Is Venezuela’s Bitcoin Stash Really So Bullish for BTC?.

Earlier today, news broke that the central bank of Venezula is in tests to see whether it would be advantageous for the institution to hold cryptocurrency reserves. The nation’s state-run oil company is also apparently attempting to send Bitcoin (BTC) and Ether (ETH) to pay suppliers via the central bank. origin »

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Binance to Launch Staking Service for Suite of Cryptocurrencies.

Binance has formally announced they will launch a staking service for networks such as NEO, Ontology, Stellar Lumens, and Komodo, September 26, 2019. Staking has been gaining an increasing amount of attention of late as more and more network look at Proof of Stake (PoS) as a replacement for consensus through the energy-intensive Proof ofRead MoreRead More. origin »

Ripple executive commends U.K FCA’s digital asset guidelines; calls for update of ‘outdated laws and rules’.

“The current [regulatory] frameworks have muddied the water,” claims the one of the world’s leading blockchain player, Ripple. While the Brad Garlinghouse-led firm believes that policymakers have made commendable efforts in the digital assets and blockchain space, there is a lack of understanding in terms of the fact that there is a need for ‘a […] The post Ripple executive commends U. origin »

Bitcoin Price (BTC) Weekly Target of $7.5K Still In Sight.

Bitcoin price extended its decline and broke the key $8,000 support area against the US Dollar. The price is likely to test the main weekly bearish target of $7,500 in the coming sessions. There was a bearish break below a contracting triangle with support near $8,350 on the hourly chart of the BTC/USD pair (data. origin »

Ethereum (ETH) Price Showing Signs of Further Weakness.

ETH price failed to surpass the $172-$175 resistance and declined again against the US Dollar. The price retested the $152 support area and it is currently correcting higher. There is a new connecting bearish trend line forming with resistance near $168 on the hourly chart of ETH/USD (data feed via Kraken). origin »

Protests Led RBI to Raise Bank’s Withdrawal Limit.

Heavy protests by bank customers have led the Reserve Bank of India to modify its restrictions placed on a cooperative bank with 137 branches across India. The central bank had, among others, limited customer withdrawals to 1,000 rupees (approximately $14) per account for six months. origin »

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Daily Bitcoin Price Doesn’t Matter, Says Mark Yusko.

Morgan Creek Capital Management CEO Mark Yusko says the daily volatility in the bitcoin price shouldn’t matter to investors with long-term views. Short-term Bitcoin Price Action is Irrelevant Speaking to CNBC on Thursday (September 26, 2019), Yusko touched on the current bitcoin price decline, saying: The daily price of bitcoin doesn’t matter. origin »

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As Altcoins Plunge Lower, Crypto Winter Threatens To Return.

This week’s big bitcoin dump has been largely anticipated by traders and analysts. The ominous looking technical triangle played out how they expected and BTC plunged 20%. The altcoin situation however is worsening as crypto winter threatens to return for many of them, this will not make pleasant reading. origin »

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How to think about the future of digital currency.

It’s a common trope that cryptocurrency, digital currency, or digital assets are “disrupting the financial industry” and will usher in a new future of financial inclusion. That’s all well and good, but how can we imagine this future? If you’re interested in tackling questions like this, join us next month at Hard Fork Summit, TNW’s dedicated blockchain and cryptocurrency event. origin »

No, a Facebook Libra Delay Would Not Cause a Crypto Crash.

The world’s largest social media company has faced nothing but criticism since it announced grand plans to dominate global finance markets with its own crypto coin. Red flags were raised by governments and central banks across the planet over the threat that Libra proposes to their own sovereignty. origin »

Top 5 Reasons Why Bitcoin Is Maturing.

Bitcoin has been in the spotlight this week largely due to two unfavorable developments. The first one is the underwhelming Bakkt launch that failed to impress the cryptocurrency community. Second, the largest cryptocurrency finally broke down from a descending triangle after months of consolidation, prompting calls for a bearish dump to $4,000 or even lower. origin »

Twitch User Goes Viral Without Racist Slur or NSFW Wardrobe Malfunction.

Twitch streamer MrsRuvi went viral this week, and in a refreshingly wholesome change to most viral Twitch clips, it's not because she's a racist or had an NSFW wardrobe malfunction on camera. The streamer, who is known for her Food and Drink streams in which she shows her viewers what she's making in the kitchen, […] The post Twitch User Goes Viral Without Racist Slur or NSFW Wardrobe Malfunction appeared first on CCN.com origin »

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