Month: September 2017

Merchants and other stakeholders within the financial ecosystem are gradually realizing that Bitcoin and other cryptocurrencies are an inevitable part of the payment landscape. As the traditional world meets the crypto world consumers will require interfaces between the two worlds. These interfaces serve as the bridge connecting both ecosystems and consequently a vital aspect in the maturity of the crypto world. Crypto Is Growing Due to Demand After several setbacks, the recovery rates of Bitcoin and other cryptocurrencies goes ahead 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. Bitcoin Press Release: ESR Wallet, a popular e-Wallet platform has announced the launch of its crowdsale campaign, starting September 25, 2017. September 25, 2017, San Francisco, USA – ESR Wallet, an e-Wallet company, currently operating with Read more …

China has always been a peculiar region when it comes to Bitcoin and cryptocurrency. Especially when it comes to LocalBitcoins, the trading volume picks up every now and then. Just last week, the region set a new all-time trading volume record on this platform. This goes to show the Chinese demand for Bitcoin isn’t slowing down by any means. It also highlights how a permanent of Bitcoin isn’t in China’s best interests whatsoever. Buying and selling cryptocurrency is still problematic Read more …

The company behind the FICO credit scoring system is looking at how to collect information from bitcoin exchanges as part of a new anti-money laundering product, new public documents show. A patent application from FICO, published September 21, details a programmable system for detecting potentially illicit transactions and flagging them for future review. That information would then be used to develop “threat scores” to be utilized by bank anti-money laundering specialists, according to the filing. Included in the document is a Read more …

Key Highlights Ethereum classic price has recovered a few points from the $9.85 swing low against the US Dollar. There is a short-term contracting triangle pattern forming with resistance at $10.80 on the hourly chart of ETC/USD (Data feed via Kraken). The pair is now above $10.00 and the 100 hourly simple moving average, which is a positive sign. Ethereum classic price is recovering slowly against the US Dollar and Bitcoin. ETC/USD needs a break above $11.00 to gain further Read more …

Gizer, a fast-growing NYC-based startup, has unveiled their token sale to accredited investors on SAFT Launch. Gizer’s GZR token will be made available to the general public on October 20. By opening the SAFT to accredited investors prior to the public token sale, Gizer will be capitalizing on the positive momentum the recent release of their mobile platform has generated, well in advance of the GZR token’s public issuance. Gizer is a global gaming network that connects the entire gaming Read more …

In recent months, news about Bitcoin being widely purchased and mined in Venezuela has led to a number of rumors regarding the growth and demand of the cryptocurrency there. An interview with Daniel Osorio of Andean Capital Advisors on CNBC indicates that the country may soon ‘Bitcoinize’ completely. Osorio, who spends about a week per month in the South American country, was interviewed regarding the hyperinflation problems that Venezuelans are facing. During the interview, he explained that a simple lunch Read more …

Regulation The U.S. Securities and Exchange Commission (SEC) declared this summer that initial coin offering (ICO) tokens were subject to federal securities laws. Just recently, the regulatory agency announced that it would hold an investor advisory committee meeting on October 12 to discuss the implications of blockchain technology for securities markets. Also read: SEC Suspends Trading of Bitcoin Firm’s Shares After 7000% Price Jump The SEC’s Investor Advisory Committee Plans to Discuss the Implications of ICOs In two Read more …

Mizuho Financial Group is partnering with tech conglomerate Hitachi to develop a blockchain platform for supply chain management. Announced Thursday, the two companies have reportedly agreed to test a system built on technology from the open-source Hyperledger blockchain consortium to determine whether they can use an immutable ledger to record orders, invoices and otherwise collect data about company operations. The ultimate goal, according to the firms, is to develop a record of every transaction that can be accessible by anyone in the company, Read more …

What about getting a take away latte for your spare bitcoins? The world’s largest cryptocurrency has been accepted as payment at smaller online shops for a while, but more and more service companies are also catching on to the trend. There are around 30 service companies in the Nordic capitals accepting bitcoin, according to the site Coinmap.org. The early adopting companies range from restaurants and bars to massage and tattoo parlours. One of the pioneers is Samuel Berhane from Stockholm. Read more …

Word that South Africa’s second-largest supermarket might accept bitcoin sent twitters of excitement through the cryptocurrency community last week – that is, until it emerged that, actually, they weren’t going to. At least not yet, and probably not for a while, if ever. In a prime example of rapid reporting, headlines proclaiming mainstream adoption (in supermarket aisles at least) jumbled up the news. Pick n Pay was testing bitcoin acceptance, not rolling it out across its network. In an interview with Read more …

Hello and welcome to News BTC’s Market Outlook September 25. DASH/USD DASH continues to be volatile, but I believe that the upward trend is still very much intact. The $325 level below should be an area where buyers jump in, and the gentle upswing in pricing should continue to be the case. I believe that the market will eventually find the $400 level, and I believe that the “floor” is at the $300 level. I have no interest in shorting this Read more …