Day: September 10, 2019

Nasdaq Launches Decentralized Finance Index for Digital Assets

boss

Major United States stock exchange Nasdaq has unveiled a blockchain decentralized finance (DeFi) index Defix (DEFX). According to a Defix press release published on Sept. 9, brokerage firm Exante streamlined the launch of the Defix index. A disparate group of crypto assets The index includes crypto assets of projects such as the one of Proof-of-Work blockchain Amoveo (VEO), decentralized exchange protocol 0x (ZRX), prediction market Augur (REP). Also the governance token of the decentralized autonomous organization behind the DAI stablecoin and MakerDAO (MKR).  Amoveo main developer Zack Hess commented on…

Litecoin Price Technical Analysis (September 10): Facing Strong Resistance at $72

boss

Analysis Litecoin (LTC)trade is currently trading at $71.12. The digital coin is facing resistance at $72.09 and support at $69. LTC price is expected is to trade between the channel and long position should not be taken at this price. It is suggested to wait until the price reaches the support, or breaks the resistance. Dow Theory The accumulation phase usually starts when informed investors (experienced traders and institutions) are beginning to enter their positions. The price movements during the accumulation phase are slow. The accumulation phase often falls into…

Bitcoin Is a Truth Machine, Says Gold Bullion International Co-Founder

boss

Gold Bullion International co-founder Dan Tapiero analyzed Bitcoin’s (BTC) value as a truth machine. Tapero made his regards during an interview with business news outlet AlphaWeek published on Sept. 10. He said: “What it is is an invention, and I think it should be referred to as an invention rather than all the other things. It’s a, you know, what it really is […] It’s a truth machine. […] It’s a way to eradicate all fraud or lying by human beings.” Bitcoin is a reward for network maintenance He also…

Gemini Launches Custody for 18 Cryptos Including Bitcoin, Ether, Enjin and More

boss

Gemini is launching an institutional-grade crypto custody solution, the exchange announced Tuesday. Through the Gemini Trust Company, a regulated custodian overseen by the New York Department of Financial Services (NYDFS), the Winklevoss-backed exchange now offers “Gemini Custody,” a platform which would enable clients to trade assets instantly by offering them credits. Previously, clients would have to wait more than a day to access and trade assets. Gemini customers will be able to trade assets held offline without waiting to access them using the new system, the release said. According to…

100% SSD Web Host GeeksHosted.com Integrates Bitcoin

boss

Photo: GeeksHosted Romania-based web hosting provider GeeksHosted has recently announced a new payment option within its web hosting ecosystem. Now, they are proud to accept Bitcoin hosting, which opens a perfect opportunity to broaden the access to the GeeksHosted range of services, as well as to connect Web 3.0 to the blockchain. According to Catalin Florica, the representative of GeeksHosted, the company’s recent acceptance of Bitcoin hosting will place GeeksHosted among few web hosting companies open to cryptocurrency payment. At the same time, the decision gives nod to growing sentiments among…

Bitcoin Surpasses XRP in Yen-Denominated Crypto Holdings

boss

Fresh data from the Japan Virtual Currency Exchange Association (JVCEA) has revealed that as of April 2019, the value of yen-denominated Bitcoin (BTC) holdings has outstripped those in XRP on domestic exchanges.  As Cointelegraph Japan reported on Sept. 10, the surge in the value of exchanges’ Bitcoin holdings coincides with the beginning of Bitcoin’s 2019 bullish uptrend, which saw the top cryptocurrency hit close to $14,000 by late June.  Value of yen-denominated Bitcoin (red) and XRP (blue) holdings on JVCEA member exchanges, January-July 2019. Source: JVCEA Bitcoin holdings soar in…

Bakkt Exec: We Will Play a Disruptive Role in the Bitcoin Market

boss

Bakkt’s COO, according to a recently released statement, believes that the company will be a game-changer for the crypto market in general. Bitcoin Daily & Monthly Futures will launch on September the 23rd. For a while now, one of the most anticipated events in the crypto sector has been the official launch of Bakkt which the market has been waiting for since last year when the firm was officially announced. Last week, the official Twitter account announced that the Bakkt Warehouse had been thrown open and had begun receiving deposits…

Binance Futures Officially Launched, Announces CEO Changpeng Zhao

boss

On Monday, September 9, Binance CEO Changpeng Zhao announced the official launch of Binance Futures. To get an early idea of the market before launch, Binance unveiled its crypto futures testnet last week. The futures testnet was available for a period of five days and launched on two platforms Futures A and Futures B. The two platforms were pitched against each other to see which one performs better. Binance’s own development team created the Futures A platform whereas Binance’s crypto derivatives platform JEX created the Futures B platform. Finally, a…

Blackmoon Crypto Will Be First to Sell Telegram Gram Tokens?

boss

When Telegram launches its blockchain, the go-to marketplace for the new gram tokens could be a fledgling exchange with fewer than 4,000 users. At least, that’s what Blackmoon Crypto is hoping. Last week we wrote of how Telegram’s blockchain project, TON, has entered the last preparation stage before going live. The code for running a blockchain node was released on the test network and this (or the next) month is expected for the company to finally launch TON. However, it seems that the go-to marketplace for the new Gram tokens…

Naver’s Subsidiary Line to Offer Crypto Trading Services in Japan

boss

The renowned South Korean internet company, Naver Corporation, confirmed on Friday that it is ready to spread its wings across the global crypto community. Using its Japanese subsidiary, Line, Naver is targeting the millions of users on the messaging app platform as it makes a move into the highly competitive crypto sphere. Line currently boasts up to 80 million users in its messaging app. Its payment service Line Pay has also experienced a bliss in the market, attracting about 50 million users. In fact, the company states that Line currently…