Two years ago, on September 4, 2017, the People’s Bank of China (PBOC) shut down local cryptocurrency exchanges over concerns that unregulated assets like bitcoin allow residents to bypass strict capital controls. Not-So-Happy Anniversary Despite the formal ban, Chinese traders have continued to explore methods to trade bitcoin and similar cryptocurrencies, often by using...Read More
August 2019, Willemstad, Curacao – Thanks to the key characteristics of blockchain technology, namely transparency and immutability, top bitcoin casino MintDice has been able to tap into a new level of trust between gamers and virtual casinos. MintDice utilizes a provably fair betting algorithm, allowing all players to review their bets, and confirm that they weren’t being...Read More
Bitcoin (BTC) has incurred increased volatility as of late, which was first sparked when it briefly touched $9,400 before surging to highs of $10,800, which is the price at which it faced some levels of resistance.Analysts are now noting that BTC is still trading within a long-established wide trading range, and that its mid-term trend...Read More
LEOcoin Price Analysis (LEO/USD) LEOcoin has drastically dropped from where it closed yesterday at $1.1419 and is now changing hands at $1.1250. The downside pressure seemed to have gained support from the moving averages that are now suggesting a bearish sign. This is since the long-term SMA (A) has been gravitating above the short-term SMA...Read More
Crypto startups Coinbase and Ripple have dropped from top-10 positions to No. 28 and No. 29, respectively, on LinkedIn’s 2019 top 50 startups list. | Source: Shutterstock; Edited by CCN Despite being a relatively new sector, the blockchain and cryptocurrency space can this year boast of having two crypto startups, Coinbase and Ripple, in the...Read More
We really didn’t know what to expect going into this. Panasonic hasn’t even made an APS-C body before, never mind a full-frame flagship mirrorless camera. Though, it seems they realized the S1 series needed to make a splash if its release was going to trail behind Canon and Nikon’s first foray into professional-grade mirrorless cameras,...Read More
Taxes are never popular, but in the U.S., paying for crypto gains is like solving a Rubik’s Cube without touching it. While blindfolded. You might have correctly filed your obligations, but there’s no knowing until the tax authority explains exactly what those obligations are. Leaving aside the fact that the government is seeking revenue on...Read More
BitMEX accuses Binance of plagiarism, but it’s not long before the two bitcoin exchange giants kiss and make up on Crypto Twitter. | Source: Reuters (i), Distributed/YouTube (ii). Image Edited by CCN. Binance and BitMEX shared a social media bro hug after the latter publicly accused its fellow cryptocurrency exchange of plagiarizing documentation featured in...Read More
Let’s kick off a slow Wednesday with technical analysis for the three big Bs: BTC, BCH and BNB. Even though crypto markets may look like they are snoozing, the indicators are very much alive. Bitcoin Price Analysis (BTC/USD) BTC/USD has corrected gains to trade above resistance level $10501.68. An attempt to break above $10718.57 (R)...Read More
Tokyo-based crypto exchange platform Coincheck has halted all new margin trading orders until the end of October 2019. Cryptocurrency Margin Trading Capped at 4X In a statement issued on its website at the end of August 2019, the Japanese crypto trading platform announced the suspension of new margin trading orders. Also, the exchange said upon...Read More
LA Blockchain Week, which will take place from October 13-18 across various locations in Los Angeles, could not have chosen better timing after what some are considering blockchain’s biggest summer to-date. Blockchain’s mainstream promulgation is apparent, from Facebook coming on board with Libra to two SEC green-lights for Reg A+ token projects, and a front-stage...Read More
Bitcoin’s recent surge into the $10,000 region has closely coincided with a surge in the cryptocurrency’s dominance over the aggregated crypto market, which hit a fresh two-year peak this week. This surge in dominance has primarily been driven by lackluster price action amongst most major altcoins.Importantly, analysts are now noting that altcoins may be close...Read More
NullTX is proud to announce a media partnership with Crypto Invest Summit (CIS) which will be part of the upcoming LA Blockchain Week. Set to take place on October 14th-16th in Los Angeles, CA the event is a great opportunity for investors and entrepreneurs to learn, network and have fun! Led by Goren Holm Ventures,...Read More
ADA Price Analysis – September 4 Cardano (ADA) slips today as the price drops to $0.045. In the coming days, ADA may likely create a new low or recover from slippery. ADA/USD Market Key Levels:Resistance levels: $0.053, $0.058, $0.063Support levels: $0.038, $0.033, $0.028 ADAUSD – Daily Chart As the new month begins, Cardano has been...Read More
In a recent interview with Ian Jacobs of W3C, Stefan Thomas, CEO of Coil, discussed the evolution of the payments industry over the years and laid out his views about the Interledger Protocol [ILP]. During the interview, Jacobs queried Thomas about the circumstances that led to the application of open source in payments. The CEO...Read More
Bitcoin’s the best bet for a cryptocurrency, says Twitter CEO Jack Dorsey. | Source: Photo by Prakash SINGH / AFP As Facebook’s Mark Zuckerberg faces a firestorm of criticism for his Libra project, another prominent social media billionaire is staying on the side-lines. Jack Dorsey made it very clear in an interview with the Sydney...Read More
If there’s a Zombie Attack, John McAfee’s got your back. A few hours ago, the well-known cybersecurity and crypto influencer published a partial white paper for Zombie Coin, a project that claims to be investigating the nature of Zombies and their interactions with human beings. If you have any doubt about the project despite being...Read More
Yesterday, an expert witness testified before a US Senate subcommittee on the link between cryptocurrency and human trafficking. He presented a series of recommendations to disrupt this abhorrent industry. One of which proposes for cryptocurrency miners to comply with legacy anti-money laundering legislation. Which, if implemented, would stifle blockchain payments.Cryptocurrency Is A Channel That Enables...Read More
Though other cryptocurrencies will likely go through periodic pumps, bitcoin is the only crypto with real and lasting value, according to Peter Brandt. | Source: Shutterstock Are you holding cryptocurrencies other than bitcoin? If so, you might want to overhaul your portfolio. That’s because an expert in classical charting principles warns that buying altcoins is...Read More
Los Angeles, CA 09/04/2019 – Innovesta, a platform for optimizing investment decisions using objective, validated and trusted data has raised a total of $2.7M after the latest funding round led by top investors from both Israel and the USA. Launched in 2017, the women-led company began after initial funding of a $500,000 grant from the...Read More
The crypto community spotted some massive funds movement from OKEx and got scared that the cryptocurrency exchange was hacked. However, CEO Jay Hao called for calm. Hundreds of Millions in BTC Move From OKEx On Wednesday, Twitter user Whale Alert sounded the alarm, saying that at least 24,000 BTC moved from OKEx to unknown wallets....Read More
Bitmain, the world’s largest maker of bitcoin mining equipment, has been named the third hottest startup to work for in China. | Source: Shutterstock China has held the crown for being the home of some of the largest makers of bitcoin mining equipment for years now. According to LinkedIn, one of these bitcoin mining rigs...Read More
The cryptocurrency market reined in its excitement today, with a noticeable correction from yesterday’s market-wide rally. Bitcoin lost 200 points but is continuing to maintain its strong market dominance at 70.50%. Altcoins are suffering, with notable losers including BNB(-4%), LINK(-4.84%) and ATOM(-6.66%), while the rest of the top-50 show losses between one and three percent....Read More
The Dow Jones rallied on Wednesday amid global risk-on trading as tensions eased and the trade balance showed Donald Trump’s China tactics may be working. | Source: REUTERS / Carlo Allegri Wednesday brought a welcome relief rally for the Dow Jones, which surged more than 200 points as risk assets rallied around the globe. Tensions...Read More
The US-China trade war could become dire at any point and the two largest economies might weaponize their national currencies through devaluation. But does this inspire any confidence in the US dollar, and is it time to think about a digital world reserve currency? Every Past Global Currency Had an End If we look back...Read More
San Francisco-based crypto behemoth Ripple has made it to LinkedIn’s top start-ups list for the second year in a row. It was placed among 50 other companies from a bevy of industries such as data storage, fintech, and cannabis. We’re honored to be named one of the #LinkedInTopStartups (again!) Interested in joining our award-winning team?...Read More
Many tech companies jealously guard their inventions, but there are few secrets in the blockchain space. Vitalik Buterin says it is “fine” for Polkadot (DOT) or other rival blockchains to borrow from Ethereum’s technical implementations and code. The Ethereum co-founder said that an open developer space will allow ETH developers to benefit from Polkadot, as...Read More
The cryptocurrency ecosystem isn’t averse to cases of serious financial crimes, including hacks which have often plagued cryptocurrency exchanges around the world. One of the largest hacks in the crypto-ecosystem was recorded by Mt.Gox exchange back in 2014, with the exchange losing over $450 million worth of digital assets. However, the Mt. Gox episode was...Read More
