South Korea’s internet conglomerate Kakao has invested in blockchain firm Orbs via its venture arm Kakao Investments. The Israeli blockchain startup Orbs became the receiver of an undisclosed amount of funding from the Korean company. Kakao made its intentions clear earlier this year when it said it would focus on blockchain technology by establishing a specialized unit. Details of […]Kakao Invests Undisclosed Amount in Blockchain Startup Orbs was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
In this world of financial uncertainties, one has to wonder how cryptocurrencies and digital assets will pan out in 2019 and beyond. For XRP, it would seem the downtrend is still in place right now, even though there are some interesting gains in the BTC department. For the time being, the value remains near $0.3, […]The post Alleged World Bank Rumor Might Send XRP Price Upward appeared first on NullTX.
Key Points Bitcoin cash price tumbled heavily below the $150 and $100 support levels against the US Dollar. There is a significant bearish trend line formed with resistance at $110 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair seems to be struggling below $100 and it could decline further...The post Bitcoin Cash (BCH) Dead Below $100, More Losses Possible appeared first on Live Bitcoin News.
CoinSpeakerCrypto Bull Tom Lee is Sure that Bitcoin Fair Price Makes at Least $13,800According to cryptocurrency bull Tom Lee, Bitcoin is underestimated, and its fair price should be about $10,000 above where it is trading now.Crypto Bull Tom Lee is Sure that Bitcoin Fair Price Makes at Least $13,800
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CoinSpeakerBitcoin Price Showing Signs of Weakness, Loses $100 to Slip Below $3300Bitcoin price continues to slip further making new lows. On Friday, Bitcoin corrected over 3.5% to go below $3300 levels. Bitcoin Price Showing Signs of Weakness, Loses $100 to Slip Below $3300
FOMO Moments Cryptocurrency markets in predictable pain as the week ends; Bitcoin Cash, SV, getting killed, Stellar not far behind. As if scripted by some kind of delirious director, crypto markets are dumping again this Friday. The same thing happened last Friday and the one before that and the end of week selloff is getting...The post Cryptocurrency Market Update: The Friday Dump is Getting Tedious appeared first on NewsBTC.
CoinSpeakerNowhere Left To Go: The Crypto Safe HavenDaria Generalova, Managing Partner at ICOBox, marketing, PR & communications specialist, shares her clues into how investors can safely store their wealth amid today's economic turmoil. Nowhere Left To Go: The Crypto Safe Haven
A native asset and a non-native asset have taken part in the industry’s maiden atomic swap of its kind… By Manoj Sharma for CNR The TenX Summit witnessed an industry first last week. It happened when a developer’s group from a TenX research and development lab, CoBIoX, showcased an atomic swap between a native asset, […]The post Industry’s first atomic swap between ERC-20 token and Bitcoin takes place appeared first on CryptoNewsReview.
Payments platform PayPal has so far avoided Bitcoin acceptance and, at least visibly, not considered blockchain for its platform. Now, it has launched an internal blockchain-based employee incentive program. A production of PayPal’s innovation lab, in San Jose, California, the platform took 25 strong team six-months to build and went live this November, according toThe post PayPal Gets into Blockchain, But Only Internally Among Employees for Now appeared first on CCN
Huawei begins rolling out cryptocurrency software to its smartphone users… Already this year, we’ve seen the release of the HTC Exodus 1 smartphone, that comes with a Bitcoin wallet built into it. Then we’re hearing strong rumours that Samsung is considering adding a wallet to its upcoming flagship Galaxy S10 device, when that’s released next […]The post And now another major smartphone manufacturer is getting into crypto appeared first on CryptoNewsReview.
At press time, around 85% of the world’s top-30 altcoins lay in the red zone, with premier assets such as Bitcoin Cash (BCH), Stellar (XLM), Bitcoin SV showcasing losses of around 10%, 5% and 6% respectively (over the course of the past 24 hours). However, in the midst of all this chaos, crypto coins such […]The post Crypto Price Watch: Waves (WAVES) and Maker (MKR) Continue to Showcase Strong Market Support appeared first on NullTX.
In today’s Chatter Report, Erik Voorhees criticizes cryptocurrency-focused venture capital firms for reneging on their signed term sheet deals. Also, Steve Patterson calls out Amaury Sechet over Chris Pacia’s comment that miners don’t vote. Lastly, imaginary_username contemplates on the different roles of miners and users in Bitcoin. Also read: BCH Devs Discuss Securing Instant Transactions […]The post Chatter Report: Voorhees Questions ‘Smart Money’, Sechet Explains ‘Miners Don’t Vote’ Declaration appeared first on Bitcoin News.
Nothing ever comes easy in the world of cryptocurrency and digital assets. As all markets remain subdued for yet another day, it seems there will not be any real improvements moving forward. For Bitcoin Cash, things have looked bleak all year, and the pressure hasn’t relented just yet. In fact, the value now sits below […]The post Bitcoin Cash Price Heads South of $90 Once Again appeared first on NullTX.
A few hours ago Bitcoin revisited its lowest level in 2018. After a week of down trending and failure to break key resistance levels this latest plunge comes as no surprise. Bitcoin Revisits 2018 Low With a 5% slide Bitcoin dumped from $3,450 down to $3,284 during intraday trading. This repeats the yearly low it...The post Bitcoin Back at 2018 Low, Price Halved in a Month appeared first on NewsBTC.
According to new data, initial coin offerings (ICOs) aren’t as popular as they once were in the crypto arena, and prices of respective ICO projects have fallen by approximately 95 percent or more. From Crypto Riches to Rags There was a time when the crypto space was wrought with ICOs, and their popularity was at...The post Prices of Crypto ICO Projects Fell by 95% on Average, and They Could Keep Falling appeared first on Live Bitcoin News.
The current price of Bitcoin is not a fair reflection of its value, argues research company chief… Predictions over the state of the Bitcoin market are not in short supply at the moment, not least off the back of the currency’s price collapse over the past month. The value of Bitcoin has fallen by nearly […]The post Bitcoin should be priced closed to $15,000, research group head reckons appeared first on CryptoNewsReview.
There are more verified cryptocurrency investors than ever… Just because the back end of the year has been, er, on the ‘testing’ side for the cryptocurrency industry, it doesn’t mean that it’s been a twelve months without merit. Indeed, a new study has concluded that more people than ever have been drawn to the cryptocurrency […]The post Crypto user numbers have doubled in 2018, even as prices tumbled appeared first on CryptoNewsReview.
Key Points Bitcoin price declined further and broke the $3,295 and $3,200 supports against the US Dollar. There was a break below a major contracting triangle with support at $3,355 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price traded to a new weekly low at $3,150 and it is...The post Bitcoin Price Watch: BTC Sellers Target Breakdown Below $3,000 appeared first on NewsBTC.
Published on CoinnounceToday, bitcoin experienced a massive selling volume which let to the price of bitcoin falling down to $3200 which is a yearly low for BTC. With the price of bitcoin falling, other major altcoins such as ETH and BCH also fell sharply against USD and other fiat currencies. The price of BCH has been falling […]The post Bitcoin drops to $3200. $2500 next for BTC? appeared first on Coinnounce.
Key Points The total crypto market cap failed to gain pace and declined below $100.00B. Stellar (XLM) price declined more than 6% and broke the $0.120 support. Bitcoin cash price fell sharply by around 10% and broke the $90 support. Tron (TRX) is still stuck above the $0.0130 support level. Cardano (ADA) price declined once...The post Crypto Market Update: Stellar (XLM), Bitcoin Cash, Tron (TRX), ADA Price Analysis appeared first on NewsBTC.
Are the trading volumes of the world’s leading crypto exchanges fake? New evidence says “yes.” Hey, Crypto Guys! Quit Lying! According to a report published by the Blockchain Transparency Institute, approximately 87 percent of the trading volumes of the world’s top 25 crypto exchanges are false. In fact, most exchanges have turned the process into a...The post Report: 87% of the Volumes of the Top 25 Crypto Exchanges Could Be Fake appeared first on Live Bitcoin News.
On December 14, following a fairly large sell-off from the $3,400 region, the Bitcoin price dropped to a new yearly low at $3,200. As Bitcoin (BTC) declined in value, other major cryptocurrencies including Ethereum (ETH), Stellar (XLM), and Bitcoin Cash (BCH) experienced large losses against the U.S. dollar, with BCH falling by more than 11The post Bitcoin Price Drops to New Yearly Low at $3,200: What’s Causing the Decline? appeared first on CCN
Monex Group, a major Japanese financial services company and the parent company of cryptocurrency exchange Coincheck, has unveiled its plan to launch a crypto exchange in the U.S. next quarter. The company has also shared its expansion plans for Coincheck in Japan. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations U.S. Expansion […]The post Japan’s Monex Group Launching Cryptocurrency Exchange in the US appeared first on Bitcoin News.
There have been numerous reports of a series of emails that have been sent to various businesses and establishments in the US asking for $20,000 in Bitcoin or else a bomb will be detonated in the building. Further reports indicate that the emails were sent to victims in Canada and New Zealand as well. This […]The post Bitcoin Bomb Threats Across The US Cause Evacuations appeared first on NullTX.
Allianz CEO has called on global regulators to outlaw cryptocurrency, contradicting the company’s chief financial advisor, who said Bitcoin would be a good buy under $5,000 earlier this year. ‘You Should Outlaw It’ The Chief Executive of Europe’s biggest asset manager Allianz Global Investors Andreas Utermann expressed his thoughts on the regulation of digital assets, holding that global legislators should ban it completely, New York Times reports. He reasons that crypto-assets have wiped out people’s savings thisRead MoreThe post Allianz Asks to Ban Crypto After Calling Bitcoin a ‘Buy’ Under $5K appeared first on Bitcoinist.com.
After halting trading during the hard fork, Circle Invest has decided to re-open Bitcoin Cash trading, with added support for Bitcoin Cash Satoshi’s Vision. As the Bitcoin Cash hash war comes to an end, exchanges are becoming more comfortable opening trading for both Bitcoin Cash coins.
The Gitcash project has re-launched this week after taking a brief hiatus following the Bitcoin Cash hard fork. After returning, the Github tipping application has released a new splitting application for pre-fork bitcoin cash and this past ‘Tipping Tuesday’ the Gitcash crew “made it rain” BCH on unsuspecting Github projects. Also Read: Digital Currency Platform Revolut […]The post Tipping App Gitcash Returns With Plans to ‘Make It Rain’ BCH on Github appeared first on Bitcoin News.
Two French legislators have made a number of proposals aimed at turning France into a leading force in the development of the industry built around cryptocurrencies. One of the ideas is to allow crypto mining companies to take advantage of preferential electricity prices. Also read: Ukrainian Village Distributes Dividends From Crypto Investment ‘France Must Have […]The post French Lawmakers Propose Lower Electricity Rates for Cryptocurrency Miners appeared first on Bitcoin News.
Finnish tax authorities have handed over information on 2,700 bitcoin traders to its Danish counterpart, Skattestyrelsen (SKAT).According to a press release, the traders used an undisclosed Finnish exchange to collectively purchase and sell some $15.65 million worth of bitcoin (102.7 million kronor) between 2015 and 2017. A handful of these investors traded amounts between $1,105 and $110,450 (10,000 to 1,000,000 kronor), while the overwhelming majority traded an amount equal to or less than $1,105. Very few traded amounts over $110,450.“Right now we are identifying the individual citizens … If something does not match, we will contact them and ask for more information,” SKAT tax director Karin Bergen said in a statement.“This is probably just the tip of the iceberg. Although it is a relatively small bitcoin exchange, the information is a very valuable source, which clearly shows trends and patterns in the area. The knowledge we gain about data mining, segments and methods in general will make us wiser in the area and benefit from our guidance and control work,” Bergen continued.Bitcoin is a taxable asset under Denmark’s 1903 Tax Act, which requires that taxes be paid on any goods purchased and resold for profit, and it is subject to a 53 percent capital gains tax, a hefty sum in line with other investments.The news calls to mind a 2016 order the IRS issued to Coinbase, which asked that the U.S.-based e...
Cryptocurrency bull Tom Lee says bitcoin’s dismal price of roughly $3,400 is wrong because its actual fair market value is $13,800 to $14,800. The Fundstrat founder said he made the assessment by considering the number of active wallet addresses, usage per account, and supply metrics. “Fair value is significantly higher than the current price of Bitcoin,” he wroteThe post Bitcoin’s Fair Market Price is $14,800, Says Cryptocurrency Bull Tom Lee appeared first on CCN
Tom Lee, the head of Fundstrat Global Advisors and a well-known bitcoin bull, has recently claimed the market is wrong about the flagship cryptocurrency as it’s ‘fair value’ is well above its current market price.
Bitcoin’s current value is $3,312 but according to Tom Lee, it should be between $13,800 and $14,800. The ever-so-vocal Bitcoin bull believes that the currency is grossly undervalued and believes last year’s meteoric rise could be one of the reasons. In a note to Bloomberg today, Lee further refused to delve into his Bitcoin prediction […]The post Bitcoin Should Be Worth $14,800 Judging By Market Metrics: Tom Lee appeared first on NullTX.
Revolut, the London-based fintech unicorn that offers users a digital alternative to traditional banking services, has been granted a European banking license by regulatory authorities, allowing them to offer Europe-based users a plethora of digital banking services. Revolut features an in-app exchange that allows users to gain exposure to five cryptocurrencies, including Bitcoin, Bitcoin Cash,...The post Crypto Friendly Revolut Granted European Banking License appeared first on NewsBTC.
Google’s year-in-review of search terms and questions reveals how ‘What Is Bitcoin’ was one of the top questions asked by users in the United States and United Kingdom. While Google does not provide the precise number of searches, it remains the world’s top search engine, suggesting that Bitcoin has squarely placed itself in the mainstream.
For a particular set of crypto users, the need for centralized exchanges is one of the biggest stumbling blocks on the road to a completely decentralized future. Not everyone is going to prefer to use Bitcoin, and not everyone is going to prefer to use Ethereum. Indeed, not everyone is going to prefer any cryptocurrency.The post Crypto Protocol Wanchain Integrates MakerDAO’s Dai Stablecoin appeared first on CCN
BlockFihttps://bitcoinmagazine.com/articles/blockfi-gives-hodlers-another-option-borrow-against-crypto-assets/, the New York-based startup that provides crypto collateralized loans, has raised additional funds to expand its services. The startup announced that it has received an additional $4 million in its recent funding round in a company blog post.The recently revealed funding round comes some months after the company raised $52.5 million in a round led by Galaxy Digital, including $1.55 million in funding from ConsenSys Ventures and PJC prior.Akuna Capital led today's funding round, with participation from other investors, including Digital Galaxy Ventures, Susquehanna Government Products, Morgan Creek Digital and others. The startup, who recently expanded overseas, says the funding would be used to grow its workforce and launch exciting new products, including a crypto savings account that earns interest and crypto-backed credit cards.Zac Prince, BlockFi CEO, spoke with Bitcoin Magazine, on the funding and the new product lines.He said the company plans to launch two separate credit cards. One would be similar to a prepaid card, where users will be able to spend funds that they receive from taking out a crypto-backed loan from BlockFi’s platform.“[The first] is like a debit or prepaid card where users can receive and spend loan proceeds from BlockFi. The amount they have access to will vary based o...
Earlier today, December 13, Google’s AI algorithm briefly called bitcoin, the flagship cryptocurrency, a “collapsed economic bubble” in the card that shows up when they keyword “bitcoin” is searched for.
This week saw the first reviews of the HTC Exodus 1 blockchain phone, as ‘Genesis Block’ pre-orders started to ship. However, threatening to steal HTC’s thunder came crypto-related trademark applications from Samsung, amid speculation features may arrive early next year. HTC Exodus Arrival So it’s finally here; 7 months on from its announcement in May, the first units of the HTC Exodus 1 have shipped. Throughout those 7 months, hyperbole has flowed, but actual detailRead MoreThe post The HTC Exodus 1 ‘Blockchain Phone’ is Here and It’s Underwhelming appeared first on Bitcoinist.com.
Is now the time to jump into the world of Ethereum and Bitcoin? by Manoj Sharma for CNR The author of the best-selling book Cryptoassets and a popular New York Venture Capitalist, Chris Burniske, believes that the current bear market of Bitcoin and Ethereum could be the best time to invest in the ecosystem. According […]The post New York venture capitalist suggests Bitcoin and Ethereum are ‘fundamentally oversold’ appeared first on CryptoNewsReview.
Dozens of U.S. businesses, public buildings, and more have been evacuated in response to a string of bomb threats currently sweeping the nation. The person or persons making the threats, are demanding a sum of Bitcoin be sent to a wallet address, or are threatening to detonate a bomb, potentially harming many in the process....The post Bitcoin Extortionists Turn From Blackmail to Bomb Threats appeared first on NewsBTC.
The bitcoin price failed to extend its bounce once again, weighed down by weak bulls. The BTC/USD rate on Thursday dropped as low as 5.38 percent from its intraday high at 3488-fiat. The pair at press time is forming lower lows towards 3300-fiat on a strong volume jump on Coinbase. It expects to extend itsThe post Bitcoin Price Reverses as [Another] Breakout Attempt Fizzles Out appeared first on CCN
Bitcoin scammers have sent a number of email bomb threats to schools, businesses, and other locations across the United States. So far, there is no evidence any bombs were actually placed, but the messages have caused police departments across the country to work on the threats and ask the public to remain vigilant.
In our yesterday BTC price analysis, we talked about a strong move which was anticipated. Bitcoin was encountering resistance at the mid-term descending trend-line (as can be seen on the hourly chart). The bullish breakout had turned out to be fake, not been followed by a decent amount of trading volume. The false breakout had […]The post Bitcoin Price Analysis Dec.13: Bitcoin Is Facing It’s Lowest Price Since September 2017 appeared first on CryptoPotato.
There are always people looking at the current price trend of Bitcoin and other cryptocurrencies. As all markets continue to lose value, it would seem there is no real reason to buy Bitcoin right now. At the same time, opportunities like these do not come around all that often. With the right information in hand, […]The post Is Right Now a Good Time to Buy Bitcoin? appeared first on NullTX.