Archive for August 21st, 2019

Kraken Crypto Exchange to Add Support for BAT and WAVES

August 21, 2019 | By | Reply | 24 Readers More
Kraken Crypto Exchange to Add Support for BAT and WAVES

American cryptocurrency exchange Kraken will add support for Basic Attention Token (BAT) and Waves (WAVES).  According to an announcement on Aug. 21, the exchange’s users will be able to deposit and withdraw the aforementioned coins starting tomorrow, Aug. 22, as well as trade with both assets. Kraken will roll out trading pairs between BAT and […]

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Market Update: Prices Drop as Crypto Sentiment Enters the Fear Zone

August 21, 2019 | By | Reply | 24 Readers More
Market Update: Prices Drop as Crypto Sentiment Enters the Fear Zone

Cryptocurrency markets fell hard on August 21 following the $700 price drop bitcoin core (BTC) saw during the early morning trading sessions. Most digital assets have lost 2-8% in value as the overall market valuation of all 2,000+ coins has plunged to $263 billion. Crypto price movements have been following a trend of strong volatility, […]

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Mark Mobius Calls Bitcoin a “Psycho Currency” • Live Bitcoin News

August 21, 2019 | By | Reply | 22 Readers More
Mark Mobius Calls Bitcoin a “Psycho Currency” • Live Bitcoin News

Bitcoin has a habit of dividing people. Some are all for it, while others think it’s weird, evil, or a complete waste of time. For enthusiasts, the difficulties always come when legendary investors or businessmen attack bitcoin’s prospects and act like it has no merit. Today, people like Warren Buffett are joined by the ranks […]

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Bitcoin addresses of Chinese ‘drug kingpins’ blacklisted by US Treasury

August 21, 2019 | By | Reply | 23 Readers More
Bitcoin addresses of Chinese ‘drug kingpins’ blacklisted by US Treasury

Financial Crimes Enforcement Network (FinCEN) and the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued an advisory to alert financial institutions to drug trafficking-related financial schemes. The U.S. Department of Treasury released a detailed post that highlighted, “Information in the advisory will assist them (FinCEN) in detecting and reporting related criminal […]

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The World Bank’s Blockchain Bond Is Just a Fancy Way of Selling Debt

August 21, 2019 | By | Reply | 24 Readers More
The World Bank’s Blockchain Bond Is Just a Fancy Way of Selling Debt

Last year the World Bank and the Commonwealth Bank of Australia announced a permissioned Ethereum-based blockchain to facilitate the end-to-end issuance of bonds between financial partners. The Bretton Woods-created financial institution hopes to make debt capital markets far more efficient with a bank-to-bank blockchain network. At the same time, the World Bank’s bond scheme has […]

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Bitcoin Could Follow Gold Fractal With 44% Drop to Under $7,000

August 21, 2019 | By | Reply | 25 Readers More
Bitcoin Could Follow Gold Fractal With 44% Drop to Under $7,000

Bitcoin has long been pitched as the digital version of gold – a precious metal that’s long been used as a store of wealth, transfer of value, and features many of the attributes that Bitcoin is lauded for, such as scarcity. Bitcoin price has also been following a fractal found on gold price charts almost […]

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Indian Supreme Court Orders RBI to Answer Crypto Exchanges, New Date Set

August 21, 2019 | By | Reply | 22 Readers More
Indian Supreme Court Orders RBI to Answer Crypto Exchanges, New Date Set

After hearing the arguments against the banking restriction by the Reserve Bank of India (RBI) in detail, the Indian supreme court directed the central bank to reply to the representations filed by crypto exchanges. Since the RBI has not adequately answered them, the court set a new date to resume hearing the case. Also read: […]

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Bitcoin Price Back Under $10K Closer to ‘Ideal Buy Zone,’ Says Trader

August 21, 2019 | By | Reply | 26 Readers More
Bitcoin Price Back Under $10K Closer to ‘Ideal Buy Zone,’ Says Trader

After failing to reclaim the $11,000 threshold yesterday, Bitcoin (BTC) price has dropped again to four figures. After the biggest cryptocurrency rapidly dropped $700 in minutes earlier today, the bearish movement continued as Bitcoin dipped below $10,000 price mark. Market visualization | Source: Coin360 At press time, Bitcoin is trading at $9,983, down 6.5% over […]

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Litecoin Price Analysis: Litecoin Struggling Upon Reaching $70, Will Hold The Significant Support?

August 21, 2019 | By | Reply | 34 Readers More
Litecoin Price Analysis: Litecoin Struggling Upon Reaching $70, Will Hold The Significant Support?

Litecoin has seen a further 5% price decrease over the past 24 hours, which has brought the price of the cryptocurrency down to $70. This latest price drop is mostly a result of Bitcoin dropping back beneath the $10,000 region as things start to look bleak for the overall cryptocurrency market. Litecoin remains the fifth-largest […]

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Tether Plans to Issue Chinese Yuan-Pegged Stablecoin CNHT

August 21, 2019 | By | Reply | 26 Readers More
Tether Plans to Issue Chinese Yuan-Pegged Stablecoin CNHT

New findings have revealed that controversial stablecoin issuer, Tether, is seemingly working on a new stablecoin project dubbed “CNHT”. The new stable coin will be pegged to the offshore Chinese official fiat currency Renminbi (RMB/CNY). This was confirmed today by Zhao Dong, a shareholder at Bitfinex, a cryptocurrency exchange owned by iFinex Inc., which is […]

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