Monday, June 25Your Daily Bitcoin & Altcoin News Portal
The Poor Flip, the Rich Hodl, Startup Finds Out Tracing Its Tokens – Bitcoin News

The Poor Flip, the Rich Hodl, Startup Finds Out Tracing Its Tokens – Bitcoin News

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Please share if you find this article interesting. The Poor Flip, the Rich Hodl, Startup Finds Out Tracing Its Tokens - Bitcoin News Crowdfunding The team of a young Ukrainian crypto company has made an effort to collect some interesting data about what happened with their tokens after the sale. It turns out investors from developing countries are inclined to sell the coins within months after their listing, while buyers from developed nations tend to hold them longer. Also read: No License Needed to Mine Cryptocurrencies in Ukraine Ukrainian Startup Tracks Its Coins What happens with your tokens after they are sold and listed on exchanges? That’s a question any decent ICO project should be interested in finding an answer to. Not all teams are so curious, once the coins are
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Mike Butcher of TechCrunch: It Is up to the Industry to Get Its Own House in Order

Mike Butcher of TechCrunch: It Is up to the Industry to Get Its Own House in Order

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Please share if you find this article interesting. Mike Butcher of TechCrunch: It Is up to the Industry to Get Its Own House in Order This interview has been edited and condensed. Mike Butcher, an editor-at-large of TechCrunch is a pioneer of the tech and journalism industries. He has also started covering the crypto industry and blockchain technology, as — in his words — “that is effectively going to be a new way to the future.” He first heard about crypto back in 2011 and it was ‘Bitcoin that got [him] interested’ in the space.’ “I think it is sort of a general theme — decentralization. It is really fascinating, you know. We had Google, Apple, Facebook, Twitter, Amazon, effectively build centralized networks for the last 25 years of development of the internet and what we are d
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Silicon Valley Whales Buy Diamonds in the Millions With Bitcoin – Bitcoin News

Silicon Valley Whales Buy Diamonds in the Millions With Bitcoin – Bitcoin News

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Please share if you find this article interesting. Silicon Valley Whales Buy Diamonds in the Millions With Bitcoin - Bitcoin News Economics 2018 might not be the best year for crypto investors so far, but a lot of wealth is still in the hands of long-term holders. The latest example of this comes from Silicon Valley where some people are using bitcoin to buy millions worth of expensive timepieces, diamonds and other luxury items. Also Read: This Week in Bitcoin: McAfee Backs Off, Crypto World Cup and the Mystery of 21e8 Crypto Surpasses Credit Cards Stephen Silver Fine Jewelry, a Silicon Valley-based ultra-high-end watches and jewelry boutique which implemented cryptocurrency payments back in 2014, reports that crypto transactions have grown to 20% of sales in the past year...
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Markets Update: Triple Bottom Confirmed, but Where Will It Lead? – Bitcoin News

Markets Update: Triple Bottom Confirmed, but Where Will It Lead? – Bitcoin News

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Please share if you find this article interesting. Markets Update: Triple Bottom Confirmed, but Where Will It Lead? - Bitcoin News Market Updates Cryptocurrency bears are still clawing away at digital asset prices on Sunday, June 24 as most of the digital currency market values are down between 3-12 percent over the last 24-hours. The top cryptocurrency market held by bitcoin core (BTC) has touched a triple bottom at $5,832 during the early morning June 24 trading sessions. The last two times BTC dropped to these price ranges was in November 2017, and last February. Some traders believe a third bottom indicates significant support and cryptocurrency prices could capitulate after breaking through resistance levels. Also read: The Bitcoin-Culture Invasion: T-Shirts, Hats, Cand
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China’s Latest Government-Backed Crypto Rankings Put EOS 1st, BTC 17th

China’s Latest Government-Backed Crypto Rankings Put EOS 1st, BTC 17th

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Please share if you find this article interesting. China's Latest Government-Backed Crypto Rankings Put EOS 1st, BTC 17th The second round of China’s state-backed monthly ratings of cryptocurrencies and blockchain projects has been released, Cena News reported June 21. Dubbed the “Global Public Chain Technology Evaluation Index,” this latest round was announced at the Shanghai Science Hall on June 20, and ranks EOS 1st, Ethereum (ETH) 2nd, and Bitcoin (BTC) 17th, out of a total of 30 analyzed cryptocurrencies. China’s monthly “Global Public Chain Technology Evaluation Index” is published by the China Center for Information Industry Development (CCID) of the Ministry of Industry and Information Technology, and is said to be compiled by “first-rate domestic experts and scholars,” a
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Tulips, Bubbles, Obituaries: Peering Through the FUD About Crypto

Tulips, Bubbles, Obituaries: Peering Through the FUD About Crypto

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Please share if you find this article interesting. Tulips, Bubbles, Obituaries: Peering Through the FUD About Crypto In the short space of nine years, Bitcoin has thrust cryptocurrencies into mainstream consciousness by shaking up the financial world. Since its inception in 2009, the preeminent cryptocurrency has thrown a spanner in the works of traditional banking and financial institutions and has paved the way for the creation of a plethora of industry-shaping virtual currencies and blockchain-based innovations. With that being said, it’s been far from smooth sailing for Bitcoin or any other cryptocurrency. Dramatic highs and soul-shattering lows have been part and parcel of the past nine years. The volatility of cryptocurrencies has created more than a few detractors and we’v
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Can Bitcoin Cash Live Up to Its Hype? Real World Stress Test Is Coming – Bitcoin News

Can Bitcoin Cash Live Up to Its Hype? Real World Stress Test Is Coming – Bitcoin News

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Please share if you find this article interesting. Can Bitcoin Cash Live Up to Its Hype? Real World Stress Test Is Coming - Bitcoin News Technology Bitcoin cash (BCH) is being called out, essentially asked if its blockchain and algorithmic infrastructure can hang while bombarded with millions of transactions thrown its way. It’s an effort by enthusiasts to demonstrate BCH resilience in the face of massive adoption and usage, and they’re inviting even haters to participate. Also read: Supremes Uphold Cell Privacy, Hope for Ross Ulbricht Bitcoin Cash is Going to Get Pounded with Millions of Transactions “The Bitcoin Cash Stress Test is a community driven stress test of the Bitcoin Cash network and its services,” reads the aptly named site, BCH Stress Test Day. “We aim to creat
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CNBC’s Brian Kelly: Current Bear Trend ‘By No Means’ Funeral for Bitcoin

CNBC’s Brian Kelly: Current Bear Trend ‘By No Means’ Funeral for Bitcoin

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Please share if you find this article interesting. CNBC’s Brian Kelly: Current Bear Trend ‘By No Means’ Funeral for Bitcoin The current bear market is not a funeral for Bitcoin (BTC) “whatsoever,” CEO of BKCM LLC investment firm Brian Kelly said on CNBC's Fast Money segment June 22. We tried to have a funeral for #Bitcoin as it fell below $6K, but @BKBrianKelly is still a believer. Here's why he thinks the cryptocurrency will resurrect pic.twitter.com/B8ozbzPsfJ — CNBC's Fast Money (@CNBCFastMoney) June 22, 2018 To back up his statement, Kelly provided three key factors. First, he pointed out that the market sentiment is “approaching lows,” implying that a trend reversal is likely to follow. Bitcoin, trading at $5,881 as of press time, has been in an almost continuous decline si
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Since Twitter Won’t Stop Crypto Scammers, These Services Will – Bitcoin News

Since Twitter Won’t Stop Crypto Scammers, These Services Will – Bitcoin News

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Please share if you find this article interesting. Since Twitter Won’t Stop Crypto Scammers, These Services Will - Bitcoin News Security One of the most maddening things about lookalike Twitter scammers has been Twitter’s unwillingness to do anything about them. It’s not a complex problem to solve, and yet for months the micro-blogging service has prevaricated while the gullible public has given their ether away to flagrant scammers. A couple of third party services have now sprung up promising to solve the problem. If Twitter can’t stop crypto scammers, they will. Also read: Bitcoin Funded Silk Road Performance Earns a Residency at Trafalgar Studios Developers Are Taking Matters Into Their Own Hands Crypto scams have been plaguing Twitter all year. They usually involve the
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Liechtenstein’s Blockchain Law, Crypto Banking and ICOs, Interview With Prime Minister

Liechtenstein’s Blockchain Law, Crypto Banking and ICOs, Interview With Prime Minister

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Please share if you find this article interesting. Liechtenstein’s Blockchain Law, Crypto Banking and ICOs, Interview With Prime Minister Adrian Hasler, the Prime Minister of Liechtenstein, is certain that blockchain technology will have an impact on a variety of areas and is preparing a new blockchain law to provide essential requirements in order to establish a regulatory base for blockchain businesses. The blockchain law — so called Blockchain Act — was announced by Adrian Hasler at this year’s Finance Forum on March 21. According to Adrian Hasler, the new act is about integrating current business models in regulatory terms in order to give companies and their clients a legal base. The planned act is expected to be circulated for consultations this summer. Cointelegraph spoke