Crypto News

Binance records a whopping $1 billion inflow in USDT as Bitcoin price trickles down; a major pump incoming?

Binance records a whopping $1 billion inflow in USDT as Bitcoin price trickles down; a major pump incoming?

Binance, one of the world’s largest exchanges, witnessed a massive inflow of USDT as much as a billion dollars [yes, you read it right, $1 billion] in Tether, which ultimately went into Bitc...

Bitcoin and Altcoins Take Hit, Bears in Driver’s Seat

Bitcoin and Altcoins Take Hit, Bears in Driver’s Seat

Recently, bitcoin price faced a strong resistance near the USD 13,100 and USD 13,150 levels. BTC/USD made a few attempts to continue higher, but it failed. As a result, there was a sharp dec...

Altcoins fall below key support levels

Altcoins fall below key support levels

The cryptocurrency market crashed by a strong margin with many altcoins falling below key levels. At press time, the collective market cap stood at $311 billion. The latest bearish trend cam...

Libra cannot go forward until Facebook addresses serious concerns: Federal Reserve Chair

Libra cannot go forward until Facebook addresses serious concerns: Federal Reserve Chair

Less than a month after being formally unveiled, Facebook’s cryptocurrency project has run into its biggest roadblock. Jerome Powell, the Chair of the United States Federal Reserve stated th...

A New Kind of Token Sale Puts You Next to Harvard Endowment

A New Kind of Token Sale Puts You Next to Harvard Endowment

This Thursday marks a new stage for crypto investors as first-of-its-kind digital token offering gives retail investors access to opportunities previously available to investors such as Harv...

Chinese crypto-miners seek to set up shop in Iran as crackdown ensues

Chinese crypto-miners seek to set up shop in Iran as crackdown ensues

China is among the most preferred locations for cryptocurrency miners, owing to cheap electricity, low population, and cold climate provided by cities such as Sichuan. However, mining activi...

Congressman reintroduces bill to reduce tax rates on crypto-earnings

Congressman reintroduces bill to reduce tax rates on crypto-earnings

American crypto-users have been using digital coins since their conception and the bull run of Bitcoin [BTC] has attracted more crypto-fans and spurred wider adoption. Due to this fact, US b...

Bitcoin’s meteoric rise, Facebook’s Libra will have China accelerate its digital currency project

Bitcoin’s meteoric rise, Facebook’s Libra will have China accelerate its digital currency project

It all started with the US launching an investigation of China’s trading policies in 2017, leading to the imposition of tit-for-tat tariffs on products by both the countries. As tensions bet...

Crypto is useful enough to create a whole new future, says CZ as he addresses wash trading concerns

Crypto is useful enough to create a whole new future, says CZ as he addresses wash trading concerns

Binance launched its decentralized exchange in March in order to foster the crypto industry’s long-term vision of peer-to-peer trading. Changpeng Zhao or more popularly known as CZ, CEO of B...

Banks need to embrace opportunities and support use of blockchain technology, says Rakbank CEO

Banks need to embrace opportunities and support use of blockchain technology, says Rakbank CEO

Peter England, CEO of Rakbank, made news after he stressed that banks around the world need to support firms that are developing blockchain technology. The statement from the CEO came during...

Users should be comfortable with owning & using digital assets, says Pundi X CEO on release of XWallet 2.0

Users should be comfortable with owning & using digital assets, says Pundi X CEO on release of XWallet 2.0

With crypto-adoption rates rising across the globe, major exchanges such as Binance have started integrating a number of features onto their platform to improve user experience. The principa...

Facebook’s pre-launch Libra announcement highlights intent to work with policymakers, says Hunter Horsley

Facebook’s pre-launch Libra announcement highlights intent to work with policymakers, says Hunter Horsley

News of Facebook launching its own cryptocurrency, Libra, caused quite a few ripples across the industry. Reactions were diverse, with some welcoming it, while others trashed it. And, these ...

Oil and gas giant Shell invests in Ethereum blockchain project to track flow of energy

Oil and gas giant Shell invests in Ethereum blockchain project to track flow of energy

World’s fifth-largest oil and gas company, Shell, took a step forward in its exploration of the blockchain world, after it invested in a New-York based startup using a modified version of Et...

Gemini’s Tyler Winklevoss asks Facebook to ‘work with regulators’ on Libra

Gemini’s Tyler Winklevoss asks Facebook to ‘work with regulators’ on Libra

The famous Winklevoss twins and their imbroglio with Mark Zuckerberg’s Facebook needs no introduction. Interestingly, the business honchos’ tryst with Gemini started after winning a $65 mill...

Bitcoin is a ‘macro-story’ and digital currencies are here to stay, says Fundstrat’s Thomas Lee

Bitcoin is a ‘macro-story’ and digital currencies are here to stay, says Fundstrat’s Thomas Lee

Bitcoin recorded 5 consecutive green monthly candles, which has had some investors believe that the bull rally has begun, as the same was observed during the rally of 2017. Bitcoin hit a cei...

‘Bitcoin is not a currency,’ but a highly volatile asset, says European Central Bank’s Chief Economist

‘Bitcoin is not a currency,’ but a highly volatile asset, says European Central Bank’s Chief Economist

The European Central Bank [ECB] is moving towards reviewing its policy framework and along with it, recently carried out an #AskECB session over Twitter. ECB’s executive board member and Chi...

Litecoin Halving Should Already Be Priced in, Says Charlie Lee

Litecoin Halving Should Already Be Priced in, Says Charlie Lee

The Litecoin (LTC) halving, or reduction of the Litecoin block mining reward, should already be priced in by the market as everyone knows about it since the beginning, according to Charlie L...

Libra and others that follow it will establish exchange relations with major currencies, says former PBoC Governor

Libra and others that follow it will establish exchange relations with major currencies, says former PBoC Governor

With Bitcoin getting mainstream recognition, there has been a lot of institutional onboarding into digital assets. Giants like Facebook, J.P. Morgan, Amazon, Alibaba, Microsoft, and others f...

XRPL Labs introduces XUMM in an attempt to replace traditional banking with decentralized banking

XRPL Labs introduces XUMM in an attempt to replace traditional banking with decentralized banking

Ripple-powered XRPL Labs has been working on tech to simplify payments for not only major financial institutions, but also the crypto-community. One such XRPL Labs developer is Wietse Wind, ...

The curious case of Bitcoin’s baffling 2019 rally and its effects on altcoins

The curious case of Bitcoin’s baffling 2019 rally and its effects on altcoins

Some believe that Bitcoin’s bull rally began in April 2019, while others believe that it hasn’t and are unsure. What is certain however is the fact that Bitcoin has been on a positive rally ...

Bitcoin, XRP & other cryptos may ‘catch on or they won’t,’ but market doesn’t differentiate, says David Schwartz

Bitcoin, XRP & other cryptos may ‘catch on or they won’t,’ but market doesn’t differentiate, says David Schwartz

People have always feared and/or worshipped what they do not understand. This has been evident since the adevnt of civilization. People feared the invention of electricity, the invention of ...

Poloniex now supports crypto-trading using bank accounts, debit and credit cards

Poloniex now supports crypto-trading using bank accounts, debit and credit cards

The US-based cryptocurrency exchange, Poloniex, had previously allowed its users to perform margin trading and did not deal with fiat currencies. However, in a recent development, the Delawa...

United States’ Provident Bank announces use of Bitfury’s analytics platform for ‘digital asset compliance’

United States’ Provident Bank announces use of Bitfury’s analytics platform for ‘digital asset compliance’

Blockchain technology company, Bitfury, has announced its partnership with U.S-based Provident Bank, in an attempt to provide banking services to digital asset firms. In a recent blog post, ...

Samsung rolls out Ethereum-based SDK beta version; to launch official version soon

Samsung rolls out Ethereum-based SDK beta version; to launch official version soon

Samsung made its foray into the blockchain world this year after unveiling a cryptocurrency wallet for its Galaxy 10 flagship phone based on ETH and ERC-20 tokens, which also supported a few...

Bitcoin is the “schmuck insurance” against traditional financial system, claims Social Capital CEO

Bitcoin is the “schmuck insurance” against traditional financial system, claims Social Capital CEO

What do you have under your mattress? A stash of dollar bills stitched between the padding, or perhaps a bunch of gold bars (I doubt it), or maybe a hardware wallet with Bitcoins? According ...

Fidelity International “gaming” the prospects of blockchain and cryptocurrency

Fidelity International “gaming” the prospects of blockchain and cryptocurrency

Take a bite and you just can’t resist, can you? Fidelity International, under whose umbrella Fidelity Digital Assets was launched in October 2018, is now interested in blockchain and cryptoc...

Bitcoin Primed for More Gains Whereas Altcoins Bleed

Bitcoin Primed for More Gains Whereas Altcoins Bleed

After yesterday’s rise, bitcoin price extended gains above the USD 12,500 and USD 12,800 resistance levels. BTC/USD even broke the USD 13,000 resistance and traded close to the USD 13,150 le...

Facebook, Royal Bank of Scotland ‘discuss’ Libra; big-banks to join the consortium?

Facebook, Royal Bank of Scotland ‘discuss’ Libra; big-banks to join the consortium?

Facebook’s ‘consortium’ may lose its banking virginity. The cryptocurrency project launched last month by the social media giant has been seen as the death knell for big banks. However, some...

Bitcoin: Hashrate skyrockets by 27x since 2017; miners looking to spur price rally?

Bitcoin: Hashrate skyrockets by 27x since 2017; miners looking to spur price rally?

Bitcoin seems to be pulling a Usain Bolt; not in price, but with regard to mining difficulty. As the price hovers just below the $13,000 mark, less than a thousand dollars behind its yearly ...

Bitcoin breaches $13,000 as bears continue to stall coin’s momentum

Bitcoin breaches $13,000 as bears continue to stall coin’s momentum

Bitcoin [BTC] has been going through a roller coaster of a price movement over the past few months, going on to almost breach the $14k mark, before dropping below $10k again. However, it wou...

TokenSoft partners with Tezos; will support issuance of security tokens on the blockchain

TokenSoft partners with Tezos; will support issuance of security tokens on the blockchain

TokenSoft, a San Francisco-based token issuance platform, has officially announced issuance of security tokens on the Tezos Blockchain. According to a blog post released by TokenSoft, users ...

Users who value privacy, anonymity will be happy with BitTorrent Speed’s offerings, claims Tron’s Justin Knoll

Users who value privacy, anonymity will be happy with BitTorrent Speed’s offerings, claims Tron’s Justin Knoll

Justin Sun recently sat down in an AMA to discuss the launch of BitTorrent Speed and the features and updates associated with it. The aim of this latest project is to enhance users experienc...

IRS devising more sophisticated ways to keep track of people evading tax on cryptocurrency earnings

IRS devising more sophisticated ways to keep track of people evading tax on cryptocurrency earnings

The United States’ Internal Revenue Service is in the news again after a new method of its to keep a tab on those who evade tax on their cryptocurrency earnings came to the fore. According t...

Atlantis hardfork focuses on eliminating emerging errors & making ETC network more efficient

Atlantis hardfork focuses on eliminating emerging errors & making ETC network more efficient

In any discussion which includes the concept of virtual assets and blockchain, most people often talk about developments solely concerning the Bitcoin community. The marketability of Bitcoin...

Stellar network aims to improve network performance with latest Go SDK release

Stellar network aims to improve network performance with latest Go SDK release

The race for market dominance has given birth to a new wave of competition within the crypto-development community, to deliver a platform that can redefine the status quo of monetary transac...

Popular Aussie commentator calls for ban on Bitcoin and its imitators citing an episode of ‘Billions’

Popular Aussie commentator calls for ban on Bitcoin and its imitators citing an episode of ‘Billions’

Following a correction wave and some pullback, the world’s largest cryptocurrency is surging again. This has caused many to turn bullish about the coin again. However, award-winning Australi...

After breaching a key resistance zone, where does the price of Bitcoin go from here?

After breaching a key resistance zone, where does the price of Bitcoin go from here?

After a week of bearish trends worrying the crypto-community, Bitcoin prevailed after soaring by over 8 percent over the last 24 hours. The price movement of BTC over the past seven days has...

Binance’s CZ expecting an altcoin rally that will lead the way for ‘stronger projects’

Binance’s CZ expecting an altcoin rally that will lead the way for ‘stronger projects’

After a prolonged crypto-winter and subsequent Bitcoin rallies, much of the community is anticipating an altcoin season. However, crypto-traders and analysts speculate that the lack of an al...

Binance embraces community feedback; reduces no. of confirmations needed for deposits and withdrawals

Binance embraces community feedback; reduces no. of confirmations needed for deposits and withdrawals

Binance will turn two on July 12 this year, and the exchange had always been ready to announce a host of additions and updates complimenting Bitcoin and its peer altcoins. The Changpeng Zhao...

Polish exchange Bitmarket ceases operations on a short notice; cites inability to settle liabilities

Polish exchange Bitmarket ceases operations on a short notice; cites inability to settle liabilities

The crypto-ecosystem has been constantly growing with newer and better companies making a presence with a variety of services in the digital asset domain. With the number of new entrants in ...

XRP fan following on the rise; records a majority of positive tweets in every country

XRP fan following on the rise; records a majority of positive tweets in every country

Even as Bitcoin continued to dominate yet another chart with a flow of exceptionally positive sentiment on Twitter, XRP recorded a majority of positive tweets in every country. Owing to Ripp...

BitTorrent Speed will refine control features, promises Tron CEO Justin Sun

BitTorrent Speed will refine control features, promises Tron CEO Justin Sun

Justin Sun, CEO of Tron Foundation, maintained his position at the epicenter of public attention by officially announcing major reforms to BitTorrent Speed. Sun is already active over social...

Former Ripple CTO launches platform to allow users to easily write and deploy smart contracts

Former Ripple CTO launches platform to allow users to easily write and deploy smart contracts

Ripple’s former CTO and Founder of Coil, Stefan Thomas, has announced the launch of a new open-source decentralized hosting platform called Codius. This decentralized platform uses interledg...

Can cryptocurrencies be the cure-all for Brexit? Or is it yet another far-fetched goal?

Can cryptocurrencies be the cure-all for Brexit? Or is it yet another far-fetched goal?

Doesn’t it seem like we’ve been here before? Isn’t this a case of deja-vu? Every time a financial crisis hits the world economy or an important part of it, people often categorize cryptocurr...

Going nowhere: Bitcoin’s daily active addresses drop to pre-bull run levels despite price rally

Going nowhere: Bitcoin’s daily active addresses drop to pre-bull run levels despite price rally

Knock, knock. There’s nobody home. Bitcoin is a funny financial asset, isn’t it? Price aside, on one front its hashrate measured in terms of mining prowess seems to be on the rise. On the ot...

Bitcoin: King coin’s technical side receives a hat tip as bullish tendencies look to sustain themselves

Bitcoin: King coin’s technical side receives a hat tip as bullish tendencies look to sustain themselves

You know what they say, “If you mess with the bull, you get the horns.” The price of Bitcoin, spearheaded by the bulls of the past few months, is now beginning to expose its horns. With Bitc...

Good News Failed to Cushion CELR and BTT Price Drop

Good News Failed to Cushion CELR and BTT Price Drop

Despite some expected but still positive news coming the way of Celer Network (CELR) and BitTorrent (BTT), the prices of both tokens continue to drop. Celer Network announced the launch alp...

Erik Voorhees’ new ShapeShift platform takes a jab at Coinbase by providing self-custody services

Erik Voorhees’ new ShapeShift platform takes a jab at Coinbase by providing self-custody services

Erik Voorhees, CEO of ShapeShift, spoke about a new feature for its users with Naomi Brockwell, and how it should be a standard for cryptocurrency platforms in the present day. Voorhees, a B...

Nouriel Roubini knocked out Arthur Hayes at the ‘Tangle in Taipei,’ says crypto-community

Nouriel Roubini knocked out Arthur Hayes at the ‘Tangle in Taipei,’ says crypto-community

“I get knocked down, but I get up again” seems to be the phrase reverberating in Arthur Hayes’ head right now. A week has passed since the infamous ‘Tangle in Taipei’ and yet, the full recor...

Ripple will soon need to find a way to distance itself from ‘Ripple Token,’ claims Tone Vays

Ripple will soon need to find a way to distance itself from ‘Ripple Token,’ claims Tone Vays

Tone Vays is a derivatives trader and popular YouTuber known for his technical analysis of Bitcoin and his strong opinion about other cryptocurrencies, including XRP and the company Ripple. ...