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Bitcoin Is Back Above USD 15,000 For The First Time Since January 2018
5.11.2020
It took around a day for the most popular cryptocurrency, bitcoin (BTC), to jump from USD 14,000 to above USD 15,000 for the first time since January 2018.
At pixel time (16:03 UTC), BTC trades at USD 15,042 and is up by 8% in a day and 12% in a week. BTC rallied by 40% in a month and 60% in...
Stobox Offers a Better Way To Make Money in Crypto Than DeFi. Invest Like the Rich
5.11.2020
PRESS RELEASE. DeFi is a risky investment. It can deliver huge returns – but also you can waste all your money. Objectively, many DeFi projects are a scam, and if they give dishonest promises or steal your money you have no way to get your money back or find the responsible persons. For this...
Venezuela Unveils State-run Bitcoin, Litecoin, Dash, and Petro Exchange
5.11.2020
The Venezuelan government has doubled down on its pro-crypto stance by launching a crypto exchange – with support for Caracas’ petro (PTR) token as well as bitcoin (BTC), litecoin (LTC) and dash (DASH) pairings with the fiat bolivar.
In an official announcement from the National Superintendency...
Bitcoin Price Spikes Over 9% as the Crypto Asset’s Value Nears $15K
5.11.2020
The crypto economy has jumped over the $400 billion mark and is now hovering around $414 billion at the time of publication. The largest crypto asset in terms of market cap, bitcoin has over 9% during the last 24 hours steadily marching toward the $15k zone. During the last 30 days, Bitcoin (BTC)...
Russian Crypto Traders May Be Forced to Declare Earnings to the Taxman
5.11.2020
Russia’s parliament, the State Duma, will debate a new draft law that would force Russians to declare “electronic” asset earnings and holdings on overseas-based platforms – in a move that could potentially impact crypto traders.
Although the draft bill does not make specific mention of crypto...
$1 Billion Silk Road Bitcoin Moves for First Time in Five Years
5.11.2020
At least 69,369 bitcoins, worth about $955 million, were on Wednesday moved from a wallet address that may be linked to the collapsed Silk Road darknet marketplace. This is the first time that the funds have moved from the address — bitcoin’s fourth largest — since April 2015....
Bitcoin Inches Closer To USD 15,000, Analysts Eye Higher Levels
5.11.2020
After surpassing USD 14,000 yesterday, bitcoin (BTC) jumped above USD 14,800 today, reaching another almost three-year high, while analysts expect even a stronger rally.
At pixel time (12:50 PM UTC), BTC trades at USD 14,871 and is up by almost 8% in a day and 13.5% in a week. The most popular...
Gold Price Expected to Rally Despite Concerns About Lockdown 2.0
5.11.2020
Gold industry players say the inevitable printing of new money by the U.S. will lead to an increase in the circulating supply of fiat currency. This increase, in turn, will further dilute the value of U.S. currency and thus diminish its perceived status as the world’s foremost reserve...
Knife-edge Biden-Trump Showdown Has Crypto Backers on Both Sides
5.11.2020
As American voters face a nervous wait to see if Democratic candidate Joe Biden can edge out President Donald Trump in the recent United States election, it appears that some big crypto community players may be watching the vote counts with more trepidation than others – with Bakkt's parent and...
Hash Watch: Bitcoin Cash Services Reveal Contingency Plans for Upcoming Fork
5.11.2020
The Bitcoin Cash blockchain is set to upgrade on Sunday, November 15 and it’s still expected that the network will bifurcate. So far, a number of crypto services have revealed contingency plans for the fork, and today’s data shows that 754 out of 1,000 bitcoin cash blocks were mined...
Bitcoin At New High, Altcoins Gain Momentum
5.11.2020
There was a steady rise in bitcoin price above the USD 13,800 and USD 14,000 resistance levels. BTC even broke the USD 14,200 resistance and traded to almost a three-year high. It is currently (06:00 UTC) consolidating gains and trading well above the USD 14,000 support level.
Also, there...
83 Tons of Fake Gold Bars Backing $3 Billion Loans in China: This Man Claims to Know the Truth
5.11.2020
The gold industry was shaken when it was discovered that 83 tons of fake gold bars were used to back loans worth 20 billion yuan in China. While Chinese authorities have not said whether the real gold exists or where it is, an insider claims to know what happened. The Mystery Behind the Chinese...
BitMEX Completes Accelerated Verification, Secures 'Vast Majority' Of Volume
5.11.2020
Major crypto derivatives exchange BitMEX has completed their hastened user verification program, stating that it has secured the "vast majority" of its trading volume.
BitMEX gave its users until midnight (UTC time) on November 5 to complete the full verification in order to continue...
Bitcoiner Elected to US Senate: Cynthia Lummis Sees ‘Great Promise’ in Bitcoin
4.11.2020
A bitcoin hodler has won a U.S. Senate seat. Cynthia Lummis is a bitcoin owner who bought her first bitcoin in 2013 because she believes in the economic power of scarcity and the potential for bitcoin to address some of the manipulations in the financial system. Bitcoiner Wins Senate Election...
Covid-19: IMF Urges More Stimulus Support For Non-Contact Intensive Businesses
4.11.2020
The International Monetary Fund (IMF) is encouraging countries to create money to mitigate the effects of lockdown restrictions on economies. Specifically, the international lender wants businesses and workers displaced by the pandemic related responses to get financial support as they adjust their...
Bitcoin Above USD 14K While Prediction Markets Wave Goodbye To Trump
4.11.2020
Donald Trump. Source: a screenshot, Instagram/realdonaldtrump
The most popular cryptocurrency, bitcoin (BTC), jumped above USD 14,000 for the second time in a day, reaching almost three-year highs, while crypto prediction markets increasingly favor the Democratic candidate, Joe Biden, over...
US Presidential Election Unlikely to Alter Bitcoin’s Path: Analyst
4.11.2020
Crypto analyst George McDonaugh says that the U.S. presidential election is unlikely to change the bitcoin price’s upward trajectory. He draws on a number of fundamental and technical factors to illustrate his point. For example, McDonaugh argues that the recent surge in the price of bitcoin...
US Presidential Crypto Candidate Brock Pierce Yet to Break Silence
4.11.2020
Brock Pierce: Source: Twitter/@brockpierce
As President Donald Trump and his leading challenger, the Democrat Joe Biden, continue to claim victory in an exceptionally tight general election, the crypto community is on the lookout for its self-proclaimed champion Brock Pierce.
Today We Prove...
Bitcoin Bull Cynthia Lummis Wins US Senate Seat
4.11.2020
Cynthia Lummis. Source: Twitter/@CynthiaMLummis
The United States faces a nervous wait to see who has won the country’s general election with results too close to call in many states – but crypto advocates are already celebrating victory, with a known bitcoin (BTC) proponent winning a seat in...
Nearly USD 1B In Bitcoin, Possibly From Silk Road, Moved
4.11.2020
Nearly USD 1 billion in bitcoin (BTC) believed to be from the infamous Silk Road darknet market moved today, for the first time in five years, claimed blockchain tracker Elliptic.
According to their report, BTC 69,369 - currently (8:16 UTC) worth USD 945.4m - has been moved out of the bitcoin...