Day: February 13, 2019

World’s 5th Largest Bank Aims to Debut Blockchain Payment Network in 2020

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Japan’s Mitsubishi UFJ Financial Group (MUFG) has officially announced it will launch a new blockchain-based payment system, according to a press release published on Feb. 12. The world’s fifth-largest bank is working on the project in partnership with United States content delivery network Akamai, with the aim to launch in H1 2020. Dubbed the “Global Open Network,” the platform aims to utilize MUFG’s payment industry reach to cement its standing in the increasingly competitive blockchain payments market. MUFG and Akamai had first announced a partnership in May of last year,…

Bitcoin Price Watch: BTC Could Accelerate Gains Above $3,650

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Bitcoin price is holding the key support near the $3,580 zone against the US Dollar. Yesterday’s contracting triangle is in place with resistance near $3,610 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is likely preparing for the next bullish break above $3,610, $3,620 and $3,650. Bitcoin price is setting up for the next crucial break against the US Dollar. BTC could gain bullish momentum if it clears the $3,620 and $3,650 resistance levels in the near term. Bitcoin Price Analysis Recently, we saw…

Crypto Market Eyes New Highs: Bitcoin Cash, EOS, XLM, TRX Analysis

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The total crypto market cap is showing positive signs above the $117.0B support level. Bitcoin cash price is gaining momentum and it could break the $125 and $128 resistances. EOS price rallied more than 5% and it looks set to break the $3.00 hurdle. Stellar (XLM) is slowly correcting higher towards the $0.0800 and $0.0820 resistances. Tron (TRX) is slightly under pressure below the $0.0255 support level. The crypto market could accelerate higher in the near term. Bitcoin (BTC), BCH, Ethereum, EOS, ripple, stellar (XLM), tron (TRX) and other major…

Ripple Price Analysis: XRP Sighting Bullish Break In Near Term

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Ripple price is currently showing a few positive signs above the $0.2980 support against the US dollar. Yesterday’s highlighted key declining channel is intact with resistance near $0.3035 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to break the $0.3040 and $0.3060 resistance levels for a fresh upward move. Ripple price is slowly recovering against the US Dollar and Bitcoin. XRP/USD could gain bullish momentum once it breaks the $0.3040 and $0.3060 resistance levels. Ripple Price Analysis In the past few days,…

Ethereum Price Analysis: ETH Remains In Strong Uptrend

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ETH price is slowly moving higher and it remains well supported near $119 against the US Dollar. There is a major bullish trend line formed with support at $119 on the hourly chart of ETH/USD (data feed via Kraken). The pair could dip a few points, but it is likely to find buyers near $119, $118 or $117 in the short term. Ethereum price is placed nicely in a bullish trend against the US Dollar and bitcoin. ETH/USD may continue to move higher towards $125 and $128 in the coming…

FortuneJack Introduces Bitcoin Sportsbook Betting – BTCMANAGER

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In pursuit of providing a wholesome gaming experience to its users, online cryptocurrency casino FortuneJack recently launched a new product – sportsbook with bitcoin betting option. This latest addition includes a wide array of sports including soccer, basketball, volleyball, tennis, and many other interesting sporting events. Wide Selection of Events and Positions As opposed to other online casinos, FortuneJack offers a wide variety of sports, including all the popular choices as well as those that are less popular but fun to watch and somewhat easy to predict. MMA events, cycling,…

Coinbase Wallet Users Can Back Up Encrypted Keys on Google Drive and iCloud

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Users of Coinbase Wallet can now back up their private keys on Google Drive or iCloud, according to an official announcement on Feb. 12. In the statement, Coinbase states that allowing users to upload their keys to a cloud provides a safeguard against lost keys, will will help them avoid losing funds should the keys be misplaced. The announcement notes: “The private keys generated and stored on your mobile device are the only way to access your funds on the blockchain. Owners of ‘user-controlled wallets’ like Coinbase Wallet sometimes lose…

QuadrigaCX Accidentally Transferred $500K in BTC to Cold Wallets It Cannot Access

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Major Canadian crypto exchange QuadrigaCX accidentally transferred nearly $500,000 in Bitcoin (BTC) to its cold wallets earlier this month, according to a report published by Ernst & Young on Feb. 12. The founder of QuadrigaCX, 30-year-old Gerald Cotten, died in December 2018. The exchange has been unable to access its cold wallets since, as Cotten was solely responsible for the wallets and corresponding keys. The vast majority of Quadriga’s assets were reportedly lost in the missing cold wallets. In the beginning of February, it was reported that Quadriga is missing…

BotCompare is a new ranking platform for trading bots

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The analytical rating platform BotCompare will be launched on the basis of internal development and 2+ years expertise of trading on crypto exchanges. The main goal of the platform is to provide high-quality analytics for crypto traders, as well as to create a single knowledge base on trading and cryptocurrency exchanges. The launch of the platform is scheduled for the Q1 2019. At the moment the analytical department of BotCompare is engaged in evaluating the effectiveness and convenience of using popular services that provide automated trading on crypto exchanges. The…

QuadrigaCX Accidentally Sent Nearly $400,000 to Dead CEO’s Bitcoin Wallet

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On February 12, Ernst and Young (EY), the monitor of the QuadrigaCX case, released its first report with the Supreme Court of Nova Scotia. In it, EY stated that the exchange “inadvertently” moved $370,800 in Bitcoin to a cold wallet controlled by CEO Gerald Cotten, who passed away. The report of the monitor read: “On February 6, 2019, Quadriga inadvertently transferred 103 bitcoins valued at approximately CAD $468,675 to Quadriga cold wallets which the Company is currently unable to access.” “The Monitor is working with Management to retrieve this cryptocurrency…