BTC price forms new support at $16.8K as Bitcoin lures ‘mega whales’

Five experts will testify at a hearing titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation,” with two of them releasing their scripts in advance. 95 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe United States House of Representatives Committee on Financial Services will hold…

An alleged cryptocurrency pyramid scheme in Uganda has fled after defrauding dozens of victims that invested in and worked for the scheme.Dunamiscoins Resources Limited opened in Masaka last month and started inviting individuals to invest and become part of its “digital currency network,” independent Ugandan newspaper Daily Monitor reports Dec. 5. The firm’s offices closed…

Experts warned that South Korean authorities may struggle to identify all people who used crypto payments. South Korean IT experts claim that investigators in the Telegram Nth room case could have trouble identifying users who used crypto payments to access illicit videos via the chat platform. Overseas exchanges’ transactions could be an issueAccording to local media,…

For the first time since 2013, the U.S. is no longer the top recipient of Bitcoin (BTC) as valued in USD, as Singapore took the lead over the course of 2019.As of Dec. 5, 2019, global users sent BTC valued at $8.58 billion to Singapore in 2019, according to analytics site Crystal Blockchain. Users in…

"It's net good news for GBTC shareholders and FUD fighting," said Selkis. 830 Total views 7 Total shares According to a new Twitter post by Ryan Selkis, CEO of blockchain research firm Messari, Grayscale Bitcoin Trust's (GBTC) controlling shareholders Genesis Global and Digital Currency Group cannot simply "dump" their holdings to raise more capital. Selkis…

As part of the long-running Steem drama, the Steem (STEEM) network experienced another fork today. Particularly designed to tackle “constant attack from malicious accounts,” the new hard fork doesn’t appear to have been entirely successful.Code named “New Steem” the hard fork 0.23 had two primary aims. The first was to reduce the power down period…

The Monero community has raised $150,000 as part of a proposal to add XMR as a payment option on the Tesla website. 260 Total views 1 Total shares The Monero community has posted a proposal to add XMR as a payment option on the Tesla website.Shortly after Elon Musk’s Tesla Motors hinted that they may…

The price of the top-ranked cryptocurrency by market capitalization, Bitcoin (BTC), is set to explode in the coming week providing the weekly candle opens above $9,200. This would signal the end of a 46-week descending channel that BTC/USD has been locked in since it nearly tapped $14,000 in the summer of 2019. So is this the…