On 21st August 2019, the POW’ER 2019 Global Developers Conference hosted by Mars Finance was held in Beijing, China. This conference had invited 70 tech leaders from the field of blockchain, 5G, AI, cloud computing, big data, IoT, experts and scholars, as well as the head of investment and research institutions have also shared their...Read More
I’ve been thinking for a while now about starting a new series showing our readers ways to make money with cryptocurrency. There are so many different ways to make money with crypto and most of them don’t even take much effort. My goal from this series is to go from $0 to $1000 all while...Read More
There was a downside extension in bitcoin price below the $10,000 support against the US Dollar.The price is currently consolidating and is facing many hurdles on the upside near $10,400.There is a crucial bearish trend line forming with resistance near $10,400 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).There could be...Read More
The Tron Foundation has been under the crypto spotlight for its dominance in the DApp space. The Foundation and its CEO Justin Sun have constantly worked on developments in order to retain their supremacy over decentralized applications [DApp]. The recently launched Sun Network stands as a perfect example. Even though Tron is fairly new to...Read More
Cryptocurrency trust and security company BitGo has announced the launch of a multisignature wallet and custody service for EOS. According to the news release published on Aug. 22, BitGo officially added EOS to the list of its supported assets. The firm’s chief technology officer Ben Chan said: “The EOSIO software has some innovative differentiators like...Read More
ETH price remained in a bearish zone and even tested the $180 support area against the US Dollar.The price is currently correcting higher, but it is facing hurdles near $192 and $195.There is a significant bearish trend line forming with resistance near $192 on the 4-hours chart of ETH/USD (data feed via Kraken).An upside break...Read More
Citigroup Inc decreased its stake in Acuity Brands Inc (Put) (AYI) by 86.67% based on its latest 2019Q1 regulatory filing with the SEC. Citigroup Inc sold 3,900 shares as the company’s stock declined 7.00% . The institutional investor held 600 shares of the building products company at the end of 2019Q1, valued at $72,000, down...Read More
Over the past few days, a number of Libra-related announcements have been made — only, they weren’t from Facebook, the Libra Association, Calibra wallet or any other party involved in its development. First, top crypto exchange Binance announced a project called “Venus” — coincidentally, another astrology-themed name — which will focus on developing “localized stablecoins”...Read More
Earlier this week CNBC Fast Money host Brian Kelly said he is short-term bearish on Bitcoin price based on a drop in daily active addresses. Does this mean BTC will drop lower? Bitcoin bobs and weaves Bitcoin has spent the last week bobbing and weaving at the $10K line. $10,350 stood as a stiff resistance...Read More
Overstock will continue its crypto and blockchain-centric focus despite Patrick Byrne’s exit. | Source: YouTube By CCN Markets: Online retail giant Overstock remains committed to its crypto and blockchain ventures despite the shocking resignation of CEO Patrick Byrne, a longtime bitcoin bull. Overstock’s interim CEO Jonathan Johnson told Yahoo Finance the company will “absolutely” continue...Read More
Bitcoin has been on a wild ride over the past several years, and despite a continuous influx of new participants into the nascent crypto market, many investors who jumped onboard in late-2017 and early-2018 have been badly burned by the recent bear market. Now, newly released data elucidates that Bitcoin and Chainlink have the highest...Read More
August 24th, 2019, Nantong, China – In just this past month, in addition to signing two other multibillion RMB institutions onto the TenBillion Coin Blockchain, those being the Institute of Southeast Guizhou Province Hospital — Tumor Immunotherapy Research Base and XiaYi ShengTai YingRan Technology Industrial Park, TenBillion have now signed their third multi-billion RMB partner, NanTong Wonder Petro-Chemical Engineering Company! In...Read More
The veteran investor and crypto expert Anthony Pompliano says that the day is not that far when due to the scarcity of liquidity many (in fact most as per him) of the Altcoins will leftover. Anthony Pompliano, Morgan Creek Digital VC fund’s partner and co-founder, a master at investments in cryptocurrency, usually named as ‘Pomp,’...Read More
On August 23, Bitcoin.com released a new application called the SLP Dividend Calculator. The new platform allows users to build a transaction to make dividend payments to any Simple Ledger Protocol (SLP) token holder. Also read: How to Create Non-Fungible Assets and Collectible Tokens With Bitcoin Cash Testing the New SLP Dividend Calculator From Bitcoin.com...Read More
On Friday, the Bank of England’s governor made a comment that was music to the ears of Bitcoin and crypto proponents.BITCOIN IS THE FUTURE ?? pic.twitter.com/ITdKsG9HJ5— Pomp ? (@APompliano) August 23, 2019According to reports from Reuters and Bloomberg, Mark Carney dropped a bombshell on a group fo central bankers and press at a meeting in...Read More
South-East Asia’s leading bank, DBS, referred to Ripple network as the cheapest way to send money across borders. One of the biggest Ripple communities on Twitter, @BankXRP, tweeted about the DBS acknowledgment on 21st Aug on its official handle. Treasury Prism is the online treasury and cash management simulation platform of DBS. The official website...Read More
Chinese crypto exchange Huobi has seen the highest number of withdrawals from the alleged crypto Ponzi scheme PlusToken to date, new research says. Chinese exchanges prevail New York-based blockchain infrastructure firm Elementus released a study on Aug. 23, claiming that the number of PlusToken withdrawals sent to Huobi exchange has accounted for nearly 50% so...Read More
The German-speaking world was highly active as far as crypto was concerned this past week. Among other stories, the German Federal Financial Supervisory Authority (BaFin) issued several items of interest to the crypto community, a new fund for blockchain startups launched in Hamburg and an Austrian crypto ATM service filed for bankruptcy following an armed...Read More
Some traders on the Poloniex owned crypto Margin trading platform lost a lot of money towards the end of May 2019, when the value of a less popular crypto asset —CLAM experienced an unexpected sharp crash. This led to the overall loss of approximately 1,800 Bitcoins (BTC). While trying to make things right for the...Read More
Nowadays, it seems everyone is bearish on Ethereum and its Ether token (ETH) except for Placeholder VC partner Chris Burniske, who, earlier this week, made the case for why he believes ETH/USD is a great long-term investment. According to Burniske, the oft-cited narrative that the implosion of the ICO market led to Ether losing its...Read More
Blockchain analytics firm Chainalysis has launched transaction alerts for suspicious exchanges of a range of cryptocurrencies. In a post published on the firm’s blog on Aug. 22, Chainalysis announced the launch of alerts for suspicious cryptocurrency transactions in Chainalysis Know Your Transaction (KYT), the company’s real-time anti-money laundering compliance solution. The company also claims that...Read More
Ethereum and the aggregated crypto market has been closely tracking Bitcoin’s price action over the past week, which has resulted in a choppy trading session for ETH that has ultimately led it to drop back towards $185 – which remains a critical support level for the cryptocurrency.Although ETH is likely to find some support around...Read More
Negative interest rates, a common occurrence in Europe these days, are unpleasant for both banks and clients. And financial institutions have been increasingly transferring the bulk of the burden on to their customers. Some political factions in Germany, however, aren’t happy with the trend and are pushing for adequate protection for the ordinary small saver,...Read More
Another week, another of Crypto Tidbits. Bitcoin saw a fairly tumultuous week.The cryptocurrency nearly hit $11,000 this week, before falling to $9,900 in a massive 8% sell-off that resulted in a Bitcoin Fear & Greed Index reading of 5 — “extreme fear”. Despite this crazy price action, Coin360 data suggests that BTC is ending the...Read More
The bitcoin price just did something it has NEVER done before, and it’s great news for bulls who view crypto as a stock market hedge. | Source: Shutterstock By CCN Markets: Bitcoin has been hawked as a safe haven asset for quite some time now, with bulls crediting the rising price of the cryptocurrency in...Read More
The Lightning Network has been subject to controversy since it’s rise to prominence in 2016. Championed as BTC’s solution to scaling, thousands of people in the Bitcoin community voiced their opinions on how it wouldn’t work. Now, nearly a year and a half later, it is still receiving criticism regarding its centralization, routing issues, and...Read More
According to a recent report, Breanne M. Madigan, the head of global institutional markets team at Ripple which recently formed a partnership with cross border payments giant MoneyGram has made it known that the partnership is already increasing the overall trading volume of XRP. She revealed new numbers from Cryptocompare which revealed that the volume...Read More
Crypto Loomdart (@loomdart) recently mocked Beastlorion (@Beastlyorion) for incessantly shilling Cardano (ADA) on Twitter. “Every time you do it dumps” — and indeed, it did. Twitter traders 9 times out of 10 can’t be trusted. This hold true with ‘crypto prophet’ Beastlorion (@Beastlyorion). Tweeting Cardano To Death Beastlorian gave another buy signal recently since “the...Read More
Criminals often express their favoritism toward cryptocurrencies. The perceived privacy and anonymity associated with this payment method makes for an excellent tool. In the US, the Treasury is now targeting Chinese drug kingpins. More specifically, they are monitoring Bitcoin revenue streams. That form of payment has become all the more prominent as time went by....Read More
Facebook stock suffered a devastating investor exodus last year, but FB shares held the line and are now poised for a 25% surge. | Source: REUTERS / Dado Ruvic By CCN Markets: Facebook (FB) stock suffered a devastating 2018 amidst controversies that led to a mass investor exodus. In one particularly painful trading session, Facebook...Read More
