Altcoins

The British Virgin Islands are trying to take over the monetary space by establishing their own cryptocurrency. The asset would serve as the region’s national form of fiat, but how valid is the plan?British Virgin Islands Constitute High Levels of Crypto ActivityIt appears we’ve entered an age where virtually every country or corporation is looking to establish some sort of presence in the crypto arena. Examples include China and, of course, Facebook.China is a huge country with more than a...

December is almost over, and it’s safe to say that it has been action-packed. Over the past week, Bitcoin’s price went on a rollercoaster, dropping to a low of around $6,500 only to correct to approximately $7,200 where it currently trades, leaving many to question whether the bottom was already in. Looking at the bigger picture, however, one year ago, Bitcoin was trading at around $3,122, which means that it has managed to more than double its value.It’s worth noting that while the price was...

According to Arianna Simpson, founder and managing partner at ASP, Binance just increased the heat on the staking market. It offers 0% staking fees for the XTZ fans, a week after Coinbase‘s announcement of XTZ support. This is the beginning of a staking war, where centralized players take operational costs on themselves and achieve brand recognition, new clients and centralization of the future market.1/ Coinbase adds automatic staking for XTZ, and less than a month later, Binance introduces...

It seems that Libra developers are pretty serious when it comes to launching next year. The Libra Association announced it has published its second, 2.0. roadmap for Libra Core, the initial software that supports the planned Libra network. Even though there are many regulatory uncertainties, and there are no concrete dates for an actual launch, Facebook‘s Libra is continuing to build up its community.As per the recent blog post, the project seems to be still operational and already tests its...

After going through another volatility earlier this week, which pushed its value down to as low as $6450 on major exchanges, Bitcoin has made a quick recovery above $7,000 and is currently trading at $7,200, indicating a 1.12% gains on the daily chart. Meanwhile, Bitcoin’s dominance continues to increase and it stands at 68.3%. This week’s drop didn’t only cause panic among traders but also turned the entire market into a red zone. Bitcoin’s quick recovery, however, has given a sense of hope...

Binance has made a minority investment in the derivatives exchange FTX becoming the first outsider investor in the firm. As part of the deal announced on December 19, the crypto trading platform company acquired equity in the FTX derivatives firm. Additionally, it bought long positions in the FTX native Token, FTT. In that context, Sam Bankman-Fried, FTX founder and CEO said:“The investment will help accelerate the growth of FTX with support and strategic advisory from Binance while FTX...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 776. Heute sprechen wir über folgende Themen: Frankreich: Finanzaufsicht genehmigt erstes ICO im Land, Weiss Ratings sagt dieser Coin ist total unterbewertet & Coinbase Patent Bitcoin per email senden. [embedded content] 1.) Frankreich: Finanzaufsicht genehmigt erstes ICO im Landhttps://de.cointelegraph.com/news/frances-financial-regulator-grants-countrys-first-approval-for-an-initial-coin-offering 2.) Diese Kryptowährung ist...

Bitcoin cash price is currently correcting higher above $180 against the US Dollar.The price is facing many challenges on the upside near $188, $192 and $196.There are two key bearish trend lines forming with resistance near $188 and $196 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to struggle near the $196 level and it might resume its decline.Bitcoin cash price is showing a few positive signs above $180 against the US Dollar. However, BCH/USD must...

After this week was pretty bearish for Bitcoin, it finally turned its way upwards. Some of the merits go to the crypto derivatives platform ErisX that started with its physically settled Bitcoin futures contracts, launching only the second such product suite in the U.S. However, only after Wednesday it went above the $7,000 mark. At the time of writing, it is trading at $7,179 that came as a welcome change that brought a dash of optimism among traders and analysts.With sentiment going up and...

During a Hedge Fund Association Conference in New York, Christine Sandler from Fidelity Investments said that a good custodian must have geographic diversity and knowledgeable staff. She noted:“To do it really well, you have to have geographic diversity, a staff that understands the underlying technology,”That means that people who can sign the multi-signature transactions across the globe, and knowledgeable of the blockchain trends. She thinks that the custodian wallet providers like...