5. Potentially, but there are hurdles that stand in the way. Earlier this year, Facebook unveiled plans for Libra — a stablecoin that would be pegged to a basket of assets — including major fiat currencies such as the U.S. dollar, yen, euro and pound. The social network has the vision of enabling its billions of users...Read More
The crypto markets are continuing to trade sideways, but the outlook appears to be gradually improving. Bitcoin gained more than 2% over the weekend, while altcoins show a diverse landscape of gains and losses. Cryptocurrency market dynamics since August 30. Source: Coin360 Bitcoin’s rise has largely coincided with a story by the Wall Street Journal,...Read More
Bitcoin has been trending below $10,000 for quite a while now and most of Twitter is stressing that this will be the last time anyone will be able to buy Bitcoin at these levels. Be that as it may, Bitcoin touched $9,400 more than four times in the last 2 months or so. At press...Read More
Concerns over transparency and reserves are lingering over stablecoins, with big players facing regulatory pushback as they try to launch their own currencies #CT_sponsoredRead More
Bitcoin (BTC) trading below or above $10,000 USD is becoming much of a benchmark for bearish and bullish traders respectively. However, zooming out the charts, a very bullish sign appears on the monthly candles. Since the start of August, the price of Bitcoin has oscillated around the psychological barrier and is currently trading at $9777...Read More
Facebook has finally gotten a partner app for Instagram dubbed ‘Threads’. This may be the app that will be the Snapchat killer. The question though is which direction is Facebook going in? Facebook (FB) is said to be developing a new application which is meant to be attached to Instagram. The new application called ‘Threads’...Read More
Binance has announced crypto futures platforms to be tested by users for a period of 5 days. Binance plans to give out over $200,000 to participants and will deploy the winning platform upon completion of the competition. Easily the largest cryptocurrency exchange platform worldwide, Binance has now announced the launch of two test platforms in...Read More
With all the speculators projecting Bitcoin as a messiah against the mounting global market risks, it’s rival Ethereum is feeling neglected horribly.The second-largest blockchain project by market capitalization is up 31.77 percent on a year-to-date basis but appears dwarfed before Bitcoin, whose valuation within the same period has surged by more than 160 percent.Analysts believe...Read More
Popular crypto exchange Binance has established two test platforms for its upcoming crypto futures contracts. The platforms provisionally named Futures A and Futures B, are now up and running and users can play with using dummy assets or enter competitions, which were designed encourage more people to get involved with the products. According to Binance’s...Read More
Few updates on Bitcoin includes: Miniscript launch, Bitcoin Core version 0.18.1 released, hash rate over 84,000,000 TH/s and BTC is made tax free in Portugal. Ripple Net, with the help of Xendpay, is opening new frontiers to enable migrant workers, students, and small businesses to transfer money across borders. Current Statistics of BTC – XRP...Read More
XRP’s price has witnessed substantial volatility; over the past two weeks, XRP’s price slumped on various occasions but the valuation managed to exhibit a minor hike. 1-hour chart Source: Trading View In the 1-hour chart, it can be observed that the coin’s movement adhered to a falling wedge pattern before a bearish breakout unfolded. Generally,...Read More
RippleNet sees the 8th largest U.S. bank sign up for cross-border payments, Bitcoin.com launches its own exchange today. It was a flat week in the cryptocurrency market with Bitcoin trading in a range of 5%. Despite a third weekly drop and a dip below $10,000, the market saw support at a weekly resistance level around...Read More
Turkey’s biggest bitcoin exchange is now the official shirt sponsor of Yeni Malatyaspor, a club playing in the country’s first division. | Source: Yeni Malatyaspor By CCN Markets: Bitcoin and other blockchain networks continue to make headwinds in the sporting arena thanks to the latest partnership between Bitcoin exchange BtcTurk and first-division football club Yeni...Read More
Bitcoin posted modest gains in its September debut as the US introduced additional tariffs of 15 percent on $112 billion of Chinese goods.Bitcoin trending higher gradually | Image Credits: TradingView.comThe benchmark cryptocurrency added 0.20 percent to trade at $9,800 in early Monday morning, bringing its local net rebound up by as much as 5.8 percent –...Read More
After a month-long wait, Roger Ver’s Bitcoin.com new crypto exchange has finally gone live today. The new trading platform is offering several promotions in the next three months in order to attract new customers. One of such promotions is a “negative” 0.3 percent trading fee, which means that you will get money for making trades...Read More
Cryptocurrency exchange Binance is planning to pay users to decide how its new Bitcoin futures trading platform should operate. Binance: Two Platforms, 100,000 BNB In a blog post issued on September 2, the exchange said it had created two standalone versions of a futures trading platform, and would select the final option via a user...Read More
The We Company is looking to raise billions of dollars in its upcoming IPO. However, many potential investors are worried that there’s too much going on there that isn’t explanatory. Should you invest in WeWork? Founded in 2010, WeWork is a company in the business of creating fully set up workspaces for several interested entities...Read More
The one-hour and daily time frames suggest a bullish reversal may be about to occur Multiple time frames show sizeable amounts of positive MACD price divergence Cosmos has started the new trading week in a positive fashion, after suffering its largest-ever monthly decline since its inception. The ATOM / USD pair is currently gaining over...Read More
Facebook’s Libra continues to face resistance from institutions across the globe. Yves Mersch, ECB Board Member, was the new entrant to join the list of Libra’s critics. Yves Mersch, who is a former Governor of Luxembourg Central Bank, believed that the proposed virtual asset’s launch could weaken European Bank’s ability to introduce monetary policies and...Read More
Despite the drawdown in the price of Bitcoin (BTC) — which some analysts say would result in a change of tides for altcoins — BTC dominance continues to tick higher. As of the time of writing this, the key market metric is approaching 70% for the first time in years, implying that once again, almost...Read More
Max Keiser bets on Bitcoin’s sharply rising hashrate and the Game Theory to back his predictions. He says hashrate, and not the Bitcoin price, is the true indicator of the crypto’s inherent strength. The last month of August 2019 ended almost on a flat note for Bitcoin as the cryptocurrency consolidated around $10,000 levels. In...Read More
As iPhone unit sales have slowed, Apple was partially relying on higher prices to make up the difference. Consumers are now less tolerant of the premium prices phone makers want for their newest devices. Every day we are witnessing more and more doubts surrounding upcoming Apple’s new iPhone models. On September 10, Apple is should...Read More
One of Thailand’s major crypto exchanges, BX.in.th, revealed today that it will be closing its services permanently in September. According to an announcement published today, the BX crypto exchange will be stopping all of its digital asset trading services by the end of the month. The company behind the exchange, Bitcoin Co. Ltd, gave no...Read More
Filipino boxing icon Manny Pacquiao performs during a free concert to coincide with the launching of his own cryptocurrency “Pac Token” at a sports centre in Manila. | Source: Photo by MARIA TAN / AFP By CCN Markets: Philippine boxer Manny Pacquiao has unveiled his own self-branded cryptocurrency known as ‘Pac’, Reuters reports. The Pac...Read More
You can’t really discuss the topic of cryptocurrency mining without getting into issues surrounding the concept of centralization. One of the greatest aspirations of cryptocurrency communities is to decentralize the monetary system and create “trustless” transactions. While Bitcoin made a lot of headway towards a trustless currency, there are still concerns. The concentration of power...Read More
Yves Mersch, European Central Bank’s key legal official, said that Facebook’s Libra stablecoin is “beguiling but treacherous” during a speech at the ECB’s legal conference in Frankfurt on Monday. Bloomberg reported on Mersch’s remarks in an article published on Sept. 2. Per the report, he said that private currencies have little or no prospect of...Read More
Recently, Huawei announced that their new flagship phone line – Mate 30, will be launched on September 19, in Munich, Germany. The tagline for this launch event is “Rethink Possibilities”. Huawei just recently announced its new flagship phone line – Mate 30. The company tweeted a short loop animation along with a description on their...Read More
Venture capital stalwart Andreessen Horowitz has been upping the ante in the crypto combat with US regulators. The firm aims to temper Washington’s somewhat harsh stance on the digital asset industry that could be holding the US back.Andreessen Horowitz Battles For CryptoThe primary aim from the investment firm is to advance its latest bet on...Read More
