Cryptocurrency

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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Cardano Price Down 5.1% This Week (ADA)

Cardano (CURRENCY:ADA) traded up 4.7% against the U.S. dollar during the 24 hour period ending at 8:00 AM E.T. on August 17th. One Cardano coin can now be bought for $0.0477 or 0.00000460 BTC on cryptocurrency exchanges including Cryptohub, Bitbns, ABCC and Gate.io. Cardano has a market capitalization of $1.24 billion and approximately $40.09 million...
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Mike Munro reveals he suffered beatings at the hands of his closet alcoholic mother as a child

‘She’d go into the bathroom and come out and hit me’: Veteran journalist Mike Munro reveals he suffered beatings at the hands of his closet alcoholic mother as a child By Marta Jary For Daily Mail Australia Published: 14:51 BST, 17 August 2019 | Updated: 15:21 BST, 17 August 2019 Mike Munro has revealed that...
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LTC Price Falls below $75 in the Last 24 Hours

LTC has been down by 1.03% over the last 24 hours, and with four major price swings, the value of each coin has been traded from 76.32 USD to 74.28 USD. Here is an analysis of the Litecoin price movement. Current Statistics of Litecoin Litecoin (LTC)                          17th August 05:02 UTC Rank 5th ROI (Return on...
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Mystery ‘Satoshi Nakamoto’ Claims He’s Hodling $10 Billion in Bitcoin

Move over, Craig Wright! The “real” Satoshi Nakamoto vows to reveal himself this week and claims he’s hodling 980,000 bitcoin. | Source: Shutterstock By CCN Markets: Move over, Craig Wright! The “real” Satoshi Nakamoto vows to reveal himself as the true inventor of bitcoin over the next few days. What’s more, the “real” Nakamoto claims...
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Will regulators stand united or divided against Facebook’s Libra?

Can the unstoppable force move the immovable object?  Since the dawn of time, innovation is viewed from two different perspectives. One from the perspective of the innovator, and the other from the perspective of the innovation enforcer. With the world moving at such a fast pace, the unwritten rule is:  innovate or perish, and in...
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Singularity Studio Signs Memorandum With People’s Insurance Company Of China’s Fintech Arm

Singularity Studio, the for-profit spinoff of the SingularityNET project, a decentralized AI services marketplace, has signed a “Strategic Cooperation Memorandum” with PICC Financial Services, a Fintech-focused subsidiary of the state-owned People’s Insurance Company of China.  The partnership was signed to develop AI and blockchain-based fintech solutions, with PICC FS delineating a detailed plan for the...
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Chainzilla and Pundi X to Enable Retail Bitcoin Payments in Panama

Cryptocurrency startup Pundi X announced that its point-of-sale payment gateway (XPOS) will soon be launched in Panama and its surrounding regions. Blockchain development company Chainzilla joined the initiative as a local distributor. Combining cryptocurrency and traditional payments in one terminal On Aug. 14, Cointelegraph in Spanish spoke with Chainzilla CEO, Charles Gonzales, to find out...
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Bitcoin worth $180 million transferred between wallets in different transactions

The market experienced a surge in the number of transactions occurring between unknown wallets, as Bitcoin maintained its position above the $10,000 mark. The king coin was priced $10,413.87 at press time with a jump of 3.30% over the 24-hour cycle. As the crypto-market joined the bullish ride, the transfer of crypto coins also surged...
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This ICO Startup Didn’t Die During Crypto Winter. It Has DAI to Thank

The Takeaway: Monolith turned a $16.9 million ICO into $25 million-worth of assets by riding the bull market of 2017 then taking out DAI loans. This DAI strategy is increasingly common among ethereum-centric startups. MakerDAO and Monolith are now collaborating to connect DeFi loans to a European Visa debit card. Ether fans can spend crypto...
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QuadrigaCX Users Request Details on How EY Lost 103 Bitcoins

Creditors of now-defunct crypto exchange QuadrigaCX are requesting information concerning the recent loss of 103 Bitcoins during the funds’ recovery. Users of now-defunct Canadian cryptocurrency exchange QuadrigaCX are requesting further information concerning the recent loss of 103 Bitcoins (BTC) during the funds’ recovery. An unfortunate loss As Cointelegraph reported in February, one of the Big...
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Litecoin stands on the brink of key support-test; failing which a breakout looks bleak

Digital Silver, despite being the third-largest gainer in the top-10, in 2019 alone has been on a bit of a slump. Following its block halving at the start of the month, the 5th largest cryptocurrency on the market has lost 49 percent of its price since late-June when it was priced at $144. To put...
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TronWallet Play available for Desktop with Ledger Integration

TronWallet Play, the desktop version of TronWallet is ready to be released as stated in the official announcement. With the popularity of TronWallet, native mobile App for Mobile Wallets, the company were seeking new opportunities to introduce it for the desktop too.  After starting a beta program 3 weeks back. The desktop version comes the...
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Stellar Dips Below 0.06901 Level, Down 0.79% By Investing.com

Stellar Dips Below 0.06901 Level, Down 0.79% Investing.com – Stellar fell bellow the $0.06901 level on Saturday. Stellar was trading at 0.06901 by 06:45 (10:45 GMT) on the Investing.com Index, down 0.79% on the day. It was the largest one-day percentage loss since August 15. The move downwards pushed Stellar’s market cap down to $1.35875B,...
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South Korea’s ‘Bit-Island’ Jeju Announces New Blockchain Initiative

South Korea’s “Bit-Island” Jeju announced the Blockchain Hub City Development Research Service on Aug. 13. An island with blockchain ambitions Local news outlet JejuDomin reported on Aug. 14 that Jeju announced the Blockchain Hub City Development Research Service on Aug. 13. Furthermore, the author of the report stated that cloud services provider Tilon will carry...
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Bitcoin Price Analysis: BTC Shows Strength Following Bakkt’s Launch News, Last Buy-Opportunity Below $10,000?

In our last Bitcoin price analysis, we mentioned the ‘last hope’ for Bitcoin. Good news for the bulls: the Doji candle on the 4-hour chart maintained the price above the significant 4-hour ascending trend-line (marked in bold yellow). In the following day, we saw Bitcoin retesting the line, again getting supported upon the significant news...
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Ladbrokes Review: Gamble And Earn Huge Profits

Ladbrokes is a London-based bookmaker that was set up at the turn of the 20th century, making it one of the oldest bookies in the market. It is one of the leading names in the international betting industry with more than 2700 running outlets for betting across the UK, Ireland, Spain, and Belgium with over...
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Global Staffing Firm Turns To Blockchain With New Partnership

If you are an avid follower of our latest cryptocurrency news, you probably know that smartphones have blockchain capabilities nowadays. This is the relatively new and latest invention in this field – and IMpulse K1 is a new smartphone that raised the bar higher, providing additional protection to user’s data. In times when blockchain smartphones...
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Cringeworthy DOOM Movie Trailer Looks Like a Student Film Project

The second trailer for DOOM: Annihilation just dropped, and this cringeworthy movie looks like a low-budget student film project. | Source: Universal 1440 Entertainment/YouTube By CCN Markets: Did you know there’s a movie adaptation of the classic video game DOOM on its way? You probably didn’t. We don’t blame you for it, and we apologize...
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Crypto Laws In Europe Are About To Tighten Up This Year

The latest cryptocurrency news show that the crypto laws in Europe are about to tighten up. We can see that the European Union is ready to gradually tighten up the guidelines in the crypto space – in a time when Bitcoin and many altcoins are volatile and susceptible to any changes in terms of regulation....
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XRP’s chart indicates return of a bullish pattern. Could the price of the coin re-visit $0.76?

The XRP’s price might have taken a hit over the past few days falling the Bitcoin dump. The coin has been moving towards stabilizing its price, but with the bears in the market, the recovery has been difficult. The short term prediction point towards a fall and rise trend in XRP’s price, while the long...
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Market With Mixed Signals As Ether And Bitcoin Record Minor Gains

At press time, we can see that Bitcoin is trading at $10,430 which represents an increase of more than 4% on the day. The altcoin news, on the other hand, show that the price of Ether (ETH) has also recovered and is staying away from the red zone. This marks a market with mixed signals...
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Rupiah Token Issued IDRTB Stablecoin on Binance Chain

Rupiah Token, on the event of Indonesian 74th Independence Day, announced IDRTB to be introduced on Binance Chain. With this, IDRTB will be the first ever non-USD Asian Currency to be listed on Binance Chain. In addition, they plan to introduce IDRTB as a currency exchange pair on Binance DEX.  After the launch of IDRT...
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BTC & XRP Both Are in Negative; Early Recovery Seems Unlikely

Bitcoin is down by 0.22%, and Ripple lost 0.94% in the last 24 hours. Both the coins may take more than usual time to see a recovery. BTC and XRP, as two of the high ranked coins, have not been able to yield any significant growth over the last 24 hours. However, Bitcoin price got...
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Mid-Week Bitcoin Dump Not Caused By Chinese Ponzi: Researcher

Wednesday’s Bitcoin flash crash was not due to a sell-off from Chinese ponzi scam, PlusToken, a researcher has claimed. Sid Shekhar, the co-founder of London-based, TokenAnalyst, said the disputed coins were moved earlier on the blockchain. We Can All Relax, It’s A False Alarm As Bitcoinist reported on Thursday, cryptocurrency influencer, Dovey Wan, brought the $3 billion...
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