As regulation continues growing exponentially for cryptocurrencies worldwide, a chasm is yawning ever deeper between supporters. On the one hand, many yearn for massive adoption and clear regulations so they can get on with their trading, and get on with their lives – not to mention the lucrative value gains attendant to such ubiquity. This...Read More
Bitcoin can be seen bouncing off the 0.382 Fibonacci level around $9,600 as price action visibly creates an ascending wedge. Many bearish indicators point towards a break-down and lower low in the coming days. Bitcoin 1-Hour Analysis On the 1 hour chart for XBT/USD, we can see an ascending wedge has formed as a result...Read More
Sentinel Protocol, the collective intelligence platform that protects crypto assets against hackings, scams or frauds, has announced a new strategic partnership with Hexlant, a leading Korean blockchain technology, and service laboratory. Hexlant provides a blockchain wallet service that supports the largest variety of blockchain nodes in Korea through its self-developed modular cryptocurrency node. Together, Sentinel...Read More
Bitcoin was trading higher on Monday morning as investors digested the possibility of new economic stimulus announcements later this week.The benchmark cryptocurrency rose by more than 4.5 percent to $10,753.30 on San Francisco-based Coinbase exchange. The move brought its local bottom-rebound to a slightly above 13 percent, explicitly driven by Bakkt. The Intercontinental Exchange arm...Read More
Cryptocurrency analysis and data platform, The TIE, recently did an investigation into crypto-hype on Twitter. Which tokens are being manipulated the most, through bot accounts and inflated engagement? To compare, it looked at hype-to-activity ratio, or number of tweets per $1 million of trade volume. Let’s Start With A Look At The Wallflowers Across the...Read More
Binance, the largest Bitcoin (BTC) and altcoin trading venue in the world by reported trading volume, has announced plans to launch an open distributed ledger technology (DLT) network called Venus, to make it easier for entities to create localized fiat-backed stablecoins, according to a blog post on August 19, 2019. Venus Open Blockchain As stated...Read More
Most of the assets enjoyed a lucrative period from April to June but the controversial Bitcoin SV faced a few “hiccups” along the way. Bitcoin SV went through a tumultuous journey this year, with the coin being delisted by major exchanges like Binance and Kraken, which led to its drop in rankings as well. However,...Read More
Fidelity’s charity arm, Fidelity Charitable, has received more than $100 million in cryptocurrency donations since 2015. But according to the company, this year is not the best one for crypto donations. Fidelity Charitable has accepted cryptocurrency donations since 2015. As the company revealed late last month, in total, it has received more than $106 million...Read More
The past few months have been an absolute whirlwind for Bitcoin and other crypto assets. Ever since the start of 2019, the cryptocurrency class has outperformed, outpacing every single other notable asset class currently trading on public markets.Related Reading: Grayscale’s Bitcoin Premium Suggest BTC Still Overvalued at $10,400: AnalystIn fact, as reported by NewsBTC, since...Read More
AmaZix, the global blockchain strategic consulting and marketing agency, today announced it has partnered with cyber-security firm FortKnoxster, developer of a secure and privacy-oriented all-in-one peer-to-peer encrypted communication platform, highlighted on CryptoNinjas a few weeks ago. FortKnoxster is aimed at businesses and individuals who require the highest level of security. The platform offers zero-knowledge, end-to-end,...Read More
Japanese cryptocurrency exchange Rakuten Wallet has launched trading a year after acquiring Everybody’s Bitcoin. Three trading pairs go live Confirmed in a press release on Aug. 19, Rakuten Wallet, which is a subsidiary of Japanese e-commerce giant Rakuten, said spot trading of three cryptocurrencies — Bitcoin (BTC), Ethereum (ETH) and Bitcoin Cash (BCH) — was...Read More
With the recent spike in Bitcoin, whales came out of from slumber to trade. Whale Alert, one of the leading crypto transaction trackers, shared the news of the transfer of BTC on Twitter, “500 #BTC [5,354,800 USD] transferred from #Coinbase to unknown wallet.” The transaction took place in 11 confirmations between wallet address 39iNxpjCoUDRyttKhnEvrjmTUErGV3PGFd and 17RWacAg9h8UyZdWnJA28Z7AKW89JjVmDu,...Read More
Where is the bitcoin price heading? Image from Shutterstock. By CCN Markets: Since the official announcement of Bakkt’s bitcoin futures market launch on August 17, the bitcoin price has surged by well over 6 percent against the U.S. dollar to $10,700. On Saturday, before Bakkt received green light from the Commodities and Futures Trading Commission...Read More
Cere Network, a San Francisco-based blockchain customer relationship management (CRM) startup, has completed a $3.5 million funding round. The seed round involved major global blockchain investors, including Binance Labs, a venture arm of Binance, the second biggest crypto exchange by trading volumes to date. Other investors included Neo Global Capital, Fenbushi Capital, Arrington XRP Capital,...Read More
Venezuela’s inflation rate topped 130,000% in 2018 as peer-to-peer Bitcoin and Dash transactions reached new all-time highs month after month. Bitcoin Thrives in Broken Economies For the past few years, the Venezuelan economy has been rocked by political and economic instability that has led to shortages of food and medicine, nationwide blackouts, riots and unstoppable...Read More
The existence of private decentralized cryptocurrencies like Bitcoin has a healthy impact on governments’ fiscal and regulatory policy, a new analysis contends. The existence of private decentralized cryptocurrencies like Bitcoin (BTC) has a healthy impact on governments’ fiscal and regulatory policy, a new analysis contends. TThe argument was put forth in a paper published on...Read More
The origin story of Bitcoin’s pseudonymous creator, Satoshi Nakamoto, has seen outright lies, conjecture, and its fair share of ‘reveals’. By now, for many, it has become irrelevant, and any new ‘revelation’ gains a healthy dose of cynicism. But here we are again, with a promise of an unveiling in little under 36 hours. Could it be...Read More
The weekend has been largely one of consolidation for crypto markets as Bitcoin has held on to gains to keep it in five figures. Monday morning, however, has seen some bigger moves on altcoin prices as they outperform their big brother in a rare upswing.Crypto Markets Gain on AltcoinsMost of 2019 has seen the altcoins...Read More
As a new week begins in crypto land a different pattern is forming this Monday morning. After bitcoin spent most of the weekend consolidating above $10k, the altcoins are making all the moves at the moment. Is this a one off or could it be the start of a wider revival for them? Bitcoin Makes...Read More
Shaikho, who is a new “real” Satoshi Nakamoto, says his idea was a “people’s bank with no boundaries, no nationalities, and no discrimination.” When publishing some text online, some media have the habit/rule to write approximately how long the read is – with the reason we should say. Let me tell you this, reading the...Read More
From the launch of the Sun Network to retain its dominance in the DApp space and completing its incentive plan 2.0 with Tether, Justin Sun’s Tron Foundation can boast a series of development over last few weeks. Recently, TronWallet shared an update on Twitter, suggesting that Bitcoin is the latest addition to the TronWallet. The...Read More
Japanese e-commerce giant Rakuten has launched its own exchange for crypto spot trading. Announced Monday, Rakuten Wallet has gone live for trading in bitcoin (BTC), ether (ETH) and bitcoin cash (BCH) against the Japanese yen via an Android mobile app. An iOS app is due to be released in the future, though no set timeline was...Read More
Donald Trump and White House officials played down fears of a recession on Sunday, giving a much-needed boost to the stock market. Source: AP Photo/Evan Vucci By CCN Markets: Dow Jones Industrial Average (DJIA) futures rocketed 200 points in early trading Monday as President Donald Trump sought to allay fears of a recession. Speaking to...Read More
Silvergate Bank, one of the cryptocurrency industry’s few go-to financial service providers, is planning to become a crypto lender. According to an updated IPO filing, Silvergate, which serves some of the cryptocurrency world’s top firms like Coinbase, Bitstamp, Genesis Trading, Blocktower Capital, Polychain Capital and Xapo, has seen increased demand from the industry and is aiming to...Read More
Bitcoin price rebounded recently and climbed above the $10,200 resistance against the US Dollar.The price is currently trading nicely above $10,300, but facing hurdles near $10,500 and $10,600.There is a connecting bullish trend line forming with support near $10,250 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price is likely to...Read More
Spanish megabank Santander Group is expanding its use of Ripple’s technology. The bank is building a “payment corridor” that would let customers in Latin America send money to the U.S. instantly for free via One Pay FX, a mobile app that uses Ripple’s xCurrent software, officials told CoinDesk. Currently, only customers in the U.K. and...Read More
Many officials claim only criminals use Bitcoin. All of those people are in the wrong. Many people use cryptocurrencies for a wide variety of purposes. It is certainly true criminals favor Bitcoin due to its pseudonymity. One Norwich-based individual was sentenced for hacking and accepting cryptocurrency as a payment. Teens Love Bitcoin Riches One has...Read More
While Bitcoin (BTC) is still not decidedly in an uptrend, it is doing a lot better than it was a bit earlier this week, when the cryptocurrency cratered to $9,500 in a massive -8% day. One model, however, suggests that the pain isn’t over for the cryptocurrency market just yet.Hold on to your hats!Related Reading: Bitcoin...Read More
The “big reveal” by the latest self-proclaimed Satoshi Nakamoto was an epic failure that overpromised and underdelivered. | Source: Shutterstock By CCN Markets: The latest self-proclaimed Satoshi Nakamoto overpromised and underdelivered in Part 1 of his “big reveal” — probably to the surprise of no one in crypto. In a meandering blog post, the self-proclaimed...Read More
It is being reported that Barclays, the London-based global bank, recently stopped banking for Coinbase, the United States-based crypto exchange. Coinbase reportedly found a quick replacement in the form of another United Kingdom-based establishment, ClearBank. While Barclays connected San Francisco-based Coinbase to the U.K. Faster Payments Scheme (FPS), enabling instant withdrawals and deposits of British...Read More
