Tag Archives: News

Remember Atari, the old video game system? The original video game system? Well, it turns out the company is still around, and it’s entering the cryptocurrency arena.Atari Is Releasing Its Own CoinThe firm has announced the establishment of the Atari token, which is set to have a public sale in about a month on the Bitcoin.com exchange. Set for early November, customers or participants looking to take part in the sale can only purchase the coin utilizing five “mainstream” cryptocurrencies....

Criminal charges have been filed against the owners of BitMEX, arguably one of the largest and most popular cryptocurrency exchanges in the world. The company has been accused of engaging in illegal transaction activity and of money laundering.BitMEX Owners Experience IndictmentsBitMEX chief executive Arthur Hayes was formally charged on Thursday by prosecutors in the greater metropolitan area of New York City. In addition, three of the platform’s other owners – including Benjamin Delo,...

Decentralized finance (DeFi) has grown exponentially this year and is becoming more popular on a regular basis.DeFi Is Heading for the StarsOne of the big things behind the growth of DeFi is Chainlink, which has become one of the largest cryptocurrencies available in the digital world today. At one point, Chainlink (LINK) was in 12th place when it come to the arena’s largest digital assets, but now, the currency has a total market cap of several billion and has moved into fifth place, marking...

Bitstamp – one of the world’s largest and most popular cryptocurrency exchanges – has published a new report with the help of a firm known as Byte Tree that details the value drivers behind bitcoin.Bitstamp Discusses BTC Value Drivers in New ReportAs we all know by now, bitcoin’s popularity is heading for the mountains. It’s getting higher every day, and needs a new peak to sit atop to ensure it’s head doesn’t scrape the ceiling, but what are the factors that are driving bitcoin’s growth? We...

The stock-to-flow model that’s allegedly been behind bitcoin for some time is seemingly driving many analysts and industry experts insane. Apparently, there are arguments regarding the accuracy and effectiveness of the model, and it looks like the world of bitcoin is strongly divided over whether it works or even suggestive of bitcoin’s recent gains.Stock-to-Flow Isn’t Convincing EveryoneThe model comes by way of anonymous analyst Plan B, who is frequently on Twitter not only pushing the plan...

Bitcoin cash price failed to clear the $235 resistance and declined sharply against the US Dollar.The price is now trading near the key $220 support and the 55 simple moving average (4-hours).There was a break below a crucial bullish trend line with support near $227 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could either continue lower towards $200 or it might recover from the $220 support.Bitcoin cash price is struggling to hold gains above $220 against the...

It looks like banks and financial institutions are still split right down the middle when it comes to cryptocurrency.Many Banks Are Still Iffy on the Subject of CryptoFor the most part, the gap between both centralized and decentralized finance has been somewhat bridged over the past few months. After all, many banks have now been given the green light to offer crypto custody services to their customers, but how many are looking to do this willingly?It appears many of them are still having...

Bit Panda in Vienna, Austria recently emerged with several additional funds under its wing, and it’s been revealed that much of that money came from billionaire Peter Thiel and his company Valar Ventures.Bit Panda Garners Funds From ThielMore than $50 million (roughly $52 million total) was garnered by the company from Thiel through a Series A funding round that included several other investors such as Speed Invest. The firm is planning to utilize the money to ensure its products are...

Crypto enthusiasts everywhere are constantly challenging the idea that bitcoin and cryptocurrencies are used to fund terrorist groups and commit to illicit programs. They would like to think that somewhere down the line, most of the people that use digital currencies are doing so for noble purposes, so whenever it turns out to be true that there are bad actors out there seeking to use bitcoin for illegal gains, the data can be a bit disappointing.Bitcoin Still Has a Dark SideThis is the...

EOS started a decent recovery wave above the $2.450 and $2.500 resistance levels against the US Dollar.The price is trading nicely above $2.550 and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $2.575 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could accelerate higher if there is a clear break above the $2.650 resistance zone.EOS price is slowly moving in the positive zone above $2.550 against...