Connect with us

Blockchain

Apple apparently blocked WordPress app updates to force IAP support

Avatar

Published

on

blank

In yet another example of Apple’s increasingly-strained relationship with developers, WordPress founder Matt Mullenweg tweeted that the free WordPress app on iOS hadn’t seen updates for a while because “we were locked by App Store.” According to his tweet, there was no way for the company to issue updates or bug fixes until it caved to a demand support in-app purchases (that Apple would receive a cut of) for its WordPress.com plans.

While the app doesn’t make purchasing those plans a feature he later said “There are a few convoluted ways you can get to our web app from within previews, documentation, etc. We offered to block based on user agent server-side, but that was not deemed sufficient.” It’s unclear why simply blocking this possibility wasn’t enough for Apple, but the company decided this falls under the payment section of its developer agreement.



Source: https://e-cryptonews.com/apple-apparently-blocked-wordpress-app-updates-to-force-iap-support/

Blockchain

Analysts Eye New Top of $74,000 as Bitcoin Comes Within 3% of ATH

Avatar

Published

on

In a move adding to the already monumental rally, Bitcoin prices touched $19,400 during late trading on Tuesday, November 24. This is just 3% away from its peak of $20K which came in December almost three years ago.

Since then, the asset has retreated sharply in a $700 pullback to the mid-$18K level where it currently trades. With momentum still in its favor, analysts and traders are eyeing the next possible peak.

CNBC Touts $74K Bitcoin

During the 2017/2018 rally, mainstream media outlets were renowned for spreading fear, uncertainty, and doubt (FUD) over something they really failed to truly comprehend. CNBC in particular came to be known as a counter trade signal as whenever the news outlet predicted a pump, BTC would dump and vice versa.

In its latest edition of Trading Nation, the channel interviewed a couple of traders who both had very positive things to say about the king of crypto.

Founder of TradingAnalysis.com, Todd Gordon, used Elliot Wave theory to measure herd mentality and market sentiment. He added that the fifth wave is just starting now which will result in a new all-time high in 2021. When asked about a price prediction he added;

“I can’t believe I’m going to go out on CNBC and say this, but it’s about $74,000. The Elliott wave goes very well with … Fibonacci multiples. If it does want to fall short, it can go to 61% of that target, which is only at $34,000.”

PayPal Driving Adoption

Mark Tepper, president and CEO of Strategic Wealth Partners, also commented on the trading show stating that before PayPal and other large corporations stepped in he treated Bitcoin like any other speculative investment, owning a small enough amount.

“The thing that’s always held me back from being an outright bitcoin bull has really been this lack of widespread adoption. But … adoption’s happening and those users, those PayPal and Square users, they’re buying more bitcoin than what’s actually hitting the market on a daily basis,”

He added that Bitcoin could be the Tesla of 2021, stating that it could possibly reach $100K by the end of next year. That certainly fits in with other models and predictions such as stock-to-flow which also predicts triple figures within the next year or so.

SPECIAL OFFER (Sponsored)
Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer).

PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO35 code to get 35% free bonus on any deposit up to 1 BTC.

You Might Also Like:


Source: https://cryptopotato.com/analysts-eye-new-top-of-74000-as-bitcoin-comes-within-3-of-ath/

Continue Reading

Blockchain

Coinbase Pro To Disable Margin Trading From December Citing CFTC Guidence

Avatar

Published

on

  • The Coinbase Chief Legal Officer Paul Grewal published a post earlier informing customers that the popular exchange will seize offering margin trading.
  • Clients will not be able to place margin trading orders starting from 2 p.m. PT on November 25th, 2020. At the same time, the platform will cancel all open limit orders.
  • The San Francisco-based exchange will disable the margin trading feature fully at the end of November, “once all existing margin positions have expired.”
  • According to the statement, the decision aims to comply with guidance introduced by the US Commodity Futures Trading Commission (CFTC) earlier this year.
  • Back in March 2020, the federal commodities regulator published a 35-page document with its views on how it will regard “actual delivery” of cryptocurrency assets. The guidance provides rules on when a customer has legally taken control of a digital asset, including acquisition through a margin or leveraged product. The document reads:
  • · (1) a customer securing: (i) possession and control of the entire quantity of the commodity, whether it was purchased on margin, or using leverage, or any other financing arrangement, and (ii) the ability to use the entire quantity of the commodity freely in commerce (away from any particular execution venue) no later than 28 days from the date of the transaction and at all times thereafter; and

  • · (2) the offeror and counterparty seller (including any of their respective affiliates or other persons acting in concert with the offeror or counterparty seller on a similar basis) do not retain any interest in, legal right, or control over any of the commodity purchased on margin, leverage, or other financing arrangements at the expiration of 28 days from the date of the transaction.

SPECIAL OFFER (Sponsored)
Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer).

PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO35 code to get 35% free bonus on any deposit up to 1 BTC.

You Might Also Like:


Source: https://cryptopotato.com/coinbase-pro-to-disable-margin-trading-from-december-citing-cftc-guidence/

Continue Reading

Blockchain

VanEck Europe Launches A Bitcoin-Backed ETN Listed On Deutsche Börse

Avatar

Published

on

  • Founded in 1955, VanEck is among the world’s largest investment management firms. Its European branch, VanEck Europe, announced today the official release of an ETN, physically-backed by Bitcoin.
  • The statement came from the company’s digital asset director – Gabor Gurbacs. He noted that releasing such a service has been a “top priority for VanEck.”
  • The ETN will be listed on the Frankfurt-based exchange Xetra. Its price performance will reflect the MVIS CryptoCompare Bitcoin VWAP Close index, directly linked to Bitcoin’s movements.
  • This became possible after MV Index Solutions officially granted access to VanEck Europe to use MVBTCV as an underlying index for the Bitcoin ETN.
  • Apart from being fully collateralized, Gurbacs revealed several other features that will attract investors. Those include “negligible premium/discount to NAV, transparent holdings and prices, investor protections, and professional management by VanEch Europe.”
  • Gurbacs also asserted that VanEck is “committed to support Bitcoin and financial innovation.”
  • Martijn Rozenmuller, Head of Europe at VanEck, outlined that Bitcoin is an “excellent way to contribute to the diversification of a portfolio” because of its low correlation to other asset classes. He added that with the release of the Bitcoin ETN, VanEck will enable its clients to “benefit from the performance of bitcoin.”
SPECIAL OFFER (Sponsored)
Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer).

PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO35 code to get 35% free bonus on any deposit up to 1 BTC.

You Might Also Like:


Source: https://cryptopotato.com/vaneck-europe-launches-a-bitcoin-backed-etn-listed-on-deutsche-borse/

Continue Reading
Blockchain4 days ago

Bitcoin Suisse to Deposit Nearly 100,000 ETH to Ethereum 2.0

Blockchain4 days ago

Bitcoin supply shortage is due to overwhelming PayPal support

Blockchain5 days ago

US Government to Use USDC Stablecoin to Bypass Venezuela’s Maduro

Blockchain5 days ago

Bitcoin Is the Biggest Big Short

Blockchain5 days ago

HEX Dumps Amid 24-hour LiveStream

Blockchain5 days ago

Why this Ethereum DeFi coin has surged 400% in two days

Blockchain4 days ago

Ethereum 2.0 Deposits Near 200,000 ETH

Blockchain5 days ago

How to Invest in DeFi (The Sequel)

Blockchain5 days ago

Companies Like PayPal Are Adopting Crypto Quicker Than Ever

Blockchain5 days ago

Argentina and Brazil Get Their Own Stellar Stablecoins

Blockchain4 days ago

Cardano on schedule to deliver Goguen, reveals Hoskinson

Blockchain4 days ago

The Long Arm of Justice: How Far Can the DoJ Really Go in Prosecuting Foreign Actors?

Blockchain4 days ago

DeFi Protocol Pickle Finance Hacked For $20 Million

Blockchain5 days ago

CorionX to be listed on BitMart Exchange

Blockchain5 days ago

Chainalysis Becomes Newest Crypto Unicorn After $100M C Funding

Blockchain5 days ago

SushiSwap’s SUSHI Continues Ascent, Rallies 10% on $1B in Deposits

Blockchain5 days ago

Market Wrap: Bitcoin Hits $18.8K as Total Crypto Locked in DeFi Passes $14B

Blockchain5 days ago

3 Reasons Why Analysts Think Bitcoin Will Move Higher After Rally to $18,800

Blockchain5 days ago

Uniswap User Loses $20,000 With a Fake Google Play Store App

Blockchain5 days ago

Is current Bitcoin trend a Bull trap – $20K beckons extended BTC/USD rally

Blockchain5 days ago

BlackRock’s Rick Rieder Says Bitcoin Could Replace Gold

Blockchain4 days ago

Bitcoin’s 14% Weekly Increase Eyes the ATH: The Crypto Weekly Market Update

Blockchain5 days ago

Bitcoin’s 14% Weekly Increase Eyes the ATH: The Crypto Weekly Market Update

Blockchain4 days ago

US Regulator Seeks End to Bank Deplatforming of ‘Disfavored’ Industries (Like Crypto)

Blockchain5 days ago

Malaysia Hits Midtou and Actionnode with Regulatory Warnings

Blockchain2 days ago

Crypto.com Launches Visa Cards for Canadians

Blockchain3 days ago

Chainlink Likely to See an Impulse Higher as Bulls Break Key Range

Blockchain5 days ago

Uniswap User Loses $20,000 With a Fake Google Play Store App

Blockchain2 days ago

Polkadot Aims to Become The New Home for The $14 Billion DeFi Industry

Blockchain2 days ago

Crypto Investment Manager DAiM Launches Company-Sponsored Bitcoin 401(k) Retirement Plans

Blockchain5 days ago

Uniswap User Loses $20,000 With a Fake Google Play Store App

Blockchain4 days ago

XRP Surges 30% Higher—and Analysts Think There’s Upside to Come

Blockchain3 days ago

88MPH DeFi Token Rallied By 375% After Suffering A Bug: Report

Blockchain3 days ago

Bitcoin’s 14% Weekly Increase Eyes the ATH: The Crypto Weekly Market Update

Blockchain3 days ago

Luxury Watchmakers Announce Blockchain-Based Projects

Blockchain1 day ago

Bitcoin shoots past $19,000 as new ATH awaits

Blockchain4 days ago

DeFi Project Spotlight: Rocket Pool, Staking Service for Ethereum 2.0

Blockchain3 days ago

Why this parabolic Bitcoin trend will stop at nothing but $22,000

Blockchain3 days ago

Bitcoin Near Crucial Juncture: Why BTC Could Surge Above $18.8K

Trending