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Why 2020 Will Bring Record Highs For Cryptocurrencies

This year will be one to forget for the majority of cryptocurrencies which are ending it lower than they began. 2020 could be fundamentally different though and here’s why. A Brighter Future For Cryptocurrencies Total crypto market capitalization is currently 50% higher than it was this time last year, however that is largely bitcoin’s doing. Read more…

Bitcoin Cryptocurrency News

Kelly Loeffler Steps Down As Former PayPal Exec Becomes Bakkt’s New CEO

Bakkt, the Bitcoin Futures trading platform of the Intercontinental Exchange (ICE), has recently appointed a new CEO as Kelly Loeffler stepped down. The former CPO of the company, Mike Blandina, will take her role, and, at the same time, the former COO, Adam White, will serve as President. New CEO and President of Bakkt Bakkt Read more…

Bitcoin Cryptocurrency News

Here are Bitcoin’s Most Dramatic 20% Moves since 2017

Bitcoin (BTC) has tended to look “boring” in 2019. But the coin has regular, dramatic price moves, exceeding 20% per day. This behavior has continued since BTC moved into the mainstream. Bitcoin Surprise Moves Happen Despite Overall Low Volatility Bitcoin saw volatile days from 2017 until now, with 20 occasions of price moves above 20%. Read more…

Bitcoin Cryptocurrency News

Bitcoin More Likely to Hit $10K in 2020 than Dip to $5K

Bitcoin is still in a consolidating bull market, shows the 2020 prediction of Mike McGlone, senior commodity strategist at Bloomberg Intelligence. Bitcoin Evaded the Worst Scenario of Fast Slide, So Far The behavior of BTC has been erratic in the last months of 2019, leading to even more erratic predictions for the next year. But Read more…

Bitcoin Cryptocurrency News

Germany To Issue Crypto Regulations On January 1 2020

The Amended Directive to the Fourth EU Money Laundering Directive will go into force in Germany on January 1, 2020. Some of the key changes affect how the German Banking Act and Payment Supervision Services Act relate to crypto. Crypto-Assets Are Now Financial Instruments The new law defines crypto-assets in a somewhat unwieldy manner: digital representation Read more…

Bitcoin Cryptocurrency News

Bitcoin Block Size Hits New All-Time High

The Bitcoin network keeps improving in multiple parameters, and this time, mean block size peaked, carrying the heaviest set of transactions on record. Block Size Growth Remains Organic A Bitcoin block has a variable size, though relatively small blocks usually propagate. There is no target or limitation, and the Bitcoin network has not set out Read more…

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BigTech Companies See Bitcoin Technology as Empowering

Social media giants are no longer opposing the power of decentralization and bitcoin technology. Instead, they are embracing it to solve the problems of a centralized Internet and put the power back in people’s hands. Bitcoin Decentralization ‘could unload some of their burdens.’ Since Bitcoin’s inception, many in the financial and technology sectors saw Bitcoin Read more…

Bitcoin Cryptocurrency News

5 Bitcoin Events That Could Happen Before 2020 Halving

The Bitcoin (BTC) halving narrative remains one of the chief sources of price speculation going into 2020. Altana Digital CIO, Alistair Milne, says we’re likely to witness 5 events take place before the big day arrives. Pre-Halving Months Will See Bitcoin Accumulation The Bitcoin halving event is less than 150 days away, and while it Read more…

Bitcoin Cryptocurrency News

Bitcoin All-Time High Anniversary Today, What’s Changed Since 2017?

Bitcoin (BTC) reached its all-time high on December 17, with an intra-day peak at $20,089.00. The coin arrived at that level after a turbulent month of exorbitant daily gains, but what’s different two years on? Bitcoin Only Spent a Moment at Peak Prices Soon after reaching the fabled $20,000 mark, Bitcoin’s parabolic trend turned for Read more…