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Major German Coop Bank Passes Negative Interest Rates to Customers
9.10.2019
One of Germany’s largest cooperative banks has begun charging its retail customers a negative interest rate. Other major banks could follow suit since the European Central Bank cut the deposit rate to a record low. Deutsche Bank recently said that it needs to be “much more robust about...
Bitcoin Stalls Recovery; Stagnates Around $8200
9.10.2019
Bitcoin is down by 0.68% over the past 24 hours. The next resistance is likely to come at 8,355 USD. Bitcoin seems to have stalled its recovery process, and over the last 24 hours, it has lost 0.68% to fall below 8,200 USD. The four major price swings have given the overall price trend...
Can Bitcoin Lead the Market to Bull After the Recent 5.9% Hike?
8.10.2019
Bitcoin gains 5.9% in the last 24 hours The next resistance may fall at 8555 USD Bitcoin (BTC) has finally poured some hope by yesterday’s movements. In the last 24 hours, it has gained 5.9% and the value has surpassed the 8,300 USD price level. All the three price swings in this period were...
Matt Dickson Opens Up Blockchain Gambling Technology at the Seoul Conference
7.10.2019
The gambling industry is at the brim of subsiding with the blockchain industry and feels that it needs a number of different resources and solutions to be properly equipped to leverage its potential. Bitboss is the creator of blockchain-based solutions for the gaming industry that involves...
Indian Supreme Court Sets Date to Hear Crypto Case Next Week
7.10.2019
The Supreme Court of India has confirmed a new date to hear the crypto case after multiple delays. During the last hearing, the court directed the Reserve Bank of India (RBI) to reply to crypto exchanges’ representation within two weeks, which the central bank has done. Also read:...
Bitcoin Reaches Abysmal Low at $7800
7.10.2019
Bitcoin loses 4.6% to touch 7,700 USD over the last 24 hours. With an overall downtrend, it is likely to fall to the support of 7,500 USD and 7,300 USD. Bitcoin gets hit by a roadblock and the value has fallen by 4.6% over the last 24 hours, trading as low as 7,700 USD manifesting …
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Bitcoin (BTC) Follows Bearish Path Below the Support of $8100
6.10.2019
Bitcoin has been performing well since the beginning of the year and this proved to be one of the highest profits generating years for its traders and investors. BTC price moved as high as $13,129 this year, and it can be expected that the coin may cross this value again soon. Hence, investments...
Bank Raided, Arrests Made but RBI Still Restricts Withdrawals
6.10.2019
The crisis has elevated at the cooperative bank recently placed under regulatory restrictions by India’s central bank. Multiple branches have been raided and several arrests were made. However, the RBI continues to impose a withdrawal limit, preventing bank customers from accessing their...
Bitcoin (BTC) Records 25% Drop From $10,900 to $8150 Since the Last Month
5.10.2019
Bitcoin price is strongly supported at $8100 The price of BTC may surge up to next resistance $8300 Bitcoin has never gained so much attention than this year since the day of its inception. BTC has established itself as the potential substitute for conventional currencies across the globe. It...
Asset Management Firm Stone Ridge Files Prospectus for New Bitcoin Futures Fund
5.10.2019
Stone Ridge Asset Management has filed a prospectus with the regulatory watchdog, U.S Securities, and Exchange Commission to launch a new Bitcoin futures fund. Dubbed by the name of the NYDIG Bitcoin Strategy Fund, the prospectus was filed by the firm with the regulator for its highly anticipated...
Bitcoin Price Continues the Downtrend; Deals Around $8,000
4.10.2019
Bitcoin’s price remains stable at $8,000 The intraday loss is expected to turn into profit The market started the day with the bearish trend; the fall in the market was quite heavy. There was no expectation of improvement. However, the day moved ahead and the price started recovering. Many...
John McAfee Stands By His 1 Million Dollar BTC Price Prediction
4.10.2019
It’s nothing new for Bitcoin price prediction to create a stir, especially when it comes from a veteran crypto proponent like John McAfee, who is also the founder of McAfee Associates, one among the leading software security firms. He had predicted in the year 2017 that the number...
Bitcoin Mining: An Evolution from CPU to ASIC
4.10.2019
To a newcomer, the cryptocurrency market might seem like any other industry and some might even be intimidated by it. Scarcely would anyone believe that it is only 10 years old. In 2008, it was just a hobby for some scholarly enthusiasts motivated probably by ideals like breaking free from...
RBI Ban Stops Indian Police From Cashing Out Seized Crypto
4.10.2019
The effects of banking restrictions by the Reserve Bank of India (RBI) have reached an Indian police department. The police sold some cryptocurrencies they seized only to find out that they cannot access the Rs 8.42 crore (~$1.2 million) proceeds due to the current RBI banking ban. Also read:...
Mark Cuban Thinks Bitcoin as Less Useful Than Both Bananas and Baseball Cards
3.10.2019
In the global financial ecosystem, cryptocurrencies especially Bitcoin has evolved as a lucrative yet controversial element that has brought the biggest names of the industry running after it. While Facebook’s leader Mark Zuckerberg is ready to replace Bitcoin with his stablecoin Libra, Jack Dorsey...
Bitcoin (BTC) Recovery Rally Comes to a Standstill Around $8,000
3.10.2019
The traders in the crypto market are going through an adventurous phase. If we talk about last three days, Bitcoin (BTC) was dealing at $8,400 on October 01, $8,300 on October 02, and today, it is at $8,300 and moving towards $8,400 again. This fluctuation in the coin is pointing towards...
No Victim, No Crime: How the Darknet Drug War Is Ruining Young Lives
2.10.2019
There aren’t many areas of modern society unaffected by the draconian war on drugs, and non-violent crypto exchange is no exception. Two San Diego men in their twenties reportedly pleaded guilty on Monday to charges of money laundering conspiracy, for selling cannabis on the darknet...
New Evidence Escalates Panic as RBI Still Limits Bank Withdrawals
2.10.2019
Customers of a cooperative bank with 137 branches across India still do not know the fate of their money, which was restricted by the central bank. Evidence of alleged bank fraud has since surfaced, but the RBI still insists that India’s banking system is safe, despite many citizens being...
Innosilicon’s Bitcoin Mining Farm Catches Fire Leading to Loss of Nearly $10 Million
2.10.2019
The early morning hours of September 30, 2019, shocked the crypto world to the core with the outbreak of the devastating news of a major fire breakout. A nine-minute long video circulated on Twitter by bitcoin miner, Marshall Long showed the burning down of a large bitcoin farm in China....
Band Protocol Launches its Mainnet and its First dApp, BitSwing
2.10.2019
A blockchain startup supported by venture capital firm Sequoia India, Band Protocol, has launched its mainnet along with the first decentralized application (dApp) known as “BitSwing” which permits the users to trade Bitcoin (BTC) binary options, a kind of derived product. Disclosing...