After a failed attempt to clear the USD 7,550, bitcoin price started a fresh decline. BTC/USD broke the USD 7,400 support area and even the USD 7,350 pivot level. The price is now (09:00 UTC) struggling to stay above USD 7,200 and it may continue to move down. Similarly, there was a fresh decrease in…
Read more
The Chamber of Digital Commerce and the Enterprise Ethereum Alliance have partnered to facilitate industry advocacy and education efforts around tokenization. The Chamber of Digital Commerce and the Enterprise Ethereum Alliance (EEA) have partnered to facilitate industry advocacy and education efforts around tokenization. According to a Dec. 11 press release, the two blockchain advocacy organizations…
Read more
Shopin Founder and CEO Eran Eyal allegedly spent $500,000 of investor funds on personal expenses. The United States Securities and Exchange Commission (SEC) has charged Eran Eyal, the founder Shopin, with orchestrating a fraudulent initial coin offering (ICO). In a press release on Dec. 11, the SEC alleged that the businessman and his company defrauded hundreds…
Read more
The CEO of Singaporean hedge fund Three Arrows Capital has warned that stock-to-flow-based predictions about rising Bitcoin (BTC) value in 2020 could be wide of the mark – and has claimed that investors pinning their hopes on mining reward halving and stock-to-flow movements could end up in “over-leveraged positions.” Speaking on the Venture Coinist podcast,…
Read more
China’s Sichuan province accounts for over 50% of the global hash rate, according to a study by digital asset manager CoinShares. Chinese Bitcoin (BTC) miners are now responsible for controlling as much as 66% of global hash rate, a new report claims. China’s Sichuan province is accounting for over half the global hash rate, according…
Read more
A game screenshot. Want to be a Bitcoin (BTC) collector, but you are either afraid of getting in the game or don’t have the funds to? Want to see what life is like for miners (not literally)? Well, there’s a literal game for you to play and experience what it’s like being a miner. The…
Read more
The never-ending sandbox fight between Bitcoin (BTC) and Ethereum (ETH) camps just got a new twist. A scaling solution for Ethereum was proposed the other day, but now, some bitcoiners claim this is an old idea and that it might be implemented in Bitcoin if it proves valuable. Short recap: we reported yesterday on market’s…
Read more
Jack Dorsey, the founder and CEO of Twitter, has revealed that the company funded a dedicated team to develop a decentralized standard for social media. Jack Dorsey, the founder and CEO of Twitter and payments operator Squre, has revealed that Twitter is funding a dedicated team to develop a decentralized standard for social media. In…
Read more
Several altcoins are on the verge of resuming their downtrend. What are the critical levels to watch out for going into mid-December? Paris-based asset management firm Napoleon AM has announced the launch of a specialized professional fund under French law, the Napoleon Bitcoin Fund. The fund would replicate the price of the cash-settled Bitcoin futures…
Read more
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulation news The New York Department of Financial Services (NYDFS) issued their ‘Proposed Guidance Regarding Adoption or Listing of Virtual Currencies,’ which will modify the approval process for Read more »Pay/Trade/Buy…
Read more
