Bitcoin (BTC) has once again found itself caught in the throes of a choppy trading range that provided little clarity as to whether or not it will begin venturing into the four-figure price region, or if it will begin climbing until it retests its year-to-date highs of $13,800.This choppiness has been largely centered around a...Read More
Saturday, Aug. 24 — crypto markets continued to see red today as Bitcoin (BTC) has dipped below $10,000 price mark several times over the past 12 hours. Only two out of the top-20 coins by market cap are seeing gains over the past 24 hours at press time, including Cardano (ADA) and NEO (NEO), which...Read More
The value of Bitcoin recently dropped below $10,000 after President Donald Trump posted a critique of the cryptocurrency on Twitter. President Trump reports he is “not a fan” of cryptocurrency. What does this mean for Bitcoin-investors? What is Bitcoin? A cryptocurrency is a digital asset designed to work as a medium of exchange that uses...Read More
It’s no secret that XRP – the cryptocurrency that is closely associate to Ripple – has faced its fair share of hate over the past couple of years, but it now appears that some of the cryptocurrency’s largest fans are feeling disillusioned with it. The current climate surrounding XRP has largely been damaged by recent...Read More
The United States Federal Trade Commission (FTC) has settled charges it filed in 2018 against an alleged crypto pyramid scheme involving four individuals. Terms of settlement According to an official statement on Aug. 22, the regulator permanently banned the defendants from multi-level marketing and misrepresenting investment opportunities and charged a total of over $500,000 as...Read More
Governor of the Bank of England Mark Carney put forward the idea of replacing the U.S. dollar with a central bank-issued cryptocurrency like Facebook’s Libra. Carney Proposes The Synthetic Hegemonic Currency On August 23, 2019, while addressing the Federal Reserve Symposium in Jackson Hole, Wyoming, Carney described how Brexit uncertainties, persistent world trade tensions, and...Read More
Once again, Bitcoin (BTC) has stagnated, finding a foothold around $10,000 for the umpteenth time in a matter of weeks. While this is a positive development, especially considering the bearish momentum seen last week, there remains some expecting for the cryptocurrency market to continue lower.As reported by NewsBTC, one prominent crypto analyst suggested that Bitcoin...Read More
Bitcoin bull and IRS fugitive John McAfee is shamelessly shilling a Chinese zombie ICO, and he doesn’t want to hear any lip about it. | Source: John McAfee/Twitter (i), Shutterstock (ii). Image Edited by CCN. By CCN Markets: Bitcoin bull and IRS fugitive John McAfee is shamelessly shilling a Chinese zombie cryptocurrency ICO — and...Read More
Facebook’s Libra project is getting a lot of flack. The happy-go-lucky attitude associated with this project continues to raise eyebrows. Despite some major critiques, the concept still holds merit to some. The Bank of England’s Mark Corney wants to see the US Dollar replaced. In fact, he claims the Libra – or its reserve currency...Read More
Josh Gnaizda is the founder of Crypto Fund Research. The opinions expressed here are the author’s own. The following article originally appeared in Institutional Crypto by CoinDesk, a free weekly newsletter for institutional investors focused on crypto assets. You can sign up here. It’s one of the worst-kept secrets in the alternative investment industry: net of fees, hedge funds struggle...Read More
As many of our readers probably know, Cointelegraph has a number of non-English branches, each covering news from different parts of the world. In pursuit of the most complete and detailed picture of the global cryptocurrency industry, we present a series of weekly compilations of the freshest original articles from our colleagues, starting with Cointelegraph...Read More
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="At midday yesterday, whales moved around 77,000 BTC—worth a whopping $780 million —into three unknown wallets. To put that into perspective, that’s around 0.43% of all circulating supply. ” data-reactid=”19″>At midday yesterday, whales moved around 77,000 BTC—worth a whopping $780 million —into three unknown wallets. To put that into...Read More
When a financial system like the crypto market lacks liquidity, a crash becomes inevitable. This was the case at the margin trading marketplace hosted by U.S.-based crypto exchange Poloniex toward the end of May, when the value of a lesser-known crypto asset, CLAM, experienced a sudden, sharp crash. This resulted in the generalized loss of...Read More
Factom Protocol, an open-source blockchain platform, has announced the launch of PegNet, a closely-connected network of tokens pegged to other assets, including Bitcoin, Gold, USD and EUR. The solution seeks to provide a fully auditable and non-custodial network for transferring value, simplifying the conversion process between one type of asset and the other. With PegNet,...Read More
XRP has not been having a great year, in terms of price as the market reports negative YTD returns for Ripple’s native token. However, XRP has been on an adoption spree since the beginning of the year, Ripple’s recent partnership with MoneyGram being an illustrious example. Despite the technology and institutional partnerships turning heads, the...Read More
If you’re sick of Jimmy Wales asking for money, you might be pleased to hear about the blockchain alternative. Everipedia is a for-profit alternative to Wikipedia, based on EOS. They’re trying to use tokens to incentivize contributors – but as the past year has demonstrated, that might be easier said than done. Everipedia had a...Read More
The world’s third-largest digital currency, Ripple’s XRP, is losing value even as other currencies in the global top 10 are reporting astonishing gains. Ripple’s fall raises eyebrows In the 2018 crypto winter, every digital coin was posting unprecedented losses, and the likes of Bitcoin shaved off over 2/3rd of its market value. However, there is...Read More
Cardano loses 1.05% in 1 day and falls to 0.049 USD from 0.050 USD. The medium-term of the coin is likely to be bullish. Cardano has lost 1.05% over the last 24 hours, although the market trend is on the opposite. It has shown five major price shifts, and it has shown the highest point...Read More
Left-wing Fortnite streamer HasanAbi has received a ban for saying the US “deserved” 9/11 in a now-deleted Twitch stream. | Source: Hasan Piker/Facebook (i), Epic Games (ii). Image Edited by CCN. By CCN Markets: Hasan “HasanAbi” Piker – a one-time Fortnite streamer with over 120,000 subscribers on Twitch – found himself on the wrong end...Read More
byMike Tomkins posted Friday, August 23, 2019 at 9:19 PM EDT For the second week running, our Firmware Friday roundup is a pretty short one, this time bringing with it news of just two updates from one company. (And both of them are pretty minor ones, too.) The Canon EOS RP has received its version...Read More
Mark Carney, governor of the Bank of England (BOE), has a plan to challenge the dollar’s dominance. | Source: Photo by Chris J Ratcliffe / POOL / AFP By CCN Markets: Mark Carney wants the US dollar to lose its status as the global reserve currency, pitching the idea that a digital currency could take...Read More
As many of our readers probably know, Cointelegraph has a number of non-English branches, each covering news from different parts of the world. In pursuit of the most complete and detailed picture of the global cryptocurrency industry, we present a series of weekly compilations of the freshest original articles from our colleagues, starting with Cointelegraph...Read More
Former Morgan Stanley Asia head of derivatives Jeffrey Wang officially joined Amber Group, a Shenzhen-based cryptocurrency company. As Bloomberg reported on Aug. 23, Wang will operate out of Vancouver as the head of Americas for Amber. According to the article, he previously worked at Morgan Stanley with four out of the five Amber’s founders, and...Read More
Matt Hougan, the head of the global research company Bitwise, sees similarities between the remarkable surge of the Bitcoin price and the trajectory that the Gold price took during the 1970s. He believes the current Bitcoin price volatility is the modern-day equivalent of the Gold run in the 70s. In an article for Forbes, Hougan...Read More
Bitcoin futures trading came into existence in the United States in late 2017. These Futures provided traders to estimate Bitcoin market price without having to own Bitcoins. This trading was considered as a milestone bridging the gap between digital investment and traditional investment. What are Bitcoin Futures? An agreement to sell or trade an asset,...Read More
Litecoin [LTC], has not had a good few weeks. The digital silver, the fifth largest coin in the market by market capitalization, has been reeling since its halving at the beginning of the month. At press time, the cryptocurrency was trading at $74.14, down by over $25 since the beginning of the month and by...Read More
Most cryptocurrencies experience inflation―as they issue or create new coins, their value begins to fall. How can they keep this under control? Inflation occurs as a cryptocurrency’s coin supply gets larger. When this happens, the cryptocurrency in question becomes less scarce, and demand begins to fall, thereby driving down its price and its buying power....Read More
Stocks, US Dollar, and yields crashed Friday after President Donal Trump ordered the US manufacturers to find alternatives to China, in a series of Tweets. Trump’s tweets came after China announced new tariffs on another $75 million worth of US goods including autos. These tariffs that range between 5% and 10% will be implemented in...Read More
With many altcoins struggling gruesomely and Bitcoin rapidly usurping almost 70% of the total crypto market cap, some crypto analysts have predicted that there will not be another altcoin season until 2020. The current situation of the market today, however, may be an indication that it is time for a new altcoin season. Looking at...Read More
Mark Carney, the Governor of the Bank of England delivered a speech in U.S. Federal Reserve’s annual symposium in Jackson Hole, Wyoming claimed that USD is replaceable with a digital currency similar to Facebook’s Libra. Carney says “it’s far too expensive to send money cross-border, and there are huge financial inclusion issues related to that...Read More
