Please share if you find this article interesting. Korean Government Answers Petition Against Unfair Cryptocurrency Regulations - Bitcoin News Featured The South Korean government has officially responded to the popular petition, with over 20,000 signers, against unfair cryptocurrency regulations. The regulators defended their crypto measures and outlined additional regulatory plans. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Popular Petition Answered South Korea has answered the petition entitled “Has the government ever dreamed a happy dream for the people?” Filed on December 28, the one-month petition asks the government to avoid excessive regulations for cryptocurrencies in the country and “not make unfair regulations on virtual cu
Please share if you find this article interesting. Canadian Stock Exchange Launches ‘Fully-Regulated’ Token Funding Platform, ‘Unlike’ ICOs The Canadian Securities Exchange (CSE) announced yesterday, Feb.13, that they will soon launch a securities clearing and settlement platform based on the Ethereum (ETH) Blockchain that lets companies raise capital with security tokens. According to the CSE announcement, companies using the Blockchain-based platform can issue Security Token Offerings (STO) to investors as a means to raise capital. Those issuing tokens via the CSE platform will “be subject to full regulation by applicable securities commissions”. The CSE positions their STOs to companies as an alternative to running an Initial Coin Offering (ICO), which the exchange misleadingl
Please share if you find this article interesting. Bitcoin Mining Costs More Electricity Than Houses, But it’s a Non-Issue Analysts are concerned that Bitcoin and cryptocurrency mining centers are spending too much electricity, and that the process of verifying cryptocurrency transactions could worsen the global environment. Justification of mining in Bitcoin and cryptocurrencies In December 2017, several analysts criticized the electricity consumption of Bitcoin and cryptocurrency mining centers, calling the mining process an “environmental disaster.” Earlier Cointelegraph reported that cryptocurrency mining will likely exceed electricity consumption of households in 2018. Smari McCarthy of Iceland's Pirate Party stated that excessive consumption for Bitcoin mining is not practi
Please share if you find this article interesting. Bitcoin Sees Bull Reversal Ahead of Chinese New Year Bitcoin looks set to test the $10,000 mark soon, as per technical analysis, although some investors fear the Lunar New Year may play spoilsport. Ahead of New Year holidays (starting Feb. 15), Chinese and South Koreans often exchange bitcoin for fiat currencies (to fund increased spending), and bitcoin (BTC) tends to drop in the run-up to the event. Boosting such fears this year is bitcoin's (BTC) recent inability to move above $9,000 in a convincing manner. Since Feb. 10, the cryptocurrency has been restricted to a narrow range of $8,000 to $9,000, shows CoinDesk's Bitcoin Price Index (BPI). Still, historical data indicates the probability of bitcoin reporting gains this month ...
Please share if you find this article interesting. S. Korea Responds To Public Petition: No Crypto Trading Ban, But Gov’t ‘Still Divided’ South Korea’s government said its regulatory course on cryptocurrencies is aiming to “prevent any illegal acts or uncertainties” in fresh comments Wednesday, Feb. 14. Quoted by various media outlets, the country’s minister of the office for government policy coordination Hong Nam-ki released a statement in response to last month’s public petition against harsh regulation or an outright ban on cryptocurrency trading. The petition, posted on the site of the South Korean presidential office, has to date gathered over 200,000 signatures. The government is obliged to respond to a petition that gathers over 200,000 within 30 days. “The government’s b
Please share if you find this article interesting. UK: Coinbase, CEX.IO & Other Major Crypto Firms Create First Self-Regulating Trade Body Seven of the largest cryptocurrency companies globally have joined forces to form CryptoUK, a first of its kind trade association, whose goal is to self-regulate within the UK crypto industry, The Telegraph reported Tuesday, Feb. 13. CryptoUK is made up of global cryptocurrency trading platforms and services Coinbase, eToro, CryptoCompare, CEX.IO, BlockEx, CoinShares, and CommerceBlock, as noted on the official website of the organization. Zeeshan Feroz, CEO of Coinbase UK, commented: “The fundamentals are engaging as a single industry with the government. Regulation is imminent and that’s a good thing.” CryptoUK intends to work with the UK g
Please share if you find this article interesting. Endor Introduces a New Dimension to Predictive Analysis Using Blockchain Technology Predictive analysis is such an important concept that very big establishments such as Fortune 500 companies and tech-giants are known to invest heavily towards it. The ability to predict future trends effectively helps both individuals and businesses make successful plans and robust decisions within the ecosystems where they belong. So far, the existing systems that enable the acquisition of near accurate predictions involve having access to scarce and expensive data science PhDs, a model per prediction and expensive limited scale. These conditions make it almost impossible for individuals and smaller businesses with limited budgets to participate...
Please share if you find this article interesting. PR: Community Choice Gives Power to Backers - KICKICO Announces Community Choice Function - 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. MOSCOW – As a first in a series of major new initiatives, KICKICO, bringing DAO into the ICO landscape, is announcing the launch of Community Choice, an ambitious new function that will give the crypto community the ability to vet, rate, and filter the ICO space and to determine which ICOs are worth launching. The launch is
Please share if you find this article interesting. Cardano Price Technical Analysis – ADA/USD Eyeing Further Gains Key Highlights ADA price is forming a major support base near the $0.3100 level against the US Dollar (tethered). The ADA/USD pair is currently moving above a major bearish trend line with resistance at $0.3630 on the hourly chart (data feed via Bittrex). The pair may gain upside momentum towards $0.4000 if the recent trend line break is true. Cardano price is placed nicely in a positive zone against the US Dollar and Bitcoin. ADA/USD could gain upside momentum towards $0.4000 in the near term. Cardano Price Trend There were many tests recently of the $0.3000 support in ADA price against the US Dollar. However, sellers were not able to move the price below the $0.300
Please share if you find this article interesting. How to Send A Lightning Transaction (Even If You May Not Want To) It's like the early days of bitcoin all over again. Comprised of invite-only chat channels, alien terminology and warning signs at every turn, the nascent ecosystem springing up around Lightning Network, the scaling technology that could end up having the greatest impact yet on bitcoin's capacity, is to date, hopelessly difficult to operate. "Going to be blunt," one developer wrote, "if you don't know how to compile something, you probably will have a lot more struggles and a lot less coins." Simply put, Lightning in its current state is dangerous to interact with today. But given the network's big promises – instant transactions and fees that are next to nothing –