Market Mostly Trades Sideways as Bitcoin Price Holds Above $10,300

Monday, Sept. 9 — Cryptocurrency markets are largely trading sideways with most changes among the top-20 coins not exceeding 1% on the day. Market visualization. Source: Coin360 Bitcoin (BTC) has been trading sideways for the better part of the day and seems to be holding above the $10,300 price mark. The coin saw a low of $10,080 earlier before moving to an intraday high of around $10,400, and is currently trading at $10,354, showing a small loss of 0.41% on the day. In a crypto price analysis for Cointelegraph earlier today,…

Blockchain in Healthcare Market to Surpass $1.6 Billion by 2025

The value of the blockchain technology in healthcare market is expected to surpass $1.6 billion by 2025, according to global market research and consulting firm Global Market Insights. In a press release published on Sept. 9, Global Market Insights estimated that the blockchain in healthcare market will grow due to a number of factors such as the implementation of government initiatives and increasing investment in the field. Growth factors for blockchain in healthcare Examination of medical outcomes, interoperability of health data and cost component reductions will further impact blockchain adoption,…

Decentralized Brave Browser Tops Chrome in Google Play Rankings in Japan

The popularity of the decentralized blockchain-enabled web browser Brave continues to grow as it has outranked other browsers in Google Play rankings in Japan. Brave beats rival browsers According to a Reddit post on Sept. 8, this is the first time that the privacy-focused Brave browser has overtaken its rival browsers such as Firefox, Opera and Chrome in Japan. The most recent ranking data from Google Play shows that Brave sits comfortably at number 10 on the list, while its closest competitor Firefox lags behind, occupying 14th place. A Google…

Apple Watching Cryptocurrencies, Says Vice President Bailey

Apple (NASDAQ:AAPL) has been and continues to be an influential company; and if it’s looking at the crypto industry, you know virtual currencies must be doing something right. According to sources, that’s what the tech giant is doing, with VP Jennifer Bailey stating it is “watching cryptocurrency.” Here’s what we know. Apple Watching Cryptocurrencies: The Facts At a private event in San Francisco, VP of Apple Jennifer Bailey took the stage, explaining to the crowd that the billion-dollar company is “watching cryptocurrency,” as it thinks the industry has “interesting long-term…

Stellar Development Foundation and Keybase Jointly Launch $120M Airdrop

The Stellar Development Foundation, a non-profit founded to support the development of the open-source Stellar network, is launching a $120 million airdrop in collaboration with encrypted messenger Keybase. According to a Sept. 9 blog post, Keybase will be giving 100 million Stellar (XLM) each month over the next 20 months to their users, which totals to 2 billion XLM, or almost $120 million. Keybase will distribute XLM among its more than 300,000 users. *Certain conditions may apply The foundation states that eligible participants in the airdrop must have had a…

Tether Launches New Stablecoin Pegged to Offshore Chinese Yuan

Stablecoin firm Tether announced the launch of a new stablecoin tied to the offshore Chinese yuan dubbed CNHT. According to an announcement on Sept. 9, Tether CNHT is pegged to the offshore yuan and available as an ERC-20 token on the Ethereum blockchain. The new currency joins Tether’s other stablecoins backed by U.S. dollars (USDT) and euro (EURT). What is the offshore Yuan? China’s national currency is officially called the renminbi. The currency’s unit is called the yuan, of which there are two kinds: offshore and onshore. The main difference…

Report: BitMEX Crypto Exchange COO Steps Down

The chief operating officer (COO) at digital currency exchange BitMEX, Angelina Kwan, has reportedly stepped down. A spokesperson familiar with the matter told industry-focused media outlet The Block on Sept. 9: “We can confirm that Angelina Kwan is leaving the company and is on gardening leave now. That’s all we can say on the matter at the moment, but we wish Angelina all the best.” A veteran Hong Kong regulator Kwan — who previously covered enforcement and market supervision as part of her role as director of Hong Kong’s Securities and…

Tim Draper Joins Board of Directors at EOS-Based DApp Firm

Tim Draper, a famous investor with an estimated crypto net worth ranging between $350 million and $500 million, joined the board of directors of EOS-based decentralized application (DApp) firm MakeSense Labs. Draper commented on the appointment in a MakeSense Labs press release on Sept. 9, saying, “I am excited to support this amazing application. Sense.Chat improves human connections by allowing private, seamless messaging and payments.” A notable investor Per the release, Draper was an early investor in the firm’s parent company Sensay. Sense.Chat chief technology officer Ben Sigman commented on…

Bitcoin Hater Mark Mobius Bats for Gold upon Its 21% YTD Rise |

After suggesting that decentralized asset bitcoin should be backed by Gold, prominent billionaire investor Mark Mobius is asking global investors to raise their stakes in the precious metal. The Mobius Capital Partners’ founding partner said in an interview with CNBC’s “Street Signs” that investors should allocate 10 percent of their portfolio to physical gold. He based his bullish sentiment on the central banks’ buying spree of the yellow metal in the first half of this year as they plan monetary easing on the sideways. Excerpts: “Physical gold is the way…