Cryptocurrency News

NAGA Coin (NGC) Now Listed on Bittrex

Fri May 25 , 2018 at 22:00:00 UTC

Earlier this week, NAGA Coin gained a prominent listing on the popular US-based cryptocurrency exchange Bittrex. ‘Another Day, Another Exchange’ NAGA Coin (NGC) achieved new listings on the popular cryptocurrency exchanges Bittrex and UpBit. Following NGC’s listing on the US-based exchange, the token’s price spiked from roughly $0.60 to as high as $1.05 — before natural profit-taking and a continued market-wide downtrend pushed the coin back down to what some may consider a very buyable Read More The post NAGA Coin (NGC) Now Listed on Bittrex appeared first on Bitcoinist.com.

SegWit Now Comprises Almost Half of All Bitcoin Transactions

Fri May 25 , 2018 at 21:00:00 UTC

The overall percentage of Bitcoin transactions using Segregated Witness (SegWit) technology has climbed to all-time highs this week, approaching 40%. May Sees SegWit Spike Data from monitoring resource transactionfee.info reproduced on Twitter by investor and entrepreneur Alistair Milne shows steep growth in SegWit’s share beginning earlier in May. The rise was likely fuelled by wallet and cold storage provider Xapo implementing the technology, Milne commented. The company’s president Ted Roger confirmed the implementation separately May Read More The post SegWit Now Comprises Almost Half of All Bitcoin Transactions appeared first on Bitcoinist.com.

Why the Travel Industry Needs Crypto-Driven Solutions

Fri May 25 , 2018 at 20:00:00 UTC

The travel industry is one that could highly benefit from transitioning to blockchain technology – and it needs to do so immediately. Despite substantial and continuous developments in engineering new machines for transportation, the supporting services attached to them have not progressed at the same pace. As international travel has become more and more common, the lapses and deficiencies of the stunted travel industry are painfully evident. To start with, the current system forces travelers to Read More The post Why the Travel Industry Needs Crypto-Driven Solutions appeared first on Bitcoinist.com.

John McAfee Says Bitcoin Will Surpass $15,000 in June

Fri May 25 , 2018 at 19:00:00 UTC

John McAfee is back again with another flurry of bold cryptocurrency predictions. In a tweet on May 24th, the tech activist and internet security expert listed five cryptos that will experience huge gains in the summer. The tweet also contained some political predictions on U.S. foreign relations. Bitcoin Will Rise in June and Dip in July According to McAfee, “Bitcoin will surpass $15,000 in June.” The controversial crypto proponent, however, predicts that the spike will Read More The post John McAfee Says Bitcoin Will Surpass $15,000 in June appeared first on Bitcoinist.com.

10 Reasons to Be Excited About Essentia

Fri May 25 , 2018 at 18:00:00 UTC

Here are ten reasons why Essentia has the potential to break the internet of fragmentation and propel us towards mainstream blockchain adoption. 1: Essentia is not just an application or a simple platform, it’s a protocol. Essentia does front itself with a user-friendly interface to navigate across multiple blockchains and decentralized apps. But its open-source code also means that developers can tuck into the back end and create customized experiences, for anyone to use. 2: Read More The post 10 Reasons to Be Excited About Essentia appeared first on Bitcoinist.com.

Native Video Box Collects USD 9.8 Million from Its ICO and Ranks Highly with Leading Experts on the Crypto Market

Fri May 25 , 2018 at 17:00:00 UTC

Native Video Box (NVB), the independent video distribution platform that applies a native eco approach to advertising based on machine learning, has completed its ICO. During the initial coin offering, which together with the presale lasted for six months (from November 1, 2017, to April 30, 2018), the project managed to collect a total of USD 9.8 million. Native Video Box is an innovative blockchain platform combining the newest video advertising technologies and offering users a Read More The post Native Video Box Collects USD 9.8 Million from Its ICO and Ranks Highly with Leading Experts on the Crypto Market appeared first on Bitcoinist.com.

AirPod Synchronizing Pre-Sale Date with CryptoKonf 2018

Fri May 25 , 2018 at 16:00:00 UTC

AirPod – one of the most exciting new projects in the blockchain industry and cryptocurrency space – is going to be a Diamond Sponsor at CryptoKonf 2018 in Belgrade, Serbia. As such, AirPod is set to give an opening speech, during which the project’s ICO will be introduced to the broader cryptocurrency world. What is CryptoKonf 2018? CryptoKonf 2018 is the most prominent blockchain, FinTech, compliance, cryptocurrency and ICO conference in southeastern Europe, and features Read More The post AirPod Synchronizing Pre-Sale Date with CryptoKonf 2018 appeared first on Bitcoinist.com.

Airdrop and HODL: LockTrip to Skyrocket After Unbelievable $500,000 Giveaway

Fri May 25 , 2018 at 15:00:00 UTC

Analysts are predicting the crypto market to break the $1 trillion mark this year. With that being said, now is as good a time as any to identify promising coins. One project that industry experts have got their eyes on is LockTrip, and with its price already 10% higher than last week, they are sure to experience new heights with $500,000 airdrop campaign. Airdrop of the Year There is $10 worth of free LOCs available Read More The post Airdrop and HODL: LockTrip to Skyrocket After Unbelievable $500,000 Giveaway appeared first on Bitcoinist.com.

CheapAir Ditches BitPay For Open-Source Bitcoin Payments

Fri May 25 , 2018 at 15:00:00 UTC

Travel and accommodation website CheapAir.com has appeared to choose self-hosted payment processor BTCPay for its Bitcoin payments, shunning industry stalwart BitPay. CheapAir ‘Doing Testing’ With BTCPay According to comments on social media, BTCPay, which offers open-source merchant software, could officially become the new processor for Cheapair after it dropped Coinbase earlier this month. “We had a nice run with Coinbase but they are sun-setting their merchant platform next week,” the company wrote confirming the planned Read More The post CheapAir Ditches BitPay For Open-Source Bitcoin Payments appeared first on Bitcoinist.com.

PermaBull Tom Lee Holds Strong on $25K Bitcoin Price Prediction

Fri May 25 , 2018 at 13:00:00 UTC

Wednesday’s arrival of Tom Lee onto a CNBC segment saw the analyst expressing his high hopes for the cryptocurrency space despite negative price action. He still fully expects that the Bitcoin price will reach $25,000 by the end of the year.  Crypto Market Unexpectedly Slips, Falls By Over 7% Tom Lee, known as a “chronic” bull in the cryptocurrency community, reiterated his belief that Bitcoin will hit $25,000 by the end of the year. He Read More The post PermaBull Tom Lee Holds Strong on $25K Bitcoin Price Prediction appeared first on Bitcoinist.com.

Another One Bites the Dust: ShipChain Served with Cease and Desist Order

Fri May 25 , 2018 at 11:00:00 UTC

The Securities Division of the Office of the Attorney General in South Carolina has served ShipChain with an administrative order to cease and desist from conducting business transactions within the state. The ruling comes down after it was determined that the tokens offered by ShipChain during its ICO fell under the state’s legal definition of securities.  Oversight and tough calls are rampantly increasing on behalf of the Securities and Exchange Commission (SEC) in what is supposed to Read More The post Another One Bites the Dust: ShipChain Served with Cease and Desist Order appeared first on Bitcoinist.com.

ASKfm Reaches New Peak, Scales Everest

Fri May 25 , 2018 at 09:00:00 UTC

As everyone knows, Bitcoin has had an ultra-impressive run. Now, initial coin offerings (ICOs) are the cryptocurrency space’s hottest offerings, thanks to their ability to provide high returns on investment. Having said that, not all ICOs are created equal. Some will barely reach the finish line, let alone shoot the moon. With investors always looking for “the next Bitcoin,” the race to take the next big ICO to the moon is already underway!  The Highest Read More The post ASKfm Reaches New Peak, Scales Everest appeared first on Bitcoinist.com.

Study Claims Cryptocurrency Values Based on Investor Sentiment

Fri May 25 , 2018 at 07:00:00 UTC

A recent study by the Warwick Business Schools claims that the whims and caprices of investors dictate cryptocurrency prices. The study, also claims that economic indices do not play a significant role in shaping the market dynamic. In short, cryptos are only worth as much as people are willing to pay for them. Cryptocurrency Value is Subject to Mood Swings Assistant finance professor at Warwick Business School, Daniele Bianchi, is the author of the research Read More The post Study Claims Cryptocurrency Values Based on Investor Sentiment appeared first on Bitcoinist.com.

Singapore Proposes Regulatory Changes Which Could Green-Light Blockchain Related Exchanges

Fri May 25 , 2018 at 05:00:00 UTC

The Monetary Authority of Singapore (MAS) has proposed changes to its current regulations which are expected to lower the market entry for blockchain related exchanges. A Regulator Responds to Blockchain & a Changing Financial Landscape According to reports, MAS  – which is Singapore’s central bank and financial regulator – has issued a consultation paper in which it is reviewing the current regulatory framework which has been in place since 2002. This is to accommodate the demands Read More The post Singapore Proposes Regulatory Changes Which Could Green-Light Blockchain Related Exchanges appeared first on Bitcoinist.com.

Could Cryptocurrency Be a Red Flag for U.S. Workers Seeking Security Clearances?

Fri May 25 , 2018 at 03:00:00 UTC

Technology and military experts suggest that candidates for defense jobs may not be able to obtain a necessary security clearance if they own Bitcoin or other cryptocurrencies.  The Struggle for Tech Talent in the Defense Sector The Pentagon is struggling to hire new tech talent. Unlike the private sector, the Department of Defense and certain other government agencies require a candidate to obtain necessary security clearances in order to be hired. This leaves a very Read More The post Could Cryptocurrency Be a Red Flag for U.S. Workers Seeking Security Clearances? appeared first on Bitcoinist.com.

American Express Could Use Blockchain to Protect Clients’ Identities and Combat Fraud

Fri May 25 , 2018 at 01:00:00 UTC

US-based financial corporation American Express is researching how blockchain technology can provide solutions to issues such as fraud and identity protection. More and more financial services companies are exploring how blockchain technology can make a difference, not only in their existing processes but also in providing improved user experiences for their clientele. Amex on Board the Blockchain Train Mastercard is turning to the crypto-supporting technology as is American Express. According to TechRadar, the latter will make Read More The post American Express Could Use Blockchain to Protect Clients’ Identities and Combat Fraud appeared first on Bitcoinist.com.

The Sweet Smell of Success: Unilever-Owned Schmidt’s Naturals Adds Bitcoin as Payment Option

Thu May 24 , 2018 at 23:00:00 UTC

There are a lot of odd things you can buy with Bitcoin – spy gear, lasers, alpaca socks, and now, high-end deodorant. ‘Scent or Payment Method’ Deodorant maker Schmidt’s Naturals is the latest company to let online shoppers buy its products with Bitcoin. Co-founder and CEO Michael Cammarata claims Bitcoin has accounted for 5 to 10 percent of online sales since they started accepting the cryptocurrency on May 14. “It’s starting to be a percent of Read More The post The Sweet Smell of Success: Unilever-Owned Schmidt’s Naturals Adds Bitcoin as Payment Option appeared first on Bitcoinist.com.

Concerns Growing Over Crypto Energy Usage

Thu May 24 , 2018 at 22:00:00 UTC

A recent report in the scientific journal Joule has concluded that Bitcoin mining currently consumes as much electricity as Ireland, and is on track to consume .5 percent of global power by the end of this year. This report has raised concerns, as many consider such a massive use of energy wasteful and unnecessary. More

Kepler Pre-Sale White Listing Now Underway

Thu May 24 , 2018 at 22:00:00 UTC

The gates of Kepler Technologies pre-sale white listing were opened on May 23 and it is currently possible for investors from all around the world to take part. In order to participate, all you need to do is register and get whitelisted and then reserve the amount of KEP you are planning on buying during this stage. The pre-sale will begin on May 29 and last for three weeks, ending on June 19. There is Read More The post Kepler Pre-Sale White Listing Now Underway appeared first on Bitcoinist.com.

TokensGate Enters Private Pre-Sale Stage – Introduces Blockchain Based Investment Platform That Instantly Creates A New Paradigm In The Global Investment Sector

Thu May 24 , 2018 at 22:00:00 UTC

Revolutionary blockchain investing concept enables global investors to support blockchain-based startups that were once only available to the tech-savvy rich and famous. London, United Kingdom, May 23, 2018 – It is no secret that those investors that were savvy enough to invest in Bitcoin when it first hit the world stage made a fortune in a short amount of time and can still do so. The same is true when the Ethereum Based Ether, or ETH, Read More The post TokensGate Enters Private Pre-Sale Stage – Introduces Blockchain Based Investment Platform That Instantly Creates A New Paradigm In The Global Investment Sector appeared first on Bitcoinist.com.

‘I’ve Got More Money Than Your Country,’ Craig Wright Tells Rwanda

Thu May 24 , 2018 at 21:00:00 UTC

NChain CTO and self-proclaimed creator of Bitcoin Craig Wright has told members of a conference in Rwanda that he “has more money than their country.” Wright: ‘Quite Frankly,’ I’m Richer Than You Speaking at the Transform Africa Summit 2018 in the capital of Kigali, Wright made various assertions about his abilities to transform Africa using blockchain technology. The remarks formed part of a presentation titled “Bitcoin Cash: The Cryptocurrency & Blockchain For Africa.” Wright, who Read More The post ‘I’ve Got More Money Than Your Country,’ Craig Wright Tells Rwanda appeared first on Bitcoinist.com.

Circle Unveils New Product for Retail Cryptocurrency Investors

Thu May 24 , 2018 at 19:00:00 UTC

Cryptocurrency startup company, Circle, has unveiled a new investment product. The launch was announced via a post on the company’s blog. The Goldman Sachs-backed firm recently completed a lucrative investment round while announcing plans for a stablecoin tied to the USD. Buy the Market According to a blog post by Senior Product Manager, Rachel Mayer, the latest addition to the catalog of crypto investment offerings at the firm is called “Buy the Market.” This new Read More The post Circle Unveils New Product for Retail Cryptocurrency Investors appeared first on Bitcoinist.com.

Small Banks in America Making Money with Bitcoin

Thu May 24 , 2018 at 17:00:00 UTC

Bitcoin might be anathema to the majority of Wall Street banks, however, for small lenders in the U.S., the crypto market is a veritable money maker. Despite the uncertainty and lack of regulation in the industry, Main Street banks are jumping on the Bitcoin bandwagon and raking in huge revenues. Main Street Banks Catching the Bitcoin Bug The big banks on Wall Street have largely shunned the cryptocurrency market with only a few making tentative Read More The post Small Banks in America Making Money with Bitcoin appeared first on Bitcoinist.com.

U.S. Department of Justice Set to Probe Suspected Bitcoin Price Manipulation

Thu May 24 , 2018 at 15:00:00 UTC

There are unconfirmed reports that the U.S. Department of Justice (DOJ) has set up a probe to investigate suspected Bitcoin price manipulation activities. According to Bloomberg, four unnamed sources revealed that federal prosecutors are worried that the market is overrun with misconduct. Fears of Rampant Spoofing and Wash Trading in Bitcoin The two major points of inquiry for the probe are spoofing and wash trading. Spoofing refers to flooding the market with fake orders, tricking Read More The post U.S. Department of Justice Set to Probe Suspected Bitcoin Price Manipulation appeared first on Bitcoinist.com.

Tutellus – Opening New Horizons Through Online Education

Thu May 24 , 2018 at 14:00:00 UTC

Tutellus is by far the biggest online educational collaborative platform in the Spanish-speaking world. In operation since May 2013, it currently boasts more than 1 million users in 160 countries. It now seeks to harness to power of blockchain-based technology to disrupt the online education industry as we know it. The project is currently in the process of a pre-sale and it will launch the official token sale on June 12th, 2018. Pinpointing Critical Problems Read More The post Tutellus – Opening New Horizons Through Online Education appeared first on Bitcoinist.com.

Banishing The Bear: New Analysis Pinpoints Return To Bitcoin Bull Market

Thu May 24 , 2018 at 13:00:00 UTC

A group of cryptocurrency analysts has identified new market trends, signaling what they believe is the imminent end of the Bitcoin “bear market.” From Selling to Stocking Up In a selection of charts uploaded to social media May 23rd, the group, known on Twitter as “The Crypto Fam,” determined BTC/USD was coming to the end of a three-cycle bearish phase which began in mid-December 2017. According to the findings, institutional investors were “clearly stocking up” Read More The post Banishing The Bear: New Analysis Pinpoints Return To Bitcoin Bull Market appeared first on Bitcoinist.com.

TradingView is Booming But Crypto Offering is Still Lacking

Thu May 24 , 2018 at 11:00:00 UTC

TradingView still has flaws when it comes to the crypto market and will have to break away from its traditional finance background to put the funds it received to good use and make crypto inroads. TradingView, a developer of social networking and data analysis tools for financial markets, got in early as a crypto trading and investment tool finding an amazing opportunity, which has resulted in the company receiving a whopping $37 million in new funds by Read More The post TradingView is Booming But Crypto Offering is Still Lacking appeared first on Bitcoinist.com.

India Seeks 18% Tax On Cryptocurrency Sales In Potential Legitimacy Push

Thu May 24 , 2018 at 09:00:00 UTC

India is considering applying a tax to cryptocurrency trading in a move which could mark a step towards its legitimacy in the country. Crypto Could Become ‘Intangible Goods’ According to Bloomberg quoting anonymous sources May 23rd, the government’s Central Board of Indirect Taxes and Customs is working on proposals to treat crypto transactions as an exchange of “intangible goods” – making them eligible for goods and services tax (GST) of 18 percent. According to the Read More The post India Seeks 18% Tax On Cryptocurrency Sales In Potential Legitimacy Push appeared first on Bitcoinist.com.

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