Bitcoin and Altcoins Could Stage Short Term Recovery
12.7.2019
Recently, there was a significant drop in bitcoin price below the USD 12,500 and USD 12,000 support levels. BTC/USD traded close to the USD 11,000 support level and later started consolidating losses. It is currently (06:30 UTC) correcting higher, but it might face hurdles near USD 11,650 and...
In conversation with Vaibhav Kadikar, Founder and CEO of CloseCross
12.7.2019
Vaibhav Kadikar is the Founder and CEO of CloseCross, a decentralized prediction market platform that leverages patented blockchain technology to allow users to engage in multi-party trades on a range of financial benchmarks. Vaibhav has been leading the development of a decentralized prediction...
Federal Reserve Chairman Jerome Powell Has Compared BTC To Gold
12.7.2019
There is no doubt Bitcoin has gained popularity in the masses but the recent statement from Jerome Powell, Chairman of the Federal Reserve, has left the Bitcoin community thoroughly pleased. Powell has stated that Bitcoin is largely being utilized as a trusted alternative to the popular metal Gold....
YouNow Secures A+ Regulatory Approval For Their Crypto Token From SEC
12.7.2019
The highest regulatory authority of the US has approved the distribution of cryptocurrency and props of the YouNow platform. The platform is known for social live streaming if videos in the US. The platform can now use A+ crowdfunding exemptions as per the regulation of SEC. The report surfaced...
Donald Trump Not A Fan Of Bitcoin; Is This The Reason For Bitcoin Price To Descend?
12.7.2019
Just when the crypto community and Bitcoin lovers thought that this would be a lingering Bull Run, Bitcoin started falling again. It is since yesterday i.e. 11th July that the price trend lost its surging momentum. While the community and the investors were gawking with high hopes about the price...
Hackers Steal USD 32M in Crypto from BITpoint Japan
12.7.2019
Source: iStock/Ali Kerem Yücel
On July 11, hackers stole JPY 3.5 billion (USD 32 million) from the Japanese cryptocurrency exchange BITpoint, its parent company Remixpoint confirmed today, adding that victims of the hack will be compensated.
The exchange stopped all its services earlier today...
Japanese Exchange Bitpoint Hacked by $32 Million Worth in Cryptocurrencies
12.7.2019
Bitpoint, a licensed cryptocurrency exchange based in Japan, has been hacked with $32 million worth in crypto assets stolen from the platform
Binance: 10K Margin Traders Borrow USD 15M; BNB Jumps on Burn News
12.7.2019
More than 10,000 people signed up on “yesterday alone” for the Binance’s new margin trading account, which makes up more than USD 15 million borrowed for margin trading, CEO of Binance Changpeng Zhao said during a livestream today. The company has also announced a major Binance coin (BNB) burn...
Bitcoin Unaffected as Markets Shrug Off Trump’s Critical Tweets
12.7.2019
On thursday evening, the US president stated in a tweet that unregulated crypto assets possess the ability to facilitate unlawful behavior, so far the markets have been slower to react
S Korean Blockchain Sandbox ‘Leaving Crypto Companies in Limbo’
12.7.2019
Companies hoping to use South Korea’s regulatory sandbox to pioneer blockchain-powered overseas remittance operations have been left treading water – with ministers still undecided as to whether they will grant operating permits seven months after beginning deliberations.
Per media outlet Next...
Trump Takes Aim at Bitcoin, But Crypto Community Says ‘Thanks’
12.7.2019
Source: Twitter, @WhiteHouse
American President Donald Trump has lashed out at cryptocurrencies – taking aim at Bitcoin and Facebook’s Libra project in particular, and insisting that the social network and other token issuers must “face global regulations” if they intend on “becoming banks.”
In...
US President Donald Trump Says He’s ‘Not a Fan’ of Bitcoin
12.7.2019
US President Donald Trump tweeted about bitcoin and Facebook's Libra on Thursday. He's not a fan