Tag Archives: Bitcoin (BTC)

After quite a long period of incubation and regulatory pursuits, the Intercontinental Exchange (ICE), eventually launched its Bakkt’s Bitcoin futures contracts last week. The platform had always been heralded as the main ingredient that will serve as the proper Bitcoin catalyst but has failed so far. In fact, a day after Bakkt officially launched, Bitcoin shed almost 20% of its weight and dropped to $8,000 price level for the first time in months.Now Bloomberg reports that analyst from...

There are a lot of solutions for cryptocurrency wallets: applications, desktop versions, hardware pieces. But what could be more convenient than just opening a tab in your browser? Without the need to use special software or carry equipment with yourself, obviously. And is it possible to have a web wallet, that has all the functionality the other types have, without giving up security? We tried to find this out by reviewing some popular web wallets of 2019.Lumi WalletThe registration in Lumi...

Ripple Labs Inc, the owners, and developers of XRP, has just acquired Algrim, a crypto trading firm which has quite a bit of talent despite its small number of human resources.The six-person cryptocurrency firm which has been around for about a decade gives Ripple Labs a foothold in the crypto-friendly country of Iceland which though smaller than 500,000 people (around 340,000) has been at the center of the crypto space for many reasons one of them being access to cheap electricity.With its...

Recently it has come to light that RSK, an IOVLabs subsidiary, that calls itself the “first open-source smart contract platform secured by the Bitcoin network”, has purchased Taringa. It is important to highlight that it is the most popular Spanish-speaking social network with 30 million users. According to the recently revealed data, this platform is used by 28% of internet users. This figure is better than the results of Snapchat, Skype, and LinkedIn.RSK also has a native token RIF which...

SEC Commissioner Hester Peirce, also popular as ‘crypto mom’ for her crypto-friendly news, once again spoke in favor of digital assets during the recent cryptocurrency compliance Dacom summit in New York hosted by Solidus Labs today. Peirce spoke in details about SEC’s views on digital currencies saying that regulators are currently active extremely ‘paternalistic’. Besides, she also had an extensive discussion on different measures the agency can take to improve regulations.She stated that...

Just when it seemed like it could not get worse for the Bitcoin HODLERS, the BTC price plunges further. According to data from Messari, BTC dropped below a key support level of $8,000, touching the $7,800 mark. As we published earlier, the BTC price plunged by over $1,000 to settle below $8,500. Now another support has been breached.The biggest crypto has now entered the $7,000 region for the first time since June amid a severe $30 billion sell-off in the crypto market. In just 5 days, the...

Cryptocurrency startup Flexa is part of a project that will allow for technological innovations in retailing. With a pilot project at Mall of America Minnesota Minneapolis, which is the largest mall in the United States at the moment, the demo store is to serve as a proof-of-concept that new technologies are possible in the real world.Flexa is participating in the project but serving in a technical advisory role will be on display with other non-cryptocurrency-based technologies. The store...

Binance, one of the world’s leading cryptocurrency exchanges, on Thursday announced the launch its staking platform that will enable its users to earn cryptocurrencies for only depositing their funds on the platform.As per the announcement, the new platform is a value-added service that provides its users with a way of “earning staking rewards without the need to set up any nodes or worry about minimum staking amounts, time lengths, or any other technical requirements.”For a start, the...

Photo: ShutterstockBy Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysisThe capitalization of the crypto market has fallen by $35 billion overnightThe BTC hashrate has returned to its standard values after a slumpFrench shops are beginning to accept the Bitcoin for paymentOn W1, the Bitcoin has completed the correction in the shape of a Triangle: the strong declining impulse has broken through the former support while the present dynamics is acquiring the shape of a classic...

Bitcoin and the entire crypto markets arena are in chaos currently after an abrupt drop in Bitcoin network’s hash rate that resulted in heavy losses on September 24. Some analysts also believe that eh recent drops are as a result of a disappointing launch of the much-anticipated Bakkt platform.On that day, Bitcoin price dropped sharply, losing up to 15% of its value in hours confirming a bearish reversal. All that happened as investors focused on Bakkt’s low Bitcoin trading volume and it...