Square’s Open-Sources Bitcoin Cold Storage Solution
Late last year, Square began offering the ability to buy and sell Bitcoin with Cash App. As part of that launch Square invested heavily in building out our cryptocurrency infrastructure to help protect Square customers’ funds, and Square itself, from both internal and external threats. Cryptocurrencies like Bitcoin require private keys to access and move […]
Crypto Market Consolidating in Response to Low Prices
Bearish sentiment in the cryptocurrency market has driven an industry-wide increase in mergers and acquisitions, with such deals spiking by more than 200 percent year on year in 2018. According to figures compiled by JMP Securities for Pitchbook, 115 deals have already been announced throughout the world this year, with roughly 30 more expected by […]
COBINHOOD Cryptocurrency Exchange Launches Margin Trading
COBINHOOD, the next-generation cryptocurrency service platform and zero-fee exchange, today announced the launch of Margin Trading on its platform. Starting October 19, COBINHOOD users, from the novice to the experienced, are able to maximize their trading power and tap into unused funds for greater value. The comprehensive features include: Margin Trading which allows users to trade more than […]
SimpleFX Makes CFD Trading Fast and Easy Like Never Before with the Launch of the New SimpleFX WebTrader Tool
SimpleFX, one of the fastest growing CFD platforms, has just released a new version of SimpleFX WebTrader with the goal of becoming the fastest and easiest of all trading tools available at present. The company has also joined hands with the affiliate tracking platform Unilink.io to help its clients enjoy real-time revenue tracking benefit and […]
BANKEX Launched a Custody Bug Bounty of $15K
BANKEX has launched a Custody bug bounty to incentivize hackers to expose weak spots BANKEX can then fix. BANKEX will reward hackers up to $15,000. After reading news about crypto heists, having value stored in crypto might seem to be a nightmare. It seems like a pain to keep private keys safe, hiding them from […]
Spencer Bogart: Bitcoin is Close to Bottoming
“We’re down about 70 percent from our highs, so I think that bitcoin is close to bottoming and so is the rest of the market,” Spencer Bogart, an expert from digital currency and blockchain venture firm Blockchain Capital said Friday on CNBC’s “Fast Money.” Cryptocurrency has had a big week. On Wednesday, TD Ameritrade announced a strategic […]
Bithumb to Open a Decentralized Global Exchange
Bithumb, one of South Korea’s biggest cryptocurrency exchanges, will open a new cryptocurrency exchange to target the global market, the company announced on Oct. 3 This is part of its plans to take the lead in the global cryptocurrency market through overseas expansion as there are a lot of difficulties in expanding its domestic business […]
Mike Novogratz: Bitcoin is ready to grow again
Bitcoin bull Mike Novogratz thinks the cryptocurrency is poised for major growth. “You’re seeing now institutions moving in,” the founder and CEO of Galaxy Digital told CNN international correspondent Paula Newton on CNNMoney’s “Markets Now” on Wednesday. Novogratz pointed out that exchanges and big companies are starting to take the cryptocurrency more seriously. “Starbucks and […]
Bitcoin Price Could Crash to $100
There’s something about a prolonged cryptocurrency market downturn that leaves bears jockeying to be the one to twist the final knife in bitcoin’s battle-scarred back. The latest jab comes from Marek Paciorkowski, a financial market analyst at Polish forex platform Aforti Exchange S.A. Speaking in an interview with Romanian financial publication Business Review, Paciorkowski speculated […]
Father Vs. Son On Blockchain Trends: Q&A With Tim And Adam Draper
Just five months ago, billionaire venture capitalist ‘Tim Draper’ made a prediction that the price of one bitcoin will rise to $250,000 by 2022. Even though the price has since fallen, Draper believes that bitcoin will bounce back. When the Silk Road collapsed in 2014, the U.S. Marshals auctioned 144,000 bitcoins and Tim Draper purchased […]
Bitcoin Price Volatility Hits Lowest Level In Nearly 2 Years
A three-month long bitcoin price squeeze (BTC) could be nearing an end, with a key volatility indicator reaching its lowest level for 21 months. The leading cryptocurrency has charted lower price highs and lower price lows (pennant) since the end of June and the lack of strong direction bias has both bulls and the bears […]
Your Crypto-Weary Soul
If bear markets terrify you, take some advice from an experienced economic researcher and editor at Forbes who bought Bitcoin for $14. Things are far more serious when you’re charged for Bitcoin’s price oscillations: You think you have been through hard times with crypto this year? Let me tell you a few stories. To set […]
BTC/USD Upside Held Near $6500
Bitcoin on Saturday crossed above the $6,500-mark but lacked further upside momentum near the psychological resistance. The BTC/USD kickstarted the day forming higher lows towards 6475-fiat. The Asian trading session witnessed consolidated action within a narrow range defined by 6520-fiat to the upside and 6477-fiat to the downside. A breakout action appeared only during the […]
Bitcoin Price Looks North After Passing $6.4K Resistance
Bitcoin (BTC) is teasing a decent bullish move, having cleared crucial resistance a few hours ago. The leading cryptocurrency moved past $6,400 earlier today, signaling that bearish exhaustion – as indicated by Tuesday’s spinning bottom candle – is paving way for a corrective rally. Notably, the positive price action was preceded by a solid defense […]
The $20 Million Bitcoin Miner Being Hailed as a Bitmain Rival
After CoinDesk revealed the China-based crypto mining giant was planning an initial public offering (IPO) for September, the company has faced a wave of perhaps unprecedented scrutiny. On social media, allegations emerged Bitmain was everything from insolvent to presenting a rosy outlook for its financials, all the while investors linked to the funding effort backed […]
Korean Banks to Limit Services for Crypto Traders Without Real-Name Verification
South Korean banks are reportedly taking measures to limit services for customers who are not using the real-name system. It has been over seven months since the Korean government introduced the crypto real-name system, but only 40-50% of accounts at the country’s top four cryptocurrency exchanges have been converted into real-name ones, according to local […]
Bitcoin Price Stabilizes at $6,400
From August 8 to August 26, for more than three weeks, Bitcoin had been relatively stable in the $6,500 to $7,000 region, demonstrating small volatility. However, from August 27 to early September, as Bitcoin started to see some major movements on the upside, the cryptocurrency market began to demonstrate extreme volatility. As seen on September […]
Why Bitcoin Dropped by Over 10%
Over the past two days, the valuation of the cryptocurrency market has plunged to $201 billion as Bitcoin lost 13 percent, moving closer to its yearly low at $192 billion. Since Sept. 6 when the price of Bitcoin dropped by more than 10 percent within a one-hour period, the cryptocurrency market has been on a […]
