Archive | July 11, 2018

TokenPay Gives Litecoin Foundation 9.9% Stake in Germany’s WEG Bank

Cryptocurrency payment service TokenPay purchased a 9.9% stake in Germany’s WEG Bank, and gifted a 9.9% stake to the Litecoin Foundation to forge a partnership. In return for the stake, the Litecoin Foundation agreed to provide technology and marketing expertise for TokenPay’s blockchain initiatives including the TPAY cryptocurrency, eFin decentralized exchange, TokenSuisse asset management, WEG […]

Ripple Price Analysis: Can XRP/USD Recover Above $0.4500?

Key Highlights Ripple price is trading in a range below a key resistance at $0.4500 against the US dollar. Yesterday’s highlighted major declining channel is still active with resistance at $0.4480 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to clear the $0.4480 and $0.4500 resistances as… […]

Why This Early Uber Investo Bought Bitcoin at $1 in 2009

Jeffrey Wernick, an independent investor, explains why he started to invest in the early stages of the cryptocurrency market. Jeffery Wernick – The Anti-Centralization Investment Figure   Jeffrey Wernick is a sixty-two year old investment guru that fell in love with economics and investing at a young age, gaining interest in the industry during high school. His first… […]

Why This Early Uber Investor Bought Bitcoin at Under $1 in 2009 – newsBTC

newsBTCWhy This Early Uber Investor Bought Bitcoin at Under $1 in 2009newsBTCAccording to the interview, Wernick noted that he had started acquiring Bitcoin in 2009, and has since expanded his cryptocurrency investments into altcoins. The investor then gave three main reasons why he believes that Bitcoin is a viable investment …Uber Angel Investor Believes Bitcoin Will […]

Israeli Arrested for Attempted $50M Crypto Sale of ‘Pegasus’ Spy Software

An Israeli man was indicted by the Tel-Aviv District Court on 5 July 2018 for trying to sell top-secret spy software called Pegasus built for Israel’s government. The extremely sophisticated software gained notoriety for being able to hack into Apple iPhones. The man worked as a senior programmer for NSO Group, which gave him access to […]

eToro Executive: Crypto Correction in 2018 is a Blessing in Disguise, Bull Market Expected

The UK head of eToro has revealed how many crypto assets the social trading platform is looking to add and criticized reporting on blockchain technology by mainstream media. In an interview with NewsBTC, he said that the recent bear market has been a ‘blessing in disguise’ for crypto companies. eToro Considers Six New Coins UK… […]

Ethereum Price Analysis: ETH/USD Facing Key Hurdle

Key Highlights ETH price recovered a few points, but faced sellers near $445 against the US Dollar. Yesterday’s highlighted important bearish trend line is intact with resistance at $447 on the hourly chart of ETH/USD (data feed via Kraken). The pair may continue to struggle as long as it is below the $445 and $448… […]

Bitcoin Cash Price Analysis: BCH/USD Consolidating Above $680

Key Points Bitcoin cash price remained in a range and consolidated above the $680 support against the US Dollar. Yesterday’s highlighted key bearish trend line is intact with current resistance near $720 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair remains at a risk of more losses as long… […]

VC Firm Raises $1.8 Billion for Startup Investments Including Cryptocurrency

Lightspeed Venture Partners, a venture capital (VC) firm and early investor in Snap Inc., has raised $1.8 billion for startup investments including cryptocurrency projects. As it eyes a business expansion to Southeast Asia, where the digital currency ecosystem thrives like no other region, the VC player is likely to fund a number of promising cryptocurrency products… […]

A BCH Fueled Version of Patreon is Coming This August

Just recently a team of programmers announced the creation of a ‘Bitreon.cash,’ a platform that aims to be similar to the popular membership application, Patreon. This particular platform, however, will be censorship resistant and powered by bitcoin cash (BCH) payments. In order to fund the protocol, two developers have raised 47 BCH so far out of […]

Think carefully before buying Bitcoin – and don’t buy the ‘safe haven’ claims – The Conversation AU

The Conversation AUThink carefully before buying Bitcoin – and don’t buy the ‘safe haven’ claimsThe Conversation AUThe sharp rise and subsequent fall in Bitcoin’s value places it among the greatest market bubbles in history. It has outpaced the 17th-century tulip mania, the South Sea bubble of 1720, and the more recent Japanese asset price and […]

Bitcoin (BTC) Price Watch: Still Fighting to Stay Afloat

Bitcoin Price Key Highlights Bitcoin price is still hovering at the area of interest visible on the 4-hour time frame as buyers and sellers battle it out. A small consolidation pattern can be seen at current levels, and this could be seen as a bearish continuation signal. If any of the retracement levels hold, an… […]