November 14, 2019

Falling Bitcoin Dominance May Lead Spectacular Altcoin Returns

Drops in Bitcoin dominance coinciding with drops in its price may act as a strong leading indicator for short-term altcoin gains. A look at the data shows promising results.A peculiar event happened last week — as BTC’s price decreased, so did its dominance. Such a development goes against this year’s trend of ever-increasing Bitcoin dominance....
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Bitcoin hodling reports higher returns than DeFi schemes

Bitcoin had its hands full dealing with the bearish market, while DeFi gained popularity and provided significant earnings in mainstream finance. However, according to the report provided by Token Analyst, hodling Bitcoin [BTC] or Ethereum [ETH] garnered more revenue compared to crypto lending. The report highlighted the difference in returns offered by investing $1,000 at...
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Feds Nab Two Suspects in Alleged $550K Crypto-Fueled Scam

Two men have been charged with carrying out a nationwide cyber scheme. The U.S. DOJ alleges the men stole, or tried to steal, more than $550,000 in cryptocurrencies. The case comes in the wake of an uptick in cybercrime. Two Massachusetts men were arrested on Thursday and charged with carrying out a nationwide scheme to...
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Ethereum’s Bollinger Bands Signal That a Massive Movement is Imminent

Ethereum has been stuck below its near-term resistance level at $190 for the past several weeks, and both ETH’s bulls and bears have been deadlocked as they hold the cryptocurrency steady within the mid-$180 region.This bout of sideways trading may soon be coming to an end, however, as analysts are now noting that ETH’s Bollinger...
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Weiss Crypto Ratings says ‘Cardano is clearly superior to EOS’

Weiss Crypto Ratings, a crypto and financial ratings company, managed to divide the crypto community on Twitter yet again by saying that Cardano is “clearly” superior to EOS. While many were arguing over the merits of each project, most agreed that the company has lost all of its credibility. Crypto rating company stirs the pot...
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Meltem Demirors Is Wrong – Blockchain Is Not Dead And Here’s Why (Op-Ed)

Blockchain took it on the chin this week as several big names in the industry speculated that the technology that underpins Bitcoin and other cryptocurrencies has been over-hyped. Meltem Demirors, CIO of CoinShares Group, even went so far as to declare blockchain “dead.” Don’t Start Eulogizing Blockchain Quite Yet Demirors, along with more than a...
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Unknown Fund to invest $75 Million in Bitcoin towards privacy startups

An anonymous organization, known as the Unknown Fund, recently announced its intent to invest and donate $75 million in bitcoin (BTC) to those startups working directly or indirectly on strengthening user’s anonymity. According to the official press release, “Preference will be given to the following niches: protection of personal data, tools for anonymity, cryptocurrency and blockchain.”...
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Litecoin succumbs to rising pressure of ascending channel

Litecoin suffered heavy losses in the past couple of months. It fell by 35.85% over five days in September, resulting in its depreciation from $79.92 to $51.27. The following month did not offer any relief as the coin reported a fall of 7.31%, however, November provided temporary relief to the price as it noted an...
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SNICKER: How Alice and Bob Can Mix Bitcoin With No Interaction

SNICKER could be the next tool in Bitcoin’s growing privacy toolbox. Although Satoshi Nakamoto’s white paper suggests that privacy was a design goal of the Bitcoin protocol, blockchain analysis can often break users’ privacy today. This is a problem. Bitcoin users might not necessarily want the world to know where they spend their money, what...
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Cryptocurrency SIM Swapping Scammers Charged by US Department of Justice

Two individuals were charged yesterday for their suspected involvement in a two-year cryptocurrency SIM swapping scam. The suspects are believed to have taken control of telephone numbers and attempted to gain access to various online accounts to steal digital currency from victims.The pair were arrested last Thursday. They face charges of wire fraud, computer fraud and...
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Instant Crypto Exchange Changelly Secures Access to SLP Tokens

Instant cryptocurrency exchange Changelly will start to use digital asset rates from Bitcoin.com’s trading platform. This will ensure better prices for Changelly users and help increase the reach of all SLP tokens that are exclusively listed on Bitcoin.com Exchange. Also Read: Universal Protocol Alliance to List Mega-Utility Token on Bitcoin.com Exchange Changelly to Use Rates...
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TRON, NEO, and Ontology Experiencing Price Exhaustion Following Xi Jingping’s Statements

Statements by Chairman Xi Jinping were a major catalyst for renewed interest in Chinese cryptocurrencies. Cryptos such as TRON, NEO, and Ontology demonstrated strong 7-day returns following Xi’s comments, but this newfound momentum appears unsustainable. The Chairman’s statements on blockchain were the initial spark that drove renewed interest in Chinese crypto projects. Other developments from...
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Ethereum co-founder, AVA Labs CEO discuss anonymity types and differentiators

AVA Labs CEO, Emin Gün Sirer addressed issues regarding identity, anonymity and privacy on blockchain in a recent thread on Twitter, which included a small discussion with Ethereum co-founder, Vitalik Buterin. In the thread, Sirer said that there is a lot of confusion around these topics, even in cypherpunk circles, and compared the good and...
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Basic Attention Token (BAT) is surging as Brave 1.0 launches

Brave Software announced the official launch of its popular privacy-centric web browser Brave. Meanwhile, several technical indicators estimate that its native crypto, Basic Attention Token (BAT), could be bound for a further bullish impulse.  Brave 1.0 is here Brave is an open-source web browser with a built-in ad-blocker, tracking, and security protection. It anonymously monitors...
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Bitcoin Open Interest May Act as Rocket Fuel for Explosive Bull Movement

Bitcoin (BTC) has been caught in a period of sideways trading over the past several days and weeks, as it has been unable to garner any significant and sustainable upwards momentum in spite of the strong support that it has established at $8,700.Bitcoin’s open interest, however, may point to an underlying strength for the cryptocurrency,...
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Safex Gears up for Public Beta of its Safe, Secure, Decentralized Marketplace

 E-commerce platform Safex has announced new updates to its native Blockchain that will enable on-chain P2P trading, and provide a secure and private way for users to buy and sell, through its online marketplace. The mainnet launch targeted for the end of 2019.  NOV 13th, 2019. Belgrade, Serbia. – After two years in development, Innovative e-commerce platform Safex has...
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African Gemstones to Be Tracked by Credits Blockchain

Place/Date: – November 14th, 2019 at 8:39 pm UTC · 2 min readContact: Credits , Source: Credits As previously reported, Mina Stones and Credits entered into a partnership agreement involving the introduction of innovative blockchain technology into the current African gem supply chain. The solution helps to eliminate potential vulnerabilities by providing complete transparency and...
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Crypto Hits the Big Time After Coinbase CEO Makes Rising Star List

Coinbase CEO Brian Armstrong has been honored by Time magazine in the inaugural TIME 100 Next list. Four crypto and blockchain startups appeared in the 2019 CNBC Upstart 100. Startups featured on the CNBC list must have raised $50 million or less in VC funding. This has been a good week for individuals and startups...
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Ethereum approaches all-time low price volatility as consolidation continues

Over the course of 2019, volatility has played a major role in dictating the price of crypto-assets. Major price swings during April-June saw the collective cryptocurrency market improve its valuation. However, the 2nd half of the year has been extremely bearish for the market, apart from the flash hike recorded on the 25th of October....
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Walmart Canada Launches Largest Blockchain for Supply Chain Management Ever

Walmart Canada has just announced what it describes as the world’s “first enterprise full production blockchain solution launched at a large scale mission-critical function”. The network will allow for information sharing and collaboration between 70 third-party trucking companies serving the company.The blockchain system has been a collaboration between Walmart Canada and DLT Labs. It will...
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Bitcoin Difficulty Drops, Can The Miners Survive The Halving Event?

Alternative Airlines is the name of the latest travel company which makes headlines in the cryptonews section. As the updates show, this UK travel company has partnered with the cryptocurrency service Utrust to facilitate payments with crypto.On November 13, the Switzerland-based firm and digital payments processor Utrust announced a new partnership with the first merchant...
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US Crypto Investors May Need To Consider Amending Past Tax Returns

Tax law surrounding crypto assets is currently convoluted and confusing, even despite Congress demanding the IRS clarify the law, and the IRS taking steps to provide more clarity to crypto investors in the United States.The post appeared first on NewsBTC
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Pornhub Suggests Crypto Payments After Paypal Censors Model Payouts

On November 14, the leading adult video sharing site on the internet, Pornhub, revealed that payment processor Paypal has blocked the company’s live performer payouts. In a blog post written on Thursday, Pornhub recommended alternative payments like writing a check or using the digital currency verge. Also read: Walk Like Nakamoto: 7 Anonymous Personalities in...
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UK-based FinTech Firm Revolut Plans to Raise $500 Million for Global Expansion

Revolut, the Britain-based digital banking and investing app is currently in discussion with global investors to push its expansion plans. As per the Reuters report, Revolut is planning to raise nearly $500 million as the company plans to expand its operations to Japan and the United States. On Tuesday, November 12, during an interview with...
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Non-Profit hybrix Promotes Blockchain Harmony at California Festival

While blockchain technology is promoting ground-breaking innovations across the spectrum, the sheer number of platforms and complexity in using their services continue to be a roadblock for many users. Mass adoption is very difficult to promote around the world without ease of access for everybody who wants to work in the space. While cryptocurrencies provide...
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Apple Unveils Its 16-inch MacBook Pro with New Magic Keyboard Starting at $2399

On Wednesday, November 13, Apple lifted the cover off its new precious MacBook offering – the 16-inch MacBook Pro. The new MacBook Pro model comes with some heavily loaded hardware features seen for the first time on a laptop. Besides introducing high-end machine hardware, one of the major changes to the latest MacBook Pro is...
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Singapore-based firm launches crypto, blockchain fund for Asia-Pacific market

The crypto-asset industry is no longer being ignored by institutional investors and major financial entities. 2019 significantly improved the collective valuation of major assets and presently, various asset management companies are introducing traditional asset investors to the world of crypto-financial markets. According to a recent report, Portal Asset Management, a Singapore-based firm, has launched its...
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50DMA: Bitcoin Price Facing Dangerous Retest Of Moving Average

The leading crypto asset by market cap, Bitcoin, has had a confusing year thus far. The cryptocurrency started the year at extreme lows but later exploded back up 350% to $14,000, before falling nearly 50% down to $7,300.The asset’s third-largest 24-hour gain brought the crypto asset back through the 200-day and 50-day moving average, but...
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Nike Leaves Amazon and Others May Follow It in This Decision

In a surprise turn of events, footwear maker Nike has decided to terminate its relationship with technology giant Amazon and it will no longer sell its goods on the retail website of Amazon. In a statement Nike said: “As part of Nike’s focus on elevating consumer experiences through more direct, personal relationships, we have made...
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NEO And VeChain Pose Impressive Rallies The Past Week: Analysis

The NEO founder Da Hongfei has not been in our NEO coin news section for a while now. His latest comments during the first panel of the BlockShow Asia 2019 event, however, made him share his views on the current state of the decentralized web. “The internet is a great invention. It looks almost perfect....
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