The post [Guest Post] With Stablecoins Becoming a Mainstream Currency, Not-For-Profit Element Zero Developing a Transformative Stablecoin Platform that Solves the Stability and Liquidity Issues Affecting the Current Stablecoin Market appeared first on CoinReport.
Analyst Mark Dow, the trader who closed his short position after bitcoin fell 80 percent last year, doubts whether Bitcoin will ever attain a broader adoption. Bitcoin-Short Trader Bearish on Future of Crypto Adoption Mark Dow, a former International Monetary Fund (IMF) economist, said in a tweet that the world’s leading digital currency “lacks a credible
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Blockchain — which has been hailed as a game-changing technology that could revolutionize whole industries — will be so commonplace in 2019 that it’ll become “boring,” according to the MIT Technology Review. “In 2017, blockchain technology was a revolution that was supposed to disrupt the global financial system,” the Technology Review claimed. “In 2018, it was
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Research suggests that when it comes to covering bitcoin, bad news sells. According to a study conducted by blockchain firm Clovr, the coverage of bitcoin by the mainstream media peaked at the time when the cryptocurrency fell from its all-time high at the beginning of this year. While coverage of bitcoin by the mainstream media
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Ohio will become the first state in the US to officially accept tax payments in bitcoin, according to a Wall Street Journal report. Beginning this week, businesses who plan to make settlements for their taxes with bitcoin can visit OhioCrypto.com and register to pay all their corporate taxes to the government in BTC. The state government
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Balaji Srinivasan, a prominent venture capital investor and the chief technical officer at Coinbase, said that crypto is entering the tech mainstream. “Sundar Pichai & Sergey Brin’s sons are both mining crypto; Facebook is doing blockchain; Square open sourced some nice cold storage code; Microsoft, Amazon, Google Cloud all have blockchain efforts; crypto is entering
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Celebrities and cryptocurrency have a long and complex history together. Seemingly everyone from boxers to rappers has publicly supported or even endorsed various types of cryptos, from ICOs to bitcoin proper. DJ Khaled and Floyd Mayweather have even been sued over their alleged misrepresentations regarding an ICO they promoted called Centra Tech whose operators were later
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The big four accounting firms are pouring more resources into blockchain technology now more than ever, and now Ernst & Young (EY) has just deepened its commitment. The global professional services firm has unveiled a Public Edition (PE) prototype of its EY Ops Chain, using the public Ethereum blockchain to deliver what the company describes
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Today marks the tenth anniversary of Bitcoin. One whole decade of Bitcoin and cryptocurrencies. The day when Satoshi Nakamoto released the whitepaper for the number one cryptocurrency in the world.
If you’re new to the industry and take a look at Bitcoin at the end of last year to what it is now, you might ask ‘what happened’?
Nevertheless, while the leading digital currency has been jumping throughout the $ 6,200 – $ 6,800 range for several months now this doesn’t necessarily mean the end of the world. For many investors, the market speculation is dropping and leaving behind a market which is less volatile. This could be due to the movements such as this that people in the industry think its price will at some point in the future surge.
The bigger the business or industry, the more financial services and specialization it requires. As the crypto industry grows up and more firms establish themselves, important services such as auditing and tax consultancy become increasingly necessary. Traditional auditing and consulting firms are answering the call by hiring crypto specialists in droves. According to an article
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The World Will Need A Fast Truly Decentralized Exchange To Keep Up
Recent news of TD Ameritrade’s investment in a futures exchange, Coinbase’s $ 8B valuation, and Web 1.0 mainstay Yahoo Finance, is offering a cryptocurrency chart.What does this tell the market? For starters, that crypto is steadily moving into mainstream finance.
The NYT recently served up this promotion from Visa. It’s hard to remember a time when Visa wasn’t a household name. But, if you can imagine it, even Visa was once a new technology offering faster transactions compared to the standard – at the time – check transactions. Now, consumer transactions and decentralized exchanges are very different, but the appeal is the same – fast is good, slow is bad.
One of the biggest names in financial services wants to help institutional investors add bitcoin and other cryptocurrency assets to their multi-billion dollar portfolios. Citing proven institutional demand for cryptocurrency products, Fidelity Investments, the fifth-largest asset manager in the world with 27 million clients and $ 7.2 trillion in customer assets, has announced that it will
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The use of digital currency in payments for goods and services has hit various hurdles as was seen with LitePay closing as did FuzeX recently delaying the launch of their highly anticipated debit cards. Nevertheless, the team was forced to postpone the launch after seeing hardship with being issued a Bank Identifications number (BIN) by the appropriate authorities. LitePay saw some similar setbacks as the team couldn’t get a card service provider to join up with. The CEO of LitePay, Kenneth Asare told the Litecoin Foundation earlier in the year that he had stopped all operations and was going to be selling the company.
Along with Bitcoin, blockchain is possibly one of the biggest buzzwords in the world today.
Supporters of blockchain claim that it will change everything from financial services to healthcare. Noting that its ability to function without a central authority and also being able to store data without being tampered with.
They also think it will be greatly beneficial for several industries beyond finance and healthcare but also technology, real estate and law too.
Now that the cryptocurrency market has pulled back roughly 80% from its all-time highs, the mainstream media has begun making the comparisons between the blockchain industry and the infamous dot-com bubble that saw worthless internet companies like Pets.com raise hundreds of millions of dollars before the market collapsed. A recent article by Bloomberg titled “Crypto’s […]
An American academic has written an article criticizing dominant media narratives surrounding China’s regulatory actions pertaining to cryptocurrencies. The article’s author, Nicholas Krapels, asserts that “most casual observers of Chinese politics do not understand” that “by design, Chinese law maintains a grey area” and get caught up in the “clickbait-oriented sensationalist echo chamber” of contemporary digital media.”
American Scholar Criticizes Dominant Media Narratives Surrounding China and Crypto
An article written by Nicholas Krapels – an American academic who has lived in China since 2011 whilst working towards his PhD in Chinese politics at East China Normal University, has criticized mainstream media narratives pertaining to Chinese regulatory actions regarding cryptocurrencies.
NetCents cryptocurrency credit card will be accepted at 40 million merchant locations globally in an effort to directly compete with Visa and Mastercard. The company will also integrate its loyalty programme with its crypto credit cards to encourage and reward users for spending digital currencies.
NetCents To Facilitate Seamless Crypto Spending
NetCents Technology, a Canada-based payments processing company, has unveiled its new digital currency credit-card service — which will be operational in the domestic market by Q4 2018, and the European markets by early 2019. This service has been launched to make it extremely easy for cryptocurrency enthusiasts to spend their digital currency holdings.
Mark Lyford discusses how mainstream investors’ lack of respect for cryptocurrency is something that needs to be addressed. How can crypto become a viable mainstream investment, if renowned investors don’t respect it?
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Please remember that this is not investment advice. Before you choose to invest, do your research and always remember to trade safe.
Blockchain cryptocurrency DasCoin has released a short film detailing the inspiration for the project from the viewpoint of Michael Mathias, founder and CEO of DasCoin. This is the first in a planned series of films that will explore the DasCoin blockchain ecosystem and the people who created it.
Superior Performance for Mainstream Digital Currency
The DasCoin philosophy underpinning the entire network is one of trust, better governance, and compliance with industry regulations. The digital currency delivers superior operational efficiency, wider distribution, and increased transactional capacity. The pioneering technology backs up the DasCoin ambition to become the first digital currency in the world to go mainstream. Permissioned blockchain technology and security protocols that are among the best in the industry combine to create a currency that is secure, fast and scalable.