Tag Archives: Cryptocurrency News

The ex-president of the People’s Bank of China Xiaochuan Zhou said that one of China’s main goals to be done through its central bank digital currency is to make retail payments easier and more available to people.Speaking at the Caixin Hengqin Forum in Zhuhai, Zhou commented that the country will work on making the retail use of digital payment for the digital yuan as simple as possible.He said:“There are two goals for international digital currencies. The first one, which is also what China...

It looks like the digital storage and rental marketplace Omni has been struggling to make ends meet. In the latest development, Omni has announced its intentions to shut down its operations by the end of 2019.This announcement comes just within a few months after the rental startup sold its physical storage operations to its competitor Clutter in May 2019. A report from the TechCrunch states that $35 million worth Omni is yet another victim of a “venture capital-subsidized business”. Meaning...

South Korea’s biggest cryptocurrency exchanges has revealed a sizable hack. 342,000 ETH (approximately $50 million in value) were stolen from the exchange. All lost funds will be covered, according to the head of the firm. Upbit, South Korea’s largest cryptocurrency exchange by market-share and trading, has been hacked. At the moment, all trading activities, deposits, and withdrawals are temporarily suspended. Hot Wallet Hacked On Nov. 27, Lee Seok-woo, the CEO of Dunamoo, the company that...

Bitcoin price could drop to $6,000s says Dave the Wave. BTC is set for its worst month in 2019. The cryptocurrency’s recovery was rejected at $7,400. The bitcoin price could retrace back to the $6,000 region but is unlikely to drop to the $5,000s, according to a prominent cryptocurrency trader. Technical analyst Dave the Wave, who accurately predicted the bitcoin price to drop to $6,800 since early 2019, said: A closer look of the comparison. On the basis of this chart, while...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 759. Heute sprechen wir über folgende Themen: Türkei mit Schlüsselrolle für Blockchain und Kryptowährungen, Größter amerikanischer Mall-Betreiber stellt Bitcoin-Geldautomaten auf & Gewinner Buch Dezentrales Geld. 1.) Binance CEO: Türkei mit Schlüsselrolle für Blockchain und Kryptowährungenhttps://cryptomonday.de/binance-ceo-tuerkei-mit-schluesselrolle-fuer-blockchain-und-kryptowaehrungen/ 2.) Größter...

Bitcoin maximalist Anthony Pompliano claims he will never bail out of his long positions. Gold cheerleader Peter Schiff likens this to a Titanic captain – loyal but misguided. Even with its recent price plunge, bitcoin is still massively outperforming gold. At What Point Will Bitcoin Maximalists Capitulate? Peter Schiff never passes up a good opportunity to roast bitcoiners. The flagship cryptocurrency’s unexpected decline in the second half of this year has not gone unnoticed...

District Judge P. Kevin Castel of the New York Southern District Court, has signed a document which requires a deposition from three members of the Telegram team, as the case regarding its GRAM token sale continues. According to the document, Telegram founder and CEO Pavel Durov himself is expected to testify, along with two others.Dated Nov. 25, the document states that the depositions will begin on December 10 with Telegram employee Shyam Parekh. Although it doesn’t state Parekh’s position...

NYU Economist Nouriel Roubini is hyped over the massive bitcoin price drop since October. Altcoin prices are down too. Theories abound as to the causes of what could be the next crypto winter. The crypto industry’s leaders see opportunity in the bitcoin bear market. Nouriel Roubini piled on the FUD Tuesday morning. As bitcoin’s price continues its plunge into what could be another crypto winter, the NYU economist suggested it’s the end of crypto entirely: Source: TwitterThe...

On Monday, the stock market reached new highs: the Dow Jones Industrial Average gained 190.85 points (or 0.68%) and achieved 28,066.47 by the end of the day, the Nasdaq Composite increased by 1.32% up to 8,632.49, while S&P 500 gained 0.8%. The biggest gains have been made by technology and health care companies. Such companies as Amazon, Apple, Netflix, Intel, Alibaba, Tesla, Disney, and more have enjoyed growth in stocks. For example, Intel rose 2%, Amazon gained 1.61%, Gilead Sciences...

Storeum (STO) gains over 11000% out of nowhere. What is this enigmatic project? Another day another pump and dump. While the rest of the crypto market slowly bleeds away, one cryptocurrency – dubbed Storeum – has sprung out of nowhere, citing improbable gains. But what is this cryptocurrency, how did it get here, and is it a scam? Recently, Coinmarketcap (CMC) has been a fairly dire, mournful reminder of the recent carnage witnessed within the cryptocurrency markets. Various...