Month: September 2017

Emerging Markets This week, the relatively new India-based cryptocurrency exchange, Koinex, announced the listing of bitcoin cash (BCH) paired with the Indian rupee (INR). Also read: Bitcoin Cash Gains More Infrastructure In the Midst of Segwit2x Drama Koinex Introduces an Altcoin Trading Platform for India Koinex introduces India’s first altcoin exchange. A new cryptocurrency exchange called Koinex has been gaining popularity because it is the only Indian trading platform that lists alternative digital assets, rather than BTC/INR pairs Read more …

An effort to launch a bitcoin futures ETF saw a setback today after SEC officials pushed back against the proposal, public records show. Last month, CoinDesk reported that New York-based money manager VanEck had filed to create the VanEck Vectors Bitcoin Strategy ETF, which would be used to invest in “U.S. exchange-traded bitcoin-linked derivative instruments…and pooled investment vehicles and exchange-traded products that provide exposure to bitcoin.” It was one of a growing number of efforts to create financial products around the Read more …

Paycent is a global mobile dual e-wallet that can be funded by cryptocurrencies (e.g. Bitcoin, Ether, Litecoin) with high liquidity and fiat currencies within the same mobile application. This allows the cryptocurrencies holders multiple avenues of spend and straddle the world of fiat and cryptocurrencies. By having integrated fiat and crypto mobile wallets with the option of having a debit card linked to Paycent, this opens 200 countries and 36 million points that Paycent is accepted. The full ecosystem of Read more …

US President Trump administration has reaffirmed its commitment to Blockchain technology adoption in government operations as an important policy and strategy. This was reiterated by two senior White House officials at the Data Transparency 2017 conference held in late September. In her conference remarks, US Office of Management and Budget acting federal chief information officer Margie Graves, the federal government is exploring several forward-leaning capabilities of artificial intelligence and Blockchain that could benefit the operations of the government. Graves specifically Read more …

NEOUSD TECHNICAL ANALYSIS Obvious price rejection witnessed at resistance line around $35. So far, price action is bound within yesterday’s Hi-Lo and despite stochastics turning lower, a push higher is on the cards if volumes are used as clarifiers. As noted, over the last 2 trading days, buyers volume were above the 1M mark and daily averages of 950K. The 20 period MA is still a respectable resistance line and a turn higher will only assert yesterday’s recommendation especially if Read more …

Cryptocurrency scam alert website Badbitcoin.org has removed popular news and information outlet Bitcoin.com from its ‘Safelist’ of trusted resources. In a surprising move seemingly stemming from CEO Roger Ver’s support of the upcoming SegWit2x hard fork, Badbitcoin tweeted Friday that a place on its Safelist was a “privilege.” “Inclusion in our safelist is a privilege (sic) that cannot be bought,” it wrote, suggesting it would also remove BitPay and Xapo. 2/2 Inclusion in our safelist is a priviledge that cannot Read more …

We have reached the end of the European session on Friday and it is time for our end of the week analysis moving into the US session and, beyond, into the weekend. When we conducted our analysis this morning, we highlighted a couple of things that we wanted to see as the session played out. First and foremost, we wanted to see a breakout that would give us the opportunity to jump into the markets as and when it happened. Read more …

Asia is unique in the increased use of Blockchain. Many investments are flowing into the Asian market and it is definitely the place many are looking to place their investment. In addition, Asia’s economy is becoming more advanced. There is especially great involvement of fintech and economic use cases of the Blockchain in Asia at the moment. This article will delve into the things that make Asia a leader in Blockchain implementation and development. China ban implications Hu Bing, a Read more …

Noted whistleblower Edward Snowden has said that the privacy oriented cryptocurrency zcash is the “most interesting alternative” to bitcoin. Posted in response to a tweet from technologist Mason Borda stating: “Zcash is the only altcoin (that i know of) designed and built by professional and academic cryptographers. Hard to ignore,” Snowden replied, “Agree.” He continued: “Zcash’s privacy tech makes it the most interesting Bitcoin alternative. Bitcoin is great, but “if it’s not private, it’s not safe.’” Snowden is a prominent privacy Read more …

The ether-US dollar (ETH/USD) exchange rate fell to $278 today, a seeming response to news South Korea is joining the global backlash against the initial coin offering (ICO) funding model. News hit the wires during the Asian trading session, with word that South Korea’s Financial Services Commission would ban “all forms” of ICOs echoing out across the global market nearly four weeks after China declared ICOs similarly illegal. At press time, however, the market response to Korea’s news has been more Read more …

Humanity’s past—the far past, as in prehistory—has a curious way of creeping up into the present. Whether the topic at hand is gender equity in a multinational corporation or the diet of the future, images of Neanderthals lumbering around unspoiled nature are, as Sam Kriss pointed out in a recent essay for The Outline, readily conjured up to point out the correct path to us. They scream: Humans are naturally competitive, men are naturally more assertive than women, and so Read more …

The tiny unrecognized republic of Transnistria is the latest jurisdiction to announce it wants to join the Bitcoin mining race. The breakaway segment of Moldova, which unofficially declared independence in the 1990s and has received support from Russia since, is looking to capitalize on cheap electricity costs. Laws are “already in place” to facilitate wholesale cryptocurrency creation, according to Russian news outlet Lenta. “The Transnistrian government is already talking about how they are fourth in Europe in terms of internet Read more …