<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="At midday yesterday, whales moved around 77,000 BTC—worth a whopping $780 million —into three unknown wallets. To put that into perspective, that’s around 0.43% of all circulating supply. ” data-reactid=”19″>At midday yesterday, whales moved around 77,000 BTC—worth a whopping $780 million —into three unknown wallets. To put that into...Read More
When a financial system like the crypto market lacks liquidity, a crash becomes inevitable. This was the case at the margin trading marketplace hosted by U.S.-based crypto exchange Poloniex toward the end of May, when the value of a lesser-known crypto asset, CLAM, experienced a sudden, sharp crash. This resulted in the generalized loss of...Read More
Factom Protocol, an open-source blockchain platform, has announced the launch of PegNet, a closely-connected network of tokens pegged to other assets, including Bitcoin, Gold, USD and EUR. The solution seeks to provide a fully auditable and non-custodial network for transferring value, simplifying the conversion process between one type of asset and the other. With PegNet,...Read More
XRP has not been having a great year, in terms of price as the market reports negative YTD returns for Ripple’s native token. However, XRP has been on an adoption spree since the beginning of the year, Ripple’s recent partnership with MoneyGram being an illustrious example. Despite the technology and institutional partnerships turning heads, the...Read More
If you’re sick of Jimmy Wales asking for money, you might be pleased to hear about the blockchain alternative. Everipedia is a for-profit alternative to Wikipedia, based on EOS. They’re trying to use tokens to incentivize contributors – but as the past year has demonstrated, that might be easier said than done. Everipedia had a...Read More
The world’s third-largest digital currency, Ripple’s XRP, is losing value even as other currencies in the global top 10 are reporting astonishing gains. Ripple’s fall raises eyebrows In the 2018 crypto winter, every digital coin was posting unprecedented losses, and the likes of Bitcoin shaved off over 2/3rd of its market value. However, there is...Read More
Cardano loses 1.05% in 1 day and falls to 0.049 USD from 0.050 USD. The medium-term of the coin is likely to be bullish. Cardano has lost 1.05% over the last 24 hours, although the market trend is on the opposite. It has shown five major price shifts, and it has shown the highest point...Read More
Left-wing Fortnite streamer HasanAbi has received a ban for saying the US “deserved” 9/11 in a now-deleted Twitch stream. | Source: Hasan Piker/Facebook (i), Epic Games (ii). Image Edited by CCN. By CCN Markets: Hasan “HasanAbi” Piker – a one-time Fortnite streamer with over 120,000 subscribers on Twitch – found himself on the wrong end...Read More
byMike Tomkins posted Friday, August 23, 2019 at 9:19 PM EDT For the second week running, our Firmware Friday roundup is a pretty short one, this time bringing with it news of just two updates from one company. (And both of them are pretty minor ones, too.) The Canon EOS RP has received its version...Read More
Mark Carney, governor of the Bank of England (BOE), has a plan to challenge the dollar’s dominance. | Source: Photo by Chris J Ratcliffe / POOL / AFP By CCN Markets: Mark Carney wants the US dollar to lose its status as the global reserve currency, pitching the idea that a digital currency could take...Read More
As many of our readers probably know, Cointelegraph has a number of non-English branches, each covering news from different parts of the world. In pursuit of the most complete and detailed picture of the global cryptocurrency industry, we present a series of weekly compilations of the freshest original articles from our colleagues, starting with Cointelegraph...Read More
Former Morgan Stanley Asia head of derivatives Jeffrey Wang officially joined Amber Group, a Shenzhen-based cryptocurrency company. As Bloomberg reported on Aug. 23, Wang will operate out of Vancouver as the head of Americas for Amber. According to the article, he previously worked at Morgan Stanley with four out of the five Amber’s founders, and...Read More
Matt Hougan, the head of the global research company Bitwise, sees similarities between the remarkable surge of the Bitcoin price and the trajectory that the Gold price took during the 1970s. He believes the current Bitcoin price volatility is the modern-day equivalent of the Gold run in the 70s. In an article for Forbes, Hougan...Read More
Bitcoin futures trading came into existence in the United States in late 2017. These Futures provided traders to estimate Bitcoin market price without having to own Bitcoins. This trading was considered as a milestone bridging the gap between digital investment and traditional investment. What are Bitcoin Futures? An agreement to sell or trade an asset,...Read More
Litecoin [LTC], has not had a good few weeks. The digital silver, the fifth largest coin in the market by market capitalization, has been reeling since its halving at the beginning of the month. At press time, the cryptocurrency was trading at $74.14, down by over $25 since the beginning of the month and by...Read More
Most cryptocurrencies experience inflation―as they issue or create new coins, their value begins to fall. How can they keep this under control? Inflation occurs as a cryptocurrency’s coin supply gets larger. When this happens, the cryptocurrency in question becomes less scarce, and demand begins to fall, thereby driving down its price and its buying power....Read More
Stocks, US Dollar, and yields crashed Friday after President Donal Trump ordered the US manufacturers to find alternatives to China, in a series of Tweets. Trump’s tweets came after China announced new tariffs on another $75 million worth of US goods including autos. These tariffs that range between 5% and 10% will be implemented in...Read More
With many altcoins struggling gruesomely and Bitcoin rapidly usurping almost 70% of the total crypto market cap, some crypto analysts have predicted that there will not be another altcoin season until 2020. The current situation of the market today, however, may be an indication that it is time for a new altcoin season. Looking at...Read More
Mark Carney, the Governor of the Bank of England delivered a speech in U.S. Federal Reserve’s annual symposium in Jackson Hole, Wyoming claimed that USD is replaceable with a digital currency similar to Facebook’s Libra. Carney says “it’s far too expensive to send money cross-border, and there are huge financial inclusion issues related to that...Read More
Litecoin’s post-halving slump should be met with concern. The fifth-largest cryptocurrency in the market has been in a slump since the beginning of the month, with many dismissing it as simply the halving bears. However, the digital silver is now entering dangerous territory. Since topping out at $144 during the close of June, the price...Read More
Donald Trump is upping the pressure on China, and analysts say this is bullish for Bitcoin.For those who missed the memo, on Friday morning, the American President unleashed his latest volley at China (and the Federal Reserve) in a series of tweets. “For many years China has been taking advantage of the United States”, Trump...Read More
The stock market’s “fear gauge” – the CBOE VIX – spiked nearly 20% on Friday as a series of Trump tweets ignited Wall Street panic. | Source: Scott Olson / Getty Images / AFP By CCN Markets: Friday was one of those days where headline news scared the heck out of investors, and the stock...Read More
Cosmos is ranked #21, ahead of Maker but beneath NEO in the market. The price dropped at a rate of 2% which brought ATOM down to $2.67. The trading volume recorded is $106.189 million, while the supply has 190,688,439 ATOM coins in play. For now, the total market cap of Cosmos is $510.052 million. We’ve just open-sourced P.A.N.I.C,...Read More
Craig Wright, the Australian entrepreneur who controversially says he’s bitcoin’s anonymous inventor Satoshi Nakamoto, has made another attempt to cement that claim in the public domain. On Thursday, Wright posted the bitcoin white paper on the scientific journal hosting site, SSRN, citing himself as the author on Aug. 21, 2008. The SSRN (formerly the Social...Read More
Over the past ten days of trading, we had seen Bitcoin trading inside a very tight price range between ~$9400 and ~$10,800 (which contains the 50-days moving average line, marked purple on the following chart). The above range is also forming a horizontal triangle pattern where its apex is getting very close – it seems...Read More
Ethereum is up by 0.58% over the last 24 hours, and it maintains its value above 190 USD. The next resistance for Ethereum may come at 197 USD. In the last 1 month, Ethereum has made a volatile journey. With four major price shifts, the coin has seen the highest point at 237 USD and...Read More
The U.S. Federal Trade Commission (FTC), has settled charges it filed last year against four promoters of crypto-denominated multi-level marketing schemes. Following a federal trial in a Florida court, the operators of the fraudulent investment schemes are ordered to pay restitution and have been barred from operating or participating in other such MLM schemes, according to...Read More
