September 12, 2019

Bitcoin used to purchase British painter’s art collection

According to reports, British painter Lincoln Townley has sold 19 paintings for a staggering 490 BTC ($4.97 million) to an undisclosed Singaporean art investor. According to Townley, all the works in his Greed collection were bought through an agent based in Gstaad, Switzerland, a month before they were to go on display at a Saatchi...
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Bitcoin’s Next Bull Run May Be Sparked By S&P 500 Uptrend, Claims Analyst

Bitcoin (BTC) has been facing a long bout of consolidation ever since it was rejected at its 2019 highs of $13,800 earlier this summer. Simultaneously, the equities markets have also faced a period of consolidation throughout 2019, after trade tensions and global political instability slowed the market’s meteoric ascent.It is important to note that one...
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What is the Ballet Hardware Wallet?

In the cryptocurrency world, there are multiple ways to keep funds secure. The best way to do so is by using a hardware wallet. Although several offerings exist already, it seems Ballet can be added to this list moving forward. It is a new venture by Bobby Lee, the former CEO of BTCC, one of...
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Bitcoin, Ethereum and Litecoin Price Analysis and Prediction for September 12th 2019: BTC, ETH, and LTC

Cryptocurrency markets are off to a slow start today with most cryptocurrencies only registering a single digit percent change in the past 24 hours. It’s nearing the end of the week and we haven’t seen anything too exciting this week. Let’s take a look at our favorite cryptocurrencies and see if the charts tell us...
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Hybrid AI Firm Cindicator Launches Tracking App for 150 Digital Assets

Hybrid intelligence firm Cindicator launched Edge, a new web app for receiving and tracking indicators for over 150 digital assets. Estimating probability in the market According to a blog post on Sept. 11, the new product called Cindicator Edge targets holders of Cindicator (CND) tokens and is available on free demo basis. Cindicator Edge’s indicators...
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Huobi releases “Acute Angle” an Android-based blockchain phone in China

With the launch of their native token NODE on September 11th, Huobi has also launched their first blockchain phone, Acute Angle. First information about the phone were published in a press release earlier this week. Huobi Global and Huobi Capital worked together on the 6th Huobi Prime trading event, which included the phone and native...
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Cryptocurrency Market in Uncertain Times, Claims Report

A monthly report published by exchange platform SFOX (San Francisco Open Exchange) identifies an air of uncertainty within the industry about cryptocurrency’s place in the future of finance. With both bullish and bearish news events occurring over the last month, the price still appears to be in limbo around the $10,000 mark.Conflicting Signals Leave Cryptocurrency...
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Litecoin Could Soon See Another Leg Up After Bounce Off Bottom – Price Analysis

/latest/2019/09/litecoin-could-soon-see-another-leg-up-after-bounce-off-bottom-price-analysis/ With Bitcoin (BTC) about as exciting as drying paint this week, some high-cap altcoins are seeing a bit of movement in the past days with Litecoin (LTC) being one of them. We start on the 12-hour chart, and we can see that what had looked like a failed breakout from a falling wedge in...
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France Finance Minister Intends to Block Facebooks Libra Cryptocurrency in Europe

The French Finance Minister has vehemently stated that Facebook’s cryptocurrency, Libra, would not be given a chance to develop on European soil. According to a report by RT on September 12, 2019, Facebook’s cryptocurrency is risky for the European market.  Libra is a Threat to Sovereign Currencies Bruno Le Maire, French Minister of Economy and...
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Tether facilitates $417k worth of transactions on ETH network as USDT continues to clog Ethereum

A Redditor recently complained about pending transactions on the blockchain by stating that the pending period was past 10 hours and at press time, all the fingers were pointed toward Tether for network congestion. As reported earlier, Ethereum’s blockchain was suffering from a case of network saturation. The blocks were adding up and Vitalik Buterin...
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With ETH 2.0 To Be Launched Soon, Where’s Ethereum Classic At

Ethereum has big plans to address scaling issues, a transition to Proof-of-Stake, and essentially upgrade to ETH 2.0. Meanwhile, the often-overlooked Ethereum Classic appears to have big plans of its own, like perhaps taking over from ETH 1.0. Some have even suggested that this was the plan from the start. From The Domain Of Ethereum...
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Endless Dice dApp Review – Why Is It the #1 Most Popular Gambling dApp?

Price Product Design Endless Dice is a gambling dApp based on the EOS blockchain that features a simple dice game. Dice games have been popular in the cryptocurrency community because of the simplicity of the game and its transparency. Turning a crypto dice game into a dApp is the next logical step in taking advantage...
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Russian Lawyers Claim 200,000 BTC Lost in Mt. Gox Can Be Recovered

Russian law firm Zheleznikov and Partners proposed legal action in Russia that should enable its lawyers to recover up to 200,000 Bitcoin (BTC) lost in the Mt. Gox fiasco. Recover losses on behalf of Mt. Gox victims On Sept. 12 in a Q&A with Andy Pag, a former BBC journalist, the Moscow law firm outlined...
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Prominent Analyst: Bitcoin May Have Established Mid-Term Bottom

Bitcoin has incurred some upwards momentum today after facing growing selling pressure around $10,000. BTC’s ability to hold above this price level may be a bullish sign, as it signals that bears do not currently have enough strength to send the crypto back to its next major support level in the lower-$9,000 region.This bullish response...
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Binance X’s head Teck Chia reveals that Venus is still in its experimental stage

Irrespective of entering the crypto space only in 2017,  Malta-based crypto exchange Binance has witnessed an array of developments. From the launch of its in-house token BNB to the recent announcement of Venus, a blockchain for fiat-backed stablecoins, Changpeng Zhao has accelerated the exchange’s popularity. Recently, in an aim to bolster the mass adoption of...
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‘We Are the Most Interested Party’ in XRP’s Success

Ripple’s CEO Brad Garlinghouse rejects accusations that his company manipulates XRP price in an interview today with CNN anchor Julia Chatterley.  On Sept. 12, CNN’s Julia Chatterley started the interview with Ripple’s CEO Brad Garlinghouse by saying that CNN has been looking at ways cryptocurrencies can be a force for good, before progressing to discussion...
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Facebook requests Swiss FINMA license regulatory pushback

The Libra Association announced that it will pursue a payment system license under the Swiss Financial Market Supervisory Authority’s (FINMA) supervision. The group, which oversees Facebook’s controversial cryptocurrency, chose Switzerland as its main regulator despite scrutiny from U.S. lawmakers. Libra continues its push to be regulated by Swiss authorities One of the most highly contested...
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Five Countries With Most Number of Crypto Exchanges

The UK is the world’s leader for registered crypto exchanges, with 43 market operators, shows research by CrystalBlockchain. A mix of favorable regulations and a concentration of wealth builds the rest of the list, forming several curious hotspots of cryptocurrency activity. Liberal Crypto Regulations and Capital UK: The United Kingdom hosts 43 market operators, offering...
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Creating the Animated Series “Bitcoin & Friends” With Robert Allen

In this episode, the guys talk about the latest Bitcoin headlines (including responses to the FATF recommended crypto “travel rule,” Bitmain’s latest Antminer 17 getting SOLD OUT in minutes and the NFL left tackle who’s trying to get paid in Bitcoin) then interview Robert Allen, executive producer of the animated adult web series, “Bitcoin &...
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Crypto Wallet Keys Could Be Stolen Due To Weak Intel Chips

Cryptography is all about security. The notion of having a public and private crypto wallet key and multiple hashes adds to those layers of security but at the bottom of it all is a computer processing all of the data. Researchers have now revealed flaws in certain Intel server chips that may allow secure keystrokes...
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Bitcoin Scores in Premier League, Why Watford Shirt Deal is Important

As part of a sponsorship deal, the kits of the UK Premier League football club Watford FC will now be adorned with the iconic Bitcoin “B” logo. The announcement comes following a three-year partnership between the team and Bitcoin sports betting platform Sportsbet.io.The company claims the move is part of a public awareness campaign. The...
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Watford FC Will Depict a Bitcoin Logo on Shirt Sleeves During the 2019/20 Season

Bitcoin continues to make headlines, although not always for the right reasons. Even in 2019, it is evident that cryptocurrency has to overcome many hurdles and stigmas. In the Premier League, England’s premier soccer league, Bitcoin will be gaining a lot of exposure. The Watford FC team has confirmed the Bitcoin logo will appear on...
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PwC Crypto Hedge Fund Report Finds Strong Appetite From American Investors

Auditing powerhouse PwC recently released a report on the 2018 performance of crypto hedge funds. Given the prolonged bear market that characterized the calendar year, it’s no surprise that many funds struggled. But the report did point to an unexpected conclusion: investor appetite for cryptocurrencies seems to be increasing, especially in the United States. Researchers...
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CME Seeks to Double Monthly Bitcoin Futures Trading Limit to 10K BTC

The Chicago Mercantile Exchange (CME Group) wants to let futures traders make even bigger bets on bitcoin. CME announced its intention to increase in the so-called spot month position limit for its bitcoin futures contracts in a letter to the U.S. Commodity Futures Trading Commission (CFTC) Thursday. The limit would jump from 1,000 contracts per...
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Bitcoin Won’t Make New Highs Until S&P 500 Does: Fundstrat

Bitcoin might have outperformed the S&P 500 index on a year-to-date scale, but the cryptocurrency would need to rely on the US equity benchmark to establish its all-time high, according to Thomas Lee of New York-based Fundstrat Global Advisors.The co-founder on Thursday discussed the similarities between the trends of bitcoin and S&P 500 over the...
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EXPLAINER: Why is my Ethereum transaction taking so long?

If you’ve noticed a dramatic slowdown in the Ethereum network, you’re not alone. Here’s why it’s happening – and why it’s about to get a whole lot worse. The Ethereum network has become so jammed up lately that many transactions are taking hours – with occasional ones even taking days. The network has been hovering...
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BNY Mellon Appointed as transfer agent & administrator for Bitwise’s Bitcoin ETF

BNY Mellon has been authorized to be the transfer agent and administrator of Bitwise Asset Management’s proposed Bitcoin exchange-traded fund. As of December 2018, the New York-based bank had over $33 trillion in assets under custody and has been involved in cryptocurrency and blockchain before. According to Tom Casteleyn, BNY Mellon’s global head of custody...
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Major Coins Report Mixed Signals, ETC Sees Modest Gains Following Har Fork

Cryptocurrency markets have seen mixed signals, with most top coins trading sideways
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Why Bitcoin? Part 2: Bitcoin Versus Gold

In this series on Bitcoin and money, Crypto Briefing takes a deep dive into the complexities of the modern monetary system and how Bitcoin, as the ultimate hard money, can serve as a solution to many of its problems. In Part Two of the series we examine the classic comparison between Bitcoin and gold. The...
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Santander launches first end-to-end blockchain bond; to issue $20 million on Ethereum’s blockchain

Banco Santander, a commercial bank in Spain announced launch of the first end-to-end blockchain bond of $20 million issued directly on the Ethereum blockchain. The bank revealed in a press release that the bond would exist only on the Ethereum blockchain. Even though the bank itself is the issuer of the bond, the purchase of...
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