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Unnecessary Evil: How Government Regulations Kill Crypto Startups and Encourage Crime
16.1.2020
Thanks to the EU’s most recent money laundering directive, a small business called Post-a-coin, which sold cute postcards pre-loaded with tiny amounts of bitcoin, is being forced to shut down. Meanwhile, the most heinous criminals in history are continuing to facilitate violence, trafficking...
Silvergate Bank and Bitstamp Launch Bitcoin Collateralized Loans
16.1.2020
U.S.-based Silvergate Bank has launched a bitcoin collateralized loan product with Bitstamp as its launch partner. The crypto exchange will act as the bank’s agent to manage and provide custody for bitcoin collateral. The product utilizes Silvergate Bank’s Exchange Network to fund loans...
Bitcoin and Altcoins Could Correct In Short Term
16.1.2020
Recently, bitcoin price made another attempt to clear the USD 8,850 resistance area. However, BTC/USD failed to continue higher and started a short term downside correction. On the downside, the USD 8,550 support area might play a major role in the coming sessions.
On other hand, there were...
First Bitcoin Cash Developers Meeting of 2020 to Be Held Today
16.1.2020
Developers from Bitcoin ABC, Bitcoin Unlimited, BCHD, Bitcoin Verde and other teams, are meeting today to continue the building of the Bitcoin Cash infrastructure. They will discuss progress towards the May 15th Bitcoin Cash Network upgrade and the standardization progress for the BCH protocol....
Uzbekistan to Create National Mining Pool, Launch Licensed Exchange
16.1.2020
Establishing a “national mining pool” has been declared a priority in Uzbekistan. Miners who join the pool will enjoy lower electricity rates, announced the country’s agency overseeing the crypto industry. The Central Asian nation is also preparing to launch a licensed...
Bitcoin Lawsuit Heats Up With More Bonded Courier Tales
16.1.2020
During the last few days, cryptocurrency participants have been discussing the notorious Kleiman v. Wright lawsuit as new developments have revealed a third party provided Craig Wright with the necessary information to unlock an encrypted file he could not access previously. Additionally, another...
Bitcoin Futures Hit 3-Month High in Frenetic Tuesday Trading
16.1.2020
January 14 was the best trading day of the year for many cryptocurrencies, which saw double or even triple-digit percentage gains. It was also a good day for futures markets, where more than $25 billion in trades was placed on Tuesday. The result constituted the busiest day for futures in almost...
SEC Issues Alert Against Initial Exchange Offerings
15.1.2020
The SEC has issued an alert to investors regarding initial exchange offerings. This warning is not an official statement on regulatory policy, but it does indicate the way the American market regulators view the practice and why many exchanges are shunning U.S. investors. Also Read: Telegram...
Gavin Andresen Speaks About Ethereum’s Tornado and Wallet Privacy
15.1.2020
Over the last couple of years. the former lead maintainer of the Bitcoin Core (BTC) repository Gavin Andresen has been quiet in regards to the crypto ecosystem. Andresen hasn’t been developing any projects and once in a while makes a comment or two about the digital currency industry....
Indian Supreme Court Hears In-Depth Arguments Against RBI Ban
15.1.2020
India’s supreme court spent all day hearing arguments against the crypto banking ban by the Reserve Bank of India (RBI) on Wednesday. The counsel for the Internet and Mobile Association of India presented extensive arguments to convince the court that the central bank acted outside...
This is 'The Strongest Validation' of the Bitcoin Safe Haven Theory
15.1.2020
The bitcoin (BTC) safe haven narrative perhaps got its strongest confirmation in the wake of the U.S. missile strike in Iran, and it showed growth as a legitimate asset class, finds crypto market analysis firm Coin Metrics.
The BTC as a safe haven narrative is a tale as old as bitcoin, and numerous...
Only These Exchanges Matter for Bitcoin’s Price Discovery - Research
15.1.2020
Source: iStock/hocus-focus
Only about 10 global cryptocurrency exchanges have any real impact on the price discovery in the bitcoin market, a new research study from crypto analytics firm Digital Asset Research suggests.
The study said that price moves that originate in one of these 10 exchanges...
Kraken Acquires Australian Crypto Platform Bit Trade
15.1.2020
The global crypto exchanges industry continues to consolidate as some smaller players bow out and the big players try to gobble up as much as they can of the rest. As part of this trend, Kraken has now taken over the Australian platform Bit Trade in a bit to strengthen its foothold in the Asia...
Fairspin Casino Players Won Over 40,000 ETH
15.1.2020
Blockchain casino Fairspin paid out more than 40,000 ETH to players in its first full year of operation.
The casino was founded in late 2018 under the name of Fairplay. A year later, it was rebranded into Fairspin to emphasize the casino’s key distinctive feature – each spin in every game...
Bitcoin and Altcoins Bulls Remain In the Driver's Seat
15.1.2020
Bitcoin price remained in a bullish zone and extended its upward move above the USD 8,550 and USD 8,700 resistance levels. BTC/USD traded towards the USD 9,000 level and formed a swing high near USD 8,850. It corrected lower recently, but the bulls remain in action and the price could rise above...
IIF Report Predicts Global Debt Will Reach New All-Time High of $257T in 2020
15.1.2020
Global debt records were broken in 2019, but that likely won’t be the end of such ominous economic milestones, the Institute of International Finance (IIF) predicts. The number could reach $257 trillion sometime in Q1 2020, according to a recent report by the group. Economies worldwide...
Fed Officials Ponder Funding Hedge Funds and Private Brokers Directly
15.1.2020
On January 13, the New York Federal Reserve gave $60.7 billion to eligible private financial institutions by leveraging U.S. Treasurys and agency securities. With all the stimulus given to financial institutions since September, it hasn’t relieved the stress of economic uncertainty. Now...
Tokyo-Based Zigmabit Offers Mining Rigs for Homes and Offices
14.1.2020
Cryptocurrency mining develops rapidly like any high tech sector. Improvements in the hardware and auxiliary systems make it possible to design mining rigs that are more compact and silent than they used to be, while also profitable to run. Zigmabit is a manufacturer that assembles units suitable...
These 21 Leading Crypto Industry Players to Advice OECD on Blockchain
14.1.2020
The Organisation for Economic Co-operation and Development (OECD) has recruited some of the biggest names in cryptocurrency and blockchain technology to advise it on blockchain-related matters and distributed ledger innovations.
The international organization will seek tips from players such as...
Market Outlook: Bullish Trend Sends Crypto Prices Northwards
14.1.2020
Digital currency markets are seeing significant gains this week as the entire market capitalization gained $28 billion in the last seven days. Moreover, trade volume has spiked to a massive $100 billion and during the last 24 hours, numerous digital assets have gained between 3-48%. Also read:...