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What ICO, IEO, STO? This Over USD 2bn Company Sells Shares for Crypto
5.7.2019
One of the U.K.’s biggest craft brewers BrewDog is taking another step into the world of crypto as now investments in this company can be made with cryptocurrency.
The acceptance of cryptocurrencies for shares in the company is made possible through the brewer’s popular “Equity for Punks” program...
Tron’s Justin Sun Faces Backlash Due to Scam in China
5.7.2019
Justin Sun. Source: Twitter, @justinsuntron
The founder of the Tron blockchain project, Justin Sun, is facing harsh criticism in his home country of China after an alleged Ponzi scheme ended abruptly last week.
According to Chinese website Nuclear Finance, a pyramid-like investment scheme known...
Bitcoin and Altcoins Turned Red
5.7.2019
Yesterday, bitcoin price tested the USD 12,000 resistance level, where sellers emerged. BTC/USD started a downside correction below USD 11,800, but it failed to hold the key USD 11,500 support. As a result, there was a downside extension below the USD 11,200 support level. Similarly, there were...
Dogecoin Explodes on Binance Listing News
5.7.2019
Major cryptocurrency exchange Binance will list Dogecoin (DOGE), a "joke" cryptocurrency that became a serious one, today starting 12:00 PM (UTC).
DOGE skyrocketed after the news more than 24% and at pixel time (07:49 UTC) trades at USD 0.0039. It's up by more than 20% in the past 24 hours.
DOGE...
All Currencies Based on Faith, Says Famed Investor Who Eyes Bitcoin
5.7.2019
Source: a video screenshot, Youtube, Bloomberg Markets and Finance
All currencies are based on faith, Mark Mobius, a legendary investor, co-founder of an asset management company Mobius Capital Partners, stressed, adding that he might buy bitcoin if its adoption picks up.
"Let's face it -...
South Korean Parliament Offers Pro-Crypto Advocates a Glimmer of Hope
5.7.2019
Campaigners hoping to sway Seoul away from its two-tiered blockchain and cryptocurrency policy have been buoyed by an announcement from a senior National Assembly committee member – hinting that the country’s parliament may be prepared to lend its support to two pro-cryptocurrency private members’...
Facebook Libra: a New, Revolutionary, Fiat Currency
4.7.2019
Juan Villaverde is an econometrician and mathematician devoted to the analysis of cryptocurrencies since 2012. He leads the Weiss Ratings team of analysts and computer programmers who created Weiss cryptocurrency ratings.
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Within just the last couple of weeks, so much has been said...
Tezos Surged on Investment Bank Partnership News
4.7.2019
Source: iStock/Cecilie_Arcurs
XTZ, the native token of the Tezos blockchain, jumped by 7% in the past 24 hours after the Tezos Foundation announced that it secured partnerships with two large players in the traditional finance space for use of the blockchain for security token offerings (STOs).
At...
ECB, IMF, China, Italy and Now Donald Trump Builds a Case for Bitcoin
4.7.2019
Donald Trump. Source: Twitter, @realDonaldTrump
U.S. President Donald Trump has joined the ranks of other officials unintentionally building a case for Bitcoin and showing why it’s better compared to traditional fiat money systems.
In an eyebrow-raising tweet on Wednesday, Trump expressed...
Bitcoin Extending Gains While Altcoins Consolidate
4.7.2019
In the past few sessions, bitcoin price climbed higher above the USD 11,200 and USD 11,500 resistance levels. The upward move was such that BTC/USD even tested the USD 12,000 resistance. It is currently (08:10 UTC) correcting gains and likely to find support near USD 11,500 or USD 11,250....
Cuba ‘Studies’ Cryptocurrencies, Expert Floats Cent’l Asia Crypto Idea
4.7.2019
The Cuban government says it is “studying the use” of cryptocurrencies in an effort to boost the country’s flagging economy as American-led sanctions continue to bite.
The United States has ramped up sanctions against Cuba in recent months, with tourism and educational travel bans, as well as...
Japan's Crypto Exchange Association Just Lost Influential Boss
4.7.2019
Yoshitaka Kitao. The CEO of Japan’s SBI Group, Yoshitaka Kitao, has stepped aside as the head of the self-governing Japan Virtual Currency Exchange Association (JVCEA) just over two weeks after he was re-elected to the role.
Kitao is one of the most influential figures on the Japanese...
Telegram's Gram Jumps 201% Even Before Public Sale
4.7.2019
Telegram’s new digital token, the Gram, will go on pre-sale at the price of USD 4, or 201% more than Telegram's investors paid in the second initial coin offering (ICO) round in March 2018.
Japanese exchange platform Liquid by Quoine, who is responsible for the pre-sale, will offer a 12.5%...
Cryptopia’s Liquidator Regains Access to Customer Database
3.7.2019
Source: iStock/art-sonik
Grant Thornton, the liquidator of New-Zealand based cryptocurrency exchange Cryptopia, said it has recovered the customer holding database and is working to reconcile this with Cryptopia-controlled cryptoasset wallets.
As reported in May, the liquidator applied for urgent...
After FATF Battle, Cryptoverse Has 3 Months for a Fight in the UK
3.7.2019
Another regulatory battle has just been announced, as the UK financial watchdog said it wants to ban cryptocurrency derivatives to all retail consumers in the Kingdom.
"We are consulting on banning the sale, marketing and distribution of derivatives and exchange traded notes referencing...
What We Know About the "Secret" Debate Between Hayes and Roubini
3.7.2019
Source: Twitter, @CryptoHayes
A recording of a highly anticipated debate between the well-known crypto critic Nouriel Roubini and the outspoken CEO of the crypto derivatives exchange BitMEX Arthur Hayes, is not available for the public to watch yet, but witnesses have started to share their...
Bitcoin Surges While Altcoins Try to Catch Up
3.7.2019
After a strong decline, bitcoin price formed a support base near the USD 10,000 level. Finally, the bulls joined the party, resulting in a sharp upward move above USD 10,500. BTC/USD rallied more than 15% in the past three sessions and even surged above USD 11,000 and USD 11,250. On the other hand...
Big Blockchain, Crypto Firsts: Shipment Succeeds, UK Hedge Fund OKed
3.7.2019
Blockchain and cryptocurrency industries just had their two important firsts: a blockchain-powered shipment from South Korea to the Netherlands has been successfully completed, while the first crypto hedge fund has won approval from UK authorities.
The shipment – made from a port in South Korea...
Bitcoin Rebounds from Below USD 10K to above USD 11K in Ten Hours
3.7.2019
It took ten hours for the largest cryptocurrency, bitcoin, to rebound from USD 9,960 to USD 11,000 before it moved even higher.
At pixel time (04:38 UTC), bitcoin trades at c. USD 11,360 and is up by more than 13% in the past 24 hours, trimming its weekly loss to 7% and increasing monthly gains...
Samsung, LG and SK Begin ‘Summer Blockchain War’
3.7.2019
South Korean business conglomerates Samsung, LG and SK are set to begin offering a range of blockchain technology-powered products and services this summer – as they attempt to become the leaders in what could become a very competitive market in the country.
Per Fn News, the “Blockchain summer war”...