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Bitcoin Vs. Ethereum Price Analysis: Amidst the Sluggish Action, Both Coins Show Stability as of Now
27.7.2019
The Indian government official who headed the committee drafting the cryptocurrency bill and recommended for banning cryptocurrencies has applied for voluntary retirement. The sudden retirement is questioning; however, in the meantime, the crypto community has discredited the recommendations. Also...
GSR Together with Block Tower Capital has Successfully Conducted the First BTC Variance Swap
26.7.2019
After Introducing Cryptocurrency Variance Swaps back in April, GSR, together with Block Tower Capital, has successfully conducted the first BTC Variance Swap. Basically, a Variance Swap is a kind of financial derivative product. The main function of a Variance Swap is to allow institutions...
Bitcoin Price Analysis: BTC Value has Escalated by More Than 150% Since the Start of 2019
26.7.2019
BTC Current Statistics: Bitcoin is currently trading at $9719.99 at 07:03 UTC as on 26th July 2019. The other essential factors in the capitalization are as below: Return of Investment: 7106.53% Total supply/ Circulating Supply: 17,838,362 BTC/ 17,838,362 BTC 24 Hour Volume: 14,848,984,169 USD...
Bitcoin Vs. Ripple: The Value of XRP and BTC Dropped by More Than 3% Since Yesterday’s Highest
26.7.2019
President Nicolas Maduro of Venezuela has approved the authorization of using an application to collect the aeronautical taxes and convert the same into Bitcoin which are sanctioned at the airport. This might help BTC to raise its bars in terms of supplies and an increased number of users in...
SLP Developers Publish Specs for a Unique Type of Non-Fungible Tokens
26.7.2019
The Simple Ledger Protocol (SLP) has become a popular project within the Bitcoin Cash ecosystem because it gives anyone the ability to issue and transfer tokens in a permissionless fashion. Since the project was announced last year, there’s been a myriad of tokens created on the BCH chain....
Bitcoin Traces Bullish Trendline Within 4 Hours Despite Bearishness; Still Below $9800
26.7.2019
Bitcoin’s 4-hour chart shows slight uplift in the price BTC price traces bullish trendline; finds support at $9675.88 The coin is currently correcting down from $9799.46 Bitcoin continues to trade under selling pressure Yesterday’s bullish trend seems to be reversing as the coin has bearishly...
Ethereum vs Bitcoin: BTC Bulls Disappear Again, ETH Approaching $210
26.7.2019
Bitcoin price manifests gradual but heavy price fall; reaches below $9800 BTC price has broken below major support levels near $10,100 and $9962 ETH follows the suit, trades bearishly Although, the coin is holding above $210 Bitcoin price seems to have had a short-term bullish impact in its price...
Lightning Labs Designs Monitoring Tool for ‘Layer 2’ Bitcoin Network
26.7.2019
The lightning network, seen as the future of bitcoin payments, is now a bit easier to monitor. This Wednesday, Lightning Labs released a new network analysis tool dubbed “Lndmon” that bitcoin lightning network users can use to pull up data about the state of their node and the rest...
Bull Case for Bitcoin Weakest Since February, Price Indicator Says
26.7.2019
The bullish mood in the bitcoin market is at its weakest in five months, according to key technical indicator
Indian Government Official Resigns After Drafting ‘Flawed’ Crypto Bill
26.7.2019
The Indian government official who headed the committee which drafted the bill to ban cryptocurrencies has resigned after releasing the report and draft bill which the crypto community calls “flawed.” Meanwhile, the government has confirmed that cryptocurrency is currently...
Bitcoin and Altcoins Trading Near Make-or-Break Levels
26.7.2019
Yesterday, we saw a decent rise in bitcoin price above the USD 10,000 level, but also discussed hurdles near the USD 10,200 level. BTC/USD failed to continue above USD 10,200 and it started a downside correction. The price declined below USD 10,000 and tested the USD 9,650 support. Similarly, there...
GRAFT Launches Instant Payment Transactions on top of Privacy Chain
26.7.2019
Earlier this week, GRAFT opened up the testnet for its marquee feature – RTA, which stands for Real-Time Authorizations. The functionality has been much anticipated and was predated by the launch of the Supernode network back in March of this year. The underlying PoW network has been...
Bitcoin Price Analysis: BTC Returns from Momentary Upsurge; Crypto Market Goes Bearish
26.7.2019
Bitcoin slips below its major support level of $10,000 and $9800 in the past 24 hours. The market continues to oscillate between the bulls and the bears. If BTC price slid and plunges below $9500; it is ought to incur losses. Bitcoin (BTC) sighed relief to its loyalists and investors after it...
LedgerX gets a Green Signal from the U.S. Market Regulators
26.7.2019
The U.S market regulators have given a green signal to LedgerX. This approval has opened the gates to trade Bitcoin futures for the exchange. This new shift in the exchange’s portfolio is expected to bring in more growth and is being considered as a step towards the brighter future of...
Russian Manufacturers Want to Sell Arms ‘using BTC or Stablecoins’
26.7.2019
Soyuzmash, a body of Russian military and civilian vehicle makers wants the country’s Central Bank to grant it permission to accept cryptocurrency payments in international arms deals – as an attempt to circumvent sanctions. Soyuzmash’s proposal has the backing of the parliament’s defense...
How Government Agencies Make Criminals of Crypto Traders
26.7.2019
A New Jersey man has been indicted this week for converting over $2 million to bitcoin and operating a private exchange business not registered with the U.S. Secretary of the Treasury. According to a July 24 press release by the U.S. Attorney’s office, 46-year-old William Green could face...
Florida-based Firm ‘Letting Venezuela Dodge US Sanctions with Bitcoin’
26.7.2019
Venezuela is reportedly using cryptocurrencies like bitcoin to sidestep American sanctions using a Florida-based company – while the country’s financial regulator has green-lighted wide-reaching crypto pay measures for its own Petro token.
Per a report published earlier this week by Spain’s...
DOJ Says Bitcoin Escrow Firm Bilked Investors for $7 Million
25.7.2019
U.S. prosecutors have charged the head of a bitcoin escrow company with defrauding investors for $7 million.
Venezuelan Government Accused of Using Bitcoin to Bypass US Sanctions
25.7.2019
Nicolás Maduro and the United Socialist Party of Venezuela have been accused of circumventing financial blockades imposed by the U.S. government. According to local reports, Maduro’s regime evades sanctions with cryptocurrency alongside an airline application called Jetman Pay....
Venezuela Turned Airport Taxes Into Bitcoin to Avoid Sanctions: Report
25.7.2019
Venezuelan President Nicolás Maduro and his administration are said to be using proceeds from the airline industry – and cryptocurrency – to avoid sanctions