Day: July 9, 2020

Blockchain Rockstar ShareRing Teams Up With GDA Capital for Growth Capital & Distribution – Blockchain News, Opinion, TV and Jobs

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ShareRing (SHR) is partnering with the industry-leading merchant bank for blockchain and digital assets GDA Capital. GDA will be providing ShareRing with growth capital and will help to accelerate the distribution of their SHR Token, the native token on the ShareRing Network. “It’s a real privilege to add GDA with their years of expertise under their belt to our growing list of influential partners and key collaborators. They are one of the top blockchain firms in supporting projects through development while also opening doors to numerous key firms in sectors…

Bitcoin News Roundup for July 9, 2020

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With bitcoin headed back up and Brazil’s real hitting new lows, CoinDesk’s Markets Daily is back with another news roundup. While bitcoin’s range play continues, options traders look to be betting on a big move to the higher side soon.  The late Gerald Cotten wasn’t the only investor who failed to make a plan for his crypto, according to a survey by the Cremation Institute. Brazilian crypto users are increasingly turning to USD-pegged stablecoins as the country’s real sinks to record lows against the dollar. Start9 Labs’ Embassy server sets…

Blockchain Bites: CENTRE’s Blacklist, Brazil’s Stablecoin Boom and Coinbase Is Going Public?

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Coinbase is said to be preparing to go public, CENTRE blasklisted a decentralized address and U.S. sanctions on China could trickle down to crypto brokerages. Here’s the story: You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. You can subscribe to this and all of CoinDesk’s newsletters here.  Top shelf Coinbase Listing?Coinbase is reportedly preparing to list on the U.S. stock market sometime in early 2021, according to a Reuters report. Sources said the exchange has already begun the process for a…

Bitcoin Miner Maker Canaan Drops 3 Directors in Possible Boardroom Coup

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Directors of Canaan Creative, a publicly listed bitcoin miner manufacturer, were suddenly dropped from the company’s business registry, prompting speculation of a power grab. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Original

Bitcoin Could be Following Gold’s Price, Signaling a Breakout is Imminent

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Bitcoin’s multi-month consolidation phase has caused its correlation with other assets to degrade, leaving investors to question where it might trend next. One analyst is now floating the possibility that the cryptocurrency’s price is currently lagging just behind that of gold. He points to a potential accumulation pattern that could confirm this notion, as well as a strikingly similar volume trend seen between the two assets. Data shows that the BTC and gold still remain largely decoupled, however, with their correlation degrading in recent weeks. The same data also indicates…

Brave Browser Fork Makes a ‘Bold’ Move Citing Legal Pressure

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Blockchain browser formerly known as ‘Braver’, which originally forked from the open-source Brave browser, rebranded itself to ‘Bold Browser’ earlier today citing legal threats from a ‘certain party.’ Anti-adware fork Braver Browser launched in June following reports of Brave auto-filling the company’s affiliate link into searches for certain crypto exchanges like Binance and Coinbase. Announcing the project in a now-deleted tweet on June 6, the Braver team said it had removed Brave’s referral link injection, adding that the full release was going to delete “all adware”, including the Basic Attention…

Liquid Network Gets Its First General-Purpose Javascript Library

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Blockstream’s Liquid Network is now featuring its own Javascript library for developers to easily interact with the blockchain. Named LiquidJS, it was developed and announced by pTokens, an interoperability project working to bring assets cross-chain. The open-source library simplifies access to the Liquid Network for external applications, with no requirements of setting up dedicated nodes. Thomas Bertani, pTokens’ founder, described it as the equivalent of Ethereum’s web3.js library in a conversation with Cointelegraph. Javascript is currently among the most popular programming languages used by virtually all web applications in some…

Dogecoin Price Soars, Internet Users Search for ‘How to Buy DOGE’

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After the viral TikTok video DOGE is on the rise. Currently, it is the 26th largest cryptocurrency by market cap. Dogecoin price has increased by nearly 15% within 24 hours. After attracting many people in the past week, Dogecoin (DOGE) is still rousing the crypto sector. The recent growth in the Dogecoin price is a result of a viral TikTok video, posted by a James Galante. The trending video has gained over 6,000 likes in less than 24 hours and is approaching 6,000 comments. In the video, James said: “Let’s all…

Stellar (XLM) Hits New Yearly Highs, But Several Indexes Spell Trouble

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Stellar Lumens is back in the spotlight of the cryptocurrency market after the impressive bull run it has gone through in the last three days. The cross-border remittances token surged over 50% to hit price levels not seen in over a year. As the buying pressure behind it skyrocketed, XLM reached a new yearly high of nearly $0.10. Stellar Lumens Rises to New Yearly Highs. (Source: TradingView) Market participants seem to be growing overwhelmingly optimistic about what the future holds for Stellar Lumens. However, different metrics estimate that a correction…

Ripple’s XRP 57,000 Times More Environmentally Friendly Than Bitcoin

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Ripple Labs has said XRP is much more energy-efficient than Bitcoin as it was designed with sustainability in mind. Ripple Labs has indicated that XRP is 57,000 times more environmentally friendly than Bitcoin (BTC). The company said this in a recent blog post titled: “The Environmental Impact: Cryptocurrency Mining vs. Consensus”. It comes as XRP prices gained over 3% in the last 24 hours. At the time of filing this report, XRP price was at $0.206573 (+3.71%). In the report, Ripple considered the sustainability of money. The company also said…