Day: December 5, 2018

Chatter Report: Pompliano Praises Bitcoin Performance, Antonopoulos Says Death Spiral ‘Unlikely’

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News In today’s Chatter Report, we explore the different ways crypto influencers have been responding to the low prices of 2018. Some are unfazed like Anthony Pompliano, who still believes that bitcoin is the best performing asset. Others are reassuring like Andreas Antonopoulos, who has been busy addressing concerns about bitcoin being in a death spiral. The rest are pensive like James McAvity, who has been theorizing about which miners are holding their coins rather than selling them. Also Read: Paxful Completes Second School in Rwanda #BuiltWithBitcoin Bitcoin is the ‘Best Performing…

Trive Ventures’ Blockchain Accelerator Backed by Enterprise Singapore

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Trive Ventures’ Blockchain Accelerator Backed by Enterprise Singapore December 5, 2018 by Akshay Makadiya Singaporean venture capital firm Trive Ventures has launched a blockchain accelerator dubbed the Tribe Accelerator that’s being backed by an arm of Singapore’s Ministry of Trade. Can the development initiative help the city-state further carve out its place on the map of global blockchain hubs? Also read: Indian State to Launch Blockchain-Based IP Marketplace in Bengaluru Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts Accelerator to Boost City-State’s Blockchain Prospects The Tribe Accelerator…

Trive Ventures’ Blockchain Accelerator Backed by Enterprise Singapore

boss

Trive Ventures’ Blockchain Accelerator Backed by Enterprise Singapore December 5, 2018 by Akshay Makadiya Singaporean venture capital firm Trive Ventures has launched a blockchain accelerator dubbed the Tribe Accelerator that’s being backed by an arm of Singapore’s Ministry of Trade. Can the development initiative help the city-state further carve out its place on the map of global blockchain hubs? Also read: Indian State to Launch Blockchain-Based IP Marketplace in Bengaluru Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts Accelerator to Boost City-State’s Blockchain Prospects The Tribe Accelerator…

Bitmain, ConsenSys, Fidelity and More Put $27.5M in the New Crypto Trading Platform

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Photo: ErisX Despite numerous slumps that the crypto market has seen this year, many believe in cryptos and see digital coins as the future of finance. That’s why new services for investors emerge and new platforms to provide these services are created. One of such platforms is ErisX, a new crypto exchange that aims at enhancing the digital asset space for institutional and retail traders alike. Starting with Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH) and Litecoin (LTC), the ErisX solution provides trading, deposits, and withdrawals on a stable capital markets technology infrastructure. On…

Bitcoin Price Watch: BTC/USD Remains In Downtrend Below $4,020

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Key Points Bitcoin price failed to break the $4,080 resistance level and declined recently against the US Dollar. Yesterday’s highlighted two key bearish trend lines are active with resistance near $4,000 and $4,090 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price remains in a major downtrend and it could extend losses below $3,800 in the near term. Bitcoin price is still in a bearish zone below $4,020 against the US Dollar. BTC/USD could accelerate losses once there is a break below the $3,740 support.…

Binance Releases New Video Demo of its Decentralized Crypto Exchange

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Binance, the world’s largest cryptocurrency exchange by adjusted trading volume, has released a new video demo of its decentralized exchange, dubbed Binance DEX, ahead of its launch in early 2019. Released Wednesday, the video demonstrates the trading interface of Binance DEX, along with a web crypto wallet and the explorer for Binance’s native public blockchain, Binance Chain, which the firm says will be made available on a testnet soon. Based on the video, Binance DEX will have a very similar interface to its existing centralized exchange, with some additional features.…

Nasdaq VP Confirms Bitcoin Futures in H1 2019, Analysts Call it a Game Changer

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Nasdaq Vice President Joseph Christinat has confirmed that the exchange will launch Bitcoin Futures in the first half of 2019, pending regulatory approval from the CFTC. Traditional banking institutions have been increasingly open to including the emerging asset class. Nasdaq Bitcoin Futures Legitimizes Cryptocurrency Market, Says Market Analyst Nasdaq has been preparing the launch of Bitcoin Futures for most of 2018 after years of studying the asset class. Vice President Joseph Christinat has confirmed the impending listing to Express. “Bitcoin Futures will be listed and it should launch in the first…

Despite the decline in prices, Bitcoin miners have a reason to smile

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On Monday the Bitcoin mining difficulty experienced its second-biggest drop in its history after a -15.3 percent decrease. At a time when the prices of cryptocurrencies especially that of Bitcoin have been in free fall, this revelation comes as welcome news for all Bitcoin miners who have seen their profits dwindle amid coin devaluations. Bitcoin mining difficulty adjusts after every two weeks The top crypto coin was designed to adapt its hashing difficulty after every two weeks automatically. A system that helps the network maintain the regular 10-minute block time.…

Ripple Price Analysis: XRP/USD Buyers Facing Crucial Resistance

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Key Highlights Ripple price declined and revisited the $0.3380 support area against the US dollar. Yesterday’s highlighted important bearish trend line is in place with resistance at $0.3500 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair must stay above the $0.3380 and $0.3360 support levels to bounce back in the near term. Ripple price is under pressure against the US Dollar and Bitcoin. XRP/USD needs to surpass $0.3500 and $0.3540 to gain bullish momentum. Ripple Price Analysis During the past few sessions, there were…

Cardano Price Analysis: ADA/USD Could Extend Declines Below $0.038

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Key Highlights ADA price failed to stay above the $0.0380 support and declined recently against the US Dollar (tethered). There was a break below a major bullish trend line with support at $0.0398 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair could continue to move down and it is likely to revisit the $0.0350 support level. Cardano price failed to gain momentum against the US Dollar and Bitcoin. ADA/USD declined below $0.0380 and it could continue to move down towards $0.0350. Cardano Price Analysis…