Eterbase — the leading EU-compliant cryptocurrency exchange — recently reported achieving the milestone of over $1 million in trading volume per day after transitioning the base trading pair on its exchange from its native XBASE exchange token to its anti-inflationary stablecoin, EURBASE. The shift has accompanied a 10X increase in trading volume on the exchange over the last 8 weeks. “All current assets of the exchange will be listed under EBASE markets,” detailed the Eterbase Medium blog...
Read More »The Year 2020 Cryptocurrency Outlook: Speculators Rely on Bitcoin ahead of Blockchain
Bitcoin comes first, ahead of blockchain, for speculators who look towards the year 2020 cryptocurrency situation. Its apparent several platforms have received support funds to create enterprise blockchains which mostly have launched out in 2019. However, the interest of speculators for such projects has waned out as they look towards fresh ideas on tokenization and cryptocurrency. This is a result of the shift in focus to the development of native cryptocurrency given rise to advancement in...
Read More »Zimbabwe’s Battle with Hyperinflation Highlights Desperate Need for Bitcoin
Zimbabwe rolls out new currency but limits weekly withdrawals. Hyperinflation makes it difficult for Zimbabweans to trust their government. Bitcoin appears to be the perfect solution as it eliminates the need to trust an authority like the government. In an effort to quell the effects of hyperinflation, Zimbabwe introduced the new generation Zimbabwe dollars. The Zimbabwean government, which plans to distribute one billion Zimbabwean dollars over the next six months, released the new...
Read More »Bakkt Will Offer Cash-Settled Bitcoin Futures to Singapore Before 2020
ICE Clear Singapore will be offering a new type of Bitcoin futures. Those are cash-settled ones, thus will also be available via ICE Futures. Venture funds from across Earth show their intent to work together with ICE‘s Bakkt too. Bakkt COO Adam White says that the new product is under discussion with the Monetary Authority of Singapore (MАS).When Bakkt first appeared on the horizon in 2018, it took almost a year to build their first product: physically-settled monthly Bitcoin futures. Their...
Read More »Wednesday Crypto Market Watch: Bitcoin Standing Still As Major Altcoins Surge
Bitcoin’s price movements have been rather bearish over the last few days. Yesterday, the largest cryptocurrency by market cap tried breaking up but got quickly rejected and recorded $8550 as of yesterday’s low.Since then, Bitcoin is slowly gaining momentum, and the coin is back at the past week’s consolidation range $8700 – $8800.As reported here yesterday, the $9,150 level that Bitcoin reached on Sunday and got rejected, was where the 4-hour MA-50 and the MA-100 met. Additionally, that’s...
Read More »Bitcoin Extortionists Hit Fortune-500 Mexican Oil Giant Pemex for $5 Million
Pemex is required to pay the Bitcoin ransom within two weeks or face paying double after. About 5% of the computers have been affected by the DoppelPaymer software. The oil giant’s billing systems are the most impacted and could lead to delays in paying salaries. The hackers who hit Mexico’s state oil giant Pemex earlier this week with ransomware are demanding hundreds of Bitcoin in order to provide the decryption software. According to Bleeping Computer, the ransomware used to target the...
Read More »Bitcoin Set For Bullish 2020: At Least According To The Difficulty Adjustments (Since 2011)
Bitcoin’s mining difficulty represents a number which regulates the overall time that miners must include new blocks to the blockchain. Historically, however, there’s somewhat of a pattern that might show a specific correlation between difficulty adjustments and the performance of Bitcoin in terms of price, and we might be on the verge of another bull run.Next Bitcoin Difficulty Adjustment Coming On November 21stWhen it comes to Bitcoin’s mining difficulty, its value is updated on a biweekly...
Read More »Cardano (ADA) Price Analysis: Struggling, Primed To Retest $0.0400
ADA price is facing a strong resistance near the $0.0445 and $0.0450 levels against the US Dollar.The price is likely to break the $0.0425 support and it could correct lower.There is a connecting bullish trend line forming with support near $0.0430 on the 4-hours chart (data feed via Kraken).The price could bounce back as long as there is no close below $0.0405 and $0.0400.Cardano price is currently correcting lower against the US Dollar and bitcoin. ADA price might extend its correction...
Read More »#748 Royal Bank of Canada Bitcoin Konto und Exchange, Digitaler Yuan anonym & Facebook Pay statt Libra
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 748. Heute geht’s um folgende Themen: Royal Bank of Canada will Bitcoin Konto und Krypto Exchange starten, China verspricht Anonymität beim digitalen Yuan & Facebook startet Facebook Pay. 1.) Kanadischer Banken-Riese will Bitcoin Bankkonto und Kryptowährungs-Börse an den Start bringenhttps://cryptomonday.de/kanadischer-banken-riese-will-bitcoin-bankkonto-und-kryptowaehrungs-boerse-an-den-start-bringen/...
Read More »Bitcoin Price Analysis: BTC Could Test $8.3K Before Recovery
Bitcoin price is currently under pressure below the $9,070 resistance area against the US Dollar.The price is holding the $8,600 support area, but it remains at a risk of more losses.There is a major bearish trend line forming with resistance near $8,900 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to break the $8,600 support area and it might soon test the $8,300 support.Bitcoin price is showing a few bearish signs below $8,900 and $9,070 against the...
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