Crypto news

Last week, Live Bitcoin News reported on a story involving a cryptocurrency exchange known as Dunamis Coins Resources Limited, based in Uganda. The exchange was under fire from users who say they were duped into providing money to the business as part of a shady job application process.Case of Uganda Exchange Grows LargerThe exchange was requiring all those interested in seeking consideration for its crypto and blockchain-based jobs to donate $5. The trouble was that about a month later, the...

Mit Kraken bietet erstmals eine der ganz grossen Bitcoin-Börsen das "Staking" an. Früher konnte man mit Bitcoin Mining Geld verdienen. Man brauchte dazu lediglich eine gute Grafikkarte. Heute ist das Mining kaum mehr profitabel. Man braucht spezielle Hardware und vor allem eine extrem günstige Stromquelle. Als Privatanwender ist Mining daher uninteressant geworden. Es gibt aber eine neue Methode, die immer populärer wird: Das sogenannte...

New cryptocurrency “Designed for 10,000x Returns” draws crypto community ire. Critics say the coin’s creator will hold 45% of the entire coin supply after the first year. Not a Ponzi, not a pyramid – a new breed of scam coin. A new cryptocurrency is attempting to pick up where BitConnect and OneCoin left off – enter HEX (formerly BitcoinHEX). According to the HEX.win website, HEX has been “designed for 10,000x returns”. While you ponder why your own favorite cryptocurrency wasn’t designed...

According to crypto analyst “Dave the Wave,” bitcoin’s price could reach $170,000 by the year 2028.Dave the Wave: The Big Numbers Are ComingAt first glance, the news is a little disappointing. For one thing, many people – including venture capitalist Tim Draper – are predicting larger prices for bitcoin within shorter timeframes. In the past, Draper has gone so far as to say that BTC would reach $250,000 by the year 2022. This was later switched to the year 2023, but even still – that’s a...

It’s no secret that billionaire Mark Cuban is not a huge fan of bitcoin or cryptocurrencies. Now, however, he appears to be taking his criticism to an even higher level.Mark Cuban Still Isn’t Cool with BTCCuban recently commented that bitcoin could never be “used as a reliable currency.” Among his main points is that bitcoin, at the time of writing, is considered more of a “collectible” that actual money. People collect units of BTC as a means of expanding their wealth. It’s more of a...

According to a popular monitoring resource, the number of new addresses on Ethereum’s blockchain shares a very similar pattern with the ETH price most of the time. Lately, however, the price is taking the lead.Correlation: ETH Price And New Ethereum AddressesThe popular cryptocurrency monitoring resource TokenAnalyst has presented interesting findings regarding the number of new addresses on Ethereum’s blockchain and their correlation to ETH’s price.We were playing around with our API and...

Ethereum’s search decline is slightly worse than Bitcoin’s. Roughly 96% of search interest originating from the United States has disappeared. A glance at ETH’s developer count reveals a silver lining for Ethereum. Nearly two years on from Ethereum’s all-time high, Google search interest for the No.1 altcoin has plunged 96%. Ethereum Popularity Nosedives Along with the ETH Price Search interest for the most well-known alternative to Bitcoin peaked during January 2018’s bull-run. The price...

Sports footwear and apparel company Nike announced it has been given a patent to tokenize its shoes on the Ethereum blockchain.In a document posted on the U.S. Patent and Trademark Office on December 10, Nike stated that its plan to generate unique IDs and create ERC 721 tokens for some shoes, dubbed CryptoKicks.When buying shoes, people will be able to “unlock” these tokens and then link them with unique owner IDs to confirm ownership. The token will not be used only as a representative of a...

Based on the recently revealed information, we all can make a conclusion about the passion of the second-largest bank by assets the Chinese Construction Bank (CCB) to blockchain. Sources indicate that CCB has introduced a refactoring platform that is to run totally on its own blockchain. The platform is aimed at corporate clients in the business of factoring and its goal is to improve operations and reduce risks and costs at the same time.Factoring is a fund-raising model where invoices from...

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.Judging by the charts of the main crypto instruments, the bears are still at the wheel. However, it should be noticed, that the angle of the decline is becoming less and less steep every day, which means a certain weakening of the trend. The picture on the charts may be hinting that the long but...