The crypto community views cryptocurrencies in numerous ways. From trading opportunities to store of value, and occasionally for their real purpose of being used as a payment method.Today, the main topic will be a rather conspicuous one that has been discussed many times, but it needs more awareness – adoption. Furthermore, let’s examine an HSB survey conducted by Zodgy Analytics in the U.S. that shows interesting data regarding small and mid-sized businesses that accept cryptocurrency...
Read More »Welcome To Altcoin Season 2020 – Bitcoin Price $9000: The Crypto Weekly Report
Last week was nothing but volatile for Bitcoin and the entire cryptocurrency market. Fortunately, the volatility did well. Seven days ago, Bitcoin was trading at around $7,950, while today, the cryptocurrency stands at almost $8,900. This marks an increase upwards of 13% for the past seven days.It’s worth noting, however, that this time altcoins did a great job following. All of the top 20 cryptocurrency projects are trading in the green, with some marking more than notable gains. Bitcoin SV,...
Read More »Ethereum Classic (ETC) Surges 40% Following Binance Futures Listing
Following this week’s triumphant Bitcoin rally, it seems that dozens of altcoins have been seeing significant price jumps. And today, it would seem that Ethereum Classic has jumped on the bandwagon too.In fact, ETC has seen a huge surge of about 40% over the course of the last 24 hours and as of today, Friday, January 17th, 2020, is sitting in around $11.6. ETC/USD. Source: TradingViewThat’s a 280% increase after ETC hit its lowest price of $3.50 at the end of last year.The popular opinion is...
Read More »New on Binance: FTX 3x Long and Short Tokens of Bitcoin & Ethereum
Binance will list a new set of FTX leveraged tokens that will allow users to open 3x long or short positions for Bitcoin and Ethereum. This comes less than a month after the Maltese-based exchange made a strategic partnership with the derivatives exchange, FTX.Binance Lists New Type Of Leveraged TokensThe leading cryptocurrency exchange by volume, Binance, announced earlier today its newest addition for leveraged tokens. According to the publication, the company will list four FTX tokens –...
Read More »Telegram’s Clash With SEC Continues: Internal Correspondance Suggests TON Is Security
The critical situation between Telegram and the U.S. Securities and Exchange Commission (SEC) took another step forward. The market regulator now claims that the popular messaging company saw its upcoming Gram token as securities and thus should fall under established regulations.Is Gram Token A Security?Telegram’s controversy regarding its TON blockchain and its native cryptocurrency, Gram, continues. The SEC has recently filed another claim with the court in the Southern District of New...
Read More »Following The QuadrigaCX Scandal: Canada To Clamp Down On Cryptocurrency Exchanges
The QuadrigaCX scandal was a landmark case that became a red flag for the entire cryptocurrency community. The aftermath of it, however, isn’t over. Securities regulators in Canada are now preparing to clamp down on cryptocurrency exchanges which take custody of digital assets.QuadrigaCX Aftermath: CSA Publishes A NoticeThe Canadian Securities Administration has issued a staff notice on January 16th which details how cryptocurrency exchanges will be treated. More specifically, the note makes...
Read More »Bitcoin Price Tests $9,000 As Altcoins Flourish: Friday Crypto Market Watch
2020 has so far been particularly positive for Bitcoin and the rest of the cryptocurrency market. Starting the year at around $7,100, BTC currently trades at almost $9,000, charting notable increases throughout the entire week. In the past 24 hours alone, Bitcoin gained another 3% to its value, increasing from around $8,650 to about $9,000 from where it retraced a bit and it currently trades at $8,900. BTC/USD. Source: TradingViewBitcoin’s total market capitalization has increased to $162...
Read More »Grayscale: The Largest Digital Asset Manager Raises More Than $600 Million In 2019
According to a 2019 investment report released by Grayscale, one of the world’s leading authorities on digital asset investment, the digital giant has managed to raise over $600 million throughout 2019, with most of the funding coming in from major institutional players.Specialized in digital asset diversification, the company managed to grow its investment base by 24% in 2019, which rallied in a total of $146.9 million in investment funding. The remaining $460.8 million came from their...
Read More »$3.2 Million ETH Stolen From UPbit Is Already Laundered: Report Claims
In November last year, the South Korean cryptocurrency exchange, UPbit, was hacked. The perpetrators took approximately $50 million worth of Ethereum. A new report shows that $3.2 of the stolen funds is already laundered using small transactions towards numerous other exchanges.$3.2 M Of ETH LaunderedDuring November in 2019, Cryptopotato reported that the popular South Korean crypto exchange, UPbit, was hacked. At the time, over $50 million worth of the second-largest cryptocurrency,...
Read More »Craig Wright’s Defamation Case Against Hodlnaut Reportedly Dismissed By UK’s High Court
Craig Wright, who claims to be the creator of Bitcoin, Satoshi Nakamoto, has reportedly seen his defamation case against Hodlnaut dismissed by UK’s High Court. The reason for the court’s decision is that it doesn’t have the jurisdiction to rule.Craig Wright’s Case Against Hodlnaut DismissedCraig Wright is undoubtedly one of the most well-known and discussed names within the cryptocurrency community. He has proclaimed himself to be the creator of Bitcoin, Satoshi Nakamoto. However, so far, he...
Read More »
Crypto EcoBlog
