Day: July 25, 2019

Crypto Markets Report Gains, Bitcoin Trades Near $10,000 Mark

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Thursday, July 25 — After breaking its psychological price point of $10,000 earlier today, Bitcoin (BTC) has been hovering around the position during the day, with other major cryptocurrencies also trading in the green. Market visualization. Source: Coin360 Bitcoin has seen an increase of nearly 3.61% on the day, and is trading at $9,987 as of press time. Bitcoin started the day at around $9,815 and subsequently saw a spike to $10,192 marking the daily high as of press time. As a sign of further adoption, a new political action…

Storm Area 51 From the Safety of Your Living Room

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Let’s face it: As much as we’d love to “see them aliens,” most of us don’t have the time to travel all the way to Nevada – or the desire to become unwitting test subjects when the Air Force unleashes its prototype weapons based on secret alien technology. Thankfully, a new video game allows you to “Storm Area 51” from the safety of your living room. Introducing Storm Area 51, a “hyper-realistic” stealth game that gives sci-fi gamers what they’ve always dreamed of: the chance to bum-rush a military base…

Ripple (XRP) Prices in Consolidation Mode Despite Institutional Demand

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Ripple (XRP) prices are firm above 30 cents XRP sales in Q2 2019 topped $251 million Ripple’s Q2 2019 XRP market report is enlightening. Revealing the level of XRP demand, investors now know that institutions form the bulk of buyers. In the medium-to-long term, this will help strengthen bulls targeting 50 cents and 80 cents respectively. Ripple Price Analysis Fundamentals Before shifting strategy, Ripple’s solutions were meant for institutions. As a distributed ledger technology firm with interests in global payment, their decision to focus on individuals is proving to be…

Crypto Data Startup Digital Asset Data Earns $3.2 Million in Funding Round

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Cryptocurrency data and financial technology startup Digital Asset Data announced that it received $3.2 million in funding in a press release shared with Cointelegraph on July 25. A round led by Silver Lake and Glenn Hutchins Per the release, the round was led by investment firm North Island and tech-focused private equity group Silver Lake co-founder Glenn Hutchins. The new funds, added to its seed funding of $6 million covered by Cointelegraph in April, brings the total funding received by the startup to $9.2 million. The startup in question reportedly…

Bitcoin Earning Service Lolli Bags Partnership With Safeway — EWN

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Lolli Bags Big Partnership, Helps to Drive Bitcoin Adoption To most consumers, getting their hands on Bitcoin (BTC) is an arduous task. For those that aren’t so-called “crypto natives”, onboarding onto an exchange that doesn’t carry that same brand name as, say, E*Trade or TD Ameritrade’s Think or Swim may seem risky, especially when you involve passport details and other personal information. But, there have been companies trying to change this moat, so to speak. One of these is Lolli, a Bitcoin-centric rewards service that acts much like browser extensions…

Bitcoin (BTC) Undervalued, Would Be Worth $356,000 by 2022 Says Pantera Capital Founder

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Bitcoin (BTC) prices reacting from $9,500 Dan Morehead of Pantera Capital projects price to hit $356,000 by 2022 Pantera Capital’s founder, Dan Morehead, in a podcast, said Bitcoin is growing at a compound annual rate of 235 percent. At this pace, BTC’s would be worth $42,000 by the end of the year. Meanwhile, prices are relatively calm, up roughly two percent in the last day. Bitcoin Price Analysis Fundamentals By acting as money and a settlement layer, Bitcoin is a topic of discussion amongst politicians. All the same, considering the…

FBI Investigating Long Island Iced Tea’s Shift to Blockchain

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The United States Federal Bureau of Investigation (FBI) is looking into Long Island Iced Tea’s (LTEA) shift to blockchain for evidence of insider trading and securities fraud. They are now requesting access to Whatsapp messages that may prove it. FBI wants to use a warrant from another case to gain access to encrypted messages According to a search warrant request, revealed by business news outlet Quartz on July 25, the FBI is seeking to expand a warrant from a different case in order to gain access to communications for their…

How Blockchain Has Revolutionized the Finance Sector

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Blockchain has been somewhat of a star player in the finance sector, bringing in rave reviews. Great expectations have been placed on this evolution of distributed ledger technology (DLT), which has been greatly discussed and debated. It is a well-known fact that blockchain tech makes for easy and quick transactions, and therefore it’s the underlying engine of essentially all cryptocurrencies, but it is more than just that. It isn’t just transforming payments, but mainstream banking and financial services also increasingly rely more and more on this technology. Ever since the…

3 Dirt-Cheap Crypto Tokens That Are Ready to Bounce

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Bitcoin has been showing signs of weakness as of late. This is good news for many crypto tokens that have been badly beaten over the last few months as the dominant cryptocurrency flexed its muscles. At the very least, the bitcoin correction will likely give smaller crypto assets the space to bounce. For some coins, this breather might be enough to ignite a sustained rally. These three cryptocurrencies are dirt-cheap, making them excellent candidates for a near-term bounce. VeChain (VET/BTC) Prints Multiple Reversal Signals VeChain is printing strong reversal signals…

Venezuelan Gov’t Reportedly Dodges US Sanctions With Crypto in Airports

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Venezuela is reportedly choosing to use Bitcoin (BTC), not its own digital currency Petro, to circumvent United States sanctions in airports. According to a report in local news media outlet ABC on July 22, president Nicolas Maduro has authorized the use of an app which collects aeronautical taxes, and then their conversion to Bitcoin. The app, Jet Man Pay, is ironically of U.S. origin, with Venezuela converting the BTC funds via partners in countries such as China, Russia and Hungary. The funds are then deposited as fiat dollars in government-controlled…