Search
Law Decoded: Cents and stability, Nov. 20–27
27.11.2020
Stablecoins and CBDCs and their related issues of privacy and surveillance lead this week's Law Decoded
The USD 4.2bn Question: Has China ‘Dumped’ PlusToken Bitcoin, Ethereum & Co?
27.11.2020
Source: Adobe/Александр Коликов
Crypto community members are wondering what has become of a huge stash of crypto worth a combined USD 4.2bn seized by the Chinese authorities who closed down the PlusToken crypto scam earlier this year – with some asking if the funds were already “dumped” onto...
Cryptocurrency and Safety Money, Bitcoin Vault Breaks Stereotypes
27.11.2020
Cryptocurrency theft has boomed over the past couple of years and this is no hoax. Over USD 1.40 billion was stolen in the first five months of 2020. If thefts continue to rise at this rate, 2020 may well become the second-costliest year in the history of crypto – lagging slightly behind last...
Facebook’s Libra to reportedly launch in January 2021 as USD stablecoin
27.11.2020
Libra will initially be pegged to just one fiat currency
Coinbase CEO Warns of 'Rushed' Wallet Regulation, Bitcoin Drops Below USD 17K
26.11.2020
Brian Armstrong. The CEO of US-based major crypto exchange Coinbase, Brian Armstrong, caused quite a stir in the Cryptoverse when he warned that the outgoing Trump Administration is still not done with crypto regulation, possibly dealing it a massive blow as they exit the White House. Some...
Bitcoin Slides Below USD 18,000, Altcoins Take Stronger Hit
26.11.2020
Bitcoin price failed to clear the USD 19,500 zone and started a sharp decline. BTC broke many supports near USD 19,000 and USD 18,800 to move into a bearish zone. The price declined over 5% and it is currently (05:00 UTC) trading below USD 18,000.
Moreover, there was a sharp decline in most major...
Bitcoin Hits USD 19,000 And Altcoins
24.11.2020
On Tuesday, the most popular cryptocurrency, bitcoin (BTC), surpassed the USD 19,000 level for the first time since December 2017, while altcoins corrected lower.
At pixel time (10:09 UTC), BTC trades at USD 19,055 and is up by 2% in a day and 14.5% in a week. The price rallied by 45% in a month...
DOJ ‘Overlooked’ USD 500k in Forked Crypto in Bitcoin Bust
24.11.2020
American law enforcers may have made a slip-up that has left thousands of dollars’ worth of forked cryptoassets sitting around in wallets – potentially still within the grasp of at-large darknet criminals.
Per a blog post from a blockchain analytics firm and anti-money laundering solutions provider...
XRP Revisits 2018 Levels With Bullish Run Above USD 0.50
23.11.2020
With bitcoin (BTC) and ethereum (ETH) hogging the spotlight lately, Ripple-affiliated XRP is showing off in its own right. The No. 3 cryptoasset by market capitalization almost doubled in the past week and is the best-performing coin among the top 30 tokens by market capitalization in a month.
At...
Double Ethereum Rally: Price Nears USD 600, ETH 2.0 Deposit Contract Filled Over 50%
23.11.2020
Ethereum 2.0 (ETH 2.0) deposit contract surpassed 50% of staked ETH needed for the Phase 0 launch, as the coin's price rallies.
The price has been surging this past week, surpassing the USD 500 level for the first time in more than two years. At the time of writing (11:15 UTC), ETH trades at...
USDT Towers Over 30 Stablecoins- Tether’s Market Cap Grew by 2 Million Percent in Just Four Years
22.11.2020
During the last two years since the initial bear market after the 2017 bull run, stablecoins have been extremely popular. Today, statistics show that the market capitalization of all the notable stablecoins today is hovering above the $23.9 billion mark. Out of more than 30 stablecoins in 2020...
Bitcoin Derivatives See Record Highs, Year-End BTC Options Show 29% Chance Price Crosses $20K
20.11.2020
As the crypto economy sets its sights on half of a trillion in USD value, digital currency derivatives markets are swelling significantly. Bitcoin futures have surpassed a six-month high at $52 billion, while the crypto asset’s options markets have jumped massively too. Additionally, bitcoin...
Logic Enters Crypto Game With USD 6M Bitcoin Investment
20.11.2020
Logic. Source: Twitter/@Logic301
American retired rapper, record producer and streamer Sir Robert Bryson Hall II, aka Logic, said he bought USD 6m worth of bitcoin (BTC) last month. The artist subsequently changed his Twitter account name to Bobby Bitcoin in a reference to his crypto investment...
Ethereum Touches USD 500 For the First Time In More Than Two Years
20.11.2020
Source: Adobe/stockphoto-graf
Today, for a few minutes, Ethereum (ETH), the second-largest cryptoasset by market capitalization, touched the USD 500 level for the first time since July 2018.
At pixel time (09:40 UTC), ETH trades at USD 495 and is up by almost 6% in a day and 6% in a week. The price...
Bitcoin Moves Higher Above USD 18K, Altcoins Up Too
20.11.2020
Bitcoin price remained well supported near the USD 17,500 level. BTC started a fresh increase and it was able to climb back above USD 18,000 and USD 18,100. The price is currently (05:00 UTC) trading near USD 18,200 and it seems like the bulls are aiming for a break above the USD 18,500...
Bitcoin Reclaims USD 18K, Altcoins Correct Lower
18.11.2020
Bitcoin price rallied towards the USD 18,500 level, where sellers took a strong stand. As a result, there was a sharp bearish reaction and BTC declined below USD 18,000. The price even broke the USD 17,650 support, but the bulls protected BTC from more losses, and currently (13:00 UTC) it...
Bitcoin Retreats Sharply From USD 18.5K, Altcoins Drop Too
18.11.2020
Bitcoin price extended its rise above the USD 17,500 and USD 18,000 resistance levels. BTC even broke USD 18,200 and traded close to USD 18,500. The price is currently (05:00 UTC) correcting gains, with many supports on the downside, starting with USD 17,650 and USD 17,500.
Besides, there were...
What USD 17,000? Bitcoin Just Smashed USD 18,000
18.11.2020
Bitcoin (BTC) rally keeps accelerating as the price jumped from USD 17,000 to USD 18,000 in less than a day.
The most popular cryptocurrency briefly touched USD 18,020 on 04:00 UTC before correcting lower and then rallying again. At the time of writing (04:24 UTC), BTC trades at USD 18,184 and...
Bitcoin Approaches USD 18K, Market Cap Nears ATH, Ray Dalio In Doubt
17.11.2020
Ray Dalio. Source: a video screenshot, YouTube, TED
On Tuesday, the most popular cryptocurrency, bitcoin (BTC), breached the USD 17,000 level for the first time since January 2018 and surged above USD 17,700 in several hours, while its market capitalization almost reached its all-time high of...
Bitcoin Above USD 17,000, Altcoins Start Rally
17.11.2020
Bitcoin price remained in a bullish zone and it climbed further above the USD 16,000 resistance. BTC gained momentum and it surpassed the USD 17,000 resistance level. The price is currently (13:00 UTC) trading above USD 17,000 and it might continue to rise towards USD 17,400.
Similarly, there was...