Cryptocurrency news

• IRS Investigations into Cryptocurrency Holders, a Positive Sign

  31-03-2018 22:36 via newsbtc.com
  The Beneficial Impact of Regulatory Scrutiny on Cryptocurrencies.
  There has been a crypto gold rush going on and the authorities have taken note. The IRS considers crypto to be an asset and thus should be taxed. Accordingly, it has taken measures to track all crypto holders, which has got many people concerned. However, the IRS actions can actually have a positive effect on cryptocurrencies.
  Recently, the IRS ordered Coinbase, one of the biggest exchanges in the US, to furnish it with data on al
  
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• China May Follow Global Cryptocurrency Regulations, Central Bank Report Suggests

  31-03-2018 22:15 via newsbtc.com
  China’s central bank states that the country is willing to support a global regulatory framework for cryptocurrency established by G20.
  China’s Central Bank Supports Global Regulatory Framework
  The Institute of International Finance, a part of The People’s Bank of China (PBOC), offered new insight to the country’s cryptocurrency policy on its “Global Banking Industry Outlook Report” released this week. The central bank and government are already deep
  
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• Thai Finance Ministry Releases Final Version Of Cryptocurrency Tax Framework

  31-03-2018 22:05 via cointelegraph.com
  Thailand releases long-expected crypto tax regulations, former Thai Finance Minister warns against “conservative instincts” leading to “draconian regulations” #NEWS
  
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• Bitcoin Records 7% Increase as Cryptocurrency Market Rebounds From Yesterday’s Losses

  31-03-2018 20:53
  After dipping below $6,500, the price of bitcoin has increased 7 percent to $7,100, as the rest of the cryptocurrency market recovered over the past 24 hours. Since March 30, the valuation of the cryptocurrency market rose from $250 billion to $268 billion, by around 8 percent. Correlated Movements On March 29, Cornell professor Emin … Continued
  The post Bitcoin Records 7% Increase as Cryptocurrency Market Rebounds From Yesterday’s Losses appeared first on CCN
  
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• Major Russian Bank Looks To Pilot Crypto Transactions In Switzerland

  31-03-2018 19:43 via cointelegraph.com
  Gazprombank will start crypto transactions pilot in Switzerland following on heels of January announcement by Sberbank of opening a crypto exchange in that same country #NEWS
  
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• Bitcoin Futures the Beginning of a New Derivatives Class: Wedbush Securities Director

  31-03-2018 19:23
  Less than three months have passed since the first Bitcoin futures contracts exchanges hands on a regulated US exchange, but one industry veteran says that his clients are already clamoring for more cryptocurrency derivatives. Bitcoin Futures the Beginning of a New Derivatives Class: Wedbush Securities Director Bob Fitzsimmons, who spent decades in the trading pits
  The post Bitcoin Futures the Beginning of a New Derivatives Class: Wedbush Securities Director appeared first on CCN
  
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• A Lower Bitcoin Transaction Volume is a Sign of Maturity

  31-03-2018 18:44 via newsbtc.com
  Things are not looking great for Bitcoin as of right now. The price is dropping, and so are the number of transactions. This latter part is always subject to interpretation, though. While things may look a bit bleak now, there is no reason to believe the situation won’t improve. In fact, it seems things will most certainly get better over the next few months.
  Bitcoin Transaction Volume Dip
  Using Bitcoin as a currency means competing transactions. When the Bitcoin transaction numbers are on
  
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• Slump Begone: What’s Next For Cryptocurrencies? Tokens & Purpose

  31-03-2018 17:22
  I know most of you are worried about price and the recent slump in the overall market valuation. Personally speaking, that does not concern me one bit as I believe this price and volume downfall is just temporary. As I mentioned before the market is no-where near maturity as the basis technology – distributed ledgers
  The post Slump Begone: What’s Next For Cryptocurrencies? Tokens & Purpose appeared first on CCN
  
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• The 7 Biggest Mistakes ICO Marketers Make

  31-03-2018 16:54 via newsbtc.com
  ICOs have revolutionised the way startups are conceived, created and funded; the traditional venture capital model is now well and truly disrupted. According to figures collated by Coinschedule, investment dollars in ICOs were merely in the millions in 2016, but last year the figure soared into the billions. We’ve barely turned the corner into 2018, but a total of $2.8 billion has already been tied up in new token offerings, suggesting the ICO boom is far from over.
  It’s not all good
  
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• FBI Publishes PSA About Tech Support Fraud Targeting Cryptocurrency Holders

  31-03-2018 16:25 via cointelegraph.com
  The FBI’s recent PSA tells crypto investors to be careful about contacting alleged “tech support” due to noted increase in tech support scams to steal crypto holdings #NEWS
  
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• Opinion: Bitcoin’s Biggest Problem Isn’t Child Porn, It’s GDPR

  31-03-2018 16:17
  This week, a barrage of articles came out proclaiming bitcoin’s demise. They had titles like “Bitcoin Could Become Illegal Almost Everywhere, After Shocking Discovery in The Blockchain“, “Bitcoin’s (BTC) Story May Have Come To An End” and even “Child Abuse Content on Bitcoin Blockchain: Can Node Operators Be Prosecuted?“. The basic premise of these articles is
  The post Opinion: Bitcoin’s Biggest Problem Isn’t Child Porn, It’s
  
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• Japan: Operator Of GMO Exchange Promises To Improve Data Security After Regulator Order

  31-03-2018 16:03 via cointelegraph.com
  Operator of Japanese crypto exchange GMO Coin establishes new group to increase security measures for customer information #NEWS
  
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• Nigeria’s Central Bank Warns Against Cryptocurrency Investments, Again

  31-03-2018 14:50
  Nigeria as a nation is popular for its peculiarity on how to interpret events, developments and innovations, especially when it has to do with technological disruptions. Often times, this popularity happens for the very wrong reasons, but in the long run, the dust usually settles and ideas take off with the correct solutions that they
  The post Nigeria’s Central Bank Warns Against Cryptocurrency Investments, Again appeared first on CCN
  
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• Crypto Markets Experience Slight Uptick After Week Of Lows

  31-03-2018 14:33 via cointelegraph.com
  BTC and ETH are trading above the psychological price points of $7,000 and $400 today after a week of sinking prices #NEWS
  
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• IBM Is Finally Getting Serious About Cryptocurrency

  31-03-2018 14:05
  IBM is breaking from enterprise blockchain norms by publicly working with cryptocurrencies in a wide range of projects.
  
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• IBM Evolution: Big Blue Is Finally Getting Serious About Cryptocurrency

  31-03-2018 14:05
  IBM is breaking from enterprise blockchain norms by publicly working with cryptocurrencies in a wide range of projects.
  
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• Company Enables Artists to Sell Unlimited Concert Tickets by Using Blockchain-Powered VR

  31-03-2018 13:45 via cointelegraph.com
  Favorite artist sold out? Now you can attend through virtual reality. #SPONSORED
  
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• Cryptex markets

  31-03-2018 13:26 via crypto-news.net
  Cryptex markets is an options based crypto exchange providing a social trading functionality to institutional and retail level investors.
  The platform is based on an end to end encrypted highly secure trading portal with access to Crypto, Forex, Stock, Index and Commodity options.
  The next step for Cryptex is the issue of the token that is an asset backing formula for the exchange, for certain level account holders an airdrop is expected to provide a 1 token per $10 held in the exchange ratio.
  C
  
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• Bank of England to Test Blockchain Tech in Domestic Payments System

  31-03-2018 13:21
  The Bank of England is beginning its Proof of Concept (PoC) to examine its potential in RTGS functionality with decentralized blockchain technology. Providing a resilient, strong, innovative system for the UK in mind, the PoC serves as a response to changes within the fintech industry. The Bank looks to protect financial stability along with embracing
  The post Bank of England to Test Blockchain Tech in Domestic Payments System appeared first on CCN
  
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• Everything You Were Afraid to Ask About Crypto Taxes

  31-03-2018 13:00
  There's a lot of information to process, but ignoring it can be hazardous. The IRS is going to come after investors who are not reporting their gains.
  
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• An Inside Look At China’s Government Controlled Cryptocurrency Project

  31-03-2018 11:01
  China, a country that has exerted more control over cryptocurrency than most, continues to move forward in its efforts to introduce a government-controlled cryptocurrency. A group of Shanghai reporters recently got a chance to learn about this secretive project during the Global Blockchain Summit Forum, sina.com.cn reported. The visit shed light on the extent of
  The post An Inside Look At China’s Government Controlled Cryptocurrency Project appeared first on CCN
  
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• Thought – The World’s First Mineable Public AI Blockchain Is More Than Just a Regular ICO Project

  31-03-2018 10:50
  This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned
  The post Thought – The World’s First Mineable Public AI Blockchain Is More Than Just a Regular ICO Project appeared first on C
  
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• NEO, EOS, LTC, IOTA and Lumens: Altcoins Technical Analysis March 31, 2018

  31-03-2018 10:30 via newsbtc.com
  If Bitcoin is dead or not, that’s subject to interpretation. Of course, it also depends on if you are a supporter or not. In my opinion, if BTC depreciation continues, other (most) altcoins might follow suit.
  Besides Tron which is charting new heights and aiming for a spot in the top 10-its down 20% in the last 24 Hrs, others like LTC continue to face the sword. From our altcoins technical analysis, we might expect to see some slight recovery and thereafter, prices might continue dropping
  
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• GIFcoin: Gambling Investment Fund – an ERC-20 Token Supported by a Real, Money-Generating Business

  31-03-2018 09:16
  This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned
  The post GIFcoin: Gambling Investment Fund – an ERC-20 Token Supported by a Real, Money-Generating Business appeared first on CCN
  
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• Decentralized vr Marketplace for Celebrities and Their Fans

  31-03-2018 08:30 via newsbtc.com
  The demand for international artists to perform live in cities around the world is far beyond the supply for available venues. This leads to significant missed revenue for celebrities, not to mention that fans miss out on a chance to experience their favorite concerts, events, and shows in person. To cope with this growing demand, the music industry has adopted some solutions such as providing live streaming and recording material to avid fans.However, these solutions are limited and don’t
  
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• End of Month Roundup: Cryptocurrency Winners and Losers in March

  31-03-2018 05:22 via newsbtc.com
  Top performing cryptocurrencies in March were Tron and Binance Coin. The biggest losers were Neo, Ethereum and Cardano. 
  Another month has passed in crypto land and it is time to review the winners and losers over the past 31 days. March has been a pretty tumultuous month for cryptocurrency markets with a new low for the year on the 30th and markets continuing to slide at the end of the month. Overall crypto market capitalization has fallen 40% over the month from around $450 billion at the
  
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• Criminal Bitcoin Trader Found Guilty of Money Laundering in Arizona

  31-03-2018 04:52
  Though many convicted criminals serve time and receive help reforming, for one Bitcoin trader, his record continues to grow from felony marijuana charges to money laundering. First reported by CCN earlier as an “unlicensed money transmitting business,” it appears as though Thomas Mario Costanzo, who often goes by ‘Morpheus Titania,’ hasn’t yet learned his lesson
  The post Criminal Bitcoin Trader Found Guilty of Money Laundering in Arizona appeared first on CCN
  
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• Cisco Developing Confidential Communications Via Blockchain In Patent Filing

  31-03-2018 03:42 via cointelegraph.com
  US IT giant Cisco filed a patent on a method for decentralized group communication in order to solve common problems faced by ad hoc messaging groups. #NEWS
  
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• Not Everyone’s a Fan of the CFTC Chairman aka ‘Cryptodad’

  31-03-2018 02:30
  As commodities regulators go, few have managed to attain the cult following that US Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo has assembled in recent weeks. However, the markets supervisor — nicknamed “cryptodad” by cryptocurrency enthusiasts — is finding that this newfound fame does not come without its drawbacks. As CCN reported, Giancarlo
  The post Not Everyone’s a Fan of the CFTC Chairman aka ‘Cryptodad’ appeared fi
  
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• South Korea: Insurance Company Denies Hacked Crypto Exchange’s Damages Claim

  31-03-2018 01:53 via cointelegraph.com
  Insurance firm refuses $2.8 mln claim by hacked crypto exchange Youbit, citing failure to disclose information, which exchange sees as excuse not to pay. #NEWS
  
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• (+) Planning For The Crypto Price Recovery

  31-03-2018 01:38
  The post (+) Planning For The Crypto Price Recovery appeared first on CCN
  
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• BitPay Merchants Can Now Accept Bitcoin Cash Payments

  31-03-2018 01:16
  BitPay merchants can now accept a second cryptocurrency in addition to Bitcoin — its offshoot Bitcoin Cash. The Atlanta-based company made the announcement in a Wednesday blog post, marking the first time in the company’s history that it has processed altcoin payments. BitPay — which has processed Bitcoin payments since its founding in 2011 —
  The post BitPay Merchants Can Now Accept Bitcoin Cash Payments appeared first on CCN
  
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• Report: Kazakhstan's Central Bank Wants to Ban Cryptocurrencies

  31-03-2018 00:15
  The chairman of the National Bank of Kazakhstan told Sputnik News it is seeking an all-encompassing ban on cryptocurrency exchanges and mining.
  
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• Crypto Start-Up Allows Businesses To Buy Ad Space Using Ether, Pixel By Pixel

  31-03-2018 00:01 via cointelegraph.com
  Businesses are being given the chance to buy a block of ad space in a 1 mln pixel image, with a start-up planning to get it seen by millions #SPONSORED
  
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