Author: BitcoinGuide.com

Bitcoin technical analysis: BTC/USD vulnerabilities tilt to the downside given daily bearish penannt structure | Forex Crunch

Bitcoin price is trading marginally in the red down some 0.50% in the second half of the session. BTC/USD price is finding critical support at $7500, preventing a free-fall. Price action has formed a bearish pennant structure via the daily chart view, subject to a potential breakout south.

California’s Gig Worker Law … Is Going To Fail

Last month, California Gov. Gavin Newsom signed sweeping new legislation into law that should be a game-changer for those working in the so-called gig economy. The law requires employers to provide full wages and benefits to gig workers (such as drivers for Lyft and Uber).

Blockchain Foundry Issues Employee Compensation Shares

TORONTO, Sept. 30, 2019 (GLOBE NEWSWIRE) — Blockchain Foundry Inc. (“BCF” or the “Company”) (CSE:BCFN)( 8BF.F)( BLFDF), a leading North American blockchain development firm, announced today that it has issued 2,562,594 common shares at a price of $0.05 to certain employees in lieu of salary.

Longfin CEO Ordered to Pay $6.8 Million in Crypto Fraud Scheme

Longfin Corp’s CEO and his now-defunct cryptocurrency company have been ordered to pay $6.8 million to the US Securities and Exchange Commission (SEC) to settle charges relating to an accounting fraud and unregistered ICO. On Monday, the US regulator announced the ruling in the case, which revolved around Longfin and its CEO, Venkata Meenavalli who is accused with orchestrating a scheme to inflate its revenue.

Bittrex Announces New Trading Platform Based in Liechtenstein

Cryptocurrency trading platform Bittrex has announced Bittrex Global, a new platform headquartered in Liechtenstein.

NBA Halts Basketball Star Spencer Dinwiddie’s Plan To Tokenize His Contract

Financial Advisor Magazine created exclusively for advisors by highly experienced editorial and publishing teams. We provide an interactive community for the Financial Advisor, Investment Advisor, Financial Planner, Financial Planning, RIA, Retirement Planning, ETFs, Alternative Investments, Investment News, Broker-Dealer, CFP, Wealth Manager. Financial Advisor magazine produces the Alternative Investment Strategies, Retirement Strategies, and Fiduciary Gatekeeper conferences.

IOSCO issues investor ed guidance | Investment Executive

Framework is designed to help develop and implement education programs As it kicks off the third annual World Investor Week (WIW), the International Organization of Securities Commissions (IOSCO) is publishing guidance that aims to foster the development of investor education initiatives.

U.S. SEC fines blockchain company Block.one $24 mln over coin offering

Sept 30 (Reuters) – Block.one agreed to pay a $24 million civil fine to settle U.S. regulatory charges that the blockchain company conducted an unregistered initial coin offering that raised the equivalent of several billion dollars from June 2017 to June 2018. The U.S.

Bank of Ireland staff asked to testify in $300M OneCoin fraud case

As the multi-billion dollar OneCoin cryptocurrency pyramid scheme continues to tumble, news of witnesses set to testify against the scam’s perpetrators are now coming to light. According to Finance Feeds, employees of the Bank of Ireland have been asked to testify in the case against Mark Scott, one of the alleged figureheads of the $3 billion-plus OneCoin scam.

Fintech startup Revolut partners with Visa to expand into new markets – The Block

Revolut, the digital banking startup, is partnering with Visa to expand its services into 24 new markets including the U.S. and Canada, the firm announced Monday. As part of its expansion, Revolut also plans to hire 3,500 new employees, bringing the total number of employees working for the startup to 5,000, according to a report by Reuters.

Ripple Acquires Cryptocurrency Exchange Algrim To Expand Its Operations In Europe | UseTheBitcoin

Ripple, one of the fastest-growing companies in the cryptocurrency market, announced they purchased the Icelandic cryptocurrency trading firm Algrim. The main goal is to expand its presence in Europe by launching operations in Iceland. Ripple, a leader in enterprise blockchain solutions and provider of cross-border payment products, announced it is acquiring a new company to expand its presence in Europe.

CFTC charges Pennsylvania man with $7 million Bitcoin fraud

The Commodity Futures Trading Commission (CFTC) has charged Pennsylvania native John Barry Thompson with allegedly defrauding would-be customers of $7 million-worth of Bitcoin, according to a statement today from the CFTC.

Are Trading Vehicles Dragging Crypto Into Maturity?

Crypto derivatives have significant implications on the young market, but are they positive, negative or too difficult to predict?

Binance adds staking support for TRON; becomes super representative with over 59% of votes – The Block

Binance has added support for TRON staking to its recently launched staking platform, the exchange announced on Monday. Starting Oct. 1, Binance users with TRX on the exchange will begin receiving their share of the block rewards produced by Super Representatives on the TRON network.

Bitcoin Cash technical analysis: Bitcoin Cash technical analysis: BCH/USD may not be out of harms way yet

Bitcoin Cash price is trading in the green, up 4.00% the session on Monday. BCH/USD price action is largely capped to the upside by daily resistance at $230. Trading conditions over the last four sessions have been narrow, as the price consolidates.

Bitcoin price analysis: BTC/USD near-term recovery vulnerable

Bitcoin on Monday is trading up 2.60% in the second half of the session. BTC/USD price action managed to stabilise, after bottoming down at $7500 recently. The Bitcoin price late in the session on Monday is trading up some 2.60%, as the price managed to stabilize within the $7500 within recent sessions.

Crypto Analyst: Altcoin Apocalypse Caused Bitcoin Bear Market | NewsBTC

Bitcoin was the first cryptocurrency to ever be created, and any crypto assets created after it are referred to as altcoins. These altcoins promise to improve upon Bitcoin in a number of ways – from faster transaction speeds to a larger supply and other attributes – and to bring investors gains similar to that of early Bitcoin investors.

Bitcoin Crosses Important Resistance, Bullish Move Incoming? – BeInCrypto

A number of analysts have been eyeing the $8,200 per Bitcoin price as an area of resistance. For them, holding above this target is an indication of further upside potential for the price. Two of those digital currency market analysts that have identified the $8,200 price point as important are Twitter users Crypto Welson (@CryptoWelson) and Crypto Loomdart (@Loomdart).

The 5th Global Blockchain Summit (WGBS) Successfully Held in Shanghai

The 5th Global Blockchain Summit, organized by Wanxiang Blockchain Labs, took place on Sept 17 & 18 at W Shanghai – The Bund. Since 2015, Wanxiang Blockchain Summit has been widely recognized as one of the most influential blockchain events of the year.

BlockFiesta breaks down blockchain technology

ALBUQUERQUE, N.M. – A one-day conference in Albuquerque this Friday could help local businesses, professionals and others learn how to harness blockchain, an emerging technology that’s busting up old, less secure ways of sharing information online. CNM Ingenuity, a nonprofit that manages Central New Mexico Community College’s commercial activities, is hosting the second annual BlockFiesta conference at its main campus Friday, Oct.

FairWin Reponds to Accusations of Ethereum Consuming ‘Ponzi Scheme’ | BTCMANAGER

A few days ago, it was revealed that a gambling dApp, FairWin, had created a smart contract with a number of vulnerabilities. FairWin had given themselves the ability to drain a smart contract of all the ETH it contained. This vulnerability was spotted only after the project gained popularity, and…

New Council To Rate Crypto Assets On Securities Scale – Law360

Law360 (September 30, 2019, 4:50 PM EDT) — Top cryptocurrency companies announced the launch Monday of the Crypto Rating Council in an effort to address one of the most difficult legal questions in the cryptocurrency world: the classification of a crypto asset under U.S. federal securities law.

https://finance.yahoo.com/news/top-exchanges-team-determine-whether-160013105.html

Crypto Markets Showing Signs of Recovery, Bitcoin Hovers About $8,200

The cryptocurrency markets are showing signs of recovery, with Bitcoin’s price hovering about the $8,200 mark.

Alert: Binance Has Delisted 30 Altcoin Trading Pairs

Binance , the world’s largest crypto exchange, has made a move to further improve the quality of its platform by delisting a number of altcoin trading pairs.

Crpyto Exchange Wants Investor Suit Tossed – Law360

The cryptocurrency company behind the Worldwide Asset eXchange wants to make a suit filed by angry investors disappear, telling a California federal court their claims are barred by an arbitration clause and common sense, because they made millions off the deal they’re complaining about.

What Does Quantum Computing Mean for Bitcoin’s Security?

In this article we review what the recent breakthroughs in the development of quantum computers mean for bitcoin, and what risks they may pose to bitcoin’s cryptographic security. What Does Quantum Computing Mean for Bitcoin’s Security?

FairWin’s smart contract has been emptied – The Block

The smart contract wallet of FairWin, a gambling game built on Ethereum which has been accused of being a ‘Ponzi scheme,’ has been emptied, according to data from Etherscan. There was approximately $3 million in ether in the contract prior to a series of withdrawals.

Band Protocol Lets You Bet On Bitcoin With Oracles | Crypto Briefing

If trading cryptocurrencies isn’t risky enough, you can now spice up your life with , a decentralized binary options trading app developed by Band Protocol. Binary options are similar to a wager you’d do with your friends: if the price of an asset is above a certain defined value at a certain time, you get $100.

Bitcoin Price Bounces Back to $8.4K but Bearish Bias Remains

Bitcoin bounces back from the drop to $7,800 but bulls are unsure whether the crypto market bottom is in?

https://www.bloomberg.com/news/videos/2019-09-30/why-this-week-s-hot-trade-focuses-on-bitcoin-s-recent-price-dip-video

A Definite Guide to How Cryptocurrency is Getting Better than Regular Banking – The Bank

By Bill Burke It’s an open secret that cryptocurrency is becoming more familiar to people than what it used to be in the past couple of years! While not everyone is well familiar with the concept of cryptocurrency, they at least know that cryptocurrency is getting way better than the old-school regular banking!

Ethereum’s Technical Picture Improved – Moving Above $170.00

Ethereum price recovers above the middle line of four-hour Bollinger Band. Further recovery is possible once the price moves above $180.00. ETH/USD touched $175.39 before retreating to $173.50 by the time of writing.

U Wyoming Spurs Blockchain Development with Hackathon ‘Stampede’ — Campus Technology

For the second year, the University of Wyoming has hosted a multi-challenge hackathon focused on blockchain. The ‘Blockchain Stampede,’ part of the university’s College of Engineering and Applied Science WyoHackathon, is intended to help highlight the state’s commitment to blockchain technology.

Blockchain in Energy: A Review of the Current Landscape

At the recent Blockchain in Energy conference hosted by Greentech Media (GTM), the theme was entirely clear: the perception of blockchain in the energy industry has matured from proclaiming blockchain a disruptive panacea that would completely vault a heavily regulated industry into the transactive grid of the future to placing blockchain as a tool in the firmament of the technology stack for the currently transitioning grid.

Ripple Moves $15,351,840 Worth of XRP Shortly after Acquiring Algrim

It has been confirmed that Ripple, a Sans Francisco based blockchain startup, has moved an equivalence of $15,351,840 in XRP (60,000,000 XRP) hours after it announced the acquisition of Iceland based cryptocurrency exchange. The fund transfer lands on Ripple’s well-known OTC Wallet. The purpose o

Ripple Releases Over 60M XRP Just After Recovering From Yearly Lows – BeInCrypto

Ripple did it again. In the middle of a controversy sparked by its consistent sales of massive chunks of XRP, the San Francisco based startup released 60 Million XRP worth over 15 Million Dollars.

Well-Known Crypto Settled Derivatives Players Pose Challenges To BitMEX | Futures

Crytpo and Bitcoin Market Cap Story of Day CRYPTO MOVERS AND PRICES Crypto-Settled Derivatives Markets Have Continued To Grow In Popularity – According To Some Data, Several Well-Known Players Are Beginning To Pose Legitimate Challenges To BitMEX Volumes on crypto-settled derivatives markets, primarily denominated in bitcoin, continue to grow.

Venezuela’s Maduro says the country will activate crypto payment methods ‘soon’

Today in a televised press conference President Nicolas Maduro confirmed the government is using cryptocurrencies as a “method for free national and international payments,” Maduro said “The finance minister and Venezuela’s central bank have new instruments which we will activate very soon so that everyone can do banking transactions, as well as national and international payments through the central bank’s accounts,” he then added, “Venezuela is working within the cryptocurrency world.”.

New crypto advocacy group aims to defeat California’s “BitLicense” legislation

New York’s dreaded “BitLicense” regulatory regime could soon find its way to becoming the law of the land in five other states, according to a new political advocacy group who is sounding the alarm.

Crypto monthly charts show big changes ahead

September’s monthly charts show very strong bullish moves. To show evidence of a probable reversal, I am looking at two of the worst performing altcoins: ZRX (0x) and XLM (Stellar). Does September signal a new bull move? The psychological impact of three months of consolidation followed by an abrupt and violent crash can have a profound effect on the emotions of the participants.

Price Analysis 30/09: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, LEO

Most major cryptocurrencies have stopped falling. They can start a pullback, which will offer buying opportunities for aggressive traders.

2key – Project Breakdown

This article highlights the key utilities of 2KEY tokens and the support mechanisms that regulate the token’s supply and demand. 2key Network’s ecosystem is comprised of participants termed as contract creators, referrers, and integrators and a number of smart contracts including the Moderator and E

NEO’s strategy of ‘pragmatic’ centralization

One of NEO’s competitive advantages over Bitcoin and Ethereum is its ‘pragmatic’ approach toward centralization, argues founder Da Hongfei. One of NEO’s main criticisms is its centralization, both politically and architecturally. Right now, the NEO Foundation and its related organizations-for-profit NEO Global Capital and non-profit NEO Global Development-hold enormous power.

Binance disables trading for Tron’s BitTorrent token (BTT) against Bitcoin

Just a few months after its launch, and following a record-setting IEO in January, Binance has delisted the option to trade BitTorrent tokens against Bitcoin. Earlier today, the world’s largest cryptocurrency exchange by volume announced that it will remove the BTT trading pair, along with 29 others, from its platform as a way to “to improve liquidity and user trading experience.”

Overstock’s wild ride continues as investors cry foul – The Block

Despite Patrick Byrne stepping down from his helm at Overstock over a month ago, the drama surrounding the name continues to play out like a soap opera. Following Byrne’s $90 million sell-off of company stock, the company has issued several disappointing press releases, leading many speculators to cry foul.

Coinbase, Others Form ‘Crypto Rating Council’ to Indicate Crypto Securities Violations

In a blog post published September 30th, 2019, Coinbase announced the launch of the ‘Crypto Rating Council’. Coinbase will work with seven other firms to provide a 1-5 rating which assesses how likely a digital asset is to violate U.S. securities laws. 20 cryptocurrencies have already been assessed.

SIX Group’s Swiss Digital Exchange (SDX) Is Lining Up Investors for Its “Initial Digital Offering”

The Swiss Digital Exchange (SDX), which is a part of the SIX Group, has recently started to organize the investors for its upcoming ” Initial Digital Offering ” (IDO). According to reports from Coindesk, the CEO of SDX Thomas Kindle affirmed that the IDO will happen in the middle of next year.

An analysis of Casascius coins – The Block

Research Bitcoin Quick Take Casascius coins are physical bitcoins embedded with the private keys of bitcoins To date, 44,851 BTC ($371M) in Casascius coins have been redeemed Approximately 48,475 BTC ($397M) in Casascius coins have yet to be redeemed Mike Caldwell, a long-time Bitcoin enthusiast, wanted a way to create physical representations of bitcoins.

Mark Cuban bullish on blockchain, but would take bananas over bitcoin – The Block

In a Q&A video segment with WIRED magazine, Dallas Mavericks owner and billionaire investor Mark Cuban answered a question regarding the opportunity for cryptocurrencies and ICOs. Cuban started off saying that crypto, particularly Bitcoin is only “worth what somebody will pay for it.” Cuban then compared bitcoins with collectibles such as baseball cards, art, and …

CFTC files charges against alleged $7M bitcoin fraudster – The Block

The U.S. Commodity Futures Trading Commission (CFTC) has charged Jon Barry Thompson with fraud, alleging that in 2018 he fraudulently convinced two clients to send approximately $7 million to fund bitcoin purchases he never actually made.

Bitcoin up on the day but stays below the 200 day MA

The price is below the 200 day MA on Coinbase for 5 days now The price of Bitcoin on Coinbase is up on the day but is staying below the 200 day MA for the 5th straight day (green line on the chart below).

Cryptocurrency for container shipping strikes out

An early blockchain-based liner shipping product has shuttered due to a lack of demand, signaling that the industry is still struggling to understand the concept and the value of blockchain and cryptocurrency.

Cryptocurrency Faces Challenges in Cuba Despite Growing Crypto Adoption

Cuba rolled out mobile across the country last year, and this has resulted in increased usage of cryptocurrency. Most Cubans are increasingly using cryptocurrencies to circumvent economic sanctions levied by the US to access the global marketplace. However, despite this increasing adoption, crypto still faces several challenges in Cuba.

Sicily is the First Italian Region to Use Blockchain in Supply Chain for Food Tracking – Coinfomania

On 25th September the Sicilian Regional Assembly obtained the green light to use blockchain in agriculture for traceability of food products. It was announced by MP for the Italian southern region Jose Marano who had been working on the development of the bill for at least a year.

XRP Rated as Security while Bitcoin, Litecoin, & Monero has the Least Score: Crypto Rating Council

Cryptocurrency exchanges and investment platforms have taken it upon themselves to determine which crypto asset is a security and which isn’t.

DHS Awards Blockchain Contract to Fight Forgeries in Immigration

The Homeland Security Department awarded an Austrian technology company more than $143,000 Friday to institute interoperability between the agency’s multiple data formats and blockchain-related endeavors-and to ultimately implement an innovative distributed ledger solution to combat forgery and counterfeiting in immigration and citizenship documents. As a modern record-keeping technology, blockchain validates information on a secure decentralized public ledger.

Ripple Sends $15.3 Million XRP to Trading Address, Is a Dump for the Crypto Incoming? | NewsBTC

Ripple, the company behind the XRP crypto asset, has reportedly just moved around $15.3 million worth of the digital currency to a wallet associated with over-the-counter sales. The news could be a sign that the firm is planning to dump yet more of its XRP tokens on the market.

Crypto currency for container shipping strikes out

An early blockchain-based liner shipping product has shuttered due to a lack of demand, signaling that the industry is still struggling to understand the concept and the value of blockchain and cryptocurrency.

https://www.bloomberg.com/news/articles/2019-09-30/maduro-says-venezuela-to-activate-crypto-payment-method-soon

German Police Seize Second Crypto-Fueled Cyberbunker – CoinDesk

German police have raided and shut down Cyberbunker 2.0, a decommissioned NATO bunker that housed dark web market servers and child porn. The bunker, hidden in the Mosel River town of Traben-Trarbach, held multiple stories of servers as well as “$41 million worth of funds allegedly tied to these markets,” according to security researcher Brian Krebs.

https://menafn.com/1099069029/Altcoins-is-a-crypto-winter-about-to-start-againDaily-Outlook

NEO News: Week in Review – September 23rd – September 29th – NEO News Today

During the .NET Conference 2019, NEO announced that it had joined the Microsoft created .NET Foundation – making it the first blockchain project to join the organization. NEO said that together, “NEO and the .NET Foundation will further empower millions of developers to build the foundation for next-gen Internet.”

Mother Dairy’s token milk to cost Rs 4 less to cut plastic use | Delhi News – Times of India

New Delhi: In a bid to cut down on the usage of plastic, Mother Dairy has lowered the price of ‘token milk’ by Rs 4 a litre compared with its packaged counterpart. With the current daily average volume of 6 lakh litres through Mother Dairy’s network of 900 booths, the cash incentive comes close to Rs 90 crore a year.

If You Followed Peter Schiff’s Calls, You Missed Gains of 44,400% on Bitcoin

Peter Schiff, the chief executive of Euro Pacific Capital and Chairman of Schiff Gold, is an outspoken bitcoin hater. His animosity against the top cryptocurrency can be traced as far back as June 21, 2011. In his very own radio show, Schiff fervently expressed how bitcoin had no intrinsic value.

HIVE Blockchain Reports 318 Percent Increase in Mining Capacity | INN

HIVE Blockchain (TSXV:HIVE), a virtual currency mining company reported its fiscal 2018 financial results and fourth quarter 2019 results. After a number of corporate shufflings, the company reported a 318 percent increase in year-over-year increase in revenues, including mining over 82,000 ethereum. A total of 1,751 bitcoin were also mined for the year ending March 31, 2019.

Uzbekistan’s New Bill Puts Crypto Mining Industry in Danger

The Cryptocurrency Mining Industry in Uzbekistan is at risk, due to a bill introduced by the Uzbek government to hike power charges for cryptocurrency miners. The new bill proposed by the Ministry of Energy of Uzbekistan has proposed, a very steep increase in the power rates charged to the miners.

Regulated Bitcoin Trading Platform, Propelled by the Second-Biggest German Stock Exchange – InsideBitcoins.com

The computerized arm of the second-biggest stock trade in Germany, the Stuttgart Stock Exchange, has just propelled Bitcoin trading, on the 23rd of September. The Digital Exchange of the Stuttgart Stock Exchange (BSDEX) will be the nation’s originally regulated trading platform that gives speculators all they require to cooperate with the exemption of third parties.

Ravencoin to Fork to Combat ASIC’s – Crypto.IQ | Bitcoin and Investment News from Inside Experts You Can Trust

Forks are a normal phenomenon in the cryptocurrency industry. One of the latest networks set to undergo a fork is Ravencoin. Ravencoin is a network conceived for asset tokenization, and that was born with the mindset that mining efforts should be as decentralized as possible. Designed to be ASIC-resistant, Ravencoin’s algorithm X16R rotates through a…

Venezuela Wants to Use Its Bitcoin Stash

September 30, 2019 FEDERICO PARRA/AFP/Getty Images When it comes to bitcoin, Venezuela has been in “buy buy buy” mode. The country’s now looking to leverage its stockpile to alleviate a dizzying array of financial headaches. Venezuela’s central bank is exploring whether it can store digital currencies in its reserves, Bloomberg reported last week.

Bitcoin Bottoming In Process

For Long-Term Traders: The short term is leading us the way to a bottom, which is not in despite being very close to the ideal targets in my ‘intermediate term views’. You have a choice to make which is to put on some tranches, or really watch those short term counts.

Easton man indicted on charges he stole $7M via fake Bitcoin transactions

An Easton man accused of stealing $7 million from two companies by lying about Bitcoin transactions is facing new legal trouble. Jon Barry Thompson, also known as J. Barry Thompson, was arrested in July in Easton, and charged with two counts each of commodities fraud and wire fraud.

Global Bitcoin ATM Market with SWOT Analysis, Competitor Revenue Tracking, Profitable Strategies and Developments : Ethereum ,Litecoin ,Monero – News Conduct

Bitcoin ATM market Estimate and Forecast 2019-2025 delivers possible and functional intelligence of the market that has been accurately analyzed using different models. The report contains important data and factors influencing the commercial enlargement of the Bitcoin ATM market. The report considers the customer purchasing patterns, development rate, macroeconomic parameters, market demand, and supply states during the study of the geographical…

Crypto Struggle Continues as All Top Cryptos Remain in Short Downtrend

Price Analysis As the cryptocurrency market continues to struggle to regain values, Bitcoin Cash starts the week off by sinking a further near 4% . Since yesterday, the top five cryptocurrencies – Litecoin, Bitcoin, Bitcoin Cash, Ethereum, and Ripple – have gone down -2.25% in aggregate.

https://www.cryptoninjas.net/2019/09/30/crypto-miner-hive-sees-140-income-rise-over-fy2018

Ethereum’s Istanbul Upgrade Will Break 680 Smart Contracts on Aragon – CoinDesk

A system-wide upgrade is coming to ethereum’s Ropsten test network on Wednesday. And while “Istanbul” should ultimately introduce network efficiencies, the testnet launch won’t be smooth sailing for everyone. For governance platform Aragon, in particular, the code changes are expected to break roughly 680 smart contracts, according to Aragon One CTO Jorge Izquierdo.

Santander brings blockchain payments to Madrid’s buses

Soon travelers in Madrid will be able to pay for their public transport using a single unified digital payment system, powered by blockchain. In partnership with Banco Santander, blockchain certification company Vottun is developing an all-in-one system that will unify all of the city’s public transport under one app, driven by blockchain.

What to Expect at the Malta A.I. and Blockchain Summit: 3rd Edition – BTCNN

The third installment of the seasonal Malta A.I. and Blockchain Summit is set to take place on the 7th and 8th of November this year. As with previous editions, the event will feature talks and exhibitions by some of the biggest names in the industry, including Brock Pierce, Tone Vays, Tim Draper, and Bobby Lee.

#Blockchain Profiles- Meet Kallol Borah Founder Of Verified AG

Financial Advisor Magazine created exclusively for advisors by highly experienced editorial and publishing teams. We provide an interactive community for the Financial Advisor, Investment Advisor, Financial Planner, Financial Planning, RIA, Retirement Planning, ETFs, Alternative Investments, Investment News, Broker-Dealer, CFP, Wealth Manager. Financial Advisor magazine produces the Alternative Investment Strategies, Retirement Strategies, and Fiduciary Gatekeeper conferences.

Ethereum’s Istanbul Upgrade Arrives Early, Causes Testnet Split – CoinDesk

Ethereum test network Ropsten has forked into two separate chains following the activation of system-wide upgrade Istanbul. “It appears there are two different chains mining the Ropsten test network. There are miners mining on the old [Ropsten] chain and miners mining the new one,” explained Ethereum Foundation community manager Hudson Jameson, adding in a tweet: “This is what testnets are for!

Comerica Bank Disavows Alleged Crypto-Scammers

DALLAS, Sept. 27, 2019 / TheStockDork / – Comerica Bank (NYSE: CMA) is denouncing a group operating in Asia that is infringing on its brand. The group, VRB, falsely claimed to have financial backing from Comerica, and now Comerica is biting back.

Ex-Fed Official Says Crypto Won’t Replace US Dollar – Market Realist

Whether we like cryptocurrency or hate it, one thing we can’t afford to do is ignore it. Central bank officials, members of Congress, and President Trump have weighed in on the value and merits of blockchain-based currency. This key question stands out in a world still dominated by dollars and other fiat money.

California BitLicense Exposes Fault Lines Among Cryptocurrency Advocates

There is a rift emerging in the crypto sector. California’s AB 1489 (the “CA Act”) which is modeled on the Uniform Law Commission’s (ULC’s) Uniform Regulation of Virtual Currency Businesses Act (the “Model Act”) seeks to regulate companies engaged in virtual currency business activity. Not everyone is on board.

Launch of Binance US Can Have Far-Reaching Effects on Crypto Market

Will Binance’s entry into the U.S. market pave the way for other prominent exchanges as well?

Japanese Messaging App LINE Positioning Itself As Leader In Blockchain and Crypto Space

Enterprise blockchain and cryptocurrency adoption has been peeking in 2019 with news constantly filtering through of major Western powers such as IBM, Microsoft, Amazon, and other tech companies exploring space. Advancements such as Facebook looking to create its own cryptocurrency, and JPMorgan and Wells Fargo also piloting their cross-border payments, have been heralded as revolutionary.

Binance Announces Coin Cull, Delists Stablecoin Pairs – Cryptovest

Third party services may advertise Spread bets and CFDs on Cryptovest, which are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when spread betting or trading CFDs.

Nomura and Daiwa join effort on blockchain-based fundraising

TOKYO — Leading Japanese brokerages will form an organization Tuesday to set rules for issuing blockchain-based digital securities that represent a new way of raising capital from assets like real estate. Security token offerings will become a fundraising option in Japan next April following a legal change that clarifies disclosure requirements and other rules.

Iranian Bitcoin Miners Constantly in Fear of Huge Fines and Even Jail Time – ChainBulletin

It seems that the government of Iran is trying to restrain local cryptocurrency mining operations. Over the last three months officials are working on a new law for formal mining licenses. The legislation is not yet approved officially but Iranian bitcoin miners are already living in constant fear.

Can Bitcoin Keep Central Banks in Check?

Is Bitcoin the antidote to fiscal and monetary irresponsibility? Certain individuals in the financial space, like cryptocurrency fund executive Travis Kling, believe that Bitcoin is one of the biggest game-changers in monetary economics. In his view, Bitcoin has developed into a hedge that could protect people’s wealth in the current economic climate which looks increasingly unstable heading into 2020 and beyond.

Bitcoin Mining Mega Farm Burns Down, 2-Hour Block Time Recorded – BeInCrypto

Videos have been circulating on Twitter showing a Bitcoin mining farm burning down. Around $10M was lost in the fire. Dovey Wan (@DoveyWan) is reporting that a major fire at a Bitcoin mining farm was captured on video. Details about the story are still emerging.

Decentralized Cryptocurrency with Minimal Carbon Emissions Developed | BTCMANAGER

Distributed Computing Lab (DCL) has developed a radically innovative cryptocurrency that secures a network without centralization and emits a tiny fraction of carbon dioxide relative to that of Bitcoin (BTC). Each BTC transaction has emissions close to 300 kg, while DCL’s emits a mere few grams, as reported by MirageNews,…

Multimillion Acquisition of Cryptocurrency Exchange Bithumb Flounders

The acquiring party of premier South Korean Bithumb has failed to live up to its obligations prompting fears that the acquisition worth over $330 Million has gone sour. If the signals are anything to go by the acquisition of premier South Korean cryptocurrency exchange Bithumb may fail unless some sort of miracle occurs.

https://www.livetradingnews.com/ethereum-usd-eth-eth-dips-below-170-as-bitcoin-faces-increased-selling-pressure-154753.html

ETH/USD technical analysis: Ethereum rejects 180 after breaking technical pattern | Forex Crunch

Ethereum is one of the outperformers in the crypto sphere today trading 5% higher. The technical rising wedge pattern broke to the upside but failed to gather momentum. Its been a pretty good session today for ETH/USD and most of the crypto pairs.

BlockApps Raises Series A to Grow Blockchain Adoption in Industry Business Networks

BROOKLYN, N.Y., Sept. 30, 2019 /PRNewswire/ — BlockApps, the leading enterprise blockchain platform provider, has successfully raised its Series A funding…

7 common blockchain mistakes CIOs should avoid: Although blockchain continues to gain momentum, hospital and health system CIOs can experience the same pitfalls when experimenting with the new technology.

Although blockchain continues to gain momentum, hospital and health system CIOs can experience the same pitfalls when experimenting with the new technology. Below are seven common mistakes to avoid, according to Gartner: Misunderstanding or misusing blockchain technology. Assuming that current technology is ready for production use.

Blockchain Version 1.0, 2.0, 3.0 and Future

When a block stores new data, it is added to the blockchain. Blockchain consists, as the name suggests, of several blocks of coordinates together. To add a block to the blockchain. These three things always happen: The transaction must be verified. After the purchase, the transaction must be verified.

Bitcoin Plunges Below $8,000; Will The Downfall Trend Continue?

Bitcoin Market Is In Bearish State With Clear Indications Of Hitting 2019`s Lowest Price Level The past week was a rollercoaster for Bitcoin and its price – the leader in cryptocurrencies fell from $10,000+ to $8,000 in just a few hours on Tuesday, 24 th September.

Cryptocurrency regulation, adoption, and the market

United States International European Union Asia Other United States Bitcoin price ( BTC) stayed bounced back above $8,000 on Sept. 27, the day when over 50% of open interest in Bitcoin options is set to expire. Data from Coin360 showed BTC/USD fluctuating around the $8,000 mark over the past 24 hours, having briefly fallen to new recent lows of $7,733.

‘Innovation Crushing’ Crypto Law Could Sneak Through California Legislature | Crypto Briefing

A proposed law in California could have a disastrous impact on both the U.S. cryptocurrency scene and the global industry, according to a newly-launched advocacy group. Launched today, The Aquarian Advocacy Group (TAAG) says it will campaign against the proposed Uniform Regulation of Virtual Currency Businesses Act, which is currently under debate in California’s State Assembly .