Ethereum bulls and bears fight to win this week’s $2.8B ETH options expiry
Ethereum price showed strength in September, but data suggests holding above $2,600 will be a challenge.
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Crypto Markets See Sharp Drop-Off on the Day, Bitcoin Dips Below $6,300
Wednesday, Oct. 10: Crypto markets have suffered a sharp decline within an hour, with Bitcoin (BTC) plunging below the $6,300 threshold, and the top altcoin Ethereum (ETH) nearly touching $200.According to CoinMarketCap, virtually all the top 100 cryptocurrencies by market cap have suffered major declines at press time, with 19 out of the 20 top…
Open-Source Platform Lets Users Build Their Own Blockchain in Under 10 Min
An out-of-the-box solution says it enables anyone, even with no experience, to build their own blockchain in under 10 minutes.According to Nuls, businesses are going through a similar evolution as they did with the early internet, when every company wanted their own website: They now want their own blockchain. And although these firms may not…
Price analysis 9/30: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT
The United States equities markets have been under a firm bear grip for a large part of the year. The S&P 500 and the Nasdaq Composite have declined for three quarters in a row, a first since 2009. There was no respite in selling in September and the Dow Jones Industrial Average is on track…
Bitcoin Is a Truth Machine, Says Gold Bullion International Co-Founder
Gold Bullion International co-founder Dan Tapiero analyzed Bitcoin’s (BTC) value as a truth machine.Tapero made his regards during an interview with business news outlet AlphaWeek published on Sept. 10. He said:“What it is is an invention, and I think it should be referred to as an invention rather than all the other things. It’s a,…
TBCASoft, IBM and SoftBank Announced a Mobile Payment Blockchain
Blockchain platform TBCASoft, technology behemoth IBM and telecommunications conglomerate SoftBank announced on Oct. 22 a collaboration to adopt a cross-carrier telecommunications blockchain payment solution.New cross-carrier systemPer the release, the partnership aims to allow carriers to use blockchain through the Carrier Blockchain Study Group (CBSG) Consortium — founded by TBCASoft and SoftBank. TBCASoft reportedly already created…
Hungary plans Bitcoin tax cut as part of economic recovery program
Lawmakers are reportedly planning to cut taxes on Bitcoin gains in half, possibly as early as 2022. 2876 Total views 12 Total shares Cryptocurrency investors in Hungary could be getting a major tax break very soon, as lawmakers seek to make the central European country more competitive in the wake of the Covid-19 pandemic.In a…
Amazon Patent Casts Light on Plans to Create Proof-of-Work Blockchain Analog
Retail behemoth Amazon has received a patent for generating Merkle trees as a solution to the proof-of-work (PoW) algorithm, a document confirmed on May 14.Amazon, which has taken an increasing interest in blockchain technology in recent times, now appears to be targeting development of a specific variation of the instrument.Specifically, the patent targets Merkle trees…
Celsius creditors allege Wintermute facilitated ‘wash trading’: Report
It was alleged that Celsius executives engaged Wintermute to conduct wash trading to “fraudulently" manipulate trading volumes on the Celsius platform. Creditors of bankrupt cryptocurrency lending platform Celsius have alleged that crypto market maker Wintermute assisted Celsius executives in manipulating the prices of CEL (CEL) through the use of “wash trading.”According to a June 23…