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Video Shows $10M Chinese Bitcoin Mining Farm in Flames
1.10.2019
During the early morning hours of September 30, a nine-minute video circulated on Twitter showing a large bitcoin mining farm burning down. Sources say the mining farm belonged to the company Innosilicon and roughly $10 million worth of mining rigs were destroyed. Also Read: Central Banks in Panic...
John McAfee Supports Peter Brandt’s $50,000 Bitcoin Prediction Despite its Recent Decline
1.10.2019
Bitcoin owners are having a hard time for the past few days as the apex cryptocurrency has fallen to a new six month low. After reaching the yearly peak around $12,500 on June 09, it has now fallen below $8,000, and that too after months of being stagnant between $9,500 –$10,500. This has again...
Startup Band Protocol Launches BTC Binary Options DApp on Ethereum
1.10.2019
Sequoia-backed startup Band Protocol launches its fully decentralized BTC binary options app BitSwing on Ethereum’s mainnet
Bitcoin Price Manifests a Path Towards Moderate Recovery
1.10.2019
Bitcoin price plunged and it traded to a new 90-day low at $7,661 in the past 24 hours. The price is trading in a downtrend with high volatility and it is likely to test the $7,500 or $7,200 support level if it falls even further. There is a bearish trend line observed with resistance near...
Financial Giant Fidelity Backs Bitcoin Derivatives Yield Fund
1.10.2019
The Los Angeles-based Wave Financial has announced the launch of a bitcoin derivatives-based yield fund and Fidelity will provide custody for the fund’s BTC reserves. Wave Financial’s crypto fund commencement is part of a growing trend toward launching BTC derivatives products....
Price Analysis 30/09: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, LEO
30.9.2019
The pullback in crypto markets is offering short-term buying opportunities for aggressive traders. Let’s study the charts
Coindirect Launches OTC Brokerage Headquartered in South Africa
30.9.2019
Cryptocurrency clearinghouse Coindirect has launched an over-the-counter (OTC) brokerage in South Africa to allow cryptocurrency traders to make large volume transactions (of liquidity pool), by operating with international platforms, which would enable instant Bitcoin (BTC)-payment confirmation...
Massive Layoffs: Banks Cutting Nearly 60,000 Jobs Worldwide
30.9.2019
Banks are laying off workers across the globe as revenue declines throughout the sector. According to reports, banks have announced nearly 60,000 job cuts so far this year, with most of the layoffs happening in Europe, especially in Germany. Also read: Panic at 137 Bank Branches as RBI Limits...
IOVLabs Purchases Spanish Facebook’s Rival Taringa
30.9.2019
Taringa is one of the leading social media platforms placed in the third position in Latin America and second in Argentina network. It was introduced in 2004. Currently, there are 17.5 million registered users and 70 million monthly visitors. It is present in every Spanish speaking country such...
Bitcoin Continues the Fall; Trades Below $8000
30.9.2019
Bitcoin falls below 8000 USD in the last 24 hours The next support may come at 7704 USD The last week’s disastrous price movement is continuing in most of the major coins. Bitcoin has been down below 8000 USD. In the last 24 hours, with a single sign of growth, it has traveled from 8200...
Crypto Carnage, Zuckerberg Admission, Royal BTC Scam: Hodler’s Digest, Sept. 23–29
29.9.2019
In this week’s Hodler’s Digest, bloodbath for BTC and altcoins, Zuckerberg’s Libra admission, and Kik announces its app is closing
International Crypto Exchange Luno Adds Bitcoin Cash Trading
29.9.2019
Luno exchange has added bitcoin cash trading to the platform following feedback from its client base. BCH is now only the third cryptocurrency available for trading on the exchange, in addition to BTC and ETH, but more options could be on the way once Luno determines that they are credible enough....
Bitcoin (BTC) Reflects Support at $8,000; Expected to Rise Despite Bear Attack
29.9.2019
Bitcoin is dealing with a moderate loss since the morning. The currency is holding itself tight around $8,000. A few days ago, the BTC price was at $10,000, but then it fell. The traders and enthusiasts are looking forward to a recovery in the coin which would lead the market towards the price...
Mark Yusko Endorses Bitcoin; Says Investors should Buy it Despite Daily Price Fluctuations
29.9.2019
Despite the growing turbulence in the prices of Bitcoin, it has got a major endorsement from Mark Yusko, the veteran in the field of the hedge fund. Yusko, the founder, CEO, and CIO of Morgan Creek Capital emphasized that one should not be deterred from buying the cryptocurrency considering...
How North Korea Uses Cryptocurrencies to Get Around U.S. Sanctions
29.9.2019
North Korea has always been under suspicion for either being involved with some notorious projects or for directly or indirectly funding weapons of mass destruction using digital currencies. Recently, the country was accused of stealing cryptos worth $2 billion to support the development of deadly...
Crypto Markets Turn Green Following Tough Week, BTC Price Above $8,000
28.9.2019
Digital currencies have made solid gains on the day after seeing tough losses over the past couple of days
Hidden Lightning Network Bug Allowed Spending of ‘Fake’ Bitcoins
28.9.2019
A bug discovered in the Lightning Network in June, which allowed lightning bitcoins not backed by actual bitcoins to be spent, has officially been addressed in a new dev full disclosure report released on Friday. The problem has reportedly been remedied, but the security oversight casts doubts...
BTC Price Rebounds From $7,700: Crypto Traders Hope for Relief Rally
28.9.2019
Traders anticipate Bitcoin’s price to engaging in a relief rally as it rebounds to $8,200 from a recent drop
Employee Fined For Mining BTC on Nuclear Research Center Supercomputer
28.9.2019
Employee gets fined $7,000 for illegally mining Bitcoin on a supercomputer at a nuclear research center
Traders Bemoan New Localbitcoins Identity Requirements
28.9.2019
Recent data shows that countries with corrupt governments have a strong correlation with Localbitcoins trade volumes. However, even though the over-the-counter (OTC) marketplace Localbitcoins has grown massive over the years, traders are complaining about heightened know-your-customer/anti-money...