The Dow and broader U.S. stock market tread water on Monday, as traders remained on the sidelines in anticipation of a slew of high-profile events later in the week. Dow Edges Higher; S&P 500 Falls Wall Street’s major indexes hovered right around break-even on Monday, which reflected a tepid pre-market for Dow futures. The Dow Jones Industrial Average edged up 15.24 points, or 0.1%, to 26,734.37. The blue-chip index was up by as much as 87 points. The broad S&P 500 Index of large-cap stocks slipped 0.1% to 2,947.06. Losses were mainly concentrated in energy, health care, and consumer discretionary
A major Australian real estate group is holding a luxury home auction that can be paid for with two cryptocurrencies. There will be a live auctioneer who will call out bids in BTC. The property owner says he wants to keep as many coins as possible.
Live Auction for Cryptocurrencies
One of Australia’s largest real estate groups, LJ Hooker, is preparing a live luxury real estate auction for cryptocurrencies with a live auctioneer. The company is working with James Pratt Auctions and blockchain company Nuyen, which will facilitate online bidding for the five-bedroom house in New South Wales, Australia. Micky media outlet reported Monday:
Ethos (ETHOS), a cryptocurrency storage and monitoring platform built on the blockchain, is now expanding on its partnership with Voyager, a cryptocurrency startup that provides retail and institutional investors with cryptocurrency trading solutions, to offer cashback on Voyager trading activity. Teaming with @investvoyager, we will offer cashback for token holders that choose to trade through Voyager’s commission-free crypto trading service. […]
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This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Games development marketplace TriForce Tokens continues to disrupt the gaming ecosystem with the development of its blockchain platform which is scheduled for deployment in 2019. A token sale
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Nexo (NEXO), a cryptocurrency-backed loan platform, announced Monday that it will soon offer 6.5% interest on major stablecoins stored on their platform. Earn 6.5% interest on your stablecoins! Nexo is introducing the only protection for stablecoins on the market by guaranteeing a 1-to-1 conversion to U.S. Dollars on any stablecoin for all Nexo Liquidity Providers @Tether_to […]
Recent news shows Delaware playing an important role in the capture of British hacker Grant West. U.K. Authorities caught West last year and recovered $ 700,000 worth of Bitcoin. The Catch According to a report by Delawareonline, undercover U.K. officials caught West last year while he was traveling by train. West was convicted of fraud, in addition
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It could soon be illegal in the world’s largest democracy to hold cryptocurrencies that lack the government’s seal of approval. According to Moneycontrol, a report which is being prepared by a committee headed by India’s Economic Affairs Secretary, Subhash Chandra Garg, may propose amendments to the existing laws with a view of making it illegal
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The world is full of Bitcoin holders, or hodlers (whatever you want to call them) but which countries are holding the most? Whilst this might not seem important, it is in fact very important. In order to see how Bitcoin might flow in the future, we need to see which areas are seeing Bitcoin as a long term investment, compared to the countries that are spending it more quickly. Those who are spending it more quickly are most likely to see adoption as the future for cryptocurrency, they are using Bitcoin as a currency and not as an investment asset.
A new August survey says the number of Australians currently holding virtual currency has nearly tripled since a similar study was carried out in January.
Nations like Malta and Switzerland often dominate headlines when it comes to cryptocurrencies.
Down under in Australia, virtual currencies are also booming as a number of entities and businesses across the country have shown a strong interest.
Queensland has been banking on crypto in order to bolster tourism. Queensland saw the Brisbane Airport become the first in the world to accept digital currency in May.
After the US government made federal workers declare cryptocurrency holdings in June this year, filings have begun to emerge about which politicians own which coins.
Filing Reveals Up To $ 30K Holdings
In a federal disclosure report August 14, Hawaii Representative Tulsi Gabbard became the latest national political figure to do so, revealing she bought Ether (ETH) 00 and Litecoin (LTC) 00 in December 2017.
According to the report, the amount Gabbard purchased could lie anywhere between $ 1,001 and $ 15,000 for each cryptocurrency.
After slipping to its intraday low around $ 6,217, Bitcoin recovered as much as 4 percent on Thursday. Comparing to the very recent price action, Bitcoin seems to have overstayed in the $ 6450-6500 area. In medium-term, the price is forming poles of bear pennants every other day. But, for now, it looks like Bitcoin is in
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On the internet, the big fish swallows up the small fish. As hard and unfair as it may sound, but this is the truth of the modern world wide web. The web was supposed to liberate us and make us free to create, converse and share, but now it is the big internet industry titans that dictate terms and conditions. Recently YouTube has change the rules of their game as well. In January 2018, Business Insider reported how anyone who has less than 1,000 subscribers and 4,000 hours of watchtime will not be able to make money from YouTube advertisements. They reported, “This cuts out lots of smaller YouTube creators who are big enough to make money from ads, but can’t meet those targets.Many small creators have discovered they will be demonetized from February because they won’t meet the standards, and feel they are being punished for the mistakes of bigger, more popular YouTubers.”
This week Dhruv Bansal the co-founder of Unchained Capital, a cryptocurrency based financial services lending firm released a research study called ‘Bitcoin Data Science: Hodl Waves’ part one. Bansal and his team analyzed the BTC network’s ledger of Unspent Transaction Outputs (UTXO) over a few years and discovered how when BTC lost a large share of value — transactions occurred less because of new investors and distinct holding periods materializing.
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