Day: December 6, 2018

Bitcoin Cash Price Analysis: BCH/USD Nosedives Below $100, $80 Next?

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Key Points Bitcoin cash price tumbled and broke the $125 and $100 support levels against the US Dollar. There is a monster bearish trend line in place with resistance at $120 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is currently at a risk of more losses below the $100 level in the near term. Bitcoin cash price ABC tumbled below $100 whereas BCHSV climbed above $100 against the US Dollar. BCH/USD is under pressure and it could trade towards $80. Bitcoin Cash Price…

TRX/USD Steady above 1 Cent, Bulls Have a Chance

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Latest Tron News Tron is an interesting project. As a smart contracting platform, its objective is crystal: Build one of the largest blockchain-based operating systems in the world. Their unwavering dedication to deliver on this mandate can’t be doubted. So far, their track records have all the characteristics of ambition as they build the framework contributing to infrastructure of truly decentralized internet. Read: Cryptocurrency Market Update: Crypto Winter is Getting Colder Clues are everywhere. Months after launching their mainnet and following it up with a Tron Virtual Machine that is…

BTC is a “Melting Ice Cube” Says CEO

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Latest Bitcoin News Like Bitcoin prices shifting, so is Bill Gates-the founder of Microsoft who back in 2014 said Bitcoin is “used to buy drugs like synthetic opioid fentanyl” and the “anonymity of digital currencies meant they were linked to terrorist funding and money laundering” to admitting how transformational Bitcoin and cryptocurrencies have been especially when it comes to lifting people out of poverty. ‘ #Bitcoin is a technological tour de force.” Bill Gates, co-founder of Microsoft & philanthropist. OR “Stay away from it. It’s a mirage, basically. In terms…

Crypto Playing Cards | New Cards that Will Help Crypto Adoption

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Crypto wants to switch up the financial sector. Why not do so while playing cards!? A Switzerland-based company is now selling Crypto Playing Cards online. Crypto Playing Cards There are no Clubs, Spades, Diamonds, or Hearts in this deck. Rather, the cards are all about cryptocurrency. Players will play their hand with the specially designed crypto suits of Bitcoin, Ethereum, Litecoin, and NEO. According to the company: “Every suit has different dominant colors and each character was specifically designed to proudly represent its cryptocurrency. The playing cards are crafted from premium…

Coinbase Seeks Trademark for Term ‘BUIDL’ as Crypto SaaS

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Major crypto exchange Coinbase is seeking the trademark for the crypto-industry term “BUIDL,” according to an application filed with the U.S. Patent and Trademark Office (USPTO) on Oct. 2 The word is the intentional misspelling of “build” and is analogous with the word “hodl,” the crypto community’s misspelling-turned-term that indicates holding cryptocurrencies, instead of selling them. In the crypto space, the “BUIDL” moniker refers to focusing on building products as a way to support the industry, as opposed to only holding crypto assets as an investor. According to the application…

Major Crypto Exchange Binance Launches ‘Sub-Accounts’ for Institutional Clients

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Top cryptocurrency exchange Binance has released a new sub-accounts feature for institutional and high-tier individual traders, according to a press release shared with Cointelegraph Dec. 6. The feature will allow parties to create up to 200 subsidiary trading accounts under the canopy of one main account. This “master” account will have sole control over movement of assets between sub-accounts, and be able to grant each of them different access levels and permissions. Nonetheless, each sub-account will retain its own set of API limits to allow for high capacity trading. According…

Binance Launches Multi-Account Feature for Institutional Crypto Traders

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Crypto exchange Binance is looking to aid institutional investors with a new sub-account feature. Announced Thursday, these sub-accounts will allow institutions to set up multiple trading accounts for each firm, with different accounts being given different levels of access and control. The firms’ main accounts will be able to control these sub-accounts, granting them permissions as needed. A single institution may have up to 200 sub-accounts, according to the exchange. In addition to the different levels of account types, Binance will allow different sub-accounts to transfer funds with no fees…

Top Exchange Binance Announces ‘SAFU’ Hackathon, Conference in Singapore

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The world’s largest cryptocurrency exchange, Binance, has announced that it will host the company’s first conference, according to a press release shared with Cointelegraph Dec. 6. Binance Blockchain Week is scheduled to be held in Singapore this January and is to include two major events –– the conference itself, along with a two-day “first-ever Binance SAFU (Secured Assets For Users) Hackathon,” according to the press release. As its name indicates, the hackathon reportedly focuses on developing blockchain-based tools for securing crypto assets. Binance CEO Changpeng Zhao, better known as CZ…

Crypto Company Offering Virtual ATMs Hits New Daily Highs — And Aims to Take on Square

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A crypto company that enables thousands of retailers to function as virtual ATMs for an array of cryptocurrencies has recently processed its largest single transaction to date, valued at over $3.44 million.   Netcoins, which is aiming to simplify the process of buying and selling crypto by offering the public a trustworthy source for making purchases, says its performance has been strengthening — even despite the recent turbulence seen in the market. Mark Binns, the company’s CEO, said, “Despite the bear crypto market that is upon us, Netcoins continues to…

Swiss Post & Swisscom Launch ‘100% Swiss’ Blockchain Infrastructure

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Switzerland’s national postal service Swiss Post and state-owned telecoms provider Swisscom are partnering on a “100 percent Swiss” blockchain infrastructure, according to a press release Dec. 6.   The new infrastructure is reportedly the first private, or permissioned, blockchain to be operated jointly by two entities; its key premise is to provide a service that retains all data within Switzerland, and that can meet the security requirements of banks. The companies, both of whom already implement in-house blockchains for different purposes, have revealed their new common infrastructure will be based…