Blockchain company tZero added Ravencoin (RVN) to the list of cryptocurrencies supported by its tZero Crypto cryptocurrency wallet and trading app. Ravencoin now supported on the tZero app TZero announced in a press release published on Aug. 20 that Ravencoin will be joining Bitcoin (BTC) and Ether (ETH) among the cryptocurrencies supported by its trading...Read More
Anti-government demonstrations entered their eleventh week with a defiant march in Hong Kong’s Central district on Sunday. The threat of violence and civil unrest has led to increasing uncertainty over the city’s future. And anxious residents are responding by moving money out of Hong Kong, a move that could increase the inflow into bitcoin.Hong Kong...Read More
Square Crypto, the division of the publicly traded payments company that focuses exclusively on bitcoin, just hired one of the world’s most prolific bitcoin developers. Chaincode Labs alum and Blockstream co-founder Matt Corallo previously authored notable efficiency improvements such as the rust-lightning implementation, which makes it easier for users to build and interact with layers...Read More
Apple announced a massive increase in its programming budget and a price point that undercuts Netflix. | Source: Shutterstock; Edited by CCN By CCN Markets: The walls are closing in on Netflix. Apple is not only going to debut its streaming video service within the next two months but has boosted spending on its service...Read More
The virtual asset industry hardly ever remains quiet for a long period of time. However, the price of the world’s largest cryptocurrency was pretty timid, at press time. Source: trading view Bitcoin’s price went up on the back of a tremendous run which started in April, with the valuation climbing by over 180% percent. Since...Read More
Crypto millionaire Erik Finman says bitcoin is being replaced by Facebook’s Libra. But he says his app Metal Pay is the “Libra killer.” | Source: Erik Finman/Twitter (i), Shutterstock (ii). Image Edited by CCN. By CCN Markets: Crypto millionaire Erik Finman says bitcoin “is being replaced” by Facebook’s Libra. But he insists his cryptocurrency, Metal...Read More
Daniel Craig is very clearly present, possibly to address any concerns that he would not be returning for the role he’s tired of. | Source: AP Photo/Leo Hudson, File By CCN Markets: The official James Bond Twitter account just announced the 25th movie in the 007 series will be entitled “007: No Time to Die.” Forbes...Read More
Author, professor, and staunch Bitcoin maximalist Saifedean Ammous is sceptical about the seemingly overnight change of allegiances at the Twitter account @Bitcoin. The Twitter account that was clearly affiliated with the Bitcoin Cash, despite its name, now expresses pro-BTC sentiment.Ammous smells a rat, however. The Lebanese professor speculates that a switch back to promoting Bitcoin...Read More
Bitcoin has consolidated its safe-haven status especially amid the mass demonstrations in Hong Kong and global uncertainty, Circle CEO Jeremy Allaire hinted in an interview with CNBC’s Squawk Box. Circle CEO Sees Increased Demand from Holders On August 19, Circle’s Allaire said that investors were still attracted by non-sovereign digital assets such as Bitcoin. The...Read More
Mike Pompeo, Donald Trump’s secretary of state, invoked 9/11 to explain the gravity of the threat that bitcoin presents to national security. | Source: AP Photo/Carolyn Kaster By CCN Markets: When Trump adviser Mike Pompeo addressed crypto regulation during a Tuesday morning interview, he claimed that he didn’t want to start a “viral moment.” However,...Read More
The United States Securities and Exchange Commission (SEC) has charged Russian analytical agency ICO Rating for $268,998 for violating anti-touting provisions, according to an announcement on Aug. 20. In the announcement, the SEC claimed that ICO Rating violated the anti-touting provisions of Section 17(b) of the Securities Act of 1933 by failing to disclose payments...Read More
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="A Bitcoin Cash developer who drove a tank-like vehicle through Virginia was found not guilty for car theft and violating bond conditions on grounds of insanity, a court heard Monday. ” data-reactid=”19″>A Bitcoin Cash developer who drove a tank-like vehicle through Virginia was found not guilty for car theft...Read More
Nothing but carnage has been seen across the altcoin market, with major crypto assets like Ethereum and Ripple falling to fresh lows and causing widespread panic across the space.The post appeared first on NewsBTCRead More
In a bid to make it easier for startups to understand the workings of distributed ledger technology (DLT) and how its numerous use cases can be implemented, Deloitte, one of the “big four” accounting firms and the largest professional services network in the world, has launched Blockchain In a Box (BIAB). BIAB is a mobile...Read More
Bitcoin looks short-term bearish and long-term bullish due to a familiar technical structure on the chart. Find out more here. | Source: Shutterstock By CCN Markets: In technical analysis, a support area gets weaker every time the prices touches it. That’s because each tap drains the strength or the demand at the support. A good example...Read More
In an interview with podcaster Peter McCormack, Raoul Pal, Co-founder of Real Vision and former Head of Equity and Equity Derivatives at Goldman Sachs, stated that stock markets are massively overvalued. According to Pal, central banks would do their tricks and cut interest rates, and when the interest rates become negative, people pay the government...Read More
Bitfinex and Tether have replied to Judge Joel Cohen’s recent ruling in the New York Attorney General (NYAG) ongoing case against companies. Cohen dismissed Bitfinex’s motion to throw out the case due to lack of jurisdiction, so the NYAG will continue to prosecute the companies via the Martin Act. Bitfinex issued its reply in an...Read More
Need another reason to buy bitcoin? Trump just signed a budget agreement that will raise the US national debt by $1.7 trillion. | Source: REUTERS / Kevin Lamarque (i), Shutterstock (ii). Image Edited by CCN. By CCN Markets: Donald Trump might not like bitcoin, but he’s doing an excellent job creating the economic conditions in...Read More
This week, the Intercontinental Exchange-owned Bakkt announced the date it would finally launch its much-anticipated and long-awaited Bitcoin Futures trading product, and Bitcoin price responded by spiking over $400 over the course of the next few hours, nearly reaching $11,000 before experiencing a pullback.The post appeared first on NewsBTCRead More
Elon Musk has a better idea than “Nuke Mars” to make the planet hospitable, this time using SpaceX satellites to reflect sunlight. | Photo by Mark RALSTON / AFP By CCN Markets: Elon Musk has leaked more of his plans to make Mars habitable. The SpaceX boss tweeted an alternative idea to warm the red...Read More
Over the last 5 days, Bitcoin has bounced off the 0.382 Fibonacci level as mentioned in my previous analysis. Since then price levels have risen sharply testing resistance just shy of $11,000. An influx of new volume could propel price levels to $12,000 next week. Bitcoin 1-Hour Analysis On the 1 hour chart for XBT/USD,...Read More
On August 19, the combined SHA-256 hashrate between the BCH and BTC networks touched a massive high of over 91 exahash per second (EH/s). One notable contribution to today’s network hashrates is the manufacturing of next-generation mining rigs that produce a significant number of terahash. Currently, the top machine released this summer is Pangolin’s Microbt...Read More
The cryptocurrency industry continued to mature while eliminating FOMOs and FUDs at all stages. With the FOMO-fuelled spectacular but short-lived crypto rallies and FUDs-led dumps, the industry has begun to show signs of maturity. The market started off on a slow note in 2019 after the infamous Bitcoin crash the previous year. The market, however,...Read More
Smart contracts could soon get a boost in bitcoin as prominent programmer Pieter Wuille has unveiled a new coding language designed specifically for their use. Posted to the bitcoin developer mailing list Monday, the ‘Miniscript’ language aims to make it easier for programmers to write up “smart contracts” or conditions for spending bitcoins. Programmers Wuille, Andrew...Read More
When Bitcoin’s most controversial Twitter account suddenly had an identity crisis, the conspiracy theories began to come out of the woodwork. | Source: Shutterstock By CCN Markets: Bitcoin maximalists feuding with altcoiners is not headline-worthy material. However, when a Twitter handle that boasts 1 million followers and previously pumped Bitcoin Cash suddenly deletes old anti-Bitcoin...Read More
The courtroom battle between India’s bitcoin exchanges and the central bank appears to go in favor of the former.In a hearing today, the Supreme Court judge asked the Reserve Bank of India (RBI) that why it chose to ban bitcoin trading when it could regulate it. The judge compared the cryptocurrency trading market to that...Read More
As many as 70,000 people could be facing financial ruin as a massive crackdown sweeps across Ghana’s banking system. It serves as yet another stark warning that governments and banks are in full control of people’s money. Only decentralized assets such as bitcoin would be immune from such monetary madness. State ‘Cleanup’ Wipes Out Billions...Read More
Jennifer Lopez and Alex Rodiguez invested in the fintech firm Acorns Grow Incorporated. They should buy bitcoin next. Here’s why. | (i) Photo by ANGELA WEISS / AFP (ii) Shutterstock; Edited by CCN By CCN Markets: It’s not unusual to see A-listers diversify their income streams by investing in promising ventures. We recently learned that...Read More
Ethereum naysayers were out in force as the week began after co-founder Vitalik Buterin warned that the network’s blockchain was “almost full.” Buterin: ETH ‘Already Expensive’ In an interview with Canadian mainstream news outlet The Star, Buterin, discussed the future of Ethereum, along with the problems cryptocurrency faces on the path to broader adoption. Using...Read More
A recent run-up in the bitcoin price has been credited to a string of events: the US-China trade war, determined monetary easing by central banks, price manipulation via Tether’s stablecoin USDT, Facebook’s plans to launch its cryptocurrency, as well as a weakening Renminbi. But another factor may be lifting bitcoin as well: altcoins.New York-based Ark Investment...Read More
