August 23, 2019

Crypto Analyst: Bitcoin Bull Rally is Over if Trendline Breaks

Bitcoin has been on a bull run since the start of 2019, after bottoming in December 2019. Momentum picked up with a $1,000 candle in April and the crypto asset was off to the races ever since.The post appeared first on NewsBTC
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Is Ethereum’s tokenization throne at risk? Binance thinks so

Ethereum has long been the network that businesses flock to in times of blockchain need. But the network’s appeal could soon fade, according to a new report from Binance Research. Binance, the world’s largest cryptocurrency exchange by volume, suggests that Ethereum’s scalability issues are giving several other programmable blockchains a chance to catch up and...
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Trump Ups the Ante on China While Bitcoin & Gold Shine Bright

As Charles Schwab’s Liz Ann Sonders points out, this rift between President Trump and China is no longer just a “skirmish.”  | Source: Shutterstock By CCN Markets: China had to see this one coming. After China President Xi Jinping revealed his intentions to slap fresh tariffs on $75 billion in U.S. goods, President Trump raised...
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Circle CEO Says Tokenized Fiat Currencies Are on the Horizon

Jeremy Allaire, the CEO of blockchain-based, crypto-inclusive money transfer company Circle, said that the firm has long held that major fiat currencies would eventually be tokenized. Significant digital currencies In an interview on Aug. 21 on the podcast Global Coin Research, Allaire said that Circle has thought for years that sovereign currencies would eventually be...
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Largest Crypto Ponzi in History? Research Shines Light into Scale of PlusToken

According to new research, the recently alleged crypto asset Ponzi scheme PlusToken may be the largest in history. The study, conducted by Elementus, shows that around $2 billion worth of Ether (ETH) tokens were involved in the scheme.Given that the operation accepted payments in a range of other cryptocurrencies, as well as by the Ethereum...
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Cointelegraph Launches Korean HQ in Seoul, Expanding Presence in Asia

Cointelegraph is pleased to announce that we are continuing to increase our presence in Asia with the launch of Cointelegraph Korea. Today, Aug. 23, we celebrated the launch of a Korean-language version of Cointelegraph and the opening of our Korean headquarters in Seoul. To commemorate the move, Cointelegraph hosted an event in the city’s financial...
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Bitcoin SV trumps Bitcoin Cash in terms of network activity, claims report

The “aggressive hash war” that led to the split of Bitcoin SV from Bitcoin Cash continues to split the two camps and the cryptocurrency market. However, despite the fact that growth patterns of both the fork coins have been similar, recent analysis suggests that BSV is growing a bit faster. Despite it being two years...
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Fervent Push for Regulatory Approval by STO Issuers

The crypto industry is making great strides in establishing Security Token Offerings (STOs) as a secure fundraising method. With the market’s attention diverted to the first-ever SEC-supported STO, and the U.S. Securities and Exchange Commission (SEC) pledging “plain English” directives on ICOs, 2019 could finally see security tokens used as fundraising tools. In 2018, the...
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Apple Sucking Up to Customers in Desperate Attempt to Save the iPhone

Apple is reportedly going to add a clutch of important features to its next-generation iPhones as tries to save the device from oblivion. | Source: Shutterstock By CCN Markets: Apple founder Steve Jobs never believed in listening to customers. He believed that common people like us don’t exactly know what we want. So the great...
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Research Suggests Tether Sentiment Could Provide Chance for Manipulation

New research suggests a strong correlation between Tether sentiment and its market capitalization
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Bitcoin Price Could Test Bottom of Weekly Range, MACD Turning Bear

Bitcoin price has struggled to regain the same powerful bullish momentum it had starting in April through July, but crypto bulls also haven’t given up the fight and have managed to keep Bitcoin price from falling far below $10,000.The post appeared first on NewsBTC
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Ethereum Poised to Be the First Public Blockchain Network on the Hyperledger Consortium

The Pantheon project basically aims to provide a number of Ethereum-based services built by ConsenSys’ strong engineering team called PegaSys. Ethereum is all set to join the open-source Hyperledger consortium. It would be the first public blockchain network joining Hyperledger as the latter’s technical steering committee approves a proposal for adopting the ConsenSys-backed Pantheon project....
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The Dallas Mavericks Are Now Accepting Bitcoin

Share to facebook Share to twitter Share to linkedin <div innerhtml=" Mark Cuban, governor of the NBA’s Dallas Mavericks, arrives at the NBA Awards on Monday, June 24, 2019, at the Barker Hangar in Santa Monica, Calif. (Photo by Richard Shotwell/Invision/AP) Richard Shotwell/Invision/AP The Dallas Mavericks now accept Bitcoin as a method of payment for...
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Leaked Images Overlap With Those Processed by Third Party

Major cryptocurrency exchange Binance states that some leaked Know Your Customer (KYC) images overlap with those processed by a third party vendor. In an announcement on Aug. 23, Binance said that its investigation of a KYC data leak that occurred on Aug. 7 is still ongoing. The exchange’s security and investigations team is purportedly trying...
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NASA news: Hubble telescope snaps dying stars that confused astronomers | Science | News

The NASA picture appears to show a bight nucleus surrounded by two stellar bodies known as NGC 2371 and NGC 2372. Astronomers who first studied the “dark, gloomy scene” were confused by the image, assuming they were looking at two separate bodies. However, according to the European Space Agency (ESA), a closer look at the image revealed...
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Digitex Announces Testnet Launch Date For Bitcoin Futures Exchange

One of the most anticipated projects of the year is finally inching closer to reality. After months of delays, the Digitex Futures Exchange has finally announced the date of its testnet launch, which is currently scheduled for November 30. According to Digitex development partner SmartDec, the testnet will be the first step to creating  “the...
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Crypto Exchange OKEx Pounds the Table on 34% Bitcoin Price Surge

Crypto exchange OKEx believes the bitcoin price will surge 34% to $14,000 this year, thanks to a little help from the Federal Reserve. | Source: Shutterstock By CCN Markets: Crypto exchange OKEx isn’t concerned that the bitcoin price appears to have hit a wall just above the $10,000 mark. In fact, the industry giant believes...
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Circle CEO: China’s Digital Currency Could “Bypass Western Banking System”

Circle CEO Jeremy Allaire says the U.S. lagging behind China’s development of a national digital currency could alter the way Western companies transfer payments. Speaking on the Global Coin Research podcast this week, Allaire said China is setting the pace in the development of a digital currency equivalent of its fiat currency, the renminbi, and...
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Scammer Ordered to Forfeit $1.12 Million Bitcoin in Landmark UK Case

A scammer who sold people’s personal details on the dark web has been ordered to forfeit $1.12 million worth of Bitcoin. Grant West, also known as “Courvoisier “, gathered sensitive information about individuals using a phishing scam targeting a popular online takeaway ordering service and other well-known British retailers.The investigation and subsequent confiscation is the...
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Facebook’s Libra Backers Are Having Second Thoughts. No Surprise Here

Facebook’s Libra may have some early ship-jumpers as some of its first backers are reportedly distancing themselves from the project over regulation. | Source: AP Photo/Marcio Jose Sanchez, File By CCN Markets: Facebook’s Libra project could be dead on arrival. If it does launch, it probably won’t be anything like what was originally proposed by...
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MouseBelt Brings Blockchain Education To University Of California

Blockchain businesses are hiring left, right, and center, and MouseBelt believes universities are key to building a better industry. The company is investing in a “first-of-its-kind” partnership with the University of California to bolster education and entrepreneurship in the field.  Described as a “full-service blockchain accelerator,” MouseBelt has invested over $40 million across more than...
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House Financial Services Committee Will Continue Libra Review

Representative Maxine Waters, chair of the United States House of Representatives’ Financial Services Committee, says the committee will continue to review Facebook’s proposed cryptocurrency Libra and the corresponding digital wallet Calibra. A priority for autumn 2019 Waters announced the committee’s priorities for fall 2019 on Aug. 23. According to the statement, the committee plans to...
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Price Analysis 23/08: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, XLM

Which altcoins are offering short-term trading opportunities? Let’s consult the charts
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Telx Technologies launches world’s first crypto-facilitating SIM card

Telecommunications company Telx Technologies has announced the launch of a SIM card which can be used to transact cryptocurrencies via SMS. The agenda behind the project is to enable people to send money internationally without the need for a smartphone, Internet connection or wallet app/address. According to Telx, its launch will be the world’s first...
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The XRP Price did not hit $9 Despite Dubious Press Release Claiming Otherwise

There are always some odd developments in the cryptocurrency industry. Earlier today, a press release surfaced on Yahoo Finance. They claimed XRP was trading at over $9.35 on the Investing.com Index. That is quite interesting, considering the actual market value is a lot lower.  Don’t get Your XRP Price Hopes up There is a very...
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Blockchain Will Integrate BitPay’s Payments System For Wallet Payments

Bitcoin wallet and blockchain explorer provider Blockchain announced a partnership with the largest bitcoin processor, BitPay. According to a blog post published today, Blockchain will integrate BitPay’s payment architecture into its wallet service. This partnership will allow Blockchain wallet users to pay merchants online or on mobile. BitPay processes approximately $1 billion in bitcoin alone...
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CNBC Analyst Slams Facebook Libra, Champions Bitcoin

Since the announcement of Facebook’s Libra cryptocurrency, the crypto market and even the tech sector has never been the same. It’s got regulators up in arms about Bitcoin, crypto assets are crashing, and the project may not ever even see the light of day. Even partners have started to abandon the project.The post appeared first...
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JP Morgan to Do Away With Chase Pay App, as Most American Disregard Mobile Pay

Consumers have been reluctant to accept transacting with phones in stores, but instead, the bank prepares to integrate more retailers that embrace Chase Pay via merchant apps plus food ordering firm Grubhub. JPMorgan Chase &Co is warming up to close its Chase Pay app in the third reversal of the bank on digital incentives in...
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Want A Piece Of This Crypto Derivatives Exchange? Sorry, $100M Is Not Enough

Forget about day trading – if you want to get rich in crypto, the real money is in derivatives. As the world prepares for Bakkt’s launch next month, investors and companies are lining up to buy stakes in futures and options trading platforms. That means a flux of new offers from hungry investors. Crypto derivatives...
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Buy Bitcoin with Credit Card Easily in Lumi Wallet

Lumi wallet has expanded its functionality: now Lumi users can buy Bitcoin and Ethereum for USD and EUR. One of the most secure and anonymous wallets on the market has partnered with Simplex, to provide seamless risk-free transactions from a credit card to crypto wallet. How to Purchase Bitcoin Safe and Easy? Now buying Bitcoin...
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Bitcoin (BTC) $ 95,340.54 1.99%
Ethereum (ETH) $ 3,320.00 1.01%
Tether (USDT) $ 1.00 0.11%
XRP (XRP) $ 2.19 2.09%
BNB (BNB) $ 660.29 0.49%
Solana (SOL) $ 182.24 0.44%
Dogecoin (DOGE) $ 0.316593 0.51%
USDC (USDC) $ 1.00 0.19%
Lido Staked Ether (STETH) $ 3,312.62 0.89%
Cardano (ADA) $ 0.895638 0.47%