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Local BCH Venue Opens and Community Goal Nears in the Weekly Update From Bitcoin.com

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A new local bitcoin cash venue opens for trading worldwide and the community is nearing a funding goal milestone for BCH developers. Watch these and other developments discussed in this week’s video update on Bitcoin.com’s Youtube channel.

Also Read: Why Bitpay Is Really Charging More for BTC Transactions

Local BCH Venue Opens as Localbitcoins Removes In-Person Cash Trades

This week’s show discuses the successful opening of Local.Bitcoin.com, a privacy-focused peer to peer global marketplace for trading bitcoin cash (BCH). Over 11,000 people have signed up to the service and already created more than 3,000 offers since the platform’s official June 4 launch date. The launch couldn’t come at a better time for many cryptocurrency traders who prefer to transact in-person for cash as Localbitcoins just removed that option a few days ago.  Read more...

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Pantera Capital’s Third Blockchain Venture Fund Nears $175 Million Goal

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Crypto investment firm Pantera Capital is reportedly close to securing the full $ 175 million it set out to raise for its third venture fund. NOW AVAILABLE: Our March #Blockchain Letter, Block Reward Halving and Venture Fund III Closinghttps://t.co/vUjXVOMYHv pic.twitter.com/F1XMqpzHOx — Pantera Capital (@PanteraCapital) March 26, 2019 According to a recently published letter, Pantera has raised a […]
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‘Final Testing’ Phase: Fidelity Nears Launch of Cryptocurrency Trading & Custody Platform

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Much excitement has been building since the large American financial services firm Fidelity Investments first announced back in October that they were building a cryptocurrency trading and custody platform. They are now almost ready to launch their Fidelity Digital Assets Exchange. Fidelity Investments is an investment management company that was established back in 1945 as a mutual fund company. Over the years, they have become synonymous with providing a vast plethora of financial services in regards to wealth management and fund distribution, alongside offering solid investment advice. They are now getting closer to diversifying into the digital assets industry. Fidelity Digital  Read more...

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Cashshuffle Developer Says Privacy Project Nears Completion

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Cashshuffle Developer Says Privacy Project Nears Completion

One of the Cashshuffle development team contributors, Josh Ellithorpe, revealed on Jan. 14 that the BCH-focused privacy shuffling protocol is near completion. The developers are planning to run a security audit on the code and have launched a fundraiser on the Bitbacker.io platform to help secure funding for the audit.

Also read: Crypto Luminary Impersonation Scammers on Social Media Raked in Millions in 2018  Read more...

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$120 Million Raised by Waves Platform as Launch of Private Blockchain Nears

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Blockchain network Waves Platform has raised US$ 120 million in a funding round allowing it to roll out Vostok, a private blockchain platform and system integrator that was developed with public institutions and large enterprises in mind. The fundraising round was led by Dolfin, a financial services group based in London, and mostly involved private investors,

The post $ 120 Million Raised by Waves Platform as Launch of Private Blockchain Nears appeared first on CCN

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Bitcoin Surges 18% in 3 Days as it Nears $3,800: What’s Next For the Market?

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Since December 17, within less than three days, the Bitcoin price has surged from $ 3,181 to $ 3,776 against the U.S. dollar, by more than 18 percent. On cryptocurrency-to-fiat exchanges like Coinbase and Bitstamp, Bitcoin (BTC) has slightly corrected to $ 3,700 but the breakout of the dominant cryptocurrency above the $ 3,700 mark has led analysts to

The post Bitcoin Surges 18% in 3 Days as it Nears $ 3,800: What’s Next For the Market? appeared first on CCN

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TikTok Surges in Popularity as it Nears 80 Million US Downloads

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TikTok, a new app that allows users to create and post short videos set to music, has become a smash hit in the United States as it rapidly approaches 80 million downloads. According to research firm Sensor Tower, TikTok had more than 6 million global downloads in October alone, propelling the app to the top […]
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Regulation for Legitimacy: South Korea Nears ICO Legalization

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Min Byung-Doo, a member of the country’s governing Democratic party and the chairman of Korea’s National Policy Committee, has strongly encouraged the government to legalize initial coin offering (ICO) and impose better crypto-related regulatory frameworks to legitimize the local market. “Regulation is not bad. Regulation is necessary, it is the only way to legitimize the

The post Regulation for Legitimacy: South Korea Nears ICO Legalization appeared first on CCN

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Bitcoin Price Nears $6,800 Resistance as Crypto Market Records Large Gains

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Over the past few hours, Bitcoin has recorded a slight 1 percent increase in price, nearing the $ 6,800 resistance level. The rest of the crypto market recorded large gains across the board as Electroneum and Stellar led the market with 70 percent and 20 percent gains respectively. As CCN reported on September 22, billionaire investor

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XRP Price: Bullrun Continues as Market Cap Nears Ethereum’s Valuation

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NullTX XRP Price Uptrend

The current XRP price momentum is a lot more bullish than anyone could have predicted. After a strong day of gains yesterday, the upward momentum seemingly continues without missing a beat. In fact, a 42% increase in 24 hours is very uncommon, as it is pushing the XRP market cap closer to Ethereum’s as of right now.  Read more...

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SBI Nears Launch Ripple Blockchain Payments App ‘MoneyTap’ in Japan

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Japanese financial services group SBI Holdings will launch its consumer payments application MoneyTap, on both Android and iOS, using Ripple’s blockchain technology. SBI Ripple Asia, a joint venture established by SBI Holdings and San Francisco-based FinTech giant Ripple in early 2016, will soon launch ‘MoneyTap’, CEO Takashi Okita revealed on his own Twitter handle. MoneyTap

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Tezos Price Nears 12% Spike on a Bearish Day for Crypto Markets

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Tezos on Tuesday appreciated 12 percent against the US Dollar, recovering from the long bearish correction from September 10. XTZ/USD opened today while trading at 1.270-fiat on Gate.io exchange. The pair continued its corrective phase in the early Asian trading hours and formed lower lows towards 1.256. As the session matured, bulls and bears were

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Bitmain Nears 51% of Network Hash Rate: Why This Matters and Why It Doesn’t

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Recent Bitcoin block data shows that Bitcoin’s mining pools BTC.com, AntPool and ConnectBTC, respectively mined about 25.7 percent, 16.1 percent and 0.2 percent of all new blocks over the past week. This makes for a combined hash rate of 42 percent; an all-time high for the Chinese mining giant’s mining pools.

Several media sources have since covered this news, reporting that this near-dominance is a major risk to the Bitcoin network.

How true are these claims?  Read more...

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Lightning Network Crosses 100 Nodes, SegWit Nears 20% Dominance

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The Lightning Network (LN) mainnet has almost doubled its node count and capacity in days as Bitcoin users rapidly switch on to its benefits.

Lightning: Core Enthusiasm Yet To Become Ubiquitous

Data from monitoring site #recksplorer shows 107 active nodes, 237 channels and a total Bitcoin load worth just over $ 19,000 – marking considerable growth since Bitcoinist last reported the statistics late last week.

Despite reservations from some well-known Bitcoin industry figures such as Bitcoin.org creator Cobra, Lightning is rapidly gaining prominence and support among users keen to avoid fees and confirmation delays when sending coins.  Read more...

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