Crypto News

  • Norwegian ‘City’ Replacing Fiat and Cash for Its Own Cryptocurrency
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    Liberstad, a libertarian city in southern Norway, has reportedly dumped fiat currencies and cash. In their place, it has instituted its own cryptocurrency — City Coin.  The not-so-cleverly-named cryptocurrency will replace all other forms of legal tender. A spokesman told Express.co.uk: City Coin is a secure and innovative cryptocurrency based… Read more »
  • Bitcoin Price Eyes $4000 As USD LocalBitcoins Trading Volume Quadruples
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    The US has experienced its largest jump in bitcoin volume over the past week on LocalBitcoins. Over $31.5M worth of BTC was traded on the platform as bitcoin price looks set to test the $4000 resistance level next.  ATH USD Trading Volume on LocalBitcoins Data from Coin Dance shows that USD trading… Read more »
  • Will The Real Satoshi Nakamoto Please Stand Up – No, Sit Down Craig, We’ve Been Through This Already!
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    He just doesn’t give up, does he? Self-proclaimed creator of Bitcoin, Craig Wright, now appears willing to testify under oath that he is Satoshi Nakamoto. Or that’s the conclusion Ran NeuNer draws, following Wright’s response to a comment request from the Commodity Futures Trading Commission (CFTC). I Promise To Tell The… Read more »
  • Bitmain Unveils New 7nm ASIC Chip After Dismal 2018
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    Bitmain Technologies has announced a new iteration of its 7-nanometer Bitcoin mining chip. The cryptocurrency mining hardware behemoth says the new and improved 7-nm chip offers greater energy efficiency for mining operations. More Energy Efficient Bitcoin Mining The company announced the news in a blog post published on Monday (February… Read more »
  • Top 5 Cities Embracing Bitcoin’s Lightning Network
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    Bitcoin’s Lightning Network implementation is going from strength to strength, but statistics about its growth make for interesting reading. 2019’s Big Bitcoin Trend Bitcoinist regularly reports on Lightning’s progress, with the ecosystem now breaking new records on a weekly basis. As a technology which is still very much in its… Read more »
  • Bitcoin Price Analysis: BTC Bulls Charge Towards $4,000
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    Bitcoin price finally broke out of a ten day consolidation above $3,500 this morning, having held the 38.2% retracement level for the majority of last week. We take a look at what this means going into the week.  Bitcoin Price: Weekly Chart The weekly Bitcoin price 00 chart shows that… Read more »
  • Indonesia Follows Venezuela With Giant Localbitcoins Bitcoin Trading Surge
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    Indonesia Bitcoin traders have fled cryptocurrency exchanges to Localbitcoins in the week the government enacted anti-money laundering regulations for the industry. Volume Up 300 Percent In A Week Data from Coin Dance, which tracks weekly Localbitcoins volumes in various markets, confirms a huge spike for the seven days ending February… Read more »
  • Ethereum Price Analysis: Bulls Make Their Move
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    On Sunday Ethereum price ramped up an amazing 12%+ upside move. Does this mean Feb 5th drop to $100 was the 2019 bottom for Ethereum? Ethereum Price: Market Overview On Sunday Ethereum (ETH) 00 shifted into beast mode and steamrolled past the $125 and $130 resistance levels and onto new… Read more »
  • Paxful Investing in Young African Leaders by Building Schools With Bitcoin
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    Paxful CEO Ray Youssef plans on building 100 schools in Africa. Two schools have already been built in Rwanda, while a third is currently in development.  Paxful is a peer-to-peer Bitcoin marketplace that directly connects those looking to buy with those looking to sell, with a special focus on the unbanked… Read more »
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