The post ARK Releases API V2: A Technical Update to the Platform’s API appeared first on CCN This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. ARK is a blockchain-based platform that helps bridge different blockchains, this way it becomes a decentralized intermediary enabling communication amongst one another allowing for cross chain events. For The post ARK Releases API V2: A Technical Update to the Platform’s API appeared first on CCN
The post Bitcoin Will Be Taxed as an Asset: Israel Tax Authority appeared first on CCN Israel’s official tax authority has confirmed that cryptocurrencies like bitcoin will be taxed as an asset with investors subject to capital gains tax. In an updated circular released on Monday, the Israel Tax Authority doubled down on its previous position of deeming cryptocurrencies as ‘assets’ rather than currencies. The authority first issued an early official The post Bitcoin Will Be Taxed as an Asset: Israel Tax Authority appeared first on CCN
The post FireLotto: A Transparent and Decentralized Blockchain Lottery appeared first on CCN This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. FireLotto, the world’s first decentralized lottery built on the Ethereum blockchain, Firelotto brings changes and transparency to the lottery industry. FireLotto went live on the 1st January, revolutionizing The post FireLotto: A Transparent and Decentralized Blockchain Lottery appeared first on CCN
Cryptocurrency exchanges are constantly evolving. Kraken, one of the world’s leading cryptocurrency trading platforms, introduced some new big changes. Advanced orders and 10 different currency pairs have been added to the platform overnight. Advanced Orders On Kraken Kraken has been working hard to improve its overall user experience. Earlier this year, the firm made necessary infrastructure upgrades. Delayed orders and exponential growth forced the company to make that decision. Ever since that time, the platform has not offered any advanced order types. Nor did they enable all of the previous trading pairs either. That situation has now been rectified to a certain extent as Kraken has introduced advanced orders once again. Users can now select from Stop Loss and Take Profit options. Both order types trigger off of the traded price at that given moment. Setting up an advanced order is done through the web-based trading portal and selecting the right order from the “Type” field. Users who rely on the regular platform can create Advanced Orders through the designated menu. Both Stop Loss and Take Profit options are available from the “Order Type” drop-down menu. This feature has always been popular among traders and it is now accessible once again. With the Kraken trading engine getting a healthy update a few weeks ago, these order types should now complete more smoothly. Reinstating Trading Pairs Additionally, the exchange added ten new trading markets. All of these pairs are related to fiat currency pairs to increase overall market liquidity. Bitcoin has not received any new trading pairs, nor is it needed. Instead, Kraken re-added the delisted trading pairs, including a JPY market for XRP and EOS’s USD and EUR pairs. Neither Dash nor Monero has received new trading pairs, as they were unaffected during the recent delisting of specific markets. There is one new addition to this list as well. Kraken users can now trade between ZCash and the Japanese Yen. This latest addition is rather surprising. At the same time, Japan has shown a keen interest in cryptocurrency ever since the government legalized this form of money. Kraken thinks adding this pair will improve their position on the market. Further trading pairs will be added to the Kraken exchange in the future. It is possible the GBP pairs for both Bitcoin and Ethereum may return at some point. Additionally, we may see additional fiat currency trading pairs for all of the supported currencies as well. No further specific information is available at this time. The post Kraken Reinstates Delisted Currency Pairs and Advanced Order Types appeared first on NewsBTC.
The post Aditus Pay™ Offers Cryptocurrency Payments at Art Stage Singapore 2018 appeared first on CCN This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Singapore Art Stage Introduces Aditus Pay to the World Aditus, the world’s first ‘luxury’ cryptocurrency platform, has partnered with south-east Asia’s largest art fair, Art Stage. The art The post Aditus Pay™ Offers Cryptocurrency Payments at Art Stage Singapore 2018 appeared first on CCN
When forks occur, which is quite often in crypto land, the original one tends to have a good run up. This is largely due to the promise of free equivalent tokens from the new fork to holders of the original. Traders want to get in both for the price boost of the first coin, and the added bonus of free crypto, whatever it is worth at the time. When Litecoin hard forked on Sunday at block 1371111 Litecoin Cash was born. There was a fair bit of controversy leading up to the blockchain split as LTC founder Charlie Lee called it a scam. His own coin however finally awoke from weeks of down trending jumping from $154 on February 13 by almost 58% to $243 where it currently trades a week later today. Renewed interest in LTC is likely come from the upcoming launch of LitePay which enables businesses and merchants to accept payments in Litecoin which is faster and cheaper to send than Bitcoin. Litecoin Cash Lifts Off Litecoin Cash landed on the Russian crypto exchange Yobit in the early hours of Monday 19 where it was valued at around $1.20 per token. Since then the price has gone skywards to a high of $9.28 representing an increase of over 675% in its first 24 hours trading. In the past 12 hours it has corrected a little back to around $7.6 where it currently trades. According to Yobit the 24 hour volume at the time of writing is over $4.2 million which is higher than Bytecoin, Rchain, Electroneum, Maker, and Decred, all of which are in the top 50 chart with a market capacity over $500k. Since most major crypto exchanges did not support LCC it is unlikely that many LTC holders actually claimed their free tokens as the process was convoluted and involved opening multiple wallets and exporting private keys. LCC has also yet to be listed on the analytics websites such as Coinmarketcap and Livecoinwatch. It is currently too early to tell whether this is an initial pump and dump or Litecoin Cash has any legs. Without more exposure on more exchanges it is not going to get the influx of traders that it’s big and disapproving brother has. There have also been a number of posts on social media throughout the day from users experiencing technical issues with LCC wallets. Good news for Charlie Lee and co but maybe not so for the creators of Litecoin Cash who are still pushing out their next best thing in crypto land. The post Litecoin Cash Lifts Off on First Day of Trading appeared first on NewsBTC.
Key Highlights Ethereum classic price surged higher this week and moved above the $40.00 resistance against the US dollar. There is a connecting bullish trend line forming with support at $40.10 on the hourly chart of the ETC/USD pair (Data feed via SimpleFX). The pair may decline a few points in the short term, but it remains supported above $38.00. Ethereum classic price is super bullish against the US Dollar and Bitcoin. ETC/USD climbed higher recently and broke the $38.00 and $40.00 resistance levels. Ethereum Classic Price Upside Move There were solid gains in ETC price during the past few days from the $30.00 swing low against the US dollar. The price traded higher and moved above the $35.00 and $40.00 resistance levels. It even moved above the $41.00 resistance and traded as high as $42.36. At the moment, the price is correcting lower and is trading below the 23.6% Fib retracement level of the last wave from the $37.76 low to $42.36 high. On the downside, there are many supports around the $40.00 level. There is also a connecting bullish trend line forming with support at $40.10 on the hourly chart of the ETC/USD pair. The trend line support near $40.00 is a significant support. Moreover, the 50% Fib retracement level of the last wave from the $37.76 low to $42.36 high is also near $40.05. Therefore, if the price continues to move down, it could find support near $40.00. Any further declines below the $40.00 level could push the price towards the $38.00 support. On the upside, an initial resistance is around the $42.00 level. Above the mentioned $42.00 level, the price may break the last high at $42.36. The next major resistance above $42.36 is near the $44.00 level. Hourly MACD – The MACD for ETC/USD is placed heavily in the bullish zone. Hourly RSI – The RSI for ETC/USD is currently near the overbought levels. Major Support Level – $40.00 Major Resistance Level – $42.00 Charts courtesy – SimpleFX The post Ethereum Classic Price Technical Analysis – ETC/USD Surges above $40 appeared first on NewsBTC.
Action star and martial arts master Steven Seagal’s latest role has him playing the part of cryptocurrency spokesman but, can his combination of Hollywood magic and Akito moves save this lost cause? Can This Ageing Action Star Kickstart Bitcoiins Success Steven Seagal has weathered over three decades in one of the toughest business there is by sticking to a formula; save the girl, beat the bad guys, uncover the conspiracy, try and be cool while doing it. His latest role as the spokesman for an ICO called Bitcoiin2Gen though may be his most difficult to sell. The token that invites speculation right off for its obvious play on Bitcoin’s name seems to have a number shortcomings. From the basic problem that Bitcoiin’s white paper doesn’t actually address a targeted problem the coin will solve to the fact that none of its initial backer’s names are cited on its homepage. Data from ICAAN reveals that the company was originally started in 2015, is registered in Panama and has changed ownership around Jan. 8. None of this bodes well and then things getting even dodgier with their referral commission – Partner program. The scheme which is literally diagrammed as a pyramid on their website shows the four levels of ICO investment. This has caused the ICO to be compared to Onecoin and Bitconnect both of which have been accused of running pyramid schemes. “To promote Bitcoiin B2G, a depositor who chooses to participate in one of our accredited Mining Programs, will earn commissions off their recruits’ earnings. Bitcoiin B2G is offering a 4-level commission structure, available to whoever joins the program and/or purchases Bitcoiin B2G during the ICO period.” Though Bitcoiin Gen2 looks pretty bad on all fronts celebrity endorsements are growing in the cryptocurrency world as tokens like Bitcoin and Etheruem prove to be profitable assets. Cryptocurrencies Look To Celebrities Perhaps most active in lending his celebrity to crypto-projects is Mr. Money; Floyd Mayweather Jr. In July 2017 he was the spokesman for stox.com’s ICO and a month later came out for Hubli Network. Signed in September he was key in Centra raising $30 million for their ICO. Pop singer Katy Perry boosted the reputation of cryptocurrency when she posted a photo of her fingernails that each had the logo of one of the biggest cryptocurrencies painted on it. Richard Branson has been a vocal supporter of Bitcoin from the beginning when he announced he accept the currency for payment on his upcoming space fights virgin galactic in late 2013. Since then he’s put his money where his mouth his investing $30 billion in Bitpay in 2014. Even Iron Mike has put his fame to work partnering with Bitcoin in 2015 to put his face on Bitcoin ATMs and then again in 2016 when Bitcoin direct announced that the former champ would have his own wallet that people could trade from using the app. The list of celebrities who have backed cryptocurrencies goes on but in this case, Bitcoiin may be one lost cause the zen master Seagal can’t save. The post Can Steven Seagal’s Celebrity Power Help Fund B-Rated ICO? appeared first on NewsBTC.
The post Australian University Launches Nation’s First Open Blockchain Course appeared first on CCN Australian public research university RMIT is launching the country’s first dedicated online short course on blockchain technology, the underlying innovation behind cryptocurrencies like bitcoin. The emergence of blockchain as a disruptive, game-changing technology has spurred Melbourne-based RMIT University to offer Australia’s first online course on the sector. The 8-week program, titled ‘Developing Blockchain Strategy’, will The post Australian University Launches Nation’s First Open Blockchain Course appeared first on CCN
Key Highlights Ripple price is struggling to move higher and is currently trading below $1.0850 against the US dollar. There is a major contracting triangle pattern forming with resistance at $1.0700 on the hourly chart of the XRP/USD pair (data source from SimpleFx). The pair has to move above $1.0700 and the 100 hourly simple moving average to move further higher. Ripple price is slowly moving away from the bullish zone against the US Dollar and Bitcoin. XRP/USD must break above $1.0700 and the 100 hourly SMA to avoid further declines. Ripple Price Upside Hurdle There was no upside break above $1.12 in Ripple price during the past three sessions against the US Dollar. The price started a slow and steady downside move and traded below $1.10. It also traded below the $1.0750 support and the 100 hourly simple moving average. The last upside move not sustainable above the 50% Fib retracement level of the last drop from the 1.1510 swing high to $1.0050 swing low. There was no hourly close above the $1.10 level, which ignited a downside wave. At the moment, there is a major contracting triangle pattern forming with resistance at $1.0700 on the hourly chart of the XRP/USD pair. The pair is approaching a short-term break either above $1.0700 or below $1.0400. On the upside, above $1.0700, the price could test the 61.8% Fib retracement level of the last drop from the 1.1510 swing high to $1.0050 swing low at $1.0945. Above the mentioned $1.0945, the price may perhaps move above the $1.10 level. On the flip side, if the pair fails to move above the 100 hourly SMA, it could decline back towards $1.0200 in the near term. Looking at the technical indicators: Hourly MACD – The MACD for XRP/USD is now moving in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD has moved below the 50 level. Major Support Level – $1.0400 Major Resistance Level – $1.0700 Charts courtesy – SimpleFX The post Ripple Price Technical Analysis – Can XRP/USD Break 100 SMA? appeared first on NewsBTC.