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Cryptocurrency Surety Bonds Are Now Required in Four US States

cryptoglobe | 08-19-2018

Some states in the US are beginning to make surety bonds a requirement for businesses dealing in cryptocurrency trading. The purpose of these surety bonds is to protect investors and clients, to some extent, from the loss of funds.

Categories: Trading|Business
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Five Reasons to Be Excited About the Finney Smartphone (SIRIN LABS’ Ambitious Blockchain Phone)

cryptoglobe | 08-19-2018

This article talks about SIRIN LABS's upcoming $1000 blockchain smartphone, the Finney (named after computer scientist Hal Finney, the second-ever user of Bitcoin), and gives five reasons to be excited about this ambitious project.

Categories: Blockchain|BTC
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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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What’s on This Week in Crypto? Key Events, Hard Forks, ICOs and Airdrops

cryptoglobe | 08-19-2018

Want to get more involved in the crypto space? Here’s a small list of upcoming events for this week you can attend or monitor

Categories: ICO
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Crypto Mining Apps Are Still on Google's Play Store, Despite Recent Ban

cryptoglobe | 08-19-2018

Several cryptocurrency mining apps are still downloadable from Google's Play Store, even after their recent ban.

Categories: Mining
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Cinema-on-Demand Distributor to Reward Fans With Crypto for Promoting Content

cryptoglobe | 08-19-2018

Demand Films, an Australian cinema-on-demand service, is launching its own cryptocurrency called Streetcreds. The new crypto token will be used to reward users who promote Demand Films' movie trailers for upcoming theatrical screenings. The film distributor is also looking to pay royalties to film producers with Streetcreds tokens.

Categories: Mining|ICO
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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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Bitcoin Developer: Merchants Accepting Crypto Can Process Their Own Payments for Less Than $6 per Month

cryptoglobe | 08-19-2018

Bitcoin developer Nicolas Dorier has recently published a guide revealed that merchants accepting bitcoin can process their own payments through a bitcoin full node via a BTCPay Server, a move that can cost less than $6 a month.

Categories: BTC
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21-Year-Old Bitcoin Dealer Indicted on International Money Laundering Charges

cryptoglobe | 08-19-2018

On Friday (17 August 2018), the U.S. Attorney’s Office, Southern District of California, announced that a 21-year-old Bitcoin dealer was "ordered held without bail today in connection with a 31-count indictment charging him with operating an illegal money transmitting business, failing to maintain an anti-money laundering program, international money laundering and conspiracy to structure monetary transactions."

Categories: BTC|Business
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Crypto Market Drops Over 3% After Bitcoin Fails to Breach $6,600 Resistance

cryptoglobe | 08-19-2018

The cryptocurrency ecosystem recently lost over $7 billion, going from over $220 billion to about $213 billion at press time, after bitcoin failed to breach the $6,600 resistance it attempted to breach earlier this month, on August 15.

Categories: BTC|Market
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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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Best Quotes About Blockchain Technology and Cryptocurrencies (Volume 1)

cryptoglobe | 08-19-2018

This article is volume 1 of our compilation of some of the best quotes about blockchain technology and cryptocurrencies.

Categories: Blockchain|Technology
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California Federal Court Tells Hacker to Pay $750,000 Bail in Crypto

cryptoglobe | 08-19-2018

A 25-year-old accusedo f hacking into EA's computer system has recently been told to pay his $750,000 bail in "bitcoin or any cryptocurrency.

Categories: Other
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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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Adult Website Tube8 to Reward Users With Crypto for Watching Its Content

cryptoglobe | 08-18-2018

Adult entertainment website Tube8, owned Pornhub’s parent company MindGeek, recently moved to to start rewarding adult content viewers with cryptocurrency.

Categories: Mining
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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
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eToro Report: Litecoin Is Trading at A "Massive Discount"

cryptoglobe | 08-18-2018

Litecoin is currently trading at a "massive discount" compared to "what it should be worth", according to social trading platform eToro. The Litecoin network, which uses Scrypt instead of Bitcoin's SHA-256 hashing algorithm, is a "more scalable and smaller network" compared to that of the flagship cryptocurrency.

Categories: LTC|Trading|Mining
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Coinberry, BRD Partner to Bridge the “Gap Between the Fiat and Crypto World”

cryptoglobe | 08-18-2018

Coinberry, reportedly Canada’s first federally registered commission-free cryptocurrency trading platform, has recently partnered with BRD, formerly known as Bread Wallet, to introduce the latter’s 1.2 million users to commission-free crypto trading.

Categories: Trading|Fiat
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Bitcoin (BTC) Long-term Price Analysis

cryptoglobe | 08-18-2018

The cryptocurrency markets have been plagued by a bearish trend and Bitcoin wasn’t an exception. This week, Bitcoin’s price went down towards the accumulation territory of $5,800, against our projected value of $5,500.

Categories: BTC|Trading|Market
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Crypto Exchange Huobi Announces Five Partnerships To Further Its Expansion Efforts

cryptoglobe | 08-18-2018

Huobi Group, a leading digital asset exchange service, has partnered with five different companies to launch crypto exchanges in Indonesia, Taiwan, Canada, Philippines, and Russia. Huobi's new business arm, Huobi Cloud, will be used by the company's new partners to build and deploy the digital asset exchanges. Despite the declining prices of cryptocurrencies, major exchange companies such as Huobi, Binance, and Coinbase have been quite aggressive in their expansion efforts.

Categories: Exchange|Market|Asia|Business
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Bitcoin on Pace to Clear More Than Double the Transaction Volume of Gold in 2018

cryptoglobe | 08-18-2018

Bitcoin, the flagship cryptocurrency, has been clearing a larger amount of transactions than global gold markets for well over a year, a trend that doesn’t appear to be slowing down, despite the crypto ecosystem’s bearish trend.

Categories: BTC|Fiat|Market|Trading
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Cryptocurrency Trading Revenue Could Double Despite Market Slump, Analysts Say

cryptoglobe | 08-18-2018

Revenue generated from cryptocurrency trading fees is expected to double this year, despite the cryptocurrency market’s bearish trend, according to analysts from New York-based global asset management firm Sanford C. Bernstein.

Categories: Trading|Business|Market
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Litecoin (LTC) Price Analysis – August 17

cryptoglobe | 08-17-2018

Yesterday, Litecoin was in a range bound movement. Its price was essentially horizontal, as it had been range bound between the levels of $60 and $50 after the market went oversold

Categories: LTC|Market|Trading
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59% of Businesses in the UK Suffered Cryptojacking Attacks at Some Point, Survey Shows

cryptoglobe | 08-17-2018

According to research commissioned by Citrix and executed by OnePoll, 59% percent of large enterprises in the United Kingdom have been targeted with cryptojacking attacks.

Categories: Other
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EOS Price Analysis – August 17

cryptoglobe | 08-17-2018

EOS returned to the range in its medium-term outlook. The bulls managed to take it to $4.80 in the supply area before the bears came. Its price was down to $4.40 in the demand area after a doji formation.

Categories: Trading|Market
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Coinbase Files Patent To Make Direct Bitcoin Payments More Secure For Customers

cryptoglobe | 08-17-2018

Coinbase recently filed a patent application for protecting a secure method of payment that will allow users to pay with Bitcoin (BTC) directly from their wallets. Coinbase's payment portal will protect users' passphrases and private keys during transactions by using various encryption techniques.

Categories: BTC
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XRP Price Analysis – August 17

cryptoglobe | 08-17-2018

XRP is in a bullish trend and the price has broken the resistance level at $0.30. This means it’s out of the range-bound zone. The $0.30 level is now a support and if it holds, a long position should be entered.

Categories: Trading|XRP|Market
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Ripple (XRP) Will "Definitely Target" China With Its Tech, Company's EU Executive Says

cryptoglobe | 08-17-2018

Ripple Labs Inc. is reportedly looking to target the Chinese markets, as its EU executive Jeremy Light recently stated that "China is definitely of interest, it is definitely a target." At present, Ripple only has 1 client in China, however, there seems to be a lot of potential for new financial technology in the country, considering that Ant Financial's Alipay and Tencent's WeChat payment apps are widely used by China's residents.

Categories: XRP|Asia|Technology|Market
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Ethereum (ETH) Price Analysis – August 17

cryptoglobe | 08-17-2018

ETH is ranging in the medium-term outlook. Strong bullish pressure continued to move the cryptocurrency up, to $299.01 in the supply area

Categories: ETH|Trading|Market
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Report: Only 40 Out Of 100 Top Cryptocurrencies Have "Working Products"

cryptoglobe | 08-17-2018

Only 40 out of the top 100 cryptocurrencies have "working products" or legitimate use cases, according to Invest in Blockchain's research report. Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Monero (XMR), Zcash (ZEC), and various other crypto projects ranked high on Invest in Blockchain's list for having working products and fairly high adoption rates. EOS and TRON (TRX) were visibly absent from the crypto analysis website's list.

Categories: BTC|ETH|XMR|ZEC|XRP
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John McAfee Is Still Standing By His $1 Million Bitcoin Price Prediction

cryptoglobe | 08-17-2018

John McAfee is still sticking to his $1 million Bitcoin (BTC) price prediction by 2020, according to Newsweek. McAfee has also predicted that "bitcoin will continue to grow and the U.S. dollar and other fiat currencies will devalue." Other fintech experts stated that bitcoin's price could increase significantly to around $80,000 by 2021. Meanwhile, major financial organizations such as Goldman Sachs and the Dutch central bank have said cryptos are not real money and may "not retain value."

Categories: BTC|Trading|Fiat
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Nvidia Stock Drops 6% as Cryptocurrency Miner-Related GPU Demand Dries Up

cryptoglobe | 08-17-2018

Nvidia, the largest graphics processing units (GPUs) manufacturer in the world, recently saw its stock price drop over 6% after releasing its estimates for the third quarter of this year. The company revealed crypto-related sales fell in Q2, and it won’t project them for the rest of the year.

Categories: Business|Trading
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Bitcoin Shorts Are up 78% Since the Beginning of August, Bitfinex Data Shows

cryptoglobe | 08-17-2018

Interest in bets against bitcoin, the flagship cryptocurrency, has nearly doubled since the beginning of this month, according to data from a leading cryptocurrency exchange, Bitfinex.

Categories: Exchange|BTC
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Genesis Mining Offers Users Discounted BTC Contract Upgrades to Avoid Termination

cryptoglobe | 08-17-2018

Genesis Mining, the world’s largest cryptocurrency cloud mining provider, has recently revealed its bitcoin mining contracts are no longer profitable because of the bearish trend most cryptocurrencies have been enduring. As an alternative, it’s offering users a contract upgrade at a discount.

Categories: Mining|BTC|ICO|Trading
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Cryptocurrency Derivatives Exchange ‘Crypto Facilities’ Launches Bitcoin Cash (BCH) Futures Contract

cryptoglobe | 08-17-2018

On Friday (17 August 2018), cryptocurrency derivatives exchange Crypto Facilities announced that it is launching a Bitcoin Cash (BCH) futures contract.

Categories: BTC|Exchange
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Crypto Roundup - 17 August 2018

cryptoglobe | 08-17-2018

Nine coins from the top 10 coins by 24-hour volume posted positive changes, ranging from 1.6% to 33.2%. Binance partners with LCX to offer a fiat-to-crypto exchange in blockchain-friendly Liechtenstein. Crypto wallet and DApp explorer Toshi rebrands to Coinbase wallet.

Categories: Exchange
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Binance Partners With LCX to Offer a Fiat-to-Crypto Exchange in Blockchain-Friendly Liechtenstein

cryptoglobe | 08-17-2018

On Thursday (16 August 2018), Binance announced that it was going to launch a fiat-to-crypto exchange in blockchain-friendly Liechtenstein, the sixth-smallest country in the world, and (according to IMF and World Bank) the second-richest (on a GDP per capita basis).

Categories: Exchange|Fiat
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CEO of Prediction Market Platform Gnosis: ‘Ethereum Is Blooming and We Are Doubling Down on It’

cryptoglobe | 08-16-2018

On Thursday (16 August 2018), the co-founder and CEO of prediction market platform Gnosis, Martin Köppelmann, said that his company was a firm believer in Ethereum (the blockchain that powers Gnosis) and that they were going to do their best to make it "flourish" by implementing a "web3/Ethereum first strategy."

Categories: Market|ETH|Blockchain
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Bitcoin ETFs Are a “Terrible Idea,” Says Bitcoin Activist Andreas Antonopoulos

cryptoglobe | 08-16-2018

Bitcoin activist and entrepreneur Andreas Antonopoulos has recently revealed he’s against a Bitcoin Exchange-Traded fund (ETF), as the financial instrument will let large players manipulate the cryptocurrency’s price, and will see a class of “second-tier” investors grow.

Categories: BTC|Trading|Business
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Litecoin (LTC) Price Analysis – August 16

cryptoglobe | 08-16-2018

On the 4-hour chart, the LTC price is range-bound. In a ranging market, it is sensible to trade the support and resistance levels. That is, we trade only when the price gets to that level. For now, we suspend trading because the price is yet to get to the key levels.

Categories: Trading|LTC|Market
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XRP Price Analysis – August 16

cryptoglobe | 08-16-2018

On the 4-hour chart, the XRP price is range bound. At the resistance level, a short trade can be taken, then a stop loss above the resistance level. Lastly, you can exit your short trade near the support zone. At the support level, if the price doesn't break the level, a long trade should be taken and a stop loss below the level.

Categories: Trading|XRP|Market
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An Ethereum History Lesson And Its Ongoing Development, Recounted By Co-Founder Vitalik Buterin

cryptoglobe | 08-16-2018

Ethereum co-founder Vitalik Buterin recently explained how many of the ideas that led to development of the smart contract platform came about. Buterin went into great detail as to how and why many decisions were taken by Ethereum's developers, in order to further the development of the platform. His extensive explanation came through 75 different tweets, which many users complained were very difficult to understand.

Categories: ETH
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Ripple Names Its First Three Preferred ‘Gold Standard’ Crypto Exchanges

cryptoglobe | 08-16-2018

On Thursday (16 August 2018), Ripple gave its "gold standard" seal of approval to three cryptocurrency exchanges around the world (one in the U.S., one in Mexico, and the other in the Philippines).

Categories: XRP
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Crypto Wallet and DApp Explorer Toshi Rebrands to Coinbase Wallet

cryptoglobe | 08-16-2018

Ethereum (ETH) wallet and decentralized application (DApp) explorer Toshi is rebranding to Coinbase Wallet in a move the company claims isn’t “just a new name, but part of a larger effort to invest in products that will define the future of the decentralized web.”

Categories: ETH
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Bitcoin Could Go As Low as $800, Says CNBC’s Jim Cramer

cryptoglobe | 08-16-2018

On Tuesday, Bitcoin’s price dropped and approached the $6000 mark for the umpteenth time this year.In a discussion on CNBC’s “Squawk on the Street” show, Jim Cramer of CNBC shared some of his bearish sentiments, interpreting the recent drop in the price of the cryptocurrency as a turning of the tides against it.

Categories: Trading|BTC
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Bitcoin (BTC) Price Analysis – August 16

cryptoglobe | 08-16-2018

On the 4-hour chart, the Bitcoin price is in a bullish trend. On the chart, the BTC price was resisted according to a number of price labels as shown. The price of Bitcoin is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing.

Categories: Trading|BTC|Market
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Blockchain Investment Fund Pantera Capital Raises $71 Million for Crypto Venture Fund

cryptoglobe | 08-16-2018

Blockchain investment firm Pantera Capital is reportedly looking to raise a total of $175 million from a cryptocurrency investment venture called Venture Fund III. The fund has already raised over $71 million from 90 investors.

Categories: ICO|Blockchain|Business