Stablecoin was crypto community’s answer to Bitcoin’s volatile market conditions, which managed to deliver some sense of stability within the ecosystem. The first and most controversial token in this space, Tether, has caught unwanted attention as one the company’s co-founders, William Quigley, mentioned something controversial. The information was highlighted on Twitter by @lisaabramowicz1, who tweeted,...Read More
Litecoin bulls continued to hover below its previously strong support zone around the $70 mark, despite subtle signs of recovery. After undergoing major losses in August this year, Litecoin, the fifth-largest cryptocurrency by market cap, might be heading for an upward breakout. At press time, Litecoin held a market cap of $4.14 billion and a...Read More
An entrepreneur, investor, and crypto asset enthusiast has produced a music video intended to get people talking about digital asset use. The video pits the original “bankster” Alexander Hamilton versus Satoshi Nakamoto in a rap battle inspired by the work of Lin-Manuel Miranda’s role in the hit musical “Hamilton”.Individuals from the cryptocurrency industry have received...Read More
A Thai man who called himself the “cryptocurrency wizard” was arrested in Bangkok today, in relation to a 500 million baht cryptocurrency exchange fraud. According to a report by the Bangkok Post, 48-year old Mana Jumuang was part of a Thai-Vietnamese criminal group that duped thousands of people across multiple Asian countries. An arrest warrant...Read More
The NSA has revealed plans to create a quantum resistant crypto. It’s not the first time the agency has taken an interest in cryptocurrency. | Source: Shutterstock The U.S. National Security Agency (NSA) is going from crypto surveillance to crypto creation. According to Bloomberg reporter William Turton, the agency is developing “quantum-resistant crypto.” Anne Neuberger,...Read More
Technology companies show a growing interest in cryptocurrencies. Some do so more than others, like Facebook. Apple, on the other hand, is not going all-in just yet. Despite the potential and promise of cryptocurrencies, the focus lies elsewhere entirely for the time being. Apple Sees Merit in Crypto It is somewhat surprising to learn Apple...Read More
The crypto ecosystem has successfully leveraged a partnership-driven approach to gain mainstream attention, with exchanges such as Coinbase and Binance primarily fueling the initiatives. Moreover, Coinbase seems to have taken the lead in this regard, as the decentralized applications company Offchain Labs announced investment from Coinbase Ventures, the investment arm of Coinbase. Ed Felten, Co-Founder...Read More
On a recent segment of CNBC’s Market Alert featuring prominent investor Mark Mobius, the conversation quickly turned to gold, fiat currencies, and of course, Bitcoin.The post appeared first on NewsBTCRead More
Bitcoin basher Mark Mobius raised concerns over the security promised by blockchain technology while calling it “a very high-risk situation.” | Source: REUTERS / Danish Siddiqui (i), Shutterstock (ii). Image Edited by CCN. Mobius Capital Partners LLP founder and emerging markets fund manager Joseph Bernhard Mark Mobius has raised concerns over the security promised by...Read More
The Fear and Greed Index suggests that crypto investors are feaful. In addition, a top analyst believes bitcoin has more downside risk before skyrocketing. | Source: Shutterstock Over the last few weeks, bitcoin has been struggling to stay above $10,000. The bullish steam that pushed the dominant crypto to $13,880 is fading away. Armchair traders...Read More
A host of South Korean institutions have realized the potential and importance of integrating digital tokens into their businesses. Major businesses have already taken a step forward by announcing their own native tokens, taking a step closer to the mainstream adoption of cryptocurrencies. K-pop music giant SM Entertainment became the latest member to join the...Read More
According to polls, predictions, and commonly seen comments from the cryptocurrency community, most are certain that one day Bitcoin will reach prices of $100K to as much as one million USD. For most, it’s not a matter of if, but when.The post appeared first on NewsBTCRead More
Among cryptocurrency enthusiasts, Tokyo is often mentioned as one of the most crypto-friendly cities in the world. Recently, it has especially become known for Bitcoin Cash (BCH) adoption, which is a cryptocurrency that has the characteristics of the original Bitcoin (BTC), as intended by the mysterious creator Satoshi Nakamoto. Bitcoin Cash is meant to be...Read More
The charity arm of Malta-based crypto exchange heavyweight Binance is launching a fundraising campaign for Hurricane Dorian victims. Donations will be accepted in Bitcoin, Binance Coin, and XRP. The Fury of The Dorian As per latest reports coming in from the Washington Post, Hurricane Dorian has already made headway into the American states of North...Read More
The trending behavior of the coin is not in the bullish zone but on the basis of technical analysis and on the performance of 7 days, the value may achieve the mark of $0.26 in the next two days. Ripple News and Events The Ripple startup is nominated by LinkedIn in the top 50 growing...Read More
Look up “hyperinflation” in the dictionary, and you’ll probably find a picture of Zimbabwe’s 100 trillion dollar bill. The country has become an unfortunate poster for economic mismanagement, but one project, Zimbocash, is seeking to heal Zimbabwe’s economic woes with a token on the TRON blockchain. Zimbocash is not the only cryptocurrency attempting to make...Read More
Bitcoin ticker symbol “BTC” saw a sudden spike in interest on Google, but could the search engine results be manipulated? And why? | Source: Shutterstock Interest for “BTC” has exploded to a new record on Google Trends as search results for bitcoin’s ticker symbol skyrocket. The phenomenon started around August 30, when “BTC” searches suddenly...Read More
SBI Holdings’ President Yoshitaka Kitao bagged himself a seat with Ripple’s other Board of Directors and Kitao has ever since, been working tirelessly to promote crypto. At the recent Financial Summit ‘Finsum’ in Tokyo, Japan, Kitao made necessary mentions of the technologies embraced by SBI and its vision to expand its own customer base. While...Read More
Bitcoin has been trading around $10,500 for the last few days as price levels begin to form rising support. The question remains as to whether enough volume will enter Bitcoin in order for price levels to break up-wards through key resistance at $11,00o. Bitcoin 1-Hour Analysis On the 1 hour chart for XBT/USD, we can...Read More
The massive Bitcoin sell-off that sent prices below the $10,000 at the end of August wasn’t the result of manipulations, according to an ex post facto research by Coin Metrics. First Major Bitcoin Sells Spotted on Coinbase Large traders or institutional investors often manipulate the Bitcoin price, especially through fake volume or trading derivatives. The...Read More
The cryptocurrency insurance market is expected to grow at a faster rate if United States regulators provide more regulatory clarity, according to industry experts. As Forbes reported on Sept. 5, CEO of San Francisco-based cybersecurity agency Coalition, Joshua Motta suggested that the market for digital currency insurance is now worth between $200 million and $500...Read More
Trading Ether (ETH) is rarely easy, particularly when bad news surrounding one of the most popular cryptocurrencies isn’t offering any reprieve for enthusiasts. But it’s often a good idea to remind ourselves what the chart says before reacting emotionally to the news. Moreover, successful traders would argue that the best time to buy is when...Read More
Bitcoin continues to set new records for dominance, as altcoins fall behind. On Thursday, BTC eked out a slight 0.37% price gain over the day before. But most altcoins continued the trend of two-to-three percent daily losses – which means that Bitcoin is now at 71% dominance. Cryptocurrency market dynamics since September 4. Source: Coin360...Read More
The Bitcoin Cash City conference in North Queensland has just wrapped up, and participants are now unwinding after two consecutive days of presentations, product demos, free gifts, and plenty of food. Tomorrow, September 6, there will be a special workshop for developers, and then the conference proper will end and it’s on to next year’s...Read More
Securities and cryptocurrency exchange Hyperion Technologies acquired two products developed by blockchain consulting firm Vanbex Labs, which is currently under investigation in British Columbia. Vanbex announced in a post published on its blog on Sept. 4 that Hyperion had acquired Vanbex’s blockchain solutions Rocket and CryptoTaxes. The Forfeiture Office alleges that Vanbex and its partner...Read More
Dapix Inc, the company behind the initial development of the FIO Protocol, has raised $5.7 million in Series A funding led by Binance Labs, the venture arm of leading global cryptocurrency exchange and blockchain ecosystem, Binance. The FIO Protocol has created an industry standard, decentralized service layer that improves usability across every blockchain, token or coin....Read More
BUSD will be available for direct purchase and redemption 1:1 for U.S. dollars on the Paxos platform and for trading against Bitcoin (BTC), Binance Coin (BNB) and Ripple’s XRP on Binance.com. Paxos Trust Company, a regulated financial institution that digitizes and mobilizes assets, and global cryptocurrency exchange and blockchain ecosystem, Binance, announced their partnership regarding...Read More
XRP has managed to remain pretty stable against the USD after increasing by 1.76% over the past week to reach the current price of $0.2568. The cryptocurrency had broken beneath a major support level during early-August after falling below the $0.30 level. However, after shattering this support, XRP is holding strong against the USD but...Read More
Brexit has served as a prime example of how ordinary citizens can protect their assets from political turmoil using Bitcoin. According to Forbes, the negative effects of a potential no-deal Brexit are leaking into the economy and affecting crypto startups in the region, September 4, 2019. If the U.K. leaves the European Union without a deal,...Read More
The Hurricane Dorian relief effort has teamed up with an unlikely ally in the Bahamas: Bitcoin, along with a helping hand from Coinbase. | Source: Wikimedia Commons (i), AP Photo / Gillian Flaccus (ii). Image Edited by CCN. The Hurricane Dorian relief effort has teamed up with an unlikely ally to help the Bahamas recover...Read More
