Ethereum Price (ETH) In Corrective Increase, Can It Break $180?

ETH price is currently correcting higher and is trading above $170 against the US Dollar. The price is likely to face a lot of hurdles on the upside near the $176, $178 and $180 levels. There is a connecting bullish trend line forming with support near $168 on the hourly chart of ETH/USD (data feed via Kraken). The pair might gain bullish momentum if it breaks the $174 level and the 100 hourly SMA. Ethereum price is slowly correcting higher versus the US Dollar, similar to bitcoin. However, ETH price…

First Blockchain-Exclusive Birth Certificates Recorded in Brazil

The first birth certificates to be recorded by exclusively using blockchain technology were issued in Brazil. As Cointelegraph Brasil reports on Sept. 1, Álvaro de Medeiros Mendonça is one of the first children in the country to have their birth certificate recorded only with blockchain technology, without the need of the registry office.  Streamlining registration process The parents were reportedly invited by the hospital to participate in a project developed by tech company Growth Tech in partnership with IBM. The father, Waldyr Mendonça Junior, said that blockchain tech made the…

City of São Paulo to Use Blockchain Registry for Public Works

The municipal government of São Paulo, Brazil, is going to use a blockchain registry for its public works projects. The Municipal Secretariat of Urban Infrastructure and Works contracted blockchain firm Construtivo to implement a blockchain solution for city hall, Cointelegraph Brasil reports on Sept. 1. Better transparency after past inefficiencies  The city has decided to implement a blockchain solution for public works after poor conditions forced the closure of several bridges and roads, despite significant public investment in their construction. According to Marcus Granadeiro, president of Construtivo, the platform will…

Bitcoin Price Hits $9,800 as Major Cryptocurrencies Trade Sideways

Sunday, Sept. 30 — Markets are trading sideways today, with gains and losses among the top five cryptocurrencies not exceeding 4%. Market visualization. Source: Coin360 The Bitcoin (BTC) price has spiked slightly after trading close to $9,600 for most of the day. At press time the coin is trading at $9,799, up 1.72% on the day. Bitcoin 24-hour price chart. Source: Coin360 Industry investor Mike Novogratz recently said that, while Bitcoin is trading below $10,000, the seminal cryptocurrency is merely in a consolidation phase. Per Novogratz, the next leg of…

Philippine Boxing Champion Manny Pacquiao Releases Own Cryptocurrency

Philippine boxing champion and celebrity Manny Pacquiao has launched his own cryptocurrency. On Sept. 1, the South China Morning Post reported that the Filipino boxer turned politician and singer launched his own token with the financial support of private investors such as ex-Liverpool and England soccer star Michael Owen and Sheikh Khaled bin Zayed al-Nahyan, a member of Abu Dhabi’s ruling family. Listing on Singapore-based Global Crypto Offering Exchange The Pac token will be listed on Singapore’s Global Crypto Offering Exchange (GCOX), paving the way for his fans to buy…

CNBC Trader Shades Bitcoin With Sarcastic ‘Beanie Baby’ Slam – CCN Markets

CNBC’s Joshua Brown sarcastically compared bitcoin to the Beanie Babies bubble and completely missed the point about cryptocurrency. | Source: Shutterstock; Edited by CCN By CCN Markets: On this day in 1999, TY inc. abruptly ended the sale of Beanie Babies. It marked the end of a wild toy craze that sent the value of some of these toys soaring and made collectors willing to pay thousands of dollars for a single bear. CNBC author and analyst Joshua Brown took the anniversary of the end of this historic bubble as…

Hodler’s Digest, Aug. 26–Sept. 1

Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Sudden slump sees Bitcoin lose support for five figures After managing to maintain support above $10,000, Bitcoin (BTC) finally succumbed to bearish pressure this week — shedding $500 in a matter of minutes on Wednesday to stabilize at about $9,500. Altcoins weren’t immune to the…

Crypto News From the German-Speaking World: Aug. 24–31 in Review

The German-speaking world continues to keep up a fast pace in regard to cryptocurrencies and blockchain implementation. Among other stories during the past week: the Cabinet of Germany and Deutsche Bundesbank are working closely on issues related to central bank digital currencies, the Swiss Federal Council expressed its official opinion on Facebook’s Libra, Bitwala launched an all-in-one mobile Bitcoin bank app and more. Swiss crypto banks receive licenses from a financial regulator Two Swiss crypto-specializing organizations, Seba Crypto AG and Sygnum, received banking and securities dealer licenses from the Swiss…

Are Auditing Giants Adopting Yet?

Last week, Big Four firm Deloitte unveiled a mobile platform designed to host blockchain networks on a small scale for demonstration purposes. The product is “based on client interest in understanding blockchain capabilities in live interactions,” as per the press release.  With this move, the Big Four companies — comprised of Deloitte, PwC, Ernst & Young (EY) and KPMG — continue their expansion into the field of blockchain. Combined, the firms brought in over $148 billion in revenue last year, as they handle over 50% of audits for both public…

Top-5 Crypto Performers: BSV, BTC, XRP, LEO, IOTA

The long-awaited Bakkt platform will start accepting depositс of funds in the Bakkt Warehouse starting Sep. 6. The futures platform will launch on Sep. 23 and is expected to attract institutional investors because the settlement will be in Bitcoin (BTC) and the platform will offer the same cyber and physical security protections as the New York Stock Exchange.  Telegram Open Network’s (TON) blockchain public testing is expected to start on Sep. 1, according to sources. The blockchain will be integrated into the messaging app, which will be a huge positive…