BlockChain

  • ‘Strange’ Litecoin Network Activity Could Be Related To August Dust Attack
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    A product developer witnesses Litecoin network activity that reminds him of the Aug. 10 dust attack on the network. Product developer Franklyn Richards has witnessed Litecoin (LTC) network activity that reminds him of the Aug. 10 dust attack on Litecoin.In a Dec. 14 blog post, Franklyn Richards, a product developer… Read more »
  • Is Crypto Ready for the New Space Age?
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    Quantum computing services seem to be our future soon enough, but will cryptocurrencies be ready for it when the time comes? Quantum supremacy is officially here, whether we’re ready for it or not. This fall, a research paper from Google was prematurely leaked, claiming just that — quantum supremacy —… Read more »
  • Darknet ICO, Bitmain Infighting, Calls for Cotten to Be Exhumed: Hodler’s Digest, Dec. 9–15
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    A darknet marketplace is planning a $146 million ICO, QuadrigaCX victims want Gerald Cotten’s body exhumed, and Libra has quietly updated its white paper. 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… Read more »
  • Bitcoin Set to Enter Disbelief Phase — Should Hodlers Prep for $2.8K?
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    Bitcoin price is not showing any bullish signs and appears still set to tumble by as much as 60% before a trend reversal takes place. Bitcoin price (BTC) performed as expected over the past week as 8% was shaved off its price of $7,571.80 between Dec. 8 and Dec. 14.… Read more »
  • The Modern Great Game — Facebook’s Libra Project
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    The world is inevitably becoming more and more digital, and Facebook’s digital currency dubbed Libra is a step toward this future. Since Facebook’s digital currency project, Libra, was announced in June, there has been a growing chorus of central bankers and policy makers pushing back against its ambitions. Germany’s Vice… Read more »
  • Tether Sponsors New Version of Bitcoin Tokenization Layer Omni
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    Tether, the stablecoin operator behind USDT, funded the development of the new version of Bitcoin tokenization layer Omni. Tether, the stablecoin operator behind USDT, has funded the development of the new version of Bitcoin (BTC) tokenization layer Omni.In a press release shared with Cointelegraph on Dec. 15, the companies announce… Read more »
  • Bitcoin Floats Around $7,100 as Top Altcoins See Slight Growth
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    Most of the top 20 cryptocurrencies are reporting slight growth, as Bitcoin hovers around the $7,100 mark again. Sunday, Dec. 15 — most of the top 20 cryptocurrencies are reporting slight growth on the day by press time, as Bitcoin (BTC) hovers around the $7,100 mark again.Market visualization courtesy of… Read more »
  • Top-5 Cryptos This Week: ATOM, XTZ, LINK, BCH, NEO
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    Only two of the top five performers have closed in the green in the past seven days, which shows that the sentiment is currently negative. Tom Jessop, the president of Fidelity Digital Assets, said that the absence of a long track record is one of the main reasons that is… Read more »
  • Fidelity Digital Assets to Consider Rolling Out Ether Support in 2020
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    The president of Fidelity Digital Assets announced that the firm could add support for Ether in 2020. Tom Jessop, the president of Fidelity Digital Assets, the cryptocurrency trading arm of United States financial services giant Fidelity, announced that the firm may add support for Ether (ETH) in 2020 is there… Read more »
  • Microsoft Revives Nonfungible Tokens, Sparks Industry's Imagination
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    NFTs are finding applications beyond gaming. Microsoft has been quick to adopt them, but does this mean these tokens are actually becoming popular? Ever since the game CryptoKitties was released in November 2017, the concept of nonfungible token has been ingrained in the minds of developers and investors in the… Read more »
  • 5 Bearish Candlestick Patterns Every Bitcoin Trader Must Know
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    There are simple bearish Japanese candlestick patterns that every Bitcoin and cryptocurrency trader should know — here are 5 of them. As discussed in a previous article on bullish candlestick patterns, trading using Japanese candlesticks is the most popular method for analyzing price action by crypto traders.There are many patterns… Read more »
  • Bitcoin Price Diary: Long BTC and Profitable on Many Altcoin Positions
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    Bitcoin continues to trade sideways, leaving the door open to generate generous profits by trading altcoins. Trading altcoins continues to be one of the most profitable strategies in the crypto market. The highlight of this week was the MATIC (MATIC) pump and subsequent dump, which I was lucky enough to… Read more »
  • PayPal Sues Consumer Protection Agency for ‘Confusing’ Digital Wallet Rules
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    Digital payments giant PayPal is suing the Consumer Financial Protection Bureau for making it provide disclosures for fees it does not charge. PayPal is suing the Consumer Financial Protection Bureau (CFPB) for requiring the firm to make “misleading and confusing” disclosures about its fees.The digital payments giant filed a lawsuit… Read more »
  • Monero Compliance Workgroup Says XMR Exempt From Funds Travel Rule
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    Monero’s compliance workgroup concludes that FinCEN Funds Travel Rule does not apply to underlying assets and cryptocurrencies such as XMR. The Monero Compliance Workgroup has stated that the Monero (XMR) network is not subject to U.S. Financial Crimes and Enforcement Network (FinCEN) guidelines regarding the Funds Travel Rule, in a… Read more »
  • US Fed to Print $425B for New Year’s — 3 Times Bitcoin’s Market Cap
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    A statement confirms the Fed will ease the strain on banks over the new year period by creating more than three times Bitcoin’s market cap in new money. The United States central bank will inject at least $425 billion of nonexistent money into the economy by the middle of next… Read more »
  • 43% of Investors Interested in Bitcoin Are Women: Grayscale Survey
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    A recent report published by Bitcoin fund operator Grayscale suggests that 43% of investors interested in Bitcoin are women. A report published on Dec. 4 by Bitcoin (BTC) fund operator Grayscale suggests that 43% of investors interested in Bitcoin are women.The study involved 1,100 United States investors of ages between… Read more »
  • Bitcoin Price Must Hit $7.3K to Avoid Bearish Bollinger Band ‘Squeeze’
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    The inventor of Bollinger Bands warns his price instrument shows Bitcoin and other cryptocurrencies are facing an imminent return to volatile conditions. Bitcoin (BTC) briefly fell back below $7,200 on Dec. 14 as bearish sentiment continued to pervade cryptocurrency markets.Cryptocurrency market daily overview. Source: Coin360Bollinger: Bitcoin preparing for next breakoutData… Read more »
  • TikTok Owner Reportedly Working With Chinese State Media on Blockchain
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    Owner of popular social media app TikTok has launched a joint venture with a state-owned Chinese media group to develop business lines for blockchain and AI. Owner of major social media app TikTok, ByteDance, has launched a joint venture with state-owned Chinese media group and ThePaper.cn operator Shanghai Dongfang Newspaper… Read more »
  • Europe’s New Regulations Force Bitcoin Service Bottle Pay to Shut Down
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    Recently funded social media Bitcoin transfer service, Bottle Pay, is shutting down citing new AML regulation in the EU as the reason. The Bottle Pay service, which allowed users to send Bitcoin (BTC) via social media accounts, announced on Dec. 13 that it would be shutting down due to Anti-Money… Read more »
  • Blockchain Pilot Makes Waves in Russia's Energy Sector
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    Russian tech startup Waves announced it has been testing a blockchain solution for payments in the retail electricity sector. Earlier this week, Russian tech startup Waves announced it has been testing a blockchain solution for payments in the retail electricity sector. The pilot program was initiated by Rosseti, Russia’s national… Read more »
  • New York AG Finds It ‘Perverse’ for Bitfinex and Tether to Criticize Investigation
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    New York Attorney General continues to push to investigate the alleged multimillion dollar coverup involving Bitfinex and Tether. In a filing with the New York State Supreme Court’s Appellate Division, New York Attorney General Letitia James roundly criticized the efforts of Bitfinex and Tether to halt her office’s investigation into… Read more »
  • Ripple-Based Remittance Firm SendFriend Claims to Save Up to 80% in Fees
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    Blockchain-based money transfer startup SendFriend utilizes Ripple’s technology to save up to 80% in remittance fees. Blockchain-based money transfer startup SendFriend utilizes Ripple’s technology to save up to 80% in remittance fees, according to a blog post published on Dec. 12.SendFriend uses Ripple’s xRapid product for cross-border payments, converting between… Read more »
  • QuadrigaCX Victims Request Proof of Gerald Cotten’s Death by Exhuming Body
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    Law firm Miller Thomson wants to exhume the body of Gerald Cotten, the deceased owner of now-defunct Canadian crypto exchange QuadrigaCX. Canadian law firm Miller Thomson has made a request to the Royal Canadian Mounted Police (RCMP) to conduct an exhumation and post-mortem autopsy on the body of Gerald Cotten,… Read more »
  • Bitcoin Miner Canaan’s Shares Plunge 40% Since IPO in November
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    Chinese Bitcoin mining giant Canaan Creative’s shares have seen a 40 percent drop in value since its initial public offering in November. Chinese Bitcoin (BTC) mining giant Canaan Creative’s depositary shares have seen a 40 percent drop in value since November initial public offering (IPO).Canaan was the first Bitcoin mining… Read more »
  • Bitcoin Price Short-Term Indicators Hinting at $7.4K Weekend Bounce
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    Bitcoin price is attempting to rebound from this week’s slump as it heads into the weekend that might see a relief rally, but don’t bet the farm just yet. The price of Bitcoin (BTC) has headed north over the last 24 hours, up over 1% at $7,272. As a result,… Read more »
  • 200K Users ‘Already in Line’ for Robinhood’s Fractional Stock Trading
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    As Robinhood plans to allow its users to buy slices of shares at $1, over 200,000 users have expressed their intent to use the service. More than 200,000 Robinhood clients have already expressed their intent to use its new fractional stock trading app announced yesterday.Vladimir Tenev, co-founder at Robinhood, said… Read more »
  • Price Analysis Dec 13: BTC, Cryptos Prepare for Possible ‘Santa Rally’
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    Data shows that whales and institutional investors accumulated Bitcoin throughout its 2-year long bearish phase, should retail investors follow? Data from CoinMetrics shows that crypto whales now hold 42.1% of Bitcoin’s current supply. This is a slight increase compared to 37.9% two years back and analysts have interpreted the increase… Read more »
  • Sweden's Central Bank to Partner with Accenture to Launch E-Krona
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    Sweden’s central bank plans to create a pilot platform for a new digital currency, called the e-krona, in latest in European CBDC news. Sweden’s central bank is planning plans to create a pilot platform for a digital currency known as the e-krona.While Switzerland took a negative stance towards a central… Read more »
  • VeChain Loses $6.6M in VET Tokens to Hacker in Attack on Buyback Wallet
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    VeChain token slips over 4% after an unknown hacker has redirected $6.6 million from the VeChain Foundation’s buyback wallet. Note: This story has been updated to provide more details about the incident.VeChain Foundation’s wallet has been compromised in a hacker attack targeting funds earmarked for the foundation’s buyback program.Per a… Read more »
  • Libra Updates White Paper, Removes Dividends for Libra Association
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    Libra white paper is quietly updated with amended Libra Association members and removal of dividends for early investors. The white paper for Facebook’s proposed Libra currency has been quietly updated, according to a Dec. 10 article written by Georgetown University law professor, Chris Brummer. Aside from expected amendments reflecting the… Read more »