Tag: bitcoin

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Altcoin Market Capitalization Shrinks Despite Volume Boost Since 2017

Despite crypto markets reclaiming the capitalization boasted in Nov. 2017 and record volumes, altcoins have seen a declining market share. At present, the combined capitalization of the 2,022 crypto assets with a known market cap was roughly $222 billion. On Nov. 19, 2017, just weeks before the current all-time highs would be set for the…
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South Africa: Bank Drops Bitcoin Exchanges Citing ‘Regulatory Clarity’

FirstRand Bank has said it will no longer serve exchanges after March 2020, while at least one of those affected says it already has alternative arrangements in place. Bitcoin (BTC) exchanges in South Africa will lose their banking support after a local bank confirmed it was closing their accounts. As local internet magazine My Broadband…
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Singapore: Crypto Derivatives Set to Come Under Regulatory Oversight

Singapore’s central bank and financial regulator, the Monetary Authority of Singapore, has proposed bringing crypto derivatives trading under its purview. Singapore’s central bank and financial regulator, the Monetary Authority of Singapore (MAS), has proposed bringing crypto derivatives trading under its purview. According to a BNN Bloomberg report on Nov. 20, the MAS’ proposal would make…
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Why Not Pay Sources for Stories? — Asks Blockchain Media Startup

BLOCKTV is proposing to pay sources for providing info for meaningful stories in the blockchain space, while some journalism experts disagree. Tel Aviv-based media outlet BLOCKTV announced details of a tokenized rewards system to incentivize sources to share exclusive news tips. This comes after BLOCKTV revealed that its native token, BLTV, would be listed on…
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Bitcoin May Hit $4,500 But Miners Have Mostly Capitulated — Analysts

The short-term outlook for Bitcoin could involve a 71% retracement versus 2019 highs of $13,800, warn Tone Vays and Willy Woo. The Bitcoin (BTC) price has almost reached its bottom for 2019, but the threat still remains for markets to hit $4,500, according to one expert. Well-known statistician and analyst Willy Woo delivered his analysis…
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Tor Project Now Accepts Bitcoin Over Lightning Network

The Tor Project, the nonprofit organization behind the anonymous network Tor, announced that it now accepts Bitcoin donations via the Lightning Network. The Tor Project, the nonprofit organization behind the anonymous network Tor, announced that it now accepts Bitcoin (BTC) donations via the Lightning Network. The organization announced on Nov. 19 that it will accept…
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Passwords, Data of 1.4m XRP Ledger-based GateHub Wallets Leaked Online

A security expert has reported that personal data and passwords belonging to users of the GateHub crypto wallet – which makes use of the XRP Ledger protocol – have been dumped onto a hacking community website. Per media outlet Ars Technica and Tony Hunt of the Have I Been Pwned website, the security breach took…
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Bitcoin and Altcoins In Corrective Increase But Downtrend Intact

In the past few sessions, there was a downside extension in bitcoin price below the USD 8,250 and USD 8,050 support levels. BTC/USD even tested the USD 8,000 handle and it is currently (09:00 UTC) correcting higher. However, there are many resistances on the upside near USD 8,250 and USD 8,320. Similarly, most major altcoins…
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Singapore’s Message to Crypto Derivative Traders + More Crypto News

Source: iStock/Jui-Chi Chan 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 Singapore’s financial regulator has proposed green-lighting crypto-token derivatives to list and trade on approved domestic exchanges, Bloomberg reported. Under the proposal,  Read more »Pay/Trade/Buy Bitcoin with…
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Binance Falls From Top 10 in CryptoCompare’s New Crypto Exchange Rankings

Binance, the second-biggest crypto exchange, fell out of CryptoCompare’s new exchange rankings due to security concerns. London-based crypto data provider CryptoCompare has updated its crypto Exchange Benchmark, removing Binance cryptocurrency exchange from the list of the top 10 exchanges. Binance, the second biggest crypto exchange by daily trade volume to date, is not included in…
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