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Major Swedish Bank Orders Negative Interest Rate on Euro Deposits
22.8.2019
Sub-zero interest rates have become the norm in some countries, especially in Europe. Nordic nations such as Sweden and Denmark have been in negative territory for a while and a growing number of banks in the region are now charging depositors for keeping their money. Saving in fiat right...
Bitcoin Maximalists Embrace Ethereum After Receiving an Offer They Can’t Refuse
22.8.2019
A group of hardcore bitcoin maximalists have heroically overcome their hatred for Ethereum after receiving ERC20 shares in crypto exchange INX worth hundreds of thousands of dollars. The staunch BTC loyalists, led by Blockstream CTO Samson Mow, have agreed to support a project built on Ethereum...
Bitcoin Rewards are Spreading with Major Partnerships
22.8.2019
Lolli joined hands with a major goods and food delivery service, Postmates. There are new announcement coming in every day showing major partnerships being made which help cryptocurrency and blockchain adoption. A particular area that has been spreading recently through various partnerships...
PR: Cross Exchange Launches IEO
22.8.2019
CROSS is a project aiming to develop an exchange platform that trades various digital assets globally including CROSS exchange for the coming digital asset and digital money society.
The value of CROSS (XCR) is to “provide a platform for exchanging all kinds of digital assets.”
The post PR: Cross...
Bitcoin and Altcoins Trading With Bearish Bias
22.8.2019
In the past few sessions, there were mostly bearish moves in bitcoin price below the USD 10,200 and USD 10,000 support levels. BTC/USD tested the last swing low near USD 9,750 and it is currently (08:00 UTC) correcting higher. However, upsides are likely to face a lot of hurdles near the USD 10,150...
Market Update: Prices Drop as Crypto Sentiment Enters the Fear Zone
21.8.2019
Cryptocurrency markets fell hard on August 21 following the $700 price drop bitcoin core (BTC) saw during the early morning trading sessions. Most digital assets have lost 2-8% in value as the overall market valuation of all 2,000+ coins has plunged to $263 billion. Crypto price movements have been...
The World Bank’s Blockchain Bond Is Just a Fancy Way of Selling Debt
21.8.2019
Last year the World Bank and the Commonwealth Bank of Australia announced a permissioned Ethereum-based blockchain to facilitate the end-to-end issuance of bonds between financial partners. The Bretton Woods-created financial institution hopes to make debt capital markets far more efficient with...
Watch How Bitcoin Miners in Sichuan Are Being Flooded
21.8.2019
Source: Twitter, @redtheminer
A life-threatening disaster hit Aba prefecture in Sichuan, China, causing enormous damages. The four-days-long heavy rainfall produced raging floods and massive mudslides which directly impacted miners in the “Bitcoin mining capital”, as Sichuan is called.
Two videos...
Indian Supreme Court Orders RBI to Answer Crypto Exchanges, New Date Set
21.8.2019
After hearing the arguments against the banking restriction by the Reserve Bank of India (RBI) in detail, the Indian supreme court directed the central bank to reply to the representations filed by crypto exchanges. Since the RBI has not adequately answered them, the court set a new date to resume...
PR: Kinesis Partners With Hardware Wallet Provider CoolbitX
21.8.2019
Kinesis is proud to announce a partnership with CoolBitX Technology, the developers of the world’s first credit card-sized hardware wallet, the CoolWallet S. This partnership will enable Kinesis digital currencies, KAU (1-gram gold) and KAG (1-ounce silver), along with the Kinesis Velocity Token...
Bitcoin and Altcoins Retreating From Recent Highs
21.8.2019
Yesterday, we saw a decent upward move in bitcoin price above the USD 10,750 resistance. However, BTC/USD struggled to continue above the USD 10,900 and USD 11,000 resistance levels. As a result, there was a fresh decrease and the price declined sharply below the USD 10,650 and USD 10,500 support...
High-Powered Mining Rigs Drive Bitcoin’s Accelerating Hashrate
20.8.2019
On August 19, the combined SHA-256 hashrate between the BCH and BTC networks touched a massive high of over 91 exahash per second (EH/s). One notable contribution to today’s network hashrates is the manufacturing of next-generation mining rigs that produce a significant number of terahash....
Pieter Wuille Unveils ‘Miniscript,’ A New Smart Contract Language for Bitcoin
20.8.2019
Smart contracts could soon get a boost in bitcoin as prominent programmer Pieter Wuille has unveiled a new coding language designed specifically for their use. Posted to the bitcoin developer mailing list Monday, the ‘Miniscript’ language aims to make it easier for programmers to write...
Bitcoin’s Popular Twitter Handle Abandoned BCH for BTC?
20.8.2019
A screenshot of the new @Bitcoin page.
There’s hardly a single inhabitant of Cryptoland who is not aware of the clash between Bitcoin (BTC) and Bitcoin Cash (BCH), ever since (or likely even before), in 2017, BCH was created as a hard fork of BTC. However, an interesting and sudden thing happened...
RBI Defends Its Power Over Crypto in Indian Supreme Court
20.8.2019
The Indian supreme court heard the case against the crypto banking restriction by the Reserve Bank of India (RBI) in detail Tuesday. After many arguments challenging the RBI’s power over crypto were presented, the counsel for the central bank began making the case against cryptocurrency. Also...
The Rise of a New Faketoshi? Caantoshi Enters the Scene
20.8.2019
Being real Satoshi Nakamoto – or being believed to be the real creator of the world’s most popular cryptocurrency, Bitcoin – is no joke, as, among other things, billions of dollars are on the line, and even a possible influence on the market. Numerous people have saught cheap attention with claims...
PR: Plan Flash – Decentralized Data Processing
20.8.2019
Data processing is indispensable everywhere and all the time in modern life. The daily services we use every day, such as face recognition, voice assistant, text recognition, automatic recommendation, automatic data analysis and so on, all have a large number of data processing requirements...
‘Amazon of Japan’ Rakuten Launches Crypto Exchange Service
20.8.2019
Rakuten, the “Amazon of Japan,” announced the launch of its new crypto exchange platform Monday, August 19, offering spot trading of crypto assets via a dedicated smartphone app. The e-commerce giant has been crypto-friendly for a while now, experimenting and investing in crypto payment...
Bitcoin and Altcoins Poised for Further Appreciation
20.8.2019
This week, bitcoin price started a strong recovery above the USD 10,200 and USD 10,500 resistance levels. BTC/USD even climbed above the USD 10,650 resistance. It opened the doors for more upsides and the price recently climbed above USD 10,800. Similarly, there were positive moves in a few major...
How to Bequeath Your Digital Assets to Your Descendants
20.8.2019
Depending on your belief system, death is either the endgame or the next level. Whatever lies on the other side, your bitcoins are no good there. Just as we entered this world with nothing, we are destined to leave it with nothing. All those years spent stacking sats needn’t be in vain...