September 2, 2019

Filipino Boxing Champion and Senator Manny Pacquiao Introduces Own Cryptocurrency

September 2, 2019 boss

Manny Pacquiao, the Filipino boxing professional champion and the Philippines’ state senator, has announced his own cryptocurrency and stepped into the brawl of digital assets, as reported by the South China Morning Post. In an open-to-all free concert held by the Welterweight Super Champion in Manila, he announced the launch of “Pac” to 2,000 attendees. The virtual currency can be used by his fans to buy merchandise and connect to him through social media. One of the attendees of the concert, Aaron Baetiong commented that “Pacquiao is idolized by many.…

Binance Launches 2 Futures Platforms for Public Testing

September 2, 2019 boss

Binance has launched two Binance Futures Testnet Platforms, inviting users to participate in a 10,000 Binance Coin (BNB) futures trading competition. Two promotions during testing The major crypto exchange has launched two futures trading platforms named Futures A and Futures B in testing mode, allowing Binance customers to participate in a simulated trading competition, Binance announced on its website on Sept. 2. According to the announcement, Binance will grant trading competition winners a total of 10,000 BNB, worth around $216,000 at press time. Within the competition, Binance will provide all…

Turkish Bitcoin Exchange Becomes Football’s First-Ever Crypto Shirt Sponsor

September 2, 2019 boss

Turkey’s biggest bitcoin exchange is now the official shirt sponsor of Yeni Malatyaspor, a club playing in the country’s first division. | Source: Yeni Malatyaspor By CCN Markets: Bitcoin and other blockchain networks continue to make headwinds in the sporting arena thanks to the latest partnership between Bitcoin exchange BtcTurk and first-division football club Yeni Malatyaspor. As revealed on Reddit, the stalwart Turkish crypto company recently signed a sponsorship agreement with the club that will feature its logo on the team kit for the current 2019/20 season: Only last week,…

Turkish Bitcoin Exchange Becomes Football’s First-Ever Crypto Shirt Sponsor

September 2, 2019 boss

Bitcoin Extend Gains as US-China Tariffs Take its Toll

September 2, 2019 boss

Bitcoin posted modest gains in its September debut as the US introduced additional tariffs of 15 percent on $112 billion of Chinese goods. Bitcoin trending higher gradually | Image Credits: TradingView.com The benchmark cryptocurrency added 0.20 percent to trade at $9,800 in early Monday morning, bringing its local net rebound up by as much as 5.8 percent – as measured from Friday’s low of $9,321.73. The first signs of a positive month followed three weeks of depression, wherein the bitcoin erased about $2,300 off its spot rate. Long traders called it…

Craig Wright Challenges Court Order Requiring Him to Pay 500K Bitcoin

September 2, 2019 boss

Self-proclaimed creator of Bitcoin (BTC) Craig Wright wants to challenge a recent court order requiring him to pay 500,000 Bitcoins to the Kleiman estate. Reinhardt did not have power to enter the order, Wright says On Aug. 30, Wright’s attorney Andres Rivero filed a document with the United States District Court for the Southern District of Florida, asking for a 14-day extension of time to file a motion with the district court judge challenging Magistrate Reinhart’s order issued on Aug. 27. In the document, Rivero stated that Wright “does not…

Binance Launches Two Crypto Futures Platforms for User Testing

September 2, 2019 boss

Cryptocurrency exchange Binance has launched not one, but two test platforms for its planned crypto futures products. Dubbed Futures A and Futures B, the new testnets are now open for users to play with using dummy assets, with new competitions to encourage traders to get involved. On Monday, Binance announced on its website that users will be able to vote for their favorite futures testnet, with the winning version to become the official platform. As for the competitions, Binance said it will award prizes totaling 10,000 Binance coin (BNB) – worth…

Tron CEO Justin Sun Accused of Buying 5,000 Twitter Followers Per Day

September 2, 2019 boss

Crypto market commentator Josh Rager has accused Tron founder Justin Sun of buying 5-6,000 Twitter followers per day. In a tweet posted on Sept. 1, Rager claimed: “Looks like you’re still buying 5,000 to 6,000 followers per day. My favorite stat is how you went from losing net-negative followers per month to gaining 5k followers daily like clock work in late 2018.” At the end he added, sharpening his attack: “You’re such a meme. I feel sorry for Tron investors.” Tron CEO buying 5K new followers per day? To corroborate…

Bitcoin Bull Max Keiser Expects BTC Price to Touch $28,000

September 2, 2019 boss

Max Keiser bets on Bitcoin’s sharply rising hashrate and the Game Theory to back his predictions. He says hashrate, and not the Bitcoin price, is the true indicator of the crypto’s inherent strength. The last month of August 2019 ended almost on a flat note for Bitcoin as the cryptocurrency consolidated around $10,000 levels. In fact, Bitcoin was under a bearish grip last week as it slipped below its crucial support of $10,000 leaving investors jittery. At the press time, BTC price makes $9 809,85 as per the data from…

Crypto Exchange Binance Hopes to Address Regulatory Concerns about Venus

September 2, 2019 boss

The Malta-based crypto exchange Binance has expressed that enough lessons were learned from Facebook’s Libra and now it is looking forward to forge partnerships with regulators to ensure its new digital currency, Venus, does not suffer the same regulatory backlash as Libra did. Binance plans on working with regulators to ensure that its upcoming digital currency complies with the appropriate cryptocurrency regulations of a country before it is launched there. Last week, in a press release, Binance announced that it will work closely with public and private sectors, technology companies…