August 29, 2019

Bitcoin Eyes $9K Price Support After Drop to One-Month Lows

View Bitcoin risks falling to $9,000 in the next 24 hours, having dived out of a narrowing price range on Wednesday. A violation there would expose the next support lined up at $8,500. The breakdown looks legitimate as it is backed by a surge in selling volumes. The daily chart indicators are also reporting bearish...
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Crypto Winter Returning to Altcoins as Double Digit Declines Decimate Markets

In a pattern that has been rinsed and repeated countless times this year, crypto markets are crumbling as Bitcoin failed to hold support. The altcoins are still hopelessly tied to their big brother so any pain for it is magnified for them.Over $20 Billion Exits Crypto SpaceOver the past 24 hours crypto markets have shrunk...
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China’s State-Backed Cryptocurrency: ‘Gaining Momentum’ Or ‘Inaccurate Speculation’?

China’s Government and Central Bank just can’t seem to align on the proposed central bank digital currency (CBDC). On Tuesday, government-supported tabloid, Global Times, reported that the Central Bank called speculation on an upcoming launch ‘inaccurate speculation’. Then yesterday, it published an article suggesting that plans are gaining momentum, with a pilot-scheme in Shenzhen imminent....
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Litecoin on the verge of being chucked out the BARR for breaking the Cup by the Handle

Litecoin has dropped below $70 for the first time in four months. Early this month, the fifth-largest cryptocurrency in market experienced its halving, dropping the block rewards from 25 LTC per block to 12.5 LTC per block. However, the price fall began well before the halving, a trend which flies in the face of conventional...
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Brad Garlinghouse Explains the Massive XRP Sales

Photo: Christopher Michel / Flickr The XRP crypto has encountered a lot of bearish volatility lately. The token closely linked to the Ripple FinTech Company has made many analysts think that its bearish trend has resulted from Ripple selling a large number of tokens onto the markets every quarter. The third biggest crypto, XRP, registered...
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Bitcoin Dev Reveals Multisig UI Teaser for Hardware Wallets, Full Nodes

A Bitcoin educator has unveiled an alpha user interface for Bitcoin hardware wallet and full node multisignature protection
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R3 Partners With Dubai’s Wethaq to Develop Blockchain Platform for Islamic Markets

By leveraging R3 Corda’s blockchain solutions, the Wethaq platform aims to improve the market infrastructure used for issuing and trading the Sukuk securities. Enterprise software company R3 has entered into a strategic partnership with Dubai-based fintech firm Wethaq to develop a blockchain-based framework for Islamic capital markets. According to the press release on Wednesday, August...
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UK Resident? Find Out if You Owe Tax on Crypto

A number of questions were submitted during the Q&A which have been collated and answered below. The full record of the webinar can be found here. Question: What if your broker does not supply the information in GBP? Answer: Your broker will supply information in a fiat currency. If it does not supply information in...
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Best Crypto Exchanges for South Korean Users

South Korea is home to a great number of reputable cryptocurrency exchanges. In spite of the current impediments generated by the government and banks, Korea is still one of the countries that have a developed cryptocurrency exchange market. In today’s article, we will be looking at some of the best crypto exchanges for South Korean...
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Cardano {ADA} Ambassador Stories Weekly Update #9; Foundation fishing for Spanish Community Managers

ADA is ranked at #12, ahead of Cardano but underneath Monero in the market. The altcoin has been hampered due to bearish velocity catching on, which has caused the price to plunge by 11.05%. The trading volume recorded in the course of the past 24-hours is $69.561 million. The supply has 25,927,070,538 ADA coins in play. while...
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Crypto Wallets Can Be a Perfect Solution to Secure Your Property During the Financial Crisis

When the financial crisis hits, is filling the crypto wallets safer than hoarding the gold, papers, or cans? Hopefully, recognizing the cause of the crisis will point to the safe ground. Nowadays, the US and China trade war can trigger the crisis due to its enormous impact on worldwide production costs. Furthermore, Coca Cola raising the...
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CXC Public Chain Anonymous Social Interaction-Free Personality Regained

In March of 18th, Facebook, the world’s largest social network, was revealed to have leaked the data of 87 million users. About 5.6 million users said they were affected. The well-known instant messaging software Line has also publicly stated that the company’s software has potential security risks that may lead to personal information disclosure. This...
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PNC Bank And RippleNet To Provide Cross-Border Payments

PNC Treasury Management, the United States’ eighth-largest bank, is now offering RippleNet-based cross-border payment solutions to its commercial clients. RippleNet blockchain provides a frictionless experience to send money globally within a secured infrastructure. However, PNC claims that this will help traders to receive payments from overseas buyers instantly. Also, it will transform the way they manage...
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BitMax.io (BTMX.io) Announced Strategic Partnership with Infinito (INFT)

BitMax.io (BTMX.io) has announced a strategic partnership with Infinito, a leading provider of in blockchain-based products, solutions, and services and the listing of the Infinito (INFT) token on the platform. Infinito was founded to solve various challenges preventing mass blockchain adoption. Some of the problems Infinito addresses are the inaccessibility of people to crypto currencies...
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Bitcoin Plunges $1,000 in a Few Hours as Crypto Markets Quake

Following days of consolidation Bitcoin has reached the end of its pennant formation. The big move that many analysts had expected came a few hours ago, and it was followed by a second slide resulting in a drop towards critical support levels.Bitcoin Dumps $1,000 AgainFor most of this week, analysts have been largely undecided on...
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Bitcoin Approaches Critical Support Level After 9% Slide

As predicted, a big movement came for bitcoin following a week of consolidation. Analysts have been mixed all week but those that leaned towards bearish were right as the king of crypto plunged back into four figures a few hours ago. Bitcoin Nearing New Low A huge red candle resulted in a dump of over...
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Fintech Service Rapyd Collaborates With HongKong’s TNG Group

On 29 August 2019 Rapyd a global Fintech services platform announced the partnership with TNG FinTech Group. Following the collaboration, Rapyd can now add TNG Wallet to its list of 500 payment methods and more than 10 GEA, an electronic payment platform. Rapyd’s global customers can accept payments from the global e-wallet users even if...
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Tether (USDT) Clogging Ethereum’s Network Leaving No Space For DApps

The Ethereum network is close to reaching its maximum utilization. It appears, however, that one of the most heavily transacted tokens on the network is the most popular stable coin Tether (USDT). As such, the network is facing a serious issue as it may not provide enough room for developers of DApps, which is its...
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Interview: Freewallet’s Solomon Brown Explains What Makes Them so Special

The number of cryptocurrencies that have entered the market since the days of Bitcoin is now probably at an all-time high. As more and more cryptos gain a foothold in the market, and the number of users continues to rise, the need for wallets to store and manage them has also increased. In this scenario,...
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PR: Bitcoin.com Partners with Resistance – the Next Gen DEX

August 29th, 2019 – Last week, the Resistance team met with Bitcoin.com CEO Stefan Rust, and other members of the Bitcoin.com organization, to discuss the terms of a partnership. The meeting was a great success and a strategic partnership agreement was drawn up and signed the same day. The exact details of the agreement are...
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Social Media dApp iZbreaker to Launch on Ethereum Classic Blockchain

Contents A new gifting mechanism Overcoming hurdles for transnational payments BitTorrent has spread the word about the upcoming launch of internal trials for its new p2p streaming platform dubbed BitTorrent Live (BLive). The app will let users make live streams and share them. The company has introduced a mechanism for giving rewards – in BTT...
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Is there a sharp drop coming? Ripple whales carried millions of XRP

The crypto-currency whales have been quiet for a long time, but now they’re in motion. Ripple whales make huge transfers and carry a million arc of XRP. Large XRP transfers from Ripple whalesAccording to whale monitor Whale Alert, Ripple whales moved a total of $4.8 million worth of 17,908,786 XRP from Ripple wallets to an...
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Access to Hedera Hashgraph mainnet planned for Sep 16th

Hedera Hashgraph, an enterprise-grade public distributed ledger platform, today announced that Open Access (OA) to its mainnet beta will occur on Monday, September 16th, 2019, allowing any developer from the general public to create an account and build decentralized applications (dApps) on the Hedera Hashgraph platform. OA also marks the beginning of Hedera’s strategic 15-year...
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PNC bank goes live with RippleNet; becomes first-ever American bank to use its services

PNC Financial Services Group, Inc. has gone live with RippleNet on August 29, becoming the first-ever American bank to process cross-border payments, reported FintechFutures. The bank inked the deal with RippleNet in September 2018 and announced that its Treasury Management Unit would be using Ripple’s current software solution to carry out cross-border transactions. According to...
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$8,000: Trader Warns of Bitcoin Price Crash as Crypto Bloodbath Continues

Bitcoin and the wider crypto market are taking an absolute beating on Thursday. | Source: Shutterstock Following an abrupt drop from $10,277 to $9,700 in the bitcoin price on August 28, the dominant crypto asset has continued to demonstrate weakness in its short term trend. The bitcoin price has dropped by more than $1,000 in...
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Coinbase Report: Students Interest in Crypto and Blockchain Is Increasing

According to a report published by U.S.-based cryptocurrency exchange Coinbase on August 28, 2019, students are becoming more and more interested in digital currencies and the number of courses offered in University on blockchain technology and bitcoin (BTC) is increasing. Crypto Education In August 2018, Coinbase, the most popular crypto exchange, did a study on...
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Bitcoin Fees Today Over 88% Less Than December 2017

Bitcoin Fees in December 2017 were almost always above $10, sometimes reaching nearly $30. Today we are nearly at the same price and fees have dropped considerably; less than a dollar in most cases. But has Bitcoin actually scaled, or is it just a case of fewer transactions happening on the network? Fees are only...
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Hedera Hashgraph Blockchain to Launch, Release Coins Starting Sept. 16

Hedera Hashgraph, a blockchain-like public network for enterprises, is adding a U.S. financial giant to its governing council. Hedera announced Thursday that FIS Global will become the ninth addition to its 39-member council. Hedera also announced that it intends to launch its mainnet in beta on Sept. 16. The company claims its distributed ledger technology...
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Elon Musk: Making Life Multi-planetary is Possible With 1% of the earth’s GDP

The World Artificial Intelligence Conference kicked off in Shanghai Thursday with a much-anticipated keynote summit between Alibaba founder Jack Ma, and Tesla CEO Elon Musk debating the future of AI. At the 2019 World Artificial Intelligence Conference in Shanghai, visitors could attend an immerse debate between Tesla and SpaceX CEO Elon Musk and Alibaba founder...
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Ninja Rage Quits Fortnite Over Mech Troubles, Jumps To Minecraft

DETROIT, MI – SEPTEMBER 10: Professional Twitch streamer Tyler “Ninja” Blevins has had enough of Fortnite, for now. . | Source Rey Del Rio/Getty Images/AFP By CCN Markets: Popular streamer Tyler ‘Ninja’ Blevins has finally given up on Fortnite, or at least, temporarily. Yesterday, as a match of Fortnite came to an abrupt end due...
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Bitcoin (BTC) $ 98,175.30 5.43%
Ethereum (ETH) $ 3,494.95 6.69%
Tether (USDT) $ 1.00 0.19%
XRP (XRP) $ 2.32 8.65%
BNB (BNB) $ 696.61 3.98%
Solana (SOL) $ 198.37 9.41%
Dogecoin (DOGE) $ 0.336882 10.80%
USDC (USDC) $ 1.00 0.21%
Cardano (ADA) $ 0.944553 9.35%
Lido Staked Ether (STETH) $ 3,492.55 6.67%