Day: April 19, 2019

Crypto Exchange Poloniex Adds Support for USDT on Tron Blockchain

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Major cryptocurrency exchange Poloniex will support Tether’s stablecoin USDT coin on the Tron (TRX) blockchain, according to an announcement published on April 19. United States-based digital currency exchange Poloniex has added support for deposits and withdrawals of USDT on the Tron network. The development will reportedly support Tether on both chains —  USDT issued on the Omni protocol and the Tron network. Poloniex said in the announcement that its decision to support the new chain is reasoned by expanded flexibility it provides to the USDT platform. In order to support…

Social Media Platform Mithril Becomes Purported First to Migrate to Binance Chain

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Decentralized social media platform Mithril (MITH) has adopted the Binance Chain, the mainnet of the leading cryptocurrency exchange Binance. The development was announced by Mithril in a blog post published on April 18. With the step, Mithril — a social media platform that rewards content creators with its native token MITH —  becomes the purported first to shift to the Binanche Chain, with MITH token migrating from ERC-20 to BEP2. At Mithril, users gain MITH through Mithril mining, while managing their assets on the company’s platform VAULT. Binance users will…

Anatomy of a Telegram Scam – The Coinbase Blog

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As part of our commitment to keeping customers safe and secure, Coinbase stays on top of emerging and trending digital currency scams and threats. Our top priority is to be the most trusted and secure platform in the industry. Digital currency transactions are irrevocable, and this creates an attractive target for scammers and digital thieves. Telegram, the group chat and messaging app, is a popular platform for cryptocurrency enthusiasts to discuss news, trends, and prices with fellow members of their community. Unfortunately, Telegram is also a popular platform for scammers…

Bitcoin’s Path to Retake $20,000 Could Be Slow and Painful: Analyst

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Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. By CCN: John McAfee continues to trumpet a bitcoin price that will hit $1 million by the end of the decade. He isn’t even afraid of betting his manhood on…

Adamant Capital: BTC Price Bottom Is Likely In, Accumulation Phase Has Begun

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Bitcoin fund Adamant Capital is convinced that the bottom of the bear market is in, and true to its name, the firm has laid out an unwavering case for this position with some persuasive hard data and fundamental analysis. The report, authored by Adamant founders Tuur Demeester and Michiel Lescrauwaet, argues that bitcoin is undervalued at its current price, mirroring sentiments held in Adamant’s 2012 and 2015 reports during bitcoin’s previous downtrends. Weak hands were shaken out in November of 2018, it says, and this capitulation has laid the groundwork…

Whales, Moon-sling Calls, But Will Bitcoin (BTC) Clear $5,500?

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Bitcoin prices up 4.6 percent in the last week Bullish projection cement our assertion of shifting sentiment from bearish to bullish At spot rates, the crypto market is far from the $880 billion valuation of late Dec 2017. Even so, as Bitcoin (BTC) prices recover, bottoming up and closing above $5,000, odds are the next wave would thrust BTC above $6,000 as our trade conditions become valid. Bitcoin Price Analysis Fundamentals That there is a movie dedicated to crypto shows how the public is aware of Bitcoin and other leading…

Wietse’s Effort Would Pay Dividends and Drive Ripple (XRP) To New Highs

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Ripple (XRP) prices stabilize above 30 cents Adoption will propel XRP prices above the current range Wind is an advocate of Ripple, and his company is one of the many funded by Xpring. If there is adoption, XRP prices would likely edge higher as demand for the third most valuable coin spike. Ripple Price Analysis Fundamentals As we have reiterated in our analyses, cryptocurrencies need adoption to thrive. Day-to-day use means acceptance, and if one coin goes mainstream, then its value will surely skyrocket. We are talking about 10X gains…

Data Market Ocean Tries New Token Sale After CoinList Offering Misses Target

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After a token sale on CoinList failed to reach its target, data marketplace Ocean is trying again on crypto exchange Bittrex International. Ocean Protocol has a vision to become the ecosystem for “a new data economy,” its founder Bruce Pon told CoinDesk. With the release of Ocean’s version 1.0 beta network earlier in April, its tokens are ready to be used on the platform, but the company has not quite met its fundraising goal. Through its initial exchange offering (IEO), Ocean aims to raise $6.77 million in bitcoin, following a previous…

Key Bitcoin Indicators Rage Bullish as Crypto Adds $40 Billion in 1 Month

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Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. By CCN.com: Over the past 24 hours, the bitcoin price briefly surpassed the $5,300 mark in a short-term spike but retraced back to the $5,200 region. In the past 30…

South Korean Crypto Exchange Coinnest Announces Closure

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Cryptocurrency exchange Coinnest, once South Korea’s third largest, is closing down. The exchange posted a notice on its website saying that as of Tuesday it is no longer operating, adding that users will need to withdraw any funds held on its platform by April 30. The fees for withdrawals and the minimum threshold have been lowered to assist the process, it said. While the notice was vague as to the reasons for the closure, a Coinnest official told CoinDesk Korea: “It is a natural result of a decrease in trading volume.…