Monthly Archives: May 2019

Report: Blockchain Sports Platform Will Not Buy English Football Club With Crypto

Decentralized sports investment and funding firm SportyCo will reportedly not purchase English Championship football club Hull City AFC. Decentralized sports investment and funding firm SportyCo will reportedly not purchase English Championship football club Hull City AFC, the Next Web reported on May 1. Sources familiar with the matter reportedly told the Next Web that the deal price appeared to be too high when disclosed to investors supporting SportyCo’s bid. Sources reportedly said that the price was “higher than the real market valuation.” Last October, sports-focused media outlet […]

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Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 1

The recent recovery suggests an end to the bear market, and most cryptocurrencies are unlikely to drop to their lows. 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 bull market of 2017 followed by the bust in 2018 increased the popularity of cryptocurrencies. 89% of Americans have heard […]

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Coinbase Shifting Focus Due to Growing Institutional Investor Interest in Crypto

Following closures of its PAC and Chicago office, Coinbase says its shifting focus to serve institutional investors. America’s largest cryptocurrency exchange, Coinbase, is shifting its focus to serve the needs of a growing interest in crypto by institutional investors. This is the narrative coming from the company after some changes in the last 10 days. Firstly, news broke last week that Coinbase had filed to close its Political Action Committee (PAC) with the American Federal Election Commission (FEC). A quick look at the filing and balance sheet […]

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Austin Transportation Partners With Iota Foundation to Develop Interoperability Ecosystem

Austin Transportation partnered with nonprofit Iota Foundation to develop a more interoperable transportation ecosystem. The government transportation department in the city of Austin, Texas partnered with nonprofit Iota Foundation to develop a more interoperable transportation ecosystem. The Austin Transportation Twitter account reported on the partnership on April 25. The tweet contained a link to an event — which took place on April 29 — featuring Dominik Schiener, co-founder of the Iota Foundation, and local authority holders delineating the scope of the partnership. During the meeting, the speakers […]

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A New Report Shows People Are Warming Up to Bitcoin

A Medium post published by Spencer Bogart, a general partner at Blockchain Capital, compares data collected from a set of surveys from October 2017 and April 2019 containing identical questions (plus a few new ones). The results, compiled from an online survey taken by 2,029 American adults, reveal that Bitcoin has been growing in the eyes of the public, despite its shrinking price. Overall, the results show that more people have heard about Bitcoin now than during the middle of the last hype cycle, when the October […]

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Report: Indictment Reveals Connection to Bitfinex, QuadrigaCX’s Shadow Banking Services

The recent indictment of two individuals on multiple counts reveals an apparent connection to two crypto exchange scandals. The April 30 indictment of two individuals on multiple counts — including bank fraud and operating an unlicensed money transmitting business — reveals an apparent connection to the shadow banking services that were used in two recent high-profile crypto exchange controversies. The indictment — charging Arizona resident Reginald Fowler and Ravid Yosef, a resident of Tel Aviv, Israel — was announced in a news release from the United States […]

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Grayscale to Launch Pro-Bitcoin Ads ‘Drop Gold’ on Social Media, Linear TV

American digital asset manager Grayscale Investments introduced its pro-bitcoin advertising initiative “Drop Gold.” New York-based digital asset manager Grayscale Investments has introduced its pro-bitcoin (BTC) advertising initiative “Drop Gold” in a press release on May 1. The Drop Gold campaign is based on the emergence of bitcoin as an alternative to gold investments. In particular, the advertising campaign is promoting bitcoin investment within Grayscale’s publicly traded Bitcoin Investment Trust (BIT), which started trading under the ticker GBTC back in 2015. Grayscale’s pro-bitcoin advertisement includes a provocative commercial arguing […]

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CoinMarketCap to Remove Exchanges From Calculations If They Don’t Provide Mandatory Data

Following controversy about fake volumes on CoinMarketCap, the service will require exchanges to provide mandatory API data. Crypto market cap tracker CoinMarketCap (CMC) will remove exchanges from its calculations if they fail to provide mandatory data by June, the firm wrote in its sixth anniversary blog post on May 1. CoinMarketCap, a major source of data about all traded digital currencies, has made a series of announcements to celebrate its sixth birthday today. As such, CMC has announced a brand new alliance called the Data Accountability & […]

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Markets Update: Crypto Prices Recover as Bitcoin Cash Leads the Charge Again

On April 25, cryptocurrency markets tumbled after the controversy between the New York Attorney General’s (NYAG) office, the stablecoin company Tether, and Bitfinex exchange. Since then, prices have slightly recovered and the entire cryptoconomy regained $4.3 billion after losing $10 billion last Thursday. Moreover, out of the top 10 cryptos by market capitalization today, bitcoin cash (BCH) leads the way by gaining more than 5% in the last 24 hours. Also read: Bitcoiners’ Seastead in Deep Trouble With Thai Government Crypto Markets Show Improvement After Last Week’s […]

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Dutch Central Bank Will Keep Embracing DLT, But To-Date Findings Are Not All Positive

Over the past three years, the Dutch central bank faced a number of issues in applying blockchain in payments. The Netherlands’ central bank will continue to experiment with blockchain, but its to-date findings are “not that positive,” according to the bank’s director of payments. Finance publication The Banker reported on the comments on May 1. Petra Hielkema, director of payments and market infrastructures at the De Nederlandsche Bank (DNB), claimed that embracing new technologies such as blockchain and artificial intelligence (AI) will be a key direction in […]

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