Bitcoin’s Path to Retake $20,000 Could Be Slow and Painful: Analyst

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. By CCN: John McAfee continues to trumpet a bitcoin price that will hit $1 million by the end of the decade. He isn’t even afraid of betting his manhood on…

Bitcoin’s Path to Retake $20,000 Could Be Slow and Painful: Analyst

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. By CCN: John McAfee continues to trumpet a bitcoin price that will hit $1 million by the end of the decade. He isn’t even afraid of betting his manhood on…

Social Media Platform Mithril Becomes Purported First to Migrate to Binance Chain

Decentralized social media platform Mithril (MITH) has adopted the Binance Chain, the mainnet of the leading cryptocurrency exchange Binance. The development was announced by Mithril in a blog post published on April 18. With the step, Mithril — a social media platform that rewards content creators with its native token MITH —  becomes the purported first to shift to the Binanche Chain, with MITH token migrating from ERC-20 to BEP2. At Mithril, users gain MITH through Mithril mining, while managing their assets on the company’s platform VAULT. Binance users will…

Crypto Exchange Poloniex Adds Support for USDT on Tron Blockchain

Major cryptocurrency exchange Poloniex will support Tether’s stablecoin USDT coin on the Tron (TRX) blockchain, according to an announcement published on April 19. United States-based digital currency exchange Poloniex has added support for deposits and withdrawals of USDT on the Tron network. The development will reportedly support Tether on both chains —  USDT issued on the Omni protocol and the Tron network. Poloniex said in the announcement that its decision to support the new chain is reasoned by expanded flexibility it provides to the USDT platform. In order to support…

FPT Corporation and SBI Holdings Invest $3 Million in Vietnamese Blockchain Project

Technology company FPT Corporation and financial services firm SBI Holdings Inc have jointly invested $3 million in Vietnamese blockchain startup Utop, local English language daily news outlet Viet Nam News reported on April 19. FPT Corporation and SBI Holdings Inc have reportedly signed a memorandum of understanding (MoU) to invest $3 million in joint venture Utop, a technology startup based on FPT’s enterprise blockchain platform dubbed akaChain. Utop is designed to gain and redeem loyalty points at merchants within the same network. The project will purportedly enable small businesses registered…

Cryptocurrency Bear Market Waning, Going Through Accumulation Phase, Says Report

The cryptocurrency bear market is winding down and is in its final stage, the accumulation phase, according to a report from digital assets fund Adamant Capital published on April 18. Per the report, the accumulation phase is expected to bring bitcoin (BTC) to trade in the corridor between $3,000 and $6,500 until the new bull market gains ground. The researchers suggest that bitcoin whales are currently accumulating the leading cryptocurrency which echoes the bear market from 2014 to 2015. The analysis reportedly showed that most retail traders have left the…

Bitcoin Bear Market Forces Korea’s 5th-Largest Crypto Exchange to Close

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. By CCN: The bitcoin bear market might be over, but it hasn’t finished claiming victims. Coinnest — South Korea’s fifth-largest cryptocurrency exchange — shut down this week. Users have until…

Bitcoin Bear Market Forces Korea’s 5th-Largest Crypto Exchange to Close

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. By CCN: The bitcoin bear market might be over, but it hasn’t finished claiming victims. Coinnest — South Korea’s fifth-largest cryptocurrency exchange — shut down this week. Users have until…

Bitcoin SV Experiences Blockchain Reorganizations, Possibly Due to Unwieldy Block Size

The Bitcoin Satoshi Vision (BSV) blockchain is struggling with its large block size following a series of block re-organizations, cryptocurrency exchange BitMEX tweeted on April 19. In the post, BitMEX reveals that on April 18 its BSV node “experienced 2 block re-organizations. First a 3 block re-organisation, followed by a 6 block re-organisation.” BitMEX provided a diagram in the post: Bitcoin SV block reorganization. Source: BitMEX Blockchain re-organization is a situation when two miners discover a block simultaneously in a blockchain which causes a temporary forking in the network, with…

FinCEN Penalize Bitcoin Exchanger for Unlawful Practices

The United States Financial Crimes Enforcement Network (FinCEN) has ordered Eric Powers, the operator of a peer-to-peer Bitcoin exchange, to pay a fine of $35,000 for willfully violating the Bank Secrecy Act’s (BSA) registration for failing to register as a money services business, according to a press release on April 18, 2019. FinCEN Punish Bitcoin Exchanger As stated in its press release, the FinCEN has taken action against Eric powers, a California-based P2P Bitcoin exchanger, for allegedly running a money services business without obtaining the relevant licenses from regulators. FinCEN…