Cryptocurrency Analysis and News Portal
Gemini cryptocurrency exchange has announced the launch of its custody product dubbed Gemini Custody that will support 18 tokens letting traders transact instantly since it offers them credit.Gemini, the New York-based crypto exchange has launched an institutional-grade crypto custody solution as reported on September 10. The exchange was founded by
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The crypto mining giant Bitmain has recently announced that it’s going to expand its Antminer 17 series with two new Antminers: S17e and T17e.The new Antminers are designed to be more power-efficient and could hit a higher hash rate; the new mining hardware is also equipped with software that detects
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View Bitcoin’s drop from $10,949 to $9,855 (Wednesday low) may be a bear trap, as selling volumes have dropped throughout the price pullback. A widely-tracked 4-hour chart indicator is reporting a bullish divergence and the daily candlesticks are signaling seller
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The ICO has urged businesses to “prepare for all scenarios” as it publishes dedicated guidance to help small and medium sized organisations
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Researchers have published evidence of what they claim is a coordinated pump and dump manipulation involving the Chainlink (LINK) token — the native cryptocurrency of Japanese messaging giant LINE’s service-oriented blockchain.A blog post published on Sept. 11 by AnChain.Ai researchers contains an analysis of apparently suspicious LINK token transactions
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Facebook is in new rounds of talks focused on discussing potential backings for its digital currency Libra.It was recently reported that Facebook has informed U.S. senators that it might not consider the Chinese Yuan as a potential contender for a backing of the cryptocurrency Libra. Facebook has submitted details of
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Switzerland’s Financial Market Supervisory Authority (FINMA) has published a stablecoin-focused supplement to its existing guidelines for initial coin offerings (ICOs).In a news release published on Sept. 11, FINMA takes note of the steadily proliferating issuance of stablecoins since mid-2018, as well as confirming that the Geneva-based Libra Association had
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The popular stablecoin issuer, Tether (USDT), has announced that it plans on launching a new stablecoin, CNH₮, backed by the offshore Chinese yuan. CNH₮ will run on top of the Ethereum blockchain as an ERC-20 token.In a blog post, Tether stated that CNH₮ represents a further expansion of the organization’s
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The hot potato in the world of crypto at the moment is decentralized finance. Satoshi’s original notion of cutting out the bankers is now possible in this new world of digital assets and DeFi protocols. The industry is still embryonic but some of the bigger names in the world of
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Bitcoin price is slowly declining and recently broke the $10,000 support area against the US Dollar.The price is facing an uphill task and it might continue to struggle near $10,250 and $10,300.There is a major bearish trend line forming with resistance near $10,250 on the hourly chart of the BTC/USD
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