From the launch of the Sun Network to retain its dominance in the DApp space and completing its incentive plan 2.0 with Tether, Justin Sun’s Tron Foundation can boast a series of development over last few weeks. Recently, TronWallet shared an update on Twitter, suggesting that Bitcoin is the latest addition to the TronWallet. The...Read More
Although Facebook doesn’t plan to launch its new Libra cryptocurrency and a complementary digital wallet until 2020. But it has already acquired a major global attention. Huge firms in the cryptocurrency space are eager to jump on its popularity and collaborate with the platform. On August 18th, Zengo, one of the a non-custodial keyless cryptocurrency...Read More
Rakuten Wallet announced the introduction of spot trading services for the virtual asset. Earlier this year, Rakuten, an e-commerce giant in Japan, had revealed that the organization had started accepting new account registrations for its newly launched cryptocurrency exchange, Rakuten Wallet. Now, at press time, the exchange revealed that the institution would be initiating a...Read More
Binance has unveiled the ace up their sleeves, in vague terms, an alternative to Facebook’s Libra. The unveiling, dubbed “Venus Plan” is to end the financial hegemony by using technological innovation power that cryptocurrencies have brought forth. Venus is going to be an “independent regional version of Libra”. Unlike Facebook’s Libra, Venus, hopefully, will not...Read More
With the beginning of the week, most of the coins are enjoying the green day. While bitcoin is struggling to break the $11k resistance, major altcoins are showing massive growth. At present, Ripple is the are the leading cryptocurrency in terms of gains. Among the Top 10’s market followed by ethereum with 6% gains. Past...Read More
Fidelity’s charity arm, Fidelity Charitable, said late last month that it has received more than $100 million in cryptocurrency donations since 2015. In total, more than $106 million worth of cryptocurrencies has been granted to Fidelity Charitable since it first began accepting this form of donation, according to the firm’s annual report published late last...Read More
The “big reveal” by the latest self-proclaimed Satoshi Nakamoto was an epic failure that overpromised and underdelivered. | Source: Shutterstock By CCN Markets: The latest self-proclaimed Satoshi Nakamoto overpromised and underdelivered in Part 1 of his “big reveal” — probably to the surprise of no one in crypto. In a meandering blog post, the self-proclaimed...Read More
When you are dealing with cryptocurrencies and its financial ecosystem, one has to be calculative and consider volatility and major price swings as an important factor before making any investments. Sharpe Ratio, a measurement tool which is regularly used in the traditional financial markets, allows traders and investors to assess the return on investment in...Read More
The Bitcoin community has a one-word response to the claim that Satoshi Nakamoto will reveal his true identity this week: “bullsh*t!” | Source: Shutterstock. Image Edited by CCN. By CCN Markets: The handful of Bitcoin fans who are still begging for the “real” Satoshi Nakamoto to please stand up may get their wish as early...Read More
Cardano is currently on the road to Shelley, an upgrade that will introduce staking for the first time via its Oroborous Genesis consensus mechanism. IOHK, Cardano’s development group, has been hard at work on the upgrade. For the most part, waiting is all that is left—here’s what you should expect from Cardano’s upcoming staking features....Read More
Dash continued to improve its growth in 2019 and according to their official Reddit blog, Dash enjoyed a lucrative week. It was indicated that Dash had outperformed a total of 8 major coins in the past week. Simple moving average [SMA] of 47% was registered; with Dash outperforming 4 of the top 10 coins. Source:...Read More
Crypto-fever dreamers cheered as Hong Kong protesters suggested organizing a bank run, but apparently rioters didn’t flock to bitcoin. | Source: Shutterstock By CCN Markets: There’s nothing like a bank run to bring out the bitcoin-fever dreamers. Hong Kong protesters reportedly tried the tactic in their latest effort to stop what they see as unfair...Read More
The special economic zone of China located in Shenzhen province will now support research on digital currencies as reported by a local daily. China has been ambivalent on cryptocurrency, where they had earlier banned exchanges from operating in the country. However, a lot has changed in recent times. According to the report, “The Central Committee...Read More
This week, US President, Donald J Trump, decided that he would like to buy Greenland, thereby completely surrounding the USA’s northern neighbor Canada. Denmark semi-politely told him to… that it wasn’t for sale. Perhaps he would have more luck buying Bitcoin? Bitcoin Price: Down But Not Out Well, when it comes to bitcoin price, arguably...Read More
In addition to his real-life identity, Satoshi Nakamoto will use “My Reveal” to divulge such facts as his country of origin, education, professional background, and why he has yet to move any of his 980,000 Bitcoins. Believe it or not, there’s a new Satoshi in town. No, no, you’ve read it right. It seems Craig...Read More
XRP has been at the mercy of the bears in the market and has shown only a minimal recovery after the August 14 fall. However, the coin’s price shot up in the short term and breached its immediate resistance. 4-hour Source: Trading view In the 4-hour chart of XRP, an ascending triangle was formed. After...Read More
Over the years, Bitcoin has grabbed the attention of crypto Twitter repeatedly, with BTC always being a trending topic, yet the identity of its founder is surrounded by a cloud of mystery. Recently, crypto community’s attention was caught by yet another person claiming to be the “real Satoshi Nakamoto”. The news went viral on Twitter...Read More
Elliot Gunton, a 19-year old teenager from Mounteney Close in Norwich was sentenced to a 20-month prison sentence on 16th August. Gunton was also asked to pay back £400,000 for hacking services he offered in exchange for cryptocurrencies. A Norwich Crown Court on Friday sentenced him for his crimes after he pleaded guilty in earlier...Read More
Ethereum faced a massive slump on 14th August; the virtual asset witnessed a major drop of over 13 percent at that time of period which took ETH’s valuation below $200 dollar for the first time in a month. Ethereum continued to dwell under the $200 region following the fall. 12-hour chart Source: Trading View After...Read More
The price of XRP has been taking a hit since the fall of Bitcoin, and has been trading around $0.26. After the price broke on August 14, XRP had been observing alternate red and green candles, showing no sign of absolute recovery. Short-term prediction of XRP indicates a bearish pattern with no sign of relief....Read More
Binance CEO Changpeng Zhao got dragged on Twitter and was nominated for the “Dumbest Crypto Tweet Award” for shilling Binance Coin.| Source: Reuters By CCN Markets: Binance CEO Changpeng Zhao got dragged on Twitter and was nominated for the Dumbest Crypto Tweet Award after he shared a story touting the popularity of Binance Coin, his...Read More
Blockchain investors’ tastes are changing, it appears. A new report reveals some interesting numbers regarding the quantity of money flowing into blockchain since 2013, with more than $23 billion mostly piling into early-round investment. A shift is taking place in terms of which geographic regions and vertical segments of the industry are seeing investment beyond...Read More
Ethereum is currently focused on upcoming hard fork Istanbul. However, this upcoming hard fork will not include the most-talked-about Ethereum Improvement Protocol, ProgPow. The main reason behind this move can be attributed to the security audit of the protocol. ProgPow has been one of the most-awaited upgrades as the protocols aim to tackle ASIC mining....Read More
2018 was a year to forget for the virtual asset industry. A majority of the assets were impacted by crypto winter which had prevailed after the bullish run in late 2017. In light of that situation, 2019 has been a positive year for digital currencies. Ethereum improved its valuation by almost 45 percent at press...Read More
The future belongs to those who prepare for it, and the long term of XRP demands preparation for a fall. The coin’s performance in the bull’s market has been bearish and with the fall of Bitcoin, the coin also registered a fall on August 14. Despite several tries, no relief was in sight for the...Read More
Digital silver has not had the best couple of weeks. With anticipation about its block halving raising its price by over 300 percent in 2019, the event itself saw bearish price movement. Litecoin, after reaching a high of over $140 in price two months prior to the halving, has seen a slump since. At press...Read More
If just 0.023% of Bitcoin addresses hold 50% of the total wealth, isn’t the new boss turning out to be a lot like the old one? | Source: Shutterstock By CCN Markets: Research released by blockchain analysis group PARSIQ this week did much to weaken Bitcoin’s image as a global freedom currency. The findings detail...Read More
Photo: Pixabay Last week we reported how China is preparing their own digital currency dubbed CBDC after five years they have been working on it. However, after the analysis of over 50 patent applications that were filed by the People’s Bank of China, it has become clear that the pattern of this digital currency will...Read More
Move over, Craig Wright! The “real” Satoshi Nakamoto vows to reveal himself this week and claims he’s hodling 980,000 bitcoin. | Source: Shutterstock By CCN Markets: Move over, Craig Wright! The “real” Satoshi Nakamoto vows to reveal himself as the true inventor of bitcoin over the next few days. What’s more, the “real” Nakamoto claims...Read More
Can the unstoppable force move the immovable object? Since the dawn of time, innovation is viewed from two different perspectives. One from the perspective of the innovator, and the other from the perspective of the innovation enforcer. With the world moving at such a fast pace, the unwritten rule is: innovate or perish, and in...Read More
