China is infamous for its rigid regulatory stance on the cryptocurrency and blockchain ecosystem. In an extension of this outlook, the Beijing Internet Finance Industry Association released a report warning netizens about the so-called “financial innovations”. According to the report, words like “forum” and “research” are being used as euphemisms to facilitate both online and […]
Following Celer Network’s ‘successful’ token sale on Binance Launchpad, Binance CEO Changpeng Zhao has hinted that a new model where BNB holders will get first dibs on new token launches may be in the works. Celer Network Sale ‘Success’ Binance Launchpad concluded its third token sale for the year. The project, called Celer Network, sold out its planned supply of almost 600 million CELR tokens in a little less than 18 minutes. The event raised
There have been many cases where Bitcoin’s dominance in the cryptocurrency market has been questioned. With the advent of the bear market, many in the cryptocurrency system have also commented that ‘Bitcoin is dead.’ According to recent research by John-Paul Thorbjornsen however, Bitcoin is still going strong with a market dominance of more than 80 […]
Western Union is pushing further into the crypto world, teaming up with a cross-border payments network so its customers can take advantage of mobile wallets. The network is Thunes, and through it, Western Union customers can send funds directly into a recipient’s mobile wallet. All they need to do is go online or visit one of the many agent locations just as they do to make traditional transfers. Why Should Anyone Care? Western Union has long been known as the place to make wire transfers and pay bills, but advances in the world of fintech have nearly rendered the brick-and-mortar
World Wire is a real-time global payments network for regulated financial institutions and banks around the world to transfer money across borders seamlessly and efficiently. According to DNA, a news outlet, a partnership between World Wire and MatchMove was finalized on March 19, 2019. The partnership will allow MatchMove to access a single unified network […]
The crypto craze has been going on for over 10 years now and it seems like no one is getting enough of it. How have you been enjoying the boom of cryptocurrency trading? Is that all blockchain has to offer? Where else has blockchain been adopted in real life? Thanks to blockchain, transferring money can […]
The crypto markets are experiencing a relatively quiet Friday as Bitcoin continues to trade sideways in a tight trading range between $4,000 and $4,100. This stability should not fool traders, however, as analysts expect BTC to drop in the near future as its upwards momentum begins to fade. If Bitcoin is unable to garner more...
Should banks design their own cryptocurrencies? According to Agustin Carstens, general manager of the Bank for International Settlements, the answer is a definitive “no.” Crypto Isn’t Cool? Carstens has never been a fan of crypto, having likening bitcoin to a “bubble,” a “Ponzi scheme” and an “environmental disaster” in the past. At a speech in Dublin, Carstens explained his fear of cryptocurrencies further, saying that they undermine the global banking system. He is now warning banks of the dangers of creating their own digital currencies. Virtual coins, he claims, go against everything banks stand for. They decrease financial stability and
The Centre for Information and Industry Development in China (CCID) has updated its monthly crypto project rankings. Following the update the top three spots on the list of most promising public blockchain-based assets are compromised of the Ethereum network (ETH), Tron (TRX), and EOS, whilst Bitcoin (BTC) fell on the list. CCID looked at a...
Peter Brandt, the author of Diary of a Professional Commodity Trader and an old school trader, posted his technical analysis of XRP with a few controversial statements. Brandt’s technical analysis showed the price of XRP stuck in a massive descending triangle, which usually results in a bearish breakout as per its definition. Descending triangles are […]
There is a common motif within the crypto markets that the advent of “do-no-harm” regulation would allow for an influx of institutional, corporate, and public funds that will help propel Bitcoin and other cryptocurrencies higher. Despite this, a recent report conducted by Bitwise Asset Management explains that the nascent markets are actually significantly more regulated...
Bitcoin [BTC] resumed its sideways movement after a pump on March 15, 2019. The price was oscillating constantly between its support and resistance points. At press time, the price of Bitcoin was $3,977, while the market cap was $70 billion. The 24-hour trading volume for Bitcoin was $10 billion. Most of the trading volume was contributed by […]
The manager of the Bank of International Settlements (BIS) has voiced opposition to the initiatives proposed by JP Morgan and other banks to issue their own digital currencies, which borrow from the design of crypto, whilst omitting its truly liberating features. Augustin Carstens made his comments during a speech at the Central Bank of Ireland...
Like a scene from an Orwellian nightmare, authorities in Shenzhen China show where the future of centralized cashless payments is headed. And it isn’t pretty. Centralized Cashless Payments in China China is known for its high rate of technology adoption. Of the 2 billion or so smartphones around the world, two-thirds of them are in China. Unlike most users in the West, Chinese smartphones are particularly popular for making instant cashless payments. Just about everyone
Bitcoin critic Agustín Carstens, general manager of the Bank for International Settlements (BIS), delivered a stark message on Friday about the future of money. Despite rapid technological changes, Carstens says central bankers aren’t compelled to overhaul monetary policies. Central bank-issued digital currencies (CBDCs), he adds, are not in demand. Speaking in Dublin at the Central […]
The cryptocurrency market has witnessed many people taking advantage of its unsupervised and decentralized nature, with many falling prey to frauds and large scale financial manipulation. One of the main examples of a cryptocurrency proponent caught in the mix was Alexander Vinnik, the founder and CEO of the now-defunct BTC-e, a Bitcoin exchange that was […]
The mystery surrounding the disappearance of $190 million in crypto from Canadian exchange Quadriga deepened as it was revealed the surviving founder is a reported ex-con who served 18 months in a federal U.S. prison for identity theft, bank fraud and credit card fraud. Michael Patryn, who founded Quadriga with Gerald Cotten, has been revealed as Omar Dhanani. After denying this and disputing reports linking him to his criminal past, records were obtained showing that Patryn legally changed his name twice, six years before he founded Quadriga with Cotten. Here are today's top legal stories ⬇ 1. Omar Dhanani, now
It will take more than a year to understand whether or not Ripple’s XRP is a securities asset, according to Jake Chervinsky. The dispute and investigation lawyer, associated with a global law firm Kober & Kim, tweeted a long thread explaining the next possible course of actions in the ongoing federal lawsuit against Ripple Labs....
Top 10 FUD vs FOMO in the last 24 hours
|7||Firebeard Jeff||4860.411836 points|
Every three months top contributor gets a Blockchain Whispers gift.
|6||Bitcoin Cash (BCH)||Check||$165.57||$2.93B||7.08%|
|7||Binance Coin (BNB)||Check||$15.28||$2.16B||4.14%|
|12||Bitcoin SV (BSV)||-||$67.45||$1.19B||2.31%|
|19||Ethereum Classic (ETC)||-||$4.89278||$534.12M||-0.05%|
|24||Crypto.com Chain (CRO)||-||$0.06732||$280.96M||0.82%|
|26||Basic Attention Token (BAT)||-||$0.19955||$248.26M||2.42%|
|27||USD Coin (USDC)||-||$1.01172||$247.57M||-0.14%|
|31||Bitcoin Gold (BTG)||-||$13.14||$228.84M||0.65%|
|43||Enjin Coin (ENJ)||-||$0.18776||$144.02M||-2.03%|
|49||Bitcoin Diamond (BCD)||-||$0.85874||$132.04M||1.19%|
|50||Huobi Token (HT)||-||$2.52097||$126.05M||-0.11%|
|52||Paxos Standard Token (PAX)||-||$1.01052||$120.40M||-0.10%|
|56||Maximine Coin (MXM)||-||$0.06908||$113.91M||20.78%|
|57||Pundi X (NPXS)||-||$0.00062||$107.45M||-1.70%|
|60||KuCoin Shares (KCS)||-||$1.15781||$104.13M||7.62%|
|62||ABBC Coin (ABBC)||-||$0.21103||$96.54M||-15.17%|
|67||Project Pai (PAI)||-||$0.05372||$77.93M||3.72%|
|68||Insight Chain (INB)||-||$0.22228||$77.78M||2.73%|
|78||Gemini Dollar (GUSD)||-||$1.00896||$62.17M||-0.50%|
|85||FREE Coin (FREE)||-||$0.00001||$56.47M||2094.14%|
|86||Loom Network (LOOM)||-||$0.07245||$55.31M||-2.64%|
|87||Digitex Futures (DGTX)||-||$0.07497||$55.29M||0.60%|
|93||STEM CELL COIN (SCC)||-||$0.15559||$49.89M||162.14%|
|94||Metaverse ETP (ETP)||-||$0.82885||$49.71M||22.39%|
|96||Safe Exchange Coin (SAFEX)||-||$0.03208||$49.51M||535.88%|