January 16, 2019

New York-based Asset Management Firm Files for Bitcoin ETF

January 16, 2019 boss

Wilshire Phoenix, a New York-based Asset management firm, has filed for an ETF which will store bitcoin, treasury bills and the US Dollar, January 15, 2019. Coveting the ETF The journey to finally getting a Cryptocurrency ETF has been a long and elusive one. Many firms have pursued and applied to the SEC for ETF approval, with many being rejected. Despite this, yet another firm has thrown its hat into the ring as Wilshire Phoenix, an asset management firm based in New York, has announced that they are pursuing a…

ICO Tokens Allocated by Teams to Themselves Lost 54% of $24 Bln Value

January 16, 2019 boss

The value of tokens that over a hundred of initial coin offering (ICO) teams have allocated to themselves has decreased by 54 percent from the initial figure of $24 billion. This was revealed in the latest research by cryptocurrency exchange BitMEX published Jan. 16. BitMEX has conducted a research of the ICO market in collaboration with analytics firm TokenAnalyst, looking into treasury balances of more than a hundred projects on the Ethereum (ETH) network. The analysis reportedly made use of machine learning techniques and was based on the interpretation of…

China Gov’t Tightens Blockchain Rules, But It’s Not That Simple

January 16, 2019 boss

China Gov’t Tightens Blockchain Rules, But It’s Not That Simple January 16, 2019 by Robert DeVoe The Chinese government’s top internet watchdog has finalized a new set of blockchain rules. The new regulations will force local blockchain platforms and related companies to “censor content” and “allow authorities access to stored data and … the identity of users.” Yet blockchains are designed to foster psuedoanonymity and to be censorship resistant. Will the new laws lead to a rift between Chinese blockchains and the rest of the world? Also read: How Your Bitcoin…

China Gov’t Tightens Blockchain Rules, But It’s Not That Simple

January 16, 2019 boss

Why Ford Believes Blockchain Can Help Fight Child Labor

January 16, 2019 boss

Ford has partnered with IBM to use blockchain to fight child labor in the cobalt mining industry. | Source: Shutterstock Automotive giant Ford has entered a partnership with IBM, Huayou Cobalt, and LG Chem to build a blockchain platform to monitor the supply of cobalt from the Democratic Republic of Congo as part of an attempt to ensure that child labor does not make up any part of its supply chain. Ford & IBM Partner to Monitor Cobalt Mines Announced on Wednesday, the project, which will be managed by the…

What UK Bitcoin Investors Should Know as Tax Deadline Approaches

January 16, 2019 boss

Taxes The deadline for submitting tax returns in the UK is Jan. 31, 2019. If you hold investments in bitcoin or any other cryptocurrency it is important to be aware you may owe corporation tax, income tax, or capital gains tax depending on your activities. The U.K.’s HM Revenue and Customs (HMRC) has shared its most recent guidelines. Also read: Cryptocurrency and Taxes: How to Use 2018’s Losses to Your Advantage Get Ready, Set, File The last 18 months have been quite a rollercoaster ride for cryptocurrency investors. There could be another…

Bitcoin, Ripple, Ethereum, Bitcoin Cash, EOS, Stellar, Litecoin, Tron, Bitcoin SV, Cardano: Price Analysis, Jan. 16

January 16, 2019 boss

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. Although cryptocurrency prices have so far been unable to stage a recovery, the companies in the industry are still launching products that are required by the institutional players. Cryptocurrency asset manager LedgerX has launched a Bitcoin (BTC) price volatility index called LedgerX Volatility…

XRP and xRapid Success Disprove Critics

January 16, 2019 boss

Ripple price steady and bullish Brad Garlinghouse’s pride, xRapid gaining traction Transaction volumes thin as XRP consolidates inside Jan 14 high low Prices may be all over the place and consolidating inside Jan 14 bull bar but our last XRP/USD price analysis remain the same. As long as XRP prices trend above 30 cents, bulls have a chance to rally—thanks to increasing adoption of xRapid. Ripple Price Analysis Fundamentals Sometimes back, news had it that Ripple may be in advanced stages preparing to roll out a product called Convergence. By…

ConsenSys Joins News Industry Leaders to Invest in New WordPress Publishing Platform

January 16, 2019 boss

Blockchain tech firm ConsenSys has joined news industry leaders to contribute to the creation of a new revenue-generating news platform by WordPress, according to an official press release published on Jan. 14. ConsenSys has invested $350,000 in the new WordPress project called Newspack, an open-source publishing platform for news companies. Through the investment, the major global blockchain company has joined leading industry organizations such as Google News, The Lenfest Institute for Journalism and The John S. and James L. Knight Foundation. In total, WordPress’ parent company Automattic and its partners…

ETH Calm A Day After Constantinople Delay

January 16, 2019 boss

Ethereum price steady Constantinople fails to take off, vulnerabilities discovered Trading volumes low, ETH/USD may consolidation Even though Constantinople is what Ethereum needs, this is the second time the upgrade has been put off. Luckily, ETH prices are steady against the USD. Before we recommend longs, ETH must first rally above Dec 2018 highs of $170 Ethereum Price Analysis Fundamentals It is official, Constantinople is off. However, how the Ethereum Foundation and other developers failed to spot a weakness allowing Chain Security, to successfully split open the underlying code and…