The Intercontinental Exchange (ICE)-backed Bitcoin futures trading platform Bakkt has found its new leaders inside the company. ICE announced today that it has appointed Mike Blandina as CEO of Bakkt, as well as Adam White as its President, starting December 20. This comes after founding CEO Kelly Loeffler departed the company as she has been…
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Chinese authorities have seized nearly 7,000 crypto mining machines consuming electric power illegally. Chinese authorities have seized nearly 7,000 crypto mining machines, illegally consuming electric power. The cryptocurrency mining confiscation came as part of an inspection of more than 70,000 households, 3,061 merchants, 1,470 communities, as well as factories, mines, courtyards and villages in the…
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Tron (TRX) launched a new game, Just.Game, a “speculative technological entertainment” with a self-decentralizing entity that wants to keep itself alive. Team Just, the team that created the blockchain gambling game Fomo3D, now has a new game up on the Tron network. Tron CEO Justin Sun tweeted today that the average virtual payroll has already…
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This week, bitcoin price started a solid upward move above the USD 7,350 resistance. BTC/USD gained bullish momentum and surged above the USD 7,550 resistance. The upward move faced sellers near USD 7,650 and the price is currently (09:00 UTC) correcting gains. Similarly, many major altcoins are started a slow and steady recovery, including ethereum,…
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Bitcoin price manages a strong weekly close as the price rallied from $7.1K to $7.6K, leading investors to wonder if a trend reversal is in the making. On Sunday Bitcoin (BTC) price revved up to rally from $7,115 to $7,642, providing a 7% gain and an unexpectedly strong weekly close, which now has some analysts…
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The future will see Bitcoin take ever more market share from altcoins, says the well-known trader, and even cause the “destruction” of competitors such as Ethereum. Bitcoin (BTC) will cement its dominance over the cryptocurrency market next year in a fresh blow to altcoins, a veteran trader has said. In the latest episode of his…
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Self-proclaimed Bitcoin creator Craig Wright, showed what he claims is a document that explains the origins of the Satoshi Nakamoto pseudonym. Self-proclaimed Bitcoin (BTC) creator Craig Wright, showed what he claims is a document that explains the origins of the Satoshi Nakamoto pseudonym. In an interview published by industry news outlet Modern Consensus on Dec.…
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Most of the top 20 cryptocurrencies are reporting moderate gains as Bitcoin approaches the $7,400 mark again. Sunday, Dec. 22 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as Bitcoin (BTC) is breached the $7,400 mark again. Tezos (XTZ) is the only cryptocurrency among the top-20…
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Bitcoin Cash-focused firm BitcoinBCH has potentially misled the public into believing that Bitcoin double-spends is easy to carry out. Bitcoin Cash (BCH) focused firm BitcoinBCH has potentially misled the public into believing that Bitcoin (BTC) double spends can be easily carried out. On Dec. 18, BitcoinBCH’s CEO Hayden Otto published a video on YouTube allegedly…
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It could be a good time to buy select cryptocurrencies as bulls have defended the critical support levels which shows demand at lower levels. Although sentiment drives prices in the short-term, fundamentals play a major role in determining long-term price action. However, many times, the price follows fundamentals higher with a lag. The crypto markets…
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