December 7, 2020 - KogoCrypto | Latest & Breaking News from Cryptocurrency | Bitcoin | Altcoin | Blockchain

Coinbase’s Web traffic surges 64% month-over-month as exchanges see 158.8 million visits in November

December 7, 2020

Crypto exchanges received nearly 159 million Web visits in November, according to data from SimilarWeb, with Binance and Coinbase scoring significant month-over-month gains. According to...

Cryptocurrency

Novatti Partners with Ripple to Increase Services in Sout-East Asia

December 7, 2020

Novatti Group announced a new partnership with Ripple that focuses on finding more customers in Sout-East Asia. The new partnership will help Novatti’s customers access...

Cryptocurrency

We Must Solve Bitcoin’s Custody UX Problem

December 7, 2020

Twelve years is the blink of an eye in historical terms, but it’s an eternity in tech. Just look at the cellphone, which went from...

Cryptocurrency

Ripple Maintains a bullish Course as XRP Bulls Now Aim at $0.80

December 7, 2020

The future of finance is interoperable and open. That’s why Ripple is working with government regulators on different fronts for the actualization of this objective....

Cryptocurrency

Despite Its Present Run, Bitcoin Is Still Dealing with Doubters

December 7, 2020

Some are predicting that the current bull run enjoyed by bitcoin will last through the end of 2021 and see the asset reaching $50,000 within...

Cryptocurrency

Snowden: The Dollar Has Lost 99% Of Its Value Against Bitcoin

December 7, 2020

Bitcoin has set a new all-time high in 2020, and could potentially be close to breaking above $20,000 for the first time in its history....

Cryptocurrency

Blockchain-Based Immunity Passports Don’t Resolve Core Privacy Issues: Report

December 7, 2020

(Dimitri Karastelev/Unsplash) Existing decentralized digital identity standards are vulnerable to compromise and do not have privacy at their core: This is the central argument posed...

Cryptocurrency

BBC’s Dr. Who Coming to Ethereum with Launch of NFT Trading Cards

December 7, 2020

A Doctor Who digital trading card game is coming to Ethereum. ‘Doctor Who: Worlds Apart’ uses ERC-721 non-fungible tokens that are now available to buy....

Cryptocurrency

How One Bitcoin Options Trader Turned $638K Into $4.4M in 5 Weeks

December 7, 2020

Someone is happy about a bull market.(wdstock/ iStock/Getty Images Plus) In the run-up to the 2017 market peak, stories abounded of traders who bought bitcoin...

Cryptocurrency

China’s Latest Digital Currency Trial Is Its Most Important Yet

December 7, 2020

(nespix/iStock via Getty Images Plus) Download this episode Today on the Brief: COVID-19 vs. Stimulus Small hedge funds outperform large brethren Equities now worth 115%...

Cryptocurrency

‘Shameless’ season premiere name drops Bitcoin and other crypto

December 7, 2020

Too bad the brief crypto-related conversation was largely nonsensical. A number of TV shows have mentioned Bitcoin (BTC) or other cryptocurrencies over the years, including...

Cryptocurrency

Institutions will protect Bitcoin from government overreach: Erik Voorhees

December 7, 2020

Bitcoiners should embrace institutional adoption as it keeps everyone honest, says Erik Voorhees. Institutional investors will play an important role in securing the future of...

Cryptocurrency

Two factors why Ethereum has good reason to be bullish

December 7, 2020

Ethereum, the market’s second-largest cryptocurrency and the king of the altcoins, exhibited bullish bias at the time of writing. For the same, there seemed to...

Cryptocurrency

MicroStrategy wants to raise $400 million via convertible notes and buy bitcoin with the net proceeds

December 7, 2020

Business intelligence firm MicroStrategy said Monday that it plans to raise $400 million via senior convertible notes — and use the net proceeds of that...

Cryptocurrency

XRP Gains Ground Against Bitcoin as Active Address Count Remains High

December 7, 2020

Bitcoin has set a new all-time high in 2020, and could potentially be close to breaking above $20,000 for the first time in its history....

Cryptocurrency

Ethereum price is expected to move up towards $ 1,200 in the months ahead, marking a 100% rise from the current price

December 7, 2020

Now, after Bitcoin has risen, investors are eyeing the sky-high returns of Altcoins, including notable names like Ethereum, XRP, and Chainlink. In it, Ethereum price...

Cryptocurrency

What Will Be The State of Bitcoin Going Forward?

December 7, 2020

Bitcoin has features that can be seen as both strengths and weaknesses, especially in comparison to other cryptocurrencies that are present in the market. Let’s...

Cryptocurrency

Analyst: Bitcoin Could Soon Break Toward and Above $20,000

December 7, 2020

Bitcoin has undergone a strong phase of consolidation over the past week. Some fear that this may be a precursor to a strong drop, noting...

Cryptocurrency

Ukraine passes draft digital currency bill at first stage

December 7, 2020

Lawmakers in Ukraine have approved a draft bill on digital currency regulation, in a move that could pave the way for a new legal structure...

Cryptocurrency

Russia central bank snubs private ruble-pegged stablecoins

December 7, 2020

Officials at Russia’s central bank have ruled out private stablecoins pegged to the ruble, suggesting instead the country will follow the Chinese model of regulating...

Cryptocurrency

Cardano Successfully Changes K Parameter to 500, Blocks Assigned to Community Pools Increased by 6%

December 7, 2020

Cardano has successfully changed its k parameter to 500, from 150 on Dec. 6, as announced by Input Output Hong Kong (IOHK), the blockchain development...

Cryptocurrency

Ethereum (ETH) Could Continue With Its Bullish Move

December 7, 2020

Ethereum (ETH) could continue with its upward move. According to the Executive Director of CEX.IO, Konstantin Anissimov, it is reasonable to expect the smart-contract leader...

Cryptocurrency

Shark Tank’s Kevin O’Leary Ready to Put 5% of His Portfolio in SEC-Approved Bitcoin ETF

December 7, 2020

Shark Tank star Kevin O’Leary, also known as Mr. Wonderful, is ready to put 5% of his investment portfolio in a bitcoin exchange-traded fund (ETF)...

Cryptocurrency

Ethereum (ETH) and XRP Price Gains Dwarfed Bitcoin Rally, Which Cryptos beat BTC in 2020?

December 7, 2020

No one can dispute the incredible year that Bitcoin has had but despite the BTC price gaining over 150% in 2020 the original crypto’s gains...

Cryptocurrency

Can Ripple’s XRP Price Surge to $1.00 With the Upcoming Spark Token Airdrop?

December 7, 2020

Since the huge increases it recorded last month, Ripple’s XRP has pulled back slightly, currently regaining strength at the $0.60 level. November was a huge...

Cryptocurrency

TA: Ethereum Lacks Momentum Above $600, Why Holders Are Still Safe

December 7, 2020

Bitcoin price broke the $19,200 resistance, but it is still struggling near $19,500 against the US Dollar. BTC could decline sharply if there is a...

Cryptocurrency

TA: Bitcoin is Facing Uphill Task, Why Bears Could Gain Strength Below $19K

December 7, 2020

Bitcoin price broke the $19,200 resistance, but it is still struggling near $19,500 against the US Dollar. BTC could decline sharply if there is a...

Cryptocurrency

BTC Institutional Investor Base Now Targeting Ethereum (ETH), says Grayscale Managing Director

December 7, 2020

Michael Sonnenshein, Managing Director of Grayscale Investment LLC has noted that Ethereum is becoming the preferred investment choice of a large number of the institutional...

Cryptocurrency

OMG Network Sees ‘Huge Opportunities’ Following Genesis Block Takeover

December 7, 2020

The Hong Kong-based over-the-counter trading platform Genesis Block has big plans for its newly acquired Ethereum Layer 2 OMG Network. On Dec. 3,...

Cryptocurrency

Ripple Just Partnered with This Australian Public Company

December 7, 2020

Australian payments company Novatti has joined the RippleNet network Australian payment services provider Novatti has just announced its partnership with San Francisco-based blockchain company Ripple....

Cryptocurrency

MakerDao (MKR) Percent Balance of Top 1% Addresses reached a 3-year high, says Glassnode

December 7, 2020

According to on-chain market intelligence Glassnode, the Herfindahl-Hirschman Index (HHI) of MKR token decreased significantly in the last 24 hours. Current value is 0.024 (down...

Cryptocurrency

Ripple awaits the ultimate breakout to $1 following extended consolidation

December 7, 2020

Ripple is looking forward to a breakout to $1 as long as the price closes the day above the 50 SMA. The breakout to $1...

Cryptocurrency

Bitcoin Price Records Highest-Ever Weekly Close: Analysts Predict $100K BTC

December 7, 2020

Bitcoin has made another milestone recording its highest ever weekly candle close. Analysts and investors are expecting this rally to continue into 2021 with some...

Cryptocurrency

Bitcoin Rally Backed by Big-Time Investors May Be the Gateway to Mainstream Crypto Adoption

December 7, 2020

Bitcoin’s rally above the $19,000 level continues, and by now it is clear that the bull run this time around is largely driven by institutional...

Cryptocurrency

One Percent of Ethereum Supply Already Staked, 6% in DeFi

December 7, 2020

Over one percent of the entire supply of Ethereum has now been staked on the deposit contract according to co-founder Vitalik Buterin. Staking for ETH...

Cryptocurrency

Bitcoin’s simple fix to revolutionize crypto exchanges and online poker

December 7, 2020

April 15, 2011 was one of the most disappointing days of my young life. It’s a date without much meaning to most, but for poker...

Cryptocurrency

Ripple Price Analysis: Fresh Bullish Breakout Likely Above $0.62

December 7, 2020

Ripple price is consolidating in a range above the key $0.5500 support against the US dollar. The price is facing resistance near the $0.6200 level...

Cryptocurrency

Charted: Chainlink (LINK) Looks Ready For Another Leg Higher Over $13.5

December 7, 2020

Chainlink (LINK) is holding the key $12.50 support level, similar to bitcoin at $18,500. The price is likely to start a strong increase above $13.50...

Cryptocurrency

Analysts Bullish as Bitcoin Holds $18,500 Region Yet Again

December 7, 2020

Bitcoin currently trades for $19,2000, having stabilized due to a lack of volume on the weekend. Some analysts remain bullish in the near term as...

Cryptocurrency

Top Financial Historian Calls Bitcoin the Best Investment Opportunity

December 7, 2020

Bitcoin has been on a strong rally since the March lows of $3,500. The leading cryptocurrency currently trades for $19,300. Niall Ferguson, a financial historian...

Cryptocurrency

China Airdrops Digital Yuan Worth $3 Million — 10,000 Stores Will Accept It

December 7, 2020

Twenty million yuan ($3 million) in China’s central bank digital currency will be given away to 100,000 people in the country’s largest test of the...

Cryptocurrency

New Stimulus Proposals Gain Support While Lawmakers Push for Second Stimulus Checks to Help Americans

December 7, 2020

Two new stimulus packages have been proposed while lawmakers continue to push for second stimulus checks to help Americans cope with the coronavirus-led economic crisis....

Cryptocurrency

Bitcoin Miners Saw 48% Revenue Increase in November

December 7, 2020

Bitcoin miners generated an estimated $522 million in revenue in November, up 48% from October, according to on-chain data from Coin Metrics analyzed by CoinDesk....

Cryptocurrency

A million down, a billion to go: How does DeFi reach mass adoption?

December 7, 2020

A report this weekend claimed that DeFi has reached a million users, but the emerging financial vertical has a long road to travel towards widespread...

Cryptocurrency

Bitcoin Forms Highest Weekly Candle Close In History

December 7, 2020

Yearn.finance’s YFI governance token has been inching closer and closer to the $30,000 level for the past few days and weeks, with the selling...

Cryptocurrency

On-Chain Analyst Estimates That Around 1.7% of the World Owns Bitcoin

December 7, 2020

While Bitcoin is up massively over the past few years, there are still many in the world that does not own the cryptocurrency. Estimates compiled...

Cryptocurrency

LayerX will develop blockchain-based voting system using digital ID verification in Japan

December 7, 2020

“Voting over the Internet presents more challenges, such as preventing double voting, technical hurdles to keep ballots secret, and the cost of voting devices." Japanese...

Cryptocurrency

While Bitcoin price has set its highest weekly close ever, there are some concerned that a drop is imminent

December 7, 2020

Bitcoin price has had a staggering 2020, more than doubling in price since the start of the year – with some predictions that it will...

Cryptocurrency

Bitcoin draws nigh to a massive breakout as consolidation prevails

December 7, 2020

Bitcoin’s reclaimed the position above $19,000 over the weekend but failed to disperse the seller congestion at $19,500. BTC is nearing a breakout as the...