Monthly Archives: October 2018

Fundstrat Survey: 54% of Institutional Players Think Bitcoin Price Has Already ‘Bottomed’

Tom Lee’s survey: 54% of institutional investors vs 44% of respondents on Twitter agree that Bitcoin has hit the price bottom. Institutions appear to be more bullish on Bitcoin (BTC) than the members of the crypto community on Twitter, according to a recent survey by Fundstrat Global Advisors. Tom Lee, managing partner and head of research for the company, has revealed this in an interview with CNBC Oct. 4. Based on the results of a private survey of 25 institutions, as well as 9,500 responses to a […]

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Federal Election Committee Asked to Consider Crypto Mining for Political Contributions

OsiaNetwork LLC has reached out to the Federal Election Committee (FEC) in the hopes that it will allow computer sharing for crypto mining for campaign donations. Osia says it would like to be the platform in which volunteers share their computer power to mine cryptocurrencies, which are then donated to political campaigns of their choice. At press time, the request is in a “public comments” stage. Initially published September 10, 2018, the venture’s request states, “OsiaNetwork would allow volunteers to support federal political committees by ‘pooling’ the […]

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Markets Update: Crypto-Traders Patiently Wait for a Break Out

Cryptocurrency prices have remained in a consolidated pattern over the last two weeks with a few ups and downs, but have remained fairly stable in recent days. The overall market capitalization of all 1900+ cryptocurrencies is valued at $221 billion with close to $12 billion worth traded over the last 24-hours. Also read: Bitpay Phases Out Crypto-Debit Cards for European Cardholders Crypto-Markets Are Meandering Around as Traders Wait for a Break Out Digital asset traders are patiently waiting for a break-out of some sort, in any direction, but […]

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Spanish City of Valencia to Create ‘Smart Port’ Using Blockchain, Big Data

One of Spain’s busiest ports is to deploy a blockchain network, plans to spread it to partners in the future. One of Spain’s busiest ports based in the city of Valencia has announced the creation of a “smart port” which will use blockchain and big data technologies. The news was revealed in a release published Wednesday, Oct. 3, on the port’s official website. Jose Garcia De La Guia, who is responsible for implementing new technologies in the Port Authority of Valencia, explains that they see blockchain as […]

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The DApp Revolution: Rebuilding Society Through Decentralization

This article about the DApp Revolution was written by Heidi Yu. Heidi is a serial entrepreneur, influencer marketing evangelist, and AI enthusiast. Heidi founded BOOSTO.io, a decentralized app store that returns power to creators and makers.  If you can dream it, a decentralized application can do it. According to a report from UK market intelligence firm Juniper Research, there will be “a significant expansion” in the implementation of blockchain-based DApps within the next year. The adoption is happening fast, and it behooves us all to familiarize ourselves with this revolutionary […]

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Circle Invest Launches Crypto Asset ‘Collections’ for Targeted Portfolios

Circle Internet Financial Ltd. has launched a new feature for its crypto investment app Circle, which allows users to invest in categorized crypto assets. Goldman Sachs-funded Circle Internet Financial Ltd. has launched a new feature for its crypto investment app Circle Invest dubbed “Collections.” The company has made the announcement in an official blog post published Oct. 4. The feature gives customers the option to invest in one or more collections of crypto assets, each divided according to a particular theme: “Platforms, Payments, and Privacy.” The company […]

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Venezuela’s Petro White Paper ‘Blatantly’ Copied Dash, Ethereum Developer Says

Ethereum developer points out that Petro white paper has copied an image from Dash’s GitHub repository, among other similarities. Venezuelan state-owned cryptocurrency Petro has apparently plagiarized parts of its white paper from the GitHub repository of Dash. Core developer of Ethereum Joey Zhou pointed this out in a tweet posted Tuesday, Oct. 2. Zhou has tweeted that Petro, which has just been officially launched by president Nicolas Maduro, is “a blatant Dash clone.” To illustrate this, he posted a link to the Venezuelan coin’s white paper, which […]

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Major Korean Crypto Exchange Bithumb to Launch Global Decentralized Platform

World’s sixth largest crypto exchange Bithumb is launching a global decentralized trading platform in partnership with blockchain firm One Root Network. South Korean crypto exchange Bithumb, currently the world’s sixth largest by daily traded volume, will open a global decentralized crypto exchange, Business Korea reports Oct. 4. Bithumb has partnered with blockchain firm One Root Network (RNT), which has developed an Ethereum (ETH)-based decentralized token transaction protocol dubbed “R1” and already operates a decentralized exchange (DEX). According to a joint press release, the protocol separates order matching […]

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Bitpay Phases Out Crypto-Debit Cards for European Cardholders

The global cryptocurrency payment service provider, Bitpay, has announced the company’s loadable cryptocurrency debit card services will no longer work for European customers later this month. Bitpay has emailed all of its European card holding customers and revealed it is in the midst of sunsetting all Bitpay accounts related to the Wave Crest-issued Bitpay card. Also read: Bitcoin Cash Speaker Series II Brings Leading Bitcoiners Together Bitpay Is Phasing out Debit Services for European Cardholders Eight months ago news.Bitcoin.com reported on a slew of cryptocurrency debit cards […]

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Binance Invests $2.5 Million in Australian Blockchain Travel Startup

Binance has announced a $2.5 million investment in Australian travel startup TravelbyBit in a move to introduce a blockchain-based, point-of-sale (POS) payment system across major airports around the world. Travelers will be able to visit local merchants at select international airports and use mobile wallets like Coinomi and Dash Wallet for POS payments. There are also plans to add support for Binance’s official mobile wallet Trust Wallet. “There is no better fit than being able to use your crypto when traveling, just after you land in a […]

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