Tag: bitcoin

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Bitcoin Corrects Lower While Altcoins Gain Bullish Momentum

Recently, bitcoin price climbed above the USD 9,450 and USD 9,500 resistance levels. However, BTC/USD failed to continue above USD 9,550 and topped near the USD 9,600 area. It is currently (09:00 UTC) correcting lower and it seems like the bears are eyeing a test of the USD 9,250 support. On the other hand, there…
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IBM-Backed Hyperledger Fabric Releases Version 2.0

Hyperledger Fabric had a major release with version 2.0, which significantly improves performance while adding some decentralization aspects for data sharing. Hyperledger Fabric released version 2.0 of its enterprise distributed ledger technology (DLT) platform, according to a Jan. 30 announcement. Several major features were added to the platform that improve how its different participants communicate…
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1% Bitcoin No Longer ‘Crazy’ for Portfolios, Says Morgan Creek CEO

Morgan Creek founder and CEO Mark Yusko says Bitcoin is one of the most asymmetric assets he has ever seen in his career as a fund manager. Bitcoin (BTC) represents an investment in technology and innovation, making it a must-have in any portfolio, suggested the CEO of Morgan Creek Capital, Mark Yusko, in an interview…
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Analysts Optimistic as Bitcoin Price Breaks Key Long-Term Barrier

After the price of bitcoin (BTC) crossed the technically important 200-day moving average line earlier this week, some analysts have come out with bullish calls for the number one digital asset. Tom Lee of Fundstrat Global Advisors wrote in a private note to clients that the break of the 200-day moving average line means that…
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Does Algorand 2.0 Prove an Appealing Option for Developers?

Government agencies, sports franchises and mainstream exchanges are first real-world adopters of the popular “pure proof-of-stake” Algorand blockchain. Algorand officially unveiled a suite of new features to its pure-proof-of-stake network at the end of November, dubbed Algorand 2.0. The latest suite of technical innovation by the emerging “frictionless finance” network, the upgrade encompasses the official…
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Lack of Regulations Driving Crypto Firms to the Verge of Ruin – Report

Source: iStock/StockSeller_ukr A new report claims that more South Korean cryptocurrency and blockchain technology companies could fold soon following a closure announcement earlier this week from much-vaunted wallet service BitBerry. As previously reported, BitBerry operator and Dunamu subsidiary RootOne Soft said that “poor cryptocurrency market” conditions and “uncertainty about the  Read more »Pay, Trade, Buy…
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Cybercriminals Hide Crypto Mining Script Behind Kobe Bryant Wallpaper

Microsoft’s Security Intelligence team has found a malicious coin mining script in html code buried in Kobe Bryant desktop wallpaper. Opportunistic cybercriminals are capitalizing on the death of basketball legend Kobe Bryant earlier this week by setting booby-traps for those searching for mementos of the star. According to a tweet by Microsoft Security Intelligence on…
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Bitcoin Price Climbs to $9,500 After Third Higher High in One Week

Bitcoin’s impressive rally continues to amaze investors as the price reaches $9,530 to set a third daily higher high this week. For the second time this week, Bitcoin (BTC) bulls have protested against any attempts to push the digital asset below the $9K mark. Earlier today, the price dropped slightly below $9,200 but the pullback…
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Cambodia Launches Blockchain-Based National Payment Gateway

In a few months, Cambodians might be able to start using a blockchain-based “national payment gateway.” Chea Serey, the director-general of the National Bank of Cambodia, told The Phnom Penh Post that peer-to-peer payment and money transfer platform dubbed ‘Project Bakong’ was launched on a trial basis in July and is already supported by 11…
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‘I Think XRP Is a Scam’ Says Former UFC Star and BTC Bull Ben Askren

As regulatory concerns over XRP have been intensifying, some celebrities stepped in to voice more FUD about the coin. As regulatory concerns over XRP — the world’s third-biggest crypto asset — have intensified, some celebrities are stepping in to voice more FUD about the coin. Ben Askren, former UFC fighter and known Bitcoin (BTC) bull,…
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