Bitcoin Futures Expired Last Week, Did It Affect $10 Billion Plunge of Crypto Markets?

On Jan. 29, the valuation of the crypto market plunged by more than $10 billion within a 48-hour period, from $121 billion to $111 billion. Major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) recorded losses in the range of 5 to 10 percent against the United States dollar, demonstrating poor momentum. Throughout the past several months, the cryptocurrency market has demonstrated volatility in a low price range, unable to break out of key resistance levels. What were the major factors of this week’s drop? While some analysts have said…

US Securities Regulator Solicits Blockchain Analytics Companies for Data Review

The United States Securities and Exchange Commission (SEC) is seeking sources for blockchain data and its analysis, a statement issued by the agency revealed on Jan. 31. According to the statement, the SEC is trying to find businesses able to provide blockchain data to support its risk monitoring and compliance enforcement activity, as well as inform the commission about digital assets. Last month, the agency announced that cryptocurrencies are one of the its top examination priorities for the current year. According to the Jan. 31 statement, the agency expressed interest…

‘Inevitably the Future of Money’ – 7 Reasons For Cryptoptimism

‘Inevitably the Future of Money’ – 7 Reasons For Cryptoptimism February 3, 2019 by Paul de Havilland For Nigel Green, founder and chief executive of the deVere Group, cryptocurrency is “inevitably the future of money”. And the future is now. The management group’s CEO has identified seven reasons why the great crypto winter of 2018 may be coming to an end, paving the way for greener crypto pastures. Also read: Italy Crypto – ‘The Bomber’ Bankrupted, Senate Moves to Define Blockchain Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders…

‘Inevitably the Future of Money’ – 7 Reasons For Cryptoptimism

‘Inevitably the Future of Money’ – 7 Reasons For Cryptoptimism February 3, 2019 by Paul de Havilland For Nigel Green, founder and chief executive of the deVere Group, cryptocurrency is “inevitably the future of money”. And the future is now. The management group’s CEO has identified seven reasons why the great crypto winter of 2018 may be coming to an end, paving the way for greener crypto pastures. Also read: Italy Crypto – ‘The Bomber’ Bankrupted, Senate Moves to Define Blockchain Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders…

Bitcoin Had a Fairer Launch Than Any Altcoin

Featured What constitutes a fair coin launch? It’s a question that has had some of the brightest minds and brashest projects in the space debating the best way to kickstart a cryptocurrency. Every crypto, Bitcoin included, has attracted criticism over a distribution schedule that favored early adopters. To date, no other coin has come close to matching the egalitarianism of Bitcoin’s launch. Also read: These Payment Gateways Will Enable Your Business to Accept Cryptocurrency There’s More Than One Way to Launch a Coin When it comes to world-changing innovations, it generally…

How Do World’s Largest Crypto Exchanges Store Funds? Avoiding QuadrigaCX’s $190M Disaster

Canada’s largest crypto exchange QuadrigaCX lost more than $190 million worth of user funds and is unable to reimburse its users. As CCN reported on February 1, the founder and CEO of QuadrigaCX passed away in India with sole control over the company’s cold wallets containing more than $150 million in cryptocurrencies like Bitcoin and Ethereum, and $40 million in cash stored with a third party. How do the world’s largest digital asset exchanges such as Binance and Coinbase store funds to avoid a tragic situation like QuadrigaCX? CEO Should…

How Do World’s Largest Crypto Exchanges Store Funds? Avoiding QuadrigaCX’s $190M Disaster

Canada’s largest crypto exchange QuadrigaCX lost more than $190 million worth of user funds and is unable to reimburse its users. As CCN reported on February 1, the founder and CEO of QuadrigaCX passed away in India with sole control over the company’s cold wallets containing more than $150 million in cryptocurrencies like Bitcoin and Ethereum, and $40 million in cash stored with a third party. How do the world’s largest digital asset exchanges such as Binance and Coinbase store funds to avoid a tragic situation like QuadrigaCX? CEO Should…

How Chinese New Year Celebrations Could be Affecting Bitcoin (BTC)

Chinese history and culture cannot be summarized in this brief article for it dates back several millennia. Our window into the great past of China has been provided through timeless books such as ‘the Art of War’ and the majestic Wall of China that can be viewed from space. When it comes to Bitcoin (BTC) and cryptocurrency investing, China was ahead of the rest until the government placed a ban on all online trading. However, this ban did not include peer-to-peer trading or even operations of Over-the-Counter transactions. The Chinese…

Point-of-Sale Platform Anypay Adds Full Bitcoin Cash Support

Bitcoin Cash (BCH) proponents were pleased to hear this week that the point-of-sale payment processing application Anypay has fully integrated BCH. With the Anypay platform, anyone can accept BCH at their store using a tablet, mobile device or desktop in a noncustodial fashion. Also read: Properties Are Still Being Sold for Cryptocurrency Despite the Bear Market Crypto Payment Processor Anypay Completes Bitcoin Cash Integration Derrick Freeman, the founder of point-of-sale (PoS) cryptocurrency platform Anypay Global, explained to BCH supporters the payment application has integrated bitcoin cash support. Anypay initially announced support…

Bitcoin Price Weekly Analysis: BTC Rebound Approaching Crucial Resistance

Bitcoin price formed a support base near $3,370 and recovered higher above $3,450 against the US Dollar. There was a break above a major contracting triangle with resistance at $3,440 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair seems to be approaching a couple of important resistances near $3,500 and $3,510. Bitcoin price is slowly moving higher with positive signs against the US Dollar. However, BTC/USD is now approaching a significant hurdle near the $3,500 resistance zone. Bitcoin Price Analysis This past week, bitcoin…