Cryptocurrency Highlights, News, Use Cases And Other Reckonings : #54 (2018-10-06)

in #crypto6 years ago

Bitcoin Market Has ‘Run Out of Juice’: Cryptocurrency Analyst: Habiba Tahir


Element Group, a cryptocurrency economics and digital assets solutions analyst, published a report explaining that the SEC’s delay in approving bitcoin ETF proposals is the primary reason why the market has become so boring in recent weeks. Crypto Market Has …

Crypto Mining Giant Bitmain Acquires Bitcoin Cash Wallet: David Hundeyin


Open source browser-based cryptocurrency wallet Telescope has officially announced its acquisition by Bitmain Technologies Inc., the world’s largest crypto mining rig manufacturer, which also runs one of the world’s most extensive cryptocurrency mining pools.…

U.S. Investors Divided on Outlook for Cryptocurrency: Survey: David Hundeyin


Americans are split almost evenly on the topic of whether or not cryptocurrency represents a promising investment class with a bright future. A new Clovr research report sampling over 1,000 American adults found that roughly even segments of the U.S. populati…

Resurrection? SEC to Begin Reviewing 9 Rejected Bitcoin ETFs: Josiah Wilmoth


The Securities and Exchange Commission (SEC) has set a late October deadline to begin reviewing proposed rule changes that would allow several regulated exchange operators to list bitcoin ETF products on their trading platforms. In a series of documents publi…

Crypto Unicorn Circle to Acquire Equity Crowdfunding Platform, ‘Tokenize Everything’: Josiah Wilmoth


One of the world’s most valuable cryptocurrency companies has acquired a crowdfunding platform as it seeks to fulfill its goal of overseeing the “tokenization of everything.” Goldman-Backed Circle Acquires Crowdfunding Startup Circle Internet Financial, a cry…

Confronting the Elephant in the Room: Crypto Taxes and How Some Platforms Are Addressing Them: Sponsored


This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Ask any layperson their views on cryptocurrencies and you’ll likely hear that they’re …

14 Italian Banks Complete Interbank Transactions on R3 Blockchain Corda: Mark Emem


A consortium of Italian banks has successfully completed the initial trial of a blockchain-based system aimed at enhancing interbank operations. Known as the interbank Spunta Project, the 14 banks chose the Corda distributed ledger technology platform develop…

Bitcoin Price Intraday Analysis: BTC/USD Stability Continues: Yashu Gola


Bitcoin on Friday surged a minor 0.21 percent against the US Dollar, intensifying the bias conflict it has been in since yesterday. The BTC/USD opened the day while valued at 6590-fiat and is currently fluctuating around 6593-fiat. Between then and now, the p…

An Early Employee Leaves Crypto Exchange Giant Coinbase: Kevin O'Brien


Cryptocurrency exchange Coinbase said their fifth employee and head of its institutional platform group, Adam White, is departing the company. The firm said yesterday that Jonathan Kellner, the ex-CEO of Insinet, would be taking over the bulk of White’s work.…

New Crop of ‘Regulated’ Stablecoins are Trading at a Premium to Tether: Josiah Wilmoth


The next wave of USD-backed stablecoins have begun to make their way onto high-volume cryptocurrency exchanges, and early indications suggest that traders may trust them more than tether (USDT). New USD-Backed Cryptocurrencies Vie for Tether’s Crown As CCN re…

Forget Buterin’s 500 TX/S, Researchers Explore 17,000 TX/S on Ethereum: Joseph Young


In September, Vitalik Buterin, the co-creator of Ethereum (ETH), stated that the Ethereum blockchain network could scale to 500 transactions per second using ZK-SNARKS, the base technology of privacy-focused cryptocurrency Zcash. This week, Ethereum researche…

Paradigm Shift: Samourai Wallet Removes Fiat Values in Favor of Satoshis: Jack Mathis


Samourai Wallet announced the release of a new app update on September 28 that removes fiat values for wallet balances and transaction fees. Instead, the wallet now shows only satoshis (sat), the smallest unit of bitcoin, for all values. In the announcement, …

Yale University Has Invested in Two Cryptocurrency Funds: Report: Josiah Wilmoth


The “herd” of institutional investors that cryptocurrency bulls such as Mike Novogratz have perennially said is just over the horizon is finally making an appearance, as reports have emerged that one of the world’s largest university endowments has invested i…

Bitcoin Price Fails to Record Big Breakout But Market Remains Bull-Friendly: Joseph Young


Over the past 24 hours, despite the promising price movement of Bitcoin from low $6,500 to $6,600, BTC has fallen back down below the $6,600 mark. Traders have offered contrasting viewpoints throughout the past two days. Some have said that the low volume of …

CoinIQ’s CryptoBook Delivers Free Marketing Resources for the Crypto Community: Press Release


This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to c…

Bitcoin Scammers Impersonating Tax Officials Net AU$50K in Melbourne: Mark Emem


Despite a scam alert issued by the Australian Taxation Office late last month, fraudsters impersonating employees of the tax body have still managed to con victims thousands of dollars. Per Australian newspaper reports, four victims have so far lost amounts t…

Spanish Coastal City Valencia to Create a Smart Port With Blockchain Tech: Conor Maloney


The city of Valencia, Spain is planning a smart port based on blockchain technology according to an announcement made at the Dutch port of Rotterdam during them Smart Ports & Supply Chain Technologies conference on Wednesday 03 October. Jose Garcia de la Guía…

U.S. Lawmakers Seek Common Definition for Blockchain: Lester Coleman


A pair of U.S. representatives, Doris Matsui, a California Democrat, and Brett Guthrie, a Kentucky Republican, have introduced a law to create a working group to determine a definition of blockchain. The lawmakers, both of whom sit on the Energy and Commerce …

Casino Tournament with 1 BTC Prize: Press Release


This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to c…

Goldman-Backed Circle is Selling Cryptocurrency ‘Collections’: Jack Mathis


Circle Invest announced today the launch of three new collections of index funds for cryptocurrencies. Divya Agarwalla, Senior Vice President at Circle, posted on the company’s blog that the “Buy the Market” feature “…was so successful that over 30% of our us…

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