• Bitfinex Vs. New York AG Case: $850 Million Lost? Here are the Facts and Updates
    Bitfinex has responded to the claims of the Attorney-General of New York who accused the Exchange of covering up “missing funds” to the tune of $850 million. In the statement, AG Letitia James mentioned that the firm had transferred $850 million to a Panamanian firm, Crypto Capital Corp. Furthermore, she also said that Crypto Capital had apparently lost all the funds. The New York AG accused Bitfinex of allegedly giving itself arbitrary access to $900 million worth of TUSD without any formal custody arrangement or deposit to cover $850 million lost at the firm. Attorney General’s Claims Attorney-General (AG) of New York, Letitia James, specifically accused the firm of covering up to $625 million, transferred out of tethers bank accounts to an unknown account. AG mentioned that these funds never made it to the designated deposit arrangements, but were done to cover up the $850 million lost at Crypto Capital. According to the AG, Crypto Capital had refused or was unable to process withdrawals during Q2 of 2018. The New York AG mentioned that executives “fraudulently shifted most or all of Bitfinex’s risk of loss of several hundred million dollars onto Tether’s balance sheet, but continued to represent to the ... read more
    Source: CoinGapePublished on 2019-04-26By Nivesh Rustgi
    3 months ago
  • Circle’s SeedInvest Takes Step Toward Tokenizing Stocks With Trading License
    SeedInvest, the equity crowdfunding platform owned by crypto startup Circle, just got a license to facilitate trading of traditional securities. ... read more
    Source: CoindeskPublished on 2019-04-26By Nikhilesh De
    3 months ago
  • Bitfinex vs NY State Attorney General: Blockchain evangelist calls out New York for double standards
    Bitcoin [BTC], the largest cryptocurrency by market cap, fell considerably after news pertaining to Bitfinex, a leading cryptocurrency exchange and Tether [USDT], the largest stablecoin by market cap, broke out. Bitcoin lost around $400 within a few minutes, resulting in a domino effect that pulled down the prices of other cryptocurrencies as well. A report published by WSJ stated that New York’s Attorney General, Letitia James, accused Bitfinex of covering up a loss of around $850 million with Tether reserves. The report further stated that this incident, which took place in mid-2018, “drained” around $700 million of the stablecoin’s reserve. This, in turn, resulted in an open investigation being ordered by the court against both the exchange and the stablecoin. The exchange was quick to respond, stating that the filings “were written in bad faith” and “riddled with false assertions,” which included the platform incurring a loss of around $850 million. The news led to several influencers, including Caitlin Long, the Co-Founder of Wyoming Blockchain Coalition, commenting on the subject. She went on to state that she was “stunned”, but “not surprised” with the news. However, the blockchain evangelist also stressed that there was a “big double standard”, adding that ... read more
    Source: AMB CryptoPublished on 2019-04-26By Priya
    3 months ago
  • Australians Can Now Buy Kebabs with Bitcoin, But Will They Want to?
    Origin Kebabs, an Ozzie favorite fast food chain, is now accepting bitcoin payments and even support lightning payments. But will people really want to use their digital gold to buy kebabs? The Dutch Proved That Bitcoin Is for HODLing Despite forming its first golden cross since its 2015 bottom, Bitcoin may not be out of the woods yet. However, it’s certainly piquing interest again and is more popular than Elon Musk and SpaceX combined, according to Google. But as the majority of the community has demonstrated time and again, they don’t want to spend their bitcoin on everyday items. Arnhem in the Netherlands was labeled the world’s most bitcoin-friendly city, accepting bitcoin payments for anything from Dutch open sandwiches to sporting equipment. But after the first wave of hype died down, the people who spent there felt rather foolish. After all, buying a T-shirt for $20 worth of BTC on one day is no great shakes. Watch the price skyrocket afterward and you’re stuck with a fading T-shirt in your closet when you could have had $1,000 of bitcoin in your wallet. Australians Can Now Get Kebabs with Bitcoin Payments Don’t get me wrong. Raising awareness ... read more
    Source: BitcoinistPublished on 2019-04-26By Christina Comben
    3 months ago
  • Prominent Investor: Institutions are Paying Attention to Bitcoin, Sentiment is Changing
    Anthony “Pomp” Pompliano is back at it again with his relentless attempts to convince institutions, high net-worth individuals, and the public at large to delve into cryptocurrencies, especially Bitcoin (BTC). As many on Crypto Twitter would say, Pomp it! Wealthy Families Listen In On Bitcoin Presentation  Thursday did see the cryptocurrency market hit by news that a “black swan” event is on the horizon, which some fear could crash BTC by thousands of dollars, but push to financialize this sector hasn’t slowed. Related Reading: Bitcoin (BTC) May Have Bottomed, But Crypto Could Still See A “Black Swan” Event In a Twitter post published on Thursday morning, Pompliano, a partner at industry investment group Morgan Creek Digital, revealed that at a symposium of some of “the wealthiest families in the world,” he explicitly shilled Bitcoin. While the talk wasn’t recorded, Pompliano, a Facebook staffer-turned-crypto and decentralization diehard, claims that the families were “listening.”
    I just spent 40 minutes in front of some of the wealthiest families in the world to explain Bitcoin. They’re listening. Sentiment is changing. We’re early but each of these families will eventually #GetOffZero. pic.twitter.com/Pet8gMFFdx — Pomp (@APompliano) April 25, 2019 He adds ... read more
    Source: News BTCPublished on 2019-04-26By Nick Chong
    3 months ago
  • Ledn and Cryptobuyer Partner to Provide Crypto Loans in SA
    Suffering crippling economic mismanagement, many South Americans have eagerly embraced cryptocurrency ... read more
    Source: Finance MagnatesPublished on 2019-04-26By David Kimberley
    3 months ago
  • Reliable Bitcoin Betting Site
    Unlike other offices, this company uses cryptocurrency for all its transactions, which is very much appreciated in modern conditions. Thanks to the bitcoin betting site 1xbit.com, it is easy to keep abreast of all the latest news from the world of sports and regularly convert your knowledge into profits. The company has been working in this market segment for several years already and therefore is ready to offer the registered users favorable conditions for cooperation. They are demonstrated primarily by special loyalty programs and bonus incentives that are provided to the users here. The bitcoin betting website is ready to offer its users the following advantages: A good line of confrontations from around the world. It includes dozens sports. Football, basketball, tennis, hockey, volleyball, boxing — all this and much more can be found here in the fullest extent; this will allow you to make a qualitative step forward in terms of income. Beneficial coefficients. Such an offer is relevant for both the prematch and live mode. No problems with the conversion of funds. Due to this, it will be easy for users to integrate into this market segment. Moreover, the office is ready to create special conditions for bettors who ... read more
    Source: ZyCryptoPublished on 2019-04-26By Guest Author
    3 months ago
  • Investments in Blockchain Startups are Growing Despite Instability of Cryptocurrency Market
    Source: Coin IdolPublished on 2019-04-26
    3 months ago
  • Ethereum On a Bearish Path to $150 As Crypto Market Loses Over $6 Billion In Less Than 1 Hour
    Ethereum On a Bearish Path to $150 As Crypto Market Loses Over $6 Billion In Minutes The last 48 hours have been dramatic for the market. The market bulls began by inspiring a rally, one which looked promising especially for altcoins. But, the bears proved to be strong as they stopped the move dead in its track. Their entry into the market has now further seen the market backtrack and a couple of cryptocurrencies retest key support positions. Ethereum, which was enjoying moderate gains through the attempted surge, seems to have come out worse with the bears getting a tight grab at it. The recent drop has seen the market wipe out more than $6 billion. At the time of press, the total market cap is a little below $171 billion. If the bearish momentum is to extend, the market will be hitting below $170 billion soon. Ethereum (ETH) Drops By 5% At the time of press, Ethereum is struggling to stay above the $155 position after a drop of around 5%. This is significant as it sees Ethereum retest key support positions it has avoided in the last couple of weeks and with it comes the risk of ... read more
    Source: ZyCryptoPublished on 2019-04-26By john kiguru
    3 months ago
  • Ripple partners with Saudi British Bank to launch international instant remittance service to India
    Ripple is making progress in extending its services across the world and according to recent reports, Ripple is bridging the gap between India and Saudi Arabia with a new, fast, and cost-effective remittance corridor with Saudi British Bank [SABB]. Ripple’s Managing Director for South East Asia and MENA, Navin Gupta, made the announcement through his Twitter handle. Gupta tweeted,
    “Launch of SABB’s remittance corridor to India at FSC 2019 by Majed Najm. Customers can enjoy the benefit of Ripple’s blockchain tech delivering transparent and real time payments from KSA to India.” This new remittance corridor was unveiled at the Forest Stewardship Council, 2019, and was launched by HSBC Saudi Arabia’s CEO, Majeb Najm. The remittance corridor that leverages Ripple’s Blockchain tech was introduced to enable customers in Saudi Arabia to transact with transparency and transfer funds to India in real-time. Indians constitute the second largest demographic in Saudi Arabia and this new initiative by SABB will help Indian nationals send money home. SABB joined hands with RippleNet in 2019 over one of Saudi central bank’s pilot program, however, no official partnership announcement was made earlier. The recent announcement establishes a firm partnership between the two firms and ... read more
    Source: AMB CryptoPublished on 2019-04-26By Namrata Shukla
    3 months ago
  • Nucleus Vision, Using Blockchain and IoT to Bring Valuable Customer Insights to Retailers
    Although online retailers have more insight into their customer base than ever before, traditional brick-and-mortar stores are struggling to keep up with shifting technology, and footfall is dropping. Online stores can use a wide suite of tools to define shopper personas, retarget the most likely to convert customers based on their previous online shopping habits, and likewise, access a wide range of social data to show adverts to their perfect target audience.
    Abhishek Pitti, Founder, and CEO of Nucleus Vision Now, there’s one company who want to bring these benefits to the traditional shopping experience, boosting both customer satisfaction, and increasing sales for retailers. Blokt caught up with Nucleus Vision Founder and CEO, Abhishek Pitti, to find out how its technology was changing the way retailers interact with their customers. What is Nucleus Vision? Founded in 2014, Nucleus Vision is an internet of things (IOT) and blockchain based technology solution, which provides previously inaccessible customer insights to offline, brick-and-mortar retailers, to offer similar insights to those that online retailers enjoy. Nucleus Vision was first established by Abhishek Pitti at Harvard Business School and has since received backing by prominent Silicon Valley venture capitalist Tim Draper, among others. In 2018, ... read more
    Source: BloktPublished on 2019-04-26By Elliot Hill
    3 months ago
  • Crypto Divided Over Tether, Some “Unequivocally” Bullish On Bitcoin
    What many thought would never happen did on Thursday. Just days after Tether Limited, the company behind the USDT stablecoin, minted $300 million worth of its crypto asset, reports revealed that its operator, iFinex, may be on thin ice. It was claimed that prominent Bitcoin (BTC) exchange Bitfinex was unable to keep up with customer withdrawals in late-2018, leading to the exchange dipping into Tether’s pockets. Related Reading: Hacked Bitcoin Moves: 300 of Bitfinex Users’ BTC Moves for the First Time Some have seen this news as decidedly bearish for cryptocurrencies, but others are sure that this is just a flash in the pan. In other words, analysts are divided as normal. Crypto Exchange ‘Borrowed’ $625M From Tether For those who missed the memo, here’s a brief recap: On Thursday, the New York Attorney General’s (NYAG) office published a press release, in which it was stated that Bitfinex and Tether were in violation of New York law through participation in activities that “may have defrauded” local cryptocurrency investors. Letitia James, the Attorney General herself, explained that the two firms may have “engaged in a cover-up” to hide the “apparent loss” of $850 million, which was a result of a payment ... read more
    Source: News BTCPublished on 2019-04-26By Nick Chong
    3 months ago
  • 71% of Monfex Traders Realized Substantial Profits After Bitcoin Surged Up 25%
    Source: Coin IdolPublished on 2019-04-26
    3 months ago
  • Saudi British Bank releases Cross-Border Instant Payments Service using Ripple
    Saudi British Bank a Riyadh-based Saudi joint stock company releases Cross-Border Instant Payments Service powered by Ripple ... read more
    Source: CryptoGroundPublished on 2019-04-26By Vishal Sancheti
    3 months ago
  • Augur Price Analysis: Overstretched REP Market Might Be in Need of a Correction
    Augur price $22 Key REP resistance levels $26, $30 Key REP support levels $18, $14 *Price at the time of writing Augur long-term price prediction: Neutral In mid-December 2018, REP started a bullish reversal from a $5.5 low as the price action continued to rise with an ascending trend line formation which seemed to be a retracement level for this market. Moving upward, the fast 21-day simple moving average waves along with the price action, checking for an impulsive flow and a retracement flow. Buy/Sell Augur (REP) How to buy Augur (REP) on Binance? As of today, the REP market is up by approximately 200% in the last four months of trading with the current price sitting at $21.9. After the bearish signal on April 8 with a long-wick Doji candle, the token had been resting alongside the 21-day SMA. This is a signal that the pair is about to change direction. If the trend plays bullish, we can look for a high at around $26 - $30. However, a bearish play is likely to locate strong support on the white-dotted ascending line while testing $18. On the daily RSI, REP ... read more
    Source: CoinCodexPublished on 2019-04-26By Michael Fasogbon
    3 months ago
  • Indian Government Again Discussing Ban on Cryptocurrencies: Report
    The government of India is said to be renewing its efforts to completely outlaw public cryptocurrencies, according to The Economic Times. ... read more
    Source: CoindeskPublished on 2019-04-26By Yogita Khatri
    3 months ago
  • Volkswagen, BMW, Ford, Renault: Why World’s Car Manufacturing Giants Turn to Blockchain
    Source: Coin IdolPublished on 2019-04-26
    3 months ago
  • Bitcoin (BTC) Rolling Back Losses, Bulls Stand a Chance As Sentiment Change
    After another Tether (USDT) related scandal triggering a mini-crash, Brian Kelly, the CEO of a digital investment firm BKCM LLC says he is a crypto optimist. As an experienced analyst who is “generally right about 60 percent of the time“, his outlook is upbeat and is sensing opportunity despite repeated challenges.  With this, the “The Bitcoin Big Bang — How Alternative Currencies Are About to Change the World” author has reasons to believe that Bitcoin is 50 percent undervalued and that while prices may dip, the dreaded bear market is over. Of the massive market walkouts, in an exclusive interview with CoinTelegraph, Brian said: “The sellers that we’ve seen recently are almost forced sellers. Some CEOs had to raise cash because they say they “can’t hold it in crypto all the time.” All the same, Brian is not the only the one with such strong sentiments regarding Bitcoin’s undervaluation. Fundstrat Global Advisors’ Thomas Lee, a Bitcoin perma-bull may have gone overboard about Bitcoin’s ability to rally beyond the $25,000 mark in 2017, eating humble pie, but he is as optimistic as ever. Then, Lee projected Bitcoin’s fair value at around $14,800 but prices crashed below this mark, tanking ... read more
    Source: Ethereum World NewsPublished on 2019-04-26By Dalmas Ngetich
    3 months ago
  • Huobi DM Adds TRX to Its Listing
    The TRX contract will offer leverage of up to 20:1. ... read more
    Source: Finance MagnatesPublished on 2019-04-26By Arnab Shome
    3 months ago
  • Basic Attention Token Price Analysis – BAT Battling At $0.40 – Can The Bulls Head Toward $0.50 Again?
    Basic Attention Token Price $0.386 Key BAT Resistance Levels $0.40, $0.43, $0.45 Key BAT Support Levels $0.36, $0.34, $0,32 $0,30 *Price at the time of writing Basic Attention Coin has seen a rough 24 hour period where price action has fallen by 10%. The market is currently trading at a price of around $0.3961. Despite the recent decline, BAT has seen a superb price increase over the past 30 days which totals over 70%. Furthermore, BAT has seen an extremely impressive 90 day run in which the coin has increased by over 200%. The 23-month-old project is now ranked in 22nd position amongst the top-ranked cryptocurrencies by market cap value. BAT holds a $479 million market cap value and currently trades at a price that is -55% lower than the previous ATH price. Buy/Sell Basic Attention Token (BAT) How To Buy Basic Attention Token (BAT) On Binance BAT Price Analysis What Has Been Going On? The great run that BAT has experienced had started toward the end of February 2019 when we can see BAT climbing above the 100 day moving average level, an incredibly strong bullish signal. After ... read more
    Source: CoinCodexPublished on 2019-04-26By Yaz Sheikh
    3 months ago
  • New York’s Attorney General Accuses Bitfinex of Performing Illicit Transactions With Tether Funds
    The New York Attorney General’s office accused the owners of the cryptocurrency exchange Bitfinex of using Tether funds to cover a loss of $850 million. The information was […] The post New York’s Attorney General Accuses Bitfinex of Performing Illicit Transactions With Tether Funds appeared first on UseTheBitcoin. ... read more
    Source: Use The BitcoinPublished on 2019-04-26By Carlos Terenzi
    3 months ago
  • Bitcoin [BTC] and Litecoin [LTC] Price Analysis: Coin prices dip as bullish momentum stalls
    The cryptocurrency market witnessed a significant drop today, with the collective market cap falling to $170.9 billion following the Bitfinex-Tether episode. At press time, Bitcoin [BTC] held a market cap of $93.60 billion and was priced at $5,298, registering a 24-hour trading volume of $17.92 billion. The largest crypto-asset on CoinMarketCap fell by 2.83% over the past 24 hours. BTC’s silver counterpart, Litecoin [LTC], was struggling below the $80-mark and fell by 0.55% over the last 24 hours. It recorded a 24-hour trading volume of $3.24 billion. The fifth largest digital asset held a market cap of $4.47 billion and was priced at $72.66. Bitcoin [BTC] Source: TradingView The one-day BTC chart recorded an uptrend from $4,192 to $5,210, along with a downtrend from $6,451 to $5,309. The immediate resistances were at $5,654 and $6,467, while the supports stood at $4,036, $3,789 and $3,469. Bollinger Bands: The mouth of the bands depicted a stagnant price market phase for Bitcoin. Awesome Oscillator: The closing bars of the indicator were red and indicated a bearish pattern for the coin. Chaikin Money Flow: The CMF was above the zero-line, indicating that money was flowing into the coin market. Hence, a bullish price trend for BTC was recorded. Litecoin [LTC] ... read more
    Source: AMB CryptoPublished on 2019-04-26By Chayanika Deka
    3 months ago
  • Tether (USDT) Losing 30% Of Its Market Cap A Blow, BitConnect Tokens?
    Tether and BitFinex have been hovering from controversy to controversy in the last few months. Now, the boat has been rocked again as the New York State Attorney General is suing iFinex, the company behind Tether Limited and Hong Kong’s BitFinex for alleged fraud. New York AG sues BitFinex and Tether The New York State Attorney General is suing cryptocurrency exchange, BitFinex, and Tether, the parent company behind USDT stable coin for fraud. According to a report by the Wall Street Journal, the scam involves roughly $850 million. The AG’s office in their lawsuit reveals that BitFinex lost $851 million via Crypto Capital, a payment processing company in Panama. The payment firm handles withdrawal requests for the cryptocurrency exchange due to lack of reliable banks available for BitFinex to deal with. Read: Crypto Analyst Sees Bitcoin (BTC) Potentially Falling Further, Even After Drop To $5,200 Off Tether News Documents from the Office of the AG reveals that $851 million of BitFinex ’s funds were either lost or stolen and Tether withdrew $700 million from its reserves to cover the loss. Thus, this implies that the $2.6 billion Tether reserve funds are actually not up to that amount. The AG’s ... read more
    Source: Ethereum World NewsPublished on 2019-04-26By Dalmas Ngetich
    3 months ago
  • Wirex to Develop 26 Stablecoins on Stellar Following Listing of XLM
    Wirex and Stellar have entered into a potentially long-term partnership as it was announced on April 24, 2019, that XLM has been added to the Wirex roster as well as the future creation of 26 stablecoins. Teaming Up Great news for Stellar users as XLM has now been added to the Wirex platform as announcedRead MoreRead More. The post by Tokoni Uti appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News ... read more
    Source: BTC ManagerPublished on 2019-04-26By Tokoni Uti
    3 months ago
  • DeFi Upstart Dharma Brokers $6.4 Million in Crypto Loans in First 3 Weeks
    Riding a wave of interest in crypto lending, Dharma is becoming a lucrative way to arbitrage the DAI stablecoin. ... read more
    Source: CoindeskPublished on 2019-04-26By Leigh Cuen
    3 months ago
  • Mt. Gox Bitcoin Stash Won’t Move Until 2020 as Payout Delayed
    The trustee of defunct Bitcoin exchange Mt. Gox has again extended the deadline for submitting and approving the rehabilitation plan to repay users. Trustee Blames ‘Large Amount’ Of Claims According to a translated statement, which appeared April 25, Nobuaki Kobayashi, Mt. Gox’s trustee in charge of the rehabilitation process says the new submission deadline is now October 28, 2019. The previous cut-off point was scheduled for Friday this week, but Kobayashi acknowledged that the volume and complexity of user claims meant such a timeframe was insufficient. “A large amount of rehabilitation claims that the Rehabilitation Trustee fully or partially disapproved remains undetermined for being subject to claim assessment procedures,” the statement reads. Accordingly, it is not possible at this moment to make appropriate provisions in a rehabilitation plan on modifications of the rights of the rehabilitation claims, repayment methods, and appropriate measures for the undetermined rehabilitation claims and therefore to submit a rehabilitation plan by April 26, 2019. Coinlab, Karpeles And More Headaches The saga of reuniting Mt. Gox investors with funds lost in the exchange’s 2014 hack has become a five-year ordeal. As Bitcoinist reported, slow legal proceedings combined with attempts to hijack the payout process ... read more
    Source: BitcoinistPublished on 2019-04-26By Esther Kim
    3 months ago
  • Stellar Price Analysis – Can XLM Recover From Underwhelming 2019 Start?
    The Stellar blockchain network was started in 2014 and minted 100 billion stellars into circulation at its inception. The next major update came in 2015 with an upgraded network and a change to its native assets. The network changed its cryptocurrency from stellars to lumens. This change was done to distinguish the tokens of the network from stellar.org, the platform's non-profit organization. Lumens have an important role in the platform's ecosystem. First, lumens are required for paying transaction fees to prevent the network from being overwhelmed by fake or fraudulent attacks. Each transaction fee costs 0.00001 lumens, which prevents those with bad intentions from flooding the network. At the same time, the Stellar network needs all accounts to hold at least 0.5 lumens. This threshold de-clutters inactive accounts and ensures that each account has at least some degree of economic activity. Last of all, lumens may help facilitate multi-currency transactions between different asset types. Buy/Sell Stellar Lumens (XLM) How To Buy Stellar Lumens (XLM) On Binance Buying and using Lumens Stellar is open source and its network is available to the general public. Users are, however, required to own lumens to pay for transaction fees on the Stellar MainNet. Stellar ... read more
    Source: CoinCodexPublished on 2019-04-26By Matthew North
    3 months ago
  • Lenovo partners with IBM to use Blockchain Technology in its Data Centers
    Chinese tech giant Lenovo partners with IBM to use Blockchain Technology in its Data Centers ... read more
    Source: CryptoGroundPublished on 2019-04-26By Savan Kaneriya
    3 months ago
  • Huobi Derivative Market launches contract for Tron (TRX)
    CryptoNinjas Huobi Group, the blockchain technology, and exchange operator company, announced today that its Huobi Derivative Market (Huobi DM) has launched a derivatives trading contract for Tron (TRX). Tron’s inclusion marks the seventh coin type to be added to the platform since its launch in November. Huobi DM launches TRX... Huobi Derivative Market launches contract for Tron (TRX) ... read more
    Source: CryptoNinjasPublished on 2019-04-26By CryptoNinjas
    3 months ago
  • Gab CEO considers replacing BAT with Bitcoin Lightning Network integration for new browser
    Gab, the free speech-focused social network, made headlines again after Co-creator, Andrew Torba, announced plans to develop a new browser. The decision was made public after the company lost support from Google and Mozilla to host their upcoming ‘comments engine’ browser extension. Gab’s Dissenter plug-in, when live, allowed users to experience “free speech” discussions in real-time on any public URL without moderation. The company was recently blocked on Chrome and Firefox web store on the grounds of violating acceptable use policy. The Dissenter plug-in, which sports the tagline “the comment section of the internet,” was criticized for promoting violence, hate speech, and discrimination. However, the credibility of the claims were questionable. Following the ban, the Gab team questioned the decision through a series of tweets, while maintaining that the company’s drive of “zero tolerance policy for threats or incitement to violence.” @getongab gained support from the online twitter community, stating, “@mozilla claims that they received “reports”, yet they fail to include ANY examples so that we can review and take action.” Gab further supported its extension by arguing that it helped people “exercise their First Amendment rights online,” which were supported by twitter users such as @VerGreeneyes, who called it ... read more
    Source: AMB CryptoPublished on 2019-04-26By Arijit Sarkar
    3 months ago
  • AirSwap Instant 2.0 launches for more efficient decentralized trades
    CryptoNinjas The team of AirSwap, the decentralized exchange trading protocol, announced today launch of Instant 2.0, a completely new trading experience into a public beta release on mainnet. AirSwap has responded to user feedback to create a more immersive, informative, and smarter way to make quick decentralized trades. AirSwap Instant 2.0 launches for more efficient decentralized trades ... read more
    Source: CryptoNinjasPublished on 2019-04-26By CryptoNinjas
    3 months ago
  • Binance Coin Price Analysis Apr.26: BNB in Green As The Market Drops
    Binance Coin enjoys a day of green, which totals 1.36% over the past 24 hours, whilst the rest of the top 10 cryptocurrency projects suffer from severe drops. Binance Coin continues its extraordinary price increase after rising by 241% over the past 90 trading days. BNB recently recorded its USD all time high at $25.18, and is the 7th largest crypto by market cap value holding a $3.26 billion cap valuation. Looking at the BNB/USD 1-Day Chart: Since our last BNB/USD price analysis, we can see that the previous Stochastic RSI crossover below signal had seen BNB drop into support around $22.60. The coin was able to hold at this support level, except for a few brief lower spikes, and has now started to climb again. From above: The nearest level of resistance now lies at the previous ATH at $25.18. Above $25.18, higher resistance can be located at $26.60. If the bulls continue higher, further resistance is located at $28 and $30.  From below: If the sellers push BNB/USD beneath $22.67, we can expect support at $22, $21 and $20. Beneath $20, more support lies at $19.80 and $17.30. The trading volume has remained high and has increased ... read more
    Source: CryptoPotatoPublished on 2019-04-26By Yaz Sheikh
    3 months ago
  • Wall Street Marketplace Shutdown Sees $14.2 Million Stolen
    Following the shutdown of another prominent dark web marketplace, the Wall Street Market has also shut down, with $14.2 million in customer funds lost, as reported on April 23, 2019. The Great Shutdown One of the biggest ongoing tasks for the crypto community is the shedding of its image as being a hub for criminals.Read MoreRead More. The post by Tokoni Uti appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News ... read more
    Source: BTC ManagerPublished on 2019-04-26By Tokoni Uti
    3 months ago
  • Wall Street Market Shutdown Sees $14.2 Million Stolen
    Following the shutdown of another prominent dark web marketplace, the Wall Street Market has also shut down, with $14.2 million in customer funds lost, as reported on April 23, 2019. The Great Shutdown One of the biggest ongoing tasks for the crypto community is the shedding of its image as being a hub for criminals.Read MoreRead More. The post by Tokoni Uti appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News ... read more
    Source: BTC ManagerPublished on 2019-04-26By Tokoni Uti
    3 months ago
  • Ripple Price Analysis: XRP Re-tests December Low at $0.028
    Ripple Price $0.29 Key XRP Resistance Level $0.34 Key XRP Support Level $0.26 *Price at the time of writing Ripple price dominant trend: Bullish Following a wedge formation, XRP has tested the December 15 low at $0.28, breaking the lower trend line. Will price hold below the mentioned price level? The next few days of trading will determine the actual direction of the coin. Meanwhile, XRP has been on a decline after the surge earlier this month. Buy/Sell Ripple (XRP) How To Buy Ripple (XRP) On Binance A further downward move could turn the market to a bearish scenario with a potential descending channel formation. If such a scenario occurs, the value of XRP may depreciate significantly. In case Ripple rebounds; the next bullish wave may hit the $0.34 resistance and above. At the moment, XRP market remains bullish from a long-term outlook. ... read more
    Source: CoinCodexPublished on 2019-04-26By Azeez Mustapha
    3 months ago
  • Ripple Price Analysis – XRP Sees Negative Trend, but Fundamental Factors are Encouraging
    Ripple is a private company that intends to create a global network of financial institutions (such as banks) called RippleNet. Members of RippleNet can use Ripple’s software that can lower the cost and increase the speed of international payments. Buy/Sell Ripple (XRP) How to buy Ripple (XRP) on Binance? To put it in their own words, Ripple is making a stand against "walled gardens" of financial networks that consist of banks and many other intermediaries, as these entities restrict the flow of money with fees, fx charges and processing delays. What is RippleNet? RippleNet is an international payments network for businesses such as banks and money services that use solutions provided by Ripple. The intention of these services is to provide a friction-less experience between all key players. RippleNet is a network of institutional payment-providers such as banks and money services businesses that use solutions developed by Ripple to provide a frictionless experience to send money globally. Bitcoin vs Ripple The main difference between Bitcoin and Ripple are its differing consensus mechanisms. To put it simply, Ripple is not a blockchain, but uses consensus-oriented technologies to help it accomplish its function. Banks seem to enjoy using Ripple thanks to its ... read more
    Source: CoinCodexPublished on 2019-04-26By Matthew North
    3 months ago
  • Ethereum Price Analysis: $145 Support Level Will be Important for ETH
    Ethereum Price $155 Key ETH Resistance Level $180 Key ETH Support Level $145 *Price at the time of writing Ethereum price dominant trend: Bullish Still respecting the ascending channel, ETH, may break low if Bitcoin declines further. A possible swing low could see the ETH price dropping to $145 and beyond. Obviously, the daily RSI is revealed below the 50 level, signaling a potential breakout which may reflect in the market in the next few hours of trading.  Buy/Sell Ethereum (ETH) How To Buy Ethereum (ETH) On Binance In fact, the daily Stochastic RSI is now resting at the oversold area, suggesting that the trading pressure is low. On the upside, $180 has been a strong resistance level for the past two weeks after the early April rise which was rejected at the upper trend line. For now, ETH is bullish. ... read more
    Source: CoinCodexPublished on 2019-04-26By Azeez Mustapha
    3 months ago
  • SoftBank Inks $1 Billion Partnership Deal with Wirecard
    Wirecard, a German internet technology and financial services company, has inked a strategic partnership deal that will see SoftBank Group Corp., a Japanese multinational conglomerate, invest over $1 dollars in the form of convertible bonds in the former. The investment will enable Wirecard expand its digital payments products and service offerings, and launch operations inRead MoreRead More. The post by Ogwu Osaemezu Emmanuel appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News ... read more
    Source: BTC ManagerPublished on 2019-04-26By Ogwu Osaemezu Emmanuel
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  • 2015 Bitcoin Price Resistance Re-Emerges Amid Bitfinex Controversy
    A long-term technical line, which served as strong price resistance four years ago, is again capping the upside in bitcoin's price. ... read more
    Source: CoindeskPublished on 2019-04-26By Omkar Godbole
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  • Bitfinex’s monetary issues could push Bitcoin below $1,000: Bitfinex executive ‘Merlin’ in 2018
    The rumors and allegations surrounding Bitfinex and Tether, and accusations by many in the crypto-community are unlikely to cease any time soon in light of New York State’s Attorney General’s court filings. New York State Attorney General’s court notice sheds an interesting light on the whole episode, showing the conversation between Bitfinex’s top executive and Crypto Capital. Bitfinex and Crypto Capital Bitfinex teamed up with Crypto Capital in 2014 for the latter to act as a third-party payment processor for Bitfinex. The partnership was struck after Bitfinex faced problems with retaining banks for processing payments. According to the court notice, Crypto Capital had approximately $1 billion in co-mingled customer and corporate funds by 2018. By mid-2018, Bitfinex was overwhelmed by customers’ requests to withdraw money from their platform since Crypto Capital held most of Bitfinex’s funds and refused to process the payments. At this point, Crypto Capital alleged that their funds had been seized by authorities in Poland, Portugal, and the US, which Bitfinex argued was not true. In October 2018, rumors about Bitfinex’s insolvency started surfacing and were outrightly denied by Bitfinex in their blog dated October 07, 2018. Under the hood, however, Bitfinex’s top executive “Merlin” was “beseeching” an ... read more
    Source: AMB CryptoPublished on 2019-04-26By Akash Girimath
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