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SHA-256 Mining Hashrate Climbs Significantly in One Year

bitcoin.com | 08-19-2018

Over the last year, SHA-256 mining, the process that’s used to find blocks on both the Bitcoin Cash (BCH) and Bitcoin Core (BTC) networks, alongside a slew of other cryptocurrencies, has grown exponentially. Digital asset trading markets have been in a slump over the last eight months of 2018, but the bearish sentiment has not […]The post SHA-256 Mining Hashrate Climbs Significantly in One Year appeared first on Bitcoin News.

Categories: Mining|BTC|Trading|Market
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Valuation of Crypto Market Slightly Declines But Bitcoin Price Shows Stability

ccn | 08-19-2018

In the past 24 hours, the valuation of the crypto market has dropped slightly by $2 billion, from $215 billion to $213 billion, as the Bitcoin price and Ethereum price demonstrated stability. Most major cryptocurrencies including Bitcoin Cash, Ripple, EOS, and Ethereum recorded decent gains in the range of 1 to 5 percent. Tokens includingThe post Valuation of Crypto Market Slightly Declines But Bitcoin Price Shows Stability appeared first on CCN

Categories: BTC|Trading|Market|ETH|XRP
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UAE’s Adab Solutions Launches First Islamic Crypto Exchange

livebitcoinnews | 08-19-2018

Adab Solutions has launched the First Islamic Crypto Exchange (FICE) and will be launching an Initial Coin Offering (ICO) in September 2018. The exchange is going to run on the standards set by the Shariah Advisory Board and is expected to revolutionize the perception with which the whole Islamic world views the cryptocurrency market. Announced...The post UAE’s Adab Solutions Launches First Islamic Crypto Exchange appeared first on Live Bitcoin News.

Categories: Exchange|ICO|BTC|Market
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Tradingview, Monarch Token Partner to Support Professional NASCAR Racers

cryptoglobe | 08-19-2018

Representatives from Rick Ware Racing (RWR), a US-based professional stock car racing team, recently announced that Monarch Token, a crypto-to-fiat payment solutions provider, has partnered with social trading network TradingView.

Categories: ICO|Trading|Business
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EOS Long-term Price Analysis

cryptoglobe | 08-19-2018

Unlike most other cryptocurrencies, EOS didn’t plummet against the US dollar this week, but instead moved in a ranging outlook. Noticeably, on Aug. 17, the cryptocurrency saw a strong spike in its price that helped it touch the 14-day SMA’s trendline.

Categories: Trading|Market|Fiat
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IP Asset Trading Platform INKubator Launches with Epic 10,000,000 INK Tokens Giveaway

ccn | 08-19-2018

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentionedThe post IP Asset Trading Platform INKubator Launches with Epic 10,000,000 INK Tokens Giveaway appeared first on CCN

Categories: ICO|Trading|Sponsored
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Ethereum (ETH) Long-term Price Analysis

cryptoglobe | 08-19-2018

Ethereum has been experiencing depreciation against the US dollar this week. The cryptocurrency kept declining until Aug. 15, at which point it started correcting upwards

Categories: ETH|Market|Trading|Fiat
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Two of South Korea’s Biggest Institutions in New Blockchain Partnership

financemagnates | 08-19-2018

Shinhan Bank and Korea Telecom Corporation will be developing the 'Future Internet'.

Categories: Blockchain|Asia|Fiat
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South African Tax Authority Going After Crypto Traders

bitcoin.com | 08-19-2018

The South African Revenue Service is working to improve the tracking of cryptocurrency traders and their transactions in order to verify if they are paying taxes. According to its Commissioner, the agency is exploring ways to better identify those that are profiting from trading digital assets and check if they are evading taxation. Also read: […]The post South African Tax Authority Going After Crypto Traders appeared first on Bitcoin News.

Categories: Regulation|BTC|Trading|Business
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Ripple Adds 3 New Crypto Exchange Partners to xRapid

livebitcoinnews | 08-19-2018

Ripple announces that it has signed partnerships with 3 cryptocurrency exchanges: Bittrex, Coins.ph, and Bitso. The partnership focuses on the use of Ripple’s product, xRapid, that allows conversion of XRP tokens into fiat currencies and makes cross-border transactions seamless and quick. According to Ripple’s press release, published August 16th, the company signed a partnership with...The post Ripple Adds 3 New Crypto Exchange Partners to xRapid appeared first on Live Bitcoin News.

Categories: XRP|Exchange|BTC|ICO|Fiat
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Sports Token ICO Issuer MobileGo Threatens Critics With Legal Action

ccn | 08-19-2018

MobileGo, which bills itself on its website as a dedicated token to bring eSports to everyone, has warned it will consider legal action against people making unreasonable demands against the company. The situation came to light on Twitter Friday, Aug. 17, when one tweeter commented that an ICO issuer is threatening to sue investors andThe post Sports Token ICO Issuer MobileGo Threatens Critics With Legal Action appeared first on CCN

Categories: ICO|Regulation|Business
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9 Major Cryptocurrency Exchanges to Get You in the Game

themerkle | 08-19-2018

With over 1,800 cryptocurrencies and a ton of exchanges, it can be hard to know which one to use, as exchanges vary in how their customers can trade. Some, like Coinbase and Gemini, allow you to get your feet wet in the industry and start out with fiat currencies. Other exchanges only trade crypto-to-crypto. This […]

Categories: Fiat|Sponsored
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Prolific Bitcoin Dealer ‘Blew a Giant Hole’ Through US Legal Framework

bitcoin.com | 08-19-2018

A Mexico-based “prolific bitcoin dealer” has been indicted and held without bond in the US on a number of international money laundering charges. He used Bitfinex for his exchange needs after Coinbase closed his account. His “activities ‘blew a giant hole’ through the legal framework of U.S. anti-money laundering laws,” the Department of Justice wrote. […]The post Prolific Bitcoin Dealer ‘Blew a Giant Hole’ Through US Legal Framework appeared first on Bitcoin News.

Categories: BTC|Regulation|Exchange|Asia
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Venezuela’s Currency Devalued By 96% as Maduro Announces New Crypto-Pegged Forex Rate

bitcoinist | 08-19-2018

On Friday, Venezuelan President Nicolas Maduro announced a new single exchange rate for the bolivar that’s pegged to the Petro virtual currency. Under the new guidelines, one Petro would equal $60 dollars, which means the nation’s currency is essentially devalued by 96 percent.  Amid immense political and economic turmoil in the South American nation, Venezuelan President Nicolas Maduro recently proclaimed a variety of economic overhauls during a speech broadcast on state television. The socialist leaderRead MoreThe post Venezuela’s Currency Devalued By 96% as Maduro Announces New Crypto-Pegged Forex Rate appeared first on Bitcoinist.com.

Categories: Regulation|Exchange|Commodity
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Wall Street Demand For Crypto Rises as Exchange Activity Thrives in Bear Market

newsbtc | 08-19-2018

The interest of Wall Street firms towards opportunities in crypto custody and asset management has continued to increase despite the 80 percent correction the market experienced in 2018. Sanford C. Bernstein & Co. analysts refuted recent reports about the struggle of cryptocurrency exchanges and stated that digital asset trading platforms have been recording solid volumes,...The post Wall Street Demand For Crypto Rises as Exchange Activity Thrives in Bear Market appeared first on NewsBTC.

Categories: Market|Trading|Exchange|BTC
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Crypto Hedge Fund Partner: 90% of Binance’s Employees Choose to Get Paid in Is BNB Token

cryptoglobe | 08-19-2018

TechCrunch founder and XRP-denominated cryptoasset hedge fund partner Michael Arrington has recently revealed that 90% of the employees at leading cryptocurrency exchange Binance get paid in the company’s native Binance Coin (BNB) token.

Categories: Exchange|ICO
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Crypto Trading 101: An Introduction to Support and Resistance

coindesk | 08-19-2018

Support and resistance levels help identify areas of supply and demand, and are an important aspect of price charts for traders to understand.

Categories: Trading|Market
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As No-Deal Brexit Looms, UK Blockchain Startups Are Weighing Options

coindesk | 08-19-2018

The U.K. is on the cusp of leaving the E.U., sparking concern for blockchain startups working within a government-run regulatory sandbox.

Categories: Regulation|Blockchain|Sponsored
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The Weekly: McAfee’s Doomed Wallet, Altcoin Panic, Binance Launches Fiat-to-Crypto

bitcoin.com | 08-19-2018

In this week’s daily editions of Bitcoin in Brief we reported on McAfee’s “Doomed” wallet, a panic in the altcoin markets, Binance’s new fiat-to-crypto platform in Liechtenstein and much more. The most commented-on article during the week covered a situation in the UK, where banks are targeting cryptocurrency owners – having their assets frozen and accounts […]The post The Weekly: McAfee’s Doomed Wallet, Altcoin Panic, Binance Launches Fiat-to-Crypto appeared first on Bitcoin News.

Categories: Altcoin|Exchange|BTC|Market
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Firm Behind First Blockchain ETFs Launches $100 Million Crypto Hedge Fund

financemagnates | 08-19-2018

Reality Shares of California has attracted around $100 million worth of new business since launching its exchange-traded funds.

Categories: Blockchain|BTC|Regulation|Business
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Market Watch August 19

cryptopotato | 08-19-2018

Bitcoin and Ethereum Bitcoin continues to hold a position within the range of $6,000 – $6,500. At the time of writing, the world’s largest cryptocurrency trades at $6,361, losing 1.90% in the last 24 hours trading period, a little drop caused by the volatile crypto markets. Ethereum, on the other hand, still battles at $296, […]The post Market Watch August 19 appeared first on CryptoPotato.

Categories: Market|BTC|ETH|Trading
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Bitcoin Price Analysis: Welcome to ‘Bitcoin Purgatory’

bitcoinist | 08-19-2018

Bitcoin seemed on the verge of a breakout above $6,650 but a failed third attempt, followed by a lack of buying interest has given bears an opportunity to snatch back control and it looks like BTC has dropped a shelf for a bit of sideways trading in the $6,200 – $6,400 range. Bitcoin Price Market Overview Earlier this week on CNBC Fast Money, host Melissa Lee described the narrow channel between $6k and $7k asRead MoreThe post Bitcoin Price Analysis: Welcome to ‘Bitcoin Purgatory’ appeared first on Bitcoinist.com.

Categories: BTC|Trading|Market
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Crypto Week In Review: The Market Remains Tumultuous Even Amid Bullish News

newsbtc | 08-19-2018

While investors entered this past week expecting for the crypto market to fall further, it has become apparent that the market has temporarily staved off a move lower. Whether this recovery was a result of positive fundamentals or just a “dead cat bounce” remains to be seen. Nonetheless, this week has had its fair share...The post Crypto Week In Review: The Market Remains Tumultuous Even Amid Bullish News appeared first on NewsBTC.

Categories: Market|Trading|BTC|ETH|ETC
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Bitcoin Price Weekly Analysis: BTC/USD Failed Again Near $6,600, Now What?

newsbtc | 08-19-2018

Key Points Bitcoin price rebounded and moved above the $6,400 level, but it failed near $6,600 against the US Dollar. There was a break below a major bullish trend line with support at $6,460 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair remains in a broad range between $6,000...The post Bitcoin Price Weekly Analysis: BTC/USD Failed Again Near $6,600, Now What? appeared first on NewsBTC.

Categories: Trading|BTC|Market|Fiat
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Ethereum Price Weekly Analysis: ETH/USD’s Upsides Capped Near $320

newsbtc | 08-19-2018

Key Highlights ETH price corrected higher recently and traded above $310 and $315 against the US Dollar. There is a key connecting bearish trend line in place with current resistance at $311 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair has to break the $311 and the $320 resistance levels for...The post Ethereum Price Weekly Analysis: ETH/USD’s Upsides Capped Near $320 appeared first on NewsBTC.

Categories: Trading|ETH|Market|Fiat
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Pantera Working to Raise $175 Million for New Blockchain Venture Fund

livebitcoinnews | 08-19-2018

Crypto-focused investment firm, Pantera Capital, has stated that it is hoping to raise $175 million for its next venture, and are reportedly more than half-way there already. Being at the forefront of cryptocurrency advancement is expensive work, just ask Paul Veradittakit, firm partner at Pantera Capital. According to Tech Crunch, one of the industry’s biggest investment...The post Pantera Working to Raise $175 Million for New Blockchain Venture Fund appeared first on Live Bitcoin News.

Categories: ICO|Blockchain|BTC|XRP|Regulation
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Crypto Market Loses $9 Billion in Hours as Tokens Drop 10% on Average

ccn | 08-19-2018

In merely three hours, the crypto market has lost more than $9 billion of its valuation, as the price of tokens and small market cap cryptocurrencies dropped substantially. Tokens Plunge 10% Off of 2% Decline of Bitcoin After demonstrating a relatively strong corrective rally, the crypto market saw a decline in the value of tokens,The post Crypto Market Loses $9 Billion in Hours as Tokens Drop 10% on Average appeared first on CCN

Categories: Market|ICO|Trading|BTC
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Korea Roundup: Mongolian Government Visits Bithumb, New BTM, Hardware Wallet

bitcoin.com | 08-19-2018

In South Korea, Bithumb was visited by officials of the Mongolian government. Upbit is offering free training leading up to its developer conference. A public company has unveiled a hardware wallet as it enters the crypto space. Meanwhile, hacked crypto exchange Coinrail has launched an international service for non-Korean customers, and a US bitcoin ATM […]The post Korea Roundup: Mongolian Government Visits Bithumb, New BTM, Hardware Wallet appeared first on Bitcoin News.

Categories: BTC|Asia|Exchange|ICO
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Bitcoin Cash Price Weekly Analysis: BCH/USD Holding Key Support at $540

newsbtc | 08-19-2018

Key Points Bitcoin cash price recovered and moved above the $520 and $540 resistance levels against the US Dollar. There is a major contracting triangle forming with support near $545 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair has to stay above the $545 and $540 support levels to...The post Bitcoin Cash Price Weekly Analysis: BCH/USD Holding Key Support at $540 appeared first on NewsBTC.

Categories: Trading|BTC|Market|Blockchain|Fiat
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Venezuelans to Be Paid at Least Half a Petro a Month

bitcoin.com | 08-19-2018

Announcing a 60-fold increase of the minimum monthly salary, President Maduro promised Venezuelans they will be paid at least 0.5 petro, once his monetary reforms are in place next week. The national crypto will be exchanged at a rate of $60 USD and the new “sovereign bolivar” will be pegged to the digital coin.    […]The post Venezuelans to Be Paid at Least Half a Petro a Month appeared first on Bitcoin News.

Categories: Regulation|BTC|Fiat|Commodity
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Venezuela: Inflation Tops 100,000 Percent, Bitcoin Costs 60M Bolivars

bitcoinist | 08-19-2018

Venezuela’s currency the Bolivar Fuerte jumped to 9.2 million per dollar and almost 60 million per bitcoin August 18, just two days before a major redenomination cuts five zeros off its value. Redenomination Looms As reported by cryptocurrency commentators including Purse.io support head Eduardo Gomez, the bolivar traded unofficially at around 6.7 million VEF per 1 USD August 17, before suddenly depreciating rapidly to 9.2 million. “Yesterday 1 bitcoin was worth 44 billion bolivars, nowRead MoreThe post Venezuela: Inflation Tops 100,000 Percent, Bitcoin Costs 60M Bolivars appeared first on Bitcoinist.com.

Categories: BTC|Fiat
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Markets Update: Crypto Prices Consolidate After Failing to Surpass Resistance

bitcoin.com | 08-19-2018

Cryptocurrency prices have seen some recovery after our last markets update four days ago when a large majority of digital assets lost quite a bit of value. Since then, and more so over the last 48 hours, the entire crypto-economy capitalization ($216B) has gained roughly $20B. The action yesterday was more bullish as most of […]The post Markets Update: Crypto Prices Consolidate After Failing to Surpass Resistance appeared first on Bitcoin News.

Categories: Market|BTC|Trading|ETH|XRP
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ETN vs. ETF: Which Is the Investor’s Dream?

cointelegraph | 08-18-2018

The fact that an ETN from Stockholm is now targeting the U.S. market may sound like a win, but it's a far cry from the big ETF prize

Categories: Market|Regulation|Altcoin
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Bitcoin Cash Futures, Venture Funds, and Lawsuits: This Week in Crypto

ccn | 08-18-2018

Make sure you check out our previous edition here, now let’s go over what happened in crypto this week. Also, make sure you subscribe for this weeks edition of The CCN Podcast on iTunes, TuneIn, Stitcher, Google Play Music, Spotify, Soundcloud, Youtube or wherever you get your podcasts. Price Watch: Bitcoin is up 0.82% toThe post Bitcoin Cash Futures, Venture Funds, and Lawsuits: This Week in Crypto appeared first on CCN

Categories: BTC|Trading
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Decentralized Crypto Exchange AirSwap Launches OTC Market to ‘Unlock New World of Liquidity’

ccn | 08-18-2018

Decentralized exchange AirSwap is launching the framework for over-the-counter (OTC) trading product for mainnet rollout. In an update posted on its website, AirSwap said the new product would be available “exclusively to a private beta group.” Founded in 2017, AirSwap became known for offering frictionless peer-to-peer trades for ERC20 tokens to a group of primarilyThe post Decentralized Crypto Exchange AirSwap Launches OTC Market to ‘Unlock New World of Liquidity’ appeared first on CCN

Categories: Exchange|Market|ICO|Trading
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Blogger Who Wrote “Why Bitcoin Is Stupid” Gets Bank Account Frozen in Ironic Twist

cryptoglobe | 08-18-2018

Peter Adeney, a blogger who writes under the pseudonym Mr. Money Mustache, recently say Capital One freeze his bank account. Adeney has notably written a popular article that advised his readers to stay away from Bitcoin, the flagship cryptocurrency

Categories: BTC|Fiat
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Cryptocurrency Miners Ignore the Bitcoin Price Fall, Focus on Expansion Instead

bitcoinist | 08-18-2018

The recent decline in cryptocurrency prices has cast a shadow on several aspects of the digital currencies space. However, one area where this bearish outlook has not extended to is cryptocurrency mining.  The Hash Factor is an Indicator According to a report from Bloomberg, bitcoin mining has remained profitable for some miners who have improved their investments and efficiencies in the space — even against the continued bitcoin price drops. One of the indicators ofRead MoreThe post Cryptocurrency Miners Ignore the Bitcoin Price Fall, Focus on Expansion Instead appeared first on Bitcoinist.com.

Categories: BTC|Trading|Mining|Market
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Testing the Newly Transformed Non-Custodial Coinbase Wallet

bitcoin.com | 08-18-2018

A while back, the San Francisco-based exchange Coinbase announced the launch of an ethereum-based wallet called Toshi. The application was a private and secure messaging platform tethered to a non-custodial ETH wallet. Now Coinbase has decided to revamp the application and Toshi will become the ‘Coinbase Wallet’ which will not only offer ETH and it’s […]The post Testing the Newly Transformed Non-Custodial Coinbase Wallet appeared first on Bitcoin News.

Categories: ETH|BTC|LTC|Exchange|ICO
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90% of Employees at Major Crypto Exchange Binance Receive Salary in BNB

ccn | 08-18-2018

At the Liechtenstein Cryptoassets Exchange (LCX), Binance CEO Changpeng Zhao told TechCrunch founder Michael Arrington that 90 percent of the exchange’s employees receive their salaries in BNB. “Just one of the interesting things @cz_binance told me this week at LCX event: 90% of binance employees choose to receive their salary in BNB tokens. Smart people,”The post 90% of Employees at Major Crypto Exchange Binance Receive Salary in BNB appeared first on CCN

Categories: Exchange|ICO
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Cobinhood Founders Raise $20 Million for Blockchain That Processes 1 Million Transactions Per Second

ccn | 08-18-2018

The founders of cryptocurrency exchange Cobinhood are commissioning the development of a new blockchain capable of processing 1 million transactions per second, a massive undertaking given that Bitcoin transaction can take hours to complete and Ethereum transactions range from 1-5 minutes, with even Visa’s ~2000 tx/s being dwarfed in comparison. The company behind the projectThe post Cobinhood Founders Raise $20 Million for Blockchain That Processes 1 Million Transactions Per Second appeared first on CCN

Categories: Blockchain|ICO|BTC|ETH|Exchange
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Bitcoin Price Watch: Some Strange Coincidences Between the Currency and Overstock

themerkle | 08-18-2018

At press time, bitcoin has fallen back a bit and is now trading for just over $6,300. This is about $200 less than where it stood yesterday. Some strange occurrences are happening in the bitcoin space. For example, one source notices that there’s a strong correlation between bitcoin and Overstock. Rather, Overstock’s stock (mini tongue […]

Categories: BTC|Trading|Regulation|Business
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XINFINITY- A One-Stop Digital Transaction Wallet

themerkle | 08-18-2018

Owing to the remarkable features such as convenience, easy tracking of spending, lower risks, etc., people have been increasingly adopting the concept of digital trading.  To tap into this growing trend, XINFINITY has introduced its digital wallet that will revolutionized digital currency transactions for the better. Cryptocurrency wallets store public as well as private keys […]

Categories: ETC|Trading|Sponsored
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According to BIG, White-Collar Crime Could Double by 2028

themerkle | 08-18-2018

When the banks failed in 2008, our financial systems shifted. A decade on, one of our most nagging financial predicaments centers on virtual currencies and their (lack of) regulation. 2018 is showing promising steps forward in lawmaking for countries like Switzerland, Germany, Malta, and even the US. So, why does Vancouver-based intelligence firm BIG believe that […]

Categories: Regulation
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Why Is the Ethereum Price Tanking? Here Are 4 Possible Reasons

themerkle | 08-18-2018

Crypto markets are down across the board, and that’s nothing new. But what’s behind Ethereum losing 44 percent of its value in just two weeks? From August 1 to August 14, crypto’s number two went from $470 to $260. That’s its lowest level since November 2017. It was trading at around $285 at the time […]

Categories: ETH|Trading|Market|Sponsored
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She(256) Mentorship Program Aims to Help More Women Gain a Cryptocurrency Career

bitcoin.com | 08-18-2018

She(256) is a clever name for a novel scheme. The female-focused mentorship program is designed to support women entering the cryptocurrency space. In doing so, the program will enable students to benefit from the guidance of a crypto OG – a seasoned professional whose business and technical experience should prove invaluable. The She(256) initiative has […]The post She(256) Mentorship Program Aims to Help More Women Gain a Cryptocurrency Career appeared first on Bitcoin News.

Categories: BTC|Blockchain|Trading|Business
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Bitcoin ATM Robbed by Masked Burglar

livebitcoinnews | 08-18-2018

Police in Lincoln, Nebraska, are looking for the masked burglar who robbed a Bitcoin ATM early in the morning. Crime and cryptocurrency have definitely mixed over the last year. The massive bull run in Bitcoin in late 2017 led many criminals to take notice of the massive amounts of money associated with cryptocurrency. Most physical...The post Bitcoin ATM Robbed by Masked Burglar appeared first on Live Bitcoin News.

Categories: BTC|Trading
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Bitcoin Is a “Much, Much Better” Store of Value Than Gold, Says Crypto Market Analyst

cryptoglobe | 08-18-2018

Lou Kerner, co-founder and partner at CryptoOracle.io, a New York-based venture capital firm focused on investing in crypto-related startups, recently stated that Bitcoin is “functionally much better” as a store of value than gold.

Categories: BTC|Fiat|Market
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Litecoin (LTC) Long-term Price Analysis

cryptoglobe | 08-18-2018

LTC has been trading beneath the two SMAs, but it touched the 14-day SMA. The 50-day SMA is located above the 14-day SMA. This means bearish sentiment isn’t gone.

Categories: LTC|Trading|Market
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XRP Long-term Price Analysis

cryptoglobe | 08-18-2018

Ripple’s XRP suffered a considerable loss in its market trading sessions between Aug 12, 13 and 14 respectively. The cryptocurrency managed to change its downward path on Aug. 15, to test $0.30.

Categories: XRP|Market|Trading