Recently, there was a downside correction in bitcoin below the USD 9,250 support area. BTC/USD tested the USD 9,000 support area and it is currently (08:00 UTC) consolidating losses. If the price breaks the USD 9,000 support, it could correct further towards USD 8,850 or USD 8,700. Similarly, many major altcoins are correcting lower and…
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Nobuaki Kobayashi repeats extends the deadline for the same reasons as before — the number of “fully or partially disapproved” claims. The trustee in charge of refunding users who lost money in the implosion of Bitcoin (BTC) exchange Mt. Gox has again extended the submission deadline for claims. In a statement released on Oct. 28,…
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Source: Rami Al-zayat on Unsplash The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. This article has been brought to you by DappRadar, a dapp data aggregator and analysis firm. ___________ Back when everyone was upgrading to smartphones, Apple caught the zeitgeist with…
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The skateboarding legend, who has already made it known he is bullish on Bitcoin, will pitch to attendees of Bitcoin 2020 next March. Bitcoin (BTC) has cemented Tony Hawk as one of its long-term fans as the skateboarding legend prepares to speak at a major conference. Hawk HODLing BTC for at least 5 years Accepting…
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Today, Oct. 31, marks eleven years since the publication of the Bitcoin white paper by the still-mysterious person or group pseudonymously identified as Satoshi Nakamoto. Today, Oct. 31, marks eleven years since the publication of the Bitcoin white paper by the still-mysterious person or group pseudonymously identified as Satoshi Nakamoto. A revolutionary text Bitcoin: A…
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Investment strategist William Peets has pointed to a widespread underestimation of the deflationary impact of cryptocurrencies and blockchain for global finance. Investment strategist William Peets has pointed to a widespread underestimation of the deflationary impact of cryptocurrencies such as Bitcoin and blockchain for global finance. Peets is currently CIO and portfolio manager for digital asset…
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Sygnum is set to expand into its second jurisdiction after gaining approval to offer cryptocurrency banking services in Singapore. Swiss-based cryptocurrency bank Sygnum has received the go-ahead to offer banking services in Singapore. Sygnum: license is “important milestone” In a blog post on Oct. 31, Sygnum, which gained a Swiss banking license in August this…
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Japanese financial giant SBI Holdings has revealed that its cryptocurrency ventures are making a profit – and its influential CEO Yoshitaka Kitao has played down the potential of Bitcoin (BTC) and other altcoins, while singing the virtues of Ripple (XRP). According to mid-financial year figures released by the group and a report from Nikkei, Kitao…
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A veteran Chinese regulator urges those tasked with steering the strategic development of Sichuan province to tap surplus hydropower for the blockchain industry. A veteran Chinese regulator has told those tasked with steering the strategic development of Sichuan province to tap surplus hydropower for the blockchain industry. Jiang Yang — former vice-chairman of the China…
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An Australian stock exchange is concerned that the blockchain-based system of its sole competitor could pose an unfair advantage. The Australian subsidiary of market operator Chi-X called on the Australian Competition and Consumer Commission (ACCC) to investigate the possible effects of blockchain tech on trading activities. Reuters reported on Oct. 30 that stock exchange Chi-X…
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