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Ethereum’s Wrapped Bitcoin Set to Eclipse Lightning Network Capacity
19.7.2019
Since the project launched a little over six months ago, Wrapped Bitcoin (WBTC) has roughly $5.9 million or 558 BTC locked into the system. At the rate WBTC’s token contract is climbing, the project is close to surpassing the Lightning Network’s capacity in the near future. Also read:...
Coinbase Drops Its Coinbase Bundle Crypto Investment Product Without Any Explanation
19.7.2019
World’s leading crypto exchange Coinbase has struck down the Coinbase Bundle, a crypto investment product, from its website. The company removed the product without any prior information or explanation. The Coinbase Bundle was introduced last year in September, with the aim of giving a simplified...
Ex-CEO of Crypto Exchange WEX Arrested In Italy
19.7.2019
Dmitri Vasilev, the former CEO of now-defunct crypto exchange WEX, has reportedly been arrested in Italy
Bitcoin is Declared as Legal Virtual Property by Chinese Court
19.7.2019
Bitcoin (BTC) has now been declared as a legally recognized virtual property by a Chinese court. As per the Hangzhou Internet Court ruling, Bitcoin has the characteristics to be regarded as a virtual property and thus owning Bitcoin will be legal in China. The court also said that the digital...
Bitcoin vs Ethereum: BTC Bull-Run Uplifts Crypto Market; ETH Correcting Down after Price Rally
19.7.2019
Recently, Bitcoin has stepped out of the bearish impact and it took a massive surge above $10,000 over the last 1 day. The price movement of the leading crypto coin has positively impacted major altcoins such as Ethereum and Ripple. Yesterday, BTC had struck an increase above $10k and at present...
Bitcoin vs. Ripple Price Analysis: Both Bitcoin & Ripple are Leading towards Stability
19.7.2019
Both Bitcoin and Ripple have shown three price variations each in the last 24 hours. Both the coins are now moving towards cutting out volatility. Bitcoin has been able to pull itself from the downtrend. It has gotten its strength back, and the same is happening with Ripple as well. The medium-term...
Indian Government Breaks Silence on Crypto Regulation
19.7.2019
The Indian government has finally spoken up about the regulatory framework for cryptocurrency it has been deliberating, providing answers to questions presented in the upper house of the Parliament of India. The government also confirmed that the report with the recommended crypto regulation...
Bitso Becomes First Regulated Crypto Firm In LATAM, Adoption To Get Boosted In The Region
19.7.2019
Cryptocurrency trading platform Bitso has become the first crypto company to be regulated in Latin America, which has opened the door for numerous possibilities. At a time when regulators in Washington and other major countries are lashing Bitcoin and other digital tokens, the move in Mexico...
Bitcoin Price Analysis: Bulls are Back in the Race as BTC Shoots Above $10,500 Again
19.7.2019
Bitcoin price resumes its position above 10,500, forms support near $9800 and $10,000 BTC currently battling with resistance below $10,600 BTC has reached above 10,000 only in 2 hours, $9321.17 has acted as a strong support A steady surge above $10,700 is anticipated if Bitcoin manages to clear...
Bitcoin Price Analysis: Bitcoin Manages to Cross $10,500; Total Recovery May Take Time
19.7.2019
Bitcoin has shown four major price swings in the last 30 days. The bullish medium-term places the target around 15,000 USD to 20,000 USD. Bitcoin, after last few days of struggle, has managed to again go beyond 10,000 USD price level. In the last 24 hours, the coin has managed to hike by almost...
Altcoins Back on the Rise With Litecoin Leading the Charge
19.7.2019
The crypto markets are once again back on the rise with litecoin (LTC) leading the way in the top 10 cryptocurrencies at CoinMarketCap
Market Outlook: Crypto Bulls Rally After Bearish Downturn
18.7.2019
Since July 13, digital currency prices have dropped in value significantly, but most coins have since experienced some recovery. While many crypto supporters are optimistic on where the markets are headed, traders and analysts have noticed a bullish-to-bearish trend. BTC and a slew of other...
Bitcoin and Pot Stocks: The Two Most Profitable Assets of 2019
18.7.2019
Marijuana is the dried flower of the naturally occurring cannabis plant, that’s existed on the planet for thousands of years and has been widely used through history by various cultures. The first-ever recorded use of the plant for medical reasons dates back to 2,737 BC in China when Emperor Shen...
Bitcoin vs. Ripple Price Analysis: Both Bitcoin and Ripple Starts Gaining; Full Recovery May Take Time
18.7.2019
Both Bitcoin and Ripple have shown huge price swings in the last 24 hours. Both the coins may take some more time to bounce back completely. Bitcoin and Ripple are two major coins of the current times, which have attracted the attention of a huge number of investors. Amidst all the volatility...
Tim Draper Calls Indian Leadership Corrupt and Pathetic For Proposed Ban on Bitcoin
18.7.2019
The community of crypto enthusiasts all over the world is aware of the tough stance the government of India has on crypto assets. This has aggravated even more after a draft bill asking for a complete ban on crypto was leaked online on 15th July and spread like wildfire on various social networks....
Bitcoin Price Slightly Rebounds From Yesterday’s Fall
18.7.2019
Yesterday seemed to be a dull day for Bitcoin (BTC) and all the leading coins of the market. The whole crypto market seemed to sink in the bearish zone for the entire day. However, today, we see the condition getting better where BTC rises and trades around $9,900, along with almost all the rest...
Bitcoin Price Analysis: Bitcoin Stands on its Feet by Gaining Almost 3.5%
18.7.2019
Bitcoin has shown five huge price swings in the last one month. The next resistance point is likely to be 10,000 USD. After being hit by a steep push to the ground, Bitcoin has been partly successful in getting on its feet again. It lost almost 14% overnight yesterday, but over the last 24 hours...
Ignore Crypto Twitter – Life as a Nocoiner Isn’t That Bad
18.7.2019
Crypto Twitter (CT) is filled with half-witted commentary and price predictions by so-called luminaries, maximalists, and influencers. As the price of BTC has dropped to four figures, the usual tweets from CT thought leaders has insisted that this is the last chance to buy bitcoin for under...
Lightning Network’s Antifraud Methods Inferior to Nakamoto Consensus, Research Shows
17.7.2019
The Lightning Network, the touted scaling solution for the BTC chain, has recently seen its capacity decrease significantly and the beta project is still best suited for a cliche of technically savvy users. Now according to an analysis by Bitmex Research, the Lightning Network’s nodes have...
Bitcoin Price Analysis: BTC Price Largely in Control of Bears, Trades Even Below $9500
17.7.2019
Bitcoin price breaks even below $9400, hovers around $9100 BTC continues to decrease while tracing a bearish trendline BTC faces Selling pressure, while the price may still continue to decrease In the last 4 hours, Bitcoin saw a decline of 4.25% This seems to be a bad week for Bitcoin as the coin...