Month: July 2018

Canada-based information and news provider Thomson Reuters is to track a number of crypto assets on one of its desktop finance feeds, thanks to a new partnership with market data aggregator CryptoCompare. Under the deal, CryptoCompare will collate order book and trading data for 50 crypto tokens sourced from “trusted” exchanges to be provided to investors through Thomson Reuters’ Eikon platform, according to a press release. The added data will provide institutional investors with “reliable insight” into the crypto asset market, Read more …

Valve Corporation, the company behind the gaming website Steam, suddenly pulled a game called Abstractism from its store. Customer complaints and the game’s performance metrics point to another instance of crypto jacking. Abstractism has been marketed as a simple platformer where you control a bunch of pixels and try to carry it successfully to the other end of the level. In this case, you were managing a square in a black and white environment. All you had to do, was Read more …

Despite the disappointing verdict for the proposal of the Winklevoss Twins’ Bitcoin-centric ETF, crypto experts still hope that regulators will begin to change their outlook on this emerging industry. BitWise Enters Crypto ETF Race With A Crypto Index Proposal Last week, Bitwise, a San Francisco-based asset management firm, filed a proposition to the SEC, looking to launch a cryptocurrency index ETF. If approved by the heavy-handed regulatory body, investors would be able to invest in a basket of ten cryptocurrencies, which are Read more …

Canadian mass media and information company Thomson Reuters has announced a crypto asset data partnership with cryptocurrency tracking resource CryptoCompare, according to a July 31 press release. As the press release explains, CryptoCompare will now provide order book and trade data on 50 cryptocurrencies for Reuters’ financial desktop platform Eikon, which is aimed at institutional investors. Sam Chadwick, the director of strategy in innovation and blockchain at Reuters, noted in the press release that the “decline in the price of Read more …

The Daily In today’s edition of Bitcoin in Brief it seems that Twitter is starting to get a grip on the impersonator bots that have dogged the platform all year. We’ve also got news of a crypto meetup that’s only for sceptics, and it turns out that Bitmain is even richer than anyone thought. Also read: Bitcoin ETF Rejection Sparks Firm’s Public Protest Bitmain Adds a Couple Billion to Its Valuation As we reported earlier this month, Chinese mining behemoth Bitmain Read more …

Bitcoin’s price risks deeper losses below $8,000 as the bears seem to be winning a four-day-long tug-of-war with the bulls, technical studies indicate. At press time, BTC is changing hands at $7,950 on Bitfinex – down 2 percent in the last 24 hours – having clocked a low of $7,968 earlier today. The cryptocurrency was largely restricted to a narrow range of $8,300 to $8,050 since late Friday. Consequently, Bollinger bandwidth – a volatility indicator – dropped today to the lowest Read more …

Major Cineplex, Thailand’s largest movie theater operator, is integrating cryptocurrency payments to allow movie-goers to buy everything from tickets to popcorn with bitcoin and other digital currencies. The endeavor follows a partnership with Swiss fintech developer RapidzPay wherein the multiplex operator will deploy a digital payment ecosystem built by the latter firm to ingrate cryptocurrency payments at point-of-sale (PoS) machines at its theatres, according to Thai publication The Nation. The signing ceremony between RapidzPay and Thailand’s Major Cinema Group. We Read more …

Online banking service provider Swissquote has seen a 44 percent surge in profits in the first half of 2018, an uplift attributed to the “crypto boom” earlier this year, local news outlet Finews reports July 31. In July 2017, the Swiss-based online bank was credited by many with becoming “the first” European online bank to launch Bitcoin (BTC) trading accounts for its clients. Other Swiss financial institutions have been clamoring to post “firsts” in the integration of crypto into the Read more …

International trade, people without identity and financial exclusion are global development areas that stand to be radically improved with blockchain technology, according to Michelle Chivunga, regional advisor for the British Blockchain Association.“I’m quite keen to help people in understanding what the potential of blockchain is,” said Chivunga in an interview with Bitcoin Magazine. “And at the same time I’m also quite passionate and I’ve done quite a bit of work and involvement with women’s economic empowerment programmes, working with different Read more …

Markets are back in the red; Polymath is pumping but Cardano, EOS and Stellar are getting hammered. The bears have regained control of crypto markets and the selloff has accelerated today. Market capitalization has fallen further, dropping below $290 billion as altcoins get offloaded. Recent SEC rejection of the Winklevoss ETF may have sparked a wave of panic selling following a week of gains. Bitcoin has dropped 1.3% over the past 24 hours falling back to $8,060, further bearish pressure Read more …