Crypto news

One of the more popular projects that had their Initial Exchange Offering (IEO) on Binance Launchpad, MATIC, went through a sudden overnight drop. The token lost upwards of 70% of its value in a violent red candle. Rumors started to circle around the community that the CEO of the project is behind it, but Changpeng Zhao was quick to dismiss it, denying internal involvement and saying that it was panic selling that caused the plunge.MATIC Drops 70% In A DayMatic was among the first projects to...

The iPhone users now able to trade Bitcoin and Ethereum futures contracts thanks to Binance‘s robust engine tested on Android.Exchanges Allow Dumping Savings at the Speed of LightningYou don’t even have to use a PC to dump money anymore: convenient Binance iOS app allows you to do it from anywhere. So, mom won’t guess where all the money goes even if she really wants to.Using your precious iPhone, as a Binance customer you are now able to trade BTC/USDT contracts with up to 125x leverage. The...

South Korea has passed new laws requiring that everyone opening a cryptocurrency account use their true, legal names to do so.South Korea: The Center of Crypto Regulation?As time goes by, many cryptocurrency exchanges and businesses are seeking out ways to remain fully compliant with federal regulators. The problem is that to do this, they’re often required to invade the privacy of their customers to one extent or another, and this scenario is no exception.One of the issues at hand is that...

Crypto mining firm Bit Fury has launched what it’s calling the Exonum Enterprise, a new kind of blockchain that allows companies to operate their businesses through bitcoin-based technology.Bit Fury Makes Mining MainstreamBit Fury is now along the same lines as major corporations like Microsoft and Amazon, both of which have established blockchain solutions to assist new businesses looking to establish their operations on distributed ledgers. However, its main claim to fame still seems to be...

Will fiat currencies last much longer? This is the question being posed by Germany’s Deutsche Bank.Deutsche Bank Is at the Center of the Bitcoin QuestionAs we inch closer and closer towards a fully digital age, many of us are noticing that cryptocurrency seems to be rising through the ranks as a main form of money for many people. While it’s not widely accepted as a means of payment just yet, it is one of the largest speculation tools utilized today, which means it’s got a healthy percentage...

Place/Date: - December 9th, 2019 at 5:30 pm UTC · 4 min read Contact: Lukas Fluri, COO, Source: BLOCKv BLOCKv7th December, Zug, Switzerland: In an effort to deliver a new and exciting experience for Ben & Jerry’s fans in Asia-Pacific, BLOCKv and Ben & Jerry’s have joined forces to create an Augmented Reality, Vatom-powered ice cream hunt experience that will kickstart in Australia as part of its 10th birthday celebration. Fans of the beloved ice cream can enjoy hunting for...

Top electronic payments gateway provider Simplex has added the Japanese Yen (JPY) and the Canadian Dollar (CAD) to its platform for fiat conversions. Sources indicate that the top payment gateway for many of the top cryptocurrency exchanges indicated this today.  Simplex is a fiat payments partner for many of the top cryptocurrency exchanges which include Binance, Huobi, Poloniex, OKCoin, KuCoin, Xapo, Ledger and Abra.“We’re not handling crypto directly ourselves but rather enable our...

Good news came from Eastern Europe as the legislative arm of Ukraine, the Verkhovna Rada, has reportedly adopted an amended draft law that seeks to introduce cryptocurrencies as a legal means of payment and investment within the country.According to a report, this development is an effort to work in accordance with the Financial Action Task Force (FATF) global standard for cryptocurrencies, which requires participating countries to provide guidelines for their individual crypto space. The...

Ever since its launch last year, Tezos has done quite a lot to improve its feats and keeps on doing so. As the company appears to continue with innovations and partnerships, some of the community is arguing that Tezos might be skyrocketing soon, resembling Ethereum’s surge from 2017.Is Tezos The New Ethereum?2017 was arguably the most intriguing year among all cryptocurrencies. While Bitcoin’s price skyrocketed to almost $20,000, Ethereum made a remarkable performance, as well. It started the...

XRP has seen an increase of 4.25% this week as it reaches $0.23.The cryptocurrency broke above a steep descending channel that was apparent in November.It continues to remain above the strong 3000 SAT support against BTC.Key Support & Resistance LevelsXRP/USDSupport:  $0.2150, $0.20, $0.1850 Resistance: $0.2345, $0.2520, $0.27XRP/BTC:Support: 3000 SAT, 2900 SAT, 22853 SATResistance: 3200 SAT, 3325 SAT, 3500 SATXRP/USD: A Break Above The Descending Price Channel The daily chart shows XRP...