News (Page 1697)

Bitcoin and Ethereum See Fresh Wave of Buying

Bitcoin price formed support near USD 6,300 and corrected sharply higher. Ethereum price spiked above USD 200 and it is currently consolidating. ZEN and LINK gained more than 15% today.After struggling for a couple of sessions, bitcoin price formed support above the USD 6,300 level. BTC/USD...

, by Aayush Jindal

3 Out of 4 Bitcoins Didn’t Move in Past 6 Months

Although we all know that long-term “hodling” and cold storage devices that are locked down for years at a time, has always been a part of the bitcoin community, new data compiled by the US-based cryptoasset analytics firm Coin Metrics for Bloomberg reveals more about the true extent of...

, by Fredrik Vold

Goldman Sachs Reportedly Launches Bitcoin Derivatives

Veteran Wall Street investment bank Goldman Sachs is launching a type of derivatives contracts of bitcoin for selected clients, according to a unsourced report by The Block. Derivatives are tradeable instruments that gives a trader exposure to the price movement of an asset – in this case...

, by Fredrik Vold

Ripple’s New Ad Is Brutally Honest

After a successful advertising campaign of eToro, a multi-asset platform which offers both investing in stocks and cryptocurrencies, Ripple, a California-based crypto start-up focusing on the banking sector, is trying to get their minute of fame. The startup has just published a new ad, and...

, by Sead Fadilpašić

Bitcoin and Ethereum Remain Sell on Rallies

Bitcoin price is currently trading in a bearish zone below USD 6,380 and USD 6,400. Ethereum price seems to be preparing for the next leg lower. Major altcoins like dash, bitcoin cash and litecoin are currently trading near 2018 lows.Yesterday, bitcoin price moved into a bearish zone below the...

, by Aayush Jindal

UK: Revised Crypto Tax Guidance Coming in 2019

The beginning of 2019 might bring tax-related news to the UK’s crypto market. Her Majesty's (HM) Treasury is working closely with HM Revenue and Customs (HMRC) to consider the tax issues raised by cryptoassets and the revised guidance is estimated to be released by early 2019, according to a...

, by Fredrik Vold

Anonymous ICO Founder Reportedly Stole Funds & Disappeared

Have you invested in a crypto project that has an anonymous founder? What could possibly go wrong?The founder and chief architect of the Oyster Protocol has breached the project’s smart contract in order to create 3 million PRL tokens, which he immediately sold on cryptocurrency exchange...

, by Sead Fadilpašić

Bitcoin and Ethereum Downside Break Could Gain Pace

Bitcoin price declined below the key supports at USD 6,450 and USD 6,400. Ethereum price broke to the downside and settled below the USD 200 support. STRAT, WAX, POLY and KMD declined roughly 8% recently.Bitcoin price failed to gain bullish momentum above the USD 6,500 resistance on many...

, by Aayush Jindal

Hot or Not: Scientists Clash Over Mining Impact on Global Warming

If we are to believe recent headlines, bitcoin may single handedly be responsible for pushing global warming beyond 2 degrees Celsius and ruin the environment for future generations. “Bitcoin may cause catastrophic climate change by 2033,” The Telegraph warned in an article on Monday....

, by Fredrik Vold

Banks Spark Crypto Crackdown Fear in Panama

Banks in Panama, which is one of the Top 20 countries by crypto ATMs per capita, appear to be refusing cryptocurrency transactions, per media reports, sparking fears that a crackdown has begun.Per newspaper La Estrella de Panama, “a handful of users” have claimed that their bank...

, by Tim Alper

The Oldest Bitcoin Exchange Bitstamp Sold

The world’s oldest surviving Bitcoin exchange, Bitstamp, has been bought by NXMH, a Belgium-based investment company. This represents yet another example of traditional investors moving into the cryptocurrency industry - a recent trend that has been on the uprise throughout 2018.Bitstamp CEO,...

, by Sead Fadilpašić

OKEx Delists 58 Trading Pairs – Does Anyone Care?

The third-largest cryptocurrency exchange in the world by 24-hour trading volume, OKEx, has announced that they’re delisting a total of 58 trading pairs from their platform. The biggest five of the affected tokens are reacting in different ways. The tokens themselves are not being delisted -...

, by Sead Fadilpašić

Bitcoin and Ethereum Stuck in a Tiny Range

Bitcoin price remained confined in a tight range above the USD 6,400 support. Ethereum is stuck in a small range between USD 200 and USD 210. NXT, POLY and MGO are up between 8%-15% today.During the past few days, bitcoin traded in a tight range above the USD 6,400 support. BTC/USD climbed above...

, by Aayush Jindal

Canadian Exchange Claims It Lost Funds, Customers Suspect Exit Scam

In what appears to be one of the worst handlings of a crypto exchange crisis we have seen to date, MapleChange, a relatively small crypto exchange based in Edmonton, Canada, on Sunday announced that “someone have managed to withdraw all funds from our exchange,” adding that “until...

, by Fredrik Vold

12 Days of…Nothing – What’s Happening to the Market?

Last week, we reported that bitcoin prices are now nearly as stable as Apple stocks, however, it appears that we were just scratching the surface for how stable these prices can really become. It may be a sign that bitcoin is nearing a bottom, according to experts. However, no one knows when the...

, by Fredrik Vold

“Central Coins” May Not Need Blockchain – Report

In a new joint report from IBM Blockchain and the Official Monetary and Financial Institutions Forum (OMFIF), an independent think tank for central banking and economic policy, 21 central banks from around the world were surveyed on their sentiment towards distributed ledger technologies, central...

, by Fredrik Vold

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