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Bitcoin vs Ripple: BTC & XRP Both Are in Negative; Early Recovery Seems Unlikely
17.8.2019
Bitcoin is down by 0.22%, and Ripple lost 0.94% in the last 24 hours. Both the coins may take more than usual time to see a recovery. BTC and XRP, as two of the high ranked coins, have not been able to yield any significant growth over the last 24 hours. However, Bitcoin price got …
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Bitcoin Cash (BCH) Reflect Moderate Movement, Ethereum (ETH) & Ripple (XRP) Suffer From Heavy Loss
17.8.2019
Ethereum (ETH/USD) Price Analysis: Ethereum is the second-largest coin in the world. The coin opened with a downtrend. The coin recently experienced a heavy pullback in price due to the market pressure. The currency was trying to improve, but once again, the coin fell. Let’s have a look at...
How Coinbase Quietly Became the World’s Biggest Bitcoin Bank
17.8.2019
On August 15, the San Francisco-based digital currency exchange Coinbase announced that it had acquired the cryptocurrency custody service Xapo’s institutional branch. The business move puts Coinbase in the limelight, making it the largest custodial service for digital assets worldwide, with...
These Bitcoin Users Want DAI and DeFi – Here’s How They Plan to Get It
16.8.2019
The Cross-Chain Working Group project will (almost) enable bitcoin transactions on ethereum, opening up a new world of interacting smart contracts
Bitcoin Cash Price Analysis: BCH Price Escalated By 9% Since Yesterday’s Fall
16.8.2019
BCH coin was valued at as low as $277.9 on 16-July-19 at 19:00 UTC. With a couple of price surges over the next few days, Bitcoin Cash managed to reach $340.8 on 20-July-19 at 16:30 UTC. However, it could not maintain its performance at this level and started to decline. Towards the end of July...
Ethereum vs Bitcoin: BTC Reclaims $10,000, ETH Still Appears Well Below $200
16.8.2019
Bitcoin has recently managed a mild price recovery, trades above $10,000 ETH has also rebounded from $175.94, but is still around $183 BTC appears to have a support above $9500, ETH may see support around $183 Bitcoin, after a remarkable bearish phase is ready to take the crypto market up as...
Bakkt Says It’s ‘Cleared to Launch’ Bitcoin Futures Next Month
16.8.2019
Bakkt says it will launch Sept. 23 after receiving a trust charter through the New York State Department of Financial Services
China’s Digital Fiat Wants to Compete With Bitcoin – But It’s Not a Crypto
16.8.2019
China may be about to launch a fiat digital currency, but in all likelihood, it will only resemble a cryptocurrency on the surface
Want to Buy ‘Virgin Bitcoin’? Be Ready to Pay 20% More, Says CEO
16.8.2019
Buyers of so-called "virgin bitcoins" are paying up to 20% more for coins with no transaction history, Flex Yan, CEO of Babel Finance, a Hong Kong-based crypto financial services company, claims.
In a recent opinion piece, published by Bitcoin Magazine, he said that demand for the virgin coins...
Bitcoin Price Analysis: BTC is All Set to Reclaim $10,000 Again, Though with Stability this Time
16.8.2019
Bitcoin is gearing up for a bull-run, shows positive signs BTC has recently topped $10,000; may rally further Bitcoin has recently formed a support near $9800, technical picture appears bullish A stable surge above $$10,600 is a must for a notable price leap Bitcoin investors can brace themselves...
Coinbase Custody Acquires Xapo, Sees $7 Billion Growth
16.8.2019
Today, Coinbase Custody has announced that it has completed the acquisition of Xapo’s institutional businesses. Coinbase Custody has acquired 55 Million U.S. Dollars, Xapo’s institutional business. The platform was in stiff competition with major investment company- Fidelity, who was also...
Man Offering Hacking Services for Bitcoin Gets 20-Month Jail Sentence
16.8.2019
A British man has been handed jail time and ordered to forfeit over £400,000 ($487,000) for offering hacking services and stolen data for crypto
Bitcoin Vs. Ripple: Ripple’s Growth Pattern Seems like the Shadow of Bitcoin’s Trend
16.8.2019
Bitcoin has started recovering from the price correction of the last few days. Ripple may take some more time to reach its target. Bitcoin, after the last few days of struggle, has now risen and it is racing towards 10,000 USD currently. On the other hand, Ripple has not shown any signs of growth...
Electricity Theft for Bitcoin Mining Imposes Loss of $25 Million in Malaysia
16.8.2019
Bitcoin Mining is a power-intensive activity, and it consumes a lot of electricity. A report by Cambridge last month showed that Bitcoin consumes more electricity than the entire country of Switzerland. While the cost involved is huge, it can be devastating to electricity manufacturers...
Bitcoin Defends Price Support, But Bear Case Still Intact
16.8.2019
Bitcoin has bounced from key price support, but the outlook remains bearish as long as prices hold below Thursday's high of $10,445
Ponzi Accused of USD 2B Heist & BTC Crash, Analysts Disagree
16.8.2019
In the past couple of days, the Cryptoverse was filled with discussions about an alleged Chinese ponzi scheme selling bitcoin and causing a crash, but according to cryptocurrency analyst group TokenAnalyst, that may not be the reason.
Dovey Wan, a founding partner of California-based investment...
Bitcoin and Altcoins at Continued Risk of Weakness
16.8.2019
After a strong decline, bitcoin price recovered above the USD 10,000 resistance level. BTC/USD even traded above USD 10,150, but it struggled to gain strength above USD 10,350 and USD 10,400. As a result, the bears took back control and pushed the price back below the USD 10,000 support level....
Hong Kong Protest Leader Hopes to Incite Run on Chinese Banks
16.8.2019
The 11th week of protesting in Hong Kong has passed as the world has witnessed massive sit-ins at the national airport and demonstrations across several locations citywide. The 2019 anti-extradition bill protests have affected Hong Kong’s local economy, investors have dumped on the benchmark...
Bitcoin Price Analysis: Bitcoin (BTC) Performs a Quick Recovery by Rising Above $10,000
16.8.2019
Bitcoin recovers quickly from yesterday’s bloodbath; it is hovering around 10,300 USD. Bitcoin’s last month’s performance hints at a price rally at the earliest. After Yesterday’s quick fall below 10,000 USD, Bitcoin has been able to recover towards the closing of the day. Over the last 30 days,...
A Big Four Audit Firm Lost $1 Million In Bitcoin. Victims Are Losing Patience
16.8.2019
QuadrigaCX creditors are losing patience with their court-appointed law firm, demanding answers about the effort to recover their funds