Is Bitcoin price bouncing at 57K? Here's why these levels are key
Bitcoin is lingering near the $57,000 mark into FOMC, but is that the last the market will see when it comes to snap BTC price downside?
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LocalBitcoins Confirms Removal of Local Cash Trades
Global peer-to-peer (P2P) crypto exchange LocalBitcoins has officially confirmed the removal of trading in local fiat currencies, the firm announced in a tweet on June 4.As previously reported, the Finland-based exchange silently removed cash trading on June 1, which immediately caused some outrage in crypto community.In the official statement, LocalBitcoins noted that its liabilities are…
Coinbase CEO Brian Armstrong Tackles Four ‘Myths’ About Crypto Custody
Brian Armstrong, co-founder and CEO of United States crypto exchange and wallet Coinbase, has outlined what he believes to be four common misconceptions about crypto custody solutions. His article was published on Fortune’s crypto-focused segment The Ledger on Feb. 22.Cold storage refers to a method of keeping crypto holdings and users’ private keys offline in…
National University of Columbia Joins Blockchain Global Consortium for Science
The National University of Columbia is joining the global blockchain consortium for science dubbed Bloxberg, Mauricio Tovar Gutiérrez, co-director of the research group at inTIColombia told Cointelegraph en Español on April 15.Bloxberg is a blockchain initiative formed by 12 research organizations from 10 countries and led by the Max Planck Society, with the National University…
Community Donates 0.7 BTC to Phishing Victim Who Lost Entire Bitcoin Holdings
Crypto community members have donated 0.7 BTC to the victim of a phishing scam who lost his entire Bitcoin savings. 756 Total views 19 Total shares The crypto community has rallied in support of the victim of a phishing scheme who lost 12 Bitcoins (BTC) — the entirety of the investor’s holdings that had been…
Bitcoin plunges, Ethereum suffers, Musk loses billions: Hodler’s Digest, Feb. 21–27
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekIncreasing stock market volatility drags Bitcoin and altcoin prices lowerBitcoin has had…
Jimmy Song Highlights Decentralization as Key to Success of Bitcoin Over Altcoins
Perceptions of Bitcoin (BTC) versus altcoins changed forever in 2018, as the largest cryptocurrency separated itself from the rest, Bitcoin developer Jimmy Song wrote in a blog post on Dec. 31.An ardent defender of Bitcoin’s decentralized values, Song, who is also a frequent social media commentator, argued that last year “showed [...] what Bitcoin Maximalists…
Ethereum ICO participant dumps 3,000 ETH for $7.6M cash out
After selling 10,000 ETH in the past few months, the Ethereum ICO participant still has 37,000 ETH to cash out.
Why Has Brazil’s Central Bank Included Crypto Assets in Trade Balance?
Cross-border transactions on crypto assets are already relevant and have already had a considerable impact on the domestic economy of some countries. For example, last month, the Central Bank of Brazil (BACEN) reviewed the Brazilian Trade Balance for crypto assets with new classifications under IMF standards.In Georgia, for example, which accounts for about 15% of…