Tag: bitcoin trader

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Price Analysis Jan 24: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XLM, ADA

The bulls have held the immediate support level on most major cryptocurrencies, which is a positive sign. This suggests that the sentiment is to buy the dips. The International Monetary Fund chief economist Gita Gopinath said in a panel discussion at the annual World Economic Forum (WEF) in Davos that Facebook’s Libra was a major…
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Major Bitcoin Cash Pools Force 12.5% Mining Tax on Community

Leading Bitcoin Cash personalities and companies are forcing the community to introduce a tax on block rewards to fund development, amid strong criticism. Leading Bitcoin Cash (BCH) personalities, including Bitmain CEO Jihan Wu and Bitcoin.com CEO Roger Ver, proposed on Jan. 22 an “infrastructure funding plan” that would see miners donate 12.5 percent of all…
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Germany Increases Costs For Some Crypto Firms by USD 250,000

Germany’s newly installed cryptocurrency laws have made it illegal for new firms to launch crypto trading, custody services and issue tokens, according to experts. Since January 1, the German Banking Act has stated that crypto assets now qualify as financial instruments and that crypto-exchanges and custodians now require a license from the German Federal Financial…
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Watch Thieves Wrench Open a Bitcoin ATM – Leaving a Regular ATM Intact

Source: a video screenshot, Youtube, PhiladelphiaPolice An American store manager was left baffled after thieves executed a sophisticated plan to steal a Bitcoin ATM that “wasn’t doing well” – leaving a cash-filled conventional ATM behind. Police in Philidelphia said two men used crowbars to break open a “Bitcoin machine” in the early hours of January…
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Another Competitor To Libra Might Come From Japan + More News

Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Digital fiat news A group of about 70 Liberal Democratic Party lawmakers in Japan are working on a proposal for the county to issue its own digital currency – digital yen.…
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Ripple Slashes XRP Selling Even More After Raising USD 200 Million

Ripple, an American blockchain company focusing on payments technologies, reduced sales of XRP from its escrow fund last quarter when it secured USD 200 million in funding. According to their report, the reductions in Q4 follows that sharp reduction that was recorded in Q3, with the main difference this time being that exchange sales of…
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Bitcoin a Step Closer to Taproot, the Biggest Upgrade Since SegWit

Source: iStock/da-kuk World’s most popular cryptocurrency, Bitcoin (BTC), is one step closer to seeing it’s largest change since 2017. Developer and Bitcoin Core contributor Pieter Wuille, has submitted a “pull request,” which lets others know that a code change is ready for reviews, discussions, suggestions, etc. by the community, in order to add more commits…
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Exchanges Hold More Bitcoin Than Ever as Coinbase Wallet Nears 1M BTC

Coinbase is by far the biggest exchange hoarder of Bitcoin, with second place Binance having holdings totaling only around 250,000 coins. United States cryptocurrency exchange Coinbase will soon hold a million Bitcoins (BTC) in its cold wallets in a controversial first for the industry. According to data from news and information resource Longhash released on…
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Tether Launches Gold-Backed Stablecoin and Begins Trading on Bitfinex

Tether is now offering a gold-backed stablecoin, XAUT, which represents ownership of one troy ounce of gold held in a Swiss vault controlled by the company. Tether is now supporting a gold-backed stablecoin, Tether Gold (XAU₮), according to a Jan. 23 press release. One token represents ownership of one troy fine ounce of physical gold,…
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WEF Unveils Global Governance Consortium for Digital Currencies

The World Economic Forum has created what it claims is the first ever global consortium dedicated to designing a framework for the global governance of digital currencies. The World Economic Forum (WEF) has created what it claims is the first ever global consortium dedicated to designing a framework for the transnational governance of digital currencies,…
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