Month: April 2020

An icy mountain in Norway’s Svalbard – an all but inhabitable, Arctic archipelago covered in glaciers and inhabited by polar bears – is an unlikely safe haven for cryptocurrency code, let alone a pillar of modern-day civilization. But it’s here, 250 meters underground in a forsaken coal mine, that GitHub has chosen to store reams of open-source code. That includes Bitcoin Core, by far the most popular code implementation of bitcoin’s underlying infrastructure and one of the most used repositories Read more …

Online purchases using Bitcoin (BTC), Visa, and some retail apps are down for the first quarter of 2020, spanning cryptocurrency and fiat currency transactions. With many around the world self-quarantining or otherwise recommended to stay inside to prevent the spread of COVID-19, one might assume there would be an increase in online purchases and deliveries. Yet with unemployment on the rise and an uncertain economic future, it seems consumers want to save their money rather than spend it. Bitcoin transactions Read more …

Advertisment There are many projects and startups from the crypto space that are holding airdrop campaigns for their users. If you are looking to get some free tokens, then check out our list that features the top airdrops of April 2020. Sensorium KuCoin  End date: 21 April  Est. value: $10 Sensorium Corporation is a company that uses technology to generate virtual experiences of real-life events. SENSO token is already supported for trading on KuCoin exchange. You want the latest news Read more …

The CTO for Tether and Bitfinex believes the USDT stablecoin can inject much-needed liquidity and stability into the emerging decentralized finance (DeFi) space. Speaking to CoinDesk at the CryptoCompare Digital Asset Summit in London earlier this month, Paolo Ardoino said the DeFi space faced systemic risk if it only leveraged value from the digital asset space. “You cannot have algorithmic stablecoins relying only on the crypto-assets themselves,” Ardoino said. The entire value of the DeFi space, a mass of complicated Read more …

Institutional traders have long known the benefits of derivatives trading, including leverage and hedging. By trading options markets, one can predetermine maximum gains and losses, even with volatile assets like Bitcoin (BTC).  Despite being far more complex, such instruments allow traders to generate gains independent of what happens over the next weeks or even months, which is essential for traders’ peace of mind to achieve optimal performance. Retail traders have only recently begun using derivatives, although they have focused almost Read more …

Advertisment HONG KONG, 31 March 2020 – AAX, the next generation crypto exchange that offers over-the-counter, spot, and futures trading, today announced the upcoming launch of its native exchange token, AAB. On a mission to connect crypto to global finance, AAX is introducing a series of innovative financial instruments such as tokenized commodities, indices, Bitcoin dimension products, social trading programs, and security tokens. AAB enables traders to engage these novel instruments and to share in the growth of the exchange.  You Read more …

Bitcoin corrected lower from the $6,600 resistance area against the US Dollar. BTC price is currently holding the key $6,250 support and it could start a fresh increase in the near term. Bitcoin started a short term downside correction from the $6,636 high against the US Dollar. The price is currently holding the key $6,250 support and the 100 hourly SMA. There is likely a bullish flag pattern forming with resistance near $6,420 on the hourly chart of the BTC/USD Read more …

The Australian National University (ANU)’s law school will roll out two new courses in its Masters program next year exploring the impact of blockchain on the legal field.  The courses are being developed with the assistance of Ripple’s Blockchain Research Initiative (UBRI) — a program that seeks to collaborate with universities to examine emerging trends and developments in distributed ledger technology, cryptocurrency and digital payments. ANU already offers undergraduate courses examining the intersection between blockchain and law, as do a Read more …

A new report has found strict regulations are discouraging overseas exchanges from opening in Japan, but would likely benefit new players in the long term. Double jump.tokyo, the game developer behind My Crypto Heroes, commissioned a research team at So & Sato Law Offices to carry out a comprehensive report on digital assets in Japan. Released on March 31, the report covers all aspects of digital assets in the Asian nation, from tokenized securities to crypto derivatives. Entering the crypto Read more …

Ripple is still struggling to surpass the $0.1780 resistance area against the US Dollar. XRP price is currently holding the 100 hourly SMA and it could rise again. Ripple price is still facing a strong hurdle near $0.1750 and $0.1780 against the US dollar. There key supports forming near the $0.1720 and the 100 hourly SMA. There is an expanding triangle forming with resistance near $0.1780 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair Read more …

Ethereum is still struggling to clear the main $135 resistance area against the US Dollar. ETH price must break the $135 hurdle to start a strong rally in the coming sessions. Ethereum is currently consolidating below the main $135 resistance against the US Dollar. The price is likely to find a decent support near the $130 region. There was a break below a connecting bullish trend line with support near $133 on the hourly chart of ETH/USD (data feed via Read more …

American Institute for Economic Research editorial director Jeffrey Tucker reignited the long-running Bitcoin scaling debate with a tweet earlier today. The economist — who has long been a proponent of Bitcoin (BTC) — suggested the current price is much lower than it otherwise would have been because the underlying technology has not been “properly scaled”. On March 31, Tucker tweeted: I’m not unimpressed by a $6K price of BTC. I was blown away when the thing reached $30.00. But can Read more …