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Bitcoin (BTC)
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Shanghai Star Market Records Its 200th IPO with Newtouch Software.
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Crypto Market Forecast: W/C 7 December 2020.
A curated weekly summary of forward-focused crypto news that matters. This week - proposed new stablecoin legislation a potential game-changer in the US, Spark / XRP airdrop scheduled for the 12th, and Bitcoin holds steady over $19,000 origin »
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Why Bitcoin analysts are expecting weeks of consolidation or correction.
The price of Bitcoin is still hovering over $19,000, but on-chain analysts expect weeks of consolidation or a correction to occur. The post Why Bitcoin analysts are expecting weeks of consolidation or correction appeared first on CryptoSlate. origin »
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Japanese City to Trial Blockchain Voting System.
Kaga, Ishikawa Prefecture, is looking at blockchain tech to solve problems in the city, starting with an e-voting system. origin »
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Bequant, Global Digital Finance Look to Create Best Practices for DeFi.
A working group wants to create some best practices for decentralized finance in an effort to improve adoption while warding off potential regulations. origin »
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One Percent of Ethereum Supply Already Staked, 6% in DeFi.
Over one percent of the entire supply of Ethereum has now been staked on the deposit contract according to co-founder Vitalik Buterin. Staking for ETH 2.0 got off to a slow start when the deposit contract was officially deployed last month, but the target was hit with a late spurt, and the new blockchain launched … Continued The post One Percent of Ethereum Supply Already Staked, 6% in DeFi appeared first on BeInCrypto. origin »
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Bitcoin Cash Proponent Tattoos Forearm to Spread Digital Cash Awareness.
In order to spread the message about peer-to-peer electronic cash, some people talk about cryptocurrencies on a daily basis or wear t-shirts that display the bitcoin logo. Digital currency proponent, David Valenz, has taken the message spreading to a whole new level when he got a large tattoo on his forearm that displays a Bitcoin […] The post Bitcoin Cash Proponent Tattoos Forearm to Spread Digital Cash Awareness appeared first on Bitcoin News. origin »
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Ripple Sells $15 Million Worth of Its Stock Holding in MoneyGram.
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E-commerce Giant JD.com Starts Accepting Digital Yuan on Its Platform.
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Ron Paul Advises Bitcoin Proponents to ‘Be Vigilant’ of Government – ‘There’s Information Collected’.
On December 5, the American author and retired politician, Ron Paul, joined the Stephan Livera Podcast episode 234 and discussed cryptocurrencies and bitcoin at great length. During the interview, the prominent libertarian said when bitcoin came out he was still in congress and he thought the most important thing to do at the time was […] The post Ron Paul Advises Bitcoin Proponents to ‘Be Vigilant’ of Government – ‘There’s Information Collected’ appeared first on Bitcoin News. origin »
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Introducing SINOVATE: The Future of Decentralized Cloud Storage.
PRESS RELEASE. Decentralized cloud data storage platform SINOVATE is developing its own in-house blockchain technology known as Deterministic Infinity Nodes (DIN). The potentially groundbreaking new tech works in unison with Incorruptible Data Storage (IDS) to create a new consensus system with security levels never seen before. origin »
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Apple Co-Founder Steve Wozniak Floats New Company Efforce and WOZX Token.
Continue reading at Coinspeaker origin »
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China Enables Digital Yuan P2P Transfers in New Pilot Launch.
China is now allowing citizens to transfer the digital yuan to each other by simply tapping phones. The new trial is a bid to make using the currency as simple as possible. Nikkei Asia has reported that China will further streamline the use of its digital yuan by supporting its use in everyday transfers. origin »
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OMG Network Sees ‘Huge Opportunities’ Following Genesis Block Takeover.
On Dec. 3, the venture subsidiary of Hong Kong-based Genesis Block Ventures (GBV) announced that it would be taking over the Ethereum-based Plasma scaling platform OMG Network. Formerly known as OmiseGO, the project is a trustless, non-custodial, Layer-2 scaling solution for transferring value on Ethereum. origin »
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Crypto Long & Short: Why Some Investors Get Bitcoin So Wrong, and What That Says About Its Strengths.
Bitcoin may be rooted in blockchain technology, but it's evolved into something much more than code. That's why it's not easy to replicate. origin »
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Hong Kong in Talks With PBOC on Digital Yuan Trial for Cross-Border Payments.
PBOC’s Digital Currency Institute and the HKMA are discussing the technical pilot testing of using e-CNY form making cross-border payments. origin »
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Bitcoin Miners Saw 48% Revenue Increase in November.
Nearly 11% of revenue came from fees, down slightly from October. origin »
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Identifying key Non-Financial risks in Decentralized Finance on the Ethereum Blockchain.
Decentralized Finance applications have experienced exponential growth in 2020 with a boom in the value of DeFi tokens and their protocols. The value of DeFi locked in the Ethereum blockchain grew from $4 in August 2017, to $14. origin »
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SushiSwap’s SUSHI Surges 20% Again After Ethereum Price Correction.
SushiSwap’s native token SUSHI is surging higher after a correction in the price of Ethereum, which reflected poorly on DeFi. SUSHI is currently up by 20% in the past 24 hours alone, making it the best-performing Ethereum-based large-cap digital asset. origin »
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Trading Exchange Okex’s Crypto Reserves Nosedived After Withdrawals Opened.
Just recently, after the exchange paused cryptocurrency withdrawals, the trading platform Okex finally enabled digital currency withdrawals last Wednesday. Since then, the exchange seems to be experiencing an exodus of funds leaving, as onchain data shows Okex’s crypto-asset reserves like bitcoin, ethereum and tether have depleted considerably during the last ten days. origin »
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XRP Begins Breaking Down as Technical Weakness Weighs Heavy.
XRP has been flashing some signs of weakness throughout the past few days and weeks, with the selling pressure seen around the mid-$0. 60 region proving to be too significant for the cryptocurrency to surmount. origin »
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Apple Partner Foxconn Becomes Latest Victim of Bitcoin Ransomers.
Hackers are demanding a $34 million Bitcoin ransom from the market of Apple's iPhones origin »
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Analysts Bullish as Bitcoin Holds $18,500 Region Yet Again.
Bitcoin currently trades for $19,2000, having stabilized due to a lack of volume on the weekend. Some analysts remain bullish in the near term as the cryptocurrency holds the $18,500 region. $18,500 has been an important level for bulls over the past few weeks. origin »
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Will Bitcoin go over $30k before the end of 2020?.
Less than a month remains in 2020. The Bitcoin price has broken above $19,000 not long after it was really low earlier in the year and -- so far -- the BTC price has held steady above that important water mark. origin »
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Fraudulent Crypto Browser Extension Redirects to a Fake Metamask Domain.
A crypto intelligence firm has raised red flags about an increasing flow of comments in the crypto community about an ongoing phishing campaign, which is stealing funds from people who install a malicious browser extension. origin »
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Grayscale’s Bitcoin Investment Trust (GBTC) has Greater Market Penetration than the Most Popular S&P 500 ETF.
Last week, Bitcoin hit a new high on several cryptocurrency exchanges, but it has been stuck in a range since then. At the time of writing, BTC/USD has been trading around $19,000 with $1. 86 billion in trading volume. origin »
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Thailand Excise Dept to Adopt Blockchain Tech In 2021 to Boost Revenue Collection Efficiency.
Blockchain technology sees significant increases in adoption, particularly from companies looking to leverage it and streamline their operations. Beyond companies, there has also been an increase in government blockchain applications. origin »
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The US Dollar Lost 99.9% of its Value to Bitcoin in Just Last 8 Years.
Whistleblower Edward Snowden, a Bitcoin advocate, tweeted on Monday, “Today I learned the dollar had lost 99. 93% of its value since 2013 (relative to Bitcoin). ” Recently, Crypto Twitter also called on President Donald Trump to grant clemency to Snowden, activist Julian Assange, and Silk Road founder Ross Ulbricht. origin »
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Tesla, Amazon, Netflix, & Pfizer Now Tradeable on Bittrex Against USD, USDT, & BTC.
Cryptocurrency exchange Bittrex announced on Monday that it will now allow its users to trade popular stocks. After derivatives platform FTX, Bittrex is the latest one to list the tokenized stocks on its exchange. origin »
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The rich want to invest in Bitcoin.
The wealthy class is showing more interest in Bitcoin Bitcoin has grown to become…
The post The rich want to invest in Bitcoin appeared first on Coin Journal.
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Monero Price: breakout to $200 takes shape after 10% upside.
Monero (XMR) price has reached intraday highs of $144, with the next target likely… The post Monero Price: breakout to $200 takes shape after 10% upside appeared first on Coin Journal. origin »
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Grayscale reports growing demand for ETH from new investors.
Ethereum is drawing the interest of new investors, according to Grayscale According to Michael… The post Grayscale reports growing demand for ETH from new investors appeared first on Coin Journal. origin »
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NEM (XEM) price analysis: bulls eye rebound to $0.30.
The price of NEM (XEM) against the US dollar could climb to $0.30 in…
The post NEM (XEM) price analysis: bulls eye rebound to $0.30 appeared first on Coin Journal.
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Top Financial Historian Calls Bitcoin the Best Investment Opportunity.
Bitcoin has been on a strong rally since the March lows of $3,500. The leading cryptocurrency currently trades for $19,300. Niall Ferguson, a financial historian at the Hoover Institution at Standford University, recently said that he thinks Bitcoin is one of the best investment opportunities right now Bitcoin Could Be the World’s Best Investment Opportunity Bitcoin has been on a strong rally since the March lows of $3,500. origin »
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Ethereum Fractal Predicts Yearn.finance (YFI) Will Have a Big 2021.
Yearn. finance’s native token, YFI, is expected to outperform into 2021 due to fundamental and technical trends. A leading crypto-asset analyst recently shared that YFI’s recent price action looks extremely similar to that of Ethereum prior to the cryptocurrency’s major bull run in 2017. origin »
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Black Shadow Hackers Demand 200 BTC Ransom from Israeli Insurance Giant Shirbit.
One of the largest insurance companies in Israel has been hit by a ransomware attack, and the threat actors started to release sensitive data, as the firm doesn’t pay the requested ransom in bitcoin (BTC). origin »
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Ethereum (ETH) Needs To Clear $605 For Hopes of a Fresh Rally.
Ethereum is consolidating in a contracting range above the $565 support against the US Dollar. ETH price must surpass $05 to start a strong upward move towards $625 and higher. ETH price found support near $565 and started a steady recovery against the US Dollar. origin »
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How Bitcoin Price Could Setup A Strong Surge Above $19.5K.
Bitcoin price started a steady recovery from the $18,580 swing low against the US Dollar. BTC is currently attempting an upside break and it could rally above $19,500. Bitcoin is rising steadily above the $18,800 and $19,000 resistance levels. origin »
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US Representatives Add Digital Currencies to the 2021 Defense Bill.
The United States government is preparing to pass the 2021 National Defense Authorization Act (NDAA) and the latest bill includes a broad definition of currencies and includes “digital currencies. origin »
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Testnet of Facebook’s Much Vaunted Stablecoin Only Executes 6 Transactions per Second.
The Facebook fronted stablecoin, Diem (formerly Libra)’s dismal testnet results undercut the assertion that the digital currency is a threat to global financial stability. This is the conclusion that can be deduced from a Diem blockchain explorer update which shows the network only processes an average of six transactions per second (tps), with the highest […] The post Testnet of Facebook’s Much Vaunted Stablecoin Only Executes 6 Transactions per Second appeared first on Bitcoin News. origin »
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Chainalysis: number of markets in darknet declines but their revenues increase.
Marketplaces in the darknet made more money in 2020 than ever before, according to a Chainalysis report. Since the beginning of the year, their revenues already exceeded $1.5 billion.
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Facebook's Libra Cryptocurrency Project Undergoes Rebranding.
Libra digital currency project was suddenly renamed Diem. The purpose of the rebranding is to distance itself from the social network Facebook and obtain organizational independence.
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