Crypto news

One of the biggest bitcoin miner manufacturers, the Avalon Bitcoin miner Canaan Creative, publicly filed for a U.S. Initial Public Offering (IPO) on Monday, with big names as underwriters. Credit Suisse, Galaxy Digital, Citigroup, China Renaissance, CMBI, Huatai Securities and Tiger brokers are obliged to pay for and accept delivery of the ADSs offered by this prospectus.The second-largest manufacturer of ASIC mining hardware after Bitmain, Canaan plans to list its shares on Nasdaq under the...

The cryptosphere is generally still celebrating Bitcoin’s spike to levels above $9,500 a few days ago, after it fell more than $500, a while before that. Currently, the market seems a tad invigorated by the Bitcoin rally and there is now a lot of hope that all of the bullish forecasts that swept the sector, could actually come to pass.Not only did Bitcoin surge, but as its wont to do, it seemed to carry major altcoins along with it, with some of them shooting up to 30%. In the same vein, the...

Ripple sees itself as so much more than a currency. That much is obvious, but the company is now making waves in the regulatory space.Ripple Is Heading Into New TerritoryRipple has opened a new office in Washington D.C., making it the only crypto venture to have devoted itself to government affairs according to an official press release. Craig Phillips, the former counselor to the secretary of the U.S. Treasury Department, is also joining Ripple’s board of directors alongside Michelle Bond,...

BitcoinThe spike from $7,350 to $10,348 brought the hype around Bitcoin back and the declines are already behind our backs. The price corrected down to $9100 and we can also see attempts to build support in this range and the 0.38 Fibonacci levels, suggesting a bullish trend on the charts. A healthy correction would restore the 0.618 Fibonacci levels in the $8500 range, leading up to the next level at $10,200.EthereumAgainst the USD, the price is trying to break the resistance built around...

Ripple has been in a brutal downtrend for nearly two years. Trader Peter Brandt predicts that the cryptocurrency will bottom out as soon as it completes the diamond pattern. Other traders are bullish on XRP as the cryptocurrency posts a solid rally to take out the resistance level mentioned by Brandt. Ripple’s XRP has been in a downtrend for almost two years. The third-largest cryptocurrency posted an all-time high of $3.30 in January 2018. Since then, investors have experienced...

The inaugural Lightning Conference was held in Berlin, Germany on the weekend of October 19/20, 2019. It was the first global conference exclusively focused on the Lightning Network.The goal of the conference was to build on the momentum that the Lightning Network has gained in 2019 and to bring together Lightning developers, implementations and the broader community. The feedback of the conference has been overwhelmingly positive with over 500 attendees and 90 speakers from across the...

In what sounds like the makings of the plot of a telenovela series, top crypto billionaire and founder of cryptocurrency mining giant Bitmain Micree  Ketuan Zhan has been forced out of his own company where he holds about 60% control. CEO and fellow co-founder Jihan Wu has terminated all the day-to-day working positions and responsibilities that Micree Zhan had and held within the organization down to the deletion of his e-mail and denial of access to Bitmain’s premises.Bitmain, meanwhile,...

Bitcoin’s dramatic 40% move puts it closer to knocking out new yearly highs. The leading digital currency faces a critical inflection point, based on the technical indicators. A look at the daily charts reveals BTC could be primed to breach $16,000 or fall all the way back to $8,500. Bitcoin is on a roll since Friday after Chinese President Xi Jinping announced that his country would “take the leading position in the emerging field of blockchain.” The pioneer cryptocurrency surged...

[PRESS RELEASE Chiasso, October 29th, 2019]The ICO (Initial Coin Offering) of the K-Tune project, a blockchain platform for musicians, is about to begin on October 30th.The K-Tune project is a solution that allows musicians from all corners of the world to form communities and actively collaborate to create new songs. It also provides a platform for aspiring artists to become music producers. K-Tune offers a variety of useful tools that can simplify the process of music-making, including an...

Photo: Bitfinex / TwitterCryptocurrency exchange Bitfinex’s new token platform Bitfinex Token Sales recently announced its first project, K.IM, the decentralized new P2P digital content, and monetization platform brought to you by Kim Dotcom.In a press release that the company shared with the Coinspeaker, it is said that K.im was created in order to merge internet with the Bitcoin so there could be a platform that allows artists, content creators and digital businesses to sell their content...