Day: April 1, 2019

Paytomat and CoinLoan Have Made It Possible to Invest in Tokens Without Spending Cryptocurrency

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Investing in up-and-coming blockchain startups is now possible without selling your own cryptoassets. CoinLoan lending platform has announced a case on how to acquire tokens while HODLing due to the coming IEO token sale of Paytomat, a cryptocurrency payment solutions company. The token acquisition model proposed by the Coinloan platform offers all the participants an option to borrow fiat funds instead of spending their own cryptoassets. Due to this, the investor remains insured against an unforeseen drop in token price, which often happens in the digital asset market. Such reinsurance…

Bitcoin Awaking from Bear Slumber, For the First Time Since 2017

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For the first time since the bull market in 2017, the bitcoin price recorded two consecutive green monthly candles, which suggest that the dominant cryptocurrency may be en route to breaking its bear trend. In technical analysis, a green candle forms when an asset climbs higher from its opening price in a certain time frame. If a monthly candle closes as a green candle, it demonstrates a monthly upside price movement. Consecutive Monthly Green Candles are Positive For Bitcoin The February monthly candle of bitcoin opened at $3,434 and closed…

United Arab Emirates to Host Blockchain Aviation Conference in Abu Dhabi

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Increasing blockchain presence in aviation will form the focus of a dedicated conference in Abu Dhabi from April 2 to 4, official news portal Emirates News Agency confirmed in a press release on March 31. Promising attendance by 800 people from almost 100 countries, “Blockchain: Unlock the Potential” aims to bring the possibilities of the technology, as they extend to the aviation industry, to a global stage. The press release notes that the event is held under the patronage of His Highness Sheikh Mohamed Bin Zayed Al Nahyan, crown prince…

Ethereum-Based Prediction Market Augur Currently Faces a Design Flaw Attack

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Ethereum-based (ETH) prediction market Augur is currently facing a design flaw attack, according to research by cryptocurrency exchange Binance released on April 1. The aforementioned attack involves a controversial market described as betting on the price of ETH at the end of March, which expired on April 1, 2019, 1:59 AM (UTC +8), a few hours off from the actual end of March 31. Since the contract expires before that tie, it may be deemed invalid in what Binance researchers call a design flaw attack. The market has also been…

How Bitcoin May Surge off of Billions of Dollars From IPOs Like Lyft, Uber

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After multiple private funding rounds over half a decade, the San Francisco-headquartered Lyft, the world’s second largest ridesharing startup, took to the Nasdaq on Friday after months of media hype. While this happening has little to do with crypto on the surface, some industry commentators claim that Lyft’s initial success on American markets could bode well for Bitcoin (BTC) and other digital assets. Silicon Valley’s Biggest Startups May Go Public, Could Crypto Rally? The time has come for some of Silicon Valley’s biggest names to go public, as firms look…

It’s Already Too Late for India, Even if its Legalizes Bitcoin Exchanges

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On March 30, less than 6 months since the shutdown of India’s largest bitcoin exchange Zebpay, one of the last remaining cryptocurrency exchanges in India, Coindelta, closed down its services. In an official statement, Shubham Yadav, the founder of Coindelta, wrote that there has not been enough progress in the process of overturning the decision of the Reserve Bank of India to prohibit local banks from dealing with bitcoin and crypto-related businesses. It’s Already Too Late For the Bitcoin Industry of India The Supreme Court of India has held hearings…

It’s Already Too Late for India, Even if its Legalizes Bitcoin Exchanges

boss

On March 30, less than 6 months since the shutdown of India’s largest bitcoin exchange Zebpay, one of the last remaining cryptocurrency exchanges in India, Coindelta, closed down its services. In an official statement, Shubham Yadav, the founder of Coindelta, wrote that there has not been enough progress in the process of overturning the decision of the Reserve Bank of India to prohibit local banks from dealing with bitcoin and crypto-related businesses. It’s Already Too Late For the Bitcoin Industry of India The Supreme Court of India has held hearings…

How to Earn BCH as a Bitcoin Bounty Hunter

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Bounty hunters have been helping to bring criminals to justice since the days of the Old West, and they are still just as needed today. If you want to become a bounty hunter and get paid with cryptocurrency, you don’t even need a fast horse or a revolver these days – just useful information on some highly wanted hackers. Also Read: New BCH Apps and a Special Giveaway in This Week’s Video Update From Bitcoin.com How to Become a Bitcoin Bounty Hunter Bitcoin Bounty Hunter is a service from Bitcoin.com…

Macro Factors Setting Stage For Crypto Rally

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At long last, the crypto asset market has begun to get back on its feet after 2018’s harrowing decline. Technical indicators are seemingly falling in place for a recovery, and fundamentals have begun to present a positive precedent for Bitcoin (BTC). In fact, one analyst writes that there is currently a “perfect storm” being brewed for the leading cryptocurrency at the moment, citing the rise in certain macroeconomy trends that could be a boon for BTC. Related Reading: Survey: 72% of Institutional Investors Believe Crypto Prices Would Rise in a…

US SEC Seeks Crypto Specialist Attorney Advisor to Develop Plan for Crypto Securities

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The United States Securities and Exchange Commission (SEC) is looking to hire a crypto specialist attorney advisor for its Division of Trading and Markets (TM). The new job listing was posted on March 29 to the official government employment portal, USAJobs. The successful candidate will reportedly be tasked with establishing “a comprehensive plan to address crypto and digital asset securities” in coordination with TM staff and members of other SEC offices and divisions. The new hire would be expected to develop and maintain expert-level industry knowledge of crypto and digital…