Day: October 1, 2019

Bitcoin Incurs Bullish Momentum as Analysts Set Short-Term Target at $9,000

Bitcoin Incurs Bullish Momentum as Analysts Set Short-Term Target at $9,000

Bitcoin has been able to extend the upwards momentum that it has incurred over the past day, which has allowed it to gain what appears to be a solid f ...
BlackRock, Goldman Sachs Veteran Joins Blockchain as General Counsel

BlackRock, Goldman Sachs Veteran Joins Blockchain as General Counsel

After serving over 25 years at two of the world’s largest financial institutions, Howard Surloff joins Blockchain.com as general counsel. BlackRock ...
KIK Closes Messenger and Lays off Staff to Continue SEC Lawsuit Fight

KIK Closes Messenger and Lays off Staff to Continue SEC Lawsuit Fight

Messaging giant Kik has been embattled in a fierce exchange with the United States Securities and Exchange Commission (SEC) over the last year for a t ...
If In Doubt Zoom Out, Bitcoin Profitable Days Still at 91.5%

If In Doubt Zoom Out, Bitcoin Profitable Days Still at 91.5%

Even despite the recent haircut off Bitcoin’s market capitalisation that saw prices once again crash spectacularly through the $10,000 level, th ...
Blockchain Startup Tracks Property Liens in Energy-Efficient Loan Market

Blockchain Startup Tracks Property Liens in Energy-Efficient Loan Market

Blockchain startup Spring Labs was selected to develop a national property lien registry for four financing providers in the United States. Blockcha ...
Bitcoin Falls Below Stock-to-Flow Model, Will The Halving Be Front Run By Bulls?

Bitcoin Falls Below Stock-to-Flow Model, Will The Halving Be Front Run By Bulls?

The recent price action in Bitcoin markets has brought the price of the first-ever crypto-asset below the popular stock-to-flow model popularized by c ...
European Commission Exec Questions Facebook’s Libra Stablecoin

European Commission Exec Questions Facebook’s Libra Stablecoin

Executive Vice President-Designate of the European Commission, Margrethe Vestager, has questioned the motives behind Facebook’s forthcoming Libra st ...
SEC Imposes Multimillion Dollar Fine for Unregistered EOS Token Sale

SEC Imposes Multimillion Dollar Fine for Unregistered EOS Token Sale

The United States securities regulator has announced hefty fines for two crypto companies. The penalties have been imposed for EOS’ unregistered ...
Leak of Facebook’s Internal Q&A Sessions Reveal Early Strategy for Libra

Leak of Facebook’s Internal Q&A Sessions Reveal Early Strategy for Libra

Newly leaked audio from Q&A sessions between Facebook’s CEO and employees has revealed Facebook’s early strategy for Libra's launch. On Oct. 1, te ...
Top 20 Coins Report Mild Gains and Losses, BTC Moves Away From $8,000

Top 20 Coins Report Mild Gains and Losses, BTC Moves Away From $8,000

Bitcoin moves steadily further from the $8,000 price mark, while other crypto assets are experiencing moderate gains and losses. Tuesday, Oct. 1 &md ...
Rejected? Bitcoin Price Attempts to Break Back Above Vital Moving Average

Rejected? Bitcoin Price Attempts to Break Back Above Vital Moving Average

Last week, following disappointment surrounding the much anticipated Bakkt launch, Bitcoin price smashed below $10,000 and plummeted over 20% to under ...
FB’s Internal Q&A Sessions Reveal Early Strategy for Libra: Leaked

FB’s Internal Q&A Sessions Reveal Early Strategy for Libra: Leaked

Facebook CEO Mark Zuckerberg outlined the firm’s approach to regulators regarding Libra in newly leaked audio from an internal Q&A session held in J ...
Welcome Howard Surloff: Blockchain’s new General Counsel

Welcome Howard Surloff: Blockchain’s new General Counsel

We’re excited to announce that Howard Surloff has joined Blockchain as General Counsel. For over 25 years, Howard has turned legal strategy into a cat ...
Crypto Investors KR1 Thank Cosmos Network for $5.6M Profit in H1 2019

Crypto Investors KR1 Thank Cosmos Network for $5.6M Profit in H1 2019

Digital asset investement firm KR1’s portfolio surged in value in H1 2019, with the company attributing its $5.6 million profit to the launch of Cos ...
Market Outlook: A Few Cryptocurrencies Rebound While Fear Grips Central Banks

Market Outlook: A Few Cryptocurrencies Rebound While Fear Grips Central Banks

In the last 48 hours, digital currency markets have rebounded after some bearish price dips last week. After losing $35 billion in a short period of t ...
Top-20 Coins Report Mild Gains and Losses, BTC Moves Steadily Further From $8,000

Top-20 Coins Report Mild Gains and Losses, BTC Moves Steadily Further From $8,000

Tuesday, Oct. 1 — After signs of recovery in recent days, the leading crypto Bitcoin (BTC) has maintained its price above the $8,000 mark. However the ...
Former Employees of JP Morgan, Intel and TrustToken Launch Stablecoin

Former Employees of JP Morgan, Intel and TrustToken Launch Stablecoin

Former employees of JPMorgan, Intel, and TrustToken launched a new US dollar-backed stablecoin, dubbed the USDD. The Global Currency Organization (G ...
Fintech Startup Rapyd Raises $100M for Cloud-Based Payment Platform

Fintech Startup Rapyd Raises $100M for Cloud-Based Payment Platform

Fintech-as-a-service startup Rapyd has raised $100 million in a funding round led by venture and growth equity investments firm Oak HC/FT. Fintech-a ...
Shipping Startup 300cubits Suspends Its Blockchain Operations

Shipping Startup 300cubits Suspends Its Blockchain Operations

Shipping startup 300cubits burns its tokens while suspending its blockchain operations due to low transaction volume. Blockchain shipping startup 30 ...
Ethereum-Compatible SKALE Network Raises $17.1M for Mainnet Launch

Ethereum-Compatible SKALE Network Raises $17.1M for Mainnet Launch

The SKALE Network, decentralized Ethereum-compatible network, has completed a $17.1 million funding round for mainnet launch. Solid global backing Bac ...
Bitcoin Climbs Back amidst Gains on Wall Street

Bitcoin Climbs Back amidst Gains on Wall Street

Bitcoin eked out modest gains on Tuesday in tandem with similar moves on Wall Street. The benchmark cryptocurrency surged by 0.5 percent to $8,349.97 ...
Facebook Will Create ‘Shadow Banking’ System, Major U.S. Banks Warn

Facebook Will Create ‘Shadow Banking’ System, Major U.S. Banks Warn

When asked by th U.S. Fed about Libra, some of the nation’s biggest banks say Facebook’s token will reduce their payment volumes. Facebook’s c ...
Video Shows $10M Chinese Bitcoin Mining Farm in Flames

Video Shows $10M Chinese Bitcoin Mining Farm in Flames

During the early morning hours of September 30, a nine-minute video circulated on Twitter showing a large bitcoin mining farm burning down. Sources sa ...
Leaked Tax Filing: CEO of Under Fire Brazilian Firm Owns 25,000 Bitcoin

Leaked Tax Filing: CEO of Under Fire Brazilian Firm Owns 25,000 Bitcoin

The CEO of Brazilian cryptocurrency firm Grupo Bitcoin Banco has claimed 25,000 Bitcoins (BTC) — a staggering $209 million as of press time — on a tax ...
Global Wash Trading on Crypto Markets Down by Over 35%, BTI Reports

Global Wash Trading on Crypto Markets Down by Over 35%, BTI Reports

Global wash trading on crypto markets was down by over 35% in September, according to the latest surveillance report from the Blockchain Transparenc ...
CFTC Charges Head of Crypto Escrow Service with $7M Bitcoin Fraud

CFTC Charges Head of Crypto Escrow Service with $7M Bitcoin Fraud

The United States Commodity Futures Trading Commission (CFTC) charged Jon Barry Thompson, the head of a Bitcoin escrow service, with a $7 million Bitc ...
Global Market Beats Bullish Bitcoin in Q3/2019

Global Market Beats Bullish Bitcoin in Q3/2019

Global markets performed better than non-correlated asset Bitcoin in the third quarter of 2019. The S&P 500 index (SPX) surged 0.68 percent on a q ...
Why Bitcoin Price May Soon Recover to $10,000

Why Bitcoin Price May Soon Recover to $10,000

After a precipitous drop to $7,700 this weekend, Bitcoin (BTC) bulls have managed to reclaim some ground. While the cryptocurrency market hasn’t flipp ...
Startup Band Protocol Launches BTC Binary Options DApp on Ethereum

Startup Band Protocol Launches BTC Binary Options DApp on Ethereum

Decentralized data governance startup Band Protocol launched its fully decentralized binary options trading app BitSwing on Ethereum’s (ETH) mainnet.& ...
Rakuten, SBI, Monex Launch Japan STO Association: Official

Rakuten, SBI, Monex Launch Japan STO Association: Official

Japan STO Association launches on Oct. 1, includes Nomura Securities, Rakuten Securities, SBI Securities, Monex and others. Six major Japanese broke ...