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Institutions Definitely Here, Grayscale Reports Best Quarter Ever For Crypto Trusts (ethereumworldnews.com) 10/16/2019 - 1:31am
The markets may indicate otherwise as day traders turn bearish and start to sell again. But institutional investment products such as the Grayscale crypto trusts are growing in popularity as its latest performance report proves. Quarter of a Billion Into Crypto Since their peak this year, crypto markets have lost $160 billion in terms of...
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Facebook’s Libra Charter Signed By 21 Organizations During Meeting in Geneva, Switzerland (ethereumworldnews.com) 10/15/2019 - 3:01am
The Libra charter has been signed by 21 organizations, just days after several high-profile payment processing and e-commerce companies withdrew from the controversial stablecoin project led Facebook. The Libra Association named its board of directors and formed the consortium’s executive team during a conference held in Geneva, Switzerland...
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G7 Group of Nations Warns that Global Stablecoins Threaten Existing Financial System (ethereumworldnews.com) 10/14/2019 - 4:42am
The G7 group of nations has prepared a draft report which notes that globally accessible stablecoins pose a significant threat to the existing financial system. According to BBC , G7’s draft report detailed the different risks involved with digital currency transactions. For instance, even if Libra Association members address relevant regulatory...
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‘No More FUD’: Charlie Lee to Crypto Community on Litecoin Birthday (ethereumworldnews.com) 10/14/2019 - 2:21am
The world’s sixth largest crypto asset had a birthday over the weekend. On October 7 2011, Litecoin was released via an open-source client on GitHub, the LTC network went live a few days later on October 13. It is now eight years old and has outlasted countless other crypto assets yet still receives a disproportionate level of FUD. Nevermind The...
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IRS Will Ask If You Own Cryptocurrency on its New Income Tax Form 1040 (ethereumworldnews.com) 10/13/2019 - 5:37am
The US Internal Revenue Service (IRS), a bureau of the Department of Treasury, recently added a question regarding cryptocurrency ownership to its standard 1040 income tax form for the upcoming tax filing season. A draft of the “Additional Income and Adjustments to Income” section of the latest 1040 form was released. It included a change made to...
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Bitcoin Fractals May Indicate Next Move as Consolation Continues (ethereumworldnews.com) 10/13/2019 - 2:12am
Another day has passed with very little activity on Bitcoin markets. The king of crypto continues to consolidate as its trading channel tightens up in anticipation of another big move. Technical indicators may give us a clue as to which direction BTC will take next. Another Week at Support For Bitcoin Weekends are usually pretty quiet for crypto...
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SEC, CFTC, FinCEN Issue Warning to Crypto Industry to Adhere to Banking Laws (ethereumworldnews.com) 10/12/2019 - 4:15am
The heads of three US financial regulators have issued a warning to the crypto asset industry to adhere to relevant banking laws. In a joint statement released on October 11, signed by Commodity Futures Trading Commission (CFTC) chairman Heath Tarbet , Financial Crimes Enforcement Network (FinCEN) director Kenneth Blanco and Securities and...
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SEC Obtains Emergency Restraining Order Against Telegram’s $1.7 Billion Token Sale (ethereumworldnews.com) 10/12/2019 - 3:29am
The US Securities and Exchange Commission (SEC) has obtained an emergency restraining order against the Telegram Group and its subsidiary TON Issuer. The order has been secured in order to investigate the company’s $1.7 billion token sale. In 2018, The Telegram Open Network #TON raised $1.7B. The round was so successful that the public ICO was...
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Monero Delisted from OKEx, Privacy Coins Zcash, Dash Under Review (ethereumworldnews.com) 10/11/2019 - 4:19am
The South Korean division of Malta-based digital asset exchange OKEX has suspended the delisting of two privacy-oriented cryptocurrencies due to new regulatory guidelines released by the Financial Action Task Force (FATF). The planned suspension of Zcash (ZEC) and Dash (DASH) is currently being reviewed, according to a blog post on OKEx’s official...
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Binance Adds New XRP-pegged Asset to Binance Chain (ethereumworldnews.com) 10/11/2019 - 3:42am
Binance, the world’s largest cryptocurrency exchange by adjusted trading volume, announced on October 10 the issuance of the second digital asset ever on Binance Chain, the exchange’s non-custodial trading platform. Today @Binance 1. @Binance_DEX Lists XRP-BF2 ( $XRP )2. Zero Maker Fee promotion for $BUSD 3. @BinanceJEX ( $JEX ) Tokens Distributed...
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New Ripple Gateway Launched By South African Exchange for XRP-based Transfers (ethereumworldnews.com) 10/10/2019 - 5:27am
Xago, a Cape Town-headquartered fintech firm, revealed on October 9 that it’s launching a Ripple gateway and custom-designed exchange. As noted in the release , Xago’s exchange connects to and utilizes RippleNet, a decentralized network of banks and other financial services providers that facilitates quick and cheap cross-border transfers. Notably...
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ConsenSys Gives Ethereum A Boost: $175k Given to 7 Open-Source Initiatives (ethereumworldnews.com) 10/10/2019 - 4:33am
ConsenSys, a Brooklyn, New York-based Ethereum development studio studio, is awarding $175,000 to seven different open-source projects being developed on the Ethereum (ETH) blockchain. Revealed on October 10, the software development projects include Lighthouse , an innovative Ethereum software client, Tellor , an oracle network for handling off-...
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Chainlink (LINK) Price Strong at $2.70 Amid Positive News Cycle (ethereumworldnews.com) 10/10/2019 - 1:34am
While a majority of altcoins have been faring well over the past week, there has been one crypto asset that has exceeded the expectations of many: Chainlink (LINK). Over the past 10 days, the community-favorite cryptocurrency has gained 50% against the U.S. dollar, surging to $3.10 apiece at the local peak. As of the time of writing this, the...
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Almost 7% of Bitcoin’s Circulating Supply Resides in Exchange Wallets, Demand for “Hard Assets” Is Increasing: Report (ethereumworldnews.com) 10/09/2019 - 5:24am
Nearly 7% of Bitcoin’s (BTC) total circulating supply resides in the wallets of eight major digital asset exchanges, according to The Token Analyst. On October 8, the Token Analyst noted via Twitter that throughout Bitcoin’s history, the amount of the most widely-used crypto assets stored on exchange wallets has been increasing steadily. Exchanges...
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Ethereum Foundation First to Donate to UNICEF’s Crypto Fund (ethereumworldnews.com) 10/09/2019 - 4:48am
Crypto Gets Big Boost as UNICEF Launches Fund Crypto adoption has taken on many forms over the years. On Wednesday, UNICEF made the list of cryptocurrency adoption list that much more diverse when it revealed that it would be launching a cryptocurrency fund. Announced at Ethereum -focused conference Devcon 5 in Japan and via a press release...
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Breaking: Facebook-Backed Crypto Libra to Be Forked to “OpenLibra” (ethereumworldnews.com) 10/08/2019 - 11:35pm
Libra But Forked There we have it folks, Libra, the Facebook-backed crypto asset, is purportedly being forked. Announced at Devcon 5 in Japan just minutes ago, prominent blockchain developers will be forking the blockchain to create something known as “OpenLibra”. The initiative, unveiled by Wireline co-founder Lucas Geiger, is slated to be a...
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Analysts Expect “Big” Bitcoin Price Moves Soon; Will Bulls Step In? (ethereumworldnews.com) 10/08/2019 - 10:50pm
While traders have made much ado about recent price action in the Bitcoin (BTC) market, volatility, in reality, has been extremely low; It’s been over two weeks since the cryptocurrency market has seen a bout of massive volatility — something that is can be improbable in bull and bear macro trends. But, analysts have started to prepare for a “big...
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Encryption Startup NuCypher Raises $10.7 Million in Round Led By Bitmain, Polychain Capital (ethereumworldnews.com) 10/08/2019 - 4:58am
Encryption startup NuCypher raised $10.7 million in an agreement for future tokens (SAFT). The firm’s investment round was led by San Francisco-based Polychain Capital. NuCypher also announced that it has launched its public testnet. The company’s main product is based on proxy re-encryption, which encrypts files being sent to individual and...
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Analysts: Ethereum Strong, May Soon Breakout Against Bitcoin (ethereumworldnews.com) 10/08/2019 - 3:00am
ETH/BTC Ready to Favor Ether Bulls At long last, Ethereum is finally showing some price strength against Bitcoin. The ETH/BTC trading pair, which has been collapsing dramatically for over a year, is purportedly starting to show signs of a bottom and impending bullish reversal. Prominent commodities trader Peter Brandt recently noted that the chart...
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Bitcoin Price to Soon Recover Further: Bullish Fractal Still In Play (ethereumworldnews.com) 10/08/2019 - 1:41am
On Sunday, Bitcoin (BTC) found itself suffering, with bulls failing to step in to save the cryptocurrency from falling through the ever-important $8,000 support level. The price action was so bad that by Monday morning, BTC reached $7,800 — a key level that analysts said would be a “make or break” moment for the cryptocurrency bull market. To the...
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UAE’s Capital Abu Dhabi to Place Land Registry on Blockchain-based Platform (ethereumworldnews.com) 10/07/2019 - 5:34am
United Arab Emirates’ (UAE) capital city of Abu Dhabi is preparing to place its land registry on a blockchain-based platform, according to a press release. The Department of Urban Planning and Municipalities, a government-run agency tasked with managing Abu Dhabi’s development strategy, has teamed up with Indian IT company Tech Mahindra for the...
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Traders Can Now Bet On Libra Failure in New Crypto Futures Offering (ethereumworldnews.com) 10/07/2019 - 5:08am
The likelihood of a Facebook crypto currency actually launching next year is so questionable that a trading firm is now offering bets on whether the social media giant can meet its deadlines. Facebook Crypto Failure? According to a Bloomberg report crypto derivatives exchange CoinFLEX is launching physically settled futures contracts for Libra, or...
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Although blockchain developers have used different approaches, most of them have the same goals. Providing a high level of security, scalability, and a sufficient level of decentralization. Here is a brief look at different projects focused on building fr 10/07/2019 - 2:59am
submitted by /u/kupwjtdo [link] [comments]
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Altseason? Traders Expect Altcoin Breakouts Amid BTC Stagnation (ethereumworldnews.com) 10/06/2019 - 4:56pm
Altseason? 2019 has undoubtedly been a year for Bitcoin so far. Altcoins, which were all the rage in 2017 and early-2018, have been wildly underperforming the market leader, with some of these cryptocurrencies now trading at lower prices than where they started the year. But for some reason or another, traders and analysts have collectively...
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Why Bitcoin: Hong Kong ATMs Have Run Out of Cash, Locals Say (ethereumworldnews.com) 10/06/2019 - 1:06pm
Hong Kong Crisis If you’ve perused the news any time over the past few months, you know there are raging protests in Hong Kong. A large portion of the region’s seven million inhabitants has been angry with moves made by the Hong Kong government and the mainland Chinese government, which include the introduction of an extradition bill that would...
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Blockchain Act: Liechtenstein Becomes First Nation to Launch Comprehensive Crypto Regulations (ethereumworldnews.com) 10/06/2019 - 9:29am
Liechtenstein’s parliament unanimously approved the Act on Tokens and Entities Providing Services Based on Trusted Technologies (TVTG), also referred to as the Blockchain Act. The nation’s parliament passed the Act on October 3. According to local reports , the new law aims to enhance investor protection, prevent money laundering, and establish...
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97% of South Korean Cryptocurrency Exchanges in Danger of Shutting Down: Report (ethereumworldnews.com) 10/06/2019 - 8:54am
South Korea’s regulatory authorities have strongly favored backing blockchain-related projects over decentralized cryptocurrencies. Some recent events confirm that the nation’s government is more supportive of distributed ledger technology (DLT) itself rather than speculative tokens. Around 97% of local cryptocurrency exchanges are in danger of...
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XRP Price Ready to Surge Higher After Positive Ripple News Cycle (ethereumworldnews.com) 10/05/2019 - 2:47am
XRP Price Strong While antagonized by many in the crypto space, XRP may be about to undergo some bullish price action. Prominent commodities trader Peter Brandt, who has notably been overtly critical of XRP’s fundamentals and charts, recently admitted that there is “some chart evidence [to suggest] that XRP is bottoming against Bitcoin”. Seeing...
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Rats Desert Sinking Ship: How PayPal Dumping Libra is Good For Bitcoin (ethereumworldnews.com) 10/05/2019 - 2:21am
Social media giant Facebook has been on the receiving end of a barrage of regulatory pressure since announcing its crypto project Libra earlier this year. As the digital ship starts to spring leaks before it is even launched, the rats are already deserting it. PayPal Pulls Out Global payments giant PayPal has announced its departure from Facebook’...
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In 2019 over 40m cryptocurrency wallets have been created, while in 2016 there were only around 8m digital wallets. These numbers are quite staggering to consider they’re based on the growth of one single crypto wallet provider. (ethereumworldnews.com) 10/03/2019 - 3:25am
submitted by /u/kupwjtdo [link] [comments]
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The Number of Cryptocurrency Wallets Has Been Increasing Exponentially: Statista Report (ethereumworldnews.com) 10/02/2019 - 4:04am
More than 40 million cryptocurrency wallets have been created, as of mid-2019, according to market data provider Statista . The report from Statista revealed that there were only around 8 million digital asset wallets in 2016. The latest numbers from Statista’s report are quite staggering when you consider they’re based on the growth of a single...
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After Ponzi Collapses, Ethereum Fees Fall Under $0.01 Again (ethereumworldnews.com) 10/02/2019 - 12:58am
Over the past few months, an odd trend has been seen: the Ethereum blockchain itself has started to gain traction, even as ETH’s price fell, with there being a large uptick in transaction volumes and overall network activity. It got to a point when last month, the fees that Ethereum users paid to use their network surmounted that of Bitcoin users...
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Why This Billionaire is Skeptical of Bitcoin & Crypto (ethereumworldnews.com) 10/01/2019 - 4:10pm
Crypto Assets Aren’t Viable Crypto assets have been lauded as the future by many Silicon Valley technologists and investors. They believe that this new asset class holds the keys (pun intended) to unlocking another round of technological innovation. However, not everyone in the upper echelons of Corporate America has caught onto this trend. Mark...
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PrimeXBT Expands Referral Program and Launches First CPA Offer for Affiliate Partners (ethereumworldnews.com) 10/01/2019 - 10:37am
Competition across financial markets is hotter than ever and it is causing trading platforms everywhere to consider upping their game. However, one industry leader that has been making waves with its referral program, is upping the ante and expanding the program further. What Is the PrimeXBT Referral Program? PrimeXBT is an advanced trading...
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XRP Poised to Head Higher Against Bitcoin, Analyst Reckons (ethereumworldnews.com) 10/01/2019 - 3:22am
XRP Chart Strong It seems that cryptocurrency bulls are back — at least for now. Over the past 24 hours, Bitcoin has gained 7%, rallying to $8,400 from this weekend’s local low of $7,700. Interestingly, altcoins have managed to keep pace with the market leader, posting similar if not greater gains. XRP , for instance, has hit $0.256, marking an...
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Top US Exchanges Collaborate to Determine Which Cryptos Are Considered Securities (ethereumworldnews.com) 10/01/2019 - 12:21am
One of the major hurdles any crypto project faces in the current industry climate is regulation. The US is one of the most regulated countries regarding crypto and the big issue is whether or not a digital asset is classed as a security or not. Some of the top crypto exchanges have now developed a system to rate tokens on their likelihood of being...
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Bitcoin Hash Rate Slows Uptrend as Fire Scorches Mining Farm (ethereumworldnews.com) 09/30/2019 - 7:40pm
Ouch, Crypto Mine on Fire While Bitcoin is a digital coin, it has a physical component: nodes and miners. A network of tens of thousands of mining machines constantly process transactions and place them into blocks, creating a chain. Due to their physicality, these machines are susceptible to risk. A “mega farm” recently found this out the hard...
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Bitcoin Breaks Above Key Resistance Level; Is a Trend Shift Imminent? (ethereumworldnews.com) 09/30/2019 - 6:55pm
Bitcoin has been facing significant selling pressure over the past several weeks, which came about after the crypto broke below the lower boundary of the long-established descending triangle that it had been caught within for the past several months. Despite this, BTC is currently expressing some signs of bullishness after finding significant...
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XRP Surges 7% as Technical Strength Builds; Here’s What Analysts are Saying (ethereumworldnews.com) 09/30/2019 - 4:56pm
After facing a swift selloff overnight, the aggregated crypto markets have been able to post a strong recovery today, with XRP and most major altcoins surging as Bitcoin reclaims its position within the lower-$8,000 region after briefly dipping to $7,800. Analysts are now noting that XRP’s recent price action has allowed it to form robust...
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Breaking: Ripple Acquires Crypto Trading Firm for European Expansion (ethereumworldnews.com) 09/30/2019 - 4:10am
Ripple Bags Business Deal Just announced minutes ago, crypto-centric fintech startup Ripple has just made an expansion into Iceland. In a blog post , the San Francisco-headquartered company revealed that it has acqui-hired (acquired and hired) Algrim, a cryptocurrency trading firm based in the Nordic country. This move marks the company’s latest...
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ECB President on Libra: Crypto Still “Limited” In Impact on Financial System (ethereumworldnews.com) 09/30/2019 - 2:23am
ECB President Not Too Worried About Crypto… Yet Earlier this year, Facebook famously unveiled Libra to the world. The cryptocurrency project, billed as a way to empower billions, quickly became the talk of the town, with the phrases “ Libra ” and “Facebook’s crypto/blockchain” gracing the notifications of the phones of millions. Unsurprisingly,...
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JP Morgan on What Caused Bitcoin Price Crash to $8,000 (ethereumworldnews.com) 09/29/2019 - 5:20pm
Bitcoin (BTC) hasn’t had the best week. In fact, the cryptocurrency is set to close down some 20% on the week, which is one of the asset’s worst performances since the bearish capitulation seen in November of last year. A bit late to the party, JP Morgan recently came out with its analysis of the recent price crash, trying to explain to clients...
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Bakkt Hype Fades as Bitcoin Nears Critical Support Level (ethereumworldnews.com) 09/29/2019 - 1:48pm
The crypto industry spent the past year musing all the ways that the launch of Bakkt’s physically settled Bitcoin futures product could impact the aggregated crypto markets, but its lackluster launch has faded the hype surrounding the platform, which comes as Bitcoin nears a critical support level. As Bitcoin nears this critical long-term support...
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Analyst Expects EOS to See Further Weakness as Crypto Markets Falter (ethereumworldnews.com) 09/29/2019 - 12:57pm
EOS and most major altcoins have continued to range sideways as Bitcoin reacts to its near-term critical support level at $8,000, which is where it is currently trading at. One prominent analyst is now noting that he expects EOS to see further downwards pressure in the near-term but is also adding that it has the potential to significantly...
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Report: Athletics Giant to Pilot Use of Cardano Blockchain (ethereumworldnews.com) 09/29/2019 - 4:02am
Cardano Sees Massive Adoption Event While Cardano (ADA) has been slipping over recent months, losing its spot as a top ten crypto asset, the blockchain underlying the token recently saw a massive adoption event. As reported by trade publication CryptoBriefing , Input Output (IOHK), a blockchain development studio that is one of the main...
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Massive Ethereum “Ponzi Scheme” FairWin Is Vulnerable, ETH Devs Find (ethereumworldnews.com) 09/28/2019 - 8:23pm
Ethereum Blocks Filling Up As covered heavily by this outlet over recent weeks, the Ethereum network has been seeing more activity than ever before. In fact, the network has been used so much that miners of ETH recently opted to increase the capacity of blocks by 25% — allowing for more transactions to take place and more processes to be completed...
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Analyst Targets 10% Upside for Bitcoin As BTC Manages to Hold $8,000 (ethereumworldnews.com) 09/28/2019 - 4:46pm
After Retaking $8,000, Bitcoin to Recover Further Over the past 48 hours, Bitcoin (BTC) price has started to show some strength. After the brutal drawdowns that were seen early this week, which saw BTC unravel to $7,700 from $10,200 in a few days’ time, this strength has been welcomed. According to one leading analyst, this mild recovery, which...
Bitcoin, Bull, Crypto, Cryptocurrency, ethereumworldnews.com, ethereumworldnews.com, Futures, Mainstream Media, Short
NBA Player’s Crypto Contract Idea Denied: POTUS Candidate Yang “Disappointed” (ethereumworldnews.com) 09/28/2019 - 3:00pm
NBA Not Too Pleased With Crypto Contract Concept Earlier this week, Spencer Dinwiddie, a prominent player of the NBA franchise, the Brooklyn Nets, revealed to media and Twitter that he would be tokenizing a portion of his contract. The proposed Ethereum-based crypto, which was dubbed “$D8” in reference to his initials and jersey number, was slated...
Crypto, Ethereum, ethereumworldnews.com, ethereumworldnews.com, FUD, Jersey, Liquidity, Mainstream Media, Nets, Platform, United States
Fractal Shows Bitcoin Could Drop Lower While Still Maintaining Bull Trend (ethereumworldnews.com) 09/28/2019 - 11:51am
Bitcoin has been caught in the throes of tremendous volatility over the past several days and weeks, which was sparked after Bitcoin broke below the lower boundary of the large descending triangle it had been caught in throughout the summer months. Analysts are now pointing to Bitcoin’s historical trend patterns for guidance on where it is heading...
Altcoins, Bitcoin, Bull, Crypto, Cryptocurrency, DECENT, Ethereum, ethereumworldnews.com, ethereumworldnews.com, Gains, Long, Market, Volatility
Bitcoin Price Collapse Triggered by Bakkt, Perpetuated by BitMEX: Analyst (ethereumworldnews.com) 09/27/2019 - 10:42pm
Why is Crypto Down? This week hasn’t been too nice to Bitcoin. Since the start of the week, the leading cryptocurrency has lost some 20%, failing to break up from a long-term price triangle. This dramatic move — which came as there were optimists calling for Bitcoin to break higher to $20,000 — has left many wondering why the Bitcoin price...
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