Category Archives: Crypto Daily

Coinbase Introduces Free Cash Withdrawals to PayPal for its U.S Customers

On the 5th day of the 12 Days of Coinbase event, the team at the exchange has announced that its customers in the United States can now withdraw cash balances to PayPal at zero cost. This new feature is available immediately and is aimed at providing users with faster access to their funds through the time tested PayPal platform. As earlier mentioned, there will be no fees incurred for withdrawing to PayPal. This new method is an alternative to the only available method of withdrawing to a […]

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Bitcoin, Ripple, Ethereum, Stellar, EOS, Bitcoin Cash, Litecoin, Bitcoin SV, TRON, Cardano: Price Analysis, Dec. 14

While total market cap threatens to break below $100 billion, new research shows that the amount of crypto users doubled by Q3 2018. Does this signal a recovery in the future? The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. A lot of crypto investors have lost a staggering amount […]

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Brazilian Premier League Soccer Club Launches Crypto ‘Fan Tokens’

Atletico Mineiro, a Brazilian premier league soccer club, is launching its own fan token “GaloCoin” based on Ethereum blockchain. Brazilian premier league soccer club Atletico Mineiro has launched a fan token dubbed “GaloCoin,” Cointelegraph Brazil reports Friday, Dec. 14. The GaloCoin is named after Atletico’s mascot, a rooster (“galo” in Portuguese). It is based on Footcoin — a platform that allows to launch utility tokens on the Ethereum blockchain. The GaloCoin is tied to the national fiat currency exchange rate and is equal to one Brazilian real. […]

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Binance Continues to BUIDL as the Platform’s Mobile Trading App Now Has Price Alerts

The CEO of Binance, Changpeng Zhao, has always encouraged crypto enthusiasts and developers to continue building on the blockchain rather than concentrating on the price of Bitcoin (BTC). His words have become more relevant especially with the current bear market that has seen the crypto markets continue to decline with many crypto traders wondering when the infamous BTC bottom will be reached. Binance Upgrades Its Mobile Trading App to Include Price Alerts For the avid Binance trader who likes to be up to date with the prices […]

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SEC Chair ‘Optimistic’ DLT and Crypto Will Drive Investment Opportunities

Speaking as part of a testimony to the United States Senate Committee on Banking, Housing, and Urban Development, the chairman of the U.S. Securities and Exchange Commission Jay Clayton expressed optimism that the distributed ledger technology (DLT) sector will “facilitate capital formation.” Clayton also discussed the enforcement actions taken by the SEC in regulating initial coin offerings (ICOs). Also Read: New Bitcoin ATM Tracker Site Launches in Russia  SEC Chair Believes Crypto and DLT Will Generate Capital Formation Jay Clayton stated that he is “optimistic” that the developing […]

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Bakkt Futures to Launch on January 24, Presents Milestones Ahead

The owner of the New York Stock Exchange (NYSE) – the Intercontinental Exchange (ICE), announced back in August that it will be launching a global platform and an ecosystem for digital assets called Bakkt. The project is handled in collaboration with marquee companies such as Microsoft, BCG, Starbucks, and others. Speaking on the matter at the time, CEO Kelly Loeffler said that the platform is expected to launch in November 2018, subject to review and approval by the US Commodity and Futures Trading Commission. However, in a […]

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Ethereum Chat Startup Status Lays Off 25% of Staff

Ethereum browser startup Status.IM is cutting a quarter of its staff due to the ongoing downturn in cryptocurrency prices. Announcing the move internally on Monday, co-founder Jarrad Hope said that the startup is much larger than can be sustained due to the fact that the company did not anticipate ethereum’s price dropping more than 80 percent. COO Nabil Naghdy first publicly confirmed the layoffs when reached by CoinDesk on Friday. The company originally raised 182,000 ETH during a token sale last year, which was worth $64 million at […]

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Confirmed: Bakkt Futures to Launch on January 24, Presents Milestones Ahead

The owner of the New York Stock Exchange (NYSE) – the Intercontinental Exchange (ICE), announced back in August that it will be launching a global platform and an ecosystem for digital assets called Bakkt. The project is handled in collaboration with marquee companies such as Microsoft, BCG, Starbucks, and others. Speaking on the matter at the time, CEO Kelly Loeffler said that the platform is expected to launch in November 2018, subject to review and approval by the US Commodity and Futures Trading Commission. However, in a […]

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U.K. Cryptocurrency Exchange Cubits Shuts Down After $33M Scam

Cubits, a London-based digital asset trading platform, has been forced into administration after fraudsters reportedly stole €29 million (about $32.5 million) from the exchange in February. The company claimed “it fell victim” to an elaborate scam orchestrated in collusion with three of its clients.  Also read: Former Mt. Gox CEO Could Face 10 Years in Jail Over Embezzlement Exchange Enters Into Voluntary Administration The administration means that investors cannot deposit or withdraw funds until further notice. It’s not clear how much worth of bitcoin the exchange was holding […]

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Thomas Lee Remains Bullish Despite Bitcoin Price Sinking to New Lows

Thomas Lee, head of research at Fundstrat Global Advisors, still believes in Bitcoin’s strong upside potential, even though the price of the flagship cryptocurrency continues to plummet, reaching new yearly low on Friday, December 14. Earlier this year, Thomas Lee predicted a rally to $25,000 by the end of December; however, things are not going […] Powered by WPeMatico

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