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Litecoin Sees Slight Retracement After Completing Bullish Wave
11.2.2020
Source: iStock/Ja'Crispy
After seeing stellar performance in both BTC and USD terms since the beginning of the year, litecoin (LTC) is now experiencing a pullback that brought the price down to its 10-day moving average.
As of pixel time on Tuesday (12:25 UTC), litecoin trades at c. USD 74 and...
JPMorgan Might Merge Quorum With ConsenSys - Report
11.2.2020
Within the next six months, U.S.-based investment banking giant JPMorgan Chase is likely to announce that its blockchain unit Quorum is merging with major bockchain company ConsenSys, Reuters reported, citing people familiar with the plans.
Both companies are already in talks over this potential...
This is How "Bitcoin Only" Narrative Might Help Altcoins in 2020
11.2.2020
A "healthier distribution" of the market is upon us, as a result of an eventual decline in Bitcoin (BTC) dominance and an altcoin bull run, estimated token data and rating agency TokenInsight.
The agency published their 2019 cryptocurrency annual report, writing that the 2020 crypto market as...
Poloniex Deletes Trading History After Trades ‘Executed Erroneously’
11.2.2020
Seychelles-registered crypto exchange Poloniex has rolled back 12 minutes of trading history after a bug detected in the system caused trades to be “executed erroneously,” the company announced late Wednesday.
According to a series of tweets posted by the exchange’s customer support department,...
Huobi Token Leads Top 20 as Exchange Joins LG on Klaytn Council
11.2.2020
Huobi token (HT), the native token of major crypto exchange Huobi, is the best performing top 20 coin today after the company announced it joined the governance council of Klaytn (KLAY) on Monday.
At pixel time (09:41 UTC), HT trades at c. 4.51 and is up by almost 8% in a day, increasing its weekly...
Bitcoin and Altcoins Continue Post-Rally Correction
11.2.2020
After trading to a new 2020 high near USD 10,200, bitcoin price started a corrective decrease. BTC/USD traded below the USD 10,000 level and even broke the USD 9,850 support area. The price is now approaching the USD 9,650 and USD 9,550 support levels, where the bulls are likely...
Crypto Listing and Delisting Announcements: Week 6
10.2.2020
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...
UK Regulator Tells Stablecoin Savings Firm: Get Your Ads off the Tube
10.2.2020
The British Financial Conduct Authority (FCA) has ordered the London Underground to take down advertisements for startup Zeux – a company that uses stablecoins as part of a high-interest savings offering.
The FCA appears to have expressed concern that Zeux’s business model involves using customer...
Ukraine Says it Will Not Regulate Cryptocurrency Mining + More News
10.2.2020
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.
Crypto mining news
The Ukrainian government has indicated that it will take a laissez-faire attitude to crypto mining. Per...
Beijing Launches Blockchain Loans Platform for Coronavirus-hit SMEs
10.2.2020
Source: iStock/Enzo Nguyen@Tercer Ojo Photography
Authorities in Beijing say they have launched a blockchain-powered loans platform that will help small and medium-sized companies affected by the coronavirus to borrow money and potentially stay afloat – as the disease threatens to batter the city’s...
Ethereum and XRP Lagged Behind Bitcoin During Recent Rally
10.2.2020
Following Sunday’s bitcoin (BTC) breakout above USD 10,000, other major cryptoassets are also making moves. However, both ethereum (ETH) and Ripple-affiliated XRP are seeing lackluster performance compared to bitcoin (BTC). However, both coins still outperform the most popular cryptocurrency in...
OKEx's OKB Skyrockets on News of OKChain Testnet Going Live
10.2.2020
On Monday, OKChain testnet and OKEx DEX have gone live, followed by a major jump in the price of OKB, the native token of major crypto exchange OKEx, of more than 30%.
As reported late last year, Malta-based OKEx said it aims to launch the testnet for its proprietary blockchain, OKChain, in early...
Market Deaf to Tron’s Justin Sun Call to 'Buy His Shitcoin' as TRX Down 4%
10.2.2020
Justin Sun. Source: a video screenshot, Youtube, Tron Live
Justin Sun, CEO of Tron, has said that the native coin TRX is a shitcoin. The price of the "shitcoin" fell 4% in a day.
Sun, possibly inebriated, said in a short video by cryptocurrency podcaster Peter McCormack, that Tron is a shitcoin -...
Samsung Might Have New Crypto Surprise as Galaxy S20 Debuts Tomorrow
10.2.2020
Samsung Galaxy Note 10 and Note 10+. South Korean observers believe Samsung’s newest smartphones could feature a blockchain wallet with “enhanced security features.”
The South Korean electronics giant is set to unveil its newest smartphones, the Galaxy S20 and the Z Flip, as well as other devices...
Bitcoin and Altcoins Dips Present Buying Opportunity
10.2.2020
This past week, bitcoin price remained in a strong uptrend above the USD 9,550 and USD 9,850 resistance levels. Recently, BTC/USD traded to a new 2020 high close to USD 10,200 before starting a downside correction. However, there are many supports on the downside near USD 9,550 and...
Bitcoin Predicted to Continue Higher After Breaching USD 10k
10.2.2020
After bitcoin (BTC) forcefully broke through the USD 10,000 mark on Sunday, followed by a flash-crash down to USD 9,700 on Monday morning, analysts now predict that even larger gains may lie ahead for the number one digital asset.
While the short-lived sell-off seen in the early hours of trading...
Beware! CBDC Has Serious Privacy Implications
9.2.2020
The widespread use of cryptocurrency as an alternative method of payment has led to a growing digital ecosystem over the years. Governments are behind the curve, continuing to wrestle with how to develop effective public policy measures to regulate its use.
The Bank of Canada has been actively...
Here is How Your Portfolio Would've Performed w/ 1%, 5% and 10% in BTC
9.2.2020
It is no longer a secret that bitcoin (BTC) is the best performing asset of the last decade. However, in light of bitcoin’s volatility, many traditional investors are skeptical about how beneficial adding bitcoin to their portfolio would be for their returns.
In the following analysis, we will...
'Stale' Block Reminds the Importance of Bitcoin Confirmations
8.2.2020
“Bitcoin is stale.” Early champions such as Jon McAffee have been describing the original cryptocurrency as the "true Shitcoin," while to make matters worse, it also recently witnessed the creation of another 'stale' block.
But why is a stale block a problem? Well, for those who don't know, a block...
Conflicts, Interests, Emojis and 20 Crypto Jokes
8.2.2020
Let's recap what happened in this crypto week. Total value locked in DeFi hit 1 billion! The public war-of-words between the co-founders of the IOTA Foundation took a fresh turn, Bitspark will close due to internal issues despite reporting positive results, but the first phase of Ethereum 2.0...