Bitcoin is at a strong support level. If it fails to bounce quickly, it is likely to turn negative. Let’s analyze the charts. This week, major cryptocurrency exchange Binance stated that it plans to take a conservative approach and that Venus project will comply with all the regulatory requirements. This will keep it away from […]
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Solving the blockchain scalability challenge requires coming up with new consensus mechanisms that support different nonfinancial use cases. Blockchains and the related field of decentralized technologies represent a massive opportunity for humanity — not to mention the fact they appeared with almost perfect timing. Our largest institutions have become so powerful that they can take […]
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Cielo, the largest credit card processing company in Brazil, recently announced support for cryptocurrency payments on its point-of-sale devices. Cielo, the largest payment processing provider in Brazil, has unveiled support for Bitcoin (BTC) and cryptocurrency purchases on its point-of-sale (PoS) devices. Crypto payments via QR codes Cointelegraph Brazil reported the news on Aug. 30. According […]
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After seeing growth earlier today, crypto markets are trading sideways, with top-20 coins by market cap sending mixed signals and Bitcoin price stable. Friday, Aug. 30 — after seeing some growth on the day, crypto markets are trading sideways, with top-20 coins by market cap sending mixed signals. Market visualization. Source: Coin360 Bitcoin (BTC), which […]
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Craig Wright has been ordered by a U.S. court to hand over more that 500K of his Bitcoin holdings to David Kleiman’s estate. Will the market survive? With each passing day, Craig S. Wright’s reputation continues to take a bigger beating. This time around, a Florida court has found the self-proclaimed inventor of Bitcoin (BTC) […]
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Bitwala launches smartphone Bitcoin banking app for customers in 30 European countries. On Aug. 29, German blockchain-based banking startup, Bitwala, announced the launch of its smartphone app for Bitcoin banking on iOS and Android. Customers in over 30 European countries can now open a German bank account with integrated Bitcoin wallet and trading. Open an […]
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The super-rich in India prefer Bitcoin to altcoins as one in ten plan to invest in cryptocurrency, according to a new survey. High net-worth individuals (HNIs) in India are more likely to invest in Bitcoin than other cryptocurrencies, according to a new Huru India survey, FinancialExpress reported on Aug. 30. Digital currencies were the fourth […]
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Following integration with major cryptos, Samsung Galaxy S10 now supports major stablecoins such as TUSD, MKR and USDC. Following integration with major cryptos, South Korean tech giant Samsung expands the coins supported by the Galaxy S10 device with three stablecoins. According to a U.today report on Aug. 30, Samsung’s new flagship smartphone now supports three […]
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There’s more money in the game for miners than ever before, as all-time revenue for Bitcoin mining tops $14 billion. All-time revenue for Bitcoin (BTC) miners has topped $14 billion, according to fresh data from Coin Metrics. As Yahoo! Finance reported on Aug. 30, despite the massive increase in the network’s hash rate — a […]
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Bitcoin’s technical health is increasing at odds with price, as hash rate and market cap continue growing exponentially. Bitcoin (BTC) price climbed back above $9,500 on Aug. 30 as the largest cryptocurrency continued to grapple with the fallout of this week’s sudden losses. Market visualization. Source: Coin360 Bitcoin traders brace for return to $8Ks Data […]
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