RoboMarkets, an investment company, has extended the sponsorship agreement with Autolife rally team until the end of 2019. Under the agreement, RoboMarkets will be the team’s title sponsor at two more races at least, in Jordan and Cyprus. RoboMarkets/RoboForex group has been cooperating with Autolife, the team of Roman Starikovich and Bert Heskes, for a...Read More
To quote the chief villain of the latest Marvel superhero movie, “I am inevitable,” which is exactly what Bitcoin, and a host of other cryptocurrencies, could say to the general public and institutions. Let’s face it, despite the lingering suspicion, which sometimes can border on paranoia, the cryptographic currencies are entering our lives with a...Read More
There is no bad publicity. Not long ago after Donald Trump had tweeted about Bitcoin, another mention of the most famous cryptocurrency is coming on behalf of Mike Pompeo, the United States Secretary of State. In his opinion, the first-ever cryptocurrency should be regulated like every other electronic financial service existing today. His main concern is...Read More
Cardano Price Analysis (ADA/USD) The price of ADA/USD pair has recorded an impressive price recovery over the intraday. The price-performance is bullish with an upsurge gain of 11%. The market escalated from where it closed yesterday at $0.04719 where it is currently trading at $0.05027. Additionally, the market began the session with a bullish pressure...Read More
SEC claimed that ICO Rating violated the anti-touting provisions of Section 17(b) of the Securities Act of 1933 by failing to disclose payments it received from initial coin offering (ICO) issuers it rated and published on its platform. The Securities and Exchange Commission (SEC) announced that Russian entity ICO Rating agreed to pay $268,998 in...Read More
Bitcoin (BTC) price faced fresh bearish sentiment Aug. 21 after a rejection of $11,000 sent markets tumbling hundreds of dollars in minutes. Market visualization. Source: Coin360 $9K Levels on horizon for Bitcoin price Data from Coin360 shows BTC/USD topping out at just under $10,900 before reversing. Hours later, a sudden loss of support saw the...Read More
The Supreme Court of India was presented with arguments that questioned Reserve Bank of India’s [RBI] jurisdiction over contemplating a ban on crypto-activity on the basis of vagueness on August 20. The case resumed its hearing on the matter on August 21, with RBI’s counsel, Shyam Divan, listing disadvantages of cryptocurrencies as highlighted in the...Read More
Disney stock took a hit this week after shocking accusations of inflated revenue reports. | Source: Shutterstock By CCN Markets: News broke on Tuesday that a former Walt Disney Company accountant told the SEC that the company had inflated revenue over a number of years. The accountant was a senior financial analyst in the company’s...Read More
Bitcoin is a virtual currency that’s as good as the traditional bills that we use. Because it’s already accepted, security features have to be embedded in the application or software that manages it. Many developers had designed the system that makes it impossible to break into it so that no one can steal your money....Read More
The short-term action continues going back and forth inside the marked horizontal triangle on the following 4-hour chart. After two days of consolidation below the triangle’s descending trend-line with zero success to break through, Bitcoin plunges $800 to set $10,082 as its current daily low. As mentioned here on our previous analysis, the $10,800 area...Read More
Bitcoin’s range bound pumps and dumps have become commonplace over the past six weeks. Another slide a few hours ago should not be cause for alarm then as BTC failed to register further gains. It is now in danger of heading back into four figures for the fifth time. Four Figure Bitcoin in Play …...Read More
AOFEX Exchange is known for its non-standardized option trading service that helps investors hedge the risks of their digital investments. NSO trading awards are said to be launched this month. Located in London, United Kingdom, AOFEX is a digital asset exchange with non-standardized option trading as its core competitiveness, which is open to global users....Read More
Stellar takes a downward turn, after trading around $0.070. XLM continues to have an even intense selling pressure. The intraday movement appears to be bearish. Stellar Lumens is ranked amongst the top 15 coins in the global market. Stellar coin slips below $0.070 and exhibits a reversal trend with a downward motion. XLM price was...Read More
Bitcoin (BTC) network hash rate remains near all-time highs despite fresh turmoil in China as floods wipe out mining operators. Bitcoin mining farm ‘devastated’ As various Twitter users reported on Aug. 20, the rainy season in China’s northwestern Sichuan province has spelled disaster for at least one Bitcoin mining farm. According to cryptocurrency mining pool...Read More
Bitcoin Price Analysis (BTC/USD) On an hourly chart, the bulls have dominated the market of BTC/USD pair. The 7 day MA was seen gravitating above the 21 day MA that signaled an increase in bullish pressure. The top cryptocurrency has slightly gained by 0.17%, having escalated from $10731.71 to $10750.00. Apparently, a bullish engulfing candle started...Read More
Blockstream, one of the Blockchain development company announced the release of version 0.7.2 of its scalability software c-lightning. Christian Decker, a blockchain researcher at Blockstream, announced on August 20 the release of new version via twitter. According to the tweet, the updated version of c-lightning supports dynamic plugin management as well as “the upcoming signet.”...Read More
Harvey Partners Llc decreased its stake in Acuity Brands Inc (AYI) by 47.98% based on its latest 2019Q1 regulatory filing with the SEC. Harvey Partners Llc sold 8,300 shares as the company’s stock declined 7.00% . The hedge fund held 9,000 shares of the building products company at the end of 2019Q1, valued at $1.08...Read More
The Dow is leaning toward a strong open on Wednesday but the optimism could be short-lived, according to one former Fed insider. | Source: AP Photo/Aaron Favila By CCN Markets: Dow Jones Industrial Average (DJIA) futures ticked up 200 points in early trading Wednesday, pointing to an optimistic open on Wall Street ahead of the...Read More
Getting paid in bitcoin? You should be offended, apparently. | Source: Shutterstock; Edited by CCN By CCN Markets: In a sweeping article that bashes Bitcoin and it’s kindred, Izabella Kaminska of the Financial Times compares cryptocurrency salary earners to modern-day slaves. Pointing to the BBC show ‘Who Do You Think You Are?’, Kaminska highlights a...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The ETH has put its restoration on a halt: the market situation does not stimulate active buying. Tuesday morning, August 20th, the cryptocurrency slightly declines, trading at $198.95. On H4, the Ethereum has formed a convergence after nearing an important correction level of 61.8% ($163.20) Fibo. This suggests...Read More
Melbet was established in 2012, and it has become a popular site for potential bettors who want to invest in the betting world. They have a wide range of sporting events available to users amounting up to 200 daily events. Since their inception, they have taken the betting world by force by gaining user popularity...Read More
Following a brief period of recovery, almost all of the top-20 coins by market capitalization have entered the red again. The leading digital currency BTC is struggling to stay in positive territory hovering around $10,700. At present Ethereum classic is the only coin with maximum gains. Among Top 20 crypto market. Ethereum Classic (ETC) has...Read More
Bitcoin price failed to surpass the $11,000 resistance and recently declined against the US Dollar.The price is currently trading below the key $10,600 and $10,500 support levels.This week’s followed crucial bullish trend line was breached with support near $10,600 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price is currently at...Read More
In an exchange of emails from a woman who came across some of my photos on a website, she asked: “Do you know how many photos you have taken over the years?” “I have no idea,” I replied. “Hundreds of thousands, probably. Possibly more than a million.” My first published photo in a newspaper was...Read More
Ripple is down by 3% over the last 24 hours and falls to 0.26 USD. The next resistance may come by the end of this week at 0.29 USD. Ripple is yet to cope with the market. It has been under huge pressure for the last few weeks and it is yet to make any...Read More
Nelson Minier, head of over-the-counter (OTC) trading at major cryptocurrency platform Kraken, has stated that the OTC desk’s trades per month have increased by a factor of 20 since the beginning of last year. Minier gave his remarks in an episode of The Block’s podcast, The Scoop, on Aug. 20. Minier further remarked that “Bitcoin...Read More
Ripple price started a fresh decrease after it failed to break the $0.2920 resistance against the US dollar.Bitcoin price is struggling to hold the main $10,500 support area.This week’s followed bullish trend line with support near $0.2740 was breached on the hourly chart of the XRP/USD pair (data source from Kraken).The pair is currently trading...Read More
Tuesday, Aug. 20 — following a brief period of recovery, almost all of the top-20 coins by market capitalization have entered the red again, with Bitcoin (BTC) hovering around $10,700. Market visualization. Source: Coin360 The leading digital currency BTC is struggling to stay in positive territory, being up by a modest 0.26% on the day...Read More
The increased cost of transacting on the ethereum blockchain is hurting the software’s adoption, says project creator Vitalik Buterin. Speaking with the Toronto Star this week, Butertin suggested projects that are considering whether to build on the technology will likely be butted out as the blockchain is overloaded with transactions, or in his words “almost full.”...Read More
Singapore-based Huobi is expanding its presence in decentralized finance (DeFi). The crypto exchange announced support for two autonomous loan making vehicles, the infamous MakerDao and a similarly open-sourced Compound protocol, according to an August 19 statement. Both ethereum-based protocols serve as “market-makers” by allowing borrowers to take out liquid loans against a pool of assets....Read More
