November 22, 2019
Bitcoin to replace fiat currency? “The Apples, Googles — the world’s largest companies — are using U.S. dollars still. When they switch over to Bitcoin, we can have that conversation.” — Vinny Lingham
November 22, 2019
It was a matter of time until Coinbase extended the functionality of Tezos staking on a much larger scale. It now seems that the company has made its first move in this regard. On Twitter, a message confirming Coinbase Custody will become an international staking service, was provided this week. Coinbase Custody Goes International This seems to confirm the support for Tezos staking has been a big success. Initially, this feature was only available to customers in select regions, which is far from ideal. While Coinbase Custody is still transitioning, it is expected this move should be completed fairly quickly. This also seems to confirm the company will support additional currencies with staking capabilities in the very near future. As one would expect, a lot of cryptocurrency enthusiasts are quite pleased by the news. This is despite there still being […]
November 22, 2019
Luke Vanna and the Bitcoin.com car are competing for top honors in the Australian Toyota 86 Racing Series. Sports partnerships like this can introduce cryptocurrency to new audiences as well as attract more businesses to join the ranks of the many merchants already accepting bitcoin cash across the country. Also Read: Bitcoin.com to Launch $200 Million BCH Ecosystem Investment Fund Bitcoin.com in Australian Toyota 86 Racing Series This weekend, Luke Vanna will be competing in a car exclusively branded with Bitcoin.com’s logo and colors in the final round of the Australian Toyota 86 Racing Series at Newport. The Australian racer currently sits fifth in the championship rankings, and could potentially move into the top three this weekend with 300 points up for grabs. He continually places high in Australian racing ranks, and maintains a steady social media following. These factors […]
November 22, 2019
A bottom may be close for Bitcoin following a steep drop to $7,000
November 22, 2019
Swing traders are watching closely as Bitcoin and many altcoins are deeply oversold and a sharp relief rally could occur over the next few days
November 22, 2019
Grayscale says that its diversified crypto fund will launch for public trading soon — a supposed first in the U.S. — following regulatory approval
November 22, 2019
Digital currencies can shift some functions usually performed by the government to the private sector, the U.S. Deputy Treasury Secretary argued
November 22, 2019
CFTC chairman Heath Tarbert says that the authority does not want to snuff out innovation by overregulating crypto
November 22, 2019
Morocco aims to expand access to financial services through the integration of blockchain in the country’s finance sector
November 22, 2019
Starting in spring 2020, the Bavarian state government will use blockchain technology to test forgery-proof training certificates
November 22, 2019
For months on end, Hong Kong has been the scene of intensive confrontation between pro-democracy activists and its Beijing-supported government. It now seems the financial establishment has taken a side in this conflict. Banking giant HSBC has decided to close an account used to support the protest movement in the special administrative region of China. Also read: Economic Turmoil in Hong Kong Escalates as Colonial-Era Law Is Imposed Account Collecting Donations for Demonstrators Suspended The corporate account was closed earlier this week after HSBC found that the actual activities it was being used for did not match the business purposes stated by the client, The Prime Management Service Ltd. According to local press, the suspension comes after the bank asked the account holder last month to withdraw the balance within 30 days. The account has been collecting donations for a […]
November 22, 2019
Harvard University’s Digital Currency Wars simulation considers a hypothetical future crisis scenario involving a DPRK nuke purchase facilitated by a digital yuan
November 22, 2019
The Tunisian CBDC situation has been a mess. It started with fake reports run by Russian media, possibly caused by a Russian startup exaggerating its partnership with the Tunisian government
November 22, 2019
Tezos has partnered with Singapore-based Tribe platform to jointly launch a training program to attract more developers to create Tezos blockchain-based solutions
November 22, 2019
Digital currency prices have been dropping in value this week and on November 21 the entire cryptoconomy fell below $200 billion. At the moment, most cryptocurrencies are down between 4-12% in the last 24 hours and 10-25% over the last seven days. Traders are currently pondering what will happen next as prices haven’t been this low since May. Also Read: The Bank of Google Wants Your Spending Data Crypto Markets Swim in a Sea of Red Crypto market prices have dropped substantially this week with much of the losses occuring in the last 48 hours. At the time of writing, the entire cryptoconomy is hovering around $195 billion after dropping below the $200 billion mark this morning. Global trade volume is flat with only $23.4 billion in crypto swaps in a 24-hour period. Right now BTC is swapping for $7,075 […]
November 22, 2019
The CertiK Foundation is about to launch the Testnet 3.0 open beta for CertiK Chain
November 22, 2019
Experts believe new legal statement on crypto will help London keep its crown as the epicentre of the financial world, “The UK was, is, and will be the leading financial center of the world.”
November 22, 2019
Alibaba’s filmmaking arm Alibaba Pictures signed an agreement with SingularDTV to tokenize the distribution rights of its new movie
November 22, 2019
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Friday, November 22nd, the XRP keeps declining, trading at the minimum since September 30th — $0.2395. On H4, XRP/USD demonstrates the development of a downtrend after a test of the long-term resistance level. The aim of the current trend is the fractal minimum of $0.2100. We should especially note the dynamics of the MACD which is forming a convergence. In our case, it signifies a slow-down of the trend and a decline to the target level. Speaking about a pullback, it should be signaled by a breakout of the resistance line, which is currently at $0.2495. The breakout of the resistance line may let the quotations rise to the broken support line which has become the mid-term resistance level. The aim is at $0.2868. On H1 of the chart and the Stochastic, […]
November 22, 2019
The Human Rights Foundation has published its analysis of major stablecoins’ privacy tooling and censorship resilience, stating that stablecoin privacy is “extremely lackluster”
November 22, 2019
For those long involved in the crypto space, it’s easy to forget just how overwhelming and mystifying the world of bitcoin was when first encountered as a fresh-faced neophyte, unable to tell the difference between a bitcoin and a blockchain, or even what a private key was. In that interest, it stands to examine 7 common myths surrounding the permissionless digital asset, to help disperse some of the troublesome fog that can obscure the true nature of crypto for beginners. Also Read: Here Are Some Fun Things to Do With Bitcoin Cash The Nature of Myths Myths and works of fiction aren’t powerful unless they contain some element of truth in them, or point to some deeper reality. In much the same way, myths and common misconceptions surrounding bitcoin and crypto often find their basis in real life situations or […]
November 22, 2019
Bitcoin is crashing in real-time and nothing can stop the market from experiencing new lows. The price has finally reached its pre-Xi comments levels, though the bears are so strong that it has already broken below those levels. Bitcoin Dangerously Close to Breaking Below $7k Bitcoin has recently broken below the $7,500 level for the first time since October 25. On that day, the cryptocurrency started the craziest short-term rally it has ever had, being driven by Chinese President Xi Jingping’s comments endorsing the blockchain technology. However, it seems that investors overreacted and rushed to price in the Chinese optimism, but it was too early to do so. Now they’re paying the price, and it seems that bears don’t want to go away. BTC is now trading at $7.246 at the time of writing, but everything is happening so fast […]
November 22, 2019
EIF launches blockchain and AI-specific investment scheme
November 22, 2019
China seeks to reinforce the crypto trading ban
November 22, 2019
Two men have stolen $4,000 from a Bitcoin ATM in a small-town grocery store, but left $50,000 behind in an overlooked canister
November 22, 2019
Bitcoin should logically return to $1K, says gold bug Peter Schiff
November 22, 2019
There have been countless red Fridays over the past few years and bitcoin has died countless times according to mainstream media. Today is looking pretty grim with a $10 billion slump in total crypto market capitalization and BTC plunging through support … but we’ve seen it all before. Another Bitcoin Obituary Every year since the inception of bitcoin it has died if the mainstream media is to be believed. A sharp decline in price sends out waves of irrational panic as day traders and those looking for a quick buck scrap their satoshis en masse. Investors on twitter such as Stephen Cole were quick to point out that there is no real need to panic as this has all happened before … more than once. So that’s the end of Bitcoin then-Forbes 2011, $15 Bitcoin headed to the ash heap-USA […]
November 22, 2019
International institutional clients are eligible for Coinbase Custody’s staking services as of this week
November 22, 2019
Shenzhen lists 39 crypto exchange in line for shutdown
November 22, 2019
Bitcoin cash price is declining and it recently broke the $238 support area against the US Dollar. The price is struggling to recover and it seems like it may even break the $215 support. There is a key bearish trend line forming with resistance near $240 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair remains at a risk of more losses towards the main $200 support area. Bitcoin cash price is tumbling below $238 and $220 against the US Dollar. BCH/USD is likely to test the $200 support area, where the bulls might take a stand. Bitcoin Cash Price Analysis In the past few days, there was a steady decline in bitcoin cash price after it failed to break the $300 resistance area against the US Dollar. BCH price broke many supports near the […]
November 22, 2019
A new cash-settled version of Bakkt’s monthly Bitcoin futures contract will launch on Dec. 9, ICE has publicly confirmed
November 22, 2019
Things are not looking rosy for Chinese bitcoin mining giant Canaan after day one of trading and they could get far worse today. BTC has dumped almost 4.5% in 24 hours and crypto markets have shed $10 billion in total so a red Friday is about to begin. Mining Shares End Flat on Day 1 The long-awaited IPO for Chinese crypto mining hardware manufacturer Canaan kicked off with a $90 million listing. Bloomberg reported that the Hangzhou based firm sold 10 million American Depository Shares (ADS) for $9 apiece on Wednesday. An ADS is a USD denominated equity share of a foreign-based company available for purchase on an American stock exchange. The valuation was way less than the $400 million slated by the company in October in Hong Kong. Additionally, its lead underwriter, Credit Suisse Group, pulled out before the […]
November 22, 2019
The Cypherpunk Bitstream podcast hosted by cryptoanarchists @thefrankbraun and @TheRealSmuggler has just released its second episode. The show compassionately reaches out to those listeners tired of the coercive “statist-quo” and explores how anyone can use cryptographic technology and philosophy to reclaim the vital and precious privacy hijacked by an ever-expanding surveillance state. Also Read: The Many Facts Pointing to Hal Being Satoshi Cypherpunk Bitstream 0x01: Cryptoanarchy The second episode of the new Cypherpunk Bitstream podcast, Cypherpunk Bitstream 0x01: Cryptoanarchy, is where the hosts get down to brass tacks and begin discussing the nitty gritty of the cryptoanarchist philosophy, its technological background, and its uses in fighting invasions of privacy and avoiding the coercion of the state. Broadcasting from a self-made temporary autonomous zone in Berlin, the pair introduce the philosophy and movement with @TheRealSmuggler stating: Anarchy is the absence of […]
November 22, 2019
R3 CEO David Rutter has ridiculed the way Facebook introduced its yet-to-be-released Libra stablecoin
November 22, 2019
Cypherpunk Holdings has completed an equity investment worth $337,500 in zkSnacks, the firm behind the privacy-focused crypto wallet Wasabi
November 22, 2019
Blockchain analytics firm Chainalysis sacks 39 of its employees with an eye to profit margins
November 22, 2019
It is crucial for any cryptocurrency trading platform to keep expanding whenever possible. That applies as much to Binance as it does to any other company in this space. It would appear the largest cryptocurrency exchange in the world is doing exactly that. Binance has big Plans for India By actively entering the crypto space in India, Binance is making a very clear statement. The decision is somewhat controversial, however, as India’s current regulatory landscape leaves a lot of questions unanswered. Some even fear the domestic government will ban all activities in the very near future. Even so, Binance has decided to acquire the WazirX trading platform , which is one of the most prominent exchanges in India today. Starting next quarter, WazirX’s engine will be integrated into Binance’s Fiat Gateway platform. In doing so, over 1 billion residents of […]
November 22, 2019
Following the crackdown on Forex by the Argentine government, the volume of P2P crypto trading has risen to an all-time high in the country
November 22, 2019
On Thursday, software developer Alex Winter announced the launch of Satoshiwall.cash, a noncustodial bitcoin cash-powered paywall service. The new platform allows anyone to create a customized paywall that uses BCH for payments so people can monetize their work online. Also read: Crypto Swapping App Sideshift AI Drops Access Code Requirement Satoshiwall.cash If you are an avid news reader there’s a good chance you’ve run into a paywall that restricts you from accessing content unless you pay or sign up for a subscription. Paywalls have been used on the internet for quite some time, but it wasn’t until 2010 that a large number of popular online newspapers started using the paywall system. On November 21, programmer Alex Winter introduced a new platform that lets anyone create a paywall that pays out in bitcoin cash (BCH). “I’m thrilled to finally release Satoshiwall.cash, […]
November 21, 2019
Kraken announced that it is introducing a mobile version of its Kraken Future trading app
November 21, 2019
Crypto exchange Bithumb denies recent reports that Chinese authorities have raided its Shanghai offices
November 21, 2019
The EU is solarizing its digitized economy without an environmental tax policy — an expert’s take
November 21, 2019
Large crypto exchanges have clamped down on reporting of fake trading volumes in 2019, while few are still likely misreporting, Chainalysis says
November 21, 2019
With exchanges controlling so much of the industry inflows, and accounting for more than 40% of the jobs, any review of the year has to start and end there. An analysis of the dominant trends driving trading platforms serves as a proxy for measuring the cryptosphere’s overall health. From initial exchange offerings to staking as a service, 2019 was the year that crypto exchanges expanded and diversified. Also read: Bitcoin Emits Less Carbon Than Previously Claimed, New Study Finds Exchanges Double Down on Partnerships and Referrals Forging partnerships with existing businesses and ramping up referral programs are two ways in which exchanges have refined their service this year in a bid to capture more of the market. In the case of partnerships, it’s an opportunity to tap into the user base of crypto companies that have a strong presence in […]