After a wave of aggressive buying, bitcoin whales are taking some profits. The “big money” investors drove the price up as high as nearly $ 14,000 in the last 24-hour period, reminding the crypto community of how the market dynamics can change on a dime. Now it seems they are cashing in on some of their […]
Binance, the world’s largest crypto exchange, came back online in full today following a weeks hiatus that extended to both deposits and withdrawals on the platform — the result of security maintenance that came in response to a recent hack that resulted in 7,000 bitcoin (BTC) being stolen from the platform’s hot wallet. 🚨 Trading […]
Fidelity's cryptocurrency subsidiary Fidelity Digital Assets will reportedly launch bitcoin trading for its clients “within a few weeks,” according to Bloomberg.
According to the report, which cites an anonymous source, the new services will be open only to institutional investors.
Speaking with the publication, Arlene Roberts, a spokeswoman for the investment company, said, “We currently have a select set of clients we’re supporting on our platform. We will continue to roll out our services over the coming weeks and months based on our clients’ needs, jurisdictions, and other factors. Currently, our service offering is focused on Bitcoin.”
The Winklevoss twins want to play a game. In a recent tweet, Tyler Winklevoss announced a new week-long competition where he will be giving away a bitcoin (BTC) for pictures of the ‘Gemini Crypto Bus,’ a city bus that bears a Gemini advertisement. Start date: Today.End date: Next Saturday (05/11/19) 4pm ET.Nota bene: Trolleys and […]
FreeBitco.in, likely the world’s largest Bitcoin (BTC) faucet with over 19.3 million users, is currently conducting a Lamborghini Huracan LP 580-2 giveaway. According to the site, the event will run over the next 180 days, and investors can earn “Golden Tickets” by betting, playing the sites wagering games or purchasing them for 0.00025 BTC a […]
Over the last two days, Bitcoin Cash (BCH) supporters have noticed a Twitter handle called @Bitcoininfo tipping a bunch of random individuals and nonprofit organizations significant amounts of BCH. The Twitter profile with 107,000 followers revealed on April 26 that it gave away $ 10,000 in BCH using the tipping bot Tippr.
Justin Sun, the CEO of TRON (TRX), the tenth-largest digital currency, took to Twitter on Tuesday to unveil a “global appreciation campaign,” which includes a $ 20 million airdrop and a free Tesla. The catch? Sun is asking people to retweet the post and follow him by March 27 — a clear push to help boost […]
Big news today from Bloomberg‘s Matthew Leising and Alastair Marsh: “Fidelity Investments is targeting a March launch date for its Bitcoin custody service, according to three people with knowledge of the matter, as the mutual-fund giant moves forward with a plan that could help ease fears of trading cryptocurrencies.” “We are currently serving a select set of eligible clients as we continue to build our initial solutions,” the company said in a statement. Over the next several months, we will thoroughly engage with and prioritize prospective clients based on needs, jurisdiction and other factors. A source familiar with the new
Timothy C. May, cypherpunk legend and author of the “Crypto Anarchist Manifesto,” has passed away at the age 67.
NTC Services AS revealed that a foreign investor had stopped an $ 11.70 million investment into a crypto mining facility which was going to be built in Norway’s Tydal municipality. The data center consultancy told E24 that the investor went cold feet after hearing about the Norwegian government’s decision to exempt crypto mining centers from electricity
The post Norway: Tax on Crypto Mining Scares Away $ 11.7 Million Foreign Investment appeared first on CCN
In this edition of The Daily, we detail the reduced role that tether is playing at the world’s leading cryptocurrency exchange and the progress being made in adding bitcoin futures to the world’s second largest stock exchange. We also round up the latest progress being made in the security token space.
Stellar (XLM) is on the verge of its most awaited breakout against Bitcoin (BTC). The past few months had us believe that XLM/BTC had already broken out of the symmetrical triangle but that proved wrong. However, the price has been trading above its long term trend lien and has not breached it even once. Now, the question is, “Which way is Stellar most likely to break out?” Historically, we have seen that the direction the price is trading before it enters a symmetrical triangle continues to be the direction of the price when it exits that symmetrical triangle. So, looking at this chart, we can see that the price was trading up before it hit resistance and fell into the symmetrical triangle. Therefore, it is reasonable to assume that the price will break to the upside.
The head of Russia’s central bank has announced the “cryptocurrency craze” is “starting to fade away” – and that this is a “fortunate” event.
Nabiullina: Businesses Taking ‘Sober Approach’ To Blockchain
Speaking during the country’s fourth FINOPOLIS innovative financial technology forum in Sochi October 17, Bank of Russia’s Elvira Nabiullina signaled a change in the stance of “businesses” towards technologies such as Blockchain and ICOs.
“We’re holding this forum for the fourth time, and in that period a cryptocurrency craze managed to break out which is now – fortunately, in our opinion – beginning to fade away,” she said quoted by local news outlet RIA Novosti.
Pantera Capital CEO Dan Morehead believes a Bitcoin-ETF approval is insignificant in comparison to Bakkt and Fidelity launching cryptocurrency trading platforms for institutional investors.
Too Early for a Bitcoin ETF, Says Pantera Capital CEO
Yesterday, Pantera Capital founder and CEO, Dan Morehead spoke with Messari director of business development and panel moderator Katherine Wu at Bloomberg’s Institutional Crypto Conference.
Pantera Capital has made media waves lately as the firm is one of the first blockchain investment firms and a recent statement to investors floating around Twitter showed the firm’s investment portfolio down 73% on their cryptocurrency investments.
KuCoin, a popular Singapore-based cryptocurrency exchange, recently announced a new Bitcoin (BTC) price guessing competition that will pay out a total of 19 BTC over a 9 day period. KuCoin’s Anniversary Celebration | BTC BTC Price Guessing Competition – Win the Share of 19 BTC! More Info: https://t.co/Q1cxz3QzeYMore Activities: https://t.co/uALqwL2Jqz pic.twitter.com/d5qr9AfCeq — KuCoin Updates (@KuCoinUpdates) September 16, […]
It is a rare sight in the crypto community to see Ethereum (ETH) in the green after a long queue of weeks in the red. The daily chart above for ETH/USD shows that Ethereum (ETH) is just a single step away from kicking off the altcoin rally. This chart is the perfect example of how history may not repeat itself but it does rhyme. The pattern of rise before 2018 bears a striking resemblance to the one just after 2017.
Even though current prices would not necessarily reflect it, the cryptocurrency industry is in a good place. Global interest in Bitcoin and altcoins continues to rise, although there is still a very long way to go before mainstream adoption becomes a thing. Unfortunately, this growing industry also attracts a lot of scammers, as a fake Elon Musk is making the rounds on Medium.
Elon Musk Isn’t Giving Away Crypto
Connections between cryptocurrency and criminal activity have become apparent over the years. Various scams have been created, and most have gone on to be successful. At the same time, a lot of illicit schemes have been nipped in the bud at an early stage, which can only be considered to be a good thing.
Don’t expect any final cryptocurrency regulations in India at least until the end of the year, according to members of the government panel set up to examine the emerging virtual currency ecosystem in the country.
The Conundrum That is Cryptocurrency
India isn’t the first country that has struggled with adequately defining what cryptocurrencies are, in terms of being currencies, commodities, or securities. Particularly problematic for the finance ministry panel looking into cryptocurrencies in India is the means by which they can separate cryptocurrency and blockchain technology.
As his Hungarian parents had fled post-war Soviet regime to settle in the United States, Nick Szabo came to call the Californian Bay area of the 1990s his home. Here, he was among the first to frequent the in-person “Cypherpunk” meetings organized by Timothy May, Eric Hughes and other founding members of the collective of cryptographers, programmers and privacy activists centered around the ’90s mailing list of the same name.
The Bitcoin network is now regularly producing blocks over the 1MB block size limit that was in place prior to Segregated Witness (SegWit).
Bitcoin Blocks Now Exceed 1MB
Bitcoin 00 has been growing in popularity since it was created almost a decade ago. It is used by more and more people each day — and more transactions mean bigger blocks forming the block-chain.
The blocks produced by the Bitcoin network (approximately every 10 minutes) are now exceeding the 1MB limit that was in place before Segregated Witness was introduced in August of last year. “After the upgrade to SegWit in August 2017, although in a much slower fashion than many had hoped, the old 1MB blocksize limit is slowly starting to fade away,” BitMex Research wrote today.