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PR: EO Coin Volume Surges on July Listings
31.7.2019
EO coin showed bullish sentiment this July on the back of numerous new pairs being listed on EO.Trade exchange, including; ETC/EO and NEO/EO. Detailed statistics show EO coin surged from 70 satoshi’s to 315 following the ETC/EO listing on July 11th, before the NEO/EO listing which took place...
Bitcoin Might be Tested by the First Fed Rate Cut Today
31.7.2019
An eagle carved in stone on the Federal Reserve building in Washington, D.C.
With Bitcoin about to experience the first interest cut by the Federal Reserve [the central bank in the U.S.] in its history today, some traders are watching closely for clues on how the bitcoin price might...
PR: CheapAir.com and Bitcoin.com Partner to Serve Bitcoin Cash Travelers
31.7.2019
Online travel agency CheapAir.com and Bitcoin.com today announced a partnership to serve crypto travelers. Beginning today, more than 4 million Bitcoin.com Wallet users will be able to access CheapAir.com’s booking engine from their mobile app. The partnership will help crypto travelers find...
Bitcoin and Altcoins Start Short Term Recovery
31.7.2019
Yesterday, we saw a few positive and recovery signs for bitcoin and altcoins. BTC/USD formed a support base near the USD 9,320 level and recently corrected higher. It is up around 2.5% and recently broke the key USD 9,500 resistance level. Similarly, there were bullish moves in ethereum, ripple...
Indian Finance Minister Addresses Crypto Proposal – Industry Responds
31.7.2019
India’s finance minister has broken silence and talked about the crypto draft bill and report her department is examining which propose to ban cryptocurrencies. While she views the report as “very futuristic and well-thought-out,” the crypto industry sees it as flawed...
China Publishes New Rankings of 37 Crypto Projects
31.7.2019
China’s Center for Information and Industry Development has published its latest crypto rankings. Thirty-seven projects have been evaluated and ranked overall as well as in three separate categories. Some favorites have changed and two projects have been added to the previous list of projects...
Testing Haven, OB1’s New Social Media and Crypto Marketplace App
30.7.2019
On Monday, OB1, the development team who created the crypto-infused marketplace Openbazaar, launched a new platform called Haven. The application is a mobile version of the Openbazaar marketplace, but also includes social media, end-to-end encrypted messaging, and noncustodial wallet services for...
Former Brazilian Central Bank Chief Praises Bitcoin, Libra
30.7.2019
Gustavo Franco. Source: a video screenshot, Youtube, Canal UM BRASIL
The former governor of the Central Bank of Brazil has heaped praise on Bitcoin – and suggested that McDonalds and Starbucks follow suit with Facebook, and consider launching cryptocurrencies of their own.
In an editorial piece...
When Cash Is Banned, Centralized Cryptos Are Not Going to Save You
30.7.2019
Australia is now moving forward with its proposed legislation to ban cash purchases over 10,000 AUD ($6,900) for business purposes. According to the treasury website: “The Black Economy Taskforce recommended this action to tackle tax evasion and other criminal activities.” While many...
Senator Admits U.S. Can't Ban Bitcoin, Crypto Market Goes Up
30.7.2019
The crypto market corrected higher following a hearing entitled “Examining Regulatory Frameworks for Digital Currencies and Blockchain” at the U.S. Senate Banking, Housing, and Urban Affairs Committee today.
At pixel time (16:33 UTC), bitcoin trades at c. USD 9,697 and is up by 1% in the past...
Reddit Roasts the IRS: Have America’s Tax Collectors ‘Gone Crypto Fishing’?
30.7.2019
In a juicy little chunk of news from the Redditsphere, a user claiming to be a former IRS employee has called the agency’s new crypto compliance letters “broad and very error-prone fishing expeditions.” The throwaway account details the “really bad data” used by...
What Three Bitcoin Metrics Show
30.7.2019
As bitcoin price is showing some early signs of a possible recovery, let’s take a look at three popular valuation metrics for bitcoin to better understand the current situation in the market.
NVT Ratio
The Network Value to Transactions (NVT) Ratio for Bitcoin is now at 77.4. This is within...
Blockchain.com Launches High Speed Crypto Exchange for Retail Traders
30.7.2019
Cryptocurrency investors looking for a trading platform focused on high speed performance just got a brand new option, from a company they probably already know and trust. Popular wallet provider Blockchain.com is launching The Pit. Also Read: Blockchain.com Launches New Bitcoin Cash Block Explorer...
Square Crypto Remains 'Open' Despite Strong Focus on Bitcoin
30.7.2019
Square Crypto, the cryptocurrency-focused division of U.S.-based major payments company Square, is open to things that "complement Bitcoin," Steve Lee, the recently hired first member of the team, said during a Q&A session on Twitter on Monday.
He was responding to a question what does he think...
Bitcoin and Altcoins Showing Early Signs Of Recovery
30.7.2019
After strong bearish moves, bitcoin price started a short term upside correction above USD 9,350. BTC/USD is currently (08:00 UTC) consolidating near the USD 9,500 level and it might slowly recover above the USD 9,650 and USD 9,720 resistance levels. Similarly, there are a few positive signs...
Exploring the SLP Token Universe Built on the Bitcoin Cash Chain
29.7.2019
Since last August, the Simple Ledger Protocol (SLP) has become a prevalent application within the Bitcoin Cash ecosystem. So far there’s been thousands of SLP tokens created, a number of which have been very popular and used regularly. Tokens have been issued by governments like Liberland...
Crypto in Venezuela: Daily Usage and 'Seamless' Bitcoin Transactions
29.7.2019
Though she doesn’t know how many people use cryptocurrency in Venezuela exactly, those who do use it, go through a seamless process, according to Jill Carlson, co-founder of the research-oriented, non-profit organization Open Money Initiative.
Carlson herself got interested in cryptocurrency...
Calls Intensify for Indian Government to Regulate Cryptocurrency
29.7.2019
Since the Indian government unveiled a draft bill to ban cryptocurrency, the crypto community has ramped up its efforts to influence the government’s final decision. The community has plans to reach out to parliament members to show them how flawed the crypto recommendations the government...
Bitcoin and Altcoins Struggle to Rise
29.7.2019
In the past few days, bitcoin and altcoins struggled to gain bullish momentum above key resistance levels. There were short term upward moves, but the bulls struggled to remain in action. BTC/USD made a couple of attempts to climb above the USD 10,200 resistance, but it failed to continue higher....
Crypto Is Part of Free Speech, and Free Speech Is Everything
29.7.2019
On July 23, U.S. Attorney General William Barr gave a speech demanding big players in the tech industry work with government agencies in providing backdoor entry points for encrypted devices and software. Per his reasoning, certain devices and messaging services pose a safety threat by providing...