Monthly Archives: January 2020

Bitmain Co-Founder Initiates Legal Fight to Return to Control Over Company

Co-founder of crypto mining giant Bitmain, Micree Zhan Ketuan, has initiated court proceedings against the company shareholders in a bid to return him voting control of the firm. Co-founder of crypto mining giant Bitmain, Micree Zhan Ketuan, has initiated court proceedings against the company shareholders in a bid to restores his voting control of the firm. As BNN Bloomberg reported on Jan. 3, Zhan asked a Cayman Islands court to discredit Bitmain’s shareholders’ decision to convert the mining company’s Class B shares to one vote per share, […]

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Bitcoin Back Above $7K as a Higher Low Can Spark an Explosive Move

Bitcoin price back above $7,000 and rising BTC dominance looks increasingly bullish as several resistance levels stand in the way of a definitive breakout. Bitcoin (BTC) bounced back from an early morning sell-off, reaching highs for the day of $7,375, a swing of 7.5% from the lows of $6,854. Other major cryptocurrencies also made similar moves in price, with Ether (ETH) regaining $130 having traded as low as $125.50 and XRP reclaiming $0.19 having previously traded at $0.185. Bitcoin dominance remains above 68% and looks like it’s […]

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Number of Blockchain Companies in Israel Grew by Over 30% in 2019

In Israel, the number of blockchain and crypto-related companies increased by 32% in 2019, according to a report from the Israeli Bitcoin Association. In Israel, the number of blockchain and crypto-related companies increased by 32% in 2019, according to a report from the Israeli Bitcoin Association published on Dec. 30. The report revealed that there were 150 active companies in the field in 2019, while at the end of 2018, the number was 113. Out of the 113 companies, only 63 continue to operate today, with the […]

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A Deep Dive Into Satoshi’s 11-Year Old Bitcoin Genesis Block

11 years ago today, Satoshi Nakamoto launched the Bitcoin network at approximately 18:15:05 UTC and the world hasn’t been the same since. The Bitcoin blockchain came to life on January 3, 2009, and so far, more than 600,000 blocks have been mined into existence. Nakamoto’s genesis block is special and the hardcoded block has a few unique characteristics compared to the rest of the chain of blocks that followed. Also Read: BTC’s Hashrate Touches 120 Exahash, But the Price Has Not Followed The Genesis Block This week […]

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US Citizen Indicted for Narcotics Distribution in Exchange for Bitcoin

United States citizen, Joanna De Alba, has been accused of heroin and methamphetamine distribution in exchange for Bitcoin. A United States citizen has been charged with heroin and methamphetamine distribution in exchange for Bitcoin (BTC). According to a Jan. 3 press release published by the U.S. Attorney’s Office for the Eastern District of New York, Joanna De Alba allegedly promoted and sold illegal narcotics on a dark web marketplace dubbed the “Wall Street Market,” between June 2018 and May 2019.  The official release notes:  “Defendant Joanna De […]

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Europe Central Bank Proposes ‘Unattractive’ Rates for Digital Currency

A working paper raises concerns about a run on the banks in times of financial instability, with tiered interest rates proposed as a solution. The European Central Bank (ECB) remains open to the idea of a digital euro equivalent but would want to stop citizens holding too much of it.  That was the conclusion of a fresh working paper on so-called central bank digital currencies (CBDCs) by Ulrich Bindseil, the bank’s Director General of Market Infrastructure and Payments, on Jan. 3.  ECB would need to “control volume” […]

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Daily Crypto News – Coinbase Patents = Evil? | Bitcoin Credit Card | MetaMask Wins! | Ethereum Fork

😀 𝙏𝙝𝙖𝙣𝙠 𝙔𝙤𝙪 𝙁𝙤𝙧 𝙒𝙖𝙩𝙘𝙝𝙞𝙣𝙜! 🚩 Remember to subscribe and hit the bell “🔔” icon, so you don’t miss your daily cryptocurrency news! Become A Patron! ⭐ On Patreon – https://goo.gl/vpX5sW ⭐ On YouTube – https://bit.ly/2I4omX2 👉Earn Interest On Your Crypto By Depositing It On BlockFi: https://app.blockfi.com/deposits?ref=crypt0news30 -~-~~-~~~-~~-~- 𝘞𝘦 𝘥𝘰 𝘰𝘶𝘳 𝘣𝘦𝘴𝘵 𝘵𝘰 𝘮𝘪𝘯𝘪𝘮𝘪𝘻𝘦 𝘢𝘥𝘴, 𝘢𝘯𝘥 𝘦𝘭𝘪𝘮𝘪𝘯𝘢𝘵𝘦 𝘴𝘱𝘰𝘯𝘴𝘰𝘳𝘴𝘩𝘪𝘱𝘴 𝘰𝘯 𝘵𝘩𝘪𝘴 𝘤𝘩𝘢𝘯𝘯𝘦𝘭, 𝘴𝘰 𝘵𝘩𝘢𝘵 𝘺𝘰𝘶 𝘤𝘢𝘯 𝘳𝘦𝘭𝘺 𝘰𝘯 𝘵𝘩𝘦 𝘪𝘯𝘧𝘰𝘳𝘮𝘢𝘵𝘪𝘰𝘯 𝘺𝘰𝘶 𝘨𝘦𝘵 𝘩𝘦𝘳𝘦. 𝘐𝘧 𝘺𝘰𝘶’𝘥 𝘭𝘪𝘬𝘦 𝘵𝘰 𝘴𝘶𝘱𝘱𝘰𝘳𝘵 𝘵𝘩𝘪𝘴 𝘦𝘯𝘥𝘦𝘢𝘷𝘰𝘳: ⭐ Please Support The Channel On Patreon – […]

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Telegram Refusing to Tell SEC How It Spent $1.7 Billion of ICO Cash

Telegram is refusing to give the SEC details on how the $1.7 billion raised in its ICO has been spent. The United States Securities and Exchange Commission (SEC) has filed a court order on Jan. 2 to compel the messaging platform Telegram into releasing details of how the funds raised in its initial coin offering, or ICO, have been spent. The SEC claims that the requested records are highly relevant to its ongoing case against Telegram, alleging that the $1.7 billion raised selling Gram tokens constituted an […]

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Bitcoin Can Hit $50K in 2020 ‘Very Easily’ — Nexo CEO Tells Bloomberg

Bitcoin is making the U.S. dollar look like the German papiermark of the 1920s, says Antoni Trenchev as BTC/USD hits $7,300. Bitcoin (BTC) can “very easily” hit $50,000 during 2020, the CEO of one cryptocurrency industry business has told mainstream media.  In an interview with Bloomberg in Berlin on Jan. 3, Antoni Trenchev, head of Bitcoin lending platform Nexo.io, said Bitcoin price growth since its inception was almost unlike anything ever seen. Trenchev: Bitcoin is an “incredible asset” “It’s been an incredible asset uncorrelated to the overall […]

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Ticker Tool Uses the BCH Blockchain to Provide Reliable Rate Data

Instantly verifiable, unhackable and forever retrievable are some of the key features of information stored on a blockchain. These are also the characteristics that traders of various assets, commodities and currencies would appreciate when it comes to the price data they are using. The team behind the Blitz Ticker project have decided that’s exactly what they need, too. Also read: Skrill Now Lets You Swap BTC for BCH Blitz Ticker Offers Current Price Data for Cryptocurrencies Blitz Tickdata is a platform that aims to become the world’s […]

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