Ethereum Price (ETH) Could Decline While Bitcoin Is Gaining Momentum

ETH price is still struggling to gain momentum above the $180-$181 resistance area against the US Dollar. The price is slowly moving lower and it could decline further towards the $174 support area. A major bullish trend line is at risk with support near $178 on the hourly chart of ETH/USD (data feed via Kraken). Bitcoin price is climbing higher and it seems like the bulls may gain traction above $10,500. Ethereum price is struggling to continue higher versus the US Dollar, while bitcoin is surging. ETH price could retest…

Elliptic Raises $23 Million in Funding Round Led by SBI Holdings

Cryptocurrency compliance company Elliptic has raised $23 million in a Series B funding round led by Japanese financial powerhouse SBI Holdings. Elliptic continues to expand in Asia According to a press release shared with Cointelegraph on Sept. 3, the funding will be used to support continued expansion into Asia, with new offices opening in Japan and Singapore.  The new investment will purportedly accelerate product development to support asset-backed cryptocurrencies such as Facebook’s Libra, Line Corporation’s LINK and central bank digital currencies. Founded in 2013, the company was established to support…

Ethereum Classic Partners With Blockchain Developer and Media DApp

Ethereum Classic Labs, a core Ethereum Classic development and accelerator organization, announced partnerships with social media dApp iZbreaker and blockchain infrastructure developer Second State. Second State will build the next generation Ethereum infrastructure On Sept. 1, the developer and maintainer of the Ethereum Classic blockchain said that they had partnered with blockchain infrastructure developer, Second State. Per the announcement, the partnership “will bring high-impact enhancements into the ETC ecosystem” is intended to create an open-source toolchain and runtime software that powers the next generation of Ethereum-compatible blockchains. Michael Yuan, CEO…

Steemit is Now Fully Operational Again After Chain Halted Due to Bug

Steemit took to Twitter today to announce to their fellow-Steemians that Steemit is back up and running and fully functional after having suffered from a bug in the curations reward curve. Bug in the curations reward curve According to a blog post from Sept. 3, Steemit is now fully operational again, as are all Steem applications leveraging their API. The chain halted over the weekend due to a bug in the curations reward curve, which was apparently unrelated to the previous halt or the so-called delegation bug. Quick response to…

Are VanEck ‘ETF’ and Bakkt Catalysts to Take Bitcoin to 2019 High Again?

VanEck and SolidX are reportedly selling a “limited version” of a bitcoin ETF after every BTC ETF proposal has been rejected by the SEC. | Source: Shutterstock Primarily targeting institutional investors, VanEck and SolidX are reportedly selling a “limited version” of a bitcoin exchange-traded fund (ETF) after every bitcoin ETF proposal has been rejected by the Securities and Exchange Commission (SEC) to date. According to the VanEck SolidX Bitcoin Trust 144A Shares proposal, qualified institutional buyers (QIBs) will be able to purchase publicly quoted DTC-eligible BTC security through a brokerage…

OKCoin Pledges up to 1,000 BTC to Developers of BTC, BCH and BSV

San Francisco-based, fiat-focused crypto exchange, OKCoin, recently announced the launch of a voting-driven initiative to donate up to 1,000 BTC to developers of Bitcoin (BTC), Bitcoin Cash (BCH), and Bitcoin Satoshi’s Vision (BSV). Voting starts today According to a press release shared with Cointelegraph on Sept. 3, OKCoin, one of the top exchanges by adjusted volume, has pledged to dedicate up to 1,000 BTC to the development of Bitcoin, Bitcoin Cash and Bitcoin SV. The initiative, called ‘Let’s Build Bitcoin Together,’ asks crypto enthusiasts to go to the OKCoin platform…

Ripple Hires Congressional Assistant as Government Relations Manager

Ron Hammond took to Twitter today to confirm to the XRP community that he is the new manager of government relations for Ripple. Token Taxonomy Act On Sept. 3, Ron Hammond took to Twitter to announce that as of today, he is the new Manager of Government Relations for Ripple. Hammond was reportedly part of the team that crafted the Token Taxonomy Act, a bill that would exclude cryptocurrencies from classification as securities, as well as provide the introduction of regulatory certainty for businesses and regulators in the U.S. blockchain…

Whale Alert Teams Up With BitcoinAbuse to Fight Crypto Crime

Whale Alert and BitcoinAbuse are teaming up to fight crypto crimes together. Fighting scammers On Sept. 3, Whale Alert, a service dedicated to tracking large cryptocurrency transactions, announced that it will start collaborating with BitcoinAbuse to better fight cryptocurrency-related crimes. BitcoinAbuse is a public database of Bitcoin (BTC) addresses used by hackers and criminals. Whale Alert went on to say: “We will now report transactions made to scammers and keep track of their assets. You can help make crypto safer by reporting scams, black markets and hacks on the website…

Bitcoin Price Continues to Eye $11K as Most Altcoins See Minor Gains

Tuesday, Sept. 3 — Bitcoin (BTC) continues to eye $11,000, with most altcoins registering minor gains on the day. Market visualization. Source: Coin360 Bitcoin continues to show impressive price movement after trading close to $10,300 for the better part of the day. At publishing time, the No. 1 cryptocurrency is trading at $10,718 — up 2.9% on the day, according to data from Coin360. Bitcoin’s 24-hour price chart. Source: Coin360 Bullish sentiments towards BTC seem to have won out once again as Bitcoin dominance hit 70.5%. Cointelegraph reported at the beginning of August…

Liquid Reveals Blockchain Wallet Holding GRAM Tokens

Japanese cryptocurrency exchange Liquid has revealed that proceeds from its resale of GRAM tokens are being held in escrow in a digital wallet. GRAM tokens, the eagerly awaited cryptocurrency by Telegram, were initially available through two highly secretive and selective ICOs carried out in February and March of 2018. A secondary market for these tokens sprung up and saw resale markups of up to 400%. Telegram is yet to officially confirm any details of the Telegram Open Network (TON), its proposed blockchain, but one of the clauses in the ICO…