Libra Testnet Surpasses 50,000 Transactions Since September Launch

The Libra testnet has logged over 51,000 transactions since it was reset in September, with 34 projects having been developed on the network according to an update released by The Libra Association last week. In a blog post titled “Five months and growing strong: the Libra project,” the project’s lead developer, Michael Engle, said, “It’s been just five months since we announced the Libra project on June 18, 2019, and nearly a month since the Association charter was signed by its members in Geneva. We’ve been working diligently to build the…

Chinese Military Eyes Blockchain Technology for Rewards Programme – Boosting Training and Gamifying System

About Richard Kastelein Founder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 1500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat. Irish Tech News…

XRP & Crypto Price Manipulation & Ripple CTO ‘Down for Maintenance’

If you have been invested in XRP or cryptocurrency for the past two years you will be acutely aware of the fact that the market is heavily manipulated. If like me, you are not a billionaire you may be wondering how such rampant price suppression is tolerated or even possible. It turns out not only is price manipulation easy to achieve for the people at the top, it has been going on for decades in most other markets out there. If we go back to the internet revolution of the late…

Bitcoin Price Key Pattern Is Suggesting 68% Chance of Bullish Reversal

Bitcoin (BTC) closed the week down almost 6% at $8,500. Altcoins performed slightly better than BTC but collectively also closed lower for the week, down 3.5% against the dollar. Bitcoin dominance remains relatively flat and continues to hold 68% of the total share of the cryptocurrency market. Monday has brought lower prices on open with Bitcoin down around 0.75% and the rest of the market following suit.   After a slow start to the week, let’s take a closer look at the price action to determine if there is any change…

Ethereum Price Technical Analysis (Nov. 18): Further Correction Is Probable

When looking at the chart below we can see that Ethereum (ETH)trade is currently trading at $184. It can also be observed that the second-largest cryptocurrency’s price is trading within the channel with the upper limit at around $185 acting as resistance and the lower limit of the channel at around $181 is acting as support. This is also confirmed by a formation of an evening star pattern, which is a bearish reversal pattern. Dow Theory The virtual currency is currently appearing in the the accumulation phase. This is the…

US Presidential Candidate Andrew Yang Presents his Crypto Regulation Approach

In one of his several pro-Bitcoin letters, the Democratic Party’s presidential candidate Andrew Yang carefully laid out the groundwork on how technology should be regulated, including of course crypto. Reflecting on the negative impacts of technology on the nation, the philanthropist and entrepreneur Yang touched on how much technology has affected the minds of the young and how much worse it is now to regulate the space. Yang further pinpointed the struggle through which government agencies are going just to bring the tech space under control. Highlighting Facebook’s boss Mark…

Visa’s Rolls Out New Blockchain LucidiTEE – Tackles Concerns related to misuse of sensitive user data, when shared with third-parties.

About Richard Kastelein Founder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 1500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat. Irish Tech News…

Financial Crimes Enforcement Network Head: Crypto Exchanges Must Verify Identities

In a conference hosted by the blockchain analysis company Chainalysis, the Director of Financial Crimes Enforcement Network (FinCEN) Kenneth Blanco stated that the U.S government will be observing a strict implementation of the “Travel Rule.” According to the “travel rule,” any entity engaging in cryptocurrency exchange is required to share their customer’s identity, beneficiaries and identity of the original parties if the exchanged amount is $3,000 or higher. These entities can range from wallet service providers to digital asset exchanges. The decision was long pending and is not a shocking…

Opera-Backed Fintech OPay Seals $120M Investment to Grow Across Africa

Lagos-headquartered fintech Opay has sealed $120 million in a series B financing round from a host of high-profile Chinese investors. Founded in 2018 by web browser developer Opera, OPay — which focuses on developing digital payments solutions to promote financial inclusion — had previously raised $50 million in June of this year, according to what Opera’s spokesperson told Cointelegraph.  Opay to extend payments solution across Africa According to a Nov. 18 report from TechCrunch, Opera’s OPay reportedly intends to use the new Series B $120 million round to scale and…

Too Many Unknowns Influencing the Bitcoin Price. Where Could It Go?

Too Many Unknowns Influencing the Bitcoin Price. Where Could It Go? November 18, 2019 by Ramiro Burgos The bitcoin price could test $8,000 USD again before starting a reverse reaction, which could consolidate again on a $10,000 level axis. How likely is that? Well, you’ll have to read our weekly technical analysis and see. Also read: Bitcoin Price Tour: The Road From $8K to $12K Bitcoin Price Technical Analysis Long-Term Analysis Following the path of the different developing theories, like Gann’s Angles and Fibonacci s Retracement Numbers, the bitcoin price seems…