Binance Chain’s first project Mithril to launch with MITH/USDT trading pair

Binance launched its blockchain protocol on April 18 and it already has its first project launch on its network. Mithril, a decentralized social media platform will migrate to Binance Chain. The company’s MITH token, that ranks 121st on CoinMarketCap will transfer from ERC20 to Binance’s BEP2 standard.
Binance Chain has been a highly anticipated project in the crypto world since its announcement and with its launch, the community provided ample support to the move. According to reports, Binance is luring companies into migrating to their new native chain and leave Ethereum.
According to Mithril’s blog post, the migration commenced after the mainnet launch of the Binance Chain and informed the MITH holders that the deposit and withdrawals on Binance.com will be halted for the initial 12-hour migration period, however, trading will continue. The post added:
“Once the initial migration of ERC20-based MITH to BEP2 MITH is complete, Binance users will be able to withdraw MITH to BEP2 wallets, such as the Ledger Nano S, and begin trading on Binance DEX. ERC20 versions of MITH held in private ETH wallets or on other exchanges will not be impacted.”
As Mithril announced about its migration to Binance chain, the price of MITH, Mithril’s native coin saw a surge. The coin also saw a 70% hike,  followed by a market correction. At press time, MITH was valued at $0.0782 with a market cap of $40 million. The 24-hour trading volume of the coin was $108 million as it pumped by 67.10% over the past day. In the past seven days, the coin noted a surge of a massive 81.47%, which started to dip by 0.84% over the past hour.
Following the addition of the project, Binance announced the listing of MITH/USDT trading pair, which will start trading on April 19, 10 AM UTC.
The post Binance Chain’s first project Mithril to launch with MITH/USDT trading pair appeared first on AMBCrypto.
Source: AMB Crypto

US Crypto Enthusiasts Should Vote for Andrew Yang in 2020, and Here’s Why

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US Crypto Enthusiasts Should Vote for Andrew Yang in 2020, and Here’s Why
Andrew Yang, a United States Democratic presidential candidate for the 2020 elections, advocates for clearer crypto regulation and Bitcoin adoption.
US Crypto Enthusiasts Should Vote for Andrew Yang in 2020, and Here’s Why

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Source: CoinSpeaker

XRP Price Analysis: XRP/USD Remains Near $0.32, Targets $0.31

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XRP Price Analysis: XRP/USD Remains Near $0.32, Targets $0.31
Further increase in Bears’ pressure will return the coin back to its previous low at $0.31 price level. In case the demand level of $0.32 holds, the Bulls will push up the XRP price and target the supply level of $0.35.
XRP Price Analysis: XRP/USD Remains Near $0.32, Targets $0.31

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Source: CoinSpeaker

VC Firms are Pouring Huge Money in Crypto Starups, Coinbase Unveils 2018 Earning

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VC Firms are Pouring Huge Money in Crypto Starups, Coinbase Unveils 2018 Earning
The latest Reuters report suggests that big organizations are investing heavily in startups developing protocols and services for the crypto and blockchain sector.
VC Firms are Pouring Huge Money in Crypto Starups, Coinbase Unveils 2018 Earning

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Source: CoinSpeaker

Initial Exchange Offerings: 3 Upcoming Projects to Watch Right Now

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Initial Exchange Offerings: 3 Upcoming Projects to Watch Right Now
As IEOs are becoming more and more prevalent holding the potential of replacing ICOs as the most popular fundraising model, you might ask “which are the ones worth watching?”. Here’re three IEO projects you should keep an eye on right now.
Initial Exchange Offerings: 3 Upcoming Projects to Watch Right Now

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Source: CoinSpeaker

Brave Rewards launches in latest version of Brave for Android

Brave Browser, an open-source web browser based on the Chromium web browser, and its utility token, BAT has been making headlines with updates pertaining to the project’s development and the token’s price surge. Now, the project is back in the limelight with the launch of Brave Rewards in the latest version of Brave for Android.
Additionally, to commemorate this event, the team announced that it would be granting 100,000 BAT to Brave Android users, in an official blog post. According to the post, each BAT token will be worth around $5, and users can receive it by clicking on the “accept button in Brave Rewards”.
Source: Brave
Bat-chriscat said on Reddit,

“Just to be clear, this particular release on Android includes the Tipping feature, but not the Ads (earning) feature just yet. However, it now exposes the BAT token symbol and idea of BAT (in the URL bar) to millions upon millions of Android Brave users.”

Moreover, the Founder of Brave, Brendan Eich, recently spoke about how Brave generates revenue and the future of the project, in an interview with Fast Company. He stated that they would be doing ads that would be privately matched by the browser, based on the user’s interest.
“and puts them in the place that the publisher has arranged for us to have an ad. The ads are static […] they won’t look like these crazy flyover ads. But it will allow publishers to get the big revenue share”
He stated that,
“We give 70% to the owner of the ad space. And then we get the same 15% that we give to the user. That’s why we use the triangle logo–you have users, advertisers, and publishers. This is something that hasn’t been fully tried. It’s complex. So it’s a multi-year mission.”
The post Brave Rewards launches in latest version of Brave for Android appeared first on AMBCrypto.
Source: AMB Crypto

SegWit and CoinDeal: Lower Fees on Bitcoin Transactions

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SegWit and CoinDeal: Lower Fees on Bitcoin Transactions
To allow its clients to pay less for Bitcoin transactions, CoinDeal offers them to use Bech32 (SegWit Native) addresses.
SegWit and CoinDeal: Lower Fees on Bitcoin Transactions

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Source: CoinSpeaker

Altcoin Trader: Alt Market Cap Shows Longest Accumulation Phase Yet

Over the last few months, crypto traders and analysts have been ranting and raving about an apparent alt season, that saw the price of many altcoins double in value. It wasn’t until Bitcoin’s recent rally that the alt season was stopped in its tracked.
However, according to one experienced altcoin trader and author, altcoins are still in an accumulation phase – the longest accumulation phase yet for altcoins – which suggests a markup phase may be around the corner.
Altcoin Market Accumulation Phase Continues, Longest on Record
Since the start of 2019, various altcoins, front run by a Litecoin rally, have painted double digit gains. Many have gone on to outright double in value in just a few short weeks after breaking out of downtrend resistance.
The surge in pricing across low-,mid-, and high-cap altcoins has caused many to claim that an alt season was in full effect. Even Google Trends data showed a surge in interest in Bitcoin’s brethren.
Related Reading | 2019 Crypto Alt Season Kicks Off With Over 20 Altcoins Doubling in Value 
However, a new chart shared by experienced altcoin trader and author of the Altcoin Trader’s Handbook, Nik Patel, suggests that the altcoin market cap is still entrenched in an accumulation phase. The current accumulation phase, according to the chart, which covers off on the last five years of total altcoin valuations by market cap, is the longest on record lasting 260 days.

Just an observation on ALTBTC accumulation over the past five years: pic.twitter.com/Y2b9WWLoUr
— Nik Patel (@cointradernik) April 17, 2019

Prior to the current accumulation cycle, the previous one occurred in late 2016 and early 2017, lasting for 108 days. The surge helped create the crypto hype bubble that popped in late 2017, and created a deep correction that turned into the longest bear market in history.
Alt Season Hasn’t Started Yet, Mark Up Comes After Accumulation
If the altcoin market truly is in the accumulation phase still, despite many skyrocketing in value, what comes next might stun the world in terms of profit-generating growth.

So longest alts accumulation in history! Are you leaning towards biggest altseason we have ever seen later this year?
— Ansh B (@manofaction_ab) April 17, 2019

Accumulation phases often occur when “smart money” – as it’s called – begins investing in an asset during the peaks of selloffs, or when “blood is in the streets,” as the late Baron Rothschild would say.
Following most accumulation phases, comes a mark up phase, where the value of the asset increases significantly. Once the price of the asset has grown enough, a phase of distribution, or selling of the asset, will take place.
Related Reading | Altcoin Season Is Here, But What’s That Mean for Bitcoin (BTC) Dominance?
Should the mark up phase not even have happened yet, the glimmer of an alt season we’ve witnessed thus far will be little more than a flash in the pan in comparison. But it all hinges on what Bitcoin decides to do, as the altcoin market cap appears to be held back by Bitcoin dominance. Bitcoin dominance was close to falling below 50% for the first time in 2019, however, the recent Bitcoin rally caused dominance to surge, and altcoins to fall.
Featured image from Shutterstock
The post Altcoin Trader: Alt Market Cap Shows Longest Accumulation Phase Yet appeared first on NewsBTC.
Source: New feedNewsBTC.com

Coinbase expands to India, South Korea, New Zealand and 8 other countries by launching crypto-to-crypto trading services

Coinbase, a leading cryptocurrency exchange platform, announced that it has expanded its crypto-to-crypto trading service in 11 more countries, on its official blog. With the addition of these new countries, the reach of Coinbase has expanded to a total of 53 countries.
According to the blog post, Coinbase has opened its trading door for cryptocurrency enthusiasts in India, Mexico, New Zealand, South Korea, Indonesia, Hong Kong, Phillippines, Chile, Columbia, Peru, and Argentina. Users will be able to avail crypto-to-crypto trading services such as buying and selling crypto on Coinbase Pro and Coinbase.com. In addition, customers can also buy and sell cryptocurrencies via the Coinbase app available on iOS and Android.
The official announcement read,
“Direct trading between cryptos is increasingly the new norm and in the last year has overtaken traditional fiat to crypto trading across the globe. Millions of Coinbase customers can now securely and quickly trade between different cryptos and send crypto off-platform at their convenience.”
More so, the blog stated that this was a part of the exchange’s mission of “creating an open financial system for the world”. It also stated that the cryptocurrency space is shifting from the “investment phase” to the “utility phase”, which would pave the path for new use cases. It further stated,
“This could take the form of decentralized versions of traditional financial services like lending or micropayments or truly novel crypto applications that no one has even thought of yet. The ability to convert from one crypto to another will form the backbone of this new decentralized economy.”
This news is extremely important for India’s crypto-community. This is mainly because of the ban placed by the Reserve Bank of India, the Central bank. Last year, the bank released a circular barring all the banks regulated by the central bank from associating with individuals and businesses involved with virtual currencies.
Due to the ban, some major local exchanges such as Zebpay had to shut down its operations. Even though Coinbase is providing only crypto-to-crypto trading, this does act as one of the most significant moments for the Indian crypto-community.
Along with this, the exchange also announced that its customers will be able to trade Augur [REP], one of the leading cryptocurrencies in the space, beginning today. Notably, this trading service will not be available immediately for customers in New York. The trade will be live on Coinbase.com and Coinbase app on iOS and Android.
The post Coinbase expands to India, South Korea, New Zealand and 8 other countries by launching crypto-to-crypto trading services appeared first on AMBCrypto.
Source: AMB Crypto

Rakuten’s New Cryptocurrency Exchange Opens Its Doors to First Clients

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Rakuten’s New Cryptocurrency Exchange Opens Its Doors to First Clients
Rakuten has announced the start of registration for its crypto trading service Rakuten Wallet that will be launched this summer.
Rakuten’s New Cryptocurrency Exchange Opens Its Doors to First Clients

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Source: CoinSpeaker

Newton Project Set to Open Global Economy for Everyone

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Newton Project Set to Open Global Economy for Everyone
The Newton project is building the community economy that will provide everyone with opportunities to get benefits from economic growth.
Newton Project Set to Open Global Economy for Everyone

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Source: CoinSpeaker

eToro Launches eToroX Exchange and 8 Custom Stablecoins

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eToro Launches eToroX Exchange and 8 Custom Stablecoins
Israeli-based social trading platform eToro has launched eToroX, a fully regulated crypto exchange. eToroX debuts with half-a-dozen top cryptocurrencies and eight fiat currency-backed stablecoins, the latter of which are now open-source.
eToro Launches eToroX Exchange and 8 Custom Stablecoins

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Source: CoinSpeaker

#delistbsv: Kraken Joins ShapeShift, Binance and Others Saying Goodbye to Bitcoin SV

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#delistbsv: Kraken Joins ShapeShift, Binance and Others Saying Goodbye to Bitcoin SV
Kraken will disable BSV deposits on April 22, trading will be ceased for all trading pairs on April 29th and, finally, withdrawals will be disabled on May 31st.
#delistbsv: Kraken Joins ShapeShift, Binance and Others Saying Goodbye to Bitcoin SV

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Source: CoinSpeaker

Is John McAfee among crypto adherents who knows Satoshi’s true identity?

John McAfee, the cyber-security genius, assured that Craig Wright was not Satoshi Nakamoto and in a shocking turn of events mentioned that there were a few people who knew the true identity of Satoshi Nakamoto.
John McAfee’s tweet read:
“Enough is enough! There at least a dozen crypto adherents who know the true identity of Satoshi. I can assure you, 100%, it is NOT Craig Wright. This absurd claim of Craig’s is incomprehensible. Mr wright: Have you no shame? Seriously sir! Have you no shame?”
Craig Wright has been raining lawsuits on Bitcoin enthusiasts who allegedly ridiculed him and claimed that he was not Satoshi Nakamoto. The string of lawsuits that began with Hodlonaut (and still continuing) brought the crypto-space together. Moreover, this also led CZ, the CEO of Binance, to delist Bitcoin SV, a fork of Bitcoin Cash, supported by Calvin Ayre and Craig Wright.
While some prominent people in the community “trolled” the incidents that occurred, others in the crypto-sphere gave their opinions on – if Craig Wright was Satoshi Nakamoto or not. McAfee was one among the latter, as he mentioned that there “at least a dozen crypto adherents” who knew Satoshi Nakamoto’s identity.
In addition, McAfee assured that Craig Wright wasn’t Satoshi Nakamoto. He said that he was “100% sure” about this matter, which leads to another question: Is John McAfee be one among the “dozen crypto adherents” who knows the identity of Satoshi Nakamoto?
Curious Twitter users asked if actually knew the identity and asked him to divulge the information. A Twitter user @bobchain_crypto tweeted:
“Do you know? Tell us!!!”
McAfee replied:
“Please. Get real. Satoshi has remained anonymous all these years and you expect someone to just tell you??? Surely that was not a serious statement.”
The post Is John McAfee among crypto adherents who knows Satoshi’s true identity? appeared first on AMBCrypto.
Source: AMB Crypto

Bitcoin SV [BSV] delisting continues as several exchanges follow Binance to oust coin

The domino effect was in full swing, as Binance’s Bitcoin SV [BSV] delisting buoyed several exchanges to follow suit. The now 14th largest cryptocurrency in the market had a disastrous start to the week, with a slew of de-platforming announcements spelling a bearish wave.
A mere three hours after Binance’s announcement, Shapeshift’s CEO Erik Voorhees announced that BSV would be delisted from their services, followed by a Kraken pool hinting at delisting and pulling the trigger less than a day later. Since then, several cryptocurrency platforms have joined the delisting brigade.
The Hong Kong exchange Bitforex, took the cautionary Kraken approach, putting out a pool to gauge public sentiment before delisting the coin. Bitforex stated that if the majority voted in favor of delisting, the exchange would pull the trigger. After over 50,000 votes, over 55 percent of the respondents were in favor of the delisting, which now looks imminent.
Bitrue, the California-based exchange announced that it will also show the door to the Bitcoin Cash [BCH] hardfork, stating via a tweet:
“To preserve our integrity & community trust, we will delist $BCHSV before it causes trouble and destroys more confidence in the crypto space!
$BCHSV will be delisted within 24hrs. Withdrawals will be kept open @BitrueOfficial .”
The UK-based cryptocurrency trading platform Bittylicious announced on April 16 that Bitcoin SV will be off-loaded from their services as well. Besides the “low volumes” of the coin, the platform pegged the “toxic litigious environment” that its proponents created as the main reason for the delisting.
Other platforms to hint at a possible Bitcoin SV delisting from their services were bitcoinrewards.com and Cryptoradar.
The delisting dilemma has seen the price of Bitcoin SV plummet by over 20 percent after the Binance announcement. The coin fell two spots on the global coin ladder, allowing Monero [XMR] and Dash [DASH] to surge ahead.
On the bright side, if there is one, Satoshi’s Vision did foresee delisting on the horizon, particularly after CZ’s “Anymore of this sh!t, we delist,” tweet, and came up with a back-up. A “Bitcoin SV based exchange” named FloatSV was launched, in partnership with OKEx, based on an April 12 announcement, a day after the aforementioned CZ tweet.
The post Bitcoin SV [BSV] delisting continues as several exchanges follow Binance to oust coin appeared first on AMBCrypto.
Source: AMB Crypto