Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Tesla plans to join the ride-hailing business as soon as 2020 with Elon Musk saying the owners whose cars participate in the Tesla network will keep up to 75% of the generated revenue.
Through the partnership of a payments startup Flexa and Winklevoss’ Gemini, customers of Amazon’s Whole Foods, Starbucks, Baskin Robbins, and other major retailers can use Bitcoin, Ethereum, Bitcoin Cash, and Gemini Dollar for payments.
The breaking up of $210 level by the Bulls’ momentum will expose the supply level of $218. In case the Bears defend the $210 level, Ethereum price may pull back to $201 level.
As New York residents have had limited functionality with Coinbase because of its stricter financial rules, the approval of XRP is sure to be welcomed by the highly populated city. XRP price adds more than 20% on the news.
Bakkt expects the soft launch of their Bitcoin Futures product by July, explaining that it intends to iron out any kinks in the coming weeks. They confirmed confirmed working “closely” with the U.S. Commodity Futures Trading Commission (CFTC).
Bitcoin price attained a massive surge on Tuesday, May 14, moving over $8000 levels while attaining a new high in 2019. A massive trading volume of $31 billion is responsible for this Bitcoin rally.
Valerie Szczepanik, the US SEC Advisor for Digital Assets and Innovation, noted that exchanges seeking to list IEO tokens for a fee could face regulatory issues.
In Q3 2019, HTC will introduce its new blockchain device Exodus 1s that will be the first smartphone to have full node capabilities.
Börse Stuttgart (SWB), the second-largest stock exchange in Germany, has listed XRP and Litecoin-traded notes (ETNs). Issued through XBT Provider, the ETNs can now be traded against the Swedish krona (SEK) and euro (EUR).
Morgan Stanley investment bankers stand to harvest millions of dollars in fees for leading Uber Technologies Inc.’s IPO last week. Wealthy clients are facing big losses because of early investing policy.
Michael Terpin, the victim of a SIM-swap fraud, will be paid $75.8 million in punitive and compensatory damages, which is one of the single largest court judgments awarded to an individual in a cryptocurrency-related affair.
eBay, the US-based e-commerce behemoth, is rumored to make a foray into crypto after its Consensus ads recently leaked online. If eBay does open arms for crypto payments, it could be a boon for adoption.
In case the Bulls defend the $6,869 level, the bullish trend will continue and may break up the $7,440 level and target $7,812 level. Should the demand level of $6,869 does not hold, the Bitcoin price will target $6,332 level.
After hitting its 2019 high above $7500 levels on Sunday, May 12, Bitcoin price immediately retraces back to $7000 levels. Analysts call it a fundamentally healthy correction setting the stage for the next bull run.
As existing blockchain protocols are often overwhelmed showing extreme limitations, developers around the world are trying to figure out how to eventually push the tech to the next level of efficiency. Elrond team seems to know the answer.