The popular wallet service Electrum is soon to add official support for bitcoin’s lightning network, its founder has told CoinDesk.
CoinDesk
Why Ethereum’s Privacy Matters and What’s Being Built to Support It
With the goal of boosting adoption, these four projects are building tools that advance privacy on ethereum.
CoinDesk
KuCoin Lists Binance Coin (BNB), Announces Support for Binance Chain Projects
Singapore-based crypto exchange KuCoin made a major move this morning, announcing the listing of Binance Coin (BNB), in addition to the projects being developed on the Binance Chain. Binance Coin (BNB) is now on KuCoin. Supported trading pairs include BNB/BTC and BNB/USDT. Deposits will open at 16:00 on June 19, 2019 (UTC+8), trading will start […]
SludgeFeed
Bitcoin Cash Development Fund Receives Massive Support
The Bitcoin Cash community has greatly advanced its efforts to support the sustainability of the cryptocurrency with a fundraiser whose contributions are donated to developers. The campaign has already reached the 95% milestone out of an initial goal of raising 800 BCH for the development fund by Aug. 1, 2019.
Also Read: Crypto Cards in Weekly Video Update From Bitcoin.com
Markets Update: Crypto Prices Sink Lower Finding New Support Levels
On June 9, digital currency markets have been meandering along in a consolidated manner after the slight downturn this afternoon. At the moment, the entire cryptocurrency market is around $ 243 billion, but global trade volume has dropped from $ 80 billion on June 5 to $ 56 billion this weekend.
Also read: Bitcoin.com’s Local Bitcoin Cash Marketplace Is Now Open for Trading
Coinbase Adds Support for EOS Cryptocurrency on Retail Site and Apps
Coinbase has added support for the EOS cryptocurrency for customers on Coinbase.com and its Android and iOS apps.
CoinDesk
BlockFi Adds Gemini Dollar Stablecoin Support
Crypto lender BlockFi is rolling out support for the gemini dollar (GUSD) stablecoin, claiming an expected initial annual percentage yield (APY) of 6.2 percent for non-U.S. customers.
Founded in late 2017, BlockFi is a U.S.-based startup company that issues loans backed by various cryptocurrencies to its users. This practice allows users to generate cash flow without having to permanently sell off particular cryptocurrencies. With the service, investors collateralize the loans with their cryptocurrency holdings and earn interest on these loans.
BlockFi’s recent integration of GUSD is an extension of its already working relationship with Gemini’s services.
Bitcoin Price Analysis: Bitcoin Could See Continued Growth if Support Holds
Summary:
- Bitcoin is currently perched between a well-defined band of prices outlined on both the weekly and monthly timeframes.
- As we float between the weekly/monthly horizontals, volume is beginning to diminish on both the supply and the demand sides. However, what little supply has surfaced has appeared to be absorbed. If we can maintain support on our weekly $ 8,200 level, we can expect to see the market push to test the upper boundaries of the resistance in the $ 9,200 to $ 9,500 range.
Wallet and Card App Crypto.com Adds Bitcoin Cash Support
Prepaid, debit and credit cards backed by digital assets are a great way to spend your coins, given that it will take time for retailers to transition to accepting direct cryptocurrency payments. One such card, offered by Crypto.com, has just opened up to bitcoin cash users.
Also Read: How to Easily Convert Funds From BTC to BCH
Crypto.com Adds Bitcoin Cash Support
Hong Kong headquartered payments and cryptocurrency platform Crypto.com announced on Wednesday May 29 that it has added support for bitcoin cash (BCH) to its wallet and card app. This means that users can now buy BCH from the service with credit card and bank transfer both available for funding.
Coinbase Adds Support for Dai (DAI) on Its Retail Platform
San Francisco-based crypto exchange Coinbase announced Thursday that it has officially listed Maker’s (MKR) stablecoin Dai (DAI) on its retail trading platform. DAI is launching at https://t.co/iQARfimGvY and in the iOS and Android apps within the next 15 minutes. You may need to update your app to properly buy, sell, convert, send, receive, or store DAI. We […]
SludgeFeed
Opera (OPRA) Announces Planned TRON (TRX) Support for Its Crypto Wallet
Opera (OPRA), a browser built on the Blink engine and growing competitor of Google Chrome with over 300 million users, announced this week that it has partnered with TRON (TRX) to add native support for the blockchain. We are excited that @opera, a mainstream browser with hundreds of millions of users, will now seamlessly support […]
SludgeFeed
Blockchain Week Ads Suggest eBay (EBAY) Is Preparing to Add Crypto Support
Recently leaked images from Consensus 2019, the major cryptocurrency conference currently taking place in New York City, suggest eBay (EBAY) is preparing to adopt cryptocurrencies. "Leaked from Consensus, eBay possibly announcing the support of cryptocurrencies on their website." – @PatronsOfTheMoon Telegram. #share #bitcoin #cryptocurrency pic.twitter.com/xqbpdysUic — wolf (@ImNotTheWolf) May 12, 2019 According to the pictures […]
SludgeFeed
Binance Goes All-In on Cosmos (ATOM) Support, Adds 3 Stablecoin Trading Pairs
Binance, the world’s largest crypto exchange, has ramped up its support for Cosmos (ATOM), announcing the listing of three new stablecoin base pairs on Monday. #Binance Adds $ ATOM / $ USDC, $ ATOM / $ PAX and $ ATOM / $ TUSD Trading Pairshttps://t.co/gQNzN4by7j pic.twitter.com/v0Q1e6XR1O — Binance (@binance) May 6, 2019 According to the announcement, trading for ATOM/USDC, ATOM/PAX and […]
SludgeFeed
Coinbase Wallet Adds Support for Dogecoin (DOGE)
San Francisco-based Coinbase announced on Wednesday that the Coinbase Wallet, its Ethereum-based wallet, will now support Dogecoin (DOGE). According to the announcement, the new wallet update with DOGE support will roll out to all users on iOS and Android over the next week. “Our goal with Coinbase Wallet is to create the world’s leading user-custodied crypto […]
SludgeFeed
Bitcoin Price Analysis: Resistance Turned Support Enforces Bullish Continuation
Summary:
- After breaking out of a macro reaccumulation range, the market saw a small pullback that led to a retest of prior resistance that is now being respected as support. The market was previously unable to close a daily level above $ 5,400 but so far after three tests, the market has established intraday support.
- The market structure remains bullish as we establish higher highs and higher lows. The next milestone for a bullish continuation is a daily close above the $ 5,600 level.
Crescent Cash BCH Wallet Features SLP Token Support for Smartphones
During the first week of April, news.Bitcoin.com reported on a new bitcoin cash (BCH) mobile wallet called Crescent Cash. At the time, the wallet was the third wallet within the BCH ecosystem to add the Cash Accounts protocol. Now with the latest version release, the noncustodial client is the first mobile wallet to support Simple Ledger Protocol (SLP) tokens.
Also read: Bitcoin Cash Markets and Network Gather Strong Momentum in Q1
Coinbase Provides Wider Support for Crypto-to-Crypto Conversions
Crypto exchange platform Coinbase has announced that it will be expanding its crypto-to-crypto trading service to more countries.
In the announcement, Coinbase explains that cryptocurrencies are in a transition period, which will see them move from being investment options to utilities. According to the exchange, the enablement of crypto-to-crypto conversions will serve as “the backbone of this new decentralized economy.”
The new feature will be available to Coinbase.com and Coinbase Pro users in 11 additional nations within Southeast Asia and Latin America. These countries include New Zealand, Peru, Mexico, South Korea, Argentina Chile, the Philippines, Hong Kong, India, Indonesia, and Colombia.
Decentralized Exchange Switcheo to Add EOS (EOS) Support
Switcheo, a decentralized exchange built on NEO (NEO), has formed a strategic partnership with blockchain development company Obolus to enable Switcheo users to trade on the EOS (EOS) blockchain. We are proud to announce a strategic partnership with @ObolusCrypto, enabling Switcheo users to trade on the #EOS blockchain on #Switcheo Exchange. Read more about this on: https://t.co/ogwCWcoAM8#SwitchtoSwitcheo […]
SludgeFeed
Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support
Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:
Figure 1: BTC-USD, Daily Candles, Fourth Rejection
If we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections. Our fourth attempt, however, was brought into the level on low volatility and saw a weak rejection.
Cannabis, Cryptocurrency and Compliance: One Man’s Quest to Support Unbanked Businesses
Ernesto Huerto is the very embodiment of Bitcoin. As the operator of Crypto Space, a physical bitcoin exchange in Los Angeles’ San Pedro neighborhood, Huerto knows more than most about the challenges of running a cryptocurrency business while maintaining banking access and compliance. In a wide-ranging interview, the Crypto Space owner has disclosed the realities of straddling the line that separates centralized and decentralized finance, and the underhand tactics big banks deploy to crush crypto startups.
Also read: Japan Approves 2 New Crypto Exchanges – 140 More Interested
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