Tag Archives: AA News

Bitcoin, just as any other asset that’s being traded, goes through different market cycles. As we approach the end of 2019, which is also the end of the current decade, some industry experts seem to believe that right now is a historic time for Bitcoin accumulation.Time To Buy Bitcoin?The current market sentiment doesn’t seem to be very bullish for Bitcoin. The cryptocurrency is trading below major moving averages and is continuously marking lower highs on the charts, which is usually a sign...

The world’s largest cryptocurrency exchange by volume, Binance, is expanding its services in Latin America. By partnering with a major digital assets settlement network, Binance will launch a new platform called Latamex. It will allow direct fiat purchases of cryptocurrencies for Latin America on its website.Binance Gateway In Latin AmericaBinance is set to launch a fiat gateway platform, called Latamex, specifically designed for the Latin American market. It will allow users to purchase...

One of the most popular Bitcoin margin trading exchanges, BitMEX, and its founder, Arthur Hayes, are being sued as per a recent report. The case is for $300 million, and it has been brought up by an early investor, who says he has been stiffed by the company.Law Case Against BitMEX For $300 MillionAccording to a recent report, one of the leading Bitcoin margin trading exchanges, BitMEX, has been taken to court by an early investor. Frank Amato and RGB Coin LTD have filed the suit on December...

According to a popular monitoring resource, the number of new addresses on Ethereum’s blockchain shares a very similar pattern with the ETH price most of the time. Lately, however, the price is taking the lead.Correlation: ETH Price And New Ethereum AddressesThe popular cryptocurrency monitoring resource TokenAnalyst has presented interesting findings regarding the number of new addresses on Ethereum’s blockchain and their correlation to ETH’s price.We were playing around with our API and...

66% of the entire hashrate of Bitcoin’s network pertains to miners in China, per a recent report. Chinese-controlled hashrate, at the time of this writing, is at its highest point in the past two years according to a popular monitoring resource.China Controls 66% Of Bitcoin’s HashrateAccording to a recent report from Reuters, China is the most prominent player in the field of Bitcoin mining. The country now controls 66% of the network’s hashrate and it’s at its highest point in the past two...

Roger Ver, one of the earliest cryptocurrency advocates and proponent of Bitcoin Cash, has interviewed now-arrested Joby Weeks. The latter has been involved in an alleged cryptocurrency mining scam called BitClub and is now charged with conspiracy to commit wire fraud.Roger Ver Interviewing Jobadiah Weeks in JuneRoger Ver, one Bitcoin Cash’s most exclusive proponents, has done an interview with Jobadiah Weeks back in June 2018. It took place on a yacht and both of them discuss different...

Most of the cryptocurrency market has been trading in the red over the last 24 hours. However, altcoins are seemingly making a slight recovery when looking at the bigger picture, as Bitcoin’s dominance loses 1%.Bitcoin’s price has been ranging between $7,400 and &7,600 in the last few days, but yesterday it marked a slow descent to the current level of $7,200 on Bitstamp.Taking a look at the technical aspects, Bitcoin could be retesting the next significant support level at $7,000. If it...

Mark Cuban has made a fortune by investing in innovative technologies, but this doesn’t mean he loves everything new that comes along. Case in point is cryptocurrency as the billionaire has made his disdain of virtual currencies clear. In an interview with Forbes, he said there is “no chance” that Bitcoin will ever be used as a reliable form of money.Not a FanForbes asked the Shark Tank star if he ever envisioned a future scenario where BTC would be used in a standard, everyday manner. He...

Big four multinational professional services company, Deloitte, has conducted a 2019 survey regarding what executives from big organizations think of blockchain. The data shows that interest in blockchain-based technology is generally increasing.83% Of Executives Believe In BlockchainDeloitte published its annual survey showing what executives think about blockchain and its potential. It was conducted across 1,386 senior executives in large corporations from a dozen countries (The U.S., U.K.,...

One of the more popular projects that had their Initial Exchange Offering (IEO) on Binance Launchpad, MATIC, went through a sudden overnight drop. The token lost upwards of 70% of its value in a violent red candle. Rumors started to circle around the community that the CEO of the project is behind it, but Changpeng Zhao was quick to dismiss it, denying internal involvement and saying that it was panic selling that caused the plunge.MATIC Drops 70% In A DayMatic was among the first projects to...