Weiss Crypto Ratings: Bitcoin Best Bet as Long-Term Store of Value
Independent ratings agency Weiss has released a comprehensive report on the cryptocurrency market entitled ‘Dark Shadows with a Bright Future‘. It names Bitcoin as the cryptocurrency most likely to succeed as a digital asset with a long-term store of value. The report begins by stating an obvious reminder about the current state of the crypto […]
Kaspersky Warns Notorious North Korea Hackers Still Targeting Exchanges
Russian-based cybersecurity and anti-virus provider Kaspersky Lab has warned that hacker groups believed by many to be backed by North Korea are still focusing their attacks on cryptocurrency exchanges. Furthermore, the hackers are learning new tactics quickly to overcome detection. The anti-virus company said yesterday that these attacks were mainly financially motivated, with the infamous Lazarus […]
Bitcoin Core Developer Regards Western Union as Biggest Rival
Bitcoin core developer Peter Todd has fingered global money transfer company Western Union as Bitcoin’s biggest competitor, adding that Bitcoin doesn’t stand a chance against the likes of Visa and Mastercard in certain payment aspects. Todd’s comments came during a panel discussion at the 2019 MIT Bitcoin Expo, where Bitcoin’s utility as a payment method […]
US Law Association Asks States to Withdraw Virtual Currency Model Act
The Uniform Law Commission yesterday called upon US states who were considering its proposed model act for dealing with virtual currencies to hold their horses from enacting legislation, pending the findings of a new joint committee studying the impact of new technology on commercial law. Forbes first reported what it termed as “seismic news“; ULC […]
Saifedean Ammous Says Bitcoin “Completely New Animal”, Built to Soar
The latest Tweetstorm to hit the crypto space sees famed Bitcoin economist and author of The Bitcoin Standard, Saifedean Ammous, insist that the world’s most used cryptocurrency cannot be compared to bubbles and is a “completely new animal” that is designed to rise in value with unprecedented pace. It all started with a fairly innocent […]
Swiss Crypto Valley Rebrands Blockchain Summit with #BUIDL Theme
The biannual blockchain conference hosted by the Crypto Valley in Zug, Switzerland, has decided to rebrand itself this year, with a distinct crypto flavor that will appeal to diehard industry players. Formerly known as the “Blockchain Summit – Crypto Valley”, the international event will now be called the “CV Summit”. Kicking off its fourth edition […]
Central Bank of Egypt Announces $57 Million Fintech Startup Fund
Digital news outlet Disrupt Africa has reported that the Central Bank of Egypt (CBE) has announced a financial tech fund worth EGP 1 billion (USD 1 million) to help boost startups in the industry nationwide. The deputy governor of the CBE, Ayman Hussein, was quoted as saying that there was no formal launch date decided […]
Bitcoin Only Ranks 15th in China Crypto Rankings
The China Electronic Information Industry Department (CCID) has just announced its latest rankings for cryptocurrency projects for the month of March. Much to the bemusement of many crypto enthusiasts on social media, the CCID’s Global Public Blockchain Technology Assessment Index (XI) has scored Bitcoin a mere 15th place on the rankings, while EOS sits at […]
BitcoinNews.com Bitcoin Market Analysis 15th January 2019
After most of the buyers had high hopes that the price would break through the trend line which is the basis of the “Inverted head and shoulders”, sellers were able to stop growth and break this local trend by breaking the trend line that buyers were trying to protect since December 27. The local buyers […]
Ethereum Weekly Analysis 11th January 2019:
After a 16-day period of buyers trying to punch and fix the price zone above USD 140-160, price has been in a growth correction since 17 December 2018. In the previous analysis, we described in detail the reasons why we believe that the main scenario is a local turnaround from the price range of USD […]
