On June 20, Binance coin [BNB], a coin ranked seventh on CoinMarketCap, surged by a massive 6.38% over the past hour. The coin also broke its all-time high and was trading at $36.47, at press time. At press time, BNB was being traded at $36.47 with a market cap of $5.097 billion. The 24-hour trading […]

LVC Corporation, the crypto- and blockchain-focused arm of Japanese messaging giant Line, is allegedly close to obtaining an FSA-issued crypto exchange operating license

The twelfth largest cryptocurrency according to CoinMarketCap, Tron [TRX], might have missed making a mark with respect to its price. However, its DApps have taken over the task of contributing significantly to its environment. Tron, in their latest announcement about the Odyssey 3.6 upgrade, had prioritized entertainment-focused decentralized applications [DApps]. Tron’s Chief Executive Officer, Justin […]

Analysts at the Reserve Bank of Australia claimed that neither general cryptocurrencies nor stablecoins can be an alternative to fiat in local retail payments

The Fibonacci retracement tool of popular chart analysis service TradingView “works perfectly fine,” according to the analyst who previously claimed that it was broken

Blockstack has launched a new ad campaign. The blockchain solutions company has put up a billboard right outside of Google’s Mountain View headquarters as a reminder of how decentralized systems are designed to leave bias, politicking and human fury behind. Can’t be evil. This message is now displayed outside Google HQ in Mountain View. pic.twitter.com/BVK5SPaNet […]

By CCN Markets: Goldman Sachs issued a dire warning about U.S. tech stocks last weekend. Their valuation premiums are at historic highs. Add the potential threat of U.S. regulatory interventions, and Goldman sees a bear market ahead for tech. In an investor note Friday, Goldman’s chief U.S. equity strategist, David Kostin, admonished clients about the risks facing tech stocks: “Rising market concentration and the political landscape suggest that regulatory risk will persist and could eventually weigh on company fundamentals. The valuation premium for growth is elevated today relative to history; Software in particular now carries the highest multiples since the

Bitcoin could be in for a 2-month lull going by historical data of BTC’s monthly performance since 2010. August is Historically Worst Month for Bitcoin Price In a tweet by “Cane Island Crypto” on Wednesday (June 19, 2019) the bitcoin analyst revealed a trend which shows a cooling period for bull rallies between August and September. This conclusion comes from examining the median BTC monthly returns since 2010. https://twitter.com/nsquaredcrypto/status/1141376159575347201/photo/1 According to the data, August has

Bitcoin’s performance turned a corner in April 2019. However, there were other cryptocurrencies that have been surging through the bear market, including Binance coin and Litecoin. Binance coin has been one such noteworthy crypto, recording massive surges while disregarding bearish pressure in 2018. BNB reached its bottom on December 14, 2018, following which it was […]

20 June 2019, (Debert, Nova Scotia, Canada) – The Peerplays Blockchain Standards Association (PBSA) today announces the availability of  BookiePro, the world’s first provably fair sports betting exchange, on the Peerplays blockchain mainnet. This is the first of multiple DApps (decentralized applications) in development at PBSA that are expected to launch this year. The sports betting exchange, a peer-to-peer model with back and lay functionality, has long been dominated by a handful of centralized entities. BookiePro differs by launching as a play-for-fun exchange, meant to educate users who are more familiar with the traditional sportsbook model where users bet against

By CCN Markets: The Dow and broader U.S. stock market surged on Thursday, as traders doubled down on their bets that the Federal Reserve will lower interest rates following next month’s policy meeting. Dow Extends Rally; S&P 500, Nasdaq Follow All of Wall Street’s major indexes opened sharply higher on Thursday, mirroring a strong pre-market for Dow futures. The Dow Jones Industrial Average spiked 215.31 points, or 0.8%, to 25,719.31. The broad S&P 500 Index of large-cap stocks climbed 1% to 2,954.81, with seven of 11 primary sectors reporting gains. Health care stocks were the biggest gainers, climbing 1% as

MetLife, which offers insurance, retirement and savings products and boast of about 90 million customers spanning across 60 countries is about to adopt Ethereum’s network to improve its service. MetLife Will Make Claiming Life Insurance Easy The life insurance giant plans to use the network to solve some of the issues associated with filling a […]

Facebook has reportedly not applied for approval in India for operating its upcoming cryptocurrency Libra project

QuadrigaCX is the gift that keeps on giving. The now-defunct Canadian cryptocurrency exchange has been at the center of a six-month-long controversy involving 650,000 ETH, a “Big-Four” auditor, a private jet, and the mysterious death of the man behind it all. Ernst and Young, the audit giant, the court-appointed third-party monitor and now the bankruptcy […]

Turks are the most likely people to own cryptocurrency among selected countries in a new poll, according to the Statista Global Consumer Survey. The poll, which features 1,000 respondents in each of the surveyed countries, indicates 20% of people in Turkey have used or owned cryptocurrencies. That was followed closely by 18% in Brazil and […]

By CCN Markets: Line, the most widely utilized messaging application in Japan with more than 80 million users is set to receive approval from Japan’s Financial Services Agency as early as June to launch a crypto exchange, according to a Bloomberg report. In July 2018, Line launched a crypto exchange called “BITBOX” in Singapore with the intent of integrating LINK, the Line ecosystem’s native crypto asset. BitMax, Line’s new crypto exchange awaiting for an approval from local financial authorities, will launch in Japan to facilitate trades for local users. BITBOX has disallowed Japanese users from trading since its launch. Line

Co-founder of the Wyoming Blockchain Coalition and a blockchain evangelist, Caitlin Long, recently spoke about Libra, Facebook’s cryptocurrency, during an interview with WhatBitcoinDid. She spoke about whether people would start to use the cryptocurrency extensively, resulting in the devaluation of the local currency owing to a lack of use. Long stated that Libra’s launch would […]

A trading platform says it is helping crypto consumers make informed decisions by giving them access to thousands of portfolios and strategies #SPONSORED

By CCN Markets: The Dow Jones closed in on record highs on Thursday, but for one billion dollar fund, this is the perfect time to lock in profits.  Pictet Wealth Management, which manages $222 billion, is cashing out of stocks at the top of the market and piling up cash reserves. The fund is now building a defensive portfolio in the face of global trade war fears. Is it a sign that the Dow Jones rally is running out of steam? Dow futures jump 200 points, just shy of record high Dow Jones Industrial Average futures surged on Thursday after the Federal

It’s safe to say that the last week of trading turned out to be quite prosperous for the overall cryptocurrency market which gained more than $25 billion through that period. Its current capitalization is around $287 billion, up around 10% in the past seven days alone. During that period, Bitcoin also managed to increase substantially, […]

Bitcoin [BTC] made headlines recently with the value of the smallest unit of Bitcoin, Satoshi, recording greater values than the fiat currencies of Iran, Vietnam and Indonesia. After breaching the $9000 mark recently, Bitcoin marked another milestone after it became the 8th largest currency in the world, surpassing Russia. The digital coin crossed Russia’s monetary […]

Bitcoin price will have little trouble hitting $15,000 once resistance at $10,000 falls, Tyler Winklevoss believes. Bitcoin ‘Cheap Until It Disrupts Gold’ Writing on social media as Bitcoin price circled $9250, one half of the Winklevoss twins forecast that the cryptocurrency’s trajectory would see it home in on its 2017 all-time high of $20,000. “If bitcoin breaks 10k, you can bet it’s going to break 15k,” he tweeted June 19. BTC/USD has broadly recovered from

On Wednesday, the Federal Reserve’s Jerome Powell was asked about his latest thoughts on Bitcoin (BTC), crypto assets, and Libra. True to his nature as an integral piece of traditional finance, the chairman of one of the world’s most powerful institutions didn’t express fear. In fact, echoing a quip he made in 2018, he claimed...

Live streaming startup YouNow, which created the decentralized video ecosystem Props, has filed a public offering with the U.S. SEC to allow users to compliantly earn tokens

By CCN Markets: Facebook confirmed that its new cryptocurrency Libra isn’t designed to kill or compete with bitcoin. David Marcus, the man leading Facebook’s crypto efforts, said Libra and bitcoin can co-exist with differing use cases and that’s he a big fan of BTC. In a tweet yesterday, he explained that Libra is designed to be a stable payment system. On the other hand, Bitcoin, he believes, is a store of value or a non-correlated asset, playing into the ‘digital gold’ narrative. “Many want to pit Libra vs. Bitcoin. In my mind these two are not in the same category.

For the time being, Amazon is staying away from competing with Facebook’s Libra, according to an Amazon Pay executive