August 21, 2019

Why Has Bitcoin Become So Popular?

Bitcoin is a virtual currency that’s as good as the traditional bills that we use. Because it’s already accepted, security features have to be embedded in the application or software that manages it. Many developers had designed the system that makes it impossible to break into it so that no one can steal your money....
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Bitcoin Plunges $800 In Hours: Can The Price Maintain Above $10,000? BTC Analysis & Overview

The short-term action continues going back and forth inside the marked horizontal triangle on the following 4-hour chart. After two days of consolidation below the triangle’s descending trend-line with zero success to break through, Bitcoin plunges $800 to set $10,082 as its current daily low. As mentioned here on our previous analysis, the $10,800 area...
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Another Slump For Bitcoin As Bear Market Indicators Loom

Bitcoin’s range bound pumps and dumps have become commonplace over the past six weeks. Another slide a few hours ago should not be cause for alarm then as BTC failed to register further gains. It is now in danger of heading back into four figures for the fifth time. Four Figure Bitcoin in Play …...
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AOFEX Exchange Creating a Safer Trading Environment

AOFEX Exchange is known for its non-standardized option trading service that helps investors hedge the risks of their digital investments. NSO trading awards are said to be launched this month. Located in London, United Kingdom, AOFEX is a digital asset exchange with non-standardized option trading as its core competitiveness, which is open to global users....
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Stellar Price Analysis: Stellar Lumens (XLM) Embarks on a Reversal Trend, Trades Around its Major Support Level of $0.0665

Stellar takes a downward turn, after trading around $0.070.  XLM continues to have an even intense selling pressure.  The intraday movement appears to be bearish. Stellar Lumens is ranked amongst the top 15 coins in the global market. Stellar coin slips below $0.070 and exhibits a reversal trend with a downward motion. XLM price was...
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Bitcoin Hash Rate ‘Not Affected’ as China Floods Knock Out Miners

Bitcoin (BTC) network hash rate remains near all-time highs despite fresh turmoil in China as floods wipe out mining operators.  Bitcoin mining farm ‘devastated’ As various Twitter users reported on Aug. 20, the rainy season in China’s northwestern Sichuan province has spelled disaster for at least one Bitcoin mining farm. According to cryptocurrency mining pool...
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Bitcoin, Tron and Litecoin Price Prediction and Analysis For August 21st: BTC, TRX, and LTC

Bitcoin Price Analysis (BTC/USD) On an hourly chart, the bulls have dominated the market of BTC/USD pair.  The 7 day MA was seen gravitating above the 21 day MA that signaled an increase in bullish pressure.  The top cryptocurrency has slightly gained by 0.17%, having escalated from $10731.71 to $10750.00. Apparently, a bullish engulfing candle started...
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Bitcoin Lightning Network Implementation C-Lightning to Release New Version

Blockstream, one of the Blockchain development company announced the release of version 0.7.2 of its scalability software c-lightning. Christian Decker, a blockchain researcher at Blockstream, announced on August 20 the release of new version via twitter.  According to the tweet, the updated version of c-lightning supports dynamic plugin management as well as “the upcoming signet.”...
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Acuity Brands (AYI) Share Value Declined While Harvey Partners Has Lowered Stake by $996,000; Great West Life Assurance Company Has Boosted Its Tiffany & Co New (TIF) Position by $3.13 Million

Harvey Partners Llc decreased its stake in Acuity Brands Inc (AYI) by 47.98% based on its latest 2019Q1 regulatory filing with the SEC. Harvey Partners Llc sold 8,300 shares as the company’s stock declined 7.00% . The hedge fund held 9,000 shares of the building products company at the end of 2019Q1, valued at $1.08...
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Dow Futures Rockets but Fed Insider Warns of 2008-Style Collapse

The Dow is leaning toward a strong open on Wednesday but the optimism could be short-lived, according to one former Fed insider. | Source: AP Photo/Aaron Favila By CCN Markets: Dow Jones Industrial Average (DJIA) futures ticked up 200 points in early trading Wednesday, pointing to an optimistic open on Wall Street ahead of the...
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FT Compares Bitcoin Salaries to De Facto Slave Labor

Getting paid in bitcoin? You should be offended, apparently. | Source: Shutterstock; Edited by CCN By CCN Markets: In a sweeping article that bashes Bitcoin and it’s kindred, Izabella Kaminska of the Financial Times compares cryptocurrency salary earners to modern-day slaves. Pointing to the BBC show ‘Who Do You Think You Are?’, Kaminska highlights a...
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Ethereum Price Prediction and Analysis For August 21st: ETH Stumbled on Market Moods

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The ETH has put its restoration on a halt: the market situation does not stimulate active buying. Tuesday morning, August 20th, the cryptocurrency slightly declines, trading at $198.95. On H4, the Ethereum has formed a convergence after nearing an important correction level of 61.8% ($163.20) Fibo. This suggests...
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Melbet Review: An Excellent Platform for Better and Faster Profits

Melbet was established in 2012, and it has become a popular site for potential bettors who want to invest in the betting world. They have a wide range of sporting events available to users amounting up to 200 daily events. Since their inception, they have taken the betting world by force by gaining user popularity...
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Bitcoin Price ‘Will Struggle’ in Big Financial Crisis, Says Investor

Blockchain Capital’s Spencer Bogart is confident that BTC is a safe haven in the long term
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Bitcoin Lightning Network Implementation C-Lightning Gets an Upgrade

Blockstream updated c-lightning, its Lightning Network implementation, to version 0.7.2
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Ethereum Classic Price Analysis : ETC Price Surges Above 10%

Following a brief period of recovery, almost all of the top-20 coins by market capitalization have entered the red again. The leading digital currency BTC is struggling to stay in positive territory hovering around $10,700. At present Ethereum classic is the only coin with maximum gains. Among Top 20 crypto market. Ethereum Classic (ETC) has...
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Bitcoin (BTC) Price Recent Breakdown Could Accelerate Decline

Bitcoin price failed to surpass the $11,000 resistance and recently declined against the US Dollar.The price is currently trading below the key $10,600 and $10,500 support levels.This week’s followed crucial bullish trend line was breached with support near $10,600 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price is currently at...
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How many photos taken over the years? I have no idea. – Blue Ridge Muse

In an exchange of emails from a woman who came across some of my photos on a website, she asked: “Do you know how many photos you have taken over the years?” “I have no idea,” I replied. “Hundreds of thousands, probably. Possibly more than a million.” My first published photo in a newspaper was...
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Ripple Price Analysis: XRP Took a Dip to $0.26 Following a Loss of 3%

Ripple is down by 3% over the last 24 hours and falls to 0.26 USD. The next resistance may come by the end of this week at 0.29 USD. Ripple is yet to cope with the market. It has been under huge pressure for the last few weeks and it is yet to make any...
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Trading Volume Has Increased 2,000% Since 2018

Nelson Minier, head of over-the-counter (OTC) trading at major cryptocurrency platform Kraken, has stated that the OTC desk’s trades per month have increased by a factor of 20 since the beginning of last year. Minier gave his remarks in an episode of The Block’s podcast, The Scoop, on Aug. 20. Minier further remarked that “Bitcoin...
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Ripple Price (XRP) Breaks Key Support: More Downsides Likely

Ripple price started a fresh decrease after it failed to break the $0.2920 resistance against the US dollar.Bitcoin price is struggling to hold the main $10,500 support area.This week’s followed bullish trend line with support near $0.2740 was breached on the hourly chart of the XRP/USD pair (data source from Kraken).The pair is currently trading...
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Major Coins Report Mild Losses, Bitcoin Price Hovers Around $10,700

Tuesday, Aug. 20 — following a brief period of recovery, almost all of the top-20 coins by market capitalization have entered the red again, with Bitcoin (BTC) hovering around $10,700. Market visualization. Source: Coin360 The leading digital currency BTC is struggling to stay in positive territory, being up by a modest 0.26% on the day...
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Vitalik Buterin: Increasing Transaction Costs Risk Limiting Ethereum Adoption

The increased cost of transacting on the ethereum blockchain is hurting the software’s adoption, says project creator Vitalik Buterin. Speaking with the Toronto Star this week, Butertin suggested projects that are considering whether to build on the technology will likely be butted out as the blockchain is overloaded with transactions, or in his words “almost full.”...
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Huobi Expanding DeFi Presence With MakerDao, Compound Support

Singapore-based Huobi is expanding its presence in decentralized finance (DeFi). The crypto exchange announced support for two autonomous loan making vehicles, the infamous MakerDao and a similarly open-sourced Compound protocol, according to an August 19 statement. Both ethereum-based protocols serve as “market-makers” by allowing borrowers to take out liquid loans against a pool of assets....
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Austrian Telecommunications Giant to Accept Cryptocurrency

One of the largest mobile providers in Austria is planning to accept cryptocurrency for payment at certain store locations.  A1, which services some 5.1 million mobile and 2.1 million fixed lines across Austria, is testing cryptocurrency payments at store locations across Austria. Dash, ethereum, litecoin, stellar and XRP will be available for payment, according to...
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SEC Settles With ICO Service Over Undisclosed Payments for Reviews

The U.S. Securities and Exchange Commission (SEC) has fined Russia-based analytics firm ICORating for failure to disclose payments for positive reviews to various projects. Today the SEC announced a $268,998 settlement with ICORating for projects rated from December 2017 through July 2018. According to the SEC, projects rated by ICORating during that time raised funds...
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Kraken OTC Desk Head: Trading Volume Has Increased 2,000% Since 2018

Nelson Minier, head of over-the-counter trading at cryptocurrency exchange Kraken, says its volume has increased twenty-fold since 2018. Nelson Minier, head of over-the-counter (OTC) trading at major cryptocurrency platform Kraken, has stated that the OTC desk’s trades per month have increased by a factor of 20 since the beginning of last year. Minier gave his...
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Austrian Telecom A1 Accepting Crypto in Select Shops Using Salamantex

Major Austrian telecom operator A1 has started accepting six cryptos as payment in select shops in Austria. Major Austrian telecom operator A1 has started accepting cryptocurrencies as payment in seven selected shops in Austria. Six cryptos accepted Starting from Aug. 19, A1 customers can pay for network services in selected A1 branches using six major...
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Facebook-owned WhatsApp Looks to Launch Digital Payments in Indonesia

Facebook-owned WhatsApp is in early talks with local firms to launch digital payments service in Indonesia. Facebook-owned messaging service, WhatsApp, is purportedly in preliminary talks with multiple digital payments firms as well as a state-owned bank to launch digital payment services in Indonesia.  Reuters reported that they had learned of this development from anonymous sources...
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Crypto Market & Bitcoin Remain Supported: BCH, Litecoin, ADA, TRX Analysis

The total crypto market cap failed to surpass the key $280.0 resistance area.Bitcoin price started a downside correction and traded below the $10,800 support.Litecoin (LTC) price is struggling to correct higher and is testing the $75.00 support.BCH price is currently correcting lower and it might test the $305 support area.Tron (TRX) price is extending losses...
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Bitcoin (BTC) $ 98,179.31 3.39%
Ethereum (ETH) $ 3,323.90 7.54%
Tether (USDT) $ 1.00 0.05%
Solana (SOL) $ 255.23 7.12%
BNB (BNB) $ 633.57 3.98%
XRP (XRP) $ 1.27 14.02%
Dogecoin (DOGE) $ 0.384773 0.18%
USDC (USDC) $ 1.00 0.01%
Lido Staked Ether (STETH) $ 3,328.62 7.83%
Cardano (ADA) $ 0.819665 1.91%