Archive for November 16th, 2019

Bitcoin Price at Last Line of Defense: $8,270 Must Hold

November 16, 2019 | By | Reply | 76 Readers More
Bitcoin Price at Last Line of Defense: $8,270 Must Hold

Late last month, Bitcoin (BTC) caught traders across the industry with their pants down: in a day’s time, the leading cryptocurrency had pumped by 42%, surging from $7,200 to $10,500 in a jaw-dropping, historical move higher. In fact, that day marked Bitcoin’s fourth-largest daily move… ever, and the largest price jump by percentage since 2011. Related Reading: […]

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Bitcoin SV’s Community Experiences Sour Anniversary as Death Cross Forms on BSV/USD

November 16, 2019 | By | Reply | 70 Readers More
Bitcoin SV’s Community Experiences Sour Anniversary as Death Cross Forms on BSV/USD

Bitcoin SV celebrates the first anniversary; community joins in congratulatory messages. BSV/USD forms death cross on the daily candle chart. Bearish trend signals possible to drop towards the $120, $112 and $100 support levels. Bitcoin Satoshi Vision (BSV) is celebrating its first anniversary since gaining independence from the Bitcoin network. Despite the celebratory mood across […]

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USA To Enforce Strict AML Rules For Cryptocurrencies, FinCEN Director Says

November 16, 2019 | By | Reply | 85 Readers More
USA To Enforce Strict AML Rules For Cryptocurrencies, FinCEN Director Says

The cryptocurrency market has spiked the interest from the media and regulators over the last several years. Its actual lack of established regulations leads to numerous alleged criminal activities, and the U.S. government is reportedly preparing to act against potential money-laundering schemes. The director of the Financial Crimes Enforcement Network (FinCEN), Kenneth Blanco, has recently […]

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Crypto News From Japan: Nov. 11–17 in Review

November 16, 2019 | By | Reply | 91 Readers More
Crypto News From Japan: Nov. 11–17 in Review

In this week’s selected cryptocurrency and blockchain-related news from Japan, a new association promoting crypto assets in antiquing was born, a well-known cryptocurrency trader was arrested and the Kyoto University started participating in the XRP ledger. Here is the past week of cryptocurrency and blockchain news in review, as originally reported by Cointelegraph Japan. Crypto […]

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Weekend Digest: How Much Bitcoin Is Enough For Retirement In 5 years?

November 16, 2019 | By | Reply | 72 Readers More
Weekend Digest: How Much Bitcoin Is Enough For Retirement In 5 years?

You can retire today on 20-30 BTC depending on where you live 1 BTC, 32 ETH: it’s important to diversify Don’t count on Bitcoin to retire Is there a right answer or it’s all individual? Bitcoin’s price has always been a hot topic within the cryptocurrency community. There are plenty of predictions on what it […]

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Cryptocurrency Mining Report Provides Financial Damage Figure

November 16, 2019 | By | Reply | 84 Readers More
Cryptocurrency Mining Report Provides Financial Damage Figure

The environmental effects of cryptocurrency mining on our planet are allegedly more costly than we might have thought, according to a new report. Cryptocurrency Mining Report Provides a Dollar Figure The document, which is entitled “Crypto Damages: Monetary Value Estimates of the Air Pollution and Human Health Impacts of Cryptocurrency Mining” has been published in […]

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Grayscale’s Bitcoin Trust hovers at $2.2 billion despite price drop

November 16, 2019 | By | Reply | 76 Readers More
Grayscale’s Bitcoin Trust hovers at $2.2 billion despite price drop

Grayscale’s Bitcoin Trust holds its mark of $2.23 billion Assets Under Management [AUM] despite a rough day for the underlying cryptocurrency. According to an update from the investment company on November 15, the day change for the Bitcoin investing product is just 1.3 percent, while the spot price dropped by over $500. After being locked […]

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Saturday Market Watch: Bitcoin Faces Crucial Support, Altcoins Bleeding

November 16, 2019 | By | Reply | 82 Readers More
Saturday Market Watch: Bitcoin Faces Crucial Support, Altcoins Bleeding

The last couple of days saw the entire cryptocurrency market bleeding as Bitcoin and altcoins all marked notable decreases. Bitcoin lost around 5% of its USD value at one point, as it dropped from a daily high of $8,800 to about $8,360 in just a few hours. The cryptocurrency managed to recover ever so slightly […]

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The Bank of Google Wants Your Spending Data

November 16, 2019 | By | Reply | 80 Readers More
The Bank of Google Wants Your Spending Data

The multinational technology giant Google has plans to get into the banking industry according to multiple reports that reveal the firm intends to work with Stanford Federal Credit Union and Citigroup. However, analysts assert that Google is not jumping into banking for revenue purposes and the move is simply an acquisition of more customer data. […]

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New SIM-Swapping Case Ends with Threats of Violence

November 16, 2019 | By | Reply | 64 Readers More
New SIM-Swapping Case Ends with Threats of Violence

SIM-swapping cases appear to be a recurring incident in the cryptocurrency world, but the latest case involves two individuals displaying aggression that has yet to be seen in situations like this. SIM-Swapping: Is It Becoming More Common? The two people accused of the SIM-swapping are 21-year-old Eric Meiggs and 20-year-old Declan Harrington, who reportedly went […]

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