Recently Peter Wuille introduced a new smart contract language for the Bitcoin code called Miniscript. Peter, who is known for creating the SegWit code, says he has been working on this for about a year. In recent news, Peter Wuille, the creator of SegWit has come out with a new work. This time it is...Read More
Ever wonder why there are so many top exchanges you’ve never heard of? If so, you might not be the only one. A recent report by CryptoCompare found that exchange-reported trading volumes remain far away from reality. In its July 2019 Exchange Review, the cryptocurrency data and indices provider gathered statistics that suggest the crypto...Read More
In Watch Dogs Legion, the British pound has collapsed, and even the bankers have been forced to go “full crypto.” | Source: Ubisoft/Facebook (i), Shutterstock (ii). Image Edited by CCN By CCN Markets: We already knew that cryptocurrency would play a central role in the economy of Watch Dogs Legion. Now we know that even...Read More
Ripple has been touted as a disrupter in many ways to the legacy remittance service platforms; with the partnership with London-based remittance firm, Xendpay, Ripple is all set to extend the former’s initiative of ‘optional transfer fees’, where customers are given an option to waive fees with a service called Pay What You Want. According...Read More
Silk Road founder Ross Ulbricht has spent six years in prison and has 34 years and two life sentences to go unless a petition spearheaded by his mother and sister lead to a grant of clemency. 195K Signatures and Counting For Ulbricht A petition seeking clemency for Silk Road founder Ross Ulbricht is quickly approaching...Read More
Markets have taken a turn for the worse as North American investors reacted to the SEC’s latest pronouncements for future token sales. Based on the new guidance, regulators will continue to treat all token sales as likely securities for the foreseeable future. Markets fell more than $17bn since Wednesday morning. Digital assets across the board...Read More
Need convincing reasons to purchase Bitcoin? President Trump signed a financial agreement that increases the US national debt by about $22.5 Trillion. To some people, Bitcoin is money, while to some people Bitcoin can be multiple things depending on how it is utilised. A long term investment, a trading vehicle for short term profits, a...Read More
Photo: A1 Austria’s telecommunications giant and the country’s largest mobile service provider A1 has officially announced accepting cryptocurrency payments at some of its store locations across Austria. In the official announcement, A1 states that in its pilot project, they will accept cryptocurrency payments at some A1 shops while demonstrating global businesses that integrating digital currency...Read More
Facebook Inc further extends its reach towards establishing its dominance in the Asian market. Having that it’s instant-messaging app – WhatsApp partners with multiple Indonesian digital payment firms to offer their mobile transaction services. Indonesia has an estimated value of 260 million people. Been that the nation enlists among the top-five largest markets for WhatsApp,...Read More
Alibaba has delayed plans to list its stock in Hong Kong. The Chinese tech company already trades publicly in New York, but was reported to have been considering a second listing that could raise as much as $15 billion. The plan was to list in August. Alibaba delayed its long-awaited $15 billion IPO in Hong...Read More
Japan’s central bank, unlike China, isn’t petrified of capital outflows or investment through cryptocurrency.| Source: Shutterstock By CCN Markets: Japan’s central bank has reaffirmed the country’s position as one of the world’s most progressive countries with regards to Bitcoin and other cryptocurrencies. According to the Nikkei Asian Review, a senior Bank of Japan official has...Read More
The contentious stablecoin operator, Tether, is all set to issue a new stablecoin, CNHT, pegged to CNH, offshore Chinese Yuan Renminbi. The news was confirmed by Zhao Dong of DGroup, who spoke to ChainNews on August 21. RenrenBit, the digital asset management platform of Bitfinex shareholder, Zhao Dong, will be the first firm to invest...Read More
Blockchain voting is an essential upgrade to US elections, 2020 presidential candidate Andrew Yang has said. Yang: Standing In Line To Vote ‘Ridiculous’ Currently causing a buzz on social media, Yang’s proposal would see traditional in-person voting replaced by a Blockchain alternative. It forms the latest in a series of policy stances for the Democrat,...Read More
American investor and Morgan Creek Digital Assets co-founder Anthony Pompliano appeared on CNBC on August 20th. According to him, there is a lot of infrastructure making Bitcoin. Basically, to come out as a long haul asset in the global economy. During the course of interview, Kernen the host at CNBC asked Pomp whether he believed...Read More
Apple officially launched its Apple Card payments service to the US customers along with introducing its Daily Cash rewards program and other benefits. As almost every tech giant is flexing its muscles to grab a share of the payments industry, Apple is no different! On Tuesday, August 20, the Cupertino-based tech giant officially launched the...Read More
The European Union is actively probing Facebook’s Libra digital currency project for competition law violations, mainstream media report. Facebook’s Libra Has ‘Potential Anti-Competitive Behavior’ According to Bloomberg, which cited official correspondence August 20, the European Commission is quizzing Libra participants via a dedicated questionnaire. The document originally appeared earlier this month, and forms Libra’s latest...Read More
The ‘IAMAI Vs RBI’ case took an unexpected turn, as the Supreme Court was met with several arguments from the petitioners’ end about the RBI’s jurisdiction where the petitioner presented the court with the exchanges’ plea asking a reconsideration of the ban. Justice Nariman said Exchanges are not asking to uplift the ban, but they...Read More
The supreme court hearing on Crypto vs RBI resumed on August 21 with RBI’s counsel, Shyam Divan, reading the IMC report pointing out the disadvantages of Crypto. During the course of arguments, the judge interrupts and asks how you are concerned with consumer protection, it is not your concern. It is Govt. concern and not...Read More
View Bitcoin quickly fell from $10,842 to $10,082 earlier today, confirming a rising wedge breakdown on the hourly chart. The bearish reversal pattern has opened the doors for a retest of $9,467 (Aug. 15 low). On the way lower, prices may find support at the 100-day moving average, currently at $9,882. The average served as...Read More
U.S. Secretary of State Michael Pompeo has said he believes that cryptocurrencies should be regulated in the same way as financial institutions. In an interview with CNBC’s Squawk Box on Tuesday, Pompeo was asked how best to regulate Facebook’s Libra or bitcoin. He responded: “My sense is this: We should use the same framework that we...Read More
Facebook is reportedly already under investigation by the EU over antitrust issues related to its Libra cryptocurrency project. A document seen by Bloomberg indicates that the European Commission is “currently investigating potential anti-competitive behavior” by the Libra Association. The report describes the document as a questionnaire suggesting the commission is concerned that Facebook’s planned digital payment system could unfairly...Read More
As soon as Bitcoin dropped below the $10,600 level and failed to climb over heavy resistance, it demonstrated a steep fall to $10,068 within a span of minutes. According to some analysts, the drop could possibly signal a short term trend line breakdown if the asset fails to close above $10,200. Even though yesterday we...Read More
Grant Thornton, the liquidators of hacked New Zealand Bitcoin exchange Cryptopia, have released an update on the progress made thus far. Cryptopia Used Co-mingled Crypto Wallets According to a statement released on its website on Wednesday (August 21, 2019), Cryptopia didn’t use individual crypto wallets. Instead, the Bitcoin exchange platform pooled customer funds into co-mingled...Read More
One of the leading Facebook Owned Messaging platform Whatsapp, is currently planning to launch Digital payments in Indonesia. The platform is in talks with different digital payments firms as well as a state-owned bank to launch digital payment. It aims to tap the nation’s fast growing e-commerce sector. According to the reports , WhatsApp is currently...Read More
Cardano Price Analysis (ADA/USD) The price of ADA/USD pair has recorded an impressive price recovery over the intraday. The price-performance is bullish with an upsurge gain of 11%. The market escalated from where it closed yesterday at $0.04719 where it is currently trading at $0.05027. Additionally, the market began the session with a bullish pressure...Read More
SEC claimed that ICO Rating violated the anti-touting provisions of Section 17(b) of the Securities Act of 1933 by failing to disclose payments it received from initial coin offering (ICO) issuers it rated and published on its platform. The Securities and Exchange Commission (SEC) announced that Russian entity ICO Rating agreed to pay $268,998 in...Read More
The Supreme Court of India was presented with arguments that questioned Reserve Bank of India’s [RBI] jurisdiction over contemplating a ban on crypto-activity on the basis of vagueness on August 20. The case resumed its hearing on the matter on August 21, with RBI’s counsel, Shyam Divan, listing disadvantages of cryptocurrencies as highlighted in the...Read More
Bitcoin’s range bound pumps and dumps have become commonplace over the past six weeks. Another slide a few hours ago should not be cause for alarm then as BTC failed to register further gains. It is now in danger of heading back into four figures for the fifth time. Four Figure Bitcoin in Play …...Read More
Bitcoin Price Analysis (BTC/USD) On an hourly chart, the bulls have dominated the market of BTC/USD pair. The 7 day MA was seen gravitating above the 21 day MA that signaled an increase in bullish pressure. The top cryptocurrency has slightly gained by 0.17%, having escalated from $10731.71 to $10750.00. Apparently, a bullish engulfing candle started...Read More
Getting paid in bitcoin? You should be offended, apparently. | Source: Shutterstock; Edited by CCN By CCN Markets: In a sweeping article that bashes Bitcoin and it’s kindred, Izabella Kaminska of the Financial Times compares cryptocurrency salary earners to modern-day slaves. Pointing to the BBC show ‘Who Do You Think You Are?’, Kaminska highlights a...Read More
