October 10, 2019

‘Teenage Bitcoin Millionaire’ Co-Founds $1 Million Investment Fund for Crypto Startups

news The leaders of crypto payment app Metal Pay, Marshall Hayner and Erik Finman, are launching an investment fund. Dubbed Metal VC, the $1 million dollar fund will focus on micro and angel investments, primarily in early-stage companies involved in banking and decentralized finance. The fund will allow the startup to align with partners as...
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Devcon Shows Ethereum’s ‘World Computer’ Is a Movement, Not a Product

news If there’s anywhere in the world where it feels right to believe in magic, it’s Devcon 5 in Osaka, Japan. The ethereum community faces a daunting task: scale its blockchain ecosystem to securely support the growing demand for mainstream use cases. Thousands of technologists and passionate fans gathered at Devcon this week to grapple...
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Ethereum May Retrace Further Before Surging Past $200

Ethereum surged yesterday and front-ran the jump that occurred in the aggregated crypto markets, with this latest price action marking an extension of the upwards momentum that was incurred earlier this week when ETH and multiple other altcoins posted significant gains.Ethereum’s recent price action may have further bolstered its newfound bullishness, which could mean that...
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BCause Mining Faces a Mandatory Asset Liquidation in Virginia

Mining if the lifeblood of many top cryptocurrencies. This is especially true for Bitcoin, as miners validate transactions and protect the network at the same time. Not every project in this space is legitimate, however, Bcause Mining is one interesting example. Despite receiving a grant from a US city, they are now forced to liquidate...
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Pelosi’s Challenger Agatha Bacelar on Bitcoin as an Agent for Social Change

Typically, it’s the kid who tells their parents about Bitcoin, but for U.S. Democratic Congressional candidate Agatha Bacelar, it was the other way around. “It first started with my dad. He read the Satoshi white paper really early on, before the mainstream knew about it. At first it was just him talking about it, and...
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Binance Adds P2P Platform for Chinese Investors, Supports Alipay and WeChat

Leading cryptocurrency exchange Binance has added support for Chinese users of WeChat and Alipay, circumventing a Chinese ban on cryptocurrency exchanges by launching a P2P service that is accessible by Chinese citizens. Binance’s P2P trading capability was announced October 9, 2019, giving Chinese investors the ability to trade bitcoin, ether and tether against the Chinese...
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Report: Canaan Will Be Listed Publicly in the US in November

This article was originally published by 8btc and written by Lylian Teng. Canaan Creative, one of the world’s largest bitcoin mining machine manufacturers, will be listed as a publicly traded company in the U.S. in November 2019, according to a source with knowledge of the matter. According to the source, the Avalon miner producer, which...
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IRS Releases Tax Guidance on Hard Forks and Airdrops

The U.S. Internal Revenue Service (IRS) has taken a significant step to provide much-needed clarity for crypto users. On October 9, 2019, the tax authority published an announcement of Revenue Ruling 2019-24, which addresses an array of questions concerning tax compliance related to cryptocurrency airdrops and blockchain hard forks.  The issue of how to tax...
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Libra Is A ‘Better Paypal,’ Not A Liberating Currency Like Bitcoin, ETH, XRP, And LTC

<div innerhtml=" Silhouettes are seen beneath a sign of Libra, the cryptocurrency project launched by Facebook during a conference at marketing and communication school CREA in Geneva on September 26, 2019. (Photo by Fabrice COFFRINI / AFP) (Photo credit AFP/Getty Images Facebook’s global currency, Libra, is ‘another’ payment system – ie, a better version of...
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Innovative All-in-one Cryptocurrency Apollo DEX Exchange Enters Beta with 100% Private Transactions and Atomic Swaps Enabled

October 2019, Vernon, Missouri – Last year the idea of 2-second fully confirmed blockchain transactions, an adaptive forging system with transaction-only block creation seemed like a long way away. However  All-in-one cryptocurrency Apollo Blockchain has achieved this feat in less than a year. Add to that unlimited scalability, a well-designed cure for blockchain sustainability, (database sharding), and another revolutionary technological...
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A United Nations Agency Has Launched a Crypto Fund

The adoption and widespread use by the mainstream public are vital for crypto and Bitcoin to eventually reach its full potential. Acceptance from global government entities is nearly as important, as they wield the power to prevent the asset class from developing further.The post appeared first on NewsBTC
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Top-20 Coins Experience Downward Trend, BTC Sticks Near $8,600

Crypto markets are mostly in the red, remaining relatively quiet with moderate losses throughout the top-20 coins. Thursday, Oct. 10 — Following an impressive rally yesterday, major crypto markets have slowed to trade in the red over the past day. Bitcoin (BTC) has stuck to $8,600, while other major coins are experiencing a downward trend....
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FATF AML Regulation: Can the Crypto Industry Adapt to the Travel Rule?

As the deadline for the so-called travel rule looms, crypto exchanges and issuers are responding to the pressure. Regulators are clamping down on cryptocurrency, and companies around the world are feeling the strain. In late June, one of the most authoritative regulatory organizations worldwide, the Financial Action Task Force (FATF), issued new guidelines on how...
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Blockchain Healthcare Firm Wins US National Science Foundation Grant

New England-based blockchain firm SimplyVital Health, Inc. has received a $225,000 grant from the United States National Science Foundation (NSF) to research integration of its protocol Nexus with the Graphene protocol. The NSF awarded the grant as part of its Small Business Programs, which contributes $200 million annually to innovative startups and small businesses, according...
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Bitcoin Cash Acceptance Grows in Southeast Asia via Alchemy’s PoS System

The payments and technology provider Alchemy recently announced the launch of the startup’s hybrid payment solution, a platform that aims to connect cryptocurrency with retailers worldwide. Alchemy’s crypto solution features integration with Qfpay, a well known third-party payment company that provides payment services for more than 1.2 million affiliated merchants. So far the starting point...
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Bitcoin Rally Stalls Despite Bullish Market Structure

Bitcoin (BTC) incurred a sudden influx of buying pressure yesterday that sent its price surging past its previous resistance levels and allowed it to gain a more solid footing within the $8,000 region. This movement proved to be highly bullish for the aggregated crypto markets, as multiple major altcoins posted notable gains.Analysts are now noting...
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Ripple Under Attack For Suggesting XRP Is Simply “Blue Gold” It Discovered ⋆ ZyCrypto

Ripple has had its fair share of woes in 2019. Even though the crypto market has not been performing satisfactorily enough, things were a lot better a few months back when Bitcoin (BTC) began its surge and eventually dragged most other altcoins along with it. However, even at this time, XRP seemed to have been...
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Why certain countries ban crypto

Guest post by Philip Salter from Genesis Mining Philip is the Head of Mining Operations of Genesis Mining. Whether you love it or hate it, cryptocurrency is here to stay. Managed by decentralized networks spread out across the entire globe, the world’s cryptocurrencies are uniquely useful and polarizing at the same time. There is no...
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Bitcoin heading towards becoming ultimate form of collateral: Trace Mayer

Towards the end of September, the price of almost all cryptocurrencies was seen dropping by more than 10%. While several altcoins hit a yearly low, Bitcoin was seen falling by over 9% in just an hour, which further pushed the coin’s price down to four digits. Bitcoin’s price was seen moving sideways for a long...
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XRP ensures Ripple uses most efficient rail, says Brad Garlinghouse

Brad Garlinghouse has not only been successful in expanding Ripple’s potential as a payments giant, but has also made efforts towards making the technology accessible and understandable to the general public. The entrepreneur featured on Anthony Pompliano’s podcast, where he discussed Ripple’s recent initiatives and XRP‘s place within the ecosystem. Garlinghouse stated that while XRP...
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South Korean Blockchain Startup Raises $8M for Identity Authentication

Blockchain company Iconloop has secured 10 billion Korean won (KRW) (over $8 million) from seven investment companies participating in a Series A funding round. Per an Oct. 10 announcement, it was Iconloop’s first venture capital investment since its establishment in 2016, with the participation of companies such as Korea Technology Finance Corporation (KOTEC) and T.S....
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Bitcoin Correlated With Avocado Toast, Is Crypto Another Millennial Luxury?

Bitcoin is lauded as an “uncorrelated asset” in terms of how it performs compared to popular stock indices like the S&P 500 and other traditional financial markets.The post appeared first on NewsBTC
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Traditional PC Market Continues to Grow Despite Issues in the Supply Chain, According to IDC

FRAMINGHAM, Mass.–(BUSINESS WIRE)–Worldwide shipments of traditional PCs, comprised of desktops, notebooks, and workstations, reached 70.4 million units in the third quarter of 2019 (3Q19), according to preliminary results from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker. Demand in the commercial segment combined with trade tensions between the United States and China...
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Why the Maximalist Narrative of Just Hodl and Wait Is Unsustainable

It’s encountered all over the crypto space these days — the idea that the only correct way to “Bitcoin” is to hold and not spend, and to desperately lash out on crypto Twitter at anyone who thinks differently. But what ever happened to Satoshi’s original call for an “electronic payment system based on cryptographic proof...
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Cardano to push for decentralization, performance through hardfork

Cardano’s Charles Hoskinson stands as one of the most active entrepreneurs when it comes to information sharing about cryptocurrency and new developments within the ecosystem. Although Hoskinson leads this development as a one-man show, he featured on Anthony Pompliano’s podcast to give his take on the thriving crypto-ecosystem. The crypto-enthusiast spoke about his various business...
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OKEx Korea Might not Delist all Privacy Coins After all

The cryptocurrency industry is always evolving in one way or another. Privacy coins have become very problematic in some Asian countries, with South Korea being the main point of focus. Contrary to an earlier decision, OKEx Korea will not remove all privacy coins just yet. Two coins are still in the good graces, for the...
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Cardano Shows Signs of Strength, but no Quick Turnaround Seems Imminent

Cardano grows by 1.91% in the last one day The next resistance may come at 0.045 USD Cardano has managed to grow by 1.91% in the last 24 hours, and the price movements of the past 24 hours have been in the range between 0.040845 USD and 0.043509 USD. It has shown three major price...
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Perth Mint, InfiGold Launch Gold-Backed Token on Public Blockchain

Australia’s largest precious metal refinery, the Perth Mint, and InfiGold, a fintech startup focused on precious metals digitization, have jointly launched a gold-backed digital token. The new ERC-20 token is dubbed Perth Mint Gold Token (PMGT) and pegged 1:1 with GoldPass certificates issued by the Perth Mint, according to a press release shared with Cointelegraph...
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NVT: Top and Bottom Indicator Signals Time To Buy Bitcoin

Bitcoin’s network to transactions ratio, or NVT for short, is an indicator developed by crypto analyst Willy Woo as a signal for deterring tops and bottoms of Bitcoin cycles.The post appeared first on NewsBTC
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BitDeer.com announces Rebate Program to reward its global community

BitDeer.com, the world’s leading computing power-sharing platform, has just announced a rebate program as an offering to its worldwide customers and new crypto mining community members. Starting from October 10, 2019, the company will be allocating funding in hundreds of thousands of range to bring more benefits to its current users. The platform has decided...
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