September 23, 2019

Bitcoin Market Falls Sharply As Litecoin Suddenly Crashes

<div innerhtml=" Bitcoin and cryptocurrency market watchers were on high alert today as the eagerly-anticipated Bakkt crypto platform went live. The bitcoin price failed to perform, however, with bitcoin losing around 2% of its value since Bakkt began trading its "physically" settled bitcoin futures contracts, with some $8 billion wiped from the wider cryptocurrency market...
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Binance Coin Price Analysis and Prediction for September 24th – Can BNB Bounce Off Current Support?

Not a great start for cryptocurrencies this week as most markets are down. Litecoin is leading the bear train with a 7% loss, while the rest of the top 10 cryptos are bleeding as well. BNB is down over 4.37% continuing on its downward trajectory after peaking at $22.78 last week. Let’s take a look...
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SEC Charges Adult Entertainment Token Platform With 2017 ICO Fraud

The U.S. Securities Exchange Commission charged Jonathan Lucas, 27, the CEO of online adult entertainment marketplace, with running a fraudulent initial coin offering (ICO) scheme. According to the SEC’s lawsuit, the company claimed that investors could purchase its token and use them to request certain actions in a live adult performance on the platform. “Fantasy...
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IEO of BeatzCoin, 2nd highest ranked Tron SR, to be hosted on ProBit Exchange

BeatzCoin is currently the second highest ranked Super Representative (SR) out of the Top 27 SRs on the TRON blockchain. With more than 470 million frozen TRX in votes, representing over 5.5% of all votes in the SR-elections, BeatzCoin has been able to rise to this position primarily due to a wave of community support...
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Bakkt’s Long-Term Importance for Bitcoin Still Intact Despite Lackluster Launch

All eyes were closely watching to see how much utilization Bakkt’s physically settled Bitcoin futures platform was met with during its launch yesterday evening, but much to the chagrin of investors who believed that it would open with massive utilization stemming from institutional investors who are interested in crypto, its Bitcoin trading volume was and...
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Major Coins Trading Sideways, Bitcoin Deepens Under $10,000

Monday, Sept. 23 — Major cryptocurrency markets are reporting mixed signals, with Bitcoin (BTC) being slightly bearish following the launch of Bakkt’s physically delivered Bitcoin futures. Market visualization. Source: Coin360 The leading digital currency Bitcoin is down 1.55% on the day to trade at about $9,813 at publishing time. During the day, BTC has been trading in...
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Lawsuit to abolish BitLicense moves to NY’s highest court

The latest update on BitLicense lawsuit filed by Theo Chino and his firm Chino Ltd. seeking to abolish BitLicense is that the case will move to the New York Court of Appeals, the state’s highest court. This lawsuit was filed against the New York State Department of Financial Services (NYDFS) by Theo Chino and his...
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Coinshares Urges Customers to Fight UK Regulator’s Ban on Crypto ETNs

Coinshares is urging its customers to fight a proposed ban on cryptocurrency ETNs by the United Kingdom’s Financial Conduct Authority
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$662K in Criminal Bitcoin to be Sold at UK Auction this Week

Authorities in the United Kingdom plan to auction $662,000 worth of Bitcoin seized from an online criminal. The nation’s police force will be working with the Irish auction house Wilsons Auctions to facilitate the sale.The auction is the first of its kind in the UK. Alongside the Bitcoin for sale will be various other crypto...
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Bakkt Futures Launch is a Bust and Bitcoin Drops Below $10,000

Despite being met with a lot of enthusiasm and hype, it appears the overall interest in Bakkt and its products is simply not there right now. Very weak trading volume over the first 24 hours shows investors and speculators simply aren’t waiting for this type of trading vehicle. As a result of this lackluster launch,...
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Bakkt Trades 71 Bitcoin Futures Contracts in First 24 Hours

Intercontinental Exchange’s (ICE) Bakkt platform has traded 71 Bitcoin (BTC) futures contracts in the first 24 hours following its launch on Sept. 22. According to ICE historical data on Bakkt’s Bitcoin/USD futures contract trading, the platform has traded 71 BTC at press time, with the last recorded trading price settling at $9,875 per Bitcoin. Bakkt...
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Bitcoin Caught in Consolidation Phase as Big Movement Nears

After finding some levels of support around $10,000 yesterday, Bitcoin’s bulls were unable to support its price above this level and BTC has now once again dropped into the upper-$9,000 region.Analysts are currently noting that it appears Bitcoin is currently caught within a consolidation phase, but it is highly improbable that this phase will extend...
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Bullish sentiment noted among Bitcoin miners; steams from scheduled halving next year

Bitcoin [BTC] hash rate recorded another landmark as it reached 102 quintillion hashes. Previously, Bitcoin’s hash rate made headlines after hitting a high of 74.5 million TH/s. At press time, king coin was priced at $9,965.04 with a transaction volume of $12.61 billion over 24-hours. In the mining process, the blocks are required to be...
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EOS Developer Block.one to Create 170 Jobs in Virginia with Its New Headquarters    

Block.one, the firm behind EOS, has located its US headquarters in Arlington County, Virginia. The project is expected to bring around 170 jobs over the course of three years. Virginia Governor Ralph Northam claims that Block.one will help to bolster the state’s reputation as one of the leaders in the fintech sector. Block.one maintains a...
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John McAfee: Bitcoin Custody To Become The Standard

Since Bitcoin came into being, we have a global decentralized digital cash system that can bypass the entire banking system. But like cash, it has its own set of risks. If you lose the keys to your coins, you lose the coins. Bitcoin investors know about it, but it scares new users and they’d rather...
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Will Second Life Get A Second Life? Five Virtual Lands on the Blockchain

When Second Life went live in 2003, it became a pioneer of virtual property. Players could buy their own land, customize it, and explore the world. Since then, Second Life has gone the way of MySpace—but now, several blockchain-based games are trying to breathe new life into the virtual world genre. This is an ambitious...
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CEO Explains Why Today’s Bakkt Launch is an “Important Milestone” for Bitcoin

The launch of the Bakkt platform might not have been accompanied by the fireworks in the Bitcoin market that some were expecting but the firm’s CEO is still confident in the positive impact it will have on the industry. Kelly Loeffler believes that Bakkt represents an “important step” for the industry.Many Bitcoin fans had hoped...
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Ethereum, XRP, and Litecoin prices show indecision in the market

Bakkt’s long-awaited Bitcoin futures contracts launch did not elicit the market reaction most traders were hoping for. Instead, Bitcoin continues consolidating without a clear sign of where it’s heading next while altcoins are giving mixed signals. The following technical analysis will focus on the different scenarios that could play out for Ethereum, XRP, and Litecoin....
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Binance.US’s liquidity is not related to Binance, and it may not be a good thing, claims Binance U.S. CEO Catherine Coley

As Binance.US makes headlines with its entry into the U.S. market, Catherine Coley, the company’s CEO featured on an online AMA to explain the business offering while clearing some confusion of existing crypto enthusiasts within the country. Coley started off the session by introducing Binance.US as “the trading platform you’ve been looking for.” The avid...
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Tron’s growing ecosystem highlighted in weekly report

Tron Foundation has been constantly focusing on the development of the ecosystem and the weekly report highlighted key areas of growth. The report revealed that the block height exceeded 12.87 million as total number of nodes stood at 1,093. The total number of Tron’s real-time accounts reached 3,664,926 with 33,576 new addresses added to the...
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How Big Of An Impact Is Bakkt Launch? CEO Kelly Loeffler Gives Three Reasons Why It Is a Big Deal

The crypto futures platform Bakkt, which is owned by the Intercontinental Exchange (ICE), has been finally launched. After a long series of delays, Bakkt’s CEO Kelly Loeffler commemorated the launch and explained why it was such an important event for the crypto industry. According to her, this is the first time in which the United...
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New Loopring based decentralized exchange Dolomite has launched

September 23, 2019 22 Views Dolomite, a new Loopring-based decentralized exchange (DEX) and a comprehensive portfolio manager that that can be managed directly from user wallets, has now launched. Features of Dolomite First major DEX launching on the Loopring Protocol. First DEX to natively integrate Wyre for fiat conversions. First DEX to offer negative maker fees. First of...
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Bottle Pay Raises $2M to Expand Lightning Network Tips Across the Web

Block Matrix, the company behind social media bitcoin tipping service Bottle Pay, just received a fresh round of funding. The company has come off of a $2 million seed funding round at a time when the Lightning Network, the second layer bitcoin payment network leveraged by Bottle Pay, continues to enjoy steady growth. A Bottle...
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Inverted Bitcoin Price Chart Is Bear Market Bottom Flipped Upside Down

During periods of times when assets consolidate and price action becomes exceptionally confusing, some crypto analysts will occasionally flip their Bitcoin price charts upside down in an to attempt to remove any preconceived bias from their technical analysis.The post appeared first on NewsBTC
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Price Analysis 23/09: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, ADA

Altcoins have dipped after the initial burst. Can they resume their up-move or will they break down once again? Let’s consult the charts
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Bitcoin Cash Acceptance and Community Growth Ramp Up

Bitcoin Cash (BCH) adoption continues this week as there’s been a slew of announcements associated with BCH acceptance and activism. For instance, a massive electronic billboard in the middle of Tokyo displayed a huge BCH symbol indicating that Japan’s largest luxury watch and jewelry shop, Gem Castle Yukizaki, now accepts bitcoin cash at all 15...
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Late Bloomer: Why Bakkt’s Slow Start Is No Surprise

Bakkt has finally opened its platform for physically-delivered Bitcoin futures, but the response has been underwhelming. Nearly a year after the owners of the New York Stock Exchange announced their foray into cryptocurrency, markets responded to the new institutional trading venue with another 1.8% price drop. First announced last August, the long-delayed launch “was an...
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LTC/USD is sitting just above critical support of a flag structure to the downside

Litecoin price on Monday is trading in positive territory by 0.70% in the second half of the session.  LTC/USD continues to move within a bearish flag structure, as the price sits just above the lower acting trend line.  Litecoin versus is peers is somewhat outperforming, as the market is generally trading in the red.  Spot...
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More than 60% of Ethereum nodes run in the cloud, mostly on Amazon Web Services

Blockchains like Ethereum‘s are often pitched as self-sovereign money networks that operate independently of states, financial institutions, and corporations — but recent research shows this might not be reality. As it turns out, it’s really centralized cloud services hosting most of the Ethereum network, with 61.6 percent of Ethereum ETH nodes running in the cloud. Uncomfortably, Amazon Web Services (AWS)...
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PBOC: China’s Digital Currency Not Launching in November

PBoC said that there is no planned launch date for their digital currency and declined that there’s a list of member institutions coming together for it. The People’s Bank of China (PBoC) announced that the long-awaited central bank-issued digital currency will not be ready in November as it had been predicted in crypto circles. From...
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