Bitcoin price rebounded over $8,000 earlier today snapping a 3-day losing streak and placing the asset in a good position to test the $8.6K and $9K levels next. On Friday Bitcoin (BTC) price reclaimed $8,000 as bulls appear to be setting their sights on a second go at the weekly high at $8,473. Earlier in […]
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A class-action lawsuit against Bitfinex and Tether was refiled in New York on Jan. 8, just one day before a similar filing by another plaintiff. An Oct. 10 class-action lawsuit filed against iFinex Inc., the parent company of Bitfinex and Tether, was refiled on Jan. 8 in New York’s Southern District. The lawsuit by Young […]
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The U.S. is no longer the top recipient of U.S. dollars in Bitcoin as Singapore took the lead over the course of 2019. For the first time since 2013, the U.S. is no longer the top recipient of Bitcoin (BTC) as valued in USD, as Singapore took the lead over the course of 2019. As […]
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5AMLD comes into effect on Jan. 10, and cryptocurrency service providers are required to go along with it. The European Union’s 5th Anti-Money Laundering Directive (5AMLD) came into effect today, January 10. The regulation was entered as law on July 9, 2018 in an effort to bring increased transparency to financial transactions for pushing back […]
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The bounce off the first support levels on most major cryptocurrencies indicates a possible change in trend. Safe haven assets were dumped on Jan. 8, on reports that the US-Iran conflict might not escalate to an all out war. Cryptocurrencies, which had surged alongside gold and oil with also retreated from two-month high. However, the […]
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BSV-promoting Bitcoin Association has awarded a PhD student at Cambridge University with its Satoshi Nakamoto Scholarship. Bitcoin SV (BSV)-promoting Bitcoin Association has awarded a PhD student at Cambridge University with its Satoshi Nakamoto Scholarship, designed to support the development of blockchain applications. Per a Jan. 9 press release, Robin Kohze, a second-year human genomics PhD […]
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Speaking to mainstream media, Sonny Singh publicly pledged his belief in BTC/USD beating its all-time high of $20,000 at some point this year. Bitcoin (BTC) will reach its highest price ever this year due to “unforeseen” events, which will draw in new buyers, one senior cryptocurrency industry executive says. In an interview with Bloomberg on […]
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The largest cryptocurrency sees heavy downward pressure since hitting in excess of $8,400, with a CME futures gap providing reliable support. Bitcoin (BTC) continued falling on Jan. 10 as gains from late last week fizzled and markets attempted to find support levels in the $7,000-$8,000 range. Cryptocurrency market daily overview. Source: Coin360 BTC futures gap […]
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On Jan. 1, China’s law governing cryptographic password management came into power. What does it mean? On Jan. 1, China’s law governing cryptographic password management came into power. Essentially, the act aims to set standards for the application of cryptography and the management of passwords, and, therefore, ultimately reduces China’s cyber vulnerabilities on a nationwide […]
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The crypto community should be ready for the inevitability of quantum computing: It’s not as distant a future as it might seem. The topic of quantum computing has been steadily gaining interest within the cryptosphere, particularly so over the past 12 months. Given the heightened curiosity and concern, it is worth resolving some open questions […]
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