Bitcoin gained by 0.83% to $8,782.2 on Monday. The crypto fell to an early morning low of $8,620.0 before hitting a high of $8,808.7. However, it left the major support and resistance levels untested so far. Bitcoin suffered a significant loss on Sunday, plummeting down by 5.08%. It ended the week down by 9.91% to …
Bitcoin rose on Monday after losing 5.08% in the last week Read More »
Bitcoin is the biggest and one of the most famous cryptocurrencies in the world. A cryptocurrency startup knows how to earn money even and has an interesting approach to crypto mining. The name of this startup is Layer1. It is a well-known fact that it is hot in Texas. However, the real heat and humidity …
Electricity Reliability Council of Texas and Bitcoin Read More »
It is not a secret that crypto mining is a profitable business. However, one cryptocurrency startup found a way how to earn money even when they turn off crypto miners. The name of this startup is Layer1. Importantly, famous people such as billionaire Peter Thiel supports this startup. Interestingly, Layer1 started to install steel boxes …
Cryptocurrency Startup Layer1 and its Approach to Bitcoin Read More »
Bitcoin is the first cryptocurrency in the world. In the last ten years, it plays an important role, and even after so many years, it is the number one digital currency in terms of market capitalization. It is worth mentioning that after a major decline, Bitcoin was able to find support near the $8,670 level …
Earlier, the Winklevoss twins say they are in discussions with Facebook about joining the Libra Association. Facebook founder Mark Zuckerberg and twins Cameron and Tyler Winklevoss have quite a conflict in the past with each other. In 2004, the conflict shot from the fact that the twins charged the Facebook founder for $65 million. All due to stealing their idea for …
Winklevoss Twins in Talks About Joining Libra Digital Coins Read More »
Holders of digital coins in Israel, whose numbers have been surging in recent years, are now experiencing a critical problem. In many cases, the local banks decline to let them open an account. It is where they can deposit money earned from the sale of bitcoin or other cryptocurrencies. It appears, however, that local bitcoin …
Israeli Digital Coins Holder Go Up Against Banks Read More »
According to a report from daily local news, Bitcoin holders in Israel have made legal action. The move is against local banks. It is after denying responsibility in opening accounts for customers seeking to deposit money from cryptocurrency sales. The holders and other commercial banks are demanding the Bank of Israel. The demand has to …
Israel Digital Coins Holder Appeals for Policy Disclosure Read More »
On Monday in Asia, the price of Bitcoin strengthened. Meanwhile, the People’s Bank of China (PBOC) said its digital coins “can now be said to be ready”. Although it will not affect the overall movement of the market. Bitcoin increased 0.1% to $11,409.8. Ethereum grew 1.1% to $212.66, while XRP traded 1.0% to $0.30274 and …
Bitcoin Rises amid People’s Bank of China’s Crypto Pilot Read More »
The Walmart retail, a major US corporation, is arranging processes for a cryptocurrency and already on the starting point. On August 1, the company filed a patent for the system and method of digital coins via Blockchain. Meanwhile, Facebook is at work with its partners on enhancing the cryptocurrency Libra. News report this week indicated …
On Wednesday, Facebook chief executive Mark Zuckerberg confirmed his commitment to the social network’s search. It is with the launching of Facebook Libra cryptocurrency despite pushback from governments and critics. Last month, Facebook unveiled the plans for Libra. It is an announcement that flickered fears of the unintentional consequences of a loosely supervised global currency. …
In Asia, U.S. Treasury Secretary Steven Mnuchin voiced new pessimism about Bitcoin’s futures. On Thursday, Bitcoin also increased above the critical $10,000 level. The bitcoin price rose 4.9% to $10,145.8. After Mnuchin said he thinks the outlook for the crypto king is unwelcoming, the gains improved. In a news report interview, Mnuchin stated, “I won’t …
Bitcoin Price Upsurges After Mnuchin Expressed Negativity Read More »
On Tuesday, the Swiss Federal Data Protection and Information Commissioner said Facebook’s Libra cryptocurrency project did not respond to the request of information by Switzerland’s data privacy watchdog. Meanwhile, observing more details will help define the oversight role over the US social media company’s planned digital currency. Facebook announced the launching of Facebook Libra next …
Swiss Watchdog Awaits Response by Facebook Libra Read More »
India seems to be all set into banning private cryptocurrencies. In cryptocurrency news, all private cryptocurrencies not including the ones issued by the state, be outlawed in the country as the Reserve Bank of India requested. The central bank endorses the elimination of the interface of institutions for cryptocurrencies to be regulated. Apart from declaring …
Cryptocurrency News: The Indian Government Bans Bitcoin Read More »
Bitcoin supported the majors through the week as $11,000 proved to be a step too far. Drawing back the gains from Saturday, Bitcoin closed at $10,569.4 at the end of the day. On Sunday, it plunged by 1.59%. Bitcoin was bearish in the morning, making the intraday high of $10,812 decline to an afternoon intraday …
On Wednesday, senators convicted and criticized the proposed project of Facebook. Facebook showed it is not to be trusted by investors, as US lawmakers agree and criticized the cryptocurrency plan for adding a new member to the digital coins. On June 18, Facebook announced it will launch a new cryptocurrency called Libra in 2020 will …
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