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How US ‘Keep Big Tech Out of Finance’ Draft Bill Targets Facebook’s Libra
14.7.2019
Facebook’s digital currency plans have caused concern among bureaucrats worldwide and members of the U.S. government seem fearful of a giant tech establishing itself as a financial institution. Prior to the U.S. congressional hearings and the upcoming G7 finance meeting, a U.S. discussion...
Ethereum Vs Bitcoin Price Analysis: ETH Takes Heavy Drive But BTC Maintains Its Momentum
14.7.2019
Ethereum price reaction reflects a heavy fall on the chart. Bitcoin maintains itself on the chart. Bitcoin demonstrates better potential than Ethereum since the beginning of the month. Ethereum (ETH) and Bitcoin (BTC) are the top rankers of the crypto market. The movement in the price affects many...
Hackers Stole $32 Million Worth of Crypto from BITPoint
14.7.2019
In yet another incident of massive crypto theft, BITPoint has reportedly been robbed of around $32 million worth of cryptocurrency. The investigators who are investigating this fraud have found that hackers got access to the BITPoint system for around 12 hours and in that period, this whole...
Bitcoin Price Analysis: Bitcoin Loses by Small Margin; Likely to Bounce Back
14.7.2019
Bitcoin has shown four huge price swings in 24 hours in the range of 2% and 6%. The next resistance is likely to be around 11,853 USD. Bitcoin has been tracked by many investors after its short stint of huge growth in the last few months. However, with growth, the coin has also experienced steep...
South African Payment Gateway Drops BTC Over Fees and Network Congestion
13.7.2019
On July 12, South African payment gateway service Payfast announced the company is dropping bitcoin core (BTC) payments due to network congestion and high fees. Payfast emphasized that BTC has a number of limitations and design flaws which makes it an “impractical substitute for cash.”...
Thailand Endorses Four New Crypto Service Providers to Operate in Country Legally!
13.7.2019
Thai SEC (Securities and Exchange Commission) has authoritatively endorsed four new digital asset business service providers. Moreover, new conditions, rules, and methods have been presented for digital asset organizations. Under the nation’s present regulatory system for digital tokens...
One More Crypto Firm Wants to Provide Bitcoin Derivative Offerings in United States
13.7.2019
Investors in the US will soon be able to opt for Bitcoin derivatives from one more crypto company. trueDigital Holdings LLC, the global institutional platform based in New York for digital finance, has disclosed its plans of offering Bitcoin derivatives to the investors in the United States....
Bitcoin Price Analysis: BTC Price Dips Even Below $11500
13.7.2019
BTC price breaks below $11500, finds support above $11300 MACD currently indicates bearish momentum with moderate volatility RSI stands at 30, showing oversold momentum Crypto world may see this week to end on a weak note as its leading coin, Bitcoin seems to have a pale time. Since a couple...
John McAfee Says It’s Impossible To Regulate Cryptocurrencies, As Regulation Will Only Hurt Users
13.7.2019
After Donald Trump’s remark on Bitcoin and altcoins, crypto enthusiasts, stakeholders, and promoters have come out with strong reactions. While some asked Trump to invite crypto leaders to understand the industry as his advisors were misleading him, others thought that this is just another...
Bitcoin’s Bounce Back Might be the Biggest Bull Signal Ever
13.7.2019
Just when we thought that the price correction of Bitcoin is the result of the most influential personality, Donald Trump stating that he is not a big fan of Bitcoin and other cryptocurrencies. But taking this into consideration, it is important to note that Bitcoin and other cryptocurrencies have...
How to Avoid Ponzi Schemes in the Crypto Space: A Checklist
13.7.2019
If you have been in the crypto industry for a couple of years, you might have heard of two types of crimes. One, the cyber attacks, which like any other attack is an open threat, and the other, just a result of lack of awareness, are Ponzi schemes. Conmen have found a new playground in …
The...
Thailand Approves 4 New Cryptocurrency Service Providers
13.7.2019
The Thai Securities and Exchange Commission has approved four new crypto business operators to legally operate in the country. In addition to licensing a new crypto exchange, the government has officially approved the country’s first three digital token portals. Meanwhile, new rules...
Bitcoin Vs. Ripple: Bitcoin (BTC) May Become More Profitable than Ripple (XRP) in the Medium-term
13.7.2019
Bitcoin’s growth in the last 3 months has rocked the whole market. The impact can be seen on all other alternative coins as well. However, Ripple has been successful in avoiding a huge part of Bitcoin’s effect on its price. Here is an analysis of the price movement of both Bitcoin and Ripple in...
Bitcoin Price Analysis: Bitcoin’s (BTC) Volatility May Stop for Some time
13.7.2019
Bitcoin shows four major price swings in the last 24 hours. The target for 2019 remains at 15,000 USD. Bitcoin has been swinging significantly in the past months, but in the last 24 hours, it showed slight stability. There were four major price variations, but all of them are in the moderate range....
Miners Flock to Iran Where Bitcoin Mining Is Set to Be Sanctioned
12.7.2019
According to regional reports, the Central Bank of Iran (CBI) is planning to allow licensed cryptocurrency mining as long as operations are charged for electricity based on the price of export. The CBI governor, Abdol Nasser Hemmati, explained that mined cryptocurrencies should flow back into...
Big Guns of Crypto Fraternity React to Trump’s Tweets on Bitcoin and Other Cryptocurrencies
12.7.2019
Cryptocurrencies have been at a tussle with regulators and lawmakers globally for a long time, however, the fight took a notch higher when US President Donald Trump tweeted late night that he isn’t a fan of Bitcoin and other cryptocurrencies. He blasted Bitcoin accusing it of being used...
Win 2019 Rugby World Cup Tickets When You Play at Games.Bitcoin.com
12.7.2019
Are you a cryptocurrency user and rugby fan who’s always dreamed of going to the World Cup? Here’s your chance to win tickets to the 2019 Rugby World Cup in Japan, including flights and accommodation, in an exclusive competition at Games.Bitcoin.com. Also Read: Bitcoin Cash ETP Lists...
Bitcoin Vs. Ethereum: Both The Cryptos Move Towards Having A Positive Price Trend
12.7.2019
Recently US President Donald Trump stating his views, mentioned that he is not a big fan of Bitcoin and other cryptocurrencies. In his tweet, he wrote that the crypto space is backed by ‘a thin air.’ Again on the same day, the Chief of Federal Reserve also mentioned the altcoin. Additionally...
Bitcoin Price Analysis: BTC Holds Above its Key Support, Consolidating Around $11500
12.7.2019
Bitcoin manifests a bit optimistic price path over the last 4 hours BTC increases to 2.92% in the last 4 hours MACD shows a lack of volatility, while RSI indicates stability In the last 24 hours, Bitcoin has witnessed a massive loss of gains as the coin has lost its price position from above...
President Trump Jumps Into Crypto War, Says Not Big Fan of Bitcoin; Warns Facebook
12.7.2019
The tussle between the administration and Bitcoin just intensified as the world’s most powerful lawmaker, president of the United States, Donald Trump has spoken on cryptocurrencies for the first time, and the news is not pleasant for the industry. Trump has tweeted that he isn’t a fan of Bitcoin...