Peer-to-peer (P2P) crypto marketplace Paxful now offers gold buying and selling options on its platform, supporting trade between gold and bitcoin (BTC). Paxful said that there’s a customer demand which they decided to satisfy, as they claim to be the first bitcoin-backed P2P marketplace to introduce the option for users to buy and sell gold…
Read more
The previously expected even bigger relief for the Bitcoin (BTC) miners is not coming. Instead, starting tomorrow, Bitcoin mining difficulty, used as a measure for how hard it is to compete for mining rewards, is set to increase as more miners turned their machines on in the past two weeks. Following the second-largest drop in…
Read more
Once upon just recently, there was a software engineer with two decades of experience in cracking codes, who used a set of complicated steps to recover keys for a "Russian guy’s" bitcoin (BTC). Mike Stay is the CTO of Pyrofex, a startup that creates blockchain platforms and decentralized applications, and a software engineer who formerly…
Read more
In the past two sessions, there were positive moves in bitcoin price above the USD 6,850 resistance. More importantly, BTC/USD climbed above the key USD 7,000 resistance to move into a bullish zone. The current (08:30 UTC) price action is positive, suggesting more upsides above the USD 7,200 level. Similarly, almost all major altcoins are…
Read more
Senior trading executives believe that larger trading companies are about to take the crypto plunge, and could be set to provide the market with a timely boost, per a new study. Bitcoin/USD is the most preferred trading pair, it added. In a report named Institutional Adoption of Digital Asset Trading, compiled by the Acuiti management…
Read more
Chamath Palihapitiya. Source: a video screenshot, Youtube/Phocuswright Bitcoin (BTC) may have already created a new “quasi gold standard” for the world, and it is either going to the millions or zero, a prominent California-based venture capitalist believes. Speaking with Anthony Pompliano, Co-founder of digital asset management firm Morgan Creek Digital, on the Pomp Podcast this…
Read more
Chat app operator Line says that 62% of its Bitmax crypto trading platform users have no prior experience in cryptoasset trading. Bitmax is accessible from the Line chat app, which Line says has 83 million users in Japan. App users can access the exchange via a tab, and can also redeem points acquired through using…
Read more
USD 5.5bn fintech Revolut has decided to open crypto trading feature to their "standard" customers earlier than planned, thus helping crypto adoption and securing another revenue stream during the global financial and economic turmoil, triggered by the COVID-19 pandemic. The crypto trading feature is not new for Revolut, but it was previously available only for…
Read more
Yesterday, we saw a positive price action, resulting in more upsides in bitcoin price above the USD 6,850 and USD 7,020 resistance levels. BTC/USD even climbed towards USD 7,250 before correcting lower. The price is currently (08:30 UTC) rising and it seems like it could revisit the USD 7,250 level in the near term. Similarly,…
Read more
Bitcoin (BTC) prices have been correlated with American equities of late, but that situation is set to change, per a new report. This was the key takeaway from a study published by Binance Research, a unit the global crypto exchange, aimed at uncovering the full effect of the current coronavirus-led financial crisis on international markets.…
Read more
