“The fact that an OECD country is recognizing BTC as a ‘fungible’ asset is progress — a wake-up call to banks, institutional investors, regulators that Bitcoin is here to stay.” — Dan Schatt. The Commercial Court of Nanterre’s Feb. 26 ruling that Bitcoin (BTC) is a fungible, intangible asset sent some ripples through the French […]
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Data shows that Ethereum-related tweets have a positive impact on the next days’ trading volume but what about the price? Ether (ETH) price lost more than 40% this week, even hovering around $100 on the day which is now being considered the new Black Thursday in crypto and traditional markets. In recent hours Ether has […]
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Binance CEO announces launch of forthcoming fiat support for South Africa. Binance CEO Changpeng Zhao has announced that the company will launch a fiat gateway for South African users, allowing them to make Rand deposits. The announcement was made on day one of the Blockchain Africa conference being held in Johannesburg this week. CZ confirmed […]
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Chinese mining giant Canaan has to deal with some extra difficulties over its IPO amid bearish markets. While the current climate seems uneasy for all cryptocurrency businesses, some of them have to deal with extra difficulties. Earlier this month, investors filed a class-action lawsuit against Canaan, a Nasdaq-listed cryptocurrency mining hardware producer. The case is […]
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Check the bad crypto news of the past week. Bitcoin has been on a downward streak for the last week, down around 15 percent over the last seven days. That’s bad but it could be worse. You might have put your money in stocks. Some people, though, remain optimistic. RT’s Max Keiser predicts that the […]
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The decline in Bitcoin CME futures volume led some investors to speculate that institutional investors jumped ship, but what really happened? Over the past two years Bitcoin (BTC) futures trading on CME (Chicago Mercantile Exchange) has grown in importance for institutional investors. However, a popular misconception among traders is to attribute an unwarranted amount of […]
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BitMex appears to have emerged from the recent market meltdown stronger than ever, with the exchange’s insurance fund quickly jumping back into all-time highs. The March 13 crypto market meltdown ravaged cryptocurrency companies across the industry, sparking a MakerDAO debt crisis and causing millions to be deployed from the insurance funds of exchanges Binance and […]
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Ransomware hidden in a Coronavirus tracking app has been identified by cybersecurity threat researchers. Opportunistic hackers are increasingly seeking to dupe victims using websites or applications purporting to provide information or services pertaining to coronavirus. Cybersecurity threat researchers, DomainTools, have identified that the website coronavirusapp.site facilitates the installation of a new ransomware called “CovidLock.” The […]
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Traders are keeping their eyes on one key indicator, which remains support after Bitcoin price loses 50% in just one week. The price of Bitcoin (BTC) has seen a destructive week, as the price crashed 52% on one single day this week. One of the most massive crashes witnessed since the existence of Bitcoin. Not […]
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A hobbyist miner from 2010 recently discovered a wallet containing 1,000 Bitcoins, apparently managing to sell the coins before the March 13 crypto market massacre. A former Bitcoin miner hobbyist has stumbled on an old wallet containing 1,000 Bitcoins, in addition to many Bitcoin forks. On March 10, a thread was posted to Bitcointalk by […]
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