Crypto News

Bitcoin’s supply/demand dynamics can’t change: Bitwise COO

Bitcoin’s supply/demand dynamics can’t change: Bitwise COO

On November 15, COO of Bitwise Asset Management, Teddy Fusaro spoke to Cheddar about the Bitcoin halving scheduled to occur around May next year. During the interview, he said he expected it...

Ethereum’s Harmony will not support upcoming Istanbul hardfork

Ethereum’s Harmony will not support upcoming Istanbul hardfork

With the Istanbul hardfork expected to roll out by 4 December, developers of the Ethereum community have been releasing several upgrades in its ecosystem. The testnets before the execution o...

Bitcoin drop below $8,500 may be tied down to USDCoin

Bitcoin drop below $8,500 may be tied down to USDCoin

If one were to look at the unrelated rise and fall of Bitcoin vis-a-vis internal factors within the digital assets space, the relevance of stablecoins increases. Seen as a balancing tool for...

Ethereum could breach wedge to $170 by December

Ethereum could breach wedge to $170 by December

While the Ethereum network has not seen recent ETH values anywhere near the 2019 high of over $350, its current value is just a stone’s throw away from its value on this day last year. With ...

IRS changes tune on cryptocurrency-based tax payment comments

IRS changes tune on cryptocurrency-based tax payment comments

The Internal Revenue Service [IRS] has changed its tune on how cryptocurrencies can be, or rather were, used to pay for taxation in transactions that occurred before 2018. According to Ally ...

Litecoin likely to breach broadening wedge to $62 next week

Litecoin likely to breach broadening wedge to $62 next week

Between the 23rd and 26th of September, Litecoin saw a drop in value from around $74 to $50, and has since been unable to rise above the $67 mark. LTC has been mostly consolidating between t...

Cryptocurrency’s position as investment ‘not suitable for US merchants’

Cryptocurrency’s position as investment ‘not suitable for US merchants’

Cryptocurrency’s association with financial asset classes and its recent adoption drive resulted in a wide variety of concerns for the governments related to taxes, fraud, and its fiat curre...

DeversiFi to support MakerDAO multi-collateral DAI

DeversiFi to support MakerDAO multi-collateral DAI

DAI will be upgraded from a single collateral mechanism to multi-collateral, which is expected to result in some fundamental changes to how DAI gets listed. DeversiFi, a decentralized Ethere...

Binance DEX recorded ~$50 million volume in October, claims report

Binance DEX recorded ~$50 million volume in October, claims report

After having successfully completed its planned Heisenberg hard fork, Binance Chain, the blockchain project initiated by the Malta-based cryptocurrency exchange, recently published its month...

XRP could breach pennant and climb to $0.28 in a week

XRP could breach pennant and climb to $0.28 in a week

October saw XRP doing its best to record some gains in its price valuation, with it more or less remaining close to the $0.27 mark for most of the month and November as well. Yesterday, XRP ...

Bitcoin is largely driven by market manipulation: Michael Arrington

Bitcoin is largely driven by market manipulation: Michael Arrington

At the recently held CoinMarketCap conference, The Capital, former editor of TechCrunch, Michael Arrington, took part in a backstage interview and spoke about Bitcoin, the U.S. dollar, and c...

Binance will list Facebook’s Libra if it commands strong user base

Binance will list Facebook’s Libra if it commands strong user base

Binance CEO Changpeng Zhao is at the head of the world’s largest cryptocurrency exchange by volume and is perhaps one of the world’s most prominent and influential crypto-personalities. In a...

Bitcoin Cash Price Down Ahead of a Major Upgrade

Bitcoin Cash Price Down Ahead of a Major Upgrade

Bitcoin Cash (BCH) is scheduled for an update on the network’s consensus rules today to make the network more secure. In the meantime, the price of the 4th coin by total market capitalizatio...

Ethereum-based Compound raises $25 million from Andreessen Horowitz

Ethereum-based Compound raises $25 million from Andreessen Horowitz

The Decentralized Finance or DeFi ecosystem has been one of the most discussed fields in 2019, with the industry now worth over $650 million. It is owing to this success that various foundat...

BRICS discusses plans for ‘common cryptocurrency’ to reduce USD dependence

BRICS discusses plans for ‘common cryptocurrency’ to reduce USD dependence

Today, it’s fair to say that many countries across the globe are looking at the prospect of alternatives to the present-day monetary system. Cryptocurrencies have emerged as one of these opt...

Unknown Fund to invest $75 Million in Bitcoin towards privacy startups

Unknown Fund to invest $75 Million in Bitcoin towards privacy startups

An anonymous organization, known as the Unknown Fund, recently announced its intent to invest and donate $75 million in bitcoin (BTC) to those startups working directly or indirectly on stre...

Iran offers bounties for exposure of illegal crypto-mining operations

Iran offers bounties for exposure of illegal crypto-mining operations

Cryptocurrency mining has been deemed by many to be energy-consuming. The ASIC miners used for the process utilize a significant amount of electricity for mining. In fact, the University of ...

Crypto-market’s liquidity only $500 million for $240 billion market capitalization

Crypto-market’s liquidity only $500 million for $240 billion market capitalization

CoinMarketCap’s liquidity metric went live on 12 November and the new feature has since managed to ruffle the feathers of quite a few top crypto-exchanges. The platform released its new inde...

Bitcoin holds firm and Futures don’t like it one bit

Bitcoin holds firm and Futures don’t like it one bit

Bakkt and CME are in agreement. The digital currency markets are unlike any other. Where other markets crave a period of stability for their investments to hold firm and gain relative ground...

Binance Research advocates #HODLing as it analyzes Bitcoin’s annualized returns

Binance Research advocates #HODLing as it analyzes Bitcoin’s annualized returns

The research team at Malta-based cryptocurrency exchange, Binance, recently released a chart regarding the impact of the best performing days on the annualized daily average returns for Bitc...

Bitcoin ETFs could broaden accessibility: Former SEC Commissioner

Bitcoin ETFs could broaden accessibility: Former SEC Commissioner

At the recent CoinMarketCap conference, former Commissioner of the U.S. Securities and Exchange Commission, Paul Atkins, and visiting research fellow at the Center for Digital Financial Asse...

Ethereum transitioning to PoS could assist TRON’s ascension: Samson Mow

Ethereum transitioning to PoS could assist TRON’s ascension: Samson Mow

On the second day of CoinMarketCap’s conference, The Capital, Blockstream’s Samson Mow shared his thoughts on proof-of-work, halving and the future of mining. On the sidelines of the same, M...

Monero outreach hits back at ‘arguably inappropriate’ conclusions of Coinbase study

Monero outreach hits back at ‘arguably inappropriate’ conclusions of Coinbase study

Monero Outreach, one of the main Monero workgroups, has released a statement on Coinbase‘s views on Proof-of-Work, which was written by Security Engineer, Mark Nesbitt. In a blog post titled...

Bitcoin ETF’s roll-out will precede Libra’s launch: Abra CEO

Bitcoin ETF’s roll-out will precede Libra’s launch: Abra CEO

The regulatory climate in the cryptocurrency industry seems to be getting worse by the day. Several project proposals have been shown the door over the past year, with Facebook’s crypto-proj...

Facebook’s Libra will happen in some form: Abra’s Bill Barhydt

Facebook’s Libra will happen in some form: Abra’s Bill Barhydt

Abra, the cryptocurrency investment app and wallet, recently revealed that it would be offering 60 new cryptocurrencies to its users based in the United States, while doubling the bank depos...

AFME proposes five recommendations for supervisory convergence of crypto-regulations

AFME proposes five recommendations for supervisory convergence of crypto-regulations

The Association of Financial Markets in Europe, a body that represents global and European banks, recently published a paper highlighting the necessity for regulators across 11 jurisdictions...

BAT Price Jumps 7% on Brave 1.0 Launch News

BAT Price Jumps 7% on Brave 1.0 Launch News

Basic Attention Token (BAT), ranked 29th by market capitalization, is green throughout following the news of Brave launching version 1.0 of its privacy-focused browser. BAT, the native toke...

Ripple helped increase XRP liquidity to $200 million/day: Ethan Beard

Ripple helped increase XRP liquidity to $200 million/day: Ethan Beard

Senior Vice President of Ripple’s Xpring, Ethan Beard, featured in an interview with Abra CEO Bill Barhydt to share the firm’s latest developments and announcements, aimed at improving the X...

IRS Clarifies its Confusing ‘Airdrop’ Cryptocurrency Tax Policy

IRS Clarifies its Confusing ‘Airdrop’ Cryptocurrency Tax Policy

America’s top tax authority, the Internal Revenue Service (IRS), has somewhat provided clarification about its recent cryptocurrency tax guidelines. However, their final decision regarding t...

Cardano’s Hoskinson addresses Shelley’s incentivized testnet’s Balance Check

Cardano’s Hoskinson addresses Shelley’s incentivized testnet’s Balance Check

Cardano, ranked 11th on the cryptocurrency market charts, boasts one of the most technically sound blockchain networks, and its complex functionality is often misinterpreted by many users. W...

Kyoto University becomes Japan’s first Uni to run XRPL validator

Kyoto University becomes Japan’s first Uni to run XRPL validator

Ripple’s aggressive marketing and partnership strategy, in addition to the banking sector, has branched out into other fields as well, with its University Blockchain Research Initiative (UBR...

MakerDAO’s MCD could tackle future collateral risks for DeFi ecosystem

MakerDAO’s MCD could tackle future collateral risks for DeFi ecosystem

Ethereum’s Devcon 5 conference was a successful event, with many important announcements made during the event. One of the most discussed developments was the launch of MakerDao’s Multi-Coll...

Bitcoin use will always have its trade-offs: Casa’s Jeremy Welch

Bitcoin use will always have its trade-offs: Casa’s Jeremy Welch

Recently, CEO and Founder of Casa, Jeremy Welch, made an appearance on the Citizen Bitcoin podcast to talk about security, the Lightning Network and the future of Bitcoin. During the podcast...

Ethereum may recover from September’s fall with ascending triangle breach

Ethereum may recover from September’s fall with ascending triangle breach

Ethereum noted a 36% fall in September and it has since been trying to recover from it. The drop caused the value of the second-largest asset to fall to $150, following which it made several...

Litecoin’s hashrate, difficulty close to early-2018 lows

Litecoin’s hashrate, difficulty close to early-2018 lows

CoinMetrics recently released the 25th issue of its weekly State of the Network series, a report that analyzes network data to produce insights into the cryptocurrency space. The report stat...

Messari raises $4 million, investors include Coinbase, Blockchain Capital

Messari raises $4 million, investors include Coinbase, Blockchain Capital

Cryptocurrency research startup Messari recently announced the completion of its latest investment round, raising $4 million in funding. Detailing on the same, the official release read, “Th...

Bitcoin’s trend will imitate tech stocks post-2000 crash: Report

Bitcoin’s trend will imitate tech stocks post-2000 crash: Report

CoinShares recently published its Crypto Trends Report, a report which analyzed the cryptocurrency industry, drew conclusions and made predictions for the future of Bitcoin and blockchain. I...

Bitcoin: BitMEX emerges as most liquid among perpetual contract exchanges

Bitcoin: BitMEX emerges as most liquid among perpetual contract exchanges

Bitcoin has been going through tough times after its market price was recorded to be around $8,720, at press time. However, the largest cryptocurrency’s liquidity has not taken a hit on BitM...

'Altcoin Hype Has Largely Died Off' – Kraken CEO

'Altcoin Hype Has Largely Died Off' – Kraken CEO

Jesse Powell, CEO of major U.S. cryptocurrency exchange Kraken, believes that the hype surrounding altcoins in the Cryptoverse is at its dying breath. “Altcoin hype has largely died off,” s...

Block.one announces voting for EOS public blockchain updates

Block.one announces voting for EOS public blockchain updates

EOS developers Block.one are in the news after they announced the beginning of voting for EOS public blockchain upgrades on 13 November. With 21 elected block producers, EOS’s public blockch...

CME unveils launch date for options on Bitcoin Futures products

CME unveils launch date for options on Bitcoin Futures products

2019 has been a good year for the flow of institutional interest in Bitcoin Futures products, with a significant rise in curiosity around BTC derivatives and BTC Futures. In the same spirit,...

Libra has suffered owing to Facebook’s reputation: Former CFTC Chairman

Libra has suffered owing to Facebook’s reputation: Former CFTC Chairman

Christopher Giancarlo, Former CFTC chairman, recently featured on an edition of the Unchained podcast to highlight the need for revamping legacy rules for mainstreaming cryptocurrencies. In ...

Tron Prices Rise as CEO Justin Sun Admits He Invested in Poloniex

Tron Prices Rise as CEO Justin Sun Admits He Invested in Poloniex

Tron (TRX) prices are up on the news that the company’s CEO Justin Sun is indeed an investor in the Poloniex exchange, which started accepting limit orders for TRX/BTC, TRX/USDT and TRX/USDC...

Liquidity the biggest hurdle to new product releases: Bybit’s Zhou

Liquidity the biggest hurdle to new product releases: Bybit’s Zhou

In a recent interview, CEO of crypto-derivatives exchange, Bybit, Ben Zhou, was asked about the challenges of running an exchange, Bybit’s present processes and its plans for the future. Byb...

Ethereum could breach symmetrical triangle to climb to $197 soon

Ethereum could breach symmetrical triangle to climb to $197 soon

The Ethereum network has seen ETH drop in value quite frequently over the last few months. However, the cryptocurrency seems to be attempting to regain past losses, and was valued at around ...

Bitcoin Options volume registers weekly low, but sentiment remains bullish

Bitcoin Options volume registers weekly low, but sentiment remains bullish

Bitcoin’s derivatives market entered the frame back in 2017. However, 2019 saw the most significant growth in terms of institutional interest. With the launch of Bakkt’s Bitcoin Futures, pro...

CFTC believed Bitcoin Futures could pop 2017 bubble: Former CFTC Chairman

CFTC believed Bitcoin Futures could pop 2017 bubble: Former CFTC Chairman

As governments across the globe ease up on crypto-regulations, former CFTC Chairman Christopher Giancarlo featured on the latest edition of the Unchained podcast to contrast existing market ...

Monero, other privacy coins among least-used coins on darknet

Monero, other privacy coins among least-used coins on darknet

Bitcoin’s prominence as an uncensored asset became public after it powered the initial boom of emerging darknet marketplaces such as the Silk Road. Cedric Dahl, CEO of 1000x, featured on the...

Blockchain must offer significant improvements over existing systems: Report

Blockchain must offer significant improvements over existing systems: Report

Recently, ConsenSys published the Singapore Blockchain Ecosystem 2019 report, a report which addressed the nation’s blockchain landscape. The report was co-authored by Temasek, Monetary Auth...

Bitcoin rewards app Lolli partners with Alibaba; limits services to U.S users

Bitcoin rewards app Lolli partners with Alibaba; limits services to U.S users

Recently, Chinese e-commerce platform Alibaba was in the news following its Single’s Day shopping sale. However, news of the global shopping giant partnering with Bitcoin rewards application...