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Saturday, 20 January

01:34

Gold Sales Spike During Crypto Market Crash, Highlighting Inverse Correlation Cointelegraph.com News

A number of gold investment industry insiders claim up to fivefold increases in sales during a week of volatility on the crypto market. #NEWS

01:24

S. Korea: Major Banks Income From Crypto Accounts Up X36 From 2016 Cointelegraph.com News

Income from crypto account fees for South Korean banks soars, 36 times higher than in 2016 #NEWS

01:01

SEC Says Crypto-Based Funds Not Ready For Regulation Cointelegraph.com News

SEC is not ready to support Bitcoin ETFs, cites crypto-based funds inability to comply with existing regulations #NEWS

00:53

OKCoin: Formerly Largest Cryptocurrency Exchange in China to Launch in South Korea News CCN

The post OKCoin: Formerly Largest Cryptocurrency Exchange in China to Launch in South Korea appeared first on CCN

Following the roadmap of its competitor Huobi, formerly the largest cryptocurrency exchange in China OKCoin will launch a trading platform in the South Korean market. OKCoins South Korea Expansion Earlier today, on January 19, local media outlets in South Korea reported that NHN Entertainment, one of the biggest multi-billion dollar game developers in the country Continued

The post OKCoin: Formerly Largest Cryptocurrency Exchange in China to Launch in South Korea appeared first on CCN

00:30

Cryptoruble Delayed Russian Central Bank Worried It Could Bypass Regulations Bitcoin News

Cryptoruble Delayed - Russian Central Bank Worried It Could Bypass Regulations

Russias national cryptocurrency, the cryptoruble, is unlikely to be created in the foreseeable future, according to the Bank of Russia. The central bank believes that it could be used to bypass regulations. Meanwhile, the finance ministry wants to use the cryptoruble for cross-border payments.

Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto Regulations

Cryptoruble Could Bypass Regulations

The first deputy governor of the Bank of Russia, Sergey Shvetsov, said at the Gaidar Forum this week that The appearance of a cryptoruble in the foreseeable future is unlikely, Tass reported. He elaborated:

Im of the opinion that as long as the demand for cryptocurrencies is linked to a large extent with the bypass of regulations, it is clear that the regulator cannot afford to issue a cryptoruble, which will allow to bypass regulations.

...

00:24

Obelisk Threaten Soft Fork in Reaction to Bitmain Antminer A3 Launch Cointelegraph.com News

Obelisk has threatened to trigger a soft fork that would invalidate Bitmains new Antminer A3 miner for Siacoin - which was launched this week. #MINING

00:01

Visa CEO: We Wont Accept Bitcoin Directly News CCN

The post Visa CEO: We Wont Accept Bitcoin Directly appeared first on CCN

Visa will not directly accept bitcoin, according to company CEO Alfred Kelly in a recent CNBC interview during the National Retail Federation trade show in New York City. We at Visa wont process transactions that are cryptocurrency-based, he said. We will only process fiat currency-based transactions. Kelly pointed to the problem posed by a currency like Continued

The post Visa CEO: We Wont Accept Bitcoin Directly appeared first on CCN

00:00

2018's Challenge: Promote Responsible Blockchain Innovation CoinDesk

The chief innovation officer at the U.S. regulator for national banks details the agency's efforts to support fintech while still mitigating risk.

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Friday, 19 January

23:10

Russias Largest Bank Has Launched a Blockchain Laboratory News CCN

The post Russias Largest Bank Has Launched a Blockchain Laboratory appeared first on CCN

Sberbank, Russias largest bank by assets, has opened a blockchain lab to develop, test and pilot blockchain projects. The newly established blockchain lab will focus on developing business solutions for the wider Sberbank Group in addition to cooperating with startups, associations, communities and alliances to further blockchain awareness and development. Blockchain specialists will arrive as Continued

The post Russias Largest Bank Has Launched a Blockchain Laboratory appeared first on CCN

23:00

Stuck at $12K: Bitcoin Price Needs Quick Progress to Avert Further Losses CoinDesk

With its recovery stalled, bitcoin needs a quick break above $12,500 or the tide may turn in favor of the bears.

22:34

Bitcoin Cash Trading Pairs Open at Cryptocurrency Exchange Cointelegraph.com News

KuCoin is the first top 20 exchange to open up the BCH trading pairs #SPONSORED

22:16

Israel Tax Authority is Looking to Collect from ICOs News CCN

The post Israel Tax Authority is Looking to Collect from ICOs appeared first on CCN

Israel is calling for a tax on upcoming ICOs for both issuers and investors, opting in a double-edged sword scenario to tighten the noose on regulation as opposed to a more severe approach taken by China and South Korea. Israels Tax Authority, which is comparable to the IRS, has published draft legislation with details of Continued

The post Israel Tax Authority is Looking to Collect from ICOs appeared first on CCN

22:00

Commission Income From Crypto Accounts Jumped 36 Times for South Korean Banks Bitcoin News

Commission Income From Crypto Accounts Jumped 36 Times for South Korean Banks

South Korean banks have been providing virtual account services to cryptocurrency exchanges and earning commissions from them. According to data obtained by the countrys Financial Supervisory Service, banks made 36 times more in commission income from crypto exchanges last year than the previous year.

Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto Regulations

Banks Earned 36x More From Crypto Accounts

Commission Income From Crypto Accounts Jumped 36 Times for South Korean BanksThe Korean Financial Supervisory Service (FSS) has obtained data from banks relating to their virtual account services to crypto exchanges. It includes data from the six banks inspected by the regulators last week: Woori Bank, KB Kookmin Bank, Shinhan Bank, Nonghyup Bank, Korea Development Bank, and Industrial Bank of Korea.

The agency reveale...

22:00

Global Securities Watchdog Warns Investors on ICO Risks CoinDesk

An organization of global securities regulators has issued a notice alerting investors to the perceived risks associated with initial coin offerings.

21:30

PR: X Win Crypto Bet the Right ICO Could Be the Best Way to Enrich Yourself Bitcoin News

X Win Crypto Bet

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

It is known, the investment process can eventually be destroyed by the initial coin offering (ICO) or ensuing token generation events. The new business model existing it the world of blockchain technology changes traditional fundraising campaigns in the way of clarity, transparent success and safety. Producing of the held-for-trading tokens raises the capital in this process.

The peculiarity of ICO is founded on the idea of using the crypto tokens. The main two tokens types proving the services and products of ICO to the potential investors are the utility tokens (app coins) and equity tokens. In case of business success, the investors are able to get the money in cash or different coins in exchanges (e.g. ETH, BTC) by trading on the basic cryptocurrency exchanges. The adventurous for an ICO is the perspective of capital growth that can provide further development of the project based on the blockchain.

ICO INVESTING COULD BE THE BEST WAY TO GROW RICH
Throughout 2017 ICO became the most commercially successful and investment attractive way to get the capital for starting the business. Such ICO niches like gambling, finance, healthcare, E-learning are in great demand with investors.

As was said earlier, the substitution of traditional business models for new ones in the world of blockchain technologies brings advanced ways for project development, its fundraising, and realization. First of all, it is evenly necessary to spend the time on learning the rock-solid whitepaper and well-crafted website if the investor is interested in ICO investing. Full knowing of core ICO audience and the idea of ICO are also essential for starting investment.

A GRAIN OF SAND ON THE BEACH
The advent of plenty ICOs and new tokens with every week, the realizatio...

21:25

Does Bitcoin Have a Future? "IndyWatch Feed Economics"

Lambert here: Prosecution futures, as Yves has always said. By Marshall Auerback, a market analyst and Research Associate at the Levy Institute. Originally published at Alternet. Is the bitcoin craze another in a series of historys most infamous bubbles, or is it a genuine harbinger of a new global financial architecture? In spite of recent []

21:00

SEC Outlines Reasons for Reluctance to List Cryptocurrency ETFs CoinDesk

An SEC letter states there are "significant investor protection issues" to be examined before opening up crypto-ETFs to retail investors.

20:04

"An Extreme Warning from Our Doom Index" "IndyWatch Feed World"

"An Extreme Warning from Our Doom Index"
by Bill Bonner

"When we left you yesterday, we were describing why the situation is getting dangerous for investors, and how the lessons learned over the last 30 years may backfire in the next crisisDow over 26,000bitcoin under $10,000, reports this mornings newsbut could crypto panic spill over into stocks?

Investors are accustomed to depending on the Greenspan-Bernanke-Yellen putwhich is to say, they are pretty sure that the feds will come in with more booze when the party starts to flag. Buy the dip, they tell each other, confident that the feds can be counted on in a pinch...

20:00

Why So Paulo Wants to Pay for Infrastructure with Cryptocurrency CoinDesk

The Brazilian state wants to pay for feasibility studies with a token designed for the construction industry. Can such a coin achieve network effect?

19:44

Petro Discount: Venezuela is Luring Qatar to Invest in State Cryptocurrency News CCN

The post Petro Discount: Venezuela is Luring Qatar to Invest in State Cryptocurrency appeared first on CCN

A delegation of officials from Venezuelas government is reportedly pitching the countrys upcoming cryptocurrency petro in Qatar in an attempt to gain the latter as an early investor. Citing source with knowledge of the diplomatic meetings, Bloomberg is reporting that a group of Venezuelan officials led by crypto superintendent Carlos Vargas is currently in Qatar, Continued

The post Petro Discount: Venezuela is Luring Qatar to Invest in State Cryptocurrency appeared first on CCN

19:31

Wall Street Creates Global Cryptocurrency Data Feed Bitcoin News

Wall Street Creates Global Cryptocurrency Data Feed

New York Stock Exchange (NYSE) parent Intercontinental Exchange, Inc. (ICE) has announced it is creating a global cryptocurrency data feed, active by the years first quarter.

Also read: Have Lunch with Bitcoin Jesus!

Wall Street Teams with Bitcoin Developer

Access to comprehensive price discovery is vital to accurately value the cryptocurrency market, a newly created ICE landing page reads. Our Cryptocurrency Data Feed, available on the ICE Consolidated Feed, gives you access to streaming real-time, end of day and historical data for the most actively traded digital currencies.

Intercontinental Exchange, Inc. (ICE) owns several exchanges from the New York Stock Exchange (NYSE) to subsidiaries in Singapore and Netherlands. Based in Atlanta, Georgia, its a Fortune 500 company looking to enter the burgeoning cryptocurrency market. Blockstream is a private company geared toward bitcoin core applications, especially sidechains, and funds many bitcoin core projects, and will act as its partner.

...

19:00

Five Russian Cryptocurrency Projects You Should Know About "IndyWatch Feed World"





 
This item gives us a glimpse of the future coming at us.  It even reflect my earlier thoughts regarding the natural community in those farm based applications.  It is already infecting the natural community and blossoming.
This is actually huge of course and informs us the the bitcoin market will provide a true global currency outside the control of all national governments. 

Yet it will be subsumed by the natural community is both its virtual manifestation and its physical form however rare.
.
Five Russian Cryptocurrency Projects You Should Know About


Russia is a massive presence in the cryptocurrency phenomenon.


Nina Lyon


Sat, Dec 23, 2017


http://russia-insider.com/en/five-russian-cryptocurrency-projects-you-should-know-about/ri22003


Russia has produced lots of prominent figures in the crypto industry, including Vitalik Buterin and Igor Barinov. These days, its almost impossible to come across some ICO landing page without seeing at least one Russian name on the team.




While projects like Ethereum and Blocknotary went global and are hardly related to Russia itself, the country seems to have more prominent projects and people it could contribute to the expanding blockchain universe. Even though the regulatory environment in Russia remains ambiguous with controversial statements issued by government officials almost every week, these projects managed to not only to emerge but to truly flourish.

Waves


Waves, a Moscow-based project led by Sasha Ivanov, hit the headlines back in 2016 with the...

19:00

Bitcoin Gold Price Technical Analysis BTG/USD Approaching Key Support NewsBTC

Key Points

  • Bitcoin gold price is slowly recovering and is currently trading above the $200 level against the US Dollar.
  • There is a key bearish trend line forming with resistance at $250 on the hourly chart of BTG/USD (data feed from Bitfinex).
  • The pair may continue to move higher, but it could face sellers near the $240 and $250 resistances.

Bitcoin gold price is recovering from the $140 support zone against the US Dollar. BTG/USD might recovery further and it could test the $240-260 resistance zone.

Bitcoin Gold Price Resistance

After trading as low as $143, bitcoin gold price started a recovery against the US Dollar. The price moved higher and broke the $200 resistance level to set the pace for more gains. It also cleared the 23.6% Fib retracement level of the last decline from the $340 swing high to $143 low. The current price action is positive and there are chances of more gains above $220 in the near term.

At the moment, the price is testing a key resistance at $218-220 and the 100 hourly simple moving average. The $218 level is also the 38.2% Fib retracement level of the last decline from the $340 swing high to $143 low. Above the $220 level, there is a major bearish trend line forming with resistance at $250 on the hourly chart of BTG/USD. The trend line resistance around $250 is the most important barrier for buyers on the upside. An intermediate resistance is around the 50% Fib retracement level of the last decline from the $340 swing high to $143 low at $241.

Bitcoin Gold Price Technical Analysis BTG USD

The current momentum is positive, but it wont be easy for BTG/USD to break the $240-250 resistance area.

Looking at the technical indicators:

Hourly MACD The MACD for BTG/USD is slowly moving in the bullish zone.

Hourly RSI (Relative Strength Index) The RSI for BTG/USD is moving higher towards the 60 level.

Major Support Level $200

Major Resistance Level ...

18:23

Overwhelmed Cryptocurrency Exchanges Are Hiring Staff by the Hundreds Bitcoin News

Cryptocurrency Exchanges Are Hiring Staff by the Hundreds

Cryptocurrency exchanges have been overrun for months, as record demand has caused throttling or restriction of service altogether. With exchanges buckling under the strain, a number of platforms have been forced to temporarily shut their books. On Thursday, Bitstamp announced plans to recruit 100 new call center staff as it struggles to feed the crypto frenzy.

Also read: Korean Crypto Exchanges Go on Hiring Spree, Stealing Workers From Banks

Bitstamp Buttresses its Exchange

Cryptocurrency Exchanges Are Hiring Staff by the HundredsWhen crypto mania and bitcoin prices peaked in December, exchanges were onboarding over a million users a day. Prices have since dropped, but demand for admission to the crypto party has not. Users are still flocking to exchanges, and exchanges are doing their best to accommodate them whilst tending to their existing customer base. In a frank and detailed blogpost on Thursday, Bitstamp CEO Nejc Kodri tried to sum up the extent of the problem. He be...

18:00

The ECB Wants to Hear Your Cryptocurrency Questions CoinDesk

The European Central Bank is soliciting questions for its president, Mario Draghi, specifying that cryptocurrencies should be a topic.

17:49

Ledger secures $75m for crypto security NewsBTC

The demand for secure crypto storage is almost as high as the demand for the assets themselves. Only a few companies at the moment are offering solid secure offline storage devices for cryptocurrencies and they are selling out like hot cakes. Ledger is one such company and it has just secured its second round of investments which will go into research and development and up-scaling operations.

In a press release on the company blog yesterday Paris based Ledger announced that Series B of funding has now been completed with 75 million USD secured in investments. The first round of investments was held in March 2017 where $7 million was raised. Leading the way was London based capital markets firm Draper Esprit whose CEO Simon Cook said;

Blockchain, as evidenced by crypto assets, is a truly revolutionary technology. Security will be paramount to its success and we believe that Ledger has built the worlds best security platform to manage private keys for all blockchain and crypto asset applications. This is a global company for a global industry and we have built an international syndicate through the Draper Network to support the team in their huge ambition.

A number of other venture capitalist partners added to the stash which included Draper Associates, Draper Dragon and Boost VC, as well as FirstMark Capital, Cathay Innovation, and Korelya Capital.

Eric Larchevque, Ledger CEO, was pleased with the outcome;

We initially designed our Ledger hardware wallet as an enabler for the blockchain revolution. Three years later and with this Series B, we are reaching a significant milestone in our path to build a technological giant in the promising space of cryptocurrencies. These funds will be used to keep investing significantly in R&D while scaling our operations and deploying our teams globally. I am delighted to bring on board Draper Esprit and a truly global group of investors who will support the company as it grows rapidly.

Further services are in the pipeline including the Ledger Vault which aims to enable banks, funds and offices to secure and manage their crypto assets. The company has sold over a million hardware wallets around the world and demand is at an all-time high. They have currently sold out and have a pre-order notice on the website for the next batch on March 26.

The post Ledger secures $75m for crypto security appeared first on NewsBTC.

17:42

Best Ethereum Mining Hardware (2018 Updated) 99 Bitcoins

The post Best Ethereum Mining Hardware (2018 Updated) appeared first on 99 Bitcoins.

Ethereum (ETH) is a popular choice for graphics card (GPU) miners. In 2018, Ethereum smashed its long-term $400 ceiling, and reached more than $1,000. Ethereum GPU Mining Ethereums Ethash algorithm is one of many algorithms designed for optimal mining on GPUs. Generally speaking, a GPU is good for mining all GPU-mineable cryptocurrency (including Ethereum Classic, [...]

17:30

Ripple Price Technical Analysis XRP/USD Settles above $1.50 NewsBTC

Key Highlights

  • Ripple price managed to move further higher and it broke the $1.50 resistance against the US dollar.
  • There is a short-term bullish trend line forming with support at $1.50 on the hourly chart of the XRP/USD pair (data source from Kraken).
  • The pair is placed nicely above the $1.45 and $1.50 levels, and is eyeing further gains.

Ripple price is back in the bullish zone against the US Dollar and Bitcoin. XRP/USD is gaining pace and it may soon attempt further upsides toward $1.80 and 2.00.

Ripple Price Support

There was a decent recovery initiated in Ripple price from the $0.8905 swing low against the US Dollar. The price traded above the $1.00 and $1.20 resistance levels to initiate a fresh upside move. There was even a break above the 61.8% Fib retracement level of the last major decline from the $1.91 high to $0.89 low. It opened the doors for more gains and the price was able to break the $1.45 and $1.50 resistance levels.

It traded as high as $1.7540 and is currently correcting lower. It is testing the 23.6% Fib retracement level of the last wave from the $0.8905 low to $1.7540 high. Moreover, there is a short-term bullish trend line forming with support at $1.50 on the hourly chart of the XRP/USD pair. The trend line support at $1.50 is also around the 100 hourly simple moving average. Therefore, there is a major support forming at $1.50. As long as the pair is above the $1.50 level, there could be more gains toward $1.75 or above the mentioned level.

Ripple Price Technical Analysis XRP USD

The overall price action remains positive with supports at $1.45 and $1.50.

Looking at the technical indicators:

Hourly MACD The MACD for XRP/USD is currently in the bearish zone, but with very less momentum.

Hourly RSI (Relative Strength Index) The RSI for XRP/USD is currently well above the 50 level.

Major Support Level $1.50

Major Resistance Level $1.75

 ...

17:27

South Korean Officials Initiated Insider Trading, Bought Bitcoin Before Trading Ban Fiasco News CCN

The post South Korean Officials Initiated Insider Trading, Bought Bitcoin Before Trading Ban Fiasco appeared first on CCN

According to Choi Heung Sik, the director of South Koreas Financial Supervisory Service (FSC), the countrys integrated financial regulator that examines and supervises financial institutions, several officials and employees of the FSC sold bitcoin immediately before the premature statement on a possible cryptocurrency trading ban was released by Justice Minister Park Sang-ki. Insider Trading Probe Continued

The post South Korean Officials Initiated Insider Trading, Bought Bitcoin Before Trading Ban Fiasco appeared first on CCN

17:00

Internet-Platform for Ticket Sales for Events Eticket4 Goes to ICO NewsBTC

Eticket4, the p2p-marketplace for tickets for sports, music and theater events for participants of the secondary market, announces the launch of Pre ICO on January 30, 2018, to attract investment for development and international scaling. For these purposes, the company will release tokens ET4.

Details of selling ET4 tokens

Initially, 30 million tokens will be released. Throughout the sale period, the price of one ET4 token is 1/1000 ETH. However, bonuses are provided. So, a private offer for investors, within which a preliminary closed sale will be held on January 30, provides bonuses of 40%. Many investors have already confirmed their participation in the private offer.

Pre ICO also starts on January 30 and will last until February 21. Totally planned to sell 3 million tokens during the pre-ICO.

The ICO start is scheduled for February 27 and will last four weeks. Under the terms of the smart contract, unsold tokens will be burned. Based on the results of private and public proposals, the maximum amount to the collection is the amount of 13,800 ETH. Tokens can be purchased using the currencies Bitcoin (BTC) and Ethereum (ETH).

Discounts on tickets: why ET4 tokens are needed

ETicket4 already shows an average monthly growth rate of 2-3%, so the tokens are provided with real, rather than speculative liquidity.

...

16:32

IS DASH RECOVERY ON-COURSE OR SELLERS ARE ANGLING FOR ENTRIES? NewsBTC

Safe from stagnation at key resistance levels, most alt coins are inching higher. From price action, DASH recovery looks to be on course as buyers push prices higher.

This was likely to happen. Relative to other coins, DASH bore the wrath of sellers after that serious dip to as low as $600. Despite the rosy view, we cannot rule out possibilities of alt coin sellers angling for better entries with every higher high.

This is why we should especially watch out and wait for reactions at $210 for LTC and $3 for IOTA. Any break above and buyers might have a field day.

NEM IS BACK AT $1.14 AS BUYERS WAIT FOR A CONFIRMATION ABOVE $1.50

NEM bullsXEMUSD 4HR Chart for January 19, 2018

As a typical break out, NEM prices are back towards $1.14, a reprieve for buyers? Yes, maybe.

But first, it will mean nothing if the last couple of bullish soldiers which resisted lower lows with a double bar reversal pattern failed to follow through and push above this minor resistance line.

Of course there are hints of such but we need a strong close above $1.50 to be certain of bull pressure.

Otherwise, it can quickly turn out to be another retest of break out level and a possible resumption of bear pressure.

Its mainly because of this reason why I dont recommend longs or shorts unless there is confirmation of bear/bull moves in either direction.

LUMENS SNAP BACK TO TREND AFTER TESTING $0.30

...

16:25

Journalist Ben Swann Is Returning Thanks To DASH Cryptocurrency "IndyWatch Feed Nthamerica"

TheLastAmericanVagabond.com

After nearly a year of silence on social media, journalist Ben Swann is preparing to make his triumphant return using the popular DASH cryptocurrency.  On February 1, 2017, award-winning journalist Ben Swann went dark as his social media accounts on YouTube, Facebook, Twitter, and elsewhere were suddenly deactivated. Swann is a well-known local journalist at []

The post Journalist Ben Swann Is Returning Thanks To DASH Cryptocurrency appeared first on The Last American Vagabond.

16:11

Where'd You Get That Token? 7 Platforms Managing ICOs CoinDesk

A handful of platforms have launched to support token issuers with their sales. Which one an issuer uses may say something about the token itself.

16:07

Cryptocurrency & the Race for Money "IndyWatch Feed World"

QUESTION: You have talked about bitcoin and are rightly skeptical as we all should be, yet creative destruction rolls on. What insights do you have to share about the Dapps and Ethereum? In reading your blog for several years now you have truly opened many peoples minds. Thank you for your insight!

KS

ANSWER: If you want to trade Bitcoin, use the futures. The futures market will bring stability to the price and open the door for hedging what is otherwise at times an illiquid market. Understand one thing. This is all part of the shift from Public to Private. Cryptocurrencies are marketed as some magic money that will be free of the fiat world of government. That is total nonsense for governments will by no means allow that to happen. Nevertheless,  this is part of the same anti-government movement that brought Trump to the White House, BREXIT, Catalonia uprising, Ukraine revolution and so on. This is the rise in the stock market and the shift of capital from government bonds to equities. This will all end in a monetary crisis event perhaps as soon as 2021.

Keep in mind that Coinbase had to give up everyones name to the IRS and they sent out notices warning people they better claim their profits because the IRS will be looking to audit anyone trying to hide their gains from taxes. The technology of Bitcoin is inferior to other currencies. I believe in the end, we are moving toward electronic money but the governments will control it. This idea that somehow it is safer because it is outside the central banks is really nonsense. So is gold, commodities, real estate, and shares. There is a huge void with respect to counterparty risk in the cryptocurrency world and the fees to use this stuff are outrageous. I do not see this as a viable situation moving forward in time. It also requires a power grid. Take that out and you have nothing. The good old tangible things will always survive. If society collapsed, electronic money in all forms may not survive. Also remember that today only about 4% of all transactions take place in pape...

16:00

Ethereum Price Technical Analysis ETH/USD Facing Crucial Resistance NewsBTC

Key Highlights

  • ETH price started a decent upside recovery after trading as low as $753 against the US Dollar.
  • There is a major bearish trend line with resistance at $1065 on the hourly chart of ETH/USD (data feed via SimpleFX).
  • The pair is struggling to break the $1070 and $1085 resistance levels and is slowly moving down.

Ethereum price is facing an uphill task against the US Dollar and Bitcoin. ETH/USD needs to clear the $1070 and $1085 resistance levels to gain upside momentum.

Ethereum Price Resistance

Yesterday, we saw the start a decent upside recovery from the $753 swing low in ETH price against the US Dollar. The price succeeded in moving past the $800 and $1000 resistance levels. There was also a break above the 38.2% Fib retracement level of the last major decline from the $1375 high to $753 low. It cleared the path for more gains, but the price seems to be struggling to move above the $1070 and $1085 resistance levels.

There is also a major bearish trend line with resistance at $1065 on the hourly chart of ETH/USD. The trend line resistance is also around the 50% Fib retracement level of the last major decline from the $1375 high to $753 low. Therefore, the $1065 resistance level is very crucial for further upsides. More importantly, the 100 hourly simple moving average is positioned near $1085 to act as a key barriers for buyers. Once there is a proper close above the $1085 level and the 100 hourly SMA, the price may gain bids.

Ethereum Price Technical Analysis ETH USD

On the downside, an initial support is at $900. However, the current price is slightly bearish below $1065. If the pair fails to move above $1065, it could decline back toward $800.

Hourly MACD The MACD is once again attempting to move into the bearish zone.

Hourly RSI The RSI is now below the 50 level and is heading lower.

Major Support Level $900

Major Resistance Level $1065

 

Charts courtesy ...

16:00

Bitcoin and United States Dollar coinmill.com Currency Rates

0.00010 BTC = 1.18 USD
1.00 USD = 0.00008 BTC
Converter

15:55

Autopsy of the Bitconnect Implosion: Ponzi, Centralization, Governance Bitcoin News

Autopsy of Bitconnect: Ponzi, Centralization, Governance

Ponzi lending smart bot scam Bitconnect finally did what most sane observers predicted long, long ago. It went splat. And it didnt collapse due to government pressure, nor flurries of bad press, and certainly not from DDoS hacking attacks. The story is more of a ballad, a great object lesson, and it is the lie proving a greater truth: coin centralization and governance end in fiery crashes and hellish burns.

Also read: Ditch University and High Transaction Fees!

Changes Coming for the Bitconnect System

Ubitex, MyBitcoin, Bitcoin7, Bitscalper, Bitcoin Savings & Trust, Bitcoin Rain, Gbl Basic-Mining, Butterfly Labs, MintPal, Gemcoin, GAW Miners / Paycoin, well known developer Jameson Lopp listed, including the latest, Bitconnect. Scammers have wanted your BTC ever since it had an exchange rate. Learn from history. Dont be greedy. Dont be a victim, he tweeted.

The third week of 2018 brought an announcement, Changes coming for the Bitconnect system Halt of lending and exchange platform, ...

15:14

Morgan Stanley Now Clearing Bitcoin Futures for Clients, Helping Institutions Gain Exposure Cointelegraph.com News

Morgan Stanley becomes the second major Wall Street firm to begin clearing Bitcoin futures contracts, possibly opening the floodgates. #NEWS

15:10

CRYPTO CRASH: You Wont Believe What Just Happened to Bitcoin "IndyWatch Feed Economics"

CRYPTO CRASH: You Wont Believe What Just Happened to Bitcoin by Greg Guenthner Daily Reckoning Bitcoin broke below $10,000 during a wild trading session yesterday, briefly sending the king of cryptos 50% below its December highs. Thats crash territory,...

The post CRYPTO CRASH: You Wont Believe What Just Happened to Bitcoin appeared first on The Daily Coin.

15:08

Bitcoin Cash Price Technical Analysis BCH/USD Holding on to Gains NewsBTC

Key Points

  • Bitcoin cash price recovered well from the $1340 low to well above $1700 against the US Dollar.
  • However, this weeks highlighted crucial bearish trend line with current resistance at $1900 is preventing gains on the hourly chart of BCH/USD (data feed from Kraken).
  • The pair needs to overcome selling pressure around the $1900 and $2000 levels to gain momentum.

Bitcoin cash price has moved into the positive zone above $1700 against the US Dollar. BCH/USD now has to move past $2000 for more gains.

Bitcoin Cash Price Upside Hurdle

Yesterday, we saw the start of a decent recovery in bitcoin cash price from the $1340 low against the US Dollar. The price moved higher and succeeded in breaking the $1700 resistance. There was also a break above the 38.2% Fib retracement level of the last fall from the $2405.2 high to $1340.9 low. The current price action is positive above the $1700 level, but BCH is facing a major hurdle on the upside.

At the moment, the 50% Fib retracement level of the last fall from the $2405.2 high to $1340.9 low at $1870 is acting as a major hurdle. More importantly, this weeks highlighted crucial bearish trend line with current resistance at $1900 is preventing gains on the hourly chart of BCH/USD. Therefore, there are two major resistance for more gains $1900 and $2000. The pair has to move past $1900 and close above $2000 to gain further upside momentum.

Bitcoin Cash Price Technical Analysis BCH USD

Around the mentioned $2000, the price faces the 100 hourly simple moving average. Moreover, the 61.8% Fib retracement level of the last fall from the $2405.2 high to $1340.9 low is at $1997. On the downside, an initial support is at $1700 followed by the $1500 level.

Looking at the technical indicators:

Hourly MACD The MACD for BCH/USD is slowly moving in the bullish zone.

Hourly RSI (Relative Strength Index) The RSI for BCH/USD is just above the 50 level.

...

15:01

LTC/USD Consolidating After Dropping to Key Fibonacci Level NewsBTC

Litecoin was not immune from the cryptocurrency bloodbath this week. It dropped 50% from its all-time high and confirmed below the daily Ichimoku cloud. Here is a quick overview.

LTC/USD Price Action

After reaching the all-time high level of $420 in mid-December, LTC/USD started a brand new downtrend. It has been mainly supported by the 76% Fibonacci retracement level of $163, as it tested it once in December and twice in the past week.

LTCUSD-Price-ActionLTC/USD-Price-Action

It has also confirmed below the daily Ichimoku cloud, with the Tenkan line, Kijun line, and the future cloud in a bearish momentum. The Chiko span has yet to cross below the cloud though.

Unlike many of its major cryptocurrency counterparts, Litecoin has mainly been consolidating after the sharp plunge. It has formed a series of Doji candlestick patterns in the past few days, with no clear indication of its next direction.

How Are the Other Cryptos Doing?

Besides Ripples XRP which has shifted into a bullish momentum after the plunge, many other cryptocurrencies including Ethereum and Bitcoin are also in a consolidation mode.

Litecoin and Bitcoin are practically correlated because their use cases are very similar. If you consider Bitcoin as an asset like gold, Litecoin would be Silver.

Litecoin was created by former Coinbase engineer Charlie Lee in 2011 as a quicker alternative to Bitcoin.

What Was the Crash All About?

This weeks crash came after a global tide of regulation against the inchoate cryptocurrency industry. On one hand, these regulations may be scaring bitcoin investors into selling their coins now before the full impact of regulation makes itself felt. On the other, it may also be threatening suspect exchanges such as BitConnect, with its own token declining in value by 46 percent between December 17th and January 15th the day before it announced its closure.

...

14:50

Bob Moriarty: Get Ready For A Cascading Default From The Crypto Crash "IndyWatch Feed Economics"

Bob Moriarty: Get Ready For A Cascading Default From The Crypto Crash from Energy and Gold Bob Moriarty, founder of 321gold, has been adamant about Bitcoin and cryptocurrencies being the biggest bubble weve ever seen. He has been incredibly accurate...

The post Bob Moriarty: Get Ready For A Cascading Default From The Crypto Crash appeared first on The Daily Coin.

14:37

Bitcoin Price Technical Analysis for 01/19/2018 Sellers Returning? NewsBTC

Bitcoin Price Key Highlights

  • Bitcoin price looks ready to resume its slide as the descending trend line on the 1-hour time frame is keeping gains in check.
  • This lines up with Fibonacci retracement levels that add to its strength as a ceiling.
  • A continuation of the selloff could lead to a test or break of the lows near $9,300.

Bitcoin price is struggling to regain ground as it hit a barrier at the inflection points on short-term charts.

Technical Indicators Signals

The 100 SMA is below the longer-term 200 SMA so the path of least resistance is to the downside. In other words, the selloff is more likely to continue than to reverse.

The gap between the moving averages is widening to signal a pickup in bearish momentum. The 100 SMA also lines up with the trend line and Fib levels, keeping gains in check. A larger pullback could still hit a ceiling at the 200 SMA dynamic inflection point around $13,000.

Stochastic is pointing down to signal that sellers are on top of their game. RSI has more room to fall, possibly allowing bitcoin price to drop to the swing low or even break lower.

Market Factors

Bitcoin price appears to be unable to shrug off the negative vibes from the crackdown in China and South Korea, with the latest sharp selloff further spooking investors into liquidating.

It might need a strong catalyst to spur a break past the trend line and upside inflection points before bulls jump back in. For now, there seem to be no foreseeable catalysts, unless a test of another major inflection point prompts more buyers to get in a cheaper levels.

Its worth noting that a couple of geopolitical risks are in play in the financial markets and this could prove positive for cryptocurrencies. First is the looming threat of a US government shutdown and next is the inability for Merkel to strike a coalition in Germany.

The post Bitcoin Price Technical Analysis for 01/19/2018 Sellers Returning? appeared first on NewsBTC.

14:10

Perfect Entry Point: My No.1 Crypto 2018 "IndyWatch Feed Nthamerica"

TheLastAmericanVagabond.com

The entire cryptocurrency arena is under fire right now. Its a war zone out there. Many people throughout 2017 were cocky and pretentious enough to start comparing Bitcoin to gold. I vividly remember how many declared death on precious metals, deeming them unmodern. Wealth Research Group views cryptocurrency as misleading, like I told RT TV, the []

The post Perfect Entry Point: My No.1 Crypto 2018 appeared first on The Last American Vagabond.

14:10

The Russo-Chinese Alliance Revisited "IndyWatch Feed Economics"

The Russo-Chinese Alliance Revisited by Andrei Martyanov  UNZ Review Americas greatest strategic mind of global recognition, Alfred Thayer Mahan, in his seminal work The Influence of Sea Power upon History saw the World Ocean and activity in it as the foundation...

The post The Russo-Chinese Alliance Revisited appeared first on The Daily Coin.

13:34

US Sheriffs Welcome $1.7 Million Windfall After Students Plead Guilty to Stealing 5,400 BTC Bitcoin News

US Sheriffs Welcome $1.7 Million Windfall After Students Plead Guilty to Stealing 5,400 BTC

Two Jacksonville students are facing up to two decades behind bars after pleading guilty to stealing $4 million worth of bitcoin. The pair hacked darknet site Sheep Marketplace in 2013 and made off with 5,400 BTC. Under forfeiture laws, Nassau County Sheriffs Office will share in a $1.7 million windfall.

Also read: US Marshals Plan to Auction $52M Worth of Seized Bitcoins

LEA Celebrates Another Bitcoin Bonanza

Bitcoin thefts end badly for hackers who dont cover their tracks, but spell great news for law enforcement. Across the US, federal and state agencies have been treating themselves to new computers and other equipment, all paid for with confiscated digital assets. Its common practice for law enforcement to keep a portion of the proceeds from major crimes, but bitcoins rising value, coupled with the glacial pace at which criminal trials move, has caused payouts to balloon.

...

11:50

Crypto Crash Sparks Rush into Gold "IndyWatch Feed Economics"

Crypto Crash Sparks Rush into Gold from Schiff Gold The crypto crash earlier this week sparked a run to gold. Regulatory concerns set off the panic. Bitcoin fell below $10,000 for a time, and other cryptocurrencies saw precipitous drops. Crypto...

The post Crypto Crash Sparks Rush into Gold appeared first on The Daily Coin.

11:42

Journalist Ben Swann Is Returning Thanks To DASH Cryptocurrency "IndyWatch Feed Nthamerica"

By Derrick Broze After nearly a year of silence on social media, journalist Ben Swann is preparing to make his triumphant return using the popular...

11:30

Neo Approaches Record High But Centralization Concerns Persist Bitcoin News

Neo Approaches Record Highs But Centralization Concerns Persist

After gaining 2,300% in six months and launching a string of eagerly anticipated ICOs, Neo would appear to be quite the success story. The token is currently trading for $150, after peaking at $193 earlier this month. But behind the scenes, everything isnt as rosy as it seems; the Chinese blockchain faces persistent claims of over-centralization and rumors of US exchange delisting.

Also read: Bitcoin Hardware Wallet Maker Ledger Raises $75 Million from VC Investors

The Neo Kid on the Blockchain

Neo Approaches Record Highs But Centralization Concerns PersistIf 2017s crowdsales were all about Ethereum, 2018 is shaping up to be the year of Neo. The Asian smart contract platform has some way to go before it can match the transaction volume, market cap, or number of ICOs as Ethereum. But if hype is any arbiter of things to come, Neo is on course to own 2018. The biggest token generation events this month have all been on the Neo blockchain, with tokens selling out in record time.

The K...

11:07

Arizona State University Partners With Dash to Fund Research, Scholarships Cointelegraph.com News

Dash is expanding on its $50,000 donation to ASUs Blockchain Research Lab (BRL) from last year by donating an additional $100,000 to the BRL and $50,000 for the universitys Luminosity Lab. Dash is also funding $100,000 in scholarships and is creating a Blockchain course. #NEWS

10:30

PR: PodOne Adds Veteran Industry Insider to Team and Launches ICO to Revolutionize the Contact Center Industry Bitcoin News

PodOne Adds Veteran Industry Insider to Team and Launches ICO to Revolutionize the Contact Center Industry

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

PodOne is launching the next global phase in call and contact center services, bringing together employers and agents through its decentralized network while optimizing staff time, reducing labor costs and elevating a new standard in training. The company is launching its Qubicle ICO on January 15th, 2018 to raise funds for the development of their product roadmap.

They also announced the addition of Rob Duncan, the former COO of successful work-at-home call center pioneer Alpine Access to the team of advisors. Rob oversaw operations at Alpine Access until it was acquired by Sykes Interactive, a $1.2B contact center business process outsourcer, for $150M and was rebranded to Sykes Home.

PodOne comes from the creators of Fenero, a well-known provider of contact center software with over 2,200+ call and contact centers using the platform in over 20 countries.

Call centers have earned a mixed reputation through hit-or-miss customer service and poor quality standards, says Marlon Williams, Founder and CEO of PodOne and Fenero. With PodOne, we are on a mission to change this narrative by changing the way the industry works, in the first decentralized network of contact center professionals, with requisite substantive training and by introducing incentives for top-graded customer service representatives.

Mr. Williams also stated, With global online sales on a steady upward projection, it is now more critical than ever to have high, consistent standards of customer service through contact centers. Brands need to assure their customers that they can rely on the sales and after-sales call center service.

As reported previously...

10:12

Blockchain.info Wallet Opens Bitcoin Buy, Sell Features for Many US Customers Cointelegraph.com News

UK-based Blockchain.info, a digital wallet provider, has announced that they have begun offering users in 22 states the ability to buy and sell Bitcoin. #NEWS

09:45

Bitcoin Devs Release Long-Awaited Schnorr Paper for Scalability Gains CoinDesk

Bitcoin devs have released the first paper on the Schnorr multi-signature protocol, which, if implemented, would increase bitcoin block sizes.

09:33

Survey: Indians See Brighter Crypto Future than Americans Bitcoin News

Survey: Indians See Brighter Crypto Future than Americans

Despite repeated government warnings against crypto investing, a sizable majority of Indians feel optimistic about the future of cryptocurrencies. Just as many Indians, as Americans, 7%, admit they own bitcoin or an altcoin, according to a survey that covered 6 countries, including major markets. Indians are more optimistic, however 68% believe that most people will be using cryptos in the next decade, compared to 45% of the US respondents and 47% of the Russians. Indonesians are the strongest believers with 74%, way above the average of 69%. Japan is third (66%), while the Brits are the skeptics of the bunch (44%).

Also read: Mining Operations Offered to India After Mixed Signals from Beijing

Coins Preferred to Stocks for Investment

Acquiring cryptocurrencies is more attractive to Indians than investing in stocks or bonds. 16% of the participants in the study said they would buy cryptos if they had $1,000 to spend. Saving in a bank account, however, is still considered a major option almost a quarter of those asked (24%) admitted they would entrust their cash to the traditional financial system.

The survey was conducted by Pundi X, a cryptocurrency point-of-sale solution provider, together with NEM.io Foundation and Stellar.org through Opeepl mobile live sampling technology. The Indonesian company has been preparing to enter the Indian market with a network of POS terminals. The stubbornness of the government in Delhi, refusing to recognize cryptos as legal tender, ma...

09:29

Bitcoin Will Be Back Up, Market Sell-Off an Overreaction: BitPay Executive News CCN

The post Bitcoin Will Be Back Up, Market Sell-Off an Overreaction: BitPay Executive appeared first on CCN

According to BitPay chief commercial officer, Sonny Singh, whenever Bitcoins price surges high or drops low, the situation is blown out of proportion. You know every time theres good news or bad news, the market tends to overreact. And now we are seeing an overreaction of the downward side, Singh said in an interview with Continued

The post Bitcoin Will Be Back Up, Market Sell-Off an Overreaction: BitPay Executive appeared first on CCN

09:21

With 80% of bitcoin mined..fears rise it will become another fiat currency "IndyWatch Feed Economics"

https://www.rt.com/business/415957-bitcoin-cryptocurrencies-mining-fiat-centralized/

As bitcoin gets closer to its 21-million-unit limit, enthusiasts say buying the cryptocurrency will gradually become much harder, making it more valuable. Others say it will stop being decentralized.

Over 16,800,000 BTC have been mined as of January 13. It is impossible to predict when all the 21 million will have been mined. Some are saying that it can be done in five years, others argue that will not happen in the next 100 years, as mining will become more difficult.

Originally, 50 bitcoins were earned as a reward for mining a block. It then dropped to 25 bitcoins, and then to 12.5 bitcoins. In 2020, it will fall to 6.25 bitcoins, making mining unprofitable.

Once all 21 million bitcoins have been mined, supply cannot grow regardless of growing demand. Some people will lose access to their electronic wallets, making supply even smaller. By contrast, cryptocurr...

09:11

Institutional Investors Will Bet Big on Cryptocurrencies in 2018 Cointelegraph.com News

The cryptocurrency market is currently dominated by individual investors, but institutional investors are watching. Where they see profit opportunities, they are sure to pounce. #OP-ED

09:06

Using Blockchain Technology to Control the Internal Business Environment. NewsBTC

Mastering some of the forces that affect your business can be pivotal to your companys overall performance. The extent to which you as an entrepreneur can control them differs both internally and externally. Lets consider the internal business environment which impacts the success and approach to operations of your business from within. Call it the enemy within, but unlike external factors, you have control over these factors. It only makes sense for you to recognize the opportunities that can improve your day-to-day operations while eliminating threats. One such avenue could be the newly developed blockchain technology, which is used to manage the strength of cryptocurrencies.

For instance, CoinMarketBrasil, with the ICO scheduled for 2nd February 2018 is a database security company that operates in the field of crypto-active and information security, providing payments and receipt systems for cryptocoins and tokens while supporting the implementation of security and business competitiveness based on blockchain technologies. CoinMarketBrasil will provide smart solutions to business looking to go smart. Using blockchain technology, the company will offer a decentralized system for business project operations, which can be deployed within existing ERP systems while adding database security and implementing managed blockchain services.

CoinMarketBrasil is working on promoting a crypto-active market in Brazil by creating solutions that could eliminate problems related to payments, receipts of accounts, poorly programmed ERP systems, communications failureboth within organizations and external customers and other security failures. In order to do so, the platform provides elaborate plans for scheduling business activities, including financial data handling to modernize the existing processes and making it ready to tackle the upcoming era of modern quantum computing, which otherwise could pose a risk to current systems.

Not only will CoinMarketBrasil reduce the number of internal problems encountered by a number of companies, but also introduce these companies to the decentralized way of doing business. By decentralizing the system, CoinMarketBrasil will ensure that no undue charges, money laundering schemes, diversions, and legal irregularities come up throughout the project created with the support of the technology offered. The company will have a portal for payments and receipts of account and contracts, where it will be mandatory to define the stakeholders and personnel responsible for such documents, in some cases, someone will be required to approve once they have been notified. This will be enforced within the CoinMarketBrasil ecosystem using smart contracts defined during the early stages of the company.

With its ICO set to begin on the 2nd of February 2017, CoinMarketBrasil will be placing their tokens on the market for future system users. The generated tokens can be used for ticket payments, us...

08:26

Bitcoin Price Roller Coaster Makes Ransomware Cybercriminals Queasy News CCN

The post Bitcoin Price Roller Coaster Makes Ransomware Cybercriminals Queasy appeared first on CCN

Bitcoin has done what regulators havent been able to accomplish getting cybercriminals to lay off of cryptocurrencies as the ransom payment du jour in malware attacks. Bitcoins price swings over the past few days from below $10,000 24 hours ago to more than $11,500 today have stoked emotions ranging from fear of a Continued

The post Bitcoin Price Roller Coaster Makes Ransomware Cybercriminals Queasy appeared first on CCN

07:45

Virginia Beach Government Backs Bitcoin Mine With $500K Grant CoinDesk

The U.S. city of Virginia Beach has granted $500,000 to help establish a new bitcoin mine in the area.

07:20

What Blockchain Has to Do With Indian Ban on PwC Cointelegraph.com News

Why PricewaterhouseCoopers is barred from auditing listed companies in India. How Blockchain technology can reduce frauds as well as need for auditing resources. #EXPERT BLOG

07:12

Bitcoin Cash Added to Keepkey Wallet, Exchanges in India and Hong Kong Bitcoin News

Bitcoin Cash Added to Keepkey Wallet, Exchanges in India and Hong Kong

Bitcoin cash (BCH) adoption by cryptocurrency companies is continuing, offering new options for users. It has now been added by a hardware wallet to its software client as well as by two more exchanges in Asia for trading. Furthermore, over 4,500 merchants in India may soon be able to accept payments in BCH.  

Also Read: GDAX Will Open the Bitcoin Cash/BTC Order Book on Wednesday

Bitcoin Cash on Keepkey

Bitcoin Cash Added to Keepkey Wallet, Exchanges in India and Hong KongKeepkey, the cryptocurrency hardware wallet manufacturer which was acquired by the Shapeshift exchange in August 2017, has announced that bitcoin cash (BCH) is now officially supported by its client. The developer explained that: Our recent beta client (4.5.11) for BCH was tested thoroughly and is now very mature.

All of the wallets users that were holding BTC at the time of the fork on August 1, 2017 and have not yet claimed their BCH, will see that bitcoin cash is listed at the bottom when they open their bitcoin account in the Keepkey software. They can also now add a bitcoin ca...

07:00

NYSE Parent Company Launches Cryptocurrency Data Feed CoinDesk

Intercontinental Exchange announced today that it was partnering with Blockstream to launch a cryptocurrency price data feed.

06:56

Soaring Bitcoin Price Leads $159 Billion Crypto Market Recovery News CCN

The post Soaring Bitcoin Price Leads $159 Billion Crypto Market Recovery appeared first on CCN

Well, somebody bought the dip. Just as critics were rushing to proclaim that the bitcoin bubble had burst, the markets staged a $159 billion recovery. The rally was headlined by the bitcoin price, which rebounded from its sub-$10,000 fling and is currently flirting with $12,000. Several other top-tier coins, meanwhile, returned single day increases in Continued

The post Soaring Bitcoin Price Leads $159 Billion Crypto Market Recovery appeared first on CCN

06:00

2:00PM Water Cooler 1/18/2018 "IndyWatch Feed Economics"

Today's Water Cooler: Huawei, 2018, Obama library, housing starts, Russian wheat, discount retail, Bitcoin price manipulation, trees, selfies

06:00

ESMA Seeks Public Input on Cryptocurrency Derivatives Policy CoinDesk

The European Securities and Markets Authority released a public call for input on cryptocurrency-based contracts-for-differences.

05:53

Tom Lee Says BTC Will Hit $25,000 in 2018, Advises Aggressive Buying At Market Low Cointelegraph.com News

Wall Street strategist Tom Lee sees BTC to reach $25,000 by 2018, suggests aggressive buying on lows. #NEWS

05:39

Portugal Consumer Watchdog Scolds Bank for Blocking Bitcoin-Related Transactions News CCN

The post Portugal Consumer Watchdog Scolds Bank for Blocking Bitcoin-Related Transactions appeared first on CCN

Shortly after revealing a proposal to tax bitcoin investors to make it fair on traditional investors who have to deal with the government taking one-third of their earnings, Portuguese consumer watchdog DECO has stressed that the countrys banks have no known legal basis to block bitcoin-related transactions. As CCN recently reported, the Portuguese branch of Continued

The post Portugal Consumer Watchdog Scolds Bank for Blocking Bitcoin-Related Transactions appeared first on CCN

05:30

PR: 3D Token ICO Attains Soft Cap and Launches Network Hubs Affiliation Program Bitcoin News

3D - Token ICO Attains Soft Cap and Launches Network Hubs Affiliation Program

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

Lead:
3D-Token Attains ICO Soft Cap Earlier Than Targeted Date and Is Now Launching the Development of its Robots Network Through The Affiliation Of New Hubs

Text:
3D-Token is running on the back of an already existing business (Politronica srl) and a highly-experienced award-winning team. Politronica is a spin-off company of the Italian University Politenico di Torino.

The 3D-Token sale was launched on the 18th of December, 2017 and is to run through to the 11th of February, 2018 but already, remarkable strides are being recorded. The ICO soft cap was reached on the 28th of December, just 10 days into the campaign with over 1 million dollars realized.

In order to sustain the fast development of its business, Politronica is starting from now to offer a free of charge lease of 3 Qubit3D machines (a FDM 3D-Printing Robot developed with proprietary technology) per affiliated Hub, and proposes to the affiliate to work for its Network and to take part of the just-in-time manufacturing revolution. Politronica will provide the affiliate with the bioplastic material necessary for the manufacturing projects at its expense, granting the affiliate a fee of $ 2 for each printing hour executed (paid in Ether).
For more information about the Robots Network and how to join it, please contact : simone.paschetto@politronica.eu

Meanwhile, 3D-Token ICO is running with an interesting Bonus, if you wish to Join The Project, please click here www.3d-token.com

Contact Email Address
info@3d-token.com
Supporting Link
www.3d-token.com

This is a paid press re...

05:20

South Korean Regulator: In Reality Impossible to Close Cryptocurrency Exchanges Bitcoin News

South Korean Regulator: It Is Impossible in Reality to Close Cryptocurrency Exchanges

The South Korean Fair Trade Commission (KFTC) does not have the authority to close cryptocurrency exchanges. It is impossible in reality, said the KFTC chairman. The agency is currently investigating 13 major exchanges operating in the country for alleged violations of the e-commerce law.

Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto Regulations

No Authority to Close Exchanges

South Korean Regulator: It Is Impossible in Reality to Close Cryptocurrency ExchangesThe KFTC is currently investigating 13 major cryptocurrency exchanges for alleged violations of the South Korean Electronic Commerce Law, including Bithumb, Coinone, and Korbit, according to local media.

However, KFTC Chairman Kim Sang-Joo said on Wednesday that the e-commerce law does not have the right to close virtual currency exchanges, adding that it is impossible in reality. In an interview on CBS radio, he elaborated:

...

05:06

Decentralizing the Sharing Economy With Blockchain Technology Bitcoin Magazine

Decentralizing the Sharing Economy With Blockchain Technology

San Franciscobased startup Origin is creating a set of protocols that allow developers and businesses to build decentralized marketplaces on the blockchain, with a focus on the sharing economy.

The Origin Protocol is a set of open-source blockchain protocols for buyers and sellers of services like car-sharing or home-sharing to transact on a decentralized, open web platform.

The protocols applications will store transactional data such as pricing and availability directly on the blockchain.

Leveraging the Ethereum blockchain and the Interplanetary File System (IPFS), the Origin platform will create and book services and goods in a decentralized way, without traditional intermediaries.

Recently, Origin launched its functional, completely decentralized prototype Origin Protocol Demo DApp, live on the Ethereum test network. It also announced that several companies have committed to developing further applications on the Origin platform.

Our vision for Origin is to create protocols that allow marketplaces to be governed by a set of rules instead of corporate rulers. We want to eliminate the rent-seeking middlemen, maximize personal liberty, reduce censorship and redistribute value to the early participants in the network, Origin co-founder Josh Fraser said in conversation with Bitcoin Magazine. Partners are building on Origin because they realize they can get to market sooner and we can share network effects by working together.

Tackling the Problems of the Centralized Marketplace

Uber and Airbnb, the hugely popular marketplaces for ride-sharing and home-sharing, are usually considered the leading pla...

04:40

Ledger-to-Ledger? Hardware Wallet Integrates with Decentralized Exchange CoinDesk

Decentralized exchange Radar Relay has partnered with Ledger to allow for hardware wallet-to-wallet direct transfers.

04:37

Blockstream Releases Lightning Charge, Launches Test E-Commerce Store Bitcoin Magazine

Blockstream Releases Lightning Charge, Launches Test E-Commerce Store

Following the release of the first Bitcoin Lightning Network white paper, published in February 2015, developers have been working on Lightning Network implementations to enhance the throughput and usability of the Bitcoin network. For an overview, see this three-part series on Understanding the Lightning Network.

In December 2017, lightning developers ACINQ, Blockstream and Lightning Labs, announced the 1.0 release of the Lightning protocol and the worlds first Lightning test payments on the Bitcoin mainnet across all three implementations. The standardization and deployment of the Lightning Networks second-level, off-chain payment layer is expected to result in instant bitcoin transactions, improved scalability and lower fees, enabling fast and cheap micropayments.

Blockstreams implementation of the Lightning spec, c-lightning, is a low-level technology designed to implement the Lightning spec without added complexity. At the same time, Blockstream realizes that developer tools are needed to unlock the power of Lightning for advanced applications, such as those that integrate with credit card companies and with existing online payment systems.

Blockstream is releasing the Lightning Charge complementary package...

04:31

First Bitcoin Futures Contract Settles at $10,900 and the Bears Won Round #1 News CCN

The post First Bitcoin Futures Contract Settles at $10,900 and the Bears Won Round #1 appeared first on CCN

Bears 1. Bulls 0. Thats the score following the settlement of CBOEs January bitcoin futures contracts, which closed on Wednesday at $10,900 following a steep correction in the spot markets. First Bitcoin Futures Contract Settles at $10,900 as Bears Win Round One CBOE had listed these contracts on Dec. 10, making them the first bitcoin Continued

The post First Bitcoin Futures Contract Settles at $10,900 and the Bears Won Round #1 appeared first on CCN

04:25

Crypto crash sparks investor appetite for gold "IndyWatch Feed World"

A major correction on the cryptocurrency market has revived investor interest in the world's oldest commodity. Gold has seen a breakneck-paced rally this month. Bullion dealer Sharps Pixley said physical gold sales increased fivefold on Wednesday, as people were willing to sell digital gold and buy the real thing. "Yesterday was a hell of a crazy day. Emails and phones did not stand still with customers asking how they could turn their crypto into gold," Director Daniel Marburger told Bloomberg.

04:19

"The Great Reset"; "Cascading Defaults" "IndyWatch Feed World"

"The Great Reset"
by Bob Moriarty

January 15, 2018: "The "Everything Bubble" is bursting. This is going to get ugly. I suspect it began with the top in Bitcon and the other 1300-1400 related pseudo currencies back in December. I did an interview in the first week of December where I said Bitcon was in a bubble. I believed it would do the same thing every other bubble in history did. It was going to crash and take all the money of most of the investors. The piece was posted on the 10th of December. When I did the interview, Bitcoin had been going virtually straight up for months and was about $16,858, a new high.

The interview allowed for comments. There were 136 in total. I just went through them to read what people were saying. 65% were convinced I am nothing but a senile old man long past his prime who doesn't understand that "This time it's different." That may well be true, Barbara reminds me half a dozen times a day I'm a senile old man. She may well have a point. But as I pointed out in "Nobody Knows Anything," "This time it's dif...

04:10

Tips to Invest in Cryptocurrency Exchange Altcoins

Cryptocurrency exchange is the latest trend in the online commodity market. The main objective of the cryptocurrency is to secure the transactions with an unbreakable code. Folks also love the idea that cryptocurrencies are decentralized currencies, allowing them to get through the free market.

If you are interested in cryptocurrency exchange, here are some tips that you can consider.

Investing in altcoins is easy

The good thing about cryptocurrency exchange is that it is just the same as investing in any other commodity. You can see the cryptocurrency as an investment or an asset. That means you can sell and exchange.

Buy the crypto directly click here to register on the most popular Altcoin Exchange

If you are looking to altcoins exchange besides Bitcoin, you can purchase these coins directly. There are a lot of options cryptocurrency exchange sites around the world. You will want to stick to the reputable sites to purchase the coins directly.

Use the opportunity for the low uses

We know that Bitcoin is the most popular crypto by far, followed by Ethereum. That makes the Ethereum exchange comes to a recommendation for investment. Lets know the fact that only 2% of Americans use crypto for any fiscal necessities. It is a great news. That means the cryptocurrency exchange can be the promising investment in the future.

Billion US Dollars market cap

When Bitcoin plus altcoins exchange is combined, the market cap is more than 60 billion US dollars in the US itself. Imagine how much it will be around the world. The real-time usage of the cryptocurrencies has also gone up. That means the altcoins exchange can be following the Bitcoin trail in the future. Who knows, Ethereum will overcome the Bitcoin price in the future?

The cycle of cryptocurrency market

We have mentioned that only a few people use altcoins exchange as the way to earn money. Some folks overlook this option because they dont see it as the golden opportunity. But when you carefully follow the growth of the market, the value will go higher from time to time. Not to mention that cryptocurrencies have gradually been prevalent in the businesses, governments, and society around the world.

Crypto to money Binance exchange

Crypto is real money. The sweet benefit of having cryptocurrencies is that you can exchange it for conventional money. You can also exchange it for the other crypto to leverage the values.

Make it as your range of investments

Many people make the cryptocurrencies as their portfolio. You can do it too. You will be able to conduct cryptocurrency exchange anytime you want and make money when you need it

04:02

Legitcoin [LEGIT] Altcoins

Legitcoin is a new altcoin which promises a free card for ATM cash withdrawal of Legitcoin or any cryptocurrency worldwide. During the ICO phase every new registered member is entitled to received free Legitcoins. 1 LEGIT is predicted to reach $70 by March 2018.

Roadmap and preditcions for Legitcoin:

  • Legitcoin Blockchain First Release
  • Lending
  • Bounties
  • Internal Trading
  • Bittrex and HiBtC External Trading
  • Client API, Wallet, Web Apps
  • Native Apps: Android & iOS

Legitcoin ICO token sale

The price of LEGIT changes day by day. It is better to join earlier to receive higher bonus and lower price for 1 LEGIT.

Price chart for Legitcoin

  • $0.50 until January 15, 2018
  • $0.85 January 22
  • $1.20 January 29
  • $1.55 February 5
  • $2.00 February 14 (Valentines!)

Market price is predicted to hit $70 in March 2018.

Legitcoin features:

  • Total token issue: 20,000,000
  • Start price: 1 DEC Token = $0.65
  • Amount to raise: $20M
  • Pre ICO start date: 9 January 2018
  • Pre ICO end date: 14 January 2018
  • ICO start date: 15 January 2018
  • ICO end date: 14 February 2018

No tokens will be issued after ICO. Undistributed/unsold tokens will be destroyed/eliminated after ICO.

Register today to receive free Legit tokens ($10 value): Legitcoin registration

03:51

Bitcoin Backing Firms Feel Crypto Crash Pinch Cointelegraph.com News

Vocal Bitcoin backers such as Overstock.com and Square Payment, as well as those hopping on the Blockchain bandwagon, are feeling the pinch from this latest crypto crash. #ANALYSIS

03:50

Is Bitcoin a Reaction to US Dollar Hegemony? "IndyWatch Feed Economics"

Is Bitcoin a Reaction to US Dollar Hegemony? by Federico Pieraccini  Strategic Culture Blockchain technology and the birth of the so-called cryptocurrencies finds deep roots in three contributing factors: the advance of technology: the manipulation of global economic and financial...

The post Is Bitcoin a Reaction to US Dollar Hegemony? appeared first on The Daily Coin.

03:50

Mad, Mad Markets "IndyWatch Feed Nthamerica"

In this episode of the Keiser Report Max and Stacy discuss mad markets, first mover advantage in the blockchain business and the big profits in central bank as hedge fund model. In the second half Max interviews Adella Toulon-Foerster about HODL tourism, bitcoin as a store of value or payments system and the future of []

03:27

NYSE Owner Will Launch Cryptocurrency Data Feed for Institutional Clients News CCN

The post NYSE Owner Will Launch Cryptocurrency Data Feed for Institutional Clients appeared first on CCN

The owner of the New York Stock Exchange (NYSE) has announced that it will launch a Cryptocurrency Data Feed to provide institutional clients with real-time market information from cryptocurrency exchanges located throughout the world. NYSE Owner to Launch Cryptocurrency Data Feed for Institutional Clients Intercontinental Exchange (ICE) best known as the operator of the Continued

The post NYSE Owner Will Launch Cryptocurrency Data Feed for Institutional Clients appeared first on CCN

03:20

TSMC Expects 'Strong' Crypto Mining Demand to Continue CoinDesk

Cryptocurrency mining demand provided a boost to TSMC's fourth-quarter revenue, according to new statements from the foundry giant.

03:16

Chinas Alibaba Says New P2P Platform Is Not Crypto-Related Cointelegraph.com News

Chinas Alibaba clarifies that its new P2P Nodes platform is not related to cryptocurrency mining. #NEWS

03:07

NYSE Parent Firm And Blockstream Create CoinMarketCap For Wall Street Cointelegraph.com News

Blockstream will now bring Bitcoin price data from major exchanges into Wall St. #NEWS

03:00

Bitcoin Hardware Wallet Maker Ledger Raises $75 Million from VC Investors Bitcoin News

Bitcoin Hardware Wallet Maker Ledger Raises $75 Million from VC Investors

Good news for everyone that has been trying to get their hands on a hardware wallet but found retailers to be completely out of stock in your area the situation has urged investors to step in and the shortage might be addressed soon. Bitcoin hardware wallet maker Ledger has secured an extra $75 million to expand its production capabilities, in one of the largest VC investments in the space to date.

Also Read: Austrian Bitcoin Miner May Seek an IPO on the London Stock Exchange in 2018

Ledger Raises Another $75M

Bitcoin Hardware Wallet Maker Ledger Raises $75 Million from VC InvestorsParis-based cryptocurrency hardware wallet manufacturer, Ledger, has announced today it raised $75 million (EUR 61 million) in a Series B funding round, led by venture c...

02:50

FBI Whistleblower on Pierre Omidyar and His Campaign to Neuter Wikileaks "IndyWatch Feed World"

Mid-November, 2017   The Daily Beast ran an exclusive report detailing how the Freedom of the Press Foundation (FPF) was set to break ties with WikiLeaks amidst concerns among the foundations board, which includes such well-known figures as Daniel Ellsberg, Edward Snowden, Laura Poitras, John Cusack and Glenn Greenwald, among others. The news was confirmed less than a month later when the nonprofits board officially voted to stop accepting U.S. donations for WikiLeaks, which had been blacklisted for years by Visa, MasterCard and PayPal after publishing leaked U.S. government documents provided by Chelsea Manning.

Even though the FPF had been founded to allow WikiLeaks to circumvent the banking blockade which, according to WikiLeaks, sapped nearly 95% of the transparency organizations funds the boards decision to end its founding mission was unanimous.

Last Monday, the FPF made it official, severing its ties with WikiLeaks, leaving it to rely on cryptocurrencies and other esoteric means of funding in order to get around the banking blockade. Journalist Trevor Timm, the FPFs director, told WikiLeaks editor-in-chief Julian Assange in an email that the foundations reason for ending the partnership was that the financial blockade by the major payment processors is no longer in effect, and as such, we will soon cease processing donations on behalf of WikiLeaks readers.

The financial censorship of WikiLeaks is ongoing in various ways, as is our litigation in response, Assange told Timm in response, adding that:

The FPF faces criticism for receiving donations on our behalf, but that is its function. If it bows to political pressure it becomes part of the problem it was designed to solve and yet another spurious free-speech organization of which there are plenty.

Assange had made the exchange public by publishing it on his personal Twitter, but it has since been deleted.

Indeed, the pressure against WikiLeaks has reached fever pitch, with Attorney General Jeff Sessions calling Assanges arrest a priority and CIA Director Mike Pompeo......

02:50

PR: Betex Blockchain P2P Binary Options Platform Raises $1 Mln in the First Round of Pre-Sale Bitcoin News

Betex Blockchain P2P Binary Options Platform

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

January, 14th, 2018, Hong Kong, Betex, the blockchain P2P binary options platform, has successfully sold 100% tokens in the first pre-sale round with $1,000,000 raised. The company is bringing transparency and fairness to the financial derivatives trading through the use of Ethereum smart contracts and letting the users bet against each other in a peer-to-peer way. The second pre-ICO round is now open for qualified investors until January, 31st.

Betex is the only platform where as much as 95% of funds are distributed among traders who succeed. As a platform provider, Betex cannot engage in betting, which makes the process unbiased and immutable. Betex only profits from collecting service commission of 5% (thereby, 2.5% are transferred to the holders of BETEX tokens).

The model of Betex is claiming to return credibility to the binary options market and has many key advantages compared to the traditional models. Thus, Betex users get instant access to all of its functions and features without having to make any kind of deposits first. Moreover, the payments are automatically released by smart contracts straight to the users ETH wallets, ensuring immediate withdrawals without delays or cancellations. Finally, users are forming one large common pool of liquidity for each underlying asset in order to maximize the overall gain. In order to clearly demonstrate the concept, Betex has already developed 2 MVPs. There are 3 trading pairs and 6 trading intervals available within the MVP framework.

With the aim to attract funding for active development and promotion of the project, Betex is holding an ICO campaign, carried out in 2 preliminary stages and 1 main token sale stage. The tokens will be issued in accordance with SAFT agreement after the...

02:30

Chip Giant TSMC Expects Strong Demand for Cryptocurrency Mining to Continue Bitcoin News

Chip Giant TSMC Expects Strong Demand for Cryptocurrency Mining to Continue

The worlds largest dedicated semiconductor foundry, TSMC, expects that the bitcoin mining industry will continue to grow this year, fueling an increased demand for its chips. Some analysts now see the cryptocurrency mining sector as offering the highest potential to cover for weak iPhone X sales for Apples primary chip supplier.

Also Read: Austrian Bitcoin Miner May Seek an IPO on the London Stock Exchange in 2018

Bitcoin X

Chip Giant TSMC Expects Strong Demand for Cryptocurrency Mining to ContinueTaiwan Semiconductor Manufacturing Company (TPE: 2330) today reported its Q4 2017 earnings, showing a 10.1% increase in revenue and a 10.4% increase in net income. In total, the Q4 revenue was $9.21 billion, which increased 10.7% from the...

02:30

Psst! Morgan Stanley is Helping Clients With Bitcoin Futures Contracts News CCN

The post Psst! Morgan Stanley is Helping Clients With Bitcoin Futures Contracts appeared first on CCN

Morgan Stanley, the worlds fourth-largest investment bank, has been quietly clearing bitcoin futures contracts for clients amid a wider remit to engage cryptocurrencies even further. Morgan Stanley has become the second major Wall Street mainstay to offer bitcoin futures contracts for clients, after Goldman Sachs began offering the service last month. Speaking to Bloomberg, Morgan Continued

The post Psst! Morgan Stanley is Helping Clients With Bitcoin Futures Contracts appeared first on CCN

02:27

Gaming Blockchain Platform Helps Investors Find Best Project to Invest in Cointelegraph.com News

The Game Machine Blockchain project gives investors access to the crowdfunding platform with analytics and interest rating from all participating gamers to help investors to choose only high-quality products. #SPONSORED

02:20

Ripple and Stellar Lead the Way as Crypto Market Shakes Off Rout CoinDesk

The cryptocurrency market is showing early signs of possible recovery, with Ripple and Stellar performing best among the top 10 currencies.

02:03

Is CryptoRuble Back? Launch Set For Mid-2019, Says Russian Blockchain Association Cointelegraph.com News

The launch of the CryptoRuble is delayed until the middle of 2019, says Russian Association of Cryptocurrency and Blockchain. #NEWS

01:45

Antpool Adds Support for Siacoin Mining Amid Bitmain Miner Launch CoinDesk

AntPool adds support for the siacoin token, as the mining pool's parent firm, Bitmain, launches a device that can mine it.

01:30

Cryptocurrency Market Recovers as Bitcoin, Ethereum, et al. Spike 20% News CCN

The post Cryptocurrency Market Recovers as Bitcoin, Ethereum, et al. Spike 20% appeared first on CCN

After experiencing a 2-day slump during which the price of most cryptocurrencies including bitcoin, Ethereum, Ripple, and Bitcoin Cash declined significantly, the cryptocurrency market has started to recover. Major Cryptocurrencies Surge in Value Cryptocurrencies in the top 20 rankings of the global cryptocurrency market have recorded large gains over the past few hours. Ripple in Continued

The post Cryptocurrency Market Recovers as Bitcoin, Ethereum, et al. Spike 20% appeared first on CCN

01:30

Gerald Celente & Jeff Rense Bitcoin Will for Gold, Liberate Metal (Video) "IndyWatch Feed Economics"

Gerald Celente & Jeff Rense Bitcoin Will for Gold, Liberate Metal Video Click here to sign up for The Daily Coin FREE newsletter covering precious metals, war, health and prepper suggestions! Video Source

The post Gerald Celente & Jeff Rense Bitcoin Will for Gold, Liberate Metal (Video) appeared first on The Daily Coin.

01:11

Bitcoin crash sparks investor appetite for gold "IndyWatch Feed World"

A major correction on the cryptocurrency market has revived investor interest in the worlds oldest commodity. Gold has seen a breakneck-paced rally this month.
Read more

 Global Look Press

 

Bullion dealer Sharps Pixley said physical gold sales increased fivefold on Wednesday, as people were willing to sell digital gold and buy the real thing.

Yesterday was a hell of a crazy day. Emails and phones did not stand still with customers asking how they could turn their crypto into gold, Director Daniel Marburger told Bloomberg.

Investors having 1,000 bitcoins and more are willing to dump them and buy physical metal, a gold trader told the media.

Bitcoin is a bit of a lobster pot its easy to get in, but hard to get out. Gold also offers investors 4,000 years of history as a store of value, and thats looking quite appealing right now, he said.

While bitcoin and the US dollar fell, gold rallied 7.5 percent in December to a four-month high.

Bitcoin has appreciated 2 percent on Thursday, trading at above $11,000 per token. On the previous trading session, it dropped to as low as $9,400, marking more than a 50 percent loss in just a month.

With China preparing to expand the crackdown on cryptocurrencies, many investors are worried it could mean the end of the digital money rally or even worse.

Investors are saying bitcoin has similar advantages to gold, as it is also decentralized unlike fiat currencies. However, while you can hold gold in your hands, cryptocurrencies are held either on servers or hard drives.

For more stories on economy & finance visit...

01:00

Bull Run or Just Bull? Take CoinDesk's State of Blockchain Sentiment Survey CoinDesk

Do you care about prices? Which innovations have you most excited? If you've strong opinions on the state of the industry, make your voice heard.

01:00

Dow Peaking? The Quick Guide to Diversifying Your Stock Profits "IndyWatch Feed Economics"

Dow Peaking? The Quick Guide to Diversifying Your Stock Profits by Jeff Clark GoldSilver TDC Note Originally published in November 2017. Click here to sign up for The Daily Coin FREE newsletter covering precious metals, war, health and prepper suggestions! #### Its been...

The post Dow Peaking? The Quick Guide to Diversifying Your Stock Profits appeared first on The Daily Coin.

01:00

PR: CanonChain A Universal Decentralized Community Empowering Users Bitcoin News

CanonChain - A Universal Decentralized Community Empowering Users

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

The current crypto community is somehow unfair to simple users, said CanonChain initiator Jin Hailong. The industry is dominated by big miners and developers. Simple users dont have any say to propose a change.

Jin Hailong, founder of WiFiSONG.com, a leading company in design of intelligent hardware including Wi-Fi router, iBeacon and other edge computing devices, wants to build a truly decentralized world where anybody can participate without knowing much about encryption, the blockchain technology and the processing of crypto mining. Thats how the project CanonChain is born.

A New Consensus Mechanism
In order to deal with the issues in such popular consensus mechanisms as PoW, POS and DPOS, the CanonChain adopts the innovative POP algorithm, or Proof of Participance.

All connected devices (phones, smart phone, smart watch, vehicle, gamepad, etc) are regarded as citizens of the CanonChain. They will be rewarded CanonChain token CZR based on their participationcontributing productivity or means of production. But different from current Internet of Things (IOT) devices, the devices that operate in CanonChain are distributed. Services acquired by a CanonChain device or application is provided by one or multiple devices on the chain and cannot be identified, thats called a foggy network.

Governance
Hardforks occur in the Bitcoin and Ethereum community when a proposal is updated or a security problem is to be fixed. In CanonChain, the governance power belongs to block producers elected through community consensus. They must represent the common interests of all accounts in CanonChain community, and community members can elect to replace block producers if they abuse power or refuse to vote on changes in compliance with community interests.

CZC defines Cano...

00:50

Digital Gold Flight To Physical Gold Coins and Bars "IndyWatch Feed Economics"

Digital Gold Flight To Physical Gold Coins and Bars by Jan Skoyles Gold Core Latest bitcoin, crypto crash causes gold coin and bar demand to surge Bitcoin down 40% from high, Ripple down 50% and Ethereum down...

The post Digital Gold Flight To Physical Gold Coins and Bars appeared first on The Daily Coin.

00:31

Ripple Price Surges 49% as Market Shakes Off Wednesday Woes News CCN

The post Ripple Price Surges 49% as Market Shakes Off Wednesday Woes appeared first on CCN

The ripple price surged by 49 percent on Thursday as the cryptocurrency markets made a $177 billion recovery from Wednesdays low-point. Ripple Price Makes 49 Percent Recovery Like all cryptocurrencies, this weeks market movements have dealt ripple a losing hand. After peaking near $4 earlier this month, the ripple price plunged as low as $0.88 Continued

The post Ripple Price Surges 49% as Market Shakes Off Wednesday Woes appeared first on CCN

00:29

First Bitcoin Futures Contract Expires At $10,900, Win for Bears Cointelegraph.com News

First Bitcoin futures contract, launched last month by CBOE, closes at $10,900. #NEWS

00:10

Social Network Yours.org Raises $1.5m to Introduce Cryptocurrency to the Masses Bitcoin News

Social Network Yours.org Raises $1.5m to Introduce Cryptocurrency to the Masses

Crypto-focused social network Yours.org, which enables contributors to earn bitcoin cash for creating content, is poised to ramp up its operations after securing $1.5 million. The Series A funding, courtesy of mining specialists Bitmain and Nchain, will aid the sites operators in their mission to educate the masses about cryptocurrency and use it in their daily lives.

Also read: Bitcoin Cash Tip Bot Tippr Distributes Thousands of Micropayments

Bitmain Directs a Fraction of Its Mining Profits Towards a Good Cause

Social Network Yours.org Raises $1.5m to Introduce Cryptocurrency to the MassesYours.org, the brainchild of prominent bitcoiner Ryan X Charles, has been one of the most successful sites to have adopted bitcoin cash since the decentralized currency was launched last summer. El...

00:00

Russian Tourists Lost 4 Million Baht in Bitcoin to Fake Interpol Officials NewsBTC

Over the years, we have seen multiple stories regarding people scamming Bitcoin holders. It is a very worrisome trend which only grows more popular, it seems. More specifically, a group of fake Interpol agents scammed Russian tourists out of their Bitcoin holdings. A total amount of 4 million Baht worth of BTC was taken from them. It is not the first nor the last time such incidents will occur. An official investigation is underway to hopefully retrieve the stolen money.

According to Thai Visa, the incident took place in Muang District. More specifically, a Russian couple found themselves face to face with two Russian men. At that time, the men identified themselves as Interpol agents. They immediately claimed the couple was involved in some irregular Bitcoin activity. No evidence of these claims was ever provided during the incident. That is not surprising, as it is clear these individuals were looking to scam the Bitcoin holders regardless.

Fake Interpol Agents Want Your Bitcoins

By taking the couple by force, the tone was set rather quickly. A third Russian man entered the room shortly afterward. His demand is simple: the password for the netbook computer. Additionally, he obtained the Bitcoin account password. It is unclear if this applies to an exchange or a desktop wallet. For now, the details regarding that particular aspect remain rather vague. Either way, the account held a total of 100,000 Euro worth of Bitcoin.

The couple was scared and eventually gave in. Facing a threat of being drugged and handed to the Thai police is not all that appealing. It took a total of five hours before the fake Interpol agents got what they wanted. Thankfully, no physical harm is done to the couple, although they are still pretty shaken up. After contacting the Thai police, we now have to await what the investigation turns up. Bitcoin transactions are rather easy to trace due to the transparent nature of its blockchain.

So far, it seems the fake Interpol agents have fled to Malaysia. This seems to confirm the Thai police knows all too well what is going on or who is behind this theft. Assuming that is the case, it should be easy to rectify the situation. Whether or not the Russian couple will get their money bac...

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23:50

Online gold sales showing cryptocurrency sellers likely rushing into precious metals as market severely corrects "IndyWatch Feed Economics"

Online gold sales showing cryptocurrency sellers likely rushing into precious metals as market severely corrects by Ken Schortgen, Jr. The Daily Economist One of the most discussed topics in the alternative financial realm is what might Bitcoin and other cryptocurrency...

The post Online gold sales showing cryptocurrency sellers likely rushing into precious metals as market severely corrects appeared first on The Daily Coin.

23:44

Green Light for Crypto: Market Gets Back on Its Feet Cointelegraph.com News

Bitcoin, along with most of the crypto market, took a massive plunge this week that had many ring the alarm bells on popped bubbles and Bitcoin crashes. However, there has been a market recovery.

23:30

Bitcoin Is Back Above $11,500, But Bulls Not Out of the Woods Yet CoinDesk

Despite a sharp recovery to over $11,500 today, bitcoin's price is still on shaky ground, the charts suggest.

23:30

South Korea: Govt Officials Accused of Crypto Insider Trading Cointelegraph.com News

The latest scandal in South Koreas cryptocurrency space: govt. officials are being accused of insider crypto trading. #NEWS

23:27

Impossible to Shut Down Cryptocurrency Exchanges, Govt. Lacks Authority: Koreas Fair Trade Chief News CCN

The post Impossible to Shut Down Cryptocurrency Exchanges, Govt. Lacks Authority: Koreas Fair Trade Chief appeared first on CCN

The chairman of Koreas Fair Trade Commission the economic competition regulator has blasted efforts to shutter cryptocurrency exchanges before calling on the government to regulate the industry instead. In a radio interview yesterday, FTC chairman Kim Sang-Joo plainly opined it is not realistically possible to shut down cryptocurrency exchanges, adding that the law Continued

The post Impossible to Shut Down Cryptocurrency Exchanges, Govt. Lacks Authority: Koreas Fair Trade Chief appeared first on CCN

23:13

St. Louis Fed Sees Future in Crypto As Important Asset Class, Bitcoin As Digital Gold Cointelegraph.com News

Researchers with the St. Louis Federal Reserve see cryptoassets as an important future asset class, comparing Bitcoins role to that of gold. #NEWS

22:43

Another FUD String to JP Morgan Bow: Governments Will Ban Bitcoin, Mike Bell Cointelegraph.com News

JP Morgans Global Market Strategist Mike Bell seems to have timed his tirade against cryptocurrencies perfectly stating that governments could ban them in the wake of confusion emanating from Korea. #REGULATIONS

22:40

Korean Regulator Investigating Staff Insider Trading of Cryptocurrencies CoinDesk

A Korean financial regulator has reportedly indicated it is investigating possible insider trading of cryptocurrencies by its own staff.

22:32

Bitcoin Price Watch; Heres Whats On This Morning NewsBTC

Its Thursday morning and its time to get moving on our twice daily bitcoin price analysis for the start of the European session. Things have been moving pretty fast throughout the session and, as many reading will almost certainly be aware, price is down pretty much across the board in the crypto space on the back of a couple of key fundamental developments. Well, the fundamental developments got things moving and this led to a whole host of collateral selling, primarily rooted in idea that people are unloading positions in anticipation of things falling further.

When we see this sort of action in the bitcoin price (and indeed in the wider cryptocurrency space), all that we can really do (from a long-term perspective) is to hold on to coins in anticipation of a return to the overarching upside momentum. Things could fall further but selling out at these levels is only going to compound the recent action and weaken the market.

From an intraday perspective, however, theres no directional bias. We can jump in long if things start to strengthen but we wont hesitate to get in short if things break to the downside.

So, with all this in place, lets get some levels that we can use for the session. As ever, take a quick look at the chart below to get an idea where things stand before we get started. Its a one-minute candlestick chart and its got our primary range overlaid in green.

As the chart shows, then, the range we are looking at for the session today comes in as defined by support to the downside at 11439 and resistance to the upside at 11637.

Well get into a long trade on a close above resistance, with a target of 11750. Conversely, a close below support will have us in short towards a downside target of 11325.

Lets see what happens.

Charts courtesy of Trading View

The post Bitcoin Price Watch; Heres Whats On This Morning appeared first on NewsBTC.

22:30

New US $65 Million Bitcoin Mining Facility is Among Largest Data Centers in North America Bitcoin News

New US $65 Million Bitcoin Mining Facility is Among Largest Data Centers in North America

Virginia Beach, Virginia isnt exactly known as a hotbed of bitcoin mining activity, but that appears to be changing, and soon. A local company has sunk 65 million USD into a giant facility, as the resort town attempts to become a hub for data centers.

Also read: Have Lunch with Bitcoin Jesus in Paradise

65 Million USD Mining Facility is Nearly Completed

It almost wasnt to be. Local firm Bcause, LLC was actually looking to plunk down their 65 million dollars elsewhere. And then its hometown, Virginia Beach, Virginia cut business property taxes for data centers at the end of last year, according to The Virginian-Pilot online newspaper. The citys Director of Economic Development, Warren Harris, told the paper, Were poised to be a hub for data centers. To reduce that tax has put us in a very, very competitive position.

If mining facility news seems to be saturating headlines of late, thats for good reason. Enthusiasts in the crypto world are used to instantaneous, frictionless, easy, quick. And for the most part thats what it is. However, in the physical world there are still a myriad of limitations when it comes to brick and mortar construction: permits, haggling with politicians over their cut, and so forth.

...

22:15

22:10

MoonLite Is Giving Investors A Chance To Get Started In Cryptocurrency Mining NewsBTC

With the overall market capitalization of cryptocurrencies gradually trending towards $1 trillion, increasing from just under $20 billion at the start of 2017 to over $700 billion at the beginning of the current year, its simply a good time to invest in the revolutionary technology called blockchain. Last year alone, bitcoin, the pioneer cryptocurrency, which introduced the blockchain technology too, rose from the $1000 region at the beginning of the year to over $19,000 at a point during the year.

Over the past month, or so, cryptocurrencies including ethereum, litecoin and ripple have enjoyed impressive rallies too. With governments and financial institutions around the world exploring the possibilities of issuing some form of cryptocurrency to benefit from the improved efficiency that blockchain powered money brings to the digital world, its safe to say that cryptocurrencies are here for the long haul and theyre likely to change the way we use money. The case for investing in blockchain and cryptocurrencies has never been stronger. The problem, however, is that the cryptocurrency market is plagued with instability and many useless coins, making it difficult for long-term investors to find a good entry points. Moreover, at present, partly because its still early days, its currently difficult to determine what a fair value is for cryptocurrencies. So this leaves the question of how to, genuinely, benefit from the blockchain and cryptocurrency revolution over the long term.

One effective way is to invest in cryptocurrency mining, the process that generates new cryptocurrencies. Many of the major cryptocurrencies including bitcoin, ethereum and litecoin depend on mining to function.

What miners do and why theyre important

Mining cryptocurrencies simply has to do with the process of verifying cryptocurrency transactions and adding them to the public ledger. Recall that crypto transactions are peer-to-peer, which means there are no intermediaries. In order to maintain the integrity of the system and avoid double spending, which had been one of the things that the traditional banks do, miners serve as witnesses to transactions. To verify transactions, miners use a computer or group of computers to solve a mathematical puzzle, called cryptographic function and they are rewarded with freshly generated cryptocurrency the part thats actually the mining. Miners can either sell the cryptocurrency rewards for fiat money on exchanges or keep them as an investment to bet on an increase in the value of the cryptocurrency. Just to point it out, its the process of mining described here that leads to an increase in the number of crypto...

22:00

ConfirmTX Transaction Accelerator Isnt Processing Requests Despite Receiving Payments NewsBTC

Transaction accelerators have become a lot more popular as of late. This is mainly due to Bitcoins network issues as of late. People dont like to pay high fees or wait for network confirmations. Unfortunately, there arent too many free acceleration services out there for Bitcoin users. ConfirmTX is one of those services, but they charge a hefty fee to get transactions through. It seems that paying for this service will not necessarily result in any success whatsoever.

It is always troublesome when a Bitcoin transaction accelerator charges a fee for their service. While it is commendable to see the service help Bitcoin users out, they are not exactly the most reliable either. Their fee is $5 for a major transaction, which is still acceptable. However, if people dont see their transaction sped up whatsoever, there is no reason to pay for it. After all, a $5 fee is not all that much compared to what a regular transaction could cost.

ConfirmTX Users Voice Complaints

With ConfirmTX, it seems some people have run into issues lately. More specifically, there are complaints about no transactions being accelerated for days on end. Nor are people getting any response to their customer support tickets either, which is always bothersome. It is unclear how this situation will evolve in the coming days and weeks. For now, your mileage will vary when using this service, by the look of things.

It is evident the Bitcoin world needs more services like these. More specifically, users need a reliable way to accelerate transactions. It seems the mempool has finally cleared out a bit, but this may only be temporary. Bitcoin has had issues for quite some time now. Until that situation improves, high fees will remain a normal occurrence. It also means people will continue to rely on services such as ConfirmTX. We can only hope the team provides a more reliable service at that point, though.

It is unclear what the future will hold for Bitcoin and its transaction accelerators. More specifically, the Bitcoin network issues are far from over, despite this temporary reprieve. No one knows what next week will bring, though. ConfirmTX will have some explaining to do when it comes to their lack of customer service. There are other services out there which charge even higher fees, though. Rest assured there will be some more issue...

21:56

The Hodler Manifesto, Are you a True Crypto Coin Hodler Crypto Mining Blog

The Hodler Manifesto website is a cool and short explanation about What is HODL. There are just eight short rules that a true crypto coin HODLer will follow, though most of these are also good advice for pretty much anyone into crypto. So even if you are not a true crypto HODLer, you might still check it out who knows, maybe you are actually a HODLer, but didnt know it until now.

Rule 1: A True HODLer Does Not Sell Their Coin.
Rule 2: A True HODLer Buys the Dip.
Rule 3: A True HODLer Remains Steadfast In Spite of FUD.
Rule 4: A True HODLer Keeps Their Coins Off Exchanges and Online Wallets.
Rule 5: A True HODLer Buys Goods and Services With Their Coin.
Rule 6: A True HODLer Spreads the Good Word.
Rule 7: A True HODLer Does Not Get FOMO When Another Coin Rises.
Rule 8: A True HODLer Will Run Their Own Full Node.

Read more about the 8 rules that a true crypto HODLer should follow at the The Hodler Manifesto

21:52

Bitcoin Wallet Ledger Raises Mammoth $75 Million in Series B Funding News CCN

The post Bitcoin Wallet Ledger Raises Mammoth $75 Million in Series B Funding appeared first on CCN

French cryptocurrency hardware startup Ledger has announced a new $75 million Series B round of funding to ramp up operations and keep up with demand for products like its hardware bitcoin wallet. Paris-based cryptocurrency and blockchain security firm Ledger has raised 61 million ($75 million) from investors in a Series B round led by UK-based Continued

The post Bitcoin Wallet Ledger Raises Mammoth $75 Million in Series B Funding appeared first on CCN

21:45

Hardware Wallet Maker Ledger Nets $75 Million in Series B Funding CoinDesk

Ledger, the maker of hardware cryptocurrency wallets, has raised $75 million in Series B funding.

21:34

Debt Rattle January 18 2018 "IndyWatch Feed Economics"

Henry Matisse Bouquet of flowers for July 14 Oct 7 1919   Japan and Europe Start the Central Bank Reset (BBG) The Bubble That Could Break the World (Rickards) South Korea Considers Shutting Down Domestic Cryptocurrency Exchanges (R.) Trump Reveals Winners Of Controversial Fake News Awards (AFP) Trump Considers Big

The post Debt Rattle January 18 2018 appeared first on The Automatic Earth.

21:01

Cboe Bitcoin Contracts Slide 36 Percent as January Futures Expire Bitcoin News

Cboe Bitcoin Contracts Slide 36 Percent as January Futures Expire

Chicago Board Option Exchange (Cboe) historic bitcoin futures market has had its first month, and results are decidedly mixed depending on the analyst. Some see the experiment as a dud, while others champion the mainstreaming of cryptocurrency. So far, bears are trouncing bulls.  

Also read: Have Lunch with Bitcoin Jesus!

Cboe Futures Didnt Tame Bitcoin

That run-up though! Coming bitcoin futures in December of last year were supposed to bring about mainstreaming and liquidity galore in the ecosystem. Oh, what a difference a little over a month makes. 17 January 2018 is a marker which will help professional investors analyze the facts of the matter.

Its the official expiration of Cboe bitcoin futures contracts, and at present the verdict appears to be, well, mixed. The world as we know it did not end, as some Wall Street pros worried, despite two rather dramatic price flubs, including the current dip as of this writing. Volume was mostly flat, dominated by foreign trading....

21:00

Dept of Veterans Affairs Wants Industry to Propose Use Cases for Blockchain CoinDesk

The U.S. Department of Veterans Affairs will consider any blockchain use cases that can help solve its problems, its CTO said Tuesday.

20:52

Bitcoin Laundering Study: Where Do Criminals Turn to Mask Illicit Cryptoassets? Bitcoin Magazine

Bitcoin laundering study

A recent study (PDF) from the Foundation for Defense of Democracies Center on Sanctions and Illicit Finance and blockchain analytics company Elliptic explored the bitcoin laundering ecosystem. In the study, Elliptics forensic analysis of the Bitcoin blockchain and other publicly available data were used to track the flows of illicit funds from 2013 to 2016.

This study aimed to identify where individuals turn in order to cash out or transmit bitcoins (BTC) acquired from illicit entities and to discover typologies for criminals laundering bitcoins, the report says.

...

20:31

South Korea Considering Shutting Cryptocurrency Exchanges [Rinse, Repeat] News CCN

The post South Korea Considering Shutting Cryptocurrency Exchanges [Rinse, Repeat] appeared first on CCN

The head of Koreas primary financial regulator has said the government is considering shuttering all domestic cryptocurrency exchanges. Alternatively, the ban could only loom over exchanges breaking the law. The ongoing debacle of South Korean policymakers and officials delivering contrasting statements about the legality of domestic cryptocurrency trading just took another turn. Quoting the chief Continued

The post South Korea Considering Shutting Cryptocurrency Exchanges [Rinse, Repeat] appeared first on CCN

20:00

Enterprise Blockchain Is Ready to Go Live in 2018 CoinDesk

2018 will be the year enterprise blockchain goes live and businesses can move from experimenting to production, says Oracle's Mark Rakhmilevich.

19:30

South Korean Officials Caught Trading On Insider Knowledge of Crypto Regulations Bitcoin News

South Korean Officials Caught Trading On Insider Knowledge of Crypto Regulations

South Korean government officials have reportedly been caught insider trading. They sold all of their cryptocurrency holdings and profited just before the regulators announced crypto regulatory measures. The countrys Financial Supervisory Service is investigating the case.

Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading

A Case of Government Insider Trading

South Korean Officials Caught Trading On Insider Knowledge of Crypto RegulationsAt a meeting of the National Assemblys Committee on Thursday, January 18, the Financial Supervisory Service (FSS) confirmed that some employees invested in cryptocurrencies and sold them just before the government announced crypto regulatory measures, local media reported.

A right-wing party lawmaker said at the meeting, as reported by Joongang Ilbo:

There is intelligence that FSS staff sold all of the virtual currency that they invested in just prior to the announcement of the governments measures.

...

19:23

One Coin to Play Them All: A Startup to Make In-game Digital Currency Available on Multiple Platforms Cointelegraph.com News

How a Blockchain startup plans to monetize the global gaming industry. #SPONSORED

19:06

Carmaker Proton Suspends Auto Dealership for Accepting Bitcoin News CCN

The post Carmaker Proton Suspends Auto Dealership for Accepting Bitcoin appeared first on CCN

It wasnt Malaysian regulators that suspended the dealership branch but instead the auto manufacturer, Proton Holdings. A Selangor-based Proton dealership took it upon itself to begin accepting bitcoin as a form of payment. The problem is that automaker Proton never gave the dealership the green light, with the company saying it doesnt recognize cryptocurrencies as Continued

The post Carmaker Proton Suspends Auto Dealership for Accepting Bitcoin appeared first on CCN

19:06

Cryptocurrency Activities Will Be Legal and Tax Free in Belarus Starting in March Bitcoin News

Cryptocurrency Activities Will Be Legal and Tax Free in Belarus Starting in March

The decree signed by Belarusian president Alexander Lukashenko which legalizes cryptocurrencies, initial coin offerings, and smart contracts, will enter into force in March. Cryptocurrency activities are not restricted by the decree and will be tax exempt until 2023.

Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading

Cryptocurrencies Soon To Be Legal

Cryptocurrency Activities Will Be Legal and Tax Free in Belarus Starting in MarchAlexander Lukashenko.

The decree which legal...

19:02

Another Upcoming SiaCoin ASIC, the DragonMint B52 Blake2b Miner Crypto Mining Blog

Things around the SiaCoin (SC) ASIC miner market seem to be heating up lately as soon after the new BitMain Antminer A3 Blake (2b) ASIC miner was announced there is a fresh new announcement coming from another new ASIC manufacturer for a Blake2b ASIC Miner. The DragonMint B52 Blake2b ASIC miner was just announced by Halong Mining, a newcomer on the ASIC market that looks promising, but we are yet to see it start delivering any mining hardware.

The device they have announced is supposedly capable of 3.5 THS Blake2b mining hashrate at 1000W -/+8% with 135 ASIC chips, making it probably the most efficient ASIC for SiaCoin (SC) if they manage to deliver what they are promising of course. There are not many details, including price or release date for the device and it seems more of a move to judge the interest by launching a waitlist, but still interesting to see there are possible alternatives popping up. So you might want to keep an eye on the product and join the waitlist to get more details as soon as they become available.

Check the official product page for the Halong Mining DragonMint B52 Blake2b ASIC Miner

19:00

Ethereum Classic Price Technical Analysis ETC/USD Facing Key Resistance NewsBTC

Key Highlights

  • Ethereum classic price declined sharply before forming a short-term low at $22.05 against the US dollar.
  • There is a crucial bearish trend line forming with resistance at $34.00 on the hourly chart of the ETC/USD pair (Data feed via Kraken).
  • The pair is currently recovering, but it is facing a major resistance near the $32.00 area.

Ethereum classic price recovered recently after a major decline against the US Dollar and Bitcoin. ETC/USD is correcting higher, but it is finding offers around $32.00.

Ethereum Classic Price Upside Hurdles

There were continuous declines in ETC price as it moved below the $30.00 support against the US dollar. The price even broke the $25.00 support and traded toward the $22.00 level. A low was formed at $22.05 from where an upside correction was initiated. It has moved above the 23.6% Fib retracement level of the last decline from the $47.29 high to $22.05 low.

However, there are many resistances on the upside starting with $31.60. The 38.2% Fib retracement level of the last decline from the $47.29 high to $22.05 low is at $31.60 to prevent upsides. Moreover, there is a crucial bearish trend line forming with resistance at $34.00 on the hourly chart of the ETC/USD pair. Above the trend line resistance, the 100 hourly simple moving average is around $36.00. An intermediate resistance is the 50% Fib retracement level of the last decline from the $47.29 high to $22.05 low.

Ethereum Classic Price Technical Analysis ETC USD

Therefore, there are clear hurdles near $32.00 and $34.00. It wont be easy for buyers to break both levels and move above $35.00 in the near term. On the downside, an initial support is at $25.00, followed by the last swing low of $22.00.

Hourly MACD The MACD for ETC/USD is slowly moving back in the bearish zone.

Hourly RSI The RSI for ETC/USD is moving down towards the 50 level.

Major Support Level $25.00

Major Resistance Lev...

18:22

Can we predict a crypto crash? NewsBTC

Crypto markets are no stranger to volatility however this past week has been particularly painful. The total market capacity of all cryptocurrencies fell from $740 billion to $420 billion in just four days, a brutal drop of over 40%. At the time of writing markets appear to be showing signs of recovery and are on the way back up again with over a hundred billion dollars added back since yesterday.

Speculation on the cause of the crash is rife but it would be more pertinent to simply look at historical charts to see if there is a pattern. It turns out that this has occurred every January since 2014. In what appears to be a natural cycle in the markets the price of Bitcoin and its siblings has dropped significantly at this time of year for the past five years at least (source: Coinmarketcap.com).

This years market slump has been amplified by the fact that Bitcoin and cryptocurrencies are now household names, covered by mainstream media, which is adept at disseminating fear, uncertainty and doubt. Big names such as Reuters, CNBC and Bloomberg have repeatedly got things wrong about outright crypto bans in South Korea which simply havent happened (yet). FUD has fueled the fires and panic selling from largely inexperienced and new participants to cryptocurrencies has created a wave of fear over the entire market collapsing. As one famous investor once said; be fearful when others are greedy and be greedy when others are fearful.

Crypto is not going to die, markets are cyclical and need to correct on occasion, and January is as good a month as any. There are a number of possibilities for this; firstly we need to look towards Asia where a large proportion of digital currency trading occurs. Chinese Lunar New Year is typically a time when millions of people have time off work to travel back home to...

18:19

New Bill in Colorado Encourages State to Adopt Blockchain for Data Security CoinDesk

A new state bill introduced to the Colorado Senate is looking at using blockchain technology to secure private data from cyberattacks.

17:30

Report: South Korea Could Decide This Week on Crypto Exchange Regulation CoinDesk

South Korea will make a decision on Thursday over its stance on cryptocurrency exchange regulation, according to a report by Reuters.

17:30

Ripple Price Technical Analysis Can XRP/USD Break This? NewsBTC

Key Highlights

  • Ripple price made a major bottom near the $0.8399 low and recovered against the US dollar.
  • There was a break above yesterday highlighted crucial bearish trend line with resistance at $1.45 on the hourly chart of the XRP/USD pair (data source from Kraken).
  • The pair is currently facing a huge task near the $1.60 level and the 100 hourly simple moving average.

Ripple price is recovering nicely against the US Dollar and Bitcoin. XRP/USD is now above $1.40, but facing a major resistance near $1.60 and the 100 hourly SMA.

Ripple Price Resistance

Yesterday, we saw a major decline below $1.00 in Ripple price against the US Dollar. The price traded as low as $0.8399 from where it started an upside move. It moved above the 50% Fib retracement level of the last drop from the $1.9027 high to $0.8399 low. The current price action is positive since the price has moved above the $1.00 and $1.20 resistance levels.

More importantly, there was a break above yesterday highlighted crucial bearish trend line with resistance at $1.45 on the hourly chart of the XRP/USD pair. However, the pair is currently facing a major hurdle near the $1.50-1.60 levels. The 100 hourly simple moving average is positioned at $1.60 to act as a major barrier for buyers. Moreover, the 61.8% Fib retracement level of the last drop from the $1.9027 high to $0.8399 low is at $1.49. Therefore, it seems like there is a crucial resistance forming near $1.50-1.60.

Ripple Price Technical Analysis XRP USD

A break above stated $1.60 level is needed for buyers to gain control. On the downside, an initial support is at $1.30. However, the most important support is now at $1.20, which is a buy zone.

Looking at the technical indicators:

Hourly MACD The MACD for XRP/USD is now back in the bullish zone.

Hourly RSI (Relative Strength Index) The RSI for XRP/USD is currently well above the 50 level.

Major Support Level $1.20

...

17:03

eToro Cryptofund Review: Investing in Bitcoin, Ethereum, and More 99 Bitcoins

The post eToro Cryptofund Review: Investing in Bitcoin, Ethereum, and More appeared first on 99 Bitcoins.

Important: At the time of writing, eToro services arent available to US customers. eToro is a digital global trading market for currencies, cryptocurrencies, commodities, indexes, and stocks. Like most cryptocurrency trading platforms, its experiencing rapid growth and now boasts over 7 million users worldwide. In operation since 2008, eToro aims to offer fluid web-based and [...]

16:48

NEM SLOWS DOWN WITH POTENTIAL SUPPORT AT $0.53 NewsBTC

Most alt coins are correcting and even in the midst of all this bear pressure, NEM slow down reveals potential support at $0.53.

It might be temporary, who knows but similar traits can be seen in several other alt coins including IOTA, LTC and DASH.

Of course catching reversals at key supports can be dopamine triggering but I urge confirmation and patience.

Otherwise, if the dump continues, I see NEM testing $0.34 while LTC buyers might find refuge at $115 which is around the main support line and the origin of the recent rally.

Lets have a look at other alt coin charts

NEM SLOWS DOWN AND FINDS SUPPORT AT $0.53

NEM SLOWS DOWN AND FINDS SUPPORT AT $0.53XEMUSD 4HR Chart for January 18, 2018

The cool thing about Fibonacci retracement is that it is not choosy and applies to every tradable asset.

When we paste it on NEM daily time frame, we identify a couple of interesting formations. We shall not talk about bears because that is obvious but instead focus shall be on January 16 bearish engulfing candlestick and especially its lows.

Notice something? If not, then that level is square with the 78.6% Fibonacci level and despite lower lows, yesterdays candlestick couldnt test it.

It remains an harami and unless there is some drastic break below, today might end up slow with potential recovery towards $0.88.

BEAR TARGETS $0.17 IF LUMENS BREAK BELOW $0.30

...

16:46

Betting Tokens Ready for The World Cup NewsBTC

For the first time in history, a digital token (BETR) will be available during the World Cup, the biggest sporting event in the world, for true peer-to-peer betting with no central party, providing a robust escrow and settlement service.

BetterBetting, an innovative new secure peer-to-peer sports betting system, aims to reach  their $30m hard cap limit and close their BETR token sale to the public. The digital BetterBetting currency will be the industry standard for a transparent and provably fair sports betting system, and available for use during the World Cup in Russia, June 14th- July 15th and beyond.

There is no requirement for a regulated entity, since there is no central intermediary and there is no licensable entity (such as a bookmaker or exchange). The role of bookmaker is filled by a smart, automated system.  This doesnt mean bookmakers and exchanges cannot participate; they will simply be another entity on the system. And since no operator is necessary or utilized on the system, access to betting in jurisdictions where dealing with operators is illegal is not an issue.

No more credit cards, wire transfers and other outdated payment mechanisms. BETR (Betting tokens) will take their place and can always be sold and traded with coins such as bitcoin and ethereum.

BetterBetting and its BETR token afford sports fans access to large wholesale bets too. There is a massive market for betting where the amounts exceed those that individual operators are prepared to risk. This system will provide the liquidity to enable these bets to be placed as there are no system limits. Bets are pooled so many parties can match a single bet.

Punters have no risk of operators who have insufficient funds to lay their bets in this system all bets are pre-funded on both sides. And again, the system facilitates interactions between participants, not human operators. Punters know that they will be paid their winnings no questions asked!

After purchasing your BETR tokens here, placing your bets at the World Cup and seeing your bets pay off, you can rest assured your winnings will be distributed as soon the bet is resulted.

Sports enthusiasts can purchase their share of BETR only until January 31st, 2018 or until the hard cap of $30 million is reached.

BetterBetting to Sports Fans: Get Tokens Before They Sell Out

Once the hard cap is reached, a total of up to 650,000,000 BETR will have been released (with some locked in reserve). These tokens will immediately be usable as a value token by sports bettors for wagers in sportsbooks that cater to BETR clients, and in peer-to-peer bets.

The target date for the launch of the fully fledged, much-awaited, Better Betting Nodes compatible with BETR will be on March 31st, 2018 , but owners of the token will be able to use their BETR with select sportsbooks before the official launch date.

...

16:22

Blockchain Bloat: How Ethereum Clients Are Tackling Storage Issues CoinDesk

With long-term fixes like sharding a ways off, ethereum developers are making the software run more efficiently to ease growing storage requirements.

16:00

Ethereum Price Technical Analysis Can ETH/USD Recover Further? NewsBTC

Key Highlights

  • ETH price declined heavily and moved toward the $700 level before recovering against the US Dollar.
  • Yesterdays highlighted connecting bearish trend line was broken at $1020 on the hourly chart of ETH/USD (data feed via SimpleFX).
  • The pair may continue to move higher, but is likely to face sellers near the $1090 and $1135 levels.

Ethereum price started a recovery after a major decline against the US Dollar and Bitcoin. ETH/USD is currently facing a major resistance near $1100.

Ethereum Price Resistance

There was a sharp decline in ETH price below the $900 level against the US Dollar. The price traded below the $850 and $800 support levels. It traded toward the $750 level and formed a low at $755.82. Later, an upside correction was initiated and the price recovered above the $900 level. There was a break of the 38.2% Fib retracement level of the last drop from the $1374 high to $755 low.

It has opened the doors for more gains and the price moved above $1000. During the upside, yesterdays highlighted connecting bearish trend line was broken at $1020 on the hourly chart of ETH/USD. The pair gained pace and is currently trading near the 50% Fib retracement level of the last drop from the $1374 high to $755 low. A break above the $1050-1065 levels wont be easy. Should there be a break above $1065, the next major resistance levels are $1090 and $1135.

Ethereum Price Technical Analysis ETH USD

Both $1090 and $1135 are crucial barriers for buyers and a break above these would be very difficult. On the downside, an initial support is around the $1020 level. Below the stated $1020 level, the price could test the $900 level, which is a major support.

Hourly MACD The MACD is about to move back in the bullish zone.

Hourly RSI The RSI succeeded in moving above the 50 level, which is a positive sign.

Major Support Level $1020

Major Resistance Level $1135

 

Charts courtesy ...

16:00

Bitcoin and United States Dollar coinmill.com Currency Rates

0.00010 BTC = 1.13 USD
1.00 USD = 0.00009 BTC
Converter

15:00

The People Are Going To Be Shocked, 30%-50% Fall In Net Worth Dead Ahead (Video) "IndyWatch Feed Economics"

The People Are Going To Be Shocked, 30%-50% Fall In Net Worth Dead Ahead Video X22 Report Huge sell off in Bitcoin, are the central bankers making their move to make bitcoin look volatile, at the same time gold...

The post The People Are Going To Be Shocked, 30%-50% Fall In Net Worth Dead Ahead (Video) appeared first on The Daily Coin.

14:55

Austrian Bitcoin Miner May Seek an IPO on the London Stock Exchange in 2018 Bitcoin News

Austrian Bitcoin Miner May Seek an IPO on the London Stock Exchange in 2018

Are you an environmentally conscience stock investor looking to add some bitcoin exposure to your portfolio without fearing you might be melting the polar ice caps? A new green energy cryptocurrency mining venture may soon be available for you to invest in.

Also Read: Businessman Outright Buys Two Electric Power Stations to Do Bitcoin Mining in Russia

Bitcoin IPO

Austrian Bitcoin Miner May Seek an IPO on the London Stock Exchange in 2018Hydrominer GmbH, An Austrian cryptocurrency miner, is reportedly considering an initial public offering (IPO) on the London Stock Exchange AIM during 2018. This is meant not just to capitalize on the cu...

14:04

Poloniex Displaying Incorrect Customer Balances, Experiences Customer Service Woes Cointelegraph.com News

Poloniex has faced numerous customer service challenges over the past year; the most recent involve buggy order cancellation and incorrect displaying of user balances. #NEWS

13:44

GDAX Starts BCH Trading, Users Angry About Focus Cointelegraph.com News

GDAX has started trading Bitcoin Cash (BCH) this morning as of 9 AM PST with little fanfare, price jumps. #NEWS

13:19

Blockchain: secret weapon in the fight against climate change "IndyWatch Feed Economics"

Blockchain makes cutting carbon cheaper, faster and more transparent.

13:05

Visa CEO: Bitcoin is Not a Payment System Bitcoin News

Visa CEO: Bitcoin is Not a Payment System

Visa, the worlds largest credit card company, is widely regarded as being hostile to Bitcoin. It would seem intuitive that a traditional financial provider should look unkindly on anything that threatens its hegemony. Publicly, though, the company has had very little to say about Bitcoin, preferring to focus on matters within its own domain. In a CNBC interview on Wednesday, the corporations CEO broke his silence, opining predictably that Bitcoin is not a payments system.

Also read: Visa Veto Leaves Several European Cryptocurrency Cards Locked Out

Legacy Finance Meets Future Money

Visa CEO: Bitcoin is Not a Payment SystemAlfred Kelly

In an interview on Wednesday, recorded at New Yorks National Retail Federation conference the previous day, Kelly was pressed for his thoughts on Bitcoin. I dont view it as payment system player, said the CEO. We at Visa wont process transactions that are cryptocurrency-based. We will only process fiat currency-based transaction...

13:00

The Night Bitconnect Died (Video) "IndyWatch Feed Economics"

The Night Bitconnect Died Video Junius Maltby I recorded this the NIGHT BITCONNECT DIED. Oh how I relish this moment, celebrate this timeline, and applaud the destruction, crash, collapse and crisis that is the disastrous Ponzi scheme known as...

The post The Night Bitconnect Died (Video) appeared first on The Daily Coin.

11:30

Mark Cubans NBA Team Mavericks to Sell Tickets for Bitcoin Next Season Bitcoin News

Mark Cubans NBA Team Mavericks to Sell Tickets for Bitcoin Next Season

The NBA has hundreds of millions of fans all over the world, and at least some of them will soon be exposed to the mainstream use of cryptocurrency for payments for the first time. This is thanks to one famous team owner that now promises that bitcoin can be used to buy tickets starting the following season.

Also Read: Businessman Outright Buys Two Electric Power Stations to Do Bitcoin Mining in Russia

Bitcoin Steps Up to the NBA Court

Mark Cubans NBA Team Mavericks to Sell Tickets for Bitcoin Next SeasonFamous American entrepreneur, businessman and investor Mark Cuban has announced that bitcoin users can soon buy tickets to National Basketball Association (NBA) games directly from his team. Asked on social media when will it be possible to purchase tickets f...

11:10

The Heavy Hand of Government Regulation Looms Over Cryptocurrencies "IndyWatch Feed Economics"

The Heavy Hand of Government Regulation Looms Over Cryptocurrencies by Nathan McDonald Sprott Money News Over the past couple of days, Bitcoin and all other cryptocurrencies enjoyed a much-needed rally. Confidence was building once again and things were appearing...

The post The Heavy Hand of Government Regulation Looms Over Cryptocurrencies appeared first on The Daily Coin.

11:00

3 (Possible) Reasons the Crypto Markets Tanked This Week CoinDesk

What do you get when you mix regulatory threats, an immature market infrastructure and an influx of new investors? Lots of red on the trading screens.

09:37

Halong Mining and MyRig Announce Partnership Bitcoin Magazine

dragonmint.png

Halong Mining and MyRig are working together to bring the new DragonMint miner from Halong to market.

First announced in November 2017, the new Halong Mining DragonMint 16T miner is the result of 12 months of R&D and a $30 million investment in development. It has a hashrate of 16th/s with a power consumption of 14401480 watts optimized for 240v operation. The DM8575 ASIC runs at 85 GH per chip with a power efficiency of 0.075 J/GH. No special modifications are needed in a data center to use the DragonMint if it is already configured to support a typical Chinese-manufactured ASIC miner.

MyRig (formerly BitmainWarranty) has been providing hosting and retail sales of miners and accessories, PCB design and manufacturing, software engineering and factory approved warranty and repair services since 2013. The partnership with Halong means that MyRig will take care of retail-side distribution, support and warranty services for the DragonMint 16T.

Halong will be manufacturing the DragonMint and continue to sell direct, albeit with a five-unit minimum. Halong told Bitcoin Magazine that the five-unit minimum per order on their site will remain when ordering direct from Halong, but when ordering from MyRig, customers will be able to order single units. They indicated that lead time for shipping at the moment is April 1530, 2018, and they expect the first batch to go out in March 2018.

According to a MyRig representative, they will ship to any country that either UPS or DHL can deliver to, provided it is not on a sanctions list.

This article originally appeared on Bitcoin Magazine....

09:30

News In 2 Minutes Plague Spread Tomb In West Bank Cell Phone Expl Bitcoin Drop (Video) "IndyWatch Feed Economics"

Ebola Exposure - Mob Mentality - Survival - The Struggle For Life

News In 2 Minutes Plague Spread Tomb In West Bank Cell Phone Expl Bitcoin Drop Video Full Spectrum Survival Click here to sign up for The Daily Coin FREE newsletter covering precious metals, war, health and prepper suggestions! Video Source

The post News In 2 Minutes Plague Spread Tomb In West Bank Cell Phone Expl Bitcoin Drop (Video) appeared first on The Daily Coin.

09:30

Milestone: Cboe's First Bitcoin Futures Contract Expired Today CoinDesk

The first bitcoin futures contract listed by Cboe has expired, a move that came amid a turbulent day of trading that saw the cryptocurrency's price drop below $10,000.

09:21

Hyperledgers Behlendorf: 2018 Will Bring Breakthrough Blockchain Developments Bitcoin Magazine

hyperledger_behlendorf.png

Brian Behlendorf is confident that 2018 will be a peak year, not only for Hyperledger the international consortium of companies and organizations developing open source, permissioned blockchain technology but also for blockchain technology in general as businesses and governments recognize the potential power of distributed ledgers and smart contracts.

2018 will be the year that Hyperledger and blockchain come into their own. Projects demonstrating real world solutions, like Change Healthcare, that will enable healthcare systems to better and more efficiently process claims and payments, will launch this year.

Hyperledger, founded in 2015, incubates and promotes blockchain technologies for business, including distributed ledgers, client libraries, graphical interfaces and smart contract engines.

Their 200 members include leading companies in finance, banking, Internet of Things, supply chains, manufacturing and technology development.  

2017 was a milestone year for Hyperledger both for new members and for new technical breakthroughs. In 2017 we doubled our membership, gaining companies like American Express, Cisco, Daimler and Baidu, and were expecting more companies and organizations to join in 2018, said Behlendorf.

On the technical side, 30 companies and more than 100 developers contributed to the launch of the first production ready Hyperledger blockchain framework called Hyperledger Fabric, he added.

According to Behlendorf, an important part of Hyperledgers mandate is to also help educate and train the workforce for the many new blockchain opportunities coming in 2018.

Were happy to have launched our new Resource Center, and our online blockchain course is a great succe...

09:17

BitConnect Token Loses 90% Amid Exchange Closure Announcement News CCN

The post BitConnect Token Loses 90% Amid Exchange Closure Announcement appeared first on CCN

BitConnect, a once-promising crypto entity, has lost nearly 90 of its value, as its price has fallen to $26.00 in the wake of announcing the closure of its exchange and lending operation amidst legal problems with U.S regulators. The currencys market capitalization has fallen to $175,637,617, according to coinmarketcap.com. A total of $17.517 million worth Continued

The post BitConnect Token Loses 90% Amid Exchange Closure Announcement appeared first on CCN

08:30

Treasury Official: Department Working With IRS to Police Crypto Exchanges CoinDesk

U.S. Treasury Department Deputy Sigal Mandelker explained how the department would regulate cryptocurrency exchanges in testimony before the Senate.

08:28

Ethereum Network Congestion Forces Exchanges to Halt Withdrawals Bitcoin News

Ethereum Network Congestion Forces Exchanges to Halt Withdrawals

Scaling problems that have been sporadically affecting the Ethereum network have resurfaced. While bulls and bears were battling it out in the markets, the Ethereum blockchain was fighting to restore some semblance of normal service. The congestion forced a number of exchanges to halt withdrawals, with one going so far as to advise customers to use a different cryptocurrency.

Also read: Despite Regulations, One South Korean Crypto Exchange Rises to the Global Top

Ethereum Enters the Slow Lane

Ethereum Network Congestion Forces Exchanges to Halt WithdrawalsOver the last couple of months, the Ethereum network has reported record activity, peaking at over one million transactions a day. This growth has come at a price in the form of slow or backlogged transactions, causing fees to reach record highs and ICO participants to miss out on token sales after failing to push their ether through in time. On Wednesday January 17, two exchanges reported ethereum withdrawal issues that were affectin...

07:32

Portuguese Consumer Watchdog Wants Bitcoin Investors Taxed News CCN

The post Portuguese Consumer Watchdog Wants Bitcoin Investors Taxed appeared first on CCN

At a time in which the cryptocurrency ecosystem endures a significant correction as bitcoin dips below the $10,000 mark, Portuguese consumer protection association DECO wants the government to tax cryptocurrency investors. According to local publication Sbado, the organization sent the Ministry of Finance, and the European commissioner in charge of consumer defense a proposal to

The post Portuguese Consumer Watchdog Wants Bitcoin Investors Taxed appeared first on CCN

07:21

Market Talk- January 17, 2018 "IndyWatch Feed World"

 

Given yesterdays sudden reversal in US and the accompanying 20% decline in BITCOIN, Asian markets traded nervously as one would expect. Most core opened lower but that proved to be the days lows. The Hang Seng spent 95% of the day in negative territory but then in the final minutes managed a +0.25% positive close. The Shanghai index displayed a better performance intraday but also closed up +0.25%. The Nikkei could not get away from the negative sentiment even with better Machinery Orders data (+5.7%) and eventually closing -0.4%. Commodities markets but namely energy weighed on the Australian ASX forcing both a -0.55% decline in stocks but also a near +0.2% depreciation in the currency.

European markets struggled across the board. Briefly we saw a small positive print in the CAC intraday but if you had blinked you probably missed it. One common theme did emerge in that the final few minutes of cash trading, all markets declined under selling pressure. FTSE and CAC ended around -0.5% lower, whilst the DAX lost -0.65% on the day. Media and banks stocks were some of the largest decliners as many start to ponder next weeks ECB meeting in Frankfurt. Concerns surround that chances of the ECB withdrawing from their bond purchases, or at least cutting them once again by September, but looking at todays demand for Greek paper the fears look a long way off. Consumer inflation data dropped slightly (1.4% from 1.5%) has helped demand from fixed-income.

The US markets were strong already but the Beige Book highlighting almost every sector and region are pulling their weight. The concern rumoured is what the FED is hearing about inflation. There are market rumours we may see a hike this month if the stocks market continue at their current rate. Goldman was a disappointment at the open and we saw the stock down 3% at one stage. Tomorrow we will start to see some earnings report from the Technology which after Apples announcement of share offers for staff, many expect some very encouraging numbers. Apple also said they would be bringing overseas money ($245bn) back onshore ($38bn tax payment) together with adding additional jobs. Stock loved this announcement and added an additional 100 points to the already 20...

06:57

Online gold sales skyrocket 400% as cryptocurrency market sees huge sell-off "IndyWatch Feed World"

Amidst a huge sell-off on the cryptocurrency market, demand for gold coins is picking up. Sales jumped fivefold on Tuesday at one of Europe's largest online dealers. According to CoinInvest Director Daniel Marburger, the company sold almost 30kg of gold, worth $1.2 million in the spot market. It "was a hell of a crazy day," Marburger told Bloomberg, adding that "emails and phones did not stand still with customers asking how they could turn their crypto into gold." He said that one bitcoin currently buys about eight one-ounce Britannia gold coins. Physical gold bullion holds attraction for bitcoin investors because the assets have much in common, explained Marburger.

Online gold sales skyrocket 400% as cryptocurrency market sees huge sell-off "IndyWatch Feed World"

Amidst a huge sell-off on the cryptocurrency market, demand for gold coins is picking up. Sales jumped fivefold on Tuesday at one of Europe's largest online dealers. According to CoinInvest Director Daniel Marburger, the company sold almost 30kg of gold, worth $1.2 million in the spot market. It "was a hell of a crazy day," Marburger told Bloomberg, adding that "emails and phones did not stand still with customers asking how they could turn their crypto into gold." He said that one bitcoin currently buys about eight one-ounce Britannia gold coins. Physical gold bullion holds attraction for bitcoin investors because the assets have much in common, explained Marburger.

06:55

St. Louis Federal Reserve Reps in Favor of Cryptocurrencies Bitcoin News

Federal Reserve Reps of St. Louis in Favor of Cryptocurrencies

Aleksander Berentsen and Fabian Schr of the Federal Reserve Bank of St. Louis have recently published an article that emphasizes many of the benefits of cryptocurrencies. The article states that cryptoassets are well suited to become an important asset class, in addition to offering praise regarding a number of the major applications associated with cryptocurrencies.

Also Read: Classified Ads Site in South Africa Reports Increase in High-Ticket Bitcoin Listings

Reserve Bank Representatives Praise Bitcoin

Federal Reserve Reps of St. Louis in Favor of CryptocurrenciesThe piece opens by outlining many of the core motivations underpinning the development of bitcoin, stating that it was Satoshi Nakamotos intention to develop a cash-like payment system that permitted electronic transactions but that also included many of the advantageous characteristics of physical cash. The authors state that bitcoin was designed to comprise a monetary form that...

06:40

Cryptocurrency Adopters Turn to Bitcoin during Market Downturn News CCN

The post Cryptocurrency Adopters Turn to Bitcoin during Market Downturn appeared first on CCN

The dominance index of bitcoin, which calculates the dominance of the cryptocurrency over the global market, has increased over the past 48 hours amidst one of the worst corrections the market has experienced since June 2017. Is Bitcoin Reserve Currency of Crypto Market? Since 2016, upon the emergence of digital tokens and alternative cryptocurrencies, many Continued

The post Cryptocurrency Adopters Turn to Bitcoin during Market Downturn appeared first on CCN

06:40

Startup Wants to Bring Blockchain Remake For Webcam Sex Industry Cointelegraph.com News

Hoping to push the adult industry into the Blockchain future, this startup wants you to pay with cryptocurrency for their digital peep-show. #SPONSORED

06:40

11 Predictions for Crypto Currency in 2018 "IndyWatch Feed World"



Source: HackerNoon

As we reflect on the past year, we see a number possible trends that will affect the market in 2018.

Here are our predictions for the year to come:

1. A major exchange will be hacked

The exchange space is evolving rapidlywith many new entrants post-China shut down repainting the space. The emergence and quick dominance of Binance, the reboot of many former mainland platforms, as well as proliferation of exchanges in Japan and in Korea Appearance of many smaller/regional players with other raw tech will lead to more exchanges being compromised, and more used funds at risk. Some are building from scratch. Some are buying off the shelf. Strong security/tech/blockchain talent is impossible to find. Many will come under attack, and there a good chance one major exchange will fall due to lax operational standards and risk management infrastructure.

2. Coinbase's extreme influence will continue

In the US, there are really only three retail on-ramps into crypto. Coinbase, Gemini, and Kraken. Because the space has grown so quickly and the State-By-State MTL moat is so wide, it will take significant time for other players to emerge and get plugged into the US banking infrastructure. This has been exacerbated by the effective departure of Bitfinex from the US market. There's hope that Bittrex will get to fiat, but no other good solutions are in sight. What we see forming in the US is an organic natural monopoly, where a decentralized garden is supposed to flourish. Even the dream of decentralized exchanges presupposes that these "moneycenter" exchanged exist.

It's going to be an interesting year for exchanges.

3. Futures on other cryptocurrencies, more opt...

06:40

Cryptocurrencys Red Tuesday Firesale Leaves Everyone Speculating Bitcoin Magazine

cryptomarket_sell-off.png

The cryptocurrency sky fell yesterday as 49 of the top 50 coins (by Market Cap) were down with only Tether (USDT) posting a gain. In fact, only two coins, KuCoin Shares and VeChain, showed losses less than 10 percent and only 12 of the top 50 have lost less than 20 percent of their value.

The effects of the market-wide shock are clear, but explanations vary based on where you get your news. In an effort to make sense of the situation, here are the stories and rationales explaining the systemic drop.

South Korea

Korean leadership this week has been fragmented on the subject of cryptocurrencies, causing a public backlash in a country that has enthusiastically embraced the new asset class.

On January 16, 2018, Yonhap News reported that the Prime Minister Lee Nak-yon stated, What the justice ministry is going to do is not immediately shut down (exchanges) ... As this is a legislative issue, it is not possible to shut them down without going through the National Assembly.

This seemingly contradicts a radio interview given earlier in the day by Koreas finance minister, Kim Dong-yeon, who stated in a radio interview with TBS Radio, The government stance is that it needs to regulate cryptocurrency investment as it is a largely speculative investment The shutdown of virtual currency exchanges is still one of the options (that the government has).

...

06:09

Qtum Forges Ahead with Development of Its x86 Virtual Machine and Expanded Network Bitcoin Magazine

qtum_dev.jpg

Qtum is on the move with the announcement of a partnership with Baofeng to begin running 50,000 full Qtum nodes and an upcoming x86 VM to support multiple languages for smart contracts.

Qtum is a hybrid of Bitcoin and Ethereum that is based on proof-of-stake consensus instead of proof of work, and is compatible with existing Ethereum contracts as well as Bitcoin gateways. Supporting the Ethereum Virtual Machine (EVM) wasnt enough for Qtum co-founder Jordan Earls, who has been working on an x86 Virtual Machine for the Qtum system.

Earls comments that a great reason to build a x86 VM is to add more programming language support for smart contracts, his favorite being Rust. The overall list of objectives is much bigger though:

  • Programming Language Support
  • Standard Library
  • Optimized Gas Model
  • Unlock the full power of the Account Abstraction Layer (AAL)
  • New possibilities for smart contracts
  • First-Class Oracles
  • Blockchain Analysis
  • Alternative Data Storage
  • Explicit Dependency Trees
Bitcoin Magazine spoke with Earls with some more in depth questions about some of those items:


Bitcoin Magazine: What proof of concept or scalability testing have you done for the VM?

Jordan Earls: We have a very rough proof of concept we completed a few months ago where we integrated a prototype x86 VM into the Qtum network. This success is what led us to pursue this plan. We are confident that the x86 VM will be more scalable than the EVM, but we are thus far unsure how much. We are designing the VM and all of its APIs and other aspects to be scalable. We are making a big shift in the smart contract world where we actually reward smart-contract developers (in the form of cheaper gas costs) for limiting the features their smart contract has access to...

06:07

New US Bill Seeks To Fight Terrorist Use of Cryptocurrencies Cointelegraph.com News

US bill calls for a fintech task force to reward those with information about cryptocurrency-supported terrorism, offers grants to anti-terrorist detection research. #NEWS

06:00

2:00PM Water Cooler 1/17/2018 "IndyWatch Feed Economics"

Today's Water Cooler: Obama legacy, "the Resistance," #MeToo, industrial production, robot cars, bitcoin, Catherine MacKinnon, Taft-Hartley

06:00

Jordan Sather: Fake News Awards, Plane Diversions, Detroit Meteor, Another Dead Dr. "IndyWatch Feed Economics"

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06:00

Goldman's Jafari: Watch For Signs of Price Base Just Below $10K CoinDesk

A new analysis by Goldman Sachs technician Sheba Jafari released a new paper claiming bitcoin could recover just below $10,000.

05:52

Enterprise Ethereum Alliance Appoints First Executive Director Cointelegraph.com News

The largest open-source Blockchain initiative in the world appoints Ron Resnick as first executive director. #NEWS

05:50

Cryptocurrencies Are in Free Fall, but Is It All Bad? News CCN

The post Cryptocurrencies Are in Free Fall, but Is It All Bad? appeared first on CCN

Cryptocurrencies are in free fall, sparing only a handful of coins. But is it all bad? Or can some good come from this flash crash of January 2018? According to CoinMarketCap, at the time of writing, only five of the top 100 coins by market cap have avoided a plunge in value over the past

The post Cryptocurrencies Are in Free Fall, but Is It All Bad? appeared first on CCN

05:19

Proof-of-Work, Explained Cointelegraph.com News

Whats up with all these proof-of-something? #EXPLAINED

05:05

Crackdown on Bitcoin Hits Businesses in Bali Bitcoin News

Crackdown on Bitcoin Hits Businesses in Bali

Having issued a stark warning to all parties against any use of virtual currency, Bank Indonesia has now joined forces with local police to prevent bitcoin transactions where they are most likely to take place in Bali. The island, a popular holiday destination with tourists spending both fiat and crypto, has been targeted by authorities. Inspections of businesses accepting bitcoin are underway, according to Indonesian media and the crypto community in the country.

Also read: Luno Exchange Bank Account Frozen by Malaysian Tax Officials

Authorities on the Lookout for Illegal Transactions

Representatives of the Indonesian central bank and the national police force on the island have teamed up to investigate cases of cryptocurrency trading deemed illegal by authorities in Jakarta. They have already started collecting information about possible violations.

The crackdown in Bali comes after BI declared bitcoin an illegal form of payment in the country. Virtual currencies are prohibited in Indonesia, the financial institution stated. Rupiahs should be used for all payments and transactions that need money. The banning statement came with plans to swiftly implement the rules:

We are looking out for bitcoin transactions in Bali, particularly in tourist spots. We will take measures against non-rupiah transactions.

That announcement was made by the head of BIs l...

05:04

Study Finds That 22 Percent Of Bitcoin Investors Are Using Debt To Fund Their Investments "IndyWatch Feed World"

Study Finds That 22 Percent Of Bitcoin Investors Are Using Debt To Fund Their Investments | Bitcoin-Goggles-Public-Domain | Economy & Business Special Interests

Investing in cryptocurrencies such as Bitcoin, Ripple, Ethereum and Litecoin is extremely risky, and experts all over the country are warning that people should only invest what they are willing to lose.  Unfortunately, many are getting swept up in the current euphoria surrounding cryptocurrencies and are not listening to that very sound advice.  A disturbing new survey that was just released found that 22 percent of all Bitcoin investors are either directly or indirectly investing in Bitcoin with borrowed money

According to LendEDU, a personal loan research firm, more than 18 percent of Bitcoin investors have used borrowed money to trade the cryptocurrency. In a global survey of 672 active Bitcoin investors, researchers asked traders the method they used to fund their cryptocurrency trading accounts. The majority of investors used banking systems such as credit cards and ACH transfers to fund their accounts.

But 22 percent of traders revealed that they have not paid off their credit and debit cards after purchasing Bitcoin, effectively investing in the cryptocurrency with borrowed money.

Credit card debt is one of the most toxic forms of debt that you could ever carry, and investing in anything when you still have credit card balances is extremely unwise.

Yes, cryptocurrencies went on an epic run in 2017, but there is absolutely no guarantee that they will continue to rise in 2018.

In fact, there is a very real possibility that we could see a cryptocurrency crash, and there are many investors that are actually eagerly anticipating one

...

05:00

BitCOiN BitConnect Ponzi Collapse!!! (Video) "IndyWatch Feed Economics"

BitCOiN BitConnect Ponzi Collapse!!! Video Truth Never Told Video Source

The post BitCOiN BitConnect Ponzi Collapse!!! (Video) appeared first on The Daily Coin.

04:45

Israel Releases Draft Plan for Taxing ICOs CoinDesk

Israel's government has published draft circular outlining possible approaches to taxing the proceeds of initial coin offerings (ICOs).

04:34

Cryptocurrency Markets Show Signs of Life After $400 Billion Crash News CCN

The post Cryptocurrency Markets Show Signs of Life After $400 Billion Crash appeared first on CCN

Cryptocurrency prices are showing signs of life following their $400 billion crash but investors are not out of the woods yet. Cryptocurrency Markets Show Signs of Life After $400 Billion Crash The cryptocurrency market cap a metric which measures the value of all circulating cryptocurrencies fell as low as $415 billion on Wednesday,

The post Cryptocurrency Markets Show Signs of Life After $400 Billion Crash appeared first on CCN

04:17

Financial giants dominate blockchain patentsfor now "IndyWatch Feed World"

While the price of bitcoin screams up and down, today dropping below $10,000 for the first time since early December, another corner of the crypto world continues to make slow and steady progress: blockchain for banking. According to a study published by EnvisionIP, Wall Street firms loom large among companies that hold blockchain-related patents, with Bank

While the price of bitcoin screams up and down, today dropping below $10,000 for the first time since early December, another corner of the crypto world continues to make slow and steady progress: blockchain for banking. According to a study published by EnvisionIPWall Street firms loom large among companies that hold blockchain-related patents, with Bank of America in the lead at 43. Also near the top of the list: Fidelity, TD Bank, American Express, Nasdaq, and Goldman Sachs. Overall, the financial services industry owns 20% of blockchain patents.

Read Full Story

03:58

In The News Today "IndyWatch Feed Economics"

Bill Holters Commentary Its called back to basics Online Gold Coin Sales Jumped 400% as Bitcoin Plunged January 17, 2018 Bullion dealer Sharps Pixley, a subsidiary of Europes largest precious metal coin and bar outlet, regularly sees trades north of a million pounds, while sales of gold coins at Frankfurt-based CoinInvest jumped fivefold as the... Read more

The post In The News Today appeared first on Jim Sinclair's Mineset.

03:57

BitConnect Investors Left in the Lurch as Token's Price Drops 90% CoinDesk

Numerous users complained on social media they couldn't cash out their BCC tokens on BitConnect's site following the shutdown of its lending platform.

03:54

New Blockchain-based Platform Pays For Watching Videos and Provides Advanced Metrics For Filmmakers Cointelegraph.com News

The CinemaWell.com platform enables a symbiotic relationship for both film creators and their audiences. #SPONSORED

03:49

Brave Has Announced Another Giveaway of BAT Tokens to Users Crypto Mining Blog

Today Brave announced the launch of their new giveaway of $1M worth of BAT tokens giveaway to users of the Brave Browser in order for the to be able to support their favorite websites and video content creators on YouTube. Last month Brave was giving away 30 BAT tokens free to new users and now they are doing it once more, so if you have missed activating the Brave Payments option in the Brave browser you can do so now and claim your free BAT (Basic Attention Token) now. Last month Brave granted $50000 worth of BAT tokens to approximately 10000 users according to the company and all those tokens were claimed within 30 hours, so do not miss your chance now.

Each user that claims his free BAT tokens will receive approximately $5 USD in promotional BAT which must be used within 90 days, meaning that you need to send these tokens to websites or video creators that you wish to support. Publishers, websites, and YouTube channels that receive tokens from Brave users will open a new means of monetizing content amid declining ad revenues, increasing ad fraud, and arbitrary demonetization campaigns. Ultimately, publisher and user adoption should continue to drive greater utility for the BAT and that is the goal of these giveaways that Brave is doing lately, so dont miss your chance to be a part of that

How this works for users:

How this works for publishers:
If youre already a Brave-verified publisher, you can receive more BAT by announcing this promotion to your users and encouraging them to pin your site or channel in their Brave Payments panel. Users can also allocate a specific percentage to pinned sites. If youd like to start receiving contributions from your audience, but are new to the BAT p...

03:21

Critical Monsieur Bitcoin Appointed Head of French Crypto Regulatory Task Force Cointelegraph.com News

Frances cryptocurrency regulation task force has an unlikely leader in the form of Bitcoin skeptic Monsieur Bitcoin Jean-Pierre Landau. #NEWS

03:19

Fintech Bill: US Congress Plans to Combat Cryptocurrency Use in Terrorism Financing News CCN

The post Fintech Bill: US Congress Plans to Combat Cryptocurrency Use in Terrorism Financing appeared first on CCN

US policymakers have made targeting cryptocurrency-fueled terrorism and the illicit use of digital coins for any purpose a priority. Rep. Ted Budd (R-NC) of the House Financial Services Committee on Jan. 10 introduced the Financial Technology Innovation and Defense Act to Congress. A key feature of the bill is a fintech task force designed to

The post Fintech Bill: US Congress Plans to Combat Cryptocurrency Use in Terrorism Financing appeared first on CCN

03:03

What to Make of Leaked Telegram ICO White Paper Cointelegraph.com News

Take a look at the details of Telegrams leaked white paper for the TON ICO. #ANALYSIS

03:00

Despite Regulations, One South Korean Crypto Exchange Rises to the Global Top Bitcoin News

Despite Regulations, One South Korean Crypto Exchange Rises to the Top

Amid regulatory uncertainty, South Korean cryptocurrency exchange Upbit has grown rapidly, offering 121 cryptocurrencies and over 200 trading pairs. Backed by Kakao Corp, the platform is now the largest crypto exchange by volume globally.

Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading

Upbit Tops the Chart

South Korean cryptocurrency exchange Upbit provided its trading data to Coinmarketcap for the first time on Tuesday. The Kakao-backed exchange debuts as the worlds largest crypto exchange by volume.

Despite Regulations, One South Korean Crypto Exchange Rises to the TopUpbits 24-hour trading volume at the time of writing for all coins is $6.43 billion. Trailing behind in second place is Binance with $4.80 billion trading volume in the same time period, followed by Bithumb with $4.68 billion.

For bitcoin (BTC) specifically, Upbit has the third largest global 24-hour trading volume of $853,351. Bitfinex tops the BTC chart with $1.50 billio...

02:25

Venezuela Considers Selling Its Oil-Backed Cryptocurrency With a 60% Discount Bitcoin News

Venezuela Considers Selling Its Oil-Backed Cryptocurrency With a 60% Discount

The advisors of the Venezuelan government have recommended that the countrys oil-backed cryptocurrency, the petro, be sold in private placements at a discount of up to 60 percent. 38.4 million petros, with a face value of around $2.3 billion, could go on sale starting on February 15.

Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading

Private Placements of Discounted Petros

The newly-formed advisory group to the Venezuelan government, VIBE, has reportedly provided a recommendation on how to start selling the countrys oil-backed cryptocurrency, the petro. The group consists of crypto experts close to the government, Reuters described. According to a document it reviewed, the news outlet elaborated:

VIBE recommended Venezuela sell 38.4 million petros with a face value of around $2.3 billion in private placements starting on Feb. 15 at a discount of up to 60 percent Another 44 million petros with a face value of $2.7 billion should be offered to the public a month later.

...

02:21

Get Em While Theyre Cheap? Two-Day Crypto Market Slump Offers Steep Discounts Cointelegraph.com News

As speculators grapple with bubble theory, investors may have a unique chance to buy into Bitcoin cheap this week. #NEWS

02:17

Ripple Price Drops Below Dollar Parity to Punctuate 28% Skid News CCN

The post Ripple Price Drops Below Dollar Parity to Punctuate 28% Skid appeared first on CCN

The ripple price fell below dollar parity this morning, punctuating the third-largest cryptocurrencys 28 percent skid. Ripple Price Dips Below $1 Ripple entered 2018 on a hot streak of parabolic proportions. During a one-month period, the global average ripple price rocketed from just $0.25 to an all-time high of $3.84, creating XRP millionaires almost overnight and Continued

The post Ripple Price Drops Below Dollar Parity to Punctuate 28% Skid appeared first on CCN

02:00

The First Blockchain ETFs Launched on Nasdaq, NYSE Today CoinDesk

Reality Shares Advisors and Amplify Trust ETF launched the first blockchain-based exchange-traded funds on Nasdaq today.

01:32

Twitter Reacts to 'Black Tuesday' Cointelegraph.com News

The cryptocurrency market saw red on Tuesday amid FUD from Asia over regulatory uncertainty.

01:26

Bitcoin's Price Drops Below $10,000 for First Time Since Early December CoinDesk

The price of bitcoin has fallen below $10,000 for the first time since early December.

01:21

Japans Largest Bank MUFG Will Open Cryptocurrency Exchange: Local Reports News CCN

The post Japans Largest Bank MUFG Will Open Cryptocurrency Exchange: Local Reports appeared first on CCN

Mitsubishi UFJ Financial Group, the largest bank and financial institution in Japan by assets, is planning on launching a bitcoin and cryptocurrency exchange targeting institutional and retail investors. Launching Cryptocurrency Exchange Japans Mainichi Shimbun, one of the major newspapers in the country, and South Koreas national public news publication KBS, reported that MUFG is preparing Continued

The post Japans Largest Bank MUFG Will Open Cryptocurrency Exchange: Local Reports appeared first on CCN

01:00

Enterprise Ethereum Alliance Appoints First Executive Director CoinDesk

The Enterprise Ethereum Alliance has announced the appointment of its first executive director.

01:00

Crypto Bloodbath Leaves Coins Swimming in a Sea of Red Bitcoin News

Lingering Uncertainty Leaves Markets Swimming in a Sea of Red

Anyone glancing at their Blockfolio app on Tuesday morning would have been in for a rude awakening. With every single cryptocurrency drowning in a sea of red, newcomers could have been forgiven for feeling a little queasy. A drama-filled day, dominated by negative news from South Korea and China, saw bitcoin fleetingly kiss four figures on some exchanges before rebounding sharply. On Wednesday, BTC fell to $10k once again, joining altcoins that are mired in the red. 

Also read: Markets Update: The Top 68 Cryptos Dive During the January Slump

Bitcoin Hits Rock Bottom

2018 is scarcely older than a fortnight and already its shaping up to be more action-packed, exhilarating, and occasionally terrifying than the previous year. To date January has witnessed the rise of vaporware, billion dollar market caps gained and lost, and XRP rise up to threaten The Rippening before slinking back to its corner. At its lowest point on Tuesday, Ripple came close to the dollar mark, down 65% from its January high.

...

00:50

Worlds Fourth Largest Bank MUFG To Launch Own Cryptocurrency In 2018 Cointelegraph.com News

MUFG, the fourth largest bank in the world, has had plans to develop its own cryptocurrency as early as 2016. Now, as local sources report, the MUFG coin is set to finally launch in FY 2018. #NEWS

00:35

South Korean Petition Against Crypto Regulation Gets 200K Signatures, Government Must Respond Cointelegraph.com News

Over 200,000 South Koreans have signed the petition to save the happy dream of Bitcoin. The government is now expected to respond. #NEWS

00:30

12 Reasons Bitcoin Could Fall Below $1,000 & Why Gold Will Not! (Video) "IndyWatch Feed Economics"

12 Reasons Bitcoin Could Fall Below $1,000 & Why Gold Will Not! Video Salivate Metal Video Source

The post 12 Reasons Bitcoin Could Fall Below $1,000 & Why Gold Will Not! (Video) appeared first on The Daily Coin.

00:22

Bitcoin Price Plunges Below $10,000 as Correction Intensifies News CCN

The post Bitcoin Price Plunges Below $10,000 as Correction Intensifies appeared first on CCN

The bitcoin price plunged below $10,000 on Wednesday as this weeks comprehensive market correction intensified. Bitcoin Price Plunges Below $10,000 The cryptocurrency markets have been in a free-fall this week, and the downward spiral continued this morning. The cryptocurrency market cap dove below $500 billion, and the bitcoin price sunk as low as $9,663 on Continued

The post Bitcoin Price Plunges Below $10,000 as Correction Intensifies appeared first on CCN

00:00

As Bitcoin's Slide Continues, Prices Look Towards $8K CoinDesk

Bitcoin is still dropping and might soon test near-$8,000 levels, chart analysis indicates.

Wednesday, 17 January

23:30

CME SILVER CRIMINALS NOW GUTTING BITCOIN? (Video) "IndyWatch Feed Economics"

CME SILVER CRIMINALS NOW GUTTING BITCOIN? Video SGTreport On an epic #Bitcoin smash day, a NEW interview with @TFMetals is comin right up Are the same CME criminals who destroyed the silver price now working their alchemy on Bitcoin?...

The post CME SILVER CRIMINALS NOW GUTTING BITCOIN? (Video) appeared first on The Daily Coin.

23:00

Bob Dylan as Economic Prophet "IndyWatch Feed Economics"

By: Mark Spitznagel
dylan.PNG

We have a habit on our trading floor of playing Bob Dylan whenever the markets start selling off. We hardly ever play Dylan these days. Though I consider the Nobel Laureate something of a personal classical liberal icon, I dont remember exactly how this office tradition ever started. But the connection is appropriate, a nod to the enigmatic genius who wrote anthems for freedom, against power and coercion, and, most relevantly, on changeirrepressible, revolutionary, and sometimes catastrophic change.

Change is the defining feature of our modern age, from science to business to politics, both in its extraordinary speed and magnitude. But you would never know it when surveying todays financial market landscape. We are also living in the age of government-mandated financial repressionwhich has created a forced, false financial stability. These exist like two contradictory, parallel universes.

Thanks to almost a decade of unprecedented market interventions by global central banks (which have collectively acquired assets totaling over $20 trillion), everywhere you look there is repression of yields, repression of market volatility, and their side effects of exploding asset valuations (to heights not seen since shortly before past historic crashes), financial-engineered debt, leverage, stock-buybacks, cryptocurrency-insanity, short volatility and all manner of reckless yield-chasing investment schemes. This is an age of massive artificial economic imbalances and systemic risks.

Such powerful interventions hurt the weakest and benefit the strongest (the holders of assets) as they create unsustainable, destructive distortions that ultimately lead to catastrophe. This is a universal historical theme, perhaps nowhere better chronicled than by Bob Dylan starting back in the early 1960s. And underlying Dylans theme has been a prophetic message, one that speaks uncannily to todays incoherently changeless and riskless market climate: Change is irrepressible, whether we accept it or (especially) even if we do not; the times they are a-changin. It is fundamental to life; he not busy being born is busy dying. And it is often revolutionary, even appearing apocalyptic; a hard rains a-gonna fall. The examples could go on and on, as the message runs deep through his work.

This has similarly been a central message of the great free-market Austrian School economists, most notably Ludwig von Mises (another personal classical liberal icon), who in his 1949 magnum opus Human Action claimed:

Human action originates change. As far as there is human action...

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