December 13, 2019

Lightning Network Wiki Page Faces Removal for Lack of Notability

A slew of Wikipedia editors would like to delete the Lightning Network (LN) Wiki page because the subject matter does not hold notability. Wikipedia editors use notability as a test to find out if a topic warrants its own article. The LN article debate on Wikipedia is still raging as a few editors believe the...
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US Court Dismisses $150M Lawsuit Against Cryptocurrency Derivatives Exchange

The U.S. court has reportedly dismissed the law case for $150 million against the popular cryptocurrency derivatives exchange, FTX. The initial reasoning behind the lawsuit was market manipulation and unlicensed securities sales, but the court has not found any solid grounds to continue with the lawsuit. Cryptocurrency Exchange FTX Exonerated Earlier this year, the cryptocurrency...
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Bitcoin Highly Unlikely To Nose Dive To $5k Right Now, Analyst

Crypto-trader and Blockroots co-founder, Josh Rager, believes it is highly unlikely we will see bitcoin price nosedive straight to $5k. Whilst he doesn’t rule out a drop to this level, in his opinion “there would be bounces in between.” Bitfinex Long Jump No Cause For Concern Rager was posting in response to a chart showing a massive...
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VeChain Price Analysis: Upcoming Resistance Test

VeChain has a bearish short-term and bullish medium-term trading outlook The four-hour time frame shows that an inverted head and shoulders pattern has formed The daily time frame continues to show a bullish triangle breakout underway.  VeChain is attempting to stage a recovery higher after reversing sharply from the 0.008 support level earlier this month....
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Ripple Price In Danger, Getting Close to December’s Low – XRP Price Analysis & Overview

XRP dropped back into the $0.215 support after failing to break above $0.2345 this week. The cryptocurrency remains above the 3000 SAT level but the bears are attempting to take control. XRP has been trapped within a range between $0.215 and $0.234 throughout the entire period of December. Key Support & Resistance Levels XRP/USD Support: ...
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Facebook’s Libra will accelerate thought among central banks: R3 CEO

David Rutter, CEO and Founder of R3, was recently interviewed on the sidelines of the 2019 FinTech Week in Hong Kong. The CEO of R3, a firm which he defined as “an enterprise software company that uses the power of distributed computing to solve business problems,” addressed a host of issues during the interview. These...
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Ripple and XRP Mentioned in Official US Bill Proposal

A proposed bill on remittance insurances mentions Ripple and XRP as the newest developments in payment channels. Increased cross-border remittances have alerted US regulators to the opportunities for tracking and securing funds. Potential Future Platform for Significant Remittances Ripple’s XRP was mentioned in relation to cross-border payment systems in the proposed bill text. The pending...
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Switzerland’s Federal Council states CBDCs may risk financial stability

The Swiss government has knocked the proposal of creating a central bank digital currency off the table in response to the Swiss Parliament requesting the government to look into the prospects of creating an e-franc in the future. According to a press release published on the Federal Council’s website on December 13, the council gave...
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Risk of Centralized Voting for MakerDAO, Tezos, and Decred Abounds

Tezos, MakerDAO, and Decred show signs of plutocracy, thanks to concentrated token supplies and on-chain governance. CoinMetrics surveyed three blockchains with on-chain governance and discovered that their coin supplies are highly centralized among a small number of coinholders. The survey, published on Dec. 10, examines Tezos, Maker, and Decred — three blockchains that make development decisions...
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BaseFEX Beginner’s Guide & Exchange Video Review

BaseFEX is a cryptocurrency derivative exchange founded in 2018 by a veteran group of traders. Similarly to other exchanges in the industry, it offers futures trading in the form of perpetual contracts. BaseFEX also allows margin trading – short and long – using high leverage and a promising variety of cryptocurrencies to choose from. BaseFEX...
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Stellar Lumens (XLM) Price Prediction and Analysis in December 2019

Today, we will be taking into account the historical prices, developments, and market opinions regarding Stellar Lumens, so that we can project an XLM price prediction for December 2019. Stellar Overview The Stellar concept was created in 2014 by Jed McCaleb, a former Ripple Labs employee and Mt. Gox co-founder. The blockchain platform is based...
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Crypto-confusion reigns across the world; not just in the U.S

From the lens of the mainstream financial world, the regulatory centre of the digital currency market is the US Securities and Exchange Commission [SEC]. Well, cryptocurrencies do not play to the same tune as the rest, especially in terms of control. While the SEC is an important part of the overall regulatory paradigm (And price...
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Binance Latamex creates a fiat gateway for customers in Latin America

Binance, one of the largest cryptocurrency exchanges in the world, announced the launch of its new fiat gateway for Latin America. According to the company’s blog post, the new subsidiary will be called Latamex and was launched in partnership with Settle Network, Latin America’s largest digital asset settlement network. Binance launches Latamex to serve Latin...
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Markets Remain Depressed as Tezos Surges to Top 10

The cryptocurrency market remains mixed in early Friday trade, while the number of BTC/USD long positions continued to surge. Bitfinex long futures surged to a fresh record high at 41,300 contracts, breaking past the previous all-time high set on March 2018.  Tezos is the best performer inside the top 20 — now breaking into the...
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C2C Fiat Accounts Will be Included in The Binance Calculations

The Malta-based exchange, Binance will now include asset balances and transactions in C2C fiat accounts while calculating  VIP levels and daily BNB holdings. The calculation will be upgraded from 14/12/2019 on the Binance exchange. Earlier, BNB held in the Binance wallet was not included in the daily BNB calculation. Now, with this upgrade, hourly snapshots...
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Lagarde Sees Demand for Stablecoins, Plans to Put ECB ‘Ahead of the Curve’

At her first press conference as head of the European Central Bank (ECB), Christine Lagarde outlined her plans to lead the ECB “ahead of the curve” in the field of digital currency. “There is clearly a demand out there that we have to respond to,” she said, referring to stablecoins. Also read: Regulatory Roundup –...
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US-China Trade Optimism Sends Stocks to ATH, is Bitcoin Next?

Global stocks surged on Thursday, driven by the US-China trade optimism. Elsewhere, British Prime Minister Boris Johnson’s historic win boosted the UK and European stocks. Markets have now become volatile, but what about Bitcoin? Let’s briefly analyze the two medium-term scenarios. Stock Rally Might Boost Investors’ Appetite for Cryptos Usually, Bitcoin has shown no correlation...
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Justin Sun’s Weibo account closed as TRX continues to underperfrom

Weibo, one of China’s major microblogging platforms, is in the news after it blocked the accounts of TRON Founder, Justin Sun, and Binance Co-founder, Yi He, earlier this week. The move, in turn, has had a direct impact on the price of TRX, TRON’s native token. The cryptocurrency depreciated slightly over the course of 24...
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Coinbase & Ripple Investor: Bitcoin to “Blow” Past $20,000 in 2020

Over the past few months, analysts have begun to fear that the worst is yet to come for the Bitcoin market. This fear and apathy should come as no surprise, especially considering that the cryptocurrency has already tanked 50% in the past six months, tanking as bulls expected the asset to “moon.”Despite this, top industry...
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Bitcoin Miner Manufacturer Canaan’s Shares Crash 40%

Canaan shares recently crashed by as much as 40% on Nasdaq, which was likely caused by the continuous pressure on Bitcoin price. Bitcoin miners are in a tight spot once again, as Bitcoin’s price continues to experience pressure. Miners were known to withdraw from the mining industry when the price dropped in 2018, simply because...
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Africa Turns Towards Binance Chain For its StableCoin “ABCD”

African Government is all set to launch a stablecoin pegged to 1:1 to Nigerian Naira. The stablecoin ABCD will be launched on Binance‘s native blockchain, the Binance Chain. Ghana-based cross-border money transfer startup Bit Sika & Linova Capital – crypto-focused investment firm will launch this stablecoin. Furthermore, 9 exchanges including Busha and Bitmama supports this...
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Libra, China’s CBDC may test separation of money and state

Venture capital firm Blockchain Capital recently published its State of Crypto 2019 report, with a section of the publication giving an in-depth look into CBDCs, Libra, and the state of cryptocurrency usage in nation-states, retail, and institutional market segments. According to the report, crypto-assets are moving from the fringe to mainstream adoption across all three...
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PayPal Files Lawsuit Against CFPB Over ‘Confusing’ Digital Wallet Rules

PayPal, the leader in online wallet payments, has filed a suit against the US Consumer Financial Protection Bureau (CFPB) over new rules requiring overly strict and constraining reporting for its digital wallets. Complaints of Unnecessary Reporting The CFPB has announced a campaign to regulate so-called prepaid cards, to avoid money laundering. In the lawsuit, filed...
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Tron Price Analysis for December, 13th – TRX Ceased Falling

By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, December 13th, the Tron cryptocurrency stopped falling, trading around $0.0138. On D1, the correctional growth ends and falling continues. It was additionally supported by a Black Cross on the MACD. The goal of decline remains at the fractal support level of $0.0110. A breakout of this...
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Starting Today: Kraken Joins Binance And Coinbase To Allow Tezos (XTZ) Staking

Tezos holders will be able to stake their coins on the popular cryptocurrency exchange, Kraken, starting today. As a result, XTZ price has increased with over 12% in the last 24 hours, mirroring its movements when other exchanges announced Tezos staking on their platforms. Kraken Adds Tezos Staking The large U.S.-based cryptocurrency exchange, Kraken, has...
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24K Casino Adds Ethereum

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. We live in an era where the latest technology profoundly shapes our daily lives. The past decade has...
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Why You Must Switch To An xAPI Enabled Learning Management System

Effective tracking of learners’ interaction with the course material is perhaps one of the most notable advantages of eLearning technology over traditional learning methods.  The ability to track a learner’s progress and optimise the learning experience to maximise effectiveness truly revolutionised the way we learn. All this was made possible with a system of standards...
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New Blockchain “Dawn” Targeting eSports Wagering

FirstBlood eSports platform has come up with its own blockchain, “Dawn“. This blockchain is built on COSMOS Network. FirstBlood allows amateur players to earn rewards after playing Dota2, PUBG. It allows more than 200,000 users to gamble cryptocurrency directly with one another.  FirstBlood CEO Joe Zhou was searching means to decentralize the esports wagering and...
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Chainalysis Partners with Bitfinex for Privacy-Safe Compliance

This week, Chainalysis announced the completion of a full AML solution applied on the Bitfinex exchange. The blockchain analysis is becoming the next frontier of verification, as the Financial Action Task Force (FATF) rules start to be unrolled from the summer of 2020. Regulators Worldwide Start Looking at Blockchain Activity Directly Chainalysis remarks that institutions...
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Binance ‘a major outlier’ in terms of exchange tokens, IEOs: Report

In today’s blockchain landscape, there has been a significant rise in exchange tokens. These tokens are essentially issued by crypto-exchanges to incentivize participants who use their platform. Some of the upsides of these tokens include discounted trading fees, market-making rewards, and token burn mechanisms. Source: CoinMarketCap | BNB Binance pioneered the exchange token and its...
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