Fintech companies in the Federal Republic are quickly moving to develop and offer custodial solutions for digital assets under the new German legislation that will allow banks to store, transfer and trade cryptocurrencies next year. Berlin-based Solarisbank has established a subsidiary that will focus exclusively on the niche. The new entity and another German startup, […]The post German Fintechs Rush to Offer Crypto Custody Services Under New Law appeared first on Bitcoin News.
Abkhazia government plans on intensifying the identification of crypto mining farms to prevent illegal activities. Abkhazia intensifies security against illegal crypto mining farms Abkhazia is a de facto sovereign state located in Northwest Georgia. Recently, the region has been facing difficulties regarding their electricity supplies and consumptions. The Prime Minister of Abkhazia Valeri Bganba conducted a meeting to discuss the state of Abkhazia’s electricity channel. Many ministries sent their representatives to attend the meeting including the Ministry of Economy, State Security Service and Chernomorenergo RUE. At the meeting, it was revealed that the dishevel to the state’s electricity grid was
Crypto forensics firm Chainalysis, which recently laid off 20% of its employees, says its doubled its customer count since April.The post Chainalysis boosts client list, completes Bitfinex compliance rollout appeared first on Decrypt.
Litecoin, the silver to Bitcoin’s digital gold, is often a leading indicator for the rest of the cryptocurrency market. However, if Bitcoin and the rest of the crypto market continues to follow Litecoin’s lead, the entire market could be headed toward a double-bottom or lower, and it could even suggest that Bitcoin’s halving will nothing...The post Litecoin Lights Path To Crypto Market Bottom, Halving Nothing but Hype appeared first on NewsBTC.
Chainlink has seen a massive price rise in recent times, surging to fresh all-time highs in July of 2019 concurrently with Bitcoin’s rise to its 2019 highs of $13,800. Although both cryptocurrencies have both retraced from these highs, LINK is still trading up significantly from its year-to-date lows. Analysts are now noting that Chainlink may...The post The Chainlink Bull Run May Not Be Over Yet, Despite Recent Price Decline appeared first on NewsBTC.
Chinese Bitcoin miners now control a record proportion of the network’s hashrate, according to new research. An estimated 65% of BTC mining now happens in China. CoinShares, a digital asset investment fund, noted this high since the firm started monitoring the network in late 2017. Research jointly published in October 2018 out of Princeton and […]The post Bitcoin Mining Centralization Reaches Record Levels, Majority in China appeared first on Crypto Briefing.
The European Central Bank (ECB) is looking to accelerate its efforts in digital currency and get “ahead of the curve” on stablecoins, ECB President Christine Lagarde said during her debut press conference on Thursday.The post European Central Bank hopes to get “ahead of the curve” on stablecoins appeared first on The Block.
Over the past few months, MakerDAO has received significant attention from much of the crypto-community, both positive and downright critical. After developer Micah Zoltu recently revealed its massThe post MakerDAO may be partly centralized to better solve obscure issues appeared first on AMBCrypto.
Quick TakeRecently, two of China’s largest cryptocurrency exchanges, Huobi and OKCoin, both hosted conferences in the province of Hainan Facing regulatory pressure, the two exchanges may be trying to establish their legitimacy in China by associating themselves with government initiatives Meanwhile, the Hainan government is pushing for blockchain innovation in a bid that the new technology can boost the region’s economies – this plan may make the province a suitable location for crypto businesses to take shelter from the regulatory crackdown
Data analysts and crypto influencers are split on how Bitcoin’s upcoming halving, which will slow the creation of new supply and cut the reward miners earn for creating new blocks in half, will affect Bitcoin’s price. 2020 BTC halving will be priced in a year later when the price hits $250k. 😐 #bitcoin — A […]The post If Bitcoin Is Going to $100,000 – Where Are the New Buyers? Crypto Analyst Tackles BTC’s Big Conundrum appeared first on The Daily Hodl.
Dash price declined by 0.22 percent over the last twenty-four hours. In comparison to the day prior, the cryptocurrency succumbed to the bears over the twenty-four hours that it progressed. Dash Price Analysis – 11th December (DASH/USD) Dash Price Chart by Trading View After dawning with a value placed just above the $50.00 mark, the cryptocurrency’s price line stretched over the price chart with disarranged highs and lows. At 03:00 GMT, the Dash price bounced towards $50.60 following a bullish movement, just before it traced back towards and beyond the $50.00 mark until it reached $49.72 Technical Indicators Dash Price
Built on Cosmos and bridged to Ethereum, FirstBlood's Dawn will let players earn, wager, and stake the new DAWN token while playing games like PUBG and Dota 2.The post This new blockchain built on Cosmos is tailor-made for gamers appeared first on Decrypt.
A billionaire internet philanthropist claims to have just bought 12 Bitcoin. Bill Pulte, the grandson of successful property developer William John Pulte, is known for extravagant online giveaways in which he bestows chunks of money on random Twitter followers. Pulte recently came out as a big fan of the peer-to-peer digital monetary system. He celebrated...The post Stacking Sats or Xmas Charity? Billionaire Philanthropist Loads Up on Bitcoin appeared first on NewsBTC.
It’s clear why China has suddenly become so “kind” and open-minded towards bitcoin mining… It now controls approximately two-thirds of the world’s bitcoin and crypto mining power. China: The Crypto Mining King According to a new report, bitcoin miners in China control approximately 66 percent of the global hash rate, which is the measure of...The post China Controls Much of the World’s BTC Mining Power appeared first on Live Bitcoin News.
DeFi, short for decentralized finance, has started to get the attention of some of the biggest companies in crypto. At the Coinbase Winter 2019 hackathon, the company’s product manager Jacob Horne described DeFi as an opportunity that could change how individuals interact with markets. In a tweet, Coinbase said that the hackathon itself focused on […]The post Coinbase Product Manager: DeFi to change market interactions; how will Ethereum benefit? appeared first on CryptoSlate.
Dutch bank ING is developing technology to custody digital assets for their customers, according to a report. Citing people familiar with the matter, Reuters states that the crypto custody project is in its infancy and is part of a larger effort to develop blockchain initiatives and give customers a compliant way to gain exposure to the […]The post Banking Giant ING Exploring Crypto Custody: Report appeared first on The Daily Hodl.
Digital gold, for now, is a long shot. Since its conception, Bitcoin has longed to overtake the premier store-of-value of the modern financial gold, its traditional and tangible equivalent, gold. WThe post Bitcoin a far cry from the valuation of 'digital gold' appeared first on AMBCrypto.
As the end of 2019 approaches, Coinshares Research has published its bi-annual mining report that contains informative research and observations about the bitcoin mining industry. Since Coinshare’s last report published in June, BTC’s hashrate grew by 50 exahash per second (EH/s) and the firm believes a decent portion of the power stems from China. Also […]The post Mining Report Shows 65% of Bitcoin’s Hashpower Stems From China appeared first on Bitcoin News.
Millionaire philanthropist Bill Pulte says he’s expanding his crypto portfolio. In a new tweet, Pulte says he recently bought 11 Bitcoin worth nearly $80,000 at current market prices. I recently bought 11 bitcoins — Bill Pulte (@pulte) December 12, 2019 The chief executive officer of Pulte Capital and grandson of late real estate titan William […]The post Millionaire Philanthropist Stacks Sats, Says He Just Bought $80,000 Worth of Bitcoin appeared first on The Daily Hodl.
We burned, drowned, smashed and shot Guns n’ Bitcoin’s Scorpion Case so you don’t have to.The post Review: Scorpion Case Is a Hardware Wallet Carrier That Over-Delivers on Protection appeared first on Bitcoin Magazine.
Chinese bitcoin mining manufacturer Bitmain has selected two cryptocurrency mining consulting firms—Fastblock and Bit5ive—as the official distributors of its mining machines, Antminers, in South America.The post Chinese mining giant Bitmain is working with two consulting firms to up its sales in South America appeared first on The Block.
Bitcoin and cryptocurrency are growing increasingly attractive to both millennials and gen Z, according to a new report. Young People Love Bitcoin and Crypto The data stems from news that Grayscale Investment Bitcoin Trust – a firm that focuses on both bitcoin and altcoin investments – is up there with companies like Apple and Amazon...The post Report: Millennials Are Investing More Money in Bitcoin appeared first on Live Bitcoin News.
The Weibo account of the founder of the smart contract platform Tron has reportedly disappeared suddenly. The news follows crypto-related accounts at the platform being shut down last month. The development seems to support the narrative that China is in favour of blockchain technology but not of existing crypto projects. However, other prominent cryptocurrency personalities and...The post “Blockchain, not Crypto”: Tron Founder Loses Chinese Social Media Presence appeared first on NewsBTC.
Su Zhu, the CEO of Three Arrows Capital, the Singapore-based fund manager that focuses on superior risk-adjusted returns, may be one of the few last [...]The post 2020 Predictions: Bitcoin (BTC) will Soar to $27,000, Tezos and ETC to the Top 10, Craig Wright to end up in Jail appeared first on Coingape.
Cardano ADA price remained above the $0.03605 threshold for most of the 11th of December and managed to close at a very slightly (0.27 percent) lower price when compared to the day prior. Cardano ADA Price Analysis – 11th December (ADA/USD) Cardano ADA Price Chart by Trading View As shown on the graph displayed above, the Cardano price displayed a series of regressions and progressions as it moved across its price pathway. Over the next twenty-four hours after the opening at the $0.0363 value, the coin followed the path upwards to $0.0372 after which the decline led to the support
Following news that crypto exchange Kraken is introducing Tezos staking rewards, the price of XTZ has now reached a seven-month high.The post Tezos (XTZ) price explodes following Kraken announcement appeared first on Decrypt.
The founder and CEO of Tron, Justin Sun, saw his account on social media platform Weibo shut down. While the Chinese version of Twitter offered no explanation as to why his account and the account of Binance co-founder Yi He were removed, Sun assured the crypto community that he had a “direct channel” to Weibo […]The post Founders of Tron and Binance get their accounts removed from Chinese Twitter appeared first on CryptoSlate.
With 12 days to go until Christmas, the countdown is officially on! Check out these top crypto goodies that any self-respecting crypto HODLer wants to find in their stocking. 1. Cryptotag Zeus – Starter Kit What do you get for the crypto HODLer who has everything this Christmas? The chance to engrave his (or her) 24-seed back up phrases on to high-grade titanium metal plates, of course. You could argue that paper works equally wellRead MoreThe post Top 5 Crypto Christmas Presents for 2019 appeared first on Bitcoinist.com.
Three crypto experts share the latest insights into what’s going to affect the bitcoin price over the next few months.The post Bitcoin price now at crossroads: Will it go bullish or bearish? appeared first on Decrypt.
Coinspeaker As DeFi Markets Reinforce, Ethereum Price Contrast Gravitating Towards the LowEthereum fell below $140 some hours back and stays somewhere in a bearish territory as prices drop to their lowest levels most of the time.As DeFi Markets Reinforce, Ethereum Price Contrast Gravitating Towards the Low
The European Central Bank (ECB) should determine objectives for its digital currency taskforce by mid-2020, ECB President Christine Lagarde said during her first policy meeting. What’s the Purpose of a Digital Euro? Earlier today, the ECB’s Governing Council met to decide the benchmark interest rate and the monetary policy. After the event, new ECB President Christine Lagarde held her first press conference, along with ECB Vice-President Luis de Guindo. She said that the central bankRead MoreThe post ECB to Set Objectives for Own Digital Currency, Lagarde Suggests appeared first on Bitcoinist.com.
Bitcoin has fallen into a bearish pattern of incurring major upwards movements that are followed by nearly instant rejections, which leaves behind large wicks on BTC’s candle chart and typically spells trouble for which direction it trends in the near-term. Yesterday, Bitcoin further extended this pattern after it incurred a fleeting surge up to highs...The post Bitcoin Faces Another Rejection, But Here’s Why the Bull Case Remains Strong appeared first on NewsBTC.