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Binance Coin declines by 9.8% following news of geo-blocking US residents from its platform

Binance, one of the world’s largest cryptocurrency exchange, has undergone revamps on its platform which has significantly contributed to the valuation of its native token, BNB. The digital coin surpassed the market cap of $5 billion in a recent report. However, the glory was short-lived as the exchange dropped two bombs within 24 hours. The […]

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Bitcoin Bulls Are Running Again – Is $9,000 The Weekend Target?

After over a week of consolidation, bitcoin price has started to move again as we enter the weekend. Many had anticipated a selloff and larger correction, which still may come, but at the moment the bulls are back in play as BTC breaks resistance. BTC/USD Breaks Resistance From an intraday low of around $8,200, bitcoin Read more…

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Bloomberg: Bitcoin Price May Hit $400K Due to Fundamentals, Not FOMO

Bitcoin’s improving fundamentals and the arrival of institutional investors could impact the volatility and price action of future rallies and corrections. The Nature of Bitcoin Rallies will Change Aaron Brown, the author of a recently published op-ed in Bloomberg, believes that the next sustained Bitcoin rally could be more measured as it will be propelled Read more…

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Jack Dorsey’s Square Makes First ‘Bitcoin Not Blockchain’ Hire

Following Jack Dorsey’s commitment to ‘give back’ to the Bitcoin ecosystem, Square Crypto has announced its first employee. Although not without a bit of good-natured trolling on Twitter first. Jack Dorsey’s Descent Into Bitcoin’s Rabbit Hole Twitter and Square CEO, Jack Dorsey, is a big fan of Bitcoin. We know this because a/ he doesn’t Read more…

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Crypto Spring Has Arrived; Institutional Money Will Move In: Barry Silbert

By CCN Markets: Bitcoin, the asset written off by many prominent economists after an enormous fall last year, has surged by more than 115% in the first half of 2019. The world’s largest cryptocurrency in May established a year-to-date high of $9,090 on Coinbase exchange. The price corrected downwards by more than $1,000 afterward. However, Read more…

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Miss Hong Kong Explains ‘Bitcoin Time Traveller’ On Biggest TV Channel

The winner of the Miss Hong Kong 2015 pageant has appeared on the territory’s most popular TV channel explaining the ‘Bitcoin Time Traveler’ theory. Explaining The ‘Bitcoin Time-Traveler’ Theory The theory stems from a Reddit post made in 2013, by a user named Luke Magnotta. In it, he claimed to be a time traveler from Read more…

Cryptocurrency News

Canadians With Coinbase Accounts Can Withdraw Via PayPal

According to a Coinbase blog article written by Allen Osgood, the crypto trading platform’s product manager, Coinbase has expanded its PayPal support to its Canadian customers. The article goes on to say that “Coinbase customers in Canada can now instantly transfer sale proceeds directly into their PayPal accounts.” Allen expounds on Coinbase’s commitment to mold Read more…

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Next Bitcoin (BTC) Boon to Be Facebook’s Globalcoin: Industry Investor

Next Bitcoin Boon As more news has been published in regards to Facebook’s crypto venture, experts of Bitcoin (BTC) have begun to speculate as to what effect the social media giant will have on cryptocurrency. Some are taking this discussion cynically, screaming that the Silicon Valley firm’s foray into the industry is a “Trojan horse” Read more…

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South Korea’s Biggest Bank U-Turns on Crypto With Custody Service

South Korea’s largest bank by assets, KB Kookmin, has partnered with a cryptocurrency startup to develop custody solutions. South Korea’s Kookmin U-Turns on Crypto Reported by local media outlet Business Korea June 11, Kookmin will now work with local company Atomrigs Lab, which is active in digital asset protection. The move marks a decisive change Read more…