Bitcoin moves steadily further from the $8,000 price mark, while other crypto assets are experiencing moderate gains and losses. Tuesday, Oct. 1 — After signs of recovery in recent days, the leading crypto Bitcoin (BTC) has maintained its price above the $8,000 mark. However the top-20 coins chart on Coin360 is showing mixed signals today,…
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Former employees of JPMorgan, Intel, and TrustToken launched a new US dollar-backed stablecoin, dubbed the USDD. The Global Currency Organization (GCO) is launching a new U.S. dollar-backed stablecoin, dubbed the USD Digital (USDD). In an Oct. 1 press release shared with Cointelegraph, the GCO announced the launch of the USDD, a new stablecoin pegged to…
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Facebook CEO Mark Zuckerberg outlined the firm’s approach to regulators regarding Libra in newly leaked audio from an internal Q&A session held in July. Newly leaked audio from Q&A sessions between Facebook’s CEO and employees revealed Facebook’s early strategy for Libra launch. One month after releasing Libra’s white paper On Oct. 1, tech news agency…
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Fintech-as-a-service startup Rapyd has raised $100 million in a funding round led by venture and growth equity investments firm Oak HC/FT. Fintech-as-a-service startup Rapyd has raised $100 million in a funding round led by venture and growth equity investments firm Oak HC/FT. Per an Oct. 1 press release, Rapyd secured $100 million from investors such…
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A blaze reportedly wiped out huge numbers of rigs owned by mining giant Innosilicon, but the company remains quiet. The Bitcoin (BTC) network experienced fresh turbulence on Sept. 30 while evidence emerged of a fire destroying $10 million worth of mining rigs. A video of alleged Bitcoin miner fire emerges According to Marshall Long, one…
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A network vote at the end of October will decide whether users are in favor of dropping the inflation tool that was a part of Stellar’s original design. Cryptocurrency protocol Stellar (XLM) announced that it intends to remove its inflation feature in an upcoming upgrade. According to the Stellar Development Foundation’s (SDF) blog post published…
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EOS prices are climbing rapidly after the blockchain’s developer successfully settled a legal dispute with an American financial regulator – with the altcoin now outperforming all top ten cryptocurrencies. The token has climbed to USD 3.06 (current price at pixel time of 5:22 UTC), for a market capitalization ranking of 7 (USD 2.8 billion), and…
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After a downside extension below USD 8,000 and USD 7,800, bitcoin price found support above USD 7,600. As a result, BTC/USD started an upside correction above the USD 8,000 and USD 8,250 resistance levels. The price gained nearly 8% and tested the USD 8,500 resistance area. Similarly, there was a solid recovery in many major…
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The United States Commodity Futures Trading Commission charges a United States resident with a $7 million Bitcoin-related fraud. The United States Commodity Futures Trading Commission (CFTC) charged a United States resident with a $7 million Bitcoin (BTC)-related fraud. In an official news release published on Sept. 30, the regulator revealed that Jon Barry Thompson of…
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United Kingdom-based digital banking app Revolut announces a major partnership with Visa to expand its services globally across 24 new markets, including North America. United Kingdom-based digital banking app Revolut announced a major partnership with Visa to expand its services globally across 24 new markets, including North America. According to a Sept. 30 press release,…
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