Huobi Token HT

$1.63
Market Cap $ 81.672 MM (#75)
24h Volume $ 8.670 MM
Chg. 24h: -0.11%
Algo. score 2.5/5  (#935)
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Huobi Token News

Huobi Releases Details of Huobi Token Q3 Token Buyback and Airdrop

Huobi pledged to maintain Huobi Token (HT) value by conducting scheduled token burns and the world’s third-largest cryptocurrency exchange by trading volume has kept this promise. In a tweet, Huobi Global announced that the exchange had allocated 20% of revenue to buying back 12,520,200 ($20 million) HT. Huobi will redistribute HT to investors on Huobi exchange by airdrop. The amount of HT received will be determined by snapshots of HT holdings between July 1 to September 30 and the airdrops will take place on October 16, November 15 and December 15. By repurchasing tokens, Huobi boosts the price of HT and encourages customers to use the exchange and also buy the token. (RS)

5 hours ago

IHT Real Estate Protocol Coin Climbs 36% Higher on Bittrex Listing

U.S.-based crypto exchange Bittrex announced a new listing on Twitter. The exchange now supports I-House Token (IHT), trading for which will begin soon. The IHT coin, which also trades on Gate.io and Kucoin, climbed 36% higher on the development. The name of the project is IHT Real Estate Protocol, which is a blockchain-fueled marketplace for investors and developers. (GT)

14 days ago

Ethereum Price Analysis: Back in Consolidation after Rejection at $300

Ethereum (ETH) price recently broke out of a small symmetrical triangle but has slumped back into consolation. Technical indicators suggest that the floor might still hold, but bullish pressure seems to be fading. The 100 SMA is above the longer-term 200 SMA to signal that the path of least resistance is to the upside. RSI is crawling lower to indicate that selling pressure is present. ETH has been under pressure due to speculations of a pickup in bearish positioning with the pending launch of futures on CBOE. As of this writing, ETH is trading at $283.91, down 1.19% in the last 24 hours.

a month ago

Bitcoin Intraday Price Analysis: BTC is on the Verge of a Breakout

BTC continues to rise within the ascending wedge channel and the hourly chart shows the formation of a bull pennant. BTC remains above the 100 and 200-hour moving averages and the Stoch and RSI have leapt high into overbought territory. In the event that BTC breaks above the rising wedge resistance, prices could rise from $7,460 to $7,819. $7,379 appears to be today’s short-term resistance and $7,153 functions as an interim support. A drop below $7,153 could see BTC drop to $7,091 but a quick bounce back to the current range is expected. At the time of writing, BTC is up 1.34% and the price is $7,372. (RS)

a month ago

Bitcoin ETF: Early 2019 a More Realistic Approval Date

The general consensus regarding Bitcoin ETFs has transitioned from “possibility” to “imminent approval” and a handful of analysts are busying themselves with generates forecasts of exactly when they think this might happen. Most recently, some are suggesting that 2019 is the most ideal time for an approval by the SEC. To date, a number of BTC-ETF proposals have been delayed or rejected by the SEC over concerns of uncontrollable volatility, liquidity issues and the real possibility of manipulation. Many investors do not believe that cryptocurrencies will falter in the absence of a BTC-ETF but a large enough number believe that it will take an ETF to truly entice institutional investors and kick off the next bull market. (RS)

a month ago

Dutch Central Bank Economist: Bitcoin could Correct Before Rallying Even Harder

Joost van der Burgt believes that Bitcoin will go through at least one more strong correction before starting the next rally. The Dutch National Bank policy advisor came to this conclusion by analyzing the correlation between Google searches for “Bitcoin” and the price action of BTC during the cryptocurrency up and down cycles. The results showed that the price of Bitcoin rose each time it was in the news regardless of sentiment. Joost van der Burgt believes that the introduction of CME and CBOE Bitcoin futures actually “might have deflated the bubble before it got to a level where it might burst completely.” (RS)

a month ago

Belgian Financial Oversight Body Adds 28 Sites to Crypto Scam Blacklist

The Financial Services and Markets Authority (FSMA) in Belgium has thrown 28 new sites on it’s crypto-industry fraud blacklist and posted an alert to consumers on September 4. In light of a tedious attempt to raise consumer awareness of fraudulent cryptocurrency ventures, the FSMA continues to receive an onslaught of complaints from consumers who have been victimized by fraudsters who make a quick buck off the “cryptocurrency hype.” The agency explained that the update list is comprised by documenting and organizing the names of businesses presented in victims reports. (RS)

a month ago

India's Largest Exchange Shuts Down INR Trading Pairs After Banking Ban

Early this year, India's central bank banned all banks in the country from offering their services to crypto businesses. This affected exchanges the most because they were no longer able to offer crypto-fiat services. Zebpay stopped accepting deposits and withdrawals for INR. However, users were still able to trade against INR on the exchange. With no regulation in sight, the exchange has planned to shut down all INR trading pairs. Zebpay saw a volume of $1.83 Million in the last 24 hours. (VS)

a month ago

Ethereum Flash Crash On Kraken Below $240

Ethereum, the second largest cryptocurrency which has a market cap of $29.5 Billion suffered a flash crash on Kraken. At precisely 4:59 AM London time, the priced of Ethereum crashed to $237. Ethereum (ETH) is currently priced at $289.34, gaining 0.03% in the last 24 hours. About 18,000 ETH was sold and bought on the exchange at that point. However, Kraken is yet to give an official statement on the flash crash. Kraken saw a volume of $102 Million in the last 24 hours. (VS)

a month ago

Ledger Adds 7 New Cryptocurrencies, Along With EOS and WAVES

Crypto hardware wallet maker Ledger, commitment to support more cryptocurrencies by adding new cryptocurrencies on the first Tuesday of every month. Keeping up with their promise, they added 7 new cryptocurrencies today: Hycon, Waves, Rise, FIC Network, Pirl, EOS, and Akroma. They are available as third-party apps on Ledger Live right now. (VS)

a month ago

Daily Berminal Brief (9/4/18): IBM Launches Cross-Border Payments With Stellar And Google Onboards Ethereum Blockchain To Analytics Platform

The State Of The Market: Most of the market is in green today, with Bitcoin going creeping past its resistance at $7,300. Bitcoin (BTC) is currently priced at $7,363.31, gaining 1.28% in the last 24 hours. Also, for the first time in 8 months, Bitcoin's MACD has gone above the zero line, indicating an upcoming Bull run. With the current trend, Bitcoin may reach $8,500 in the next few weeks. Ethereum, on the other hand, has not moved. It is still below $300 at $289.08, losing 0.22%. Also, with recent Bitcoin gains, Ethereum has gone below 0.04 BTC for the first time this year and is currently at 0.03919 BTC. The total market cap has gone from $235 Billion to $240 Billion, gaining $5 Billion in the last 24 hours. 1) After initially announcing a partnership with Stellar, IBM has quietly rolled out 'Blockchain World Wire' which will facilitate near real-time cross-border payments. In doing so, Stellar with IBM is directly competing with Ripple. IBM will partner with financial institutions and integrate Blockchain World Wire with their existing payment systems for seamless transactions. 2) Internet giant Google has taken a special interest in Ethereum by adding its blockchain to their big data analytics platform, BigQuery. The new feature synchronizes blockchain data every day and visualizes multiple aspects of it. BigQuery can also be used to observe smart contracts and Dapps on the Ethereum blockchain. Ethereum blockchain data is available for users to interact with right now. 3) After multiple hacks, Bittrex is the latest exchange to drop support for the forked cryptocurrency, Bitcoin Gold. Currently, BTG trades against BTC, ETH, and USDT on Bittrex. The exchange fell victim to a 51% attack and demanded that the Bitcoin Gold team cover up their loss. The BTG team refused to do so, which has resulted in Bittrex dropping support.

a month ago

Greece To Extradite BTC-e Owner Alexander Vinnik To Russia

The Greek Supreme Court has ruled to extradite BTC-e owner Alexander Vinnik to Russia to face cyber fraud charges. According to a Russian publication, Vinnik agreed with his extradition to Russia. The Greek police arrested him in 2017 on charges of fraud and money laundering worth around $4 billion by the US. France is also fighting for extradition, on charges of defrauding over 100 people in the country. The formal decision on extradition to Russia will be issued September 14, coming into force the same day. (VS)

a month ago

Tim Draper Doubles Down On His Bitcoin Prediction For 2022

Billionaire investor Tim Draper who made a fortune on early Internet days is also extremely bullish on Bitcoins. Earlier, he made a prediction in his book that the price of Bitcoin would reach $250,000 by 2022. However, Bitcoin tanked this year, going from its all-time high of $20,000 to $6,000. When asked about it once again, he said his prediction still stands. He also believes that Fiat currencies will eventually lose their value. In 2014, he bought 30,000 BTC seized from Silk Road at a public auction for $20 Million. With Bitcoin's current price, it is now worth over $220 Million. (VS)

a month ago

Crucial Resistance Near $7,325: Bitcoin Price Watch

Yesterday, Bitcoin price was expected to correct lower against the US Dollar from $7,300. The speculations were right as the pair corrected to a support level of $7,200. Bitcoin made a swing low of $7,186, but later the pair traded past $7,300 with a small attempt move above $7,325 which was stopped by buyers failure to gain traction. A downside reaction was experienced to move the prices below the level of $7,250. Currently, there is a surge in its price at the support level of $7,240 on the BTC/USD hourly chart. At the moment, Bitcoin seems to make attempts to clear $7,325 level. However, it could surge more or lower below $7,200 to $7,130 support level. (VK)

a month ago

EOS Developers Are Suffering From Rising RAM Costs

EOS developers require three main resources for deploying dapps: CPU, NET, and RAM. RAM is used for making user accounts. However, with the speculative nature of the crypto industry, speculators have started hoarding RAM, which has resulted in a price surge. Developers have to spend 4kb RAM for each user, which costs $3.12 per user with the current price. A game developer revealed that they purchased $65,000 worth RAM to launch their game. The cost of entry is extremely high right now, especially when compared with Ethereum which requires developers to pay only for the transactions they make. EOS is currently priced at $6.47, gaining 0.6% in the last 24 hours. (VS)

a month ago

VeChain Price Surges by 10.50%, along with the Rolling Out of MainNet v1.0.2

The VET/USD pair reached its 30 days highest in the last 24 hours. The prices surged by 10.50% to trade at $0.01952 with a volume of $40 million. It leads the BTC with 9.69, if this trend continues and it trades past $0.02000 mark, then it would have brighter days ahead as it will experience bulls in the coming days. The Vchain team took to Twitter to announce the rolling out of MainNet v1.0.2. (KE)

a month ago

Bitcoin Faces Resistance At $7,325

After constant gains over the past few days, Bitcoin is currently priced at $7,307.90, gaining 1% in the last 24 hours. However, there's a solid resistance at $7,325 which Bitcoin has struggled to cross for a while. At the same time, there's a very good support at $7,200 which Bitcoin has already rebounded from multiple times. The hourly MACD is slightly in the bearish zone and the Hourly RSI is slightly above the 50 level. (VS)

a month ago

Crypto Update: The New Developments in Bitcoin, Stellar, Litecoin, Tron, and NEO

With the increasing crypto adoption, chocolate Bitcoins is making headlines after being spotted at Walmart, and each bag goes for $1.00. Neo.Game which brought many developers together has come to an end, and winners have been awarded. Lykke exchange has listed Stellar, and trading can now occur using the Lykke mobile wallet. Also, Litecoin Summit 2018 is scheduled for Sept.14-15 and will happen at South San Francisco Conference Center. Further, Justin Sun boasts of Tron's mainnet accounts surpassing that of EOS by 301,000. (KE)

a month ago

Bithumb Suspicious of Wash-Trading

Though the crypto trading has seen a sea of green these days, Alex Kruger, the Argentinian born crypto trader made a case against this. He explained on Sunday through a series of tweets what exactly was happening prompting the $250 million fake volume Bithump was experiencing daily and concluded that some smart trader/s are taking $90,000 from Bithumb every day. The kind of wash-trading and manipulation paints not only the Bithumb exchange in a bad light but the rest of the crypto industry.(RL)

a month ago

Square Acquires Crypto Payment Network License

Mobile payment processing company Square Inc. has obtained a US digital currency payment patent. The startup, founded by Twitter CEO Jack Dorsey, will allow traders to accept both cryptocurrency and fiat payments. Merchants will then cash out in the currency of their choice. The US Patent and Trademark Office (USPTO) gave Square Inc. the copyright. The firm aims to process payment transactions at speed similar to that of credit cards. Square cited that the system will make the payment process flexible and also reduce delays in processing payments. The new payment system will prevent merchants from double-spending by moving the risk to the payment service. (KE)

a month ago

Use Bitcoin (BTC), Bitcoin Cash (BCH) and Ethereum (ETH) To Buy $700K Lamborghini

The White Company has offered up a Lamborghini for sale, and you can purchase it using cryptocurrency. The new Aventador LP-750-4 SV Roadster is one of a kind. According to Roadandtrack.com, this is the fastest Lamborghini ever made. It is made of ultra-lightweight materials which have made it 50 kilograms lighter than its predecessor. It also has a V12 engine that accelerates from 0 to 62mph in under 3 seconds. Its top speed is 217mph (350km/h). In addition to this, the Lambo will be the first model to have an open top. The White Company is selling this luxury vehicle for approximately 95.76 BTC. You can also purchase it using 1,101.10 BCH or 2,397.50 ETH. (KE)

a month ago

Over US$8 million of More than 2,600 Investors Were Lost in‘Treasure Ship’ ICO

According to South Korean police, around 9 billion won or slightly over US$8 million have been lost in a ‘Russian treasure ship’ ICO fronted by a South Korean ‘treasure-hunting’ firm. More than 2,600 people reportedly have become the victims in the ICO, which Shinil Group claimed to have discovered a shipwreck containing gold worth US$130 billion. Moreover, the CEO of Shinil Group, Choi Yong-seok, being banned from leaving the country and firm’s offices being raided by Seoul Metropolitan Police Agency early last month. (RL)

a month ago

Bittrex Steps up Invests in Malta Based Palladium

Bittrex, a US-based cryptocurrency exchange, reportedly has bought a 10% stake in Palladium recently, a Malta-based blockchain company. It is said that Bittrex’s latest investment into Palladium makes it a major player in the Maltese blockchain company, a majority of whose shares were owned by Investar Holding, a bank holding company and Unikrn, an eSports betting platform. Bittrex also recently began to support trading in Cardano [ADA] and Zcash [ZEC] paired up with the United States dollar from 5th September. (RL)

a month ago

Exchange Tokens Fall Behind Crypto Market Bull Rally

The crypto market recently flashed green as Bitcoin and majority of the altcoins gained in price. Most of the cryptocurrencies in the top 100 list by market capitalization experienced surges. However, exchange tokens have gained minimally over the same stretch of time. In the last seven days, the AltDex Exchange Token Index (ALTEXC) is up by only 11.7%. ALTEXC is made up of tokens linked to major centralized and decentralized exchanges such as 0x (ZRX), Huobi Token (HT) and KuCoin (KCS). ALTEXC fell as low as 53.02 in July and has recovered a mere 27.5% to reach 67.61. ALT100 fell to 70.80 on August 14th but has made a 24.15% come-back to reach 87.90. Compared to ALTEXC, ALT100 made a stronger rebound after the decline. (KE)

a month ago

Aelf Updated its Progress Report from Aug 20th-Sept 2nd

Alef has updated its progress report from Aug 20th-Sept 2nd, and the project updated its progress on main chain development, team building, project cooperation, marketing, and community, as well as media cooperation. The major highlights of its progress show on Network, Inter-chain Communication, Cluster, and Tests. It is also reported that Async Capital, a hybrid digital fund, officially joined the Aelf Innovation Alliance. According to the co-founder and COO of Chen Zhuling, the company is currently aiming to solve the problem of poor blockchain scalability. Alef is dedicated to building the public chain for the future business based on blockchain technology. (RL)

a month ago

Report: Major Chinese Insurance Firm Will Use the Blockchain Technology After New Alliance

A Bianews report revealed that the People’s Insurance Company of China (PICC) has partnered with VeChain and DNV GL. This collaboration aims at using the blockchain technology to save on time and money for the two companies, through efficiency. The alliance also seeks to improve claim experience, fraud prevention, and KYC conformity. According to an announcement by PICC, VeChain will help to digitalize their operations, making them faster. The digitalization will create an instant compensation system, according to the report. Additionally, the report highlights that DNV GL, which is a global quality assurance and risk management company, will, in turn, guarantee the system’s data integrity. (KE)

a month ago

Ethereum Price Analysis: Fundstrat Global Head of Research Calls Ethereum Futures 'a Bad Idea to Invest'

Among the strong ETH sellers, bulls are slowly coming back in. At the current price ($291 as at 2:30 AM UTC), ETH is up by 4 percent. It is recovering from the lowest price that it hit during the week of August 19th. However, traders should act with caution and only initiate longs only when the prices hit $330, according to Newsbtc.com analysis. According to the current soaring BTC price, Ethereum might be able to climb up and break the $330 resistance. This comes as the global head research in Fundstrat warned against investing in Ethereum Futures. (KE)

a month ago

Bitcoin Enthusiasts Create Lightning Network POS System

Recently, a group of Bitcoin (BTC) enthusiasts got together and created a functioning POS system that is linked to lightning network for a bar in Berlin called ROOM77. This enabled the patrons to route a BTC payment through the lightning network to pay for their beer and food. While this may seem like a small event, wider adoption is dependent upon the ability for the everyday person to use their cryptocurrency for their daily purchases, and as the lightning network is able to further establish itself, the value of bitcoin is bound to increase. (JF)

a month ago

British Artist Sells Entire Collection for Crypto via Wechat

Lincoln Townley, a contemporary British artist, recently made headlines for selling an entire collection of work for cryptocurrency using Wechat. The artist considers those who invest in Bitcoin to be speculators who may be looking to take more risk, and he feels that those are the types of people that would be interested in buying his art as a way to add to their investment portfolio. And apparently he was right, as he was easily able to conduct the transaction via a social messaging app, and see this as a viable option for future sales. (JF)

a month ago

DigiFinex Launches LBTC Bounty Worth $45,000

DigiFinex, which is the No. 12 cryptocurrency exchange based on trading volume, has announced a bounty promotion alongside LBTC. According to the exchange, nearly 4,000 LBTC coins worth approximately $45,000 will be distributed for deposit in a promotion that runs through Sept. 7. The LBTC distributions will be proportionate to an account’s net deposit amount. Nearly 700 LBTC coins will be given to the top 20 accounts, which should boast deposits of more than 500 LBTC. CoinMarketCap lists a pair of LBTC coins: Lightning Bitcoin, which is up nearly 9%, and LiteBitcoin (LBTC), which is down 4%. (GT)

a month ago

Bitcoin Chart Reading and Trading Tips

A glance at the 4-hour BTC-USD chart shows the posting of a ‘gravestone doji’ candle on a high volume spike above the ascending channel resistance. The spike brought BTC to $7,429 which is well above the $7,250 and $7,300 resistances but the gains quickly evaporated and BTC slipped back into the channel. A gravestone doji candle is a call for caution and not necessarily proof of bullish continuation as the gains quickly reversed as bear volume consumed the quick gains. On the occurrence of a gravestone doji, traders should keep an eye on whether BTC maintains a pattern of higher highs and higher lows and an even closer eye should be kept on whether BTC price is rejected (capped) at each high or if the higher highs become lower with the close of each candle. (RS)

a month ago

Bitcoin Pulls Back After Reaching 1 Month High

While Bitcoin bulls ran hard over the weekend, today they appear to be showing signs of exhaustion and technical charts suggest are return to the psychological support of $7,000 is on the cards. A moderate pullback should come as no surprise since BTC has rallied nearly 27% over the last 2.5 weeks and briefly touched a monthly high at $7,429. The RSI has began to descend from overbought territory and and BTC may drop to the rising wedge support at $7,040. While the short-term technical setup suggest a mild correction, all other indicators still support a bullish outlook as the 100-MA remains above the 200-MA and the 50-MA is above the 100 and 200-MA. At the time of writing, BTC is up 0.33% and the price is $7,270. (RS)

a month ago

Charlie Sherm: Investors Should Ignore Volatility and Just Hold for 5 Years

By now, we all know that cryptocurrency can be unpredictably volatile, but Charlie Sherm suggests that investors should not be deterred by volatility. Sherm advises that investors “pick something in the top 10 or 20, and look at those, learn about them, and take a stake in them.” Sherm believes that investors should buy and hold cryptocurrencies for five years as according to him, “There’s a high probability you’ll come out ahead in five years, because usually, these bull and bear markets go in two-year cycles.” Amateur investors might do well to heed Sherm’s advise as the 28-year old co-founded Bitlnstant in 2011. Bitlnstant exchange once processed 30% of all bitcoin in circulation. (RS)

a month ago

Craig Wright Supports Are Manipulating Reddit Comments Using Bots

The fight for Bitcoin Cash's future is getting ugly, with an upcoming fork. The side led by Craig Wright has been caught red-handed while planning to manipulate r/btc subreddit which is dedicated to Bitcoin Cash. Though vote manipulation is against Reddit's rules, the side led by Wright claims it is needed to 'educate people.' Some posts on the subreddit have already been subject to bot attacks to push them above other posts. (VS)

a month ago

Bittrex Invests in Blockchain Company Palladium

Bittrex cryptocurrency exchange has taken up a 10% stake in Maltese blockchain startup, Palladium. Palladium founder, Paolo Catalfamo seemed slightly befuddled as he is currently unaware which current investor may have sold their stake to Bittrex. Catalfamo went on record as saying, “ Before the investment was executed by Bittrex, Palladium was owned by the bank holding company Investar Holding, which held 85% in the company, and an eSports betting platform Unikrn, which held 15%, in the company.” Palladium is currently in the process of fundraising €150 which will be used to acquire a controlling interest in an unspecified European bank. (RS)

a month ago

Ethereum Classic Manages to Post Gains as the Greater Market Declines

Today Ethereum Classic (ETC) has added more than %5 as the rest of the cryptocurrency market slightly corrects after a fantastic weekend run. The volume price indicator suggest that ETC will rise for a few weeks and the MACD shows that a reversal is in store as the deeper cycle of the correction is complete. Obviously, there is still a lot of volatility in the market but this appears to be a good time for accumulating ETC. At the time of writing, ETC is up 7.82% and the price is $14.20. (RS)

a month ago

Daily Berminal Brief (9/3/18): Bitcoin Reaches $7,300 Target and a Handful of Altcoins Hold on to Their Recent Gains

1) Speaking to CNBC, Tom Lee said that bitcoin would possibly trade at $20,000 at the end of this year. He said this would be attributed to emerging ETFs and the asset's strong performance. Additionally, he said the contributing factor would also be the decline of the US dollar due to the US conflict with countries like Iran, China, Turkey; as a result, the Federal Reserve will slow the policy on interest rate hike, making people resort to bitcoin and increase its prices. 2) The report released by the ICO advisory firm Satis Group has made the news cycle rounds and caused a lot of stir. From claiming many ICO’s and utility tokens will go bust while currency and privacy coins like Monero (XMR) will be the best performers, they also made some price predictions as to where the market is headed. One of the more near term predictions is that the cryptocurrency market will reach a total market cap valuation of $1 Trillion by 2021, indicating that the market will increase in value more than four times its current value of nearly $240 Billion over the next couple of years. 3) Most cryptocurrency investors are aware of the rather unique relationship between Tether (USDT) and BitFinex and the rumors of manipulation will begin to churn again as $100 million USDT are currently en route to Bitfinex cryptocurrency exchange. Hundreds of millions of USDT were sent to various exchanges during the height of the 2017 bull run and researchers and regulators point to the ‘manipulation’ as the reason for BTC reaching an all high. The most recent transfers of USDT led to significant leaps in BTC price. A July 24 transfer was followed by a $800 movement and the most recent infusion (August 21) lead to a $650 pop in BTC price. It is yet to be determined what the impact of today’s transfer will be but traders will certainly be keeping a close eye on the charts. (Read more at the Berminal's Medium page)

a month ago

Bitcoin Mining Firm Is Building A Massive Wind Farm In The Sahara Desert

Soluna, a cryptocurrency mining firm has announced its plans to set up a 900MW wind farm power plant in Morocco's part of Sahara Desert. Soluna expects to complete 36 MW by 2020 and the remaining over the next five years. Bitcoin mining consumes a lot of energy right now, which can have a significant impact on the environment. According to some reports, Bitcoin mining now consumes as much as the energy consumed in Ireland and Austria. Soluna is hoping to reduce the carbon footprint through its renewable energy plants. (VS)

a month ago

Google Is Using Its Data Analytics Platform To Visualize Ethereum

Internet giant Google has taken a special interest in Ethereum. They've added Ethereum blockchain to their big data analytics platform, BigQuery. The new feature synchronizes blockchain data every day and visualizes multiple aspects of it. BigQuery can also be used to observe smart contracts and Dapps on the Ethereum blockchain. Ethereum blockchain data is available for users to interact with right now. Ethereum (ETH) is currently priced at $290.49, losing 0.59% in the last 24 hours. (VS)

a month ago

Canadian Esports Tournament Is Launching Its Own Cryptocurrency

Canada Cup, the country's premier Fighting Game Tournament has announced its plans to launch its own cryptocurrency, eSports ecosystem (ESE). Canada Cup has been around since 2010. The tournament is planning to build a platform to reward both professional and casual players. The funding will be used to promote eSports through bigger tournaments, sponsorships, and gaming scholarships. (VS)

a month ago

New Report Claims Wash Trading Affects 67% Of Trade Volume

According to a recent report from the Blockchain Transparency Institute, about 67% of cryptocurrency trading has been affected by wash trading. Wash Trading is the process of trading an asset for the sole purpose of showing activity. Wash trading is illegal in all countries as it misleads the general public. However, with cryptocurrencies, there is very little oversight which has resulted in rampant amounts of fake trades. However, with the adoption of cryptocurrencies, exchanges are under scrutiny to make sure there are no wrongdoings. (VS)

a month ago

Mozilla Is Planning To Block All Browser Mining

The Mozilla Foundation has announced a new version of its browser, Firefox Nightly which will block all scripts and come with anti-tracking options by default. The company pointed out to the deceptive practices used by companies to track its users. Additionally, Firefox Nightly will block mining scripts from using any resources on the computer. If the beta version is successful, it will be integrated into the final release of Firefox version 63. (VS)

a month ago

Netherlands-based Startup V-ID Launches Innovative Fraud Prevention Program

Netherlands-based blockchain startup company V-ID has launched an innovative digital fraud prevention program. The V-ID program guarantees verification and validation of certificates including inspection certificates, legal documents, reports and audit trails. The platform aims at reducing forgery and fraud brought by the ongoing digitization of documents. The service is already being used by firms in various sectors such as education, defense, and government. These firms include Airbus Defence & Space, Vitrumnet, and the European Research Institute ESHRE. (VK)

a month ago

Malta: Crypto Exchange Palladium buys 10% Stake in Palladium

The cryptocurrency exchange Bittrex has acquired a stake in Palladium. Palladium, a platform for initial Convertible Coin Offerings (ICCOs), aims at raising €150 million through pre-sale of tokenized securities. According to the Times of Malta, Bittrex bought a 10% stake of the Maltese company. However, the investment amount was not immediately disclosed. Elsewhere, B2B market research company Marketsandmarkets has said the Crypto ATM Market is expected to grow to $144.5 million by 2023 from the current $16.3 million. (VK)

a month ago

Japan: New Screening Requirements for Cryptocurrency Exchanges Introduced

According to a report by the Financial Times, the Financial Services Agency of Japan has added new requirements for exchanges to tighten the screening of this exchanges during the registration. The new conditions cover the decision-making process of these companies and the antisocial groups' links. This will be done by reviewing the board meetings minutes and their computer system security. As per the report, the questions asked are up by over 400 and include those of financial health and risk management measures by the registrant. (KE)

a month ago

Ethereum Classic Jumps 5% in the Hour

Ethereum Classic price shot up over 5% in the past hour and has currently retraced slightly, trading at $14.06 at the time of writing. This marks a 7 percent change over the past 24-hours for what many call the 'original Ethereum.' ETC was recently added to Coinbase as one of the now 5 crypto available on the popular platform, which has many in the greater crypto community keeping an eye on rapid price movements, which has happened after a Coinbase listing. (JF)

a month ago

Ethereum Price Update: A Healthy Pullback and Consolidation

The price of Ethereum (ETH), along with the overall crypto market, has seen a slight pull back in price and appears to be consolidating in a range between $290 and $300. This is the sign of a healthy market, as traders are taking profits after the recent price increase from this past weeks lows near $270. With positive news coming out around the crypto sphere, and news from the CBOE of possible ETH futures by early 2019, there is reason to believe the price may soon begin increasing again. ETH is currently trading at $293.17, a 1% decrease on the 24-hour chart. (JF)

a month ago

New Study Highlights the Many Positives of Bitcoin Mining

A recent study released by Node Blockchain sought to rebuff the current narrative of bashing cryptocurrency mining and saying that its energy use is going to destroy the world. On top of the fact that most numbers reported by main media sites can be as high as three times the actual value, they also fail to identify the function the process is serving as well as ignoring advancements and the increasing green energy mining movement. In fact, much of the green energy development is being driven by mining operations looking to cut costs and produce cheaper energy, which will eventually benefit the world. (JF)

a month ago

Ripple Price Update: XRP is About to Reverse but can it Repeat it's 2017 Performance?

Ripple (XRP) appears ready to begin a new trend and the weekly chart suggests this movement could begin as soon as next week. Volume has declined to the point where a break out appears imminent and the MACD indicates that the current correction has run its course. The big question is whether or not XRP will be able to pull off the same type of performance it put on throughout 2017 and investors might be spooked by a recent report from Satis Group which forecast BTC to reach $96,000 while XRP will fall to $0.01 by 2023. To date, XRP is still up 5043% over the last two years and while the price currently trades at $0.34 this doesn't mean the coin has nothing left to give. If XRP was to put on the same performance it did in 2017, each coin would be valued at $15 by 2019. At the moment, XRP looks to be forming a bull flag on the 4-hour chart. XRP is down 1.38% and the price is $0.34. (RS)

a month ago

Bitcoin Price Update: The Bulls Keep Trying to Take Charge

Despite spending most of the day lingering underneath the $7,300 resistance, Bitcoin remains overwhelmingly bullish from a technical standpoint. The 55 exponential moving average (EMA) recently crossed above the 200-day moving average (MA) and the 100-MA is on the verge of crossing above the 200-MA. Up until today, BTC shorts had significantly reduced their positions and it truly appears as if BTC has bottomed and geared up for a turnaround. The 5-EMA and 10-EMA have executed their bull cross and the RSI and Stoch have reliable bounced in and out of overbought and oversold territory which has made predictable range trading relatively easy for day traders. It appears that $7,300 and $7,350 will continue to present resistance for BTC but overall the technical setup suggest further gains. At the time of writing BTC is up 1.23% and the price is $7,282. (RS)

a month ago


News courtesy of berminal.com
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