Tuesday, July 17Your Daily Bitcoin & Altcoin News Portal

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Robinhood Adds Support for Dogecoin on Its Crypto Platform

Robinhood Adds Support for Dogecoin on Its Crypto Platform

BITCOIN
Please share if you find this article interesting. Robinhood Adds Support for Dogecoin on Its Crypto Platform U.S.-based trading company Robinhood has added support for Dogecoin (DOGE) on its Robinhood Crypto platform, according to a blog post published July 16. DOGE is a peer-to-peer digital currency started as a parody on a dog meme based on a real Japanese Shiba Inu named Kabosu. DOGE was introduced in December 2013, and currently has a market capitalization of $331 million according to Coinmarketcap. With today’s announcement, DOGE has joined Litecoin (LTC) and Bitcoin Cash (BCH), which were added to the platform last week. Dogecoin has no limit to how many coins can be mined, with over 115 billion currently in circulation. DOGE reached a $1 billion market capitalization in
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China Sees Sixfold Increase in Companies With ‘Blockchain’ in Their Title

China Sees Sixfold Increase in Companies With ‘Blockchain’ in Their Title

BITCOIN
Please share if you find this article interesting. China Sees Sixfold Increase in Companies With ‘Blockchain’ in Their Title In China, the number of companies registered with the word “blockchain” in their names surged from January to July 16, 2018, surpassing last year’s number by nearly sixfold, the South China Morning Post (SCMP) reported July 16. Citing figures from business and civil data aggregator Qixin.com, SCMP reported that the country currently hosts more than 4,000 blockchain-related companies. In the past six-and-a-half months, there were 3,078 firms with the word “qukualian” (the Chinese translation of blockchain) in their names, while last year there were 555. In the past twelve months, 16,600 firms were set up with blockchain specified as part of their lines of b
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Study: 38 Percent of South Africans ‘Wish They Had Invested in Crypto Before’

Study: 38 Percent of South Africans ‘Wish They Had Invested in Crypto Before’

BITCOIN
Please share if you find this article interesting. Study: 38 Percent of South Africans ‘Wish They Had Invested in Crypto Before’ Pan-African financial services company Old Mutual Limited has released an annual Savings and Investment Monitor survey for South Africa, which polled respondents on awareness of and attitude toward cryptocurrencies in the country. The recent study revealed that respondents generally have a positive regard of digital currencies, with 38 percent of respondents agreeing with the statement “I wish I had invested in [crypto] before” and 71 percent agreeing that “You can make a lot of money with them.” However, 43 percent of respondents agreed with the statement “They are bad news, like a pyramid scheme” and 53 percent said they do not understand how cryptoc
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Kodak-Branded Crypto Miner-for-Rent Scheme Fizzles Out

Kodak-Branded Crypto Miner-for-Rent Scheme Fizzles Out

BITCOIN
Please share if you find this article interesting. Kodak-Branded Crypto Miner-for-Rent Scheme Fizzles Out A Kodak-branded Bitcoin (BTC) miner rental scheme will not go ahead as planned, the company’s licensee Spotlite told the BBC July 16. Spotlite USA is one of many firms that licenses the Kodak brand to put on its own products, such as Kodak LED Lighting. Spotlite USA presented the Kodak-labelled KashMiner on Kodak's official stand at the CES technology show in Las Vegas in January. According to Spotlite’s plans, the mining equipment was originally intended to be rented out, with an up-front fee of about $3,400. Customers could then keep a share of mined cryptocurrency. According to Spotlite, the initial fee of $3,400 would result in $375 per month over two years through minin
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P2P Markets Report: Latin American and Hungarian Volume Surges

P2P Markets Report: Latin American and Hungarian Volume Surges

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Please share if you find this article interesting. P2P Markets Report: Latin American and Hungarian Volume Surges Markets and Prices Latin American peer-to-peer (P2P) markets have seen an influx of volume in recent weeks, with the Localbitcoins markets of Argentina, Brazil, and Venezuela posting significant spikes in volume. In other news pertaining to international P2P markets, the Hungarian Localbitcoins markets produced near-record volume in recent weeks, whilst Canada’s recent surge in volume appears to have subsided. Also Read: Japan Tax Agency Says Individuals Earning $1,800+ in Crypto a Year Will Declare Tax Latin American P2P Trade Volume Increases According to data published by Coin.dance, the Localbitcoins markets of numerous Latin American nations have posted an i
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Augur Betting Volumes Just Topped $1 Million (And They’re Accelerating)

Augur Betting Volumes Just Topped $1 Million (And They’re Accelerating)

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Augur Betting Volumes Just Topped $1 Million (And They're Accelerating) Prediction platform Augur is fast attracting fans, at least if new data is any indication. Revealed exclusively to CoinDesk, figures from Predictions.Global, a website that allows users to view Augur markets without installing the app, show the platform saw a spike in "open interest" from Sunday to Monday. A metric that denotes how much is being risked on the outcome of real-world events, open interest leapt by 51 percent to more than $325,000 over the period. That news comes less than a week after Augur's launch, at which time it quickly (but briefly) became one of the top 5 applications on ethereum. One of the first large-scale applications to be deployed o
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Financial Stability Board Presents Report on Framework for Monitoring Crypto Markets

Financial Stability Board Presents Report on Framework for Monitoring Crypto Markets

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Please share if you find this article interesting. Financial Stability Board Presents Report on Framework for Monitoring Crypto Markets The Financial Stability Board (FSB) has presented a report to the G20 Finance Ministers and Central Bank Governors on the FSB’s work monitoring crypto-asset markets, according to an announcement published July 16. The FSB in an international agency which oversees and prepares recommendations regarding the global financial system. The agency also promotes international financial stability by coordinating national financial authorities and standard-setting bodies to develop regulatory and supervisory financial sector policies. According to the announcement, the FSB has been working in collaboration with the Committee on Payments and Market Infrast
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G20 Watchdog Unveils Framework to Monitor Crypto – Bitcoin News

G20 Watchdog Unveils Framework to Monitor Crypto – Bitcoin News

BITCOIN
Please share if you find this article interesting. G20 Watchdog Unveils Framework to Monitor Crypto - Bitcoin News Regulation A framework has been developed for the G20 countries to “monitor the financial stability implications of crypto-assets markets.” The Financial Stability Board says cryptocurrencies “do not pose a material risk to global financial stability” but supports their “vigilant monitoring.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space G20’s Crypto Monitoring Framework The Financial Stability Board (FSB) announced Monday that it “has developed a framework and identified metrics to monitor the financial stability implications of crypto-assets markets.” The framework was developed in collaboration with the Committee on Payments and Market Infra
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Coinbase Gets Regulator Approval to List Digital Coins Considered to be Securities

Coinbase Gets Regulator Approval to List Digital Coins Considered to be Securities

BITCOIN
Please share if you find this article interesting. Coinbase Gets Regulator Approval to List Digital Coins Considered to be Securities Cryptocurrency exchange and wallet service provider Coinbase has received approval from the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) to list digital coins considered to be securities, Bloomberg reported July 16. A Coinbase representative told Bloomberg that the SEC and FINRA have authorized the exchange to acquire security dealers Keystone Capital Corp., Venovate Marketplace Inc. and Digital Wealth LLC. The deal will allow Coinbase to extend its offerings with security tokens and to operate as a broker dealer, an alternative trading system, and a registered investment adviser. Coinbase i...
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BitPay Receives BitLicense from New York Department of Financial Services

BitPay Receives BitLicense from New York Department of Financial Services

BITCOIN
Please share if you find this article interesting. BitPay Receives BitLicense from New York Department of Financial Services Global crypto payments processor BitPay has been granted a BitLicense by New York сtate’s financial regulator, according to a press release shared with Cointelegraph July 16. The recently acquired virtual currency license from New York’s Department of Financial Services (NYDFS) will allow BitPay to do business with customers and companies based in the state. Additionally, New York-based business will be able to use BitPay to accept Bitcoin (BTC) and Bitcoin Cash (BCH) for purchases from users worldwide. NYDFS, which governs rules for virtual currency business activity, examined BitPay’s level of compliance with anti-money laundering (AML), know your custom