There are a lot of eyes on Telegram’s upcoming currency. Gram is designed to rival existing monetary solutions for internet users worldwide. What is of even more interest is the Telegram Open Network, or TON. This blockchain project needs to deliver on its initial promises. The cross-compatibility with Ethereum is certainly one of its major...Read More
After facing a significant amount of selling pressure that resulted from its recent drop below $10,000, Bitcoin’s bulls have stepped up and are now attempting to push BTC back into the five-figure price region.This upwards momentum has been bolstered by a massive BTC buy wall on Binance and a bullish fractal pattern that may suggest...Read More
A recent opinion article by Peter Lin, “Why Regulation Is The Best Thing For Crypto,” presents common arguments on why the state and state-affiliated institutions should administer cryptocurrency. Underlying the arguments is an assumption: the free market cannot provide necessary standards for crypto and the state must step into the void. Also read: Why the...Read More
Silver and gold are finally drawing some attention from market participants thanks to a stellar performance from precious metals in August. | Source: Shutterstock; Edited by CCN Silver and gold are finally drawing some attention from market participants thanks to a stellar performance from precious metals in August. After several years of sideways price action,...Read More
Earlier today, sharp-eyed observers noticed something strange happening on the BCH blockchain. More than half of Bitcoin Cash’s (BCH) hash power appears to be controlled by unknown miners, who are not part of any known pool. Although there’s no indication of anything sinister going on, that didn’t stop observers and doubters from questioning the security...Read More
Blockchain security and scalability are fundamental aspects of an asset’s decentralized network. Major digital currencies, including the likes of Bitcoin and Ethereum, received criticism largely because of their scalability issues. Bitcoin has a 2nd layer protocol or the lightning network to address their scalability concerns at the moment and Ethereum is moving toward Proof-of-Stake algorithm...Read More
The altcoin market has been bleeding out for what feels like forever now. The selloff has picked up in severity in recent weeks, but first started back at the start of 2018 when the crypto bear market first began, and Bitcoin price crashed, bringing down the rest of the market with it.But throughout much of...Read More
The prospect of institutional investors makes the crypto industry go all tingly inside. Deep order books and market liquidity mean many centralized exchanges have expanded their offerings to cater to the needs and requirements of professional investors – but TROY Trade, the ‘first’ prime broker in the industry, aims to leverage decentralized exchanges for the...Read More
Bitcoin price may be under $10,000 for days now, but bears have still yet to push the price per BTC to new local lows and breakthrough support in the mid to low $9,000 range.The post appeared first on NewsBTCRead More
The price of Litecoin was seen trading at $65.34 at 08:31 UTC on 2nd September 2019. Yesterday, the LTC price was initially seen trading at $65.17 at 04:25 UTC. Then, Litecoin price dropped by 1.54% by 17:46 UTC time when the trading price changed to $64.16. In no time, LTC coin saw an increase of...Read More
Crypto market commentator Josh Rager has accused Tron founder Justin Sun of buying 5-6,000 Twitter followers per day. In a tweet posted on Sept. 1, Rager claimed: “Looks like you’re still buying 5,000 to 6,000 followers per day. My favorite stat is how you went from losing net-negative followers per month to gaining 5k followers...Read More
Cardano was priced at $0.05967 on 1st Aug, and the movement of the ADA coin was downwards. Post 1st Aug, ADA price gradually started to decline, and there was a sharp fall on 9th Aug. Cardano managed to gain back its pace and reached $0.05591 on 11th Aug at 20:30 UTC. However, the coin was...Read More
Although the finance sector continues to find a common ground between the leading assets gold and Bitcoin, gold-backed cryptocurrencies are promising to bridge this divide. In this light, Crypto Research Report identified stablecoins as the latest competition for gold, and stated, “All of the gold-backed stablecoins on the market are centralized, which means they have...Read More
A combination of the industry’s best, Playbetr is a unique and favorable Ethereum and cryptocurrency casino and sportsbook. Ranked at the top alongside its competitors, this online gambling and gaming site provides a first-class user experience. Through consistently raving reviews and satisfied customers, this site has risen in the market with over 1,000 casino games...Read More
Ethereum is showing many bearish technical setups. The No. 2 crypto is likely to crash further before any signs of life will be seen. | Source: Shutterstock Ethereum’s recent price action is giving bears the courage to come out of hiding. After all, the No. 2 cryptocurrency is down by over 52 percent from the...Read More
Cryptocurrency exchange Binance has acquired China-based Jaxx spot and derivates platform Jaxx for an undisclosed amount. Binance Continues to Grow The Malta firm announced today that JEX is rebranding to Binance JEX, adding that the acquisition would grant them the rights to manage JEX tokens, the native cryptocurrency of the JEX platform. Excerpts: In a...Read More
Binance, the world’s leading cryptocurrency exchange, has acquired a cryptoasset derivatives trading platform JEX. Binance JEX, as the new venture will be called, will focus on delivering cryptocurrency derivatives, including futures contracts, options, and other derivatives. With this new acquisition and Binance’s latest developments, the exchange is starting to look a lot like a one-stop-shop...Read More
With interest in cryptocurrencies on the rise, many prospective investors are returning their attentions to Ripple Labs – the company best-known for strongly promoting the XRP cryptocurrency token and funding their bank-friendly technology with the billions of dollars it has reaped for them. Meanwhile, cat-owners and internet users are returning their attentions to another valuable...Read More
Crypto exchange platform operator Bitfinex just added two derivative products with the tickers BTCF0/USDt0 and ETHF0/USDt0. The derivatives went live after Bitfinex implemented a system upgrade. The “Perpetual Contracts” Come with Up to 100x Leverage Bitfinex’s so-called perpetual contracts have been in development since at least several months. According to a whitepaper published in May,...Read More
Venezuela’s government has accused Colombia of backing a violent anti-Maduro plot as the country with the world’s largest oil reserves hits record bitcoin trading volumes. | Source: REUTERS/Manaure Quintero/File Photo The number of Bolivars exchanged for Bitcoin in Venezuela has surged to yet another record high as economic and political woes of the Latin American...Read More
The Financial Integrity Network (FIN) — a Washington D.C.-based advisory firm — has urged the United States Congress to regulate firms in the cryptocurrency sector under the Bank Secrecy Act (BSA). Virtual asset service providers should be regulated under BSA In a copy of FIN testimony published ahead of a hearing on Sept. 3, FIN...Read More
The mastermind of an Indian crypto scam was alleged was tortured and murdered by his own accomplices when he tried to cheat them out of their share. The deceased named Abdul Shakoor, managed together with his team to swindle local residents from the state of Kerala in India out of Rs 450 crore ($62.5 million)...Read More
Ethereum struggled this past week, marking a decline of 8.7%, which brought its price down to $171.60. The cryptocurrency had been trading above a rising support line but had collapsed beneath it during the week, which caused it to fall to as low as $165. Ethereum has now lost a total of 22% over the...Read More
PayPal’s community page is full of grievances about how the payment giant is ripping its clients off with incorrect exchange rates. One of the users believes the US company is probably making $100,000 every day by selling one fiat currency for another at about 3-4 percent higher prices. Like always, PayPal has no explanation to...Read More
An Australian national living in Boulder, Colorado was slammed with a one year and a day prison sentence last month for trading bitcoins. An August 23 statement from the Colorado U.S. District Attorney’s Office states that Emilio Testa, 32, was charged with money laundering, and claims Testa knew the funds he was acquiring had been...Read More
Xbox is holding tattooing events across the world in the lead up to Gears 5’s release next week, and it all feels like a mistake in the making. | Source: (i) Christian Petersen / Getty Images / AFP (ii) Shutterstock; Edited by CCN There are marketing events to promote the launch of a game and...Read More
‘No news is good news’, or so they say. But the continued lack of communication from BitMEX, or its illustrious commander-in-chief, Arthur Hayes, may be cause for concern. Especially considering the things that we do know are happening with the company, and Hayes’ previous level of social media interaction. Have You Seen this Bitmex CEO?...Read More
The blockchain industry in South Korea is reportedly facing a difficult period reports local media platform The Block Post. While the struggles of cryptocurrency exchanges in the country isn’t exactly news, it appears that other crypto-businesses are also experiencing similar problems sparking fears of a slowdown in South Korea’s digital economy advancement. ICO Projects Going...Read More
The Bitcoin (BTC) price has rallied over the past few days and has again crossed the $10,000 threshold. Bitcoin 7-day chart. Source: Coin360 On Aug. 28, Bitcoin dropped $600 in the course of a half-hour, sinking below the $10,000 mark before slumping to a weekly low of $9,362 on Aug. 29. The price has slowly...Read More
