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Research had suggested 95 percent of exchanges’ volumes listed on the site were fake. Cryptocurrency market data resource CoinMarketCap (CMC) has promised to rearrange how it ranks member exchanges after research found overwhelming evidence of fake volume. The company confirmed the upcoming changes on social media on March 25. CMC is arguably the industry’s best-known tracking service for the market cap of Bitcoin (BTC) and altcoins, as well as for the activity on exchanges trading them. However, last week, research from cryptocurrency index fund provider Bitwise claimed that CMC hosts almost entirely fake volume statistics. This in turn deceives investors and inflates the profile of affected coins, Bitwise explained in the report. Now, CMC has appeared to heed the warnings represented in the research, which Bitwise sent to United States regulators for consideration as part of its application to launch a Bitcoin exchange-traded fund (ETF). “We are listening to all our users' feed..
United Kingdom-based social trading platform eToro has added support for Tron. United Kingdom-based social trading platform eToro has announced the listing of Tron (TRX), the firm tweeted on Monday, March 25. The announcement comes on the heels of the launch of eToro’s crypto trading services in the United States earlier in March. The company announced it will offer crypto trading services to users in 32 U.S. states, listing 13 crypto assets including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Bitcoin Cash (BCH) and Stellar (XLM). The Tron token is the 11th top cryptocurrency, ranked according to its market capitalization of $1.55 billion. According to CoinMarketCap, TRX is trading at $0.023 at press time, down around 1.5 percent over the past 24 hours but up about 1.3 percent over the past 7 days. With its mainnet released in June 2018, Tron seeks to provide a decentralized platform for the digital entertainment industry, focusing on the fair distribution of rewards..
BitMax.io (BTMX.com), the industry-leading next-generation digital asset exchange, has announced a strategic partnership with BOLT, a company whose vision is to be the largest mobile wallet in the world, powered by content. BitMax.io will primarily list BOLT (BOLT) under the trading pairs of BOLT/BTC and BOLT/USDT. Trading will start at 9:00 a.m. EDT on Mar 26th, 2019. What is BOLT?BOLT’s vision is to be the largest mobile wallet in the world, powered by content. Built on Zilliqa, the fastest Blockchain platform, its mission is to democratize the chain between content producers and users. Join CCN for $9.99 per month and get an ad-free version of CCN including discounts for future events and services. Support our journalists today. Click here to sign up.BOLT has focused their efforts in building token utility partnerships, including hardware manufacturers like Hisense in South Africa (over 6M active devices), partnering with International Cricket Council to broadcast the Cricket Worl..
While the change in Coinbase Pro fees is still the trending topic in the cryptocurrency space, Stellar (XLM) is enjoying the Coinbase effect that comes from Coinbase listing. The Coinbase effect is an informal phrase that is used to refer to a situation where the price of a token suddenly surges higher against the USD due to a Coinbase listing. Coinbase Effect: Stellar (XLM) Gets Listed On Coinbase Coinbase is the most popular cryptocurrency exchange in the United States. So, when a token gets listed on Coinbase, the market sentiment becomes positive and the token usually begins to outperform the rest of the market. During a bear market, the Coinbase listing effect is usually a big deal. This is because as the bears take control of the market, most cryptocurrencies start losing the price value against the USD. So, it’s kind of a big deal for a cryptocurrency, especially a small market capitalization altcoin, to outperform the bear market after a Coinbase listing. The cryptocurrency w..
BitMax.io (BTMX.com), the industry-leading next-generation digital asset exchange, has announced a strategic partnership with Alluva, a blockchain-based product (web and DApp) that turns cryptocurrency investment market noise into actionable data. Alluva tokens will be primarily listed on the BitMax.io exchange on March 18th, 2019. What is Alluva?Alluva is a blockchain-based product (web and Dapp) that allows users to earn rewards when they can accurately predict crypto prices and rate crypto products. As a free-to-use product, it is ideal for investors who want to expand their portfolio with minimum risk or new investors who want to hone their skills without risking their own money. Users can predict the prices of crypto assets for periods ranging from one day to one year. The gamified approach makes contributing easy and fun. Users create an account and can immediately start to offer their input. Alluva evaluates contributed ratings through its proprietary algorithm to then reward ..
The New York Times is apparently hunting blockchain talent to develop a proof-of-concept that will implement the tech in news publishing. United States news giant the New York Times (NYT) has evidently been hunting blockchain talent to develop a proof-of-concept (PoC) that will implement the tech in news publishing. The development was revealed in an NYT job posting on job listings site Glassdoor today, March 13. To press time, the original listing has been taken down from the Times’ site, and has been made “unavailable” on some listings sites, such as Indeed, where it nonetheless remains visible. The reasons for its swift removal have not been explained. As of the time of writing, the Times has not responded to Cointelegraph’s request for comment. The listing states that the NYT is seeking “a forward-looking leader who will help envision and design a blockchain-based proof of concept for news publishers.” The new “Lead, Blockchain Exploration” role at NYT would be tasked with develop..
Fresh comments from Ripple’s Miguel Vias come amid continued tension over XRP’s sudden appearance on Coinbase’s platforms. Blockchain payment network Ripple did not influence United States cryptocurrency exchange Coinbase’s decision to list XRP, a senior executive claimed on social media on Feb. 27. As part of a Twitter debate involving United Kingdom-based entrepreneur and investor Alistair Milne, Ripple’s head of markets, Miguel Vias, broke ranks with previous correspondence from Ripple about Coinbase. Milne had written to the company asking for comment on rumors, which assert that Ripple either paid or offered an incentive to Coinbase in order to list XRP on its professional trading platform, Coinbase Pro. In response, Coinbase’s director of communications, Elliott Suthers, refused to discuss the issue in public, offering only the option of a private conversation. After Milne uploaded a screenshot of Suther’s email to Twitter, Vias weighed in, denying outright any allegations. “We’..
Ankr Network, a disruptive cloud computing platform, has announced a primary listing partnership with BitMax.io (BTMX.com), the world’s first 3rd-generation crypto-to-crypto exchange. BitMax.io’s vision of empowering the blockchain community by providing users with a resilient and efficient liquidity platform aligns with Ankr’s vision of carrying the utility of blockchain technology to mass scale. As Ankr Network gathers increased adoption, its network users and nodes will be benefited by BitMax.io from a liquidity perspective. What is Ankr Network? Cloud computing has become the backbone of the modern web. Nearly every small or large website and application relies on cloud computing services to host their service, store their data, and direct their user traffic. Cloud computing umbrellas a large menu of services. However, a few key provisions make up the largest portion of cloud computing demand: data storage, computational power, and content delivery. Presently, enormous centraliz..
As reported by smartereum.com, Coinbase Pro finally announced that it would be listing the third largest cryptocurrency per market capitalization, XRP. Since then, the entire cryptocurrency community has been talking about the possibility of Nasdaq listing XRP index the same way it listed Ethereum and Bitcoin indices. Keep in mind that Nasdaq is the second largest traditional exchange in the world. The Bitcoin and Ethereum indices the exchange just listed are powered by the blockchain company, Brave New Coin. Brave New Coin Makes Room For XRP Index The fact that Nasdaq listed Bitcoin and Ethereum indices is a big deal. Apart from the fact that it paves a way for greater adoption due to exposure, it also gives the industry a great deal of credibility from Wall Street. When BNC made the announcement yesterday, the company added that it was already in the final stage of development for the XRP liquid index. Since Nasdaq had already listed the top two indices, it would not be surprising f..
Per Diar’s recent report, Ripple is breaking one of Coinbase’s listing rules specified in the exchange’s “Digital Asset Framework.” Ripple (XRP) is reportedly violating one of Coinbase's listing rules, even though the cryptocurrency exchange added support for the altcoin on the its Pro platform. A Feb. 26 report by blockchain research firm Diar states that XRP breaks one of Coinbase’s requirements to be listed on the platform. Specifically, in its “Digital Asset Framework,” Coinbase states that "the ownership stake retained by the team is a minority stake," while, according to Diar, Ripple holds around 60 percent of the supply in escrow with a release schedule. Coinbase Pro, the professional offering of United States-based crypto trading platform and wallet service Coinbase, added support for XRP token yesterday, Feb. 25. In the announcement, Coinbase stated that full trading of XRP will be available to customers in the U.S., Canada, the European Union, the United Kingdom, Singap..