Bitcoin is showing early signs of a potential bullish reversal, although the overall trend remains bearish with a retest of $8,000 likely for BTC/USD. Bitcoin (BTC) closed the week down almost 6% at $8,500. Altcoins performed slightly better than BTC but collectively also closed lower for the week, down 3.5% against the dollar. Bitcoin dominance…
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 Providing legal certainty on the status of cryptoassets and smart contracts for the first time in the UK, the landmark statement recognizes the asset class as property and smart…
Read more
Let’s take a closer look at the core concepts underlying zero-knowledge proofs. Notable use cases Over the last two to three years, a number of platforms have adopted zero-knowledge proofs in order to bolster their native security/privacy capabilities. ZoKrates is a digital toolbox that can be used by skilled developers to devise and verify zero-knowledge…
Read more
China’s Zhejiang province processed $5.9 million via a blockchain medical billing platform using Ant Financial’s blockchain tech. China’s Zhejiang province has processed nearly $6 million via a blockchain medical billing platform using Ant Financial’s blockchain technology, Chinese publication QNSB reports on Nov. 18. Successfully piloted in 2018, the blockchain-enabled platform allows citizens to make doctor’s…
Read more
There will be a bull run, but not next year, says crypto analyst Tone Vays. And before we get on that road, Bitcoin (BTC) may drop below USD 7,000 before the mining reward halving, he adds. “At the moment, I still see lower prices,” said Vays in a recent interview with Block TV. “I still…
Read more
German airline Hahn Air claims to be the first airline company to issue tickets on a blockchain, through a partnership with Winding Tree. German airline Hahn Air claims to be the first airline company to issue tickets on a blockchain, the firm announced in a press release on Nov. 18. The ticket sale using blockchain…
Read more
Xi Jinping. Source: a video screenshot, Youtube, VICE News Beijing seems to have once again declared its preference for blockchain technology and disdain for virtual currencies. Dovey Wan, a founding partner of California-based investment company Primitive Ventures, shared a short video today, a part of a high profile TV program “Focus Report,” which runs on…
Read more
Sideways action and a failure to break $8,500 on Monday opens up the likelihood for bears taking control, analysts note. Bitcoin (BTC) failed to reclaim $8,500 on Nov. 18 as market sentiment continued trending downwards over the weekend. Cryptocurrency market daily overview. Source: Coin360 Bitcoin hovers at decisive $8,400 level Data from Coin360 showed BTC/USD…
Read more
There are now more than 6,000 Bitcoin ATMs in the world – but as the devices become more widespread, it seems tax authorities are also starting to pay closer attention to the devices. Per data from monitoring site Coin ATM Radar, there are currently 6,003 Bitcoin ATMs in operation now – with a whopping 3,923…
Read more
Source: iStock/E_Y_E Always hungry for more proofs that Bitcoin (BTC) is better than traditional, centralized banking, the Cryptoverse just found more examples in the U.S. and Lebanon. First, the U.S.-headquartered banking giant Bank of America (BoA) froze the accounts of ex PayPal Chief Financial Officer (CFO), prompting the Cryptosphere to share similar stories, but also…
Read more
