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Bitcoin’s Mempool Saw an Anomalous Number of Big Transactions on Friday

On Nov. 15, Bitcoin’s (BTC) blockchain mempool was at its highest level since January last year, according to figures from blockchain data website Blockchain. On Nov. 15, Bitcoin’s mempool size reached over 90 megabytes (MB), a value not seen since January 2018. The Bitcoin mempool holds all the unconfirmed transactions that are waiting to be validated by miners.  One-year chart of Bitcoin mempool size in bytes. Source: Blockchain.com An apparent anomaly In most cases, the …

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Ether and BTC Didn’t Face Regulations Unlike New Projects

Ethereum and Bitcoin (BTC) did not have to comply with regulation, admitted Ethereum co-founder Joseph Lubin in an interview with industry news outlet Forkast published on Nov. 18. During the interview — which took place at the Hong Kong FinTech Week — Lubin noted that new projects need to comply with regulations, and explained the impact of the application of security law to the cryptocurrency space. You can’t sell a utility token, it’s not one …

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BlockShow Asia, Bitcoin Crash Warning, India Delays Crypto Ban: Hodler’s Digest, Nov. 11–17

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 BlockShow Asia 2019: Binance’s CZ speaks publicly about China’s digital currency BlockShow Asia 2019 was held in Singapore this week, leaving us with plenty of stories to chew over. Binance’s …

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Turkey’s Unexpected Rise to the Top of Global Crypto Adopters

When thinking of countries that are ahead of the curve in crypto adoption, Turkey might not be the first place that springs to mind. However, Statistica’s Global Consumer Survey for 2019 shows that a fifth Turkish residents are acquainted with crypto and have been exposed to it in some form or another. If the figures are true, 20% is the highest proportion of all the countries in the world.  Flying under the radar, Turkey has …

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Bitcoin Falls Through Key Average as Traditional Markets Hit Record Highs

View Strong performances in traditional assets and a lack of new reasons to buy crypto is suppressing BTC’s price. A loss of the 50-day moving average exposes the $8,000 price level. The daily RSI shows that momentum slowing, which could hint at greater selling pressure in the short term. Bitcoin (BTC) is at risk of another sell-off after its price fell beneath a key moving average on Nov. 15, as a relatively strong performance by traditional …

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How to Spot Bitcoin’s Golden or Death Cross Using Simple Moving Averages

Understanding short-term and long-term moving averages (MAs) is important for trading strategies, whether for cryptocurrency or traditional assets. Two rare but powerful signals that traders look for occur when the short-term and long-term MAs cross. On the upside, that’s the golden cross, and, on the downside, it’s called the death cross. Golden and death crosses have predicted many of the worst economic downturns of the previous century; for example, the death cross predicted the 1929, 1938, …

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Alibaba Denies ‘Partnership’ With Lolli, Highlighting Crypto Industry Pitfalls

On Monday, CoinDesk reported the shopping app Lolli was offering bitcoin rewards to U.S.-based Alibaba shoppers for Singles Day. Alibaba Group representatives have since denied the “partnership” touted by Lolli CEO Alex Adelman. The fissure revealed a common misconception in the blockchain industry. “One of Alibaba.com’s contractors hired a subcontractor who brokered an affiliate marketing program with Lolli. This was done without the knowledge of Alibaba.com,” an Alibaba spokesperson told CoinDesk. “Alibaba.com’s contractor is terminating …

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As Bitcoin Cash Hard Forks, Unknown Mining Pool Continues Old Chain

A rogue chain has developed during a planned bitcoin cash hard fork, as an unknown mining pool failed to update to the new chain’s software. The on-going chain battle, which should be resolved by bitcoin cash’s internal rules, gives an insider look into how proof-of-work (PoW) consensus mechanisms operate. The hard fork occurred on Friday at 16:49:28 UTC at block number 609,135. Two additional blocks broke into two different chains that have been mined for …

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