Crypto news

Peter Schiff, a popular economist and financial broker, as well as a recognized author, has said that Bitcoin’s price will never reach $100,000. He also stated that Bitcoin’s pump is “finally over” and warned for an incoming dump.Bitcoin’s Price Will Never Reach $100,000It’s not uncommon to see quite a lot of predictions coming from a range of different people within and outside of the cryptocurrency community, especially when it comes to Bitcoin’s price. Some of them are optimistic, while...

Photo: CoingamingCoingaming, a software provider for white-label Bitcoin casino solutions, is glad to announce a Last Man Standing contest that the company has recently run on its crypto sports bookmaker Sportsbet.io. The event is being held to celebrate the addition of TRX crypto on all Coingaming’s brands. While predicting sports outcomes, all participants have a chance to win 1 Million TRX, that the company aims to grant one lucky punter with most correct forecasts.Based in Tallin,...

Bitcoin’s price finally made a move yesterday, losing around $800 of its value at one point. This came after a few days of consolidation and sideways trading, but could have it been expected? Interestingly enough, BitMEX, the most popular Bitcoin margin trading exchange, recorded an inflow of $28 million worth of BTC in the last 24 hours.BitMEX BTC InflowBitMEX, one of the most popular Bitcoin margin trading exchanges, has recorded a serious inflow of $28 million in the last 24 hours,...

It’s a big win for Chinese tech giant Tencent as Hong Kong’s top-most regulator – Securities and Futures Commission (SFC) – has recently granted them a new license to open a virtual bank.On Friday, November 8, speaking at the World Blockchain Summit in Wuzhen, China, Tencent’s chief of blockchain division – Yige Cai – said that his company has received a go-ahead from the SFC to open blockchain-based virtual banking system in the country.Although not many details of the bank’s launch are...

Yesterday, Bakkt set a new record high just as the Bitcoin price fell as it’s wont to do. While the two events are relatively normal individually, it’s somewhat interesting that they happened around the same time, with the new Bakkt record coming in just as Bitcoin fell. What are traders thinking?Last year, the Intercontinental Exchange (ICE) announced its plans to float the Bakkt platform, the first-ever platform that would settle Bitcoin futures contracts physically. The anticipation began...

Just a quick weekend update for Bitcoin price following the break-down of the triangle we had pointed out two days ago, along with the significant key-support area of the 200-days moving average line.Two days ago, I warned here that Bitcoin is at short-term risk. As can be seen, Bitcoin didn’t hold support for the fifth time, and violently broke down. This resulted in a 48-hours $800 drop. On the following charts, you can see the moment BTC broke down roughly at $9150, followed by substantial...

Not long ago, it was reported that a user of the cryptocurrency trading platform Bitfinex was responsible for the manipulation that ultimately caused bitcoin to reach the $20,000 mark in December of 2017. However, the company is now rejecting this report, saying that it was built on false evidence and a “house of cards.”Bitfinex: The Report Is Not TrueThe report was co-authored by John Griffin, a University of Texas finance professor who issued a separate report last year first making claims...

A Canadian cryptocurrency trading platform known as Einstein Exchange is being invested by local law enforcement after it mysteriously shut down, leaving several customers unable to withdraw their funds.Einstein Disappears, Leaving Customers BehindAfter repeatedly emailing the exchange regarding why withdrawals were taking such an unusually long period of time, one user recalls receiving the following message:As you have been told several times by several team members, by constantly emailing...

CannaCor (Pty) Ltd is a company licensed as a prohibited drug operator. With over 50 000m2 of acquired land in Berea, Lesotho, the company will dedicate the land to the greenhouse or indoor cultivation of Cannabis. This company aims to become one of the top players in the industry, currently licensed and compliant with regulations to provide services in Canada, Europe and other global markets from this facility.The medical cannabis cultivation is a growing industry, with many countries...

Bitcoin is mentioned in the Late Show with Stephen Colbert. Colbert also talks about blockchain. The crypto community loved the sketch. Bitcoin is once again getting mainstream media exposure as it was mentioned in the “Late Show” by its host, Stephen Colbert. Mainstream Media Exposure During the latest episode of the Late Show Thursday night, Stephen Colbert made some jokes mentioning bitcoin and blockchain as he referred to a clip of President Donald Trump in Louisiana. Trump held a Nov....