Day: February 27, 2019

Bitcoin, Ethereum, Ripple, EOS, Litecoin, Bitcoin Cash, Stellar, TRON, Binance Coin, Bitcoin SV: Price Analysis, February 27

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The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Binance CEO Changpeng Zhao said that investors lapped up the Fetch.AI (FET) token on Feb. 25 in a record time of 22 seconds. This is a bullish sign. It shows that the investor appetite for initial coin offerings (ICOs) is returning. Though the crypto…

Peter Brandt Calls For 80%+ Bitcoin Price Decline Over A Year Ago With Chilling Accuracy

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Bitcoin price (BTC) has fallen over 80% from its all-time high of $20,000 over the past 14 months, and has struggled to regain any bullish momentum it once had. While many expected Bitcoin to bottom at the seemingly unbreakable support at $6,000, the leading cryptocurrency by market cap fell through to find its local bottom of $3150. Bulls and bears alike were caught off guard by the sudden violent decline. However one prominent trader was able to predict Bitcoin’s over 80% fall and called for a bottom target of $4,000…

Crypto Exchange Gemini Joins British Telecom’s Radianz Cloud Broker Community

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Gemini, the cryptocurrency exchange founded by the Winklevoss twins, has joined the British Telecommunications (BT) Radianz Cloud broker community, a BT press release reports on Feb. 27. The Radianz Cloud is described in the press release as “one of the world’s largest, secure networked financial cloud communities,” comprised of thousands of institutions, exchanges, brokers and clearing and settlement houses. Now the members of this community will reportedly have access to the crypto market though Gemini. Nick Vigier, chief information officer at Gemini, declared that joining Radianz Cloud strengthens the exchange’s…

Ex-PayPal COO Hails Bitcoin ‘Acceleration’ as He Joins Lightning Torch Relay

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LinkedIn co-founder and former PayPal COO Reid Hoffman has become the latest participant in the Lightning Torch Bitcoin (BTC) transaction relay, Blockstream CEO Adam Back confirmed on social media on Feb. 26. Reid, whom Back appeared to choose due to his lead investment role in Blockstream, is the 224th person to “hold” the Torch, which began its journey around the Bitcoin community in mid-January. Each participant sends an invoice for the transaction via the Lightning Network, adding 10,000 satoshis to the balance before sending it forward. Twitter has become the…

Tron (TRX) Ranked Second in Last CCID Rankings, Will Price Follow suit?

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Tron prices bullish but ranging China’s Center for Information and Industry Development (CCID) ranks Tron at second Participation levels shrink as TRX accumulate As a new entrant, Tron’s superiority showed when it was ranked second by the CCID. However, that didn’t spur Tron (TRX) demand as price are still accumulating, and bulls are yet to reverse Feb 24 draw-down. Tron Price Analysis Fundamentals China did ban cryptocurrencies and virtual exchanges in 2017, but that is not to say China is not pro-blockchain. In fact, as a country, it is the…

TomoChain Says It’s Gunning for Ethereum, Could It Actually Happen?

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TomoChain Says It’s Gunning for Ethereum, Could It Actually Happen? February 27, 2019 by Evan Faggart TomoChain, a Proof of Stake cryptocurrency developed by NEM co-founder Long Vuong, says it has Ethereum in its sights in 2019. Backing this claim with growth in its network and token price, the team sounds pretty confident. But can TomoChain really become a serious competitor to Ethereum? Also read: Coinbase Pro Begins Ripple XRP Trading — But Excludes NY, Japan Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts TomoChain Reports Significant Growth Moving Into…

Russian President Putin Orders Government to Adopt Crypto Regulation by July 2019

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Russian President Vladimir Putin has issued another deadline for the government to adopt regulations for the digital assets industry, according to instructions for the Federal Assembly. The document was published on the official website of the President of Russia, Kremlin.ru, on Feb. 27. According to the document, Pres. Putin has ordered the government to enforce crypto-related regulation by July 1, 2019. The President has required the Council of the Federation of Russia and the lower house the Federal Assembly of Russia (Russian State Duma) to adopt the regulation during the spring…

ShapeShift Presents Six-Episode Show Dedicated to Crypto Enthusiasts

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Switzerland-based crypto exchange ShapeShift announced the launch of a six-episode show, dubbed “Down the Rabbit Hole,” which is dedicated to crypto enthusiasts. The exchange posted a trailer for the film on its Twitter page on Feb. 26. Company’s official Twitter account, @ShapeShift_io, has posted six previews with a brief summary of each episode. The first one, “The Technologist,” is dedicated to Zooko Wilcox, CEO of Zcash. The entrepreneur talks about his path in crypto, the privacy issues and the advantages of cryptography. “The Humanitarian” interviews Nyla Rodgers, CEO & Founder…

CEO Says Crypto Derivatives Inevitable, Will Bitcoin (BTC) Pump?

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Bitcoin prices steady but under pressure Crypto derivative is inevitable Transaction volumes low after Feb 24 blips In an uptrend, the latest Bitcoin (BTC) drawdown should be an opportunity for entry now that market leaders are expressing their optimism. As long as Bitcoin (BTC) is trading above $3,800-a-ccording to data streams from BitFinex, buyers are in charge and could retest $4,500 in coming days. Bitcoin Price Analysis Fundamentals It is satisfying  to know that institutions are finally bending over trying to benefit from cryptocurrencies and blockchain projects. Blockchain promises to…

Crypto Exchange Huobi Adds Support for Ethereum-Based Tether

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Huobi Global crypto exchange has launched support for the Ethereum (ETH) blockchain-based version of USD-pegged stablecoin, Tether (USDT), according to a press release published on Feb. 27. Starting today, Huobi will offer deposit and withdrawal services for major stablecoin Tether in both its original Bitcoin (BTC)-based Omni Layer Protocol and its more recently launched ERC-20 token form, which is built on the Ethereum blockchain. Launched in 2014, Tether aims to allow users to trade and transact traditional fiat currencies on the blockchain. Tether has two tokens, USDT and EURT, purportedly…