Bitcoin on the Ethereum Blockchain? Welcome to 2019

We all know what BTC, BCC, and ETH are. But new to the reader may be symbol WBTC – short for “wrapped Bitcoin,” which will essentially be a token on the Ethereum blockchain tied directly to the value of Bitcoin. A combined effort of Kyber Network, Republic Protocol and BitGo, the token will have two …

Soaring Inflation Sends Bitcoin Trading Volume to New High in Venezuela

The amount of Venezuelan bolivars being spent to purchase bitcoin has risen to record levels as the South American country experiences unprecedented hyperinflation and a worsening economic crisis. Per Coin Dance, bitcoins worth nearly 900 million bolivars have been traded so far this week in Venezuela, and this is already higher than last’s week volume …

OTC is Much Larger Than Bitcoin Exchange Volume: Where Real Whales Trade

TABB Group, an international research company, has disclosed in its extensive analytical report that the over-the-counter (OTC) market of bitcoin is significantly larger than the global bitcoin exchange market. OTC Versus Exchanges: Whales Against Retail Traders For many years, the majority of bitcoin analysts predicted billions of dollars to be traded on a regular basis …

Despite Previous Signals, Bitcoin Remains Key to Circle’s Strategy

After spending a couple of years signaling an impending shift in focus away from Bitcoin and cryptocurrencies, Circle Financial seems to be executing a 180-degree shift in strategy, boosting its crypto-related offerings in a series of moves that some say are positioning it as a competitor to Coinbase. Circle Distanced Itself from Bitcoin in 2016 …

331 Japanese Cryptocurrency Traders Made at Least $1 Million in 2017

Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month. Mainstream media outlets in South Korea and Japan JoongAng and Nikkei have reported that the National Tax Agency (NTA) of Japan is fully aware that 331 investors in the Japanese cryptocurrency sector recorded a profit of $1 million through trading, generating more …

Bitcoin Price Moves Towards $9,000 With Strong Momentum, Bull Market

Join our community of 10 000 traders on Hacked.com for just $39 per month. The bitcoin price has surpassed $8,800 after rising more than 6 percent over the past 24 hours. Volumes across major cryptocurrency exchanges remain strong and the daily trading volume of the market has increased past $26 billion for the first time …

Bolivar to Bitcoin Trading Surpasses a Record $1 Million per Day

Join our community of 10 000 traders on Hacked.com for just $39 per month. Venezuela’s economic situation has been steadily declining in the past few years, bringing Venezuelans to turn to cryptocurrencies. According to VeneBloc data, the bolivar-to-bitcoin market recently reached a new record, as the equivalent of $1.009 million in bolivars were exchanged for …