Not a great day today for cryptocurrency as most markets are seeing a slight decline. That’s only to be expected as we’re at the end of the week. Let’s take a look at some of our favorite cryptocurrencies and see if the charts tell us anything. Stellar Price Analysis (XLM/USD) On the intraday chart, XLM/USD...Read More
Bitcoin bull John McAfee wants to resolve his disagreement with the South China Zombie Research Centre over their “zombie ICO” partnership. | Source: REUTERS/Alexandre Meneghini Bitcoin bull John McAfee wants to resolve his dispute with the South China Zombie Research Centre over their “zombie ICO” partnership. China Zombie threatened to file a $100 million lawsuit...Read More
Cryptocurencies are being widely adopted by many countries across the globe. Curiosity is turning into adoption in many countries as many individuals have started realizing the benefits of digital assets. In Latin America especially, the crypto-trend is gaining momentum. To strengthen its position in Colombia, Paxful has always wanted to diversify its offering. Paxful had...Read More
Regulation has always been a hot topic in the cryptocurrency space, with some governments banning them altogether and others struggling to introduce it in a way that won’t hinder development. While these regulatory bodies seem to have a positive approach towards Bitcoin, Ethereum and other cryptocurrencies, it’s quite the opposite for privacy-focused cryptocurrencies. Owing to...Read More
Binance Coin has surged twice as fast as any other cryptocurrency over the past year, including bitcoin. Here’s why BNB is leading the pack. | Source: REUTERS / Darrin Zammit Lupi Binance Coin suffered one of its worst losses this year on May 7th after hackers took off with 7,000 bitcoins. The heist cost cryptocurrency...Read More
When we talk about an open playing field in the Bitcoin ecosystem, price predictions on the asset’s future generate the most attention. Bitcoin has been around for little under a decade, and the limited time-period often leads to contrasting predictions. Personalities in the space are often predicting the price based on different factors, as the...Read More
Japan’s financial regulator has reportedly given messaging giant LINE a licence to operate the cryptocurrency exchange, BitMAX, through LVC Corporation, the digital asset and blockchain-focused arm of the Japanese company. The exchange will allow users to trade Bitcoin, Ether, Litecoin, XRP and Bitcoin Cash. LINE will be re-using much of the back-end infrastructure from the...Read More
The leading cryptocurrency exchange has revealed new details about its upcoming move to the United States. In a blog post published today, Binance announced that the new Binance.US marketplace will open to North American customers “in the coming weeks.” In the post, Binance promised a “fast, compliant, and secure digital asset marketplace” for traders in...Read More
Over the last few months, there’s been a lot of attention directed toward destinations like Slovenia, North Queensland, Japan, and Venezuela which capture the largest number of bitcoin cash merchants worldwide. Another region that’s seen a massive influx of BCH adoption is Keene, New Hampshire, a place that’s widely known for its lack of taxation,...Read More
The introduction of Facebook’s Libra has been one of the highlights of 2019, but it was not smooth-sailing for the virtual asset. The Facebook-backed stablecoin received collective criticism from government officials, crypto-personalities and a majority of the community, with many questioning its potential use cases and characteristics as a cryptocurrency. In the latest edition of...Read More
Switzerland’s central bank is running scared over its control on monetary policies in the face of stablecoins pegged to foreign currencies. | Source: Shutterstock; Edited by CCN Switzerland’s central bank is fretting over the possibility of stablecoins pegged to foreign currencies eroding its ability to use its monetary policy tools effectively, further complicating the path...Read More
It may be the official end of summer, but this week has been a bumper one for the Bitcoin price. Spot markets appear to be reacting to bullish news that institutional involvement is increasing. A SIMETRI Research analysis (below) highlights that if Bitcoin successfully passes $11,000, the market might see a retest of $15,000. Following...Read More
Friday is turning into the greenest day of the week for most of the crypto market. After successfully holding its gains yesterday, Bitcoin is now continuing its run towards $11,000. The altcoin landscape is even more interesting, with several strong outliers in a fairly green sea. And then there’s the rogue wave from Augur –...Read More
Bitcoin could be on its way to $20,000 next year if a historical trend repeats itself once again, according to crypto trader Josh Rager. | Source: Shutterstock Crypto trader Josh Rager is a noted bitcoin bull known for his ambitious price targets. He is now predicting that the price of the flagship cryptocurrency could surge...Read More
Bakkt announced that it is opening a Warehouse. Its potential clients are those customers willing to deposit Bitcoin as well as withdraw it. It seems that the company is preparing for the introduction of its futures. Today Bakkt opened its long-awaited Warehouse for customer Bitcoin deposits and withdrawals. As they said in their tweet: Today...Read More
This blockchain projects may stay out of your radars since not all of them were actively advertised. However, we can say with confidence that these projects are worth paying attention to in 2019. It is always necessary to keep abreast of trends that occur in the cryptocurrency world. Many crypto advocates and traders called the...Read More
Someone just moved $1 billion in bitcoin to an unknown wallet. | Source: Shutterstock On September 6, more than $1 billion worth of bitcoin was sent from an unknown wallet. The transaction was processed within several hours with a $700 fee. A $1 billion bitcoin transaction processed with a $700 fee (source: blockchain.com) The Token...Read More
Facebook’s crypto scheme appears to have spurred regulators to take the social media giant’s privacy scandals more seriously. | Source: REUTERS / Aaron P. Bernstein Following reports earlier today that dozens of state attorney generals were set to officially commence antitrust investigations into Big Tech behemoths Facebook and Google, New York Attorney General Letitia James...Read More
Institutional investors are paying high premiums for shares of the Grayscale Bitcoin Trust (GBTC), which allows them to bet on Bitcoin (BTC) without holding the asset itself. GBTC is an investment vehicle which tracks the spot price of Bitcoin, providing investors from mainstream finance with a familiar means to gain exposure. At the time of...Read More
Bitcoin has most of its wealth creation still to go and could top a giant $1 trillion in market cap in just six years, new analysis claims. $1 Trillion Bitcoin Doesn’t Need Parabolic Trend Published last week, the forecast by Blockchain investment advisory resource, Byte Tree, suggests that even with conservative growth, Bitcoin will achieve...Read More
Bitcoin’s price, which was stuck in a limbo, is facing a tipping point. If the volume is high and the price continues to trend higher, the bulls are back in action. However, if the volume is not enough, BTC prices will face uncertainty, just as Schrodinger’s cat did. In yesterday’s article, Bitcoin’s daily chart presented...Read More
About $1 billion worth of Bitcoin was moved yesterday in a single transaction, sparking reactions on Twitter and other social media sites. TokenAnalyst went deeper and found that a significant share of sending addresses point to crypto exchange Huobi. 94,504 Bitcoin Reaches a Single Address On Thursday, Twitter user Whale Alert announced that 94,504 Bitcoin...Read More
The Swiss National Bank (SNB) is afraid that digital currencies like Facebook’s Libra might impede the central bank’s capability to initiate and implement monetary policy. This is the conclusion of Thomas Jordan, chairman of SNB’s governing board. Libra Might Impair SNB’s Monetary Policy While the discussions around Libra tailed off, the SNB chairman found it...Read More
A $1 billion Bitcoin (BTC) transaction became conspicuous because its sender spent far too much on fees. Some are guessing at the origin and destination of the funds with some believing it’s tied with Bakkt. There was a $1 billion Bitcoin (BTC) transaction whose sender spent a bit too much on fees. Social media users...Read More
According to Gemini, off-exchange or OTC trades on the new Gemini Clearing platform can be carried out both between two parties or through third-party brokers. Cryptocurrency exchange Gemini has come up with a new digital clearing and settlement solution. Named Gemini Clearing, the new service allows traders to negotiate off-exchange or over-the-counter (OTC) crypto trades...Read More
With this move, Paxos plans to democratize the gold trading process by leveraging the power of blockchain technology. The Pax Gold (PAXG) token will make Gold mobilization absolutely easy. Popular stablecoin issuer Paxos has now planned to digitize the most-precious metal gold. Bridging the gap between the gold investors and crypto enthusiasts, Paxos unveils a...Read More
Bitcoin is looking at a fresh yearly high if support sticks, analysts have claimed. | Source: Shutterstock Since September 2, within four days, the bitcoin price has recovered from $9,500 to $10,700, rising by well over 10 percent against the U.S. dollar. The bitcoin price on a steady recovery since early September (source: coinmarketcap.com) As...Read More
Blockchain technology is gaining ground in the global energy sector. Following the success of Vakkt, the world’s first energy blockchain, China’s Sinochem and strategic partners are looking into the development of energy blockchain as well. A subsidiary of Chinese State Oil Group Sinochem, Royal Dutch Shell, and Macquarie Group are set to build a blockchain...Read More
Some new cryptocurrency fundraising tools which should have “replaced” initial coin offerings (ICOs) have already failed and may never recover. STOs Have ‘Dropped Off The Map’ That was the conclusion of fresh research which studied cash injections in the cryptocurrency and Blockchain sphere for the month of August. Published by ICO research firm Inwara, the...Read More
Ever wanted to ramble like Trump on Twitter while wearing the latest celebrity outfit and curing your child’s pneumonia? With SingularityNET’s new version of the Beta Marketplace, blockchain AI can help you with that. The project is an AI-as-a-Service provider, offering a decentralized marketplace for purchasing various AI services – applications performing specific functions through...Read More
