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Lagarde Sees Demand for Stablecoins, Plans to Put ECB ‘Ahead of the Curve’
13.12.2019
At her first press conference as head of the European Central Bank (ECB), Christine Lagarde outlined her plans to lead the ECB “ahead of the curve” in the field of digital currency. “There is clearly a demand out there that we have to respond to,” she said, referring...
Is Bitcoin the Best Source for Execution of Private Transactions?
13.12.2019
Making its first appearance in the financial market space as the world’s first-ever digital or virtual currency, Bitcoin can be considered as the pioneer in the evolution of a new-age payment settlement mechanism. Cryptocurrencies operate on blockchain technology, which is a distributed ledger...
Bitcoin Whale ‘Defends’ $7.2K Price With 800 BTC to Win $0.01 in DOGE
13.12.2019
Bitcoin whale determined to win 5 million Dogecoins ends up boosting BTC price
24K Casino Adds Ethereum
13.12.2019
We live in an era where the latest technology profoundly shapes our daily lives. The past decade has seen an unprecedented growth in technology that not only revolutionized the online gaming industry but literally turned it on its head.
The post 24K Casino Adds Ethereum appeared first on Bitcoin...
Ether Price Targets $160 as Altcoins Rally and BTC Trades Sideways
13.12.2019
Ether price needs to break above the long term descending trendline and stiff resistance at $150 in order to break the multi-week pattern of lower highs
Mining Report Shows 65% of Bitcoin’s Hashpower Stems From China
12.12.2019
As the end of 2019 approaches, Coinshares Research has published its bi-annual mining report that contains informative research and observations about the bitcoin mining industry. Since Coinshare’s last report published in June, BTC’s hashrate grew by 50 exahash per second (EH/s)...
Croatian Post Now Offers Crypto Exchange Service at 55 Branches
12.12.2019
Croatian Post, the biggest provider of postal services in the Republic of Croatia, is now offering a cryptocurrency exchange service at 55 post offices throughout the country. Currently, five cryptocurrencies are supported. This follows a successful implementation and positive results of a pilot...
Bitcoin Price Analysis: December 12, 2019: BTC Exhibits Dramatic Movement Around the Day
12.12.2019
Bitcoin price movement is quite unexpected. The opening hour experienced an astounding beginning. The price touched $7,369, but it soon came down to $7135. The heavy fluctuation caused regression in the price for the next few hours. Bitcoin price was later spotted improving. The improvement spiked...
Should We Expect a Bitcoin Breakout in 2020?
12.12.2019
Two years ago, Bitcoin reached stratospheric heights. In the years since the cryptocurrency market has undergone a significant correction. Industry-leading aficionados have termed it a bear market for crypto, as speculators tapered expectations during a strong consolidation of the industry....
NY Regulator Proposes Relaxing New Coin Listing Requirements
12.12.2019
The New York State Department of Financial Services, the Bitlicense regulator, has published a proposed framework for licensed companies seeking to list new coins. This is the first time the regulator has proposed changes to its crypto regulation in five years. Among the changes, licensees will...
IDEG Reports Launch of New Bitcoin Trusts in Asia With Coinbase as Custodian
12.12.2019
According to a recent press release from IDEG Investment Limited, “Asia’s First Bitcoin Trusts” have been launched “as a traditional and comfortable way for ‘old money’ to invest in digital assets.” The two trusts, Asia Bitcoin Trust I and Atlas Mining...
Study: China’s BTC Miners Control 66% of Global Hash Rate
11.12.2019
Chinese share of global hash rate hits a new record of 66% since 2017, a new study says
Price Analysis 11/12: BTC and These 9 Cryptos Set to Resume Downtrend
11.12.2019
Traders should be cautious as most cryptocurrencies are threatening to break below their strong support and resume their downtrend
Market Update: Despite Uncertainty, BTC Longs Skyrocket
11.12.2019
Digital currency prices have slumped again as the entire crypto market capitalization has dropped below $200 billion. At press time, most of the top digital assets are down a few percentages after gathering some gains over the last few days. With multiple coins getting rejected after trying...
New Ethereum Scaling Solution is Not New, Says BTC Dev; ETH Camp Fights Back
11.12.2019
The never-ending sandbox fight between Bitcoin (BTC) and Ethereum (ETH) camps just got a new twist.
A scaling solution for Ethereum was proposed the other day, but now, some bitcoiners claim this is an old idea and that it might be implemented in Bitcoin if it proves valuable.
Short recap:...
Denmark’s Tax Authority Sends Warning Letters to 20,000 Crypto Owners
11.12.2019
The tax authority of Denmark has reportedly sent out warning letters to 20,000 crypto owners asking them to amend their tax returns, pay taxes on crypto gains, or face penalties. The tax agency is demanding a full breakdown of their crypto transactions; it recently obtained information on these...
Bitcoin Price Analysis – December 11, 2019: BTC Trades around $7,200
11.12.2019
Bitcoin is currently trading around $7,200, drawing a slow declining trading channel BTC seems to have been facing moderate volatility as compared to other altcoins in the market, as they trade stably The lowest in the said time frame is hit around $7,000, and in the past two days BTC has notably...
Sweden’s Financial Authority Approves Swiss Crypto ETP Provider Amun
11.12.2019
On December 10, Switzerland-based firm Amun AG announced the company’s base prospectus has been approved by the Swedish Financial Supervisory Authority (SFSA). The ETP provider said it has extensive plans to expand its digital asset ETPs throughout Europe, while Sweden shows “strong...
Ross Ulbricht Uses Elliot Waves to Predict Bitcoin’s Trajectory From Behind Bars
11.12.2019
Ross Ulbricht, serving life without parole for allegedly running the Silk Road marketplace, hasn’t allowed his detention to deprive him from monitoring bitcoin’s price action. In a new blog series titled Bitcoin by Ross, Ulbricht reveals that he is closely attuned to BTC’s price...
CBD Coffee Company Leverages Censorship-Resistant Nature of Crypto
11.12.2019
On December 8, the U.S.-based coffee firm that uses cannabidiol (CBD) in its product, Crazy Calm, launched a promotion that aims to send $5 per order to the charity EatBCH. The founder of Crazy Calm, Matt Aaron, also detailed that the startup wanted to leverage the payment processor Shopify but...