The previously delicate barrier turned to firmer support on Friday, with BTC price rising above $10,200. Bitcoin (BTC) price was consolidating $10,000 support on Aug. 23 after successfully shunning four figures during the day’s trading. Market visualization. Source: Coin360 Bitcoin delivers firm bounce off $10K Data from Coin360 show a newly strengthened Bitcoin managing to […]
Continue Reading
A source close to the mining chip manufacturer involved in the deal confirmed an order for 600,000 7nm units. Bitcoin (BTC) mining giant Bitmain will increase its capacity by 50% in the next six months on the back of a giant hardware order, a source close to the deal has said. Bitmain eyes 50% capacity […]
Continue Reading
Bitcoin is more efficient for paying taxes than bank cards, suggests co-founder of Toronto-based cryptocurrency exchange Coinberry, Evan Kuhn. Evan Kuhn, Toronto-based cryptocurrency exchange Coinberry’s co-founder, stated that accepting Bitcoin (BTC) for taxes is more efficient than using bank card payments. As real estate news outlet Mansion Global reported on Aug. 22, Kuhn claims that […]
Continue Reading
The crypto market is seeing green in general, with Bitcoin price hovering at around $10,150. Thursday, Aug. 22— Bitcoin (BTC), Ether (ETH), and XRP are all in the green. These top three coins fell from Monday to Wednesday, but are moving upwards again. Top cryptocurrencies are generally green across the board. Market visualization. Source: Coin360 […]
Continue Reading
Venezuelan department store chain Traki to use Pundi X’s blockchain-based payment processors, expanding support for crypto payments at 49 stores. Cryptocurrency startup Pundi X has partnered with major Venezuelan chain Traki, who will now offer Pundi X’s blockchain-based point-of-sale devices for crypto payments. Pundi X announced the expansion in an official blog post on Aug. […]
Continue Reading
XRP’s price was under assault after a coordinated sell-off. Why are exchanges vulnerable to such manipulations, and how do they respond? Cryptocurrency liquidity has long been a thorny issue for enthusiasts and evangelists. Although they eagerly promote the ecosystem and tout blockchain’s benefits, the elephant in the room that most enthusiasts willingly ignore is the […]
Continue Reading
Crypto advocate Patrick Byrne resigns as CEO of Overstock following rough year in sales. Noted crypto advocate Patrick Byrne resigns as CEO of Overstock. Per a letter of resignation and company statement posted on Twitter Aug. 22, Patrick Byrn will be stepping down as CEO of Overstock. Having led crypto-friendly ecommerce at the company, including […]
Continue Reading
Bitpoint Taiwan, a subsidiary of Bitpoint Japan, claimed $9.4 damages for loss due to overbilling after $32 million hack of parent exchange in July. The Taiwan-based subsidiary of hacked crypto exchange Bitpoint Japan will file a $9.4 million damages suit as it claims to have been overbilled by the parent exchange. Overbilling is ‘clearly’ […]
Continue Reading
Dutch crypto derivatives exchange Deribit launched a block trading tool in partnership with trading comm platform Paradigm. Dutch crypto derivatives exchange Deribit launched a block trading solution in partnership with American trading communication platform Paradigm. World’s first block trading tool for crypto derivatives The institutional block trading solution is reportedly the first one of its […]
Continue Reading
In a mall located in Washington DC, two alleged thieves have been reportedly filmed by security cameras as they stole a Bitcoin ATM. A Bitcoin (BTC) automatic teller machine (ATM) has allegedly been stolen in the United States with the theft caught on tape. Bitcoin ATM theft in the U.S. A Bitcoin ATM has reportedly […]
Continue Reading