Day: September 22, 2018

Bitcoin Glyphs Added to Apple’s Shortcuts Application

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Apple recently introduced a new lineup of iPhones and its new operating system iOS 12. Moreover, four days ago the company also updated its Siri extension called the ‘Shortcuts’ application with two new Bitcoin glyphs available. Also read: Critical Bug Found in Bitcoin Core Invokes the Multiple Client Argument Two New Bitcoin Glyphs Slowly but surely Bitcoin is finding its way into the mainstream in various ways. Apple users will now find that the Shortcuts application contains two unique glyphs showcasing the Bitcoin symbol. Shortcuts is a separate app that works with…

From Adoption to FOMO: Reasons Behind Ripple’s Leap

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Over the past week, altcoin Ripple’s (XRP) price has gone through the roof. It has seen an unprecedented 140 percent growth over the past seven days, up almost 63 percent in the past 24 hours alone, trading at around $0.61 at press time. XRP has gone as far as to beat Ethereum (ETH) to be ranked number two by total market capitalization on CoinMarketCap (returned to the third spot by the press time). What could possibly drive the price so high? While there’s no definite answer to that question, here’s…

Bitconnect’s Tentacles From Texas to Gujarat

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An American musical prelude Bitconnect, the now-defunct crypto lending and exchange platform that has been ousted as a ruinous Ponzi scheme, has memorably been compared by the Silver Miller law firm to the fleeting 2011 Broadway musical “Wonderland,” based on the dizzying impossibilities of Alice’s adventures in Lewis Carroll’s celebrated novel. Silver Miller’s first class action complaint was filed on behalf of six defrauded Bitconnect investors in late January, just weeks after the Texas Securities Commissioner issued an emergency cease-and-desist order against Bitconnect for the selling of unlicensed securities. The…

Novogratz Discusses XRP Surge, Bitcoin (BTC) $10,000 Price Target

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Galaxy Digital CEO Remains As Bullish As Ever Following the crypto market’s strong rebound on Friday, CNBC Fast Money, who has become near-infamous for its coverage of this early-stage market, called upon crypto proponent Mike Novogratz to make an appearance to discuss the current state of the cryptocurrency industry. To the surprise of some, Novogratz actually agreed to appear on the show, joining the Fast Money panel for an 11-minute segment that covered all things crypto (and cannabis). Novogratz, who is Galaxy Digital’s CEO, opened up his segment by calling back…

Tether Has No Real Impact on Bitcoin price: University Researcher

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Contrary to the somewhat-popular idea that tether (USDT) issuance is used to manipulate crypto markets by boosting the price of bitcoin, a new academic study by researcher Wang Chun Wei of the University of Queensland Business School shows that the most widely-used stablecoin in fact has a negligible effect. Tether and the 2017 Bitcoin Price Rally Titled “The Impact of Tether Grants on Bitcoin,” the report examines the tether-bitcoin price manipulation theory using a Value-at-Risk (VAR) model to establish conclusively that while there is a positive correlation between USDT grants and bitcoin’s…

Bitcoin Magazine’s Week in Review: The Resilience of Bitcoin

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Altcoins may come and go; hacks may challenge exchanges; mainstream financial advisors might not get it — but even in the face of a protocol bug, Bitcoin perseveres and develops. Here are this week’s top stories from Bitcoin Magazine. Stay on top of the best stories in the bitcoin, blockchain and cryptocurrency industry. Subscribe to our newsletter here. A Bug Fix and a New ASIC Miner The Good, the Bad and the Ugly Details of One of Bitcoin’s Nastiest Bugs Yet For well over a year, versions of Bitcoin Core…

Colorado scraps the need for a money transmission license for cryptocurrency exchanges

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In a bid to make the environment conducive for virtual currency exchanges, the state of Colorado has eliminated the need for a money transmission license for cryptocurrency exchanges. However, the state’s Department of Regulatory Agencies has made some exemptions to this rule. i.e, the money transmission license will only not be scrapped if the crypto exchange deals purely on crypto to crypto trading or non-fiat trading. “With respect to a person in the business of buying, selling or facilitating the transfer of cryptocurrencies for transmission or payment, a license would…

Brave Browser Taps Blockchain Identity Startup Civic for Secure KYC

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Cryptocurrency-funded web browser Brave has announced that it will collaborate with Civic, the blockchain identity platform, on a project that will bring the latter’s identity verification services to publishers on the Brave platform. Under this framework, Brave-verified publishers will be able to confirm their identity using Civic’s technology, and thus gain secure access to their Basic Attention Token (BAT) earnings made via the Brave browser. CCN reported recently that Brave has recorded more than 10 million downloads in addition to over 4 million active monthly users and 21,000 Brave-verified publishers. Brave’s…

Crypto Markets See Mixed Signals, Ethereum Beats Ripple by Market Cap

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Saturday, September 22: crypto markets have seen a mix of red and green, with Ethereum (ETH) having passed Ripple (XRP) to come back to be ranked the second top cryptocurrency by market cap, according to CoinMarketCap. Market visualization from Coin360 After surging up to $6,809 earlier today, Bitcoin (BTC) is slightly down over the past 24 hours, having traded below $6,700 over the past few hours. The leading cryptocurrency is down around 0.5 percent and trading at $6,667 at press time, seeing around 3 percent gains over the week. Bitcoin…

Weekly crypto review: crypto market bulls continue as ripple claims 115% gains

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In today’s weekly crypto review, we are going to take a look at Ripple’s unbelievable upsurge and other juicy events and developments that have graced the crypto industry in the last 7 days. Ripple surges 80% XRP gained 80% on Friday 21 September, after struggling as one of the worst performing top digital currencies in 2018. Additionally, this surge saw the coin’s market cap increase to around $26.8 billion, surpassing Ethereum as the world’s second largest cryptocurrency, according to data from coinmarketcap. This brought the coin’s gains in the last…