Bank of America’s Merrill Lynch Bans Clients from Bitcoin Fund

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Bank of America’s brokerage arm Merrill Lynch has barred clients and their financial advisers from participating in bitcoin investments. The Wall Street Journal, upon reviewing an internal memo by Merrill Lynch, reports that the brokerage arm has specifically highlighted Grayscale’s Bitcoin Investment Trust, a open-ended trust fund directly invested in the world’s first cryptocurrency. The fund is run by Grayscale Investments led by Barry Silbert, a former Wall Read more …

Down But Not Out: Bitcoin Holds Onto Bullish Territory

Bitcoin has come under pressure today amid sharp gains in alternative currencies, but the charts are showing no signs of panic. Having clocked a high of $15,394.99 at 02:14 UTC today, CoinDesk’s Bitcoin Price Index fell to an intraday low of $14,225.17 at 09:14 UTC. At press time, bitcoin was trading at $14,500 levels. Quite clearly, the 2 percent depreciation in the value shown by data source CoinMarketCap is largely due to the decline seen between 02:14 UTC and 09:14 UTC. Read more …

Korean Law Firm Fights Back Against Government’s Cryptocurrency Trading Regulation

Various countries all over the world aim to regulate cryptocurrencies. That is much easier said than done, though. After all, cryptocurrencies can’t be controlled by default. In South Korea, the government has taken a slightly different approach. Their form of cryptocurrency trading regulation doesn’t sit too well with the general public. In fact, a Seoul-based law firm has filed an appeal regarding this matter. It is evident the regulation of cryptocurrency trading is a very sensitive subject. It may seem Read more …

These Dutch Researchers Are Mining Cryptocurrencies With Body Heat

Sharing economy Cryptocurrencies may be bringing us closer to a world of singularity and the Matrix more than we can imagine. One experiment designed by Manuel Beltrán aims to bring humans closer to this world by using human-powered energy to mine digital assets. The Dutch-based research and development team called the Institute of Human Obsolescence led by Beltrán is mining cryptocurrencies with a special bodysuit that harvests human body heat into a sustainable energy source. Also Read: Public Read more …

trade.io Raises Over $24 Million & Continues Forging New Partnerships, Adding Value to Its Trade Token (TIO)

3 January Is The Last Day To Participate Wednesday 03 January, 2018, Zug, Switzerland – trade.io has announced that it has raised over $24 million from more than 12,000 participants worldwide.  Now reaching the end of crowdfunding activities for its ICO, the company has announced 7 partnerships with major international industry players including technology leaders, exchanges and academic institutions, signaling that the company has long term plans to dominate the financial and blockchain environments. Civic, revolutionary identity verification services will Read more …

Ripple Price Records Another 35% Increase, $134 Billion Market Cap

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The Ripple price, which many investors claimed could not increase further after reaching $3, has demonstrated yet another 33.8 percent surge over the past 24 hours, as the market valuation of Ripple surpassed $141 billion. Meteoric Rise Over the past seven days, the market valuation of Ripple has risen from $52 billion to $141 billion, by nearly three-fold. Ryan Shea, a highly respected bitcoin developer and the Read more …

Merrill Lynch Bans Clients from Investing in Bitcoin Fund

Merrill Lynch, the brokerage arm of Bank of America, has blocked financial advisers and clients from trading in bitcoin-related investments. The ban extends to clients trading in Grayscale’s Bitcoin Investment Trust, a fund led by bitcoin entrepreneur Barry Silbert. The decision to block access to the fund was due to concerns about the “suitability and eligibility standards of this product,” an internal memo circulated to approximately 17,000 advisers states. According to the Wall Street Journal, the bank has extended a ban on Read more …

Criminals Have Found an Alternative to Bitcoin

Many people believe that Bitcoin is the preferred currency of criminals, but experts think that criminals are dropping Bitcoin for other digital currencies. The Rise of Privacy Coins In the last couple of years, deep web markets have risen in popularity. The major appeal of such darknet markets is the ability to obtain illegal goods like drugs and weapons in an anonymous way. But the recent technological advancements of law enforcement agencies has made purchasing goods on the darknet riskier. Silk Read more …

Will the Chinese central bank regulate power for bitcoin miners?

The People’s Bank of China (PBOC) has apparently set itself the goal of more vigilant monitoring and regulation of the energy consumed by the mining of cryptocurrencies. This should, among other things, reduce the increased demand for electricity in the People’s Republic. China is one of the biggest sources of mining power to mine bitcoin and other cryptocurrencies. Meanwhile, a veritable market has developed for the provision of computer computing in the People’s Republic. Conversely, however, this also means that Read more …

ALT COIN DASH REVERSE FROM $1200 TECHNICAL ANALYSIS

As DASH reverse from $1200, other crypto pairs are following suit especially IOTA which is now trending lower after stalling at $4.2. Generally, USD buyers are in charge across most currency pairs besides NEM. Apart from these, I will shift my focus on LTC and chances of losing their Q4 2017 gains is high after failing to close above $255. Let’s have a look at other charts NEM RALLY AS BUYERS AIM AT $2 XEMUSD 4HR Chart for January 4, Read more …

Announcing Corda training for developers at Blockchain & Cryptocurrency Con 2018

Dallas, TX (USA), December 28, 2018. At Blockchain & Cryptocurrency Con 2018, an international conference on blockchain technology that will take place in Dallas, Texas (USA), from February 22 – 24, 2018, R3, a fintech startup that counts more over 100 banks, financial institutions, regulators, trade associations, professional services firms and technology companies as partners, will be conducting a 2-day Corda training for developers. Corda is R3’s open-source distributed ledger platform that is the result of a 2-year collaborative effort Read more …

China Isn’t Shutting Down Bitcoin Miners: Report

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Chinese authorities’ ‘crackdown’ on bitcoin miners will not see them banned and will instead focus on removing their preferential treatment in local provinces. Chinese publication Ciaxin is reporting that, contrary to rumors on Wednesday, Chinese authorities haven’t asked bitcoin miners to shut down their operations in the country. China is home to nearly two-thirds of the bitcoin hashrate with mining operations rampant in the Sichuan province and Read more …