Crypto News

Bitcoin failing to ‘prove uniqueness’ with respect to portfolio diversification

Cryptocurrencies have seen a fair share of ups and downs over the years, despite their decade-long history. While opinion may be divided on what purpose a cryptocurrency serves, the disrupti...

Bitcoin v. Gold debate may get a lot more heated post-halving

Bitcoin no longer seems to be in a race against the U.S dollar to become the world’s most used currency. Rather, Bitcoin’s price trends have made it clear that it is playing a different game...

China’s banks continue to embrace blockchain despite scalability, usability concerns

The world of regulators has been itching to regulate cryptocurrencies and device a solution to avoid any economic “threat” that comes with it. Development announcements made by countries lik...

Bitcoin’s growing non-zero BTC addresses suggest more active user involvement

After the completion of the golden cross, Bitcoin‘s dip below $10k over the last week took the community by surprise. The world’s largest cryptocurrency failed to register a quick recovery a...

Facebook Libra’s exec highlights financial inclusion credentials as 2020 awaits

Facebook‘s stablecoin Libra, slated to launch sometime this year, was in the news lately after months of silence. This comes months after the stablecoin excited the community after its white...

$45M in Bitcoin Cash, Bitcoin siphoned off as SIM swap menace continues

Bitcoin is revolutionary. ‘Not your keys, not your coins’ and ‘Be your own bank’ are some of the famous adages in the Bitcoin podosphere. Alas, while Bitcoin lets people be their own bank, t...

Bakkt Bitcoin Futures contracts average 1600% higher than 2019

Bitcoin recorded its fifth-largest hourly price drop in its history on 19 February. This fall slashed its price from $10,214.98 to $9,573.74, a significant drop as the coin’s price was once ...

Binance’s CZ hits back after Malta’s FSA disowns exchange

Dubbed ‘Blockchain Island,’ Malta has become a safe haven for cryptocurrency platforms ever since the Maltese government passed 3 bills into law which established a comprehensive regulatory ...

Bitcoin’s drop below $10k may have had something to do with stablecoins

Yet another Bitcoin drop saw stablecoins come under the microscope. On 19 February, Bitcoin returned to its five-figure mark, this time with the backing of the golden cross. Futures volumes ...

Ethereum Classic, VeChain have a bad week as Algorand continues to stay afloat

The crypto-market’s bullish rally has been collectively sour over the past week after major crypto-assets registered significant drops. Bitcoin went below the $10,000 level again and conside...

XRP’s movement in Gann-fan underlines strength of positive momentum

After breaching its psychological resistance of $0.30 on 13 February, XRP registered a largely bearish period till 20th February, with the third-largest token depreciating by 24.68 percent o...

Bitcoin Futures investors close out positions amid low-swings

Unregulated Futures exchanges, exchanges that boast of higher volumes than their American counterparts, have taken a beating as Bitcoin remained locked in the $9,700 range. The three top Bit...

Bitcoin, other crypto-assets’ success in the future may depend on fiat

Central bankers and proponents of digital currency have been at odds with each other for a long time now. 2019 was particularly a highlight after the criticism of Facebook‘s Libra over the c...

Bitcoin, Ethereum, and XRP margin trading get max leverage on Bitfinex

Bitfinex, one of the world’s largest cryptocurrency exchanges, has announced that it has increased its maximum leverage in margin trading for popular cryptocurrencies like Bitcoin (BTC), Eth...

XRP/PHP liquidity hits ATH; AUD-USD 24-hour volume close to USD-MXN

Ripple’s on-demand liquidity [ODL ] product currently has five endpoints including USD, PHP, AUD, MXN, and EUR. These endpoints have been active for quite some time, recording high liquidity...

Ethereum likely to regain position above $280 in the next 48 hours

Ethereum‘s 12.43 percent drop on 19 February led to an unexpected slump from $283.82, all the way down to $252.14. Major support levels at $274.81, $270.84, $262.10, all turned to become res...

Bitcoin’s latest 9% slump may not necessarily be a concern to investors

Bitcoin‘s bullish rally faced an unexpected stumble after its price dropped by almost $1000 on 19 February. This was an interesting development as the crypto-market was not expecting such a ...

Ethereum’s still out in front; finds Bitcoin in its mirror

Even with Bitcoin adding over a third of its price in 2020, Ethereum still remains the coin to beat. The largest altcoin in the market firmly took the lead as conditions continued to point t...

SBI Subsidiary Boosts XRP Handouts by 67%

The SBI Group, one of Japan's biggest financial services providers, will offer shareholders of its Morningstar subsidiary larger end-of-year XRP benefits. The current fiscal year ends on...

XRP offered to shareholders as SBI Holdings implements year-end benefits

Japan’s SBI Holdings announced on 21 February the decision to implement year-end shareholder benefits using virtual currency, XRP. The largest bank in Japan had previously revealed considera...

Cardano mainnet implements OBFT hard fork on its way to Shelley

IOHK introduced an important update on 20 February as an intermediary step before launching the Shelley era functionality on the Cardano mainnet. The team announced the successful implementa...

Cardano network’s OBFT hardfork receives Binance support

The Cardano network update scheduled for 20 February will be an enhanced consensus mechanism, Ouroboros BFT. A median step between the current Byron era and Shelley, the network upgrade allo...

Bitcoin halving may not be priced in believes Binance’s CZ

Bitcoin suffered a major loss within hours on 19 February, which dragged its price back under the $10k resistance. The largest asset has been having a crest and trough-like movements with $1...

Boom and Bust: Crypto-education can be the safety-net footballers need

“Some people think football is a matter of life and death. I don’t like that attitude. I can assure them it is much more serious than that.” -Bill Shankly With rising demand for sports ente...

Crypto assets represent a democratized financial tool in Mexico unlike stocks

The utilitarian value of cryptocurrencies is a contentious topic still. Ever since Bitcoin’s debut, the community has been split with regard to whether it is best suited as an alternative cu...

TUSD’s volume pumps up to 3 times as Bitcoin’s price drops

On February 19, Bitcoin undid the bullish momentum of its golden cross realized a few days earlier. At 1600 UTC, the king coin dropped by over 5.5 percent in the hour, falling from $10,000 t...

Bitcoin’s crash opens door to a tussle between sentiments

Bitcoin suffered an unexpected drop of 8.44 percent in the past 24 hours. The valuation dropped from $10167 to under $9312, which also resulted in a $10 billion reduction from its market cap...

Handshake Gets into Coinmine Ahead of Possible Listing on Coinbase

One of the Cryptoverse's freshest coins, Handshake (HNS), is gaining recognition by being added to plug and play crypto miner manufacturer Coinmine's device, Coinmine One, while it&#...

BitMEX saw $120 million liquidated during Bitcoin’s drop from $10,000

After entering the coveted golden cross earlier in the week, Bitcoin dropped yet again. The cryptocurrency’s platonic relationship with the $10,000 price mark seems to have ignited a rush of...

Bitcoin moving in cohesion with commodity and equity

Bitcoin is moving with not against its adversaries While Bitcoin’s recent price drop has left it below the $10,000 mark yet again, it has reignited a trend that dominated the cryptocurrency...

Tezos Remains in Green as Top 9 Coins Erase Weekly Gains

After an increase in price of about 170% since the beginning of 2020, there’s no denying that Tezos (XTZ) has been on a roll in the market this year. Today, the cryptoasset, which aims to ch...

Litecoin may face sideways movement between $71.94 and $78.53

Litecoin’s past 24-hour change does not mirror its recent bullish rally. The silver counterpart to Bitcoin registered a slump of 9.08 percent and its price held support just above $70. Accor...

Bitcoin’s price is anyone’s guess; the next US President not so much

Can you accurately predict Bitcoin’s price? Most people would disagree. In a market so fickle and sensitive, Bitcoin’s price can never be accurately estimated. A testament to this unpredicta...

Telegram's Battle To End by April 30, Judge Focuses on 'Economic Realities'

The ongoing battle between instant messaging giant Telegram and the U.S. Securities and Exchange Commission (SEC) may just come to its end by the end of April. Meanwhile, the judge stressed ...

Binance.US CEO: Bitcoin’s SoV considered as a flight to safety

The resurgence of the crypto rally has attracted the attention of traditional investors and market makers, as the alt season sets in. Bitcoin has been relishing during this period as the coi...

Bitcoin makes a comeback to its volatility days

Bitcoin’s price has been on the rise in anticipation of the halving that is to take place a few months later. The recent golden cross formation also indicated that the coin was likely to hav...

Bitcoin and Altcoins Bears Are Back In Driver’s Seat

After yesterday’s strong increase, bitcoin price failed to continue above the USD 10,200 and USD 10,250 resistance levels. Later, BTC/USD declined sharply below USD 10,000 and USD 9,850. The...

Here’s what Bitcoin mining will look like in 2020: From profitability to Hashrate & Halving

When Bitcoin was introduced to the public over a decade ago, mining wasn’t nearly as popular as it is now. A computer with an Internet connection was all an individual needed to mine BTC, an...

Ethereum’s rally may have been less reliant on Bitcoin in 2020

Since the start of January, a majority of the assets have climbed up the valuation ladder and Bitcoin’s 40+ percent hike has hoarded significant attention. However, the impact of the altcoin...

Ripple’s ODL product may not be adopted by Australian banks for some time: FlashFX’s exec

Currently, there are five endpoints for ODL transactions in existence which include USD, PHP, AUD, MXN and EUR along with five corridors [USD-MXN, USD-PHP, AUD-PHP, AUD-USD, and EUR-USD]. Ho...

XRP NVT ratio indicates high growth phase or unsustainable bubble

Despite 60% gains for XRP from the start of the year, the cryptocurrency’s dip under the $0.30 mark has investors concerned. An analysis of the 1-hour chart indicated two possible outcomes f...

US taxpayers burdened with ‘great crypto tax return’ this tax season

Ever since cryptocurrencies gained popularity as an asset class, tax regulations surrounding it have been problematic and complex for most users. While the US has taken proactive steps to br...

RippleNet member Nium’s partnership with Banco Topiàz introduces three corridors

The on-demand liquidity [ODL] platform, introduced to ease and fasten cross-border remittance problem by Ripple, has been expanding globally. Ripple has on-boarded another bank through its R...

Bitcoin’s golden cross changes everything for the 2020 rally

Bitcoin’s stay under $10,000 was short-lived as it picked up momentum on 17th Feb. The valuation witnessed a 6.07 percent surge, and Bitcoin re-entered the $10,000 range. Over the past 24 ho...

50m-User Chat App Kakao Delays Its Crypto Wallet + More News

Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news The Kaka...

Another ICO Set to Close and Refund Investors, Blames Regulatory Fog

Another South Korean cryptocurrency business has announced that it is set to close, citing regulatory uncertainty. Content Protocol Token, a crypto startup and content exchange protocol bui...

Crypto insurance is fiat’s encroachment on Bitcoin’s ethos?

The first thing people unfamiliar with cryptocurrencies think of when they hear ‘Bitcoin‘ or ‘crypto’ is that it is a risky investment with a huge upside. ‘Go big or go home’ resonates well ...

Bitcoin’s Golden Cross ignites Futures rally

Bitcoin is re-entering its golden hour, and the futures market is in awe. On February 18, Bitcoin’s bullish rally of 2020 was set in stone, with the cryptocurrency realizing its Golden Cross...

Bitcoin’s price rise is leading to a rapid increase in liquidity

Ever since Bitcoin broke the $10,000 mark, speculation has been rife whether BTC’s price is likely to go up, down or consolidate and move sideways. And in the last week, it is safe to say th...

Ripple’s former SVP, Kahina Van Dyke joins Standard Chartered

Banking industry veteran, Kahina Van Dyke, who served as Senior Vice President, Business and Corporate Development at Ripple, announced joining financial services company, Standard Chartered...