Sygnum Bank, the first crypto bank licensed by FINMA, announced on April 30 that Ripple’s XRP tokens are now available through its banking services platform. Users can access deposit, exchange, and credit services using the popular digital currency. Based in Switzerland, the bank will now allow the third most capitalized digital token behind Bitcoin (BTC) and Ethereum (ETH) to be used by clients seeking to diversify their direct investments in digital tokens, in conjunction with other asset management products offered. Sygnum customers can use deposits in traditional currencies, such as…
Day: April 30, 2020
Market Wrap: There’s a Bright Side to Bitcoin’s Drop on Worsening Unemployment
Bad U.S. jobless data pulled markets lower Thursday, affecting even bitcoin. But there may be a silver lining for the cryptocurrency. At press time, the world’s largest cryptocurrency was up just 1% over 24 hours at $8,864, with 10-day and 50-day technical indicator moving averages converging, thus signaling sideways sentiment. After bitcoin prices jumped to their highest levels in nearly two months, up as much as $9,478 on Coinbase in early trading Thursday, dismal unemployment numbers cut the gains down to size. Bitcoin trading on Coinbase since April 28Source: TradingView Read…
Market Wrap: There’s a Bright Side to Bitcoin’s Drop on Worsening Unemployment
Bad U.S. jobless data pulled markets lower Thursday, affecting even bitcoin. But there may be a silver lining for the cryptocurrency. At press time, the world’s largest cryptocurrency was up just 1% over 24 hours at $8,864, with 10-day and 50-day technical indicator moving averages converging, thus signaling sideways sentiment. After bitcoin prices jumped to their highest levels in nearly two months, up as much as $9,478 on Coinbase in early trading Thursday, dismal unemployment numbers cut the gains down to size. Bitcoin trading on Coinbase since April 28Source: TradingView Read…
Google Keeps Promoting Crypto Scams Despite Strict Crypto Policies
While Google’s subsidiary, YouTube, is facing a lawsuit for promoting cryptocurrency scams, Google’s advertising platform continues to display fraudulent crypto ads through its advertising network. According to a report by Bitcoin (BTC) crypto exchange, CoinCorner, Google Ads was running an ad for CoinCorner’s phishing clone website, CoinCornerr.com. The issue was reported by CoinCorner’s marketing manager, Molly Spiers, on April 30. Google Ads promotes a crypto scam but doesn’t want to promote a real firm Spiers told Cointelegraph that CoinCorner’s team first noticed the fraudulent ad on Thursday morning after searching…
Cypherium Blockchain Joins Microsoft for Startups
Cypherium blockchain joins the Microsoft for Startups program with the goal of becoming a part of the company’s blockchain-as-a-service, or BaaS, offering in the coming months. Cypherium blockchain uses a combination of proof-of-work, or PoW, and HotStuff consensus algorithms. The latter is also used by Facebook’s Libra project. Libra retreating In a Cointelegraph interview, Cypherium CEO, Sky Guo, said that with the recent changes made to the Libra whitepaper, his project is seemingly the only permissionless platform to use HotStuff: “Also Libra originally planned to become permissionless in the next…
Bitcoin RSI Hits Highest Since June 2019 Top, May Signal Bull Market
The latest rally in Bitcoin has caused the Relative Strength Index to reach shocking highs. Such a reading would typically indicate a pullback is due, however, it can also be a signal that the bull market is back in full force. Comparing the RSI to past Bitcoin bear and bull cycles, provides clues as to what may happen next for Bitcoin price, as the asset inches ever closer to its block reward halving. Bitcoin Price RSI Reaches Insanely Overbought Conditions Following Latest Rally After a chaotic collapse in mid-March on…
Bitcoin Soars Above $9K Mark with Strong Momentum
HomeNewsBitcoin NewsBitcoin Soars Above $9K Mark with Strong Momentum The cryptocurrency market might have had a horrid time over the past few weeks, but things have changed this week. Much of the reversal in fortunes is possibly tied to the upcoming Bitcoin halvening event. Why the Sudden Jump? The world’s biggest cryptocurrency by market cap has been in the doldrums due to the coronavirus-induced market crash over the past weeks, but now it seems to be on course to reach its previous levels. This morning, Bitcoin gained 1.9% to hit…
Introduction à la blockchain
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Qu’est ce que la Blockchain ? Une introduction par Thomas Chataigner, lead blockchain developer à Blockchain Partner Sous-titres français disponibles Filmé le 10 mars 2020 au talkshow “Blockchain : Quel impact sur la supply chain ?” organisé par Garage ISEP à l’ISEP, école d’ingénieurs du numérique à Paris. Photos de l’event : Suivez nous sur vos réseaux ! FACEBOOK : INSTAGRAM : TWITTER : LINKEDIN : #Blockchain #Bitcoin #Ethereum #Tezos #Découverte #Introduction #Français ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube…
Is Binance Getting Too Big? CZ Responds
Cointelegraph conducted an exclusive interview with Binance founder and chief executive, Changpeng Zhao, or CZ, during Virtual Blockchain Week. During the discussion, CZ addressed concerns from the crypto community regarding the size and influence of Binance amid the firm’s increasing acquisitions and horizontal expansions. CZ: ‘the free market works’ On the topic of Binance’s increasing presence within the crypto ecosystem, CZ stated: “I think basically there’s two sides to it.” “So there’s the worry about are we too big or not, and then there is why are users choosing us?…
Второй шанс Ethereum: Как Эфир может вырасти в цене
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Для участия в конкурсе регистрируйтесь в боте: Наш канал в Telegram: —— Ethereum вторая по капитализации криптовалюта, цена которой послушно следует за курсом биткоина. Но если со времен криптозимы BTC смог поднятся до $14 000, то по эфиру мы не увидели даже $400. Чего не хватает ETH, чтобы цена действительно выросла? В этом видео предлагаю обсудить рынок децентрализованных финансов, спрос на децентрализованные приложения и новости о разработке Ethereum 2.0. Что из перечисленного может стать вторым шансом для Ethereum, чтобы он стал чем-то…