#1 Source For Bitcoin And Altcoin News
In a move that will surely raise a few eyebrows, rideshare behemoth Uber is bolstering its helicopter service. This month, those with the means will be able to hail an Uber helicopter to go from Manhattan to JFK in under 10 minutes. Starting this month, Uber is offering helicopter rides in New York City pic.twitter.com/lju3K3WxqC […]
The post Uber Expands Helicopter Rides. Here’s Why It’s a Bullish Sign appeared first on CCN Markets
By CCN Markets: Most analysts think Donald Trump would rather ink a trade deal with China than let the stock market fall. But the big question is, how far would the Dow Jones and S&P 500 have to collapse before Trump steps in? According to a survey by Bank of America Merrill Lynch, the key level for money managers is the December 2018 stock market low. Dow Jones crisis point – 21,792 S&P 500 crisis point – 2,351 Trump will sign trade deal if Dow falls 16% The survey, which polled US money managers with a total $ 528 billion under
By CCN Markets: The stock market is in the silly season when IPOs of companies that have no history of profits are soaring. The last time the stock market saw this behavior was when the dot-com bubble burst in 2000. Frothy IPOs aren’t the only reason for concern. The dot-com bubble stock market was the most expensive market in history. Today, the stock market is at its third most expensive valuation in history. You Can’t Ignore This Sign of a Stock Market Top Why are frothy IPOs a sign of a market top? As valuations get stretched in favorite existing
Six months in and initial exchange offerings (IEOs) are refusing to die. Following a year of ICO stagnation in 2018, it appeared that the crypto crowdfunding bubble had popped, sending tokenized projects back to the drawing board. Instead, the medium has been reborn under a different banner. In 2019, IEO token issuance is all the rage, but how long will the trend last?
Also read: Coinbase Launches Crypto Debit Card in 6 European Countries
Five cryptocurrency exchange operators including Coincheck have signed up to self-regulate under Japanese law. They have joined the self-regulatory association which, until now, has only accepted regulated crypto exchanges as members. According to Japan’s top regulator, companies seeking to register their exchanges in the country must follow to self-regulatory rules.
Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations
The Japan Virtual Currency Exchange Association (Jvcea), currently the only self-regulatory organization (SRO) in the Japanese cryptocurrency space, announced on Friday that five cryptocurrency exchange operators have joined the association.
The European Commission, the EU’s executive body, is launching a blockchain app association next year and already has major banks on board.
CoinDesk
The post Rwandan govt., Overstock subsidiary Medici Land Governance sign MOU to implement blockchain property rights, land governance management appeared first on CoinReport.
The cryptocurrency markets have made headlines for their volatility, which has caused wild price swings, which has led to opportunities for a tremendous amount of both profit and loss. However, that does seem to be changing, as the most well-known digital currency in the world seems to be going through a quiet phase. Specifically, Bitcoin
The post Bottomed? Bitcoin is Quieter Than Ever with Lack of Volatility: A Good Sign? appeared first on CCN
The stability of Bitcoin has always been a bit shaky, however, over the past month or so, the leading crypto has been surprisingly… still.
If you asked anyone earlier in the year why Bitcoin could never replace fiat currencies the first reason would most likely be due to its volatility and stability. Over the past month, Bitcoin has been sticking around the $ 6,500 mark which suggests its behaviour has matured similarly to a fiat currency.
New beginnings?
Binance and Coinbase, two of the largest cryptocurrency exchanges in the world by user base and daily trading volume, are on a hiring spree despite the 80 percent correction the crypto market experienced throughout 2018. Speaking to Bloomberg, Binance’s Chief Financial Officer Wei Zhou stated that the company is hiring 50 new employees in its … Continued
The post Binance, Coinbase on Hiring Spree Despite Bear Market, Sign of Rapid Growth appeared first on CCN
The price of Ethereum (ETH) has been highly volatile over the past few weeks of trading, dropping from nearly $ 300 to as low as $ 170 before settling around $ 220.22 currently. However, Ethereum bulls may have regained some momentum as the price of ETH has bounced more than 25% off lows on what appears to be one […]
SludgeFeed
With over 200 government attendees and 5,000 registered, India hosted the country’s largest blockchain conference at the beginning of August. According to the CEO of the company co-hosting the event, this is a major signal that governments are embracing further blockchain adoption.
Bitcoin (BTC) 00 continues to trade in the green, marking a substantial increase upwards of 15 percent in the last two weeks.
The adoption of cryptocurrencies and their underlying technology is only growing wider. This is according to Abhishek Pitti, CEO of Nucleus Vision – the co-host of the International Blockchain Congress held in Hyderabad and Goa at the beginning of August.
Amidst a mounting economic crisis, Venezuela’s oil-backed cryptocurrency the Petro is nowhere to be found. Numerous reports indicate an almost non-existent usage within the country.
According to a report from Reuters dated August 30th, the Venezuelan town of Atapirire has not yet reaped the fruits of Venezuela’s oil-backed cryptocurrency efforts. The situation mirrors the case across much of Venezuela amidst a slew of financial troubles.
Reuters’ Brian Ellsworth noted the following:
A moderator of the popular Bitcoin sub-reddit has revealed that traffic has once again picked up after dropping every month since December 2017.
Ranked number 14 in the world and number 5 in the United States, according to Alexa Rankings, Reddit is one of the most visited websites in the world. People from all over the globe visit it daily to discuss virtually anything, including Bitcoin.
The r/Bitcoin subreddit is the most active forum for discussing Bitcoin-related topics. The sub-forum is ranked #119 within Reddit with just under 1 million subscribers.
Nine banking giants are taking part in an app store trial for programs which are based on distributed ledger technology (DLT), further showcasing their interest towards the field and validating its merits.
Financial News reported on July 27 that LedgerConnect, the lovechild project of foreign exchange processing giant CLS and tech mogul IBM, is in trials. Major banking giants are already lining up to test it out.
LedgerConnect attempts to provide a comprehensive platform in order to further incentivize banks to take advantage of blockchain projects. The project is designated to deliver easy access to blockchain-based solutions which deal with Know Your Customer (KYC), and anti-money laundering regulations.
At the time of this article, the news from the Winklevoss ETF being denied by the SEC is still fresh and it is unclear what impact it may have on the overall macro trend of the market. Prior to the ETF ruling, the bulls continued to show demand as the bitcoin market saw a strengthening rally supported by expanding volume:
Figure 1: BTC-USD, Daily Candles, Macro Trading Range
The post Einstein Exchange, BIG Blockchain Intelligence Group sign full-suite client agreement appeared first on CoinReport.
The post The Best Bitcoin Poker Sites on the Web (Sign Up Bonuses Included) appeared first on 99 Bitcoins.
Español Русский As the gambling world begins to recognize the benefits of cryptocurrencies, Bitcoin poker sites are becoming more popular, bringing all the benefits of bitcoin—fast transactions, control over funds, low fees—to traditional online poker. Here’s a quick rundown of the best places to play online poker with your Bitcoin. Fortune Jack Fortune Jack claims […]
As the cryptocurrency market struggles to regain its footing after a record-setting run late last year, traditional financial institutions, corporations, and governments are all looking to co-opt Bitcoin’s underlying technology for their own purposes — including the European Union.
On April 10, 22 countries in the European Union signed a Declaration on the Establishment of a European Blockchain Partnership.
Aimed at cementing Europe as a world-leader in the development and launch of blockchain technologies, the international partnership claims to be “a vehicle for cooperation amongst Member States to exchange experience and expertise in technical and regulatory fields and prepare for the launch of EU-wide blockchain applications across the Digital Single Market for the benefit of the public and private sectors.”
Popular petitions are an important part of the political process in Brazil, but current methodology makes them almost impossible to use. Now the country is turning to the Ethereum blockchain for a solution.
In many political systems, the voice of the people is often not heard. To combat such a situation, Brazil has an intriguing mechanism embedded within its constitution: popular petitions. Successful popular petitions must be heard within the country’s legislature, but there are some significant hurdles lying in wait for activists who wish to use them. However, Brazil is turning to the power of the Ethereum blockchain to make signing and verifying popular petitions so much easier.
