August 19, 2019

Rakuten Crypto Exchange Live with Three Crypto- Fiat Pairs

Tokyo-based electronic commerce and Internet company Rakuten has revealed that it has launched its own exchange which supports cryptocurrency spot trading. The Japanese company announced today that its Rakuten Wallet has gone live, and the platform supports trading in bitcoin (BTC), ether (ETH) and bitcoin cash (BCH) against the Japanese yen. The app is currently...
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Maharashtra To Use Blockchain In Agriculture, Insurance

As per DNA article on 19th August, the Maharashtra government has approved Sandbox plan of implementing Blockchain Technology in agriculture marketing, supply chain, registration of vehicles and document management system. This will cut down the manual process and duplicate paperwork. Pilot project is already implemented for health and Supply chain documents as well as SSC...
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Fidelity Charitable Receives over $100 Million in Crypto Donations

Fidelity’s charity arm, Fidelity Charitable, has received more than $100 million in cryptocurrency donations since 2015. But according to the company, this year is not the best one for crypto donations. Fidelity Charitable has accepted cryptocurrency donations since 2015. As the company revealed late last month, in total, it has received more than $106 million...
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Bitcoin’s Price is Up More Than $1K Since Bakkt Futures News

View Bitcoin has risen by $1,000 since Friday’s announcement by Bakkt exchange that it will be launching physically-settled bitcoin futures on Sept. 23. The price rise has neutralized the bearish setup on the intraday charts seen last week. The gains could be extended further to $11,000, as the hourly chart is reporting a bullish continuation...
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Abaca Fiber Market to Witness Stellar CAGR During the Forecast Period 2019 – 2028 – Financial Newspaper

In this report, the global Abaca Fiber market is valued at USD XX million in 2019 and is projected to reach USD XX million by the end of 2025, growing at a CAGR of XX% during the period 2019 to 2025. For top companies in United States, European Union and China, this report investigates and...
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Did Japanese Retail Giant’s New Crypto Exchange Launch Lift Markets?

According to an announcement earlier today, Japan’s version of Amazon – Rakuten – has publicly launched its own crypto trading platform which could see millions entering the space. Three Crypto Assets Supported The official announcement a few hours ago stated that a consolidated subsidiary of Rakuten Group and operator of a crypto asset exchange business,...
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Bullish for Bitcoin Price: Wall Street’s Ex-Central Bankers Advocate For “Free Money”

The past few months have been an absolute whirlwind for Bitcoin and other crypto assets. Ever since the start of 2019, the cryptocurrency class has outperformed, outpacing every single other notable asset class currently trading on public markets.Related Reading: Grayscale’s Bitcoin Premium Suggest BTC Still Overvalued at $10,400: AnalystIn fact, as reported by NewsBTC, since...
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Traders Expect Bullish Binance Coin Price Trend Following Venus Announcement

Most cryptocurrency traders have high expectations for BNB. It is widely believed the Binance Coin price will see a massive surge pretty soon. |Justifying that sheer optimism is not as cut-and-dried as one might think. Albeit there is some good news, everything stands or falls based on Bitcoin’s momentum. Right now, the world’s leading cryptocurrency...
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AmaZix partners with privacy-centric blockchain messenger app FortKnoxster

AmaZix, the global blockchain strategic consulting and marketing agency, today announced it has partnered with cyber-security firm FortKnoxster, developer of a secure and privacy-oriented all-in-one peer-to-peer encrypted communication platform, highlighted on CryptoNinjas a few weeks ago. FortKnoxster is aimed at businesses and individuals who require the highest level of security. The platform offers zero-knowledge, end-to-end,...
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Japan’s Retail Giant Rakuten Officially Launches Crypto Exchange

Japanese cryptocurrency exchange Rakuten Wallet has launched trading a year after acquiring Everybody’s Bitcoin. Three trading pairs go live Confirmed in a press release on Aug. 19, Rakuten Wallet, which is a subsidiary of Japanese e-commerce giant Rakuten, said spot trading of three cryptocurrencies — Bitcoin (BTC), Ethereum (ETH) and Bitcoin Cash (BCH) — was...
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Ethereum Price Analysis : ETH Price Surges Above 7%

At present, the crypto space is back with the bullish sentiments with major coins staying green. Also, the Bitcoin price has surged up to 4%, while altcoins demonstrate positive momentum. At present, Ethereum is leading in terms of gains following ETH, litecoin is second leading cryptocurrency in terms of gains with more than 5% gains....
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Binance Expanding Cryptocurrency World Domination Efforts With Libra Rival

The world’s most dominant cryptocurrency exchange, Binance, is not satisfied with being the best in the industry. It literally wants to own it as Facebook has done with social media. The latest ambitions from the Malta based company include a localized stablecoin initiative that will rival Libra.Facebook in the Firing LineNot only has Facebook had...
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Bitcoin worth over $14 million transferred from Coinbase to unknown wallet in different transactions

With the recent spike in Bitcoin, whales came out of from slumber to trade. Whale Alert, one of the leading crypto transaction trackers, shared the news of the transfer of BTC on Twitter, “500 #BTC [5,354,800 USD] transferred from #Coinbase to unknown wallet.” The transaction took place in 11 confirmations between wallet address 39iNxpjCoUDRyttKhnEvrjmTUErGV3PGFd and 17RWacAg9h8UyZdWnJA28Z7AKW89JjVmDu,...
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Bakkt Effect? Bitcoin Price Spikes to $10.7k, Key Technical Indicators Lit

Where is the bitcoin price heading? Image from Shutterstock. By CCN Markets: Since the official announcement of Bakkt’s bitcoin futures market launch on August 17, the bitcoin price has surged by well over 6 percent against the U.S. dollar to $10,700. On Saturday, before Bakkt received green light from the Commodities and Futures Trading Commission...
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What Are Decentralized Applications (dApps)?

DApps are decentralized applications which run on top of a peer-to-peer network of computers instead of on one central computer. These types of apps have emerged since the creation of P2P networks. Decentralized applications are pieces of code written in smart contracts which communicate with the blockchain, and it is programmed to control various actions...
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Binance to Launch Facebook’s Libra Competitor Dubbed Venus

Binance, the world’s largest crypto exchange, announced it plans to launch a digital currency ‘Venus’ to outcompete Facebook’s Libra. The exchange said it is looking forward to forming new partnerships with tech giants, corporations, governments, and crypto startups to serve the unbanked, promote low-fee money transfers worldwide, and reshape the world’s financial system. The company...
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Amazon Tech Experts-Backed Blockchain CRM Network Raises $3.5M

Cere Network, a San Francisco-based blockchain customer relationship management (CRM) startup, has completed a $3.5 million funding round. The seed round involved major global blockchain investors, including Binance Labs, a venture arm of Binance, the second biggest crypto exchange by trading volumes to date. Other investors included Neo Global Capital, Fenbushi Capital, Arrington XRP Capital,...
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P2P Bitcoin And Dash Transactions Soar In Venezuela

Venezuela’s inflation rate topped 130,000% in 2018 as peer-to-peer Bitcoin and Dash transactions reached new all-time highs month after month.  Bitcoin Thrives in Broken Economies For the past few years, the Venezuelan economy has been rocked by political and economic instability that has led to shortages of food and medicine, nationwide blackouts, riots and unstoppable...
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Wondering Why Bitcoin Hasn’t Returned To $13,000 Mark Yet? Here Are The Main Reasons

Despite numerous analysts and crypto worshippers predicting that Bitcoin will surpass the $13,000 mark, the king coin has continued to trade around the $10,000 mark and here are some reasons why. Ponzi Scheme Theory According to Primitive Crypto founding partner Dovey Wan, the Ponzi scheme is responsible for crashing the crypto industry. On JUly 14...
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Taxes: How to Pick a Recession Proof Career

Many experts predict that the U.S. might face another recession as early as next year and by 2021, others foresee another recession and give it a 24% to 83% of happening. In May 2019, the U.S. saw just 27,000 created – affecting manufacturing and small businesses the most heavily, but some industries, healthcare, education, and...
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Ethereum Reclaims $200 as Bitcoin Makes More Ground in Five Figures

Crypto markets are moving this Monday as the top two aredriving gains. Over $15 billion has been added to total market capitalization sinceyesterday and altcoins are finally sharing some of the love. Ethereum Back at $200 One of the day’s top movers has been Ethereum which has made it back to the crucial $200 level....
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Crypto Exchange Coinone To Shut It’s Services

Coinone, a Korean based company announced that it will be closing CGEX services on September 18th, 2019, 02:00 (UTC). The announcement stated, “First of all, we would like to thank our customers for our exchange service. Unfortunately, due to our circumstances, we decided that we could no longer maintain service, so we are terminating the...
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Silvergate Bank Eyes Crypto-Backed Loans for Institutions

Silvergate Bank, one of the cryptocurrency industry’s few go-to financial service providers, is planning to become a crypto lender. According to an updated IPO filing, Silvergate, which serves some of the cryptocurrency world’s top firms like Coinbase, Bitstamp, Genesis Trading, Blocktower Capital, Polychain Capital and Xapo, has seen increased demand from the industry and is aiming to...
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Crypto Exchange Binance Announces New Stablecoin Initiative

Cryptocurrency exchange Binance has announced that it’s launching a project that will develop cryptocurrencies and digital assets pegged to fiat currencies around the world. Dubbed Venus, the “localized” stablecoin initiative will see the firm utilize its existing infrastructure, such as its public blockchain, Binance Chain, and international payment system, “to empower developed and developing countries to...
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Malta Crypto Exchange Opened by Coinone to Close Next Month

CGEX, a Malta-based exchange opened by South Korea’s Coinone less than a year ago, is shutting down. The exchange posted an announcement last week saying that all services would be terminated on Sept. 18 at 2:50 UTC. After that date, customers will no longer be able to log in, and deposits and withdrawals will no longer be...
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Bitcoin News Summary – August 19, 2019

Here’s what happened this week in Bitcoin in 99 seconds.  New Zealand’s tax agency, the Inland Revenue Department, released a groundbreaking ruling, stating that salaries and wages may be legally paid in cryptocurrency. Income tax will be applied to such payments as per usual. To qualify, payments must be in regular amounts in cryptos...
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Bitcoin Simply Existing Positively Impacts Monetary Policy: Research

The existence of private decentralized cryptocurrencies like Bitcoin has a healthy impact on governments’ fiscal and regulatory policy, a new analysis contends. The existence of private decentralized cryptocurrencies like Bitcoin (BTC) has a healthy impact on governments’ fiscal and regulatory policy, a new analysis contends. TThe argument was put forth in a paper published on...
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Bitcoin Price Bullish Wedge Forms Pointing to $11K, Says Trader

Binance’s intended launch of a Libra-like stablecoin appeared to buoy markets as Bitcoin reversed previous losses. Bitcoin (BTC) price was returning to bullish form on Aug. 19 as markets look to break out from last week’s sideways trading.  Market visualization. Source: Coin360 Bitcoin price builds on $10K support Data from Coin360 revealed Bitcoin challenging $11,000...
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China Central Bank Crypto Can Cannabalize Alipay, WeChat Pay — Analyst

Beijing’s state-issued offering might also help keep funds flowing into bank deposits, mainstream media reports. China’s answer to Facebook’s Libra digital currency could help the central bank attract business away from Alipay and WeChat Pay. Speaking to mainstream media outlet the South China Morning Post (SCMP) on Aug. 19, Cindy Wang, an analyst at DBS...
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The Latest Satoshi Nakamoto ‘Reveal’ Is Actually Quite Compelling

The origin story of Bitcoin’s pseudonymous creator, Satoshi Nakamoto, has seen outright lies, conjecture, and its fair share of ‘reveals’. By now, for many, it has become irrelevant, and any new ‘revelation’ gains a healthy dose of cynicism. But here we are again, with a promise of an unveiling in little under 36 hours. Could it be...
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Bitcoin (BTC) $ 62,819.83 2.13%
Ethereum (ETH) $ 3,113.66 0.25%
Tether (USDT) $ 1.00 0.08%
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Solana (SOL) $ 135.93 4.75%
USDC (USDC) $ 1.00 0.08%
Lido Staked Ether (STETH) $ 3,112.53 0.32%
XRP (XRP) $ 0.513552 1.49%
Dogecoin (DOGE) $ 0.144068 3.91%
Toncoin (TON) $ 5.22 3.19%