Tag Archives: AA News

It’s safe to say that the last several days have been fairly turbulent for Bitcoin’s price. The cryptocurrency surged from around $8,150 to about $8,800 in a few days and lost all of its gains in a devastating red hourly candle which brought its price back to around $8,300. Now, popular analysts are drawing a parallel with Bitcoin’s behavior in 2017 which led to the biggest “altcoin season” to date. Will history repeat itself?Bitcoin’s Price PerformanceToward the end of last week, we saw...

One of the leading providers of online foreign exchange trading, as well as other related services, has announced the introduction of a new cryptocurrency basket for its retail investors. The product will include five different cryptocurrencies, including Bitcoin.Bitcoin Included in a Retail Trading BasketFXCM Group, commonly referred to as FXCM, is a well-known international provider of CFD trading, exchange trading, cryptocurrencies, and other related services. Today, the company announced...

A recent survey from KPMG, a Big Four professional services firm, has revealed that more Millennials and people from the Generation Z (Gen Z) are becoming increasingly open to the use of cryptocurrencies, due to the many benefits accrued to blockchain-based tokens. Interesting Results From KPMG StudyThe study suggested that “tokenization is ushering in the next generation of commerce,” as it helps businesses leverage blockchain technology to “classify value by creating new assets or...

The CC Forum on Blockchain, AI, and Digital Innovation starts today in London and one of its panels is causing quite the furor in the cryptocurrency community. Seeing that Craig Wright is one of the speakers, a few prominent members have already announced that they won’t attend the conference, refusing to give merit to his claims that he’s the inventor of Bitcoin.Boycotting London’s Blockchain ConferenceThe CC Forum on Blockchain, AI, and Digital Innovation is already taking place today in...

Authorities are waking up when it comes to cryptocurrencies. In the past month alone, we saw a couple of very serious actions taken against major projects in the field. Facebook’s Libra, Block.one’s EOS, Telegram, KIK, all of them and more saw challenges in the face of lawmakers and regulators across the board. A lot of people, especially those who felt like Telegram was a scam and Libra was a “centralized Bitcoin” embraced the news with sort of positivity. Amid this legislative chaos,...

It’s safe to say that Bitcoin has come a long way since it was first introduced to the public. Interestingly enough, exactly 10 years ago on this same day, the first market transaction took place. Let’s have a look at how it went and where we are today. Bitcoin 10 Years AgoExactly 10 years ago, on this very date, the first market transaction for bitcoin took place. Back at the time, 5,050 BTC were sold at a price of $5.02. As pointed out by Saifedean Ammous, author of the Bitcoin Standard,...

News broke out yesterday that the Securities and Exchange Commission of the US has temporarily halted the token sale of Telegram’s TON cryptocurrency. According to the documents, the reasoning behind the SEC’s actions is that the alleged token sale is unregistered and fails to comply with the existing regulations. Let’s examine the difference between the current actions and what happened with EOS a while ago. Telegram’s Token Sale HaltedBack in January 2018, Telegram raised a substantial...

The Swedish Enforcement Agency, called Kronofogden, is about to auction 4.59 BTC. This would be the second auction coming from the same agency as the first one took place back in 2017. The transaction is set to take place today and it will be entirely online.Bitcoin Online Auction in SwedenKronofodgen, Sweden’s Enforcement Authority, has obtained 4.59 BTC and is ready to auction it off to the highest bidder. The market price is now around 370,000 kronor or $37,600 or about $8,191 per Bitcoin....

One of the most popular Bitcoin margin trading exchanges, BitMEX, has seen a daily positive inflow of around $16 million. This took place right before Bitcoin’s price went through a notable crash of more than $450 in less than an hour.BitMEX Sees $16M Positive InflowAccording to a well-known cryptocurrency monitoring resource TokenAnalyst, one of the most popular Bitcoin margin trading exchanges, BitMEX, has seen a positive inflow upwards of $16 million right before Bitcoin’s price went south...

Yesterday, the majority of cryptocurrency media outlets reported that Binance, the world’s leading cryptocurrency exchange by trading volume, allows people to buy Bitcoin in a peer-to-peer manner through on-ramps. When asked, Zhao claimed that people could use Wechat and Alipay to do so. Almost immediately afterward, however, Alipay refuted his statement, stating that it monitors and blocks transactions related to cryptocurrencies.Spreading Like WildfireBinance announced yesterday that it had...