Bitcoin Fees Temporarily Less Than BCH, Can This Continue?

Transaction fees are a hot topic of debate in the cryptocurrency world. There are numerous discussions regarding Bitcoin versus Bitcoin Cash fees in this regard. It now seems the average Bitcoin transaction cost is lower than that of BCH. As is usually the case, such a temporary snapshot can look very different in a few…

Bitcoin and Crypto on Continuous Decline: Major Factors and Trends

The year 2018 hasn’t been kind to the cryptocurrency and bitcoin industry. All markets are bleeding value for nearly five full months now. There are various factors which may contribute to this ongoing decline. Besides potential market manipulation, a few other trends are also worth taking into account. The Negative Cryptocurrency Trends Perhaps the most…

One of the Largest Banks in the Philippines is Implementing Ethereum With ConsenSys

UnionBank, one of the biggest banks in the Philippines, is working with US-based blockchain software technology company ConsenSys founded by Ethereum co-founder Joseph Lubin to assist local financial institutions in integrating Ethereum and blockchain-based platforms. Remittance-Focused Industry The Philippines has a unique financial infrastructure, and the banks are aware that only the upper class and…

South Korea’s Biggest Cryptocurrency Exchange Will Ban Trading in North Korea and Iran

Bithumb, South Korea’s biggest cryptocurrency exchange alongside UPbit, has banned digital asset trading in North Korea, Iran, Iraq, Sri Lanka, and seven other countries that are considered as high-risk jurisdictions by the Non-Cooperative Countries and Territories (NCCT) Initiative. Beginning May 28, the Bithumb team stated that to prevent its infrastructure and platform from being used…

Bitcoin Price Weekly Analysis: Can BTC/USD Hold $7K?

Key Points Bitcoin price remained in a bearish zone above the $7,000 support against the US Dollar. There is a key declining channel forming with resistance at $7,600 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair has to stay above the $7,200 and $7,000 support levels to avoid a…

TRON [TRX] gains more supporters with BITKOP and Hydro Protocol

On May 24th, the Founder of TRON, Justin Sun tweeted confirming their partnership with Hydro Protocol and BITKOP, another decentralized trading platform. TRON has successfully been gaining support from all over the world to create a more ‘centralized trading experience’, especially with its upcoming Mainnet launch that is scheduled for the 31st of May. The…

IOTA [MIOTA] launches “IAMPASS”, an integration of Biometrics and Blockchain

IOTA Tangle is based on a “Directed Acyclic Graph”, instead of the “Blockchain”. Tangle points out identity, mobility, supply chain, healthcare and many more application groups to explore on a scalable, zero fees based decentralized trust layer. This means seamless operations at zero cost. The world usually concentrates on cryptocurrencies while the distributed ledger technologies…

Growing Rumours Speculate About Bitfinex’s Link with Puerto Rico’s Noble Bank

Additional evidence is emerging to link the mysterious cryptocurrency exchange Bitfinex to the island of Puerto Rico. According to ‘people with knowledge of the matter,’ the company has been banking with the island’s Noble Bank International since last year. Bitfinex Linked to Noble Bank Again According to a report from Bloomberg, the cryptocurrency exchange Bitfinex…

Open Platform and Element Group Announce a Strategic Partnership

Partnership focuses on advancing OPEN Platform adoption on the global market through post-tokenization support. Element Group, a full-service advisory firm for the digital token capital markets, today announced their strategic partnership with OPEN Platform, the first-ever decentralized payment platform for apps and online transactions. Element’s ongoing involvement will focus on ensuring the post-tokenization functionality of…

US Justice Department Investigates Price Manipulation in Bitcoin Market

  Have you ever felt that someone is controlling the crypto markets, increasing prices to lure you in and crash it all as soon as you buy? Well, US authorities have apparently heard your whining because they are now reportedly suspicious manipulation is indeed occurring. Also Read: Bitcoin in Brief Thursday: Main Street Adopts Bitcoin Ahead…

Bitcoin Use Case: Limiting Government Growth

The Institute for Justice (IJ) bills itself as the national law firm for liberty. IJ works to slow the growth of government in the US in all its forms: economic freedom, education, private property, freedom of speech, not to mention amicus briefs to the Supreme Court. Now bitcoiners can help support IJ’s valuable work, a…

Cryptocurrency Exchange Verification Is Getting Weird

Back in the day, before cryptocurrency was worth anything, an email address and a password was all you needed to login to an exchange. Then came 2FA, using email verification or Google Authenticator. Then came the third generation of secure sign-in methods, and that’s when things started getting weird. Also read: Darknet Market Rapture Has Been…

Bitcoin in Brief Thursday: Main Street Adopts Bitcoin Ahead of Wall Street

In today’s edition of Bitcoin in Brief we feature stories that show how fast and nimble banks that support cryptocurrency-based businesses are benefiting at the expense of the larger players that have yet to enter the market, how more financial institutions want to join and how crypto ventures are making it easier for them. Also…

Coinbase Acquires Decentralized ERC-20 Trading Platform Paradex

On Wednesday, May 23 the San Francisco based exchange Coinbase announced the acquisition of a decentralized digital token relay-trading platform called Paradex. Alongside adding the decentralized exchange (Dex), the firm has also revealed it is retiring the name GDAX and that platform will soon be known as ‘Coinbase Pro.’ Also Read: Markets Update: Stormy Weather Continues…

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