Ripple Starts Weakening; Reached $0.27 after a 2.70% Blow over a Day
23.9.2019
Ripple is down by 2.70% in the last one day and touched 0.27 USD. The next support for Ripple may come at 0.2656 USD. Ripple’s growth has made a complete U-Turn in the last few days. A few days ago, it was rising above 0.32 USD, and in the last 24 hours it has lost …
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Int’l Accounting Standards Body Defines Bitcoin as ‘Intangible Asset’
23.9.2019
Cryptocurrencies like Bitcoin are neither financial assets nor legal tender, says the International Financial Reporting Interpretations Committee
USD to Lead a Group of Fiat Currencies Backing Libra
23.9.2019
As per the reports, Facebook’s cryptocurrency, Libra will be backed by 50% by the US dollar and the rest by Japanese Yen (comprising 14%), Euro (comprising 18%), Pound Sterling (comprising 11%) and Singapore Dollar (comprising 7%). Chinese Yuan has not been included in the list till now. Facebook’s...
Washington Elite Announces Summit in Vienna
23.9.2019
The Austrian capital hosts some of the world’s brightest minds in smart city, crypto, M&A and renewable energy October 11 - 12 during the Washington Elite AI and Blockchain Summit – Smart City Edition in Vienna, Austria.
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Bitcoin Price Fluctuates Around USD 10K, Altcoins Decline
23.9.2019
This past week, bitcoin struggled to continue above the USD 10,350 and USD 10,400 resistance levels. As a result, BTC/USD declined and traded below the USD 10,150 and USD 10,000 support levels. On the other hand, there were sharp gains in major altcoins, including ethereum, ripple, EOS,...
South Korean Conglomerate CJ Group with Amazon’s Blockchain Develops Music Copyright System
23.9.2019
One of the largest conglomerates of South Korea, CJ group is planning to develop a music copyright blockchain management system with the help of AWS’ Amazon managed blockchain service. In a report, the news agency of Korea, Yonhap said that the subsidiary of the parent company CJ Group,...
Ethereum Faces Restraints; Falls Below $210 After a 1% Cut
23.9.2019
Ethereum loses 1% in one day and goes below 210 USD point. The next support for ETH may come at 203 USD. Ethereum (ETH) seems to have halted its growth movement and in the last 24 hours, it has been hit by a 1% decline in the value. The current price is roaming around 208 …
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OKEx Slams New Wash Trading Allegations as ‘Inaccurate and Misleading’
23.9.2019
OKEx claims that the wash trading allegations made in a recent report are based on questionable data collection methods
Stock Exchange Giant Launched Crypto Platform as Bakkt Went Live Today
23.9.2019
The second-largest stock exchange in Germany, Boerse Stuttgart, has launched Boerse Stuttgart Digital Exchange (BSDEX), which is the Germany’s first regulated trading venue for digital assets.
"As of now, selected users in Germany can connect directly to the trading venue, where they can trade...
Sorry BitPay, New Bitcoin Upgrade Proposal Disables BIP70 by Default
23.9.2019
New headache for BitPay as BIP70 deletion gets closer
CME Group Declares Launch Options on Bitcoin Futures Contracts
23.9.2019
Recently, The Chicago Mercantile Exchange (CME) Group, the world’s outstanding and most assorted derivatives market place, reported that it would initiate options on its Bitcoin futures contracts in the first quarter of 2020, pending regulatory audit. This development was declared in a recent...
What Billions in Fed Repo Injections Reveal About the Promise of Bitcoin
23.9.2019
The Fed Reserve has injected $278 billion injection into the securities repurchase market. Mike J. Casey Looks at what it means for crypto