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Crypto Market Sentiment Continues its Rise; Bitcoin and XRP at the Top

Source: iStock/da-kuk This has been another good week for the top 10 coins by market capitalization, as their combined 7-day market sentiment measure, Sentscore, went up for the third week in a row. Last Monday, we left it at 4.89/10 and found it at 4.94 today, settling deeper into the neutral zone, according to Omenics,…
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Former Trump Advisor to Release Stablecoin Backed by Fractional Reserve

Heritage Foundation economist Stephen Moore is planning to release a stablecoin that relies on a fractional reserve. A former campaign adviser to United States President Donald Trump is planning to release a stablecoin based on a fractional reserve. As Fortune reported on Oct. 21, Stephen Moore announced plans to launch a stablecoin dubbed Frax, which…
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Poorly Rated Crypto Exchanges Outperformed Industry Stars In September

Some exchanges with poor ratings have seen an increase in September’s trading volumes, while the best rated market players have registered a decrease, says the latest report by CryptoCompare, a provider of the crypto market data. The September 2019 Exchange Review claims that, based on CryptoCompare’s Exchange Benchmark grading methodology, lower-tier exchanges,  Read more »Pay/Trade/Buy…
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Bitcoin and Altcoins Start Corrective Increase But Upsides Limited

This past week, bitcoin price remained in a downtrend and broke a few important supports such as USD 8,250, USD 8,200 and USD 8,000. However, the USD 7,850 area acted as a strong support. As a result, the price started an upward move above the USD 8,000 resistance. It gained more than 5% in the…
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Fortnite Meets Bitcoin Lightning Network in New ‘Lightnite’ Video Game

Satoshis Games announced the development of a Fortnite-like game with built-in Bitcoin Lightning Network microtransactions dubbed Lightnite. Bitcoin-enabled (BTC) games startup Satoshis Games announced the development of a Fortnite-like game with built-in Lightning Network microtransactions dubbed Lightnite on Oct. 19. Shoot to earn Bitcoin Per the announcement, all in-game interactions between players trigger a monetary…
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Bitcoin: ‘Most Dramatic’ 2020 Halving Could Cut Supply by $63M a Week

Historical evidence puts next year’s event in context as Bitcoin network’s next watershed moment. Bitcoin (BTC) advocates continue to focus on the May 2020 block reward halving this week as the impact on price becomes more apparent. Analysts excited for high-stakes halving In a Twitter discussion beginning Oct. 18, commentators noted that next year’s event…
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Bitfinex Attempts to Recover $880 Million in New Court Filing

IFinex, the parent company of major cryptocurrency exchange Bitfinex filed a discovery application to recover $880 million in funds. IFinex, the parent company of major cryptocurrency exchange Bitfinex filed a discovery application to regain access to $880 million in funds. Discovery is a law allowing each party to obtain evidence from the other party or…
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Bitcoin IRA to Launch Interest-Earning Crypto Accounts Next Month

Bitcoin IRA has partnered with digital asset lending firm Genesis Capital to offer investors the opportunity to earn interest on cryptocurrency and cash holdings. BitcoinIRA has partnered with digital asset lending firm Genesis Capital to offer investors the opportunity to earn interest on cryptocurrency and cash holdings.  As an Oct. 21 press release notes, Los…
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How is HTC’s Exodus 1s Cryptophone Different from its Exodus 1

A Taiwanese tech giant, HTC, came out with a new rendition of their blockchain-powered smartphone Exodus 1. Let’s check out what differentiates the two models. HTC launched its Exodus 1s on October 19th at Berlin’s Lightning conference, but only in Europe and a few other countries. As a reminder, HTC partnered up with Kyber Network…
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What Role Should Central Banks Have Launching Stablecoins Like Libra?

Libra has gotten off to a spluttering start in the eyes of regulators. But could central banks swoop in and save the day? Ever since the vision for a Libra stablecoin was unveiled in its white paper back in June, Facebook has suffered a startling backlash from countries around the world. Some American politicians have claimed the…
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