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Bitcoin (BTC) Registers Yearly Peak of Transactions

The Bitcoin (BTC) network marked a 12-month peak for transaction levels on Friday, carrying more than 366,000 in 24 hours. Blocktivity reported a higher number, but the inclusion of UTXO transfers essentially doubled the number without adding economic value. Bitcoin transactions had fallen to lows around 280,000 in 24 hours, …

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Monero Protocol Upgrade Thwarts all Current ASIC Mining Attempts

Any finance-oriented industry will need to undergo constant development, changes, and face new competitors. In the cryptocurrency world, that situation is no different, although things are done a bit differently. Monero, one of the more popular altcoins, has undergone another major fork, which makes the project further ASIC-resistant and privacy-oriented. …

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Stellar Lumen (XLM) Price Rally Could Extend To $0.1100

Stellar lumen price rallied recently above the $0.1000 resistance area against the US Dollar. XLM price formed a strong support near the $0.0800 level before climbing higher. There was a break above a crucial bearish trend line with resistance at $0.0845 on the 4-hours chart (data feed via Kraken). The …

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Ripple Price Analysis: XRP Approaching Next Significant Break

Ripple price struggled to break the $0.3300 and $0.3250 resistance levels against the US dollar. There were many rejections noted near the $0.3250 resistance area. There is a significant contracting triangle formed with resistance near $0.3240 and $0.3265 on the 4-hours chart of the XRP/USD pair (data source from Poloniex). …

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Crypto Mixed; Fidelity Digital Asset Goes Live

Investing.com – Major cryptocurrencies stayed largely unchanged as the week opened in Asia, with slight price movements in both directions. On Monday morning, Bitcoin gained 0.19% to $3,930.3 by 10:24 PM ET (03:24 AM GMT). The coin is edging up to test the $4,000 level after recovering from a dive to …

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U.S. calls ‘OneCoin’ huge pyramid scheme, charges leaders

By Jonathan Stempel NEW YORK (Reuters) – U.S. authorities on Friday announced criminal charges against the alleged leaders of an multibillion-dollar pyramid scheme involving the sale of a fraudulent cryptocurrency, OneCoin. Konstantin Ignatov, who runs OneCoin Ltd, and his older sister Ruja Ignatova, who co-founded OneCoin and is known as …

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Dogecoin Price Could Drop Below 50 Satoshi This Weekend

It remains to be seen what the coming weekend will offer for the top cryptocurrency markets. A lot of uneasy momentum has materialized in the past few hours, which usually doesn’t bode well for the coming days. When even the Dogecoin price is turning a bit more bearish than it …

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North American Seafood Firm to Use Blockchain Tech in Supply Chain

North America’s largest branded shelf-stable seafood firm Bumble Bee Foods has launched a blockchain platform for seafood traceability. The project was created in collaboration with German tech company SAP specializing in enterprise software, according to a press release on March 8. Based on SAP Cloud Platform Blockchain service, the new …

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Singapore Launches Pilot of TradeTrust Blockchain Shipping Initiative

The Singapore government will press ahead with a pilot of its blockchain-based maritime trade platform TradeTrust through an official partnership, trade news outlet Asia Middle East Maritime Focus reported on March 7. TradeTrust, which aims to leverage blockchain to streamline complex manual processes involved in international shipping, will first focus …

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Swissquote Banking Group to Launch Crypto Custody in Late March

Swiss banking group Swissquote has revealed its plans to launch crypto custody services in late March, according to the company’s 2018 business results report, published on March 8. According to the report, the company has been trading five major cryptocurrencies since 2017 and is now introducing a crypto custody service. …

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