Canadian Regulator to Maintain Low Electricity Rates for Crypto Miners Under New Rules

Canadian Regulator to Maintain Low Electricity Rates for Crypto Miners Under New Rules

Canada’s Quebec province said it would maintain its existing rates for digital currency mining and will also make enough energy available for the production of cryptos. Last year, Quebec stopped the approvals for new digital currency mining projects so that the province could weigh restrictions on their operations and if they wish to raise the rates they pay for power.

Bitfinex’s second move amounts to ~$67 million worth of Bitcoins, yet is still among top-5 richest …

Bitfinex’s second move amounts to ~$67 million worth of Bitcoins, yet is still among top-5 richest wallets – AMBCrypto

Bitfinex, a cryptocurrency exchange owned and operated by iFinex Inc., withdrew more Bitcoin funds from its cold wallet. This was noted to be the second time the exchange withdrew BTC funds in just one week, with some speculating this to be the side-effect of the…

Cryptocurrency mining companies welcome ruling keeping Quebec power prices low

Cryptocurrency mining companies welcome ruling keeping Quebec power prices low

MONTREAL – Cryptocurrency industry members in Quebec are welcoming a ruling by the province’s energy board that maintains current electricity rates and obliges the provincial utility to set aside 300 megawatts for new entrants. Hydro-Quebec wanted to create an auction system for electricity needed to mine digital currencies such as Bitcoin.

Cryptocurrency mining companies welcome ruling keeping Quebec power prices low

Cryptocurrency mining companies welcome ruling keeping Quebec power prices low

MONTREAL – Cryptocurrency industry members in Quebec are welcoming a ruling by the province’s energy board that maintains current electricity rates and obliges the provincial utility to set aside 300 megawatts for new entrants. Hydro-Quebec wanted to create an auction system for electricity needed to mine digital currencies such as Bitcoin.

Venture Capital Funding To See Serious Challenge By Security Token Offerings (STOs)

Venture Capital Funding to See Serious Challenge by Security Token Offerings (STOs)

Venture Capital Funding Challenged By STOs There comes a time in every young business’s lifetime when they need to expand and dominate or stagnate and watch competitors take over market share. Venture Capital funding was the driver behind the tech industry that flourished in the eighties that created Silicon Valley.

Market Analysis: Bitcoin (BTC) Rises from $5100 to $5250, Total Crypto Market Cap Gains $5 Billion

Market Analysis: Bitcoin (BTC) Rises from $5,100 to $5,250, Total Crypto Market Cap Gains $5 Billion – Crypto.IQ | Bitcoin and Investment News from Inside Experts You Can Trust

Yesterday evening, Bitcoin (BTC) was trading near $5,100 on Bitstamp. Overnight, the price of Bitcoin (BTC) steadily rose to $5,150 and then quickly rose during the morning to as high as $5,275. Currently Bitcoin (BTC) is trading near $5,240, a 2.7% gain in the past 24 hours.

Ripple Surges After Nasdaq Adds XRP Liquidity Index, Will Growing Adoption Propel It Higher?

Ripple Surges After Nasdaq Adds XRP Liquidity Index, Will Growing Adoption Propel It Higher? | NewsBTC

Over the past several months many cryptocurrencies have incurred relatively large gains that have put a significant amount of distance between their current prices and their 2018 lows. But much to the chagrin of investors, Ripple (XRP) has not been one of these cryptos, as it has remained relatively stable around the $0.30 region.

Stellar (XLM) had the Worst Month in Crypto, Bitcoin Cash (BCH) had the Best

Stellar (XLM) had the Worst Month in Crypto, Bitcoin Cash (BCH) had the Best | Crypto Chronicle

It’s been a rollercoaster of a ride for the cryptocurrency market this past month, with the overall valuation rocketing towards $200 billion before tragically getting knocked back down again. April started off exceptionally well, with Bitcoin (BTC) surging over 30 percent from $4,000 to over $5,000 in the space of just two days.

Cardano Founder Launches Enterprise Blockchain Framework In Collaboration With Ethiopian …

Cardano Founder Launches Enterprise Blockchain Framework In Collaboration With Ethiopian Government

Former Ethereum Co-Founder, Founder of Cardano and CEO of IOHK, Charles Hoskinson, announced the launch of an enterprise blockchain framework that aims to provide financial services to billions of people living in African countries. Known as “Atala” (named after a butterfly that resides in Florida), IOHK’s framework is intended to serve as a solutions provider for developers, companies and governments looking to implement new products.

Bitcoin News: Canada Actively Inviting Miners with Discount Electricity

Bitcoin News: Canada Actively Inviting Miners with Discount Electricity

The region of Quebec, Canada, has set aside 300 Megawatt of energy production for discount electricity for crypto mining operations Canada appears to making a bid for attracting crypto companies to the country Cryptocurrency mining has always been a job that costs a huge amount in the electricity bills, as the mineable cryptocurrencies, chief among them Bitcoin, rely on “proof of work” for their security.

Cryptocurrency thefts, fraud hit $1.2 billion in first quarter: report

Cryptocurrency thefts, fraud hit $1.2 billion in first quarter: report

NEW YORK (Reuters) – Losses from the theft of cryptocurrencies from exchanges and fraud-related activities surged in the first quarter of the year to $1.2 billion, or 70 percent of the level for all of 2018, cybersecurity firm CipherTrace said on Tuesday. The value of losses from crime in the digital currency sector in 2018 hit $1.7 billion.

West Ham United Partners Socios.com to Allow Fans Vote on Club’s Decisions Using Fan Token

West Ham United Partners Socios.com for Club’s Official Fan Token

Following the example of Juventus and Paris Saint-Germain, West Ham United will collaborate with Socios.com to offer its fans an opportunity to influence the club’s decisions. Premier League club West Ham United has announced its new partnership with Socios.com which is the blockchain-based fan engagement platform.

Ravencoin (RVN) Price Prediction 2019 – RVN Is a Top 20 Coin By EOY (Late April Update)

Ravencoin (RVN) Price Prediction 2019 – RVN Is a Top 20 Coin By EOY (Late April Update) | CaptainAltcoin

Table of Contents April Update: TechnicalsLate April Update: FundamentalsRavencoin Intro Ravencoin Roadmap 2019Dividends/Rewards (Aim: Q1 2019)ResourcesUse examplesPhase 5 – Messaging (Aim: Q1 2019)IPFS IntegrationResourcesUse examplesGeneral Market Movements and Sentiment ShiftHow to evaluate fundamentals of a crypto projectOur Ravencoin Token Price Prediction for 2019RVN-BTC Price CorrelationRavencoin (RVN) Future OutlookWhy will Ravencoin fail?Why will Ravencoin succeed?Market prediction …

WOLLO (WLO) Price Hits $0.0286

WOLLO (WLO) Price Hits $0.0286

WOLLO (CURRENCY:WLO) traded down 3.1% against the U.S. dollar during the twenty-four hour period ending at 16:00 PM Eastern on April 30th. One WOLLO token can currently be bought for $0.0286 or 0.00000537 BTC on cryptocurrency exchanges including Stellar Decentralized Exchange, Stellarport and Bitfinex. Over the last seven days, WOLLO has traded 6.6% lower against […]

Union Public Schools Launches Blockchain-Based Credentials

Union Public Schools Launches Blockchain-Based Credentials — THE Journal

Blockchain The Tulsa-based school district is the first in the U.S. to start offering digital diplomas and transcripts using Learning Machine’s blockchain-based open standard for digital credentials. Union High School While blockchain-based credentials are gaining attention in the higher education sector, Union Public Schools in Oklahoma wants to be a trailblazer in bringing the technology to the K-12 market.

Moody’s: Blockchain Technology Poses Systemic Risks

Moody’s: Blockchain Technology Poses Systemic Risks

Moody’s (MCO ), a business and financial services company that provides ratings across a number of financial products, recently published a report on the impact of blockchain technology. In the report, which was first covered by FN London, Moody’s emphasizes how blockchain technology can make securitized trades more efficient and lucrative, but not without inherent risk.

Tech Experts Call for More Federal Funding and Nurturing for Blockchain

Tech Experts Call for More Federal Funding and Nurturing for Blockchain

Policymakers should increase funding and issue guidance for blockchain innovation to ensure America retains its technological edge in the world, experts said Tuesday. “Europe and China and Japan are not standing still. They are investing heavily into [blockchain],” Victoria Adams, ConsenSys government practice lead, said on a panel hosted by the Information Technology and Innovation Foundation and Congressional Blockchain Caucus in Washington.

Popular Cryptocurrency Fund Counts the Cost of the Crypto Winter – Will Bitcoin recover?

Popular Cryptocurrency Fund Counts the Cost of the Crypto Winter – Will Bitcoin recover? | Smartereum

The year 2018 was a year to forget for digital asset investors especially those who bought bitcoin [BTC] and other cryptocurrencies at their peak prices. These cryptocurrency investors soon began taking on major losses as the cryptocurrency market slumped with little respite. What analysts thought would be a short-lived dip turned out to become the …

Elon Musk Tweets Vitalik ‘What Should Be Developed on Ethereum?’

Elon Musk Tweets Vitalik ‘What Should Be Developed on Ethereum?’

Tech savvy businessman and SpaceX and Tesla’s CEO, Elon Musk, initiated a discussion on April 29 with ether (ETH) co-founder Vitalik Buterin using a crisp one-word tweet “Ethereum.” The tweet garnered massive interest (at the time of this post it had 73,296 likes), and soon after it was posted, people came to understand that Elon’s tweet obviously had a significant impact on the ETH price.

Bitcoin [BTC]: Venezuela transacts record number of BTC trades as Petro fails to get support

Bitcoin [BTC]: Venezuela transacts record number of BTC trades as Petro fails to get support – AMBCrypto

The economic status of the Venezuelan economy had been under constant strain for a while as the countries fiat currency continues to plummet in the present financial cycle. The massive hyperinflation rate of 2 million percent had crippled the country to its core and according to reports, the situation might get worse for the rate is expected to reach 8 million percent by this year’s end.

Crypto-Specialist Economist Reveals Trick for Governments to ‘Kill Bitcoin’

Crypto-Specialist Economist Reveals Trick for Governments to ‘Kill Bitcoin’

By CCN.com: Saifedean Ammous, author of the Bitcoin Standard , appeared on the most recent episode of Stephen Livera’s crypto-economics podcast. Ammous spoke on several subjects, including a hyperbitcoinized future. Livera spoke to the fact that a full government ban on Bitcoin would make people aware of the fact that they have little control over the money in their bank accounts.

Verge (XVG) Price Analysis: XVG Gravitating Towards $0.09 By 2019 End

Verge (XVG) Price Analysis: XVG Gravitating Towards $0.09 By 2019 End – CryptoNewsZ

Verge or XVG is one of those altcoins that get less impacted by the price volatility. It focuses on full confidentiality and anonymity of its users. It is virtually untraceable, and its users can do instant, anonymous transactions on its platform. It has advanced blockchain technology that is built on top of Tor and I2P.

Scroll (SCRL) Price Hits $0.12

Scroll (SCRL) Price Hits $0.12

Scroll (CURRENCY:SCRL) traded up 1.8% against the dollar during the one day period ending at 10:00 AM Eastern on April 30th. One Scroll token can now be purchased for $0.12 or 0.00001643 BTC on popular cryptocurrency exchanges including IDEX, Hotbit, LATOKEN and IDAX. Scroll has a market cap of $17.24 million and approximately $105,841.00 worth […]

Bloq to Showcase Four Innovative Cryptocurrency & Blockchain Projects at Consensus 2019

Bloq to Showcase Four Innovative Cryptocurrency & Blockchain Projects at Consensus 2019

Bloq is a leading blockchain technology company, founded by prominent industry pioneers: Jeff Garzik (CEO and early Bitcoin developer) and Matthew Roszak (chairman and early cryptocurrency/blockchain investor). Bloq will be showcasing the following projects at Consensus 2019 in New York City: Titan – Cryptocurrency Mining Management at Scale: Titan automates and optimizes cryptocurrency mines of any size and makes sure they are always mining the most profitable coin.

ErisX’s crypto Spot Market platform goes live in the $20 million funding round

ErisX’s crypto Spot Market platform goes live in the $20 million funding round

ErisX spot market launches with BTC, BCH, LTC and, ETH US dollar trading pairs. ErisX derivative trading awaits regulatory approval; futures trading expected in the near future. The company that that is looking forward to offering cryptocurrency derivatives, ErisX has today announced the launch of a crypto spot market.

Bitcoin Daily Chart Alert – Pause, Or Bearish Pennant Pattern? – Apr. 30

Bitcoin Daily Chart Alert – Pause, Or Bearish Pennant Pattern? – Apr. 30

Editor’s Note: Get caught up in minutes with our speedy summary of today’s must-read news stories and expert opinions that moved the precious metals and financial markets. Sign up here! Editor’s Note: Welcome to Kitco’s Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin.

Cryptocurrency Management and Exchange Platform, Change, Integrates Dash

Cryptocurrency Management and Exchange Platform, Change, Integrates Dash – Dash News

Dash Embassy DACH recently got Change, which enables consumers to easily manage many of their cryptocurrencies from one app and will soon be introducing a crypto payment card, to integrate Dash. Change “strive[s] to make [their] app as simple and accessible as possible” in order to ensure “users can have a seamless experience when buying, …

NYSE Owner Seeking Bitcoin Custody ‘NY Trust’ License

NYSE Owner Seeking Bitcoin Custody ‘NY Trust’ License – Bitcoinist.com

Bakkt is taking what it hopes will be another significant step toward obtaining regulatory approval as its parent company – Intercontinental Exchange (ICE), acquires Bitcoin custody platform. ICE also plans to register the company as a licensed trust in New York State. Bakkt announced the news in a Medium post by company Chief Operating Officer (COO) Adam White.

Bitmain-Backed Japanese Crypto Exchange Liquid Readies US Launch

Bitmain-Backed Japanese Crypto Exchange Liquid Readies US Launch

By CCN: Liquid, a Bitmain-backed Japanese cryptocurrency platform operated by Singaporean crypto exchange Quoine, plans to expand into the United States. Liquid hopes to on-board U.S. clients by January 2020. In an April 29 statement, Liquid said it partnered with a consortium of crypto and fintech investors called Virtual Currency Partners (VCP).

Omnitude (ECOM) Price Reaches $0.0575

Omnitude (ECOM) Price Reaches $0.0575

Omnitude (CURRENCY:ECOM) traded up 1.4% against the US dollar during the twenty-four hour period ending at 11:00 AM ET on April 30th. During the last week, Omnitude has traded down 1.7% against the US dollar. Omnitude has a total market capitalization of $3.72 million and $20,010.00 worth of Omnitude was traded on exchanges in the […]

NASDAQ Supports Ripple’s Cryptocurrency with Real-Time XRP Liquid Index (XRPLX) Inforamtion

NASDAQ Supports Ripple’s Cryptocurrency with Real-Time XRP Liquid Index (XRPLX) Inforamtion

One of the most exciting signs of crypto adoption is the addition of crypto tracking indices to the NASDAQ, as was the case when both bitcoin and ethereum indices were added officially in 2019. So far, it seems that it was a successful endeavor as NASDAQ has announced on April 29, 2019.

Saudi British Bank Teams Up With Ripple To Use XRP For Cross-Border Payments

Saudi British Bank Teams Up With Ripple To Use XRP For Cross-Border Payments

Just a few days ago, Ripple’s showed signs it was probably going down. However, the cryptocurrency seems to have survived and is on its way to recovery alongside other top currencies. Several factors may be involved in bringing the asset back up, but one of them must be the recent announcement of a partnership between its host company and Saudi British Bank (SABB) .