Cryptocurrency News

. XRP Dips Below 0.18014 Level, Down 6% XRP fell bellow the $0.18014 level on Thursday. XRP was trading at 0.18014 by 14:40 (18:40 GMT) on the Index, down 5.77% on the day. It was the largest one-day percentage loss since March 26.The move downwards pushed XRP's market cap down to $7.89495B, or 0.00% of the total cryptocurrency market cap. At its highest, XRP's m

Cardano Dips Below 0.032819 Level, Down 9% Cardano fell bellow the $0.032819 level on Thursday. Cardano was trading at 0.032819 by 13:23 (17:23 GMT) on the Index, down 9.45% on the day. It was the largest one-day percentage loss since March 19.The move downwards pushed Cardano's market cap down to $846.96804M, or 0.00% of the total cryptocurrency market ca

Bitcoin Dips Below 7,093.5 Level, Down 13% Bitcoin fell bellow the $7,093.5 level on Thursday. Bitcoin was trading at 7,093.5 by 13:27 (17:27 GMT) on the Index, down 12.59% on the day. It was the largest one-day percentage loss since March 19.The move downwards pushed Bitcoin's market cap down to $128.8B, or 0.00% of the total cryptocurrency market cap. At

. The logo of Binance is seen on their exhibition stand at the Delta Summit, Malta's official Blockchain and Digital Innovation event promoting cryptocurrency, in Ta' Qali LONDON Major cryptocurrency exchange Binance has agreed to buy leading industry data site CoinMarketCap for an undisclosed sum, the companies said in a joint statement on Thursday. Bina

EOS Dips Below 2.2769 Level, Down 4% EOS fell bellow the $2.2769 level on Thursday. EOS was trading at 2.2769 by 10:17 (14:17 GMT) on the Index, down 3.75% on the day. It was the largest one-day percentage loss since March 30.The move downwards pushed EOS's market cap down to $2.1031B, or 0.00% of the total cryptocurrency market cap. At its highest, EOS's

Insight on Liquidity from DeFi Protocols Over the last year and a half, decentralized finance has had an explosion of activity. Lending and borrowing decentralized applications, margin trading, liquidity protocols, stablecoins, insurance and derivatives have all grown in user numbers, in on-chain activity and in product maturity. As DeFi has grown, the need to

FATF Report: US Is Not Focusing Enough on Crypto Financial Risk The Financial Action Task Force (FATF) has reevaluated the United States on its compliance with global anti-money laundering (AML) and counter-terrorist financing (CFT) regulations. According to the report published on March 31, the U.S. is only “largely compliant” with FATF regulations on cry

Pandemic Is Changing Bitcoin Usage in ‘Unexpected Ways,’ Says Chainalysis Leading blockchain intelligence firm Chainalysis has found that the COVID-19 pandemic and global economic contraction is affecting Bitcoin (BTC) consumer habits in surprising ways.In a new report published on March 30, Chainalysis details how Bitcoin spending trends in three areas

Top Ripple Dev Publishes Method to Increase Privacy Using ‘Blinded Tags’ Nik Bougalis, a cryptographer, software engineer and lead of the C++ team at Ripple, has published a proposed method for enhancing the privacy of transactions on the XRP ledger.In his Github post on March 30, Bougalis focused on the destination tags that are assigned to transactions m

US Stimulus Package Might Cause ‘Modest’ Improvement to Bitcoin Market The $2 trillion economic stimulus package the United States Congress passed on March 26 might not cause the Bitcoin (BTC) market to skyrocket just yet, but investors could see modest, gradual improvements starting in 2020.Wayne Chen, CEO of Interlapse and founder of virtual currency pla

Ark’s 1 Million Token Grant Fund Drives Community Innovation Interoperable blockchain project Ark (ARK) designated one million ARK valued at roughly $150,000 toward its new development grants program on March 24.While the grant program was launched one week ago, Ark’s Strategic Partnerships Manager, Ray Alvarez, told Cointelegraph that it has already recei

Bitcoin Price Fills $6.6K CME Gap as Technical Metrics Flip Bullish Bitcoin (BTC) delivered few surprises on April 1 as steadier trading conditions prevailed for a third day and volume remained low.Data from Coin360 and Cointelegraph Markets painted a decidedly lackluster April Fool’s Day 2020 for Bitcoin, which since March 30 had traded in a narrower corrid

Decoupling? Bitcoin Price Surges Above $6.7K as Stocks Again Bearish Since topping out at $6,500 on March 31, Bitcoin (BTC) price had spent the majority of Wednesday in a steady slump which saw the price drop from $6,494 to $6,147. The pullback mirrored the poor performance in traditional markets where the S&P 500 and Dow dropped by 4.41% and 4.44% respect

BTC Held by BitMEX Fell 25% After Mass Liquidations The amount of Bitcoin (BTC) held by crypto exchange BitMEX has fallen by 25% in the past few weeks.During the crypto bloodbath on March 12, Bitcoin (BTC) fell 50% from a price over $10,400 on March 12. Mass liquidations on BitMEX were believed to play a big role in the crypto crash. Ever since, the amount of

Ethereum Dips Below 137.66 Level, Down 4% Ethereum fell bellow the $137.66 level on Thursday. Ethereum was trading at 137.66 by 03:26 (07:26 GMT) on the Index, down 4.00% on the day. It was the largest one-day percentage loss since March 30.The move downwards pushed Ethereum's market cap down to $15.23B, or 0.00% of the total cryptocurrency market cap. At

Investment in Blockchain in Energy Markets Will Top $35 Billion by 2025 According to a new report released by Premium Market Insights (PMI), global investment in blockchain technology in energy markets is set to reach $34.7 billion by 2025. Valued at just $156.5 million in 2016, the sector is forecast to grow at a rate of 82% a year. Although $35 billion seems

‘Breakthrough’ as Lightning Uses Web's Forgotten Payment Code Lightning Labs has published its draft specification for Lightning Service Authentication Tokens (LSAT) — a protocol standard that promises to redefine online payments through employing a little known HTTP status code.According to a March 30 blog post authored by Lightning Labs CTO Olaoluwa Os

Japanese Regulations on Crypto ‘Likely to Help the Market to Mature’ A new report has found strict regulations in Japan are likely to benefit new players in the long term.Double jump.tokyo, the game developer behind My Crypto Heroes, introduced So & Sato, a Japan-based law firm specializing in crypto and blockchain, to Cointelegraph Japan.Continue Read

CoinTracker Passes 100K Users, Announces Six New Partners Cryptocurrency portfolio tracker and tax calculator CoinTracker has surpassed 100,000 users and has signed up six new partners.The site, which is used by many traders to comply with tax reporting obligations, announced the news in a blog post published on April 1.

New York Judge Says Telegram Can’t Distribute Grams Outside U.S. Either A New York judge has ruled that the injunction barring Telegram from issuing its Gram tokens extends to all entities in the United State and overseas.On April 1, U.S. District Judge P. Kevin Castel, responded to the encrypted messaging firm’s request for clarification as to the scope o

The Sandbox Sells 3400 Ether Worth of Virtual Land in Five Hours The Sandbox (TSB), a mobile creation game on Ethereum, announced on April 1 that its third presale of virtual land had generated 3,400 Ether ($450,000) in sales.The March 31 presale sold 12,384 pieces of LAND — virtual spaces in the game — in just five hours. That equates to approximately 10%

Crypto Community Embraces April Fools Day Pranks While much of the mainstream media decided against running pranks this year due to the seriousness of the coronavirus crisis — the crypto community decided to have some fun anyway.One of the earliest, and funniest, was CoinMarketCap listing ‘Toilet Paper Token’ as the number one cryptocurrency above Bitcoi

Global Cybersecurity League Formed to Fight Hospital Ransomware A crack team of cybersecurity experts in 65 countries has come together to combat ransomware attacks on hospitals during the coronavirus crisis.Calling themselves the COVID-19 CTI League the community of experts aims to protect the technological infrastructure of front-line medical resources from

Australian Uni Partners With Ripple on Blockchain Law Courses The Australian National University (ANU)’s law school will roll out two new courses in its Masters program next year exploring the impact of blockchain on the legal field. The courses are being developed with the assistance of Ripple’s Blockchain Research Initiative (UBRI) — a program that see

Ethereum Founder Tells Bitcoin Dev: BTC Wasn’t Always ‘Digital Gold’ Ethereum co-founder Vitalik Buterin was involved in a spat with a Bitcoin developer on Twitter yesterday, when he suggested BTC was originally designed to be P2P cash, not digital gold.Replying to Blockstream employee Zack Voell who claimed that Bitcoin was, is, and always shall be digi