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This Week in Bitcoin: $8 Billion BTC Trust and Maximalists Misbehaving
14.12.2019
This Week in Bitcoin is your roundup of the prime talking points from across the cryptosphere. From the major news to the minor debates that erupted into huge arguments, we’ve captured the flavor of the frenetic soup that is Bitcoin and all that simmers in it. In this edition, the deadline...
Quadrigacx Founder Dead or Alive? Request for Exhumation and Autopsy Filed
14.12.2019
It has been a year since the founder of now-defunct crypto exchange Quadrigacx supposedly died in India. However, some 76,000 victims are still out of millions of dollars. A court-appointed lawyer representing them has now requested an exhumation and post-mortem autopsy in Canada of the dead body...
Hackers Failed to Execute $400K Worth Bitcoin Scam in Texas
14.12.2019
A Texas-based couple was subjected to an unfavorable incident of extortion from a malicious hacker who demanded a whopping amount of $400k in Bitcoin holdings after sabotaging their Amazon Ring doorbell. Tania Amador, the 28-year-old woman who became the target of the hacker, used her intelligence...
Bitcoin Price Today Draws Controversies as it Trades Stably Around $7,200
14.12.2019
Bitcoin News Today Bitcoin (BTC) draws a declining trend as observed from the cumulative movement over the past two years. It currently trades around $7,250 and forms a declining channel. In order to observe the trend that BTC price has been exhibiting since it hit the ultimate top and bottom...
The Country With Europe’s Highest Interest Rate Has Cut It 5 Times This Year
14.12.2019
Around half of European countries, over 20, now have 0% interest rates and a few are already in negative territory. Ukraine, which has the highest benchmark interest rate on the continent, has just reduced it again, for the fifth time this year. The race between central banks to cut rates, when...
2019’s Bitcoin Miners Are 5x Faster Than Predecessors
13.12.2019
High-powered bitcoin miners and next-generation semiconductors go hand in hand and as process node technology grows, SHA256 hashrate follows. Coinshares’ recent bi-annual mining report highlights that newly introduced mining rigs have “as much as 5x the hashrate per unit as their...
Price Analysis 13/12: BTC, Cryptos Prepare for Possible ‘Santa Rally’
13.12.2019
Bitcoin and many top cryptocurrencies are at critical levels, suggesting that a decisive move will occur within the next few days
Silk Road Darknet Marketplace Founder: BTC Will Reach $100,000 in 2020
13.12.2019
Silk Road’s Ross Ulbricht has predicted that BTC will hit $100,000 in 2020
Lightning Network Wiki Page Faces Removal for Lack of Notability
13.12.2019
A slew of Wikipedia editors would like to delete the Lightning Network (LN) Wiki page because the subject matter does not hold notability. Wikipedia editors use notability as a test to find out if a topic warrants its own article. The LN article debate on Wikipedia is still raging as a few editors...
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...