Crypto news

Back in 2016, e-commerce giant Amazon announced its plans to establish a large chain of convenience stores in the United States. Called Amazon Go, the stores are mostly automated and run on computer vision, deep learning algorithms and sensor fusion without cashiers, allowing customers to grab items they need to from the store, and simply walk out.Since inception, Amazon has opened 16 Amazon Go stores with several of them in Washington, Illinois, California and New York and the company still...

BitTorrent File System (BTFS) achieves an important milestone with its official mainnet launch. This is a major step ahead in proceeding ahead with the complete integration with the BitTorrent ecosystem.BitTorrent is a popular and the world’s largest peer-to-peer file-sharing platform. Last year, the TRON Foundation acquired the BitTorrent platform. The BTFS is a protocol and the network’s mechanism that enables peer-to-peer storage and sharing of digital content in a decentralized file...

The US Securities and Exchange Commission (SEC) has come to a settlement with the company behind one of the largest initial coin offerings of 2017 and 2018, Block.one. EOS raised a total of $4 billion, and the firm will pay a fine of $24 million for running an unregistered ICO.Block.one to Pay $24M FineThe SEC has reached a settlement with the creator of EOS, Block.one. According to the agency, the company must pay a fine of $24 million for running an unregistered ICO. That’s because ICOs...

Photo: Band Protocol / MediumBand Protocol, Sequoia-backed data management company, has launched the mainnet of its decentralized trading app. The news follows Band Protocol’s announcement about going live on Ethereum mainnet.2/ Another key highlight today is the launch of BitSwing Mainnet, which represents a perfect example of dApps made possible with $BAND oracle.?Available now on: https://t.co/I5Phc78KEb— Band Protocol (@BandProtocol) September 30, 2019Features of BitSwingCalled BitSwing,...

[Press Release]ChainDD, a leading media company headquartered in Beijing, China with more than 3 million readers globally, is about to host its 2nd-year Fintech and Blockchain Summit under its “CHAINSIGHTS” brand to engage innovators and supporters from fintech and blockchain industries in the US and China. This event will be held on 10/10/2019 from 8:30 AM to 9:30 PM at the New York Marriott Marquis at New York City.Last year’s conference was a resounding success, with close to 300 attendees...

Tron price started an upside correction from the $0.0117 low against the US Dollar.TRX price is currently trading near the key $0.0150 and $0.0152 resistance levels.There was a break above an ascending channel with resistance near $0.0144 on the 4-hours chart (data feed via Bitfinex).The price could climb sharply if there is a proper close above $0.0150 and $0.0152.TRON price is currently correcting higher against the US Dollar and bitcoin. TRX price needs to surpass the $0.0152 resistance...

Despite the recovery of the bitcoin price by $700 in the past 48 hours, traders like DonAlt expect a deeper correction in the short term. The bitcoin price dropped to the $7,000 region twice in the past week, dipping to as low as $7,688 on September 30. While bitcoin attempted to break above important support levels following its recovery to $8,500, it has not been able to sustain upside momentum. Deeper correction possible for bitcoin From its yearly high at around $14,000, a pullback to...

Photo: Block.oneThe EOS blockchain developer Block.one has been charged by the United States Securities and Exchange Commission (SEC) over its 2017-2018 ICO which raised about $4.1 Billion during the process. The Commission charged the company with the relatively low sum of $24 Million which boils down to about 0.58% of the sum raised during the offering which is relatively light when comparing the amount raised to the amount charged.Following the DAO report which highlighted several types...

After the bulls had been lately suffering, seeing Bitcoin plunging to $7,700, we started to see an opportunity for a price pull-back on our recent price analysis, three days ago.Following a decent daily move of $700 since reaching yesterday’s low, the question is, if that indeed was the real bottom. In short, we could identify a double-bottom formation which is bullish and can support the idea of bottoming.However, to confirm that, Bitcoin will have to show some more bullish evidence. As of...

Ethereum price started an upside correction after trading as low as $152 against the US Dollar.ETH price is currently trading above $175, but it is facing a strong resistance near $185 and $188.There is a crucial bearish trend line forming with resistance near $188 on the 4-hours chart (data feed from Coinbase).The price is likely to struggle to surpass the key $185 and $188 resistance levels in the near term.Ethereum price is climbing towards a major resistance near $185-$188 against the US...