Month: October 2020

The upcoming U.S. election results can’t stop a fresh gold advance, one analyst says, while Bitcoin is also due fresh bullishness. Gold will gain regardless of whether Donald Trump or Joe Biden wins the election, one analyst says as Bitcoin (BTC) targets $11,000. In an interview with the media division of precious metals giant Kitco […]

Popular Analyst Claims Bitcoin Must Break Above This Level Or Risk Going Downhill After opening the month of October trading as high as $10,923, Bitcoin has dropped and has since been in consolidation between $10,500 and $10,600. Volatility has reduced significantly since then as the coin has been in consolidation and the price range has […]

BitMEX Now Branded A “High-Risk” Bitcoin Exchange Following U.S. Government Charges The many milestones achieved this week in the crypto community has not erased the ups and downs in the industry. This month alone, two indictments have rocked the crypto space, and both have included two of Crypto’s high-profile personalities; Arthur Hayes and John McAfee. […]

The bank is shutting down the SWIFT network as protests rocked the country. The central bank of Kyrgyzstan has disabled cross-border transactions on the SWIFT financial network amid widespread unrest over the country’s disputed parliamentary elections. Aida Karabaeva, an official representative of the National Bank of the Kyrgyz Republic, announced a temporary suspension of SWIFT […]

NOWPayments Review – An Easy to Integrate Crypto Payment Gateway NOWPayments is a custody-free cryptocurrency payment processor that simplifies the process of accepting and making crypto payments from all across the world. In this Altcoin Explorer, we deep dive into NOWPayments, a cryptocurrency payment gateway that allows merchants to seamlessly accept and make payments in […]

Bitcoin, Ether, and XRP Weekly Market Update October 5, 2020 The total crypto market cap lost $6.7 billion of its value for the last seven days and now stands at $339.8 billion. The top 10 currencies are mostly in red for the same period with ChainLink (LINK) loosing 12.5 percent while Binance Coin (BNB) added […]

Bitcoin's correlation with traditional markets appears to continue. . Back and forth discussions with regard to a second stimulus package for the people of the United States have been ongoing for months. Today, President Trump decided to push the matter back until after the 2020 presidential elections have concluded. This appears to have resulted in […]

Breaking: UK bans sale of Bitcoin, Ethereum and XRP derivatives to retail consumers The market for crypto-derivatives, e.g. Bitcoin, Ethereum, XRP and other cryptocurrencies has taken a severe hit. The UK Financial Conduct Authority (FCA) has banned its trading for retail customers. In the official announcement, the regulator declared that the above products are “harmful” to consumers for 5 main reasons. […]

Bitcoin Halving: How the Miners are Faring So Far On May 11, 2020, Bitcoin successfully executed its third block reward halving. Bitcoin halving events usually occur every four years, and the first and the second events took place in 2012 and 2016, respectively. Since miners’ rewards for verifying blockchain transactions are usually trimmed by 50% […]