Ethereum is at a critical point as the $160 support level becomes the battleground for the bulls and bears to determine where ETH price goes from here. Trading Ether (ETH) is rarely easy, particularly when bad news surrounding one of the most popular cryptocurrencies isn’t offering any reprieve for enthusiasts. But it’s often a good […]
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Crypto exchange Binance and blockchain trust company Paxos join forces to launch USD-backed stablecoin, approved by the NYDFS. Binance, the biggest crypto exchange by volume, and digital asset trust company Paxos announced its partnership to launch a USD-backed stablecoin, which has received approval from the New York State Department of Financial Services (NYDFS) Binance USD […]
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Apple Pay sees potential in cryptocurrencies, the company’s vice president Jennifer Bailey said during a recent interview. Jennifer Bailey, the vice president of Apple’s payments service, Apple Pay, said that the company sees potential in cryptocurrencies. CNN reported on Sept. 5 that Bailey told the outlet’s chief business correspondent Christine Romans at a private event […]
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Binance’s venture arm led a $5.7 million Series A round to launch new decentralized blockchain protocol. A venture arm of major global crypto exchange Binance has led a $5.7 million funding round to launch new decentralized blockchain protocol, the FIO Protocol. According to a press release shared with Cointelegraph on Sept. 5, Binance labs has […]
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Bitcoin price stable after rising more than $1,300 in a week as forecasters look towards the end of the month for what’s next. Bitcoin (BTC) price continued to fluctuate around $10,500 on Sept. 5 as the largest cryptocurrency stopped short of breaking $11,000. Market visualization. Source: Coin360 Bitcoin simmers after latest $11K moonshot Data from […]
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The SEC has not requested Overstock for information within the ongoing probe since December 2018, interim CEO says. Patrick Byrne’s exit from Overstock has nothing to do with the allegedly ongoing regulatory investigation, the firm’s interim CEO said. No requests since December 2018 Overstock’s interim CEO Jonathan Johnson claimed that the alleged probe by the […]
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South Korea’s pop music giant SM Entertainment is building a dedicated cryptocurrency and blockchain. Korean pop music giant SM Entertainment revealed plans to build its own cryptocurrency and blockchain in partnership with tech organization CTIA Labs. CT-AI Labs CEO Sang-Sik Joo announced the initiative at the developer conference of South Korean crypto exchange UpBit, local […]
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XRP community members have matured from earnest petitioning strategies to sarcastic ones, with a new petition entitled “Ripple Must Increase the ‘Dumping’ of XRP.” Xrp community members have matured from earnest petitioning strategies to sarcastic ones, as they continue to express anger about the negative market consequences of Ripple dumping allegedly excessive quantities of XRP. […]
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Annual electricity demands for Bitcoin mining is now lower than a year ago, when hash rate was under half current levels. Bitcoin (BTC) energy consumption is becoming rapidly more efficient, new data shows as hash rate continues to hit record highs. Record hash rate with less power Data from aggregator Statista accessed on Sept. 5 […]
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A 48-year old Thai man who called himself the “cryptocurrency wizard” has been arrested in Bangkok over his alleged role in a $16.3 million crypto exchange fraud. A 48-year old Thai man who called himself the “cryptocurrency wizard” has been arrested in Bangkok over his alleged role in a 500 million baht ($16.3 million) crypto […]
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