Most crypto exchanges have for some time now had challenges operating within the United States. On the other hand, most of the countries in Asia and Europe have taken an initiative of offering straight forward legislation outlining how to conduct any business in the crypto space. But, the U.S. has dropped far much behind in that arena.Currently, there is no definite framework outlining running businesses and tax payments. Interestingly, there is not even any assurance by the government to...
Read More »ARPA vs CRE: Binance Community Coin Vote’s Second Round Officially Begins
Binance has now officially begun a survival of the fittest battle between two strongly emerging protocols in what is now the second round of the Community Coin Vote’s (CCV) new format. The Binance community is expected to vote between the ARPA protocol and the Carry protocol, two networks that have more than a few things in common.Voting DetailsThe process kicked off at 4:00 AM (UTC) today Nov. 5, and will run continuously for 24 hours, before closing on November 6, at 4:00 AM (UTC) as well....
Read More »Tron (TRX) Price Analysis: Primed For More Upsides Above $0.0200
Tron price corrected lower after trading towards the $0.0230 resistance against the US Dollar.TRX price is currently trading nicely above the $0.0188 and $0.0178 support levels.There is a key contracting triangle forming with resistance near $0.0202 on the 4-hours chart (data feed via Bitfinex).The price could continue to rise once it settles above the $0.0200 and $0.0208 resistance levels.TRON price is consolidating above key supports against the US Dollar and bitcoin. TRX price is likely to...
Read More »Microsoft Introduces Blockchain Platform for Minting Enterprise Tokens on Azure
In a move that has seen Big Tech enter the crypto space on a whole new level, Microsoft has launched a platform on its Azure cloud infrastructure to make token deployment to become as easy as possible.Referred to as the Azure Blockchain Tokens platform, the platform aims to make the issuance and existence of blockchain tokens to become cloud-based and to also enable the operating environment of such blockchain projects to become seamless and as easy as possible.This was revealed at the...
Read More »Facebook Introduces New Company Logo as Part of Its Rebranding Efforts
Social media giant Facebook has unveiled its new company logo as part of the rebranding efforts. Facebook says that the new branding strategy is to bring more clarity and align the goals of its different products and services under one parent company.In its official announcement, the company said that over the last 15 years, it has made several major acquisitions like Instagram and WhatsApp. Thus, to bring clarity that these services operate under Facebook, it is isolating the Facebook...
Read More »Ethereum Price Analysis: ETH Could Surge Above $190-$200
Ethereum price is currently consolidating gains above the $180 support against the US Dollar.ETH price is facing hurdles near the $190 and $200 resistance levels.There is a breakout pattern forming with resistance near the $188 level on the 4-hours chart (data feed from Coinbase).The price is likely setting up for an upside break above the $190 and $200 levels in the near term.Ethereum price is trading above key supports near $180 against the US Dollar. ETH price could rally significantly if...
Read More »Stellar Foundation Burns 55 Billion XLM Tokens, Half of the Total Supply
During the Stellar Meridian conference on Monday, November 4, the Stellar Development Foundation CEO Denelle Dixon disclosed that they have burned 55 billion Lumens (XLM) tokens which is half of the overall cryptocurrency supply.Earlier there were a total of 105 billion tokens of which 20 billion were in circulation. With the recent burning, the total supply has reduced to only 50 billion XLM tokens. In its latest Medium blog post, the Stellar Foundation noted that token burning was part of...
Read More »Can Bitcoin Cash Really Be Singled Out for Its 3rd Quarter Marks?
It’s being reported that bitcoin cash had a very rough third quarter in 2019. The price was never quite able to get off the ground, and as a result, bitcoin cash (BCH) arguably performed worse than any other coin.Is It Fair to Single Out Bitcoin Cash?But is it fair to lay this judgement on the little brother of bitcoin? Sure, BCH may not have been at its best, but it can be argued that this applies to virtually every major cryptocurrency during this period.As we all remember, the second...
Read More »ARPA’s Binance Community Voting Round & Growing Momentum Following President Xi’s Comments
Photo: ARPA OfficialARPA – the layer two privacy-preserving computation protocol – is set to square off against Carry Protocol, a data purchase platform on Ethereum, in Binance’s second round of the Community Coin Vote (CCV). Voting will begin at 4 AM 5 November (UTC) and will incorporate Binance’s new rules for the CCV that allocates a BNB rewards pool to the runner-up and reduces the BNB holding period of 9 to 7 days. ARPA winning voters will split a rewards pool of 15 million ARPA tokens,...
Read More »India Arrests Three Involved in Potential Crypto Scam
Cryptocurrency scams just seem to be an everyday thing as of late, and the latest scam news involving digital money is arriving out of India.Is India Home to a Large Crypto Scam?The country’s Special Task Force (STF) says it has made three arrests in what is turning out to be a very large case of cryptocurrency fraud. The people arrested include Rakesh Kumar Singh, Bittu Yadav and Pradeep Dev. All three have been charged with digital theft. The suspects hail from a region of Bihar in...
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