Trade wars are usually good news for non-sovereign, highly secure digital stores of value. With Bitcoin [BTC] registering continuous growth in adoption rate, Circle CEO Jeremy Allaire pictures a scenario where individuals will convert a part of their long-term investment capital into digital assets. Circle shared the interview with Global Coin Research over its official...Read More
Simetri Research, a crypto research and analysis service backed by digital currency reviewer Crypto Briefing and crypto price aggregator CoinMarketCap, has launched a new platform that displays short-term trading signals. Closing the information gap Crypto Briefing announced the new service, Coins on the Move, on Aug. 22. Coins on the Move is reportedly designed to...Read More
Terra, a project building a payment system on the blockchain, announced today that it has received a strategic investment from HashKey Capital, a leading investor with a large portfolio of fintech and blockchain companies. The investment will help Terra further its goals of expanding its e-commerce and retail alliance across Asia. HashKey Capital is an affiliate...Read More
Blockchain startup Blockstack PBC has received strategic investment from Japanese human resources giant Recruit Holdings. U.S. startups look for Japanese partnerships The Block reported the startup’s new funding on Aug. 22. As part of the investment deal, Recruit, which is currently valued at $50 billion USD, is purchasing Blockstack’s STACK tokens. Blockstack PBC CEO and...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex Technical Analysis On the weekly timeframe, the Bitcoin remains in the correction phase, which may extend and bring the quotations to the psychologically important level of $7000.00. Upon the end of the correction, a new wave of growth may be expected, confirmed by the ascending dynamics of the...Read More
According to a press release dated August 21, 2019, the U.S. Treasury Department has blacklisted three Chinese citizens and one Chinese Entity for allegedly leading an online-based drug trafficking organization that was smuggling opioids inside the US. Criminals have been blacklisted and personal data have been disclosed including several bitcoin addresses and one litecoin address....Read More
Ethereum could become the first public blockchain on Hyperledger – if the open-source consortium’s technical steering committee approves a proposal to adopt the ConsenSys-backed Pantheon project. Pantheon is a suite of ethereum-based services built by PegaSys, a 50-strong engineering team at ConsenSys. The Pantheon ethereum client, built on Java, is used to develop enterprise applications with...Read More
Crypto exchange Coinbase’s user-controlled Coinbase Wallet has enabled its clients to use decentralized apps (DApps) on any desktop browser with the WalletLink service. Expanded access to DApps Per an official blog post on Aug. 22, Coinbase Wallet’s users can now use their DApps on any desktop browser through WalletLink, which serves as a bridge between...Read More
Netflix stock is down 30%, but the NFLX technical picture suggests a major rally waits on the near-term horizon. | Source: Shutterstock By CCN Markets: Netflix stock remains firmly in the limelight – for all the wrong reasons. NFLX shares are down nearly 30 percent from their all-time high, and the stock has plunged more...Read More
The XFL has released eight team names and logos, but they have no chance against the juggernaut that is the NFL. | Source: AP Photo/Paul Sakuma, File By CCN Markets: The XFL just announced their team names and logos for the upcoming 2020 season. The names all have a tough, battle-ready theme. The Renegades, the Guardians,...Read More
Distributed ledger startup Ripple has added a new client to its to its global settlements platform, RippleNet. UK-based remittance firm, Xendpay, announced a partnership with Ripple that allows the firm to enter new markets like the Philippines, Bangladesh, Malaysia, Vietnam, Indonesia, and Thailand. According to a statement published August 21, RippleNet supports currencies that were...Read More
A volatile Dow Jones clung to gains amid a broader stock market decline thanks to a rally from one key $200 billion stock. | Source: REUTERS / Eduardo Munoz By CCN Markets: The Dow Jones stood resolute amid heavy selling pressure on Thursday after the inversion of the US yield curve once again proved to...Read More
In a dip that matched last Friday’s, bitcoin fell back to $9,780 during Asian trading today. The trend has been clearly down this month and further losses have been predicted for BTC by leading crypto analysts. Bitcoin Back in Four Figures At the time of writing, BTC was clinging on to the $10k level after...Read More
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. CROSS is a project aiming to develop an exchange platform that trades various digital assets globally including CROSS...Read More
South Korean blockchain startup Blockco has secured 9 billion Korean won ($7.5 million) in a recent Series B+ funding round participated by major local banks. Banks continue interest in blockchain Backed by South Korea’s tech giant Samsung, Blockco announced the investment in a blog post on Aug. 22. The funding round involved South Korea’s oldest...Read More
Bitcoin (BTC) price has far higher to go during its current market cycle if crowd sentiment takes charge, according to analysis of the Bitcoin Days Destroyed (BDD) technical metric. In social media posts Aug. 22, Hans Hauge, senior qualitative researcher at crypto investment fund Ikigai, identified Bitcoin sentiment as being similar to early 2017. That...Read More
In an all-time first, the G7 hasn’t concluded an agreement in the Trump-era. | SourcE: AP Photo/Evan Vucci By CCN Markets: For the first time in the G7’s 44-year history, the summit will conclude without a joint communique. According to the Financial Times, the host of this year’s summit French President Emmanuel Macron has decided...Read More
Bitcoin price declined heavily in the past few sessions below $10,000 against the US Dollar.The price is currently correcting higher after it tested the $9,750 support area.There is a declining channel forming with resistance near $10,100 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price could correct higher in the short...Read More
The total crypto market cap extended its decline and broke the key $260.0B support.Bitcoin price declined around 8% and settled below the key $10,000 support.EOS price traded below the $3.550 support and remains at a risk of more downsides.Binance Coin (BNB) is extending its decline below the key $27.50 support level.BCH price is down around...Read More
An interesting stock market pattern suggests the market will be moving higher, but it doesn’t tell the entire story. | Source: AP Photo/Richard Drew By CCN Markets: The S&P 500 is showing an intriguing pattern of behavior. May 30 was the ninth consecutive day that the stock market index closed above the 200-day moving average but...Read More
Target delivered a big upside earnings surprise on Wednesday, driving the stock up by 20% and casting some doubt on Amazon’s world dominance. | Source: Shutterstock; Edited by CCN By CCN Markets: Target Corporation reported shockingly good earnings on Wednesday, casting some doubt as to whether Amazon has in fact conquered the retail world. As...Read More
The White House issued two advisories on drug purchases in the United States today with specific references to cryptocurrencies. The advisories, addressed to both financial institutions and digital payment platforms, state that “convertible virtual currencies” (CVC), particularly bitcoin, bitcoin cash, ethereum, and monero, can be and have been used for illicit substance purchases on the clear,...Read More
Dow Jones stock Goldman Sachs is trading below book value, suggesting it could be a buying opportunity for patient long-term investors. | Source: Shutterstock By CCN Markets: Apple may be getting all the attention about its new credit card, but there is another company involved whose stock might be the real buying opportunity. Goldman Sachs,...Read More
Onther, a leading Ethereum blockchain R&D company, Ethereum Foundation grantee, and supporter of MakerDAO, has announced that to further support Maker’s ecosystem, it will be providing audits to Multi-Collateral Dai (MCD) candidates and accept Dai for its services. In the past, Onther produced technical content in Korean on various parts of the Maker ecosystem including...Read More
Binance is expected to launch its upcoming exchange platform in the United States by the end of the year, with the company’s executive estimating that the platform will launch within “a month or two.” In the interview, Changpeng Zhao (aka CZ), the CEO of Binance, predicted the launch despite acknowledging that many things are still...Read More
Cryptocurrency markets fell hard on August 21 following the $700 price drop bitcoin core (BTC) saw during the early morning trading sessions. Most digital assets have lost 2-8% in value as the overall market valuation of all 2,000+ coins has plunged to $263 billion. Crypto price movements have been following a trend of strong volatility,...Read More
Apple Card is irrelevant. It strives to become a marketing tool for an underperforming iPhone market rather than an actual credit card. | Source: AP Photo/Tony Avelar, File By CCN Markets: The first thing to understand about Apple Card is that it is not exactly a card. Undoubtedly, the technology behemoth’s entry into the finance sector...Read More
Bitcoin Cash Price Analysis (BCH/USD) In the last 24hrs, Bitcoin cash has maintained a bearish run. The same trend is most likely to continue since the 21 day MA is actively trading above the 7 day MA. BCH/USD pair corrected losses yesterday to trade below the critical resistance level at $322.0. Additionally, the bearish pressure...Read More
Recently Peter Wuille introduced a new smart contract language for the Bitcoin code called Miniscript. Peter, who is known for creating the SegWit code, says he has been working on this for about a year. In recent news, Peter Wuille, the creator of SegWit has come out with a new work. This time it is...Read More
Securitize, a platform and protocol for issuing and managing compliant digital securities on the blockchain, announced today it is now an SEC-registered transfer agent. This registration enables Securitize to act as a transfer agent for digital securities registered with the SEC, as well as for issuers of Reg A+ and Reg CF digital securities who...Read More
