Bitcoin Price Steady Above $10K as Binance Coin Tumbles on US News

Bitcoin (BTC) price was holding above $10,000 on Sept. 12 after a fresh boost appeared to reinforce support for five figures.  Market visualization. Source: Coin360 Bitcoin price steadies above $10,000 Data from Coin360 showed BTC/USD circling $10,100 at press time Thursday, extending a broadly sideways trading pattern from the day before.  24-hour volatility has remained reasonable for Bitcoin, with lows of $9,950 lasting only briefly before an upward bounce.  Bitcoin seven-day price chart. Source: Coin360 News of a fresh blow to the potential launch of Facebook’s Libra digital currency failed…

Binance’s CZ: Like It or Not, Facebook’s Libra Coin Is Poised for Mass Adoption

The takeaway: Binance CEO Changpeng Zhao (“CZ”) hopes to open a London office “very soon” as the crypto exchange turns its focus to Europe. Brexit won’t hurt and if anything will be good for crypto, he predicts. On Facebook’s Libra project, CZ anticipates practical benefits from potentially listing the coin, and also hinted at further collaboration. The forthcoming Binance.US is working with the usual suspects among crypto’s reliable banking partners. CZ calls crypto insurance a “flawed concept.” Binance instead dedicates 10 percent of its $100 million in quarterly revenues to…

Not Just BNB: Up 120%, Huobi’s Crypto Exchange Coin Is Breaking Out

Following in the footsteps of the world’s largest exchange cryptocurrency, Binance Coin (BNB), another exchange coin, Huobi Token (HT), is flashing a more than 100 percent price increase in 2019. Used as an alternative to trading fees on their respective exchanges, exchange cryptocurrencies are also commonly paired with other cryptocurrencies to form new markets and increase overall liquidity. Recently, however, Binance created a new demand driver for its token by requiring participants of its token sale platform Binance Launchpad to make purchases either with bitcoin (BTC) or BNB. While that…

A Small Crypto Coin Is Making Big Claims About a Private Proof-of-Stake

If any coin is going to fly under the radar, it makes sense for a privacy coin to do so. Spectre (not be confused with a separate project called SPECTRE), created two crypto tokens – the aptly named spectre token and the xspec token – in 2016, but hasn’t received much notice from the crypto community so far. Sure enough, its tokens rank in the 500s according to data provider CoinMarketCap, with a total market capitalization of $5.7 million – paltry by many crypto standards. But that might soon change, as…

Initial Coin Offerings Are Setting Capital Free. That’s Huge

Simon Johnson, co-author of the bestseller “13 Bankers,” is the Ronald A. Kurtz (1954) Professor of Entrepreneurship at the MIT Sloan School of Management. He also works closely with Joi Ito, head of MIT’s Media Lab, on the Digital Currency Initiative (DCI).    The following article originally appeared in Consensus Magazine, distributed exclusively to attendees of Consensus 2018. In 1913, H.G. Wells wrote “The World Set Free,” a chillingly prescient set of predictions about the development of technology.   Published in early 1914, this slim volume called it exactly right…

Rappers, Ravens and Lord of the Rings: In Crypto Coin Game, ‘Dope’ Names Pay

In the Lord of the Rings trilogy, “mithril” is a rare, indestructible metal whose beauty never tarnishes; in the real world, however, it’s the name of three different blockchain projects, all of which are trying to score pop culture points with investors. It’s of little surprise that the name has proven so hot in the crypto world – “Lord of the Rings” is, after all, the geek culture equivalent to Shakespeare, and there’s no lack of geeks in the cryptocurrency community. Indeed, cryptocurrency projects of all kinds are branding themselves…

CoinList CEO Andy Bromberg On The Dangers Of Initial Coin Offerings | CNBC

With a new report about the scams in cryptocurrencies, CoinList CEO Andy Bromberg discusses the dangers of initial coin offerings and how his company is working to make ICOs better and safer. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on…

Next Stop In The Cryptocurrency Craze: A Government-Backed Coin | CNBC

Central banks are experimenting with their own versions of cryptocurrency. Experts weigh in on how this will shape the market’s future. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News…

Commonwealth Financial Network’s Brad McMillan: Bitcoin Depends On ‘Everything Going Right’ | CNBC

Brad McMillan, Commonwealth Financial Network chief investment officer, weighs in on the markets and bitcoin. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC Commonwealth Financial Network’s…

Microsoft Drops Bit Coin From Windows 10 | Tech Bet | CNBC

Windows 10 and Windows 10 Mobile users can no longer redeem bitcoins as payment on their Microsoft accounts. CNBC’s Morgan Brennan and Tom’s Guide Reviews Editor Mike Prospero discuss. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow…