The status of bitcoin in China is still quite unclear, considering the fact that there is indeed some regulation, yet it is not being applied. During the last couple of weeks, we’ve seen a sharp growth, followed by a short decrease in the value of the digital currency. Economic analysts have attributed this to the… Continue reading The Chinese Government will likely attempt to regulate Bitcoin
Source: Read Full Article
Among the first generation blockchain platforms, only a handful have survived to date and are still thriving above the challenging conditions of recent years. These set of blockchains are comprised mainly of the transaction enabling platforms that eliminates the need for third parties by offering peer-to-peer (P2P) transaction systems. The early blockchains The first generation… Continue reading Meet the Modular Toolset Simplifying Blockchain Integration for Companies
We review some of the heart-stopping news events that happened this week, as well as the silver linings that lay ahead. The parade of gloom-and-doom news for cryptocurrencies continued on Thursday, including the spectacular number that they shed $60 billion in value over a 24-hour period this week. As the space digested that staggering amount… Continue reading Bitcoin’s Horrid Week Made Headlines All Over the World, but Is There Hope for a Rebound?
Source: Read Full Article
If 2017 was the year of the ICO, 2018 will most likely become the year of cryptocurrency regulations. The first moves for a framework that will incorporate cryptocurrencies were made last year after financial regulators worldwide published statements on how they will treat initial coin offerings going forward. However, lawmakers in the U.K., the U.S.… Continue reading Will regulations help or hurt cryptocurrency valuations in 2018?
Tron has formed a bearish flag pattern to signal a continuation of the drop, possibly taking it down to the lows at 0.02500. This comes after a retest of the broken neckline of a triple top pattern on its 4-hour chart. The formation spanned 0.04000 to 0.05500 so the resulting selloff could be of the… Continue reading Tron Price Analysis: TRX/USD Aiming for 0.02500
How Bitcoin's problems "cleanse" him of crime. According to research Recorded Future, the results of which we quoted earlier, Litecoin may be the next after Bitcoin coin, which will become the main means of payment in Deep Web. Today Express quotes the representative of Recorded Future Andrei Barisevich, why Bitcoin does not like criminals anymore:… Continue reading Coin for Dark Web: Still Not Bitcoin
The crypto currency market is again in ruins, the cost of Bitcoin has fallen by more than 15% over the last 24 hours, dragging all Altcoin with it. This fall affected the entire crypto-currency market. According to CoinMarketCap, the Bitcoin price is estimated at 8 281 US dollar with a market capitalization of 140 billion… Continue reading Investors: the Bitcoin exchange rate will reach 7 000 $
South Korean prosecutors are investigation three cryptocurrency exchanges after it was alleged that they used money stolen from customers’ accounts to buy bitcoin. In a report from Chosun, a spokesperson for the Seoul Southern District Prosecutors’ Office said that it had searched the offices from Monday through Wednesday. Prosecutors confiscated money transfer receipts, mobile phones, accounting… Continue reading South Korea Investigates Three Cryptocurrency Exchanges for Embezzlement
Over 30,000 restaurants around the world, including 11,000 in Germany itself, along with others from Europe and Vietnam as well as other countries, have started accepting Bitcoin Cash as a form of payment in exchange of food. The German restaurants are taking payments in Bitcoin Cash through Germany’s largest meal delivery company Liferando, while restaurants… Continue reading Over 30000 Restaurants Starts Accepting Bitcoin Cash ⋆ ZyCrypto
Amid the rising number of crypto-related scams that are coming about with the ever-increasing popularity of cryptocurrencies, Finance Minister Wopke Hoekstra outlined his concerns over the recent rapid boom in the popularity of the coins in a six-page letter to the Dutch House of Representatives and the Senate. Hoekstra argued that there has been little time to understand… Continue reading Dutch Finance Minister Joins Australia in Warning Public of Cryptocurrency Scams
In the interim while most recognizable cryptocurrencies values are increasing, successful stories are expected to be heard. After some speculations that Litecoin could be added to one of the most popular crypto exchange, Gemini exchange – this year its value is thought to grow massively. Litecoin’s current value is at approximately $162.63, but is assumed… Continue reading Litecoin’s Value is expected to reach its highest “peak” with the Gemini exchange
Bitcoin scams are happening everywhere. Since the last crypto bull run, hacks, scams, fake ICOs have been affecting the environment. But a new way of scamming people appeared in Australia. The Australian Taxation Office (ATO) warned about scammers that want to steal people’s cryptocurrencies. New Scamming Procedure in Australia A new scamming method is surprising… Continue reading Fake Tax Collectors in Australia Demand Bitcoin to Taxpayers – Authorities Worried
Bitcoin looks ready for more losses as price gained downside traction after its break below a double top neckline. Applying the Fibonacci extension tool on the latest correction shows the potential targets. Price is currently sitting on the 38.2% extension near the $8000 level at the moment, and a break lower could take it to… Continue reading Bitcoin Price Analysis: How Low Can It Go?
The rumors that have started to spread around about the collaboration of Amazon and one of the most recognizable coins, Ripple (XRP) are expected to have a huge impact on crypto sphere. Latest news claims that there are speculations that came down suggesting that Amazon – the famous online retail giant, is coming along with… Continue reading Amazon & Ripple [XRP] Partnership Could Be Monumental For Cryptocurrencies
On March 7 a report addressed to the Tokyo District Court revealed that a Mt. Gox bankruptcy trustee – Nobuaki Kobayashi – may have contributed to the three month downtrend in the cryptocurrency market. Over the past three months, Nobuaki Kobayashi has sold over $300 mln in Bitcoin on two public exchanges. Some critics believe… Continue reading Effects of Mt. Gox Trustee's $400 Mln Sale on Bitcoin Market
The Lightning protocol is touted as a permanent solution to the scalability problems plaguing the Bitcoin network. Therefore enthusiasts and developers all around the world have been experimenting with Lightning to find out if it’s truly the solution to Bitcoin’s challenges. Chubu Electric Trials Lightning Chubu Electric Power Co., Japan’s third-largest electricity company, in collaboration… Continue reading Japan-based Electricity Provider Experiments with Bitcoin's Lightning Network
China, a one-time bitcoin capital of the world suddenly turned its back on cryptocurrency Exchanges and ICO operations in its territory in September 2017. Now, the central bank of China has made its intentions of establishing own digital payment system known, in a bid to reclaim its lost blockchain glory. ‘Digital Currency Electronic Payment’ not… Continue reading OKCoin May Assist China's Central Bank to Develop a Government-Backed Virtual Currency
Apple recently removed a Monero-mining app from its Mac App Store called Calendar 2. The app allowed users to chose to allow it to mine Monero in the background, a move which Apple says put a burden on user’s devices. Before being pulled, the app raked in $2,000 in only three days. Developed by Qbix,… Continue reading Apple Removes Monero-Mining App After It Rakes in $2,000 in Three Days
Bitcoin meets all of the essential criteria for an asset bubble, which is sure to burst soon and the spillover effects into traditional financial system would be limited, while the blockchain technology holds promise for investors, Allianz Global Investors said. “As a currency and asset class, bitcoin has potentially fatal flaws – which is why… Continue reading Bitcoin Bubble Burst Just A Matter Of When, Not If, Allianz Global Says
The role of a CIO (chief information officer) in the corporate world has evolved over time, keeping pace with the rate of innovation characteristic in technology and business. From the position’s original mandate to steward the IT department and ensure a company’s systems ran smoothly, today’s CIOs are expected to not simply enact IT platforms, but… Continue reading Blockchain to Catalyze a Second-Wave API Economy
Over the past few months, the Chicago Board of Exchange (Cboe) and the Chicago Mercantile Exchange (CME Group) have been selling bitcoin-based futures products. Predictions have been dull as most forecasts are around the $9-9.4K USD range for bitcoin derivatives using both firms’ futures data. On the other hand, crypto-derivatives trade volumes have been increasing. Also… Continue reading Bitcoin Futures Predictions Volumes Grow
Litecoin price is trading lower and is currently below $180 against the US Dollar. LTC/USD must stay above the $170 support, otherwise there is a risk of a downside break. Key Talking Points · Litecoin price is under pressure and is currently trading below the $180-182 support (Data feed of Kraken) against the US Dollar.… Continue reading Litecoin Price Analysis: LTC/USD Remains at a Risk