Monthly Archives: July 2018

Global Telecom Blockchain Consortium Unveils Working Group for Remittances

A global blockchain consortium of telecom carriers has announced that six moreleading telecoms firms are joining its ranks, from Asia, the Middle East and Africa. A global blockchain consortium of telecom carriers has announced that six further major international telecoms firms are joining its ranks, CT Japan reports today, July 6. The consortium, dubbed ‘The Carrier Blockchain Study Group’ (CBSG) has also today unveiled the creation of a new blockchain working group that will focus on global remittance services. Launched in September 2017, CBSG counts as its […]

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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, NEO: Price Analysis, July 06

Fundstrat’s Tom Lee has doubled down on his $25,000 target for Bitcoin by end of 2018. Is that really possible from the technical analysis point of view? The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Fundstrat Global Advisors co-founder Tom Lee continues to be bullish on Bitcoin. He […]

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Crypto Exchange Huobi Opens Registration on New US-Based Trading Platform

Registration for U.S. residents of selected states has opened on crypto exchange Huobi’s newly created “strategic partner” crypto exchange in the U.S, dubbed ‘HBUS.’ Huobi, the world’s fourth largest crypto exchange, has opened registration on its newly created U.S.-based “strategic partner” trading platform, according to a press release shared with Cointelegraph today, July 6. Huobi’s new cryptocurrency marketplace comes via a San Francisco-based company called HBUS, whose creation was first announced in early June. As of today, HBUS is accepting account verification requests from U.S. residents, who […]

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Philippines Government Approves Two New Crypto Exchanges

The central bank of the Philippines has reportedly approved two new cryptocurrency exchanges, bringing the total number of accredited crypto exchanges in the country to five. Meanwhile, crypto transactions have been growing in the country. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Accrediting Two New Crypto Exchanges The central bank of the Philippines, Bangko Sentral ng Pilipinas (BSP), has reportedly accredited two new crypto exchanges, Business World reported a senior official saying Friday. Deputy Governor Chuchi G. Fonacier told reporters: The regulator has approved applications […]

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HBUS Opens its Digital Currency Trading Platform to U.S. Customers Today

HBUS, a virtual currency marketplace and the U.S. strategic partner of Huobi, has begun accepting new registration from U.S. residents, starting today July 6, 2018. American customers will be able to deposit cryptocurrencies such as bitcoin and ether on its platform. However, users won’t be able to trade or make withdrawals until the marketplace goes live on July 10, 2018. The company, headquartered in San Francisco, aims to promote “an open and competitive market” where traders can choose from a rich pool of “high-quality virtual currencies.” HBUS […]

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Heavy Rainfall in China, Thousands of Miners Reportedly Damaged

According to a Chinese language Economic Daily News report, graphics cards and ASIC mining systems are expected to see a short term surge in orders from the crypto mining sector in Sichuan province, where reportedly over seventy percent of the mining systems are located in China. Sichuan province has been hit by continuous heavy rainfalls in the last weeks, affecting thousands of people and causing heavy economic losses, according to the Ministry of Water Resources. Also read: Alleged Fraudster Arrested in China Over $15M Mining Hardware Con 30% […]

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Digital Isle of Man Joins the British Blockchain Association

One of the earliest adopters of blockchain technology — the Digital Isle of Man (Digital IOM) — is now an official member of the British Blockchain Association (BBA). The organization serves as a bridge between government regulators and the private sector, and encourages growth, innovation and support in the Isle of Man’s fintech industry. Digital IOM believes that blockchain technology has the power to revolutionize how the world does business, and it recently granted the first reputable license for a blockchain lottery. The association primarily works through […]

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Main Swiss Stock Exchange to Launch Distributed Ledger-Based ‘Digital Asset’ Exchange

Switzerland’s main stock exchange plans to open a cryptocurrency exchange in mid-2019. Switzerland’s principal stock exchange SIX announced today, July 6, that it will open a “fully-regulated” cryptocurrency exchange next year. In an official press release, SIX confirmed it would use so-called distributed ledger technology (DLT) –– of which blockchain is one type –– to build what they are dubbing a “digital asset ecosystem,” Six Digital Exchange (SDX) to “put banks at the heart of transactions in the digital space.” SIX already hosts local bank Vontobel’s Bitcoin […]

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Decentralized Cloud Platform Launches Mainnet in Challenge to ‘Big Four’ Market Leaders

sponsored A decentralized cloud platform’s mainnet has gone live, with the organization vowing to shift the balance of computational power away from large corporations. A cloud platform, with the goal of building a fairer internet, has made its mainnet live — allowing its growing suite of network-ready applications to offer faster and more secure hosting services for websites, APIs, apps and e-commerce stores. DADI says its peer-to-peer network helps to shift the emphasis of computing power away from large corporations, as its infrastructure is owned by users. […]

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Wall Street’s Tom Lee Says Bitcoin Price to Hit $22K by Year’s End, ‘Can Reach $25K’

Fundstrat’s Tom Lee stays strong with his Bitcoin price prediction, saying the coin will hit anywhere between $22-$25K by the end of the year. Financial market research firm Fundstrat’s Tom Lee defended his position that Bitcoin (BTC) could trade at anywhere from $22,000 to $25,000 by the year’s end, in two CNBC interviews Thursday, July 5. Lee made sure to clarify to reporters that his most recent $22,000 price prediction is emphatically not a bearish retreat from his previous forecasts of $25,000. Lee, a notorious Bitcoin bull, […]

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