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Bitcoin and Altcoins Trading Near Make-or-Break Levels
28.8.2019
This week, bitcoin price started a slow and steady decline from the USD 10,500 resistance area. BTC/USD is currently (08:00 UTC) trading below the USD 10,250 and USD 10,200 support levels. The current price action suggests high chances of more downsides in the coming sessions. Similarly, most major...
Binance Futures Coming Soon, IEO Investors Should ‘Adjust Mentality’
28.8.2019
Changpeng Zhao. Source: Twitter, @cz_binance
In a livestreamed “ask me anything” (AMA) session hosted by Binance CEO Changpeng Zhao on Wednesday, the crypto exchange executive revealed more details about Binance’s upcoming crypto futures, while also urging some crypto investors to “adjust” their...
Telegram's Gram Might be Available to the Public Within Two Months
28.8.2019
Some investors in Telegram’s new digital token, the Gram, reportedly will immediately be able to sell their coins once they are delivered within the next two months.
As the deadline to deliver Grams is approaching on October 31, the major messaging platform is planning to get those coins out before...
United States SEC Chief: No Securities Law Changes for Crypto
28.8.2019
The chairman of American financial regulatory body the Securities and Exchange Commission (SEC) says he is “not looking to expand securities laws” dating back some 85 years to make provisions for cryptocurrencies and initial coin offerings (ICOs).
Speaking to Bloomberg, SEC chief Jay Clayton...
The Faketoshi BTC 550K Saga - Where Do We Go From Here?
27.8.2019
Craig Wright. Source: a video screenshot, Youtube, Crypto Finder
With the ruling coming in on August 26th in the case of Craig Wright, a controversial Australian computer scientist and supporter of Bitcoin SV (BSV), also known as 'Faketoshi', one may think that this episode in the Cryptosphere...
Brazilian Central Bank Changes its Cryptocurrency Classifications
27.8.2019
The Brazilian central bank – the Banco Central do Brasil (BCB) – has made changes to the way it classifies cryptocurrencies.
In an official announcement, the BCB says that it is moving in line with International Monetary Fund (IMF)-issued guidelines on cryptocurrencies. From now on, the BCB said...
Check These 14 Ethereum Projects Picked by an Investor
27.8.2019
Kyle Samani, managing partner at crypto hedge fund Multicoin Capital, tweeted about 14 projects from the popular EthBerlin he chose as his top picks.
The three-day event for the Ethereum developers held last week was filled with speakers, discussions, presentations, and – of course – a hackathon...
90% of Clients Use Crypto for Speculation Only: CEO of Major Wallet
27.8.2019
It’s not a secret that crypto still has a way to go before its use for everyday transactions will catch up with speculative demand. However, one outspoken crypto executive sheds a bit more light on the current status of crypto. At least, at the company he manages.
In a recent interview with CNBC...
Tether Paid USD 267K in Ethereum Fees Last Month
27.8.2019
The most popular stablecoin, Tether is the largest payer of gas fees on the Ethereum blockchain, followed by a reported scam, then a cryptocurrency outside the Top 100 coins and is even larger than a major decentralized exchange, according to the ethgasstation.info data.
In the past 30 days, Tether...
Bitcoin and Altcoins Continue To Follow Bearish Path
27.8.2019
Yesterday, we saw a strong bearish reaction in bitcoin near the USD 10,500 resistance level. As a result, BTC/USD started a fresh decline below the USD 10,400 and USD 10,320 levels. The price is now trading near USD 10,200 and it seems like the bears are eyeing more downsides in the coming...
Craig Wright ‘to Pay BTC 1m’ as Judge ‘Rejects’ His Testimony
27.8.2019
Bitcoin pioneer Craig Wright could be set to lose a whopping 50% of the BTC tokens he mined with his now-dead business partner David Kleiman – a figure that could be as high as BTC 1 million.
A Twitter user claiming to have attended the latest court hearing in the case said that the presiding judge...
This is How the USD 10M per BTC 'Thought Experiment' Would Look Now
26.8.2019
Source: iStock/pixel_dreams
Ten years ago, Harold Thomas Finney, cryptographer and crypto pioneer who worked closely with Bitcoin creator, Satoshi Nakamoto (or some say he's Satoshi himself), did a thought experiment and found out that one bitcoin (BTC) would be worth a whopping USD 10 million...
Crypto Listing & Delisting Announcements: Week 34
26.8.2019
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...
Binance Enters Crypto Lending Business
26.8.2019
Major cryptocurrency exchange Binance just took another step in expanding their services as they're entering the crypto lending business.
Binance said it will launch their new Lending Platform August 29 6:00 AM (UTC).
In the first phase of the Lending launch, 14-day fixed term BNB (annualized...
In 'Unbiased' Research Binance Criticizes Ethereum, Praises Own Chain
26.8.2019
Major crypto exchange Binance came out with their report which compares and analyzes a number of token standards across blockchains: the influential company is praising its own recently launched product, while criticizing many others’.
After going over token standards across more than twenty...
Bitcoin and Altcoins In Downtrend Despite Recent Bounce
26.8.2019
This past week, there were mostly bearish moves in bitcoin price below the USD 10,500 and USD 10,200 levels. BTC/USD even revisited the USD 9,750 support area and it recently started an upside correction. The price surged above USD 10,200 and USD 10,300, but the main resistance near the USD 10,500...
Are South Korean Exchanges Preparing a Delistings Purge?
26.8.2019
South Korea’s biggest exchanges are looking to slim down their listings – with a slew of delistings possibly on the cards at the country’s “big four” platforms.
Per a report from Fn News, Upbit is set to delist the Sphere (SPHR), Edgeless (EDG) and Guppy (GUP) cryptocurrencies, and will likely...
Libra ‘Concerns Remain’ for US Lawmakers after Switzerland Talks
26.8.2019
Maxine Waters. Source: a video screenshot, YouTube, NBC News
The head of the United States House of Representatives’ Financial Services Committee says that it is still “concerned” by Facebook’s proposed Libra stablecoin despite extensive meetings with politicians and financial regulators...
8 Reasons You Should Get Into Bitcoin
26.8.2019
Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com.
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You must have heard of Bitcoins one way or another. A virtual currency that has taken the world by storm over the last several years, Bitcoins continue to be the most popular among its kind. Bitcoin...
Hashed CEO on New Trend In Crypto Startup Investing: Money Wises Up
25.8.2019
Blockchain investment is still in its early days. But with a scene that moves fast, it will come as no surprise to hear that the investment landscape has already changed beyond recognition.
Simon Kim, CEO of South Korea-based blockchain accelerator Hashed, says that the days of passive investors...