Month: September 2017

NEOUSD TECHNICAL ANALYSIS Major resistance trend line was broken on 24.09.2017 and confirmed yesterday when that bullish candlestick was printed. It is also obvious from stochastics behavior that bulls are entering the market with clear buy signals first printed on 15.09.2017 and again after yesterday’s close. I’m bullish and my first target will be support … Continue reading Altcoin Analysis for 26-09-2017: NEO, DASH, IOTA, XMR and NEM The post Altcoin Analysis for 26-09-2017: NEO, DASH, IOTA, XMR and NEM Read more …

4. Not necessarily. Some platforms focus solely on payments within a specific cryptocurrency. However, a decentralized payment gateway, like ErosCoin for example, facilitates the process of sending and receiving multiple cryptocurrencies and provides a much more complete ecosystem that goes beyond just payments. Apart from smart contracts, there are a number of decentralized applications available on a Blockchain-based platform. In-chat payment features make it convenient for users to send payments to each other by simply sending a text message. While Read more …

Interest in South Korea’s booming cryptocurrency market continues apace. Following its emergence as a global leader in bitcoin and cryptocurrency volume, local exchange startup Korbit has announced that PC and mobile gaming firm Nexon has signed a stock trading agreement that would see it acquire Korbit’s management rights. According to local news source, Hankyung, Nexon has agreed to purchase a 65 percent stake in Korbit at a sale price of 91.3 billion Korean won (roughly $80 million). Data from CoinMarketCap indicates Read more …

Cryptocurrency users around the world often suffer from banking issues. More specifically, a lot of financial institutions tend to close bank accounts related to cryptocurrency. Although such harsh actions have become less apparent, they can still occur now and then. Over in Singapore, various firms and consumers have seen bank accounts being closed for no apparent reason. This seemingly indicates how local banks are cracking down on cryptocurrency activity. There is never a good reason to close bank accounts related Read more …

Banks in Singapore are reportedly moving to close accounts tied to a number of cryptocurrency firms. According to a report by Bloomberg today, as many as 10 companies have reported issues in recent weeks. Anson Zeall, head of Singapore’s cryptocurrency and blockchain industry association, ACCESS, supported the claim, stating the closures remain unexplained by the banks. Further, he urged the country’s authorities to take a stance on the matter. “We would urge Singapore to take a leadership role and demonstrate how to come to Read more …

Last month, North Korea was banned from exporting coal to China, its biggest buyer. The rogue regime may have found a new use for these idle coal supplies: powering bitcoin mines. That’s according to research by Recorded Future, an information security firm that counts the Central Intelligence Agency’s venture capital arm among its investors, and security non-profit Team Cymru. The research identified activity that the firms believe is bitcoin mining in North Korea starting on May 17. The analysts don’t Read more …

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Blockchain has already revolutionized many industries, from finance and security to e-governance and notary. But even more disruption is to come, as there’s still a significant gap between real and crypto economies that needs to be Read more …

After the news from China earlier this month, the entire future of cryptocurrency was cast into doubt – albeit briefly. The ban on initial coin offerings (ICOs), followed by news of exchanges shutting down was met by a widespread selloff. Whilst there was already evidence to suggest the beginning of a general correction prior to the September 4th, and 14th announcements, there is no doubting that news from China exacerbated the natural pullback. In terms of the total market cap. Read more …

While cryptocurrencies may be back in the headlines, most public companies are today keeping any interest in the technology on the periphery of their business. For tech giants Nvidia and Advanced Micro Devices (AMD), however, that is no longer an option. So far in 2017, cryptocurrency miners have taken over the market for consumer graphics processing units (GPUs), using the devices to solve the cryptographic puzzles required by ethereum (and other “scrypt”-based cryptocurrency protocols) and claim their lucrative rewards. Both companies Read more …

A group of German banks working with the R3 blockchain consortium has successfully replicated the sale of a €100,000 security on a distributed ledger platform. Announced yesterday, Commerzbank, KfW Banking and MEAG all took part in the effort, designed to test an extension of R3’s Corda platform. According to the companies involved, the trial served to show how a money market instrument, traded using distributed ledger technology (DLT), could take place with fewer intermediaries and in a shorter timeframe. Built using an Read more …

Conferences The first Nexus Earth conference kicked off this last weekend in Aspen, Colorado. It ran from September 21 to 23. The Nexus Earth team referred to the event as the “dynamic think tank” of the year. Leaders in many disparate fields came together and discussed the future of blockchain and society. These individuals represented the cryptocurrency, finance, technology, political, and economic ecosystems. They explored the future of blockchain technology and its implications for society. Also read: Bitcoin Read more …

As South Korea has passed China in total Bitcoin trading volume, a new cryptocurrency exchange is being launched that’ll allow investors to trade 111 different altcoins. Mobile app offspring Upbit is an altcoin exchange created by Dunamu that will allow investors to trade different altcoins. Dunamu is the developer of a mobile app that provides soft copies of newspapers in South Korea and is owned by Kakaostock, South Korea’s top mobile trading app. Kakaostock is the offspring of parent company Read more …