Crypto News From Asia: Sept. 9–15 NewThis week’s selected cryptocurrency and blockchain news from Japan and China, courtesy of Cointelegraph Japan
Crypto News From the German-Speaking World: Sept. 9–15 in Review NewThis week’s selected cryptocurrency and blockchain news from the German-speaking world, courtesy of Cointelegraph auf Deutsch
Report: Philippine Police Raid Alleged Cryptocurrency Scam, Arrest 277 NewPhilippine authorities have reportedly arrested 277 Chinese nationals that were working at an alleged cryptocurrency scam firm
Germany’s Largest Bank Joins JPMorgan’s Blockchain Network NewDeutsche Bank joins JPMorgan’s blockchain-based platform IIN, expanding the network up to 320 members
Crypto News From Brazil: Sept. 9–15 in Review NewThis week’s selected crypto news from Brazil, courtesy of Cointelegraph Brasil
XRP Fork Unlikely to Succeed, Ripple Continues to Face Angry Investors NewAn XRP fork isn’t likely to happen, but Ripple still has to deal with a lawsuit launched by angered investors
Libra Confident, France Angry, Domino’s BTC Prize: Hodler’s Digest, Sept. 9–15 NewIn this week’s Hodler’s Digest, Libra gets confident, France gets angry, and Domino’s Pizza fans get excited
At Least 19 Central Banks Give Way to Monetary Easing As Economy Slows NewIn a coordinated fashion, more than 18 central banks worldwide have or plan to cut interest rates, sparking a domino effect of monetary easing. It’s been 10 years since the world has seen central planners orchestrate such harmonization in an attempt to save the economy from a deep recession. Also Read: Money and Democracy: Why…
A Short History of the World’s Largest Bitcoin Mining Pools NewMining pools grow and shrink, and rise and fall altogether. Today there are more extinct mining pools than there are active ones. The hashpower of the survivors secures hundreds of PoW crypto networks, from major coins such as BTC and BCH to obscure altcoins such as monero classic and “zelcash.” The following guide provides an…
Distrust of the Bolivar Prompts Venezuelans to Seek Sound MoneyThere’s a small team of committed researchers and activists called the Ryver Bitcoin Cash group surveying Venezuelans, and giving them educational resources about the benefits of bitcoin cash. The Venezuelan country has been suffering from rapid inflation and many people distrust the sovereign bolivar. Unfortunately, most Venezuelans are not getting any exposure to digital currency…
How Prime Brokerage Will Affect Crypto MarketsPrime brokerage firms are coming for crypto in what’s likely to be a race of winner-takes-almost-all. Goldman Sachs is synonymous with institutional wealth and power, even to those who’ve never purchased a financial product in their life. Like the eponymous tower it occupies in Jersey City, Goldman Sachs dominates the prime brokerage trade. What will…
Nature Abhors a Vacuum: Why Trump’s Proposed Negative Rates Bode Well for BitcoinIn a recent tweet, U.S. president Donald Trump delved into an explosive, all-caps-loaded mini-rant about the necessity of getting “interest rates down to ZERO, or less.” The bombastic politician stressed the need for America to refinance its debt, trailing off with some superficially conservative speak about the U.S. and its “great currency, power, and balance…
Crypto Facilitates Money Transfer for Restricted ChinaCrypto is not illegal in China, but it is illegal for banks and financial institutions to deal in crypto. It’s also illegal for nationals to send over $50,000 in fiat money in a day, without government permission. Restrictive banking regulations, international trade wars, and a surveillance state in the midst of political unrest mean that…
Local.Bitcoin.com Gathers 56K Accounts and $200M Worth of Trades InitiatedThree months ago, Bitcoin.com launched its over-the-counter BCH marketplace on June 4. Since then, Local.Bitcoin.com has aggregated more than 56,000 accounts, gathering traders from all over the world executing thousands of BCH trade offers. Also Read: Plans to Build $50M Bitcoin Cash Tech Park Revealed 56,000 Local.Bitcoin.com Accounts and Growing Since launch the peer-to-peer marketplace…
Opinion: We Want Bitcoin Results, Not Predictions NewIs it safe to say that people are tired of talking about bitcoin? While not necessarily bored by it, they are tired of hearing the same things over and over, one of which is that the currency is about to enter a huge rally of sorts. No More Bitcoin Predictions; We Want to See Change...…
Graeme Moore Publishes Bitcoin Book for Kids NewA new book has emerged to teach children about bitcoin. Known as “B Is for Bitcoin,” the book shows children the basics of both the alphabet and cryptocurrency, a technology that is likely to become the norm when they’re full-fledged adults. Showing Kids the Wonders of Bitcoin At press time, cryptocurrency and blockchain can still...…
Tom Lee: Another Big Leap for BTC Is Coming NewWell, it looks like Tom Lee is back in the news, and when you really think about it, why shouldn’t he be? The year is almost over – we only have about 3.5 months to go before 2020 rings in – and bitcoin has ultimately underperformed and come up short regarding bitcoin bulls’ expectations. Lee,...…
Ripple Co-Founder Keeps Getting More and More XRPHey, Ripple: if you want to continue to anger your fans and customers, just keep doing what you’re doing! The company has now moved more than $26 million USD in XRP units to a wallet held by one of the company’s founders, Jed McCaleb, the same man who co-founded Stellar and the now defunct Mt....…
Is China Finally Easing Up on Cryptocurrencies?It looks like some people (or entities) can change their minds after all. Despite a mixed relationship with cryptocurrency in the past, the People’s Bank of China (PBC) appears to finally be easing up to it. Is China Becoming “Friendlier?” As China’s central bank, the financial institution is looking to release its own digital currency...…
How the E.U. Plans to Battle Against LibraIt appears Libra doesn’t have that many fans. The new digital currency from Facebook is stemming controversy and dislike everywhere it goes, and now the European Central Bank (ECB) is taking what it deems to be necessary action by building its own national digital coin as a means of competing with it. Libra Just Can’t...…
Warner Music and Dapper Labs Partner to Create “Flow” BlockchainWho would have ever guessed that music and the blockchain could go so well together? Warner Music Group, the company behind major music stars like Cardi B and Ed Sheeran, has invested more than $11 million in Dapper Labs. Warner Music and Dapper Labs: A Perfect Match? Warner Music first became interested in the company...…
Bitcoin, Stocks, Or Precious Metals: Which Turns The Most Profit? NewBitcoin’s strong and stable performances in 2019 have been undeniable. As the cryptocurrency’s returns continue to outperform gains seen in traditional market stalwarts (i.e. gold, silver, and the S&P 500), many traders are making comparisons to its relative strength within the market. A recent tweet from crypto analyst @BitcoinEcon has raised some key questions for…
Tim Draper Says $250,000 Bitcoin Price Prediction is Conservative NewBillionaire venture capitalist Tim Draper says his bitcoin price forecast of $250,000 by 2022 understates the power of BTC. Inflation and Government Distrust Will Boost Bitcoin Price Speaking to BlockTV, Draper described his famous $250,000 bitcoin price forecast as being conservative. According to Draper: $250,000 means that bitcoin would then have about a 5% market…
Trump Administration Goes After North Korean Bitcoin Hackers NewThe U.S. Treasury has announced sanctions targeting North Korean cybercrime syndicates responsible for over $2 billion in bitcoin exchange hacks. OFAC Sanctions North Korean Bitcoin Hacking Syndicate The U.S. Department of the Treasury announced the news in a press statement issued on Friday (September 13, 2019). According to the press release, the department’s Office of…
Sunday Digest: No Bitcoin Breakout Yet, and Libra Is Back In The News NewSo the first foolhardy participants have started to gather ahead of the Storm Area 51 event that 3.5 million Facebook followers are apparently going to. Whilst it doesn’t take a technical analyst to predict how badly that is likely to turn out, they can be quite useful for looking at Bitcoin price. Bitcoin Price: No Breakout…
Bitcoin Price Hits $12,000 on Kraken Following Order Matching Glitch NewCrypto trading service Kraken has revealed the reason for the abnormal Bitcoin price on its platform was due to an order matching bug. Abnormal Bitcoin Price Spread on Kraken On Saturday (September 13, 2019), the XBT/USD trading pair on Kraken experienced a $2,000 takeaway in both directions. 1/3 Yesterday a test of an unreleased advanced…
Nick Szabo, ‘Libra is a Cryptocurrency in the Same Way That a Doll is a Baby’ NewFacebook’s Libra Coin has been all over the news the past few months as more tech giants invest in the network. However, many people in the cryptocurrency community are skeptical about the new stable coin, saying that Libra doesn’t have the properties that made Bitcoin what it is today. Issues with Centralization As many people…
Bitcoin Price Could Reach $200k ‘In a Very Short Time,’ Says Bobby LeeAccording to BTCC co-founder Bobby Lee, bitcoin price could reach $200,000 in a very short space of time from now. Bitcoin Will Exceed $20,000 Speaking to Yahoo Finance UK, the founder of China’s first bitcoin exchange platform declared that the bitcoin price could continue to reach greater heights. According to Lee: We are in one…
Bitcoin Bulls Roar as Donald Trump Calls for Negative RatesOver the past few years, central bankers have grown enamored with negative interest rates. Monetary authorities believe that this policy, which amounts to banks and consumers losing money through the use of the fiat system, can help stave off economic […] The post Bitcoin Bulls Roar as Donald Trump Calls for Negative Rates appeared first…
Premier League: Bitcoin Logo to Appear on Watford Football Club JerseyWatford Football Club recently expanded its sponsorship deal with Sportsbet.io, which includes getting the bitcoin logo branded on the sleeves of the club’s jerseys. The move would create wider exposure for bitcoin among the fans and the general public. Bitcoin […] The post Premier League: Bitcoin Logo to Appear on Watford Football Club Jersey appeared…
Santander: Completes First End-to-End Ethereum Bond Worth $20MillionThe Ethereum network has the chance to become a new and increasingly important kind of public infrastructure. The latest proof the winds are blowing in that direction? Banco Santander, the largest bank in Spain and the 16th largest bank in […] The post Santander: Completes First End-to-End Ethereum Bond Worth $20Million appeared first on Blockonomi.
Kyber Network DEX Launches Its Own Fiat-Crypto GatewayKyber Network, the popular on-chain liquidity aggregator for Ethereum and ERC20 tokens, has recently made strides with the practicality of its decentralized exchange (DEX), KyberSwap. Now, the DEX is getting that much more useful as its builders have just unveiled […] The post Kyber Network DEX Launches Its Own Fiat-Crypto Gateway appeared first on Blockonomi.
Tom Lee: When S&P 500 Breaks Out Bitcoin Will Run Past $20,000Since peaking at $13,900 in June, Bitcoin has fallen by 25%, managing to lose the support of bulls after a rally from $3,150. Cynics of the cryptocurrency markets, like gold proponent Peter Schiff, have said that this is a clear […] The post Tom Lee: When S&P 500 Breaks Out Bitcoin Will Run Past $20,000…
Bitcoin Miners to Enjoy Tax Holiday in IranIran’s government is looking to provide tax breaks for bitcoin miners in the country. This move is the latest in a series of steps geared towards supporting the local crypto industry as a way of boosting the country’s economy. Meanwhile, […] The post Bitcoin Miners to Enjoy Tax Holiday in Iran appeared first on Blockonomi.
Signal Review: Crypto Trading Bot Platform for BinanceSignal is a platform designed to allow traders to make full use of all the opportunities for trading the range of digital assets available on Binance exchange. Signal provides traders with a wider range of tools than those currently found […] The post Signal Review: Crypto Trading Bot Platform for Binance appeared first on Blockonomi.
Ongoing EOSIO exploit allows attacker to gain 30,000 EOS as network freezesAn ongoing exploit on EOSIO is allowing an attacker to win every roll on gambling dApp EOSPlay by paying to fill blocks with their transactions. So far, the attacker gained 30,000 EOS worth over $110,000 while making the network “unusable.” Scale of the exploit A clever attacker was able to use REX, an EOS resource exchange for…
No, Bitcoin isn’t a PonziA common accusation toward Bitcoin: It’s a pyramid scheme. For BTC holders to profit critics claim it’s necessary to sell to other “suckers” at an even higher price. This is fundamentally wrong. Anatomy of a Ponzi A Ponzi scheme is an investment scam promising outrageous returns with little risk. Similar to a pyramid scheme, early backers…
On-chain data shows Litecoin is healthy, potential for LTC/BTC reboundOn-chain data around Litecoin is showing several healthy indicators, including an increase in the number of large transactions on the network. Apart from that, Litecoin’s volatility and price correlation to Bitcoin have dropped, indicating that there’s potential for a major LTC/BTC rebound. Deep dive into Litecoin network data The world’s fifth-largest cryptocurrency by market cap,…
Company behind CryptoKitties raises $11 million to create new blockchainDapperLabs, the company that created the popular CryptoKitties Ethereum collectibles game, announced the launch of its new blockchain platform—Flow. The company secured $11 million in funding from Warner, Andreessen Horowitz, and Venrock to create a developer-friendly blockchain. DapperLabs raises $11 million for new blockchain platform aimed at games The creators of one of the most…
Trump could ban Bitcoin like e-cigarettes, says prominent analystThomas Lee, the managing partner at Fundstat Global, believes the While House could issue an executive order banning Bitcoin and other cryptocurrencies. While Lee noted that he wasn’t expecting it “as of now,” the ban imposed on e-cigarettes means the U.S. could ban “anything.” The White House can try to ban anything (even Bitcoin) After…
Santander issues $20 million bond on Ethereum blockchainThe fifth-largest bank in Europe, Banco Santander, is the first financial institution to issue an “end-to-end” debt-based bond on Ethereum’s public blockchain. The move is an indicator of ETH’s growing importance in finance. A $20 million tokenized bond With the help of Nivaura, a London-based fintech, the Spanish banking giant developed a token to represent…
BitPay criticized for suspending Bitcoin donations to Hong Kong Free PressBitPay, a Bitcoin payment processor, was criticized by the Hong Kong Free Press for arbitrarily suspending donations to the publication, alleges editor-in-chief Tom Grundy. BitPay suspends donations to Hong Kong Free Press BitPay was accused of suspending donations to the Hong Kong Free Press, said editor-in-chief Tom Grundy, amidst massive city-wide protests and clashes with…
This Week Could Be Big For Bitcoin as Breakout Nears NewBitcoin traders turned off their terminals and occupied themselves with other things this weekend as the king of crypto barely moved. The BTC trading range is getting tighter which can only mean one thing – a breakout is imminent. Bitcoin Breakout This Week For the past day or so Bitcoin has been inactive. According to...…
Crypto Market & Bitcoin Sighting Upsides: BCH, EOS, TRX, ADA Analysis NewThe total crypto market cap is currently holding the $250.0B support area. Bitcoin price is struggling to gain momentum above the $10,400 and $10,500 resistances. EOS price is up more than 2% and it recently broke the key $4.000 resistance area. BCH price is back above the $300 pivot level and it could climb towards...…
Ethereum Price (ETH) Surging While Bitcoin Trading Sideways NewETH price broke the main $185 resistance and climbed above $190 against the US Dollar. Bitcoin price is consolidating above the $10,300 support area, with positive signs. There is a connecting bullish trend line forming with support near $188 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to continue...…
Key Technical Indicator Signals Bitcoin is Gearing Up for a Big Move NewAfter inching higher yesterday, Bitcoin faced a somewhat strong rejection at just above $10,400, which has brought the cryptocurrency down towards its next key support level at $10,000. A failure for bulls to hold this level could mark a short-term trend shift that sends BTC significantly lower. It is now important to note that one...…
Analyst Says More People Will Buy Bitcoin as Equity Markets Climb NewBitcoin’s price action has grown stagnate in the lower-$10,000 region over the past several days, which has proven to be a positive thing for multiple major altcoins, as they were able to post large gains yesterday with Ethereum leading the way. Now, one analyst and a prominent Bitcoin bull is explaining that he believes BTC...…
Bitcoin (BTC) Price Weekly Forecast: Slow And Steady Increase LikelyThere was a downside correction from the $10,954 swing high in bitcoin price against the US Dollar. The price is holding the $10,000 support and it could bounce back in the near term. There is a major bullish trend line forming with support near $10,140 on the 4-hours chart of the BTC/USD pair (data feed...…
Ethereum Network Demand Surges; Will ETH’s Price Follow?Ethereum (ETH) surged today after the aggregated altcoin market responded bullishly to Bitcoin’s period of consolidation in the mid-$10,000 region. This upwards momentum has sent it up towards $185, which has previously been a strong level of support for the cryptocurrency. Now analysts are noting that Ethereum’s network is expressing significant strength, which may be...…
Neufund Gets Nod from Liechtenstein Regulator for Token OfferingsWith minimum ticket sizes as low as 10 euro, Neufund says it's bringing capital markets to the people.- This Week Could Be Big For Bitcoin as Breakout NearsBitcoin traders turned off their terminals and occupied themselves with other things this weekend as the king of crypto barely moved. The BTC trading range is getting tighter which can only mean one thing – a breakout is imminent. Bitcoin Breakout This Week For the past day or so Bitcoin has been inactive. According to...…
- Crypto Market & Bitcoin Sighting Upsides: BCH, EOS, TRX, ADA AnalysisThe total crypto market cap is currently holding the $250.0B support area. Bitcoin price is struggling to gain momentum above the $10,400 and $10,500 resistances. EOS price is up more than 2% and it recently broke the key $4.000 resistance area. BCH price is back above the $300 pivot level and it could climb towards...…
- Ethereum Price (ETH) Surging While Bitcoin Trading SidewaysETH price broke the main $185 resistance and climbed above $190 against the US Dollar. Bitcoin price is consolidating above the $10,300 support area, with positive signs. There is a connecting bullish trend line forming with support near $188 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to continue...…
Bitcoin Mining Power Hits New High as Half a Million New ASICs Go OnlineThe computing power dedicated to mining bitcoin has hit yet another new high, suggesting that as many as 600,000 machines have come online since June.- Crypto News From Asia: Sept. 9–15This week’s selected cryptocurrency and blockchain news from Japan and China, courtesy of Cointelegraph Japan
- Crypto News From the German-Speaking World: Sept. 9–15 in ReviewThis week’s selected cryptocurrency and blockchain news from the German-speaking world, courtesy of Cointelegraph auf Deutsch
CV Market Watch™: Weekly Crypto Trading Overview (September 6-13, 2019)Bitcoin (BTC) once again froze around the $10,000 level, still supported by high liquidity, but indecisive for a larger rally.
Cubans Circumvent Embargoes with Crypto ShoppingCrypto assets are truly international - and helping break out of embargoes.
Ethereum Classic (ETC) Completes Atlantic Hard ForkThe ETC market price will now have to survive after the hype of the hard fork dissipates.
Cosmos (ATOM) Extends Rally with Growing RisksCosmos (ATOM) broke above its sliding trend on news of its upcoming listing on Binance.US, but the new price starts to look shakier.
France to Block Development of Libra?French Minister of Finance Bruno LeMaire warned that the launch of Libra would threaten the monetary sovereignty of governments.
Bull Bitcoin Joins Blockstream’s Liquid Exchange Network NewLiquid adds another exchange to its collection of global partners.
Kaleido’s Enterprise Clients Can Now Transfer Tokens In Complete Privacy NewEnterprise blockchain firms using Kaleido's platform will now be able to transact privately with one another.
ConsenSys Announces Codefi Project to Boost DeFi Adoption NewConsenSys is doubling down on the DeFi ecosystem with a new product suite called Codefi.
Browser Extensions Can Help Scammers Steal Your Bitcoin: Casa CEO NewBrowser add-ons can steal your crypto and identifying information, said Casa's Jeremy Welch
What Bitcoin’s Valuation Says About Its Volatility NewNoelle Acheson argues that bitcoin’s volatility is intrinsic and is unlikely to diminish with increased liquidity – and that’s not a bad thing.