#Altcoins

University Study Concludes Tether Manipulated Cryptocurrency Prices

June 14, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Crime, News

A research study by a finance professor at the University of Texas John Griffin and co-author, graduate student Amin Shams, cleverly titled “Bitcoin Really Un-Tethered?" reveals the pioneer cryptocurrency’s price was artificially propped up at its peak in 2017 when it hit a record high of almost 20,000 USD. The...

Statue of Liverty with a Bitcoin Torch illuminating New York

BCI Summit Day Two: Crypto Needs a Makeover Before Institutional Investors Return the Bulls

June 14, 2018 by Liam J Kelly at Altcoins, Bitcoin, Business, Commentary, Finance, News

In day two of the BCI Summit, panels continued the discussion about how best to get in the way of all this tokenized money. A few speakers also discussed what investors should do to protect their digital assets best. Marketing and Security The first point was made most clear via...

Cryptocurrency for the Cannabis Industry Gains 20 Percent After Diplomatic Appearance

June 14, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Blockchain, News

Sportsman-turned diplomat and promoter of PotCoin, Dennis Rodman’s diplomatic breakthrough pushed the price of the digital currency after a political appearance. A Pot of Cannabis PotCoin aims to create a native cryptocurrency for the legalized marijuana industry and witnessed a price gain of more than 24 percent after Rodman’s appearance...

Bitcoin Trader Faces Jail Time for Running Illegal Bitcoin-Fiat Exchange

June 14, 2018 by Cindy Huynh at Altcoins, Bitcoin, Blockchain, Crime, News

A cryptocurrency trader in Los Angeles who made at least $300,000 per annum under the name “Bitcoin Maven” is potentially facing a 30-month sentence in prison for operating an unregistered, illegal bitcoin-fiat exchange. Maven Loses Credibility According to NBC, the “Bitcoin Maven” was identified as fifty-year-old Theresa Tetley, who had...

Bitcoin balancing on a tightrope as the bolivar falls off to its doom

Volatile Bitcoin More Stable Than Venezuelan Currency, Citizens Embrace Digital Assets After 14,000 percent Consumer Inflation

June 14, 2018 by contributor at Altcoins, Bitcoin, News

Several critics have fiercely disregarded the validity of bitcoin as an investment alternative to physical assets. However, citizens of Venezuela may prove them wrong, and provide a significant example of the pioneer cryptocurrency’s function in case of an economic crisis. Think Bitcoin is Volatile? A Quartz report on June 9,...

Survey Suggests 300 Percent Rise in Cryptocurrency Adoption in Ireland

June 14, 2018 by contributor at Altcoins, Business, News

A report by The Irish Times on June 11, 2018, suggested a 300 percent increase in the number of Irish citizens owning a cryptocurrency in 2018, compared to 2014 statistics. Irish Citizens “Curious” About Cryptocurrencies The study suggested that over 120,000 citizens are officially holding bitcoins or altcoins, in addition...

IPOs Are Cool Again Bitcoin Mining Company To Go Public On London Stock Exchange

Bitcoin Mining Company to Launch IPO on London Stock Exchange

June 14, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Business, Finance, News

Argo Blockchain, a bitcoin mining company, is primed to become the world's first coin mining enterprise listed on the London Stock Exchange (LSE), according to a statement issued on June 12, 2018. 49er Model Goes Public Argo Blockchain intends to find success using the so-called "49er" model, which entails selling...

Weiss Rating: “Love” EOS but Centralization Remains a Concern

June 14, 2018 by contributor at Altcoins, News

In the latest report by Weiss Ratings, one of the few cryptocurrency rating firms, the potential of EOS blockchain project is put under much limelight. Weiss EOS 101 From a bird’s point of view, the rating agency seems to be optimistic about EOS’ potential to provide what Ethereum had promised...

Ubiq Proposes Switch to ProgPoW To Dissuade ASIC Mining

June 14, 2018 by Rahul Nambiampurath at Altcoins, Blockchain, News

Decentralized platform Ubiq has initiated a public vote on switching to a Proof of Work (PoW) algorithm. Based on a majority approval by Ubiq nodes, the platform will move to consensus algorithm ProgPoW. Ubiq Proposes ProgPoW Ubiq is an Ethereum fork with its mining network, token, and a block interval...

Bitcoin, Ethereum, Ripple Make the List of Thailand’s “Approved Cryptocurrencies”

June 14, 2018 by contributor at Altcoins, Bitcoin, Finance, News

Thailand’s Securities and Exchange Commision unveiled the details of the country’s regulatory framework for digital assets and initial coin offerings (ICOs). The paper includes relevant fees, taxes, licensing requirements, and most importantly - seven approved cryptocurrencies. Thailand’s Cryptocurrency Push According to a Bangkok Post report on June 9, 2018, the...

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