The price of Ripple (XRP) is up by 1.34% in the last 24 hours, although trading remains in the descending channel. Ripple’s XRP bulls seemed to be assuming control of the market following the recent price increase In the last 24-hours, the entire crypto market has seen a little shake-up, making the top coin projects...Read More
Despite the promises of crypto analysts and institutions like Goldman Sachs, Bitcoin price continues to hover around low 5 figures. What’s going on? After struggling to hold above the $11,000 point earlier this week, Bitcoin price, at last, succumbed to selling pressure and dropped below $10,000 for the second time in three weeks. Prior to...Read More
Stellar Fights, Delawares premier MMA promotion, returns with a stacked card from top to bottom with some of the regions top amateur talent. Stellar Fights 43 returns to Harrington, Delaware at the Delaware State Fairgrounds Exhibit Hall for a night of fights that won’t soon be forgotten. Headlined by two Baltimore natives, Brandon Johnson (Baltimore...Read More
Blockchain investors’ tastes are changing, it appears. A new report reveals some interesting numbers regarding the quantity of money flowing into blockchain since 2013, with more than $23 billion mostly piling into early-round investment. A shift is taking place in terms of which geographic regions and vertical segments of the industry are seeing investment beyond...Read More
A Facebook partner is spying on its own traumtized content moderators, giving us even more reasons to distrust Mark Zuckerberg’s company. | Source: AFP PHOTO / Brendan Smialowski Facebook released a video last year apologizing for its data misuse that likely swayed the 2016 election. It ends by saying “if this place does what it...Read More
Making cryptocurrency and blockchain payments more viable remains an ongoing battle. Bitcoin’s Lightning Network offers some relief, yet opinions on this technology remain somewhat divided. StarkPay is a new solution which aims to provide scalable and non-custodial blockchain payments to everyone. The bigger question is if all of this is even viable when looking at...Read More
Bitcoin (BTC) has incurred a significant amount of volatility as of late which was perpetuated yesterday by news regarding the release of Bakkt’s physically settles Bitcoin futures product, which many investors view as a bullish development for the entire markets.In addition to this, growing interest from China may help Bitcoin’s price climb higher in the...Read More
Ethereum is currently focused on upcoming hard fork Istanbul. However, this upcoming hard fork will not include the most-talked-about Ethereum Improvement Protocol, ProgPow. The main reason behind this move can be attributed to the security audit of the protocol. ProgPow has been one of the most-awaited upgrades as the protocols aim to tackle ASIC mining....Read More
Brian Armstrong talked about institutional investors in the cryptocurrency space on Twitter earlier this week, saying the question of whether or not institutions will adopt cryptocurrencies has been answered. Coinbase is reportedly seeing hundreds of millions of dollars per week pouring in from legacy financial institutions. Custody Woes The main issue cited by institutions looking...Read More
Summary: After a very strong round of selling that dropped the price almost $2,000 in just a couple of days, the market managed to find support at an important macro level. The support rally marked a third, higher high for our current market and it rallied on very high volume and spread. The market is...Read More
U.S. District Court Judge Beth Bloom has rejected Craig Wright’s motion to dismiss a lawsuit against him, primarily based on a perceived lack of credibility on his part. Craig Wright, the creator of Bitcoin Cash fork Bitcoin SV and the self-proclaimed true identity behind Satoshi Nakamoto, the pseudonymous creator of Bitcoin, has long been a...Read More
Bakkt has announced that it will be launching its bitcoin futures trading platform in September 2019. In a blog post published on August 16, 2019, the cryptocurrency trading company announced that its long-anticipated futures product will be going live on September 23, 2019, following approval to create a qualified custodian trust company from the New...Read More
South Korean cryptocurrency exchange Coinone has released a set of criteria for digital currency projects to be listed on the exchange. South Korean cryptocurrency exchange Coinone has released a set of criteria for determining whether to list new digital currency projects on the exchange. In a blog post published on Aug. 8, Coinone described nine...Read More
In a bid to remind 18,000 retirees under Self Managed Super Funds (SMSFs) of their legal duty to invest their retirement savings cautiously, the Australian Tax Office (ATO) has begun sending stern letters to some of these individuals whom have chosen to spend over 90 percent of their retirement savings in a single asset class...Read More
The national tax authority of New Zealand, the Inland Revenue Department (IRD), has recently published binding rulings and guidance for salaries and bonuses paid in crypto, made under s 91D of the country’s Tax Administration Act of 1994. This ruling applies only to salary and wage earners and not to self-employed individuals, and only for services...Read More
2018 was a year to forget for the virtual asset industry. A majority of the assets were impacted by crypto winter which had prevailed after the bullish run in late 2017. In light of that situation, 2019 has been a positive year for digital currencies. Ethereum improved its valuation by almost 45 percent at press...Read More
The future belongs to those who prepare for it, and the long term of XRP demands preparation for a fall. The coin’s performance in the bull’s market has been bearish and with the fall of Bitcoin, the coin also registered a fall on August 14. Despite several tries, no relief was in sight for the...Read More
Digital silver has not had the best couple of weeks. With anticipation about its block halving raising its price by over 300 percent in 2019, the event itself saw bearish price movement. Litecoin, after reaching a high of over $140 in price two months prior to the halving, has seen a slump since. At press...Read More
If just 0.023% of Bitcoin addresses hold 50% of the total wealth, isn’t the new boss turning out to be a lot like the old one? | Source: Shutterstock By CCN Markets: Research released by blockchain analysis group PARSIQ this week did much to weaken Bitcoin’s image as a global freedom currency. The findings detail...Read More
Another week, another of Crypto Tidbits. While this week was crazy bearish for the Bitcoin price, the fundamental developments seen made up for the market collapse. Bakkt revealed that it will be finally launching its Bitcoin futures product; Coinbase made a large acquisition of a facet of Xapo; and Binance revealed that it will be...Read More
Record low and negative interest rates have put commercial banks in a difficult spot. Across Europe, they have been passing the burden to their clients. Some have introduced fees for those with large account balances, while others are punishing everybody equally. In any case, some bankers fear this could lead to withdrawal of large amounts...Read More
Ethereum-based layer-two blockchain scaling platform nahmii has onboarded the Norwegian Block Exchange (NBX) as the first member of its governing association, according to a press release shared with Cointelegraph on Aug. 16. Created by Hubii, nahmii is designed to solve the transaction speed issue on the Ethereum network, which can reportedly manage only 15 transactions...Read More
Netflix seems to be getting increasingly desperate with its choices for original programming. Do we really need an Elvis Spy series? | Source: (i) AP Photo, file (ii) Shutterstock; Edited by CCN By CCN Markets: Netflix is facing increasingly intense competition from multiple other streaming services. Whereas Netflix once seemed to be creating high-quality, intelligent,...Read More
Ethereum Classic Labs’ Stevan Lohja says that many top cryptos would be “rekt” by Ethereum Classic (ETC) if it removed “Ethereum” from its name. In a tweet posted on Aug. 11, Lohja — who works as technology coordinator at Ethereum Classic Labs — wrote: “Opinion: Many #cryptocurrency in the top market cap would be absolutely...Read More
Photo: Pixabay Last week we reported how China is preparing their own digital currency dubbed CBDC after five years they have been working on it. However, after the analysis of over 50 patent applications that were filed by the People’s Bank of China, it has become clear that the pattern of this digital currency will...Read More
Cardano (CURRENCY:ADA) traded up 4.7% against the U.S. dollar during the 24 hour period ending at 8:00 AM E.T. on August 17th. One Cardano coin can now be bought for $0.0477 or 0.00000460 BTC on cryptocurrency exchanges including Cryptohub, Bitbns, ABCC and Gate.io. Cardano has a market capitalization of $1.24 billion and approximately $40.09 million...Read More
‘She’d go into the bathroom and come out and hit me’: Veteran journalist Mike Munro reveals he suffered beatings at the hands of his closet alcoholic mother as a child By Marta Jary For Daily Mail Australia Published: 14:51 BST, 17 August 2019 | Updated: 15:21 BST, 17 August 2019 Mike Munro has revealed that...Read More
LTC has been down by 1.03% over the last 24 hours, and with four major price swings, the value of each coin has been traded from 76.32 USD to 74.28 USD. Here is an analysis of the Litecoin price movement. Current Statistics of Litecoin Litecoin (LTC) 17th August 05:02 UTC Rank 5th ROI (Return on...Read More
Move over, Craig Wright! The “real” Satoshi Nakamoto vows to reveal himself this week and claims he’s hodling 980,000 bitcoin. | Source: Shutterstock By CCN Markets: Move over, Craig Wright! The “real” Satoshi Nakamoto vows to reveal himself as the true inventor of bitcoin over the next few days. What’s more, the “real” Nakamoto claims...Read More
Can the unstoppable force move the immovable object? Since the dawn of time, innovation is viewed from two different perspectives. One from the perspective of the innovator, and the other from the perspective of the innovation enforcer. With the world moving at such a fast pace, the unwritten rule is: innovate or perish, and in...Read More
