For quite some time now, Venezuela has been suffering from a political crisis and a collapsing economy. Venezuelans dealing with rampant inflation continue to see their purchasing power decline. After witnessing one of the worst economic disasters in modern history, 4 million citizens have emigrated to seek a better form of money, shelter, and to...Read More
The University of Gibraltar and Huobi University, a blockchain technology education institution in China, an affiliate of the Huobi Group, the global digital asset exchange provider, have announced the signing of a Memorandum of Understanding (MOU) to explore the development of blockchain education and research initiatives. Albert Isola MP, Gibraltar’s Minister for Commerce, formally exchanged...Read More
After keeping their thoughts on crypto quiet for years, a key executive at Apple is now explaining that the company is interested in the nascent technology, but further added that users shouldn’t expect anything crypto-related to come to Apple products anytime soon.Despite their down-the-road interest, Apple is lagging significantly behind some of its main competitors,...Read More
Four out of the first five results presented when querying Google for a “bitcoin qr generator” lead to scam websites. The findings Cryptocurrency wallet ZenGo wrote the findings in a blog post published on Aug. 29. Reportedly, when researching prior to implementing QR Code support in their wallet, ZenGo learned of the prevalence of scam...Read More
September 6, 2019 15 Views Gemini, the New York registered bitcoin exchange company, today announced the launch of Gemini Clearing, a fully-electronic clearing and settlement solution for over-the-counter (OTC) crypto trades. Gemini Clearing allows trades that are negotiated off-exchange or OTC to settle between Gemini accounts. Such trades can be arranged bilaterally between two parties...Read More
September 6, 2019 31 Views Hydrogen, a provider of financial and blockchain APIs, announced that its platform has achieved ‘Powered by Oracle Cloud’ status, and is now available in the Oracle Cloud Marketplace. The Hydrogen platform enables organizations of all sizes to create decentralized banking, investing, savings, insurance, and wellness applications. The Oracle Cloud Marketplace...Read More
Bitcoin has found some stability within the mid-$10,000 region over the past couple of days after incurring significant volatility earlier this week. This stability marks a bout of consolidation that comes shortly after BTC’s massive surge from the lower-$9,000 region to highs of roughly $10,800, which is where it faced some levels of resistance.Although the...Read More
The massive Bitcoin sell-off that sent prices below the $10,000 at the end of August wasn’t the result of manipulations, according to an ex post facto research by Coin Metrics. First Major Bitcoin Sells Spotted on Coinbase Large traders or institutional investors often manipulate the Bitcoin price, especially through fake volume or trading derivatives. The...Read More
The cryptocurrency insurance market is expected to grow at a faster rate if United States regulators provide more regulatory clarity, according to industry experts. As Forbes reported on Sept. 5, CEO of San Francisco-based cybersecurity agency Coalition, Joshua Motta suggested that the market for digital currency insurance is now worth between $200 million and $500...Read More
Securities and cryptocurrency exchange Hyperion Technologies acquired two products developed by blockchain consulting firm Vanbex Labs, which is currently under investigation in British Columbia. Vanbex announced in a post published on its blog on Sept. 4 that Hyperion had acquired Vanbex’s blockchain solutions Rocket and CryptoTaxes. The Forfeiture Office alleges that Vanbex and its partner...Read More
Dapix Inc, the company behind the initial development of the FIO Protocol, has raised $5.7 million in Series A funding led by Binance Labs, the venture arm of leading global cryptocurrency exchange and blockchain ecosystem, Binance. The FIO Protocol has created an industry standard, decentralized service layer that improves usability across every blockchain, token or coin....Read More
BUSD will be available for direct purchase and redemption 1:1 for U.S. dollars on the Paxos platform and for trading against Bitcoin (BTC), Binance Coin (BNB) and Ripple’s XRP on Binance.com. Paxos Trust Company, a regulated financial institution that digitizes and mobilizes assets, and global cryptocurrency exchange and blockchain ecosystem, Binance, announced their partnership regarding...Read More
Brexit has served as a prime example of how ordinary citizens can protect their assets from political turmoil using Bitcoin. According to Forbes, the negative effects of a potential no-deal Brexit are leaking into the economy and affecting crypto startups in the region, September 4, 2019. If the U.K. leaves the European Union without a deal,...Read More
After a massive demand for its Bitcoin Futures Contract this year, the CME Group is planning to introduce Bitcoin options contracts as per the internal source. Back in December 2017 when Bitcoin was trading at its all-time high of $20,000, the Chicago Mercantile Exchange (CME) was the first to launch Bitcoin Futures contracts in the...Read More
Brexit is going to end soon. How will Fintech Companies fare in the UK post-Brexit? Is Brexit good for cryptocurrencies or bad for it? Brexit has been on the front burner for most of the past two years. Theresa May has already resigned following her inability to make Brexit happen. Boris Johnson is facing the...Read More
Dr. Robert J. Shiller, 2013 Nobel Laureate for Economic Sciences, listens during a Nobel Laureate Symposium at the Embassy of Sweden November 19, 2013 in Washington, DC. Nine people from the United States were honored this year with the Nobel Prize in the fields of medicine, chemistry and economic sciences. AFP PHOTO/Brendan SMIALOWSKI Nobel laureate...Read More
A venture arm of major global crypto exchange Binance has led a $5.7 million funding round to launch new decentralized blockchain protocol, the FIO Protocol. According to a press release shared with Cointelegraph on Sept. 5, Binance labs has invested in Denver-based blockchain usability firm Dapix, which is developing the Foundation of Interwallet Operability’s (FIO)...Read More
A partnership between two cryptocurrency firms could bring 20 new bitcoin ATMs to cities around Colombia. The bitcoin exchange, Paxful, and crypto ATM company, CoinLogiq, announced the partnership Sept. 5. By integrating the Paxful kiosk feature with CoinLogiq hardware, users will be able to purchase BTC using cash, credit and online debit transfers. According to...Read More
Bitcoin price is trading with a positive bias and recently climbed above $10,800 against the US Dollar.The price is currently trading above the $10,500 support and it could continue to rise in the near term.Yesterday’s highlighted key bullish trend line is providing support near $10,510 on the hourly chart of the BTC/USD pair (data feed...Read More
The total crypto market cap is currently consolidating gains below the $265.0B resistance area.Bitcoin price corrected gains, but it is still trading above the $10,500 support area.BCH price is struggling to move above the $300 resistance and is currently correcting gains.EOS price is currently consolidating gains near the $3.300 support area.Stellar (XLM) price is struggling...Read More
Switzerland-headquartered food retail giant Nestlé says it has had to adopt a “start-up mindset” in order to push ahead with its challenging blockchain venture. Insights into the retailer’s blockchain development work were revealed by Nestlé Digital Technology Manager Armin Nehzat in a Sept. 5 interview with TechWire Asia. A long-term journey, not a short-term bet...Read More
Plants vs. Zombies Battle for Neighborville is now available for those who buy the Founder’s Edition. Image via EA EA has stealth launched Plants vs. Zombies Battle for Neighborville, a fresh spin on the popular Plants vs. Zombies series. The new game offers class-based shooting gameplay as well as multiplayer modes and social spaces as...Read More
September 5, 2019 33 Views Samsung Electronics is releasing a new edition of its Galaxy Note 10 smartphone that will come with a pre-installed cryptocurrency wallet in its bid to further boost adoption for blockchain. According to a Wall Street Journal article on Thursday, the new product is a variant of Samsung’s flagship product Galaxy Note 10...Read More
In the midst of an unfavorable political climate in Hong Kong, Telegram, which has been used to organize protests in the region, will launch more privacy-enhancing features on its platform, as reported by South China Morning Post, September 4, 2019. Even though Carrie Lam has announced the withdrawal of the extradition bill, this was only...Read More
Slack stock plunged in after-hours trading after it forecast a wider-than-expected Q3 loss. This happened even though Q2 results beat expectations. | Source: REUTERS/Brendan McDermid Slack stock (NYSE: WORK) plunged as much as 15% in after-hours trading after it forecast a wider-than-expected loss for the third quarter. The stock tumbled even though second-quarter results beat...Read More
Rainforest Foundation US is a New York-based, non-profit NGO working in Central and South America, which is now hoping to support anti-deforestation efforts with crypto and blockchain tech. Deforestation and fires in the Brazilian Amazon On Sept. 4, the Rainforest Foundation reached out to the crypto and blockchain community to ask for their support to...Read More
The altcoin market is currently in crisis mode, with most of the various individual crypto assets outside of Bitcoin reaching new yearly lows, and in general, bleeding out all remaining value generated during the 2017 crypto hype bubble.The post appeared first on NewsBTCRead More
President Trump doubled-down on a previous prediction that the stock market would be trading 10K points higher were it not for his obsession with China. | Source: Shutterstock The broader stock market finished the day in the green, with all three of the major indices extending their 2019 gains. Not only that but year-to-date, the...Read More
After a bearish crypto-winter towards the end of 2018,, the market regained some modicum of bullish momentum this year. Off late, the king coin has struggled to stay above $10,000, with its price oscillating within the range of $9,400 and $12,000. Owing to this movement, altcoin volume has dipped to all-time lows, with the world’s...Read More
Bitcoin (BTC) has incurred increased volatility as of late, which was first sparked when it briefly touched $9,400 before surging to highs of $10,800, which is the price at which it faced some levels of resistance.Analysts are now noting that BTC is still trading within a long-established wide trading range, and that its mid-term trend...Read More
