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DASH/USD and LTC/USD Technical Analysis November 3 2017

DASH/USD DASH continues to be volatile, as we have been drifting lower overall. However, it is a very slow descent, so I think that it’s only a matter of time before the buyers get involved and push this market to the upside. The $300 level above is massive resistance, and if we can break above … Continue reading DASH/USD and LTC/USD Technical Analysis November 3 2017

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Bitcoin Price Will Hit $60,000 This Year: Fund Manager

Phillip Nunn, chief executive officer of Manchester-based investment firm Blackmore Group, is standing by his bullish prediction that the bitcoin price will reach $60,000 in 2018, according to BusinessCloud. Nunn, who also advises initial coin offering (ICO) projects, told the news outlet he believes the flagship cryptocurrency see both $6,000 and $60,000 this year. Speaking … Continued

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Bitcoin Price Will Hit $60,000 This Year: Fund Manager

Phillip Nunn, chief executive officer of Manchester-based investment firm Blackmore Group, is standing by his bullish prediction that the bitcoin price will reach $60,000 in 2018, according to BusinessCloud. Nunn, who also advises initial coin offering (ICO) projects, told the news outlet he believes the flagship cryptocurrency see both $6,000 and $60,000 this year. Speaking … Continued

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JPMorgan Fined $65 Million for Manipulating US Dollar Benchmark

The Commodity Futures Trading Commission (CFTC) on Monday slapped JPMorgan Chase Bank with a $65 million fine for attempting to manipulate the value of a US Dollar benchmark index. JPMorgan Busted for Trying to Manipulated USD Benchmark According to the CFTC, JPMorgan traders repeatedly attempted to manipulate the US Dollar International Swaps and Derivatives Association … Continued

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Why Does the New Economy of Knowledge Sharing Matter?

“In today’s environment, hoarding knowledge ultimately erodes your power. If you know something very important, the way to get power is by actually sharing it.” — Joseph Badaracco The Fourth Industrial Revolution Historically, our society has undergone paramount technological changes in three industrial revolutions: 1st Industrial revolution – 1765: mechanization; 2nd Industrial revolution – 1870: mass production; 3rd Industrial revolution – 1969: automation Today, technology is already changing our lives. Drones deliver goods, Siri helps

The post Why Does the New Economy of Knowledge Sharing Matter? appeared first on Bitcoinist.com.

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Bitfinex Enables Voting for EOS Block Producers

After more than 15 percent of the EOS community has already voted, Bitfinex — one of the leading candidates — has deployed an open-source voting tool which affords users the ability to vote directly from the trading platform while, at the same time, being able to trade. Bitfinex Ballot, as the tool is dubbed, is already available for voting and for deployment on other exchange platforms.  To the Bitfinex Ballot Box The world’s sixth largest

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R3 Not Going Bankrupt, in a Very Strong Financial Position: CEO David Rutter

The chief executive of R3 is striking back at a recent report that the enterprise blockchain startup is hemorrhaging cash and is well on its way to bankruptcy. Writing in an official statement on the R3 blog, David E. Rutter said that the firm — which has raised more than $120 million over multiple funding

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EOS Vulnerability Will Lead to ‘Massive Exchange Hack’, Predicts Cornell Blockchain Researcher

The EOS network has barely processed its first blocks, but one blockchain researcher is already predicting that an as-yet-undiscovered vulnerability in the nascent cryptocurrency’s codebase will lead to a “massive exchange hack” within the near future. Writing on Twitter, Cornell professor Emin Gün Sirer forecasted his belief that EOS, which launched last week following a … Continued

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BitLicense #7: New York Grants Another License to Bitcoin App Square

Days after granting its sixth-ever BitLicense to cryptocurrency wallet Xapo, New York has approved fintech startup Square to operate in the state, enabling its users buy and sell bitcoin. The New York Department of Financial Services (NYDFS) announced on Monday its formal approval of Square’s application for a virtual currency license, also known as ‘BitLicense’. … Continued

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Mad Money Host Claims Bitcoin and the Blockchain Are Impacting Bank Stocks

The host of CNBC’s Mad Money, Jim Cramer, has said that technologies such as Bitcoin and PayPal are putting pressure on bank stocks despite the Federal Reserve announcing a rise in interest rates. Several Possible Answers Jim Cramer, the host of Mad Money was speaking last Friday on CNBC where he was trying to figure

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Netflix And Shill? Hollywood Films Its Cryptocurrency Premiere

Hollywood has announced it will film its first high-profile feature centered on cryptocurrency – and its alleged connection with money laundering in the art world. ‘Crypto,’ Art And Money Laundering ‘Crypto,’ an unlikely blockbuster which will see actors from some of the most popular current US serials play major roles, will begin filming later this year, local industry magazine Hollywood Reporter revealed last week. The story of a corruption network in upstate New York, the

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Crypto-Loving US Senate Candidate Forced to Return $130,000 Bitcoin Donation

US Senate candidate Austin Petersen received a $130,000 bitcoin donation but was forced to return it due to federal regulations governing campaign contributions. Petersen, a Republican who is hoping to unseat incumbent Missouri Sen. Claire McCaskill during the mid-term election in November, said that an enthusiastic supporter attempted to donate $130,276 worth of bitcoins (~20 … Continued

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Regulated Cryptocurrency Custody Will Bring in Big Money: Hedge Fund Manager

Anyone who stays in the crypto-space long enough begins to recognize the familiar mantras. “Don’t invest more than you can afford to lose.” “We’re in the early days of the internet.” “Adoption is coming.” They’re all valid points, and currently the latter is being held back by lack of regulation and typical financial services, keeping … Continued

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