Following delisting, Dash pushes back against ‘privacy coin’ label

A recent tweet from Dash’s official Twitter account has invited criticism that the cryptocurrency, which once advertised its privacy features, is wilting in the face of possible regulatory scrutiny.  On Jan. 1, the US-based Bittrex exchange announced in a tweet that it would be delisting Monero, Zcash, and Dash: #Bittrex Customers: The $XMR, $ZEC, and $DASH markets will be removed on Friday, January 15th at 23:00 UTC. Details: https://t.co/8qAdjuwryJ — Bittrex (@BittrexExchange) January 1, 2021 The delistings follow a similar Dec. 29 announcement last week that Bittrex would be delisting…

Bitcoin Plunges 8% to $30,500 Amid Rapid Weekend Price Action

After peaking at $33,350 earlier today, Bitcoin plunged as low as $30,000 on leading exchanges just minutes ago. Yet in spite of this rapid sell-off, buyers have stepped in to buy the dip. BTC now trades for $31,300 and is up in excess of 7.5% in the past 24 hours. Altcoins, such as Ethereum, remain green in spite of the drop as well. Many attribute this price volatility to it being a weekend. While BTC was largely a retail-focused market, institutions have begun to trade it, often leading to increased…

Hodler’s Digest, Dec. 27–Jan. 2

Coming every Saturday, 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 quickly climbs to $31,000, liquidating $100 million of shorts As 2021 began, Bitcoin was teetering on the edge of $30,000 — continually hitting new all-time highs in the process. There was drama at the start of the week after BTC crashed by…

Demystify 2021 with crypto trend predictions from the Cointelegraph crew

Another year has come and gone. The rollercoaster that was 2020 requires little (if any) preamble. It must be said, however, that the blockchain segment experienced something of a return to form during these otherwise painful latter days. Indeed, we closed the year with prices on the up, legal ambiguities increasingly dehazed, and the adoption of distributed technology at a historic apex. With these expository factors lighting our way, let us take a moment to gaze into the future, as speculatively foreseen by the staff at Cointelegraph. We asked our…

XRP Investors Take Legal Action Against SEC Over Ripple Lawsuit

Key Takeaways XRP holders have filed a petition for a writ against the acting chairman of SEC, Elad Roisman, on Jan. 1 in the U.S. District Court of Rhode Island. The petition calls into question SEC’s fiduciary duties and alleges that the agency harmed investors’ interests by declaring XRP a security seven years after its initial distribution. Share this article XRP holders have filed a petition on Jan. 1, 2021, in the U.S. District Court of Rhode Island alleges that the U.S. Securities and Exchange Commission (SEC) failed to protect…

How massive Bitcoin buyer activity on Coinbase propelled BTC price past $32K

Coinbase has seen a large spike in buyer activity overnight as the price of Bitcoin (BTC) surpassed $32,500 on Jan. 2. Analysts say the trend was reminiscent of MicroStrategy’s Bitcoin accumulation, possibly fueled by institutional buy orders. As a result, BTC surpassed $31,000, reaching a new all-time high. BTC/USD daily candle chart (Coinbase). Source: Tradingview Coinbase buyers were the catalyst for the Bitcoin rally In the last 48 hours, Coinbase has continuously seen a high premium compared to Binance. At one point, Bitcoin on the exchange was $100 more expensive than…

XRP enthusiasts seek to force White House’s hand on SEC suit

As token prices plunge and Ripple prepares for court, a band of XRP enthusiasts have rallied around a petition that may force a White House statement on the recent SEC lawsuit alleging Ripple conducted an unregistered securities offering.  A petition filed on the White House-run We the People website titled “We the People ask the federal government to deem XRP, the virtual currency, a currency,” has now crossed 10,000 signatures. Created by the Obama administration in 2011, We the People allows users to create petitions that, upon reaching 100,000 signatures…

Bitcoin price quickly climbs to $31K, liquidating $100M of shorts

Bitcoin (BTC) passing $30,000 and hitting highs of near $31,000 has caused huge pain for traders betting on a bearish pullback. Cryptocurrency market overview. Source: Coin360 Data from Cointelegraph Markets, Cryptometer and TradingView confirmed that as BTC/USD peaked at $30,960 on Jan. 2, it liquidated $100 million of shorts. BTC shorters feel the burn… again Amid highly volatile conditions, Bitcoin attempted to crack $30,000 several times on New Year’s Day and overnight before finally clinching the psychologically significant level on Saturday. BTC/USD 1-minute candle chart. Source: TradingView The move was…

Bitcoin Soars Past $30,000 in Latest Record High

Share this article In a bullish start to 2021 for crypto believers, Bitcoin just hit a new all-time high. It’s now trading north of $30,000. Bitcoin Breaks the $30,000 Barrier  Bitcoin just broke another record high. The leading cryptocurrency is currently trading at $30,657 at the time of writing. Source: TradingView It’s the latest parabolic run Bitcoin has made in recent weeks. Last month, it memorably broke its long-awaited $20,000 milestone after much speculation (BTC’s previous all-time high was around $19,500, recorded way back in December 2017).  In the last…

Bitcoin price hits $30,000 milestone for the first time ever

Bitcoin (BTC) hit a fresh psychological landmark on Jan. 2 as the new year kicked off to a flying start for hodlers. BTC/USD weekly candle chart (Coinbase). Source: Tradingview BTC price wastes no time in 2021 Data from Cointelegraph Markets, Coin360 and TradingView showed BTC/USD clinch $30,000 during trading on Friday. After hitting new all-time highs of $29,700 overnight, the pair showed no signs of weakness, retesting the level several times before a final breakout occurred. The area immediately below $30,000 had proven a source of intense selling pressure throughout…