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Bitcoin Volatility To Drop in 2020; USD 10K - 'Just a Matter of Time'


Bitcoin (BTC) price volatility is expected to decline next year, with the transition from a bear to a bull market seemingly over, while the cryptocurrency’s price is likely to continue grinding higher, according to a recent report released by Bloomberg Intelligence (BI). While bitcoin’s rapidly...

Chinese Central Bank Issues USD 2.8m Worth of Blockchain Bonds


Source: iStock/杨培培 The People’s Bank of China (PBoC) has issued some USD 2.8 billion worth of blockchain-issued financial bonds to small business loans in China. Per reports from Xinhua and Naeil Shinmun, the central bank says that it used its “own independently developed blockchain bond issuance...

Bitcoin Price Could Hit USD 5,000 Before Rallying – Tuur Demeester


A popular economist said that Bitcoin (BTC) can go lower, meaning that we haven’t seen the bottom yet. However, that low is just a stop on a way to all-time highs, founder of Bitcoin alpha hedge fund Adamant Capital, Tuur Demeester, stressed. “We are way above the bottom of USD 3,000 [and] I don’t...

Australian Police Seize Over USD 1 million in Crypto In Drug Bust


As the Australian Federal Police are developing their tech capacities, a recent drug bust of a property in Western Australia allowed officers from the Technology Crime Service to seize not only illegal substances, but also more than AUD 1.52 million (USD 1.04 million) worth of unspecified...

Japanese Firm Good Luck 3 Raises 100,000 USD in Crowdfunding Campaign


Having established itself as one of Japan’s renowned blockchain, entertainment, and production management studio, Good Luck 3, Inc. has started a Crowdfunding campaign through “FUNDINNO.” The strategically planned event was organized on November 27, 2019. Good Luck 3 is the proud creator of social...

‘Hack’ Worries as USD 79m of Altcoins Transferred from Upbit Accounts


South Korean cryptocurrency users say they are in a “state of confusion” after reports of a possible USD 79 million hack on market-leading crypto exchange platform Upbit. Per Chosun, a series of large altcoin transfers were made out of Upbit accounts at just after 1pm KST (4:00 UTC ) on November...

Bitcoin Price Tumbles Below USD 6.7K, Major Altcoins Bleed More


After trading sideways during the weekend, the most popular cryptocurrency, bitcoin (BTC) took another hit in the early hours on Monday (UTC time), dropping below USD 6,700. At pixel time (05:23 UTC), trades at c. USD 6,682. It's down by 7% in the past 24 hous and by 22% in the past week...

Cardano's Charles Hoskinson: USD 4bn Stellar Burn Was ‘Insanity’


Charles Hoskinson. Source: a video screenshot, Youtube, Real Vision Finance Cardano (ADA) chief Charles Hoskinson has hit out at the Stellar Development Foundation (SDF)’s recent decision to burn 55 billion XLM tokens – worth some USD 4 billion at the time. Hoskinson stated that the move...

South Korea to Make Government-led USD 383m Blockchain R&D Drive


The South Korean government will stump up USD 383 million worth of funding for Seoul-led blockchain research incentives over the next six years. Per a report from ZDNet Korea, the country’s Ministry of Science and ICT plans to utilize the funds to develop original blockchain technology, with...

Watch Thieves Stealing USD 4K from Bitcoin ATM; Leaving USD 50K Behind


Source: a video screenshot, Youtube, Castanet News Two men walk into a grocery shop and commit a Bitcoin (BTC) ATM robbery. No, not a joke, but actual news, and – in a twist of irony – an unfavorable example of crypto / blockchain adoption. Apparently, BTC ATM’s have become commonplace enough...

Bitcoin Cash Prices Enjoy Short-lived Recovery on USD 200m Fund News


Roger Ver. Bitcoin Cash was briefly the only token in the green among the top 10 cryptocurrencies by market capitalization today – likely boosted by news of the launch of a new USD 200 million fund. The token’s chief proponent, Roger Ver, announced yesterday that Bitcoin.com would be launching what...

Bitcoin Mining Equipment Giant Canaan Fails to Raise USD 100 Million


The second largest producer of Bitcoin mining equipment, China-based Canaan, has finally completed its initial public offering (IPO) after the third attempt, raising less than estimated. While many have estimated that the company will raise USD 100 million at a USD 1.6 billion market...

Several Hundred XRP Accounts Linked to "Dirty" USD 400 Million


About USD 400 million worth of Ripple (XRP) has been found to be tied to illicit activity and several hundred XRP accounts are responsible for this, according to Elliptic, a London-based blockchain analytics startup. "We began researching XRP more than a year ago and have already identified several...

Bitcoin May Dip Below USD 7K Before Post-Halving Rally - Tone Vays


There will be a bull run, but not next year, says crypto analyst Tone Vays. And before we get on that road, Bitcoin (BTC) may drop below USD 7,000 before the mining reward halving, he adds. “At the moment, I still see lower prices,” said Vays in a recent interview with Block TV. “I still think...

Cashaa Launches USD Bank Accounts for Cryptocurrency Business Firms


Serving as one of the best banking platforms for fiat as well as digital currencies, Cashaa has announced that it will soon support U.S dollar bank accounts designed specifically for cryptocurrency-based businesses. The Bitcoin banking giant has clarified that the facility will be provided to...

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