July 3, 2019

Bitcoin Price Hits $11,500 Levels Following a Week-Long Bearish Period

July 3, 2019 boss

After a week span of bearish market conditions, the number one cryptocurrency Bitcoin is back on track and currently trading above $11,000 price level. For the first time after a sporadic period of a week’s wavelike downturn, Bitcoin price has been observed to be gaining traction and is well on its track to reaching its purported $50,000 come end of the year. According to the charts provisioned by CoinMarketCap, Bitcoin has undergone a 12% boom over 24h and hit $11,575 price level. This nascent Bitcoin value recovery has load waste…

Tron (TRX) May Flourish In July Thanks To BitTorrent Developments

July 3, 2019 boss

Tron (TRX) flat-lining, stable at 3.1 cents BitTorrent Speed launching on July 8. Tron’s dApp ecosystem is growing, reaching 500, which is a milestone. Meanwhile, the BitTorrent test net is live, and the launching of BitTorrent Speed is significant for Tron and BTT owners. Tron Price Analysis Fundamentals Boasting of superior throughput and scalability, Justin Sun is not afraid to brag about Tron achievements. Notwithstanding possible damage to his reputation, he continues to execute an aggressive marketing strategy. From making announcements encouraging front running to securing a $4.6 million lunch…

Binance Charity Announces Alliance to Support Feminine Health

July 3, 2019 boss

The Binance Charity Foundation (BCF) has announced a new initiative for improving feminine health. BCF, which is the philanthropic arm of cryptocurrency exchange Binance, announced an alliance of 47 organizations to make a token geared towards women’s health in a blog post on July 3. 46 organizations, including industry players such as Ripple, smart contract security firm Quantstamp, and digital assets venture company Blockseed Ventures, have joined BCF to promote the “Pink Care Token” (PCAT) geared to help improving feminine health in developing countries. PCAT is a redemption-only token issued…

Crypto ‘Crap’ Is Not Compliant, Rogue Currency

July 3, 2019 boss

Canadian businessman and TV personality Kevin O’Leary said that cryptocurrencies pose serious compliance challenges to the financial services industry During an interview published on July 3, O’Leary said that he would not invest or get involved in cryptocurrencies because of their purportedly unregulated nature: “If I want to be compliant and I don’t wanna breach any regulators because I’m a participant in financial services globally, and that is where the majority of money is, […] I have to be compliant, I have no interest in doing any of this crypto…

US Lawmakers asks Facebook To halt Libra’s launch

July 3, 2019 boss

A group of U.S. lawmakers called on Facebook to freeze its Libra cryptocurrency project. Five members of the U.S. House of Representatives, all Democrats, urged in an open letter to Facebook and its partners to immediately agree to a moratorium on any movement forward on Libra, its proposed cryptocurrency, and Calibra, its proposed digital wallet. “It appears that these products may lend themselves to an entirely new global financial system that is based out of Switzerland and intended to rival U.S. monetary policy and the dollar,” the lawmakers said in…

Bitcoin (BTC) At $20,000 By Year End Then Opens Up $40,000 Says Novogratz

July 3, 2019 boss

Mike Novogratz, founder and chief executive of Galaxy Digital, the crypto-focused merchant bank, says bitcoin will be trading at $20,000 before the year is out. In a telephone interview with Bloomberg he also rode back somewhat on his previously reported statements about wishing he’d “sold more” when he offloaded some bitcoin as the price fell back from its near-term high at $13,800. “We had a spectacular rally. We traded up as high as $13,800… they got excited for real reasons… like Facebook, they got excited because of Uber and Mastercard…

Canadian Startup Wants to Upgrade Millions of ATMs to Sell Bitcoin

July 3, 2019 boss

Canadian exchange Coinsquare has acquired software allowing traditional ATMs to sell cryptocurrency such as bitcoin (BTC), according to a press release on July 3. Coinsquare announced a controlling investment in Just Cash, a United States-based fintech startup that has developed a software that allows users to purchase crypto directly through traditional ATM machines without the need of additional hardware or mobile application. Following the investment of undisclosed amount, the Just Cash team will join Coinsquare in and operate under Coinsquare brand. Coinsquare CEO Cole Diamond says that the new initiative…

China’s Largest Financial News Service Adds Bitcoin, What Does it Mean?

July 3, 2019 boss

Even a ban did not stop China’s most significant financial news provider from supporting cryptocurrencies such as bitcoin. Sina Finance, the world’s 32nd largest financial news portal, on Wednesday introduced a new cryptocurrency index, which lists the price and time-based performance of all the top digital assets. A snapshot provided by cnLedger, a preferred source of all the crypto-related news from China, showed bitcoin listed alongside bitcoin cash, litecoin, XRP, ether, ethereum classic, and tether. Sina Finance Introduces Cryptocurrency Price Index amidst China Ban on Bitcoin Trading | Image Credits:…

China’s Largest Financial News Service Adds Bitcoin, What Does it Mean?

July 3, 2019 boss

Bittrex Acquires Tradedash – Blockchain News

July 3, 2019 boss

About Richard Kastelein Founder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 1500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat. Irish Tech News…