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USD Coin Price Continues the Moderate Momentum

20.9.2019
USD Coin has always maintained a tight hold in the market. The recent fall in the price couldn’t hamper the currency. Bitcoin has also shown a stronghold during the fall. The coin never fell below $9,000. Similarly, USDC hasn’t dropped below $0.99. The future is speculated to give high return....

Ontology Price Plunge Takes it Back to 0.79 USD

19.9.2019
Ontology (ONT) price recently touched $0.85. The escalation in price grabbed a lot of eyeballs. The month opened at $0.71 and it took almost 15 days to reflect a visible upsurge. Well, the currency is moving back from it started. If we look at yesterday’s chart, ONT touched a high at 0.857072 USD...

Crypto Market Turned Red, Bitcoin Below USD 10,000 Again

19.9.2019
In a sudden move in early hours of Thursday (UTC time), the crypto market dropped trimming its recent gains. The most popular cryptocurrency, bitcoin, slipped c. 3% in 20 minutes and once again lost the USD 10,000 support. At pixel time (03:40 UTC), bitcoin trades at c. USD 9,857 and is down...

Ether Hit USD 200; On its Way to Surpass BTC in Daily Transaction Fees

17.9.2019
After a strong rally in the past week, the second largest digital token by market capitalization, ether (ETH), climbed above the USD 200 level today, where it was almost a month ago. Moreover, researchers claim that Ethereum is also overtaking Bitcoin in daily transaction fees. A major reason...

CME Wants to Double Its Monthly BTC Futures Trading Cap to USD 100M

13.9.2019
The Chicago Mercantile Exchange (CME Group) has announced that it intends to double its monthly Bitcoin futures trading cap to BTC 10,000 (USD 103 million) – and has already asked America’s Commodity Futures Trading Commission (CFTC) for regulatory permission. Currently, individual investors...

Crypto’s Forgotten Altcoins Re-Emerge: A Look at What’s Happening

12.9.2019
During the crypto bull market of 2017, everybody was happy. It wasn’t just the BTC maximalists, BCH enthusiasts, or proponents of ETH. Privacy coins like monero were doing great, and even charity-supporting “comic relief” coins like doge were riding high. Since that enchanted...

Bitcoin Drops to USD 10K, Altcoins Struggle to Gain Bullish Momentum

11.9.2019
In the past few sessions, there was an increase in selling pressure on bitcoin below USD 10,400 and USD 10,300. BTC/USD even broke the key USD 10,250 support area to enter a negative zone. It dragged most major altcoins, including ethereum, ripple, BCH, litecoin, TRX and EOS. ETH/USD broke the...

Huobi Confirms That USD 1B Transaction Did Not Include Their Own BTC

9.9.2019
Source: iStock/D-Keine The recent transfer of more than 94,500 bitcoins, worth USD 1 billion at the time, sent crypto twitter into a theorizing frenzy, trying to figure out who could be behind this and why. We now know that cryptocurrency exchange Huobi’s funds are not a part of it. As previously...

Binance and Paxos Collaborate to Unveil a Stablecoin Pegged to USD

6.9.2019
Binance, the largest digital currency exchange in the world in terms of trading volume, and Paxos, a digital asset trust entity, have come together to unveil a stablecoin pegged to USD. The soon-to-be-launched stablecoin is referred to as BUSD (Binance USD). Binance shared this new update with...

Who Just Moved USD 1 Billion in Bitcoin?

6.9.2019
Source: iStock/Marie-Elizabeth Mali More than 94,500 bitcoins (USD 1 billion) were on the move Friday morning, causing a ruckus on the crypto Twitter. Such a transaction constitutes one of the largest wealth transfers recorded on the Bitcoin blockchain. According to the transaction tracker Whale...

15 Chinese Made USD 20M With Illegal Crypto Mining Scheme - Report

5.9.2019
Fifteen suspects were arrested in south-central China, the city of Henyang, for stealing electricity from Internet cafes to mine cryptocurrency. The scheme reportedly involved bribing nearly 9,000 computer administrators and earned c. USD 20 million during the period of 24 months, reports Chinese...

Binance to Launch USD-backed Stablecoin, Gets Approval in New York

5.9.2019
Major crypto exchange Binance said it partnered with Paxos Trust Company, a crypto custody company and issuer of stablecoins, in order to launch a new stablecoin, Binance USD (BUSD), later this month. "BUSD will be available on the Paxos platform for direct purchase and redemption 1:1 for U.S....

Blockchain.com Raising USD 50M + More Crypto Briefs

4.9.2019
Source: iStock/Aleksandr_Gromov Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Investment news Major crypto wallet Blockchain.com is in talks with investors about raising USD...

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

3.9.2019
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...

Billionaire Investor's Firm Builds USD 1Bn Crypto Venture

30.8.2019
Elwood Asset Management, owned by billionaire investor Alan Howard, is building a new crypto investment platform for institutional investors, The Financial Times reported, citing CEO Bin Ren. He sees this as a "very big growth opportunity" and hopes that the platform could eventually manage over...

Bitcoin, Altcoin Prices Drop Below USD 10,000 Leaving Analysts Stumped

29.8.2019
Bitcoin and altcoin prices have tumbled below the key USD 10,000 mark, with prices plummeting by USD 600 in just half an hour – although optimistic traders say they intend to “buy the dip.” Prices had been steadily fluctuating above the USD 10,200 mark on the evening of August 28. But just before...

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