Crypto news

In the past seven days, the bitcoin price (BTC) plunged from $10,100 to $7,736 in a steep overnight pullback that liquidated close to $800 million worth of long contracts on cryptocurrency margin trading platforms.The bitcoin price (BTC) dropped by more than $2,300 in the past seven days amid deep cryptocurrency market sell-off (source: Yahoo Finance)Holger Zschaepitz, a market analyst at Welt, said the week became worse for bitcoin as the 200-day moving average of BTC dropped for the first...

« Pour ce rendez-vous du mois de septembre, nous ferons un workshop, c’est-à-dire un atelier collaboratif. Certains viendront avec leurs ordinateurs portables et d’autres avec leurs questions ou les deux en même temps. En bref, de la pratique ? L’objectif sera de répondre aux questions de chacun. Par exemple :– comment créer un portefeuille Bitcoin ?– comment faire une transaction ?– comment...

Former U.S. Congressman and three-time presidential candidate Ron Paul will be headlining the Litecoin Summit. Paul will be sharing the stage in the luxurious Cosmopolitan hotel on the Las Vegas strip this October with Litecoin creator Charlie Lee and Morgan Creek Digital partner Anthony Pompliano.The LTC Foundation announced the surprise keynote speaker on Twitter Thursday:Cryptocurrency and PoliticsIn a CNBC Squawk Box interview this July, Ron Paul gave his enthusiastic endorsement to...

A recent Bloomberg report suggests that the central bank of Venezuela is looking to add both bitcoin and Ethereum to its international basket of currency reserves.The call for digital solutions was trumpeted by state-owned enterprise Petróleos de Venezuela S.A (PDVSA) which is apparently sitting on its own secret stockpile of bitcoin. The energy behemoth manages the country's vast oil and natural gas reserves.Four anonymous officials have confirmed PDVSA's request to store and use...

Well, well… The truth has come out. Despite Venezuela pushing for Petro adoption and allegedly threatening cryptocurrency miners, the country seems to have its own private stash of both bitcoin and Ethereum – and it has no idea what to do with it. Venezuela and Crypto: A Strange MixVenezuela has had a strange relationship with cryptocurrency. The country initially began pushing for widespread use of the Petro beginning in February 2018. The currency is allegedly backed by the country’s many...

Binance, one of the world’s leading cryptocurrency exchanges, on Thursday announced the launch its staking platform that will enable its users to earn cryptocurrencies for only depositing their funds on the platform.As per the announcement, the new platform is a value-added service that provides its users with a way of “earning staking rewards without the need to set up any nodes or worry about minimum staking amounts, time lengths, or any other technical requirements.”For a start, the...

A rather inspiring presentation from the head of Facebook’s Libra David Marcus seems to have inspired someone else as well and neither more nor less – Coinbase CEO himself. Yes, you’ve heard it right, Brian Armstrong came out as a real supporter of this, still developing stablecoin.The thing is that Libra is often represented as a project that carries labels such as “alienating”, “controversial” or even “poisonous”. Even though it still hasn’t come out at the light of the day, it has already...

Tom Lee of Fundstrat fame is back in the news, and he’s being very serious when he says the S&P needs to experience a breakout if bitcoin is going to gain its momentum back. Tom Lee: If BTC Is to Do Well, the S&P Must Do WellLee has commented about this in the past. He’s convinced that BTC and the S&P share some very strong ties, and when one drops, the other is sure to follow. As of late, there appears to be a hint of truth to what he’s saying in that as the stock market has...

Monolith, a project that makes it easier to spend ETH and ERC-20 tokens in real-life, announced Tuesday that it has partnered with Kyber Network (KNC) on numerous integrations.Monolith and Kyber Bring DeFi To The MassesAccording to the announcement, KNC can now be used to buy goods or services using Monolith’s Visa debit card. Monolith users are able to do this by exchanging and loading KNC onto their cards. Monolith users have the option to participate in voting and governance on KyberDAO...

Conspiracies concerning the manipulation of bitcoin futures may now have some grounds, as researchers claim to have found a "striking systematic trend" between BTC price action and futures expiry dates.Cries of foul play surrounding CME's bitcoin futures contracts are almost as old as the derivatives themselves. For months, the expiration date of the cash-settled contracts has inconceivably lined up with adverse price movements in bitcoin. Though purportedly coincidental, this occurrence has...