BUY/SELL BTC Click here To Buy Bitcoins || Click Here to Sell Bitcoins Or call 07037238225 (@prezzy)


n11

Crypto News Daily Crypto That You Must Know

Discussion in 'Cryptocurrency News (HAPPENING!)' started by cryptoforfun, Aug 23, 2018.

  1. cryptoforfun

    cryptoforfun Jackobian

    Every day, every crypto news, hot and delicious that you might be interested.
     
  2. Loading...

    Similar Threads - Daily Crypto Must Forum Date
    Crypto News [bounty] Crest Token - Digiad Platform That Pays Daily Passive Income Cryptocurrency News (HAPPENING!) May 30, 2018
    Crypto News [ann][ico]crest Token - Digiad Platform That Pays Daily Passive Income Cryptocurrency News (HAPPENING!) May 30, 2018
    Crypto News Invest Bitcoin And Earn Daily Cryptocurrency News (HAPPENING!) Dec 8, 2017
    Crypto News Claim Litecoin Free Daily Cryptocurrency News (HAPPENING!) Sep 30, 2017
    Crypto News Genesis Mining Return To Daily Payout With Latest Updates About Bitcoin Cash Mining Cryptocurrency News (HAPPENING!) Sep 3, 2017

  3. cryptoforfun

    cryptoforfun Jackobian

    The SEC's rejection of the ETF application is in line with market expectations.
    According to CCN, the market generally believes that the US Securities and Exchange Commission (SEC)'s rejection of the Bitcoin ETF is not surprising. Most financial analysts believe that the digital currency ETF will not pass before 2019. The news that the ETF was rejected did not cause the panic selling in the market, indicating that most traders believe that the Bitcoin ETF will not be passed in the short term.
     
    gbolahan likes this.
  4. cryptoforfun

    cryptoforfun Jackobian

    Chen Weixing: Bitcoin is one of the choices for future weights and measures. If the lack of value in designing digital currency is a scam


    Chen Weixing wrote on Weibo that the exchange of people and people needs to measure and balance. There are four main possibilities in the future:

    1. Continue to use the US dollar as a global settlement standard. The disadvantage is that the Fed exploits the world;

    2. Develop a basket of currency SDRs in a politically negotiated environment or Bancor proposed by Keynes as a global settlement standard. The disadvantage is that it is difficult to talk about;

    3. Return to the gold standard, the disadvantage is that gold is opaque and easy to be falsified;

    4. The future calculation based global commodity index SDR, the disadvantage is that too much competition, it is difficult to be outstanding;

    5. The shortcomings of Bitcoin, which is a very simple and secure cryptocurrency developed over a long period of time, have the disadvantage that some people have a moral acceptance threshold.

    Bitcoin value lies in the possibility of being called a “measurement” candidate, making him an “asset” but not a currency.

    Ethereum coin and all cryptocurrencies based on Eth, as well as various other currencies, whose value is based on whether the currency can be consumed and used. If there is no such value design, it is a scam.
     
  5. cryptoforfun

    cryptoforfun Jackobian

    In the recent interview with CNBC, expert Kin-Wai Lau believed that the world is going through ‘the second wave of the frenzy of Bitcoin and cryptocurrency’. This fluctuation is largely due to the large-scale adoption of cryptocurrency by individuals and businesses. I have to say that large-scale adoption is indeed a question worth pondering.

    Even though this year isn’t like last year’s bull market, Bitcoin price reached an all-time high of $20,000. Regardless the recovery speed of the market is taking real slow, but people’s attitude towards cryptocurrency is quite positive. The cryptocurrency exchange adds new pairs of transactions, and the hosting service is storing new crypto assets.

    Even though SEC turned down the application of Bitcoin ETF again, it doesn’t mean Bitcoin ETF is useless. Rejecting these applications does not deny the universal utility of bitcoin or blockchain technology, nor does it deny its value as an innovation and investment. So do all the cryptocurrency.

    Golem crypto is a peer-to-peer network platform that provides computing infrastructure in a decentralized manner to create a global computing market. They call it the ‘global supercomputer’ and anyone can contribute to it or buy it from it. The network is protected by the Ethereum blockchain and is used to promote a direct and transparent payment system between the three user groups of the ecosystem.

    As a new circulation media user, advertiser and content provider, BAT ICO coin has greatly improved the efficiency of digital advertising. All of this is done on the Ethereum platform.

    See, cryptocurrency and blockchain could benefit the world and contribute to the society.

    There is no doubt that the social consensus that embraces the blockchain and cryptocurrency is a powerful sign of the second wave. Those who accept cryptocurrency and blockchains early will enjoy many benefits with the large-scale adoption of cryptocurrency on a global scale.
     
  6. cryptoforfun

    cryptoforfun Jackobian

    Charlie Lee, the founder of Litecoin, said on Sunday that HTC's new blockchain-compatible smartphone will support Litecoin, and he will join the HTC Exodus development team as a consultant, and Exodus itself will support Litecoin on the Lightco network.

    So what is Litecoin? Litecoin, a peer-to-peer electronic cryptocurrency, is an open source software project licensed under the MIT/X11 license. Litecoin was inspired by Bitcoin and technically used the same implementation principle.

    HTC confirmed the news on Monday, saying the team is honored to invite Mr. Lee to join its advisory team. Exodus will act as a mobile connection point for blockchain networks and as a primary cryptocurrency storage device including Bitcoin and Ethereum. HTC chief crypto officer Phil Chen said he hopes to start selling the new phone before the end of this year, but declined to give a specific date. He said that individuals who are interested in buying Exodus in advance can participate in the pre-sale of Bitcoin or Ethereum.


    Charlie Lee, the founder of Litecoin, said on Sunday that HTC's new blockchain-compatible smartphone will support Litecoin.


    Lee announced the news on Sunday and said he will join the HTC Exodus development team as a consultant. Lee met with the Exodus development team last week. Lee further confirmed that Exodus itself will support Litecoin on the Lightco network.



    He also issued a disclaimer stating that Exodus will still support Bitcoin currency.


    HTC confirmed the news on Monday, saying the team is honored to invite Mr. Lee to join its advisory team.


    The Taiwanese electronics manufacturer first announced Exodus products in May and said it is developing the world's first cryptocurrency smartphone. The device will act as a mobile connection point for the blockchain network and a primary cryptocurrency storage device including Bitcoin and Ethereum.


    HTC chief crypto officer Phil Chen said he hopes to start selling the new phone before the end of this year, but declined to give a specific date. He said that individuals who are interested in buying Exodus in advance can participate in the pre-sale of Bitcoin or Ethereum.


    So far, Litecoin price is at $58.03 on August 27, 2018, supposed the news didn’t do any good for the price.
     
  7. cryptoforfun

    cryptoforfun Jackobian

    {filename}-Daily Crypto That You Must Know

    Co-founder of Fundstrat, Tom Lee said on the CNBC that he is optimistic about the range of Bitcoin that reached $20,000 at the end of the year.

    Hedge Fund plays a more important role

    In 2018, In 2018, we can see that the Bitcoin transactions in the US market have increased significantly. Because hedge funds have participated, they are now playing a certain role.

    More hedge funds are recruiting analysts who are interesting in cryptocurrency. Yet, hedge funds haven’t actively added Bitcoin to their investment portfolio.

    Traditional stock market

    {filename}-Daily Crypto That You Must Know

    Another major factor is the impact of traditional stock markets on Bitcoin price. He found that the S&P 500 index and Bitcoin price were related before, and as emerging markets rose at the end of 2017, Bitcoin price also has a breakthrough. However, both indicators have fallen sharply since then.

    For these two indicators, it is mainly affected by two factors. One is that hedge funds often use emerging market equities for risk hedging. Bitcoin price are naturally implicated as they tend to hedge.

    Wealth effect

    Stock market activity level will impact on Bitcoin bid. If there is a decline in emerging markets, the amount of money flowing into Bitcoin investments will also decrease.

    Face the challenge

    The road to the Bitcoin exchange mainstream still face a lot of challenges.

    It’s a main problem about how to store your Bitcoin. Hedge fund investors do not want to host Bitcoin themselves. Another challenge is the scarcity of the Bitcoin valuation model.

    Cautionary attitude of Bitcoin investors
    {filename}-Daily Crypto That You Must Know


    For the recent Bitcoin market, investors' feedback is biased towards negative.

    The reflexivity in crypto is much larger. In the traditional market, it is not uncommon for investors to tend to reverse investment in 80% of the time, but in the crypto market, it is difficult to go against the trend in the bearish market.

    Earlier, the Bitcoin pain index invented by Lee was an emotion-based analysis indicator, which has reached 36, which is very painful, indicating that it may be a good time to buy. And in the past two months, US regulatory authorities have repeatedly rejected the application of the Bitcoin ETF.

    Despite this, Lee is still optimistic about Bitcoin price today. As in mid-November last year, bitcoin prices jumped from $6,000 to $20,000 at the end of the year.
     
  8. cryptoforfun

    cryptoforfun Jackobian

    Charlie Lee, founder of Litecoin said that he had no plan to purchase Litecoin in the short term or even wouldn’t do it. Nine months before, he sold out all the LTC that he held.

    Buy on dips

    During an interview with CNBC, Lee talked about the price trends and popularity of Bitcoin and Litecoin. When asked if it is possible to hold Litecoin again, he said it was unlikely.

    The host asked Litecoin price is about $60. Does this represent a buying opportunity? He replied that bargain hunting is a good strategy, but only if you can do what you can, and the funds you spend should be within the acceptable range.

    Lee has said that investors should hold at least one bitcoin while choosing to buy another cryptocurrency.

    Darkness moment of Litecon

    Last year, Lee sold a stir in the community because he sold all the Litecoin that he had held. Due to the clearance at the highest point ($350), community commentators believe that Lee deliberately created a market panic in Litecoin market that caused investors to lose money.

    Lee said at the time that the clearing of Litecoin was to focus on the development of this cryptocurrency.

    This year is a special year for Lee and Litecoin. However, some people still make a fuss about Lee’s clearance. Furthermore, the Litecoin Foundation and TokenPay announced that they would buy a German bank in July. It was supposed to a good thing, but because of the negative image of TokenPay, it has brought a lot of trouble to Litecoin.

    However, there are still many people who support Litecoin, such as Blockstream CSO. He said on Twitter that Litecoin is the only safe long-term investment opportunity besides Bitcoin.
     
  9. cryptoforfun

    cryptoforfun Jackobian

    Qtum Crypto Copenhagen Blockchain Summer Camp ended successfully

    Qard core development engineer Howard expressed his unique insights.

    ‘Everyone knows that the decentralization of the blockchain and the speed of transaction processing are intrinsically incompatible. Most of the blockchains are likely to encounter the risk of congestion and even the entire ecological downtime. I think most of the districts Blockchain calculations should not be placed on the chain, perhaps blockchain developers should look more for sidechain or chain solutions. For example, Qtum, although the layer2 solution has not been used, because Qtum has Good backwards compatibility, so we will gradually innovate in the future so that it will be easily deployed on Qtum.’

    Qtum and the Copenhagen Business School hold a hackathon

    From August 15th to 16th, 2018, Copenhagen Business School and the QTUM Foundation, Firmo Network, WWF, etc. held a 48-hour offline hackathon. QTUM core programmers Howard and David provide technical coaching for hackers, and about half of the 100 hackers involved in the offline hackathon are based on QTUM.

    In the final competition of more than 70 projects, after layer-by-layer screening, the final winner is the BlockID team based on QTUM.

    Qtum Quantum Chain Main Network Observation Report

    The Qtum main network performance assessment data comes from Qtum Explorer, the blockchain (login from the qtum server application) and telegram messages from Pangyo.

    This week, the maximum number of daily block rewards was 294 on December 28, and 964 blocks were awarded independent addresses throughout the week. Last week, 946 blocks were awarded independent addresses, and the wallet was running normally.
    Qtum price and exchange

    Qtum price is at $4.79 on August 29, increasing 4.81%. The 24h volume of QTUM to BTC is still at the top.

    Above all, Qtum weekly news for every investor.
     
  10. Iniesta8

    Iniesta8 Upcoming

    For Adding active members to your Telegram group/channel and site publicity/marketing pm on telegram @leoisgr8t call or whatsapp +2348133290261
    We Take on ICO promotions and any kind of digital marketing
    Our recent works are
    @electronero
    @August927
    @papple
    Etc
     
  11. cryptoforfun

    cryptoforfun Jackobian

    Bitcoin disputes occur in many places

    Recently, Bitcoin disputes have occurred in many places. Judging from the results of the local court decisions, in the series of disputes, the local courts have different definitions of the cryptocurrency assets and the rights and interests of the parties involved.

    Experts said that at present, China's laws and regulations concerning cryptocurrency such as Bitcoin currency are not perfect, and various cryptocurrency trading platforms have no legal qualifications. In the event of a dispute, investors may face economic losses due to difficulties in defending their rights or even nowhere to defend their rights. Therefore, investors need to actively strengthen risk awareness, always maintain rationality, and stay away from all kinds of illegal financial activities.

    It is understood that under strict supervision, some cryptocurrency transactions have been transferred from ‘ground’ to ‘underground’.

    Xiao Lei, a senior researcher in cryptocurrency, said that at present, some Bitcoin trading platforms are still running, and the supervision blind spots are exposed. Regulators can supervise many large platforms, but more small platforms will be used to monitor the loopholes and it is difficult to monitor them effectively. In this regard, it is necessary for the regulatory authorities to improve the level of regulatory and legal effects to protect the interests of investors and prevent financial risks.

    With the escalation of the regulatory ‘ban’, some of the original Bitcoin trading platforms in China continue to provide ‘over-the-counter trading’ between Bitcoin and RMB in the form of ‘hanging delisting and peer-to-peer’. This method is not regulated. It is impossible to guarantee the safety of funds.

    In order to make the funds go smoothly to the sea, some platforms may also be suspected of fictitious fund names, and there are legal risks.

    A lot of people know the high risk of cryptocurrency, still, they want to take a shot to profiteer. Take a look at the Bitcoin price, we can find Bitcoin price today is unsteady. All the ups and downs completely affect investors. Yet, people just throw all the money in the market regardless of whether they would lose or not. Because they think they would be the one who got lucky.
     
  12. cryptoforfun

    cryptoforfun Jackobian

    Komodo platform will launch the world's first

    Latest Komodo news said, the Komodo platform is a cryptocurrency project that focuses on providing anonymity through zero-knowledge proof and security through the new delayed work proof (dPoW) protocol, and has entered into a strategic partnership agreement with ValueNet Capital, a Beijing-based venture capital fund.

    Komodo platform will launch the world's first decentralized ICO with the help of ValueNet Capital.

    The Komodo platform is branched from Zcash by the SuperNET team, providing complete independence of the blockchain, including decentralized switching, decentralized ICO, and atomic switching. However, the agreement with ValueNet Capital is focused on the decentralized initial coin product (dICO).

    The increase in global regulatory pressure is creating demand for fully decentralized solutions. Komodo platform hopes to provide. Its technology allows entrepreneurs and business owners to launch completely independent blockchains on the Komodo platform. They can then sell the blockchain KMD coins to the public through dICO.

    ValueNet will provide risk assessment and strategic consulting, while the Komodo platform ensures that all decentralized ICOs are safely and successfully launched.

    Ben Fairbank, General Manager of Komodo Platform, commented: ValueNet Capital is a partner of Komodo. It has invested heavily in some of the top blockchain projects and has one of the most enthusiastic teams, not only in Asia but also in the entire blockchain industry.

    ‘It’s an impeccable record in identifying top-level projects that make them stand out. We believe this partnership is good for both projects. We look forward to the opportunity to work with ValueNet Capital to expand our presence in Asia.’

    With the Komodo platform ready to launch‘the world's first decentralized ICO’, BlocNATION - a provider of cashless payment systems for festivals, entertainment venues and other major events in Southeast Asia, will prove useful in the short term.

    The current Komodo price is at $1.36, rose 6.07%. The 24h volume of Komodo exchange with BTC is still at the top.
     
  13. ZaggProtocol

    ZaggProtocol Jackobian

    When India’s central bank decided to outlaw cryptocurrencies by choking access to capital from the banking sector, it was expected to short circuit the financial grid feeding the mint churning out virtual coinage. But punitive action has not worked. Indians continue to trade and transact using cryptocurrencies. The value of transactions using bitcoin, the prominent virtual currency traded in India, increased in the weeks following the central bank’s ultimatum.

    Source: moneycontrol.com
     
  14. cryptoforfun

    cryptoforfun Jackobian

    NEO currency is a stupid project. There is nothing at all. Later, it was all played by the capital. Dahongfei had few coins in his hand.
    This is related to the good news of NEO's strategic upgrade. The small ants/NEO, which has been on the online trading since it has been floating around $1, showed significant price changes in mid-June 2017. CoinMarketCap data shows that since then, NEO has created a thousand times of good performance. On January 15, 2018, NEO price once surged to a historical high of $196.85 (crowdfunded price is RMB 1), and the NEO value exceeded $11 billion. In February of this year, Da Hongfei even stated at the NEO DevCon conference that NEO would become the world's number one blockchain project by 2020.

    However, just when people thought that NEO's front was ‘all the way down’, NEO price fell below 100 US dollars on March 9 after a period of small oscillations, and the market value of that day shrank to about 6 billion US dollars.

    All the fame became history - NEO history

    The doubts hidden behind the scenery came out at this time. In March, some netizens issued a post questioning, NEO block performance is poor, does not have the technical characteristics of Dahongfei’s claimed platform ‘supporting 1000 transactions per second’; in addition, the DBFT consensus mechanism adopted by NEO project makes the network The risk of being attacked is higher. They pointed out that NEO is actually a centralized chain and worried that as more and more ICO are carried out on NEO, their advertising performance will be seriously different from actual performance.

    A few days later, Da Hongfei responded to the questioning of netizens one by one. But this response ultimately failed to restore the trust that NEO has lost. In the overall bear market of the cryptocurrency market, NEO prices have not improved much so far.
     
  15. cryptoforfun

    cryptoforfun Jackobian

    The Status Quo of China's Bitcoin Development in 2018
    It is appropriate to use the word ‘turbulence’ to describe Bitcoin currency. Bitcoin was proposed by Konosuke Nakamoto in 2009. Unlike the previous cryptocurrency, Bitcoin is a transparent transaction that everyone can participate in. Based on the trust of Bitcoin itself, more and more people are involved in the transaction. Last year was the hottest year for Bitcoin, so what is the current state of 2018 Chinese Bitcoin?
    On December 5, 2013, the five ministries and commissions, including the Central Bank, issued a notice to prevent the risk of Bitcoin. They believe that Bitcoin is not issued by the monetary authorities, has no legal and mandatory currency attributes, is not a real currency, and cannot and should not be used as a currency in the market. Affected by this news, Bitcoin prices fell by 35% in 40 minutes. In February 2014, Go. Gox, the world's largest Bitcoin trading platform, declared bankruptcy, which cast a shadow over the industry, which has been plagued by compliance. Since the second half of 2014, Bitcoin prices have been steadily declining and are currently stable at around 1,500 yuan per unit.
    This should also be the main reason for regulators to consider limiting Bitcoin issuance. The strengthening of the regulation of the Bitcoin trading platform and the promotion of standardization of virtual currency transactions should be the next step of supervision.
    BTC info
    Bitcoin price today is at $7064.35. rose 1.04%.
     
  16. cryptoforfun

    cryptoforfun Jackobian

    How is Bitcoin ‘mining’?

    As we all know, Bitcoin, which is based on the concept of decentralization, constructs a secure and free payment network, avoiding the problem of traditional currency inflation. In addition, each node can reasonably and effectively allocate resources reasonably in P2P networks, making nodes and the transaction is convenient and fast. Under this kind of money network, each node pays a certain amount of labor to obtain the corresponding resources, commonly known as ‘mining’.

    Last year, a large number of Bitcoin currency business enthusiasts joined the Bitcoin mining army, and some even mined in the basement of their home. Not only that but with the lucrative returns of mining, large miners also choose to mine Bitcoin in some places where electricity is cheap. Due to the skyrocketing price of Bitcoin in 2017, the profit of miners was as high as 1400%. However, when the Bitcoin price fell to 6,000 dollars, the enthusiasm of the miners seemed to have not wavered at all, reflecting the fact that the industry was ‘deep’. Because of the price and after the fall, some small players have to choose their position.

    Because in the process of Bitcoin mining, it will consume a lot of power. As of August 2018, it is estimated that Bitcoin currently consumes more than 70 trillion watts of electricity per year, equivalent to 0.3% of the total global electricity consumption. . The global annual mining revenue is nearly 7 billion US dollars, while the mining cost is nearly 3.4 billion US dollars. Bitcoin currently has more than 6 million US household electricity.

    It is for this reason that more and more people are beginning to question the rationality of Bitcoin mining. After all, does it really make sense to consume so much energy for a thing that only exists in the online world? In addition, some environmentalists have joined the team that denounced Bitcoin. They said that in the context of thermal power generation as the mainstream power generation mode, consuming more power is equivalent to putting more pressure on the global environment. Bitcoin mining is indirectly Create pollution! As a result, some countries have begun to restrict or prohibit Bitcoin mining, and even those who violate the rules will even be fined.

    Bitcoin Info

    Bitcoin price today is at $7213.16, dropping 0.01%. The 24hour Volume of BTC to USD is still at the top of the Bitcoin market.
     
  17. cryptoforfun

    cryptoforfun Jackobian

    AdEx is a blockchain advertising trading platform

    AdEx is a decentralized ad exchange based on blockchain and smart contracts, primarily for the entertainment industry, especially for streaming video services provided by publishers. We hope to change the traditional digital advertising model through AdEx adx, a transparent and dedicated platform that allows advertisers and publishers to collaborate and reach potential customers.

    The core feature of AdEx is the AdEx profile. This is a personalized page that helps each end user understand and control the ads posted to them. For advertisers, giving users more control is more beneficial to them: users are actively telling them about their own consumer preferences, consumer behavior, shopping habits and willingness to buy. This means that AdEx profiles can help advertisers achieve "surgical precision" ad targeting and get a higher return on advertising investment.

    AdEx uses blockchain and smart contract technology to eliminate the complexity of existing ad serving networks. Allowing users to act as the sole regulator of the AdEx network solves the most common problems faced by today's advertisers: the lack of transparency in advertising bids and the unclear and erroneous reporting of advertising campaigns.

    ADX is based on Ethereum, and Ethereum is a distributed computing platform based on the blockchain. Smart contracts can be transported and executed on it. Smart contracts are distributed computing projects that facilitate the achievement of online contractual consensus in a cryptographically secure manner. Ethereum's open source code, JPMorgan Chase, Deloitte, IBM, Santander, Microsoft, Luxembourg Stock Exchange and Toyota are also using Ethereum.blockchain

    Another core component of AdEx is storage. Due to the high storage cost of blockchains, AdEx uses IPFS to store advertising media such as images, videos, and metadata.and

    Although Ethereum is currently facing some scalability challenges, it is behind a very focused and intelligent team that is constantly providing new solutions.

    We plan to achieve rapid interaction between publishers and advertisers through the Ethereum's state channel so that it is not limited by the speed and cost of the entire Ethereum blockchain.channel,

    AdEx history price to USD reached its peak at 3.26 USD on 8 Jan 2018, The whole is in a downward trend of fluctuating fluctuations. Jan,


    AdEx Info

    AdEx price is at $0.214452 now, drops 3.99%. ADX to BTC is still at the top in AdEx market.
     
  18. cryptoforfun

    cryptoforfun Jackobian

    Ethereum will have greater selling pressure than Bitcoin

    In the case of market adjustments, some industry experts believe that Ethereum will lose more than Bitcoin market.

    If the market is adjusted again, Ethereum will have greater selling pressure than Bitcoin. Although Bitcoin prices have exceeded the resistance of $7,200 in the past week, some experts in the industry said that Bitcoin is expected to face another market adjustment soon. And then can condense enough power for the mid-term rebound recovery.

    Bitcoin vs. Ethereum

    According to Alex Kruger, another eminent economist and crypto-trader, Ethereum will be hit harder than Bitcoin if the market makes another major adjustment. However, he also said that Ethereum is actually more likely to undergo adjustments than Bitcoin.

    To further elaborate his point of view, Alex Krueger said that before the cryptocurrency market rebounds again, if there is a similar market adjustment in the medium term, Ethereum will encounter a larger sell-off than Bitcoin pressure

    Alex Krueger explained that there are three main reasons why Ethereum has more selling pressure than Bitcoin:

    First, at present, the possibility of Ethereum exchange-traded funds being approved is very low–although there are reports that the Chicago Board Options Exchange (CBOE) is considering launching the Ethereum futures market;

    Second, the market value of Ethereum and Ethereum price is lower than that of Bitcoin;

    Third, with the rise of other competitors, Ethereum's market cap is facing enormous challenges.

    On the other hand, Bitcoin's highest position in the cryptocurrency market ensures that it is always the market leader.

    Not only that, Bitcoin uses a blockchain network based on the Workload Authentication (PoW) consensus algorithm, rather than the Equity Certification (PoS) consensus algorithm used by Ethereum. In this case, Ethereum needs to face more competitors using similar smart contract agreements, including wave field, EOS and Cardano.


    What is the next step?

    Erik Voorhees, CEO of the digital asset exchange ShapeShift, in an interview, he expressed his views on the market and said that the current bear market is not over, only a market adjustment "The cruel phase." In addition, Eric Voris also said that the current low price of the cryptocurrency market may be a good opportunity for long-term investors to enter.

    According to some well-known traders, the price of Bitcoin has remained at $6,000-7,000 in August, but it seems premature to have completed the price correction. If the entire cryptocurrency market can remain within this price range in September, then the market may trigger a mid-term rebound recovery without having to go through market adjustments again.
     
  19. cryptoforfun

    cryptoforfun Jackobian

    According to a press release, PICC has partnered with blockchain information tracking and management systems company VeChain to achieve a digital transformation of the insurance industry.

    China's push for blockchain

    Although the Chinese government continues to maintain a strict position on cryptocurrencies, blockchain technology companies that provide disruptive solutions in this area continue to align with the long-term plans set by China's superpower.

    The application of blockchain in China is limited to financial products and management tracking. In other words, the distributed system used to transform the traditional paper insurance industry represents another first.

    PICC is a state-owned company that provides insurance for accidents and commercial contracts through its three subsidiaries.

    The insurance industry relies heavily on manual legacy claims management systems to generate paper records of individuals or businesses. However, this practice leads to inefficiencies in the process of data collation, verification and auditing, which makes the insurance process involving all parties expensive and time consuming.

    VeChain joins the battle

    Under the terms of the agreement, PICC will adopt the VeChain enterprise blockchain solution to mitigate illegal activities such as insurance fraud and inaccurate underwriting.

    The insurance giant believes that leveraging blockchain technology will bring "digital transformation" to the broader insurance industry, providing faster processing times, accurate KYC assessments, mitigating fraud, and improving the overall customer experience.

    PICC also intends to use VeChain's IoT strength to provide “instant compensation” to affected parties and increase the former's annual income.

    The blockchain solution was developed in collaboration with Shanghai-based VeChain and DNV GL, a Nordic company providing technical solutions for a wide range of industries including food, beverage, energy, oil and gas, and marine.

    PICC will not teach blockchain technology to customers. However, its goal is to seamlessly integrate a robust blockchain network into its existing infrastructure.

    VET is becoming more and more attractive

    VeChain has previously worked with DNV GL on projects in multiple industries – DNV GL holds a small stake in VeChain after a private transaction in May 2008 – to drive its focus on building blockchain-based governance And the business ecosystem.

    VeChainThor is VeChain's public chain, running on VET tokens, supporting the development of security and government frameworks, allowing organizations to control assets, information and revenue through robust distributed systems.

    Sunny Lu, co-founder of VeChain coin, expressed his thoughts:

    “Working with PICC has expanded our business in the insurance industry. We are confident that we will work with DNV GL to provide quality services and products to PICC.

    For the pilot, PICC will first test VeChain's solution for a specific use case, then fully expand the blockchain system to create a “collaboration ecosystem” for customers and even competitors.

    And this will make a big deal in VeChain history.

    VET Info

    The VeChain price is at $0.019323, rose 10.14%. The VET to USDT is still at the top of the VeChian market.
     
  20. cryptoforfun

    cryptoforfun Jackobian

    If you believe in Bitcoin currency or the enthusiastic supporter of Bitcoin, then you have to be careful. If Bill Harris is credible, you may have become a cult member unconsciously. (Harris believes that the future Bitcoin price will be very close to zero, not just a bit closer to zero because it has no value at all.)

    The former CEO of the payment service company PayPal spoke on the Fast Money program, and he believes that the so-called advantage of Bitcoin does not exist.

    Harris said: "The enthusiastic supporters of Bitcoin believe that Bitcoin is instant, free, scalable, efficient, secure, globally accepted and useful, but It is not.

    The official Twitter of the Quick Money program said on August 14 that people who are optimistic about Bitcoin should be careful. Bill Harris, the former CEO of PayPal, called the cryptocurrency a cult product and said its value would fall to zero.

    In addition, Harris also predicts that Bitcoin's future fate will be bleak, and he believes that the future price of this flagship cryptocurrency will be "very close to zero, not just a bit closer to zero because it has no value at all."

    Harris further stated that the problems Bitcoin is seeking to resolve remain, especially in cross-border transfers, as cross-border transfers are currently slow and expensive. However, according to Harris, the solution to the cross-border transfer problem should not be cryptocurrency, but a faster network system.

    When talking about the volatility of the largest cryptocurrency market, Harris pointed out that this fact alone can prove that Bitcoin trading can't be a payment mechanism, and it can be ridiculous to show that Bitcoin is "as a means of value storage.".

    Firm Bitcoin opponent

    Although Harris said this time is quite embarrassing, calling Bitcoin a cult and making the most modest criticism of it, but some people may not know that Harris has always been against this groundbreaking cryptocurrency. Skeptical attitude. As the media has previously reported, the former head of PayPal called Bitcoin the biggest scam in history in a review article published in a scientific journal four months ago.

    At the time, Harris said that Bitcoin was an unprecedented trick to "sell the selling price and sell it on rallies." However, Harris's view of Bitcoin is in stark contrast to other people born in PayPal, such as Peter Thiel, an investor with billions of dollars in wealth, who believe that cryptocurrencies have "great potential."

    Bitcoin Info

    Bitcoin price today is at $7376.51, rose 1.26%.
     
  21. cryptoforfun

    cryptoforfun Jackobian

    NEO traded up 7.06 percent to the dollar in the last 24h period closing 13:58 on September 5, EST. NEO currently has a market cap of $1,584,365,297 and its 24 hours trading volume is about $98,510,186. In the time period covering 7 days, NEO price is now trading at $24.37 against the USD.

    Here is how other cryptocurrencies have risen over the last 24 hours:

    LBRY Credits price is now trading at $0.070451 against the USD, and its 24 hours trading volume is about $180,679. The current market cap is $13,227,881.

    INS Ecosystem price is now trading at $0.341712 against the USD, and its 24 hours trading volume is about $1,002,992. The current market cap is $10,354,184.

    Polymath price is now trading at $0.213636 against the USD, and its 24 hours trading volume is about $1,002,992. The current market cap is $10,354,184.

    NEO Info
    On August 8th, China's first original public chain project, NEO blockchain, announced that it has fully completed its brand and technology upgrades, including ‘NEO’, including blockchain nodes, technical documents, social media accounts, official websites, Exchange or trade name, etc. to achieve a transition or upgrade. The small ant 1.0 version of the blockchain architecture officially changed to the NEO 2.0 version of the blockchain architecture, upgrading from a digital asset platform to an intelligent economic platform. At the same time, the heavyweight projects such as Hong Pulse Red Pulse also announced the joining of NEO Ecology, using Neo smart contracts for development.
     
  22. Shariar Porosh

    Shariar Porosh Jackobian

    very large article but your info is so informative.. boundless thanks for share with us
     
  23. NEYOOH

    NEYOOH Active

    Bitcoin Surpasses All Time High in Iran, $18,500 Premium, Ethereum at $1,000
    Bitcoin is currently trading at an incredible $25,887 in Iran, more than $18,500 above the current bitcoin global price of $7,300.
    Other cryptos too are at a huge premium. Ethereum, for example, is currently trading at $1,050 in Iran, significantly more than its global price of just $270. source: Local bitcoin
     
  24. NEYOOH

    NEYOOH Active

    Bitcoin Surpasses All Time High in Iran, $18,500 Premium, Ethereum at $1,000
    Bitcoin is currently trading at an incredible $25,887 in Iran, more than $18,500 above the current bitcoin global price of $7,300.
    Other cryptos too are at a huge premium. Ethereum, for example, is currently trading at $1,050 in Iran, significantly more than its global price of just $270.
     

    Attached Files:

  25. cryptoforfun

    cryptoforfun Jackobian

    After 7:30 Beijing time, Bitcoin price quickly fell to the six major barriers of 6800, 6700, 6600, 6500, 6400, and 6300 US dollars, and fell more than 14% in 24 hours.

    Some analysts said that the main reason for the collective plunging of the cryptocurrency is that its related regulatory framework is still unclear. Goldman Sachs will abandon its plan to open a cryptocurrency trading room in the near future, giving priority to how it can participate in such markets, possibly in the future. Restart this type of plan at a time.

    Michael DuVally, a spokesperson for the bank, said: "At this stage, we have not yet reached a conclusion on the scale of digital asset services." But Goldman Sachs is currently focusing on other projects, such as cryptocurrency managed products.

    If the news is true, it means that the first Bitcoin trading room of Wall Street institutions will be in the foreseeable future, which has caused "anxiety" in the virtual currency field.

    Brain Kelly, founder and CEO of cryptocurrency hedge fund BKCM, believes that "they (Goldman Sachs) are not part of this ecosystem, but to some extent they are representatives of a group of institutions, which is negative (message)."

    And Mike McGlone, senior commodities strategist at Bloomberg, said the price of Bitcoin currency is falling, but the bears are skyrocketing. Bitcoin prices may start to fall and may actually fall to $5,000.

    In addition, some analysts pointed out that the real bad news today is actually from ShapeShift. The company announced that it would cancel the anonymity and force people to register, which is undoubtedly to combat money laundering and other illegal activities. Therefore, the selling of other currencies in the cryptocurrency market today is more violent than the selling of Bitcoin, indicating that many people who do not want to be named and have small currencies are selling.

    Bitcoin Info

    Bitcoin price today is $6466.32 on September 6, 2018, dropped 12.22%.
     
  26. cryptoforfun

    cryptoforfun Jackobian

    Thanks for sharing.
     
  27. cryptoforfun

    cryptoforfun Jackobian

    Recently, the Dogecoin community filed a petition with the petition service hosting site Change.org asking Amazon CEO Jeff Bezos to allow his e-commerce platform to accept Doge currency as a means of payment.

    So what is a Dogecoin?

    Dogecoin is an interesting, new, fast-growing form of digital currency. This form of digital currency is called 'cryptocurrency.' The cryptocurrency is completely anonymous, decentralized, and very secure. Dogecoins are stored with computers, smartphones or wallets on your website. You can use it to purchase goods and services or to exchange them in other currencies (including other cryptocurrencies or traditional currencies such as the Australian dollar). One of Dogecoin's most popular uses is to provide 'tips' for peer Internet users who create or share great content. Think of it as a more meaningful 'like' or 'upvote' that has real value that can be used across the Internet.

    The petition was initiated by Mark E., a change.org user in the United States. He believes that Amazon is an industry innovation leader and therefore hopes that they can accept Doge currency to provide fast, low-cost transaction payment services.

    Amazon is being asked to experience the Doge's coin, and if it does, Amazon will be the first top technology company to use Dogecoin. The petition also added that many small and medium-sized enterprises, charitable organizations and entrepreneurs around the world have used Doge currency as a means of payment for the purchase of goods and services.

    As of now, the petition submitted to Amazon has collected 8,295 signatures, which has exceeded the number of signatures previously required to pay for the Doge currency in the Google Play app store. Previously, the number of petitions required to use Dogecoin on Google Play was only 1463. However, the time it takes for Doraco to ask Amazon to use its signature as a means of payment is very good, as the cryptocurrency market is recovering recently and some cryptocurrency prices have risen by more than 50%, so does Dogecoin historical price.

    Amazon is one of the world's largest retailers, ranking 83rd among Forbes' top 2,000 largest listed companies worldwide, but has yet to accept any cryptocurrency as a means of payment. However, Amazon Gift Cards that users can purchase on Bitrefill and pay in cryptocurrency.

    Dogecoin Info

    Due to the Bitcoin price dropped nearly 14%, whole cryptocurrency market fell. Dogecoin price dropped 5.15% on 15:13, September 6, 2018. Dogecoin market cap now is $573,834,983.
     
  28. cryptoforfun

    cryptoforfun Jackobian

    Recently, the Dogecoin community filed a petition with the petition service hosting site Change.org asking Amazon CEO Jeff Bezos to allow his e-commerce platform to accept Doge currency as a means of payment.

    So what is a Dogecoin?

    Dogecoin is an interesting, new, fast-growing form of digital currency. This form of digital currency is called 'cryptocurrency.' The cryptocurrency is completely anonymous, decentralized, and very secure. Dogecoins are stored with computers, smartphones or wallets on your website. You can use it to purchase goods and services or to exchange them in other currencies (including other cryptocurrencies or traditional currencies such as the Australian dollar). One of Dogecoin's most popular uses is to provide 'tips' for peer Internet users who create or share great content. Think of it as a more meaningful 'like' or 'upvote' that has real value that can be used across the Internet.

    The petition was initiated by Mark E., a change.org user in the United States. He believes that Amazon is an industry innovation leader and therefore hopes that they can accept Doge currency to provide fast, low-cost transaction payment services.

    Amazon is being asked to experience the Doge's coin, and if it does, Amazon will be the first top technology company to use Dogecoin. The petition also added that many small and medium-sized enterprises, charitable organizations and entrepreneurs around the world have used Doge currency as a means of payment for the purchase of goods and services.

    As of now, the petition submitted to Amazon has collected 8,295 signatures, which has exceeded the number of signatures previously required to pay for the Doge currency in the Google Play app store. Previously, the number of petitions required to use Dogecoin on Google Play was only 1463. However, the time it takes for Doraco to ask Amazon to use its signature as a means of payment is very good, as the cryptocurrency market is recovering recently and some cryptocurrency prices have risen by more than 50%, so does Dogecoin historical price.

    Amazon is one of the world's largest retailers, ranking 83rd among Forbes' top 2,000 largest listed companies worldwide, but has yet to accept any cryptocurrency as a means of payment. However, Amazon Gift Cards that users can purchase on Bitrefill and pay in cryptocurrency.

    Dogecoin Info

    Due to Bitcoin price dropped nearly 14%, whole cryptocurrency market fell. Dogecoin price dropped 5.15% on 15:13, September 6, 2018. Dogecoin market cap now is $573,834,983.
     
  29. cryptoforfun

    cryptoforfun Jackobian

    Here is how cryptocurrencies have risen over the last 24 hours:

    Bitcoin price traded up 1.35% percent to the dollar in the last 24h period closing 13:41 on September 7, EST. Bitcoin market cap is $112,862,082,050 and its 24 hours trading volume is about $4,715,911,952.

    LBRY Credits price is now trading at $0.058049 against the USD, and its 24 hours trading volume is about $58,532. The current market cap is $10,919,836.

    INS Ecosystem price is now trading at $0.271144 against the USD, and its 24 hours trading volume is about $571,865. The current market cap is $8,215,909.

    Polymath price is now trading at $0.172459 against the USD, and its 24 hours trading volume is about $1,347,492. The current market cap is $48,547,983.

    Binance Coin price is now trading at $10.22 against the USD, and its 24 hours trading volume is about $19,382,377. The current market cap is $976,121,064.
     
  30. cryptoforfun

    cryptoforfun Jackobian

    Here is how cryptocurrencies have risen over the last 24 hours:

    Bitcoin price traded up 1.35% percent to the dollar in the last 24h period closing 13:41 on September 7, EST. Bitcoin market cap is $112,862,082,050 and its 24 hours trading volume is about $4,715,911,952.

    LBRY Credits price is now trading at $0.058049 against the USD, and its 24 hours trading volume is about $58,532. The current market cap is $10,919,836.

    INS Ecosystem price is now trading at $0.271144 against the USD, and its 24 hours trading volume is about $571,865. The current market cap is $8,215,909.

    Polymath price is now trading at $0.172459 against the USD, and its 24 hours trading volume is about $1,347,492. The current market cap is $48,547,983.

    Binance Coin price is now trading at $10.22 against the USD, and its 24 hours trading volume is about $19,382,377. The current market cap is $976,121,064.
     
  31. cryptoforfun

    cryptoforfun Jackobian

    Although Bittrex, Seattle's large cryptocurrency exchange, recently launched new trading pairs, including cryptocurrencies such as Zcash and Ripple, it is actually a delisting coin.

    According to the resource TheNextWeb, Bittrex immediately deleted the Bitcoin gold trading pair. The reason for this drastic measure is that BTG representatives are reluctant to compensate for the money stolen from Bittrex because of hacking attacks against Bitcoin gold hashing rights.

    In May of this year, the attacker managed to get more than half of the Bitcoin's hash value, and then, from different exchanges, Bittrex stole nearly $20 million in digital coins. The exchange asked the BTG team to replace the assets. The BTG team stated that they are not ‘responsible for security policies within private entities like Bittrex.’

    There is no doubt that Bittrex is not satisfied with this decision. Therefore, Bitcoin gold will disappear from the exchange in about 2 weeks.

    The team further mentioned that during July 3, their network bandwidth has mitigated the risk of such attacks in the future. However, according to the statement, Bittrex informed the BTG team that it would withdraw from the transaction because they were not responsible for their chain events. ‘This means paying Bittrex 12,372 BTG to make up for the losses they suffered.’

    In addition, as stated in the statement, Bittrex informed the BTG team that it would pay a partial loss from its reserves, but the remaining 6,000 BTG must be paid by them or they would be delisted. The statement added: ‘For a profitable exchange, this seems to be only a small part, but it is a large part of the funds available to the endowment fund that supports the Bitcoin gold project.’
     
  1. stalt
  2. Giovy Rodriguez
  3. frankabelle
  4. Cryptogeek
  5. Makoto Matsudo