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Bitcoin Dives Below USD 10K Again, Crypto Market is Down 8%
15.8.2019
Source: iStock/hocus-focus
As the sell-off in the crypto market is continuing this week, the most popular cryptocurrency, bitcoin, just took one step lower and now trades below USD 10,000, or the level last seen on July 31. Among the top 100 coins only a few are in green.
At pixel time (05:00 UTC)...
Norwegian Pushes Crypto Adoption Further Beyond Its Company
14.8.2019
Stablecoins may be about to see more widespread use in traditional business as “several big suppliers” of the low-cost carrier and one of the biggest airlines in Europe, Norwegian, are reportedly positive about this alternative transaction method.
As reported, Norwegian is launching its...
Ad Watchdog Warns Crypto Companies Not to Mislead the Public
14.8.2019
UK advertising watchdog, the Advertising Standards Authority (ASA), sent a signal to all crypto companies not to overhype crypto and to clearly indicate all risks to the consumers.
Following a newspaper ad for the cryptocurrency trading platform BitMEX from January 2019, the ASA received four...
How Mike Tyson Made Headlines in Cryptoland without Even Knowing It
14.8.2019
Mike Tyson. Source: a screenshot, Instagram/miketyson
The crypto news sites reported on Tuesday that a cryptocurrency offering is coming the cryptoland’s way, supposedly backed by the (in)famous boxer Mike Tyson - a project which reportedly turned out to be a fraud.
Unfortunately, even the crypto...
Bitcoin Signaling Downtrend While Altcoins Holding Ground
14.8.2019
This week, bitcoin price declined steadily below the USD 11,500 support. Recently, there was a sharp increase in selling, resulting in a bearish break below the USD 11,200 and USD 11,000 supports. BTC/USD even broke the key USD 10,750 support and moved into a downtrend. On the other hand, most...
Samsung Adds Bitcoin to its Crypto Wallet, Available on Note 10 Also
14.8.2019
Samsung Galaxy Note 10. Source: a video screenshot, Youtube, Samsung
The biggest smartphone maker Samsung has added Bitcoin support to its forthcoming Blockchain Keystore Software Development Kit (SDK) and confirmed that its cryptocurrency wallet is supported on its newest flagship phablet, Galaxy...
Bitcoin Drops to USD 10.5K, Ether, XRP Remain Steady, BCH Rallies
14.8.2019
Bitcoin once again saw losses this week after having sold off on both Monday and Tuesday, as traders rushed to take profits after the rally seen earlier this month.
At pixel time (05:20 UTC), bitcoin (BTC) trades at c. USD 10,576 and is down by 7% in the past 24 hours and by 9% in the past week....
This Might be the Real Reason Why Coinbase UK Delisted Zcash
14.8.2019
The UK branch of major American cryptocurrency exchange Coinbase had to change its bank and a new partner is reportedly not willing to indirectly support privacy coins, such as Zcash (ZEC).
For unknown reasons, Barclays, the UK-based major bank, is no longer working with Coinbase, while...
Is Crypto Tax Coming to Brazil’s Richest State?
14.8.2019
The state parliament of São Paulo, in Brazil, is set to vote on the introduction of a tax on cryptocurrencies, with a private member’s bill making rapid progress through the legislature.
The state’s parliamentary gazette reports that the bill is now at its final committee stage.
The bill was...
Ethfinex to be Closed as its Operator Bets on Decentralization
13.8.2019
Source: iStock/da-kuk
In an attempt to focus on the Decentralized Finance (DeFi) community, Ethfinex, a crypto trading platform operated by iFinex, which also controls major crypto exchange Bitfinex, is becoming DeversiFi.
"With DeversiFi now able to compete with existing centralized exchanges,...
Final Decisions on Two BTC ETFs in October May Not Be Final After All
13.8.2019
It seems that the crypto industry's struggle to finally have a Bitcoin ETF (exchange-traded fund) approved by the U.S. Securities and Exchange Commission (SEC) may not end with final decisions on two ETFs in October even if they are negative.
The SEC confirmed yesterday that it once again delayed...
Poloniex Begins Bitcoin Refunds to Investors Impacted by CLAM Crash
13.8.2019
In their attempt to repay the lenders impacted by the market crash back in May, the U.S.-based cryptocurrency exchange Poloniex said it will soon start crediting trading fees to lenders.
Just two months ago, the exchange, owned by major crypto company Circle, faced a backlash from the community...
An Unusual Case: ICO Project Ditches Blockchain, Buys Back its Tokens
13.8.2019
While bitcoin and major altcoins are at risk of further declines, a small blockchain project made an unusual announcement that pushed the price of its native token up.
The price of the Colu Network Local (CLN) token issued by crypto startup Colu DLT is surging after an announcement (it does...
Bitcoin and Altcoins at Risk of Further Declines
13.8.2019
Recently, there was a minor upside correction in bitcoin price above USD 11,400. However, BTC/USD struggled to continue above the USD 11,500 resistance. The current price action indicates a negative bias and it seems like BTC might continue to weaken in the near term. Similarly, there were bearish...
XRP Exploit Targeted Crypto Exchanges Again
13.8.2019
Unidentified cryptocurrency exchanges were targeted with a so-called XRP partial payment exploit today, a recently launched exchange Beaxy said, confirming that they were among the victims.
The company said in an update on Twitter that it has “applied a fix” and is rolling back “relevant trades...
Argentinians Pay Crypto Premium, Venezuelan Lottery to Give BTC Prizes
13.8.2019
Bitcoin is booming in South America as national fiats flounder – with Argentinians paying a premium for cryptocurrencies and the Venezuelan national lottery handing out cryptocurrency prizes.
Enthusiasm for cryptocurrencies is spiking in Argentina in the wake of election primary results on Sunday...
Crypto Listing & Delisting Announcements: Week 32
12.8.2019
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...
Crypto Market Sentiment Dropped: BTC in Positive, LTC in Negative Zone
12.8.2019
The crypto market sentiment measure, Sentscore, fell back to 4.76 (the average for the top 10 coins) this Monday, below 5.35 from last week, and closer to 4.43 from two weeks ago, according to Omenics, a crypto market sentiment analysis service.
Number one spot among the top 10 cryptocurrencies...
There is No Place for Binance IEOs on Binance US Yet
12.8.2019
Source: Instagram, Binance
While Binance US, the American branch of major cryptocurrency exchange Binance, included four stablecoins among its 30 potential candidates to be listed on this upcoming platform, no Binance IEOs (initial exchange offerings) are on the list.
Hyped projects such...
Coinbase UK Ditches Zcash, Founder Insists Coin is Compliant
12.8.2019
The UK-based branch of popular American crypto exchange Coinbase is de-listing Zcash (ZEC) from its trading platform, an email sent out to clients late last week revealed.
According to the email, the privacy-focused cryptocurrency will be removed effective August 26, 2019. All clients are asked...