Day: September 20, 2019

Mike Novogratz Accepts His Mistake of Missing Out On Telegram’s TON Token Sale

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Wall Street veteran and founder of the Galaxy Digital crypto merchants bank, Mike Novogratz, recently accepted that he missed out on the token sale of Telegram‘s TON cryptocurrency. During a recent interview with The Block, Novogratz spoke how he missed the opportunity of investing in the Telegram Open Network (TON). Messaging giant Telegram has been work for over a year on its ambitious blockchain project which can see the light of the day anytime soon. In his interview, Novogratz said that Telegram tried to reach him out almost 15-20 times.…

Mike Novogratz Accepts His Mistake of Missing Out On Telegram’s TON Token Sale

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Mike Novogratz said that despite Telegram approached him for the TON’s private token sale participation, he refused them multiple time due to his early skepticism about the project. Wall Street veteran and founder of the Galaxy Digital crypto merchants bank, Mike Novogratz, recently accepted that he missed out on the token sale of Telegram‘s TON cryptocurrency. During a recent interview with The Block, Novogratz spoke how he missed the opportunity of investing in the Telegram Open Network (TON). Messaging giant Telegram has been work for over a year on its…

Bakkt to ‘Improve Trust With Institutions to Crypto’ in 3 Days

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Bitcoin (BTC) and cryptocurrency will gain trust from the incoming launch of institutional trading platform Bakkt, a well-known analyst has said. More Praise For Bakkt In a tweet on Sept. 19, Fundstrat Global Advisors co-founder Tom Lee joined the increasing number of Bitcoin figures bullish about Bakkt’s impact on the space. The platform goes live on Sept. 23, and will first offer physical Bitcoin futures. Investors, who have been able to deposit funds since Sept. 6, will take delivery of payouts exclusively in BTC. The remaining days to launch have…

Ripple Avoids XRP Question as It Moves to Dismiss Securities Lawsuit

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Blockchain network Ripple has filed a controversial motion to dismiss a lawsuit over it allegedly selling unregistered securities. Ripple: Securities ruling beyond scope of the court In a court filing uploaded by Fortune on Sept. 20, lawyers representing the company against investor Bradley Sostack dismissed the claims against it. Part of an ongoing legal battle, Sostack says Ripple’s sales of altcoin XRP in 2013 constituted an unlawful securities offering. Ripple denies this, but the case has thrown up wider concerns over the legality of Ripple’s operations regarding XRP. As Cointelegraph…

BiboxEurope Launches Referral Program, Users can Earn up to 80% in Commissions

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BiboxEurope is at it again. The Swiss fiat-to-crypto exchange platform has announced a new set of benefits for its users, in the form of a referral program, enabling them to make the most out of their offering. The program is set to go live on September 18, 2019 and conclude by the end of October 2019. Those users who are participating in the BiboxEurope Referral Program stand to earn a whopping 80% in commissions by referring their friends and family to become part of the Bibox community. The BiboxEurope Referral…

Bitcoin Price (BTC) Rallies Sharply But Facing Significant Hurdle

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Bitcoin price started a strong rise after trading as low as $9,637 against the US Dollar. The price is trading above the $10,200 level, but it is facing hurdles near the $10,400 level. There was a break above a major bearish trend line with resistance near $10,150 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is currently correcting lower towards the $10,150 and $10,100 support levels. Bitcoin price is showing positive signs above the $10,100 level against the US Dollar. BTC needs to surpass…

Arab Bank Switzerland to Offer Bitcoin Custody and Brokerage Services

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According to a report published by swissinfo.ch on September 19, 2019, Arab Bank Switzerland has joined the list of established banks which offer access to digital asset products. A New Bank in the Crypto Sphere Arab Bank Switzerland, a bank specializing in private banking and trade financing, has partnered with blockchain technology firm Taurus, to facilitate access to digital asset investments for its high net worth customers. Despite the growing interest from wealthy clients, so far banks have been cautious of offering investment services in digital assets due to regulatory…

Bitcoin (BTC) Hash Rate Exceeded 102 Quintillion Ahead of Monday Bakkt Launch

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Photo: Tim Reckmann / Flickr Bitcoin’s (BTC) network hash rate went over 102 quintillion hashes for the first time ever which is a historic milestone for the cryptocurrency. As the data show, on September 18, the hash rate reached its record of exactly 102.8 quintillion hashes. Hash rate explains the amount of computing power that is needed in processing Bitcoin transactions. The higher the number of hashes is, the more miners are competing in order to get the block reward. Since December 2018, the hash rate has been rising from…

Bitcoin (BTC) Hash Rate Exceeded 102 Quintillion

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Photo: Tim Reckmann / Flickr Bitcoin’s (BTC) network hash rate went over 102 quintillion hashes for the first time ever which is a historic milestone for the cryptocurrency. As the data show, on September 18, the hash rate reached its record of exactly 102.8 quintillion hashes. Hash rate explains the amount of computing power that is needed in processing Bitcoin transactions. The higher the number of hashes is, the more miners are competing in order to get the block reward. Since December 2018, the hash rate has been rising from…

Crypto Market & Bitcoin Rebounding: BCH, Litecoin, TRX, XLM Analysis

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The total crypto market cap bounced back sharply after testing the $245.0B support area. Bitcoin price is back above the $10,000 and $10,100 levels, with positive signs. Litecoin (LTC) price is showing positive signs and it could soon revisit the $80.00 resistance. BCH price is gaining pace and it could rise towards the $325 and $340 resistance levels. Tron (TRX) price settled above the $0.0170 level and it could continue to climb higher. Stellar (XLM) price surged recently and it is likely to march towards the $0.0850 level. The crypto…