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It's Never Been So Difficult to Mine Bitcoin
31.5.2019
As bitcoin price jumped by around 60% in May and competition among miners of the most popular cryptocurrency increased, Bitcoin mining difficulty reached its new all-time high today, making it more difficult for miners to win the precious reward of BTC 12.5.
Meanwhile, hash rate, or computational...
Bitcoin and Altcoins Decline Sharply but Holding Uptrend
31.5.2019
Recently, bitcoin price broke the USD 9,000 resistance, but there was a sharp rejection above USD 9,000. As a result, BTC/USD started a major decline and traded below the USD 8,550 and USD 8,450 support levels. The price traded close to the USD 8,000 handle and it is currently (08:10 UTC)...
G20 Might Create a Registry of Cryptocurrency Exchanges
31.5.2019
In an effort to prevent digital money laundering, the Group of Twenty (G20) major advanced and emerging economies are expected to agree on creating a registry of cryptocurrency exchanges, Nikkei reported, citing no one.
The report did not provide any further details about the agreement....
Bitcoin Surpasses USD 9,000 and Drops Below USD 8,200 in Five Hours
31.5.2019
The most popular cryptocurrency, bitcoin just gave another example of the recently increased volatility.
After suddenly spiking above USD 9,000 for around 10 minutes on Thursday evening (UTC time) it dropped and after five hours it was already below USD 8,200. At pixel time (05:40 UTC), Bitcoin...
Fold Sells 2,500 Lightning Pizzas, Aims to Onboard 500 Retailers
30.5.2019
The U.S.-based crypto payments startup Fold, also known for its Lighting Pizza, has signed a deal that will make it possible for users to shop with bitcoin via the lightning network at over 500 retailers at 50 countries around the world “very soon”, Will Reeves, the product lead at Fold, told...
How Could US-China Trade War Affect Crypto
30.5.2019
When we think about a war of any sort, trade war included, we don’t tend to think about anything remotely positive. Yet, the current US-China trade war, if it spreads into the US bond market, can see China selling-off US Treasuries, which might in turn make certain cryptos soar.
This possibility...
What Doors Would Loosening Egypt’s Crypto Restrictions Open?
30.5.2019
Reportedly, Egypt may loosen its restrictions on cryptocurrency with the new banking law draft designed for the Central Bank of Egypt (CBE). If the law is implemented, it would ban creating, trading, and promoting only those cryptocurrencies and crypto platforms that do not obtain the necessary...
60% of S Korean Smartphone Users to Gain Blockchain Platform Access
30.5.2019
Millions of South Korean telecom customers are to be granted access to a blockchain platform that will let them share and verify college graduation certificates, academic records and proof of employment certificates directly from their phones.
Two of the country’s three major telecoms providers...
Bitcoin and Altcoins Bullish Acceleration Could Continue
30.5.2019
Yesterday, there was a short term downside correction in bitcoin below the USD 8,700 level. BTC/USD even broke the USD 8,650 support level, but the USD 8,550 level acted as a strong support. As a result, the price bounced back and recovered above the USD 8,650 and USD 5,700 levels. More...
Fake News-Fueled Bitcoin SV Pump Reminds of Power of Chinese Investors
30.5.2019
The recent pump of the Bitcoin SV (BSV) price comes as a reminder of the importance of the Chinese investors in the cryptoverse, even if crypto exchanges are banned in the country with population of more than 1.38 billion people.
The price of Bitcoin SV, the infamous hard fork of Bitcoin Cash...
Why Crypto Will Not Make Western Union Obsolete
29.5.2019
George Harrap
The text below is an excerpt from The Compendium of Cryptocurrency Remittances by George Harrap, CEO of Bitspark, a bankless money transfer solution utilising blockchain technology.
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It is impossible in the remittance world to ignore Western Union (WU). The solid brand name...
Ethereum vs. EOS vs. Tron vs. Tezos - How do they Compare?
29.5.2019
As the battle of the blockchain protocols heats up, developers, investors and dapp (decentralized application) users are trying to figure out which of the industry players might win the race.
Cryptoasset research firm Bitassist in collaboration with cryptocurrency data analytics firm Omenics took...
Blockchain Deals: Virtual Car for USD 100K and Digital Dress for 9.5K
29.5.2019
Internet is certainly a marvelous shopping centre full of peculiar items to be bought. Luckily for us living in the age of digital assets, we can make some interesting blockchain deals. And while most go unnoticed, there are a few baffling ones. All, however, are shaping the contemporary, digital...
World’s Biggest Shipbuilder Makes USD 6 Bn Blockchain Move
29.5.2019
South Korean business conglomerate Hyundai Group is continuing with its seemingly relentless blockchain drive – with one of its largest and most lucrative business arms adopting the technology.
Hyundai Heavy Industries, which operates shipbuilding and factory assembly activities, will use the HiPRO...
Bull Talk: Bitcoin at USD 20K, Tip Of The Iceberg, and Time Traveler
29.5.2019
Andy Cheung, Head of Operations at crypto exchange OKEx and Sonny Singh, Chief Commercial Officer of the crypto payment processor BitPay joined the Bitcoin bull talk this week, while the cryptoverse got back to their favorite "time traveler" for an advice.
"USD 20,000 is a conservative prediction...
Dips in Bitcoin and Altcoins Remain Attractive
29.5.2019
This week, we saw solid gains in bitcoin price above USD 8,500. BTC/USD traded towards the USD 8,900 and USD 9,000 resistance levels and recently started a short term downside correction. The price declined below the USD 8,750 support level, but there are many crucial supports on the downside near...
Survey Just Showed a Use Case for Facebook Coin
29.5.2019
18% of surveyed adult Americans would be interested in investing in a Facebook created digital token, and majority of these are looking to use it on the Facebook Marketplace.
The online survey of 1,000 Americans was commissioned by personal finance education website LendEDU and conducted...
Announcements of an announcement Disturb EOS, TRX, and BTT Investors
28.5.2019
Quite a few speculations have been flying around in the cryptoworld ahead fast-approaching June 1st events during which EOS and Tron (TRX) should be making supposedly major announcements. And while people speculate, the prices fluctuate.
The average price of EOS across exchanges is now at around...
Kin Sets Aside Another USD 5 million to Fight SEC, Wants to Raise More
28.5.2019
The Kin Foundation, developer of the Kin Ecosystem, just set aside USD 5 million in order to fight the U.S. Securities and Exchange Commission in a legal battle, considered to be "the most important storyline in the world of crypto securities law in 2019."
Also, the foundation launched the Defend...
Cryptoverse Rediscovers Bitcoin in Excel
28.5.2019
The crypto community proved that "everything new is actually well-forgotten old" once again.
After 5 months old Game of Thrones and VeganCoin news swept the cryptoverse last week, this time it is buzzing as several posts on Reddit and Twitter show Bitcoin among available currency options in Excel...