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Bitcoin and Altcoins Bulls Not Out Of the Woods Just Yet
13.1.2020
In the past few sessions, there were mostly range moves in bitcoin price above the USD 8,000 and USD 7,850 support levels. BTC/USD also made a few attempts to gain momentum above the USD 8,250 and USD 8,350 resistance levels, but it failed.
Similarly, it seems like most major altcoins...
The Perks of Joining Business.Club, Explained
13.1.2020
Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com journalists.
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In the world of hundreds, even thousands of blockchain projects and many of them offering similar services, it can be hard to choose where to invest. Most of us don’t have the sort...
How Close Are We to Hyperbitcoinization – Total Bitcoin Dominance?
12.1.2020
Experts believe that bitcoin still has a long way to go before it gains mainstream global acceptance – but believe that the token could become a global mainstay, and even eclipse the dollar by 2030.
Industry insiders call the phenomenon “hyperbitcoinization” – the widespread, global adoption...
Will Bitcoin Halving Pattern Repeat Itself This Year?
12.1.2020
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.
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In financial markets, it’s rarely possible to know, in advance...
Crypto 2020: Staking Market Growth and Dangers
11.1.2020
Proof of Stake has become fashionable. Towards the tail end of 2019, a growing number of crypto-exchanges and platforms added support for proof-of-stake (PoS) tokens, as well as for staking services that invest PoS crypto on the behalf of users.
At the same time, the number of proof-of-stake...
Dethronement, Maintenance, Breakup and 20 Crypto Jokes
11.1.2020
This week saw BTC rally above USD 8K, while altcoins dropped, and BitPay CCO said that BTC will surpass USD 20K, but with a surprise. While more altcoins are expected to be integrated by mining pools, the ousted co-founder of Bitmain made a legal move to dethrone Jihan Wu. Telegram confirmed that...
Derivatives Giant CME to Launch Bitcoin Options on Monday
10.1.2020
Major financial derivatives marketplace Chicago Mercantile Exchange Group (CME) is seemingly ready to launch its long-awaited options on Bitcoin (BTC) futures on January 13.
As BTC's market capitalization is growing, a number of options to trade this cryptocurrency is growing as well. We may...
A Lawsuit Against Bitfinex and Tether Dismissed by Plaintiffs
10.1.2020
The plaintiffs in a class-action lawsuit against cryptocurrency exchange Bitfinex and its parent company, iFinex, operator of stablecoin Tether (USDT), accusing them of manipulating the Bitcoin (BTC) market, have voluntarily withdrawn the lawsuit.
Filed in the Western District of Washington court...
Fintech Firm With 2m Users Buys Crypto Exchange to Attract Millennials
10.1.2020
Dutch fintech company BUX has bought Amsterdam-based social cryptocurrency exchange Blockport for an undisclosed amount in a bid to spark interest from young European investors.
BUX says the move will help address “the investing needs of European millennials.”
The fintech firm plans to rename...
MUFG Bank Issues First Blockchain-powered Letter of Credit + More News
10.1.2020
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
Japanese financial behemoth Mitsubishi UFG (MUFG)’s banking arm has announced that it has issued its first...
Man Suing AT&T Over USD 1.8m Crypto Loss Says Telco ‘Can’t Deny’ Blame
10.1.2020
The American man attempting to sue AT&T after falling victim to an alleged USD 1.8 million “SIM swap” cryptocurrency theft says the telecoms giant is “unable to deny its involvement” in the loss of his funds.
The man stated that AT&T neglected to make “sufficient data security systems...
Cosmos Surges on Coinbase Pro Listing
10.1.2020
Cosmos (ATOM), ranked 16th by market capitalization, surged after popular crypto exchange Coinbase Pro announced it will list the coin.
As of pixel time (11:53 UTC), ATOM is trading at USD 4.28, up almost 7% over the past 24 hours, turning its weekly losses into a gain of 1%. While bitcoin (BTC)...
How Vintage Sardines Became Fishy Talk of Crypto Town
10.1.2020
We talked about a number of interesting exhibitors at the Customer Electronics Show (CES 2020) in Las Vegas, but one participant has been stirring up the waters of the Cryptoworld lately with their unconventional offering - namely, sardines-backed stablecoin.
You've read it well. A Luxembourg-based...
More Altcoin Mining to be Integrated by Mining Pools in 2020 - Report
10.1.2020
2020 will see the mining pools start to integrate more altcoin mining with huge market potential and risks, says token data and rating agency TokenInsight.
The agency's 2019 mining industry report claims that there are only 64 mineable coins including Bitcoin (BTC) with more than USD 100,000...
Russian Oil Industry 'Waits' as Medvedev Says Token Regulation Needed
10.1.2020
Dmitry Medvedev. Source: a video screenshot, Youtube, naiumeedlivestream
Russian Prime Minister Dmitry Medvedev has underlined the need for his country to introduce digital asset token regulation at a legislative level, but says Moscow must take time to find a tailor-fit solution.
And there...
Bitcoin and Altcoins Trend Turning Bearish
10.1.2020
Bitcoin price remained in a bearish zone and failed to stay above the key USD 8,000 and USD 7,850 support levels. BTC/USD is now closing in towards USD 7,700, below which the price could test the next major support near USD 7,550 in the coming sessions.
Similarly, most major altcoins turned red...
Lympo to Dedicate Part of the Profit to Purchase Tokens From the Market
10.1.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com
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We started Lympo two years ago with the vision of a healthier and happier world with token-based incentives for healthy choices. At the heart of our innovation is Lympo health data...
Bithumb to Invest USD 9M in a New Crypto Trading Platform + More News
9.1.2020
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
South Korean market-leading exchange Bithumb is set to launch a second domestic trading platform, reports Newsway....
Bitcoin to Surpass USD 20K, But Brace for a Surprise - BitPay CCO
9.1.2020
As every year, be prepared that something unforeseen could happen in 2020 also, fueling another bitcoin (BTC) rally, Sonny Singh, chief commercial officer of major crypto payment processor BitPay, reminded. In either case, he estimates that BTC will rise above USD 20,000 this year.
“A lot of people...
Ethereum Classic Rallies Ahead of Agharta More Than Before Atlantis
9.1.2020
As the 20th coin by total market capitalization, Ethereum Classic (ETC), is set to go through another upgrade, Agharta, in three days, its price is up by more than 30% in the past month, which is 4 times more than in a month leading to its previous upgrade, Atlantis, on September 12, 2019.
In...