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Bitcoin Price Returns to $8.7K as Resistance Becomes New Bull Support

A break above $9,000 late on Sunday failed to hold, but analysts remain buoyant about the state of the market over the past month. Bitcoin (BTC) fell below $8,700 on Nov. 11 after a fresh downturn once again ended its stay above the $9,000 mark.  Cryptocurrency market daily overview. Source: Coin360 Bitcoin tests high $8Ks…
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Bitcoin ‘Is Not Real,’ Says Former European Central Bank Chief

Bitcoin lacks the characteristics of a currency and is purely speculative, according to the European Central Bank’s former president Jean-Claude Trichet. Bitcoin (BTC) lacks the characteristics of a currency and is purely speculative, according to the European Central Bank’s former president Jean-Claude Trichet. Chinese news outlet South China Morning Post reported on Nov. 10 that…
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Singapore’s MAS, JPMorgan Unveil Multi-Currency Blockchain Prototype

Singapore’s central bank and state investment firm have created a prototype multi-currency blockchain-based payments network together with JPMorgan. Singapore’s central bank and state investment firm have created a prototype multi-currency blockchain-based payments network together with JPMorgan. A Nov. 11 report from The Business Times indicates that the prototype is designed to enable payments denominated in…
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Did South Korea Just ‘Sentence Blockchain Gaming to Death’?

South Korean gaming industry representatives say that the government may have doomed blockchain gaming to oblivion – after a regulator banned Infinity Star, a game that makes use of Ethereum ERC 721 Non Fungible Tokens (NFTs). Late last week, the Game Rating and Administration Committee (GRAC) – the South Korean body tasked with policing the…
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Bitcoin Price Gains Above $9.1K as Ether Looks to Rally to $285

This week Bitcoin is expected to continue consolidating even as the weekly MACD is on the verge of a bull cross. Meanwhile, key indicators suggest that Ether price could explode higher. To a new investor entering the crypto-space sights like today’s 3.5% pump to $9,141 is enough to make you giddy with excitement about the…
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Russian Crypto Plot, China Mining U-Turn, Lottery Winner’s BTC Gamble: Hodler’s Digest, Nov. 4–10

Russia plans new law that would allow police to confiscate BTC, and China scraps plan to ban cryptocurrency mining. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week…
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Top-5 Cryptos This Week: XTZ, ATOM, XLM, LTC, EOS

The top-performing cryptocurrencies of the past seven days are showing signs of bottoming out. Is it a good time to buy? Bitcoin (BTC) futures volumes have been consistently rising in the past few days. This shows that the interest of the institutional players has been gradually picking up.  A close study of the futures volume…
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IDEX Claims Creation of ‘Infinite Scaling Solution for Ethereum’

The decentralized exchange responsible for over 40% of DEX transactions claims to have created an “infinite scaling solution” for the Ethereum network. IDEX, the decentralized exchange (DEX) responsible for over 40% of all DEX transactions, claims to have created an “infinite scaling solution” for the Ethereum network. 1,000 times faster In an email sent to…
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Scale of OneCoin Scam Unravels Amid Ongoing Court Hearings

A U.S.-based lawyer linked with the OneCoin scam allegedly helped Ruja Ignatova, the principal accused in the OneCoin scam, launder over $400 million. With each passing day, the financial nitty-gritty associated with the cryptocurrency-related OneCoin Ponzi scheme continues to become of increasing interest to members of the global crypto community.  The U.S. government’s previous estimate…
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The World Wants to Know Bitcoin Price, BTC Forecast and Is It Healthy?

It’s safe to say that Bitcoin (BTC) is the most talked-about cryptocurrency in the world – but in what way have the people around the world been mentioning it in the past 12 months, starting November 2018 when bitcoin price dropped to USD 4,000? To find out, we’ve looked at different search terms relating to…
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