Farmers Worldwide Are Now Seeing Blockchain’s Real Advantages
Farmers are beginning to see the potential of new technology, including blockchain, as a solution to supply chain problems in the industry.
Although farmers are sometimes skeptical towards tech solutions coming from an industry steeped in traditional methods, more of them are taking the plunge given the obvious advantages of blockchain’s supply chain clarity and accountability.
Read the full article at https://bitcoinnews.com/farmers-worldwide-are-now-seeing-blockchains-real-advantages/
Topic: BitcoinNews: #1 In Blockchain News - page 2. (Read 4502 times)
The Rise Of Centralized Cryptocurrencies
The Gemini Dollar (USDG) is a new stable coin pegged at parity to the USD. It has been launched by the Gemini Exchange headquartered in the United States. Crypto coding expert Alex Lebed found that the USDG is completely centralized. Meaning, Gemini can freeze accounts, freeze the entire USDG coin supply, and print infinite USDG. But this is not just an isolated case as centralized cryptocurrencies like the USDG are becoming more common these days.
Read the full article at https://bitcoinnews.com/the-rise-of-centralized-cryptocurrencies/
The Gemini Dollar (USDG) is a new stable coin pegged at parity to the USD. It has been launched by the Gemini Exchange headquartered in the United States. Crypto coding expert Alex Lebed found that the USDG is completely centralized. Meaning, Gemini can freeze accounts, freeze the entire USDG coin supply, and print infinite USDG. But this is not just an isolated case as centralized cryptocurrencies like the USDG are becoming more common these days.
Read the full article at https://bitcoinnews.com/the-rise-of-centralized-cryptocurrencies/
The Blockchain Solution Asia 2018 (BSA2018) is set to provide the answers for organizations to better understand the impact of Blockchain Revolution and its technological advances on their business models and operating processes in order for them to adapt themselves to this new world technology-led order.
Coinbase Goes on Wall Street Hiring Spree as Part of Global Expansion
Coinbase has cut the ribbon for its new New York office with plans to expand the staff profile to 150 employees over the next 12 months.
Read the full article at https://bitcoinnews.com/coinbase-goes-on-wall-street-hiring-spree-as-part-of-global-expansion/
Coinbase has cut the ribbon for its new New York office with plans to expand the staff profile to 150 employees over the next 12 months.
Read the full article at https://bitcoinnews.com/coinbase-goes-on-wall-street-hiring-spree-as-part-of-global-expansion/
Bitcoin Annual Returns Show Long-Term Profitability
A simple calculation of Bitcoin annual return, which is the percentage difference in price from the beginning of the year to the end of the year, shows that the cryptocurrency has been extremely profitable practically every single year since it was launched. This blows away the profit percentages for other asset classes like stocks and precious metals. The Director of Research at Pension Partners and Manager of the ATAC Rotation Fund, Charlie Bilello, posted a chart of Bitcoin annual returns on Twitter.
Read the full article at https://bitcoinnews.com/bitcoin-annual-returns-show-long-term-profitability/
A simple calculation of Bitcoin annual return, which is the percentage difference in price from the beginning of the year to the end of the year, shows that the cryptocurrency has been extremely profitable practically every single year since it was launched. This blows away the profit percentages for other asset classes like stocks and precious metals. The Director of Research at Pension Partners and Manager of the ATAC Rotation Fund, Charlie Bilello, posted a chart of Bitcoin annual returns on Twitter.
Read the full article at https://bitcoinnews.com/bitcoin-annual-returns-show-long-term-profitability/
Williams Percentage Range Indicates Bitcoin Is Oversold
According to Bloomberg, the Williams Percentage Range for Bitcoin is sitting at -83%, indicating that the popular cryptocurrency market is oversold. This suggests that a corrective rally may soon occur to bring Bitcoin back up to its equilibrium.
Read the full article at https://bitcoinnews.com/williams-percentage-range-indicates-bitcoin-is-oversold/
According to Bloomberg, the Williams Percentage Range for Bitcoin is sitting at -83%, indicating that the popular cryptocurrency market is oversold. This suggests that a corrective rally may soon occur to bring Bitcoin back up to its equilibrium.
Read the full article at https://bitcoinnews.com/williams-percentage-range-indicates-bitcoin-is-oversold/
Bitcoin Whale Watch: USD 380 Million Leaves #1 Bitcoin Wallet In Only 4 Days
Bitcoin whale watch is in full effect since 58,550 bitcoins worth approximately USD 380 million left the biggest Bitcoin wallet in only 4 days. The wallet in question is the Bitfinex cold storage wallet, and based on the blockchain records, this sort of outflow in such a brief amount of time is highly unusual. Remarkably, despite the huge amount of Bitcoin sent out of the wallet, it is still the #1 Bitcoin wallet with 170,500 Bitcoins worth approximately USD 1.11 billion.
Read the full article at https://bitcoinnews.com/bitcoin-whale-watch-usd-380-million-leaves-1-bitcoin-wallet-in-only-4-days/
Bitcoin whale watch is in full effect since 58,550 bitcoins worth approximately USD 380 million left the biggest Bitcoin wallet in only 4 days. The wallet in question is the Bitfinex cold storage wallet, and based on the blockchain records, this sort of outflow in such a brief amount of time is highly unusual. Remarkably, despite the huge amount of Bitcoin sent out of the wallet, it is still the #1 Bitcoin wallet with 170,500 Bitcoins worth approximately USD 1.11 billion.
Read the full article at https://bitcoinnews.com/bitcoin-whale-watch-usd-380-million-leaves-1-bitcoin-wallet-in-only-4-days/
TV Entertainment Increasingly Featuring Crypto, But Is It Still the Elephant in the Room?
Another TV staple has added some extra exposure to cryptocurrency with Britain’s longest running soap featuring its own fictional version.
The programme, Coronation Street, is one of the world’s oldest TV dramas, first appearing on British TV in 1960, with a run of 9,500 episodes since its creation. The show is watched nightly by over 8 million viewers in the UK and many more around Europe.
Read the full article at https://bitcoinnews.com/tv-drama-features-crypto-still-the-elephant-in-the-room/
Another TV staple has added some extra exposure to cryptocurrency with Britain’s longest running soap featuring its own fictional version.
The programme, Coronation Street, is one of the world’s oldest TV dramas, first appearing on British TV in 1960, with a run of 9,500 episodes since its creation. The show is watched nightly by over 8 million viewers in the UK and many more around Europe.
Read the full article at https://bitcoinnews.com/tv-drama-features-crypto-still-the-elephant-in-the-room/
South Korea Looks to Blockchain With Samsung Tech to Improve Customs Service
Electronics giant Samsung is to develop a blockchain powered platform for use by the Korean Customs Services.
Read the full article at https://bitcoinnews.com/south-korea-looks-to-blockchain-with-samsung-tech-to-improve-customs-service/
Electronics giant Samsung is to develop a blockchain powered platform for use by the Korean Customs Services.
Read the full article at https://bitcoinnews.com/south-korea-looks-to-blockchain-with-samsung-tech-to-improve-customs-service/
Robinhood Maintains Zero Fees by Selling Customer’s Orders to High-Frequency Trading Firms
Robinhood is a popular stock trading app that has expanded into crypto, and one of their biggest selling points is that they offer customers zero-fee trading. This business model has been somewhat of a mystery, especially in the areas of sustainability. However, a filing with the Securities and Exchange Commission (SEC) of the United States for Q2 of 2018 reveals that Robinhood is selling their customers’ orders to high-frequency trading firms. This is a practice known as payment for order flow or equity order flow, and could easily be generating Robinhood tens or hundreds of millions of USD.
Read the full article at https://bitcoinnews.com/robinhood-maintains-zero-fees-by-selling-customers-orders-to-high-frequency-trading-firms/
Robinhood is a popular stock trading app that has expanded into crypto, and one of their biggest selling points is that they offer customers zero-fee trading. This business model has been somewhat of a mystery, especially in the areas of sustainability. However, a filing with the Securities and Exchange Commission (SEC) of the United States for Q2 of 2018 reveals that Robinhood is selling their customers’ orders to high-frequency trading firms. This is a practice known as payment for order flow or equity order flow, and could easily be generating Robinhood tens or hundreds of millions of USD.
Read the full article at https://bitcoinnews.com/robinhood-maintains-zero-fees-by-selling-customers-orders-to-high-frequency-trading-firms/
Tim Draper Makes Most Bullish Bitcoin and Crypto Forecast in History, Calls for USD 80 Trillion Crypto Market Cap
Crypto enthusiast and venture capitalist Tim Draper, who made headlines across the crypto world when he purchased the Silk Road bitcoins from the US Marshals has made the most bullish crypto and Bitcoin forecasts in history. He is calling for the crypto market cap to hit USD 80 trillion within 15 years, which implies a price per Bitcoin of USD 2 million or more.
Read the full article at https://bitcoinnews.com/tim-draper-makes-most-bullish-bitcoin-and-crypto-forecast-history-calls-usd-80-trillion-crypto-market-cap/
Crypto enthusiast and venture capitalist Tim Draper, who made headlines across the crypto world when he purchased the Silk Road bitcoins from the US Marshals has made the most bullish crypto and Bitcoin forecasts in history. He is calling for the crypto market cap to hit USD 80 trillion within 15 years, which implies a price per Bitcoin of USD 2 million or more.
Read the full article at https://bitcoinnews.com/tim-draper-makes-most-bullish-bitcoin-and-crypto-forecast-history-calls-usd-80-trillion-crypto-market-cap/
Reserve Bank of India Says Bitcoin Is Not A Currency, Couldn’t Be More Wrong
The Reserve Bank of India (RBI) has declared that Bitcoin is not a currency in an affidavit to the Indian Supreme Court, during an ongoing legal battle regarding the ban on banks from facilitating any crypto-related activity in India. The Reserve Bank of India is completely wrong.
Read the full article at https://bitcoinnews.com/reserve-bank-of-india-says-bitcoin-is-not-a-currency-couldnt-be-more-wrong/
The Reserve Bank of India (RBI) has declared that Bitcoin is not a currency in an affidavit to the Indian Supreme Court, during an ongoing legal battle regarding the ban on banks from facilitating any crypto-related activity in India. The Reserve Bank of India is completely wrong.
Read the full article at https://bitcoinnews.com/reserve-bank-of-india-says-bitcoin-is-not-a-currency-couldnt-be-more-wrong/
Cloud Mining Firm Argo London Stock Exchange’s First Crypto Listing
Earlier this week, cloud-based cryptocurrency mining firm Argo was announced as the first of its kind to be listed on the London Stock Exchange. This is a significant step in the acceptance of cryptocurrency by the mainstream financial sector.
Read full article at https://bitcoinnews.com/cloud-mining-firm-argo-london-stock-exchanges-first-crypto-listing/
Earlier this week, cloud-based cryptocurrency mining firm Argo was announced as the first of its kind to be listed on the London Stock Exchange. This is a significant step in the acceptance of cryptocurrency by the mainstream financial sector.
Read full article at https://bitcoinnews.com/cloud-mining-firm-argo-london-stock-exchanges-first-crypto-listing/
BitGo Becomes Officially Qualified Crypto Custodian in United States
BitGo has received approval from the South Dakota Division of Banking to be a public South Dakota Trust Company. This makes it an officially licensed crypto custodian in South Dakota, and the rest of the United States, because other states generally practice reciprocity when it comes to this sort of license.
Read the full article at https://bitcoinnews.com/bitgo-becomes-officially-qualified-crypto-custodian-in-united-states/
BitGo has received approval from the South Dakota Division of Banking to be a public South Dakota Trust Company. This makes it an officially licensed crypto custodian in South Dakota, and the rest of the United States, because other states generally practice reciprocity when it comes to this sort of license.
Read the full article at https://bitcoinnews.com/bitgo-becomes-officially-qualified-crypto-custodian-in-united-states/
Digital Currency Ecosystem in Africa Grows, But More Connectivity Needed
A new report by the International Telecommunications Union (ITU) has outlined that Africa will need to invest more in internet connectivity in order to maintain the continent’s current pace of cryptocurrency adoption.
Read the full article at https://bitcoinnews.com/digital-currency-ecosystem-in-africa-grows-but-more-connectivity-needed/
A new report by the International Telecommunications Union (ITU) has outlined that Africa will need to invest more in internet connectivity in order to maintain the continent’s current pace of cryptocurrency adoption.
Read the full article at https://bitcoinnews.com/digital-currency-ecosystem-in-africa-grows-but-more-connectivity-needed/
Russian Lobbyists Push Alternative Crypto Regulation Bill
A lobby group in Russia is actively working to push an alternative cryptocurrency legislation bill, which they say addresses the contradictions set in the government’s drafted ‘On Digital Financial Assets’ bill.
Read the full article at https://bitcoinnews.com/russian-lobbyists-push-alternative-crypto-regulation-bill/
A lobby group in Russia is actively working to push an alternative cryptocurrency legislation bill, which they say addresses the contradictions set in the government’s drafted ‘On Digital Financial Assets’ bill.
Read the full article at https://bitcoinnews.com/russian-lobbyists-push-alternative-crypto-regulation-bill/
Poll Reveals Millennial’s Rush to Crypto Still Male Dominated
The latest cryptocurrency poll has indicated that millennial women are still lagging behind in adoption of cryptocurrency.
A new survey conducted in the US with 3000 millennials, was published on September 12, 2018, by crypto finance company Circle. It revealed that currently, men invest in cryptocurrency at twice the rate of women within the millennial age bracket.
Read the full article at https://bitcoinnews.com/poll-reveals-millennials-rush-to-crypto-still-male-dominated/
The latest cryptocurrency poll has indicated that millennial women are still lagging behind in adoption of cryptocurrency.
A new survey conducted in the US with 3000 millennials, was published on September 12, 2018, by crypto finance company Circle. It revealed that currently, men invest in cryptocurrency at twice the rate of women within the millennial age bracket.
Read the full article at https://bitcoinnews.com/poll-reveals-millennials-rush-to-crypto-still-male-dominated/
New Australian PM Wants to Use Blockchain to Take On Big Banks
The Prime Minister of Australia Scott Morrison plans to utilize blockchain technology to bring ‘much tougher competition’ to the country’s big banks and dominant industries.
Read the full article at https://bitcoinnews.com/new-australian-pm-wants-to-use-blockchain-to-take-on-big-banks/
The Prime Minister of Australia Scott Morrison plans to utilize blockchain technology to bring ‘much tougher competition’ to the country’s big banks and dominant industries.
Read the full article at https://bitcoinnews.com/new-australian-pm-wants-to-use-blockchain-to-take-on-big-banks/
Zimbabwe Official Urges Failing Insurance Companies to Adopt Blockchain
A senior official at the Insurance and Pensions Commission (IPEC) in Zimbabwe has told local insurance companies that blockchain solutions should be employed as an answer to the industry’s problems.
Read the full article at https://bitcoinnews.com/zimbabwe-official-urges-failing-insurance-companies-to-adopt-blockchain/
A senior official at the Insurance and Pensions Commission (IPEC) in Zimbabwe has told local insurance companies that blockchain solutions should be employed as an answer to the industry’s problems.
Read the full article at https://bitcoinnews.com/zimbabwe-official-urges-failing-insurance-companies-to-adopt-blockchain/
North America: Crypto and Blockchain News Roundup, 7th to 13th September 2018
North America
Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country.
Read the full article at https://bitcoinnews.com/north-america-crypto-and-blockchain-news-roundup-7th-to-13th-september-2018/
North America
Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country.
Read the full article at https://bitcoinnews.com/north-america-crypto-and-blockchain-news-roundup-7th-to-13th-september-2018/
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