Bitcoin Criminals Set to Spend $1 Billion on Dark Web This Year
Bitcoin’s use in illegal online marketplaces peddling everything from drugs to child porn is on pace to set a record this year at more than $1 billion, according to a report by Chainalysis.While the proportion of Bitcoin transactions dedicated to illegal purchases is declining, about $515 million of the digital coin has already been spent […]
BitMEX Trades Record $16 Billion in One Day
On Wednesday, BitMEX, which is the world’s single biggest bitcoin derivatives provider, reported more than $1 billion of open interest on the market. Trading topped $13 billion, with the number topping $16 billion across the platform’s product range. Volume had swiftly risen above $10 billion in previous hours, leading CEO Arthur Hayes to declare any […]
France Creates G7 Cryptocurrency Task Force as Facebook’s Libra Unsettles Governments
France is creating a G7 task force to study how central banks ensure cryptocurrencies like Facebook’s Libra are governed by regulations ranging from money-laundering laws to consumer-protection rules, France’s central bank governor said on Friday. Governor Francois Villeroy de Galhau said the task force would be led by Benoit Coeure, a European Central Bank board […]
CEO Twitter Jack Dorsey Answers Questions About Square’s Plans for Bitcoin
Square is a company best known for its disruptive card payment technology. Founded in 2009 by Twitter CEO Jack Dorsey, the company sells affordable mobile-based point-of-sale systems. But beyond the world of traditional fiat currencies, the firm is making cautious steps into the fast-paced world of cryptocurrency. Back in March, Dorsey tweeted that Square was […]
2019 China Mining Industry Summit – Recap and Summary
BitDeer.com’s premier industry event wrapped up successfully in Beijing. 2019 China Mining Industry Summit brought together the biggest names of the Chinese mining ecosystem. Prominent Chinese blockchain and tech media attended the event and reported on the significant industry announcements. With the leaders of the Chinese blockchain mining group in one conference, they began to […]
More global banks commit to Finastra’s Fusion LenderComm
Finastra has signed three global banks on its Fusion LenderComm platform as part of a coordinated campaign, including BNP Paribas, Natixis and Societe Generale. With NatWest, which joined recently, the ramp up signals a move towards a new era of efficiency in this complex space. Grant Jones, VP, Fusion LenderComm, Finastra said, “All of these […]
Nasdaq Crypto Index Platform Launch a Giant Step For Adoption
The long awaited Nasdaq Bitcoin and Ethereum indexes lifted off the launch pad this week signaling another giant step towards mainstream acceptance and adoption. Bitcoin and Ethereum Indexes Added The stock exchange is expanded its global data service on Monday to include Bitcoin and Ethereum. In an official announcement earlier this month it stated that […]
Could the Longest-Ever Bitcoin Bear Market be Nearing its End?
The past 14 months have been arduous for Bitcoin and the cryptocurrency markets in general, and investors that have held through the market crash are increasingly wondering as to when, and if, their crypto investments will ever be able to surge back towards their previously established all-time-highs. Although uncertainty has swept across the markets, there […]
Here’s What Warren Buffet Misses About Bitcoin…
Billionaire investor and Berkshire Hathaway CEO, Warren Buffet, has once again offered his thoughts on Bitcoin (BTC). Appearing on CNBC earlier today, he stated that his position on the digital currency had not changed. However, the more Buffet offers in way of critique of Bitcoin, the more it appears that he cannot differentiate the fintech innovation […]
Bitcoin Establishes Fresh Support and Resistance Levels Following Weekend Volatility
Bitcoin has started Monday off trading up slightly after experiencing increased levels of volatility over this past weekend. BTC has so far respected $3,800 as a level of support, but also faces strong resistance around $4,200, which is the price point at which the cryptocurrency’s price dropped after touching. Although this recent volatility was unexpected, […]
Blockchain Projects Change How We Do Business
Technology advancements usually come with new ways of doing things and with the emergence of blockchain technology tech savvy pioneers are harnessing its power and developing new projects that are capable of sorting out various issues plaguing a diverse range of industries without any hassle. While there are many noteworthy projects in the field, in […]
XRP Likely Preparing For The Next Ride
During the past few hours, there were mainly range moves above the $0.3160 pivot in ripple price against the US Dollar. The XRP/USD pair traded a few points above the $0.3280 and $0.3300 resistance levels. However, there was no major upward move and the price topped near the $0.3340 level. Later, there was a downward […]
How to Create Your First Affiliate Campaign and Join the Best Program
Affiliate marketing is the best way for young, hardworking people to build sustainable passive income streams. It’s the best combination of a freelancer and entrepreneur lifestyles. Affiliate marketer’s lifestyle makes for a highly effective low-risk high-reward early retirement strategy. In this article, I will show you how to start executing it. If you’d like to […]
GG World Lottery and the Excitement Surrounding It
Part of the hype around the GGCOIN is caused by the fact that the project managed to raise upwards of $5.5 million days after it started its STO. Unlike other projects, however, GG World Lottery has already managed to create its product. This means that the raised funds will be used to conveniently lay down […]
Estate of Columbian Cartel Kingpin Claims Tether Crypto Is Untrustworthy
The estate of the late Columbian drug lord Pablo Escobar, which is said to be responsible for countless murders and at one point, as much as 80% of the cocaine entering the United States, has called the trustworthiness of stablecoin crypto Tether into question. Escobar Inc. plans to launch an initial coin offering (ICO) for […]
BTC Cap Up $700 million From $3,700 Support
Aside from supervising and regulating financial institutions in the US, the Fed’s core responsibility is to bring about stability in the financial sector. It is because of this stability that economies can flourish, and as they enforce the rule of law, the Fed has their thoughts on cryptocurrencies and Bitcoin to be specific. While the […]
BTC At Risk of Sharp Decline, Could Retest $3,400
Recently, there was a decent support formed near $3,550 in bitcoin price against the US Dollar. The BTC/USD pair started a short term recovery and moved above the $3,600 and $3,620 resistance levels. There was also a break above the 50% Fib retracement level of the last side from the $3,716 high to $3,549 low. […]
BTC Approaching Next Significant Break
After trading above the $3,700 level, bitcoin price faced renewed selling pressure against the US Dollar. More importantly, Ethereum’s bearish reaction sparked a downward move below $3,650 in the BTC/USD pair. It declined below the $3,620 support and the 100 hourly simple moving average. Besides, there was a break below the 23.6% Fib retracement level […]
Crypto Market Update: Stellar (XLM), Bitcoin Cash, Tron (TRX), ADA Price Analysis
After a decent upward move, there was a bearish reaction from the $135 resistance in bitcoin cash against the US Dollar. BCH/USD declined below $130 and it is currently consolidating losses. An initial support is at $125, below which it could revisit the $120 support. On the upside, a close above the $132 and $135 […]
Bitcoin Price Analysis: BTC Resilient, Cryptopia Bares Crypto UnderBelly?
After five years of successfully protecting user funds, hackers got the best of Cryptopia. Although figures are yet to be confirmed, hackers were said to have moved $2.5 million worth of ETHs just hours before the exchange switched off, locking user funds. Even still, we cannot take anything from Cryptopia. As one of the many […]
