January 12, 2018

Easily Convert Digital Currencies to Fiat with Paycent

Paycent is mobile payment platform that functions as a dual e-wallet that can be funded by both digital currencies and fiat currency. It also allows conversion from digital to fiat and vice-versa, in real time and from within the wallet. Digital Currency to Fiat with Paycent One of the major problems that many digital currency users face is the challenge of converting digital currencies to fiat money. Currently, only a few retailers are accepting digital currencies as a payment method. Users are forced to sell their digital currencies for fiat through exchanges, which often have very high fees and can take 2 to 3 days before the money is deposited on the user’s bank account. Paycent is aiming to tackle this problem. Started by Singapore-based payments solution provider Texcent, the main idea behind the Paycent platform is to offer a service […]
January 12, 2018

Vitalik Buterin and OmiseGo

OmiseGo is Vitalik Buterin’s favourite token model Vitalik recently posted on his twitter account three main reasons why OmiseGo, right now, is his favourite token model. OmiseGo is not a medium-of-exchange token; it has a clear valuation model (expected discounted future transaction fees minus node operation cost); and it requires running node to get returns, not passive income (so more legally defensible). After this twitter post the prices went up by almost 100%. Disclosure: This is a Sponsored Article Latest news from the OmiseGo team speaks about development progress on one of the basic OmiseGo tools. OmiseGo SDK, a code framework on which developers can build their own wallet applications that will interact with the OmiseGo Blockchain. OmiseGo SDK has officially moved from alfa into closed beta and is now in the hands of one of the strategic partners, a […]
January 12, 2018

XRP Price Mounts Small Comeback as $2 Turns Into a Support Level

XRP Price Mounts Small Comeback as $2 Turns Into a Support Level In a rather surprising turn of events, it seems the XRP price is slowly starting to mount a comeback all of a sudden. More specifically, the XRP price has taken a major beating in the past two weeks, but the momentum is slowly… The post XRP Price Mounts Small Comeback as $2 Turns Into a Support Level appeared first on Altcoin Today.
January 12, 2018

Bitcoin Price Watch; Key Levels Heading Into The Weekend

Bitcoin Price Watch; Key Levels Heading Into The Weekend We are closing in on the end of the European session in the bitcoin space on Friday and the end of the week is fast approaching. This has been something of a rough week for many bitcoin traders and holders, with price maintaining a pretty substantial… The post Bitcoin Price Watch; Key Levels Heading Into The Weekend appeared first on Altcoin Today.
January 12, 2018

Bitcoin Gold Price Technical Analysis – BTG/USD Struggling Below $230

Bitcoin Gold Price Technical Analysis – BTG/USD Struggling Below $230 Key Points Bitcoin gold price declined recently and it traded as low as $199.83 against the US Dollar. There is a major bearish trend line forming with resistance at $228 on the hourly chart of BTG/USD (data feed from Bitfinex). The pair is now in… The post Bitcoin Gold Price Technical Analysis – BTG/USD Struggling Below $230 appeared first on Altcoin Today.
January 12, 2018

Crypto Mining Overloads Infrastructure In Small WA County

A small Washington county is overloaded by crypto mining, plans to build more data centers to match the high demand #NEWS
January 12, 2018

China’s Internet Finance Association Warns on ‘Initial Miner Offerings’

The National Internet Association of China warned against “initial miner offerings,” referring to them as “disguised ICOs” on Friday.
January 12, 2018

trade.io ICO Complete, Exchange Listings Imminent

This year will be a huge once for initial coin offerings and they are coming thick and fast in January. Some will succeed and make it into the crypto hall of fame, otherwise known as the market capacity charts, and others will fall by the wayside. One ICO that has already successfully completed and is on the way to the exchanges is trade.io. trade.io is a blockchain based trading platform which aims to democratize the markets, disrupt the financial industry, and recapture and redistribute wealth back to investors and companies. This will have the beneficial effect of reducing and eliminating the often disproportionate fees and inefficiencies traditionally associated with asset trading. It will be achieved through the creation of an innovative peer-to-peer shared liquidity pool where the profits get redistributed back to the customers. ICO a Rousing Success Early adopters […]
January 12, 2018

SEC Suspends Trading of UBIA Securities Until January 22

The SEC will continue to crack down on potentially fraudulent initial coin offerings for the foreseeable future. Most recently, it temporarily suspended all trading of UBI Blockchain Internet LTD securities. Known as UBIA, the Hong Kong-based venture has gotten in the crosshairs of the SEC in recent weeks. There are quite a few questions regarding this project which will need to be clarified. Whether or not the answers will be satisfactory seems highly doubtful right now. UBIA Securities Trading Suspended by the SEC In a way, it is good to see that the SEC is continuing its mission to crack down on initial coin offerings and securities which raise more questions than answers. It has shown some great initiative on this front in the past few weeks, and it seems the real work has only just begun. Its latest “victim” is UBI Blockchain Internet, a […]
January 12, 2018

Is Bitcoin’s Value Due to Social Status it Brings?

Is Bitcoin’s Value Due to Social Status it Brings? It makes perfect sense to want to own something that is has increased in value 13-fold in the last year, but is part of Bitcoin’s value due to the social status it brings? A study conducted by Bernstein Research has recently suggested just that. The analysts agree that limited… The post Is Bitcoin’s Value Due to Social Status it Brings? appeared first on Altcoin Today.
January 12, 2018

Ukraine Wants A National Digital Currency, Not Its Own Cryptocurrency

Ukraine central bank is considering an e-hryvnia rather than national crypto, at least for now #NEWS
January 12, 2018

ZigZag exchange platform based on the Lightning Network released in alpha

Bitlum, a startup building products, and services on top the Lighting Network has announced the alpha version of ZigZag, a crypto assets exchange platform based on the Lightning Network. ZigZag enables ten-second asset exchanges… ZigZag exchange platform based on the Lightning Network released in alpha was published on CryptoNinjas.
January 12, 2018

DNotes Global, Inc CEO Alan Yong Shares View on The ICO Conundrum – A Challenge Beyond the SEC Mandate

In a recent op-ed, DNotes Global Inc. co-founder and CEO Alan Yong addressed the issues surrounding initial coin offerings (ICO) and the Securities and Exchange Commission’s role in protecting investors. In his remarks, he explained why ICOs have presented such a challenge for regulators. The SEC was created by an act of Congress, the Securities Exchange Act of 1934. That act was designed to restore investor confidence in the aftermath of the Great Crash of 1929. In the 9 years prior to that crash, an estimated $50 billion had been raised through the sale of new securities, and roughly half of them were rendered worthless after the crash. The SEC’s mandate was to protect investors and maintain fair, orderly, and efficient markets that could facilitate capital formation. To accomplish those multiple missions, the SEC established rules and guideline that required […]
January 12, 2018

Arizona Could Allow People Pay Taxes in Cryptocurrencies

We have written, several times, about governments that are working with Blockchain technology and cryptocurrencies. Different universities and enterprises are embracing cryptocurrencies and blockchain in order to provide more efficient… Continue reading “Arizona Could Allow People Pay Taxes in Cryptocurrencies” The post Arizona Could Allow People Pay Taxes in Cryptocurrencies appeared first on .
January 12, 2018

Strict Regulations Force South Korean Banks to Stop Servicing Cryptocurrency Exchanges

Following the inspections of six major banks this week, South Korean regulators have uncovered some inadequate internal controls for handling cryptocurrency exchanges. Given the government’s strict rules, some banks have decided to stop providing services to cryptocurrency exchanges instead of overhauling their systems further to comply with the regulations. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading Banks’ Inadequate Internal Controls The South Korean Financial Intelligence Unit (FIU) and the Financial Supervisory Service (FSS) jointly conducted on-site inspections of the country’s six major banks on Monday, as news.Bitcoin.com previously reported. Woori Bank, KB Kookmin Bank, Shinhan Bank, Nonghyup Bank, Korea Development Bank (KDB), and Industrial Bank of Korea (IBK) are being inspected. The aim of the audits is to ascertain whether these banks have fulfilled their anti-money laundering obligations, as mandated by the […]
January 12, 2018

Here Are Four Bitcoin Cash Payment Processors Worth Checking Out

No one can deny that Bitcoin Cash has become very popular very quickly. Although it remains to be seen if it will overtake Bitcoin, there are a few service providers which think that will happen. Moreover, merchants and retailers can now accept BCH payments with relative ease and at an affordable rate. Below are some of the service providers which offer such functionality as of right now. Always do your own research before signing up with any of these companies, though. Coinify Most people will have heard the name Coinify before, but for those who haven’t, allow us to explain. The company specializes in providing merchant services related to various cryptocurrencies. Although the company initially supported Bitcoin, it quickly saw the need for other currencies as well. Over time, it added the likes of Dogecoin, NovaCoin, and most recently, Bitcoin Cash. Additionally, the company offers a […]
January 12, 2018

Upside Break on the Way? Zcash Eyes Gains Against Bitcoin

Privacy-focused cryptocurrency zcash is solidly bid against the dollar and could soon see a spike against bitcoin.
January 12, 2018

Crypto Hopes to Go Multi-Platinum in the Music Industry

Artists are turning to cryptocurrency in order to take control and maximize their music royalties in a move that is turning the music industry on its head. Record labels have a long and sordid history of screwing over musicians and songwriters. It used to be common for an artist to have a gold or platinum hit and yet somehow still owe the record label money. Just before he died, rock god Jimi Hendrix was so broke that he had to borrow money from one of his band members in order just to eat. In this digital age, musicians are using technology to take control of their financial futures. One of the more intriguing options is the use of cryptocurrency to help monetize music royalties. The Mechanics of Song Ownership Contrary to most people’s expectations, the artist who sings a hit […]
January 12, 2018

Japanese E-Commerce Giant Launches 7-Asset Cryptocurrency Exchange

Japanese e-commerce giant DMM Group just launched the country’s latest cryptocurrency exchange #NEWS
January 12, 2018

Skara Token Sale Pioneers New Video Games & eSports Business Model

FOR IMMEDIATE RELEASE: SKARA, developer and publisher of the eponymous free-to-play competitive team-based melee combat game, has announced a token sale that promises to introduce both innovative gameplay and disrupt established business models for video game publishers. The company has created SKARAT (SKARA Token), an ERC-20 token based on the Ethereum blockchain, which can be traded on the open market. SKARA aims to raise a maximum of €5m during the pre-sale period, which is open now until January 21st 2018. The Token Sale itself will start January 23rd 2018 at 5pm CET (11am ET) – The hard cap, and the absolute greatest amount of funds SKARA will raise, is €10m. SKARA’S ultimate aim is to use SKARAT to introduce a new gameplay mechanic to players and to shake up the way in-game currencies have been used historically in the video […]
January 12, 2018

Cryptocurrency Market In The Green, Total Market Cap Bounces Back

Crypto market showing recovery, top 20 coins in the green with gains as high as 37% #NEWS
January 12, 2018

The Growing Pains of Binance’s Meteoric Rise to Success

Cryptocurrency enthusiasts will all agree that the year 2017 was rather spectacular. Not only did we see all prices increase in a significant manner, we also saw exchanges struggle to keep up with demand. And just last week, Binance was forced to halt user registrations due to overwhelming success. The company has released some interesting details as to why this decision was made. It certainly makes a lot of sense for the site to upgrade its infrastructure well in advance. Binance’s User Growth is Mind-Blowing During the last six months of 2017, we saw a lot of exchanges suffer from an influx of new user registrations. That’s not just because all these users tax sites’ infrastructures themselves, but also because accounts will need to be verified sooner or later. It is evident this strain on resources has thrown a lot of companies for a loop, and Binance […]
January 12, 2018

OFFICIAL: No Cryptocurrency Trading Ban in South Korea, Government Says

OFFICIAL: No Cryptocurrency Trading Ban in South Korea, Government Says The Blue House, the executive office and official residence of the South Korean President, has announced that there will be no cryptocurrency trading ban in the short-term. View image on Twitter Joseph Young@iamjosephyoung In an official announcement, South Korean government reaffirms there will be NO TRADING BAN… The post OFFICIAL: No Cryptocurrency Trading Ban in South Korea, Government Says appeared first on Altcoin Today.
January 12, 2018

ACC is On Its Way to Becoming Standard Currency for Global Digital Asset Management

A new innovation is emerging in the blockchain space, and its goal is to bring tangible assets to the digital currency space. Right now, the valuation of digital currencies is spurious at best and dangerous at worst. Everything is speculation and as such, the prices are extremely volatile, with little sign of this changing any time soon. Disclosure: This is a Sponsored Article For many of the doubters of Bitcoin, their prime criticism is the lack of real-world value to the coins. Everything is based on supply and demand, with little else to justify the massive price increases besides an increasing number of people believing they can make tons of money on it. What if We Could Connect Real-World Assets So to alleviate these worries, maybe the best thing to do is to find a way to monetize the assets […]
January 12, 2018

Blockchain-Based Communication Platform Aims to Protect Your Personal Messages

A new proprietary encryption identification system called Crypviser prevents the man-in-the-middle from accessing, stealing or manipulating data #SPONSORED
January 12, 2018

Blockchain in Your Pocket? The Phone Behind Sirin’s $157 Million ICO

Sirin says its Finney phone will fill a gap in the crypto market. But as the adage goes, “hardware is hard,” and in blockchain it may be even harder.
January 12, 2018

Bitcoin Eyes Consolidation as Price Flirts with $14K

Bitcoin is back around $14,000 and could be in for a phase of rangebound trading as the markets come to terms with regulatory noises from South Korea.
January 12, 2018

Paycent Opens Pre-Registration for Paycent Debit Cards on January 15

Paycent, a financial platform owned by Texcent, is starting the pre-registration for Paycent Debit cards beginning on January 15, 2018. Users will be able to book their cards on Paycent website by filling out the application form. Cardholders will be able to use the debit cards globally to spend and cash out any digital currency from their Paycent hybrid wallet. The cards will be issued to users from over 125 countries. Paycent recently completed Phase 1 of their ICO in November 2017, distributing over 80% of the PYN tokens. More than 14,000 contributors from over 80 countries took part in the Paycent ICO. For more information on Paycent and debit cards, please refer to https://paycent.com/  and join the Telegram group chat – https://t.me/paycent. Images courtesy of Paycent The post Paycent Opens Pre-Registration for Paycent Debit Cards on January 15 appeared first […]
January 12, 2018

KFC Canada Is Accepting Bitcoin For Fried Chicken

KFC Canada Is Accepting Bitcoin For Fried Chicken Fried chicken chain KFC Canada is accepting bitcoin – for a limited time and for a cryptocurrency-themed bucket of chicken, that is. The limited-time marketing move sees the Canada-based chain advertising “The Bitcoin Bucket” complete with a Facebook-based live-tracker of the standing price for the product, which works out to… The post KFC Canada Is Accepting Bitcoin For Fried Chicken appeared first on Altcoin Today.
January 12, 2018

e-Chat Launches 3rd Round of Token Sale

e-Chat welcomes users and potential investors to try out and support the third and final round of e-Chat’s token sale. To date, the e-Chat ICO has exceeded early goals and continues with strong momentum. e-Chat is designed as a convenient and secure platform for financial transactions across the global cyberspace and is based on the modern decentralized architecture. The application provides a high level of privacy and security to its users while preserving financial freedom. Business and personal video group calls are available for groups of up to 10 people offering a genuinely unique communication pattern. Major benefits: Protection from censorship worldwide Flexible user-centric payment features Integrations with major cryptocurrencies Sane financial models designed to promote global growth Wide national language support 3rd Round of Token Sale The third round will include a bonus, and best deals are available in […]
January 12, 2018

Is It Worth Participating in SINTEC ICO?

The project is the construction of the first unique plant in Eurasia for the production of polymer bituminous binders with the capacity of 150,000 tons per year. The total cost… Continue reading “Is It Worth Participating in SINTEC ICO?” The post Is It Worth Participating in SINTEC ICO? appeared first on .
January 12, 2018

Singapore to Extend Regulatory Mandate Regarding Cryptocurrencies

The Deputy Prime Minister of Singapore has sought to clarify the nation’s stance on cryptocurrencies with regards to its money laundering laws. Speaking earlier this week, Mr. Tharman Shanmugaratnam emphasized that Singapore’s financial regulator will not distinguish between cryptocurrencies and fiat currencies. Also Read: Singapore to Extend Regulatory Mandate Regarding Cryptocurrencies Singapore’s Deputy Prime Minister Updates Stance on Cryptocurrencies With Singapore increasingly being seen as a potential destination for cryptocurrency, companies seeking to flee the regulatory uncertainty presently associated with China, Singaporean officials are facing increased scrutiny regarding the nation’s juridical apparatus pertaining to cryptocurrencies. Earlier this week, Singapore’s deputy prime minister and Chairman of the Monetary Authority of Singapore (MAS), Mr. Tharman Shanmugaratnam, sought to clarify Singapore’s anti-money laundering (AML) and countering the financing of terrorism laws (CFT) with regards to cryptocurrency. “When it comes to money laundering or terrorism […]
January 12, 2018

KFC Canada Introduces ‘Bitcoin Bucket’ Of Chicken Tenders

Latest crypto PR stunt: KFC Canada introduces the “Bitcoin Bucket” you can only buy with BTC #NEWS
January 12, 2018

World’s Largest Crypto Exchange Sees Exponential Growth Despite Market Lows

Crypto exchange Binance, continues to see explosive growth, adding as many as 240K users in a single hour despite market lows this week
January 12, 2018

Chinese Bitcoin Mining Giant Bitmain Establishes Branch in Zug, Switzerland

Chinese Bitcoin Mining Giant Bitmain Establishes Branch in Zug, Switzerland For centuries Switzerland was known around the world for its tradition of banking secrecy, but now a new financial industry is taking root in the country. Local leaders tried to establish a cryptocurrency hub, and their latest catch is Chinese bitcoin mining giant Bitmain, which expanded to… The post Chinese Bitcoin Mining Giant Bitmain Establishes Branch in Zug, Switzerland appeared first on Altcoin Today.
January 12, 2018

Stellar Price Retakes $0.65 as all Markets Show Signs of Recovery

Most cryptocurrency enthusiasts were surprised to see Stellar in the cryptocurrency top 10 ranked by market cap at the end of 2017. A lot of people ignore currencies which won’t net them quick profits or don’t serve their specific cause. Even so, the Stellar price has successfully surpassed $0.50 last year. Fast forward to today, and the Stellar price surpassed $0.65 again. An interesting bounce back after a very difficult week. Stellar Price Seems to Follow XRP’s Momentum If there are two digital assets unlike any cryptocurrency existence today, it has to be XRP and XLM. The latter is also known as Stellar Lumens, another asset designed to transform the financial sector into a more modern version. Cryptocurrency speculators have kept a close eye on the Stellar price ever since the value hit $0.10. Over the past few weeks, that […]
January 12, 2018

New Data Shows Coinbase May Be Spamming the Bitcoin Network

US exchange and wallet provider Coinbase is facing fresh criticism from both users and Bitcoin industry figures over its delayed SegWit adoption. ‘You Alone Are Spamming The Network’ As the company continues to suffer technical outages due to high demand, its effect on the Bitcoin mempool has become the source of renewed calls for SegWit as a priority. “You need to batch your outgoing transactions,” Twitter user Civ Ekonom wrote in response to Coinbase’s latest reported system breakdown. You are ALONE spamming the network. If you would use segwit and batch all outgoing transactions the mempool would be EMPTY. Citing analysis of the mempool as “clear evidence,” the mempool size appears to drop significantly when Coinbase recently suspended sending Bitcoin. This has added fuel to existing community anger that the exchange has failed to implement SegWit, which would significantly reduce […]
January 12, 2018

Search Giant Baidu Launches Blockchain-as-a-Service Platform

Chinese web search giant Baidu has launched its own blockchain-as-a-service (BaaS) platform based on its own technology.
January 12, 2018

Russia’s Sberbank Has Launched a Blockchain Lab

Sberbank, one of the largest banks in Russia, has built a blockchain laboratory to develop and test blockchain-based solutions.
January 12, 2018

The Highs and Lows of Cryptocurrency Investing

The Highs and Lows of Cryptocurrency Investing One of the biggest drawcards for the cryptocurrency market as an investment opportunity has been its openness and lack of prejudice. Anyone with access to the Internet can buy a crypto asset, and in most cases, see it grow exponentially. It is investing like never before seen, breaking with a… The post The Highs and Lows of Cryptocurrency Investing appeared first on Altcoin Today.
January 12, 2018

Ex-Financial Regulator Regrets He Didn’t Invest In Bitcoin Instead of Warning Everyone Not To

Who wouldn’t like to invest in Bitcoin back at the time when it was worth $100 or $200 dollars? Now it seems that the establishment regrets not to have invested… Continue reading “Ex-Financial Regulator Regrets He Didn’t Invest In Bitcoin Instead of Warning Everyone Not To” The post Ex-Financial Regulator Regrets He Didn’t Invest In Bitcoin Instead of Warning Everyone Not To appeared first on .
January 12, 2018

Is Bitcoin Dying as a Payment Option?

From Microsoft to The North American Bitcoin Conference, businesses are starting to do U-turns on Bitcoin as a viable payment option #ANALYSIS
January 12, 2018

Bitcoin Mining Boom Hits Small Town in Washington State

A small town in Washington, Wenatchee, is seeing a Bitcoin mining boom due to low power prices and cooler temperatures. There are quite a few reasons why people choose to move to a small town. They may wish to get away from the hustle and bustle of the big city. Perhaps they wish to simplify their life and get back to basics. Or it may be, in the case of Wenatchee, Washington, that people may be looking to join in a Bitcoin mining boom. The New Virtual Gold Rush A small town in Washington state that lies a few hours away from Seattle is becoming the center of cryptocurrency mining for the United States. It appears that the rural town of Wenatchee is experiencing a major Bitcoin mining boom as people are flocking to the area to start up operations. […]
January 12, 2018

XRP Price Mounts Small Comeback as $2 Turns Into a Support Level

In a rather surprising turn of events, it seems the XRP price is slowly starting to mount a comeback all of a sudden. More specifically, the XRP price has taken a major beating in the past two weeks, but the momentum is slowly turning in favor of Ripple’s asset once again. With a value of over $2, things certainly look pretty solid right now. Given all of the market volatility taking place, it is still too early to speak of a major comeback, though. XRP Price Momentum may Turn Bullish Again No one can deny all cryptocurrencies are going through a very rough patch right now. More specifically, there is no stability whatsoever, and $50bn market cap swings are not all that uncommon whatsoever. This also means most currencies will go up or down in value in quick succession, which […]
January 12, 2018

What is Apex (CPX)? How Platform Will Help Secure User Data

Every day, people submit personal information on different platforms through registrations. Despite promises these platforms make always to keep user data, they tend to break the rule, selling user information… Continue reading “What is Apex (CPX)? How Platform Will Help Secure User Data” The post What is Apex (CPX)? How Platform Will Help Secure User Data appeared first on .
January 12, 2018

BitFury Group De-Anonymizes Over 15% of the Bitcoin Network With New Blockchain Analysis Tool

BitFury Group De-Anonymizes Over 15% of the Bitcoin Network With New Blockchain Analysis Tool The ability to analyze and link Bitcoin transactions is something many governments and regulators hope to do more of moving forward. A lot of officials still think Bitcoin is anonymous, even though that is far from the case. BitFury Group recently demonstrated their latest… The post BitFury Group De-Anonymizes Over 15% of the Bitcoin Network With New Blockchain Analysis Tool appeared first on Altcoin Today.
January 12, 2018

News Business Is Broken But Blockchain Can Save It

PressCoin plans to fix the news business with a Blockchain-based approach to building internal markets for content, traffic and engagement #SPONSORED
January 12, 2018

2018: The Year Blockchain, AI and IoT Converge

Cryptocurrencies emerged as a leading tech in 2017, but 2018 may find them merging with other technologies to become even more ubiquitous.
January 12, 2018

Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies

Japanese e-commerce and entertainment giant DMM Group has launched its crypto exchange, supporting 7 cryptocurrencies and 14 trading pairs. The group is also preparing to launch another crypto exchange in the Spring aimed at inexperienced investors. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading DMM’s Crypto Exchange Launched Japanese internet and entertainment conglomerate DMM Group has launched a cryptocurrency exchange under the brand name DMM Bitcoin. The platform began trading on Thursday January 11. To commemorate the grand opening, the exchange is giving away 1,000 yen (~$US9) to all customers who open a new account during the campaign period between January 11 to March 11. DMM Bitcoin promotional material. Customers can trade on their PC or use an Android or iOS app. The platform supports bitcoin (BTC), litecoin (LTC), ether (ETH), ethereum classic […]
January 12, 2018

Over 100K South Koreans Petition To Stop Crypto Ban, Fire Ministers

South Korea cryptocurrency users are voting en masse against the country’s prospective trading ban and demanding ministers resign. Ban Bitcoin? Fire The Government The results of two government surveys shows support exceeding 100,000 people for halting the restrictions on trading, while more than 30,000 want to see the justice minister and finance minister fired for “market manipulation.” South Korean lawmakers have stepped up efforts to severely limit cryptocurrency activity under their jurisdiction in recent months. Tax obligations, a single exchange account per citizen and bans on ICOs and Bitcoin futures have combined to produce an overall hostile environment in what was once the biggest Bitcoin trading market in the world. This week, in response to the upheaval, price monitoring site Coinmarketcap excluded major Korean exchanges from its data sheet due to what it described as “extreme divergence in prices.” JTBC: […]
January 12, 2018

Jonas Schnelli Wants You to Run a Bitcoin Full Node

Bitcoin Core contributor and maintainer Jonas Schnelli is on a mission to make running full nodes easier for non-geeks. Decentralization is at stake.
January 12, 2018

Rising fees open the door for Bitcoin’s ‘currency’ contenders

Rising fees open the door for Bitcoin’s ‘currency’ contenders Probably the biggest challenge that bitcoin faces today is scalability. Currently, bitcoin users are being charged an average of over $30 per transaction and transactions can take several hours to confirm. This is a far cry from the days when it was possible to send bitcoin within minutes… The post Rising fees open the door for Bitcoin’s ‘currency’ contenders appeared first on Altcoin Today.
January 12, 2018

Overstock Glitch Mixes Up Bitcoin and Bitcoin Cash

Retailer Overstock experienced a glitch in their system that allowed customers to pay for goods using Bitcoin Cash rather than Bitcoin, which is valued at a fraction of what Bitcoin is.  Not Quite a Discount Online retailer Overstock is known for their many deals and sales, but a glitch on the company’s website allowed customers to get an unexpected bargain. Overstock’s website gave customers the option to pay with either Bitcoin or Bitcoin Cash interchangeably. Although a seemingly small error, the two cryptocurrencies hold vastly different values. According to Coin Market Cap, Bitcoin is valued at approximately $14,000 while Bitcoin Cash sits at a value of about $2,566. Customers taking advantage of this mistake would also have had the possibility of cancelling the order and being refunded in Bitcoin, making a profit as a result. The glitch was first reported […]
January 12, 2018

Calvin Ayre Wants to Get Involved in Bitcoin Cash Mining

Calvin Ayre Wants to Get Involved in Bitcoin Cash Mining It seems everyone with some money to spare wants to get involved in cryptocurrency mining. Calvin Ayre is a very outspoken supporter of Bitcoin Cash. As a result, he aims to set up a new BCH mining venture in very near future. How all of… The post Calvin Ayre Wants to Get Involved in Bitcoin Cash Mining appeared first on Altcoin Today.
January 12, 2018

Russia Drafts Bill to Legalize Cryptocurrency Trading on Approved Exchanges

The Russian Ministry of Finance is drafting a bill to legalize cryptocurrency trading at approved exchanges. The ministry is already preparing a list of approved trading platforms. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Some Exchanges Will be Legalized Alexei Moiseev. The Russian Deputy Finance Minister Alexei Moiseev told reporters that his ministry “supports the legalization of trade in crypto-currencies on official exchanges,” RNS reported on Thursday. “We do not want to limit and regulate, but we will set some limits,” he emphasized, adding that “nothing will happen” to those already possess cryptocurrencies, the publication conveyed. The deputy minister was further quoted saying: This is about the fact that buying and selling [of cryptocurrencies] will be somehow standardized. The general idea is that it will be necessary to buy and sell on official exchanges, […]
January 12, 2018

Ethereum Price Technical Analysis – ETH/USD Testing Key Support

Ethereum Price Technical Analysis – ETH/USD Testing Key Support Key Highlights ETH price moved down recently and it broke the $1200 support against the US Dollar. There are bearish trend lines forming with resistance at $1170 and $1225 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair remains under a bearish pressure… The post Ethereum Price Technical Analysis – ETH/USD Testing Key Support appeared first on Altcoin Today.
January 12, 2018

Ripple Hate: Is Ripple a Wolf in Sheep’s Clothing?

Ripple Hate: Is Ripple a Wolf in Sheep’s Clothing? Cryptocurrency purists have always judged new coins by a few important factors. On top of that list has always been decentralization. However, one of the bigger coins in the cryptocurrency market has been hiding in plain sight with its centralized nature. But, its recent boom that saw… The post Ripple Hate: Is Ripple a Wolf in Sheep’s Clothing? appeared first on Altcoin Today.
January 12, 2018

How Blockchain is Banking the Unbanked

How Blockchain is Banking the Unbanked It may be hard to believe, but two billion people in the world still do not have a bank account.  Most of them live in low and middle income emerging markets, but even in high-income countries, large numbers of people are unable to use banks to meet their day… The post How Blockchain is Banking the Unbanked appeared first on Altcoin Today.
January 12, 2018

IOTA Technical Analysis for 01/12/2018 – Sideways Price Action

IOTA is treading sideways against both bitcoin and the dollar but could be due for a stronger bounce against the […] The post IOTA Technical Analysis for 01/12/2018 – Sideways Price Action appeared first on Bitcoin Network, News, Charts, Guides & Analysis.
January 12, 2018

Is Bitcoin’s Value Due to Social Status it Brings?

Research has shown that Bitcoin is a bit of a Veblen good — a product which gains its appeal from the social status attained by owning it. #ANALYSIS
January 12, 2018

OFFICIAL: No Cryptocurrency Trading Ban in South Korea, Government Says

OFFICIAL: South Korean Government Says No Cryptocurrency Trading Ban, Petition Calls For Firing of Ministry of Justice Head #ANALYSIS
January 12, 2018

Bitcoin Cash Price Technical Analysis – BCH/USD Trims Recent Gains

Bitcoin Cash Price Technical Analysis – BCH/USD Trims Recent Gains Key Points Bitcoin cash price after trading as high as $2948 started a new downside wave against the US Dollar. There was a break below a short-term bullish trend line with support at $2560 on the hourly chart of BCH/USD (data feed from Kraken). The… The post Bitcoin Cash Price Technical Analysis – BCH/USD Trims Recent Gains appeared first on Altcoin Today.
January 12, 2018

Bitcoin Price Watch; Here’s What’s On Tonight

Bitcoin Price Watch; Here’s What’s On Tonight We are about to close out on another day of trading in the bitcoin price and action today has been something of a wild ride. Price started the day looking as though it was set to weaken throughout the majority of the European session and, as the early… The post Bitcoin Price Watch; Here’s What’s On Tonight appeared first on Altcoin Today.
January 12, 2018

KFC Canada Is Accepting Bitcoin for Fried Chicken

Fried chicken chain KFC Canada is accepting bitcoin for a limited time for a so-called “Bitcoin Bucket.”
January 12, 2018

Etherbanking – Changing Your Mind on Banking

Etherbanking launched in August 2017 as the world’s first automated banking application with E-Smartcontract technology with an aim to “change your mind on banking.” Etherbanking has already emerged as a successful cryptocurrency lender, with the team garnering over 100,000 members in their first 3 months of operation. Their ICO launches on the 10th of January 2018, where they shall be issuing 5 million EBC tokens, each with a starting price of $10. Etherbanking’s Vision Etherbanking envisions a bank with no branches, staff, or offices. Think of the way Uber works as a company without owning any cabs, or Airbnb without owning property. Etherbanking is keen to create a financially efficient system that benefits from the Ethereum blockchain, eliminating unnecessary costs that exist in traditional finance. One of the unique features of the blockchain is that it removes the need for […]
January 12, 2018

Chinese Bitcoin Mining Giant Bitmain Establishes Branch in Zug, Switzerland

For centuries Switzerland was known around the world for its tradition of banking secrecy, but now a new financial industry is taking root in the country. Local leaders tried to establish a cryptocurrency hub, and their latest catch is Chinese bitcoin mining giant Bitmain, which expanded to a new location in the picturesque Swiss canton of Zug. Also Read: Australian Taxation Office Creates Task Force to Go After Bitcoin Traders Bitmain Switzerland Zug, Switzerland Bitmain Technologies Ltd., the Beijing-headquartered bitcoin mining machines (ASIC chips) producer, has established a new branch in Zug, Switzerland. The Chinese company explained it chose the Zug location because Switzerland was “one of the most progressive countries”, “with good legal stability” and a skilled workforce. Bitmain says it will employ more employees in Zug in the future and will “actively communicate with self-regulatory organizations (SROs) and […]
January 12, 2018

Kodak Wants Its Own Cryptocurrency and Bitcoin Mining Operation

Kodak Wants Its Own Cryptocurrency and Bitcoin Mining Operation Companies all over the world are suddenly looking to get involved with blockchain and cryptocurrency. This is an unexpected yet rather worrisome trend to contend with. When giants such as Kodak are suddenly planning to organize an ICO for their own cryptocurrency and set up a mining… The post Kodak Wants Its Own Cryptocurrency and Bitcoin Mining Operation appeared first on Altcoin Today.
January 12, 2018

US Representative Submits Bill To Establish FinTech Taskforce

A bill submitted to the US House of Representatives would require a taskforce on financial technology to be created.
January 12, 2018

U.S. State Regulators Hit BitConnect With Second Cease-And-Desist

U.S. State Regulators Hit BitConnect With Second Cease-And-Desist BitConnect’s planned initial coin offering (ICO) has attracted another cease-and-desist letter from U.S. state regulators, marking the second time this month. In a release dated Jan. 9, the regulators from the North Carolina Securities Division outlined the temporary cease-and-desist, stating that BitConnect hadn’t registered to deal or sell… The post U.S. State Regulators Hit BitConnect With Second Cease-And-Desist appeared first on Altcoin Today.
January 12, 2018

Notorious Domain XBT.com Goes up for Sale at 200 BTC

XBT.com, one of the web’s most desirable domain names, is up for sale. Its current owners, XBT Holding SA, are seeking 200 BTC – or about $2.9 million – for the site. The domain is coveted partially because XBT is the abbreviation that many institutional trading platforms use for bitcoin, and also on account of the site’s notoriety, having been linked to the hacking of the US Democratic Party. Also read: Hive to Place Its $100Mn USD Bitcoin Mining Operations in Northern Sweden Buy XBT with BTC It’s not often a three-letter dot com domain goes up for sale, but when it does, it’s guaranteed to command a premium price tag. XBT.com is of particular interest to bitcoiners, given that the letters XBT are synonymous with bitcoin in some circles. This connection accounts for why the web hosting company in charge […]