Cryptocurrency News With URL like bloqwire.com

Bloomberg suggests btc could fall further, even towards $1500, do you think that's possible
The king of cryptocurrency, Bitcoin has already lost more than 70% of its value so far this year and Bloomberg reports that analysts suggest BTC could further gravitate toward $1,500 level, in a report published by Vildana Hajric and Olga Kharif.

Credissimo backed Nexo adds XRP to their crypto lending platform
Switzerland-based Nexo, the first platform that provides instant crypto backed loans now accepts ripple XRP as collateral option for their instant crypto loans. The idea of crypto lending is one of the most revolutionary thing happened because of the wide adoption and popularity of cryptocurrencies. Blockchain based lending is the future when it comes to short term loans for personal use or margin trading. Switzerland-based Nexo, which is considered to be the first platform to provide instant crypto backed loans is adding XRP as the newest collateral option on their platform. XRP, that aims to enable real time global payments anywhere in the world, is now the 3rd largest cryptocurrency by market valuation and is one of the fastest and most scalable digital assets. By accepting XRP as collateral for crypto loans, Nexo is providing an incredibly powerful utility feature to the cryptocurrency. By their continuous efforts to enable mass adoption of crypto, the innovative blockchain project backed by Credissimo is driving the growth of the global crypto economy, opening new doors to the financial sector that has been monopolized by banks for ages.

OKEx To Delist Trading Pairs Of 42 Weak Performing Crypto Tokens
Leading crypto exchange OKEX announced their plan to delist 58 trading pairs linked to 42 digital assets/tokens, due to weak liquidity, in a post published on their website. The trading volume of these trading pairs said to be too low to continue supporting them on the platform. The list of coins that are getting delisted: Execution time: The platform will delist the above trading pairs at 06:00 Oct 31, 2018 (Central European TIme). OKEx informed their users to cancel their orders of the affected pairs from their platform. Orders that aren't canceled in time will be canceled by the system and assets will be credited to the respective user accounts.

India gets its first Bitcoin ATM
India gets its first bitcoin ATM kiosk in Bengaluru amid question mark on future of virtual currency, reports news18 website. The validity of cryptocurrencies remains uncertain after the Central government gave directions to prevent banks from trading in them. However, in all the commotion and suspense, Unocoin Technologies Private Ltd has set up India's first ATM kiosk to trade in cryptocurrencies in Bengaluru. The automated teller machine, which has been installed at Kemp Fort Mall on Old Airport of Bengaluru, is the first-of-its-kind in the country. It will have both a trading and exchange platform, which will allow verified customers to use the device. It is expected to start operations soon.

Litecoin to get hundreds of thousands of new users from Argentina
Argentina could get up to 30 automated teller machines that buy and sell bitcoin by the end of the year, industry representatives said, an expansion of the cryptocurrency market amid an economic crisis that has seen the peso's value tumble. Athena Bitcoin, a U.S. company that specializes in cryptocurrency ATMs, launched Argentina's first bitcoin ATM last month in a Buenos Aires shopping mall, a company spokesperson told Reuters. Another company, U.S.-based Odyssey Group, said of the 150 ATMs it aims to install by the end of the year in Argentina, 80 percent of those will be bitcoin-operational within the first months of 2019.

Overstock announces plan to sell bitcoin on its website using bitsy
Bitcoin-friendly online retailer Overstock.com expects to formally begin selling bitcoin through its website in the first half of 2019, the company has revealed. Such functionality will be offered through Bitsy, a crypto wallet and portfolio company of Medici Ventures, Overstock's blockchain-focused subsidiary which currently has investments deployed in 18 separate ventures. In an interview with Forbes, Patrick Byrne, founder, and CEO of Overstock announced Bitsy's beta launch and emphasized that the roadmap is to fully integrate the wallet into the Overstock website by early next year. We will be offering this through Overstock, he said. Expect us to be offering bitcoin by Q1 or Q2 of next year.

TRON in more trouble
It's only less than a month after Justin Sun, founder of Tron, had acquired BitTorrent and it seems like the employees of BitTorrent isn't in agreement with Tron's acquisition and their policies. Reports show that five of the company's senior employees already left BitTorrent in protest including the BitTorrent inventor Bram Cohen, who started the project nearly two decades ago, following its acquisition by Tron. TorrentFreak reports that BitTorrent inventor Bram Cohen has made it clear that he has nothing to do with the TRON cryptocurrency. I have no involvement with Tron, the report quoted Cohen.

Apple Co-founder says Ethereum is like Apple
In an exclusive interview with NullTX, Apple Co-founder Steve Wozniak said that he's cooperating with the investment-focused investment company Equi Capital. He is about to begin working with the blockchain technologies for the first time. Wozniak (often referred to by the nickname Woz) did not provide details on what his role would be at the startup. He did indicate that the company may register in Malta, which has been working to develop a friendly regulatory environment aimed to attract firms in the blockchain and cryptocurrency space. I like to keep up with things Bitcoin caught my attention. It had so many unusual aspects for any technology I had ever heard of. Nobody is really known to be the creator. It doesn't have any centralized [component]. It's based on mathematics. There's a certain number of Bitcoin that can ever exist. Mathematics to me is like nature. It's much better than human beings I trust those things of nature more than what man makes up. Man makes up currencies, controls them, issues new US dollars every year; Bitcoin was immune to that. quotes NullTX.

Titles not entered by Crypto.BI are Copyright(©) their original authors.