October 9, 2019

WATCH: What Drove Bitcoin Price Up Today? We Explore the Pop

news The price of Bitcoin (BTC) jumped 5.1 percent on Wednesday to the highest price in three weeks, after the Federal Reserve (Fed) said it would print money to expand the size of bank reserves – seen as a move by the U.S. central bank that could spark inflation. Traders said optimism also was buoyed...
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YouNow Sees Strong Revenue Growth After SEC Approves Token Distribution

news In a disclosure expected to be published Wednesday by the U.S. Securities and Exchange Commission (SEC), blockchain-based live-streaming company YouNow reported revenues have grown steadily since the release of its props token in July. The filing follows YouNow receiving approval from the SEC this summer to distribute its props token under a Regulation A+ qualification, one...
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Bitcoin Jumps to 3-Week High Near $8,600 as Fed Plans New Round of Reserve Increases

news View The Fed’s decision to expand its balance sheet is seen as a long-term positive development for bitcoin by crypto market experts. Speculation that SEC might approve ETF application by Bitwise is fueling optimism that more investors could allocate funds to the cryptocurrency. Prices for ethereum and bitcoin may have gotten a jolt of...
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MakerDAO’s Multi-Collateral DAI Token Is Launching Nov. 18

news MakerDAO is launching a new version of its programmatic stablecoin DAI next month. MakerDAO Foundation CEO Rune Christensen announced the Nov. 18 launch date at the Devcon ethereum developer conference in Osaka, Japan, on Wednesday. He said the MakerDAO team has been working toward the launch of multi-collateral DAI (MCD) for five years. Currently, users...
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Defend Libra: Mark Zuckerberg To Testify Before Congress

The Libra coin news recently are surrounded by a lot of scrutiny, mainly coming from regulators but also from backers such as Mastercard, Visa and as of recently PayPal, which decided to exit the project before its 2020 launch. However, in the meantime, around 30 different blockchain companies and nonprofits plan to initiate a new...
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Ethereum Surges 6% Leading Crypto Market Surge

Ethereum (ETH) has surged today, marking an extension of the upwards momentum that it incurred earlier this week when the crypto surged nearly 7% after Bitcoin posted a strong bounce at its range lows of roughly $7,800.This bullishness appears to be lifting the aggregated crypto markets, and it is highly probable that further ETH gains...
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Finastra is the Latest Remittance Provider to Partner Ripple and Leverage XRP

Ripple has made a lot of headlines over the past few years. Although cryptocurrency enthusiasts still dislike the company, their business model is more than sound. As a result of their approach, Ripple’s partner list has now grown. Finastra is the latest company to explore the firm’s technology to provide faster cross-border payments. Sending Money...
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Op Ed: Bitcoin Compensation Compliance: Navigating Murky Waters

Far from its humble origins on the cypherpunk list server, Bitcoin now captures the attention of the general public on a seemingly daily basis. Prominent news outlets, once waffling between indifference and hostility, regularly feature the trailblazing cryptocurrency as part of their coverage of the global financial landscape. As time passes, an ever-increasing segment of...
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Coinbase Custody to support Telegram Open Network (GRM), Solana (SOL) & Orchid (OXT)

Support for these assets will be available upon each network’s launch. Over the last year, our industry leading security combined with our native ability to support participation and OTC trading for assets held offline has led Coinbase Custody to become the world’s largest and fastest growing crypto-native custodian. As our client base has grown we’ve...
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IRS Releases New Guides On Taxing Crypto Transactions

The state of crypto in South Korea has been a hot topic lately mostly because of the crypto laws which have toughened up over the past few months. The truth is that South Korean regulators seem to strongly favor blockchain over cryptocurrencies and many events have proven this hypothesis.According to local reports in the crypto...
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Ethereum vs EOS vs Cardano vs Rootstock

Smart contract platforms allow developers to create fully decentralized dApps. Some of the more popular platforms are Ethereum, EOS, Cardano and Rootstock. In this article, we will go over these options and explain what’s unique about each one. Let’s get started! Ethereum What Is Ethereum? Unlike Bitcoin, Ethereum is an ecosystem whose focus is to...
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Block.one debuts EOSIO 2 with improvements aimed at developers

EOSIO 2, the second iteration of the EOS blockchain, was unveiled. Block.one, the company behind the blockchain, said that EOSIO 2 was built with developers in mind and will create a faster, simpler, and more secure environment to build on EOS. A new iteration of EOSIO is on its way EOSIO, an open-source blockchain protocol,...
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Bitcoin Price: Reclaiming Important Moving Average Could Lead to Retest of Highs

Since the start of the week, Bitcoin price has rallied from a retest of lows around $7,700 to $8,700 – gaining over $1,000 in value during the short timeframe.The post appeared first on NewsBTC
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Microsoft, Huawei and Venezuelan Government at Blockchain Life 2019 on October 16-17 in Moscow

Blockchain Life 2019 takes place in one week. The organizers have already sold over 4000 tickets. Among speakers are the founders of top blockchain and crypto companies, investors, developers, crypto traders, CEOs of projects, entrepreneurs and businessmen. The following keynoters are also joining the upcoming event: Leading technology expert at Microsoft in Russia Konstantin Goldstein;...
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Report: Blockchain Among Highest-Paying Industries in Canada

A report from the Canadian Digital Chamber of Commerce shows that salaries in the Canadian blockchain industry are among the best paid in the country. A recent report from the Canadian Digital Chamber of Commerce shows that salaries in the Canadian blockchain industry are amongst the highest in the country. Much needed legal clarity The...
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Bitmain Announces Two New ASIC Cryptocurrency Mining Rigs

Jihan Wu, co-founder of leading ASIC miner producer Bitmain, announced two new series 17 Bitcoin mining machines. Leading Application Specific Integrated Circuit (ASIC) producer Bitmain announced two new series 17 Bitcoin (BTC) mining machines in a blog post published on Oct. 9. Bitmain: higher efficiency and hashrate Bitmain co-founder Jihan Wu announced the S17+ and...
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Virginia Bitcoin Mining Operation Ordered to Liquidate Assets

BCause Mining, a Bitcoin (BTC) mining operation in the city of Virginia Beach in the United States, was ordered to liquidate its assets.  In an Oct. 9 article, local news outlet the Virginian-Pilot reported that the Bitcoin mining company filed for bankruptcy earlier this year. This week, a federal judge approved the motion to convert...
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Over 200 Venezuelan Taxis Discover the Benefits of Bitcoin Cash

A man named Oscar Salas recently spoke about his quest to spread bitcoin cash (BCH) adoption on episode 34 of the Bitcoin Cast show. Salas explained in great detail how he is a passionate BCH supporter and the organizer of the Maracaibo city BCH meetup. Following his interview a few days later, Salas and his...
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Bitcoin Consolidates as Analysts Expect Multiple Altcoins to Surge

Bitcoin has once again found support around $8,200 after the upwards momentum it garnered from its recent dip into the $7,000 region faltered. It is important to note that BTC’s recent price action is quite similar to that seen a couple of weeks ago, which likely points to the fact that it is currently caught...
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Sean Walsh: Cryptocurrencies Can Harness More Human Energy

Bitcoin scores high in terms of ‘moneyness’ compared to other forms of money as it has some technical advantages and social inertia. In an interview with Bitcoin.com’s Humans of Bitcoin podcast, brilliant contrarian thinker Sean Walsh shared his opinion about cryptocurrencies and their place within the global financial system. The crypto investor believes decentralized digital...
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Ethereum vs EOS vs Cardano vs Rootstock – Smart Contract Platform Comparison and Review

Smart contract platforms allow developers to create fully decentralized dApps. Some of the more popular platforms are Ethereum, EOS, Cardano and Rootstock. In this article, we will go over these options and explain what’s unique about each one. Let’s get started! Ethereum What Is Ethereum? Unlike Bitcoin, Ethereum is an ecosystem whose focus is to...
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BitGo to Provide Custody for Crypto Assets Under Bitstamp Management

Digital asset financial services firm BitGo will provide secure storage for crypto assets under management at major cryptocurrency exchange Bitstamp. $100 million insurance policy In a press release on Oct. 9, the Luxembourg-based cryptocurrency exchange announced that BitGo will offer custodianship of its digital assets. The Bitcoin (BTC) exchange will start transferring assets to BitGo’s...
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Bitcoin Correction Bottom Target Is $6,000, Coincides With Production Cost

Bitcoin’s parabolic rally of 2019 is now a thing of the past, and what lies ahead is anyone’s best guess. Crypto analysts are divided, with some calling a quick return to a bull market, while more bearish investors believe that Bitcoin has more to fall and will look for a bottom lower.However, a formula used...
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Ripple CEO Warns U.S. Dollar at Risk of Being Displaced by China

As tensions continue to flare between the U.S. and China amid further trade war competitiveness, Ripple CEO Brad Garlinghouse has pitted the two superpowers against each other yet again, suggesting that America is falling behind China on crypto innovation. A ‘Call to Action’ China’s work on its central bank digital currency (CBDC) has stepped up...
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Litecoin’s Struggle Continues; Reaches New Low below $57

Litecoin falls below 57 USD over the last 24 hours. The next major resistance may come at 60 USD. Litecoin’s dismal performance in the past few days has been the talk of the town. A few months ago, LTC price used to mount as high as 100 USD but now it is struggling to keep...
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Binance adding Alipay and WeChat on-ramps easing crypto access for 1.4 billion Chinese

Binance will roll out support for Alipay and WeChat, potentially providing a fiat on-ramp for over a billion people. The feature will help Binance make strides in China after it launched a peer-to-peer trading platform in the country. Binance rolls out new P2P platform Obtaining cryptocurrencies in China, where crypto exchanges have been banned since...
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Tron Network Experiences Overwhelming Bot Activity

Tron is featured in the coming altcoin news again, after a turbulent period in which it has been facing a lot of ups and downs. A lot of rumors and news developments have been contributing to the incurred volatility of this altcoin. However, the founder of TRON, Justin Sun claims that what’s a priority right...
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Bitcoin’s allocation in investor portfolios may have major upsides: VanEck Exec

Bitcoin is perhaps the fastest growing asset in 2019. Outperforming the likes of a traditional assets such as the S&P 500, stocks, and oil, there is little doubt that Bitcoin is creating its own niche. However, a degree of reluctance on the part of many to invest in the asset is still evident as volatility...
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Monero (XMR), IOTA and Zcash (ZEC) Price Analysis and Prediction for October 9th

Monero Price Analysis (XMR/USD) On today’s hourly chart, the Monero coin is showing a beatable outlook, with negative moves. XMR/USD pair failed to recover from the bearish momentum as it is currently holding strong support below $54.938 and resistance level at $56.199. The market started the sell-offs trading at $55.875, followed by a short-term consolidation...
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DCG Survey: Blockchain to Lead in Payments and Asset Tokenization

DCG’s 2019 annual survey gives insight into companies’ expectations regarding blockchain and crypto use cases
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