Day: October 17, 2018

Chinese Mining Hardware Manufacturers to Fall Under US Tariff Increases

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Major mining hardware producers, such as Bitmain, Canaan and Ebang, could be affected by recently imposed U.S. sanctions on Chinese goods, Hong Kong’s English-language newspaper South China Morning Post (SCMP) reports Tuesday, Oct. 16. Analysts cited by SCMP believe these tariffs could possibly affect China’s major mining hardware producers, as the technology was reclassified by the office of the United States Trade Representative (USTR) to fall under a stricter tariff regime. This summer the Trump administration significantly increased U.S. tariffs on more than 250 Chinese goods. In June, the USTR…

MoonX to launch decentralised non-profit trading platform for cryptocurrencies

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The Switzerland-based technology startup MoonX is hoping to attract investors and traders from India as it plans to launch decentralised non-profit trading platform for crypto currencies by the end of November.  “MoonX allows members to collectively participate and contribute and in turn rewarded with Moon Money, equivalent to shares and voting rights within the company. One can be a part of MoonX family by just trading on the platform once,” said Nithin Palavalli, founding chief executive of the venture. MoonX will have development centres in Bengaluru, London and Beijing. It…

0x Surges 30% After Coinbase Listing, Which Crypto is Next?

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0x (ZRX), better known as the 0x protocol, experienced a 30 percent increase in value within mere minutes after Coinbase, the world’s largest crypto brokerage, officially integrated ZRX. In an official announcement, Dan Romero, Coinbase vice president and Coinbase Consumer general manager, wrote: “Starting today, Coinbase supports ZRX at Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now buy, sell, send, receive, or store ZRX, along with Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic and Litecoin. ZRX will be available for customers in most jurisdictions, but will…

Canadian Firm to Build Blockchain-Based Supply Chain Platform for Cannabis Industry

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Canada-based blockchain and crypto company DMG Blockchain Solutions Inc. (DMG) has announced the development of a global supply chain management platform for the legal cannabis industry, according to an announcement published Oct. 17. As reported by Canada’s national public news and information service CBC, the country’s government officially legalized recreational marijuana as of today. Cannabis was previously available only for medicinal use within the country. According to Health Canada, there are currently over 120 licensed cannabis producers in Canada, where one of the top producers has already stated that labor…

Blockchain Journalism Startup Civil Refunds Investors after Failed ICO

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Initial coin offering (ICO) operator Civil will refund investors due to the blockchain startup’s failure to reach its minimum sale cap. Civil will conduct another token sale in further efforts to build their Journalism business. Civil ICO Civil’s first ICO began in September and wrapped up this week. Their mission, according to their website, “is to help power sustainable journalism throughout the world” by using blockchain and decentralization. Despite high profile partnerships including with media heavyweight Forbes, the ICO nevertheless failed to hit the $8 million fundraising minimum. Roughly 3,000 people bought CVL…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, October 17

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The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. While crypto markets have given up much of their Oct. 15 gains, they are still trading well above the recent lows, which is a positive sign. A knee-jerk reaction to a news event can propel the markets only to a certain level, after which…

Mike Novogratz: “We Are Long on Bitcoin,” But “I Don’t See Us Breaking 10k” This Year

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During an Interview for Bloomberg held yesterday, Mike Novogratz, a renowned capital investor, and former Goldman Sachs partner, was bullish about the future of cryptocurrencies; although this time he was also more cautious and less impulsive about his predictions. Novogratz has always been a believer in the idea that institutional involvement is crucial to achieving the mass adoption of cryptocurrencies and the “explosion” in the markets many enthusiasts dream of. Although there have been regulatory difficulties in the crypto markets during 2017-2018 (years in which many expected a massive involved…

Ethereum (ETH) | Foundation Hands Out Over $3 Million in Awards

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The Ethereum (ETH) Foundation has just announced its fourth set of grants given out to 20 individuals and groups working on the Ethereum blockchain. [Blog] Ethereum Foundation Grants Update – Wave IV #ethereum #grants https://t.co/Xw39mmIX93 pic.twitter.com/gu0csjFlNk — Ethereum (@ethereum) October 15, 2018 Ethereum (ETH) Grants According to the official press release, the total amount of the fourth round of awards was just over $3 million USD. >> TRON (TRX) ‘Partnership’ with Baidu has Nothing to Do with Blockchain In the announcement, the Ethereum Foundation expresses its gratitude to members of…

Ethereum Foundation Hands Out Over $3 Million in Awards

boss

The Ethereum (ETH) Foundation has just announced its fourth set of grants given out to 20 individuals and groups working on the Ethereum blockchain. [Blog] Ethereum Foundation Grants Update – Wave IV #ethereum #grants https://t.co/Xw39mmIX93 pic.twitter.com/gu0csjFlNk — Ethereum (@ethereum) October 15, 2018 Ethereum (ETH) Grants According to the official press release, the total amount of the fourth round of awards was just over $3 million USD. >> TRON (TRX) ‘Partnership’ with Baidu has Nothing to Do with Blockchain In the announcement, the Ethereum Foundation expresses its gratitude to members of…

Bitcoin Futures Trading Rose 41 Percent in Q3: CME

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Bitcoin futures trading volumes continued to rise in Q3, with derivatives exchange CME reporting a 41 percent quarter-over-quarter increase in average daily volume. Bitcoin Futures Volumes See Major Bump in Q3 During Q3, the exchange averaged 5,053 contracts — each equivalent to 5 BTC — traded during each daily trading session, representing 25,265 BTC in volume. Open interest in CME’s bitcoin futures market saw a significant bump as well, rising 19 percent quarter-over-quarter to an average of 2,873. In Q3, Bitcoin futures average daily volume rose 41% and open interest was…