Author: BitcoinLifestyle.com

How Low Could Ripple (XRP) Fall Before The Next Bull Run?

Ripple (XRP) is in a very vulnerable spot as it has yet to break out of a large descending triangle that it has been trading in against Bitcoin (BTC). Throughout Ripple (XRP)’s trading history, we have seen most of such triangles break to the downside. The price breaks below one triangle and forms another.

Data Mining For Investment Gems Is A Popular Failure

Data mining – The hunt for hidden correlations that others do not see. Sounds great, what with all the data and computing power available. But, wait… Don’t all investors have access to those resources? Then why should we think there is something yet to be discovered?

Cryptocurrency mixing service Bitcoin blender shuts down – Cryptoline News

On 30 May, tech news outlet Bleeping Computer reported about cryptocurrency mixing service Bitcoin blender that willingly shut down after issuing a short notice requesting users to withdraw their funds.

Brazil Establishes Committee for Cryptocurrency Regulation

The President of the Chamber of Deputies of Brazil has ordered to establish a commission to consider cryptocurrency regulation in the country, Cointelegraph Brasil reported on May 31. The Chamber of Deputies of Brazil is a federal legislative body and the lower house of the National Congress of Brazil, and consists of representatives of the states elected every four years.

Cryptocurrency Mixing Service Bitcoin Blender Shuts Down After Running for Five Years | CryptoGlobe

A popular cryptocurrency mixing service called Bitcoin Blender has recently shut down, after running for nearly five years in the cryptocurrency space. The service’s admins have asked users to withdraw their funds.

Vanguard’s $1.3 Trillion Blockchain Makes Bundesbank Look Foolish

By CCN: Vanguard, the world’s largest provider of mutual funds, is using blockchain to power their enterprise. The investing giant, which popularized mutual funds and exchange-traded funds (ETFs) for the common investor, has been using distributed ledger technology to manage $1.3 trillion worth of index funds, Forbes reports.

Software developers are keeping an open mind about blockchain | ZDNet

There’s been considerable skepticism about how much can be accomplished with blockchain, and a feeling that it may have been a passing fad. However, software developers, as a professional group, are optimistic about blockchain technologies. A majority, 55%, say there are potential applications for blockchain beyond its cryptocurrency roots.

BSTX Files Rulebook with the SEC to Become First Regulated Exchange in the U.S. – The Tokenist

Boston Security Token Exchange (BSTX) has just filed with the SEC. The proposed rulebook would be for the first regulated security token exchange. Boston Security Token Exchange (BSTX) has just filed with the SEC a proposed rulebook. BOX Exchange LLC, the parent firm, is already a national securities exchange registered with the SEC under section…

Report: Ethereum (ETH) DApps Not Being Used Productively – Ethereum World News

A new report claims that Ethereum-based Decentralized Applications (dapps) are not being used productively. While the industry of crypto has rightly been excited about the development of dapps, Ernst & Young reports that 83 percent of applications on Ethereum’s network are “not in the most productive uses.”

RSK’s RBTC gets listed on cryptocurrency exchange Lykke | CryptoNinjas

Lykke Exchange, a global cryptocurrency marketplace, today announced it has enabled deposits, withdrawals, and trading of RSK’s RBTC cryptocurrency in the RBTC/BTC, RBTC/ETH and RBTC/USD trading pairs. RSK is the first smart contract platform built as a sidechain to Bitcoin that rewards miners via merge-mining, allowing them to actively participate in the RSK Smart Contract ecosystem.

Bitcoin Bulls “Hanging on by Thread” while CME BTC Futures to Expire Today, What Happens Next?

Bitcoin Bulls “Hanging On By Thread” While CME BTC Futures To Expire Today Since hitting $9,000 very briefly and then falling below $8,000 the same day, Bitcoin has made some recovery. At the time of writing, the world’s top cryptocurrency has been trading at $8,400 with 24-hours losses of about 4 percent.

High Bitcoin Fees? Binance Just Moved $550 Million for $5 Bucks –

Bitcoin’s benefits over fiat unexpectedly hit the spotlight again May 31 after cryptocurrency exchange Binance generated a giant transaction while moving funds. Data from Whale Alerts, which monitors transactions on cryptocurrency blockchains, initially worried commentators after showing a series of transactions worth over $500 million. “This was an internal Binance transfer.

Op Ed: Bitcoin in Africa, What Needs to Be Done to Encourage Adoption?

Bitcoin has the potential to revolutionize the African continent. Through Bitcoin, millions of unbanked Africans will have access to financial services. These and many more such statements exist across the internet. All these statements are true. But, despite all the benefits that Bitcoin is expected to bring to African countries, adoption levels in Africa continue to be the lowest globally.

Weekly Cryptocurrency review from Monex Group

This post is a translation of the weekly cryptocurrency analysis by Crypto Lab, a wholly owned subsidiary of Monex Group (Tokyo, Japan). Monex is the parent of TradeStation Group. Bitcoin (BTC) inched higher early in the week before accelerating to over $8,900. It then paused but still registered a gain of about 5 percent for the week.

Think Bitcoin is Wasteful? Have You Ever Thought About the True Cost of Fiat? | NewsBTC

One of the most commonly repeated criticisms of Bitcoin is its energy consumption. It seems that every few months, some new report is penned stating that Bitcoin uses the same amount of electricity as an ever larger country. However, demonising Bitcoin on such grounds is highly reductionist.

Bitcoin Is Getting Harder To Mine, And That’s Good News ⋆ ZyCrypto

Besides the media attention, adoption, and general market sentiments, Bitcoin’s market standing is also affected by its mining difficulty. At the moment, Bitcoin’s mining difficulty has reached 7.46T, a new high surpassing the previous all-time-high of 7.45T reached in October 2018.

SEC may investigate exchanges facilitating IEOs, official says – The Block

The U.S. Securities and Exchange Commission (SEC) may look into US-based crypto exchanges that have carried out initial exchange offerings (IEOs), CoinDesk writes. Exchanges may be operating as unauthorised securities dealers under U.S. securities laws if they take a fee for facilitating token sales, SEC official Valerie Szczepanik told an audience at the Consensus 2019 …

Nuo partners with Wyre to launch debit card on-ramp – The Block

Nuo.Network, a non-custodial lending protocol backed by ConsenSys Ventures, announced a partnership with Wyre to enable debit card-funded fiat on-ramps on its borrowing platform. According to a blog post, users will be able to link a debit card and convert up to $40 per day (to start) into stablecoins to earn interest.

Call of Duty: Modern Warfare Pre-Order Bonuses | Charlie INTEL

Call of Duty: Modern Warfare was officially announced by Activision yesterday, and retailers worldwide have started to accept pre-orders for the upcoming Call of Duty title. Here’s a look at just some of the pre-order bonuses we have spotted from different retailers around the world: Digital Pre-Orders on PlayStation 4 Store, Xbox Store, or Battle.net: …

Tether [USDT] Stablecoin to Launch on EOS Blockchain Protocol

The world’s largest stablecoin by market valuation, Tether ( USDT) is launching on EOS blockchain, Bitfinex CTO Paolo Adoino says. This is to supplement eosfinex, a decentralized cryptocurrency exchange built on the EOS protocol, Adoino said.

Crypto 101: Understanding the Cryptocurrency Market Cap – Coindoo

Cryptocurrency market cap is one of the instruments investors can use to determine what coin can turn out to be a profitable or safe investment.

Ethereum price prediction: ETH/USD technical structure being used as launch pad for greater gains – confluence detector

Ethereum on Friday in the latter part of the session is nursing minor losses of 0.55%. ETH/USD price action is moving within a bullish pennant pattern structure, subject to a breakout. Ethereum price in the second part of the session on Friday is holding gains of over 2.50%.

Crypto Exchange Bitfinex Temporarily Shuts Down Deposits and Withdrawals

Cryptocurrency exchange Bitfinex has temporarily shut down its services, according to a tweet published on May 31. The tweet specifically says that the change has temporarily paused deposits and withdrawals “due to the outrage of one of [their] network providers.” “Funds are safe in cold storage. Situation should be restored ASAP (ETA 3/4h).

Scams in the Cryptocurrency Industry: How is it affecting Bitcoin Price? – NullTX

Cryptocurrencies are complicated, very confusing to new users and lightly regulated – all of which makes them an ideal target for scammers. Amit Lakhanpal is one of four men who has been accused of stealing $71.6 million as part of an ICO scam in Mumbai, India.

Little-Known Cryptocurrency Surges 80% While Bitcoin Flounders

By CCN: Monacoin bills itself as Japan’s first cryptocurrency, and it’s gained significantly during the recent bull market activity. The cat meme cryptocurrency surged more than 80% in just 24 hours, leaving it with a per-token value of more than $2. Previously, Monacoin’s price was closer to $1.

This New Bitcoin ‘Days Destroyed’ Metric Paints a Bright Picture for Price

Markets and Prices Senior Quantitative Researcher, Hans Hauge, from Ikigai, has just released a series of new metrics for gauging Bitcoin demand which suggests ‘the market bottom is behind us’. Let’s break down the findings. In Hauge’s analysis, he identifies two separate classes of traders that participate in the Bitcoin market, who have a direct effect on the coin’s demand; The “Newbs” and the “Veterans”.

https://ambcrypto.com/bitcoin-btc-whale-trading-not-price-manipulation-is-responsible-for-markets-wild-volatility

Bitcoin review: Valuations spike ahead of SEC FinTech Forum – New York Business Journal

To keep readers up-to-date on the latest price fluctuations and trends pertaining to cryptocurrencies, we here at the New York Business Journal compile a list of the week’s top stories each Friday. Peruse the listicle below for the headlines you might have missed.

Cardano’s Surge To $0.10 Cut Short As Market-wide Correction Resumes Dragging The price Of ADA Down Against The USD Cardano Price Prediction 2019: Cardano’s Surge To $0.10 Cut Short As Market-wide Correction Resumes Dragging The price Of ADA Down Against The USD – Cardano News Today – ADA News Today | Smartereum

Cardano Price Prediction 2019 – Cardano is one of the best performing altcoins of the year. Since the beginning of the year, the Cardano ADA price prediction 2019 has been bullish against the USD and Bitcoin. This is all thanks to the anticipation surrounding the Cardano Shelley upgrade and the general positive sentiment in the …

Bitcoin is rallying again, but it’s still not used to buy much of anything

Bitcoin has a lingering problem that few people are talking about amid the renewed exuberance of the price surge this year that has more than doubled its value. Hardly anyone is using the world’s largest cryptocurrency for anything beyond speculation. Data from blockchain researcher Chainalysis Inc.

Another Copyright Claim for Bitcoin Whitepaper, This Time from a Chinese Citizen – TheCryptoUpdates

The original whitepaper of Bitcoin becomes an ownership subject competition. The competition started after Craig Wright claimed copyright on Bitcoin’s whitepaper. Similarly, Wei Liu, a Chinese man files the same ownership. According to records, Liu filed the claim in the US Copyrights Office.

EliteX and Bittrex-Partnered CatalX Exchanges Plan to List XRP Trading Pairs Soon

EliteX And CatalX Exchanges Plan To List XRP Soon In recent announcements, both EliteX and CatalX announced that they would list XRP. This is yet more great news for the Ripple project. The EliteX Announcement XRP, which is the remittance token for Ripple will be listed on the first exchange that has integrated into the Lisk ecosystem.

Bitcoin (BTC) and Litecoin (LTC) Lightning Networks Being Heavily Data Mined

The Lightning Network (LN) has been fronted as the solution to the scaling problems associated with Bitcoin and Litecoin blockchains. LN sits on top of the Bitcoin and Litecoin blockchain and helps facilitate faster transactions. Unfortunately, the Bitcoin and Litecoin Lighting Networks are being heavily data mined.

Ripple (XRP) Could Benefit from Recent SEC Ruling in the US | Crypto Chronicle

News has surfaced that the U.S. Securities and Exchange Commission (SEC) may be softening their stance on cryptocurrency projects that previously operated without the correct compliance procedures. The SEC’s Director of Corporate Finance, William Hinman, has announced that the SEC may issue what is known as “No Action” letters to crypto projects that initially ran ICO’s without proper compliance but now have a viable use case.

SEC to Grant No-Action Letters to Compliant Crypto Projects, Ripple (XRP) Possible Beneficiary?

US SEC To Grant No-Action Letters To Crypto Projects In Compliance, Ripple To Possibly Benefit From This! In 2017, the US Securities and Exchange Commission (SEC) noticed that some tokens should be viewed as securities, which was mostly emphasized during the phase of Initial Coin Offerings (ICOs).

Cryptocurrency: Stop-limit in crypto may result in a far larger loss than you anticipated, says Ari Paul – AMBCrypto

Bitcoin Satoshi Vision [BSV], the eight largest cryptocurrency by market cap, recently went through a massive surge in the market, with its value witnessing a double-digit rise. The reason for this rise was speculated be a ‘fake news’ associated with Craig Wright…

Far-right groups bolstered by cryptocurrency donations, report finds

A study by the Royal United Services Institute (RUSI) has described how far-right organisations have sidestepped mainstream payment services in their fundraising strategies and called for the UK government to engage with these threats. According to the report, while the government has focused on stamping out Islamist terrorism – including by disrupting these groups’ finances – the fight against far-right extremists has been comparatively neglected.

North Korea exploiting apertures in crypto-space to steal cryptocurrencies, claims FBI Deputy Assistant Director – AMBCrypto

United States jurisdiction body recently said that North Korean hackers were deeply involved in carrying out well-planned cyber attacks associated with cryptocurrencies. These attacks were carried out on the world’s strongest economy at large-scale to slow down the economic growth. The recent attacks on Binance by anonymous hackers ruffled the crypto-space.

Crypto Takeover: Morgan Creek Digital Founder Thinks Bitcoiners Could Revive Deutsche Bank

Anthony Pompliano, the co-founder of asset management firm Morgan Creek Digital, tweeted to his 223,000 followers that the embattled Deutsche Bank may make a sound acquisition. With enough capital, the bank could be purchased and then turned into a pro-crypto financial institution. Says Pompliano, “Today Deutsche Bank is valued at just over $14 billion and …

Digital Information World

A new scam campaign is using YouTube videos to introduce cryptocurrency generating tool which claims to generate free bitcoins for the users. Whereas in actual it is a Trojan to steal information and fetch clipboard data. Frost, a security research tracked this campaign for almost 15 days.

Crypto Giant Coinbase Loses (Yet Another) Executive in Exodus

After securing $300 million worth of funding in 2018, crypto startup Coinbase has somehow been put between a rock and a hard place. Executives, and key ones at that, have begun to leave the firm, citing a multitude of reasons. Most recently, Asiff Hirji, the TD Ameritrade executive-turned-the company’s chief operating officer, has revealed that he will be departing.

Analysis Shows Bitcoin Rally in Danger of Steep Reversal – BTC, XRP, Ethereum, Litecoin Forecasts

Crypto analyst Nicholas Merten says Bitcoin bulls are running out of time to continue BTC’s parabolic rally. Merten told his following on YouTube that the leading cryptocurrency’s recent drop to about $8,400 is in line with previous weekly patterns, and to keep the trend intact traders must push the price higher over the weekend.

10 Blockchain Companies To Watch In 2019

Earlier this month, arguably the biggest blockchain week in the world kicked off in New York City with CoinDesk’s Consensus event. A previous interview that covered to a deeper look at the technologies, founders, and companies that are emerging in the industry.

Ernst & Young Exec: Most Ethereum Decentralized Apps Not Used Productively

83% of decentralized applications (DApps) on the Ethereum network are “not in the most productive uses,” according to Ernst & Young’s (EY) head of innovation. Paul Brody, Global Innovation Leader for blockchain at Big Four audit firm EY, spoke about developments in the blockchain and digital asset industries

MAS Capital Joins the Security Token Alliance – The Tokenist

The Security Token Alliance is a collection of teams in the security token industry. Now, MAS Capital has just announced it is joining to strengthen this growing alliance. The Security Token Alliance was founded in 2019 to bring together the greatest minds and projects in this emerging industry.

Bitcoin Price Top Forecast: $9,000 remains a hard nut to crack

Bitcoin attempted to move above $9,000 but failed. Altcoins drove the market higher with Bitcoin SV being a growth leader once again. The long-term Bitcoin trend remains bullish at this stage. Bitcoin (BTC) has been range-bound for the best part of the week.

Bitcoin (BTC) Correcting To $5,600 A Possibility

BTC down 6.3 percent Law enforcement could be behind Bitcoin Blender’s closure In a week, Bitcoin Blender is the second BTC mixing service to close shop. It comes at a time when bulls are losing traction, casting doubt on the overall strength of the underlying momentum.

Examining Bitcoin’s Intrinsic Value as a Store of Value and as a Medium of Exchange

Bitcoin’s Intrinsic Value As A Store Of Value And As A Medium of Exchange All the criticism Bitcoin and cryptocurrency currently faces is almost completely ignorable, compared to how much tongue-lashing it got in its early days.

Bitcoin Price Recovers 5.50% Following $1,100 Dip – Still Bullish

It took bitcoin just five hours to drop from its year-to-date high of $9,090 to $7,972. But, according to Crypto Michaël, the world’s leading cryptocurrency is still bullish. The prominent cryptocurrency analyst said on Friday that bitcoin’s 13 percent drop could be a “normal retracement,” notably after a giant move that pushed the cryptocurrency’s rate up by almost $5,000 in just two months.

Bitcoin to Zero: Bitcoin Price Flash Crashes 99% | NewsBTC

Over the last two months, Bitcoin price has rallied from the depths of the bear market to a well over a 100% gain for crypto investors who bought when there was “blood in the streets.”

How to Buy and Sell on Bittrex, Step by Step – Bitcoin Market Journal

US-based Bittrex was founded in 2014 and is one of the older and better-known digital currency exchanges. According to CoinMarketCap, you can buy and sell 347 different currency pairs on Bittrex. Base currencies for trading on Bittrex include bitcoin, Ethereum, and Tether. You can even buy bitcoin and 21 altcoins on Bittrex with US dollars.

$8 Million: ‘Crypto Genius’ Reveals His Craziest Bitcoin Prediction Yet

By CCN: A quick way to crypto fame is to use whatever influence you have and make an insane call about the future Bitcoin price. You don’t have to be right. You can be consistently wrong. But if you’re bullish and the market starts to move, people will listen to you.

Coinbase Loses Another C-Suite Exec amid Mass Exodus at the Exchange

By CCN: The hits just keep on coming for popular U.S.-based cryptocurrency exchange Coinbase. Asiff Hirji took to Twitter to reveal that after less than two years as the Coinbase president and chief operating officer in San Francisco, he was calling it quits.

Market Analysis: Bitcoin (BTC) Recovers to $8,400 After Testing Support at $8,000 Yesterday Afternoon – Crypto.IQ | Bitcoin and Investment News from Inside Experts You Can Trust

Yesterday afternoon, the price of Bitcoin (BTC) plunged from a new 2019 high of $9,030 down to support at $8,000. Bitcoin (BTC) has slowly and steadily recovered throughout today and is currently trading near $8,440. The stock market is in the red today with the Dow Jones Industrial Average (DJIA) down over 300 points.

Blockchain Startup Swazm Announces New Breakthrough: The SWAZM Infrastructure Can Support 200.000 Transactions per Second

LONDON, May 31, 2019 /PRNewswire/ — European Blockchain startup Swazm has built an infrastructure capable of supporting millions of users at a very high network speed, guaranteeing a cheaper, higher performance decentralized storage solution for DApps (decentralized applications). With the latest technological

International Chamber of Commerce blockchain project to target commodities in Singapore – Ledger Insights

Six weeks ago, the International Chamber of Commerce (ICC) unveiled the ICC Blockchain/DLT Alliance. The initiative aims to support supply chains and cross border trade finance for its 45 million members. Today its blockchain partner, the startup Perlin Network announced that Perlin and the ICC will establish the Centre of Future Trade (CoFT) in Singapore …

Salesforce Introduces Blockchain for CRM, LinkedIn Acquires Drawbridge, More News

Salesforce announced Salesforce Blockchain, a low-code platform designed to allow organizations to share distributed data sets with partners and third parties. Companies using Salesforce CRM can bring blockchain networks, workflows and apps to customer relationship management. Salesforce Blockchain is built on the open source technology of Hyperledger Sawtooth and is customized for Salesforce Lightning.

3 ways blockchain smart contracts can be leveraged in healthcare: One of blockchain technology’s lucrative features is smart contracts, which are designed to streamline traditional contract processes while also adding security to the digital agreement.

One of blockchain technology’s lucrative features is smart contracts, which are designed to streamline traditional contract processes while also adding security to the digital agreement. Below are three areas in healthcare where smart contracts can be used, according to Yahoo Finance . 1.

The Potential (and Potential Pitfalls) of Blockchain in the Construction Industry | The Legal Intelligencer

Blockchain, essentially a digital and distributed record of data, already is innovating the supply chain and financial sectors. Now, in what might not at first seem like a natural fit, it has the largely unrealized potential to make a big mark on the construction industry.

https://www.bloomberg.com/news/articles/2019-05-31/coinbase-says-chief-operating-officer-has-left-crypto-exchange

SEC’s Hinman Says Some ICOs May Be Eligible for ‘No-Action’ Relief – CoinDesk

Startups that conducted initial coin offerings (ICO) years ago may be eligible for relief from potential enforcement actions by the U.S. Securities and Exchange Commission, an agency official said Friday. For the last year and a half, the regulator has been filing cases against projects that raised money by selling tokens without registering them as securities.

Bitcoin’s [BTC] projected year-to-day on-chain transaction volume forecast to be more than that of 2018 – AMBCrypto

The cryptocurrency market, at the moment, has broken milestones in 2019 after a significant bull run improved overall prices as well as the total market cap of all crypto-assets. Bitcoin [BTC], the world’s largest cryptocurrency has seen a remarkable resurgence over the past few weeks as it shot up by more than 100 percent in terms of price.

Tron [TRX] and DAI move forward in the e-commerce ecosystem as WSWC announces support – AMBCrypto

Tron [TRX], the twelfth largest cryptocurrency in the market and a leading, takes another step in terms of its adoption from an e-commerce platform, We Shop with Crypto [WSWC]. Notably, Tron was not the only cryptocurrency to be added to its payment list, DAI…

XRP vs Stellar Lumens [XLM] Price Analysis: Coins relishing ongoing bull ride – AMBCrypto

Bitcoin [BTC] closed May 2019 with a massive monthly gain of over $3,000 in what has been the most successful month for the top cryptocurrency since the famed December 2017, when the price nearly hit $20,000.

Bitcoin (BTC) mining difficulty hits all-time high

Mining difficulty on the Bitcoin (BTC) network has reached an all-time high level in the last 24 hours. Surging past its previous peak back in October 2018, this could be a positive sign for future price developments. An increase of 11.26% saw the Bitcoin mining difficulty rise to 7.46T.

2.3 billion files exposed on misconfigured storage, research shows – The Block

Digital Shadows research has shown the number of files exposed has reached 2.3 billion, a 50 percent increase over last year. According to the research, data exposure is caused by misconfiguration of file storage technologies-Server Message Block protocol, FTP services, rsync, Amazon S3 ‘buckets’ and Network Attached Storage devices.

Emmy Awards’ Top Commercial: AirGo Miles Strikes a Chord with Viewers

ENCINITAS, Calif., May 31, 2019 /PRNewswire/ — As the official travel rewards provider for the Daytime Emmy Awards, AirGo Miles’ time lapse commercial struck a chord with the audience. The first-time sponsor introduced itself as a tech company that makes travel dreams come true for everyday people

Using JPMorgan’s Quorum, State Farm And USAA Put Insurance Claims On The Blockchain

With development starting back in early 2018, the blockchain network built by State Farm and USAA on JPMorgan’s private version of Ethereum will allow the two companies to pay each other’s insurance claims by 2020. With the blockchain netting out the claim balances and facilitating payments, the two insurers hope to add more companies to their system in the future.

Blockchain startup Civil loses banking service – Cryptoline News

Journalism for the blockchain Civil is a Blockchain based start-up that has been doing journalism using the blockchain and with hundreds of individuals involved. Unfortunately, the company has now seen its first denial of access from the banks, which will be in effect as of next month.

Cryptocurrency needs monitoring, but not a threat to global financing according to ECB | Cryptopolitan

In a recent by the ECB Crypto-Assets Task Force, the central bank outlines the analysis it has performed on the cryptocurrency market and its’ effects on global financing. In essence, the report details that crypto-assets are not posing a direct threat to the current financial market, as the regulations that are already in place provide adequate monitoring.

New FinCEN Cryptocurrency Guidance Provides Comprehensive Overview of BSA Application to Crypto Businesses

Second Post in a Two-Part Series On May 9, 2019, the Financial Crimes Enforcement Network (“FinCEN”) published a comprehensive ” interpretive guidance ” (the “Guidance”) to “remind” businesses and individuals operating in a subset of the cryptocurrency markets involving “convertible virtual currencies” (“CVCs”) of the potential applicability of the Bank Secrecy Act (“BSA”) to their operations.

Ethereum Classic Price Analysis – ETC Predictions, News and Chart – May 31

Ethereum Classic must cross the $10 mark in the next 30 days Ethereum Classic maintains a steady upward trend Ethereum Classic has got a bright future ever since it got tagged as the secured crypto by US Securities and Exchange Commission. The mainstream adoption of the currency is increasing at a rapid pace and it …

Japan Hardens Rules for Cryptocurrency Storage and Trading – CoinDesk

Japan has officially revised its laws to provide more clarity – and tighter controls – over cryptocurrency. The legislation amending the Payment Services Act and Financial Instruments and Exchange Act was formally enacted on May 31 and will take effect in April of next year.

How to buy Litecoin in the UK

Litecoin (LTC) is one of the most popular altcoins in the cryptocurrency market today. With lower transaction fees and major recent gains, it’s becoming an appealing asset for crypto investors. So, if you want this cryptocurrency in your portfolio, here’s how you can buy Litecoin in the UK. Cryptocurrency

PR: Blucon Launches BCH Transportation Card – Bitcoin News

Blucon is excited to announce the launch of their transportation card that supports BCH. The system will work by integrating the EXO-Platform, to allow the instant conversion of cryptocurrency into spendable cash. Blucon has leveraged on its existing business relationships between cryptocurrency exchanges and legacy banking institutions to launch this product.

Bitcoin [BTC]: Whales move approximately $600 million worth of cryptos in under 10 minutes – AMBCrypto

Bitcoin [BTC] momentary hit its 2019 high yesterday, but crashed by $400 causing widespread liquidation on both longs and shorts. The block 578645 contained a massive Bitcoin transaction worth $500 million moved from two Binance wallets to a group of unknown wallets. The sender wallets, as identified by Whale_Alert, belong to Binance.

Bitcoin price prediction: Mike Novogratz sees BTC/USD consolidate in a range between $7,000 – $10,000

“Bitcoin probably consolidates somewhere between $7,000 and $10,000,” Novogratz. Novogratz connects the current bull rally to the mainstream adoption of digital assets. The founder and the chief executive officer of Galaxy Digital, Michael Novogratz while speaking to Bloomberg via a conference call said that Bitcoin is likely to consolidate in a range between $7,000 and $10,000.

Bitcoin Shines Amid Wall Street Losses – CoinDesk

Bitcoin decoupled from traditional markets in May, rising more than $3,000. The cryptocurrency, currently at $8,300 on Bitstamp, is set to end higher for the fourth straight month with 60 percent gains. That is the longest monthly winning streak and the biggest monthly gain since August 2017.

Ethereum – Stuck Underneath $300? Chances & Possibilities

Along with Bitcoin the chart of Ethereum dipped about 48 hours ago from now. While Bitcoin broke shortly through the $9000 level, Ethereum was on its way to $300. Many analysts and traders declared already two weeks ago that the Altcoin season was open.

Analyst: Bitcoin Poised For Drawdown, BTC Above $6,400 Is Bullish

Josh Olszewicz, a crypto analyst at Brave New Coin, suggests that Bitcoin (BTC) may be in for an impending drawdown. Speaking to Forbes’ Benjamin Pirus in a podcast, the popular trader noted that Bitcoin has reached a point where the pullback that is on its way will “just be super painful.”

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Binance Coin, Bitcoin SV, Stellar, Cardano: Price Analysis May 31

Most major cryptocurrencies have pulled back. Can they spring back up or will they spend some time in a range?

Flash Crypto News: Cryptomarket slumps with XRP having the most losses. Plus BTC,BCH,ETH – OBN

The Cryptocurrency market is facing a slump today, with all of the five top ranked cryptocurrencies going down. Litecoin, Bitcoin, Bitcoin Cash,Ethereum and Ripple have all gone down into red! The worst performer of the five was XRP, which fell by 9.89%. What this signifies is that the bears have won over the bulls in …

Ripple’s David Schwartz, Former Ripple Employee Exchange Jabs Before Participating in Reddit AMA

The crypto market is on bull run mode and the price of many assets are going up right now. Bitcoin is certainly one of the biggest winners right now, but there is no reason to believe that other prominent tokens such as Ethereum and Ripple’s XRP.

Is Ripple Primed to Disrupt the $600 Billion Global Banking Market with Its XRP Cryptocurrency?

According to statistical data available online, the tx fees currently being imposed by traditional remittance operators on their clients stack up to a whopping $30 billion each year. With the adoption of crypto-based intl.

Bitcoin Mining Difficulty Hits an All-Time High as BTC Network’s Hash Rate Power Grows Stronger

With Bitcoin mining hitting an ATH, the network is now stronger than ever Bitcoin hash rate remains near an all-time high for most of May month In tandem with the Bitcoin price, Bitcoin hash rate and Bitcoin mining difficulty are surging upwards as well, that are either on way to or already breaking records.

https://bitcoinexchangeguide.com/bitcoin-btc-price-stumbles-11-overnight-drops-to-8300-time-to-be-greedy

Bitcoin Mining Difficulty Reaches New High. Will Price Follow Suit?

Bitcoin mining difficulty goes up in synch with the network’s security, which makes a good case for the bulls

Over a quarter of Kraken employees get paid in bitcoin – The Block

Kraken, a cryptocurrency exchange that now employs about 800 people, said that it paid 250 salaries in bitcoin in April and that more employees are opting for getting paid in cryptocurrency every month. The company reportedly earned $155 million in revenue in 2018 and had an operating margin of 56%.

Bipartisan Congressional Group Wants Trump Admin to Boost Blockchain

A group of congressmen from the U.S. House of Representatives has written a letter to Larry Kudlow, an economic policy adviser to President Donald Trump as director of the National Economic Council (NEC), asking him to make blockchain a focus for President Trump’s administration. Specifically, the bipartisan delegation, which was headed up by Republican Rep.

Tether to Be Launched on EOS Blockchain – Coindoo

According to Bitfinex CTO Paolo Ardoino, leading stablecoin Tether will be launching on the EOS blockchain protocol.

https://en.businesstimes.cn/articles/113030/20190531/blockchain-a-tool-for-new-real-estate-market-creation.htm

Blockchain: The Networked Ecosystem Is the Business

Since it first came to light a decade ago as the public, distributed ledger for bitcoin, people have struggled to understand what blockchain is all about and whether it has the potential to become a transformative technology over time.

What Businesses Should Expect Before Jumping On The Blockchain Bandwagon

A report from IBM lays out the evolutionary steps businesses should take when looking at adopting blockchain technology. Read the full article here. ETHNews is committed to its Editorial Policy Like what you read? Follow us on Twitter @ETHNews_ to receive the latest IBM, Building Your Blockchain Advantage or other Ethereum opinion news.

“Blockchain Removal” Company Closes Its Own Doors * Live Bitcoin News

The process of mixing cryptocurrencies seems to be garnering quite a bit of bad press lately, and with the recent shutdown of Bit Blender, things are looking even harsher.

Salesforce Blockchain brings low-code to trusted networks

the_lightwriter – Fotolia Salesforce is the latest cloud service provider to move into blockchain, with an upcoming low-code platform for building blockchain networks, workflow and applications. The new Salesforce Blockchain product, still in a private beta, extends the reach of the Salesforce customer relationship management platform by enabling developers to build trusted partner networks that share verified data.

SEC, crypto insiders sit down to discuss digital assets – CoinGeek

The United States is losing the technology race wars. As the federal government, and individual components therein, continue to drag their feet on policies related to blockchains and cryptocurrencies, more entities are being forced to look to offshore destinations for product development, leaving the U.S. lagging behind.

The Heat is on Cyber-Criminals. But Are Governments Doing Enough to Tackle Rogue Cryptocurrency Exchanges?

Cyber-criminal groups are being dismantled. But more needs to be done about the enforcement of rules that bind cryptocurrency exchanges., May has been a turbulent month for the world’s cyber-criminals, and spirits must be high at Europol’s headquarters in The Hague.

Cryptopia Crypto Exchange Liquidators Open Process for Creditor Claims – Cryptovest

Third party services may advertise Spread bets and CFDs on Cryptovest, which are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when spread betting or trading CFDs.

This Week in Cryptocurrency: May 31st, 2019

A few top 100 coins even saw near triple-digit gains, such as (up 88%). However, these price jumps are speculated to be tied to fake news and pump schemes. DoN’T CaLL iT CrYpTo: The AP Stylebook issued a statement that claims that the shorthand ” is too easily confused with cryptography, and it should be avoided when describing cryptocurrency.

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