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CBOE Saw Its Highest-Ever Bitcoin Futures Volumes Yesterday

CoinDesk, 1/1/0001 12:00 AM PST

Bitcoin futures contracts saw a spike in trading volume Wednesday, according to data from both CBOE and CME.

CRYPTO INSIDER: Ethereum founder bashes crypto news site CoinDesk

Business Insider, 1/1/0001 12:00 AM PST

Ethereum cofounder creator Vitalik Buterin

Welcome to Crypto Insider, Business Insider’s roundup of all the bitcoin and cryptocurrency news you need to know today. Sign up here to get this email delivered direct to your inbox.

Thousands of people will be in attendance at CoinDesk's 2018 Consensus conference in May, but Ethereum founder Vitalik Buterin will not be among them.

On Thursday, the 24-year-old said on Twitter he would boycott this year's conference, and encouraged others to follow suit. Here's the full story. 

Here are the current crypto prices:

Bitcoin price today ethereum litecoin ripple

In the news: 

New to Crypto Insider? Business Insider has a ton of articles to get you caught up to speed, including:

What other questions do you have about crypto? Ask them in Business Insider's Crypto Insider Facebook group today to discuss with readers from all over the world, as well as BI editorial staff. 

SEE ALSO: The Winklevoss twins are teaming up with Nasdaq to sniff out bad actors on their cryptocurrency exchange

Join the conversation about this story »

NOW WATCH: Wall Street's biggest bull explains why trade war fears are way overblown

CRYPTO INSIDER: Ethereum founder bashes crypto news site CoinDesk

Business Insider, 1/1/0001 12:00 AM PST

Ethereum cofounder creator Vitalik Buterin

Welcome to Crypto Insider, Business Insider’s roundup of all the bitcoin and cryptocurrency news you need to know today. Sign up here to get this email delivered direct to your inbox.

Thousands of people will be in attendance at CoinDesk's 2018 Consensus conference in May, but Ethereum founder Vitalik Buterin will not be among them.

On Thursday, the 24-year-old said on Twitter he would boycott this year's conference, and encouraged others to follow suit. Here's the full story. 

Here are the current crypto prices:

Bitcoin price today ethereum litecoin ripple

In the news: 

New to Crypto Insider? Business Insider has a ton of articles to get you caught up to speed, including:

What other questions do you have about crypto? Ask them in Business Insider's Crypto Insider Facebook group today to discuss with readers from all over the world, as well as BI editorial staff. 

SEE ALSO: The Winklevoss twins are teaming up with Nasdaq to sniff out bad actors on their cryptocurrency exchange

Join the conversation about this story »

NOW WATCH: Wall Street's biggest bull explains why trade war fears are way overblown

Ripple Says Sales of XRP Cryptocurrency Rose 83% In Q1

CoinDesk, 1/1/0001 12:00 AM PST

While XRP's price has fallen since the end of the year, Ripple's sales of the cryptocurrency are stronger than ever.

Romania's Oldest Bitcoin Exchange Is Shutting Down Next Week

CoinDesk, 1/1/0001 12:00 AM PST

BTCxChange announced it was closing its platform on May 1, and advised customers to withdraw all funds before then.

$140 Million in Bitcoin Moved from Mt.Gox Wallet This Morning

CryptoCoins News, 1/1/0001 12:00 AM PST

Approximately 16,000 BTC associated with the infamous and now-defunct Bitcoin exchange Mt. Gox were moved on Thursday, sparking speculation that the estate’s trustee is preparing to liquidate more coins. The transactions — worth nearly $141 million — were first flagged by CryptoGround — a service that monitors Mt. Gox’s Bitcoin and Bitcoin Cash wallets. Blockchain … Continued

The post $140 Million in Bitcoin Moved from Mt.Gox Wallet This Morning appeared first on CCN

What you need to know on Wall Street today

Business Insider, 1/1/0001 12:00 AM PST

Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours. Sign up here to get the best of Business Insider delivered direct to your inbox.

"I heard that you're looking to renovate, so this is perfect for you," JoJo Fletcher told a host of "Living Oklahoma" in a sponsored segment this week after a short repartee about home improvement.

If you've followed Fletcher's career, her comment might not be surprising. She was a real-estate developer before she gained fame on ABC's "The Bachelorette," after all.

What's possibly more surprising is how she came to be on the show this week and who she was representing.

"When it comes to financing your home renovation, I always tell people, 'Explore all of your options,'" Fletcher said. "That's why I'm here today. I've partnered with Marcus by Goldman Sachs to share some of those tips that I've learned along the way."

Let it sink in for a moment: Goldman Sachs has partnered with a star from "The Bachelorette." It's the latest sign that the bank is trying to court Main Street borrowers — and in doing so, shape a new image for itself. Here's our story

Elsewhere in finance news, Deutsche Bank is embarking on a major overhaul (again) and it will lead to big job losses (again).

We talked to the CEO of Revolut, a bank that hit a $1.7 billion valuation in less than three years, about US expansion and "building something bigger than" HSBC. And in crypto news, Genesis Trading is looking to stay open 24/7 as it rides a wave sweeping up traders in one corner of the bitcoin market.

In the hedge fund world, Och-Ziff's co-CIO Jimmy Levin has been selling a bunch of his stock in the hedge fund — and Wall Street investors are wondering why.

In markets news: 

And in tech news: 

Join the conversation about this story »

NOW WATCH: Investors need to lower their expectations

Spotlight: A Number of Crypto Influencers are Being Accused of Market Manipulation

CryptoCoins News, 1/1/0001 12:00 AM PST

Earlier today, a new steemit account by the name of @cryptomedication published a blog post featuring 76 screenshots of pump and dump telegram group chats. The contents allege that Bitcoin Bravado, CryptoGat, Peripheral, CryptoHornHairs, ParabolicMp, CryptoDog, CryptoSignals, and others were colluding together to suppress prices of HavenProtocol (XHV), acquire a significant sum then promote to their respective followers in

The post Spotlight: A Number of Crypto Influencers are Being Accused of Market Manipulation appeared first on CCN

This Startup Wants to Save Bitcoin (From Itself)

Inc, 1/1/0001 12:00 AM PST

Whether it's a fad or not, the inevitable implications of Bitcoin continue to beworrisome.

Regulatory Clarity Should Lead to More Capital Investment in Crypto: Panel

Bitcoin Magazine, 1/1/0001 12:00 AM PST

Regulatory Clarity Should Lead to More Capital Investment in Crypto: Panel

The Distributed Markets conference took place in Chicago on April 23, 2018, and featured an array of blockchain and financial experts working to shed light on opportunities and changes happening in the cryptocurrency space.

Among the main goals of the conference was to educate attendees on how they could integrate blockchain technology into their businesses, thereby increasing cost-effectiveness and overall efficiency. A Blockchain Academy workshop and a hackathon were also available to give developers and entrepreneurs a chance to study blockchain macro cases and showcase their skills.

In a panel moderated by Joseph Bradley, entitled “Crypto Regulation: Striking a Balance Between Compliance and Growth,” speakers Colleen Sullivan of CMT Digital; Illinois state regulator Sean T. O’Kelly; Haimera Workie, senior director of FINRA’s Office of Emerging Regulatory Issues; and Tennessee blockchain lawyer J. Gray Sasser of Frost Brown Todd addressed the topic of regulation.

Perhaps the biggest issues hitting the crypto arena are regulation, and how tokens and virtual assets should be classified. The Commodities Futures Trading Commission (CFTC), for example, has jurisdiction over commodities like bitcoin and lists bitcoin futures on regulated interest exchanges.

The Securities and Exchange Commission (SEC), however, which works to regulate securities and all derivatives of securities, is now seeking to label all tokens distributed through Initial Coin Offerings (ICOs) as such, which could subject them to strict regulatory tactics that could seriously decrease their values. The SEC has since issued several subpoenas to virtual asset enterprises to better understand how certain tokens have been issued and marketed.

Sullivan was quick to tackle this issue. “All securities have to be traded on registered securities exchanges in the United States,” she told the audience.

She explained that the SEC first weighed in on cryptocurrencies in July of 2017, when it released an investigative report on the DAO, stating that certain tokens fell under the “securities” category per specific regulations. Presently, there are over 1,500 separate virtual tokens, and none are traded through securities exchanges the way they should be, as suggested by SEC standards.

Sasser also offered his insight, suggesting that if a token is pre-sold or offered through an ICO, it should technically qualify as a security unless it meets a certain level of functionality.

One of the primary arguments among those who stand against tokens classifying as securities is that they are used as payment methods by those investing in new coins, and, therefore, qualify as “utility tokens” due to their practical nature. Thus far, the SEC has been hesitant to accept this viewpoint.

Sasser said the issue and the industry itself is clouded with uncertainty.

“I’ve been doing these panels for a long time, and usually, my first answer to a lot of these kinds of questions is ‘I don’t know,’” he joked.

For the most part, Sasser believes the SEC has been clear in stating where tokens should fall, though they’ve failed to guide distributors along the way.

Sullivan further mentioned that states follow separate rules when it comes to governing cryptocurrency activity. Illinois, for example, has long refused to recognize cryptocurrencies as valid means of money transmission, but, according to fellow speaker O’Kelly, state regulators are beginning to reverse their overall views and are now attempting to attract blockchain startups and build Illinois as a possible tech hub.

Discussing “regulatory gaps” in the crypto arena, Sullivan explained that CFTC Commissioner Brian B. Quintenz is calling for the industry to “self-regulate,” as Congress has not yet taken the reins. She said that Quintenz is asking that blockchain and cryptocurrency leaders impose a self-regulatory organization that can enforce strict standards for other industry members to follow.

Sullivan mentioned that steps toward such an association have already begun, with a recent example coming from Tyler and Cameron Winklevoss of New York’s Gemini Exchange. They have proposed a Virtual Commodities Association, an industry-sponsored, self-regulatory organization for the U.S. virtual currency industry, which will set forth practical standards regarding how an exchange should be officiated, among other goals.

Sullivan believes Congress will eventually get involved, but suggested that maneuvers like these could cover the main ground until then.

In the meantime, the blockchain is presenting several new opportunities for recording data. O’Kelly, who says the government will always be indirectly involved in the verification process of blockchain transactions, says state representatives were recently approached by an organization that wanted to track the entire life of a car on the blockchain, including the change of owners along the way. That change of title would entail government-based authorization.

Sullivan concluded the discussion by explaining that, while the crypto market lacks solid regulation, the influx of institutional capital entering the space should eventually lead to a prime broker’s presence, thus paving the way to further stability and efficiency.

“I think as the regulatory environment becomes more clear in the next 12 months, we’re going to see a lot more capital,” she explained. “Right now, most changes in the industry have applied to retail.”

Note: Distributed Markets is an event held by BTC Inc, the parent company of BTC Media and Bitcoin Magazine.

This article originally appeared on Bitcoin Magazine.

More Than $140 Million in Bitcoin Moved from Mt Gox Wallets

CoinDesk, 1/1/0001 12:00 AM PST

Approximately $141 million worth of bitcoin was moved from several remaining wallets of former bitcoin exchange Mt Gox on Wednesday.

Bonpay Moves beyond Bitcoin Wallet to Become a Cryptocurrency Payment Platform

CryptoCoins News, 1/1/0001 12:00 AM PST

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned

The post Bonpay Moves beyond Bitcoin Wallet to Become a Cryptocurrency Payment Platform appeared first on CCN

An 'ugly Christmas sweater' company is making a fortune on these bitcoin and Ethereum sweaters — and the crypto crowd loves them

Business Insider, 1/1/0001 12:00 AM PST

ugly bitcoin sweater crypto hodlmoon

  • Hodlmoon makes $59 "ugly sweaters" emblazoned with the logos of popular cryptocurrencies, including bitcoin, Ethereum, and Litecoin.
  • The garment is becoming the unofficial uniform for crypto investors.
  • After launching last October, Hodlmoon sold more than 2,000 ugly sweaters and generated approximately $200,000 in revenue in 2017.

 

You might have guessed that the business at UglyChristmasSweater.com is seasonal, but there's one garment that's keeping the fashion faux pas in style year-round.

Fully-knit sweaters emblazoned with the logos of popular digital currencies, including bitcoin, Ethereum, and Litecoin — known as "ugly crypto sweaters" — are sweeping the online crypto community. Their maker, Hodlmoon, a spinoff of UglyChristmasSweater.com, sold more than 2,000 sweaters in 2017.

Long after the holiday office parties ended, crypto investors are still sharing photos of the garment on Twitter. 

We talked to the sweater's creator to learn how the unofficial crypto-uniform came to be.

Hodlmoon was born out of a crypto-buying frenzy

Zac Cohen, a web developer at UglyChristmasSweater.com, said he got the idea for bitcoin-themed sweaters after he turned a $100 investment in bitcoin into $5,000, as the price per coin soared. He bought one bitcoin in 2013, because he said the basic math behind it made sense to him.

Like gold, bitcoin has a limited and finite supply. Because there will only ever be 21 million coins, people buy bitcoin with the expectation that its value will increase as supply decreases.

"I was just like, I'm going to buy one so I can say I have one of 21 million,'" Cohen said.

He watched the price per coin rise steadily until last summer, when bitcoin began to gain hundreds of dollars in value by the day. Suddenly, bitcoin was everywhere, he said. Bullish investors and mainstream media attention ensured that pretty much everyone heard about bitcoin. A buying frenzy around the digital currency ensued, sending the price sky-high.

Cohen saw a business opportunity for UglyChristmasSweater.com in the chaos. He pitched the idea of ugly bitcoin-themed sweaters to the company's owners, brothers Fred and Mark Hajjar.

The unofficial uniform for bitcoin boosters

The Hajjars gave Cohen creative control over a spinoff company that specializes in fully-knit sweaters emblazoned with the logos of popular cryptocurrencies, including Ethereum and Litecoin. They called it Hodlmoon.

("Hodl" means to stay invested in cryptocurrency and resist selling when the price slides. If an investor holds, their investment might spike in value "to the moon," as the saying goes.)

"It's everyone's hope," Cohen said. "That's what I've been doing. So far so good."

After the first samples came back from the company's manufacturing facility in China, he shared a photo of the sweaters branded with bitcoin and Ethereum logos to Reddit. It shot to the front page of the site and received over 2,000 "upvotes," Reddit's rough equivalent of "likes."

During the first weekend of online sales in October, Hodlmoon sold 200 sweaters.

The company went on to sell over 2,000 sweaters in 2017, before it completely sold out about two weeks before Christmas. The sweaters retail for $59.99, generating roughly $200,000 in revenue in fewer than three months. Hodlmoon accepts credit and cryptocurrency as payment.

Even Dmitry Buterin, a cryptocurrency entrepreneur and father of Vitalik Buterin, the founder of Ethereum, sports Hodlmoon's Ethereum-themed sweater in his Twitter profile picture.

Cohen said the sweater's success stems from a passionate community of crypto investors.

"It's a niche inside a niche," he said.

SEE ALSO: After making a fortune in bitcoin, this 28-year-old realtor became a rapper known as CoinDaddy

Join the conversation about this story »

NOW WATCH: A crypto expert explains the difference between the two largest cryptocurrencies in the world: bitcoin and Ethereum

An 'ugly Christmas sweater' company is making a fortune on these bitcoin and Ethereum sweaters — and the crypto crowd loves them

Business Insider, 1/1/0001 12:00 AM PST

ugly bitcoin sweater crypto hodlmoon

  • Hodlmoon makes $59 "ugly sweaters" emblazoned with the logos of popular cryptocurrencies, including bitcoin, Ethereum, and Litecoin.
  • The garment is becoming the unofficial uniform for crypto investors.
  • After launching last October, Hodlmoon sold more than 2,000 ugly sweaters and generated approximately $200,000 in revenue in 2017.

 

You might have guessed that the business at UglyChristmasSweater.com is seasonal, but there's one garment that's keeping the fashion faux pas in style year-round.

Fully-knit sweaters emblazoned with the logos of popular digital currencies, including bitcoin, Ethereum, and Litecoin — known as "ugly crypto sweaters" — are sweeping the online crypto community. Their maker, Hodlmoon, a spinoff of UglyChristmasSweater.com, sold more than 2,000 sweaters in 2017.

Long after the holiday office parties ended, crypto investors are still sharing photos of the garment on Twitter. 

We talked to the sweater's creator to learn how the unofficial crypto-uniform came to be.

Hodlmoon was born out of a crypto-buying frenzy

Zac Cohen, a web developer at UglyChristmasSweater.com, said he got the idea for bitcoin-themed sweaters after he turned a $100 investment in bitcoin into $5,000, as the price per coin soared. He bought one bitcoin in 2013, because he said the basic math behind it made sense to him.

Like gold, bitcoin has a limited and finite supply. Because there will only ever be 21 million coins, people buy bitcoin with the expectation that its value will increase as supply decreases.

"I was just like, I'm going to buy one so I can say I have one of 21 million,'" Cohen said.

He watched the price per coin rise steadily until last summer, when bitcoin began to gain hundreds of dollars in value by the day. Suddenly, bitcoin was everywhere, he said. Bullish investors and mainstream media attention ensured that pretty much everyone heard about bitcoin. A buying frenzy around the digital currency ensued, sending the price sky-high.

Cohen saw a business opportunity for UglyChristmasSweater.com in the chaos. He pitched the idea of ugly bitcoin-themed sweaters to the company's owners, brothers Fred and Mark Hajjar.

The unofficial uniform for bitcoin boosters

The Hajjars gave Cohen creative control over a spinoff company that specializes in fully-knit sweaters emblazoned with the logos of popular cryptocurrencies, including Ethereum and Litecoin. They called it Hodlmoon.

("Hodl" means to stay invested in cryptocurrency and resist selling when the price slides. If an investor holds, their investment might spike in value "to the moon," as the saying goes.)

"It's everyone's hope," Cohen said. "That's what I've been doing. So far so good."

After the first samples came back from the company's manufacturing facility in China, he shared a photo of the sweaters branded with bitcoin and Ethereum logos to Reddit. It shot to the front page of the site and received over 2,000 "upvotes," Reddit's rough equivalent of "likes."

During the first weekend of online sales in October, Hodlmoon sold 200 sweaters.

The company went on to sell over 2,000 sweaters in 2017, before it completely sold out about two weeks before Christmas. The sweaters retail for $59.99, generating roughly $200,000 in revenue in fewer than three months. Hodlmoon accepts credit and cryptocurrency as payment.

Even Dmitry Buterin, a cryptocurrency entrepreneur and father of Vitalik Buterin, the founder of Ethereum, sports Hodlmoon's Ethereum-themed sweater in his Twitter profile picture.

Cohen said the sweater's success stems from a passionate community of crypto investors.

"It's a niche inside a niche," he said.

SEE ALSO: After making a fortune in bitcoin, this 28-year-old realtor became a rapper known as CoinDaddy

Join the conversation about this story »

NOW WATCH: A crypto expert explains the difference between the two largest cryptocurrencies in the world: bitcoin and Ethereum

‘Bitcoin Is the Greatest Scam in History,’ Says Founding PayPal CEO. Wrong.

CryptoCoins News, 1/1/0001 12:00 AM PST

One could say that former PayPal chief executive Bill Harris is not fond of Bitcoin, but that would be an understatement. Writing in an op-ed published by tech outlet Recode, Harris argues that Bitcoin is not only a bad investment but is also a “colossal pump-and-dump scheme, the likes of which the world has never

The post ‘Bitcoin Is the Greatest Scam in History,’ Says Founding PayPal CEO. Wrong. appeared first on CCN

Promoted: Plutus Is Pursuing the “Holy Grail” of Payment Innovation

Bitcoin Magazine, 1/1/0001 12:00 AM PST

BTC Dinner


While many people see cryptocurrency as a speculative investment, many of the new asset class’ earliest adopters believe they could be much more promising for everyday currency use.

Championing the motto “Spend Crypto, Anywhere,” the U.K.-based project, Plutus, is leading the charge in delivering a worldwide payments solution to make it easier for cryptocurrency users to spend money with merchants.

Through this payment solution, online purchases can be made using either Plutus’ Tap & Pay app or physical debit card. With Plutus, prepaid funds can be added by using the pluton token (PLU), Bitcoin, Ethereum and other cryptocurrencies.

Steering clear of “innovation for innovation's sake,” Plutus is cutting a new edge in the payments business by making emerging technology tangible and practical for the everyday user. The aim is to make transactions more seamless by offering a trusted and secure mechanism for converting crypto into fiat currency and vice versa. Consumers can spend without being subjected to massive fees while benefiting from additional incentives such as the pluton rewards.

These rewards are the signature piece for Plutus’ decentralized loyalty system. Users will get up to 3 percent in pluton as a loyalty reward for every deposit they make in Bitcoin or Ethereum. Since pluton is the preferred currency of the platform, users who transact with pluton are exempt from all fees. 

“We have created both the first decentralised cryptocurrency-to-fiat loading gateway, as well as the first loyalty rewards token,” said Plutus CEO Danial Daychopan. “Unlike frequent flyer miles and similar centralized bonus programs, this means that customers have full freedom regarding what they do with the rewards they collect, as well as the confidence that their cryptocurrencies are safe on the wallets or cold storage of their choosing.”

Three Layers, One Payment Solution

The Plutus model is composed of three core solutions:  

Tap & Pay is Plutus’ Android and iOS app for making purchases with Bitcoin and Ethereum at any contactless point of sale machine.

The Plutus Debit Card can be used to make payments at any physical debit card terminal worldwide, as well as online. The card can be loaded and reloaded through Plutus Tap & Pay, and it supports contactless (NFC) payments.

PlutusDEX is the company’s peer-to-peer, smart contract exchange that fosters liquidity for the Tap & Pay app. It’s here where PlutusDEX traders can escrow fiat currency such as the British pound (GBP) or the Euro (EUR) to purchase Bitcoin and Ethereum directly from Tap & Pay users.

One of the key benefits of PlutusDEX as a decentralized gateway is that user cryptocurrencies never have to be stored. This means that there is no central repository where the coins are housed as in the case of a centralized exchange. Instead of a central hot or cold wallet, the PlutusDEX order-matching engine allows customers to transact directly between each other.

In essence, Plutus never moves escrowed fiat funds to a customer’s card until that person has successfully sent a crypto transaction. This transaction is then recorded on the public blockchain and confirmed by miners. The crypto is routed directly to the buyer’s wallet of choice before the fiat is released from escrow to the card. 

Company leaders said that Plutus will appeal most to freelancers, entrepreneurs, miners, traders, digital nomads, developers and tourists. As cryptocurrency continues to grow and mature, Plutus hopes to expand its audience to anyone with a smart device.

This promoted article originally appeared on Bitcoin Magazine.

AMD shrugged off one of Wall Street’s biggest concerns about cryptocurrency mining (AMD)

Business Insider, 1/1/0001 12:00 AM PST

AMD lab


AMD (Advanced Micro Devices) got a big boost as its graphics chips, once popular only among gamers, were being gobbled up by would-be cryptocurrency miners at the height of this winter’s crypto craze.

But as crypto prices have declined in 2018, so too has demand for GPU’s for mining, worrying some Wall Street analysts that used cards might flood the secondary market and hurt AMD’s sales of new chips.

The company’s CEO, however, says this isn’t a worry.

“We don't see a significant risk of secondhand GPUs coming into the market," chief executive Lisa Su said on a conference call following AMD’s expectation-topping first quarter earnings on Wednesday.

"We do see a bit of volatility and that's why we are putting into our forecast for the second quarter and the second half a little bit lower blockchain demand, but that's more than made up for by the other new products and the way the new products are ramping in the business."

The price of bitcoin hit a peak of $19,843 in January, and resulting interest in mining with AMD chips contributed to 10% of first quarter revenue for the company, CFO Devinder Kumar said on the call. 

Even without help from crypto, the company doesn't seem to be worried about a dropoff anytime soon. AMD also raised its revenue forecast for the second quarter to $1.725 billion, a 50% increase over the same quarter in 2017, in the release. 

But the road ahead will be difficult as prices continue to slide: Bitcoin is now down 55% from its peak, new “application-specific” mining computers are being introduced to the market, and ethereum — the second-largest cryptocurrency by market cap — could switch to a less intensive mining process within six months.

"A crash in cryptocurrency mining, and a sudden sale of grey market graphics cards could lower average selling prices and volumes of new graphics cards for several quarters,” UBS warned clients earlier this month.

Shares of AMD climbed more than 9% following its earnings report Wednesday and are down 2.8% for the year so far. 

AMD stock price

 

SEE ALSO: AMD surges after a stellar earnings report (AMD)

Join the conversation about this story »

NOW WATCH: Wall Street's biggest bull explains why trade war fears are way overblown

AMD's 'Combat Crate Bundles' help gamers quickly build PCs

Engadget, 1/1/0001 12:00 AM PST

Thanks to the stupidity that is Bitcoin mining, graphics cards for gaming have become wildly over-expensive. AMD has come to the rescue with the Combat Crate Bundle, giving you the main components you need to build a decent PC. For $550 (at Amazon, N...

(+) Is Manipulation Behind Bitcoin Cash’s Absurd Rally?

CryptoCoins News, 1/1/0001 12:00 AM PST

The post (+) Is Manipulation Behind Bitcoin Cash’s Absurd Rally? appeared first on CCN

Bitcoin Risks Deeper Pullback After Drop Below $9K

CoinDesk, 1/1/0001 12:00 AM PST

After hitting a one-week low today, bitcoin risks a deeper pullback if support at $8,459 is breached, the technical charts indicate.

How Your Business Could Use The Blockchain

Inc, 1/1/0001 12:00 AM PST

There's more to cryptocurrency then Bitcoin... much more.

IBM introduces a blockchain to verify the jewelry supply chain

TechCrunch, 1/1/0001 12:00 AM PST

Every time I talk to someone about the viability of blockchain, I get challenged to show a real project beyond the obvious bitcoin use case. IBM has been working to build large enterprise projects blockchain and today they offered an irrefutable example that they have dubbed TrustChain, a blockchain that proves the provenance of jewelry by […]

Kyber Network and OmiseGo Surge 70% With Bithumb Integration as Bitcoin Dips Below $9,000

CryptoCoins News, 1/1/0001 12:00 AM PST

Kyber Network (KNC) and OmiseGo (OMG) have surged by more than 73 percent and 32.5 percent respectively upon the announcement of South Korea’s biggest cryptocurrency exchange Bithumb’s integration. Bithumb Jackpot Earlier this year, Storm, an Ethereum-based ERC20 token project that incentivizes users for completing microtasks such as viewing advertisements on mobile phones or carrying out

The post Kyber Network and OmiseGo Surge 70% With Bithumb Integration as Bitcoin Dips Below $9,000 appeared first on CCN

The 17 Millionth Bitcoin Is About to Be Mined: What It Means and Why It Matters

CoinDesk, 1/1/0001 12:00 AM PST

17 million done, four million to go.

Show ‘Basic Respect’: Kraken CEO Double Downs on ‘Insulting’ New York Crypto Exchange Inquiry

CryptoCoins News, 1/1/0001 12:00 AM PST

Kraken CEO and co-founder Jesse made headlines recently for his strongly-worded response to the New York Attorney General’s request for information on the Kraken exchange, the largest bitcoin exchange based on euro volume in the world. The NYAG sent out a statement insisting that exchanges be more transparent, and issued 13 exchanges a 34 point … Continued

The post Show ‘Basic Respect’: Kraken CEO Double Downs on ‘Insulting’ New York Crypto Exchange Inquiry appeared first on CCN

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