Chainlink and Tezos target new-all time highs as Bitcoin price recovers to rally above $10,000. Lately, the best-performing assets have been Chainlink (LINK) and Tezos (XTZ), which is noteworthy considering this is lengthy bullish price action from large-cap cryptos other than Bitcoin (BTC) and Ether (ETH). Chainlink is up 165% since the start of this […]
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The new Coronavirus outbreak has pushed Chinese officials to track individual citizens by their medicine purchases, which presents major ramifications for crypto. The government of Hubei, the Chinese province at the epicenter of the COVID-19 (Coronavirus) outbreak, issued a report on Feb. 18 detailing measures taken against the disease. The officials revealed that they tracked […]
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Blocknox will expand its cryptocurrency custody service to institutional clients, including banks and fintech firms. Blocknox, a subsidiary of Boerse Stuttgart Digital Ventures GmbH that has provided cryptocurrency custody service on an escrow basis, is looking to expand the service to its institutional clients. Boerse Stuttgart revealed the plans in a Feb. 18 tweet, detailing […]
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Decentralized finance proponents take a hard hit after lending protocol bZx sees two successful hacks just days apart. Decentralized finance (DeFi) proponents are taking a hard hit after decentralized lending protocol bZx saw two successful hacks just days apart with losses totalling around $954,000. According to bZx’s report, the protocol was compromised for the first […]
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Still not satisfied despite regaining access to his once lost coins, Peter Schiff now claims that Bitcoin will fail to usurp fiat currency. Bitcoin (BTC) skeptic Peter Schiff has admitted that holding the cryptocurrency is profitable — but claims it will “never” compete with fiat currency. In a tweet on Feb. 18, Schiff, well known […]
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The crossing over of the 50-day and 200-day moving averages this week is a major boon for Bitcoin traders, says Cointelegraph Markets’ Keith Wareing. Bitcoin (BTC) can hit $26,000 in just two months thanks to a bullish event that previously triggered 170% price gains. As noted by Cointelegraph Markets analyst, Keith Wareing, on Feb. 18, […]
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The London-based crypto custody provider plans to develop its presence in North America and Asia. Cryptocurrencies have always faced challenges when it comes to reducing risk and making themselves regulatory compliant for traditional investors. Providing custody for Bitcoin and others is becoming increasingly more complex due to the nature of crypto: whoever has control of […]
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FCoin comes up short, failing to pay out up to 7,000 to 13,000 BTC (around $67 million to $125 million) to users. Zhang Jian, founder of Chinese crypto exchange Fcoin, revealed in a post earlier today that FCoin may not be able to pay the 7,000-13,000 BTC (that’s $67 million to $125 million) that it […]
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Bitcoin price dropped in a weekend correction creating a wide CME trading gap but the market structure remains bullish as long as the $9.4K levels hold. Bitcoin (BTC) price was unable to hold the psychological barrier of $10,000 and couldn’t break through the resistance of $10,400. This rejection caused a corrective move to $9,450, leaving […]
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Volatility which began with a rejection of $10,500 late last week continues, with Bitcoin falling below $9,500 for the first time since Feb. 5. Bitcoin (BTC) fell below $9,500 for the first time in almost two weeks on Feb. 17 as downward pressure continued to pressure markets. Crypto market weekly price chart. Source: Coin360 BTC […]
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