Mainstream financial and government institutions have begun embracing blockchain and cryptocurrencies recently. PricewaterhouseCoopers is one such institution, with the auditing giant very open about getting into the space over the past few months. PwC is in the news again after PwC Luxembourg recently announced in a press release that it would start accepting payments made...Read More
After a week of being in the doghouse, Bitcoin has finally broken through the $10,000 level and is back above it once again. BTC made a big move today right after Labor Day ended, jumping by almost $1000 in mere hours. Bitcoin is currently trading at $10,411 on Bitfinex, attempting once again to hold the...Read More
Photo: Unsplash One of Thailand’s most popular cryptocurrency exchanges, Bitcoin Co. Ltd has announced this Monday that it will be closing down its cryptocurrency trading department due to desires to focus on other niche markets. The reasoning behind the shutdown may sound satisfactory for outsiders, but for the traders themselves, it’s quite underwhelming. Several investors...Read More
2019 has not been a bad year for crypto as some assets, including Bitcoin, have seen more than 100% in ROI. However, funding is significantly reduced and venture capitalists seem to be backing off. Why is this happening? The bear market which started in 2018 was a very disappointing period in crypto. This was made...Read More
September 3, 2019 5 Views Blockchain payments and ID platform Nuggets, which removes the need to store personal data with 3rd parties, has today announced a strategic partnership with global identity verification provider Onfido. Nuggets will be using Onfido’s technology to verify users for its blockchain payment and identity solution. Nuggets is a B2B2C platform...Read More
Whilst we have seen a mini-rally of bitcoin price over the past 24 hours, we still appear somewhat range-bound. In fact, since BTC first reclaimed five figures in June, we’ve been pretty much bobbing around the $10k level. Sure, there have been a couple of unsuccessful breakouts upwards, but nothing which has stuck. Well not...Read More
September 3, 2019 31 Views A Norwegian savings bank dating back to the mid-1800s has just invested in a cryptocurrency exchange set up by local business magnate Bjørn Kjos. In a press release posted on the Oslo Stock Exchange, Sparebanken Øst said it had taken a 16.3 percent stake in Norwegian Block Exchange (NBX) for 15 million Norwegian krone (around...Read More
Infinity Ward has all but confirmed that Call of Duty: Modern Warfare won’t have a battle royale mode, warning players to keep their greed in check. | Source: Infinity Ward Call of Duty: Modern Warfare developer Infinity Ward has all but confirmed that the upcoming first-person shooter would not include battle royale, warning players not...Read More
After a highly successful phase on launch of Binance Lending, the exchange has now announced the launch of a second phase with a few more digital assets added including BTC, ETH, and ADA. The Changpeng “CZ” Zhao-led Binance cryptocurrency exchange, has now announced that it is ready to launch the second phase of its Binance...Read More
Indian crypto exchanges are innovating, launching new products and improving services for their users, despite the country’s regulatory uncertainty and unresolved banking restrictions. Meanwhile, the Indian crypto community continues its efforts to convince the government that the draft bill to ban cryptocurrencies is flawed, calling for positive regulation instead. Also read: Crypto Can Boost Indian...Read More
Bitcoin price surged higher and broke the main $10,000 and $10,200 resistances against the US Dollar.The price is currently consolidating below the next key resistance at $10,500-$10,525.This week’s followed key bearish trend line was breached with resistance near $9,880 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price is currently trading...Read More
The total crypto market cap recovered nicely and broke the key $250.0B resistance area.Bitcoin price is up more than 7% and it recently climbed above $10,400.Binance coin (BNB) price is also gaining momentum and it recently broke the $22.50 resistance.Litecoin (LTC) price is facing a few solid hurdles near the $68.00 and $70.00 levels.BCH price...Read More
According to news published on Bloomberg on Septemeber 2, Yves Mersch, an executive board member at the European Central Bank (ECB), stated that Facebook’s proposed Libra currency could undermine the European Central Bank’s ability to set monetary policy. You Can’t be a Central Bank During the European Central Bank conference in Frankfurt, Yves Mersch, an...Read More
The Dow futures are in the red following the response of China towards new sanctions imposed by the U.S., fueling fears of a possible recession. | Source: Shutterstock The Dow futures are in the red once again following the response of China towards new sanctions imposed by the U.S., fueling the drop of the bond...Read More
Binance, the world’s largest exchange by trading volume, has acquired JEX, a crypto-asset trading platform that offers spot and derivatives trading services. The exchange announced the acquisition on Sept. 2, saying, “JEX will join the Binance ecosystem as Binance JEX and focus on further building the crypto-asset derivatives market.” According to the announcement, Binance will...Read More
Craig Wright is looking to challenge Judge Reinhart’s decision and has asked the court for an extension of time in order to dispute the August 27 ruling. Wright was recently instructed to distribute 50% of his BTC holdings allegedly mined before 2014 and intellectual property (IP) to the Kleiman estate. Wright’s legal counsel based in...Read More
News surrounding the imminent launch of Facebook’s cryptocurrency – dubbed Libra – captivated the world earlier this Summer, and although the hype surrounding the project has largely worn off, many analysts still view it as a catalyst for greater widespread adoption of crypto.Although Libra was met with praise by many, it certainly has its fair...Read More
In a recent interview, the founder and CEO of eToro, Yoni Assia shed light on the fact that several people anticipate or expect the 2008 financial crisis to repeat itself. This is primarily because the crypto investors expect a surge in the price of Bitcoin in such a case. The potential financial crisis would enable...Read More
Connecticut police caught a man who had stolen over $15,000 worth of digital currency in a mobile phone theft after he mistakenly sent an apology email to a detective heading the investigation. Back in April, a Connecticut resident fell victim to a cryptocurrency theft by New Jersey citizen Darren Carter, wherein the latter swiped the...Read More
Billionaire bitcoin skeptic Ray Dalio was trolled on Twitter after gushing how much he enjoyed this year’s Burning Man festival. | Source: (i) Reuters/ Brian Snyder (ii) Ray Dalio Twitter Account; Edited by CCN Ray Dalio, a billionaire investing guru and noted bitcoin skeptic, was teased for “ruining” Burning Man. Dalio is the founder of...Read More
September 2, 2019 21 Views Fans are up in arms after Sony delisted stunning racing game Driveclub from the PlayStation store a day earlier than planned. | Source: Source: Justin Sullivan/Getty Images/AFP Fans are up in arms after Sony delisted Driveclub from the PlayStation store a day earlier than planned. Sales of the driving game...Read More
After facing a significant amount of selling pressure that resulted from its recent drop below $10,000, Bitcoin’s bulls have stepped up and are now attempting to push BTC back into the five-figure price region.This upwards momentum has been bolstered by a massive BTC buy wall on Binance and a bullish fractal pattern that may suggest...Read More
Crypto exchange platform operator Bitfinex just added two derivative products with the tickers BTCF0/USDt0 and ETHF0/USDt0. The derivatives went live after Bitfinex implemented a system upgrade. The “Perpetual Contracts” Come with Up to 100x Leverage Bitfinex’s so-called perpetual contracts have been in development since at least several months. According to a whitepaper published in May,...Read More
The Financial Integrity Network (FIN) — a Washington D.C.-based advisory firm — has urged the United States Congress to regulate firms in the cryptocurrency sector under the Bank Secrecy Act (BSA). Virtual asset service providers should be regulated under BSA In a copy of FIN testimony published ahead of a hearing on Sept. 3, FIN...Read More
Xbox is holding tattooing events across the world in the lead up to Gears 5’s release next week, and it all feels like a mistake in the making. | Source: (i) Christian Petersen / Getty Images / AFP (ii) Shutterstock; Edited by CCN There are marketing events to promote the launch of a game and...Read More
The blockchain industry in South Korea is reportedly facing a difficult period reports local media platform The Block Post. While the struggles of cryptocurrency exchanges in the country isn’t exactly news, it appears that other crypto-businesses are also experiencing similar problems sparking fears of a slowdown in South Korea’s digital economy advancement. ICO Projects Going...Read More
The Bitcoin (BTC) price has rallied over the past few days and has again crossed the $10,000 threshold. Bitcoin 7-day chart. Source: Coin360 On Aug. 28, Bitcoin dropped $600 in the course of a half-hour, sinking below the $10,000 mark before slumping to a weekly low of $9,362 on Aug. 29. The price has slowly...Read More
Max Keiser bets on Bitcoin’s sharply rising hashrate and the Game Theory to back his predictions. He says hashrate, and not the Bitcoin price, is the true indicator of the crypto’s inherent strength. The last month of August 2019 ended almost on a flat note for Bitcoin as the cryptocurrency consolidated around $10,000 levels. In...Read More
On September 3rd, 2019, the Maya Coin (MAYA) and Fantasy Sports (DFS) ERC20 tokens will be listed on the European Union licensed P2pb2b.io exchange. The tokens will be offered in BTC and ETH trading pairs at starting prices of $0.75 and $0.05 respectively. Both Maya Coin and Fantasy Sports are owned by UK Financial Ltd.,...Read More
The Bakkt launch is one of the most anticipated and talked about in the sector currently. We take a look at whether or not this means anything for Bitcoin at all. It’s less than a month until Bakkt officially launches its Bakkt Warehouse. From Friday, the 6th of September, interested users will have access to...Read More
