August 22, 2019

More Pain Predicted as Bitcoin Falls Below $10,000 Again

In a dip that matched last Friday’s, bitcoin fell back to $9,780 during Asian trading today. The trend has been clearly down this month and further losses have been predicted for BTC by leading crypto analysts. Bitcoin Back in Four Figures At the time of writing, BTC was clinging on to the $10k level after...
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Swiss Private Bank Says 400 New Clients Demanding Crypto Products

Swiss private bank Maerki Baumann is inundated with new clients interested in its crypto plans
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Have Cryptocurrency Markets Matured Beyond The 2017 ICO Problems?

Photo: Shutterstock As represented by CipherTrace’s recent Q2 AML report, there is no denying that retail investors still face immense risk, as fraudsters and exit scammers have absconded with more than $4.26 billion in crypto assets in 2019 to date. And the opaqueness of relationships between coin rankings sites like CoinMarketCap (CMC), exchanges, and projects,...
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Bitcoin Cash is more centralized than we thought; memes on Roger Ver keep springing up

Bitcoin Cash is ranked at #4, above Litecoin on coinmarketcap. The price of BCH diminished at a rate of 2.58% in the course of the past 24-hours. The trading volume recorded is $1.411 billion, while the supply has 17,960,688 BCH coins in play. For now, the total market cap of Bitcoin Cash is $5.370 billion. As of...
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PR: Cross Exchange Launches IEO

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. CROSS is a project aiming to develop an exchange platform that trades various digital assets globally including CROSS...
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Altcoins Real Dominance Is Only 10% Of The Crypto Market, Not 30%: New Study Reveals

Bitcoin dominance is the crypto market share of the leading cryptocurrency, Bitcoin, over the rest of the crypto market. The indicator has been fluctuating between a high of almost 96% in November 2013 and a low of 33.4% recorded in January 2018, during the craziest altcoin season. Following the BItcoin’s Bull Run of 2019, the dominance...
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Custodian Anchorage Announces Support for Stellar Inflation and Tezos Baking

Photo: Anchorage / Medium Anchorage clients who hold Stellar or Tezos now are in for a treat. Anchorage just announced that they are adding these assets to its list of eligible assets, the company co-founder and president Diogo Monica announced in a medium blog post. For those who hold Stellar, they can now receive inflation...
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PariMatch Review: Gamble And Earn Huge Profits

Established more than a decade ago, Parimatch is an online platform that allows its users to engage in the betting market with full zest and lots of bonus options. The company has been licensed by the government of Curacao. It also has a customer base across the globe barring the United States. With about 500...
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Bitcoin Price ‘Will Never Hit $50K,’ Gold Bug Peter Schiff Tells Tom Lee

Gold will go to $5k but Bitcoin will fail to hit $50k, says Peter Schiff
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Bitcoin Dominance Is Actually Above 90%, New Research Suggests

Bitcoin’s true share of the total market capitalization for all cryptocurrencies could be as high as above 90%, a new analysis claims. Bitcoin’s true share of the total market capitalization for all cryptocurrencies could be as high as above 90%, Forbes reported on Aug. 22. While mainstream crypto data aggregators have been pointing to a...
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Bitcoin Price Struggling at $10K as Analysts Warn of 2018-Style Dump

Bitcoin’s short-term outlook has turned decidedly bearish after a week of sideways action. Bitcoin (BTC) price was testing support at $10,000 Aug. 22 as the largest cryptocurrency fluctuated between four and five figures. Market visualization. Source: Coin360 Difficulty must touch floor before Bitcoin price moons Data from Coin360 showed BTC/USD crossing the $10,000 mark multiple...
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Gemini extends its global footprint by expanding to Australia

The Cameron and Tyler Wnklevoss-led cryptocurrency exchange, Gemini, was recently in the news after the exchange named David Damato as its new Chief Security Officer. The exchange is in the news again after it updated the crypto-community about its latest expansion. According to a blog post by Tyler Winklevoss, Gemini services will now be available...
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Gemini Launches Exchange Branch in Australia

The Winklevoss’s crypto exchange Gemini has revealed on Wednesday that it will officially start its trading operation in Australia. The launch of this branch means that users based in Australia are able to trade five cryptocurrencies which are supported on the Gemini platform including bitcoin, bitcoin cash, ethereum, litecoin, and zcash. This is the fifth...
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A ‘Severe’ Financial Crisis Could Hurt Bitcoin, Warns Venture Capitalist

A spiraling financial crisis won’t drive investors to bitcoin, according to a major venture capitalist. | Source: Shutterstock By CCN Markets: The Dow Jones Industrial Average has been moving south for the past one month, and what’s surprising to see is that the price of bitcoin has followed suit. The Dow has been sliding over...
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Bitcoin Dominance is Actually Above 90%, New Research Suggests

The true level of Bitcoin dominance could be as high as 90+%, a new study claims
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Huobi DM Introduces Real-Time Settlement to the Bitcoin Derivatives Market

[PRESS RELEASE] Huobi DM, the derivatives arm of the Singapore-based cryptocurrency exchange, has thrown down the gauntlet to its nearest competitors. On August 21, Huobi DM revealed that it has introduced real-time settlement for BTC contracts, an industry first. The news is more significant than it may at first appear, for it unlocks capital that...
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Samsung-Backed Blockchain Startup Raises $7.5M from Shinhan Bank

South Korean blockchain startup Blockco has secured 9 billion Korean won ($7.5 million) in a recent Series B+ funding round participated by major local banks. Banks continue interest in blockchain Backed by South Korea’s tech giant Samsung, Blockco announced the investment in a blog post on Aug. 22. The funding round involved South Korea’s oldest...
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XRP Listed On India’s Colodax, Subduing RBI’s Restrictions

Colodax, an Indian broker to peer digital asset exchange, has now included Ripple’s XRP in its trading list against RBI restrictions. Users will be able to trade XRP/INR, deposit/withdraw INR and wait for it to match with other brokers. The platform also offers 10 trading pairs. Basically, this includes Bitcoin, Ethereum, Ripple, Stellar, Litecoin, Bitcoin...
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Crypto Mining Hardware Found at Nuclear Power Plant

The Ukrainian authorities and counterintelligence agency have confiscated crypto mining rigs that they found on the site of a nuclear power plant. It was reported that the Security Service of Ukraine (SBU) seized six Radeon RX 470 GPU video cards, a motherboard, power supplies and extension cords, a USB and hard drive, and cooling hardware...
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Gemini Expands to Australia, GUSD Still Not Supported

While it’s still widely regarded as being safer to hold one’s own funds than entrust them to an exchange, Gemini’s standards suggest it may be angled as more of an actual cryptocurrency custodian than other exchanges. Cryptocurrency exchange and custodian Gemini, announced they’re expanding their business to Australia. Australian citizens can now download the Gemini...
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Bitcoin Price ‘Not at the Top’ of New Bull Cycle Yet, New Data Shows

Bitcoin (BTC) price has far higher to go during its current market cycle if crowd sentiment takes charge, according to analysis of the Bitcoin Days Destroyed (BDD) technical metric. In social media posts Aug. 22, Hans Hauge, senior qualitative researcher at crypto investment fund Ikigai, identified Bitcoin sentiment as being similar to early 2017. That...
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Trump Tirade Fears Kill ‘Pointless’ G7 Agreement in a 44-Year First

In an all-time first, the G7 hasn’t concluded an agreement in the Trump-era. | SourcE: AP Photo/Evan Vucci By CCN Markets: For the first time in the G7’s 44-year history, the summit will conclude without a joint communique. According to the Financial Times, the host of this year’s summit French President Emmanuel Macron has decided...
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Cryptocurrencies Used to Buy Illicit Drugs, Says White House

The White House says that cryptocurrencies are used to buy illicit drugs
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Cardano Dips Below 0.047133 Level, Down 4% By Investing.com

Cardano Dips Below 0.047133 Level, Down 4% Investing.com – fell bellow the $0.047133 level on Wednesday. Cardano was trading at 0.047133 by 14:49 (18:49 GMT) on the Investing.com Index, down 4.25% on the day. It was the largest one-day percentage loss since August 14. The move downwards pushed Cardano’s market cap down to $1.22097B, or...
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Just In: Japanese exchange Zaif moving to FISCO as Tech Bureau shuts shop

Tech Bureau is going out of business and Zaif will see an operational shift. The Japanese cryptocurrency exchange, Zaif, will see its operator switch from Tech Bureau to FISCO virtual currency exchange, according to an announcement made on August 22. As per a report from Crypto Watch Japan, Tech Bureau operated the exchange until November...
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As the Atlantis Hardfork draws close, Ethereum Classic {ETC} soars past NEO and IOTA

Ethereum Classic is now ranked at #18 on coinmarketcap. After remaining below Cosmos for days, ETC is back amongst the top 20 coins in the market. The price grew at a rate of 0.63% in the course of the past 24-hours. The trading volume recorded is $756.912 million, while the supply has 112,885,837 ETC coins in play....
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Gemini Expands its Global Footprint, Opens Service in Australia

Gemini, a US based cryptocurrency exchange, founded in 2014 by Winklevoss Twins of Facebook fame, has opened its services to Australia on Wednesday. Gemini Exchange already supports trading in Canada, South Korea, Hong Kong, Singapore, and the UK. Australian Crypto users can now trade in bitcoin, bitcoin cash, ether, zcash, and litecoin through Gemini’s desktop...
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Taipei-Based Crypto Firm Maicoin Seeks Membership in Libra Association

Taiwanese crypto exchange Maicoin is in talks with Facebook about becoming a member of the Libra Association. As local media outlet the Taipei Times reported on Aug. 21, Maicoin wants to join the nonprofit responsible for developing the social network’s long-awaited stablecoin. The company is specifically looking to operate a node on the blockchain-based network,...
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Coinpedia’s Exclusive Interview With CEO of ETC Labs – Terry Culver

On August 14th Coinpedia had the opportunity to interview Terry Culver, CEO of  Ethereum classic Labs. Our journalist asked a few questions related to ETC LABS and its role in crypto industry.  Below is an excerpt from our conversation where she spoke about her contribution to ETC Labs, the pilot program, future growth plans, and...
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Bitcoin (BTC) Price Target Additional Weakness, Upsides Remain Capped

Bitcoin price declined heavily in the past few sessions below $10,000 against the US Dollar.The price is currently correcting higher after it tested the $9,750 support area.There is a declining channel forming with resistance near $10,100 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price could correct higher in the short...
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Bitcoin (BTC) $ 97,964.25 3.53%
Ethereum (ETH) $ 3,345.05 8.56%
Tether (USDT) $ 1.00 0.07%
Solana (SOL) $ 254.50 8.18%
BNB (BNB) $ 620.84 1.91%
XRP (XRP) $ 1.18 7.82%
Dogecoin (DOGE) $ 0.385277 2.00%
USDC (USDC) $ 0.997939 0.29%
Lido Staked Ether (STETH) $ 3,343.73 8.61%
Cardano (ADA) $ 0.788455 1.91%