BitFinex exchange halts trading on their services on Tuesday as Bitcoin upsurge crossed $10,000 USD. Is this manipulation of the market or a bare coincidence? In a tweet sent out on Tuesday at 4.25 PM GMT, Joseph Young raised questions on the possible connection between the upsurge in the Bitcoin (BTC) market and BitFinex maintenance […] [Read More...]
How Iran’s millennials are grappling with crippling US sanctions
In early January, after tensions between Iran and the United States escalated to the brink of war, President Donald Trump announced a detente of sorts, stating, “The United States is ready to embrace peace with all who seek it.”It may have sounded like a conciliatory gesture, but the Trump administration went on to levy additional […] [Read More...]
Bitcoin Price Analysis: Why BTC/USD Pullback Is Necessary The For Rally Eyeing $11,000?
Bitcoin revives the uptrend teasing further action towards $11,000. Price pullbacks become a part of Bitcoin’s recovery tactic in 2020. Bitcoin is majestically trading above the critical $10,000 level following what has come to be known as a successful weekend session. A slight dip on Friday saw Bitcoin test $9,700 support. However, a reversal from […] [Read More...]
Ethereum [ETH] and Litecoin [LTC] Prices Closing in on Golden Cross
The uptrend in the crypto markets in the last couple of weeks has been led by large cap altcoins. W.r.t US Dollars, Ethereum [ETH] and Litecoin [LTC] are up 70% and 85%, respectively, since the beginning of the year. Nonetheless, much of the rise can be attributed to the uptrend in Bitcoin. Hence, the gains w.r.t […] [Read More...]
‘Super-swampy’: Kelly Loeffler faces tricky ethical dilemma as senator
ATLANTA — The images sketch the life of a small-town girl in Middle America. She rides a tractor. She shows her prize cow. Wearing a pink-and-white striped waitress’ apron, she takes orders at the local diner.“Grew up on our family farm, working in the fields, showing cattle,” Kelly Loeffler, Georgia’s newly appointed U.S. senator, says […] [Read More...]
3 Reasons Why Bitcoin [BTC] at $10,100 is a Critical Point of Interest for Traders
Bitcoin [BTC] continues to cement on the bullish sentiments as it breaks and hold above $10,000 with a gradual uptrend. The price logs five consecutive green candles with a weekly gain of 9.06%. The weekly closing was above highs around September; a 20-week high. The price of Bitcoin at 3: 00 hours UTC is $10,117. […] [Read More...]
Facebook Libra and Calibra in a clear good cop, bad cop routine?
Facebook Libra and Calibra wallet that goes with it have undoubtedly faced more opposition and controversy than any other stable coin and that too before it is even launched. From the United States government to international banking organizations and the G-7 countries have mostly been critical of the stable coin being launched by Facebook Inc, […] [Read More...]
Security Warning: Bitcoin Software Hijacked By A New Strain Of Malware
As per a report by Forbes, security researchers have warned that the bitcoin blockchain is under an attack by a new strain of the Glupteba malware which is capable of using the bitcoin network to resist attacks itself. Glupteba Exploits Security Vulnerability To Shield Itself from Attacks According to TrendMicro’s latest blog which details the […] [Read More...]
Bitcoin Loses Market Dominance As Alts Make A Come Back
Bitcoin is seen to be losing market dominance as alts are trying to make a comeback from the shock they experienced as a result of the bearish movement which rode through the crypto markets last year. Some analysts believe that alts will make a comeback and resume a drastic bullish movement, rising alongside BTC. BTC […] [Read More...]
This Week in Cryptos: Apple Looks Towards Cryptos While Binance issues Stablecoin Backed by USD
Key highlights Apple says they have an eye crypto Binance issues stablecoin backed by USD VanEck’ to offer limited Bitcoin ETF Franklin Templeton tokenize fund Twitter has no interest in Libra like project Apple says they have an eye crypto This week, another Wall Street Tech Gaint shows signs of getting attracted to crypto. In […] [Read More...]
Ripple is not going to stop from its XRP dumping anytime soon
Ripple’s Chief Technology Officer (CTO) David Schwartz stated that the company would have to disappoint users who want it to stop from XRP dumping. Responding to a Twitter post that asked Ripple to stay away from the XRP ecosystem David Schwartz stated that Ripple would have to “massively disappoint” such users. Ripple Labs is the […] [Read More...]
BitMEX Traders Betting High Stakes on Bitcoin; Trading Pair Crosses $1 Billion Mark
Bitcoin Traders are increasing their exposure to Bitcoin on futures trading platform BitMEX. The trading pair is fast approaching its all-time high of $1.22 billion. BitMEX’s Main Trading Pair Crosses The $1 Billion Mark BitMEX’s main trading pair – XBT (Bitcoin and USD) has risen by over $250 million in the last 10 days. The […] [Read More...]
Chinese digital currency: A threat to financial privacy
The people’s republic of China has been planning to launch a Chinese digital currency for the better part of the decade. China has been working for a state-run digital currency while at the same time, it is against all privately launched virtual currencies including cryptocurrencies. Chinese Digital Currency/ Electronic Payment system (DCEP) might be the […] [Read More...]
Mind-Blowing Facts About Cryptocurrency Threats
Cryptocurrency assets are very appealing, mostly because of their decentralized nature. Cryptocurrency transactions are not controlled by any centralized authority, which means there’s no intermediary to control or manipulate transactions between two parties in case of Cryptocurrency threats such as hacks. Cryptocurrencies owe their success to the blockchain technology. Blockchain transactions are immutable and much […] [Read More...]
NSA crypto would be quantam resistant, reveals director
The National Security Agency (NSA) has been in charge of tracking Bitcoin activity, but in the latest, an NSA crypto is also on the way. Reports reveal that Anna Neuberger, director at the Cybersecurity Directorate, revealed that the NSA is currently developing “crypto” that would be quantum-resistant. Neuberger was speaking at the 10th Annual Billington […] [Read More...]
Crypto Adoption: Samsung Launches Another Blockchain Phone ‘KlaytnPhone’
South Korean giant Samsung is all set to launch another blockchain-based phone dubbed “KlaytnPhone,” as a Galaxy Note 10 variant. Samsung’s new smartphone will have a cryptocurrency wallet and blockchain apps pre-installed. The phone is expected to go on a sale starting today. It will be available in South Korea only. Per reports, the smartphone […] [Read More...]
Bitcoin payments to be accepted by PwC Luxembourg
One of the world’s largest audit and tax management advisory companies PwC Luxembourg has confirmed that it will start accepting Bitcoin payments from Oct 01. At a time when industry experts are engaged in heated debates over arguable Bitcoin adoption rate, several big corporations are taking the plunge and committing themselves to explore endless opportunities […] [Read More...]
Bitcoin [BTC] Mining Power Records New All-Time High, ‘Price Follows Hash’ Says Max Keizer
Bitcoin has been recording new All-Time Highs in its total hash rate almost every day. The beginning of September marks the 5th straight month of a surge in the total hash rate. The price of Bitcoin [BTC] has witnessed more than 250% rise since the beginning of the year. It reached a yearly high above […] [Read More...]
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