There has been very little momentum on the crypto markets over the weekend. A stalemate seems to be in place between the bulls and the bears. Bitcoin could not break resistance at $9,000 and has fallen back to around $8,500 where it has found support for the time being. Altcoins are all very lack luster during this morning’s Asian trading session and gains or losses are small. A couple of them seem to be doing a little better than the Read more …
Consumers might be the biggest winners when crypto tokens are designed correctly. At least that’s the case made by a new paper by MIT’s Christian Catalini and the University of Toronto’s Joshua Gans, which describes a simplified model that illustrates what might be a valuable price discovery role that utility tokens, or those that operate as true commodities in the spirit of bitcoin and ether, might enable. Not only that but the paper, called “Initial Coin Offerings and the Value Read more …
The U.K.’s City Minister, John Glen, told reporters at the Treasury’s International Fintech conference on Thursday that “proportionate” regulations could give the local cryptocurrency industry a significant boost. In his comments, Glen said the government is still “engaged in trying to find the right narrative and the right level of regulation if that’s appropriate,” according to Business Insider. The minister continued, saying: “Regulation could be an enabler of a stable, flourishing cryptocurrency exchange in the City of London.” Notably, the minister Read more …
Altcoins Partnership announcements have long been a tool for pumping altcoins and shilling ICOs. In fact, promoters are now interpreting the term so broadly that if they are using Word to write a whitepaper or Gmail to handle communications they might as well claim to be partners of Google and Microsoft. The most infamous example of overstating partnerships is IOTA, but two recent examples show how the misleading practice is spreading and even evolving. Also Read: Read more …
Agrocoin is aiming to capitalize on the growing cryptocurrency market by giving people a chance to invest in its native token, which is backed by habanero peppers. Fiery habanero peppers may be well known for being used in salsas, hot sauce, and chili, however, its versatility has transformed it from a recipe ingredient into a cryptocurrency investment. Habaneros Open the Door to More Investors According to BloombergQuint, Amar Hidroponia, an agriculture company that produces these peppers in the fertile lands Read more …
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. Global Equity Markets: fear and uncertainty returns Stocks took a beating across the globe last week with the U.S. market getting hit the hardest. The S&P 500 Index dropped by 5.95%, its largest Read more …
Blockchain technology may have the potential to change in the world, but exaggerating its real-world accomplishments can only sow public distrust and set the industry back. The recent confusion and controversy over the role of Agora, a blockchain startup, in the Sierra Leone presidential election serve as a case in point. While an Agora executive has taken responsibility for media coverage that overstated its involvement, CoinDesk inadvertently contributed in our initial story, which revealed the news to the world for Read more …
Featured Two sitting ministers from the legislature of the Australian state of Queensland have revealed that they privately own bitcoin. The declarations have been made for the state’s register of members’ interests – which lists information including the properties, trusts, and union memberships of Queensland’s politicians. Also Read: Tennessee Passes Bill Recognizing Smart Contracts and Blockchain Transactions Queensland Registry Reveals Aussie Politicians Own Bitcoin The updating of the register of Queensland’s politicians’ interests has revealed that two of Read more …
Join our community of 10 000 traders on Hacked.com for just $39 per month. The US Department of the Treasury published a blog post offering advice to other government agencies that are interested in adopting blockchain or distributed ledger technology (DLT) in their internal systems. The post, which was drafted by the Treasury’s Bureau of the Fiscal Service (BFS), includes several lessons that officials gleaned while experimenting with a proof of concept blockchain system. Reflecting on the trial, the BFS Read more …
Conferences This weekend many bitcoin cash supporters gathered in Tokyo, Japan for the Bitcoin Unlimited event, Satoshi’s Vision Conference. The three-day conference was filled with synergy as the event was the largest bitcoin-centric conference to-date. Also read: Slush Pool Mines the First ASIC Boost Block Sparking More Debate Bitcoin: A Peer-to-Peer Electronic Cash System Over the last three days, an event was held in Tokyo Japan aiming to bolster the adoption growth of bitcoin cash (BCH) and on-chain Read more …
The popularity of Bitcoin in Africa continues to skyrocket. Paxful, the p2p cryptocurrency marketplace, is offering the means for Africans to take charge of their economic destiny. The cryptocurrency revolution, spearheaded by Bitcoin, has intensified greatly over the last year. While pundits focus their attention on the markets of Asia and the United States, the buying and selling of Bitcoin in Africa has continued to grow at a remarkable rate. This is clearly understood by the peer-to-peer cryptocurrency exchange, Paxful, Read more …
Join our community of 10 000 traders on Hacked.com for just $39 per month. The Quebec government’s recent actions to disconnect cryptocurrency mining from the region has drawn criticism from Francois Remy, head of the digital desk at Les Affaires, a Quebec newspaper, in a recent blog. Quebec Premier Philippe Couillard has said the bitcoin miners planning to move to the region will not get cheap electricity from the government-owned utility Hydro-Quebec, as the utility may not have enough power Read more …