Cryptocurrency news

• Bitcoin at 10: CNBC Video from 2013 Shows How Far Crypto Has Come

  31-10-2018 23:44
  “You confiscate a few billion dollars out of private bank accounts, and you print a couple trillion dollars, and all of a sudden, you know what happens? People start to worry. So out of this worry, we have something called the bitcoin,” explains CNBC correspondent Jeff Cox in this video from March 2013, as bitcoin
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• New Zealand Invests in Crypto Trading Platform, CEO Says Bitcoin Will Be Worth $600,000

  31-10-2018 23:00 via newsbtc.com
  The government of New Zealand has backed a local crypto savings and trading platform with $330,000 to expand its reach.
  Crypto Savings Firm Vimba Raises $330,000 from New Zealand Government
  Vimba, formerly known as MyCryptoSaver, originally founded as MyBitcoinSaver in 2014, is focused on crypto savings with a service that allows users to put their money into Bitcoin in small weekly amounts. Through the government’s innovation arm, Callaghan Innovation, it is backing the Auckland
  
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• Mainstream: ‘Big Four’ Firm EY Builds Enterprise Product on Public Ethereum Blockchain

  31-10-2018 22:59
  The big four accounting firms are pouring more resources into blockchain technology now more than ever, and now Ernst & Young (EY) has just deepened its commitment. The global professional services firm has unveiled a Public Edition (PE) prototype of its EY Ops Chain, using the public Ethereum blockchain to deliver what the company describes
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• Daily Crypto Roundup 10/31/2018

  31-10-2018 22:30
  Today saw an interview with the mother of Ross Ulbricht, Coinbase head trader resignation, Janet Yellen receiving Bitcoin, and Coinbase saying no to an IPO for now – all on the tenth anniversary of Bitcoin’s whitepaper. Lets dive in!
  Interview: Lyn Ulbricht (Ross’ Mother) On Bitcoin And Criminal Justice
  Crypto Insider recently had the chance to interview Lyn Ulbricht. Ms. Ulbricht is the mother of Ross Ulbricht, who was convicted of running the online drug site “Silk Road
  
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• To the Moon? Ethereum Startup ConsenSys Acquires Asteroid Mining Company

  31-10-2018 22:15
  New York-based blockchain software technology startup and Ethereum development studio ConsenSys has acquired asteroid mining company Planetary Resources, Inc. through an asset-purchase agreement. Following the acquisition, Planetary Resources President and CEO Chris Lewicki and General Counsel Brian Israel will be joining the team at ConsenSys, according to an official press release. Before co-founding and joining
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• Survey: A Quarter of Millennials Hold Crypto, Wary of Current Financial System

  31-10-2018 22:00 via newsbtc.com
  A big chunk of wealthy American millennials have either warmed up to cryptocurrencies or are considering embracing them, reveals a recent report.
  Millennials with Money, a report by Edelman has found that 25% of American millennials, aged between 24 and 38, and earning $100,000 in individual or joint income, or owning $50,000 in investable assets, are either holding or using cryptocurrencies. Also, another 31% are interested in using cryptocurrencies.
  Financial System Designed to Favour the Rich
  
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• Tether's Price Has Stabilized, But the Stablecoin's Supply Is Still Shrinking

  31-10-2018 21:30
  Crypto exchanges are shedding tethers by the million, and millions of USDT are ending up at Bitfinex. From there, they are taken out of circulation.
  
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• Tether’s Market Cap Has Dropped by More than $1 Billion in October

  31-10-2018 21:20
  Tether (USDT), the embattled cryptocurrency token whose value is purportedly backed by US dollars, continues to see massive outflows as it struggles to maintain USD parity amid rising competition from other stablecoins launched by some of the crypto industry’s biggest names. Blockchain data from Omni Explorer shows that yesterday, on Oct. 30, Tether Limited redeemed
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• Vitalik Ends Devcon Talk With Sing-Along About Failed Ethereum Ideas

  31-10-2018 21:00
  At the Devcon4 developer conference, the founder of ethereum presented the current roadmap to a more scalable network – and a song.
  
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• Vitalik Ends Devcon Talk With Sing-a-Long About Failed Ethereum Ideas

  31-10-2018 21:00
  At the Devcon4 developer conference, the founder of ethereum presented the current roadmap to a more scalable network – and a song.
  
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• Jamie Dimon Breaks Promise, Says He Doesn’t Give a S**t About Bitcoin

  31-10-2018 21:00 via newsbtc.com
  The CEO of global investment banking giant, JPMorgan Chase has once again piped up about the world’s most popular digital asset. Jamie Dimon had previously said that he would not be speaking about Bitcoin again after receiving backlash for earlier comments on the subject.
  Jamie Dimon: “I Don’t Wanna Be a Spokesperson Against Bitcoin”
  Dimon broke his self-imposed gag order about Bitcoin yesterday. The CEO was speaking at an Axios conference being held in LA. In response to
  
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• Bitcoin Bull Tom Lee ‘Pleasantly Surprised’ by Drop in Crypto Volatility

  31-10-2018 20:11
  Over the past several weeks, the bitcoin price has been uncharacteristically stable, even as equities have lost their footing and the global stock market has flirted with corrective territory. Tom Lee, the founder of Fundstrat Global Advisors and one of Wall Street’s most well-known bitcoin bulls, said that he was pleasantly surprised by the drop
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• Has Warren Buffett Made a U-Turn on Crypto Investments?

  31-10-2018 20:00 via newsbtc.com
  For years now, Warren Buffett has been talking against cryptocurrencies, and Bitcoin especially, claiming that this technology is nothing more than a bubble and a scam. However, recent reports indicate that he may have had a change of heart.
  Berkshire Hathaway Investing in Fintech
  Mr. Buffett, who continuously rejected cryptocurrency and fintech, seems to have decided to invest as much as $600 million into two large fintech firms.
  Each company is set to receive a $300 million investment from Buf
  
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• Coinbase's Head of Trading Resigns After Six Months on Job

  31-10-2018 19:52
  The head of trading at Coinbase, Hunter Merghart, has resigned just six months after joining the crypto startup from Barclays, CoinDesk has learned.
  
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• Bitcoin Price Could Hold $6,300 For Another Month Due to Low Volume

  31-10-2018 19:19
  Over the last 24 hours, Bitcoin has slightly recovered from $6,230 to $6,260, unable to breakout of the $6,300 mark. Throughout the upcoming days, if Bitcoin fails to stabilize in the $6,300 to $6,400 range, the price of BTC is at risk of dropping to the lower region of $6,000 and possibly below the $6,000
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• Former Fed Chair Janet Yellen Is Now a Bitcoin Owner

  31-10-2018 19:00
  A member of the crypto community has gifted former Fed chair Janet Yellen some bitcoin in response to her negative comments on the cryptocurrency.
  
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• Bitcoin Price Dips Beneath Level from One Year Ago

  31-10-2018 18:16
  The Bitcoin yearly candle has finally gone red, with the daily price average about 0.25% below the price from one year ago today. This is the culmination of a long slump in Bitcoin price and trading volumes since the extreme highs of last year. While this article is not meant to analyze trading markets, we
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• Bitcoin Trades Flat, Finds Stability Above $6,200 Support Level as it Celebrates 10th Birthday

  31-10-2018 18:00 via newsbtc.com
  Bitcoin, the original cryptocurrency, has had a tough year, and is presently resting on its $6,200 support level as it celebrates its 10th birthday. Despite having a fundamentally successful year filled with countless examples of increasing adoption, the markets are still weak, and have been unable to break through their September highs.
  At the time of writing, Bitcoin (BTC) is trading at $6,315 on the aggregated markets according to CoinMarketCap, which is near the bottom of its long-establishe
  
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• Planting Bitcoin Part Four: Gardening

  31-10-2018 17:57
  Once Satoshi's design for Bitcoin's genetic code was planted, it became time to nurture its development as a wholly new form of money.
  
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• BitMart Lists ERC20 Token Berith (BRT), an Integrated Business Platform

  31-10-2018 17:46
  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
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• Contradicting Reports, $8 Billion Coinbase Won’t Go Public Anytime Soon

  31-10-2018 17:10
  Contradicting a report from CNBC Africa’s Ran NeuNer, a top Coinbase executive said that the cryptocurrency industry giant will not go public anytime soon. Speaking with Bloomberg, Coinbase President & COO Asiff Hirji shot down rumors that the San Francisco-based cryptocurrency exchange, brokerage, and custodian is preparing to list its shares on a public exchange
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• Coinbase Shoots Down Rumours of IPO

  31-10-2018 16:57
  The American cryptocurrency exchange must secure its income first.
  
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• CGCX Targets 1.5 mln South East Asian Insurance Users with Archipelago Partnership

  31-10-2018 16:50
  This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. You don’t have to be an American kid infatuated with the country’s (former) favorite pastime to know the famous Field of Dreams quote If you build it they
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• Ninjapromo to the Rescue: Making Your ICO Great

  31-10-2018 16:45
  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
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• Cryptocurrency Going for a Song on Bitcoin’s 10th Birthday

  31-10-2018 16:25
  This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below.  – eToro launches unique karaoke cash machine that ditches the pin and asks users to sing for free bitcoin – eToro, the global investment platform with over ten million registered users,
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• Indian Officials Met to Discuss Possible Ban on 'Private Cryptocurrencies'

  31-10-2018 16:20
  The Indian government is considering imposing a ban on what it calls "private cryptocurrencies," according to an official release.
  
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• Bitcoin Turns 10: Inside the Journey of Radical Idea to $100 Billion Market

  31-10-2018 16:17
  It was ten years ago today that Satoshi Nakamoto first submitted the Bitcoin whitepaper to the Metzdowd cryptography mailing list and started a revolution in finance. A couple months before that, the domain Bitcoin.org had been registered. One of the first to interact with the world’s premier decentralized cryptocurrency – all new concepts at the
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• Interview: Lyn Ulbricht (Ross’ mother) on Bitcoin and criminal justice

  31-10-2018 15:50
  In its early days, Bitcoin was an interesting invention and people were trying to convene to find its usefulness in trading pictures or buying pizza. However, it wasn’t until Ross Ulbricht created Silk Road that people actually saw the true value of Satoshi Nakamoto’s invention: a decentralized, trustless and uncensorable currency is the perfect fit for a free anonymous market which allows users to engage in trade without the intervention of a governmental regulator.
  If the Silk Road
  
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• India May Ban “Use” of Cryptocurrency, But Encourage Blockchain Technology

  31-10-2018 15:31
  India's central bank offers no approval for cryptocurrency businesses; the Supreme Court is working on its final decision.
  
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• Bitcoin Turns Ten: Today And What’s Next?

  31-10-2018 15:30 via newsbtc.com
  Today, on October 31st, 2018 — a date that many decentralists have been clamoring for — Bitcoin, the world’s first internet-connected autonomous network, has officially reached the youthful age of 10. While Bitcoin has been lauded as a resounding success in recent years, initially, as covered in this series’ previous edition, “Bitcoin Turns 10: A Blast To The Past,” Satoshi had trouble jump starting his brainchild.
  However, as Bitcoin began to garner supp
  
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• Atlas Protocol Partners with Contentos to Explore the Commercial Value of On-Chain Video Interactive Advertising

  31-10-2018 15:29
  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
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• Promise: A Startup Based on an Anonymous Paper Plans to Replace ACH

  31-10-2018 15:15
  With $47 trillion flowing through it every year, ACH is a juicy target for blockchain disruption. Can a new startup called Promise pull it off?
  
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• Curated blockchain and cryptocurrency news – Week 43

  31-10-2018 15:00 via crypto-news.net
  Welcome back to our weekly series covering the most interesting stories of the past week, carefully selected and presented by our staff. As always, here’s the link to catch up with the previous week and our last list. And now, let us get to the headlines of this week, covering October 22nd to 29th.23rd October
  HTC launches “Exodus 1” blockchain phone preorders
  Exodus 1 – Image from HTC press release.
  CNBC covered the release of the Exodus 1 phone by HTC, following an 
  
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• Jamie Dimon: I ‘Don’t Give a Sh*t’ about Bitcoin

  31-10-2018 14:56
  Much like an old house that comes to be inhabited by the spirit, who, though no longer living, nevertheless has unfinished business on earth, JPMorgan CEO Jamie Dimon is haunted. However, unlike the protagonists in the films that will inevitably trend on Netflix this evening, Dimon’s spectre is primarily technological, not paranormal, for the investment … Continued
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• None of us would be here without Satoshi Nakamoto’s “Bitcoin: A Peer to Peer Electronic Cash System”

  31-10-2018 14:50
  Exactly ten years ago and under the pseudonym of Satoshi Nakamoto, an obscure individual from the cypherpunk e-mail list introduced to the world an unusual digital money proposal which he titled “Bitcoin: A Peer to Peer Electronic Cash System” (better known today as “The Bitcoin Whitepaper“).
  By combining David Chaum’s ideal of an anonymous payment system, Adam Back’s Proof of Work consensus algorithm, Wei Dai’s cryptographic b-money concept, and Nick Sz
  
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• XRP Makes a 24% Monthly Decline, Among the Biggest in October

  31-10-2018 14:11
  Ripple’s XRP was among the best performing cryptocurrencies in September. But the bullish sentiment hasn’t sustained well this month. The XRP-to-USD pair has recorded a 24 percent monthly loss as October heads to a close, falling from 0.5831-fiat to 0.4400-fiat. The coin got sold off to the tune of over $7 billion, despite being surrounded with strong … Continued
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• Hong Kong Stock Exchange Taps Digital Asset for Post-Trade Blockchain Trial

  31-10-2018 14:00
  The Hong Kong Stock Exchange has teamed up with DLT startup Digital Asset to develop a blockchain platform for post-trade processing.
  
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• ‘Digital iD’: Australia Post Provides Quick KYC for Bitcoin Exchange Users

  31-10-2018 13:16
  An unlikely story of partnership between old and new is unfolding in Australia as Australia Post, the country’s 209-year-old “snail mail” delivery service is using digital identification technology to enable cryptocurrency exchanges to carry out KYC checks in a matter of minutes, thereby vastly simplifying the process of purchasing crypto in Australia. Using Australia Post’s … Continued
  The post ‘Digital iD’: Australia Post Provides Quick KYC for Bitcoi
  
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• The Pen Is Mightier Than the Sword? Bitcoin's White Paper Proves It

  31-10-2018 13:00
  The pen is mightier than the sword, or so Satoshi Nakamoto proved with bitcoin.
  
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• Major Profits for Early Bitcoin Investors, What Will the Next Ten Years Bring?

  31-10-2018 13:00 via newsbtc.com
  In investing, what is comfortable is rarely profitable and several findings support this popular claim. Back in 2014, a study The Digital Dividend-First Mover Advantage, published by Harvard Business Review Analytic Services and sponsored by Verizon Enterprise Solutions, found that early adopters of technology—in finance or otherwise, are more likely to experience better business outcomes in terms of revenue and market position.
  Needless to say, Bitcoin is a success story for early ad
  
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• India is Considering a Ban on the ‘Use’ of Cryptocurrencies

  31-10-2018 12:20
  After months of public uncertainty bought on by years of deliberation by the Indian government, authorities have discussed the framework to legally ban the usage of ‘private’ cryptocurrencies like bitcoin. In the 19th meeting of the Financial Stability and Development Council (FSDC) headed by India’s finance minister Arun Jaitley on Tuesday, the subject of cryptocurrencies
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• Crypto Industry Leaders Post Global Code of Conduct Rules

  31-10-2018 12:16
  The Global Digital Finance (GDF) industry body is on the wires with a set of important news. The entity has just announced its Founding Members and released industry Code of Conduct to drive sustainable crypto assets innovation. The GDF was founded by global leaders in the crypto assets sector Circle, Coinbase, ConsenSys, DLA Piper, Diginex, … Continued
  
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• IronX Adds PumaPay Token to Trading Platform

  31-10-2018 12:02
  The token will also be available on the broker's new cryptocurrency exchange, IronX.
  
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• IronFX Adds PumaPay Token to Trading Platform

  31-10-2018 12:02
  The token will also be available on the broker's new cryptocurrency exchange, IronX.
  
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• October Close May Prove Decisive for Bitcoin Price

  31-10-2018 12:00
  Bitcoin's monthly close today may reveal the cryptocurrency's directional bias after a long period of low volatility.
  
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• Chinese Ecommerce Giant JD Launches Blockchain Research Lab

  31-10-2018 12:00 via newsbtc.com
  While China is known for its rather unfriendly stance toward cryptocurrencies, the situation is significantly better when it comes to blockchain technology. Numerous companies, influential individuals, and even the country itself recognize that this is the technology of the future. As such, they are very supportive of it and eager to expand it further and compete with other nations that are doing the same.
  In an attempt to do so, China’s largest retailer, JD.com, decided to collaborate wit
  
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• Australian Crypto Firm DigitalX Reveals Mediation Request on $1.8 Million ICO Case, Denies Wrongdoing

  31-10-2018 11:45
  Publicly-listed DigitalX, an Australian blockchain and crypto advisory firm, said it received a request for mediation from court proceedings of a $1.83 million case related to an ICO gone wrong. As reported initially in September, DigitalX revealed it was served with an Originating Application and Statement of Claim by a group of disgruntled stakeholders involving
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• Goldman Sachs Reportedly Onboarding Clients for Future Crypto Products

  31-10-2018 11:00 via newsbtc.com
  Goldman Sachs is allowing few of its clients to sign up for its future crypto products, according to reports.
  The New York investment bank plans to roll out its bitcoin non-deliverable future contracts (NDF), a derivative product pegged to futures. Ideally, the service should allow an investor/borrower to take a short-term position in Bitcoin even though the government may not allow exchanges. The investor/borrower uses the foreign currency, but any foreign exchange gain or loss should be p
  
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• DeBeers Blockchain Pilot Adds World’s Second Largest Diamond Manufacturer

  31-10-2018 10:41
  Alrosa, the world’s second largest diamond maker has announced that it is joining  Tracr, the blockchain-based end-to-end diamond tracing solution developed by South African diamond behemoth De Beers Group for the purpose of ensuring that conflict diamonds do not enter its supply chain. In a statement published on its website on October 29, the Russian
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• JPMorgan to Tokenise Gold Using Quorum Blockchain

  31-10-2018 10:30
  Representing physical commodities in electronic form offers a number of advantages to those that trade them.
  
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