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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...
Coinbase to ‘Store 5% of all the BTC in the World’ Following Xapo Deal
16.8.2019
Brian Armstrong, CEO of Coinbase. Major American cryptocurrency exchange and wallet Coinbase has bought the custody interests of Xapo, a company famous for stashing its rich clients’ crypto holdings in a secret Swiss former military bunker, located underneath a mountain.
Coinbase paid USD...
Bitcoin Price Analysis: Bitcoin (BTC) Performs a Quick Recovery by Rising Above $10,000
16.8.2019
Bitcoin recovers quickly from yesterday’s bloodbath; it is hovering around 10,300 USD. Bitcoin’s last month’s performance hints at a price rally at the earliest. After Yesterday’s quick fall below 10,000 USD, Bitcoin has been able to recover towards the closing of the day. Over the last 30 days,...
Dallas Mavericks Fans Can Now Purchase Tickets and Merchandise with Bitcoin
16.8.2019
Since early last year adopting cryptocurrency has been in mind for the Mavs, when billionaire tech investor and the owner of the team, Mark Cuban indicated that fans would soon have the option to utilize Bitcoin to purchase tickets to the group’s games. Mark Cuban, one of the first...
Samsung Adds Bitcoin Support to Its Blockchain Keystore
15.8.2019
On August 13, Samsung, the South Korean multinational conglomerate, published the company’s new Blockchain Keystore SDK for developers and the latest release supports Bitcoin Core (BTC). The version follows Samsung’s previous Keystore release which only supported ETH and the ERC20...