In the last 24 hours, the Bitcoin price has slightly recovered from $ 3,451 to $ 3,526 following the announcement of Fidelity to launch Bitcoin custody by the end of the first quarter. The valuation of the crypto market has increased by $ 2 billion overnight as Bitcoin (BTC), EOS (EOS), and Ethereum (ETH) rebounded in the range of one to three percent against the U.S. dollar. Why Bitcoin is Still Vulnerable While the recovery of Bitcoin prevented a further decline in price to the low $ 3,000 region, traders generally agree that the dominant cryptocurrency still remains vulnerable. DonAlt, a cryptocurrency technical analyst,
By CCN.com: In the last 48 hours, despite the withdrawal of the Chicago Board Options Exchange (CBOE) and VanEck Bitcoin exchange-traded fund (ETF), the Bitcoin price has increased from $ 3,511 to $ 3,657 by nearly two percent. Although the lack of a major price movement following a highly anticipated event like the VanEck ETF withdrawal demonstrated
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On January 11, the crypto market experienced an intense sell-off as the Bitcoin price dropped below the $ 3,600 mark and major digital assets recorded drops in the range of 10 to 15 percent. Following a drop in the price of BTC from $ 4,036 to $ 3,503, traders expect the dominant cryptocurrency to fall below key support
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U.S. President Donald Trump appears positive over recent trade talks with China. But Trump is not so upbeat about coming to an agreement with the Democrats and ending the government shutdown. Could a trade resolution with China happen before the government starts to pay its employees? As Trump left for his visit to Texas and … Continued
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Following one of its biggest bull rallies in history to $ 19,500, Bitcoin (BTC) is set to end 2018 with an 80 percent drop from its all-time high. As Bitcoin enters 2019 with a bear market status having suffered a steep sell-off in December, what can investors expect in the first two quarters of 2019? Several … Continued
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When we think of Bitcoin adoption, we tend to focus on the price rally that will no doubt come with it. When people in the mainstream start using Bitcoin to buy normal products, the price of Bitcoin will fly as more people start to buy and spend it. Of course, one drawback of adoption is that eventually, this rally will come to an end and many believe that once Bitcoin does hit the mainstream, it’s price will finally become more stable, otherwise, why would anyone bother using it to make everyday purchases?
One of the main issues that Ripple’s XRP enthusiasts have is its listing on one of the biggest digital currency exchanges around the globe, Coinbase. Their problem is most likely based on the prowess and status of the digital currency which makes it deserving of a listing on the number one exchange in the world. However, the expectation still lingers and the question needs to be asked which is will it ever be listed on the exchange?
Ripple XRP has gathered prominence to itself as a blockchain project that is unique as a gross real-time system, currency exchange, and a remittance network.
After months of dealing with regulators and fallout from its Cambridge Analytica scandal, Facebook has announced a new product and it’s about as tone deaf as you would imagine. The Portal and Portal+ are two new video communication devices that are designed to live within your home, enabling friends and family to remotely hang out. […]
The Maltese government has a unique claim to fame. This year it will host the world’s first state-official blockchain event, solidifying Malta’s reputation as a pioneer in this nascent industry.
Attendees from all over the globe are expected to attend the two-day Delta Summit between 3rd and 5th October this year. The event serves as a showcase of the Maltese government’s efforts to encourage innovation and provide a regulatory framework for entrepreneurs. Here’s what visitors and blockchain enthusiasts can expect:
Today, Fundstrat’s Tom Lee has reaffirmed his $ 30,000 Bitcoin price target by December. But, other permabulls are not as optimistic as Lee about the short-term trend of Bitcoin. In May, BitMEX CEO Arthur Hayes stated that he would like to see the BTC price fall to the $ 5,000 region before recovering and initiating a 2017-esqe
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The first ever hard fork of privacy-oriented cryptocurrency Zcash is little more than a day away. The upgrade is called Overwinter and it will take place at block 347,500.
What is Overwinter?
Overwinter is set to become the very first hard fork for Zcash. Its purpose is to fortify the existing protocol for future upgrades. Designed to activate at block 347,500, which, assuming 150 seconds/block rate, should happen on June 26th, the upgrade will require all users to update the existing software.
Airdrops are well established idea here at the launch of the EOS mainnet, so its startups are way ahead of being the first to give free tokens away.
Provincial securities regulators in Canada won’t take a radically different approach to the U.S. SEC in analyzing whether tokens are securities.
With Australia set to introduce new legislation that will empower authorities to monitor and regulate the activities of cryptocurrency traders, many analysts are anticipating that the country’s bitcoin investors will face a crackdown from the the country’s tax office.
Australia to Expand Regulatory Domain Over Cryptocurrency Traders
Australia’s new cryptocurrency regulations will see anti-money laundering legislation extended in order to greater encompass the challenges posed by virtual currencies. Analysts are expecting that the Australian Tax Office (ATO) will launch a crackdown on Australian cryptocurrency traders once the new rules are in effect.
Over the past few months, well known hardware wallet manufacturers have been swamped with sales during and after the holiday season. Hardware wallet deliveries have been backed up and some people have had to wait weeks to get direct shipping from source manufacturers. Much of the demand has stemmed from the typical holiday season, but also because digital assets have gained a lot in value during the course of 2017 and into the new year.