Day: August 20, 2019

Bakkt Is to Keep Pushing Bitcoin Even Further

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Owner of the New York Stock Exchange, International Exchange, will finally start offering futures contracts paid out in Bitcoin, starting September 23. We have already reported that ICE said they won the authorization from the New York State Financial Services Department to hold investors’ digital coins. The company’s Bakkt exchange will offer the contracts and hold the cryptocurrency. The futures contracts are all certified by the US Commodity Futures Trading Commission. This announcement pushed Bitcoin even further into the institutional investing sector, that in times before wasn’t really eager, mostly…

Japan’s Largest Gift Card Marketplace Launching Blockchain Gift Cards

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Japan’s largest gift card platform Amaten will issue tokenized gift cards in partnership with blockchain network provider Aelf. United Kingdom news outlet Verdict reported on Aug. 20 that Amaten partnered with Aelf — one of the 30 blockchain providers certified by the China Electronics Technology Standardization Institute — to issue gift cards on the blockchain. Amaten plans to build its framework on top of Aelf’s platform to tokenize its gift cards, enabling them to be exchanged and managed on the blockchain. Gift cards and blockchain: “a completely natural fit” This initiative…

BiboxEurope Adds Another Milestone: Credit Card Insta-Buy

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In less than a month of its launch, BiboxEurope – the European arm of AI-enhanced digital asset exchange platform Bibox has added another feather to its cap by announcing the launch of its Insta-Buy feature. The new feature will now enable BiboxEurope users to buy cryptocurrencies from within the platform using well-known credit cards. The Insta-Buy feature on BiboxEurope went live on August 20, 2019, initially supporting the purchase of Bitcoin (BTC) and Ethereum (ETH) with EUR and GBP. Currently, the platform will accept credit cards operating on VISA and…

SEC Asset Freeze Caused ‘Significant Harm’ to Holders, Says Veritaseum

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The chief defendant in an alleged $15 million initial coin offering (ICO) fraud case has submitted a formal reply to the United States Securities and Exchange Commission (SEC).  On Aug. 20, Reginald Middleton shared a copy of a memorandum of law against the agency’s application for a preliminary injunction to continue a temporary asset freeze against him and affiliated entities.  As reported, the SEC’s injunction implicated Middleton, together with the New York company Veritaseum Inc. and the Delaware-based company Veritaseum LLC.  The case The SEC’s case against Middleton and Veritaesum…

Buy Gold as Bitcoin Price Rises, Central Banks Cut Rates

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Veteran frontier markets investor Mark Mobius suggested that cryptocurrencies will boost the price of gold.  Canadian finance news outlet BNN Bloomberg interviewed Mark Mobius on Aug. 20. The legendary investor believes cryptocurrencies will help the rise of gold. He explained:  “You have all these currencies, new currencies coming into play. […] I call them ‘psycho currencies,’ because it’s a matter of faith whether you believe in Bitcoin or any of the other cyber-currencies. I think with the rise of that, there’s going to be a demand for real, hard assets,…

Crypto Project: How to get the most out of your community?

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In this article I would like to focus my attention on community rewarding features, that every project can bring up to the table. What is the best balance? between rewards, community members gained and value received from them? I would love to compare it to the airdrop and bounty programs that we can think of as an alternative. Airdrops Airdrop is a very well known method how to attract more people into your project. Thanks to airdrop your community numbers will boost, but for what cost? In modern world there…

Bitcoin Price Fails to Break Through $11K — Altcoin Bull Run Fizzles

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Bitcoin (BTC) price slid from levels near $11,000 Aug. 20 as momentum which sparked bullish sentiment at the start of the week fizzled. Market visualization. Source: Coin360 Bitcoin lingers below $11K resistance Data from Coin360 showed BTC/USD abandoning its shot at passing $11,000, having risen from levels near $10,700 on Monday. The pair was trading back at those levels at press time, having dropped $350 over the past few hours.  24-hour gains for Bitcoin thus remained tapered at 2%, while weekly performance still revolved around an overall loss of nearly…

New Bitcoin Network Hash Rate High Suggests Price Is Next

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The Bitcoin (BTC) hash rate has broken yet another new all-time high, according to Aug. 19 data from monitoring resource Blockchain.com. The top coin’s hash rate has continued to break previous records throughout summer, today hitting an whopping 82.5 TH/s. Bitcoin network hash rate, 1-year chart. Source: blockchain.com Network Fundamentals The hash rate of a cryptocurrency — sometimes referred to as hashing or computing power — is a parameter that gives the measure of the number of calculations that a given network can perform each second. A higher hash rates…

Legendary Investor Bashes ‘Psycho-Currency’ Bitcoin, Then Accidentally Makes Crypto Case

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Mark Mobius, founding partner of Mobius Capital Partners claims bitcoin’s emergence will further drive investors to gold. | Source: REUTERS/Francis Mascarenhas By CCN Markets: Mark Mobius, the legendary emerging-markets investor and founder of Mobius Capital Partners, referred to bitcoin as a “psycho-currency” on Tuesday in an interview with Bloomberg. He claimed the rise of “faith-based” cyber-currencies would ultimately push investors towards hard assets like gold. “You have all these new currencies coming into play. I call them psycho-currencies because it’s a matter of faith whether you believe in bitcoin or…

Legendary Investor Bashes ‘Psycho-Currency’ Bitcoin, Then Accidentally Makes Crypto Case

boss

Mark Mobius, founding partner of Mobius Capital Partners claims bitcoin’s emergence will further drive investors to gold. | Source: REUTERS/Francis Mascarenhas By CCN Markets: Mark Mobius, the legendary emerging-markets investor and founder of Mobius Capital Partners, referred to bitcoin as a “psycho-currency” on Tuesday in an interview with Bloomberg. He claimed the rise of “faith-based” cyber-currencies would ultimately push investors towards hard assets like gold. “You have all these new currencies coming into play. I call them psycho-currencies because it’s a matter of faith whether you believe in bitcoin or…