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Another Self-Proclaimed Satoshi Fails to Sway Crypto Community
19.8.2019
Another person has attempted to claim the title of Satoshi Nakamoto, the creator of Bitcoin. According to a blog post published on August 18, this new person aims to expose his “real-life identity” through a series of written memoirs. The final ‘reveal’ will allegedly give...
China Outlined Plans for Development of Shenzhen Special Economic Zone, Which Includes Promotion of Digital Currency
19.8.2019
The Central Committee of the Communist Party of China on 18th August laid out the strategies for the future improvement of the Shenzhen Special Economic Zone, which includes the research and development of digital assets and the national cryptocurrency dependent on the renminbi. Especially,...
Crypto Market Sentiment Drop Softened Today; BTC Left Positive Zone
19.8.2019
The average crypto market sentiment measure, Sentscore, for the top 10 coins dropped further this Monday to 4.37, below last week’s 4.76 and even below 4.43 from three weeks ago, according to Omenics, a crypto market sentiment analysis service. However, the sentiment improved sharply in the past...
Bitcoin Price Analysis: BTC Consolidates Above $10,600, Expected to Cross $11k
19.8.2019
Bitcoin is above $10,600 since 07:04 UTC today; last 4 hours manifest major spikes above $10,700 BTC seems to have support near $10,670.90, steadily correcting up from there If the bullish trend remains intact, further acceleration above $11,500 can be anticipated Bitcoin is currently marching...
Bitcoin Price Analysis: BTC Hovering Around $10,400; the Next Resistance May Come at $10,600
19.8.2019
Bitcoin shows four major price variations in the last 30 days with a range of 12,200 USD and 9,100 USD. The medium-term outlook of Bitcoin is likely to be bullish. It was a matter of a few months when Bitcoin was raging near 14,000 USD and now it struggled to enter into 10,000 USD zone. …
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QuadrigaCX Users Request Information on Recent Loss of 103 Bitcoins
18.8.2019
Clients of, currently not functioning Canadian cryptocurrency exchange QuadrigaCX are seeking additional information about the current loss of 103 Bitcoins (BTC) through the fund’s recovery. One of the Biggest Four accounting firms EY (Ernst and Young) was chosen by QuadrigaCX as...
Bitcoin Price Analysis: Bitcoin (BTC) Records 7% Uptrend In The Last 30 Days Rising Up To $12,000
18.8.2019
Bitcoin surged up to $12,000 in the first 10 days of the month Bitcoin may close this month on a high note trading above $12,000 Bitcoin has recorded a good amount of growth in the last few months, and the coin is headed towards yet another bull run as it may seem from its current …
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Bitcoin Has 50 Times More Concentration Than Global Wealth
18.8.2019
The basic idea behind the inception of cryptocurrency is to decentralize and take away the rigid control that some banks and organizations have on the monetary transactions. However, according to the latest report of the PARSIQ, an organization involved in the monitoring of the blockchain...
The Entire Bitcoin Dynamic is Changed by the Lightning Network, Says Samson Mow
18.8.2019
Samson Mow, BTCC Exchange’s Founder and Magical Crypto Friends and Blockstream’s present CSO, recently shared his views on Bitcoin’s status and Lightning Network’s advantages in an extensive conversation with SFOX. Blockstream has intended to extend its support to the network of Bitcoin through...
Bakkt Announces September Launch for Its Much-Awaited Bitcoin Futures
18.8.2019
After a long waiting period, Bakkt finally has a launch date for its Bitcoin Futures contracts. As per the official announcement by Bakkt, the company will be launching bitcoin futures on 23rd September 2019 to institutional clientele. This update was made public yesterday via Bakkt’s official blog...
Philippines Increasingly Crypto Friendly – A Look at Driving Forces
18.8.2019
There are many reasons why the Philippines is becoming increasingly crypto-friendly. Not only has its central bank registered more crypto exchanges recently, but the Securities and Exchange Commission has also been actively finalizing crypto guidelines. The country has an active crypto community...
Bitcoin Price Analysis: Bitcoin (BTC) May Go Bullish and Surge up to $12,000 Soon
17.8.2019
It has been a good year for the Bitcoin holders as the coin has shown significant jumps every now and then. The month of June was spectacular for BTC holders giving them huge profits, and it may repeat in the next few months. Bitcoin may move past its current market trends depicting slow movements...
Bitcoin vs Ripple: BTC & XRP Both Are in Negative; Early Recovery Seems Unlikely
17.8.2019
Bitcoin is down by 0.22%, and Ripple lost 0.94% in the last 24 hours. Both the coins may take more than usual time to see a recovery. BTC and XRP, as two of the high ranked coins, have not been able to yield any significant growth over the last 24 hours. However, Bitcoin price got …
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How Coinbase Quietly Became the World’s Biggest Bitcoin Bank
17.8.2019
On August 15, the San Francisco-based digital currency exchange Coinbase announced that it had acquired the cryptocurrency custody service Xapo’s institutional branch. The business move puts Coinbase in the limelight, making it the largest custodial service for digital assets worldwide, with...
Ethereum vs Bitcoin: BTC Reclaims $10,000, ETH Still Appears Well Below $200
16.8.2019
Bitcoin has recently managed a mild price recovery, trades above $10,000 ETH has also rebounded from $175.94, but is still around $183 BTC appears to have a support above $9500, ETH may see support around $183 Bitcoin, after a remarkable bearish phase is ready to take the crypto market up as...
Bitcoin Price Analysis: BTC is All Set to Reclaim $10,000 Again, Though with Stability this Time
16.8.2019
Bitcoin is gearing up for a bull-run, shows positive signs BTC has recently topped $10,000; may rally further Bitcoin has recently formed a support near $9800, technical picture appears bullish A stable surge above $$10,600 is a must for a notable price leap Bitcoin investors can brace themselves...
Coinbase Custody Acquires Xapo, Sees $7 Billion Growth
16.8.2019
Today, Coinbase Custody has announced that it has completed the acquisition of Xapo’s institutional businesses. Coinbase Custody has acquired 55 Million U.S. Dollars, Xapo’s institutional business. The platform was in stiff competition with major investment company- Fidelity, who was also...
Bitcoin Vs. Ripple: Ripple’s Growth Pattern Seems like the Shadow of Bitcoin’s Trend
16.8.2019
Bitcoin has started recovering from the price correction of the last few days. Ripple may take some more time to reach its target. Bitcoin, after the last few days of struggle, has now risen and it is racing towards 10,000 USD currently. On the other hand, Ripple has not shown any signs of growth...
Electricity Theft for Bitcoin Mining Imposes Loss of $25 Million in Malaysia
16.8.2019
Bitcoin Mining is a power-intensive activity, and it consumes a lot of electricity. A report by Cambridge last month showed that Bitcoin consumes more electricity than the entire country of Switzerland. While the cost involved is huge, it can be devastating to electricity manufacturers...
Ponzi Accused of USD 2B Heist & BTC Crash, Analysts Disagree
16.8.2019
In the past couple of days, the Cryptoverse was filled with discussions about an alleged Chinese ponzi scheme selling bitcoin and causing a crash, but according to cryptocurrency analyst group TokenAnalyst, that may not be the reason.
Dovey Wan, a founding partner of California-based investment...