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Bankrupt DX Exchange Reportedly Didn’t Pay Israeli Suppliers and Employees
26.11.2019
It was recently reported that digital assets trading platform DX Exchange ceased operations and was looking for a way to exit the market via a merger or a sale. New details from Israel show that the exchange reportedly didn’t even have the cash flow to pay its suppliers and employees. Also...
Bitcoin and Altcoins Spring Up, Face Strong Resistance
26.11.2019
After a nasty decline, bitcoin price found support near USD 6,550. BTC/USD started a relief rally and climbed more than 10% in the past three sessions. It broke the USD 6,850 and USD 7,000 resistance levels. However, the price seems to be struggling (09: 00 UTC) to clear the USD 7,350 resistance...
Don’t Blame China: Why BTC Still Can’t Compete With Fiat
26.11.2019
In the wake of recent price movements, doubts are beginning to crop up more and more around BTC maximalist circles. As focus shifts from Satoshi’s founding vision of the coin as cash to a mere digital gold to be saved and “cashed out” later, valid questions are indeed raised....
Crypto ATMs Proliferate – 6,000 Installed and Counting
26.11.2019
The number of cryptocurrency ATMs installed worldwide has surpassed 6,000, nearly a 50% growth since the beginning of the year. The U.S. leads other countries with over 4,000 crypto ATMs, followed by Canada and the U.K. Several producers offer a range of machines for anyone wanting to get started...
A History of Blockchain Consensus Mechanisms
26.11.2019
The consensus mechanism is a critical blockchain component, providing a non-partisan means of establishing agreement as to the network’s current state. But ever since Bitcoin emerged in 2008, its original consensus mechanism – Proof of Work (PoW) – has been emulated and iterated...
Privacy-Enhancing BCH Tool Cashfusion Begins Working Behind the Scenes
25.11.2019
This week Bitcoin Cash (BCH) proponents have been celebrating the fact that 187,212 BCH ($40 million) has been shuffled since the Cashshuffle platform launched in the last week of March. Moreover, on Saturday, Electron Cash developer Jonald Fyookball announced the highly anticipated Cashfusion...
Regulatory Roundup: China Rekindles Cleanup, US Widens Oversight, India Defers Decisions
25.11.2019
News.Bitcoin.com has initiated a regular roundup of cryptocurrency regulatory developments around the world. For the first edition, we cover six U.S. regulators and India’s decisions on the supreme court hearing and crypto bill. We also cover China’s rekindled cleanup...
Russia Confirms First Capital Filling That Includes BTC + More News
25.11.2019
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Regulation news
Russian tax authorities have recognized a capital filing that included a Bitcoin (BTC) investment – the country’s...
Market Update: Uncertainty Strikes Crypto Traders After Week-Long Downtrend
25.11.2019
Three days ago, cryptocurrency markets were holding foundational support after coins plunged 2-14% and the entire cryptoconomy dropped below $200 billion. Crypto prices continued to slide in a bearish trend, and over the last 12 hours, the entire market valuation of all 3,000+ coins lost another...
Bitcoin Price Rallies 10%, Altcoins Move Higher
25.11.2019
After touching USD 6,600 earlier on Monday, the average price of bitcoin (BTC) rallied c. 10% in around 7 hours, jumping to USD 7,300 before going lower. Major altcoins are also correcting their losses.
At pixel time (14:18 UTC), bitcoin trades at c. USD 7,199 and is up by almost 1% in the past...
Default Bitcoin Addresses Are Now Longer But Simpler & Cheaper to Use
25.11.2019
The Bitcoin Core client version 0.19.0.1, the last expected version before the anticipated Bitcoin mining reward halving in May 2020, was released this past weekend by the Bitcoin Core developers. Although it contains no major changes, it does come with several interesting speed and security...
Gocrypto SLP Token Starts Trading on Bitcoin.com Exchange
25.11.2019
On 25 November 2019, the Gocrypto (GOC) token will start trading on Bitcoin.com Exchange. The new SLP token enables merchants with physical or online stores to accept instant crypto payments from different digital wallets with millions of users and to receive settlement in their local fiat. Also...
Libra Testnet Fails to Impress as New Legislation Looms
25.11.2019
A November 15 blog post by Libra project developers detailing testnet developments has apparently failed to impress government regulators and influential voices in the space alike. CEO of blockchain company R3, David Rutter, commented at a London conference last week that “what they did...
Bitcoin Price Tumbles Below USD 6.7K, Major Altcoins Bleed More
25.11.2019
After trading sideways during the weekend, the most popular cryptocurrency, bitcoin (BTC) took another hit in the early hours on Monday (UTC time), dropping below USD 6,700.
At pixel time (05:23 UTC), trades at c. USD 6,682. It's down by 7% in the past 24 hous and by 22% in the past week...
How Bitcoin Applies to The Sovereign Individual Thesis
24.11.2019
Just before the internet became a massive display of human ingenuity and networking, a few individuals anticipated the emergence of tools that would help progress the end of politics and the nation states. 22 years ago, much like Nostradamus, Isaac Newton, Gerald Celente, and Carl Jung’s...
After Blockstack’s Regulated Offering, Where Now For US Token Sales?
24.11.2019
When Blockstack announced the first Reg A+ token sale, many believed it would open the floodgates for a spate of similar offerings. Reg A+ has long been the Holy Grail of token offerings in the U.S., with a host of companies pursuing the only SEC exemption that allows the inclusion of unaccredited...
Despite Market Turbulence, Bitcoin’s Support Lines Remain Intact
24.11.2019
Technical analysis of price trends is a topic ever electrifying the world of crypto investment with, dynamic debate on social media and beyond. While there are no guarantees, there are fundamental methods for looking at data which can provide valuable insights, such as analysis of price support...
Survey: 58% of German Banks Charge Negative Interest Rates
24.11.2019
Germany’s central bank, the Deutsche Bundesbank, has conducted a survey of banks charging negative interest rates on customer deposits. Some are charging retail customers as well as corporate clients. An independent price comparison portal shows which banks are currently charging for deposits...
Grayscale Commences Diversified Large Cap Fund Trading
24.11.2019
In February 2018, Grayscale Investments, the sponsor of the Bitcoin Trust (OTCQX: GBTC) announced the Grayscale Digital Large Cap Fund, an investment vehicle that captures a basket of the top digital assets within the cryptoconomy. A year later on November 22, the firm revealed the diversified...
A Few Benefits for Bitcoin Beginners to Appreciate
24.11.2019
If you are considering entering the crypto universe or if you’ve only recently made your first investment, you might still be exploring the benefits of bitcoin as opposed to your credit card, online bank account or digital wallet you are used to. In an abstract sense, cryptocurrencies...