Month: March 2019

Cryptocurrency industry figures were celebrating a tech innovation of a different kind this week after the Bitcoin network transmitted what many are calling the first space meme. A Meme To ‘Go Down In History’ The latest first to come from Bitcoin development company Blockstream’s Satellite network, an unknown source sent the developer known as grubles an encrypted Pepe meme via the Lightning Network-powered setup. Pepe, which has endured online and even offline as a popular – albeit not always positive Read more …

La plataforma DRIFE presentada como solución al transporte centralizado Drife.one presenta la plataforma DRIFE, un ecosistema de transporte descentralizado, impulsado por blockchain. El equipo responsable la describe como “la intención de potenciar a los creadores de valor del ecosistema“. Obviamente en el emergente sector de los servicios privados de transporte, dichos creadores son: los conductores, viajeros/pasajeros y desarrolladores de la comunidad. DRIFE planea interrumpir el modelo de negocio existente y eliminar a los intermediarios corporativos involucrados en las transacciones. Las Read more …

The U.S. Federal Reserve could soon include a cryptocurrency market crash as one of the risks to take into account when conducting supervisory stress tests. The Fed’s board of governors on Thursday announced amendments to a policy statement on the scenario design framework for stress testing, saying that “the collapse of the bitcoin market” may be considered as one of the “salient” market risks. According to the document, the crypto amendment was recommended to the board by a commenter who proposed it should Read more …

As the New York Times reports, Facebook wants to have “Facebook Coin” where “Bitcoin failed.” According to the report, Facebook is already negotiating with a number of crypto currency exchanges to list its Facebook Coin, making it immediately tradeable with Bitcoin, Etherum and Co. It seems that Facebook is about to launch its own crypto currency in a timely manner. That’s at least a New York Times article that states that Facebook “hopes to be successful where Bitcoin has failed.” Read more …

Best Buy shares saw a massive upswing on Wednesday as the company announced its Q4 earnings report, well-above analysts’ expectations. Pumping its profits was its selection of wearables, smart home devices, and the unstoppable popularity of free game Fortnite driving demand for gaming consoles and accessories throughout the holidays. Best Buy Stock, Yahoo Finance Best Buy Knows How to Adapt and Survive With many analysts pointing to a crisis in retail in the U.S., large name brands have been folding Read more …

The Thai Securities and Exchange Commission (SEC) has announced a list of four approved cryptocurrencies for use as base trading pairs in the country. The regulator reportedly took into account factors such as sufficient market liquidity and a well-designed decentralized system. Also read: SEC Chair Explains Key Upgrades Needed for Bitcoin ETF Approval 4 Cryptocurrencies Approved The Thai SEC announced on Thursday that Thailand now has four approved cryptocurrencies that can be legally used for investing in initial coin offerings Read more …

The crypto token race is on between the world’s internet and messaging monopolies. Telegram already has a head start with a successful multi-million dollar ICO but Facebook will not be left behind and is highly likely to roll out its own cryptocurrency this year. Will ‘Face Coin’ be the Next Big Thing? There is very little chance that Facebook will be adopting or partnering with an existing crypto project. It has already expanded its own blockchain division when it acquired Read more …

Bitcoin trading volume on Square and Binance are a key metric for cryptocurrency investors who track the market’s movements. Unlike much of the cryptocurrency exchange industry, which suffers from inflated figures, investors trust Binance and Square’s numbers. That’s because Square’s on the hook with the SEC to keep his numbers straight, and Binance is just like that. It is the most trusted cryptocurrency exchange among digital asset investors despite the light financial regulations of Malta where it’s incorporated. What do Read more …

Zerononcense, a cryptocurrency blog run by editor James Edwards, claimed that it found the trails of the missing $90 million worth of crypto from the now-defunct exchange QuadrigaCX. The detailed report curated by Edwards discovered the transfer of 649,708 Ethereum from the wallets of QuadrigaCX to cryptocurrency exchanges including Poloniex, Bitfinex, and Kraken. Ethereum Wallet Connected to QuadrigaCX (Source: Zerononcense.com) Kraken CEO Jesse Powell has said in a statement that Kraken does not have any funds from the wallets of Read more …

One of the earliest employees of an enterprise blockchain startup has decided to go full crypto. Michael Haley quietly left his job as product manager at digital securities platform AlphaPoint in November to join the crypto custody provider Casa, CoinDesk has learned. A long-time bitcoiner who began attending community meetups and participating in online discussions in 2014, he said now is the perfect time “to get back into good old bitcoin.” Citing among other encouraging trends the blossoming of the lighting network Read more …

Crypto markets are still consolidating this Friday; No movement on the majors but Binance Coin is bullish. The lethargy continues on crypto markets as we end another week. Nothing has moved since Sunday’s big dump and total market cap has remained at $130 billion. The consolidation continues for another day. Bitcoin hit an intraday high of $3,900 but instantly bounced back off of it signaling major resistance there. BTC pulled back to $3,860 once again where it has been for Read more …

Bitcoin price spiked above the key $3,860 resistance level, but it failed to gain pace against the US Dollar. The price is trading in a range below the $3,860 and $3,900 resistance levels. There is a short-term ascending channel in place with support at $3,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could dip towards the $3,740 support level before a fresh rebound towards $3,860. Bitcoin price is stuck in tiny ranges below Read more …