Tokyo-based crypto exchange platform Coincheck has halted all new margin trading orders until the end of October 2019. Cryptocurrency Margin Trading Capped at 4X In a statement issued on its website at the end of August 2019, the Japanese crypto trading platform announced the suspension of new margin trading orders. Also, the exchange said upon...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
In a recent interview with Ian Jacobs of W3C, Stefan Thomas, CEO of Coil, discussed the evolution of the payments industry over the years and laid out his views about the Interledger Protocol [ILP]. During the interview, Jacobs queried Thomas about the circumstances that led to the application of open source in payments. The CEO...Read More
Bitcoin’s the best bet for a cryptocurrency, says Twitter CEO Jack Dorsey. | Source: Photo by Prakash SINGH / AFP As Facebook’s Mark Zuckerberg faces a firestorm of criticism for his Libra project, another prominent social media billionaire is staying on the side-lines. Jack Dorsey made it very clear in an interview with the Sydney...Read More
Though other cryptocurrencies will likely go through periodic pumps, bitcoin is the only crypto with real and lasting value, according to Peter Brandt. | Source: Shutterstock Are you holding cryptocurrencies other than bitcoin? If so, you might want to overhaul your portfolio. That’s because an expert in classical charting principles warns that buying altcoins is...Read More
The crypto community spotted some massive funds movement from OKEx and got scared that the cryptocurrency exchange was hacked. However, CEO Jay Hao called for calm. Hundreds of Millions in BTC Move From OKEx On Wednesday, Twitter user Whale Alert sounded the alarm, saying that at least 24,000 BTC moved from OKEx to unknown wallets....Read More
Bitmain, the world’s largest maker of bitcoin mining equipment, has been named the third hottest startup to work for in China. | Source: Shutterstock China has held the crown for being the home of some of the largest makers of bitcoin mining equipment for years now. According to LinkedIn, one of these bitcoin mining rigs...Read More
The cryptocurrency market reined in its excitement today, with a noticeable correction from yesterday’s market-wide rally. Bitcoin lost 200 points but is continuing to maintain its strong market dominance at 70.50%. Altcoins are suffering, with notable losers including BNB(-4%), LINK(-4.84%) and ATOM(-6.66%), while the rest of the top-50 show losses between one and three percent....Read More
The Dow Jones rallied on Wednesday amid global risk-on trading as tensions eased and the trade balance showed Donald Trump’s China tactics may be working. | Source: REUTERS / Carlo Allegri Wednesday brought a welcome relief rally for the Dow Jones, which surged more than 200 points as risk assets rallied around the globe. Tensions...Read More
The US-China trade war could become dire at any point and the two largest economies might weaponize their national currencies through devaluation. But does this inspire any confidence in the US dollar, and is it time to think about a digital world reserve currency? Every Past Global Currency Had an End If we look back...Read More
Software giant Oracle has admitted Hydrogen, a developer of ethereum-based enterprise blockchains, into its Cloud Marketplace. The listing, announced Wednesday, means New York-based Hydrogen’s APIs are now available to nearly half a million Oracle customers to develop applications for banking, investing, savings, insurance and wellness. Oracle Cloud Marketplace is a leading provider of platform as a...Read More
The team of BlueWallet, a bitcoin and lightning capable wallet app for iOS and Android, recently rolled out its latest releases with some great new features worth knowing about. Notably, the BlueWallet team has added the ability for users to: connect to their own full node, to send max funds, to cancel and bump transactions,...Read More
Hopes for an upcoming altcoin rally are getting fainter by the day. Institutions are continuing to drive the cryptocurrency market, according to new data, and they’re almost entirely focused on Bitcoin (BTC). Even prominent altcoins, such as Ether (ETH) and XRP, may fall by the wayside. That’s the takeaway from a new metric by sentiment...Read More
This year has certainly been more fruitful for bitcoin price than 2018 was. That said, it has not shown any signs yet of returning to an all-time high. Looking at the lows may offer some indication of how big the next bull run could be. Bitcoin a Store of Value in The Making In 2018...Read More
Huobi cryptocurrency exchange has announced its entry into the blockchain-based smartphone ecosystem with the Acute Angle mobile phone which is built by Whole Network, a distributed ledger technology (DLT) project partly funded by the exchange. Acute Angle will be officially unveiled on September 11, 2019, and Huobi Token (HT) holders will be able to purchase...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
Norwegian savings bank Sparebanken Øst has invested $1.65 million in a local bitcoin exchange as demand for cryptocurrencies booms amidst an ongoing economic slowdown.Sparebanken Øst purchased a 16.3 percent stake in Norwegian Block Exchange (NBX), a digital assets trading platform founded by airline tycoon Bjørn Kjos. The founder of Norwegian Air Shuttle, Scandinavia’s largest airline...Read More
The correlation with bitcoin price is becoming obvious. | Source: Shuttertock Bitcoin (BTC) started this week off in good spirits, citing an impressive rise of around 8%. Interestingly, analysts are attributing some of this action to the close of the Chicago Mercantile Exchange (CME). Bitcoin’s 8% rise this week which left a gap in the...Read More
The price of bitcoin surged by $5,000 on April 2, a 23 percent jump that many believe was sparked by an article published on April Fool’s Day. Its title was “SEC drops the Bomb: Approves Bitcoin ETFs.”ETFs, a backronym for Exchange-Traded Funds, have lately caught up with the imagination of cryptocurrency investors. To them, mingling...Read More
Bitcoin has had a volatile year and the clouds are gathering for stormy end to 2019. | Source: Shutterstock Too many people focus on bitcoin’s wild highs and fluctuating daily price. A better metric to look at is the monthly low points. By tracking the lows, you see the steady accumulation of bitcoin. This is...Read More
The Bitcoin price has been on an absolute tear of the past year. Despite the cryptocurrency currently trading some 20% lower than its $14,000 year-to-date high, BTC is still up some 200-odd% since January 1st.With this move, many have been left wondering, “who the hell is behind the crypto market’s resurgence?”Related Reading: Major Online Swiss...Read More
A new Indian government report has put cryptocurrency in a positive light, viewing the mechanisms surrounding it, including initial coin offerings, as “revolutionizing the global fintech landscape.” The report also discusses the regulation of coins and tokens. Also read: Indian Exchanges Innovate as Calls for Positive Crypto Regulation Escalate Steering Committee’s Report The Indian Ministry...Read More
BitMEX has released pretty damning evidence on Twitter today that Binance has plagiarised a vast majority of its bitcoin futures documentation. Binance Caught Red Handed BitMEX highlighted the similarity between the documentation for Binance’s Bitcoin Futures platform (currently in testing), and its own, on Twitter. “Congrats on the Testnet Futures launches Binance,” read the tongue-in-cheek message....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
bZx Network, a decentralized margin lending protocol and liquidation oracle marketplace on the Ethereum blockchain, has announced the launch of Torque. It is a new borrowing platform with indefinite-term loans and fixed interest rates operating as both an app and a DApp. Torque works with any Web3 wallet such as Metamask, but it also works...Read More
Bitcoin proponents have reacted angrily to what they warn is a fresh attempt to make US Congress ban public cryptocurrencies. Murray: US Should Treat Miners Like Banks As financial news outlet Business Telegraph reported, on September 3, an expert witness went before lawmakers to argue miners on blockchains such as Bitcoin’s should face full banking-style...Read More
On Friday, Sept. 6, bitcoiners around the world are vowing to run in memory of the late Hal Finney. Anyone is invited and dozens of the technology’s enthusiasts have already pledged to join. Finney has long been touted as one of the first people to see the promise of bitcoin, long before it had a...Read More
This is how blockchain can change the way investors buy into real estate value, and allow for the proliferation of real estate investments. It seems that all one has to do these days to see something about blockchain technology is go online. Nearly every major news portal and tech website has had a number of...Read More
The central bank of the Netherlands is preparing to supervise the country’s crypto sector. The bank has requested crypto exchanges and wallet providers to come forward and submit some information. Once the law takes effect, these operators will be required to register with the central bank to continue operations. Also read: Crypto Can Boost Indian...Read More
