Day: March 15, 2019

Bitcoin Approaches $4,000 as the Stock Market Sees Gains

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Friday, March 15 — most of the top 20 cryptocurrencies are reporting slight to noteworthy gains on the day by press time. Bitcoin (BTC) is approaching $4,000, according to CoinMarketCap data. Market visualization from Coin360 At press time, Bitcoin is up just under one percent on the day, trading at around $3,961, according to CoinMarketCap. Looking at its weekly chart, the current price is just about three quarters of a percent higher than $3,928, the price at which Bitcoin started the week. Bitcoin 7-day price chart. Source: CoinMarketCap As Cointelegraph reported earlier…

Coincidence? Bitcoin (BTC) Prices Up After Mark’s Judgment

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Bitcoin prices up 1.4 percent in last week Mt Gox founder serving 2.5 years suspended sentence Participation picks up, BTC could print higher in days ahead. Mark is a free man, and despite heavy losses ordinary investors had to shoulder, a Japanese court remained lenient. All the same, it appears as if Bitcoin prices are on a recovery path and it is what investors want to see. Bitcoin Price Analysis Fundamentals After four years of investigation, it was time for Mark Karpeles to face the law. Appearing before a Japanese…

SEC’s Finhub to Host Public Forum on Blockchain, Digital Assets in May

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United States regulator the Securities and Exchange Commission (SEC) has announced that it is hosting a public forum on distributed ledger technology (DLT) and digital assets this May. The news was revealed in an SEC press release today, March 15. The commission’s Strategic Hub for Innovation and Financial Technology (Finhub) has organized the event — dubbed the Fintech Forum — which will take place on May 31, 2019. The press release reports that the forum will include industry experts as panelists and is “designed to foster greater communication and understanding…

CBOE Discontinues Bitcoin Futures – for Now

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The Chicago Board Options Exchange (Cboe) has announced that it is dropping any new bitcoin futures contracts this month. The decision may have been necessitated by low trading volumes. Cboe indicated that its CFE futures platform was currently pondering its position on cryptocurrency derivatives trading. Also read: Canadian Capital Market Regulators Mull New Cryptocurrency Rules Cboe Considers Future of Bitcoin Futures In a statement on March 14, the exchange revealed: “CFE is not adding a Cboe Bitcoin (USD) (“XBT”) futures contract for trading in March 2019. CFE is assessing its…

CBOE Discontinues Bitcoin Futures – for Now

boss

The Chicago Board Options Exchange (Cboe) has announced that it is dropping any new bitcoin futures contracts this month. The decision may have been necessitated by low trading volumes. Cboe indicated that its CFE futures platform was currently pondering its position on cryptocurrency derivatives trading. Also read: Canadian Capital Market Regulators Mull New Cryptocurrency Rules Cboe Considers Future of Bitcoin Futures In a statement on March 14, the exchange revealed: “CFE is not adding a Cboe Bitcoin (USD) (“XBT”) futures contract for trading in March 2019. CFE is assessing its…

How an 18-Year-Old Hacker Stole Millions of Yen From a Crypto Project

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According to local publications, an 18-year-old hacker stole 15 million yen, which is equivalent to $134,640, worth of a crypto asset called Monacoin. On Monappy, a platform that enabled Monacoin users to store their funds, the hacker initiated a large number of transactions in a short period of time to overload the system. Between August 14 and September 1, the hacker reportedly stole funds from 7,700 users. Join CCN for $9.99 per month and get an ad-free version of CCN including discounts for future events and services. Support our journalists…

Bittrex Exchange Nixes RAID Token Sale at 11th Hour

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Cryptocurrency exchange Bittrex said it canceled an “initial exchange offering” (IEO) just hours before it was set to launch. The RAID Project had planned to raise $6 million through the sale of a token called XRD to the exchange’s customers. But Bittrex said it called off the sale after learning that the issuer’s strategic partnership with an e-gaming data analytics company OP.GG had been abruptly terminated. That alliance “was a vital part of the RAID project,” Bittrex said in a statement. “When Bittrex International became aware of this significant event, we did…

DX Exchange and Perlin Network Bring Tokenized Apple and Facebook Stocks to Empower a vast new Population of Retail Investors on the Blockchain

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Perlin Network and DX Exchange have announced a partnership making it easy for a whole new community of retail investors to enter both the traditional securities and cryptocurrency markets by enabling the trade of major stocks in digitized form on the Blockchain.  DX Exchange is the world’s first platform that allows investors to own and trade fractional interests in traditional stocks. Other advantages include tokenized assets such as 24/7 access to markets, greater liquidity to asset , lower transaction costs, faster automated settlement, augmented compliance check security etc.  advertisement By significantly lowering…

Bitcoin Trading Volume Tops $11 Billion For First Time In Nearly a Year

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Global trading volume for the world’s largest cryptocurrency bitcoin exceeded $11 billion Friday, the most observed in a 24-hour period since April 25 of last year. At that time, the average price of bitcoin was $8,845, while today the crypto asset is listed for less than half the price, currently trading at $3,951 as per CoinMarketCap. However, the return in volume is potentially a sign investors aren’t losing interest in bitcoin despite the less than favorable market conditions. Interestingly, the amount of bitcoin trade volume had closely aligned with it’s…

Crypto.com Chain’s CRO Goes Berserk to Gain 468% in a Week

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Crypto.com Chain might be one of the only nascent crypto projects that have maintained its upside hype for a straight week. The project’s CRO token on Friday noted yet another massive movement to the upside. The CRO-to-dollar rate rose as much as 65 percent, bring the pair’s weekly return to a whopping 468 percent. In the said timeframe, the CRO price jumped from a meager $0.019 to a weekly high towards $0.108. At the same time, the CRO market cap surged from $65.736 million to as high as $428.14 million.…