July 17, 2019

Bitcoin Network Alternative Beam Prepares For Its Inaugural Hard Fork

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

France’s Financial Markets Authority To Approve ICOs Under New Crypto Laws

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

US Government ‘Can’t Kill’ Bitcoin Because Source Code is Speech

Based on the legal precedence surrounding cryptographic communication, it is highly unlikely that the U.S. government can ban bitcoin. ‘Uncle Sam’ Can’t Shut Down Bitcoin With the storm of attention being paid to Facebook’s Libra project, there has been some talk of whether such attention could spill over to BTC in the form of a government-sanctioned bitcoin ban. On Tuesday (July 16, 2019), redditor ‘MarsWalker69’ opened a thread on the Bitcoin subreddit seeking reasons why the U.S. government can ban bitcoin. In response, fellow redditor ‘nowitsalllgone’ provided legal precedence to show why a BTC ban wouldn’t be possible. For starters, there is legal precedent that equates the prohibition of cryptographic communication as akin to an infringement on free speech under the First Amendment. As a computer protocol, Bitcoin represents a mathematical language, which is no different from human languages like […]
July 17, 2019

Bitpoint To Refund 50,000 Affected Users

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

Blockchain powered Koin Rewards and Fidel enable merchants to tip sustainable shoppers

CryptoNinjas – Bitcoin, Cryptocurrency & Blockchain Asset SourceHaving just announced their Seedrs crowdfunding campaign, Koin Rewards, the ethical rewards platform powered by blockchain, today announces that it has partnered with card linking API Fidel to build a responsible and sustainable rewards program for shoppers. Koin Rewards is working with Fidel to build a community of merchants and members based upon shared ethical behaviors. […]https://www.cryptoninjas.net/2019/07/17/koin-rewards-and-fidel-to-enable-merchants-to-reward-customers-for-sustainable-shopping/
July 17, 2019

Horizon Blockchain Games scores $3.75 million in seed round

CryptoNinjas – Bitcoin, Cryptocurrency & Blockchain Asset SourceHorizon Blockchain Games (Horizon), a video game studio and blockchain infrastructure company on a mission to create great games for the new era enabled by blockchain technology, today announced it has raised $3.75 million in a seed round, led by Reddit co-founder Alexis Ohanian’s venture fund, Initialized, with participation from Golden Ventures, Polychain, Coinbase, Digital […]https://www.cryptoninjas.net/2019/07/17/horizon-blockchain-games-scores-3-75-million-in-seed-round/
July 17, 2019

Venezuelan Petro Against US Sanctions: History and Use of the Crypto

Venezuelan P2P trade continues to flourish despite government efforts to drive adoption of the country’s controversial oil-backed cryptocurrency
July 17, 2019

Tether USDT is Launching on a ‘Pure PoS’ Blockchain, Algorand

Stablecoin operator Tether announced that its USDT token will be released on its fifth blockchain, Algorand
July 17, 2019

Report: Coinbase Deposits for UK Users Now Take 10 Days, Must Be Over £1,000

Coinbase quiet on motivation for cancelling U.K. Faster Payments support
July 17, 2019

‘Libra Is so Screwed’ — Should Have Used Bitcoin, Says Samson Mow

The Swiss group that’s supposed to oversee privacy for Libra says it hasn’t heard from Facebook at all
July 17, 2019

Bitcoin Network Is Moving $3 Billion Daily, Up 210% Since April

Bitcoin’s average transaction volume is topping $3 billion per day, data from crypto analytics site Coinmetrics.io reveals
July 17, 2019

‘Pathetic and Corrupt’ — Tim Draper Slams Proposed Bitcoin Ban in India

India Bitcoin ban comments by Tim Draper backfire online
July 17, 2019

Nesten and IoTeX team up to develop blockchains for IoT networks

CryptoNinjas – Bitcoin, Cryptocurrency & Blockchain Asset SourceNesten, a firm focused on IoT optimized blockchains and communications networks, today announced a new partnership with IoTeX, a leading privacy-IoT blockchain platform. The partnership aims to address the security and privacy of communications-based Internet of Things (IoT) infrastructure and ecosystems. With its deep knowledge and experience in distributed systems and cryptography, IoTeX has developed […]https://www.cryptoninjas.net/2019/07/17/nesten-and-iotex-team-up-to-develop-blockchains-for-iot-networks/
July 17, 2019

Rep. Waters Opens Libra Hearing With Indictment of Facebook’s Past Mistakes

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

Reddit Co-Founder Ohanian Leads $3.75 Million Round in ‘Hearthstone’ Competitor

Horizon Games is announcing a seed round from leading crypto investors as it ramps up production on its flagship game, “Skyweaver.”
July 17, 2019

Ethereum Set For ’50 Percent Gains’ As China Search Interest Spikes

Ethereum is gaining significant new attention in China right now, causing some to believe that a 50% surge in price could take place over the rest of the this week. China Ranked #3 for Ethereum Searches A Twitter account by the name of @Journeyto100K_ has picked up on a significant surge in interest around Ethereum recently. According to Data from Google Trends, searches for ‘Ethereum’ have skyrocketed in China over the last 2 days, leading the tweeter to believe that ETH’s price 00 will rocket soon. “I would be surprised if we don’t see at least 50% increase for ETH in next 5 days,” @Journeyto100k_ forecasted. Over the past week, Ether has plummeted from recent highs of $350 to trade at just $200, as of press time July 17.  As a yardstick for the general lack of faith in altcoin […]
July 17, 2019

Litecoin Partnering the Miami Dolphins Isn’t That big of a Deal

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’s Bitcoin Crowdfunding Campaign Hits Goal in 25 Hrs

Tor Project expands its new Bitcoin-based crowdfunding campaign after it reached $10,000 in 2 days
July 17, 2019

Watch Today’s Facebook Libra Hearing at the House Financial Services Committee

Watch the live webcast of the House Financial Services Committee hearing on Facebook’s Libra cryptocurrency project.
July 17, 2019

Tether integrates and deploys on Algorand blockchain protocol

CryptoNinjas – Bitcoin, Cryptocurrency & Blockchain Asset SourceTether, the stablecoin asset provider, today announced their integration with the recently launched Algorand protocol. Fiat-based stablecoins, such as Tether, provide a dependable on-ramp to the crypto ecosystem for retail and institutional participants alike. The Tether team believes that further adoption of stablecoins has been hindered by the performance of the underlying blockchain technology. Specifically, […]https://www.cryptoninjas.net/2019/07/17/tether-integrates-and-deploys-on-algorand-blockchain-protocol/
July 17, 2019

Trump Vs. Bitcoin, Japanese Exchange Hacked | Coffee and Crypto

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

U.S. Libra Hearings Day 1: Lawmakers Finding It Hard to Trust Facebook

Lawmakers grilled Facebook in the U.S. Senate over the company’s plans to launch Libra given their privacy track record
July 17, 2019

Hacked BITpoint Exchange to Refund 50,000 Affected Users in Crypto

BITPoint Japan has said that the roughly 50,000 users who lost funds in its recent hack will be reimbursed in cryptocurrency on a 1:1 basis.
July 17, 2019

Coinify provides Ethereum (ETH) gateway for Argent crypto wallet users

CryptoNinjas – Bitcoin, Cryptocurrency & Blockchain Asset SourceCoinify, a blockchain payment technology company offering a gateway for bitcoin and cryptocurrency, and Argent, a smart cryptocurrency wallet provider, today announced a partnership to bridge the gap between non-custodial crypto and the fiat economy. Argent has built a non-custodial wallet that provides ease of use with tough security. Users can lock it, approve large […]https://www.cryptoninjas.net/2019/07/17/coinify-provides-ethereum-eth-gateway-for-argent-crypto-wallet-users/
July 17, 2019

Bitcoin Price Analysis: BTC Bears Eye $8.8K Target

Over the last 7 days Bitcoin price has plunged from highs of $13,200 to the current market price at $9,300. This drop has resulted in a clear descending channel forming on intra-minute timeframes. Current market price sits at visible range lows, so the question remains as to whether bears have enough control of the market to break the strong support around $9,000? Bitcoin Price Analysis 30 Minute Chart On the 30 Minute chart for BTC we can see the newly formed descending channel that price levels have dropped to over the last week. Large selling volume has occurred throughout all stages of the channel with very little response from bullish traders. Key support that will be a crucial level in terms of gauging whether BTC will drop much further or not, is at $8,800. The support line for the channel […]
July 17, 2019

Best Performing Altcoins Against Bitcoin Over Past Year

In a sample of over 150 top altcoins, only 4% had a positive BTC return over the past year. Other than BNB, none of this 4% were even in the top 100 alts a year ago. Bitcoin Has Been Hard To Beat In the sample of 167 leading altcoins chosen by crypto analyst Ceteris Paribus, only 6 performed better than Bitcoin over the past 12 months. The combined BTC market cap of all 167 has dropped by a whopping 69%, from ₿23.4 million to ₿7.2 million. Perhaps more surprisingly, Binance Coin aside, the top performers didn’t even register in the top 100 cryptocurrencies by market cap a year ago. Another similarity is that all of these coins see the majority of their volume traded on the Binance exchange, showing the importance of liquidity. So who were the past year’s big […]
July 17, 2019

Overstock’s tZERO Lures New Execs from Barclays and IMAX

The security token platform is strengthening its leadership team with three new hires as it prepares to onboard more tokens.
July 17, 2019

KardiaChain and Blockcloud partner to enhance interchain ecosystem

CryptoNinjas – Bitcoin, Cryptocurrency & Blockchain Asset SourceKardiaChain, a decentralized, interoperable and self-optimized blockchain ecosystem, has announced the formation of a new partnership with Blockcloud to combine innovative blockchain solutions to improve data sharing and interchain connection. Blockcloud is a blockchain-based advanced TCP/IP platform that improves and upgrades the existing Internet. Blockcloud consists of a team of experts with over 10 years […]https://www.cryptoninjas.net/2019/07/17/kardiachain-and-blockcloud-form-partnership-to-enhance-interchain-ecosystem/
July 17, 2019

SEC Begins Green-Lighting Token Offerings

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

Bitcoin Price Looks South After Second 13% Drop of 2019

Bitcoin logged one of the biggest daily price losses of the year on Tuesday, confirming a short-term bullish-to-bearish trend change.
July 17, 2019

Congress to Hold Second Hearing on Libra and Crypto

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

France’s Financial Watchdog Proposes ‘Voluntary’ Regulatory Framework for Crypto Firms

In exchange for regulatory approval, crypto firms can opt to abide by capital, tax, and consumer protection requirements.
July 17, 2019

40-Strong Blockchain Insurance Group B3i Appoints CEO

Insurance industry blockchain group B3i has appointed John Carolin as chief executive officer.
July 17, 2019

Bitcoin ‘Realized Market Cap’ Hits Record High Despite Flash Crash

Bitcoin investors are paying more per coin than at any time in history – despite the Bitcoin price dropping to half its all-time highs. Bitcoin Realized Cap Hits $93 Billion That was the conclusion in new analysis of an underreported metric this week, which casts light on genuine consumer interest in Bitcoin.  Known as realized market cap, the figure revolves around two values: the price at which each bitcoin last traded, and how many coins were involved in each trade. The resulting figure when multiplying the values gives a fairer representation for cryptocurrencies than traditional market cap, data resource Longhash concluded in the analysis.  For Bitcoin, which now hovers at under $10,000, the realized cap figure is higher than it has ever been – at $93.45 billion. “What does this mean for Bitcoin? It means that the cost basis for […]
July 17, 2019

Cryptofinancier Nexo Partners With Korea’s Terra to Create Loan Platform

Singapore and Switzerland are joining forces to bring crypto lending to East Asia.
July 17, 2019

PR: Liechtenstein Financial Market Authority Approves Tokenized Real Estate Investment Product

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

Tether Stablecoin to Launch on 5th Blockchain

The popular and sometimes controversial stablecoin tether (USDT) is to to be added to the algorand blockchain.
July 17, 2019

Cardano (ADA) Price Analysis: Significant Downtrend Below $0.060

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

Could Altcoins Start Growing After This Bear Trend In Terms Of BTC?

Bitcoin (BTC) has been expanding compared to altcoins since the end of the bull market in 2017. At the beginning of 2018 Bitcoin’s dominance in the market was […] The post Could Altcoins Start Growing After This Bear Trend In Terms Of BTC? appeared first on UseTheBitcoin.
July 17, 2019

France Set to Approve First Crypto Firms Under New Rules This Month

France is poised to approve initial coin offerings operators and other crypto businesses with its new regulatory approach to the sector
July 17, 2019

How They Will Attack Bitcoin: The Hypocritical Shock Campaign of US Monetary Policy

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

It’s Not Up to Facebook to Decide What Libra Is, Ex-CFTC Advisor Says

Security? Payment token? Utility token? Defining Facebook’s Libra won’t be easy, and it’s not Facebook’s call, says Jeff Bandman.
July 17, 2019

Bitcoin Price Analysis: BTC Primed For More Losses Below $9,500

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

Bitcoin Extends Losses With 12% Slide, Targets $8,000

Bitcoin continues to trade at four figures today as a new wave of bearish momentum sends the asset plummeting below $9,600. A couple of big red candles dumped bitcoin over a thousand bucks in a matter of hours and has left the asset scrambling to find support. Bitcoin Drops Over $1,000 in a Day This is not the first time BTC has shed over a thousand dollars in a day, and it probably wont be the last. From a Monday high of $11k bitcoin dropped to settle at the mid $10k level before plunging into four figures during late trading yesterday. BTC price one hour chart. Tradingview.com According to charts from Tradingview, BTC bottomed out at $9,250 before climbing back slightly. The recovery has not been strong and further losses are expected. At the time of writing bitcoin was trading […]
July 17, 2019

Money Managers Are Paying Big Bucks to Interpret Your Bitcoin Tweets

Algorithms that can decode social media market sentiment are making waves in the institutional crypto landscape
July 17, 2019

Bitcoin Price Below $9.5K Could Spark 80% Parabolic Advance Correction, Trader Warns

Crypto markets keep feeling the squeeze amid talk for 80% downturn
July 17, 2019

Retail Investors Can Now Bet on Bitcoin Hitting $100,000 by 2020

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

New Call Options Allow Joe Schmoe to Bet on $100,000 Bitcoin

LedgerX recently revealed a new call option that could help push Bitcoin price to $100k by 2020.  Hey Bitcoin, When Moon? Regular Joe Schmoe investors can now place bets on Bitcoin rising to $100,000 thanks to regulated derivatives offered by LedgerX exchange. LedgerX recently revealed the call option and participants are betting that Bitcoin price will top $100k by December 2020. This means Bitcoin would need to pull-off a 10x move from today’s price and this would also bring the digital asset’s market capitalization to $2 trillion.  For the past two years, LedgerX has offered derivatives to its institutional clients and now that the company has gained approval from Commodity Futures Trading Commission (CFTC) it will make the unique call option available to retail investors.  Who’s Gonna Take the Plunge? Currently, it’s not known how many investors are seriously interested […]
July 17, 2019

Bitcoin Price Down Over 10%, Sinking farther away from $10,000

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

9 Tips to Effectively Distribute Your Cryptocurrency Press Release

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

Waves Founder Sells Blockchain Startup to Russian Financial Consultant

Vostok was developed by the Waves platform team and will work to secure data for GHP’s mining, production, and logistics projects.
July 17, 2019

Stellar, EOS and Binance Coin Price Prediction and Analysis for July 17th; XLM, EOS, BNB

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 Triples Number of Blockchain Patents in US Since Last Year

IBM has tripled their number of blockchain-related patents in US this year, taking the number one spot
July 17, 2019

SwitchDex, the New Decentralized Digital Exchange Makes Trading Simpler Than Ever

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 Investments Report Assets Under Management of $2.7B

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 on Libra: ‘A Recipe for More Corporate Power Over Markets’

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, EOS and Ripple’s XRP Price Prediction And Analysis For July 16th

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

Reasons to Bitcoin’s Volatility Could Be The Rising Popularity of Leveraged Margin Trading

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

Tor Project Bitcoin Donation Fund Raises 65% on First Day

The group behind internet privacy project, Tor, has launched a bitcoin donation fund as part of their fight against web censorship and surveillance. Tor Teams Up With Bitpay The web privacy advocates aim to raise $10,000 in a two-week crowdfunding campaign which will go towards the fight against internet censorship. The Tor project enables users to access the internet privately and anonymously while circumventing government censors and firewalls. This is facilitated through the Tor Browser which is a modified version of Firefox that can bypass ISP filters and access an unfettered internet. Crypto twitter personality ‘hodlonaut’ tweeted about the project; I will always remember how @BtcpayServer facilitated the #weareallhodlonaut fundraiser. Now they are powering a super important fundraiser for @torproject If you value privacy and online freedom, please consider donating! I will always remember how @BtcpayServer facilitated the #weareallhodlonaut fundraiser. […]
July 17, 2019

More US Cities Seek to ban Facial Recognition Technology

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

Share Internet Data Launches Banking App in Tandem With LDJ Capital

Internet crowdsourcing company Share Internet Data has launched a banking app in an effort to provide free service to the unbanked
July 16, 2019

Newly launched LiquidSwap DEX integrates Totle API for ERC20 swaps

CryptoNinjas – Bitcoin, Cryptocurrency & Blockchain Asset SourceTotle, a decentralized crypto exchange aggregation tool and LiquidSwap, a just-launched decentralized crypto exchange platform, today announced a partnership to make ERC20 swaps available on the LiquidSwap platform. According to the announcement, LiquidSwap will be using the Totle API to ensure all decentralized ERC20 exchange use cases have enough liquidity. Features expected to be integrated […]https://www.cryptoninjas.net/2019/07/16/new-liquidswap-dex-integrates-totle-api-for-erc20-swaps/
July 16, 2019

Bitcoin Below $10,000, Down 26.6% in 7 Days: What Caused the Pullback?

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

Global Crypto War Is Heating up – Iran Next in Line With Its Own Gold-Backed Coin

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

Number of IBM Blockchain Patents Surge 300% In One Year

The number of blockchain patents that IBM owns has surged by as much as 300% in a little less than a year. With other major corporations getting seriously involved in the industry, this goes on to show that the interest in the field is steadily increasing.  IBM Dominates Blockchain Patent Ownership Multinational information technology company International Business Machines (IBM), is leading the blockchain patent ownership across the US, data shows. Apparently, the company owns around 108 blockchain-related patents, which marks an increase of more than 300% compared to last year. Other recognizable names include Bank of America with 53 patents, MasterCard with 43 patents, Intel with 35 patents, and so forth. The multinational computing giant recently added to its stack a new application on March 5th. According to the documents published with the United States Patent and Trademark Office, IBM […]
July 16, 2019

German Regulators Worried About Libra: They May Not Allow It To Compete With The Euro

Libra has been one of the most debated topics during the last weeks. Many regulatory agencies have been already raising concerns about it and the German Finance Minister […] The post German Regulators Worried About Libra: They May Not Allow It To Compete With The Euro appeared first on UseTheBitcoin.
July 16, 2019

Polkadot Introduces Its Experimental Version Dubbed ‘Kusama’

Polkadot presents an early experimental version of the protocol called Kusama, designed for real economic conditions
July 16, 2019

US Rep. Kevin McCarthy Praises Bitcoin while Criticizing Libra

Praise towards Bitcoin and heavy criticism towards Facebook’s Libra stablecoin from United States House Minority Leader Kevin McCarthy
July 16, 2019

PayFast Removes Bitcoin Payments due to Inherent Technical Flaws and Shortcomings

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

Facebook Stresses Libra’s Compliance With FinCEN at Senate Hearing

David Marcus reiterated Facebook’s commitment to FinCEN in a hearing on Facebook’s Libra today