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Cardano Best Weekly Performer, Litecoin Falls Out of Top 10
29.9.2020
After falling heavily in price earlier this month, cardano (ADA) has rallied strongly in the market over the past few days, outpacing all other cryptoassets in the top 30 by market capitalization on a weekly basis and entering the top 10 club again. Meanwhile, litecoin (LTC), which for a long time...
Crypto Listing and Delisting Announcements: Week 39
28.9.2020
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know...
KuCoin Hack Shows Key Difference Between Altcoins and Bitcoin
28.9.2020
"Unprecedented" moves by altcoins in the aftermath of the KuCoin hack showed that the old adage "not your keys, not your coins" might be true in the case of decentralized cryptocurrencies such as bitcoin (BTC) only.
As reported, following several abnormal transactions first...
Stablecoins Seen as Most Important Development in Crypto
25.9.2020
Supported by rapid growth in the decentralized finance (DeFi) field this year, stablecoins are now seen by industry players as being the most significant area of development for the crypto industry, a new report on cryptoassets from the Cambridge Centre for Alternative Finance has found.
According...
Chainlink Rallies as New Partnerships Announced, DeFi Market Soars
25.9.2020
After a month of heavy selling, Chainlink’s LINK token found some relief today, supported by increased bullish sentiment in the DeFi space and the announcement of several new partnerships.
At the time of writing, (08:42 UTC), LINK was up by 15% over the past 24 hours, trading at USD 9.68. However...
Bitcoin and Altcoins Recovery Reaches Inflection Zone
25.9.2020
Bitcoin price remained stable above USD 10,200 and started a steady recovery wave. BTC broke a major resistance near USD 10,550 to start the current wave. However, the price struggled near the inflection zone at USD 10,800 and it is currently (08:30 UTC) consolidating above USD 10,600.
Similarly...
Japanese Exchange Operator FISCO Doubles Down on Crypto with New Plans
25.9.2020
Japanese financial news service provider and crypto operator FISCO is set to expand its crypto operations, find new uses for its token, begin staking services and start providing software for online shareholder meetings using blockchain-powered voting technology.
Per Coin Post, FISCO, which...
Hyped AVAX Buried Under Avalanche of Dumps
23.9.2020
After announcing yesterday that its mainnet is now live, smart contract platform Avalanche’s native AVAX token quickly got listed on major exchange Binance, and immediately soared in price. However, the fun did not last long, and the token has over the past 24 hours taken a hard hit across several...
LiteBringer Brings More Light On Litecoin as Transactions Heat Up
23.9.2020
Fueled by what its developer calls a “smart” gameplay that enables players to earn litecoin (LTC) tokens, Litecoin game LiteBringer has led to a spike in transactions carried out with the use of the major cryptocurrency over the past days.
The game has seemingly pushed the LTC transaction volume...
Bitcoin and Altcoins Recovery Could Face Hurdles
23.9.2020
Bitcoin price found support near the USD 10,300 level and started consolidating losses. BTC could recover in the short-term, but upsides might remain capped near USD 10,550 or USD 10,650. The price is currently (08:30 UTC) stuck in a range and preparing for the next move.
Similarly, most major...
Stablecoins May Threaten EU Market Integration And Interoperability - ECB
22.9.2020
Out of three potential stablecoin scenarios, two could potentially lead to concerns for EU market integration and interoperability, as well as to risks to financial stability, therefore affecting safety and efficiency of the payment system, according to the European Central Bank (ECB).
In their...
Two US Regulators Have Good News For Stablecoins
22.9.2020
After several years of operating in a regulatory grey area, US national banks and federal savings associations are now officially permitted to engage with fiat-backed stablecoins, the Office of the Comptroller of the Currency (OCC) has clarified. Meanwhile, the Securities and Exchange Commission...
Bitcoin and Altcoins Nosedive Below Key Uptrend Supports
22.9.2020
Bitcoin price failed to settle above the USD 11,000 resistance zone, resulting in a sharp bearish reaction. BTC declined below the USD 10,650 and USD 10,550 support levels. It is currently (08:30 UTC) trading well below USD 10,550 and there are chances of more losses towards USD 10,000.
Similarly...
Crypto Listing and Delisting Announcements: Week 38
21.9.2020
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know...
It's Official: China's Digital Yuan To Target US Dollar Dominance
21.9.2020
The central People’s Bank of China (PBoC) confirmed that it is ready to take center-stage on a “new battlefield” of competition between sovereign nations based on digital fiats – and claims its own new token could help break “dollar dominance.”
The PBoC has been relatively cagey about its digital...
‘First True Litecoin Game’ Is an RPG Knights and Wizard-fest
18.9.2020
A German software firm said that it has created the first game to run on the Litecoin blockchain – claiming that “smart” gameplay on the new title will earn players litecoin (LTC) tokens.
The game is named LiteBringer, per a press release shared with Cryptonews.com by its developer CipSoft.
The...
Police Summon Bithumb Chairman for Questioning on Suspicions of Fraud
18.9.2020
Police in South Korea have brought in the chairman of the nation’s leading crypto exchange Bithumb for questioning on suspicions of fraud and embezzlement.
Per news agency Yonhap news, an intelligence unit of the Seoul Metropolitan Police Agency, has decided to question Lee Jung-hoon, 44,...
Budget Air Carrier’s Crypto-discount Tickets Drop in Time for Holiday
17.9.2020
The South Korean budget airline and Korean Air affiliate Jin Air has teamed up with blockchain-powered travel and rewards points firm Mil.k to launch a crypto-powered promotional offer for flight tickets.
Per Money Today, holders of the Mil.k Wallet platform’s Mil.k Coin will be able to buy...
Crypto.com Aims for Its First Profitable Year Despite Asian Setback
16.9.2020
Cryptoasset-power debit card and trading services firm Crypto.com said it is on track to end the year with its figures in the black for the first time in its history. But it will have to accomplish this feat without one of its key partners, after an accounting scandal involving the German card...
Monero Up On Major Compliance News, Zcash still down
16.9.2020
Exploring an issue that continues to spur controversies in the more traditional circles of global finance, a new white paper by international law firm Perkins Coie claims that regulated financial institutions can ensure compliance with anti-money laundering (AML) obligations when supporting privacy...