Self-proclaimed creator of Bitcoin (BTC) Craig Wright wants to challenge a recent court order requiring him to pay 500,000 Bitcoins to the Kleiman estate. Reinhardt did not have power to enter the order, Wright says On Aug. 30, Wright’s attorney Andres Rivero filed a document with the United States District Court for the Southern District...Read More
Cryptocurrency exchange Binance has launched not one, but two test platforms for its planned crypto futures products. Dubbed Futures A and Futures B, the new testnets are now open to users for testing, with new competitions to encourage traders to get involved. On Monday, Binance announced on its website that users will be able to vote...Read More
The Eurozone’s biggest economy is in decline and the reported stimulus is likely to prove inadequate. | Source: AP Photo/Richard Drew By CCN Markets: Economists expected Germany, the biggest economy in the eurozone, to introduce crucial stimuli to boost the eurozone economy that could shift the sentiment of the European equities and the wider stock...Read More
Bitcoin price is currently correcting higher and is trading above $9,650 against the US Dollar.The price is struggling to break the $9,800 and $9,880 resistance levels.There is a major bearish trend line forming with resistance near $9,900 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price could only turn bullish after...Read More
The total crypto market cap is correcting higher towards the $250.0B resistance area.Bitcoin price is also approaching towards many hurdles near $9,800 and $10,000.BCH price is currently consolidating near the key $280 support area.EOS price is under pressure and it seems like it could struggle to climb above $3.350.Stellar (XLM) price is once again declining...Read More
After dropping by over $1,000 in a single day last week, Bitcoin has been trading sideways around the $9,500 range this weekend. The past couple hours have been exciting for the market though, because the Bitcoin price broke upwards and tested $9,800. It’s clear that the market will test the $10,000 level once again, as...Read More
September 2, 2019 4 Views Here’s what happened this week in Bitcoin. The trial between the self-proclaimed creator of Bitcoin, Craig Wright, and the family of his former partner, Dave Kleiman, was concluded this week. The judge found that Wright lied in his testimony and falsified evidence. The judge further ordered Wright to transfer...Read More
The first birth certificates to be recorded by exclusively using blockchain technology were issued in Brazil. As Cointelegraph Brasil reports on Sept. 1, Álvaro de Medeiros Mendonça is one of the first children in the country to have their birth certificate recorded only with blockchain technology, without the need of the registry office. Streamlining registration...Read More
The municipal government of São Paulo, Brazil, is going to use a blockchain registry for its public works projects. The Municipal Secretariat of Urban Infrastructure and Works contracted blockchain firm Construtivo to implement a blockchain solution for city hall, Cointelegraph Brasil reports on Sept. 1. Better transparency after past inefficiencies The city has decided to...Read More
Philippine boxing champion and celebrity Manny Pacquiao has launched his own cryptocurrency. On Sept. 1, the South China Morning Post reported that the Filipino boxer turned politician and singer launched his own token with the financial support of private investors such as ex-Liverpool and England soccer star Michael Owen and Sheikh Khaled bin Zayed al-Nahyan,...Read More
Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Sudden slump sees Bitcoin lose support for five figures After...Read More
In a bid to set international governance standards and safety nets in the cryptospace, MERJ Exchange, Seychelles’ first national stock exchange to list tokenized securities, has partnered with Globacap, the U.K.’s first regulated platform to issue equity tokens. In their alliance, the duo will offer tokenized assets to the U.K. and European customers in an...Read More
There are several countries around the world that are developing national blockchain-based digital currencies — such as Venezuela and its state-owned Petro (PTR), China and its plans to issue a government-backed digital currency, etc. We reached out to experts in the crypto and blockchain industries, central bank officials and researchers to answer whether or not...Read More
It was December 2017, the Bitcoin was at almost 20k US dollars and I had just made my first transfer of 100k satoshis to a friend. The satoshis were supposed to arrive in minutes; however, it arrived in 2 days. The disappointment was huge. It was the first operation that me and my friend handled...Read More
Telegram Open Network’s (TON) blockchain will allow developers to port their Ethereum (ETH) smart contracts. As industry news outlet CoinDesk reported on Aug. 30, software startup TON Labs managed by Telegram’s token offering investors is building a Solidity compiler for its blockchain. This programming language is primarily used to develop smart contracts in the Ethereum...Read More
There was a major downward move below the $10,000 support in bitcoin price against the US Dollar.The price is currently correcting higher, but upsides remain capped near $9,800 and $10,000.There is a major bearish trend line forming with resistance near $9,980 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).There could be...Read More
This week saw major expansion of crypto payments in Brazil, new standards freeing Bitcoin from Portuguese taxes, and the allegedly fraudulent Grupo Bitcoin Banco’s refusal to pay clients their deposited funds. Brazil’s central bank announced that it would classify cryptocurrencies according to International Monetary Fund (IMF) guidelines on Aug. 26. With the new classification under...Read More
Dev House House was out to ruffle some feathers by announcing the release date for possibly the best-titled game ever – Untitled Goose Game. | Source: Christian Petersen / Getty Images / AFP Melbourne-based four-person development team House House was out to ruffle some feathers when it announced yesterday the release date for possibly the...Read More
This week saw twin reports from smart contract startup Simba Chain and blockchain data management firm Constellation, both of whom announced contracts with the United States Air Force. New utility in USAF Judging by these developments, the U.S. Air Force is looking seriously at new tech to shore up supply chains and rearrange data. Simba...Read More
Exxon Mobil was muscled out of the S&P 500 index’s top 10 stocks, but a potentially bullish scenario for oil could return the stock to its former glory. | AP Photo/Carolyn Kaster Exxon Mobil has not been able to escape the wrath of the global economic slowdown and the U.S./China trade war. The company, whose...Read More
Despite the severe economic and political issues on top of strict crypto regulations in South Africa, Riccardo Spagni, a member of the Monero Core Team and co-founder of decentralized platform Tari Labs says the country is still an excellent breeding ground for motivated entrepreneurs, reports Mybroadband on August 30, 2019. Local Businesses can Benefit Per...Read More
On Aug. 28, the Ministry of Economy of Kyrgyzstan has submitted the draft law “On Amending the Tax Code” with the aim of introducing cryptocurrency mining taxation. New tax proposal According to news outlet Kabar, the draft law was specifically developed to allow for the possible taxation of crypto mining. The taxation on cryptocurrency mining...Read More
Microsoft has issued a refund to a 12-year-old child with ADHD who spent over $1,300 on Xbox One video games without his parents’ knowledge. | Source: Shutterstock Microsoft has finally refunded more than 100 purchases made by a 12-year-old gamer from the UK. The child, who had been diagnosed with ADHD and exhibits symptoms of...Read More
Carvana is all about making the experience of buying a used car fun. It’s “candy for millennials.” The stock rallied by over 900% in 2 years. | Source: Shutterstock Carvana Corporation is all about making the experience of buying a used car fun. Buyers browse through the tech company’s selections online. Once approved for financing,...Read More
Popular streamer Ninja slams Fortnite cheaters who take part in teaming, calling for Epic Games to do something to ‘mitigate’ the issue. | Source: Robert Reiners / Getty Images / AFP Popular streamer Ninja unloaded on Fortnite cheaters who he says are ruining the battle royale juggernaut’s competitive landscape. The streamer, real name Tyler Blevins,...Read More
Noelle Acheson is a veteran of company analysis and CoinDesk’s Director of Research. The opinions expressed in this article are the author’s own. The following article originally appeared in Institutional Crypto by CoinDesk, a free weekly newsletter focused on crypto assets. Sign up here. For a primer on crypto custody concepts, you can download our free report here. ...Read More
This week, major cryptocurrency exchange Binance stated that it plans to take a conservative approach and that Venus project will comply with all the regulatory requirements. This will keep it away from the hurdles that Facebook’s Libra project currently faces. The total market capitalization of cryptocurrencies has dipped below $250 billion. Since mid-July, crypto markets...Read More
Bitcoin Price Analysis (BTC/USD) BTC/USD pair is today correcting gains from yesterday’s massive fall that dropped its price down below the $10,000 level. However, the pair’s price is today, trading between support level $9381.81 and resistance level $9573.84. Additionally, the RSI indicator moved from the oversold level and is currently heading towards the positive area....Read More
According to some reports, Telegram Open Network (TON) will be compatible with Ethereum. The company is set to release the code to run a node on the Telegram Open Network (TON) on Sunday. It seems that Telegram messenger is planning to begin public testing of its long awaited blockchain, TON (the Telegram Open Network) on...Read More
Photo: Shutterstock However, it shows that most of the profitability has been gathering around the last three years, where Bitcoin had reached both its most profitable and its most unprofitable price point. Although the largest fall was to somewhere around $3000 it needs to be considered that hash rate and mining complexity were up and...Read More
