Crypto news

Binance Coin saw a slight increase of around 2.14% over the past 24 hours and it currently trades at $18.50. This price increase follows a 6.62% price rise over the past week. The latest price increase could be attributed to the fact that Binance recently conducted its 9th quarterly burn for BNB. This time, over 2 million BNB was burned which is estimated to be around $36 million. The reduction in supply usually helps to bolster the price, however, the reaction is typically delayed. ...

Photo: ShutterstockBy Dmitriy Gurkovskiy, Chief Analyst at RoboForex.ETH/USD tech analysisEthereum 2.0 is being developed actively but the date of the launch is yet unknownECC will issue a token for the ETH blockchainOn W1, the Ethereum demonstrates a new impulse of decline in the long-term trend. The aim of that impulse in the short term might be this year minimum of $80.86, reached, however, only after a pullback. Further decline of the quotations is confirmed by the descending of the MACD...

Bitcoin is currently facing the strongest selling pressure since February. Commentators and analysts think that there is a possibility that it might drop below the recent lows near $7,750. On October 16, BTC price fell below $8,000 in fresh choppy trading after several days of consolidation and slow grind.The top cryptocurrency by market value dropped from $8,326 to $8,086 in an hour to 17:00 UTC on October 15. That confirmed a downside move in the recent trading range of $8,450–$8,250 as...

The online-streaming media powerhouse Netflix has given strong Q3 earnings numbers resulting in its stock price (309,25 USD, +8.02%) shooting northwards on Wednesday, October 16. Beating street expectations, Netflix reported a 31% jump in its year-over-year revenue which is currently at 45.24 billion.Another impressive thing is its GAAP earning stands at $1.47 per share instead of analysts’ expectations of $1.05 per share. When it comes to growth in the subscriber-base, the U.S. figures are...

It is quite challenging to determine whether digital assets should be more like the traditional fiat. However, it appears like they are moving in that direction and this is a considerable step. The crypto data provider CoinMarketCap has now launched a new page. In this page, it publishes interest rates provided by different digital assets. The new data now comes in handy in helping the users compare and select a suitable product.The page, known as “Interest by CoinMarketCap”, launched on...

Samsung SDS, the IT unit of South Korean electronics king Samsung, has started pilot testing of its medical insurance network based on blockchain. To test the new system of medical claims processing, Samsung SDS has signed a number of medical institutions and insurers that were offered to assess the performance and effectiveness of the system.As CoinDesk Korea has reported, the medical claims processing system is expected to go live later this month. During the Blockchain Seoul 2019 event...

Billionaire and innovator Richard Branson’s space tourism start-up, Virgin Galactic, space tourism seems to be only a few months away from its first commercial flight to space.To prove its seriousness, the company unveiled its line of ‘Under Armour’-made spacesuits for passengers to come.Jumpsuits are made in royal-blue and from lightweight “flight-grade” material that is designed in a way that keeps travelers pleasant as they speeding faster than 50 miles into the atmosphere (that’s more...

John McAfee – some see him as a legend, some see him as the most controversial figure in the crypto space. For sure, books will be written about his past decade: from his time in Belize to the prison in Guatemala, his US presidency campaign and his endless activities surrounding the cryptocurrency space.This interview was supposed to be conducted live at the recent Blockchain Cruise back in June. However, John McAfee couldn’t attend since he was in jail at the time.So he spoke with us...

It appears that the British Prime Minister Boris Johnson has entered a dew deal with the European Union over Brexit. Sources indicate that the deal came on the sidelines of a meeting in Brussels of EU leaders. Although the legal context of the deal isn’t yet clear, the British Prime Minister has already indicated via a tweet that the deal gives control back to the British.We’ve got a great new deal that takes back control — now Parliament should get Brexit done on Saturday so we can move on...

Telegram has informed its investors that the TON blockchain project will be launched later than it was previously planned, six months later, exactly on April 30, 2020.In an email to investors Telegram said it had a lot of problems and ‘run-ins’ with the Securities and Exchange Commission (SEC), that came by with the restraining order made to forbid this messenger app company from launching TON and issuing its Gram tokens. SEC decided to treat Grams as unregistered securities.This email...