October 23, 2020
The price of bitcoin touched new highs in 2020 and a number of supporters are optimistic that the crypto asset’s value will drive higher. In addition to this year’s bitcoin price high, around eight different countries have seen bitcoin touch all-time highs (ATH) in their local currency. The bitcoin ATHs in these countries show how rampant inflation has ravaged these currencies a great deal during the last year. 2020 has been a hard year as far as the global economy is concerned, and the nation state’s responses to the coronavirus made things a lot worse. Cryptocurrency markets dropped significantly in mid-March following the ‘Black Thursday’ market rout, but have come back in a big way since then. For instance, the price of bitcoin (BTC) has climbed more than 261% since the value dropped to $3,600 on March 12, 2020. BTC […]
October 23, 2020
Data published by Arcane Research suggests that major P2P crypto platforms have struggled to take off in Iran and Lebanon.
October 23, 2020
“Added a cool $300 million in AUM in one day,” boasts Grayscale CEO Barry Silbert.
October 23, 2020
Bitcoin price is chasing another 2020 high but top traders refusing to open longs is a bearish signal.
October 22, 2020
Shortly after it was revealed PayPal will launch crypto payments in 2021, rumors are circulating that the payments giant is looking to purchase a digital asset custodian.
October 22, 2020
Asian cryptocurrency exchange Okex says peer to peer trading is now open but the freeze on withdrawals remains in effect. In an update, Okex CEO Jay Hao reveals that buying cryptocurrency via the fiat gateway is now active as well but he fails to give a timeframe for the resumption of withdrawals. In an earlier tweet, the CEO reassures customers that their funds are safe and that withdrawals will commence as soon as possible. On Oct. 15, Okex announced the suspension of withdrawals of cryptocurrency after an unnamed private key holder was taken into custody by law enforcement. However, since the suspension of cashouts, reports have emerged alleging large BTC withdrawals just before the announcement of the freeze. The Okex CEO has, however, issued statements dismissing such reports. Still, anxious Okex customers are expressing dissatisfaction with the exchange’s failure to […]
October 22, 2020
PayPal’s crypto integration may bode well for Bitcoin price as its user base could triple
October 22, 2020
PayPal’s Bitcoin integration is “probably not because they want to spur healthy adoption,” explained SatoshiLabs.
October 22, 2020
The name is a reference to the protagonist in Neal Stephenson’s novel, Snowcrash.
October 22, 2020
As Bitcoin price rises to new heights, top traders say the monthly and logarithmic chart signal that BTC is entering a new bull trend.
October 22, 2020
Bitcoin’s balance on three popular exchanges decreased by 390k BTC over the past 9 months.
October 22, 2020
The price of bitcoin jumped significantly on Wednesday after the payment processor Paypal announced cryptocurrency support. The jump in value has pushed a large number of bitcoin holders into a state of profit, according to Glassnode “percent of UTXOs in profit” statistics. Based on the current data, 98% of all bitcoin UTXOs are in a state of profit touching levels previously recorded three years ago in December 2017. The price of bitcoin (BTC) closed at a high at $13,184 per coin on Wednesday, October 21 following the announcement from Paypal. During the evening trading sessions, the onchain research and analysis firm Glassnode tweeted about the number of bitcoin unspent transaction outputs (UTXOs) in profit. A UTXO refers to the amount of bitcoin someone holds that has not been spent and is simply stored in a bitcoin wallet. “98% of all […]
October 22, 2020
As Bitcoin briefly surpasses $13,000, its highest price for 2020, market sentiment and fundamentals both favor a prolonged bull market.
October 22, 2020
Bitcoin odds are “repricing quickly,” says Skew as one analyst highlights the current price pump’s “organic” nature.
October 22, 2020
The asset has overtaken the network’s market cap following an announcement that PayPal intends to integrate crypto.
October 22, 2020
When you hear about gambling, you’ll remember some fancy Casino resorts in Las Vegas and Macau or some local brokers in your street. The gambling system has evolved beyond the traditional houses to online gambling. Online gambling is valued at US$ 46 billion, and it is projected to around US$ 96 billion in 2024. Lotteries are one of the most popular online games today. Many companies are offering different types of online lottery systems, but Multilotto is a company that is changing the way you play lottery online. Multilotto lotteries provide a powerful user experience; many lottery systems provide beautiful websites without providing their users to navigate the website easily; it is difficult for users to play games or make payments. Multilotto offers tutorials that help the users to understand the website. The team works every day to provide new […]
October 22, 2020
The parliament member claimed that there are no anti-blockchain voices in the Russian government
October 22, 2020
Sergey Nazarov: there is a demand for Chainlink VRF from other chains like Matic.
October 22, 2020
Analysts expect a profit-taking pullback in the Bitcoin market after BTC hits $13,000 upon the PayPal news.
October 22, 2020
Paypal launching cryptocurrency services has given crypto investors much to think about. While many crypto users view the news as extremely bullish, some point out several areas of concern bitcoin investors should be aware of. ‘Every Major Bank Is Having a Meeting About How To Support Bitcoin’ The news of Paypal launching a service that will enable customers to buy, hold, and sell cryptocurrencies directly from their Paypal accounts has triggered much discussion within the crypto industry. Users will also be able to pay for goods and services at 26 million stores that accept Paypal as a form of payment with the cryptocurrencies in their Paypal accounts. The crypto industry has largely viewed the news as extremely bullish, sending the price of bitcoin above $13,000. Virgin Galactic chairman Chamath Palihapitiya tweeted in response to the Paypal news Wednesday: After Paypal’s […]
October 22, 2020
It scores highly among the possible options to counteract inflation.
October 22, 2020
The German state-funded energy project uses DLT to enable transparent market transactions.
October 22, 2020
Member-led working groups are helping define security standards for tokenized use cases.
October 22, 2020
Bitstamp is replacing its CEO for the first time since the company’s establishment.
October 22, 2020
Scam websites posing as famous crypto projects ask for private keys so they can steal users’ funds.
October 22, 2020
If you look at its governance, definitely not.
October 22, 2020
The central bank wants to learn from private-sector digital currencies — but still believes they are inferior to central bank money.
October 22, 2020
Goldman Sachs has reportedly agreed to settle with the U.S. government over its role in a corrupt Malaysian government investment fund, which is one of the firm’s worst scandals since the financial crisis. In addition, Goldman Sachs previously agreed to pay the Malaysian government billions of dollars to end a criminal probe. Goldman Sachs’ Billions of Dollars in Settlement Goldman Sachs Group Inc. has agreed to pay about $2.8 billion to the U.S. Department of Justice (DOJ) to settle a case involving a corrupt Malaysian government investment fund, the Wall Street Journal reported Tuesday. This is in addition to the $3.9 billion settlement the firm agreed to pay the Malaysian government over the same case. Under the agreement with the DOJ, Goldman Sachs will admit fault but will not face prosecution, the publication noted, citing people familiar with the matter. […]
October 22, 2020
The CSO of CoinShares thinks that a payments-focused PayPal token could be forthcoming.
October 22, 2020
The platform is just the latest product in the fintech’s long-evolving blockchain solutions.
October 22, 2020
Bitcoin price hits a new record high in seven national currencies of 500 million people.
October 22, 2020
HEX.COM – The First High Interest Blockchain Certificate of Deposit – has outperformed every asset in 2020. Ranked Top 20 by Nomics (BTI verified #1 in Market Data Integrity), over $240 Million HEX are in active stakes paying a variable 28% APY. The average stake length is 5 years; the longest stakes are 15 years. This kind of verifiable onchain commitment seen in HEX is unprecedented in cryptocurrency. HEX is Designed to Outperform And It’s Working On November 19th HEX’s Big Pay Day highlights the strong finish to an exciting yearlong launch phase, crediting active stakes with 183 Billion HEX worth over $750 Million dollars. Read more about this windfall event below. All figures herein cited at the time of writing. Design intention is never a promise, but seeing HEX perform as designed appears indeed very promising: HEX’s price has […]
October 22, 2020
Litecoin price started a strong upward move above the $48.50 and $50.00 resistance levels against the US Dollar. LTC price is currently trading above the $54.00 support level and the 55 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $48.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to continue higher above $55.50 and $56.50 in the near term. Litecoin price is trading in a strong uptrend above $50.00 against the US Dollar, similar to bitcoin. LTC price is likely to continue higher as long as it is above $52.00 and $50.00. Litecoin Price Analysis In the past few sessions, there was a strong rally in bitcoin, Ethereum, ripple, and litecoin against the US Dollar. Earlier, LTC price formed a support base above the […]
October 22, 2020
U.S. capital gains tax laws are likely to catch out many new users of PayPal’s cryptocurrency payments system