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Everything is Fine, Says Justin Sun as Fake News Hit Tron
8.7.2019
Justin Sun. Source: Twitter, @justinsuntron
It seems that the founder of the Tron blockchain project, Justin Sun, can't get out of the boiling-hot waters.
Just the other day, Cryptonews.com reported that Sun is being heavily criticized in his home country of China due to a local scam story that...
Crypto Listing & Delisting Announcements: Week 27
8.7.2019
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...
Bitcoin and Altcoins Showing Signs of Fresh Increase
8.7.2019
This past week, bitcoin and altcoins trimmed most gains and struggled to continue higher. BTC/USD failed to clear the USD 12,000 resistance and later declined below USD 11,000. However, the USD 10,500 level acted as support and recently the price rebounded above USD 11,200. Besides, ethereum price...
Tron’s Justin Sun Faces Backlash Due to Scam in China
5.7.2019
Justin Sun. Source: Twitter, @justinsuntron
The founder of the Tron blockchain project, Justin Sun, is facing harsh criticism in his home country of China after an alleged Ponzi scheme ended abruptly last week.
According to Chinese website Nuclear Finance, a pyramid-like investment scheme known...
Bitcoin and Altcoins Turned Red
5.7.2019
Yesterday, bitcoin price tested the USD 12,000 resistance level, where sellers emerged. BTC/USD started a downside correction below USD 11,800, but it failed to hold the key USD 11,500 support. As a result, there was a downside extension below the USD 11,200 support level. Similarly, there were...
Dogecoin Explodes on Binance Listing News
5.7.2019
Major cryptocurrency exchange Binance will list Dogecoin (DOGE), a "joke" cryptocurrency that became a serious one, today starting 12:00 PM (UTC).
DOGE skyrocketed after the news more than 24% and at pixel time (07:49 UTC) trades at USD 0.0039. It's up by more than 20% in the past 24 hours.
DOGE...
Tezos Surged on Investment Bank Partnership News
4.7.2019
Source: iStock/Cecilie_Arcurs
XTZ, the native token of the Tezos blockchain, jumped by 7% in the past 24 hours after the Tezos Foundation announced that it secured partnerships with two large players in the traditional finance space for use of the blockchain for security token offerings (STOs).
At...
Cuba ‘Studies’ Cryptocurrencies, Expert Floats Cent’l Asia Crypto Idea
4.7.2019
The Cuban government says it is “studying the use” of cryptocurrencies in an effort to boost the country’s flagging economy as American-led sanctions continue to bite.
The United States has ramped up sanctions against Cuba in recent months, with tourism and educational travel bans, as well as...
Telegram's Gram Jumps 201% Even Before Public Sale
4.7.2019
Telegram’s new digital token, the Gram, will go on pre-sale at the price of USD 4, or 201% more than Telegram's investors paid in the second initial coin offering (ICO) round in March 2018.
Japanese exchange platform Liquid by Quoine, who is responsible for the pre-sale, will offer a 12.5%...
Cryptopia’s Liquidator Regains Access to Customer Database
3.7.2019
Source: iStock/art-sonik
Grant Thornton, the liquidator of New-Zealand based cryptocurrency exchange Cryptopia, said it has recovered the customer holding database and is working to reconcile this with Cryptopia-controlled cryptoasset wallets.
As reported in May, the liquidator applied for urgent...
Bitcoin Surges While Altcoins Try to Catch Up
3.7.2019
After a strong decline, bitcoin price formed a support base near the USD 10,000 level. Finally, the bulls joined the party, resulting in a sharp upward move above USD 10,500. BTC/USD rallied more than 15% in the past three sessions and even surged above USD 11,000 and USD 11,250. On the other hand...
Who Pumped Little Known Egretia into Top 50?
2.7.2019
The Ethereum-based token Egretia (EGT) has raised traders’ eyebrows after a strong surge in price brought the token from being virtually unknown to the top 50 coins club.
The token, now ranked as 48th by market capitalization and which is not traded on any major exchanges other than OKEx...
Former Ripple Exec to Lead Binance into the U.S. Market
2.7.2019
Catherine Coley and Changpeng Zhao at the Binance Blockchain Event in January 2019. Source: Twitter, @cryptocoley
Catherine Coley, former Head of XRP Institutional Liquidity at Ripple, a fintech company, appointed as CEO of Binance.US, an American branch of major cryptocurrency exchange...
Bitcoin and Altcoins Under Pressure, Risk Of More Losses
2.7.2019
This week, there was a fresh decline in bitcoin and altcoins. BTC/USD settled below the USD 11,000 support level to move further into the red zone. Recently, there was a sharp drop below the USD 10,500 support. The price even broke the USD 10,000 weekly pivot support and it could continue to move...
Russian Companies Keen to Flood the Market With Their Own Tokens
2.7.2019
A number of Russian companies are keen on launching tokens of their own, and are waiting on Moscow to make its final decision – with the legislation expected to come before parliament sometime this month, according to Russia’s deputy finance minister.
“A lot of businesses have asked when it will...
Coin Race: Top 10 Winners/Losers of June; 2nd Quarter and 1st Half
1.7.2019
June was a particularly interesting month, and highly unpredictable – perhaps even more so than usual, especially given the high stakes for Bitcoin and altcoins. We see many of the coins in the red after the past thirty days, including in the top 10 by the market capitalization category, though...
Crypto Listing & Delisting Announcements: Week 26
1.7.2019
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...
Basic Attention Token and BitTorrent Rise on Good News
1.7.2019
Following a volatile June for bitcoin and other major coins, many traders are now placing their bets on the smaller coins out there, waiting for ‘altcoin season’ to return.
Even on a day like today, with most cryptocurrencies in the red for the past 24 hours, two coins - basic attention token...
Japanese Regulator Says Libra is Not Crypto, Gives the Green Light
1.7.2019
Facebook’s forthcoming Libra project is unlikely to come up against any roadblocks in Japan, with the country’s top financial regulator apparently satisfied with the contents of the social network’s white paper.
The Financial Services Agency (FSA), the government body charged with policing...
Goldman Sachs Believes in Tokenization, May Follow JPMorgan - CEO
28.6.2019
David Solomon, CEO of Goldman Sachs. Major investment bank Goldman Sachs is exploring the concept of tokenization and may play a role in it, CEO David Solomon told French publication LesEchos.
Discussing fiat backed stablecoins, the CEO said that the bank believes in the potential of tokenization...