Day: January 7, 2019

Gab Turns to Square’s Cash App After Coinbase Allegedly Froze Its Account

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Controversial social media site Gab is reportedly now using the Cash App from United States-based payments firm Square to transact and receive Bitcoin (BTC) donations. The company’s official Twitter posted the announcement Jan. 6. Founded in 2016, Gab is a social network which presents itself as a haven for uncensored speech online. It has risen to notoriety due to a perception that it serves as an “echo chamber” for “extremist,” alt- or far-right views — many of whose proponents have allegedly been banned from networks such as Twitter and Facebook…

TRX up 18.5 Percent, Breakout Likely

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Tron Price is up 18.5 percent in the last week. EtherGoo migrates to Tron weeks after Tron Arcade launch Main resistance level and buy trigger is at 2.5 cents At spot prices, Tron (TRX) is up 18.5 percent in the last week and poised for more gains thanks to favorable fundamentals and technical candlestick formations. Any surge above 2.5 cents would trigger bulls aiming at 4 cents or higher. Tron Price Analysis It may appear so near, yet it is technically too far. TRX prices, despite the Tron Foundation partnering…

Blockchain evolution and the copycat problem

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How are copycat-only projects denying resources and users from projects with a proven history of creativity and disruption? In this article, Kee Jeffreys explains how looking ahead at a more mature blockchain market, only the true innovators will survive. Since the emergence of blockchain technology in 2008, opportunities for developers to build upon publicly available code in order to create new technological infrastructures and bring new products and services to market have grown exponentially. The blockchain sector’s ethos of open source development shared innovation, transparency, and accessibility is a far…

UK Crypto Exchange Coinfloor to Launch Trading of Physically Delivered Bitcoin Futures

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CoinfloorEX, a unit of the United Kingdom cryptocurrency exchange Coinfloor, has been reorganized to offer trading of physical Bitcoin futures on the Asian market. The CEO of the company has revealed this in an interview with Bloomberg on Monday, Jan. 7. The rebranded CoinFLEX — short for Coin Futures and Lending Exchange — is reportedly owned by a consortium that includes Roger Ver, an early Bitcoin (BTC) entrepreneur and the supporter of the most recent controversial Bitcoin Cash (BCH) hard fork. The consortium behind CoinFLEX also includes another early BTC…

Ripple Price Analysis: XRP a “Stable”, Range-bound

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Ripple Price is surprisingly ranging within a 6-cents zone. Bulls yet to break above the all-important resistance level at 40 cents Kuwait House Finance Adopts Ripple’s Technologies Bitrue avails four more trading pairs with XRP as base Although participants are raving about Ripple (XRP), prices are stable and confined within a 6 cents trade range. Unless otherwise there are sharp gains above 40 cents, we shall recommend taking a neutral stand. Ripple Price Analysis Interestingly, XRP—a coin which we all saw erupt from 25 cents a while back, is close…

Startup Says the Golden Era for Search Apps Is Over

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Finding your way around a new city, or even discovering exciting things to do in areas you know well, is hard. Meanwhile, local economies have been struggling to prosper — with small businesses increasingly reliant on online behemoths such as Facebook and Google where users face information overload. A new blockchain-based startup believes the golden era for apps is over and says the public wants a more personalized experience when they are finding things to do. Rather than depend on potentially biased platforms, which often fail to capture the full…

Tron (TRX) Edges out Bitcoin SV (BSV) from the Number 9 Spot According to Market Cap

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The second week of 2019 has found the digital asset of Tron (TRX) edging out Bitcoin SV (BSV) from the number 9 spot according to market capitalization as reported on Coinmarketcap.com. At the moment of writing this, TRX has a total market capitalization of $1,558,286,427 whereas BSV has a market cap of $1,552,070,232. Only $6.216  Million in market cap separate the two digital assets. A screenshot of the current situation between the two digital assets can be found below. Tron’s CEO, Justin Sun, had predicted the event via a tweet…

BTC Bulls Soar, Next Target $4,500

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Bitcoin price is trading above the psychological $4,000 mark. Prices are held within a $800 range with upper limits at $4,500 BitFinex and ETHFinex under maintenance DX Exchange rolls out, support Bitcoin Still, Bitcoin prices are consolidating within an $800 but likely to break above $4,500 triggering conservative traders into action. Because of the ongoing BitFinex maintenance, volatility could increase, and from candlestick arrangement, bulls will be the main benefactors. Bitcoin Price Analysis At spot prices, BTC is up 4.8 percent against the USD in the last day. Weekly gains…

Paris ‘Treasure Hunt’ Sees Bitcoin Prize Worth $1,000 Up For Grabs in Wall Mural

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A French graffiti artist has hidden $1000 in Bitcoin in his latest project, he confirmed in a blog post Jan. 6. Pascal Boyart, who last year embedded a Bitcoin (BTC) wallet QR code in his work to earn passive income, said he opted for the “treasure hunt” approach to celebrate the tenth anniversary of the Bitcoin genesis block Jan. 3. The Bitcoin is contained somewhere in the wall mural “La liberté guidant le peuple 2019,” itself based on Eugene Delacroix’s famous painting as a symbol of the French Revolution. The…

Hong Kong Entrepreneur Accused of Cheating Investors in Crypto Mining Investment Scheme

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A Hong Kong-based entrepreneur has been accused of duping numerous investors in a cryptocurrency mining hardware investment scheme. A local English-language newspaper South China Morning Post (SCMP) reported the news Jan. 6. The Democratic Party — currently the second-largest political party in the Legislative Council of Hong Kong — has reportedly received over 20 complaints since October 2018 in regard to the scheme, allegedly spearheaded by a 24-year old businessman named Wong Ching-kit. Four of those affected, who are reported to have suffered losses of between HK$20,000 and HK$1 million…