A group of hardcore bitcoin maximalists have heroically overcome their hatred for Ethereum after receiving ERC20 shares in crypto exchange INX worth hundreds of thousands of dollars. The staunch BTC loyalists, led by Blockstream CTO Samson Mow, have agreed to support a project built on Ethereum, despite all the mean things they’ve said about it....Read More
Bitcoin price cycles can be influenced by a number of factors, FOMO and public sentiment is one, and mining profitability and difficulty is another. Two separate Bitcoin data researchers have offered their insights as to why the current BTC market cycle still has a long way to go.BTC Mining Profitability and DifficultyOne measure of the...Read More
Cryptocurrency politics is focusing on Bitcoin at the expense of altcoins, but a flip could occur any time, an industry investor has warned. Simpson: Don’t Pin All Your Hopes on Bitcoin That was the conclusion from Arianna Simpson, founder and CEO of crypto and blockchain-focused investment fund Autonomous Partners. In a discussion on social media...Read More
Photo: Adyen / LinkedIn A Dutch fintech company Adyen NV, that is involved in processesing payments for online traders including Facebook and Netflix, posted a 79% jump in core profits, propelled by a higher volume of transactions handled for existing customers. First-half core earnings (EBITDA) at Adyen reached 125.8 million euros ($139 million), that is...Read More
The US-based Kraken crypto exchange has decided to list Basic Attention Token (BAT) and Waves (WAVES) on its platform. The Kraken exchange officially announced on Aug. 21 that its users will now be able to deposit, withdraw and trade BAT and WAVES starting with Aug. 22. “We are pleased to announce that BAT and WAVES...Read More
Bitcoin has been numerous times called ‘digital gold.’ However, not every financial analyst thinks that investing in Bitcoin for that reason is a prudent investment strategy. General Partner at Blockchain Capital, Spencer Bogart, is one of them. Bitcoin price Fell in line with the Dow Jones The Dow Jones Industrial Average fell sharply as the...Read More
Binance, a Cryptocurrency Exchange, has now added Stellar Lumens(XLM) Bitcoin Cash ABC (BCHABC) to its trade margin. New Margin Pairs are BCHABC/BTC, BCHABC/USDT, XLM/BTC, XLM/USDT. To avoid transaction delays, Binance has updated its list which has excited the Crypto market. Trading will be open from 22/8/2019 on the Binance desktop as well as mobile platforms....Read More
Ethereum is down by 2.67% over the last 1 day and falls below 185 USD. The next support may come at $180 for Ethereum. Ethereum was nearing 200 USD on 20th August and yesterday’s fall of 2.67% made the coin fall beyond 185 USD. This unprecedented and significant coin by one of the top coins...Read More
Zaif, a Japanese cryptocurrency exchange, switched operator from Tech Bureau to FISCO virtual currency exchange from Aug 22, 2019. Zaif was hacked for about $60 million last year in September, so the management changed. The firm will refund BTC and BCH holders in their original cryptocurrency, but, due to liquidity issues, MONA holders will receive...Read More
Miller Lite, the popular beer brand from U.S. brewer MillerCoors, has teamed up with a blockchain marketing company for the latest iteration of its “Know Your Beer” program. For the ongoing campaign, launched July 1, Vatom Labs built what it calls a mobile”edutainment game,” called Great Taste Trivia, that served a 12-question quiz to cellphones, geo-targeting...Read More
The Takeaway: Experts say Hamas is now using bitcoin for cross-border fundraising at an unprecedented rate. Still, even the largest estimates of terror financing in the region are apparently dwarfed by civilian bitcoin usage in the Gaza Strip, local experts tell CoinDesk. General awareness in Palestine of bitcoin and ethereum has increased since 2018. Freelance...Read More
A VC-backed blockchain firm that helped curate courses at Harvard, Oxford and Cambridge is officially rolling out its programs at three California universities. MouseBelt‘s Blockchain Accelerator launched Wednesday at UC Davis, UC Los Angeles and UC Santa Barabara, boosting the educational presence at the noted U.S. schools. Backed by over $40 million in funding from...Read More
For the fifth time since its 2019 rally began, Bitcoin has dipped back into the four figure price range. The move has not been unexpected, however it is clear that this bull run has exhausted its supply of buyers for now. If BTC dominance declines, will it be a chance for the altcoins to shine?Bitcoin...Read More
In a dip that matched last Friday’s, bitcoin fell back to $9,780 during Asian trading today. The trend has been clearly down this month and further losses have been predicted for BTC by leading crypto analysts. Bitcoin Back in Four Figures At the time of writing, BTC was clinging on to the $10k level after...Read More
Photo: Shutterstock As represented by CipherTrace’s recent Q2 AML report, there is no denying that retail investors still face immense risk, as fraudsters and exit scammers have absconded with more than $4.26 billion in crypto assets in 2019 to date. And the opaqueness of relationships between coin rankings sites like CoinMarketCap (CMC), exchanges, and projects,...Read More
Bitcoin Cash is ranked at #4, above Litecoin on coinmarketcap. The price of BCH diminished at a rate of 2.58% in the course of the past 24-hours. The trading volume recorded is $1.411 billion, while the supply has 17,960,688 BCH coins in play. For now, the total market cap of Bitcoin Cash is $5.370 billion. As of...Read More
Bitcoin dominance is the crypto market share of the leading cryptocurrency, Bitcoin, over the rest of the crypto market. The indicator has been fluctuating between a high of almost 96% in November 2013 and a low of 33.4% recorded in January 2018, during the craziest altcoin season. Following the BItcoin’s Bull Run of 2019, the dominance...Read More
Photo: Anchorage / Medium Anchorage clients who hold Stellar or Tezos now are in for a treat. Anchorage just announced that they are adding these assets to its list of eligible assets, the company co-founder and president Diogo Monica announced in a medium blog post. For those who hold Stellar, they can now receive inflation...Read More
Established more than a decade ago, Parimatch is an online platform that allows its users to engage in the betting market with full zest and lots of bonus options. The company has been licensed by the government of Curacao. It also has a customer base across the globe barring the United States. With about 500...Read More
Bitcoin’s true share of the total market capitalization for all cryptocurrencies could be as high as above 90%, a new analysis claims. Bitcoin’s true share of the total market capitalization for all cryptocurrencies could be as high as above 90%, Forbes reported on Aug. 22. While mainstream crypto data aggregators have been pointing to a...Read More
Bitcoin’s short-term outlook has turned decidedly bearish after a week of sideways action. Bitcoin (BTC) price was testing support at $10,000 Aug. 22 as the largest cryptocurrency fluctuated between four and five figures. Market visualization. Source: Coin360 Difficulty must touch floor before Bitcoin price moons Data from Coin360 showed BTC/USD crossing the $10,000 mark multiple...Read More
The Cameron and Tyler Wnklevoss-led cryptocurrency exchange, Gemini, was recently in the news after the exchange named David Damato as its new Chief Security Officer. The exchange is in the news again after it updated the crypto-community about its latest expansion. According to a blog post by Tyler Winklevoss, Gemini services will now be available...Read More
The Winklevoss’s crypto exchange Gemini has revealed on Wednesday that it will officially start its trading operation in Australia. The launch of this branch means that users based in Australia are able to trade five cryptocurrencies which are supported on the Gemini platform including bitcoin, bitcoin cash, ethereum, litecoin, and zcash. This is the fifth...Read More
A spiraling financial crisis won’t drive investors to bitcoin, according to a major venture capitalist. | Source: Shutterstock By CCN Markets: The Dow Jones Industrial Average has been moving south for the past one month, and what’s surprising to see is that the price of bitcoin has followed suit. The Dow has been sliding over...Read More
[PRESS RELEASE] Huobi DM, the derivatives arm of the Singapore-based cryptocurrency exchange, has thrown down the gauntlet to its nearest competitors. On August 21, Huobi DM revealed that it has introduced real-time settlement for BTC contracts, an industry first. The news is more significant than it may at first appear, for it unlocks capital that...Read More
South Korean blockchain startup Blockco has secured 9 billion Korean won ($7.5 million) in a recent Series B+ funding round participated by major local banks. Banks continue interest in blockchain Backed by South Korea’s tech giant Samsung, Blockco announced the investment in a blog post on Aug. 22. The funding round involved South Korea’s oldest...Read More
Colodax, an Indian broker to peer digital asset exchange, has now included Ripple’s XRP in its trading list against RBI restrictions. Users will be able to trade XRP/INR, deposit/withdraw INR and wait for it to match with other brokers. The platform also offers 10 trading pairs. Basically, this includes Bitcoin, Ethereum, Ripple, Stellar, Litecoin, Bitcoin...Read More
The Ukrainian authorities and counterintelligence agency have confiscated crypto mining rigs that they found on the site of a nuclear power plant. It was reported that the Security Service of Ukraine (SBU) seized six Radeon RX 470 GPU video cards, a motherboard, power supplies and extension cords, a USB and hard drive, and cooling hardware...Read More
While it’s still widely regarded as being safer to hold one’s own funds than entrust them to an exchange, Gemini’s standards suggest it may be angled as more of an actual cryptocurrency custodian than other exchanges. Cryptocurrency exchange and custodian Gemini, announced they’re expanding their business to Australia. Australian citizens can now download the Gemini...Read More
Bitcoin (BTC) price has far higher to go during its current market cycle if crowd sentiment takes charge, according to analysis of the Bitcoin Days Destroyed (BDD) technical metric. In social media posts Aug. 22, Hans Hauge, senior qualitative researcher at crypto investment fund Ikigai, identified Bitcoin sentiment as being similar to early 2017. That...Read More
