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CoinFlex Obtains 10M Dollars in Funding for BTC Futures Settlements
27.8.2019
CoinFlex, the first physically delivered digital currency futures exchange in the world based in Hong Kong, has received a whopping ten million dollars via a funding round which concluded in the past week, as reported by the South China Morning Post on 26th August 2019. As per the reports,...
The Prolonged case between David Kleiman and Craig Wright Seems to Lean in Favor of Kleiman
27.8.2019
The case between David Kleiman and Craig Wright started in February last year. In this case, Wright was accused of stealing a huge number of Bitcoins, which is worth 5 billion U.S. Dollars approximately. Kleiman died in April 2013. It seems that David Kleiman may have the upper hand in...
Bitcoin Price Analysis: Bitcoin Price (BTC) Hits $10,100 After Trading at $10,600; Short-term Seems Bullish
27.8.2019
Bitcoin price has been trading above $10,000 since quite some time now, only with a few dips in between. But important to note that BTC has not slipped below $9800 in the past 10 days. However, when observed closely, BTC price has been moving within two extreme ranges between $10,600 to $10,100....
Craig Wright ‘to Pay BTC 1m’ as Judge ‘Rejects’ His Testimony
27.8.2019
Bitcoin pioneer Craig Wright could be set to lose a whopping 50% of the BTC tokens he mined with his now-dead business partner David Kleiman – a figure that could be as high as BTC 1 million.
A Twitter user claiming to have attended the latest court hearing in the case said that the presiding judge...
Price Analysis 26/08: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, XLM
26.8.2019
Can the altcoins stage a comeback? Let’s consult the charts
‘Not an Audit’: IRS Notice Could Spell Trouble for Crypto Traders
26.8.2019
The IRS took to Twitter on August, 26, posting a video about recently mailed CP2000 notices, of special interest to crypto traders. The notice, which seeks to rectify discrepancies made by recipients in tax reporting, is another in a series of crypto-related letters recently sent by the agency....
Realized Bitcoin Market Cap Reaches a Record Hundred Billion Dollars For the 1st Time
26.8.2019
Bitcoin supporters have a reason to rejoice as the numero uno cryptocurrency has reached a new benchmark this week, according to the latest data released by Coin Metrics on 25th August 2019. As per the data, the realized market capitalization of Bitcoin has passed a hundred billion dollars...
Los Angeles Man operated an Unlicensed Crypto Exchange along with Bitcoin ATM
26.8.2019
Recently, a Los Angeles man has agreed to confess to 25 million dollars for money-laundering activity, where he ran a cryptocurrency exchange and a Bitcoin ATM. The person by name, Kunal Kalra, described as the “coinman,” was charged on 23rd August at the United State District Court...
Market Update: Economists Envision Global Recession While Crypto Prices Soldier On
26.8.2019
Last week cryptocurrency prices bounced around after a majority of coins dropped in value on August 21. Today on August 26, digital currency markets have gained around 1.52%, gathering $4 billion since the initial slump. Despite the volatility, cryptocurrencies have consolidated and a...
Ethereum (ETH) and Its Services Now Available on Bitcoin Exchange bitFlyer
26.8.2019
The leading Japanese cryptocurrency exchange, bitFlyer, has recently announced that it’s adding Ethereum (ETH) to its Buy/Sell trading platform. Now onwards, bitFlyer users across Europe and the US can send and receive ETH while ensuring that these transactions also comply by the regulatory...
This is How the USD 10M per BTC 'Thought Experiment' Would Look Now
26.8.2019
Source: iStock/pixel_dreams
Ten years ago, Harold Thomas Finney, cryptographer and crypto pioneer who worked closely with Bitcoin creator, Satoshi Nakamoto (or some say he's Satoshi himself), did a thought experiment and found out that one bitcoin (BTC) would be worth a whopping USD 10 million...
Price Analysis: Bitcoin (BTC), Ripple (XRP), Ethereum (ETH), Dogecoin (DOGE), Litecoin (LTC), Tron (TRX), Stellar (XLM), Cardano (ADA), EOS, Bitcoin Cash (BCH)
26.8.2019
Except for a couple of plunges near $9900, Bitcoin had been trading firmly above $10,000 since more than a week now. Moreover, the BTC price has jumped above $10,400 today morning from its previous price of $10,138.52. The coin had reached above $13,000 in the month of June, and the way BTC...
Crypto Tipping Released by Brave, Reddit and Vimeo Revamp their Content Monetizing
26.8.2019
Brave, the Blockchain web browser company has proceeded to cross borders with its crypto tipping offering with embedding it in the applications, Reddit as well as Vimeo. This came out on Wednesday, the August 21st. The tipping option on Vimeo as well as Reddit was released a while after being...
CoinFlex, Cryptocurrency Futures Exchange offers Physical Delivery of Bitcoin contracts for Asian Retail Investors
26.8.2019
CoinFlex, the new cryptocurrency futures exchange, which proclaims to be the world’s first exchange that provides physical delivery for Bitcoin futures contracts, aims for increasing business from Asian retail investors who want to stay away from surrendering to price manipulation which...
Bitcoin Price (BTC) Trades Around $10,300; No Superficial Change In Past 4 hours
26.8.2019
Bitcoin price opened the day trading around $10,300. BTC has even recorded the 24-hour lowest price near its major support level of $10,000 at $10,008.79. But the coin traded in the midrange of the 24-hour high and low price. Bitcoin price trades with strong resistance at $10,500, $10,800 and...
In Future, Difficulty to Mine Bitcoin will Certainly Increase
26.8.2019
In recent news, Bitmain, Bitcoin (BTC) mining giant, is planning to increase its mining capacity by 50% in the following six months on the back of a large hardware order, said by a close source to the deal. “Based on this calculation, after half a year, Bitmain’s total network computing power will...
Bitcoin (BTC) Marks a 2.5% Gain in the last 24 hours; Miles to Go to Touch YTD High
26.8.2019
Bitcoin has gone above $10,400 for a while in the last 24 hours with the help of an almost 2.5% hike. But the coin now lingers at $10,300. Bitcoin’s growth started at the onset of the April boom this year, and since then it has shown five huge price swings. Before analyzing the swings...
India Facing ‘Unprecedented’ Economic Slowdown, Extraordinary Steps Urged
26.8.2019
Many signs indicate that the Indian economy is under grave stress, affecting nearly all sectors. “India’s economy is in a deep mess,” due to initiatives such as demonetization and GST, some lawmakers say, as they urge the government to handle the situation “which...
Bitcoin Vs. Ripple: Bitcoin & Ripple Gains Overnight, But It Can’t Support Their Ambitious Targets
26.8.2019
Bitcoin is up by 2.87% in the last 1 day, whereas Ripple gained 1.74%. Bitcoin’s next resistance may come at 10,500 USD, and Ripple may encounter its resistance at 0.28 USD. Bitcoin has gained 2.87% over the last 24 hours, and it has been roaming around 10,400 USD as of now. Whereas Ripple is...
Minds Behind Crypto Scam Charged with $500,000 and More by US FTC
25.8.2019
On February 16th, 2018, the Federal Trade Commission (FTC) of the United States filed a lawsuit against four individuals—Thomas Dluca, Louis Gatto, Eric Pinkston, and Scott Chandler—for violating FCT Acts by “advertising, marketing, and promotion of purported money-making schemes.” In their...