March 20, 2019

Proof-of-Stake Cryptocurrencies Have $4 Billion in Staked Funds: Diar

March 20, 2019 boss

An increasing trend in cryptocurrency looks set to continue as major proof-of-stake (PoS) projects launch in 2019, industry newsletter Diar noted in its latest weekly digest on March 18. PoS, an algorithm used in many well-known cryptocurrencies such as Eos (EOS), Dash (DASH) and Tron (TRON), is accounting for a rising amount of value in the ecosystem. This year, half a dozen more PoS projects will launch, Diar notes, on the back of the debut effort from Cosmos (ATOM), a PoS project that raised $17 million in its initial coin…

Crypto Innovators Will ‘Ultimately Have to Use a Bank to Move Funds’

March 20, 2019 boss

Ron Karpovich, Global Head of eCommerce Solutions at JPMorgan Chase, stated that there is “more partnership instead of competition” between the financial establishment and crypto disruptors when it comes to the payments space. Karpovich made his remarks during an interview on CNBC’s Squawk Box today, March 20. In response to a question from CNBC’s host as to how the banking giant is poised to compete with new and disruptive actors than can leverage blockchain and cryptocurrencies to offer the same services as the old guard, but with lower fees, Karpovich…

Digital Asset Holdings Gets Permanent CEO 3 Months After Blythe Masters Leaves

March 20, 2019 boss

United States distributed ledger technology (DLT) provider Digital Asset Holdings has appointed a new permanent CEO after Blythe Masters quit the post last year, the company confirmed in a press release on March 19. Digital Asset, which Masters began running in 2015, specializes in building DLT-based solutions for various financial entities. Founded in 2014, the company remained with a temporary CEO — chairman of the firm’s board, AG Gangadhar — for three months after Masters confirmed her departure in December. Now, the slot will be filled by Yuval Rooz, Digital…

Following BitMEX’s Footsteps? Programmer Reveals Margin Trading Code In Binance’s Bitcoin Pairs

March 20, 2019 boss

While cryptocurrencies have fallen dramatically over the course of yesteryear, volatility has plummeted. Per data gathered by BitVol, an analytics provider, the Bitcoin-to-USD 30-day volatility has fallen from 7.5% at BTC’s $20,000 peak to 2.6% today. It’s a similar sight for Litecoin, Ethereum, and an array of other liquid crypto markets. Thus, many traders looking to turn a quick buck have turned to margin trading, as they intend to emulate the risk-return potential they took on in late-2017. BitMEX’s Stellar Year This shift in trading habitudes, which has led many…

Following BitMEX’s Footsteps? Programmer Reveals Margin Trading Code In Binance’s Bitcoin Pairs

March 20, 2019 boss

Bitcoin Struggles to Pass Key Price Resistance Over $4K

March 20, 2019 boss

View Bitcoin could rise to recent highs near $4,200 in the short-term if prices validate the bullish outside reversal or “engulfing” candle created in the three days to March 16 with a convincing break above $4,040 (high of the engulfing candle). Any spike to $4,200, however, would likely be short-lived as long as the 21-week simple moving average (currently located at $4,073) is sloping downwards. A break below $3,927 (triangle low on the 4-hour chart) could yield a pullback to support lined up at $3,850. Bitcoin’s (BTC) bulls need to…

Binance Enables Cash for Bitcoin Buying at 1,300 Stores in Australia

March 20, 2019 boss

On Wednesday, Binance announced the launch of Binance Lite Australia, enabling users to purchase Bitcoin at over 13,000 physical storefronts in Australia. The introduction of Binance Lite Australia comes months after TravelbyBit, a company invested by Binance, allowed users to utilize cryptocurrencies at the country’s major airports. #Binance Goes Down Under, Launches Cash-to-Crypto Service in Australia 🇦🇺@binanceliteau provides a user-friendly platform that further strengthens cryptocurrency adoption in Australia. Full details below 👇https://t.co/aD1M6kK0Mp — Binance (@binance) March 20, 2019 Join CCN for $9.99 per month and get an ad-free version of…

Most Respondents File Negative Comments for SEC’s Review of VanEck/SolidX Bitcoin ETF

March 20, 2019 boss

Multiple respondents have filed comments with the United States Securities and Exchange Commission (SEC) on the latest proposed rule change for the VanEck/SolidX Bitcoin (BTC) exchange-traded fund (ETF). Comments to date were submitted between Feb. 13 and March 12. As reported, CBOE’s BZX Equity Exchange — the exchange that would prospectively list the Bitcoin ETF — had temporarily withdrawn its application for a rule change on the ETF in January, citing the negative impact of the U.S. government shutdown on the SEC’s operations. CBOE then resubmitted the application for the…

Most Respondents File Negative Comments for SEC’s Review of VanEck/SolidX Bitcoin ETF

March 20, 2019 boss

Cryptopia Resumes Trading with 15% Bitcoin Haircut, Months after $16 Million Hack

March 20, 2019 boss

Cryptocurrency exchange Cryptopia resumed trading on 40 trade pairs three months after it endured a multi-million dollars theft. The New Zealand firm took to its Twitter profile to update that it was beginning to list pairs that it “quantified as secure.” The exchange further confirmed that it would periodically place more coins after assessing each one of them for potential misuse. As of now, cryptos like bitcoin, doge, and litecoin, are amongst the maximally listed, according to details available at Cryptopia’s official website. Update: We have resumed trading on 40 trade pairs…