Crypto news

The United States Securities and Exchange Commission (SEC) has put a spanner-in-the-wheel of Telegram‘s $1.7 billion Gram (GRM) token offering. The securities regulator has asked the messaging giant to halt the sale of its digital currency calling its “unlawful”.As per the SEC press release on Friday, October 11, Telegram failed to register its token-sale offering with the regulator, in due time. The Telegram Group has been working on its blockchain project – Telegram Open Network (TON) –...

HitBTC, the most advanced cryptocurrency exchanges, founded in 2013, and TradeSanta, cloud-based software designed to automate cryptocurrency trading, have partnered Sep. 26, to offer users the ability to trade with 0% trading fee.To take advantage of the offer, you need to go to the TradeSanta website and buy HitBTC Promo pack for just $20 a month. With this plan, users can create up to 50 bots, utilize an unlimited number of pairs and strategies, but, most importantly, trade on HitBTC with...

Australia is offering more viable proof that institutions are consistently looking to build their tokens atop the Ethereum network. The country’s Perth Mint refinery is now releasing a new gold backed Ethereum token in western Australia.Ethereum: Still the Blockchain of ChoiceKnown as the Perth Mint Gold Token (PMGT), it will be the first of its kind issued on a blockchain that’s backed by government’s reserves. A press release explains:It offers institutional investors a competitive...

Rock It Coin, a bitcoin kiosk company, has joined hands with the Blockchain Institute to install its 200th machine in the middle of Chicago.Rock It Coin Is Creating a World of Mainstream Blockchain AppsMichael Dalesandro, CEO and fonder of Rock It Coin, comments:This installation marks yet another milestone in our company’s growth. After installing machines across the country, it means a lot to install our 200th one in Chicago where we started the company… We see this [blockchain] technology...

The chief among other cryptocurrency exchanges by volume, Binance, released a statement on Thursday to notify all and sundry that a new trading pair has been included in its decentralized exchange (DEX), and this will be the second cryptocurrency to be accorded such privilege.The trading pair XRP-BNB is listed as XRP-BF2, and Binance has already minted 10 million of the pair for its decentralized exchange. Before XRP-BF2 came along, Binance had added a Bitcoin pegged variant, BTCB, in June...

Libra is often touted as the Facebook cryptocurrency, but according to Alex Karasulu – CEO and founder of OptDyn – this isn’t necessarily true.Alex Karasulu: Libra Better Than PayPal?In a recent interview, he seeks to answer questions regarding Libra and clear up some of the “myths and legends” that surround it. For example, he comments that Libra will not necessarily be a cryptocurrency in the way bitcoin, Ethereum or Litecoin is, but rather it will be a payment system much like PayPal. In...

The first three quarters of 2019 have been remarkably exciting and the industry continues to grow in numerous ways.  One commendable progress is the open-mindedness received from banking institutions, government regulators as well as lawmakers. Commercial and investment banks such as JPMorgan are developing their private digital assets. New products like physically settled Bitcoin futures contracts are exposing the crypto market to a wider audience, and advancements in blockchain technology...

Ethereum saw a small decline of around 1.5% over the past 24 hours and it currently trades at $186. Over the past week, the cryptocurrency increased by over 7.5% before the recent price fall. Despite the small decrease, Ethereum is still up by a total of 4.5% over the last 30 days as it continues to make higher highs and higher lows during October.Ethereum remains the third-largest cryptocurrency with a market cap of $20.17 billion.Looking at the ETH/USD 1-day chart:Since our last ETH/USD...

Bitcoin’s status as an uncorrelated asset is about to be revoked, as a scarily close relationship to the price of avocados implies that the digital currency may be about to fall off a cliff. The Bitcoin-Avocado Connection Bitcoin’s performance of late has left a little to be desired, and strangely so has the price of avocados. This relationship was pointed out in a profoundly insightful tweet by Bloomberg’s financial Journalist, Tracy Alloway. A graph depicting the price of Hass avocados...

SpaceX CEO and founder Elon Musk, together with NASA Administrator Jim Bridenstine, have said that by the first quarter of next year, Space X will complete the development to a considerable extent and will begin initial test flights for the Crew Dragon spaceship.According to Bridenstine, this will definitely happen as long as there are no unforeseen circumstances with the project’s redesigned parachutes and its emergency systems, between now and the first quarter of next year when the launch...