Please share if you find this article interesting. CFTC-Regulated Ledgerx Launches Interest-Bearing BTC Savings Platform - Bitcoin News Finance This week the firm Ledgerx announced the soft launch of its ‘Ledgersavings’ platform, a new service that allows users to deposit bitcoin core (BTC) and accrue interest on the deposit over a variety of maturation periods. The CFTC-regulated company explains the new savings program will allow clients to gain an annualized return of roughly 16 percent, even when crypto-markets are not appreciating. Also read: Robinhood Reaches Iowa and Georgia, Coinbase Returns to Wyoming Ledgerx Launches Ledgersavings Last May, the US Commodity Futures Trading Commission (CFTC) regulated digital currency clearinghouse and options exchange, Ledgerx, ann
Please share if you find this article interesting. Bitcoin Outlook Sours As Price Sheds 70% of Recent Rally Bitcoin's recent downtrend has deepened in the wake of a decision by the Securities and Exchange Commission (SEC) to delay a ruling on a keenly awaited bitcoin ETF. The leading cryptocurrency was expected to stage a minor corrective rally in the last 24 hours, having defended the key 50-day moving average (MA) support earlier this week. However, the sellers made a strong comeback above $7,100 after the SEC exercised its right to postpone the decision on whether to approve a rule that would allow Chicago Board Options Exchange (CBOE) to offer shares of a bitcoin ETF issued by VanExk SolidX Bitcoin Trust. As a result, BTC closed (as per UTC) yesterday on a negative note at $6...
Please share if you find this article interesting. Blockchain in Media: How Can Blockchain Fight Piracy? Television industry research firm Digital TV Research forecasted last year that the revenue loss of TV series and films due to online piracy would reach $52 billion by 2022. Since this figure doesn’t factor in the revenue that would be lost to the piracy of sport, games, pay TV and other forms of media content, the sense is that the cost of piracy to the media industry is much larger than $52 billion. The reality is that blockchain — as of today — isn’t ready to eradicate piracy. Moreover, any digital media created for human consumption can be captured and duplicated. It is telling that, when asked questions about how blockchain could help solve issues around piracy and ad tra
Please share if you find this article interesting. Iranian Crypto Ransomware Threat Will Rise in Today’s Geopolitical Climate, Report Predicts Iran-based malware that demands a digital ransom in cryptocurrencies is on the rise and will further escalate in the present geopolitical climate, according to a report published by global management consulting firm Accenture on August 7. After two years of analysis, Accenture Security iDefense predicts that emerging trends in the Iranian cyber threat landscape will intensify as the country is forced into a defensive and economically straitened position in the wake of the U.S. exit from the Obama-era Iran nuclear accord this spring. With the US set to imminently to reimpose tough economic sanctions, Accenture has warned that the ransomware
Please share if you find this article interesting. The Daily: Coinbase Increases Trading Limits, ABCC Opens in Malta, Omniex Hires Former Regulators - Bitcoin News The Daily On Wednesday, The Daily features a couple of announcements from Coinbase: the US crypto exchange enables instant purchasing with increased daily trading limits and is now accepting ETC deposits on its Coinbase Pro platform. We’ve also covered the opening of ABCC’s European headquarters in Malta and Omniex’s decision to appoint two former regulators as advisors. Also read: Robinhood Reaches Iowa and Georgia, Coinbase Returns to Wyoming Coinbase Enables Instant Purchasing, Increases Trading Limits Users of Coinbase will be able to buy digital coins right after they deposit funds from their bank account, th
Please share if you find this article interesting. Ukraine Electoral Commission Uses NEM Blockchain for Voting Trial A member of Ukraine’s Electoral Commission revealed in an Aug. 7 Facebook post that they are working with NEM on a blockchain voting pilot. Oleksandr Stelmakh, head of the State Register at the Central Electoral Commission of Ukraine, appeared pleased with the ongoing tests, writing in the post that they are “continu[ing] a series of experiments applying blockchain technology within electoral voting.” Stelmakh noted that they created a test vote using 28 nodes with the NEM blockchain “several weeks ago,” adding that “voting is still open and anyone can take part it in.” The trial, which came about as a result of a partnership with the local NEM Ukraine, exclusively
Please share if you find this article interesting. OKEx’s Future Trading Shortfall ‘A Valuable Lesson’ for Cryptocurrency Exchanges The world of futures trading in Bitcoin for the traditional investor is still very new, as it only opened in December of last year when CBOE and CME launched their products to the market in what was expected to be a big boost for Bitcoin adoption. However, for those already involved in cryptocurrencies, there have been opportunities to trade Bitcoin futures — along with other cryptocurrency futures — since before the big CME and CBOE launch dates. In fact, OKEx announced its BTC, BCH and ETH futures trading on November 3, 2017. But, even with this jump on the futures market, and being the second-largest cryptocurrency exchange by volume, OKEx has had
Please share if you find this article interesting. Bettergram Aims to Become the Crypto Version of Telegram - Bitcoin News Reviews The Mac build of Bettergram, a desktop version of Telegram, was launched this week. It joins the PC build of the third-party desktop client, and will soon be accompanied by mobile editions. Designed specifically for the crypto community, Bettergram boasts several modifications to Telegram including a built-in cryptocurrency price checker. Also read: Six Alternatives to Telegram for Cryptocurrency Communities Bettergram is Telegram With Bells On For the past year or so, Telegram has served as the crypto community’s preferred hangout. It’s the hub through which the bulk of the ICO and trading groups flow, and a pivotal part of the cryptocurrency la
Please share if you find this article interesting. Bitcoin Price Watch: BTC/USD Tumbles, Sell On Rallies Near $6,770 Key PointsBitcoin price declined sharply and broke an important support near $6,830 against the US Dollar.A crucial bearish trend line with current resistance at $7,000 acted as a hurdle on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair declined below the $6,500 level and recoveries are likely to face sellers near $6,770.Bitcoin price turned bearish below $6,830 against the US Dollar. BTC/USD could correct higher, but it is likely to face heavy selling interest near $6,700 and $6,770.Bitcoin Price AnalysisYesterday, we discussed that there could be a recovery above $7,050 in bitcoin price against the US Dollar. The BTC/USD pair did move above...