Day: April 16, 2019

SBI Delists BCH and Keeps BSV Amid Major Crypto Exchanges Delisting BSV

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Japanese financial services giant SBI Holdings will delist bitcoin cash (BCH) from its virtual currency exchange in June 2019, Cointelegraph Japan reports on April 16. SBI Virtual Currencies has now officially announced its plans to delist bitcoin cash, while keeping support for bitcoin satoshi vision (BSV) — a cryptocurrency created from a hard fork of bitcoin cash. Bitcoin cash is the first hard fork of major cryptocurrency bitcoin (BTC), which was created in August 2017. In turn, bitcoin SV is a hard fork version of bitcoin cash, and is led by…

eToro Launches Full Crypto Exchange and 8 Custom Stablecoins

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The blockchain subsidiary of social investing platform eToro has launched a cryptocurrency exchange along with eight branded stablecoins. The new platform is being managed by eToroX, which is regulated by the Gibraltar Financial Services Commission, the firm announced Tuesday. Trading in six cryptocurrencies will be offered at launch: bitcoin (BTC), bitcoin cash (BCH), ether (ETH), XRP, litecoin (LTC) and dash. Also available will be 37 crypto-to-fiat pairs, for example BTC/USD and XRP/GBP. The firm is additionally issuing eToro-branded tokens pegged to eight fiat currencies, including the eToro United States dollar (USDEX),…

CoinMarketCap Releases New Mobile App Version With User Accounts, Price Alerts

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Crypto data tracker CoinMarketCap has released a new version of its app for iOS and its first Android app today, April 16, with added features for price tracking and user accounts. According to the website, the mobile app will include candlestick charts, daily historical open-high-low-close chart data and the option for setting price alerts on all cryptocurrencies available on CoinMarketCap. In order to use the app, users will have to make a CoinMarketCap account and log in. The app will also allow users to follow news from various media outlets,…

Struggling Ethereum Giant ConsenSys Seeks $200 Million VC at $1 Billion Peg

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Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Ethereum development studio ConsenSys is struggling financially and is now trying to raise $200 million from outside investors to stay afloat. The fundraising drive comes just four months after the…

Do the Recent Trading Volume Highs Mark an End to the Bitcoin Bear Market?

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Identifying the end of the current cryptocurrency’s bear market is a challenge many are attempting to handle. Major industry proponents have called the bottom on multiple occasions, only for the market to plunge further afterward. However, it does seem that the situation may have changed. On April 2nd, Bitcoin entered into a long-forgotten positive rally, jumping from around $4,150 to around $5,000 in hours. The run continued throughout the rest of the week, as the cryptocurrency is currently sitting comfortably above $5,100. Naturally, this drove the entire market up, with…

Binance Coin (BNB) is Only $6 Short From Retesting Historical High

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Binance is turning into the most profitable crypto venture for otherwise bearish ICO investors. The Chinese-turned-Maltese cryptocurrency firm recently noted its native token BNB’s market capitalization reaching $2.7 billion. At the same time, the BNB’s per token value touched $19.66, which was circa $6 less than its historical high from January 12, 2018. Binance Coin YTD Price Chart | Source: CMC Coin Burn on April 15 The BNB’s latest buying wave came ahead of its quarterly token burning event. In retrospective, Binance uses 20 percent of its fiscal quarter profits…

India’s Best-Funded Bitcoin Exchange is Running Low on Cash and Employees

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Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. By CCN.com: India’s regulatory uncertainty on cryptocurrencies has taken a toll on Bengaluru-based exchange Unocoin forcing it to lay off employees. According to The Economic Times, the bitcoin exchange has…

India’s Best-Funded Bitcoin Exchange is Running Low on Cash and Employees

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Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. By CCN.com: India’s regulatory uncertainty on cryptocurrencies has taken a toll on Bengaluru-based exchange Unocoin forcing it to lay off employees. According to The Economic Times, the bitcoin exchange has…

KuCoin Exchange Traders Can Now Self-Custody Their Crypto Assets

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Cryptocurrency exchange KuCoin has launched a feature allowing users to custody their own crypto assets while trading. For the feature, KuCoin has integrated a new technology from Boston-based startup Arwen, which allows traders to maintain control of their private keys while trading on centralized exchanges, Arwen announced Tuesday. KuCoin president Eric Don confirmed the news, telling CoinDesk: “This service will enable investors to trade in a centralized platform without worrying about their fund safety.” Arwen said that, with its technology, trades are executed via a “layer two” blockchain protocol that…

Bitcoin To Be The “Escape Hatch” In Impending Global Recession

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In the eyes of many across the globe, including anti-establishment figures, credited and established economists, and consumers, the macroeconomy could be on the verge of collapse. In fact, in a recent Bloomberg op-ed, Narayana Kocherlakota, the former president of the Federal Reserve’s Minneapolis arm, advised his old employer to prepare for a crisis. But Bitcoin may be a way out — “an escape hatch,” as put by ShapeShift chief executive and crypto entrepreneur Erik Voorhees. There has never been a global recession since Bitcoin was created. Next time it happens,…