Monthly Archives: October 2018

Air Canada to Integrate Blockchain-Based Travel Distribution Platform

Air Canada has announced its intent to participate on a blockchain-based platform for distributing air travel products from blockchain startup Winding Tree. Canada’s largest airline Air Canada has announced its participation on a blockchain-based travel distribution platform developed by Swiss blockchain startup Winding Tree, according to a press release published Oct. 24. Air Canada was established in 1937 and provides scheduled and charter passengers and cargo air transportation. In 2017, Air Canada carried 48.1 million passengers, with an increase by 7.3 percent compared with 2016, per the […]

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Binance Reveals Results of Crypto Donations for Flood Relief in Japan

Crypto exchange Binance has released the results of the West Japan Disaster Relief project, having raised $1.41 million in various types of ERC20 tokens. The world’s largest cryptocurrency exchange Binance has released a report on crypto donations to provide relief for West Japan following devastating floods in mid-July, according to a blog post published Oct. 24. From late June to mid-July, record downpours in southwestern Japan caused floods and landslides, wherein over 8 million people were advised to evacuate across 23 prefectures, and 225 people were confirmed […]

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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, October 24

Traders are staying on the sidelines as crypto markets have recently been consolidating in a small range, resulting in low trade volumes. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. The crypto markets have been consolidating in a small range for the past few weeks. Investors who are currently […]

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Tom Lee, Speaker at the Upcoming Blockshow Asia: ‘Bitcoin is Preparing to Breakout’

An interview with Mr. Thomas Lee, a Fundstrat Global Advisors co-founder, a Wall Street analyst, and a speaker at Asia Blockchain Week 2018. Blockshow is announcing a new conference  – Asia Blockchain Week, which will be hosted in Singapore from Nov.  27 until Dec. 1, 2018. The blockchain and cryptocurrency conference will attract over 100 of the top industry leaders and crypto influencers, and more than 2000 attendees, from over 50 countries. The venue for this event will be held at one of the most beautiful locations […]

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New York Regulator Approves Coinbase’s Custody Services for Six Cryptocurrencies

The New York State Department of Financial Services has licensed a subsidiary of Coinbase to operate as an independent qualified custodian. The regulator has also approved Coinbase’s custody services for six major cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Coinbase Custody Licensed The New York State Department of Financial Services (NYDFS) announced on Tuesday that it “has approved the application of Coinbase Custody Trust Company LLC, a wholly-owned subsidiary of Coinbase Global Inc., to operate as a limited purpose trust company.” Sam Mcingvale, Product […]

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The Past Month, Bitcoin Has Been Less Volatile Than NASDAQ, DOW and S&P 500

In what is a rare, time-sensitive window, bitcoin’s volatility since September 14, 2018 has been less than that of the most popular indexes from traditional finance sectors. Bitcoin seems to have found a temporary bottom relative to its incredible bull run that saw bitcoin’s price increase more than 1,200% in 2017 alone. 2018, however, has seen a reversal in fortune, as bitcoin started the year in the red and is down over 60% to date. Bitcoin has been married to volatility ever since the digital currency’s inception […]

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Crypto Markets Keep Trading Sideways, Remaining Relatively Stable Over the Past 10 Days

Crypto markets have continued trading sideways today, remaining relatively stable over the last 10 days. Wednesday, Oct. 24: crypto markets have continued trading sideways today, remaining relatively stable over the past 10 days, according market capitalization data from CoinMarketCap. Most of top 20 cryptocurrencies by market cap have seen insignificant fluctuations over the past 24 hours, with many slightly in the green. Market visualization from Coin360 Bitcoin (BTC) is slightly up by 0.24 percent over the past 24 hours, trading at $6,490.90 at press time. The major […]

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Tether Redeems and ‘Burns’ More than Half of USDT in Circulation

Tether says it has “redeemed a significant amount” of tokens from the circulating supply, and will now “destroy” 500 million USDT from its treasury wallet. Tether, issuer of stablecoin USDT, says it has “redeemed a significant amount” of tokens from the circulating supply and will now “destroy” 500 million USDT from the Tether treasury wallet, in an official post published Oct. 24. According to the firm, this will leave 446 million USDT remaining in its treasury in preparation for future USDT issuances — meaning that those tokens […]

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Cryptocurrency Roundup App Gets $100,000 Shark Tank Investment

Services that allow individuals to invest small amounts of money on a recurring basis have become popular in recent years, especially for young people. An automatic cryptocurrency buying app that rounds up everyday purchases has just secured a $100,000 investment on Shark Tank. Also Read: Cointext Launches SMS Bitcoin Cash Wallet in 4 New Markets Bundil Enters the Shark Tank Bundil is an Acorns-like service for cryptocurrency. The platform allows users to automatically invest their spare change from everyday credit or debit card purchases into a number […]

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Japanese Financial Services Authority Approves Self-Regulation for Crypto

Japan’s Financial Services Agency (FSA) has granted self-regulatory status to the country’s cryptocurrency industry, giving the Japan Virtual Currency Exchange Association (JVCEA) authority to oversee the space, according to a Reuters report. The FSA approval, which was granted on Wednesday, October 24, 2018, gives the association the power to regulate the sector, safeguard customer assets, give operational guidelines, elaborate on anti-money laundering policies and provide necessary compliance guidelines for crypto exchanges in the country. Reuters quoted an unnamed FSA official who believes the industry would grow faster […]

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