Tag: bitcoin trader

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South Korean Presidential Committee Recommends Allowing Bitcoin Derivatives

A South Korean presidential committee has reportedly recommended that the government allow the development of cryptocurrency derivatives in the country. The South Korean Presidential Committee on the Fourth Industrial Revolution (PCFIR) has recommended the government to allow financial institutions to launch cryptocurrency-based financial products. Local English-language news outlet BusinessKorea reported on Jan. 6 that the…
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Bitcoin Price: First 4-Day Win Streak Since July Flips Charts Bullish

Bitcoin bulls are pushing hard at $7,600 resistance as the market waits for the U.S. to open and determine what direction BTC price will likely go this week. Bitcoin (BTC) closed the week down 0.39% at $7,356 having recovered very quickly from a daily close, which saw BTC trading down at $6,850 for a short…
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McAfee Breaks Up With Bitcoin; Calls His USD 1M per BTC Bet a ‘Ruse’

John McAfee. Source: Twitter/@officialmcafee One of the Crypto Twitter’s most “relevant” discussions is currently ongoing – whether or not John McAfee should indeed eat his penis in twelve months if he loses his famous bet as promised. The controversial entrepreneur and former Bitcoin (BTC) bull, however, is walking back on that promise. The Cryptoverse has…
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Ousted Co-Founder of Crypto Mining Firm Bitmain Opposes Layoffs

The ousted co-founder of Bitcoin mining giant Bitmain — Micree Zhan — has issued a statement opposing purported labor cuts at the firm. Micree Ketuan Zhan, the co-founder of Bitmain who was recently dismissed by Bitmain’s current CEO Jihan Wu, has publicly opposed layoffs at the firm. As Bitmain — the world’s largest cryptocurrency mining…
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G7 Member Issues Warning of Digital Yuan ‘Dangers’

Taro Aso. Source: a video screenshot, Youtube, Milken Institute Japan’s Finance Minister Taro Aso has warned bankers in the country of potential problems caused by China’s forthcoming digital yuan launch – hinting that a Beijing-issued digital fiat could cause a rift between Tokyo and Washington. Per Reuters, Aso told a summit of Japanese bankers that…
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Telegram Attacks SEC, Bitmain Chaos, BTC ‘Easily’ $50K: Hodler’s Digest, Dec. 30–Jan. 5

Telegram says the SEC is on an “unfounded fishing expedition,” and Google Play lifts MetaMask ban. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in…
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Ethereum Block Time Reduced by 25% After Muir Glacier Hard Fork

The average block time on the Ethereum blockchain decreased by nearly 25% after mining difficulty was lowered. The average block time on the Ethereum blockchain decreased by almost a quarter after the mining difficulty was decreased. Data reported on Ethereum block explorer Etherscan shows that from Jan. 1 to Jan. 4, the daily average block…
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Bitcoin Nears $7.5K: Why a Bull Market Is Closer Than You May Think

Bitcoin price pumped 7% on Jan. 3 as exchanges may have tried to offset the impact of “proof of keys” and lure in new cryptocurrency traders. Bitcoin price (BTC) is currently resting just shy of $7,500 after an impressive rally from around $6,850 on Friday, Jan. 3. Does this mean the bulls have taken control?…
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Top-5 Cryptos This Week (Jan 5): BSV, XMR, ETC, BCH, LEO

Few of the top five cryptocurrency performers of the past seven days are showing signs of bottoming out. Can they start a new uptrend? Coinbase CEO Brian Armstrong believes that rising cryptocurrency prices will generate massive wealth for the crypto investors in the 20s. His friends, Olaf Carlson-Wee and Balaji Srinivasan expect Bitcoin’s price to…
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Ronnie Moas and Vinny Lingham Come to Blows Over $20K Bitcoin Bet

Two Bitcoin community heavyweights engage in a Twitter battle after a Bitcoin price wager from 2018 appeared to go unhonored. Two well-known Bitcoin (BTC) figures have resorted to a painfully public Twitter exchange to settle an argument over a $20,000 unpaid bet. The heated debate, which is ongoing, revolves around a pledge which investor Ronnie…
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