Experts from the payments industry believe that Apple Card launch can boost the company’s Apple Pay digital wallet system which can give tough competition to giants like Venmo, PayPal, and Square Cash. Earlier this week on Tuesday, August 20, tech giant Apple launched its Apple Card in the US market. Apple’s foray into the payments...Read More
The cryptocurrency market has somewhat stabilized, presenting a predominantly green landscape as Bitcoin struggles to stay above the psychological $10,000 marker. Cryptocurrency Market Situation. Source: Coin360 Sentiment for Bitcoin has seen a moderate improvement towards a strongly neutral outlook. Bitcoin Sentiment Chart by theTIE.io Despite this overall lukewarm performance, proponents of Bitcoin’s store of value...Read More
Netflix stock is down 30%, but the NFLX technical picture suggests a major rally waits on the near-term horizon. | Source: Shutterstock By CCN Markets: Netflix stock remains firmly in the limelight – for all the wrong reasons. NFLX shares are down nearly 30 percent from their all-time high, and the stock has plunged more...Read More
Photo: Shutterstock Gartner’s hype cycle methodology provides a means of modeling the evolution of any given technology, and it’s almost scarily accurate. The internet went through it, artificial intelligence went through it, and now blockchain is going through it, too. The timeline says it all. After Satoshi Nakamoto pulled the innovation trigger in launching Bitcoin...Read More
Bitcoin has been on a rollercoaster over the past few days, after rebounding at $10,000 only to reach the resistance at $10,800 and rolling over to return down to $10,000, where it traders now. Looking at the Bitcoin weekly chart, we can see that the coin might be forming a descending triangle pattern. The interesting thing...Read More
The PrimeXBT trading platform revealed on Wednesday, 22 August 2019, that it has reduced its trading fees for crypto and forex trades. The newly announced fee structure features lowered overnight financing fees on all crypto trading pairs, in addition to a reduction of ten times in trading fees across all forex pairs. According to a...Read More
Photo: Casa / Medium A famous crypto startup firm recognized as Casa that offers primary management service, and Bitcoin node machine has launched a node monitor as well as accompanying reward program to develop Bitcoin network health. The firm revealed the latest innovation in an official website article on Aug. 21. Per the announcement, the...Read More
Brave is on a roll this summer, with new additions to the crypto-powered browser almost every month. Earlier this month, Brave began to allow Twitter users to receive tips, and now, it has added two more highly-anticipated options. Wednesday’s release allows users to tip BAT tokens to individuals on Reddit and Vimeo. Our desktop browser...Read More
UK-based international money transfer company Xendpay is the newest member to join Ripple Net, which will give Ripple access to markets in Bangladesh, Malaysia, Philippines, Vietnam, Indonesia, and Thailand. Ripple posted on its blog that Xendpay provides “some of the most competitive rates on cross-border money transfers” which also offering customers “the option to waive...Read More
The XFL has released eight team names and logos, but they have no chance against the juggernaut that is the NFL. | Source: AP Photo/Paul Sakuma, File By CCN Markets: The XFL just announced their team names and logos for the upcoming 2020 season. The names all have a tough, battle-ready theme. The Renegades, the Guardians,...Read More
The demand for bitcoin has certainly been tangible over the past few months. Even with a correction of around 30% the digital asset is still up over 160% this year. That growth could have been spurred by central banks devaluing their own currencies as economic skies darken. Big Banks Boosting Bitcoin Demand and fervor for...Read More
Bitcoin and altcoins are forming a strange correlation as of late, according to data provided by market analyst Ceteris Paribus.The noted cryptocurrency trader found that leading altcoins plunged massively every time bitcoin tested or hinted to check the $10,000 level. Between June and August 21, bitcoin closed above the $10,000 mark four times. And each...Read More
Distributed ledger startup Ripple has added a new client to its to its global settlements platform, RippleNet. UK-based remittance firm, Xendpay, announced a partnership with Ripple that allows the firm to enter new markets like the Philippines, Bangladesh, Malaysia, Vietnam, Indonesia, and Thailand. According to a statement published August 21, RippleNet supports currencies that were...Read More
EOS remains technically bearish across the short and medium-term, as the cryptocurrency looks set for its fifth straight week of trading losses A bearish head and shoulders pattern suggests that a drop towards the $3.00 level is coming. EOS is back under downside pressure on Thursday after the early week rally towards the $3.80 resistance...Read More
Cardano is ranked at #12, below Stellar but above both LEO and TRON on coinmarketcap. While Justin Sun, the head of TRON has boasted that TRX will soon brush past ADA, Emurgo and IOHK have been working diligently with regards to the roadmap [and the Shelley reveal]. ADA rose at a rate of 2.41% in the...Read More
A volatile Dow Jones clung to gains amid a broader stock market decline thanks to a rally from one key $200 billion stock. | Source: REUTERS / Eduardo Munoz By CCN Markets: The Dow Jones stood resolute amid heavy selling pressure on Thursday after the inversion of the US yield curve once again proved to...Read More
Another bitcoin scammer’s run comes to an inevitable end. | Source: Shutterstock By CCN Markets: A Michigander is facing 20 wire fraud and money laundering charges for carrying out a crypto investment scam that raked in an average of nearly $15,000 daily. According to the prosecutors, James Matthew Thomas defrauded approximately $206,000 from his victims...Read More
Photo: Flexa / Medium After introducing crypto payments to its SPEDN app earlier in May 2019, merchants payment startup Flexa plans to bring this functionality to other apps as well. This is a massive step by Flexa to boost up crypto spending in the global economy. Flexa plans to implement this project by staking its...Read More
Unlike Bitcoin currency hacking, Bitcoin ATM robbery used to be uncommon. A certain incidence has come to our notice. Two masked thieves stole a Bitcoin ATM from a mall in Washington on Aug 3. The surveillance camera has caught them while carrying out the ATM machine in a van. Violent raids targeting Bitcoin businesses and...Read More
Sub-zero interest rates have become the norm in some countries, especially in Europe. Nordic nations such as Sweden and Denmark have been in negative territory for a while and a growing number of banks in the region are now charging depositors for keeping their money. Saving in fiat right now, unlike cryptocurrencies lately, leads to...Read More
Blockchain company Pundi X has revealed that it has partnered with Traki, the biggest chain of department stores in Venezuela, which will implement the blockchain-powered point-of-sale device XPOS into all its stores. Singapore-based Pundi X will have its XPOS available in all of Traki’s 49 stores from across the country. Traki customers can use the...Read More
Bitcoin Core developer, Peiter Wuille, has introduced a new programming language called Miniscript, to simplify smart-contract development for Bitcoin. One of the most prolific and respected Core-developers, Wuille is responsible for the creation and implementation of Segregated Witness (SegWit). ‘Miniscript’ Is Like An Enhanced ‘Script’ For Bitcoin Miniscript is built on top of the existing...Read More
Paradigm, a messaging service, integrated with Deribit, a Bitcoin and Ethereum futures and token exchange platform on Thursday, August 22, 2019. Initially, the Telegram app is useful to negotiate crypto trading. Block trade functionality is an essential step to attract institutional traders to the world of crypto. As per the announcement, trading is possible on...Read More
On Aug 21, 2019, kompany announced that their API platform, BREX, had brought 5 more XRP Ledger validator nodes live, for a total of 6 nodes verifying thousands of transactions each, every day. And now there are 6 – We’re happy to announce that kompany’s #API Platform BREX has taken 5 more #RippleNet XRP Ledger...Read More
A recent plunge in the bitcoin price is looking to negate some of its losses as China’s currency weakens to its lowest level in 11 years.Renminbi on Thursday dropped 0.2 percent to 7.00749 against the US dollar after remaining in focus owing to the ongoing trade dispute and US allegation of currency manipulation. The legal...Read More
Ripple continues to build its ecosystem whenever possible. Particularly its RippleNet solution is of great interest to remittance providers. Numerous companies are already embracing this technology today. It now seems another name can be added to that list in the form of Xendpay. This further validates the technology stack on a global scale. What is...Read More
Have you ever needed to send money overseas? Often, the most important question involves costs. How much is it going to cost you? Ripple, a payment infrastructure and blockchain technology solutions provider, offers cheaper payment services and is alleged to be more convenient than Swift, according to a new report from DBS, an Asian bank...Read More
MouseBelt‘s Blockchain Accelerator, a VC-backed blockchain firm, was live on Wednesday at UC Davis, UC Los Angeles , and UC Santa Barabara, the 3 California universities, focusing on the educational importance in US Schools. The program splits into two divisions. The first funding is for the research department while the other is for the Engineering...Read More
The endorsement for blockchain technology and skepticism of exisiting technologies is reflected in Yang’s campaign website which states that traditionally used machines are vulnerable to tampering and hacking, when compared to the world’s latest available technologies. One of the candidates for the 2020 presidential election in the U.S., Andrew Yang, says he wants to modernize...Read More
Untrusted exchanges still command the lion’s share of global cryptocurrency trading volumes, a CryptoCompare report published on Aug. 21 reveals. As of July, D-E rated low-quality exchanges represented 64% of trading volume — a staggering $316 billion — whereas top-rated AA platforms accounted for just 5% or $31 billion. A-rated exchanges nonetheless increasing share Lower...Read More
