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
While the road to replace traditional financial models with a decentralized counterpart may seem far fetched for many, the crypto-community has done a great job of initiating the crypto-adoption drive. Numerous projects towards this effort have been launched, but DeFi’s (Decentralized Finance) presence stands as the biggest disruptor, with Huobi the latest catalyst for the...Read More
The relentless pushback that Facebook’s Libra cryptocurrency is facing is raising the question of whether forging ahead is worth it. | Source: AFP PHOTO / Brendan Smialowski By CCN Markets: Weeks after various jurisdictions around the world expressed concerns over Facebook’s Libra project, it is now the turn of EU authorities to push back against...Read More
Securitize, a company that converts assets to tokens and manages digital securities on the blockchain, has been registered as a transfer agent with the United States Securities and Exchange Commission. While this will give them the freedom to maintain records for the transfer of securities, the company also claims that being SEC-compliant will help boost...Read More
HitBTC recently in a press release announced that they are lowering the exchange trading fees, presenting a new fee adjustment system. The fees have been lowered as much as 1,3%. HitBTC which is a leading cryptocurrency exchange just announced in a press release that they are lowering the trading fees on their platform to a...Read More
Nelson Minier, who is the head of OTC at cryptocurrency exchange Kraken, explained to Nasdaq TradeTalks why traders are flocking to crypto. | Source: Shutterstock By CCN Markets: The crypto market continues to attract former Wall Street traders, and now we know why. Nelson Minier, who is the head of OTC at cryptocurrency exchange Kraken,...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
Ethereum classic and ethereum are enjoying a nice bounce ahead of scheduled hard forks while the bitcoin price languishes. | Source: Shutterstock By CCN Markets While the bitcoin price languishes this week, ethereum classic is enjoying a spectacular spike ahead of its scheduled September hard fork. And the ethereum price is rising too. As of this...Read More
Among the numerous issues that will define the 2020 U.S. presidential election, the topic of Bitcoin and blockchain technology is inching its way to the forefront. Indeed, in varying degrees, top democratic presidential contenders have already referred to Bitcoin and its technology. Andrew Yang’s Vision Is Consistent with Crypto Community Among the democratic candidates, Andrew...Read More
Remember 2018? Time was when you could buy a decent car with a single bitcoin, or a beater for an ether. Everyone was ready to get crypto-rich, and even ICO’s were to be redeemed by a new financial vehicle: the Security Token Offering. STO’s emerged from the regulatory uncertainty of 2018, as the SEC-friendly younger...Read More
Malta-based cryptocurrency exchange Binance had launched its margin trading services on its platform, on July 11. The Changpeng Zhao-led exchange debuted its margin trading feature with only six cryptocurrencies, namely, BTC, ETH, XRP, BNB, TRX, and USDT. However, over time, the exchange has added several other cryptocurrencies to the list. A few weeks ago, the...Read More
Chainlink Price Analysis (LINK/USD) Yesterday decline continues today as the market of LINK/USD pair records a down surge. LINK seemed to have succumbed to the selling pressure that has formed a strong bearish trend line over the last 24hrs. The downside move began the session trading at $2.2455, where it later escalated to $2.1496 that...Read More
“Our view was that RMB was going to grow in the world”, said Jeremy Allaire, the CEO and founder of the digital currency company Circle, as China geared up for its first-ever government-backed digital currency. Recent reports revealed that the central bank digital currency is “almost ready” after five years of work. In a recent...Read More
The research team at SIMETRI, which now comprises 13 full-time crypto analysts, launched a new near-term trading dashboard – “Coins on the Move” – today that combines long-term fundamental research with short-term indicators and technical analysis. The new dashboard, available exclusively to SIMETRI Research subscribers, is based on a variety of data points including: Chart-focused...Read More
Bitcoin dominance has fallen for the first time since early June. While that does not suggest significant sell-offs, BTC could be entering a ‘cooling-off’ period as the global economic outlook remains uncertain. Bitcoin accounted for just over half of the cryptocurrency market at the beginning of April, but its share progressively increased over the past...Read More
The halving was supposed to be Litecoin’s bullish catalyst; it failed to live up to the hype. However, analysis of the chart shows potential. | Source: Shutterstock By CCN Markets: Litecoin’s price action has been less than stellar as of late. After posting a 2019 high of $146 on June 21, the cryptocurrency succumbed to...Read More
Bakkt is (finally) launching their Bitcoin futures exchange next month, but they might have some stiff competition. CoinFLEX is a step ahead in the race for crypto futures, with a substantial fundraise for what they call the “world’s first physically delivered crypto futures exchange.” The company announced a successful raise of $10 million from investors...Read More
Blockchain protocol EOS’s governance model and centralization have been at the center of controversies, since its inception. From Weiss Ratings lowering EOS’s grade over centralization issues to getting tangled in the alleged reversal of transactions and Dan Larimar’s comments when he “confirmed” that decentralization was not their topmost priority, stating “it isn’t what we’re after”...Read More
Crypto exchanges with the lowest rating still dominate the industry, according to crypto analysis and pricing data provider, CryptoCompare. D-E Rated Crypto Exchanges Account for 64% of Trading Volume On Wednesday, CryptoCompare published a report on crypto exchange’s activity in July. According to the research, exchanges with lower ratings accounted for about two-thirds of the...Read More
President Trump is toying with shaking up the capital gains tax. Should Bitcoin investors care, or would the changes just be white noise? | Source: (i) AP Photo/Jacquelyn Martin (ii) Shutterstock; Edited by CCN By CCN Markets: President Trump has been bandying about the idea of reforming how capital gains are calculated. What impact, if...Read More
In an official statement from, Xinxi Wang, a board director at the Litecoin Foundation addressed the Github issue, and said “Github was updated frequently but not in the main repo”. In a recent interview published on XCong.com, Wang revealed Adrian Gallagher, the Litecoin core developer, was testing the latest 0.18.1 version. He further said that...Read More
Facebook’s Libra may be facing multiple threats from regulators, but the same critics are now racing to beat the social media giant at its own game. Experts: Chinese Libra May Come First The US, China and European Union are all concerned about Facebook’s digital currency. According to fresh reports, however, it is China which is...Read More
Experts from the payments industry believe that Apple Card launch can boost the company’s Apple Pay digital wallet system which can give tough competition to giants like Venmo, PayPal, and Square Cash. Earlier this week on Tuesday, August 20, tech giant Apple launched its Apple Card in the US market. Apple’s foray into the payments...Read More
The cryptocurrency market has somewhat stabilized, presenting a predominantly green landscape as Bitcoin struggles to stay above the psychological $10,000 marker. Cryptocurrency Market Situation. Source: Coin360 Sentiment for Bitcoin has seen a moderate improvement towards a strongly neutral outlook. Bitcoin Sentiment Chart by theTIE.io Despite this overall lukewarm performance, proponents of Bitcoin’s store of value...Read More
Photo: Shutterstock Gartner’s hype cycle methodology provides a means of modeling the evolution of any given technology, and it’s almost scarily accurate. The internet went through it, artificial intelligence went through it, and now blockchain is going through it, too. The timeline says it all. After Satoshi Nakamoto pulled the innovation trigger in launching Bitcoin...Read More
Photo: Casa / Medium A famous crypto startup firm recognized as Casa that offers primary management service, and Bitcoin node machine has launched a node monitor as well as accompanying reward program to develop Bitcoin network health. The firm revealed the latest innovation in an official website article on Aug. 21. Per the announcement, the...Read More
Brave is on a roll this summer, with new additions to the crypto-powered browser almost every month. Earlier this month, Brave began to allow Twitter users to receive tips, and now, it has added two more highly-anticipated options. Wednesday’s release allows users to tip BAT tokens to individuals on Reddit and Vimeo. Our desktop browser...Read More
The demand for bitcoin has certainly been tangible over the past few months. Even with a correction of around 30% the digital asset is still up over 160% this year. That growth could have been spurred by central banks devaluing their own currencies as economic skies darken. Big Banks Boosting Bitcoin Demand and fervor for...Read More
Another bitcoin scammer’s run comes to an inevitable end. | Source: Shutterstock By CCN Markets: A Michigander is facing 20 wire fraud and money laundering charges for carrying out a crypto investment scam that raked in an average of nearly $15,000 daily. According to the prosecutors, James Matthew Thomas defrauded approximately $206,000 from his victims...Read More
Photo: Flexa / Medium After introducing crypto payments to its SPEDN app earlier in May 2019, merchants payment startup Flexa plans to bring this functionality to other apps as well. This is a massive step by Flexa to boost up crypto spending in the global economy. Flexa plans to implement this project by staking its...Read More
