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Bitcoin (BTC) Trades Under the Big Falling Wedge

31.12.2019
Volatility is incoming as daily prices may see a rise in value to test the trendline at $7600. Weekly BTC prices are still trading inside the declining channel and can go down further to complete this pattern. Bitcoin Price Prediction Weekly prices are trading at a 61.8% Fib level and it...

Bitcoin’s Next Decade Will Be Shaped by Derivatives

31.12.2019
The last five years have been a test phase for bitcoin derivatives, which began tentatively when Bitmex eased into life in 2014. Now, as the cryptoconomy prepares to enter a new decade, derivatives products will play a pivotal role in price discovery. 2020 will be a big year for bitcoin and for...

Bitcoin and Altcoins Bullish Bias Intact Despite Recent Dip

31.12.2019
Recently, bitcoin price trimmed most gains and declined below the USD 7,350 support. Moreover, BTC/USD declined below the USD 7,250 support and traded close to the USD 7,150 support. The price is currently (09:00 UTC) trading in a range and seems to be preparing for a fresh increase towards...

Number of Israeli Blockchain Companies Grew by 32% in 2019

31.12.2019
Despite the harsh market conditions this year, high profile closures of a few ventures and a lot of employee downsizing, the number of companies operating in the blockchain and cryptocurrency fields in Israel actually grew by 32% in 2019. Also Read: Bankrupt DX Exchange Didn’t Pay Israeli...

Debate Ensues After 68% of BCH Hashrate Mined by Stealth Miners

31.12.2019
2019 was known for the growing trend of stealth miners mining on the BTC and BCH network. On Dec. 30, data shows that 68% of the Bitcoin Cash network’s hashrate is being mined by mystery miners. As the year comes to an end, the large number of unknown BCH hashrate has attracted scrutiny. Also...

The Biggest Crypto Winners and Losers of 2019

30.12.2019
Will Facebook succeed in launching Libra in 2020? Will Craig Wright ever stop claiming to be Satoshi? Who will win among the bitcoin bulls and bears? Take a look at the biggest crypto winners and losers of 2019

South Korea Imposes $69M Tax Obligation on Crypto Exchange Bithumb

30.12.2019
The National Tax Service of South Korea (NTS) has decided to withhold income tax from Bithumb’s foreign customers. The total tax to be imposed on their transactions amounts to more than 80 billion won (over $69 million), the leading Korean cryptocurrency exchange announced. Also read: Poles...

Ethereum Proponent Virgil Griffith Deemed a Flight Risk, Judge Denies Bail

30.12.2019
U.S. law enforcement filed in November criminal charges against Ethereum researcher Virgil Griffith because he traveled to North Korea and taught “his audience how to use blockchain technology.” Griffith was arrested on Thanksgiving Day and has been forced to remain in prison the whole...

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