Tag Archives: AA News

Softbank, one of the popular banks in Japan, has announced the introduction of a new type of debit card for its clients. Reportedly, the bank will start providing debit cards equipped with Internet of Things (IoT) chips, and it would be usable as a cryptocurrency wallet as well.Softbank Launches Cryptocurrency Debit CardThe popular Japanese bank, Softbank, announced today a new debit card that seeks to implement cryptocurrencies into traditional market products. As with any regular debit...

Last week was quite impressive for Bitcoin as the cryptocurrency recorded a bullish reversal from a low of $6,750 to $7,800 in two days. The bulls were unable to defend the new region, swinging the price back to $7,230 during today’s early hours.Bitcoin is currently down about 1.29% on the day as it trades at around $7,316 at the time of this writing.BTC/USD. Source: TradingViewThe altcoin market, on the other hand, is in a mixed state as some cryptocurrencies are recording slight gains while...

The largest cryptocurrency exchange in the U.S., Coinbase, reportedly holds the biggest amount of bitcoins. It has 966k BTC, which is a substantial lead over the other exchanges, as per a recent report. BitMEX and Bitstamp are completing the top three, with 265K and 229K respectively.Coinbase Stores The Most BitcoinsThe largest US-based cryptocurrency exchange, Coinbase, stands alone in an intriguing statistics regarding Bitcoin storage. Established in 2012, the exchange has accumulated over...

Litecoin, one of the most popular cryptocurrencies aside from Bitcoin, is noting a recent severe crash in its hash, almost reaching the 2017 levels.This decline comes just months following the 2019 Litecoin halving event. It raises the question among the community if Litecoin’s network can be jeopardized more easily if the hash rate continues to drop.Litecoin Hash Rate PlungingLitecoin’s hash rate is declining violently over the past six months. The all-time high was reached during the recent...

The CEO of Bakkt, Kelly Loeffler, is reportedly going to take the seat in the U.S. Senate for the state of Georgia. Governor Brian Kemp is set to choose the businesswoman rather than President Trump’s choice – U.S. Rep. Doug Collins.Bakkt CEO In U.S. SenateGovernor Brian Kemp appears to be clear with his choice for the U.S. Senate seat after months of anticipation and discussions. The state of Georgia will reportedly have the CEO of Bakkt, Kelly Loeffler, taking the hot seat. While this might...

Bitcoin has been around for more than a decade now. However, it’s safe to say that it gained mass attention at the end of 2017, following its unparalleled price increase to $20,000.In any case, the cryptocurrency has its fair share of proponents and early adopters – people who have been involved with it far before the events of 2017. Bitcoin brings forward quite a lot of benefits, especially when compared to traditional fiat currencies, and it’s nothing short of intriguing to find out what is...

It has been an exciting week for Bitcoin. Volatility is back as the price went on a rollercoaster throughout the past seven days. The cryptocurrency started the week trading at around $7,150, dropped to a low of about $6,600 only to recover get up to $7,800. However, throughout the volatile month of November, Bitcoin lost upwards of $1,500 of its value.At the same time, despite Bitcoin’s violent price action, its dominance index remained flat around 66%. This means that altcoins managed to...

The monthly Bitcoin Futures Contracts of CME Group are set to expire today, as it’s the last trading Friday of the month. With the recent volatility, the volume of BTC futures contracts has also been on the rise at CME, as it hits the highest number in the last month. Meanwhile, Bitcoin has been on the rise in the past 24 hours just before the contracts are about to expire.CME Group Bitcoin Futures To Expire TodayAccording to the contract specifications, the cash-settled Bitcoin Futures on...

After days of uncertainty and rumors among the community, the Chinese exchange IDAX Global confirmed that the CEO has disappeared. As a result, withdrawal processes are still not functioning after initially being stopped earlier this week.IDAX Global CEO DisappearsIDAX Global cryptocurrency exchange was the subject of a fair share of negative news over the last several months. After reportedly leaving the U.S. and Canada due to strict regulations, the company had to stop serving users in its...

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...