November 13, 2019

The Cryptocurrency Market Suffers from Shockingly Low Levels of Liquidity

CoinMarketCap’s new metric shows low levels of liquidity in the crypto market. A renowned analyst explains that less than 1% of all cryptos are liquid. Prominent figures in the industry agree that 99% of all cryptos will not prevail. CoinMarketCap, the leading cryptocurrency data tracking services platform, recently rolled out a new metric, dubbed Liquidity....
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Vast Majority of Crypto Assets Lack Enough Liquidity To Make Good Investments

The crypto market first began with the advent of Bitcoin, but in just a decade’s time, thousands upon thousands of alternative crypto assets have been created.The post appeared first on NewsBTC
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Online Dating and Cybersecurity

Finding the love of your life, for those unlucky enough to not already have, is something highly sought after and greatly prized. But when something is highly sought after and people are leaving themselves exposed as they might be going through all kinds of things, others can easily take advantage and make a huge profit...
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The Ethereum Token Ecosystem Is Thriving

The so-called Ethereum killers never arrived. The network thrives as ERC-20 tokens approach Ethereum’s capitalization. Other smart contract platforms are not even close to Ethereum in terms of relative activity. Coin Metrics employed an analysis developed by Chris Burniske of Placeholder, a New York-based venture capital partnership, to measure the health of the Ethereum network....
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BIP 324: A Message Transport Protocol That Could Protect Bitcoin Peers

More than 10 years living in the world of Bitcoin has shown us that there is a long road ahead for Bitcoin developers, and BIP 324, created in March 2019, could be the next important step on that road. The BIP was authored by Switzerland-based Bitcoin developer and cofounder of Shift Cryptosecurity Jonas Schnelli to...
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Messari raises $4 million, investors include Coinbase, Blockchain Capital

Cryptocurrency research startup Messari recently announced the completion of its latest investment round, raising $4 million in funding. Detailing on the same, the official release read, “The round includes support from existing investors Anthemis Group, Blockchain Capital, CoinFund, Danhua Capital, Fabric Ventures, Fenbushi Capital, Semantic Ventures, and Underscore VC. New investors Coinbase Ventures and Balaji...
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SoftBank-backed DoorDash Raises Another $100 Million in Funding

The food delivery startup DoorDash backed by SoftBank Group Corp. and Sequoia Capital has received a new investment of $100 million. It seems that the San Francisco-based on-demand prepared food delivery service DoorDash Inc.’s $2 billion “war chest” is getting bigger and bigger every day. Started back in 2013, this food delivery startup is obviously...
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Bye-Bye Bitcoin? Why the Altcoin Bottom is In

Throughout 2019, Bitcoin has been mostly bullish, rising as much as 350% from trough to peak, all while the altcoin market has continued to bleed out further.The post appeared first on NewsBTC
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Crypto Price Analysis November 13: BTC, ETH, EOS, LTC, TRX

Photo: QuoteInspector Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, shares his insights into the future scenarios for Bitcoin price movement as well as possible price swings of major altcoins. To confirm the development of the uptrend, the bulls must secure above $9800. Meanwhile, the current levels look like good support, from where...
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Anonymous Donating $75 Million in Bitcoin to Startups Protecting Online Anonymity

The world is increasingly becoming a smaller place due to the evolution of technology. The internet and streaming allow for instantaneous communication, and people can virtually congregate to watch movies, sporting events, and even video game matches. However, the rise in technology and communication has led to a loss of privacy. Anonymous is seeking to...
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VeChain Price Surges 120% Following Mention In Chinese Newspaper

The VeChain latest news this morning showed that the price of the VET cryptocurrency managed to surge by 65% in a single month. However, the new figures today show that after China’s largest newspaper mentioned the coin referring to it as the  “From French Farms to Chinese Plates” food safety initiative, the VeChain price surges 120%....
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BTC Is Static Below $8,800, NEO And BNB Steal Its Show

The Bitcoin and altcoin news and rumors show that there is still a bit of tension on the markets – most illustrated with the inability of Bitcoin (BTC) to pass through the $8,800 region. As soon as the dominant cryptocurrency lost the support at $9,000, BTC is static and looks like it could drop to...
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Binance Coin Price Analysis: Bulls Bring BNB Above $21, Is $25 In Sight?

Binance Coin saw a notable increase of around 4.5% over the past 24 hours and it currently trades at $21.26. This caused BNB to be the best performing top-10 altcoin over the past 24 hours. BNB is also up 16.25% over the past month. Binance Coin remains the seventh-largest cryptocurrency with a market cap of...
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eToroX Listed Dash And Seven Other Stablecoins

The digital asset platform of the social trading platform eToro named eToroX listed the privacy coin Dash and seven other stablecoins – a press release published on November 12 confirmed. As we can see from the Dash news coin, eToroX users can now trade stablecoins backed by the Turkish Lira (TRYX), the Polish Zloty (PLNX),...
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Craig Wright Predicted Bitcoin, Litecoin Should Be Dead By Now

Craig Wright, self-proclaimed creator of Bitcoin (BTC) is no stranger to controversial statements. But his prediction made this time last year certainly stands out as one of his biggest claims.  November 2019 Was Supposed to Be the End Back in November 2018, Wright stated in a rather cryptic manner that he had information which would...
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2 New Blog Sites That Allow Users to Earn Cryptocurrencies

During the last few years, cryptocurrency enthusiasts have explored blogging and content publishing websites that are powered by digital currencies. Recently, two new publishing websites that utilize cryptocurrencies have been gathering traction. The crypto powered blogging platform Publish 0x pays users to read content and blog using 11 different digital assets. The website Read.cash is...
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Winklevoss Capital And Coinbase Back $1.8 Million Crypto Startup

A new crypto startup which makes it easier for developers to put crypto wallets in their applications recently announced a new seed round with the participation of partners including Galaxy Digital, Winklevoss Capital and Coinbase. Bitski is the name of the startup that is making waves in the Coinbase news today – as a developer...
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Eterbase Announces Exchange Market Structure Shift to EURBASE

Eterbase has announced a 10X increase in trading volume over the last 8 weeks after transitioning the base trading pair from XBASE token to its EURBASE stablecoin. Eterbase — the leading EU-compliant cryptocurrency exchange — recently reported achieving the milestone of over $1 million in trading volume per day after transitioning the base trading pair...
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With Open-Source Caravan Wallet, Unchained Wants to Make Multisig Mainstream

Austin-based Bitcoin financial service provider Unchained Capital just unveiled its newest multisignature wallet tool. Revealed exclusively to Bitcoin Magazine in anticipation of the launch, Caravan is the latest tool in Unchained Capital’s suite of bitcoin investor products. Like the Collaborative Custody that came before it, Caravan is a multisignature bitcoin wallet, meaning it requires multiple...
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The Year 2020 Cryptocurrency Outlook: Speculators Rely on Bitcoin ahead of Blockchain

After trending lower in the prior sessions, now Bitcoin has managed to move higher and is in the process of forming a bullish candle. Bitcoin comes first, ahead of blockchain, for speculators who look towards the year 2020 cryptocurrency situation. Its apparent several platforms have received support funds to create enterprise blockchains which mostly have...
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Telegram Goes On Offense, Asks Court to Strikeout SEC Lawsuit

Telegram asked the New York Southern District Court to dismiss accusations by the SEC that its GRAM token is a security. Telegram, the cloud-based encrypted messaging service which helps users to send and receive messages, exchange stickers, videos, photos, audio and all kind of files, has reacted to the lawsuit brought against it by United...
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Ripple Vs. PayPal Supporters Spark Debate on Twitter

Twitter community members are arguing about which international payment system is better – Ripple or PayPal. Is Ripple Slower than PayPal? The argument started with a tweet from Tony Vays, a derivatives traders and host of a crypto-related podcast and dedicated events. He indirectly criticized Ripple for being too slow by comparing it to PayPal,...
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Zimbabwe’s Battle with Hyperinflation Highlights Desperate Need for Bitcoin

Zimbabwe rolls out new currency but limits weekly withdrawals. Hyperinflation makes it difficult for Zimbabweans to trust their government. Bitcoin appears to be the perfect solution as it eliminates the need to trust an authority like the government. In an effort to quell the effects of hyperinflation, Zimbabwe introduced the new generation Zimbabwe dollars. The...
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Kyoto University becomes Japan’s first Uni to run XRPL validator

Ripple’s aggressive marketing and partnership strategy, in addition to the banking sector, has branched out into other fields as well, with its University Blockchain Research Initiative (UBRI) aiming to bring universities closer to blockchain, cryptocurrencies, and the digital payments landscape. As part of this venture, Japan’s Kyoto University has now announced that it will be...
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Celsius Network surpasses $4 bn in crypto loans, CEL remains illiquid

Celsius Network, a cryptocurrency lending platform, announced that it has surpassed $4.25 billion in loan origination. In a press release shared with CryptoSlate, the company said that it was a 93 percent increase from the $2.2 billion it recorded at the beginning of 2019. The growth numbers sound very impressive but the liquidity of CEL...
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Bitcoin Options: What it Means For Prices and Volatility

The CME futures market will evolve with derivatives, as the operator announced January 13 as the launch date for options on Bitcoin (BTC) futures. Options are creating a new layer of complexity on the BTC market, and inviting new potential classes of investors. Bitcoin Options Offer Time Window to Buy Futures Options on BTC futures...
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LightningCashback Wants to Replace Fiat Change With Sats

As bitcoin grows as a medium of exchange and Bitcoiners become all the more interested in stacking sats as part of their daily activity, services are popping up that merge the worlds of everyday, brick-and-mortar retail and the original cryptocurrency. LightningCashback is the latest iteration of this trend, created specifically to bring bitcoin into the...
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VeChain Price Surges 120% After Chinese Newspaper Mentions the Crypto

China’s largest newspaper refers to crypto asset VeChain as integral in the “From French Farms to Chinese Plates” food safety initiative. In a continuation of pro-blockchain sentiment, the People’s Daily publicize how blockchain is helping to restore consumer confidence in China’s food industry.The post appeared first on NewsBTC
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BeeTech Payment Remittance Company Announces Saving Customers $14 Million via RippleNet

The CEO and co-founder of BeeTech has announced that the company helps customers save millions of dollars via its payment remittance service, which is powered by Ripple. Brazilian financial services and fintech company BeeTech has announced that its cross-border payment service in partnership with Ripple, is helping its customers save over $14 million incurred in...
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Bitcoin Bull Run Due Next Week According To Difficulty Adjustment

Stock-to-Flow (S2F) proponent, PlanB, has been extending his analysis into Bitcoin difficulty adjustments. Predicting an estimated +4% adjustment due next week, following a large drop in difficulty last week, he suggests there is only one way for BTC price to go next. First Round Analysis In an early tweet yesterday, PlanB posted a chart of 7 years...
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