Upstart blockchain firm Bots Inc claims it can demand between $14 million and $18 million in monthly revenues after acquiring a patent to Bitcoin ATM technology last month. Puerto Rico-based blockchain and robotics firm Bots Inc has announced it is exploring its options with “a major law firm” to launch litigation against firms operating Bitcoin […]
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“I’ve bought quite a few cryptocurrencies that turned out to be disasters.” David Schwartz, Ripple’s Chief Technology Officer, has revealed he lost more than $300,000 investing in altcoins. According to a Nov. 2 post on Quora asking readers if they had lost any money trading Bitcoin (BTC) and other cryptocurrencies, Schwartz stated that he had […]
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Bitcoin whale clusters show that $14,914 is critical for the ongoing rally to see continuation. New data from Whalemap suggests that in order to maintain bullish momentum Bitcoin price needs to hold above the $14,914 level. Whale clusters, like the bubbles shown on the chart below, form when high-net-worth investors purchase Bitcoin and do not […]
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Bitcoin’s experimental launch contributed to its dispersion among the masses. Thousands of different cryptocurrencies have arisen in the since Bitcoin’s (BTC) 2009 genesis block. Even though newer assets come with different technology and new bells and whistles, Bitcoin still has an upper hand in a key category, according to a November report from crypto data firm […]
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One of Argentina’s youngest deputies is prepping new legislation to provide a national framework for crypto, which will reportedly hit the parliament next week. Argentine congressman Ignacio Torres plans to present a bill addressing cryptocurrencies to the Argentine Parliament. Cointelegraph en Español spoke with Efraín Barraza, Operations Manager of Athena Bitcoin in Argentina, and Alberto […]
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FOMC member Robert Kaplan believes the Fed should prioritize creating a digital dollar. President of the Dallas Federal Reserve Robert Kaplan believes the US central bank should begin work on a digital currency immediately, a clear indicator that some policymakers view this as an urgent matter. Speaking Tuesday at a virtual conference hosted by Bloomberg, […]
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On-chain and crypto exchange data show pro traders feel less confident about Bitcoin’s bullish momentum under the $15.5K level. Typically, traders become skeptical after Bitcoin (BTC) ‘completes’ a strong performance like the stellar move from $12,000 to $15,950 seen over the past few weeks. The 35% gain over the past 30 days led some traders […]
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A blockchain-based project aims to collect weather data generated in West Africa. Will the region be open to data sharing? West Africa is home to an estimated 381 million people and counting. Unfortunately, the region was also found to be a hotspot for climate change, which will likely impact crop yields and food production while causing […]
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Lebanon’s central bank governor says the country, whose lira has been in freefall, is preparing to launch a digital currency in 2021. Lebanon’s central bank plans to launch a new digital currency in 2021 as part of a broader effort to combat a parallel economic and financial crisis that has engulfed the country. Central bank […]
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Following highly volatile Bitcoin price action in the aftermath of its vaccine-induced drop, crypto traders explain where BTC is headed next. The price of Bitcoin (BTC) has seen extreme volatility in the past 24 hours. After the Dow Jones Industrial Average abruptly rose by more than 800 points, BTC plunged in tandem with gold. Within […]
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