Bitcoin’s dominance continues to drop as altcoins outperform the largest cryptocurrency. Although Bitcoin has rallied about 33% year-to-date, its dominance has dipped to 64.40%, its lowest level since July 2019. This shows that altcoins have continued to outperform Bitcoin. However, with the Bitcoin halving fast approaching, the digital asset’s volatility is likely to pick up. […]
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Bitcoin price reverses course to break through key resistance levels as traders now set a path for $10K. Today Bitcoin (BTC) price pushed through the resistance at $9,400-$9,500, opening the gate for bulls to stampede to a new 2020 high at $9,745. Bitcoin daily price chart. Source: Coin360 On Feb. 4, BTC price traded slightly […]
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Tech giant IBM cemented its patent leadership in the U.S., with over 9,000 received patents, including in AI and blockchain, in 2019. Tech giant IBM cemented its patent leadership in the United States, with over 9,000 received patents, including in artificial intelligence (AI) and blockchain, in 2019. With the 9,626 patents secured, IBM became the […]
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Multi-month highs loom for Bitcoin investors as multiple indicators converge to suggest bullish action will continue. Bitcoin (BTC) was challenging $9,500 on Feb. 5 as traders continued to be buoyed by bullish short-term charts. RSI exits key flashpoint Data from Coin360 and Cointelegraph Markets showed BTC/USD making fresh advances during Wednesday trading, gaining 3.7% on […]
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North Korean hacking group Lazarus reportedly created an elaborate ruse to phish DragonEx exchange employees into installing a malware-infested trading bot. The North Korean hacking team Lazarus Group targeted several crypto exchanges last year, Chainalysis reports. One of the attacks involved the creation of a fake, but realistic trading bot website that was offered to […]
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Crypto exchange Binance has enabled instant purchases of four major digital currencies with the Russian ruble. Binance, the second-largest crypto exchange by daily trading volume, has enabled instant purchases of four major digital currencies with the Russian ruble. The development allows Binance users to link their Visa banking card and purchase Bitcoin (BTC), Ether (ETH), […]
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Cryptocurrency companies adopt features similar to legacy finance, offering better benefits to users. But will this help in the end? Cryptocurrency exchange Deribit recently published an analysis explaining that cryptocurrency companies are racing to adopt financial services known from legacy finance. The post points out that all crypto companies, exchanges included, will soon offer users […]
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Block.one announces an EOSIO blockchain competition, paying out $200,000 to the first person to solve a puzzle. Block.one announced a smart contract blockchain puzzle, touting a $200,000 prize for whoever figures it out. “In this challenge, participants must create an EOSIO Smart Contract which can store and invoke EVM (Solidity) Smart Contracts in a virtual […]
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All eyes are on Tesla stock price today as Bitcoin pulled back under $9,200 and appears to be entering a brief period of consolidation. Bitcoin’s price (BTC) action has been relatively uneventful, especially when compared against the explosive price action of last week when the digital asset stomped through the $9K barrier and rallied all […]
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ConsenSys, a major blockchain firm founded by Ethereum co-founder Joseph Lubin, has acquired SEC-registered broker-dealer Heritage Financial Systems. ConsenSys, a major blockchain firm founded by Ethereum co-founder Joseph Lubin, has acquired an American broker-dealer, Heritage Financial Systems. Heritage, a broker-dealer registered with the United States Securities and Exchange Commission (SEC), has been acquired by ConsenSys’s […]
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