Trump’s ‘Confusing’ Trade Deal Isn’t Putting Off Beijing’s Top Negotiator

China’s top trade negotiator is ‘cautiously optimistic’ of a deal getting signed. US Congress passed a bill in support of Hong Kong protesters further complicating matters. President Donald Trump is expected to sign the bill. Despite the mixed messages President Donald Trump is sending out with regards to a Sino-US trade deal, China’s top trade negotiator has expressed cautious optimism that a partial agreement could be reached, Bloomberg reports. At a dinner in Beijing, Vice Premier Liu He expressed confidence that the phase-one deal could be concluded successfully. Liu also…

Turkey’s Unexpected Rise to the Top of Global Crypto Adopters

When thinking of countries that are ahead of the curve in crypto adoption, Turkey might not be the first place that springs to mind. However, Statistica’s Global Consumer Survey for 2019 shows that a fifth Turkish residents are acquainted with crypto and have been exposed to it in some form or another. If the figures are true, 20% is the highest proportion of all the countries in the world.  Flying under the radar, Turkey has undoubtedly become a crypto giant, and with President Recep Tayyip Erdoğan recently announcing that testing…

Bitcoin Price Hovers Under $8,800 as Top Altcoins See Minor Gains

Saturday, Nov. 9 — most of the top 20 cryptocurrencies are reporting minor gains on the day at press time, as Bitcoin (BTC) hovers under the $8,800 mark again. Market visualization courtesy of Coin360 Bitcoin price is currently up by 0.27% on the day, trading at around $8,795 at press time, according to Coin360. Looking at its weekly chart, the coin is down by almost 5.5%. Bitcoin 7-day price chart. Source: Coin360 As Cointelegraph recently reported, yesterday Bitcoin fell below $9,000 and lost over $200 in an hour. Ether (ETH)…

EOS Holds Top Spot, Bitcoin 11th in China’s Latest Crypto Rankings

China’s state-backed tech workgroup has released its fourteenth crypto rankings report, with Bitcoin (BTC) ranked 11th and EOS (EOS) retaining the top spot as of the end of September 2019. The listings rank 35 assets in total, as reported on Sep. 29 by the Center for Information and Industry Development (CCID)’s online information portal.  Reshuffles Compared with the last instalment of the rankings this July, Bitcoin has held its position while altcoin Tron has dislodged Ether (ETH) from the second spot. XRP is up from 30th to 20th-ranked asset. CCID…

Bitcoin Leads Momentum as Top Cryptos Trade Below Key Price Average

Bitcoin (BTC) and Bitcoin SV (BSV) are the only cryptocurrencies within the top 10 by market capitalization to have jumped back above their long-term moving averages. The 200-day moving average (MA) is often regarded as a marker for bullish long-term health when prices are above and bearish long-term market health when prices reside below.Bitcoin’s (BTC) 30 percent jump to 5-week highs from $7,393 to $10,350 over a 2-day period pulled prices back above the long-term moving average, marking a change in both momentum and sentiment for the world’s premiere crypto.…

Gold Is the Top Safe Haven Asset, but Here’s Why Bitcoin Has Appeal

Analyst, Chris Mancini claims governments are increasingly turning to gold, and not Bitcoin, in order to hedge against economic uncertainty. Motivated by geopolitical wranglings, as well as a desire to reduce dollar reliance, the Chinese and Russian central banks are driving demand for gold. Is Bitcoin now out of the picture? Gold Trumps Bitcoin In a Kitco News interview, Analyst at Gabelli Gold Fund, Chris Mancini said that gold is the ultimate power move during times of uncertainty, and not Bitcoin, as evidenced by government actions. He said: “the Chinese…

XRP Is Top Performing Major Crypto Behind Bitcoin, But Criticisms Remain

XRP continues a solid performance throughout October. This comes off the back of weeks of sideways action from Bitcoin. And while it’s too soon to call a start to altseason, XRP is still up 13% since the beginning of October, hovering around the $0.29 mark. However, critcisms of the relationship between Ripple and XRP, as well as Ripple itself, will not go away. XRP Since it began, the divisive token has faced a barrage of fire from all angles. Recently, this has come from reports of Ripple dumping XRP, and…

Top Fed Official Says US Central Bank ‘Actively’ Debating Digital Dollar

A top Federal Reserve official said Wednesday that the U.S. central bank is “actively looking at and debating” issuance of a digital currency, amid growing worries among current and former regulators that the dollar might be at risk of losing its status as the world’s reserve currency. Speaking at a local business event in Austin, Texas, Federal Reserve Bank of Dallas President Rob Kaplan said: “We have not at the Fed decided to pursue or drive to develop a digital currency, but it’s something we’re actively looking at and debating.”…

Nasdaq Lists an AI-Powered Index of Crypto Market’s Top 100 Performers

The Nasdaq stock exchange has listed an index of crypto’s top 100 coins alongside traditional market bellwethers like the S&P 500 and the Dow. Powered by artificial intelligence, the CIX100 is designed by Cryptoindex.com to give Wall Street traders a quick and comprehensive view of the crypto markets’ real-time performance, the company said. The index had previously been listed by Reuters, Bloomberg and Tradingview. And it works without human intervention, according to Cryptoindex.com. The index’s “Zorax” algorithm trawls through data from over 1,800 tokens to develop a live account of…

Nasdaq Lists AI-Powered Crypto Index for Top 100 Coins

The world’s second-largest stock exchange, Nasdaq, has listed the AI-powered CIX100 index created by crypto data provider Cryptoindex. The news was revealed in a press release shared with Cointelegraph on Oct. 15. Neural network-based analysis CIX100 is a crypto market benchmark that analyzes uses a neural network algorithm to analyze data for the top 100 cryptocurrencies, taking into account over 200 factors. Reportedly designed to exclude coins with fake volumes and rankings, the “human-free” tool targets both industry newcomers and professional investors. According to the press release, the data is…