Please share if you find this article interesting. Hodler’s Digest, June 4-10: Bitcoin Adoption Galore Despite its 300th ‘Funeral’ Top Stories This Week Apple Co-Founder Very Bullish On Bitcoin As The Only “Pure” Cryptocurrency Steve Wozniak said this week that he sees “only Bitcoin [as] pure digital gold,” echoing previous comments by Twitter CEO Jack Dorsey about Bitcoin becoming the “single” currency of both the internet and the world. According to Wozniak, all other cryptocurrencies give up some aspects of Bitcoin that makes Bitcoin a unique asset class. SEC Chairman Jay Clayton Believes Bitcoin Is Not A Security After months of uncertainty coming from the SEC over cryptocurrency and ICO regulation, the SEC chairman Jay Clayton said during a CNBC interview that Bitcoin is no
Please share if you find this article interesting. Canada Releases Official Draft of New Crypto Regulations Focused on KYC/AML The Canadian government has released an official draft of new regulations on crypto exchanges and payment processors, Canada Gazette reports June 9. According to the draft, the new regulations seek to address a “number of deficiencies” that the Financial Action Task Force (FATF) outlined after their evaluation in 2015-16, namely in strengthening Canada’s Anti-Money Laundering and Anti-Terrorist Financing Regime (AML/ATF). The new regulations will treat crypto exchanges and payment processors as money service businesses (MSB), which requires them to report large transactions — those over $10,000 Canadian dollars ($7700 USD) — and a new Know Your Customer (
Please share if you find this article interesting. The Top 5 Ethereum Dapps By Daily Active Users From the mists of ideation, a first wave of ethereum dapps is starting to emerge. Launched in 2015 with the promise that developers could use its technology as a "secure backbone" for a new kind of software application, ethereum has long held the promise of enabling such innovations, all "without any possibility of downtime, censorship or third-party interference." So far, however, this vision has largely fueled an explosion of fundraising through initial coin offerings (ICOs), in which ethereum-based tokens were sold as the native currency for applications that were ostensibly being built, but in many cases have yet to see a real launch. In other words, there is plenty of fodder for...
Please share if you find this article interesting. Bitcoin Price Weekly Analysis: Can BTC/USD Break Higher? Key PointsBitcoin price is placed nicely above the $7,200 level with positive signs against the US Dollar.There is a key bearish trend line in place with resistance at $7,750 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).The pair must accelerate gains above the $7,750 and $7,800 barriers for more upsides in the near term.Bitcoin price is moving in a bullish zone above $7,200 against the US Dollar. BTC/USD may perhaps clear the $7,800 resistance to jump above $8,000 in the near term.Bitcoin Price ResistanceThis past week, bitcoin price mostly traded in a range above the $7,000 handle against the US Dollar. The best part was the fact that the price stayed a...
Please share if you find this article interesting. Ethereum Price Weekly Analysis: ETH/USD’s Uphill Task Key HighlightsETH price is trading in a positive zone above the $570 level against the US Dollar.There is a major bearish trend line in place with resistance near $650 on the 4-hours chart of ETH/USD (data feed via Kraken).The pair may perhaps move higher in the short term, but it could struggle to break the $650 resistance.Ethereum price is moving in a broad range versus the US Dollar and Bitcoin. ETH/USD might gain traction to test a major hurdle near the $650 level.Ethereum Price ResistanceThis past week, ETH price traded once towards the $630 level against the US Dollar. However, the upside move was capped and the price remained in a range around the $600 level. Starting f
Please share if you find this article interesting. Bitcoin Cash Price Weekly Analysis: BCH/USD Bullish Above $1,200 Key PointsBitcoin cash price remained in a positive zone above the $1,000 level against the US Dollar.There is a major bearish trend line forming with resistance near $1,200 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair has to settle above the $1,200 barrier to gain traction in the near term.Bitcoin cash price is placed in a bullish zone against the US Dollar. BCH/USD will most likely trade in a range before making an attempt to surpass $1,200.Bitcoin Cash Price ResistanceThere were a few swing moves above the $1,000 level this past week in bitcoin cash price against the US Dollar. The price dipped once towards the $1,000 support with a m...
Please share if you find this article interesting. Study Shows That 1/3 of All Bitcoin Owned by 1,600 Wallets The Express reported that figures from Chainalysis, a well-known cryptocurrency analysis firm, show that over one-third of all Bitcoin is in only 1,600 wallets. Go to Source Author: nickchong Found this article interesting? Kindly share it on Social Media.
Please share if you find this article interesting. Crypto Valley’s Zug to Run Switzerland’s First Blockchain-Based Municipal Vote The Swiss city of Zug will conduct a blockchain-powered trial municipal vote this summer, local media outlet Swissinfo.ch reported June 8. The event, which is scheduled to take place between June 25 and July 1, will reportedly be Switzerland’s first municipal vote using blockchain. According to the report, the upcoming trial vote will implement the city’s digital ID (eID) system that was launched in November 2017. The system will allow citizens to vote via their mobile devices. Apart from voting on minor municipal matters, citizens will also be asked if blockchain-based eID system should be used for referendum votes in the future. Since the upcoming vo
Please share if you find this article interesting. Colombian Banks Close All Accounts of S. American Crypto Exchange Buda Colombian banks closed all the accounts of South American crypto exchange Buda.com, local news outlet Diario Bitcoin reported June 8, citing an email the company sent to its clients. According to the email, the move was spontaneous, the banks confirming that the accounts had been closed without providing further explanation. The crypto exchange reported soon after the news that it was experiencing technical difficulties, but would fully resume services June 13. Buda’s Colombian CEO Alejandro Beltran confirmed the situation to local industry media Cripto247. He also named the three banks that blocked Buda’s accounts: Bancolombia, BBVA and Davivienda. Cripto 2
Please share if you find this article interesting. Fifth Largest Cryptocurrency EOS’ Blockchain Set to Launch The EOS blockchain is set to launch today, June 9, according to the results of a live-streamed vote that took place yesterday, June 8. Candidates to become the EOS blockchain’s so-called “Block Producers” – the equivalent of miners on the Bitcoin blockchain – voted “Go” in their latest voting session to make the EOS mainnet go live at 1:00pm UTC today. The community has yet to confirm that a successful launch has taken place as of press time. EOS LAUNCH IS A GO! The blockchain will launch at 1300 UTC Saturday. GO EOS!! #eosio #blockchain #cryptocurrency — EOS Go (@go_eos) June 9, 2018 The news comes a week after EOS’ creator, blockchain software developer Block.one, rele