Archive for January 5th, 2020

Bitcoin [BTC] Bulls Stopped at Key Indicator, as Futures Traders Seek Correction

January 5, 2020 | By | Reply | 33 Readers More
Bitcoin [BTC] Bulls Stopped at Key Indicator, as Futures Traders Seek Correction

Bitcoin [BTC] price broke bullish in a whipsaw yesterday as bounced from 6,950 above $7k despite being in a downtrend. It recorded a daily gain of 5.6%, before it met with resistance from the 50-Day Moving average yet again. On a weekly scale, as reported yesterday, the 100-Period moving average is likely to act as […]

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Ethereum Block Time Reduced by 25% After Muir Glacier Hard Fork

January 5, 2020 | By | Reply | 38 Readers More
Ethereum Block Time Reduced by 25% After Muir Glacier Hard Fork

The average block time on the Ethereum blockchain decreased by almost a quarter after the mining difficulty was decreased. Data reported on Ethereum block explorer Etherscan shows that from Jan. 1 to Jan. 4, the daily average block time on the blockchain decreased from 17.16 seconds to 12.96. This translates to a 24.48% shorter block […]

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China to BTC Miners: Slow Your Operations a Bit!

January 5, 2020 | By | Reply | 34 Readers More
China to BTC Miners: Slow Your Operations a Bit!

Darn it! China was doing so well, too. Following all the hype and hoopla about China finally saying “yes” to bitcoin mining, it seems the country doesn’t have enough electricity to provide for all the new operations. China Says, “Slow Things Down!” China recently announced that all cryptocurrency mining activity would be legal within its […]

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SLP Devs Publish Code Bounties With $2,500+ in Crypto Rewards

January 5, 2020 | By | Reply | 32 Readers More
SLP Devs Publish Code Bounties With $2,500+ in Crypto Rewards

While a number of software developers work on the Simple Ledger Protocol (SLP) framework, SLP devs are still looking for other contributors to help foster the protocol’s ecosystem. In order to help bolster SLP development, the simpleledger.cash website has published requests for bounties worth a couple of thousand dollars in spice token and the stablecoin […]

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John McAfee: Bitcoin Is Ancient Technology, As Ford Model T For Cars

January 5, 2020 | By | Reply | 35 Readers More
John McAfee: Bitcoin Is Ancient Technology, As Ford Model T For Cars

American entrepreneur and controversial crypto figure John McAfee, who boldly predicted that Bitcoin would be valued at $1 million by the end of 2020, has openly lashed out on the leading cryptocurrency, referring to it as an ancient technology due to several limitations. This comes as a blow, considering that he was one of the […]

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John McAfee Plans to Tokenize All 535 Members of US Congress

January 5, 2020 | By | Reply | 41 Readers More
John McAfee Plans to Tokenize All 535 Members of US Congress

On Saturday, the notorious John McAfee revealed a new project he’s launching that aims to tokenize all 535 members of U.S. Congress in order to sell them on the open market. McAfee said that the U.S. representative tokens will be listed on his exchange McAfeedex so people can find out what their “representative is really […]

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Most Significant Hacks of 2019 — New Record of Twelve in One Year

January 5, 2020 | By | Reply | 37 Readers More
Most Significant Hacks of 2019 — New Record of Twelve in One Year

Twelve major cryptocurrency exchange hacks occurred in 2019. Of these, 11 hacks resulted in the theft of cryptocurrency while one only involved stolen customer data. In total, $292,665,886 worth of cryptocurrency and 510,000 user logins were stolen from crypto exchanges in 2019. Cryptocurrency exchanges experienced more hacks last year than in 2018, when only nine […]

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Travala Scores 33% Revenue Growth With 60% of Bookings Paid With Crypto

January 5, 2020 | By | Reply | 36 Readers More
Travala Scores 33% Revenue Growth With 60% of Bookings Paid With Crypto

Travala, the online platform that allows crypto users to book hotel rooms in thousands of destinations around the world, has registered remarkable growth in bookings during the Christmas holiday season. More than half of those in December were paid in cryptocurrency, with bitcoin cash among the preferred options. Also read: User Reports Reveal Visa and […]

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Burger King, Petro, and Rising Bitcoin Volume: Venezuela Might Be The Leading Country In Terms Of Crypto Adoption

January 5, 2020 | By | Reply | 38 Readers More
Burger King, Petro, and Rising Bitcoin Volume: Venezuela Might Be The Leading Country In Terms Of Crypto Adoption

While most of the world countries and entities are making slight attempts to enlarge their cryptocurrency adoption, Venezuela might be way ahead. Judging by the past year, the dictatorship country has been quite favorable towards Bitcoin and other digital assets, with increased trading volume, and its own cryptocurrency to be used in oil trades. Most […]

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Bitcoin (BTC) Bulls Targeting Key Resistance At $7,800 USD. Time For Entry?

January 5, 2020 | By | Reply | 41 Readers More
Bitcoin (BTC) Bulls Targeting Key Resistance At $7,800 USD. Time For Entry?

Bitcoin is on a sharp rise in 2020 with price breaching $7,500 USD. Bulls are regaining strength in the market with a third straight green candle on the daily charts setting bullish indicators that signal a possible test of the $7,800 resistance level. A call for entry? Bitcoin (BTC) is finally taking shape as price […]

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