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Bitcoin’s Month-Long Plunge Sees a Break; Starts Forming Higher Highs

30.11.2019
BTC is driving the market towards its weekly high as it is heading to cross $7800 with a positive bias. The leading crypto coin had started an uptrend around five days ago when the price faced bottom well below the key support levels. Now, when Bitcoin is recovering its loss of valuation, it is...

BCH’s Little Steps May Not Suffice to Recover from the Recent Price Decline

30.11.2019
Bitcoin Cash went through huge volatility in the last three months making a loss of 19.39% It may find the next resistance at $227.52 Bitcoin Cash (BCH) price has been down by 19.39% over the last three months, and the value has now fallen to as low as 224 USD from 278 USD. It has … The post...

Crypto Community Erupts Over Ethereum Foundation Member’s Arrest

30.11.2019
On Friday the United States Attorney’s Office for the Southern District of New York (SDNY) announced the arrest of Ethereum Foundation member Virgil Griffith for allegedly “assisting North Korea in evading sanctions” by teaching “his audience how to use blockchain...

Bitcoin Cash Double Spend Statistics Invoke 0-Confirmation Debate

29.11.2019
On November 28, the creator of doublespend.cash, a web portal that tracks and collects double spend attempts on the Bitcoin Cash network, explained that only 1 out of 1,105 double spends succeeds when they broadcast one second after the first transaction. The website’s creator highlighted...

German Banks Authorized to Store and Sell Cryptocurrency in 2020

29.11.2019
Next year German banks will be able to manage cryptocurrencies like bitcoin after the fourth EU money laundering directive goes into effect. The directive passed in the German parliament, Bundestag, allows banks in the country to act as cryptocurrency custodians rather than rely on third-party...

Photonics Bitcoin Mining Tech Aims to ‘Democratize’ Energy Use

29.11.2019
Three researchers have published a paper at Cornell University’s arxiv.org proposing a system called Optical Proof of Work (OPOW) to potentially be employed in Bitcoin mining. According to the paper, “heavy reliance on electricity has created scalability issues, environmental concerns...

BCH Trades Above $220, Gets Grounded Support from Short-term MAs

29.11.2019
Bitcoin Cash falls from a price peak of $243.2 to $222.2 in a span of 7 days BCH price is supported by the short-term moving averages Bitcoin Cash is trading persistently above $200 since past three days, despite sailing under utter selling pressure Bitcoin Cash (BCH) price exhibits the S/R flip...

Crypto Employees in China Work From Home to Avoid Government Pressure

29.11.2019
Not too long after embracing blockchain, Beijing has made it clear, one way or the other, that it didn’t mean Bitcoin. Increased scrutiny over the cryptocurrency sector and harsh measures against some companies have been implemented to supposedly protect citizens from scams. Sources say...

Is Russia Set to Ban Bitcoin Pay?

29.11.2019
Russia’s increasingly confusing cryptocurrency policy continues to develop – and the latest curveball is a proposed ban on payments made using Bitcoin and other cryptocurrencies. Per a report from media outlet Izvestia, the country’s Central Bank and the regulatory Federal Financial Monitoring...

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