Kin Asset Plunges 30% As Kik Project Gets Sued By SEC The latter half of 2018 saw the U.S.Securities and Exchange Commission (SEC) look into multiple initial coin offerings (ICOs) and their registrations, or lack thereof.On June 4, 2019 the Commission announced the suing of popular project Kik.The Kin asset has also plunged in value.At press time, the Kin token is down… Ripple Price Analysis: XRP Plunges Toward 200EMA Support As Bulls Failed To Claim $0.29 XRP rolled over and dropped by 3% over the past 24 hours to bring the price for the coin down to $0.266.It is now battling to stay above the 200-days EMA and to remain over the ascending trend line.The cryptocurrency broke beneath major support at 2800 SATS against BTC.Key Support & Resistance… Ripple XRP Price Analysis Nov.19: Ripple as a hedge against Bitcoin To summarize, XRP is bearish against the USD, despite being a hedge for Bitcoin.
Against the leading cryptocurrency, Ripple looks bullish and just recently surpassed Ethereum as the second largest crypto.XRP-USD Market The XRP market is moving in a downward direction following high seller’s volume.
A breakout may occur above $0.55 resistance level should… DeFi Horror Continues: Factom-Based Network PegNet 51% Attacked, $6.7M Worth Of Stablecoins Falsified A group of miners controlling 70% of the decentralized network PegNet hash rate manipulated the price of a Japanese Yen-pegged stablecoin dubbed pJPY.By submitting false data, they managed to artificially inflate a wallet balance of $11 up to $6.7 million but couldn’t liquidate the assets later.Miners Manipulate A Stablecoin’s Price Built on top… Google Relocates Business From A BPO After Employees Caught In A BTC Scam After receiving a confirmation that a few employees of the Cebu operations of BPO firm Sykes have engaged in Bitcoin scams, the American tech giant Google has pulled out outsourcing business from the Philippines-based company branch.Google Pulls Out After A BTC-related Scam The business process outsourcing (BPO) company Sykes confirmed earlier this month that… US SEC Delays Decision on Direxion Bitcoin ETF Until September Investment firm Direxion has had the review of its Bitcoin exchange-traded fund (ETF) application postponed until September 21.The news about the delay comes from an official document released by the U.S.
Government Publishing Office July 24.An announcement from the U.S.Securities and Exchange Commission (SEC) said it was “appropriate” to delay its decision,… Kyber Network (KNC) Price Skyrockets 28% Today, Here Is Why Kyber Network’s native token KNC has extended the aggressive rally that started to accelerate at the end of June.On Friday alone, the token has gained over 27% against the US dollar.The surge comes several days ahead of Kyber Network’s next protocol update planned for July 7.KNC Hits Highest Level in 2 Years… CME Will Not Introduce Altcoin Futures Anytime Soon, Says CEO The Chicago Mercantile Exchange (CME) will not introduce futures on cryptocurrencies other than Bitcoin (BTC) in the near future, CME CEO Terry Duffy revealed in an interview with Bloomberg July 26.
In the interview, Duffy said that the company should first evaluate and develop an approach for Bitcoin, stressing that Bitcoin futures “might have been… Controversial Blockchain Project Tezos to Be Audited by ‘Big Four’ PwC The Tezos Foundation has announced that the international professional services giant PricewaterhouseCoopers Switzerland (PwC) will conduct an external audit of its finances and operations.In an official announcement Monday, July 23, the Foundation claimed to be the “first large-scale blockchain organization” to be edited by PwC.PricewaterhouseCoopers, headquartered in London, U.K., is one of the… .
