#globalxchange

[globalexchange]

BTC Losses Below $3500 – Bitcoin’s chance of more loss below $3500 level against US Dollar. BTC/USD pair price declined below $3500 and $3480 support levels. The pair traded at $3425 low and then railed back to $3500 resistance. Global exchange.

Globalexchange. From the above chart, BTC price is trading near the red support at $3500 resistance, if it breaks the $3600 support chances of gains are found. Globalxchange. On the other hand, if the price fails to clear the $3500 support then price may drown. Globalxchange. MACD for the pair is moving towards the bearish zone and RSI is above the 50 level.

[veryeclipselawyerhairdo]

Globalxchange live with Ivy McGregor; Coordination: Sophie Ngassa, lead STEM Advocate #IvyINC (at Yaoundé, Cameroon) https://www.instagram.com/p/CFCz0rNBMgW/?igshid=sdqqy5mz6mdv

[yourcloudtoken-blog]

>>> DO NOT MISS: Download your DIgital Wallet Here: https://yourcloudtoken.com/ Use this Referral Code: 0580433006

One Complete System with CRYPTO PASSIVE INCOME Growth Engine, Automated Marketing System and CRYPTO BUY/SELL Trading Eco System. FREE TO JOIN!!!!. #cloudtoken #paidtohodl #crypto #cryptowalletapp #cryptowallete #bitcoin

>>> WHY CLOUD TOKEN? Watch Videos HERE https://youtu.be/yf5utXptq4A

>> Advantage of CLOUD TOKEN https://yourcloudtoken.com/advantage-of-cloud-token/

>> YOU CAN BUY CRYPTO WITH CREDIT CARD HERE VIA GLOBALXCHANGE here https://tcpros.co/BJU3J

[planetaryviolet]

IM BACK.

Im back im back i am back I AM BAAAACK.

Did you miss me? OF COURSE YOU DID. ;)

I have lots to write about but im still on GlobalXchange and therefore working lots so you might have to wait for all the stories and pictures!

I HAVE SO MANY.

My experience in Bangladesh was one of the most amazing, thought provoking, wonderful and difficult experiences a person could have. I have no regrets and so many colourful memories. It's a breathtaking country. I miss it so so much. I don't even know where to start writing about it, Memories will come and be posted at random im sure :D

Im in Scotland now for the second half of the proggramme, and its blizzarding outside, how fitting! :P Although being away from home and poeple you love for so long makes you start to feel slightly out of touch, even left out sometimes... But it's all completely worth it.

I'll tell you more later. Get excited.

Moi tore hoispan

:)

[globalexchange]

BTC Continues $3500 Support – BTC price railed above $3600 dollar support level against USD. BTC/USD railed above $3600 support and traded at $3614. Then the price lost the $3600 support and traded at $3550 support. Globalxchange. Sellers were in line and pushed the price down trade below $3520 support. Globalexchange.

Global exchange. BTC Continues $3500 Support – From the above chart, BTC price is trading at $3500 support level, and the break below the $3500 will drive the price to $3450 and then to $3400 resistance level. On the other hand, if the pair breaks the $3630 support then price bulls towards $3670 and then to $3720 support. Globalxchange. MACD for the pair is in the bearish zone and RSI is approaching the 40 level.

[globalexchange]

Bitcoin At Lower Support – BTC formed a downtrend to create a falling wedge formation on its hourly time frame against USD. The pair is holding support now near $3530, but looks like bears may further break below. Globalxchange.

Global exchange. From the above chart, BTC is currently trading above $3530 support level. If the price breaks down the $3530 support then the price might dip down to $3470 and then to $3400. Globalexchange. On the other hand, if BTC breaks the $3550 resistance then the price might catch an uptrend towards $3500 and $3570 resistance.

[globalexchange]

Ripple To Visit Fresh Lows – There was a dip below the $0.3250 and $0.3200 supports in Ripple’s price against US Dollars. XRP/USD traded as low as $0.3192 and later corrected higher. It then moved above the $0.3220 and $0.3250 resistance levels. Break above the 50% Fib retracement level from the last slide of $0.3383 high. 100 SMA is above the $0.3300 level. Globalexchange.

Globalxchange. From the above chart, XRP price seems to be moving into the bearish zone below $0.3250. If sellers emerg there could be more declines below $0.3200. The next key support zones are $0.3150 and $0.3105. Global exchange. MACD for the pair is in the bearish zone and RSI is well below the 50 levels.

[globalexchange]

Ripple To Turn UP – The price recovered above $0.3250 resistance against US Dollar. XRP/USD traded above $0.3384 and later the price corrected lower. It declines below the $0.3300 support and the 100 SMA. Sellers then pushed the price down below the 50%Fib retracement level from the $0.3384 high. Global xchange.

Globalxchange. Ripple To Turn UP – From the above chart, the price is trading near a turning point above $0.3200. The break above $0.3260 and $0.3270 may push up to $0.3350 and $0.3380. Global x change. On the other hand, decline below $0.3200 may further dip. MACD for the pair is in the bullish zone and RSI is around the 50 levels.

[globalexchange]

BTC was previously treading higher inside a wedge pattern but has broke lower that sellers are aggressive. The 100 SMA crossed the long term average. Price has dropped by around $300 so far and may still continue. Global X change.

Global exchange. From the above chart, bitcoin price is back in a bearish zone below $3800 and $3750.if sellers are in the action, there could be a downside break below $3550 and $3540 support levels. On the other hand, a correction near $3700 may be found. Global xchange.

Globalxchange. MACD for the pair is in the bearish zone and RSI is well below the 40 level

[nvestweekly-blog]

Coinbase Fires Hacking Team Employees Following Widespread Criticism

After an uproar due to Coinbase’s purchase of the blockchain analytics firm, Neutrino, many employees have been let go. Coinbase Fires Hacking Team Employees Following Widespread Criticism.

On Monday, CEO Brian Armstrong revealed in a blog entry that Coinbase and Neutrino have chosen to part ways with Neutrino workers previously employed by Hacking Team, regardless of if they have any present association with that organization or not.

The number of employees who were employed by Hacking Team remains unclear. The only known employees are the three senior executives recorded on the blockchain-sleuthing startup’s site include CEO Giancarlo Russo, CTO Alberto Ornaghi, and CRO Marco Valleri.

Coinbase’s decision to purchase Neutrino was announced on Feb. 19., after which there was much criticism leading to the dismissals.

A crusade urging Coinbase clients to delete their accounts has been prevalent on Twitter because Neutrino’s upper management has led projects for Hacking Team, which was a startup that helped governments conduct human rights abuses.

In the post on Monday, Armstrong said:

“We had a gap in our diligence process. While we looked hard at the technology and security of the Neutrino product, we did not properly evaluate everything from the perspective of our mission and values as a crypto company.”

He finished up by saying:

“Those who previously worked at Hacking Team (despite the fact that they have no current affiliation with Hacking Team), will transition out of Coinbase. This was not an easy decision, but their prior work does present a conflict with our mission.”

[nvestweekly-blog]

Global Exchange- Square’s earnings and revenue exceeded analyst estimates aided by the company’s Square Cash consumer app. Square Cash App’s Bitcoin sales surge to a record $148 million.

Cash App, the popular payment app from Square, was at first designed to enable fiat currency transfers, but soon started to support cryptocurrency trading. In the third quarter of 2019, Square managed sales of $148 million in bitcoin transactions.

The surge in sales indicates Square’s American customer’s major retail involvement in cryptocurrencies.

Square Earnings Exceeds Analyst Estimates

According to the released earnings results report, in the second quarter of 2019, Square handled $125 million in bitcoin transactions through its Cash App, almost doubling the first-quarter high. Yet Q2’s bitcoin sales contributed just $2 million to the company’s gross profit.

Square, in its Q3 investor letter, said:

“We are increasing the upper end of our full-year 2019 total net revenue guidance by $110 million due to underlying trends in our Seller and Cash App businesses, as well as bitcoin outperformance in the third quarter.”

Considering the low-profit margin on BTC transactions, it seems that more and more customers are finding their way to the Square Cash App for BItcoin investment.

The letter also stated:

“First-time Bitcoin buyers have approximately doubled and Cash Card orders have seen a meaningful uplift.”

The company’s total revenue increased to $1.27 billion year-over-year by 44 percent, and adjusted revenue grew to $602 million year-over-year.

The company’s net income in Q3 2019 was at $29 million, compared to a $20 million net income in Q3 2018- Globalexchange

Square’s Cash Card is a free business debit card that allows sellers to spend their own money as soon as they make a sale.

[nvestweekly-blog]

Global Exchange- Craig Wright has declared that he cannot fund the law settlement negotiated with the Kleiman’s estate. A final settlement had not been reached; the parties had simply reached a non-binding agreement that could have led to one. Bitcoin lawsuit continues as Craig Wright breaks Settlement Agreement.

Wright, who is an Australian businessman and technologist, broke the settlement which required him to forfeit half of his intellectual property and Bitcoin obtained before 2014. This was according to a court document filed in the Southern District of Florida on October 30. Pulling out from the agreement reopened the court trial for him.

In 2018, Ira Kleiman filed charges against Wright concerning his late brother’s estate. Kleiman claimed that Wright manipulated company e-mails, records and other deals to bilk the estate.

In August, a penalty was levied on Wright as he failed to reveal the list of his bitcoin addresses which amounted to 1.1 million bitcoin.

During the hearing, Wright cited his Bitcoin was not accessible. He said the reasons for inaccessibility were the demise of David Kleiman, his past business partner, and a complex encryption system. His claim was found to be contradictory, however.

Velvel Freedman, a partner at the law firm Roche Freedman LLP, said:

“These discussions began at Craig’s request and due to the fact that Craig represented he had the means to finance a settlement.”

Wright reportedly broke the Bitcoin agreement without giving any notice. After the sanction was imposed on Wright, he requested more time to confront the court order due to Hurricane Dorian, the tropical cyclone.

Globalexchange- Velvel Freedman and Kyle Roche, of Roche Freedman LLP, represent Ira Kleiman, while Rivero Mestre LLP represents Craig Wright. The court trial will take place on March 30 next year.

[nvestweekly-blog]

Global exchange- South Korean blockchain company, ICONLOOP, announced that it has raised over 10 billion KRW, (over USD 8 million) in a Series A funding. This is the company's first venture capital investment since its formation in 2016. South Korean blockchain company raises over $8M in Series A Funding.

T.S. Investment, Korea Technology Finance Corporation, along with five other investors, participated in the round.

ICONLOOP said it plans to release a new decentralized identity (DID) service called “my-ID”, in the first half of 2020.

My-ID serves as a virtual authentication tool that allows high-security transactions to take place without the need for face-to-face contact.

It allows users to store authentication keys for access to services such as necessary identification, financial transactions, password confirmation and other essential interactions on mobile devices.

It also seeks to expand my-ID Alliance, which currently has 27 organizations and businesses from different industries, to areas such as:

Fintech

Ecommerce

Economic

networking

health care

Jonghyup Kim, CEO of Iconloop, said;

“Iconloop will continue relentless efforts to provide blockchain technologies and platform that can be implemented into the entire industry and help the general public embrace blockchain technologies.”

Loop chain is the first blockchain core engine in Korea developed by ICONLOOP. The company also launched CHAIN ​​ID, the world’s first blockchain joint certification service with 26 domestic securities companies; Kyobo Life’s Smart Insurance Claim Service; and Seoul Standard Blockchain Platform- Globalxchange

By successfully launching ‘ DPASS, ‘ a blockchain-based self-sovereign identity authentication system, ICONLOOP proved its unrivalled technology in the DID market.

[nvestweekly-blog]

Global exchange- Blockstack announced that it has raised over $20 million in a token sale approved by the US Securities and Exchange Commission. Blockstack raises $23 million in first-ever SEC-Qualified Token Sale. Retail investors in the United States were able to participate in an SEC-qualified token offer for the first time.

As per the blog post, the Reg A+ token offer of the company concluded on 9 September and combined with a strategic investment round led by Hashkey Group and SNZ raised a total of $23 million.

Blockstack co-founder Muneeb Ali wrote:

More than 4,500 individuals and entities participated in the 2019 token offerings. Blockstack PBC has entered into agreements for more than $23M in these offerings. This includes both the SEC-qualified token offering and their offering to investors outside the United States made under Regulations.

The company investors include Union Square Ventures, Lux Capital, Recruit Holdings, Arrington Capital. Also, Hashkey Group, Fenbushi Capital, Frontier Ventures, Spartan Group, and other funds.

According to SEC filing, Blockstack raised $15.5 million explicitly through the sale of 74.3 million Stacks tokens. This is through its Reg A+ sale in the U.S. Another $7.6 million through the sale of 30.6 million tokens through its Reg S offering in Asia.

The company claims that the SEC-qualified offering has finally opened the door to expand its App Mining program. Through this program, the firm plans to start distributing Stacks (STX) tokens to developers who are building high-quality applications on the Blockstack network- Globalexchange.

The App Mining program is planning to pay developers up to $1 M STX per month by May 2020. This may speed up Blockstack network expansion.

“One of the company’s objectives to work with U.S. regulators was to open our network to a wider audience and wanted to reach out more retail buyers that could be Blockstack network user,” the blog post said. 

[nvestweekly-blog]

Global Exchange- Bakkt is backed by ICE, which is the actual futures exchange Bakkt’s contracts are trading on. The company has announced that the Bitcoin (BTC) deposited at the Bakkt Warehouse is protected by a $125 million insurance policy. Bakkt Warehouse bitcoins have insurance policy worth $125 million.

Insurance policy news covering customer deposits erase another concern that Bakkt hopes to lure for institutional investors.

Last week, the company announced the launch of Bakkt Warehouse which is ready to act as a custodian, allowing for the safe, secure storage of bitcoin. The firm began accepting deposits and withdrawals on September 6. Although, the scheduled launch was on September 23 of its futures products.

“It is regulated by the New York State Department of Financial Services (NYDFS) as a Limited Purpose Trust Company, providing customers with a Qualified Custodian of Bitcoin,” the company wrote on Twitter.

Bakkt Warehouse bitcoins have an insurance policy worth $125 million. The main distinction between the offer of Bakkt and the platform of CME and CBOE is that all trades will be settled in Bitcoin once their contracts expire.

“We’re thrilled with the initial interest we have seen in the Bakkt Warehouse, and continue to onboard new customers and accept bitcoin deposits”, Adam White said.- Globalxchange

Following the successful launch of the Bakkt Bitcoin Futures contracts on 23 September, the company will create the first fully regulated marketplace specifically designed to meet the needs of institutional firms and their clients.