Block Network

October 5, 2020

Bitcoin whale clusters pinpoint critical levels BTC must hold to rally

Whale clusters show three critical support levels Bitcoin must protect in order to see a larger rally in the near term. Bitcoin (BTC) whale clusters point toward three critical price levels to maintain a bullish market structure in the near term.Whale clusters form when large investors purchase Bitcoin and do not move it, making it […]

Bitcoin pioneer predicts $1T BTC market cap by 2022 or ‘sooner’

Adam Back believes that Bitcoin could boost its market cap by 400% in under two years. Bitcoin (BTC) hitting a $1 trillion market cap by 2025 is “conservative” and those levels should hit in less than two years.That was according to Blockstream CEO Adam Back, who delivered a fresh bullish BTC price outlook on Oct. […]

You should care about decentralized identity in the wake of COVID-19

Developing self-sovereign identity should be a leading priority for every company, legislator and investor engaged in the security industry. To navigate well in a digital world, we must be able to easily and securely establish our digital identity. Traditionally, a username, password and some trivial arcana like our first pet’s name have been key pieces […]

US: New bill would legally recognize digital signatures on a blockchain

Congressman and Blockchain Caucus Co-Chair David Schweikert has advanced a bill to make good on the crypto adage, “code is law.” Republican Congressman David Schweikert (R-AZ) has referred a new bill to the House Committee on Energy and Commerce that, if passed, would recognize digital signatures on the blockchain as enforceable by law.This is particularly important for the […]

Crypto Singapore dollar aims to diversify landscape dominated by USD

Xfers believes it’s time other national currencies received a piece of the action too. Singapore-based payments company Xfers announced on Monday the official release of its XSGD stablecoin, pegged to the Singapore dollar.The stablecoin would be one of the first SGD-denominated tokens, giving Singapore businesses and individuals a way to transact with crypto backed by […]

Trump, price dots and COVID-19: 5 things to watch in Bitcoin this week

Donald Trump boosts markets with improving health prospects, but coronavirus is taking its toll — Bitcoin eyes macro moves. Bitcoin (BTC) rose to highs of $10,730 before settling lower on Oct. 5 as markets fluctuated in line with United States President Donald Trump contracting COVID-19.Cointelegraph takes a look at the factors set to influence BTC […]

Thai central bank issues $1.6B in government bonds on IBM blockchain

The Bank of Thailand has issued the world’s first blockchain-based government savings bond platform. The Bank of Thailand launched the world’s first blockchain-based government savings bond issuance platform using IBM’s blockchain technology.Within two weeks of the launch, the central bank sold more than $1.6 billion worth of savings bonds, as per IBM’s official announcement on […]

Italian digital payments firms merge to create $17.6B fintech group

Italian rivals Nexi and Sia have finalized a merger to create a fintech giant that can compete in an increasingly consolidated European market. Italy’s largest payments firm Nexi has struck a deal with its rival, SIA, to create a digital payments behemoth with a market cap of 15 billion euros ($17.6 billion). It’s estimated the […]

150,000 Mt. Gox Bitcoin won’t trigger a correction anytime soon

150,000 BTC from the now-defunct Bitcoin exchange Mt. Gox won’t likely hit the markets anytime soon. There is growing speculation that 150,000 Bitcoin (BTC) from the Mt. Gox trustee could move on Oct. 15. But many factors suggest that is highly unlikely given past records.Between 2011 and 2013, Mt. Gox lost 850,000 BTC in the […]

October 4, 2020

BitMEX charges, Bitcoin stays calm, KuCoin ‘identifies’ hack suspects: Hodler’s Digest, Sept. 28–Oct. 4

The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Coming every Sunday, Hodlers Digest tracks every important crypto news story from the previous week. Essential reading for all Hodlers! Top Stories This Week CFTC charges BitMEX with illegally operating derivatives exchangeThe U.S. Commodity […]