How Bitcoin Can Solve the Automation Crisis

How Bitcoin Can Solve the Automation Crisis December 10, 2018 by Evan Faggart Automation has become a big fear in developed economies over the last few years. With the threat of huge waves of unemployment — coming from machines replacing human jobs — many people have taken up the fight against automation. But does automation really cause permanent unemployment? And can Bitcoin help reduce the pain of automation? Also read: Stablecoins: Bad Money For the Modern Age Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders &…

Regulators in Malaysia have given oversight regarding the regulations of ICOs and Crypto trading

The regulation of cryptocurrencies have been moving in Malaysia According to the Bank of Negara in Malaysia the Securities Commission in Malaysia have issued a joint statement regarding the elaboration of its policies, for the applicable regulations regarding Cryptocurrencies and ICOs.  The Malaysian regulatory institutional bodies have provided details regarding its intentions to regulate digital trading of assets. This was in order to protect the interest of investors and to promote fair orderly trading business platforms. In a statement that was issued by the Securities Commission in Malaysia (SC) and…

Malaysia agrees on pushing forward with regulations of ICOs and Crypto trading

Regulations of cryptocurrencies continually develop in Malaysia According to the Bank of Negara in Malaysia the Securities Commission in Malaysia have issued a joint statement regarding the elaboration of its policies, for the applicable regulations regarding Cryptocurrencies and ICOs.  The Malaysian regulatory institutional bodies have provided details regarding its intentions to regulate digital trading of assets. This is in order to protect the interest of investors and to promote fair orderly trading business platforms. In a statement that was issued by the Securities Commission in Malaysia (SC) and the Bank…

Crypto Market Update: Stellar (XLM), Bitcoin Cash, Tron (TRX), ADA Price Analysis

Key Points The total crypto market cap recovered above $105.00B, but struggled near $113.00B. Stellar (XLM) price is up around 2%, but it is facing sellers near $0.1250. Bitcoin cash price is back above the $100 level and it could correct towards $115. Tron (TRX) is struggling to move past the $0.0150 resistance level. Cardano (ADA) price is consolidating above the $0.0300 support level. Bitcoin cash recovered and surpassed the BCHSV value. Stellar (XLM), Tron (TRX) and Cardano (ADA) are up around 2% with a minor bullish angle. Bitcoin Cash…

How adopting crypto in remittances can save India $4 billion

In a recent report by the World Bank, India will continue to lead other countries in remittances this year. The report revealed that in 2018, Indians working overseas sent home 80 billion U.S dollars. With the sending being facilitated by various financial institutions, adopting crypto in the remittance process could have saved the $4 billion spent as service fees. Sending money internationally involves middlemen who masquerade as financial institutions and who take a share of the money being sent. Additionally, these financial institutions take days to approve these transactions making…

Ethereum Price Analysis: ETH Bullish Above $98 and Bearish Below $88

Key Highlights ETH price recovered recently, but it faced sellers near the $98 level against the US Dollar. There is a crucial contracting triangle formed with support at $88 on the hourly chart of ETH/USD (data feed via Kraken). The pair may continue to trade in a range below $98 before the next move either above $98 or below $88. Ethereum price is facing many key hurdles against the US Dollar and bitcoin. ETH/USD must break the $98-100 barrier for a solid upward move in the near term. Ethereum Price…

The SEC gives a $50,000 fine to dela​ware​-based crypto Investment fund

There was a meeting in the United States Securities and Exchange Commission (SEC) that issued a cease and desist order on some cryptos. Giving a penalty of $50,000 against Delaware-based crypto asset funds firm, that goes by the name CoinAlpha Advisors LLC. The SEC has provided securities law for the crypto SEC and has charged the CoinAlpha Advisors to be able to act in a way that unregistered security will be achievable. It is said that the highlights that the company has now in question have highlighted the accused company…

The SEC fines a Dela​ware​-based crypto Investment fund $50,000

A meeting by the United States with the Securities and Exchange Commission (SEC) has seen the commission issue a cease and desist order on a few crypto assets among which is a penalty of more than $50,000 to a Delaware-based crypto asset funds firm, that goes by the name CoinAlpha Advisors LLC. The SEC, which is currently looking to provide securities law for the crypto sector has charged CoinAlpha Advisors for offering unregistered securities. It is said the accused company has violatted the SEC laws by offering securities through interstate…

Report: South Korea leading the crypto & blockchain adoption race

For South Korea, crypto & blockchain adoption has been among the top items on its to-do list. With a population of approximately 50 million people, South Korea is among countries that lead in crypto & blockchain adoption and it is still well on the way of sustaining the lead. Recently, Cindicator, a platform that combines market analysis and machine learning for financial analytics, published a report ‘Korean Market Analysis’ confirming the leading role that South Korea has occupied in terms of crypto & blockchain use cases. The analytics platform took…

Report: South Korea leading the crypto and blockchain adoption race

For South Korea, crypto and blockchain adoption has been among the top items on its to-do list. With a population of approximately 50 million people, South Korea is among countries that lead in crypto & blockchain adoption and it is still well on the way of sustaining the lead. Recently, Cindicator, a platform that combines market analysis and machine learning for financial analytics, published a report ‘Korean Market Analysis’ confirming the leading role that South Korea has occupied in terms of crypto and blockchain adoption and use cases. The analytics…