Tag Archives: AA News

At the current rate, we can expect the 18 millionth Bitcoin to be mined. This will leave only 3 million more to mine. With the Bitcoin halving approaching quickly, it’s perhaps time to appreciate one of the most predominant qualities of Bitcoin, namely, its digital scarcity.18 Millionth Bitcoin MinedBitcoin’s history begins a little over 10 years ago. For that short period of time, it’s close to reaching more than 85% of its total supply. Satoshi Nakamoto, the inventor of the protocol, has...

Just a few hours ago, Bitcoin’s price plunged from about $8070 down to $7840 in a shattering red candle. Interestingly enough, a massive BTC transaction to Binance took place hours before the dump. 10,000 bitcoins were sent to the exchange, worth more than $80 million.Bitcoin’s Price Below $8,000Bitcoin’s price plunged below $8,000 a few hours ago, going down to as low as $7,840. The decline was quick and definitive in a sudden red candle.At the time of this writing, Bitcoin is trading at...

Cryptocurrencies are becoming more widely discussed – and regulated – in a broad range of countries, including Turkey. A few months ago, the country announced plans to implement a central bank digital currency based on blockchain technology. Huobi, one of the more popular cryptocurrency exchanges, is looking to strengthen its already strong Turkish presence. CryptoPotato recently had the chance to conduct an exclusive interview with the exchange’s CEO Livio Weng.Cryptocurrencies in...

John McAfee – some see him as a legend, some see him as the most controversial figure in the crypto space. For sure, books will be written about his past decade: from his time in Belize to the prison in Guatemala, his US presidency campaign and his endless activities surrounding the cryptocurrency space.This interview was supposed to be conducted live at the recent Blockchain Cruise back in June. However, John McAfee couldn’t attend since he was in jail at the time.So he spoke with us...

Binance, the world’s leading cryptocurrency exchange, has completed its 9th quarterly burn of Binance Coin (BNB). The event saw upwards of two million tokens, worth more than $36 million. This number represents 20% of the company’s quarterly profits. Naturally, as the burn takes place and it eliminates BNB from circulation, the price might react, but will it?Binance Burns Two Million BNB Binance has managed to successfully complete its 9th BNB coin burn. The event saw a total of 2,061,888 BNB...

Qtum brings forward a proof-of-stake blockchain and it’s poised to go through its very first hard fork. The upgrade is scheduled for tomorrow, October 17th, and it is intended to introduce a lot of improvements, especially to the functionalities of the network’s smart contracts.Qtum’s First Hard ForkTomorrow, October 17th will see the first hard fork of proof-of-chain blockchain Qtum. As soon as the network upgrades, this will enable third-party gas payments which marks a major milestone....

Bitcoin’s price action of late got the community rather bearish. A lot of popular analysts are suggesting that the price might plunge down to $6,000. As we’ve seen plenty of times in the past, however, Bitcoin often does the exact opposite so it’s quite interesting to see where the price will take from here. Bitcoin’s Price Recent Action And Bearish Sentiment Bitcoin’s price is moving in a range for the past few days. This comes after the fake breakout we saw back on October 11th when the...

This week, the market continued to stagnate, but we saw some promising signs in the altcoin arena. While most of the attention was directed toward Bitcoin and whether its price support will hold, many traders’ interest seems to have shifted to altcoins.Bitcoin’s dominance rate declined since peaking at 72%, and other cryptocurrencies finally managed to reclaim some ground.Despite the fact that during the past 3 months Bitcoin’s price has shuffled up, its current price point is still...

BitcoinWe saw an attempt to break down the resistance at around the 200 MA. Support in this range holds at about $8,000. If it fails, we can expect testing lower levels and this will spell bad news for the market. The chart seems to be technically primed for a turning point.EthereumAgainst the USD, we saw attempts to return to the $200 levels. In the meantime, resistance is currently at $190 while support is at $160. The market could be testing it.Against BTC, the cryptocurrency continues to...

The Governor of Sweden’s Central Bank, Riksbank, said today that Facebook’s Libra has turned out to be a very important event. The bank has already been exploring the issuance of digital currencies, mainly because the usage of cash in Sweden is decreasing dramatically.Libra An Incredibly Important Catalytic EventDespite the recent shakedown which caused a lot of the key backers of Facebook’s Libra, including PayPal, Visa, and Mastercard, to drop off the project, good news seems to come from a...