July 17, 2019
With Beam set to fork on August 15, the network upgrade will add a new minimum transaction fee and implement an ASIC-resistant proof-of-work algorithm dubbed Beam Hash II.
July 17, 2019
With new crypto laws set to come into effect at the end of this month, the Financial Markets Authority, France’s financial watchdog, is expected to approve a round of three to four initial coin offerings from crypto-related businesses. These approvals will be the first to take place under the new legislation.
July 17, 2019
After suffering a security breach last week, Japanese crypto exchange Bitpoint has announced that it will refund 50,000 affected users, who collectively lost about $20 million, when the business reopens trading services on the platform.
July 17, 2019
Venezuelan P2P trade continues to flourish despite government efforts to drive adoption of the country’s controversial oil-backed cryptocurrency
July 17, 2019
Stablecoin operator Tether announced that its USDT token will be released on its fifth blockchain, Algorand
July 17, 2019
Coinbase quiet on motivation for cancelling U.K. Faster Payments support
July 17, 2019
The Swiss group that’s supposed to oversee privacy for Libra says it hasn’t heard from Facebook at all
July 17, 2019
Bitcoin’s average transaction volume is topping $3 billion per day, data from crypto analytics site Coinmetrics.io reveals
July 17, 2019
India Bitcoin ban comments by Tim Draper backfire online
July 17, 2019
Rep. Maxine Waters opened today’s hearing on Facebook’s Libra project by noting the firm’s past behavior regarding user data and privacy
July 17, 2019
Before cryptocurrencies can gain mainstream traction, there need to be a lot more regular use cases. So far, choices remain limited on that front. Things seem to be picking up a bit for Litecoin although becoming the “official cryptocurrency” of the Miami Dolphins will probably not have much of an impact on the price whatsoever. Limited Functionality for Litecoin Although many people expected big things from this particular announcement, it is crucial to put everything in its proper perspective first and foremost. This new partnership does not mean any of the Miami Dolphins team or staff will be paid in Litecoin, nor is anyone asking for it. It also doesn’t mean people can buy game tickets with LTC, as that is not even on the ability at this time. Instead, there will be only one particular use case for Litecoin […]
July 17, 2019
Tor Project expands its new Bitcoin-based crowdfunding campaign after it reached $10,000 in 2 days
July 17, 2019
In the premiere episode of the new Cointelegraph series “Coffee and Crypto,” Olivia Capozzalo and Molly Jane Zuckerman discuss the latest news in the crypto industry
July 17, 2019
Lawmakers grilled Facebook in the U.S. Senate over the company’s plans to launch Libra given their privacy track record
July 17, 2019
The U.S. Securities and Exchange Commission recently made history when it green-lighted two token offerings under Regulation A+. “This is the first time in U.S. history that a crypto token offering has received SEC qualification,” one of the two qualified issuers proclaims. Also read: G20 Leaders Issue Declaration on Crypto Assets – A Look at Their Commitments Historic Event for Crypto Industry The U.S. Securities and Exchange Commission (SEC) began qualifying token offerings under Regulation A+ (Reg A+) last week. The application by Blockstack PBC was approved on July 10 for Stacks tokens. The other application was approved the following day for Props tokens by Younow, a live streaming app which claims to have 46 million users. Under the U.S. Securities Act of 1933, companies seeking to offer or sell securities to potential investors must either register the offer and […]
July 17, 2019
Many are still attributing the US Treasury Secretary’s comments on Libra and bitcoin to its rapid decline over the past few days. In reality, they may have sparked the selloff but market correction has been overdue for some time. Congress to Convene Again on Libra A second hearing has been scheduled for today, July 17. The focus will be on Facebook’s proposed crypto project Calibra and its impact on consumers, investors and the American financial system. The meeting is a follow up on a suggested bill to keep big tech out of finance. US lawmakers are clearly concerned about Facebook’s dominance with data and how that will extend into finances. Chief Executive Officer of Calibra, David Marcus will be in the hot seat again as he attempts to defend the grand aspirations of the world’s largest web platform. Also in […]
July 17, 2019
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. CROWDLITOKEN AG pioneers and starts distribution of a digital bond – European retail investors benefit as well For the first time in Europe, the Liechtenstein Financial Market Authority (FMA) has approved the offering prospectus for a tokenised real estate investment product. CROWDLITOKEN AG is thus a pioneer for new financial innovations. The Security Token Offering (STO) is now running in European countries. By using blockchain technology, qualified and retail investors are enabled to invest in first-class real estate in Europe. Also the Swiss Financial Market Supervisory Authority (FINMA) has confirmed that no special regulatory approval is needed to market this new class of […]
July 17, 2019
ADA price remained in a strong downtrend and broke the $0.0600 support area against the US Dollar. The price declined heavily and broke the $0.0550 and $0.0520 support levels. There is a major declining channel forming with resistance near $0.0568 on the 4-hours chart (data feed via Kraken). The price remains in a downtrend and it could continue to move down below $0.0520. Cardano price is trading with a bearish bias against the US Dollar and bitcoin. ADA recently tested the $0.0500 support area and it remains at a risk of more losses. Cardano Price Analysis After cardano price failed to climb above $0.0850, it declined heavily against the US Dollar. The ADA/USD pair broke the $0.0700 and $0.0650 support levels to register nasty losses. Moreover, there was a break below the $0.0630 support level and the 55 simple moving […]
July 17, 2019
France is poised to approve initial coin offerings operators and other crypto businesses with its new regulatory approach to the sector
July 17, 2019
On July 16, U.S. Department of the Treasury Secretary Steven Mnuchin gave a short press briefing discussing cryptocurrencies and the pressing need for regulation. A 28-minute slodge of alphabet agency soup, studded with calculated mentions of “terrorism” nearly every minute, casual observers were left confused. Are we talking about crypto or biological weapons of mass destruction here? Make no mistake, these misguided attacks on Bitcoin will continue as long as a threat is posed to obsolete and violent government economic systems. How they will attack is predictable: using some of the world’s most heinous, emotionally evocative crimes. Like Dogs Howling There’s a funny thing about dogs. When one howls, they all do, even if none of them really knows why. It’s the same with state-sponsored media. The AP releases something, and the top dogs in the news (i.e. those with […]
July 17, 2019
Bitcoin price declined heavily and broke the key $10,000 support level against the US Dollar. The price is currently under pressure and it recently traded towards the $9,250 level. There is a key bearish trend line forming with resistance near $10,150 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to continue lower and it may even break the $9,000 support level in the coming sessions. Bitcoin price is currently under a lot of pressure below the $10,000 support against the US Dollar. BTC could accelerate losses towards the $9,000 or $8,800 level in the near term. Bitcoin Price Analysis This week, there was a downside break in bitcoin price below the $11,000 support against the US Dollar. The BTC/USD pair started a major downward move and even broke the $10,600 support zone. […]
July 17, 2019
Algorithms that can decode social media market sentiment are making waves in the institutional crypto landscape
July 17, 2019
Crypto markets keep feeling the squeeze amid talk for 80% downturn
July 17, 2019
U.S.-based regulated crypto derivatives and clearing platform LedgerX is giving retail investors the chance to bet on Bitcoin hitting $100,000 by 2020
July 17, 2019
After a sideways market all through June, Bitcoin is not doing too hot this month. The past 48 hours have been brutal for the cryptocurrency as it dropped over 10% dipping below the $10,000 level. Why is the price falling? Will we see recovery anytime soon? Let’s dive deeper and take a look… Why is Bitcoin’s price falling? As Coindesk reports, a key indicator for Bitcoin has turned bearish. Specifically, the MACD indicator turned bearish first time since December. If you trade based on technical indicators, then these are pretty bad news. The sideways market last month may have contributed to something called buyer exhaustion. According to Investopedia: “Exhaustion is a situation in which a majority of participants trading in the same asset are either long or short, leaving few investors to take the other side of the transaction when […]
July 17, 2019
Running crypto news sites for 5+ years I have seen hundreds of PRs published on our network of properties. This article should serve as a guideline for anyone who wishes to distribute their own press release and is looking to get the best results when it comes to readership and conversions. Let’s go over 9 tips to successfully distribute your cryptocurrency press release: 1. Short and Sweet A press release is not an essay, it’s a short article that gets a certain message across. From my experience, the sweet spot for a successful crypto press releases is in the range of 300-500 words. Anything more than 600 words is going to bore the reader and is going to decrease your chances of conversions. Shorter press releases in the range of 200-300 words can still work as long as the message […]
July 17, 2019
Stellar Price Analysis (XLM/USD) On an hourly chart, XML/USD pair continues the downwards pressure. The downtrend was buttressed by the 21 day MA that gravitated above the 7 day MA that signaled a bearish outlook. XLM has down surged by 4.6%, having begun trading at $0.08982 and is currently at $0.08572 over the last 24hrs. The pair’s price experienced sideways price movements after a price fall that placed new resistance level at $0.08986 and support level at $0.08572. Presence of a four-price Doji was also seen repeatedly. This showed that the market dealt with a small number of transactions. The Relative Strength Index was also touching below level 30 at several instances that indicated an oversold market condition. This also showed that the bears had dominated the market momentum in the last 24hrs. The market is at the moment recovering […]
July 17, 2019
IBM has tripled their number of blockchain-related patents in US this year, taking the number one spot
July 17, 2019
Cryptocurrency trading is taking root around the globe due to its ease of access and wide range of competing options available when it comes to platforms. However, one thing many of these exchange platforms seldom avoid is overkill. In the quest to make more and more trading options available to the end user, exchanges are susceptible to making things more complex than an average trader can understand. Simplicity is, therefore, typically underrated in an exchange platform. Introducing SwitchDex- a Platform for Simplified Trading SwitchDex is a new decentralized cryptocurrency exchange that aims to offer a unique trading experience to the user that is simple, yet equally effective at maximizing users’ trading potential. Influential billionaire and popular cryptocurrency personality John McAfee has been named as a leading advisor to the SwitchDex platform. McAfee is one of the pioneering influencers when it […]
July 17, 2019
Grayscale has recorded a tripling of assets under management since past quarter, with a current figure of $2.7 billion
July 17, 2019
Senator Brown discussed concerns about Facebook have too much control over consumer finances following the Senate Banking Hearing on Facebook’s Libra
July 17, 2019
Bitcoin Price Analysis (BTC/USD) Over the past 24hrs, the price of BTC/USD pair has exhibited a bullish outlook. The upward rally has been bolstered by the 7 day MA that was seen gravitating above the 21 day MA that indicated a bullish sign. BTC/USD pair began trading yesterday at $10204.62 and is currently at $10762.47. This shows that BTC has upsurged by 5.2% in the last 24hrs. The bullish pressure has also been confirmed by the formation of the ascending triangle that was seen on an hourly chart. The RSI indicator has even climbed up from a low of 36.26 to a high of 50.36 that signaled increase buyouts. During the last 4hrs, the market seemed to have lacked momentum as reflected by the RSI indicator that was seen trading flat between the level 60 and 40. According to cryptocurrency […]
July 17, 2019
On July 10, the price of Bitcoin overcame the $13.000 mark, but then, contrary to the expectations of many traders, it sharply dropped to $12.000. The price drop hasn’t stopped and on the night of July 11, the quotes turned out to be at $11.100. Bitcoin lost in price over 10%. During July 11th Asia session bitcoin slightly recovered and trades at around $11,600 (7:00 UTC.) The total capitalization of the cryptocurrency market dropped to $313 billion, losing about 12% during the day. According to CMC, the volume of trading in the market as a whole exceeded $103 billion, while at the same time, this indicator did not exceed $7.3 billion at OpenMarketCap. Bitcoin dominance index is kept above 65%. Behind July 11 bitcoin price drop could be yesterday remarks of U.S. President Donald Trump about bitcoin. In series of […]
July 17, 2019
While it seems evident facial recognition technology will become mainstream in the very near future, there will be some bumps along the road. More and more US cities are effectively banning this technology as a statement against mass surveillance. A very interesting turn of events, albeit it remains to be seen how many other locations decide to follow suit in the months and years ahead. Oakland Might Make a Meaningful Stand Over the past few years, there has been an influx of facial recognition technology on a global scale. It appears public agencies are more than eager to explore this new industry, primarily because they can get their hands on a lot of data which would otherwise remain inaccessible. Facial recognition technology can aid in dealing with potential terrorist threats and other criminal activity, albeit it comes at the cost […]
July 16, 2019
Internet crowdsourcing company Share Internet Data has launched a banking app in an effort to provide free service to the unbanked
July 16, 2019
Bitcoin drops below $10,000 in an abrupt pullback. What are the factors behind the drop? Analysts discuss where the market is heading and the factors of the drop
July 16, 2019
Control of the U.S. dollar and the global financial system that depends on it gives the American government an incredibly powerful tool in shaping international affairs. As such, it is not surprising that its geopolitical rivals around the world will try to exploit the invention of cryptocurrency to take the USD down a peg. The latest example comes from Iran that now wants to create a digital token backed by gold. Also Read: Iranians Defy Warning and Share Pictures of Bitcoin Mining in Mosque Central Bank of Iran Approves Gold Backed Token On Saturday, July 13, Tehran-headquartered Mehr News Agency reported that the country’s first cryptocurrency issued under permission of the Central Bank of Iran (CBI) is set to be unveiled. This was according to an announcement by an official from the Iran Chamber of Commerce, Industries, Mines and Agriculture, […]
July 16, 2019
Polkadot presents an early experimental version of the protocol called Kusama, designed for real economic conditions
July 16, 2019
Praise towards Bitcoin and heavy criticism towards Facebook’s Libra stablecoin from United States House Minority Leader Kevin McCarthy
July 16, 2019
These are very interesting times for Bitcoin, which evidently remains the world’s leading cryptocurrency. Despite a price revival of some sorts, it now appears yet another service provider is ending BTC support altogether. South Africa’s PayFast is the latest company to do so, as they experience major problems with Bitcoin’s inherent design. Transaction Fees and Confirmation Times Two of the biggest hurdles associated with using Bitcoin as a payment method is how the currency is expensive and slow to send and receive. More specifically, the Bitcoin network requires a fixed number of network transactions before the money transfer is effectively irreversible. Waiting for those confirmations can take anywhere from one to several hours, which make sit unsuitable in this modern day and age. Time is money, even more so in 2019 than ever before. Combined with the rather high costs […]
July 16, 2019
David Marcus reiterated Facebook’s commitment to FinCEN in a hearing on Facebook’s Libra today