September 6, 2019

Messaging giant LINE gets license to operate cryptocurrency exchange in Japan

Japan’s financial regulator has reportedly given messaging giant LINE a licence to operate the cryptocurrency exchange, BitMAX, through LVC Corporation, the digital asset and blockchain-focused arm of the Japanese company. The exchange will allow users to trade Bitcoin, Ether, Litecoin, XRP and Bitcoin Cash. LINE will be re-using much of the back-end infrastructure from the...
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Is Bitcoin Price Preparing To Mirror 2017’s Bull Run?

Bitcoin price has posted positive returns every quarter this year till date. Last time this happened, we saw BTC hit $20,000 in 2017. Is bitcoin preparing to repeat history then?  Bitcoin Hit Green in All Quarters This Year Bitcoin is quietly inching towards the $11,000 price mark, as the contents of this piece are being...
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Pakistan-based Faysal Bank will work with Ripple to revolutionize Payments across borders

The Faysal Bank, Islamic Commercial Bank of Pakistan, has made a partnership with Ripple to make the process of payments very secure and efficient across the borders. 6 Sep,2019 Faysal Bank become first bank in Pakistan Sign Up Contract With Ripple (Xcurrent). Dato Arif Siddiqui-SEVP/Chief Digital Officer Faysal Bank. @Hodor @AlexCobb_ @digitalassetbuy @CKJCryptonews@stuart_xrp @BankXRP @XrpCenter...
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When bitcoin bros talk hard news

The crypto bros are a smart bunch. They know a thing or two about cryptography; they know how money is moved electronically across the world; and they know more than most about multiple interlocking positive feedback loops. But more than anything else, they know how to spin a “this is good for crypto” story when they see...
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CME Futures Gaps Pile Up, Which Will Bitcoin Price Fill Next?

Bitcoin price is closing in on $11,000 after a period of extreme volatility. Last week, the crypto asset fell below $10,000 in what many are calling a bear trap, and quickly bounced from lows around $9,400 back up the current price of $10,900 where it is currently trading.Along the way back up, yet another CME...
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Binance.US Will Launch ‘In Next Few Weeks’: First Crypto Exchange Details

The leading cryptocurrency exchange has revealed new details about its upcoming move to the United States. In a blog post published today, Binance announced that the new Binance.US marketplace will open to North American customers “in the coming weeks.” In the post, Binance promised a “fast, compliant, and secure digital asset marketplace” for traders in...
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Cardano Price has Dropped by 3.26% in the Last 24 Hours

IOHK, A technology company in the field of Blockchain has recently partnered with Cardano and launching a Hackathon to support more adoption of Cardano in September. We are teaming up with Cardano Foundation, other influencers in the blockchain industry, and University of Wyoming to foster the adoption of Cardano and smart contract development at the...
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JPMorgan Warns Stablecoins Like Libra at Risk of ‘System Gridlock’

The new breed of stablecoins led by Facebook’s Libra could be vulnerable to failure in periods of network stress.  According to an analysis from JPMorgan released on Sept. 5, they lack the short-term liquidity of other payments systems, so usage could grow faster than the network can safely support. Transaction growth could outpace network capacity...
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Keene New Hampshire Is Not Only a Libertarian Enclave – It’s Also a Crypto Mecca

Over the last few months, there’s been a lot of attention directed toward destinations like Slovenia, North Queensland, Japan, and Venezuela which capture the largest number of bitcoin cash merchants worldwide. Another region that’s seen a massive influx of BCH adoption is Keene, New Hampshire, a place that’s widely known for its lack of taxation,...
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Facebook’s Libra does not have any characteristics associated with cryptos, claims Jake Chervinsky

The introduction of Facebook’s Libra has been one of the highlights of 2019, but it was not smooth-sailing for the virtual asset. The Facebook-backed stablecoin received collective criticism from government officials, crypto-personalities and a majority of the community, with many questioning its potential use cases and characteristics as a cryptocurrency. In the latest edition of...
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Swiss Central Bank Dreads Scary Foreign Stablecoin Crypto

Switzerland’s central bank is running scared over its control on monetary policies in the face of stablecoins pegged to foreign currencies. | Source: Shutterstock; Edited by CCN Switzerland’s central bank is fretting over the possibility of stablecoins pegged to foreign currencies eroding its ability to use its monetary policy tools effectively, further complicating the path...
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Bitcoin Price Driven By Institutions As SIMETRI Analyst Sees $15K Imminent

It may be the official end of summer, but this week has been a bumper one for the Bitcoin price. Spot markets appear to be reacting to bullish news that institutional involvement is increasing. A SIMETRI Research analysis (below) highlights that if Bitcoin successfully passes $11,000, the market might see a retest of $15,000. Following...
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Facebook Hires on New Lobbyists for Libra Stablecoin Project

Social media giant Facebook has hired two more lobbyists to aid the release of its forthcoming Libra stablecoin. As Bloomberg reported on Sept. 5, lobbying disclosures filed earlier this week revealed that William Hollier, the president of legislative and regulatory counseling firm Hollier Associates LLC, began lobbying for Facebook on blockchain policy, among other matters,...
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Facebook Stock Drags Nasdaq Down Amid 9-State Antitrust Crackdown

Facebook stock is tanking and puncturing Nasdaq in its spiral. | Source: REUTERS/Leah Millis/File Photo Facebook stock (FB) plunged after a nine-state antitrust investigation was announced against the social-media monopoly. As of this writing, Facebook is the worst-performing stock in the Nasdaq. Facebook tumbled 1.9% shortly after the attorneys general of eight states and the...
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PNC Bank Using Ripple XCurrent — Is Interest in Blockchain Rising?

Stablecoins have a goal of putting an end to the recent volatility of the crypto market — and in doing so, they have opened the door to crypto usage for institutional investors, which has long been considered an important milestone on the road to mainstream adoption. One of the ways that institutional investors are looking...
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CryptoFest 2019 coming to South Africa

Bitcoin Events is hosting the first-ever, Crypto Festival in Cape Town on 7 September 2019 at Shimmy Beach Club, V&A Waterfront. This is the first event of its kind in South Africa and with the tremendous interest in cryptocurrencies that exist in South Africa, this event is certainly going to provide several insights into why...
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Bitcoin’s Rising Tide Lifts Alt Boats

Friday is turning into the greenest day of the week for most of the crypto market. After successfully holding its gains yesterday, Bitcoin is now continuing its run towards $11,000. The altcoin landscape is even more interesting, with several strong outliers in a fairly green sea. And then there’s the rogue wave from Augur –...
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IOTA Price Reaches $0.24 (MIOTA)

IOTA (CURRENCY:MIOTA) traded 0.4% higher against the U.S. dollar during the 24 hour period ending at 9:00 AM ET on September 6th. IOTA has a total market capitalization of $673.84 million and approximately $5.74 million worth of IOTA was traded on exchanges in the last day. Over the last week, IOTA has traded down 2.1%...
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Bitcoin Price Primed for 100% Surge in 2020: Josh Rager

Bitcoin could be on its way to $20,000 next year if a historical trend repeats itself once again, according to crypto trader Josh Rager. | Source: Shutterstock Crypto trader Josh Rager is a noted bitcoin bull known for his ambitious price targets. He is now predicting that the price of the flagship cryptocurrency could surge...
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Bakkt Finally Opened a Warehouse for Bitcoin Transactions

Bakkt announced that it is opening a Warehouse. Its potential clients are those customers willing to deposit Bitcoin as well as withdraw it. It seems that the company is preparing for the introduction of its futures. Today Bakkt opened its long-awaited Warehouse for customer Bitcoin deposits and withdrawals. As they said in their tweet: Today...
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Bakkt Warehouse Launches Deposits and Withdrawals as Planned

Bakkt Warehouse, a qualified custodian of crypto trading platform Bakkt, is now accepting customer Bitcoin (BTC) deposits and withdrawals. First physical BTC futures on the way As the company tweeted on Sept. 6, Bakkt Warehouse has officially launched in accordance with the plans revealed on Aug. 28. The launch of Bakkt Warehouse comes as the...
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Bakkt Warehouse Launches Deposits and Withdrawals as Planned

Bakkt Warehouse, a qualified custodian of crypto trading platform Bakkt, is now accepting customer Bitcoin deposits and withdrawals
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Litecoin Price Analysis: LTS Struggling Against BTC But Will It Break Above $70?

Liteocin has seen a 2.77% price hike over the past 24 hours which has allowed the price to rise to the $68 mark. The cryptocurrency seems to be recovering after increasing by a total of 5.5% this week. However, Litecoin still has a long way ahead to gain back some of the 42% it lost...
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Blockchain Projects to Watch in 2019

This blockchain projects may stay out of your radars since not all of them were actively advertised. However, we can say with confidence that these projects are worth paying attention to in 2019. It is always necessary to keep abreast of trends that occur in the cryptocurrency world. Many crypto advocates and traders called the...
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Ethereum Classic Price Reaches $6.98 on Top Exchanges (ETC)

Ethereum Classic (CURRENCY:ETC) traded 0.1% lower against the dollar during the 24-hour period ending at 9:00 AM ET on September 6th. Ethereum Classic has a market cap of $790.57 million and $593.83 million worth of Ethereum Classic was traded on exchanges in the last day. One Ethereum Classic coin can now be bought for $6.98...
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BitMEX Open Interest Hits $1 Billion Mark; Past Performances Have Not Been Good For BTC Price

Bitcoin moves closer to break $11,000 level as Bakkt Warehouse launches today Each time OI hit $1 Billion, we sold off Bitcoin price structure, meanwhile, looking very similar to the one seen during the bull run of 2015-2016 This entire week, Bitcoin has been climbing higher, one step at a time. We started on the...
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Bitcoin Whale Moves a Cool Billion Dollars for a Mere $700 Fee

Someone just moved $1 billion in bitcoin to an unknown wallet. | Source: Shutterstock On September 6, more than $1 billion worth of bitcoin was sent from an unknown wallet. The transaction was processed within several hours with a $700 fee. A $1 billion bitcoin transaction processed with a $700 fee (source: blockchain.com) The Token...
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Facebook’s Crypto Scheme Triggers Massive Regulatory Backlash

Facebook’s crypto scheme appears to have spurred regulators to take the social media giant’s privacy scandals more seriously. | Source: REUTERS / Aaron P. Bernstein Following reports earlier today that dozens of state attorney generals were set to officially commence antitrust investigations into Big Tech behemoths Facebook and Google, New York Attorney General Letitia James...
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Why Are Institutions Paying Top-Dollar For Grayscale’s Bitcoin Trust?

Institutional investors are paying high premiums for shares of the Grayscale Bitcoin Trust (GBTC), which allows them to bet on Bitcoin (BTC) without holding the asset itself. GBTC is an investment vehicle which tracks the spot price of Bitcoin, providing investors from mainstream finance with a familiar means to gain exposure. At the time of...
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CONCEPT LASER, EOS GmbH Electro Optical Systems, etc. – Business Intelligence

Aerospace Industry 3D Printers Market 2019 This research report is equipped with the information categorizing for Aerospace Industry 3D Printers Market by parameters such as players, brands, regions, types, and application. The report also details the information about the global market status, competition landscape, growth rate, future trends, market drivers, challenges, opportunities and porter’s forces analysis...
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Bitcoin (BTC) $ 63,124.91 3.11%
Ethereum (ETH) $ 3,065.58 3.19%
Tether (USDT) $ 1.00 0.05%
BNB (BNB) $ 549.03 3.43%
Solana (SOL) $ 139.41 6.73%
USDC (USDC) $ 0.99993 0.07%
Lido Staked Ether (STETH) $ 3,062.37 3.24%
XRP (XRP) $ 0.499057 1.81%
Toncoin (TON) $ 6.54 8.91%
Dogecoin (DOGE) $ 0.150052 3.25%