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Hyped Algorand Token Dives After Listing
24.6.2019
ALGO, the native token of Algorand, a developer of a decentralized digital currency and transactions platform, that was recently listed following its public sale last week, has seen its price crashing in the market following an initial hype.
Despite a seemingly strong team and promising specs...
Crypto Market Sentiment: Bitcoin is the Only One in the Positive Zone
24.6.2019
This week, the crypto market sentiment measure, Sentscore has risen slightly for a second week in a row, now being at 5.32, compared to last Monday’s 5.29, according to Omenics , a crypto market sentiment analysis service. It remains to be seen if the steady rise is a part of a longer trend.
While...
Fearless Ripple CEO Keeps Belittling Major Competitors
21.6.2019
Brad Garlinghouse. Source: a video screenshot, Youtube, Bloomberg
As potential new major competitors pop-up one after another and the old ones are overhauling their businesses, Ripple, a California-based blockchain startup focusing on the banking sector, tries not to show that the newcomers might...
Bitcoin, ETH, BNB Surging; Other Altcoins Struggling To Catch Up
21.6.2019
In the past two sessions, there were strong gains noted in bitcoin price above the key USD 9,400 and USD 9,500 resistance levels. BTC/USD rallied above USD 9,600 and it even broke the USD 9,800 level. The next stop for the bulls seem to be USD 10,000 in the short term. Similarly, there were strong...
Activation of ETC’s Hard Fork Coming in September
21.6.2019
The Atlantis hard fork, a major upgrade to the Ethereum Classic (ETC) blockchain will be activated in September, the developers have agreed during a public call yesterday.
This will be Ethereum Classic’s first hard fork in over a year, and it comes after disagreements over how and when it should...
Bank of Japan Boss Keen to Follow Facebook's Libra Progress
21.6.2019
Haruhiko Kuroda. Source: a video screenshot, Youtube, Bloomberg
With regulators and financial chiefs around the world lining up to express their concerns and doubts over Facebook’s forthcoming Libra cryptocurrency, it looks like one of Japan’s biggest financial players would rather look on...
This is Why These Two Crypto Companies Joined Libra Association
20.6.2019
Source: Libra, Cryptonews.com
Many discussions have been led about Facebook’s recent announcement of Libra coin planned for launch in 2020, from the regulatory issues to the praises and criticism directed towards it from the crypto community.
One element that needs more attention seems to be...
Bitcoin and Altcoins Struggle at Key Resistance Levels
20.6.2019
Yesterday, we discussed the chances of a fresh increase in bitcoin price above USD 9,200. BTC/USD did climb higher above USD 9,200 and USD 9,300. The price even traded close to the USD 9,400 resistance, where sellers appeared. The price is currently (08:10 UTC) correcting lower, but it is likely...
Facebook’s Libra Facing a World of Regulatory Hurdles
20.6.2019
Facebook and its 27 partners are already running into a number of regulatory headaches from all corners of the globe following the unveiling of its Libra whitepaper earlier this week.
As previously reported, within hours of the social network’s Libra announcement, members of an American House...
Privacy Coins Are Among Best Performers This Week
19.6.2019
Source: iStock/Gregory_DUBUS
Cryptocurrencies that focus on the privacy of their users are among the best performers in the past week, with some of them doubling in value.
What do the numbers show?
The one that seems to be performing the best in the past seven days is Beam, which has been...
EOS Developer Paid USD 30 million for Voice.com
19.6.2019
Block.one, the company behind the EOS blockchain platform, paid USD 30 million in cash for the Voice.com domain, used by their new social media platform.
The news was confirmed by MicroStrategy, a provider of enterprise analytics and mobility software, who sold the domain to Block.one....
Cryptoverse Reached Level 9000 in Trolling Facebook and Libra
19.6.2019
Well, when the cryptoverse plays, it plays hard and directly to the point. This time, a supposedly Hong Kong-based developer targeted the governance structure of the Libra coin project, yesterday announced by Facebook and another 27 organizations.
In the recent update 83, “CRITICAL security vuln...
Bitcoin and Altcoins Signaling Fresh Bullish Wave
19.6.2019
After bitcoin price traded close to the USD 9,450 level, it started a short term correction. BTC/USD declined below the USD 9,250 support, but the USD 9,000 support acted as a strong buy zone. As a result, the price started a fresh increase and it is currently (08:10 UTC) trading above USD 9,120....
First Impressions on Libra: Enthusiasm Prevails, Concerns Remain
18.6.2019
The cryptoworld is in an uproar after social media giant with more than 2 billion users, Facebook, introduced Libra and Calibra projects to the world, which are supposed to come next year.
Though opinions on Facebook itself truly vary, and many do not support the company, its policies, or the lack...
Roger Ver: Claims that BCH is on 'Brink of Collapse' are 'Fake News'
18.6.2019
Roger Ver. Source: a video screenshot, Youtube, Bitcoin.com
After some members of the cryptoland started to speculate that Bitcoin Cash (BCH) is "on the brink of the collapse and developer coup is under way", Roger Ver, the main proponent of BCH replied that it's "fake news."
According to claims...
Facebook Announced its Libra Project
18.6.2019
Today, 28 organisations from around the world announced plans for Libra, "a global, reserve-backed digital currency that people can use for their everyday needs on the Libra network, a new more inclusive financial ecosystem", powered by blockchain technology, social media giant Facebook said...
Binance CEO: We Don't Know Whether BNB Will be Listed on Binance.US
18.6.2019
Changpeng Zhao, CZ. Major cryptocurrency exchange Binance does not know yet whether its native token, Binance Coin (BNB), is going to be listed on their U.S. based trading platform Binance.US, said CEO of the exchange Changpeng Zhao.
"We'll work very hard to try to get BNB listed on Binance.US....
XRP Jumps on Ripple and MoneyGram Strategic Partnership News
18.6.2019
XRP, the native token of Ripple, jumped by c. 7% on the news that Ripple strengthens its partnership with major money transfer company MoneyGram.
However, later, the price corrected lower and is now up by almost 4% in the past 24 hours (04:27 UTC).
XRP price chart:
The California-based blockchain...
Crypto Market Sentiment Improved Over the Week
17.6.2019
We find the crypto market sentiment measure, SentScore, at 5.29 this Monday, which is better than 5.03 seen this time last week, but still not reaching its 5.66 score from two weeks ago, according to Omenics , a crypto market sentiment analysis service.
As it became a standard over the past...
Bitcoin and Altcoins Remain Supported for More Gains
17.6.2019
This past week, there were steady gains in bitcoin and altcoins. BTC/USD broke the key USD 8,500 and USD 8,800 resistance levels. As a result, there were further gains above USD 9,000 and USD 9,200. The price traded close to USD 9,350 and it remains well supported for more gains in the coming days....