Bitcoin Volatility May Spike as Coins Consolidate in “Whale” Wallets

If you’ve been involved in the cryptocurrency community for any time at all, you likely have heard the word “whale” mentioned time and time again. For those not in the loop, a so-called whale is a digital asset holder that controls a large portion (relatively speaking) of a cryptocurrency’s supply. ..

European Central Bank Wants to Beat Other Countries in Digital Currency Game

Bitcoin may be falling, but central banks still want in on digital currencies. On Thursday, the newly-instated President of the European Central Bank, former Chair and Managing Director of the International Monetary Fund Christine Lagarde, said that one of her initial mandates will be to focus on t..

Chainalysis Develops Robust Crypto Trading Monitoring System for Bitfinex

Blockchain analysis firm Chainalysis has announced the development of a crypto trading monitoring system for cryptocurrency exchange giant Bitfinex. The news comes amid calls by financial regulators in different jurisdictions for robust oversight of digital currency transactions. Meanwhile, Bitfine..

TikTok Owner Reportedly Working With Chinese State Media on Blockchain

News Owner of major social media app TikTok, ByteDance, has launched a joint venture with state-owned Chinese media group and operator Shanghai Dongfang Newspaper to develop business models that include blockchain and artificial intelligence (AI), Bloomberg reported on Dec. 14. TikTok..

Europe’s New Regulations Force Bitcoin Service Bottle Pay to Shut Down

News The Bottle Pay service, which allowed users to send Bitcoin (BTC) via social media accounts, announced on Dec. 13 that it would be shutting down due to Anti-Money Laundering (AML) regulations. Funds will remain available for withdrawal until 13:00 GMT on Dec. 31, 2019. New user data collecti..

Vitalik Buterin: Ethereum Foundation Made $100 Million by Selling ETH at ATH

According to a recent statement by Vitalik Buterin, he managed to convince the Ethereum Foundation to sell 70,000 ETH at the height of 2017’s parabolic run, resulting in a $100 million liquidity. ETH is still the second-largest cryptocurrency by market cap. However, its price today is nowhere near ..