Blockchain Trade Finance Platform Set to Launch In Hong Kong
A blockchain-backed trade finance platform is getting ready to be launched by the Hong Kong Monetary Authority and partners. The system currently stands as one of the largest examples of a government-backed effort to tackle issues in the worldwide trade finance industry. Those who work in the trade finance sector often sift through lots of paperwork to verify transactions and ensure credentials are valid. Now, a new blockchain-based platform is being launched in the comingRead MoreThe post Blockchain Trade Finance Platform Set to Launch In Hong Kong appeared first on Bitcoinist.com.
Mastercard’s new patent hints at paying via cryptocurrency on your credit card
The latest patent granted to Mastercard looks to close the gap between fiat currency and cryptocurrency transaction speeds… A new patent granted by the United States Patent & Trademark Office has given a big clue as to what Mastercard might have up its sleeve. That’s because the credit card giant now has a patent described […]The post Mastercard’s new patent hints at paying via cryptocurrency on your credit card appeared first on CryptoNewsReview.
AmaZix Partnership Raises the Bar in the Fight Against ICO Fraudsters
According to recent research 80% of ICOs last year were scams, what exactly is being down to reduce this shocking number?
Bitcoin price soars, back above $7,000
The price of Bitcoin – and other cryptocurrencies – continues its upwards turn… After what’s been a challenging few weeks for cryptocurrencies pretty much across the board, Bitcoin followed its 5% price jump on Monday with a further 10% bounce on Tuesday. The price of the currency stands at $7,428.48 at the time of this […]The post Bitcoin price soars, back above $7,000 appeared first on CryptoNewsReview.
IBM is experimenting with cryptocurrency, backs new ‘stablecoin’
IBM is partnering on a digital token, that’s got high-end business users in its sights… The latest big name from the world of technology to get involved with cryptocurrency? That’d be IBM, who has announced a union with a financial technology start-up by the name of Stronghold. Between them, they’re throwing their weight behind a […]The post IBM is experimenting with cryptocurrency, backs new ‘stablecoin’ appeared first on CryptoNewsReview.
Ripple Price Analysis: XRP/USD Accelerating Above $0.5200
Key Highlights Ripple price rocketed higher and broke the $0.5000 and $0.5200 resistance levels against the US dollar. There is a major bullish trend line in place with support at $0.4920 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently correcting lower, but it remains supported near $0.5100...The post Ripple Price Analysis: XRP/USD Accelerating Above $0.5200 appeared first on NewsBTC.
Ethereum Price Analysis: ETH/USD Surging Above $500
Key Highlights ETH price surged higher and cleared a few important resistances near $500 against the US Dollar. Yesterday’s highlighted important bullish trend line is active with support at $480 on the hourly chart of ETH/USD (data feed via Kraken). The pair is placed nicely above the $500 level and it is likely to accelerate...The post Ethereum Price Analysis: ETH/USD Surging Above $500 appeared first on NewsBTC.
Crypto Exchange Bitcoin.com.au. Hires Senior PWC Exec
The talent flight to crypto sees another senior executive join the industry with Ben Ingram, former PwC director of digital strategy, appointed as CEO for crypto exchange bitcoin.com.au.
Bitcoin Cash (BCH) Price Watch: Ready for Uptrend Confirmation?
Bitcoin Cash Price Key Highlights Bitcoin Cash also formed a double bottom reversal pattern and appears to be inching past the neckline. In that case, this could confirm that bulls are back in the game and ready to take price much higher from here. Technical indicators are still reflecting the presence of bearish pressure, though....The post Bitcoin Cash (BCH) Price Watch: Ready for Uptrend Confirmation? appeared first on NewsBTC.
Bitcoin (BTC) Price Watch: Bullish Pattern Confirmation!
Bitcoin Price Key Highlights Bitcoin price finally broke above the neckline of its inverse head and shoulders pattern to signal that a rally is underway. The chart pattern is around $1,000 tall so the uptrend has room to go, but a pullback might take place. Technical indicators are showing mixed signals while sentiment favors more...The post Bitcoin (BTC) Price Watch: Bullish Pattern Confirmation! appeared first on NewsBTC.
Bitcoin Cash Price Analysis: BCH/USD Could Test $900
Key Points Bitcoin cash price surged higher and broke a major resistance near $850 against the US Dollar. Yesterday’s highlighted key bullish trend line is intact with support near $810 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is likely to accelerate gains above the $875 level and it...The post Bitcoin Cash Price Analysis: BCH/USD Could Test $900 appeared first on NewsBTC.
Bitcoin Miner Scam from Kodak Licensee Shut Down by SEC
A Bitcoin miner project operating under the Kodak brand has collapsed. The company behind the scheme has said that it has been stopped from proceeding any further by the SEC. Unrealistic Promises and Incorrect Math In January, a Bitcoin mining computer called the Kodak KashMiner was unveiled at the CES technology show held in Las Vegas. Even though it was displayed at the official Kodak stand, the computer was actually a product from a company calledRead MoreThe post Bitcoin Miner Scam from Kodak Licensee Shut Down by SEC appeared first on Bitcoinist.com.
Democracy of Two: NEO and the Crypto 'Election' That Wasn't
Early results from elections on the neo blockchain suggest the world's 12th largest cryptocurrency may be struggling to deliver on promised claims.
Hedge Fund Issues Bearish Call on Ethereum and Sides with BTC
Hedge fund Tetras Capital has issued a bearish call on ethereum and opined that bitcoin has more upside potential. The New York-based fund has been blessed with perfect timing, with ETH falling in BTC terms following the publication of its report 24 hours ago, while bitcoin has rallied strongly. Also read: Post-Flood Reflections Reveal Insights Into […]The post Hedge Fund Issues Bearish Call on Ethereum and Sides with BTC appeared first on Bitcoin News.
Stellar Becomes ‘First’ Sharia-Certified Blockchain for Payments And Asset Tokenization
Stellar has been certified by Sharia law, which will allow the deployment of Stellar technology in Islamic financial institutions
5 Altcoins to Look Out For this Summer
After a prolonged crypto winter, the dog days of the altcoin summer are finally here — which means you might want to watch these five cryptocurrencies carefully. NAGA Coin (NGC) First on the list of cryptos to look out for this summer is NAGA COIN (NGC). NAGA COIN is the token which powers the expansive and all-encompassing NAGA ecosystem — which itself includes the likes of NAGA TRADER, NAGA WALLET, and NAGA VIRTUAL. By that,Read MoreThe post 5 Altcoins to Look Out For this Summer appeared first on Bitcoinist.com.
BitPay Becomes First Payment Processor to Receive BitLicense in New York
Crypto payment processor BitPay has received a BitLicense, the special virtual currency license from the New York Department of Financial Services (DSF). The permit allows BitPay to offer clearing and settlement services to New York-based companies that want to make transactions with crypto.
3 Signs Bitcoin's Move Above $7K Might Just Hold
Bitcoin is on the rebound entering Wednesday, and three trading indicators suggest the charts are changing in the crypto asset's favor.
Litecoin Founder Says in ‘Best Case’ Recent Bank Stake Could Result in Crypto Services
Litecoin founder Charlie Lee said that the Litecoin Foundation’s new stake in a German bank could result in the bank offering crypto services
Decentralised Capital Launches Australia’s First Cryptocurrency Vault
Blockchain and investment company Decentralised Capital has announced the launch of Australia’s first ever cold storage vault for digital assets. The vault was created in partnership with Custodian Vaults, a subsidiary of precious metals firm Pallion Group. According to Stephen Moss, founder and director of Decentralised Capital, the new crypto vault is expected to takeThe post Decentralised Capital Launches Australia’s First Cryptocurrency Vault appeared first on CCN
Bitcoin Lightning Network: Scaling Cryptocurrencies for Mainstream Use
Bitcoin lightning network potentially answers the biggest technical question facing cryptocurrencies today, and has inspired a number of competing solutions. We take a look at the Lightning Network, examine how it works, and explore the pros and cons of the proposed solution to bitcoin's scaling problem.
The King is a Fink
It’s true, I’ve always enjoyed reading the paper. When I was younger I used to track the price of gold daily in my grandfather’s copy of the Wall Street Journal. Before that though, I was drawn to the funnies. The Wizard of ID is a classic. For those of you who aren’t familiar, it’s about a tyrannous but stout dictator, who hated it when people would call him a “fink,” even though the term hasRead MoreThe post The King is a Fink appeared first on Bitcoinist.com.
Kodak-Branded Bitcoin Mining Scheme Collapses
The Kodak-branded bitcoin mining rigs unveiled at the CES technology trade show this year will no longer be available to mine for customers. Amid scam accusations, the company behind the Kodak Kashminer crypto mining scheme has reportedly confirmed the plan has collapsed, citing intervention by the U.S. Securities and Exchange Commission. Also read: Yahoo! Japan Confirms […]The post Kodak-Branded Bitcoin Mining Scheme Collapses appeared first on Bitcoin News.
Will Ludos be Softbank’s next move into blockchain?
Project PAI, Softbank has made its second move, following its previous investment in a blockchain game public chain project. Softbank has recently announced its’ partnership with Ludos. Prior to this merger, top-tier crypto-investment firms including DU Capital, BA Capital and Collinstar Capital have participated in the Angel round. With Softbank, Ludos’ investment partners have now […]
VINchain Joins Ford, BMW, GM and Renault As Some of the Big Names to Connect with MOBI
VINchain has become a new partner of the industrial consortium MOBI, which is creating a new mobile ecosystem based on the distributed registry. MOBI is the most significant joint venture in the automotive industry. The Mobility Open Blockchain Initiative includes more than 30 founding members, including Bosch, Blockchain at Berkeley, Hyperledger, Fetch.ai, IBM, and IOTA. […]
Binance CEO Recaps Q4: ‘We Have Seen a Huge Uptick in Institutional Investments in the Crypto Space’
On Tuesday (17 July 2018), Changpeng Zhao, the CEO of one of the world's largest crypto exchanges (by trading volume), recapped Binance's 4th quarter, and revealed quite a few interesting bits of information.
China Sees 454% Increase in Companies with ‘Blockchain’ in Name
Today’s $1,000 bitcoin price rally aside, the cryptocurrency market might be enduring a bear cycle triggered by vanishing consumer interest, but blockchain, it seems, is still big business — particularly in China. Citing government data sourced from Chinese-language outlet Qixin, the South China Morning Post reports that, from Jan. 1 to July 16, 3,078 China-basedThe post China Sees 454% Increase in Companies with ‘Blockchain’ in Name appeared first on CCN
Japan Revamps Financial Regulatory Agency to Address Issues in FinTech, Cryptocurrencies
Following a bureaucratic overhaul, Japanese financial regulator the FSA has created a bureau to deal with fintech-related issues, including cryptocurrencies
XRP Technical Analysis: XRP Bulls Set To Dominate Q3 2018
On a weekly basis, XRP is up 14 percent as buyers continue to reverse their two month losses and syncing with April’s rally. As it is, buyers are in charge and poised to gain more thanks to the resurgent ETH and Bitcoin hauling prices from key support line. From the News For once, put aside...The post XRP Technical Analysis: XRP Bulls Set To Dominate Q3 2018 appeared first on NewsBTC.
EOS, Litecoin, Stellar Lumens, Tron, IOTA Technical Analysis: Alt-coin Buyers Going Full Throttle
Safe IOTA and Tron, Litecoin and EOS were particularly slow yesterday. That’s even at the backdrop of solid news of Peter Thiel investment at Block One, Moon Zebra launching new Litecoin supporting ATMs at Malta and Tron burning 92.4 billion ERC20 tokens. Overly though, we remain bullish and expect Q3 to be a spring board...The post EOS, Litecoin, Stellar Lumens, Tron, IOTA Technical Analysis: Alt-coin Buyers Going Full Throttle appeared first on NewsBTC.
3 Reasons Why Bitcoin is Programmed to Pump
Despite non-stop criticism, obituaries, and competition from altcoins, Bitcoin has undeniable advantages — ensuring that its value will keep rising for decades to come. It might make sense just to get some in case it catches on. If enough people think the same way, that becomes a self fulfilling prophecy. Satoshi Nakamoto, 1/17/2009 Bitcoin is a money technology, unlike anything the world has ever seen — as it requires no trust. It is simply softwareRead MoreThe post 3 Reasons Why Bitcoin is Programmed to Pump appeared first on Bitcoinist.com.
FINRA Approval Of Coinbase Acquisitions Sets Stage For Security Token Trading
Blockchain-based equity trading could become big business.
Blockchain Evolutions in Switzerland: Voting and Banking
Developments of the blockchain in Switzerland: how the voting and banking systems are being reshaped
Incoming Goldman Sachs CEO David Solomon More Keen on Bitcoin Than Predecessor
Goldman Sachs announced today that David Solomon will be the company’s new CEO, shortly before the quarterly earnings call. Lloyd C. Blankfein will be stepping down as CEO, who began his tenure in 2006 and led the company through the dicey recession of the late 2000s. Notably, Mr. Solomon is not the usual investment banker andThe post Incoming Goldman Sachs CEO David Solomon More Keen on Bitcoin Than Predecessor appeared first on CCN
Canada’s Large Credit Union Coalition Joins Blockchain Consortium R3
The Large Credit Union Coalition, comprising of CIOs of the 16 largest credit unions in Canada, has joined blockchain consortium R3 to explore and develop its Corda platform
Goldman Sachs Appoints David Solomon CEO
As one of the largest investment banks in the world, Goldman Sachs’ stance toward cryptocurrencies is an indicator of Wall Street’s attitude. Goldman recently confirmed the appointment of David Solomon as CEO. Will he be more recenptive to crypto?
Mueller Indictment Fuels Opposing Claims About Cryptocurrency
The revelation that Russian hackers used bitcoin to fund their hacking operations during the 2016 election has led to two opposing claims about the nature of cryptocurrency.
Tech Giant Oracle Launches Blockchain Cloud Service Platform
Tech giant Oracle has formally launched its much-anticipated blockchain service, and many global organizations have already jumped aboard the platform. News of Oracle’s new blockchain platform first came to light in May, as reported by CCN. At the time, Thomas Kurin, Oracle’s president of product development, mentioned how this upcoming platform would be integrated withThe post Tech Giant Oracle Launches Blockchain Cloud Service Platform appeared first on CCN
Bitcoin Price Analysis: Head-and-Shoulders Reversal Pushes New Highs
In our previous discussion, a strong possibility for a retest of the low volume spring was noted as the market was beginning the early stages of an inverted head-and-shoulders (H/S) reversal (sometimes called a head-and-shoulders bottom). A couple days ago, shortly after testing the left shoulder of the head-and-shoulders reversal (H/S), the market reacted strongly and the price jumped several hundred dollars:Figure 1: BTC-USD, 1-Day Candles, H/S BottomBoth the candle spread and volume have been quite high over the last two daily candles. High volume and large spread following a low volume spring hint toward a potential accumulation characteristic called a “Jump Across the Creek” (JAC). In a trading-range sense, the whole purpose of an accumulation trading range (TR) is to shake out all the sellers so that an asset can be pushed to higher price levels with minimal interference by overhanging supply.While the accumulation argument is still up for interpretation, it is gaining several checkmarks with today’s market activity. Overall, throughout the life of the TR, the total volume has declined — typically a sign of supply absorption and overall declining seller interest. However, the spread and volume that reacted from the weekend lows showed a strong buyer interest, hitting the market as the H/S bottom nearly completed its entire measured move in about five hours. So, what’s next?Figure 2: BTC-USD, 1-Day...
From: Bitcoin Magazine
Post-Flood Reflections Reveal Insights Into Lives of Sichuan Miners
With Chinese media estimating that Sichuan’s mining sector comprises 70% of the computing power of both the bitcoin network and the total processing power situated within China’s borders, reflections following the devastating Sichuan floods’ have many insights into the realities of life of a crypto miner in Sichuan. Also Read: Change.org Petition Attempts to Fight for […]The post Post-Flood Reflections Reveal Insights Into Lives of Sichuan Miners appeared first on Bitcoin News.
Hydro-Quebec Can Charge Bitcoin Miners Twice the Regular Electricity Price
Cryptocurrency mining is an attractive business model in Canada. Access to cheap electricity is abundant. Hydro-Quebec has now received permission to charge higher rates to cryptocurrency miners, which will put a crimp in the plans of miners seeking to set up shop in the region. Hydro-Quebec Holds the Power Utility providers keep close tabs on...The post Hydro-Quebec Can Charge Bitcoin Miners Twice the Regular Electricity Price appeared first on Bitcoin Network, News, Charts, Guides & Analysis.
From: Live Bitcoin News
Canada’s Rivemont Crypto Fund Holds 90 Percent of Its Assets in Fiat
Canada’s Rivemont Crypto Fund hold 91 percent of its assets in fiat currency, with only 9 percent in Bitcoin
Stellar Becomes First Crypto Protocol to Obtain Sharia Certification
Stellar, the seventh-largest cryptocurrency network, has become the first digital ledger technology (DLT) protocol to obtain Sharia certification for payments and asset tokenization. The Stellar Development Foundation announced on Tuesday that, following a review of the technology’s properties and applications, the Shariyah Review Bureau (SRB) had certified Stellar as a Sharia-compliant vehicle for conducting monetaryThe post Stellar Becomes First Crypto Protocol to Obtain Sharia Certification appeared first on CCN
Civic Is Turning Identity.com Into a Crypto-Powered Personal Data Market
Civic secures a high-quality URL from a longstanding internet company, raising the profile of the whole blockchain industry.
IBM Backs ‘Stablecoin’ Stronghold USD for Fast and Secure Financial Payments
IBM is exploring the use of a ‘stablecoin’ to facilitate fast and secure payments within the financial services sector. The tech giant has teamed up with institutional asset management platform Stronghold, which is federally insured by the bank Prime Trust, to test a cryptocurrency that is pegged to the U.S. dollar. IBM Announces the Use of...The post IBM Backs ‘Stablecoin’ Stronghold USD for Fast and Secure Financial Payments appeared first on NewsBTC.
PayPal’s Peter Thiel and Bitmain’s Jihan Wu Invest in EOS Publisher Block.one
Co-founder of PayPal and well-known venture capitalist Peter Thiel and Jihan Wu’s Bitmain Technologies Ltd. have invested into Block.one — the publisher of EOS. More Money… Following its $4 billion ICO, Block.one announced that it has closed a strategic round of investment after attracting partners like Peter Thiel, Bitmain, Louis Bacon, and Alan Howard. The amount of money raised in the funding round wasn’t disclosed. It’s also unclear how the newly raised funds are going toRead MoreThe post PayPal’s Peter Thiel and Bitmain’s Jihan Wu Invest in EOS Publisher Block.one appeared first on Bitcoinist.com.
Line’s Cryptocurrency Exchange Bitbox Officially Goes Live, 30 Cryptos Supported
The Japanese messaging app giant has launched a crypto-to-crypto exchange available in 15 languages. Low transaction fee and progressive security solutions are expected to attract users to the new global platform.The post Line’s Cryptocurrency Exchange Bitbox Officially Goes Live, 30 Cryptos Supported appeared first on CoinSpeaker.
Cryptocurrency Market Booms – EOS, Cardano, Stellar and Neo Post Big Gains
The cryptocurrency markets finally appear to be in full recovery mode — at least as of Tuesday afternoon when all the major coins posted considerable leaps with most in the double digits. The total market cap shot up to $291 billion, which is the highest it has been in almost two months. Bitcoin shot upwardsThe post Cryptocurrency Market Booms – EOS, Cardano, Stellar and Neo Post Big Gains appeared first on CCN
What to Expect When Congress Talks Crypto (Twice) Tomorrow
Two Congressional committee hearings will examine whether crypto is the future of money, as well as what sort of regulation the space may need.
Boeing Eyes Blockchain Technology To Track Unmanned Air Vehicles
Boeing and SparkCognition want to bring air travel and package delivery into the future.