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Bitcoin price drops to $13.3K after matching peak of 2019 bull run October 28, 2020
Briefly challenging $14,000 produced major volatility for BTC/USD, which subsequently retreated by over $500 in hours. Bitcoin (BTC) retreated to $13,300 on Oct. 28 after a retest of its 2019 resistance levels was met with rejection. Cryptocurrency market overview from Coin360Data from Cointelegraph Markets, Coin360 and TradingView showed volatility rising during Wednesday after BTC/USD hit $13,850.After […]
William Suberg
Unconfirmed transactions on Bitcoin network at highest level since 2017 October 28, 2020
Hash rate has also tumbled on the Bitcoin network. The Bitcoin network has slowed down amid Bitcoin’s (BTC) new price highs, causing a large number of unconfirmed transactions.According to mempool transaction count on Blockchain.com, the number of unconfirmed Bitcoin transactions surpassed 100,000 on Oct. 27. This is the highest number of unconfirmed Bitcoin transactions recorded […]
Helen Partz
Telos launches new gig economy platform on the blockchain October 28, 2020
Amid a global employment crisis, it’s perhaps inevitable that the gig economy is making inroads into the blockchain space too. Blockchain developers can’t be accused of failing to keep up with the times. The unprecedented shake-up in the world’s labor markets during the COVID-19 pandemic is accelerating the underemployment trends of recent decades. Signs of a […]
Marie Huillet
Bitcoin bull cycle gaining steam: Whale cluster at $13K is now a support zone October 28, 2020
Data from Whalemap shows $13,000 is turning into a BTC whale support as the price of Bitcoin hovers above $13,600. According to on-chain data from the analysts at Whalemap, $13,000 has become a support level for the price of Bitcoin (BTC). Whale clusters indicate that whales — or large BTC holders — are continuously accumulating.Whale […]
Joseph Young
Crypto scammers deface Trump campaign website one week from elections October 28, 2020
Just one week before the election, President Donald Trump’s website was briefly defaced by crypto scammers. One of United States President Donald Trump’s re-election campaign websites was briefly defaced yesterday, according to an Oct. 28 article on TechCrunch.Hackers managed to replace donaldjtrump.com’s usual campaign rhetoric and request for donations with a spoof of the FBI’s […]
Jack Martin
ConsenSys collaborates with Banque de France digital euro partner October 28, 2020
Blockchain firm ConsenSys is becoming increasingly active in the central bank digital currency space. Ethereum software firm ConsenSys has just sealed its sixth central bank digital currency project. On Oct. 28, the blockchain organization announced that it will be collaborating with Société Générale Forge on experiments for a digital euro.Société Générale Forge is the digital capital […]
Marie Huillet
Bitcoin 'price will follow,' says analyst after historically accurate metric hits new high October 28, 2020
A record "organic" price valuation based on long-term investors paves the way for uncharted price territory for Bitcoin, the statistician says. Bitcoin (BTC) has already hit an all-time high this week, according to one price measurement from popular statistician Willy Woo.In a series of tweets on Oct. 27, Woo added to his recent bullish prognoses […]
William Suberg
Celsius Network founder gifts wife 15 million CEL tokens October 28, 2020
Alex Mashinsky has gifted his wife Krissy 15 million CEL tokens worth $20 million for her birthday The founder of the crypto payments network Celsius has gifted his wife a large portion of the token supply, reducing his own enormous stake in the process.Celsius CEO Alex Mashinsky gifted wife Krissy 15 million CEL tokens as […]
Martin Young
DBS Digital Exchange shows crypto has gone mainstream in Asia: JST Capital October 28, 2020
The forthcoming digital asset exchange from Singapore’s largest bank DBS is expected to encourage other Asian financial institutions to reveal their crypto strategies. A now-deleted webpage announcing that Singapore’s largest bank is planning to launch a “digital exchange” supporting crypto asset trading is the latest sign of increasing institutional adoption of virtual currencies.The document, which […]
Samuel Haig
Marathon and Riot battle for the title of America’s biggest Bitcoin miner October 28, 2020
A recent purchase of 10,000 Antminer S-19s has placed Marathon Patent Group on-track to become North America’s largest Bitcoin mining firm by Q3 2021. Nevada-based cryptocurrency mining firm Marathon Patent Group has announced the purchase of 10,000 Antminer S-19 Pro ASICs as part of its plan to become the largest mining firm in North America.The […]
Samuel Haig