Monthly Archives: February 2018

Coinbase: BTC Buys And Sells Issue Resolved, Bitcoin Performance Still ‘Degraded’

Coinbase has resolved the issue of intermittent availability for BTC buys and sells. Digital currency exchange and wallet service Coinbase has resolved the issue of intermittent availability for BTC buys and sells, the platform reported today, Feb. 28 at 08:24 PST. It took the Coinbase maintenance crew almost seven hours to investigate and fix the issue where one of their processes was “causing Bitcoin buys and sells to become temporarily unavailable”. The platform announced the system outage on its official Twitter account today at 1:53 a.m. PST: […]

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Goldman Sachs Investment Chief: Crypto ‘Bubble’ Burst Will Affect 1% Of Global GDP

Goldman Sachs’ CIO Mossavar-Rahmani stated in an interview that the cryptocurrency “bubble” bursting will impact 1% of global GDP. The chief investment officer (CIO) of the Investment Strategy Group at Goldman Sachs, Sharmin Mossavar-Rahmani, said in an interview with Business Insider on Feb. 27 that cryptocurrencies are in a bubble, which, when it bursts, will impact only 1 percent of global GDP. Mossavar-Rahmani, who guides investment strategy for clients with over $10 mln in assets, said that cryptocurrencies are “the hot topic” among her clients and colleagues. […]

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Fundstrat’s Tom Lee Stays Bullish On BTC Price, Sees Major Firms Joining Crypto Sphere

Fundstrat strategist Tom Lee has repeated past bullish BTC price predictions, adding that corporations joining the crypto world is a positive sign. Co-founder and Fundstrat strategist Tom Lee has repeated his prediction that Bitcoin (BTC) will reach $20,000 by mid-year and $25,000 by the end of the year. He also expects at least three publicly traded corporations to issue their own cryptocurrencies in 2018, writes CNBC, citing Lee’s Feb. 28 Fundstrat report. Lee’s price prediction reiterates comments he made in early January 2018, predicting Bitcoin could “easily […]

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Marshall Islands Plans To Launch National Cryptocurrency And ICO, Gov’t Officials Report

The Pacific nation the Marshall Islands is all but set to launch its own state-issued cryptocurrency via an ICO, which will circulate alongside the US dollar. The Republic of the Marshall Islands will release its own cryptocurrency complete with an ICO and free trading, according to two government officials that spoke with Bloomberg Wednesday, Feb. 28. The two officials, one of which is house speaker and senator Kenneth Kedi, said that the Pacific nation’s parliament this week endorsed the creation of the currency, which will be called […]

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Bitcoin and Solar Energy Fuel Investment in Japan: Expert Take

The Land of The Rising Sun has a ravenous appetite for cryptocurrency. In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional advice. Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation, and cryptocurrency adoption by different sectors of the economy. If you would like to contribute an Expert Take, please email your ideas and CV to a.mcqueen@cointelegraph.com The global financial crisis of 2007/2008 wreaked havoc in the world economy and […]

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US Announces Encircling Approach to Curb Crypto Criminals

The US Deputy Attorney General has announced that they have substantial plans for ensuring that all cryptocurrency criminals are cracked down. Bitcoin More Involved in the Schemes While speaking at a question and answer session for the FSR {Financial Services Roundtable} on Tuesday, 27th February 2018, Rod Rosenstein said the entire plan is in place and would be rolled out soon. He later went ahead to give his personal views concerning the rate of cybercrime that involves the cryptocurrency market. It can be remembered that the US […]

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Dubai To Release Blockchain-Based System To Track Vehicle Lifecycles

Dubai’s Roads and Transport Authority has announced that it will launch a Blockchain-based initiative for tracking vehicles’ lifecycle for their customers. Dubai’s Roads and Transport Authority (RTA) has announced plans to launch a Blockchain-based vehicle lifecycle management system in 2020 that would provide customers which a history of their vehicle from “the manufacturer all the way to the scrap yard,” local news outlet Arabian Business reported yesterday, Feb. 27. The Blockchain project, formed in connection with the Dubai 10x initiative, would show a transparent record of where […]

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US Regulator CFTC Allows Staff To Trade Cryptocurrency, BTC Futures Remain Off Limits

Cryptocurrency trading is now on the menu for Commodity Futures Trading Commission staff, its chief lawyer has said. The US Commodity Futures Trading Commission (CFTC) has formally allowed its employees to trade cryptocurrencies, but maintained its ban on Bitcoin futures participation, Bloomberg reports Wednesday, Feb. 28. The regulator, which together with the Securities and Exchange Commission (SEC) oversee asset and commodity legislation nationally, report that they made the decision earlier this month. The CFTC chief lawyer, general counsel Daniel Davis, wrote in a memo to staff Feb. […]

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PR: Education Ecosystem Announces Token Exchange Listings and Chance to Win Three Tesla Model S Cars

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. Education Ecosystem (LiveEdu) has announced that their Education token will be issued to crowdsale contributors and also listed on exchanges this week. CEO, Dr. Michael J. Garbade had this to say, “As ICO contributors know, due to legal restrictions we could not start […]

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New “Sovereign” Cryptocurrency Will Be Legal Tender in the Marshall Islands

The Republic of the Marshall Islands (RMI), an island country located near the equator in the Pacific Ocean with a population of about 50,000, is poised to become the first sovereign nation to issue a cryptocurrency that will be legal tender. The new currency is called “Sovereign” with the symbol “SOV.” The SOV, which will be distributed to the public via an Initial Currency Offering (ICO), will circulate as legal tender in the country, alongside its current local currency, the U.S. dollar. Y-combinator Israeli fintech startup Neema […]

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