Tag: bitcoin trader

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Venezuelans Flock to Stores in their Droves to Spend Petro Payouts

An associative picture. Opinion in Venezuela is divided on the subject of the country’s state-run cryptocurrency, the Petro, as citizens continue to queue around the block for “up to seven hours” at crypto-friendly stores. Per a report from AFP, via El Dia, some citizens have expressed their frustration with Caracas on the matter after “hundreds…
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Did 2019 Deliver on All That Was Promised for the Crypto Industry?

Has 2019 lived up to the expectations of the crypto community and those working in the industry, and what are the biggest disappointments? Disappointment isn’t always a bad thing. It can be a spur, motivating one to work harder to meet expectations and goals. It is in this spirit that Cointelegraph informally surveyed members of…
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Bitcoin Price Could Rally to $9K Before a Massive Collapse, Here’s Why

Bitcoin price could experience a relief rally as high as $9K before a bear trend resumes with the beginning of the new year. Bitcoin price (BTC) has been in a sidewards range for several weeks now, with some people on team bear calling for fresh lows in the region of $3,000 while the bulls have…
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Apple May Remove Coinbase’s Mobile DApp Browser from App Store

Coinbase noted that it might be forced to drop DApp browsing functionality from its mobile wallet to abide by Apple’s guidelines. After Google removed Ethereum-based decentralized application (DApp) browser MetaMask from its Android application store, Apple may now force Coinbase to remove the DApp browser feature from its crypto wallet application. According to a Reddit…
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SEC’s Cryptomom Talks New Rule Changes and Meaning for Crypto With Cointelegraph

U.S. SEC Commissioner and ‘Cryptomom’ Hester Peirce talks crypto, securities exemptions and ICOs with Cointelegraph. As one of five commissioners of the United States Securities Exchange Commission, Hester Peirce is at the forefront of securities regulation in the country today. Of interest to Cointelegraph’s readers, her positivity toward the future of cryptocurrencies has earned her…
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Top-5 Cryptos This Week: BCH, BSV, ETC, EOS, ATOM

The top five performers of the past seven days are bouncing off their support levels, which indicates a pick up in demand. Swiss finance minister and outgoing president Ueli Maurer believes that one of the most ambitious crypto projects of 2019, Facebook’s Libra stablecoin, will not be accepted by regulators in its current form. Though…
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Ripple’s XRP Sell-Offs ‘Negligible’ Says CTO as Crypto Stays 95% Down

A week after Ripple claimed 2019 was its “strongest year,” its relationship to the badly underperforming XRP is back in the spotlight. A senior executive at blockchain payment network Ripple has publicly defended the company against fresh criticism of its associated cryptocurrency, XRP. In an ongoing Twitter debate, David Schwartz, Ripple’s chief technology officer, rebuffed…
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Mike Novogratz Says Bitcoin Will Hit $12K in 2020, Bets 1 ETH on Trump

The Galaxy Digital co-founder says the coming twelve months will prove bullish for Bitcoin, which has room to almost double its current levels. Bitcoin (BTC) will hit $12,000 in 2020 as markets recover from fresh suppression, one of its most outspoken investors has said. Mike Novogratz, co-founder of cryptocurrency merchant bank Galaxy Digital, made the…
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Bitcoin Users Stock Up as Data Shows Average Price Never Went Bearish

Analysis of on-chain activity shows a “bullish reaccumulation,” says Willy Woo, as Bitcoin’s 200 week moving average stays positive. Bitcoin (BTC) never saw a bear market in 2019 — and the evidence is easy to find on the blockchain, according to some prominent figures. Data covering various metrics shows that despite recent price volatility, Bitcoin…
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Bithumb Crypto Exchange Reportedly Considers Litigating $68.9M Tax Bill

Major South Korean crypto exchange BitHumb considers administrative litigation over $68.9 million tax bill. Major South Korean cryptocurrency exchange Bithumb is reportedly looking to undertake administrative litigation over an $68.9 million (80 billion won) tax bill. English-language local news outlet KoreaHerald reported on Dec. 29 that the local tax agency has handed down over 80…
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