Monday, February 18, 2019
Home Tags Movements

Tag: movements

Hodler’s Digest, February 11–17: Top Stories, Price Movements, Quotes and FUD...

Fundstrat Global Advisors thinks that crypto prices can see higher price points, and JPMorgan plans to launch its own coin. Top Stories This WeekFundstrat Global Advisors Expects 2019 to Bring More Institutional Investors to CryptoAccording to a report on the 2019 crypto outlook released by New York-based research company Fundstrat Global Advisors, incremental improvements in the crypto space can provide support for higher prices for cryptocurrencies. The report notes that as the United States dollar is expected to weaken, and more institutional investors enter the space, a visible market recovery can be expected. Fundstrat states that the current year’s crypto hangover can be attributed to the waning interest in the initial coin offering (ICO) sector as well as adverse regulatory achievements. JPMorgan Chase Launches JPM Coin to Increase Settlement Efficiency in Three OperationsUnited States banking giant JPMorgan Chase announced this week that it was planning to launch its own digit..

Hodler’s Digest, February 4–10: Top Stories, Price Movements, Quotes and FUD...

The mystery around embattled crypto exchange QuadrigaCX deepens, and Facebook acquires a blockchain startup. Top Stories This WeekFacebook Reportedly Acquires Blockchain Startup in First Blockchain-Related Acquisition Social media network Facebook has reportedly acquired blockchain startup Chainspace in its first apparent blockchain-related acquisition. According to news outlet Cheddar, the acquisition is considered an “acquihire,” or an acquisition of a company made in order to get the skills or expertise of its staff, as opposed to the company’s service or products. According to Cheddar, four of the five researchers that worked on Chainspace’s academic white paper will be joining Facebook. Facebook had told Cheddar that it had not acquired any of Chainspace’s technology. Leaked Mt. Gox Info Purports to Show $318 Million in Bitcoin, Bitcoin Cash on BitPoint According to leaked documents reportedly showing the rehabilitation proceedings of defunct cryptocurrency exchange Mt. Gox, the ..

Cryptos See Mild Movements After Market Surge, Bitcoin Holds Above $3,600

The crypto markets are seeing mixed, mild signals, while Bitcoin manages to stay above $3,600 for the second day in a row. Saturday, Feb. 9 — as Coin360 data shows, major cryptocurrencies are facing a mix of mild gains and losses, following a major market surge since yesterday. Bitcoin (BTC) is holding steady above the $3,600 price point. Market visualization from Coin360 BTC gained over $200 in value on Friday, Feb. 8, reaching a multi-week high of $3,691 throughout the day. The top currency continued to trade sideways today, before stabilizing to press time around $3,660. Bitcoin 7-day price chart. Source: CoinMarketCap BTC daily transaction volume is steadily growing, according to transactionfee.info stats. As Cointelegraph reported earlier this week, the indicator has almost reached the levels BTC had back in January 2018, when world’s top currency was worth close to $20,000. Ripple (XRP), currently the second largest cryptocurrency, has lost about 1 percent in price on the day ..

Hodler’s Digest, Jan. 28 – Feb. 3: Top Stories, Price Movements,...

Iran could soon release its state-backed coin, and Gemini announces it will complete further security compliance reviews. Top Stories This WeekSWIFT Reveals Plans to Launch Proof-of-Concept With Blockchain Consortium R3 Major global banking payments network SWIFT announced plans this week to develop a Proof-of-Concept of a gateway that will let blockchain consortium R3 link to GPI (Global Payments Innovation) payments from their platform. According to SWIFT, users of the R3 platform will be able to authorize payments through the new GPI Link, settling GPI payments with the users’ banks, with the credit confirmation reported back to the trade platforms via GPI Link. Crypto Exchange Gemini Completes Security Compliance Review from Deloitte Gemini crypto exchange, which was founded by brothers Cameron and Tyler Winklevoss, completed a security compliance review by Big Four auditing firm Deloitte this week. According to their announcement, Gemini is the first in the crypto industry to com..

Hodler’s Digest, Jan. 21–27: Top Stories, Price Movements, Quotes and FUD...

The CBOE has withdrawn their BTC ETF rule change application, while Wyoming introduces crypto-friendly legislation. Top Stories This WeekCBOE Withdraws BTC ETF Rule Exchange Request From SEC Amid Gov’t Shutdown The Chicago Board Options Exchange’s (CBOE) BZX Equity Exchange has withdrawn its request for a rule change from the United States Securities and Exchange Commission (SEC) in order to list its Bitcoin (BTC) exchange-traded fund (ETF). A CBOE spokesperson told Cointelegraph that U.S. government shutdown was the reason for the withdrawal, as the end of the review period is approaching with no government agencies able to operate fully. The CBOE will instead re-submit the filing for an ETF — which was backed by investment firm VanEck and financial services company SolidX — at a later date. Bank of International Settlements Believes Bitcoin Must Depart from Proof-of-Work According to new research from the Bank of International Settlements (BIS), Bitcoin’s problems can only be solved..

Hodler’s Digest, Jan. 14–20: Top Stories, Price Movements, Quotes and FUD...

Bakkt has announced their first acquisition, and a New Zealand crypto exchange has been hacked. Top Stories This WeekEthereum’s Constantinople Hard Fork Delayed Until February After Vulnerability Found Ethereum’s (ETH) Constantinople hard fork has been delayed until late February after smart contract audit firm ChainSecurity found a security vulnerability allowing a reentrancy attack. The security bug found would potentially let an attacker steal crypto from a smart contract on the network while requesting funds from it repeatedly while feeding it false data. In the aftermath of the discovery, Ethereum developers said that the activation would instead take place at block number 7,280.000, which is expected to be mined on Feb. 27, 2019, instead of in January. Before the bug was found, an Ethereum developer had said that the hard fork would be the least eventful in the history of Ethereum. New Zealand Crypto Exchange Reports Hack, Local Police Start Investigation New Zealand digital ass..

Hodler’s Digest, Jan.7–13: Top Stories, Price Movements, Quotes and FUD of...

The network of altcoin Ethereum Classic undergoes a 51 percent attack, and Fortnite removes Monero from their merch store. Top Stories This WeekAltcoin Ethereum Classic Reportedly Undergoes 51 Percent Attack Earlier this week, the Ethereum Classic (ETC) reportedly underwent a 51 percent attack. In the aftermath, crypto exchange Coinbase noted that upwards of $1.1 million in crypto was double spent during the time of the deep blockchain reorganization. Coinbase and several other cryptocurrency exchanges temporarily paused deposits and withdrawals of the altcoin to prevent loss of funds. Crypto exchange Gate.io confirmed that the attack was carried out and promised refunds, stating that around 54,200 ETC in total (worth around $271,500 at the time) was transferred during the attack. However, Gate.io also reported later that $100,000 was returned to them with no explanation, prompting rumors of participation by a white hat hacker. Coinbase, Square Cash App Reported Bans Accounts of Socia..

Hodler’s Digest, Dec. 31 – Jan. 6: Top Stories, Price Movements,...

A Georgian state senator reports to jail over alleged crypto mining equipment theft, and Bakkt closes a $182.5 million funding round. Top Stories This WeekGeorgia State Senator Reports to Jail Over Alleged Theft of Crypto Mining Equipment Republican state senator of Georgia has reported to jail in the United States for allegedly lying about the theft of cryptocurrency mining equipment worth around $300,000. State senator Michael Williams had disclosed the theft in May, and is reporting to jail now over his false police reports and statement. Williams had declared that a server that was used to mine unnamed cryptocurrencies had disappeared from his office premises, but last month was indicted by grand jury on three counts. NYSE Operator’s Bakkt Announces Completion of $182.5 Million Funding Round Bakkt, the digital assets platform created by the operator of the New York Stock Exchange (NYSE), announced the completion of its first funding round this week, having official raised $182.5 m..

Hodler’s Digest, Dec. 24–30: Top Stories, Price Movements, Quotes and FUD...

Bitcoin Private confirmed the secret creation of an additional 2 million coins, and South Korea rules in favor of Bithumb in investor lawsuit. Top Stories This WeekNvidia Faces Class Action Lawsuit Over Losses After Lower GPU Mining Demand Graphics processing unit (GPU) producer Nvidia is currently facing a class action lawsuit over losses that the company reported when lower crypto prices lowered demand for GPUs by miners. The Schall law firm announced the lawsuit this week, with the complaint alleging that Nvidia made false and misleading statements to the market. Schall noted that since the GPU producer claimed that drop off in demand for GPU on miners would not negatively affect the business, the lawsuit has merit. Altcoin Bitcoin Private Team Confirms 2 mln Additional Coins Were Secretly Premined The development team for altcoin Bitcoin Private (BTCP) has confirmed this week that 2.04 million units of BTCP were created that were never intended to exist on the altcoin’s blockchain..

Hodler’s Digest, Dec. 17–23: Top Stories, Price Movements, Quotes and FUD...

Blockstream launches a fifth BTC blockchain satellite into space, and a report accuses many exchanges of wash trading. Top Stories This WeekBlockchain Firm Blockstream Launches Fifth Bitcoin Blockchain Streaming Satellite Blockstream, a blockchain development firm, expanded its satellite service this week with a fifth leased satellite broadcasting the Bitcoin (BTC) blockchain to all of Earth’s major land masses. This new satellite brings potential internet-free BTC transactions and information sharing to crypto users throughout the Asia Pacific region, adding to its beta satellite coverage around Africa, Europe, and South and North America. Blocksteam’s BTC space initiative aims to allow crypto users to access the Bitcoin network without access to the internet. New Report Shows Majority of Bitcoin Trading Pairs on CMC Are Wash Traded A report released by the Blockchain Transparency Institute (BTI) claims that more than 80 percent of the top 25 Bitcoin trading pairs listed on CoinMark..
- Advertisement -

Popular

Latest