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Tag Archives: Cryptocurrency News

CFTC Chairman Heath Tarbert Expects Ethereum Futures to Arrive by 2020

Heath Tarbert, the chairman of the United States Commodities and Futures Trading Commission (CFTC) says that the first Ethereum futures will arrive by 2020. Just ten days back, the CFTC chairman confirmed that Ethereum is a ‘commodity’ just like Bitcoin.Speaking at the DC Fintech Week at Georgetown University, Tarbert told Chris Brummer that ETH futures could “absolutely” arrive within the next six to twelve months. He cautioned that launching new futures contracts doesn’t mean there’s...

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Binance Joins Kakao’s Klaytn Global Blockchain Council

Leading blockchain project led by the South Korean Internet giant Kakao, Klaytn, announced on Tuesday that it has added Binance to the Klaytn Governance Council in order to take part in the platform’s blockchain operation that will further develop ways of how could mass blockchain adoption be brought globally.By tackling the Klaytn platform ownership, the Council members work as crucial decision-makers for Klaytn’s business and technical growth.They also work focusing on Klaytn-based...

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Bitcoin’s Biggest Cheerleader Outs Himself as Alien Conspiracy Theorist

Anthony ‘Pomp’ Pompliano, the man who can take any news – no matter what the context – and spin it in a positive light for bitcoin, has put his preferred subject to bed in favor of a more otherworldly topic. According to Pomp, the next guest on his podcast will be a notable alien researcher who maintains that little green people may have already visited earth. Pomp’s next guest won’t be a bitcoiner. | Source: TwitterThe sudden switch-up came as a shock to a few, especially since it...

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Fortnite-like Lightnite Video Game Can Help You Earn Bitcoins

Most of us are very well familiar with the online video game Fortnite where you cooperate with other players in carrying out some goals. However, what would happen if the goal is – a Bitcoin?Exactly that you can now find in the new game dubbed Lightnite. This Fortnite-like game with built-in Lightning Network microtransactions made by the Bitcoin-enabled game startup Satoshis Games has been announced this weekend.As the announcement says, all interactions between players can bring you a...

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Binance to Introduce First Fiat-Crypto Trading Pair with Russian Ruble

Popular crypto exchange Binance which has been working on a fiat trading solution for its customers is finally ready to launch. To kick-start this innovation, the exchange will work with Russian rubles in the beginning phase.This interesting development was made public on Monday by Binance CEO, Changpeng Zhao, at the Open Innovations conference held in Moscow, Russia. He revealed that in the next two weeks the fiat trading option for Russian rubles should be available on the exchange, making...

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Data Model Predicts Bitcoin Price Will Multiply 7X in Just Seven Months

The price of bitcoin has been heading south over the past three months, but one quant analyst that goes by the name of PlanB on Medium predicts that the flagship cryptocurrency could surge in the coming days. Bitcoin halving will send the price soaring PlanB’s price model is based on the scarcity of the cryptocurrency. The analyst predicts that bitcoin will hit a market capitalization of $1 trillion after the next halving event occurs in May 2020, giving each token a valuation of $55,000....

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G7 Says Bitcoin Has Failed On Its Two Main Use-Cases but Data Says Otherwise

Crypto enthusiasts see bitcoin as a unique asset. Many rely on the cryptocurrency as a store of value while others use it as a payment solution, especially for transactions that involve huge sums of money. Chief executive of BullBitcoin enumerates the use-cases of bitcoin. | Source: TwitterOutside of the crypto community, however, many see the king of cryptocurrencies as an unreliable asset. Recently, the Group of Seven (G7) nations released a study that emphasizes how bitcoin has failed to...

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Fortnite Clone ‘Lightnite’ is a Battle Royale Shooter With Bitcoin

Satoshis Games Studio has announced the first-ever Bitcoin battle royale game, dubbed Lightnite in a rather conspicuous reference to Epic Games flagship Fortnite, albeit without the fanfare of its game-changing Chapter 2 launch. So how does it work? What Is Lightnite? As of writing details are scarce, but Lightnite features all the trappings of any battle royale shooter worthy of the name, except with the Bitcoin twist mixed in. In a Medium post sharing the announcement, Satoshis Games...

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Ripple Releases Q3 Numbers for XRP Indicating a Rise in FUD

Last Friday, October 18, blockchain startup Ripple has released the Q3 performance number for XRP cryptocurrency. Despite being the third-largest cryptocurrency by market cap, XRP’s performance has failed to impress investors. Q3 was no different as the XRP price slipped to its 2019-low below $0.25 by September end.As we know that since the launch of XRP in 2012 Ripple has been given some portion of the 100 billion XRP tokens created. Each year, the company engages for some token sale in the...

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Bitmain Launches 50MW Crypto Mining Facility in Texas amid Drive for Expansion

Bitmain, the Chinese manufacturer of computing chips and cryptocurrency mining equipment, has just launched a 50MW facility for crypto mining in Texas’ Rockdale city. The facility was erected in conjunction with DMG Blockchain Solutions, a Canadian firm, as well as the Rockdale Municipal Development District (MDD).According to an official Bitmain publication, construction of the facility began last year, after the company announced that it would erect the biggest cryptocurrency mining farm in...

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