The crypto market once again showed that it can ignore negative news about Tether (USDT), the most popular stablecoin, and that it seemingly agrees this coin is still worth one U.S. dollar. While the recent lawsuit against Bitfinex and Tether was expected by the two companies, the market seems completely oblivious to it altogether, as…
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Anchorage Trust Company, a wholly-owned subsidiary of California-based Anchor Labs, states that it became the first qualified custodian of Telegram’s Gram token. Digital asset custodian of software firm Anchor Labs has stated that it became the first entity qualified to support institutional custody for Telegram’s Gram (GRM) token. Gram to launch on Oct. 31 Anchorage…
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Tron blockchain project saw its native coin, TRX, jump 12% in the last seven days. There’s a lot of speculation going about the Cryptoverse as to what’s behind this push, whether it’s Tron Foundation’s many daily updates, or perhaps John McAfee’s latest promise. At 10:15 UTC, the 11th coin by market capitalization trades at 0.016…
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Recently, there was a decent rebound initiated in bitcoin price above the USD 8,000 resistance area. BTC/USD even climbed above the USD 8,100 and USD 8,200 resistance levels. However, the price struggled to gain bullish momentum above USD 8,300 and it is currently (08:00 UTC) correcting gains. Also, there was a strong rise in most…
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Kim Dotcom set to launch an IEO on Bitfinex for a project that will improve the digital content business. Kim Dotcom, the controversial internet entrepreneur and founder of the now-defunct file storage platform Megaupload, is making a comeback in the digital content business. This time, instead of a platform that allows users to download copyright…
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Bitcoin looks to be stabilizing. If that happens, select altcoins might outperform. Let’s study the charts. Total crypto market capitalization has held the $200 billion mark for the past few days. This is a positive sign, as it shows that market participants are not panicking at lower levels but are using dips to buy. The…
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CNBC crypto trader Big Cheds says bullish divergences on multiple indicators could lead to a short-term bounce in Bitcoin price. The $8,000 mark seems to be an important price point for crypto’s market leader, Bitcoin (BTC). Since its breakdown from $9,400, the digital asset has lost and regained the $8,000 level several times, sitting at…
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More than 200 academics and developers gathered to discuss Ripple’s developer platform and global payment network. On Oct. 3 and 4, Ripple hosted a gathering of 200 developers, researchers and graduate students at the University of California, Berkeley campus for its first annual University Blockchain Research Initiative conference. Known as UBRI Connect 2019, this is…
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Venezuela’s government claims that some 93 commercial establishments in the country now accept its oil-backed, state-issued Petro digital token, while a Spanish travel agency claims that over 7% of its customers paid using Bitcoin in 2018 and the company has recently added new crypto pay options. Per a state media report, the head of the…
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A New York-based legal firm filed a class-action suit against Tether and Bitfinex, accusing the firms of crypto market manipulation. A New York-based legal firm has filed a lawsuit against Tether and Bitfinex, accusing them of cryptocurrency market manipulation. “Largest bubble in history” Roche Freedman filed a class-action suit alleging that the stablecoin firm and…
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