Earlier today, the CEO of the world’s leading cryptocurrency exchange Binance, Changpeng Zhao, posted a rather intriguing tweet, asking whether people would like to earn cryptocurrency in their sleep, hinting that something will happen on Binance today. Is Binance lending about to come to light? BNB Price Spikes Following CZ Tweet Binance Coin (BNB) is...Read More
The tight range continues to play: Over the past two days, since our recent price analysis, we saw Bitcoin keeping up the $10,000 support alive. More than that, Bitcoin didn’t break down the mentioned triangle formation. During the recent hours, we saw Bitcoin spiking up to a 5-day high – $10,805 on Bitmex (while on...Read More
Monday’s trading session introduced a fresh wave of renewed optimism as Bitcoin hit 5-days highs before pulling back down again. The cryptocurrency saw a sudden 5% increase in its price which caused a massive liquidation of shorts positions on Bitcoin margin trading exchange BitMEX. Bitcoin Price Hits 5-Day Highs A few short hours ago, Bitcoin’s...Read More
Ripple has remained pretty stagnant this past week after ‘suffering’ from a small 4% price decline, to bring the price of XRP down to $0.2694, at the time of writing. The cryptocurrency has struggled over the past 30 days after dropping by a total of 15% with a further 37% price plunge over the previous...Read More
Binance’s token launch platform, the Binance Launchpad, announced earlier today the lottery results of its most recent token sale – Perlin. Even though 86 million PERL tokens were distributed to the lucky draw winners, there was a slight wave of disappointment among the participants, as the vast majority of them didn’t win a single ticket....Read More
With many altcoins struggling gruesomely and Bitcoin rapidly usurping almost 70% of the total crypto market cap, some crypto analysts have predicted that there will not be another altcoin season until 2020. The current situation of the market today, however, may be an indication that it is time for a new altcoin season. Looking at...Read More
Over the past ten days of trading, we had seen Bitcoin trading inside a very tight price range between ~$9400 and ~$10,800 (which contains the 50-days moving average line, marked purple on the following chart). The above range is also forming a horizontal triangle pattern where its apex is getting very close – it seems...Read More
Telx Technologies, a telecommunication company, has introduced the world’s first SIM card to send cryptocurrency via text message. Instead of using a wallet addresses, the agenda is to use a phone number to identify the people involved in a transaction. Telx will provide its service to more than 180 countries. The SIM card will support...Read More
Wanchain’s (WAN) price increased by over 50% over the past two days, after a major announcement from the team behind the project. The company issued an announced that they will begin earning rewards for securing the network when the Proof-of-Stake consensus algorithm replaces the previous Permissioned Proof-of-Work (PPoW) algorithm on September 3. Following last month’s partnership with...Read More
Ethereum has managed to rebound and remain above the rising support line which we mentioned in our previous ETH analysis. The cryptocurrency has seen a 4% price rise over the past seven days, which has allowed the price of ETH to reach over $193. Even though ETH has remained above the trend line, the cryptocurrency...Read More
The controversy around Facebook’s Libra continues as some of its backers are trying to distance themselves from it. At least three of the main supporters have met in private to discuss a potential retreat from the project as the regulations experience strong resistance, as reported by the Financial Times. The severe backlash from politicians and...Read More
Digitex Futures, a decentralized non-custodial and commission-free cryptocurrency futures trading platform, will be launching its public testnet in the fourth quarter of 2019, according to the company. The exchange, in collaboration with Moscow-based software development and smart contract audit firm SmartDec, had stated that its testnet, which has been in development since May would finally...Read More
Bitcoin has been on a rollercoaster over the past few days, after rebounding at $10,000 only to reach the resistance at $10,800 and rolling over to return down to $10,000, where it traders now. Looking at the Bitcoin weekly chart, we can see that the coin might be forming a descending triangle pattern. The interesting thing...Read More
For years the method for crypto-derivative trading had a basic implementation that brought a significant amount of risk. Institutional traders were communicating and negotiating privately large trades via Skype and Telegram, whereas the order book’s execution was manually coordinated afterward. The main risk is mostly related to the execution itself as the combination trades, and...Read More
A group of hardcore bitcoin maximalists have heroically overcome their hatred for Ethereum after receiving ERC20 shares in crypto exchange INX worth hundreds of thousands of dollars. The staunch BTC loyalists, led by Blockstream CTO Samson Mow, have agreed to support a project built on Ethereum, despite all the mean things they’ve said about it....Read More
Miller Lite, the popular beer brand from U.S. brewer MillerCoors, has teamed up with a blockchain marketing company for the latest iteration of its “Know Your Beer” program. For the ongoing campaign, launched July 1, Vatom Labs built what it calls a mobile”edutainment game,” called Great Taste Trivia, that served a 12-question quiz to cellphones, geo-targeting...Read More
The Takeaway: Experts say Hamas is now using bitcoin for cross-border fundraising at an unprecedented rate. Still, even the largest estimates of terror financing in the region are apparently dwarfed by civilian bitcoin usage in the Gaza Strip, local experts tell CoinDesk. General awareness in Palestine of bitcoin and ethereum has increased since 2018. Freelance...Read More
A VC-backed blockchain firm that helped curate courses at Harvard, Oxford and Cambridge is officially rolling out its programs at three California universities. MouseBelt‘s Blockchain Accelerator launched Wednesday at UC Davis, UC Los Angeles and UC Santa Barabara, boosting the educational presence at the noted U.S. schools. Backed by over $40 million in funding from...Read More
Bitcoin dominance is the crypto market share of the leading cryptocurrency, Bitcoin, over the rest of the crypto market. The indicator has been fluctuating between a high of almost 96% in November 2013 and a low of 33.4% recorded in January 2018, during the craziest altcoin season. Following the BItcoin’s Bull Run of 2019, the dominance...Read More
Bitcoin’s true share of the total market capitalization for all cryptocurrencies could be as high as above 90%, a new analysis claims. Bitcoin’s true share of the total market capitalization for all cryptocurrencies could be as high as above 90%, Forbes reported on Aug. 22. While mainstream crypto data aggregators have been pointing to a...Read More
Bitcoin’s short-term outlook has turned decidedly bearish after a week of sideways action. Bitcoin (BTC) price was testing support at $10,000 Aug. 22 as the largest cryptocurrency fluctuated between four and five figures. Market visualization. Source: Coin360 Difficulty must touch floor before Bitcoin price moons Data from Coin360 showed BTC/USD crossing the $10,000 mark multiple...Read More
It may seem trivial in some cases, but digital anonymity is no joking matter to American whistleblower and privacy advocate Edward Snowden. “We need someone to be able to post something truly idiotic on the internet and not have it haunt them for the rest of their lives,” he said through a webcam to a crowd...Read More
The White House issued two advisories on drug purchases in the U.S. Wednesday, using the communications to make specific references to the role of cryptocurrencies in such transactions. The advisories, addressed to both financial institutions and digital payment platforms, state that “convertible virtual currencies,” particularly bitcoin, bitcoin cash, ethereum and monero, can be and have been used...Read More
Blockchain.com will integrate Polkadot tokens into its wallet following a new partnership in order to drive more decentralization. Luxembourg-based crypto data supplier and crypto wallet Blockchain.com has partnered with blockchain interoperability protocol Polkadot. Driving decentralization On Aug. 20, Blockchain.com announced it will integrate its Blockchain Wallet with the Polkadot Network in order to drive the...Read More
Nonprofit organization Kiva along with the government of Sierra Leone have launched a country-wide blockchain solution for credit history. San Francisco-based nonprofit Kiva, a company that crowdfunds loans for financial inclusion, has launched a blockchain platform for credit history with the government of Sierra Leone. According to a Reuters report on Aug. 21, Kiva and...Read More
11 open-source code libraries written in Ruby contained cryptojacking code and were downloaded thousands of times. A Cryptojacking code was found in 11 open-source code libraries written in Ruby, which have been downloaded thousands of times. Industry news outlet Decrypt reported on Aug. 21 that cryptojacking code has been added to 11 open-source Ruby libraries...Read More
The U.S. Department of Treasury has sanctioned three alleged narcotics operators and their crypto addresses. The United States Department of the Treasury has added multiple cryptocurrency addresses to its Specially Designated Nationals (SDN) list under the Foreign Narcotics Kingpin Designation Act, also known as the Kingpin Act. These addresses, and the individuals associated with them,...Read More
Ukraine’s top law-enforcement and counterintelligence agency uncovered crypto mining equipment on site at a nuclear power plant. According to local media reports, the Security Service of Ukraine (SBU) confiscated six Radeon RX 470 GPU video cards, a motherboard, power supplies and extension cords, a USB and hard drive, and cooling units installed in the South...Read More
The merchant payments startup Flexa will soon allow any other app to run payments in crypto just like its own SPEDN app has since May. Staking with the company’s Flexacoin (FXC) will enable apps to trustlessly provide payments to merchants without any danger of malicious apps reversing a transaction after Flexa has transferred funds. The...Read More
Cryptocurrency exchange Gemini announced Wednesday that it is officially opening its doors to customers in Australia. The exchange’s fifth international move, the development means that Australian users can buy and sell five cryptocurrencies on Gemini including bitcoin, bitcoin cash, ethereum, litecoin, and zcash. The startup, founded by investors Tyler and Cameron Winklevoss, is also making...Read More
