrency’s newfound position within the $7,000 region, as it appears that selling pressure has ...
XRP Not Likely a Challenge to Bitcoin, Despite Ripple’s $10 Billion Valuation

XRP Not Likely a Challenge to Bitcoin, Despite Ripple’s $10 Billion Valuation

Blockchain start-up and XRP proponent Ripple says it’s raised a $200 million investment round, lifting its valuation to $10 billion. Despite this move ...
Bitcoin Price is Poised to Return to $6,500 Lows; Analysts Explain Why

Bitcoin Price is Poised to Return to $6,500 Lows; Analysts Explain Why

This week has been quite a tumultuous one for the Bitcoin market. As of the time of writing this, the cryptocurrency is effectively flat on the week, ...
Japan’s Top Credit Card Issuer JCB to Apply DLT in Its $10T B2B Market

Japan’s Top Credit Card Issuer JCB to Apply DLT in Its $10T B2B Market

Japan’s biggest credit card issuer JCB partnered with California-based commercial payments platform Paystand for a new B2B product. Japan’s to ...
Bitcoin at $250k? Analysts Weigh in on Draper’s “Bizarro” Call

Bitcoin at $250k? Analysts Weigh in on Draper’s “Bizarro” Call

Two market analysts have said Tim Draper’s bold Bitcoin price prediction might not be as far fetched as it seems. The billionaire venture capitalist s ...
Chinese Regulators Question 8 Crypto Companies in Shenzhen

Chinese Regulators Question 8 Crypto Companies in Shenzhen

Authorities in Shenzhen have started pressuring crypto businesses operating in China’s tech capital. Eight companies, two suspected operators of ...
Hawaiian Woman Invests 401K Into Crypto Mining Ponzi Scheme, Hit With Restraining Order

Hawaiian Woman Invests 401K Into Crypto Mining Ponzi Scheme, Hit With Restraining Order

A woman based in the United States island-state of Hawaii has lost nearly half of her entire life savings, in a crypto mining-related Ponzi scheme. ...
Russia Is Unhappy About Greece Extraditing Alleged Money Launderer Vinnik to France

Russia Is Unhappy About Greece Extraditing Alleged Money Launderer Vinnik to France

Alexander Vinnik, the alleged former operator of now-defunct crypto exchange BTC-e, will be extradited to France, according to a new decision from Gre ...
8 Congress Reps Send Letter to IRS Urging Further Crypto Tax Clarity

8 Congress Reps Send Letter to IRS Urging Further Crypto Tax Clarity

Eight U.S. Congressmembers appealed to the IRS, urging the agency to provide additional clarity concerning crypto tax laws. Eight members of the Uni ...
Bitfinex Longs Dominate Shorts, But Is This Bullish or Bearish For Bitcoin?

Bitfinex Longs Dominate Shorts, But Is This Bullish or Bearish For Bitcoin?

The cryptocurrency exchange known as Bitfinex is often the playground chosen for many whale traders, who take up large positions in Bitcoin and other ...
Any Chance Of Ethereum Outperforming BTC Dies With A Break of Current Levels

Any Chance Of Ethereum Outperforming BTC Dies With A Break of Current Levels

Bitcoin may be facing new local lows and fighting to stay within a bullish long-term trend, altcoins like Ethereum and Ripple have fallen into the neg ...
Bitcoin Can Take 50% of Gold’s Market Share, Hit $250,000 — CNBC

Bitcoin Can Take 50% of Gold’s Market Share, Hit $250,000 — CNBC

Bitcoin (BTC) gained fresh rare support from mainstream media on Dec. 20 after CNBC entertained the idea of a $250,000 in the coming years.  In a ...
New Draft Bill Aiming to Classify Crypto Assets Introduced in US Congress

New Draft Bill Aiming to Classify Crypto Assets Introduced in US Congress

U.S. Congressman introduces bill which aims to bring regulatory clarity to cryptocurrency industry. Paul Gosar, an Arizona Congressman, has introduc ...
The Many Facts Pointing to Ian Grigg Being Satoshi

The Many Facts Pointing to Ian Grigg Being Satoshi

Financial cryptographer. Cypherpunk. Inventor of Ricardian contracts and early utilizer of triple-entry accounting systems, which would later be exemp ...
Bitcoin Price: Bear Market Isn’t Over Yet, But $7.6K May Change This

Bitcoin Price: Bear Market Isn’t Over Yet, But $7.6K May Change This

Fresh off the strong bounce on Wednesday, Bitcoin price is trying to hold on to $7,200 support and stage a move up to the next key level of resistan ...
Bitcoin Bulls Defends 4-Year Trendline For 16th Time

Bitcoin Bulls Defends 4-Year Trendline For 16th Time

This week, just as bullish crypto investors and traders began to lose hope that Bitcoin could prevent a fall further to new lowers, a powerful reversa ...
Bitfinex Now Enables Users to Purchase Crypto With Credit and Debit Card

Bitfinex Now Enables Users to Purchase Crypto With Credit and Debit Card

Hong Kong-headquartered cryptocurrency exchange Bitfinex now enables its users to purchase cryptocurrencies with both credit and debit cards. The exch ...
Bitcoin Exchange Outflow Spikes to $606M in 1 Day: Is Accumulation Starting?

Bitcoin Exchange Outflow Spikes to $606M in 1 Day: Is Accumulation Starting?

On December 17, when the bitcoin price fell to as low as $6,500 across major crypto exchanges, the outflow of BTC from exchanges spiked to $606 millio ...
Cardano’s (ADA) Testnet Success Shows How Decentralization Should Work

Cardano’s (ADA) Testnet Success Shows How Decentralization Should Work

Charles Hoskinson tweeted yesterday to update the Cardano community on progress with the Shelley incentivized testnet. It comes as welcome news, barin ...
At 8,990,000% Gains, Bitcoin Dwarfs All Other Investments This Decade

At 8,990,000% Gains, Bitcoin Dwarfs All Other Investments This Decade

While critics highlight volatility and price declines, BTC investors have in fact only lost money on 11% of the days the cryptocurrency has existed. ...
BCH Is An A-Class Crypto for Auditability

BCH Is An A-Class Crypto for Auditability

Crypto research group Coin Metrics recently released issue 30 of its “State of the Network” series, which ranks crypto assets by auditabil ...
Ripple Raises $200M, Calls 2019 Its Strongest Year of Growth

Ripple Raises $200M, Calls 2019 Its Strongest Year of Growth

Ripple, the blockchain payments firm behind XRP, the third biggest altcoin by market cap, has raised $200 million in a new funding round. Led by close ...
Fortress Investment Group Renews Bid to Buy Mt. Gox Creditors’ Claims

Fortress Investment Group Renews Bid to Buy Mt. Gox Creditors’ Claims

Private equity and hedge fund manager Fortress Investment Group is redoubling its efforts to buy up Bitcoin claims from Mt. Gox creditors. In the co ...
Alleged Hacker Extradited to Face US Charges Over Corporate Extortion Racket

Alleged Hacker Extradited to Face US Charges Over Corporate Extortion Racket

A United Kingdom national, and alleged member of “The Dark Overlord” hacking collective, has been extradited to the United States to face charges. Acc ...
SBI Partners With Stock Exchange Boerse Stuttgart to Drive Crypto Adoption

SBI Partners With Stock Exchange Boerse Stuttgart to Drive Crypto Adoption

SBI will invest an undisclosed amount in Boerse Stuttgart Digital Exchange and Boerse Stuttgart Digital Ventures to drive crypto adoption. Japanese ...
Blockchain.com Launches Pound Sterling Payments Gateway for Brexit-Bound Brits

Blockchain.com Launches Pound Sterling Payments Gateway for Brexit-Bound Brits

United Kingdom-based cryptocurrency data and wallet provider Blockchain.com has added a British pound gateway to its crypto exchange, The Pit. On Dec. ...
Is Security of Crypto Exchanges Far From Being Infallible?

Is Security of Crypto Exchanges Far From Being Infallible?

Cryptocurrency exchanges have improved their security, though they’re still prone to hacking attacks. How can exchange operators handle such threats ...
You Can Earn Lead Tokens by Becoming a Crypto Community Champion

You Can Earn Lead Tokens by Becoming a Crypto Community Champion

Becoming a cryptocurrency community leader is a good way to bring about the future you want to see in the world by taking real action today. Now you c ...
Major Asian Shipping Terminal Joins IBM and Maersk’s Blockchain Platform

Major Asian Shipping Terminal Joins IBM and Maersk’s Blockchain Platform

A major Vietnamese shipping terminal has become the latest entity to join IBM and Maersk’s TradeLens blockchain platform. Cái Mép Inte ...
KuCoin’s KuMEX Futures Platform Now Offers up to 100X Leverage

KuCoin’s KuMEX Futures Platform Now Offers up to 100X Leverage

KuCoin, one of the leading cryptocurrency exchange and trading platform has announced an improvement to its Bitcoin Perpetual Contract by increasing t ...