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Is Lightning Network Suitable For Bitcoin Deposits, Withdrawals?

A Twitter poll by bitcoin evangelist Pierre Rochard discussed whether the Lightning Network is a suitable tool for BTC transactions on crypto exchanges.  Poll Signals to Lightning Network Curiosity Should Bitcoin exchanges enable Lightning deposits and withdrawals? — Pierre Rochard (@pierre_rochard) October 14, 2019 Proponents of LN believe it would be a good fit for […]

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Nick Szabo: Ethereum (ETH) is Becoming a “Centralized Cult”

The Ethereum (ETH) leadership is showing signs of becoming a force to be reckoned with, commented bitcoin pioneer Nick Szabo. While Ethereum was inherently democratic, the need to perform a series of hard forks and upgrades has put the developer team in charge. Ethereum Developers Steer Transfer to ETH 2.0 Now, Ethereum has unrolled once […]

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CC Forum London: Bitcoin Basher Nouriel Roubini At Work Again

Bitcoin critic Nouriel Roubini, aka Dr. Doom, hasn’t changed his mind on the utility and intrinsic value of cryptocurrencies. Speaking today at the blockchain and AI-oriented CC Forum in London, he said that most of the cryptocurrencies are volatile and cannot store value. Roubini Vs. Roger Ver In a debate with Bitcoin Cash promoter Roger […]

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Coinbase Eyes EU Market With a New Irish E-Money License

Coinbase has added a new milestone to its strategy in Europe. On October 12, 2019, a statement from Zeeshan Feroz, the chief executive of the U.K. arm of Coinbase, announced that the platform had been able to acquire an e-money license in Ireland, making them “one of just a few companies” to achieve the feat.  […]

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Watching Network Activity Can Help Predict Bitcoin Price

Determining Bitcoin’s value and its trend is not an easy task. However, some experts and crypto traders believe that by analyzing BTC’s network activity, they can establish the cryptocurrency’s value. Travis Kling: “Network value should be a function of network activity.” Stock analyst and traders have at their disposal various indicators originated from financial statements, […]

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Bitcoin’s halving might trigger “super cycle” and boost user base to half a billion

On 31 October 2019, it will be 11 years since Satoshi Nakamoto introduced the world to Bitcoin. After years of being associated with the dark web, many nations today are looking at Bitcoin and cryptocurrencies as a solution to their economic crises, with Bitcoin was evolving to become a useful speculative store of value. Dan […]

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Bitcoin (BTC) Price Hesitates But Fresh Rebound Seems Likely

Bitcoin price is currently trading in a range below the $8,400 resistance area against the US Dollar. The price remains well supported on the downside near $8,200 and $8,150. There is a new breakout pattern forming with resistance near $8,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is […]

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Analyst Eyes 10% Bitcoin Price Expansion as Volatility Creeps Closer

If you’ve followed the price of Bitcoin (BTC) at all over the past few weeks, you know there is a large lack of volatility. In fact, for the past 20-odd days, the leading cryptocurrency has been stuck in an effectively 8% range — something that doesn’t happen all too often. Related Reading: Bitcoin Price Continues […]

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Bitcoin Price Increases by 838,000,000% in Ten Years

Coinspeaker Bitcoin Price Increases by 838,000,000% in Ten Years In the last ten years since its inception, the Bitcoin surge has shocked other traditional markets in an unprecedented move. Can we still expect a move like that over the next ten years? Bitcoin Price Increases by 838,000,000% in Ten Years Continue reading at Coinspeaker

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Cryptocurrency in China penetration 8% among college students

Per a recent survey, cryptocurrency in China has a good start since the penetration among college students stand at around eight percent (8%) mark. These Chinese college students have some of the cryptocurrency under their ownership, while over a quarter of them would prefer to be working in the blockchain industry after their graduation. Whilst […]

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CME Says Bitcoin Futures Gaining Interest From Big Investors

The CME touts the success of its bitcoin futures contract, as the battle for institutional investors heats up thanks to competition from Bakkt.

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Bitcoin (BTC) Whale Just Moved $900M in Single Transaction

The Bitcoin network once again carried a stunning amount of value in a single transaction. Recent tracking showed the movement of more than 107,848 BTC, worth nearly $900 million at the time of tracking. The Whale Turns Out to Be Bitstamp The transaction follows a previous unknown whale that moved more than $1 billion and […]

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Does Crypto Need a Bitcoin ETF? CNBC Analyst Says Maybe Not

If you have followed the Bitcoin industry’s news cycle over the past two years, you likely would have noticed an incessantly recurring trend: Bitcoin exchange-traded funds (ETFs). These financial vehicles, which have yet to appear in U.S. markets, are believed by some analysts to be the catalysts that could propel this nascent market to new […]

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Could Bitcoin Collapse By 25% to $6,000? GBTC Premium Implies So

As reported by NewsBTC yesterday, the Bitcoin (BTC) price has been relatively trendless as of late, falling under $8,300 after attempting to consolidate above $8,500. Some say that this non-volatility is an indicator that this market may soon break higher, looking to the fact that market trends, fundamentals, and the macro backdrop (semi-quantitative easing) have […]

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Zcash Will Get a Gateway Into Ethereum’s DeFi Ecosystem

The theme of Devcon 5 was clear: For smaller assets like zcash, all roads lead to ethereum.

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Bitcoin Fractals May Indicate Next Move as Consolation Continues

Another day has passed with very little activity on Bitcoin markets. The king of crypto continues to consolidate as its trading channel tightens up in anticipation of another big move. Technical indicators may give us a clue as to which direction BTC will take next. Another Week at Support For Bitcoin Weekends are usually pretty […]

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IRS Will Ask If You Own Cryptocurrency on its New Income Tax Form 1040

The US Internal Revenue Service (IRS), a bureau of the Department of Treasury, recently added a question regarding cryptocurrency ownership to its standard 1040 income tax form for the upcoming tax filing season. A draft of the “Additional Income and Adjustments to Income” section of the latest 1040 form was released. It included a change […]

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Sunday Digest: Bitcoin Price Consolidation, And The SEC Spoils The Party

Japan was hit by Typhoon Hagibis this weekend, causing devastation and affecting both the Japanese Grand Prix and Rugby World Cup. So what has been causing devastation and affecting bitcoin and cryptocurrency markets for the past week? Bitcoin Price: Consolidation Station So it seems we are back in a consolidation phase, albeit around the lower […]

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Fun Fact: Bitcoin Price is Up 838,000,000% in Ten Years’ Time

Since its birth in 2009, Bitcoin has been on a remarkable run. The cryptocurrency was at first a currency for the fringe — used by those that wanted to bypass the pitfalls of traditional payment solutions, wanted to make a bet on the future of fintech, or wanted to make a statement against the fiat […]

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Bitcoin (BTC) Price Weekly Forecast: $8,300 Holds Key For Fresh Increase

After a sharp increase, bitcoin price corrected lower sharply below $8,500 against the US Dollar. The price is currently consolidating above the key $8,300 support area. There was a break below a key bullish trend line with support near $8,420 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The price must […]

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Ethereum Price Weekly Forecast: ETH Holding Important Support

ETH price started a sharp downside correction after trading as high as $198 against the US Dollar. The price is currently holding an important support area near the $180 level. There was a break below a major bullish trend line with support near $188 on the 4-hours chart of ETH/USD (data feed via Kraken). The […]

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Bitcoin Poised For Another Breakout as It Clings to Support, Which Way Next?

Bitcoin has spent the past two weeks consolidating just below the 200 day moving average. So far it has managed to cling to support above $8,000 but a big move could be coming soon so which way will it go next? Bitcoin Trading Range Tightens Another day has seen Bitcoin bounce between $8,300 and $8,400 […]

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Bitcoin Millionaires, BTC Addresses Holding 1000+ Coins On The Rise

Despite a fall this year of around 40%, many Bitcoin price metrics are still overwhelmingly bullish. The number of addresses holding over 1000 coins, and the number of BTC millionaires have both increased this year alongside network health indicators such as hash rate. Bitcoin Whale Addresses Hits High The number of BTC addresses holding more […]

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