Factom Protocol, an open-source blockchain platform, has announced the launch of PegNet, a closely-connected network of tokens pegged to other assets, including Bitcoin, Gold, USD and EUR. The solution seeks to provide a fully auditable and non-custodial network for transferring value, simplifying the conversion process between one type of asset and the other. With PegNet,...Read More
XRP has not been having a great year, in terms of price as the market reports negative YTD returns for Ripple’s native token. However, XRP has been on an adoption spree since the beginning of the year, Ripple’s recent partnership with MoneyGram being an illustrious example. Despite the technology and institutional partnerships turning heads, the...Read More
If you’re sick of Jimmy Wales asking for money, you might be pleased to hear about the blockchain alternative. Everipedia is a for-profit alternative to Wikipedia, based on EOS. They’re trying to use tokens to incentivize contributors – but as the past year has demonstrated, that might be easier said than done. Everipedia had a...Read More
Mark Carney, governor of the Bank of England (BOE), has a plan to challenge the dollar’s dominance. | Source: Photo by Chris J Ratcliffe / POOL / AFP By CCN Markets: Mark Carney wants the US dollar to lose its status as the global reserve currency, pitching the idea that a digital currency could take...Read More
Litecoin’s post-halving slump should be met with concern. The fifth-largest cryptocurrency in the market has been in a slump since the beginning of the month, with many dismissing it as simply the halving bears. However, the digital silver is now entering dangerous territory. Since topping out at $144 during the close of June, the price...Read More
XRP whales continued to remain active in the market, despite the continuous sideways price movement of Ripple’s native coin. One of these whales was caught in the act of transfering significant amount of funds in XRP by Whale Alert, one of the web’s major cryptocurrency transaction trackers. Whale Alert shared news of the same on...Read More
Harmony partnered with Everstake, a Staking Service Platform will now add support for Harmony Nodes to their customer base. Blockchain protocol with principal innovations in P2P networking and state sharding, Harmony, announced they have partnered with Everstake, a leading Staking Service Platform which helps institutional investors and regular token holders to profit off their crypto...Read More
XRP had been falling since the beginning of the year, while other coins experienced their own share of ups and downs in the market. However, the YTD returns of XRP have been disappointing, with the popular altocin recording a YTD of -23.85%. The coin doesn’t seem to be finding respite, even in the short term,...Read More
According to Messari research, Lionel Messi’s take-home pay would be “12,700 $BTC” annually. Cristiano Ronaldo’s would be 10,000 bitcoins. | Source: REUTERS / Albert Gea By CCN Markets: Russell Okung, who plays for the Los Angeles Chargers in the NFL, has been pushing for the league to pay those multi-million-dollar salaries in bitcoin. You could...Read More
As Charles Schwab’s Liz Ann Sonders points out, this rift between President Trump and China is no longer just a “skirmish.” | Source: Shutterstock By CCN Markets: China had to see this one coming. After China President Xi Jinping revealed his intentions to slap fresh tariffs on $75 billion in U.S. goods, President Trump raised...Read More
The “aggressive hash war” that led to the split of Bitcoin SV from Bitcoin Cash continues to split the two camps and the cryptocurrency market. However, despite the fact that growth patterns of both the fork coins have been similar, recent analysis suggests that BSV is growing a bit faster. Despite it being two years...Read More
The Pantheon project basically aims to provide a number of Ethereum-based services built by ConsenSys’ strong engineering team called PegaSys. Ethereum is all set to join the open-source Hyperledger consortium. It would be the first public blockchain network joining Hyperledger as the latter’s technical steering committee approves a proposal for adopting the ConsenSys-backed Pantheon project....Read More
One of the most anticipated projects of the year is finally inching closer to reality. After months of delays, the Digitex Futures Exchange has finally announced the date of its testnet launch, which is currently scheduled for November 30. According to Digitex development partner SmartDec, the testnet will be the first step to creating “the...Read More
Crypto exchange OKEx believes the bitcoin price will surge 34% to $14,000 this year, thanks to a little help from the Federal Reserve. | Source: Shutterstock By CCN Markets: Crypto exchange OKEx isn’t concerned that the bitcoin price appears to have hit a wall just above the $10,000 mark. In fact, the industry giant believes...Read More
Facebook’s Libra may have some early ship-jumpers as some of its first backers are reportedly distancing themselves from the project over regulation. | Source: AP Photo/Marcio Jose Sanchez, File By CCN Markets: Facebook’s Libra project could be dead on arrival. If it does launch, it probably won’t be anything like what was originally proposed by...Read More
Blockchain businesses are hiring left, right, and center, and MouseBelt believes universities are key to building a better industry. The company is investing in a “first-of-its-kind” partnership with the University of California to bolster education and entrepreneurship in the field. Described as a “full-service blockchain accelerator,” MouseBelt has invested over $40 million across more than...Read More
Telecommunications company Telx Technologies has announced the launch of a SIM card which can be used to transact cryptocurrencies via SMS. The agenda behind the project is to enable people to send money internationally without the need for a smartphone, Internet connection or wallet app/address. According to Telx, its launch will be the world’s first...Read More
Consumers have been reluctant to accept transacting with phones in stores, but instead, the bank prepares to integrate more retailers that embrace Chase Pay via merchant apps plus food ordering firm Grubhub. JPMorgan Chase &Co is warming up to close its Chase Pay app in the third reversal of the bank on digital incentives in...Read More
Forget about day trading – if you want to get rich in crypto, the real money is in derivatives. As the world prepares for Bakkt’s launch next month, investors and companies are lining up to buy stakes in futures and options trading platforms. That means a flux of new offers from hungry investors. Crypto derivatives...Read More
Showing renewed optimism, Bitmain is increasing its investments in the crypto mining industry. Now, Bitmain is reportedly buying 600,000 new crypto mining chips. As a result of this new investment, the company expects to make over $1 billion in profits. Bitmain to Increase its Capacity By 50% Hash rate The battle to produce fast cryptocurrency...Read More
Watch “Bitcoin Joe” Kernen of CNBC absolutely destroy Facebook’s Libra cryptocurrency with five deft punches. | Source: CNBC/YouTube (i), Shutterstock (ii). Image Edited by CCN. By CCN Markets: Facebook’s Libra cryptocurrency isn’t getting any love from CNBC host Joe Kernen, better known on Crypto Twitter as “Bitcoin Joe.” Reacting to a report indicating that founding...Read More
One of the main drawbacks associated with the cryptocurrency market is its highly volatile price activity. The volatility was and still is, considered a major hindrance when it comes to the mass adoption of virtual assets. The introduction of stablecoins was meant to tackle this associated crypto-volatility. However, not all stablecoins operate the same way...Read More
Bitcoin breaks 5-day long up-trend, dropping back to key support levels at $9,800. Since then bullish divergence appears to have formed on lower time-frames and could spur a reversal in the coming days. Bitcoin 1-Hour Analysis On the 1 hour chart for the XBT/USD pair, we can see the ascending wedge that formed throughout the...Read More
Bitcoin, cryptocurrencies, and blockchain technology have become mainstream terms and are now featured in most dictionaries. Crypto-related terms have a lot of value when they are tethered to a web domain, and these days digital currency domains are prime real estate, with some selling for up to seven figures. Also read: How to Create Non-Fungible...Read More
Margin trading has taken the cryptoverse by storm lately, with Malta-based Binance recently introducing margin trading for a number of cryptocurrencies on its platform. A number of other exchanges have also followed its lead. However, margin trading comes with a lot of risks, and if there is not enough liquidity on the exchange, whales can...Read More
An early version of Polkadot has been released today, allowing developers and the broader community to experiment with new features ahead of the mainnet launch. Known as Kusama, the network is a “proving ground” where projects can build parachains, stress-test new technologies and trial the Polkadot network’s governance system. It appears to be named for...Read More
Apple could be coming up with not just one but four new models of the Apple Watch Series 5 this year. The four models filed this week were listed as A2156, A2157, A2092 and A2093 and would be running the smartwatch OS, the WatchOS 6. It seems that Apple (AAPL) is getting ready for an...Read More
US authorities are on the trail of a duo of Canadian bitcoin scammers who are still at large. | Source: Shutterstock By CCN Markets: Two Indo-Canadians are facing fraud and money laundering charges in the U.S. after they ripped an Oregonian off their Bitcoin worth over $200,000. In a statement, U.S. Attorney in the District...Read More
The altcoin action continues today as the majority of the market is in the green. Meanwhile, Bitcoin has stabilized over $10,000 while continuing to lose some of its dominance. Cryptocurrency Market Situation. Source: Coin360 Nevertheless, good news keep coming for Bitcoin – this time from Albion. In a landmark decision, the British law firm Stewarts managed...Read More
Billionaire Tim Draper says the far-reaching impact of bitcoin “magic” will dwarf the sprawling influence that even the internet has had. | Source: REUTERS / Danny Moloshok (i), Shutterstock (ii). Image Edited by CCN. By CCN Markets: Tech billionaire Tim Draper says the far-reaching impact of bitcoin “magic” will dwarf the sprawling influence that even...Read More
