Please share if you find this article interesting. Step Towards Legalization of Crypto in India - New Blockchain Foundation Blockchain Foundation of India, a non-profit organization, aimed at inculcating Blockchain Technology in India, was launched recently in New Delhi, India. This development is especially intriguing, given the legal ambiguity regarding Bitcoin and Blockchain in India. This is the second such initiative to be launched in India, after Digital Assets and Blockchain Foundation of India (DABFI), whose focus had been more on the regulation of Bitcoin in India — than on other Blockchain-based initiatives or startups. Growth promised for Blockchain Mohit Kalra, CEO of Coinsecure, who founded Blockchain Foundation of India in partnership with Velix.ID and has been a pa
Please share if you find this article interesting. Markets Update: Bitcoin Cash Rallies to $4000 — While BTC Markets Dip - Bitcoin News Markets and Prices Bitcoin Cash (BCH) has experienced dramatic bullish action recently, gaining over 100% against USD in just three days. As of this writing, BCH is consolidating at approximately $3,800 after breaking above $4,000 for the first time ever. BCH’s bullish momentum has coincided with a more than 20% drop in the price of bitcoin core (BTC). Also Read: Investors Call Foul Play as Coinbase Parries Insider Trading Accusations Bitcoin Cash Establishes New All-Time High Today, BCH shattered its previous USD price record of $2,800. Bitcoin Cash quickly generated momentum and spiked upward by more than 40% from $2,800 to set a new all-t
Please share if you find this article interesting. Japanese Internet Giant GMO Launches Bitcoin Mining Business - Bitcoin News Mining Japanese Internet leader GMO Group has announced today that it has launched a new cryptocurrency mining business through its European legal entity, as it aims to gain a better understanding of the virtual currency. Also Read: Major Korean Crypto Exchange Upbit at Center of Regulatory Controversy GMO Launches Bitcoin Mining Business Japanese conglomerate GMO Group has introduced today a new cryptocurrency mining business that will use existing technology to mine from facilities (mining centers) in Northern Europe. The new business will gradually extend in phases, the company detailed in its announcement on December 20. According to the company’
Please share if you find this article interesting. No More Hard Forks in Next-Generation Blockchain? Blockchain technology is in a state of rapid evolution at the moment, and we are starting to see a number of major players emerging like Ethereum, NEO, Ripple and IOTA. But a lot of discussion is on how to reduce volatility without hindering innovation and decentralization. One of the leading thinkers who co-founded NEO (at the time it was called Antshares) is attempting to do just that. Hitters Xu believed his next-generation Blockchain platform Nebulas will reduce, if not completely eliminate, the need for forks. And it will bring the capability of search to the Blockchain platforms - like a Google for Blockchain. After having served as founding Director of Blockchain Platform f...
Please share if you find this article interesting. Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, Dash: Price Analysis, December 20 The views and opinions expressed here are solely those of authors/contributors and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. When stock prices of companies surge, just by adding the word ‘cryptocurrency’ or ‘Bitcoin’ to their name or by announcing entry into the Blockchain technology or sometimes by pure speculation, it is a sign that things are getting out of hand. During such times, short sellers like Andrew Left, founder at Citron Research look at strategies that will help them to benefit from the fall. Similarly
Please share if you find this article interesting. Investors Call Foul Play as Coinbase Parries Insider Trading Accusations - Bitcoin News Markets and Prices The operation had been underway for weeks. Had all gone to plan, Coinbase and Gdax customers would have awoken on Wednesday morning to discover that bitcoin cash trading had finally been added. Traders would relish the liquidity this new market would bring, the exchanges would scoop up more fees, and bitcoin core maximalists would soon be able to offload their bitcoin cash. In the event, everything went worse than expected. Also read: Bitcoin Cash Jumps 70% as Coinbase and Gdax Announce Immediate Trading The Best Laid Plans Shortly after Coinbase announced trading of bitcoin cash was live, its price – which had already
Please share if you find this article interesting. PR: 300E Holdings a Long Term Blockchain Investment Fund Announces Spartan Decentralized Exchange - Bitcoin News This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. In contrast to a number of hedge funds that has attracted investment in 2017 to time the market or buying into the new hype, 300E has been quietly positioning itself as a closed-end investment company to take advantage of the decade-long prospect of the blockchain and related tech. 300E is an investment company co-ma...
Please share if you find this article interesting. Waiting Game: Bitcoin Cash at Record High Ahead of Coinbase Relaunch Bitcoin cash is resurgent today, despite some controversy over the cryptocurrency's listing on the Coinbase exchange. As per data source CoinMarketCap, the world's third-largest cryptocurrency by market value is up 64 percent over the last 24 hours, and set a lifetime high of $3,816 soon before press time. That follows a previous high of $3,813 set around 02:00 UTC. Notably, the price of the cryptocurrency rose sharply soon before Coinbase announced support for bitcoin cash (BCH) transactions on its platform yesterday. However, trading in BCH was quickly suspended and existing orders were canceled due to claimed "significant volatility." Meanwhile, Coinbase CEO
Please share if you find this article interesting. Litecoin Founder Sells All His Litecoin But Promises Not To Leave Litecoin (LTC) founder Charlie Lee announced today on Reddit and Twitter that he has completely unloaded all his Litecoin holdings via selling and donation. He wrote on Reddit: “For the first time in 6+ years, I no longer own a single LTC that’s not stored in a physical Litecoin. (I do have a few of those as collectibles.)” According to his Reddit post, the amount Lee sold was a small percentage of GDAX’s daily volume, and it did not crash the market. Please read the whole post. Reddit thread is here: https://t.co/4xIZl7IC2V pic.twitter.com/VoIlA0Xjj3 — Charlie Lee [LTC] (@SatoshiLite) December 20, 2017 Why sell? According to the announcement, Lee decided to sel
Please share if you find this article interesting. South Korea FSS: Cryptocurrency Not ‘Actual Currency’, Should Not Be Regulated The South Korean financial regulator Financial Supervisory Service (FSS) has claimed that it has no plans at present to regulate the trading of digital currencies such as Bitcoin, beyond “rules announced last week”. The watchdog based its decision on the fact that it does not consider digital currencies to be a substitute for money, as they are not legal tender in the country. During a press conference on the issue, FSS Governor Choe Heung-sik claimed that the only role the regulator should play in the digital currency space is warning the public about potential risks: “All we can do is to warn people as we don’t see virtual currencies as actual types