Thursday, July 2Your Daily Bitcoin & Altcoin News Portal

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PR: The Internet of People (IoP) Is Creating a New Internet for Decentralization and Censorship – Bitcoin News

PR: The Internet of People (IoP) Is Creating a New Internet for Decentralization and Censorship – Bitcoin News

BITCOIN
Please share if you find this article interesting. PR: The Internet of People (IoP) Is Creating a New Internet for Decentralization and Censorship - 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. New York, NY Internet of People (IoP) is a digital cooperative using blockchain and revolutionary peer-to-peer technology to help everyone connect and do business free from censorship or obstruction and without compromising their digital privacy. The modern Internet has transformed all our lives, but rapid advancement ...
Japan: Self-Regulatory Crypto Exchange Association Considers Margin Trade Limits to Stem Losses

Japan: Self-Regulatory Crypto Exchange Association Considers Margin Trade Limits to Stem Losses

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Please share if you find this article interesting. Japan: Self-Regulatory Crypto Exchange Association Considers Margin Trade Limits to Stem Losses The Japan Virtual Currency Exchange Association (JVCEA) said it wants to place restrictions on member exchanges’ margin trading. The news of the plans of Japan’s self-regulatory cryptocurrency body comes from a Chinese media report July 24. Margin trading is the practice of borrowing money from the broker, used by crypto traders to buy or sell more cryptocurrency than they could afford on their own - thereby increasing their potential profits, along with the losses. The JVCEA, which is still testing the water regarding its own effectiveness after officially coming into being earlier this year, wants to limit the amount margin traders c
Coinbase Now Offers Crypto currency Gift Cards in Europe and Australia – Bitcoin News

Coinbase Now Offers Crypto currency Gift Cards in Europe and Australia – Bitcoin News

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Please share if you find this article interesting. Coinbase Now Offers Crypto currency Gift Cards in Europe and Australia - Bitcoin News Services Coinbase now offers crypto currency-backed electronic gift cards in a number of selected markets in Europe as well as in Australia. The company sees this move as giving its clients “greater flexibility and control over how they use their crypto.” Also Read: The Daily: Exchange Operator Pleads Guilty, Scammer Fined Over $1.9 Million Coinbase Gift Cards Coinbase, the San Francisco-based cryptocurrency exchange supporting BTC, BCH, ETH and LTC, has announced this morning that, starting today the trading platform offers direct withdrawals into e-gift cards for its customers in Europe and Australia. This means that users in the applicab
Bitcoin Holds Recent Gains Amid a Checkered Market Outlook

Bitcoin Holds Recent Gains Amid a Checkered Market Outlook

BITCOIN
Please share if you find this article interesting. Bitcoin Holds Recent Gains Amid a Checkered Market Outlook July 25: Bitcoin (BTC) is holding its newly won gains, having led the week’s impressive uptick to stay above $8,000. Other leading cryptocurrencies are seeing mixed fortunes, according to data from Coin360. Market visualization from Coin360 Bitcoin (BTC) is trading around $8,200 to press time, down about half a percent on the day. The leading asset surged as high as $8,483 during early trading hours — a price point it has not seen since mid-May — subsequently retracing to its current level. Bitcoin’s weekly and monthly gains are at a bullish 10 and 34 percent respectively, according to data from Cointelegraph’s price index. Bitcoin 24-hour price chart. Source: Cointeleg
PR Specialists in the Russian Crypto Space Paid 10x the Average Salary – Bitcoin News

PR Specialists in the Russian Crypto Space Paid 10x the Average Salary – Bitcoin News

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Please share if you find this article interesting. PR Specialists in the Russian Crypto Space Paid 10x the Average Salary - Bitcoin News Economics Around 70,000 people are currently employed in the young and growing crypto industry in the Russian Federation. The average salary in the space has fallen by 40 percent this year, along with cryptocurrency prices. Nevertheless, the monthly remuneration for certain skills remains very high for Russian standards.   Also read Three Russian Universities Add Crypto Courses and Diplomas Salaries in the Crypto Sector in Russia Fall by 40% The average monthly payment in the Russian crypto industry has fallen by 40 percent from the 2017 levels, according to data released by the recruiting platform hh.ru and quoted by Izvestia. Employers ar
Catalonian Government to Develop Plan for Blockchain Technology Integration

Catalonian Government to Develop Plan for Blockchain Technology Integration

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Please share if you find this article interesting. Catalonian Government to Develop Plan for Blockchain Technology Integration The Generalitat de Catalunya (Government of Catalonia) has revealed a plan for blockchain tech implementation in its public administrative activity, according to the official press release July 24. The Generalitat de Catalunya, an official governmental institution of the Spanish autonomous community of Catalonia, will promote blockchain technology “with the aim of improving digital services to the public and promoting the potential of this technology between the Administration, companies and the citizen[s].” According to the press release, Catalonia’s Department of Digital Policies must develop a plan for incorporating blockchain tech in all areas of the
Chinese Research Institute Report Finds Blockchain Can Enhance Financial Services

Chinese Research Institute Report Finds Blockchain Can Enhance Financial Services

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Please share if you find this article interesting. Chinese Research Institute Report Finds Blockchain Can Enhance Financial Services A Chinese scientific research institute and value-added Internet service provider Tencent Holdings have jointly released a July 24 report emphasizing the impact of blockchain on the transformation of traditional financial services. The Academy of Information and Communications Technology, a scientific research institute under China’s Ministry of Industry and Information Technology (MIIT), and China’s Tencent Holdings’ report includes eight core conclusions of blockchain implementation in the financial sector. According to the report, blockchain technology will further enhance “the transparency of financial transactions, strengthen the flexibility of
Startup Launches ‘Complete Redesign’ of Blockchain to Address Scalability Concerns

Startup Launches ‘Complete Redesign’ of Blockchain to Address Scalability Concerns

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Please share if you find this article interesting. Startup Launches ‘Complete Redesign’ of Blockchain to Address Scalability Concerns A U.S.-based startup has unveiled a blockchain which can store data as well as transactions — meaning clients no longer need to trust third parties with their data. Fractonet Innovation Technologies, or Fractonet, says its SHA-256-based  blockchain has a block size of 1.5 GB, and claims it is capable of handling more than 33,000 transactions per second with a block time of five minutes. To enable its Fracton Network blockchain to sync such big amount of data, a new communication protocol — RIFT protocol — has been developed. Each 1.5 GB block is made up of mini-blocks with a maximum size of 25 MB. After functional testing, the startup says its bloc
Bitcoin Seeks Bargain Buyers As Price Retreats Back Toward $8K

Bitcoin Seeks Bargain Buyers As Price Retreats Back Toward $8K

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Bitcoin Seeks Bargain Buyers As Price Retreats Back Toward $8K Bitcoin's (BTC) price has seen a $350 drop this morning from Tuesday's two-month highs and may be headed for a deeper correction, technical charts suggest. As of writing, the leading cryptocurrency is trading at $8,220 on Bitfinex down 3.5 percent from the high of $8,507 reached yesterday. The correction is not surprising and could be extended further as BTC's 40 percent rally from the seven-month low of $5,755 reached on June 24 is looking overstretched, as per the relative strength index (RSI). The short duration charts have also aligned in favor of a deeper correction. However, the bullish reversal has likely revved up investor interest in BTC. Hence, bargain hunt...
CoinDesk Releases Q2 2018 State of Blockchain Report

CoinDesk Releases Q2 2018 State of Blockchain Report

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. CoinDesk Releases Q2 2018 State of Blockchain Report To use crypto parlance, the second quarter was a painful time if you were HODLing – but a productive one if you were BUIDLing. That's perhaps the biggest takeaway from CoinDesk's State of Blockchain Q2 2018 report. For a second straight quarter, the major blockchains racked up negative market indicators. Most of these downtrends were around exchange activity, with volumes down for most trade pairs. Yet outside of exchange numbers, usage and developer work charged forward, with milestones achieved around both bitcoin and ethereum. Released today, the State of Blockchain report provides a 100+ slide analysis of industry news and data. It covers market interest in public blockchai