Cryptocurrency Market Stabilizes at $500 Billion, Bitcoin Records 5% Gain

Cryptocurrency Market Stabilizes at $500 Billion, Bitcoin Records 5% Gain
Source: Dailysatoshi.com

The post Cryptocurrency Market Stabilizes at $500 Billion, Bitcoin Records 5% Gain appeared first on CCN After falling to $10,350 on February 18, the price of bitcoin has rebounded to $11,050, recording a 5 percent daily gain, positively affecting the entire market with its momentum. Bitcoin Preparing Bull Run The daily trading volume of bitcoin and the global cryptocurrency market has been relatively strong over the past 24 hours, as nearly The post Cryptocurrency Market Stabilizes at $500 Billion, Bitcoin Records 5% Gain appeared first on CCN The post Cryptocurrency Market Stabilizes at $500 Billion, Bitcoin Records 5% Gain appeared first on Your Daily Satoshi.

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Founder of Algebraix Comments on Facebook’s Cryptocurrency Ad Ban

Source: Coinjournal.net

In 2017, initial coin offerings (ICOs) became a landmark feature as they entered the mainstream. According to fintech analytics provider Autonomous NEXT, ICOs raised $4.2 billion in 2017, eclipsing the $225 million raised the previous year. Even though ICOs have been around for years, they gained new heights of interest last year aided by celebrities […] This post Founder of Algebraix Comments on Facebook’s Cryptocurrency Ad Ban first appeared on Coinjournal.

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Bitcoin Price: Will Bullish ‘Flip’ Finally Clear $11K Hurdle?

Bitcoin Price: Will Bullish ‘Flip’ Finally Clear $11K Hurdle?
Source: Bitcoinist.com

Bitcoin price has remained above $10,000 despite its rapid retrace over the weekend when market momentum suddenly fizzled out. Vays Hints At ‘Bullish’ Daily, Weekly Outlook After passing $11,000 in Sunday trading, BTC/USD peaked at $11,283 on Bitstamp before dropping $1500 in hours to hit a low of $9727. A correction took prices back over $10,000 where they remained into Monday, analysts predicting a ‘flip’ into bullish territory as Bitcoin’s most likely next move. “The daily [chart] remains bullish and the weekly wants to flip bullish,” Tone Vays told viewers of his latest online trading seminar released late Sunday. As of press time, BTC/USD was centering around $11,000 once again, having risen performed a three-hour uptick of $500. Vays had correctly forecast a bearish environment when Bitcoinist reported on the previous week’s trading outlook, with resistance set to kick in…

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Korean Cryptocurrency Exchanges’ Commission Sales Spike 85x in 2017

Korean Cryptocurrency Exchanges’ Commission Sales Spike 85x in 2017
Source: Dailysatoshi.com

The post Korean Cryptocurrency Exchanges’ Commission Sales Spike 85x in 2017 appeared first on CCN South Korean cryptocurrency exchange operators have reportedly made enormous gains in commission-related sales in 2017, over 85 times that of the previous year. According to data released on Sunday by a politician from South Korea’s ruling Democratic Party, the accumulated sales from commissions among 30 cryptocurrency exchange operators is said to have reached 700 billion The post Korean Cryptocurrency Exchanges’ Commission Sales Spike 85x in 2017 appeared first on CCN The post Korean Cryptocurrency Exchanges’ Commission Sales Spike 85x in 2017 appeared first on Your Daily Satoshi.

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Cryptocurrency Insurance: More Companies Join The Bandwagon

Cryptocurrency Insurance: More Companies Join The Bandwagon
Source: Dailysatoshi.com

The post Cryptocurrency Insurance: More Companies Join The Bandwagon appeared first on CCN The rise of theft, fraud, and hacking associated with bitcoin trading has pushed insurance firms to offer insurance packages to investors in the digital currency space. Several insurers have decided to venture into offering insurance covers for different companies dealing with cryptocurrency. The risks involved are quite high, but the market is ripe for insurance The post Cryptocurrency Insurance: More Companies Join The Bandwagon appeared first on CCN The post Cryptocurrency Insurance: More Companies Join The Bandwagon appeared first on Your Daily Satoshi.

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Ethereum Classic Price may Reach a new All-time High Later Today

Ethereum Classic Price may Reach a new All-time High Later Today
Source: Themerkle.com

After yesterday’s negative trading pressure, most cryptocurrency markets are showing some positive momentum as of right now. The Ethereum Classic price shows a lot of upward momentum as of right now, thanks to a solid 17.7% gain in the past 24 hours. Whether or not this means the Ethereum Classic price will surpass $40 or higher later today, remains a big question, though. Ethereum Classic Price is Looking Pretty Solid It has become rather evident most cryptocurrency markets will see a strong bounce throughout 2018. Even though it is unclear whether or not that means we will see significant increases in the coming days or weeks, the momentum is certainly turning in favor of cryptocurrencies once again. Especially in the altcoin department, things are looking up once again, which is positive news for the people speculating on the Ethereum Classic…

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Bottom Confirmed? Bitcoin at 20-day High Near $11K

Bottom Confirmed? Bitcoin at 20-day High Near $11K
Source: Coindesk.com

Bitcoin price has rallied 84 percent from recent lows, suggesting a bottom is in place, although a long-term bull revival is still not certain, according to the price charts Over the weekend, CoinDesk’s Bitcoin Price Index (BPI) rose to $11,279.18, its highest level since Jan. 29. As of writing, the BPI is seen at $10,800 – up 1.59 percent in the last 24 hours. However, a bout of profit taking seems to have pushed the cryptocurrency back below $11,000 today. While the “V”-shaped rally from the Feb. 6 low of $5,947.40 certainly paints a bullish picture, investors are still divided on whether BTC has found a long-term bottom below $6,000. Bitcoin seems to have bottomed out below $6,000 as indicated by bullish doji reversal, but the weekly indicators are still less clear about the long-term prospects for the bulls, as…

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Bitcoin News Summary – Feb 19, 2018

The post Bitcoin News Summary – Feb 19, 2018 appeared first on 99 Bitcoins. Here’s what happened this week in Bitcoin in 99 seconds.   Bitcoin’s price climbed back over the $10,000 mark. These latest bullish trends in price seem to be a correction to the sharp price drops of the last few weeks. The rise in price may also be caused by additional investors looking to get into […]

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Bancor Bounce Back? A Once-Doubted ICO Is Winning Adoption

Bancor Bounce Back? A Once-Doubted ICO Is Winning Adoption
Source: Coindesk.com

When Bancor held its initial coin offering (ICO), it raised a lot of money and a lot of questions. Now, eight months on, the project seems to have found a role in the market. Announced last week, the Tel Aviv-based project, aimed to make it easier for people to launch their own crypto tokens, revealed it has grown its network substantially since June, when it raised $150 million selling tokens branded BNT. Including BNT, 35 tokens can now be traded on the platform, with more – enough to push the number of tokens offered over 100 – stating they’ll integrate with Bancor soon. As far as token exchange volume on the platform, that has also spiked – going from $3 million per week in November to $37 million per week in January – according to the company. “We’re one of…

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White House Official: Bitcoin Regulation Won’t Happen Anytime Soon

White House Official: Bitcoin Regulation Won’t Happen Anytime Soon
Source: Bitcoinist.com

White House cybersecurity coordinator and special assistant to the president, Rob Joyce, stated the US still has a long road ahead of it before it starts regulating the world’s first cryptocurrency. Haste makes waste Bitcoin investors in the US worried about government regulation need not start sweating, yet. At the Munich Security Conference in Germany, Joyce — a nearly three-decade veteran of the National Security Agency who helps coordinate policy strategy in regards to cybersecurity between the government, private companies, non-governmental organizations and other countries — emphasized the importance of taking a measured approach to Bitcoin and the cryptocurrency space, as opposed to rushing in with government regulation which could have unintended consequences. Joyce said: I think we’re still absolutely studying and understanding what the good ideas and bad ideas in that space are. So, I don’t think [government regulation…

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MoneroV: A Trap Laid for Monero Users?

MoneroV: A Trap Laid for Monero Users?
Source: Btcmanager.com

Fork mania has arrived for the blockchain network Monero. There are plans to fork and provide an airdrop for holders of the altcoin during early March, dubbed MoneroV. The cash grab could be a way to uncover the individual identities of those who use Monero if they fall into the trap. Here, we outline the facts about MoneroV (XMV) and why you should cautiously consider claiming these coins. What’s so bad about on airdrop on the Monero network? It’s free money right? Not necessarily; some people say there’s no such thing as a free lunch. As bitcoin has experienced, sometimes the promise of free money has resulted in malware or phishing attacks. Furthermore, the launch of XMV produces adverse effects similar to the attack described in MRL-001 during September 2014. The privacy of users may be compromised because, if their…

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‘Biggest ICO Ever’: Telegram Raises $850M for Its TON Blockchain Development

‘Biggest ICO Ever’: Telegram Raises $850M for Its TON Blockchain Development
Source: Coinspeaker.com

In the pre-sale round including venture investors, Telegram managed to raise a whopping $850 million, over its initial target of $600 million. Popular messaging app Telegram is now seriously eyeing on the blockchain space. Earlier this year in the first week of Jan. 2018, reports of Telegram planning to launch a third-generation blockchain called the “Telegram Open Network“, emerged. Telegram’s blockchain network is expected to host a ton of features much more than what the Ethereum blockchain can currently offer and is expected to be much bigger in terms of network operations and scalability. It seems that the messaging app has successfully managed to clinch the first milestone thereby raising $850 million out of its proposed plans of raising $3-$5 billion, in total. According to the official document submitted to the SEC last week, Telegram raised the money “for the development of the…

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Canadian Bank to Offer Secure Vault for Cryptocurrencies

Canadian Bank to Offer Secure Vault for Cryptocurrencies
Source: Dailysatoshi.com

The post Canadian Bank to Offer Secure Vault for Cryptocurrencies appeared first on CCN VersaBank Inc., Canada’s smallest bank in terms of assets, is responding to the need for digital asset security by creating a digital vault that will be available by June. The bank recently hired Gurpreet Sahota, a cybersecurity expert, from Blackberry Ltd., a company long seen as an encryption and security leader. Sahota will oversee the The post Canadian Bank to Offer Secure Vault for Cryptocurrencies appeared first on CCN The post Canadian Bank to Offer Secure Vault for Cryptocurrencies appeared first on Your Daily Satoshi.

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Unless You are Mowgli, You Should Know What Crypto Mining is

Source: Coinspeaker.com

You would have had to live in the middle of tropical rainforest and with no access to internet and media not to get at least some sort of exposure to cryptocurrencies. Despite existing for a number of years now, it was only last year that the mainstream media was able to catch up with the hype, in part because of the booming returns that some coins posted by the end of 2017, not to forgetting the fact that the biggest one of all, Bitcoin, rose from a mere $800 to nearly $20,000.   While the growing acceptance of Bitcoin as a new method of exchange should be positive for Bitcoin in general, it comes with a double-edged sword. The fact of the matter is that the growing mining difficulty for creating new blockchains requires ever-more powerful computers and many of…

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PC Giant Lenovo Seeks Blockchain Validation Patent

PC Giant Lenovo Seeks Blockchain Validation Patent
Source: Coindesk.com

A new Lenovo patent filing suggests that the Chinese technology giant could look to using blockchain as part of system for verifying the validity of physical documents. In an application released by the U.S. Patent and Trademark Office (USPTO) last Thursday, Lenovo describes a set-up that utilizes digital signatures encoded in physical documents, which can be processed by computers and other machines, to verify the legitimacy of a document. The application was first submitted in August 2016, public records show. The processing machine decodes the signature and translates it into a digital “map” of the document, which can then be compared to the physical copy at hand. The application says that the digital signature represents a “security block chain,” with a series of digital signatures representing blocks in the security chain. Lenovo clarifies that its “security blockchain” “refers to a…

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Datarius Cryptobank to Launch Cryptocurrency Banking Services

Source: Btcmanager.com

Datarius Cryptobank is the first social P2P cryptobank with transparent conditions. It is being developed by the fintech company, iCrypto S.A., with the aim to demonstrate that fintech can be completely different by deciding to not impose any services on the user. In the cryptobanking industry, Datarius will become the first financial institution capable of offering its customers a full range of financial services implemented within a decentralized system. Datarius Token The DTRC token (Datarius Credit), a utility token based on the ERC-20 smart contract of the Ethereum network will be the only tool for participating in the Datarius decentralized banking system. The nominal value of the DTRC token is pegged at $0.01 during the initial coin offering that is scheduled to run between March 05, 2018 and April 05, 2018. Datarius’ vision is to provide people all over the…

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The Real Problem With Nocoiners

The Real Problem With Nocoiners
Source: Coindesk.com

Marc Hochstein is the managing editor of CoinDesk.  The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. A nocoiner, according to Urban Dictionary, is someone who has no bitcoin. But not everyone who has no bitcoin is necessarily a nocoiner. Rather, what makes a nocoiner a nocoiner is not simply the absence of cryptocurrency from his investment portfolio, but his sanctimonious attitude about it. Urban Dictionary’s definition, which was posted in December – about the time the word entered wide usage in the bitcoin community – goes on to describe nocoiners as: “….people who missed their opportunity to buy Bitcoin at a low price … and who [are] now bitter at having missed out. The nocoiner takes out his or her bitterness on Bitcoin Hodlers, by constantly claiming that Bitcoin will crash, is…

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Two Brothers Disrupt the Counterfeit Economy with Blockchain Start-up Seal Network

Two Brothers Disrupt the Counterfeit Economy with Blockchain Start-up Seal Network
Source: Themerkle.com

February 25th 2018, marks the pre-ICO launch of blockchain powered product authentication and services platform Seal. This Amsterdam start-up enables anyone to verify if a product is genuine or fake. Bart & Joris (founders) share: “We come from a family of creators. Our mother frequently saw her products get imitated, so we know first hand how devastating the impact of counterfeiting is. “Our family suffered.” Seal combines NFC chips, which are embedded into physical products, the Seal app, and the Seal Network to provide a fast, simple, and secure way to provide products authenticity and other services.  By facilitating a secure tokenized version of a physical product, Seal allows product-specific services to operate such as transferring ownership, theft prevention, product recalls, brand activation campaigns, product analytics and custom integration with third-party software, like the brands’ own app or e-commerce sites. In addition to solving the counterfeiting conundrum, Seal lets…

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Start Managing the Reputation Early

Start Managing the Reputation Early
Source: Themerkle.com

Reputation is the cornerstone of power. With its help you can rise, stand out in a crowd, win, and you can lose everything as well. It is only the shadows that fall on the reputation – as soon as the brand, product, specialist or common man is subjected to condemnation, attack and lose his position. Reputation of a private individual  is a more or less clear concept. However, what does the brand reputation stand for? – this is how the company is perceived, as well as its interrelated aspects partners, customers, employees and contractors. In other words, this is a cumulative opinion that provides others a better understanding of whether it is worth trusting a particular company, whether this company offers quality products or services. CLOSED ROUND is running LIVE! Interested in getting REPU tokens? Learn all details on REPU…

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First Cryptocurrency Fundraising for a European Bank

First Cryptocurrency Fundraising for a European Bank
Source: Themerkle.com

London, February, 18, 2018 – European Crypto Bank is building the first bank and trading platform to secure investments on Bitcoin and cryptocurrencies market. New generation bank (Fintech): Cryptocurrencies trading platform, financial analysis on cryptos, tokens and tax assistance.         French, Italian and English specialists have formed a multi-disciplinary team to create an European Private bank. Private bankers, tax specialists, computer scientists, mathematicians, and Blockchain engineers have partnered to facilitate access to the cryptocurrencies market to as many people as possible by personalized advice and approaches (wealth management and wealth optimization). Rising in the cryptocurrencies prices as well as corporate financing in the context of ICO (Initial Coin offering), through tokens, benefit mainly the countries of eastern Europe, Russia, Asian countries and Australia. European investors cannot do without the opportunities of this fabulous future market despite the uncertain…

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Bitcoin Divorce Presents New Challenge for Rabbinical Court in Israel

Bitcoin Divorce Presents New Challenge for Rabbinical Court in Israel
Source: Bitcoin.com

While some state authorities and financial regulators might deride bitcoin, more people are using the cryptocurrency in their everyday lives. This has recently become evident by divorce cases around the globe involving bitcoin, with the latest example coming from Israel. Also Read: Half of Large British Businesses Hold Stockpiles of Cryptocurrency Bitcoin Wedding Jewish groom signing a ketubah at his weddingA rabbinical court in Israel is now facing a bitcoin-related quandary for what appears to be the first time ever. The religious tribunal is asked to rule on the cryptocurrency in a matter of a specific divorce. An Israeli couple, identified as a top female banker and a male executive at an investment firm, both in their early thirties, just got married three months ago. In the Jewish wedding ceremony the groom has to commit to pay the bride some…

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3 Ways Decentralized Gaming Platforms Will Disrupt the Gaming Industry

3 Ways Decentralized Gaming Platforms Will Disrupt the Gaming Industry
Source: Themerkle.com

As the gaming industry starts to utilize blockchain technology to drive digital innovation, there has been an uptick in the creation of “decentralized gaming platforms.” Decentralized gaming platforms serve as a one stop shop for gamers and developers to create and play games, sell/purchase virtual goods, and make use of cryptocurrencies. These platforms can also help companies launch initial coin offerings (ICOs). The benefits offered by decentralized gaming platforms are highly innovative, as these models apply blockchain technology to achieve a number of advanced features. Secure data sharing, transparent and instant transactions, and peer-to-peer interactions are all part of the decentralized gaming ecosystem. To put this into perspective, Game Chain System (GCS) is a China-based startup that owns a series of blockchain software solutions. Using this technology, GCS has created a decentralized gaming platform that acts as a marketplace to help…

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