Currently, Bitcoin is trading around $9,500 While one analyst says there is still more resistance, another one says we never had 3 red candles in a row in bull market ”Possibility that BTC has entered fourth parabolic phase,” Peter Brandt Bitcoin has turned green yet again but barely. After tumbling to $9,300 level this week,...Read More
LTC/USD needs to recover above $65.00 to develop upside momentum. The vital support is created by $62.00 handle. At the time of writing, LTC/USD is changing hands at $64.51. The coin bottomed at $62.37 on Saturday and managed to settle above $64.00 handle. This development has improved the short-technocal picture; however, Litecoin continues moving within...Read More
Global negative-yielding debt is now over $17 trillion, making investors extremely nervous. And it is forcing them to focus on non-traditional assets, like bitcoin. Investing in Debt and Holding it to Maturity Guarantees a Loss Investors are becoming increasingly fearful as they see that the soaring negative-yielding debt is altering the global economy. According to...Read More
Philippine boxing champion and celebrity Manny Pacquiao has launched his own cryptocurrency. On Sept. 1, the South China Morning Post reported that the Filipino boxer turned politician and singer launched his own token with the financial support of private investors such as ex-Liverpool and England soccer star Michael Owen and Sheikh Khaled bin Zayed al-Nahyan,...Read More
‘HODL’ is a fairly commonly used term in the virtual asset space and it is regularly used, referencing Bitcoin whenever a financial discussion is initiated between investors or traders. A certain group of people believes ‘hodling’ Bitcoin is still lucrative at present day, but a majority of users idolize hodling as a thing of the...Read More
With increased scalability and compatibility options, does Telegram’s TON blockchain threaten to take over from Ethereum? | Source: Shutterstock. Image Edited by CCN. With just over a month left until the TON blockchain officially launches, Telegram’s debut cryptocurrency project is shaping up to be one of Ethereum’s biggest threats to date. Numerous would-be assassins have...Read More
Germany-based distributed ledger company IOTA has partnered with leading UK auto manufacturer Jaguar Land Rover in a proof of concept (PoC) that will help demonstrate the possibility of launching a smart city that would work autonomously through generation and use of green energy sources. The proof of concept also involved the participation of Powerhouse building...Read More
August 30th, 2019, Singapore— Stablecoin Terra SDT (SDT) and mining token Luna (LUNA) listed on BTC and USDT markets.Terra, the project building the next-generation payment system on the blockchain, announces today that its stablecoin Terra SDT (SDT) and mining token Luna (LUNA) will both list on global cryptocurrency exchange KuCoin. Deposits will open on August...Read More
Over the past few months, analysts across the board — from Bitcoin (BTC) lovers to Wall Street’s bulls — have been charting an impending recession.This has left many investors with one pressing question: what should they buy to hedge their risk?According to one prominent economist and former Wall Streeter, Bitcoin is one of the leading...Read More
Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Sudden slump sees Bitcoin lose support for five figures After...Read More
In the crypto space in Asia last week, new data concerning Bitcoin (BTC) use in Hong Kong shows that residents are using crypto to hedge against the possibility of capital restraints, while the Japanese Financial Services Agency (FSA) is undertaking new regulatory actions. Here is the past week of crypto and blockchain news in review,...Read More
Many people hope cryptocurrencies can replace traditional finance. That will only be the case if the individual crypto networks can process transactions without a hitch. In the case of Bitcoin Cash, there are some very unusual things happening. Particularly today’s mempool spike raises a lot of questions. A BCH Transaction Spike It has been a...Read More
Bitcoin maximalist Max Keiser set an exuberant $28,000 bitcoin price target, citing an escalating hash rate and Game Theory. | Source: Shutterstock (i), Keiser Report/YouTube (ii). Image Edited by CCN. By CCN Markets: As the bitcoin price sputters this weekend, crypto bulls are stepping in to pump the market up. Bitcoin permabull Max Keiser set...Read More
DISCLAIMER/Author’s note: This is a satirical piece meant solely for entertainment purposes. Mark, if you’re reading this, please don’t take offense at any of this. Please don’t share and circulate my Facebook data (if you haven’t already, that is). Please don’t retrieve that old school-time pic of mine that I thought I had long deleted....Read More
Electric Coin Company (ECC), the firm behind privacy-centric cryptocurrency Zcash (ZEC), reported financial losses in Q1 2019. According to the Q3 2019 report published on Aug. 29, the firm operated at an average monthly deficit of $186,000 during the first quarter of the year. Operating at a loss The company reportedly was receiving 6,157 ZEC...Read More
Lightning Network payment channels on Bitcoin declined 23% in the past five months. Are the incentives there to make it a viable scaling solution? | Source: Shutterstock By CCN Markets: Usage of Bitcoin’s Lightning Network underwent a sizeable decline in 2019. According to data from BitcoinVisuals, 23% of Lightning Network payment channels closed down in...Read More
The popular messaging app Telegram is set to launch its GRAM cryptocurrency wallets in October or November. With over 300 million using the application, it’s only natural that the news creates somewhat of an excitement. However, according to popular trader and analyst Tone Vays, GRAM is ä little scammy.” GRAM Coming In October or November...Read More
Slow and steady, wins the race, the popular adage holds true for Bitcoin and FAANG stocks. Drawing parallels between the fable and current market, FAANG stocks emulate the speedy hare, one-directional and over-confident. While the slow tortoise can be envisioned in Bitcoin, always persistent and sets its own pace. The tortoise of this race, Bitcoin,...Read More
The importance of incubation programs in the blockchain space is quite significant since the space in itself is only 10-years old and most of the startups venturing into this space lack any idea of shaping their business to the need of the masses. Thus, established players and stakeholders have come up with different incubation programs...Read More
A short while back, Charles Hoskinson the founder of IOHK conducted an AMA session. This was LIVE streamed on YouTube via his official channel. Shelley was supposed to be unveiled two years ago, according to the initial roadmap of Cardano. However, like the majority of altcoins, developers don’t often stick to their promises. Charles is...Read More
The crypto community has seen a tectonic shift in fundraising trends: from the decline of initial coin offerings (ICOs) to the hype around security token offerings (STOs) and then the rise of initial exchange offerings (IEOs). The inclination for fundraising seems to evolve every year. Similarly, 2019 brought with it a new way for crypto...Read More
XRP market has been experiencing the calm before the storm, as the price started consolidating once again. The third-largest digital asset displayed erratic behavior with the price failing to find stable footing. As it broke out of the bullish ascending triangle in the short term, gaining 3.40% growth, this growth was immediately negated by a...Read More
BitMEX investors spooked by CFTC probe 50,000 BTC were withdrawn from the platform in July During this time, Binance flows rose dramatically In July, the US regulator Commodity and Futures Trading Commission (CFTC) started probing BitMEX, a leading crypto derivatives platform that offers 100x margin trading services to non-accredited investors. The months-long probe is focused...Read More
AEW’s All Out event was a night full of newsworthy events, but the first match of the main card also included something rather interesting. Now an AEW team is sporting a new name. Click here for our complete AEW All Out results. The first match of the AEW All Out card saw SCU facing Luchasaurus,...Read More
IOTA deals with the bear on the intraday chart. The indication of recovery is still farfetched. IOTA is currently dealing around its seven days’ lowest price. The recent drop has affected the coin at large. Yesterday, the market experienced a pull-up, but the IOTA still couldn’t rise. The coin started the year at $0.35, and...Read More
Obviously, it’s still just about the end of summer, so French air traffic controllers have decided to go on strike. Maybe there would be less annual havoc across Europe’s skies if they ‘paid them in Bitcoin’? Bitcoin Price: Yet More Consolidation So BTC has spent another week trading sideways in a band around $10k. Whilst...Read More
Coinbase, one of the largest crypto exchanges originating from the US might have to shift all European accounts to another licensed entity within EU, in case of a no-deal Brexit according to reports. A present, Coinbase operates an electronic money institution called CB Payments in the United Kingdom which is authorized by the UK Financial...Read More
Bitcoin has managed to rally over 300% since mid-December 2018 when it was at its bottom most. Other altcoins on the other hand, have continued to wither in valuation throughout the year with the exception of only a few. Very few. So would we say that cryptocurrencies are in the bull market? Well, it wouldn’t...Read More
Stealing $63 million Crypto was not enough for the Gang’s Leader. Image from Shutterstock. An Indian Bitcoin fraudster defrauding its victims of nearly $63 million was brutally tortured and murdered by his accomplices after they had found out that he had duped them too. Stealing $63 million Crypto was not enough for the Gang’s Leader...Read More
In a bid to set international governance standards and safety nets in the cryptospace, MERJ Exchange, Seychelles’ first national stock exchange to list tokenized securities, has partnered with Globacap, the U.K.’s first regulated platform to issue equity tokens. In their alliance, the duo will offer tokenized assets to the U.K. and European customers in an...Read More
