✷ News ✷ Analytics ✷ Analysis ✷ Forecasts - page 33.

zhengqi

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New South Korean Financial Minister Open for Blockchain

Barely four months after the ban of anonymous cryptocurrency transactions in South Korea, Yon Suk-heun – South Korea’s newly appointed governor of Financial Supervisory Service (FSS) during a press conference- said that he sees the brighter side of cryptocurrency.

You can find more here: https://www.crypto-news.net/south-korean-minister-open-for-blockchain/

SuperBazooka

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How Bitfinex’s Tax Requirement May Have Contributed to the Bitcoin Price Correction
Australia bitcoin tax
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On May 17, one of the world’s largest cryptocurrency and bitcoin exchange Bitfinex officially asked its users to submit tax IDs and social security numbers that could be utilized by government agencies in the countries its users are based into tax gains recorded in the cryptocurrency market.

“We request that you complete the appropriate self-certification form and upload it to your Bitfinex account by May 24, 2018, at the latest. If you are a US person or an entity with at least one 25 percent owner who is a US person, please complete the appropriate FATCA form. You are required to provide us with such information,” said Bitfinex.

https://www.ccn.com/how-bitfinexs-tax-requirement-may-have-contributed-to-the-bitcoin-price-correction/

zhengqi

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Legacy Financial Firms Continue Their Move Into Cryptocurrencies Shocked

Earlier this month Goldman Sachs announced that it would begin Bitcoin trading, thus adding one more name to the ever growing list of traditional financial institutions that are becoming involved in cryptocurrencies. A recent survey by CNBC has revealed that twenty percent of financial firms plan to begin trading crypto over the next few months. Given that it is obvious to all but the most obstinate critics that crypto has legitimate value, these moves into the crypto space are not surprising. It is now reasonable to assume that cryptocurrencies will be a standard part of mainstream investment portfolios in the near future.

You can find more here: https://www.crypto-news.net/legacy-financial-firms-continue-their-move-into-cryptocurrencies/

cxboyminer

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Zcash Leaves Crypto Market Behind with 50 Percent Weekly Spike

The cryptocurrency markets are flashing red as the third week of May comes to close.

The total market capitalization of cryptocurrencies has dropped by 14.48 percent to $366 billion in the last 7 days, taking the month-to-date losses close to 30 percent, according to CoinMarketcap.

read moer: https://www.coindesk.com/zcash-leaves-crypto-market-behind-with-50-percent-weekly-spike/

cxboyminer

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Is Coinbase Applying for a Banking License?

Coinbase and Ivy Koin LLC have recently met with U.S. officials at the U.S. Office of the Comptroller of the Currency (OCC) about obtaining a banking license

read more: https://medium.com/@altcoinbuzz/is-coinbase-applying-for-a-banking-license-9fbdaa201473

SuperBazooka

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Former JPMorgan blockchain lead Amber Baldet unveiled her new startup project, Clovyr, at the Consensus conference in New York on Monday.

Baldet left her position at JPMorgan in April to work on Clovyr. She led JPMorgan Blockchain Center of Excellence and helped the firm succeed with open-source initiatives, such as Quorum. In a strange juxtaposition, her successful tenure at JPMorgan coincided with CEO Jamie Dimon’s bitcoin bashing.

Clovyr is composed of a suite of tools for blockchain applications and services for development teams to deploy products to the cloud or on-site production environments.
https://www.ccn.com/from-jpmorgan-to-blockchain-startup-amber-baldet-unveils-her-latest-project/

cxboyminer

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LAToken Markets the Elysian TGE Campaign

The innovative hybrid blockchain and Ecommerce platform Elysian is now being marketed on the LAToken platform. LAToken will be effectively marketing the Elysian project through various techniques, including a press release and articles, to increase awareness to one of the more anticipated blockchain projects this year.

Read more: https://medium.com/@Elysian_Ely/latoken-markets-the-elysian-token-generation-event-campaign-c2f167b832c8

SuperBazooka

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Nokia, a Finland-based multinational communications and information technology provider, has announced a project to give people in remote rural areas a chance to have mobile connectivity and enjoy the benefits of the digital economy, according to a a post on the company’s blog.

New tools that reduce the cost of network deployment and maintenance will bring access to these areas, and Nokia community hosted networks will collect Internet of Things (IoT) data and allow customers to monetize it, either individually or through IoT Data Community Projects.

Nokia is among the companies working with a Swiss cryptocurrency startup called Streamr that tokenizes data collected by internet-connected devices. Nokia’s community hosted networks will gather IoT generated data and integrate the data with the Streamr Data Marketplace.
https://www.ccn.com/nokia-community-hosted-networks-to-bring-revenue-opportunities-to-remote-areas/

cxboyminer

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Why should we use Cashberycoin — cryptocurrency advantages

Decentralization
Cashbery is a decentralized currency. Firstly, that based on the method of the initial distribution by regulated and transparent selling of coins for the future network participants who are interested in Decentralization is the fundament of any true cryptocurrency. Unfortunately, cryptocurrencies with the big capitalization and distribution are not decentralized enough because of the consensus algorithm using…..

Read more: https://medium.com/@cashberycoin/why-should-we-use-cashberycoin-cryptocurrency-advantages-ac0f679a30c7

cxboyminer

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How To Buy Altcoins Quickly & Safely In 2018

More people are buying Bitcoin than ever before, which often leads people to ask the question: Is it too late?
When Bitcoin hit its high of $19,000 recently, it dropped back down as low as $11,000 shortly after. So no, it is never too late. There will always be buying opportunities for the king Bitcoin.
Read more: https://medium.com/cryptosis/how-to-buy-altcoins-6cebe918c55f

cxboyminer

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PayPal Will 'Certainly Support' Crypto Once it Stabilizes

PayPal CFO John Rainey told CNBC that they don’t see much interest in cryptocurrencies due to volatility threatening the viability of their merchants’ businesses. However, he did not rule out that the payment giant will support crypto in the future.

Read more: https://cryptonews.com/news/paypal-will-certainly-support-crypto-once-it-stabilizes-1803.htm

cxboyminer

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Coincheck Owner Sets Sights on US Expansion

Monex Group, the new owner of Japanese exchange platform Coincheck, says it hopes to attain an operating license from the regulatory Financial Services Agency (FSA) “next month” – and plans to expand its operations to the United States.

Read more: https://cryptonews.com/news/coincheck-owner-sets-sights-on-us-expansion-1811.htm

MozAI2

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Steem Blockchain Hits 1 Million Accounts

Steem, a blockchain rewards platform that allows content publishers to monetize their work, announced today that the project has reached one million registered accounts. An update from the official Steemit blog confirms the one millionth registration on the blockchain, and shows even more impressive stats on transactions, user activity, and unique visitors.

Steem is exploding in popularity. Not only is the steemit.com blogging and social media platform drawing large numbers of visitors, but also other DApps (decentralized applications) that use the Steem blockchain, such as dtube, busy, and dlive.

https://www.ccn.com/major-milestone-steem-blockchain-hits-1-million-accounts/

cxboyminer

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Crypto brokers in Europe want more regulations to increase transparency.

Cryptocurrency brokers based in the EU are demanding more transparency at the hands of industry regulators. It has become clear that digital currency brokers would much rather face clear-cut rules and increased transparency in the market as opposed to dealing with the stigma that surrounds the industry.

Read more: https://medium.com/@ellulschranz/crypto-brokers-in-europe-want-more-regulations-to-increase-transparency-7e1d4ee867ac

cxboyminer

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The End of the Crypto Winter

According to experts, this year’s Crypto winter is coming to an end. After an epic rise from $162 up to $19,886 in just over two years, the price of Bitcoin fell by nearly 70% between December 17, 2017 and February 6, 2018, to under $6,000. Alternative cryptocurrencies (altcoins) came under tremendous pressure too, and some of them lost 80–90% of their recently achieved all-time highs. Meanwhile, at least Bitcoin was able to recover some of those losses and temporarily reached $11,300 again.

Read more: https://medium.com/@baanx/the-end-of-the-crypto-winter-304a1c21db9d

SuperBazooka

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The bitcoin price sank below $8,000 on Thursday for the for the first time since mid-April, further erasing the progress that the flagship cryptocurrency had made over the previous month.

Bitcoin had traded near $8,300 for the majority of the day, but this support level began to falter heading into the early evening.

At approximately 20:42 ET, the bitcoin price dipped below the $8,000 mark on Bitfinex, ultimately extending as far down as $7,925 at 20:55. Bitcoin then made a brief recovery above $8,000, but the bears ultimately forced it back into sub-$8,000 territory shortly before 22:00 ET. Currently, bitcoin is valued at $7,991 on the exchange, representing a 24-hour decline of more than 4.5 percent.
https://www.ccn.com/newsflash-bitcoin-price-drops-below-8000/

SuperBazooka

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Wall Street veteran ::)Steve Eisman rose to fame by shorting the sub-prime mortgage market ahead of last decade’s financial crisis. Now, he’s similarly-bearish on a new asset class: cryptocurrency.

Eisman, whose career is chronicled in The Big Short, told CNBC that he has yet to meet anyone who can persuasively argue that cryptocurrencies have social utility.

He said:

“I’m not an expert on cryptocurrency, but I have my doubts about it. My doubts center on the fact that, ‘What’s the social utility of cryptocurrency?’ I’m not talking about blockchain. The technology, I think, has real value. But currency markets are the most liquid, most efficient markets, probably of any markets that exist.”
https://www.ccn.com/bitcoin-only-used-for-money-laundering-and-speculation-big-short-investor/

cxboyminer

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ThinkCoin at Next Block, Kiev

ThinkCoin team is spread out in different parts of the world today to attend events and investor meetings. It’s been a hectic week with lots of exciting things happening. Today some of us have landed in Kiev, Ukraine to attend the Next Block Conference taking place in Hilton Kyiv Hotel.

Read more: https://medium.com/thinkcointoken/thinkcoin-at-next-block-kiev-89f837d2bcbe

cxboyminer

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MoneyRebel ICO final report

ICO closed on May 15th, 2018, at 13.00 UTC. MoneyRebel is on a mission to build a financial platform that will provide customers with numerous digital tools and the know-how to manage and grow all their personal financial assets. But we have now obtained a few new missions. But let’s go step by step — first, the final report after the ICO.

Read more: https://medium.com/@moneyrebel/moneyrebel-ico-final-report-5fd828590f6a

SuperBazooka

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he Korea Customs Service (KSC) is reportedly due to test a blockchain-based system to verify data and shipments during imports and exports with over 50 companies domestically.

According to the Korea Times, the KCS is developing a customs data platform powered by blockchain technology in an effort to boost enhance the efficiency of a customs-clearing process that has long-relied on paper and is notoriously inefficient due to human error.

Specifically, the real-world test will check if a distributed blockchain ledger boosts accuracy and transparency in issuing Certificates of Origin, a crucial international trade document that certifies that goods in a particular export shipment are wholly obtained, produced, manufactured or processed in a particular country. The certificate also contains details of the product, its destination and the country of export and can also serve as a declaration by the exporter.

Topic: ✷ News ✷ Analytics ✷ Analysis ✷ Forecasts - page 33. (Read 2256 times)