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Why Should I Trade Bitcoin?


Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com journalists. Why Should I Trade Bitcoin? Over the last couple of years, trading Bitcoin and Bitcoin CFDs has become incredibly popular. This is because of the lucrative benefits that doing so can award those...

Cryptopia's Crypto is 'Property' and Owned by Account Holders - Judge


Source: Adobe/Studio_East The judge in the case of the troubled, New Zealand-based crypto exchange Cryptopia has found that the account holders, not the exchange, own the cryptoassets. As a short reminder, Cryptopia, founded in 2014, suffered a devastating hack in January 2019, when reportedly some...

Some Bitcoin OTC Brokers Left Clients On Their Own Amid Turbulence


Trading in the over-the-counter (OTC) market for cryptoassets may not be as easy as it seems these days, a new report suggests, claiming that some market makers simply left traders to themselves when they were needed the most. According to the report, published by London-based cryptoasset liquidity...

‘Dismayed’ Blockchain Startups Excluded from S Korean Tax Support Plan


South Korean blockchain companies say they are “deeply disappointed” by the news that they will be excluded from a support program for small- and medium-sized enterprises (SMEs) in the worst-hit parts of the nation, helping them deal with the financial aftermath of the coronavirus pandemic. Per...

Bitcoin And Altcoins Holding Key Uptrend Supports


After a strong rally, bitcoin price faced hurdles near the USD 7,550 resistance. As a result, there was a downside correction below USD 7,400, but the price remained well bid above USD 7,000. It is currently (08:30 UTC) rising and trading above key uptrend supports such as USD 7,120 and...

Mining Bitcoin Just Became More Difficult by Almost 6%


While, two weeks ago, it was estimated that Bitcoin (BTC) mining difficulty might drop by 16%, it just went up 5.77 % today, as more miners turned their machines on in the past two weeks. The mining difficulty (used as a measure for how hard it is to compete for mining rewards) now stands at 14.7...

Ray Dalio Trashes Cash as Store of Value, Avoids Questions on Bitcoin


Ray Dalio: A video screenshot, Youtube/Financial Observer Members of the crypto community who have long had a dream of asking a billionaire about investments and economics finally got their chance on Tuesday as Ray Dalio, Co-Chief Investment Officer and Co-Chairman of major investment firm...

Nestlé, Tesla Testing Blockchain Solutions + More News


Tesla Cybertruck. Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Blockchain news Nestlé has expanded the use of the IBM Food Trust blockchain technology platform to its Zoégas...

Uncertainty Looms in Markets as Investors Question This Rally


Despite a significant rally in the price of both bitcoin and other major cryptoassets since the market crash on March 12, uncertainty still looms in both the crypto market and the broader financial market about the impact of COVID-19 and the economic downturn that comes with it. Although the...

Paxful Launches Bitcoin/Gold Trading to Meet 'Surprisingly High' Demand


Peer-to-peer (P2P) crypto marketplace Paxful now offers gold buying and selling options on its platform, supporting trade between gold and bitcoin (BTC). Paxful said that there's a customer demand which they decided to satisfy, as they claim to be the first bitcoin-backed P2P marketplace...

Bitcoin Cash Miners Changing Camps Ahead of Its First Halving Tomorrow


Source: Adobe/Song_about_summer The fifth-largest crypto network by market capitalization, Bitcoin Cash (BCH), is halving its mining rewards tomorrow for the first time while the network is seeing a drop in hashrate ahead of the event. The halving will likely lead some BCH miners to switch over...

Ethereum Leaves Bitcoin in the Dust This Week as Whales Accumulate


Ethereum (ETH), the second most valuable digital asset by market capitalization, has seen a wave of buying over the past 24 hours and past seven days, leaving bitcoin (BTC) in the dust behind it. As of press time on Tuesday (11:55 UTC), ethereum was up by more than 13% over the past 24 hours...

Politician Challenges Japanese Gov’t on Crypto Tax Rate, Urges Review


Shun Otokita. Sourse: a screenshot, Instagram/otokitashun A Japanese lawmaker has challenged the government on its crypto tax rate policy, claiming that the current rate of taxation on crypto-related profits is “too high” – claiming that “investors are moving their money overseas” rather than...

Illegal ‘Crypto Exchange’ Operator Arrested in Nth Room Investigation


South Korean police investigating the Telegram Nth room sex exploitation and rape video case have arrested a man on suspicion of handling criminal funds – and believe he took cryptocurrencies from chief suspect Cho Joo-bin in exchange for cash. Per YTN, the man has only been identified by...

No More Relief for Bitcoin Miners - Mining Difficulty to Increase Again


The previously expected even bigger relief for the Bitcoin (BTC) miners is not coming. Instead, starting tomorrow, Bitcoin mining difficulty, used as a measure for how hard it is to compete for mining rewards, is set to increase as more miners turned their machines on in the past two weeks....

Bitcoin And Altcoins Look Poised For Continued Gains


In the past few sessions, there was a sharp rise in bitcoin price above the USD 7,000 resistance area. BTC/USD surpassed the USD 7,250 resistance area and it is now (08:30 UTC) trading in an uptrend. The next hurdles on the upside are near USD 7,550, USD 7,650 and USD 7,800. Also, almost all major...

Secrets Of Successful Trading For Beginners


Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com journalists. How to become a successful trader? What is the difference between a successful trader and a loser? To begin with, very often on the network, you can meet the blogs of traders, which contain...

Crypto Listing & Delisting Announcements: Week 14


Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know...

Class Action Lawsuits Lodged against Binance, BitMex, Tron and More


An American law firm has filed a series of ambitious class action lawsuits against some of the biggest crypto exchanges and token issuers in the world, accusing them of selling unlicensed securities without brokerage or dealer licensing certification and market manipulation. In a press release...

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