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Kerala Outlines Plans to Become India’s Blockchain Hub
9.1.2020
The Indian state of Kerala is actively exploring using blockchain technology to improve a wide range of existing systems, including financial. Thousands of people are already being trained in the state to become blockchain experts, some of whom have already graduated, according to the state’s...
Bitcoin and Altcoins Turn South But Key Supports Intact
9.1.2020
Bitcoin price struggled to continue above the USD 8,450 and USD 8,500 resistance levels. As a result, BTC/USD started a downside correction below the USD 8,350 and USD 8,200 support levels. The price even traded below USD 8,000, but it is holding the key USD 7,850 support (09:00 UTC).
Similarly...
Why the Counter Economy Is Necessary to Bitcoin’s Survival as a Disruptive Currency
9.1.2020
As Bitcoin is adopted by more and more traditional financial institutions, and becomes regulated by governments worldwide, the question of its survival as a truly disruptive alternative to legacy financial systems is raised. After all, if governments like Qatar’s can ban it, and international...
Is Bitcoin Mining hazardous to the Environment?
9.1.2020
The enormous consumption of electrical energy in the mining of Bitcoin has been a burning issue of debates over the past few years. Bitcoin was invented in 2008 by Satoshi Nakamoto when the world was going through the dark cloud of the financial crisis. The financial catastrophe in 2007–2008...
Bitcoin History Part 23: The First BTC Escrow
9.1.2020
Before the emergence of crypto exchanges and trustless multi-sig, early bitcoiners saw the need for an escrow service – a mediator to act as a go-between for strangers transacting online. Given the panoply of options now available, it is strange to think that escrow was once provided by a...
Price Analysis Jan 8: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XMR, ADA
8.1.2020
The dips should be viewed as a buying opportunity as long as the support levels hold. Let’s identify the critical levels to watch out for
Travis Kling on Bitcoin as a Safe Haven Asset
8.1.2020
Ikigai’s Travis Kling looks at BTC's correlation to gold and crude in response to Iran missile strikes, plus SEC priorities and Congressional intrigue
Federal Reserve Considers Creating a Separate Entity for Cash Injections
8.1.2020
While American President Donald Trump wages war with Iran, the U.S. Federal Reserve has continued to inject fresh capital into the hands of private banks by giving them $100 billion in overnight and 14-day repos on Tuesday. The same day, Rabobank strategist Philip Marey predicted the central bank...
Bitcoin Price Retreats to $8K as Trump Defuses Potential War With Iran
8.1.2020
#Bitcoin safe haven narrative persists with price dropping after Trump suggests no military action will be taken against Iran
Former Bakkt CEO and New US Senator Loeffler Will Help Oversee CFTC
8.1.2020
Former Bakkt CEO and Georgia's new Senator Kelly Loeffler will help oversee the CFTC, a major financial regulator in the U.S
A Russian Nuclear Plant Is Renting Space to Energy-Hungry Bitcoin Miners
8.1.2020
A state-owned nuclear power plant in Russia may soon fuel a bitcoin mining hub
Crypto Tax Reporting Failures Can Be Expensive, Even Criminal
8.1.2020
Be careful with cryptocurrency taxes because mistakes — even accidental ones — might cost you
Bitcoin Price Will Be Golden in 2020 Thanks to Limited Supply, Increasing Use: Bloomberg Report
8.1.2020
Bitcoin, like gold, is a limited asset that can't be easily increased to meet demand. Bloomberg analysts predict the price of both will rise this year
Japanese Firms SBI and GMO Join the Digital Gold Rush in Texas
8.1.2020
The city of Rockdale, Texas is attracting attention again, similar to the interest the region saw back in the fifties when the Alcoa aluminum smelting facility set up shop. These days, Rockdale’s change is due to the influx of bitcoin miners coming to town from all around the world....
Google Trends Sees ‘Bitcoin Iran’ Surge 4,500% on Safe Haven Narrative
8.1.2020
Google search interest in both Bitcoin and its relationship to Iran has exploded this week, but analysts remain skeptical
BTC Hits Major Resistance at $8k; Manifests Possibility to Breach $10k
8.1.2020
Bitcoin (BTC), at the time of writing, was trading at $8,324.48 and is seen trading in the green with an intraday bullish move. Just when we thought that we are losing on BTC investments, the king of the cryptocurrencies started to show its power. After a despairing latter half of the bygone year...
Binance Donates $1 Million in Crypto for Australian Bushfire Relief
8.1.2020
The cryptocurrency community is again showing its commitment to support charitable goals around the world. Binance, the most active international digital asset exchange, has donated $1 million to help with Australian fire relief efforts and invites the community to join the initiative. The recent...
Report: Cryptocurrencies Show Signs of Maturing But Remain Too Risky
8.1.2020
Volatility and correlation decreased for Bitcoin, but crypto markets remain less profitable than stocks when adjusted for risk
Bitcoin Still Uncorrelated with Gold & Stocks; A New Trend Emerging?
8.1.2020
Bitcoin (BTC), the best performing asset of the last decade, ended 2019 on a far better note than both gold and the U.S. S&P 500 stock index, while still remaining uncorrelated to traditional assets, a new report from crypto exchange operator SFOX noted. However, there might be a new trend forming...
Bitcoin May Follow Gold With Significant Price Breakout
8.1.2020
Bitcoin looks set to take a page out of gold's book and confirm a price breakout on the weekly chart