Crypto news

Jed McCaleb is the co-founder and CTO of Stellar, a top 20 cryptocurrency and primary competitor to bitcoin. In a recent interview, McCaleb explains how he got his start in the crypto industry, and what it was about the space that attracted him.MCCaleb: I was Interested in BTC Because It Was a DisruptorMcCaleb comments that he’s fond of crypto in that it works to defy and disrupt traditional finance, which he says doesn’t always work for everyone. Describing his feelings when he first found...

Tim Draper has always been a huge bitcoin advocate, but in a recent interview, he explains why he’s so convinced BTC is headed for the stars and beyond.Draper Says the Lightning Network Will Do Great ThingsIn the past, Draper has stated that bitcoin is likely to hit $250,000 by the time 2022 rolls along. He later altered his prediction a bit to suggest that this figure would instead be reached in the early months of 2023, thereby pushing things back somewhat. However, he stands by his...

Bitcoin hater Peter Schiff believes that speculators will start dumping bitcoin after the pot stock crash. The crypto asset and pot stocks do not have a correlation. Schiff’s argument stands defeated given that the two assets have entirely different characteristics. Peter Schiff doesn’t like bitcoin. He gets really happy whenever the price of the flagship cryptocurrency takes a hit. In fact, the market bear does not let go of any opportunity to take a swipe at the crypto asset, hoping that...

Die Finanzmarktaufsicht in Deutschland warnt erneut vor Scamern. Dieses Mal betrifft es ein CFD-Portal aus Bulgarien, welche ebenfalls Differenzkontrakte auf Digitale Währungen anbietet. Dass CFD-Portale oft unseriös sind, ist nichts Neues. Meist werden Auszahlungen nur verzägert getätigt oder der Kunde erhält gar nie eine Auszahlung. Aktuell warnt die BaFin alledings ganz gezielt von einem Anbieter...

Protesters take over the streets of Iran after the government announced dramatic fuel price hikes. The regime has blocked internet access and closed its Iran border. Iranians are facing a dire situation which will likely force many to resort to a currency that offers a safe and portable store of value, such as bitcoin. Civil unrest erupted in Iran as protesters took to the streets to express their anger over the government’s decision to ration gas and increase price by at least 50 percent....

Bitcoin saw the light of day a decade ago, and since then, it attracted serious interest in the financial sector. Even though a lot of people use it mainly to get exposure to its price denominated in fiat currencies, there are a lot of businesses that accept Bitcoin as a payment method.Traveling With BitcoinBack in 2013, the popular American travel agency Cheapair began accepting Bitcoin as a means of payment. This led to other companies implementing it as well, and now clients can use their...

[PRESS RELEASE]Derivatives Exchange Bybit will be launching the inaugural global ‘BTC Brawl’ Trading Competition. The competition will run from 28 November to 13 December 2019.The Bybit Games are back, and this time it’s bigger than ever! Come 18 November 2019, registration for the latest instalment of Bybit’s hugely popular trading competition, dubbed – BTC Brawl, will kick-off. Unlike previous editions, this upcoming one promises to be a real global spectacle of epic proportions. As you can...

Over the past week, we didn’t see much volatility on behalf of Bitcoin; However, the cryptocurrency’s price was slowly losing momentum from day-to-day.The current weekly low is approximately the crucial support level of $8400. This was recorded twice – this morning and two days ago. It is not a coincidence, as this is also the ‘bottom’ of the bull falling wedge pattern Bitcoin had built throughout the past two weeks or so.The apex of this wedge is expected to take place around November 21,...

Many of the people working in the cryptocurrency industry had a negative banking experience. Some were prevented from accessing their funds while others lost their accounts. It’s no surprise that many people are working hard to disrupt the banking industry. Many of today’s leaders in the cryptocurrency space were victims of poor banking. To some, the experience was so bad that they are now spearheading the disruption of the banking system. For instance, Changpeng Zhao, chief...

The crypto world is seeing a huge influx of gold-backed stable currencies, and now Tether is adding a new one to the mix.Tether Is Getting Involved in GoldThe world could see the new “Tether Gold” cryptocurrency by the time Christmas rolls around this year. What is it about Christmas that seems to bring either great renown or floor-scraping gutter waves to the crypto space?Remember in 2017 during the holiday season when the number one cryptocurrency by market cap (we’re talking about bitcoin)...