Zwift, an online cycling virtual reality gaming platform, recently closed a $ 120 million fundraising round as it gears to launch its own esports cycling league and propel e-racing into the Olympics. According to a recent report in Bicycling, the company claims to have at least 1 million people currently signed up for its service, which offers both […]
SludgeFeed
Binance Coin Price (BNB) Rallies 20% on Crypto Adoption Push
The Binance Coin token (BNB), which currently entitles users to a 25% discount on exchange fees, has seen some serious trading activity over the past 24 hours, running it up by about 20% to over $ 6.00 before a slight pullback to $ 5.85. There are a number of factors that could be at play. Increased trading
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Binance’s Mobile Apps Now Have Push Notifications
Leading cryptocurrency exchange Binance has continued its push to improve the user interface of its mobile apps, and announced today that it would be adding push notification functionality. Binance mobile apps nows have notifications. Download the latest version if you haven't already. We will be testing it during this next upgrade. Now you don't have to follow my boring tweets if […]
SludgeFeed
Electroneum Price Moves up Courtesy of Sistemkoin and eCommerce Push
A lot of cryptocurrencies are slowly digging themselves out of a hole right now. While the top 20 currencies are doing so in anything but spectacular fashion, a lot of interesting things are happening beyond the top 20. Electroneum is looking for ways to recover some losses and return to the $ 0.02 level in the near future.
Unwriter Launches ‘Bitsocket’ — A Push API for the Bitcoin Cash Network
After a slew of new applications released over the last six months, on Oct. 24 the software developer Unwriter published another platform for the BCH ecosystem called Bitsocket; a real-time application program interface (API) for Bitcoin Cash. Essentially Bitsocket compliments Unwriter’s Bitdb ‘pull’ based API with a ‘push’ based infrastructure for transactions on the Bitcoin Cash network.
Also read: SEC Suspends Trading in Company Over False Cryptocurrency-Related Claims
Litecoin Price Seems Poised for a Push to $55 Over the Weekend
As all top cryptocurrencies are moving upward once again due to some recent developments, all eyes are turning to Litecoin right now. Not necessarily because there is a relatively new development affecting LTC, but mainly because it can usually generate some positive momentum with little effort. A push to $ 55 is not out of the question by any means.
Litecoin Price Momentum is Picking Up
Not much has happened in the Litecoin price department over the past month. That is not entirely surprising, as all top cryptocurrencies have seen a steady decline and plenty of sideways trading momentum. Litecoin is no exception in this regard, although a small nudge in the right direction can make a world of difference moving forward.
Bitcoin Bulls Must Push Price Past $6.8K to Win Control
Bitcoin’s price needs to pass last week’s high of $ 6,810 to revive the prospects of a rally.
CoinDesk
UK Money Management App Emma Makes Crypto Push
Millennial-focused money management startup Emma Technologies is expanding into crypto. The startup is behind the Emma app for iOS and Android, which is an artificial intelligence-fueled tool that until now has only supported financial institutions like HSBC, Bank of Scotland, Barclays and others, helping users to avoid overdraft fees, manage debt and save money. Now
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Electroneum Price Notes Steep Drop Despite eCommerce Push
Whereas most cryptocurrencies are starting to see some upward momentum, things are very different for Electroneum. While that is not entirely abnormal, the steep losses are piling up fairly quickly. It seems unlikely ETN will remain above $ 0.0205 for much longer, although altcoins have a tendency to move in mysterious ways.
Electroneum Price Faces a big Setback
When the altcoins are rising, one would often expect to see Electroneum on that list. In this particular case, that is not what is happening, even though there is still a chance the momentum turns around. This massive dip was not entirely expected, yet it seems ETN is not catching a break in either the USD or BTC department right now.
Officials Push Ahead Despite Concerns With West Virginia’s Blockchain Voting Experiment
West Virginia is gearing up to deploy a blockchain-based voting application for elections in November. The idea is being met with growing amounts of criticism from security experts and election specialists, but those spearheading the initiative are moving forward.
Earlier this year, Bitcoinist reported on West Virginia’s ambitious plans to bring blockchain to voting. In late March, state officials announced an initiative with a Boston-based technology startup, Voatz, that would allow those who fall under the Uniformed and Overseas Citizens Absentee Voting Act cast their ballots thanks to blockchain.
Blockchain, IoT, and AI Push Global Semiconductor Sector Sales to Over $40 Billion
Industries focusing on the Bitcoin’s blockchain technology, the Internet of Things (IoT), and artificial intelligence (AI) are fueling the semiconductor industry to the “highest ever monthly sales.” However, the US-China trade war is now instigating fear and volatility in the semiconductor industry.
Semiconductor Industry Becoming the Fastest-Growing Industry in the Tech Sector
Data compiled by World Semiconductor Trade Statistics (WSTS) shows that global sales of semiconductors were $ 40.1 billion in August 2018, representing an increase of 14.9 percent compared with the August 2017 total of $ 34.9 billion. As a result, the Semiconductor Industry Association (SIA) reports that worldwide sales in August 2018 were 1.7 percent higher than the July 2018 total of $ 39.49 billion.
EU Watchdog Will Evaluate ‘Every’ ICO for Potential Regulatory Push
The European Securities and Markets Authority (ESMA) is assessing every single ICO operating within its jurisdiction, Reuters reported on Oct. 8. ESMA chair Steven Maijoor — who warned crypto investors in Jan. 2018 that they could potentially lose all of their funds by investing in initial coin offerings (ICOs) — said that he had been observing the current regulations
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$2.5 Million: Binance Invests in Aussie Crypto Payments Startup to Push Adoption
Australian cryptocurrency payments startup Travelbybit has seen a cash injection of $ 2.5 million from a high-profile investor in Binance, the world’s largest cryptocurrency exchange. Crypto unicorn Binance is investing AUD $ 3.48 million (approx. USD$ 2.5 million) in TravelbyBit to further expansion of the latter’s network of cryptocurrency payment terminals following a successful implementation in Brisbane earlier
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XRP Price: Push to $0.55 Intensifies as Sbi’s Major Plans Become Apparent
Whenever things get rough in the cryptocurrency world, XRP tends to thrive. This is a very interesting turn of events, especially because this digital asset has gained a lot of value just last week. This week is shaping up to yield similar results, as a new 15% uptrend has materialized over the past few hours.
XRP Price Uptrend Grows More Firm
The past week has been very interesting for the XRP market. After a week of solid gains, it seems this week will yield very similar results moving forward. Another strong uptrend has formed over the past 24 hours, pushing the XRP price up by another 15% in the process. This latest push also negates most of the losses sustained over the past weekend and yesterday morning.
Coinbase’s New NYC Office to Hire 100 in Wall Street Crypto Push
Crypto industry unicorn Coinbase has aggressive growth plans for its newly opened New York office, which caters to institutional clients.
CoinDesk
Malta’s Push to Become a Global ‘Blockchain Island’ Seems to Be Working
Prime Minister Joseph Muscat classified Malta’s efforts to become a crypto and blockchain-friendly jurisdiction as a “calculated risk.” So far, work by authorities to turn Malta into a world leader for both industries looks to be paying off.
A variety of nations across the world have spent time investigating how they can control and manage the spread of blockchain and cryptocurrency.
Malta has been moving in an encouraging direction for a while now.
A number of prominent exchanges, namely OKEx and Binance, have moved to the tiny Mediterranean nation. The Maltese Parliament was hard at work over the summer approving legislation concerning crypto and blockchain.
Monero Price: New Developments Push Value Above $138 Again
All cryptocurrencies are on the verge of noting some interesting gains over the next hours and days. The Bitcoin momentum remains firmly in place, yet it is the Monero price which is getting everyone’s attention as of right now. A very strong increase has pushed its value above $ 138 again, particularly when looking at some of the recent ecosystem developments.
IOTA Price: Steep Declines Push Value Below $0.7 Again
As was to be expected after a few days of positive price momentum, the cryptocurrencies are in a battle for survival once again. Despite Bitcoin holding its own relatively well, the IOTA price is going off the deep end at an alarming pace. It is the only currency in the entire top 15 to note double-digit percentile losses at this time.
Dash Price Rises 20% on Venezuelan Adoption Push
Dash (DASH) is currently experiencing a strong price surge, rising about 20 percent in the space of 24 hours as news coming out of Venezuela indicates that it is experiencing a solid increase in adoption by users fleeing the bolivar’s six-figure inflation rate. Hyperinflation, Petro, and Dash CCN reported recently that Venezuelan president Nicholas Maduro
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Litecoin Price: Major Gains Push Value Above $60 Again
Today may prove to be a very interesting day for the cryptocurrency industry as a whole. A lot of currencies are in the green again, even though the overall momentum remains very brittle. The Litecoin price is going through a very positive spell right now, as its value has successfully surpassed $ 60.5 once again.
Litecoin Price Turns Bullish
It is rather unexpected to see the Litecoin price go up in such spectacular fashion over the past 24 hours. Although this is an altcoin which heavily relies on Bitcoin’s momentum – just like any other altcoin – it is still an interesting trend worth keeping an eye on today. If this momentum remains in place for more than a few hours, the markets will undergo some big changes.