October 10, 2019

Facebook’s Libra Already Forked To A StableCoin

Facebook’s Libra project is always under scrutiny. Recently, Paypal revoked its support from the Libra project. The latest update is that Libra is being forked into a stablecoin “OpenLibra”. Lucas Geiger, co-founder of Wireline said OpenLibra will be a permissionless fork of Libra. As per Lucas, OpenLibra will address the Libra’s potential flaws. The core...
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Binance Will Support WeChat And Alipay For Bitcoin Purchases

Photo: Coinspeaker Recently, Binance has announced that they will add two more fiat-to-crypto gateways, hence WeChat and Alipay. With this move, citizens of China now will be able to purchase Bitcoin, with these two payment options. Changpeng Zhao, the CEO of Binance, confirmed this news on his Twitter account: YES https://t.co/dnHKQSLvS4 — CZ Binance (@cz_binance)...
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Poll: Cryptocurrencies: Hot or Not?!?!?!

Which cryptocurrencies do you believe are worth investing in? Bitcoin Tell us what you think: Ethereum Tell us what you think: XRP Tell us what you think: Bitcoin Cash Tell us what you think: Litecoin Tell us what you think: EOS Tell us what you think: Other: Add in comments Tell us what you think:...
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All that Glitters Is Not Gold

Harald Seiz, CEO of Karatbars. Photo: Karatbars GmbH / Twitter Money isn’t everything but it sure as darn hell makes misery a lot easier to bear. Feed that crap to someone else. Per Wikipedia, a Ponzi scheme is a form of fraud which lures investors and pays profits to earlier investors by using funds obtained from...
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How RIFT Protocol Outperforms Sharding

While scalability still remains one of the main blockchain issues, RIFT technology is claimed to have the potential to completely solve it. Bitcoin and Ethereum fall short of their goals as cryptocurrency networks when assessed from a scalability perspective. For blockchain developers, scalability tops the list of considerations that must be made. In recent months,...
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On-chain as the Future of Data Storage

As the blockchain finds its way into more and more industries, it couldn’t have passed by data storage. This technology suits perfectly for storing small amounts of data – like hashes and transactions – and ensures its transparency and immutability. Encryption and personal keys protect the information, and timestamps can be useful if we need...
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Samsung Working With Ripple Partner, Finablr, on International Payments

Samsung Pay now has an international remittance feature, utilizing a platform owned by Finablr, a London-listed Ripple partner. Branded as Money Transfer, the service is currently available only in the United States – with the exception of Oklahoma – and will be rolled out to other countries next year. In an announcement dated Oct. 3,...
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IOTA and Dell has accepted the challenge put forth by the Industrial Internet Consortium [IIC]

A smart building challenge was been created under the guidance of the IIC i.e. the Industrial Internet Consortium. Smart complexes and apartments are the key goals for this initiative as the governing body hunts for reliable organizations within the IoT alliance. This news was first broken by Ledger Insights. The participation of the IOTA Foundation...
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What is Behind Bitcoin’s Rally to $8,600? Where is it Headed Next?

After a precipitous Bitcoin price drop to $7,800 — a level which analysts have said will make or break the cryptocurrency bull run — on the weekend, investors were running scared. There were many prominent traders calling for $6,500. But at the 11th hour, when all seemed lost, bulls stepped in. Since Monday, the leading...
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Bitcoin’s late-September drop, altseason cameo couldn’t save the Quarter

In the long-run, Bitcoin still looks better. Bitcoin is still reeling from the late-September crash that pulled its price down to the four-figure range. After a magnificent run in the second quarter of the year, peaking with Bitcoin soaring above $13,800, the following quarter failed to meet the same standards. In what began with Bakkt...
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IRS Issues New Crypto Tax Guidance After 5 Years – Experts Weigh In

The U.S. Internal Revenue Service (IRS) has issued long-awaited guidance on the tax treatment of cryptocurrencies. It is generally described by the crypto community as a mixed bag since some parts are useful while others have raised many more questions, particularly how cryptocurrencies from hard forks and airdrops are taxed. Also read: 10 Tax Tools...
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“Bitcoin is transparent”, Says A Crypto Influencer

Crypto Industry is never silent. Wednesday, 9th October 2019 was such a day. Crypto influencer, A Pomp tweeted ” Bitcoin is the most transparent currency ever created”. The crypto industry was quick to comment on and express their views on the said transparency. Some were there to accept the claim outright, while others were skeptical...
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Bitcoin (BTC) Shows Signs of Important Reversal, $8.8K Next?

Bitcoin price is up more than 5% and it broke the key $8,500 resistance against the US Dollar.The price is currently consolidating gains above the $8,500 and $8,400 support levels.There is a short term breakout pattern forming with support near $8,540 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price is...
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Breaking New Ground, How AMFEIX is Reshaping Global Investment Funds.

The cryptocurrency market continues to carry over the bearish trend from the past year, while showing some signs of recovery, now and then. The recent price trends haven’t helped much in building the investors’ confidence, which is a need of the hour at this time. However, these conditions prevailing conditions don’t mean that there is...
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7 Ethereum Projects Are Getting $175,000 in Grants From ConsenSys

news Venture studio Consensys is giving $175,000 to seven different open source software projects on the ethereum network. Announced on Oct. 10, these projects include a forward-looking ethereum software client called Lighthouse, an oracle network for off-chain data called Tellor, as well as, a mobile decentralized app builder called Alice, among others. About the new...
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SEC Rejects Bitcoin ETF Proposal by Bitwise

The proposal by Bitwise Asset Management and NYSE Arca regarding Bitcoin ETF has hit a deadlock after The United States Securities and Exchange Commission (SEC) rejected it. The decision by the SEC comes after a series of delays since January, when Bitwise filed the proposal for a rule change. In a detailed, 112-page document from...
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Chainlink (LINK) Price Strong at $2.70 Amid Positive News Cycle

While a majority of altcoins have been faring well over the past week, there has been one crypto asset that has exceeded the expectations of many: Chainlink (LINK). Over the past 10 days, the community-favorite cryptocurrency has gained 50% against the U.S. dollar, surging to $3.10 apiece at the local peak. As of the time...
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How to Buy Bitcoin With PayPal: Complete Beginner’s Guide

The act of purchasing bitcoin has become more and more convenient over the course of recent years, with a plethora of payment options popping up here and there. There is no surprise there; after all, investing in bitcoins has shown to be a very appealing and profitable endeavor. A lot of users would like to...
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Libra Association’s Head of Product Spent Just Five Months in the Role

Simon Morris, the head of product at the Libra Association, has left the project within five months of joining, according to his LinkedIn profile accessed on Oct. 9. The Switzerland-registered Libra Association is a not-for-profit membership organization established to govern the network for Facebook’s planned stablecoin. A BitTorrent veteran and fleeting Libra contributor Morris’s LinkedIn...
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Poll: Best Cryptocurrencies

Which is the primary cryptocurrency you are interested in for investment? Bitcoin Litecoin XRP This post was created with our nice and easy submission form. Create your post! The post appeared first on BTC Ethereum Crypto
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Are Electro Optic Systems and Altium Share Prices Good For Growth?

About Growth Stocks Growth stocks are the stocks of those company that are assumed to have bright future. These companies are expected to register growth at a rate that is significantly more than the average reported by the market in which it operates. From the investors’ point of view, they are attracted to growth companies...
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Ripple Extends Banking Network With Finastra Partnership

October 10, 2019 41 Views Payment network Ripple announced Wednesday its collaboration with fintech frim Finastra. Using Ripple’s blockchain-based platform, Finastra users can now connect with the 200 partners on RippleNet, a global payments network utilizing the XRP cryptocurrency. RippleNet users also have access to Finastra’s banking partnerships, which settle millions in transactions per year, the...
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Crypto Market And Bitcoin Primed For Gains: BNB, BCH, LTC, EOS Analysis

The total crypto market cap broke the key $220.0B resistance to move into a positive zone.Bitcoin price is now trading nicely above the main $8,500 resistance area.Litecoin (LTC) price is still facing a strong resistance near the $60.00 level.BCH price is testing the $235 area and is facing a major barrier near the $240 level.EOS...
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“Bank for Banks” Working On Prototype Crypto Asset

BIS & SNB Working On Crypto Announced in a document published Tuesday, the Swiss National Bank and the Bank for International Settlements, the so-called “Bank for Banks”, are looking to begin work on a blockchain-based crypto asset. The document stated: “[It] will examine the integration of digital central bank money into a distributed ledger technology...
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Bitwise hails SEC’s detailed analysis as regulator shoots down Bitcoin ETF

The Bitcoin ETF was a dream. Bitwise Asset Management’s application to list a Bitcoin Exchange Traded Fund [ETF] has been rejected by the United States Securities and Exchange Commission [SEC] on the grounds that such a fund would lead to “manipulative acts and practices.” According to the 112-page document published on 9 October, the apex...
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Ripple Price (XRP) Correcting Gains: BTC And ETH Rally

Ripple price is currently correcting gains after setting a new weekly high at $0.2872 against the US dollar.The price is trading below the $0.2800 level and it might correct towards the $0.2720 support.There was a break below a connecting bullish trend line with support near $0.2775 on the hourly chart of the XRP/USD pair (data...
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US SEC Rejects Bitwise Bitcoin ETF Proposal

The United States SEC has rejected a proposal for a Bitcoin ETF from Bitwise Asset Management and NYSE Arca. The United States Securities and Exchange Commission (SEC) has rejected a proposal to list a Bitcoin (BTC) exchange-traded fund (ETF). In an announcement on Oct. 9, the Commission stated that the ETF filing from Bitwise Asset Management and...
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Bitcoin Price Rallies to Touch $8,600 While Altcoins Follow

Bitcoin has rallied to touch $8,600, while major altcoins follow in its wake; Chainlink is seeing daily gains of almost 14%. Wednesday, Oct. 9 — Bitcoin (BTC) continues its rebound, jumping $400 in a few hours, while altcoins rally in sync with BTC. Cryptocurrency market daily overview. Source: Coin360 The world’s most popular crypto coin...
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Crypto Debit Card Firm Cryptopay Launches UK Bank Transfers With British Pound

Crypto wallet and debit card service company Cryptopay now offers transfers with the British pound through the Faster Payments Scheme. Crypto wallet and debit card service company Cryptopay now offers transfers with the British pound (GBP) through the Faster Payments Scheme. Cryptopay revealed the development in a news release with Cointelegraph on Oct. 9, specifying...
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Chinese Bitcoin Miners Migrate North After Wet Season

A China-based crypto news outlet recently published a comprehensive report on the costs associated with building a digital currency mining farm in China. Additionally, the local publication revealed that Chinese miners are starting to migrate north to access cheap thermal power and wind power after the wet season in Sichuan. Also read: RBI Ban Stops...
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