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Bitcoin and Altcoins Turning Bearish
24.1.2020
In the past few sessions, bitcoin price saw an increase in selling pressure below USD 8,650. As a result, BTC/USD declined further and traded below the key USD 8,550 and USD 8,500 support levels. It seems like the price is likely to extend its decline towards USD 8,000 or USD 7,850 in the near...
XRP Unmoved, as Brad Garlinghouse Discusses Ripple's IPO Once Again
24.1.2020
Brad Garlinghouse. Source: a video screenshot, Youtube, Bloomberg
XRP remains unmoved as the market once again has been hit with speculations about Ripple's initial public offering (IPO).
At pixel time (08:58 UTC), XRP, ranked 3rd by market capitalization, trades at c. USD 0.22 and is down almost...
Best Cryptocurrencies to Buy Things With
24.1.2020
Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com journalists.
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Cryptocurrencies have been all over the news lately. This is largely due to their wild price fluctuations. However, what seems to be forgotten amongst all the talk of all-time highs...
Dfinty Launches Open Version of LinkedIn + More News
23.1.2020
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.
Blockchain news
Dfinity, a blockchain-based cloud computing company, unveiled an open version of LinkedIn, dubbed LinkedUp....
1.5 Billion People Might Have CBDC in Their Wallets in 3 Years
23.1.2020
Source: iStock/Asia-Pacific Images Studio
Around 7 undisclosed central banks, representing 20% of the world’s population, are likely to launch central bank digital currencies (CBDCs) in 3 years, a new survey by the Bank for International Settlements (BIS), showed.
While these banks remain...
Bitcoin ETF Still Far Away, VanEck CEO Says
23.1.2020
Jan van Eck, CEO of Van Eck Associates. Source: a video screenshot, Youtube, Bloomberg
A bitcoin-backed exchange-traded fund (ETF) may not come as soon as many crypto fans hope, at least if we are to believe the CEO of one of the largest ETF providers in the U.S., VanEck Associates.
“I agree with...
Considering Stealing Bitcoin? These Two Suspects Wouldn't Recommend it
23.1.2020
Crypto thieves just got another proof that they're not immune from being caught, as the Japanese police have arrested two men suspected of stealing about JPY 78 million (USD 700,000) in bitcoin (BTC) from an account on CoinExchange, a now-defunct cryptocurrency exchange, in October 2018.
The Tokyo...
A Step-by-step Guide for Central Bankers to Launch CBDC
23.1.2020
Thinkers at the World Economic Forum (WEF) have drafted what they call a Central Bank Digital Currency (CBDC) “walkthrough” for bankers and governments looking to launch digital fiats in the near future.
The walkthrough takes the form of a 28-page “toolkit” document, available for download...
Ethereum Was The ‘Most Relevant Benchmark’ for Crypto in 2019
23.1.2020
Ethereum (ETH), the second-most valuable digital asset by market capitalization, has become the “most relevant benchmark of the crypto market” in 2019, a new research from Binance Research claims.
According to them, ETH displayed the “highest median correlation” with other digital assets over...
Goodbye, PayPal! Justin Sun and Tether are New Best Friends of Pornhub
23.1.2020
Justin Sun. Major adult entertainment website Pornhub has added Tether (USDT) to its payment options, while Tron's Justin Sun can also score another adoption victory.
The addition of the popular stablecoin has been announced just recently, explaining what stablecoins and Tether are to the users...
The Gambling Scene and Crypto Currency: Is there a solid link?
23.1.2020
Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com journalists.
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To state that gambling is fluid is an understatement. We started from the back room of a bar, moved to land-based casino, to an online market open for all. With the change in scenery,...
Peter Shiff's 'Lost' Bitcoin 'Mystery is Solved'!
23.1.2020
Peter Schiff. Source: a video screenshot, Youtube, Peter Schiff
An outspoken Bitcoin critic who recently rage-quit crypto has been forced into an embarrassing u-turn – after mixing up his wallet PIN with his password.
Peter Schiff, the CEO of Euro Pacific Capital and one of the most prominent...
Cryptoverse Stunned as Jihan Wu, Roger Ver Sign a Threat to Bitcoin Cash Miners
23.1.2020
As a group of mining pools announced their infrastructure funding plan for Bitcoin Cash (BCH), the crypto industry players are discussing if this is a dictatorial move, if it's a soft work, and to how many more forks it may lead.
Jiang Zhuoer, CEO of one of the largest mining pools on Bitcoin Cash...
Bitcoin and Altcoins Bulls Struggle to Gain Strength
23.1.2020
After a minor upward move, bitcoin price failed to gain strength above the USD 8,800 area. It seems like the USD 8,850 resistance played well, resulting in a bearish reaction in BTC/USD. There was a break below USD 8,650 and the price even spiked below USD 8,550.
Similarly, most major altcoins...
How Much of a Risk Is Investing in Bitcoin?
23.1.2020
Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com journalists.
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Bitcoin continues to make its early adopters rich but how much of a risk is making an investment today? There are all kinds of factors to consider. Will governments try to ban it?...
How Blockchain Could Prevent Future Data Breaches
22.1.2020
Just before the new year, approximately 15 million Canadians — about 40 per cent of the entire population of Canada — learned that their sensitive personal data, collected by one of Canada’s major lab diagnostic and testing services, had been breached.
The data included name, address, email...
Uzbekistan to Throw its Doors Open to Tax-free Cryptocurrency Trading
22.1.2020
Uzbekistan’s president has produced a draft decree that will see tax authorities in the country waive taxes on cryptocurrency trading and transactions – for both Uzbeks and non-nationals living in the country.
As previously reported, the government has been keen to implement the new measures –...
Davos Experts Say Regulation Is the Key to Unlocking Tokenization
22.1.2020
Blockchain industry participants in Davos believe that digital tokens could transform the world of business and art – providing the capacity to “break down an Andy Warhol painting into a million different tokens.”
The industry professionals were speaking at a session entitled “From Token Assets...
South Korean Army to Use Blockchain-powered ID Solution + More News
22.1.2020
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.
Cryptocurrency news
A South Korean blockchain authentication solution developed by a private company will be adopted by...
Crypto Derivatives Market Might be 'Double the Size' of Spot Market in 2020
22.1.2020
Should interest in spot trading wanes, this year will see crypto derivatives rising, with futures and options contracts taking a larger market share, estimates TokenInsight, a token data and rating agency. Also, competition for institutional clients might force exchanges to lower fees, they added....