The momentum from a week of gains continues, taking BTC/USD to its highest since November as altcoins gain as much as 45%. Bitcoin (BTC) surprised traders and analysts alike on Jan. 14 after BTC/USD broke out of its already bullish channel to strike at resistance levels near $8,600. Cryptocurrency market daily overview. Source: Coin360 BTC […]
Continue Reading
Singaporean entrepreneur and ICO advisor Mark Cheng is reported to have been kidnapped in Thailand by close associates who wanted his Bitcoin holdings. Singaporean Mark Cheng was recently kidnapped in Thailand and tortured for a $740,000 ransom in Bitcoin (BTC), the South China Morning Post and others report on Jan. 14. After transferring all his […]
Continue Reading
Japanese financial regulators have officially proposed cutting the leverage cap for cryptocurrency margin trading. The Japanese Financial Services Agency (FSA) — the country’s financial regulator — proposed lowering the leverage rate limit of cryptocurrency margin trading from 4x to 2x. The FSA announced the proposed measure on Jan. 14 in a cabinet office ordinance — […]
Continue Reading
Blockchain will be the most in-demand hard skill in 2020, according to a new study by the educational subsidiary of professional social network LinkedIn. Blockchain will be the most in-demand hard skill in 2020, according to a new study by the educational subsidiary of professional social network LinkedIn. A newcomer to LinkedIn’s annual list of […]
Continue Reading
Payments behemoth Visa has acquired financial technology firm Plaid for $5.3 billion to better connect with fintech applications. Payments behemoth Visa acquired financial technology firm Plaid for $5.3 billion, according to a press release published on Jan. 13. Per the release, Plaid has developed a network that allows users to easily connect their financial accounts […]
Continue Reading
The Supreme Court of India has chosen to delay its full hearing of a high-profile case against the Reserve Bank of India’s ban on banks’ dealings with crypto-related businesses. The Supreme Court of India has chosen to delay its full hearing of a high-profile case against the Reserve Bank of India’s (RBI) ban on banks’ […]
Continue Reading
Bitcoin price broke through the $8.3K and $8.5K resistance on a high volume spike, pushing as high as $8,590 and providing traders with an opportunity to test the $8.6K to $9.2K range. Bitcoin (BTC) price has at last crossed above the $8,300 resistance, setting the digital asset up for a run at $8,500 and restoring […]
Continue Reading
Crypto-friendly hotel booking service Travala now accepts payment in controversial stablecoin USDT. Crypto-friendly hotel booking giant Travala now accepts payment from a controversial cryptocurrency leader. On Jan. 10, Travala announced that Tether (USDT) is now a valid form of payment at its two million linked properties. Travala CEO Matt Luczynski said: “Part of our mission […]
Continue Reading
Prices moved up and back down, yet the talent kept coming to work: Let’s take a look at a list of individuals who abandoned legacy industries and ventured into blockchain in 2019. Prominent figures from a range of long-established companies found greener pastures in the blockchain realm in 2019. From BlackRock to Goldman Sachs, and […]
Continue Reading
Bulls look to regroup from a position of strength and aim to take Bitcoin price to new highs in 2020 by turning the $8,000 level into support. Bitcoin price (BTC) closed the week at $8,180 representing an 11% gain for the week after struggling to break the resistance at $7,600 for most of November and […]
Continue Reading