Month: June 2019

Even With Money Tap, Ripple (XRP) Is Struggling, Slides 6.4%

boss

Ripple (XRP) prices down 6.4 percent Money Tap welcome more banks as Bitrue lose $4.2 million Noticeably, the altcoin season is far from impressive. XRP is under pressure and liquidating encouragingly above support levels. Good news is that fundamentals are solid. Bullishly, Money Tap, which use xCurrent, replaced Resona Group with seven more Japanese banks meaning there is demand for Ripple’s solutions in South East Asia. Ripple Price Analysis Fundamentals The buzz around the so-called “altcoin season” is dying off. Bitcoin prices are rocketing. Meanwhile, XRP and altcoins in general…

Group of Digital Asset Trade Associations to Establish Global Cryptocurrency Association

boss

A group of national trade associations representing the local Virtual Asset Service Providers (VASPs) announced their intention to establish an association to provide a global representative for firms in the industry in a press release shared with Cointelegraph on June 29. Per the release, the aforementioned Japanese trade association signed a Memorandum of Understanding (MoU) in Osaka aiming to establish the association. The associations that signed the agreement include the Australian Digital Commerce Association (ADCA), Singapore Cryptocurrency and Blockchain Industry Association, Japan Blockchain Association, Korean Blockchain Association, Hong Kong Blockchain…

From Google to Baidu, Bitcoin Searches Jump as Retail Buyers Stir

boss

Search engine queries for “bitcoin” are at a 16-month high according to Google Trends; and are making a dent on China’s Baidu too. Although we are not back at the heady heights of late 2017, interest has picked up markedly. The all-time high is scored at 100 by Google Trends, with the current level worldwide on 25. The last time searches were running at that pitch was in the week 18-24 February 2018. Searches for bitcoin are most prevalent in Nigeria, South Africa and Ghana. Coinbase highlights that in the…

Bitcoin ‘Inventor’ Craig Wright Claims He Can’t Access Coins in Court Testimony

boss

On June 28, Craig Wright, the Australian native who claims to be Satoshi Nakamoto, spent the day in a Florida court battling with the Kleiman attorney. Wright became emotional when he told the court that he designed the network but didn’t like how it turned out. At one point he told the court he was “ashamed of his invention.” Also Read: These Are 2019’s Biggest Cryptocurrency Winners and Losers so Far The Alleged Blind Trust Setup Makes It Difficult for Wright to Access Certain Keys Craig Wright testified in court…

Binance CSO Confirms ‘Preliminary’ Talks to List Facebook’s Crypto ‘Libra’| CCN Markets

boss

Speaking with Finance Magnates, Binance strategy officer Gin Chao said the world’s largest cryptocurrency exchange “would probably want to list” Facebook’s Libra coin on its marketplace. Chao said that Binance has been in talks with Facebook about the potential listing. Though he said discussion is, “very much at a preliminary stage.” The revelation is some interesting news out of the FinTech Junction Conference in Tel Aviv, where journalists had a chance to sit down with fintech leaders and discuss the future of the industry. Trading Stablecoins Like Libra Is Absurd…

Binance CSO Confirms ‘Preliminary’ Talks to List Facebook’s Crypto ‘Libra’| CCN Markets

boss

Speaking with Finance Magnates, Binance strategy officer Gin Chao said the world’s largest cryptocurrency exchange “would probably want to list” Facebook’s Libra coin on its marketplace. Chao said that Binance has been in talks with Facebook about the potential listing. Though he said discussion is, “very much at a preliminary stage.” The revelation is some interesting news out of the FinTech Junction Conference in Tel Aviv, where journalists had a chance to sit down with fintech leaders and discuss the future of the industry. Trading Stablecoins Like Libra Is Absurd…

How to Pay Employees or Get Paid With Bitcoin

boss

Paying or getting paid with digital coins is the norm in the cryptocurrency sector. Participants in many other industries, however, may also be tempted to take advantage of the benefits offered by decentralized currencies. In the case of bitcoin cash (BCH), that means fast, secure and low-cost transactions. Some platforms facilitate crypto payments between companies and their employees, while peer-to-peer settlements remain a viable option as well. Also read: BCH Can Be the Global Coin for Daily Spending, Says Italian Crypto Executive Crypto Payroll Services Offered Businesses exploring the possibility…

Justin Sun Went All Devious on the Expectation of Charity Lunch With Buffett

boss

Photo: Justin Sun / Instagram Next month is pretty much anticipated as “THE” month, or “the month when one of the richest people on the planet will, or will not, accept the fact that cryptocurrencies are the future”. Of course, we are talking of a much-awaited Justin Sun‘s lunch with a billionaire Warren Buffett. Just for a reminder, every year, Warren Buffett, the CEO of Berkshire Hathaway, auctions off a three-hour lunch date to benefit Glide, a San Francisco charity that fights homelessness and addiction. At the beginning of June,…

Bitcoin Rebound Facing Resistance: More Downsides On The Cards?

boss

After correcting towards the $10,400 support, bitcoin price recovered above $11,000 against the US Dollar. The price broke the $11,800 resistance, but it faced a strong resistance near the $12,400 level. There was a break below an ascending channel with support near $11,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might decline further towards the $11,000 before it could start a fresh increase. Bitcoin price started a decent recovery above $11,800 against the US Dollar. However, BTC is struggling to settle above $12,000…

Bitcoin (BTC) May Fall by 25% to $9,000 After Reaching $12,400: Analyst

boss

Bitcoin Ready to Fall by 25%? Wow. After collapsing just the other day, Bitcoin (BTC) bulls are right back at it. Just yesterday, BTC was sitting at $10,400, having fallen by over $3,000 from its local peak at $13,800 — a key resistance level and the 0.618 Fibonacci Retracement level of the entire bear market. Now, the leading cryptocurrency sits at $12,300, still shy of $13,800. While this rapid recovery has many claiming that BTC is ready to take on new all-time highs once again, one analyst suggests that this…