CryptoDaily

Richard Heart is pitching his new controversial crypto HEX as the first high-interest blockchain certificate of deposit from Cointelegraph.com News https://ift.tt/2DC2nDe via IFTTT

Power in politics is at a moment of imbalance. With political power increasingly tending toward centralized structures, emerging technologies such as blockchain provide decentralized alternatives to the distribution of such power from Cointelegraph.com News https://ift.tt/2q5rtr6 via IFTTT

Is a backtest of the $6Ks now imminent after Bitcoin failed to break $7,800 resistance? from Cointelegraph.com News https://ift.tt/2L74hQs via IFTTT

The CEO of Bakkt, Kelly Loeffler, is reportedly going to take the seat in the U.S. Senate for the state of Georgia. Governor Brian Kemp is set to choose the businesswoman rather than President Trump’s choice – U.S. Rep. Doug Collins. Bakkt CEO In U.S. Senate Governor Brian Kemp appears to be clear with his choice for the U.S. Senate seat after months of anticipation and discussions. The state of Georgia will reportedly have the CEO of Bakkt, Kelly Loeffler, taking the hot seat. While this might sound like a surprising pick to some, Gov. Kemp is attempting to expand the Georgia GOP’s appeal to women with Loeffler. It should be officially announced at a press conference early next week, and this will make Bakkt’s CEO the second woman in the history of the state to serve in the U.S. senate. U.S. Rep. Doug Collins seemed to be the more sensible choice due to his experience. He has served as congressman four terms already. Moreover, Collins is one of the most vocal defenders of Presiden...

$400 million in XRP is used in illicit activity, how does this stack up against fiat fraud, and is the reputation of the crypto industry beyond saving? from Cointelegraph.com News https://ift.tt/2DuiAdF via IFTTT

Bitcoin scalability improvements implemented in its node software over the years have played a key role in maintaining decentralization from Cointelegraph.com News https://ift.tt/2q4kA9u via IFTTT

The EU’s AML legislation is following the U.S.’s path but with significant delays for the emerging tech industry from Cointelegraph.com News https://ift.tt/2L7WySa via IFTTT

Bitcoin has shown to be volatile around Christmas as BTC price has seen major moves every December for the past four years from Cointelegraph.com News https://ift.tt/2XZqnts via IFTTT

Bitcoin has been around for more than a decade now. However, it’s safe to say that it gained mass attention at the end of 2017, following its unparalleled price increase to $20,000. In any case, the cryptocurrency has its fair share of proponents and early adopters – people who have been involved with it far before the events of 2017. Bitcoin brings forward quite a lot of benefits, especially when compared to traditional fiat currencies, and it’s nothing short of intriguing to find out what is it that got the attention of those early adopters. The question was taken to social media, and the answers are both versatile and exciting. #1 It’s a Form of Protest Against The Existing Monetary Status Quo Bitcoin’s whitepaper, which was published over 11 years ago, describes it as a peer-to-peer electronic cash system. Protesters. Source: Pixabay As such, a lot of people look at it as a form of protest against the existing financial system and policy. For example, the user CryptoHour ...

Talk of the need for “a new, neutral global reserve asset” is ongoing at the heart of the traditional financial sphere from Cointelegraph.com News https://ift.tt/2R5xXBi via IFTTT

Bitcoin poised for more gains after futures expiry from Cointelegraph.com News https://ift.tt/2rIIdVq via IFTTT

Bitcoin broke $7.8K resistance but more volume is needed for #BTC to push above the rising wedge and clear the 61.8% Fibonacci retracement from Cointelegraph.com News https://ift.tt/2svHPu6 via IFTTT

A U.S. citizen who traveled to North Korea to deliver a presentation on how to use blockchain and crypto to avoid sanctions was arrested at LAX from Cointelegraph.com News https://ift.tt/2OYoxoD via IFTTT

Bitcoin price drops – last chance to reduce tax due before the end of the year from Cointelegraph.com News https://ift.tt/2rCcSnu via IFTTT

The food industry could save up to $31 billion in food fraud savings by tracking supplies on the blockchain from Cointelegraph.com News https://ift.tt/2DthwH5 via IFTTT

It has been an exciting week for Bitcoin. Volatility is back as the price went on a rollercoaster throughout the past seven days. The cryptocurrency started the week trading at around $7,150, dropped to a low of about $6,600 only to recover get up to $7,800. However, throughout the volatile month of November, Bitcoin lost upwards of $1,500 of its value. At the same time, despite Bitcoin’s violent price action, its dominance index remained flat around 66%. This means that altcoins managed to stand their ground and didn’t lose their market share. Indeed, some of them noted substantial gains throughout the month. Perhaps the strongest performer is Tezos (XTZ) that’s up almost 50% since the beginning of November. In any case, the past week, despite the ups and downs, has been positive for the altcoin market as the majority of large-cap cryptocurrencies are marking steady gains. Unfortunately, the week had its fair share of FUD and turmoil as well. UpBit, a popular South Korean cryptocu...

The cryptocurrency space has been in a bit of turmoil over the past week or so due to a variety of reasons, and the pressure was felt by TRON (TRX) as well. On Monday, there was a massive selloff in the token, and there were concerns over whether the crypto market still believed in the project or not. However, things have now improved, and the TRX token has now managed to get back to $0.0163 per token. That being said, experts do not actually believe that the token is primed for any kind of bull run ... Read The Full Article On CryptoCurrencyNews.com Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges. All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer . from Crypto Currency News https://ift.tt/2sp6dNO via IFTTT

The US is losing China for blockchain dominance, as the number of blockchain-related patents shows from Cointelegraph.com News https://ift.tt/37Ptbhg via IFTTT

Bitcoin This week, Bitcoin saw a small correction from the previously seen bearish trend in November. The cryptocurrency managed to rise by a total of 7.67% to reach the current trading level of $7,768.  Bitcoin has a long way to recover, and for this market to be considered bullish again, we would need to see the coin break above the November highs at $9,600. If Bitcoin was to drop back beneath $7,000, we could then consider the market as bearish. Bitcoin now faces initial resistance at $7,915. Above this, resistance can be expected at $8,000, and then between $8,500 and $8,600, where lies the 100-days and 200-days EMAs. Toward the downside, support lies at $7,390 and $7,000.  Ethereum  Ethereum also witnessed a rebound this week, although the 4.28% increase is smaller than Bitcoin’s bounce. ETH found strong support at the $133.50 level, which allowed it to rebound higher to the current level of $157. Looking ahead, initial resistance lies at $165 and $180 (100-da...

The largest state in India, Uttar Pradesh, and Power Ledger have partnered to launch a P2P renewable energy trading project from Cointelegraph.com News https://ift.tt/2OuZDOv via IFTTT

Coinbase cryptocurrency exchange has denied reports that it acquired digital currency brokerage firm Tagomi for $150 million from Cointelegraph.com News https://ift.tt/33tqKh3 via IFTTT

With Block.One accounting for 9.5% of the votes toward EOS’s elections, the network’s centralization is again under scrutiny from Cointelegraph.com News https://ift.tt/2r0FEhJ via IFTTT

The monthly Bitcoin Futures Contracts of CME Group are set to expire today, as it’s the last trading Friday of the month. With the recent volatility, the volume of BTC futures contracts has also been on the rise at CME, as it hits the highest number in the last month. Meanwhile, Bitcoin has been on the rise in the past 24 hours just before the contracts are about to expire. CME Group Bitcoin Futures To Expire Today According to the contract specifications , the cash-settled Bitcoin Futures on CME are about to expire today, November 29th because it’s the last trading day of the month. Each contract contains 5 BTC and they are settled monthly. Interestingly enough, the volume of CME Bitcoin Futures contract has also been increasing throughout the past few days and it reached its monthly high on November 27th. CME Bitcoin Futures Contract Volume. Source: cmegroup.com Looking at Bitcoin’s price performance throughout this, indeed, volatile month of November, we can see that in a lot...

At least five Chinese cryptocurrency exchanges have chosen to suspend or end services in line with Beijing’s purportedly toughened stance from Cointelegraph.com News https://ift.tt/2OwybzJ via IFTTT

Bitcoin price: bulls and bears key battle looks imminent from Cointelegraph.com News https://ift.tt/2Y8yW5z via IFTTT

Canadian investment firm 3iQ filed a prospectus for its publicly-traded Bitcoin fund from Cointelegraph.com News https://ift.tt/35IvbWQ via IFTTT

Featured  The Ethereum Express project is set to launch two pilot projects for a user base exceeding 48,000. Proof-of-Authority will be used in the Ethereum Express blockchain as the main algorithm and will serve to drastically increase the efficiency of internal processes for both pilot projects. Vlad Miller, CEO of Ethereum Express, together with the team The community-driven Ethereum Express is undertaking the launch of two pilot projects after the successful completion of tests showing 1,000 transactions per block and network capacity of over 200 transactions per second (TPS), outstripping the Ethereum network’s capacity of 15 TPS. Mining Express is the first of the two pilot projects and is rated as the fifth-largest mining company on the market. The company turned to the Ethereum Express for scaling its mining capacities to accommodate the growing number of users. The Ethereum Express will be using the systems of Mining Express as a testbed for its blockchain and for co...

Looking to spend some of your hard-earned crypto this Black Friday? Cointelegraph has you covered! from Cointelegraph.com News https://ift.tt/34xEaKq via IFTTT

Sources have claimed Russia is considering the introduction of a ban on the use of crypto to pay for goods and services from Cointelegraph.com News https://ift.tt/2Oxx7fd via IFTTT

Slow return to the upside for Bitcoin as bears stay absent from Cointelegraph.com News https://ift.tt/35LziBC via IFTTT

It took just a few hours after we posted our previous Bitcoin price analysis, and Bitcoin broke out nicely the $7400 resistance, which is the neckline of the inverse head and shoulders pattern. Since then, Bitcoin quickly made a move to our next mentioned resistance level of $7700 and quickly got rejected. Over the past 40 hours, Bitcoin is trading under the tight range of $7400 to $7700. From the bullish side, after such a massive move ($6800 to $7700), a correction or consolidation was expected. So far, the correction is healthy, as confirming the $7400 as support. The bottom line is that it’s safe to say that holding up the last level, the $7400, and the direction for Bitcoin’s short-term is up. Another thing to note is the significant descending trend-line, which is marked on the following daily chart (the one that started forming as Bitcoin reached its 2019 high during June). The trend-line is slowing Bitcoin’s pace in its way North. Just a reminder, the inverse head, and shou...

A California federal court finds that U.S. tax authorities have broadly stayed within their legitimate remit when collecting user data from crypto exchanges from Cointelegraph.com News https://ift.tt/2Y08daV via IFTTT

IDAX exchange halts deposits and withdrawals after CEO vanishes from Cointelegraph.com News https://ift.tt/2L5tF9i via IFTTT

By 2020, German banks will be able to custody Bitcoin, if new proposed changes to the law are approved from Cointelegraph.com News https://ift.tt/37OYIAb via IFTTT

After days of uncertainty and rumors among the community, the Chinese exchange IDAX Global confirmed that the CEO has disappeared. As a result, withdrawal processes are still not functioning after initially being stopped earlier this week. IDAX Global CEO Disappears IDAX Global cryptocurrency exchange was the subject of a fair share of negative news over the last several months. After reportedly leaving the U.S. and Canada due to strict regulations, the company had to stop serving users in its home country as well. An announcement from a few days ago confirmed that IDAX will no longer be available for mainland Chinese users, “due to policy reasons.” Naturally, having to leave such large markets could have a severe impact on the exchange. After exiting them, a lot of users began withdrawing their funds, which were previously stored on IDAX. However, this seemed much harder than expected, and some clients had issues accessing their assets. While rumors kept circling the community wi...

Poloni DEX seeks to overhaul Tron-based trading platform from Cointelegraph.com News https://ift.tt/2pXrAVA via IFTTT

Is Ether having its own Black Friday event before a rebound to $170? from Cointelegraph.com News https://ift.tt/34zrMJG via IFTTT

The Cardano Foundation launches ADA payment gateway, allowing merchants to accept payments in ADA with settlement in 35 fiat currencies from Cointelegraph.com News https://ift.tt/35KENjT via IFTTT

Fed Chairman Jay Powell puts the agency’s economic theories on display in a recent letter to U.S. representatives asking: “What about a USD stablecoin?” from Cointelegraph.com News https://ift.tt/34vZ2l1 via IFTTT