#Bitcoin

Former Trump Cabinet Member Joins Crypto Firm

January 28, 2019 by Tokoni Uti at Altcoins, Bitcoin, Business, News

Ryan Zinke, the former Secretary of the Interior Department will be joining 'Artillery One', a Cryptocurrency Investment firm, as Managing Director following his earlier resignation from the department, this according to a report from VICE News, January 25, 2019. Bullish Behavior Ryan Zinke is known for being the former Secretary for...

Mining Bitcoin no Longer Profitable, JPMorgan Says

January 26, 2019 by Priyeshu Garg at Bitcoin, Commentary, Finance, Mining, News

The drop in the price of Bitcoin has rendered a large percentage of mining operations unprofitable, with only low-cost mines in China operating without losses, Bloomberg reported on January 25, 2019. Diminishing Returns The plummeting price of almost all cryptocurrencies has affected every sphere of the crypto industry, with everyone...

Bitcoin and Ether Market Update: January 9, 2020

Bitcoin and Ether Market Update: January 25, 2019

January 25, 2019 by Georgi Hristov at Altcoins, Bitcoin, Cryptocurrency Market Outlook, Ethereum, News, Price Analysis

There was little change in global market cap value since Wednesday, January 23 as bitcoin, ether, and XRP are all trading sideways. BTC/USD Bitcoin lost $40 of its value to $3,600 on the CBOE ETF withdrawal news on January 23. It quickly recovered and stabilized around 3,620 by the end...

Unphased By the Bear Market, Bitcoin Use Soars On the Darknet

January 25, 2019 by Tokoni Uti at Adoption, Bitcoin, Blockchain, Crime, Exchange, News, Platform

A January 18, 2019, report from Chainalysis has revealed that the amount of bitcoin spent daily on the darknet doubled in 2018 despite the crash in crypto markets. The Crypto Dealings of the Darknet Many internet users are familiar with or have at least heard of the darknet. The darknet...

Bitcoin Exclamation Warning Signs Singapore Skyline

Singapore Doubles Down, Insists that Crypto Isn’t Legal Tender

January 24, 2019 by Tokoni Uti at Altcoins, Bitcoin, Business, Finance, News, Regulation

The Singaporean government has declared that cryptocurrencies aren’t legal tender and has cautioned business owners against accepting it, just as JK Jewellery has announced that crypto would be accepted in their stores. The Debate Surrounding Legal Tender The legality of cryptocurrency varies from place to place. While countries like Venezuela...

Bitcoin, Ether, and XRP Weekly Market Update: January 24, 2019

January 24, 2019 by Georgi Hristov at Altcoins, Bitcoin, Cryptocurrency Market Outlook, Ethereum, News, Price Analysis

The global market cap is down $2 billion since January 17, 2019, and now stands at $119 billion. Bitcoin lost 1.7 percent for the seven-day period while ether and XRP declined 5.7 percent and 4.2 percent respectively. BTC/USD Bitcoin closed its second day of gains on January 17 and moved...

Coinbase Flag in a Globe Asian Countires

Coinbase Unveils Services for High-Volume Crypto Investors in Asia and Europe

January 24, 2019 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, Exchange, Finance, News, Regulation

On January 22, 2018, Coinbase, the American cryptocurrency exchange, announced the launch of new trading and custody services for Coinbase Prime and Coinbase Pro which will allow high-volume investors in Asia and Europe to trade virtual currencies, make cross-border payments, and store digital assets in its cold storage. Coinbase Leading...

Graph Bitcoin Chart Finger Screen Orange

New Indicators Show Bitcoin Gearing up for Short-Term Rally

January 23, 2019 by Priyeshu Garg at Bitcoin, Finance, News

The GTI Global Strength Technical Indicator for Bitcoin is suggesting that Bitcoin's price could be stabilizing and could even be heading towards a short-term rally, Bloomberg reported on January 22, 2019. Bitcoin's Price Approaches Oversold Despite the overwhelmingly negative predictions made about the cryptocurrency market, it seems that the new...

Coinbase still Long on Bitcoin as CEO Investigates Details for Creating Value

January 23, 2019 by Neil at Adoption, Altcoins, Bitcoin, Business, Commentary, Development, Exchange, News

There are many cryptocurrency traders, investors, and enthusiasts that might have grown tired of Bitcoin price predictions, given the fact that the markets are so volatile. For example, Tom Lee of Fundstrat Advisors, who has frequently appeared on popular media platforms such as Bloomberg and CNBC, gave various incorrect predictions...

B2C2 Now Offering Clients Point-and-Click OTC Bitcoin, Ether, Litecoin, and Bitcoin Cash Trading Execution

January 23, 2019 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, Ethereum, Exchange, Finance, News, Platform

B2C2, a leading cryptocurrency over-the-counter (OTC) liquidity provider for digital assets exchanges and financial institutions, has announced its streaming pricing feature aimed at enabling OTC traders to carry out “point-and-click” trading execution, according to a Business Wire press release on January 21, 2019. OTC Traders’ Orders Executed in Real...

New EOSIO Protocol a Favorite among Developers and Enterprises

January 23, 2019 by Priyeshu Garg at Adoption, Altcoins, Bitcoin, Blockchain, Development, Ethereum, News

Despite being less than seven months old, Block.one's EOSIO blockchain protocol is already a favorite among enterprises and developers as there are currently more than 250 projects being built on the network, the company announced in a blog post on January 21, 2019. Developers Flock to EOS Following Latest Update...

Crypto Exchange Huobi still Profitable Despite Layoffs, Reports CEO

January 23, 2019 by Tokoni Uti at Altcoins, Bitcoin, Business, Commentary, Exchange, News, News Digest

On January 22, 2019, Livio Weng Xiaoqi, the chief executive of Huobi Global, insisted that the company is still profitable despite the bear run and event layoffs, as new projects are launched. Beating the Bear Run Within the last year, there have been significant changes in the global cryptocurrency market...

Bitcoin Airdrop Hand CoinZest Blue Parachute

CoinZest Airdrop Event Goes Wrong, Customers Receive $5.3 Million Worth of Crypto

January 23, 2019 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Exchange, News

CoinZest, a South Korean cryptocurrency exchange has been left with no choice but to roll back all transactions on its servers after it mistakenly airdropped bitcoin and altcoins amounting to $5.3 million to its clients, instead of the intended We Game tokens (WGT), according to local news source, CoindeskKorea on...

Mining Crypto Bitcoin Pickaxe Mountain Rocks Blue Brown

Bitcoin Should Look Away From PoW says BIS Report

January 23, 2019 by Tokoni Uti at Bitcoin, Blockchain, News, Tech

The Bank for International Settlements has suggested that the Bitcoin Network discontinue using Proof-of-Work (PoW) because it is expensive and once block rewards from mining bitcoin decrease, the network will slow down, this according to a BIS report published January 21, 2019. There has always been speculation about the future...

Bitcoin and Ether Market Update: January 23, 2019

January 23, 2019 by Georgi Hristov at Bitcoin, Cryptocurrency Market Outlook, Ethereum, Finance, News, Price Analysis

The total market cap is flat since January 21, 2019, and stands at $120 billion at time of press. There were no significant price changes for bitcoin and ether within the same time period. BTC/USD Bitcoin closed the January 16 trading session at $3,675 with a little more than a...

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