September 19, 2019
Democrats grill Zuckerberg with questions and concerns about its planned Libra stablecoin project during private dinner
September 19, 2019
U.S. SEC Chairman Jay Clayton said that for Bitcoin to be traded on major exchanges it needs stronger regulation
September 19, 2019
Is Bitcoin Cash incapable of scaling or is it merely a media circus? Developer indications of a 2MB block size limit have set the community abuzz
September 19, 2019
The Argentine peso monetary base will be increased by 2.5% per month in the next two months, the central bank announced
September 19, 2019
A North Korean official claims that a Democratic People’s Republic of Korea (DPRK) cryptocurrency is on the horizon. According to a delegate for the Committee for Cultural Relations, Alejandro Cao de Benós, the country plans to forge a token backed by a physical commodity like gold and the digital asset’s main purpose will be used to bypass U.S. and international sanctions. Also read: Snowden: US Seizing My Book Revenue is ‘Good for Bitcoin’ North Korea Is Building a ‘DPRK Token’ Another nation state is in the midst of creating a digital currency but the North Korean cryptocurrency idea is intended to work in parallel with the local Korean won. Alejandro Cao de Benós, a member of the DPRK Committee for Cultural Relations and President of the Korean Friendship Association, told various news outlets this week that a DPRK token is […]
September 19, 2019
Binance confirms plans to roll out its over-the-counter trading platform for Chinese yuan in October
September 19, 2019
Weeks after resigning from Overstock, Patrick Byrne sells his 13% stake in the firm to move to gold and crypto trading
September 19, 2019
Altcoins shed some recent gains as Bitcoin price turns bearish
September 19, 2019
UAE’s Ministry of Health and Prevention launched a blockchain system for recording and sharing information of healthcare workers in health facilities
September 19, 2019
EOS price climbed higher recently above the $3.850 and $4.00 resistances against the US Dollar. The price is currently correcting gains and declined below the $4.000 support area. There is a major bullish trend line forming with support near $3.850 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could decline further to test the $3.650 support area before it starts a fresh increase. EOS price is currently correcting lower against the US Dollar and bitcoin. However, the bulls are likely to protect the $3.650 and $3.600 support levels in the near term. EOS Price Analysis Earlier this week, there was a strong rise in Ethereum, ripple, litecoin and EOS against the US Dollar, while bitcoin struggled to gain traction. EOS price climbed above the $3.850 resistance area to move into a positive zone. Moreover, […]
September 19, 2019
Ethereum tackles congestion with a gas limit increase
September 19, 2019
There are a number of metrics that can be used to ascertain how popular a crypto asset is. Transaction count and hash rates are common ones but the amount generated in daily fees is also worth looking into. In a rare movement yesterday Ethereum actually flipped Bitcoin for this metric. Ethereum Flips Bitcoin But only for transaction fees, and only briefly! During yesterday’s big altcoin resurgence Ethereum notched up more fees over the 24 hour period than its big brother. ETH price peaked out at $215 which is its highest for over a month while bitcoin remained immobile in the low $10k range. SetProtocol product marketing manager Anthony Sassano made the observation using this metric as a potential measure of demand. “You know what’s even more striking about this image? The fees paid on the other blockchains don’t even come […]
September 19, 2019
CMCC Global, one of Asia’s first blockchain VC firms, has launched a new institutional tracker fund for Bitcoin
September 19, 2019
The special economic zone in the Philippines known for its crypto friendliness is undergoing some changes. Government-owned Cagayan Economic Zone Authority (Ceza) is investigating a case involving one of its licensed crypto exchanges after a tip from the Chinese government. The authority has also issued new directives to all of its licensees, including 40 crypto exchange operators. Also read: Philippines Increasingly Crypto-Friendly Better Due Diligence, License Suspensions A government-owned and controlled corporation, Ceza oversees the development of the Cagayan Special Economic Zone and Freeport, with the aim to turn the area into the country’s cryptocurrency hub. While in the process of building what it calls the “Crypto Valley of Asia,” Ceza has been attracting many companies to set up offshore crypto exchanges in the zone. Local news agency ABS-CBN reported Tuesday that 40 firms have been licensed by Ceza to […]
September 19, 2019
Libra meets with G-7 regulators amid regulatory hurdles surrounding its launch. Can the Facebook-backed token finally turn the tide in its favor?
September 19, 2019
Zscaler ThreatLabZ has discovered a new Remote Access Trojan (RAT) malware designed to steal Bitcoin and Litecoin wallet data from infected systems
September 19, 2019
The Federal Open Market Committee (FOMC) has cut the rate again by 25 basis points to a target range of 1.75%-2.00%. While this is in line with analysts’ expectations, the Fed’s potential dovish stance might be bullish for Bitcoin in the long term. Fed Has No Plan for Future At the end of August, we reported that the Fed cut its interest rate for the first time since the financial crisis in 2008. We also explained that lower rates make the US dollar cheaper for investors, which might, in turn, bring more attention to alternatives like Bitcoin. However, things become complicated as the Fed hasn’t provided signals on its future plans. On the other side, economists anticipated that the policymakers would hint to more rate cuts upcoming. President Donald Trump accused the Fed again for being afraid of boosting the […]
September 19, 2019
South Korea’s main opposition party, the Liberty Korea Party, will back the authorization of security token offerings in its new, pro-crypto policy
September 19, 2019
Crypto investment app Abra starts selling cryptocurrency for cash in all 7-Eleven stores across the Philippines with a new partnership with payment processor ECPay
September 19, 2019
As Libra continues to face intense scrutiny, Facebook’s Zuckerberg meets with U.S.
September 19, 2019
New Bitcoin hash rate highs fuel bullish price speculation
September 19, 2019
Mining firm Argo Blockchain installs 1,000 more mining machines
September 19, 2019
Arab Bank Switzerland has become the latest Swiss institution to enter the digital assets sector
September 19, 2019
Litecoin price climbed higher recently and tested the $80.00 resistance area against the US Dollar. LTC price is currently trading above the key $72.20 support area, with positive signs. There is a major bullish trend line forming with support near $70.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to bounce back as long as it is trading above the $70.00 and $72.20 support levels. Litecoin price is currently correcting gains below $75.00 against the US Dollar, while bitcoin is declining. LTC might start a fresh increase as long as it is above $70.00. Litecoin Price Analysis There was a strong support formed near $68.00, resulting in an upward move in litecoin price against the US Dollar. The LTC/USD pair broke the $70.00 and $72.20 resistance levels to move into a positive […]
September 19, 2019
Central banks can benefit from digital currencies but they don’t necessarily need a blockchain, says Chile’s top central banker
September 19, 2019
Bitcoin price is in the hands of bears as investors wonder if a second altseason is imminent
September 19, 2019
2019 was meant to be the year of the IEO. Or was it the STO? Whatever the case, it’s had its share of both, with mixed results. While the number of successfully completed token sales and the number of IEO launchpads has increased significantly, secondary market demand has been underwhelming. As emerging projects study the performance of this year’s favored fundraising vehicles, they’re faced with a conundrum: stick with a tested formula, or eschew the three-letter models for something new. Also read: Snowden: US Seizing My Book Revenue is ‘Good for Bitcoin’ The Jury’s Out on IEOs It’s hard to know what to make of this year’s initial exchange offerings (IEOs). Compared to their forebears – the projects that ICO’d two years ago – IEOs are clearly better in certain respects. Greater transparency, as mandated by exchanges, has prevented exit […]
September 19, 2019
The long-awaited move for bitcoin price finally initiated during Asian trading this morning. Predictions of another dump back into four figures were justified as that is exactly what has just happened resulting in $10 billion exiting the crypto space in a matter of hours. Bitcoin Bounces to $9,600 The week-long consolidation for BTC ended abruptly a couple of hours ago when the king of crypto plunged almost 5% in an hour. For most of the past 24 hours, bitcoin has traded around the $10,150 level but has been clinging onto support there. The support broke when one monster red candle dumped the asset down to a previous level of support at $9,600 according to Tradingview.com. Within the same hour bitcoin price quickly rebounded to settle just under $9,800. At the time of writing it was trading at 00. BTC price […]
September 19, 2019
The BTC community recently celebrated the fact that Segregated Witness (Segwit) transactions accounted for 50% of transactions and bech32 transactions doubled as well. However, the celebration quickly came to an end when a few Bitcoin Core developers found out where the transactions derived from and got upset at the Veriblock project for using scarce block space. Bitcoin Core developer Luke Jr urged the BTC community to reduce the block size limit. He further called Veriblock “spammers” and abusers of Segwit’s “block size increase to gain an advantage over legit Bitcoin users.” Also read: South African Payment Gateway Drops BTC Over Fees and Network Congestion The Argument for Scarce Block Space and ‘Legit’ Bitcoin Users Block space is a contentious subject within the BTC community as many people believe it is sacred and only meant for “legit” users. Even though this […]
September 18, 2019
Another slow day for cryptocurrency markets except for XRP and Stellar that are blowing up the last few hours. Let’s take a look at some of our favorite cryptocurrencies and see what the charts have in store for us. Tron Price Analysis (TRX/USD) The crypto market of TRX/USD pair is today giving a bullish performance, having recorded an upsurge of about 10% over the intraday. The pair’s price found strong support near $0.0158 that lead to an intense buying pressure that impressively pushed the price momentum North ways. TRX/USD pair, therefore, escalated from the opening price of $0.0159 to the current rate that was stood at $0.0177. Afterward, there seemed to be a struggle to breach the critical resistance level that was defined at $0.0178. In terms of the technical indicators, both moving averages are ascending with the short-term SMA […]
September 18, 2019
The U.S. SEC has charged ICOBox with acting as an unregistered broker and conducting an illegal securities offering
September 18, 2019
Two men have been arrested in the U.S. for alleged threats to destroy a crypto startup’s ICO and demanding millions of dollars in a shakedown