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Young Robinhooders Might Be a Driving Force for Bitcoin Market


While bitcoin (BTC) is struggling to brake that psychologically relevant barrier of USD 10,000, it might be the "bored millennials" turning to platforms like stock trading app Robinhood who might propel the next rally. Since April 2020, bitcoin hasn't moved outside the USD 8,000-USD...

Bitcoin Car-driving Crypto Fan Beats NASCAR Champ in e-Sports Showdown


A Bitcoin (BTC) aficionado has pulled off a famous cryptocurrency-related e-sports first – by beating a pro-NASCAR driver in a racing game. Bryan Cook, who goes by the name of Boris on Twitter, won his virtual NASCAR race in a car emblazoned with Bitcoin logos, beating pro driver Kyle Busch,...

China Worries Driving South Korean Central Bank to CBDC Research


The South Korean central bank is launching a second central bank digital currency (CBDC) team – a year after disbanding its first group of CBDC researchers. The central Bank of Korea (BOK) announced its intentions to launch the new unit, which it says will conduct CBDC-related research, in what...

Lack of Regulations Driving Crypto Firms to the Verge of Ruin - Report


Source: iStock/StockSeller_ukr A new report claims that more South Korean cryptocurrency and blockchain technology companies could fold soon following a closure announcement earlier this week from much-vaunted wallet service BitBerry. As previously reported, BitBerry operator and Dunamu subsidiary...

Dash Up 70% in Two Days – What’s Driving the Rally?


As nearly all coins in the crypto market surge, the privacy-focused cryptocurrency dash (DASH) stands out as one of the biggest winners, recording a gain of about 70% over the past two days alone. In fact, large gains in the price of dash started to occur already in early January when the price...

Plustoken Cash-Outs Could Be Behind BTC Price Drop, Says Report


On Monday, the blockchain surveillance company Chainalysis published an excerpt from the firm’s upcoming crime report that will publish in January. According to the Chainalysis research, the Ponzi scheme called Plustoken not only defrauded investors out of $3 billion but the scam “may...

In 2019, Cryptocurrency Exchanges Diversified


With exchanges controlling so much of the industry inflows, and accounting for more than 40% of the jobs, any review of the year has to start and end there. An analysis of the dominant trends driving trading platforms serves as a proxy for measuring the cryptosphere’s overall health. From...

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