Day: August 22, 2020

INX Limited Announces Effectiveness of Security Token IPO 

boss

Place/Date: NEW YORK, United States – August 22nd, 2020 at 3:15 pm UTC · 2 min read Contact: Alona Stein, Source: INX Limited INX Limited today announced that the Securities and Exchange Commission (SEC) has declared as effective its registration statement on Form F-1 filed in connection with the initial public offering (the “Offering”) of up to 130 million INX Security Tokens (the “INX Tokens” or “Tokens”). Photo: INX Limited INX has set the Offering price at $0.90 per Token with a minimum investment of $1,000.  It is anticipated that…

Bitcoin Price Risks Dropping Below $10,000 if This Support Level Fails

boss

As the price of Bitcoin (BTC) couldn’t break through the resistance level of $12,000, a retracement did not come as a surprise. In recent days, BTC/USD pulled back to $11,400, a correction of almost 10%. Crypto market daily performance snapshot. Source: Coin360 Meanwhile, gold, silver and other commodities are also correcting due to a slight bounce of the DXY, or the U.S. Dollar Currency Index. What’s more, multiple heavy movers like Chainlink (LINK) and Tezos (XTZ) also showed substantial corrections in recent days. Can this be a moment to buy…

Bitcoin.com Wallet Upgrade Allows Access to Interest Earnings

boss

Bitcoin.com, and its partner, Cred, announced upgrades to its wallet that allow easy access to crypto earnings. Bitcoin.com’s wallet features integration between Bitcoin.com and Cred’s CredEarn platform. Users can now access CredEarn without leaving the wallet app, letting them pledge digital assets and receive interest payments in another asset. It can be accessed through desktop and mobile devices. Additional updates include immediate access to daily compound interest and interest payouts in the user’s cryptocurrency or stablecoin of choice. Cred and Bitcoin.com said their integration offers a “fee-free ability for customers…

A Storm Is Brewing for Ethereum

boss

The latest findings in Cointelegraph Consulting’s biweekly newsletter suggest that Ether won’t sustain its rally. The 365-day market-value-to-realized-value ratio of Ethereum’s native Ether (ETH) token is currently at a two-year high of 1.88. This indicates that Ether’s long-term holders are presently up 88% on their initial investment, on average. This is the highest average profit for Ether’s long-term holders since February 2018, and there’s a rising incentive to sell and take profits. Over the past 30 days, the collective balance of Ether mining pools has shrunk by more than 80,000…

Former Sega & Atari Executive Joins the NFT Gaming Boom

boss

As part of its foray into the burgeoning non-fungible-token (NFT) gaming sector, NFT gaming ecosystem provider 8Hours Foundation appointed Michael Katz as a member of its advisory board. Katz has a long 25-year tenure within the video game entertainment sector, including top roles in major gaming companies. He was the former president of Atari Video Game Division, president of SEGA in the U.S., and Mattel’s marketing director.  The 8Hours Foundation hopes to strengthen the adoption of its brand-new products launched under the brand VIMWorld with Katz’s addition to its board.…

Former RBI Governor and IMF Chief Economist Sees Value in Bitcoin and Facebook Libra

boss

Raghuram Rajan, former governor of the Reserve Bank of India (RBI) and chief economist at the International Monetary Fund (IMF), sees value in bitcoin, cryptocurrencies, and Facebook-backed libra alongside central bank digital currencies. Former RBI Governor’s View on Bitcoin, Crypto, and Libra Former RBI governor Raghuram Rajan discussed possible future roles of cryptocurrency, particularly bitcoin, and Facebook-backed libra during CNBC’s “Beyond the Valley” podcast, published Wednesday. Rajan was the chief economist and director of research at the IMF from 2003 to 2006 and the 23rd Governor of the Reserve Bank…

Twitter Habits of the Crypto Elite

boss

Many crypto heavyweights use Twitter as their primary tool for sharing information (or even misinformation) about their own projects or other interesting subjects. Some of them even consider Twitter engagement their most important performance indicator. We decided to put the Twitter habits of the crypto elite under a microscope to get a better sense of how they actually engage with the popular social media platform. Android, Apple or Web? For our analysis, we picked 13 crypto entrepreneurs (we measured each Winklevoss twin’s habits independently). To make our list, the subjects…

What Top US Politicians and POTUS Election Candidates Think of Bitcoin

boss

In the cryptocurrency and blockchain sphere, it’s difficult to do away with politicians and vice versa. With the presidential election in the United States slated for later this year, interested parties are doing all they can to sell their dreams and vision for America. That said, vying for a political post doesn’t come cheap. In the run-up to the elections scheduled for Nov. 3, there has been an increase in the number of politicians accepting cryptocurrency donations to fund their campaigns, from senators to presidential candidates. This called for an…

‘Warren Buffett’ Index Predicts Stocks Crash — How Will Bitcoin React?

boss

The “Buffett Indicator” is hinting that the United States’ stock market is currently at dot-com bubble levels, Yahoo Finance reported on Aug. 20. The indicator divides the Wilshire 5000 Index by the GDP of the U.S. Meanwhile, on Aug. 14, Warren Buffett-led Berkshire Hathaway invested in Barrick Gold, the second-biggest precious metal miner in the world. Some analysts said it could benefit Bitcoin (BTC) in the long term as it coincides with this stock market bubble alarm. The historical average of the indicator is 1, and before the dot-com bubble,…

As Bitcoin Rally Continues Decentralized VPN Tachyon Looks for Mainstream Adoption

boss

2020 has been an unpredictable year so far and continues to be so. When remote working became the common norm amidst this pandemic, VPNs turned to be the most underrated tool that caught the need of people in distributed working environments. Earlier this year when Hong Kong citizens hit the street in protest of the Chinese government’s decision to extend Mainland’s law enforcement, they used VPNs to spread messages and coordinate to avoid coming under the scanner. Not long ago, Belarus decided to clamp down on internet services in the…