Crypto News

  • US Federal Reserve Reveals Building a Digital Dollar Codebase With MIT
    Bitcoin News - 2 hours ago
    The U.S. central bank has been working on creating a digital dollar, according to a recently published transcript from Federal Reserve Board Governor Lael Brainard. On Thursday, she told participants attending “San Francisco’s Innovation Office Hours” webcast, that the Fed has been “collaborating with researchers at the Massachusetts Institute of Technology (MIT)” toward building a […] The post US Federal Reserve Reveals Building a Digital Dollar Codebase With MIT appeared first on Bitcoin News.
  • PayPal Co-Founder, DCG-Backed BTC Mining Firm Layer1 Accused of Patent Infringement
    CoinDesk - 4 hours ago
    Data center power management firm Lancium filed a lawsuit against Layer1 today, alleging that the BTC mining firm’s operations had infringed upon its patent.
  • Nasdaq-Listed Firm Marathon Buys 10,500 Next-Gen Bitcoin Miners for $23M
    Bitcoin News - 5 hours ago
    One of the earliest Nasdaq-listed cryptocurrency mining companies, Marathon Patent Group, announced a new agreement contract with the ASIC mining manufacturer Bitmain. According to the public company, Marathon has agreed to purchase 10,500 next-generation Antminer S-19 Pro models for $23 million. Marathon Patent Group wants to be the largest bitcoin mine in the United States […] The post Nasdaq-Listed Firm Marathon Buys 10,500 Next-Gen Bitcoin Miners for $23M appeared first on Bitcoin News.
  • Ethereum Price Hits 2-Year High as ETH Futures Open Interest Tops $1.5B
    Cointelegraph.com News - 8 hours ago
    Ethereum price surged to a two-year high at $445 and record open interest on ETH futures hints that the rally will continue. Today the price of Ethereum’s Ether (ETH) hit a two-year high according to data from crypto trading terminal Crryptowatch. Despite the breakout to $445, open interest on ETH futures remains steady at a new record high of $1.5 billion.ETH-USD 4-hour chart. Source: TradingView.comThe record high open interest on ETH futures hints that traders remain bullish and further gains…
  • Party Like It’s 2017: Whales and Degenerates of DeFi
    Crypto Briefing - 8 hours ago
    The DeFi craze is full-steam ahead: the total value locked has already passed $5 billion, the number of transactions on Ethereum hit 2018 levels, and gas prices are through the...
  • First Litecoin-Native Visa Debit Card Is Being Launched
    Cointelegraph.com News - 8 hours ago
    Charlie Lee: Litecoin maximalists don’t exist. The first Litecoin (LTC) native Visa debit card is being launched by BlockCard. Charlie Lee told Cointelegraph this is their second attempt at the endeavour as the previous one failed: “We previously worked with LitePay on a debit card but that failed when LitePay went out of business.”Lee also drew a distinction between this Litecoin-native debit card and other crypto cards that support the currency:“There are other crypto debit cards available today that support Litecoin,…
  • Market Wrap: Bitcoin Bounces to $11.8K as Ether Option Traders Go Bearish
    CoinDesk - 9 hours ago
    Bitcoin broke through $11,800 Friday while traders are anticipating an ether fall based on the options market.
  • Newest DAO Project Was Thrown a Curve, but the Team Is Rolling With It Anyway
    CoinDesk - 9 hours ago
    An anonymous DeFi user deployed Curve Finance’s DAO and token smart contracts without the team’s permission, but the Curve team is adopting it anyway.
  • TRON (TRX) Ecosystem towards Strongest Privacy Protection in the Industry
    Cryptocurrency News – TCAT - 9 hours ago
    Catch up on the latest crypto market news at The Currency Analytics. TRON ecosystem are getting strong in their attempts to protect user data with the strongest privacy protection in the industry.… The post TRON (TRX) Ecosystem towards Strongest Privacy Protection in the Industry appeared first on Cryptocurrency News – TCAT.
  • Market Update: BTC Inches Toward $12K, ETH Jumps 12%, Report Says LINK May See ‘Rough Waters’
    Bitcoin News - 10 hours ago
    Digital currency markets have increased significantly in value during the last 24 hours as the market capitalization of all 5,700+ coins is up over 2.4% on Friday. Bitcoin has been inching toward the $12k region again and ethereum touched a high over $442 a coin during the afternoon trading sessions. Crypto Market Cap Crosses $365 […] The post Market Update: BTC Inches Toward $12K, ETH Jumps 12%, Report Says LINK May See ‘Rough Waters’ appeared first on Bitcoin News.
  • Grayscale Investments Enjoys Its Best Week Ever After National Ad Blitz
    Cointelegraph.com News - 10 hours ago
    The power of television is no joke. Grayscale Investments had its best fundraising week in history following an ad blitz on a number of major television networks. According to the company’s CEO Barry Silbert, Grayscale netted $217 million in investments in the days following the campaign.  The firm’s Bitcoin Trust Fund was the biggest contributor to the success, adding  14,422.01411512 Bitcoin (BTC) at a value of $167,932,466, according to an SEC filing. The firm is currently holding 409,131 BTC, essentially…
  • Law Decoded: How Long Is the Arm of the Law? August 7-14
    Cointelegraph.com News - 10 hours ago
    New muscle from law enforcement investigating crypto suggests that government innovation may be slow but the government gets what it wants. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s noteDeFi has stolen the show lately. Spectacular rises and falls of unaudited tokens named after meme-able foods changing hands via ascendant liquidity pools have left many of us unimaginative observers mostly blinking.In this area, I can offer no particularly hot…
  • Fortnite vs. Apple and Google Is the Internet’s First ‘World War’
    CoinDesk - 10 hours ago
    What’s truly at stake in Epic Games’ battle with Apple and Google is the power to shape and profit from the future of digital experiences.
  • OKEx May Delist Ethereum Classic If It Doesn’t Upgrade Its Security
    Cointelegraph.com News - 10 hours ago
    ETC’s bad month isn’t over yet. ETC is facing delisting from OKEx in the wake of a 51% attack that cost the exchange $5.6 million.According to a report recently released by OKEx, the perpetrators registered five accounts between June 26 and July 9, 2020, subsequently depositing 68,230.02 ZEC (worth more than $5 million) on their platform.On July 31, the attackers exchanged their ZEC holdings for 807,260 ETC and withdrew it from the exchange. The on-chain process of the initial 51% attack…
  • Price Analysis 8/14: BTC, ETH, XRP, LINK, BCH, BSV, LTC, ADA, BNB, CRO
    Cointelegraph.com News - 10 hours ago
    Traders have turned bullish on Ethereum again and the strong break above $400 could pull Bitcoin and other altcoins higher. Data from Grayscale Investments shows that the firm’s assets under management soared from about $1.9 billion at the end of 2019 to over $3.5 billion by the end of June 30, 2020. The correction in the U.S. dollar (DXY) and the possibility of further weakness due to continued money printing by the U.S. Federal Reserve could be one of the main…
  • US Postal Service Files Blockchain Voting Patent Following Trump Cuts
    Cointelegraph.com News - 11 hours ago
    Is it enough to meaningfully resist election fraud? A new patent has been filed by the U.S. Postal Service, or USPS, which appears to use Blockchain technology to make mail-in voting a safe alternative to physical polling stations amid the COVID-19 pandemic. This news follows recent comments from President Donald Trump concerning the mail service’s funding as part of his fight against mail-in voting.”This developement releates to a voting system that also incorporates the use of cryptographic elements, such as…
  • A WeChat Ban Should Be the Moment for Decentralized Tech. But It’s Not.
    CoinDesk - 11 hours ago
    President Trump’s threat to ban WeChat could disrupt the communication of millions of people. Decentralized technology is one solution, but will people really use it? Not necessarily, industry watchers say.
  • TradingView Confirms It: People Love Bitcoin And Tesla
    Cointelegraph.com News - 11 hours ago
    Bitcoin and Tesla are the talk of the town throughout the USA. All eyes are on Bitcoin (BTC), crypto’s largest coin by market cap, and Tesla, a future-centric car company run by eccentric billionaire Elon Musk, thanks to a standout year for both assets.Tradable equity in Tesla, under the ticker TSLA, has captured more of the American public’s attention than any other investable asset, according to July figures from financial charting platform TradingView, posted on Aug. 13. Bitcoin held the…
  • Ethereum Classic Community Divided Over Charles Hoskinson’s Proposed Treasury Protocol
    Cointelegraph.com News - 11 hours ago
    It’s a clash of the crypto titans. Charles Hoskinson presented his idea for a decentralized treasury protocol to the Ethereum Classic (ETC) community during a Discord call on August 13. Hoskinson, who is the founder of Cardano (ADA) and one of the co-founders of Ethereum, strongly believes that setting up an independent source of funding for development and innovation can ensure the prosperity of ETC.Hoskinson’s proposal to change ETC’s block reward allocation would mean that instead of rewards going entirely…
  • Lending Protocol Aave Eyes Tokenized Mortgages With Launch of V2
    CoinDesk - 11 hours ago
    Tokenized mortgages may be coming to decentralized finance (DeFi) following Aave v2’s specification announcement Friday.
  • Money Reimagined: How a Dangerous Idea Could Work
    CoinDesk - 12 hours ago
    Modern Monetary Theory, which says deficits don’t matter, has some truth to it. But putting it into practice would be risky without modern controls.
  • Longtime Analyst Bove Says Cryptocurrency Is One Challenge to Dollar’s Dominance
    CoinDesk - 12 hours ago
    The noted analyst says a possible end to the U.S. dollar-ruled financial system is “frightening, yet the probability is quite high.”
  • Enter Facebook Financial: All Bases Covered From Crypto to Stablecoins
    Cointelegraph.com News - 12 hours ago
    There are multiple ways to approach digital payments, and Facebook wants to cover them all. Despite regulators across the board giving a cold shoulder to Facebook’s ambitious plan to install a worldwide crypto-based payment system called Libra, the company’s enthusiasm for moving into the digital payments space is only mounting. Earlier this week, reports emerged that the social media hegemon has realigned its forces on this front, arranging all its payments-related subsidiaries into a single group called Facebook Financial.David Marcus,…
  • Walmart Adds Crypto Cashback Through Shopping Loyalty Platform StormX
    Cointelegraph.com News - 12 hours ago
    Loyalty can be so rewarding. Gamified shopping loyalty platform StormX will now let its users earn cashback in cryptocurrencies when shopping at Walmart.According to an announcement shared with Cointelegraph on August 14, StormX users can now earn up to 4% cashback in crypto for purchases made at Walmart. Users who achieve a “Diamond” rank can earn up to 14%. StormX CEO Simon Yu said that he believes this Walmart partnership will bring new users to the service:“As the only crypto…
  • Blockchain Bites: Ripple’s Rebuff, DeFi’s ‘Degens’ and China’s CBDC
    CoinDesk - 13 hours ago
    Both the U.S. and China are advancing on their central bank digital currency (CBDC) designs while a Bitcoin developer created a new programming language.
  • UK Crackdown Pulls Thousands of Crypto Scams Offline
    Cointelegraph.com News - 13 hours ago
    The NCSC has gone scorched earth on crypto scams. Over the past four months, the National Cyber Security Centre, or NCSC, removed over 300,000 URLs pertaining to fake celebrity-endorsed investment opportunities. More than a half of these sites belonged to fraudulent cryptocurrency investment schemes.Per an announcement published by the NCSC on August 14, an increasing number of these scams utilized fake endorsements from national celebrities, such as Ed Sheeran and Richard Branson. This raised red flags for authorities, prompting the…
  • Chinese Bitcoin Miners Develop Strong Relationships and Crypto Mining Facilities in Iran
    Bitcoin News - 13 hours ago
    During the last few months, crypto proponents have focused their attention on Iran. The Iranian President Hassan Rouhani initiated a new mining strategy last May, and the government-licensed 14 bitcoin mining farms in July. According to the Chinese mining operation Lubian, it claims to operate one of these regulated bitcoin mining farms in the oil-rich […] The post Chinese Bitcoin Miners Develop Strong Relationships and Crypto Mining Facilities in Iran appeared first on Bitcoin News.
  • Masternodes in Legal Limbo as Regulators Fail to Act
    CoinDesk - 13 hours ago
    U.S. regulators have yet to issue clear guidance about whether masternode operators are breaking securities laws.
  • Bitcoin News Roundup for Aug. 14, 2020
    CoinDesk - 13 hours ago
    With traditional finance and crypto traders both enjoying market madness, CoinDesk’s Markets Daily is back with your latest crypto news roundup!
  • Will Bitcoin Break $12,000? 4 Things to Know Heading Into the Weekend
    Cointelegraph.com News - 13 hours ago
    Bitcoin and cryptocurrencies as a whole remain bullish as $12,000 comes into view once more as the markets head into the weekend. Bitcoin yet to clear $12,000 hurdleEthereum Gas prices skyrocketSmall-cap cryptos shineWatch the Bitcoin and gold correlationThis week, the Bitcoin and cryptocurrency market roared into Monday like a lion only to end the week more like a lamb. Going into the weekend, let’s take a look at the major developments that have shaped the past week and what can…
  • The Yam Protocol Will Migrate Old Tokens to an Audited Contract
    Cointelegraph.com News - 13 hours ago
    The saga continues… After the original Yam Finance protocol collapsed due to a single line of code, its developers are planning to relaunch the project on new, audited smart contracts.In a blog post published on Friday, the developers outlined a migration plan that will see the already existing tokens get transferred on a new smart contract with a properly functioning rebase.The relaunch was announced shortly after it became clear that a last-ditch effort to save the protocol failed on Thursday. Now,…
  • Diversity and Inclusion in Blockchain and Crypto: The Gender Aspect
    Cointelegraph.com News - 13 hours ago
    Diversity and inclusion are valued higher in the crypto space than in traditional finances, but there are some cultural obstacles we need to overcome. When we talk about financial inclusion, we have to think about inclusion for whom, in what context, and what inclusion itself means. One of the common answers when thinking about who needs to be “financially included” is “most currently unbanked people, who should ideally have access to commercial banking systems.” But it’s not as simple as just…
  • Jack Ma Stated behind the Bitcoin the Technology Itself is really very Powerful
    Cryptocurrency News – TCAT - 13 hours ago
    Catch up on the latest crypto market news at The Currency Analytics. About 2 years ago, when Jack Ma was asked what do you think about the future of Bitcoin? He replied… The post Jack Ma Stated behind the Bitcoin the Technology Itself is really very Powerful appeared first on Cryptocurrency News – TCAT.
  • Crypto Exchange INX Plans $117M US IPO With Small Israeli Underwriter
    CoinDesk - 14 hours ago
    Crypto exchange INX has told the SEC its upcoming IPO will be underwritten by a relatively low-profile Israeli company called A-Labs.
  • Crypto Savings Accounts Are Coming to Fintech Firms That Use Wyre
    CoinDesk - 14 hours ago
    Crypto payments startup Wyre is offering white-labeled savings accounts that dole out interest on crypto, the company announced Friday.
  • 6 Questions for Justin Rice of Stellar Development Foundation
    Cointelegraph.com News - 15 hours ago
    “Decentralized technology that creates programmatic consensus to seamlessly fix inefficiencies and increase opportunity? I think it may prove to be unstoppable.” Each week we ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week our 6 Questions go to Justin Rice, Head of Ecosystem at the Stellar Development Foundation.Stellar Development Foundation (SDF) is a non-profit organization that supports the development…
  • Chinese Govt. to Promote Digital Currency [DCEP] at Winter Olympics
    Coingape - 15 hours ago
    While the west is busy with yield farming and worries over devaluation of US Dollar, the Chinese Govt. is strongly propagating their digital Renminbi. An announcement in the People’s Daily notes the plans  for expansion of the pilot program across China.  As reported ealier, the pilot program has begun in various regions in participation with
  • ‘How Can You Be Bearish?’ Asks Bitcoin Trader as Tether Surpasses $12B
    Cointelegraph.com News - 15 hours ago
    The supply of Tether has surpassed $12 billion and this will likely only make traders more bullish on the price of Bitcoin and alternative cryptocurrencies. The market capitalization of Tether (USDT) surpassed $12 billion as of Aug. 14, according to cryptocurrency market analytics firm Coinmetrics. Meanwhile, some believe the rapidly-rising valuation of the dominant stablecoin positively benefits Bitcoin (BTC) in the long term. But some investors also fear that it makes the cryptocurrency market vulnerable.Tether has been the most widely-utilized…
  • MicroStrategy Buying Bitcoin Shows Institutional Investors Seek to De-Risk
    Cointelegraph.com News - 15 hours ago
    Wall Street firms are waking up to the prospect of holding Bitcoin as a hedge against uncertainties in the mainstream equities market. Bitcoin (BTC) adoption by big-money players is once again on the agenda following the recent $250 million BTC purchase by MicroStrategy. Industry commentators have also stated that corporations plugging into Bitcoin will provide prominent tailwinds to push BTC valuation to new heights.With the coronavirus pandemic adversely impacting economies around the globe, investors appear to be looking toward safe…
  • Swipe Is the Latest Project to Integrate Chainlink's Price Oracles
    Cointelegraph.com News - 16 hours ago
    The rising price of Link will not deter Swipe’s march to decentralization. Swipe wallet and crypto debit card platform has integrated Chainlink (LINK) data oracles to improve the accuracy of reward issuance and token burns. Swipe CEO Joselito Lizarondo said Chainlink’s decentralized price feeds will provide more accurate and fair token conversion prices for users and was an important step towards  greater decentralization:“This is important to us to bring transparency to our users, especially as we’re kind of leaning towards starting…
  • Craig Wright Won't Need to Pay Hodlnaut $60K Until Appeal Is Over, Says Counsel
    Cointelegraph.com News - 16 hours ago
    Craig Wright’s legal counsel has refuted claims from Hodlnaut on Twitter. Craig Wright, a self-proclaimed Bitcoin (BTC) creator, is apparently not required to pay legal fees for a failed libel suit against the Twitter crypto enthusiast known as Hodlonaut.In an Aug. 14 email to Cointelegraph, Wright’s legal representative argued that he is not obliged to pay legal costs in the defamation suit until the Norwegian Supreme Court considers an appeal.The spokesperson said, “Craig has appealed to the Norwegian Supreme Court.…
  • First Mover: As Wall Street Goes Topsy-Turvy, Crypto Traders Are Bullish as Ever
    CoinDesk - 16 hours ago
    Crypto traders are enjoying their own version of the market’s madness, from bitcoin’s bull run to the collapse of YAM to Dave Portnoy.
  • Market Report: Merculet Token Price Doubles in 7 Hours, Algo up More Than 500% Since March
    Bitcoin News - 17 hours ago
    The merculet token gained 160% from $0.00068 to $0.0011 in just 7 hours of trading on August 14. The price jump makes the token biggest gainer in 24 hours according to markets.Bitcoin.com. Despite the price surge, merculet had trading volumes of just $112,000. At the time of writing, merculet’s market capitalization was $4.5 million. This […] The post Market Report: Merculet Token Price Doubles in 7 Hours, Algo up More Than 500% Since March appeared first on Bitcoin News.
  • Bitcoin a Hedge Against Elon Musk Mining Asteroid Gold, Say Winklevoss Twins
    Cointelegraph.com News - 17 hours ago
    The Winklevoss Twins apparently think that space mining is just around the corner. The Winklevoss Twins suggested that Bitcoin (BTC) is a better investment than gold because the metal’s supply will increase after Elon Musk starts mining asteroids.In an interview with internet personality and Barstool Sports founder David Portnoy, the Winklevoss Twins claimed that Bitcoin is a better investment than gold because gold does not have a fixed supply:“There’s billions of dollars of gold floating in asteroids around this planet,…
  • CME Rises in Bitcoin Futures Rankings as Institutional Interest Grows
    CoinDesk - 17 hours ago
    Institutional exchange CME has become the third-largest bitcoin futures exchange by number of open contracts.
  • Siacoin (SC) Releases Equinox v1.5.0 and more of Epic Releases are Due Soon
    Cryptocurrency News – TCAT - 17 hours ago
    Catch up on the latest crypto market news at The Currency Analytics. Equinox v1.5.0 is focused on providing improved Skynet performance. With Equinox, Skynet nodes will be able to support as much… The post Siacoin (SC) Releases Equinox v1.5.0 and more of Epic Releases are Due Soon appeared first on Cryptocurrency News – TCAT.
  • Vitalik Buterin to Forsage: “…leave and do not pollute the Ethereum ecology…”
    Cryptocurrency News – TCAT - 17 hours ago
    Catch up on the latest crypto market news at The Currency Analytics. Vitalik Buterin, co-founder of Ethereum, in a reply to Forsage Asia, on August 11th via Twitter, has revealed his disapproval… The post Vitalik Buterin to Forsage: “…leave and do not pollute the Ethereum ecology…” appeared first on Cryptocurrency News – TCAT.
  • Thailand’s Central Bank Eyes DeFi Use Cases for Its Digital Baht
    Cointelegraph.com News - 17 hours ago
    Thailand’s central bank assesses the chances of bringing centralized and decentralized together. Thailand’s central bank is looking at smart contracts and decentralized finance (DeFi) implementations for its national digital currency, the digital baht.Vijak Sethaput, senior developer for the Bank of Thailand’s (BoT) central bank digital currency project Inthanon, discussed the country’s CBDC progress in an interview hosted by a global think tank for central banking, the Official Monetary and Financial Institutions Forum, on Aug. 13.Sethaput was joined by Sky Guo,…
  • Bitcoin Proceeds of COVID-19 Business Support Scheme Fraud Seized
    Cointelegraph.com News - 18 hours ago
    The $150,000 worth of Bitcoin was allegedly being used to launder money gained through fraudulent support loan applications on behalf of dummy businesses. A U.K. woman has been arrested in possession of £115,000 ($150,000) of Bitcoin (BTC), according to a Metropolitan Police report. The cryptocurrency is alleged to be the proceeds of a fraudulent scheme applying for government loans designed to assist small businesses in the wake of the coronavirus pandemic.The 35-year-old woman was arrested on suspicion of fraud, money…
  • Marathon Signs New $23M Contract With Bitmain for 10,500 Bitcoin Mining Rigs
    CoinDesk - 18 hours ago
    The $23 million purchase will see Marathon’s bitcoin mining capacity increase drastically, turning it into one of the largest miners in North America.
  • 20 Top Universities Join Oasis Blockchain Network's Data Program
    Cointelegraph.com News - 19 hours ago
    The Oasis Foundation has announced a new University Program, bringing together blockchain societies from leading universities like Oxford and Cornell. Blockchain and data science societies from some of the world’s most prestigious universities have joined blockchain infrastructure providers like Bison Trails as founder members of the Oasis University Program.The program, announced Aug. 13, aims to highlight and popularize the Oasis Network within this student society ecosystem. The Oasis Network is a proof-of-stake blockchain designed to enable the tokenization of data,…
  • Vitalik Buterin Says He Never Tried Yield Farming, Suggests to Evaluate Risks First
    Cointelegraph.com News - 19 hours ago
    Is Buterin trying to put a lid on the potato-related excesses of yield farming? Vitalik Buterin said he did not personally engage in any yield farming for tokens on decentralized finance.In a tweet published on Friday, the Ethereum co-founder explained that his only major interaction with yield-bearing DeFi protocols was putting “a few coins into Uniswap a long time ago.” Buterin said that he earned “a few percent on fees” before taking the money out at some undisclosed point.This goes…
  • Bitcoin Derivatives Platform BitMEX Makes KYC Mandatory, Whales to Trade Elsewhere
    Crypto Briefing - 19 hours ago
    BitMEX‘s new KYC policy requires all users to submit their personal information to the exchange by February 2021. This presents an opportunity for the exchange to cater to a broader...
  • Singapore’s Central Bank Backs New Code of Practice for Crypto Companies
    CoinDesk - 19 hours ago
    The guidance is aimed at assisting regulatory compliance and enhance crypto industry conduct under the city-state’s payment laws.
  • Ava Labs joins the LACChain Alliance
    CryptoNewsZ - 19 hours ago
    In order to power the growth and expansion of blockchain technology in Latin America and the Caribbean region (LAC), Ava Labs has joined the IDB Lab’s LACChain Alliance. Ava Labs is joining @LACChain to further promote the development, adoption, and growth of blockchain technology in Latin America and Caribbean regions. We're ecstatic to join alongside …
  • Ripple CEO Hits Out at Reports Claiming Firm Is Pivoting From Interbank Payments
    CoinDesk - 20 hours ago
    The CEO of Ripple Labs, Brad Garlinghouse, has criticized the Financial Times for saying his company plans to move away from interbank payments.
  • China Expands Digital Yuan Trials to Beijing and Neighboring Provinces
    Cointelegraph.com News - 20 hours ago
    While there is not yet a set time for the expanded pilot program to begin, a policy framework should be complete by the end of 2020. China’s Commerce Ministry announced today that it will expand the trials of the nation’s central bank digital currency (CBDC) to include Beijing, as well as Tianjin and Hebei provinces.According to an Aug. 14 report by the Wall Street Journal, there is not yet a set time when the expanded pilot program of the Chinese…
  • Attorney Ordered to Pay Out $5.2M for Bitcoin Escrow Mishap
    CoinDesk - 20 hours ago
    The New York attorney released the funds without authorization and lost investment firm Benthos Master Fund $4.6 million intended for a bitcoin purchase deal.
  • Friday Pullback? Biggest Bitcoin Mining Pool Sends 800 BTC to Binance
    Cointelegraph.com News - 20 hours ago
    CryptoQuant warns that a sell-off from Poolin may accentuate downward Bitcoin price pressure in the short term. Bitcoin (BTC) may have recovered to $11,700 but miners could soon spark a price plunge, data warns.In an update on Aug. 14, on-chain monitoring resource CryptoQuant identified a spike in mining pool outflows. BTC price: CryptoQuant expects a “little pullback”Aftering remaining stable this month, mining pool outflows have begun to grow, with 802 BTC in aggregated flows recorded by CryptoQuant on Friday.Describing the event…
  • Boston’s Federal Reserve Bank and MIT to Tackle Digital Currency Research
    Cointelegraph.com News - 20 hours ago
    Fed Governor Lael Brainard shares updates about the U.S. digital currency initiative and why it is crucial to understand CBDCs. The Federal Reserve Bank of Boston has entered into a partnership with the Massachusetts Institute of Technology to better understand the concept of digital currencies.The bank will work with MIT researchers on a multiyear project to develop and test the use cases of a “hypothetical” central bank digital currency (CBDC), said Fed Governor Lael Brainard during her speech at the…
  • Top Cryptocurrencies That Deserve Your Attention
    CryptoNewsZ - 21 hours ago
    The future of the financial market is never entirely certain, but the signs are strongly pointing towards cryptos leading the ranks in the years to come. Before 2018, the performance of cryptocurrencies was debatable and, besides the trendsetting Bitcoin, not much was known, and, frankly, little was expected from any other digital currency. Despite that, …
  • Coinbase to Offer Bitcoin-Based Cash Loans of up to $20,000 Across 17 US States
    Bitcoin News - 22 hours ago
    U.S. crypto exchange Coinbase will start offering bitcoin-backed cash loans to select customers as early as next month. Investors can borrow up to 30% of the bitcoin they hold on the exchange, or a maximum $20,000, it said. In a blog post on August 13, Coinbase unveiled its new crypto lending business, which places it […] The post Coinbase to Offer Bitcoin-Based Cash Loans of up to $20,000 Across 17 US States appeared first on Bitcoin News.
  • Ripple CEO Fires Back at NYT Reporter, ‘Ripple Has No Plans to Reset Our Strategy’
    Cointelegraph.com News - 22 hours ago
    Ripple CEO Brad Garlinghouse says the network is working as planned. Ripple (XRP) CEO Brad Garlinghouse has responded to criticism from New York Times technology reporter Nathaniel Popper after news surfaced that Santander Bank is still hesitant to use the company’s native token XRP.Popper took aim at Garlinghouse, citing statements by the CEO in January 2018 around banks “planning to use [the] XRP token in the near future.” He went on to say that “people used their savings to invest…
  • China to Launch Major Expansion of Digital Currency Trials
    CoinDesk - 22 hours ago
    China is said to be planning additional testing of its digital yuan across a number of developed regions including Hong Kong.
  • How Curve Finance’s CRV Token Launched Without Anyone Knowing
    Crypto Briefing - 22 hours ago
    In a stunning turn of events, Curve Finance‘s highly anticipated token, CRV, was launched by an anonymous developer rather than its core team. The token is living up to market...
  • Stellar Lumens (XLM) Events Scheduled for August 14, 2020 and August 19, 2020
    Cryptocurrency News – TCAT - 22 hours ago
    Catch up on the latest crypto market news at The Currency Analytics. Stellar have made a reference to a security guide on protecting oneself from scammers.  They have referred to a guide… The post Stellar Lumens (XLM) Events Scheduled for August 14, 2020 and August 19, 2020 appeared first on Cryptocurrency News – TCAT.
  • Blockchain Investments Fell 63% Due to Pandemic
    Cointelegraph.com News - 23 hours ago
    After heavy funding cuts for blockchain this year, Global 2000 companies are looking to DLT to regain a competitive advantage in the post-coronavirus landscape. Professional services firm KPMG has published a report predicting that blockchain will be one of five emerging technology sectors to see increased investment from enterprises over the next 12 months.Titled Enterprise Reboot, the report was compiled by KPMG International and HFS Research. It draws on a survey of 900 executives from organisations on the Forbes’ Global…
  • Markets.Bitcoin.Com Holds Fort as Coinmarketcap Temporarily Goes Offline
    Bitcoin News - 1 day ago
    Coinmarketcap (CMC) temporarily went offline Thursday, August 13 and normal service only resumed some hours later, but not before inconveniencing a number of regular users. Crypto investors accustomed to CMC’s service scrambled to find reliable alternative sources of fresh market data. During this downtime, crypto traders that are new to markets.Bitcoin.com got a glimpse of […] The post Markets.Bitcoin.Com Holds Fort as Coinmarketcap Temporarily Goes Offline appeared first on Bitcoin News.
  • Bitcoin Price Forecast: BTC/USD Bulls Set Eyes On The Prize As $12,000 Beckons
    Coingape - 1 day ago
    Bitcoin recovers from the dip to n$11,100 but hits a wall at $11,800. BTC/USD is likely to embrace support at the 61.8% Fibonacci level and relaunch the mission to rise above $12,000. Bitcoin price has shown resilience since the beginning of the week. This week started with action above $12,000 but BTC hit a wall
  • Waves Technical Analysis: WAVES/USD Hits Vital Make Or Break Level, Is the $4.0 Level Within Reach?
    Coingape - 1 day ago
    Wave’s massive breakout from July hits a barrier slightly at $3.65, leaving $4.0 untested. WAVES/USD relies on the support at $3.0 to avert possible declines and stage a reversal towards $4.0. Waves an open blockchain protocol and development toolset for Web 3.0 applications and decentralized solutions has been attracting a lot of attention lately mainly
  • DeFi Project Spotlight: Curve Finance Officially Launches CRV Token
    Crypto Briefing - 1 day ago
    Curve Finance began as one of the most efficient stablecoin swapping protocols in DeFi. Now, with a governance token in the works, it has become one of the most popular...
  • Cardano Moves Towards Next Stage of Governance with Voltaire and Catalyst
    Crypto Briefing - 1 day ago
    IOHK is beginning to implement a governance system on Cardano, which will allow the community to vote on matters related to the blockchain’s development and funding. Project Catalyst Begins Cardano...
  • ETC Group’s Bitcoin ETP Hits $49 Million Assets Under Management in Two Months
    Bitcoin News - 1 day ago
    Etc Group said Wednesday that its centrally cleared bitcoin exchange-traded product (ETP) has accumulated up to $49 million in assets under management since launch on June 18, 2020. The contract, known as Bitcoin Exchange Traded Crypto (BTCE), tracks the price of BTC and is 100% physically backed by the cryptocurrency. It started trading on Deutsche […] The post ETC Group’s Bitcoin ETP Hits $49 Million Assets Under Management in Two Months appeared first on Bitcoin News.
  • SIMETRI Outperforms Bitcoin, Altcoins, and Crypto Funds with 750% ROI
    Crypto Briefing - 1 day ago
    Since its inception in July 2019, Crypto Briefing’s research division SIMETRI has been committed to finding promising low-capitalization coins with high upside potential. The numbers speak for themselves⁠—we beat Bitcoin...
  • Bitcoin.com Wallet Reveals USDT Support – Users Can Swap and Store SLP-Based Tether
    Bitcoin News - 1 day ago
    During the first week of July, Bitcoin.com’s Wallet added a number of new features including a portfolio breakdown and honestcoin (USDH) swapping abilities. With the latest update this week, Bitcoin.com Wallet users can now store the SLP-based stablecoin tether (USDT) in their wallets as well. Tether (USDT) is the most popular stablecoin in the crypto […] The post Bitcoin.com Wallet Reveals USDT Support – Users Can Swap and Store SLP-Based Tether appeared first on Bitcoin News.
  • Ripple (XRP) Strong in their Goal of Enabling Global Payments for Everyone Everywhere
    Cryptocurrency News – TCAT - 1 day ago
    Catch up on the latest crypto market news at The Currency Analytics. RippleNet are already well established as the world’s most accessible global payments network.  They make it easy for a diverse… The post Ripple (XRP) Strong in their Goal of Enabling Global Payments for Everyone Everywhere appeared first on Cryptocurrency News – TCAT.
  • Crypto Pro Portfolio Tracker Gets a Major Update
    Bitcoin News - 1 day ago
    Crypto Pro app has extended its Apple device support and is now available on Mac, iPhone, iPad, and Apple Watch. What is Crypto Pro? Crypto Pro tracks cryptocurrency prices in real-time and displays interactive charts with indicators. Users can also read the latest crypto news, set custom price alerts, and monitor their portfolios with performance […] The post Crypto Pro Portfolio Tracker Gets a Major Update appeared first on Bitcoin News.
  • VeChain Focusing On Improved Adoption of Public Blockchains and Use Cases
    Cryptocurrency News – TCAT - 1 day ago
    Catch up on the latest crypto market news at The Currency Analytics. Bitcoin.com exchange recently expressed their excitement for having listed VeChain in their exchange. VeChain Foundation tweeted:  “With the purpose of… The post VeChain Focusing On Improved Adoption of Public Blockchains and Use Cases appeared first on Cryptocurrency News – TCAT.
  • Upbots – A comprehensive platform for DeFi, DEXes, and centralized Exchanges
    Cryptocurrency News – TCAT - 1 day ago
    Catch up on the latest crypto market news at The Currency Analytics. In 2020, we may finally be seeing the first signs of a true mainstream adoption of cryptocurrencies and blockchain technology.… The post Upbots – A comprehensive platform for DeFi, DEXes, and centralized Exchanges appeared first on Cryptocurrency News – TCAT.
  • US Officials Claim Largest-Ever Seizure of Cryptocurrencies from Terrorists
    Coingape - 1 day ago
    Reportedly, the U.S. Justice Department officials claim to have seized the largest amount. until now, in digital currencies. According to the report, the dept, has seized more than 300 accounts at four cryptocurrency platforms. The accounts were used by “militant organizations based abroad, including the Islamic State group and al-Qaida.” The details of the holdings
  • Coinmarketcap Earn program launches to Educate and Reward Enthusiasts: Band Protocol is the First
    Cryptocurrency News – TCAT - 1 day ago
    Catch up on the latest crypto market news at The Currency Analytics. Coinmarketcap, on August 12, launched Coinmarketcap Earn, a program that allows users to earn cryptocurrency as they learn about them.… The post Coinmarketcap Earn program launches to Educate and Reward Enthusiasts: Band Protocol is the First appeared first on Cryptocurrency News – TCAT.
  • JPMorgan Investing in Ethereum: ConsenSys Blockchain Conglomerate Raising $50M
    Crypto Briefing - 1 day ago
    JPMorgan Chase & Co is in talks to lead a $50 million funding round in ConsenSys. The arrangement will see the bank’s Quorum project merged with the blockchain software development...
  • DigiByte (DGB) Community Excited About Lot of New People Coming to the Crypto Space
    Cryptocurrency News – TCAT - 1 day ago
    Catch up on the latest crypto market news at The Currency Analytics. CoinBase have been recently stating that they would like to have a uniform protocol for all cryptos.  To support the… The post DigiByte (DGB) Community Excited About Lot of New People Coming to the Crypto Space appeared first on Cryptocurrency News – TCAT.
  • Will DeFi Turn Its Back On Ethereum As ETH Fees Continues To Soar?
    Coingape - 1 day ago
    The much-hyped YAM tokens plunged 99.9% after a severe bug was discovered in the asset. Earlier this week, the market capitalization of YAM went as high as $600 million; it has now collapsed after an exploit of more than $750,000. The market cap is collapsing to as low as zero. It is dragging down the
  • Data Indicates Chainlink and Band Protocol Are Due for a Correction
    Crypto Briefing - 1 day ago
    Investors are overwhelmingly bullish on Chainlink’s LINK and Band Protocol’s BAND tokens.  Still, different on-chain metrics suggest these competing oracle tokens are bound for a wild downward ride. LINK Whales...
  • Shyft Network and Merkle Science Team Up For Providing Compliance Services
    CryptoNewsZ - 1 day ago
    In order to derive the synergy, Shyft Network and Merkle Science have come together in a unique association that is primarily aimed to cater to virtual asset service providers (VASPs) in the Asia Pacific region. The compliance services will be offered according to the laid-out regulatory norms related to the travel by the Financial Action …
  • Announcing DecentralHacks and The Road to Metamorphosis II
    CryptoNewsZ - 1 day ago
    Earlier this year, we conducted the first phase of our Metamorphosis journey. The Road to Metamorphosis: a virtual summit featuring in-depth discussions on cryptocurrencies and blockchain technology from world-renowned experts. What was originally planned as a physical event, eventually became an online experience due to constraints related to the COVID-19 outbreak. With a 5000+ member …
  • Ethereum (ETH) Vitalik on Satisfying the Sound Money Religion
    Cryptocurrency News – TCAT - 2 days ago
    Catch up on the latest crypto market news at The Currency Analytics. Vitalik Buterin is very keen in the process of supporting Ethereum ecosystem client diversity.  The community strongly believes in that… The post Ethereum (ETH) Vitalik on Satisfying the Sound Money Religion appeared first on Cryptocurrency News – TCAT.
  • Bitcoin Price Analysis: BTC/USD Prints A Bearish Pattern As Breakdown Back To $11,000 Beckons
    Coingape - 2 days ago
    Bitcoin bulls are working hard to overcome the resistance at $11,600 as well as the hurdle at the 100 SMA. BTC/USD is still in danger of a return to $11,000 in spite of the support at $10,500; the bearish picture becomes apparent. Bitcoin price could have already said goodbye to the critical level at $12,000.
  • Chainlink Technical Analysis: LINK/USD Blasts New All-Time Highs But This Rising Wedge Pattern Spells Doom
    Coingape - 2 days ago
    Chainlink has ascended to new all-time highs around $17.00 in the push for gains eyeing $20.00. LINK/USD is trading within a rising wedge pattern spells doom with a possibility for breakdown to $15.00. Chainlink is arguably the best performing cryptocurrency in the market this August. It is giving major assets such as Bitcoin, Ethereum and
  • Bitcoin [BTC] at the Cusp of a Mega Bull-Phase: Leading Analyst
    Coingape - 2 days ago
    Bitcoin [BTC] price has arrived at a major resistance level around $12000. Leading on-chain analyst, Willy Woo, points out that more than 93.5% of the Bitcoin accounts are below break-even price of the purchase cost. Could this be the end due to profit-booking or as Woo suggests, the beginning of a mega-bull phase?  How High
  • TRON (TRX) Justin Sun to Speak at the Indonesia Blockchain Week 2020
    Cryptocurrency News – TCAT - 2 days ago
    Catch up on the latest crypto market news at The Currency Analytics. Tron (TRX) Justin Sun is actively networking with leaders from across the blockchain space.  He well understands that blockchain and… The post TRON (TRX) Justin Sun to Speak at the Indonesia Blockchain Week 2020 appeared first on Cryptocurrency News – TCAT.
  • DashPay for Micropayments Becoming Popular in Dash Community
    Cryptocurrency News – TCAT - 2 days ago
    Catch up on the latest crypto market news at The Currency Analytics. Dash Nation have been reinstating on how it is easiest to send Dash with a message.  Dash Text has been… The post DashPay for Micropayments Becoming Popular in Dash Community appeared first on Cryptocurrency News – TCAT.
  • Will High Gas Fees on Ethereum [ETH] Put an End to DeFi Bull Run?
    Coingape - 2 days ago
    The GAS fees on Ethereum is surpassing 200 Gwei as DeFi yield farming boom continues. It is clearly reminiscent of 2017 ICO bubble phase. Although, the rising fees on the network is yet to reach previous highs. On-chain transaction fees on Ethereum continue to outpace Bitcoin. The difference between the total fees of Bitcoin from
  • Five (5) Use Cases of Blockchain Technology and Cryptocurrency You should not miss in 2020
    Cryptocurrency News – TCAT - 2 days ago
    Catch up on the latest crypto market news at The Currency Analytics. Blockchain Technology will continue to be relevant as the underlying innovation continues to prove useful in sectors beyond finance. This… The post Five (5) Use Cases of Blockchain Technology and Cryptocurrency You should not miss in 2020 appeared first on Cryptocurrency News – TCAT.
  • Bitcoin Cash (BCH) Whales are leaving the Network to Cash out Profits Community is Unshaken
    Cryptocurrency News – TCAT - 2 days ago
    Catch up on the latest crypto market news at The Currency Analytics. Bitcoin Cash can be deposited in the Litecoin Card and it can be converted for spends to enjoy the real… The post Bitcoin Cash (BCH) Whales are leaving the Network to Cash out Profits Community is Unshaken appeared first on Cryptocurrency News – TCAT.
  • Compound Price Analysis: COMP/USD In A bullish Phase Despite Rejection From $247 Monthly High
    Coingape - 3 days ago
    Compound price rose to highs close to $250 but retreated to confirm the 61.8% Fibo support. COMP/USD bullish scenario remains intact in spite of the drop from $247 as observed with the RSI. Compound roared to highs above $240 towards the end of the American session on Tuesday. The Asian session on Wednesday has been
  • Bitcoin Price Forecast: BTC/USD Back To The Drawing Board? Could Retest $11,000 Before Attacking $12,000 Again
    Coingape - 3 days ago
    Bitcoin freefalls following a failed attempt at containing gains above $12,000. BTC/USD drop towards $11,000 could encourage investors to buy the dip as they look forward to gains above $12,000. Bitcoin price for some time this week held the fight firm at $12,000. There was an instance on Monday when the largest cryptocurrency by market
  • Are Bitcoin And Gold Headed to The Worst Drop Ever? Covid19 Vaccine, Tax cut & More
    Coingape - 3 days ago
    Bitcoin [BTC] and gold are witnessing massive drops as Russia announces world’s first COVID-19 vaccine and president Donald trump is considering a tax cut on capital gains. Reportedly, President Putin’s daughter receives the first dose of Sputnik V. Price Analysis Gold And Bitcoin GOLD The gold chart is currently etching one of the worst percentage
  • Vladimir Putin Signs a New Law for Cryptocurrency in Russia
    CurrentCryptocurrencyNews - 3 days ago
      Starting January 1, 2021, Russia will start accepting cryptocurrency transactions to an extent. Denying the demand for a complete ban on cryptocurrency in the country, Vladimir Putin has signed a new law where the cryptocurrency is not illegal for the individuals. Some more sessions will follow this new legal status for cryptocurrency in Russia. […] The post Vladimir Putin Signs a New Law for Cryptocurrency in Russia appeared first on CurrentCryptocurrencyNews.