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Surprise! State-Owned Bank Says Bitcoin Price Is Too Low
2.10.2019
Source: iStock/hocus-focus
A German bank believes that bitcoin prices are in for a major boost next year, and says current prices do not take into account the token’s forthcoming mining reward halving – expected to take place in May 2020. The bank estimates that BTC might hit USD 90,000, while...
Blame These Traders for Bitcoin Price Crash
1.10.2019
Recent bitcoin selling pressure actually originated from short-term traders that got bitcoin at prices between USD 10,000 and USD 12,000, claims crypto market analysis firm Coin Metrics.
By analyzing the composition of their realized capitalization measure, introduced as a reportedly more precise...
New Bitcoin Payment Solution to Emerge in Germany After BitPay's Exit
1.10.2019
A new cryptocurrency payment solution is in the works in Germany after major crypto payment processor BitPay left this market earlier this year.
Salamantex, an Austrian payment service provider, and TEN31, a fintech arm of German bank WEG Bank, agreed to cooperate and now aim to start accepting...
Bitcoin Price Rebounds to USD 8.5K, Altcoins Start Corrective Increase
1.10.2019
After a downside extension below USD 8,000 and USD 7,800, bitcoin price found support above USD 7,600. As a result, BTC/USD started an upside correction above the USD 8,000 and USD 8,250 resistance levels. The price gained nearly 8% and tested the USD 8,500 resistance area. Similarly, there was...
Venezuela Considers Moving its Bitcoin and Ethereum Stash
1.10.2019
Venezuelan president Nicolás Maduro says his country is working on an international and domestic payments system that will make use of cryptocurrencies.
The troubled Latin American state has seen trade screech to a halt as United States sanctions continue to bite. International borrowing is up,...
Bitcoin Price: Cryptoverse is Trying to Guess the Next Move
30.9.2019
Cryptocurrency market and its swift and abrupt changes have given people a lot of headache, but also a lot to think about in the last week alone. People’s opinions on the near and far future of digital assets varies, but bulls seem hard at work. Nonetheless, analysts also urge traders to consider...
Maduro’s Secret ‘Stash’ of Cryptos is Unlikely to Affect Bitcoin Price
27.9.2019
Nicolás Maduro. A Venezuelan state-run oil and gas company appears to be sitting on a bitcoin (BTC) and ethereum (ETH) unspecified “stash” – and the country’s central bank is looking for ways to store the cryptocurrencies in its coffers.
Per a report from Bloomberg – who claim that president...
Bitcoin Price Dips Below USD 8,000, Ethereum Price Sinks 5%
26.9.2019
The most popular cryptocurrency, bitcoin, just broke another important price level this week, dropping below USD 8,000 for the first time since June 11. The total market capitalization went down by 5%.
At pixel time (17:41 UTC), bitcoin trades at c. USD 7,980 and is down by 5% in the past...
Russian Banks: We’ve Found Ways to Tax Crypto Without Changing the Law
26.9.2019
Russian bankers and their lawyers appear to have uncovered creative legal loopholes that could let tax authorities in the country tax crypto holders – without even having to change the country’s taxation code.
Per a report from Izvestia, the Association of Russian Banks has drawn up a document that...
Crypto Debit Card Coming to Mexico as Colombia, Peru Demand Soars
26.9.2019
A banking company claims it will allow Mexican customers to make payments in cryptocurrencies using debit cards. The firm, named Tauros, says its new digital account lets customers keep money in fiat as well as tokens including bitcoin.
Although the company says its new card currently only allows...
Bitcoin Shopping App Fold Raises $2.5 Million to Bring Lightning to Retailers
25.9.2019
Competition among bitcoin retail apps is heating up, with the newly funded Fold App doubling down on lightning network experiments
SEC Delays Wilshire Phoenix Bitcoin ETF Ruling + 11 More Crypto News
25.9.2019
Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world.
Regulation news
American regulator the Securities and Exchanges Commission (SEC) says it has pushed back its decision...
Securities Giant Monex Group Will Give Bitcoin to All Shareholders
25.9.2019
Japanese securities firm Monex Group has announced that it will hand out bitcoin to all of its shareholders – regardless of how much stock they own in the company.
Although the payout is relatively small – just 500 yen (around USD 4.67) – the company says that it will be made universally, and will...
Spain Island Tourists Will Eventually Pay for ‘Everything’ in Crypto
23.9.2019
The technical director of a joint local government-private enterprise group in Spain’s Balearic Islands believes that a future whereby tourists in the area pay “for everything” in cryptocurrencies is on its way.
In an interview with news outlet El Mundo, Fundación Impulsa Technical Director Antoni...
Crypto Market Sentiment Drops Further; BTC and XMR This Week’s Losers
23.9.2019
We find the average crypto market sentiment measure, Sentscore, for the top 10 coins by market capitalization at 5.01/10 this week, compared to 5.22 last Monday, thus dropping for the second week in a row, according to Omenics, a crypto market sentiment analysis service.
For the third week in...
Bitcoin Price Fluctuates Around USD 10K, Altcoins Decline
23.9.2019
This past week, bitcoin struggled to continue above the USD 10,350 and USD 10,400 resistance levels. As a result, BTC/USD declined and traded below the USD 10,150 and USD 10,000 support levels. On the other hand, there were sharp gains in major altcoins, including ethereum, ripple, EOS,...
Stock Exchange Giant Launched Crypto Platform as Bakkt Went Live Today
23.9.2019
The second-largest stock exchange in Germany, Boerse Stuttgart, has launched Boerse Stuttgart Digital Exchange (BSDEX), which is the Germany’s first regulated trading venue for digital assets.
"As of now, selected users in Germany can connect directly to the trading venue, where they can trade...
Derivatives Giant CME to Add Another Option for Bitcoin Investors
20.9.2019
In response to "growing interest" in crypto and customer demand, U.S.-based CME Group said it aims to launch options on bitcoin futures in the first quarter of 2020, pending regulatory review.
"These new products are designed to help institutions and professional traders to manage spot market...
Bakkt Launching on Monday to Various High and Low Expectations
20.9.2019
The much-anticipated crypto trading platform Bakkt is finally launching on Monday, September 23rd, to a number of quite high expectations. Others, however - not as high.
Announced back in August 2018, after being delayed twice due to regulatory issues, Bakkt is bringing its products to...
Satoshi Nakamoto is Dead, Thinks BitMEX’s Arthur Hayes
20.9.2019
Source: iStock/D-Keine
Arthur Hayes, CEO of cryptocurrency exchange BitMEX, thinks that the Cryptoverse’s icon and the inventor of the world’s first and most popular cryptocurrency, Bitcoin, is in fact – dead.
We don’t know who Satoshi Nakamoto is, or even “are”, but the rumors about their...