01-APR-2020

4 months ago

With China Looking Into Its Own CBDC, The US Is Being Encouraged To Digitalise The Dollar – via CryptoDaily
All around the world central banks are asking themselves the question of whether they should issue a central bank digital currency. You see, it all started when one of the biggest social networks in the world, Facebook announced its libra stablecoin. From there, China adopted blockchain with open arms and with the world currently under lockdown thanks for the coronavirus, central-bank digital currencies have been pondering on the subject even more.

4 months ago

Some Exchanges May Be Lending USDT They Don’t Have – via beincrypto
As trading activity in the cryptocurrency space drops, many are selling for USDT. However, there are concerns exchanges may not be honest with their balance sheets. Tether (USDT) remains controversial in the cryptocurrency space. From lawsuits to its incessant daily mintings for the past few weeks, there are suspicions it’s not backed by the number of dollars it has in USDT. However, others are now bringing up an added concern—what if exchanges are not actually holding the amount of USDT they claim they have?

4 months ago

Ripple’s C++ lead releases proposal to enhance privacy on XRP Ledger – via AMBCRYPTO
With developments in the financial and technological sectors at a complete standstill around the world, many major digital asset-based organizations around the world continue to pursue their goal to enhance their network. Nik Bougalis, Cryptographer and Software Engineer at Ripple, recently released a Blinded Tags proposal in an attempt to improve the privacy feature on the XRP Ledger.

4 months ago

AT&T Files for Dismissal in $24M Phone Hack Case, Claims Crypto Exec Didn’t Read Terms – via Coindesk
U.S. mobile operator AT&T hopes to dismiss crypto investor Mike Terpin’s amended case over a SIM-swap hack, claiming he had not read the firm’s terms and conditions. AT&T’s attorneys took issue with three parts of the second amended complaint and his request for millions in punitive damages, arguing they showed the plaintiff was himself mostly responsible for the SIM-swap scam – a type of phone hack involving stealing someone’s mobile identity.

4 months ago

BitTorrent Product Usage 30% Up, DLive DAU Doubled. What is Driving Growth? – via U.TODAY
BitTorrent products achieved numerous milestones in terms of mass adoption in Q1, 2020. Its 30% usage surge is among the most prominent leaps of the Tron Foundation family. It is reported that BitTorrent (BTT) usage increased by 6 million over the past month, up 30% from the previous month. Estimates put BitTorrent’s DAU in April at 30 million. The Windows client has been the most popular of all of the BitTorrent implementations since it on-boarded 2.1M users in March.

4 months ago

Binance Crypto Exchange Is Launching Its First Bitcoin Mining Pool – via Coindesk
Binance is planning to launch its own mining pool, a first for the popular crypto exchange. The news was broken Tuesday by the Russian crypto news publication Coinlife and later confirmed by three sources in the mining business. Binance CEO Changpeng Zhao tweeted about the pool on Wednesday. “The company has already hired some professionals for this purpose, some of them former Bitmain employees. The launch is planned for the Q2 2020,” Coinlife wrote.

4 months ago

Coinsbit store enables users to purchase all in 1-click, without leaving the platform – via Cryptopolitan
Coinsbit store announced that its clients will have the chance to shop on major e–commerce sites such as Alibaba and Amazon. Consecutively, Coinsbit plans to open its stores to the world by March 2020. Coinsbit is a crypto-exchange platform that allows fiat-to-crypto trading alongside crypto-to-crypto trading, and deposits can also be made through Visa/Mastercard rather than just bank wire transfer.

4 months ago

Despite Bitcoin’s underwhelming price action, could a trend reversal be in sight? – via AMBCRYPTO
Bitcoin’s price seems to have settled below the psychological level of $6,500, despite numerous breakout attempts. Its network fundamentals have been in tandem with the king coin’s downward price action. More recently, Bitcoin registered a two-year low with respect to the transactional count on the network, a metric which hit 209027 on 22 March. To top that, the market recorded the longest stretch of ‘extreme fear’ sentiment in a year. According to the Fear and Greed Index, the sentiment for Bitcoin continues to be in the extreme fear zone.

4 months ago

Hackers Infect Microsoft Servers with Crypto Mining Malware. Here’s How They Did It – via U.TODAY
According to Hacker News, more than 2,000 Microsoft SQL database servers have been compromised by cryptojackers with the ‘Volgar’ botnet that has been up and running since 2018. The hackers behind this operation were able to infect up to 3,000 servers over the last few weeks. They use brute-force password-guessing attacks to create backdoor users and execute malicious commands.

4 months ago

Amongst The Uncertainty, CoinMarketCap Creates Toilet Paper Token For April Fools Day – via CryptoDaily
As I do with most of my mornings, one of the first things I look at is CoinMarketCap, only to see I had fallen victim to an April fools joke… Listed as just above the leading cryptocurrency, bitcoin was a new cryptocurrency that I never heard of before. This crypto had been called Toilet Paper Token as number 0 on the long list of cryptocurrencies.

4 months ago

Crypto Events for today – via COINDAR
1. Revain (R) – Delisting from OKEx Exchange
2. PCHAIN (PI) – Hard Fork
3. Breezecoin (BRZE) – New HomePage
4. Revain (R) – Token Swap
5. Bytom (BTM) – AMA On Telegram
6. HEX (HEX) – Listing on LBank Exchange
7. Brand Protocol – AMA On Telegram
8. Orchid Protocol (OXT) – AMA On OKEx Telegram
9. BullBearBitcoin Set (BBB) – AMA On Discord
10. Horizen (ZEN) – AMA On YouTube
11. Kava (KAVA) – AMA On YouTube
12. Spendcoin (SPND) – AMA On Reddit
13. NULS (NULS) – AMA On Telegram

We hand pick and post some Interesting Crypto News Snippets by gathering them from various sources available Online, It will help you save your time especially for traders who like to know the happenings about various crypto coins. Please feel free to comment or ask your questions in comment section below and If you think this is useful please share it in your circle with your friends and other crypto enthusiasts.

31-MAR-2020

5 months ago

Mercuryo Partners With OKEx To Offer Visa And Mastercard Payments – via CryptoDaily
Mercuryo, European digital currency payments provider, has become a partner of OKEx, one of the biggest cryptocurrency platforms. OKEx will now offer its users safe credit and debit card payments processed by Mercuryo. The management of Mercuryo and OKEx expressed full support of the news. For OKEx clients, it has become much easier to handle the purchase of BTC, ETH, USDT, BAT, ALGO, TRX and OKB, a global utility token issued by OK Blockchain Foundation, by simply using Visa & Mastercard.

5 months ago

Stablecoin Djed System Launched By Tron – via CryptoDaily
One of the biggest blockchain-based companies in the world, Tron has just recently launched its stablecoin dubbed Djed. The system for the stablecoin is similar to that of MakerDAO and because of this, many members of the community hit back at full force. The CEO and founder of Tron, Justin Sun pitched the idea for the stable coin early this year in January as he said the following

5 months ago

Freewallet Launches Anti-Crisis Off-Chain Exchanges With Changelly – via CryptoDaily
Freewallet has joined forces with Changelly to combat the crisis by opening off-chain exchanges for a list of 54 coins and ERC20 tokens, including BTC, ETH, EOS, and LTC. Off-chain exchanges are executed in 2-3 minutes and characterized by better rates and enhanced anonymity. Off-chain exchanges are transactions in which digital assets are moved outside of the blockchain itself. By moving assets outside of the blockchain users are able to enjoy three distinct advantages over on-chain transactions.

5 months ago

Lisk, Bitcoin Gold, XRP Price: BTG gets left behind by resurgent altcoins – via AMBCRYPTO
Bitcoin’s dominance in the crypto-market stood at 65.3%, at press time. The cryptocurrency market flashed green in the early hours of 31 March, following which many altcoins geared up for a breakout to the positive side after a long tryst with the bears.

5 months ago

This Bitcoin (BTC) Price Indicator Doesn’t Work Anymore: Analyst PlanB – via U.TODAY
Fifteen months ago, in January, 2019, after Bitcoin (BTC) bottomed out at $3,216, a rare analyst managed to remain bullish on its future. Seasoned trader and researcher PlanB demonstrated a model with weekly moving averages, difficulty and halving proximity taken as inputs. Now, he has thrown this prediction away. According to his model, the price movements of the crypto king are affected by its difficulty swings and the proximity of halving events. Trendlines formed from the 200-week moving averages act as support levels for the chart.

5 months ago

Binance KR to launch in South Korea as firm excludes XRP from coin list – via Cryptopolitan
Global crypto exchange firm Binance, on Tuesday, announced that it is set to launch Binance KR in South Korea. The firm revealed through a press release stressing that the crypto-to-crypto Binance KR would mark the first use of Binance Cloud solution in the world. The newly launched Binance KR will offer clients on South Korea similar services to what Binance offers clients globally as Binance Cloud allows its user to create their exchange for their market. Owing to these, users get an all-round package with advanced security and custody solutions. With the launch of Binance KR, it would provide additional support also Binance KRW (BKRW), a stablecoin backed by South Korean Won, which recently got listed on Binance.

5 months ago

Crypto Holders Still Face Issues Reporting Tax Liabilities, Survey of CPAs Finds – via Coindesk
Crypto-literate public accountants are concerned their clients might face Internal Revenue Service (IRS) audits in the U.S. and penalties for underpaying taxes on their crypto holdings, a new survey finds. Cryptocurrency accounting service provider Blox and tax software developer Sovos conducted a survey of roughly 45 Certified Public Accountants (CPAs) familiar with crypto, finding the majority believe their clients might face penalties for misreporting their tax liabilities from their holdings of assets like bitcoin (BTC). Indeed, many of these respondents believe their clients and other crypto holders likely owe back taxes.

5 months ago

BITMEX Long on Bitcoin Development Increases grant to $100K – via Bitcoinist
HDR Global Trading that owns and operates BitMEX is committed to “Bitcoin development is for the long term”. Today, the company announced that it will increase its 2019 grant to Bitcoin core dev Michael Ford to $100,000.

5 months ago

Rehabilitation Plan Deadline For Mt. Gox Extended By Tokyo Court – via CryptoDaily
The deadline for the submission of rehabilitation plans has been extended by the trustee of the infamous Japanese cryptocurrency platform Mt. Gox. Going off the official announcement published earlier this week on the company’s website, Mt. Gox Rehabilitation Trustee Nobuaki Kobayashi filed a motion with the Tokyo district court in order to extend the submission deadline for the rehabilitation plan. At the end of last week of the 27th of March, the court released an order to extend the deadline until the 1st of July this year.

5 months ago

Crypto4winners Launches Alternative Crypto Market Investment Fund – via CryptoDaily
Crypto4winners Launches Alternative Crypto Market Investment Fund to Create Passive Income Founded by experienced crypto traders, fund uses algorithmic trading solutions, artificial intelligence and manual trades IRELAND—March 27, 2020—Crypto4winners (C4W), an alternative crypto market investment fund, has launched. Founded by experienced crypto traders and programmers, the fund uses speciallydeveloped, proprietary algorithmic trading solutions, artificial intelligence and manual trading to handle the daily trades and understand global trends. The Bitcoin-based fund offers monthly passive income for investors, which the founders believe will become essential for dealing with the economic fallout of the Coronavirus pandemic.

5 months ago

Bitcoin (BTC) Price Already In Bull Run, Next FOMO Buy Level Identified by Trader – via U.TODAY
Yesterday, the Bitcoin (BTC) price surged 12% in less than 24 hours. It made some traders start eyeing a real bullish rally. The analyst Income Sharks, an advisor from the Glassnode on-chain research team, believes that another such swing could trigger FOMO buyers. According to this trader, many people have already missed brilliant opportunities to buy Bitcoin (BTC) under $4,000, $5,000 and even $6,000. But if the next major resistance at $7,000 breaks, the price of the orange coin may be catapulted by ‘fear-of-missing-out’ or FOMO.

5 months ago

Civic Wallet’s $1 Million Guarantee Could Bolster Mainstream Cryptocurrency Adoption – via beincrypto
Blockchain identity startup Civic Technologies has just raised the stakes in the cryptocurrency wallet landscape. The company has announced that its Civic Wallet, a non-custodial hot wallet that has been in beta testing, will now guarantee a user’s digital currency holdings for up to $1 million, thanks to a partnership with Coincover and the insurance muscle of Lloyd’s of London.

5 months ago

Bitcoin (BTC) Immensely Oversold Before Halving, Targeting $7,800 Soon – via U.TODAY
Despite the recent announcement of the global financial recession by the head of the IMF, Kristalina Georgieva, on Friday, the price of the flagship cryptocurrency, Bitcoin, has not moved down and has continued trading in the mid-$6,000 zone. Crypto traders and analysts are sharing their careful bullish expectations regarding Bitcoin. One of them, in particular, tweeted that with slightly over a month before the halving, Bitcoin has never been so oversold.

5 months ago

Binance Acquisition of CoinMarketCap for $400 Million Criticized, Hard Questions Asked – via CoinGape
But CMC isn’t just any other tracker. It lists over 2,000 tokens and coins and attracts millions of unique visitors every month. An industry, though emerging and hugely disruptive, must always have a reliable source of prices and new listings and which exchanges are ahead of the curve, the most liquid, which pairs are the most active, and which exchange’s influence is fading.

5 months ago

BMW’s Blockchain Solution for Supply Chains to Roll Out in 2020 – via COINTELEGRAPH
World-famous car manufacturer BMW Group plans to roll out its blockchain supply chain solution to 10 suppliers this year. Dubbed “PartChain,” the platform has already been successfully tested by BMW in 2019, an official announcement on March 31 revealed. In its early version, PartChain is designed to ensure traceability and immediate data transparency for automobile components across complex supply chains that engage multiple international parties.

5 months ago

Coinex Crypto Exchange Launches Simplex-Powered Fiat Gateway – via U.TODAY
Coinex, a professional digital asset trading platform, announced its partnership with Simplex, a top-notch fiat payment infrastructure provider. The new fiat gateway will allow Coinex users to use major cryptocurrencies like Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC) and the U.S. Dollar Tether (USDT) stablecoin with their Visa or Mastercard credit cards in a seamless manner. According to the official statement, Simplex will charge users a relatively low transaction fee of 3.5% (minimum $10). The crypto-to-fiat conversion amount has very comfortable limits: the daily limit per user is $20,000, while the monthly limit is $50,000.

5 months ago

Crypto Events for today – via COINDAR
1. TurtleNetwork (TN) – Token Swap End
2. Crypto.com Coin (CRO) – Airdrop March MCO Madness
3. Waves (WAVES) – AMA On Developers Tutorials: Non Fungible Tokens (NFT)
4. Kambria (KAT) – Token Burn
5. Enjin Coin (ENJ) – Weekly Report
6. Insolar (XNS) – Exchange Listing on HitBTC
7. Cardano (ADA) – Development Update
8. Vexanium (VEX) – Dapps Incentive Program Phase 2 Ends
9. PCHAIN (PI) – Token Swap Ends
10. Synthetix Network Token (SNX) – Hadar Release
11. Waltonchain (WTC) – WTA Staking
12. Bitpanda Ecosystem Token (BEST) – Livestream with Bitpanda CEOs Eric Demuth and Paul Klanschek
13. Numeraire (NMR) – AMA

We hand pick and post some Interesting Crypto News Snippets by gathering them from various sources available Online, It will help you save your time especially for traders who like to know the happenings about various crypto coins. Please feel free to comment or ask your questions in comment section below and If you think this is useful please share it in your circle with your friends and other crypto enthusiasts.

30-MAR-2020

5 months ago

Crypto Market Reaches Longest Stretch of Extreme Fear In Over A Year – via NEWSBTC
Bitcoin and the rest of the crypto market has since staged a strong recovery following the massive, record-breaking crash caused by coronavirus fears spilling into financial markets earlier this month. But despite crypto prices continuing to climb, the Fear and Greed Index shows that sentiment is still in the gutter. In fact, the sentiment measuring index has now reached the longest stretch of extreme fear in the cryptocurrency market since the tool was first launched.

5 months ago

Bitcoin Bearish Outlook Remains Unchanged – via CryptoDaily
Bitcoin has once again shot past $6k after it led traders into thinking that it was ready to nosedive below it. That false impression led to many traders opening aggressive shorts which created a honey pot for the market makers and the whales above $6k which they have now fully exploited. While it may seem bullish for the price to bounce back above the important psychological S/R level of $6k, it is important to note that it still remains in a bear trend. As long as it remains below the 200-moving average on the 4H time frame, there is no reason to think that BTC/USD is about to begin a new uptrend.

5 months ago

Fraudsters Use Fake Google Chrome Extensions To Trick Victims Out Of Their Crypto – via CryptoDaily
Google Chrome extensions for the cryptocurrency hardware wallet manufacturer and custody provider, Ledger have been used by many fraudulent actors in an attempt to fool those out of their money. Over the weekend on the 28th of March, a post was released by one user who was looking to warn others that he had just lost just shy of 15,000 XRP tokens to a fake ledger wallet extension on the Google Chrome store.

5 months ago

Coinbase Commerce Passes $200 Million In Overall Transactions, Is Crypto The Way Forward? – via CryptoDaily
Coinbase Commerce has just recently revealed that it has passed $200 million in total transactions processed over its history of two years. For those that don’t know, the platform supports payments in cryptocurrency for Internet retailers. As the sister arm of one of the biggest cryptocurrency platforms in the United States, the platform reported at the end of last week on the 26th of March that the success was due in part to the 8000 retailers currently using coinbase for payment services.

5 months ago

Bitcoin (BTC) Price To Escape ‘Buy Zone’ in Five Months: Investor – via U.TODAY
Seasoned trader and analyst Dave The Wave has a long-term price prediction theory that covers the ‘buy zones’ that exist within every Bitcoin (BTC) price cycle. Dave The Wave demonstrated the ascending channel, which the Bitcoin (BTC) price chart relatively rarely stays within. According to him, a so-called ‘buy zone’ is typically followed by very rapid price growth.

5 months ago

Mine Crypto Using Brain Waves? Microsoft Thinks You Can – via CryptoNews
Microsoft, via its subsidiary Microsoft Technology Licensing (MTL), has made a bold crypto move by securing a patent for a mining system that uses human body activity as proof-of-work in the creation of crypto tokens. The patent was granted by the World Intellectual Property Organization (WIPO) on March 26, roughly nine months after the tech giant filed its initial application, which is named “Cryptocurrency system using body activity data.” The Redmond-based company describes how a crypto system’s central server could propose tasks to user devices over a communication network, using sensors to measure users’ body activity.

5 months ago

Over $7 Billion Ready For Crypto, Will Bitcoin [BTC] Rally Above $7,000? – via CoinGape
New data reveals that there is over $7 billion worth of stable coins held at different exchanges. The number is up $1.5 billion in the last trading month. This observation is interesting and bullish for crypto traders or investors. For spot and swing traders looking for entry opportunities, less than 40 days before a decisive halving that could see BTC rally to new highs.

5 months ago

Bitcoin’s (BTC) Correlation with U.S. Stocks Reaches New All-Time High: BitMEX Research – via U.TODAY
Bitcoin’s correlation with U.S. equities has reached its highest level ever, according to BitMEX Research. The coronavirus-induced liquidity crisis has proven that crypto might not be the most reliable hedge for investors who want to shield their wealth during the severe pandemic.

5 months ago

Bitcoin price pumps $600 to CME Gap, But $6.6k may be end for Bulls – via COINTELEGRAPH
The price of Bitcoin (BTC) retraced to $5,800 during the weekend, which left the markets with an open CME gap between $5,900 and $6,620. Aside from that, buyers have stepped in at the $5,850 level, leading to a $600 rise in the price on Monday. However, is the correction over or is the market range-bound?

5 months ago

OKCoin Prepares to launch new Crypto Exchange in Japan – via Bitcoinist
These are challenging times for many businesses, yet the OK Group is undeterred. OKCoin completed its registration to launch a cryptocurrency exchange in Japan today – the first global exchange to earn a license in the country.

5 months ago

New Hitachi Collaboration To See ConsenSys Expand Into Japanese Market – via CryptoDaily
Starting on the 1st of April this week, Hitachi solutions is going to be conducting sales of blockchain software technology company ConsenSys and its product PegaSys Plus. This will make Hitachi solutions the first company in Japan allowed to do so. According to a press release published earlier today, Hitachi announced that it will be working in collaboration with the United States-based company ConsenSys in order to provide their product PegaSys Plus to the Japanese market. As an ETH based blockchain platform, PegaSys Plus is a commercial license version of the standard ConsenSys product offering more features and further support.

5 months ago

CasperLabs & BitMax.io Conduct First-Ever Exchange Validator Offering (“EVO”) to Promote Decentralization and Provide Access to Retail Token Buyers – via NEWSBTC
CasperLabs, a Switzerland-based development company, constructing a high-performance blockchain network that implements the Correct-by-Construction (“CBC”) Casper Proof-of-Stake blockchain protocol, has announced a collaboration with BitMax.io, a Singapore registered digital asset trading platform, to facilitate an exchange validator offering (“EVO”) through which BitMax.io will provide technology support to give its users exclusive access to participate in CasperLabs’ private validator token offering.

5 months ago

Number of Bitcoin Addresses Holding 1 BTC or More Hits New All-Time High Near 800,000 – via CRYPTOGLOBE
The number of Bitcoin addresses with a balance of at least 1 BTC has hit a new all-time high, as data from the cryptocurrency’s blockchain shows nearly 800,000 addresses have said balance. According to blockchain monitoring platform Glassnode, over 797,000 bitcoin addresses currently have a whole bitcoin in them. Its data shows that in late 2017, when the flagship cryptocurrency’s price hit a new all-time high close to $20,000, there were about 720,0’00 BTC addresses with a whole bitcoin in them.

5 months ago

USD Stablecoins Are Surging, but Zero Interest Rates Complicate Business Model – via Coindesk
While the crypto markets have been insulated from the markets at large for a long time, this is no longer the case now that public blockchains have effectively become rails for the U.S. dollar in the form of dollar-backed stablecoins. Dollars on the blockchain represent the third largest asset in crypto after bitcoin (BTC) and ether (ETH) , ahead of XRP (XRP) and bitcoin cash (BCH). In terms of transactions volume, they are even encroaching on bitcoin itself

5 months ago

Opera Enables Unstoppable Domains, Becomes Latest Web 3.0 Browser – via Cryptobriefing
Top five browser, Opera, has today announced a partnership with Unstoppable Domains, a blockchain-based domain startup. The integration will offer 80 million users access to the decentralized internet via the latest web 3.0 browser.

5 months ago

Content Creators to Earn Dai with “Synthetic Memes” on Alethea AI – via Cryptobriefing
Alethea AI has merged tenants of crypto’s DeFi movement with its artificial intelligent-based media platform. Content creators can now earn the stablecoin Dai for generating funny, entertaining memes.

5 months ago

Telegram Hopes It Can Still Sell Tokens to Non-US Investors After Court Ruling – via Coindesk
Telegram has asked a court to clarify what exactly it must do to comply with the U.S. Securities and Exchange Commission (SEC) order banning the issuance of its gram tokens. Last week, U.S. District Court Judge Kevin Castel in New York issued a preliminary injunction in the case, prohibiting the issuance and distribution of the tokens for the messaging app company’s blockchain TON. The judge decided the SEC “has shown a substantial likelihood of success in proving” Telegram’s private placement of tokens was an unregistered securities sale.

5 months ago

Crypto Events for today – via COINDAR
1. Verasity (VRA) – Staking Program End
2. Nebulas (NAS) – Nebulas Voyager Release
3. Waves (WAVES) – AMA On Development Tutorials
4. Constellation (DAG) – Mainnet Launch
5. Azbit (AZ) – Coin Burn
6. TomoChain (TOMO) – Listing on BitAsset Exchange
7. Orchid Protocol (OXT) – Listing on OKEx Exchange
8. Chiliz (CHZ) – AMA Live Stream

We hand pick and post some Interesting Crypto News Snippets by gathering them from various sources available Online, It will help you save your time especially for traders who like to know the happenings about various crypto coins. Please feel free to comment or ask your questions in comment section below and If you think this is useful please share it in your circle with your friends and other crypto enthusiasts.

29-MAR-2020

5 months ago

Report: Bitcoin And Lightning Development Funding At A Healthy Level – via CryptoPotato
The development funding state of Bitcoin Core is at a healthy level, according to a report compiled by BitMEX Research. They came to this conclusion by examining the leading organizations and individuals funding open-source Bitcoin and Lightning development.

5 months ago

Luxury Watchmaker Breitling Adds Its First Timepieces to a Blockchain – via Coindesk
The Breitling Top Time, pictured above, was a hand-wound chronograph from the 1960s popular with the Jet Set of the era. James Bond wore it in “Thunderball,” although his featured a miniature Geiger counter.

5 months ago

Ever since Bitcoin’s 50% crash, investors have started to flee BitMEX – via CRYPTOSLATE
On Mar. 12, everything changed for the crypto markets. For those that missed the memo, the price of Bitcoin fell by over 50 percent in a 24-hour time period, catching traders with their pants down, epitomized by the $1 billion in long liquidations over the course of two days. Data shows that ever since that day, the leading Bitcoin derivatives platform, BitMEX, has suffered, experiencing a large outflow of coins from company-owned wallets.

5 months ago

Bitcoin (BTC) Price to Peak in 2026 at $150,000: Trader – via U.TODAY
For instance, the first cycle in 2012-2014 lasted for 910 days, while the next cycle was 55% longer that previous cycle. That being said, the ongoing cycle may end in 2025-2026. Mr. van de Poppe also noticed that weekly moving average lines acted as a strong support for the bottoms of price levels within every cycle. The first bearish rally failed to break below the 100-Week Moving Average (MA), while the second had nothing to do with 200-Week MA. Thus, for this cycle, the line for the 300-week MA would be a tough nut to crack for bears.

5 months ago

Second ‘Shock Wave’ Hitting Chinese Economy as Exports Plummet – via beincrypto
The COVID-19 pandemic began in the Wuhan province of China and caused massive economic problems. Workers unable to go to factories left the Chinese export market all but stopped. However, as Chinese workers have returned to work after the scare, factory owners are finding that their businesses have dried up. As the virus has continued impacting the broader world, demand for Chinese exports has collapsed. [Bloomberg]

5 months ago

Bitcoin Twitter sentiment is higher than altcoins – via Cryptopolitan
Social media and especially Twitter does play a role in Bitcoin sentiment building and the Bitcoin Twitter sentiment is luckily higher than all altcoins. Although Bitcoin price is in a snug right now it seems that the cryptocurrency is going to hold a little while longer. BitcoinInfoCharts data reveals some interesting recordings about the Bitcoin Twitter sentiment along with the major altcoins. Big altcoins such as Ethereum and Litecoin have experienced a reduction in fame and overall mentions on Twitter due to the recent cryptocurrency market crash.

5 months ago

How MakerDAO’s Stablecoin Survived the Crash, Smart Contract Bugs and Full Decentralization – via Coindesk
In the aftermath of the so-called “Black Thursday” crash from several weeks ago, MakerDAO’s “DAI” ethereum backed dollar pegged stablecoin came untethered and was, for a time at least, functionally insolvent. In the aftermath, holders of the MKR token which allows holders to participate in governance decisions opted to do a couple of things, including adding the centralized stablecoin USDC to the list of acceptable collateral, which drew both condemnations mostly around centralized risk being added to the system and praise for making the system more robust against sudden ETH collateral price crashes.

5 months ago

Analysts believe Bitcoin may see months of consolidation despite investors’ “extreme fear” – via CRYPTOSLATE
Bitcoin saw a relatively sharp decline late-yesterday that marked a bearish resolution to its multi-day bout of sideways trading within the upper-$6,000 region. This downwards movement has come about during a time of immense fear amongst cryptocurrency investors and has further compounded this uncertainty – leading the benchmark crypto’s fear and greed index to hit “extreme fear” levels. In spite of this, analysts are noting that Bitcoin is on the cusp of closing its monthly candle below its 21-day ema, with history showing that a monthly close below this level could lead to a multi-month period of sideways trading.

5 months ago

Telegram Ruling Closes Another Door to Legally-Compliant Token Sales – via Coindesk
Everyone played the game of “Telephone” as a kid. The first kid says something in a whisper to the next kid who whispers to the next and so on until the last kid states what they heard whispered to them. Predictably, that last iteration is significantly different from the original message. Telephone is fun as a kid, but it doesn’t translate well to judicial interpretation. In ruling against Telegram and its plans to launch the gram cryptocurrency, the District Court of the Southern District of New York stitched together disparate securities law concepts to arrive at a scrambled, incorrect conclusion that could further dismantle development of blockchain projects in the United States.

5 months ago

$45,000 Stolen Using Fake Bitcoin QR Code Generators This Month – via CryptoPotato
A new fraud involving Bitcoin QR code generators has seen more than $45,000 worth of BTC stolen from victims in the last month alone. At least nine websites deceived users into entering their Bitcoin addresses and converting them into a QR code image, which ultimately sent the coins into the scammer’s account.

5 months ago

Malta Crack Down On Illegally Based Crypto Companies – via CryptoDaily
The Financial Services Authority in Malta has called out the “COINMALEX” and “Crypto Foxtrades” crypto platforms in a twin warning earlier this week. Both of the top platforms have claimed to be licensed, registered or based in Malta. However, all of these claims have been denied by the MSSA. On COINMALEX about the page, it features a document that claims to be from the Malta business registry. Whereas this is a real institution within the small European state, the legitimacy of it on the platform’s website is questionable.

5 months ago

Cointelegraph Exclusive: Former CFTC Chair looks to Digital Dollar beyond COVID-19 Stimulus – via COINTELEGRAPH
The digital dollar has been the talk of the crypto world this week. Drafts of the COVID-19 stimulus bill first included and then discarded the creation of digital dollar wallets; a digital distribution method that would enable direct aid to citizens. The version of the “Coronavirus Aid, Relief, and Economic Security Act” that became law on March 27 features no mention of the digital dollar. While the proposed digital dollar lives on in at least one bill sponsored by Senator Sherrod Brown (D-OH), a United States central bank digital currency (CBDC) seems like it will have to wait for now.

5 months ago

How Ripple Is Taking Over The US – via CryptoDaily
According to a Google Trends last year, the number of United States users that searched for the term ‘how to buy Ripple’ was a lot more than the number of people that were asking ‘how to buy Bitcoin’. The main thing that this shows us is that Ripple is gaining a lot more traction than we previously thought when it comes to mainstream adoption. Even so, Google users interested in cryptocurrency from outside the US searched more frequently for information in regards taking up a position in the current number one digital asset by market capitalisation than they did for buying XRP.

5 months ago

Can CBDC Help Recover From Coronavirus Recession And Lead To Bitcoin? – via CryptoNews
There is a general consensus that the global economy is heading for a sharp recession. The economic output will contract, but there are, at least, certain innovations that can be implemented to mitigate the situation. Central banks have already slashed interest rates and begun quantitative easing in the US, the UK, and the EU. But there’s something that could ease (or at least lubricate) the global financial situation even further: central bank digital currencies (CBDCs) and cryptocurrencies.

5 months ago

COVID-19 Victim Loses All of Her XRP Holdings Stored on Ledger Wallet Due to This Mistake – via U.TODAY
Yet another cryptocurrency investor has fallen victim to the fraudulent phishing scam that targets the owners of Ledger wallets. In a heartfelt Reddit post, a woman infected by COVID-19 claims to have lost 14,000 XRP ($2423 at press time).

5 months ago

Algorand Launches Blockchain based Global Coronavirus Survey – via COINTELEGRAPH
Proof-of-stake cryptocurrency platform Algorand has created a global survey intended to compile an open database on the spread, status, and symptoms of the COVID-19 pandemic. On March 27, the company tweeted that its ‘IReportCovid’ survey app will contribute to a global data repository that updates in real-time to inform about pandemic relief efforts.

5 months ago

Diversification – The Only Free Lunch For Crypto Investor – via CryptoNews
As both traditional and alternative asset markets descend into turmoil this month, it’s important to remember the inherent strengths of a diversified portfolio. A market rout always causes correlation to go to 1 across virtually all assets as investors flee to the perceived safety of cash. This can give rise to unfounded narratives based on extremely narrow datasets as investors panic and question sound investment principles. The market always comes back.

5 months ago

Big Tech in Blockchain: Comparing IBM, Microsoft, Apple, Google and more – via COINTELEGRAPH
The world’s largest technology companies have made concerted efforts to investigate and integrate blockchain technologies over the past few years. Partly driven by a massive boom in interest caused by Bitcoin’s stellar bull run in 2017, blockchain technology quickly became the new catchword in tech. A swathe of startups entered the fray during that period as entrepreneurs looked to cash in on the hype in the space.

5 months ago

Suspicions Surrounding BitBay’s 18-Hour Outage Grows – via CRYPTOGLOBE
Users of Estonia-based exchange BitBay became suspicious of a security breach following the platform going offline for more than 18 hours. On Mar. 26, BitBay published a tweet explaining it was dealing with a network problem related to its external service provider. Clients were asked to remain patient during the outage as the exchange worked to resolve the issue.

5 months ago

OKEx Now Lists Orchid (OXT) Token, Spot Trading to Go Live on March 30, 2020 – via NEWSBTC
The leading global cryptocurrency derivatives and spot exchange platform OKEx has announced the addition of Orchid (OXT) token to its list of tradable crypto-assets. The utility token is designed for use on the Ethereum blockchain-based Orchid peer-to-peer open marketplace for buying and selling VPN bandwidth. The deposits and withdrawals of OXT on OKEx will be available from March 27 and 31st at 09:00 UTC respectively. In between, the OXT/BTC and OXT/USDT spot trading feature will go live on Mar 30, 2020 at 09:00 UTC.

5 months ago

Institutions Seem Strangely Absent During Recent Bitcoin Volatility – via beincrypto
Just about every market on the planet has taken a beating as the coronavirus continues to cause unprecedented disruptions to the global economy. As traders struggle to seek out the most profitable harbor for their money amidst the carnage, volatility abounds. Exceptionally volatile at the best of times, Bitcoin and other crypto assets have made dramatic moves of their own this month. Interestingly, it looks like institutional investors largely stepped back from trading Bitcoin during the recent price moves.

5 months ago

How Rich is Vitalik Buterin? – via CRYPTOBRIEFING
Vitalik Buterin is one of the most influential people in crypto. He has amassed substantial wealth thanks to his role in creating Ethereum. We calculated his net worth. Buterin wasn’t rich prior to creating Ethereum. His first major windfall was in 2014. That year he dropped out, at 20 years old, after receiving $100,000 through a Thiel Fellowship. From there his wealth only grew. The crowdsale for Ethereum began in July of 2014 and raised Bitcoin worth, at the time, $18.3 million. From there, he was able to secure a six-figure salary from the Ethereum Foundation, the non-profit born out of the raise.

5 months ago

Here’s Why 100 SMA Could Spark Fresh Bitcoin Rally In Near Term – via NEWSBTC
This past week, bitcoin struggled to gain strength above the $6,880 and $7,000 resistance levels against the US Dollar. BTC price topped near the $6,982 level and recently started a fresh decline. There was a break below the main $6,500 support area to start a substantial decline. Moreover, there was a break below a major bullish trend line with support at $6,620 on the 4-hours chart of the BTC/USD pair.

5 months ago

Ethereum Is In Downtrend But This Variable Can Trigger A New Rally – via NEWSBTC
In the past few days, Ethereum made more than two attempts to gain strength above the $140 resistance against the US Dollar. However, ETH price failed to settle above the $140 level and the 100 simple moving average (4-hours). As a result, a fresh decline initiated below the $136 and $135 support levels. There was a break below the 23.6% Fib retracement level of the upward move from the $108 swing low to $144 swing high.

5 months ago

Crypto Events for today – via COINDAR
1. OceanEx Token (OCE) – Partnership with Hacken (HKN)
2. SimpleChain (SIPC) – Foundation Council Election

We hand pick and post some Interesting Crypto News Snippets by gathering them from various sources available Online, It will help you save your time especially for traders who like to know the happenings about various crypto coins. Please feel free to comment or ask your questions in comment section below and If you think this is useful please share it in your circle with your friends and other crypto enthusiasts.

28-MAR-2020

5 months ago

Binance Delists Leveraged Tokens, Cites User Confusion – via CryptoBriefing
Crypto exchange Binance has announced that they will be delisting FTX Exchange’s leveraged tokens. The announcement said that the exchange would delist the tokens due to users’ “lack of understanding of how leveraged tokens work.”

5 months ago

Bitcoin Development Activity is being Funded by these players – via Bitcoinist
A just-released report from Bitmex shows that Bitcoin platform development continues to grow and diversify. A look at key players reflects greater interest in scalability and bringing the flagship cryptocurrency into a position for effective mass use.

5 months ago

Bitcoin whales on the move with 15k BTC transfer? – via Cryptopolitan
Bitcoin whales often sway the market, and it appears that the crypto giants are in for another round of play in the latest developments. Lately, there have been some large Bitcoin transactions carried out between anonymous wallets and leading crypto exchanges such as Binance, OKEx, and some others; the market could be accumulating Bitcoin. In the last 24-hour, Whale Alert detected about a dozen transactions bearing almost 16,000 BTC worth $99,702,423. These transactions were carried out with the leading crypto exchanges such as Binance, Bitfinex, Poloniex, Coinbase, and OKEx.

5 months ago

Millennials’ Inheritance Wealth Can Push Bitcoin’s Price To $350,000 By 2044, Kraken Reports – via CryptoPotato
Bitcoin’s price might reach $350,000 in the years to come, according to a recent report compiled by the popular U.S. cryptocurrency exchange, Kraken. It indicated that Millennials will soon inherit trillions of dollars, which the younger generation could invest in Bitcoin, as they are more tech-oriented.

5 months ago

BTC: 5 Indicators suggesting Bitcoin could drop further below $4,000 – via Coinnounce
Analysts predict the Bitcoin could plunge further in the coming weeks. Technical analysis combined with the current COVID-19 pandemic situation suggests that the BTC’s fall below $4,000 won’t be much of a surprise.

5 months ago

Crypto COVID-19 Community Alliance Raising Funds to Support Nonprofits – via CryptoGlobe
Cryptocurrency supporters have formed a community to raise funds for nonprofits dealing with the coronavirus pandemic. According to a tweet published by The Giving Block on Mar. 23, cryptocurrency supporters are coming together to raise funds in relief of the ongoing coronavirus pandemic.

5 months ago

Ponzi Scheme: US Government Fight Lawyer Over OneCoin Scam – via CryptoDaily
The government of the United States has stood by its evidence that was presented against the alleged OneCoin money launderer and former attorney, Mark Scott. A memorandum was filed earlier this week on the 24th of March which showed that the government had responded to Scott’s appeal that the prosecution provided insufficient evidence that the funds he dealt with were derived from the legal and fraudulent activities throughout the November proceedings. As a quick recap for those that don’t know, the jury handed the defendant a guilty verdict throughout this hearing.

5 months ago

Chinese Blockchain Service Network to launch in April 2020 – via Cryptopolitan
A Chinese Blockchain Service Network comprising of local banks, groups, corporations, and technology companies will be launched sometime in April. Backed by the government itself, the BSN platform will surely be a game-changer for the local industry. Members can simply build upon the platform’s framework without any need to build applications from scratch. The project was first announced in October 2019 when the Chinese President Xi Jinping gave a call to the country’s industry to promote blockchain-based solutions. Set to be unveiled in April this year, the platform aims to serve as a comprehensive platform for building smart cities, digital applications, and digital economy as well. It will serve as an umbrella solution for a lot of new emerging technologies.

5 months ago

KuCoin Pinocchio Project to promote transparency in crypto realm – via Cryptopolitan
KuCoin Pinocchio Project aims to bring together various blockchains and create a standard to eradicate dishonest behaviors. The IDG-based exchange, KuCoin, stated that Project Pinocchio will be a joint effort by 21 leading blockchain institutions across the world to introduce more transparency in the system.

5 months ago

Stablecoins Will Have to Adapt to Survive Coronavirus Recession – via CryptoNews
Stablecoins are facing new challenges. With USD interest rates hitting 0% and US Treasury yields turning negative, it’s becoming increasingly hard to earn a profit simply by holding USD in reserve or by purchasing US Treasury bills. While some stablecoins operate using alternative business models, those stablecoins which rely on such rates and yields for their revenues are now in a serious bind. However, while analysts believe that relying on interest rates will no longer be possible in the current environment, they aren’t expecting any major stablecoin issuers to go bust. Most will either weather the storm by operating at a loss during the crisis (assuming the crisis isn’t that protracted), while others will diversify their sources of revenue in order to manage.

5 months ago

‘Utter Horse Manure’; Bitcoin Community Scoffs at WSJ’s Bull Market Claims – via beincrypto
After some of the most chaotic weeks of trading in memory, US markets rallied pretty hard for a few days. So hard, in fact, that The Wall Street Journal rushed to declare a new bull market. Given the state of the current global economy, many from the Bitcoin and wider cryptocurrency industry have been quick to call the publication out for the sensationalism. One called the suggestion that US markets were now bullish “utter horse manure.”

5 months ago

Could A Tax Fix Bitcoin’s Carbon Problem? – via CryptoDaily
It’s not a secret that Bitcoin has a bit of a carbon problem. The production of Bitcoin is a very harmful process that causes a huge level of carbon emissions. We have to consider that this isn’t an issue situated just within Bitcoin, as a matter of fact, many new technologies are harmful to the environment, however, as an industry we need to talk about these things, so we can work out how to rectify them.

5 months ago

140.4 Mln XRP Moved in South Korea as XRP Holds at $0.16 – via U.TODAY
XRP seems to be feeling well so far as it manages to maintain the $0.16 level and the third position on the top ten coins’ scale. Investors and holders in South Korea and Japan believe so too and are transferring gargantuan amounts of it both for selling and storing.

5 months ago

How Market Volatility is shining a Light on DeFi’s Structural vulnerabilities – via COINTELEGRAPH
On March 12, United States President Donald Trump gave a 10-minute speech on COVID-19 that, coupled with the World Health Organization’s official declaration the day before that the outbreak was now a pandemic, sparked panic across global markets. Investors rushed to the safety of cash, and no cryptocurrency was immune from the mass sell-off. The total market capitalization of the cryptocurrency sector plummeted by over 25% in a span of hours. Bitcoin (BTC), despite its reputation as a safe haven, fell by 48% in a span of 24 hours. Ether’s (ETH) loss of 43% was its worst one-day performance.

5 months ago

Donald Trump just Advertised Bitcoin after Fed Creates $6 Trillion – via COINTELEGRAPH
Bitcoin (BTC) gained ironic support from United States President Donald Trump on March 27 after he appeared to say he supported manipulating the dollar. In a press conference quoted by various Twitter commentators, including Blockstream CSO, Samson Mow, Trump defended the Federal Reserve printing more than $6 trillion.

5 months ago

Ethereum (ETH) 2.0 Sharding Design Explained: Last Updates – via U.TODAY
As explained by Mr. Beekhuizen, validators attest to the block proposal (voting for a new block in the chain) every 12 seconds. In Ethereum 2.0, there is a minimum period of network existence, which is called a ‘slot’. The next time framework is called an ‘epoch’, which is comprised of 32 slots or 6 minutes 24 seconds. Within one epoch, all rewards and penalties are distributed among validators.

5 months ago

China To Launch Blockchain-Based Service Network In April – via CryptoPotato
An alliance consisting of Chinese government groups, banks, and technology companies will launch the Blockchain-based Service Network (BSN) in April. The innovative platform will be among the first maintained by a central government. It will allow participants to operate on top of it, without having to design a new network from scratch.

5 months ago

Not Convinced New Investors are Buying Bitcoin, Top Analyst Says – via NEWSBTC
While headlines about tanking bitcoin prices serve ideal opportunities for investors to enter the cryptocurrency market, one top analyst thinks the asset is lacking new buyers. Alex Saunders, the CEO & Founder of Australia-based Nugget News, offered a wave of discouraging catalysts that might have driven people out of cryptocurrencies, including a wrecked US job report. More than three million Americans filed for unemployment last week, providing first-hand information about how the Coronavirus pandemic is affecting the US economy.

5 months ago

Singapore authorities provide license exemption to crypto companies for six months. – via Coinnounce
The Monetary Authority of Singapore, under the new Payment Service Act, has allowed a number of crypto companies to operate without a license for six months. The Monetary Authority of Singapore has exempted a number of crypto companies from obtaining a license and operating for six months. Among the companies benefiting from this six-month exemption period are Binance, Coinbase, Gemini, Bitstamp, Luno, Upbit, and Wirex.

5 months ago

What’s the Difference Between Staking & PoS in Cryptocurrency? – via Coinnounce
Here in this guide, I will be explaining the difference between Staking & PoS in Cryptocurrency that will require a lot of details to talk about, so grab a cup of tea and enjoy the guide.Crypto Mining Yields: Everyone knows that crypto is the booming currency since it got started, but a lot of you probably don’t about the mining process, which is quite popular in the blockchain. Crypto Mining Yields could be a long process if your new into you will get to know every about Mining and POS (Proof Of Stake). Getting Started with basics of Mining, its a process of creating new coins and rewarding those coins in the blockchain as they required some fee transaction to transfer in the block. Every crypto miner will need new blocks.

5 months ago

Coronavirus: WHO, IBM Collaborate with Governments on Blockchain-Based Analytics – via CoinGape
A San Francisco based company, Hacera, is building a Blockchain based solution – MiPasa, to gather and analyse Coronavirus data from around the world-wide. In partnership with IBM, John Hopkins University, WHO, leading Tech firms and government agencies, the team is building the solution so that appropriate organizations can take timely action.

5 months ago

Binance CEO Suggests Users Buy Crypto with Credit Amid Global Economic Crisis – via beincrypto
Changpeng Zhao, CEO of Binance, is telling his followers to purchase cryptocurrencies with their credit cards since there’s an “infinite amount of money around the corner.” Changpeng Zhao (CZ) is known for being provocative on Twitter and sometimes outright shilling projects. It’s often been criticized for being irresponsible. So, it should not be surprising that he made another such comment recently.

5 months ago

Bitfinex Wants to end Market Manipulation With its Shimmer Tool – via nulltx
In the cryptocurrency world, there are often concerns regarding market manipulation and price rigging. Bitfinex wants to nip that situation in the bud through its new Shimmer tool. It is up to centralized trading platforms to prevent price manipulation or price rigging at all times. Bitfinex, an exchange often criticized for some reason or other, is trying to do its part. By launching the Shimmer tool, the company wants to address market manipulation whenever possible. Shimmer will be integrated into the exchange’s native trade matching engine. Users of the exchange should receive an alert through emails of unusual trading activity spotted on the exchange.

5 months ago

Farming blockchain GrainChain gets a booster dose from Overstock accelerator – via Cryptopolitan
Farming blockchain GrainChain is set to go big after investment from Medici Ventures, the accelerator backed by the Overstock.com. The retail giant has invested in the farming blockchain GrainChain to boost farmer participation in commodities trading. GrainChain is a blockchain-powered platform that focuses exclusively on grains – right from procurement to trade payments. The investment will see Medici Ventures create more holistic blockchain solutions to power the payment mechanism.

5 months ago

Crypto Events for today – via COINDAR
1. DEXERGI (DEXR) – Delisting from Crex24 Exchange.
2. QuarkChain (QKC) – AMA On Telegram.
3. IOTA (MIOTA) – WeAgainstVirus Hackathon Contest.
4. Jetcoin(JET) – Listing on Atomars Exchange.
5. Zcoin (XZC) – AMA On Discord.

We hand pick and post some Interesting Crypto News Snippets by gathering them from various sources available Online, It will help you save your time especially for traders who like to know the happenings about various crypto coins. Please feel free to comment or ask your questions in comment section below and If you think this is useful please share it in your circle with your friends and other crypto enthusiasts.

27-MAR-2020

5 months ago

After Coronavirus ‘War,’ Bretton Woods-Style Shakeup Could Dethrone the Dollar – via Coindesk
The leaders of Italy, Spain and Germany have used the analogy – along with the CEOs of Bank of America and the U.S. telecommunications giant AT&T – to describe the mass-scale efforts needed to combat the disease: mobilizations of the health care industry, a retooling by factories to produce masks and makeshift morgues to accommodate a fast-rising death count. During a televised press conference this week, U.S. President Donald Trump characterized himself as a “wartime president.”

5 months ago

President of the Brazilian Banking Federation says cryptocurrencies are not actual currencies – via Coinounce
The President of the Brazilian banking Federation, Murilo Portugal, has argued that digital currencies such as bitcoin and ethereum are not actual currencies. While speaking in a debate in regards to the impact of the digital revolution in the world of finance, President of the Brazilian banking Federation, Murilo Portugal, opined that cryptocurrencies are not actual currencies. Portugal made the argument that cryptocurrency doesn’t fulfill any of these traditional functions of money.

5 months ago

Despite Coronavirus Woes, ByBit CEO Is Bullish on Bitcoin – via Cryptobriefing
By any measure, March has been a crazy month for most, not just bullish Bitcoin enthusiasts. Many of those who’ve managed to avoid being directly affected by the coronavirus have found themselves impacted by the economic fallout. The longstanding narrative that Bitcoin is an uncorrelated asset has also been quashed this month, after the flagship cryptocurrency crashed spectacularly along with the stock markets on March 12. Futures traders took a beating, with BitMEX alone having liquidated over $1 billion over a two day period around the crash according to Skew data.

5 months ago

Bitcoin Traders Moving Away From Leverage Trading as Spot Trading Volumes Rise – via CoinGape
There is now more Bitcoin Spot than Derivatives traders according to the latest observation from BitMex. In a screengrab doing rounds on Twitter, the total trading volumes from Spot traders rose from 3% of the total Bitcoin market to a decent 8%. Coincidentally, this follows the price capitulation of Black Thursday when Bitcoin “halved”, dropping from highs of around $7,500 to a 2020 low of $3,800.

5 months ago

Analyst: this “textbook pattern” says there’s a 72% likelihood Bitcoin will burst past $10,000 – via CRYPTOSLATE
As random as Bitcoin’s price action seems, it’s often textbook. The price action is so textbook, in fact, that two run-of-the-mill technical analysis patterns suggest that the cryptocurrency is about to rally even higher than it already has over the past week.

5 months ago

Microsoft files Patent for new Cryptocurrency and Mining system – via Bitcoinist
Microsoft wants to create a new cryptocurrency that’s still mined using PoW–except replacing expensive power-intense mining rigs with basic human energy. If that sounds a little strange, you should take a dive deep into the details of the patent published yesterday filed by Microsoft. It’s called: “Cryptocurrency system using body activity data.”

5 months ago

South Korean bank to launch crypto custody service – via Cryptopolitan
As Per the latest reports, KB Kookmin Bank, the largest bank of South Korea, would soon be launching a crypto custody service. Back in January, the bank filed the trademark application for KB Digital Asset Custody (KBDAC) for several services, including digital assets trading and investment.

5 months ago

Bitcoin (BTC) Collapsed Due to Three Extreme Events Coinciding: Analyst – via U.TODAY
It has been almost two weeks since the Bitcoin price crashed on March 12, plummeting heavily along with the equities market. Back then, the price of the flagship crypto touched the low of $4,800. Since then, BTC has regained some of its losses, now trading in the $6,600 area. Now, a trader and technical analyst states that the BTC price crash was caused by three extreme events that came together at that very time span. What are the chances such a coincidence may happen again, he asks rhetorically.

5 months ago

Bitwise Looks to Retail Market for Its Crypto Index Fund – via Coindesk
The asset manager told CoinDesk Friday that it’s working to list shares of its Bitwise 10 Index Fund on OTCQX, an alternative trading system regulated by the U.S. Securities and Exchange Commission (SEC). If approved, retail investors and advisors would be able to trade the fund on popular platforms including Charles Schwab and TD Ameritrade, said CEO Hunter Horsley. The company has several steps before it can begin trading. The first is an announcement to current shareholders, Horsley said, which occurred on Friday. Bitwise will also have to publish public disclosures in accordance with ATS reporting standards and have a market maker file a Form 211 with FINRA.

5 months ago

The Fall in Bitcoin’s Dominance Rate Could Cause These 2 Altcoins to Surge – via beincrypto
The Bitcoin dominance rate has reached a significant resistance area and decreased afterward as a result. The fact that it is trading inside a bearish pattern makes a breakdown likely. Well-known trader @KingThies stated that he has noticed the reduced engagement in altcoin posts and the fact that the prices are very near all-time lows. Based on his experience, he believes a surge in the prices of altcoins relative to BTC will follow.

5 months ago

Bitcoin sell-off: Lack of spot liquidity, Ponzi schemes to blame? – via AMBCRYPTO
Bitcoin [BTC] is called the king coin for a reason. Even after its significant price drop on 12 March, the top coin continued to dominate other altcoins. In fact, according to the Head of Product at Messari, Qiao Wang, more traders would dump their altcoin investments and turn to Bitcoin. This, he asserted, would result in an increase in Bitcoin’s dominance, a figure that might go up to 90 percent by the end of the ongoing financial crisis. At the time of writing, this dominance was already worth 65.61% of the total market cap.

5 months ago

COVID-19 Bitcoin scam flourishing in the UK – via Cryptopolitan
The British national watchdog gave a warning earlier in March, and now the regional authorities in the U.K have cautioned against COVID-19 Bitcoin scam. Reportedly Bitcoin scammers are using the ongoing COVID-19 crisis in order to hoax the people. There had been alerts published throughout March related to the consumer frauds. Now, the Financial Conduct Authority’s caution against the cryptocurrency scammers has been echoing in counties of Norfolk and Pembrokeshire and the Manchester city council. These threats are coming at a time when Bitcoin price is coming back up after a hit despite the Coronavirus closure the global economy is facing.

5 months ago

Brad Garlinghouse Accused Of Touting XRP Tokens Behind The Scenes In Court – via CryptoDaily
In a class-action lawsuit originally filed in May 2018, a new movement is underway. The lawsuit is centred around allegations that ripple (the San Francisco-based blockchain company) has violated the securities act through a 2013 initial coin offerings of the XRP token. Earlier this week on the 25th of March, an updated complaint accused the company of touting the token to prospective investors as they liquidated their holdings behind the scenes. The accusations are directed at the CEO of ripple, Brad Garlinghouse.

5 months ago

Bitcoin Exchange Outflows hit 8-Month High, Holding Soars – via Bitcoinist
Bitcoin adopters seem eager to hold their own coins as withdrawals now outpace deposits on exchanges. This cryptocurrency outflow reflects the growing unease about the state of the global economy, as well as the stability of the crypto space.

5 months ago

Disrupting XRP Wouldn’t Be Logical for Ripple, Company’s Exec Says – via U.TODAY
In a recent interview with Financial Magnates, Marcus Treacher, Ripple’s SVP of Customer Success, claimed that XRP Ledger is decentralized in an apparent attempt to put all accusations about Ripple wielding way too much power over the token to rest. reacher channeled Ripple CEO Brad Garlinghouse when he was explaining that Ripple, as the biggest stakeholder, was the most interested party in the success of XRP, which makes no sense for them to disrupt it.

5 months ago

Monero used in crypto child porn case in South Korea – via Cryptopolitan
The latest developments in the crypto child porn case have revealed that the privacy-centric cryptocurrency Monero was used for payments by the criminals. The association of cryptocurrency is bringing a bad image to the cryptocurrency sphere where the operations were on encrypted messenger Telegram. While on the other hand, after the signing of a petition by over five million South Koreans, Korean authorities have named 25-year-old Cho Ju-bin as the alleged ringleader of a Telegram message group called Doctor’s Room.

5 months ago

IOHK releases Carano (ADA) scaling protocol Hydra, reboots Byron codebase – via CRYPTOSLATE
IOHK, the company behind the Cardano (ADA) blockchain, has announced the launch of the Ouroboros Hydra protocol. IOHK explained that the scaling protocol will enable Cardano to handle up to 1 million transactions per second and facilitate micro-transactions that will lead to an uptick in crypto payments globally. In a press release shared with CryptoSlate, the company also announced a reboot of the Byron-era codebase that will enable an easier transition into Shelley.

5 months ago

Crypto Events for today – via COINDAR
1. Bitcoin (BTC) – CME March Last Trade Date
2. Phore (PHR) – New Marketplace launch
3. Veros (VRS) – VRS 3.0 On Dex Trade
4. Tachyon Protocol (IPX) – Trading Competition on Bithumb
5. ARCS (ARX) – Exchange Listing on ProBit Exchange
6. PAL Network (PAL) – Delisting from Kucoin
7. SONM (SNM) – Delisting from Kucoin
8. JET8 (J8T) – Delisting from Kucoin
9. TenX (PAY) – Delisting from Kucoin
10. SunContract (SNC) – Delisting from Kucoin
11. Usechain (USE) – Delisting from Kucoin

We hand pick and post some Interesting Crypto News Snippets by gathering them from various sources available Online, It will help you save your time especially for traders who like to know the happenings about various crypto coins. Please feel free to comment or ask your questions in comment section below and If you think this is useful please share it in your circle with your friends and other crypto enthusiasts.

26-MAR-2020

5 months ago

7 Simple Tips To Better Understand Cryptocurrency Market Data – via CryptoDaily
Cryptocurrency trading is a great opportunity for clever investors to make money aside or even turn it into a full-time job. If you are interested in this type of trading, you should know that clever investors don’t make random decisions. On the contrary, they choose data-driven solutions to maximize the odds of gaining profit. The first thing they do is analyze cryptocurrency market charts as it is the only way to figure out the trends and try to predict where their digital coins are headed. With nearly three thousand cryptocurrencies currently available online, it takes a serious piece of research to learn the fundamentals and distinguish between top-performers and underachievers.

5 months ago

Bitcoin (BTC) Dominance to Rise Above 90%, No Demand For Alts: Analyst – via U.TODAY
Qiao Wang, angel investor and Director of Product of the Messari crytpocurrencies research team, predicted an unprecedented rise of Bitcoin (BTC) domination after the end of the ongoing market decline. According to Mr. Wang, Bitcoin can’t be challenged by altcoins in terms of value, utility or demand. Despite not considering himself a Bitcoin (BTC) maximalist, he is sure that the crypto king has enough power to raise its dominance to 90% by the end of the ongoing market depression.

5 months ago

Alleged Mastermind of Sex Abuse Chatrooms Hid Payments With Privacy Coin Monero – via Coindesk
Cho Ju-bin, 25, is said to have charged users anywhere between 200,000 to 1.5 million Korean won (around $160 to $1,200) to access images and videos of women, many younger than 16, who were forced to perform sex acts on themselves. An investigation from CoinDesk Korea found Cho primarily dealt in the privacy-enhancing cryptocurrency monero (XMR) so he could cover his tracks.

5 months ago

Bitcoin Could Hit $349,000 by 2044 Thanks to Generational Wealth Transfer, Kraken Predicts – via CRYPTOGLOBE
The price of bitcoin could hit $349,000 by 2044 if millennials and generation Xers invest at least 5% of the wealth they inherit from Baby Boomers to invest in the flagship cryptocurrency. According to a report published by the in-house research team of the cryptocurrency exchange, Kraken Intelligence, in the United States alone there will be a $70 trillion wealth transfer to the more bitcoin-friendly generations in the coming decades, which could significantly impact the price of bitcoin.

5 months ago

Ponzi Scheme: Coronavirus Worries Aren’t Going To Get The BitClub Operators Out Of Jail – via CryptoDaily
A federal prosecutor for New Jersey, Craig Carpenito is fighting the request of two alleged cryptocurrency operators to be released from a county jail during the coronavirus pandemic. The two scammers in question operated a Ponzi scheme and because of the coronavirus outbreak, they are concerned about their health if it outbreaks in the jail. According to documents from the court file with the United States Department of Justice earlier this week on the 24th of March, Carpenito asserted that the recently enacted bail reform only preferences pre-trial release of a defendant when their appearance at the trial could be assured to a reasonable level.

5 months ago

Europe leads institutional crypto-adoption as concerns continue to hold market back – via AMBCRYPTO
The emergence of digital currencies like Bitcoin and other altcoins has given birth to numerous opportunities in the traditional and crypto-community. However, many institutions have been reluctant to embrace the world of digital assets, says a recent study. The research report released by Acuiti, in partnership with Bitstamp and CME Group, revealed that current adoption rates remain very low. Senior executives from the buy-side, sell-side, and proprietary trading groups, specializing in traditional derivatives trading, clearing, and execution were the ones surveyed by Acuiti. It was revealed that less than a fifth of traditional firms is using trading digital assets such as Bitcoin and Ether.

5 months ago

Japanese Investors Taking Advantage Of Bitcoin Sell-Off – Exchange – via CryptoNews
Despite what some may have thought, it appears that the latest sell-off in bitcoin has not scared away retail investors quite yet, new data from one Japanese crypto exchange suggests. According to a blog post by Yuya Hasegawa, market analyst at the Japanese crypto exchange bitbank, the number of new account registrations on their platform rose by about 40% compared to the 2020 average the week after the major crypto market crash on March 12.

5 months ago

18-Year-Old Bitcoin (BTC) Drug Dealer Busted by Australian Police: Details – via U.TODAY
An 18-year-old drug dealer from Tasmania, Australia, was caught red-handed with a batch of drugs in his mail, The Examiner reports. He is currently under arrest after being charged with drug trafficking. The Australian teenager was responsible for maintaining the flow of illegal drugs into his area with the help of a mail corridor. The substances that were seized by local law enforcement include MDMA, Ketamine, and cocaine. They were cumulatively worth more than $100,000.

5 months ago

The Nuances of OKEx Linear and Inverse Futures/Swap and How to Maximize Your Profit – via NEWSBTC
This article is targeted to the intermediate and sophisticated traders who are already familiar with the basics of index arbitrage. There are other resources available on OKEx Academy if you need more explanations on the concepts of basis, margining and fair value calculation. Today, we’re going to discuss a trade that would have returned >10% last month. The idea is very similar to the borrow and carry trade discussed here. For ease of discussion, we assume that we build an index arbitrage position on February 12 and then unwind it on March 13 at the most favorable time. However, the meat of the discussion arises from the discussion of how to maximize return on capital and lower risk by using both OKEx’s inverse and linear futures.

5 months ago

Telegram’s TON hits another roadblock as investors consider backing out – via AMBCRYPTO
The Telegram Open Network [TON] has been in the crosshairs of the Commodity Futures Trading Commission [CFTC] and the Securities and Exchange Commission [SEC] for a long time. Now, it would seem that TON’s troubles associated with the release of Telegram’s Gram tokens are bound to increase even more as at least 10 investors of the project have decided on exiting the project with their investments, according to the head of crypto-investment bank Hash CIB, Yakov Barinsky.

5 months ago

Bitcoin (BTC) New Address Count Surges 12% In One Day. Bullish Sign? – via U.TODAY
The Glassnode blockchain & crypto data research firm tracks numerous meaningful metrics of the Bitcoin (BTC) network processes. The three-day moving average of new addresses is among the most sensitive indicators. According to Glassnode Alert, a service by Glassnode analytical mechanisms, which automatically reports the most interesting facts on blockchain networks, Bitcoin (BTC) is experiencing a rapid influx of new addresses.

5 months ago

Analyzing Bitcoin’s Correlation to Gold Since the Recent Decrease – via beincrypto
Both Bitcoin and gold have been speculated to be considered safe-haven assets at various points in their existence. This suggests that in times of economic uncertainty, demand for such assets would increase. The movement since the March 11-13 decrease has further solidified this possibility.

5 months ago

Will Blockchain and Crypto be used against us after COVID-19 clears? – via Bitcoinist
More than a decade ago, Satoshi Nakamoto unveiled an intelligent virtual money system based on blockchain, which could be adopted globally without the fear of government or corporate control, except the very unlikely 51% attack threat. However, what if the very same technology created to save us will actually be used against us?

5 months ago

Bitcoin Mining Difficulty Sees Historic Drop, Even Larger Might Be Coming – via CryptoNews
After the second-largest Bitcoin (BTC) mining difficulty drop, the next one might be even bigger and provide even stronger relief to miners. As predicted, Bitcoin mining difficulty (a measure telling us how hard it is to compete for mining rewards) has just dropped – but instead of 5.8% estimated six days ago, it dropped 15.95%. This is the second-largest drop in its history. It now stands at 13.91 T, compared with 16.55 T recorded on March 9 when both BTC mining difficulty and hashrate hit new highs.

5 months ago

Bitcoin Price Volatility Alert as 50K BTC Options Open Interest Expires – via CoinTelegraph
Bitcoin (BTC) has fallen 4% in the past 24 hours, but its losses may be down to an old culprit which has already sparked market volatility and selling pressure. According to data from online monitoring resource Skew, March 27 will see the expiry of Bitcoin options open interest worth 49,400 BTC ($328 million).

5 months ago

Atromg8 Partners with Sendvalu on Effective Crossborder Payment and Remittance – via NullTX
The Unique Multi-DLT and blockchain landscape, ATROMG8 has been grabbing the headlines lately for its all new emerging technologies manoeuvres. Crossing another milestone in achieving its goal of a reliably decentralized future, the company has announced a significant partnership with Sendvalu, a renowned global money transfer service. The two market giants have joined hands in making the Sendvalu services available to the ATROMG8 community worldwide. The project is currently focused on Latin America, specifically the Brazilian market, to provide the complete benefits of a proactive communication and money transaction service to all.

5 months ago

Physical Delivery of Bitcoin in Bakkt Futures Rises 44% in March – via CoinTelegraph
Physical delivery of Bitcoin (BTC) for futures on the Intercontinental Exchange (ICE)’s Bakkt platform is going strong, despite a tumultuous month for the markets. Data from Arcane Research posted on March 26 reveals that, as of March 20, the number of traders opting to receive physical delivery of the cryptocurrency rose 44% on the month.

5 months ago

Bitcoin’s Hashrate Keeps Dropping, Now 45% Below Its All-Time High – via CRYPTOGLOBE
Bitcoin’s hashrate has dropped significantly from its all-time high as miners are seemingly turning off older mining machines because of the cryptocurrency’s price drop. According to CryptoCompare data, BTC’s hashrate dropped from an all-time high of 137 million TH/s to around 75 million TH/s at press time, a significant drop of about 45%. The network’s hashrate started dropping shortly after bitcoin’s price failed to surpass the $10,000 mark earlier this year and started dropping.

5 months ago

Your Bitcoin (BTC) Public Keys May Be Disclosed by Countries. Here’s How – via U.TODAY
Brendan Blumer, co-founder and CEO of the Block.one team that produces EOS.IO open-source software, predicted the most significant aspects of Bitcoin (BTC) progress for the future. Mr. Blumer is sure that if Bitcoin (BTC) continues its exponential growth, its network will host private chains managed by corporations. Thus, the bandwidth of the main blockchain would be saved as the transactions would go through these corporate chains.

5 months ago

Ripple donates $200,000 to help fight the coronavirus pandemic. – via Coinnounce
The coronavirus outbreak has taken over 21,000 lives so far, and over 450,000 have been found positive of COVID 19. The blockchain company behind the XRP, Ripple, has announced to join the fight against the coronavirus. Besides allowing workers to work from home, Ripple has announced to donate $200,000 as part of the global response to the COVID-19 pandemic.

5 months ago

Coinbase Grants App Users Direct Access to Crypto Lending Platforms – via CryptoNews
Major crypto exchange Coinbase has announced that it will allow users to lend out their crypto and gain interest from loans using decentralized finance (DeFi) apps via its Coinbase Wallet app. The development comes as the crypto lending industry continues on a path of dynamic growth, with rapidly increasing interest among would-be lenders worldwide.

5 months ago

India: Can Bitcoin emerge as the go-to asset for young Indians? – via AMBCRYPTO
Being radically different didn’t always help cryptocurrencies. However, in countries such as India, technological innovations like crypto and blockchain have great potential and can provide immense benefits to over a billion people. For crypto-adoption in India, the RBI banking ban was a serious impediment. However, the fact that it was revoked earlier this month does pave the way for greater adoption of cryptocurrencies like Bitcoin, while also exposing the country’s population to many of its utilitarian values.

5 months ago

Crypto Events for today – via COINDAR
1. Delisting of 87 Trading Pairs from Bitfinex.
2. Holo (HOT) – Meetup in Lisbon
3. Aave (LEND) – Meetup in London
4. Chainlink (LINK) – Meetup in London
5. Aeternity (AE) – AMA Bulgarian Webinar
6. HEX (HEX) – Airdrop
7. ELA Coin (ELAC) – Listing on Bittrex
8. Nyzo (NYZO) – Listing on Hotbit
9. Hebeblock (HEBE) – Listing on BKEX
10. Experty (EXY) – Airdrop
11. Chainlink (LINK) – AMA On Youtube

We hand pick and post some Interesting Crypto News Snippets by gathering them from various sources available Online, It will help you save your time especially for traders who like to know the happenings about various crypto coins. Please feel free to comment or ask your questions in comment section below and If you think this is useful please share it in your circle with your friends and other crypto enthusiasts.

25-MAR-2020

5 months ago

KyberSwap Taps Coinbase-Backed Torus for “One-Click” Wallet Management – via CryptoBriefing
KyberSwap, a fast and secure non-custodial crypto exchange powered by Kyber Network, has integrated with Torus to allow users to seamlessly create a wallet directly through KyberSwap’s web interface with their Gmail or social media account.

5 months ago

Peter Schiff: Bitcoin Might Moon Amid This Emerging COVID19 Financial Crisis – via CryptoPotato
The U.S. dollar and most fiat currencies will collapse during this financial crisis, said popular U.S. economist Peter Schiff. As a result, governments will start to rely once again on gold as the global reserve currency. He also continued his anti-Bitcoin narrative, saying that its price may rise in the short term, but it has no real value for the economy.

5 months ago

CryptoWorld Goes On Under The Pandemic Pressure: Changelly’s Eric Benz On The Industry’s Perspective – via CryptoDaily
The World Health Organization (WHO) made an official announcement last week about the coronavirus outbreak being a pandemic. The panic around COVID-19 grows stronger each day, with all important sports and cultural events being canceled. The European Union closes its borders while people are stocking up on supplies. At the same time, the Russia – Saudi Arabia oil price war has arisen and brought about another wave of panic to the financial sector of the world economy.

5 months ago

Bitcoin Price Just Death Crossed, But Last Time Led To Historic China Pump – via NEWSBTC
Bitcoin price just formed a death cross of the 50-day and 200-day moving average, a sign that typically signals to investors that the asset in question is in an unhealthy state and could see further downside. However, Bitcoin is anything but typical, and the last time this event occurred, the leading cryptocurrency by market cap broke records for the third-largest single-day pump on record. What’s happens this time around?

5 months ago

Bitcoin (BTC) Price Pumpers Compared to COVID-19 Opportunists by Roger Ver – via U.TODAY
Roger Ver, one of the loudest proponents of Bitcoin Cash (BCH), thinks that there is little difference between Bitcoin (BTC) moonboys and those who are trying to cash in on the coronavirus pandemic. In a new tweet, he makes it clear that bulls angry with price-gouging mask sellers apparently have zero self-awareness.

5 months ago

Global markets along with Bitcoin fail to turn bullish despite $2 trillion market stimulus – via Coinnounce
The US markets failed to rise despite the announcement of $2 trillion economic stimulus package that will help support companies and workers harmed by the coronavirus pandemic. The US financial markets initially witnessed a positive rally when the US lawmakers announced a massive $2 trillion stimulus package. But markets on Wednesday plunged after US Senate and the White House reached a deal of $2 trillion stimulus package. Bitcoin also failed to gain positive momentum. The markets plunged due to the coronavirus pandemic and other viruses like Hantavirus that emerged from China.

5 months ago

Binance Charity Raising $1 Million Donation In Its Fight Against CoronaVirus – via CoinGape
The fight against the global epidemic, COVID-19 virus is taking a leg up as Binance Charity Foundation (BCF), the socially responsible wing of Binance, announces yet another donation to fight the pandemic. This time it needs your retweet! On Mar. 25, the official Binance page called out its followers on social media to share and retweet a post to help in its fight against the novel Corona Virus, dubbed, #CryptoAgainstCOVID. The world’s largest cryptocurrency exchange pledged to donate a dollar for every retweet aiming for a million dollars.

5 months ago

1,400,000 XRP Stolen Via fake Chrome Extension – via Bitcoinist
Ledger users, beware. There are some bad actors operating right now looking to seize your backup seeds. If you see an ad on a Google search for a Ledger Live Chrome extension – avoid it like the plague. According to xrplorer forensics, around 1.4MN XRP has already been stolen so far–but all coins are at risk.

5 months ago

US Court quashes Telegram token siding with SEC – via Cryptopolitan
The New York court has stated that as Telegram intends to sell its TON tokens in the secondary market, so it would be considered as the unregistered security under the Howey Test. Recently, the Telegram’s plan of issuance of its Gram token has now met with yet another roadblock. The Security and Exchange Commission (SEC) made a special request, upon which a court in the U.S refrained the message platform Telegram from going ahead with its issuance process, scheduled to be held next month.

5 months ago

Tron And Metal Pay Partner To Bring TRX To US Citizens – via CryptoDaily
Tron, a blockchain-based decentralized platform just announced its partnership with a digital payment processing app called Metal Pay. The resulting collaboration will allow US citizens to instantly acquire Tron (TRX) through the Metal Pay app through credit or debit card payments, providing a fiat-to-crypto on-ramp to TRX in the United States. On the other hand, Metal Pay also has its own native token— Metal (MTL) which it offers as a reward token to users who transact on the platform.

5 months ago

Global Stablecoins May Be Subject to Securities Regulation, Says IOSCO – via Coindesk
The International Organization of Securities Commissions (IOSCO) thinks global stablecoin initiatives might be subject to securities laws, according to a new report. Published Monday, the 31-page examination of regulatory issues around stablecoins – cryptocurrencies with prices pegged to a low-volatility asset reserve – stressed that jurisdiction and regulation ultimately depend on project specifics. IOSCO looked at a hypothetical stablecoin managed by a company’s governance board, backed by a basket of global reserve currencies and settled on its own private blockchain. It could only be issued to “authorized participants” that buy and sell the stablecoin, and could be passed between users’ digital wallets.

5 months ago

ETH 2.0 Audit Complete, Minor Changes Proposed – via CryptoBriefing
ETH 2.0, the next iteration of Ethereum, has undergone a preliminary audit of the protocol’s specifications. The auditor Least Authority concluded that the specs are well-designed, but recommended some minor changes.

5 months ago

ASX’s Long-in-the-Works DLT Plan on Ice Amid Coronavirus Concerns – via Coindesk
The Sydney-based stock exchange paused the launch plans for its new DLT-based system that would provide same-day settlements for trades on Wednesday. Originally scheduled for April 2021, consultation on a new implementation timetable, including a new launch date, will start in June, the exchange confirmed in a statement Wednesday. With the new coronavirus now rapidly spreading in Australia, ASX Deputy CEO Peter Hiom said the exchange’s priority was now to monitor daily events and “focus on day-to-day operations.” Waiting until June before drawing up a new schedule would give the ASX “more time to consider the replan and better assess the implications of COVID-19,” he added.

5 months ago

Unknown Miners Start Mining Nearly Empty BSV Blocks After Controlling 51% of Its Hashrate – via CRYPTOGLOBE
Unknown miners have managed to capture most of the hashrate on the Bitcoin SV (BSV) network, and have been mining nearly empty blocks after managing to do so. According to Coin.Dance data, unknown miners have managed to capture 54.5% of the blocks mined on the cryptocurrency’s blockchain over the last seven days, controlling more hashrate than major BSV mining pools like CoinGeek, Mempool, and ViaBTC.

5 months ago

Ethereum Classic (ETC) Mining Emergency Firmware Released. What Does This Mean? – via U.TODAY
According to 2Miners, new software has already been successfully tested by the Ethereum Classic (ETC) community and can be used for Ethash-mining. This V520 firmware release extends Antminer E3-based mining operations so they won’t stop this month.

5 months ago

Bitcoin for Business: The Tax Guide – via CoinTelegraph
During 2019 alone, thousands of merchants worldwide were accepting Bitcoin (BTC) as a payment method. Despite this, a lot of current and would-be merchants are confused about how to pay taxes on their cryptocurrency sales. This guide was created by a United States business owner that advocates for cryptocurrency and a crypto tax expert to cover both practical aspects and tax tips for businesses that wish to accept cryptocurrencies. So whether your clients are asking or you desire to support the growth of the crypto ecosystem, here is the right way to do it.

5 months ago

Gold Faces a Very Physical Problem; Bitcoin To the Rescue! – via CryptoNews
Bitcoin’s competitor, gold, found itself in a peculiar situation due to the current pandemic: it’s getting increasingly difficult for it to move. Fears of stranded bullion led to London spot gold prices dropping far below U.S. gold futures.

5 months ago

China Pushes On With The Development Of Its CBDC – via CryptoDaily
Many central banks all across the globe have been cutting the interest rates to next to nothing. They are taking aggressive action against the economic turmoil brought on due to the coronavirus pandemic however, the central bank in China seems to be accelerating its central-bank digital currency plan amid all the chaos. Going off the report by The Global Times earlier this week, the country is getting ever closer to issuing its own central-bank digital currency. The central bank in China has completed the development phase of the basic functions of an official digital currency and is now drafting laws that will help its integration into the people’s lives.

5 months ago

Crypto Events for today – via COINDAR
1. SierraCoin (SIERRA) – Token Swap
2. Crowd Machine (CMCT) – Webinar
3. TRON (TRX) – Airdrop to random 30 Winners
4. Aeternity (AE) – Remote Hackathon Contest
5. Blockstack (STX) – AMA Community Town Hall
6. Force Protocol (FOR) – AMA Round Table
7. Pundi X (NPXS) – XWALLET System Upgrade
8. TomoChain (TOMO) – AMA On Telegram
9. Insolar (XNS) – Mainnet Maintenance
10. Elitium (EUM) – AMA On Telegram
11. Qtum (QTUM) – AMA On Telegram
12. Golem (GNT) – AMA On Reddit

We hand pick and post some Interesting Crypto News Snippets by gathering them from various sources available Online, It will help you save your time especially for traders who like to know the happenings about various crypto coins. Please feel free to comment or ask your questions in comment section below and If you think this is useful please share it in your circle with your friends and other crypto enthusiasts.

24-MAR-2020

5 months ago

64,000 BTC Accumulated on Anonymous Wallet After a Few Wires from Major Exchange – via U.TODAY
As previously reported by U.Today, the anonymous wallet 3D8qAoMkZ8F1b42btt2Mn5TyN7sWfa434A has received mammoth-sized transactions from the Huobi crypto exchange twice. Each time, the amount was split into over a dozen transactions, 1,000 BTC each. Just now, the wallet received another portion of BTC. Overnight, Bitcoin surged more than 14 percent, says CoinMarketCap, and is now trading in the $6,700 zone.

5 months ago

Bitcoin’s 10-day volatility drop could be first step towards normalcy – via AMBCRYPTO
Bitcoin was continuing to navigate through an unstable March, with the crypto-asset bouncing between the range of $5800 and $6600 since 19 March. And while Bitcoin managed to briefly breach $7000 on 20 March, its valuation soon descended below $6600 within 4 hours. Considering the fact that high volatility has been the theme of the month, Bitcoin’s realized volatility took a massive tumble on 23 March.

5 months ago

COVID-19 and ETH 2.0 Projects Targeted in Gitcoin Funding Round – via CryptoBriefing
Gitcoin, a community funding platform in Ethereum, is launching its 5th fund matching round with the help of Vitalik Buterin and others. ETH 2.0 and COVID-19 research projects are leading the charge. Gitcoin has been helping to bridge the gap between capital and developers. Now, it’s widening this bridge to include health crises. The latest funding round has included a “public health funding” section to Gitcoin in a bid to fund welfare and research for COVID-19. Other prominent sections include ETH 2.0 developments and media efforts.

5 months ago

Binance Coin Marks 18% Rebound in 24 Hours; Trades Above $12.5 – via CryptoNewsz
Binance Coin (BNB) price takes a rising stall as observed from the past 7 days and thereby regains support from the daily moving averages viz., 50-day and 200-day. Nonetheless, the global crypto market is ramped up with notable momentum since the midday of previous trading sessions, and BTC price has already broken the resistance at $6.5k. However, this is hard to believe as the markets worldwide are seen struggling due to a serious breakdown after the Coronavirus outbreak. Today seems to be an exception as the Asian markets were also seen drawing a hope for the intraday investors amidst unprecedented volatility.

5 months ago

Is Bitcoin Becoming an Alternative For Wall Street Investors? – via CryptoNews
Following the last few weeks carnage in the financial markets, bitcoin (BTC) may be starting to look like a viable alternative for some of the capital that is leaving Wall Street. A “decoupling” of bitcoin prices from the broader financial system is something many community members have called for, and said that they expect will happen in the near future. Not surprisingly, such a shift would also likely attract more capital from the traditional financial system and over to bitcoin, simply due to the benefit of having an uncorrelated asset in a portfolio. However, the jury is still out on whether BTC is an uncorrelated asset.

5 months ago

Alleged Architects of $720M BitClub Ponzi Request Jail Release Over Coronavirus Risk – via CoinDesk
Two men, accused of defrauding investors of $722 million in a crypto mining pool scam, have requested an early release from jail on the grounds the coronavirus poses a risk to their health. In emergency motions for release to the District Court of New Jersey, Matthew Goettsche and Jobadiah Weeks argue they should be temporarily released from Essex County Correctional Facility as the chances of contracting coronavirus are higher in an enclosed jail environment.

5 months ago

Bitcoin (BTC) Price Will Target $7,800, If This Happens – via U.TODAY
As per CoinMarketCap, the flagship cryptocurrency is surging 14.85 percent. On Monday, BTC quickly broke through the $6,000 resistance after the US Fed Reserve announced infinite QE measures to support financial markets. At the time of writing, Bitcoin is trading at $6,705. Analysts believe that BTC needs to cross a few more upper levels and close above them in order to continue its rise.

5 months ago

Bitfinex’s new surveillance tool highlights ecosystem’s fight against market abuse – via AMBCRYPTO
Popular digital asset trading platform Bitfinex has announced the launch of a proprietary surveillance tool as a measure to fight market abuse and to help promote orderly trading on the exchange. In an attempt to enhance market integrity and visibility, Bitfinex has deployed the market alert and reporting tool dubbed ‘Shimmer,’ a tool that will essentially identify and probe potential manipulative behaviors and report suspicious trading practices on the platform.

5 months ago

Bybit Enables Two-Way Margin Trading With Perpetual Contracts Quoted in Tether – via CoinDesk
Singapore-based cryptocurrency exchange Bybit is adding tether (USDT) perpetual contracts to its suite of derivative products. The contracts, going live Wednesday, will use the world’s largest stablecoin by market cap as both the quote and settlement currency for two-way trades, enabling traders to hold both long and short positions at the same time and with different levels of leverage.

5 months ago

ADAMANT Business Will Compete With Amazon And IBM For Implementing Blockchain In Companies – via CryptoDaily
Distributed Ledger Technology (DLT) and, in particular, blockchain, are increasingly used by companies in their activities. This is not just a tribute to trend, but business optimization and cost reduction. Major software manufacturers, such as Amazon and IBM, already offer their services to implement blockchain for companies. Business-oriented blockchains and DLTs are also developing, such as Hyperledger, Ethereum Enterprise, Corda, Quorum, MultiChain. According to ReportLinker, the blockchain technology market will grow from $1.2 billion to $23.3 billion by 2023.

5 months ago

Another US Digital Dollar and Wallet Proposed as Stimulus During Pandemic – via CryptoNews
In the midst of rising business shutdowns and unemployment rates in the U.S., which may lead to a nationwide, as well as a global recession, House Democrats have put a draft stimulus on the table – and it includes the creation of a “digital dollar” and a “digital dollar wallet” to be distributed to all qualified U.S. residents. As a response to the growing concerns over the COVID-19 pandemic and its massive economic impact, the U.S. Democratic party shared two lengthy draft bills titled the “Take Responsibility for Workers and Families Act” and the “Financial Protections and Assistance for America’s Consumers, States, Businesses, and Vulnerable Populations Act,” both dated March 22, 2020. The latter was introduced by Congresswoman Maxine Waters, a well-known oponent of Facebook’s Libra. Both documents have the term “digital dollar” included, defined in a similar manner.

5 months ago

Russian Economy Ministry ‘Wants to Legalize Crypto’ in Sandboxes – via CryptoNews
Russia could be set to legalize cryptocurrencies for companies and investors operating in new, industry 4.0-friendly regulatory sandboxes. Per news outlet Izvestia, the country’s Ministry of Economic Development wants to add a range of new provisos to sandbox-related legislation submitted last week to the State Duma, the country’s parliament. The ministry wants to create a “satellite” bill of exemptions from existing regulations on data gathering, autonomous vehicles and cryptocurrency usage, as it fears that without these, blockchain and other industry 4.0 companies will not be able to test their products and services with sufficient freedom.

5 months ago

Bitcoin Marches on $7K as Traditional Markets Cheer Fed’s QE Bazooka – via CoinDesk
Bitcoin is marching northwards as the Federal Reserve’s extraordinary economic measures boosts risk appetite in the traditional markets. The top cryptocurrency by market value rose as high as $6,863 early Tuesday, having jumped from $5,700 to $,6600 on Monday, according to CoinDesk’s Bitcoin Price Index. A major part of Monday’s double-digit price rise came after the U.S. Federal Reserve (Fed) announced it would expand asset purchases by as much as needed (that is, with no upper limit) to help the economy absorb shocks arising from the coronavirus pandemic.

5 months ago

United States Federal Reserve Is Looking Into An Open-Ended Asset Purchases Program – via CryptoDaily
Once more, the leading cryptocurrency has recovered above the $6000 key resistance level. This occurred after the United States Federal reserve revealed that it is planning to further increase liquidity in the market in an attempt to soften the merciless attack that the coronavirus has had on the US economy. The reserve has revealed that it will be purchasing assets in the amounts that are needed. This is in an attempt to ensure that the markets function well during the pandemic of the coronavirus.

5 months ago

Bitcoin (BTC) Price ‘Peak Fear’ May Be In: Analysts – via U.TODAY
With the Federal Reserve announcing an ‘unlimited’ money injection, meme authors are mocking the value of fiat currencies. This will certainly result in a new search for a ‘safe haven’. The analyst who accurately predicted the Bitcoin (BTC) price behavior over these recent tough days claimed that one indicator is crucial for ‘decoupling’.

5 months ago

Goldman Sachs’ Call to Buy Gold Cheers Bitcoin Bulls; Here’s Why – via NEWSBTC
Bitcoin bulls were cheerful this Tuesday as a top analyst’s call to purchase gold amidst the Coronavirus-induced market turmoil created similar opportunities for the cryptocurrency. Jeffrey Currie, a commodity researcher at Goldman Sachs, said in a note that the yellow metal has reached an “inflection point” after the Federal Reserve announced that it would buy an infinite amount of mortgage-backed securities and Treasury bonds to keep lending costs lower.

5 months ago

Ripple Transfers 130 Mln XRP to Anonymous Wallet – Will It Impact the Price? – via U.TODAY
As XRP has entered the green zone along with Bitcoin and the rest of the market, the XRPL Monitor has noticed several major transfers in which 174.4 mln XRP was moved over the past eleven hours. The biggest ones among them were made by Ripple, totaling 130 mln XRP sent by the cryptocurrency heavyweight. Meanwhile, traders are sharing their take on the future XRP price, after the Bitcoin rate growth and Monday’s announcement of the US Fed to launch a ‘QE infinite’.

5 months ago

These 2 key on-chain factors suggest Ethereum’s recovery is well on its way – via CryptoSlate
Even after the crypto market’s hefty recovery over the past week, Ethereum remains far below the values it was trading at just a month earlier. In fact, ETH trades at $134 as of the time of this article’s writing — 55 percent below the 2020 highs it reached in February. Despite this strong downturn, which has made ETH one of the worst-performing multi-billion-dollar assets in the entire world over the past few weeks, there are strong signs that a recovery is well on its way.

5 months ago

Crypto Events for today – via COINDAR
1. Tron (TRX) – Airdrop Rewards Campaign Ends
2. Loki (LOKI) – Hard Fork
3. ProBit Token (PROB) – AMA On Telegram
4. Unification (UND) – AMA On Telegram
5. Storj (STORJ) – AMA Webinar on INXPO

We hand pick and post some Interesting Crypto News Snippets by gathering them from various sources available Online, It will help you save your time especially for traders who like to know the happenings about various crypto coins. Please feel free to comment or ask your questions in comment section below and If you think this is useful please share it in your circle with your friends and other crypto enthusiasts.

23-MAR-2020

5 months ago

Tim Draper Hopes To Get Further Involved In The Crypto Revolution Of India – via CryptoDaily
Tim Draper, the billionaire investor who is a big enthusiast of cryptocurrency and bitcoin, has just put India’s India’s emerging industry in the crypto world in his crosshairs. At the end of last week, Draper took to Twitter to say that the Supreme Court’s recent reversal of the Reserve Bank of India’s ban on banks will drive a Renaissance for the cryptocurrency sector in the nation.

5 months ago

Bitfinex Cuts an Additional 87 Trading Pairs Over Low Liquidity – via CryptoGlobe
Cryptocurrency exchange Bitfinex is delisting 87 altcoin trading pairs in response to low levels of liquidity. According to the announcement made Mar. 20, the exchange is removing the trading pairs as of 10:00 AM UTC on Mar. 26. The exchange says the decision serves to “consolidate and improve” liquidity on Bitfinex, and create a more streamlined and optimized trading experience for users.

5 months ago

How COVID-19 Pushed Crypto In Asia – Binance U.S CEO – via CryptoDaily
As reported on earlier today, the CEO of Binance U.S, Catherine Coley recently took part in an interview with Bloomberg on the 16th of March. The CEO spoke on the current state of the coronavirus and its quarantine in Asia which drove a surge in trade value as a result. Speaking on the subject, Coley asserts that those Bitcoin and the S&P 500 are playing out of the familiar long-term cycle.

5 months ago

BITMAIN Announces Sale of New S19 Crypto Miner – via Bitcoinist
Just over a month since announcing the upcoming release of the Antminer S19 series, the crypto mining hardware is on sale at last. Today, Bitmain revealed that its next-gen mining equipment is now for sale domestically with international sales to follow soon.

5 months ago

Bitcoin: Will the upcoming mining difficulty adjustment help small miners? – via AMBCRYPTO
With Bitcoin‘s price hitting a 10-month low, a mining disaster seemed inevitable. In fact, several major mining rigs may be on the verge of shutting down owing to the current market situation. According to a recent report, 2.3 million S9 miners were wiped out in China, resulting in a large-scale shutdown. A Chinese industry insider told a media outlet that according to F2pool’s calculation of the entire network, roughly 2.3 million S9 miners were shut down from 10 March to 22 March.

5 months ago

Crypto Market Sentiment Shows Gradual Improvement – via CryptoNews
It has been 10 days since the market went for a dive, and the market sentiment situation has improved ever so slightly. The combined moving average 7-day market sentiment measure, sentscore, for the top 10 coins by market capitalization, went up from last Monday’s score of 4.21 to today’s 4.33/10, according to crypto market sentiment analysis service Omenics.

5 months ago

Kik Backs Away From Jury Trial Request in SEC Fight Over $100M Token Sale – via Coindesk
The Securities and Exchange Commission (SEC) and Kik are pushing for a speedy resolution to their ongoing legal battle, with both claiming the other has provided insufficient evidence to support their case.

5 months ago

Hive Blockchain Launched, HIVE Coin Listed – Is Steem-Sun Battle Over? – via CryptoNews
The Hive blockchain, a hard fork of the Steem (STEEM) blockchain, has officially launched last Friday, as the new home for the Steem community, while the new coin has been listed by two exchanges so far. However, it’s yet to be seen if this will put a full stop on the Steem – Justin Sun battle. As the Twitter account Hive.io announced on March 20, the Hive Blockchain is officially live, stating in a blog post that the “launch went incredibly smoothly given the pressure and effort involved in getting a hardfork ready in such a tight window.” The blog post added that another hard fork will be needed to upgrade Hive.

5 months ago

Mike Novogratz: This Will Be Bitcoin’s Year – via CryptoGlobe
Even though Bitcoin’s price has been quite volatile during the COVID-19 crisis, Michael Novogratz, a former Goldman Sachs partner, as well as Founder, Chairman, and CEO of crypto-focused merchant bank Galaxy Digital, believes that 2020 will Bitcoin’s year. World Health Organization (WHO) says that the first time it heard about a COVID-19 case was on 31 December 2019 when “the WHO China Country Office was informed of cases of pneumonia unknown etiology (unknown cause) detected in Wuhan City, Hubei Province of China”

5 months ago

Another Black Monday Incoming? Global Markets Crash As Bitcoin Drops Below $6,000 – via CryptoPotato
The coronavirus outbreak led to new developments and restrictions in the past 24 hours. The 2020 Tokyo Olympic Games could be postponed, while India inserts a lockdown on 75 districts in its borders. The financial markets reacted adversely today, as U.S. futures and Asian stocks nosedived by up to 10% in some cases. Bitcoin is down by 9% to $5,800 in the same timeframe, hinting again a positive correlation with the stock market.

5 months ago

Bitcoin (BTC) Price Likely to Reach $90,000 in Two Years: Crypto Influencer – via U.TODAY
While Bitcoin is still failing to hold above the $6,000 level, crypto influencer Mia Tan has made a prediction that in two years BTC may be worth 15 times more than now. Mia Tan has taken to Twitter to address those who are waiting for BTC to drop to $4,000 to stock up on it. The crypto influencer writes that since many are going to sell BTC in two years at a price 15 times higher, the difference between $4,000 and the current rate is relatively small for buying BTC.

5 months ago

Bitcoin and Altcoins Recovery Unwinds As Bears Return To Action – via CryptoNews
This week started with a fresh decrease in bitcoin after it failed to retain strength above USD 6,400 and USD 6,500. BTC/USD is currently (08:30 UTC) down close to 7% and it is now trading well below USD 6,000. It seems like the price is likely to continue lower towards the USD 5,650 and USD 5,550 levels. Similarly, all major altcoins are declining and trading with a bearish angle, including ethereum, XRP, litecoin, bitcoin cash, BNB, EOS, TRX, ADA, and XLM. ETH/USD broke the USD 130 support and it is trading below USD 125. XRP is also down more than 5% and the price is likely to extend its decline below USD 0.150.

5 months ago

PrimeXBT launches new PrimeXBT Turbo Platform to all users – via CryptoSlate
PrimeXBT, a Bitcoin-based margin trading platform offering up to 1000x leverage across forex, stock indices, commodities, and cryptocurrencies, has now opened up its innovative, new PrimeXBT Turbo platform to all users, providing an opportunity to generate as much as 90 percent profit in 30 seconds.

5 months ago

BitMEX loses grip as Bitcoin Futures Volume, OI stagnates – via AMBCRYPTO
All is not well with the cryptocurrency exchange and derivatives platform – BitMEX. As fear gripped the global market, its effects were reflected in the prices of cryptocurrencies as well. Due to the massive sell-off that was sparked by the great fall of 2020, BitMEX was again at the center of something significant.

5 months ago

Cardano (ADA) Trades Above Weekly Low Yet Faces Trend Aversion – via CryptoNewsz
ADA price descends after the weekly high and has marked a 20% loss in just 3 days as the Coronavirus pandemic resulting global crisis, and recession worsens. After an illusionary trading session towards the end of the previous week, the global crypto market turns red, again, and BTC price nosedives below $6k.

5 months ago

The crypto market is hanging on by a thread according to this chart, but all hope isn’t lost – via CryptoSlate
It’s been a rough past few weeks for the crypto market, with the Coronavirus-induced turbulence in the global markets catalyzing an intense and far-reaching selloff that has devastated traditional markets and nascent ones alike. This selloff has led Bitcoin down to a critical support level that bulls have been attempting to defend over the past several days and weeks, with a break below this level opening the gates for significantly further losses for all cryptocurrencies.

5 months ago

Crypto Events for today – via COINDAR
1. Bitrue Coin (BTR) – AMA On Telegram
2. Azbit (AZ) – Coin Burn
3. Komodo (KMD) – Notary Node Election
4. Cocos-BCX (COCOS) – Token Swap On Binance
5. ZVCHAIN (ZVC) – Exchange Listing on TZF
6. ARCS (ARX) – AMA On Telegram
7. Band Protocol (BAND) – AMA On Telegram
8. Status (SNT) – Exchange Listing on BKEX
9. Enjin Coin (ENJ) – Exchange Listing on BKEX
10. MCO (MCO) – Exchange Listing on BKEX
11. Maxonrow (MXW) – Exchange Listing on BitMart

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