Monthly Archives: September 2018

Ether Price Analysis: Market Indecision Could Cause Short Covering Rally

When we last discussed the ETH-USD pair, the price was testing support in the mid $200 range. Since then, the market has dropped another 30% as ether tests the waters in the upper $190 range: Figure 1: ETH-USD, 1-Day Candles, Macro Trend The volume on the current drop has been exceptionally high compared to the beginning of its descent from the $800s. However, one thing to note is how little the last few candles have progressed compared to the large amounts of sell volume accompanying the movement […]

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Cryptic Labs Adds Two Nobel Prize-Winning Economists to Advisory Board

Blockchain research institute and accelerator Cryptic Labs is adding two Nobel Laureates to its team of advisors. The additions, economists Dr. Eric S. Maskin and Sir Christopher Pissarides, are professors at Harvard University and the London School of Economics, respectively. They join Cryptic Labs’ Chief Scientist Dr. Whitfield Diffie, who won the 2015 Turing Prize for his contributions to cryptography. Awarded the Nobel Prize for Economics in 2007 for his seminal work in mechanism design theory, Dr. Maskin will bring extensive knowledge of this theory to puzzle […]

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Car Retail Startup to Launch Blockchain Marketplace With Live Vehicle History Data

sponsored A U.K.-based blockchain startup has created a car retail platform with a tailor-made exchange. It allows users to buy cars with crypto and provides data on the vehicles’ history. An automotive company based in London, United Kingdom, has developed a car-sales portal that is powered by blockchain technology. It features an exchange and marketplace that provides a detailed history of cars as well as data on trading and insurance risks associated with certain countries and cities. According to the Auto Block white paper, there are more […]

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Government Expert: Russia Not Ready for Issuance and Circulation of Cryptocurrencies

The Russian presidential Special Representative on digital and technological development said the country is not ready for the circulation of cryptocurrencies. A special representative of the Russian president said that the country is not yet ready for the circulation and issuance of cryptocurrencies, according to local news agency RIA Monday, September 10. The president’s Special Representative on digital and technological development Dmitry Peskov explained his view on the state of digital assets in an interview with RIA: “From the start, we have not legally suppressed blockchain and […]

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UAE Securities Watchdog Approves Plan to Regulate ICOs

The securities and commodities regulator in the United Arab Emirates has approved a plan to adopt comprehensive regulations for crowdfunding through ICOs and recognize tokens as securities. The decision comes after a review of best practices in other countries and signals a change in its position regarding initial coin offerings. Earlier this year investors were warned about the risks associated with tokens sales. Also read: South Korean Crypto Know-How and Capital Sought by Uzbekistan and Belarus UAE to Regulate Coin Offerings, Recognize Tokens as Securities UAE Securities […]

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Crypto Markets See Another Wave of Red, Despite Bullish News From Major Industry Players

Crypto markets are mostly in red, Bitcoin and Ethereum trade below $6,300 and $200, respectively, Dogecoin’s price surges almost 12%. Monday, September 10: crypto markets have seen mainly red today, with just two coins out of the top 20 cryptocurrencies in the green, and total market cap hovering around $194 billion. Market visualization from Coin360 Bitcoin (BTC) is slightly down today, fluctuating around the $6,300. The major cryptocurrency is currently trading at $6,287 by press time, down 1.5 percent over the past 24 hours. Bitcoin saw an […]

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Iceland’s ‘Big Bitcoin Heist’: Suspects Charged With Over $2M in Stolen Mining Rigs

Police in Iceland charged seven individuals for conspiracy, burglary, and theft for stealing from the region’s mining facilities. Iceland prosecutors are charging the suspects with over $871,000 in stolen goods, but the group of individuals are also being sued for $1.7 million in damages from three separate mining firms. Also read: James Bond-Like Villain in $2 Million Bitcoin Heist Caught in Amsterdam After Several Failed Attempts Thieves Rob Icelandic Bitcoin Mines — Scoring a Bunch of Mining Rigs Sindri Thor Stefansson. Back in April Amsterdam police arrested a man […]

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Spark, a New GUI Lightning Wallet for Bitcoin, Now Available for Download

Spark is a web-based GUI wallet with built-in Electrum software designed for speed, safety and simplicity that utilizes Blockstream’s Lightning implementation c-lightning as its backend. The platform allows for easy spending and receiving of bitcoins over the Lightning Network, which is renowned for its payment speeds. Users can also run their own Bitcoin-based nodes, c-lightning nodes and Spark GUIs in a completely trustless environment. Independent developer Nadav Ivgi is the developer behind the project. Also an ambassador at the Tel Aviv Bitcoin Embassy and the founder of […]

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U.S. SEC Suspends Trading for Two Swedish-Based Crypto ETNs

Two securities, one that tracks bitcoin and another that tracks the cryptocurrency ether, have been temporarily halted by a U.S. regulatory watchdog due to investor confusion. Starting September 9, 2018, the Securities and Exchange Commission (SEC) has suspended all U.S. trading of Bitcoin Tracker One (CXBTF) and Ether Tracker One (CETHF) until September 20, 2018. The exchange-traded notes (ETNs) are issued by Swedish company XBT Provider AB, a subsidiary of U.K.-based CoinShares Holdings. Per the order, U.S. brokers are barred from trading the ETNs “for any purpose […]

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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, September 10

More negative news from the U.S. SEC have not been good for the crypto markets, but we’re still bullish long-term. 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. The market is finding it difficult to sustain the total cryptocurrency market capitalization above the $200 billion mark. The news […]

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