China’s Govt Crypto Readies Huge November Launch to Steal Libra’s Thunder – CCN Markets

China is reportedly set to launch its state crypto on the country’s biggest shopping day. | Source: Shutterstock Facebook’s fears that the bottlenecks tech firms in the free world face in developing cryptocurrencies risks opening the door for more closed societies to take the lead have been confirmed. According to Forbes, China has already developed …

Bitcoin’s Pummeling Ethereum – Here’s Why ETH Will Get Revenge

Ethereum, like most altcoins, has been clobbered by bitcoin in 2019, losing more than 39% against the flagship cryptocurrency. ETH recently broke below its historical support of 0.025 BTC and printed a fresh all-time low of 0.020138 BTC on Binance on July 16. With no support to keep its head above water, bears warn that …

Venezuela’s Largest Department Store Begins Accepting Crypto Petro

The Venezuelan Petro could be on its way to becoming a cryptocurrency with real use cases. Today, with no big advertisements or fanfare, reports and pictures appeared that Traki, one of the largest department stores in the country, started the day with posters announcing the acceptance of Petros as a means of payment. CCN confirmed …

Binance to Burn Over $2.5 Billion of Its BNB Stash. Guess Who Benefits?

Binance yesterday completed its eighth quarterly “burn” of BNB. With this move, the exchange follows its commitment to reduce the total token supply periodically. However, along with the obligatory token burn, Binance CEO Changpeng “CZ” Zhao announced that his company would relinquish its entire BNB allocation as part of its efforts to promote the growth …

CCN is Shutting Down after Google’s June 2019 Core Update

Dear readers, Let’s get straight to it. Google’s June 2019 Core Update rolled out on June 3th 2019 and CCN’s traffic from Google searches dropped more than 71% on mobile overnight. Our traffic has experienced a massive impact by Google’s June 2019 Core Update. Image from Sistrix.com.   CCN’s visibility index on Sistrix.com shows how …

Tron CEO’s Childish Warren Buffett Stunt Batters BTT Cryptocurrency

By CCN: The BitTorrent cryptocurrency price tanked over 6% in Monday trading after Tron CEO Justin Sun’s latest announcement stunt flopped in hilarious fashion. Tron Founder Will Pitch Crypto to Bitcoin Hater Warren Buffett It turns out Sun was the mystery bidder who won a charity lunch auction to dine with investing oracle Warren Buffett. …

5 Crypto Assets With Major Pump-Worthy Catalysts in Q3

By CCN: The second half of the 2019 blockchain calendar is filled with prominent development landmarks for several crypto market heavyweights Either because of bullish cryptocurrency investor speculation or timely manipulation, these events often coincide with robust price pumps for the coins involved. A review of projects with imminent Q2 landmarks on the horizon can …

Booming Bitcoin Cash Price Will Rip to $1,200 in 2019

 By CCN: The long crypto winter left virtually every cryptocurrency reeling, but few assets suffered as much carnage as bitcoin cash. The bitcoin fork endured such a brutal beating that it plunged from an all-time high of $4,000 on December 20, 2017 down to $73.60 less than one year later. The vicious downtrend pushed bitcoin …

Bitcoin Price Hits $8,939 in New 2019 High; What’s Driving the Hypnotic Rally?

By CCN: In the U.S. market and on strictly regulated crypto exchanges such as Bitstamp and Coinbase, the bitcoin price surpassed $8,900 to achieve a new 2019 high at $8,939. Within merely hours, the bitcoin price climbed from $8,000 to $8,939, by more than 11.7 percent against the U.S. dollar. The bitcoin price records a …