Sex Workers Have Serious Issues With a Crypto-Powered ‘Uber for Escorts’

Describing itself as the "Uber of escorting," PinkDate is one of several sex industry startups launching a cryptocurrency-fueled booking app.

Bitcoin Struggles for Gains as Volume Hits 36-Week Low

The lowest trading volume since November 2017 is slowing up bitcoin's price recovery.

‘Bond Coin’: Thailand Plans Blockchain Token for Instant Securities Settlement

A prominent securities markets body in Thailand is preparing a blockchain-based token that will power instant clearing and settlements of corporate bonds. After researching blockchain technology for a bond registrar services platform, the Thai Bond Market Association (TBMA) has revealed its intention to create a “Bond Coin”, a custom token on a private blockchain between The post ‘Bond Coin’: Thailand Plans Blockchain Token for Instant Securities Settlement appeared first on CCN

Cryptocurrency Market Update: 0x (ZRX) Still Climbing From Coinbase Pump

FOMO Moments Crypto land is recovering slightly; 0x, Tezos, Digibyte and TenX on the up, VeChain suffering. Monday morning in crypto land is developing into a green one for a change as markets rebound from weekend losses. Total market capitalization has crept back over $250 billion and signals are turning bullish. Bitcoin is up just one percent to $6,380, breaking a key resistance level at $6,300. There are positive signals for BTC as it approaches the next level of support around $6,450. Ethereum has done better with a gain of 2.9% to trade at $450 at the time of writing. Most of the altcoins are generally in the green with the five pumped by Coinbase showing solid gains. According to Coinmarketcap today’s winner in the top 25 is 0x which is trading 9% higher. Zero-x is currently trading at $1.13, up from just over a dollar this time yesterday. On the week ZRX has climbed 16.5% from $0.97 this time last Monday, it fell to a weekly low of $0.75 on July 13 before the Coinbase announcement. Over the past month 0z has made 33% gains from $0.85 this time last month. Against BTC it is up 8% on the day to 17750 satoshis and 24% on the week from 14400 satoshis this time last week. Decentralized exchange protocol 0x has benefitted most from the premise of a Coinbase listing. Binance is taking the majority of the trade volume at the moment with over 50%. That volume has jumped from $23 million to $45 million on the day resulting in a market cap increase to $600 million and a move up the charts to 23rd spot for ZRX. Other altcoins performing well this morning include Binance Coin up 5.9%, Tezos climbing 7%, and Digibyte with a 15% pump. TenX is also flying at the moment with a 34% spike. VeChain is still having a nightmare losing another 7% in the last 24 hours. Total crypto market capitalization is up 2.4% to $257 billion and trade volume has risen from $9 to $12 billion. A small recovery is on the way but it remains to be seen if it can be sustained throughout the week. More on 0x can be found here: https://0xproject.com/ FOMO Moments is a section that takes a daily look at the top 25 altcoins during the current trading session and analyses the best performing one, looking for trends and possible fundamentals. The post Cryptocurrency Market Update: 0x (ZRX) Still Climbing From Coinbase Pump appeared first on NewsBTC.

Cryptocurrency Markets Gear into Recovery Mode as EOS Rises 8%

The cryptocurrency markets appear to be in recovery mode on Monday after a rather torrid week where most coins reached 2018 lows. Chief of the pack was EOS which sees an 8% rise to trade at well over the $7.30 level after having dropped as low as $6.50 last week. However, the increases were not The post Cryptocurrency Markets Gear into Recovery Mode as EOS Rises 8% appeared first on CCN

Litecoin Price: The Push to $80 is Still in Play

It appears yesterday’s positive cryptocurrency momentum is spilling over to today. Although there aren’t any notable change in this regard, all top currencies remain in the green over the past 24 hours. This is especially good news for the Litecoin price, as the altcoin marches toward $80. Litecoin Price Momentum Remains in Place It is evident the current cryptocurrency momentum can swing the markets both ways. Assuming this situation remains in place for a few more days, there is a good chance there will be a major bull run later this month. However, the current Litecoin price gains are not necessarily sufficient to keep the current trend going for much longer. Over the past 24 hours, the Litecoin price has increased by 1.81%. It is a very modest gain first and foremost, although there is no reason to despair just yet. Any positive trend is considered to be a good thing at this point in time. For the Litecoin price, it has allowed the value to increase to $78.82, which is a respectable value given the current market conditions. Most speculators would like to see things direly improve in this regard, though. This current Litecoin price is partially facilitated by an increase in the LTC/BTC ratio. That improvement comes in the form of a 0.8% increase, which is pretty positive for this popular altcoin. Although it seems to be a matter of time until the momentum turns against all cryptocurrencies once again, there is still a fair chance this is only the beginning of a long-term uptrend for Litecoin and other coins. With $265.388m worth of trading volume, the current Litecoin price momentum can be sustained for some time to come. It is evident there is still a long way to go prior to seeing any major price recovery for all cryptocurrencies. The Litecoin price is still a long way removed from the all-time high of nearly $350. Whether or not that price will ever be attained again, remains to be determined at this stage. OKEx may have lost some trading momentum where other altcoins are concerned, but it is doing just fine when it comes to Litecoin trading. Its BTC and USDT pair are well ahead of the competition at this time. Coinsuper’s BTC and ETH pairs come in third and fifth place, separated by RightbTC’s BTC pair. No fiat currency pairs are to be found in the entire top eight, which is a bit worrisome for Litecoin price speculators. If this current trend can remain in place, things will get very interesting for the Litecoin price moving forward. Whether that will result in further gains, is a different matter altogether. It will largely depend on how the Bitcoin price evolves in the coming hours and days. So far, things still look good in that regard, although volatility is only a heartbeat away in the cryptocurrency world.

Bitcoin Price Watch: BTC/USD’s Bullish Break Underway

Key Points Bitcoin price slowly climbed above a major resistance area near $6,300 against the US Dollar. There was a break above two important bearish trend lines near $6,310 and $6,350 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to surge further higher towards the next resistance at $6,450. Bitcoin price is gaining bullish momentum above $6,300 against the US Dollar. BTC/USD may perhaps test the next major barrier near $6,450 in the near term. Bitcoin Price Analysis Bitcoin price settled above the $6,200 support area to start an upward wave against the US Dollar. The BTC/USD pair slowly and steadily moved higher and broke a key resistance area near $6,300. The upside move was such that the price moved into a bullish zone above $6,200 and the 100 hourly simple moving average. It opened the doors for more gains and the price traded above the 23.6% Fib retracement level of the last decline from the $6,800 high to $6,081 low. More importantly, there was a break above two important bearish trend lines near $6,310 and $6,350 on the hourly chart of the BTC/USD pair. The pair is now trading above the $6,350 level and it looks set for more gains. The next crucial resistance awaits near the $6,450 level. It also represents the 50% Fib retracement level of the last decline from the $6,800 high to $6,081 low. Should, bitcoin buyers succeed in clearing the $6,450 resistance, there could be a sharp upward move towards the $6,700 level. Looking at the chart, there are many positive signs emerging above $6,300. If the recent bullish break is valid, the price is likely to climb further towards $6,450 and $6,550 in the near term. Looking at the technical indicators: Hourly MACD – The MACD for BTC/USD is showing positive signs in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI is placed well above the 50 level with an upward angle. Major Support Level – $6,240 Major Resistance Level – $6,450 The post Bitcoin Price Watch: BTC/USD’s Bullish Break Underway appeared first on NewsBTC.

Thailand Is Planning a ‘Bond Coin’ for Faster Securities Settlement

A self-regulatory organization in Thailand is planning to create a custom token aimed to speed up corporate bond settlement in the country.

Cardano Price Analysis: ADA/USD Bullish Above $0.1400

Key Highlights ADA price popped higher and broke the $0.1330 resistance zone against the US Dollar (tethered). There was a break above a key contracting triangle with resistance near $0.1390 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is likely to move further higher and it could soon break the $0.1450 resistance. Cardano price is placed in a bullish zone against the US Dollar and Bitcoin. ADA/USD is likely to accelerate above the $0.1450 and $0.1500 resistances in the near term. Cardano Price Analysis There was a decent support base formed above the $0.1250 level in cardano price against the US Dollar. The ADA/USD pair started a nice upside move and broke the $0.1300 and $0.1330 resistance levels. The upside move was strong as the price settled above the $0.1320 pivot level and the 100 hourly simple moving average. An intermediate low was formed at $0.1329 before the price climbed above the $0.1400 resistance. During the upside, there was a break above a key contracting triangle with resistance near $0.1390 on the hourly chart of the ADA/USD pair. The pair traded as high as $0.1457 before correcting lower. It tested the 38.2% Fib retracement level of the last wave from the $0.1329 low to $0.1457 high. The pair remains supported on the downside near the $0.1400 level. Moreover, the 50% Fib retracement level of the last wave from the $0.1329 low to $0.1457 high at $0.1393 is also a strong support. The chart indicates that the price is very likely to climb above the $0.1450 resistance in the near term. The next hurdle for buyers awaits near $0.1500, which could prevent gains. Overall, the current price action suggests more gains in ADA as long as the price is above $0.1400. Hourly MACD – The MACD for ADA/USD is about to move back in the bullish zone. Hourly RSI – The RSI for ADA/USD is moving higher and is positioned above the 50 level. Major Support Level – $0.1400 Major Resistance Level – $0.1450 The post Cardano Price Analysis: ADA/USD Bullish Above $0.1400 appeared first on NewsBTC.

Chilean Court Orders State-Owned Bank to Re-Open Bitcoin Exchange Orionx’s Account

The Fourth Chamber of the Court of Appeals of Santiago has recently ruled that state-owned Banco Estado has to re-open the account of bitcoin exchange Orionx, after it seemingly illegally shut it down. As CCN covered, earlier this year Chilean banks Itau Corpbanca, Bank of Nova Scotia, and state-owned Banco Estado shut down the accounts The post Chilean Court Orders State-Owned Bank to Re-Open Bitcoin Exchange Orionx’s Account appeared first on CCN

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