August 18, 2019

Grayscale’s Bitcoin Premium Suggest BTC Still Overvalued at $10,400: Analyst

While Bitcoin (BTC) is still not decidedly in an uptrend, it is doing a lot better than it was a bit earlier this week, when the cryptocurrency cratered to $9,500 in a massive -8% day. One model, however, suggests that the pain isn’t over for the cryptocurrency market just yet.Hold on to your hats!Related Reading: Bitcoin...
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Self-Proclaimed Satoshi Nakamoto’s Bitcoin ‘Reveal’ Is an Epic Fail

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...
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Coinbase and Barclays Part Ways, Will UK Users Be Affected?

It is being reported that Barclays, the London-based global bank, recently stopped banking for Coinbase, the United States-based crypto exchange. Coinbase reportedly found a quick replacement in the form of another United Kingdom-based establishment, ClearBank.  While Barclays connected San Francisco-based Coinbase to the U.K. Faster Payments Scheme (FPS), enabling instant withdrawals and deposits of British...
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Would Blockchain Better Protect User Data Than FaceApp? Experts Answer

Experts in the cryptocurrency and blockchain industries take on concerns about users’ privacy violations connected with the popular FaceApp mobile application. FaceApp — the mobile application that has blown up your Instagram feed with pictures of your followers as old people, the opposite gender or babies — has raised a lot of concerns about potential...
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Silvergate Bank Plans to Offer Cryptocurrency-Collateralized Loans

Silvergate Bank’s Silvergate Capital Corporation is examining the possibility of offering cryptocurrency loans. The holding company of cryptocurrency-friendly Silvergate Bank, Silvergate Capital Corporation, announced that the firm plans to offer cryptocurrency-collateralized loans. In an S1/A form filed with the United States Securities and Exchange Commission on Aug. 15 the bank notes: “We believe there may...
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Top-5 Crypto Performers: LINK, LEO, BCH, ETC, BSV, OKB*

Most top performers of the past seven days are consolidating in a range. At what levels do they become an attractive buy? Let’s look at the charts. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk,...
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US Lawmakers to Visit Switzerland to Discuss Crypto, Facebook’s Libra

A delegation of the United States House of Representatives will visit Switzerland on cryptocurrency concerns, with Facebook’s stablecoin Libra being in the focus. A delegation of the United States House of Representatives will visit Switzerland on cryptocurrency concerns, with Facebook’s not-yet-released stablecoin Libra being in the focus. As local weekly news outlet NZZ am Sonntag...
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Stock Market Futures Surge as Trump Gets Positive on China

Trump’s tweets on China may set the stage for a strong rally in the stock market this week as S&P 500 futures open higher. | Source: REUTERS/Jonathan Ernst By CCN Markets: In response to the struggling stock market, Donald Trump’s Twitter feed was awash with positive talk about the trade war and progress with China...
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Boys soccer teams look to bounce back after less-than-stellar seasons

Columbus East’s Eric Stiles prepares to cross the ball during a soccer match against Jennings County at the Richard Wigh Soccer Complex in Columbus, Ind., Thursday, Sept. 13, 2018. Mike Wolanin | The Republic Last year was a year to forget for most of the area’s boys soccer teams. Not only did none of the...
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Ethereum Classic Price Changed by 3.78 percent

As at 2019-08-18 average Ethereum Classic price is 5.64374807 USD, 0.00054269 BTC, 0.02877773 ETH. Ethereum Classic average change within 24 hour is 3.78 against USD, 0.78 against BTC, -2.9 against ETH. Weekly report: -3.62 against USD, 5.91 against BTC, 6.07 against ETH. Monthly report: -2.5 against USD, -1.69 against BTC, 9.45 against ETH. In this...
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Top 3 Price Prediction Bitcoin, Ripple, Ethereum: Crypto levels to watch after weekend consolidation

Major cryptocurrencies trade in relatively tight ranges this weekend. NY financial regulator gives green light to Bakkt to offer Bitcoin futures. Confluence Detector shows Ethereum sits above multiple strong support levels. The strong selling pressure surrounding major cryptocurrencies eased a little on Friday following the news of the NY financial regulator granting Bakkt, cryptocurrency platform affiliate of...
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Poloniex Goes Into Maintenance Mode Without Notice; Users Getting Aggravated With Repeated Outages

Earlier this month, Poloniex had maintenance issue as well Every month of 2019, except for April the exchange went into maintenance mode, at times twice a month Several maintenance issues involved belong to different crypto asset’s wallets Cryptocurrency exchange Poloniex went into maintenance mode, unannounced on August 18th. “The site has been placed into maintenance...
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Elon Musk Shrugs Off Joe Rogan’s ‘God Of Chaos’ Asteroid Fears

Elon Musk is unconcerned about the asteroid that will pass close to Earth in 2029, but SpaceX is working to come up with a solution anyway. | Source: (i) REUTERS/Mike Blake (ii) YouTube/PowerfulJRE; Edited by CCN By CCN Markets: While the mainstream media works itself into a frenzy about the impending “God of Chaos” asteroid...
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Litecoin May Soon Surge Despite Selling Pressure and Recent Dusting Attack

Litecoin has been wrapped in negative sentiment as of late, which has primarily been rooted it its lackluster price action following its recent halving event and a recent dusting attack that impacted nearly 300,000 LTC addresses on Binance.Despite the dwindling optimism surrounding LTC, analysts are now cautiously noting that the cryptocurrency may be nearing a...
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Why Blockchain Technology is Important for Data Privacy

Centralized companies leaking data has become somewhat commonplace in recent years, and that is only slated to only get worse. With more and more of our lives online, we need systems in place to protect our digital information. Using blockchain technology, our data could be much, much safer. Data Leaks Centralized companies leak information more...
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Litecoin Price Analysis: Litecoin (LTC) Price Embarks Recovery; Coin Deals At $73

Litecoin (LTC) price reflects a recovery in the intraday chart. The future prospect looks brighter. Litecoin (LTC) price has started a recovery spree on the price chart. The past couple of days were quite disturbing for the entire market. The market cap has dropped to $26 billion which at $30 billion in the last month....
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Bitcoin as a Safe Haven: Yet Another Recession Indicator Flashes

For the umpteenth time in a matter of weeks, a recession indicator has started to flash. Bitcoin, which has begun to be classified as a “safe haven” asset, may stand to benefit from such a move in traditional financial markets.Related Reading: Bitcoin Dropping Under High $8,000s Now “Highly Unlikely”: Here’s WhyRecession Inbound; Bitcoin Can OutperformOver...
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Bakkt Is Good For Bitcoin And Ethereum Too – The Market Hasn’t Priced That In Yet

Bakkt’s bitcoin futures and custody platform launch on 23 September is a shot in the arm for crypto, but in addition to boosting bitcoin it could also raise the profile of Ethereum. The long-awaited physically settled futures should qualitatively shift market composition toward greater institutional influence. A crypto trading and payments ecosystem, Bakkt is a...
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Coinbase and Barclays Part Ways, Will UK Users Be Affected?

Barclays bank seemingly dumps Coinbase over AML, but the exchange finds a replacement. Business as usual for U.K. customers?
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Bitcoin May Be Laying the Groundwork for a Trend Reversal

Following Bitcoin’s recent plunge into the mid-$9,000 region, the cryptocurrency has been able to post a strong and sustainable bounce that has allowed it to secure a foothold within the mid-$10,000 region.Now, analysts are noting that BTC may be laying the groundwork for a reversal of its recent downtrend, which means how it reacts to...
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Litecoin {LTC}, Bitcoin Cash {BCH}, XRP, EOS price analysis; market recovers as bulls bounce back

XRP is ranked at #3 on coinmarketcap. The price of XRP rose at a rate of 5.42% in the course of the past 24-hours. The trading volume recorded is $1.031 billion, while the supply has 42,890,708,341 XRP coins in play. The total market cap of XRP is $12.026 billion. As of this moment, XRP is priced at $0.280407....
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Rejecting Libra: A Postscript On The Importance Of Decentralization

Following our open letter to non-crypto friends, the crucial topic of decentralization demanded further elaboration. Why is it at the heart of so many discussions in cryptocurrency? And why has the crypto community reacted to Facebook’s Libra project with a mixture of amusement, hope for mainstream acceptance, and naked hostility? Most importantly, we must not...
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Bitcoin Sentiment Shines in Turkey, Diminishes in the Rest of Europe

A report published by ING shows that the percentage of the population that believes in Bitcoin is slowly decreasing, indicating skepticism for cryptocurrencies in general. With the exception of Turkey, Poland, and Romania, most of Europe does not believe that cryptocurrencies will be an integral part of the financial system in the coming years, August...
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Bitcoin Circles $10,400 as Altcoins Rally, XRP Posts 10% Gains

Sunday, Aug. 18 — Crypto markets are seeing a strong surge of green, with altcoins posting the strongest gains and Bitcoin (BTC) circling the $10,400 mark. Market visualization. Source: Coin360 After yesterday’s correction, BTC is today up nearly 2%, bringing it to $10,393 by press time.  While still roughly $1,000 short of its price point...
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Ethereum Price Analysis: ETH Rebounds At Crucial Support, Are Bulls Plotting a Move?

Ethereum saw a notable increase of 5% today taking its price to $194.71. The week was, however, and the price declined by 8.41%. The good news is that Ethereum has rebounded at a long term support trend line and looks like it will hold moving forward.  This latest rebound is supported by the increase in...
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Stellar Dips Below 0.07051 Level, Down 2% By Investing.com

Stellar Dips Below 0.07051 Level, Down 2% Investing.com – Stellar fell bellow the $0.07051 level on Sunday. Stellar was trading at 0.07051 by 06:46 (10:46 GMT) on the Investing.com Index, down 2.20% on the day. It was the largest one-day percentage loss since August 18. The move downwards pushed Stellar’s market cap down to $1.36833B,...
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OKEx blog explains why more crypto-traders are looking into sharpe ratios

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...
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Dragon Age Lead Producer Out as EA’s BioWare Keeps Bleeding

BioWare suffered another blow with the departure of its next big title’s lead producer, Fernando Melo. Maybe they should part ways with EA. | Photo by Matt Sayles/Invision for Microsoft/AP Images By CCN Markets: Fernando Melo, the lead producer on the upcoming Dragon Age title, is leaving BioWare. This is especially shocking as it’s happening...
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Bitcoin Halving History

Bitcoin (BTC) is, undoubtedly, the king of the cryptocurrency market, and since that is the case, we are bringing you a full overview of the Bitcoin halving history. While this article focuses on the Bitcoin halving history you might also be interested in the Top 5 Bitcoin price prediction charts for Bitcoin halving 2020. The...
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Bitcoin Groupies Call Bullsh*t on ‘Fraudulent’ Satoshi Reveal

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...
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Bitcoin (BTC) $ 70,685.94 2.06%
Ethereum (ETH) $ 3,562.41 1.02%
Tether (USDT) $ 0.999503 0.07%
BNB (BNB) $ 582.63 1.76%
Solana (SOL) $ 185.31 1.18%
Lido Staked Ether (STETH) $ 3,545.77 0.68%
XRP (XRP) $ 0.630846 2.43%
USDC (USDC) $ 0.998503 0.27%
Dogecoin (DOGE) $ 0.219385 18.08%
Cardano (ADA) $ 0.652527 2.00%