August 29, 2019

Bitcoin Bleeds Out Entire Crypto Market Losing Billions in Price Within Minutes

Bitcoin and a few major altcoins have shocked the market as they have shed significant weight in a considerably short time. Right now, the crypto market prices have lost billions and there is no pointer to a bull run in the near future. The entire crypto market has been in a free fall of sorts...
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Jussie Smollett’s PR team says ‘every iota’ of hate crime attack claim is true in response to Chicago suit

Jussie Smollett’s PR team said Wednesday that “every iota” of the actor’s account of being victimized by a racist, anti-gay attack in Chicago this past January is supported by police evidence, despite police repeatedly saying it was all staged. The statement followed a filing by the city Monday defending its lawsuit that seeks to recoup the costs of...
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Bitcoin ‘Failed Safe Haven Test’ After 7% Drop, Peter Schiff Gloats

No time for naysayer Peter Schiff as Bitcoin investors defend price move
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Ontology Gas (ONG) Is Now Listed On The Cryptocurrency, Crypto.com

One of the pioneering payments and cryptocurrency platform, Crypto.com has now listed Ontology Gas’s ONG on it’s application. The cryptocurrencies and stablecoins that are presently listed on Crypto.com are Bitcoin (BTC), Ether (ETH), Litecoin (LTC), XRP, TrueUSD (TUSD), PAXOS (PAX), and its own MCO and CRO Tokens.  The Ontology holds two tokens, one of which...
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Crypto World Skeptical as @Bitcoin Twitter Account Ditches BCH Support

@Bitcoin’s shift of support from BCH to BTC raises questions about the account’s anonymous owner
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Bitcoin and Cryptocurrency Weekly Digest for August 19-26

A new individual claims he is Satoshi in risible PR stunt Liquidity analysis pegs Bitcoin’s market dominance beyond 90% Japanese Amazon launches cryptocurrency wallet and exchange Original faketoshi, Craig Wright loses Kleiman lawsuit Yes, as we can all see, the price of bitcoin dropped over $550 in a matter of hours on August 28th to...
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Nestlé’s Open Blockchain Pilot Program Enforces Transparency

Nestlé to enforce full transparency has announced to pilot new blockchain technology in collaboration with OpenSC. OpenSC is an innovative blockchain platform that allows consumers to track their food right back to the farm. Initially, the program will trace milk from farms and producers in New Zealand to Nestlé factories and warehouses in the Middle...
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BiboxEurope’s Temporarily Suspended Insta-Buy Following Huge Unexpected Demand Now Back Online

The recent introduction of BiboxEurope’s credit card Insta-Buy feature has received a great response from the cryptocurrency community. The feature, that went live on August 20,2019 attracted huge user demand, which caused all the bitcoins and ethers allocated to the Insta-Buy feature to run out in no time. However, the service now stands restored.The unexpected...
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Bakkt to Open Its Warehouse for Physical Storage of Bitcoin on Sept. 6

The Bakkt Warehouse will provide the safe and secure of physical Bitcoin tokens in a regulated environment starting from September 6th. The Warehouse facility is specifically designed for its physically-settled Bitcoin Futures contracts. Intercontinental Exchange‘s (ICE’s) Bakkt platform has already started some initial preparations as it is set to launch its Bitcoin Futures contracts in...
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Bitcoin Breaking Down Below $10,000 – Here Are Some Options For a Possible Bottom (BTC Price Analysis)

Every time Bitcoin is trading under tight range, together with a decreasing amount of volume, there will be a huge price move coming up shortly after. During the previous month, we have mentioned the 4-hour triangle formation developing and that we were expecting the breakout (either direction) to take place very soon since the apex...
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BC Card Utilizes KT Blockchain For Settlement Of Affiliate Points

BC Card, the largest payments processor in South Korea, is now using KT’s blockchain technology to settle rewards points. BC Card processes the ordering and exchanging of points paid out by affinity partners, VIP points and vouchers.  BC Card earlier handled the rewards manually but in the first half of 2019, it began to develop...
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Guess The Right Token To Be Listed On Uphold Exchange & Win Crypto

On achieving $5billion in trades on its crypto exchange, Uphold is celebrating its success with a unique “Crypto Challenge” giveaway. Uphold is a UK-based cryptocurrency exchange opening its gates for 15 new tokens. Now you might be wondering which are these questions. Hold on! It is you who will guess the name of the tokens...
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The journey of Litecoin {LTC} looks bleak as coin plunged from $130 all the way to $65

Litecoin is ranked at #5 beneath Bitcoin Cash on coinmarketcap, and it is one of the chief losers of the day [amongst the top 10 altcoins at least]. The price shrunk at a rate of 8.34% in the course of the last 24-hours. The trading volume recorded is $2.963 billion, whereas the supply has 63,136,287 LTC coins...
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Crypto Can Boost Indian Economy – How Banning Will Hurt it

The Indian economy is experiencing severe economic slowdown not seen in many years, and cryptocurrency can potentially help. However, the government is considering a draft bill to ban cryptocurrencies, which could have undesirable consequences on the economy. Meanwhile, the Indian crypto community has already been enduring a banking ban by the central bank. Also read:...
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Bitcoin Price (BTC) Trend Overwhelmingly Bearish, Turned Sell On Rallies

Bitcoin price is down more than 5% and it recently broke the key $9,760 support against the US Dollar.The price is currently consolidating near the $9,500 support and remains at a risk of more losses.This week’s followed bearish flag was breached with support near $10,000 on the hourly chart of the BTC/USD pair (data feed...
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Bitcoin & Crypto Market Cap Tumble: LTC, BNB, BCH, TRX Analysis

The total crypto market cap extended its decline below the $245.0B support area.Bitcoin price dived more than 5% and broke the key $9,800 support area.Binance coin (BNB) price is down around 12% and it traded close to the $22.00 support area.Litecoin (LTC) price is also down around 10% and it broke the $70.00 and $68.00...
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EY Requests to Move QuadrigaCX Crypto Exchange Bankruptcy Case

EY, the Big Four accounting firm appointed to work on the QuadrigaCX crypto exchange bankruptcy case, wants to move the proceedings from Halifax to Toronto. Local news outlet The Star reports on Aug. 28 that EY has asked a Nova Scotia Supreme Court judge to move the case to Toronto. The firm states that the...
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Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 29/08/19

Bitcoin Cash – ABC – Slides Bitcoin Cash ABC slid by 4.3% on Wednesday. Following on from a 1.12% fall from Tuesday, Bitcoin Cash ABC ended the day at $293.09. A relatively bullish morning saw Bitcoin Cash ABC rise to an early afternoon intraday high $308.61 before hitting reverse. Falling short of the first major...
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Ripple Price (XRP) Bearish Scenario Active: BTC & ETH Nosedives

Ripple price is trading in a bearish zone and recently broke the $0.2500 support against the US dollar.Bitcoin price is down around 5% and Ethereum price declined close to 10%.There is a key bearish trend line forming with resistance near $0.2610 on the hourly chart of the XRP/USD pair (data source from Kraken).It seems like...
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Cardano Falls 10% In Selloff By Investing.com

Cardano Falls 10% In Selloff Investing.com – was trading at $0.045267 by 20:11 (00:11 GMT) on the Investing.com Index on Thursday, down 10.15% on the day. It was the largest one-day percentage loss since August 14. The move downwards pushed Cardano’s market cap down to $1.18675B, or 0.46% of the total cryptocurrency market cap. At...
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ETH/USD creeps next to the oversold zone

ETH/USD fell from $187.45 to $173 this Wednesday and has fallen further to $170.65. ETH/USD is looking to drop below the lower curve of the 20-day Bollinger band. ETH/USD has had a bearish start to Thursday following heavily bearish Wednesday. ETH/USD fell from $187.45 to $173 this Wednesday and has fallen further to $170.65. The...
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Bitcoin Price Struggles to Recover After Slump Earlier Today

Wednesday, Aug. 28 — Top cryptocurrencies Bitcoin (BTC), Ether (ETH) and XRP are in the red following a sudden price crash at 5:45 p.m. UTC. The market as a whole is also red across the board. Market visualization. Source: Coin360 The Bitcoin price is trading at $9,691 at press time, marking a 4.42% price decrease...
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Ethereum Price (ETH) Dives Below Crucial Support, Bitcoin Down 5%

ETH price failed to stay above the key $185 and $180 support levels against the US Dollar.The price is down around 10% and is trading below $172, while bitcoin is down around 5%.There was a break below a bearish continuation pattern with support near $172 on the hourly chart of ETH/USD (data feed via Kraken).The...
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Altcoin Explorer: BitTorrent Token (BTT)

BitTorrent, the first Binance Launchpad IEO, was issued to power the BitTorrent Speed network with a variety of use cases for the token listed in the whitepaper and subsequent analyses. But as pointed out by eminent crypto VC, Barry Dilbert, most utility tokens act as friction tokens that slow down efficiency and offer no real utility....
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Canon Announces EOS 90D and M6 MK II Cameras

And they both shoot 4K video and sport the same 32.5 MP APS-C Image sensor. Though rumors have been swirling about these two cameras for weeks, Canon officially announced the EOS 90D and its mirrorless cousin the EOS M6 MK II today. Both sport similar 32.5 APS-C Image sensors and a DIGIC 8 processor that...
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Bitcoin Price Struggles to Recover After Slump Earlier Today

Bitcoin’s price is trading around $9,600 after a quick spick downward from above $10,200
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Crypto Salaries Gain Regulatory Recognition Around the World

Salaries paid in decentralized digital coins have become a norm across the crypto industry, but there’s really no reason why cryptocurrencies can’t be used for remuneration by businesses in other sectors as well. In many jurisdictions that should be legal even in the absence of dedicated legislation. Switzerland, New Zealand, Japan and Estonia are a...
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Bitcoin (BTC) $ 57,461.40 4.05%
Ethereum (ETH) $ 2,919.86 2.21%
Tether (USDT) $ 0.999636 0.02%
BNB (BNB) $ 547.17 4.15%
Solana (SOL) $ 129.73 3.64%
USDC (USDC) $ 1.00 0.05%
XRP (XRP) $ 0.509696 1.80%
Lido Staked Ether (STETH) $ 2,915.07 2.38%
Dogecoin (DOGE) $ 0.126054 3.29%
Toncoin (TON) $ 4.75 5.90%