Day: December 1, 2018

Russian Crypto Bill Draft Pushed Back to First Reading for Significant Edits

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Russia’s cryptocurrency legislation, the draft bill “On Digital Financial Assets,” has been sent back to the first reading stage for significant changes, Russian daily newspaper Kommersant reported Nov. 30. According to Kommersant, the head of the council and chairman of the State Duma committee on state building Pavel Krasheninnikov said that the document has no relation to cryptocurrencies or tokens, and lawyers have noted that its wording comes into conflict with the norms of Russian legislation for corporations. The law, which is one of three projects originally designed to regulate…

Game Changer? Landmark ICO Case Finds Against the SEC

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Game Changer? Landmark ICO Case Finds Against the SEC December 1, 2018 by Paul de Havilland In what could prove to be a watershed moment for ICOs in the U.S., a federal court in California has just ruled against the SEC in a case against Blockvest. But what do the rulings mean? Also read: Chinese Mining Operations Reportedly Closing Due to Crashing Crypto Markets Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts SEC Claims Blockvest Violated Securities Laws The Securities and Exchange Commission claimed that Blockvest violated Section…

Crypto Giant OKEx Deslists Several Trading Pairs

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Twitter Facebook LinkedIn CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. Today brought news of OKEx exchange delisting several additional trading pairs. This is the third time OKEx has delisted a group of assets. OKEx Delisting In an announcement today on their website support page, OKEx stated the delisting of thirty-eight different cryptocurrency trading pairs. OKEx directed the announcement toward its customers, explaining the delisting of multiple assets was due to their low volume and liquidity. Several notable…

How Bitcoin Could Have Become Immune to the Effects of Expiring BTC Futures Contracts

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Active cryptocurrency traders had assumed that with yesterday’s expiration of Bitcoin Futures Contracts by the CME Group, the price of BTC would experience a spike in value; and in the positive direction. At first, the social media chats on Telegram and Twitter were debating as to the exact timing of the expiration of the futures contracts. There was one camp that was without a doubt sure that the expiration was at 4pm London Time. There was also the other camp that was certain it was 22:000 UTC: six hours later.…

TRX/USD Bear Breakout Pattern, Liquidation at 1.5 Cents

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Latest Tron News The Tron network describes itself as a protocol that is laying down the infrastructure for a truly decentralized internet. Like other smart contracting and dApp development platforms, it relies on blockchain. What’s more, the team behind this network is keen on expanding and on-boarding as many developers as possible. Read: Tom Lee: Crypto Is Bent Not Broken, Plenty of Room to Grow For those who don’t believe, #TRON has continuously kept their promise on deliverance. –#DEX rollout was successful. – Processing over 1.9 million tx’s in a…

Ethereum (ETH) Co-Founder Vitalik Buterin, Awarded Honorary Doctorate by the University of Basel

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Yesterday, Friday 30th November 2018, the University of Basel held its 558th annual Dies Academicus ceremony. Founded in 1460, the University hosts this event to honor various deserving individuals for their contributions in academia and society. The recipients of this year’s awards were also made honorary doctors. Awardees during this year’s ceremony were as follows: Ethereum co-founder, Vitalik Buterin Hospice founder, Verena Grether Medical Engineer, Robert Riener Federal Judge, Thomas Stadelmann Neuroscientist, Thomas R. Insel Theologian, Hans-Martin Barth Illustrator, Armin Coray Economist, Beatrice Weder di Mauro who was also awarded…

Dan Larimer Project Hopping Ruffling for EOS Investors

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Overly, market participants are apprehensive and after 11 months of straight losses, traders are cautious to commit until clear bull signals print. Stellar Lumens look likely to expand thanks to rejection of lower lows below 15 cents. Meanwhile, the uncertainty around EOSIO and Dan could fuel losses towards $1.5. At the same time, Monero support from Ledger Nano S might buoy prices slowing down losses. Let’s have a look at these charts: EOS Price Analysis Dan Larimer is at it again. Less than one year at EOSIO, he now plans…

Bitcoin, Ripple, Ethereum, Bitcoin Cash, Stellar, EOS, Litecoin, Cardano, Monero, TRON: Price Analysis, December 1

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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.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. After the first signs of recovery, the opinion is divided on the current pullback in the market. Some say that it is only a dead cat bounce, while others believe that it is the start of a base building process that will result in a…

“I want People to Think Binance as a Verb” says CZ

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After severe draw downs that has so far clipped investor confidence, the founder of Binance Changpeng Zhao is confident of what next year holds. Of course much has been talked about entry of institutional investors and facilitators—read Fidelity, NASDAQ and others. Though next year might be the year of adoption–and that is the main reason why Binance is expanding, there should be increasing demand in lower time frames. At the moment, that is not happening. Latest Bitcoin News Well, the last 11 months has been nothing but one unidirectional move…

Bitcoin is on the Verge of Falling Apart, Says Paul Donovan

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Paul Donovan recent bearish remarks for Bitcoin is an attempt to bury the top-ranking cryptocurrency for good. UBS Executive Sounds the Death Knell for Bitcoin According to CNBC, Paul Donovan, Chief Economist of UBS Global Wealth Management, stated that he didn’t have any praises for Bitcoin, instead, was ready to bury the number one virtual currency. The UBS executive also declared that it was time to discard digital currencies, as they were “nearing the end of the road.” The Chief Economist believes that the top cryptocurrency is on the verge…