[embedded content] A co-founder of LinkedIn and a member of the PayPal Mafia, Reid Hoffman, released a new rap video describing a competition between central banks and cryptocurrency. His “epic rap battle” begins with presenting the U.S. Founding Father and first Secretary of the Treasury – Alexander Hamilton, and, of course – Satoshi Nakamoto (don’t...Read More
China’s state-backed digital currency is almost ready for launch, but apart from the fact that it would act as a stablecoin pegged against the country’s national currency, there is not much information on the project. However, as per the latest report from Reuters, the Chinese national digital currency could bear some similarity with Facebook’s aspirational...Read More
Amanda B. Johnson, Chairperson of the Dash Investment Foundation (DIF), is in the news after it announced on its YouTube channel that it would be ready to make its first funding proposal for investment-related activities. Johnson also spoke about strategy, funding policies and the Foundation’s plans for transparency. According to Johnson, the DIF is prepared...Read More
Stablecoin was crypto community’s answer to Bitcoin’s volatile market conditions, which managed to deliver some sense of stability within the ecosystem. The first and most controversial token in this space, Tether, has caught unwanted attention as one the company’s co-founders, William Quigley, mentioned something controversial. The information was highlighted on Twitter by @lisaabramowicz1, who tweeted,...Read More
Litecoin bulls continued to hover below its previously strong support zone around the $70 mark, despite subtle signs of recovery. After undergoing major losses in August this year, Litecoin, the fifth-largest cryptocurrency by market cap, might be heading for an upward breakout. At press time, Litecoin held a market cap of $4.14 billion and a...Read More
BUSD will be available for direct purchase and redemption 1:1 for U.S. dollars on the Paxos platform and for trading against Bitcoin (BTC), Binance Coin (BNB) and Ripple’s XRP on Binance.com. Paxos Trust Company, a regulated financial institution that digitizes and mobilizes assets, and global cryptocurrency exchange and blockchain ecosystem, Binance, announced their partnership regarding...Read More
While there is no concrete plan to make any specific crypto moves, an Apple Pay executive has just confirmed that the company is paying attention to the sector. Hopefully and at some point, Apple Pay will support cryptocurrency. Apple has not been very forward regarding cryptocurrency and blockchain technology in general. A recent report from...Read More
The Abyss will use Waves’ blockchain technology for building a universal marketplace of all tradable goods and in-game items offered by its partner game developers through their games. This is the first platform of its kind. Users will also be able to buy available items with Abyss tokens and sell it to others. This will...Read More
Propy, a blockchain-based real estate platform, has announced a partnership with one of the leading escrow providers in Japan. In collaboration with Escrow Agent Japan, Propy will launch a blockchain-based real estate transaction platform to record sales with Japan’s Legal Affairs Bureau. This will remove the existing time lag for registration, fulfilling Propy’s promise of...Read More
XRP fans have started a satirical petition calling for Ripple to increase its ‘dumping’ of XRP. Mocking the language of Ripple CEO, Brad Garlinghouse, they urge Ripple to ‘Unleash the Utility!’. This follows a less ‘tongue-in-cheek’ petition earlier this week aimed at preventing Ripple dumping billions of XRP and crashing price. A Groundswell Of Cynicism Yesterday, a Twitter user...Read More
As Buterin said, Ethereum 2.0 aims to run ‘tens of thousands of transactions per second’ and he is sure that the new network will facilitate a number of on-chain transactions while maintaining key aspects of decentralization and security. At the beginning of next year, the launch of the initial phase of Ethereum 2.0 is taking place....Read More
The current state of the altcoin market is woeful, to say the least. The majority of crypto assets are still down over 80% from last year’s all-time highs and most of them are looking to remain there for a while longer. The bottom line is that many are destined to die and will get usurped...Read More
Brexit is going to end soon. How will Fintech Companies fare in the UK post-Brexit? Is Brexit good for cryptocurrencies or bad for it? Brexit has been on the front burner for most of the past two years. Theresa May has already resigned following her inability to make Brexit happen. Boris Johnson is facing the...Read More
A devoted team of the PBOC’s Digital Currency Research Lab is currently setting up its digital currency system in a restricted environment aiming to launch it before Facebook’s Libra enters the market. After Facebook unveiled the white paper for its Libra Project in June, the People’s Bank of China (PBoC) got working. The PBoC is...Read More
Zcash Foundation, the non-profit organization behind the privacy-focused cryptocurrency, has been at the center of an ongoing controversy pertaining to the use of the “Zcash” trademark. As per the initial plan, both Electric Coin Company (ECC) and Zcash Foundation would have equal control over the use of the trademark. However, ECC soon decided that the...Read More
The Marshall Islands have decided to issue their cryptocurrency. Formerly, the pacific Nation had used the US Dollar solely as currency. This time, they have decided to issue their own based on its own blockchain. With a population of just under 60,000 people, the need to use a cryptocurrency might sound a little weird to many...Read More
Tron completed the first phase of the buy-back plan it had announced two months ago. This phase is in line with measures being taken to prevent the plummeting prices of Tron on the cryptocurrency charts. With a number of projects set in motion to boost Tron’s presence in the crypto-ecosystem, the successive release of BTFS,...Read More
While cryptocurrency’s volatile market stands as another road block for new investors, Bitcoin and its altcoin competitors continue to set new records in various niche metrics. According to the latest report from Coin Metrics, the market cap for BTC, ETH, XRP, LTC, and BCH decreased while witnessing a spike in the transaction count. Moreover, it...Read More
The altcoin market is currently in crisis mode, with most of the various individual crypto assets outside of Bitcoin reaching new yearly lows, and in general, bleeding out all remaining value generated during the 2017 crypto hype bubble.The post appeared first on NewsBTCRead More
Alongside several financial and non-financial institutions finally embracing crypto, successful entrepreneurs from other business sectors have also taken the leap, with many launching their own brand of new cryptocurrencies. One of the most prominent figures in this space is renowned musician and record producer, Akon, who made a rare appearance in an interview to discuss...Read More
After a bearish crypto-winter towards the end of 2018,, the market regained some modicum of bullish momentum this year. Off late, the king coin has struggled to stay above $10,000, with its price oscillating within the range of $9,400 and $12,000. Owing to this movement, altcoin volume has dipped to all-time lows, with the world’s...Read More
Bitcoin’s recent surge into the $10,000 region has closely coincided with a surge in the cryptocurrency’s dominance over the aggregated crypto market, which hit a fresh two-year peak this week. This surge in dominance has primarily been driven by lackluster price action amongst most major altcoins.Importantly, analysts are now noting that altcoins may be close...Read More
Altcoins will return to prominence as Bitcoin market cap share is bound to decrease, cryptocurrency exchange Binance has stated. Binance: Bitcoin Dominance ‘Sticking Around’ In its latest bulletin which went live on September 4, Binance Research, the exchange’s analytics arm, repeated claims made in July that Bitcoin’s current market dominance would not last indefinitely. Officials...Read More
The last 3 weeks have been anything but fruitful for XRP’s valuation in the market. On 14 August, XRP breached its long term support of $0.291 and the price recorded its year-to-date low. At press time, the token had depreciated by 11.22 percent over the last three weeks and XRP’s price was at a low...Read More
Huobi has announced the 6th IEO on Huobi Prime, featuring Whole Network’s NODE token and the Acute Angle phone. Whole Network is a Chinese company which developed an Android-based blockchain phone, with a wide range of features developed for cryptocurrency traders. The device incorporates programmable price alerts that work even when the phone is locked,...Read More
While Bitcoin price makes a comeback, XRP community investors warn Ripple overselling the XRP tokens as part of the company’s investments. After last week’s poor performance, Bitcoin is back in action swinging above $10,500 levels. Bitcoin price started gaining momentum since Monday, September 2 and added $1000 over the last 24 hours. The Bitcoin price...Read More
Huobi plans to dive into the hardware applications market introducing an affordable blockchain smartphone, Acute Angle, which will come with a built-in crypto wallet and a plethora of other crypto products. Huobi plans to dive into the hardware applications market for the first time. This announcement will take place on September 11 during the sixth...Read More
Franklin Templeton wants to have a go at using cryptocurrencies as a tool for investments in a new fund. This will mainstream cryptocurrencies in general and Stellar in particular. Is this the beginning of the big bang we have all been waiting for? While it may sound like something surreal, Franklin Templeton Investments, which is...Read More
Virtual assets have evolved over the past decade. The entire concept began as an idea of a financial asset for a peer-to-peer transaction. However, over time, different crypto-projects have entered the cryptospace, with the likes of stablecoins, exchange-launched tokens, dApp tokens and privacy coins gaining popularity quickly. The working principle of privacy coin hardly differs...Read More
Tron (TRX) appears to be fading fast as the project’s Twitter engagement slumps to near all-time lows and TRX price struggles to find bullish support. Tron Fans Depart The vast community of an otherwise well-hyped Tron is depleting at an increasingly faster rate, as brought to notice by The Tie. The crypto data analysis firm...Read More
