Cryptocurrency

Harvey Partners Position in Acuity Brands (AYI) Has Lowered by $996,000 as Share Value Declined; As Bank Amer (BAC) Share Price Rose, Manatuck Hill Partners Has Lifted by $389,853 Its Stake

Harvey Partners Llc decreased its stake in Acuity Brands Inc (AYI) by 47.98% based on its latest 2019Q1 regulatory filing with the SEC. Harvey Partners Llc sold 8,300 shares as the company’s stock declined 7.00% . The hedge fund held 9,000 shares of the building products company at the end of 2019Q1, valued at $1.08...
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XRP/USD pair trades on low volatility

The price of Ripple (XRP) is up by 1.34% in the last 24 hours, although trading remains in the descending channel. Ripple’s XRP bulls seemed to be assuming control of the market following the recent price increase In the last 24-hours, the entire crypto market has seen a little shake-up, making the top coin projects...
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3 Reasons Why Bitcoin Price Hasn’t Returned to $13,000

Despite the promises of crypto analysts and institutions like Goldman Sachs, Bitcoin price continues to hover around low 5 figures. What’s going on? After struggling to hold above the $11,000 point earlier this week, Bitcoin price, at last, succumbed to selling pressure and dropped below $10,000 for the second time in three weeks. Prior to...
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Stellar Fights 43 Live Results

Stellar Fights, Delawares premier MMA promotion, returns with a stacked card from top to bottom with some of the regions top amateur talent. Stellar Fights 43 returns to Harrington, Delaware at the Delaware State Fairgrounds Exhibit Hall for a night of fights that won’t soon be forgotten. Headlined by two Baltimore natives, Brandon Johnson (Baltimore...
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Blockchain Investors Have New Criteria For Funding Decisions: “Revenue Generation”

Blockchain investors’ tastes are changing, it appears. A new report reveals some interesting numbers regarding the quantity of money flowing into blockchain since 2013, with more than $23 billion mostly piling into early-round investment. A shift is taking place in terms of which geographic regions and vertical segments of the industry are seeing investment beyond...
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Facebook Contractor Spies on Horrified Moderators. When Does It End?

A Facebook partner is spying on its own traumtized content moderators, giving us even more reasons to distrust Mark Zuckerberg’s company. | Source: AFP PHOTO / Brendan Smialowski Facebook released a video last year apologizing for its data misuse that likely swayed the 2016 election. It ends by saying “if this place does what it...
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StarkPay Offers an Improved Lightning Network Solution on Ethereum

Making cryptocurrency and blockchain payments more viable remains an ongoing battle. Bitcoin’s Lightning Network offers some relief, yet opinions on this technology remain somewhat divided. StarkPay is a new solution which aims to provide scalable and non-custodial blockchain payments to everyone. The bigger question is if all of this is even viable when looking at...
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China’s Digital Fiat Currency Is Not A Real Cryptocurrency

As the latest cryptocurrency news this month hinted, China may be about to launch a fiat digital currency with which the country will probably compete with Bitcoin. However, the expert analysts found that China’s digital fiat is not actually a real cryptocurrency and will only resemble one on the surface. Aside from this, the coin...
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Will Growing Interest from China Propel Bitcoin’s Price Higher?

Bitcoin (BTC) has incurred a significant amount of volatility as of late which was perpetuated yesterday by news regarding the release of Bakkt’s physically settles Bitcoin futures product, which many investors view as a bullish development for the entire markets.In addition to this, growing interest from China may help Bitcoin’s price climb higher in the...
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Ethereum: ProgPow will be activated on the mainnet next year as a part of Istanbul 2

Ethereum is currently focused on upcoming hard fork Istanbul. However, this upcoming hard fork will not include the most-talked-about Ethereum Improvement Protocol, ProgPow. The main reason behind this move can be attributed to the security audit of the protocol. ProgPow has been one of the most-awaited upgrades as the protocols aim to tackle ASIC mining....
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Mysterious BTC User Claims He Is Hodling $10 Billion In Bitcoin

One mysterious BTC user is all over the best cryptocurrency news sites recently for claiming that he is “the real Satoshi Nakamoto” and that he has around $10 billion in Bitcoin. He also vowed to reveal himself as the true inventor of Bitcoin over the next few days. The “real” Nakamoto also claims that he...
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QuadrigaCX Users Demand Details On How EY Lost 103 Bitcoins

The users of the now defunct cryptocurrency exchange from Canada, QuadrigaCX, are requesting further information about the recent loss of 103 Bitcoins (BTC) which occurred during the recovery of the funds. The QuadrigaCX users, as the altcoin news show, are concerned and want to know how the Bitcoins with value of $468,675 to cold wallets...
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Coinbase: Institutional Folks Buying $200-400M Worth Crypto A Week

Brian Armstrong talked about institutional investors in the cryptocurrency space on Twitter earlier this week, saying the question of whether or not institutions will adopt cryptocurrencies has been answered. Coinbase is reportedly seeing hundreds of millions of dollars per week pouring in from legacy financial institutions. Custody Woes The main issue cited by institutions looking...
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Changpeng Zhao says Binance U.S. could launch in two months

Changpeng Zhao, the CEO of Binance, said that the company could launch Binance U.S. within the next two months. Binance could enter the U.S. earlier than expected The world’s largest cryptocurrency exchange by trading volume will be re-entering the U.S. market as a fully regulated and legally compliant company this year. The Malta-based Binance announced...
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Bitcoin Price Analysis: Higher Lows Test Bullish Resolve

Summary: After a very strong round of selling that dropped the price almost $2,000 in just a couple of days, the market managed to find support at an important macro level. The support rally marked a third, higher high for our current market and it rallied on very high volume and spread. The market is...
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Craig Wright’s Motion to Dismiss Lawsuit Rejected Over Lack of Credibility

U.S. District Court Judge Beth Bloom has rejected Craig Wright’s motion to dismiss a lawsuit against him, primarily based on a perceived lack of credibility on his part. Craig Wright, the creator of Bitcoin Cash fork Bitcoin SV and the self-proclaimed true identity behind Satoshi Nakamoto, the pseudonymous creator of Bitcoin, has long been a...
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Bakkt Sets September Launch Date for Bitcoin Futures

Bakkt has announced that it will be launching its bitcoin futures trading platform in September 2019.  In a blog post published on August 16, 2019, the cryptocurrency trading company announced that its long-anticipated futures product will be going live on September 23, 2019, following approval to create a qualified custodian trust company from the New...
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South Korean Crypto Exchange Coinone Releases Criteria for Crypto Listing

South Korean cryptocurrency exchange Coinone has released a set of criteria for digital currency projects to be listed on the exchange. South Korean cryptocurrency exchange Coinone has released a set of criteria for determining whether to list new digital currency projects on the exchange. In a blog post published on Aug. 8, Coinone described nine...
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Australian tax Authority Warns Retirees Against Risky Cryptocurrency Investments

In a bid to remind 18,000 retirees under Self Managed Super Funds (SMSFs) of their legal duty to invest their retirement savings cautiously, the Australian Tax Office (ATO) has begun sending stern letters to some of these individuals whom have chosen to spend over 90 percent of their retirement savings in a single asset class...
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New Zealand Rules for Crypto Salary — Have Hopes Been Answered?

The national tax authority of New Zealand, the Inland Revenue Department (IRD), has recently published binding rulings and guidance for salaries and bonuses paid in crypto, made under s 91D of the country’s Tax Administration Act of 1994. This ruling applies only to salary and wage earners and not to self-employed individuals, and only for services...
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Ethereum’s bear market to extend further as token breaches major pattern

2018 was a year to forget for the virtual asset industry. A majority of the assets were impacted by crypto winter which had prevailed after the bullish run in late 2017. In light of that situation, 2019 has been a positive year for digital currencies. Ethereum improved its valuation by almost 45 percent at press...
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XRP may enjoy only a brief respite after price rise, as bears march towards it

The future belongs to those who prepare for it, and the long term of XRP demands preparation for a fall. The coin’s performance in the bull’s market has been bearish and with the fall of Bitcoin, the coin also registered a fall on August 14. Despite several tries, no relief was in sight for the...
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Litecoin to break out of the broadening wedge; on course for correction if support holds

Digital silver has not had the best couple of weeks. With anticipation about its block halving raising its price by over 300 percent in 2019, the event itself saw bearish price movement. Litecoin, after reaching a high of over $140 in price two months prior to the halving, has seen a slump since. At press...
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Bitcoin: This Research Proves the New Boss Is Same as the Old Boss

If just 0.023% of Bitcoin addresses hold 50% of the total wealth, isn’t the new boss turning out to be a lot like the old one? | Source: Shutterstock By CCN Markets: Research released by blockchain analysis group PARSIQ this week did much to weaken Bitcoin’s image as a global freedom currency. The findings detail...
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Crypto Tidbits: Bakkt’s Bitcoin Futures, Coinbase & Xapo, IRS Cryptocurrency Crackdown

Another week, another of Crypto Tidbits. While this week was crazy bearish for the Bitcoin price, the fundamental developments seen made up for the market collapse. Bakkt revealed that it will be finally launching its Bitcoin futures product; Coinbase made a large acquisition of a facet of Xapo; and Binance revealed that it will be...
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Passing the Burden of Negative Rates to Bank Clients Opens Door for Cryptocurrencies

Record low and negative interest rates have put commercial banks in a difficult spot. Across Europe, they have been passing the burden to their clients. Some have introduced fees for those with large account balances, while others are punishing everybody equally. In any case, some bankers fear this could lead to withdrawal of large amounts...
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Hubii’s Nahmii Announces IEO and First Member of Governing Board

Ethereum-based layer-two blockchain scaling platform nahmii has onboarded the Norwegian Block Exchange (NBX) as the first member of its governing association, according to a press release shared with Cointelegraph on Aug. 16. Created by Hubii, nahmii is designed to solve the transaction speed issue on the Ethereum network, which can reportedly manage only 15 transactions...
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Can Elvis Save Netflix? Content Streamer Shows Signs of Desperation

Netflix seems to be getting increasingly desperate with its choices for original programming. Do we really need an Elvis Spy series? | Source: (i) AP Photo, file (ii) Shutterstock; Edited by CCN By CCN Markets: Netflix is facing increasingly intense competition from multiple other streaming services. Whereas Netflix once seemed to be creating high-quality, intelligent,...
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Ethereum Classic Name Change Would Get Other Cryptos ‘Rekt,’ Says Dev

Ethereum Classic Labs’ Stevan Lohja says that many top cryptos would be “rekt” by Ethereum Classic (ETC) if it removed “Ethereum” from its name. In a tweet posted on Aug. 11, Lohja — who works as technology coordinator at Ethereum Classic Labs — wrote: “Opinion: Many #cryptocurrency in the top market cap would be absolutely...
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Chinese Digital Currency Will Not Be Cryptocurrency After All

Photo: Pixabay Last week we reported how China is preparing their own digital currency dubbed CBDC after five years they have been working on it. However, after the analysis of over 50 patent applications that were filed by the People’s Bank of China, it has become clear that the pattern of this digital currency will...
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