#finance

Over 860,000 Venezuelans register to Mine State-Backed Cryptocurrency “Petro”

January 8, 2018 by Akshay Makadiya at Altcoins, Mining, News

The South American country, Venezuela, has registered over 860,000 individuals to mine the country’s oil-backed cryptocurrency called 'Petro.' The country is looking for more citizens to enroll in the portal launched by the Superintendence of Cryptocurrencies and Related Activities. The last date for registration is January 21, 2018. From the...

Hurify is the Decentralized Blockchain Platform That is Revolutionizing IoT

January 8, 2018 by Guest Post at ICO/IEO

The internet and technology as a whole is constantly evolving and is becoming an even bigger part of our lives than ever before. Things are connecting more than ever and not only are we working alongside our technology, but our technology is beginning to work with itself as one device...

CME Proposes Limits To Temper Bitcoin's Volatility

Disappointing Anti-Climax for Investors as First Monthly Bitcoin Futures Expire

January 7, 2018 by Priyeshu Garg at Bitcoin, Finance, News

Investors have lost as much as 20 percent of their investments as the first monthly bitcoin futures contracts approach their expiry dates. This comes just one month after bitcoin’s highest-ever peak of almost $20,000 in December 2017, leaving many to conclude that their investments were placed at a tragically bad...

Why are there Discrepancies Between Cryptcurrency Exchange Prices?

Federal Reserve Weighs in on Consumer Adoption of Bitcoin

January 7, 2018 by Nigel Dollentas at Bitcoin, Business, Commentary, News, Regulation

With bitcoin’s rise in 2017, we’re seeing more local merchants accepting the digital currency, as a local news post from Frederick County shows. One example is Frederick Air, which is run by Dave Schmidt, operations manager of the heating and air condition company. Move to Digital Payment Schmidt also started...

Blockchain Disrupts the Existing Philosophy in the Predictive Market

January 6, 2018 by Guest Post at ICO/IEO

Being able to acquire real time sufficient analytical information that would enable quality decision making is the dream of every player in the global predictive market. In an ecosystem that is significantly reliant on trends, patterns and continuously changing variables, remaining in touch with real time data resources and having...

Café that Shuns Cash and Welcomes Bitcoin Opens in Singapore

January 4, 2018 by Julia Travers at Bitcoin, Business, News

On December 21, 2017, cryptocurrency firm and mining company Ducatus opened the doors of the new cashless, cryptocurrency-accepting Ducatus Café in Singapore, where, according to their Facebook page, “Cafe life meshes with the Crypto life.” Ducatus said its café is the first of its kind in Singapore and unique in...

Barry Silbert Catches the Attention of Securities Lawyers with Ethereum Classic “Hype”

January 2, 2018 by Nigel Dollentas at Altcoins, Ethereum, News, Regulation

Barry Silbert, founder and CEO of Digital Currency Group (DCG), has recently caught the attention of some market regulators due to possible violations of US securities laws. Buying in to Ethereum Classic early and his continuous promotion of the currency may put him in hot water from regulators. Silbert bought...

Managing Director Of EXMO Cryptocurrency Exchange Kidnapped In Kiev

December 31, 2017 by Ogwu Osaemezu Emmanuel at Bitcoin, News

In the past, kidnappers abducted their victims for cash ransoms or to leverage power in their favor. Recently, with the proliferation of digital cash, these bandits are adding a new reward to their list of bounties; cryptocurrencies. Crypto-Investor Abducted Pavel Lerner, a Russian crypto investor, programmer and business mogul was...

ICOBox Launches ICOS Projects’ Tokens Exchange

December 29, 2017 by Guest Post at ICO/IEO

This Thursday, the tokens of the first three projects which conducted their ICOs through ICOS program will be offered to ICOS token holders for exchange. The program is a way for ICOS token holders to gain access to innovative goods and services by exchanging their tokens for the tokens of...

Winklevoss Brothers Unwaveringly Bullish on Bitcoin

December 28, 2017 by Priyeshu Garg at Bitcoin, Business, Commentary, Finance, News

The Winklevoss twins are celebrities in the overlapping worlds of finance, investing and cryptocurrency. Having bought $11 million worth of bitcoin when it was still relatively unknown, the pair made headlines in the first week of December 2017, when they became the some of the first investors to be made...

Bitcoin Has Changed The World; Fedcoin Could Take It One Step Further

December 27, 2017 by Priyeshu Garg at Blockchain, Commentary, Finance, News, Tech

In 1999, online payments were revolutionized by PayPal, and it took the world by storm. Fast forward ten years and bitcoin is introduced – the pioneer of a unique digital currency and virtual payment system that was years ahead of its time. Attracting Government Attention Bitcoin took four years to...

“Member’s Only” Bitfinex Accused of Foul Play

December 27, 2017 by Priyeshu Garg at Altcoins, Bitcoin, Finance, News

The largest bitcoin exchange in the world, Bitfinex, has put itself in an awkward position after suddenly and inexplicably changing its new-members policy to invite-only. According to the exchange, this move was made with the intention of increasing web traffic to the site, yet it appears to have generated quite...

Australian Company Set To Launch A National Cryptocurrency Exchange

December 24, 2017 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, Finance, News, Regulation

The constant volatility and Bitcoin price fluctuations have not deterred many investors from joining the “Bitcoin spacecraft to the moon.” Instead, with each passing day, new businesses are springing up in the cryptocurrency ecosystem. Startups and new firms who previously were nowhere near the Blockchain path are now re-engineering their...

Nigerian Startup Token Remittance Platform Takes On Western Union And Appears to be Winning

December 23, 2017 by Priyeshu Garg at Altcoins, Blockchain, Finance, News

According to migration and remittances data from the World Bank, over $600 billion was transferred home by close to 250 million migrants worldwide in 2016. The main recipient locations were Sub-Saharan Africa ($39 billion), India ($69 billion), and Nigeria ($20 billion). Through traditional remittance companies such as MoneyGram and Western...

Bitcoin Bears are Back!

December 20, 2017 by Daniel Bruno, Chartered Market Technician at Bitcoin, News, Price Analysis

Some people will surely blame the CME for the 23 percent retracement underway... In this TradingView idea, the author called the $19,700 bitcoin top on December 17. The bull takes a respite. Both hourly and daily signals are bearish. As can be seen, the author called for volatility December 19....

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