Tether Holdings, the firm that issues tether (USDT), has plans to launch an offshore Chinese yuan stablecoin called CNHT. Tether’s digital dollar presence within the crypto economy has been massive in recent months, seeing significant demand from China. Bitfinex shareholder Zhao Dong has explained in a recent interview that Tether is also preparing to launch...Read More
2019 has been largely considered as a breakthrough year for the cryptocurrency market, largely because it was poles apart from the bearish crypto-winter that preceded it. Investors are flocking into the industry, with the virtual asset ecosystem starting to gain attention from financial institutes. At press time, it was being reported that a major management...Read More
A report finds that 4 out of the top 5 Google results for Bitcoin QR code generators link to websites hosted by scammers. | Source: Shutterstock An analysis of Bitcoin QR code generators reveals the precarious state of basic security in the cryptocurrency sphere. A report from ZenGo shows four out of the top five...Read More
Ethereum’s performance in the DApp space has dropped over time, despite the fact that users were bound to rely on Ethereum’s Solidity to build DApps. In spite of it being a prominent smart contract programming language, users have often had issues with the platform. In order to up its DApp game, Ethereum Classic Labs, the...Read More
During the FiNext Conference in USA, Ripple’s Director of Corporate Payments, Ryan Gaylor, claimed that bank coins like JP Morgan’s do not fix the ailing issue of centralization as opposed to XRP, reported VisionaryFinanc. This statement came up when Gaylor was discussing Ripple’s partnership with Santander. Santander Group, a commercial bank “has been planning for...Read More
Interest in Bitcoin futures trading continues to gain momentum. As a result, the Chicago Mercantile Exchange (CME) Group is reaching record numbers for its Bitcoin futures contracts trading. “This Is an Exciting Time for Bitcoin” As CME data shows, interest in Bitcoin is not only confined to a small and well-defined sector of the investment...Read More
Stellar Lumens [XLM] currently stands as the world’s tenth largest cryptocurrency by market cap. At the time of writing, XLM was valued at $0.0629 with a market cap of $1.24 billion. While the price of the coin has fallen since the beginning of the year, it recorded a 1.17% increase in price over the last...Read More
Luis Cuende is not impressed with Libra, or other corporate efforts to enter the world of cryptocurrency. “[T]his is bullshit,” he says. “I didn’t get into crypto because I wanted to work for Facebook.” Cuende leans forward in his chair and stares intently. “I’d rather crypto doesn’t go mainstream than give up on my values,”...Read More
With a circulating supply of 42,932,866,967 XRP and a market cap of $10,995,406,740 at press time, XRP is just recovering from revisiting its lowest value in quite some time. Looking at the 1 hour chart for XRP, a diamond pattern alongside the MACD indicator suggests a short period of stabilization moving into an upwards breakout...Read More
China is not launching a central bank-backed crypto in November, says China’s state media outlet the Global Times. | Source: REUTERS / Dado Ruvic China is not launching a central bank-backed crypto in November. That’s what Chinese state media outlet the Global Times said, in refuting a Forbes report. Central bank calls report ‘inaccurate speculation’...Read More
If you live in Switzerland, blockchain technology could become part of your next shopping trip. Migros, the largest Swiss retailer, is implementing a “blockchain-based traceability system” to trace fresh ingredients. The new system will help the company keep track of its supply chain, tracking fruit and vegetables from from suppliers to the grocery store counter. ...Read More
NEO Price Analysis (NEO/USD) On today’s intraday chart, NEO/USD has noted a remarkable downside move with a strong bearish trend line formed that also signaled a bearish bias. NEO’s price tumbled from where it began the session at $9.5713 to where is presently trading at $8.6780. Additionally, the moving averages also suggested the downtrend since...Read More
Cryptocurrencies like Bitcoin represent a new asset class that has the lowest correlation to traditional assets, as well as one the best annual performance records. This is the conclusion of blockchain-oriented hedge fund Pantera Capital, which recommends investors to diversify portfolios by allocating a share of it to cryptos. Bitcoin Has Almost No Correction to...Read More
San Francisco-based crypto-lending and borrowing firm, Dharma, has clarified that it is not working actively on any projects related to XRP. The question arose on Twitter after the firm announcing its closed beta for Dharma version 2. While addressing the controversy surrounding the alleged case of “XRP dumping,” Ripple CEO Brad Garlinghouse had previously stated...Read More
In response to the AWS collapse, BXB Exchange CEO, Kwun Phite Consunji Lock, was very critical about it stating, “Exchanges need to think more about security and look past the so called cloud servers that can put users data in jeopardy”. On August 23rd, numerous cryptocurrency exchanges collapsed due to the failure of Amazon’s web...Read More
In the first quarter of 2019, cryptojacking campaigns aimed at victims’ PCs to mine cryptocurrencies rose 29%, according to a recent report by security software provider McAfee. Hackers Target Windows PCs to Mine Monero The antivirus maker founded by crypto fan John McAfee discovered that both Windows and Apple ecosystems are equally vulnerable to cryptojacking...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex ETH keeps declining, trading at $169.03 this Thursday. Ethereum in technological deadlock; Buterin does not agree. Istanbul update postponed till November at least. Technical Analysis Looking at the Ethereum on the weekly timeframe, we may see that after the correctional growth to 38.2% Fibo, the quotations are developing...Read More
Bitcoin price surprises the market by slipping below $10K levels on August 28. Crytpo analysts trace Bitcoin whales moving massive BTC tokens ahead this week. On Wednesday, August 28, Bitcoin price showed a sudden downward movement crashing below $10,000 levels in just a few minutes. The BTC movement surely took the crypto investors by surprise...Read More
In any financial trading space, market sentiment plays a huge role in deciding the outcome or direction of the price over a certain time period. In the cryptocurrency ecosystem, market sentiment is even more evident and sometimes, it is more important than the fundamental properties of the coin itself. Bitcoin, the world’s largest cryptocurrency, usually...Read More
Bitcoin SV is up over 5 percent on Friday’s trading, leading a stuttering crypto market recovery. | Source: Shutterstock Bitcoin SV (BSV) is delivering better returns than rival assets this Friday even after its founder Craig Wright’s embarrassing loss in a recent courtroom battle. As of 11:00 GMT, the BSV-to-dollar exchange rate was trading more...Read More
In September Nike will release a new line of its Huarache shoes but this time, they will be equipped with FitAdapt technology, allowing users to control the lacing via a mobile app or through Siri. Nike has not yet set a price. Advancement in technology and all of its innovations have uses and applications in...Read More
The non-custodial cryptocurrency exchange, Changelly announced its strategic partnership with Vibravid. This collaboration allows simple exchange of BTC,ETH and other 150 cryptocurrencies to and from Beatzcoin. Hence, increasing the user base and exposure of the VibraVid platform throughout the world. In the upcoming weeks, the BTZC token will be the first TRX-based community-driven project live...Read More
UK asset management firm Elwood plans to develop a giant $1 billion bitcoin and cryptocurrency investment venture, it says. Elwood Expands Cryptocurrency Exposure Quoted by the Financial Times on August 30, Elwood, which is owned by billionaire Alan Howard, revealed it wants to funnel cash into crypto hedge funds. The company is no stranger to...Read More
There are many ways to see success in Forex trading, depending on how much effort you’re willing to put into the whole ordeal. While certain methods will generate slow, but steady success, others involve higher risk, but also higher potential rewards. You will keep learning about the ins and outs of these different approaches as...Read More
The crypto market is constantly in flux: brand-new cryptocurrencies regularly appear at the top of the charts, while older coins slowly fade away. While Bitcoin has been a consistent leader, the market is littered with former runners-up. All it takes is a trip through the historical rankings to see just how transient cryptocurrencies can be....Read More
Terror groups are increasingly using Telegram to raise cryptocurrency, a think tank has claimed. | Source: Shutterstock The privacy-focused instant messaging app Telegram – that is launching its blockchain in October – is reportedly used by terrorist groups to raise funds in crypto for their cause, a recent study shows. Supporting terrorists by donating car...Read More
Bitcoin investor, trader and cryptocurrency celebrity hailing from England, Peter McCormack is about to file a lawsuit against Craig Wright, Calvin Ayre and Jimmy Nguyen on account of forgery and fraud. Recently we reported on Craig Wright’s losing the Kleiman case. However, it seems that karma surely is a b**** especially for a person who...Read More
It is important to have the option of replenishing your assets by buying crypto with a credit card or through exchanges. The assets should be secure and transferable. The only correct answer is this: the one that serves your needs. For me, the most important things in a cryptocurrency wallet are the support of all...Read More
Add another fiat on-ramp to your crypto shopping list. Initially rolled out to residents in California, Washington, and Illinois, the ShortHop “exchange of exchanges” is now expanding to eight additional states. ShortHop, owned by Velocity Markets, taps into eight different OTC desks and exchanges, allowing greater liquidity and efficiency for its customers. The service is...Read More
Bitcoin proponents have rallied round to denounce gold bug Peter Schiff after he said the cryptocurrency has proven it is not a safe haven. Schiff: Bitcoin Failed ‘Again’ In a Twitter debate on August 29, Schiff used the sudden weakness in the Bitcoin price to suggest it was an unreliable alternative investment to assets such...Read More
