Category: News

Bitcoin Price Watch: BTC/USD Could Rebound Towards $5,900

Key Points Bitcoin price extended declines below $5,330 and traded towards $5,200 against the US Dollar. There is a major bearish trend line in place with resistance at $5,550 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is likely positioning for an upward move above the $5,600 and $5,700 […]

Coinbase-Backed Startup Releases Home Cryptocurrency Miner

A startup backed by Coinbase and Arrington Ventures has launched a cryptocurrency miner for domestic use. The new device, however, won’t be powerful enough to mine Bitcoin (BTC). Mass-Market Appeal Coinmine — a startup ran by computer scientist Farb Nivi and industrial designer Justin Lambert — has taken the challenge to bring cryptocurrency mining to the […]

OkCoin Exchange Launches Operation in Argentina in Conquest of Latin America

OkCoin, a leading digital asset platform for fiat and token trading headquartered in Beijing, has expanded its operation to Argentina and is about to do the same in other Latin America countries. Instiutional and retail customers are now able to exchange the Argentine peso for any cryptocurrency included in its offering. OkCoin Offers Fiat-to-Crypto Exchange […]

Application for Chinese Crypto Miner Canaan’s $400 Mln IPO Lapses

Cryptocurrency mining equipment producer Canaan’s Initial Public Offering (IPO) application has lapsed, Reuters reported Nov. 15. The offering was set to take place on the Hong Kong Stock Exchange (HKEX). Founded in 2013 in China, Canaan manufactures application-specific integrated circuits (ASICs) for digital currency mining. Canaan is the world’s second largest cryptocurrency hardware maker, collecting […]

The Only Regulated Bitcoin Exchange in Germany Will Become A Bank in 2019

The operator of Germany’s only regulated cryptocurrency exchange has confirmed it will de facto become a bank after securing a 100 percent takeover of Tremmel Wertpapierhandelsbank. Bitcoin.de Buys Tremmel Wertpapierhandelsbank Bitcoin Group SE, which operates Bitcoin.de, will be able to offer a raft of services connected with cryptocurrency thanks to a banking license once the […]

Bitcoin Cash War Begins: Hash Power of BCH Increasing Rapidly

Bitcoin Cash’s controversial chain split scheduled for today has been activated at block number 556,766. Around three hours after the split, it appears that one of the main instigators of the fork is struggling to keep pace with the mighty combined hash rate of Bitcoin.com and Bitmain. Where’s All That Hash Power Then Craig? According to […]

Ripple (XRP) Overtakes Ethereum as Second Biggest Crypto By Market Cap

Ripple (XRP) has once again overtaken Ethereum by market cap amid ongoing cryptocurrency market turbulence and bearish sentiment. Only $100k Separates Ripple and Ethereum As data from Coinmarketcap confirms, Ripple’s XRP token is now the largest altcoin, losing less than Ethereum in the past 24 hours. As a result, ETH is now in the third-largest cryptocurrency, […]