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Localethereum Becomes Localcryptos and Adds BTC Trading
23.11.2019
P2P trading site Localethereum has rebranded to Localcryptos, allowing users to buy and sell both ETH and BTC without KYC. The platform has been providing peer to peer trading services for ethereum since 2017, but in a surprise announcement this week, the website revealed its new home...
Bakkt’s Bitcoin Futures Shatters Records Amid Spot Market Turmoil
23.11.2019
Bakkt’s bitcoin core (BTC) futures product saw another all-time high as the spot market price of BTC plummeted under $7,000 on Friday morning, Nov. 22. Bakkt saw 2,728 contracts traded ($20 million) and $1.75 million in open interest outpacing the record of 1,179 contracts on Oct. 25. Also...
What Indian Crypto Exchanges Are Doing to Protect P2P Users
23.11.2019
With the Supreme Court of India postponing the crypto hearing, the Indian crypto community is calling for better protection when trading on P2P platforms. Several top crypto exchanges in the country have shared their processes and policies they have implemented to protect their P2P platform users....
Shift Cryptosecurity Reveals New Tamper-Evident Packaging
23.11.2019
As digital assets have grown valuable over the last decade, hardware wallets have become a mainstay and there’s now a variety of choices on the market. However, people still worry about their devices being tampered with during the shipping process and the firm Shift Cryptosecurity AG wants...
How to Navigate the Minefield of Cryptocurrency Taxation
23.11.2019
National tax agencies have recently made it clear that the long arms of the law will be wielded to ensure bitcoiners pay the appropriate tax on their earnings. Motivated by surging interest in crypto, authorities are cracking the whip and instilling fear in those who have, until now, dismissed...
Friday Shows Bloodbath for Crypto Markets, Bitcoin Price At $7,300
22.11.2019
Friday shows a bloodbath for the entire crypto markets, with BTC hovering above $7,300
Bitcoin.com Accelerates Cryptocurrency Adoption With Racer Endorsement
22.11.2019
Luke Vanna and the Bitcoin.com car are competing for top honors in the Australian Toyota 86 Racing Series. Sports partnerships like this can introduce cryptocurrency to new audiences as well as attract more businesses to join the ranks of the many merchants already accepting bitcoin cash across...
HSBC Closes Account Used to Support Hong Kong Protesters
22.11.2019
For months on end, Hong Kong has been the scene of intensive confrontation between pro-democracy activists and its Beijing-supported government. It now seems the financial establishment has taken a side in this conflict. Banking giant HSBC has decided to close an account used to support the protest...
Market Update: Cryptos Shed Billions in Rapid Sell-Off
22.11.2019
Digital currency prices have been dropping in value this week and on November 21 the entire cryptoconomy fell below $200 billion. At the moment, most cryptocurrencies are down between 4-12% in the last 24 hours and 10-25% over the last seven days. Traders are currently pondering what will happen...
Bitcoin Price Slides Further on China Crackdown News
22.11.2019
Bitcoin (BTC) price slumped to a six-month low on Friday as China’s central bank launched on Friday a fresh crackdown on cryptocurrency trading in Shanghai.
People’s Bank of China (PBOC) Shanghai headquarters said in a statement it would crack down on a resurgence of illegal activities around...
Bitcoin Mining Difficulty, Hash Rate Up; Miner Capitulation Postponed?
22.11.2019
While the price of Bitcoin (BTC) is dropping, the mining difficulty and hash rate went up. This has led some market observers to believe that we may not see a mass miner capitulation yet.
When the price drops and mining revenues decrease, miners who struggle to earn profits are forced to shut...
Tackling 7 Myths About Bitcoin for Beginners
22.11.2019
For those long involved in the crypto space, it’s easy to forget just how overwhelming and mystifying the world of bitcoin was when first encountered as a fresh-faced neophyte, unable to tell the difference between a bitcoin and a blockchain, or even what a private key was. In that interest...
Bitcoin and Altcoins Likely to Continue Bleeding
22.11.2019
In the past three sessions, there was a sharp increase in selling pressure on bitcoin, resulting in a downside break below the USD 7,850 support area. BTC/USD declined more than 7% and traded below the USD 7,650 support. It is currently (09:00 UTC) trading near USD 7,500, with a negative...
New Cypherpunk Podcast Debuts Discussing Cryptoanarchy
22.11.2019
The Cypherpunk Bitstream podcast hosted by cryptoanarchists @thefrankbraun and @TheRealSmuggler has just released its second episode. The show compassionately reaches out to those listeners tired of the coercive “statist-quo” and explores how anyone can use cryptographic technology...
Developer Launches BCH-Powered Paywall Service
22.11.2019
On Thursday, software developer Alex Winter announced the launch of Satoshiwall.cash, a noncustodial bitcoin cash-powered paywall service. The new platform allows anyone to create a customized paywall that uses BCH for payments so people can monetize their work online. Also read: Crypto Swapping...
In 2019, Cryptocurrency Exchanges Diversified
21.11.2019
With exchanges controlling so much of the industry inflows, and accounting for more than 40% of the jobs, any review of the year has to start and end there. An analysis of the dominant trends driving trading platforms serves as a proxy for measuring the cryptosphere’s overall health. From...
Crypto Swapping App Sideshift AI Drops Access Code Requirement
21.11.2019
Since launching in January, Sideshift.ai has become a well known cryptocurrency application that allows people to swap 20+ cryptocurrencies in an automated manner. When Sideshift first launched, users needed an access code to use the service, but on November 20 the team removed access codes and...
Bitcoin Price Crashes to Pre-Rally Level
21.11.2019
It took less than a month for bitcoin (BTC) to erase almost all its gains the market saw in the end of October.
At pixel time (15:36 UTC), BTC trades at c. USD 7,684 and is down by 6% in the past 24 hours, by 12% in the past week, increasing its monthly loss to almost 6%. However, the price...
Bitcoin Emits Less Carbon Than Previously Claimed, New Study Finds
21.11.2019
Bitcoin has been regularly attacked for its energy-intensive mining process, powered by serious amounts of electricity. It’s been claimed that it leaves a carbon foot print comparable to that of a large city or even a small country, an allegation that often finds its way to the headlines...
Greta Thunberg Might Like This Research on Bitcoin Mining + More News
21.11.2019
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.
Mining news
Environmental activists now can somewhat soften their stance towards Bitcoin mining. According to a report in American...