Bitcoin’s recent price performance has provided little inspiration lately. An ongoing range-bound bounce between the high $9k and mid-$10k price levels has not given any clear direction of future movements. Some analysts expect a breakdown to a new lower low while others remain bullish. Bitcoin Order Book Looks Bullish From its Monday high which touched...Read More
Craig Wright, the man who claims to be the original creator of Bitcoin, is using an unfavorable court ruling to play mind games with bitcoin investors.The Australian computer scientist has to pay $5 billion in bitcoins to Ira Kleiman who earlier accused Wright of stealing the cryptocurrencies from his deceased brother, Dave Kleiman. Judge Bruce...Read More
The CEO of Binance revealed earlier today that the popular crypto exchange will be launching futures trading in September. According to an AMA (Ask Me Anything) session on Twitter, CZ followed up on last month’s announcement that Binance was planning to launch futures trading. “Binance is planning to offer futures contracts on the exchange. Binance...Read More
french cybercops have neutralized nearly a million computers infected by a crypto-mining mega botnet dubbed ‘Retadup’.| Source: Shutterstock The Retadup malware which had been deployed on hundreds of thousands of computers around the world to secretly mine the Monero cryptocurrency and commit other illegal acts may finally be over. According to the BBC, the backend...Read More
Litecoin is looking to slump even further. The world’s fifth largest cryptocurrency has been in a slump since its halving earlier this month, dropping below resistance after resistance and breaching the $75 mark. Now, the coin is on the precipice of a slump below $70 for the first time in 4 months. The larger market...Read More
Photo: Peloton / Twitter Indoor fitness startup Peloton that specialized in making inter-connected treadmills and stationary bikes plans to file for an IPO after generating $900 million in revenue in the last fiscal year ending June 30. In its recently released documents and the submission of the S-1 statement to the U.S. Securities and Exchange...Read More
The self-declared inventor of Bitcoin Craig Wright has been ordered by a Florida judge to transfer to the estate of his late business partner, Dave Kleiman, $5 billion worth of his Bitcoin holdings. Judge Bruce E. Reinhart has stated that he does not believe Wright was being truthful in his court testimony and may have...Read More
Tether, Inc. has moved coins to the Ethereum network. The Ethereum network clogged. The USDT smart contract is presently taking up 31.55% of all Ethereum gas. EthGasStation team concluded reason as More Gold Token, an airdrop that took over the network in the past two months was a potential scam. MGC is an unknown and...Read More
Unsuccessful serial-forger and law-court regular, Craig Wright, just won’t give up the ghost of being Satoshi Nakamoto. Ordered by a judge to hand over half of his bitcoin holdings and intellectual property to the estate of Dave Kleiman, he concurred that he now “has no choice” but to do this. However, he was quick to warn of...Read More
For both those involved in Bitcoin and traditional markets, all eyes have been on the Federal Reserve over the past few months.Related Reading: Bakkt Physically Settled Bitcoin Futures Product to Launch in SeptemberMany analysts claim that whatever the American monetary authority decides to do with monetary policy will dictate the direction for global markets, and,...Read More
A 12-year-old, future unschooling advocate at an Occupy Wall Street protest learns about Bitcoin while running from the cops. He invests. Later, the independent Erik Finman will become the supposed “world’s youngest bitcoin millionaire” at age 18. That’s not where the story ends, though. The high school dropout has since gone on to launch education...Read More
Snap Verdict We have still to test the Canon EOS M6 Mark II fully, but after shooting with it in the gloomy confines of a go-karting track, I’m very impressed by what it can do. The AF system copes incredibly well with low light and it’s fast enough to use with speeding subjects. It also...Read More
China is reportedly set to launch its state crypto on the country’s biggest shopping day. | Source: Shutterstock Facebook’s fears that the bottlenecks tech firms in the free world face in developing cryptocurrencies risks opening the door for more closed societies to take the lead have been confirmed. According to Forbes, China has already developed...Read More
AUGUST 28, 2019 – The HYPE Project (https://hypetoken.io) has announced the end of its initial distribution phase and has officially began its social tokenomics experiment built on the Ethereum blockchain. This free-for-all experiment, created to test the crowd’s ability to collectively control and manage a token’s supply, allows users to vote for the token’s inflation...Read More
Cryptix AG is a Blockchain service provider. It has completed the acquisition of Blocktrade, a Liechtenstein digital asset platform on Tuesday, 27 August 2019. After the acquisition, the team of Cryptix AG will remain with Blocktrade for future development. The acquisition won’t affect customers says the announcement. Luka Gubo, CEO of Blocktrade says “The additional...Read More
Telegram completed a $1 billion ICO in the crypto sector and now it is ready to launch its Gram tokens by October. The popular messaging app started its ICO last year and successfully raised $1.7 billion in the span of a few months. The success of their ICO has been compared with that of companies...Read More
Views Bitcoin’s interaction with the 100-period moving average on the daily and weekly charts have provided strong regions of support in the past and may do so again. Exhaustion caused by low levels of total daily volume and market activity raises doubts about the direction for the mid-term. Should the bulls lose the on-going stalemate...Read More
The cryptocurrency ecosystem has been critiqued by traditional markets for being unregulated and a place for crooks, criminals, and grifters to fleece noobs who know very little about what happens behind the scenes. It has been the center of speculation for many, while for others, it has been a place to get rich quick. Today,...Read More
With political and economic tensions escalating, investments in safe haven assets such as gold are on the rise. The commodity has often been compared to Bitcoin, but a recent outbreak of fake bars clearly illustrates the glaring differences in the two asset classes.Gold Prices Hit 2019 HighThe sentiment driving gold prices this year is showing...Read More
The upcoming CME futures expiration set for Friday is expected to have a significant effect on the next bitcoin price action as the biggest cryptocurrency threatens to plunge below the $10,000 mark. In the past nine weeks, the Bitcoin price rally has stalled. Analysts believe that the crypto may suffer a severe pullback if the...Read More
Living longer is a goal humanity has been striving for for many millennia and recent advancements in science have shown that there is an easy way to live a longer life. Simply having a goal at all in life and having a sense of purpose, people had a 15% lower risk of an early death...Read More
Investors could be turning away from Ethereum (ETH). Uncertainty surrounding the timing of a move to a Proof of Stake mechanism, and fears of a price crash, have led to a significant decline in market sentiment. Hunter S. Thompson once famously observed that “There is nothing in the world more helpless and irresponsible and depraved...Read More
The bullion market is slowly but steadily flooded with ‘dirty gold bars,’ according to a recent Reuters report. It’s interesting to know what Peter Shiff and other gold supporters would say about this. Is the precious metal better than Bitcoin in terms of money laundering? Gold Market Flooded with Fake Bars Many Bitcoin skeptics have...Read More
US-China Trade war is affecting Global Stock Market adversely. Last Friday, stocks had tumbled as China said to levy a 5 to 10% tariff on US goods. The recent update is that Asian Stock prices had a mixed outcome on Wednesday, August 28. Hong Kong’s Hang Seng Index (HSI) swayed back and forth between small...Read More
The likelihood of bitcoin price hitting a fresh all-time-high near $20,000 in 2019 is diminishing. | Source: Shutterstock The likelihood of the bitcoin price surpassing its all-time high of $20,000 by the end of the year is a mere six percent. That’s according to data from Skew which tracks the BTC options market. Bitcoin has...Read More
China is inching closer to unveiling its first government-backed cryptocurrency, as the US administration continues to impose more economic sanctions on Chinese exporters. Despite a blanket ban on cryptocurrencies and related businesses, China, the world largest economy, is now reportedly getting ready to launch its government-backed stablecoin. The currency will be issued to seven institutions, according...Read More
In recent news, Raisin, a fintech startup which offers a marketplace for savings and investment products, has acquired Fairr, which is a German startup aiming to disrupt the pensions industry. Raisin, a fintech startup which mainly offers a pan-European marketplace for savings and investments has just acquired a rival company Fairr to foray into the...Read More
Ripple has substantially reduced XRP sales. While Ripple had claimed to have remained transparent about the actual figures of XRP sales in its recent market report, the blockchain firm was at the receiving end of allegations which claimed that it provided manipulated figures. One of the front-runners of the industry, Ripple, has drawn passionate and...Read More
According to Forbes, China’s central bank is ready to introduce their own cryptocurrency “China Coin” by November. As per the reports, The People’s Bank of China (PBOC) has been exploring the possibility to launch its own digital currency since 5 years to cut the costs of circulating traditional paper money and enhance the policymaker’s control...Read More
