September 15, 2019

Bitcoin Price Hits $12,000 on Kraken Following Order Matching Glitch

Crypto trading service Kraken has revealed the reason for the abnormal Bitcoin price on its platform was due to an order matching bug. Abnormal Bitcoin Price Spread on Kraken On Saturday (September 13, 2019), the XBT/USD trading pair on Kraken experienced a $2,000 takeaway in both directions. 1/3 Yesterday a test of an unreleased advanced...
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Fintech Investment Platform BnkToTheFuture To Roll Out Security Token Offering (STO) For Startups

Demand for security token offerings (STOs) is growing in the crypto industry, and many leading platforms are taking steps to provide this form of the token sale to their clients. STOs have been created to enable crypto platforms to become compliant with regulations in many countries. BnkToTheFuture, a fundraising platform for crypto and blockchain based...
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Nick Szabo, ‘Libra is a Cryptocurrency in the Same Way That a Doll is a Baby’

Facebook’s Libra Coin has been all over the news the past few months as more tech giants invest in the network. However, many people in the cryptocurrency community are skeptical about the new stable coin, saying that Libra doesn’t have the properties that made Bitcoin what it is today. Issues with Centralization As many people...
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Bitcoin bought at $8k and sold at $12k on Kraken due to order book bug

Kraken exchange was testing an unreleased advanced order type on 14 September, which encountered a bug resulting in the order’s prices being matched against the wrong side of the book. This allowed traders to buy BTC at $8k and sell it for $12k without clearing the intervening liquidity. On their official Twitter handle, the exchange...
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Eos Focused Equity Management L.P. Acquires 20,407 Shares of GCP Applied Technologies Inc (NYSE:GCP)

Eos Focused Equity Management L.P. raised its holdings in shares of GCP Applied Technologies Inc (NYSE:GCP) by 25.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 100,129 shares of the construction company’s stock after buying an additional 20,407 shares...
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Bitcoin ATM Network Coinme Raises New Funding From Xpring

The most dominant cryptocurrency and the aggregated crypto markets have been facing a period of consolidation after they posted a decent sized rally earlier this week. It seems that Bitcoin inches a bit lower every day, even though the target at $10,800 remains. This target is also BTC‘s main level of resistance. According to one...
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eToro Reveals New Programming Language For Easier Derivatives Trading

Bitcoin bulls target a new goal to the $10,800 price level after facing a sudden influx of selling pressure yesterday but they managed to defend its position as we are about to read more in the coming altcoin news below. Assuming that the levels are broken, it is possible that the bitcoin bulls target the...
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Bitcoin Bulls Target $10,800 As The Price Pushes Higher

Bitcoin bulls target a new goal to the $10,800 price level after facing a sudden influx of selling pressure yesterday but they managed to defend its position as we are about to read more in the coming altcoin news below. Assuming that the levels are broken, it is possible that the bitcoin bulls target the...
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Jed McCaleb now has over 25 million XRP coins in his custody; price finally manages to scale beyond $0.26

XRP is ranked at #3 in the market beneath Ethereum as well as Bitcoin. The price jumped up at a rate of 2.44% in the course of the past 24-hours. The trading volume recorded stands at $1.054 billion, while the supply has 43,024,433,511 XRP coins involved in circulation. The total market cap of XRP is...
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Cardano Records 0.5% Dip Since Yesterday Dropping to $0.044

Cardano’s CEO Hoskinson describes ADA as 100 times more decentralized than BTC ADA may trade around $0.046 in the next 2 days If the CEO of Cardano has to be believed, ADA is 100 times more decentralized than BTC which makes it much more reliable, self-sustaining and long-lasting platform. The crypto has got good reviews...
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Vitalik Buterin in Ethereal: This Is How I Eliminate Scams In ICOs

The Ethereal Summit is currently taking place in Tel Aviv, Israel. One of the more interesting panels was that of Ethereum’s co-founder, Vitalik Buterin. Titled “Q&A On Ethereum 2.0 With Vitalik,” the discussion revolved around plenty of things concerning the future of the network, including scalability solutions.  Discussing one of the hottest trends in the...
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Ethereum Network Demand Skyrockets, But What About The Price?

The price of the biggest altcoin is featured in our coming altcoin news section today. As reports show, the Ethereum price is bound to continue surging. In the past few sessions, the ETH price remained well bid above the $170 support line against the US dollar. Still, it was the Bitcoin price which moved the...
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Facebook’s Libra to meet with global regulators on Monday

Facebook’s popularity among masses drove it to venture into crypto ecosystem, releasing the whitepaper of Libra. But the project has faced my bumps since its very announcement. Before the project could even take off, it faced backlash from policymakers from across the globe citing privacy concerns looming over Facebook. Libra representatives might get a chance...
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High Inflation Figures Explain Why ‘’Bitcoin Is King’’ Above Others

The most dominant cryptocurrency and the aggregated crypto markets have been facing a period of consolidation after they posted a decent sized rally earlier this week. It seems that Bitcoin inches a bit lower every day, even though the target at $10,800 remains. This target is also BTC‘s main level of resistance. According to one...
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German Gov’t Speaks Against Approval of Facebook’s Libra in Europe

The government of Germany has spoken against the authorization of the development of Facebook’s forthcoming Libra stablecoin in the European Union. As German weekly news magazine Spiegel reported on Sept. 13, the Christian Democratic Union (CDU) parliamentarian Thomas Heilmann — who is responsible for the blockchain policy of the CDU and Christian Social Union in...
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Kaleido Blockchain Implements QEDIT’s Zero-Knowledge Proof Solution

Enterprise blockchain startup Kaleido, a part of ConsenSys’s venture studio, became the first to implement crypto privacy firm QEDIT’s zero-knowledge proof solution. An optional feature QEDIT claims in a press release shared with Cointelegraph on Sept. 15 that this partnership with Kaleido will enable its private asset transfer feature as an off-the-shelf option for businesses...
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eToro Aims to Put Derivatives on the Blockchain With Lira Programming Language

eToro, an Israel-based exchange platform, revealed a new programming language designed to simplify derivatives trading. Speaking ahead of the Ethereal Summit Tel Aviv 2019, on Sunday, chief blockchain specialist Omri Ross said the language, dubbed Lira, will reduce the risks involved in settling financial contracts and enable the creation of new derivative products from assets...
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Bitcoin (BTC) Price Weekly Forecast: Slow And Steady Increase Likely

There was a downside correction from the $10,954 swing high in bitcoin price against the US Dollar.The price is holding the $10,000 support and it could bounce back in the near term.There is a major bullish trend line forming with support near $10,140 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).The...
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US Treasury Claims North Korean Weapons Program Is Funded By Crypto’s From Hacking Group Lazarus

The U.S. Treasury Department said Friday that North Korean state-sponsored hacking groups attacked critical infrastructure, drawing illicit funds that ultimately funded the country’s weapons and missile programs. Sigal Mandelker, Treasury Under Secretary for Terrorism and Financial Intelligence, states: “Treasury is taking action against North Korean hacking groups that have been perpetrating cyberattacks to support illicit...
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Record Bitcoin Trade in Venezuela as Top Bank Launches Petro Services – CCN.com

Venezuelan President Nicolas Maduro is pushing for Petro adoption, but locals are buying bitcoin in record amounts. | Image: Shutterstock The largest bank in Venezuela, the state-owned Bank of Venezuela, appears to have launched services to facilitate transactions in the country’s state-issued oil-backed virtual currency, the Petro. According to Decrypt, Bank of Venezuela customers have...
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