Day: November 6, 2018

eToro Launches Bespoke Cryptocurrency Wallet for Bitcoin and Three Altcoins

boss

U.K. cryptocurrency and fiat trading platform eToro announced the release of its own cryptocurrency wallet today, Nov. 6, with initial support for four cryptoassets. EToro, which last month became the first platform to offer fiat trading of cryptocurrency exchange Binance’s in-house token Binance Coin (BNB), promises to add additional functionality to the product following the initial release. “The eToro wallet today is just the beginning and we will adding a whole host of additional functionality which will include supporting additional crypto and fiat tokens, crypto to crypto conversion, the ability…

Blockchain.com Wallet Adds Stellar, Announces $125 Mln XLM Airdrop to ‘Drive Adoption’

boss

Cryptocurrency wallet provider Blockchain.com has launched full support for altcoin Stellar (XLM), accompanied by a hefty airdrop of $125 million worth of XLM to its user base. The news was announced in an official blog post today, Nov. 6. Blockchain.com pitched the mammoth offering as “the largest airdrop in the history of crypto and likely the largest consumer giveaway ever,” suggesting that airdrops are “a great way to drive decentralization and adoption for new networks.” The firm underscores that the benefit of crypto airdrops for consumers are that they are…

New BancorX Service Looks to Connect EOS and Ethereum

boss

New BancorX Service Looks to Connect EOS and Ethereum November 6, 2018 by Ian Edwards Bancor is connecting Ethereum and EOS, the two largest smart contract platforms, with a new cross-chain liquidity network. Called BancorX, the new service looks to facilitate the creation of the untested “token economy”. Also read: Next Up, BTC: Bitcoin Auction Latest for U.S. Marshals Service Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts More Than a Hundred Ethereum and EOS Tokens Supported The new open-source service, called BancorX, allows users to…

Crypto Seas Are Calm With Record Low Bitcoin Futures Volatility

boss

Bitcoin (BTC) futures trading on the U.S. Chicago Board Options Exchange (CBOE) hit record low volatility levels in October, in stark contrast to the rocky global equity markets, MarketWatch reported Nov. 5. As Kevin Davitt, senior instructor for The Options Institute at Cboe Global Markets has outlined in a video Nov. 1, the average weekly volatility for the week ending Oct. 26 was just 3 percent for XBT-CBOE Bitcoin futures, the lowest ever level since they launched for trading Dec. 10, 2017. As of Nov. 1, the average weekly XBT…

Company to Create a Coin Backed by Swiss Franc

boss

A Swiss company, Alprockz AG, has developed the cryptocurrency ROCKZ, and says it is the first coin paired to one of the most stable fiat currencies in the world —  the Swiss Franc (CHF). According to the company, it has already partnered with Geneva Swiss Bank – GSbanque. The team calls the product “the most reliable and predictable crypto cash”, and claims they created the “world’s most bulletproof cryptocurrency.” The new coin can be used for money transfers, storing assets and for online payment methods like PayPal. CHF as a…

Blockchain used to empower African smallholder farmers to enter the global food market

boss

ADVERTISEMENTS Block Commodities, a leading Agri-Tech company in Africa, is building Farmer 3.0, a new agricultural ecosystem based on three main pillars: empowering smallholder farmers, creating a tokenised system, and developing smart agriculture. Block Commodities is bringing African farming to a whole new level. Based on disruptive technologies such as blockchain, AI, smartphones, cryptocurrencies and data sharing, the company is building an ecosystem to enhance agricultural activity and production using a blockchain-powered platform that is integrated with machine learning, predictive behavioral analytics and data-driven marketing. The pilot project started in Uganda in September, when 1,000 smallholder…

The Number of Bitcoin Short Positions Hits 3-Month Low

boss

The bearish sentiment around bitcoin sank to three-month lows earlier today as short positions placed on crypto exchange Bitfinex fell to their lowest level since August 5th. At approximately 11:00 UTC, the number of short positions dropped to 21,434, which represents a 33 percent drop in the past eight days alone. During the same time, longs – or positions that are betting on an increase in bitcoin’s price – also witnessed a notable increase of 10 percent, the current number of which (24,410) marks a three-week high. Indeed, the sentiment here seems…

Apple Removes Crypto Podcast Reportedly Ranked #4 in ‘Investing’ From US iTunes Store

boss

The podcast hosted by Morgan Creek Digital partner and crypto analyst Anthony “Pomp” Pompliano, “Off the Chain,” has apparently been removed from the U.S. iTunes store Nov. 5. The podcast reportedly soared to 4th place for podcasts in the “investing” category in the U.S iTunes store, before it was “mysteriously” taken down, according to a tweet from Pompliano Nov. 5. Pomplian’s tweet in full claims that: “Last week we released a podcast discussing the ultimate argument for Bitcoin. It exploded & ranked #4 in US investing category before mysteriously being…

Andrew Fleming, Former Dow Jones Executive, Joins BTC Inc as Head of Media

boss

BTC Inc, the parent company of Bitcoin Magazine, is excited to announce the hiring of Andrew Fleming to be the new head of its media division. The addition of Fleming to BTC Inc’s management roster is the latest example of an emerging trend of big-name talent leaving institutions in order to join the crypto and blockchain industry. Before coming to BTC Inc, Fleming was the Head of Content Platforms at Dow Jones, parent company of the Wall Street Journal, MarketWatch, Barron’s and many other leading publications. Prior to Dow Jones,…

Mining Pool of China’s Oldest Bitcoin Exchange BTCC to See ‘Indefinite’ Closure

boss

BTCC Pool, the mining operation of Hong Kong-based cryptocurrency exchange BTCC, will close “indefinitely” at the end of this month, a statement from the firm confirmed Nov. 6. BTCC Pool, which began mining activities in 2014, is shutting down due to unknown “business adjustments,” the company wrote, without giving details about the circumstances that led to the decision. Today’s statement reads: “Today, we regret to announce that due to business adjustments, the BTCC pool will shut down all mining servers on November 15 and will cease operations indefinitely from November…