Bitcoin (BTC)

A bank in South Africa is introducing new regulations regarding how people can – and should – hold cryptocurrency.South Africa: The New Crypto Hotspot?The South Africa Reserve Bank (SARB) says that the new rules will become applicable during the early months of 2020 following a consultation period that has lasted nearly five years. The country has been virtually lost regarding how cryptocurrencies should be monitored and governed and has been seeking advice and outside counsel from digital...

A Danish bank known as Nordea Bank has taken some flak for saying that its employees are not allowed to hold bitcoin or other cryptocurrencies. After a long legal battle, the court has ruled in favor of the institution.Nordea Bank Wins Its CaseAt first glance, the entire issue appears unconstitutional. People should be allowed to invest as they deem fit and hold whatever assets they want without experiencing interference from their employers or outside parties.However, the court ruling over...

Bitcoin smart contracting platform RSK has announced details of a Grants Program to encourage decentralized application (dApp) development. A fund of $200,000 will be made available, with developers invited to submit their ideas for consideration.Big Ambitions, Major IncentivesThe first smart contract platform secured by the Bitcoin network, RSK, enables developers to import, create, and deploy EVM based dApps. The RSK team will be hoping the $200k carrot it has proffered will tempt intrepid...

Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, shares his insights into the future scenarios for Bitcoin price movement as well as possible price swings of major altcoins.BTC and ETH are forming reversal patterns both on the RSI and the price charts. Of course, buying on the falling market is not always a good idea. To be sure, a buyer must see a breakout of the closest resistance lines. The other altcoins follow the leading assets but show no reversal patterns...

Bitcoin rose 10% in less than 10 minutes, causing $60 million worth of shorts to be liquidated.The sudden liquidation of large contracts fueled a spike to $7,800.Technical analysts remain cautious on the short-term trend of bitcoin.The bitcoin price surged 10% in just 10 minutes on Wednesday, lifting BTC as high as $7,800. The move liquidated $60 million worth of shorts on BitMEX in one of the strongest short squeezes in recent months. The bitcoin price jumped as high as $7,800 today. |...

After a few days of decreasing volatility, the price of Bitcoin noted a decent spike with 8% gains, roughly a $620 increase in a matter of minutes.As per the leading derivates exchange by volume, BitMEX, the price of Bitcoin reached a daily high of $7,800, while on Bitstamp it went as high as $7,775. Despite the massive surge, at the moment of this writing, the largest cryptocurrency has retraced to $7,500.The increase comes just hours after CryptoPotato mentioned the possibility of a huge...

3 December 2019: eToroX, the blockchain subsidiary of global investment platform eToro, today announced that the EOS cryptoasset is now available on the eToroX exchange.From today, EOS will be both a base and counter currency for trading pairs on eToroX, and can be traded against other cryptoassets, including multiple fiat stablecoins. The pairs comprise Bitcoin (BTC-EOS), Ethereum (ETH-EOS), Stellar (EOS-XLM), USD (EOS-USDEX), GBP (EOS-GBPX), and Japanese Yen (EOS-JPYX).With the launch of...

In what is seen as a paradox that has put many pundits on the edge, recent data indicates that XRP that is widely used by Ripple in its solutions is already less than one month away from being the worst-performing cryptocurrency token that is among the top ten in terms of market capitalization. Research indicates that coming up as a close second in this regard is Bitcoin Cash (BCH) which has lost 49% of its value since its all-time-high as against XRP’s 51%. XRP at the time of the 2017...

Last month in November 2019, crypto exchange Binance joined hands with smartphone manufacturer HTC for a special edition “cryptophone”. Dubbed as the HTC EXODUS 1 – Binance Edition, the handset integrates Binance’s proprietary blockchain network, the Binance Chain with HTC’s own native Zion Vault wallet app.As a result, the handset promises to support Binance’s decentralized exchange (DEX), the BNB token, preloaded DApps, etc. In the latest announcement, Binance has said that the...

Taking a contrarian view, Morgan Creek Digital co-founder and prominent personality in the crypto space Jason Williams has described the upcoming Bitcoin halving event as a non-event. He made this known in a tweet early this week. Unpopular Opinion –Bitcoin halving in May 2020 won’t do anything to the price. It will be a non-event.— Jason A. Williams ? (@JWilliamsFstmed) December 1, 2019While halving refers to the reduction by half of the Bitcoin rewards that are given to miners every four...