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Neo and Ontology Partner For 'Next-Gen Internet' Project
18.7.2019
Two major Chinese public blockchain developers Neo and Ontology have partnered in order to build an open cross-chain platform and develop "the next-gen Internet."
A whitepaper regarding the interoperability solution will be released in Q3 before the platform goes live in Q4, Ontology announced....
Libra Hearings, Day 2: 'I Don’t Think You Should Launch Libra at All'
17.7.2019
David Marcus. U.S. lawmakers held another day of heated questioning over Facebook's plans together with at least another 27 partners to launch the Libra project.
This time, David Marcus, co-creator of Libra, head of their Calibra wallet, was answering questions before the U.S. House Financial...
Huobi Announces New Stablecoin
17.7.2019
Source: iStock/07_av
Starting Thursday, cryptocurrency exchange Huobi will be upgrading their current HUSD solution, transitioning it from a stablecoin basket to a new, USD-pegged stablecoin, HUSD Token.
HUSD Token is issued by Stable Universal, a Huobi Global backed crypto startup, with a 1:1...
White Label Crypto Card Provider Targets 10% of Litecoin Users
17.7.2019
Source: iStock/Albert_Karimov
Ternio, a U.S.-based blockchain project developer and provider of crypto payment card solutions, targets 10% of litecoin users with a new card in the near term, Ian Kane, Chief Operating Officer (COO) of the company, told Cryptonews.com.
Ternio, which recently issued...
Libra Hearing: 'Toddler With Matches and the Game of Trust'
16.7.2019
David Marcus. On Tuesday, Republican and Democratic Senators were grilling social media giant Facebook over its plans together with at least another 27 partners to launch the Libra project.
“Facebook has demonstrated through scandal after scandal that it doesn’t deserve our trust. We’d be crazy...
How US Congress Can Make Stablecoins and Libra Irrelevant
16.7.2019
Source: iStock/Uko_Jesita
It is well-known by now that U.S. lawmakers and now even members of President Trump’s cabinet are highly skeptical about Facebook’s proposed Libra stablecoin. And although regulators and governments in parts of the world have tried their best to control digital tokens...
Huobi Won't Follow Binance's 'Radical' BNB Burn; Mulls Balanced Shift
16.7.2019
Singapore-based crypto exchange Huobi Global said it will not make a “radical” burn decision, such as the one their competitor Binance made, but will go for a "more balanced shift".
This consideration for a more balanced solution comes after cryptoverse’s recent debates over the exchange buybacks...
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...
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...
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...
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...
Bitcoin and Altcoins Take Hit, Bears in Driver’s Seat
11.7.2019
Recently, bitcoin price faced a strong resistance near the USD 13,100 and USD 13,150 levels. BTC/USD made a few attempts to continue higher, but it failed. As a result, there was a sharp decline below the USD 12,600 and USD 12,000 support levels. It tumbled more than 10% and traded close to the...
A New Kind of Token Sale Puts You Next to Harvard Endowment
11.7.2019
Source: a video screenshot, Youtube, Bloomberg Technology
This Thursday marks a new stage for crypto investors as first-of-its-kind digital token offering gives retail investors access to opportunities previously available to investors such as Harvard University only.
This has become possible...
Litecoin Halving Should Already Be Priced in, Says Charlie Lee
10.7.2019
The Litecoin (LTC) halving, or reduction of the Litecoin block mining reward, should already be priced in by the market as everyone knows about it since the beginning, according to Charlie Lee, the creator of Litecoin, currently the 5th coin by market capitalization, and the Managing Director...
Bitcoin Primed for More Gains Whereas Altcoins Bleed
10.7.2019
After yesterday’s rise, bitcoin price extended gains above the USD 12,500 and USD 12,800 resistance levels. BTC/USD even broke the USD 13,000 resistance and traded close to the USD 13,150 level. On the other hand, most major altcoins, including ethereum, ripple, bitcoin cash, EOS, litecoin,...
Good News Failed to Cushion CELR and BTT Price Drop
9.7.2019
Despite some expected but still positive news coming the way of Celer Network (CELR) and BitTorrent (BTT), the prices of both tokens continue to drop.
Celer Network announced the launch alpha-mainnet, Cygnus in yesterday’s Twitter post. In their Medium post, Celer Network explains that this...
Samsung Adds Six New Dapps to its Wallet, More to Follow
9.7.2019
South Korean tech giant Samsung has unveiled a range of new decentralized apps (dapps) for users of its Galaxy S10 smartphone’s blockchain wallet.
The company announced an initial four dapps for the Samsung Blockchain Wallet in March this year, with support for gaming platform Enjin, beauty content...
The Crypto Market Sentiment Improved, More Gains Likely
9.7.2019
In the past three sessions, bitcoin price gained significant bullish momentum from the USD 11,400 support base. BTC/USD broke the key USD 12,000, USD 12,200 and USD 12,500 resistance levels to move into a positive zone. Looking at major altcoins, ethereum and bitcoin cash showed positive signs,...