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Litecoin Leads Crypto Market, Leaves All Major Coins Behind
11.6.2019
Among the top ten coins by market capitalization, litecoin (LTC) is the undisputed leader this week.
The 4th largest coin by market capitalization is up by almost 10% in the past 24 hours (10:54 UTC) and is one of the two top 10 coins that kept their weekly gains - LTC increased by more than...
Alleged India's Ban on Crypto May End Up With a Fine Instead of Jail
11.6.2019
The Indian draft bill “Banning of Cryptocurrency and Regulation of Official Digital Currency,” which aims to introduce up to 10 years jail term for cryptocurrency owners, may be softened, according to a new report by local media.
A “mild punishment” might be included in the draft bill for...
Bitcoin and Altcoins Showing Signs of Rebound
11.6.2019
In the past few days, we saw a strong decline in bitcoin and altcoins. BTC/USD settled below the key USD 8,000 support area and accelerated towards the USD 7,500 support area. The bulls managed to protect additional losses below USD 7,500. As a result, the market started a rebound and climbed above...
Liquid Exchange Opens Pre-sale for Telegram’s New Cryptocurrency
11.6.2019
Telegram’s new cryptocurrency, the Gram, will go on pre-sale through Japanese exchange platform Liquid by Quoine on July 10, ahead of a full-scale launch slated for October 31.
However, there are several twists in the tale already, as residents of Japan, the United States and dozens of other...
Justin Sun Admits His Lunch With Buffett is Not Sponsored by Crypto
11.6.2019
Justin Sun. Source: a video screenshot, Youtube/Tron Foundation
Justin Sun, founder of Tron (TRX), won the Warren Buffett charity lunch auction using money of BitTorrent, which "has nothing to do with cryptocurrency."
"We paid from the BitTorrent [income], which is our company based in...
Ethereum Classic to Accelerate 'Greater Collaboration' with Ethereum
10.6.2019
The employment of the Atlantis hard fork, a major upgrade to the Ethereum Classic(ETC) blockchain, is being accelerated. The testing of the upgrade for the blockchain network is now scheduled in less than two weeks instead of early August, while mainnet activation may follow six weeks later.
After...
Crypto Market Sentiment: Deeper into Neutral Zone
10.6.2019
After witnessing a rise in the crypto market sentiment measure, SentScore from 5.36 to 5.66 a week earlier, we find it at 5.03 this Monday, landing in the middle of the neutral zone, according to Omenics , a crypto market sentiment analysis service.
Once again, there are no coins in the negative...
Crypto Listing & Delisting Announcements: Week 23
10.6.2019
Below is our weekly collection of digital asset listing and delisting announcements by cryptocurrency exchanges that we found last week.
Have we missed something? Do you have information about new listings and/or delistings? Let us know...
Binance Just Tested a New Way to Pump a Coin
10.6.2019
Source: iStock/Andrey-Kobylko
Major cryptocurrency exchange Binance just added a new way to pump the price of a coin to its arsenal. Now, coins skyrocket not only after the usual listing announcements, initial exchange offerings or moving on the Binance blockchain. The news that the first coin...
Existing Cryptos Could Gain Most from Facebook Coin - Caitlin Long
10.6.2019
Caitlin Long. Source: A video screenshot, Youtube/ReasonTV
Bitcoin and blockchain advocate, 22-year Wall Street veteran Caitlin Long has made a series of revealing predictions about the future of Facebook’s forthcoming digital token – stating she believes existing cryptocurrencies stand to benefit...
Bitcoin and Altcoins Extended Losses
10.6.2019
This past week, there were mostly bearish moves in bitcoin and altcoins. BTC/USD failed to hold the key USD 8,200 and USD 8,000 support levels. Bears gained control below USD 8,000 and pushed the price towards the USD 7,500 support area. The price is currently (08:20 UTC) consolidating losses...
G20 Finance Chiefs Endorse 'Draconian' Crypto Trading Measures
10.6.2019
Tarō Asō, the Finance Minister of Japan, and Haruhiko Kuroda, the Governor of the Bank of Japan, at the meeting in Fukoka. Finance ministers and central bank chiefs from the Group of 20 (G20) major economies asked international organizations to monitor risks and consider work on additional...
Should You Trade on a DEX or a Centralized Exchange?
9.6.2019
Decentralized exchanges have been growing in popularity in the past two years as it has become evident that even the most reputable centralized exchanges cannot offer the level of security that crypto traders seek. However, despite providing superior fund security than their centralized...
FinalMessage - Last Resort Security For Your Crypto
9.6.2019
What would happen to your cryptocurrency holdings if something bad happened to you? No one is protected against death, memory loss, or any other terrible accident, so Bitcoin entrepreneurs Matt Odell and Murtaza Ali have launched an elaborate "dead-mans" protection switch called...
Are Paid Crypto Groups Worth Your Money?
8.6.2019
In the eternal struggle to predict the crypto market, ‘paid groups’ have risen in popularity.
While such groups assume various forms, they essentially involve paying one or more crypto analysts for access to a channel – usually on social media – in which the payer receives trading tuition, buy...
Buffett at Justin's: 20 Crypto Jokes
8.6.2019
With the acquisition rumors going around comment-less, the cryptoverse reached a wider audience thanks to Justin Sun’s lunch with Warren Buffet – a news which inspired a number of memes. Truthfully, there isn’t a boring hour in the cryptoverse.
So what happened this cryptoweek? A lot! Many were...
New Draft Bill Wants to Imprison for Holding Crypto in India - Report
7.6.2019
India is not showing any signs of loosening its limitations on digital tokens. This time, anybody who mines, holds, or sells cryptocurrencies might be punished with a jail term IF the new proposal is accepted, according to local media reports. Furthermore, India also might be planning to launch...
McKinsey Finds Three Blockchain Use Cases in Retail Banking
7.6.2019
While it’s understandable to be wary of new and untested territories, “there are a number of areas where [blockchain] could create value for retail banks,” according to major consulting firm McKinsey and Company.
In the June 2019 article they claim that while retail banks have been quick to adopt...
A Japanese-Brazilian Investor's Baffling Ukrainian Crypto Dream
7.6.2019
Kaze Fuziyama (on the right). Kaze Fuziyama, a Brazilian cryptocurrency enthusiast of Japanese descent, has turned what was once planned as a USD 100 million Ethereum mining farm fitted with 17,000 video cards into a cloud video rendering center.
Media outlet Liga reports that the farm is located...
Poloniex Faces Backlash and Possible Lawsuits After the CLAM Failure
7.6.2019
The U.S.-based cryptocurrency exchange Poloniex faces a backlash from the community that is unsatisfied with their risk management, and they might even face lawsuits in the U.S.
As the exchange, owned by major crypto company Circle, explains in yesterday’s blog post, altcoin CLAM went through...