Bitcoin

The Daily: Genesis Reports 50% Increase in OTC Volume, Bittrex Moves 130,000 BTC

January 12th, 2019

OTC crypto platform Genesis Global Trading has increased its annual trading volume by 50 percent and we’ve got the details in this edition of The Daily. We also feature an announcement by Bittrex which sought to calm traders who spotted 130,000 BTC being moved, and the launch of an offers bot by P2P exchange Hodl…

Mongolia’s Cheap Electricity Draws Japanese Bitcoin Miners Seeking Profit

January 12th, 2019

A combination of cheap electricity and cold weather has started to draw a growing number of Japanese bitcoin miners to Mongolia, a country sandwiched between China to the south and Russia to the north. Amid falling mining revenues in other regions of the world due to the current crypto bear market, companies that have set…

Japan Approves 17th Crypto Exchange – Its First in Over a Year

January 12th, 2019

It has been over a year since Japan’s Financial Services Agency last approved a cryptocurrency exchange to legally operate in the country. Coincheck, which was hacked early last year, has become the 17th fully-registered crypto exchange in the country. The exchange has made numerous improvements after it was acquired by Monex Group. FSA Finally Approves…

A Look at Some of the ‘Next Generation’ Bitcoin Mining Rigs Available Today

January 12th, 2019

Over the last year, cryptocurrencies have lost a lot of value yet bitcoin miners continue to process transactions and earn block rewards. A bunch of new mining rigs was announced in 2018 that packed some serious hashrate. As the new year begins, some of the top devices that process between 28-76 trillion hashes per second…

UTXO Analysis Points to a BTC Price Bottom in Q1 2019

January 11th, 2019

“When will the bear market end?” is the refrain of bored and frustrated traders across crypto Twitter. “Soon” is the answer suggested by Delphi Digital’s latest report. “Bitcoin Holder Analysis Through Cycles” seeks to determine when selling pressure that has deflated BTC prices over the past 12 months will alleviate, signaling that market recovery could…

Pavel Durov Closes UK-Based Company Telegram Messenger LLP

January 11th, 2019

Russian-born entrepreneur Pavel Durov is liquidating Telegram Messenger LLP, the Britain-based company behind the popular messaging service Telegram. The same entity is registered as the messenger’s operator in the Russian Federation, where Telegram is currently banned. Application for Voluntary Strike Off Filed in the UK The application to strike the limited liability partnership off the…

Bisq DEX Launches DAO on Testnet as Developers Seek to Decentralize Governance

January 11th, 2019

Decentralized cryptocurrency exchange Bisq has upgraded its open source software. The revamped platform includes a new user interface in addition to marking the launch of the Bisq Decentralized Autonomous Organization (DAO) on testnet. Bisq Launches Decentralized Autonomous Organization on Testnet The latest version of Bisq’s software, v0.9, has seen the decentralized exchange launch its DAO…

The Differences Between Forex and Crypto Trading

January 11th, 2019

Many would argue that comparing cryptocurrency trading with forex is like comparing apples and oranges, but that’s not entirely accurate. On closer inspection, there is a number of similarities between the two. For example, the underlying market dynamics of supply and demand will usually govern the prices of the respective assets. Here traders share their…

Bitcoin Price Analysis Jan 11: BTC Gearing To Test $3,200?

January 11th, 2019

Bitcoin price fell significantly after it broke the $3,880 support against the US Dollar. BTC/USD tested the $3,535 support and it remains at risk of a break towards $3,200. Important Points: Bitcoin price dived recently below the $3,880 and $3,680 support levels. BTC broke a major bullish trend line with support at $3,840 on the…

The Daily: Critical Bug Found in Beam Wallet, Wirex Adds Another Cryptocurrency

January 11th, 2019

In Friday’s edition of The Daily, we cover the news about a vulnerability found in the Beam Wallet days after the launch of the Mimblewimble-based coin. Also, crypto card provider Wirex has added waves to its list of supported cryptocurrencies, and digital asset exchange Exmo has registered an increase in the number of Belarusian users…