Ethereum 

Binance Adds Support for Turkish Lira and Bitcoin, XRP, Ether Trading Pairs

Binance cryptocurrency exchange has added support for buying Bitcoin (BTC) and other cryptocurrencies with the Turkish lira through its local digital wallet partner Papara.  The exchange unveiled the addition on its website on Nov. 15, one week before CEO Changpeng Zhao’s (CZ) visit to Turkey. According to the website, Turkish users are now able to exchange lira for BTC, Ether (ETH) and XRP through their Papara digital wallets. Upon a request from Cointelegraph, Binance declined to comment beyond acknowledging the soft launch of Turkish Lira support. Per the official website,…

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Bitcoin 

Bitcoin Price Tests $8,500 Support as Trader Warns of Further New Lows

Bitcoin (BTC) fell below $8,600 on Nov. 14 as its slow grind downwards continues to see new lows haunt markets. Cryptocurrency market daily overview. Source: Coin360 Bitcoin trends downwards at $8.6K Data from Coin360 shows the largest cryptocurrency hitting $8,550 on Thursday, its lowest since late October. A subsequent rebound took BTC/USD back above $8,600. Bitcoin seven-day price chart. Source: Coin360 Bitcoin has spent most of the week steadily eroding gains it made previously, first losing support at $9,000 and exiting a trading corridor that had previously kept it rangebound…

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Bitcoin 

Bitfinex Adds Bitcoin Bech32 Support — Hints at Lightning Network Next

Major global crypto exchange Bitfinex now supports Bitcoin (BTC) bech32 addresses generation and deposits to bech32 addresses. Following the launch of Bitcoin withdrawals on bech32 addresses on Oct. 29, Bitfinex officially announced on Nov. 4 that the exchange now also supports Bitcoin deposits to bech32. As previously announced, a bech32 Bitcoin address is a Segregated Witness (SegWit) address format specified by Bitcoin Improvement Proposal (BIP) 0173. Also known as “bc1 addresses,” bech32 format starts with the alphanumeric characters bc1 and consists only of lowercase letters, making each address not case-sensitive.…

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Blockchain 

Zilliqa Offers $5M Fund to Oxford DLT Students to Support Diversity

Singapore-based blockchain firm Zilliqa launches blockchain workshops in collaboration with Oxford University to encourage diversity in the industry. Together with Zilliqa, the Oxford Women in Computer Science Society (OxWoCS), an Oxford society that aims to support women in computer science, will carry out a series of interactive workshops called Blockchain A-Z, according to a press release shared with Cointelegraph on Oct. 31. Winners to apply for grants to Zilliqa’s $5 million Ecosystem Grant Programme According to the announcement, Blockchain A-Z will be conducted on-site at the University of Oxford and…

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Bitcoin 

Bitcoin Price Returns to $7.6K as Markets Reaffirm New Support Levels

Bitcoin (BTC) hit $7,600 on Oct. 25 after a spell of bullish upward action saw 2% gains occur in a matter of minutes.  Cryptocurrency market daily overview. Source: Coin360 Bitcoin reaches local high close to $7,650 Data from Coin360 showed BTC/USD passing the $7,600 mark across major exchanges, going on to challenge $7,650 before correcting.  At press time on Friday, Bitcoin was fluctuating around the new levels, still down around 8% versus the beginning of the week.  Bitcoin seven-day price chart. Source: Coin360 The latest in a series of abrupt…

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Blockchain 

Crypto Exchange Binance.US Expands Support for Dogecoin

The United States-based branch of major crypto exchange Binance, Binance.US, will add support for Dogecoin (DOGE), according to a blog post published on Oct. 24. Binance.US’s users will be able to trade the DOGE/USDT pair from 09:00 p.m. EST on Oct. 24, while they can already start depositing the coin in advance of trading. Withdrawals will become available following the trading launch. Binance.US gradually expands its offerings Binance.US launched on Sept. 24, initially offering trading for fiat-to-crypto and crypto-to-crypto trading pairs. The trading pairs included major digital currencies such as…

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Blockchain 

We Need Centralized Entities to Support Crypto

Zeeshan Feroz, United Kingdom CEO of Coinbase, has argued that we need centralized entities like central banks and Facebook to support the crypto ecosystem. In an interview with CNBC published on Oct. 24, Feroz said he saw two ways for cryptocurrency to go mainstream: central bank digital currency (CBDC) issuance and Facebook’s Libra. Central banks will catalyze adoption better than Silicon Valley As distinct from cryptocurrencies, a CBDC is a digital currency issued by a central bank, whose legal tender status depends on government regulation or law. CBDCs such as…

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Ethereum 

Ethereum Name Service Adds Multicoin Support

Distributed naming system Ethereum Name Service (ENS) has announced the launch of multicoin support as 15 cryptocurrency wallets already plan to utilize the new feature. According to an official Medium post published on Oct. 17, this will allow crypto enthusiasts to use one ENS name for all of their crypto wallets. Ongoing implementation It is noted that ENS’s user interface currently only supports Ether (ETH), Bitcoin (BTC), Litecoin (LTC) and Ethereum Classic (ETC) addresses — and not all of the encodings. Still, the post promises that its functionality will be…

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Bitcoin 

Electrum Bitcoin Wallet to Support Lightning Network in Next Release

The next release of major Bitcoin (BTC) wallet software Electrum will support off-chain scalability solution Lightning Network (LN). The Electrum official Twitter account announced the upcoming LN integration in a tweet sent on Oct. 14. The tweet announced: “The next release of Electrum will support Lightning payments. Our lightning node implementation has been merged into Electrum’s master branch.” Electrum also confirmed that the wallet will employ a new implementation developed in-house, written in Python. High hopes for Lightning Network Lightning Network is believed by many Bitcoin proponents to be the…

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Blockchain 

Finastra Joins RippleNet to Support Cheaper Cross-Border Payments

United Kingdom-based financial software firm Finastra has partnered with Ripple to join RippleNet, a global blockchain payments network with over 200 members. Faster integration with partners As officially announced by Ripple on Oct. 9, the new partnership will allow hundreds of Finastra’s customers to connect and transact with RippleNet to provide faster and cheaper cross-border payments. In turn, over 200 financial institutions on RippleNet will have access to Finastra’s network of banks, allowing mutual customers to access and partner with each other, the firm stated. Users will be able to…

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