Recently, bitcoin price retested the key USD 6,550 resistance area. BTC/USD failed to settle above USD 6,550 and started a downside correction. The price is now (08:30 UTC) trading below the USD 6,400 level and it could correct further towards the USD 6,200 support area. Similarly, many major altcoins are currently correcting gains, including ethereum,…
Read more
A press conference reveals Trump keenly anticipating an oil price from the 1950s as fiat currencies dependent on the market look set to suffer. After inadvertently advertising Bitcoin (BTC) last week, United States President Donald Trump has now hinted that he expects oil to crash to just $9. In a press conference on March 31,…
Read more
Though the month of March, the last of the year’s first quarter, started promising, it witnessed a major plunge of the market. The number one coin by market capitalization, bitcoin (BTC), took a swift dive to the USD 4,000 level and despite it recovered around 50% of its losses it dropped for the third quarter…
Read more
Source: iStock/Albert_Karimov Litecoin (LTC) is again facing pressure from traders who wonder if the price will be able to pick up the momentum necessary to recover the losses from the major market crash on March 12. As of press time on Wednesday (10:22 UTC), litecoin was down almost 1% over the past 24 hours, trading…
Read more
Indian crypto exchange BuyUCoin has sealed regulatory approval from Estonia’s financial watchdog to expand its services abroad. Indian crypto exchange BuyUCoin has sealed regulatory approval from Estonia’s financial watchdog to expand its services abroad. Speaking to Cointelegraph, the exchange’s CEO Shivam Thakral revealed that the platform had received its crypto-fiat license in late 2019, followed…
Read more
The Bitcoin codebase is to be preserved under the Arctic ice of Svalbard for 1,000 years as part of the GitHub Archive Program. A snapshot of the Bitcoin codebase will be encoded onto film reels and stored for a thousand years under the arctic ice in Svalbard, Norway. The move is part of the GitHub…
Read more
Along with decreasing volatility in the spot price of major cryptoassets, trading volumes in both bitcoin (BTC) and ethereum (ETH) futures contracts have also been on the decline across exchanges since the crypto market crash in mid-March. As would be expected, the futures market was most active during the major sell-offs on March 12 and…
Read more
AT&T wants two claims of deceit and $200 million dismissed from the ongoing case over a crypto investor who lost $24 million to a SIM-swapping attack in January 2018. AT&T is again seeking to have punitive damages claims of $200 million dismissed in an ongoing court case between the telecoms giant and crypto investor Michael…
Read more
Major crypto exchange and wallet provider Huobi has partnered with decentralized crypto lending platform Cred to enable users to earn interest on their crypto holdings. Major cryptocurrency exchange and wallet provider Huobi has partnered with decentralized crypto lending platform Cred to enable users to earn interest on their holdings. An announcement on April 1 revealed…
Read more
The Australian National University has partnered with Ripple to develop two Masters courses examining the impact of blockchain on legal disputes. The Australian National University (ANU)’s law school will roll out two new courses in its Masters program next year exploring the impact of blockchain on the legal field. The courses are being developed with…
Read more
