Bitcoin Cash Price Analysis (BCH/USD) In the last 24hrs, Bitcoin cash has maintained a bearish run. The same trend is most likely to continue since the 21 day MA is actively trading above the 7 day MA. BCH/USD pair corrected losses yesterday to trade below the critical resistance level at $322.0. Additionally, the bearish pressure...Read More
Beating the general narrative of crypto resistance from the U.S. government, Everex, the payments and trading platform just announced the issuance of “full Money Transmitter (MSB) License” from the New Jersey Department of Banking and Insurance. The information was brought to light through Everex official Twitter handle, which read, “We’re excited to announce that New...Read More
Privacy-focused Nym Technologies unveiled new code this week for its decentralized identity system. It’s slated for testnet launch this fall. On Tuesday at the Web3 Summit in Berlin, Nym CEO Harry Halpin said the technology represents “the next generation of privacy infrastructure” not just for blockchains but for the entire web. Indeed, one of the...Read More
Securitize, a provider of technology for issuing blockchain tokens, has registered as a transfer agent with the U.S. Securities and Exchange Administration (SEC), a move it says will boost adoption. Announced Wednesday, the registration means Securitize can now act as the official keeper of records about changes of ownership in securities. While that might sound...Read More
Commonwealth Bank of Australia (CommBank) has co-developed a blockchain marketplace that it says could support sustainable development and reward landowners for protecting the environment. Created in partnership with BioDiversity Solutions Australia (BDS), the prototype platform uses digital tokens, dubbed BioTokens, to facilitate trading of biodiversity credits for the New South Wales Government’s Biodiversity Offsets Scheme. The scheme...Read More
The assigned liquidator for the collapsed New Zealand-based cryptocurrency exchange Cryptopia says it’s making progress in determining customer holdings, but that the management of user funds by the exchange has caused delays. Professional services firm Grant Thornton New Zealand was assigned to oversee the liquidation process in May, after the exchange had failed to recover from...Read More
A prolonged rainstorm in China’s Sichuan province has caused land- and mudslides, forcing some local hydropower plants and bitcoin miners to halt operations. Heavy rain has been drenching Sichuan’s mountainous Aba prefecture since Monday, with landslides now affecting 17 counties in the area, according to local government social media posts on Tuesday. Among them, the Wenchuan county appears...Read More
U.S. Secretary of State Michael Pompeo has said he believes that cryptocurrencies should be regulated in the same way as financial institutions. In an interview with CNBC’s Squawk Box on Tuesday, Pompeo was asked how best to regulate Facebook’s Libra or bitcoin. He responded: “My sense is this: We should use the same framework that we...Read More
AUGUST 22, 2019 – The HYPE Project (https://hypetoken.io) has launched a social tokenomics experiment to test the crowd’s ability to collectively manage and control the inflation and deflation of a tokenomy. This free-for-all experiment is currently in its initial distribution (airdrops) phase and users are encouraged to participate in the experiment by voting for the...Read More
Ethereum’s cryptocurrency, ether, is losing altitude, with signs suggesting the asset has ended a bull market from December lows with a drop below $200 last week. The second-largest cryptocurrency by market capitalization is currently trading at $183 on Bitfinex, representing a 7.3 percent drop on a 24-hour basis. Prices fell 10.18 percent last week and...Read More
Recently Peter Wuille introduced a new smart contract language for the Bitcoin code called Miniscript. Peter, who is known for creating the SegWit code, says he has been working on this for about a year. In recent news, Peter Wuille, the creator of SegWit has come out with a new work. This time it is...Read More
Cryptocurrencies have changed the world of every sector and the field. It has become an integral part of gambling and online betting. With the arrival of blockchain, the demand for digital currency has risen in almost every sector. With its intense security, 100 percent transparency, anonymity, and many other features it is predictable that it...Read More
As the stablecoin wars continue to heat up, Tether has hinted the launch of a new stablecoin – one pegged 1:1 to the Chinese Yuan. The announcement comes barely a day after the world’s largest crypto exchange Binance revealed its plans to launch its stablecoin dubbed ‘Venus’ on Binance Chain. Revealing the news exclusively to...Read More
<div innerhtml=" Is bitcoin a new digital gold? That’s the question on everyone’s mind recently. Is bitcoin the new gold? Yes … but it’s gold circa 1973. (Photo by Ulrich Baumgarten via Getty Images) U. Baumgarten via Getty Images Over the weekend, Barron’s laid out the skeptical case in an article titled “Is Bitcoin A...Read More
Ever wonder why there are so many top exchanges you’ve never heard of? If so, you might not be the only one. A recent report by CryptoCompare found that exchange-reported trading volumes remain far away from reality. In its July 2019 Exchange Review, the cryptocurrency data and indices provider gathered statistics that suggest the crypto...Read More
Litecoin has seen a further 5% price decrease over the past 24 hours, which has brought the price of the cryptocurrency down to $70. This latest price drop is mostly a result of Bitcoin dropping back beneath the $10,000 region as things start to look bleak for the overall cryptocurrency market. Litecoin remains the fifth-largest...Read More
In Watch Dogs Legion, the British pound has collapsed, and even the bankers have been forced to go “full crypto.” | Source: Ubisoft/Facebook (i), Shutterstock (ii). Image Edited by CCN By CCN Markets: We already knew that cryptocurrency would play a central role in the economy of Watch Dogs Legion. Now we know that even...Read More
Ripple has been touted as a disrupter in many ways to the legacy remittance service platforms; with the partnership with London-based remittance firm, Xendpay, Ripple is all set to extend the former’s initiative of ‘optional transfer fees’, where customers are given an option to waive fees with a service called Pay What You Want. According...Read More
Securitize, a platform and protocol for issuing and managing compliant digital securities on the blockchain, announced today it is now an SEC-registered transfer agent. This registration enables Securitize to act as a transfer agent for digital securities registered with the SEC, as well as for issuers of Reg A+ and Reg CF digital securities who...Read More
Security token offerings are still a very niche market. While there is merit to this model compared to ICOs, investors have cooled off on blindly investing in tokens and assets. In Europe, things are not looking all that bad, despite some initial growing pains along the way. A healthy increase in successful tokenized projects shows...Read More
Silk Road founder Ross Ulbricht has spent six years in prison and has 34 years and two life sentences to go unless a petition spearheaded by his mother and sister lead to a grant of clemency. 195K Signatures and Counting For Ulbricht A petition seeking clemency for Silk Road founder Ross Ulbricht is quickly approaching...Read More
The Reserve Bank of India (RBI) did not correctly respond to the presentation that could have removed the necessity of banning bitcoin trading in the country, found the apex court.The Supreme Court of India noted in a hearing today that the central bank forwarded the presentation to the government. But what it should have done...Read More
Facebook the highly controversial social media giant developing the Libra global stablecoin, is in talks with Indonesian digital payment platforms and fintech firms to enable it to launch a WhatsApp-based mobile payments service in the region, reports Reuters on August 20, 2019. Facebook Interested in Indonesia In a bid to take advantage of Indonesia’s rapidly...Read More
Trading signals for Bitcoin are turning ‘extremely bearish’ as the cryptocurrency’s wild upside of HY2019 comes close to its exhaustion.According to market analyst Chonis Trading, the moving average convergence divergence (MACD) oscillator on bitcoin’s weekly charts is looking to flip to indicate its bearish bias. The indicator is one of the most popular ones among...Read More
The U.S. Congress has taken an interest in blockchain technology, and some crypto companies are starting to engage with it―which ones, and why? Cryptocurrency has been under scrutiny from the U.S. government (and its associated regulators) for some time now. For example, in 2017, the U.S. SEC started to examine ICOs and began to treat...Read More
Markets have taken a turn for the worse as North American investors reacted to the SEC’s latest pronouncements for future token sales. Based on the new guidance, regulators will continue to treat all token sales as likely securities for the foreseeable future. Markets fell more than $17bn since Wednesday morning. Digital assets across the board...Read More
Need convincing reasons to purchase Bitcoin? President Trump signed a financial agreement that increases the US national debt by about $22.5 Trillion. To some people, Bitcoin is money, while to some people Bitcoin can be multiple things depending on how it is utilised. A long term investment, a trading vehicle for short term profits, a...Read More
The United States Securities and Exchange Commission (SEC) has registered Securitize, a digital securities platform backed by crypto exchange Coinbase, as a transfer agent, according to a press release published on Finextra on Aug. 21. Securitize — which claims to be the first transfer agent with a working blockchain protocol and active securities issuers registered...Read More
Following a strong rally back toward $11,000 that was stopped roughly $50 short, Bitcoin price has now broken back below $10,000 yet another time during the month of August.The post appeared first on NewsBTCRead More
New findings have revealed that controversial stablecoin issuer, Tether, is seemingly working on a new stablecoin project dubbed “CNHT”. The new stable coin will be pegged to the offshore Chinese official fiat currency Renminbi (RMB/CNY). This was confirmed today by Zhao Dong, a shareholder at Bitfinex, a cryptocurrency exchange owned by iFinex Inc., which is...Read More
