There is never a day without intriguing cryptocurrency developments. Those who can look past the drama and hype may have taken note of a surprising bit of news. It appears there will be IPOs issued on top of the Ethereum blockchain. These tokens will serve both security and utility functions. An interesting development to keep...Read More
R3’s Corda Settler entered into a partnership with the centralized payments network, SWIFT in January 2019. R3 also commenced testing its Corda Settler payments engine with XRP, Ripple’s native cryptocurrency. The Brad Garlinghouse-led firm is often dubbed as a potential disrupter of the SWIFT network and the collaboration has been welcomed with open arms by...Read More
Over the course of the past couple of years, Ripple has forged a range of partnerships with major banks and financial institutions with one single aim. The main aim of forging these partnerships has been to make the cryptocurrency XRP the digital asset of choice for some of the leading financial institutions. The Spanish banking...Read More
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="A Bitcoin Cash developer who drove a tank-like vehicle through Virginia was found not guilty for car theft and violating bond conditions on grounds of insanity, a court heard Monday. ” data-reactid=”19″>A Bitcoin Cash developer who drove a tank-like vehicle through Virginia was found not guilty for car theft...Read More
Nothing but carnage has been seen across the altcoin market, with major crypto assets like Ethereum and Ripple falling to fresh lows and causing widespread panic across the space.The post appeared first on NewsBTCRead More
In a bid to make it easier for startups to understand the workings of distributed ledger technology (DLT) and how its numerous use cases can be implemented, Deloitte, one of the “big four” accounting firms and the largest professional services network in the world, has launched Blockchain In a Box (BIAB). BIAB is a mobile...Read More
Earlier this month Kik released a 130-page filing that accused the Securities and Exchange Commission of “twist[ing] facts” in its lawsuit against the company’s 2017 Kin token sale. The company disputes claims that the 2017 sale of KIN tokens, which raised more than $100M, was a desperate attempt to save the company from ruin, and...Read More
Bitcoin looks short-term bearish and long-term bullish due to a familiar technical structure on the chart. Find out more here. | Source: Shutterstock By CCN Markets: In technical analysis, a support area gets weaker every time the prices touches it. That’s because each tap drains the strength or the demand at the support. A good example...Read More
In an interview with podcaster Peter McCormack, Raoul Pal, Co-founder of Real Vision and former Head of Equity and Equity Derivatives at Goldman Sachs, stated that stock markets are massively overvalued. According to Pal, central banks would do their tricks and cut interest rates, and when the interest rates become negative, people pay the government...Read More
Key Highlights Price of Stellar (XLM) fluctuates above a new low of $0.067 demand zone On August 14, the price of XLM had a breakdown but did not show signs of bearish continuity The crypto’s price is facing resistance at the $0.072 demand zone after a pullback Stellar’s Current Statistics The current price: $0.069 Market...Read More
Bitfinex and Tether have replied to Judge Joel Cohen’s recent ruling in the New York Attorney General (NYAG) ongoing case against companies. Cohen dismissed Bitfinex’s motion to throw out the case due to lack of jurisdiction, so the NYAG will continue to prosecute the companies via the Martin Act. Bitfinex issued its reply in an...Read More
Need another reason to buy bitcoin? Trump just signed a budget agreement that will raise the US national debt by $1.7 trillion. | Source: REUTERS / Kevin Lamarque (i), Shutterstock (ii). Image Edited by CCN. By CCN Markets: Donald Trump might not like bitcoin, but he’s doing an excellent job creating the economic conditions in...Read More
This week, the Intercontinental Exchange-owned Bakkt announced the date it would finally launch its much-anticipated and long-awaited Bitcoin Futures trading product, and Bitcoin price responded by spiking over $400 over the course of the next few hours, nearly reaching $11,000 before experiencing a pullback.The post appeared first on NewsBTCRead More
Elon Musk has a better idea than “Nuke Mars” to make the planet hospitable, this time using SpaceX satellites to reflect sunlight. | Photo by Mark RALSTON / AFP By CCN Markets: Elon Musk has leaked more of his plans to make Mars habitable. The SpaceX boss tweeted an alternative idea to warm the red...Read More
Litecoin price in the latter stages of trading on Tuesday is nursing losses of some 3.5%. Price action has formed a bearish wedge/flag structure, subject to another wave of potential selling. The Litecoin price in the second half of the session on Tuesday is nursing steep losses of some 3.5%. A bear market remains, as...Read More
Over the last 5 days, Bitcoin has bounced off the 0.382 Fibonacci level as mentioned in my previous analysis. Since then price levels have risen sharply testing resistance just shy of $11,000. An influx of new volume could propel price levels to $12,000 next week. Bitcoin 1-Hour Analysis On the 1 hour chart for XBT/USD,...Read More
Google’s online game streaming platform Stadia is set to launch in November as the tech behemoth plans a major disruption in the gaming industry ahead. Google is all set to give a massive push to its online game streaming service Stadia, set to launch in November 2019. Google Stadia is a 4K gaming platform and...Read More
Deloitte has announced its new solution dubbed “Blockchain in a box”, which is a plug-and-play product designed for enterprises to showcase their blockchain solutions. Deloitte is one of the “Big Four” accounting organizations and also the world’s major professional services network. The company has recently come out with their solution for enterprises on how to...Read More
Noah Kerner, the CEO of Acorns, anticipates converting niche savings app into bank option utilized by about 100 million users, while celebrities are opting for Acorns to invest in. Jennifer Lopez and Alex Rodriguez, former baseball player, are the latest dual celebrities to invest in the fintech firm Acorns Grow Inc, according to the Wall...Read More
Chainlink is a decentralized blockchain oracle service that acts as middleware that seeks to link smart contracts across the blockchain. The platform enables smart contracts to access off-chain resources such as data feeds, web APIs, and traditional bank account payments. The Oracle service is vital because it provides external information on the blockchain. Typically, blockchains...Read More
Tezos [XTZ], the seventeenth-largest coin by market cap, has witnessed rapid growth from the time of its launch. Recently, Tezos surpassed DASH and stood in the fifteenth position briefly, before falling again. The price of the coin, at press time, was falling by 3.48% over the last 24 hours. At the time of writing, the...Read More
Amid the roller-coaster market, Ethereum remained the best performing altcoin since inception, signaling strong support from the skeptical community. While efforts to improve ETH’s use cases are primary attributed as one of the reasons for the crypto’s sluggish trading value, Ethereum’s Vitalik Buterin announced an update regarding the soon to expected “Istanbul hard fork.” He...Read More
In an ongoing race to ensure sustainability, crypto businesses are hiring the best brains in the crypto market. In this light, Blockstream co-founder Matt Corallo recently joined Square Crypto, the crypto arm of payments company Square. The information was made public through an official tweet from Square Crypto, which read, “BIG NEWS: Please welcome @TheBlueMatt...Read More
On August 19, the combined SHA-256 hashrate between the BCH and BTC networks touched a massive high of over 91 exahash per second (EH/s). One notable contribution to today’s network hashrates is the manufacturing of next-generation mining rigs that produce a significant number of terahash. Currently, the top machine released this summer is Pangolin’s Microbt...Read More
iFinex, the company behind Bitfinex, is under more pressure after the New York State Supreme Court judged that the exchange was in the New York Attorney-General’s (NYAG) Office’s jurisdiction. But that isn’t getting in the way of business: yesterday, Bitfinex completed its burn of nearly 40,000 LEO tokens (US$53,600), as part of a continuous process...Read More
Ethereum Classic (CURRENCY:ETC) traded 4.8% higher against the US dollar during the 1 day period ending at 8:00 AM Eastern on August 20th. In the last seven days, Ethereum Classic has traded up 1.8% against the US dollar. Ethereum Classic has a market capitalization of $666.15 million and approximately $566.95 million worth of Ethereum Classic...Read More
The cryptocurrency industry continued to mature while eliminating FOMOs and FUDs at all stages. With the FOMO-fuelled spectacular but short-lived crypto rallies and FUDs-led dumps, the industry has begun to show signs of maturity. The market started off on a slow note in 2019 after the infamous Bitcoin crash the previous year. The market, however,...Read More
Trading is muted in crypto markets, especially with respect to Bitcoin. After measurable gain early on Monday, BTC mostly stayed around its new $10,500-10,700 level. The rest of the market is seeing considerable pullbacks, with almost all major coins posting losses. Cryptocurrency price dynamics on August 20. Source: Coin360 The most notable Bitcoin news on...Read More
