Peter Schiff claims he has lost access to his crypto wallet, claims having BTC “was a bad idea.” On Jan. 19, famous crypto skeptic and gold bug Peter Schiff claimed on Twitter that he has lost access to his Bitcoin wallet and that his password is no longer valid. Schiff added that his BTC is […]
WisdomTree developing a stablecoin may signal a nascent competition among leading U.S. asset managers for dominance in the crypto sector. The news that WisdomTree, a major asset manager with $63.8 billion in assets under its belt, plans to launch a regulated stablecoin — pending approval from the United States Securities and Exchange Commission — could […]
There is now enough data to link Bitcoin and crypto price movements to easily quantifiable network parameters. Bitcoin’s Transactions Show Highest Correlation to Prices Transaction counts, active addresses, and price action show a connection for some coins, which explains heightened activity during rallies. A recent report by Longhash suggests some coins may reveal the intentions […]
Decentralized Finance (DeFi) products soared to All-Time Highs (ATH), surpassing the $800 million mark in total value locked (TVL) in USD. While the price of Ethereum (ETH), the platform hosting these DeFi apps, has performed rather poorly over the past two years, the growth in DeFi products has grown to obscure heights. Can ETH be […]
Bitcoin and crypto are often considered to be tools used by criminals for illegal activities; however, is that really true? Bitcoin and crypto encourage illegal activities, a fact? Bitcoin and other digital assets are often stated to be linked with illegal activities due to the censorship-free environment they provide. Coupled with the high privacy these […]
Bitcoin and crypto assets are making a remarkable recovery today and markets are up almost $14 billion in under 24 hours. Bitcoin Leading Crypto Markets A few hours ago BTC started to move again, lifting off from its intraday low at support around $7,700. The move culminated in a top out at $8,250 according to […]
Another week, another round of Crypto Tidbits. The second week for the year 2020 was a lot more exciting for Bitcoin and the broader cryptocurrency space than the first. Per data from Coin360, the leading digital asset, BTC, gained 10% on the week, hitting $8,160 as of the time of writing this. Altcoins across the board […]
As Bitcoin (BTC) enters another bull-and-bear fight, ranging between $7,800 and $8,000, crypto Twitter traders are warming up to a bullish attitude. Leading Twitter Accounts See Potential for Bitcoin Earnings on Bullish Moves Leading social media names have returned with a bullish attitude to bitcoin price moves, as the coin is now battling out new […]
In the past 48 hours, the bitcoin price increased by around nine percent from $7,740 to $8,462. In the same period, XRP, Ethereum, and other top crypto assets stagnated, either flatlining against the U.S. dollar or falling. Factor #1: Crypto traders are not so confident in the move The upsurge of bitcoin in the past […]
Coinspeaker Japanese SBI and GMO to Mine Bitcoin at Texas Crypto Mining Farm The initial capacity of SBI and GMO’s mining center will be 300 megawatts and it is expected to expand to 1 gigawatt by the end of 2020. Japanese SBI and GMO to Mine Bitcoin at Texas Crypto Mining Farm Continue reading at […]
South Korean cryptocurrency exchange Bithumb establishes its own research and development center. South Korean cryptocurrency exchange Bithumb has established its own research and development (R&D) center. According to an announcement on Jan. 6, the initiative makes Bithumb the first company with a blockchain and cryptocurrency research center in South Korea. Bithumb expressed high hopes for […]
The number of daily transactions occurring on the Dash network has been rising slowly but steadily over the last year. In fact, there are now more transactions being performed using the crypto asset than there are on the Litecoin network. Despite the network’s growing usage, the total Dash market capitalisation still lags a long way […]
Another week, another round of Crypto Tidbits. The first week of January was a quiet one for the Bitcoin and broader digital asset market, with BTC gaining a mere 0.7% over the past seven days, according to Coin360.com. Altcoins have posted similar slight gains, though assets like Bitcoin Cash, EOS, Litecoin, and VeChain have managed to […]
Bitcoin arose as a pretty high-minded idea, engendered in specialized cryptography forums. In its early days, its merits have been discussed by communities like the LessWrong forums. Bitcoin Gained a Bad Reputation in its Early Days Crypto assets and Bitcoin, in particular, gained a public image of being a simple-minded Internet coin, used by gamers […]
While most crypto assets suffered throughout 2019, Bitcoin, and a handful of other altcoins – almost entirely comprised of exchange-related tokens – offered crypto investors the best ROI in 2019. Binance Coin, Huobi Token, and OKB Top Crypto’s Best Return in 2019 The crypto industry is a fast-moving, ever-changing industry that is driven by wild […]
The total crypto market cap is declining and it is below the $185.0B support. Bitcoin price is struggling to climb above $7,300 and it might decline below $7,000. BCH price is testing the $200 support and it could continue to slide. EOS price failed to stay above $2.600 and it is likely moving towards $2.500. […]
If you were trading Bitcoin or other crypto assets in late-2018, you likely remember the word “capitulation” mentioned time and time again. Why? well, after trading at $6,000 for months on end, BTC traders finally capitulated in November, resulting in the price of the leading cryptocurrency collapsing from $6,000 to $3,150 in four weeks’ time. […]
The total crypto market cap is holding an important support area near the $185.0B level. Bitcoin price is struggling to continue higher and trading close to the $7,200 support. EOS price is down 2% and it is now trading near the $2.600 support area. Binance Coin (BNB) is down 3% and it failed to stay […]
The total crypto market cap is slowly rising and it is now above the $185.0B support. Bitcoin price rallied recently, but it failed to climb above the $7,500 resistance. Binance coin (BNB) price is up more than 5% and it broke the $14.20 resistance area. Litecoin (LTC) price is slowly recovering and it is now […]
Coinspeaker Bithumb Exchange Will Pay $67 Million in Additional Crypto Taxes Earlier South Korean crypto exchange Bithumb had reported about a bad financial year, but now it has been revealed that the taxes are getting even harder. Bithumb Exchange Will Pay $67 Million in Additional Crypto Taxes Continue reading at Coinspeaker
Major South Korean crypto exchange BitHumb considers administrative litigation over $68.9 million tax bill. Major South Korean cryptocurrency exchange Bithumb is reportedly looking to undertake administrative litigation over an $68.9 million (80 billion won) tax bill. English-language local news outlet KoreaHerald reported on Dec. 29 that the local tax agency has handed down over 80 […]
2019 saw a number of large crypto exchange hacks, resulting in millions of dollars stolen per attack. Here are 5 of the biggest breaches in the last 12 months. While cryptocurrencies are well-known for increased security — mostly thanks to the decentralized nature of their underlying technology — the same cannot be said for crypto […]
Financial services firm Tokai Tokyo Financial Holdings will invest about 500 million Japanese yen (nearly $4.6 million) in crypto exchange Huobi Japan. Japanese financial services firm Tokai Tokyo Financial Holdings will invest about 500 million yen (nearly $4.6 million) in the Japanese branch of cryptocurrency exchange Huobi. According to a press release on Dec. 26, […]