Day: December 15, 2019

Bitcoin.com Exchange Lists More Tokens for Trading

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Bitcoin.com Exchange was launched in early September 2019 as an easy-to-use platform with world-class security and a powerful trading engine. The venue has rapidly expanded its roster and now offers 27 different digital tokens for users to trade. Two of the latest additions to the exchange are ACD and HEX. Also Read: Gocrypto SLP Token Starts Trading on Bitcoin.com Exchange ACD Token Added to Trading Platform Bitcoin.com Exchange recently added to the trading platform the ACD tokens created by a Tokyo-based company of the same initials. Alliance Cargo Direct is…

At a Refugee Camp in Iraq, a 16-Year-Old Syrian Is Teaching Cryptocurrency Basics

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Over 40% Decline in Canaan’s Stock Price due to Stagnant Bitcoin Price

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In a flip flop scenario, the China-based crypt mining hardware manufacturer Canaan Creative has suffered a sharp decline in its stock price amid a consistent wave of pressure on the price of Bitcoin. On November 21, the first day the company began being traded on the NASDAQ, Canaan’s stock was priced at almost $9; however, the stock’s closing price on December was at around $5.24. Hence, in only a few weeks span, the price of the Canaan’s’s share crashed by over 40%. This deep fall was synchronous with a massive…

Russian Popular Darknet Marketplace Hydra to Raise Capital via ICO

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Hydra, Russia’s world famous darknet marketplace, has set itself a target of raising $146 million through initial coin offering (ICO) in a bid to expand its reach globally. Hydra released an investment memorandum on its darknet website where it revealed its plans for raising money for a global expansion. According to the document, the first phase of the ICO will be initiated on December 16. The crypto token in question will be priced at $100 and will be available on the website’s purchase platform. The memorandum mentioned that buyers who…

Bitcoin Weekly Forecast: BTC Trend Overwhelmingly Bearish

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After struggling to recover above $7,300, bitcoin price started a fresh decline against the US Dollar. The price is currently trading in a bearish zone just above the $7,000 support area. There is a key bearish trend line forming with resistance near $7,260 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The price is likely to accelerate its decline if there is a downside break below the $7,000 support. Bitcoin price is back in a downtrend below $7,200 against the US Dollar. BTC could continue to…

Ethereum Price Weekly Forecast: ETH Primed For More Downsides

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ETH price is trading in a bearish zone below the $142 and $146 resistance levels against the US Dollar. The price is declining and it seems like it could continue to drop below $140. There is a major bearish trend line forming with resistance near $142 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is likely to face a lot of selling interest as long as it is below $146. Ethereum price is struggling to recover and correct higher against the US Dollar, similar to bitcoin.…

Microsoft Revives Nonfungible Tokens, Sparks Industry’s Imagination

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Ever since the game CryptoKitties was released in November 2017, the concept of nonfungible token has been ingrained in the minds of developers and investors in the crypto community. However, 2019 has been the year that NFTs have gained mainstream attention. And it should come as no surprise that even huge, multinational companies are currently developing NFT projects. Recently, Mirosoft’s blockchain-based cloud platform, Azure, released its own nonfungible tokens program called “Azure Heroes” with the aim of rewarding its developer community. Azure Heroes Through Azure Heroes, Microsoft is on a…

Microsoft Revives Nonfungible Tokens, Sparks Industry’s Imagination

boss

Ever since the game CryptoKitties was released in November 2017, the concept of nonfungible token has been ingrained in the minds of developers and investors in the crypto community. However, 2019 has been the year that NFTs have gained mainstream attention. And it should come as no surprise that even huge, multinational companies are currently developing NFT projects. Recently, Mirosoft’s blockchain-based cloud platform, Azure, released its own nonfungible tokens program called “Azure Heroes” with the aim of rewarding its developer community. Azure Heroes Through Azure Heroes, Microsoft is on a…

Bloxroute Releases Blockchain Distribution Network for Ethereum and Bitcoin Cash

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On December 3, the crypto software firm Bloxroute’s cofounder, Eyal Markovich, announced the launch of the startup’s Blockchain Distribution Network (BDN) Version 1. Markovich explained that the BDN V1 release is a milestone for the company and the scalability service aims to enable exponential blockchain scaling by propagating blocks and transactions faster. Also Read: 23 Days Until a Bonded Courier Supposedly Delivers Keys to $8 Billion in BTC The Blockchain Distribution Network Version 1 The startup Bloxroute, a firm dedicated to blockchain propagation software, recently revealed the launch of BDN…