UTC-05:00,Sunday , May 26th 2019
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Today ,Sunday,May 26, 2019
Yesterday ,Saturday,May 25, 2019
  • 23:58 Tone Vays Wins $10000 Bitcoin Transaction Bet With Roger Ver

    On stage at the Malta AI & Blockchain Summit, Bitcoin Cash proponent Roger Ver made a $10,000 bet with the high-profile trader, consultant, and content creator Tone Vays - which the latter won.
    The bet was spurred on by the Bitcoin.com CEO's insistence that BTC's average transaction fees were currently $3.00 per transaction and that BCH was vastly superior for having transaction fees under one cent. Vays correctly argued that claims of $3.00 average BTC transaction fees were misleading, which caused Ver to bet $10,000 that Vays could not send him a $5 BTC transaction with one cent fees in under one day. However, Vays took to Twitter early this morning to prove that the transaction went through in approximately 10 hours - thus proving Ver wrong.
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  • 22:36 General Manager Of BIS: Bitcoin And Blockchain Is Not Sufficient To Be A Monetary Arrangement In A Country

    The debate about the credibility and mainstream acceptance of cryptocurrency ever since Bitcoin rose to fame in 2017 does not seem to have any conclusion. A recent addition to this discussion was the general manager of Bank for International Settlements, Agustin Cartens, who sided with the 'Asset' camp. In an interview with Dallas Fed, Cartens presented his ideas regarding cryptocurrencies and said: "Bitcoin or Cryptocurrencies in general are interesting… the main issue I take with cryptocurrencies is the term currencies. And I think they are not currencies, they are not good store of value, they are not good medium of exchange, they are not good unit of account. I think the attempt to have them come into life as a way to substitute legal tenders and fiat currency is a failed attempt. They have a role as crypto assets... they have a room for financial assets in general but not cash. Blockchain by itself is not sufficient to think of a different monetary arrangement in a country."
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  • 22:19 Bitcoin At $10000 Still In Play, One Analyst Postulates

    According to a number of analysts, Bitcoin is still poised to reach $10,000 in the near-term, despite the recent stagnation. In a recent tweet, Moon Overlord, a popular trader and analyst, noted that Bitcoin's chart is still exhibiting clear bullish tendencies.
    Overlord points out: "BTC is still bullish, as it trades above key resistance levels at $7,000, $7,300, and $7,400; and continues to trade in two clear parabola patterns, which have both yet to go entirely vertical (signals the end of the parabolic trend). This, coupled with the fact that Bitcoin markets on BitMEX have recently seen their biggest periods of buying volume ever, lead Overlord to suggest that Bitcoin could soon break above the local resistance of $8,400 to $8,500, and then begin a rally to the $10,000 price point. That could be where the rally ends though, as quintuple digits are where Bitcoin topped about one year ago. But, we can reaccess the situation once we get there."
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  • 22:13 CoinNess.com Market Surveillance May 26: BTC Price Fluctuates Around The $8000 Level

    As of 03:00 (UTC) on May 26, the global index of Bitcoin (BTC) price fluctuates around the $8,000 level, marking $8,035.18. It has registered an increase of 0.08% in the past 24 hours.
    The CoinNess.com Bullish vs. Bearish Indicator shows our four-hour technical bias on BTC is "Strong Buy" with one indicator sending out a selling signal, five showing a neutral signal, and 12 indicating a buying signal.
    The broad market shows a downtrend, with 46 out of Top 100 cryptos by market cap rising.
    The global market cap reads $250.52 billion, and the 24-hour trading volume is $67.29 billion.
    Major Coins
    1. BTC quotes show 7,975.47 USDT on Binance, $7,993.90 on Bitfinex and $8,014.08 on Coinbase Pro;
    2. CoinNess.com Market Index presents quotes for major cryptocurrencies besides BTC as following: ETH marks $251.15 (-0.30%); XRP marks $0.3859 (-0.52%); BCH marks $404.82 (-1.68%); EOS marks $6.39 (-1.09%); LTC marks $102.51 (+0.89%); ETC marks $7.20 (-1.41%).
    Top 3 Gainers and Top 3 Losers in Cryptocurrencies
    1. Top 3 gainers among Top 100 cryptocurrencies by market cap: FT (+16.18%), DGB (+12.61%), and SC (+9.72%);
    2. Top 3 losers among Top 100 cryptocurrencies by market cap: LINK (-11.71%), NEW (-10.48%), and ABT (-7.25%).
    Top Gainers and Losers in Categories
    1. Top 3 gainers among 24 categories: Social Communication (+2.76%), DAG Technology (+2.07%), and Smart Economy (+1.96%);
    2. Top 3 losers among 24 categories: Side Chain Concept (-8.10%), Contract Tools (-5.15%), and Block Service (-4.00%).
    Cap Flows of Coins/Exchanges
    1. Top 3 capital inflows within the last 24 hours: DASH (+$350.50 mln), ETH (+$139.58 mln), and ZB (+$56.47 mln);
    2. Top 3 capital outflows within the last 24 hours: LTC (-$53.17 mln), TFUEL (-$12.45 mln), and BAT (-$8.88 mln);
    3. Net inflows/outflows of exchanges: Binance (+$24.36 mln), Bitfinex (-$1.72 mln), and Coinbase Pro (+$4.47 mln).
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  • 21:30 Max Keiser: Bitcoin Will Beat All Asset Classes

    Broadcaster Max Keiser is a noted Bitcoin bull. He doubled down on his $100,000 Bitcoin price target earlier this month. Now he's reiterating his ambitious outlook, suggesting in an interview with CNBC Crypto Trader that it's only a matter of time for the Bitcoin price to reach his target. "The timing is immaterial. It is still going to outperform every other asset you can possibly imagine owning over the next five, 10 or 15 years. Forget about timing. Timing is for people who think that I'm going to wait and buy it at a better price. And that is a bad way to approach crypto." he added.
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  • 21:21 gate.io Startup Will Start The BTC Subscription With 20% Off At 04:00 (UTC)

    gate.io Startup will start a $1.6 million BTC subscription with 20% off at 04:00 (UTC) on May 26. gate.io has launched the "Discount Plans For Popular Startup Projects" activity to benefit its users. One to four mainstream blockchain programs (e.g. Bitcoin, Ethereum, EOS etc.) will be listed with a 50% to 80% discount subscription every month.
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  • 21:05 BTC Topped List Of Crypto Net Outflows With $21.71 Mln In Past 2 Hours

    Monitored by CoinNess.com, from 00:00 to 02:00 (UTC) on May 26, BTC registered a net outflow of $21.71 million in the past two hours.
    1. The Top 3 net cap inflows in the crypto market are: AE (+$1.58 mln), MATIC (+$1.50 mln), MIOTA (+$1.45 mln);
    2. The Top 3 net cap outflows in the crypto market are: BTC (-$21.71 mln), LTC (-$11.03 mln), BNB (-$8.74 mln).
    For more alerts on real-time market changes, add your portfolio at "Watch List" to enable the Intelligent Market Monitor, seizing more investment opportunities.
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  • 20:49 Mati Greenspan Claims That A $200 Move Can Easily Lead To A $2000 Move

    Mati Greenspan, the Senior Market Analyst at eToro and a major supporter of Bitcoin, recently commented on the market shift by tweeting: "At this point, a $200 move in the price of Bitcoin could easily lead to a move of $2,000." He continued: "Usual disclaimers apply. This is not trading advice. Past performance is not an indication of future results. Crypto assets are risky. I don't move the market."
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  • 20:42 Novogratz: Facebook Integral To Crypto, Bitcoin Won't Get Hurt By "GlobalCoin"

    Speaking to CNBC's "Squawk Box", Galaxy Digital's Mike Novogratz accentuated the importance of Facebook's massive step into this space. The former Wall Street hotshot, now a well-known cryptocurrency investor, said that "Facebook is wildly important for the ecosystem," adding that this tacit endorsement of the technology behind Bitcoin is resounding. He even states that contrary to popular belief, GlobalCoin will add value to the non-centralized cryptocurrency ecosystem, not subtract.
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  • 20:06 Mike Novogratz Gives His Support To Social Media Cryptos

    Galaxy Digital Founder and CEO Mike Novogratz recently shared his views on the rise of social media cryptocurrencies, particularly with news coming out about the launch of Facebook's GlobalCoin in 2020.
    Novogratz, who has been a regular cryptocurrency pundit and established Bitcoin bull, voiced support for the creation of social media cryptos, even if he doesn't believe all of the projects will ultimately succeed to the same degree as BTC. In an interview with CNBC published on May 24, the billionaire investor claimed that at least one of the social media coins will succeed.
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  • 20:01 Market Trends For Bull & Bear On May 26: BCH And BTC

    Market trends of blockchain and cryptocurrency are examined to make predictions. CoinNess.com will study market trends-related consumer behavior, employment, blockchain tech advancements, new product development, competition, government norms and other factors that impact the bull and bear of blockchain and crypto industry.
    CoinNess.com Market Index:
    BCH, $407.05;
    BTC, $8,066.00.
    Bull:
    1) BCH: Bogota's EXMA 2019 Will Feature Bitcoin Cash Payments At Home Burgers
    At this year's EXMA conference in Bogota on May 27 - 28, attendees will find that payment processor Pagos Inteligentes will allow Bitcoin Cash (BCH) payments at Home Burgers inside the Movistar Arena. The EXMA event is one of the biggest entrepreneurship conferences in Latin America and Pagos Inteligentes alongside its partner Xpay hopes to show EXMA participants that crypto payments are the future of money.
    2) BTC: Bitcoin Accrues Over $6 Billion Daily Transactions, Targets Mastercard's Record
    Kevin Rooke‏, a cryptocurrency analyst and investor got the crypto sphere, notified about the increase in the daily transaction of Bitcoin via his twitter handle. According to Rooke, BTC is presently settling above $6 billion per day.
    Rooke, through his tweet, compared the volume of daily transactions of America's major payment networks. On his uploaded list containing four different payment networks, including Bitcoin, Visa took the largest share with $30.3 billion daily transactions, followed by Mastercard with $16.2 billion, then Bitcoin in the 3rd position with $6.3 billion transactions.
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  • 19:38 Taklimakan Network Launches New-Look Crypto Platform Through AI And Blockchain Technology

    Taklimakan.Network cryptocurrency trading platform has developed a platform that enables users to negate the need for multiple platforms, offering a unique and all-in-one experience. On average, the typical trader uses one platform for trading, another for news, and at least one social media platforms to connect with like-minded individuals to gain insight or share thoughts, market trends or ideas.
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  • 19:11 The Amount Of Long Positions Of OKEx Ethereum Quarterly Contract Exceeds Short Ones

    According to the data of OKEx's contract, as of 00:00, May 26 (UTC), among the rich accounts of OKEx Bitcoin quarterly contract, the proportion of short positions (23.89%) exceeds that of long positions (12.69%), with a gap of 11.20%. Among the rich accounts of OKEx Ethereum quarterly contract, the proportion of long positions (19.26%) exceeds that of short positions (18.10%), with a gap of 1.16%.
    At present, the number of BTC contract positions is nearly 56,900 BTC and the number of ETH contract positions is nearly 811,900 ETH.
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  • 19:05 Bogota's EXMA 2019 Will Feature Bitcoin Cash Payments At Home Burgers

    At this year's EXMA conference in Bogota on May 27 - 28, attendees will find that payment processor Pagos Inteligentes will allow Bitcoin Cash (BCH) payments at Home Burgers inside the Movistar Arena. The EXMA event is one of the biggest entrepreneurship conferences in Latin America and Pagos Inteligentes alongside its partner Xpay hopes to show EXMA participants that crypto payments are the future of money.
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  • 18:59 'Bitcoin Will Disappear,' Craig Wright Rants In Blistering 'Satoshi' Manifesto

    Australian entrepreneur Craig Wright published a blistering manifesto that argues Bitcoin (BTC) will eventually disappear because it's being used to facilitate criminal activity. And that perverts "his" original vision for the cryptocurrency. Wright further claimed that because Bitcoin has been manipulated, it will eventually disappear. And when that happens, he warned that it'll vanish instantly.
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  • 18:47 Robinhood Is Set To Raise At Least $200 Million In New Funding

    Robinhood Markets Inc. is close to securing at least $200 million in fresh funding, according a person familiar with the matter. The round is said to value the company at between $7 billion and $8 billion, although the details could change.
    The cash infusion is coming from existing investors, said people familiar with the deal, all of whom asked not to be identified because the details are private. The funding talks are ongoing, but the company's valuation could climb to as much as $10 billion in a subsequent round, these people said, adding that the numbers are subject to change until the deal is closed.
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  • 18:42 Dubai-Based Exchange BitOasis Allegedly Delists XMR And ZEC Without Informing Users

    According to a recent post on Reddit, the exchange delisted Monero (XMR) and ZCash (ZEC). BitOasis, after apologizing, told users that they would be sharing more details on ZEC and XMR pairs soon, however, the exchange failed to do so.
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  • 18:12 CoinNess.com Highlights For Tomorrow, May 26: Huobi Global Will Suspend The Withdrawal And Deposit Service For DASH

    1. Huobi Global Will suspend the withdrawal and deposit service for DASH at 08:00 (UTC);
    2. gate.io will offer $1.6 million worth of BTC Subscription with a 20% discount from 04:00 to 06:00.
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  • 17:59 24H News Roundup May 25: Cryptopia Files For Bankruptcy After Hacker Theft

    [Cryptocurrency]
    1. Only one EIP 1108 received a tentative approval on a bi-weekly call among Ethereum core developers.
    [Exchange & Wallet]
    1. Bitfinex's LEO tokens are listed on ZB.com and Delta Exchange;
    2. P2P Bitcoin exchange Hodl Hodl now announces a new policy for Iranian users - every user that registers with the referral code "IRAN" till mid-June, will permanently receive the discounted exchange fee of 0.55%;
    3. MXC exchange will airdrop EFOR to FOR holders at a ratio of 10 FOR : 1 EFOR;
    4. Cryptopia has filed for US bankruptcy protect.
    [Others]
    1. Spanish banking fintech 2gether said that it is launching a Visa debit card which will enable users to convert crypto to fiat via ATM quickly;
    2. Two of the representatives of HitBTC claims that  they are not storing all of traders' funds in a single place, and HitBTC has been operating well;
    3. A Litecoin user has recently pays a 200 LTC transaction fee to move 8.88 LTC (around $910);
    4. Robinhood Markets is entering the final stages of a funding round at a valuation between $7 and $8 billion, as reported by The Information;
    5. Circle released an article saying the recent signals from U.S. regulators are creating an uncertain environment for crypto assets.
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  • 16:57 US Dollar Takes Over 51% Market Share In Fiat-To-BTC Trading

    As of 21:55 (UTC) on May 25, Coinhills statistics show that the US Dollar is the most traded national currency for Bitcoin, dominating 51.57% of the global fiat-to-BTC market, followed by the Japanese Yen (41.46%), the Euro (2.21%), the Korean Won (1.93%), and the Turkish Lira (1.16%).
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  • 16:44 Bitcoin Accrues Over $6 Billion Daily Transactions, Targets Mastercard's Record

    Kevin Rooke‏, a cryptocurrency analyst and investor got the crypto sphere, notified about the increase in the daily transaction of Bitcoin via his twitter handle. According to Rooke, BTC is presently settling above $6 billion per day.
    Rooke, through his tweet, compared the volume of daily transactions of America's major payment networks. On his uploaded list containing four different payment networks, including Bitcoin, Visa took the largest share with $30.3 billion daily transactions, followed by Mastercard with $16.2 billion, then Bitcoin in the 3rd position with $6.3 billion transactions. American Express and Square filed in 4th and 5th position with $3.2 billion and $0.2 billion respectively.
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  • 15:38 Cryptopia Files For Bankruptcy After Hacker Theft

    Cryptopia Limited, a New Zealand firm which operated a cryptocurrency exchange with over 300,000 accounts from around the globe, has filed for US bankruptcy protect after hackers managed to steal more than US $16 million from the company.
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