Day: June 1, 2019

Tron Price Soars 20% After Justin Sun Teases Alluring ‘Big Win’

boss

By CCN: The tron price (TRX) skyrocketed more than 20 percent after founder Justin Sun teased that he would reveal “huge and amazing” news about the cryptocurrency on June 3. Tron CEO Pumps TRX With Twitter Tease Earlier this week, TRX founder and Tron Foundation CEO Justin Sun hinted at a “huge” development in the works. Sun claimed to be in the midst of a new project that would involve tron and the closely-related BitTorrent cryptocurrency. He revealed he had a “70%” chance to see it through. I did it!…

US, Japan Top Sources of Traffic to Crypto Exchanges Globally: Study

boss

The United States is the top source of traffic to cryptocurrency exchanges globally, Cointelegraph Japan reported on June 1. The research was released by crypto news outlet The Block on May 31. The study shows that 24.5% of the total traffic directed to crypto exchanges originates in the U.S. Japan came in second, with 10% of the total traffic, while South Korea got about 6.5% and Indonesia about 4.5%. Still, as The Block points out, some countries — for instance China — block access to cryptocurrency exchanges and users from…

Bitcoin Holding Wall Street Investor Predicts Declines in S&P 500 Market

boss

The S&P 500 stock market has delivered its worst May performance in seven years after falling 6.6 percent. And Mark Yusko of Mogan Creek Capital believes that it is about head further lower this year. The chief executive officer and one of the world’s most renowned fund managers told CNBC that S&P has been in a bear market since September 2018. He said the market suffered a sharp downtrend last year, which was the first trademark phase of a bearish bias. The next stage, which took place in the first…

Does Kik Stand a Chance Against the Goliath of the SEC in a US Court?

boss

It’s difficult to fight progress. Although, if you’re the United States Securities and Exchange Commission (SEC), you can at least try, which could explain why the agency has so far refrained from producing clear and favorable cryptocurrency regulation. Since February 2018, the SEC has taken to consider all initial coin offerings (ICOs) as being securities. Meanwhile, in June 2018, SEC Chairman Jay Clayton proclaimed that the commission is “not going to do any violence to the traditional definition of a security that has worked for a long time.” And given…

These US Insurance Giants Will Pay Each Other on a Blockchain

boss

By CCN: USAA and State Farm have reportedly closed a deal that will see them using the blockchain to pay each other. So when two people get in an accident, and they’re represented by either of the companies, the company that has to pay will eventually be using a blockchain solution to settle the inter-company payment. Billions Per Year Settled On Blockchain The claims amount to billions of dollars a year, which is a lucrative volume that blockchains can settle in minutes. The advent of stablecoins and clearer regulations have…

Crypto Market Primed For Gains: Bitcoin Cash, EOS, TRX, ADA Analysis

boss

The total crypto market cap tested the key support area near $245.0B and bounced back. Bitcoin price jumped sharply after testing the main $8,000 support area. EOS price is up more than 10% and it broke the $8.00 and $8.20 resistance levels. Bitcoin cash price tested the $420 support level and bounced back above $440. Tron (TRX) price is up more than 12% and it recently broke the $0.0350 resistance. Cardano (ADA) price is currently trading near the $0.0900 and $0.0905 resistance levels. The crypto market cap, bitcoin (BTC), Ethereum…

eToro Custodial Service Sees 13% Surge in Bitcoin Holdings in Two Weeks

boss

The amount of bitcoin deposited with UK-based asset brokerage company eToro is rising dramatically. The firm’s chief market analyst, Mati Greenspan, said on Wednesday that they witnessed a 13 percent surge in bitcoin holdings at their proprietary custodianship. The deposits jumped particularly between May 4 and May 18, the period which saw bitcoin price appreciating more than 50 percent against the US dollar. “eToro clients, indeed, participated in the recent Bitcoin surge,” stated Greenspan. “During the recent rally (May 4th – 18th) overall client holdings rose by about 13%.” The…

Dadiani Syndicate’s Client Wants to Acquire 25% of Bitcoin’s Supply: Marketing Trick?

boss

Presenting themselves as the “world’s first special purpose vehicle formed around the issue of global trade coordination and digital wealth conversion into real wealth”, Dadiani Syndicate has reportedly been approached by a wealthy client to buy as close to 25% of the Bitcoin (BTC) supply as possible. An office in Mayfair, west London – this is home to The Dadiani Syndicate, the brainchild of art dealer Eleese Dadiani. Her gallery, Dadiani Fine Art, was the first to accept cryptocurrency payments, back in 2017.Read more: https://t.co/uPxPOcVjdc pic.twitter.com/Mh8wivIQeY — Cryptos Experience (@cryptosexp)…

Dadiani Syndicate’s Client Wants to Acquire 25% of Bitcoin’s Supply: Marketing Trick?

boss

Presenting themselves as the “world’s first special purpose vehicle formed around the issue of global trade coordination and digital wealth conversion into real wealth”, Dadiani Syndicate has reportedly been approached by a wealthy client to buy as close to 25% of the Bitcoin (BTC) supply as possible. An office in Mayfair, west London – this is home to The Dadiani Syndicate, the brainchild of art dealer Eleese Dadiani. Her gallery, Dadiani Fine Art, was the first to accept cryptocurrency payments, back in 2017.Read more: https://t.co/uPxPOcVjdc pic.twitter.com/Mh8wivIQeY — Cryptos Experience (@cryptosexp)…

Crypto Boss Blows $100,000 in Ethereum on Official ‘Virtual’ F1 Race Car

boss

By CCN: As part of the new F1 Delta Time game, which is an officially recognized blockchain collectible game from Formula 1 racing, some recently bought a car for $100,000. The virtual vehicle is powered to the max and will, therefore, provide a significant advantage in the game. Single Car Token: Over $100,000 Bidding takes place in Wrapped Ether. The most recent sale ended for 415.9 Ether – nearly $110,000 at current prices. The car sold is a one-of-a-kind. The auction lays to rest any notions that there aren’t people…