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Bitcoin and Altcoins Remain in Positive Area Despite Correction


Bitcoin price remained in a strong uptrend and it was able to climb above the USD 8,000 and USD 8,200 resistance levels. As a result, there was a solid rise towards USD 8,500 resistance before the price started a downside correction. On the downside, there are many supports near USD 8,200 and...

Korean Presidential Committee Pushes to Make Cryptocurrency Mainstream


A South Korean committee directly under the president has recommended several measures to the government that will make cryptocurrency mainstream. Emphasizing that “it is no longer possible to stop crypto asset trade,” the committee recommends integrating crypto into the country’s...

Bank Closures and Withdrawal Restrictions Anger Lebanese Citizens


Lebanese citizens have been dealing with economic hardship, as the country’s central bank imposed customer withdrawal limits last October. The problems have continued over the last two months, as ATMs have stopped dispensing cash and bank branches close doors in fear of angry clients....

Kraken Reveals 49% Increase in Law Enforcement Investigations


The publication of crypto exchange Kraken’s 2019 Transparency Report has provoked discussion about the scale of government surveillance. According to the report, Kraken received 710 requests last year (or two per day), impacting approximately 1,222 accounts. The report provides further...

Honk Launches Token Sale to Fund SLP-Powered Sports Betting Site


The team behind one of the most active tokens in the SLP ecosystem is launching a crowd sale to fund the development of a new sports betting site. The platform will require no identification from either users or investors, and will pay dividends directly in bitcoin cash and a number of supported...

Bitmain Responds to Layoff Rumors From Ousted Co-Founder Zahn


Ousted Bitmain co-founder Micree Zahn took to Weibo on Monday to speak out against a reported Bitmain “personnel optimization plan” which could purportedly see around 500 Bitmain workers dismissed by January 17. Chinese media broke the story last week citing inside sources at...

Bitcoin ETF May Be Approved in 2021 and Will Bring a Host of Benefits


Source: iStock/dima_sidelnikov American regulators are unlikely to green-light Bitcoin ETFs (Exchange-traded Funds) this year, but a China-based expert says that once approved, crypto ETFs will usher in a multitude of benefits to the industry. Matthew Graham, CEO of the China-based advisory...

Market Update: Top Cryptos Face Strong Resistance Ahead


On January 6, digital currency markets saw decent gains as the entire crypto market capitalization surpassed the $200 billion mark at 3:50 p.m. EST. Since then most cryptocurrencies have tested heavy resistance and a slew of assets are being held back. Moreover, crypto trade volumes have increased...

5th straight green day for Bitcoin What is happening


CoinMarketCap Daily Newsletter Your daily newsletter for 7 January, 2020 “The highest appreciation is not to utter words, but to liveContinue Reading The post 5th straight green day for Bitcoin What is happening appeared first on CoinMarketCap

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