Chinese crypto mining giant Bitmain has announced a few changes to its current sales methods that are geared at improving profits for the company but also making things a lot easier for its many customers. Bitmain recently lost some part of its market share as well and has decided to make these moves as a way to rectify its market recession.The announcement was made by Jihan Wu who is now Bitmain’s only chairman and CEO after the unceremonious exit of Micree Zhan recently. Speaking at an...
Read More »Amazon Allegedly Lost $10 Billion JEDI Contract Due to Trump Interference
According to the latest reports, Amazon alleges that it lost out on a $10 billion defense contract since one person hated the company: President Donald Trump. The ‘improper pressure’ and behind-the-scenes attacks by the president harmed the company’s chances of getting this contract. The Pentagon gave the controversial cloud computing contract to Microsoft in October. Amazon appealed the decision practically immediately.In a redacted complaint from a previously filed lawsuit, Amazon explained...
Read More »Dubai-Based Crypto Exchange BTSE Plans to Raise $50 Million Using Bitcoin Sidechain Liquid
In what seems like a plus for the cryptocurrency community, Dubai-based cryptocurrency exchange BTSE has decided to raise $50 million of its token come March 2020. Sources also further indicated that the exchange plans to issue a total supply of 200 million tokens in the due course of time at $1 each and then to buy them back and burn 100 million. The pitch deck for the offering reads:“Funds raised will be allocated toward user acquisition to increase overall platform revenue, platform...
Read More »Bitcoin Currently Stuck in Bearish Pattern, Breakout Expected
Bitcoin is not only the largest digital asset in the crypto market by market cap, it’s also one of the most profitable as it has been returning consistent profits for its hodlers and investors over the years. The asset’s popularity also ensures that it’s consistently being talked about, with various price predictions and analysis posited by several analysts and strategists. One of such from Bloomberg shows that Bitcoin’s near future isn’t looking very great.Bitcoin at press time is trading...
Read More »” Bitcoin Mixer IO, Emerges as a Solution to Help Secure Cryptocurrency Transactions from Hackers.”
Recently, Bitcoin Mixer, a service that guarantees the anonymity of Bitcoin blockchain transactions, with a minimum fee has attracted attention.It’s easy for many people to think Bitcoin Transactions as anonymous, but it’s not that difficult to link a Bitcoin wallet with the owner’s identity within the crypto space.As a result, during the cryptocurrency trading, not only the owner but also the exchange can expose all the transactions on the blockchain within the risk of malicious hacking,...
Read More »Tron (TRX) Price Analysis: Bears In Control, More Losses Likely
Tron price is currently trading well below the $0.0150 and $0.0155 resistances against the US Dollar.TRX price is struggling to stay above the main $0.0142 support area.There is a major bearish trend line forming with resistance near $0.0152 on the 4-hours chart (data feed via Bitfinex).The price remains at a risk of more losses towards the $0.0131 and $0.0130 support levels.TRON price is showing a few bearish signs against the US Dollar and bitcoin. TRX price could decline further towards...
Read More »MATIC Token Price Tanks 70% in Flash Crash, Company Issues Clarification
It has turned out to be a horrible day for Matic (MATIC) token investors as the token price has crashed over 70% in a single hour. Today, December 10, the MATIC price has hit a low of $0.012 before partially recovering, as per the chart on CoinMarketCap.Popular crypto traders and analysts took it to Twitter talking about this carnage.Crypto. The stuff of dreams and nightmares. $MATIC was up 180% in two weeks before crashing 70% in an hour. pic.twitter.com/zo9LzP80L8— Alex Krüger...
Read More »#768 Bitcoin Kapitulation, Ethereum Istanbul Hardfork live & Test digitaler Staatswährung China
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 768. Heute sprechen wir über folgende Themen: Wie wahrscheinlich ist eine endgültige Bitcoin Kapitulation, Ethereum Istanbul Hardfork live & Test digitaler Staatswährung in China bis Jahresende. 1.) Für Bitcoin geht’s jetzt um alles: Wie wahrscheinlich ist eine endgültige Kapitulation?https://coincierge.de/2019/fuer-bitcoin-gehts-jetzt-um-alles-wie-wahrscheinlich-ist-eine-endgueltige-kapitulation/...
Read More »Blockchain-Based Collectible Coins Announced by Lithuanian Central Bank
According to the press release, the Bank of Lithuania wants the youth to buy collectible coins that remind them of history, money and virtual tech. That’s why the newly prepared coins will live both on a blockchain and in real life. The physical copies will contain signatures of people standing behind the local Act of Independence from 16 February 1918.Per Marius Jurgilas, the Board member of the BoL:“This innovative coin will feature the signatories due to their significant role in the...
Read More »Ethereum Price Analysis: ETH Is At Major Crossroads
Ethereum price is facing a significant resistance near $152 and $158 against the US Dollar.ETH price is currently trading just above the $145 and $143 support levels.There is a major contracting triangle forming with resistance near $151 on the 4-hours chart (data feed from Coinbase).The price could start a strong upward move once it breaks $151 and $152.Ethereum price is trading in a contracting range against the US Dollar. ETH/USD needs to gain strength above $152 to start a solid upward...
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