Month: March 2019

Later this month the decentralised media-sharing platform company ‘Snapparazzi’ will be releasing the first version of its application. The main focus of Snapparazzi appears to be its quest to be different from the existing mega-platforms and the aspiration to become a completely decentralised system. With an online global community reaching tens of thousands of supporters, Snapparazzi is regularly emphasising, in its social media campaigns, the importance of ‘fair rewards’ for users of the platform (Creators, Viewers and Moderators). 60% ad Read more …

John C. Malone, the single largest owner of land in the United States, sustained a devastating portfolio hit portfolio Thursday.  Qurate’s exercise in cliff-jumping saw shares drop more than 20 percent. As the largest shareholder of Qurate Retail (NASDAQ:QRTEB), Malone had the most on the line when the company announced paltry fourth-quarter earnings. The company’s fourth quarter earnings were positive, but they didn’t satisfy the analyst’s community’s EPS consensus. Qurate shares sunk 20.5 percent on the day, dragging the company’s Read more …

The total crypto market cap is facing a lot of hurdles near the $126.0B and $128.0B resistances. EOS price is currently consolidating above the $3.50 support and preparing for the next move. Binance Coin (BNB) gained more than 10% and broke the $10.80 resistance area. Bitcoin cash price is struggling below the $135 resistance level. Tron (TRX) price broke the key $0.0240 support level to move further into a bearish zone. The crypto market recovered nicely, but bitcoin (BTC) and Read more …

The San Francisco crypto exchange Kraken has announced the company is offering a $100,000 reward in exchange for a solid lead toward finding the missing Quadrigacx coins. Kraken has explained the company wants to bring more “awareness and attention” to the case and hopefully locate some of the lost funds. Also read: P2P Exchange Hodl Hodl Announces New Prediction Market $100,000 Reward for the Best Lead to Discovery On Jan. 26, 2019, the Canadian cryptocurrency exchange Quadrigacx lost a significant Read more …

Ripple price found a strong support near the $0.3000 and $0.3020 levels against the US dollar. Yesterday’s highlighted key declining channel was breached with resistance near the $0.3110 level on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently trading inside a short term triangle with resistance at $0.3155. XRP could make the next move and climb above the $0.3180 and $0.3200 resistance levels. Ripple price is showing a few positive signs against the Read more …

With February’s crypto market activity now etched in the record books, signs are emerging that a long crypto winter may be close to an end. The total market value of all cryptocurrencies jumped 14.14 percent over the 28-day period – the first monthly gain since July, according to CoinMarketCap, largely due to signs of life in bitcoin. The leading cryptocurrency by market capitalization, BTC appreciated by 12.1 percent to end February by breaking its record six-month losing streak. But while BTC lifted the Read more …

Alex Jones made his triumphant return to the Joe Rogan Experience podcast recently, where he discussed Bitcoin, cryptocurrency, and his arch-nemesis, George Soros, among other things. Jones suggested that Soros had reached out to him via intermediaries in an attempt to cool the Infowars founder’s constant attacks on him. Part of the deal, according to Jones, meant agreeing to advertise, or in Jones’ words, ‘pump’ Bitcoin. ALEX JONES OFFERED MILLIONS TO PUMP BITCOIN PRICE On episode #1255 of the Joe Read more …

There was something unusual about Bitcoin block 74638. It was Core developer Jeff Garzik who first spotted it, commenting on the “quite strange” transaction outputs, which stood at 92233720368.54 BTC apiece. That wasn’t meant to happen. Within an hour, another forum user had started a thread titled “overflow bug serious” in which he implored “We need a fix asap.” It was Aug. 15, 2010, and Bitcoin had just encountered its biggest bug yet. Also read: Bitcoin History Part 9: Mt. Read more …

New York-based commercial bank Signature Bank will begin offering financial services to fintech firms in the island nation of Bermuda, local news daily the Royal Gazette reports on Feb. 28. According to the Royal Gazette, banks in Bermuda have mostly avoided dealing with the fintech industry, which is in need of financial services. Bermudian Premier David Burt said: “Signature Bank’s willingness to consider Bermuda-licensed businesses for banking services is a significant vote of confidence in and endorsement of Bermuda’s efforts Read more …

Ever since the mysterious Satoshi Nakamoto released Bitcoin into the wild, the world has been speculating over the first-ever crypto and its long term validity and value. While the current bear trend and over 84% decline in Bitcoin has crushed much of the enthusiasm the market saw during the 2017 parabolic advance and media blitz, crypto investors still believe that in the long term, Bitcoin price will reach over $100,000 to as much as “millions” of dollars. Poll Results: Bitcoin Read more …

Lawmakers in the United States state of California have introduced a bill to allow cannabis-related business to pay fees and taxes in stablecoins. The bill was introduced by the California State Assembly on Feb. 21. Assembly Bill 953 would allow the state, city and county tax offices in California to accept stablecoins — cryptocurrency pegged to a physical asset or a fiat currency — from cannabis-related companies seeking to pay their excise or cultivation taxes, with effect from Jan. 1, Read more …

Shortly after falling from its test of the low $4,000s, bitcoin managed to find support in the mid $3,500s. This has proven to be a relevant level over the last few months, and finding support here would be a sign of relatively strong demand: Figure 1: BTC-USD, Daily Candles, Local Support The high candle spread rejection following our test of the low $4,000s was an indication that we had strong levels of supply left in the market, but for the Read more …