Here are the most important cryptocurrency news of 12th December 2018: Swiss Bitcoin ETP Volume Increase Day-by-day Right when Bitcoin had another fall, the volume on SIX Stock Exchange for the HODL ticker started to grow again. The ETP is a fully collaterized and non-interest-paying bearer debt security. In the ETP – Bitcoin have the larger percetange with 48%, Ripple (XRP) is the second one with 30%, Ethereum (ETH) with 17.6% and two smaller shares of Bitcoin Cash (BCH) and Litecoin (LTC). The ETP is not a subject to the Collective Investment Schemes Act (Cisa) and not supervised by Finma....
Latest Cryptocurrency News & Guides
Mt Gox CEO May Face A 10-Year Jail Sentence
Mt. Gox, was the end and beginning of an era in the Crypto world. Faith for it’s CEO Mark Karpeles is finally coming to a verdict. According to reports, prosecutors against Mark Karpeles are pushing for a ten-year jail term, in the Tokyo District Court.Allegations towards Karpeles include diverting funds to other ventures and also money laundering. A total of 340 million yen which is about $3 million US has reportedly been embezzled from Mt. Gox clients by Karpeles. In his defense, Karpeles mentioned that the money transfers were temporary loans and not manipulation. He is still to prove the...
Samsung Exploring Blockchain By Filing For Cryptocurrency Related Trademarks
Samsung, the world famous electronics company headquartered in South Korea is discovered to be filing applications for trademarks. Not just any trademarks, but ones related to Blockchain.According to reports, three European trademarks have been filed by the electronics giant. These are called ‘Blockchain Keystore’, ‘Blockchain key box’ and ‘Blockchain Core’. All three have been filed under the trademark category of ‘Smartphones: Software applications for use with mobile devices; Computer software platforms; Application.”These trademarks point towards forms of private or public key storage.With all references, it could either be a separate hardware wallet, or one that’s built into its future devices....
Scared to Trade Cryptocurrencies? Social Trading is Demystifying the Markets
The cryptocurrency market has been in a bloodbath for much of 2018 as a myriad of factors continue to exert bearish influence on the market. In the year-to-date period, the price of Bitcoin has declined more than 74% from about $13,700 to around $3,500. The market cap of the entire cryptocurrency industry has also declined more than 68%% from $768 billion to around $107 billion. The bearish trend in the cryptocurrency market has triggered a selloff that is causing many cryptocurrency traders to lose money; hence, many people who are interested in cryptocurrencies are cautiously staying on the sidelines. A...
Daily Cryptocurrency News – 11th December 2018
Here are the most important crypto news of December 11th, 2018: Cardano (ADA) Blockchain Now Have Two New Smart Contracts Tools Developed by IOHK IOHK, the blockchain research and development firm, announced on December 11th 2018 the launch of two new tools for Cardano (ADA). These two tools will be used to write smart contacts for the Cardano blockchain and they’re named : Plutus and Marlowe. Right now, these are just in the testing phase.The main purpose of these would be to help start-up, financial services and others to create smart contracts for the Cardano network. Plutus offers a general...
British MP Opens Possibilities Of Tax Payments in Bitcoin
Politicians may not be Cryptocurrency’s best friends given its freedom of payments however there are a few that are clear Cryptocurrency enthusiasts. One such politician is UK Conservative Member of Parliament (MP), Eddie Hughes.Hughes stated that Members of Parliament (MP) need to understand the technology of Blockchain and Cryptocurrencies. He believes that revolutionary technology is the future.He further expressed that taxes should be paid with Bitcoin. It was in reference to the British charity called Royal National Lifeboat Institution (RNLI) accepting Cryptocurrency donations.The Crypto supportive MP cited that Cryptocurrencies will be used widely once people understand how Blockchain and Cryptocurrency...
Coinone Hops on the Ripple Bandwagon
Coinone Transfer, which is a subsidiary of Coinone has launched its first Blockchain powered mobile payments application. It will use Ripple’s technology in ensuring faster and cheaper transactions. Coinone, being a South Korean company has targetted efficient transfers from South Korea to and from Philippines and Thailand. It has enabled connections formed with Siam Commercial Bank (SCB) in Thailand and Cebuana Lhuillier in the Philippines. Given that immigrants form 3.4% of South Korea’s population according to 2016 September statistic which equals to about 1.76 million an efficient remittance service is needed in the country. It will help both immigrant users...
Daily Cryptocurrency News – 10th December 2018
Here are the most important cryptocurrency news of December 10th, 2018. Bitcoin Unique Wallet Addresses Up 50% Amidst Bear Market The Bitcoin mania from 2017 may have ended, but that doesn’t mean that people are no longer interested in Bitcoin or other cryptocurrencies. Even with an 82% lost of its peak value and a trading price of $3,500 – the king of cryptocurrencies now have 50% more users. Crypto trade Ran NeuNer was the one that noted this first today and his metric for this is the stats from the famous Bitcoin wallet – Blockchain.com. The drop in prices hasn’t...
Dash Brushes Off Skeptics – Claims It’s Going Strong
Dash a cryptocurrency making a mark especially in Latin America has brushed aside all negativity about it facing issues. The main reason for this scepticism was the silence of Dash’s main team Dash Core Group (DCG). A recent Medium post by the CEO of DCG, Ryan Taylor has finally confirmed that Dash is going steady.Taylor explained that Dash has sufficient capital/fiat buffer and so can face the current bear market. The size of DCG’s cash buffer was estimated at $1.79M at the time of the recent quarterly earnings call on November 12th 2018.He also brought into light the rising demand...
How Will Bakkt & Bitcoin ETFs Influence The Cryptocurrency Industry
As 2018 is coming to an end, people are preparing for the future improvements that cryptocurrency needs to be a safe place for the investors. Among the most important and discussed things in 2018 – There’s the launch of Bakkt and a Bitcoin ETF in USA. Both of them are expected to be live in 2019, but how could these change the cryptocurrency industry? Why are people waiting for them? What is Bakkt Exchange and Bitcoin ETF? Bakkt Exchange, a business that will launch in a few weeks, is a cryptocurrency platform which will offer a broad list of services...
