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Record-Breaking $8.9 Billion Of Bitcoin Moved On-Chain In A Single Hour

Crypto News Point

Dec 9, 2019
2 min

Record-Breaking $8.9 Billion Of Bitcoin Moved On-Chain In A Single Hour

Almost $8.9 billion in Bitcoin (BTC) were moved on blockchain in a single hour (excluding change volume) which is Bitcoin that returns to the sender. On Dec. 4, co-founder of on-chain market intelligence firm Glassnode, Rafael Schultze-Kraft pointed out the Bitcoin’s high transaction volume while claiming that such a high hourly transaction value was a first for the network. $8.9 billion in #Bitcoin were moved on–chain in a single hour this afternoon. It's the highest hourly

Brazil To Fine Taxpayers Failing To Declare BTC And Crypto Transactions

Crypto News Point

Dec 7, 2019
1 min

Brazil To Fine Taxpayers Failing To Declare BTC And Crypto Transactions

Tax agency of Brazil- The Department of Federal Revenue (RFB) published a new tax code specifying on fines for taxpayers who fail to declare their Bitcoin (BTC) and cryptocurrency transactions. On Dec. 6 Cointelegraph Brasil reported that the new crypto tax code is a follow-up to provisions made by the RFB in August that require Brazilian citizens to report all transactions involving cryptocurrencies, in accordance with rules established by Normative Instruction 1,888 introdu

24 Chinese Nationals Arrested in Thailand Over Alleged Bitcoin Scam

Crypto News Point

Dec 6, 2019
1 min

24 Chinese Nationals Arrested in Thailand Over Alleged Bitcoin Scam

Thai immigration officials have arrested 24 Chinese nationals who were running an alleged cryptocurrency scam call center in Bangkok. On Dec. 2 an official announcement cited that the Immigration Bureau of the Royal Thai Police arrested: 24 individuals, seized 61 laptops, 424 mobile phones and several routers. The alleged scammers would lure Chinese investors to buy Bitcoin (BTC), in misleading rates in order to make a profit. More Uncovering Of Telecom Scams By Thai Police E

Russian Smelting Giant Nornickel Is Testing A Trading Platform For Digital Metal Tokens

Crypto News Point

Dec 6, 2019
2 min

Russian Smelting Giant Nornickel Is Testing A Trading Platform For Digital Metal Tokens

Nornickel, the Russian mining, and smelting giant has started off testing a trading platform for digital metal tokens. On Dec. 5, Bloomberg reported that Nornickel began trialing its platform for digital metal tokens in collaboration with: Trafigura Group Ltd.– Physical commodities trading group Traxys SA– Metals finance and logistics firm Umicore SA– Materials technology and recycling group The platform is designed to enable clients to purchase digital tokens backed by metal

Bitfinex Users Can Now Shop On Bitrefill With BTC Over The Lightning Network

Crypto News Point

Dec 5, 2019
2 min

Bitfinex Users Can Now Shop On Bitrefill With BTC Over The Lightning Network

Cryptocurrency exchange Bitfinex and crypto store Bitrefill have partnered to allow trading and shopping with Bitcoin (BTC) over the Lightning Network. On Dec. 4 a press release was published by Bitrefill that users can instantly pay for a variety of services with Bitcoin that they hold on the exchange as of today. World’s First Dynamic B2B Settlement Process Over The Lightning Network The companies attribute the development to the “world’s first dynamic B2B settlement proces

Grayscale To Launch Diversified Large Cap Fund for Public Trading

Crypto News Point

Nov 25, 2019
1 min

Grayscale To Launch Diversified Large Cap Fund for Public Trading

Grayscale Investments, the US-based digital asset management is soon launching its diversified cryptocurrency investment product for public trading. On Nov. 22, the firm announced that trading will soon be available on the over-the-counter (OTC) share trading marketplace OTCQX Best Market. Products Include 5 Major Cryptos Including BTC ETH Dubbed as Grayscale Digital Large Cap Fund (DLC), the product includes five major cryptos including Bitcoin and Ether. DLC is an open-ende

Singapore Considers Crypto Derivatives Trading On Approved Exchanges

Crypto News Point

Nov 21, 2019
1 min

Singapore Considers Crypto Derivatives Trading On Approved Exchanges

Singapore’s central bank, the Monetary Authority of Singapore (MAS), has proposed bringing crypto derivatives trading under its scrutiny. On Nov. 20, a BNN Bloomberg report stated that the MAS’ proposal would make trading of derivatives on underlying assets like Bitcoin (BTC) and Ether (ETH) subject to the city-state’s Securities and Futures Act. According to the MAS, it plans to extend its remit to crypto derivatives that have been urged by interest from hedge funds and asse

Bitcoin Mining Firms Merge To Build World’s Biggest Mining Facility

Crypto News Point

Nov 20, 2019
1 min

Bitcoin Mining Firms Merge To Build World’s Biggest Mining Facility

Northern Bitcoin, a bitcoin mining firm of Germany has entered a merger agreement with US-based mining firm Whinstone to jointly build the world’s largest mining farm. On Nov. 18 a press release was published by Northern Bitcoin stating that Whinstone is already building the aforementioned facility expected to have a capacity of one gigawatt on an area of over 100 acres in Texas. It will allegedly be the largest data center in North America. Construction Plan For The Mining F

Online Gaming Platform Lets Gamers Hunt For BTC

Crypto News Point

Nov 20, 2019
1 min

Online Gaming Platform Lets Gamers Hunt For BTC

Online gaming platform, Donnerlab lets gamers hunt for Bitcoin (BTC) and pick-up “Satoshi cubes.” The announcement was made on Nov. 19 by Donnerlab for the launch of its latest project, titled Bitcoin Bounty Hunt, a fully lightning-native multiplayer first-person shooter (FPS) game. Our newest project, Bitcoin Bounty Hunt: a fully lightning-native multiplayer FPS. Featuring: ⚡ Integrated neutrino wallet 💰 Hodl-auctions for adspace 🎮Players fight for sat bounties 🤖Channel

BTC Rewards App Lolli Responds to Alibaba’s Denial of Partnership

Crypto News Point

Nov 18, 2019
2 min

BTC Rewards App Lolli Responds to Alibaba’s Denial of Partnership

Lolli, the Bitcoin (BTC) rewards shopping app responds to Alibaba’s denial of partnership between the two companies. The CEO of Lolli, Alex Adelman invalidated Alibaba’s denial of partnership with Lolli while claiming that Lolli did partner with Alibaba Group. He added: “We’ve been partnered with Alibaba Group since May through AliExpress. We have driven AliExpress significant revenue and distributed bitcoin rewards to our users.” Denial of Partnership Reportedly, Lolli intro

Bitcoin ATM Worldwide Exceeds Over 6000

Crypto News Point

Nov 18, 2019
2 min

Bitcoin ATM Worldwide Exceeds Over 6000

The total number of Bitcoin (BTC) ATMs installed worldwide has now surpassed over 6,000. CoinATMRadar, an online repository of Bitcoin ATM maps worldwide shows that there are currently 6,004 machines installed worldwide with over 65% in the United States. The United States Leading In Bitcoin ATMs A total number of 108 machines have been deployed this month with the average daily number of Bitcoin ATMs installed is 11 — the fastest pace this year. Over three-quarters of the ma

Binance Adds Turkish Lira To Its Fiat-To-Crypto Purchase

Crypto News Point

Nov 17, 2019
1 min

Binance Adds Turkish Lira To Its Fiat-To-Crypto Purchase

Binance, the cryptocurrency giant has added support for buying Bitcoin (BTC) and other cryptocurrencies with Turkish lira through its local digital wallet partner Papara. On No. 15 Binance announced the additions on its official website. Turkish users will now be able to exchange lira through their Papara digital wallets for: BTC Ether (ETH) XRP The announcement further added that the support for Turkish Lira is limited to just buying cryptocurrencies, while no official word

Bitcoin Cash Hard Fork Completed As First Block Detected Invalid

Crypto News Point

Nov 17, 2019
1 min

Bitcoin Cash Hard Fork Completed As First Block Detected Invalid

The planned hard fork of the Bitcoin Cash network has been completed. On Nov. 15 BitMEX Research highlighted in a tweet that the first block considered invalid by the older client version: ForkMonitor has detected an invalid block on Bitcoin Cash & the hardfork as occurred. Old versions of Bitcoin ABC, including 0.19.0, will either remain stuck or follow a different chainhttps://t.co/U9hbK4peip pic.twitter.com/2R10OexZZD — BitMEX Research (@BitMEXResearch) November 15, 2019

Bitcoin Below $8,600 While Tezos Gains 11%

Crypto News Point

Nov 15, 2019
1 min

Bitcoin Below $8,600 While Tezos Gains 11%

Tezos is the only cryptocurrency that has shown considerable gains of more than 11% while being in the top-20. Bitcoin (BTC) slid below the $8,600 price mark. It started with an intraday trade high of $8,800 before slowing downwards at its current trading price, while facing a loss of 1.75% on the day. Bitcoin’s price pierced $8,674 three times over the past 4 days while increasing the chance that BTC might revisit lower lows around $8,480. Majority Of The Top 20 Altcoins In

BTC/USDT Futures Trading Now Live On OKEx

Crypto News Point

Nov 15, 2019
1 min

BTC/USDT Futures Trading Now Live On OKEx

OKEx launches Bitcoin (BTC) futures contracts margined with Tether (USDT) stablecoin and now live on the trading platform. On No. 14, OKEx announced the new coin offering while listing BTC/USDT offering on its trading platform. #OKExUSDTFutures: $BTC/$USDT futures trading is officially launched! You may leverage from 0.01x to 100x when trading the USDT-Margined Futures. Trade now: https://t.co/fqsbSHqnfx Learn more: https://t.co/AHBdqOeQGY pic.twitter.com/3Qts0xjDK3 — OKEx (

eToroX Adds Five New Fiat Stablecoins With GoldX/BTC Pairings

Crypto News Point

Nov 14, 2019
2 min

eToroX Adds Five New Fiat Stablecoins With GoldX/BTC Pairings

EToroX, the digital asset platform of eToro, a social trading platform announced the listing of privacy coin- Dash with five fiat stablecoin pairs alongwith Coinbase’s USDC and Tether’s USDT with GoldX/BTC pairings. As per a press release published on Nov. 12, the users of eToroX can also trade fiat stablecoins pairs such as:- Turkish Lira (TRYX) Polish Zloty (PLNX) South African Rand (ZARX) Hong Kong Dollar (HKDX) Signaporean dollar (SGDX) Along with:- U.S. dollar-backed to

Alibaba Partners With Lolli To Rewards US Customers With Bitcoin

Crypto News Point

Nov 12, 2019
2 min

Alibaba Partners With Lolli To Rewards US Customers With Bitcoin

Alibaba has partnered with Lolli, a Bitcoin rewards shopping app, enabling its shoppers to earn 5% back in Bitcoin. Shoppers in Alibaba can now get Satoshis (sats), the smallest unit of Bitcoin currency, worth 0.00000001 BTC, when shopping “thousands of items online,” Lolli says. We're excited to announce that we just partnered with Alibaba on Singles Day (11/11), the biggest shopping day of the year! 🛍 Lolli users can now earn 5% bitcoin back on millions of products. 🎉 R

Bitcoin Above $9,300 Price Mark While Stellar Took A 20% Gain

Crypto News Point

Nov 6, 2019
2 min

Bitcoin Above $9,300 Price Mark While Stellar Took A 20% Gain

Crypto prices are continuing to show upward movement across the market. Bitcoin (BTC) is hanging above the $9,300 price mark while Stellar took a moon shot with more than 20% gain. During the large part of the day, Bitcoin was trading close to $9,400 price mark, however, in recent hours, it moved downwards. BTC traded at an intraday high of around $9,465 before losing ground towards its current trading price of around $9,311. ‘Bitcoin Should Begin To Show Bullish Behavior’ Bi

Argentina’s Central Bank Bans Bitcoin Purchases With Credit Cards

Crypto News Point

Nov 4, 2019
1 min

Argentina’s Central Bank Bans Bitcoin Purchases With Credit Cards

The Central Bank of Argentina recently announced that its citizens are now prohibited from using credit cards to buy Bitcoin (BTC) or other cryptocurrencies. The announcement was made on Oct 31st after the central bank recently imposed limits on US dollar purchases. BREAKING: Argentina's Central Bank just restricted the purchasing of bitcoin with credit, debit and prepaid cards as of today. This comes less than a week since the same bank restricted dollar purchases by citize

Bakkt Hits New All-Time High with Over 450 BTC Futures Contracts Traded

Crypto News Point

Oct 24, 2019
2 min

Bakkt Hits New All-Time High with Over 450 BTC Futures Contracts Traded

Bitcoin (BTC) futures volumes on Bakkt, a Digital Asset Platform, have hit a new all-time high, with 452 BTC futures contracts traded at press time. As per historical data from Intercontinental Exchange (ICE), the operator of Bakkt said: “Today the platform has traded 441 Bitcoin futures contracts for November 2019, with the last recorded trading price settling at $7,400 per Bitcoin. 11 futures contracts for December have been sold, with the last recorded trading price at $7,

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