Month: October 2019

Advertisment Dash’s inroads highlight the widening acceptance of cryptocurrencies for fiat across the globe. By Ceecee Wong It is no exaggeration to say that digital transformation has touched almost every industry. In the world of finance, the most revolutionary idea has been that of blockchain-based, peer-to-peer digital currencies that require no central authority for monitoring supply and authenticity. Instead, transactions are verified by network nodes through cryptography and recorded in a public distributed ledger (blockchain). While Bitcoin is undeniably the Read more …

In a recent rate review meeting of the Bank of Japan (BoJ), bank governor Haruhiko Kuroda and others on the nine-member board urged leaving all options on the table, where further cuts to the country’s negative interest rate are concerned. The talk of further stimulus reflects an ever-growing trend in the world economy to slash rates and artificially pump new money into markets. For some economists the trend is alarming, given the downturns that have historically followed such measures. Also Read more …

Advertisment Vaultoro, the first gold exchange to enable bitcoin trading pairs, is working to add a new Lightning-based token called VGold. This new digital asset is built on the RGB protocol and is expected to launch by the end of 2019. According to Vaultoro’s communications and media officer, Gabriel Escalona, the company has opted in favor of Bitcoin’s second layer (as opposed to other popular token-issuing protocols) because Lightning is “super-fast, instantly transferable without confirmation times, and with near-zero costs.” Read more …

Advertisment 1st October, 2019, Singapore, Singapore – Fast growing digital assets trading platform BiKi.com has appointed the former general manager of DigiFinex, Dennis Hui, as BiKi’s new Business Development Director. When queried what prompted his move over to BiKi.com, Dennis Hui answered: “BiKi piqued my interest as it grew so fast, so quickly. The name BiKi kept cropping up in my network circles. I believe crypto is the future and I want to spend my energy and time to better Read more …

Bitcoin price started a strong recovery above the $8,000 and $8,200 resistance against the US Dollar. The price is up more than 5%, but it is facing a strong resistance near the $8,500 level. Yesterday’s highlighted major bearish trend line was breached with resistance near $8,080 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price could dip a few points before it makes another attempt to climb above $8,500 and $8,600. Bitcoin price is showing Read more …

Advertisment There are plenty of crypto airdrop opportunities this month, so we compiled a list of some of the best airdrops that you should look out for in October. Maker Classic Crypto Airdrop End date: 9 October Estimated value: $125 Maker Classic (MKRC) is the native token of Maker, which is based on the ERC20 protocol of Ethereum. It was designed to allow faster international payments and frictionless peer-to-peer transactions. MKRC will also be used for fee payment in the Read more …

Ethereum (ETH) smart contract FairWin, recently accused of being the fastest-growing Ponzi scheme on Ethereum, was emptied. According to Etherscan’s data, at press time FairWin’s balance is exactly zero ETH. Yet, the smart contract held over 49,518 ETH just a few days ago on Sept. 26. FairWin’s value also topped at over $10 million on Sept. 21. The fastest-growing Ponzi scheme on Ethereum It is unclear whether the contract was drained by its owner, some malicious actors or concerned users, Read more …

The Securities and Exchange Commission has come to a settlement agreement with blockchain company Block.one over the yearlong token sale for EOS. It was the largest token sale of the year raising over $4 billion so naturally attracted the attention of regulators. Block.One Settled $24 Million The SEC charged the blockchain firm for conducting an unregistered initial coin offering of digital tokens between June 26, 2017, and June 1, 2018. Block.one neither confirmed nor denied the allegations but has agreed Read more …

The total crypto market cap is holding the key $200.0B support area, with corrective signs. Bitcoin price is currently correcting higher and it recently broke the $8,400 resistance. Litecoin (LTC) price is up more than 6% and it broke the $55.00 resistance area. Bitcoin cash price gained nearly 7% and it managed to break the $230 resistance. EOS price surged more than 10% and it climbed above the $2.850 and $3.000 resistances Stellar (XLM) price is back above the $0.0600 Read more …

Ripple price climbed higher recently above the $0.2450 and $0.2500 resistances against the US dollar. The price is currently trading near the $0.2620 resistance area and is consolidating gains. There was a break above a major bearish trend line with resistance near $0.2415 on the hourly chart of the XRP/USD pair (data source from Kraken). The price might correct a few points, but it is likely to test the main $0.2650 resistance in the near term. Ripple price is showing Read more …

Today has been a generally good day for most of the altcoins with decent gains all round following a week from hell. One of the top performers at the moment is EOS which has surged almost 15 percent on the news that Block.one has settled with the SEC. Big Pump For EOS Most of 2019 has been pretty miserable for altcoins, EOS included. A mid-year spurt had the crypto community chattering about altseason but all gains have been unceremoniously dumped Read more …

ETH price started an upside correction above the $172 and $175 resistances against the US Dollar. The price even broke the $180 level and it is currently testing the key $185 resistance area. There was a break above a declining channel with resistance near $171 on the hourly chart of ETH/USD (data feed via Kraken). The price could struggle to clear the $185 resistance area in the near term. Ethereum price is currently rebounding versus the US Dollar, similar to Read more …