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Crypto Market Sentiment: Deep within the Neutral Zone
22.7.2019
The crypto market sentiment measure, Sentscore, stands this Monday deep within the neutral zone, at 4.87, according to Omenics, a crypto market sentiment analysis service.
The only coin in the positive zone remains Bitcoin, holding the number one spot among the top 10 cryptocurrencies by market...
2nd Sun-Buffett Lunch Guest Revealed; Investor Offers Talking Points
19.7.2019
Warren Buffett. Source: a video screenshot, Youtube, Bill Gates
As Justin Sun, the founder of the Tron blockchain project, announced the second guest to join him for the Warren Buffett charity lunch, an investor suggested some talking points.
Back in June, Sun won the highly anticipated lunch with...
Bitcoin and Altcoins Gaining Momentum
19.7.2019
This week was mostly bearish, with strong downward moves in bitcoin and altcoins. Recently, BTC/USD found support near the USD 9,250 level and started a strong recovery. The bulls were able to break a couple of important resistances near the USD 10,000 and USD 10,200 levels. The price tested...
Zcash Hard Fork, Ycash, is Live
19.7.2019
Source: iStock/4X-image
A new digital currency Ycash (YEC), which forked away from Zcash blockchain and one of the best known privacy coins, is now live.
Ycash was first announced in April by Zcash supporter and the founder of Ycash Foundation, Howard Loo. He says that the purpose of the fork...
Half of the Top 100 Altcoins Jump Against Bitcoin, Dominance Slips
18.7.2019
The market is looking better for altcoins as they are trying to regain their positions, while half of the top 100 altcoins advanced against bitcoin in the previous week. Also, at the time when bitcoin dominance dropping, traders across the cryptosphere are trying to guess if bitcoin will go lower...
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...
Ethereum (ETH) Trading Benefits in 2019-2020
14.7.2019
Ethereum (ETH) is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Unlike Bitcoin, Ethereum offers low transaction costs. In 2014, when the project was announced, its ICO raised $18 million in Bitcoin or $0.4 per ETH....
VeChain Price Analysis: Amidst The Bearish Trend in Altcoin, New Thor Upgrade Rolled Out
14.7.2019
VeChain (VET) has recently rolled out Thor upgrade v1.1.2. This will become active on the mainnet on July 22. New opcodes of ETH_CONST are introduced in this upgrade. Further, they requested all users to upgrade their nodes as soon as possible. Few notable changes include an extended transaction...
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...