By Dmitriy Gurkovskiy, Chief Analyst at RoboForex EOS sales continue, but on Friday, August 23rd, the market mood is too ambiguous. At the end of the week, the EOS is declining, trading at $3.62. Technical Analysis On the daily timeframe, the EOS remains inside the downtrend, the quotations inside the channel. The short-term situation in...Read More
As regulatory pressure continues to mount against Facebook’s proposed cryptocurrency Libra, at least three companies that are part of the governing association of Libra are contemplating withdrawing their support for the much-hyped stablecoin. According to Financial Times, two members of the Libra Association may leave the community altogether. Also, one member is allegedly concerned that...Read More
Tezos is a blockchain project that supports decentralized applications and smart contracts. The platform governs itself by establishing a true digital commonwealth and facilitates formal verification. Apart from smart contract support, Tezos is a self-evolving blockchain project. Tezos protocol undergoes constant development through on-chain governance. This enables the network to grow over time instead of...Read More
Cardano operates under the guidance of IOHK [run by Charles Hoskinson who was an Ethereum co-founder] as well as EMURGO which oversees funding. The Cardano Foundation has a critical role in the advancement of “third-generation blockchain technology”. The Shelley Era will be fully implemented by the end of this year [if everything goes according to...Read More
Bitpay donated $100,000 to the Amazon rainforest charity but it got rejected as it didn’t pass BitPay’s internal checks. Amazon Watch, an organization supporting the Amazon rainforest’s ecology and indigenous peoples, had tweeted regarding this in an attempt to reach out to this person and resolve this issue. Investigating this rejection, it was noticed that...Read More
The controversy around Facebook’s Libra continues as some of its backers are trying to distance themselves from it. At least three of the main supporters have met in private to discuss a potential retreat from the project as the regulations experience strong resistance, as reported by the Financial Times. The severe backlash from politicians and...Read More
Bitmain Technologies, one of the Cryptocurrency mining giant announced that it has placed a new order to buy 600,000 mining machines. As per the reports, part of the machines includes the latest 7nm model, with a hashrate of 50TH/s. Based on the hashrate, Bitmain’s total hash power is expected to jump by about 50% after...Read More
The market chop has continued all week as Bitcoin has oscillated between $11k and the high $9k price ranges. It has not remained in four figures for long but analysts are tending towards bearishness in the short term.Bitcoin Buyers Still Below $10kFrom its low of $9,750 yesterday, BTC recovered to reclaim the $10k level pretty...Read More
Wikipedia co-founder Larry Sanger does not want to develop his decentralized applications atop EOS blockchain. The veteran technologist, who chose EOS to run his decentralized content distribution platform Everipedia, threatened to fire the blockchain project. He criticized EOS for becoming a de facto centralized ledger controlled entirely by the Chinese entities. Stating that Everipedia couldn’t...Read More
A new age of banking is imminent. Legacy models will be forced to follow suit or become obsolete in the eyes of value holders worldwide, as new bitcoin and crypto services take over, seeking to implement blockchain systems with an eye on convenience and financial inclusion. Announcements of stablecoins and exchange services from giants Binance,...Read More
Bhavin Vaghela, Xendpay’s Head of Product Innovation. Photo: Ripple Ripple announced that they went into the partnership with the UK remittance firm Xendpay therefore widening their portfolio made from big companies that are already using Ripple’s product across their payment services – MoneyGram, Standard Chartered Bank, American Express etc. From Xendpay they disclosed what kind...Read More
Problems with Amazon’s cloud service, AWS, are disrupting services at some cryptocurrency exchanges on Friday. The Binance exchange is seeing problems internationally, according to its CEO Changpeng “CZ” Zhao, who tweeted: It’s causing some 500 error messages on APIs and affecting some withdrawal processing — CZ Binance (@cz_binance) August 23, 2019 The KuCoin cypto exchange is...Read More
The blockchain revolution starting with Bitcoin had a great impact on the world, not just because it highlighted the importance of a decentralized financial system, but mainly because it highlighted how distributed systems can put power back in the hands of consumers. A recent study by Placeholder, a New York-based investment firm, compared cost structure...Read More
Binance, a global cryptocurrency exchange, has decided to add MVL Token(MVL) on the exchange platform as per an announcement. The MVL/BNB trading will be opened at 2019/08/23 9:00 AM (UTC) on Binance desktop as well as mobile platforms. If you have ERC-20 version of MVL, you can swap to BEP-2 via this link. MVL is...Read More
The WalletLink feature provides a secure encrypted link connecting the browser to the Coinbase Wallet app and letting users access the DApps from anywhere. Crypto exchange Coinbase has been introducing several products and services to bring convenience and ease-of-use to its customers. The company has recently introduced a new system called WalletLink for the Coinbase...Read More
UK Financial Ltd. and Maya Preferred 223 have announced that their 51% acquisition of Digital Fantasy Sports (DFS) – a gaming currency that specializes in fantasy sports, esports, & casino play, is complete. On the heels of the finalization, the company will be raising the backing amount of gold and silver of each DFS to...Read More
Ending the 10-year history of naming releases after desserts, the company is bailing on providing a codename beginning with a subsequent letter of the alphabet (in this case, Q), which is the way we’ve been referring to Android up to now. This year is Android 10, next year will be Android 11, and so on....Read More
The Litecoin Foundation, the team behind Litecoin (LTC), the world’s fifth-largest cryptocurrency based on its total market value, is currently going through a very difficult time. The Litecoin Foundation recently came up with the threat that donations to the foundation have declined and that the money in the reserves may soon be over. Litecoin Foundation...Read More
According to expert predictions, the Bitcoin dominance registered on CoinMarketCap has been tweaked for liquidity. Forecasting that in reality, the dominance could cripple the survival of Altcoins. As the current value of Bitcoin hovers around $10,000, it’s dominance upsurges in correspondence. According to CoinMarketCap’s estimate as at Thursday, 5th August. BTC dominance was sitting around seventy...Read More
Tezoz Foundation is all set to launch Tezos Satoshi’s Treasure Hunt in collaboration with the alternate reality game, Satoshi’s Treasure. According to the official release by the Tezos Foundation, Tezos Satoshi’s Treasure Hunt is a multi-player game in which players would be able to solve puzzles to receive Tez [XTZ] from a prize pool of...Read More
Recently it was reported that there was a technical problem affecting withdrawals. But the Cryptocurrency Exchange Binance has confirmed user funds are not at risk. Changpeng Zhao, CEO of Binance exchange, claimed that the situation was being resolved on Aug. 23, while funds security was not compromised. CZ explained that the issues was centered on...Read More
We will be analyzing this month’s performance of XLM in order to come up with a Stellar price prediction for the end of August. Short Stellar Description Stellar is a project that was forked from Ripple in 2014 and was created by the programmer from Ripple Labs, Jed McCaleb. In 2015, Stellar Lumens was moved...Read More
The new iPhones, iPads, MacBook Pro, and Apple Watch are all expected by the end of 2019, the report said, whereas the revised AirPods and HomePod could come later. Successors to the two XS models will carry a “Pro” label but the biggest omission from the entire iPhone 11 range is 5G. New report from...Read More
ETC Labs on Thursday announced the addition of North Block Capital, a London-based investment group for digital token capital markets that deliver advisory, capital markets, and asset management services as a part of ETC Labs Incubator program, Studio. North Block Capital has made more than thirty investments since 2016. It has hosted investor events in...Read More
Rwanda’s central bank, the National Bank of Rwanda, is researching how to offer an official digital currency. BNN Bloomberg reported the news on Aug. 22. The central bank is said to be interested in offering digital currency as a means to increase transaction efficiency and foster economic growth. However, Financial Stability Director-General Peace Masozera Uwase...Read More
Cryptocurrency exchange Binance has confirmed user funds are not at risk after a reported technical problem began affecting withdrawals. According to CEO Changpeng Zhao, also known as CZ, the situation was being resolved on Aug. 23, while funds security was not compromised. “Funds are #safu,” he wrote on Twitter, employing a now well-known catchphrase he...Read More
Flipside Crypto in collaboration with TheStreet has published a report detailing the benefits of XRP. The deal with MoneyGram was the main topic discussed. Ripple’s growing influence involving scores of banks across the globe is a clear highlight. xCurrent lets investors send money across borders; xRapid is being used by MoneyGram [one of the largest...Read More
Goldman Sachs-backed crypto startup Circle plans to deploy a $100 million venture capital fund for its equity crowdfunding platform SeedInvest. According to a recent job posting on LinkedIn, Circle is seeking the general partner that will be responsible for raising and managing the fund in partnership with SeedInvest’s senior leadership team. The partner will be...Read More
Many litecoin (LTC) miners working to secure the blockchain and compete for block rewards have been unplugging their machinery following the cryptocurrency’s recent “halving” event, network data shows. Litecoin’s mining difficulty – a coded-in measure of how hard it is to solve the mathematical puzzles used to write blocks on the network – has dropped...Read More
Stellar Soars 100% In Rally Investing.com – Stellar was trading at $15.84462 by 02:21 (06:21 GMT) on the Investing.com Index on Friday, up 99.58% on the day. It was the largest one-day percentage gain since August 23. The move upwards pushed Stellar’s market cap up to $1.31677B, or 0.49% of the total cryptocurrency market cap....Read More
