Day: June 16, 2019

South American Online Marketplace Working With Facebook on Crypto Project

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South American online marketplace Mercado Libre is working with Facebook on the social network’s Libra cryptocurrency project, Cointelegraph Brazil reports on June 14. A MercadoLibre executive told Cointelegraph Brazil that the purported cryptocurrency will be integrated into the e-commerce platform as a form of payment. While the anonymous executive confirmed the partnership, further details were not forthcoming. The executive stated that it was likely the company would operate as a node in Facebook’s purportedly forthcoming blockchain network. Mercado Libre is one of the most popular e-commerce platforms in South America…

Bitcoin Trades for a Premium in Hong Kong During Protests

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Right now, thousands of citizens from Hong Kong are protesting certain leaders and opposing a proposed extradition law. Alongside the protests, the country’s political issues are reportedly pushing wealthy Hong Kong residents to move their capital offshore. Since last week, the price of bitcoin core (BTC) has gained a premium in Hong Kong as the digital asset has been trading between $75-150 higher than the global average. Also Read: How to Exchange Your Amazon Gift Cards for Bitcoin Cash Political and Economic Unrest in Hong Kong Spurs Capital Movement Offshore…

Crypto Cards in Weekly Video Update From Bitcoin.com

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Crypto debit cards supporting bitcoin cash expand their international reach and a platform offers shopping at Walmart using BCH. Watch these and other developments discussed in this week’s video update on Bitcoin.com’s Youtube channel, and get a chance to take part in a futuristic promotion. Also Read: What Makes Slovenia a Cryptocurrency Adoption Leader – Bitcoin.com Mini-Documentary Futuristic Promotion in the Weekly Video Update This week’s show features a number of technological and businesses developments that make bitcoin cash payments more accessible around the world. These include Coinbase expanding its…

Crypto Cards Expand and a Futuristic Promotion in the Weekly Update From Bitcoin.com

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Crypto debit cards supporting bitcoin cash expand their international reach and a platform offers shopping at Walmart using BCH. Watch these and other developments discussed in this week’s video update on Bitcoin.com’s Youtube channel, and get a chance to take part in a futuristic promotion. Also Read: What Makes Slovenia a Cryptocurrency Adoption Leader – Bitcoin.com Mini-Documentary Futuristic Promotion in the Weekly Video Update This week’s show features a number of technological and businesses developments that make bitcoin cash payments more accessible around the world. These include Coinbase expanding its…

Top Stories, Price Movements, Quotes and FUD of the Week Top Stories This Week

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Top Stories This Week CCN casts doubt on shutdown plans as Google appears to correct visibility Cryptocurrency news outlet CCN (formerly CryptoCoinsNews) is apparently not going through with its total shutdown, as reported earlier this week. The outlet had previously posted a note that a recent Google Core Update had led to a more than 70% visibility drop on mobile overnight, leading the organization to decide to shut down rather than downsize. However, an update this week from CCN Markets Director Jonas Borchgrevink notes that, for an unexplained reason, the…

Multi-Billion Dollar Crypto Firm: Bitcoin Finding Use as Hedge for Global Crisis

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Throughout its short history, Bitcoin (BTC) has been seen as anything but centralized, sovereign, and censorable. The crypto asset was created by a pseudonymous individual, is secured by a global group of miners, and is backed by no government, traditional finance system, or common entity. And as a result, many have looked to Bitcoin and its brethren — other digital assets — as a much-needed escape hatch from fiat and government overreach. Indeed, BTC was released in the wake (and seemingly as a result) of the 2008 Great Depression, and many that have since…

Facebook, Binance, Chinese Yuan Combine to Boost Bitcoin above $9000

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By CCN Markets: The price of bitcoin (BTC) on Sunday surged above $9,300 to establish a fresh year-to-date high. The bitcoin-to-dollar exchange rate touched $9,388 at 0600 UTC — its highest since May 30 — on San Francisco-based cryptocurrency exchange Coinbase. The move brought the pair’s net rebound gains close to 200-percent, including a 154-percent since 2019 open alone. It further prompted bitcoin’s market capitalization to jump above $165 billion. At its highest, the cryptocurrency’s net valuation was more than $327 billion. Bitcoin Price Has Surged 7% in Last 24 Hours…

Bitcoin Worth Over $9,200 as Top Cryptos See Growth

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Friday, June 14 — Most of the top 20 cryptocurrencies are reporting moderate growth on the day by press time, as bitcoin (BTC) crossed the $9,200 mark. Market visualization courtesy of Coin360 Bitcoin is currently up over 6% on the day, trading around $9,250 at press time, according to Coin360. Looking at its weekly chart, the coin is up over 13%. Bitcoin 7-day price chart. Source: Coin360 Ether (ETH) is holding onto its position as the largest altcoin by market cap, which currently stands at just over $29 billion. The…

Mark Karpeles Talks Mt. Gox Creditor Claims and Life After Trial

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Disclaimer: The interview was edited and condensed for publication Mt. Gox crypto exchange is well remembered — but mostly for a bad reason. The year of 2011 marked the biggest heist in terms of the amount of crypto stolen, an eye-watering figure of 850,000 bitcoins (BTC), worth around $473 million at that time. Four years on and only 200,000 BTC of that were recovered. Most creditors still don’t know if or when they will ultimately get their funds back. Apparently, we may not see a conclusion any time soon, as…

Top 5 Crypto Performers: NEO, LTC, BTC, ETH, XMR

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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.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The total market capitalization of cryptocurrencies had come scaringly close to breaking down below the $100 billion mark in mid-December of last year. At that time, sentiment was very weak and every rally was being sold on. There were talks of cryptocurrencies never…