The Financial Stability Board (FSB) has appointed Ryozo Himino, Japan’s top cryptocurrency regulator, as the new head of its Standing Committee on Supervisory and Regulatory Cooperation. FSA Cryptocurrency Regulator Joins FSB In a press statement issued on Monday (September 2, 2019), the international financial system watchdog announced Himino’s appointment. According to the press statement, the...Read More
A near million-dollar bitcoin ransom has secured the freedom of a kidnapped Chinese national in Sydney. | Source: Shutterstock The Chinese pre-university student who was reported kidnapped late last month in Australia for 80 Bitcoin has been rescued and reunited with his family. The Chinese Consulate-General in Sydney confirmed that the 20-year old Ye Jingwang...Read More
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
Last Wednesday, French police shut down a massive botnet that managed to install malware on over 850,000 computers. This network was partially used to distribute ransomware and carry out data theft. However, it was also used for cryptojacking, allowing the attackers to mine Monero on their victims’ computers. The three-year-long operation earned the attackers millions...Read More
Bitcoin price trajectory is heading back to $20,000, BitMEX CEO Arthur Hayes has said as he returns to the spotlight after a month-long absence. Hayes Emerges For Conference In a tweet on September 3, Hayes, who at the start of August said he was abandoning public life, will attend the Invest Asia conference in Singapore...Read More
If implemented, Facebook posts will no longer show the number of likes or reactions to a post. The user who created the post can see a list of people and their reactions, but a number won’t be displayed. Will influencers suffer another slap in the face? Just after Instagram said it plans to hide Like...Read More
Investor’s in Uber’s stock are currently anything but happy as its value has dropped from the initial $45 it started with to $32. What are the chances UBER will rise? Valued at $82.4 billion, Uber completed its IPO in May and started at $45 per share. The company which seemed to have been struggling with...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Tuesday, September 3rd, the TRX cryptocurrency remains under pressure, but there is no more aggressive selling. The instrument is generally trading around $0.0158. Tron Price Analysis In order to understand what is going on with TRX (TRON), let us have a look at the daily timeframe. Here,...Read More
Binance enters into the cryptocurrency derivatives market with the acquisition of an exchange based in Seychelles, JEX, which will rebrand to Binance JEX offering options, futures, and perpetual contracts. The crypto industry is growing constantly with new deals and investments dominating the scene over the years. Binance, the world’s largest exchange by trading volume, has...Read More
Facebook’s much-publicized and criticized crypto ‘Libra’ will see competition by one of the world’s biggest tech companies, Amazon, a report has claimed. | Source: Shutterstock; edited by CCN. Since Facebook announced the Libra cryptocurrency, a couple of other similar projects have been unveiled with all of them being dubbed potential ‘Libra-killers’. They include Venus, an...Read More
New York-based Van Eck Securities and SolidX Management will start offering shares in a Bitcoin exchange-traded fund (ETF), the Wall Street Journal (WSJ) reports. Crypto ETF Available to Institutional Investors Even if only a few days have passed since the start of September, this month might be a turning point for Bitcoin and the crypto...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
According to the sources, the tech would utilize the Apple Watch’s motion sensor, heart rate monitor and noise detection to measure your quality of sleep. No other device will be needed. On September 10th, among its other products, Apple is expected to also show the new Apple Watch Series 5. Some rumors have been going...Read More
In a relief rally for the investors, Bitcoin price jumped 6% to move above $10,000 levels. With today’s move Bitcoin alone contributes to 70% of the overall cryptocurrency market cap. The Bitcoin price is finally back above its crucial support of $10,000 levels giving its investors a sigh-of-relief. Last week, Bitcoin crashed below $9500 making...Read More
Over the past few years, Asian countries have been at the crux of the cryptocurrency ecosystem, with major developments constantly transpiring on the continent. The likes of China, South Korea, and Japan are regularly talked about in the cryptoverse these days and a shift towards significant progress may prevail sooner than later for these nations....Read More
Photo: Xiaomi / Facebook The stock of the Chinese smartphone maker Xiaomi Corp seems to be answering to news of the buyback, its biggest, by climbing nearly 7%. Last week the company announced an HK$12 billion (US$1.53 billion) share buyback plan in a reversal of its cash-management strategy that is aimed at boosting its floundering...Read More
Changpeng Zhao-led cryptocurrency exchange, Binance, recently launched a crypto-lending platform on its network. The exchange had informed the community that the lending platform was supporting just three assets, namely, BNB, ETC, and USDT. Holders of the aforementioned coins could engage in lending and further, earn interest through the exchange’s services. The Malta-based exchange will be...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
Photo: Liquid / Instagram Japan-based cryptocurrency exchange Liquid, that conducted a sale of Telegram’s crypto tokens back in July, has revealed the wallet address where the sum will stay until releasing of the tokens. The wallet, as announced, carries $4,123,116.76 worth of the USDC stablecoin. As we previously reported, the strange story started out in...Read More
Hive OS is the ultimate mining management platform which provides a more efficient administration of a large mining farm. Hive OS is free with firmware Hiveon ASIC while the Hiveon Pool is the most profitable and efficient mining pool. Hive OS is a mining platform which allows for the easy setup and overseeing of all...Read More
VC firm Andreessen Horowitz Co-Founder Marc Andreessen reportedly delivered the opening remarks to a cadre of Washington regulators. | Source: REUTERS/Lucy Nicholson By CCN Markets: Angel investment and venture capital firm, Andreessen Horowitz, has taken an “unusual” measure in the fight against Washington’s clampdown on cryptocurrency. To secure its stake within the emerging crypto industry,...Read More
Binance Coin Price Analysis (BNB/USD) On an intraday chart, BNB/USD pair has dug deep to trade below the $25.0000 level. However, it has maintained a downside mode with a dip of about 0.98% over the last 24hrs. A high volatile movement was also encountered with price hovering between $21.6957 and $21.1765 (Support and resistance level). ...Read More
The bitcoin price increased from $9,766 to $10,500 as its dominance over altcoins and the rest of the cryptocurrency market hit 70 percent. | Source: Shutterstock The bitcoin price increased from $9,766 to $10,500 in the past 24 hours as its dominance over altcoins and the rest of the cryptocurrency market hit 70 percent. Prior...Read More
A bitcoin price premium has developed in Argentina as the government imposed currency controls in a bid to support the peso. | Source: Shutterstock Argentina’s decision to impose currency controls has had a bullish effect on bitcoin in the South American country. With demand rising for the cryptocurrency, a bitcoin price premium has subsequently developed....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
Bitcoin has gone through a near-impossible feat of convincing global investors about its worth as the rightful replacement of gold, which has also led some to believe that “the demand for gold is adversely affected by the success of cryptocurrencies.” The recent Crypto Research Report stated, “As of yet, the correlation between gold and Bitcoin...Read More
It seems the second-largest cryptocurrency by market cap only has its ‘second-to-Bitcoin’ status to be proud of. Market volatility is at a 3-month low compared to bitcoin, according to data from Skew Markets. A host of other indicators are also pointing towards an upcoming ‘danger zone’ situation for Ethereum. Low Volatility Means Unattractive Investment Let’s...Read More
As quantitative easing dampens faith in fiat, cryptocurrencies will only become more attractive. That’s one of the most startling assertions from Mark Mobius, founding partner of Mobius Capital Partners, who is in India this week to promote his new book, “Invest for Good.” The global economy has been propped up since the end of the...Read More
