Category: News
Bitcoin Rises 4.65% as Crypto Market Creeps Toward Breakout
The bitcoin price on Wednesday jumped as high as 4.65 percent from its opening price and established an intraday high at $3,488. The BTC/USD rate is now trading at 3440-fiat on the Coinbase exchange, coupled with a notable rise in daily volatility. The pair on December 7 established its yearly low at 3210-fiat, after which…
Continue Reading
Venezuela: Church’s Chicken Accepts Crypto Payments after KFC Denies Rumors
Church’s Chicken, an international fast-food franchise known its hand-battered fried chicken, has reportedly partnered with Dash Venezuela to become the first fast-food franchise to accept cryptocurrencies throughout its locations in Venezuela. According to a press release, a strategic alliance between Dash Venezuela and Church’s Chicken Venezuela will see 13 establishments start accepting the privacy-centric cryptocurrency…
Continue Reading
Bitcoin Climbs to $3,500, Analyst Claims There is Nothing Unique About the Crypto Bubble
Bitcoin was able to bounce after yesterday’s downturn, leading the entire cryptocurrency market to trade up. The latest move up may validate the support levels that multiple cryptocurrencies respected yesterday as mid-term bottoms. At the time of writing, Bitcoin is trading up nearly 3% at its current price of just over $3,500. Bitcoin appears to have established…
Continue Reading
Crypto Exchange OKEx Relists Bitcoin ABC Under Original Bitcoin Cash (BCH) Ticker
Another major cryptocurrency exchange has announced that they deem recent the recently created Bitcoin ABC to be the true Bitcoin Cash. Hong Kong-based OKEx will relist the digital currency under the original Bitcoin Cash ticker, BCH. The announcement is the latest example of a large trading venue deciding similarly. Previously, both Winklevoss twins-founded Gemini and Coinbase…
Continue Reading
‘What is Bitcoin’ Ranked Among Top Google Searches in 2018
About a year ago, Google searches for “ Bitcoin” surpassed searches relating to Donald Trump. Now that Google has published its 2018 year-in-review of search terms, “What is Bitcoin” is among the top questions that people are asking Google, at least in the US. Last year, the largest cryptocurrency ranked in two categories globally, both in…
Continue Reading
Bitcoin Price ‘Could Go from Bad to Worse’: Bearish Analyst
The most potential use case of bitcoin today is the store of value. But an analyst thinks otherwise. Stephen Innes, head of Asia Pacific trading at Oanda, a New York-based forex firm, believes that the world’s leading digital currency is due for another drop because it hasn’t provided the world a “significant use-case” yet. The Bitcoin…
Continue Reading
How The Bear Market Will Boost Development on the Tron (TRX) Network
In a December 6th tweet, the founder and CEO of Tron (TRX), Justin Sun, announced that the Tron foundation will build a fund to rescue developers on the Ethereum ( ETH) and EOS networks. The offer by Justin had one additional condition: that developers migrate their DApps and projects to the Tron Network. The tweet stated…
Continue Reading
TRXMarket: A New Decentralized Exchange on the Tron (TRX) Network Is Now Live
Earlier today at 4am UTC, the first decentralized exchange on the Tron (TRX) network that offers TRC20 token trading was launched. The exchange known as TRX.Market, is also the first Decentralized exchange that is outside the Tronscan.org platform that currently only caters for TRC10 standard tokens. The team at TRX.Market made the announcement via twitter as…
Continue Reading
Unbreakable: Mike Novogratz Remains a Bitcoin Bull in a Bleeding Market
Currently, when crypto believers generalize every Wall Street banker to be a Bitcoin critic, a celebrated hedge fund manager and former Goldman Sachs executive changed his perception. Mike Novogratz is a now a name beyond the mainstream finance, and perhaps among the only consistent voices speaking in favor of bitcoin even after its 80 percent-plus…
Continue Reading
Interview: Stephen Innes Says Crypto, Bitcoin to “Grind Higher” Over Next Decade
Just two weeks ago, “cross-asset trader” Stephen Innes, head of Pacific-Asia trading at Oanda, took to Bloomberg TV to convey his thoughts on late-2018’s crypto market tumult. After his short guest appearance on the network, he was quickly classified as a Bitcoin ( BTC) bear, due to his expectation that the popular digital asset could fall below $2,500. Yet, through…
Continue Reading