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LATEST BITCOIN NEWS FROM AROUND THE WEB

The news listed here are fetched automatically from different online sources: news sites, blogs and forums etc., including Google.

Blockchain Trade Finance Platform Set to Launch In Hong Kong
A blockchain-backed trade finance platform is getting ready to be launched by the Hong Kong Monetary Authority and partners. The system currently stands as one of the largest examples of a government-backed effort to tackle issues in the worldwide trade finance industry. Those who work in the trade finance sector often sift through lots of paperwork to verify transactions [ ... ] read more
Found on: BitcoinistPublished on: 2018-07-18By Kevin O’Brien
17 mins ago

Bitcoin (BTC) Gains $600 in One Hour, What Sent BTC Back to the Moon?
In one dramatic move, BTC returned above the $7,000 levels, keeping more than 10% gains in a day. [ ... ] read more
Found on: CryptovestPublished on: 2018-07-18By Christine Masters
24 mins ago

CBOE Files Application with SEC for Bitcoin ETF License
Chicago Board Options Exchange (CBOE) Global Markets, one of the world’s largest futures exchanges, has filed for a bitcoin ETF (exchange-traded fund) with the United States Securities and Exchange Commission (SEC). CBOE’s future with bitcoin ETF looks promising If the SEC approves the application, this would mean that the exchange could get a bitcoin ETF license, which would consequently give [ ... ] read more
Found on: BTCmanagerPublished on: 2018-07-18By Priyeshu Garg
1 hour ago

Bitcoin Miner Scam from Kodak Licensee Shut Down by SEC
A Bitcoin miner project operating under the Kodak brand has collapsed. The company behind the scheme has said that it has been stopped from proceeding any further by the SEC.  Unrealistic Promises and Incorrect Math In January, a Bitcoin mining computer called the Kodak KashMiner was unveiled at the CES technology show held in Las Vegas. Even though it was displayed [ ... ] read more
Found on: BitcoinistPublished on: 2018-07-18By Nigel Gambanga
2 hours ago

Hedge Fund Issues Bearish Call on Ethereum and Sides with BTC
Hedge fund Tetras Capital has issued a bearish call on ethereum and opined that bitcoin has more upside potential. The New York-based fund has been blessed with perfect timing, with ETH falling in BTC terms following the publication of its report 24 hours ago, while bitcoin has rallied strongly. Also read: Post-Flood Reflections Reveal Insights Into Lives of Sichuan Miners Tetras [ ... ] read more
Found on: news.bitcoin.comPublished on: 2018-07-18By Kai Sedgwick
2 hours ago

5 Altcoins to Look Out For this Summer
After a prolonged crypto winter, the dog days of the altcoin summer are finally here — which means you might want to watch these five cryptocurrencies carefully. NAGA Coin (NGC) First on the list of cryptos to look out for this summer is NAGA COIN (NGC). NAGA COIN is the token which powers the expansive and all-encompassing NAGA ecosystem [ ... ] read more
Found on: BitcoinistPublished on: 2018-07-18By Bitcoinist
3 hours ago

Thailand Announces State-Backed “Bond Coin” to Facilitate Faster Security Settlements and Clearance
The Thailand government is swiftly taking steps to adopt and implement cryptocurrencies and blockchain technology within its administration. Local reports on July 16, 2018 confirmed that a prominent securities body in Thailand is developing a digital token to facilitate settlement clearing of corporate bonds. Bond Coin to Streamline Current Processes According to The Bangkok Post, the Thai Bond Market [ ... ] read more
Found on: BTCmanagerPublished on: 2018-07-18By Shaurya Malwa
3 hours ago

3 Signs Bitcoin’s Move Above $7K Might Just Hold
Bitcoin is on the rebound entering Wednesday, and three trading indicators suggest the charts are changing in the crypto asset's favor. [ ... ] read more
Found on: CoindeskPublished on: 2018-07-18By Sebastian Sinclair
3 hours ago

American Express Files Patent for Blockchain-Based Proof-of-Payment System
Multinational financial services corporation American Express has shown increased interest towards blockchain-based technology. Following in the footsteps of major competitors like Mastercard, the company has filed a patent for a proof-of-payment system based on blockchain technology.   American Express — commonly referred to as Amex — filed a patent on July 12 called “Systems and Methods for Blockchain Based Proof of Payment.” [ ... ] read more
Found on: BitcoinistPublished on: 2018-07-18By Georgi Georgiev
4 hours ago

Oracle Releases Its Blockchain Cloud Service to the Public
Oracle, the computer giant and software service provider, released its blockchain cloud service to the general public on July 16. This indicates one of the largest enterprise blockchain service releases to date. The technology was already being utilized in early stages by private corporations, but it is now available on a pay-for basis to the general public. Oracle at the [ ... ] read more
Found on: BTCmanagerPublished on: 2018-07-18By John Iadeluca
5 hours ago

The King is a Fink
It’s true, I’ve always enjoyed reading the paper. When I was younger I used to track the price of gold daily in my grandfather’s copy of the Wall Street Journal. Before that though, I was drawn to the funnies. The Wizard of ID is a classic. For those of you who aren’t familiar, it’s about a tyrannous but stout dictator, [ ... ] read more
Found on: BitcoinistPublished on: 2018-07-18By Mati Greenspan
5 hours ago

Kodak-Branded Bitcoin Mining Scheme Collapses
The Kodak-branded bitcoin mining rigs unveiled at the CES technology trade show this year will no longer be available to mine for customers. Amid scam accusations, the company behind the Kodak Kashminer crypto mining scheme has reportedly confirmed the plan has collapsed, citing intervention by the U.S. Securities and Exchange Commission. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space [ ... ] read more
Found on: news.bitcoin.comPublished on: 2018-07-18By Kevin Helms
5 hours ago

3 Reasons Why Bitcoin is Programmed to Pump
Despite non-stop criticism, obituaries, and competition from altcoins, Bitcoin has undeniable advantages — ensuring that its value will keep rising for decades to come.  It might make sense just to get some in case it catches on. If enough people think the same way, that becomes a self fulfilling prophecy. Satoshi Nakamoto, 1/17/2009 Bitcoin is a money technology, unlike [ ... ] read more
Found on: BitcoinistPublished on: 2018-07-18By Allen Scott
6 hours ago

World’s Largest Asset Management Firm $6.3 Trillion Blackrock Set to Join Bitcoin Bandwagon
Slowly but steadily, Bitcoin’s journey to mainstream finance keeps gaining momentum, as more and more critics are beginning to catch the cryptocurrency fever. Next in line, BlackRock, a global asset management company with $6.3 trillion in assets under management, is now looking to start offering clients bitcoin-related investments according to July 16, 2018 reports. Joining the Crypto Movement? Per a [ ... ] read more
Found on: BTCmanagerPublished on: 2018-07-18By Ogwu Osaemezu Emmanuel
7 hours ago

Post-Flood Reflections Reveal Insights Into Lives of Sichuan Miners
With Chinese media estimating that Sichuan’s mining sector comprises 70% of the computing power of both the bitcoin network and the total processing power situated within China’s borders, reflections following the devastating Sichuan floods’ have many insights into the realities of life of a crypto miner in Sichuan. Also Read: Change.org Petition Attempts to Fight for Ross Ulbricht’s Freedom  Floods Wreak [ ... ] read more
Found on: news.bitcoin.comPublished on: 2018-07-18By Samuel Haig
8 hours ago

Canada’s Rivemont Crypto Fund Holds 90 Percent of Its Assets in Fiat
Canada’s Rivemont Crypto Fund hold 91 percent of its assets in fiat currency, with only 9 percent in Bitcoin [ ... ] read more
Found on: CointelegraphPublished on: 2018-07-18By Cointelegraph By Ana Alexandre
8 hours ago

PayPal’s Peter Thiel and Bitmain’s Jihan Wu Invest in EOS Publisher Block.one
Co-founder of PayPal and well-known venture capitalist Peter Thiel and Jihan Wu’s Bitmain Technologies Ltd. have invested into Block.one — the publisher of EOS. More Money… Following its $4 billion ICO, Block.one announced that it has closed a strategic round of investment after attracting partners like Peter Thiel, Bitmain, Louis Bacon, and Alan Howard. The amount of money raised in the [ ... ] read more
Found on: BitcoinistPublished on: 2018-07-18By Georgi Georgiev
8 hours ago

Bitcoin price passes $7K bringing all 100 top coins up with it
Bitcoin is moving up, and it’s taking 99 of its best friends along for the ride. In the last 24 hours, every one of the top 100 coins by market cap was in the green with 84 of them posting gains of over 5 percent. At the time of writing, Bitcoin was sitting at $7,310, up 14 percent in the [ ... ] read more
Found on: TechCrunchPublished on: 2018-07-18By Taylor Hatmaker
9 hours ago

Change.org Launches Screensaver That Mines Crypto for Charity
Social petition platform, Change.org, has announced the launch of a screensaver that mines Monero on behalf of the organization. “The Mining Screensaver” will pool the computing power of the program’s users, with all XMR generated being automatically transferred to the Change.org Foundation. Also Read: Iran Considers Using Cryptocurrencies to Evade US Sanctions “The Screensaver That Mines Cryptocurrency to Help People Change [ ... ] read more
Found on: news.bitcoin.comPublished on: 2018-07-17By Samuel Haig
10 hours ago

Bitcoin Price Watch: Currency Spikes to Nearly $7,300
At press time, the father of cryptocurrency has jumped to $7,327. This is a massive increase from yesterday’s price, and a clear sign that bitcoin is strong enough to handle present resistance, which is set at roughly $6,800. Granted the currency can step beyond that level, we are likely to witness $7,600 next, according to most analysts. One of [ ... ] read more
Found on: The MerklePublished on: 2018-07-17By Nick Marinoff
10 hours ago

Litecoin’s Charlie Lee: Buy At Least 1 Bitcoin… Before Litecoin
Litecoin (LTC) creator Charlie Lee has advised cryptocurrency investors to buy Bitcoin (BTC) before any other asset – including Litecoin. Bitcoin First, ‘Shitcoins’ Later In a tweet dated July 17, Lee, who continues to pour time into Litecoin development and partnerships despite selling his own holdings earlier this year, appeared to refer to his creation as a “shitcoin.” “There [ ... ] read more
Found on: BitcoinistPublished on: 2018-07-17By Wilma Woo
10 hours ago

Bitcoin Price Rises as BlackRock Announces Interest in Crypto
The next economic battleground is surely cryptocurrency; it is the first new asset class to have emerged in decades, and everyone wants a piece of the action. The Bitcoin price is rocketing as BlackRock, the world’s biggest investment fund manager, has announced its intention to explore and likely enter the crypto market with its $6.3 trillion in AUM. This [ ... ] read more
Found on: The MerklePublished on: 2018-07-17By CryptoInMinutes
10 hours ago

Ex-Triad Gangster Raises $750 Million in Five Minutes To Supposedly Launch Chess and Poker Tournaments
A gangster based out of Macau in China, Wan Kuok-koi “Broken Tooth,” raised $750 Million in an Initial Coin Offering (ICO) has partnered with an undisclosed Beijing-based firm to back chess and poker tournaments. The token called is called “HB,” and the ICO was launched in Cambodia with high-ranking military and government officials, celebrities, entrepreneurs from Hong Kong and mainland [ ... ] read more
Found on: BTCmanagerPublished on: 2018-07-17By Pratik Makadiya
11 hours ago

Cryptocurrency Regulation and Liquidity Improvements Will Pave the Way for Institutional Investment
The cryptocurrency world currently finds itself in a rather awkward state. There are various developments taking place which seemingly hint at the next stage of cryptocurrency adoption. According to Torque Ventures, institutional investors are on the verge of embracing this industry in a major way. The Institutional Investor Conundrum There have been rumors regarding the involvement of institutional investors [ ... ] read more
Found on: The MerklePublished on: 2018-07-17By JP Buntinx
11 hours ago

Bitcoin Price Live: Bullrun in Cards As ETF Hype Fuels Unprecedented Rise
Cryptocurrency experts and users alike are scrambling for an explanation Tuesday after Bitcoin prices increased by $700 in around 45 minutes. Bitcoin Jumps $700 In Under 1 Hour After a week of range-bound trading between $6150 and $6750, BTC/USD suddenly broke out, topping $7000 in five minutes and going on to reach highs above $7500 on some exchanges. The price [ ... ] read more
Found on: BitcoinistPublished on: 2018-07-17By Wilma Woo
12 hours ago

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