March 7, 2019

3 Core Fundamentals Behind Twitter CEO Jack Dorsey’s Massive Bitcoin Forecast

March 7, 2019 boss

Jack Dorsey, the billionaire CEO of Twitter and Square, foresees a strong future ahead for Bitcoin and the cryptocurrency sector. On a podcast called Tales from the Crypt, Dorsey revealed that he maximizes the $10,000 Bitcoin purchase limit on Square Cash to acquire the dominant cryptocurrency. The latest episode of @TFTC21 with @jack is live now! We discuss everything from how Jack came to find & experiment with Bitcoin, the parallels between early Twitter and Bitcoin, pseudonymity, Bitcoin’s effect on the State, & much more. Peep it here:https://t.co/SMqPL7pCY5 — Marty…

3 Core Fundamentals Behind Twitter CEO Jack Dorsey’s Massive Bitcoin Forecast

March 7, 2019 boss

How Bitcoin Price Could Go Higher Because of Increased R&D

March 7, 2019 boss

Enough with institutional investments, bitcoin price may also surge higher because of an active research and development community. At least that is what a recent study by Electric Capital indicates. The San Francisco-based crypto asset management firm found that the number of developers working on public blockchains doubled since 2017. As of January 2017, there were a total of 2,190 developers working across the public coin projects. That number increased to 4,352 by the end of January 2019. The gap hinted that cryptos’ underlying technologies were being developed at a full-scale…

Financial Markets Committee Considers Requiring Identification From Crypto Users

March 7, 2019 boss

Russia’s Duma Committee on Financial Markets is considering the adoption of a mandatory identification process for users of digital assets, local news service Izvestia reports on March 7. The committee chairman, Anatoly Aksakov, revealed that the authority is planning to amend Russia’s crypto regulation, aiming to establish a special identification process for users of digital financial assets, including cryptocurrencies. According to the planned amendment, dealing with crypto by unidentified users will become illegal, Aksakov said. The chairman stressed that the new initiative is concurrent with the existing legislation against money…

BlockShow Announces New Crypto Conference in Singapore

March 7, 2019 boss

BlockShow, an international blockchain event powered by Cointelegraph, announced its new conference, BlockShow Asia 2019, which will be held at Marina Bay Sands Expo in Singapore on Nov. 14-15. The conference will focus on the most promising projects that have weathered the challenges of the recent crypto bear market. As Cryptopolitan reported in February, initial coin offerings (ICOs) are losing investor interest as much as 95 percent than last year. According to Cointelegraph, while the ICO market is currently smaller than it was in 2018, it is still larger than…

US State of Colorado to Examine Blockchain Implementation in Water Rights Management

March 7, 2019 boss

The United States state of Colorado is examining the possibility of implementing blockchain in water rights management. The corresponding bill was published on Colorado’s General Assembly website on Wednesday, Mar. 6. Senator Jack Tate (R), together with representatives Jeni James Arndt (D) and Marc Catlin (R), have filed a bill that tasks the Colorado Water Institute at Colorado State University with studying the potential implementation of the technology to manage a database of water rights. Moreover, the assembly wants to learn whether blockchain can be used to establish and operate…

Domestic Finance Watchdog Seeks Public Feedback on ICO Regulatory Framework

March 7, 2019 boss

The Securities Commission Malaysia (SC) has issued two consultation papers seeking public feedback on the regulatory frameworks for initial coin offerings (ICOs) and property crowdfunding. The request was noted in a press release published on the SC’s website Wednesday, March 6. The Malaysian SC, a statutory body responsible for the regulating and systematic developing of the capital markets in Malaysia, has invited the public to leave comments on the consultation papers by March 29, 2019. The Malaysian finance minister, Lim Guan Eng, had previously noted that the ministry saw digital…

What’s Driving Price to the Moon?

March 7, 2019 boss

A relatively silent cryptocurrency project has suddenly become a talk of the town thanks to a dramatic price rally. ABBC Coin is mooning so much that it has left even crypto hotshots like bitcoin and ethereum behind, strictly per its 24-hour performance. On Thursday, the ABBC-to-dollar rate surged as much as 65-percent. At the same time, the coin’s market capitalization more than doubled as it rose from $135.82 million to $249.74 million. The upside push helped ABBC gain entry into the top 25 cryptos club. ABBC PRICE PERFORMANCE | SOURCE:…

What’s Driving Price to the Moon?

March 7, 2019 boss

Chinese IT Giant Tencent and University of Hong Kong Collaborate on Fintech

March 7, 2019 boss

Tencent Financial Academy, a subsidiary of Chinese IT giant Tencent — signed a memorandum of cooperation with the University of Hong Kong on March 6 for joint research and development projects related to financial technology. Chinese media outlet QQ reported about the deal on March 7. The collaboration reportedly involves joint research and development of fintech projects between the financial technology and blockchain lab of the department of computer science at the University of Hong Kong in cooperation with Tencent. According to the article, the University of Hong Kong will…