Tag Archives: AA News

Bitcoin and most altcoins have marked a few consecutive days of negative price action. In a recent poll regarding Bitcoins’s potential bottom, over 70% of voters said that it would be below $6,000. Additionally, the Fear and Greed Index is dropping daily, further confirming the negative sentiment among the community.Where Will Bitcoin Bottom?One of the most prominent cryptocurrency analysts conducted a Twitter poll regarding Bitcoin’s bottom. The community had four options to choose from,...

With the Genesis hard fork on the Bitcoin Satoshi’s Vision (BSV) network scheduled to take place on February 4, 2020, California-based cryptocurrency management company, BitGo has announced that its BSV wallets will not be able to receive BSV transactions after the update due to compatibility issues.What Changes Will Bitcoin SV’s Genesis Bring?The Genesis hard fork will reportedly resolve several problems on the BSV protocol such as addressing scalability issues, sunsetting of...

The popular U.S.-based cryptocurrency exchange, Kraken, has been reportedly served with a lawsuit against it from a former employee. The case is brought by a whistleblower accusing the company of harassment, discrimination, wrongful termination, and even lack of paying rent.Kraken Sued By A Former EmployeeKraken’s former employee, Nathan Runyon, has filed a lawsuit on November 26th against his former employers. Some of the accusations appear extremely serious, including disappearing customer...

With the long-awaited Istanbul hard fork now live on the Ethereum blockchain, the network will undergo an emergency hard fork in two weeks to resolve an old issue that seems to be pressurizing the entire ecosystem. The Istanbul update aims to solve issues like rebalancing gas costs, more privacy, and interoperability with cryptocurrencies like Zcash. You can read what to expect from the latest improvements here.While the Istanbul hard fork introduces new features, Ethereum developers made a...

One of the largest American financial services corporations, Fidelity, is preparing to enter the European market with a product orientated towards digital assets. The branch called Fidelity Digital Assets is already operating in the U.S. since last year, delivering cryptocurrencies to institutional investors.Fidelity Digital Assets Enters EuropeLast year, Fidelity Investments Inc, launched a new business venture in the U.S. oriented towards cryptocurrencies. It’s called Fidelity Digital...

Tezos dropped by almost 8% over the past 5 days, bringing the price down to the $1.64 level.The cryptocurrency remains strong against BTC as it attempts to break the 0.00025 resistance.Tezos remains the strongest performing major altcoin over the past month and it got listed on Bittrex.Key Support & Resistance LevelsXTZ/USDSupport:  $1.64, $1.54, $1.42..Resistance: $1.74, $1.85, $1.99.XTZ/BTC:Support: 0.0002275 BTC, 0.00021 BTC, 0.00020 BTC.Resistance:  0.00025 BTC, 0.0002624 BTC,...

Cryptocurrency companies and services based in the EU have less than a month to adjust their business operations to comply with a new set of rules. As of January 10th, The Fifth Anti-Money Laundering Directive (5AMLD) will be in effect, requiring KYC, and monitoring all transactions.5AMLD In Action From JanuaryRegulators across the world have struggled with putting cryptocurrencies within a certain legislative framework. The European Union is on its way to put in effect an updated legislation...

The cryptocurrency market doesn’t appear to be in the best of shape. Most cryptocurrencies are losing large chunks of value in the last 24 hours, and the total market capitalization has dropped with $6 billion in a few days to the current level of $187 B.The second-largest cryptocurrency, Ethereum, is among the worst-performing altcoins. ETH lost over 7% during the last day, and it’s currently trading at $132. Its latest hard fork, called Istanbul, was released a week ago, but it doesn’t seem...

Another case of SIM swapping has reportedly been recorded in the U.S., as a 23-year-old has attempted to steal cryptocurrencies. This type of fraud appears to be growing as a significant issue worldwide, especially within the community with many previous similar cases.SIM Swapping To Steal CryptocurrenciesA young man from Pennsylvania has been implicated in fraudulent activities and will face a federal grand jury, according to a recent report. Per the document, the 23-year-old Anthony Faulk...

Bitcoin’s open long positions on BitFinex keep increasing rapidly and had recently set a new all-time high record on the popular cryptocurrency exchange.In the last two weeks, the total number has surged to over 43,000 BTC, bringing up the discussion within the community if this very odd behavior might end up in a cruel long squeeze, that will have Bitcoin plunge way below $7000.Bitcoin Long Positions Set a New All-Time HighThe number of Bitcoin long positions is constantly increasing, and it...