Tag: Bitcoin News

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Bitcoin Price Flirts With USD 14,000 On 12th Whitepaper Anniversary

Bitcoin price has briefly broken USD 14,000 resistance and spiked up to USD 14,100 on some of the major exchanges, including Coinbase, Bitstamp, Binance, and Gemini on Saturday morning (UTC time) before correcting below USD 13,600. However, at pixel time (13:37 UTC), BTC trades at USD 13,821 and is up by almost 4% in a…
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Crypto Lending Boom, JustLink vs. Chainlink, USD 1m DeFi Bounty + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Crypto adoption news Full-service crypto prime broker Genesis said that its lending business added over USD 5.2bn in new originations in Q3, "marking its largest quarter ever by a landslide." Cumulative  Read more…
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Venezuela Expands Scope of its Remittance Platform With Bitcoin & Litecoin

The Venezuelan government is set to overhaul its crypto-compatible remittances platform Patria – allowing full operability with bitcoin (BTC) and litecoin (LTC) wallets. The platform allows individuals based overseas to send remittances to family and friends based in Venezuela – and also enables domestic remittances to be made in crypto. Its operators claim Patria has…
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Russian Government Indirectly Gets Into Bitcoin Trading And Custody

Source: Adobe/Игорь Головнёв While Russian lawmakers are considering restrictive crypto regulations, a Switzerland-registered subsidiary of Rusian state-owned Gazprombank starts offering crypto trading and custody services. Gazprombank (Switzerland) Ltd said it has received authorization from the Swiss Financial Market Supervisory Authority (FINMA) to provide cryptocurrency bank  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Bitcoin Holds Ground Above USD 13,000, Altcoins Still Struggle

After a major downside correction, bitcoin price formed a support base above the USD 13,000 support. BTC started a fresh increase and climbed back sharply above USD 13,500. The price is currently (05:00 UTC) trading above USD 13,350 and it might continue higher above USD 13,500 and USD 13,600. Conversely, most major altcoins remained in…
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Bitcoin Fees Skyrocket, Some Transactions Taking Days, Relief Possible Next Week

Source: Adobe/Rico Löb Bitcoin (BTC) has been experiencing quite a set of interconnected issues, as the hashrate has dropped, the fees on the congested network have been rising, and the users claim to be waiting for days for their transactions to be confirmed – some of which might be dropped by the miners. However, some…
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Bitcoin Stays Above USD 13,000, Altcoins Take Hit

After trading towards the USD 13,850 level, bitcoin price struggled to continue higher. BTC started a corrective decrease and traded below the key USD 13,500 support. The price declined 5%, but it is currently (05:00 UTC) trading well above the USD 13,000 support. Conversely, there was a strong decline in most major altcoins, including ethereum,…
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Bitwise Hits USD 100m, SBI to Launch XRP, Bitcoin, and Ether Fund + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Crypto adoption news Bitwise Asset Management, a provider of cryptoasset index funds to professional investors, said that it recently surpassed USD 100m in assets under management. The majority of demand has been for…
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3 Hints Why Bitcoin Might Be ‘Poised for Biggest Breakout Yet’

Bitcoin (BTC) has hit new 2020 highs, nearing the price of USD 14,000, and it’s "poised for takeoff," according to crypto analytics firm Coin Metrics that gave three reasons why that might be the case. In the past 24 hours, BTC had surpassed USD 13,800, or the level last seen in January 2018, before falling…
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Cryptoverse Doubts Coinbase’s Upgrades After Another Incident

The Cryptoverse is not happy after the major crypto company Coinbase was forced to disable trading yet again, this time on Coinbase Pro, while bitcoin (BTC) made a big step upwards – as the exchange’s previous fixes apparently didn’t do the job. At around 23:00 UTC Tuesday night, Coinbase announced that they are investigating "an…
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