November 12, 2019

Doesn’t Wait For Libra: Facebook Introduces Facebook Pay

Facebook has faced a maelstrom of criticism ever since it announced the Libra cryptocurrency. Lawmakers and bankers have been quite vocal in their negative views towards the developing stablecoin. However, it seems that Facebook is not waiting for Libra to launch a global payment platform as they have now introduced Facebook Pay. Cross-Platform Payments Facebook...
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Why Litecoin May Soon Post Major Gains Despite Current Bearishness

Litecoin (LTC) has been facing an ongoing influx of selling pressure ever since its mining rewards halving that occurred this past-summer, which sparked a deep-cutting sell-off in spite of the fact that many investors and analysts had believed it to be a bullish event.In the near-term, analysts are noting that they anticipate the cryptocurrency to...
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Justin Sun Purchases Stake in Poloniex to Grow TRON Ecosystem

TRON founder Justin Sun confirmed that he was part of an Asian investment group that purchased Poloniex. Sun plans to leverage the exchange to further accelerate growth in the TRON ecosystem. In a joint livestream from the Poloniex and TRON Twitter accounts, Sun confirmed an investment in the struggling crypto–exchange Poloniex:  “Poloniex right now is...
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CoinMarketCap’s new metric aims to combat fake trading volumes

CoinMarketCap launched a new instrument that counters fake trading volumes.  Fighting Fake Volume CoinMarketCap is one of the main cryptocurrency data tracking services platforms in the cryptocurrency industry. Due to its popularity, the firm has been making big steps to provide accurate data about all the cryptocurrencies and exchanges in the market.  Now, the crypto...
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FATF Orders All Crypto Exchanges To Collect More Private User Data

The founder of ConsenSys, Joseph Lubin, who is also known as the Ethereum co-founder recently said that he hopes that China’s Central Bank Digital Currency (CBDC) will allow for interoperability with public permissionless blockchains such as Ethereum.Lubin made the remarks in an interview with Forbes which is viral in the Ethereum news now – and...
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Traders Turn Bullish On Stellar: XLM Price Analysis

Traders turn bullish on Stellar after the altcoin increased by 20 percent before dumping a chunk of its gains. The previous week, Stellar (XLM) made headlines as the Stellar Development Foundation announced that it burned 55 billion XLM coins to reduce the circulating supply. The announcement of the burning of the 55 billion resulted in...
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A Million Bank Users Ask For Their Money, is Crypto a Viable Alternative?

Almost one million customers of an Indian bank are currently without access to the money they deposited with the institution. The incident serves as yet another reminder of the shortcomings of the current banking system and the potential improvements offered by crypto.The bank in question has been under investigation for fraud and Mumbai police have...
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Swiss Crypto Firm Sygnum Seeks a Banking License in Singapore

The future of crypto banking remains rather uncertain at this time. Singapore may prove to be a region worth exploring for cryptocurrency firms opting for this business model. Sygnum is one of those companies with big plans and high expectations. Sygnum is one of the many cryptocurrencies companies looking to disrupt traditional finance as people...
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Altcoin hype will soon die off, claims Kraken’s Jesse Powell

In a recent interview, Jesse Powell, CEO of Kraken, opened up about the initial difficulties faced by the exchange and expressed his opinion on the current paradigm of cryptocurrency markets. Central banks have always been reluctant to coordinate with digital asset corporations. The risk and uncertainty attached to these entities outweighed its potential. During the...
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Spend 10 Cryptocurrencies With These Debit Cards

Debit cards linked to crypto wallets have been a useful payment tool for users who want to be able to spend their cryptocurrencies almost anywhere. Offerings in the segment have been changing over time due to various reasons including regulatory challenges in different markets. Fortunately, though, new products and services are also being introduced. Here’s...
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Video Review: Cryptotag Zeus

In this video review, Bitcoin Magazine tests the Cryptotag Zeus, a 100-percent titanium, recovery seed storage device.  The Zeus allows users to make a virtually indestructible, seed-phrase backup plaque in less than five minutes. Essentially, they engrave a series of numbers that correspond to a 12- or 24-word seed phrase provided by their hardware or...
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Evercoin 2 Joins the Mobile Hardware Wallet Market

On November 12, 2019, during the Invest: NYC event, bitcoin wallet and exchange Evercoin announced the launch of a new, mobile-first hardware wallet: Evercoin 2. The new product is available for both iPhones and Android devices and was developed in collaboration with influential, security-oriented hardware manufacturer Yubico.  Evercoin 2 uses the hardware specifications of the...
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Analysts Expect Further Losses as Bitcoin Forms EMA Bear Cross

Bitcoin (BTC) has continued inching lower following its recent bearish break below $9,000, which points to the possibility that bears are building strength as bulls fail to propel the crypto while it trades just a hair above its key near-term support level.Analysts are now noting that Bitcoin may soon incur further losses as it nears...
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Intro to Smart Contracts

All of that brings us to our post today, where we will study a simple example of a decentralized app, or dapp, and you will implement it yourself on your local machine. Dapps are applications written using languages such as JavaScript, HTML, and CSS, leveraging smart contracts on the backend to display and change information....
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Bitcoin Wallet Reviews: What’s the Best Hardware Wallet on the Market? Part 2

This is the second article in a three-part series that examines five of the most popular Bitcoin hardware wallets. Read the first part here. By request, samples were provided by some of the companies for review purposes. There are multiple reasons why the user interface recommended, developed or provided by hardware wallet manufacturers is important. ...
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Liquidity the biggest hurdle to new product releases: Bybit’s Zhou

In a recent interview, CEO of crypto-derivatives exchange, Bybit, Ben Zhou, was asked about the challenges of running an exchange, Bybit’s present processes and its plans for the future. Bybit was launched in March 2018 and it has since become one of the most popular exchanges for cryptocurrency derivatives trading. According to Zhou, it took...
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Bitcoin Fixes This: Top Bank Chief Says Monetary Policy is Failing

Representatives of the current financial system are inadvertently extolling the virtues of Bitcoin at a higher frequently than ever before. The latest is Deutsche Bank President Karl von Rohr, who states that current methods intended to stave off economic crisis are lessening in efficacy.Von Rohr describes the current climate for the financial services industry as...
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China’s Digital Yuan Could be Pseudonymous Like Bitcoin

A lot of eyes are on the Chinese central bank. The institution has confirmed it will launch a digital yuan “soon’, and some more details have come to light this week.  Creating a new stablecoin pegged to the yuan will not be an easy feat. Especially if that yuan continues to be devalued by the...
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ETH/BTC Ready To Print New High, Veteran Trader Says

Ethereum blockchain’s native asset, ETH, is about to establish fresh highs against rival Bitcoin, believes avid crypto trader, Elixium. ETH Breaks Away From BTC The popular cryptocurrency analyst said in a tweet today that the ETH/BTC trading pair is looking stronger ever since the quoted asset Bitcoin has started underperforming. The benchmark cryptocurrency has corrected...
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CFTC believed Bitcoin Futures could pop 2017 bubble: Former CFTC Chairman

As governments across the globe ease up on crypto-regulations, former CFTC Chairman Christopher Giancarlo featured on the latest edition of the Unchained podcast to contrast existing market conditions with the direction needed by the crypto-space to attain mass adoption. Giancarlo also spoke about how the government had been vigilant about Bitcoin’s growth, right from its...
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CoinMarketCap Targets Crypto Market Without Manipulation

CoinMarketCap launched a new tool to combat fake trading volumes. The firm aims to bring more clarity into the space, which has been tainted by manipulation. Different companies in the industry are making strides towards a market free of manipulation. The cryptocurrency market has been tainted by manipulation since its early beginnings. As a result,...
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Google Collected Personal Health Data Through ‘Project Nightingale’

It is believed that Google secretly gathered millions of patient records in the framework of the initiative that is known under the name “Project Nightingale”. It seems Google has secretly gathered impressive volumes of patient records across 21 states on behalf of a health care provider. It is supposed to have been done via a...
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Early Bitcoin Adopter Supports Privacy Altcoin Grin

The crypto market was born from cypherpunks hoping to disrupt the current monopoly over finance, and offer the world additional options that favored privacy and freedom. Bitcoin was the first of its kind, but many altcoin projects have since followed that keep the original goals of cypherpunks strong.The post appeared first on NewsBTC
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Banking Giant RBC Will Offer Customers Crypto Trading Options

According to a report from The Logic, The Royal Bank of Canada, the popular Banking giant RBC that has more than 16 million clients, will offer its clients to trade in crypto, as we are reading further in the altcoin news below. The Banking giant RBC) wants to give the customers the chance to trade...
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Ant Financial Commences Testing of Its Business Blockchain

Alibaba’s Ant Financial blockchain has been developed with an aim to provide support to small and medium-sized businesses. Ant Financial, a subsidiary of Chinese tech giant Alibaba Group, has finally reached the testing phase of its business blockchain. The fintech arm of the tech giant, which has been working on a blockchain network created to...
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Bitcoin Options volume registers weekly low, but sentiment remains bullish

Bitcoin’s derivatives market entered the frame back in 2017. However, 2019 saw the most significant growth in terms of institutional interest. With the launch of Bakkt’s Bitcoin Futures, profitability in the market was observed as trading activity scaled new all-time-highs in the market. Over the past few weeks, Bitcoin’s price has undergone major price swings,...
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Evercoin Launches Bitcoin and Cryptocurrency Hardware Wallet

New York, NY, 12 November 2019 – At New York Consensus Invest Summit, Evercoin Inc. today announced Evercoin 2, the “safest hardware wallet”. Evercoin 2 provides a wallet and exchange for bitcoin and other cryptocurrencies featuring a hardware wallet the size of a house key powered by YubiKey 5ci, the first implementation of its kind....
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NEO Spikes 100% Thanks to China’s Surprising Blockchain Pivot

NEO has surged 100% over the past few weeks. The bullish sentiment behind this cryptocurrency rally seems to be related to China’s decision to embrace blockchain technology. One trader says NEO may have a bright forecast. NEO, one of China’s most prominent blockchain projects, has been on a roll since Chinese President Xi Jinping announced...
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Twitter’s CEO Jack Dorsey To Push BTC Utilization In Africa

Investors can now rest assured of seeing information about liquidity on one of the leading cryptocurrency data providers – CoinMarketCap. The company is in the latest cryptocurrency news for unveiling a completely new feature reserved for this. Following the announcement, the new CoinMarketCap update was described as an ideal one for comparing exchanges and token...
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Crypto Exchange Execs From South Korea Jailed For Fraud

Crypto exchange execs from South Korea were convicted by the South Korean court including the head of cryptocurrency exchange Coinup for fraud; he’s been sentenced 16 years in jail. The company’s vice president was sentenced 11 years in jail, and also eight other executives were given jail time. Let’s read further in the cryptocurrency news...
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