After a failed downside attempt, bitcoin price started a decent upward move above the USD 9,250 resistance area. BTC/USD even surpassed the USD 9,400 level, but it struggled to gain strength above the USD 9,500. The price is currently (09:00 UTC) correcting lower and it is approaching the USD 9,200 support area. Similar moves were…
Read more
The largest cryptocurrency Bitcoin forms a clear lead over other options for a ten-year investment, with gold in second place and fiat firmly losing. Almost 60% of 70,000 people would take Bitcoin (BTC) over fiat currency as a long-term investment. That was according to a new survey on Nov. 4 by Ron Paul, the ex-Texas…
Read more
Bitcoin futures are the latest market to see sudden volatility, with traders voicing concerns about manipulation across the BTC and crypto markets. Bitcoin (BTC) trading is coming under the spotlight this week after another flash crash sparked concerns that traders are manipulating markets. As various social media users noted, including statistician Willy Woo on Nov.…
Read more
Roger Ver. Roger Ver, the main proponent of Bitcoin Cash (BCH) says he is giving what one day he finds will be worth USD 5,000 in BCH – 99,900% more than its current worth. On November 4th, Ver came to his Facebook friends with a proposal. Wanting to spread the adoption of BCH, Ver says,…
Read more
Business-to-business cross-border payments carried out on a blockchain will exceed $4.4 trillion by 2024, after reaching $171 billion this year, says Juniper Research. The value of Business-to-Business (B2B) cross-border payments carried out on a blockchain will exceed $4.4 trillion by 2024, after reaching $171 billion this year. According to a press release published by Juniper…
Read more
One year after launching a trailblazing licensing scheme for cryptocurrency fund managers, Hong Kong’s securities regulator has issued few and far between. One year after launching a trailblazing licensing scheme for cryptocurrency fund managers, Hong Kong’s securities regulator has issued few and far between. According to a Reuters report on Nov. 5, the licenses introduced…
Read more
The United States Federal Reserve is hiring a manager for its Retail Payments section to contribute to the research of digital currencies and stablecoins. The United States Federal Reserve is hiring a manager for its Retail Payments section in Washington, D.C. On Nov. 3, the U.S central bank posted a new job opening to its…
Read more
China has introduced an independently developed blockchain-based identification system for its smart city infrastructure. China continues to up its blockchain game with an independently developed blockchain-based identification system for cities as part of its smart city infrastructure. On Nov. 4, Chinese daily tabloid newspaper Global Times reported that the newly developed identification system was jointly…
Read more
Regulators in the Canadian province of British Columbia have shut down the Einstein cryptocurrency exchange, which reportedly owes $16 million to clients. Regulators in the Canadian province of British Columbia have shut down the Vancouver-based Einstein cryptocurrency exchange. In a press release on Nov. 4, the British Columbia Securities Commission (BCSC) reported that it had…
Read more
The Stellar Development Foundation has announced that it burned over 55 billion tokens and is focusing on other development goals for the currency. The Stellar Development Foundation (SDF) announced a new mandate today for its network’s development, stating that it has burned over 55 billion Stellar Lumens (XLM) tokens. According to a Medium post on…
Read more
