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BITCOIN


The price of bitcoin had remained relatively stagnant over the past two months, but investors appear to be quietly gearing up for a bull run, at least according to a new report on bitcoin futures contracts released by the Chicago Mercantile Exchange (CME). Launched at the height of last year’s bitcoin rally, the CME bitcoin futures …

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Bitcoin (BTC) is again trading in a narrowing price range above $6,400, but the lateral trading may soon give way to a rally, according to technical studies. The price consolidation comes after Monday’s big spike to three-week highs above $6,800, which weakened the bearish case put forward by last Thursday’s violation of key support. However, …

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Half a dozen lawsuits against the allegedly fraudulent cryptocurrency scheme BitConnect have now been combined into a single legal effort. According to court documents filed last Thursday, a new Amended Consolidated Class Action Complaint has been initiated in the U.S. District Court for the Southern District of Florida. The new class action – coming months …

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A new privacy paper surfaced in the “bitcoin wizards” chat channel Wednesday bearing a familiar name – “Tom Elvis Jedusor,” the French version of Tom Riddle (better-known as Harry Potter’s archenemy Lord Voldemort). Strange as it sounds, this isn’t the first time this happened. A little more than two years ago, a protocol improving two of …

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Bitcoin futures trading is up. American financial market company CME Group Inc. announced on Twitter early on the morning of Wednesday, October 17, 2018, that its futures products are experiencing rising volume, explaining, “In Q3, Bitcoin futures average daily volume rose 41% and open interest was up 19% over Q2.” This is a massive improvement …

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Following a partnership between Samourai Wallet and goTenna, which now allows users to send bitcoin transactions offline, one developer in New Zealand is staying ahead of the curve. Detailing the feat in a series of tweets, Rigel Walshe used a $27 entry level, Android smartphone and four goTennas (portable devices used to create off-grid radio signals) to successfully send …

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Crypto continues to move forward with Bitcoin comparisons to gold, stablecoin drama, a Binance partnership, and developments in blockchain’s impact on supply chain — all while Bitcoin attempts to break out. Here’s today’s action! Why Bitcoin Is Better Than Gold Bitcoin was explained as better than gold today, in an article stating – “Bitcoin is …

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The law offices of Pomerantz LLP in New York have filed a series of civil suits against MGT Capital Investment and its executive officers on behalf of several of the trading firm’s past or present customers. The suits allege that between October 9, 2015 and September 7, 2018, the company violated laws set forth by …

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Like Walmart with pork from China and Maersk with shipping containers, DMG Blockchain Solutions (DMG) is hoping to be the first global supply chain company to manage cannabis products on the blockchain, initially in Canada — and then around the world. Canada’s legalization of cannabis came into effect today on October 17, 2018, and Vancouver-based …

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The law offices of Pomerantz LLP in New York have filed a series of civil suits against MGT Capital Investment and its executive officers on behalf of several of the trading firm’s past or present customers. The suits allege that between October 9, 2015 and September 7, 2018, the company violated laws set forth by …

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It’s been a year since The Magical Crypto Friends have established an ad-hoc assembly in order to educate the public against the numerous attempts to overtake Bitcoin, and their commitment to the cause has been constant and seemingly-relentless. What started as an informative video podcast which slams SegWit2X, Bitcoin Cash (which is often referred to …

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This post was originally published here Binance, the biggest cryptocurrency exchange by trading volume, is working with crypto compliance and investigation software provider Chainalysis to implement a new global compliance solution, the companies announced Wednesday. As part of the partnership, Chainalysis will provide access to its “Know Your Transaction” compliance software, enabling the exchange to …

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This post was originally published here A Russian intellectual property startup has signed a memorandum with officials from Uzbek capital Tashkent to integrate blockchain for use in copyright, Russian state news agency TASS reports Tuesday, Oct. 16. The president of the Russian National Intellectual Property Transactions Coordination Center (IPChain), Andrey Krichevsky, met the head of …

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This post was originally published here “Airdrops are good for crypto users.” Those are the unequivocal words of cryptocurrency wallet and data provider Blockchain in a new white paper that sets out why it believes token giveaways can be beneficial for both individuals and the crypto ecosystem, while announcing a new program aimed to assist …

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This post was originally published here Fernando Haddad, the presidential candidate for the Brazil Workers’ Party, has published his government plan via blockchain, per an announcement published on his website Oct. 14. According to the release, Haddad decided to use blockchain technology for disseminating information about his presidential campaign after a long-term struggle with fake news reports. As information stored on a blockchain …

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Time and time again, gold naysayers have gone to great lengths to dispel its value. “You can’t eat gold,” they would say. This was, apparently, proof that gold is not, in fact, money. Now, the same sort of arguments are being leveraged against bitcoin. “You can’t even hold it,” “it’s too volatile,” “it’s imaginary money…” …

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Forcing a bitcoin (BTC) price breakout is looking anything but easy for the bulls, with the path to $7,400 being littered with resistance levels. Stepping back, the leading cryptocurrency jumped above $6,800 on Monday, neutralizing the bearish view put forward by a downside break of a trendline support last Friday. The sharp recovery from lows …

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This post was originally published here Civil, the New York-based startup aiming to put journalism on a blockchain, has announced it will issue refunds to users who participated in its token sale, as it failed to meet a pre-set minimal requirement. Matthew Iles, Civil’s chief executive officer, wrote in a blog post on Tuesday that …

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This post was originally published here A recent study by the Depository Trust & Clearing Corporation (DTCC), a post-trade financial services firm, has found that distributed ledger technology (DLT) is scalable enough to support daily trade volumes of the U.S. equity market, according to a press release published Oct. 16. The blockchain scaling problem is …

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This post was originally published here The market is starting to differentiate between stablecoins, even though these cryptocurrencies are all designed to trade 1-to-1 with fiat. Several U.S. dollar-pegged cryptocurrencies are now trading either significantly higher or significantly lower than the greenback, reflecting investors’ perceptions of their relative risk. Given that stablecoins are typically used …

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