Tag Archives: Cryptocurrency News

It seems China finally decided to cut some ties to the world’s largest reserve currency – United States dollar, at least if it’s to believe the analysts’ prognoses.The biggest and most obvious reason is the ongoing trade war between the two countries said ANZ Research in their recent report. US delisting Chinese companies’ stocks from its market – surely hasn’t helped as well. That is why, ANZ predicts, Beijing decided to diversify its foreign exchange reserves into other currencies as...

After a poor drag down last week, the overall cryptocurrency market is showing signs of mild recovery today. While the crypto markets are eyeing a northward journey, Bitcoin still looks hesitant to take the lead.Last week, Bitcoin took a hit as the BTC price first slipped below $9000 and later even below its crucial support at $8700. Now, at press time, Bitcoin is trading at $8641.61 with a market cap of $156 billion. While Bitcoin has been showing a mild response to the market recovery, some...

Ever since Facebook announced its Libra project in June 2019, it has been knocking the doors of regulators for approval. Over the last few months, the social media giant had a tough time dealing with global regulatory authorities.But this has not deterred Facebook from furthering its development for its native cryptocurrency Project Libra. Last week, the Libra Association released a developer update. The update announcement mentioned that the Libra Project is running for five months and...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 751 gesponsert von www.Bitsonar.com – Heute geht’s um folgende Themen: Bitcoin Netzwerk wird von Satoshi-Transaktionen überflutet, Anzahl der Bitcoin-Geldautomaten auf über 6.000 gestiegen & Büro der iranischen Zentralbank in Brand gesetzt. 1.) Bitcoin Netzwerk wird von Satoshi-Transaktionen überflutethttps://coincierge.de/2019/bitcoin-netzwerk-wird-von-satoshi-transaktionen-ueberflutet/ 2.) Anzahl der...

Privacy-centric Zclassic (ZCL) is skyrocketing after its founder Rhett Creighton decided to “put more ZCL in the hands of people.” Rhett Creighton offers 1,000 ZCL to his followers. | Source: TwitterIn the last 24 hours, ZCL jumped over 60% to hit a high of $0.45. The bullish momentum appears to be correlated with the increasing network activity this cryptocurrency has seen as more people join Creighton’s campaign. Zclassic is Trending Up Zclassic is a fork of Zcash (ZEC) that uses a...

China-based cryptocurrencies surge as bitcoin consolidates. If volume picks up, BTC could break above $9,700. One of the most prominent analysts in the industry shares his views on the pioneer cryptocurrency for this week. Following Chinese President Xi Jinping’s decision to embrace blockchain technology, many China-based cryptocurrencies have seen a significant spike in their market value. VeChain, for instance, has moved up a whopping 185% while NEO has skyrocketed nearly 100% since then....

Bitcoin hater Peter Schiff believes that speculators will start dumping bitcoin after the pot stock crash. The crypto asset and pot stocks do not have a correlation. Schiff’s argument stands defeated given that the two assets have entirely different characteristics. Peter Schiff doesn’t like bitcoin. He gets really happy whenever the price of the flagship cryptocurrency takes a hit. In fact, the market bear does not let go of any opportunity to take a swipe at the crypto asset, hoping that...

Protesters take over the streets of Iran after the government announced dramatic fuel price hikes. The regime has blocked internet access and closed its Iran border. Iranians are facing a dire situation which will likely force many to resort to a currency that offers a safe and portable store of value, such as bitcoin. Civil unrest erupted in Iran as protesters took to the streets to express their anger over the government’s decision to ration gas and increase price by at least 50 percent....

Many of the people working in the cryptocurrency industry had a negative banking experience. Some were prevented from accessing their funds while others lost their accounts. It’s no surprise that many people are working hard to disrupt the banking industry. Many of today’s leaders in the cryptocurrency space were victims of poor banking. To some, the experience was so bad that they are now spearheading the disruption of the banking system. For instance, Changpeng Zhao, chief...

Traditional markets and indexes are currently hitting new records. In one such first-ever milestone, the Dow Jones Industrial Average rallied to a record 28,000 plus levels on Friday. The rally comes amidst waning tensions in the U.S.-China trade war with the hope of reaching a trade deal between the two economic powerhouses.On Friday, November 15, Dow Jones’s 30-stock average climbed 222.93 points at 28,004. In just the last four months, the Dow Jones price index has surged by 1000 points....