Month: December 2019

Did 2019 Deliver on All That Was Promised for the Crypto Industry?

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Disappointment isn’t always a bad thing. It can be a spur, motivating one to work harder to meet expectations and goals. It is in this spirit that Cointelegraph informally surveyed members of the crypto community about this past year’s unfulfilled industry promises. Here are some of 2019’s biggest disappointments: Adoption missing? Where are the giant blockchain or crypto projects — enterprises that seize the imagination, rivet the public’s attention, and quiet the crypto skeptics? As Nouriel Roubini noted last year, “[Blockchain] still has only one application: cryptocurrencies.” Many in the…

You Can Now Buy Cryptocurrency With Credit Card on Bitcoin.com Exchange

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Users can now purchase cryptocurrency with a credit or debit card on Bitcoin.com’s premier trading platform via a new partnership with Moonpay. The Bicoin.com Exchange has been rapidly expanding its offerings by adding new SLP tokens. Also Read: Gocrypto SLP Token Starts Trading on Bitcoin.com Exchange Bitcoin.com Exchange Offers New Fiat Gateway Bitcoin.com Exchange has announced that it has added the option to buy cryptocurrencies with credit and debit cards to the platform. This milestone has been achieved in partnership with Moonpay, a fiat-crypto payment provider that has already equipped…

Apple May Remove Coinbase’s Mobile DApp Browser from App Store

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After Google removed Ethereum-based decentralized application (DApp) browser MetaMask from its Android application store, Apple may now force Coinbase to remove the DApp browser feature from its crypto wallet application. According to a Reddit post published on Dec. 28, United States-based cryptocurrency exchange Coinbase warned its users that in order to comply with Apple’s mobile App Store policy, it might be forced to remove the DApp browser feature from its wallet application. Coinbase CEO Brian Armstrong commented on the post: “Coinbase CEO here. This is really unfortunate to see. Apple…

Asia’s central banks are ahead in the race to develop their own digital currencies

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China is expected to be among the world’s first few central banks to roll out a sovereign digital currency to join the US$25.9 trillion e-payment market currently dominated by Alipay, WeChat Pay Collaboration between Hong Kong and Thailand is expected to help companies save costs incurred in cross-border payments Asia is a step ahead of other regions in developing central-bank digital currencies, with China, Hong Kong and Thailand set to roll out sovereign virtual tokens as a means of payment and to better monitor money flows. One thing these central…

SEC’s Cryptomom Talks New Rule Changes and Meaning for Crypto With Cointelegraph

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As one of five commissioners of the United States Securities Exchange Commission, Hester Peirce is at the forefront of securities regulation in the country today. Of interest to Cointelegraph’s readers, her positivity toward the future of cryptocurrencies has earned her the moniker “Crypto Mom.” Backdropped by recent efforts to update exemptions from security offering registration, as well as an ongoing tug-of-war with legislators as to how to handle crypto, Commissioner Peirce sat down with Cointelegraph to discuss recent changes in regulatory approach and what to look for in the next.…

Bitcoin Price Could Rally to $9K Before a Massive Collapse, Here’s Why

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Bitcoin price (BTC) has been in a sidewards range for several weeks now, with some people on team bear calling for fresh lows in the region of $3,000 while the bulls have been calling for astronomical all-time highs soon. One thing that is apparent in the market, is that you have to take it one week at a time. With Bitcoin currently heading towards the mid-$7,000 range, is it time to flip bullish? Or is this yet another low liquidity Sunday pump to create CME gap-filling opportunities? Daily crypto market…

Ripple’s XRP Sell-Offs ‘Negligible’ Says CTO as Crypto Stays 95% Down

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A senior executive at blockchain payment network Ripple has publicly defended the company against fresh criticism of its associated cryptocurrency, XRP. In an ongoing Twitter debate, David Schwartz, Ripple’s chief technology officer, rebuffed a claim that XRP was designed as a revenue stream for the company. Schwartz: XRP does not make Ripple richer The argument followed further tweets from sources including ex-Bitcoin Core developer Peter Todd, who alleged Ripple’s partners had told him they were not prepared to use XRP. Schwartz protested: “Nobody buys XRP to give Ripple money to…

Bitcoin Users Stock Up as Data Shows Average Price Never Went Bearish

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Bitcoin (BTC) never saw a bear market in 2019 — and the evidence is easy to find on the blockchain, according to some prominent figures. Data covering various metrics shows that despite recent price volatility, Bitcoin has held strong throughout its eleventh anniversary year. Investors echo that resolve — as the numbers confirm, so-called “hodlers” are more attached to their stash than ever before. One BTC price is in a perpetual bull market BTC/USD has dipped significantly several times since September. The pair’s rapid rise and fall triggered predictable warnings…

Top-5 Cryptos This Week: BCH, BSV, ETC, EOS, ATOM

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Swiss finance minister and outgoing president Ueli Maurer believes that one of the most ambitious crypto projects of 2019, Facebook’s Libra stablecoin, will not be accepted by regulators in its current form. Though Libra has not seen the light of the day, it has forced a number of central banks to take cryptocurrencies seriously. China could be one of the first developed nations to launch a central bank digital currency. Though cryptocurrency trading is banned in China, the regulators are worried about its comeback. The Chinese government wants to ensure…

Mike Novogratz Says Bitcoin Will Hit $12K in 2020, Bets 1 ETH on Trump

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Bitcoin (BTC) will hit $12,000 in 2020 as markets recover from fresh suppression, one of its most outspoken investors has said. Mike Novogratz, co-founder of cryptocurrency merchant bank Galaxy Digital, made the “$btc finishes over 12k,” remark as part of his new year predictions in a tweet on Dec. 28. Novogratz bets on Trump and BTC Long an advocate of Bitcoin, the entrepreneur also believed United States president Donald Trump would lose the upcoming presidential election by at least 10 million votes. As Cointelegraph reported, Trump is a critic of…