The operator of Binance’s upcoming U.S. crypto exchange has hired a former Ripple executive to lead the roll out of the new platform.
CoinDesk
Bisq’s Lead Developer Makes Way for DAO to Take Over
The founder of decentralized crypto exchange Bisq has stepped away from all roles and activities, allowing the exchange’s DAO (decentralized autonomous organization) to oversee its operations.
Manfred Karrer released the departure announcement on Bisq’s official site on May 16, 2019, claiming that the exchange is “entering a new phase” and that the DAO “is now the infrastructure which enables that Bisq is managed by its stakeholders and contributors.” Noting that Satoshi’s departure from involvement in Bitcoin was critical to that project’s success, Karrer stated that Bisq will now be entirely autonomous.
JPMorgan Exec Jumps Ship to Lead Crypto Startup Tradewind Markets
JPMorgan executive Michael Albanese has reportedly left the firm to become the CEO of Tradewind Markets, a fintech startup focused on digitizing precious metals with blockchain-based technologies. According to the recent announcement, Albanese will assume day-to-day leadership of Tradewind, leaving his previous post as global head of agency collateral management at JPMorgan. “Michael is a […]
SludgeFeed
Markets Update: BCH Maintains Strong Lead as Crypto Prices Record Slight Pullback
Cryptocurrency markets saw some significant gains over the last two days, but prices on Thursday have started to pull back from this year’s all-time highs. When the spikes first initiated, bitcoin cash (BCH) led the pack out of the top 10 cryptocurrencies and still maintains a lead with over 75 percent worth of gains for the week.
Also read: Bitcoin Cash Markets and Network Gather Strong Momentum in Q1
Bitcoin Price Analysis: Slow Grind Could Lead to Short Squeeze
Last Friday, we discussed a macro resistance level bitcoin would likely test. The level was tested three times prior and immediately rejected. Now, for the fourth time, we find ourselves situated above the level as we wait to see if our support holds:
Figure 1: BTC-USD, Daily Candles, Fourth Test of Macro Resistance
Eleanor of Aquitaine Can Lead England or France in Civilization 6: Gathering Storm
Gathering Storm, the second expansion for Civilization 6, is set to bring a number of new gameplay dynamics, in addition to 9 new leaders and 8 new civilizations. Phoenecia, Sweden, Mali, Hungary, Inca, Canada, the Māori, and the Ottoman Empire have all been confirmed as new civilizations. This week, Take-Two (TTWO) revealed the last new leader is Eleanor, the duchess of Aquitaine. Eleanor was unique in history as […]
SludgeFeed
Donald Trump Might Pick This Bitcoin Optimist to Lead the World Bank
When Satoshi Nakamoto created bitcoin, a message in the cryptocurrency’s Genesis block made clear that it was a direct response to banking industry mismanagement and the financial and political structures that continued to enable it. Just one decade later, US President Donald Trump might tap a cautious crypto optimist to lead the World Bank. Trump Considering El-Erian for World Bank President According to Bloomberg, Mohamed El-Erian is one of several candidates that Trump has shortlisted for the job of World Bank president. The 60-year-old El-Erian currently serves as chief economic adviser at Allianz, where his views on bitcoin have
Traders: Bitcoin Price Recovery Above $3,400 May Lead to Strong Short-Term Rebound
By CCN.com: On January 22, in a steep a sell-off, the Bitcoin price dropped from $ 3,615 to $ 3,401 by around six percent on the day. Although a continuous fall below the $ 3,400 mark could have led to an extended sell-off throughout January, traders have said that the rebound of Bitcoin from a key support level … Continued
The post Traders: Bitcoin Price Recovery Above $ 3,400 May Lead to Strong Short-Term Rebound appeared first on CCN
Bitcoin Surges 5% in Minutes: Can it Lead to Bigger Rallies This Month?
The Bitcoin price has surged by six percent on the day to $ 4,070, breaking out of the $ 4,000 mark comfortably for the first time since Christmas Eve. Bitcoin’s strength does not convince many traders of a big short-term bull rally. Could Bitcoin Engage in Bigger Rallies in January? With a 20 percent increase in its
The post Bitcoin Surges 5% in Minutes: Can it Lead to Bigger Rallies This Month? appeared first on CCN
Investor: Bitcoin is Undervalued, Individuals Building on it Will Lead to Recovery
Over the last 48 hours, following a large loss on Christmas, the Bitcoin price has recovered back to around $ 4,000. The dominant cryptocurrency, which still holds a market valuation of over $ 64 billion, has demonstrated wild volatility in a wide price range from $ 3,100 to $ 4,300 throughout December, struggling to recover to November levels. Last
The post Investor: Bitcoin is Undervalued, Individuals Building on it Will Lead to Recovery appeared first on CCN
PwC FinTech Lead Shares Positive Outlook for Crypto Market in 2019
It’s Christmas and the year is drawing to a close. It’s that time of the year where traders take stock of their investments and prepare for the future. Oddly enough, 2018 seems to be ending on the same note as it started—with mixed feelings. However, while views on the average performance of the crypto market this
The post PwC FinTech Lead Shares Positive Outlook for Crypto Market in 2019 appeared first on CCN
Ethereum (ETH) and NEO Lead the Crypto Market Higher
The cryptocurrency market rally gained addition momentum on Sunday as major altcoins continue to test 1-month highs. The latest surge has been led by Ethereum (ETH) and NEO (NEO), which are currently up 16.3% and 18% in the last 24 hours, respectively. This move indicates that investors are becoming risk-on to close out 2018, with smart […]
SludgeFeed
BitGo Brings Banker Out of Retirement to Lead Institutional Crypto Custody
Ex-Banker Dick Corcoran will oversee billions of dollars in value as CEO of the recently formed BitGo Trust Company.
CoinDesk
Sector pacesetters lead dialogue on digital currency compliance standards
Elastos, the decentralized infrastructure for secure internet-based transactions, hosted a meeting of blockchain and digital currency space leaders to talk about the future of regulations, compliance and best practices throughout the sector ecosystem. Representatives of exchanges, including HBUS and…
The post Sector pacesetters lead dialogue on digital currency compliance standards appeared first on CoinReport.
Bitcoin Price Analysis: Wait and See Where Recent Signs of Strength Lead
This week realized a big gain as bitcoin enjoyed a 25% rally from its local bottom before topping out around $ 4,400. Support currently appears to be established in the mid-$ 3,000s as the market remains indecisive over its next move:
Figure 1: BTC-USD, Daily Candles, Current Support Level
Figure 1 shows the relevance of the current support level as it represents a previous support level that was never properly retested during last year’s parabolic bull market. At the moment, we are currently seeing some resistance around the macro, 78% Fibonacci retracement of the parabolic run-up. To date, bitcoin has realized a whopping 82% devaluation from its all-time high to the current low in the mid $ 3,500s.
Craig Wright’s Bitcoin Cash Fork Can Hit $1 Million: Reddit’s Fmr. Crypto Lead
According to former Reddit crypto lead-turned-entrepreneur Ryan X. Charles, there are only a couple options for the future of Bitcoin, specifically Bitcoin Cash-spinoff Bitcoin SV — it goes to astronomical highs, or it goes to zero. To illustrate his point, published the following tweet on Friday. It seems he has decided that of the two networks that
The post Craig Wright’s Bitcoin Cash Fork Can Hit $ 1 Million: Reddit’s Fmr. Crypto Lead appeared first on CCN
Markets Update: Dump Drives Record BTC Volume on Binance, XRP Extends Lead Over ETH
Cryptocurrency markets have continued to see significant losses, with BCH, BTC, and ETH posting new lows for 2018. Despite also losing fiat value, XRP’s gains when priced in BTC have extended its dominance over ETH.
Also Read: ETH Mining Not Profitable, Miner Heats Home With ASIC Rigs
BCH Posts All-Time Lows
BCH has continued to produce bearish momentum, dropping to record lows against both fiat and cryptocurrency pairings. When measuring against the dollar, BCH has spent the majority of today, Nov. 21, bouncing between the record low area of $ 230 and local resistance at roughly $ 270. BCH has lost approximately 60% of its dollar value in the last fortnight in the wake of its contentious hard fork. As of this writing, BCH is trading for roughly $ 247 on Bitstamp.
$20 Trillion US Debt Will Inevitably Lead to Big Crypto Boom: Prominent Investors
ShapeShift CEO Erik Voorhees has said that the growing debt of the US, which hovers at around $ 21.7 trillion as of November, will inevitably cause a big spike in crypto. “When the next global financial crisis occurs, and the world realizes organizations with $ 20 trillion in debt can’t possibly ever pay it back and thus
The post $ 20 Trillion US Debt Will Inevitably Lead to Big Crypto Boom: Prominent Investors appeared first on CCN
Will EtherDelta Charges Lead to the Demise of Decentralized Crypto Exchanges?
The US Securities and Exchange Commission (SEC) has charged Zachary Coburn, a co-founder of decentralized crypto exchange EtherDelta, for operating an unregistered national securities exchange. SEC Charges EtherDelta Founder With Operating an Unregistered Exchange https://t.co/KYRBmn2UHw — SEC_News (@SEC_News) November 8, 2018 In its official statement, the SEC also emphasized that EtherDelta illicitly distributed unregistered securities
The post Will EtherDelta Charges Lead to the Demise of Decentralized Crypto Exchanges? appeared first on CCN
Michael Bloomberg Releases Election Ad: “Republicans Have Failed to Lead”
Michael Bloomberg, the former mayor of New York City and CEO of Bloomberg L.P., has come out in support of the Democratic Party leading up to Tuesday’s midterm elections in a commercial released on Sunday night. On Election Day, we must tell Republicans in Washington that they have failed to lead, failed to find solutions and […]
SludgeFeed