BTC Price Climbed Back Above $9,500, Scammers Target Canadian Bitcoin ATM Users, & Other News

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Daily digest by Cointelegraph Price Analysis 30/08: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, XLM BTC price climbed back above $9,500 today. However, regulator analyst Josh Rager has warned that a fresh price breakdown at current levels would send Bitcoin's price to an area around $8,700. To find out the reasons why Bitcoin's price dropped below $10K, read our market analysis Scammers Target Canadian Bitcoin ATM Users With 'Out of Order' Sign Scammers in Winnipeg, Canada, attached a printed notice to two ATMs with an explanation that the machines were undergoing a software upgrade. Due to this, users are dissuaded from depositing their bought coins into their own wallets but are advised instead to use a QR code provided. Following the instructions on the poster will lead to an irretrievable loss of Bitcoin, police warned. Samsung Galaxy S10 Now Supports Three Stablecoins  Following integration with major cryptos, South Korean tech giant Samsung expands the coins supported by the Galaxy S10 device with three stablecoins, such as TrueUSD (TUSD), Maker (MKR) and USD Coin (USDC). Germany's Bitwala Launches All-In-One Mobile Bitcoin Bank App      German blockchain-based banking startup Bitwala announced the launch of its smartphone app for Bitcoin banking on iOS and Android. Customers in over 30 European countries can now open a German bank account with integrated Bitcoin wallets and trading.    Billionaire Alan Howard Eyes $1 Billion Crypto Fund Management Venture Elwood Asset Management — owned by British billionaire and Brevan Howard founder Alan Howard — is planning a $1 billion venture into the crypto hedge fund space. While details of the product remain to be finalized, the new fund could enable investors to determine input factors, such as the level of risk they are willing to court, their expectations of returns and liquidity terms. Get the news first — subscribe to our Telegram channel  Numbers of the day   Bitcoin miners have hit a new all-time high for revenue, reaching $14 billion according to fresh data from Coin Metrics Tweet it 1.5 mln people follow us on social media Download our official free app →

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Novogratz: Bitcoin in a ‘Bit of Consolidation’ as Institutions Line Up, Meanwhile, Bitcoin’s Price Falls Under $9.5K, & Other News

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Daily digest by Cointelegraph Bitcoin Price Falls Under $9.5K Bitcoin's price fell below $9,500 on Aug. 29 as the largest cryptocurrency's sudden bearish move continued to bite. Analysts are admitting that the monthly outlook as well was now looking less than appetizing. Bitcoin 'Failed Safe Haven Test,' Peter Schiff Gloats Bitcoin has shown it is not a safe haven asset, gold bug Peter Schiff has said after the largest cryptocurrency dropped 7% in daily trading. He then claimed: "Bitcoin has again failed the safe haven test." Novogratz: Bitcoin in a 'Bit of Consolidation' as Institutions Line up  Bitcoin price may have fallen below $10,000 again, but that is no reason to doubt the 2019 bull market, industry investor Mike Novogratz has said. Novogratz was speaking just hours before Bitcoin markets experienced a sudden dip that took them $500 lower in a matter of minutes. US Banking Giant PNC Starts Using RippleNet for Cross-Border Payments PNC Treasury Management — the United States' eighth-largest bank, with almost $400 billion in assets — has become the country's first to start using the RippleNet blockchain network for cross-border payments.    Bakkt Clients Can Start Warehouse Deposits on Sept. 6 The much-anticipated crypto trading platform Bakkt announced on Twitter that its qualified custodian, Bakkt Warehouse, will begin offering storage of customers' Bitcoin in early September. Storage will start weeks before the scheduled launch of its platform for daily and monthly crypto futures in the United States on Sept. 23. Paranoia & Love: What Pushes Tech? A Discussion With Prof. Reichental Cointelegraph had a fascinating conversation with professor Jonathan Reichental — one of the most competent opinion leaders in the innovation field of our times. Read the full interview to find out what makes a piece of technology great. Quote of the day   "Bitcoin started the year at $3,800, traded at $3,500 and now it's at $10,200 and so it's up 200% odd percent already. It has had a huge run, and so I think this is a bit of consolidation." Mike Novogratz founder of merchant bank Galaxy Digitall Tweet it 1.5 mln people follow us on social media Download our official free app →

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XRP Community Is Threatening a ‘Takeover’ If Ripple Execs Keep Dumping, & Other News

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Daily digest by Cointelegraph Price Analysis 28/08: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, XLM What's going on with the crypto markets today? Read our price analysis. XRP Community Is Threatening a 'Takeover' If Ripple Execs Keep Dumping Anger about the negative market consequences of Ripple selling XRP to its clients is prompting token holders to conceive of ever-more ingenious means to fight back. "We will stage a community takeover," XRP holders threaten Ripple over its alleged token dumping. Hong Kong Businesses Begin Adopting Bitcoin as a Form of Protest The pro-democracy, anti-government protest movement in Hong Kong is spurring wider adoption of cryptocurrencies, such as Bitcoin, Litecoin and Ether. Binance: Futures Trading Platform to Launch in September Changpeng Zhao, CEO of top crypto exchange Binance, announced that the platform will launch futures trading in September. According to Cointelegraph Japan, the company also "announced its focus on the staking business." Bakkt Clients Can Start Warehouse Deposits on Sept. 6  The much-anticipated crypto trading platform Bakkt announced on Twitter that its qualified custodian, Bakkt Warehouse, will begin offering storage of customer's Bitcoin in early September. The platform will enable the physical delivery of Bitcoin with end-to-end regulated markets and custody.       SPONSORED: Interest in crypto funds is on the rise, and a platform is aiming to help portfolio managers connect with switched-on consumers Fact of the day   56% of the top 50 universities in the world offer one or more classes on cryptocurrency or blockchain tech. New research by Coinbase  Tweet it 1.5 mln people follow us on social media Download our official free app →

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