Bitcoin News Summary – March 25, 2019

Here’s what happened this week in Bitcoin in 99 seconds.  Digitec-Galaxus, considered Switzerland’s Amazon.com, started accepting Bitcoin and 9 major altcoins. The company will utilize payment processor Coinify to instantly convert all crypto received into Swiss francs. The company may expand this initiative to German customers in future. Jack Dorsey, CEO of Twitter and payments app Square, tweeted that Square is hiring crypto engineers. These developers will be paid for working on open source Bitcoin or crypto projects, and will be paid in Bitcoin. Binance is launching a new…

Bitcoin News Summary – March 18, 2019

Here’s what happened this week in Bitcoin in 99 seconds.    Some disappointing news came out when Samsung revealed that the hardware wallet on their newly-released S10 phone will only support Ethereum, ERC20 tokens, and four dApps. It appears that Samsung will upgrade the wallet to also support Bitcoin and further altcoins in the future. Chinese ASIC producer, Canaan Creative, has raised several hundred million Dollars in funding. The firm’s valuation is now placed at over $1 billion. Although details are scarce, it is assumed the majority of the…

Crypto News | SEC Rules ETH NOT Security; Binance Adds XRP

The cryptocurrency market is making a comeback this week, after closing out last week in the red. Crypto news was pretty slow last week, but it has picked up a bit today. This morning, CoinCenter released news that the SEC Chairman confirmed that ETH is not ruled as a security by the regulator. In addition to this big news, Binance announced it has added XRP and credit card payment support to its Trust Wallet app. Let’s get into it! Jay Clayton Rules ETH a “Non-Security” When investors began taking notice of…

Bitcoin News Summary – March 11, 2019

Here’s what happened this week in Bitcoin in 99 seconds.  Following the hashtag “DeleteCoinbase” campaign we reported on last week, the exchange announced on Monday that it will it fire all former the Hacking Team members it hired recently. These members were involved in selling malware to governments prior to starting a blockchain analytics company, which Coinbase acquired. Contributing to Binance Coin’s rise, Binance exchange announced that Argentina’s government will match investments into a blockchain accelerator program run by Binance Labs. It’s a sign of the state’s positive approach to…

Crypto News | OKEx Lists TRON and IBM Adds Two Blockchain Patents

In today’s edition of crypto news, we’ll cover OKEX’s latest addition to its customer-to-customer platform and IBM’s new blockchain patents. Crypto news has been a bit slow this week, in regards to big announcements but the two we’ll discuss today should give investors some confidence going into the weekend. OKEx Adds TRON (TRX) to C2C Platform OKEx, the world’s fourth-largest cryptocurrency exchange by 24-hour trade volume, announced the addition of TRON (TRX) to its Customer-to-Customer platform on Wednesday. Tron (TRX) is now available on our C2C market! Deposit/Trade in our C2C market…

Crypto News | Huobi Adds XRP and IBM Releases X-Force Red

Crypto news has been fairly slow this week, minus a few major announcements. Huobi Global just announced support for XRP. Another piece of news that should excite investors is IBM releasing its new X-Force Red. Huobi Adds XRP to OTC Trading Desk #Huobi OTC #announcement is now here!$XRP @Ripple will launch on #Huobi #OTC at 10:00 6 March.Details here: https://t.co/BsBc3KEN37 @bgarlinghouse #Ripple pic.twitter.com/cpCZjG0Cmv — HuobiGlobal (@HuobiGlobal) March 5, 2019 Yesterday, Huobi released word that XRP would launch on its OTC platform today, making this the biggest piece of crypto news…

Crypto News | Elon Musk Talks Bitcoin and Binance Expands

The cryptocurrency market had quite the shakeup last week, causing a spike in most digital currencies. On Valentine’s Day, six days ago, JP Morgan announced that it would launch a test for its new JPM coin. This was the biggest crypto news to surface in quite some time. Now, digital currencies seem to have corrected, and most are trading red today. In today’s crypto news, we’ll discuss Elon Musk’s interview and the details behind him calling Bitcoin “quite brilliant.” Also, we’ll look into Binance’s new testnet they just released. Crypto News:…

Bitcoin News Summary – February 18, 2019

Here’s what happened this week in Bitcoin in 99 seconds.  Morgan Creek Digital’s new crypto venture capital fund received investment from Virginian pension plans. The fund has raised $40 million, most of which for investment in promising crypto companies, though some portion will also be allocated to Bitcoin. A series of tweets by Wikileaks denounced Craig Wright, the self-proclaimed inventor of Bitcoin, as a “serial fabricator.” Wikileaks also presented documents which they say Wright forged to support his claim to be Satoshi Nakamoto. US bank, JP Morgan Chase &…

Bitcoin News Summary – February 4, 2019

Here’s what happened this week in Bitcoin in 99 seconds.  Bitcoin has officially entered the longest stretch of declining prices in its 10-year history. The world’s oldest cryptocurrency achieved an all-time high of $19,764 on December 17, 2017 and has posted a series of lower price highs ever since, making February 4, the 413th consecutive day prices have been in decline. Canadian exchange, QuadrigaCX, announced bankruptcy. Nearly $200 million is owed to clients. According to the exchange’s website, access to cold wallets was lost. The backstory is that the…

What Makes Bitcoin ETF Delay a Good News for Crypto Industry

Bitcoin fell by more than 80% in the past twelve months. The overly impressive bull run of 2017, which led the digital currency value to the peak of $20,000, followed a whole bearish year whereby the price crashed to lows near $3,000. Lack of institutional investors and strict regulations, analysts believed, was one of the primary reasons behind the bitcoin crash. No ETF in Q1 2019 Bulls hoped 2019 to be a year of bitcoin correction when some of the biggest financial companies announced products for its market. Fidelity, a…