Search
Analysts Claim Bitcoin’s 76 Day Stability ‘Bullish’: Hash Ribbons Cross and 2016 Patterns
21.7.2020
The price of bitcoin has been very stable lately, and the crypto asset has been trading in a less volatile range just above $9k per coin for 76 consecutive days. After the third halving, the price of bitcoin has also been far more stable, in contrast to the price action after the second halving....
South Korean Crypto Tax Plans to Be Unveiled this Wednesday
21.7.2020
The South Korean government is reportedly set to unveil further details about its plans to introduce tax for cryptoasset holders.
Per an unsourced report by SBS CNBC, Seoul will unveil a document outlining its proposals in a Tax Law Amendment bill – to be unveiled on July 22. The bill will seek...
Bitcoin Security 101: How to Create a 2 of 2 Multi-Signature BCH Wallet
21.7.2020
In the world of cryptocurrencies, there’s a lot of discussions and lessons when it comes to digital asset security and one of them is multisig wallets. The term multisig stands for multi-signature and the following post will teach anyone how to create a 2 of 2 multisig wallet. Years...
Google, Facebook, Twitter Face Class-Action Lawsuit for Banning Crypto Ads
20.7.2020
Cryptocurrency businesses are taking Google, Facebook, and Twitter to court in a class-action lawsuit that could cost the social media giants $300 billion. The plaintiffs say that their businesses have been hurt by Google, Facebook, and Twitter banning crypto ads on their platforms. Google...
Velas Enters the Top 100 Coinmarketcap and Launches on Bitcoin.Com Exchange
20.7.2020
The blockchain network that is self-learning and self-optimizing and claims to be able to deliver up to 30,000 transactions per second with a speed of anywhere from 1 second to 2 minutes. Velas is a blockchain ecosystem that implements an AI-powered Delegated Proof-of-Stake (AIDPOS) consensus...
Bitcoin Hashrate Might Double In a Year, Pressing Miners' Margins
20.7.2020
Source: Adobe/Татьяна Палладина
Bitcoin (BTC) hashrate, or the computational power of the Bitcoin network, could rise 120% in a year, but the price of the coin needs to follow so that the profitability for miners wouldn't drop, according to a recent research.
In their latest report, commissioned...
Bitcoin News Roundup for July 20, 2020
20.7.2020
With bitcoin's trading range getting even tighter, CoinDesk's Markets Daily is back for your bitcoin news roundup
Crypto Market Sentiment Drops, Three Major Coins Remain Positive
20.7.2020
Source: iStock/da-kuk
After last week's jump towards the positive zone, crypto market sentiment score (sentscore) took a step away from that level. The combined moving 7-day average sentscore for the top 10 coins now stands at 5.45, compared to 5.77/10 seven days ago - but still being higher than...
Wirex Approved to Issue Mastercard-Backed Bitcoin Debit Cards
20.7.2020
Mastercard said Monday it had granted Wirex principal membership status, becoming the “first” native cryptocurrency outfit to do so. The membership allows Wirex, a London-based digital payments firm, to issue payment cards directly to consumers, making it easier for people to buy, hold...
How Bitcoin Allows Cloudbet to Offer the Fairest Odds in Soccer
20.7.2020
One crypto sportsbook is using the English Premier League’s return to demonstrate how blockchain technology helps it to offer customers fairer prices to maximise their winnings. Cloudbet, the pioneering bitcoin operator, recently announced that for each remaining game in the EPL season, it would...
Japanese Central Bank Creates Digital Currency Unit – Led by Satoshi!
20.7.2020
Source: Adobe/Юрий Дьяконов
The central Bank of Japan (BoJ) has created a "Digital Currency Unit” as the nation heads toward a tentative central bank digital currency (CBDC) launch – and it’s being headed by a man named Satoshi.
Per Reuters Japan, the BoJ has officially opened a specialized...
PayPal and Paxos Might Announce Crypto Partnership This Week - Report
20.7.2020
The partnership announcement between the payments giant PayPal and the issuer of the major stablecoin Paxos Standard Token (PAX) might reportedly be made this week.
PayPal is planning to bring crypto trading to its user base and has chosen New York-based Paxos to handle the new service’s supply...
Bitcoin Price Stable as It is ‘Very Much Altseason’ Now - Binance CEO
20.7.2020
With bitcoin (BTC) recently being “really stable,” and even jokingly referred to as a stablecoin in the community, it is “very much altseason” in the crypto market right now, according to Binance CEO Changpeng Zhao.
In an interview with Bloomberg TV, he said that the fact that altseason...
Binance CEO CZ: ‘Bitcoin Has Been Really Stable’
20.7.2020
Changpeng Zhao, CEO of Binanace, says that Bitcoin will eventually break out of this $9,000–9,500 corridor but the token is "really stable" now
142 Million Guests: Hackers Attempt to Sell MGM Grand Data Dump for Cryptocurrency
20.7.2020
Last year the giant resort firm MGM Grand was hacked and the cybercriminals ostensibly obtained a massive dump of names, addresses, phone numbers, and dates of birth. Now according to vendors on the deep web, hackers have been trying to sell the data dump for monero or bitcoin. The hackers claim...
The Covid-19 Crisis Fueled Darknet Markets – A Patron’s Biggest Concern Is Mail Disruption
19.7.2020
Ever since the coronavirus outbreak swept the globe, darknet markets (DNM) have grown exponentially and the lockdowns worldwide are prompting first-time DNM buyers. Currently, the largest DNM on the invisible web is the marketplace Empire, and the only thing impeding the rush of DNM sales these...
German Court Rules to Limit Authorities’ Access to People’s Data
19.7.2020
The German constitutional court has ruled that the police and intelligence officials have too much access to people’s personal mobile phone and internet data. A win for privacy activists, the court has directed the government to amend applicable laws to better protect the privacy of German...
Crypto Social Network ‘Minds’ Sees Users Flock From Twitter and Facebook Over Privacy Concerns
19.7.2020
Crypto social media platform Minds has been garnering users who are concerned about their privacy, according to the company’s CEO. The open-source platform, seen as an alternative to Facebook or Twitter, awards users with cryptocurrency for engagement. Crypto Social Network Minds Gaining...
$6M Worth of Tether on the Bitcoin Cash Chain Highlights the Benefits of SLP Tokens
19.7.2020
During the first week of July, crypto supporters noticed that Tether issued 1,010 stablecoins via the Simple Ledger Protocol (SLP) framework on Bitcoin Cash. Now there’s a much larger amount of SLP-based tethers in circulation as the company has minted a total of 6 million on the Bitcoin Cash...
News.Bitcoin.com Lead Writer Jamie Redman Named One of the Best Crypto Bloggers
19.7.2020
Lead Writer at News.Bitcoin.com, Jamie Redman has made Redeeem.com’s list of twelve influential go-to crypto bloggers. Redeeem says the list comprises names behind some of the most informative crypto news articles. In its citation, Redeeem says Jamie Redman, who is also a crypto meme...