September 8, 2019

Bakkt prepares to launch its Bitcoin futures, here’s what we know

Bakkt is preparing to introduce its Bitcoin futures contracts. As the September launch date approaches more details have come to light. Bakkt Bitcoin futures Bakkt, a subsidiary of the Intercontinental Exchange (ICE), which owns the New York Stock Exchange, was granted approval from the U.S. Commodity Futures Trading Commission for crypto-settled Bitcoin futures. In addition,...
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The Rising Bitcoin Dominance Index and an Altcoin Season Aren’t Mutually Exclusive

In the cryptocurrency world, there is Bitcoin, and all the other markets combined. The correlation between the world’s leading cryptocurrency and everything else is mindblowing. As of right now, the Bitcoin Dominance Index sits at 70%. A very interesting situation, as it seems to indicate the expected altcoin rally will not occur anytime soon.  Returning...
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Crypto and Blockchain Adoption Grows: 5 Important Developments Sept. 2–8

Analysts have long predicted that the increased participation of governments and institutional players in the blockchain and cryptocurrency space shows how the respective industries are maturing. The founder of crypto merchant bank Galaxy Digital, Michael Novogratz, recently said that the next up-move of the cryptocurrency bull market will be driven by institutional investors. Last week...
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Ethereum Pumps Past $180, But It Could Be a Fake-Out

Ethereum (ETH) incurred a significant amount of upwards momentum yesterday that came about after the aggregated altcoin market posted some decent gains that led many cryptos to surge 5% or more.Importantly, this surge may ultimately be fleeting, as one analyst is noting that ETH has “fake pumped” on multiple occasions as of late, with each...
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Crypto Usage Grows As Drug Trades Digitalizes: Analysis

Telegram’s blockchain project named TON has entered the last preparation stage before going live. As the latest cryptocurrency news show, Telegram releases code for its new blockchain. The code for running the blockchain node was released on the test network portal late this Friday. Currently, the developers and community members interested in the messaging app...
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NEO’s push to supplant Ethereum as the most developer friendly blockchain

NEO is aggressively expending resources to compete with Ethereum in a race to become the most “developer friendly” blockchain. Supported by several Microsoft veterans, the project is leading an ambitious build-out of the platform’s core capabilities with a treasury worth more than half a billion dollars. History behind NEO NEO is a smart contract platform founded...
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Bitcoin and Gold could act as an ‘insurance policy’ against Central Banks’ failing negative rates and yield bonds

Max Keiser, a Bitcoin commentator famous for his segment the Keiser Report, recently interviewed Mark Valek, publisher of ingoldwetrust.org report, and discussed the ongoing debate on the comparison between Bitcoin and Gold. In the interview, Keiser asked Valek about the ‘rivalry’ between gold-proponents and crypto supporters and asked him for his opinion on the matter,...
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$26 Million XRP Transferred from Ripple to Ex-CTO Jed McCaleb

100 Million XRP was transferred to Ripple Co-founder Jeb McCaleb from Ripple Lab’s wallet address, as reported by the Whale Alert twitter account. Many are investors are worried about a potential sell-off which could drive the price down below its current rate of $0.26. Jed Who? Jed McCaleb is currently the CTO of Stellar, the...
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Relentless vs Gods Unchained – Blockchain Trading Card Open Beta Comparison

Recently I had the pleasure of reviewing two awesome blockchain trading card games: Relentless and Gods Unchained. At their core, the two games are extremely similar in their mechanics, but there are some subtle differences between the two that will be addressed. Let’s get started on this review and see which is the better game....
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Altcoin Roundup: ETH, XRP, BCH, LTC, USDT price analysis

For the first time in several months, altcoins have outperformed Bitcoin in price appreciation. Although Bitcoin prices registered 2.5% growth for the week, altcoin prices generally registered 3-4x higher. A price analysis of the top 5 altcoins by market cap follows. ETH/USD Ethereum has been struggling over the past two months, slipping more than 40%...
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Can You Make Profits Mining Cryptocurrency?

As Bitcoin fights back above five digits and other altcoins move into the green, many crypto enthusiasts are wondering if there are still profits in cryptocurrency mining. If you’re not certain if you can make profits from cryptocurrency mining, the answer is probably ‘no.’ Most profitable operations have enormous sunk costs, including wholesale purchases of...
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Dash and Bitcoin should not be differentiated by regulators over Dash’s Privacy Coin status, says Ryan Taylor

Privacy Coins receive a lot of criticism from the community for their privacy-oriented transactions as such virtual assets were recently delisted from various exchanges due to regulatory concerns. Dash is also widely considered a privacy coin for their PrivateSend transaction and in a recent interview, Ryan Taylor, CEO of Dash Core Group expressed his opinion...
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Centralized Cryptocurrency Trading Shows Signs of Regression

Centralized trading platforms play a crucial role in the cryptocurrency industry. A lot of users store their funds there for a wide variety of reasons. Recent research by TokenAnalyst confirms things are slowly changing. A lot of big exchanges see less of an influx of Bitcoin, forcing them to tap into other revenue streams. The...
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Japan Second-Quarter GDP Revision Sparks Recession Fears

Japan’s economy faces both external and internal risks as latest GDP numbers released. | Source: Shutterstock Japan’s economic expansion cooled more than initially forecast in the second quarter, revised data showed, complicating the government’s planned consumption tax hike later this year. Ironically, the long delayed sales tax increase is expected to shrink Japan’s GDP output...
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Paxful Joins Forces With CoinLogiq to Bring Crypto ATMs to Columbia and Peru

The global peer-to-peer Bitcoin (BTC) marketplace, Paxful, and Medellin-based blockchain company, CoinLogiq, are joining forces to bring 20 new crypto ATMs to Colombia and, later, 25 to Peru. Colombians will have access to 20 new ATMs In a press release shared with Cointelegraph on Sept. 5, Paxful announced that it is joining forces with CoinLogiq...
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5 Facts About Bitcoin You May Not Know

Bitcoin turned heads when it hit an all-time high price of $20,000 in December 2017. Folks who were already invested in it since the genesis became overnight millionaires and billionaires. Lots became self-proclaimed bitcoin traders and investors. Even then, quite a lot have remained ignorant about a few facts.  For newcomers to Bitcoin and ‘veteran...
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Bitcoin Price Shown Alongside Dollar and Euro in Square: Gone Mainstream

Ever since Bitcoin (BTC) was birthed, its early adopters have dreamed of a world where cryptocurrency is the go-to medium of exchange, not fiat currencies. But, ten years since Bitcoin was released, this dream has not been had.Related Reading: Bitcoin Pioneer Adam Back: BTC Price at $50,000 “Not Far Off”Cryptocurrency pundits on Twitter estimate that...
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‘Avoid Biased Calculations’ Says Crypto Researcher After Cherry-Picked Chart Debate

On Friday, crypto analytics site Messari and data analyst Zack Voell shared a controversial chart called “Bitcoin Cash versus Lightning,” which claims to display a comparison of activity for both networks. Voell contended that the Lightning Network was growing at a faster rate than the scaling solution BCH has to offer. The way the chart...
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Apple Hint, XRP Dump, Mystery $1 Billion Transfer: Hodler’s Digest, Sept. 2–8

In this week’s Hodler’s Digest, a mystery $1 billion BTC transfer, exciting crypto news for burger fans in Germany, and Ripple angers its community
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Top 3 Price Prediction Bitcoin, Ripple, Ethereum: ETH trades near key resistance

Major cryptocurrencies with the exception of BTC gathered recovery momentum this weekend. FXStreet’s Confluence Detector shows Ethereum is testing key resistance level. Ripple seems to be trading above strong supports that are likely to limit its losses. Major cryptocurrencies gained traction on Saturday and began to recover the losses they suffered during the second half of...
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Edo Election Tribunal endorses Idahosa’s victory

Dennis Idahosa of APC wins. By Jethro Ibileke The Edo State Election Petition Tribunal on Sunday upheld the election of Hon. Dennis Idahosa of the All Progressives Congress (APC), as winner of the Ovia Federal Constituency election in Edo state. Omosede Igbinedion of the People’s Democratic Party (PDP), had filed a petition before the tribunal...
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World’s ‘First’ Blockchain Smartphone to Become Available in New Market

Finney, the world’s purportedly first blockchain-enabled smartphone, will soon be available for purchase in Bangladesh. According to a report by local newspaper The Daily Star on Sept. 9, the Bangladesh Telecommunication Regulatory Commission approved the phone for import in August and it will be available on the Bangladeshi market in October. Mobile Phones in Bangladesh...
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Analyst Claims Bitcoin Drop Towards $7,000 Highly Probable

Bitcoin and the aggregated crypto market incurred a sudden influx of buying pressure late-yesterday that allowed most major cryptocurrencies to post some decent gains, although these were largely erased overnight as BTC dropped back down towards $10,400.Bitcoin’s consistent ability to post strong bounces with each visit into the $9,000 region certainly provides some justification for...
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Altcoins See Slight Uptick While Bitcoin Is Stuck Around $10,400

Altcoins are seeing slight gains while Bitcoin is stuck around the $10,400 price mark
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Bitcoin Script’s potential can be unlocked with the help of Miniscript

Pieter Wuille and Andrew Poelstra are two of the most recognized Bitcoin developers in the community. As reported earlier, Wuille, a developer at Blockstream, announced the Miniscript project a few weeks back, and recently an article on medium was released which listed out the ambition and objective of the current blockchain programming language. According to...
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Bitcoin-Yuan Divergence Is Coming To New All-Time Highs

Bitcoin (BTC) has been leading the news lately. As featured on many best cryptocurrency news sites, the most dominant cryptocurrency finally managed to mount a comeback and go over the $10,000 region, trading safely at $10,500 and more. However, one analyst sees Bitcoin to visit $7,500 and drop soon, pointing out that the current price...
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Overdue Altcoin Season: Are Institutions Finally Moving Into Other Coins?

A mini-rally this weekend has raised questions on whether 2019 will solely be the year of Bitcoin (BTC). With altcoins finally in the green, investors may be trying to diversify their crypto holdings or lock-in gains from the increasing value of BTC over the past week. Spot prices for multiple cryptocurrencies, excluding Bitcoin, have risen...
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Bitcoin Price at 35% Premium to “Fair Value”; Will BTC Return to $7,500?

Over the past week, Bitcoin (BTC) has managed to embark on a strong recovery, gaining some 10% after a brutal drawdown to $9,300. Despite this, one indicator says that the cryptocurrency is still well overvalued, potentially by upwards of 35%.But does that mean Bitcoin is going to fall to its “fair value”? No, unlikely not.Here’s whyBitcoin...
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Satoshi Treasure Scavenger Hunt Comes To College Campuses Soon

The CEO of Twitter and Square is in the latest cryptocurrency news again for its apparent connection to the Libra cryptocurrency and the rumors which showed that Twitter could be replicating Facebook with its stablecoin move. However, the CEO has denied the claims. In fact, Jack Dorsey confirms that there are no plans for a...
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Bitcoin (BTC) Price On The Rise Again: Traders Analysis

Bitcoin (BTC) has been leading the news lately. As featured on many best cryptocurrency news sites, the most dominant cryptocurrency finally managed to mount a comeback and go over the $10,000 region, trading safely at $10,500 and more. However, one analyst sees Bitcoin to visit $7,500 and drop soon, pointing out that the current price...
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