#Bitcoin

Protos Asset Management Develops 4-Ratio Valuation Model for Cryptocurrency Investing

June 13, 2018 by Nuno Menezes at Altcoins, Bitcoin, Blockchain, Business, Finance, News

Protos Asset Management, a leading data-driven cryptocurrency asset management company, recently developed analysis ratios streamline the valuations of cryptocurrencies. Using Data to Determine Investing Strategies The company is excited about the advancements made in its valuation models for cryptocurrencies and released a Medium post on April 19, 2018, to discuss...

ShapeShift’s Non-Custodial Cryptocurrency Exchange Is Now Live

Shapeshift CEO: The “Time Has Come” for Cryptocurrencies

June 12, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, Finance, News, Tech

Erik Voorhees, CEO of cryptocurrency exchange Shapeshift, called on finance industry regulators to embrace cryptocurrencies as a competition to the existing financial system, instead of viewing the asset class as a threat to be controlled. “Most Regulation Is Superfluous” In an interview with Bloomberg, Voorhees spoke on a range of issues...

Cryptocurrency Exchange Coinrail Loses Over $40 Million To Unfortunate CyberHeist

June 12, 2018 by Cindy Huynh at Altcoins, Bitcoin, Business, Crime, News

South Korean cryptocurrency exchange Coinrail lost approximately $40 million after hackers attacked the company on June 10, 2018. The Great Altcoin Hack Coinrail is a fairly small cryptocurrency exchange and is positioned at 89 in the world according to data collated from CoinMarketCap (CMC). Despite its size, TechCrunch noted that...

Mastercard Awarded Patent for Blockchain-Based Travel Itinerary Bidding System

June 12, 2018 by Ogwu Osaemezu Emmanuel at Bitcoin, Blockchain, Business, Finance, News, Tech

Global payments processor Mastercard has successfully secured a patent for a bidding system which streamlines the travel itinerary for users. A Stress-Free Tour On June 7, 2018, the United States Patent and Trademark Office (USPTO) awarded MasterCard the patent for a distributed ledger technology(DLT)-powered solution which allows travelers to book...

$1 Trillion Institutional Investor Catches the Bitcoin Fever

Crypto and Institutional Interest Converge in Manhattan for Day One of the BCI Investment Summit

June 12, 2018 by Liam J Kelly at Altcoins, Bitcoin, Blockchain, Commentary, Ethereum, Finance, News, Regulation, Tech

On June 11, 2018, investors converged, many for the first time, on the Metropolitan Pavilion in New York City for the BCI Summit to get a better idea of how to enter the cryptocurrency space. The intrigue of an explicitly finance-focused conference should also be another example of the mainstream...

Not So Decentralized: A Third of Entire Bitcoin Market Cap in 1,600 Wallets

June 11, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Commentary, News

A report from Chainanalysis, a blockchain research company, suggested a tiny group of 1,600 wallets own a third of the entire bitcoin market cap, amounting to about $37.5bn. Potential to Disrupt Market In April 2018, about 1,600 wallets were containing over 1,000 bitcoin (BTC), roughly $7.5 million each, amounting to...

SEC Chairman: Bitcoin is the only Cryptocurrency That Is not a Security

June 11, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Ethereum, Finance, News, Regulation

In the United States digital assets ecosystem, the Securities and Exchange Commission (SEC) exhibits the most significant regulatory influence. In the latest development, SEC Chairman Jay Clayton made it clear that bitcoin (BTC) is the only cryptocurrency that does not fall under the securities category since the pioneer cryptocurrency can...

Vladimir Putin Says Russia Not Interested in Developing National Cryptocurrency

June 11, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Mining, News, Regulation, Tech

Russia's relationship with the U.S. and other world powers has been anything but cordial in recent times. These sentiments have also been fueled by rumors that the former may soon develop a state-backed cryptocurrency to circumvent international sanctions. However, a recent speech by Russian President Vladimir Putin quelled rumors of a...

Tax Raid on Bithumb Found “No Illegal Activities such as Tax Evasion”

June 11, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, News, Regulation

Following the tax raid on Bithumb, South Korea's largest cryptocurrency exchange in January 2018, officials from the National Tax Service of South Korea have stated that their tax investigation of Bithumb turned up "no illegal activities such as tax evasion." The Gangnam Raid A team of over a dozen agents...

Playing Soon: A Cryptocurrency and Bitcoin Show on a Radio near You

June 11, 2018 by Pratik Makadiya at Bitcoin, Entertainment, Ethereum, News

Cryptocurrencies and their underlying distributed ledger technology (DLT) are increasingly appearing in pop culture. While television and online social websites have their share of cryptocurrency media, the radio will soon witness a particular slot on the emerging asset class in an industry first. “Get in the Game” With Cryptomania Dubbed...

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