January 19, 2021
ENJ has been given the official nod by the Japan Virtual Currency Exchange Association, a self-regulatory body.
January 19, 2021
A Biblical message was unearthed in block number 666,666 of the Bitcoin blockchain: “Do not be overcome by evil…”
January 19, 2021
ADA price rallied above the $0.3000 and $0.3500 resistance levels against the US Dollar. The price is now correcting gains from $0.3982 and it is well above the 55 simple moving average (4-hours). There is a crucial bullish trend line forming with support near $0.3220 on the 4-hours chart (data feed via Kraken). The price is likely to continue higher as long as it is above the $0.3200 support in the near term. Cardano price is correcting gains from the $0.4000 zone against the US Dollar, while bitcoin is consolidating. ADA price could dip to $0.3200 before a fresh increase in the near term. Cardano Price Analysis Cardano price started a strong rally after it cleared the $0.3000 against the US Dollar. The ADA/USD pair broke the $0.3200 resistance level and settled above the 55 simple moving average (4-hours). The […]
January 19, 2021
A bearish outlook may be triggered if bitcoin doesn’t claw its way back over $40,000, the analysts said.
January 19, 2021
Aimed to appeal to crypto newcomers, CoinDCX Go allows users to trade smaller denominations of 14 of the industry’s top assets.
January 19, 2021
The fake Trezor app has been downloaded by at least 1,000 people on the Android’s app store Google Play.
January 19, 2021
Ethereum price gained bullish momentum and cleared the $1,250 resistance against the US Dollar. ETH price is currently trading well above $1,300 and the 55 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $1,250 on the 4-hours chart (data feed from Coinbase). The pair is eyeing an upside break above the $1,380 and $1,400 resistance levels. Ethereum price is trading in a bullish zone above $1,250 against the US Dollar. ETH/USD is likely to accelerate higher above $1,350 and $1,400 in the coming sessions. Ethereum Price Analysis In the past few days, Ethereum started a steady increase from the $904 swing low against the US Dollar. ETH price broke a couple of important hurdles near $1,120 and $1,150. The bulls remained in action, resulting in a push above the $1,200 level and […]
January 19, 2021
By embracing crypto mining activities in the region, Pakistan and Iran may give other nations in the Middle East an example to follow.
January 19, 2021
Ether has been outperforming Bitcoin in the last few weeks as Ethereum’s momentum strengthens.
January 19, 2021
In a possible first for Spanish football, DUX Internacional de Madrid, a lower division side says it has used crypto buy a new player. The player, David Barral moved to his new club after Criptan, the new club sponsor facilitated the acquisition. Criptan is a cryptocurrency trading company that is registered in Valencia, Spain. Meanwhile, following the player’s move, a Spanish football news site quotes Barral, who is now aged 37, expressing his eagerness to continue playing for what will be his seventh club. Barral says: I am happy to join this project, with desire, ambition and responsibility to continue competing and achieve important challenges in my sports career. Furthermore, the news report also details Barral’s football journey prior to joining Dux International de Madrid. The report says in addition to playing for Real Madrid, Barral has also played for […]
January 19, 2021
Messari estimates Ethereum’s daily transaction volume is now 28% greater than Bitcoin’s.
January 19, 2021
New research from Glassnode indicates the top 1% of Chainlink holders control nearly 81% of the token’s supply.
January 19, 2021
Ethereum price is in hot pursuit of a new all-time high, while Bitcoin price continues to trade sideways.
January 19, 2021
With Uniswap’s treasury now worth more than $500 million, creator Hayden Adams has asked the crypto community for suggestions on how to spend it.
January 19, 2021
Crypto data sites are double-counting tokenized Bitcoin, with three BTC tokenization protocols representing more than 1.4% of the reported altcoin market cap.
January 19, 2021
Police in Iran have reportedly seized 45,000 bitcoin mining rigs for illegally using subsidized electricity from the state-owned power utility Tavanir, the local Tasmin News Agency reported this week. According to Mohammad Hassan Motavalizadeh, head of Tavanir, the efficient application-specific integrated circuit (ASIC) bitcoin miners had been consuming 95 megawatts (MW) per hour of electricity at cheaper prices. Authorized miners are charged around 4,800 rials ($0.11) per kilowatt-hour in autumn, winter and spring, says the Iranian Energy Ministry. Subsidized rates may be half as much. Since 2019, when crypto mining became legal in Iran, the Islamic Republic has shut down 1,620 unauthorized mining farms, local media reported earlier this month. The farms consumed 250MW of electricity, it said. Now, the Middle East country is currently facing severe power shortages due to rising winter demand, with rolling blackouts across major cities. […]
January 19, 2021
CoinShares’ CSO says the firm is “starting 2021 off with a bang” by launching a $200 million physically-backed Bitcoin ETP on Switzerland’s SIX exchange.
January 19, 2021
To comply with Dutch regulations, Netherlands-based Bitstamp users can no longer make withdrawals without first providing photographic proof they own the recipient wallet.
January 19, 2021
Grayscale has purchased 5.7x the daily amount of BTC mined. The company has exactly acquired two days ago 5,000 BTC worth $189 million. This is according to data […]
January 19, 2021
Polkadot (DOT) has surpassed XRP as the 4th largest cryptocurrency in the world. In this way, DOT became the most valuable virtual currency after Bitcoin (BTC), Ethereum (ETH) […]
January 19, 2021
Historically, millennials (people between the ages of 25 and 40) form an age group that has the ability to greatly influence the economy. At this point, that’s the […]
January 19, 2021
It is not an easy task to find the easiest cryptocurrency to mine. If you want to mine Bitcoin (BTC) or Ethereum (ETH), you will need to use […]
January 19, 2021
Crypto.com has already been in the market for several years. However, we believe that crypto users deserve a proper Crypto.com review. This is why at UseTheBitcoin, we have […]
January 19, 2021
Ethereum (ETH) has moved higher by over 7% in the last 24 hours as a large number of users is withdrawing ETH from exchanges. This is pushing Ethereum […]
January 19, 2021
The European Union (EU) is reportedly planning to reduce its reliance on the U.S. dollar-based financial system, after American sanctions on Iran exposed the vulnerabilities of the bloc’s financial infrastructure. According to officials, who are now determined to challenge the dollar’s supremacy, the renewed desire to boost the role of the euro currency is also partly inspired by “lessons learned from the Covid-19 pandemic.” The US Dollar Domination In sentiments expressed in the draft European Commission (EC) policy paper, officials warn of the current over-reliance “on the US dollar to cushion financial tensions and stability risks.” Prior to the latest revelations, the EU had “long sought to promote greater use of the euro as the bloc tries to bolster its financial and economic autonomy.” Yet, as a Financial Times report explains, it took the negative effects of the dollar’s dominance […]
January 19, 2021
Crypto friendly regulations, rising user activity and a recent collaboration with Yearn finance back Curve DAO Token’s recent triple-digit rally.
January 18, 2021
A growing DEX ecosystem, competitive futures platform and low fee incentives pushed Binance Coin to a new all-time high one day ahead of its scheduled token burn.
January 18, 2021
It joins several other ETP providers on the exchange, including ETC Group, with its own physically backed bitcoin product.
January 18, 2021
Successful applicants can use the funds to buy a ticket to the company’s headquarters.
January 18, 2021
Bitcoin is trading for just over $36,000. Despite a recent $4,000 drop, the asset is still considered to be doing well by analysts and industry experts alike. However, the cryptocurrency is once again being outdone by several smaller coins, particularly those in the decentralized finance (Defi) space. Defi Is Seriously Outdoing the Ranks of Bitcoin Bitcoin has added roughly 300 percent to its price over the past year. It is the largest and most popular cryptocurrency by market cap, and has thus far been hogging most of the attention when it comes to the spectacular rises that have occurred within the confines of the crypto space since early 2020, but is this attention really justified? While the currency is in solid shape, it’s still being outdone by several of its tinier competitors. The Defi space first came about has a […]
January 18, 2021
Ecuadorian Presidential Candidate Proposes a National Cryptocurrency but It Won’t Replace the Dollar
An Ecuadorian presidential candidate hinted at creating a cryptocurrency in the country as part of its government agenda. Giovanny Andrade said that the national crypto aims to “facilitate” transactions across the country. Crypto Could Be Backed by Gold During an interview with Primicias, Andrade, representing the Union Ecuatoriana party, believes its cryptocurrency idea is a crucial part of his country’s proposals. However, he doesn’t want to ride off from Ecuador’s dollarized economy: We are looking at ways to create an Ecuadorian cryptocurrency. This does not mean that we are going to escape from dollarization. We must support dollarization. The Ecuadorian-Chilean Mining Chamber also claimed that a series of investors want to allocate $320 million to finance a “Latin American gold refinery.” He also said that such cryptocurrency is backed by the yellow metal gold, like Venezuela’s petro with oil. Andrade […]
January 18, 2021
The inconvenience of using Bitcoin directly may soon be dwarfed by the headache of moving it on and off exchanges.
January 18, 2021
Over the weekend, Iran was the victim of several energy blackouts that saw entire electrical grids go dark for hours at a time. Now, government heads are saying that bitcoin mining may have had something to do with these blackouts. Iran Suffers Blackouts; BTC Mining to Blame? Iran – like many of the world’s nations – has been hit hard by the coronavirus pandemic. The nation is under heavy economic stress and often sees its energy sectors mismanaged by those who have been put in charge. However, some believe it’s not the managers that are responsible for what’s been going on, but rather those who are trying to use Iran’s energy to extract new digital coins. According to a statement released by Mostafa Rajabi Mashhad – a spokesman for the electricity industry at Iran’s energy ministry – illegal crypto miners […]
January 18, 2021
After the co-owner of the Atilis Gym in New Jersey appeared on TV and told the public the state confiscated over $173k from the gym owner’s bank account, Ian Smith revealed Atilis Gym has now set up a crypto wallet. Smith explained that a number of people didn’t want to donate using the Gofundme platform, so peer-to-peer electronic cash supporters created a proposal on the permissionless fundraising application, Flipstarter, so people can donate bitcoin cash toward the gym owner’s legal efforts. Uncensorable Money Advocates Help Atilis Gym Owners Just recently, news.Bitcoin.com reported on the Atilis Gym in New Jersey owned by Ian Smith and his business partner, Frank Trumbetti. Last week, Smith told the public that New Jersey’s (NJ) Governor Philip Murphy seized the gym’s legal defense funds during the gym owner’s appeals process. The state took $173,613.60 according to […]
January 18, 2021
The BTC price is at a crucial inflection point, according to JPMorgan strategists.
January 18, 2021
At the end of an 80-year global debt supercycle, who benefits from having the U.S. dollar as the world’s reserve currency?
January 18, 2021
Altcoins are beginning to lose bullish momentum as Bitcoin price struggles to reclaim $40,000.
January 18, 2021
The first Hyperledger-based cryptocurrency to achieve mainnet status just exploded 486% overnight, possibly bouyed by an impending Bitcoin trading pair.
January 18, 2021
Kevin O’Leary of “Shark Tank” fame is in the news again for doing nothing other than bashing bitcoin for the umpteenth time. It just goes to show you that no matter how well bitcoin does, there are many doubters out there that will likely continue to spew angry or negative words towards what appears to be a growing store of value. Kevin O’Leary: Bitcoin Is a “Nothing Burger” Bitcoin is presently trading for well over $36,000. This is more than five times its size in January 2020. Nothing could have prepared the world for this level of expansion in just 12 short months. Typically, an asset that engages in that kind of activity warrants respect, but not for O’Leary. In a recent interview, he refers to bitcoin as a “nothing burger” and says that nothing exists to justify BTC investments. […]
January 18, 2021
With BTC hovering around $36,000 and Iran’s government blaming miners for recent blackouts, CoinDesk’s Market’s Daily is back with the latest news roundup.
January 18, 2021
Crypto exchange company Huobi Global, today announced it has partnered with BCB Group, a European-based crypto-dedicated payment services provider, to provide clients with European fiat on/off ramps and the ability to send fiat to crypto counterparties via BLINC in real-time, 24/7, 365 days a year. BCB is well known for providing regulated services for cryptocurrency companies looking to target the burgeoning European market. Working with BCB will enable Huobi to bank its OTC desk with the firm as well as let them handle foreign exchange flow. BCB also allows Huobi to have access to their unique instant fiat settlements rails and instant settlements network, BLINC, so that customers are able to settle OTC trades lightning fast. “We understand the importance of both a compliant, and streamlined service. Partnering with BCB allows us to offer a European fiat on and off […]
January 18, 2021
The price of bitcoin and a number of digital assets have been consolidating this week, after a number of crypto markets dropped over 25% the week prior. The entire crypto-economy is hovering just below the $1 trillion mark at $987 billion, gaining 1.3% during the last 24 hours. Crypto Asset Markets Consolidate A good number of crypto-asset markets have been meandering about in a state of consolidation, while a few tokens have seen significant gains in recent days. At the time of publication, bitcoin (BTC) has been exchanging hands for $36,400 per unit with an overall market valuation of around $677 billion. BTC’s market cap gives the crypto asset a 66% dominance rating in comparison to all the alternative digital currency valuations in existence. At the current price BTC is up 4% during the last seven days, 54% for the […]
January 18, 2021
KardiaChain, a scalable, non-invasive interoperable hybrid blockchain platform, today announced integration with ShareRing, a transparent, decentralized ecosystem. With the upcoming launch of ShareRing’s app, ShareRing will integrate KAI token, opening up new utility through ShareRing partner products, including travel services, e-commerce, e-visas, local delivery services, healthcare, passport apps, payments/foreign exchange apps, car rentals, insurance, and more. ShareRing will integrate KAI into the ShareRing ecosystem within the app wallet to be accepted as payment for any services on the ShareRing network, as well as for any of ShareRing’s connected partners across more than a dozen industries. ShareRing may consider adding KAI’s services/dApps to their app as well in the near future. Similarly, KardiaChain will integrate ShareRing’s travel and passport features into the KardiaChain ecosystem via the KAI membership app with our top-up service, payment gateway, KAI master wallet, and Mai Linh […]
January 18, 2021
The crypto exchange is partnering with BCB Group to get instant GBP and euro settlement for its customers.
January 18, 2021
Blockpass, a blockchain-powered KYC platform, today announced integration with Matic, a scaling solution for public blockchains. Providing fast, efficient, and effective KYC services for Matic is the latest example of Blockpass’ of on-chain KYC. Matic is a hybrid plasma/Proof of Stake side chain which uses an adapted version of the plasma framework, providing a solution for fast and low-cost transactions. Horizontally scalable, the network currently uses one side chain, with more able to be added when or if they are required. Matic is completely EVM compatible, providing users with the same options they would find or use on the Ethereum mainnet. Blockpass is a digital identity verification provider that provides a one-click compliance gateway to financial services and other regulated industries. Through Blockpass, users can create, store, and manage a data-secure digital identity that can be used for an entire […]
January 18, 2021
Selling dedicated crypto cards would alleviate pressure on Nvidia’s consumer models.
January 18, 2021
Gary Gensler has taught courses about blockchain at MIT.
January 18, 2021
As DeFi protocols continue to garner mainstream traction, here’s an introduction to how lending and borrowing work on these platforms.
January 18, 2021
Unlike most blockchain gaming fundraises, this one offers equity in the company and future profit-sharing.
January 18, 2021
PRESS RELEASE. On December 21st, 2020, the Nexus Protocol white paper was released. The new internet will be driven by a blockchain-based operating system (LX-OS) and communications protocol (Nexus Protocol), that will be connected by a distributed satellite-based mesh network. The white paper contains technical specifications and mathematical models that showcase and prove the viability, value proposition, and practicality of this novel architectural framework. Network Architecture Web 3.0 or Decentralized Web (DWeb), has been coined as the next evolution of the internet, with the promise of emancipating digital communication by reducing users’ reliance on a select few companies and technologies, to ultimately diminish the dominance of conglomerates. The Nexus Protocol takes this a step further, by decentralizing and democratizing the network infrastructure hardware and software. A network consisting of tokenized micro-satellites, ground stations, and phased array antennas form the backbone […]
January 18, 2021
YFI price can break above $50,000 if Bitcoin continues to consolidate in the near term.
January 18, 2021
Biden’s pick to run the SEC has some serious crypto and blockchain chops.
January 18, 2021
Crypto Chi is a combination of financial innovation, libertarian and capitalist ideology, and human empowerment.
January 18, 2021
Zilliqa, a high-performance blockchain platform for next-gen applications, today announced it has powered the digital representation of a rare whisky collection known as ‘Casks of Distinction’ which was listed earlier today on Southeast Asia’s member-driven exchange Hg Exchange (HGX) by Rare Cask Holdings Pte Ltd, a wholly-owned subsidiary of PrimePartners Corporate Finance Holdings (PPCFH). This essentially means that by tokenizing it as an “asset-backed security,” Zilliqa has empowered accredited investors to own a portion of this previously illiquid asset. On reaching maturity and bottling, securities can be traded on HGX for cash value. Investors can alternatively choose to receive physical delivery of one bottle of whisky from the underlying cask for each security owned. The investment potential of luxury items and collectibles is increasingly seeing interest from the masses. HGX and its alliance of financial intermediaries — namely PhillipCapital, PrimePartners, and Fundnel — thus […]
January 18, 2021
Grayscale CEO Michael Sonnenshein says institutional investors are also exhibiting a growing interest in diversifying their investments by choosing other crypto assets besides bitcoin. Sonnenshein, who was recently appointed to the CEO position, made the comments just before the revelation that the company had raised more than $700 million in a single day. The asset raised, which according to the CEO is the largest single-day asset raised so far, follows Grayscale’s recent release of its Q4 report. According to that report, Q4 of 2020 had been a successful one with a total of $3.3 billion in investments being recorded across the company’s range of products. However, in an earlier tweet, the CEO asserts that institutional buyers are trying to minimize risks by spreading their exposure. Sonnenshein says: While bitcoin remains most of our investors’ first step into space, we’ve seen […]
January 18, 2021
Stephen Harper said “the number of things that people use as reserves will expand,” but the U.S. dollar will still retain its dominant role.
January 18, 2021
Mai Fujimoto’s Kizuna crypto donation platform is partnering with blockchain gaming platform Enjin to sell tokenized celebrity artwork.
January 18, 2021
Cold hard numbers are showing why Bitcoin moons and dumps — and the reasons are more straightforward than you might imagine.
January 18, 2021
Chainlink’s LINK token set a new record price early on Monday, and other altcoins are seeing solid gains.
January 18, 2021
As the crypto markets mature and institutional money flows into the space, technology to detect fraud and money laundering involving digital assets is more important than ever.
January 18, 2021
The security token offering enables investors in select EU countries to share in future profits, Exordium says.
January 18, 2021
Following an alleged December breach, the trading platform now says it will close and repay users any remaining funds.
January 18, 2021
The South Korean arm of global crypto giant Huobi has acquired an ISMS certification to comply with the upcoming Special Payment Act.
January 18, 2021
An Australian Bitcoin exchange operator has taken legal action against two commercial banks in the country, accusing them of discriminatory practices.
January 18, 2021
The trader had operated a registered digital currency exchange, but said he was unable to continue operating without banking services.
January 18, 2021
A palladium fund founded by Norilsk Nickel will launch exchange-traded commodities for metals custodied using blockchain at the Deutsche Börse and London Stock Exchange.
January 18, 2021
Robonomics Winter School 2021 is inviting all willing to join master classes and lectures hosted by experienced contributors and programmers operating with Dapps and Web services on the Polkadot Parachain. The opening ceremony will launch on Wednesday, February 10, at 7:00 PM GMT+3. The main event with all master classes and lectures will be taking place from the 11th to the 24th of February. Robonomics – an open-source platform for IoT applications that supports a new generation of internet technologies implementing the exchange of technical and economic information in the form of atomic transactions between user applications, IoT services, and complex robotics. Topics to be discussed: What are Robonomics and Robonomics parachain? How can you use a set of software for connecting IoT devices using the HTTP/MQTT protocol, complex robotic systems using the Robot Operating System (ROS)? Decentralized cloud infrastructure […]
January 18, 2021
GateHub, the multicurrency wallet provider, has today launched Wallet Protect, a new service for XRP ledger wallets that provides back-up key creation, secure key storage, fund recovery, and theft cover. These new safety features, which are provided by Coincover, offer peace of mind for anyone looking to guarantee the safety of their cryptocurrency holdings. With 1.5 million customers, GateHub is one of the world’s largest XRPL gateways, allowing its users to send and receive payments from any supported network and across a range of fiat, cryptocurrency, and commodity assets. New capabilities include: Back-up key creation: guaranteeing the ability to access cryptocurrency should a wallet holder lose their key. Secure key storage: preventing any third-parties from gaining unauthorized access to keys, using highly secure security protocols and access control. Fund recovery: should it be impossible to access a wallet, either due to customer error […]
January 18, 2021
Prices fell by 6% in the seven days to Jan. 17, a weekly fall not seen since the first week of September.