In the world of crypto trading, timing and exposure are everything. Broader access to information, quicker links to trading markets and faster execution of trades are key factors. The volatility of cryptocurrencies, their markets and round the clock open trading means that a trader has to be on his or her toes at all times....Read More
Hivereck, a London-based software solutions company, has developed an innovative yet simple trading bot to easily manage arbitrage trading. The market-leading bot is suitable for both novice and professional cryptocurrency traders — leveling the playing field with its simplistic algorithm. Arbitrage trading is on the rise and is being used more frequently by Altcoin and...Read More
FreeBitco.in, the oldest bitcoin faucet after 6 years of continuous operation, have announced that they will be giving away a Lamborghini Huracan as one of the potential prizes in their Golden Ticket Competition. Owning a lambo has been one of the many desired status symbols that has come from the HODL culture surrounding cryptocurrency. For...Read More
The ethos of the cryptocurrency industry has always been laced with the ideals of success and financial freedom that transcends current economic standards. These are often portrayed in the ‘when moon’ or ‘when lambo’ chants – a common lingo among cryptocurrency enthusiasts. While each crypto proponent may have a personal crypto statement, however, one common...Read More
On August 15, the San Francisco-based digital currency exchange Coinbase announced that it had acquired the cryptocurrency custody service Xapo’s institutional branch. The business move puts Coinbase in the limelight, making it the largest custodial service for digital assets worldwide, with more than $7 billion under custody. Also Read: Hong Kong Protest Leader Hopes to...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The second cryptocurrency in terms of capitalization, the Ethereum, continues a declining correction. The test of the important support level of $165 is close; if it happens, the buyers will have to demonstrate a bounce in order to prevent further decline. It is possible that the ETH is...Read More
Privacy-focused cryptocurrency Zcoin is now available for spending in Thailand at any merchant registered with the Thai QR code system through Satang App. According to an announcement published by Zcoin on Aug. 15, over 50 million users of Satang App can now use Zcoin at local merchants both in-store and online by scanning a QR...Read More
More than half the world’s economies have inverted yield curves, which is a dire signal that a global recession may be on its way. | Source: Shutterstock By CCN Markets: Fifty-three percent of countries that offer sovereign debt currently have inverted yield curves, according to one economist. If the percentage gets much higher, there is...Read More
The long-awaited Bakkt platform has finally been given an official launch date. The regulated Bitcoin futures platform will go live on September 23, 2019.Naturally, the Bitcoin and wider cryptocurrency community has greeted the news with optimism. The price of Bitcoin has responded favourably in the short time since Bakkt made the announcement too.Wait, Weren’t There...Read More
Bakkt, by ICE, wants to make Bitcoin as mainstream by allowing its futures to be traded on Wall Street under the regulation of the U.S. Federal Government. After numerous delays and setbacks over the last year, today Bakkt’s CEO announced that they are officially launching their product on the 23rd of September 2019. Following several...Read More
Over the past couple of days, investors have grown fearful regarding the possibility of a massive Chinese Ponzi scam dumping the significant amount of Bitcoin (BTC) that they hold in wallets onto the markets, which may have contributed to the recent downwards pressure experienced by the entire crypto markets.Now, new data suggests that a small...Read More
Gold never goes out of fashion. A major global market, estimates suggest that almost $3 trillion is held in physical stores by investors and banks, with a further $400 billion in trading volume. The investment proposition is undoubtedly a compelling one – a liquid asset and a strong driver of global economies, this precious metal...Read More
It has been a tough 24 hours for XRP and Ripple. Over the last 24 hours, Ripple has suffered a massive devaluation for over 10 percent, taking its valuation to a a new low for 2019. However, Xpring, Ripple’s XRP adoption initiative, recently revealed a collaboration with Coil and announced that Xpring had granted 1...Read More
Bakkt has won approval from US regulators to trade physically-settled bitcoin futures, a move many believe would legitimize the cryptocurrency industry before institutional investors. The Intercontinental Exchange’s subsidiary announced on Friday that the New York Department of Financial Services (NYDFS) had given them clearance to acquire a New York state trust charter. That would provide...Read More
Crypto exchange Coinbase disclosed a potential vulnerability Friday, announcing that a tiny fraction of its customers’ passwords were stored in plain text on an internal server log. However, the information was not improperly accessed by outside parties, the exchange said. In a post-mortem shared with CoinDesk, Coinbase outlined “a password storage issue,” impacting less than...Read More
Ethereum core developers finalized late Thursday a list of six different code changes to be activated for ethereum’s next system-wide upgrade, Istanbul. As agreed in prior meetings, Istanbul will be executed in two parts. The first, which will feature all six code changes, or ethereum improvement proposals (EIPs), is tentatively expected to execute on ethereum...Read More
The director of the Financial Crimes Enforcement Network (FinCEN) said the casino industry needs to up the ante on reporting suspicious activities related to digital currencies. Speaking at an Anti-Money Laundering Conference in Las Vegas on August 13, FinCEN director Kenneth Blanco said the agency has not received the amount of suspicious activity reports (SARs)...Read More
The Australian Tax Office (ATO) has sent out warning letters to investors who have placed the majority of their retirement savings in cryptocurrencies. As part of an ATO effort to warn against high-risk retirement investment strategies, 18,000 holders of Self-Managed Super Funds (SMSFs), a type of retirement account privately managed by individuals, were told they...Read More
Binance Jersey’s Twitter account was hacked by an anonymous twitter user called @LightningNetwo9. According to tweets posted on Binance Jersey by the hacker, the hacker is a security researcher claiming to operate with altruistic motivations. The hacking was confirmed via Binance Jersey’s telegram account. The hacker claims he could have used the successful hack to...Read More
Sustenance of intense, volatile market is not new to the crypto investors and crypto community. By this time, everybody surely has accepted the fact that holding owns value in the bullish ranges is getting critical and difficult for altcoins like Cardano. This is the reason why even if they trade in the bullish ranges also,...Read More
The Takeaway: A review of over 50 patent applications submitted by the People’s Bank of China shows the design of its central bank digital currency will only resemble a cryptocurrency in limited ways. A senior official at the central bank said the effort will be helpful to “restrain public’s demands for crypto assets and to...Read More
Cryptocurrency exchange Coinbase has completed the acquisition of Xapo’s custody business in a deal reportedly worth $55 million. Coinbase announced this acquisition on August 15, 2019, noting that the acquisition will help prop up Coinbase Custody, which has over $7 billion worth of assets stored for more than 120 clients. Xapo is a Hong Kong-based...Read More
This article was originally published by 8btc and written by Lylian Teng. Bitcoin’s recent dip under the $10,000 mark is alleged to be directly related to the incessant bitcoin sell-off caused by a $3 billion Chinese Ponzi scheme, and the dump may continue. The scam project, dubbed PlusToken, went bust early in July 2019 after...Read More
XRP/USD late on Friday is trading down with minor losses of 1%. Price action via the 4-hour chart view has formed a bearish pennant. Ripple’s XRP late in the session on Friday is trading in negative territory, nursing losses of just some 1%. XRP/USD price action has been attempting to bottom out and stabilize, following...Read More
Popular digital currency industry analysis Twitter account @Rhythmtrader states that almost 3,500 non-crypto companies have had their security breached so far this year. Well over a billion user accounts have been impacted by hackers.Although difficult to verify (RhythmTrader rarely cites where the figures quoted are from), some of the biggest examples have impacted hundreds of...Read More
Bitcoin broke our hopes again. We’ve watched it rise to almost $20 000 and drop back to $3k. In July with Bitcoin growing to $14k everyone expected it would skyrocket to $1 M. Unfortunately, anew, we see the falling star. So, what’s wrong about Bitcoin? Bitcoin is a decentralized currency, which means that no authority...Read More
We recently began emailing 3,420 Coinbase customers to let them know that a bug on our signup page resulted in some registration details being stored in clear text in our internal web server logs. While we are confident that we’ve fixed the root cause and that the logged information was not improperly accessed, misused, or...Read More
Elon Musk, the billionaire CEO of SpaceX and Tesla, reiterated his calls to “nuke Mars” to prepare it for human colonization. | Photo by Mark RALSTON / AFP By CCN Markets: Billionaire Elon Musk, the CEO of Tesla and SpaceX, reiterated his calls to “nuke Mars!” on Twitter. It’s part of Musk’s previously announced proposal...Read More
Nevermind the double-digit price swings. Despite the day-to-day roller coaster ride of crypto markets, spiking demand in China and Argentina point to a pivot point for the largest digital currency – from risky bet to safe store of value. Demand in China and Argentina Soars as the Yuan and Peso Plummet According to Hong Kong-based...Read More
