The price of Bitcoin is likely to head to the $7,000s. But, it may be the last dip below $10,000 for BTC, says one on-chain data analyst. The price of Bitcoin (BTC) is consolidating below $9,200, which has acted as a key support level since late May. According to Cole Garner, if BTC breaks down […]
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The coronavirus outbreak may become the reason for the dramatic technological shift that will define the era. If you’re familiar with medieval history, you’ll know that the plague epidemic eventually led to the liberalization of European politics and, ultimately, to the Renaissance. After the Black Death killed more than 20 million people — over a […]
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LocalBitcoins claims that darknet-related transactions on the platforum dropped 70% after it adopted AML and KYC regulations in September 2019. LocalBitcoins, a major peer-to-peer (P2P) cryptocurrency exchange, has purportedly managed to significantly cut the amount of criminal funds on its platform in 2020. The P2P platform has seen a decline of over 70% in transactions […]
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A classic Fibonacci retracement could land BTC/USD at $6,300 or lower and still not disturb the long-term trend. Bitcoin (BTC) could crash to $6,000 and still remain bullish, one trader claimed on June 26 as the largest cryptocurrency tested $9,000 support. In a Twitter analysis, the popular trader known as SteveCrypt0 offered an alternative to […]
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China’s Yunnan Province has developed the country’s first blockchain-based public resource bidding platform. China’s Yunnan province city of Kunming has completed the development and internal testing of the country’s first completely blockchain-based public resource bidding platform. Public resource bidding is a method utilized by governments to allocate large resources to private and public sector companies […]
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Wirecard’s subsidiary that is responsible for issuing debit cards has been suspended as the company can no longer access customer funds. Wirecard’s subsidiary responsible for issuing debit cards, Wirecard Card Solutions Ltd., has been suspended by the United Kingdom’s Financial Conduct Authority, or FCA. According to a statement issued on June 26 by the regulator, […]
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After seeing an abject failure of traditional financial models, people might turn to decentralized peer-to-peer technology with crypto as the future. Plenty of injustice plagues our communities. For instance, in our world, the unbanked and underbanked don’t have easy access to financial knowledge. All too often, that is reserved for people with wealth and opportunity. […]
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Thai authorities are cracking down on drug networks and the methods they use to launder their profits, including cryptocurrency. Thai authorities are ramping up their efforts to crack down on the country’s drug networks and the ruses they use to launder their multi-million dollar turnovers — including cryptocurrency. AFP News reported on June 26 that […]
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The mining equipment firm, scheduled to go public via Nasdaq later today, is preparing for a massive expansion. Major Chinese Bitcoin (BTC) mining equipment maker Ebang, which is reportedly getting listed on Nasdaq Global Market later today, is planning to expand its business by setting up a cryptocurrency exchange and mining farms. As told to […]
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Bitfinex has uploaded the code for a crypto-powered open-source P2P data streaming protocol to GitHub. Veteran cryptocurrency exchange Bitfinex has announced an open-source peer-to-peer data streaming platform that will allow users to share media across a decentralized network. The code for Bitfinex’s “Dazaar” protocol has been uploaded to GitHub, describing a decentralized network in which […]
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