Litecoin has dropped below $70 for the first time in four months. Early this month, the fifth-largest cryptocurrency in market experienced its halving, dropping the block rewards from 25 LTC per block to 12.5 LTC per block. However, the price fall began well before the halving, a trend which flies in the face of conventional...Read More
Photo: Christopher Michel / Flickr The XRP crypto has encountered a lot of bearish volatility lately. The token closely linked to the Ripple FinTech Company has made many analysts think that its bearish trend has resulted from Ripple selling a large number of tokens onto the markets every quarter. The third biggest crypto, XRP, registered...Read More
Bitcoin and a few major altcoins have shocked the market as they have shed significant weight in a considerably short time. Right now, the crypto market prices have lost billions and there is no pointer to a bull run in the near future. The entire crypto market has been in a free fall of sorts...Read More
Facebook is offering thousands of dollars as a reward for those testers who find bugs in its upcoming Libra cryptocurrency. Libra Invites Your Security and Privacy Review of its Architecture and Design Facebook envisages empowering billions of people all over the world through its single global ‘cryptocurrency’, Libra. It will be supported by a simple...Read More
Yikes. Bitcoin (BTC) hasn’t been doing too well as of late. But altcoins, unfortunately, have been doing worse.Related Reading: Bitcoin Plunge Through $9,600 Liquidates $144 Million in BitMEX LongsOn Wednesday morning, the victors of the latest tug-of-war between bulls and bears were decided.Within a few minutes’ time, the Bitcoin price shed some $400 to $500...Read More
The twenty-fourth episode of Magical Crypto Friends focused on Litecoin, the development FUD surrounding the coin, the recent halving and its Mimblewimble implementation. The creator of the cryptocurrency, Charlie Lee, addressed various questions pertaining to these topics in the 25-minute discussion. Addressing the development FUD, Lee stated that this was one of the most common...Read More
Controversy continues to surround Tether, as recent market moves have vaulted the crypto into the sixth position on the world’s list of digital assets. As Tether fires up its printers once again, many market commentators wonder if this will lead to a sustained BTC prop above the 10K level. Controversial cryptocurrency Tether continues to make...Read More
As the altcoin market continues to bleed out and sentiment around Bitcoin’s crypto cousins reaches a point of extreme despair, the question about their long-term value has come up often in recent days.The post appeared first on NewsBTCRead More
The latest Binance Research, while showcasing China’s CBDC initiative, highlighted its possibility of being a renminbi (RMB) replacement. Creating a buzz in the context, the report read, “The People’s Bank of China plans to replace China’s M0 money supply with its CBDC. Several potential improvement areas were discussed as reasons to justify this move including...Read More
China’s aggressive push towards cryptocurrency has forced global economies to ensure a common-ground for crypto-innovations within their jurisdictions. Taking a closer into the Chinese government’s crypto initiative, Binance Research released a report that details on the People’s Bank of China’s (PBoC) proposed digital legal tender. Highlighting the primary concern, the report stated, “Following Facebook’s recent...Read More
Telegram has announced it will launch its own cryptocurrency as soon as October, sources have said, in a direct move against Facebook Libra. Sources: Gram Cryptocurrency To Appear By October 31 Speaking to the New York Times on August 27, three anonymous investors said that Telegram had confirmed the issuance of its Gram tokens would...Read More
The VideoCoin Network, a decentralized ecosystem for the sharing of video material, has announced the debut of its fully-working product. The project seeks to create a realistic decentralized alternative to leading video streaming platforms such as Netflix and Hulu, providing a blockchain-based alternative to established cloud providers such as AWS and Google Cloud. The program...Read More
Litecoin’s hash rate has declined by over 30% since its block size halving event earlier this month, the latest data shows. Litecoin Trades At Lows Against USD The increasingly troubled altcoin, currently the fifth-largest cryptocurrency by market cap, has lost 30% of its value since the halving, which occurred on August 5. Data from monitoring...Read More
Recently a political action committee (PAC) BitPAC announced that they are going to conduct an initial coin offering (ICO) to support the candidates for public office. By donating, participants will receive Politicoins in return. BitPAC, which is a political group in the U.S., decided to launch an ICO for the support of public office candidates....Read More
Litecoin is looking to slump even further. The world’s fifth largest cryptocurrency has been in a slump since its halving earlier this month, dropping below resistance after resistance and breaching the $75 mark. Now, the coin is on the precipice of a slump below $70 for the first time in 4 months. The larger market...Read More
The vast cash hoard of Warren Buffett’s company, Berkshire Hathaway Inc., has been vaster only once before – just before the worst financial crisis since the Great Depression. Warren Buffett’s big pile of cash could act as a warning to other investors that stock market is becoming overvalued and that its crash is pretty near....Read More
After raising more than $1 billion in one of the most successful ICOs in the crypto sector, Telegram is now ready to launch its Gram tokens by October. Button Wallet has also announced it will facilitate trading of the tokens. There currently are more than a few thousand different digital assets in the market and...Read More
Recently in an AMA (ask me anything) session the Binance CEO, Changpeng Zhao or CZ, addressed Binance users and followers by revealing many details about the upcoming futures trading platform. Changpeng Zhao, also known as CZ, recently went live on his Binance‘s Twitter profile to do an AMA session. In the session, he described some...Read More
Silvergate Bank will allow Gemini’s customers deposit and withdraw U.S. Dollars from their accounts in real-time. This will help the customers to switch in and out of the crypto markets quickly. Gemini cryptocurrency exchange, founded by Bitcoin billionaires Winklevoss twins, announced its partnership with Silvergate Exchange Network (SEN), a USD payments platform. According to the...Read More
Manchester United FC, also known as Man City, one of the top British football teams, announced a partnership with an online gaming startup Superbloke in order to tokenize its players. On Monday, Man City announced its new partnership with an online gaming startup called Superbloke. It is an online football game based in South Korea....Read More
The performance of some of the altcoins this year was nothing short of spectacular. The likes of Litecoin hiked by an impressive 387 percent, registering its yearly high of $145. Bitcoin did not shy away from its consistent growth as it reached a yearly high of about $13,800. It was currently valued at $10,362.3. Since...Read More
Tether has maintained its prominence as the gateway coin in the financial ecosystem. Recently, the Tether ecosystem managed to create buzz after a whale transaction was caught by Twitter’s prominent crypto enthusiast @whale_alert, who tweeted, “? ? ? ? ? ? ? ? ? ? 46,140,337,592 #USDT (46,169,056,069 USD) transferred from unknown wallet to unknown...Read More
The recently concluded IEO for the Perlin Network by Binance Launchpad has now been stated as the sale with the highest number of BNB staked. Binance has already begun trading PERL tokens with four pairs. The Binance Launchpad, a platform created by Binance and strictly for the launch of supported tokens, has officially announced the...Read More
The Ethereum Foundation has unveiled over $2 million of funding for the development of Serenity or ETH2.0. The official announcement read, “We are today unveiling over $2M USD in Foundation-led and co-funded grant funding aimed at furthering Serenity (Eth2.0) development as we move nearer to the launch of the Beacon Chain.” The update is primarily...Read More
The speculations to CZ’s Twitter teaser have proven to be true – Binance has now announced the upcoming launch of its crypto lending service. Users can earn up to 15% interest on BNB and other assets. Binance has officially announced its lending service which is expected to kick off on the 28th of August, at...Read More
As crypto businesses have started to make the move into crypto-friendly geographies to avoid risk of shutting down, Switzerland made headlines on the other side of this spectrum by announcing banking licenses to two cryptocurrency-focused banks. According to the official report, “For the first time, FINMA has issued banking and securities dealers’ licences to two...Read More
Tron Foundation’s Justin Sun hasn’t steered away from the spotlight. In a recent interview with Freewallet, Sun shared his thoughts on ongoing ventures in the ecosystem. Sun began the segment by talking about potential partnerships in the industry. He suggested that the conglomeration of resources and ideas influences growth of the space. He also assured...Read More
Binance announced the launch of a platform termed as Binance Lending, which would allow users to acquire and lend their virtual assets, while asset holders would also be able to gain interest and improve their token balances. It was revealed that Lending products would be available for Binance Coin and Tether (USDT) on a subscription...Read More
2019 was deemed as a positive year for virtual assets as a majority of the crypto experienced a positive hike; XRP surged in the market as well which took its valuation from $0.300 to $0.475, registering a growth of over 58 percent. However, recent bearish pullback impacted XRP’s price to take a dip below its...Read More
Weekend trading has been largely lack luster as usual. Bitcoin spent most of the time hovering just above $10k while the altcoins stayed in bed. A Monday morning push in Asia has sent BTC up to a five day high but its brethren have yet to react.Bitcoin Dominance Reclaims 70%A few hours ago Bitcoin hit...Read More
