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US Marshals Service Announces Auction of 660 BTC

The United States Marshals Service (USMS) has announced an auction of 660 BTC that is scheduled to take place on Nov. 4. Under the auction rules, interested participants must formally identify themselves to the USMS and submit deposits of $200,000. USMS to Auction Forfeited BTC in Seven ‘Blocks’ The auction is scheduled to take place across two “series” and seven… Read More »

World’s Largest Crypto Exchange Binance Looks to Add New Stablecoins

Binance, the world’s largest cryptocurrency exchange by adjusted volume, is actively looking to list more stablecoins in addition to the three it already supports, which include the recently beleaguered tether (USDT). “We hope to be able to list a few more stablecoins on our platform,” chief financial officer Wei Zhou told CoinDesk Thursday. But that does not mean the Hong Kong-based… Read More »

BitGo Closes New Series B Funding, Advances Cryptocurrency Services for Institutional Investors

BitGo, which provides institutional-grade custodial accounts and multi-signature wallets, has recently closed a $57.5 million USD Series B fundraising round that included investors like Goldman Sachs and Mike Novogratz. Goldman Sachs and Novogratz’s Galaxy Digital Ventures combined investments reached around $15 million USD and the new fundraising round brings BitGo’s total funding to around $70 million USD. Goldman has previously… Read More »

Tron Price Analysis: Monero Upgrades While Bulls Struggle to Register Gains

Overly, there is expectation in the space. Thanks to a successful Monero hard fork, the new “Segwit” mean transactions would cost less. At the same time, the new confirmation from Tron about their “partnership” with Baidu should keep the market vibrant as bulls prepare for gains above 3 cents. Let’s have a look at these charts: EOS Price… Read More »

Two US States Issue Cease and Desist Orders Against Five ICO Issuers

The U.S. states of Colorado and North Dakota have independently issued cease and desist orders against companies promoting initial coin offerings in their states. Their tokens are potentially fraudulent securities offerings, according to the two states’ securities commissions. One scheme promises a return of 10 percent per month and claims to be pegged to the price of gold.… Read More »

Majority of Crypto Assets Are Highly Centralized, Research Finds

One of the central pillars of Bitcoin and cryptocurrency in general is that the system is decentralized, ensuring no single point of failure for adversaries to attack. However, new research has found the majority of assets in the ecosystem today to be highly centralized. Taxonomy Report Reveals a Concentration of Crypto Power Cryptocompare, the cryptocurrency market data aggregator, has… Read More »

Bitcoin SV version 0.1 goes live

Leading blockchain technology research and development outfit nChain has rolled out the release candidate of the Bitcoin SV client on October 15 — one month ahead of the November Bitcoin Cash (BCH) network upgrade.  BCH miners and mining pools are encouraged to begin using Bitcoin SV. Bitcoin SV, which stands for Satoshi Vision, is a new full-node implementation for Bitcoin… Read More »

Bitcoin (BTC) Price Watch: Watch This Triangle for Directional Clues

Bitcoin Price Key Highlights Bitcoin price is still stuck in consolidation, forming higher lows and lower highs inside a symmetrical triangle on the short-term chart. Price is approaching the peak of this formation so a breakout might be due soon, providing longer-term directional clues. Technical indicators are giving mixed signals, although there seems to be some bearish pressure… Read More »

50 Indian Traders Share Thoughts on Investing, RBI Ban, Future of Crypto in India

Fifty traders who use Indian crypto exchange Instashift have shared their thoughts on the current crypto environment in India. Most of them said that they “hodl” and would continue to invest in crypto despite regulatory uncertainty. Most Respondents Are Hodlers A survey was conducted in the first week of October by Indian cryptocurrency exchange Instashift exclusively for… Read More »