Search
Crypto Adoption in India About to Get More Physical + More News
27.10.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crypto adoption news
UK-based financial firm Cashaa formed a joint venture with The United Multistate Credit Co. Operative Society, UNICAS,...
If Bitcoin Passes $14K, Analysts Say Traders ‘Should Look to $20,000’ Instead of Looking Back
27.10.2020
While bitcoin prices touched all-time 2020 highs on Tuesday, a few analysts say they are expecting only a few more hurdles to surpass the 2017 all-time high (ATH). For instance, the market analyst from Etoro, David Derhy, says to look to $20,000 instead of back at $12,000. A few traders and popular...
Coronavirus Crisis Driving US Investors to Bitcoin, Survey Finds
27.10.2020
The coronavirus pandemic appears to have had more of an effect on the American bitcoin (BTC)-buying community than first thought, per a new survey.
According to a Grayscale-commissioned online survey of 1,000 USA-based general investors aged between 25 and 64 and conducted between June 26 and July...
Southeast Asia’s Largest Bank DBS Plans to Launch a Cryptocurrency Exchange
27.10.2020
The Singaporean multinational banking and financial services corporation DBS published an announcement revealing it was launching a cryptocurrency exchange. The announcement was later removed by the company but crypto proponents have learned about the upcoming support for assets like bitcoin...
Banking Giant With 11m Clients May Be on Verge of Launching Crypto Exchange
27.10.2020
Major Asian bank, Singapore’s DBS, could be set to debut a crypto and securities token exchange – offering trading in bitcoin (BTC) and three major altcoins against not only the fiat Singapore dollar, but also three other major international currencies.
A DBS page devoted to what the bank seems...
WEG Bank Plans Crypto Custody With New Partnership
27.10.2020
Germany-based WEG Bank about to step up its crypto-related business as its fintech division TEN31 has teamed up with Munich-based white-label crypto custody provider Tangany to offer crypto custody solutions to its customers.
According to the bank, this is "the next logical step"...
Russian Central Bank Chided for ‘Deliberately Slowing Crypto Progress’
27.10.2020
Yuri Pripachkin, the head of the Russian Association of Cryptocurrencies and Blockchain. Source: a video screenshot, Youtube/FINAM
The head of a Russian crypto and blockchain industry group has launched a stinging attack on the nation’s Central Bank (CB), essentially accusing it of purposefully...
South African Regulator Raids Home of Key Members of an Alleged Crypto Ponzi Scheme
27.10.2020
A South African regulator along with the country’s police have reportedly seized electronics devices and computers belonging to two principal members of Mirror Trading International (MTI), an alleged bitcoin Ponzi scheme. The raid at Clynton and Cheri Marks’ home on October 26...
Onchain Data Shows Rising Bitcoin Whale Index Surpassing 4-Year High
27.10.2020
Onchain analytics from the research and analysis firm Glassnode shows that the number of bitcoin whales (addresses with at least 1,000 bitcoins) has surpassed 1,900 clusters. The number of network participants in terms of 1,000 coin whales hasn’t been this high since 2016. Seven-day trailing...
Celebrate this Halloween with Spookalicious Casino Games and Get Rewarded
27.10.2020
It’s Halloween! Play spooktastic casino games and celebrate this hallowed festival with Bitcoin Games as they promise the most Harrowing Halloween you’d ever experience! Zombies???? Monsters???? Vampires???? Our very own premium casino brand, Bitcoin Games, has launched the Harrowing Halloween????...
Bitcoin Regains USD 13,000, Ethereum, Major Altcoins Correct Lower
27.10.2020
After a short-term downside correction, bitcoin price found support above USD 12,750. BTC started a fresh increase and it is currently (05:00 UTC) trading above USD 13,000. However, the price must settle above USD 13,200 and USD 13,250 to continue higher in the near term.
Conversely, there was...
The Many Facts Pointing to John Nash Being Satoshi Nakamoto
27.10.2020
Six years ago, a number of theories spread across the internet that claimed the famed American economist and mathematician John Forbes Nash Jr. was Satoshi Nakamoto. There’s a bunch of circumstantial evidence that has invoked some research into the possibility that Nash could have been...
Cubans Turn to Bitcoin Remittances with 25% Commission to Beat Blockade
27.10.2020
Desperate Cubans are going to extraordinary lengths to receive remittances from abroad to circumvent the country’s banking blockade, turning to bitcoin (BTC), middlemen who take commissions of up to 25% and bicycle deliveries as economic sanctions continue to bite.
These were the findings of...
Kevin Hart Learns Bitcoin Is a Legit Investment, Not ‘Voodoo Money’ in an All-Star Telethon
26.10.2020
Popular actor Kevin Hart gave bitcoin a boost this weekend during an all-star telethon to benefit the Muscular Dystrophy Association (MDA). Hart told viewers that cryptocurrency is a legitimate investment right after he called it “voodoo money.” Kevin Hart Shouts Out About Bitcoin...
$250 Trillion in Assets Looking for Ideal Store of Value: A Bull Case for Bitcoin
26.10.2020
The CEO of Nasdaq-listed billion-dollar company Microstrategy has made a strong bull case for bitcoin. He says there is a $250 trillion ocean of assets looking for the ideal store a value right now and bitcoin is a better store of value than gold or tech stocks, so “a lot of that monetary...
Bitcoin Outperformed by Ethereum But Still Has More Holders Profiting
26.10.2020
Source: Adobe/stockphoto-graf
Even though bitcoin (BTC) was outperformed by several major coins in the past year, including ethereum (ETH), there are still more BTC holders 'in the money.'
This information is provided by the set of tools, developed by blockchain analytics firm Into The Block. Among...
Interest In Bitcoin Spikes as PayPal, JPMorgan, and Kanye West Praise BTC
26.10.2020
Google searches for “bitcoin” (BTC) spiked last week, reaching almost three-month highs, after BTC-related positive news from PayPal was supported by favorable statements from banking giant JPMorgan and celebrity Kanye West, while the price hit a new yearly high.
However, people were...
Defi Protocol Harvest Finance Hacked for $24 Million, Attacker Returns $2.5 Million
26.10.2020
Decentralized finance (defi protocol) Harvest Finance was hacked on Monday for $24 million. The attacker targeted the protocol’s liquidity pools, performing an arbitrage attack using a large flash loan – a type of uncollatarized loan – but later returned $2.5 million. In seven...
Bitcoin Attempting Fresh Increase, Altcoins Consolidate
26.10.2020
After a short-term downside correction, bitcoin found support near the USD 13,000 zone. BTC is currently (13:00 UTC) rising and it is trading above USD 13,100. An initial resistance on the upside is near USD 13,250, above which the price might rise towards the USD 13,500 resistance.
On the other...
Bitcoin Transaction Fees Spike 350% in a Month, as ETH Fees Decline
26.10.2020
Bitcoin transaction fees are on the rise again. Fees shot up more than 350% during the last thirty days to Oct. 22. The most significant increase occurred in the last week, as the price of bitcoin soared on growing institutional interest. According to data by Bitinfocharts, it cost an average...