BitMEX’s Hayes: Bitfinex’s LEO Sale Sign Of Returning Bitcoin Bull Market

Weeks ago, Bitcoin exchange giant Bitfinex raised $1 billion worth of capital, purportedly denoted in Tether’s USDT, in an in-house initial exchange offering (IEO). The token being sold was Bitfinex’s own, LEO, and became a popular investment opportunity for whales and other industry insiders. Since the raise finished, news on the subject matter has quieted. Yet, one industry executive recently came out to say that the success of the raise is of more importance that we may realize. Related Reading: Read more …

Stock Market Faces Critical Test Amid China Tensions & Data Deluge

By CCN: The next week could be a bumpy one for the stock market, as domestic wildcards and red-hot trade war tensions threaten to smack the S&P 500 and Dow Jones Industrial Average lower. China Bogeyman Haunts Stock Market The S&P 500 enters the holiday-shortened trading week at 2,826.06, while the Dow checks in at 25,585.69. Both indices have dropped more than 3.5 percent over the past month. Chinese trade tensions have knocked both the Dow and the S&P 500 Read more …

Hillary Clinton Lied When She Called Drunk Pelosi ‘Sexist Trash’

By CCN: Hillary Clinton slammed President Donald Trump and his “cronies” over the infamous drunk Nancy Pelosi video, calling it “sexist trash.” Clinton even suggested the incumbent president’s decision to tweet the Pelosi video is evidence that he is “running scared.” Let’s not mince words: She lied. The Bizarre Logic Behind Hillary Clinton’s ‘Drunk Pelosi’ Attack Clinton tweeted a section of her speech from a Harris County Democratic rally on Saturday. In the clip, Hillary said the Pelosi video was Read more …

Swisscom TV Set to Begin Deployment of Tokenised Artwork

Swisscom, a primary telecommunications company based in Switzerland has recently revealed its intention to launch the distribution of artwork that had tokens attached via its Swisscom TV television network. The artworks which were initially 100 and were created by specific artists are now available in the Swisscom TV box through the NOOW app which was designed by Dloop, a Swiss tokenisation company. Swisscom and NOOW app The NOOW app allows users to choose pieces and then purchase certified copies which Read more …

Bitcoin An ‘Extremely Orderly Market’ – Bitwise Urges SEC to Approve ETF

According to new research from Bitwise, the public (and SEC) perceptions are wrong, and the real Bitcoin market is a poster-boy of order and efficiency. Bitwise Asset Management certainly doesn’t sit around feeling sorry for itself when the SEC delays ruling on its Bitcoin-ETF… again. Just a week after the latest postponement, Bitwise submitted a 104-page white-paper on the true state of the market. Fortunately, Bitcoinist read the whole thing and picked out the important bits so you don’t have to. Market Read more …

Buysellhodl Aggregates Price Predictions From Traders Like You

Any transitional period is characterized with uncertainty and crypto investors would appreciate to have some clues as to where the markets are going from here. Often the expectations of other traders are the best indicator. Buysellhodl is a platform that can give you predictions based on the opinions of people like you. Also read: Determine Which Coins Can Bring You Profit With RSI Hunter App Ranks Cryptocurrencies Based on User Sentiment Buysellhodl has developed a free mobile app for both Read more …

Buysellhodl Aggregates Price Predictions From Traders Like You

Any transitional period is characterized with uncertainty and crypto investors would appreciate to have some clues as to where the markets are going from here. Often the expectations of other traders are the best indicator. Buysellhodl is a platform that can give you predictions based on the opinions of people like you. Also read: Determine Which Coins Can Bring You Profit With RSI Hunter App Ranks Cryptocurrencies Based on User Sentiment Buysellhodl has developed a free mobile app for both Read more …

Bitcoin Dips Below $8K Again as Top Altcoins See Mild Losses

Sunday, May 26 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) falls under the $8,000 mark again. Market visualization courtesy of Coin360 Bitcoin is down less than one percent on the day, trading at $7,990 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin has seen almost no net change, up about a fraction of a percent. Bitcoin 7-day price chart. Source: CoinMarketCap Ether (ETH) Read more …

Bitcoin Speed Vs. Altcoins a ‘Red Herring,’ Says Charlie Shrem

Bitcoin entrepreneur Charlie Shrem says that comparing Bitcoin to other altcoins and ‘faux cryptos’ in terms of speed is a ‘red herring’ argument. Instead, Bitcoin’s main selling points are decentralization and censorship resistance.  Only Bitcoin is a ‘Censorship-Resistant Value Network’ Bitcoin pioneer, Charlie Shrem, says that comparing transaction speed between Bitcoin and other ‘faux’ cryptocurrencies is a non-starter. “Transaction speeds” when debating bitcoin vs other faux-crypto’s is red herring argument,” said Shrem. Why? Because the speed of payments was never a Read more …

Fund Manager Discusses Three Factors that Will Trigger Next Bitcoin Rally

The bitcoin price has slipped by almost 5.5 percent from its yearly high at $8,388 and could be in for a massive downside correction. But that has not deterred a prominent fund manager from projecting a bullish case for the world’s largest cryptocurrency. Brian Kelly, the founder of BKCM, LLC, a New York-based digital currency investment firm, said in an interview that bitcoin is ready for another breakout action owing to three three core fundamentals: institutional adoption, retail anticipation, and supply Read more …

BCH May Have Sustained $1.3 Million+ Double Spend: BitMex Research

Following its hard fork on May 15, bitcoin cash (BCH) appears to have experienced a two-block chain reorganization resulting in a 3,392 BCH (about $1.35 million at press time) double spend. The claim was made in a report released by the research arm of cryptocurrency derivatives exchange BitMex on May 24. Per the report, the recent BCH hard fork experienced three interrelated issues. Firstly, an apparent bug evidently exploited by an attacker right after the hard fork. The attacker was Read more …

Insane UN Study Claims Siri & Alexa Need a #MeToo Moment

By CCN: In what only be described as political correctness gone insane, the United Nations issued a ridiculous report that claims Siri and Alexa are victims of sexual harassment and should launch their own #MeToo crusade. Alexa #MeToo Report Is PC Culture Gone Mad The 145-page report, issued by The United Nations Educational, Scientific and Cultural Organization (UNESCO), said in part: “Siri’s ‘female’ obsequiousness – and the servility expressed by so many other digital assistants projected as young women – Read more …