Bitcoin (BTC) Surges 5% in Minutes, Rallies Past $10,500 in Flash Pump

Volatility is back. In the past hour, Bitcoin (BTC) bulls have returned in full force, pushing the cryptocurrency from $10,100 to $10,600 in a matter of minutes. As of the time of writing this, the cryptocurrency is up 5%, trading around $10,550. This unexpected move comes to the upside shortly after the mediocre weekly candle close. This move comes after the Yuan started to fall against the U.S. Dollar to 7.10, implying that there may be some correlation between a Read more …

Crypto News From Japan: Week in Review

Japan is a friendly jurisdiction for cryptocurrency trading and development, having eliminated the consumption tax on Bitcoin (BTC) trading in 2017, after which it recognized the coin as legal tender. This week in Japan, a crypto exchange that was hacked earlier this year has closed its doors, while the central bank has come out as bullish on blockchain technology. The Bank of Japan is keen on blockchain tech Japan’s central bank, the Bank of Japan, is bullish on blockchain technology Read more …

Which VR Gaming System Is Best for You? – CCN Markets

By CCN Markets: Let’s face it, VR is dank. The only significant barrier for most gamers is the cost. Cost doesn’t so much mean the $400 entry-level price tag for Oculus VR gaming, but rather the average $800-$1,000 minimum for a VR-capable gaming desktop. If you want a laptop, expect to pay substantially more. If you include such peripherals as a haptic vest and a VR treadmill, the price increases further, adding anywhere from a few hundred to a few Read more …

Bitcoin Cash Innovation Accelerates With Cashscript High-Level Language

Software developers Rosco Kalis and Gabriel Cardona have been steadily working on Cashscript, a high-level programming language for Bitcoin Cash. When the language is tied to certain opcodes, specific schemes can be built that allow for autonomous and decision-based transactions. While testing Cashscript’s capabilities, the two engineers recently deployed an oracle, forfeits, an onchain wager, and a recurring payments contract. Also read: Send Token Payouts With Ease Using Bitcoin.com’s SLP Dividend Calculator BCH Developers Are Innovating With Cashscript Bitcoin Cash Read more …

Dow Futures Plunge 350 Points After Trump’s $550 Billion Tariff Threat

By CCN Markets: A shellshocked stock market is bracing for impact on Monday as the White House and Beijing exchange rhetoric for actions amid a rapidly-escalating trade war. Dow futures point to a vicious decline when the opening bell rings tomorrow morning. Dow Futures Plummet 350 Points Futures tracking all of the US stock market’s major indices pointed to a second straight day of devastating losses. As of 6:37 pm ET on Sunday night, Dow Jones Industrial Average futures had Read more …

After Switzerland Visit, Crypto Concerns Remain for US Regulators

Following a visit to Switzerland to meet with the country’s financial regulators, United States lawmakers are still concerned over Facebook’s proposed cryptocurrency project, Libra. Meetings with multiple agencies According to an official statement from Representative Maxine Waters, members of the U.S. House of Representatives Financial Services Committee met with multiple regulatory agencies and lawmakers. These included the State Secretariat for International Financial Matters, the Federal Data Protection and Information Commissioner and the Financial Market Supervisory Authority. As announced earlier this Read more …

Bitcoin: What Could 1 BTC be Worth After Mass Adoption?

Over the years many people have speculated on what the price of 1 BTC could be if the world switched to Bitcoin. If a large amount of global wealth moves into Bitcoin, the price would skyrocket. Here are some cocktail napkin calculations performed by community members, trying to figure out how far past the moon we may go. Hal Finney: 1 Bitcoin = $10M Hal Finney was one of the first users of the Bitcoin network, actually receiving the first Read more …

Thai SEC Cautions Public Against New Crypto Scam Operating Overseas

The Thai Securities and Exchange Commission (SEC) has issued a warning to the general public regarding a fraudulent firm which is depicting itself as a legal cryptocurrency trading firms operating overseas. The Thai securities regulator has become aware of a new crypto fraud which lures investors to operate with firms outside the country. Also, the regulator has discovered several fraudulent firms which are involved in the case, one of which is the alleged fraudulent company FXTrading Corporation which is not Read more …

Symmetrical Triangle Pattern May Bolster Bitcoin Bulls

Over the past couple of days Bitcoin has found itself caught within a relatively tight trading range and has continued to find strong support around $10,000. Although some analysts have claimed that this support level is wearing thin, BTC has yet to post a decisive break below this level in recent times. Now, multiple analysts are noting that Bitcoin has been forming a bullish technical formation that may lead to significantly further gains in the near-future. Bitcoin Continues Finding Support Read more …

Brave Expands Crypto Tipping to Reddit and Vimeo After Twitter

Blockchain-based internet browser Brave has continued expanding its crypto tipping option by integrating it into Reddit and Vimeo. Reddit and Vimeo follow Twitter Announced on Twitter on Aug. 21, a new version of Brave Browser enables users to tip on ad-free video platform Vimeo and social news site Reddit, using Brave’s native Basic Attention Token (BAT). BAT tipping option on Reddit. Source: Twitter BAT is up about 4.6% over the past 7 days at press time, trading at $0.192, according Read more …

Bitcoin Unlikely to Plummet By Another 30%, Declares Analyst

As Bitcoin bulls have failed to maintain the momentum seen from April to late-June, fear has started to grip the cryptocurrency market. Related Reading: Bitcoin Price Rallies On Latest Trump Volley, Analysts Expect Further Upside Analysts are starting to suspect that BTC has further downside, despite the fact that it has already collapsed 35% from its year-to-date high of $14,000. Dave The Wave, for instance, has eyed $6,500 — which the popular analyst claims is a price point that is Read more …

“Bullish on Crypto”: An Interview with Skrill CEO Lorenzo Pellegrino

Cryptocurrencies aren’t just a niche investment category anymore. In the latter half of 2019, digital assets have managed to sit beside stocks, bonds, commodities, and other investment instruments as an important part of a holistic investment portfolio.  Interestingly, digital assets are coming out on top. A resurgent awareness of cryptocurrencies has pushed their prices back up to values not seen for nearly 18 months, and to accompany this change, major financial institutions are releasing crypto-related products to meet the growing Read more …