Auto Added by WPeMatico

Users Can Now Verify the Bitcoin They Own on Binance via Merkle Tree

The world’s largest cryptocurrency exchange – Binance – introduced its Proof of Reserves (PoR) system to display to users the exact amount of its crypto reserves. The feature will initially…

Continue ReadingUsers Can Now Verify the Bitcoin They Own on Binance via Merkle Tree

Despite Many Selling Bitcoin at Loss, Bottom Might Not Be Here Yet: Analysis

CryptoQuant analysts informed that a lot of bitcoin investors have been selling at a loss recently since the asset’s price is a long way from its highest levels from a…

Continue ReadingDespite Many Selling Bitcoin at Loss, Bottom Might Not Be Here Yet: Analysis

Beyond Bitcoin – El Salvador Wants to Create a Legal Framework for All Crypto Assets

The government of El Salvador presented a bill that could set comprehensive rules on the local crypto sector and regulate the operations of all digital asset providers in the country.…

Continue ReadingBeyond Bitcoin – El Salvador Wants to Create a Legal Framework for All Crypto Assets

Altcoin Madness: BNB Soars to $300, Litecoin Skyrockets 27% Daily (Market Watch)

After several days of charting new lows, bitcoin finally bounced off and added over 5% of value on a daily scale. However, most altcoins have outperformed the largest crypto. Massive…

Continue ReadingAltcoin Madness: BNB Soars to $300, Litecoin Skyrockets 27% Daily (Market Watch)

US Lawmakers ‘Strongly Urge’ Fidelity to Reconsider its Bitcoin 401(k) Initiative

The American senators – Elizabeth Warren, Tina Smith, and Richard Durbin – advised Fidelity Investments to reconsider its decision to allow investors to add bitcoin to their retirement 401(k) plans.…

Continue ReadingUS Lawmakers ‘Strongly Urge’ Fidelity to Reconsider its Bitcoin 401(k) Initiative

Crypto Markets Shed $60B in 2 Days as Bitcoin Slumps Below $16K (Market Watch)

Bitcoin took another turn for the worse and dumped below $16,000 to mark a fresh two-year low. Most alternative coins fell hard as well yesterday, with ETH sliding beneath $1,100.…

Continue ReadingCrypto Markets Shed $60B in 2 Days as Bitcoin Slumps Below $16K (Market Watch)

Bitcoin Whales Underwater as Markets Mirror Late 2018: Glassnode

In its ‘Week on-chain’ report on Nov. 21, blockchain analytics firm Glassnode reported that recent market weakness has “shaken the confidence of Bitcoin holders.” It measured aggregate increases in the…

Continue ReadingBitcoin Whales Underwater as Markets Mirror Late 2018: Glassnode