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Not Accidental China's U-Turn On Bitcoin Mining Might Fuel Competition
8.11.2019
Changes in China's Bitcoin (BTC) mining policy are not accidental, and competition in the global mining sector might become more intense, says an analyst at Beijing-based token data and rating agency TokenInsight. Moreover, the recent major crypto move by Hong Kong might also increase competition...
Bitcoin Price Drops Below USD 9,000 Again; Altcoins Follow
8.11.2019
Source: iStock/hocus-focus
Though Bitcoin (BTC) started this Friday with a smaller drop in its price, in a sudden move in the afternoon hours (UTC time), bitcoin price dropped by 2.4% in less than two hours - which was enough to push it below USD 9,000. Additionally, altcoins turned red.
While...
This is Why Smaller Networks Overtake NEO by Dapp Activity
8.11.2019
Da Hongfei, Founder of Neo. Source: Twitter, @NEO_Blockchain
NEO blockchain, regularly titled as “Chinese Ethereum,” appears to be underperforming in the realm of dapps (decentralized apps) - even smaller networks have more dapps and their users. However, it seems that NEO is currently not focusing...
CEO of Bitmain's Rival Reportedly Arrested in China + More Crypto News
8.11.2019
Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world.
Legal news
Zuoxing Yang, founder and CEO of Chinese Bitcoin miner maker MicroBT, and former processor design director at...
XRP Price Among the Worst Performers Today
8.11.2019
While Tezos (XTZ) became the best-performing coin among the top 100 by market capitalization yesterday, still being among the top five in that category, Ripple (XRP) found itself among the worst performing major coins today.
Though the week was quite busy for Ripple, the recent news doesn't seem...
Bitcoin Price, Altcoins Turn Red
8.11.2019
In the past few sessions, bitcoin price declined below the USD 9,350 and USD 9,250 support levels. BTC/USD is now trading below USD 9,150 and it seems like it could continue to slide towards the USD 9,000 and USD 8,850 support levels.
Similarly, altcoins started a fresh decline below key supports...
Trezor Denies Links to Venezuela after Maduro Endorsement
8.11.2019
SatoshiLabs, the manufacturer of the Trezor hardware wallet, has moved to distance itself from a somewhat unexpected endorsement from Venezuelan president Nicolás Maduro.
Around 18 minutes into an hour-long state TV segment on cryptocurrencies that was also shared on the president's Facebook page...
Crypto Job Market Trends Might Mean Higher Salaries
8.11.2019
It looks like salaries in the blockchain and cryptocurrency industry are set to grow as demand is outstripping supply.
More companies than ever before are looking to fill "Bitcoin, blockchain and cryptocurrency roles," with employer demand "skyrocketing," per a new report.
A study released by...
Ignore Decentralization & Tokenization and You May Miss USD 3Tn Market
7.11.2019
Businesses that ignore decentralization and tokenization risk to miss a USD 3 trillion market, finds the major research and advisory company Gartner.
The blockchain-related industry to generate USD 3.1 trillion in new business value worldwide by 2030, but half of it will be generated already...
This is Why Dogecoin is Better than 'Altcoins-Degenerators'
7.11.2019
Source: Instagram, dogecoin_official
While large majority of the altcoins are being on a straight-down path, a coin that was made as a joke and seemingly has had no recent major development is proving store of value (SoV) properties.
Popular crypto researcher and analyst Willy Woo posted both...
7 Conclusions About the Bitcoin Reformation + 15 More Crypto News
7.11.2019
Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world.
Adoption news
The Bitcoin ecosystem is maturing in all aspects of its economy, in particular in deposit banking, insurance...
Ripple's Client Base Up 50%, c. 7% Use XRP for Cross-Border Liquidity
7.11.2019
California-based blockchain startup focusing on payment technologies, Ripple, has seen its client base grow 50% this year, while some 7% use XRP for cross-border liquidity.
“This year has been our strongest for Ripple yet,” Brad Garlinghouse, CEO of Ripple, said in a recent interview with a Forbes...
Bitcoin and Altcoins Struggle to Move Higher
7.11.2019
After a failed upside attempt near the USD 9,500 resistance, bitcoin started a fresh downward move. BTC/USD traded below the USD 9,400 and USD 9,350 levels. It is currently (08:00 UTC) declining and may test USD 9,200 or USD 9,050.
Similarly, altcoins struggled to continue higher and correcting...
Tezos Price Rallies, Beats 99 Cryptos on Coinbase, OKEx News
7.11.2019
On Thursday morning (UTC time), Tezos (XTZ) is the best-performing coin among the top 100 by market capitalization, surging on news from two major cryptocurrency exchanges.
At pixel time (06:32 UTC), XTZ, ranked 19th by market capitalization, trades at c. USD 1.15 and is up by 27% in the past...
Russian Crypto Law Could Sideline Bitcoin, Ethereum and Other Altcoins
7.11.2019
As Russia's crypto legislation is taking a confusing shape, local experts do not rule out that it might effectively stop Russians from legally trading in Bitcoin, Ethereum and other major altcoins on regulated domestic exchanges.
“Until the full text of the amended bill is published, it...
Russia's Crypto Law is Taking a Confusing Shape
6.11.2019
A Russian newspaper says it has seen a copy of the much-awaited draft law "On Digital Financial Assets" – a piece of legislation that might decide the fate of cryptocurrencies in the country. However, local experts do not agree what this draft means exactly.
RBC states that "two sources familiar...
Why Are Gamblers Choosing to Gamble with Bitcoin?
6.11.2019
Disclaimer: The text below is a press release.
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Bitcoin gambling is becoming increasingly popular these days. Many Online casinos are integrating virtual currencies into their payment systems and players all around the world are switching to the new popular solutions. After...
China's Digital Fiat to Substitute Paper Money + 12 More Crypto News
6.11.2019
Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world.
Digital fiats news
China's digital fiat, the Digital Currency Electronic Payment (DCEP), is designed to substitute existing...
Ripple CEO Says There are Too Many Cryptos, but Bull is on the Horizon
6.11.2019
Brad Garlinghouse. Source: a video screenshot, Bloomberg
There are too many crypto assets, according the CEO of Ripple (XRP), a California-based blockchain startup focusing on payment technologies. And though volatility will continue, there are bullish trends visible for the entire crypto market...
'The Most Feared' Megafirm Quinn Emanuel Accepted First Crypto Payment
6.11.2019
\"Shark,\" a sculpture in the Los Angeles office of Quinn Emanuel. Source: Instagram, quinnemanuel
Major news for crypto adoption came out of a law megafirm Quinn Emanuel Urquhart & Sullivan, as their clients can now pay in Bitcoin (BTC) and other cryptocurrencies.
The litigation giant said...