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Federated E-Cash Can Act as Bitcoin Scaling Solution


David Chaum first introduced the concept of E-cash in 1983. Since then, it has been considered as one of the cornerstones to promoting honest transactions. The Federation of E-Cash is an entity constituted by independent members who act as distributed custodians for the creation of a multi-sig...

Bitcoin (BTC) Falls Below $60000 After Two Weeks!


Since the flash crash, a hostile stance has been hovering over BTC, promoting holders to book some of their profits. Flash crash occurs rarely, but once it does, the positivity on the asset goes down the drain. Had this profit booking stopped before the immediate resistance, we would have witnessed...

USD 20,000 Weekly Moves in Bitcoin’s Price Likely This Year, Author Says


Volatility in bitcoin (BTC) is not likely to slow down, and weekly price moves of USD 20,000 or more should be expected before the end of the year, one popular author and bitcoin proponent claims. ... Read More: USD 20,000 Weekly Moves in Bitcoin’s Price Likely This Year, Author Says

Bitcoin, Ethereum, and Altcoins Drop Below Key Levels


Bitcoin price failed to stay above the key USD 60,000 support zone and BTC extended decline below USD 59,500. It is currently (11:51 UTC) down almost 6% and it could decline further towards USD 57,500. Besides, most major altcoins are gaining bearish momentum. ETH declined 5% and it broke the...

Localbitcoins P2P Exchange Launches Mobile App for Android


Peer-to-peer cryptocurrency marketplace Localbitcoins has announced the launch of a new mobile application for its global user base. The software is designed for devices running on Android. The app has been released in response to a growing number of mobile traders. P2P Crypto Market Localbitcoins...

ECB Appoints Advisory Group for Digital Euro Project


The European Central Bank (ECB) has appointed an advisory group for the digital euro project. Called the Digital Euro Market Advisory Group, it was founded with 30 members from business backgrounds. The council will have a say in the design, distribution, and value that this new digital currency...

Tether Trials Solution to Comply With FATF Travel Rule


Tether, the operator of one of the leading stablecoins in the crypto market has announced it will commence trials of a system that will allow the company to comply with the Financial Action Task Force (FATF) travel rule. The system, that is provided by Notabene, a company that offers ID and travel...

USD 500M Liquidated as Bitcoin Falls Below USD 60K, Ethereum Below USD 4K


Nearly USD 500m in long positions were liquidated across the crypto market in just one hour on Wednesday, as the price of bitcoin (BTC) fell below the psychologically important USD 60,000 level, and ethereum (ETH) dropped below USD 4,000. At press time (08:26 UTC), BTC was down by 7.5% for...

Tesla Informs SEC It May Restart Transacting in Cryptocurrencies


Elon Musk’s electric car company, Tesla, has informed the U.S. Securities and Exchange Commission (SEC) in a quarterly filing that it may restart the practice of transacting in cryptocurrencies for its products and services. Tesla suspended accepting bitcoin in May, citing environmental...

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