Volume-weighted average price hits a new record this year as other data implies that Bitcoin is 400 days into a 1,000-day bull cycle. Bitcoin (BTC) is worth more in 2020 than any other year it has existed — and historical data suggests that its price will continue climbing for another 19 months. Data uploaded to…
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Regular, non-random Bitcoin outflows from FCoin’s cold wallet point to an exit scam amid the crypto exchange platform’s shutdown. Less than two years after bursting onto the scene, Chinese crypto exchange FCoin has shut down its operations. The platform, founded by Zhang Jian, also says it may be unable to pay the 7,000 to 13,000 Bitcoin…
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This week’s 8% tumble and subsequent failure to recoup gains is no cause for worry, says Cointelegraph’s Michaël van de Poppe. Bitcoin (BTC) continued trading in a narrow corridor on Feb. 22 as markets awaited fresh action after last week’s sudden 8% price drop. Cryptocurrency market daily overview. Source: Coin360 BTC “correcting in an uptrending…
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It was an eventful crypto-week. Seven golden crosses were seen shining among the top 10, including BTC, yet a surprising Bitcoin crash left the market bewildered, but still BTC may be at a pivotal point. Alibaba launched a blockchain-powered initiative amid coronavirus fears, Fcoin failed and has no money to pay back its users, IOTA…
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Vitalik Buterin, Co-founder of Ethereum, and Justin Sun, Founder of Tron. Tron (TRX) is a superior platform to Ethereum (ETH), claim multiple Bitcoin (BTC) people. For several weeks now, certain Bitcoiners have been trolling the Ethereum camp, claiming that Justin Sun and his Tron are coming to take its throne as the platform of choice…
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Digital lead for Calibra explains why Facebook has built a new programming language called Move to power the Libra blockchain. Digital lead for Calibra Ben Maurer gave a presentation on Facebook’s Move programming language at the Stanford Blockchain Conference on Feb. 19. Move was created by Facebook to provide a safe and programmable foundation for…
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NBA and NFL embrace new technology such as Non-Fungible Tokens that allows greater fan engagement, but no player contract tokenization any time soon. Cointelegraph was on the ground for NFT NYC, event taking place a couple of hundred feet from Times Square dedicated to non-fungible tokens. While most of the companies at NFT NYC are…
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Despite hard forking five months ago to resist ASICs, the Ravencoin community has found consensus surrounding its next algorithm. The Ravencoin community continues to argue over what mining algorithm the project should adopt in the future to best deter ASICs, despite Ravencoin conducting a hard fork intended to bolster ASIC-resistance just five months ago. Tron…
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E-commerce giant Shopify has joined the Libra Association, a network of founding members supporting Facebook’s stablecoin project, Libra. E-commerce giant Shopify has joined the Libra Association, a network of founding members supporting Facebook’s stablecoin project Libra. Shopify, a major Canada-based digital commerce platform hosting more than one million merchants, will be collaborating on the establishment…
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Fidelity International, a spin-off of the U.S. asset management giant, made a direct investment into Hong Kong-based digital asset platform operator BC Group. Fidelity International has acquired a stake in BC Group, the operator of OSL, one of Asia’s largest digital asset platforms for institutions. The company purchased 17 million shares for a 5.6% ownership…
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