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Friday, 22 December

03:00

Cheated Cryptocurrency Investors Are Taking Matters Into Their Own Hands Bitcoin News

Cheated Cryptocurrency Investors Are Taking Matters Into Their Own Hands

Blockchain transactions are irreversible: thats one of the strengths of digital currencies such as bitcoin. But when funds are stolen, it means theres no recourse for getting them back. Hacks and scams are endemic to the cryptocurrency space, and while experienced operators are adept at spotting the more obvious frauds, newcomers arent so astute. Some investors, cheated out of their digital assets, have taken it upon themselves to hunt down the culprits.

Also read: Investors Call Foul Play as Coinbase Parries Insider Trading Accusations

Who You Gonna Call?

Theft, in whatever form it takes, is a crime that falls under the jurisdiction of the police. In reality, reporting cyber crimes, especially those pertaining to cryptocurrency, is often a futile exercise. Low level officers typically have little to no knowledge of how cryptocurrencies work, while specialist cyber units have bigger fish to fry. Chasing down a handful of lost ether from a scammy ICO is the least of their concerns.

While some thefts, such as wallet hacks, are immediately apparent, others take longer to become manifest. This is particularly true in the case of fraudulent ICOs and scamcoins. Before the sicking reality kicks in, theres a period of unease, during which the investor fears the worst but is praying to be proven wrong. Scores of such scams have unfolded this year, including ...

03:00

Blockchain & Bitcoin Conference in Gibraltar: Experts to discuss industry present and future NEWSBTC

Blockchain & Bitcoin Conference Gibraltar will take place on February 8, 2018. It is a conference dedicated to cryptocurrencies, blockchain solutions, and ICOs.    

The conference will bring together about 300 participants: entrepreneurs, investors, developers as well as lawyers, financial experts, and marketing specialists engaged in the digital currency and blockchain sector. Presentations will be divided into several sections.

Organizer

The Gibraltar event is one of 20 conferences held by Smile-Expo across the globe in 2018. The previous year, the international company organized two conferences recognized as the CIS largest ones: Bitcoin & Blockchain Conference Moscow and Bitcoin & Blockchain Conference Kiev. In total, they brought together 3500 attendees. In 2017, 13 other conferences of this series took place in Russia, Europe, and Central Asia.

Gibraltar: Focus Areas 

Blockchain & Bitcoin Conference Gibraltar will involve 12 speakers from various countries. According to organizers, the list of speakers is constantly enhanced, and headliners globally renowned blockchain experts will be announced pretty soon. The following speakers have already confirmed their participation:

Kambiz Djafari, CEO, and co-founder of Edgecoin.io. His presentation What is a token economically is dedicated to the impact of tokenization on the society in 2016-2017 and possible changes in 2018. The expert will also delve into the classification of tokens and the use of ERC20 standard through the example of famous projects.

Mohammed Tayeb, co-founder of Medchain. The expert will focus on a single application area of blockchain healthcare. His presentation will explain how blockchain can improve medical services.

Bogdan Maslesa, founder of Universal Crypto. He will speak about the role of blockchain in the society of the future and explain why IT specialists should learn more about the technology today.

Juan David Mendieta Villegas, Head of Keyrock, will talk about the creation of a blockchain infrastructure: how did they manage to establish more than 150 cryptocurrency exchanges and 1200 tokens in just two years, and what to expect in the future.

Christopher Emms, CEO at TokenKey, will tell how to create a successful token sale: present your product to investors in the best possible way and conduct an ICO campaign without typical errors.

Other activities 

Besides speakers presentations, guests will be able to enjoy a range of other interesting activities. One of them is an exhibition of blockchain innovations. Its participants will show blockchain-based software and applications as well as cryptocurrency industry equipment.

All exhibitors will be engaged in the pitch session (a series of brief presentations), intr...

02:47

Trader Bets $1 Million that Bitcoin Price Will Reach $50,000 in 2018 News CCN

The post Trader Bets $1 Million that Bitcoin Price Will Reach $50,000 in 2018 appeared first on CCN

An unknown trader or group of traders has placed a million-dollar bet that the bitcoin price will reach $50,000 by the end of 2018. As first reported by The Wall Street Journal, trading data from LedgerX the first U.S. exchange to list bitcoin derivatives shows that an unidentified trader or group of traders Continued

The post Trader Bets $1 Million that Bitcoin Price Will Reach $50,000 in 2018 appeared first on CCN

02:20

Why Dont Investors Spend Their Cryptocurrency Cointelegraph.com News

Buy and hold strategy in crypto world moves to a seamless connection of the exchange to the real-world spending habits of cryptocurrency owners with a new generation of Mobile exchange & Digital currency wallets. #CT_sponsored #SPONSORED

02:07

Crypto Exchange EtherDelta Warns Users of Malicious Attacks Cointelegraph.com News

Yesterday evening, crypto exchange EtherDelta sent out a series of tweets warning users not to use their site, as it has been compromised by hackers.

01:46

With Forkgen, Anyone Can Now Create Their Own Bitcoin Fork (Even Us) Bitcoin Magazine

With Forkgen, Anyone Can Now Create Their Own Bitcoin Fork (Even Us)

Forkcoins," or Initial Fork Offerings alternative coins that split off from Bitcoin are all the rage right now.

The latest trend in the cryptocurrency world was kicked off last summer with the launch of Bitcoin Cash. The Bitcoin offshoot is a top 3 cryptocurrency by market cap according to websites like Coinmarketcap. Perhaps even more importantly, it is now offered by some of the worlds biggest Bitcoin exchanges and wallet providers, including Coinbase, Bitstamp and Blockchain. The second Bitcoin offshoot, Bitcoin Gold, also claimed a top 10 cryptocurrency spot seemingly out of nothing. Perhaps unsurprisingly, therefore, a series of new forkcoins has been announced over the past couple of weeks, ranging from Bitcoin Diamond to Lightning Bitcoin to United Bitcoin and many more.

Since this week, anyone can easily create their own forkcoin with the click of a few buttons. Forkgen lets users tweak Bitcoins parameters and other properties to fork into a unique Bitcoin offshoot by simply filling them in on a user-friendly website.

The service is created by a pseudonymous developer who simply goes by the name One, who is assisted by "Two," Forkgens "social media intern.

Two told Bitcoin Magazine that the service intends to democratize the creation of Bitcoin forks.

Even leading developers have shown it is too hard to create forks of the Bitcoin blockchain without making critical errors, Two said, referring to the recent ...

01:40

Bitcoin Price Drops Another 5% as Mid-Week Slump Continues News CCN

The post Bitcoin Price Drops Another 5% as Mid-Week Slump Continues appeared first on CCN

The bitcoin price declined another five percent on Thursday as it endured a midweek slump that reduced its market share far below the 50 percent threshold. Several altcoins, meanwhile, posted impressive single-day returns, enabling the cryptocurrency market cap to add roughly $20 billion and return to a record level. Bitcoin Price Declines by Five Percent Continued

The post Bitcoin Price Drops Another 5% as Mid-Week Slump Continues appeared first on CCN

01:39

Alleged Insider Trading of Bitcoin Cash on Coinbase Is Non-Crime, Says Ver Cointelegraph.com News

Bitcoin.com CEO Roger Ver tells CNBC that alleged insider trading of BCH on Coinbase - if it did take place - is actually not such a bad thing.

01:25

These Are The Five Cheapest US States for Bitcoin Mining Bitcoin News

These Are The Five Cheapest US States for Bitcoin Mining

For cryptocurrency miners seeking to set up a profitable operation, every kilowatt hour counts. As little as a cent per KWh can make all the difference between a mining farm being viable or infeasible. U.S. bitcoin miners have received a helping hand in choosing where to set up shop thanks to new research that reveals the cheapest states for mining. Top of the list, surprisingly, is Louisiana.

Also read: The Worlds First Bitcoin Lottery is Offering a 1,000 BTC Bounty

Great Rates in the Pelican State

Sandwiched between Mississippi and Texas, Louisiana is hardly synonymous with cryptocurrency, or indeed anything tech-related. Miners would do well to give the Pelican State a closer look though for its home to some of the cheapest energy rates in the entire country. Research performed by Crescent Electric has identified the five most favorable states for mining, and Louisiana is ahead of the pack.

The average cost of mining one bitcoin in the southeastern U.S. state has been estimated at $3,224, around $280 less than Arkansas, which makes fifth place on the list. In between, in reverse order, come Tennessee, Washington, and Idaho. These differences in price might seem slight, but over the course of a year, the potential profits can quickly stack up. To emphasize the mantra that location is everything, the report has also included the most expensive U.S....

01:06

DASH and Litecoin Analysis December 22, 2017 NEWSBTC

DASH/USD

DASH continues to look bullish, although we have had a choppy session during the day on Thursday. We are currently forming an ascending triangle, which measures for another $150 gain. Because of this, I anticipate that the next target is $1650. We clearly have a lot of bullish momentum, so selling is something that I have no interest in doing. I suspect there is a floor at the $1200 handle.

 

LTC/USD

Litecoin has been a bit limp over the last couple of sessions, as we currently grind away above the $300 level. I believe that this is a buy on the dips situation, but I suspect that you have plenty of time to put money into the market, as Litecoin is essentially a retail coin, meaning that most retail traders will be putting a lot of money into the marketplace during the holidays.

Thanks for watching, see you next time

...

01:00

How Regulators Become Blockchain Innovators CoinDesk

Don't believe the crypto hype? On a large enough scale, no institution is safe from dramatic change, argues Central Bank of Aruba's Ryan Peterson.

00:59

Ethereum Analysis December 22, 2017 NEWSBTC

ETH/USD

Ethereum fell slightly after rally during the day on Thursday, but at this point it looks as if Ethereum is continuing to power higher in general. There is an uptrend line underneath, so more than likely this pullback could be a buying opportunity. Adding slowly on the way up seems to be the best way to trade Ethereum, and the longer-term target of $1000 is still very much intact.

 

ETH/BTC

Ethereum markets have rallied again during the trading session on Thursday against Bitcoin, and as I record this, Bitcoin looks very vulnerable in general. Because of this, I suspect that every time we pull back in this market there will be buyers below. We have essentially flipped a major area by breaking above the 0.05 handle, and as long as we are above that level, its a buy on the dip type of mentality.

Thanks for watching, see you next time

...

00:56

Faunus is launching CraffNetwork NEWSBTC

Prague, Czech Republic: Faunus announces an exciting project that will focus on Crypto offers as the key element of the newest Affiliate Marketing paradigm CraffNetwork. It is a performance marketing affiliate network with a variety of advertisers from the world of Cryptocurrencies and Blockchain. The main distinctive feature of CraffNetwork is its narrow specialization in Crypto offers, which doesnt mean a limited number of them. It is intended to include Crypto offers from all spheres: Gambling, Trading, Mining, Exchange and many others.

After a huge success of Crypto Affiliate Conference 2017 which we hosted in Prague on October 30-31st, we saw that both Affiliate community and the Crypto industry people are really keen on joining efforts. The sheer volume of opportunities for both is truly immense and we have proven that. So, we decided to keep the momentum by launching a specialized Crypto Affiliate Network. Weve been already backed by the most influential partners from both communities and we think that it will be a good start for a long-term blockchain technology integration.

Pavel Bykov, Founder.

Faunus is trying a different approach with its CraffNetwork by tuning the platform for everyone individually. Its nothing like the old-school networks which only serve as a soulless mediator between the offer provider and the traffic source. CraffNetwork promises highly flexible pricing models such as CPA, CPL and Rev.Share, fully tailored for each of its partners with instant payouts in Fiat or Cryptocurrencies. But what absolutely takes this network to a whole new level is the full-cycle in-house production of multi-step funnels and creatives.

CraffNetwork will be open December 1st for public access with even more exclusive Crypto offers on board. If youre searching for an improvement over your outdated business models, you surely got to be waiting for it. CraffNetwork will be able to revitalize any business with a stream of fresh opportunities brought by the New Age digital and social technologies.

About Faunus

Faunus is an affiliate network based in Prague, Czech Republic. Founded in 2008 as an analytical company, Faunus had a long and winding road to becoming a part of the affiliate community in 2012. For the last 5 years, its main focus has been creation and promotion of Finance offers. With the new era of Crypto offers and after successfully hosting the first ever Crypto Affiliate Conference, Faunus is one of the leading affiliate networks on the market. To learn more visit faunusaff.com.

...

00:53

Bitcoin Analysis December 22, 2017 NEWSBTC

BTC/USD

After a major hack in South Korea, Bitcoin has taken a bit of a tumble, but more pressing is the holiday season coming up. I believe that most of the selling pressure that we are starting to see is due to retail traders cashing out the gains to buy Christmas presents. The $16,000 level below has been supportive, and that support extends down to the $15,500 level. However, if we break below $16,000 again, we would trigger a descending triangle that could measure a move all the way down to the $13,500 level. There is most certainly a downside bias in the market.

 

BTC/JPY

Bitcoin has also tumbled against the Japanese yen, with the clear support level near the 1.85 million level. A breakdown below there could send this market much lower, perhaps as low as 1.5 million over the longer term. That being said, a bounce from that same area could create a buying opportunity.

Thanks for watching, Ill be back next time

...

00:44

Ripple Price Surges by Nearly 40%, Surpasses $1 For First Time in History News CCN

The post Ripple Price Surges by Nearly 40%, Surpasses $1 For First Time in History appeared first on CCN

The Ripple price has surged by nearly 40 percent over the past 24 hours led by the US and South Korean cryptocurrency markets. For the first time in history, the price of Ripple has surpassed $1, an important milestone for the cryptocurrency and the global Ripple community. Factors Behind Ripples Price Surge Earlier this month, Continued

The post Ripple Price Surges by Nearly 40%, Surpasses $1 For First Time in History appeared first on CCN

00:05

ICO or IBO? Initial Bounty Offerings Are Officially on the Market News CCN

The post ICO or IBO? Initial Bounty Offerings Are Officially on the Market appeared first on CCN

A quick look at leading ICO listing sites reveal just how popular ICOs have become. Thousands are currently active or upcoming. In November, Pantera Capital limited partner Miko Matsumura reported that there are roughly 30 ICOs being launched per day. With this growth comes challenges to stand out and create noise. Telegram channels are becoming Continued

The post ICO or IBO? Initial Bounty Offerings Are Officially on the Market appeared first on CCN

00:00

Buyer Beware? Credit Creeps Into Crypto CoinDesk

An influx of get-rich-quick types could encourage the sort of behavior that bitcoin was designed to escape.

00:00

Wall Street Expert Says BTC Growth Is Bringing Investors To Stock Market Cointelegraph.com News

Bitcoins 1,950% growth this year is a catalyst for fiat investing as well, according to Stock market expert Laszlo Birinyi.

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Thursday, 21 December

23:55

Rule Change Could Allow Listing Bitcoin Futures as Exchange Traded Funds Bitcoin News

Rule Change Could Allow Listing Bitcoin Futures as Exchange Traded Funds

A potentially giant step toward approval for listing bitcoin futures as exchange traded funds (ETFs) was taken this week when the New York Stock Exchange (NYSE) Arca, owned by Intercontinental Exchange (ICE), filed a petition for a rule change regarding two potential ETFs. The document presumes much of the groundwork to be already completed, and could signal readiness to embrace even more mainstream acceptance for the worlds most popular cryptocurrency.  

Also read: United States Olympic Luge Team to Accept Bitcoin Donations

Rule Change Could Allow Listing Bitcoin Futures as Exchange Traded Funds

Bitcoin Futures Exchange Traded Funds

Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934, the SEC public notice began, and Rule 19b-4 thereunder, notice is hereby given that, on December 4, 2017, NYSE Arca, Inc. filed with the Securities and Exchange Commission the proposed rule change, also noting...

23:50

The Washington Post Says That Fedcoin Will Be Bigger Than Bitcoin "IndyWatch Feed Economics"

The Washington Post Says That Fedcoin Will Be Bigger Than Bitcoin by Michael Snyder The Economic Collapse Blog Fedcoin doesnt even exist yet, and yet the Washington Post is already hyping it as the primary cryptocurrency that we will...

The post The Washington Post Says That Fedcoin Will Be Bigger Than Bitcoin appeared first on The Daily Coin.

23:30

Jeff & Gerald Celente The Cyrpto Explosion And Blockchain Democracy (Video) "IndyWatch Feed Economics"

Jeff & Gerald Celente The Cyrpto Explosion And Blockchain Democracy Video Click here to sign up for The Daily Coin FREE newsletter covering precious metals, war, health and prepper suggestions! Video Source

The post Jeff & Gerald Celente The Cyrpto Explosion And Blockchain Democracy (Video) appeared first on The Daily Coin.

23:00

Two Weeks After Losing $60 Million in Bitcoin, Nicehash Is Back Bitcoin News

Two Weeks After Losing $60 Million of Bitcoin, Nicehash Are Back

In early December, mining pool Nicehash was forced to close after allegedly being hacked, losing almost 4,450 BTC in the process. At the time, those bitcoins were worth around $60 million and they have appreciated substantially since then. Miners who had their newly minted coins stolen feared they were gone for good. To their delight, its now emerged that Nicehash will soon be back in business, and theyll be reimbursing pool members in full.

Also read: Nicehash Mining Pool Allegedly Hacked Accused of Losing 4449 BTC (US$60M)

Nicehash Arises From the Dead

News of Nicehashs demise broke on December 6 after the mining pools website suddenly went down. This was followed by a Reddit announcement which explained: Our payment system was compromised, and the contents of the Nicehash Bitcoin wallet have been stolen. We are working to verify the precise number of BTC taken.

Many commentators thought that was the end of the matter, and that the incident would be chalked up as yet another bitcoin hack that would go uncompensated. In the last 24 hours, however, Nicehash have sprung back to life. In a message despatched to their miners, the firm wrote:

...

23:00

Philippine Central Bank may Decide to Regulate Bitcoin After all NEWSBTC

Bitcoin regulation has never been a popular topic whatsoever. Many people still see regulation as a negative development for the cryptocurrency ecosystem as a whole. At the same time, it also provides some legal recognition, which shouldnt be dismissed too easily either. The Philippine central bank is looking to introduce some official regulation for Bitcoin. It will be interesting to see what they can come up with in this regard.

Banko Sentral ng Pilipinas has kept close tabs on Bitcoins progress. More specifically, their plan has always been to introduce some form of regulation at some point. Until now, those efforts were never fully realized. That will come to change thanks to the help of local regulators. New standards will be created for digital assets and cryptocurrencies alike. It is a big step forward, although it remains to be seen if any negative repercussions will come of it.

Philippine Central Bank is Open-Minded

More specifically, the Deputy Governor of the central bank has been working with the SEC regarding ICO regulation. Moreover, there have been active talks with the US entity regarding licenses for service providers. Regulating Bitcoin seems to be the next logical step in this regard. For now, the focus is mainly on exchanges, which is only to be expected. It is also the only aspect of cryptocurrency anyone can regulate right now.

Moreover, it seems there wont be any negative repercussions for crypto-to-crypto exchanging anytime soon. Instead, the Philippine central bank aims to regulate virtual currencies being converted to fiat currency. That makes a lot of sense, as anything else is well outside of anyones jurisdiction. A few million dollars worth of Bitcoin is traded in the Philippines every single day. Without any official guidelines, it could become problematic in the country. Around a dozen exchanges are applying for approval, which is a good sign.

How all of this will play out, remains to be seen. The overall sentiment is how the Philippine central bank will legalize Bitcoin in some way. Whether or not that plan is still on the table, remains anyones guess right now. The open-minded approach toward both cryptocurrencies and ICOs is w...

23:00

Ripple Price Passes Historic $1 Milestone CoinDesk

The price of Ripple's XRP token has passed a dollar for the first time in its history, thanks to a boost from Asian traders.

22:57

Breaking: Russia to Reveal Bitcoin, ICO Draft Regulation Bill Next Week News CCN

The post Breaking: Russia to Reveal Bitcoin, ICO Draft Regulation Bill Next Week appeared first on CCN

Russias upcoming draft law on regulating cryptocurrencies like bitcoin and fundraising through ICOs will be submitted on December 28. Speaking to reporters today, member of Parliament Anthony Akasov revealed details of the upcoming draft bill on the regulation of cryptocurrencies and ICOs, currently being worked on by Russias central bank and the ministry of finance. Continued

The post Breaking: Russia to Reveal Bitcoin, ICO Draft Regulation Bill Next Week appeared first on CCN

22:40

Market Optimism Declines as Bitcoin Futures Euphoria Ends Bitcoin News

Market Optimism Declines As Bitcoin Futures Euphoria Ends

This week it seems the euphoria from the introduction of CME Group and Cboes bitcoin-based futures markets has fizzled. Since both companies announced launching their futures products, the price of bitcoin gained over three times its value in just 45 days. Since the derivatives markets have begun the futures products volumes has been lackluster, and both bitcoin derivative predictions and spot markets prices have dipped considerably.

Also Read: Major Korean Crypto Exchange Upbit at Center of Regulatory Controversy

Pending Futures Markets Brought Hype and 45 Days of BTC Gains

Futures markets are here, but the excitement leading up to these investment vehicles was far more thrilling than they are today. When Cboe launched its bitcoin futures products called XBT, both spot and derivatives markets pushed up the price. Cboes January expiration contracts started off with decent volume as 1,583 products were sold. However, the following months contracts have dwindled down to less than 200 contracts for February and March. Initially, Cboe contracts predicted some pretty high prices reaching a high of $18,650, but now contracts are much lower as the last Cboe XBT trade was $16,930. Additionally, when Cboe launched, spot markets had spiked after suffering from a dip and reached a high of $19,650 across global exchanges.

...

22:28

Bitcoin Price Watch; Heres Whats On This Morning NEWSBTC

Its Thursday morning and its time to take our first look at the action we saw overnight and try to use it to form some sort of strategy for the forward session. We are going to jump right into things so as to avoid missing out on any potential entry points. So, before we get started, take a quick look at the chart below 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 going for with our approach today comes in as defined by support to the downside at 16433 and resistance to the upside at 16579. We are going to go at things with our breakout strategy for the time being purely because we dont want to find our selves on the wrong end of a breakout (or even potentially missing out on one) while we are stuck in an intrarange position.

So, our strategy is as follows. Were going to look out for a close above resistance to signal an upside entry. On this trade, well get in long towards an immediate upside target of 16630. A stop loss on the trade somewhere in the region of 16560 will ensure we get taken out of the trade for nothing more serious than a small loss if and when things turn against us.

Looking the other way, we are going to try and get in short if we see a close below support. The trade will target a downside target of 16360. This one gives us a little more room from a risk management perspective, so we can be a little more flexible with our placement. Somewhere around 16360 looks like it should do the trick.

Lets see how things play out and we will revisit this evening.

Charts courtesy of Trading View

...

22:14

South Koreas Bitcoin Cash Frenzy: 2x Higher Volume Than Bitcoin News CCN

The post South Koreas Bitcoin Cash Frenzy: 2x Higher Volume Than Bitcoin appeared first on CCN

The demand for Bitcoin Cash in the South Korean cryptocurrency exchange market has been skyrocketing over the past two days. 2x Volume of Bitcoin on Bithumb Yesterday, on December 21, CCN reported that the price of Bitcoin Cash increased by more than 50 percent, to over $3,300. Since then, the price of Bitcoin Cash has Continued

The post South Koreas Bitcoin Cash Frenzy: 2x Higher Volume Than Bitcoin appeared first on CCN

22:00

Tether to Launch New Platform Following Hack CoinDesk

Tether, a startup that provides a dollar-pegged token, has said it plans to launch a new platform following a claimed security breach in November.

21:30

PR: The Second Round of e-Chat ICO, First Decentralized Messenger, Is About to Start Bitcoin News

e-Chat ICO Round Two

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 e-Chat team managed to develop the Blockchain-based instant messaging system that enables the financial transactions within the system. The users assets are stored in e-Chat cryptowallets with the best protection and encryption mechanisms implemented. The startup has already gone through the pre-ICO and the First Round of ICO. The Second Round of e-Chat ICO starts on December 16 and ends on December 30, 2017. It is the shortest ECHT token presale period among the 3 planned, which lasts only for 15 days. The price of 1 ECHT token is $0.80.

The e-Chat international management team advocates for the highest level of confidentiality and security of your personal data. The e-Chat is a cross-platform app with a user-friendly interface. Moreover, it is free and absolutely protected against blocking from the side of institutions and governments.

The e-Chat cryptowallet enables the storage and transfer of your assets in ECHT and the leading cryptocurrencies. The unique feature of the cryptolike allows the connection of your cryptoassets with the standard function of the upvote. If there is the engaging content in your newsfeed you could instantly transfer some funds to the author.

The project is gaining weight worldwide as the e-Chat team is actively participating in conferences, summits, meetups and ICO battles. During the First Round of e-Chat ICO, this startup became a partner of the Cryptoconference held in Tokyo and was spotted among the Gold Sponsors of the Blockchain summit in London. Among the recent events where e-Chat team players had an opportunity to speak about the project were the biggest Blockchain Conference BlockShow Asia 2017, 6th China Forex Expo and Cryptospace in Moscow. The e-Chat community has also significantly grown, especially the subscr...

21:16

Japanese Tech Giant GMO Begins Mining Bitcoin in Europe News CCN

The post Japanese Tech Giant GMO Begins Mining Bitcoin in Europe appeared first on CCN

Japanese internet and technology conglomerate GMO Internet Co. has kicked off its cryptocurrency mining venture in Northern Europe.

The post Japanese Tech Giant GMO Begins Mining Bitcoin in Europe appeared first on CCN

21:15

Bank of England Chief: Bitcoin Isn't a Threat to Financial Stability CoinDesk

Bank of England governor Mark Carney has said that bitcoin's meteoric price gains do not pose a threat to global financial stability.

21:11

Embleema Inc. announces formation of its Advisory Board. NEWSBTC

Embleema Inc. announces the formation of its Advisory Board and the appointment of two members effective immediately: Frdric Duchesne, President and CEO of Pierre Fabre Pharmaceuticals; and Bernard Gilly, Ph.D., Founder and President of iBioNext.

I am humbled and grateful to have Bernard and Frdric join our Advisory Board, said Robert Chu, Founder and CEO of Embleema Inc., Each one of them is a globally recognized leader in their respective area and have an impressive track record of growing billion-dollar businesses. Having Frdric and Bernard in our Advisory Board will provide us a tremendous advantage in articulating and executing our growth strategy.

Mr. Frdric Duchesne serves as the President and Chief Executive Officer of the Pharmaceuticals Division of Pierre Fabre, serving patients in more than 130 countries. He is also a Board Member of the European Federation of Pharmaceutical Industries and Associations (EFPIA). Prior to joining Pierre Fabre in 2010, Frdric held senior executive positions at GSK and BMS in Europe, the UK and France.

Mr. Bernard Gilly, Ph.D. has over twenty years of experience in the financial and biotech sectors. He co-founded several disruptive technologies start-ups and is currently Chairman of Pixium Vision (2011), EyeTechCare (2012), Gecko Biomedical (2013) and Chronocam (2015). From 2005 to 2009, he founded and was Chairman and Chief Executive Officer of Fovea Pharmaceuticals, a privately owned biotech company, which was acquired by sanofi in 2009. After the acquisition, he became Senior Vice-President of the Ophthalmology Division of Sanofi until 2012. Prior to Fovea, Dr. Gilly was a partner at Sofinnova Partners from 2000 to 2005.

Embleemas Advisory Board will provide strategic guidance to the company in terms of assessing the healthcare and technology markets, identifying growth opportunities, and defining strategic and tactical plans.

About Embleema Inc.

Embleema Inc. is a healthcare technology company based in New York, applying blockchain technology for the benefit of patients. Its first blockchain platform PatientTruth allows patients to securely store and control their longitudinal medical history and drive a new decentralized health economy. Embleema is fully committed to drive standards for open-source healthcare blockchain software allowing mass adoption of PatientTruth by the entire healthcare ecosystem, including patient advocacy groups, payers, providers, healthcare product manufacturers, and healthcare authorities.

...

21:00

Bitcoin Cash and ZCash Are Coming to OpenBazaar in Early January, Litecoin to Follow Soon NEWSBTC

We know OpenBazaar will integrate support for a few different altcoins. Both Bitcoin Cash and ZCash are in the testing phase already, which is good news. Moreover, it seems Litecoin integration is also on the agenda. That is a good thing, as Bitcoin remains a far too expensive payment method right now. Come January 2018, things will get very interesting for OpenBazaar, by the look of things.

No one can deny good things are happening for OpenBazaar. This peer-to-peer marketplace solution has been well-received by the cryptocurrency community. However, this solution has always been hindered by only supporting Bitcoin. Although it is still the worlds leading cryptocurrency, it also has a lot of problems right now. Slow transactions, network congestion, and high fees are just some of the issues. Not an ideal situation by any means.

Litecoin may Come to OpenBazaar Soon

Additionally, we also see ZCash integration. A coin with optional privacy and some questionable development decisions is an interesting addition, for sure. Whether or not anyone will ever spend ZEC on OpenBazaar, remains highly doubtful at this point. There are a few different coins which could provide more privacy and would generate more transaction volume as well. An interesting decision by the protocol developers, but it may not yield any significant results.

Last but not least, the team is working on Litecoin integration as well. That in itself is pretty interesting. It is true Litecoin has had a good year throughout 2017. It would make a lot of sense to use this payment method on a decentralized peer-to-peer platform. For now, the Litecoin implementation is still in t...

20:56

Crypto Christmas: Give a Blockchain Gift to Nocoiners You Love Cointelegraph.com News

The gift that keeps giving? Give the nocoiner in your family a crypto-gift this holiday season. Theyll probably thank you next Christmas. #ADOPTION

20:29

Correlation Between Cryptocurrency Value and Exchange Listings: Expert Blog Cointelegraph.com News

How does the number of exchanges influence on the market cap of a cryptocurrency? #EXPERT BLOG

20:11

Bitcoin Has Our Heightened Attention: EU Financial Regulation Chief News CCN

The post Bitcoin Has Our Heightened Attention: EU Financial Regulation Chief appeared first on CCN

The European Commission the executive arm of the European Union is keeping a close eye on bitcoin markets and is reportedly urging EU banking and markets watchdogs to issue risk warnings to investors. In statements at a news conference on Wednesday, European Commission vice president Valdis Dombrovskis expressed a concerned take on the Continued

The post Bitcoin Has Our Heightened Attention: EU Financial Regulation Chief appeared first on CCN

20:00

Writing the Blockchain Rulebook in 2018 CoinDesk

2018 presents a rare opportunity for the blockchain industry to self-regulate, lawyer Josh Garcia argues.

19:04

Top speakers of Blockchain & Bitcoin Conference Philippines NEWSBTC

Top speakers of Blockchain & Bitcoin Conference Philippines: who are they?
Top 100 person in blockchain world, Top 500 lawyer in USA. Who else will speak at Blockchain & Bitcoin Conference Philippines
Cryptocurrencies in eCommerce and transfers, tokenization of economy. Other topics to be covered at Blockchain & Bitcoin Conference Philippines
All about cryptocurrencies and tokens. Headliners of global blockchain industry to meet in Philippines

On January 25, Manila will host Blockchain & Bitcoin Conference Philippines, an event dedicated to cryptocurrencies, blockchain and ICO. The conference participants are going to analyze how bitcoin will affect eCommerce, tell how the money transfer sector will change with the advent of cryptocurrency, and explain how tokens can transform the global economy. The floor will be taken by experts from the United States, Britain, Germany and the Philippines.

eCommerce to meet Bitcoin Commerce

How will the eCommerce sector change after the advent of bitcoin? This issue will be covered by the business executive, representing multinational corporates and emerging companies in a wide range of sectors, Jimmy Nguyen. Being a skillful manager and lawyer with 21 years of experience, Jimmy will tell about regulatory methods necessary for bitcoin integration into eCommerce, as well as about changes in the IT sector that will follow the process.

Lawdragon magazine described Jimmy as a dynamo talent, and for his diversity leadership, Jimmy has been named a Top 100 under 50 diverse executive leader by Diversity MBA magazine. Now, Jimmy Nguyen is the head of nChain, the company involved in the blockchain research and development.

Cryptocurrencies and money transfers

The topic of the cryptocurrency impact on eCommerce will be continued by Luis Buenaventura, the author of the book Reinventing Remittances with Bitcoin. His report will be dedicated to the money transfers. The audience will learn how international transfers will change with the introduction of decentralized technologies. Luis has been building fintech startups in the Philippines for nearly a decade, acting as a co-founder and manager.

Currently, Luis is known as Chief Technology Officer at BloomSolutions. He is responsible for developing software solutions for traditional remittance businesses: blockchain integration, messenger bots for customer support, universal APIs for instant nationwide disbursement. He writes analytical articles for a well-known media portal in the crypto industry Bitsonline.

What will tokenization result in?

Ismail Malik, a blockchain expert ranged among 100 most influential people in the field of blockchain according to the rating of the Rise Global agency, will tell about tokenization and prospects f...

19:00

Ethereum Classic Price Technical Analysis ETC/USD to Continue Higher NEWSBTC

Key Highlights

  • Ethereum classic price is placed in the bullish zone above the $37.00 support against the US Dollar.
  • There is a crucial bullish trend line forming with current support at $37.20 on the hourly chart of the ETC/USD pair (Data feed via Kraken).
  • The pair might continue to rise and it will most likely move above $40 and $42 in the near term.

Ethereum classic price is placed in an uptrend against the US Dollar and Bitcoin. ETC/USD may soon move above $42 for more gains toward $45.

Ethereum Classic Price Uptrend

During the past few days, there was a bullish price action in ETC price above the $35.00 level against the US Dollar. The price dipped on a couple of occasions, but the $35.00 support and the 100 hourly simple moving average protected declines. There was a decent upside reaction and the price traded as high as $42.30 before correcting lower. It has moved below the 50% Fib retracement level of the last wave from the $34.40 low to $42.30 high.

However, the 100 hourly SMA at $37.00 prevented declines. Moreover, there is a crucial bullish trend line forming with current support at $37.20 on the hourly chart of the ETC/USD pair. The pair is trading a nicely above the $37.00 level and the 100 hourly SMA. It also got bid well around the 61.8% Fib retracement level of the last wave from the $34.40 low to $42.30 high. Therefore, there seems like the $37.00 is a major support zone, and the pair might continue to move higher.

Ethereum Classic Price Technical Analysis ETC USD

A break above the $42.30 high would open the doors for more gains toward the $45.00 level or even $50.00.

Hourly MACD The MACD for ETC/USD is slightly in the bullish zone and is placed well.

Hourly RSI The RSI for ETC/USD is just above the 50 level and is moving higher.

Major Support Level $37.00

Major Resistance Level $42.00

 

Charts courtesy Trading View, Kraken

...

18:59

Tax Fears? Anonymous Cryptocurrencies Dash, Zcash and Monero Surge in South Korea News CCN

The post Tax Fears? Anonymous Cryptocurrencies Dash, Zcash and Monero Surge in South Korea appeared first on CCN

The prices of three leading anonymous and privacy-focused cryptocurrencies Dash, Monero, and Zcash have surged in South Korea, amidst local markets concerns over the South Korean governments plans to impose gains taxes on cryptocurrency investment. Across Bithumb and Coinone, two of the largest cryptocurrency exchanges in the South Korean market, the prices of Dash, Monero, Continued

The post Tax Fears? Anonymous Cryptocurrencies Dash, Zcash and Monero Surge in South Korea appeared first on CCN

18:50

Japanese Entertainment Giant DMM Unveils Details of Crypto Exchange to Launch Next Month Bitcoin News

Japanese Entertainment Giant DMM Unveils Details of Crypto Exchange to Launch Next Month

Japanese entertainment conglomerate DMM Group, the operator of popular e-commerce site DMM.com with 27 million members, is preparing to launch a cryptocurrency exchange. 7 cryptocurrencies, 14 trading pairs, and margin trading will be offered.

Also read: South Korea Clarifies Position After Reports of Possible Ban on All Crypto Transactions

DMMs Crypto Exchange Opening January

Japanese Entertainment Giant DMM Unveils Details of Crypto Exchange to Launch Next MonthJapanese e-commerce and internet giant DMM Group has unveiled the details of its upcoming cryptocurrency exchange set to launch on January 11 of next year. The new exchange will be called DMM Bitcoin. According to the company:

DMM Bitcoin will launch a new service site for virtual currency trading on January 10, 2018, and we plan to start accepting account...

18:00

Blockchain Advocates in Japan and South Korea Are Joining Forces CoinDesk

Japanese and South Korean blockchain groups have partnered for dissemination of blockchain technology.

17:30

Ripple Price Technical Analysis XRP/USD Moving Toward $1.00 NEWSBTC

Key Highlights

  • Ripple price moved higher once again and is currently trading above the $0.8000 level against the US Dollar.
  • Yesterdays highlighted short-term bearish trend line with resistance at $0.7200 was broken on the hourly chart of the XRP/USD pair (data source from Kraken).
  • The pair traded as high $0.9009 and is currently preparing for more gains above $1.00.

Ripple price is surging higher against the US Dollar and Bitcoin. XRP/USD might soon move further higher toward the $1.00 level in the near term.

Ripple Price Upside Move

There was a fresh upside move initiated in Ripple price from the $0.7000 swing low against the US Dollar. The price succeeded in breaking many resistances such as $0.7500 and $0.8000. To start with, there was a break above the 50% Fib retracement level of the last drop from the $0.8400 high to $0.6770 low. It opened the doors for more gains above $0.7500.

More importantly, yesterdays highlighted short-term bearish trend line with resistance at $0.7200 was broken on the hourly chart of the XRP/USD pair. The pair traded above the $0.8500 level and posted a new high at $0.9009. It seems like the current uptrend is far from over and the price might continue higher above $0.9000. An initial support is around the 23.6% Fib retracement level of the last wave from the $0.6500 low to $0.9009 high. Any major downside move should be limited by the $0.8000 level. Moreover, the 50% Fib retracement level of the last wave from the $0.6500 low to $0.9009 high is at $0.7760 to act as a support.

Ripple Price Technical Analysis XRP USD

On the upside, a break above the $0.9000 handle would call for a test of the $1.00 handle in the near term.

Looking at the technical indicators:

Hourly MACD The MACD for XRP/USD is gaining pace in the bullish zone.

Hourly RSI (Relative Strength Index) The RSI for XRP/USD is placed well in the overbought levels.

Major Support Level $0.7700

Major Resistance Level $0.9000

 

Charts courtesy Trading View, Kraken

...

17:21

CNBCs Jim Cramer: Bitcoin Wont Replace Gold Anytime Soon News CCN

The post CNBCs Jim Cramer: Bitcoin Wont Replace Gold Anytime Soon appeared first on CCN

The TV commentator made a case for gold making a comeback in the near future, implying bitcoin didn't influence its price.

The post CNBCs Jim Cramer: Bitcoin Wont Replace Gold Anytime Soon appeared first on CCN

16:58

Bitcoin Price Technical Analysis for 12/21/2017 Small Bullish Pattern Sighted? NEWSBTC

Bitcoin Price Key Highlights

  • Bitcoin price appears ready to bounce off support at the area of interest visible on the longer-term charts.
  • Price seems to be forming a double bottom around the $16,000-18,000 levels and a neckline break could allow the climb to resume.
  • In that case, bitcoin price could make its way back up to the swing high and beyond.

Bitcoin price continues to ward off bearish pressure around the $16,000 area of interest and might be ready to make a stronger rally.

Technical Indicators Signals

The 100 SMA is above the longer-term 200 SMA to confirm that the path of least resistance is to the upside. This means that the uptrend is more likely to carry on than to reverse, possibly taking bitcoin price up to the highs close to $20,000.

Stochastic is on the move up to show that buyers are on top of their game, but the oscillator is nearing overbought territory to reflect exhaustion. RSI has more room to climb, so bitcoin price might have enough bullish momentum for a neckline break.

Note that the double bottom is around $2,000 tall so the resulting break could be enough to take it up to the all-time highs.

Market Factors

The US dollar is holding its ground against most of its rivals as the tax reform bill was passed this week. This would spur stronger business activity and consumer spending, thereby boosting overall growth and keeping the Fed on its tightening cycle.

Meanwhile, bitcoin price appears to be losing the spotlight to other cryptocurrencies that are also on the rise. The $20,000 major psychological level is proving to be a tough barrier to break, so profit-taking has also come in play, especially since the end of the year is approaching.

Theres not much in terms of catalysts for both bitcoin and the dollar in the weeks ahead, so its likely that the correction could stay or consolidation could be in the works.

 

...

16:21

The future of crypto-assets? (from the comments) "IndyWatch Feed Economics"

mariorossi

I think one problem with this view is that the bitcoin storage cost is likely a function of the capitalization of bitcoin.

Bitcoin security is a function of the amount of miners. The amount of miners is a function of mining revenue streams. If there are not enough miners, stealing bitcoins becomes possible. So the bitcoin network needs to generate enough mining revenues to keep enough miners interested. This amount has to be a function of the capitalization as if it ever diverges stealing bitcoin would become a valid strategy. So bitcoin must have a negative yield, either because you need to pay for the miners energy or because your bitcoins are going to be stolen. This is currently hidden by the wave of investment in the sector (and the funding from the bitcoin seniorage), but thats got to stop at some point. I dont think gold for example has similar features. Securing gold is not a function of of the dollar value.

If miners are a competitive industry, miners revenue has to roughly equal miners costs, so its a real cost. Compared with other fiat currency cost of storage it seems incredibly wasteful. Storing government bonds is basically costless. You might get negative yields, but those are transfers, not consumption. Gold was valuable because it doesnt rust. It doesnt require maintenance. Bitcoins require a lot of maintenece I think thats a weakness

Here is the link.

The post The future of crypto-assets? (from the comments) appeared first on Marginal REVOLUTION.

16:01

Think Tank Links Rising Bitcoin Price to Terrorist Use CoinDesk

The increased price of bitcoin appears to be luring terrorist fundraising efforts, in spite of the risks of being discovered.

16:00

Ethereum Price Technical Analysis ETH/USD Holding 100 SMA NEWSBTC

Key Highlights

  • ETH price is moving nicely above the $760 support area against the US Dollar.
  • There is a contracting triangle forming with support near $755 on the hourly chart of ETH/USD (data feed via SimpleFX).
  • The pair is holding the 100 hourly simple moving average and the $750 support region.

Ethereum price is consolidating above key levels against the US Dollar and Bitcoin. ETH/USD is holding the 100 hourly SMA and remains in an uptrend.

Ethereum Price Trend

There was not much action during the past three sessions in ETH price above $740 against the US Dollar. The price remained in an uptrend and was seen holding key support levels such as $750. It is also holding the 100 hourly simple moving average at $762, which is a positive sign. The recent high was at $824.16 from where a downside correction was initiated. There was a correction from $824 high below the 38.2% Fib retracement level of the last wave from the $702.31 low to $824.16 high.

At the moment, it seems like there is a contracting triangle forming with support near $755 on the hourly chart of ETH/USD. The triangle support at $755 is also around the 100 hourly SMA, which is a positive sign. The pair recently tested the 50% Fib retracement level of the last wave from the $702.31 low to $824.16 high. Therefore, it is very likely that the pair might gain traction above $760 in the near term. It has to break the $800 resistance zone and the triangle to move further higher.

Ethereum Price Technical Analysis ETH USD

On the downside, the 100 hourly SMA and the triangle support at $755 are very important. ETH/USD must stay above the $750 level to avoid any further declines in the near term.

Hourly MACD The MACD is almost flat with no major sign of a break.

Hourly RSI The RSI is currently just below the 50 level with a minor downside angle.

Major Support Level $755

Major Resistance Level $800

 

Charts courtesy SimpleFX

...

15:25

DASH AND MONERO HODLERS JOINS THE MILLIONAIRES BOY CLUB NEWSBTC

Before Charlie Lee, we had DASH, Monero hodlers and early adopters being promoted into the millionaires club.

Monero added $50 while his cousin DASH added $500, same ambition different speeds I guess. Should you buy all these three BTC alt coins starting with BCH and LTC before spicing it with DASH and Monero?

You should have I say when the prices were right but we can learn from Bitcoin. Experts said it would crash but it crushed them instead.

NEM LOOKS BORING AND BEARS MIGHT PUSH PRICES LOWER

NEM 4HR chart technical analysisXEMUSD 4HR Chart for December 21, 2017

Between watching paint dry and tracking todays NEM movement, I would gladly choose the former. Reason? I dont want to feel edgy and get wrenched every time a bear candlestick prints.

Yesterday, I mentioned the likelihood of $0.67 being tested. If by any chance the 20 period MA is breached and USD bears close below it, then I may consider exiting this trade for $0.05 gain. Thats 6% for holding 48 hours or so. You wont get that even from the best banks out there.

Now, we remain buyers but what Im seeing here is not bull pressure at all. Those lower highs relative to the upper BB is messing this set up big time. As I said, any close below the middle BB, $0.67 or the 61.8%-on the lower end mean we anticipate expect some brakes around that price range.

Im not saying this is with certainty. Give yourself +/- 5% around $0.53 as a room for margin. If theres a stochastic buy signal around then, the better.

WE WERE WRONG DASH ADDS $500 IN 24 HOURS

DASH bulls weekly chart technical analysisDASHUSD Weekly Chart for December 21, 2017

After all the talk and Charlie Lee cashing out on his stash, DASH and BCH are rallying. DASH demand is so high, $500 was added and that also meant our third take profit level as projected by Fibonacci extension level was taken down.

Now, Im just giving an observation which should not substitute your gut feeling. Personally, Im not looking to buy unless after I see some technical evidence in the daily or 4HR chart.

A reversal of some sort is what Im waiting and after all, its better be safe than buy at peaks. Fundamentals are definitely b...

15:08

Bitcoin Cash Price Technical Analysis BCH/USD Buyers in Control NEWSBTC

Key Points

  • Bitcoin cash price is stable and in a major uptrend above $3200 against the US Dollar.
  • Yesterdays highlighted connecting bullish trend line with current support at $3400 is intact on the hourly chart of BCH/USD (data feed from Kraken).
  • The pair might resume its uptrend sooner or later once the current correction is over at $3400.

Bitcoin cash price remains in a major uptrend against the US Dollar. BCH/USD has to stay above $3400 in order to break the $4000 level.

Bitcoin Cash Price Rise

There were heavy gains in bitcoin cash price above $3000 recently against the US Dollar. The price traded to a new all-time high at $3997 before it faced yet another batch of sellers. A correction wave was initiated from the $3997 high and the price moved below the $3800 support. There was also a break below the 50% Fib retracement level of the last wave from the $2780 low to $3997 high.

However, the downside wave was protected by the $3200 support. Moreover, yesterdays highlighted connecting bullish trend line with current support at $3400 acted as a barrier on the hourly chart of BCH/USD. The trend line along with the $3200 pivot acted as a major support and stopped further downsides. Additionally, the 61.8% Fib retracement level of the last wave from the $2780 low to $3997 high also prevented declines. The pair is now moving back higher and is currently above the $3400 support.

Bitcoin Cash Price Technical Analysis BCH USD

BCH buyers need to make sure that the price stays above $3400 for a push towards the $4000 level. On the other hand, a close below the trend line support and $3200 could ignite more declines toward $3000.

Looking at the technical indicators:

Hourly MACD The MACD for BCH/USD is now slightly in the bearish zone.

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

Major Support Level $3400

Major Resistance Level $4000

 

Charts courtesy Trading View, Kraken

...

14:34

Hard Assets Alliance: The Role Of Gold (And Silver) "IndyWatch Feed Economics"

Hard Assets Alliance: The Role Of Gold (And Silver)

Longtime PeakProsperity.com readers know that the Hard Assets Alliance is this website's officially-endorsed gold & silver bullion dealer (the list of reasons why can be read here).

Given the painful slog over recent years for precious metals investors, we thought it was high time to bring them back on the program to offer an update on the fundamental reasons for continuing to own bullion.

This week, Chris sits down with HAA executive Ed D'Agostino to discuss the role of gold (and silver) in an investment portfolio during the age of bitcoin and endless central bank liquidity.

Join the conversation

14:30

The Philippine Central Bank Considers Regulation Standards for Bitcoin Bitcoin News

The Philippine Central Bank Considers Regulation Standards for Bitcoin

The Philippine central bank, Bangko Sentral ng Pilipinas (BSP) and the countrys regulators are planning to create regulatory standards for digital assets like bitcoin. This week the BSP Deputy Governor, Chuchi Fonacier, said the bank is working with the Securities and Exchange Commission in order to create regulatory guidelines for Philippine businesses and exchanges who deal with cryptocurrencies.

Also read: Korean Cryptocurrency Exchange Youbit to Close After Second Hack in a Year

Due to Recent Developments the Philippines Central Bank is Considering Regulatory Standards for Bitcoin

...

14:14

Early Bitcoin Investor Says Bitcoin Could Drop 50% Before Going Higher Cointelegraph.com News

The CEO of Pantera Capital says Bitcoin could drop as much as 50% before moving to new highs, focuses on long-term vision. #NEWS

14:03

NYSE Files to Bring Bitcoin ETF Closer to Reality Cointelegraph.com News

Bitcoin ETFs took another step closer to reality as the New York Stock Exchange gives its imprimatur, filing for Bitcoin-futures tracking ETF approval. #ANALYSIS

13:50

Dash Soars Past $1,500 as Market Warms to Big Blocks Cointelegraph.com News

Dashs recent rise from $1,000 to $1,570 is happening at the same time Bitcoin Cash is experiencing rapid price appreciation. Both currencies use bigger blocks and on-chain scaling. #NEWS

12:47

Is Cryptocurrency The Future, Or The Future New World Order Currency? "IndyWatch Feed Nthamerica"

TheLastAmericanVagabond.com

There is a lot of debate around the intentions behind cryptocurrency, and in particular, Bitcoin itself. Some say that it is the answer we have been waiting for; the very thing that will allow us the freedom to finally side-step the centralized control of the State. While others feel that this is just another long-con []

The post Is Cryptocurrency The Future, Or The Future New World Order Currency? appeared first on The Last American Vagabond.

12:30

The Daily Economist Gold, Bitcoin, and Cryptocurrency Report (Video) "IndyWatch Feed Economics"

The Daily Economist Gold, Bitcoin, and Cryptocurrency Report Video Click here to sign up for The Daily Coin FREE newsletter covering precious metals, war, health and prepper suggestions! Video Source

The post The Daily Economist Gold, Bitcoin, and Cryptocurrency Report (Video) appeared first on The Daily Coin.

11:50

The Truth Behind the Crypto Mania "IndyWatch Feed Economics"

The Truth Behind the Crypto Mania by Jeff Brown  International Man On March 10, 2000, the Nasdaq Composite Index closed at what was then an all-time high of 5,048. It was the height of the dot-com bubble. Bolstered by the potential...

The post The Truth Behind the Crypto Mania appeared first on The Daily Coin.

11:00

The Worlds First Bitcoin Lottery is Offering a 1,000 BTC Bounty Bitcoin News

The Worlds First Bitcoin Lottery is Offering a 1,000 BTC Bounty

Anyone kicking themselves for not buying bitcoin sooner now has a novel way to make amends. One of Irelands best known lottery operators is offering a bitcoin bounty worth millions of dollars. In exchange for picking six numbers, entrants who arent limited to the Republic of Ireland will be entered into a draw whose current jackpot stands at 1,025 BTC. The odds of success are slender to say the least, but Lottoland are confident that plenty of bettors will be willing to take their chances.

Also read: Litecoin Creator Charlie Lee Reveals He Sold All His Litecoin

Play With Fiat, Win With Bitcoin

Lottoland, established in 2013, is one of Irelands best known lottery operators. Its courted controversy in the past for allowing punters to bet on lotteries held in other jurisdictions such as Americas Powerball and Europes Mega Millions. Nevertheless, the company has gained a sizeable market share in the Emerald Isle, helped by its savvy marketing tactics.

In launching its own bitcoin lottery, Lottoland is cashing in on the craze for cryptocurrencies that is sweeping the world, with bitcoin at the head of that charge. The world is going Bitcoin bonkers and so are we! proclaims the Lottoland website. A daily draw, held at 8:30pm GMT Monday to Saturday, has a 1,000+ BTC jackpot up for grabs. Players will need to match all six numbers on their card to scoop the USD $18 million bonanza, although smaller payouts can also be won....

10:00

Inside the Markets Mind: Mind-Matter Issues of the Intangible Crypto Economy "IndyWatch Feed Economics"

By Patrick Schotanus Cryptocurrencies, or simply cryptos, are all the rage these days. Bitcoins rise to fame has become exponential and its price is approaching $20,000, after starting the year around $1000. Bankers, including central ones, have expressed...

09:58

Bitcoin Cash Embassy to Open in Limassol, Cyprus Bitcoin News

Bitcoin Cash Embassy to Open in Limassol, Cyprus

With the launch of Bitcoin Cash (BCH) by Coinbase and Gdax, the adoption of the cryptocurrency is likely going to accelerate further. To help local users, developers, and investors meet and discuss this, there is going to be a new bitcoin cash community center in Cyprus.

Also Read: Thomson Reuters Adds Bitcoin Cash to Eikon Platform

Cash Island

Bitcoin Cash Embassy to Open in Limassol, CyprusLimassols First Bitcoin ATM

Limassol, Cyprus second city, is getting its first bitcoin cash embassy to open in early 2018. The venue will serve as an open community center where people can talk about the cryptocurrency, participate in free discussions and attend regular meet-ups with industry experts. It will be hosted by Hello Group, the fin...

09:53

Bitcoin Hype Luring New Investors Into Stock Market News CCN

The post Bitcoin Hype Luring New Investors Into Stock Market appeared first on CCN

Its no surprise that the hype around bitcoin and other cryptocurrencies has turned many consumers particularly younger ones into investors as they chase the markets unprecedented returns. Cryptocurrency Hype Luring New Investors Into Stocks One might assume that this bitcoin fever would result in decreased inflows to the traditional stock market, at least Continued

The post Bitcoin Hype Luring New Investors Into Stock Market appeared first on CCN

09:37

Bitcoin Price Analysis: After Giddy Heights, Bitcoin Sees a Steady Decline in Price Bitcoin Magazine

Bitcoin Price Analysis

In the days leading up to the various bitcoin futures markets opening, bitcoin saw a push to fresh all-time highs near $20,000. However, shortly after reaching these values, the market saw a steady decline in price as demand dwindled and supply began to dominate the market. In the last bitcoin market analysis, we discussed a possible distribution phase for bitcoin and a potential hypodermic breakdown of the strong, parabolic trend the market has seen. Lets take a look the latest developments:

Figure_1 (1).JPGFigure 1: BTC-USD, 1-Hour Candles, Distribution Update

One troubling aspect of this current price trend is the high volume leading into all the dips, and the low volume on the price rises. This price action shows both the diminishing demand in the market and the overwhelming supply that is beginning to take dominance in the market. Currently, bitcoin is perched on a potential part of the trading range called Last Point of Supply (LPSY): this offers a final opportunity for the large players who have not exited the market to finally exit before an ultimate correction.

As discussed in the previous article, there is a strong, aggressive trend called the hypodermic trendline:

Figure_2 (1).JPGFigure 2: BTC-USD, 4-Hour Candles, Hypodermic Trendline

The hypodermic trendline represents a break outside of the parabolic envelope that dominated the market trend for over three years. The hypodermic trend also represents an aggressive price trend that is fairly difficult to maintain because of the demand required to keep the price aloft.

Currently, the price is sitting below this trendline and has rejected its initial test of the trend. At the moment, BTC-...

09:35

GMO Internet's Crypto Mining Facility Is Up and Running CoinDesk

GMO Internet, a publicly listed IT firm in Japan, has officially launched its cryptocurrency mining operation.

09:24

Was bitcoin created by an artificial intelligence?..Bitcoins mysterious creator could become worlds first trillionaire "IndyWatch Feed Economics"

https://www.rt.com/business/412972-bitcoin-creator-first-trillionaire/

The mystery man known as Satoshi Nakamoto, whos believed to be the inventor of bitcoin, could become the richest person on the planet, ahead of Forbes list billionaires Bill Gates and Jeff Bezos.

With the cryptocurrencys booming price, the fortune of Nakamoto who is reportedly sitting on $17 billion could turn him into the worlds first trillionaire.

The price of the worlds most valuable digital currency bitcoin is up 1,800 percent this year. Last week, it rocketed above $19,000 for the first time. With a market value of more than $288 billion, the cryptocurrency was trading at $17,254 on Wednesday.

Nakamoto is believed to hold nearly one million bitcoins, and hes never spent a single coin, according to media reports.

The identity of Satoshi Nakamoto, a pseudonym for the author of the research paper that conceived bitcoin about nine years ago, remains a mystery. To date, nobody knows who Nakamoto is. The name appears on the original document which proposed a peer-to-peer electronic cash system.

There have been at least four people that have been named or have named themselves as Satoshi Nakamoto. Three years ago, Newsweek said a 64-year-old Japanese-American living in California named Dorian Satoshi Nakamoto could be behind bitcoin. He had denied the report.

In 2016, an Australian entrepreneur Craig Wright claimed he was the founder, but that was also called into doubt.

Last month, billionaire Elon Musk denied rumors he was the mysterious inventor of bitcoin. A former intern at Musks space company SpaceX has suggested that Satoshi is probably Elon because of his deep understanding of economics and cryptography, grip on advanced coding languages, and the fact he is a polymath.

-

the argument is very compelling..who knows!!??

The mystery man known as Satoshi Nakamoto, whos believed to be the inventor of bitcoin, could become the richest person on the planet, ahead of Forbes list billionaires Bill Gates and Jeff Bezos.

does this guy even exist?

There have been at least four people that have been named or have named themselves as Satoshi Nakamoto. Three years ago, Newsweek said a 64-year-old Japanese-American living in California named Dorian Satoshi Nakamoto could be behind bitcoin. He had denied the report. In 2016, an Australian entrepreneur Craig Wright claimed he was the founder, but that was...

09:19

Not a Credible Currency: Japans Finance Minister Questions Bitcoin Cointelegraph.com News

Japan Finance Minister questions Bitcoins status as an actual currency. He also claims crypto is rarely used in Japan. #NEWS

08:58

7 Million Transactions a Second Research Paper Declares 1TB Blocks Feasible Bitcoin News

'7 Million Transactions a Second' Research Paper Declares 1TB Blocks Feasible

This week a research paper was published by the founder of Lokad, a quantitative supply chain software company, and it details how terabyte blocks (TB) implemented into the bitcoin cash (BCH) blockchain could be feasible both technically and economically.

Also Read: Thomson Reuters Adds Bitcoin Cash to Eikon Platform

Research Paper Describes How Terabyte Blocks Could be Applied to the Bitcoin Cash Network

'7 Million Transactions a Second' Research Paper Declares 1TB Blocks FeasibleLokad founder, Joannes Vermorel.

On Sunday, December 17 the researcher and founder of Lokad, Joannes Vermorel, published a paper called Terabyte Blocks for Bitcoin Cash. Vermorel argues that the original Bitcoin whitepaper de...

08:53

Fearing Ransomware Attacks, Companies Preemptively Buying Bitcoin Cointelegraph.com News

Ransomware has been on a rampage this year, and companies are responding by preemptively buying Bitcoin so they can unlock their data quickly if attacked. #NEWS

08:52

Market Talk- December 20, 2017 "IndyWatch Feed World"

 

Its that time of year again, when volumes are less than comfortable and many just working half-days. We saw a mixed Asian response to the US tax reforms, but to be fair we have seen plenty of upside already. Most core indices edged lower even with currency also losing ground. The Nikkei did managed a small positive return, but considering the Yen is trading near +0.6% weaker, there is probably a little room for the Nikkei cash tomorrow. The one key mover today has been in the currency markets and namely, the US Dollar. In late US trading we are starting to see the DXY edge better, reclaiming much of the recent declines.

Although the Euro was the stronger of the core basket, the same could not be said of the exchanges. The DAX (-1.1%) suffered as declines in exporters, technology and financials all traded today as the currency performed initially. The CAC held in a little (-0.5%), but again volumes were so low you could probably see a large decline on a small market sell order. GBP traded heavy late in the day as talks of slower growth and resignations hit the screens. The UKs growth target was reduced from 1.7% to 1.6% which weighed on both currency and stocks. The BITCOIN euphoria lost a little hype today with a 10% decline into the close of US trading. Catalonia goes to the polls again Thursday but not really with much anticipation it is rumoured.

After a positive opening the US markets dipped into the close, but even here volumes were extremely light. The Tax Reforms almost seem like old news now, with much apparently priced-in. As we continue to state this is good news for the US and its infrastructure and this appears not yet to have dawned on many. 2018 could very well be the year of the US markets helped primarily by capital flow. Look for this to be a key theme as we enter the New Year.

2s closed 1.86% (+1bp), 10s close 2.50% (+4bp), 30s 2.87% (+6bp), Bunds 0.4% (+3bp), Italy 1.92% (+2bp), Greece 4% (-1bp), Turkey 11.76% (-6bp), Portugal 1.74% (-4bp), Spain 1.46% (-1bp), Gilts 1.25% (+5bp).

08:52

North Korea Behind Recent YouBit Hack? NEWSBTC

Cybercrime experts are attributing the most recent Bitcoin heist to North Korea. The Wall Street Journal report that the South Korean cryptocurrency exchange YouBit is the latest victim of a malicious hacking, and that their northern neighbours are to blame. YouBit have been forced to declare themselves bankrupt after 17 percent of their digital assets were stolen. They are allowing customers to immediately withdraw three quarters of the funds in their accounts. The remaining sums will be paid out following the liquidation of the exchange.

The allegations come just one day after the US laid the blame for the WannaCry cryptographic worm attack on North Korea. ARS Technica report that White House National Security Adviser Tom Bossert stated yesterday:

We do not make this allegation lightly. It is based on evidence. We are not alone with our findings, either. Other governments and private companies agree. The United Kingdom attributes the attack to North Korea, and Microsoft traced the attack to cyber affiliates of the North Korean government.

The WannaCry ransomware attack targeted users of the Windows operating system this Spring. Its estimated to have infected over 300,000 computers across the globe. Computers and their contents were frozen and a demand of Bitcoin was then made to those affected.

These examples are not the first time that the communist dictatorship of North Korea have been implicated in such heists. Just this year, three additional attacks have been made against South Korean exchanges that are being blamed on operatives working under Kim Jong Un. The largest of which was on Yapizon, YouBits predecessor. They were compromised back in April. This digital heist saw even larger sums of cryptocurrency lifted.

A report issued back in September by cyber security firm FireEye acknowledged the motive behind North Koreas interest in digital currency. The fact that cryptocurrencies offer permission-less movement of funds across the planet makes them ideal for the purpose of laundering money and evading sanctions. Hackers can then use coin tumbling services to clean funds. Alternatively, they can exchange Bitcoin involved in a hack for a much less traceable currency like the anonymity coin Monero. Its believed that this is what occurred following the WannaCry outbreak.

For a country trying to fight off aggressive international sanctions a...

08:47

Think Coinbase Employees Engaged in Insider Trading? Deal With It. News CCN

The post Think Coinbase Employees Engaged in Insider Trading? Deal With It. appeared first on CCN

Investors who are incensed at the allegation that Coinbase employees engaged in insider trading before the exchange added support for bitcoin cash should probably reconsider their decision to invest in cryptocurrency, according to a prominent venture capital firm executive. Coinbase to Investigate Alleged Employee Insider Trading As CCN reported, Coinbase made the surprise announcement on Continued

The post Think Coinbase Employees Engaged in Insider Trading? Deal With It. appeared first on CCN

08:38

NK Absolutely Amassing Bitcoin, South Korean Exchange Bankrupted By Hack Cointelegraph.com News

North Korea is absolutely creating stockpiles of Bitcoin according to one cybersecurity CEO. #NEWS

08:25

Smart Contracts For Bitcoin? New Language Ivy Claims to Make it Easier Cointelegraph.com News

Smart contracts on Bitcoin? Chain annonces Ivy, a programming language that makes it easier to code on Bitcoins network. #NEWS

08:14

New Bitcoin Fork Introduces a Familiar Banking Service NEWSBTC

Blockchain currencies may prove to be one of the most important technological and financial innovations of our time.  Unfortunately, people dont understand what they are. In a study conducted earlier this year, just over half of the people surveyed said they had heard about Bitcoin.  But when it comes to how and why new coins are created, most people just dont get it.

Consumer confidence has been a major barrier to the widespread adoption of new coins. People dont buy what they dont understand, and the sheer novelty of many new blockchain currencies can prevent them from entering the mainstream. Unlike other Bitcoin forks, the newly announced Bitcoin fork to be released in January of 2018 Bitcoin Interest will foster a high degree of consumer confidence because it is introducing a familiar financial product to the virtual currency market.

What is a Bitcoin Fork?

Blockchain currencies are powered by miners, the people who perform transaction verifications.  In order for a transaction to be verified, the majority of the miners must agree that it follows the rules of the blockchain.  If the majority of miners decide to create new rules for the blockchain, they can branch off from the existing blockchain through a fork. The fork then continues on independently from the rest of the blockchain under its own rules.

Miners create Bitcoin forks to improve the capacity, efficiency, and security of virtual currency transactions. Bitcoin Cash, one of the most successful Bitcoin forks to date, now has a market value of about $20 billion. However, the second hard fork on the Bitcoin blockchain, Bitcoin Gold, was not as well received. In the handful of weeks Bitcoin Gold has been on the market, the new currency has been mired by fraudulent activities and security threats, making purchasing the coin even riskier that most cryptocurrency investments.

Bitcoin Interest Attracts Risk-Averse Investors

Unlike the riskier Bitcoin forks, Bitcoin Interest offers a safe, familiar financial service to virtual currency holders.  This familiarity will attract the more risk-adverse investors that have thus far shied away from virtual currency markets.

Interest-bearing bank accounts is a benefit enjoyed by most traditional bank customer. Bitcoin Interest now gives virtual currency users access to these same perks. Specifically, Bitcoin Interest is a fork on the Bitcoin blockchain that changes the rules of the currency to allow for the payment of interest on held, or parked currencies.  Coin holders can earn interest on the coins they are holding onto, combining the interest-bearing benefits of traditional bank accounts with the ease and efficiency of cryptocurrencies.

How Bitcoin Interest Works

Bitcoin Interest coin holders can get paid weekly or m...

07:55

Markets Update: Bitcoin Cash Rallies to $4000 While BTC Markets Dip Bitcoin News

Markets Update: Bitcoin Cash Rallies to $4000 While BTC Markets Dip

Bitcoin Cash (BCH) has experienced dramatic bullish action recently, gaining over 100% against USD in just three days. As of this writing, BCH is consolidating at approximately $3,800 after breaking above $4,000 for the first time ever. BCHs bullish momentum has coincided with a more than 20% drop in the price of bitcoin core (BTC).

Also Read: Investors Call Foul Play as Coinbase Parries Insider Trading Accusations

Bitcoin Cash Establishes New All-Time High

Today, BCH shattered its previous USD price record of $2,800. Bitcoin Cash quickly generated momentum and spiked upward by more than 40% from $2,800 to set a new all-time high of over $4,100 on Bitfinex. As of this writing, Bitcoin Cash comprises the third largest cryptocurrency by market capitalization, boasting a total market cap of approximately $68.7 billion. Bitcoin Cash is currently trading for approximately $3,700 after establishing a local top at the 1.618 Fibonacci extensions from BCHs mid-November rally.

...

07:50

Golds 1975 Warning on Bitcoin Futures "IndyWatch Feed Economics"

Golds 1975 Warning on Bitcoin Futures by Adrian Ash Bullion Vault TDC Note This article was written prior to the launch of bitcoin futures. In my opinion it is still too soon to determine what impact, if any,...

The post Golds 1975 Warning on Bitcoin Futures appeared first on The Daily Coin.

07:37

Crypto-Mania in Full Swing: Daily Highs and Lows Cointelegraph.com News

In one day Bitcoin has seen a significant drop, Bitcoin Cash has spiked, the SEC has stepped in and a company has cashed in on a crypto company name. #ANALYSIS

07:29

Coinbase's Bitcoin Cash Market Is Back Online CoinDesk

GDAX, the digital asset exchange run by Coinbase, has resumed trading of bitcoin cash hours after its initial and tumultuous effort.

07:27

Crypto Crackdown Begins: Bank Threatens To Close Customer Account Because Of Coinbase Purchases "IndyWatch Feed World"

It appears that the cryptocurrency crackdown by financial institutions has begun. After months of mixed signals from governments around the world regarding regulations, Lakestone Bank and Trust customer Jordan Spencer took to Facebook to post a letter he received on December 14th threatening to close his account for a policy violation.

What violation, you ask?

According to the letter (pasted below), Spencer has been utilizing the widely popular Coinbase website to make cryptocurrency purchases and deposits tied to his personal bank account. This, says loss prevention officer Louise Vermillion,  is a policy violation that needs to be discontinued immediately.

Continue reading to view the full letter

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07:26

Step Towards Legalization of Crypto in India - New Blockchain Foundation Cointelegraph.com News

The launch of Blockchain Foundation of India is particularly interesting given the legal ambiguity of Bitcoin and Blockchain in India. #ADOPTION

06:55

Japanese Internet Giant GMO Launches Bitcoin Mining Business Bitcoin News

Japanese internet giant GMO launches mining business

Japanese Internet leader GMO Group has announced today that it has launched a new cryptocurrency mining business through its European legal entity, as it aims to gain a better understanding of the virtual currency.

Also Read: Major Korean Crypto Exchange Upbit at Center of Regulatory Controversy

GMO Launches Bitcoin Mining Business

Japanese conglomerate GMO Group has introduced today a new cryptocurrency mining business that will use existing technology to mine from facilities (mining centers) in Northern Europe. The new business will gradually extend in phases, the company detailed in its announcement on December 20.

According to the companys website, GMO Internet will use 7-nanometer(nm) process technology chips in the mining process, and is currently jointly working on research and development with their alliance partner who possesses the semiconductor design technology to develop high performance computers for mining (the mining board). The company plans to launch mining operations using next-generation mining boards in the first half of 2018.

Just a week ago, GMO offered to pay its approximately 4,700 employees partially in bitcoin as an effort to promote virtual currencies throughout the group. As for the reasons behind the new move, the company explained:

Entering cryptocurrency mining business will enable GMO Internet to support mining infrastructure...

06:51

No More Hard Forks in Next-Generation Blockchain? Cointelegraph.com News

Google ranks websites in their search engine results with PageRank, while Nebulas will provide Blockchain users a way to find the most relevant information in the Blockchain world with Nebulas Rank. #SPONSORED

06:42

Dash Price Continues Surge, Jumps Over 30% In a Single Day News CCN

The post Dash Price Continues Surge, Jumps Over 30% In a Single Day appeared first on CCN

Dash price climbed higher today, rising to $1,557.97 for a market capitalization exceeding $12 billion, marketcap data from CCN shows. The price marked a record high for the currency, which began rising this past spring. Dashs rise accelerated significantly, jumping from $1,126.85 yesterday to $1,576.93 at 15:34:03 UTC today. Dash more than doubled the all-time high Continued

The post Dash Price Continues Surge, Jumps Over 30% In a Single Day appeared first on CCN

06:41

Digital Currency is the new Woo-woo WTF! ...and it is Here to Stay. "IndyWatch Feed World"

Dog Poet Transmitting.......

I am not a financial guy. I make no claims in that regard and I am not about to. I am an intuitive guy and I would be willing to match that particular feature with anyone. I was told not that long ago that things were going to change for me in many ways and I can literally see where that has been true. Bit Coin came to my attention a few months ago as a viable thing; suddenly, just like that. Someone then asked me for investment advice and if you are reading this, consider what I am about to say as a portion of that advice updated ...and use your common sense and use you own internal radar. I promise and guarantee nothing except as affirmation of promises already made by the ineffable and which you should be familiar with and if you are not then you are in some kind of trouble.

When I first started telling a particular person about Bit Coin, it was at just over a thousand dollars. They farted around and then they and certain other people all said, Okay, let's go. By that time it was at $4500.00 meaning they lost a substantial amount that could have led to them, today, having made 16 times their investment. As it is they are between 3 and 4 times.

Two nights ago I got an internal memo saying something should be done about Bit Coin Cash. I did not even know what that was. Apparently, Bit Coin Cash is some kind of a 'fork' that took place a short while ago in the Bit Coin structure. Two nights ago Bit Coin Cash jumped about 30%. This morning I saw that it had gone from $3500. to $4000+ the day previous it was at $3100. Someone who paid attention to me did very well; like thousands and thousands of dollars to the good. I have gotten another internal memo that said, put some eggs in the Ethereum basket because it will never be around $700. again. Then I got another birdie in my head that said a soon to be released virtual currency called EOS, which is presently around $5.00 (just looked and it is over $12.00) is going to multiply exponentially over and over. I was told to look into something called Privacy Currency and of course, the just released Peer Play, which will be using the app engine; Bookieis... I think, going to go through the roof! Especially because 2018 is World Cup year and I suspect that world wide it is the biggest sustained sport betting period that there is. Peer Play is a platform that levels the sports betting field and is...

06:14

Investors Call Foul Play as Coinbase Parries Insider Trading Accusations Bitcoin News

Investors Call Foul Play as Coinbase Parries Insider Trading Accusations

The operation had been underway for weeks. Had all gone to plan, Coinbase and Gdax customers would have awoken on Wednesday morning to discover that bitcoin cash trading had finally been added. Traders would relish the liquidity this new market would bring, the exchanges would scoop up more fees, and bitcoin core maximalists would soon be able to offload their bitcoin cash. In the event, everything went worse than expected.

Also read: Bitcoin Cash Jumps 70% as Coinbase and Gdax Announce Immediate Trading

The Best Laid Plans

Shortly after Coinbase announced trading of bitcoin cash was live, its price which had already been climbing rocketed across all exchanges. Shortly afterwards, things swiftly went awry. Traders piled into Coinbases sister exchange Gdax, where BCH surged to a premium of $8,500 per coin within just four minutes. It was then that Coinbase pulled the plug, suspending trading and leaving buyers high and dry with no means of exiting before the coin corrected to levels consistent with other exchanges.

...

06:00

2:00PM Water Cooler 12/20/2017 "IndyWatch Feed Economics"

Today's Water Cooler: Net neutrality, solar, Democratic wave, tax "reform," Russian trolls, home sales, Bitcoin, Uber, Monsanto, the Arctic

06:00

Bitcoin Crashes 15% As Investors Sink Money Into Bitcoin Cash "IndyWatch Feed World"

bitcoin

The bitcoin sell-off continued Wednesday after the leading platform for buying and selling the cryptocurrency, Coinbase, announced it was rolling out support for rival bitcoin cash.  Since the announcement, Bitcoin has fallen 15%.

According to RT, Coinbase said in an updated tweet that buying and selling would likely not be available until Wednesday. Bitcoin cash trading has also been suspended on GDAX until noon on Wednesday.

The news sent the value of bitcoin cash soaring more than 50 percent to $3,800 per coin. It then retreated to $3,549 per coin as of 7:20 GMT, but Bitcoin, on the other hand, which was trading at more than $19,000 on Tuesday, slid to $16,353 in less than 24 hours.

Bitcoin cash split off from bitcoin on August 1 after a group of developers decided to try to improve transaction speeds and costs. The majority of those who supported the conventional bitcoin failed to reach an agreement this fall on their own upgrade proposal SegWit2x.

At first, the split did not impact the price of bitcoin. The newly minted bitcoin cash became worth around $600 per token. However, since August, the value of all bitcoin cash in circulation has soared from about $10 billion to $60 billion.

Bitcoin payment processor BitPay and major cryptocurrency storage company Blockchain recently said they would support bitcoin cash.

The community of bitcoin supporters have also split into rival camps, with some shifting to bitcoin cash.

The co-founder of Bitcoin.com, Emil Oldenburg, recently criticized the cryptocurrency as the most risky investment you can make, after he transferred his investment to bitcoin cash. He has encouraged investors to sell the high risk bitcoin, calling bitcoin cash the future....

05:53

Bitcoin Price Watch; Heres Where Were Looking Tonight NEWSBTC

We are closing in on the end of the session in the bitcoin price space for Europe on Wednesday and yet again weve had something of a wild ride in the markets. Numerous fundamental inputs, ranging from exchange issues to reports of manipulation, are driving volatility right now and exactly where the day is going to take us as we move forward remains to be seen.

One thing we can be sure of right now, however, is that volatility is a good thing for our intraday efforts.

When we get the sort of volatility we are seeing right now, it means we in turn get plenty of opportunities to jump in and out of the markets. With our risk management parameters in place, the more opportunities we get, the better.

So, with this all said, lets put some levels in place that we can use to jump into the markets when we get any movement this evening.

As ever, take a quick look at the chart below before we get started so as to get an idea where things stand right now and where were looking to enter if we get any signals. The chart is a one-minute candlestick chart and its got our key and primary range overlaid in green.

As the chart shows, the range we are looking at for the session this evening comes in as defined by support to the downside at 16572 and resistance to the upside at 16773. If we see price close above resistance, well try and get in long towards an immediate upside target of 16850. Looking the other way, if we get a close below support, well get into a short trade towards a downside target of 16500.

Lets see how things play out and we will update our levels first thing in the morning.

Charts courtesy of Trading View

...

05:30

PR: 300E Holdings a Long Term Blockchain Investment Fund Announces Spartan Decentralized Exchange Bitcoin News

300E Holdings Decentralized Exchange

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.

In contrast to a number of hedge funds that has attracted investment in 2017 to time the market or buying into the new hype, 300E has been quietly positioning itself as a closed-end investment company to take advantage of the decade-long prospect of the blockchain and related tech.

300E is an investment company co-managed by Ira Miller (Coinapult and Guld Founder), Giuseppe Cicatelli (Bacalia Investments), Andres Mohedano (Serial IT Entrepreneur/Private Investor) and a team of close Advisors based between Canada and Panama. Alexander Nassief, an accomplished cryptocurrency investor and former consultant at Bitt, Inc., and Andre Haynes (Tokamak Co-Founder) form part of the team of early adopters that collectively invests in cryptocurrencies since 2009.

The team sees the risks of centralized trading and has developed its own automated trading P2P sales window Spartan, allowing verified parties to enter into escrowed atomic swaps and keeping all records in an immutable, distributed database for perfect audit.

Bets in 2017 have delivered stellar performance but Giuseppe Cicatelli says The markets are in a bull mode right now but only when the tide goes out we can see who has been swimming naked. We decided to back 300E as it is tremendously well positioned to make some great value investments even in a changing market. Certainly the sector can grow to a few trillion-dollars and there are certain assets that can grow ten-fold or more. As Andres Mohedano says, it is like the early days of the Internet. Disruption and enormous potential lie ahead. The road will not be straight, though.

As of now, 300E owns about a dozen different cryptocurrencies with high conviction, and has strong views on Decred, Cardano and a few platforms.

...

05:30

When to Sell Bitcoin "IndyWatch Feed Economics"

A Strategy for Deciding When to Sell Bitcoin Maximizing gains is fine, but minimizing regrets counts for a lot too. Bloomberg, December 20, 2017     Running a money-management firm provides a window into the psyches of all kinds of people: long-term investors, real estate speculators, institutional traders, tech entrepreneurs and everyone in between. During

Read More

The post When to Sell Bitcoin appeared first on The Big Picture.

05:19

Bitcoin's cryptic creator among world's wealthiest people thanks to soaring price "IndyWatch Feed World"

The anonymous person who invented bitcoin joined the Forbes' list of the world's 50 wealthiest people shortly after the digital currency hit a record $20,000 on Sunday. The world's number one virtual currency has retreated from record highs, trading around $18,000 at 13:00 GMT on Wednesday. The market value of the cryptocurrency was hovering around $300 billion, according to CoinMarketCap. The whole world is still guessing at the identity of bitcoin's mysterious creator who goes by the pseudonym of Satoshi Nakamoto. Several people have been named or have claimed credit for being the creator. In November, a 64-year-old Japanese-American Dorian Satoshi Nakamoto, who lives in California, was named as the man behind the cryptocurrency. But he denied the report.

05:07

Pan-African News Wire "IndyWatch Feed Africa"

China Needs to Embrace Cryptocurrencies Trend
By Yang Wang
Global Times
2017/12/20 23:53:40


Bitcoin is one type of cryptocurrency based on blockchain technology, which has the hash algorithm and digital signature as supporting technologies.

Most developed countries maintain a welcoming attitude toward bitcoin. Members of the EU, Germany in particular, have taken the lead in legalizing bitcoin. In return, these nations levy small taxes on transactions. In October 2011, bitcoin was pegged to the US dollar at a one-to-one ratio, which means there are exchange-rate movements.

Despite the open attitude, there are regulatory mechanisms to safeguard the emerging cryptocurrency. The UK's Financial Conduct Authority (FCA) has been developing a regulatory framework since 2014 for innovative projects like blockchain.

A so-called regulatory sandbox creates a relative safe space that allows both the innovative entities and regulators to evolve without shouldering severe consequences if the project fails. Sharing a similar legal system with the UK, the US also accommodates innovative experiments. But there is no unanimous regulatory standard among governments.

Even in the US, controversy still exists on whether to regulate bitcoin as securities or a derivative. The US Securities and Exchange Commission (SEC) believes it is more suitable to regulate it as securities because of its liquidity, while the US Commodity Futures Trading Commission (CFTC) considers it as a futures contract, since it fluctuates even less smoothly than futures and hedge funds.

05:00

Ron Paul: Fed-Led Quantitative Easing Sparked Cryptocurrency Surge CoinDesk

Ron Paul said today that he believes the U.S. government's monetary policies have fueled the rise in the price of cryptocurrencies like bitcoin.

04:56

Pantera Capitals Morehead Predicts Bitcoin Price Will Drop 50% Next Week News CCN

The post Pantera Capitals Morehead Predicts Bitcoin Price Will Drop 50% Next Week appeared first on CCN

Dan Morehead, CEO and founder of Pantera Capital and a digital currency investor, told CNBCs Squawk Box bitcoins price could fall 50 percent next week to last months lowest levels. In the long run, however, he said bitcoin will far surpass its current prices. Big blockchains such as bitcoin, Ethereum and Ripple are still young Continued

The post Pantera Capitals Morehead Predicts Bitcoin Price Will Drop 50% Next Week appeared first on CCN

04:15

Litecoin Founder Sells All His Litecoin But Promises Not To Leave Cointelegraph.com News

Litecoin (LTC) Founder Charlie Lee has sold and donated all his LTC in order to free himself from conflict of interest. He promises not to abandon the network.

04:10

Wild Speculation in Bitcoin "IndyWatch Feed Economics"

Wild Speculation in Bitcoin by Hugo Salinas Price PLATA via GoldSeek The invention of the Bitcoin has captured the imagination of the world. This has happened because the world today enjoys a system of instantaneous world-wide communication, accessible to...

The post Wild Speculation in Bitcoin appeared first on The Daily Coin.

03:59

Conflict of Interest: Litecoin Creator Charlie Lee Sells His Entire LTC Balance News CCN

The post Conflict of Interest: Litecoin Creator Charlie Lee Sells His Entire LTC Balance appeared first on CCN

Litecoin creator Charlie Lee revealed on Wednesday that he had liquidated his entire LTC balance and donated it to the Litecoin Foundation, although that does not mean he is abandoning development of the fifth-largest cryptocurrency. Charlie Lee Sells Entire LTC Balance Early Thursday morning, Lee announced on Reddit that he had sold his entire LTC

The post Conflict of Interest: Litecoin Creator Charlie Lee Sells His Entire LTC Balance appeared first on CCN

03:53

Litecoin Founder Cashes Out, Sells Entire Stake After 9,300% Rally "IndyWatch Feed World"

Charlie Lee, the creator of the worlds fifth-biggest cryptocurrency, Litecoin, announced shortly after midnight that he was cashing in his profits after a torrid, 9,300% rally in the past 12 months. In a post on Reddit, the San Francisco-based software engineer who founded litecoin in 2013, said that he sold and donated all of his holdings over the past few days.
"Litecoin has been very good for me financially, so I am well off enough that I no longer need to tie my financial success to Litecoins success. For the first time in 6+ years, I no longer own a single LTC thats not stored in a physical Litecoin" Lee said in the post.
...

03:33

How Bulletproofs Could Make Bitcoin Privacy Less Costly Bitcoin Magazine

bulletproofs

Bulletproofs, presented in a paper titled Bulletproofs: Short Proofs for Confidential Transactions and More, describe a new zero-knowledge proof system. The proposal uses on-chain scaling for privacy and suggests a new, faster and more compact way to verify privacy-enhancing Confidential Transactions (CTs). Specifically, Bulletproofs can decrease the size of these verifications for these types of transactions drastically. Furthermore, the authors of the paper Stanford Universitys Applied Cryptography Group, overseen by professor Dan Boneh have already managed to create a practical implementation for Bulletproofs.

This is how it works.

Currently, all transaction information such as wallet addresses and especially the sent amount of bitcoins are visible on the Bitcoin blockchain. This affects the privacy of all users. If we wish to pay wages via the Bitcoin network, for example, this means that every salary will be visible on the blockchain network. This, in turn, could mean that someone (like your landlord) could look up how much money youre making to try and increase your rent accordingly.

Confidential Transactions are much needed to bring any type of blockchain to a higher level of privacy. Confidential Transactions combine and utilize several cryptographic tricks so that only the sender and the receiver of a transaction are aware of the amount transacted. These cryptographic tricks let users obfuscate the amounts they are transacting while still allowing onlookers to perform math on the obfuscated amounts. Basically, anyone can still check that the sum of sent bitcoins is greater than the sum of received bitcoins.

Confidential Transactions are realized with zero-knowledge proofs. These proofs are best described as a method for proving to another party that a Confidential Transaction is valid without conveying any information about the Confidential Transaction itself.

...

03:30

Cryptocurrency Hedge Fund Hit With Class Action Lawsuit CoinDesk

A company seeking to create the world's first decentralized hedge fund has been hit with a class action alleging a fraudulent issuance of securities.

03:30

Hypnotherapy may Help you Recover Lost Bitcoins NEWSBTC

As a Bitcoin owner, one of the worst feelings is losing access to your wallet or private key. After all, storing your Bitcoin is done in such a way they cant be recovered without key information. This is only normal for most people, but it is confusing for others. Thankfully, there may be a solution in sight to recover lost passphrases and passwords. Although hypnotherapy is not necessarily the best way to go, it seems to work quite well for some.

Not everyone would go to great lengths to recover a Bitcoin wallet password or recovery seed. Noting this information down is of the utmost importance. However, people can still lose access to this information for many different reasons. The file containing this information is lost, stolen, or destroyed. Thankfully, a Bitcoin wallet can often be imported into a new solution if you have the necessary information. Hypnotherapy can be of great help to remember passwords and recovery seeds in this regard.

Hypnotherapy to Recover Lost Bitcoins

More specifically, there is a hypnotist in South Carolina specializing in this type of activity. This person helps people recall forgotten passwords or find misplaced storage devices. It can be well worth checking out if you have a Bitcoin wallet on a USB device you can no longer find. Jason Miller, the hypnotherapist, does charge a fee of one Bitcoin plus 5% of the money recovered. This means he has to be very certain about his skills. It is an interesting business model, though, and some people seemingly want to explore in a time of need.

Especially people who bought BTC years ago will benefit from this solution. We often hear stories about people losing access to a wallet. In most cases, they misplaced the device or cant remember the password. Using hypnotherapy to recover this information makes a lot of sense. At the same time, hypnotherapy is still frowned upon in social circles these days. Thats a bit unusual, considering this method has scientific roots. Its not just smoke and mirrors, nor does it require any belief in the system either.

Whether or not people will use such a method to recover their bitcoins, remains to be seen. It is certainly true a lot of coins have been lost forever. Or that is what we think, at least, unless the wall...

03:25

The Bitcoin Cash Community Prepares for Change the Address Day Bitcoin News

Bitcoin Cash Community Prepares for 'Change the Address Day'

The Bitcoin Cash (BCH) community, developers, and businesses that support the decentralized currency are preparing for Change the Address Day scheduled for January 14. At that time the BCH network and its participants will upgrade the protocols address format to one proposed by Bitcoin ABC developer Amaury Schet.

Also read: Korean Cryptocurrency Exchange Youbit to Close After Second Hack in a Year

Bitcoin Cash Plans to Upgrade Its Address Format on January 14, 2018

Bitcoin Cash Community Prepares for 'Change the Address Day'This past November news.Bitcoin.com...

03:15

Litecoin Founder Cashes Out, Sells Entire Stake After 9,300% Rally "IndyWatch Feed Economics"

Litecoin Founder Cashes Out, Sells Entire Stake After 9,300% Rally from ZeroHedge Charlie Lee, the creator of the worlds fifth-biggest cryptocurrency, Litecoin, announced shortly after midnight that he was cashing in his profits after a torrid, 9,300% rally in the...

The post Litecoin Founder Cashes Out, Sells Entire Stake After 9,300% Rally appeared first on The Daily Coin.

03:12

NYSE Owner Files to List Two Bitcoin ETFs on Arca Trading Platform News CCN

The post NYSE Owner Files to List Two Bitcoin ETFs on Arca Trading Platform appeared first on CCN

The operator of the New York Stock Exchange (NYSE) has filed with the Securities and Exchange Commission (SEC) for a proposed rule change that would allow the exchange to list two Bitcoin ETFs on the NYSE Arca trading platform. ICE Files to List Two Bitcoin ETFs on NYSE Arca According to the proposal (PDF), which

The post NYSE Owner Files to List Two Bitcoin ETFs on Arca Trading Platform appeared first on CCN

02:45

South Korea FSS: Cryptocurrency Not Actual Currency, Should Not Be Regulated Cointelegraph.com News

The South Korean Financial Supervisory Service does not plan to regulate cryptocurrencies, citing the fact that virtual currencies are not actual types of currency.

02:35

Rapper Snoop Dogg Joins the ICO Craze, DJs at SparkleCOINs LA Party News CCN

The post Rapper Snoop Dogg Joins the ICO Craze, DJs at SparkleCOINs LA Party appeared first on CCN

Word is out that Snoop Dogg is the most recent celebrity to publically support an ICO. The famed rapper was the guest of honor and DJ at SparkleCOINs ICO recent closing party in Beverly Hills, California. The event was thrown to celebrate SparkleCOINs ICO that was estimated at $15 million raised at the time of

The post Rapper Snoop Dogg Joins the ICO Craze, DJs at SparkleCOINs LA Party appeared first on CCN

02:28

CoinLion Announces A New Digital Currency Trading Platform NEWSBTC

CoinLion is a powerful trading platform that makes managing digital assets easy and efficient. The platform contains a unique portfolio management tool combined with a publishing and promotional toolset that rewards users for building and sharing portfolios, strategies, and information relating to the management of digital assets.

CoinLion will make managing hundreds of digital currencies easy and efficient and will empower the everyday user to take control of their digital holdings, said CEO Joshua DeWitt

The CoinLion Platform consists of three main components working together to maximize the user trading experience. The first is a digital currency exchange focused on giving users the best trading experience possible. The second is a portfolio management tool that allows for the creation and management of cryptocurrency portfolios. The third component is a publishing and promotional toolset that allows users to grow and build their following by creating and share portfolios, strategies, and information with other users.

The CoinLion Portfolio Management Tool allows users to create and manage multiple portfolios simply and efficiently. A user may use the portfolio management tool to purchase multiple cryptocurrencies allocated by quantity, amount or percentage. Features within the portfolio management tool allow users to reallocate portfolios and submit multiple orders with a single click.

 

Using the Publishing & Promotional Toolset users can choose to publish portfolios, strategies, and content for others to track or use in exchange for LION. The portfolio management tool lets users create portfolios, share them with other users and or across their social media channels. Portfolio creators can define a cost in LION for allowing users the right to track and duplicate a shared portfolio.

CoinLion has its own token, LION, and will be launching the token sale December 18, 2017.

LION is quite a powerful token, said CTO Justus Luthy.

Lion is the native token that interacts within the platform helping users learn, build, and grow. LION creates an ecosystem that rewards and incentivizes users to share and create portfolios, strategies and researc...

02:22

SEC Freezes Trading For Former Crypto Penny Stock Cointelegraph.com News

The US SEC suspends the trading of The Crypto Co. stocks until Jan. 3, 2018 due to concerns over sale of shares by insiders and potential manipulation.

02:20

ICE Exchange Unit Seeks to List Bitcoin Futures ETFs CoinDesk

NYSE Arca has filed with the SEC for a proposed rule change that would allow for the listing of two exchange-traded funds tied to bitcoin futures.

02:16

US Military Rushes To Study Blockchain As Hybrid Wars Loom "IndyWatch Feed World"

blockchain

President Trump signed into law the 2018 National Defense Authorization Act on Tuesday, a $700 billion defense policy bill that mandates for a briefing on cyber applications of blockchain technology. Language within the bill is part of a much wider effort to modernize the United States military, before decades of hybrid wars break out (see: US Army Is Preparing For Decades Of Hybrid Wars.)

The blockchain study, according to the bill text (Sec.1646), will create an assessment of efforts by foreign powers, extremist organizations, and criminal networks to utilize such technologies;[and] an assessment of the use or planned use of such technologies by the Federal Government and critical infrastructure networks.

Further, the study is to be delivered to Congress not later than 180 days after the date of the enactment of this act. Coin Desk adds while the study is set to be prepared by the Department of Defense, the final report could include input from other federal agencies and departments.

Not later than 180 days after the date of the enactment of this Act, the Secretary of Defense, in consultation with the heads of such other departments and agencies of the Federal Government as the Secretary considers appropriate, shall provide to the appropriate committees of Congress a briefing on the cyber applications of blockchain technology.

So you ask, what is blockchain? And why would the Department of Defense be interested in this technology?

Coin Desk further notes,

And though it constitutes a minor element in major funding law, the measure, proposed by Sen. Rob Portman of Ohio, could help spur investigation into possible blockchain uses within the U.S. government, some observers say.

Blockchain was clearly one...

02:00

EOS Raises $700M Despite Token Affording No Rights, Uses, Purpose, or Features Bitcoin News

EOS Raises $700 Million Despite Tokens Affording No "Rights, Uses, Purpose, Attributes, Functionalities or Features" to Investors

Block.ones EOS ICO has raised approximately $700 million USD, despite EOS FAQ page clearly stating that token-holders will not be afforded any rights or functions. The token sale currently comprises the largest ICO to date, with the company anticipating a launch in June 2018.

Also Read: Centra ICO Faces Class Action Lawsuit, Accused of Violating US Securities Laws

EOS Year-Long ICO Raises Roughly $700 Million USD So Far

...

01:45

Bitcoin Price Recovers Past $17,000 as Bitcoin Cash Surges News CCN

The post Bitcoin Price Recovers Past $17,000 as Bitcoin Cash Surges appeared first on CCN

Bitcoin price recovered past $17,000 on Wednesday morning, even as the bitcoin cash price continued to surge as a result of its listing on Coinbase. As CCN reported, Coinbase and GDAX abruptly listed bitcoin cash on their trading platforms last night, further inciting volatility in an already rocky market. To make matters worse, the rollout

The post Bitcoin Price Recovers Past $17,000 as Bitcoin Cash Surges appeared first on CCN

01:42

Waiting Game: Bitcoin Cash at Record High Ahead of Coinbase Relaunch CoinDesk

Bitcoin cash is resurgent today, despite some controversy over the cryptocurrency's listing on the Coinbase exchange.

00:52

DASH and Litecoin Analysis December 21, 2017 NEWSBTC

DASH/USD

DASH has gone parabolic during the trading session on Wednesday, slicing through the $1500 level at one point. It looks as if short-term pullbacks will offer buying opportunities though, so therefore I think being careful bullish is probably the best way to go in this market as it looks like a market that is ready to launch much higher.

 

LTC/USD

Litecoin had a very quiet session on Wednesday, but it looks as if we are continuing to try and form a bit of support just below, with $300 being a very important level overall. I believe that buying the dips continues to be the way going forward as Litecoin looks very bullish.

Thanks for watching, Ill be back tomorrow.

...

00:45

Blockchain For Hospitals: Document Distribution Platform Announces Key Partnerships Cointelegraph.com News

Aston, a Blockchain platform for document distribution, announces two key partnerships at this years BlockShow Asia

00:45

Ethereum Analysis December 21, 2017 NEWSBTC

ETH/USD

Ethereum dips initially during the trading session on Wednesday, but bounce enough to reach towards the $830 level. I believe that we are going to continue to go higher, perhaps reaching towards the $875 level again. The buyers returning is a good sign as value hunting continues. Volatility will continue as volume drops ahead of Christmas, but longer-term we should go higher.

 

ETH/BTC

Ethereum has gone sideways against Bitcoin over the last 36 hours as we are topping out near the 0.046 level. If we can break down below the 0.044 level, then I would be a seller. Otherwise, we may go looking towards the 0.05 handle above which is a large, round, psychologically significant number.

Thank you for watching, Ill be back tomorrow.

...

00:44

Coinbase Probes Insider Trading Allegations with Bitcoin Cash Launch News CCN

The post Coinbase Probes Insider Trading Allegations with Bitcoin Cash Launch appeared first on CCN

On December 20, employees and contractors of Coinbase, the worlds largest bitcoin brokerage and wallet platform, were accused by many members of the bitcoin community for insider trading. Abrupt Bitcoin Cash Price Surges Occurred in the Past Amongst the many critics was George Kikvadze, the vice chairman at Bitfury, who described the sudden surge in

The post Coinbase Probes Insider Trading Allegations with Bitcoin Cash Launch appeared first on CCN

00:39

Bitcoin Analysis December 21, 2107 NEWSBTC

BTC/USD

Bitcoin has been a bit volatile during the trading session on Wednesday, as we reached down towards the $16,000 level. We have rallied significantly since then though, so it looks as if the buyers are coming back to pick up this value. On these dips, the poor quick to buy as the markets have been so hot as of late. I believe this will continue to be the case going forward, with $20,000 being the target.

 

BTC/JPY

Bitcoin went sideways during most of the day, but did eventually reach towards the 2.1 million level. The 1.9 million level underneath has offered support, and I think we are ready to continue to go higher, but short-term pullback should be buying opportunities as they offer value.

Thanks for watching, Ill be back tomorrow.

 

...

00:25

Nigeria Experiences Spike in Bitcoin Adoption Bitcoin News

Nigeria Experiences Spike in Bitcoin Adoption

Nigeria has witnessed a recent spike in bitcoin adoption, with the P2P markets setting a new record for trading volume thus far during the week of the 16th of December. Nigeria comprises the most recent African nation to experience a spike in cryptocurrency adoption, with Zimbabwes bitcoin prices having been among the highest worldwide for a large portion of 2017.

Also Read: Nigerian NDIC Warns That Cryptocurrencies Lack Consumer Protections

Nigerian P2P Bitcoin Markets Set Record for Trading Volume

Nigerias local bitcoin markets have established a record high for trading volume, with nearly 1,950,000,000 Nigerian Naira worth of BTC exchange hands so far during the week of the 16th of December. According to cryptocompare, Nigerian Naira/BTC trade comprises the 23rd largest bitcoin market by national currency as of this writing, seeing 101.45 bitcoins traded in the last 24 hours. The Naira/BTC trade accounts for approximately 0.03% of global bitcoin trading.

...

00:25

Legaltech Blockchain Startup Agrello Partners with Hardware-Based Cybersecurity Provider Rivetz NEWSBTC

December 15, Tallinn, Estonia  Agrello, a company providing blockchain-based Legaltech and digital identity services, has partnered with Rivetz to provide an innovative, proprietary hardware-based cybersecurity mechanism for digital identities. This way, an extremely safe and easy to use digital ID is created.

Agrello provides a cryptographically secured, blockchain-based digital ID, which its users can employ  to identify themselves anywhere online. The Agrello ID service can be used to sign contracts or to undergo Know-Your-Customer processes in a few seconds. Rivetz provides a toolkit to access the Trusted Execution Environment (TEE), which is built into most modern mobile devices.

Based on Rivetz innovation, the Agrello ID application will be able to bypass a users phones Operating System, and thereby potential malware installed on it providing absolute protection from identity theft, data breaches, and most cyber-attack vectors.

Commenting on the newly formed partnership, Agrello CEO Hando Rand stated

In cooperation with Rivetz, we can take our ID system to the highest level of security assurance, providing the uppermost form of protection available today. This will allow us to expand our client base to new enterprise customers with higher levels of risk in their operations.

Steven Sprague, Rivetz CEO, added

Agrello provides state of the art identity services that meet the needs of modern users. We are very pleased to collaborate with them to deliver a new token powered model for Identity and security, providing the safety and simplicity required by the market.

Digital Identity is generally regarded as one of the most pressing problems of the internet based-economy today. With this recently announced partnership, Agrello and Rivetz seek to provide a new and simple model for the user to deliver provable attributes and assert their identity and reputation online.

About Agrello
Agrello, is an Estonian blockchain startup, developing business-ready smart contract solutions. Agrello provides everything one needs to create, sign, and manage contracts online, secured by blockchain technology.

 

...

00:20

Litecoin Creator Sells Stake Citing 'Conflict of Interest' CoinDesk

The creator of litecoin is no longer an investor in the cryptocurrency, according to a post he authored on Reddit Wednesday.

00:18

False Start: Coinbases GDAX Halts BCH Trading Hours After Starting Cointelegraph.com News

Just hours after it first opened order books for BCH, Coinbases exchange GDAX halts trading, citing significant volatility

00:10

Coinbase to Probe for Breach in Bitcoin Cash Listing CoinDesk

Exchange startup Coinbase is taking steps to ensure its policies were followed over allegations employees may be trading on preferential information.

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Wednesday, 20 December

23:58

10 Wednesday Reads "IndyWatch Feed Economics"

We are midway through the 60 days of winter darkness. Fight through it with our morning train reads:  Why you cant cash out: Why Bitcoins price is largely fictional (David Gerard)  In Americas Most Middle-Class City, the Mall Is Dying. Heres Why (Wall Street Journal) see also Americas Great Renter Boom Is Over (Slate)  Let it go: The

Read More

The post 10 Wednesday Reads appeared first on The Big Picture.

23:56

IQeon a project that will open new opportunities for the game community NEWSBTC

The inability to transfer winnings into fiat money remains the main problem of game-industry. According to statistics, less than 3% of users manage to monetize their achievements. Sometimes illegally, sometimes affected by fraud. But today we can already talk about the revolution in the intellectual game industry. With the launch of decentralized gaming PvP platform IQeon gamers have the opportunity to earn on their gaming achievements, withdraw wins and dispose them as they want.

What makes IQeon considered to be a breakthrough project with a huge potential? The world market of mobile intellectual games is $ 4.9 billion. It is characterized by a constant increase in the audience. Logical games, according to the results of the survey held by SurveyMonkey Intelligence, occupy a leading position in terms of time spent by users in the game. According to the number of downloads and the number of active users, intellectual games occupy the third place. The huge popularity of intelligent games and the huge number of users who need the ability to withdraw and use the money earned in games are vivid.

IQeon platform was created to offer the users:

  • safe and effective monetization of gaming achievements;
  • possibility to organize competitions with confederates;
  • opportunity to buy game items for winnings;
  • earn IQN tokens and transfer them into real money.

Thanks to the API function, an honest selection of the winner as well as transfer of money to his account are guaranteed.

IQN tokens earned in one game can be used in any other game in the ecosystem. Thus, the user wont lose the earned money while changing the game!

IQN token will be released on the basis of Ethereum. It will be compatible with third-party services. After the launch of the platform it will be possible to buy and sell IQN token on crypto-exchanges.

The price of the IQN token will grow with the increase in users, developers and the number of games connected to the system. The platforms own exchange will allow users to exchange IQN for other crypto-currencies. Safety and anonymity of transactions, secure protection of users data, the ability to output tokens on Mastercard these and other features are the key advantages of the IQeon platform.

Growing the project from a promising idea to a developed and functioning product, promotion, ensuring the reliability and security of IQeon all of these has been done by a close-knit team of professionals, who constantly make efforts to improve the platform. Our specialists under their belt have many years of successful company management, investments attraction, development and implementation of hundreds of projects for various business areas around the world.

In such reliable hands the IQeon platform can be sure...

23:56

The Social Network of the New Generation HeartBout with a Decentralized Reward System of Users Activity Conducts Pre-ICO NEWSBTC

Today it is obvious that there is a worldwide growth in the comprehensive popularity of social networks among users around the world. As a consequence, the time that people spend in social networks during the day, is constantly growing. Have you ever wondered how much time you devote to social networks? An average user spends about two hours a day on social networks, which is equivalent to five years and four months over a lifetime. Quite a significant number! How to make it so that the user would spend this time with the benefit and interest for himself, showing maximum activity, and turn the social network into an effective large-scale platform for advertisers? The HeartBout project will answer this question.

Introduction to HeartBout

HeartBout is a social network of the new generation with a decentralized reward system based on a blockchain technology. HeartBout is not an ordinary social network, but a kind of forward step in this area, because the users activity here is no longer limited to the usual likes. Users directly take a part in the creation of the content and get the reward for this in the form of HBC cryptocurrency. The more often people use HeartBout social network, the more they can get HBC. Thus, the idea of the HeartBouts creators is to monetize the users activity for publication, voting or comment. In addition, they plan to ensure the issue of HBC tokens with the advertising capabilities of the social network.

Key functions of the HeartBout social network

With the help of hot hearts, the so-called likes, and cold hearts, a kind of dislikes, users of the HeartBout social network assess its content. The social network contains the feed, which allows the user to create publications and leave comments, assess publications and comments with hot or cold heart. The content in HeartBout, including publications and comments, is filtered by categories hot, new, best, not sure. The category that a publication or comment is put into depends on the user reaction to it, i.e. the number of hot and cold hearts. In addition, the user can independently create categories by interests in his feed and fill them with the desired tags. The users profile will reflect all the necessary information about him, including his subscriptions and subscribers, the number of HBC tokens he holds. Unlike other social networks, HeartBout will allow users to issue a Challenge for another person having specified a rate in HBS tokens, due to which publication will compete with the post of the user to whom the Challenge was thrown. Other users will vote for the post they like. As a result, the winner of the Challenge gets his/her rate and the opponent&...

23:54

Danish Central Bank Chief Wants You to Stay Away from Dangerous Bitcoin News CCN

The post Danish Central Bank Chief Wants You to Stay Away from Dangerous Bitcoin appeared first on CCN

The director of Denmarks central bank has warned investors to stay away from bitcoin, comparing the cryptocurrency to tulipmania in the 1600s. In an interview with state broadcaster DR published this week, Danmarks NationalBank director Lars Rohde warned investors to steer clear of bitcoin, calling it an alternative to casinos that is dangerous. In translated Continued

The post Danish Central Bank Chief Wants You to Stay Away from Dangerous Bitcoin appeared first on CCN

23:30

Jim Rogers: I Have Never Seen Anything Like Bitcoin (Video) "IndyWatch Feed Economics"

Jim Rogers: I Have Never Seen Anything Like Bitcoin Video KitCo News Famed investor and best-selling author Jim Rogers says that he has seen a lot of bubbles in his career, but that Bitcoin is in a league of...

The post Jim Rogers: I Have Never Seen Anything Like Bitcoin (Video) appeared first on The Daily Coin.

23:25

How Low Can Bitcoin Go? Charts Hint $11k in Play CoinDesk

How low can bitcoin go? A look at the charts suggest a bearish price reversal could extend through the weekend.

23:00

Nicolas Dorier Claims Bitcoins Network Issues are Normal and how This is a buy Opportunity NEWSBTC

A lot of people are frustrated about the way Bitcoin works right now. High fees, slow transactions, and a lack of improvements are definitely hurting the worlds leading cryptocurrency. Nicolas Dorier thinks none of this is a problem whatsoever, though. In fact, he goes as far as stating how all of this creates a new buying opportunity for people looking to buy Bitcoin.

Using Bitcoin has become pretty problematic in the past few months. It is quite slow to use more often than not, and the fees are skyrocketing as we speak. The average user isnt too pleased with this development, for obvious reasons. Nicolas Dorier, a Bitcoin developer, isnt too bothered by this development whatsoever. His recent tweet paints an interesting, albeit slightly odd picture.

Nicolas Dorier Doesnt Mind Bitcoins Issues

More specifically, he thinks people need to chill out over the Bitcoin issues. That is pretty interesting, albeit people who effectively use Bitcoin wont necessarily agree. In fact, theres a fair amount of friction in this regard. New topics and social media posts about fees and slow transactions pop up every single hour. It is evident this situation needs to be resolved, but that will be much easier said than done.

One thing working in Bitcoins favor is how the block time hasnt been affected all that much. More specifically, the blocks are still around 10 minutes apart. It doesnt solve the delay for transactions whatsoever, but its a positive factor which shouldnt be overlooked. Nicolas Dorier makes a good point in this regard, though. Whether or not the general user will care about this positive aspect, remains to be seen. It is good to know some things havent partially degraded, though.

The big question is whether or not these issues affect...

23:00

Singapore Central Bank Urges 'Extreme Caution' on Bitcoin Investment CoinDesk

The Monetary Authority of Singapore has become the latest financial watchdog to issue a warning on the risks of investing in cryptocurrencies.

22:59

Major Korean Crypto Exchange Upbit at Center of Regulatory Controversy Bitcoin News

Major Korean Crypto Exchange at Center of Regulatory Controversy

The South Korean cryptocurrency exchange affiliated with Kakao Talk has recently become the center of regulatory controversy. Upbit is the only major exchange in Korea that has not joined the other exchanges in support of self-regulation. Their agreement with Bittrex raises the question of how the regulation applies to them. Meanwhile, the exchange is having its own internal problems as customer complaints mount.

Also read: South Korea Clarifies Position After Reports of Possible Ban on All Crypto Transactions

Upbit at the Center of Controversy

Major Korean Crypto Exchange at Center of Regulatory ControversyUpbit is the cryptocurrency exchange integrated into South Koreas most popular chat app, Kakao Talk, which is installed on over 95% of all smartphones in the country. Over 120 cryptocurrencies are listed on the platform, thanks to a partnership with the US-based exchange Bittrex. By offering the largest selection of cryptocurrencies in Korea and leveraging the Kaka...

22:45

The Hottest, Largest-Ever Cryptocurrency ICO Mindblower "IndyWatch Feed Economics"

The Hottest, Largest-Ever Cryptocurrency ICO Mindblower by Wolf Richter Wolf Street But regulators are waking up. Click here to sign up for The Daily Coin FREE newsletter covering precious metals, war, health and prepper suggestions! Block.one, a software startup registered in the Cayman Islands...

The post The Hottest, Largest-Ever Cryptocurrency ICO Mindblower appeared first on The Daily Coin.

22:29

Bitcoin Cash Surges by 50%, Market Optimistic on Coinbase Integration News CCN

The post Bitcoin Cash Surges by 50%, Market Optimistic on Coinbase Integration appeared first on CCN

The Bitcoin Cash price has surged by more than 50 percent over the past 24 hours, triggered by the South Korean markets abrupt increase in demand and the integration of the cryptocurrency by Coinbase. Coinbase Briefly Halts Bitcoin Cash Trading Due to Volatility Earlier today, on December 20, the global cryptocurrency exchange markets largest brokerage Continued

The post Bitcoin Cash Surges by 50%, Market Optimistic on Coinbase Integration appeared first on CCN

22:01

Morgan Stanley: Hedge Funds Poured $2 Billion into Cryptos in 2017 CoinDesk

Banking giant Morgan Stanley has estimated that hedge funds invested $2 billion in cryptocurrencies this year.

22:00

Bitcoin Price Watch; Riding The Run NEWSBTC

Overnight action was a real roller coaster in the bitcoin price, with things initially taking a steep turn to the downside and correcting considerably before recovering somewhat to trade pretty strongly into early morning Europe. With any luck, we will see a continuation of this strength as the European session matures and, as far as key levels are concerned, we should have some pretty solid ones in place given the strength with which we are trading right now.

So, with this said, lets get things outlined for the forward session and see if we can jump right into the market and take profit on any action. As ever, take a quick look at the chart below before we get started so as to get an idea where things stand and where we are looking to jump in and out of the markets as and when things move. It is a one-minute candlestick chart and it has our primary range overlaid in green.

As the chart shows, the range that we are looking at for the session right now comes in as defined by support to the downside at 17457 and resistance to the upside at 17634. If we see price break through resistance, we will enter into a long trade with an immediate upside target of 17700. A stop loss on this position somewhere in the region of 17600 (current prices) will ensure we are taken out of the trade if and when things turn against us.

Looking the other way, to the downside, we will look out for a close below support to signal a short entry. The same concept applies, just in reverse, so we will target a downside profit-taking exit point in and around 17380 and we will place a stop loss somewhere in the region of 17480 to get us out in case things turn bad.

Lets see what happens.

Charts courtesy of Trading view

...

21:59

Litecoin Creator Charlie Lee Reveals He Sold All His Litecoin Bitcoin News

Litecoin Creator Charlie Lee Reveals He Sold All His Litecoin

Litecoin creator Charlie Lee has revealed on social media that he sold and donated all his LTC holdings over the past few days. The announcement was meant to show he no longer has a conflict of interest in promoting the altcoin but the timing has sparked some backlash against Lee.

Also Read: Thomson Reuters Adds Bitcoin Cash to Eikon Platform

Going Light on Litecoin

Litecoin Creator Charlie Lee Reveals He Sold All His LitecoinFounder of litecoin Charlie Lee has informed the community today that he no longer has any meaningful direct exposure to the cryptocurrency, having sold and donated all his LTC ho...

21:35

The World Crypto Economic Forum is bringing together some of the worlds most notable crypto leaders NEWSBTC

Dont miss out on the first crypto event of the year in the Bay Area

The WCEF, being held January 15 & 16th, 2018 in the South San Francisco Conference Center, will bring together entrepreneurs, crypto enthusiasts, and thought leaders to discuss the ever changing landscape of this fast evolving blockchain economy.

Just announced, Nick Szabo computer scientist, legal scholar, and cryptographer who has spent many years developing ideas around cryptocurrencies, including the phrasing and concept of the smart contract will be performing at the event. Michael Arrington, Founder at TechCrunch and XRP Capital, is another keynote speaker. Among other speakers are successful entrepreneurs and blockchain experts including Bill Barhydt (Abra), Joey Krug (Augur/Pantera), Justin Newton (Netki), Toni Lane Casserly (Culture), Igor Barinov (Oracles Network), Miko Matsumura (Evercoin) and others. Their talks will cover all facets of the digital economy from blockchain tech to new economic models using tokens.

In addition to keynote presentations and panel discussions, WCEF will feature lightning talks, power networking sessions, and both a token pitch and hackathon contest.

Find more information on the website: http://wcef.co/

Get your early bird ticket now: https://www.eventbrite.com/e/world-crypto-economic-forum-tickets-40798780250

...

21:35

Another South Korean Bitcoin Exchange Hacked, Files For Bankruptcy NEWSBTC

Seoul-Based South Korean bitcoin exchange Youbit has admitted to suffering a major security breach that led to the loss of a fifth of user funds stored on the trading platform.

Youbit to Proceed With Bankruptcy Proceedings

In an announcement, Youbit told its users that they will only be able to withdraw 75 percent of their funds stored on the exchange. The company stated that the rest will be credited to the users after the final bankruptcy proceedings are settled.

The official statement of Youbit read:

We sincerely apologize about the delay in the our announcement of the hacking attack and security breach we had experienced. Currently, we are cooperating with law enforcement and third party investigators to evaluate the breach. We are trying everything in our capability to minimize the losses of our users and we are considering several ways to handle this situation. We would like to apologize again for disappointing our users.

Since 2014, Youbit has served the South Korean cryptocurrency exchange market with a trading platform insured by a major South Korean insurance companies DB Insurance and Comodo. It had also partnered with KB Bank, the second largest commercial bank in South Korean behind Shinhan, to provide its clients with escrow accounts.

It amassed the interest of local cryptocurrency and bitcoin traders by marketing the Youbit trading platform as a fast and simple digital currency exchange for both casual and professional traders.

Third Bitcoin Exchange Hack in South Korea

Youbit is the third bitcoin exchange in South Korea to be hacked in 2017, along with the worlds second largest cryptocurrency exchange Bithumb and Yapizon.

Bithumb and Yapizon suffered minor security breaches throughout this year and have been responsible for the theft of user identities and user funds. Bithumb in particular suffered two major hacking attacks in a span of months. In its first hacking attack, Bithumb compensated $2 million to the exchanges users. The second security breach led to the leak of sensitive user information, and the company was fined by the South Korean government as a result.

Bithumbs official announcement in July read:

The employee PC, not the head office server, was hacked. Personal information such as mobile phone and email address of some users were...

21:34

US Military Rushes To Study Blockchain As 'Hybrid Wars' Loom "IndyWatch Feed World"

President Trump signed into law the 2018 National Defense Authorization Act on Tuesday, a $700 billion defense policy bill that mandates for a briefing on cyber applications of blockchain technology. Language within the bill is part of a much wider effort to modernize the United States military, before decades of hybrid wars breakout (see: US Army Is Preparing For Decades Of Hybrid Wars.)

21:30

PR: Mattereum and InsurePal Sign Letter of Intent to Collaborate on Effective Mass Use of Blockchain Bitcoin News

Mattereum and InsurePal Collaboration

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 Central Issue for Blockchain Expansion is Trust

Mattereum and InsurePal signed a letter of intent to collaborate in using blockchain to empower individual users of the technology, recognising that public and individual trust is central to the future of widespread acceptance of the blockchain, a digitized, decentralized, public ledger of transactions.

Their shared vision is of a future blockchain economy with three pillars: insurance, arbitration and identity. InsurePal will offer insurance of blockchain business transactions while Mattereum will act as a decentralised court of arbitration for disputed smart contracts. The collaboration will bring together InsurePals social proof model of shared-risk insurance and Mattereums dispute resolution infrastructure, both underpinning and boosting the growth of the user-managed crypto-economy. Together, insurance and dispute resolution support claims about identity that can be relied upon because those claims can be insured and compensation in case of misidentification can be legally enforced.

The decentralized economy is a rapidly growing alternative economic sphere. Crypto currencies have already attracted many investors and the underlying technology is quickly evolving into a new ecosystem for business, offering ever more value to its users.

With constantly improved engineering, a new internet era is emerging that will, over the next decade, radically change business processes by e...

21:26

Indias Tax Authorities to Issue Notices to 500,000 Bitcoin Traders News CCN

The post Indias Tax Authorities to Issue Notices to 500,000 Bitcoin Traders appeared first on CCN

Indias Income Tax (IT) department is set to issue notices to up to 500,000 bitcoin adopters trading the cryptocurrency in exchanges across the country. Indias tax suits are widening their probe into bitcoin investments and trading after last weeks visits to at least 9 bitcoin exchanges in various parts of the country. At the time, Continued

The post Indias Tax Authorities to Issue Notices to 500,000 Bitcoin Traders appeared first on CCN

21:15

Ned Schmidt Owns No Bitcoin! (Video) "IndyWatch Feed Economics"

Ned Schmidt Owns No Bitcoin! Video Financial Survival Network Its no secret that Ned Schmidt isnt a fan of Bitcoin and crypto currencies. He believes that when push comes to shove, and it will, investors will flock back to...

The post Ned Schmidt Owns No Bitcoin! (Video) appeared first on The Daily Coin.

21:00

GDAX Halts Bitcoin Cash Trading due to Suspicious Orders NEWSBTC

It has been a pretty interesting day for cryptocurrencies. More specifically, the Bitcoin Cash price is going bonkers right now. This is mainly due to GDAX and Coinbase enabling Bitcoin Cash support. As was to be expected, this momentum caused some sort of issue. The company decided to suspend all BCH trades for a while after mysterious riders showed up on the site. Buying Bitcoin Cash for over $9,000 is rather odd.

It was a matter of time until Coinbase decided to add Bitcoin Cash. Support for this altcoin has been rumored for some time now. With GDAX enabling BCH trades too, things will get very interesting moving forward. That is, assuming the company can keep their trading operation going. Trading across both platforms has been halted temporarily as we speak. It is a bit unclear as to why this has happened. According to GDAX, trading will be resumed later today at 9 AM PST. A brief reprise may be a good thing for markets to calm down.

Bitcoin Cash Trading Momentum Causes Some Issues

More specifically, there has been some interesting trading momentum for BCH. It became evident some people might attempt to manipulate the order book. Buying Bitcoin Cash for $8,000 and more is well over the market price. Several of such orders were created and filled. It is possible Coinbase and GDAX may reverse some of these trades moving forward, though. After all, a lot of people made and lost money in a very suspicious manner.

Although none of these orders went through for vast amounts of money, it is evident something doesnt add up. While the initial excitement was to be expected, so was the attempt to manipulate things. It only took just over an hour before things got out of hand. No one can deny cryptocurrency users are always looking for ways to make money in one way or another.  This incident is unfortunate, but it seems the situation will be rectified pretty soon. Significant volatility is always normal, but such wild swings are rather uncommon.

For now, none of this affects the Bitcoin Cash price in any way. The popular altcoin has set another new all-time high even before trading began. Full support for BCH is still the plan for both Coinbase and GDAX...

21:00

Bitcoin No Threat to Financial Stability, Say European Economists CoinDesk

A group of university economists believe bitcoin is no threat to the financial stability, though regulatory oversight needs to be increased.

20:43

The Second Round of e-Chat ICO, First Decentralized Messenger, Ends in 10 Days! NEWSBTC

The e-Chat team managed to develop the Blockchain-based instant messaging system that enables the financial transactions within the system. The users assets are stored in e-Chat cryptowallets with the best protection and encryption mechanisms implemented. The startup has already gone through the pre-ICO and the First Round of ICO. The Second Round of e-Chat ICO starts on December 16 and ends on December 30, 2017. It is the shortest ECHT token presale period among the 3 planned, which lasts only for 15 days. The price of 1 ECHT token is $0.80.

The e-Chat international management team advocates for the highest level of confidentiality and security of your personal data. The e-Chat is a cross-platform app with a user-friendly interface. Moreover, it is free and absolutely protected against blocking from the side of institutions and governments.

The e-Chat cryptowallet enables the storage and transfer of your assets in ECHT and the leading cryptocurrencies. The unique feature of the cryptolike allows the connection of your cryptoassets with the standard function of the upvote. If there is the engaging content in your newsfeed you could instantly transfer some funds to the author.

The project is gaining weight worldwide as the e-Chat team is actively participating in conferences, summits, meetups and ICO battles. During the First Round of e-Chat ICO, this startup became a partner of the Cryptoconference held in Tokyo and was spotted among the Gold Sponsors of the Blockchain summit in London. Among the recent events where e-Chat team players had an opportunity to speak about the project were the biggest Blockchain Conference BlockShow Asia 2017, 6th China Forex Expo and Cryptospace in Moscow. The e-Chat community has also significantly grown, especially the subscriptions to their social network pages.

Get it on Google Play or App Store, try it out and enjoy the highest level of protection against breaches, cyberattacks and meddling from any third parties.

Make up your mind and support the first decentralized social messaging platform. Stay tuned, visit the official e-Chat website, where you can also find the whitepaper of the project.

 

Unit 25A,

Wing Hing Commercial Building,

139 Wing Lok Street,

Sheung Wan, Hong Kong

+8 (528) 009-06441 Hong Kong

https://ico.echat.io

 

 

...

20:40

The Anatomy of Genesis Mining Rig NEWSBTC

Crypto mania is taking the world by storm!  From reaching a combined $600 billion market cap, to Bitcoin trading at $20k on some exchanges, there seems to be no stopping the rise of digital currencies.

There are many ways to cash in on the potential that crypto has to offer, one of them being mining.  This is the process where each transaction or record on the blockchain network is verified.  As a reward for their contribution to the network, the miners receive freshly generated cryptocoins.

The cryptocurrency mining process is extremely processor as well as power intensive, and can get expensive if tried individually at home. Not to mention, the mining process requires specialized hardware, which has to be set up by oneself along with the power supply to feed the hardware. Genesis Mining steps in here to make the whole process easier, allowing interested cryptocurrency community members to be part of the mining community without going through any of these hassles. On a mission to democratize mining, the company is providing accessible and affordable cryptocurrency mining solution to the masses.

Genesis Mining provides cloud-based mining services to small- and large-scale investors.  Their mining farms already have all of the equipment set up.  In fact, the platform has the best Bitcoin and Altcoin-mining hardware and software available and running already.

The representatives of Genesis Mining have recently taken an initiative through their EvolveWithUscampaign to explain cryptocurrency mining and their services in the sector to the general public to increase awareness about the process and the companys offering.

What is a Mining Rig?

Stefan Schindler, CTO representing Genesis Mining offers a simple definition for the most crucial hardware in the mining operation by saying,

A mining rig is basically a computer, but is stripped down to the minimum in terms of computing, and up to the maximum in terms of mining.

 

The Evolution of Mining

Mining had previously been done on a computers processor.  However, as the industry grew, so did its mining requirements.  Processor mining took an enormous amount of power, and an alternative was eventually adopted Graphic cards. Graphics Cards or GPUs, proved to be more efficient at processing transactions, and didnt use nearly as much power, resulting in a classic work smarter, not harder approach....

20:38

Debt Rattle December 20 2017 "IndyWatch Feed Economics"

Claude Monet Houses of Parliament, Sunset 1904   Bitcoin Plunges Over $2,500, Bounces Back Somewhat, Bitcoin Cash Surges (MW) Coinbase Enables -Then Disables- Bitcoin Cash Trading: Insider Trading? (BI) From Bitcoin To Hashgraph: The Crypto Revolution (Mike Maloney) Is It 1999? 2007? Or Both? (Roberts) China Is Having Second Thoughts

The post Debt Rattle December 20 2017 appeared first on The Automatic Earth.

20:34

Cryptocurrencies explained by AionNext NEWSBTC

Are You Ready for the Cryptocurrency Revolution?

An ancient Chinese curse goes something like this: May you live in interesting times. When it comes to something as fundamental to human interactions as money, the beginning of the 21st century has been interesting indeed, thanks to a little development called cryptocurrency. Emerging in 2009, Bitcoin was the first contestant in the digital cash realm, but others soon followed, and there is no letup in sight. But what exactly is a cryptocurrency and should you even care? The underlying technology that makes cryptocurrency possible is about to explode onto society in an even bigger way than it already has.

The World Before Bitcoin

To understand how intrinsically Bitcoin differs from the traditional money system requires a quick review of how financial systems operated up until now. The paper cash and metal coins in your pocket are precisely regulated by the government and central banks. This is where cryptocurrencies diverge. They are a decentralized alternative money system that is beholden to no higher authority.

As one might surmise, it is digital in nature and involves no physical manifestation, existing only as lines of secure code on a server somewhere. While not accepted broadly by mainstream retailers yet, digital currencies have already found kindred spirits in those who support an anonymous, secure, transparent money system. And when mainstream currency brokers like AionNext decide to offer online trading of cryptocurrencies, can the tipping point to mass approval be far behind?

The First Cryptocurrency

In 2009, either a single person or group of people going by the name Satoshi Nakamota created and released Bitcoin, the worlds first cryptocurrency. The idea of a currency that operates outside official government control has created a sense of unease among many. In the first years following Bitcoins release, countries have scrambled to come up with a way to define the legal status of this upstart currency. China banned its banks from using cryptocurrency. Russia hasnt made them illegal to possess, but you cant buy anything in that country unless you use the ruble.

As far as the United States is concerned, Bitcoin and its variants are treated as property for tax purposes, which means capital gains are due when you sell them at a higher value than what you paid. Online traders, especially those already familiar with the Forex market, love the idea of trading an asset that shows some of the upward mobility tech stocks demonstrated in the late 1990s. In fact, AionNext has updated their trading platform to incorporate Bitcoin, Ethereum, and Dogecoin.

Behind the Cryptocurrency Curtain

In the years since Bitcoins introduction, the number of different cryptocurrencies has grown to around 1,100, most of which operate on si...

20:33

Bitcoin Price Falls Below $16,400, Loses Nearly 15% in Major Correction News CCN

The post Bitcoin Price Falls Below $16,400, Loses Nearly 15% in Major Correction appeared first on CCN

Bitcoin price has declined from $19,000 to $16,390 over the past 24 hours, as the bitcoin dominance index dipped dropped to 47 percent and alternative cryptocurrencies in the market surged in value. On December 20, the bitcoin price decreased by more than 10 percent, and its market valuation dropped from a weekly high of $331 Continued

The post Bitcoin Price Falls Below $16,400, Loses Nearly 15% in Major Correction appeared first on CCN

20:00

Bitcoin And Mining Dominate Google Searches as Ukraine Closes in on Legalisation Bitcoin News

"Bitcoin" And "Mining" Dominate Google Searches as Ukraine Closes in on Legalisation

Keywords like i (Bitcoin) and (mining) have climbed to the top 5 of the What is category in Google Ukraines 2017 Zeitgeist report, local media have announced. Queries like Why did gas go up? and Why do we live? also feature high up in the list the country has been dogged by economic woes while fighting a bitter civil war since the Maidan. And with Ukrainians anxiously awaiting new legislation to regulate/legalize Bitcoin, I need a spinner has also made it to the top of the search engine statistics Fidget spinners, as we know, have a certain nerve-soothing effect.

Also read: Ukraine Drafts Law to Exempt Crypto Income and Profits from Taxation

Bitcoin Spins Its Way to the Top of Ukraines Search Queries

Freedom is taking a toll on Ukraine, both socially and economically, as Kiev steers the boat towards Western ports with its anchor still buried quite close to Russian shores. The country has been reporting unhealthy inflation since the troubles began in 2013. According to the State Statistics Service, consumer prices have increased by 13.6% year-on-year in November (almost 18% for food). Ukrainian GDP growth rate has averaged -0.09% (yes, thats a minus) for the past seven years, Ukrstat figures show.

Cryptocurrencies present a fresh alternative to the constantly depreciating national currency, th...

20:00

The 2017 Tapscott Blockchain Prediction Scorecard CoinDesk

How did the pundits fare in 2017? Author Don Tapscott reviews his own predictions, taking stock of where he went wrong and where he was on the money.

19:50

Kuwaits Ministry of Finance Refuses to Recognize Bitcoin News CCN

The post Kuwaits Ministry of Finance Refuses to Recognize Bitcoin appeared first on CCN

Kuwaits Ministry of Finance has reportedly refused to acknowledge or recognize bitcoin and has banned financial institutions from trading with the cryptocurrency. Citing sources, an Arab Times report revealed that the ministry and the Central Bank of Kuwait have forbidden the banking sector and companies under its regulatory purview from trading in bitcoin after Continued

The post Kuwaits Ministry of Finance Refuses to Recognize Bitcoin appeared first on CCN

19:48

Altcoins surge in Asian trading session NEWSBTC

Christmas may have come early in crypto land as altcoins are hitting the top of their charts once again in the Asian trading session this morning. Bitcoin has remained relatively flat since the launch of CMEs futures contracts on Sunday. Prices have only fluctuated slightly between $17k and $19k over the past few days.

In previous months we have witnessed the big daddy of crypto literally eat its younger siblings which Bitcoin prices sky rocket and altcoins start tanking. These last couple of weeks have been quite the opposite and today a number of cryptos have broken their previous price tops.

An hour or so ago Ethereum reached an all-time high of $840, a price which may have increased further by the time you get to the end of the article. ETH broke through resistance around the $750 level and marched higher through the psychological $800 barrier. The surge has likely been boosted by the launch of the Dai stablecoin on the Ethereum network. Similar to Tether, Dai is soft-pegged to the USD and, according to their website where;

anyone, anywhere has the freedom to choose a money they can place their confidence in. A money that will always maintain its purchasing power.

Along with Ethereum, OmiseGO has made record gains today climbing over $20 for the first time. Omise has experienced huge growth this year from a sub-dollar coin back in July to where it is today with a market capacity over $2 billion. OMG works slightly differently to other blockchains in that it has a delegated proof-of-stake which involves validating the network through running nodes that can be voted for. With real transactions already occurring and trials with big companies Omise could GO even further in 2018.

As predicted Litecoin has broken resistance and started heading upwards this morning towards a new high of $375 according to Coinmarketcap.com. LTC has been flat for almost a week after jumping several hundred percent in a couple of days. It has just started to move again and the next station for Charlie Lees crypto is at $400.

Bitcoin Cash also had an epic morning reaching new heights of $2,353 a few hours ago. Markets have pulled back slightly but the coin still trades high at $2,200 at the time of writing. BCH is the third largest crypto currency with a market cap of $37 billion.

Other coins doing well out of this mornings trading session were Ripple, Cardano, Dash, Monero, NEO, and Nem, which just broke a dollar for the first time. Happy times in crypto land.

...

19:15

The Next Step In Overstocks Master Blockchain Plan Is Underway "IndyWatch Feed Economics"

The Next Step In Overstocks Master Blockchain Plan Is Underway by Brady Dale  Coin Desk Theres a method in our madness. Click here to sign up for The Daily Coin FREE newsletter covering precious metals, war, health and prepper suggestions! Thats how Overstock founder Patrick Byrne...

The post The Next Step In Overstocks Master Blockchain Plan Is Underway appeared first on The Daily Coin.

19:00

Bitcoin Gold Price Technical Analysis BTG/USD to Surge above $400? NEWSBTC

Key Points

  • Bitcoin gold price is gaining momentum and it recently traded above $380 against the US Dollar.
  • There was a break above a major connecting resistance trend line at $355 on the hourly chart of BTG/USD (data feed from Bitfinex).
  • The pair might continue to move higher above the $400 level in the near term.

Bitcoin gold price is gaining traction above $380 against the US Dollar. BTG/USD may soon accelerate gains above the $400 level going forward.

Bitcoin Gold Price Trend

It was a good period for bitcoin gold price as it moved above the $325 and $360 resistance levels against the US Dollar. The upside move was strong and the price almost tested the $400 level. A high was formed at $399.92 and it seems like the current upside move is far from over. During the upside move, there was a break above a major connecting resistance trend line at $355 on the hourly chart of BTG/USD.

The pair is now poised to break the $400 level and gain further. On the downside, an initial support is around the 23.6% Fib retracement level of the last wave from the $290 low to $399 high. However, the most important support is near $360 and $355. The mentioned $355 level was a resistance earlier, and now it is likely to act as a support. Moreover, the 38.2% Fib retracement level of the last wave from the $290 low to $399 high is also around $358 to act as a decent support.

Bitcoin Gold Price Technical Analysis BTG USD

On the upside, a break above the $400 level is very likely. Above $400, the next target could be the $425 level in the near term.

Looking at the technical indicators:

Hourly MACD The MACD for BTG/USD is gaining momentum in the bullish zone.

Hourly RSI (Relative Strength Index) The RSI for BTG/USD is heading towards the overbought levels.

Major Support Level $355

Major Resistance Level $400

 

Charts courtesy Trading View, Bitfinex

...

18:53

Bitcoin Drops Following CME Futures, Investors Still Buy In At 100% Premium Cointelegraph.com News

100% premiums are still attractive to Bitcoin investors, despite price drop following the launch of CME Bitcoin futures.

18:30

New Chain Platform Ivy Brings Smart Contracts to Bitcoin Bitcoin News

New Chain Platform Ivy Brings Smart Contracts to Bitcoin

Smart contracts self-executing pieces of code are most commonly associated with the ethereum network. Long before Vitalik Buterin tried to sell a fake quantum mining computer and dreamed up his global supercomputer, however, Satoshi Nakamoto saw the potential for smart contracts, even though the term had yet to be popularized. The bitcoin blockchain is now a step closer to having its own self-executable agreements thanks to the arrival of Ivy.

Also read: SEC Suspends Trading in Publicly Traded `The Crypto Company after 2500% Rise

Bitcoin is Getting Smarter

Ivy is an open source compiler developed by cryptographic ledger specialists Chain.com. It can be used to write bitcoin smart contracts into Segwit-compatible addresses. The range of functions that Bitcoin Script supports is more limited than those available on the Turing-complete ethereum network. This reduced functionality is one of bitcoins strengths however: maintaining network security is deemed more important than introducing untested code that has the potential to break things.

...

18:28

Coinbase is investigating insider trading with its Bitcoin Cash offering "IndyWatch Feed World"

The U.S.-based cryptocurrency exchange is investigating whether some of its employees profited from its launch of bitcoin spin-off, Bitcoin Cash, reports BusinessInsider. The company halted trading of Bitcoin Cash just four hours after it began on Tuesday after the cryptocurrency reached above $8,000 per coin. The problem wasnt the high price, rather Bitcoin Cashs value

The U.S.-based cryptocurrency exchange is investigating whether some of its employees profited from its launch of bitcoin spin-off, Bitcoin Cash, reports BusinessInsider. The company halted trading of Bitcoin Cash just four hours after it began on Tuesday after the cryptocurrency reached above $8,000 per coin. The problem wasnt the high price, rather Bitcoin Cashs value started appreciating before the announcement from Coinbase that it would trade the currency, suggesting insiders may have acted on their advanced knowledge of the news. Announcing the investigation, Coinbases CEO Brian Armstrong wrote on Medium:

Read Full Story

18:19

Evidence Points To Bitcoin Being NSA-Engineered Psyop To Roll Out "IndyWatch Feed Nthamerica"

Natural News| Im going to assume the readers who make it to this article are well informed enough that I dont have to go into the history of the global money changers and their desire for a one world currency. (If you dont yet understand the goal of the globalist banking empire and the coming engineered collapse of the fiat currency system, youre already about 5,000 posts behind the curve.)

With that as a starting point, its now becoming increasingly evident that Bitcoin may be a creation of the NSA and was rolled out as a normalization experiment to get the public familiar with digital currency. Once this is established, the worlds fiat currencies will be obliterated in an engineered debt collapse (see below for the sequence of events), then replaced with a government approved cryptocurrency with tracking of all transactions and digital wallets by the worlds western governments.

NSA mathematicians detailed digital cash two decades ago

What evidence supports this notion? First, take a look at this document entitled, How to make a mint: The cryptography of anonymous electronic cash. This document, released in 1997 yes, twenty years ago detailed the overall structure and function of Bitcoin cryptocurrency.

Who authored the document? Try not to be shocked when you learn it was authored by mathematical cryptographers at the National Security Agencys Office of Information Security Research and Technology.

The NSA, in other words, detailed key elements of Bitcoin long before Bitcoin ever came into existence. Much of the Bitcoin protocol is detailed in this document, including signature authentication techniques, eliminating cryptocoin counterfeits through transaction authentication and several features that support anonymity and untraceability of transactions. The document even outlines the heightened risk of money launderingthats easily accomplished with cryptocurrencies. It also describes secure hashing to be both one-way and collision-free.

Although Bitcoin adds mining and a shared, peer-to-peer blockchain transaction au...

18:10

The Bitcoin Bubble "IndyWatch Feed Economics"

As bitcoin has become a mania, it is also becoming a risk to the real economy.

18:00

Chain Moves to Simplify Smart Contracts on Bitcoin Blockchain CoinDesk

The startup released an open-source compiler that translates between Ivy, Chain's high-level smart contract language, and low-level Bitcoin Script.

17:37

Philippine Regulators Push For Unified Rules on Bitcoin Investments News CCN

The post Philippine Regulators Push For Unified Rules on Bitcoin Investments appeared first on CCN

Philippine regulators are pushing for a unified rule on cryptocurrencies like bitcoin when used as investments. The Bangko Sentral ng Pilipinas (BSP) said it would coordinate with market regulator Securities and Exchange Commission to draft rules if bitcoins will be used as a platform for investments in the country, reports GMA Network. BSP Deputy Governor Continued

The post Philippine Regulators Push For Unified Rules on Bitcoin Investments appeared first on CCN

17:35

Bitcoin dot com co-founder sells his useless Bitcoins NEWSBTC

When most people are looking at ways to try and buy them some will inevitably see the downside of virtual currencies and want to shift their stash. Swedish co-founder of Bitcoin.com, Emil Oldenburg, claims that Bitcoin is as good as useless and has no future as a tradeable currency.

The website is one of the oldest and most established crypto currency resources which has grown extremely profitable this year with the explosion in popularity of crypto trading. In an interview with Swedish media co-founder and CTO Oldenburg said:

I would say an investment in bitcoin is right now the riskiest investment you can make. Theres an extremely high risk,

We would expect this stance from politicians or Wall Street bankers but not from an industry insider. There is a good reason that he has decided to denigrate the digital currency and that is because he has sold all of his Bitcoins and switched to Bitcoin Cash. BCH forked from the original BTC chain in August and has shown steady gains ever since on its own blockchain.

The main reason for this change is high transaction costs and lead times. When the network is under high demand, which has been a few times recently, it can take several hours to carry out a Bitcoin transaction. Some websites have reported that transaction fees have reached as high as $26 recently, which is as much as a regular bank would sting you for an international transfer.

The limited block size on the BTC chain imposes a limit on the number of physical transactions that can be made and this bottleneck makes it a highly illiquid digital currency. People will only realize this risk when they decide to hold or trade them, many are still hodling and dreaming about Lambos. According to Oldenburg;

the old bitcoin network is as good as unusable. As soon as people realize that this is how it works, they will start to sell,

He went on to refer to the old Bitcoin network being run by fanatical bitcoin talibans that want things this way.

They see bitcoin as a digital gold and a technical experiment, as opposed to something you can actually use.

Bitcoin Cash has a bigger block size of 8Mb compared to 1Mb on Bitcoin, which leads lower transaction fees and faster transfer times. BCH has recently broken an all-time high of $2,353 and is up 27% in the past 24 hours.

 

...

17:30

Ripple Price Technical Analysis XRP/USD Consolidating above $0.6800 NEWSBTC

Key Highlights

  • Ripple price is trading in a range above the $0.6800 support area against the US Dollar.
  • This is a short-term bearish trend line forming with resistance at $0.7400 on the hourly chart of the XRP/USD pair (data source from Kraken).
  • The pair might move higher in the near term, but it could face sellers near $0.7400 and the 100 hourly simple moving average.

Ripple price is consolidating against the US Dollar and Bitcoin. XRP/USD has to move above $0.7500 to gain traction in the near term.

Ripple Price Support

After a major upside move, Ripple price started a correction and moved below $0.7000 against the US Dollar. However, the price found support at $0.6800 and later started trading in a range. There were a couple of swing moves and the price recently retested the $0.6600-0.6800 support area. It is currently moving higher and it recently traded above the 23.6% Fib retracement level of the last decline from the $0.8405 high to $0.6777 low.

There are many minor resistances on the upside, including $0.7400 and $0.7500. There is also a short-term bearish trend line forming with resistance at $0.7400 on the hourly chart of the XRP/USD pair. Below the trend line at $0.7500, the 100 hourly simple moving average may also act as a strong resistance. Moreover, the 50% Fib retracement level of the last decline from the $0.8405 high to $0.6777 low is at $0.7600 to stop the upside move.

Ripple Price Technical Analysis XRP USD

Therefore, it seems like the $0.7400-0.7600 region is a good short-term resistance zone. XRP has to move above the $0.7600 level to move back in the bullish zone. Above $0.7600, the price could trade towards the $0.8400 level in the near term.

Looking at the technical indicators:

Hourly MACD The MACD for XRP/USD is currently in the bearish zone.

Hourly RSI (Relative Strength Index) The RSI for XRP/USD is currently well below the 50 level, and is heading lower.

Major Support Level $0.6800

Major Resistance Level $0.7600

 

Charts courtesy Trading View, Kraken

...

17:01

How To Get Bitcoin In Your Stock Portfolio "IndyWatch Feed World"

This report is an ADVERTISEMENT from Oilprice.com

bitcoin-price2

2017 has undoubtedly been the year of bitcoin, breaking $1000 dollars on New Years Day before rocketing up to $15000 in early December. Thats a return of 1500 percent!

And as market fascination grows, investors are beginning to understand the real secret behind bitcoins success the blockchain.

Blockchain is transforming markets with bitcoin, but that is only the beginning it could soon change the world.

To understand how, you must first understand that blockchain is a technological platform and there are nearly no limits to what you can build on it.

Where we used to have hard currencies, well now have cryptocurrencies like bitcoin, using blockchain technology. Where we used to have asset exchanges, we now have cryptocurrency exchange Binance.

Where we used to have Microsoft Windows, blockchain has been used to create an entirely new platform. You may have heard of it: Ethereum.  It rose 5,415 percent in 2017.

Put simply, blockchain is the technology upon which future networks will be built and unlike our current systems, investors can gain partial ownership of these networks and reap the financial rewards!

Bitcoin may have risen 1500 percent this year, but it still only makes up $280 billion of the total $90 trillion of money that exists. A measly 0.3 percent of money, and thats before considering the $544 trillion derivative markets.

Binance is one of the fastest growing blockchain based exchanges in the world with a market cap of $280 million and investors holding Binance Coin are receiving financial reward as the exchange grows. Can you imagine the New York Stock Exchange handing you part of its $21 trillion market cap?

Ethereum has risen from $8 to $460 in 2017, and was used for the first time this year to buy a house via its smart contract technology. It is an operating system for blockchain, and while Microsoft Windows is the operating system for 80 percent of laptops and desktops in the world investors wont see a cent of that revenue.

These are just three examples out of hundreds that show how you...

17:00

BitMEX Review Is it a Legit Bitcoin Margin Trading Exchange? 99 Bitcoins

The post BitMEX Review Is it a Legit Bitcoin Margin Trading Exchange? appeared first on 99 Bitcoins.

Bitcoin Mercantile Exchange, or BitMEX, is a trading platform created by a selection of finance, trading, and web-development experts. Arthur Hayes, Ben Delo, and Samuel Reed launched the exchange in 2014 under their company HDR (Hayes, Delo, Reed) Global Trading Ltd. BitMEX offers a margin-trading service for experienced, professional Bitcoin traders. Up to 100x leverage is [...]

16:48

Bitcoin Cash Jumps 70% as Coinbase and Gdax Announce Immediate Trading Bitcoin News

Bitcoin Cash Jumps 57% as Coinbase and Gdax Announce Immediate Trading

Retail and professional cryptocurrency traders can now trade Bitcoin Cash (BCH) on two of the worlds most popular exchanges, Coinbase and Gdax. News of the announcements sent the BCH price to over 3,700 USD as of this writing.

Also read: Tezos Foundation Board Member Quits

Bitcoin Cash Jumps 57% as Coinbase and Gdax Announce Immediate Trading

Bitcoin Cash is Trading on Coinbase Immediately

Were excited to announce that customers will be able to buy, sell, send and receive Bitcoin Cash on Coinbase, came word from the Coinbase blog. BCH is quickly becoming the micropayment alternative to bitcoin core (BTC), and as of this writing is the number three cryptocurrency by market cap at just over 58 billion USD. Its price in the last 24 hours has surged over 70 percent.

Sends and receives are available immediately, the exchange urged....

16:46

MoxyOne is Offering Debit Cards and Payment Infrastructure for Every Company or ICO that Issues Cryptocurrencies NEWSBTC

Growing interest in cryptocurrencies has seen a massive influx of new ICOs that are changing the world as we know it. These valuable projects are however, being let down by the lack of a financial infrastructure. Their company issued cryptocurrencies are not easily spendable by their token holders and are often left waiting for a way to use their cryptocurrencies.

MoxyOne is here to supercharge the crypto economy by giving every ICO an opportunity to have their own crypto-payment system. By white labelling MoxyOnes financial infrastructure, companies can let their users spend their created cryptocurrencies. They can do so by becoming a partner and have the benefit of easily integrating MoxyOnes infrastructure rather than developing an in-house payment system which can be a lengthy and expensive exercise.

At present, token holders are only able to utilise the tokens they hold to trade with and make quick profits. But now they will have more avenues to maximise their investment. In addition, they will be able to utilise their tokens not just on a companys platform but also out in the real world. They can make everyday purchases such as buying groceries and paying bills. By allowing cryptocurrencies to become spendable, MoxyOne will be creating demand for these tokens which will make them more valuable. This will benefit not just companies but every token holder as the value of their tokens will continue to grow with use over time.

MoxyOne not only offers a white labelling service for companies, it will also have its own debit card and wallet system for its token holders (SPEND). The first question every token issuing company has asked is why do you need to have your own cryptocurrency? For MoxyOne, SPEND tokens will be the fuel for its system. Apart from being tokens that are spendable in the real world, they will also be used as platform fees (incurred by individual transactions). This makes SPEND tokens extremely valuable for its holders as they will be in constant circulation. Additionally, SPEND tokens will only have a hard cap supply of 50 Million. This means no new tokens will ever be created and because scarcity drives value, every SPEND token becomes a valuable asset for its owner.

MoxyOne already has an exchange partnership with Cryptopia, meaning SPEND will be listed there as soon as the token sale ends. Other exchanges (such as EtherDelta and other free or pay-to-play exchanges) will be listed in the near future with MoxyOnes competent exchange listing consultant, Rick Kennernecht leading the helm. MoxyOne has already secured an exciting partnership with the ever popular Social (SCL) which is a Decentralised Social Networking Platform. They will be the first white label partner to offer its token holders a Social debit card to be used on its platform. MoxyOne will utilise...

16:26

Moeda: The Cooperative Cryptocurrency That Aims to Advance Financial Inclusion "IndyWatch Feed Economics"

Can the boom in cryptocurrencies help achieve inclusive, cooperative growth? That's what Moeda, a cooperative crypto-credit banking platform seeks to accomplish.

16:00

Ethereum Price Technical Analysis ETH/USD Dips and Rips Higher NEWSBTC

Key Highlights

  • ETH price corrected sharply lower after trading to a new high at $864.53 against the US Dollar.
  • A bullish trend line with current support at $715 acted as a buy zone on the hourly chart of ETH/USD (data feed via SimpleFX).
  • The pair is currently moving higher and is attempting an upside break above $800.

Ethereum price is placed nicely in the bullish zone against the US Dollar and Bitcoin. ETH/USD may soon break $800-805 once again for more gains.

Ethereum Price Support

There were heavy swing moves in ETH price recently above $700 against the US Dollar. The price gained solid momentum, moved above the $800 level and traded to a new high at $864.53. Later, the price failed to retain momentum and started a downside below $800. There was a sharp downside reaction and the price broke the $750 and $720 support levels as well. The decline was nasty and the price finally found support around $700 and the 100 hourly simple moving average.

Moreover, a bullish trend line with current support at $715 acted as a buy zone on the hourly chart of ETH/USD. The pair is now moving back higher and it currently above the 50% Fib retracement level of the last decline from the $864 high to $702 low. However, there is a bearish trend line on the same chart with resistance at $805-810. ETH buyers need to break the $810 resistance to push the price back in the bullish zone. Moreover, a break above the 61.8% Fib retracement level of the last decline from the $864 high to $702 low is needed to a push toward the $850 level.

Ethereum Price Technical Analysis ETH USD

On the downside, the trend line support at $715 is important along with the 100 hourly SMA.

Hourly MACD The MACD has just moved into the bearish zone.

Hourly RSI The RSI is currently attempting an upside break above the 50 level.

Major Support Level $715

Major Resistance Level $810

 

Charts courtesy SimpleFX

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16:00

Bring on the FUD: 2017 Was The Year Bitcoin Became Anti-Fragile CoinDesk

What happened after all the fear, uncertainty and doubt of 2017? Bitcoin became stronger than ever, according to developer Jimmy Song.

16:00

Bitcoin and United States Dollar coinmill.com Currency Rates

0.00010 BTC = 1.68 USD
1.00 USD = 0.00006 BTC
Converter

The Washington Post Propagandizes Again: Says 'Fedcoin' Will Be 'Bigger' Than Bitcoin "IndyWatch Feed World"

Fedcoin doesnt even exist yet, and yet the Washington Post is already hyping it as the primary cryptocurrency that we will be using in the future. 

How To Get Bitcoin In Your Stock Portfolio "IndyWatch Feed World"

2017 has undoubtedly been the year of bitcoin, breaking $1000 dollars on New Years Day before rocketing up to $15000 in early December. Thats a return of 1,500 percent! And as market fascination grows, investors are beginning to understand the real secret behind bitcoins success the blockchain. Blockchain is transforming markets with bitcoin, but that is only the beginning - it could soon change the world.

15:59

IOTA LIFT OFF: DO YOU BELIEVE IN A MACHINE ECONOMY? NEWSBTC

We were right with our IOTA prediction. Theres an obvious IOTA lift off.

Well, many people believe in IOTA given the more than 10X spike in the last 2 months. NEM is also picking up while we are seeing a slowdown in LTC, DASH and Monero.

NEM SLICES THROUGH $0.93

NEM bulls 4HR chart technical analysisXEMUSD 4HR Chart for December 20, 2017

After yesterday, we can say we were on the right side of the trade as prices ended up rallying. In fact by close, NEM highs had tested $1.12. Thats about $0.32 from where we had placed our buy stops. It was at our resistance if you remember well.

I will be general today. First, following that spike, we shall remain calm and stay humble in our mini victory. Long term trend buyers are late, perhaps buying in the last stage, the 4th wave of the Elliot wave.

Since I dont know what the future prices are, we shall base our swings here on the 4HR chart. The thing is, the 20 period MA has is still reliable and positive sloping meaning buy momentum is still high.

However, we got a little problem with our stochastics. Bears are jumping in. Remember just before December 19 close we had this bearish engulfing candlestick preceded by that inverted hammer which by the way closed above the upper BB resulting in a double bear reversal pattern.

In my opinion, NEM prices could easily retrace back to support at $0.80. Once a buy signal prints at the oversold territory, that is when I might end up buying depending on the then prevailing set up.

DASH MIGHT SLOW DOWN AND TEST $900

DASH bears 4HR chart technical analysisDASHUSD 4HR Chart for December 20, 2017

I was doubtful of this reversal and now you see why. As it is often the case, reliable reversal happen at levels mentioned from December 19 Analysis-around 38.2% and 61.8% or even lower.

If we analyze this rally then you notice that there are no buys to pump prices. Stochastics are even turning lower from deep the overbought territory accompanied by those bear candles.

Look, in the long term we remain bullish. DASH, the project is awesome but for intra-w...

15:55

Bitcoin Glossary: Youve Heard of Crypto Mania Now Say Hello to Cryptophasia Bitcoin News

Stop Confusing Bitcoin Beginners With Your Cryptophasia

To outsiders, cryptocurrency is a strange and bewildering world. Dive into bitcoin Twitter for the first time and youre confronted by an array of confusing acronyms, memes, and jargon tossed around like confetti. Cryptocurrency has its own language, honed through years spent lurking in trollboxes and forums with like-minded geeks. For anyone whos new to bitcoin, the following glossary should come in handy.

Also read: 10 Bitcoin Apps That Everyone Should Have

Stop Confusing Bitcoin Beginners With Your Cryptophasia

Every community has its patois: an esoteric language that makes perfect sense once youre accustomed to it and zero sense up until then. As a tech-driven industry that runs on memes and in-jokes, bitcoin is guiltier than most of flummoxing casual observers. Crypto has developed its own idioglossia an idiosyncratic language spoken only by a few. Theres a better word for this though: cryptophasia. As Wikipedia explains:

...

15:17

Blockchain, Cryptocurrency Domain Names Hotter Than Ever Cointelegraph.com News

While many new investors entering into the industry for the first time are focusing on their initial cryptocurrency purchases, there is a digital gold rush taking place with high quality Blockchain domain names.

15:12

Bitcoin Price Technical Analysis for 12/20/2017 Major Correction Ongoing NEWSBTC

Bitcoin Price Key Highlights

  • Bitcoin price embarked on a large correction as predicted in a previous article.
  • Bullish momentum has significantly slowed near the $20,000 barrier, so a pullback is necessary to draw more buyers in.
  • The area of interest near the Fibs and trend line is still holding and could be enough to lead to another leg higher.

Bitcoin price is showing a classic correction to a former resistance level as it waits for more bullish momentum to sustain the climb.

Technical Indicators Signals

The 100 SMA is above the longer-term 200 SMA so the path of least resistance is to the upside. The 100 SMA also appears to be holding as dynamic support just below the ascending trend line and 50% Fib around $16,000.

A larger correction could still test the 61.8% Fib closer to $15,000 and slightly below the area of interest. Stochastic has some room to head south before reaching oversold levels so sellers could stay in the game for a bit longer. Similarly RSI could head a little lower and bitcoin price might follow suit.

Market Factors

The euphoria from the bitcoin futures launch appears to have faded and traders are closing out positions on the lack of new highs. Market watchers are also paying closer attention to other assets, like US equities, that are also surging to new highs.

The tax reform vote has drawn investor interest back in the US stock market as approval before Christmas could mean a huge boost to business activity. Apart from keeping Wall Street in the green, it is also providing support for the dollar against bitcoin price.

Apart from that, the SEC suspension on shares of The Crypto Company due to concerns of stock manipulation has also injected a bit of caution among bitcoin traders. Rival bitcoin cash is also making an ascent, leading some to revive concerns about two separate versions, especially with BitPay and major cryptocurrency storage company Blockchain added support for bitcoin cash.

...

15:08

Bitcoin Cash Price Technical Analysis BCH/USD Surges Above $3500 NEWSBTC

Key Points

  • Bitcoin cash price rocketed higher and moved to a new all-time high above $3700 against the US Dollar.
  • There is a new connecting bullish trend line forming with support at $3000 on the hourly chart of BCH/USD (data feed from Kraken).
  • The pair might move down a bit, but it remains supported around the $3000 handle.

Bitcoin cash price surged higher above $3000 and $3500 against the US Dollar. BCH/USD is now super bullish with more gains possibility above $3500.

Bitcoin Cash Price Uptrend

Yesterday, we discussed how bitcoin cash price could continue to move above the $2000 level against the US Dollar. The price started a solid upside move and broke many resistances on the way up such as $2500, $3000 and $3500. A new all-time high was formed at $3747 and at the moment, the price is correcting lower. On the downside, an initial support is around the 23.6% Fib retracement level of the last leg from the $2000 low to $3747 high.

It seems like downsides could be limited by the $3000 support zone. There is a new connecting bullish trend line forming with support at $3000 on the hourly chart of BCH/USD. The trend line support is close to the 38.2% Fib retracement level of the last leg from the $2000 low to $3747 high. Therefore, any major dips from the current levels are likely to face bids near the $3200 and $3000 levels. A break below $3000 wont be easy since the 50% Fib retracement level of the last leg from the $2000 low to $3747 high is at $2870.

Bitcoin Cash Price Technical Analysis BCH USD

On the upside, the price may soon move above $3500. Should there be more gains above $3500, the price could test the $4000 level.

Looking at the technical indicators:

Hourly MACD The MACD for BCH/USD is strongly placed in the bullish slope.

Hourly RSI (Relative Strength Index) The RSI for BCH/USD is moving lower toward the 60 level.

Major Support Level $3000

Major Resistance Level $3500

 

Charts courtesy Trading View, Kraken

...

14:59

Market Mania? Small Cap Stock Explodes on Blockchain Announcement Cointelegraph.com News

Shares of small-cap stock Longfin surged more than 1,300 percent on the news that the company had purchased a cryptocurrency company, Ziddu, fueling market mania buzz. #NEWS

14:50

Why Bitcoin Wont Affect Gold Demand "IndyWatch Feed Economics"

Why Bitcoin Wont Affect Gold Demand From Birch Gold Group This week, Your News to Know brings you the latest stories involving gold and the overall economy. Stories include: Bitcoin hasnt taken a bite out of demand for gold, the reason...

The post Why Bitcoin Wont Affect Gold Demand appeared first on The Daily Coin.

14:44

Julian Assange Urges Donors to Use Cryptocurrencies, Thwart Government Cointelegraph.com News

Julian Assange has urged donors to make contributions to Wikileaks by using cryptocurrencies in order to skirt the financial blockade by national governments. #NEWS

14:30

2018 Pyeongchang United States Olympic Luge Team to Accept Bitcoin Donations Bitcoin News

2018 Pyeongchang United States Olympic Luge Team to Accept Bitcoin Donations

Over the weekend, the United States Olympic Luge Team announced they are the first Olympic team in the country to advocate for and accept bitcoin in donation. With only two months from starting Winter Games in South Korea, theres just enough time to promote both a crazy, cool olympic sport while promoting a cool, crazy way to do money.

Also read: Tezos Foundation Board Member Quits

Bitcoin for Olympic Gold in Winter 2018 Pyeongchang Games

USA Olympic Team Goes Crypto

Its such a natural and good fit for the team. The luge team is not thinking short term, but long, crypto investor and former olympian Ty Danco said.

Feet first, supine, steering with legs and shoulders, luge olympians have been known to reach coasting speeds in the high eighties (mph) and one hundred and forties (km) while sled racing down winding half pipe tubes. The sport is said to date as far back as the 15th century.

The...

14:27

Dan Morehead on Crypto: Dan Morehead on Crypto: Were in the First Innings of a Multi-Decade Thing NEWSBTC

Respected hedge fund strategist-turned cryptocurrency investor, Dan Morehead, has come out with some incredibly bullish sentiments about Bitcoin. He believes that in the long-term, todays sub $20,000 price point for a single Bitcoin will seem like a bargain. He told CNBC:

For the big blockchains like Bitcoin, Ethereum and Ripple, were in the first innings of a multi-decade thing And theres going to be some ups and theres going to be some downs, but were still really early.

He elaborated on the non-linear nature of the uptrend, stating that the price could easily have halved by this time next week. Morehead went on to remind viewers of Tuesdays The Coin Rush feature on the CNBC network that if a market grows quickly, it can also shrink fast. To highlight this, he cited the price difference between today and the month just passed. However, the Wall Streeter-turned cryptobull who first bought Bitcoin in at $72, remains positive about its future.

When asked what the intrinsic value of Bitcoin was, the former Goldman Sachs, and Tiger Management trader replied:

If you add up all the different use cases, its a payment rail, like a digital gold, and a way to get round correspondent banking, you come up with a number thats an order of magnitude, or two higher than todays price.

The interview then touched on Bitcoin mining. Morehead commented on the period of rapid expanse in which the number of units securing the network was doubling every six weeks. He referred to it as like Moores Law on crack. He went on to explain that as the incentive and competition on the network increases so too does the price of mining the coin itself. This in turn increases the value of each coin.

Perhaps most bullish of all was his estimation that only 5% of institutional investors on the planet have any access to blockchain technologies at all. He anticipates that in the next 18 months, that will no longer be the case.

With interest seemingly growing for further futures markets, the thinking is that additional financial products will begin to appear around the cryptocurrency space in 2018. Of course, the influx of funds will drive the prices much higher than todays.

 

 

...

14:22

Coinbase Adds Bitcoin Cash as Price Soars, Bitcoin Dips Cointelegraph.com News

Coinbase has launched support for Bitcoin Cash and credited its customers who held Bitcoin on the exchange when the hard fork occurred on August 1. #NEWS

14:05

The Washington Post Says That Fedcoin Will Be Bigger Than Bitcoin "IndyWatch Feed Economics"

Fedcoin doesnt even exist yet, and yet the Washington Post is already hyping it as the primary cryptocurrency that we will be using in the future.  Do they know something that they rest of us do not?  Just a few days ago I warned that global central banks could eventually try to take control of the cryptocurrency phenomenon, and so I was deeply alarmed to see the Post publish this sort of an article.  We want cryptocurrencies to stay completely independent, and we definitely do not want the Federal Reserve and other global central banks to start creating their own versions.  Because of course once they create their own versions they will want to start restricting the use of any competitors.

The one thing that could derail the cryptocurrency revolution faster than anything else would be interference by national governments or global central banks.  Unfortunately, now that Bitcoin, Litecoin, Ethereum and other cryptocurrencies are getting so much attention, it is inevitable that the powers that be will make a move.

On Monday, the Washington Post published an opinion piece by Professor Campbell R. Harvey of Duke University that was entitled Bitcoin is big. But fedcoin is bigger.  These days, there is an agenda behind virtually everything that the Washington Po...

13:40

Coinbase Halts Bitcoin Cash Trading Abruptly After Launch CoinDesk

Coinbase launched bitcoin cash exchange trading Tuesday, but operations were anything but smooth. The feature was abruptly pulled after going live.

13:00

$300 Million Lockup: Storj Clarifies Token Economics in Surprise Reveal CoinDesk

Not many tokens are taking steps to clarify how they're handling their own funds. Storj, however, did just that with a surprise announcement Tuesday.

12:30

Bitcoin is Now Valued Higher than Silver Production Over the Last 20 Years (Video) "IndyWatch Feed Economics"

Bitcoin is Now Valued Higher than Silver Production Over the Last 20 Years Video Silver Fortune Click here to sign up for The Daily Coin FREE newsletter covering precious metals, war, health and prepper suggestions! Video Source

The post Bitcoin is Now Valued Higher than Silver Production Over the Last 20 Years (Video) appeared first on The Daily Coin.

11:58

CoinBase Allows Bitcoin Cash Trading NEWSBTC

The news was delivered via the exchanges Medium blog page just moments ago. They claim to be rolling out full support. This will include depositing, withdrawing, and buying and selling when the liquidity reaches the necessary level to allow such functionality. This should be within a couple of hours. Their statement said:

All customers who held a Bitcoin balance on Coinbase at the time of the fork will now see an equal balance of Bitcoin Cash available in their Coinbase account. Your Bitcoin Cash balance will reflect your Bitcoin balance at the time of the Bitcoin Cash Fork, which occurred at 13:20 UTC, August 1, 2017.

They went on to claim that theyd long since been analysing the community, support, stability, market price, and trading volume of Bitcoin Cash, and were sufficiently impressed to add the coin to their elite but limited list of cryptocurrencies. They also affirmed that they will use the ticker BCH and will allow full support to the following fiat currencies: USD, EUR, GBP, CAD, AUD, and SGD.

In the statement, CoinBase claim that they believe their customers should benefit from forks. However, one rapid response on Medium quickly highlighted the hypocrisy of adding Bitcoin Cash to the platform and neglecting to include Bitcoin Gold, which at the time of writing was trading at around $353 per coin. Its also telling that they have not integrated SegWit support yet. This second layer scaling system on the original chain effectively increases the blocksize too. It would allow users to transact using lower fees when moving their original BTC coins. Clearly, CoinBase are selective about exactly which forks their customers should be entitled to benefit from.

The news seems to be driving further demand for Bitcoin Cash which was already bolstered by CoinB...

11:30

FinTech Stock LongFin Surges 2,600% Following Blockchain Company Acquisition News CCN

The post FinTech Stock LongFin Surges 2,600% Following Blockchain Company Acquisition appeared first on CCN

The cryptocurrency worlds recent heights, with Bitcoin surpassing $19,600 per coin, and Ethereum reaching a new all-time high above $850, are seemingly heavily influencing the way traditional investors look at some stocks. Fintech firm LongFin (Ticker: LFIN) recently saw its value surge as much as 2,600%, following a press release. The press release revealed that Continued

The post FinTech Stock LongFin Surges 2,600% Following Blockchain Company Acquisition appeared first on CCN

11:30

SEC Suspends Trading in Publicly Traded `The Crypto Company after 2500% Rise Bitcoin News

SEC Puts the Kill on Crypto Company

The Securities and Exchange Commission (SEC) announced the public interest and the protection of investors require a suspension of trading in the securities of The Crypto Company. Its the second time this year the SEC has gone after crypto-affiliated, publicly traded companies. 

Also read: Tezos Foundation Board Member Quits

SEC Puts the Kill on Crypto Company

SEC Suspends The Crypto Company

Effective 9:30am EST today, continuing through midnight 3 January 2018, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in the securities of [The Crypto C...

11:04

Fruit Juice Company Stock Flies on Bitcoin Rumour NEWSBTC

Everyone and their dog seem to be trying to cash in on cryptocurrency at the moment. Perhaps the clearest indication of this is the rapid increase in stock price a once-fruit juice company who have undergone something of a re-brand experienced today. SkyPeople Fruit Juice changed name to Future FinTech (FTFT) back in June. The company havent mentioned the terms blockchain, Bitcoin, or cryptocurrency in any of their literature since but financial research group FactSet have reported that their market value shot up to a massive $12.5 million on Tuesday. At the close of trading, the price per stock was up an impressive 64 percent and valued at around $3 a share.

Whilst the company have said that they would focus on financial technology rather than pulping pineapples, there was no indication whatsoever that this would mean theyd be working on blockchain solutions and cryptocurrency projects. The documents they published last month mention that theyd be moving towards trading commodities and facilitating e-commerce platforms. Interestingly, they still carry images of fresh fruit all over their November company presentation making the name change seem bizarre at best.

According to the document Future FinTechs goals include:

  • Robust expansion plans to include development of orange and
    kiwi plantations and new production and trading facilities.
  • Strong consumer demand for companys products due to rising
    health consciousness and China GDP growth.
  • The Company is proposing a corporate restructuring to be voted on
    at a Special Meeting of Shareholders expected on Jan. 30, 2018.

Youd expect a company consciously trying to cash in on Bitcoin-mania would have included at least one other buzzword to excite potential investors but the lack of peer-to-peer, decentralisation, distributed ledgers, or smart contracts suggests that the name change might not have been a publicity stunt.

Whether or not Future FinTech intended such a response on the market remains unclear. However, at one point during Tuesday, the price per share in the tiny former fruit juicers was up a whopping 200 percent on the day. The trading volume of course tells a similar tale. Today, over 28 times more shares were exchanged in comparison with the 30 day average. According to CNBC, David Rudnick, the investor relations representative at Future FinTech, was not available for comment.

 

Image: PixaBay

 

...

09:57

VALID Makes IDs as Secure as a Swiss Bank Vault and Valuable Too NEWSBTC

In the digital age identity is a nightmare. Theres no other way to put. Weve all been through password hell. Weve all had alerts on our phones telling us weve just requested to change our password when we didnt or received unsolicited phishing emails trying to get information under false pretenses.

There have been solutions offered up to end the pain but none are total solutions.

You can store all your passwords behind one master password for example, but you are still relying on a password. You back that up with two-factor authentication, until someone gets hold of your phone number by nefarious means and is able to launch a porting attack where a criminal tricks your phone companys customer service staff into sending the access code to a device under their control.

And for corporations, the problem of securing customer identification data and other information they store can be equally burdensome.

VALID puts you in control

Enter VALID, the brainchild of Swiss digital identity and e-government services provider Procivis.

VALID is whats known in the trade as a provider of self-sovereign identity, which is another way of defining an individual or corporate entity that has full control over their digital identity and which they can store securely locally to them, such as on a smartphone. If digital information is the new oil that greases the gears of our economies, then putting consumers in control of their identity is going to be crucial for both the identity holders and data consumers.

Marketplace makes your data your asset

And as valuable as security is, thats not the end of the story. Putting your data for your own benefit is where things get more interesting.

If we can gain control over how our identities and the information associated with those identities are used, it holds out the prospect of empowering every individual citizen to decide for themselves who uses their data and a mechanism to demand a payment in return for that usage.

VALID has brought into being a marketplace to connect self-sovereign identities with data consumers, such as advertisers, who would like to access that data.

Regulation makes VALID a necessity

This might sound all very blue sky and in the future. Actually, the opposite is the case as the question of managing identities is already a pressing regulatory concern in Europe. In May 2018, thats to say in just six months time, the European Unions privacy regulation framework, the General Data Protection Regulation (GDPR), comes into force.

GDPR confers on individuals the right to know who is using their data, to get a copy of that data and requires companies sending marketing materials to consumers to have explicit permission to do so from the targeted pe...

09:55

Despite Falling Revenue, ICO Fever Remains High Bitcoin News

Despite Falling Revenue, ICO Fever Remains High

Once celebrities began endorsing ICOs, many were quick to claim that this was the top; the mania had reached its peak and the token bubble was about to pop. And when the SEC filed charges against several dubious projects, forcing others to return funds to investors, this assessment appeared to be accurate. Despite the mid-summer mania having dissipated, however, the number of ICOs in the works is higher than ever.

Also read: The Most Pointless Cryptocurrency Tokens Ever Invented

Reports of the ICOs Demise Have Been Greatly Exaggerated

In the first nine months of the year, over $3 billion was raised in ICOs, almost $600 million of which came from Tezos, Filecoin, and Bancor. Despite most of the high-profile ICOs occurring in Q1 and Q2, October was actually the most lucrative month to date, pulling in $828 million. November, in comparison, could only muster $682 million.

It feels like 2017 was chockablock with ICOs, but the mania didnt truly kick in until April. Tokendata reports that just $21 million was raised via ICOs in the first three months of the year before hitting $103 million in April and then almost doubling in May. In the year to date, over $4 billion has been raised, and there is a likelihood that the symbolic $5 billion threshold will be passed by 2018.

...

09:30

Decentralized Token Exchange Radar Relay Raises $3 Million CoinDesk

The team behind Radar Relay, a decentralized token exchange built on top of the 0x protocol, has raised $3 million in venture funding.

09:28

Hugely Successful TGE Shows SophiaTX Means Business NEWSBTC

SophiaTXs Token Generation Event (TGE) has officially come to a close. The project, led by CEO Jaroslav Kacina, has made some noise in the blockchain world as of late. A true testament to that was proven in the first round of their TGE when they generated 30,000,000 SPHTX tokens in just over 24 hours.

That first round set the bar pretty high and the team seems to have rose to the occasion, raising a total of $23,470,356.50 (according to coinmarketcap rates on Monday, December 18, 2017), despite BTC hitting new all time highs, some major exchanges having transaction problems, and the Ethereum network being bogged down.

The total amount of tokens generated came out to 49,145,275.140035644 SPHTX. One of the unique features of their TGE was that all 150 Million SPHTX tokens will be distributed (not burned) as promised to all participants on a pro-rata basis. Even more good news comes Friday, when their token, SPHTX, will be listed on QRYPTOS, then EXX exchange, and more coming soon.

Their TGE is finished, but SophiaTX is just getting started! Team announced an Early Adoption Program, where those who register can become one of the first to get their hands on SophiaTX and see how it can transform their business or project. This incredible opportunity is open for registration now on their website.

2018 is going to be a busy year for us and we look forward to the road ahead. As we begin the year, we will focus on optimizing our Testnet Blockchain and web browser, as well as converting our proof of concept into many use cases and business scenarios, which we are very excited about. explains Jaroslav Kacina, CEO of SophiaTX and Equidato Technologies AG.

According to SophiaTXs timeline on their website, 2018 will bring the release of their wallet, marketplace and development platform, along with the launch an SDK (software development kit) ready for business integration. Year 2018 will see a lot of SophiaTX innovations including IoT integration, a mobile application, advanced encryption, a full web client, and more. The team also announced they plan to publish many more updates showing their progress throughout various stages of their evolution.

We immensely appreciate all of your support and thank you for helping us achieve an outstanding result from our TGE. The team here at SophiaTX will remain busy in 2018 and beyond, putting the funds we raised to good use ensuring only the best quality products for our clients. said Jaroslav Kacina.

About SophiaTX

SophiaTX is a blockchain platform and marketplace...

09:26

Bitcoin.com Co-Founder Switches To Bitcoin Cash, Says Transaction Issues Doom Bitcoin News CCN

The post Bitcoin.com Co-Founder Switches To Bitcoin Cash, Says Transaction Issues Doom Bitcoin appeared first on CCN

Emil Oldenburg, co-founder and chief technology officer at Bitcoin.com, has sold his bitcoin and switched to Bitcoin Cash because he is skeptical about its future, according to Breakit, a Swedish website. Oldenburg said bitcoin is now the riskiest investment a person can make. He said bitcoins transaction times, costs and lead times have undercut bitcoins Continued

The post Bitcoin.com Co-Founder Switches To Bitcoin Cash, Says Transaction Issues Doom Bitcoin appeared first on CCN

09:20

(+) Technical Analysis: Bitcoin Slides as Litecoin and Ethereum Hit Highs Again News CCN

The post (+) Technical Analysis: Bitcoin Slides as Litecoin and Ethereum Hit Highs Again appeared first on CCN

Its been a two-faced session in the cryptocurrency segment, as the most valuable coin drifted lower in a choppy fashion, while several major altcoins posted lofty gains amid the capital rotation before turning lower in late trading. The total value of the market is still above the $600 billion mark, and BTC us holding up right at Continued

The post (+) Technical Analysis: Bitcoin Slides as Litecoin and Ethereum Hit Highs Again appeared first on CCN

09:10

Bitcoin Conspiracy Theory "IndyWatch Feed Economics"

Bitcoin Conspiracy Theory by Michael Pento FXStreet If youre like me you must be wondering why there is so much media obsession around Bitcoin even though its market cap is just $300 billion, which amounts to only about 1/3...

The post Bitcoin Conspiracy Theory appeared first on The Daily Coin.

09:02

After Second Hack This Year, South Korean Exchange Youbit Closes Down Bitcoin Magazine

After Second Hack This Year, South Korean Exchange Youbit Closes Down

South Korean exchange Youbit announced on its website today that it is closing down after a hack early Tuesday, December 19, 2017, that resulted in the loss of 17 percent of its assets.

The exchange, previously known as Yapizon, did not indicate how many bitcoins or other cryptocurrencies were stolen or what the total fiat value of the attack amounted to, but it was enough to lead to bankruptcy.

This was the second hack the exchange suffered this year. A prior attack in April 2017, resulted in the loss of 3,816 bitcoins, worth around $5 million at the time.

Youbit said hackers broke into its hot wallet, the online account used to pay out cryptocurrencies instantly. While hot wallets offer greater convenience, they also put funds at greater risk because they are connected to the internet.

The remaining coins were kept offline in a cold wallet, the exchange said, resulting in no additional losses. The exchange indicated that customers could withdraw up to 75 percent of their balances, and the rest would be tallied out after the final settlement.

Korea Internet & Security Agency (KISA), the state agency that responds to cyberattacks, is investigating the incident, as reported in Reuters. KISA has maintained that North Korean hackers were behind the first hack.

...

09:00

DEX The Proprietary Algorithm Of CEDEX For Diamond Tokenization NEWSBTC

A sparkling, beautifully cut and polished diamond presents class, elegance, sophistication and value, but more than this, it represents financial stability. Diamond is the asset having potential of being leveraged for monetary gain. CEDEX, a certified, blockchain based diamond exchange and trading platform bridges the gap between an existing diamond ecosystem and financial markets. Possessing expert and profound industry knowledge, the team at CEDEX intends to empower investors to invest and trade in diamonds through a simple and streamlined process, similar to that of traditional asset classes.

CEDEX Technology

CEDEX uses Ethereum blockchain. Apart from underlying distributed ledger, Ethereum integrates Turing-complete programming languages on protocol-layer to enable smart contract capabilities. CEDEX is build upon four pillars; the DEX proprietary technology, blockchain, diamond tokenization and CEDEX Coin.

DEX Proprietary Algorithm Of CEDEX

At the core of CEDEX lies DEX, a proprietary machine-learning algorithm for diamond tokenization.  DEX was formed to overcome industrys biggest challenges while classifying diamonds into specific asset class.

DEX envisions to connect diamond holders who wish to liquidate their assets, with traders seeking to hedge or diversify their investment to include diamond as their investment asset. The blockchain technology integrated within DEX makes the process secure and transparent. Hence, the biggest benefit offered by DEX is that it eliminates obstacles in transferring diamonds into an asset class, which include lack of coherence in diamond value and unsatisfactory level of transparency.

DEX & Artificial Intelligence

The DEX algorithm is based on artificial intelligence and machine learning technologies that enable systems to automatically learn and enhance the experience without being programmed explicitly. DEX accurately ranks diamonds as per their open market value by making use of the gemological data, global diamond inventory data and diamond financial indexes data.

It implies that traders can trade on CEDEX platform confidently, without being a diamond expert. DEXs analytical data helps them making informed decisions regarding which stones to invest in, ensuring the best value for money.

 About CEDEX Token Sale

The CEDEX Coin presale will start from January 12, 2018, followed by the main-sale on January 13, 2018, provided the pre-sale ends within 24 hours. Else, the main-sale will start from February 9, 2018. A total of 100,000,000 CEDEX Coins will be issued and 50,000,000 will be offered for public sale. Any unsold tokens will be destroyed.  Users can buy CEDEX coins in Bitcoin, Ether or fiat currencies on the market rate. CEDEX will reserve 20-25% of CEDEX Coins...

08:50

Fiat On Fire: Key Investor Tactics "IndyWatch Feed Economics"

Fiat On Fire: Key Investor Tactics By Stewart Thomson Gold Seek Are government, central banks, and fiat money the three biggest bubbles in the history of the world?I would suggest they are. The rise of private money (bitcoin) combined...

The post Fiat On Fire: Key Investor Tactics appeared first on The Daily Coin.

08:34

First Government Blockchain Implementation For Russia Cointelegraph.com News

Russia has launched its first official Blockchain implementation for government, in a partnership between Sberbank and FAS. #NEWS

08:21

$17k Breached: Bitcoin Down 15% from All-Time High CoinDesk

Bitcoin's price has dipped below $18,000, marking a decline of more than $1,300 since the start of the day's trading.

08:10

Famed Short Seller Pounding the Table on Bitcoin Investment Trust News CCN

The post Famed Short Seller Pounding the Table on Bitcoin Investment Trust appeared first on CCN

Famed short seller Andrew Left said that he believes the Bitcoin Investment Trust (OTC: GBTC) represents one of the easiest and most profitable short opportunities, regardless of what happens to the bitcoin price. Trader Says to Short Bitcoin Investment Trust Left, a trader at Citron Research, is pounding the table on the Bitcoin

The post Famed Short Seller Pounding the Table on Bitcoin Investment Trust appeared first on CCN

08:05

Fake Satoshi Dorian Nakamoto is Probably $273,000 Richer After Selling His Bitcoins Bitcoin News

Fake Satoshi Dorian Nakamoto is $273,000 Richer After Selling His Bitcoins

In 2014, Dorian Nakamoto was wrongly identified as being the inventor of bitcoin. In the aftermath of Newsweeks faulty dox, a compensatory fund set up for Dorian raised over 67 BTC. Like his namesake, the faux Satoshi has exercised remarkable restraint, leaving his haul of coins untouched until this year when he finally cashed out.

Also read: How Dorian Nakamoto Became Satoshi Nakamoto

From Bitcoin Hater to Bitcoin Rater

When Dorian S. Nakamoto was misidentified as the creator of bitcoin, an inevitable media scrum followed. The 64-year-old was less than enamored with the digital currency at the time, which had caused him nothing but grief. His stance softened, however, after a fundraiser spearheaded by bitcoin evangelist Andreas Antonopoulos raised over 67 BTC for the slighted Japanese-American.

As Andreas explained at the time:

I have no idea if this person is Satoshi, though it seems increasingly unlikely. However, it doesnt matter either way. If this person is Satoshi, then the funds are a small thanks and wont make much of a difference. However, if this person is not Satoshi, then these funds will serve as a sorry for what happened to youR...

07:10

One Third of Millennials Will Buy Cryptocurrencies in 2018, Study Finds News CCN

The post One Third of Millennials Will Buy Cryptocurrencies in 2018, Study Finds appeared first on CCN

The London Block exchange recently conducted a study involving 2,000 Britons. The study demonstrated that 5 percent of people under the age of 45 already have cash invested in a cryptocurrency and 11 percent are planning to invest in cryptocurrencies next year. A further 17 percent, are seriously considering investing in a digital currency by

The post One Third of Millennials Will Buy Cryptocurrencies in 2018, Study Finds appeared first on CCN

07:00

Augur's App Token Doubles in Price to Top $100 CoinDesk

The price of the digital token underlying Augur's ethereum-based prediction market has risen sharply in the past day, market data shows.

06:50

Markets Update: Several Coins Surging as Crypto-Economy Value Tops $600 Billion Bitcoin News

Markets Update: Several Coins Surging as Crypto-Economy Value Tops $600 Billion

This week on December 19 the cryptocurrency market capitalization for all digital assets has crossed a significant $609bn valuation. Digital currencies are becoming more valuable every day, and this week many of them touched new all-time price highs.

Also Read: Thomson Reuters Adds Bitcoin Cash to Eikon Platform

The Top Ten Cryptocurrencies Are All Seeing Percentage Gains Except for BTC

A lot has been happening in the world of digital asset markets this week as more money has flowed into the entire economy this year than ever before. While a lot of spectators and traders have been watching bitcoin core (BTC) markets carefully as it came close to touching $20k, other digital currencies have made some big gains. Bitcoin has dropped around 7 percent in the past 12 hours while the top ten market capitalizations are all in green. The most prominent jump in value today in the top ten is from the New Economy Movement (NEM) network as the protocols token is up over 25 percent at $0.93 per NEM.

...

06:36

Bitcoin Price Watch; Heres Whats On Tonight NEWSBTC

The bitcoin space is taking something of a hit at the moment and price is suffering as a result. Things arent moving as long-term holders might like them to and the implications of this longer term are pretty uncertain; can we hold above the recent broken levels and in turn can things recover above and beyond the 20,000 level that looked almost certain to be taken out just a week or two ago.

These are all questions that we dont know the answer to, of course, and that were going to have to wait to find out.

As we noted this morning, however, none of this matters for our intraday strategy. Weve got a standard approach to the markets and it doesnt matter whether price goes up or down. So long as things are moving and weve got our predefined levels in place, weve got a chance to profit from wherever things go.

So, with this all said, lets get said levels set up.

As ever, take a quick look at the chart below before we get started so as to get an idea whats on and where we are looking to jump in and out according to the rules of our intraday strategy.

The chart is a one-minute candlestick chart and its got our key range overlaid in green.

As the chart shows, then, the range we are looking at this evening is defined by support to the downside at 17901 and resistance to the upside at 18174. If we see a close above resistance, well get in long towards an upside target of 18225. Conversely, a close below support will have us in short towards a downside target of 17820.

A stop loss on both trades will ensure were taken out for just a small loss if things turn against us.

Lets see what happens.

Charts courtesy of Trading View

...

06:30

Legendary Investor Bill Miller Now Holds Half His Hedge Fund in Bitcoin Bitcoin News

Legendary Investor Bill Miller Holds Half His Hedge Fund in Bitcoin

With the launch of bitcoin futures by two leading American options exchanges, lending the cryptocurrency more credibility among mainstream investors, Wall Street is turning to known figures to explain the phenomena. One proven financial wizard they might listen to is legendary value investor Bill Miller whose hedge fund is now holding 50% of its assets in bitcoin.

Also Read: Thomson Reuters Adds Bitcoin Cash to Eikon Platform

Bitcoin-Heavy Hedge Fund

Bill Miller, chairman of Miller Value Partners LLC, has revealed in a recent interview that bitcoin holdings comprise approximately 50% of the assets in his MVP 1 hedge fund. He is a former chairman of Legg Mason Value Trust mutual fund and bought his place in the history books by beating the S&P 500 Index consecutively for fifteen years. Miller explained that he started by holding a much smaller amount in bitcoin but the investment quickly mushroomed along with bitcoins value and came to dominate half his portfolio.

Describing how a value investor like himself can benefit from riskier assets, Miller pointed to the negative reactions people had toward Amazon and Google when they first entered the market. He thinks that bitcoins vocal detractors on Wall Street like JP Morgans Jamie Dimon exhibit old thinking when it comes to a revolutionary new concept. This is similar to a sentiment expressed by fellow hedge fund mogul Mike Novogratz who recently said bitcoin skeptics are just too...

06:12

IOTA Gets Substantial Investment From Bosch Group VC Cointelegraph.com News

IOTA, the cryptocurrency for the IoT, announced a major investment from Robert Bosch Venture Capital. #NEWS

06:00

2:00PM Water Cooler 12/19/2017 "IndyWatch Feed Economics"

Today's Water Cooler: Net neutrality, Wasserman Schultz ballots, tax reform, Russia lunacy, housing, uranium, bitcoin, Uber, identity, quipu

06:00

Johnson on 2018 Bond Market Sell-Off, Bitcoin, and Commodities "IndyWatch Feed Economics"

By FS Staff 2017 has been a terrific year for investors overall. For 2018, Piper's Craig Johnson expects the S&P 500 to run up to 3000 in the first part of the year before a pullback of 15-20% on problems in the debt market. He suspects well see tax reform pushed...

05:50

A rational point of view: The future wealth in the Blockchain wont come from Bitcoin, but from the innovations that come after "IndyWatch Feed Economics"

A rational point of view: The future wealth in the Blockchain wont come from Bitcoin, but from the innovations that come after by Ken Schortgen The Daily Economist Yes it is very true that people are making very good...

The post A rational point of view: The future wealth in the Blockchain wont come from Bitcoin, but from the innovations that come after appeared first on The Daily Coin.

05:49

#MorningMonarchy: December 19, 2017 "IndyWatch Feed Nthamerica"

Artificial announcements, search results and bitcoin cheese + this day in history w/Bill Clinton impeached and our song of the year by Trevor Something on your Morning Monarchy for December 19, 2017.

05:44

Bitcoin Dominance Drops Below 50%, Litecoin and Other Altcoins Surge Rapidly News CCN

The post Bitcoin Dominance Drops Below 50%, Litecoin and Other Altcoins Surge Rapidly appeared first on CCN

The bitcoin dominance index has fallen below 50 percent for the first time since October, as alternative cryptocurrencies in the market such as Ethereum, Litecoin, and Ripple demonstrated strong performance over the past week. After a week-long rally, Ethereum, Litecoin, Ripple, Cardano, IOTA, Dash, NEM, and EOS, all of the top 10 cryptocurrencies with the

The post Bitcoin Dominance Drops Below 50%, Litecoin and Other Altcoins Surge Rapidly appeared first on CCN

05:42

What Im Buying for the Next 2 Weeks! "IndyWatch Feed Economics"

What Im Buying for the Next 2 Weeks!

Dear Reader,

Every year, from just before Christmas to December 31st, the tax laws in North America create a special situational opportunity.

Its called tax loss selling.

In order to NOT pay taxes on capital gains from investments like Bitcoin this year, investors can sell stocks that are down in price for a capital loss to lower (or even eliminate) the gain realized by other investments.

Despite the underlying fundamentals for the resource space, for 2017, most of the shares saw declines.

What I want to do over the next 2 weeks is buy into the resource sector, but I want to maximize our potential gains for 2018 by going for the commodity that has the most upside.

Our analysis points to one key mineral that is in what is perhaps one of the most severe, unfixable shortages weve ever seen.

And its all happening at a time where, for the first time since the 2007 housing crisis began, Americans are feeling more optimistic than theyve ever been.

In fact, for the first time since the start of the recession, Americans feel like it has finally ended and that lingering feeling of sluggishness is over.

The investment I want to suggest to you has two powerful forces behind it

1. Real physical supplies are in a major deficit, and its getting worse.

This means that even if demand fell for this commodity, the price would still need to rise because the gap between supply and demand is massive!

2. Demand continues to surge higher, but for the next 10 to 15 years, the world is facing a supply deficit that will only get larger!

The company that Ill be buying is Zinc One Resources (TSXV: Z & US: ZZZOF).

This company had the...

05:40

The Virtual Economy Is The End Of Freedom "IndyWatch Feed World"

The Virtual Economy Is The End Of Freedom | virtual-reality | Economy & Business Sleuth Journal Special Interests

There is one simple rule to follow when understanding the tragic history of economies: Never put blind faith in a system built on an establishment-created foundation. You would think this would not be a difficult concept to grasp being that we have so many examples of controlled economies and collapse to reference over the centuries, but in our era more than ever the allure of a virtual world with promises of endless wealth and ease is overwhelming.

Yes, I am referring primarily to cyptocurrency tulip-mania (sorry bitcoiners, the description is too fitting, it isnt going away), but not this issue alone. I am also referring to a far-reaching problem of which cryptocurrencies are a mere reflection. Namely, the fact that humanity is swiftly losing sight of what a true economy is and what it is supposed to accomplish. It is because of this reality that crypto is thriving.

First, lets be clear, fiat currencies are one of the first machinations of the virtual economy. Once paper currencies printed from thin air by central bankers were separated from tangible backing and accepted by the masses as valuable and worth trading labor for, the seed of financial cancer was planted. Today, there is one final step needed for the establishment to accomplish complete tyranny in global trade and that is to disconnect the masses fully from private transactions. In other words, we must be tricked into going digital, where privacy is an absurd memory.

Virtual economics is appealing for several reasons, most of them bad.

Americans and much of the west in particular are increasingly uncomfortable with the idea of real production. The latest generation coming into political and social influence, the millenials, is a perfect example. Surveys show American millenials more than any other generation lack basic workplace competency skills, including scoring low on arithmetic and reading comprehension. Often portrayed as tech savvy in popular culture and the media, millenials are quite inept when it comes to core skills that fuel strong business and tr...

05:30

PR: Crypto Trust Network $CTN ICO Launches: Its Time to Bring Trust Back to the Trustless Network and Fight Crypto Fraud Bitcoin News

Crypto Trust Network Fighting Crypto Fraud

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.

With over $220m lost to crypto criminals in 2017, BTCs surge, and new mainstream interest, the cryptocurrency marketplace is in dire need of new security tools and CTN delivers.

LONDON, United Kingdom Technology company Crypto Trust Network today announced the launch of their highly-anticipated token sale for their ERC20 token the CTN.

The company aims to reduce fraud and theft in cryptocurrency through a selection of tools for exchanges, wallets, and merchants. The tools reduce exposure to risk by adding an extra layer of trust to transactions such as identify verification, trust rating, and data analysis for wallet and transaction portfolio.

While fraud and theft have always been an issue, 2017 saw a marked increase in incidences. In January 2017, 1 Bitcoin (BTC) was valued at an average of $969. Just eleven months later, that same Bitcoin is set to steamroll through the $20,000 barrier. With alt coins also exploding in a bullish marketplace, people with less than honest intentions have also crowded the space, adding even more risk to the marketplace.

2017 was a watershed year for cryptocurrency, and it has erupted outside of its former nerdy space onto the public stage it is bigger than Taylor Swift, Beyonce, and all the Kardashians combined. However, this new popularity does mask a big problem: crypto is risky, and unlike banking, this is an unregulated industry with few of the safeguards that are offered by traditional banking, said Jim Dowling, CEO of Crypto Trust Network.

This is the issue that we are solving. Enthusiasts often talk about trustless networks. While they are a good thing, we need to build more trust and security into cryptocurrency so people especially mainstream investors reduce their vulnerability to fraud, theft, phishing, and service breaches.

The token sale for CTN will open to the public at 6:00pm GMT on Monday, Jan...

04:55

Investors Commit $100 Million to tZERO ICO CoinDesk

Overstock.com's blockchain subsidiary tZERO has already attracted millions in committed funds for its forthcoming token, just a day after opening.

04:35

Augur Price Jumps 100%, for No Apparent Reason? News CCN

The post Augur Price Jumps 100%, for No Apparent Reason? appeared first on CCN

The augur price doubled on Tuesday in what may be a coordinated pump-and-dump or at least a case of FOMO run wild. Augur Price Doubles Against the Dollar Augur, of course, is a much-anticipated decentralized prediction market that was bootstrapped through a token sale in 2015 long before the initial coin offering (ICO)

The post Augur Price Jumps 100%, for No Apparent Reason? appeared first on CCN

04:15

SEC Suspends Crypto Firm's Stock After Big Price Boost CoinDesk

The U.S. Securities and Exchange Commission (SEC) has suspended trading of a publicly-listed cryptocurrency firm.

04:08

Bitfinex Blocks New Users? Mystery Invitation Code Now Required To Register Cointelegraph.com News

Crypto exchange Bitfinex unexpectedly started requiring Invitation Codes at registration, but has yet to provide a way for users to obtain codes.

04:01

This Lightning Network Designer Is Re-Inventing Bitcoin Smart Contracts Bitcoin Magazine

This Lightning Network Designer Is Re-Inventing Bitcoin Smart Contracts

Bitcoin is usually not considered the blockchain best suited for self-executing conditional payments, better known as smart contracts. While it does support basic programmability to enable features like time locks and multi-signature (multisig) schemes, competing projects like Ethereum, Ethereum Classic or Qtum are often expected to better support more advanced applications.

However, a new wave of research is increasingly questioning this assumption. For example, Scriptless Scripts, a project spearheaded by Blockstream mathematician Andrew Poelstra, cleverly utilizes the magic of cryptography to move smart contracts off-chain, while leveraging Bitcoins security, but without requiring extensive smart-contract support on the Bitcoin protocol itself.

Along similar conceptual lines, Discreet Log Contracts (DLCs) could deploy another class of smart contracts on top of Bitcoin. A project by one of the authors of the original Lightning Network white paper, Tadge Dryja, and recently presented at Scaling Bitcoin Stanford, DLCs could realize blockchain-enforced insurance companies, futures contracts, dollar-pegged coins and much more.

Heres how that works.

Bets

Many types of smart contracts essentially boil down to bets.

Lets say, for example, that someone wants to insure himself against being unable to travel due to a potential pilot strike. That pe...

03:30

Nobel Winner Robert Shiller: Bitcoin Is Too 'Ambiguous' to Value CoinDesk

Nobel prize winning economist Robert Shiller believes there's no clear way to put a price on bitcoin, according to recent statements.

03:10

What is Ethereum and how is it different from Bitcoin? "IndyWatch Feed Economics"

What is Ethereum and how is it different from Bitcoin? by Vincent Briatore, CEO QUORA Originally Answered: How does Ethereum differ from Bitcoin technically? Click here to sign up for The Daily Coin FREE newsletter covering precious metals, war, health and prepper suggestions! Ok, Lets...

The post What is Ethereum and how is it different from Bitcoin? appeared first on The Daily Coin.

03:05

Bitcoin, Blockchain, And Local Currencies "IndyWatch Feed Nthamerica"

The world is on fire lately with the exponential growth of Bitcoin and other electronic cryptocurrencies. While some see these as speculative bubbles that are tied to nothing, used on the dark web to ransom hacked computers, and profligate users of electricity, others see Bitcoin and its ilk as our liberation from nation states and their central banks. Both could be true. Perhaps more important is that the platform underpinning Bitcoin, called blockchain technology, and later advances such as Ethereum, have the potential to completely transform the way that the world operates. Many people see the rise in Bitcoin as the result of a growing distrust in governments, official/artificial fiat currencies, corporations, institutions, and other people.

02:53

Bitcoin Price Drops $1,100 in Less Than Two Hours News CCN

The post Bitcoin Price Drops $1,100 in Less Than Two Hours appeared first on CCN

Bitcoin price fell by more than $1,100 in less than two hours during intraday trading on cryptocurrency exchange Bitfinex. Bitcoin Price Sheds $1,100 in 80 Minutes The bitcoin price had already been in decline leading into Tuesday morning, causing it to dip below the $19,000 level shortly before midnight ET. The downward slide continued throughout Continued

The post Bitcoin Price Drops $1,100 in Less Than Two Hours appeared first on CCN

02:50

Cryptocurrency Mindset: Pre-2017 Ideas "IndyWatch Feed Economics"

Cryptocurrency Mindset: Pre-2017 Ideas Junius Maltby Store of value, unit of account, utility, money. If I have accept crypto as payment for services or goods and others request it or desire that same crypto from me as compensation for...

The post Cryptocurrency Mindset: Pre-2017 Ideas appeared first on The Daily Coin.

02:47

17% of Bitcoin Reserves Stolen: Korean Exchange Youbit Declares Bankruptcy after Hack News CCN

The post 17% of Bitcoin Reserves Stolen: Korean Exchange Youbit Declares Bankruptcy after Hack appeared first on CCN

The company that operates South Korean cryptocurrency exchange Youbit filed for bankruptcy after the trading platform was breached for the second time this year. Youbit Files for Bankruptcy After Second Hack This Year Tuesday morning, the Seoul-based Youbit published an announcement informing users that a hacker had successfully breached the exchanges hot wallet, absconding with Continued

The post 17% of Bitcoin Reserves Stolen: Korean Exchange Youbit Declares Bankruptcy after Hack appeared first on CCN

02:46

Brock Pierce Discusses Bitcoin Stories Bitcoin Knowledge Podcast Learn about blockchain and fintech

Crypto Currency Partners managing partner Brock Pierce discusses the Bitcoin stories and raising capital.

02:40

EU Looking to Protect Banks from Bitcoin: Former MI5 Agent Cointelegraph.com News

The European Unions plans to tighten up cryptocurrency regulation are supposed to improve the prevention of money laundering and to cut off terrorist financing. But could it be in the interest of big banks? #REGULATIONS

02:30

Bitcoin Exchange Youbit to Declare Bankruptcy After Hack CoinDesk

A South Korean bitcoin exchange is moving to declare bankruptcy following what it said was a debilitating cyber attack.

01:45

Estonia Inches Closer to National 'Crypto Token' Launch CoinDesk

The Baltic nation of Estonia has revealed more concrete plans for the launch of its own digital token, dubbed "estcoin."

01:00

Daily Digest 12/19 - Danish Bank Issues Stark 'Deadly' Bitcoin Warning, The Road To Food Sovereignty "IndyWatch Feed Economics"

Daily Digest 12/19 - Danish Bank Issues Stark 'Deadly' Bitcoin Warning, The Road To Food Sovereignty
  • Danish central bank head issues stark warning on 'deadly' bitcoin
  • Bitcoin to Hashgraph: The Crypto Revolution (Hidden Secrets of Money Episode 8)
  • Broken bonds: The role Wall Street played in wiping out Puerto Ricans' savings
  • St. Louis Fed Promotes The Mathematically Impossible
  • U.S. lawmakers are redistributing income from the poor to the rich, according to massive new study
  • An Argument Against AGI
  • OPEC vs IEA: Whos Right On Oil Prices?
  • Let it go: The Arctic will never be frozen again
  • The road to food sovereignty
  • Ohio River Towboat Captain Navigates A Changing America
  • The sun is blank, NASA data shows it to be dimming

Join the conversation

Tuesday, 19 December

23:59

10 Tuesday AM Reads "IndyWatch Feed Economics"

My Two-for-Tuesday morning train reads:  The GOPs Corporate Tax Cut May Not Be As Big As It Looks (FiveThirtyEight) see also Analysis of the Tax Cuts and Jobs Act (Tax Policy Center)  The Hard Math Behind Bitcoins Global Warming Problem (Wired) see also Of bitcoin, body snatchers and Buffett (Wonkblog)  CRISPR in 2018: Coming to a human near you (MIT Technology

Read More

The post 10 Tuesday AM Reads appeared first on The Big Picture.

16:00

South Korean cryptocurrency exchange goes bust after hack attack "IndyWatch Feed World"

A cryptocurrency exchange in South Korea said it is shutting down and filing for bankruptcy after it was hacked for the second time this year. It lost 17 percent of its assets in the cyberattack.

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