Bitcoin News Headlines

XRP holders file class action complaint against Apple citing negligence

On one front, Ripple has been fighting the United States’ SEC in court. On the other, XRP hodlers are also taking the legal route. However, they are doing so not against regulators or any authorities, but Apple Inc. In a filing before the federal court in Maryland, the plaintiffs argue that Apple allowed hackers to […] In a filing before the federal court in Maryland, the plaintiffs argue that Apple allowed hackers to steal their assets including XRP...
Published: Sat, 18 Sep 2021 7:30 am GMT

El Salvador's Court of Accounts to probe Bitcoin roll-out

According to recent reports, El Salvador’s Court of Accounts is bucking up for an investigation into the government’s Bitcoin purchases following a complaint. The probe will reportedly also look into the purchases of automated teller machines (ATM) and construction of Chivo kiosks by President Bukele’s Regime. El Salvador recently became the first country in the […] El Salvador recently became the first country in the world to adopt Bitcoin as a legal tender. However, the country saw...
Published: Sat, 18 Sep 2021 6:40 am GMT

'If you've risked your money to buy MSTR stock and Bitcoin goes up...'

Microstrategy (MSTR) CEO Michael Saylor’s bullish optimism for Bitcoin far outweighs most supporters’. And, he has the numbers to show for it. The company recently announced an additional purchase of 5,050 BTC, taking its total tally of Bitcoin owned to 114,042 Bitcoins. At press time, that was worth over $5.4 billion. The buying spree that […] Microstrategy (MSTR) CEO Michael Saylor's bullish optimism for Bitcoin far outweighs most supporters'. And, he has the...
Published: Sat, 18 Sep 2021 1:30 am GMT

A rally for Chainlink might be fueled by these key factors

Some blockchains take the “slow and steady wins the race” approach while others believe in surging exponentially in one go. It won’t be wrong to say that Chainlink falls in the former category. Chainlink, the market’s 14th ranked alt, has been one of the projects stepping on the toes of cutting-edge technology. The altcoin has […] Chainlink, the market's 14th ranked alt, has been one of the projects stepping on the toes of cutting-edge technology. The altcoin...
Published: Fri, 17 Sep 2021 11:30 pm GMT

XRP eyes important price swing as buyers, sellers battle for control

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice The last few days have seen XRP steady the ship at the 23.6% Fibonacci level ($1.05). While the market did seem to hang in the balance between buyers and sellers, some of its indicators […] The last few days have seen XRP steady the ship at the 23.6% Fibonacci level ($1.05). While the market did seem to hang...
Published: Fri, 17 Sep 2021 10:30 pm GMT

ECB's Lagarde fires latest salvo with 'cryptos are not currencies, full stop'

Skepticism towards cryptocurrencies isn’t new, especially from the likes of regulators and financial agencies. The ECB is no exception. In a recent interview with Bloomberg, President of the European Central Bank (ECB) Christine Lagarde categorically said, ”Cryptos are not currencies, full stop.” Like other regulators, Lagarde shares the view that cryptos are “highly speculative” and […] Like other regulators, Lagarde shares the view that cryptos are "highly speculative" and "occasionally suspicious" to be equated...
Published: Fri, 17 Sep 2021 9:30 pm GMT

Few reasons why Cardano's founder may be wrong about DeFi being in a bubble

In the months since Decentralized Finance (DeFi) emerged, many blockchains, including Cardano, have redesigned themselves to incorporate its advantages. However, the creator of Cardano, Charles Hoskinson, believes that the entire DeFi space is merely in a bubble. What then? Well, the truth of the matter lies elsewhere since the analysis of on-chain data reveals something […] DeFi can either be considered as the new fad or the next big thing, but not a bubble. Especially because since March 2020...
Published: Fri, 17 Sep 2021 8:30 pm GMT

Monero, Ethereum Classic, Dogecoin Price Analysis: 17 September

Monero lost 2% of its valuation over the last 24 hours and could attempt to revisit its month-long low of $233.25. Ethereum Classic depreciated by 1.7% while Dogecoin rose by 3.9%. However, key parameters for the coin still indicated bearishness.  Monero [XMR] Monero declined by 2% over the last 24 hours and was trading at […] Monero declined by 2% over the last 24 hours and was trading at $260.30. The nearest support zone for the altcoin was...
Published: Fri, 17 Sep 2021 8:00 pm GMT

S&P Global latest to warn El Salvador about 'negative implications' of Bitcoin move

El Salvador’s official adoption of Bitcoin as legal tender earlier this month has been celebrated and criticized, both within the country and worldwide. While many believe it to be a historical event, others have labelled it as the country’s impending financial doom. Joining the latter is credit rating agency Standard and Poor (S&P) Global. According […] El Salvador's official adoption of Bitcoin as legal tender earlier this month has been celebrated and criticized, both within...
Published: Fri, 17 Sep 2021 7:30 pm GMT

What next for IOTA since 'the road to IOTA 2.0 is over 50 percent complete'

IOTA (MIOTA), a smart contract platform redesigning the distributed ledger technology, has been on the surge lately. The platform gained popularity among crypto=investors due to its unique use-cases. That said, the platform did see some dark days as well. Especially when it went offline for 11 days due to critical issues. Many would argue, however, […] During a recent AMA session, IOTA Founders Dominik Schiener and David Sønstebø answered questions from Satoshi...
Published: Fri, 17 Sep 2021 6:30 pm GMT

Should Bitcoin traders really be concerned about a major market decline

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Bitcoin has had its ups its downs in 2021 so far. Q1 and Q2 began on a positive note as Bitcoin continued to climb to fresher records every month. On the other hand, Q3 […] Bitcoin has had its ups its downs in 2021 so far. Q1 and Q2 began on a positive note as Bitcoin continued to climb to fresher...
Published: Fri, 17 Sep 2021 5:30 pm GMT

EOS, Enjin, VeChain Price Analysis: 17 September

Most altcoins in the market were trading laterally with minor losses over the last 24 hours. EOS declined by 1.1% and would approach the one-week low price of $4.53. Enjin was trading close to its one-month low after it declined by 2.8%. Finally, VeChain lost 3.7% of its value over the day. Failing to sustain […] EOS declined by 1.1% over the last 24 hours and was trading at $5.16. It fell below its support line of $5.20 and was approaching...
Published: Fri, 17 Sep 2021 5:00 pm GMT

South Korea: With 60 exchanges set to close, here's what awaits investors

South Korean exchanges have only a week to register and comply with new regulations that will soon come into effect. However, as predicted, the onset of new regulations will result in over 60 crypto-exchanges shutting shops. In fact, these exchanges have until Friday to inform their client base. The new regulations require exchanges to register […] South Korean exchanges have only a week to register and comply with new regulations that will soon come into effect...
Published: Fri, 17 Sep 2021 4:30 pm GMT

Here's how Russia is planning to 'put the brakes' on crypto-buying

Interest in cryptocurrencies has skyrocketed this year. However, the 330% hike in Bitcoin’s value has also enticed many to get in for a quick buck. Russia’s Central Bank has taken note of this ’emotional’ trading and wants to stop it. According to local reports, to stop citizens from making ill monetary decisions, the central bank […] According to local reports, to stop citizens from making ill monetary decisions, the central bank is trying to slow down...
Published: Fri, 17 Sep 2021 4:00 pm GMT

EMURGO announces new venture to build DeFi services infra on Cardano

Now that Cardano‘s Alonzo hard fork has given way to smart contract integration, it only makes sense for the network to foray into the world of decentralized finance (DeFi). To achieve that end, Emurgo, Cardano’s commercial arm, has officially announced the launch of Astarter, Cardano’s very own DeFi venture. Emurgo brokered a partnership with China-based […] Emurgo brokered a partnership with China-based technology firm BlockChain4A to launch the joint venture. It will build...
Published: Fri, 17 Sep 2021 3:00 pm GMT

Bitmart: Mainnet ecosystem projects continue to lead the market

When Bitcoin and Ethereum market present weak state and maintain wavering state, Mainnet ecosystem projects are exploding progressively on the market, such as Cosmos, Avalanche, and Near Protocol. The Ethereum London hard fork EIP-1559 should have made the gas fee simpler to control, but the actual data shows that the average gas fee has reached […] When Bitcoin and Ethereum market present weak state and maintain wavering state, Mainnet ecosystem projects are exploding progressively on the market, such as Cosmos, Avalanche, and Near Protocol. The Ethereum London hard fork EIP-1559 should have made the gas fee simpler to control, but the actual data shows that the average gas fee has reached […]
Published: Fri, 17 Sep 2021 2:15 pm GMT

Why quantifying Bitcoin, Ethereum adoption is easier said than done

There is no doubt that the cryptocurrency space has seen a lot of adoption over the past few years. The likes of Bitcoin, Ethereum, Cardano, MATIC, Uniswap, and Solana, among others, have all registered significant activity. And yet, the rate of adoption is not quite quantifiable. For example, the number of Bitcoin active addresses was […] The likes of Bitcoin, Ethereum, Cardano, MATIC, Uniswap, and Solana, among others, have all registered significant activity...
Published: Fri, 17 Sep 2021 2:00 pm GMT

Solana, SUSHI, Algorand Price Analysis: 17 September

The broader market flashed signs of either consolidation or substantial depreciation over the last few days. Altcoins such as Solana and SUSHI noted considerable losses over the last 24 hours. Solana continued to observe a downtrend as a result of the price pullback and approached its immediate price floor at $140.91. SUSHI, after noting losses […] Solana depreciated by 7.7% over the last 24 hours and was trading at $141.37. Its nearest support line stood at $140.91...
Published: Fri, 17 Sep 2021 1:30 pm GMT

FUNToken user wins $20,000 trip to Vegas at DPLAY- The Exclusive FUN Casino

DPLAY.Casino, the first stand-alone casino to accept FUNToken (FUN), has announced User 3254 as the winner of its special launch giveaway – a $20,000 trip to Vegas. On the 24th of August, FUNToken announced the launch of its first decentralized casino. DPLAY.Casino is one of several significant milestones on FUNToken’s roadmap. As part of the […] DPLAY.Casino, the first stand-alone casino to accept FUNToken (FUN), has announced User 3254 as the winner of its special launch giveaway – a $20,000 trip to Vegas. On the 24th of August, FUNToken announced the launch of its first decentralized casino. DPLAY.Casino is one of several significant milestones on FUNToken’s roadmap. As part of the […]
Published: Fri, 17 Sep 2021 1:15 pm GMT

Litecoin: What this bullish pattern means for the crypto

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Since the 7 September market sell-off, Litecoin has been making some progress on the chart. Three higher lows coupled with steady highs at the 38.2% Fibonacci level gave rise to a bullish pattern. This […] Since the 7 September market sell-off, Litecoin has been making some progress on the chart. Three higher lows coupled...
Published: Fri, 17 Sep 2021 1:00 pm GMT