Monthly Archives: August 2019

Bitcoin Price Stays Above $10,000 as Overall Crypto Market Sees Green

The crypto market is seeing green in general, with Bitcoin price hovering at around $10,150. Thursday, Aug. 22— Bitcoin (BTC), Ether (ETH), and XRP are all in the green. These top three coins fell from Monday to Wednesday, but are moving upwards again. Top cryptocurrencies are generally green across the board.  Market visualization. Source: Coin360 Bitcoin is trading over $10,120 at press time, representing a 0.08% price increase on the day. One analyst, a senior qualitative researcher at crypto investment fund Ikiga named Hans Hauge, believes that […]

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Coinbase WalletLink Now Lets Clients Use DApps on Desktop Browsers

Coinbase’s user-controlled cryptocurrency wallet Coinbase Wallet has enabled its clients to use decentralized apps on any desktop browser with the WalletLink service. Crypto exchange Coinbase’s user-controlled Coinbase Wallet has enabled its clients to use decentralized apps (DApps) on any desktop browser with the WalletLink service. Expanded access to DApps Per an official blog post on Aug. 22, Coinbase Wallet’s users can now use their DApps on any desktop browser through WalletLink, which serves as a bridge between customers’ Coinbase Wallet app and desktop browser.  As of press […]

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MouseBelt Launches Blockchain Initiative Across Three UC Campuses

Three universities in the University of California system to host a blockchain education initiative funded by blockchain accelerator MouseBelt. Blockchain accelerator MouseBelt has launched a blockchain education initiative at three UC universities. Blockchain education at U.S. universities In a press release shared with Cointelegraph on Aug. 22, Mousebelt announced an initiative with UC Davis, UC Los Angeles and UC Santa Barbara to support blockchain-focused education, research, and entrepreneurship. Per the release, the firm will provide an initial donation to be divided between the three campuses. Mousebelt plans […]

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7,000+ Sign Petition Against Drafted Cash Restrictions in Australia

A new petition has emerged in opposition to a bill restricting cash and digital currency transactions in Australia of over 10,000 AUD. More than 7,000 people have signed a new petition against drafted cash restrictions in Australia, different drafts of which include and exclude digital currencies from proposed limits. Earlier this week, Robert Barwick, director at the Citizens Electoral Council of Australia, initiated a petition against the proposed “Currency (Restrictions on the Use of Cash) Bill 2019” recently introduced as an explanatory draft by Australia’s parliament. The […]

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How to Create Non-Fungible Assets and Collectible Tokens With Bitcoin Cash

On August 21, James Cramer, the developer behind the Simple Ledger Protocol (SLP), announced the launch of the Electron Cash SLP version 3.5. The latest release allows people to create a new type of SLP token called NFT1, a non-fungible token that can be grouped together by a single ID. The advanced form of SLP token creation allows people to use the system to create unique assets like gaming items, collectibles, and digital media rights. Also read: Social Network Memo Adds Decentralized SLP Token Exchange How to […]

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FomoHunt Becomes First Merchant to Accept Huobi Tokens as Payment

Crypto exchange Huobi’s native Huobi Token is now usable in real-world online purchases of a wide range of products on e-commerce platform FomoHunt. Cryptocurrency exchange Huobi’s native Huobi Token (HT) is now available for making real-world online purchases of a wide range of products from the e-commerce platform FomoHunt. Per a press release shared with Cointelegraph on Aug. 22, users of HT can now purchase clothes, art, hardware and other products from the e-commerce and cryptocurrency industry news platform FomoHunt. James Lawrence, co-founder of FomoHunt, commented on […]

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Blockchain Energy Startup Power Ledger Extends P2P Power Trading Trial

Energy-focused blockchain startup Power Ledger has extended its peer-to-peer energy trading trial to the next phase in the Australian city of Fremantle. Energy-focused blockchain startup Power Ledger has extended its peer-to-peer (P2P) energy trading trial into its next phase in the Australian city of Fremantle. In a press release shared with Cointelegraph on Aug. 21, Power Ledger revealed the continuation of its p2p solar power trading trial aimed at tracking rooftop solar energy traded between households in Fremantle. The households participating in the project can set their […]

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As Coordinated Sell-Offs Strike Altcoins, How Do Exchanges Respond?

XRP’s price was under assault after a coordinated sell-off. Why are exchanges vulnerable to such manipulations, and how do they respond? Cryptocurrency liquidity has long been a thorny issue for enthusiasts and evangelists. Although they eagerly promote the ecosystem and tout blockchain’s benefits, the elephant in the room that most enthusiasts willingly ignore is the challenging liquidity conditions that impact cryptocurrency markets’ orderly flow. The enormous volatility witnessed across the cryptosphere has been a staple of the industry since Bitcoin trading began. Intraday moves exceeding 10% are not uncommon […]

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Japanese Crypto Exchange Coincheck Is Considering Launching an IEO

Hacked crypto exchange Coincheck considers launching an initial exchange offering to help firms raise funds via utility tokens. Major Japanese crypto exchange Coincheck is considering launching an initial exchange offering (IEO) platform for raising funds through utility tokens. The platform Acquired by Japanese financial services firm Monex Group in April 2018, Coincheck hinted at its plans to establish an IEO business in a recent public announcement, Cointelegraph Japan reported on Aug. 22.  According to the report, Coincheck has started investigating fundraising opportunities based on utility tokens, claiming […]

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Crypto advocate Patrick Byrne resigns as CEO of Overstock

Crypto advocate Patrick Byrne resigns as CEO of Overstock following rough year in sales. Noted crypto advocate Patrick Byrne resigns as CEO of Overstock. Per a letter of resignation and company statement posted on Twitter Aug. 22, Patrick Byrn will be stepping down as CEO of Overstock. Having led crypto-friendly ecommerce at the company, including the launch of tZero and Overstock’s acceptance of Bitcoin payment, Byrne’s announcement follows the announcement of disappointing Q1 earnings for 2019. Disclaimer: This story is breaking and will be subject to updates. […]

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