Day: September 17, 2019

Ethereum (ETH) & Ripple (XRP) Surge Sparks Fresh Rally In Altcoins

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ETH price rallied further and broke the $200 and $210 resistance levels against the US Dollar. Bitcoin price is consolidating near the $10,200 and $10,250 pivot levels. There is a new connecting bullish trend line forming with support near $206 on the hourly chart of ETH/USD (data feed via Kraken). The pair is showing a lot of bullish signs and it might even surpass the $215 resistance level. Ethereum price is up close to 8% and ripple surged 18% versus the US Dollar, while bitcoin is consolidating. ETH price could…

Can Crypto Change 75 Years of Money?

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On the 75th anniversary of the historic Bretton Woods Monetary Conference, which established the U.S. Dollar as global reserve currency , its time to ask tough questions about whether the current monetary system is failing and whether Crypto really can fix this mess. UCN9Nj4tjXbVTLYWN0EKly_Q Source link

NEO Global Development Announces Pilot Network for Next Year’s NEO3

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NEO is launching the NEO3 Preview1 on a pilot testing network today, intending to introduce its developer communities to major updates in NEO3. First NEO3 TestNet On Sept. 17, in a press release shared with Cointelegraph, NEO Global Development (NGD) announced that it is releasing the NEO3 Preview1 build.  Despite the fact that the official release of NEO3 is not until next year, the Preview1 build provides several insights into architectural changes and some major updates. In response to the release, Erik Zhang, NEO Founder, noted that: “Through the NEO3…

CBOE Withdraws VanEck, SolidX Bitcoin ETF Proposal From SEC Review

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The Chicago Board Options Exchange’s (CBOE) BZX Equity Exchange has withdrawn its proposal before the U.S Securities and Exchange Commission (SEC) VanEck/SolidX Bitcoin (BTC) exchange-traded fund (ETF). SEC faced Oct. 18 deadline On Sept. 17, the SEC published a notice that the CBOE had withdrawn its application for the VanEck/SolidX Bitcoin ETF on Sept.13. Although no reason was given, the decision to withdraw the proposal came just weeks after the firm began offering a limited Bitcoin ETF for institutions. The SEC had already delayed a decision on the matter, but…

Japanese Messaging Giant Line Rolls Out Crypto Trading Platform Bitmax

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Japanese messaging giant Line launched its new crypto trading platform Bitmax on Sept. 17, Cointelegraph Japan reports. FSA approval received Following regulatory approval to operate a crypto exchange in early September, Line’s blockchain arm LVC Corporation officially introduced its newly launched crypto platform today. In accordance with previous announcement, Bitmax will initially allow users to trade five major cryptocurrencies including Bitcoin (BTC), Ether (ETH), XRP, Bitcoin Cash (BCH) and Litecoin (LTC). Small transactions for newcomers With exposure to 81 million users in Japan, Line now accepts deposits and withdrawals through…

German Finance Minister Says Gov’t Must Reject Facebook’s Libra Coin

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German Finance Minister Olaf Scholz stated that policymakers cannot accept parallel currencies such as Facebook’s proposed Libra stablecoin. Prevent stablecoins from becoming alternative currencies As reported by Reuters, on Sept. 17, German Vice Chancellor and Finance Minister Olaf Scholz said during a panel discussion in Berlin that Facebook’s planned crypto coin Libra will be clearly rejected. He said: “We cannot accept a parallel currency. […] You have to reject that clearly.”  According to a document seen by Reuters, German regulators are working closely with their European and international allies to…

Iota Introduces Chronicle, a New Solution for Long-Term Data Storage

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Iota has introduced Chronicle, a permanode solution that will allow its node owners to easily store all of their transactions and maintain uninterrupted access to that data. Iota’s unlimited storage solution On Sept. 17, the Iota Foundation announced Chronicle, which allows node owners to store all the data of the Tangle and quickly access that data when needed over an indefinite length of time. Before Chronicle, node owners of the IoT-based cryptocurrency project, faced issues that were directly related to limited storage, as transactions quickly filled up the database. Iota…

‘Master’ of Alternative Investments Doesn’t Have a Clue About Bitcoin – CCN.com

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Blackstone CEO Stephen Schwarzman was once lauded as the “Master of the Alternative Universe” but ironically still won’t buy bitcoin. | Credit: Reuters/Arnd Wiegmann Blackstone head honcho Stephen Schwarzman is rich. Really rich. Almost twice the market cap of bitcoin-level rich, in fact. The man who was, once upon a time, lauded as the “Master of the Alternative Universe” built his empire by taking risks. Over the years, the billionaire CEO has traded in a wide variety of businesses including a casino, a marine theme park, and even a German…

Coil, Mozilla, Creative Commons Offer $100M Grant for Web Monetization

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Ripple-backed content platform Coil and major open-source browser Mozilla have teamed up to give away a $100 million grant for web monetization. In a Sept. 16 blog post, the team behind Coil revealed that it, Mozilla and Creative Commons, a nonprofit that provides free licenses for creators, are jointly donating $100 million for a program aimed at facilitating and improving monetization on the web. “Grant for the Web” The aforementioned grant that intends to benefit creators and promote the open Web Monetization standard is dubbed “Grant for the Web.” Web…

Altcoins Continue Explosive Bull Run While Bitcoin Stalls at $10,200

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Tuesday, Sept. 17 — Altcoins are showing massive upward price movements, while the No.1 cryptocurrency trades flat at around $10,200. Market visualization. Source: Coin360 While the number of Bitcoin (BTC) wallet addresses holding a minimum of 10 BTC — worth over $100,000 — has hit an all-time high, the Bitcoin price continues to trade sideways, with an intraday high of around $10,320. BTC has been slowly trading downwards to its current trading price of $10,216 and is showing a small gain of 0.8% on the day, according to data from Coin360. Bitcoin…

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