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Over Million USD Bets Placed on Ethereum Reaching USD 600 by March
29.1.2020
Significant financial bets in the form of ethereum (ETH) call options have been seemingly placed by a trader or group of traders who are going in big in the hopes that ETH will exceed USD 600 before the end of March, just two months from now.
As of pixel time (12:21 PM UTC), ETH is trading at about...
'A Clear Indication' of 'Healthy' Bitcoin Adoption Found
29.1.2020
Crypto market researcher Glassnode claims it has found "a clear indication of a healthy and consistent adoption of Bitcoin over the past 10 years."
According to them, the daily net growth of on-chain entities holding bitcoin (BTC) is consistently positive: "In Bitcoin’s history there have been only...
Another Japanese Finance Industry Player Joins the Cryptocurrency Fray
29.1.2020
It seems that another big, non-crypto company just stepped onto Japan’s crypto scene.
Daiko Holdings has become the latest Japanese firm to operate a cryptocurrency platform. SNC, operator of the Bitgate cryptocurrency exchange has transferred a controlling stake of 58.1% of its 100% stake in...
Bitcoin and Altcoins Surging, Rally Might Continue
29.1.2020
In the past few sessions, there was a strong rise in bitcoin price above the USD 9,200 and USD 9,250 resistance levels. BTC/USD even traded above USD 9,400 before it faced sellers. The price is currently (09:00 UTC) consolidating and it remains well supported for more gains above...
Bitcoin Cash Dev Tax Still Might Go Live Despite Roger Ver Revokes Support
29.1.2020
Bitcoin.com, an operator of a Bitcoin Cash (BCH) mining pool, said it will not support the so-called “dev tax” and will be working on another plan. However, some developers warn that the “dev tax” might still be implemented.
“The dev tax is wounded, but not dead,” developer Peter Rizun, who...
51% Attack on Bitcoin Is Now Pricier, Attack on Ethereum - Cheaper
28.1.2020
Source: iStock/da-kuk
When it comes to the estimated possibility of a 51% attack, while there's great news for some networks, several networks have a reason to be worried.
After recent attacks on Bitcoin Gold (BTG), we decided to re-visit both the vital discussion of 51% attack vulnerabilities*...
Altcoin Delisting Claims Some Surprising Casualties in South Korea
28.1.2020
Some of South Korea’s leading crypto exchanges have apparently begun coin purges for low-volume tokens – but there could be a catch for the exchanges and the South Korean cryptocurrency industry as a whole, as a number of delisted tokens are Kakao Klaytn partners.
Per a report from South Korean...
How to Use Business.Club to Your Advantage
28.1.2020
Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com journalists.
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Building your own business is tricky. What’s even trickier is attracting both potential customers and partners that have a similar vision in terms of security, transparency...
New Law May Kill Smaller South Korean Crypto Exchanges + More News
28.1.2020
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.
Exchanges news
Smaller South Korean exchanges could be forced to close if the government pushes ahead with plans to impose tighter...
Hack this Bitcoin Wallet and its Owner Will Give You USD 250,000
28.1.2020
If you’ve got high-level IT skills and fancy making a cool USD 250 thousand, one company wants to hear from you. All you need to do is break into their crypto wallet – and make away with thousands of dollars’ worth of Bitcoin.
But the firm says the task won’t be an easy one, as they believe...
XRP Remains in Red for the Week While Other Coins Surge
28.1.2020
XRP, the digital token affiliated with the San Francisco-based fintech firm Ripple, has been rather disappointing for investors this past week, as it remains in the red for the week while most other coins are seeing gains.
As of pixel time (13:04 UTC), XRP trades at c. USD 0.233 and is up by 1.2%...
UK Court Freezes a Ransomware-linked Bitcoin Account on Bitfinex
28.1.2020
Source: iStock/Ja'Crispy
The business and property division of the British High Court has instructed crypto exchange Bitfinex to freeze a bitcoin (BTC) account containing funds worth USD 860,000 after hearing that its owner may have links to a ransomware scam.
Per documentation released by...
Competing Bitcoin Cash Mining Pool Averted 'For the Time Being'
28.1.2020
A pool of anonymous Bitcoin Cash (BCH) miners decided not to start the competing pool “for the time being” and will continue to support the BCH pools after supporters of the controversial proposal clarified their ideas.
The group believes that Bitcoin.com, an operator of a BCH mining pool, will...
Bitcoin Plays With USD 9,000, While Virus Fears Weigh on Stocks
28.1.2020
Bitcoin (BTC) is once again trading around USD 9,000, while the risk-off sentiment has hit stock markets across the globe hard in recent days.
At pixel time (10:35 UTC), BTC trades at c. USD 9,010 and is up by 4% in the past 24 hours and the past week. Earlier today, the price reached USD 9,100...
Bitcoin and Altcoins Signaling Bullish Continuation
28.1.2020
Yesterday, we discussed the chances of more upsides in bitcoin price if it climbs above the USD 8,650 and USD 8,850 resistance levels. BTC/USD did rise above the USD 8,850 resistance and it even surpassed the USD 9,000 resistance. It tested USD 9,150 and is currently (09:00 UTC) correcting...
Blockchain Spending Plummets at Russian Giant Rostec as Hype Wanes
28.1.2020
The state-sponsored Russian technology firm Rostec aims to halve its blockchain research and development fund and now estimates smaller effects on the economy.
The company stated that it plans to spend RUB 28.4 billion (USD 453.2 million) on blockchain technology by 2024, Kommersant reported...
Who Funds Bitcoin Developers?
27.1.2020
Many, many developers have contributed to Bitcoin’s growth since its birth in 2009.
In other words, Bitcoin is the representation of a long line of programming work. Developers have had to look for bugs, write software updates, and assume the vital task of proposing how Bitcoin might evolve.
This...
Crypto Listing and Delisting Announcements: Week 4
27.1.2020
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...
Bitcoin Can Learn These Key Lessons from Cash
27.1.2020
Cash may be a dinosaur, and although Deutsche Bank thinks that notes and coins’ extinction is still a way off, its newest report has provided the cryptosphere with an excellent insight into why cash is still in such rude health – and why so many still choose it over other methods of payment...
Iran Issues Over 1,000 Licences for Crypto Mining + More News
27.1.2020
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.
Mining news
The Iranian Ministry of Industries, Mining and Trade has issued more than 1,000 licenses for cryptocurrency mining...