Since our previous analysis, Bitcoin had succeeded in breaking up the 50-days moving average zone, straight into our next mentioned support area at $10,800, along with the crucial descending trend-line (marked with yellow on the following daily chart). From there, we saw Bitcoin taking a break to recalculate its next destination: Whether it’s finally going...Read More
Burundi’s central bank has enforced an outright ban on crypto trading. | Source: Shutterstock Burundi’s Central Bank has completely banned crypto trading in the country, specifically mentioning bitcoin, ethereum and a handful of other cryptocurrencies. The East African nation is also warning that “strong measures could be taken” against traders who flout the ban, in...Read More
A devoted team of the PBOC’s Digital Currency Research Lab is currently setting up its digital currency system in a restricted environment aiming to launch it before Facebook’s Libra enters the market. After Facebook unveiled the white paper for its Libra Project in June, the People’s Bank of China (PBoC) got working. The PBoC is...Read More
Fake news, fake companies, and fake liquidity – navigating the cryptocurrency market is often as clear as mud, especially considering up to 86 percent of total reported cryptocurrency trading volumes are likely to be false, according to research compiled by The Block.The traditional finance sector is no stranger to wash trading and neither is the...Read More
Initially postponed for various reasons, Samsung has now announced that its Galaxy Fold is ready for launch, after quite a few modifications were made. The phone will first be released in South Korea. Back in July, Samsung announced an unspecific September date for its new Galaxy Fold smartphone. The phone which was originally expected to...Read More
The company is expected to release code on Sunday to run nodes on telegram’s open network (TON), allowing users to try out the project before the project’s expected main network is released on October 31. TON Labs, a technology start-up controlled by Telegram’s token sales investors, is building a range of tools for developers to...Read More
Zcash Foundation, the non-profit organization behind the privacy-focused cryptocurrency, has been at the center of an ongoing controversy pertaining to the use of the “Zcash” trademark. As per the initial plan, both Electric Coin Company (ECC) and Zcash Foundation would have equal control over the use of the trademark. However, ECC soon decided that the...Read More
Samsung’s flagship Note 10 is getting a special crypto edition in South Korea. | Source: REUTERS/Toby Melville Samsung launched the KlaytnPhone in South Korea on Thursday, a spinoff of the Galaxy Note 10 equipped with blockchain apps and a cryptocurrency wallet. It furthers Samsung’s position as the most crypto-friendly smartphone maker, putting it lightyears ahead...Read More
Mastercard revealed its participation in the Marco Polo blockchain project, a collaboration of R3 and TradeIX. The initiative provides a multi-asset class platform that offers broker-dealer services and multicurrency transactions, among other services. American financial services titan Mastercard announced they’ve partnered Marco Polo, a trade finance network on R3’s Corda blockchain platform. Together with more...Read More
Bitcoin has been in existence for 11 years since its inception in 2008. During this period, Bitcoin rose by nearly 131,000 from obscurity to the end of 2017, an increase of tens of millions of times. This has also created billions of myths in the currency circle one after another. Although Bitcoin is still around...Read More
Global “Digital Currency Market” research report has all the necessary vital details asked by the clients or any audiences in terms of market advantages or disadvantages and future market scope all mentioned in a very crystal clear manner. The report eloquently mentioned all the information regarding market competitors, growth rate, revenue ups and downs, regional...Read More
The Marshall Islands have decided to issue their cryptocurrency. Formerly, the pacific Nation had used the US Dollar solely as currency. This time, they have decided to issue their own based on its own blockchain. With a population of just under 60,000 people, the need to use a cryptocurrency might sound a little weird to many...Read More
Intraday chart reflects a heavy plunge. Traders in Cardano (ADA) blockchain can face losses in the intraday trading. Cardano (ADA) was seen climbing up with impressive momentum. The coin almost recovered the recent drop. The traders finally took a sigh of relief because of the same. The uptrend in the coin opened gates for the...Read More
Bitcoin Cash – ABC – Pulls back from $300 Bitcoin Cash ABC fell by 1.93% on Wednesday. Reversing a 1.97% gain from Tuesday, Bitcoin Cash ABC ended the day at $293.77. A mixed start to the day saw Bitcoin Cash ABC rise to an early morning intraday high $302.02 before hitting reverse. Falling short of...Read More
South Korean electronics manufacturer, Samsung, has time and again shown an interest in the field of cryptocurrencies and blockchain tech. Earlier this week, the company had filed a patent for a programmable blockchain solid-state drive [SSD], with the company last month integrating Pundi X’s XWallet app into its Samsung Blockchain Wallet. The electronics giant is...Read More
Binance, the world’s largest cryptocurrency exchange by volume, has now listed Chiliz (CHZ) trading. The trading will start from 2019/09/06 4:00 AM (UTC). New trading pairs are added – CHZ/BNB, CHZ/BTC and CHZ/USDT. CHZ tokens can be deposited in the Binance wallet. Users can trade BEP2 version of CHZ token directly through their Binance account....Read More
Golix Token (GLX) is currently not trading. In May 2018, Golix was ordered to shut down operations by the Reserve Bank of Zimbabwe. The trading exchange then decided to other countries while they sent a counter case against RBZ. RBZ ordered the banks to close accounts belonging to Golix. This step effectively cut off their...Read More
Economic hardship, whether driven by trade wars or political divisions, usually drives investors into safe haven assets. It has been the case for gold and Bitcoin this year as currencies get crushed and recession fears loom. Britain’s Brexit woes may spell short term doom for the fintech industry but it is likely to have the...Read More
Bitcoin price is trading with a positive bias and recently climbed above $10,800 against the US Dollar.The price is currently trading above the $10,500 support and it could continue to rise in the near term.Yesterday’s highlighted key bullish trend line is providing support near $10,510 on the hourly chart of the BTC/USD pair (data feed...Read More
With day one of North Queensland’s Bitcoin Cash City all wrapped up, conference attendees were left with an overflow of big ideas to distill, process, and potentially integrate. These include underwriting merchant adoption, building tech parks and mining operations, BIP70 applications, separation of money and state, government applications of crypto, user experience, and regulation. The...Read More
When a crypto asset fails to perform in terms of price it rapidly gets a big dose of chagrin from mainstream media and those that have lost money trading it. Ethereum is currently the prime example as investors begin to sour despite ongoing developments to the technology.Ethereum Roadmap Still SolidA major part of the crypto...Read More
The total crypto market cap is currently consolidating gains below the $265.0B resistance area.Bitcoin price corrected gains, but it is still trading above the $10,500 support area.BCH price is struggling to move above the $300 resistance and is currently correcting gains.EOS price is currently consolidating gains near the $3.300 support area.Stellar (XLM) price is struggling...Read More
Formerly a CoinDesk Contributing Editor, Daniel Cawrey is author of the upcoming “Mastering Blockchain” book to be published by O’Reilly Media. Earlier this year IBM purchased Red Hat, the oft-referred to model for how open source can thrive, for $34 billion. Long the consultant to enterprises, IBM is going through a transitional period as a...Read More
On August 27,Credits Blockchain Platform announced the start date for the partial swap. A partial swap involves the migration of tokens from the Ethereum protocol to the Credits protocol, which will allow the company’s token holders to launch the Credits platform software and become full-scale participants of the network.The post appeared first on NewsBTCRead More
Switzerland-headquartered food retail giant Nestlé says it has had to adopt a “start-up mindset” in order to push ahead with its challenging blockchain venture. Insights into the retailer’s blockchain development work were revealed by Nestlé Digital Technology Manager Armin Nehzat in a Sept. 5 interview with TechWire Asia. A long-term journey, not a short-term bet...Read More
Ripple price failed to break the main $0.2650 resistance area against the US dollar.The price is currently correcting lower and is trading near the key $0.2580 support area.There was a break below a major bullish trend line with support at $0.2620 on the hourly chart of the XRP/USD pair (data source from Kraken).The price could...Read More
Plants vs. Zombies Battle for Neighborville is now available for those who buy the Founder’s Edition. Image via EA EA has stealth launched Plants vs. Zombies Battle for Neighborville, a fresh spin on the popular Plants vs. Zombies series. The new game offers class-based shooting gameplay as well as multiplayer modes and social spaces as...Read More
Blockchain payments tech provider Ripple has hired a former political adviser to boost its advocacy efforts with lawmakers in Washington, D.C. In a tweet reposted by Ripple on Tuesday, the new hire, Ron Hammond, announced that he has joined the firm as its new manager of government relations. Hammond previously served as a legislative assistant for...Read More
The Winklevoss brothers’ cryptocurrency exchange Gemini has hired Noah Perlman, a former executive at financial services giant Morgan Stanley, as its new chief compliance officer. Per an official announcement published by Tyler Winklevoss on Sept. 4, Perlman joined Gemini after 13 years at Morgan Stanley, where he worked as global head of financial crimes and...Read More
