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Bitcoin Bulls Take Charge as BTC Moves Back towards $7,000 Mark: Week in Review Sep 24

September 24, 2018 by Alex Lielacher at Altcoins, Bitcoin, Business, Finance, News, News Digest, Regulation

The price of bitcoin remained firm over the course of the past week, gaining three percent helping BTC move back up towards the $7,000 mark. Once again, cryptocurrency regulations were a big topic in several jurisdictions, including the U.S., the UK, and India, last week. There was also much talk...

Making Bitcoin Transactions Untraceable with the Wasabi Wallet

September 24, 2018 by Pratik Makadiya at Altcoins, Bitcoin, Finance, News, wallet

In the cryptocurrency ecosystem, a wallet is an essential component, as it is used to receive, send and store cryptocurrencies. It operates in the crypto verse just like the banks do in the traditional financial system. As the crypto sector is continuously growing with more and more participants enter the...

How Cryptocurrency Mining Could Help to Minimize Energy Wastage

September 24, 2018 by Alex Lielacher at Bitcoin, Blockchain, Mining, News, Tech

Concerns regarding the carbon footprint of the cryptocurrency mining industry continue to grow after it came to light that the power required to run the Bitcoin network exceeded that power consumption of entire countries. However, in an exciting turn of events, the World Economic Forum is now postulating that cryptocurrency...

Morgan Creek Capital Management: Cryptocurrencies Will Replace Fiat Currency

September 24, 2018 by Alex Lielacher at Bitcoin, Commentary, Finance, Investment, News

Morgan Creek Capital Management is one of the brave American asset managers that have taken the leap towards cryptocurrency investing. In a partnership with Bitwise Asset Management, the asset manager provides access to blockchain assets for institutional investors through its Digital Asset Index Fund, which tracks the top ten largest...

U.S. Congressman to Lead Pro-Blockchain and Crypto Legislation

September 23, 2018 by Aisshwarya Tiwari at Altcoins, Bitcoin, Blockchain, Finance, News, Regulation

Developments concerning blockchain technology and cryptocurrencies are gaining serious momentum in the United States, as Congressman Tom Emmer, announced on September 21, 2018, that he will be introducing three “groundbreaking bills” to pave a clear way for the emerging and disruptive technologies. Closer Look at the Bills Emmer, who was...

Blockchain: Transforming Your Business and our World, a Conversation with Mark Van Rijeman

Blockchain: Transforming Your Business and our World, a Conversation with Mark Van Rijmenam

September 23, 2018 by Nuno Menezes at Altcoins, Bitcoin, Blockchain, Business, Commentary, Development, Finance, Interviews

Mark Van Rijmenam is the founder and CEO of Datafloq, an author, and Keynote speaker in artificial intelligence (AI), blockchain, and big data from the Netherlands. Named one of the global top 10 Big Data influencer and one of the most influential blockchain speakers, his latest book presents a comprehensive...

Political Donations in Bitcoin Outlawed in California

September 23, 2018 by Priyeshu Garg at Bitcoin, Finance, News, Regulation

California’s campaign watchdog arm, the Fair Political Practices Commission, ruled that candidates will not be allowed to receive donations for political campaigns with cryptocurrencies like bitcoin, the Associated Press reported on September 21, 2018. Cryptocurrency Donations a Threat to Political Transparency A new ruling from the state's political watchdog says...

Swiss Cryptocurrency Firm bags License to Offer E.U. Residents Bitcoin ETPs

Swiss Investor Consortium Launches Blockchain Incubator with $100 Million Goal

September 23, 2018 by Priyeshu Garg at Bitcoin, Blockchain, Finance, Investment, News

Crypto Valley Venture Capital, a consortium of Swiss investors launched by founders of Lakeside Partners, has launched its initial “Genesis Hub” incubator in Zug to collect up to $100 million, Swiss Info reported on September 20, 2018. A Swiss Consortium For The Blockchain Crypto Valley Venture Capital, a consortium of...

Congressmen Demand IRS Design Legal Framework for Cryptocurrencies

September 22, 2018 by Nuno Menezes at Altcoins, Bitcoin, Finance, News, Regulation

Since bitcoin’s first appearance, regulators have shown their concerns and tried to level the rules concerning virtual currency adequately. However, these rules are far from clear, and now financial regulators are urging the IRS to draw a solid framework for virtual currencies according to September 19, 2018, reports. Swift Update...

Litecoin Creator Charlie Lee Thinks Competitors Are suppressing LTC Price

September 22, 2018 by Alex Lielacher at Altcoins, Bitcoin, Commentary, Finance, News

Outspoken Litecoin creator, Charlie Lee, went to Twitter to make a case for why he believes that competitors are suppressing the price of Litecoin (LTC), opponents and those who are shorting “his” digital currency on September 19, 2018. “A Concerted Effort to Suppress Litecoin Price” Charlie Lee stated on Twitter...

Taipei City Council Candidate Receives Taiwan’s First Political Donation in Bitcoin

September 22, 2018 by Priyeshu Garg at Bitcoin, Finance, News, Regulation

A Candidate for the Taipei City Council (TCC) has received the country's first political donation in bitcoin, saying the development had both political and technological implications, Yahoo News reported on September 20, 2018. Taiwan’s First-Ever Political Donation in Bitcoins According to a September 20 Yahoo News report, a political donation...

SEC Delays Bitcoin ETF Again, Despite 99 Percent of the Public Being in Favor

September 22, 2018 by Priyeshu Garg at Bitcoin, Development, News, Regulation

The U.S. Securities and Exchange Commission has once again delayed its decision on the VanEck and Solid X backed exchange-traded fund, looking to invite more feedback, the agency said in a September 20, 2018, filing. More Delays It seems that the wait for an exchange-traded fund that invests in Bitcoin...

Japanese Exchange Zaif Falls Victim to Crypto Hack; Loses $60 Million

September 21, 2018 by Pratik Makadiya at Altcoins, Bitcoin, Crime, Exchange, News, Regulation

When it seems things couldn’t get worse during the cryptocurrency bearish market, the community woke up to a nasty shock on September 17, 2018. A Japanese exchange Zaif reported that it was the victim of a breach which led to a loss of cryptocurrencies worth $60 million. Compensation Deal Agreed...

Hackers Steal $200,000 in Cryptocurrency from League of Legends Pro Gamer

September 21, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Crime, Exchange, News

Yiliang “Peter” Peng, best known as Doublelift in the eSports space, had almost $200,000 worth of cryptocurrency stolen from him in a sim-swap hacking incident, the gamer revealed in a September 14, 2018, YouTube video. Coinbase Account Looted Following a Sim Card Swap Yiliang “Peter” Peng. (Source: Dot eSports) Yiliang...

Bitcoin, Ether, and XRP Weekly Market Update: September 21, 2018

September 21, 2018 by Georgi Hristov at Altcoins, Bitcoin, Commentary, Ethereum, News, Price Analysis

BTC closed the day with a solid gain of more than $160 on September 13, touching the $6,500 level. Traders pushed the price even higher on September 14, but the biggest cryptocurrency could not keep the momentum and closed below the $6,500 mark (at $6,480). Trading volume was above $5...

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