It is no secret that for the past several years most major technology companies have been researching blockchain systems, with many looking for a pathway to enter and profit from the space. IBM has clearly been at the forefront of this movement, with a myriad of blockchain projects under development, and partnerships with institutions seeking...Read More
Key Highlights ADA price breaks out from the symmetric triangle The price of Cardano is set to continue the downward fall The cryptocurrency’s price fall may suggest consolidation in the oversold zone Cardano Current Statistics The current price: $0.045 Market Capitalization: $1,183,168,314 Trading Volume: $43,318,086 Major supply zones: $0.05, $0.06, $0.07 Major demand zones: $0.03,...Read More
California Government Operations Agency (CalGovOps) Secretary, Marybel Batjer has selected Camille Crittenden to Chair the state’s 20-man blockchain working group which has been mandated to explore the possible use cases of distributed ledger technology (DLT) in the state and present a report of their findings to the Legislature by July 1, 2020, reports Enterprise Times...Read More
Nexo paid out $2,409,574.87 to token holders and reported an annualized dividend yield of 12.73%. Crypto lending firm Nexo has paid its token holders a total of $2,409,574.87 in dividends. Nexo reportedly has reached an annualized dividend yield of 12.73%. Nexo announced the completion of its dividend payments in a press release on Aug. 16....Read More
A Bitcoin SV developer has announced chatting and consulting services for other Bitcoin SV devs seeking help. Bitcoin SV blockchain developer and blockchain organization service Open Directory creator synfonaut has launched a consulting service called Office Hours. This service connects developers in need of assistance with experienced Bitcoin SV devs, for help on Bitcoin SV...Read More
A branch of U.S. Customs and Border Protection will test blockchain-based shipping for licensed shipping partners. A United States Customs and Border Protection (CBP) advisory committee, is planning to launch a live test of its blockchain-based intellectual property rights proof of concept. The Commercial Customs Operations Advisory Committee (COAC) will run its tests from late...Read More
FinCEN director Kenneth Blanco urged casinos to follow the agency’s guidelines in regards to suspicious convertible virtual currency activity. Kenneth A. Blanco, the director of the Financial Crimes Enforcement Network (FinCEN), has urged casinos to follow the agency’s guidelines in regards to suspicious convertible virtual currency (CVC) activity. During his speech at the 12th Annual...Read More
Who are the biggest hedge funds operating in crypto today and how much do they have invested in crypto and blockchain firms? The total market cap for all cryptocurrencies stands at $293 billion, and while much of this value has been generated by individual traders buying and selling their own private stashes of crypto, it’s also...Read More
CoinGecko has joined a blockchain analytics network focusing on anti-money laundering and know your customer issues in an effort to improve its exchange transparency services. Crypto market aggregator CoinGecko has joined the network of blockchain analytics and anti-money laundering (AML) company Coinfirm. This partnership will reportedly allow CoinGecko to improve its exchange Trust Score algorithm,...Read More
New York, August 2019 – Particl is launching its marketplace at 8 am EST on Monday, August 12, 2019. It is an entirely decentralized ecosystem built around a native privacy coin, PART. Particl wants to fix the biggest issues still plaguing crypto: the inability to effectively spend cryptocurrencies without friction and with the full guaranty...Read More
Robots will continue to play an increasing role of importance in human society. Which shape these mechanical creatures will take, remains to be determined. Astro, a very popular robot dog, has received a noteworthy upgrade. It is also the only quadruped robot with an actual head to resemble a physical dog. This unit is now...Read More
Bitcoin Price Analysis (BTC/USD) On an intraday chart, the price of BTC/USD pair has further dipped from the previous price of 10473.00 and is currently changing hands at $9917.57 that translated to an intraday dip of 5.3%. The bulls seemed to have lacked the means or strategy to pull up the market momentum. This was...Read More
Turkey interest in bitcoin remains robust as the economy struggles to recover from the collapse of the lira from 2018. | Source: Shutterstock By CCN Markets: Turkey likes bitcoin more than any of the other 14 nations polled in a recent survey by Dutch banking group ING. Sixty-two percent of Turks were crypto positive, while...Read More
In the world of crypto trading, timing and exposure are everything. Broader access to information, quicker links to trading markets and faster execution of trades are key factors. The volatility of cryptocurrencies, their markets and round the clock open trading means that a trader has to be on his or her toes at all times....Read More
Hivereck, a London-based software solutions company, has developed an innovative yet simple trading bot to easily manage arbitrage trading. The market-leading bot is suitable for both novice and professional cryptocurrency traders — leveling the playing field with its simplistic algorithm. Arbitrage trading is on the rise and is being used more frequently by Altcoin and...Read More
FreeBitco.in, the oldest bitcoin faucet after 6 years of continuous operation, have announced that they will be giving away a Lamborghini Huracan as one of the potential prizes in their Golden Ticket Competition. Owning a lambo has been one of the many desired status symbols that has come from the HODL culture surrounding cryptocurrency. For...Read More
The ethos of the cryptocurrency industry has always been laced with the ideals of success and financial freedom that transcends current economic standards. These are often portrayed in the ‘when moon’ or ‘when lambo’ chants – a common lingo among cryptocurrency enthusiasts. While each crypto proponent may have a personal crypto statement, however, one common...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The second cryptocurrency in terms of capitalization, the Ethereum, continues a declining correction. The test of the important support level of $165 is close; if it happens, the buyers will have to demonstrate a bounce in order to prevent further decline. It is possible that the ETH is...Read More
Privacy-focused cryptocurrency Zcoin is now available for spending in Thailand at any merchant registered with the Thai QR code system through Satang App. According to an announcement published by Zcoin on Aug. 15, over 50 million users of Satang App can now use Zcoin at local merchants both in-store and online by scanning a QR...Read More
More than half the world’s economies have inverted yield curves, which is a dire signal that a global recession may be on its way. | Source: Shutterstock By CCN Markets: Fifty-three percent of countries that offer sovereign debt currently have inverted yield curves, according to one economist. If the percentage gets much higher, there is...Read More
The long-awaited Bakkt platform has finally been given an official launch date. The regulated Bitcoin futures platform will go live on September 23, 2019.Naturally, the Bitcoin and wider cryptocurrency community has greeted the news with optimism. The price of Bitcoin has responded favourably in the short time since Bakkt made the announcement too.Wait, Weren’t There...Read More
Bakkt, by ICE, wants to make Bitcoin as mainstream by allowing its futures to be traded on Wall Street under the regulation of the U.S. Federal Government. After numerous delays and setbacks over the last year, today Bakkt’s CEO announced that they are officially launching their product on the 23rd of September 2019. Following several...Read More
Over the past couple of days, investors have grown fearful regarding the possibility of a massive Chinese Ponzi scam dumping the significant amount of Bitcoin (BTC) that they hold in wallets onto the markets, which may have contributed to the recent downwards pressure experienced by the entire crypto markets.Now, new data suggests that a small...Read More
Gold never goes out of fashion. A major global market, estimates suggest that almost $3 trillion is held in physical stores by investors and banks, with a further $400 billion in trading volume. The investment proposition is undoubtedly a compelling one – a liquid asset and a strong driver of global economies, this precious metal...Read More
It has been a tough 24 hours for XRP and Ripple. Over the last 24 hours, Ripple has suffered a massive devaluation for over 10 percent, taking its valuation to a a new low for 2019. However, Xpring, Ripple’s XRP adoption initiative, recently revealed a collaboration with Coil and announced that Xpring had granted 1...Read More
Bakkt has won approval from US regulators to trade physically-settled bitcoin futures, a move many believe would legitimize the cryptocurrency industry before institutional investors. The Intercontinental Exchange’s subsidiary announced on Friday that the New York Department of Financial Services (NYDFS) had given them clearance to acquire a New York state trust charter. That would provide...Read More
Crypto exchange Coinbase disclosed a potential vulnerability Friday, announcing that a tiny fraction of its customers’ passwords were stored in plain text on an internal server log. However, the information was not improperly accessed by outside parties, the exchange said. In a post-mortem shared with CoinDesk, Coinbase outlined “a password storage issue,” impacting less than...Read More
Ethereum core developers finalized late Thursday a list of six different code changes to be activated for ethereum’s next system-wide upgrade, Istanbul. As agreed in prior meetings, Istanbul will be executed in two parts. The first, which will feature all six code changes, or ethereum improvement proposals (EIPs), is tentatively expected to execute on ethereum...Read More
The director of the Financial Crimes Enforcement Network (FinCEN) said the casino industry needs to up the ante on reporting suspicious activities related to digital currencies. Speaking at an Anti-Money Laundering Conference in Las Vegas on August 13, FinCEN director Kenneth Blanco said the agency has not received the amount of suspicious activity reports (SARs)...Read More
The Australian Tax Office (ATO) has sent out warning letters to investors who have placed the majority of their retirement savings in cryptocurrencies. As part of an ATO effort to warn against high-risk retirement investment strategies, 18,000 holders of Self-Managed Super Funds (SMSFs), a type of retirement account privately managed by individuals, were told they...Read More
