CryptoCoins News, 1/1/0001 12:00 AM PST Bitcoin trading launched price into a fast-paced corrective advance over the weekend only to lose momentum half-way to its destination. Trade spent its second day in sideways consolidation, today, reflecting uneasy and directionless global market conditions. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Trading and Price Analysis Time of analysis: 15h56 UTC Bitstamp 1-Day Chart From the analysis pages of xbt.social, earlier today: Since yesterday morning's (UTC) push above $240 (Bitstamp), price action has been correcting […] The post Bitcoin Trading Unsure appeared first on CCN: Financial Bitcoin & Cryptocurrency News. |
Bitcoin Magazine, 1/1/0001 12:00 AM PST Chosun, the largest and most popular online news publisher in South Korea has reported that law enforcement is about to begin investigations on altcoin pump-and-dump and bitcoin Ponzi schemes. The Bank of Korea will support local law enforcement and agencies with the investigation and will provide the necessary infrastructure and technology to search for scam bitcoin projects and programs. The joint investigation will also focus on the trading of altcoins that have no value, or are suspected of being a pump-and-dump scheme. “According to our sources, there are 676 altcoins, including bitcoin, listed on coinmarketcap.com. However, only 309 of them have a market cap of USD$10,000, and others are almost worth nothing. Furthermore, there are 550 altcoins that have extremely […] The post South Korean Law Enforcement to Launch Investigations on Altcoin Pump-and-Dump Schemes appeared first on Bitcoin Magazine. |
Bitcoin Magazine, 1/1/0001 12:00 AM PST Chosun, the largest and most popular online news publisher in South Korea has reported that law enforcement is about to begin investigations on altcoin pump-and-dump and bitcoin Ponzi schemes. The Bank of Korea will support local law enforcement and agencies with the investigation and will provide the necessary infrastructure and technology to search for scam bitcoin projects and programs. The joint investigation will also focus on the trading of altcoins that have no value, or are suspected of being a pump-and-dump scheme. “According to our sources, there are 676 altcoins, including bitcoin, listed on coinmarketcap.com. However, only 309 of them have a market cap of USD$10,000, and others are almost worth nothing. Furthermore, there are 550 altcoins that have extremely […] The post South Korean Law Enforcement to Launch Investigations on Altcoin Pump-and-Dump Schemes appeared first on Bitcoin Magazine. |
Bitcoin Magazine, 1/1/0001 12:00 AM PST “There’s a deep rift amongst bitcoin core devs regarding what the purpose of Bitcoin should be,” said Eric Lombrozo, Bitcoin developer and CEO of Ciphrex. “Unfortunately, the fundamental underlying disagreements aren’t being properly addressed … and most of the discussion has instead focused on the differing conclusions rather than on the real causes of disagreement.” On August 15, Bitcoin Magazine reported that the first of two Scaling Bitcoin workshops would be held in Montreal on September 12 and 13. This first phase of proposals and presentations is intent on setting the stage for further discussions in phase two, which is planned for December 6-7 in Hong Kong, all with the goal of generating the sort of discussion that Lombrozo is […] The post Will Scaling Bitcoin Bring Us to Consensus on the Block Size Debate? appeared first on Bitcoin Magazine. |
CryptoCoins News, 1/1/0001 12:00 AM PST This is a Bitcoin Press Release: Backed by the Diamond Foundation and an array of price stability mechanisms and professional services, long term valuable digital currency DMD’s team believes in the potential of cryptocurrency for wealth creation worldwide. DMD recently celebrated its second birthday. The digital currency industry – while met with controversy in both the governmental and financial sector – has grown rapidly since Bitcoin was first created by Satoshi Nakamoto. Unlike fiat money cryptocurrency is not produced by banks and controlled by governments. It is cheap to transfer and can be protected against inflation. Cryptocurrencies may invoke a […] The post How Anyone, Anywhere Can Make Money With Digital Currency – Bitcoin Alternative DMD’s Team Explains appeared first on CCN: Financial Bitcoin & Cryptocurrency News. |
CoinDesk, 1/1/0001 12:00 AM PST Multinational investment bank AXA is eyeing bitcoin to help streamline the remittance market, the general partner of its VC fund has told CoinDesk. |
Bitcoin Magazine, 1/1/0001 12:00 AM PST Today ECUREX, a digital finance marketplace for professional traders and financial institutions headquartered in Zurich, is publishing a comprehensive 110-page report on digital currencies – an ECUREX Research Working Paper titled “Digital Currencies: Principles, Trends, Opportunities, and Risks.” In June, Bitcoin Magazine reported that ECUREX was the first digital currency exchange platform to be fully compliant with the Swiss Banking Act and Anti-Money Laundering (AML) Ordinance. Now, with the permission of ECUREX, Bitcoin Magazine is publishing some excerpts of the new report before it’s publicly released. The report is authored by Paolo Tasca, research economist at Deutsche Bundesbank and founder of ECUREX, with the support of ECUREX researchers James B. Glattfelder and Nicolas Perony, who also work, respectively, at the […] The post Exclusive Preview: ECUREX Research to Release Comprehensive Digital Currency Market Report appeared first on Bitcoin Magazine. |
CryptoCoins News, 1/1/0001 12:00 AM PST It’s very likely that you are aware or have heard of the term VPN (Virtual Private Network), although you probably don’t use one. If that is indeed the case, it might be entirely prudent to use a VPN at some point, even if you aren’t doing so right now. The post What is a Virtual Private Network (VPN) and Why Do I Need It? appeared first on CCN: Financial Bitcoin & Cryptocurrency News. |
CryptoCoins News, 1/1/0001 12:00 AM PST After a lot of pressure from the developer community, Safaricom has announced it will be releasing the MPESA API. The MPESA API platform comes as a result of a recent upgrade that Safaricom conducted on its MPESA platform. The old system, which the company described as G1, could only handle payments through what is known as Instant Payment Notification or IPN. To enable IPN the system had to create a number of workarounds to automate the payments. However, with the new system known as G2, they have solved this issue. G2 does much more. As the use of MPESA has […] The post Safaricom Releases the MPESA API - Possibilities for Bitcoin? appeared first on CCN: Financial Bitcoin & Cryptocurrency News. |
CoinDesk, 1/1/0001 12:00 AM PST Travis Patron explains why our notion of taxation is ripe for disruption, and why cryptocurrency is already liable for taxation by default. |
CryptoCoins News, 1/1/0001 12:00 AM PST The New Normal continues as markets tentatively rebound from the mid-year shake-up. Investors remain on the lookout for profit and the mainstream media dubs August market declines as 'buying opportunities'. The global slowdown grinds down a gear as Asian production slumps again and emerging markets begin showing signs of market instability. This post is powered by the Bitcoin Trading Network xbt.social - CCN29 and get 29USD off! Economic Indicators World Indexes and Forex Rates Commodities In the Calendar This Week Mon 7 September China Foreign Currency Reserves (previous: 532B) Tue 8 September China Trade Balance (expected: 48.6B previous: 43.0B) […] The post Global Economic Outlook: Asia and Emerging Markets Slowing Down appeared first on CCN: Financial Bitcoin & Cryptocurrency News. |
CryptoCoins News, 1/1/0001 12:00 AM PST UBS is working on a block chain based “settlement coin” that financial institutions will use, according to The Wall Street Journal. Unlike bitcoin, the UBS “utility settlement coin” would link to real-world currencies and central bank accounts. Oliver Bussmann, CIO of Switzerland-based UBS, said the coin will help establish the block chain in global finance. The currency, being developed with Clearmatics, a London-based firm that makes clearing machines for OTC markets, could reduce transaction settlement times. The coin could reduce settlement time from two or three days to a matter of seconds. UBS’ new cryptocurrency lab in London is leading […] The post UBS Develops ‘Settlement Coin,’ Bringing Block Chain To Financial Markets appeared first on CCN: Financial Bitcoin & Cryptocurrency News. |