Category: crypto

John McAfee Announces Privacy Coin – Airdrop Today

John McAfee Announces Privacy Coin – Airdrop Today2020 has been a turbulent year for the cryptocurrency market, but it has established the resilience of blockchain technology. Despite a single-day market plunge that battered the entire market valuation with a 50% drop, the following rapid uptick in Bitcoin price has led it to outperform the S&P500 index by a large margin. To Receive […]

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Bitcoin Network Sees a Massive Mining Pool Shift Following the Halving

Following the third bitcoin halving on May 11, 2020, there’s been a big shift in mining pool distribution, as far as hashrate is concerned. At the time of publication, there’s around 100-115 exahash per second (EH/s) in search of bitcoin blocks and spectators have seen two relatively unknown mining pools join the top mining pool […]

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90 Million More People Can Now Spend Crypto With TenX

90 Million More People Can Now Spend Crypto With TenXTenX’s popular Visa debit card—which lets you spend cryptocurrency without having to manually top up—has launched in Germany and Austria. It supports Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC), all of which can be spent anywhere that accepts Visa thanks to the card’s unique auto-convert ability. In an ideal world, we’d be able to spend […]

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12 Months of Onchain Data Shows Bitcoin Whales Obtained Hundreds of BTC from Small Fish

12 Months of Onchain Data Shows Bitcoin Whales Obtained Hundreds of BTC from Small FishAccording to recent data, crypto participants known as ‘bitcoin whales’ have been steadily accumulating bitcoins, and not selling since the ‘Black Thursday’ market carnage on March 12, 2020. Onchain data and blockchain analysis firms indicate that the number of bitcoin whales with 1,000 to 10,000 BTC or more on a single address has increased significantly. […]

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CoinTracking Launches Two Powerful, Free Plug-ins for Crypto Traders 

CoinTracking Launches Two Powerful, Free Plug-ins for Crypto Traders Though the top cryptocurrency exchanges offer charts, many don’t offer the analytical features crypto traders need to make good trading decisions. To help fill this need, CoinTracking has partnered with two companies that specialize in cryptocurrency analytics: IntoTheBlock and Cryptosheets. These new integrations provide a whole new use case for the world’s most popular crypto […]

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Market Outlook: Crypto Market Prices Rally Ahead of Bitcoin Halving, BTC Up $1K in 24 Hours

Cryptocurrency markets are bullish on April 29, as BTC prices have spiked over 11.8% in the last 24 hours touching a high of $8,740 per coin during Wednesday’s trading sessions. Bitcoin has gained 130% in value since the market rout on March 12 otherwise known as ‘Black Thursday.’ Many believe the cause behind the higher […]

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Chinese Court Declares Ethereum Legal Property With Economic Value

Chinese Court Declares Ethereum Legal Property With Economic ValueA district court in China has reportedly ruled that Ethereum’s cryptocurrency is legal property with economic value. This ruling follows a couple of other verdicts on the legality of cryptocurrency, including bitcoin, by various Chinese courts. While cryptocurrency is not legal tender in China, people can hold and transfer them like property. Court Ruling: ETH […]

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Purse.io Returns: Company Reveals Crypto Marketplace ‘Is Here to Stay’

On April 17, new.Bitcoin.com reported on the crypto marketplace Purse.io announcing the company would dissolve. Six days later, Purse revealed that the team is reconsidering the decision and explained that well known bitcoin advocates reached out with interest in acquisition. More than a week ago, the popular cryptocurrency marketplace Purse.io abruptly announced its decision to […]

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$2K per Month for Every American: Andrew Yang Begs Congress to Pass Basic Income

While most of the U.S. remains on lockdown, a few states across the nation are starting to open up businesses and lift restrictions. Meanwhile, politicians on the left have been trying to push a universal basic income (UBI) package through Congress, in order to give Americans in need a monthly check. This week, former U.S. […]

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CFTC Approves New Cryptocurrency Derivatives Platform — Bitnomial to Offer Regulated Bitcoin Futures

CFTC Approves New Cryptocurrency Derivatives Platform — Bitnomial to Offer Regulated Bitcoin FuturesThe U.S. Commodity Futures Trading Commission (CFTC) has approved a new bitcoin derivatives trading platform. Bitnomial Exchange will list margined and physically delivered bitcoin futures and options. Besides Bitnomial, the CFTC has only approved a handful of other platforms to offer bitcoin derivatives trading, such as CME, Cboe, and Bakkt. CFTC Approves New Bitcoin Derivatives […]

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South Africa Proposes 30 Rules to Regulate Cryptocurrency

South African Regulators Propose 30 Rules to Regulate Cryptocurrency in Line With FATF StandardsSouth Africa’s top financial regulators, including the South African Reserve Bank, have jointly released a policy paper with 30 recommendations for the regulation of cryptocurrency and related service providers. They aim to be in compliance with the cryptocurrency standards set by the Financial Action Task Force (FATF). Top Regulators Publish Crypto Regulatory Policy A number […]

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Corona Money Printing Worries – Housing Prices Slide Downwards First Time in 10 Years in Northern Europe

Corona Money Printing Worries – Housing Prices Slide Downwards First Time in 10 Years in Northern EuropeReal estate price reports from March in northern countries like Denmark and Sweden now show negative developments for the first time in over 10 years. If furloughed workers continue into unemployment, the effects on the housing markets will be even more significant, says Claudia Wörmann at SBAB Bank. Spring Real Estate Price Increase, Trend Broken […]

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Crypto Marketplace Purse.io to Dissolve Operations After 6 Years

Crypto Marketplace Purse.io to Dissolve Operations After 6 YearsOn April 16, the crypto firm Purse.io announced the company is planning to dissolve after six years of operation. The marketplace provided incentives for people who wanted the lowest price points by leveraging cryptocurrency solutions. New signups on Purse have been disabled and the company’s doors will officially close in June. Also read: $2,000 a […]

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Facebook Libra Redesigned: New System and Cryptocurrency to Comply With Regulations

Facebook Libra Redesigned: New System and Cryptocurrency to Comply With RegulationsFacebook’s Libra cryptocurrency project has undergone major changes. A number of key areas have been redesigned, including the payment system, the Libra cryptocurrency, and the addition of new single-currency stablecoins. The changes largely aim to comply with regulatory requirements. Also read: Bitcoin Revolution: Wanna Earn $1,000 a Day? Government Warns About This Scam Libra Project […]

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Investments in Grayscale Bitcoin Trust Hit Record High Amid Economic Crisis

Investments in Grayscale Bitcoin Trust Hit Record High Amid Economic CrisisGrayscale Investments has announced the strongest quarter in its history. Investments into the company’s cryptocurrency products, including the flagship Grayscale Bitcoin Trust (GBTC), hit a record high in the first quarter. Of the total investment, 88% comes from institutional investors. The company now has $2.2 billion in assets under management. Also read: Bitcoin Revolution: Wanna […]

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Bitcoin.com Exchange Now Supports Reserve’s Stablecoin RSV and the Utility Token RSR

Bitcoin.com Exchange Now Supports Reserve Stablecoin RSV and the Utility Token RSRBitcoin.com’s Exchange continues to grow and during the last few months, the platform has added support for a number of well known tokens. This week, the trading platform has added support for the Reserve stablecoin (RSV) and the project’s utility token (RSR). Bitcoin.com Exchange users will be able to trade RSV and RSR with trading […]

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Google Pulls 49 Cryptocurrency Wallet Browser Extensions Found Stealing Private Keys

Google Pulls 49 Cryptocurrency Wallet Browser Extensions Found Stealing Private KeysGoogle has removed 49 cryptocurrency wallet browser extensions after a security researcher discovered they were stealing private keys. These Chrome extensions targeted users of crypto wallets, such as Ledger, Trezor, Jaxx, Electrum, Myetherwallet, Metamask, Exodus, and Keepkey. Also read: Bitcoin Revolution: Wanna Earn $1,000 a Day? Government Warns About This Scam 49 Malicious Chrome Browser […]

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Market Outlook: Bitcoin’s Inverse Head and Shoulders, Covid-19 Fears Decline, CME Futures Gaps

Market Outlook: Bitcoin's Inverse Head and Shoulders, Covid-19 Fears Decline, CME Futures GapsDigital currency markets have had a few lackluster days, as the entire crypto market valuation has dropped below the $200 billion mark on Monday. The following day on April 14, a number of cryptocurrencies have seen some slight gains between 2-9%. Meanwhile, global markets are reacting positively as many are starting to feel like the […]

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ECB Expects Worse Recession in Europe Than Global Economy

ECB Expects Worse Recession in Europe Than Global EconomyThe European Central Bank (ECB) expects the European economy to suffer a more severe recession than the global economy. Countries across the euro area will experience “a deep recession,” which entails unprecedented funding needs of more than €1 trillion ($1.1 trillion), explained ECB Vice President Luis de Guindos. Also read: IMF Declares Global Recession, 80 […]

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80 Banks Charge Negative Interest Rates as Crisis Deepens in Germany

80 Banks Charge Negative Interest Rates as Crisis Deepens in GermanyAmid the coronavirus pandemic and deepening financial crisis, the number of banks charging customers negative interest rates in Germany has accelerated. At least 80 banks now reportedly charge negative interest rates, 16 of which apply this policy to even small deposits. Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed […]

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Spain’s Lawmakers Plan to Provide Basic Income to Low-Income Residents

Spain's Lawmakers Plan to Provide Basic Income to Low-Income ResidentsSpain is preparing to provide universal basic income (UBI) to low-income individuals due to the wrath of the coronavirus, the country’s minister for economic affairs Nadia Calviño recently explained. There’s no set date yet for the UBI program, but Spain’s officials said they plan to “do it as soon as possible, so it can be […]

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The Bitcoin Fund Completes IPO, Now Trading on Canada’s Leading Stock Exchange

The Bitcoin Fund Completes IPO, Now Trading on Canada's Leading Stock ExchangeThe Bitcoin Fund, managed by 3iq, has completed an initial public offering and has begun trading on the Toronto Stock Exchange (TSX). It has been a long road for 3iq and The Bitcoin Fund since their filing was first rejected. After a hearing, a commissioner with the Ontario Securities Commission ruled in their favor. Also […]

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