Mining and Blockchain Energy Take Center Stage at Senate Talks
A recent discussion at the US Senate Committee on Energy and Natural Resources raised the burning issue of crypto mining once again, suggesting that lawmakers are keen to find a legislative balance.
Read the full article at https://bitcoinnews.com/mining-and-blockchain-energy-take-center-stage-at-senate-talks/
Topic: BitcoinNews: #1 In Blockchain News - page 15. (Read 4535 times)
Liechtenstein Union Bank AG to Launch Fiat Backed Crypto
A bank in tiny Liechtenstein has announced its own security tokens and fiat backed cryptocurrency.
Liechtenstein Union Bank AG is to issue Union Bank Payment Coin (UBPC) and suggests that it is planning to become “full-service blockchain investment bank”.
Read the full article at https://bitcoinnews.com/liechtenstein-union-bank-ag-to-launch-fiat-backed-crypto/
A bank in tiny Liechtenstein has announced its own security tokens and fiat backed cryptocurrency.
Liechtenstein Union Bank AG is to issue Union Bank Payment Coin (UBPC) and suggests that it is planning to become “full-service blockchain investment bank”.
Read the full article at https://bitcoinnews.com/liechtenstein-union-bank-ag-to-launch-fiat-backed-crypto/
Inside Venezuela: No Trust in Government, Rejecting Petro and Feeding 2,000 Daily
In a Bitcoin News exclusive, Bitcoin Venezuela founder Randy Brito reveals a wealth of ideas about how cryptocurrency can be used to combat the effects of extreme hyperinflation in Venezuela right now. He takes us on an insightful journey on the ground in the South American nation, uncovering deep skepticism from Venezuelans of both the Petro crypto token and an uncorrupted future for local cryptocurrency exchanges.
Read the full article at https://bitcoinnews.com/inside-venezuela-no-trust-in-government-rejecting-petro-and-feeding-2000-daily/
In a Bitcoin News exclusive, Bitcoin Venezuela founder Randy Brito reveals a wealth of ideas about how cryptocurrency can be used to combat the effects of extreme hyperinflation in Venezuela right now. He takes us on an insightful journey on the ground in the South American nation, uncovering deep skepticism from Venezuelans of both the Petro crypto token and an uncorrupted future for local cryptocurrency exchanges.
Read the full article at https://bitcoinnews.com/inside-venezuela-no-trust-in-government-rejecting-petro-and-feeding-2000-daily/
China Cracks Down on Crypto News Sites as ICOs Feel the Heat
Chinese authorities have recently turned their attention to news sites and those reporting information on current news about cryptocurrencies.
Read the full article at https://bitcoinnews.com/china-cracks-down-on-crypto-news-sites-as-icos-feel-the-heat/
Chinese authorities have recently turned their attention to news sites and those reporting information on current news about cryptocurrencies.
Read the full article at https://bitcoinnews.com/china-cracks-down-on-crypto-news-sites-as-icos-feel-the-heat/
SEC Rejects Multiple Bitcoin ETFs
The US Securities and Exchange Commission (SEC) has rejected at least eight proposals for Bitcoin exchange-traded funds (ETFs). The decision was made yesterday on 22 August.
Two rejections were from applications filed by ProShares that would have tracked Bitcoin futures contracts — a decision made a day earlier from a 23 August deadline. However, the SEC also rejected six other proposals, decisions for which could have been postponed: one from GraniteShares and five leveraged and inverse ETFs filed by Direxion.
Read the full article at https://bitcoinnews.com/sec-rejects-multiple-bitcoin-etfs/
The US Securities and Exchange Commission (SEC) has rejected at least eight proposals for Bitcoin exchange-traded funds (ETFs). The decision was made yesterday on 22 August.
Two rejections were from applications filed by ProShares that would have tracked Bitcoin futures contracts — a decision made a day earlier from a 23 August deadline. However, the SEC also rejected six other proposals, decisions for which could have been postponed: one from GraniteShares and five leveraged and inverse ETFs filed by Direxion.
Read the full article at https://bitcoinnews.com/sec-rejects-multiple-bitcoin-etfs/
Tether Maintains Stable Price via Arbitrage
Tether (USDT) is a leading stable coin, with a total circulation of 2.826 billion USDT, each being worth roughly USD 1, as of this writing on 22 August 2018. The number of USDT in circulation has skyrocketed by billions of USD in the past year and continues to rise, as it’s become a good alternative to USD on exchanges where USD is not available.
Read the full article at https://bitcoinnews.com/tether-maintains-stable-price-via-arbitrage/
Tether (USDT) is a leading stable coin, with a total circulation of 2.826 billion USDT, each being worth roughly USD 1, as of this writing on 22 August 2018. The number of USDT in circulation has skyrocketed by billions of USD in the past year and continues to rise, as it’s become a good alternative to USD on exchanges where USD is not available.
Read the full article at https://bitcoinnews.com/tether-maintains-stable-price-via-arbitrage/
Shorts on Bitfinex Near Record Highs, Could Trigger Short Squeeze
Short sell positions on Bitfinex, the biggest USD to Bitcoin exchange in the world, are nearing record highs. As of 21 August 2018, there were 39,524 shorts on Bitfinex, just below the record of 40,719 shorts on 12 April. This could lead to a short squeeze and a rapid rise in Bitcoin’s price, which is what happened on 12 April when Bitcoin’s price rose USD 1,000.
Read the full article at https://bitcoinnews.com/shorts-on-bitfinex-near-record-highs-could-trigger-short-squeeze/
Short sell positions on Bitfinex, the biggest USD to Bitcoin exchange in the world, are nearing record highs. As of 21 August 2018, there were 39,524 shorts on Bitfinex, just below the record of 40,719 shorts on 12 April. This could lead to a short squeeze and a rapid rise in Bitcoin’s price, which is what happened on 12 April when Bitcoin’s price rose USD 1,000.
Read the full article at https://bitcoinnews.com/shorts-on-bitfinex-near-record-highs-could-trigger-short-squeeze/
ICOs and Blockchain Island Hub Discussed at South Korea’s National Assembly
The National Assembly of South Korea held a session recently where committees and political parties discussed the future of the blockchain industry, initial coin offerings (ICOs) and the fascinating Jeju Island proposal for a blockchain hub.
Read the full article at https://bitcoinnews.com/icos-and-blockchain-island-hub-discussed-at-south-koreas-national-assembly/
The National Assembly of South Korea held a session recently where committees and political parties discussed the future of the blockchain industry, initial coin offerings (ICOs) and the fascinating Jeju Island proposal for a blockchain hub.
Read the full article at https://bitcoinnews.com/icos-and-blockchain-island-hub-discussed-at-south-koreas-national-assembly/
I'm abit blurred about bitcoin ETN, so CXBTF is the bitcoin ETN? And the price is USD30+ at https://www.bloomberg.com/quote/CXBTF:US 
Yes that's it. Each share is 0.005 Bitcoin. Thanks for the link 
I'm abit blurred about bitcoin ETN, so CXBTF is the bitcoin ETN? And the price is USD30+ at https://www.bloomberg.com/quote/CXBTF:US
Bitcoin News Radio Show, 21st August 2018
Follow the show at https://anchor.fm/bitcoinnewscom
On this edition of the Bitcoin News daily radio show we discuss how record levels of shorts on Bitfinex potentially triggered a short squeeze which caused Bitcoin’s price to rapidly rise. Learn about BitMEX’s research into the size of Satoshi’s Bitcoin stash. Hear about how Tether is stabilized at USD 1 via arbitrage. We also discuss the Proshares Bitcoin ETFs which are due for a decision via the SEC, but are essentially paper Bitcoins based on other paper Bitcoins, and how Nvidia is quitting the crypto game due to GPUs becoming obsolete for mining.
Follow the Bitcoin News Radio Show on Anchor, Spotify, Google Podcasts, Stitcher, Radio Public, Pocket Casts, and Breaker. We broadcast a new episode every day, covering the most important topics in the crypto, Bitcoin, and blockchain world!
Read https://bitcoinnews.com/bitcoin-news-radio-show-21st-august-2018/
Video https://www.youtube.com/watch?v=FCAu8ZPF3mY
Follow the show at https://anchor.fm/bitcoinnewscom
On this edition of the Bitcoin News daily radio show we discuss how record levels of shorts on Bitfinex potentially triggered a short squeeze which caused Bitcoin’s price to rapidly rise. Learn about BitMEX’s research into the size of Satoshi’s Bitcoin stash. Hear about how Tether is stabilized at USD 1 via arbitrage. We also discuss the Proshares Bitcoin ETFs which are due for a decision via the SEC, but are essentially paper Bitcoins based on other paper Bitcoins, and how Nvidia is quitting the crypto game due to GPUs becoming obsolete for mining.
Follow the Bitcoin News Radio Show on Anchor, Spotify, Google Podcasts, Stitcher, Radio Public, Pocket Casts, and Breaker. We broadcast a new episode every day, covering the most important topics in the crypto, Bitcoin, and blockchain world!
Read https://bitcoinnews.com/bitcoin-news-radio-show-21st-august-2018/
Video https://www.youtube.com/watch?v=FCAu8ZPF3mY
Thai Central Bank to Test Digital Currency
The Bank of Thailand (BoT) has announced a landmark project which will see the launch of a Central Bank Digital Currency (CBDC) using R3’s Corda platform.
Read the full article at https://bitcoinnews.com/thai-central-bank-to-test-digital-currency/
The Bank of Thailand (BoT) has announced a landmark project which will see the launch of a Central Bank Digital Currency (CBDC) using R3’s Corda platform.
Read the full article at https://bitcoinnews.com/thai-central-bank-to-test-digital-currency/
GPU Manufacturer Nvidia Abandons Crypto Mining
Nvidia has decided to exit the crypto mining business due to plummeting crypto mining-related sales. Nvidia is one of the top graphics processing unit (GPU) manufacturers in the world. In 2017, it pulled in USD 9.7 billion of revenue, USD 3.2 billion of profits and had USD 11.2 billion of assets.
Read the full article at https://bitcoinnews.com/gpu-manufacturer-nvidia-abandons-crypto-mining/
Nvidia has decided to exit the crypto mining business due to plummeting crypto mining-related sales. Nvidia is one of the top graphics processing unit (GPU) manufacturers in the world. In 2017, it pulled in USD 9.7 billion of revenue, USD 3.2 billion of profits and had USD 11.2 billion of assets.
Read the full article at https://bitcoinnews.com/gpu-manufacturer-nvidia-abandons-crypto-mining/
BitMEX Research Concludes Satoshi Mined 600,000 to 700,000 Bitcoins
BitMEX Research has conducted an in-depth study to estimate how many Bitcoins Satoshi mined, concluding the total to be BTC 600,000-700,000, currently worth over USD 4.7 billion as of this writing on 22 August 2018.
Read the full article at https://bitcoinnews.com/bitmex-research-concludes-satoshi-mined-600000-to-700000-bitcoins/
BitMEX Research has conducted an in-depth study to estimate how many Bitcoins Satoshi mined, concluding the total to be BTC 600,000-700,000, currently worth over USD 4.7 billion as of this writing on 22 August 2018.
Read the full article at https://bitcoinnews.com/bitmex-research-concludes-satoshi-mined-600000-to-700000-bitcoins/
Exchange Alliance Unites Gemini, Bittrex, bitFlyer USA, Bitstamp
Cryptocurrency exchanges Gemini, Bittrex, Bitstamp and bitFlyer USA have formed an alliance called the Virtual Commodity Association (VCA) working group. The goal of the VCA working group is to be a self-regulatory organization (SRO) that will work together to regulate their cryptocurrency exchanges with a common set of rules, which will help increase global crypto adoption by increasing security, compliance, accountability, and transparency. The VCA working group will have an independent board of directors and executive director.
Read the full article at https://bitcoinnews.com/exchange-alliance-unites-gemini-bittrex-bitflyer-usa-bitstamp/
Cryptocurrency exchanges Gemini, Bittrex, Bitstamp and bitFlyer USA have formed an alliance called the Virtual Commodity Association (VCA) working group. The goal of the VCA working group is to be a self-regulatory organization (SRO) that will work together to regulate their cryptocurrency exchanges with a common set of rules, which will help increase global crypto adoption by increasing security, compliance, accountability, and transparency. The VCA working group will have an independent board of directors and executive director.
Read the full article at https://bitcoinnews.com/exchange-alliance-unites-gemini-bittrex-bitflyer-usa-bitstamp/
Glad you find this useful TikTak! I will be updating this topic with all the news forever
SEC Poised to Decide on Bitcoin Futures ETF
The Securities and Exchange Commission (SEC) of the United States has a deadline of 23 August 2018 to make a decision on two Proshares exchange-traded funds (ETFs) based on Bitcoin futures. One of them is a long position, meaning traders make money on the price of Bitcoin futures going up, and the other is a short position meaning traders make money on the price of Bitcoin futures going down.
Read the full article at https://bitcoinnews.com/sec-poised-to-decide-on-bitcoin-futures-etf/
SEC Poised to Decide on Bitcoin Futures ETF
The Securities and Exchange Commission (SEC) of the United States has a deadline of 23 August 2018 to make a decision on two Proshares exchange-traded funds (ETFs) based on Bitcoin futures. One of them is a long position, meaning traders make money on the price of Bitcoin futures going up, and the other is a short position meaning traders make money on the price of Bitcoin futures going down.
Read the full article at https://bitcoinnews.com/sec-poised-to-decide-on-bitcoin-futures-etf/
Very useful topic, I read it for a long time, thanks to the author for such a narrow news feed about bitcoin. You do not have to search the Internet for news, bypassing many sites.
China, CoinMarketCap Show Stark Difference in Crypto Rankings
China’s crypto rankings are drastically different than the ranks on CoinMarketCap, which is the mainstream way to rank cryptocurrencies. China’s Center for Information Industry Development (CCID) publishes a list of cryptocurrency rankings every month, with its fourth edition just released.
Read the full article at https://bitcoinnews.com/china-coinmarketcap-show-stark-difference-in-crypto-rankings/
China’s crypto rankings are drastically different than the ranks on CoinMarketCap, which is the mainstream way to rank cryptocurrencies. China’s Center for Information Industry Development (CCID) publishes a list of cryptocurrency rankings every month, with its fourth edition just released.
Read the full article at https://bitcoinnews.com/china-coinmarketcap-show-stark-difference-in-crypto-rankings/
Coinbase Trading Volume Drops Sharply Versus Offshore Crypto Exchanges
Coinbase, the largest Bitcoin and cryptocurrency exchange headquartered in the United States, has seen a steeply declining trading volume during 2018, amid what many consider to be a bear market.
Coinbase’s trading volume has declined 83% during 2018, compared to 73% for Bitstamp, another major USD exchange. However, overseas exchanges like OKEx and Binance that have more relaxed regulations have actually seen steady or rising volume during 2018.
Read the full article at https://bitcoinnews.com/coinbase-trading-volume-drops-sharply-versus-offshore-crypto-exchanges/
Coinbase, the largest Bitcoin and cryptocurrency exchange headquartered in the United States, has seen a steeply declining trading volume during 2018, amid what many consider to be a bear market.
Coinbase’s trading volume has declined 83% during 2018, compared to 73% for Bitstamp, another major USD exchange. However, overseas exchanges like OKEx and Binance that have more relaxed regulations have actually seen steady or rising volume during 2018.
Read the full article at https://bitcoinnews.com/coinbase-trading-volume-drops-sharply-versus-offshore-crypto-exchanges/
Rise of Crypto Mining Supersites Will Make Personal Mining Obsolete
Cryptocurrency mining manufacturer Bitmain has made USD 2.5 billion of profits in the past year, received billions of USD of investment and is about to conduct an initial public offering (IPO) that will bring in USD 18 billion. With this money, Bitmain has been creating mining supersites, mining farms on a scale never seen before. Other major cryptocurrency mining firms, like Coinmint, are also building similar sites. These are expected to make personal mining obsolete in the next year or two.
Read the full article at https://bitcoinnews.com/rise-of-crypto-mining-supersites-will-make-personal-mining-obsolete/
Cryptocurrency mining manufacturer Bitmain has made USD 2.5 billion of profits in the past year, received billions of USD of investment and is about to conduct an initial public offering (IPO) that will bring in USD 18 billion. With this money, Bitmain has been creating mining supersites, mining farms on a scale never seen before. Other major cryptocurrency mining firms, like Coinmint, are also building similar sites. These are expected to make personal mining obsolete in the next year or two.
Read the full article at https://bitcoinnews.com/rise-of-crypto-mining-supersites-will-make-personal-mining-obsolete/
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