While watching CNBC in a hospital waiting room this week, an orderly approached me and said “If you really want to make money, you should look into these things called cryptocurrencies…” When asked why he thought this was a good investment idea, he replied that “people think Bitcoin is a bubble. But it can’t be a bubble because everyone doesn’t own it.” The conversation pretty much ended right there but what the point lacked in economic acumen, it gained in Read more …
The first global marketplace for trading all virtual items based on blockchain and smart contracts, DMarket, announces its intention to create a new in-game items’ economy worth of more than $450 billion by giving to 2.3 billion gamers worldwide an opportunity to buy and sell in-game assets from any game on any platform. [Note: This is a press release.] “The estimated in-game trading turnover is $3 billion nowadays. And it works only for a couple of games. The core issue Read more …
Blockchain healthcare company Patientory has been busy since Bitcoin Magazine first covered the organization in May. The company, which is putting electronic medical records (EMRs) on an Ethereum-based blockchain for better security, has obtained funding and partnerships to help promote its concept. By the time it launches its enterprise solution, the company wants to give medical practitioners healthcare at their fingertips — and easy account settlement for patients and healthcare payers alike. Patientory released its payment token, “PTOY,” on May Read more …
It seems like every day there’s a new and exciting application of the blockchain that pops up, clearly to remind us all that this wonderful new technology isn’t just for the proliferation and standardization of cryptocurrencies like Bitcoin and its ilk. From the hands of a small team of Blockchain technology advocates who first developed it in Disney’s Seattle offices in 2015, Dragonchain is now about to deliver the first hybrid blockchain platform for businesses, along with an incubator program Read more …
News The operator of Kakao Stock, a popular Korean securities trading app based on the country’s number one smartphone messenger app Kakao Talk, is launching a cryptocurrency exchange called Upbit. Over 110 cryptocurrencies will be supported initially including bitcoin, ether, and litecoin. The company says that it will be the largest digital currency exchange in South Korea. Also read: Popular Korean Talk-Based Stock Trading App Adding Cryptocurrency Exchange Korea’s Largest Crypto Exchange Launching South Korean fintech company Dunamu Inc. announced Read more …
The Gibraltar Financial Services Commission, the financial watchdog for the British Overseas Territory, has announced it will put in place new regulations aimed at bringing oversight to the cryptocurrency exchange sector. In a September 22 statement, the commission said that, from January 2018, a new framework will regulate companies using blockchain to “store or transmit value belonging to others.” Further, it said initial coin offerings (ICOs) might also come under regulatory oversight in the near future, with the commission explaining it is “considering a Read more …
A Bitcoin sign can be seen on display at a bar in central Sydney, Australia Thomson Reuters Bitcoin enjoyed a great start to the week on Monday. The digital coin, which has been sliding the past couple days amid uncertainty about the future of cryptocurrencies in China, was trading up over 7% at $3,928 per coin. Reports on September 14 that Chinese regulators would require exchanges to voluntary shut bitcoin trading triggered a sell-off of nearly $1,000, bringing the price 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. The Mandarin Exchange is a new cryptocurrency exchange that proposes to minimise the risks of centralization while acknowledging the benefits of conventional exchanges through the concept of distributed management. Centralized exchanges are failing the marketRegulated or Read more …
The views and opinions expressed here are solely those of authors/contributors 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. * BTC/USD, ETH/USD and LTC/USD market data is provided by the HitBTC exchange. China has banned ICOs and has ended cryptocurrency trading opportunities on the Chinese exchanges. However, it is moving ahead with steps to study the Blockchain technology in detail to issue Read more …
Starting in September, the Chinese government has issued several regulatory policies on ICO and digital currency trading. However, it is highlighted in multiple reports by official media that the Chinese government remains vigorously supportive of the launch and growth of the revolutionary technology — blockchain. In the current regulatory storm, many to-be-initiated bubble programs are wiped out, making ample room for their pragmatic and down-to-earth peers like GXB. [Note: This is a press release.] World’s First Decentralized Data Exchange to Read more …
The Dutch port of Rotterdam, the biggest shipping hub in Europe, is opening a research lab devoted to blockchain technology. Conceived as a “knowledge centre for the regional private sector” and geared towards applied research, the so-called “BlockLab” is being set up in a joint effort between the Municipality of Rotterdam and the port authority to investigate blockchain’s potential in organising port logistics and cargo flows more efficiently. According to a press release, initial steps include the launch of a blockchain app – developed in partnership Read more …
LITECOIN – LTCUSD TECHNICAL ANALYSIS There is an obvious price rejection at 47.00 recorded on Saturday. However, since bears are in charge, my recommendation will be to initiate short positions and this means we wait for any strong sell signal in the 1HR chart and do the honors. Potential sell zones will be at around 52.50 and 57.50 which are bound between 20.07.2017 and July’s highs of 05.07.2017 (refer chart above). DASH – DASHUSD TECHNICAL ANALYSIS Figure 2: DASHUSD-Daily Chart-25.09.2017 Read more …