Although many think that the fall in prices has made the crypto market lose its appeal to investors, the truth is that this conception seems to be far from reality, and the fact that many important players in the world of finance have applied to get approved by the SEC for a Bitcoin ETF, shows …
Gains were few and far between in the crypto market over the 24-hour period, with Augur presenting a notable exception while gaining less than 2%. The Bitcoin price remains in disunity across several markets. Bitfinex has it for $3,511, but Coinbase users can buy it for $3,421.
IBM is currently hiring a new Offering Manager for its Blockchain Financial Services Solutions Department. The main task will be to work with the Stellar Ledger. The information was released just a few hours ago in a LinkedIn post.
Alleged Stellar Lumens [XLM] scam: Twitter user exposes phishing fraud involving free ‘Stellar Lightning’ tokens – AMBCrypto
The cryptocurrency market has seen many scams recently, for people to turn into a skeptic. Even though the type of scam changes, this time there is an unidentified person or a group who are phishing for people’s public key for giving out free Stellar Lightning [XLL], which the hackers say has come into existence due to Stellar Lumens fork.
There’s no doubt this crypto winter we’re experiencing has taken itse toll on a number of crypto startups. Some are going broke, some are experiencing pay cuts and layoffs, and some were prepared and are unaffected.
IDAP, a new crypto derivatives exchange, today announced the dates for its upcoming public token sale. Beginning with Phase 1 on February 15th, 2019, the
It was shown that more than $450 million (500 billion KRW) was raised through ICO (Initial Coin Offering) in foreign countries last year. On average, one ICO company raised about $29.7 million (33 billion KRW). However, funds were mostly raised through South Korean investors, and additional damage is expected on investors as history of how these funds have been used is unclear.
The appellate court’s opinion could open the door for cracking down on unregulated Bitcoin trading.
Yesterday, the Cboe filed for a rule change pertaining to listing a Bitcoin-based Exchange Traded Fund (ETF). The filing comes following the Securities and Exchange Commission’s (SEC) ossification on the matter having. The SEC has already rejected multiple requests for a crypto ETF. Earlier this month, the Cboe withdrew the filing for the VanEck Bitcoin ETF.
“This analysis is an adaptation from the work of Mati Greenspan, Senior Market Analyst at eToro” Key Highlights: Ripple and Swift’s Top bosses lock horns at Paris Fintech Forum Swift CEO announces a brand-new partnership with payments provider R3.
Cboe, VanEck, and SolidX have resubmitted their joint proposal for the first US-based Bitcoin Exchange-traded fund (ETF) following the end of the government shutdown. The earlier proposal for the ETF fell through on Wednesday, January 23, as the US government shutdown.
SWIFT, the cross border payments system used to settle payments, announced yesterday that it would link R3’s open source blockchain solution at a proof-of-concept stage to improve their current cross border payments function.
Oranges. What other food’s name is its own color? And what other food is on the blockchain? No other foods except oranges. Just in time for Lunar New Year, Pacific International Lines and IBM Blockchain are using an electronic Bill of Lading – essentially an invoice that helps shippers follow a product from factory to …
IBM has completed a trial of blockchain technology to track a shipment of mandarin oranges from China to Singapore. Announced today, 28 tons of mandarin oranges, or 3,000 cartons containing approximately 108,000 fruits, were delivered ahead of Chinese New Year celebration on Feb. 5 (mandarin oranges are a symbol of prosperity, IBM explained).
A new stable coin has emerged in the market. But instead of being backed by fiat currency (such as USD, EUR, JPY etc) the new cryptocurrency is backed by Bitcoin. And the token is an ERC-20 token, that is it …
The last few years in the crypto markets have been like riding a roller coaster. There was period of pure euphoria, mainly during 2017. And, now, we are stuck, perpetually it seems, in a period of doom and gloom. It’s unclear when things will turn around.
Bitcoin is a phenomenon which took everybody by surprise when it reached the highest price of around $20K by December end 2017. If you are among those who knew of the phenomenon but were late to jump on the bandwagon, then don’t worry Bitcoin mining could be your way to…
In elementary term, Ethereum is an open software platform, which is based on the blockchain technology that helps developers building and deploying decentralized applications. Similar to Bitcoin, Ethereum is a distributed public blockchain network. Of course, there are some major technical differences, but the most important one is that they…
Bitcoin’s Advancing Lightning: Wumbo Gets Its Day Earlier this year, Bitcoin launched their new lightning network transaction program to (you guessed it), make transactions happen faster. Despite warnings from developers that the release was “reckless” because there could be bugs that cause the irreversible loss of coin within, it did not stop users’ excitement or the beginning of its use.
ICOx Innovations Inc ( CVE:ICOX)(OTCMKTS:ICOX) Chairman and co-founder Cameron Chell tells Proactive Investors the platform that builds blockchain solutions for businesses has built a new corporate cryptocurrency called FreedomCoin. Chells says FreedomCoin will allow the users of GunBroker.com, an online marketplace for hunting, outdoor sports and firearms the ability to pay for purchases using a digital wallet.
Bloomberg: Current Cryptocurrency Market a Buying Opportunity for Venture Capitalists – Ethereum World News
Cryptocurrency, Venture Capital-Despite the current depressed market prices for Bitcoin and major altcoins, crypto hedge funds turned venture capitalist are finding themselves in the midst of a potential buying opportunity. According to Bloomberg, the rush to establish cryptocurrency hedge funds throughout the bullish market of 2017 has led to an uptick in venture capital activity, …
Following months of financial and legal troubles, major Canadian cryptocurrency exchange QuadrigaCX has filed for creditor protection, according to an official announcement on Jan. 31. Per a statement on the exchange’s website, the firm filed an application for creditor protection in the Nova Scotia Supreme Court today in compliance with the Companies’ Creditors Arrangement Act (CCAA).
American financial services giant Fidelity said that its cryptocurrency trading and custody platform is in the “final testing and process refinement periods” in a Medium blog post on Jan. 31. Per the announcement, the firm is currently providing services to a small, select group of clients while it continues to build the platform’s infrastructure.
Bitcoin [BTC] and the cryptocurrency industry is not being helped by defaults on tax payments: Bittax – AMBCrypto
In a statement that could incite a reaction from many who adhere to the strict tenets of cryptocurrency, a tax firm has suggested that anti-establishment attitude and defaulting on taxes owing to any Bitcoin or cryptocurrency transactions will only contribute to the slower adoption of cryptocurrencies on a wider scale.
Another bitcoin ATM operator has received one of New York’s coveted BitLicenses. Cottonwood Vending LLC was granted one of the virtual currency licenses Thursday, the New York Department of Financial Services announced on Twitter, joining a select group of fewer than 20 crypto companies to receive regulatory approval to operate within the Empire State.
Along with artificial intelligence and the Internet of Things, blockchain is one of a handful of technologies that might have more buzz around it than actual deployments across state and local governments. Blockchain technology, in and of itself, cannot replace legacy systems for databases, record keeping or transaction management, but it can enhance such systems, experts say.
MIAMI – The information sharing and collaboration that blockchain technology fosters should lead to improved risk assessment processes, insurance and technology experts say. And as the technology spreads through the insurance placement chain, captive insurer owners will be able to use the blockchain to expand their coverage of third-party risks, they say.
Joseph Lubin: “With Last Year’s Contraction Now Ending, The Future Looks Good For Crypto” ConsenSys and Ethereum co-Founder Joe Lubin recently spoke with CNN Money Switzerland about the future of blockchain technology and how he feels the traditional stock market will perform in 2019.
Canadian-based QuardigaCX says they can’t find their cold storage wallets. In a notice published on its website, the crypto exchange says they have filed an application for protection under the Companies’ Creditors Arrangement Act (CCAA), a Canadian law which deals with bankruptcies in Canada.
It’s a case of police entrapment that goes beyond the pale. After a ruling Wednesday by the U.S. Third District Court of appeals, a Florida man will have to face a trial by jury over felony charges in Miami for selling bitcoin to undercover police.
Financial services provider Fidelity, which has some $7.2 trillion in client assets under management, said Thursday that its anticipated crypto trading and custody platform is in its “final testing” phase. The company noted in a blog post late Thursday that it had on-boarded “a select set of eligible clients” already, while it worked on building Fidelity Digital Asset Services (FDAS).
Korean Government Upholds ICO Ban: “No Company Had Actual Service,” Tokens Dumped | Crowdfund Insider
Citing “high risk,” “insufficient disclosure,” “no actual service” and token dump price plunges of 68% immediately after privately sold coins are introduced onto public exchanges, the Korean Government has decided to uphold strict regulation (reportedly a ban) on ICOs (initial coin offerings).
Paxful, a popular peer-to-peer cryptocurrency exchange, has recently revealed that its transaction volume has been steadily increasing since January of 2018, leading to a year-over-year increase of 130.68%, when compared to 2017.
The Ethereum hardware hackathon ETHDenver has announced that they are partnering with UNICEF on a blockchain token reward system. The token aims to encourage developers to create projects that would benefit society. ETHDenver has joined hands with UNICEF Ventures, UNICEF France and ETH startup Bounties Network to build a prototype.
Europe continues to see more counties taking a pro-crypto stance. Countries such as the UK, Switzerland, and Malta, have already made huge strides towards furthering their respective positions in the market. While there are many contributing factors behind these moves, the introduction of security tokens has played a huge roll in these countries decision.
Canadian crypto exchange QuadrigaCX is filing for protection from creditors, a step taken to avoid bankruptcy. In a statement posted to its website nearly a week after the portal became inaccessible, the exchange announced that it had filed “an application for creditor protection in accordance with the Companies’ Creditors Arrangement Act,” as part of a move to “address” financial issues.
South Korea’s Financial Services Commission (FSC) has decided to maintain its current ban on initial coin offerings (ICOs), based on the results of a recent survey and concerns that crypto firms have been bypassing the existing restrictions.
Cryptocurrency markets in 2019 are “going to be quiet for a little bit” while firms focus on building the crypto space, the CEO of CoinList Andy Bromberg told Yahoo Finance on Jan. 31. Following record highs at the end of 2017, cryptocurrency markets in 2018 were mostly bearish.
Because Rhode Island is a veritable hive of cool people doing cool things and hiring personal assistants is expensive, we at Rhode Island Inno have established a curated calendar of statewide goings-on we think readers will enjoy – alllll in one spot.
BitGive, the first bitcoin 501(c)(3) nonprofit recognized by the U.S. government, marked its fifth anniversary in 2018. BitGive is a funding platform that accepts and sends donations in bitcoin (digital money) with a blockchain (a digital network and ledger). It distributes the funds to nonprofits quickly, cheaply and securely-taking advantage of some of blockchain technology’s most lauded features.
Cryptocurrency exchange Zebpay is opening new offices in five European countries, increasing its presence on the continent to 26 countries. Launched in 2011 in India, Zebpay grew into one of the country’s largest cryptocurrency exchanges before shuttering its operation in September 2018, due to the crypto ban in the country.
Ripple fans compared to “Flat Earthers” by a prominent Bitcoin [BTC] enthusiast and trader – AMBCrypto
Tone Vays, a prominent trader, Bitcoin enthusiast and head of research at Brave New Coin tweeted that having a debate between prominent people in the Bitcoin community and those in the XRP and Ripple community would be like a conversation between “Geologists” and “Flat Earthers”.
Yesterday was a positive day for the crypto markets, with many cryptocurrencies surging to recover some of their recent losses. Despite this, the markets were not able to maintain their upwards momentum, and all major cryptocurrencies have dropped today, with Ripple (XRP) surrendering a portion of its recent gains.
The Chicago Board Options Exchange (CBOE) and VanEck refiled their Bitcoin exchange-traded fund (ETF) application. But, there likely won’t be a Bitcoin ETF by the end of the year and possibly by the year’s end. On January 31, as CCN reported, VanEck announced that it submitted its newly drafted Bitcoin ETF application to the U.S.
Crypto proponents have been excited by the launch of bitcoin futures and options, but many are unfamiliar with the fundamentals. Bitcoin options are a popular way to take advantage of a volatile market by strategically hedging some of the risk.
Iran Highlights Importance of Decentralized, Independent Money with National Cryptocurrency Discussion
Iran has recently met with eight other leading nations to consider implementing a national cryptocurrency to circumvent U.S. imposed sanctions. Talks with eight countries on using cryptocurrency in monetary transactions in progress.
Much of the growing interest in bitcoin and other digital currencies has been focused on individual financial gain and buying lambos. For those who would rather utilize their digital assets to effect positive change in the world, however, there is also the ability to donate to charity using crypto.
Circle Research has released a report which breaks down the data from 2018 to show trends which formed in cryptocurrency. Putting aside the current prices, the report is actually very optimistic, showing that there has been much growth in development, institutional infrastructure and dApp deployment.
Bitcoin (BTC) Holds Steady Above $3,400, But Analysts Still Believe Further Losses Could Be in Store | NewsBTC
Following Bitcoin’s recent drop into the $3,400 region, it has been able to hold support above $3,400 for an extended period of time, which may ultimately prove to be positive for Bitcoin’s price action. It is important to note that Bitcoin (BTC) has not yet been able to break above $3,500, which appears to be a relative level of resistance for the cryptocurrency.
While the journalism community is slowly starting to take note of blockchain, for many it is still a mystery. But there is more to this technology than just Bitcoin, and an increasing number of startups use blockchain to address some of the biggest problems journalists face today, like misinformation or lack of trust in the media brands.
Stellar (XLM) Micropayments to the Rescue for EU Digital Publishing House Alex Springer via SatoshiPay Wallet
Journalism has been unkind and relentless place, especially for online publishers. Most publications are free to read, leading to paywalls for companies to bring in revenue to keep their businesses afloat. However, there are limits to how much the average consumer is willing to spend on their news publications, which is shown through the 1,000 jobs that were lost on HuffPost, Buzzfeed, and Gannett in this week alone.