Crypto news

To say that Craig Wright has been a controversial figure in the cryptocurrency industry would be something of an understatement. To say that he’s a man who’s sought to turn the space upside down would probably be more accurate to some analysts and observers.Wright: Nobody Can Touch My CoinsWright recently emerged to say that his alleged bitcoin fortune – which may or may not exist – is likely to remain locked for some time. Recently, a lawsuit outcome required that Wright forfeit roughly $3...

Google and bitcoin have never gotten along. The cryptocurrency has always appeared dangerous to the world’s largest search engine, which previously banned cryptocurrency ads in early 2018, though that ban later came to an end before the year was out.Google Still Hates CryptoNow, the parent company of Google – known as Alphabet – has taken the liberty of targeting those who post videos and content related to cryptocurrencies on YouTube and is removing these videos without an explanation. Many...

Swiss outgoing President and Finance Minister Ueli Maurer said on Friday that Facebook’s Libra project “failed in its current form and needs reworking to be approved.”He said:“I don’t think Libra has a chance in its current form, because central banks will not accept the basket of currencies underpinning it. The project, in this form, has thus failed.”Regulators all over the world have been worried that Libra would possibly increment the risk of money laundering and criminal actions through...

Interest in cryptocurrencies, especially bitcoin, in Latin America is on the rise as popular bitcoin Peer-to-Peer trading platform LocalBitcoins has been recording tremendous surges in its weekly BTC trading volume in Venezuela and Argentina. P2P Bitcoin Volume SpikesData from CoinDance, a crypto statistics platform, reveals that there was a spike in trading activities on LocalBitcoins last week, leading to a new all-time high in the weekly trading volume of Bitcoin in the local currencies of...

Peter Schiff found another reason to take a shot at bitcoin. Bitcoin supporters took the gold bug’s latest criticism with a pinch of humor. There’s no denying the fact that the top cryptocurrency is the best-performing asset of the year and the decade. Peter Schiff has once again caught the attention of Crypto Twitter (CT) when he talked about bitcoin.The 56-year-old gold bug has a penchant for taking a swipe at bitcoin whenever an opportunity presents itself. On Friday, the chief executive...

Ripple, the company behind the third-largest cryptocurrency XRP, will be reportedly expanding its presence in Brazil. Just months after it launched new operations in the country, Ripple is expected to announce new partnerships with other major institutions, such as digital banks.Ripple Expands Brazilian InfluenceRipple is planning to expand its presence in Brazil with new significant partnerships next year, according to a recent report. It states that after signing previous deals with large...

Place/Date: - December 28th, 2019 at 9:49 am UTC · 4 min read Contact: LUMI, Source: LUMI Photo: LUMIThis was a hot year for crypto, with BTC surging up from the pit it was in at the beginning of the year to a stable $7-8k by the end, rapidly developing altcoins and the rapt attention of governments and users. It is early to speak about mass adoption, but the fact that crypto is in our lives to stay is undeniable.Lumi Wallet wasn’t an exception as 2019 was a challenging and productive year...

Over the past three days, despite that most of the traders are off on vacation, we could see a nonsense trading around the $7200 BTC mark.The following daily chart tells the short-term story: throughout the month of December, Bitcoin can’t get over the green resistance line – including the latest tryout two days ago at $7430.From below, despite one fake-out which got quickly corrected, the yellow ascending trend-line is supporting Bitcoin since April 2019. The last attempt of the line took...

This year was pretty good for one of the most famous world’s billionaires. However, the whole decade seems to finish even better. Take Warren Buffett for example. He is ending the year with a net worth of approximately $89 billion, up around $42 billion since 2010 and making him the seventh-biggest billionaire gainer of the past 10 years. Let it also be known that the Oracle of Omaha never sold any Berkshire Hathaway, and about 98% of his fortune is made up only of the company’s shares.But,...

No doubt Ethereum (ETH) is a hardcore crypto asset that’s not to be messed with. It’s the second-largest cryptocurrency by market cap, and it holds its ground over the likes of Ripple (XRP), bitcoin cash (BCH), EOS (EOS) and Litecoin (LTC).Ethereum Still Has Some IssuesBut even top products and companies appear to suffer from time to time, and Ethereum is no exception. The company recently announced that it was having to cancel out several jobs in both the Philippines and India. While it’s...