October 2020 | Page 3 of 169 | Last Cryptocurrency News Feed

BREAKING: Bitcoin Just Broke To Its Highest Price Since Jan-2018

Bitcoin is having a good year despite the coronavirus panics and the nervousness of the markets. After reaching an annual high of about $13863 on Oct. 28, the world’s largest cryptocurrency by market capitalization underwent a sharp correction of almost $1000 before rebounding and stabilizing at $13281. From that point on, it began a stable…

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$14K: Bitcoin Hits Highest Level Since January 2018

Oct 31, 2020 at 10:09 UTCBitcoin has carved out a 33-month high, showing resilience amid growing instability in the traditional markets.The top cryptocurrency by market value reached $14,047 around 10:05 UTC on Saturday – the highest level since January 2018, according to CoinDesk's Bitcoin Price Index.Earlier this week, bitcoin narrowly missed breaching the June 2019…

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The evolution of crypto exchanges — What’s next for the industry

From what started as something of a “technological experiment” with Bitcoin (BTC) over a decade ago, the crypto asset industry has become a significant driver for change in global financial markets. Cryptocurrency exchanges started as a means to enable crypto enthusiasts to trade digital coins outside the traditional financial system on a decentralized and largely…

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Why Bitcoin price and volume rising together is bad news for Ethereum, altseason

Bitcoin (BTC) is sucking up the volume from the entire cryptocurrency market as it continues to rally. This is causing the alternative cryptocurrency (altcoin) market to pullback, which has seen rising selling pressure and low buyer demand.On Oct. 30, researchers at Santiment pinpointed the growing volume and dominance of Bitcoin, while Chainlink (LINK), Ether (ETH)…

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Ethereum price ascending channel breakout possible if Bitcoin consolidates

Consolidation from Bitcoin would allow Ethereum to double bottom in its BTC pair and possibly breakout from the ascending channel in its USDT pair. 279 Total views 11 Total shares In the past week, altcoins prices received a significant haircut, and investors who were light on Bitcoin (BTC) saw their portfolio value take a hit. Initially,…

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Gotta collect ’em all: An overview of NFT marketplaces

Currently worth $100 million, the nonfungible tokens industry is changing how the ownership and authenticity of digital assets are perceived. Leading entities in the gaming and blockchain world are already experimenting with NFTs in all sorts of ways. However, the primary goal is to prove the authenticity and ownership of digital items, which had proven…

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Crypto Lender Celsius Taps Horizen for ‘Proof-of-Reserves’ Proof of Concept

Oct 30, 2020 at 20:59 UTCUpdated Oct 30, 2020 at 21:09 UTCCrypto Lender Celsius Taps Horizen for ‘Proof-of-Reserves’ Proof of ConceptCrypto lender Celsius is producing a series of experiments over the next few months that would test what it would look like for the company to decentralize some of its operations. The centralized finance (CeFi) stalwart…

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Impending pennant breakout sets Bitcoin price back on the path to $14,000

Increasing volume and a breakout above a key trendline have set Bitcoin price back on the path to $14,000. 387 Total views 9 Total shares As the weekend approaches, Bitcoin (BTC) price appears set to close out the month with a remarkably strong performance which has many bulls calling for a new all-time high above…

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How the IRS tracks down people who don’t report their crypto

The United States tax authority doesn't seem to be very efficient when it comes to tracking down who owes crypto taxes — for now. 669 Total views 11 Total shares Crypto income taxation is a murky arena at present. It would seem that even the U.S. Internal Revenue Service, or IRS, has a tough time…

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Germany’s central bank is working on a blockchain project, but it’s not a CBDC

Bundesbank seems to be coyly flirting with blockchain technology. 1956 Total views 22 Total shares According to a public notice published in the Supplement to the Official Journal of the European Union, Ocean Protocol, a Singaporean non-profit foundation, was hired to create a decentralized network for Germany's Bundesbank.The central bank said that the Ocean protocol,…