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Crypto Market Sentiment Drops, BTC and ETH in Positive Zone
27.1.2020
After three weeks of advancement upwards, the cryptocurrency market sentiment fell back a bit this Monday. The combined moving average 7-day market sentiment measure, Sentscore, for the top 10 coins is now 5.54, while it was 5.83/10 a week ago. It's still higher than two weeks ago though, according...
Bitcoin’s Unit of Account Status is Still a Fantasy - BitMEX Research
27.1.2020
How close is bitcoin (BTC) to becoming money? New data from BitMEX Research claims that although BTC transactions are now more precise than ever, the cryptocurrency still remains a long way off elusive money status – and believe that precision could actually hurt BTC’s hopes of becoming money.
The...
Following Kobe Bryant's Tragic Death, Cryptoverse Remembers His Visit
27.1.2020
Kobe Bryant. Source: a screenshot, Instagram/granity
The world is today mourning the death of Kobe Bryant, the American basketball legend and retired NBA star. What many might not know is that he also paid a visit to the Cryptoverse.
Bryant, a.k.a. Black Mamba, died in a tragic accident on Sunday...
Bitcoin Gold Suffers Two 51% Attacks, BTG Rallies 20%
27.1.2020
On Sunday, Bitcoin Gold (BTG), the cryptocurrency that was forked from Bitcoin (BTC) in 2017, confirmed that it once again suffered a 51% attack (two attacks on January 23rd, to be precise). However, investors do not seem worried - BTC rallied almost 20% in the past 24 hours.
At pixel time (10:31...
Ex-BitTorrent Staff Allege Violence at Tron from Boss Justin Sun
27.1.2020
Justin Sun. Source: a video screenshot, Youtube, Tron Foundation
Two former BitTorrent employees are suing Tron (TRX) for USD 15 million alleging they witnessed workplace violence, were harassed into product launches, and experienced wrongful dismissal.
The allegations were made in a lawsuit filed...
Bitcoin and Altcoins Target Fresh Monthly Highs
27.1.2020
This past week, there was a substantial downside correction in bitcoin price below the USD 8,650 and USD 8,550 support levels. BTC/USD found support near the USD 8,250 level and recently started a fresh increase above the USD 8,550 pivot level. However, the price is facing hurdles near USD 8,650...
How To Generate Bitcoins Without Mining In 2020
27.1.2020
Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com journalists.
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Are you a latecomer to the bitcoin rush in 2019? Unless you have deep pockets, getting your hands on some bitcoins these days is not that easy.
Mining used to be the go-to method if...
How High Will Bitcoin Go in This Cycle?
26.1.2020
Juan Villaverde is an econometrician and mathematician devoted to the analysis of cryptocurrencies since 2012. He leads the Weiss Ratings team of analysts and computer programmers who created Weiss cryptocurrency ratings.
Dr. Bruce Ng is an educator in the field of Distributed Ledger Technology...
How Does Staking Economy Work?
26.1.2020
Everybody seems to be talking about cryptocurrency staking nowadays. As it continues to grow in popularity, exchanges all over the world seem to be lining up to offer their customers staking services – with no shortage of takers among their clientele.
Indeed, Mirko Schmiedl, CEO...
Bitcoin Needs New Blood. Will it Come?
25.1.2020
New investors are the lifeblood of bitcoin (BTC). New investors rushed to buy BTC in December 2017, and it's new investors that are needed if the most popular cryptocurrency is to enjoy significant gains in 2020 and beyond.
Research firm TokenInsight made this point in its annual mining industry...
Transformation, Domination, Evasion, and 20 Crypto Jokes
25.1.2020
This week in crypto, experts at the WEF said that digital finance, crypto and blockchain-powered economics are sweeping through markets in the developing world unchallenged and that digital tokens could transform the world of business and art. While Binance aims to find more merchants for its...
Davos Experts: Central Banks Focus on Crypto Due to Fear of Exclusion
24.1.2020
Impressions from the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 24 January. European Commission executives have conceded that there is a pressing need for digital alternatives to conventional currency – but continue to condemn cryptocurrencies as “highly...
Germany Increases Costs For Some Crypto Firms by USD 250,000
24.1.2020
Germany's newly installed cryptocurrency laws have made it illegal for new firms to launch crypto trading, custody services and issue tokens, according to experts.
Since January 1, the German Banking Act has stated that crypto assets now qualify as financial instruments and that crypto-exchanges...
Watch Thieves Wrench Open a Bitcoin ATM – Leaving a Regular ATM Intact
24.1.2020
Source: a video screenshot, Youtube, PhiladelphiaPolice
An American store manager was left baffled after thieves executed a sophisticated plan to steal a Bitcoin ATM that “wasn’t doing well” – leaving a cash-filled conventional ATM behind.
Police in Philidelphia said two men used crowbars to break...
Another Competitor To Libra Might Come From Japan + More News
24.1.2020
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.
Digital fiat news
A group of about 70 Liberal Democratic Party lawmakers in Japan are working on a proposal for the county to issue...
Bitcoin a Step Closer to Taproot, the Biggest Upgrade Since SegWit
24.1.2020
Source: iStock/da-kuk
World's most popular cryptocurrency, Bitcoin (BTC), is one step closer to seeing it's largest change since 2017.
Developer and Bitcoin Core contributor Pieter Wuille, has submitted a "pull request," which lets others know that a code change is ready for reviews, discussions...
Ripple Slashes XRP Selling Even More After Raising USD 200 Million
24.1.2020
Ripple, an American blockchain company focusing on payments technologies, reduced sales of XRP from its escrow fund last quarter when it secured USD 200 million in funding.
According to their report, the reductions in Q4 follows that sharp reduction that was recorded in Q3, with the main difference...
Scammers Who Sold Coin '10x Faster Than Bitcoin' Now Jailed
24.1.2020
A South Korean court has handed the masterminds of a scamcoin scheme seven-year prison terms.
Per media outlet Newsis, a court in Seoul found two men, both aged 58, guilty of fraudulently selling some USD 23 million worth of so-called “A Coin” tokens to a total of 5,696 investors.
The men fronted...
Why Many Online Casinos Switch to Cryptocurrency
24.1.2020
Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com journalists.
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The first every cryptocurrency is now a decade old, and in those ten years Bitcoin has not only become a universal way to acquire services and goods both offline and online, but it...
Suspected Bitcoin Launderer Vinnik Extradited to France
24.1.2020
Alexander Vinnik. Source: a video screenshot, Youtube, Kostas Koukoumakas
Russian bitcoin laundering suspect Alexander Vinnik is now in France, confirmed his lawyer Zoe Konstantopoulou.
He was extradited following a ruling by the Greek Council of State, published on Thursday, according to local...