Spencer Bogart: Bitcoin Waiting for Trigger to Hit New Highs
Cryptocurrency hedge fund manager Spencer Bogart has weighed in on Bitcoin price speculation, saying he is waiting for any positive trigger to push the price of Bitcoin up.Featuring on CNBC’s Fast Money, Bogart shared that he has been encouraged by Bitcoin’s recent upward trend, believing that this will continue. He added that he thinks the pullback momentum has passed and he is now waiting for any catalyst to send it to new price highs. Bogart cited several possibilities for this including the current global currency and trade wars.
Read the full article at https://bitcoinnews.com/spencer-bogart-bitcoin-waiting-for-trigger-to-hit-new-highs/
Video https://www.youtube.com/watch?v=8kwDCLJZU74
Topic: BitcoinNews: #1 In Blockchain News - page 28. (Read 4531 times)
IBM, Barclays, Citi Create Blockchain App Store for Financial Services
American technology corporation IBM has teamed with banking giants including Barclays and Citi to create an app store style platform for financial blockchain services.
Read the full article at https://bitcoinnews.com/ibm-barclays-citi-create-blockchain-app-store-for-financial-services/
Video https://www.youtube.com/watch?v=DIIGs2715dE
American technology corporation IBM has teamed with banking giants including Barclays and Citi to create an app store style platform for financial blockchain services.
Read the full article at https://bitcoinnews.com/ibm-barclays-citi-create-blockchain-app-store-for-financial-services/
Video https://www.youtube.com/watch?v=DIIGs2715dE
Crypto Hedge Funds’ Rapid Growth Proof of Booming Crypto Industry
A study by crypto analytics firm Autonomous Next has found that the number of crypto hedge funds has been rapidly growing since 2016, showing that crypto investment is a booming industry. All together, crypto hedge funds manage USD 7.5 – 10 billion of assets. This represents the start of what could be a massive wave of institutional investment into the crypto space.
Read the full article at https://bitcoinnews.com/crypto-hedge-funds-rapid-growth-proof-of-booming-crypto-industry/
Video https://www.youtube.com/watch?v=Pzu-7_lmejM
A study by crypto analytics firm Autonomous Next has found that the number of crypto hedge funds has been rapidly growing since 2016, showing that crypto investment is a booming industry. All together, crypto hedge funds manage USD 7.5 – 10 billion of assets. This represents the start of what could be a massive wave of institutional investment into the crypto space.
Read the full article at https://bitcoinnews.com/crypto-hedge-funds-rapid-growth-proof-of-booming-crypto-industry/
Video https://www.youtube.com/watch?v=Pzu-7_lmejM
South Korean Exchanges Could Lose SME Tax Relief
In South Korea, special taxation laws for small and medium-sized enterprises (SMEs) may no longer apply to cryptocurrency exchanges.
Previously, the Restriction of Special Taxation Act included tax reductions or exemptions for SMEs or venture businesses in the range of 50% to 100% of either income tax or corporate tax in the first five years. Afterwards, this range would be reduced to a range between 5% and 30%.
Read the full article at https://bitcoinnews.com/south-korean-exchanges-could-lose-sme-tax-relief/
Video https://www.youtube.com/watch?v=PxIP_TQ6ByQ
In South Korea, special taxation laws for small and medium-sized enterprises (SMEs) may no longer apply to cryptocurrency exchanges.
Previously, the Restriction of Special Taxation Act included tax reductions or exemptions for SMEs or venture businesses in the range of 50% to 100% of either income tax or corporate tax in the first five years. Afterwards, this range would be reduced to a range between 5% and 30%.
Read the full article at https://bitcoinnews.com/south-korean-exchanges-could-lose-sme-tax-relief/
Video https://www.youtube.com/watch?v=PxIP_TQ6ByQ
Mount Sinai Launches Research Center to Explore Blockchain Use Cases in Medicine
Mount Sinai Hospital’s New York-based medical school has established a blockchain research center to explore its medical use case applications.
The Center for Biomedical Blockchain Research is set to be part of the hospital’s Institute for Next Generation Healthcare. The institute currently hosts 50 specialist researchers studying progressive healthcare solutions, including the application of robotics, artificial intelligence, wearable medical devices, sensors, and genomic sequencing.
Read the full article at https://bitcoinnews.com/mount-sinai-launches-research-center-to-explore-blockchain-use-cases-in-medicine/
Video https://www.youtube.com/watch?v=WJU-XARHmss
Mount Sinai Hospital’s New York-based medical school has established a blockchain research center to explore its medical use case applications.
The Center for Biomedical Blockchain Research is set to be part of the hospital’s Institute for Next Generation Healthcare. The institute currently hosts 50 specialist researchers studying progressive healthcare solutions, including the application of robotics, artificial intelligence, wearable medical devices, sensors, and genomic sequencing.
Read the full article at https://bitcoinnews.com/mount-sinai-launches-research-center-to-explore-blockchain-use-cases-in-medicine/
Video https://www.youtube.com/watch?v=WJU-XARHmss
Geographical Minnows in the Hunt for New Crypto Business
Many small countries with flexible regulatory guidelines towards cryptocurrencies and friendly banking rules are pulling some companies away from some of the more established “havens” such as Switzerland.
Read the full article at https://bitcoinnews.com/geographical-minnows-in-the-hunt-for-new-crypto-business/
Video https://www.youtube.com/watch?v=QD0qbL_83H0
Many small countries with flexible regulatory guidelines towards cryptocurrencies and friendly banking rules are pulling some companies away from some of the more established “havens” such as Switzerland.
Read the full article at https://bitcoinnews.com/geographical-minnows-in-the-hunt-for-new-crypto-business/
Video https://www.youtube.com/watch?v=QD0qbL_83H0
Sun Exchange Plans to Provide Africa’s Poor with Crypto-Funded Energy
Sun Exchange, the global micro-leasing marketplace, is announcing a new partnership with Powerhive which aims to use the crypto economy to offer decentralized solar power to poorer nations.
Read the full article at https://bitcoinnews.com/sun-exchange-plans-to-provide-africas-poor-with-crypto-funded-energy/
Video https://www.youtube.com/watch?v=dkCXds9ebMI
Sun Exchange, the global micro-leasing marketplace, is announcing a new partnership with Powerhive which aims to use the crypto economy to offer decentralized solar power to poorer nations.
Read the full article at https://bitcoinnews.com/sun-exchange-plans-to-provide-africas-poor-with-crypto-funded-energy/
Video https://www.youtube.com/watch?v=dkCXds9ebMI
Gibraltar Pro Football Team Paid in Crypto as “The Rock” Pushes Fintech Forward
Gibraltar is living up to its growing reputation as a European driving force in cryptocurrency adoption as a premier league football team shows a willingness to be paid in digital currency.
Gibraltar United’s owner Pablo Dana, who is an investor in the digital currency Quantacoin, hopes that the move will encourage foreign players who will easily be able to set up banking in Gibraltar, and suggests that it could also go some way to stamping out corruption in the game.
Read the full article at https://bitcoinnews.com/gibraltar-pro-football-team-paid-in-crypto-as-the-rock-pushes-fintech-forward/
Video https://www.youtube.com/watch?v=xRx2qricCO4
Gibraltar is living up to its growing reputation as a European driving force in cryptocurrency adoption as a premier league football team shows a willingness to be paid in digital currency.
Gibraltar United’s owner Pablo Dana, who is an investor in the digital currency Quantacoin, hopes that the move will encourage foreign players who will easily be able to set up banking in Gibraltar, and suggests that it could also go some way to stamping out corruption in the game.
Read the full article at https://bitcoinnews.com/gibraltar-pro-football-team-paid-in-crypto-as-the-rock-pushes-fintech-forward/
Video https://www.youtube.com/watch?v=xRx2qricCO4
Liquid Immersion Latest Cooling Technique to Reduce Mining Energy Consumption
TMGcore has developed 2-phase liquid immersion cooling to cool cryptocurrency mining equipment, finding that it reduces the cost of cooling cryptocurrency mining equipment by 90% versus air cooling. This drastically reduces overall cryptocurrency mining energy consumption and, therefore, makes mining more profitable.
Read the full article at https://bitcoinnews.com/liquid-immersion-latest-cooling-technique-to-reduce-mining-energy-consumption/
Video https://www.youtube.com/watch?v=gwIKR-5yZOI
TMGcore has developed 2-phase liquid immersion cooling to cool cryptocurrency mining equipment, finding that it reduces the cost of cooling cryptocurrency mining equipment by 90% versus air cooling. This drastically reduces overall cryptocurrency mining energy consumption and, therefore, makes mining more profitable.
Read the full article at https://bitcoinnews.com/liquid-immersion-latest-cooling-technique-to-reduce-mining-energy-consumption/
Video https://www.youtube.com/watch?v=gwIKR-5yZOI
Australian Startup Designs Blockchain Multitask Chip to Track Animal Welfare
A former Australian Commonwealth Scientific and Industrial Research Organisation (CSIRO) scientist is heading up a new startup which has designed a blockchain backed multi-tasking microchip for tracking animal welfare.
Read the full article at https://bitcoinnews.com/australian-startup-designs-blockchain-multitask-chip-to-track-animal-welfare/
Video https://www.youtube.com/watch?v=aEa0h131OYU
A former Australian Commonwealth Scientific and Industrial Research Organisation (CSIRO) scientist is heading up a new startup which has designed a blockchain backed multi-tasking microchip for tracking animal welfare.
Read the full article at https://bitcoinnews.com/australian-startup-designs-blockchain-multitask-chip-to-track-animal-welfare/
Video https://www.youtube.com/watch?v=aEa0h131OYU
Thai Movie Theater Chain to Take Digital Currency as Government Opens for Crypto Business
Thailand’s largest movie theater chain has given the green light to its clients for paying for their moviegoing with cryptocurrency according to Bitcoin.com.
Major Cineplex has reported that it plans to integrate cryptocurrency into its current payments system in partnership with Swiss payment company Rapidzpay.
Read the full article at https://bitcoinnews.com/thai-movie-theater-chain-to-take-digital-currency-as-government-opens-for-crypto-business/
Video https://www.youtube.com/watch?v=DoT1f2nCig0
Thailand’s largest movie theater chain has given the green light to its clients for paying for their moviegoing with cryptocurrency according to Bitcoin.com.
Major Cineplex has reported that it plans to integrate cryptocurrency into its current payments system in partnership with Swiss payment company Rapidzpay.
Read the full article at https://bitcoinnews.com/thai-movie-theater-chain-to-take-digital-currency-as-government-opens-for-crypto-business/
Video https://www.youtube.com/watch?v=DoT1f2nCig0
Trade War CNY Devaluation Could Be Real Cause of Bitcoin Rally
CEO of ADVFN, Clem Chambers, thinks that devaluation of the Chinese yuan (CNY) due to a growing trade war between the United States and China is the real reason for the July 2018 Bitcoin rally.
Read the full article at https://bitcoinnews.com/trade-war-cny-devaluation-could-be-real-cause-of-bitcoin-rally/
Video https://www.youtube.com/watch?v=vwNgHN92YI0
CEO of ADVFN, Clem Chambers, thinks that devaluation of the Chinese yuan (CNY) due to a growing trade war between the United States and China is the real reason for the July 2018 Bitcoin rally.
Read the full article at https://bitcoinnews.com/trade-war-cny-devaluation-could-be-real-cause-of-bitcoin-rally/
Video https://www.youtube.com/watch?v=vwNgHN92YI0
SEC Commissioner Says Bitcoin ETF Rejection Hurts Investors, Stifles Innovation
There has been a large amount of enthusiasm in recent months across the crypto space that the United States Securities and Exchange Commission (SEC) would approve a Bitcoin exchange traded fund (ETF), which would effectively put Bitcoin on the stock market, and make it easy for institutional investors to buy Bitcoin on all the major stock trading platforms.
Read the full article at https://bitcoinnews.com/sec-commissioner-says-bitcoin-etf-rejection-hurts-investors-stifles-innovation/
Video https://www.youtube.com/watch?v=od5vTbS4-8M
There has been a large amount of enthusiasm in recent months across the crypto space that the United States Securities and Exchange Commission (SEC) would approve a Bitcoin exchange traded fund (ETF), which would effectively put Bitcoin on the stock market, and make it easy for institutional investors to buy Bitcoin on all the major stock trading platforms.
Read the full article at https://bitcoinnews.com/sec-commissioner-says-bitcoin-etf-rejection-hurts-investors-stifles-innovation/
Video https://www.youtube.com/watch?v=od5vTbS4-8M
One of North America’s Largest Crypto Mining Facilities is Underway
A new 85 MW capacity transfer and electrical substation are currently being constructed in Canada by DMG Blockchain Solutions Inc, making its crypto mining installation one of the largest in North America.
Read the full article at https://bitcoinnews.com/one-of-north-americas-largest-crypto-mining-facilities-is-underway/
Video https://www.youtube.com/watch?v=Zcn10wRqyNc
A new 85 MW capacity transfer and electrical substation are currently being constructed in Canada by DMG Blockchain Solutions Inc, making its crypto mining installation one of the largest in North America.
Read the full article at https://bitcoinnews.com/one-of-north-americas-largest-crypto-mining-facilities-is-underway/
Video https://www.youtube.com/watch?v=Zcn10wRqyNc
Huobi Launching Peer To Peer Crypto For Rupee Trading In India
One of the biggest cryptocurrency exchanges in the world, Huobi, is launching peer to peer cryptocurrency for Indian Rupee (INR) trading in India. This provides cryptocurrency traders with a viable solution to buy and sell their crypto with INR, after the Central Bank of India banned all financial institutions from facilitating cryptocurrency related activity. The ban is only for banks, and INR to crypto trading is still legal, as well as crypto to crypto trading.
Read the full article at https://bitcoinnews.com/huobi-launching-peer-to-peer-crypto-for-rupee-trading-in-india/
Video https://www.youtube.com/watch?v=ZWAoiX-WIU4
One of the biggest cryptocurrency exchanges in the world, Huobi, is launching peer to peer cryptocurrency for Indian Rupee (INR) trading in India. This provides cryptocurrency traders with a viable solution to buy and sell their crypto with INR, after the Central Bank of India banned all financial institutions from facilitating cryptocurrency related activity. The ban is only for banks, and INR to crypto trading is still legal, as well as crypto to crypto trading.
Read the full article at https://bitcoinnews.com/huobi-launching-peer-to-peer-crypto-for-rupee-trading-in-india/
Video https://www.youtube.com/watch?v=ZWAoiX-WIU4
Mastercard CEO Calls Cryptocurrencies “Junk” on US Visit
The war of words between the major credit card companies and cryptocurrency users seems to have stepped up another gear over the weekend with the latest slant by a top Mastercard CEO.
During the “New India Lecture” at the Indian Consulate in the US this week, Mastercard’s CEO, Ajay Banga, went on full attack against cryptocurrency calling it “junk”. During his time on stage where he was taking questions from the audience on crypto trade, he went on to say that such an “anonymized” form of currency with such wild fluctuations in the market couldn’t be regarded as a medium of exchange.
Read the full article at https://bitcoinnews.com/mastercard-ceo-calls-cryptocurrencies-junk-on-us-visit/
Video https://www.youtube.com/watch?v=2tZJ_USwcTY
The war of words between the major credit card companies and cryptocurrency users seems to have stepped up another gear over the weekend with the latest slant by a top Mastercard CEO.
During the “New India Lecture” at the Indian Consulate in the US this week, Mastercard’s CEO, Ajay Banga, went on full attack against cryptocurrency calling it “junk”. During his time on stage where he was taking questions from the audience on crypto trade, he went on to say that such an “anonymized” form of currency with such wild fluctuations in the market couldn’t be regarded as a medium of exchange.
Read the full article at https://bitcoinnews.com/mastercard-ceo-calls-cryptocurrencies-junk-on-us-visit/
Video https://www.youtube.com/watch?v=2tZJ_USwcTY
New UK Survey: 3 Million Have Invested in Crypto, Few With Advice
A new study in the UK has revealed up to 3 million people have invested in Bitcoin in the country through online trading platforms.
The research conducted by London investment house IW Capital, and quoted in the British press, also revealed that only 5 percent of those investing had taken any kind of professional advice before taking the plunge. Further, 2.5 million investors made their commitments without fully understanding cryptocurrency.
Read the full article at https://bitcoinnews.com/new-uk-survey-3-million-have-invested-in-crypto-few-with-advice/
Video https://www.youtube.com/watch?v=yVgUpAPC5XE
A new study in the UK has revealed up to 3 million people have invested in Bitcoin in the country through online trading platforms.
The research conducted by London investment house IW Capital, and quoted in the British press, also revealed that only 5 percent of those investing had taken any kind of professional advice before taking the plunge. Further, 2.5 million investors made their commitments without fully understanding cryptocurrency.
Read the full article at https://bitcoinnews.com/new-uk-survey-3-million-have-invested-in-crypto-few-with-advice/
Video https://www.youtube.com/watch?v=yVgUpAPC5XE
Economic Turmoil In Pakistan Could Free Up Cryptocurrency Adoption
Soon to be prime minister, former Pakistan cricketer Imran Khan will be challenged to address the country’s current economic woes, which some have predicted may increase cryptocurrency usage.
An economic crisis is predicted in Pakistan on the eve of a major shift in the political landscape. The Pakistani rupee has depreciated 15 percent against the US dollar in recent months and the country’s net international reserves are now in negative figures. Meanwhile, the demand for dollars for imports exceeds Pakistan’s capacity to earn them through exports.
Read the full article at https://bitcoinnews.com/economic-turmoil-in-pakistan-could-free-up-cryptocurrency-adoption/
Video https://www.youtube.com/watch?v=TCD6RSHB9Zc
Soon to be prime minister, former Pakistan cricketer Imran Khan will be challenged to address the country’s current economic woes, which some have predicted may increase cryptocurrency usage.
An economic crisis is predicted in Pakistan on the eve of a major shift in the political landscape. The Pakistani rupee has depreciated 15 percent against the US dollar in recent months and the country’s net international reserves are now in negative figures. Meanwhile, the demand for dollars for imports exceeds Pakistan’s capacity to earn them through exports.
Read the full article at https://bitcoinnews.com/economic-turmoil-in-pakistan-could-free-up-cryptocurrency-adoption/
Video https://www.youtube.com/watch?v=TCD6RSHB9Zc
NY Firm Want to Change the Face of Crypto Mining with Moroccan Wind Farm
If plans come to fruition Morocco could become the location for one of the biggest blockchain-powering energy operations in the world.
Soluna the computing company that generates its own renewable energy has revealed plans to build a 900-megawatt wind farm south of Marrakesh suggesting that such a move may well significantly push crypto mining towards a far more sustainable era.
Read the full article at https://bitcoinnews.com/ny-firm-want-to-change-the-face-of-crypto-mining-with-moroccan-wind-farm/
Video https://www.youtube.com/watch?v=-E2QarA6wCs
If plans come to fruition Morocco could become the location for one of the biggest blockchain-powering energy operations in the world.
Soluna the computing company that generates its own renewable energy has revealed plans to build a 900-megawatt wind farm south of Marrakesh suggesting that such a move may well significantly push crypto mining towards a far more sustainable era.
Read the full article at https://bitcoinnews.com/ny-firm-want-to-change-the-face-of-crypto-mining-with-moroccan-wind-farm/
Video https://www.youtube.com/watch?v=-E2QarA6wCs
The Mystery of the Sunken Treasure and The Cryptocurrency Exchange
An unusual story has emerged linking a salvaged treasure from a sunken Russian warship with a cryptocurrency exchange, according to Reuters.
The treasure reported being worth $130 billion was claimed to have gone down with Russian Cruiser Dmitrii Donskoi in 1905 off the coast of South Korea whilst engaging Japanese warships in the area.
Read the full article at https://bitcoinnews.com/the-mystery-of-the-sunken-treasure-a-the-crypto-exchange/
Video https://www.youtube.com/watch?v=sAE9iNCBkf0
An unusual story has emerged linking a salvaged treasure from a sunken Russian warship with a cryptocurrency exchange, according to Reuters.
The treasure reported being worth $130 billion was claimed to have gone down with Russian Cruiser Dmitrii Donskoi in 1905 off the coast of South Korea whilst engaging Japanese warships in the area.
Read the full article at https://bitcoinnews.com/the-mystery-of-the-sunken-treasure-a-the-crypto-exchange/
Video https://www.youtube.com/watch?v=sAE9iNCBkf0
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