As the stablecoin wars continue to heat up, Tether has hinted the launch of a new stablecoin – one pegged 1:1 to the Chinese Yuan. The announcement comes barely a day after the world’s largest crypto exchange Binance revealed its plans to launch its stablecoin dubbed ‘Venus’ on Binance Chain. Revealing the news exclusively to...Read More
<div innerhtml=" Is bitcoin a new digital gold? That’s the question on everyone’s mind recently. Is bitcoin the new gold? Yes … but it’s gold circa 1973. (Photo by Ulrich Baumgarten via Getty Images) U. Baumgarten via Getty Images Over the weekend, Barron’s laid out the skeptical case in an article titled “Is Bitcoin A...Read More
Ever wonder why there are so many top exchanges you’ve never heard of? If so, you might not be the only one. A recent report by CryptoCompare found that exchange-reported trading volumes remain far away from reality. In its July 2019 Exchange Review, the cryptocurrency data and indices provider gathered statistics that suggest the crypto...Read More
Litecoin has seen a further 5% price decrease over the past 24 hours, which has brought the price of the cryptocurrency down to $70. This latest price drop is mostly a result of Bitcoin dropping back beneath the $10,000 region as things start to look bleak for the overall cryptocurrency market. Litecoin remains the fifth-largest...Read More
In Watch Dogs Legion, the British pound has collapsed, and even the bankers have been forced to go “full crypto.” | Source: Ubisoft/Facebook (i), Shutterstock (ii). Image Edited by CCN By CCN Markets: We already knew that cryptocurrency would play a central role in the economy of Watch Dogs Legion. Now we know that even...Read More
Ripple has been touted as a disrupter in many ways to the legacy remittance service platforms; with the partnership with London-based remittance firm, Xendpay, Ripple is all set to extend the former’s initiative of ‘optional transfer fees’, where customers are given an option to waive fees with a service called Pay What You Want. According...Read More
Securitize, a platform and protocol for issuing and managing compliant digital securities on the blockchain, announced today it is now an SEC-registered transfer agent. This registration enables Securitize to act as a transfer agent for digital securities registered with the SEC, as well as for issuers of Reg A+ and Reg CF digital securities who...Read More
Security token offerings are still a very niche market. While there is merit to this model compared to ICOs, investors have cooled off on blindly investing in tokens and assets. In Europe, things are not looking all that bad, despite some initial growing pains along the way. A healthy increase in successful tokenized projects shows...Read More
Silk Road founder Ross Ulbricht has spent six years in prison and has 34 years and two life sentences to go unless a petition spearheaded by his mother and sister lead to a grant of clemency. 195K Signatures and Counting For Ulbricht A petition seeking clemency for Silk Road founder Ross Ulbricht is quickly approaching...Read More
The Reserve Bank of India (RBI) did not correctly respond to the presentation that could have removed the necessity of banning bitcoin trading in the country, found the apex court.The Supreme Court of India noted in a hearing today that the central bank forwarded the presentation to the government. But what it should have done...Read More
Facebook the highly controversial social media giant developing the Libra global stablecoin, is in talks with Indonesian digital payment platforms and fintech firms to enable it to launch a WhatsApp-based mobile payments service in the region, reports Reuters on August 20, 2019. Facebook Interested in Indonesia In a bid to take advantage of Indonesia’s rapidly...Read More
Trading signals for Bitcoin are turning ‘extremely bearish’ as the cryptocurrency’s wild upside of HY2019 comes close to its exhaustion.According to market analyst Chonis Trading, the moving average convergence divergence (MACD) oscillator on bitcoin’s weekly charts is looking to flip to indicate its bearish bias. The indicator is one of the most popular ones among...Read More
The U.S. Congress has taken an interest in blockchain technology, and some crypto companies are starting to engage with it―which ones, and why? Cryptocurrency has been under scrutiny from the U.S. government (and its associated regulators) for some time now. For example, in 2017, the U.S. SEC started to examine ICOs and began to treat...Read More
Markets have taken a turn for the worse as North American investors reacted to the SEC’s latest pronouncements for future token sales. Based on the new guidance, regulators will continue to treat all token sales as likely securities for the foreseeable future. Markets fell more than $17bn since Wednesday morning. Digital assets across the board...Read More
Need convincing reasons to purchase Bitcoin? President Trump signed a financial agreement that increases the US national debt by about $22.5 Trillion. To some people, Bitcoin is money, while to some people Bitcoin can be multiple things depending on how it is utilised. A long term investment, a trading vehicle for short term profits, a...Read More
The United States Securities and Exchange Commission (SEC) has registered Securitize, a digital securities platform backed by crypto exchange Coinbase, as a transfer agent, according to a press release published on Finextra on Aug. 21. Securitize — which claims to be the first transfer agent with a working blockchain protocol and active securities issuers registered...Read More
Following a strong rally back toward $11,000 that was stopped roughly $50 short, Bitcoin price has now broken back below $10,000 yet another time during the month of August.The post appeared first on NewsBTCRead More
New findings have revealed that controversial stablecoin issuer, Tether, is seemingly working on a new stablecoin project dubbed “CNHT”. The new stable coin will be pegged to the offshore Chinese official fiat currency Renminbi (RMB/CNY). This was confirmed today by Zhao Dong, a shareholder at Bitfinex, a cryptocurrency exchange owned by iFinex Inc., which is...Read More
Photo: A1 Austria’s telecommunications giant and the country’s largest mobile service provider A1 has officially announced accepting cryptocurrency payments at some of its store locations across Austria. In the official announcement, A1 states that in its pilot project, they will accept cryptocurrency payments at some A1 shops while demonstrating global businesses that integrating digital currency...Read More
About Guarda Gaining more positive user testimonials, Guarda wallet is slowly but surely becoming a prominent name within the crypto sphere. Mostly known for providing users with an all-encompassing, multi-platform cryptocurrency wallet, Guarda also offers web-based cryptocurrency purchase options and prepaid cards. The lightweight, multi-currency wallet allows users to always remain in control of their...Read More
Ripple is moving back towards the $0.2500 level after the third largest cryptocurrency suffered a technical rejection from the $0.2930 level Ripple buyers need to form a bullish double-bottom or a further decline towards the $0.2000 level is possible. Ripple is back under selling pressure on Wednesday after the third largest cryptocurrency was swiftly rejected...Read More
IOTA’s Tangle is to provide trive.me’s app, trive.park, with distributed ledger technology for its parking payment solution. The technology intends to deliver secure, open-source and fee-free machine to machine micropayments functionality. The trive.me app is being developed as part of the EDAG Group, is a data and payment platform through which operators can digitise their...Read More
Bitcoin price predictions have been coming thick and fast in recent months as the world’s top digital asset recovers from an almost year-long bear market. Some are just pie in the sky, but others have delved deeper into what could drive BTC prices to a new all-time high in the months ahead. Scarcity Will Increase...Read More
Bitcoin could get remain stuck in a price range defined by $8,000 as support and $20,000 as resistance, believes Mike McGlone of Bloomberg Intelligence.The senior commodity strategist on Tuesday said bitcoin price is in an “extended hibernation” state because more people are storing the cryptocurrency like gold instead of trading it on the spot markets....Read More
Facebook Inc further extends its reach towards establishing its dominance in the Asian market. Having that it’s instant-messaging app – WhatsApp partners with multiple Indonesian digital payment firms to offer their mobile transaction services. Indonesia has an estimated value of 260 million people. Been that the nation enlists among the top-five largest markets for WhatsApp,...Read More
Alibaba has delayed plans to list its stock in Hong Kong. The Chinese tech company already trades publicly in New York, but was reported to have been considering a second listing that could raise as much as $15 billion. The plan was to list in August. Alibaba delayed its long-awaited $15 billion IPO in Hong...Read More
Japan’s central bank, unlike China, isn’t petrified of capital outflows or investment through cryptocurrency.| Source: Shutterstock By CCN Markets: Japan’s central bank has reaffirmed the country’s position as one of the world’s most progressive countries with regards to Bitcoin and other cryptocurrencies. According to the Nikkei Asian Review, a senior Bank of Japan official has...Read More
Source: iStock/TPopova There was a disagreement over two vital blockchain-related points earlier today between two major figures in the crypto and blockchain world. The issues: speed and capacity of existing blockchains. The figures: CEO of Binance, Changpeng Zhao (CZ), and co-founder of Ethereum, Vitalik Buterin. The short argument started when Zhao referenced Buterin’s interview with...Read More
According to the reports from ChainNews, Bitfinex shareholder Zhao Dong confirmed to that Tether will issue CNHT in the near future and anchor the stable currency of offshore RMB. Zhao Dong further said that his digital asset management platform RenrenBit will open the transaction and recharge the cash in the first time. Basically, Tether is the...Read More
After hearing the arguments against the banking restriction by the Reserve Bank of India (RBI) in detail, the Indian supreme court directed the central bank to reply to the representations filed by crypto exchanges. Since the RBI has not adequately answered them, the court set a new date to resume hearing the case. Also read:...Read More
