Coincheck Adds XRP and Ethereum to Its OTC Trading Desk

Coinspeaker
Coincheck Adds XRP and Ethereum to Its OTC Trading Desk
Coincheck, a Japanese cryptocurrency exchange has launched its Over-the-counter (OTC) trading desk wherein the platform is debuting XRP and ETH as the first altcoin listing.
Coincheck Adds XRP and Ethereum to Its OTC Trading Desk

Continue reading at Coinspeaker
Source: CoinSpeaker

Blockchain Wallet, ShapeShift to Delist Bitcoin SV, Kraken Considers Joining the Bandwagon

Coinspeaker
Blockchain Wallet, ShapeShift to Delist Bitcoin SV, Kraken Considers Joining the Bandwagon
After crypto exchange Binance’s decision to delist Bitcoin SV (BSV), anonymous exchange ShapeShift has also decided to drop the cryptocurrency, with Kraken considering to follow suit.
Blockchain Wallet, ShapeShift to Delist Bitcoin SV, Kraken Considers Joining the Bandwagon

Continue reading at Coinspeaker
Source: CoinSpeaker

Bitcoin SV [BSV] freefalls in excess of 20% as Binance, Shapeshift and possibly Kraken delist coin

Termed as the “right thing” to do, Binance CEO Changpeng Zhao announced the delisting of Bitcoin SV [BSV] from their services, leading to a massive freefall for the once top-10 coin and a bearish trend for the collective market.
Following the tirade of BSV proponents Wright and Ayre handing out legal notices to those who opposing Wright’s claim of being Satoshi Nakamoto, the crypto-community lashed out at the BCH hard fork demanding their delisting.
CZ, on April 11, voiced his discontent with Holdanaut, a popular crypto-Twitter handle being served a legal notice by the BSV duo, stating “Anymore of this sh!t, we delist!” and joining the ‘Wright is not the creator of Bitcoin’ camp. Several crypto-proponents even appealed to other exchanges to follow suit.
Only four days since the initial “threat”, did Binance pull the trigger. With no stoppage to the relentless claims, Zhao announced via an April 15 tweet that the largest exchange in the world will delist Bitcoin SV. Satoshi’s Vision will officially be offloaded by Binance on April 222 at 1000 UTC.
According to the exchange’s website, a host of reasons could result in the coin being shown the door. The main reasons cited are a lack of commitment in the project, poor development activity, and communication, poor smart contract stability, fraudulent conduct, or unhealthy ecosystem.
Binance was not the only exchange to boot out Satoshi’s Vision, with Erik Voorhees’ Shapeshift also delisting BSV. The American cryptocurrency exchange Kraken has also hinted at a delisting via their Twitter page.
Source: Trading View
It comes as no surprise that a delisting by the biggest exchange in the world has resulted in a massive freefall in the BSV price, declining by a whopping 21.22 percent at press time. Following a rise to $95 at the beginning of the month, when BTC ascended above $5,000, the current price is 40 percent lower, trading at a dismal $57.12.
Bearish sentiments set in when the first delisting hint was dropped by CZ on April 11 which resulted in investors panicking and selling off the then twelfth largest coin in the market. The dump began at 0900 UTC on April 14, when the coin was trading over $70 and continued till the coin hit $55. The coin has since increased by $2, providing some respite to the BSV community.
Market cap has also seen a monumental tumble, with the coin dropping under $1 billion, down to a bottom of $966.67 million. This decline has resulted in the coin dropping by two spots on the coin ladder to 14th, allowing Monero [XMR] and Dash [DASH] to rise up.
OKEx takes the top spot in terms of BSV trade volume, accounting for 8.89 percent of the global trade via the trading pair BSV/USDT. Binance still holds a considerable share of the BSV volume, accounting for 7.73 percent and 5.89 percent via the trading pairs BCHSV/USDT and BCHSV/BTC, which will eventually cease on April 22.
The post Bitcoin SV [BSV] freefalls in excess of 20% as Binance, Shapeshift and possibly Kraken delist coin appeared first on AMBCrypto.
Source: AMB Crypto

Tron Weekly Report: Team announces BTT airdrop date; verifies TRC20-USDT query on Shasta

Tron Foundation has been working towards the development of Tron’s ecosystem for a long time. Tron’s weekly report informed the community that the Foundation is currently testing a deferred transaction, along with developing an anonymous transaction for the wallet. It also highlighted that the team is testing the latest version of the solidity compiler.
Tron’s team also successfully enhanced the success rate of transaction broadcast and improved documents in multi-signature. As for the developer’s community, it informed that the TRC20-USDT query was verified on Shasta, a private test network, for Block parser. In last week’s report, it was noted that the devs had started working on version 1 of the BitTorrent File System [BTFS]. This week, the devs created smart contract integration demonstration and MVP [Minimum viable product] DApp using TronWeb API library and Tron Link.
The devs also created an outline of Hash Gallery DApp. The team announced the conclusion of the USDT-Tron -Tron USDT audit and scored 93/100. The report also informed the community about the BTT airdrop taking place on November 4. Apart from the airdrop, the report stated that the newly launched token was listed on 42 exchanges and BitAsset will soon list BTT on its digital trading platform.
Tron, the eleventh largest coin on CoinMarketCap, noted a 2.43% growth after being attacked by the bear. The cryptocurrency was valued at $0.0271 with a market cap of $1.81 billion. The 24-hour trading volume of the coin was noted to be $357.07 million, and it plunged by 7.73% over seven days.
OKEx traded highly in Tron via the TRX/USDT pair, noting a volume of $42 million. HitBTC took the second spot and the third place, noting high trade volumes via TRX/USDT and TRX/BTC pairs. TRX/USDT recorded $39 million in volume, while TRX/BTC noted $28 million in volume.
The post Tron Weekly Report: Team announces BTT airdrop date; verifies TRC20-USDT query on Shasta appeared first on AMBCrypto.
Source: AMB Crypto

Breaking: Binance Will Delist Bitcoin SV (BCHSV) on April 22

Coinspeaker
Breaking: Binance Will Delist Bitcoin SV (BCHSV) on April 22
Binance exchange has decided to delist and cease trading on all trading pairs for Bitcoin SV (BCHSV) starting from April 22nd, 2019.
Breaking: Binance Will Delist Bitcoin SV (BCHSV) on April 22

Continue reading at Coinspeaker
Source: CoinSpeaker

Fake Trading Volumes in XRP Continue to Cast Shadow on the Crypto Markets

Coinspeaker
Fake Trading Volumes in XRP Continue to Cast Shadow on the Crypto Markets
A recent report suggests that over 90% of the trading volumes reported by exchanges for Bitcoin and other major altcoins are fake.
Fake Trading Volumes in XRP Continue to Cast Shadow on the Crypto Markets

Continue reading at Coinspeaker
Source: CoinSpeaker

XRP and Stellar Lumens [XLM] Price Analysis: Cryptos slip and fall into the bear’s trap

The cryptocurrency market saw a sudden rise in the prices of most cryptocurrencies, including XRP and Stellar Lumens [XLM], on April 15. However, the two did not register any significant gains and had started to correct themselves, at press time.
XRP
At press time, XRP was valued at $0.3290, with a market cap of $13.75 billion. It noted a 24-hour trading volume of $804 million and witnessed a growth of 1.09% over the past day. Over the past seven days, XRP fell by 8.58% and continued to dip by 0.15% over the past hour.
Source: TradingView
According to XRP’s long-term graph, a downtrend was noted from $0.5551 to $0.3660. However, no significant uptrend was traced for the coin. It marked a resistance at $0.3892 and a support at $0.2895.
Bollinger Bands appeared to be converging, reducing the volatility in the market. The moving average line was over the candles and marked a bearish trend.
Awesome Oscillator noted a weakened bearish trend.
Chaikin Money Flow was crawling below the zero line, marking a bearish market.
Stellar Lumens [XLM]
Source: TradingView
According to the one-day graph of XLM, a massive downtrend was noted from $0.2775 to $0.1340. However, no uptrend was marked on the graph. The resistance was marked at $0.1349 and the support was at $0.0751.
Parabolic SAR indicated a bearish trend as the markers aligned above the candlesticks.
MACD line was under the signal line, noting a bearish reign.
Relative Strength Index indicated that the buying and selling pressures had evened each other out.
Conclusion 
The long-term graphs for both XRP and XLM predicted a bearish future for the coins.
The post XRP and Stellar Lumens [XLM] Price Analysis: Cryptos slip and fall into the bear’s trap appeared first on AMBCrypto.
Source: AMB Crypto

EOS User Agreement Update Finalized Backing Voting Gridlock

Coinspeaker
EOS User Agreement Update Finalized Backing Voting Gridlock
The long-awaited EOS user agreement was signed by 21 of the network’s 30 Block Producers following months of negotiation and debate following referendum gridlock.
EOS User Agreement Update Finalized Backing Voting Gridlock

Continue reading at Coinspeaker
Source: CoinSpeaker

The Central Bank Of Philippines Legalizes 10 Cryptocurrency Exchanges

Coinspeaker
The Central Bank Of Philippines Legalizes 10 Cryptocurrency Exchanges
The Central Bank Of Philippines has reportedly allowed three more crypto exchanges to start functioning in the country. With this addition, the total number of Bitcoin exchanges in this Pacific Ocean republic to 10.
The Central Bank Of Philippines Legalizes 10 Cryptocurrency Exchanges

Continue reading at Coinspeaker
Source: CoinSpeaker

Is Bull Continued? Crypto Market Rallies Exciting with BTC above $5100 and Altcoins On Bull Run

The month of April has been showing bullish sentiments for the cryptocurrency market. Bitcoin and most cryptocurrencies are turning their heads up with new volume today, moreover, having a bullish rally continued since the earlier this month.
Is the Bear Market Really Over?
Bitcoin’s move towards $5000 has led many investors, analysts and CEOs to predict the future and bet higher on it. Given that, its forward race also picks other altcoins up with a certain percentage. Consequently, with Bitcoin, other cryptocurrencies such as Ethereum (ETH), XRP, Bitcoin Cash (BCH), Litecoin (LTC), EOS, Binance Coin ((BNB) Tether (USDT), Stellar Lumens (XLM), Cadano (ADA) and many others see a remarkable surge.
Source: CoinmarketCap
Nevertheless to note that crypto market in last week showed a mixed signal – but the value this week contributes as a potential starter. The new week for Bitcoin starts with budding figures of $5183 against US Dollar, quite closer to $5200. Besides Bitcoin, Ethereum also begins the week with 3.05 percent growth over the past 24 hours and presently trades at near $170 against US Dollar.
Also Read: How To Prove the Real Identity of Satoshi Nakamoto, the Creator of Bitcoin? CZ Suggests
Together with BTC and ETH, an escalating drive can also be seen around other altcoins – nonetheless, BCH with 9.02%, Litecoin with 7.70% and Tezos with 19.00% (over the past 24 hours, respectively) are the top gainers among the 20 largest cryptocurrencies in terms of market capitalization.
However, the specific reasons that influenced the prices of all major cryptocurrencies might not be determined but it is worth to note that the growth in the value of crowning cryptocurrency, Bitcoin will influence the value of other altcoins.
Additionally, while BTC constantly striving to rise, famous figures in the crypto industry are busy talking bearish on Bitcoin in the near future.
As such, Arthur Hayes, CEO of the largest cryptocurrency exchange, BitMEX has recently been interviewed wherein he expresses his opinion of Bitcoin’s value in the next 2-3 years. In a podcast, Mr. Hayes states that in the near future, Bitcoin could reach up to $50000. Moreover, he also cut it down in the form of years and notes that it could have a $10000 figure by the end of the year 2019.
Do you think today’s uptrend graph continues to develop? Let us know in the comment below 
The post Is Bull Continued? Crypto Market Rallies Exciting with BTC above $5100 and Altcoins On Bull Run appeared first on Coingape.
Source: CoinGape

Top Gainers: Tezos [XTZ], Bitcoin Cash [BCH] and Litecoin [LTC] surge as collective market turns green

Bitcoin’s [BTC] early-April price rally met its first obstacle last week when a market correction dragged the top coin below $5,200 and the global coin market cap under $180 billion. Now, it seems like the bears have backed off, with the market trading in green with a few coins spearheading the bullish charge.
Source: Trading View
Tezos [XTZ], was the only coin that amassed a double-digit increase, while its competitors edged the US dollar minimally. Closing the previous week on a high, the 16 largest cryptocurrencies had a slew of announcements that contributed to the rise. Tezos’ Athens second round of voting was complete, node management improved, data fetching was updated via Conseil and the Tezos board saw a restructuring.
During the weekend, Tezos saw a massive increase in its price from $0.96 by 16.66 percent to break $1 ceiling and reach $1.12, within nine hours. The same period saw a massive $150 million top-up to the Tezos market capitalization. Given this rapid and massive rise, the coin overtook both Neo [NEO] and Ethereum Classic [ETC] on the coin ladder.
Gate.io takes the top spot in terms of XTZ trade volume, accounting for 17.98 percent of global trade via the trading pair XTZ/USDT. Other notable exchanges on the list are BitMax, Bitfinex, and Kraken.
Source: Trading View
Bitcoin Cash, has been riding a bullish wave isolated from the collective market surge, which has allowed the BTC hard fork to jump two spots ahead, overtaking EOS [EOS], and Litecoin [LTC]. Last week, the Singapore exchange Huobi integrated Bitcoin Cash on the exchange’s derivative market allowing investors to take a short or long position with the crypto. This addition saw BCH join the likes of BTC, Ethereum [ETH], Litecoin, EOS, and XRP, on Huobi DM.
The price of BCH, which is already enjoying quite an upswing was further buoyed by the aforementioned announcement. Beginning at 0500 UTC on April 14, the price began to move from $278 and was rising by 8.63 percent to break the $300 barrier. The market cap of the coin added over $500 million since the rise began, increasing the lead on Litecoin. As things stand, BCH edged up the dollar by 9.5 percent in a 24-hour window.
OEX takes the top spot in terms of BCH trade volume, accounting for 16.17 percent of the global volume via the BCH/USDT trading pair. Other prominent exchanges on the list are OKEx, CoinBene, and Huobi Global.
Source: Trading View
Digital Silver trailed Bitcoin Cash and Tezos by exhibiting a 7.95 percent gain against the dollar. Litecoin saw its highest hash rate achieved on April 8 at 359 terahash and with the imminent August halving in mind, the coin’s price surged. Interestingly, last week also saw a major correction for the coin, dropping by 18 percent, prior to the weekend’s gains.
Litecoin, unlike the other coins, is merely looking to get back to the bullish days of April 11, when the correction struck. Owing to that resurgence, the coin saw a price push of 5.89 percent to reach $83.72 within a five-hour period. The market cap of the coin added over $200 million, but still trails Bitcoin Cash by over $250 million.
Coinall accounts for 8.63 percent of the global LTC trade volume via the trading pair LTC/BTC. Other prominent exchanges on the list are Coineal, Bit-Z, and OKEx.
The post Top Gainers: Tezos [XTZ], Bitcoin Cash [BCH] and Litecoin [LTC] surge as collective market turns green appeared first on AMBCrypto.
Source: AMB Crypto

Litecoin [LTC] halving would be more bullish for Bitcoin [BTC] than LTC, says Tone Vays

Litecoin [LTC], the silver counterpart of Bitcoin [BTC] is considered as one of the most dominant altcoins. The coin is scheduled for a block reward halving on August 6, 2019.
After a particular halving, the virtual asset is supposed to witness a bullish trend. However, Tone Vays believes that Litecoin [LTC] halving will be bearish for the altcoin’s future.
At a recent meet up held in Philadelphia, Tony Vays was asked to express his views on the LTC halving. Vays stated that it would be entirely bearish for Litecoin and would be particularly bullish for Bitcoin [BTC].
He explained his statement and said that Bitcoin [BTC] halving usually reminded miners of scarcity. The scarcity factor usually drives up the value factor of a virtual asset, which makes it more profitable for the miners to mine.
Tony Vays stated,
“In the case of Litecoin [LTC], the scarcity is not a major factor because Litecoin is unsecured inflation on top of Bitcoin.”
Additionally, Tone Vays stated that Litecoin [LTC] had more competitors in the market compared to the dominant Bitcoin [BTC]. He mentioned that Litecoin halving should remind the industry that there was no value to mine Litecoin [LTC] in the current market. On the contrary, he believes that Bitcoin [BTC] halving will create opportunities for miners to find more valuable Bitcoins.
Tony Vays said,
“Litecoin is easily replaceable, so investing a lot of money in Litecoin mining infrastructure only to watch Litecoin disappear in the halving is a problem. Hence, halving is a major problem for Altcoins but, not necessarily for Bitcoin.”
He added that the bullish trend after the Litecoin [LTC] halving would not drive Bitcoin’s [BTC] price valuation through any major highs, but would still play a crucial role.
The post Litecoin [LTC] halving would be more bullish for Bitcoin [BTC] than LTC, says Tone Vays appeared first on AMBCrypto.
Source: AMB Crypto

World’s Fifth Largest Bank Confirms Launch of MUFG Coin for 2019

Coinspeaker
World’s Fifth Largest Bank Confirms Launch of MUFG Coin for 2019
After months of speculation about its proposed release date, Japan’s largest bank, Mitsubishi UFJ Financial Group Inc. has finally announced plans to launch its long-awaited in-house digital currency.
World’s Fifth Largest Bank Confirms Launch of MUFG Coin for 2019

Continue reading at Coinspeaker
Source: CoinSpeaker

Craig Wright Sends Out ‘Law Suit’ Letters to Those Who Claim He’s Not Satoshi

Coinspeaker
Craig Wright Sends Out ‘Law Suit’ Letters to Those Who Claim He’s Not Satoshi
Crypto blogger Peter McCormack received a lawsuit letter from Craig Wright for causing “serious harm” to his reputation.Wright had earlier threatened Hodlnaut, the person behind the lightning torch, with legal action for calling him a “fraudster.”
Craig Wright Sends Out ‘Law Suit’ Letters to Those Who Claim He’s Not Satoshi

Continue reading at Coinspeaker
Source: CoinSpeaker

Monero’s [XMR] Riccardo Spagni gives insight into Bitcoin and Monero’s supply

Samson Mow, the CSO of Blockstream, recently spoke about Blockstream’s Green wallet, on the latest episode of Magical Crypto Friends. Magical Crypto Friends is a series where Samson Mow, Riccardo Spagni, core developer of Monero, WhalePanda, a Bitcoin proponent, and Charlie Lee, Creator of Litecoin, discuss the events surrounding the cryptocurrency space.
Mow stated that Green Wallet was basically a re-brand of Blockstream’s Green Address, which is known for 2-of-2 multi-sig. He further stated that there would be a second factor that authorizes every transaction, adding that the second key would be held by the Green Address server. He said,
“[…] you’ll get an email or phone call or SMS or you have to use Google Authenticator or any authenticator app to hit okay before your transaction goes through. but, also there’s a lot of other cool stuff you can speed up transactions using replaced by fee […] and you can control the fees you pay to it’s much more granular than other wallets
Mow went on to state,
“[…] you have a velocity limits for spending as well but it’s like are really really secure wallet that you can use to travel around and manage your bitcoins on the go you can plug in hardware wallets to it as well […]”
This was followed by Riccardo Spagni addressing the question of which one is better, fixed coin supply or flexible supply, with respect to Bitcoin and Monero. To this, Spagni stated that Monero has a minimum block reward, adding that when this happens, it stays the same forever. He said,
“[…] what that basically means is when it gets to the minimum block reward that we’re talking about 0.8 percent inflation annually but because the minimum block reward is fixed that decreases over time so it’s 0.8 percent the first year then the next year it’s like a 0.76 percent […]”
He further stated that in terms of which one was better, if there were three options, inflationary, deflationary, and dis-inflationary, it would entirely depend on the design. He said,
“I think inflationary is always bad for the most part. I think dis-inflationary is a reasonable middle ground that gives you, if you’re not if you’re designing for digital currency and not digital gold then dis-inflationary is not a bad model. it’s the model the Monero users and I don’t think it’s terrible. if you’re designing for digital gold it has to be deflationary”

The post Monero’s [XMR] Riccardo Spagni gives insight into Bitcoin and Monero’s supply appeared first on AMBCrypto.
Source: AMB Crypto