Cryptocurrency news

• Trade with Information on the Otcrit Platform

  28-01-2018 23:45 via newsbtc.com
  A new European startup is taking a much-needed approach when it comes to blockchain-based project evaluations. The new crypto-economy is growing with unprecedented speed, but the biggest issue in this industry remains the lack of transparency and authentic information.
  Otcrit is building a community of researchers, traders, and investors that will have the opportunity to share their knowledge and profit from it. All members will have access to a wide range of in-depth technical analyses and repo
  
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• VC-Backed Startup is Using Blockchain to Get Millennials to Become Travel Agents

  28-01-2018 23:19 via newsbtc.com
  The travel and tourism industry is a major revenue driver for the global economy. In 2016, economists estimated that the travel and tourism industry contributed about $7.6 trillion to the global economy – thereby being responsible for as much as 10.6% of the world’s GDP. In fact, the travel and tourism industry is one of the biggest employers of labor in the global economic landscape as it boasts of providing one in every 10 jobs.
  Millennials and Generation Z are major pillars uphold
  
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• So You’re Now in Crypto, But How Do you Get Out?

  28-01-2018 23:09 via newsbtc.com
  Benjamin Franklin said that they only sure things in life are death and taxes. Benjamin Franklin didn’t live in the cryptocurrency age. Because if he did, he’d expand that list. Death, taxes, and the volatility of cryptocurrencies. This is to be expected, however, it’s not every day that the way we’ve been handling currency for over 3,000 years gets a shake-up you know.
  This volatility shouldn’t scare us away from the potential and future of blockchain. But it does
  
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• Coinbase CEO Praises Ethereum-Based Decentralized Airbnb Project

  28-01-2018 23:07 via feedproxy.google.com
  
  Brian Armstrong, the CEO of Coinbase, praised CryptoCribs, an Ethereum-based Airbnb competitor, who’ve delivered a commercially successful decentralized application without raising funds via an initial coin offering (ICO) model. As Aragon co-founder Luis Cuende previously stated, developers within the blockchain sector have started to learn the money of code in Ethereum. Cuende noted that he […]
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• Tether Controversy Intensifies: Relationship With Auditor Dissolves

  28-01-2018 23:00 via newsbtc.com
  Reports are emerging that the supposedly dollar-backed cryptocurrency Tether has ended their relationship with the company responsible for auditing them. Friedman LLP had been drafted in to prove to Tether naysayers that every USDT token did indeed have a dollar sitting in an account representing it. Tether stated at the end of last summer:
  “Friedman LLP has been engaged to perform historical balance sheet audit procedures for Tether Limited. However, as the amount of Tethers in circulatio
  
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• “Build a platform, not a product” is the approach taken by Otcrit

  28-01-2018 22:41 via newsbtc.com
  Many companies fail when they focus all their effort and development on one single product or a service. Every single market is changing rapidly and trying to be good at only one thing is not enough for the high demanding customers. The problem comes when a good product loses its popularity or the customer base has switched to a completely new trend.
  Since the markets are moving faster than we can react, the time it takes for any organization to plan and develop a new strategy often means losing
  
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• Armed Robbers Enter Home, Force Bitcoin Trader to Transfer Funds

  28-01-2018 22:14 via newsbtc.com
  Moulesford, Oxfordshire: In what is believed to be the first attack of its kind in the UK, armed robbers broke into the family home of a Bitcoin trader and forced him to transfer his cryptocurrency to them. According to local police, four robbers in balaclavas forced entry into the house, before tying up the man’s wife and threatening him at gunpoint to hand over an unknown amount of Bitcoin, which, as of today, is worth more than $11,000 per coin.
  A local resident desc
  
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• Cryptocurrencies Rebound as Coincheck Promises to Reimburse $534 Million

  28-01-2018 21:52 via newsbtc.com
  Cryptocurrencies are rebounding following one of the largest cyber thefts in history, after the victim, Coincheck, confirmed that it will issue full refunds to the 260,000 users who lost funds. As a reminder: Japanese exchange Coincheck was hacked this past Friday (January 26th) resulting in a loss of 523 million NEM coins, worth approximately $534 million.During a press release following the hack it was revealed by the exchange’s representatives that the funds wer
  
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• BlockEx Raises $24 Million in Funding

  28-01-2018 21:05
  BlockEx has another ICO coming up in February too.
  
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• New Gold Standard in Online Marketplace

  28-01-2018 20:59 via newsbtc.com
  The rise of the ICOs has been difficult to ignore and what once was seen as a gimmick is now threatening to reshape the venture capital industry, particularly when it comes to financing early stage companies. One of the main issues usually highlighted against ICOs and investing in tokens is that these assets are not backed by anything. The gold standard may be over and one can argue that fiat money, such as the US dollar, is only as good as the government that issued it. Another argument is that
  
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• Men Break into House, Steal Bitcoin at Gunpoint

  28-01-2018 20:28
  Hackers now seem to be the least of cryptocurrency holders' worries.
  
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• (+) Long-Term Cryptocurrency Analysis: Ethereum Leads Yet Another Rally Attempt

  28-01-2018 19:53
  The post (+) Long-Term Cryptocurrency Analysis: Ethereum Leads Yet Another Rally Attempt appeared first on CCN
  The post (+) Long-Term Cryptocurrency Analysis: Ethereum Leads Yet Another Rally Attempt appeared first on CCN
  
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• Is Starbucks having an ICO?

  28-01-2018 19:13
  The post Is Starbucks having an ICO? appeared first on CCN
  Starbucks Executive Chairman Howard Schultz raised a few eyebrows when he brought up cryptocurrency during a conference call discussing the company’s latest quarterly earnings. The former CEO told listeners he believes that widely-accepted digital currencies will arrive within the next few years. Schultz also expressed his doubt that bitcoin will be one of them, saying
  The post Is Starbucks having an ICO? appeared first on CCN
  
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• New Hardware Wallet Giza Device to Become All-In-One Security Solution

  28-01-2018 19:11
  The post New Hardware Wallet Giza Device to Become All-In-One Security Solution appeared first on CCN
  This is a sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. The number of internet users crossed the 3 billion mark in 2017. This means that nearly half of the world’s population is now online, and that the number of
  The post New Hardware Wallet Giza Device to Become All-In-One Secur
  
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• Bitcoin vs. Economy 101

  28-01-2018 17:53
  The post Bitcoin vs. Economy 101 appeared first on CCN
  Every Intro to Macroeconomics course defines money and describes the functions, types, and characteristics of money.  Large stone wheels, tea bricks, cheese, shells, dog teeth and countless other items have been used for money.  The use of money leads to a more efficient allocation of resources and eliminates barter and the double-coincidence of wants.  Almost
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• Cryptocurrency Market Continues Recovery as Ethereum Records 15% Gain

  28-01-2018 16:08
  The post Cryptocurrency Market Continues Recovery as Ethereum Records 15% Gain appeared first on CCN
  The cryptocurrency market has continued to recover at a rapid rate over the past 24 hours, as several major cryptocurrencies such as bitcoin and Ethereum recorded major gains. Ethereum’s Massive Gain In particular, Ether, the native cryptocurrency of the Ethereum network, demonstrated a staggering 15 percent increase in price overnight, from around $1,100 to $1,235.
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• Ethereum Price Rises by 15% Amid Anticipation of Major Scaling Solutions

  28-01-2018 14:46 via newsbtc.com
  A bright future looms ahead for all cryptocurrencies in the coming years. Especially Ethereum seems to be having a pretty good day today. With the price up by over 14%, it is evident the community anticipates some big changes. With sharding and Casper on the horizon, this sentiment is more than warranted. It is still up to the developers to deliver on their initial promises. That may prove to be rather difficult, although things are progressing nicely on the testnet.
  The year 2017 has been prett
  
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• The SEC on ICOs and Cryptocurrency: A Rocky But Optimistic Ride

  28-01-2018 14:18
  The post The SEC on ICOs and Cryptocurrency: A Rocky But Optimistic Ride appeared first on CCN
  The United States Securities and Exchange Commission (SEC) has been very cautious in its statements on ICOs and cryptocurrency as they attempt to strike a balance between embracing a technological revolution and avoiding the stifling of innovation. They aren’t seeking to dismember the cryptocurrency space, but rather provide guidance on how to operate and comply with
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• Blockchain Will Eliminate Waste and Redundancy in the Logistics Industry

  28-01-2018 12:47
  The post Blockchain Will Eliminate Waste and Redundancy in the Logistics Industry appeared first on CCN
  Immutability, transparency and the elimination of intermediaries are some of the most cherished attributes of the blockchain upon which a lot of disruption is happening across various industries. Being able to keep track of processes, goods and services across extended chains of communication is a development that has become very essential to the social and … Continued
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• Nigeria’s Central Bank Governor: Bitcoin Investing is a ‘Gamble’

  28-01-2018 12:25
  The post Nigeria’s Central Bank Governor: Bitcoin Investing is a ‘Gamble’ appeared first on CCN
  Nigeria’s central bank governor has become the latest to speak out against bitcoin, claiming that investing in it is a ‘gamble’ and that it may need to be regulated. Bloomberg reports that speaking during an interview in Nigeria’s capital city Abuja, Godwin Emefiele, the governor of the Central Bank of Nigeria, said: Cryptocurrency or bitcoin is like
  
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• Latest Zcash Ceremony Used Chernobyl Waste

  28-01-2018 12:21
  Zcash's latest private Powers of Tau ceremony used nuclear waste in a small aircraft to generate random code, helping to ensure the network's privacy.
  
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• Latest Zcash Ceremony Used Chernobyl Nuclear Waste

  28-01-2018 12:21
  Zcash's latest private Powers of Tau ceremony used nuclear waste in a small aircraft to generate random code, helping to ensure the network's privacy.
  
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• Major Oil Company is Using Ethereum Blockchain to Process Gas

  28-01-2018 12:00 via newsbtc.com
  The number of use cases for blockchain is quite substantial. It is evident there are a lot of opportunities waiting to be explored. Amalto SA and ConsenSys are teaming up for a new joint venture. The goal is to use the Ethereum blockchain to automate ticket-based processes of oil and gas. It is a pretty interesting concept well worth looking into. This new venture will be known as Ondiflo and aims to revolutionize the energy industry as a whole.Using the Ethereum blockchain for oil and gas-relat
  
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• Coincheck Promises to Compensate Theft Victims at 81 Cents to the Dollar

  28-01-2018 11:24
  In tandem with this, NEM announces a new tracking feature, making the stolen funds useless to the thieves.
  
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• NIST Releases Blockchain Report for Businesses Beginners

  28-01-2018 11:20
  The U.S. National Institute of Standards and Technology has issued a blockchain report aimed to assist businesses considering adopting the technology.
  
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• NIST Releases Blockchain Report for Business Beginners

  28-01-2018 11:20
  The U.S. National Institute of Standards and Technology has issued a blockchain report aimed to assist businesses considering adopting the technology.
  
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• Indian Bitcoin Exchange Zebpay Adds Litecoin Support

  28-01-2018 11:19
  The post Indian Bitcoin Exchange Zebpay Adds Litecoin Support appeared first on CCN
  On January 25, 2018, Zebpay, one of India’s most popular mobile-based cryptocurrency exchanges, announced the addition of Litecoin to its trading platform. In a blog post on its website, the company stated that the cryptocurrency is one of the several other tokens that are also scheduled to be added in the near future. Litecoin, released
  The post Indian Bitcoin Exchange Zebpay Adds Litecoin Support appeared
  
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• The Periodic Table of Blockchain: How to Classify Tokens

  28-01-2018 10:11
  Defining criteria for digital asset will move forward the whole industry and simplify the jobs of investors and regulators, says Pavel Kravchenko.  
  
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• The Periodic Table of Blockchain

  28-01-2018 10:11
  Defining criteria for digital asset will move forward the whole industry and simplify the jobs of investors and regulators, says Pavel Kravchenko.  
  
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• CFTC Indicates Hedge Funds Expect Bullish Bitcoin Price Momentum

  28-01-2018 10:00 via newsbtc.com
  Bitcoin futures have not made an immediate impact on the market as of yet. That situation may come to change a lot sooner than people realize. Multiple hedge funds are currently looking at these futures contracts in a positive light. More specifically, new figures indicate we will see some bullish momentum affecting the market very soon. That is a more than welcome change from the current bearish sentiment haunting the market.
  According to the CFTC, a shift in sentiment regarding Bitcoin futures
  
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• All $425 Million Worth of Hacked NEM Will be Refunded to Investors

  28-01-2018 09:32 via newsbtc.com
  Coincheck have announced that they will refund all customers affected by the hack we reported on yesterday. The major Japanese exchange had previously declared that their security had been compromised to the tune of 523 million NEM tokens. This makes the dollar value of the breach over 400 million. The Tokyo-based exchange have today stated that they will pay back all those users who lost out thanks to their negligent storage practices.
  According to the statement, there were 260,000 users a
  
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• Ethereum Price Weekly Analysis – ETH/USD Gaining Momentum

  28-01-2018 07:16 via newsbtc.com
  Key HighlightsETH price is trading higher and it recently moved above the $1010 resistance against the US Dollar.
  There was a break above a significant bearish trend line with resistance at $1006 on the 4-hours chart of ETH/USD (data feed via SimpleFX).
  The pair is gaining momentum and it could move above the $1160 level in the near term.Ethereum price is moving higher against the US Dollar and Bitcoin. ETH/USD is moving nicely in the bullish zone towards $1160 and $1200.
  Ethereum Price Support
  
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• Bitcoin Price Weekly Analysis – Can BTC/USD Break $12,000?

  28-01-2018 07:16 via newsbtc.com
  Key PointsBitcoin price is slowly moving higher and is currently trading above $11,000 against the US Dollar.
  There was a break above a monster bearish trend line with resistance at $11,000 on the 4-hours chart of the BTC/USD pair (data feed from SimpleFX).
  The price is likely forming a solid support base above the $10,500 level, which can be seen as a pivot level.Bitcoin price is preparing for further gains above $12,000 against the US Dollar. BTC/USD is now well supported on the downside at $1
  
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• Bitcoin Cash Price Weekly Analysis – Can BCH/USD Recover?

  28-01-2018 07:15 via newsbtc.com
  Key PointsBitcoin cash price has formed a support base around the $1480 level against the US Dollar.
  There was a break above a crucial bearish trend line with resistance at $1630 on the 4-hours chart of BCH/USD (data feed from Kraken).
  The pair is still struggling to gain upside momentum above the $1700 and $1800 resistance levels.Bitcoin cash price is holding the $1500 support against the US Dollar. BCH/USD needs to gain momentum above $1700-1800 to recover further in the near term.
  Bitcoin Cas
  
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• Bitcoin Not a ‘Legitimate’ Currency, But a Trusted Digital Currency Could Be: Starbucks Chairman

  28-01-2018 03:06
  The post Bitcoin Not a ‘Legitimate’ Currency, But a Trusted Digital Currency Could Be: Starbucks Chairman appeared first on CCN
  Bitcoin is not a “legitimate” currency, but a digital currency could one day form the linchpin of a cashless future, at least according to Starbucks Executive Chairman Howard Schultz. Schultz made this prediction during a post-earnings conference call on Thursday, stressing — as mainstream executives so often do — that distributed led
  
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• Tether Confirms Its Relationship With Auditor Has 'Dissolved'

  28-01-2018 00:43
  The statement, provided Saturday evening, confirms the suspicions of online sleuths and is likely to raise new questions about the company's finances.
  
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• Mainstream media says “Bitcoin is not a currency”

  28-01-2018 00:30 via crypto-news.net
  A few days ago, a national news outlet CNBC released an article claiming that Bitcoin is not a currency, sourcing this opinion from a digital currency entrepreneur, Balaji Srinivasan the CEO of Earn.com, a crypto project that we’ve discussed here on Crypto-News.net a couple of months ago.
  Bitcoin has grown up to the point where it is no longer viable to use it to make payments. The network is too slow, the transaction fees are too large, and it works less and less as a currency, but rather
  
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