September 8, 2019

Cardano (ADA) Trading 4% Higher Over Last 7 Days

Cardano (CURRENCY:ADA) traded up 4.8% against the U.S. dollar during the 1-day period ending at 9:00 AM Eastern on September 8th. Cardano has a total market capitalization of $1.20 billion and $51.78 million worth of Cardano was traded on exchanges in the last 24 hours. One Cardano coin can currently be purchased for about $0.0464...
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Top-5 Crypto Performers: XMR, EOS, BCH, BTC, DASH

Keep an eye on Bitcoin. It will make a large move soon
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The 3 Top Drivers of Crypto Adoption – BCH City Wrap-Up

With Townsville, Australia’s Bitcoin Cash City conference and related post-conference events now all wrapped up, participants are heading home to get back to the grind. As such, it stands to take a look at the conference as a whole and BCH adoption in and beyond the land of Oz, which is fueled by three critical...
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Crypto, Cash and Drugs: Crypto Use Grows as Drug Trade Digitalizes

Learn how cryptocurrency is impacting the global drug trade in Cointelegraph’s new article
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Sunday Digest: Bitcoin Price Moving Up, Arthur Hayes is Back

With worldwide politics in disarray, and even the weather seemingly conspiring against humanity… Is it time to take our Bitcoin stash and move into a remote bunker yet? Bitcoin Price: Finally On The Up Again? After several weeks of consolidation, it feels like bitcoin price may finally be heading upwards again… until the next dip, that...
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XRP community divided over price: Why the so-called fork may NOT be a viable solution

XRP community on Twitter distinguishes itself from the rest by the title bestowed upon it- ‘XRP army’; however, a troop from this army has shifted allegiance. Leading this faction is a Twitter user ‘Crypto Bitlord’, according to whom, he/she (they) act as the delegated spokesperson for a disenchanted and disillusioned camp. Bitlord’s first operation was...
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Litecoin Price Hits $69.47 (LTC)

Litecoin (CURRENCY:LTC) traded 4.9% higher against the dollar during the one day period ending at 9:00 AM Eastern on September 8th. One Litecoin coin can currently be purchased for about $69.47 or 0.00667337 BTC on major cryptocurrency exchanges including Bitbns, Fatbtc, ABCC and Exmo. Litecoin has a market cap of $4.39 billion and approximately $3.12...
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Ron Paul Wants To Abolish The Federal Reserve. Let Cryptocurrency Do That Instead

The greatest threat to America’s democracy might not be the Russians, according to former Congressman Ron Paul. In an episode of his weekly Freedom Report, the occasional presidential candidate and supporter of the cryptocurrency movement spoke against the Federal Reserve’s potential influence over American elections.  [embedded content] According to Dr. Paul, the authors of the U.S....
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Top Useful Websites for Cryptocurrency Enthusiasts

A lot has changed from 2008, the year that Satoshi Nakamoto arguably revolutionized the world’s financial status quo with the introduction of the most significant inventions of our generation: Bitcoin and its underlying technology, the blockchain. Fast forward 11 years, cryptocurrencies and blockchains are not only on everybody’s lips right now, but they’re also at...
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Crypto regulation can create over 20,000 direct jobs and billions in revenue in India

Indian economy is going through a rough phase and the unemployment rate is at 45-year high while its yearly growth rate is taking a back seat. From being one of the fastest-growing economies in the world to the present situation where economists are concerned if immediate measures are not put in place, India might see...
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Payments Processor Stripe Launches Lending Service for Online Companies

Online payments processor Stripe announced the launch of its lending service Stripe Capital for the internet businesses in the United States. On Sept. 5, Stripe announced the launch in a blog post, noting that — once approved — access to funds is usually granted on the next day. The press release states: “Stripe Capital’s full...
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Down To Business: A Who’s Who Of Enterprise Blockchain

Blockchains don’t exist in isolation. This is especially true of enterprise blockchains, which target the business and financial sectors. These projects rely on industry-wide consortia to attract new clients, research, and investments. Unlike public ledgers, projects in the world of enterprise blockchain rarely issue cryptocurrencies or launch an ICO. As such, they don’t have much...
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STRAKS (STAK) Price Tops $0.0022 on Top Exchanges

STRAKS (CURRENCY:STAK) traded 4.8% lower against the US dollar during the 24 hour period ending at 8:00 AM E.T. on September 8th. In the last seven days, STRAKS has traded up 12% against the US dollar. One STRAKS coin can currently be bought for about $0.0022 or 0.00000021 BTC on exchanges including CryptoBridge, HitBTC, Stocks.Exchange...
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Bitcoin’s Scaling Problems Forced Facebook to Launch Libra

If it wasn’t for Bitcoin there would be no Libra. That much is self-evident, since Satoshi’s creation laid the groundwork for every crypto asset that’s followed. The extent to which Bitcoin was responsible for spawning Facebook’s currency has now been made brutally clear in an interview with Abra’s Bill Barhydt. The investment platform’s CEO claims...
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James Bond No Time To Die filming continues with high-octane scenes

James Bond No Time To Die filming continues with high-octane stunt scenes and gun battles taking over quaint Italian streets By Leigh Mcmanus For Mailonline Published: 11:52 BST, 8 September 2019 | Updated: 12:06 BST, 8 September 2019 It is the hotly anticipated 25th chapter in the 007 franchise and it marks Daniel Craig’s final...
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Elon Musk Insists Tesla Solar Is ‘Guaranteed Instant Money Printer’

Elon Musk insists that Tesla solar panels and roofs are “unequivocally a guaranteed instant money printer,” despite the recent fires they reportedly caused. | Source: (i) Reuters (ii) AP (iii) Shutterstock ; Edited by CCN Elon Musk insists that Tesla solar panels and roofs are “unequivocally a guaranteed instant money printer” despite the recent fires...
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Ethereum’s bullish falling wedge pattern likely to pull coin out of bear’s grasp

Over the past couple of months, Ethereum has been in the bears’ territory. The 2nd largest asset slumped by 42.65 percent since July 8th and the coin ended up breaching key supports which were active resistances at press time. However, there may be an imminent trend reversal for the coin in the future as the...
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Bitcoin Price Retraces 6% in Spiralling Weekend Dump

Bitcoin price makes a retreat on Sunday’s trading. | Source: Shutterstock The bitcoin price dropped from $10,968 to $10,252 over the weekend within a two-day span by more than six percent against the U.S. dollar. Bitcoin price dropped by more than six percent since weekly high at over $10,900 (source: coinmarketcap.com) Previously, when the bitcoin...
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Bitcoin Cash In 2019: Where Is It Headed This Year?

Bitcoin Cash is one of the most popular forks of Bitcoin. What does it have to offer―and which features and partner projects are on the way? On August 1st, 2019, Bitcoin Cash celebrated its second anniversary. For the most part, it has delivered upon its promises: Bitcoin Cash provides low fees and fast transactions, thereby...
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Private digital currencies to serve as ‘alternative’ rather than ‘replacement’, claims recent SSRN research

Considering the ongoing participation of government organizations in building private crypto assets, a recently published research paper details on the use of “private digital currencies” and its implications on the current society. Although Facebook’s Libra initiative witnessed a red flag from the U.S. government, numerous countries have begun experimenting with in-house options for evading the...
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Will banks inevitably control the cryptocurrency market?

Central and commercial banks are the top dogs of the world’s largest market by trading volume—the $5-trillion-a-day foreign exchange (FX) market. A closer look at the balance of power in this global industry reveals how banks could manipulate, and even dominate, cryptocurrency in an unregulated market. Central banks: the power brokers of currency Central banks...
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Bitcoin Dominance Falters at Last; Can the Altcoin Run Continue?

Today was a weird day for the crypto markets. For the first time in seeming months, altcoins dramatically outperformed Bitcoin — managing to gain multiple percent on the market leader.While Bitcoin has gained 2.5% over the past 24 hours, leading altcoins, including everything from Ethereum and EOS to Monero and Chainlink, have rallied higher by some...
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What is Bitcoin? The Ultimate Guide for Beginners

Bitcoin is the original cryptocurrency released in 2009 as open-source software. It is a digital currency predicated on cryptographically secure transactions, a proof-of-work consensus model, and a decentralized, P2P distributed ledger network. Bitcoin’s distributed ledger is the first blockchain — a shared and distributed timestamped ledger of data blocks connected through a chain of cryptographic...
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Crypto and the Latency Arms Race: Towards Speed Bumps and OTC Trading

Max Boonen is founder and CEO of crypto trading firm B2C2. This post is the first in a series of three that looks at high-frequency trading in the context of the evolution of crypto markets. Opinions expressed within are his own and do not reflect those of CoinDesk.  The following article originally appeared in Institutional Crypto by CoinDesk, a...
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Crypto Exchange Binance.US to Launch ‘in the Coming Weeks’

Major cryptocurrency exchange Binance’s United States-based branch Binance.US will launch in the coming weeks, preceded by Know Your Customer (KYC) registration a few days earlier. According to a Medium post published by Binance.US on Sept. 6, while the launch of the trading platform itself is expected in the following weeks, KYC onboarding will start a...
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Cardano’s Potential in the Real World

Source: iStock/Kameleon007 Juan Villaverde is an econometrician and mathematician devoted to the analysis of cryptocurrencies since 2012. He leads the Weiss Ratings team of analysts and computer programmers who created Weiss cryptocurrency ratings._____ If Aesop’s classic tale of the Tortoise and the Hare were applied to crypto, Cardano (ADA) would be the former; Bitcoin (BTC)...
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Coinbase and Ripple dropped from LinkedIn’s list of trending firms; XRP enthusiast proclaims altcoin will navigate beyond $200 by 2020

LinkedIn has a rather interesting list titled “The 50 hottest U.S. companies to work for”. Both Coinbase and Ripple were featured on this list. Now, these startups have subsequently disappeared from the top 10 catalogue. The duo declined by more than 20 ranks in the span of a year [Current class: Ripple- #28, Coinbase- #29]....
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Bitcoin Price Analysis: Can This 4-Hour Bear Flag Send Bitcoin Down To Re-Test $10,000?

In the last analysis, we had mentioned the crucial descending trend-line, marked with yellow on the following daily chart. This line is ‘preventing’ Bitcoin from discovering new highs since June 26, when Bitcoin reached $13,880 as the 2019 high. The resisting line was tested for the fourth time, and as it seemed like a breakout...
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Litecoin {LTC} outperforms Bitcoin {BTC}; brings in hope for altcoin HODLers

Litecoin is ranked at #5 in the market to the south of Bitcoin Cash. The trading volume recorded is $2.978 billion, whereas the supply has 63,206,899 LTC coins involved. The total market cap of Litecoin is $4.471 billion as of this moment. The price surged at a rate of 8.70% in the course of the...
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Crypto Market Update: Focus on BTC, ETH, LTC, EOS, ADA, TRX, DASH, ATOM

This article provides a quick overview of how the crypto markets have been doing—with the focus on Bitcoin (BTC), Ether (ETH), Litecoin (LTC), EOS, Cardano (ADA), TRON (TRX), Dash (DASH), and Cosmos (ATOM)—over the past 24-hour period. Overall, September 8th is proving to be quite a good day for the crypto, with only 13 of the top...
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