Sunday, February 17Your Daily Bitcoin & Altcoin News Portal
Report: Global Blockchain in Energy Utilities Market to Grow 60% by 2024

Report: Global Blockchain in Energy Utilities Market to Grow 60% by 2024

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Please share if you find this article interesting. Report: Global Blockchain in Energy Utilities Market to Grow 60% by 2024 The global blockchain in energy utilities market is expected to grow by 60 percent by 2024, according to a new report from Infoholic Research LLP published on Feb. 15. Per the report, the global blockchain in energy utilities market was assessed to be $210.4 million in 2018, and is expected to reach $3.4 billion by 2024. Infoholic Research thus predicts the growth at a compound annual growth rate of 59.4 percent during the period from 2018 to 2024. The report also notes that the key driver of growth in the next five to six years will be sales of distributed energy and peer-to-peer (p2p) electricity. “Due to the increasing automation in energy utilities, orga
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Indonesia: New Legislation Recognizes Crypto as Trading Commodity

Indonesia: New Legislation Recognizes Crypto as Trading Commodity

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Please share if you find this article interesting. Indonesia: New Legislation Recognizes Crypto as Trading Commodity Indonesia has introduced new legislation that recognizes Bitcoin (BTC) as a trading commodity, Asia-oriented news outlet KrASIA reported on Feb. 15. Indonesia’s Commodity Futures Trading Regulatory Agency, also known as Bappebti, initially signed a decree to make cryptocurrency a commodity future legally tradable on stock exchanges last June. The agency then stated that the Indonesian government would soon release corresponding legislation regulating currency exchange companies, taxation, and other related issues. Today, Bappebti reportedly approved regulation No. 5/2019 that recognizes Bitcoin and other digital currencies as a trading commodity. The legislation th
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Apple Notes Blockchain Guidelines in Recent SEC Filing

Apple Notes Blockchain Guidelines in Recent SEC Filing

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Please share if you find this article interesting. Apple Notes Blockchain Guidelines in Recent SEC Filing Tech giant Apple has mentioned its work in forming the Blockchain Guidelines of the Responsible Minerals Initiative (RMI) in a filing with the United States Security Exchange Commission (SEC). The document, entitled “Conflict Minerals Report” was published on Feb. 15. In general, the document pertains to Apple’s business practices and ethics in sourcing minerals for its various consumer electronic devices. Apple states that it is “committed to going beyond the minimum requirements in order to meet and exceed internationally accepted due diligence standards and protect people in its supply chain…” Last year, Apple came under scrutiny for its plans to source cobalt — a necessar
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Bitcoin, Ethereum, Ripple, Litecoin, EOS, Bitcoin Cash, TRON, Stellar, Binance Coin, Bitcoin SV: Price Analysis, February 15

Bitcoin, Ethereum, Ripple, Litecoin, EOS, Bitcoin Cash, TRON, Stellar, Binance Coin, Bitcoin SV: Price Analysis, February 15

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Please share if you find this article interesting. Bitcoin, Ethereum, Ripple, Litecoin, EOS, Bitcoin Cash, TRON, Stellar, Binance Coin, Bitcoin SV: Price Analysis, February 15 The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. United States banking giant JPMorgan Chase, whose CEO has been one of the most vocal critics of cryptocurrencies, has announced the launch of its own cryptocurrency, named “JPM Coin.” This clearly shows that many criticize the technology as they do not understand it, but once they realize its potential, they readily become a p
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Crypto Markets Continue to See Mixed Signals, Dow Jones Up Over 360 Points

Crypto Markets Continue to See Mixed Signals, Dow Jones Up Over 360 Points

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Please share if you find this article interesting. Crypto Markets Continue to See Mixed Signals, Dow Jones Up Over 360 Points Feb. 15 — crypto markets have continued trading sideways after hitting a multi-month high of daily trading volume of more than $36 billion yesterday, according to CoinMarketCap data. Market visualization from Coin360 Bitcoin (BTC) is slightly down over the past 24 hours, and is trading at $3,626 at press time. At press time, the biggest cryptocurrency is up around 0.41 percent over the past 7 days, while down some 0.1 on the day. On Feb. 11, Bitcoin transaction fees saw a new low point. Bitcoin 7-day price chart. Source: CoinMarketCap Ethereum (ETH), the top altcoin by market cap, is trading at $122.37 at press time. After surging up to $124 per coin on
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RSK Sidechain Is Now Secured by 45% of BTC’s Hashrate – Bitcoin News

RSK Sidechain Is Now Secured by 45% of BTC’s Hashrate – Bitcoin News

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Please share if you find this article interesting. RSK Sidechain Is Now Secured by 45% of BTC's Hashrate - Bitcoin News On Feb. 14, the cryptocurrency infrastructure organization led by RSK Labs announced the one-year anniversary of the RSK network and highlighted several notable achievements. Over the last 12 months, the project’s merge mining has managed to gather 45 percent of the Bitcoin Core (BTC) network hashrate, making the RSK smart contract system more secure than most blockchains. Also Read: Bitcoin’s Social Contract Must Be Resilient to the Whims of Future Generations Smart Contract Infrastructure Backed by More Than 20 Exahash of PoW At approximately 1:41 a.m. CST on January 4, 2018, RSK Labs mined the sidechain’s genesis block. Since then, the blockchain network ha
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Japan Economic Alliance Asks Financial Regulator FSA to Reduce Tax on Crypto

Japan Economic Alliance Asks Financial Regulator FSA to Reduce Tax on Crypto

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Please share if you find this article interesting. Japan Economic Alliance Asks Financial Regulator FSA to Reduce Tax on Crypto The Japan Association of New Economy (JANE) has asked the Japanese Financial Services Agency (FSA) to reduce the current tax rate for crypto trading income, Cointelegraph Japan reported on Feb. 14. Led by Hiroshi Mikitani, the CEO of Japanese e-commerce giant Rakuten, JANE has reportedly sent a proposal request to the country’s financial regulator asking them to tax crypto in compliance with progressive taxation instead of general taxation. According to the article, income from trading cryptocurrencies is currently taxed at 55 percent. Imposing progressive taxation on crypto gains intends to reduce the tax to 20 percent — the same rate that is applied to
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Argentina Settles Export Deal With Paraguay Using Bitcoin

Argentina Settles Export Deal With Paraguay Using Bitcoin

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Please share if you find this article interesting. Argentina Settles Export Deal With Paraguay Using Bitcoin Argentina has settled an export deal with Paraguay in Bitcoin (BTC), Cointelegraph en Español reported on Thursday, Feb. 14. In a reported first for both countries, Paraguay has bought pesticides and fumigation products  worth $7,100 from Argentina, using cryptocurrency to settle the deal. The purchase was paid for in BTC and then converted into Argentine peso to settle accounts with the exporter of the agricultural chemicals. To proceed with the payments, Argentina applied to Bitex — a Latin American financial services provider that supports Bitcoin payments. According to the chief marketing office of Bitex, Manuel Beaudroit, the company is a part of the Argentine governm
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Ledger Commits to Remedying Nano S Update That Decreased Storage Capacity

Ledger Commits to Remedying Nano S Update That Decreased Storage Capacity

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Please share if you find this article interesting. Ledger Commits to Remedying Nano S Update That Decreased Storage Capacity French cryptocurrency hardware wallet company Ledger published a post on its official blog  on Feb. 14 apologizing for issues with a recent firmware update for its Ledger Nano S. Specifically, the update reportedly decreased the device’s storage capacity, which the firm has promised to remedy. “This was not planned obsolescence, simply put, we messed up. We apologize and we’re committed to making it right,“ the post states. Some users had interpreted the firmware version 1.5.5 update as a way to bring planned obsolescence to the Ledger Nano S. The reason for the suspicion is that the update was released shortly after Ledger’s announcement in January reveali
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SEC Starts Review of NYSE Arca’s Bitcoin ETF Rule Change Proposal

SEC Starts Review of NYSE Arca’s Bitcoin ETF Rule Change Proposal

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Please share if you find this article interesting. SEC Starts Review of NYSE Arca’s Bitcoin ETF Rule Change Proposal The United States Securities and Exchange Commission (SEC) started reviewing a rule change proposal for NYSE Arca’s Bitcoin (BTC) exchange-traded fund (ETF) on Feb. 11, according to an official document published today, Feb. 15. According to the notice, the NYSE Arca exchange filed a rule change proposal to list and trade shares of the Bitwise Bitcoin ETF Trust under its NYSE Arca Rule 8.201-E on Jan. 28. The SEC is now expected to provide an initial decision to approve or reject the proposal within 45 days starting from the day of publication of the announcement, Feb. 15. In the case that the securities regulator finds it needs more time to review the proposal, it