Saudi Arabian Communications Ministry Hosts ‘Blockchain Bootcamp’ With ConsenSys

The government of Saudi Arabia completed a “blockchain bootcamp” last week, the Ministry of Communications and Information Technology (MCIT) announced in a press release April 29. The session was focused on building Ethereum smart contracts and decentralized applications (DApps). The three-day event, which concluded April 26, was held in conjunction with blockchain software technology company ConsenSys, which is currently involved in multiple projects in the Middle East. According to the press release following the bootcamp, Saudi Arabia’s MCIT described the Read more …

University College London Cuts Ties With IOTA, Cites ‘Support For Open Security Research’

The Centre for Blockchain Technologies (CBT) at University College London (UCL) has posted an announcement on its website that it has dissolved its ties with the IOTA Foundation, TNW reported April 28. The note emphasizes CBT’s commitment to “open security research,” and reads in full as follows: “UCL Centre for Blockchain Technologies is no longer associated with the IOTA Foundation. In relation to recent news report [sic], we reaffirm our support for open security research, as a prerequisite for understanding Read more …

Why Invest in NEO?

NEO is the first Chinese cryptocurrency to gain global acceptance, and as a result, has generated huge amounts of interest – both in terms of investment and media coverage. Created by Da Hongfei and his company Onchain, it was originally launched in 2014 as AntShares, but rebranded three years later and enjoyed a breakout year. In 2017, NEO became one of the top-10 cryptos in terms of market capitalization, with its value rising by thousands of percentage points. It reached a Read more …

Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, TRON, EOS: Price Analysis, April 30

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The crypto markets have bottomed out, and analysts are predicting a strong rally from the current levels to the end of the year. While Fundstrat’s Tom Lee believes Bitcoin will trade at $25,000 Read more …

How Algorithms Can Assist with Bitcoin Mining

Bitcoin and other cryptocurrencies have come a long way in a short span of time. The value of bitcoin in 2011 was just $0.06 and had virtually no takers. Fast forward to the present day and the very cryptocurrency now enjoys five-figure values as industries and governments grow accustomed to its use to pay for goods and services. There are now 16 million bitcoin tokens in existence. The amount of bitcoin tokens allowed to exist at any one time has Read more …

Indian Exchange Postpones Repaying Stolen Bitcoins – No Permission From Authorities

Exchanges India’s cryptocurrency exchange Coinsecure has announced that it cannot repay customers their stolen bitcoins at this time. The exchange claims that while investigations are underway, permissions are needed from the authorities to start the claims process which it has not yet received. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Repayment Delayed Indian exchange Coinsecure has updated users regarding the disbursement of funds due to stolen bitcoins. The exchange previously confirmed that 438.31859715 BTC were Read more …

SEC Commissioner: We Are Focused On Protecting Investors from ICOs

The Securities and Exchange Commission (SEC) views that all Initial Coin Offerings (ICOs) should be regulated as securities but when asked if they will ban or regulate the market, an SEC commissioner made it clear he was not suggesting either option. Instead, the focus is on protecting investors from fraudulent investments. SEC Targeting ‘Fraudulent’ ICOs SEC commissioner Robert Jackson told CNBC today that his comments were not suggesting ICOs will be banned or regulated straight away but that they will Read more …

6 Reasons Why WAVES Is Undervalued Right Now

At just under $6.84 per coin, Waves (WAVES) is currently the 38th most valuable cryptocurrency by market capitalization. Given everything the platform has to offer, it’s rather obvious that the coin’s current price is incredibly undervalued. Here are 6 reasons why. Waves-NG is the Fastest Blockchain in the World It may only be 38th on CoinMarketCap.com, but Waves is #1 when it comes to blockchain transaction speed — thanks to its implementation a ground-breaking new protocol which will allow its Read more …

Bitcoin Price Analysis: $10K, Are We There Yet?

Will Bitcoin bore traders with a second day of sideways trading or are we bracing for the long-awaited breakout over $10k? Market Overview Bitcoin and other cryptocurrencies have ascended at a steady pace over the last 3 weeks and it appears that Bitcoin has developed an impressive immunity against the usual correction triggers of tax selling, regulatory fears, exchange hacks and other FUD that have plagued crypto-markets since Q1 2018. In fact, at the moment there appears that positive cryptocurrency Read more …

AI Powered Exchange Rate Forecaster Cryptics Launches MVP

Cryptics, a company developing a platform for AI-based cryptocurrency exchange rate forecasting, has announced the release of its minimum viable product (MVP), which is to become available on April 30th. An earlier version of the platform’s MVP is also accessible at the project’s website. Available therein, aside from the projected chart of exchange ratios, it is an overall assessment of the prediction accuracy for each of the currency pairs. Cryptics will act as a blockchain-based aggregator for cryptocurrency exchange rates feeding Read more …

Binance to Invest $15 Million in Bermuda as Crypto Regulations Advance

Regulation While some governments say they see the potential future benefits of a local cryptocurrency hub, more proactive jurisdictions are already reaping the rewards. The latest example comes from Bermuda, which is rapidly advancing its receptive crypto regulations and strengthening the local economy.   Also Read: Hong Kong Alcohol Company Buys 51% of Bitcoin Miner for $60 Million Binance Brings Jobs, Education and Investment The Premier of Bermuda, Edward David Burt, announced on Friday his government’s new Read more …

Technical Analysis for May 1, 2018

The race for supremacy continues and here we have two coins out bidding each other: EOS and Tron. While we expect them to launch their mainnet in less than 40 days, their respective price spike means their valuation rank in the top 10. Because of this, ramping up buys whenever our EOS and Tron technical analysis dictates could be a nice trade plan. Let look at these charts: EOSUSD (EOS) EOS 4HR Chart by Trading View Apparently, EOS is mooning. Read more …