November 6, 2019

Be careful what you wish for: the first Cardano copycat emerges

The Cardano Foundation, an independent entity dedicated to promoting the Cardano project, warned the community about a copycat that was infringing on the company’s trademark. The copycat cryptocurrency is called Cardano Gold and is currently in the midst of a crowd sale. Users beware: a Cardano copycat has emerged “We’ll know we made it when...
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Can Microsoft’s New Platform Help The Ethereum Price To Surge?

Microsoft recently launched a new platform for self-issuance of Ethereum based tokens. The question now about ETH’s price and its surge remains: Can Microsoft’s new platform, boost the price? Let’s find out in the Ethereum news today. There has been a lot of FUD around Ethereum these days because of the very sluggish market in...
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XRP May Target $0.45 in Near-Term Despite Falling Below $0.30

After a brief period of trading above its long-established resistance level at $0.30, XRP has once again fallen back into the upper-$0.20 region, which may mean that it is in for an extended bout of sideways trading.Analysts are still optimistic, however, that the cryptocurrency could see further gains in the near-term, with one analyst setting...
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eToro Plans to Acquire a Crypto Portfolio Tracking Provider

Acquisitions in the financial sector are very common. Cryptocurrency users may want to take note of eToro acquiring Delta, the cryptocurrency portfolio tracking application. eToro is a well-established name in the financial world. The company prioritizes multi-asset investment solutions. This ranges anywhere from stock trading to buying and selling various cryptocurrencies. It now appears the...
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Crypto Exchange Financial Regulations Are Coming In Hong Kong

The major tax agency in the United Kingdom, HMRC, has finally issued the cryptocurrency tax guidance for businesses, following its year-old promise. The UK regulator Her Majesty’s Revenue & Customs (HMRC) was in the cryptocurrency news last year when it clarified the situation for individual taxpayers, showing what separates utility tokens from security tokens.It now...
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Turkey Will Launch Its Own State-Backed Crypto Asset In 2021

The latest cryptocurrency news show that the most dominant coin out there, Bitcoin BTC is trending higher and rising to a 24-hour high of $9,310 on exchanges – right after it dipped as low as $9,080.In the coming altcoin updates, we can see that alternative currencies are also rising and forming support and resistance. The...
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You can build on XRP Ledger… general public is unaware: CoinField CTO

Recently, CTO and Co-founder of CoinField and Sologenic, Reza Bashash, appeared in an interview conducted by On The Chain podcast hosts, Jeff and Chip. During the interview, Bashash talked about his experience running the CoinField exchange and their future plans for Sologenic, a platform that aims to merge traditional financial markets with cryptocurrency markets on...
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Kim Dotcom Token Sale Postponed Over ‘Regulatory Uncertainty’

In 2017, Kim Dotcom, the founder of the now-defunct file hosting service Megaupload, revealed a similar service called K.im that planned to give anyone the ability to upload files, documents, code, videos, and music files and get paid in crypto for their work. Since then, Dotcom’s team disclosed there would be an exchange sale for...
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Tezos Will Expand Into Asian Markets After Getting Listed On OKEx

The largest crypto exchange in the world, OKEx, is in the Tezos news now for listing the XTZ token. Tezos (XTZ) is an open source platform for assets and applications which is backed by a community of builders, researchers and validators.As data from Cryptoispy shows, Tezos is the 21st most popular cryptocurrency and has a total...
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Bitcoin Mining Bandits Arrested in Malaysia

Malaysian authorities have arrested five individuals in connection with the robbery of 85 Bitcoin mining units. The machines were taken from a shop in the town of Seremban on October 29.The units themselves were valued at around $10,000. Those behind the robbery are thought to have stolen the machines to deploy them themselves.Five Arrested in...
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Too Many Crypto Assets Exist: Ripple CEO Brad Garlinghouse

Too many crypto assets exist in the crypto space according to the CEO of Ripple Brad Garlinghouse. Though volatility will likely continue, there will be bullish trends visible for the entire crypto market as he stated so let’s find out more about his opinions in the Ripple cryptocurrency news. Brad Garlinghouse was in an interview...
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Was a Lone Whale Really Behind Bitcoin’s 2017 Bull Run? Don’t Bet on It

“Ignorance is the parent of fear.” — Herman Melville, Moby Dick In July 2019, John M. Griffin and Amin Shams, academics from the University of Texas and the University of Ohio, respectively, published the cleverly titled report “Is Bitcoin Really Un-Tethered?” Their “findings” echoed through mainstream and cryptocurrency media alike. The duo boldly claimed that...
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Square’s Cash App Sold $150M Worth of Bitcoin in Q3: 250% YoY Growth

Once again, fintech giant Square has shocked the Bitcoin industry with its latest earnings report; the company’s flagship product, the Cash App, sold $148 million worth of BTC in fiscal Q3 of 2019. This marks significant retail interest in cryptocurrency from Square’s American clientele.Related Reading: Bitcoin Likely to Break Past $10,000 in Next Bout of...
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Volvo Cars Joins Responsible Sourcing Blockchain Network

Volvo car became the first carmaker to implement global traceability of cobalt used in its batteries by applying blockchain. Volvo Cars is the newest car manufacturer that decided to join the Responsible Sourcing Blockchain Network (RSBN) – a cross-industry collaboration for responsible sourcing of minerals, with the focus on strengthening human rights and environmental protection...
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Real Estate Developers Sell Condos For Bitcoin Using BitPay

The financial regulator of Hong Kong – which is the Securities and Futures Commission (SFC) is set to publish a new set of regulations for Bitcoin (BTC) as well as cryptocurrency exchanges. As the news show, the Hong Kong regulator will make the changes – something that first emerged in a report on Reuters led...
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Analysts Say Virgin Galactic Is One-of-a-Kind Opportunity to Invest

Vertical Research Partners describes the stock of Virgin Galactic Holdings Inc. as a “one-of-a-kind opportunity to invest in space tourism.” Vertical Research Partners is the first company that started covering Virgin Galactic, the space company founded by British billionaire Richard Branson. They gave it a “buy” rating and said its risk “is misunderstood.” In his...
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Investor Seeking Ripple’s Response over Ongoing XRP Sales

Ripple faces another legal hurdle to jump with claims that its monthly XRP sales constitute illegal sales of securities. Ripple Labs Inc, and its CEO Brad Garlinghouse are enmeshed in a lawsuit with Bradley Sostack who is the court-appointed plaintiff in a lawsuit that argues that Ripples monthly Escrow sales of its token constitute illegal...
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Bitcoin Forms Uptrend EMA Support as Case for Bulls Strengthens

Bitcoin’s price has been slowly inching higher after briefly visiting its range lows around $9,000 this past weekend, but in order for bulls to maintain their growing strength, it is imperative that they push BTC past its range high resistance level at $9,500.Analysts are now noting that the bull case for Bitcoin may be growing...
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XRP’s Daily Time Frame Shows Huge Descending Triangle Pattern

XRP’s daily time frame shows that Ripple has a bullish short-term bias but is still bearish in the medium-term so according to the four-hour time frame, there is an extremely large inverted head and shoulders pattern as we are about to see further in the Ripple XRP news. Ripple continues to struggle to push through...
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Exposed: Tron’s Justin Sun Real Reason For Warren Buffet Lunch Postponement (Not Kidney Stones)

One of the most anticipated events within the cryptocurrency community was supposed to take place during the summer when Justin Sun won a charity lunch with Warren Buffet. Days before the event, though, Sun said that he had health issues, and the lunch was indefinitely postponed. New information appeared now, according to which the Chinese...
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Blockchain standardization will become essential: ASIFMA roadmap for tokenized securities

Recently, the Asia Securities Industry and Financial Markets Association (ASIFMA) published a report titled, Tokenised Securities — A Roadmap for Market Participants and Regulators. The report goes into detail regarding the impact of tokenization on market participants, as well as current areas that need to be considered in the various stages of the securities lifecycle...
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Dash Remains Bullish Over The Short-Term: Price Analysis

The latest crypto news feature Dash, the cryptocurrency project which is among the top 20 cryptos by market cap, and how it managed to pick up momentum over the past month with new exchange listings. All of these news are commented by the Dash CEO – who claims that the road to new improvements is...
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Coinbase Rolls out Tezos Staking Support for US Customers

Cryptocurrency service providers need to come up with new ways to keep customers affiliated. Coinbase, the popular exchange and wallet provider is doing so by introducing staking rewards. Staking is an integral part of the altcoin industry. Many currencies do not just rely on mining, but also let token holders earn passive interest by keeping...
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High Leverage Crypto Futures Products Unlikely to Receive Go Ahead from Hong Kong Regulator

The Securities and Futures Commission (SFC) of Hong Kong has just issued a warning about high leverage crypto futures contracts. The regulator considers such products to be too high risk for the average investor and, as such, says it is unlikely to ever licence a business offering them.The news follows piecemeal new regulatory measures detailed...
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Coinbase Implements Tezos Staking on Retail Platform, Yields 5% Annually

Tezos holders on Coinbase will now benefit from staking rewards. XTZ holders will automatically earn an estimated 5% annually on their balance. Coinbase implemented Tezos staking on its retail platform across eligible US users. After an initial holding period of 35-40 days those holding XTZ balances will begin receiving staking rewards every three days. People...
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Bitcoin’s ‘nominal GDP’ possibly equivalent to world’s 140th biggest economy

Recently, cryptocurrency network and market data provider, CoinMetrics, published the 24th issue in their State of the Network series. The report talks about the complex crypto-economy of Bitcoin, and how there are different perspectives through which it can be analyzed. One interpretation is that Bitcoin is the sole good manufactured and sold in its economy....
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Bitcoin Price Analysis: Range-Bound Market Set for Bullish Continuation

Summary: The bitcoin market has been range-bound over the last week and a half and is now seeing consolidating volume and a consolidating price structure. The consolidation within our current range is forming an ascending triangle with a $500 move to the upside and a price target of around $10,000. However, a failure to break...
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Conceal and Reveal: The Evolution of Privacy Coin Technology

Privacy can assume many forms and occur on many levels. The technologies that blockchain architects originally envisioned for privacy coins are now being utilized by an array of crypto stakeholders, from enterprises to exchanges. What began as a means of transacting anonymously has spawned a burgeoning industry, built upon technologies designed to conceal, but which...
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Introducing Staking Rewards on Coinbase

Coinbase is now offering an easy, secure way to earn staking rewards on Tezos By Rhea Kaw, Product Manager At Coinbase, we’re focused on offering more ways for customers to earn rewards by holding crypto. Today, we’re announcing staking rewards on every Tezos (XTZ) held on Coinbase by eligible US customers. Coinbase now stakes Tezos...
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Bitcoin Momentum Points To Continued Downtrend Short Term, Medium Term Trending Up

Bitcoin yet again finds itself at a critical junction – one that may set the trend ahead for the coming days or weeks, and make the difference between a new bull run or a fall back into a bear market.The post appeared first on NewsBTC
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