Photo; ShutterstockCryptocurrency exchange Coinbase Pro has announced that it will be adding DASH to the platform starting the next week.In its announcement, the company wrote:“On Monday September 16, 2019, we will begin accepting inbound transfers of DASH to Coinbase Pro. We will accept deposits for at least 12 hours prior to enabling full trading. Trading will begin on or after 9AM Pacific Standard Time on Tuesday, September 17, if liquidity conditions are met.”Once that adequate supply of...
Read More »CME Group Seeks CFTC Permission to Double Its Bitcoin Futures Trading Cap
Photo: ShutterstockThe Chicago Mercantile Group (CME) has seen a massive surge in the trading volumes for its Bitcoin futures contracts, over the last few months. Taking a step ahead, the CME group has requested the U.S. Commodity Futures Trading Commission (CFTC) to allow it to double the trading limits from 5000 BTC to 10,000 BTC tokens.Currently, CFTC has kept an upper limit of 1000 Bitcoin Futures contracts per individual trader using the CME platform. In a letter to CFTC, the CME Group...
Read More »BnkToTheFuture Invents the Future by Going into Security Token Offerings
If you are heavily into cryptocurrencies, you’d know of BnkToTheFuture, an investment platform that matches investors with investments. Based entirely online, they use their online investment platform to assist those high net worth investors who have limited knowledge about cryptocurrencies to invest in profitable ventures.They recently decided to allow for Security Token Offerings which are becoming increasingly popular with cryptocurrency investors. The firm is expected to invest a...
Read More »CryptoKitties’ Developers Lift $11 Million for “Flow” Blockchain
One of the largest music companies in the world, Warner Music announced their partnership with Dapper Labs, the company that stands behind CryptoKitties, all in order to create a new blockchain called Flow.The music giant that stands behind Ed Sheeran, Cardi B, Bruno Mars, as well as some other prominent celebrities, eventually decided to go on blockchain, joining an $11.2 million investment in above mentioned Dapper Labs.Just for a reminder, back in 2017, in December, CryptoKitties, the app...
Read More »Exclusive: Australia’s Securities Cop Braces for ‘Significant Increase’ in Crypto Trading
Australia's financial watchdog has keeping ahead of the pack with crypto regulations. | Source: Shutterstock The Australian Securities and Investments Commission (ASIC), the country’s financial regulator and watchdog, is gearing up for the rapid growth of crypto-asset markets. Speaking to CCN, an ASIC spokesperson indicated that the regulator has identified...
Read More »Bitcoin Price Analysis: Another Attempt To Break The Crucial Resistance Line – Will This End-Up In $11,000 Or $9,000 For BTC?
Two days ago, while Bitcoin was attempting to stay above the critical $10,000 mark, we have pointed out two scenarios in the bigger picture:“The bigger picture from below is the crucial support line around $9,400, which is the last barrier before the triangle breaks to the downside. From the top, the triangles’ trend-line sits around the resistance level of $10,300 – $10,400.”, as taken from the previous Bitcoin price analysis.As you could see, the wedge shown on the 4-hour chart had been...
Read More »Spotify Buys SoundBetter Music-Production Marketplace for an Undisclosed Amount
On September 12, Spotify announced that it has acquired SoundBetter Music-Production Marketplace. Through that acquisition, the company has increased its suite of tools for music artists aiming to diversify itself. The company seeks to invest away from the model founded on paying music streaming royalties to labels.SoundBetter, founded in 2012, is a Brooklyn-based audio production that also doubles up as a collaboration marketplace. It caters to mixing engineers, mastering engineers,...
Read More »Russian ZP Legal Claims They Can Recover Mt. Gox’s $2 Billion Lost in Bitcoin Hack
Moscow-based law firm Zheleznikov and Partners (ZP Legal) claims has put forward a proposal on how to recover up to 200,000 Bitcoin (BTC) stolen from the Japanese exchange Mt. Gox. The solution implies taking legal action against Russian nationals who received the stolen money.Mt. Gox HackMt. Gox was a Japanese Bitcoin exchange launched in July 2010. By 2013, Mt. Gox was handling over 70% of all Bitcoin transactions worldwide, as the largest bitcoin intermediary and the world’s leading...
Read More »Premier League’s English Club Watford FC Brands Their Kits with Bitcoin Logo
English premier club Watford FC has decided to include Bitcoin logo as part of the brands on their kits. The Bitcoin logo is to appear specifically on their jersey sleeves to raise awareness of Bitcoin specifically and cryptocurrencies in general. This initiative is led by brand partner Sportsbet. In an announcement, Sportsbet’s head of marketing Justin Le Brocque Said:“The crypto community have been hugely supportive of us since we began, so putting the Bitcoin logo on the sleeve felt like a...
Read More »Bitcoin.com Wants to Launch a Bitcoin Cash Futures Contract to Compete with XRP and ETH
Currently, the world’s fourth-largest cryptocurrency by market cap is Bitcoin Cash (BCH) and has been for a minute. Even at this position and with a market cap of $5.37 billion, not a lot is usually heard about BCH compared to its “senior colleagues” like Bitcoin (BTC), Ether (ETH) and XRP. However, Roger Ver is planning to do something about all of that dormancy as there are strong plans by Bitcoin.com, to increase BCH adoption through a futures project.According to David Shin, the head of...
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