Monthly Archives: January 2019

Research Firm Charts Unspent BTC and Calls a Market Bottom in Q1 2019

“How many unspent bitcoins exist?” “How many bitcoins have been lost?” “How many bitcoins are left sitting in wallets, and how does this affect price?” If any (or all) of these questions have ever popped into your head, you’re in good company: They’ve crossed the minds of analysts at Delphi Digital, the self-named “research & consulting boutique specializing in the digital asset market.” The firm just released research on the current state of the bitcoin market, and they believe they’ve forecasted a potential bottom for its declining […]

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Venezuelan WTO Request Accuses US of ‘Discriminatory Measures’ Against Petro Coin

Venezuela has requested consultations with the U.S. government in connection with “discriminatory” sanctions against its national digital currency. Venezuela has taken issue with United States sanctions, including those levied against transactions in the country’s national digital currency, the Petro (PTR), according to a World Trade Organization (WTO) consultation request, published Jan. 8. The request, dubbed “United States — Measures relating to trade in goods and services,” was originally filed on Dec. 28. In the document, the delegation of the Bolivarian Republic of Venezuela requests consultations with the […]

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Russian Parliament to Focus on Digital Economy Bills in Next Session, Says Chairman

Vyacheslav Volodin, the chairman of the lower chamber of the Russian parliament, has prioritized digital economy bills, including a draft bill on crypto. Vyacheslav Volodin, the chairman of the lower chamber of the Russian parliament, has said that bills on the digital economy will be a priority during the upcoming session. The parliament’s official website revealed this in a press release published Wednesday, Jan. 9. Speaking at the opening of the parliament’s spring session, Volodin mentioned the digital economy bills that are currently being considered, including the […]

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5 Crypto Exchanges Have Been Licensed in Gibraltar Since Regulation

Several known crypto companies have been granted licenses to operate from Gibraltar since the British overseas territory adopted business-friendly regulations for the nascent industry. According to Gibraltar’s trade minister, Albert Isola, the government is now focused on creating a “supportive environment” for the sector.   Also read: Cryptocurrency Exchanges Eye Russia for Expansion Despite Sanctions Supportive Environment for the Crypto Industry Albert Isola The Digital Ledger Technology (DLT) Regulatory Framework went into effect in January 2018, a month after it was approved by the Legislature of Gibraltar. […]

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New York Economic Dev. Non-Profit NYCEDC Opens Blockchain Center

The New York City Economic Development Corporation has announced the opening of a Blockchain Center in the city. The New York City Economic Development Corporation (NYCEDC) has announced that it is opening its Blockchain Center in Manhattan, Bloomberg reports today, Jan. 10. The organization told reporters that the center is part of a partnership with international trade organization Global Blockchain Business Council and affiliates of New York-based venture capital fund Future Perfect Ventures. Located in the Flatiron District of Manhattan, the 4,000-square-foot center will reportedly offer blockchain-oriented […]

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The Struggles and Successes of Introducing Crypto to the Unbanked: A Social Experiment in Colombia

How cryptocurrency can help the unbanked has been a hot topic over the past 12 months. It is a laudable goal, but one that it is by no means easy to accomplish. One tech enthusiast and stablecoin startup employee, Steven Gilbert, experienced the struggles – and successes – of attempting to do so when he went to one of the poorest neighborhoods in Bogota, Colombia to encourage adoption.  Also read: Why Colombia Has Become a Hotspot for Bitcoin ATMs A Crypto Social Experiment Inspired by a hurricane relief […]

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Bitwise Files With the US SEC for a Physically Held Bitcoin ETF

Cryptocurrency index fund provider Bitwise Asset Management has applied with the U.S. Securities and Exchange Commission to launch a new Bitcoin ETF. Cryptocurrency index fund provider Bitwise Asset Management has applied with the United States Securities and Exchange Commission (SEC) to launch a new Bitcoin (BTC) Exchange Traded Fund (ETF), according to a registration form published today, Jan. 10. According to the form, Bitwise’s proposed ETF will track the Bitwise Bitcoin Total Return Index, the value of which is “calculated based on the prices of bitcoin that […]

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Bitcoin Dips Below $3,700 as All Top Cryptos See Severe Losses

All of the top 20 cryptocurrencies report severe losses, with Bitcoin tumbling below the $3,700 threshold. Thursday, Jan. 10 — all of the top 20 cryptocurrencies are seeing severe losses in the 24 hours to press time. Bitcoin’s (BTC) price has dipped below the $3,700 mark, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is down over 9 percent on the day, trading at around $3,661. Looking at its weekly chart, the current price is lower than $3,888, the price of BTC one week […]

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Report Claims Chinese Mining Giant Bitmain Is Prepping for New Leadership

The cryptocurrency mining manufacturer Bitmain may have a new chief executive officer in the near future according to regional reports. Bitmain’s director of product engineering, Haichao Wang, will apparently take the lead role within the corporation but no official timetable has been announced. Also Read: Nick Szabo: Central Banks May Turn to Cryptocurrency Reserves Over Gold Bitmain Plans to Appoint New CEO Claims Report The Beijing-based mining giant Bitmain Technologies has appointed a “potential successor” for the role of CEO at the company, according to a report from […]

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Maltese Celebrities Notify Police After False Report of Involvement in Crypto Investment Scheme

A Maltese actor and two TV show hosts notify the police following a fake news article about their involvement in a crypto investment scheme. A Maltese actor and two hosts of a local TV show have notified the police after a false report that they are involved in a Bitcoin investment scheme called “Bitcoin Revolution.” The story was reported by the Malta Independent and Malta Today on Thursday, Jan. 10. As per the Malta Independent, an article with a fake endorsement of Bitcoin Revolution was initially published […]

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