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White House to Pit XRP Against Bitcoin Fearing China’s Mining Dominance

newsbtc | 10-16-2018

The U.S. administration is interested in pitting Ripple’s centralized XRP token against Bitcoin to tackle China’s crypto dominance. Cory Johnson, Ripple’s new chief marketing strategies, told Breaker Magazine that the White House is researching the consequence of China’s Bitcoin mining dominance, which currently amounts to over 80 percent. The digital currency’s mounting popularity among millennials...The post White House to Pit XRP Against Bitcoin Fearing China’s Mining Dominance appeared first on NewsBTC.

Categories: BTC|XRP|Mining|ICO|Altcoin
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Why Has Ripple Been In The News So Often Lately?

cryptoinsider | 10-16-2018

Ripple with its XRP token has been the topic of much discussion the past several weeks. So what's going on with the world's top love/hate project?The post Why Has Ripple Been In The News So Often Lately? appeared first on Crypto Insider.

Categories: XRP|ICO|Blockchain|Altcoin
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Crypto Markets See Calm as Most Coins Consolidate Recent Gains

cointelegraph | 10-16-2018

Crypto markets are seeing some calm today, with most major cryptocurrencies seeing only small price changes, both red and green

Categories: Market|LTC|XRP|ADA|DASH
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Roger Ver aka Bitcoin Jesus Joined Azbit Exchange as a New Member of Advisory Board

coinspeaker | 10-16-2018

Early Bitcoin investor Roger Ver has sparked the rumors going around the launch of a self-owned exchange, as the cryptocurrency enthusiast joined the advisory board of Azbit exchange.The post Roger Ver aka Bitcoin Jesus Joined Azbit Exchange as a New Member of Advisory Board appeared first on CoinSpeaker.

Categories: BTC|Exchange|Altcoin|Business
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Wall Street Giant Fidelity To Open A Crypto Storage And Trading Platform

themerkle | 10-16-2018

Fidelity Investment has announced that it’s launching a cryptocurrency storage and trading platform. Dubbed Fidelity Digital Assets LLC, the new platform will cater mainly to institutional investors, offering custody solutions for digital assets, institutional advisory services and a crypto trading platform for its clients. Fidelity made the announcement today, October 15 during the Bloomberg Institutional […]The post Wall Street Giant Fidelity To Open A Crypto Storage And Trading Platform appeared first on NullTX.

Categories: Trading|ICO|Business
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Coinbase Opens Office in Dublin to Serve the European Market

livebitcoinnews | 10-16-2018

The leading cryptocurrency exchange, Coinbase, has announced the opening of its new office in Dublin, the Irish capital city. Firm Starts European Operations Coinbase, the U.S.-based leading cryptocurrency exchange, has been working aggressively to grow its business. As part of its growth strategy, the company has taken multiple steps, including the launch of services for...The post Coinbase Opens Office in Dublin to Serve the European Market appeared first on Live Bitcoin News.

Categories: Exchange|Market|BTC|Trading|Business
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Mike Novogratz: Bitcoin Rally Likely to Start in 2019

coinspeaker | 10-16-2018

Novogratz said that the arrival of institutional players has taken a little longer than expected. As a result, he cuts down on Bitcoin price prediction to below $10000 by the year-end. The post Mike Novogratz: Bitcoin Rally Likely to Start in 2019 appeared first on CoinSpeaker.

Categories: BTC|Trading|Altcoin|Business
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Reshape Blockchain Security With BlockSafe Technologies - [BTC Media Sponsor]

bitcoinmagazine | 10-16-2018

In today’srapidly advancing world of blockchain innovation, it’s no secret that cryptocurrencywallets, exchanges and enterprise platforms are targets for nefarious activity.Underscoring this threat are three notable hacks and accompanying losses forinvestors in recent history: Mt. Gox (650,000 BTC lost), Bitfinex (120,000 BTClost) and DAO Ethereum ($50 million lost). At the epicenterof efforts to thwart the proliferation of these intrusions is BlockSafe Technologies. A U.S. company with headquarters in Edison, New Jersey, BlockSafe is a subsidiary company of StrikeForceTechnologies, Inc., a leading cybersecurity solutions provider for corporations,government agencies and consumers that has been in business over 18 years. According toBlockSafe, most hacks involve wallets compromised by malware, where keyloggersare used to obtain secret codes and clipboard information is used to redirectdestination addresses. Once a wallet has been hacked, getting money returned oreven the prospect of legal recourse has always proven next to impossible. BlockSafeemploys a multipronged approach that locks down the decentralized ecosystemalong the three primary exposure points of wallets, exchanges and privateblockchains. Through a comprehensive set of solutions, BlockSafe provides astable approach for today’s topsy-turvy blockchain ecosystem at its two higheston-ramps of vulnerability: user authentication and interaction. ...

Categories: BTC|Blockchain|Business|ETH|Exchange
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27,000 Txn/s: Digital Asset Blockchain Beats Wall Street Bookkeeper’s Minimum Scale

ccn | 10-16-2018

Global business technology provider GFT has announced results of an independent performance test on the Digital Asset (DA) platform showing that the platform can process trading volumes exceeding 27,000 trades per second over a sustained period of time. These results place the platform above peak US equity trading volumes according to the DTCC. Founded inThe post 27,000 Txn/s: Digital Asset Blockchain Beats Wall Street Bookkeeper’s Minimum Scale appeared first on CCN

Categories: Blockchain|Trading|Technology|Business
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Speculation Increases for Icon [ICX] With Burn Approaching

blokt | 10-16-2018

Icon was one of the projects which many traders and investors were optimistic about at the start of the year. But Icon got swept up in the bear market with other cryptocurrencies, decreasing from above $12 in January to around $0.70 today. Talk about the project has been reignited with a number of significant events […]Speculation Increases for Icon [ICX] With Burn Approaching was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

Categories: BTC|Market|Blockchain|Trading|Business
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Polish Darknet Vendor of Counterfeit Euro Bills is Taken Into Custody

themerkle | 10-16-2018

Offering any product or service on the darknet can be a very risky business. This is especially true when trying to bring illegal goods to consumers, such as drugs, guns, or even counterfeit goods. In Poland, one of the most prolific darknet vendors of counterfeit goods has been arrested. His main business revolves around selling […]The post Polish Darknet Vendor of Counterfeit Euro Bills is Taken Into Custody appeared first on NullTX.

Categories: Fiat|Business|ICO
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Sony to launch blockchain-based platform for digital rights management

cryptonewsreview | 10-16-2018

Business and tech giant Sony has announced a blockchain-based digital rights management (DRM) system, in order to authenticate its rights data. The company is ‘contemplating’ the use cases for the system for information management and data distribution across a range of different fields, an official release states. Sony said: “Today, advances in technologies for digital […]The post Sony to launch blockchain-based platform for digital rights management appeared first on CryptoNewsReview.

Categories: Blockchain|Technology|Business
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AI-Driven Platform ‘Outperformed Stock Markets’ – And Now, It Is Focusing On Crypto

cointelegraph | 10-16-2018

An established fintech company is launching an AI-driven trading platform for crypto that aims to “ignore hype and avoid boom and bust cycles” #SPONSORED

Categories: ETH|Blockchain|Trading|Business|Sponsored
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Ripple’s Digital Currency XRP Maintains Bullish Movements

blokt | 10-16-2018

The market leader Bitcoin increased significantly yesterday moving from around $6200 to approximately $6850. It since retraced to $6450 and has been trading on low volume since then. Ripple’s digital currency XRP is one of the few coins to follow up with bullish movements today. The catalyst for this follow-up in appreciation is likely to be positive […]Ripple’s Digital Currency XRP Maintains Bullish Movements was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

Categories: Trading|XRP|BTC|Market|Blockchain
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CryptoCompare releases taxonomy report for cryptoassets

cryptonewsreview | 10-16-2018

CryptoCompare has released its Cryptoasset Taxonomy Report, which aims to help regulators and investors to differentiate between assets based on legal, economic and technological factors. The report is an independent classification of cryptoassets based on global data from CryptoCompare, and provides analysis of more than 200 assets based on 30 groupings including regulation, market cap […]The post CryptoCompare releases taxonomy report for cryptoassets appeared first on CryptoNewsReview.

Categories: Market|Regulation|Business
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50 Indian Traders Share Thoughts on Investing, RBI Ban, Future of Crypto in India

bitcoin.com | 10-16-2018

Fifty traders who use Indian crypto exchange Instashift have shared their thoughts on the current crypto environment in India. Most of them said that they “hodl” and would continue to invest in crypto despite regulatory uncertainty. Also read: RBI Argues Supreme Court Should Not Interfere With Its Crypto Decision Most Respondents Are Hodlers A survey was […]The post 50 Indian Traders Share Thoughts on Investing, RBI Ban, Future of Crypto in India appeared first on Bitcoin News.

Categories: BTC|Exchange|Business
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“An Extremely High Percentage” of Institutional Investors Interested in Crypto Says Fidelity’s Jessop

trustnodes | 10-16-2018

Tom Jessop, Fidelity Investments head of corporate business development and digital assets, said an internal survey of institutional investors showed there is “an extremely high percentage interested in this space.” His...The post “An Extremely High Percentage” of Institutional Investors Interested in Crypto Says Fidelity’s Jessop appeared first on Trustnodes.

Categories: Business|BTC|ETH
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BlockFi Now Offers Litecoin and Gemini Stablecoin-Backed Loan Options

bitcoinmagazine | 10-16-2018

Crypto-to-USD lender BlockFi has announced that it will support loans backed by both Litecoin and Gemini’s recent stablecoin token GUSD. This is the first time the company is expanding to accept collateral in one of the crypto industry’s top-10 assets besides bitcoin and ether. In addition, BlockFi is also the first crypto-backed lender to support loans backed by GUSD.Founded in 2017, BlockFi offers both debt and credit products and seeks to bring liquidity to the cryptocurrency space. Based in New York, the company operates in over 40 states and is backed by some of the country’s leading financial firms including PJC and ConsenSys Ventures, as well as Galaxy Digital Ventures LLC, which provided the company with nearly $53 million in capital during a funding round in July 2018. This marked the first investment into crypto-backed loans from an institutional enterprise. Zac Prince is the company CEO. Speaking with Bitcoin Magazine, he said that BlockFi’s acceptance of Litecoin was a “logical first step” toward supporting most — if not all — of the world’s top 10 cryptocurrencies. “Litecoin was recently added to Gemini and has a long history of price appreciation,” he commented. “Having large, imbedded capital gains is one of the motivating factors for considering a loan backed by crypto. Litecoin also has strong liquidity with USD pairs in multiple trading venues.” With the addition of GUSD, BlockFi can o...

Categories: LTC|BTC|Trading|ICO|Business
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The US Is Behind the Curve on Cryptocurrency Adoption, Says WEF Blockchain Head

livebitcoinnews | 10-16-2018

Sheila Warren believes the United States is behind the curve on cryptocurrency payment adoption. The head of the World Economic Forum’s blockchain policy unit says the maturity of the e-commerce arena in Asia has the U.S. playing second fiddle. Asia Leads the World in Cryptocurrency Payment Technology In an op-ed published on CNN Business on...The post The US Is Behind the Curve on Cryptocurrency Adoption, Says WEF Blockchain Head appeared first on Live Bitcoin News.

Categories: Blockchain|Asia|BTC|Technology|Business
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Decred Is Turning Its Entire $21 Million Crypto Treasury Over to Investors

coindesk | 10-16-2018

Decred is handing control of its $21 million treasury and all aspects of the protocol, from consensus through staffing, over to token holders.

Categories: Regulation|Market|ICO|Blockchain|Business
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Hong Kong Explores Different Ways of Regulating Cryptocurrency Exchange Platforms

blokt | 10-16-2018

The Hong Kong Securities and Futures Commission (SFC) is keen on exploring different ways to regulate cryptocurrency exchange platforms operating in Hong Kong to protect retail investors. According to a South China Morning Post (SCMP) article published on Oct. 15, the Hong Kong watchdog believes that a total ban is not effective and it is […]Hong Kong Explores Different Ways of Regulating Cryptocurrency Exchange Platforms was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

Categories: Asia|Exchange|BTC|Blockchain|Business
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Blockfolio: Cryptocurrency App Raises $11.5 Million in Series Funding From Notable Investors

blokt | 10-16-2018

If the lineup of its investors measures the success of a start-up, then Blockfolio, a start-up that developed an app that tracks crypto portfolio, is in the right direction. Blockfolio reported on Oct. 11 that it raised $11.5 million in a Series A round funding led by Pantera Capital, one of the most well-known and earliest […]Blockfolio: Cryptocurrency App Raises $11.5 Million in Series Funding From Notable Investors was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

Categories: Business|BTC|ICO|Blockchain
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The Crypto Protocol Trying to Unite Every Exchange Order Book

coindesk | 10-16-2018

Imagine the liquidity of every crypto exchange, but in one giant pool. That's what Paradigm aims to build, and investors are on board.

Categories: Exchange|Market|Blockchain|Business|Sponsored
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Will XRP Be Trump’s Answer to China?

financemagnates | 10-16-2018

Ripple strategist says that Washington is doing its homework on XRP, concerned about foreign control.

Categories: XRP|Asia|BTC|ETH
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Telegram to Debut ‘Test Version’ of Blockchain Platform TON ‘This Autumn,’ Say Investors

cointelegraph | 10-16-2018

Investors have confirmed plans to trial Telegram’s blockchain platform TON this autumn, says media

Categories: Blockchain|Business
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Crypto Trade Volume Doubles Overnight, Have The Bears Run Out Of Steam?

newsbtc | 10-16-2018

After a seemingly endless cycle of non-action, the crypto market finally saw a spark of life on Monday, as fears of a Tether ‘bank run’ hit newfound highs, while confusion strong-handed investors into making moves. In the span of just a few hours, exchanges recorded billions of dollars volume, quickly pushing this market off its...The post Crypto Trade Volume Doubles Overnight, Have The Bears Run Out Of Steam? appeared first on NewsBTC.

Categories: Market|BTC|USDT|Exchange|Business
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Hong Kong Crypto Trading Should Be Regulated: Claims SFC Chairman (Bitmex effect?)

cryptopotato | 10-16-2018

TL;DR • Hong Kong SFC chairman, Carlson Tong Ka-Shing claims that regulating cryptocurrency exchanges is better than banning trading. • Cryptocurrency trading ban would be ineffective since it would only push investors towards overseas markets. • Hong Kong-based exchanges are required to comply with regulations to ensure investors’ protection. A new statement was recently given by […]The post Hong Kong Crypto Trading Should Be Regulated: Claims SFC Chairman (Bitmex effect?) appeared first on CryptoPotato.

Categories: Asia|Trading|Market|Business
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Crypto Roundup - 16 October 2018

cryptoglobe | 10-16-2018

Six coins from the top 10 coins by 24-hour volume posted positive changes, ranging from 0.40% to 2.81%. Fidelity to launch crypto custody and brokerage solutions for institutional investors. Apple Co-Founder Steve Wozniak officially joins blockchain company EQUI Capital.

Categories: Blockchain|Business
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Ripple Price Analysis: XRP/USD Bullish Above $0.4250

newsbtc | 10-16-2018

Key Highlights Ripple price surged higher and broke the key $0.4200 and $0.4300 resistance levels against the US dollar. There is a short-term channel formed with support at $0.4290 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to break the $0.4500 resistance to climb once again towards...The post Ripple Price Analysis: XRP/USD Bullish Above $0.4250 appeared first on NewsBTC.

Categories: Trading|XRP|Market|Fiat
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Skoda Minotti Dabbles in Bitcoin Payments as “Crypto Is Here to Stay”

livebitcoinnews | 10-16-2018

Various businesses and service providers accept cryptocurrency payments. The latest firm to join this growing list is Skoda Minotti. The renowned business advisory firm now accepts this form of payment for client service payments. Another notch in the belt for the Bitcoin and altcoin industry. Skoda Minotti Takes a Big Gamble One of the main...The post Skoda Minotti Dabbles in Bitcoin Payments as “Crypto Is Here to Stay” appeared first on Live Bitcoin News.

Categories: BTC|Altcoin|Business
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At-home Bitcoin mining is no longer profitable, analysts claim

cryptonewsreview | 10-16-2018

It’s virtually impossible to make a profit from Bitcoin mining at home anymore… by Manoj Sharma for CNR Plenty of things have changed in the world of Bitcoin mining over the past months. Using computers to mine Bitcoin has become a worldwide business, but it’s one that appears to have peaked. Sadly, for at-home miners, […]The post At-home Bitcoin mining is no longer profitable, analysts claim appeared first on CryptoNewsReview.

Categories: BTC|Mining|Business
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Ripple (XRP) Price Watch: Uptrend Resumes, Next Targets

newsbtc | 10-16-2018

Ripple Price Key Highlights Ripple price recently busted through the short-term descending trend line to signal a reversal. Price might still need to make a pullback in order to gather more bullish momentum to sustain the rally. The 61.8% Fib already seems to be holding, though, and technical indicators are reflecting a pickup in buying...The post Ripple (XRP) Price Watch: Uptrend Resumes, Next Targets appeared first on NewsBTC.

Categories: Trading|XRP
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Fidelity Launching Crypto Custody and Trading Services

bitcoin.com | 10-16-2018

Fidelity Investments has announced the launch of a new company dedicated to providing cryptocurrency services including custody and trade execution. The services will be available to institutional investors such as hedge funds, family offices, and market intermediaries. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals New Crypto Company Formed Leading financial services […]The post Fidelity Launching Crypto Custody and Trading Services appeared first on Bitcoin News.

Categories: BTC|Trading|Market|Mining|Business
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Bakkt Continues Talks with Crypto Regulators, Adds Key Executive to the Team

newsbtc | 10-16-2018

A veteran and early employee of Coinbase is switching teams, moving to the up-and-coming cryptocurrency exchange platform, Bakkt. Adam White will be joining Bakkt as the exchange’s Chief Operating Officer, helping the platform to develop as it prepares for its imminent launch. Many investors and analysts see Bakkt as being cryptocurrency industry’s next big platform...The post Bakkt Continues Talks with Crypto Regulators, Adds Key Executive to the Team appeared first on NewsBTC.

Categories: Exchange|Regulation|Business
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Roger Ver: ‘Undercover US Government Agents Go on LocalBitcoins and Arrest People’

cointelegraph | 10-16-2018

Former ‘Bitcoin Jesus’ Roger Ver talks about becoming a Bitcoin Cash believer, the future of cryptocurrencies and why the U.S. is the worst place for doing business in crypto

Categories: BTC|Business
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Hong Kong to Propose Regulation for Cryptocurrency Trading

newsbtc | 10-15-2018

Hong Kong’s financial watchdog is looking to tighten investor protection by regulating cryptocurrency trading platforms. The Securities and Futures Commission (SFC), however, is limited by its legal regulatory reach of securities only, according to Carlson Tong Ka-shing, the outgoing chairman. Outgoing SFC Chairman Says Ban on Cryptocurrency Trading “Will Not Work in Today’s Internet World” In...The post Hong Kong to Propose Regulation for Cryptocurrency Trading appeared first on NewsBTC.

Categories: Regulation|Trading|Asia|Business
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Investment Mogul Fidelity to Offer Digital Assets Services Targeted at Institutional Investors

livebitcoinnews | 10-15-2018

US-based investment giant Fidelity, reportedly handling $7.4 trillion in client assets, announced that it will be launching a cryptocurrency arm offering digital asset services targeted at institutional investors. Enter Fidelity Fidelity Investments is stepping into the cryptocurrency field, providing custody as well as trade execution services to “sophisticated” investors including market intermediaries, family offices, and...The post Investment Mogul Fidelity to Offer Digital Assets Services Targeted at Institutional Investors appeared first on Live Bitcoin News.

Categories: Business|BTC|Market|ICO
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Major Art House Christie's To Pilot Blockchain Registration In Upcoming Auction

ethnews.com | 10-15-2018

This fall, the leading art business is playing with blockchain technology.

Categories: Blockchain|Technology|Business
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Ripple Officially Introduced to Trump’s Administration

livebitcoinnews | 10-15-2018

Cory Johnson, Ripple’s chief market strategist, has proudly had the chance to introduce Ripple and XRP to Trump’s administration.    Ripple has been having to deal with a great deal of confusion regarding multiple things that are quite provable. Cory Johnson, chief marketing strategist for the San Francisco-based company, tried to clarify a few points during...The post Ripple Officially Introduced to Trump’s Administration appeared first on Live Bitcoin News.

Categories: XRP|BTC|Market
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Nouriel Roubini Expands Anti-Cryptocurrency Crusade to Blockchain Technology

newsbtc | 10-15-2018

Controversial economist and professor at New York University’s Stern School of Business, Nouriel Roubini, has long been a detractor of cryptocurrencies, first warning investors against the “scam” in 2013. Since his widely reported tirade against the cryptocurrency, its price has risen 11x, mainly due to increased adoption and growing promise. Despite being undeniably wrong about...The post Nouriel Roubini Expands Anti-Cryptocurrency Crusade to Blockchain Technology appeared first on NewsBTC.

Categories: Blockchain|Technology|Business|Trading
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Atari Founder Nolan Bushnell's X2 Games Acquired by Global Blockchain

bitcoinmagazine | 10-15-2018

The man who created Atari has moved on to blockchain-based gaming. Neil Bushnell’s X2 Games has been acquired by Canadian-based Global Blockchain (BLOC), a crypto investment firm, in hopes that Bushnell’s expertise will lead to another gaming industry revolution — this time with the help of blockchain technology.The move will see the Canadian company align its existing efforts to tokenize gaming platforms with X2 Games' expertise for game development. BLOC will also merge sections of its media and entertainment business with those of X2 Games Corp. and create a subsidiary for its enterprise and exchange activities, to be run by BLOC's current management and operational team.X2 Games is a blockchain-based games publisher that builds multiplayer gaming experiences, leveraging blockchain technology to create unique gaming experiences for conventional and experimental platforms. X2 Games was created by American businessman and founder of Atari Inc. Nolan Bushnell and acclaimed digital animator Zai Ortiz, known for creating visuals for Iron Man's J.A.R.V.I.S system holograms among others. Bushnell, known as the "Godfather of the Video Game Industry," is a Video Game Hall of Famer and has been included on Newsweek's list of the “50 People Who Changed America.” Bushnell is no stranger to creating blockbuster games with unique "never-been-seen-before-designs." In addition to launching the first Atari 2600 conso...

Categories: Blockchain|Business|BTC|Exchange|Technology
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World’s First Cryptocurrency-Related IPO Capped at $900 Million

bitcoinist | 10-15-2018

The world’s very first cryptocurrency related initial public offering (IPO) has been announced by investment company headquartered in the Cayman Islands. The initiative attempts to widen the exposure of investors to different cryptocurrencies, ICOs, and digital assets in general. $900 Million Cryptocurrency Related IPO Epoch Partners Limited, an investment company with headquarters in the Cayman Islands, has reportedly put in motion the first initial public offering of a cryptocurrency-related fund. The Securities Registration Statement forRead MoreThe post World’s First Cryptocurrency-Related IPO Capped at $900 Million appeared first on Bitcoinist.com.

Categories: ICO|Business
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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, October 15

cointelegraph | 10-15-2018

Will cryptocurrencies hold on to higher prices or give up recent gains in the next few days? Let’s watch the critical levels that will indicate a trend change

Categories: BTC|ETH|LTC|XMR|XRP
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SimpleFX Makes CFD Trading Fast and Easy Like Never Before with the Launch of the New SimpleFX WebTrader Tool

themerkle | 10-15-2018

SimpleFX, one of the fastest growing CFD platforms, has just released a new version of SimpleFX WebTrader with the goal of becoming the fastest and easiest of all trading tools available at present. The company has also joined hands with the affiliate tracking platform Unilink.io to help its clients enjoy real-time revenue tracking benefit and […]The post SimpleFX Makes CFD Trading Fast and Easy Like Never Before with the Launch of the New SimpleFX WebTrader Tool appeared first on NullTX.

Categories: Trading|Business|Sponsored
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Trillion-dollar Wall St. asset management firm moves into crypto

cryptonewsreview | 10-15-2018

Fidelity will offer institutional cryptocurrency and brokerage in 2019. Fidelity, the $2.5trn Wall St. asset management giant, announced Monday that it will soon begin to offer cryptocurrency custody and brokerage solutions for institutions. These new facilities will be provided by a new off-shoot arm of the business, Fidelity Digital Assets. According to the The Block […]The post Trillion-dollar Wall St. asset management firm moves into crypto appeared first on CryptoNewsReview.

Categories: BTC|Blockchain|Business
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Fidelity Unveils New Institutional-Grade Cryptocurrency Investment Service

bitcoinmagazine | 10-15-2018

Fidelity Investments has launched a new business to allow its institutional clients to trade in digital currencies such as bitcoin, a press release reveals. Known as Fidelity Digital Asset Services, LLC, the company will purchase and sell cryptocurrencies for family offices, hedge funds and other monetary ventures.All coins will be sourced from large, over-the-counter digital exchanges and housed using cold storage to ensure customer funds always remain safe. To start, Fidelity’s services will be limited to bitcoin and ether, though representatives say they’re looking to expand their offerings in 2019. “Our goal is to make digitally native assets, such as bitcoin, much more accessible to investors,” chairman and chief executive of Fidelity, Abigail Johnson, said in a statement. Volatility in crypto prices, along with the lack of custody and other banking services witnessed in the digital currency space, is a point of concern for institutional investors, one that has prevented many of them from feeling comfortable enough to take part in the cryptocurrency space. Fidelity is hoping to change all that by allowing trades and sales in a more traditional, regulated environment and boosting the market maturity of both bitcoin and ether. Fidelity Digital Assets already has 100 employees on its roster, and it will be headed by Tom Jessop, managing director at Goldman Sachs Group Inc. and former president of the ...

Categories: BTC|Market|Business|Regulation
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Are Investors Losing Faith In Tether’s Stablecoin?

ethnews.com | 10-15-2018

There is no shortage of rumors surrounding the reasons for Tether’s sudden decline in price.

Categories: Trading|Business
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This May Be the End of Bitfinex, One of the Biggest Exchanges in Crypto

newsbtc | 10-15-2018

After last week’s price drop, investors have become optimistic in the positive short-term trend of crypto. The new bull run is being led by Bitcoin, which has managed to regain and exceed its former bottom of $6,000. According to the data provided by Bitfinex, BTC against Tether (USDT) exceeded $7,700. This unexpected surge in the...The post This May Be the End of Bitfinex, One of the Biggest Exchanges in Crypto appeared first on NewsBTC.

Categories: BTC|Exchange|USDT|Trading|Business
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With Stocks Looking Rocky, Fidelity Has Launched a New Company Allowing Hedge Funds to Trade Bitcoin and Ethereum

bitcoinist | 10-15-2018

On the heels of a massive 10% price jump in Bitcoin (BTC) and after a rocky week for the stock market, Fidelity has announced plans to store and trade digital currencies for their institutional clients. Currently, Fidelity manages $7.2 trillion dollars in total assets, and services more than 27 million customers. Fidelity is leading the United States in 401(k) retirement savings plans, and is one of the largest 403(b) retirement plan providers for not-for-profit institutions. JustRead MoreThe post With Stocks Looking Rocky, Fidelity Has Launched a New Company Allowing Hedge Funds to Trade Bitcoin and Ethereum appeared first on Bitcoinist.com.

Categories: BTC|ETH|Market|Trading|Business
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Bitcoin After Death: The Perils of Sharing One’s Fortune

bitcoin.com | 10-15-2018

If you are a young fortune-hunter toiling away on a computer in a basement, the prospect of death probably isn’t among your top considerations. Equally, if the main draw to crypto is its relative privacy, you may not be particularly eager to share your private keys with your loved ones, as a hacker could sift […]The post Bitcoin After Death: The Perils of Sharing One’s Fortune appeared first on Bitcoin News.

Categories: BTC|XRP