Bitcoin price managed to record yet another high for the year today, after registering USD 9,469 just past midnight UTC on Tuesday (CoinDesk), coinciding with the start of East Asian markets. However, it was unable to hold onto fresh gains, but at the same time, has not traded below USD 9,100 in the past 24 hours as that support level …

Some USD 1.3 billion in digital assets now sit under the care of Coinbase Custody, and if the custodial services firm is to be believed, this will soon reach USD 2 billion in total assets under custody (AUC). A statement from the company reads: “We have $1.3bn AUC and expect to hit $2bn soon. We have no intention of stopping …

Brazil’s cryptocurrency uptake may not have been helped by the country’s new president Jair Bolsonaro who seems to know absolutely nothing about crypto. But his head of banking clearly does. “I don’t know. Is it a coin?” Brazil’s new leader recently asked, when Bitcoin was put to him. However, his administration has taken up previous president Michel Miguel Elias Temer’s …

Bitmain, one of the largest Bitcoin mining equipment manufacturers in the world, is now suing three former staffers behind rival mining pool Poolin. The chip manufacturer is seeking USD 4.3 million in damages after claiming that the Poolin co-founders were in violation of non-competition clauses, although the defendants are saying that these clauses were made void when Bitmain did not …

If Twitter’s Jack Dorsey is reluctant to condone a Facebook cryptocurrency, he hasn’t actively spoken out against it. But according to him, cryptocurrency’s greatest asset, Bitcoin, belongs to everyone. The co-founder and CEO of Twitter, and founder and CEO of mobile payments company Square, has in fact stuck to his call for “a currency for the internet” which is not …

As thousands of people march in Hong Kong to protest the leadership and oppose an extradition law being proposed, some of the wealthier residents are being prompted to move their capital into Bitcoin, according to Bitcoin.com, leading to premiums in the Chinese territory. Since last week, the world’s most used crypto has been trading at around 1% higher than the …

After an incredible breakthrough past resistance at USD 9,000 yesterday to set a record new high for the year, Bitcoin price has only once went below that line in the past 24 hours, finding tentative but decent support around USD 9,100, with Central Europe waking up now to a price of around USD 9,196 (7:05 am UTC, CoinDesk). Once more, …

It’s time to sum up the weekly Bitcoin trading. The sellers could not keep the critical price zone of USD 8200- USD 8300, which we wrote about in the previous analysis, after that the price began to grow freely and quickly reached the USD 9200 mark and now is traded even slightly higher than this price. Starting from 5 June, …

Bitcoin.com reports that a gathering of crypto communities in India are now petitioning their government for faster clarification of crypto regulation. This comes after widespread reports and rumors about an upcoming Indian bill to ban crypto. The Upper House of the Indian Parliament has also reportedly used its television network to broadcast a discussion of the bill as three Right …

As Bitcoin valuation marks yet another record for the year, achieving a price not seen since 13 months ago in May 2018, the number of active Bitcoin addresses has also crossed the 1 million threshold – a number not seen since 27 November 2017. Analytics website CoinMetrics.io provides this statistic, defining it as the number of unique addresses with both the sending …