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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Craig Wright loses Kleiman case—billions in Bitcoin awarded to Kleiman estate

Craig Wright lost the Kleiman case. The judge ordered Wright to part with half of his pre-2014 Bitcoin—worth over $5 billion—to the Kleiman estate, alongside considerable intellectual property.  The Southern District Court of Florida magistrate Bruce Reinhart recommended that Kleiman’s estate be awarded half the Bitcoin and intellectual property Wright held prior to 2014. In...
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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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Crypto Lending Services Launched By Binance With 15% Interest

Crypto lending services are now launched by Binance as one of the largest cryptocurrency exchanges by trading volume in a bid to attract more customer deposits so let’s find out more about it in the latest cryptocurrency news below. The company made an announcement back on Monday that Binance Lending will be now available for...
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Bitcoin Price Analysis: Weeks of Consolidation Are Coming to a Head

[embedded content] Summary: The bitcoin market has been consolidating for several weeks and the volume and price volatilities are coming to a head. The price is beginning to narrow between heavy resistance and macro support and soon either the bulls or the bears will give way. As we draw near the monthly candle close, we...
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Crypto Derivatives Giant BitMEX Controls 0.15% Of All BTC

Crypto lending services are now launched by Binance as one of the largest cryptocurrency exchanges by trading volume in a bid to attract more customer deposits so let’s find out more about it in the latest cryptocurrency news below. The company made an announcement back on Monday that Binance Lending will be now available for...
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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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Patrick Byrne Quits Overstock,The Company Remains Crypto Ambitious

Crypto lending services are now launched by Binance as one of the largest cryptocurrency exchanges by trading volume in a bid to attract more customer deposits so let’s find out more about it in the latest cryptocurrency news below. The company made an announcement back on Monday that Binance Lending will be now available for...
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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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Litecoin Halving Event Failed To Boost The Cryptocurrency Rally

The coming altcoin news recently talk a lot about Litecoin and its dusting attack which was potentially done on August 10 and announced through the official Binance Twitter account. As the tweet notes, around 50 Binance Litecoin addresses received a fractional amount (0.00000546) of Litecoin, which was later identified by the exchange‘s security team as...
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Swiss Regulator Approves Two Banking Licenses For Blockchain Companies

The House Financial Services Committee along with the official representative and chair Maxine Waters have decided to continue the review of the upcoming cryptocurrency issued by Facebook, Libra. In the latest cryptocurrency news, we feature the official statement of the committee about Libra and the associated digital wallet named Calibra. As Waters noted, the committee’s...
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