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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....
Binance Joins Forces With Paxos to Launch USD-Backed Stablecoin ‘BUSD’
5.9.2019
Binance announced its partnership with Paxos to launch USD-backed stablecoin, approved by the NYDFS
Bitcoin Bulls Weaken a Bit; BTC/USD Trades Around $10,550 After Soaring at $10,800
5.9.2019
BTC/USD fell from the upper range of $10,600 and $10,800 to trade around $10,550. Bitcoin price will face the major and key support at $10,000 only, with immediate support area being around $10,300. Bitcoin price has a bearish crossover at present after having a trade above $10,800 in the latter...
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...
Samsung Galaxy S10 Now Supports Stablecoins: TrueUSD, Maker, USD Coin
30.8.2019
South Korean tech giant Samsung expands its Galaxy S10 with three stablecoins such as TrueUSD, Maker and USD Coin
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...
ERC20 Tether Transactions Flip Their Omni Equivalent
29.8.2019
Crypto enthusiasts have noticed that the Ethereum blockchain has come awfully close to reaching capacity due to the added transactions stemming from the Tether (USDT) network. The transaction count since mid-August shows the ERC20 version of tether has surpassed the original version that uses BTC....
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...
Beyond USD: The Next Frontier for Stablecoins
27.8.2019
The next generation of stablecoins will eschew the U.S. dollar as their basis, writes Bitspark's George Harrap
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...
Did Someone Just Buy 45 Bitcoins for USD 14?
23.8.2019
Users of Singapore-registered cryptocurrency exchange BitMax (39th by reported trading volume) are scratching their heads as it looks like someone managed to buy 45 bitcoins for USD 14 today, which would normally cost c. USD 458,100.
Today, a screenshot started to circulate in social media...
Ethereum Classic is the Only Green Spot as BTC Dives Below USD 10K
21.8.2019
While nearly all the coins in the top 100 in terms of market capitalization are in red today, Ethereum Classic (ETC) remained the only green spot among the top 20 largest tokens on Wednesday.
Its 24-hour gains fluctuated from 12% to less than 1% and still might turn red as bitcoin price dropped...