News

One of the largest mobile providers in Austria is planning to accept cryptocurrency for payment at certain store locations.  A1, which services some 5.1 million mobile and 2.1 million fixed lines across Austria, is testing cryptocurrency payments at store locations across Austria. Dash, ethereum, litecoin, stellar and XRP will be available for payment, according to...Read More

Bank of America is creeping into the crypto space and has filed a patent application for a blockchain crypto wallet. | Source: Shutterstock By CCN Markets: Bank of America (BofA) continues its steady creep into the crypto world, filing another blockchain-related patent application. This new one is particularly interesting because it’s for a crypto wallet....Read More

Japan’s largest gift card exchange plans to use blockchain to spur its next phase of growth. Amaten, a secondary marketplace for gift cards, announced a partnership with the Singapore-based cloud computing startup Aelf, according to a statement published August 20. The exchange plans to scale its operations internationally using Aelf’s enterprise-oriented blockchain platform. Founded in 2012, Amaten...Read More

The virtual asset industry hardly ever remains quiet for a long period of time. However, the price of the world’s largest cryptocurrency was pretty timid, at press time. Source: trading view Bitcoin’s price went up on the back of a tremendous run which started in April, with the valuation climbing by over 180% percent. Since...Read More

Edward Snowden is always the main event, no matter where he talks. It’s no surprise that the NSA whistleblower was the main event at the Web3 Berlin Summit, held in the former radio broadcasting center of the German Democratic Republic. Speaking for an hour via video-link from Moscow, Snowden appeared vaguely Orwellian on two large...Read More

Mike Pompeo, Donald Trump’s secretary of state, invoked 9/11 to explain the gravity of the threat that bitcoin presents to national security. | Source: AP Photo/Carolyn Kaster By CCN Markets: When Trump adviser Mike Pompeo addressed crypto regulation during a Tuesday morning interview, he claimed that he didn’t want to start a “viral moment.” However,...Read More

Earlier this month Kik released a 130-page filing that accused the Securities and Exchange Commission of “twist[ing] facts” in its lawsuit against the company’s 2017 Kin token sale. The company disputes claims that the 2017 sale of KIN tokens, which raised more than $100M, was a desperate attempt to save the company from ruin, and...Read More

In an interview with podcaster Peter McCormack, Raoul Pal, Co-founder of Real Vision and former Head of Equity and Equity Derivatives at Goldman Sachs, stated that stock markets are massively overvalued. According to Pal, central banks would do their tricks and cut interest rates, and when the interest rates become negative, people pay the government...Read More

Over the last 5 days, Bitcoin has bounced off the 0.382 Fibonacci level as mentioned in my previous analysis. Since then price levels have risen sharply testing resistance just shy of $11,000. An influx of new volume could propel price levels to $12,000 next week. Bitcoin 1-Hour Analysis On the 1 hour chart for XBT/USD,...Read More

Deloitte has announced its new solution dubbed “Blockchain in a box”, which is a plug-and-play product designed for enterprises to showcase their blockchain solutions. Deloitte is one of the “Big Four” accounting organizations and also the world’s major professional services network. The company has recently come out with their solution for enterprises on how to...Read More

Tezos [XTZ], the seventeenth-largest coin by market cap, has witnessed rapid growth from the time of its launch. Recently, Tezos surpassed DASH and stood in the fifteenth position briefly, before falling again. The price of the coin, at press time, was falling by 3.48% over the last 24 hours. At the time of writing, the...Read More

The cryptocurrency industry continued to mature while eliminating FOMOs and FUDs at all stages. With the FOMO-fuelled spectacular but short-lived crypto rallies and FUDs-led dumps, the industry has begun to show signs of maturity. The market started off on a slow note in 2019 after the infamous Bitcoin crash the previous year. The market, however,...Read More

South Korea’s Prixbit cryptocurrency exchange has officially closed down. In a website post dated Aug. 9 and entitled ‘Prixbitend,’ the exchange declared it would cease operations. The move was subsequently reported by local press. “Due to negative internal and external influences, management difficulties could not be overcome and normal operation became impossible,” the founder wrote. The exchange said...Read More

Ten crypto projects announced Tuesday they had joined the Messari Disclosures Registry, including four top-100 projects by market cap: Cardano, Lisk, V Systems and Beam. The new batch of crypto assets brings the total number of projects listed on the registry to 53. It launched with 12 projects in November 2018. “The ability to find basic...Read More

Wall Street’s self-regulatory organization (SRO) has green-lit a new blockchain-powered securities trading platform. The Financial Industry Regulatory Authority (FINRA) has approved the membership application of IOI Capital and Markets, which plans to act as a placement agent for privately placed, digital securities on a permissioned Hyperledger Fabric blockchain. Co-founders Rashad Kurbanov and Hamid Gayibov have been...Read More