Travelers can now get US passports in as little as 4 weeks with Bitcoin

A California-based visa and passport processing company announced it would be accepting Bitcoin as a form of payment as the U.S. State Department’s operations are beginning to return to normal. According to a Nov. 6 announcement from passport and visa expeditor Peninsula Visa based in San Jose, the company stated it would be giving customers the option to pay for select passport services using Bitcoin (BTC). Backed by retailer payment facilitator Coinbase Commerce, Peninsula Visa will be offering passport renewals and name changes in addition to applications related to second…

Why New Highs May Be Imminent For Bitcoin if $16,150 is Reclaimed

Bitcoin has begun to slide lower over the past few days as selling pressure has tapered off at the $16,500 highs. The leading cryptocurrency currently trades for $15,900, a few percent below those highs but still situated above key support levels. Analysts remain optimistic despite the downward-sloping price action. One trader says that if the cryptocurrency can move to new year-to-date highs and multi-year highs if it manages to close above $16,150 on a short-term basis. That level has been important for the cryptocurrency over the past few days, marking…

Mysterious ‘cat burglar’ pilfers CryptoKitty from digital art installation

On Friday, Kevin Abosch — an Irish conceptual artist who was among the first to use blockchain technology as a medium — reported that a dastardly heist had been committed in one of his on-chain installations, an Ethereum wallet-turned-artwork titled “Stealing The Contents of This Wallet Is a Crime” (2018). In a Tweet the artist, whose work has been exhibited at The Hermitage, said that a CryptoKitty had been swiped from the freely-accessible address: Hi @CryptoKitties/@dapperlabs – Someone tipped me that “IAMA Kitty” was sitting in the #crypto wallet of…

Yearn.finance’s YFI Could Soon Rally Past $20,000 as Technical Strength Grows

Yearn.finance’s YFI governance token has been struggling to gain any momentum throughout the past few days and weeks, with buyers aiming at sending the cryptocurrency significantly higher. YFI’s token has been flashing immense signs of strength throughout the past few weeks, with buyers taking control of its price action after massive inflows of selling pressure sent it down to $7,500 just a couple of weeks ago. It is now trading up over 100% from these lows but is struggling to break above the heavy selling pressure that exists within the…

Bitcoin nerves, DeFi defiant, PayPal debut, Coinbase warning: Hodler’s Digest, Nov. 9–15

Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.   Top Stories This Week Bitcoin price at $16,000 and beyond? Here are the bear and bull cases We’re undoubtedly in a bull market right now. This week, Bitcoin hit $16,000 for the first time in years.  Even this weekend’s volatility hasn’t been enough to derail BTC’s momentum. Although…

Grayscale’s BCH trust loses $1.6M in value as hard fork begins

The value of assets under management for crypto fund manager Grayscale Investments’ Bitcoin Cash Trust has fallen $1.6 million following the announcement that the crypto asset would be forking on Nov. 15.  According to data from Coin Dance, the Bitcoin Cash (BCH) network has now split into two blockchains. Currently, miner action appears to be favoring the community-driven Bitcoin Cash Node, or BCHN. Crypto exchange Binance’s pool was responsible for mining block 661,647 — the last common block before the fork.  At the time of publication, miners have mined roughly…

This Binance-Sponsored DeFi Coin Has Surged 600% in the Past Week

It appears that the decentralized finance (DeFi) bull market has returned after a two-month hiatus. Top coins pertaining to this space have seen a rapid surge over the past few weeks as buying pressure returns to this space. Mostly, it’s been large-cap investments that have enjoyed strong rallies: Yearn.finance’s YFI, Synthetix Network Token (SNX), and many other players in this class have gained around 100% from their local lows. Many of these coins saw brutal drops in September and October as early adopters sold the cryptocurrencies en-masse. But smaller, newer…

Bitcoin Could Reel to $13,000 or Lower if It Breaks One Key Level

Bitcoin has been struggling to hold above $16,000 throughout the past couple of days, which is a somewhat grim sign Its weekly candle close is just a couple of hours away, and how it trades heading into this will likely set the tone for where it trends in the week ahead The ongoing influx of selling pressure has hampered the growth seen by the broader market, with Ethereum and many other altcoins also selling off One analyst believes that BTC could be on the cusp of seeing a serious selloff…

Bitcoin Movement launches collection of blockchain-backed streetwear designed by Zuby

On Friday, the online retail store Bitcoin Movement (BTCMVMNT), launched a limited edition streetwear line featuring a blockchain-backed system of “Proof of authenticity.” The 300-item collection, which was designed with input from British entrepreneur and rapper Zuby, consists of 50 hoodies, 125 Hats, and 125 T-Shirts, all bearing the logo ‘21 Million,’ representing the maximum amount of Bitcoins that will ever be mined. Each piece in the collection, which is titled “Take the Power Back,” contains an near-field communication chip linked to the VeChain blockchain. Through a mobile application provided…