August 26, 2019

Bitcoin News, Price Analysis and Prediction for August 27th: BTC Will Test New Support

After peaking at $12,000 earlier this month, Bitcoin is once again hovering over the $10,000 level making everybody nervous. BTC/USD is currently trading at $10,290 on Bitstamp with relatively low volume. Overall the market is looking healthy which comes to no surprise since Bitcoin seems to love the current range. Bitcoin News When it comes...
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New Zealand Radio Host Denies Shilling Bitcoin on Social Media

A New Zealand radio host says that social media posts containing his likeness and promoting Bitcoin are an impersonation
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VMWare CEO Gelsinger Condemns Bitcoin as Bad Design, Bad for Humanity

VMWare CEO slams Bitcoin on environmental impact and use in illicit activities
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Eddie Murphy’s SNL Gig Doesn’t Mean He’s Still Got It

Eddie Murphy is back but the question is not “are we ready?” It’s more like, “is Eddie Murphy ready?” The former standup prodigy is booked to host Saturday Night Live (SNL) this December. Netflix is working on a deal with Murphy to release an undisclosed amount of standup specials. According to TMZ, those negotiations are hovering...
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Bitcoin Incurs Short-Lived Rally as Choppy Trading Conditions Persist

After hanging by a thread above $10,000 for most of the day yesterday, Bitcoin’s bulls stepped up and sent the cryptocurrency surging to highs of over $10,500. Although this rally did spark excitement amongst BTC investors, the move ultimately proved to be somewhat fleeting.Analysts are now noting that $10,900 is a key region of resistance...
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CoinFlex Receives $10 Million Funding for Bitcoin Futures Settlements

CoinFlex has received $10 million in a recent investment round and wants to do more business with Asian retail investors
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Bitcoin Lightning Network Usage Shows Signs of Regression

Many Bitcoin enthusiasts have high hopes for the Lightning Network. For a technology which has been accessible for some time now, it seems there isn’t much growth to take note of. In fact, it appears things are slowly growing worse as more time progresses. This is good news by any means, yet the ship hasn’t...
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The Changing Face of Cryptocurrency Trading in 2019

The cryptocurrency exchange landscape has evolved significantly in 2019. The number, quality and diversity of exchanges has multiplied, giving traders an unprecedented number of venues to choose from. This smorgasbord of options risks leaving traders overwhelmed, however, as exchanges jockey for supremacy, launching new features and products designed to woo the competition and cement their...
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Craig Wright Reportedly Must Give 50% of Mined Bitcoin to Kleiman Estate

Self-proclaimed Satoshi Nakamoto Craig Wright suffered a massive blow today when a judge reportedly ordered him to turn over 50% of the bitcoin he mined with his former business associate, deceased computer genius Dave Kleiman. Florida federal judge Bruce Reinhart also allegedly ordered Wright to give (to Kleiman’s estate) 50% of any intellectual property he...
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Viberate Introduces Festival Apps

Music festivals are fun, but for those organizing them, they are also time consuming and can be extremely expensive. The team at Viberate.com had this in mind when planning out their platform that allows festival organizers to create their own mobile apps for Apple and Android phones. The platform doesn’t require any coding skills, just...
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5 Features You Might Not Have Known About Private Internet Access VPN

Private Internet Access is one of the most popular VPN providers on the market. With so many people using VPNs these days, many might not know of certain features that can improve their experience. That’s why we’ve compiled 5 features available from PIA that you might not have known about. 5. You can enable 2FA...
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300 Million Users of Popular Messaging App— Telegram About to Start Testing Crypto Trading

Based on a recent report, the ability to test how to trade digital currencies will soon be made available to users of mobile messaging giant —Telegram. A publication released by the messaging giant today stated that the developers of Button Wallet, a well-known messenger-based platform for trading Ethereum, Bitcoin Cash, Litecoin, Bitcoin and many other...
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DIY Bitcoin ATM Money Launderer Pleads Guilty

A man who created his own Bitcoin ATM has pleaded guilty of money laundering and related crimes. Kunal Kalra, a resident of Westwood, California, used his machine and other means to clean as much as $25 million between 2015 and 2017.Court documents claim that Kalra also exchanged Bitcoin for cash with a range of criminals....
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Report: Craig Wright Must Forfeit 50% of Bitcoin in Court Case

Report: Craig Wright could hand over 50% of bitcoins per recent ruling
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Crypto Market Sees Minor Losses After Trading Sideways

Monday, Aug. 26 — Top cryptocurrencies Bitcoin (BTC), Ether (ETH) and XRP are in the red. After trading sideways for most of the day, the market is currently seeing minor losses. Market visualization. Source: Coin360 BTC is trading at $10,350 at press time — a 1.72% price decrease on the day. BTC has been mostly...
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Ethereum, Tron down by almost 50 percent over the past year; BTC volatility remains comparable to Alts

The performance of some of the altcoins this year was nothing short of spectacular. The likes of Litecoin hiked by an impressive 387 percent, registering its yearly high of $145. Bitcoin did not shy away from its consistent growth as it reached a yearly high of about $13,800. It was currently valued at $10,362.3. Since...
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Panvala’s decentralized Ethereum-funding platform is now live

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="How can a network like Ethereum continue to sustain its community of developers with funding without relying on a central authority?” data-reactid=”19″>How can a network like Ethereum continue to sustain its community of developers with funding without relying on a central authority? <p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm"...
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Beyond Meat’s KFC Tie-Up Is Terrible for Brand Image

Beyond Meat, which IPO’d earlier this year, decided combine its fake meat – ahem plant-based chicken – with Colonel Sanders’ 11 herbs and spices. Unless the idea is to inherit the stigma and calories that are generally associated with fast-food joints, this pairing is a terrible idea. KFC is synonymous with comfort food, and patrons...
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Binance Crypto Lending Program Sparks Controversy

Popular cryptocurrency exchange Binance has released a crypto lending platform that allows users to earn a significant amount of guaranteed interest on their crypto holdings without having to expose themselves to any risk.Despite its promising nature, some investors are skeptical about Binance’s latest program, and are warning investors to use caution when engaging in anything...
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How To Keep Your Crypto (Somewhat) Safe

There’s good news, you’re not paranoid. They really are out to get you.  Earlier this month, leading cryptocurrency intelligence firm CipherTrace published its quarterly report, and it makes for pretty grim reading. This year alone, a staggering $4.26 billion worth of cryptocurrencies have been hacked, stolen, or otherwise misappropriated by thieves and fraudsters. As these...
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Crypto in Court — Overview of the Biggest Lawsuits Worldwide

The SEC continues to file lawsuits in the U.S., but banks are on the receiving end of international crypto court cases
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XRP Rich-list Stats show only 0.01% of total XRP accounts hold $3.848 million

The latest XRP wealth distribution statistics showed interesting insights into rising trends by the XRP holders over a period of three months. According to the latest XRP Richlist Stats, which monitors the trend line for the XRP wealth distribution, only 0.01% of the total XRP accounts have a balance of more than 14,231,299 XRP, which,...
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Brazil Central Bank Adopts IMF Guidelines for Crypto Classification

The Central Bank of Brazil has adopted IMF guidelines for classifying cryptocurrencies
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VMWare CEO Gelsinger Condemns Bitcoin as Bad Design, Bad for Humanity

Pat Gelsinger, the CEO of major cloud computing and virtual machine company VMWare, has condemned Bitcoin (BTC) as being “bad for humanity.” Fortune spoke to Gelsinger about Bitcoin prior to VMWare’s annual conference in San Francisco on Aug. 26. According to Gelsinger, one issue with Bitcoin is its purportedly high energy consumption, which contributes to...
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Stellar, EOS and Litecoin Price Prediction and Analysis for August 26th: XLM, EOS, and LTC

Stellar Price Analysis (XLM/USD) On an intraday chart, stellar has recorded a strong selling pressure that has led to a dip in the volatility level.  XLM/USD pair began the sell-off yesterday trading at $0.0717 that was followed by a steep fall that fluctuated the price down to closed at $0.0680 where it later tested the...
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Venezuelan Crypto Regulator Urges Public to Use Petro For Remittances

The superintendente of “Nacional de Criptoactivos (SUNACRIP) in Venezuela, Joselit Ramírez, has appeared on national radio to encourage people to use the Venezuelan state-backed crypto asset, the petro. Ramírez reminded listeners that the “Sistema Patria” was now online for simple, secure remittance payments.Last year, the government of Venezuela became the first on the planet to...
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Fragile Stock Market Could Push Bitcoin Price To $25,000: Max Keiser

What’s bad for the global stock market is good for bitcoin, believes veteran economic theorist Max Keiser. The founder of crypto-only venture capitalist firm Heisenberg Capital turned bearish on equity markets, fearing that they would collectively fall by 15,000 points. He further envisioned that a stock market crash might prompt investors to take their capital...
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‘Not an Audit’: IRS Notice Could Spell Trouble for Crypto Traders

The IRS took to Twitter on August, 26, posting a video about recently mailed CP2000 notices, of special interest to crypto traders. The notice, which seeks to rectify discrepancies made by recipients in tax reporting, is another in a series of crypto-related letters recently sent by the agency. Though the promised guidelines for reporting still...
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New Crypto-Stealing Ransomware Targets Fortnite Players

A new piece of  ransomware called Syrk will encrypt files on your hard drive while deleting entire folders if the ransom is not paid. The malware is based on the open source Hidden-Cry program, an encryptor that appeared online last December and has been the basis for many bits of malware over the past year. Image via...
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Bitcoin (BTC) $ 64,967.41 4.58%
Ethereum (ETH) $ 3,108.38 2.84%
Tether (USDT) $ 1.00 0.05%
BNB (BNB) $ 560.44 2.90%
Solana (SOL) $ 145.28 7.96%
USDC (USDC) $ 1.00 0.01%
Lido Staked Ether (STETH) $ 3,106.02 2.94%
XRP (XRP) $ 0.501547 1.70%
Toncoin (TON) $ 7.16 13.75%
Dogecoin (DOGE) $ 0.153114 3.69%