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Bitcoin and Altcoins Remain In Strong Uptrend
29.10.2019
Recently, there was a downside correction in bitcoin price below the USD 9,500 support area. However, BTC/USD remained well supported above the USD 9,000 and USD 9,050 support levels. The price is currently (09:00 UTC) moving higher, but facing a few key hurdles near the USD 9,580 and USD 9,650...
Why Bitcoin is the Best Coin to Mine and Still Makes for a Profitable Venture?
29.10.2019
The evolution of the cryptocurrency concept has led to the development of a whole new ecosystem in today’s modern economy. Digital coins require several supporting technologies that include the likes of blockchain and the internet, among others. Also, the role played by the internet of things (IoT)...
China Ranks 35 Crypto Projects as President Xi Pushes Blockchain
29.10.2019
China has been on a roll with a series of crypto-related announcements. President Xi Jinping’s speech to accelerate the development of blockchain technology in China was followed by the passing of a cryptography bill. Meanwhile, China’s Center for Information and Industry Development...
Bitmain CEO Ousts Co-Founder, Biggest Shareholder to ‘Save the Ship’
29.10.2019
Jihan Wu to Bitmain staff: Shun Micree Ketuan Zhan or face the axe
Bitcoin Cash Price Rallies on Bitmain Drama
29.10.2019
Jihan Wu. Source: a video screenshot, Youtube, Chamber of Digital Commerce
Bitcoin Cash (BCH) rallied today, surpassing USD 290 for an hour, on reports that the prominent supporter of BCH, Jihan Wu is back as the CEO of major crypto mining company Bitmain.
At pixel time (07:02 UTC), BCH trades...
Why Central Banks Are Not Designed for Democracies
29.10.2019
Through their policies, central banks exert tremendous influence over the socio-economic conditions in a country and its business environment. Their decisions are so powerful that it’s obvious they are part of the government. But most people would be surprised to find out that central banks...
Chinese Cryptocurrency Mining Giant Files for $400 Million IPO in US
29.10.2019
Crypto mining giant Canaan has filed for an initial public offering with the U.S SEC to raise $400 million
CME Bitcoin Futures Chart Posts Another Gap to Fill Near $8,900
29.10.2019
Another Bitcoin CME futures gap left near $8,900 means the cryptocurrency’s price may drop to fill the void
Avalon Bitcoin Miner Maker Canaan Officially Files for $400 Million US IPO
28.10.2019
Avalon bitcoin miner maker Canaan Creative has just formally filed US IPO, after making profits of $XXX million in 2018 and $XXX million so far in 2019
After Breaking New Records Bakkt Announces Crypto Consumer App
28.10.2019
Following the all-time record of 1,179 contracts on October 25, Mike Blandina, Bakkt’s chief product officer, revealed the firm is launching another strategy after announcing its December options launch. Bakkt is releasing a consumer application so retail investors can “unlock the value...
How Lebanon’s Economic Crisis Highlights Bitcoin’s Limitations
28.10.2019
Bitcoin users in Lebanon have numerous hurdles to overcome to develop a local market during the nation's economic crisis
Price Analysis 28/10: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, TRX, XLM
28.10.2019
Select cryptocurrencies might have bottomed out, while others might remain stuck in a range. It’s now time to be selective
Privacy Vs. Security, Do Authorities Monitor Every Crypto Transaction?
28.10.2019
Bitcoin’s pseudonymity makes it easier to monitor any cryptocurrency transaction, but will increased tracking lead to ensuring better compliance?
Stealth Miners on the BCH Network Attract Scrutiny
28.10.2019
In roughly 17 days, the Bitcoin Cash network will upgrade by adding two new features to the protocol. Meanwhile, prior to the forthcoming changes, a large percentage of the BCH hashrate is being processed by unknown miners. Crypto proponents have been very focused on the hashrate and BCH pool...
Veteran Trader: Don’t Break These 11 Rules Trading Bitcoin and Crypto
28.10.2019
Veteran market analyst shares his top trading rules for helping crypto investors make better decisions in order to earn more Bitcoin
China to Be First to Launch Digital Currency, Says Think Tank Exec
28.10.2019
Huang Qifan of the China Center for International Economic Exchanges said that China will be the leader in forming a national digital currency
Bakkt Teases Launch of Consumer Payments App Scheduled for 2020
28.10.2019
Bakkt plans consumer payments app for 2020 launch with Starbucks as the first major retailer
Bakkt to Test a New Crypto Product With Starbucks
28.10.2019
Bakkt, the recently launched Bitcoin futures trading platform, said they're now focused on the development of a consumer app and merchant portal, "as well as testing with our first launch partner, Starbucks, which we expect in the first half of next year."
"Our vision is to provide a consumer...
Crypto Market Sentiment Back to Pre-Crash Level; Bitcoin Reigns Alone
28.10.2019
It has been an interesting past week for the Cryptoverse, seeing both a crash and a rally. The combined 7-day Sentscore for the top 10 coins by market capitalization didn’t rise for the fourth week in a row, but it didn’t drop either. It’s still at 4.94/10, where we saw it last Monday, according...
Cred to Demo Global Merchant Solution at Blockchain Week Kick-Off
28.10.2019
On Wednesday, October 30, Cred and the Universal Protocol Alliance will be hosting a live demonstration of a point-of-sale (PoS) device that enables purchases with cryptocurrency. Cred’s PoS financial operating system allows customers to utilize any crypto wallet for purchases at the PoS...