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BitcoinNews.com Bitcoin Market Analysis 21st March 2019

BitcoinNews.com Bitcoin Market Analysis 21st March 2019

Starting from 18 March, buyers have been trying to build a local trend movement, with a clear line of support. However, if we remember the previous analysis, now the price moves in consolidation, with limits of $4,040 being the lower limit and $4,120 the upper limit. At the moment, buyers are able to break the upper limit of consolidation relatively …


Exclusive: Researcher Claims to Have Cracked Bitcoin Mixing Services

College Student Claims to Have Cracked Bitcoin Mixing Services

A college researcher has claimed to have successfully cracked the algorithm behind most centralized Bitcoin mixing services. Using his methods, he says he can backtrack all transaction history done by the service providers. In an interview with Bitcoin News, Ruhr-Universität Bochum researcher Felix Maduakor explained how he carried out a study to assess the privacy levels of Bitcoin mixing services. In …


North Korean Dissidents Sell “Post-Liberation Blockchain Visas” on Ethereum

North Korean Dissidents Sell “Post-Liberation Blockchain Visas” on Ethereum

Political dissidents of North Korea’s authoritarian leader Kim Jong-un have taken to the Ethereum blockchain to issue so-called “post-liberation blockchain visas” in an effort to raise cryptocurrency funds to overthrow the government. So far, the group known as the Cheollima Civil Defense (CCD) has raised USD 57,000 in Bitcoin and will be selling the G-VISAs for ETH 1 each. CCD says …


JP Morgan Promotes “Faster, Cheaper” Blockchain Payments

JP Morgan Promotes “Faster, Cheaper” Blockchain Payments

A JP Morgan executive has taken the opportunity on camera to promote blockchain payment methods as ”faster and cheaper” than the traditional alternatives. Ron Karpovich, Global Head of eCommerce Solutions at JPMorgan Chase, was interviewed by CNBC’s Squawk Box earlier today where he explained blockchain technology was capable of proving the same, if not better, services than traditional banks while requiring …


QuadrigaCX Co-Founder’s Prior Convictions Exposed

QuadrigaCX Co-Founder’s Prior Convictions Exposed

More information related to the closure of QuadrigaCX has been revealed, notably implicating the exchange’s co-founder Michael Patryn as a convicted criminal. Patryn founded the Canadian cryptocurrency exchange with the recently deceased Gerald Cotten, although it is now known the former was found guilty in several criminal cases in the US, including one instance involving identity theft. The investigative report published by Bloomberg …


Nasdaq, Bloomberg, Reuters List CoinMarketCap Crypto Indices

Nasdaq, Bloomberg, Reuters List CoinMarketCap Crypto Indices

A number of major financial data feeds will now list two cryptocurrency benchmark indices provided by CoinMarketCap, as revealed in a blog post by the crypto markets monitor today. The platforms involved in the launch include Nasdaq Global Index Data Service (GIDS), Bloomberg Terminal, Thomson Reuters Eikon and Germany’s Börse Stuttgart. The first index has been dubbed CMC Crypto 200 Index (CMC200), …


Bitcoin Hash Rate Hits 4-Month High, Sparks Optimism

Bitcoin Hash Rate Hits 4-Month High, Sparks Optimism

Bitcoin’s hash rate has reached the highest levels seen since November 2018. The increase in mining power suggests profits available at the current spot price as well as potentially expectations for a future price increase. Surpassing 52 quintillion hashes per second Tuesday 19 March, mining difficulty has changed little for the last month or so, meaning new miners have had an …


Exclusive: How a Local Startup Was Instrumental in Pakistan’s Decision to Legalize Crypto

How a Local Startup Was Instrumental in Pakistan's Decision to Legalize Crypto (2)

Pakistan’s own national celebrity and humanitarian Wakar Zaka has told Bitcoin News that his project, TenUp, played a key role in both informing the government about the technology and rousing a significant pressure group among the country’s population in favor of cryptocurrency legalization. Pakistan’s Finance Minister Asad Umar has issued a recommendation to legalize cryptocurrency trading and business in the country. …


BitcoinNews.com Bitcoin Market Analysis 20th March 2019

BitcoinNews.com Bitcoin Market Analysis 20th March 2019

During the past four days, price traded in a narrow 2% corridor between the prices of $4,040–4,120. Today, buyers have decided to try to break through this consolidation. However, this attempt was not supported by a sufficient number of volumes. This is quite clear in comparison with the attempt to break through the global triangle on 16 December: However, sellers …


How Blockchain Can Help Fight Climate Change

How Blockchain Can Help Fight Climate Change

Blockchain is often misunderstood to be an energy-inefficient technology, with the Bitcoin mining process frequently criticized for its energy usage and perceived wastefulness. But in actuality, the technology behind the cryptocurrency allows for the decentralization of systemic processes which can help maximize energy efficiency as the world looks for sustainable solutions in the fight against climate change. Decentralizing the power grid As …


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