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Bitcoin’s Network Hashrate Plunges To 40% Flash Crash
25.9.2019
A piece of shocking news was observed in the industry after Bitcoin’s network Hash rate was dipped to record low at 57,700,000 TH/S from 98,000,000 TH/S. Within 14 hours, Hashrate dipped sharply to half of its previous value, which indicates that almost half of the security has been removed, which...
Japanese Cryptocurrency Giant BitFlyer Introduces 5 New Altcoins
25.9.2019
The Tokyo based crypto exchange BitFlyer is incorporating new 5 altcoins to its portal in the USA and Europe. Five altcoins are added in Europe, and three in the United States. In a recent Bitwise report, bitFlyer was acknowledged as ‘Real-10’ crypto firm in a report to the U.S. Securities...
Bitcoin (BTC) Faces Mayday, After 11% Loss it Confines to $8600
25.9.2019
BTC loses big over the last 24 hours to be placed at 8600 USD. It may seek the support of 8059 USD soon. Bitcoin has witnessed one of the worst days of recent times. Over the last 24 hours, it has been down by more than 11% and the value has been fallen to 8600 …
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Panic at 137 Bank Branches as RBI Limits Withdrawals to ₹1,000
25.9.2019
The Reserve Bank of India has imposed regulatory restrictions on a cooperative bank with 137 branches across India, including limiting customer withdrawals to a total of 1,000 rupees (approximately $14) per account for six months. Police personnel had to be deployed to control angry customers...
Blockstack CEO Backs US Regulatory Outlook on Crypto
24.9.2019
Notable co-founder and CEO of blockchain-based computing network, Blockstack, Muneeb Ali has created a buzz with his statement on crypto regulatory regime. The spearhead in a recent interview on CNBC’s “Squawk Box” stated that he was cautiously optimistic about the regulatory pull emphasized by...
Bitcoin Loses Big in One Day; Falls to $9600
24.9.2019
Bitcoin loses 2.68% to reach 9600 USD overnight. The next support for BTC may come at 9496 USD. Bitcoin (BTC) has taken a drastic move over the last 24 hours and with an overall fall of 2.68%, it is now down to 9681 USD. It has shown five huge price swings in this period with …
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Kate Winslet Latest in the List of Celebrities Used for Crypto Frauds, Lashes Out at Scammers
23.9.2019
Acclaimed British actress Kate Winslet has become yet another celebrity victim of crypto frauds, as her image was maliciously used, outside her knowledge to promote a crypto trading platform. While she has lashed out at the scammers as soon as her team learned about the scam, the damage it does...
Bakkt Bitcoin Futures Contracts Went Live on September 23, 2019
23.9.2019
The long-awaited Bitcoin warehouse and futures contract facilitator, Bakkt platform witnessed its celebratory launch on Monday, i.e., September 23, 2019. After facing two delays and 13 months of scrutiny, the Intercontinental Exchange-backed, Bakkt opened doors for institutional investors to trade...
Bitcoin is Blooming as Deliverable Futures Begin Trading
23.9.2019
Bitcoin, the number one digital currency, is blooming and can experience an extended interest in future even from the conventional investors. That’s because Intercontinental Exchange Inc. is launching futures contracts on Monday which could lead to the delivery of crypto. It can be the beginning...
Google Attains “Quantum Supremacy”; Bitcoin Under Threat?
23.9.2019
In the previous week, tech giant Google made a quiet announcement about achieving Quantum supremacy. The announcement started a row of speculations regarding the company’s new achievement having adverse effects on digital currencies, such as Bitcoin, as well as the blockchain technology. So, does...
New York Stock Exchange Parent Firm Starts Futures Trading in Bitcoin
23.9.2019
New York Stock Exchange owner Intercontinental Exchange Inc. (ICE) is launching futures trading in Bitcoin on its cryptocurrency arm Bakkt Trust Co, from today. Earlier in August, ICE had secured US government approval for futures trading in Bitcoin for Bakkt. Bakkt will give investors the option...
CME Group Declares Launch Options on Bitcoin Futures Contracts
23.9.2019
Recently, The Chicago Mercantile Exchange (CME) Group, the world’s outstanding and most assorted derivatives market place, reported that it would initiate options on its Bitcoin futures contracts in the first quarter of 2020, pending regulatory audit. This development was declared in a recent...
Bitcoin’s Downtrend Continues; Falls Below $10,000 Overnight
23.9.2019
Bitcoin goes below 10,000 USD in the last 24 hours. The next support for BTC may come at 9870 USD. Bitcoin (BTC) has been hit by the current slowdown of the whole crypto market and it halted all attempts of recovery from the last week’s fall. In the last 24 hours, the value has gone...
SEC Chairman Feels Bitcoin Trading Needs to Be ‘Better Regulated’ Prior to Major Listings
21.9.2019
SEC chairman, Jay Clayton perceives the bitcoin trading to have one serious hurdle. On Thursday, in a statement, he said that Bitcoin would require more stringent and robust regulation till it’s pertinent to be traded over major exchanges. Till then, investors must invest wisely. Clayton is lately...
Proof-of-Diversity: A Novel Solution for Limitless Blockchain Scalability
21.9.2019
Bitcoin has persisted for over a decade. Throughout that time frame, more and more individuals have found themselves more cognizant of and interested in BTC and crypto as a whole. However, the massive growth in price and participation has not been reflected by improvements to the network. Once upon...
Bitcoin Fails to Keep the Recovery Alive, Falls 0.78% Overnight
21.9.2019
Bitcoin fails to maintain its recovery process and got down by 0.78% overnight. The next resistance may come at 10,420 USD. Bitcoin seems to have failed in the process of maintaining the recovery, and it has been down by 0.78% in the last 24 hours. The current value has reached 10,130 USD at...
Taurus and Arab Bank, Switzerland Partners Up To Provide Crypto Services
20.9.2019
The sister branch of one of the banking giants in the Middle East, Arab Bank Switzerland has entered into a partnership with the Swiss-based blockchain technology firm, Taurus, to offer its affluent clients, a platter of services on crypto assets. These services would include custody, brokerage...
Now Buy Bitcoin from Any 7-Eleven Store in the Philippines
20.9.2019
Abra, a renowned cryptocurrency wallet application, has begun selling digital currencies for cash across all the 7-Eleven stores based in the Philippines. The company has achieved this feat through its latest collaboration with ECPay, Philippines’ eminent electronic payment service provider. Abra...
Bitcoin Starts Recovery; Gets Back to its Old Fort around $10,200
20.9.2019
Bitcoin starts recovery and gains 1.35% overnight to touch 10,200 USD. The next resistance for BTC may come at 10,424 USD. Bitcoin (BTC) has been able to start its recovery process after the last few days of the grimy movement pattern. In the last 24 hours, it has been up by 1.35% and it...
Turkey’s National Blockchain Infrastructure Welcomes DLT, Blockchain, BTC, Blockchain-based Gold Trading and Much more!
19.9.2019
Yesterday, during the Strategy 2023 presentation, which took place in Ankara, the Ministry of Industry and Technology shared its blockchain ambition. Soon we may get to see a national blockchain infrastructure in Turkey. Reports say that the country’s government is looking into using...