Crypto Payments Processor BitPay to Support Paxos Stablecoin

Crypto Payments Processor BitPay to Support Paxos Stablecoin Crypto startup Paxos is partnering with payments firm BitPay to allow the latter’s merchants to utilize the Paxos Standard stablecoin in settling transactions. Announced Tuesday, the move will give BitPay clients the ability to conduct transactions using a cryptocurrency while maintaining the “the trust and stability of the U.S.…

Bitfinex Activity, Tether-BTC Price Relation Under Scrutiny from US DoJ, Sources Claim

Bitfinex Activity, Tether-BTC Price Relation Under Scrutiny from US DoJ, Sources Claim The U.S. Department of Justice (DoJ) has focused its investigation crypto market manipulation on whether or not Tether (USDT) was used to artificially inflate Bitcoin (BTC) prices during last year’s momentous rally, Bloomberg reports Nov. 20. Bloomberg cites three unnamed sources “familiar with the matter” who allege that the DoJ has “honed…

Bitcoin Cash Price Analysis: BCH/USD Tumbles, $220 Next?

Bitcoin Cash Price Analysis: BCH/USD Tumbles, $220 Next? Key Points Bitcoin cash price declined heavily and traded below the $300 and $280 levels against the US Dollar. Yesterday’s highlighted key bearish trend line is intact with resistance at $315 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is currently…

ETH/USD Price Analysis: ICOs under Pressure, May Liquidate for Fiat

ETH/USD Price Analysis: ICOs under Pressure, May Liquidate for Fiat Latest Ethereum News It’s a selling frenzy out there. Although we cannot exactly pin-point the cause of this massive sell off, analysts and market pundits are linking this to the protracted hash wars between Bitcoin Cash ABC and SV. It has a contagion effect on…

BTC/USD Price Analysis: Hash Rate and Difficulty Drop, Bottoms Near

BTC/USD Price Analysis: Hash Rate and Difficulty Drop, Bottoms Near Latest Bitcoin News For the first time this year, Bitcoin prices did print below the $5,000 mark at CoinBase as reported and affirmed by statistics from CMC. While the losses were across the board, the marked drop in Bitcoin prices did shave the overall security and efficiency…

Altcoins Price Analysis: XLM/USD Stable While IOT/USD and TRX/USD Tumble

Altcoins Price Analysis: XLM/USD Stable While IOT/USD and TRX/USD Tumble Despite attempts of higher highs, sellers are technically in charge. Today, we expect some resuscitation gifting LTC/USD, TRX/USD, IOT/USD and EOS/USD bears another opportunity to sell even if fundamentals are favorable. While others sink, XLM/USD is relatively stable and up one spot to fifth replacing…

US: Crypto Initiative Donates Monero to Bail Out Immigrants in ICE Detention

US: Crypto Initiative Donates Monero to Bail Out Immigrants in ICE Detention The Bail Bloc initiative has started using cryptocurrency raised through charity to help people get out of U.S Immigration and Customs Enforcement (ICE) pretrial incarceration, according to a tweet posted by a Bail Bloc co-founder Nov. 15. ICE is a law enforcement agency of the federal government of the…