Day: August 24, 2020

A Certified Online Crypto Casino – Blockchain News, Opinion, TV and Jobs

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CryptoGames is an exclusive online crypto casino that comes with an excellent set of attributes and noteworthy features that can meet the expectations of any fervent gambler. The crypto casino is owned and operated by MuchGaming B.V, a Curacao based private company. CryptoGames allows players to gamble using ten different cryptocurrencies. Alongside these users can also use different altcoins to gamble here with the help of CoinSwitch. CryptoGames offers a total of 8 popular casino games that are fun to play and equipped with the most lucrative betting opportunities. CryptoGames…

Istanbul or ‘Coinstantinople’? Inside Turkey’s Bitcoin Bull Market

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Turkish bitcoin users are already waist-deep in a bull run, as partially illustrated by growing exchange volumes. BTCTurk CEO Ozgur Güneri, head of the largest crypto exchange in Istanbul, with the most Turkish banking access of any exchange in the region, said volumes roughly quadrupled over the past year, attracting roughly 100,000 active monthly users by July 2020 out of nearly 1 million accounts.  “August might be the highest volume ever and the highest level of registrations in any month this year,” he said. “This also correlates to the volatility…

Technicals Indicate Ripple (XRP) is About To See Lift-off To $0.30

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Ripple started a steady recovery above the $0.2800 level against the US Dollar. XRP price is likely to continue higher towards the $0.2950 and $0.3000 resistance levels. Ripple remained stable above $0.2720 and recovered above $0.2800 against the US dollar. The price is currently trading above the $0.2840 level and the 100 hourly SMA. There is a rising channel forming with support near $0.2820 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to recover towards $0.3000 as long as it is above…

China’s Blockchain Service Network to launch stablecoin support in 2021

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China’s nationwide blockchain project, the Blockchain Service Network, or BSN, will be integrating stablecoin support in 2021. Yifan He, CEO of Red Date Technology, a major tech company involved in the BSN development, told Cointelegraph that the project will soon start integrating stablecoins. Piloted in late 2019, China’s BSN is a state-backed initiative that intends to support medium-sized businesses in building and deploying blockchain applications.  The exec explained that stablecoins will be used as payment for various services on the BSN ecosystem, including cloud resources. “Only stablecoins can make it…

‘Bitcoin Will Never Ditch You’ Ad Tells HK’s Apple Daily Readers

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Another ad for cryptocurrency has appeared in print media, this time without promoting a specific business or service. A full-page ad for Bitcoin (BTC) appeared on the front page of the Hong Kong-based tabloid-style newspaper Apple Daily today. Though the text appears to be educating readers about BTC, there is no apparent mention of where or how to buy the coin — only a picture of the city’s skyline below an image of a paper airplane flying to the moon.  “Bitcoin will never ditch you,” the ad stated in English…

Key Reasons Why Ethereum Might Not Stay Below $400 For Too Long

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Ethereum is holding a crucial support zone near the $380 level against the US Dollar. ETH price seems to be basing for the next move and it might surge above $400 in the near term. Ethereum is currently consolidating above the $380 and $385 support levels. The price is likely to face hurdles near $395, $400, and the 100 hourly simple moving average. There is a key contracting triangle forming with resistance near $395 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a strong…

Blockchain Can Help in Fight Against COVID

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Japanese Finance Minister Taro Aso suggested blockchain would be key in the world’s battle against the coronavirus pandemic as the technology can be used for contact tracing while ensuring privacy. Aso gave the opening remarks for the Blockchain Global Governance Conference, also known as the FIN/SUM Blockchain & Business, on Aug. 24 in Tokyo. “In the battle against widespread infectious diseases, blockchain provides one solution for contact trading,” he said, while referring to the coronavirus. There are almost 24 million COVID-19 cases around the world, with more than 60,000 in…

New Demand for Cryptocurrencies: Trading on Bitcoin Cash KYC-Free Exchange With Blind Escrow

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Governments are injecting record levels of new money into economies to contain the impact of shutdowns. Restrictions imposed on people in countries all over the world have forced many to look for alternative but safe ways of transacting. This is one reason why blind escrow bitcoin cash trading is increasing: it is not burdening users with KYC requirements. Some countries hit hard by the pandemic like the United States, have reportedly printed more money in less than six months than they have in several decades. Without a doubt, the deluge…

Bitcoin Hesitates, But Break Above 100 SMA Could Trigger A Sharp Rise

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Bitcoin price is currently recovering and trading above $11,500 against the US Dollar. BTC is likely to accelerate higher once it clears the $11,700 resistance and the 100 hourly SMA. Bitcoin is showing a few positive signs and trading above the $11,500 level. The price is testing a major resistance near $11,700 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $11,690 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must settle above the $11,800…

Apple Is Still Blocking Crypto Functionality

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You can download crypto-related applications from Apple’s App Store — be that Coinbase, Binance, Blockchain, or otherwise. But even with this support, the chief executive of Coinbase, Brian Armstrong, says that the technology giant still isn’t entirely friendly towards cryptocurrency. Related Reading: Crypto Tidbits: MicroStrategy’s $250m Bitcoin Purchase, Ethereum DeFi Boom, BitMEX KYC Coinbase CEO: Apple Is Still Against Cryptocurrency In an August 22nd tweet, Brian Armstrong noted that Apple’s policies towards cryptocurrencies remain restrictive, even as Bitcoin has gained legitimacy over the years: “Apple has been very restrictive and hostile…