Binance has announced crypto futures platforms to be tested by users for a period of 5 days. Binance plans to give out over $200,000 to participants and will deploy the winning platform upon completion of the competition. Easily the largest cryptocurrency exchange platform worldwide, Binance has now announced the launch of two test platforms in...Read More
Facebook’s Libra continues to face resistance from institutions across the globe. Yves Mersch, ECB Board Member, was the new entrant to join the list of Libra’s critics. Yves Mersch, who is a former Governor of Luxembourg Central Bank, believed that the proposed virtual asset’s launch could weaken European Bank’s ability to introduce monetary policies and...Read More
Justin Sun’s Tron Foundation has time and again exhibited its dominance in the DApp space. Most recently, Tron added six new DApps into its network and currently shelters a total of 568 DApps. Irrespective of the several developments and progress of the Foundation, Tron’s native cryptocurrency, TRX had a tough week as the coin was...Read More
Popular boxing welterweight champion, Manny Pacquaio, has just launched his own cryptocurrency. The ‘PAC’ tokens will be listed on the GCOX in Singapore and will allow fans to interact with the superstar as well as purchase merch. In recent times and with the adoption of cryptocurrency growing at a steady rate, there has been no...Read More
Messaging platform Telegram recently announced the launch of its native cryptocurrency, GRAM. The company revealed that the messaging giant’s blockchain would be compatible with Ethereum which would further allow users to operate Ethereum’s DApps on the Telegram blockchain through Solidity. The Telegram Open Network [TON], which is Telegram’s blockchain will publicly debut its testing today...Read More
A recent report from Binance Research has looked into the potential characteristics that can be expected for the proposed digital currency of China. As members of China’s government and central bank have indicated, this digital currency will utilize a ‘hybrid’ system that includes blockchain features and other operating technologies. The market analysis and research arm...Read More
Slow and steady, wins the race, the popular adage holds true for Bitcoin and FAANG stocks. Drawing parallels between the fable and current market, FAANG stocks emulate the speedy hare, one-directional and over-confident. While the slow tortoise can be envisioned in Bitcoin, always persistent and sets its own pace. The tortoise of this race, Bitcoin,...Read More
Obviously, it’s still just about the end of summer, so French air traffic controllers have decided to go on strike. Maybe there would be less annual havoc across Europe’s skies if they ‘paid them in Bitcoin’? Bitcoin Price: Yet More Consolidation So BTC has spent another week trading sideways in a band around $10k. Whilst...Read More
Social media giant, Facebook’s dramatic entry into the crypto-sector diverted the attention of the world towards the ecosystem. Even as Facebook struggled to receive support from lawmakers, several people from the crypto industry expressed their support toward Libra. Citing Facebook’s strong global reach, the community regaled benefits of the social media giant’s entry into the...Read More
The Tron Foundation became part of the cryptospace in 2017 and regardless of its late entry into the ecosystem, the Foundation hasn’t steered away from the spotlight. Owing to his clever and relentless marketing, CEO Justin Sun has managed to retain public excitement for the ecosystem. Tron’s dominance in the DApp space is undefeatable, nevertheless,...Read More
Compeititon is the currency of success in the crypto-community, and the proponents of one virtual asset often draw out comparisons with others to establish their own supremacy. Charlie Lee seems to have fallen in the the same group as in a recent Twitter thread, the creator of Litecoin re-ignited the Dash-Litecoin debate after taking a...Read More
A new tool for crypto hedge funds is in the works. This will provide accurate investment choices for these institutional members of the crypto-verse. Billionaire Alan Howard is the mastermind of this innovation. Superstar Hedge fund manager Alan Howard has decided to create a unique enterprise which will forever change the crypto space. Created by...Read More
Cardano’s Shelley has been one of the most anticipated development projects for the virtual’s asset ecosystem. IOHK’s Charles Hoskinson has released a series of updates, with regards to the progression of the project in his recent AMA. It was reported earlier that Shelley’s testnet program would be categorized into three phases and according to Hoskinson,...Read More
The Electric Coin Company’s privacy-focused coin, Zcash, was in the news lately after the San Francisco-based cryptocurrency exchange, Coinbase, announced that it no longer supported the altcoin for UK customers. The exchange did not disclose any details for the delisting of the coin, which in turn led to several speculations by the crypto-community. A recent...Read More
According to some reports, Telegram Open Network (TON) will be compatible with Ethereum. The company is set to release the code to run a node on the Telegram Open Network (TON) on Sunday. It seems that Telegram messenger is planning to begin public testing of its long awaited blockchain, TON (the Telegram Open Network) on...Read More
Litecoin is facing death by the cross. Litecoin’s 2019 has taken a sharp U-Turn. Hailed as one of the top gainers among large-cap cryptocurrencies in the market, the fifth largest coin is staring down at an imminent bearish run. The digital silver’s massive gains of 2019, which took it to a 320 percent price high...Read More
Photo: Shutterstock When cryptocurrency mining became the talk of the crypto sphere, a lot of holders went into it without having to think about the cost of setting up the expensive equipment required to mine coins. Not only was the equipment for mining expensive, but it also generated a lot of heat whilst consuming large...Read More
People’s Bank of China (PBOC) central bank digital currency (CBDC) will allegedly be backed 1:1 by renminbi fiat as well as follow a two-tiered structured system with the bank, commercial banks, and retail market participants. This week China fixed the daily midpoint rate for the yuan at levels that haven’t been seen for more than...Read More
The news of Tron CEO Justin Sun’s much-awaited lunch with Warren Buffett created a lot of waves within the Tron community today after it was revealed that it is still on its course. Another positive development is that TRX got listed on IDAX exchange, a move which will boost the token’s presence in the market....Read More
The twelveth largest coin by market cap in the cryptocurrency market, Monero is well known for its privacy and anonymity features. The coin was recently in the news after being listed on Binance’s margin trading platform. In more good news for the privacy coin’s active community, Monero [XMR] was added as a payment option on...Read More
Ethereum’s performance in the DApp space has dropped over time, despite the fact that users were bound to rely on Ethereum’s Solidity to build DApps. In spite of it being a prominent smart contract programming language, users have often had issues with the platform. In order to up its DApp game, Ethereum Classic Labs, the...Read More
This week, the “altcoin annihilation” really ramped up, despite already causing such devastation to crypto investors. The selling pressure and negative sentiment were enough to also drag Bitcoin price down as well.The post appeared first on NewsBTCRead More
Stellar Lumens [XLM] currently stands as the world’s tenth largest cryptocurrency by market cap. At the time of writing, XLM was valued at $0.0629 with a market cap of $1.24 billion. While the price of the coin has fallen since the beginning of the year, it recorded a 1.17% increase in price over the last...Read More
Luis Cuende is not impressed with Libra, or other corporate efforts to enter the world of cryptocurrency. “[T]his is bullshit,” he says. “I didn’t get into crypto because I wanted to work for Facebook.” Cuende leans forward in his chair and stares intently. “I’d rather crypto doesn’t go mainstream than give up on my values,”...Read More
If you live in Switzerland, blockchain technology could become part of your next shopping trip. Migros, the largest Swiss retailer, is implementing a “blockchain-based traceability system” to trace fresh ingredients. The new system will help the company keep track of its supply chain, tracking fruit and vegetables from from suppliers to the grocery store counter. ...Read More
In any financial trading space, market sentiment plays a huge role in deciding the outcome or direction of the price over a certain time period. In the cryptocurrency ecosystem, market sentiment is even more evident and sometimes, it is more important than the fundamental properties of the coin itself. Bitcoin, the world’s largest cryptocurrency, usually...Read More
UK asset management firm Elwood plans to develop a giant $1 billion bitcoin and cryptocurrency investment venture, it says. Elwood Expands Cryptocurrency Exposure Quoted by the Financial Times on August 30, Elwood, which is owned by billionaire Alan Howard, revealed it wants to funnel cash into crypto hedge funds. The company is no stranger to...Read More
The crypto market is constantly in flux: brand-new cryptocurrencies regularly appear at the top of the charts, while older coins slowly fade away. While Bitcoin has been a consistent leader, the market is littered with former runners-up. All it takes is a trip through the historical rankings to see just how transient cryptocurrencies can be....Read More
Bitcoin investor, trader and cryptocurrency celebrity hailing from England, Peter McCormack is about to file a lawsuit against Craig Wright, Calvin Ayre and Jimmy Nguyen on account of forgery and fraud. Recently we reported on Craig Wright’s losing the Kleiman case. However, it seems that karma surely is a b**** especially for a person who...Read More
It is important to have the option of replenishing your assets by buying crypto with a credit card or through exchanges. The assets should be secure and transferable. The only correct answer is this: the one that serves your needs. For me, the most important things in a cryptocurrency wallet are the support of all...Read More
