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Bitcoin Extending Gains While Altcoins Consolidate and Struggle


Yesterday, we saw a strong upward move in bitcoin price above the USD 10,350 resistance level. Later, there was a downside correction, but BTC/USD remained well bid and later climbed above the USD 10,500 resistance level. However, most major altcoins struggled to continue higher and currently...

Auditor, Bank and Sports Platform Turn to Bitcoin, Crypto Payments


Companies are continuing to turn to Bitcoin as a form of payment, with a leading global auditor and an American sports and entertainment platform opening their doors for BTC-holding customers. Moreover, a 176-year-old Norwegian bank has invested in a crypto exchange. Auditor PwC Luxembourg...

BTC, Altcoin Prices Drop Sharply After Day of Growth, Ripple Moves XRP


Bitcoin remains comfortably well the USD 10,000 mark. But despite a second day of growth, with prices steadily climbing towards USD 11,000, investors appeared to have been spooked late on Tuesday night (GMT). A number of popular altcoins had also been showing upward growth, with hints of market...

Crypto Traders Mull Binance Alternatives As U.S. Ban Looms


Less than 10 days left until major crypto exchange Binance closes its main trading platform for U.S. residents, while the exact date when the American branch of the company, Binance.US will launch is unknown. As the exchange remains tight-lipped about the possible transitional period, local traders...

Another Bitcoin-ETF Workaround Found, Creators Hope It'll Work


Source: iStock/Photographer, Filmmaker, Designer On Thursday, U.S.-based Van Eck Securities Corp. and SolidX Management LLC plan to start selling shares in a limited version of a crypto exchange-traded fund (ETF), The Wall Street Journal reported, citing both companies. They are employing a rule...

Russian, Chinese Capital ‘Threat’ to Bithumb + More Crypto Briefs


Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news that went under the radar of the main Crypto news. _____ Cryptocurrency exchange news There’s a warning for cryptocurrency exchanges in South Korea. Per a News1 report, experts say that 80% of the country’s...

Bitcoin and Altcoins Recover With Few Warning Signs


In one of the recent analyses, we discussed the importance of the USD 10,000 resistance for bitcoin. It seems like the bulls were successful in surpassing this level. BTC/USD rallied close to 7% in the past three sessions and broke many resistances, including USD 10,100, USD 10,220 and USD 10,350....

Four Japanese Banks Invest in Ripple-powered SBI App


Financial group SBI has announced that four major Japanese banks have invested in its cashless remittance app, the Ripple-powered MoneyTap app for smartphones. Per an official release, SBI says that Awa Bank, Kita-Nippon Bank, Daisan Bank and a fourth, as-yet-unnamed bank have become shareholders...

Playing to Win: Earn Crypto via CoinPoker's Referrals


Disclaimer: The text below is a sponsored article. _________ Cryptocurrency poker platform CoinPoker has launched yet another set of features designed to promote earning opportunities for both its new and veteran players. While the platform’s new features usually work in concert with one another...

International Regulator Appoints New ‘Crypto Regulations’ Chief


International financial authority the Financial Stability Board (FSB) has appointed one of Japan’s top cryptocurrency regulators as its new leader. Ryozo Himino. The FCB said, per an official release, that it had appointed Ryozo Himino, the Vice Minister for International Affairs of his country’s...

Bitcoin Rallies Above USD 10K, Takes Bigger Share Of Crypto Market


Source: iStock/in-future After trading below USD 10,000 for almost a week, the most popular cryptocurrency, bitcoin has returned above this level one more time. While the absolute majority of other coins are also in green, bitcoin's dominance increased. At pixel time (03:58 UTC), bitcoin trades...

Crypto Market Sentiment Remains Neutral


The average crypto market sentiment measure, Sentscore for the top 10 coins by market capitalization stands at 4.46 (neutral) this Monday, according to Omenics, a crypto market sentiment analysis service. Nine out of the top ten tokens remain in the neutral zone, with Monero (3.7) being the only...

Coin Race: Top Winners/Losers of August


This year the fall came earlier than expected as August marked the second consecutive month of falling coin prices for cryptocurrency investors. The total market capitalization has shrunk more than USD 20 billion, leaving the vast majority of top cryptocurrencies bleeding. Nevertheless, August...

Crypto Listing & Delisting Announcements: Week 35


Below is our weekly collection of digital asset listing and delisting announcements by cryptocurrency exchanges that we found last week. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. ______________________________ ABCC...

Bitcoin Wedge Pattern May Lead to New ‘Parabolic Phase’: Analysts


Chart analysts seem to be turning increasingly bullish on bitcoin, as several different approaches all suggest higher bitcoin prices may be right around the corner. Global Macro Investor founder Raoul Paul shared a bitcoin chart along with some encouraging words to all bitcoin holders...

Bitcoin conference Baltic Honeybadger 2019: bear market edition


Disclaimer: The text below is a press release that was not written by Cryptonews.com. _________ The Bitcoin conference of the year, Baltic Honeybadger, opens its doors on the 14th-15th of September, 2019 in Riga, Latvia The Baltic Honeybadger conference is a major Bitcoin event in both Europe...

‘Regulation, Funding and Uncertainty’ Rock S Korean Blockchain Market


South Korea’s blockchain industry is experiencing teething issues – while only 20% of domestic blockchain-related companies are actually selling anything, per reports. While some of the country’s biggest IT giants and banks forge away with big-name blockchain products and services this year...

Bitcoin and Altcoins Rebound Could Face Resistance


This past week, we saw a downside extension in bitcoin price below the USD 10,000 and USD 9,750 support levels. BTC/USD even broke USD 9,500 and traded close to USD 9,300. Recently, the price started an upside correction, above USD 9,500, but it is facing a lot of hurdles on the upside near the...

Boxer and Senator Manny Pacquiao Finally Launches His Coin


Source: Twitter, @MannyPacquiao Boxing star Manny Pacquiao has launched his long-awaited Pac digital token – and will list it on a Singapore-based exchange. Pacquiao announced the launch at a concert in Manila in front of 2,000 of his fans, per a report from Reuters. Pacquiao is a former world...

Binance’s Venus and the Swarm of CorpoCoins


Dr. Bruce Ng is an educator in the field of Distributed Ledger Technology (DLT) and has been a lead crypto-tech analyst for Weiss Cryptocurrency Ratings since shortly after their launch. __________ Just last week, a new Libra competitor burst onto the scene: Binance announced that it will launch...

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