Crypto news

Recently, the crypto community has been observing the rapid growth of Bitcoin prices. Besides, gold is also enjoying a price increase. As Galaxy Digital CEO and founder Mike Novogratz believes, this good performance is a result of the U.S.-Iranian conflict. At the very beginning of 2020, the U.S.-Iranian conflict escalated. As a result, fears of a new war raised. The current political uncertainty has led to Bitcoin surging by more than five percent several hours after the U.S. airstrike...

The Qatar Financial Centre (QFC) said that locals will not be eligible to use virtual assets of any kind (including, but not limited to cryptocurrencies) in 2020.Officials: Anything of Value Can be Considered as CryptocurrencyFinancial regulators of Qatar didn’t see much positive in the blockchain technology over the past years. This is seen from the intent to ban cryptocurrency usage in the country. But not only cryptocurrencies – the new law will mark as prohibited anything “of value that...

Bitcoin corrected by over 50% from the 2019 high of $13,880. With the retracement in the last six months, some analysts believe that the bottom is in. The number one crypto is flashing accumulation signals convincing popular traders that the cryptocurrency has turned bullish in 2020. Bitcoin may have started 2019 strong but ever since it posted a high of $13,880 in June, the top cryptocurrency has been correcting. It dropped to as low as $6,425 in December. At that point, bearish calls for...

Telegram has released an official notice about its TON blockchain and Gram tokens. The blog post on the company’s website includes important details about what should be expected by the Telegram community.Telegram has been embroiled in a legal battle with the SEC over several details regarding its Gram tokens. The scuffle between both parties is still quite heated and doesn’t seem to be nearing a resolution anytime soon. Regardless, Telegram decided to make a few things clear as the community...

The issue of regulation for Bitcoin in Turkey is believed to be just a matter of time. Turkish regulators, the Capital Markets Board, want to take a deep look into what cryptocurrency exchanges are doing. The risks of regulating this industry are big, but the government will try to control everything. Despite the cash is as useful among criminals as cryptocurrencies, the regulators want to impose hardcore checks on crypto transactions taking place in Turkey.Considering the anonymous nature of...

Political hopeful John McAfee poo-poos penis party promise. Says his ruse onboarded more users to the cryptocurrency space. Claims to have sired over 100 children. John McAfee reneged on his promise to eat his own genitalia if Bitcoin didn’t top $1 million by the end of 2020. In doing so, did the renegade, sea-bound (self-proclaimed) political candidate just give us a first taste of a McAfee presidency?In 2017, candidate McAfee promised constituents he would devour his own penis if Bitcoin...

Binance was on a roll in 2019, and it doesn’t appear to stop this year with new features on its platforms. The company recently announced that it will add XRP/USDT as a new perpetual contract trading pair, and the leverage will be up to 75x. At the same time, the price of the third-largest cryptocurrency surges with over 9% in the last 24 hours.Binance Futures Adds XRP/USDTThe Maltese-based popular exchange Binance, announced earlier today the addition of the newest trading pair on its...

Financial institutions in South Korea may soon be able to launch Bitcoin derivatives and other crypto-based products as part of the country’s effort to make crypto a legal asset.The South Korean presidential office of the 4th industrial revolution Commission published a document advising the Korean government on some policies they could use as a roadmap to institutionalize cryptocurrencies, according to Business Korea, on Monday.The Commission suggested that the Bitcoin should be listed...

The number one digital coin in the world, Bitcoin, is consolidating with the latest price increase past the $7,500 level as we approach the key barrier level of $7,600. Currently, Bitcoin is trading above the price level of $7,500 mark, with a further breakthrough above the last critical barrier that could be challenged near the $7,600 area. After this the coin will accelerate its bullish momentum as soon as the aforementioned resistance becomes clear. All eyes remain on the threshold of...

It didn’t take long for several industries to discover the sheer benefits of leveraging on the blockchain technology. Real estate – unarguably one of the world’s oldest industries is already experiencing disruption from one of the world’s newest – the blockchain technology.The real estate industry is becoming a cash cow for many nations driven by the private sector economy. The total global real estate valuation comes to a whopping $217 trillion total, and residential property makes up about...