The price of XRP has fallen over 14 per cent in a 24 hour period following a week of highs, with reports suggesting the a Ripple co-founder is selling his tokens.
XRP Drops to $0.44
Last week was a good one for XRP. On Friday, the third-most valuable altcoin reached a high of $0.70, according to CoinMarketCap. This is compared to $0.28 on the 17 September. Such was the rise of it that at one point XRP even surpassed Ethereum to take second place in terms of market cap. However, it wasn&rsqu
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-
XRP Drops Over 14%, but Jed McCaleb Isn’t Accelerating Selloff
via newsbtc.com -
Coinbase Gears Up for Biggest-Ever Expansion of Crypto Asset Listings
Coinbase's new policy will speed the addition of assets to the exchange but may leave users in some places unable to trade coins available elsewhere. -
Monero Devs Patch Bug Allowing Attackers to ‘Burn’ Cryptocurrency Exchange Deposits
The developers of privacy-centric cryptocurrency monero have patched a bug that would have allowed an attacker to cause significant damage to cryptocurrency exchanges and XMR-friendly merchants. Now-Patched Monero Bug Put Cryptocurrency Exchanges, Merchants at Risk Addressed through a software patch privately distributed to exchanges and merchant and later publicly disclosed through a post-mortem on the
The post Monero Devs Patch Bug Allowing Attackers to ‘Burn’ Cryptocurrency Exchan -
If Mt. Gox Trustee Triggered Bitcoin Price to Decline, is There More to Come?
via newsbtc.comThe so-called “Tokyo Whale” recently sold $230 million worth of Bitcoin and Bitcoin Cash, potentially contributing to the recent price drop, and sparking concerns among investors as to whether or not there are bigger Mt. Gox trustee-related sell-offs to come.
The trustee liquidating the defunct exchange’s cryptocurrency holdings has been offloading Bitcoin and Bitcoin Cash since earlier this year, when $400 million worth of Bitcoin was sold all at once. Since March of this year -
Crypto Firms to Congress: We Need Clarity on Blockchain Token Rules
More than 80 representatives from a variety of cryptocurrency projects and companies spent four hours calling for clarity around ICOs and tokens. -
A Major Regulatory Effort Is Brewing to Revive the US ICO Market
More than 80 representatives from a variety of cryptocurrency projects and companies spent four hours calling for clarity around ICOs and tokens. -
Cryptocurrency Derivatives Platform LedgerX Will Launch Ether Options: Report
Institutional bitcoin derivatives platform LedgerX is reportedly preparing to expand its cryptocurrency product line to include ether, the native asset of Ethereum. The U.S. firm, which was the first trading platform to receive approval from the Commodity Futures Trading Commission (CFTC) to list bitcoin derivatives, has developed a line of ether options and is ready to roll
The post Cryptocurrency Derivatives Platform LedgerX Will Launch Ether Options: Report appeared first on CCN -
Mainstream Scene: Bitcoin Added to Scrabble Acceptable Word List
via newsbtc.comInvesting in cryptocurrencies can be daunting. Extensive research is necessary to ensure the right assets are selected, and complex security steps need to be taken to protect cryptocurrencies like Bitcoin. It’s not all fun and games… or is it?
New Scrabble Words: Bitcoin Becomes Part of Family FunAccording to the New York Times, dictionary standard setter Merriam-Webster has added over 300 new words to its list of words that can be used in the popular board game Scrabble. One of tho -
UK Startup Gospel Technology Raises £5 million for Enterprise Data Blockchain Platform
Gospel Technology, the developer of an enterprise database built on blockchain technology, has announced a £5 million Series A funding round from IA Ventures and Salesforce Ventures. The deal marks one of the first investments by IA Ventures and Salesforce Ventures in blockchain technology. Commenting on the announcement, Alex Kayyal, partner at Salesforce Ventures, the […]
The post UK Startup Gospel Technology Raises £5 million for Enterprise Data Blockchain Platform appeared -
CyberMiles’ Blockchain to Enable Customized Smart Contracts to Decentralize – and Democratize – E-Commerce
This is a sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. E-commerce is arguably the most transformative force in modern retail, to such a degree that just on its own, it’s a $1+ trillion global industry. However, until now, technology
The post CyberMiles’ Blockchain to Enable Customized Smart Contracts to Decentralize – and Democratize – E-Commerce appeared first -
CyberMiles’ Blockchain to Enable Customized Smart Contracts to Decentralaize – and Democratize – E-Commerce
This is a sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. E-commerce is arguably the most transformative force in modern retail, to such a degree that just on its own, it’s a $1+ trillion global industry. However, until now, technology
The post CyberMiles’ Blockchain to Enable Customized Smart Contracts to Decentralaize – and Democratize – E-Commerce appeared firs -
Successful ICO Roundup – Third Week of September
via crypto-news.netWe are coming back with the third installment of this September ICO success tracking series. It’s been a fun time, and with only one week left, soon we will need to make a decision regarding the continuation of the ICO series.
If you haven’t read the first or the second article for each respective week of September, then make sure to catch up on this month’s success stories.
The data found in this article is gathered from ICObench, and every website is verified to have their in -
Congressman: Current Language for Cryptocurrency is Sloppy, Greater Regulation is Needed
via newsbtc.comIn a recent interview with CNBC’s Squawk Box, Congressman Warren Davidson (R-Ohio), a member of the congressional financial services industry, spoke about cryptocurrency regulation and the complexities surrounding the issues.
Davidson began by announcing that his committee would be hosting a round table with industry leaders in order to gain better insight into the industry and how industry experts feel the technology should be best regulated. He notes that regulation is needed in order to -
Google Unbans Crypto Ads, Will Work With Regulated Firms in US and Japan
Google, the $828 billion search engine behemoth, has unbanned crypto-related ads, allowing regulated companies to utilize its platform to advertise their products. In March, Google executive Scott Spencer stated that cryptocurrency investments have potential to cause harm in financial markets, leading the search giant to ban crypto ads. He stated: “We don’t have a crystal
The post Google Unbans Crypto Ads, Will Work With Regulated Firms in US and Japan appeared first on CCN -
MetaMorph Pro – The Most Innovative Decentralized Atomic Swap Exchange of 2018
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned
The post MetaMorph Pro – The Most Innovative Decentralized Atomic Swap Exchange of 2018 appeared first on CCN -
University Researcher: Tether Not Responsible For Bitcoin Price Levels
via newsbtc.comA Queensland Univerity professor has attempted to debunk the theory which accused stablecoin Tether issuance model of manipulating the Bitcoin value.
Tether Not Responsible
In his report, Dr. Wang Chun, Ph.D., Finance, discussed how he constructed a Vector Autoregression, or VAR, model to prove that Tether never played a catalyst to Bitcoin’s super-normal rally towards $20,000 last year. VAR models monitor relationships between variables over a period. Dr. Chun pitted data taken from Tethe -
NAGA Group at the Leading Edge of Fintech
via newsbtc.comNAGA Group, one of the top players in the cryptocurrency industry, has made huge strides in becoming the sector’s go-to platform. With 7 unique working products, NAGA Group will introduce another six that will step up their game even more. The company has perfected the recipe to success in the fintech industry by creating a whole suite of products and services that cater to every individual’s needs, while not confining itself to just cryptocurrencies and blockchain.
NAGA COIN (NGC)
F -
Did the Mt. Gox Trustee Bitcoin Sell-Off Cause the Crypto Market to Crash?
On September 25, the Mt. Gox trustee released a document entitled “Announcement on Measures to Secure Interests of Bankruptcy Creditors,” disclosing the sale of over $230 million worth of crypto including Bitcoin and Bitcoin Cash. While it still remains unsure whether the decline in the price of BTC and the valuation of the crypto market
The post Did the Mt. Gox Trustee Bitcoin Sell-Off Cause the Crypto Market to Crash? appeared first on CCN -
Music-Sharing Startup Audius Gives New Details on Twin Crypto Tokens
Blockchain startup Audius has revealed details of its decentralized music network's two tokens and governance system in a white paper. -
Bitcoin Price Intraday Analysis: BTC/USD in Bear Flagpole Formation
Bitcoin on Tuesday depreciated more than 3 percent against the US Dollar after reversing from a bear flag top yesterday. The BTC/USD walked the day carrying the prevailing bearish sentiment on its shoulders. The early Asian trading session opened at 6518-fiat and didn’t wait much before dropping below key support areas around 6500-fiat and 6400-fiat.
The post Bitcoin Price Intraday Analysis: BTC/USD in Bear Flagpole Formation appeared first on CCN -
Google Shifts Gear, Puts an End to Ban on Cryptocurrency Ads
via newsbtc.comOne of the largest internet technology firms on the planet, Mountain View, California-based Google is reversing its stance on cryptocurrencies, removing a ban on crypto-related advertising that went into effect in early 2018.
Google Reverses Cryptocurrency Ad Ban
Back in March of 2018, the search-engine powerhouse Google followed the lead of Facebook, Twitter, and others in announcing a widespread blanket ban over cryptocurrency-related advertising, including initial coin offerings (ICOs), walle -
Bitcoin Takes a Step Toward Becoming a 'Multi-Network' Cryptocurrency
A long-in-the-works proposal heralded as the best way to bring sidechains to bitcoin has released its first code after three years in development. -
Google to Allow Ads for 'Regulated' Crypto Exchanges Next Month
Google has revealed that it will begin allowing cryptocurrency exchange advertisements in the U.S. and Japan, starting in October. -
Google Now Allows Cryptocurrency Ads for Regulated Exchanges
Earlier this year, the search-giant took a far less cryptocurrency-friendly approach. -
Andreessen Horowitz’s $300m Crypto Fund Buys Stakes in Stablecoin Project
via newsbtc.comAn upcoming stable coin project featuring a loaning system has bagged a $15 million investment from Andreessen Horowitz.
VC Firm to Govern MakerDAO
The venture capital firm, with a history of high profile investments into crypto projects, bought 6 percent of the total MKR supply through its $300m crypto fund, a16z crypto. By doing so, the US firm has got the rights to govern the Maker network, which includes MakerDAO, the stable coin firm, and the Dai Credit System as it becomes the first DAO-en -
The U.S. Government Has Spent Millions Trying to Track Cryptocurrency Users
If you’ve ever wondered whether Uncle Sam is spying on your cryptocurrency transactions, a new report reveals that, if you reside or do business in the United States, the answer is probably yes. U.S. Govt. Goes All in on Tracking Cryptocurrency Usage Citing public records, research firm Diar reports that U.S. government agencies have collectively
The post The U.S. Government Has Spent Millions Trying to Track Cryptocurrency Users appeared first on CCN -
Bitwala Raises $4 Million To Merge Cryptocurrency with Banking Infrastructure
The system, according to its founders, will support more efficient operations through a German bank account. -
Japan Regulators Seek Answers in Wake of Zaif's $60 Million Crypto Hack
Japan's top financial regulator is seeking answers from the operator of the Zaif cryptocurrency exchange. -
Malaysian Government Initiates Blockchain Integration Drive
A task force has been created to promote blockchain use in the country's three main industries. -
BitcoinIRA Exec: Bitcoin Could Surpass $40,000 After ETF Approval, Institutional Adoption
via newsbtc.comAs Bitcoin, along with the rest of the cryptocurrency market, began to rally heading into last weekend, the sentiment surrounding the future prices of crypto assets seemingly began to shift, as many optimistic investors claimed that an upside is in store.
Chris Kline, a community voice at Forbes and the co-founder and COO of BitcoinIRA, recently revealed a specific set of four factors that could push the price of Bitcoin over $40,000 by the end of 2019. In a piece that quickly gained tracti -
Cryptocurrency Trading Volume to See 50% Growth in 2019: Research
Despite cryptocurrencies having fallen off their record highs, the sector is expected to experience double-digit growth in trading volumes next year suggesting that trader enthusiasm in the nascent asset class has not waned. According to research conducted by Satis Group, crypto trading volume will grow by over 50% in 2019. In the United States, the
The post Cryptocurrency Trading Volume to See 50% Growth in 2019: Research appeared first on CCN -
Mt Gox Trustee Has Sold $230 Million in Bitcoin, Bitcoin Cash Since March
The Japanese trustee for Mt. Gox has sold cryptos worth $230 million since March as part of the collapsed exchange's bankruptcy proceedings. -
SocGen and Santander Among the 75 Banks to Join JPMorgan Blockchain System
The firm patented thethe Interbank Information Network in October 2017 with only two partners. -
SocGen and Santander Among 75 Banks to Join JPMorgan Blockchain System
The firm patented thethe Interbank Information Network in October 2017 with only two partners. -
DBX – The Blockchain for Real World Apps Launches Official ICO
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned
The post DBX – The Blockchain for Real World Apps Launches Official ICO appeared first on CCN -
Another Plus One For Crypto; Banking Giants Fined Billions for Malpractice
via newsbtc.comFor their misconducts, US and European regulators are imposing heavy fines on global banks. Solid research findings indicate that fines could top $400 billion by 2020 according to reports by Quinlan and Associates. Most of these stems from their malpractice in the few months leading to the great financial crisis of 2008. That’s not including fines from money laundering and unfairly billing customers.
On Monday, The Commodity Futures Trading Commission (CFTC) fined JP Morgan Chase Bank $65 -
VegaWallet – Bringing Mobile Crypto Payments to the Masses with POS
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned
The post VegaWallet – Bringing Mobile Crypto Payments to the Masses with POS appeared first on CCN -
Weak Volumes: Ripple Tanks 15% as Crypto Market Deletes $13 Billion
˜XRP, the native currency of Ripple, has plunged by 15 percent as $13 billion was wiped out of the crypto market. Yesterday, on September 25, CCN reported that the volume of Bitcoin has declined from $5.3 billion to $4.2 billion within a 24 hour period, while the volume of Ripple dropped by more than 60
The post Weak Volumes: Ripple Tanks 15% as Crypto Market Deletes $13 Billion appeared first on CCN -
Exclusive: Hotbit First Exchange to List Carats.io Diamond-Backed Token
The CARAT token is now trading on the Taiwanese digital exchange. -
Digital File Security Boosted by V-ID and DigiByte: Real World Adoption of Blockchain Technology
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned
The post Digital File Security Boosted by V-ID and DigiByte: Real World Adoption of Blockchain Technology appeared first on CCN -
Early Execs Leave Block.one, the Peter Thiel-Backed Crypto Startup Behind EOS
As Block.one was raising $4 billion from Silicon Valley and Wall Street, a group of executives decided to quit and build a bigger, better blockchain. -
Concert Producer Hyperglow Teams Up with Blockparty to Offer Safer Ticketing Process on the Blockchain
They are a scourge on the ticketing event industry: lengthy check-in protocols, ticket fraud and secondary resellers. Yet, despite advances in technology event goers are still faced with bots and fraudulent sites, which is impacting confidence in ticket authenticity. In order to offer event attendees a safe, more secure ticketing experience, Hyperglow, a concert production […]
The post Concert Producer Hyperglow Teams Up with Blockparty to Offer Safer Ticketing Process on the Blockchain a -
Study: Cryptocurrency Trading Volume Likely to Grow by 50%+ in 2019
via newsbtc.comA recently conducted study has found that despite a persisting bear market in 2018, the cryptocurrency markets will still likely see tremendous growth in trading volume in 2019, growing by an estimated 50%. This growth is mainly attributed to increasing market accessibility and growing corporate and institutional adoption.
The report, conducted by the Satis Group, offers an in-depth analysis of the current cryptocurrency landscape, which encompasses exchanges, OTC providers, consumer custody, an -
$230 Million: Mt. Gox Trustee Confirms Past Bitcoin Sell-Off
Bitcoin investors who have dutifully monitored cryptocurrency wallets associated with defunct bitcoin exchange Mt. Gox for early warnings of a possible sell-off have been proven justified in their paranoia. Mt. Gox Trustee Confirms $230 Million Bitcoin Sale According to a document published on the Mt. Gox website, Nobuaki Kobayashi, the exchange operator’s trustee, sold approximately
The post $230 Million: Mt. Gox Trustee Confirms Past Bitcoin Sell-Off appeared first on CCN -
Next Generation Blockchain Boosts Speed and Energy Efficiency on Global Scale
via newsbtc.comThe first international trial of next-generation Red Belly Blockchain has shown increased speed and energy efficiencies at a global scale.
Red Belly Blockchain, developed by the technology arm of Australia’s national science agency, CSIRO’s Data61, and the Concurrent Systems Research Group at the University of Sydney, today announced the outcomes of its first large-scale experiment, undertaken on Amazon Web Services’ (AWS) global cloud infrastructure.
Red Belly Blockchain is so -
Sydney Uni’s Red Belly Blockchain Hits 30,000 Txs/Sec on Amazon Cloud Trial
The latest trial from the University of Sydney’s Red Belly Blockchain running on Amazon Web Services (AWS) has clocked 30,000 transactions per second with an average transaction delay of 3 secs. Researchers at the University of Sydney in Australia have concluded new trials of a hybrid blockchain that sits between public blockchains like that of
The post Sydney Uni’s Red Belly Blockchain Hits 30,000 Txs/Sec on Amazon Cloud Trial appeared first on CCN -
Over 75 New Banks: JPMorgan Expands Blockchain Payments Trial
A blockchain payments trial launched by JPMorgan, Australia's ANZ and the Royal Bank of Canada has just gained over 75 new banks as participants. -
Binance CEO: More Manipulation in Traditional Markets Than Crypto
via newsbtc.comMarket manipulation is seen by most investors as a serious problem that has to be addressed with regulation as it interferes with the natural market development. The crypto market has continued to grow with an increasing number of investors entering the space. But, institutional investors have struggled to invest in the market, due to concerns surrounding market manipulation.
CZ on Market Manipulation
According to Changpeng Zhao CEO of Binance, there is far more manipulation in the traditional m -
India’s Supreme Court to Listen Final Arguments on Central Bank vs Bitcoin Case
The Supreme Court of India is set to hear the final arguments on the petition against the Bitcoin banking ban on Tuesday, reported local media. The ongoing battle between the Reserve Bank of India (RBI) and Internet and Mobile Association of India (IMAI) has entered its final phase before the country’s apex court. The original
The post India’s Supreme Court to Listen Final Arguments on Central Bank vs Bitcoin Case appeared first on CCN -
Bearish Cross Hints at More Losses Ahead for Bitcoin Price
A bearish crossover between key moving averages on the monthly chart indicates scope for a deeper drop in bitcoin.
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