Cryptocurrency

New “Code of Practice” Bolsters Cryptocurrency Regulation in Singapore

The Association of Cryptocurrency Enterprises and Start-ups, Singapore (ACCESS) together with the Monetary Authority of Singapore (MAS) developed a new ‘Code of Practice’ to set standards of good practice regarding Anti-Money Laundering (AML) and countering the financing of terrorism measures for crypto-related businesses. This according to news published by The Global Legal Post, August 19,...
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The BlockChain World Forum is Coming in October in Shenzhen

The BlockChain World Forum will be held in Shenzhen from October 24 to 25. BlockChain World Forum will explore the opportunities and challenges associated with blockchain. The event is an initiative in creating an interactive platform for the leading technologists, entrepreneurs, regulators, investors, academics and financial institutions in the emerging blockchain industry. Presented in a...
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Litecoin Price Analysis: LTC Maintains at $76; the Next Target is Likely to be $81

Litecoin hovers at 76 USD for the second day. The next resistance point for the coin may come at 81 USD. Litecoin, as a Top-5 coin in the market, has a huge user base and it gets decent attention for this. For the past few days, the coin was negatively focussed as it was under...
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Pave the way for future of fintech and cryptocurrency

BitMart Labs Will Host 2019 Block Plus Summit Series III In Ho Chi Minh City, Vietnam On September 15, BitMart Labs, an international blockchain incubator launched by BitMart, will host the 2019 Block Plus Summit Series III in Ho Chi Minh City, Vietnam. Other co-hosts are KaidiaChain, a scalable and interoperable blockchain platform for decentralized...
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Binance App Back on Apple Store After Month Long Review

The Binance iOS App (V1.7.1) is back on Apple Store, being inaccessible for Apple users for about a month. Binance CEO Changpeng ‘CZ’ Zhao announced the news on Twitter on 19th Aug. He states that “listing the exchange’s app on Apple Store” was a difficult process. Binance App was delisted from App store from May...
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Exclusive: Japanese Card Exchange To Use AELF To Solve $1.2bn Shortfall

The largest gift card exchange in Japan will use the aelf (ELF) blockchain in order to radically improve the issuance, distribution and traceability of gift cards. Amaten, which processed more than a million transactions altogether last year with 132,000 users, said it will be developing a new gift card marketplace on top of the aelf...
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Bitcoin (BTC) Price Could Revisit $11.2K or $11.4K

Bitcoin price extended gains above the key $10,600 and $10,800 resistances against the US Dollar.The price is currently correcting lower after trading to a new weekly high at $10.960.Yesterday’s highlighted major bullish trend line is intact with support near $10,500 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price could correct...
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Bitcoin Isn’t a Hedge for Anything

Bitcoin is not a hedge for anything because its volatility actually adds risk to every single scenario a portfolio manager can create. | Source: Shutterstock By CCN Markets: As the bitcoin skeptic here at CCN, my job is to provide counter-arguments to the bitcoin bulls. Today I’m going to debunk the claim that bitcoin is a...
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Brokers To Trade Cryptocurrencies Online

Cryptocurrencies have taken up the fintech industry by storm. This revolutionary alternative to fiat currency or real money is decentralized and peer-to-peer, which means that transactions are fulfilled in real-time since users don’t have to wait for a central entity to process and approve the transfer of funds. Aside from the ease of sending and...
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Bitcoin & Crypto Market Cap Rising: LTC, BNB, BCH, TRX Analysis

The total crypto market cap broke a major resistance area near the $272.0B level.Bitcoin price jumped more than 5% and broke the $10,600 resistance area.Binance coin (BNB) price recovered above $28.00, but it struggled to surpass the $29.00 resistance.Litecoin (LTC) price is still trading well below the $80.00 resistance area.BCH price extended gains and traded...
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TNC IT Group to commence with mergers and acquisitions in crypto market

TNC IT Solutions Group, a blockchain-based organization headquartered in Dubai, is set to commence the launch of its mergers and acquisitions [M&A] program, a first in the crypto and blockchain space. In its recent launch event held last July 2019 at the Rockefeller Center in New York, the group presented their M&A proposition as one...
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Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 20/08/19

Bitcoin Cash – ABC – Struggles Early Bitcoin Cash ABC rose by 2.35% on Monday. Following on from a 3.78% rise on Sunday, Bitcoin Cash ABC ended the day at $325.72. A bearish start to the day saw Bitcoin Cash ABC ease to an early morning intraday low $312.82 before finding support. Steering clear of...
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Ripple Price (XRP) Eyes Fresh Increase While Bitcoin Rallies

Ripple price is facing a strong resistance near the $0.2900 and $0.2920 levels against the US dollar.Bitcoin price rallied recently and even broke the $10,600 and $10,800 resistance levels.Yesterday’s highlighted bullish trend line is active with support near $0.2750 on the hourly chart of the XRP/USD pair (data source from Kraken).The pair could decline a...
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Central Banks, Stablecoins and the Looming War of Currencies

Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. This essay is presented as a part of No Closing Bell, a series leading up to Invest: Asia 2019 focused on how the Asian crypto markets are interacting with and impacting global investors....
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Crypto and Security Token Exchange INX to Raise $130 Million in Landmark IPO

INX Limited, a crypto exchange startup, plans to raise up to $129.5 million through an IPO, in the first security token sale registered with the U.S. Securities and Exchange Commission (SEC). No, that’s not a typo for “ICO,” the initial coin offerings that tested the limits of securities law during the go-go days of 2017. IPO...
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Judge Rejects Multimillion Dollar Asset Plea in Crypto Fraud Case

A Canadian judge has dismissed a motion to set aside an asset freeze in a civil forfeiture case involving the purported FUEL token. A Supreme Court judge in British Columbia (BC), Canada, has denied a motion to set aside an asset freeze, which was requested by the defendants in a multimillion dollar cryptocurrency fraud case....
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Huobi Wallet to Support MakerDAO Tokens, Decentralized Applications

Huobi Wallet has added MakerDAO’s various offerings to its list of supported assets and services. Major cryptocurrency exchange Huobi has added support for MakerDAO tokens and decentralized apps (DApps) in its wallet.  Huobi Group shared the announcement with Cointelegraph on Aug. 19. MakerDAO has a stablecoin called Dai, a token named MKR, and applications including...
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Israeli Financial Authority to Accelerate Blockchain, Fintech Licensure

A department of the Israel Ministry of Finance is looking to drive fintech competition with industry teams and licensing help. The Capital Market, Insurance and Saving Authority, a division of Israel’s Ministry of Finance (MoF), is looking to accelerate the process of procuring licenses for blockchain and fintech companies in the country. Israeli business news...
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New York Court Rules That State Attorney Has Jurisdiction Over Bitfinex

The New York State Supreme Court has ruled that Bitfinex is in the jurisdiction of the state’s Attorney General, allowing for a continuation of its investigation. The New York State Supreme Court has ruled that the New York Office of the Attorney General (NYAG) has jurisdiction over cryptocurrency exchange Bitfinex. According to a court filing...
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Decentralized Prediction Markets: Gambling or a Window to the Future?

Blockchain-powered prediction markets attempt to change the world, from politics to science, by creating digital democracies with a new age of financial tools. Recently, there have been an increasing number of blockchain-based prediction markets (PMs) such as Augur, Bitcoin Hivemind, Amoveo, Gnosis, Cindicator, etc. PMs use the technology of smart contracts for bets on various...
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Fidelity Charitable Received Over $100M in Crypto Donations Since 2015

Independent public charity Fidelity Charitable has received $100 million in cryptocurrency donations since 2015. Independent public charity Fidelity Charitable has received $100 million in cryptocurrency donations, according to its recently published report. In its “2019 Giving Report,” Fidelity Charitable illustrated account development throughout 2018, and provided insights into its growth since its establishment. Generally, the...
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Ethereum Price (ETH) Trading Near Make-or-Break Levels

ETH price extended its recent upward move and tested the $202 resistance against the US Dollar.The price is struggling to gain bullish momentum above the $202 resistance area.There is a short term ascending channel forming with support near $198 on the hourly chart of ETH/USD (data feed via Kraken).The pair could decline a few points,...
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Maltese Crypto Exchange CGEX Shuts Down After Temporary Terminations

Coinone Global Exchange (CGEX), a Malta-based crypto exchange launched by major South Korean exchange Coinone, will terminate its service in mid-September. Less than a year in operation According to an announcement on Aug. 12, the exchange will shut down services at 2:00 a.m. UTC on Sept. 18. CGEX initially launched in October 2018. CGEX placed...
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Bitcoin Bulls Bask in Latest Legal Defeat for Bitfinex & Tether

The New York Supreme Court ruled that the matter between the state’s Attorney General and Bitfinex parent company iFinex can continue. The bitcoin price rose 5 percent in response. | Source: Shutterstock; Edited by CCN By CCN Markets: The bitcoin price moved higher on new legal developments in the ongoing wranglings involving Bitfinex and Tether....
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The Bitcoin Skeptic: Bitcoin Isn’t a Hedge for Anything

Bitcoin is not a hedge for anything because its volatility actually adds risk to every single scenario a portfolio manager can create. | Source: Shutterstock By CCN Markets: As the bitcoin skeptic here at CCN, my job is to provide counter-arguments to the bitcoin bulls. Today I’m going to debunk the claim that bitcoin is a...
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E-commerce Platform AllForCrypto Launches Along With Associated Cryptocurrency

A new marketplace, called AllForCrypto launched earlier this year. Their basic business model is fairly straightforward, but promising. The idea is a peer-to-peer online marketplace using cryptocurrency and blockchain technology. So, what does the business look like, and how does it work? What Is AllForCrypto? Earlier this month, AllForCrypto also launched their Initial Exchange Offering...
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ICONLOOP applies blockchain certificate issuance service to Korean art purchasing platform

ICONLOOP, one of the largest blockchain networks in South Korea, has announced today it will apply its blockchain-based certificate issuance service ‘broof’ to ‘ARTnGUIDE’, the first online service platform in Korea for co-purchasing works of art operated by Yeolmae Company. This partnership aims to prevent forgeries and theft by recording ownerships of jointly purchased works...
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Spanish Police Hits Hard on Bitcoin ATMs

In the mid of July 2019, Bloomberg published a stunning report which indicated that Spanish LEAs are quite concerned regarding the fraudulent use of Bitcoin ATMs. To be very specific, the local forces pointed out an array of glitches in Europe’s AML provisions, which ultimately facilitate the people from the underworld to carry out their...
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Ethereum Breaks Recent Downtrend Resistance Line as Buyers Step Up

Ethereum’s price action has been closely tracking that of Bitcoin over the past several days, and ETH has been able to post a strong recovery from its recent drop to below $185.Analysts are now noting that Ethereum’s ability to break above the key resistance level of $200 may be emblematic of a shifting short-term trend,...
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What is ParJar?

Crypto-related services tend to become popular during the first few months. Sustaining such a trend is often very difficult Convenience plays a crucial role for users across the globe. ParJar might be checking a lot of the right boxes in this regard. The Telegram-based service allows for conveniently exchanging dozens of cryptocurrencies. The ParJar Service...
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Bitcoin (BTC) $ 93,996.18 0.36%
Ethereum (ETH) $ 3,264.60 1.78%
Tether (USDT) $ 1.00 0.04%
XRP (XRP) $ 2.30 2.03%
BNB (BNB) $ 690.72 1.05%
Solana (SOL) $ 189.95 2.14%
Dogecoin (DOGE) $ 0.329593 2.53%
USDC (USDC) $ 1.00 0.01%
Cardano (ADA) $ 0.925576 0.74%
Lido Staked Ether (STETH) $ 3,261.61 1.93%