The Latest reports about cryptocurrencies, blockchain and FinTech from Coinspeaker’s staff writers and our partners.
On Thursday, September 12th, the Litecoin is declining again, trading at $68.63.
According to MetaBlock, Waves is the top blockchain project leading by commits. Ethereum and Cardano follow Waves and take the 2nd and 3rd positions with 1847 and 1687 commits respectively.
Last year, Ripple and Coinbase were ranked high by LinkedIn. In 2019, they have taken 28th and 29th positions accordingly.
On Thursday, September 5th, the Bitcoin (BTC) is slightly declining, trading at $10,542.
2019 has not been a bad year for crypto as some assets, including Bitcoin, have seen more than 100% in ROI. However, funding is significantly reduced and venture capitalists seem to be backing off. Why is this happening?
Binance has come up with a detailed research report about the new People’s Bank of China (PBoC) Central Bank Digital Currency (CBDC). The research reveals that the new currency will be a two-tiered system and is aimed at replacing cash.
According to a recent study by Coinbase on higher education, the adoption of academic courses on digital currencies and the underlying blockchain technology by top institutions around the world is on the rise.
Gartner released their quarterly report on global smartphones which says that among the top five phone vendors, Huawei sales increased by 16.5% while Samsung added 3.8%, winning an overall 20,4% of market share.
Apparently, consumers in the US, Baby Boomers, in particular, are increasingly delaying their smartphone purchase for three or more years. In addition, the average iPhone now remains active for 18 months, while average Samsung phone – for 16.5.
On the weekly timeframe, the Bitcoin remains in the ascending channel; however, a decline to the support line may turn into a breakaway and a decline to the psychologically important level of $7,000.
On the weekly timeframe the Bitcoin keeps demonstrating an uptrend, preparing a new impulse of growth after a declining correction.
The latest reports reveal that just 318 Tether whales control over 80% of its circulating supply with each of them holding at least $1 million worth of USDT tokens making the market vulnerable to manipulation.
Disney missed Wall Street expectations in its Q3 earnings report. DIS stock fell 3.7% in after-hours trading. Disney blamed the earnings miss on the ongoing integration of Fox’s entertainment assets, which it acquired in a $71B deal closed in March.
Bitcoin price adds 5% hitting $10,500 levels. Meanwhile, a new report from Delphi Digital describes current trends in the global economy that could serve as a catalyst that should propel BTC price even higher.
On August 1st the ETH is under pressure again. It is generally traded around 213.19 USD.