Crypto news

Recently, Live Bitcoin News reported that many members of the crypto community were suspicious of a $1,000 surge incurred by bitcoin, the world’s leading cryptocurrency by market cap. It has now been stated that the surge was no doubt the result of a bitcoin whale moving money between accounts with Bittrex, one of the world’s top cryptocurrency exchanges.Bittrex at the Head of Whale ActivityBitcoin and cryptocurrency whales can have serious effects on the industry. A whale is someone who...

According to a new report, BNB – the official cryptocurrency of digital exchange Binance – is outperforming bitcoin as of late.BNB – The Industry’s Strongest Coin?Bitcoin has been on something of a weak roll over the past few months. Things ultimately took a nasty turn for the currency in late September when Bakkt – the institutional crypto trading platform owned and governed by the Intercontinental Exchange (ICE) – opened its doors to rather lackluster reception. Following 12 months of hype...

Several Chinese nationals have been arrested in Thailand and are under suspicion of being involved in an international cryptocurrency scam.Cryptocurrency Attracts More Crime in ThailandRoughly 24 people are now in police custody. All were allegedly part of an organization that targeted investors in China through a cold-calling scheme that persuaded them to purchase “bitcoin at inflated rates,” according to law enforcement officials. All were arrested in a rented office known as “Galaxy Place”...

The last days saw Bitcoin trading under a tight range of $300, between $7300 and $7600.The good news is that Bitcoin is finally trading above the confluence zone of $7300 – $7400, along with the 4-hour MA-50, which was mentioned here more than once.Besides, the RSI is showing strength due to the negative divergence shown on both the following charts.However, Bitcoin is now facing a critical decision as the coin reaching a mid-term descending trend-line. This can be seen on both the following...

There are many ways in which cryptocurrency trading resembles the traditional ones, but there are just as many differences, as well. That’s why it’s possible to use regular definitions, but they need to be appropriately adjusted and related according to the specifics of cryptocurrencies.Price gaps, for example, are something seen quite regularly within traditional markets, and we can already see them becoming a factor to consider when it comes to Bitcoin price analysis as well.What Are Price...

Great news for the Ethereum community: the network’s Istanbul improvement has been successfully completed. Expected to increase the speed of the Ethereum network and its gas efficiency, the hard fork was activated at block number 9,069,000. #Ethereum's #Istanbul network upgrade is now live! Congratulations to everyone who worked to make it happen. Want to learn more? Check out details on Istanbul's included changes here: https://t.co/KIMLb0ujce — Ethereum (@ethereum) December 8, 2019...

Ethereum, one of the world’s most popular networks for the deployment of smart contracts and development of decentralized applications (DApps), has undergone a hard fork. Dubbed ‘Istanbul,’ the system update adds new features and improvements to the existing solution.Ethereum’s Istanbul Hard Fork Goes LiveEthereum’s network underwent its long-awaited hard fork called Istanbul. It took place at block number 9,069,000, and it represents the third network-wide upgrade in 2019. Interestingly...

After in September, Bakkt’s physically-backed Bitcoin futures platform finally started its work, a lot of crypto believers wondered what is next. Well, there is something. The U.S. Securities and Exchange Commission (SEC) recently approved a new investment fund that will invest in Bitcoin futures contracts. The registration statement filed by Stone Ridge Trust VI for the NYDIG Bitcoin Strategy Fund began with its work on Monday after the company, already in October filed Form N-2 with the...

Smashboard is a blockchain-enabled app that plans to help sexual abuse victims in India. The app plans to reduce the trauma that’s associated with reporting incidents. Smashboard plans to add more features to help victims in the future. The Me Too movement in India gained steam last year when popular figures decided to come out with their stories of sexual abuse by those in positions with power. The movement spurred a series of anonymous testimonies from victims of sexual abuse in India...

A cryptocurrency exchange in Uganda is taking a lot of flak for potentially stealing users’ money.Uganda Is Home to a Crypto ScamThe exchange appears to have set up a phony job search in which several people within the country who may have been looking for jobs either in the cryptocurrency or digital tech fields were asked to apply. As part of the application process, they were required to donate more than 20,000 Uganda Shillings (worth approximately $5 in USD).The trouble is that the...