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Can Donald Trump Ban Bitcoin and Cryptocurrencies?
15.7.2019
Source: Twitter, @realDonaldTrump
The President of the United States, Donald Trump, can theoretically go after Bitcoin and cryptocurrencies but in reality, such a ban is highly unlikely, according to a recent discussion in the cryptoland.
The discussion was sparked by the Trump’s tweetstorm where...
Crypto Listing & Delisting Announcements: Week 28
15.7.2019
Source: iStock/~UserGI15632523
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...
Pundi X Partners With PoS Giant, Brings Crypto to More Retailers
15.7.2019
VeriFone X990 and Pundi XPASS card. Singapore-based blockchain company Pundi X claims it has made another step towards cryptocurrency adoption by integrating its technology into traditional point-of-sale (PoS) terminals, released by a major provider of such devices, U.S.-based Verifone.
According...
Buterin’s 'Ethereum+Bitcoin Cash' Scalability Solution Draws Criticism
15.7.2019
Vitalik Buterin, co-founder of Ethereum. Source: a video screenshot, edited by Cryptonews.com
A new Ethereum scalability solution, which would include using the Bitcoin Cash (BCH) blockchain as the data layer, proposed by Ethereum co-founder Vitalik Buterin, was met with a wave of criticism....
Bitcoin and Altcoins Trend Turns Bearish
15.7.2019
This past week, bitcoin and altcoins struggled to continue higher. BTC/USD topped near the USD 13,000 resistance area and recently started a significant downward move below USD 12,000 and USD 11,000. The price dipped more than USD 1,000 in a few hours and tested the USD 10,000 support area....
US Lawmakers Draft "Keep Big Tech out of Crypto" Bill
15.7.2019
American parliamentarians are moving fast in an attempt to stop major IT companies from offering financial services and issuing cryptocurrencies.
The draft discussion bill (which you can read in its entirety here), is entitled the Keep Big Tech out of Finance Act. The proposal has been circulated...
SK, LG U+ and KT Join Samsung and Banks on Blockchain Project
15.7.2019
All three of South Korea’s major mobile carriers, KT, SK and LG U+, have joined forces with Samsung, banks KEB Hana and Woori and financial IT firm Koscom to collaborate on a blockchain-powered mobile identification platform.
The consortium says its platform, which should be available on almost...
Crypto Markets See Double-Digit Crash, Bitcoin Dips Below USD 10,000
15.7.2019
Source: iStock/hocus-focus
After a short term recovery last week, when bitcoin price reached USD 13,000 again, it dropped over the weekend dipping even below the psychologically important level of USD 10,000 for c. 10 minutes on Monday morning (UTC time). Only a few coins from the top 100 are...
Libra is a Red Herring. Facebook's Main Game is Calibra
14.7.2019
Calibra has little to do with the ideals behind blockchain. The digital wallet is more like a traditional bank account.
www.shutterstock.com
Amid the hype around Facebook’s plan to launch its own digital token, Libra, there’s one big question. How is the company going to profit...
Top 5 Bitcoin Cashback Rewards Apps You Can Use to Earn Bitcoin
14.7.2019
Cashback rewards have been made popular by credit card companies seeking to attract new customers for their cards. Fortunately, for cryptocurrency users, there are also bitcoin cashback reward platforms that pay shoppers small rebates in bitcoin when making purchases with supported merchants....
Can We Trust Crypto Exchanges With Each Other's Coins?
13.7.2019
Crypto-exchanges are getting big ideas. Barely satisfied with merely facilitating trades between investors, the biggest among them are branching out to launch their own blockchains, their own tokens, and their own ecosystems.
This, at least, is what Binance has been doing in recent months...
Crypto’s Travels: 20 Crypto Jokes
13.7.2019
Another week of crypto fun and unpredictability is almost behind us. Let’s check out a few things that happened, before moving on to the jokes of the week.
In Bitcoin news: we saw Bitcoin sneaking to USD 13K, with altcoins struggling to keep up, then finally hitting it for the third time this year...
Strongest Bull Market in Bitcoin History
12.7.2019
Juan Villaverde is an econometrician and mathematician devoted to the analysis of cryptocurrencies since 2012. He leads the Weiss Ratings team of analysts and computer programmers who created Weiss cryptocurrency ratings.
______
Bitcoin hit rock bottom on Dec. 15, 2018.
According to CoinMarketCap...
OKEx Heats Up Competition in the U.S. Market via OKCoin
12.7.2019
Major Asian cryptocurrency exchanges are intensifying competition for the huge and highly regulated U.S. market. As Binance is preparing to launch its American branch in the coming months and Huobi is already strengthening its presence here, OKEx is also taking steps in an attempt to reach more...
Coinpaprika Bets on its Mobile-only Product, Will Look For Investors
12.7.2019
Ad and fee-free crypto research platform, Coinpaprika, is building their business model on the mobile-only COINS product and will be looking to raise more capital to support faster growth, CEO Mike Grzybkowski tells Cryptonews.com.
While “Coinpaprika is and will remain completely free with all...
Bitcoin and Altcoins Could Stage Short Term Recovery
12.7.2019
Recently, there was a significant drop in bitcoin price below the USD 12,500 and USD 12,000 support levels. BTC/USD traded close to the USD 11,000 support level and later started consolidating losses. It is currently (06:30 UTC) correcting higher, but it might face hurdles near USD 11,650 and...
Hackers Steal USD 32M in Crypto from BITpoint Japan
12.7.2019
Source: iStock/Ali Kerem Yücel
On July 11, hackers stole JPY 3.5 billion (USD 32 million) from the Japanese cryptocurrency exchange BITpoint, its parent company Remixpoint confirmed today, adding that victims of the hack will be compensated.
The exchange stopped all its services earlier today...
Binance: 10K Margin Traders Borrow USD 15M; BNB Jumps on Burn News
12.7.2019
More than 10,000 people signed up on “yesterday alone” for the Binance’s new margin trading account, which makes up more than USD 15 million borrowed for margin trading, CEO of Binance Changpeng Zhao said during a livestream today. The company has also announced a major Binance coin (BNB) burn...
S Korean Blockchain Sandbox ‘Leaving Crypto Companies in Limbo’
12.7.2019
Companies hoping to use South Korea’s regulatory sandbox to pioneer blockchain-powered overseas remittance operations have been left treading water – with ministers still undecided as to whether they will grant operating permits seven months after beginning deliberations.
Per media outlet Next...
Trump Takes Aim at Bitcoin, But Crypto Community Says ‘Thanks’
12.7.2019
Source: Twitter, @WhiteHouse
American President Donald Trump has lashed out at cryptocurrencies – taking aim at Bitcoin and Facebook’s Libra project in particular, and insisting that the social network and other token issuers must “face global regulations” if they intend on “becoming banks.”
In...