Day: August 5, 2019

Thailand Gov’t Will Amend AML Laws to Regulate Cryptocurrency

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A Thai regulator announced that the regulator will amend regulation to prevent crypto use for illicit activities, English-language local news outlet BangkokPost reports on Aug. 5. AMLO to focus on cryptocurrencies Per the report, Acting secretary-general of the Thai Anti-Money Laundering Office (AMLO), Pol Maj Gen Preecha Charoensahayanon, stated that cryptocurrencies will be used for money laundering.  For this reason, he reportedly announced that AMLO will also focus on amending existing anti-money laundering regulations to prevent the use of digital currencies for illegal activities in the near future. Data sharing…

How a Bitcoin Trading Platform Can Help You when Investing

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If you decide to invest in Bitcoin, one of the first things you should do is to find the best Bitcoin trading platform to smoothly and easily transit into the world of cryptocurrency. These past few years is perhaps the most important for cryptocurrencies. We’ve seen the development of cryptocurrencies soar, with Bitcoin leading the pack. In 2017, Bitcoin became at the forefront of all cryptocurrency discussions world. Whether it’s in the news, magazines, or on the internet, Bitcoin is the talk of the town. With this increased interest, it…

Vancouver’s University of British Columbia Launches Canada’s First Graduate Blockchain Training Programmes

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The University of British Columbia (UBC) is launching Canada’s first blockchain and distributed ledger technology training path for graduate students. “As the country’s first graduate blockchain learning path, the initiative is transformative to the blockchain sector in Canada and beyond,” said Victoria Lemieux, UBC iSchool associate professor and [email protected] cluster lead. “The initiative will allow students to develop the skills around emerging technologies that are in high demand as well as drive economic growth as graduates fill the void in the industry.” advertisement The training path will focus on four primary sectors: health and wellness, clean energy,…

Current Bitcoin Price Rally Could Have ‘Real Legs’ — Novogratz

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Galaxy Digital CEO Mike Novogratz says that Bitcoin’s 2019 rally could have “real legs” given today’s turbulent macroeconomic and geopolitical landscape.  In a tweet posted on Aug. 5, Novgoratz remarked that: “With the yuan over 7.0, an FX war, instability in HKG and the beginnings of capital flight, $Btc rally could have real legs.” ‘May you live in interesting times’ Amid a protracted trade war with the United States, China has this week redoubled its own antagonistic policies in response to recent fresh tariff threats from U.S. President Donald Trump: first, by…

Bitcoin Price Is Creeping Slowly Back Up. Is It a New Hope Phase?

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Bitcoin Price Is Creeping Slowly Back Up. Is It a New Hope Phase? August 5, 2019 by Ramiro Burgos What a wild week! Well, not at all really. The bitcoin price has gone lateral while creeping slowly back past the $11,000 USD level. Offer and demand are balancing to consolidate a new Hope psychological stage. Read our latest weekly technical analysis to find out more. Also read: Bitcoin Price Goes Bearish as Media Squishes Enthusiasm Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts Bitcoin Price Technical Analysis…

Bitcoin, Ether, and XRP Weekly Market Update August 5, 2019

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The total crypto market cap added $39 billion to its value during the last seven days and now stands at $306 billion. The top 10 currencies are all in green for the same time frame with Bitcoin (BTC) gaining 21 percent while Bitcoin Cash (BCH) added 11 percent to its market cap. At time of writing bitcoin (BTC) is trading at $11,663 while ether (ETH) stands at $228. Ripple’s XRP climbed up to $0.312. BTC/USD Bitcoin almost broke below the $9,000 support line on Sunday, July 28, and was trading as low as…

Former Trump Strategist Steve Bannon

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Former White House Chief Strategist, Steve Bannon, has expressed his views about the potential power of Bitcoin and blockchain, as a key part of a Global revolt.   Stephen Bannon, the popular former Chief Strategist for the Donald Trump administration, has said that for him, Bitcoin is key to a “global populist revolt”. He expressed this view on Friday the 2nd of August, during an interview on CNBC’s Squawk Box, a morning business, politics news, and talk show. BTC is a Part of the Revolt Bannon, who is also the…

Tron’s New Sun Network Going Live This Week Promises ‘Unlimited Capacity’

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Blockchain platform Tron’s founder, Justin Sun, announced that the first version of the Tron (TRX) scalability solution called “Sun Network” will be released on Aug. 10, in a tweet published on Aug. 4. 100x scalability for the Tron blockchain In his tweet, Sun claimed that the first version of the network will allow for 100x scalability and the building of decentralized applications on sidechains.  According to the Sun Network’s official website — to which Sun’s tweet linked — the new sidechain system will feature free transactions, 100 times lower fees,…

Mastercard Hints at Future Crypto Wallet Product with New Job Listings

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Mastercard appears to be angling to enter the crypto wallet space with new job ads for blockchain and cryptocurrency-related product development. According to updated job listings from the payments giant as of August 2, the company is seeking to hire for the following roles:  “Director, Product Management – Crypto Currency/ Wallets, Director, Product Development & Innovation – Blockchain Solutions Architect, and VP, Product Management – Blockchain/Crypto.” A bid for the crypto wallet space? Two of the new roles — the future director of product management for cryptocurrency/wallets and future VP…

Litecoin Price Fails to Pass $100 on Day of Halving

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All eyes were on Litecoin (LTC) price August 5 as its block reward halving failed to excite markets and produce gains for investors.  Litecoin 7-day price chart. Source: Coin360 LTC gains fail to materialize Data from Coin360 showed Litecoin, which is the fifth-largest cryptocurrency by market cap, trading at around $94 Monday, just one hour before the halving. Once the process completes, miners will gain just 12.5 LTC per block of mined transactions, instead of the current 25 LTC. While not guaranteed, this increased scarcity has the ability to push…