BitHarp launches latest mining rigs, Lyre Miner and Harp Miner

BitHarp, a renowned manufacturer announced new mining rigs Lyre Miner and Harp Miner. These newly introduced mining rigs promise to deliver high-performance along with the advanced features aimed at reducing electricity consumption and improved usage capabilities for miners. The first mining rig Harp Miner, a Direct Liquid Cooling [DLC] rig, is built for delivering maximum […]
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Source: AMB Crypto

Bitcoin’s price may remain dormant before halving but research suggests coin to peak after

It’s no secret that Bitcoin halving is supposed to take place in 2020 and according to several experts, price is expected to rise right before the halving, as it happened before its first and second halving in 2012 and 2016, respectively. However, this might not be true. According to research by Strix Leviathan, there was “no […]
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Source: AMB Crypto

Bitcoin may hit all-time-high if equity markets hit all-time high

The narrative around Bitcoin has changed a lot of times in 2019. From its gains being correlated to trade, geopolitical tensions to its potential as a safe haven due to its decentralized nature, the largest asset has been the topic of discussion frequently. Thomas Lee, co-founder of Fundstrat Global Advisors, discussed significant macro factors which […]
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Source: AMB Crypto

Bitcoin shorts made simpler as Tagomi introduces new borrow and lend platform

Cryptocurrencies are based on a highly volatile market. Price fluctuations take place within a small window of time, and investors face a major task on timely shorting or longing their trade on these assets. Tagomi, a digital asset brokerage institution announced that they had addressed the problem at press time by launching a lending and […]
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Source: AMB Crypto

XRP built for practical use case to solve inefficiencies in legacy banking systems, says Ripple exec

“We do not see crypto as replacing fiat.” Breanne Madigan, Head of Global Institutional Market at Ripple said at The OECD Global Blockchain Policy Forum 2019. In the finance session, Madigan stated that Ripple was inclined toward interoperability and that “replacing fiat” was not their goal. The Ripple exec said, “We see opportunities for the […]
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Source: AMB Crypto

Crypto Adoption: NBA Player All Set To Tokenize His Million Dollar Contract

Brooklyn Nets guard Spencer Dinwiddie is all game to play with the digital economy. Dinwiddie is converting his multi-million dollar contract into a digital token.
Dinwiddie to Tokenize His Million-Dollar Contract
Per leading media outlet Athletic, Dinwiddie plans to convert his $34.36 million contracts into a digital token. Subsequently, he plans to use it as collateral to raise capital. With this securitization, Dinwiddie would receive a smaller payment in a lump sum. With this lump sum amount, he can then invest in a currency that exists as a digital currency. 
“In a securitization, the borrower gives up some future income in return for a smaller lump sum payment. But the borrower, in this case, Dinwiddie, then has more money to immediately invest than he otherwise would.
Further, Dinwiddie has also put up a spin on crypto by tweeting “BTC” to his followers. His tweet garnered positive responses from the crypto community and got an interesting response from the leading exchange, Binance. 
 
Source-Twitter
Dinwiddie’s Interest in Crypto is Not New
Dinwiddie has always been vocal about his positive stance on crypto, Last October, he affirmed that he had thousands of dollars worth assets in Bitcoin. 
“If I would’ve gone all-in, boy, I’d be loaded right now. I’d be rolling in it,”
he said at the time.
Further, reports suggest, Dinwiddie took the plunge in the crypto world before it reached the masses. While only a few NBA players still hold assets in Bitcoin, Dinwiddie is a forward thinker. He is not the standard NBA crypto investor, while most of the players became keen on holding Bitcoin, Dinwiddie considers it to be “Vegas deals”- staking a few thousand dollars and then hoping for the best possible scenario. 
In this case scenario, Dinwiddie made its way out of the league. Interestingly, NBA players are leading businessmen and they include LeBron James, Kevin Durant, Andre Iguodala. However, in most cases, their investments are secondary. 
 
The post Crypto Adoption: NBA Player All Set To Tokenize His Million Dollar Contract appeared first on Coingape.
Source: CoinGape

Ethereum, Litecoin, Tron, Monero, Cardano Price Analysis: 13/09

After consolidating low in the charts for the past couple months, major altcoins were moving in a direction which could revive some of its early-year optimism. Bitcoin dominance was still above 70 percent at press time, as alts tried to make a comeback in the market. However, the surge may not prevail in the near […]
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Source: AMB Crypto

London Police arrests a teen on suspicion of stealing unreleased music and selling it for cryptocurrencies

City of London Police Intellectual Property Crime Unit (PIPCU) and Manhattan D.A’s office arrested a suspected hacker for allegedly hacking into a world-famous recording artist’s websites and cloud-based accounts illegally. The suspected hacker allegedly stole the artist’s unreleased songs and sold it in exchange for cryptocurrencies according to a report by the official PIPCU website. […]
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Source: AMB Crypto

Bitcoin begins consolidation after a break from a bullish pattern

On a macro scale, Bitcoin has been consolidating for over 2 months; however, a much lower timeframe of 1 to 4 hour indicates that Bitcoin broke bullish after more than 3 days of descent. The price of Bitcoin tapped a higher $9,800 level and broke out of a falling wedge. The price rose by 5.41%, […]
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Source: AMB Crypto

SmileDirectClub Shares Go Down 28% below Their IPO Price

Coinspeaker
SmileDirectClub Shares Go Down 28% below Their IPO Price
Teeth-straightening provider SmileDirectClub late Wednesday announced that its class A shares were priced at $23 a share, slightly above the $19- to $22-a-share range it had said it would be targeting. But yesterday its shares went down.
SmileDirectClub Shares Go Down 28% below Their IPO Price

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Source: CoinSpeaker

There Are Many Requests from Interested Members, said Libra Association Director

Coinspeaker
There Are Many Requests from Interested Members, said Libra Association Director
The Libra Association director granted an interview with a French news firm where he gave a bit more insight into the progress made so far including that the Libra will launch by the second half of 2020 with many members as well.
There Are Many Requests from Interested Members, said Libra Association Director

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Source: CoinSpeaker

Dash Launching on Coinbase Pro Cryptocurrency Exchange

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Dash Launching on Coinbase Pro Cryptocurrency Exchange
The announcement of Dash’s impending listing on Coinbase Pro comes slightly over a month after an announcement that the platform was exploring the addition of eight new digital assets.
Dash Launching on Coinbase Pro Cryptocurrency Exchange

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Source: CoinSpeaker

CME Group Seeks CFTC Permission to Double Its Bitcoin Futures Trading Cap

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CME Group Seeks CFTC Permission to Double Its Bitcoin Futures Trading Cap
Citing massive open positions and interest for its Bitcoin futures contracts, CME Group requested CFTC to double the limit of monthly contracts traded.
CME Group Seeks CFTC Permission to Double Its Bitcoin Futures Trading Cap

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Source: CoinSpeaker

BnkToTheFuture Invents the Future by Going into Security Token Offerings

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BnkToTheFuture Invents the Future by Going into Security Token Offerings
BnkToTheFuture expects a bright future for the STO market. The company is going to offer a shared security token advisory and investment service.
BnkToTheFuture Invents the Future by Going into Security Token Offerings

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Source: CoinSpeaker

Tether facilitates $417k worth of transactions on ETH network as USDT continues to clog Ethereum

A Redditor recently complained about pending transactions on the blockchain by stating that the pending period was past 10 hours and at press time, all the fingers were pointed toward Tether for network congestion. As reported earlier, Ethereum’s blockchain was suffering from a case of network saturation. The blocks were adding up and Vitalik Buterin […]
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Source: AMB Crypto