Bitcoin (BTC) has transferred $11 trillion in wealth since its blockchain first went live in 2009, according to the fresh calculations. Bitcoin “going strong” at $9.6 billion per day Uploaded to social media by analyst PlanB on Oct. 24, the latest buoyant statistics for Bitcoin show the largest cryptocurrency is still beating out fiat competitors.
Twitter will not be joining the Libra Association, according to CEO Jack Dorsey. Dorsey replied with an conclusive “Hell no” to the question of its potential membership of the Fcebook-led crypto payments scheme at a New York City-based Twitter event, The Verge reported Thursday. He explained that Libra is not based on an open standard, “born
Bitcoin has dropped 8.5% this week but the move has been largely predicted. What is not being predicted just yet is another bear market lasting a year, but today’s death cross may indicate otherwise as that is exactly what happened the last time one appeared. Bitcoin Death Cross Today Like a scene from The Revenant,
Yesterday, Oct. 23, Cointelegraph reported from the United States House of Representatives as the Financial Services Committee questioned Facebook CEO Mark Zuckerberg for over six hours. While focused on the Libra Association and its planned Libra token, the hearing expanded to touch on a wide range of concerns and controversies surrounding Facebook. The hearing was
Every year the world seems to be getting crazier and more people are starting to realize that it stems from oppressive government transgressions against a peaceful society. The world has noticed millions of people from France, Hong Kong, Venezuela, Indonesia and more are rising up because citizens are sick and tired of the manipulation. Because
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Bitcoin must attract a giant $2.88 billion in net positive demand if it is to keep its $8000 price in the run-up to the block size halving event. Demeester: Bitcoin Halving Run-Up Needs $2.8B That was according to Adamant Capital founding partner and commentator Tuur Demeester, who this week offered an alternative perspective on Bitcoin’s
Polish police have arrested Ivan Manuel Molina Lee, president of Crypto Capital, on accusations of money laundering. According to reports in Polish newspaper W Polityce and news portal RMF24, the crypto entrepreneur was extradited to Warsaw, Poland under police escort. Polish authorities claim that Molina Lee is wanted in Poland for laundering up to 1.5 billion
VANCOUVER, British Columbia, Oct. 24, 2019 (GLOBE NEWSWIRE) — Victory Square Technologies Inc. (CSE:VST)(FWB: 6F6)(OTC:VSQTF) is pleased to announce V2 Games Inc. (“V2 Games”), a wholly-owned subsidiary of the Company, is raising $3,000,000 CAD in a private placement offering (the “Private Placement”) of unsecured convertible debentures (each, a “Debenture”) for gross proceeds of $3,000,000. Each Debenture
After a long wait and endless hype, the Bakkt Bitcoin trading platform went live on September 23, 2019. However, it launched to much disappointment and abysmal trading activity. But yesterday’s massive drop in Bitcoin price, appears to have sparked a surge of trading volume on the budding platform, suggesting that institutional investors were simply waiting
Cointelegraph’s official Facebook page, boasting more than 730,000 followers, has been banned by the social media giant, while the cause remains unclear. On Sept. 18, our page was removed from the platform’s search results. Consequently, Cointelegraph has been unable to publish anything on the account for over a month now, unable to reach the audience.
On October 23, Bakkt’s physically-settled bitcoin futures contracts touched an all-time high with 640 BTC ($4.8 million) swapped on the exchange. Coincidentally, the futures action started after BTC prices plummeted to $7,365 across global exchanges. After the record-setting day, Bakkt CEO Kelly Loeffler revealed the trading platform will offer options on bitcoin futures this December.
Bakkt announced on Oct. 24 that it will be launching the first regulated options contract for bitcoin (BTC) futures on Dec. 9. According to Bakkt, the key features of the Bakkt Bitcoin Options contract include capital efficiency, cash or physical settlement, European style option, low fees, as well as instant messaging, block trades and options
“Bitcoin is unequivocally a macro asset,” said Travis Kling, the former hedge funder and now founder and CIO of Ikigai Asset Management. “It is a fledgling macro asset,” Kling continued, adding: “Seven-plus years of [bitcoin’s life] it really was just kind of a computer science experiment in the closet of a bunch of computer science
With only a week of October left, bitcoin price has just suffered a flash crash down to the $7400s. So what does this mean for the 4Chan ‘Wizard’ prediction, of $16,000 this month? Is it time to just give up the ghost, or does bitcoin have more autumnal tricks up its sleeve? And why on
Bitcoin has plummeted below its previous support levels during a swift and sharp sell-off earlier this morning that led the aggregated crypto market to drop to fresh multi-month lows. BTC has continued grinding lower throughout the day and it is unclear as to where it will find any meaningful support that halts its current downtrend.
Bitcoin has dropped to a five-month low of $7,435 USD following Facebook CEO Mark Zuckerberg’s testimony before Congress in defense of the planned stablecoin Libra. The world’s largest cryptocurrency fell as much as 9% to its lowest levels since June, as Zuckerberg was grilled by congressional representatives before a sitting of the House Financial Services Committee.
The Takeaway: Moving ETH from the Ethereum 2.0 blockchain to the old ethereum blockchain may be possible in the early months (or years) after launch, new research suggests. Due to changes in data storage structure, recalling data to applications will become more expensive on the new network. Ethereum will soon lose the ability to execute
Following testimony before the United States House of Representatives Financial Services Committee earlier today, lawmakers are still concerned about the possible launch of the Libra stablecoin. On Oct. 23, legislators heard statements from Facebook CEO Mark Zuckerberg and posed questions covering a variety of topics from Libra to Facebook’s data policies and reaction to possible foreign influences
All eyes are on the German economy which was once perceived as stable and strong. However, the financial state of affairs has been tumultuous and Berlin’s state cabinet recently agreed to a five-year rent freeze to help curb the rising housing costs in the country. Moreover, Bundesbank just published a monthly report that explains how