Day: July 4, 2019

Maduro Orders Venezuela’s Biggest Bank to Accept Crypto Petro Nationwide

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The president of Venezuela, Nicolas Maduro, has announced an order requiring Banco de Venezuela —the country’s biggest bank— to open desks for transactions in Petros in each of its near 790 agencies across the country. Maduro stated: “I am giving the explicit order to open Petro transaction desks at all Banco de Venezuela agencies.” #EnVivo | Pdte. @NicolasMaduro: Doy la orden expresa para que se abran taquillas de transacciones de El Petro en todas las agencias del Banco de Venezuela#TrabajoPazYProduccion#10AñosBDV pic.twitter.com/mTMy8j2xs7 — MPPEF (@MinEcoFinanzas) July 3, 2019   The announcement…

Maduro Orders Venezuela’s Biggest Bank to Accept Crypto Petro Nationwide

boss

The president of Venezuela, Nicolas Maduro, has announced an order requiring Banco de Venezuela —the country’s biggest bank— to open desks for transactions in Petros in each of its near 790 agencies across the country. Maduro stated: “I am giving the explicit order to open Petro transaction desks at all Banco de Venezuela agencies.” #EnVivo | Pdte. @NicolasMaduro: Doy la orden expresa para que se abran taquillas de transacciones de El Petro en todas las agencias del Banco de Venezuela#TrabajoPazYProduccion#10AñosBDV pic.twitter.com/mTMy8j2xs7 — MPPEF (@MinEcoFinanzas) July 3, 2019   The announcement…

Major Chinese Financial News Provider Quietly Adds Crypto Index

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Sina Finance, a finance-focused website owned by China’s major tech company Sina Corp, has added crypto index into its mobile app, China-focused online Twitter resource Cnledger reported on July 3. The new index on China’s major financial news channel provides data on prices and performance of major cryptocurrencies such as bitcoin (BTC), bitcoin cash (BCH), litecoin (LTC), XRP, and ether (ETH), according to a mobile app screenshot provided by Cnledger. Screenshot of Sina Finance’s Crypto Index on Mobile. Source: Cnledger The new crypto index is only available on the Sina…

Altcoin Apocalypse Coming: 3 Reasons Leading to a Brutal Altcoin Reckoning

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As bitcoin roars back into a bull market, traders are eagerly awaiting “alt-season,” a parabolic jump in altcoins that historically follows bitcoin’s rise. But they’re going to be disappointed. There won’t be an alt season in this hype cycle. Not like 2017, anyway. Altcoins like XRP, EOS, XLM, BSV and many others in the top 20 will drastically underperform bitcoin in this bull run unless they make a major real-world breakthrough. And hundreds of altcoins will disappear completely. Here’s why: The narrative has switched to “bitcoin, not blockchain.” Incoming institutional…

Bitcoin Price Will Hit $100,000 by the End of 2021

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Anthony “Pomp” Pompliano is 75% confident that by the end of 2021 Bitcoin will be traded at $100,000 price level. Nevertheless, according to him, this way will be full of ups and downs. This year it has become obvious that the crypto winter is already over. This fact encouraged many experts to make very optimistic forecasts about the prices of cryptocurrencies. One of them, Anthony Pompliano, who is also known as just Pomp and is one of the founders of crypto asset management firm Morgan Creek Digital Assets, believes that…

Six Years After First Bitcoin ETF Filing, How Close are We For One?

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It seems inevitable that two of the financial world’s hottest trends would cross roads with each other. For bitcoin enthusiasts and investors looking to benefit from the growing popularity of exchange-traded funds (ETF), the possibility of a derivative that tracks the value of cryptocurrencies is the best chance for connecting the two worlds. But the chair which holds power to approve a bitcoin-based ETF is uncertain about its real-world prospects. The Securities and Exchange Commission (SEC), the US securities regulator, is hesitant to allow a nascent and mostly unregulated market…

Bitcoin Could See ‘Fireworks’, $50,000 Closer Than You Think

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Bitcoin Recovers to $12,000, Lee Expects Further Gains It’s July 4th. You know what that means — fireworks, fireworks for Bitcoin (BTC) that is. According to a recent tweet from Thomas Lee of Fundstrat Global Advisors, the leading cryptocurrency may soon “see fireworks”, which, in the context of his Twitter timeline, suggests a strong move higher in the near future. Case in point, in the tweet, Lee explained that since crossing above $10,000, the cryptocurrency market has been graced with “Level 10 FOMO”, which is a level of positive sentiment…

Bitcoin Could See ‘Fireworks’, $50,000 Closer Than You Think

boss

Bitcoin Recovers to $12,000, Lee Expects Further Gains It’s July 4th. You know what that means — fireworks, fireworks for Bitcoin (BTC) that is. According to a recent tweet from Thomas Lee of Fundstrat Global Advisors, the leading cryptocurrency may soon “see fireworks”, which, in the context of his Twitter timeline, suggests a strong move higher in the near future. Case in point, in the tweet, Lee explained that since crossing above $10,000, the cryptocurrency market has been graced with “Level 10 FOMO”, which is a level of positive sentiment…

Bitcoin Eyes Independence Day Price Gains for Fifth Year Running

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View Bitcoin could rise above $12,000 with the daily chart reporting a bullish reversal. A high-volume bullish breakout on the hourly chart indicates scope for a rise to the bearish lower high at $12,448. BTC could yet post losses today, however, if prices find acceptance below key support at $11,385. Bitcoin (BTC) looks set to close in the green on U.S. Independence Day for the fifth consecutive year, having recovered nearly 25 percent from recent lows. The top cryptocurrency by market capitalization rose 1.17, 1.79, 3.35 and 1.67 percent on…

Developing the ICO AI Auditing Framework: an update

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Simon McDougall, Executive Director for Technology and Innovation reflects on the progress made in developing the ICO approach to auditing Artificial Intelligence (AI), and some of the broad themes emerging from the feedback received so far.  We launched this blog in March to provide regular updates on the development of the ICO Auditing Framework for AI, and encourage organisations to engage with us on this work. Since then we have set out the proposed overall structure of the framework, and explored the data protection challenges and possible controls in relation…