December 11, 2019

Is Zcash (ZEC) a Total Failure? Crypto Influencers Disagree

Privacy coin attacked for “dumping on investors”. Ethereum creator Vitalik Buterin – also an advisor for Zcash (ZEC) – says coin is exploring uncharted terrain. Market cap – but not coin price – up 40,000% since launch. Ethereum founder Vitalik Buterin leapt to the defence of privacy coin Zcash (ZEC) after a prominent crypto influencer...
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SBI Ripple Asia Wants to Dominate Ripple’s Network Liquidity

The future of banking may look very different compared to today. It would appear SBI Ripple Asia is looking to expand in an aggressive manner. During a recent meeting, it was announced how this consortium wants to take up roughly half of the transaction volume of the Ripple network. SBI Ripple Asia is Liquidity-Hungry That...
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Libra contributed to governments taking crypto-industry seriously: Nic Carter

The introduction of Libra was met with a lot of reaction from all corners of the crypto-space, with many hotly contesting the utility and functionality of Facebook’s crypto-project. In an exclusive interview with a media outlet, CoinMetrics’ Nic Carter claimed that the social media company has made a huge miscalculation with the Libra project. Carter...
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FinTech Banking Provider SolarisBank Launches Crypto Custody Platform

FinTech banking provider, solarisBank from Germany announced today the launch of the new custodial platform for cryptocurrencies. Same as the digital banking products of the company, the platform if API-accessible, and integrates into the websites and apps of its partner. The new platform is managed as a subsidiary of solarisBank, named Solaris Digital Assets GmbH....
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Ethereum Could Be the Defining Factor That Guides Other Altcoins, Claims Analyst

Ethereum has had a turbulent week, with much of its recent price action favoring sellers as the crypto has faced a steady stream of downwards pressure in the time following ETH’s recent visit to over $150 earlier this past week.Although all eyes are closely watching Bitcoin’s near-term price action, it is important to note that...
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Strong Selling Pressure For Litcoin Pushes The Price Below $45.00

The major football club from the United States, the Miami Dolphins are officially accepting the Litecoin cryptocurrency for payments made for their sports fans’ experiences. As an announcement showed, the team has partnered with Aliant Payments and the Litecoin Foundation.Meanwhile, an increasing number of sports teams have started using coins and associated betting platforms, offering...
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Satoshi Impersonator Craig Wright Tries Escaping Paying The Fines

A new report is in the Bitcoin Cash news, showing that the Bitcoin Cash spending in Australia has outshined BTC retail spending in a major way during the month of September.The other month when BCH captured 90% and more of the total spend was October where the spending rose to new highs. Now, the website...
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Kraken’s Powell claims self-regulation requires government backing

Security is one of the key evolving aspects of the crypto-industry and the cryptocurrency market. Over the years, many exchanges across the world have fallen victim to hacks. These incidents often raise a lot of questions within the community, especially with regard to the credibility of certain asset custodians. On a recent edition of Untold...
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AI Research Reveals Crypto Leaders Are Angry and Depressed

An artificial intelligence-driven personality research on the characteristics of crypto industry leaders such as Vitalik Buterin, Justin Sun, and Brian Armstrong found that intellect, liberalism, and cautiousness are their top personality traits. And a comparison with general tech titans showed that crypto leaders are 98.4% more likely to demonstrate anger and 46.4% more likely to...
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Singaporean Hedge Fund CEO Worried About Bitcoin Stock-To Flow Hype

Singaporean hedge fund CEO of the Three Arrows Capital, warns that the stock-to-flow based predictions about the increasing value of bitcoin in 2020 could be questionable and claims that the investors pin their hopes on mining reward halving and for the stock-to-flow movements to end up in ‘’over-leveraged positions.’’ Following the latest bitcoin news, the...
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New Listing Ideas: Binance Considers Adding Tezos And Tron

As you probably know from the latest Coinbase news this year, the cryptocurrency exchange announced its Coinbase Pro platform earlier this year, along with Binance and the expansion with the American branch called Binance.US. This has put both of the platforms as direct rivals in the market – but is Binance US or Coinbase Pro...
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This Deceptive Bitcoin Signal May Trigger a Brutal Price Crash

The number of bitcoin traders going long on BTC is approaching an all-time high. That sounds bullish, but it’s actually an extremely bearish signal. Is the bitcoin price on the verge of another plunge? Bitcoin longs are nearing record highs on margin trading platforms like Bitfinex. The last time the number of long positions to...
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China Continues to Dominate Global Bitcoin Mining, But for How Long?

New research shows that China’s dominance of the total Bitcoin hash rate continues to grow. The nation reportedly now accounts for around 66 percent of all the computing power supporting the Bitcoin network at present.China has historically been the leader in global Bitcoin mining. However, with large mining operations coming online in the US and...
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Bitcoin miner capitulation may be too early to determine as hash rate recovers

The threat of Bitcoin miner capitulation in the near-term has subsided, as the hash rate of the network recovered. Up until late November, the hash rate of the Bitcoin network was hovering at around 80 exahash. Since then, it has rebounded to around 100 exahash, reducing concerns regarding a potential sell-off by miners. Hash rate...
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Bitcoin is On Shaky Ground; Here’s Why Further Downside is Likely

The latter part of 2019 has been a volatile several months for Bitcoin, with the embattled cryptocurrency ranging between lows of $6,500 and highs of over $10,000. Currently, BTC is trading at the lower part of this trading range, and it has been struggling to gain any decisive momentum in either direction.This lack of momentum...
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Twitter is Going Decentralized with Blockchain

Twitter plans to move its platform onto the blockchain. The social media giant is putting together a team to develop an open, decentralized standard for social media, with Twitter as one of its first clients, announced CEO Jack Dorsey. Jack Dorsey, the idiosyncratic CEO of Twitter and Square, announced that Twitter is funding a five-person...
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Another Coinbase User Falls Victim to a SIM Swap Attack

Cryptocurrency users around the globe face many different threats. SIM Swaps are perhaps the worst type of attack, yet they continue to occur on a regular basis. Anyone keeping bitcoin or altcoins on an exchange would be better off using a hardware wallet of some sorts. Another SIM Swap Story Pops up Users who rely...
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HEX: Crypto ‘Designed for 10,000x Returns’ is Destined for Failure

New cryptocurrency “Designed for 10,000x Returns” draws crypto community ire. Critics say the coin’s creator will hold 45% of the entire coin supply after the first year. Not a Ponzi, not a pyramid – a new breed of scam coin. A new cryptocurrency is attempting to pick up where BitConnect and OneCoin left off –...
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Mysterious Bitcoin Fund Completes $75M Donation to Preserve Privacy

The Unknown Fund claims to have now donated a total of $75 million to groups and companies working on privacy preserving technology. The Anonymous-promoted Bitcoin fund was first detailed in mid-November.The origins of the funds are largely unknown and, of course, the beneficiaries of the donations are also keeping quiet. The secrecy has understandably created...
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Bitcoin Cash will go up post-halving, claims Roger Ver

In a recent interview, Bitcoin Cash’s Roger Ver, hailed by many as “Bitcoin Jesus” in the community, spoke about the use of cryptocurrencies in times of financial crises, the upcoming Bitcoin halving and the challenges cryptocurrencies face today. During the interview, Ver said that he thinks financial crises are not inevitable, adding that they are...
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BRD’s Adam Traidman on New Products, Crypto Adoption, and Banking the Unbanked Into 2020

BC: With over 2 million users in 170 countries, the BRD wallet is well-trusted for its open source, non-custodial and secure design, with many also complimenting the user-friendly interface. Is the key to onboarding in your opinion a combo of privacy and ease of use? AT: Nearly 3 million users now. The key to successful...
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Craig Wright Tries To Wriggle Out Of Paying $658k Legal Fees

Anyone who thought that the lead Satoshi Nakamoto impersonator, Craig Wright, would finally have accepted defeat and scurried off back into obscurity again by now, must be getting increasingly disappointed. Despite losing the well-documented Kleiman case back in August, Wright is still trying to wriggle out of paying the $658,000 legal fees. The (Highly Implausible)...
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Cardano’s founder supports Twitter’s ambition for decentralized social media

Jack Dorsey, the founder and CEO of Twitter, revealed that the company will be spearheading an effort to create an open standard for decentralized social media. The company has created Blue Sky, a small independent team, to build the standard that will ultimately host Twitter, Dorsey said. Charles Hoskinson—Cardano’s founder and ex-Ethereum co-founder showed support...
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Enterprise Blockchain on … Bitcoin? Bitfury Is Giving It a Go With Exonum

“Blockchain, not Bitcoin.” This rallying cry became a hallmark of the 2017 market boom and continued to reverberate in the subsequent cryptocurrency bear market. Entrepreneurs and institutions from every corner of every industry tried to shoehorn blockchains into use cases for everything from pharmaceuticals to bananas.  “Just slap a blockchain on it,” the idea went,...
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Bitcoin Longs Near All-Time High, TD9 Reaches Sell Signal

Long positions taken on Bitcoin on the popular crypto exchange Bifinex are nearing an all-time high, all while the leading cryptocurrency by market cap continues to fall.The post appeared first on NewsBTC
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MATIC COO: Latest dump might have been a reputational attack

The Matic Network’s MATIC token broke Crypto-Twitter recently after its price plummeted by about 70.75% in just three hours. Following the same, a lot of people suspected foul play, with the founder of a cryptocurrency evaluation platform, Validity, Samuel JJ Gosling, alleging that the platform had sent over 1.5 billion tokens worth $70 million MATIC...
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Ethereum locked in DeFi hits all-time high, total deposits up 22,400 percent in two years

The amount of Ethereum locked in Decentralized Finance (DeFi) has hit an all-time-high after one of the most explosive months for deposits on record and is now up 22,400 percent since December 2017. More than a million Ether ($146 million) has been deposited into DeFi products in the last four weeks, pushing the total locked...
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Analyst: Ripple Distribution Almost Complete, XRP Mark Down Could Follow

The cryptocurrency known as XRP, also called Ripple, has been among the worst performing crypto assets throughout the year of 2019.The post appeared first on NewsBTC
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Poloniex Wallets Emptied As Traders Move Coins To Other Markets

Wu Jihan, the co-founder of Bitmain and tech billionaire, returned as Bitmain’s CEO at a recent client meeting. He made a public appearance during a private event last week in Chengdu, China so we are reading further in the crypto news what else has been changed.According to the reports, Wu Jihan appeared during the private...
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Twitter Funds Small Teams To Develop Decentralized Social Media Standard

Wu Jihan, the co-founder of Bitmain and tech billionaire, returned as Bitmain’s CEO at a recent client meeting. He made a public appearance during a private event last week in Chengdu, China so we are reading further in the crypto news what else has been changed.According to the reports, Wu Jihan appeared during the private...
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