Crypto news

Bitcoin is continuing its price falls, and many analysts find themselves disagreeing over whether the currency will bottom out soon.Bitcoin: When Will the Drops Cease?Over the past two weeks, the world’s leading cryptocurrency has lost more than $2,000 in value. During the early portion of November, bitcoin was trading for well over $9,000 following positive blockchain comments from Chinese president Xi Jinping and Bakkt’s sudden surge in business.However, from there, the currency has...

It’s happened again, folks. Another person is now facing prison time for taking part in an alleged initial coin offering (ICO) scam that has seemingly cheated people out of their hard-earned funds.Why the ICO Is Not a Trusted Funding MediumMaksim Zaslavskiy – who hails from Sheepshead Bay in New York – has been sentenced to a year-and-a-half in federal prison by a Brooklyn-situated court for lying to investors that took part in his token sale. This is being reported as the first...

Well, bitcoin is struggling heavily as of late. The currency has dropped by more than $2,500 in the past couple of weeks, and it’s now trapped in the $7,000 range.Bitcoin: Still the “Go-To” Financial ToolAnd yet, many analysts say that investors are not likely to give up the currency altogether and will still flock to bitcoin and other forms of crypto in droves. Mike McGlone, a senior commodity strategist at Bloomberg, even goes so far as to say that bitcoin is no longer an object for pure...

SummaryTezos has been surging this month after increasing by 52% to reach the current price of $1.25.The momentum is certainly on the side of the buyers against Bitcoin.Tezos must pass a 7-month falling resistance line to be able to continue this bullish run higher.Key Support & Resistance LevelsXTZ/USDSupport:  $1.12, $1.06, $1.00.Resistance: $1.40, $1.44, $1.56.XTZ/BTC:Support: 0.000115 BTC, 0.00015 BTC, 0.000127 BTC.Resistance:  0.0001828 BTC, 0.000195 BTC, 0.000206 BTC Since our last...

A TV personality in China refused to accept 100 bitcoin for free in 2014.Five years later, he was again offered free BTCs but again, he refused.Bitcoin performs better than fiat currency in the four properties of sound money.If you were offered 100 bitcoin for free, would you hesitate to jump on the opportunity? Chances are, you won’t think twice to supercharge your stockpile of satoshis. With bitcoin trading around $7,000, 100 BTCs is worth $700,000 Well, a certain professor and TV host in...

Place/Date: SEOUL, South Korea - November 28th, 2019 at 2:30 pm UTC · 3 min read Contact: Fantom, Source: Fantom The agreement is signed on November 28, 2019 with the Afghan Ministry of Public Health for the use of Fantom’s smart contract platform in various critical public health initiatives. These include detecting counterfeit drugs, along with creating blockchain-based hospital medical records and electronic patient healthcare records.Counterfeiting in the pharmaceutical sector is a...

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysisBitstop is propelling the Bitcoin terminalsThe BTC will become successful only if it is used in real life — BakktOn W1, the Bitcoin keeps developing an impulse of decline inside the renewed channel. It seems that the market participants are playing the last quick growth balancing the price. Perhaps the new ascending impulse coming soon will not be as large, however, before that we will see the renewal of the minimum. The...

Ethereum (ETH), the largest altcoin by market capitalization, rose 4.5% at the time of publication, trading at $ 151.00. The total cryptocurrency market limit was $ 205.5 billion, due to losses that previously sent it below $ 190 billion.Ethereum value has been very missing recently in spite of strong establishments and a developing decentralized ecosystem. The second-biggest crypto resource on the planet is so miserably attached to its more seasoned siblings that it might take some time...

While major economies across the globe are pushing for blockchain adoption, Asia’s third-largest economy India is having similar plans. As per the latest report from India Times, the government of India is working on a national blockchain strategy.On Wednesday, November 27, the publication reported that India’s Ministry of Electronics and Information Technology (MeitY) is considering the application of blockchain technology across multiple sectors like banking, governance, finance,...

While most countries are struggling to understand and regulate cryptocurrencies, Germany might actually introduce them to the general public. A new proposed bill in the country suggests that as of next year, clients should be able to store Bitcoin and other digital assets directly in banks.Bitcoin Storage In German Banks?Germany might be on its way to lead in cryptocurrency adoption. A recent report shows that the country is looking to implement a new set of rules to benefit cryptocurrency...