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Cryptocurrency Breaking News

Cryptocurrency News

Nowadays, Cryptocurrencies are most popular forms of thoughts have turned into a worldwide marvel known to a great many people. While still by one means or another quirky and not comprehended by a great many people, banks, governments and numerous organizations know about its significance.

Most governments and bigger companies already published their thought about Cryptocurrency on press releases. But it is well known that agencies like-top level industries having their researches on it, no doubt there is.

Before starting investing our time on cryptocurrency we need to get clear conceptions about it. So let’s learn more about it from this article.

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What is Cryptocurrency?

“Virtual currencies, perhaps most notably Bitcoin, have captured the imagination of some, struck fear among others, and confused the heck out of the rest of us.”

– Thomas Carper, US-Senator

According to Wikipedia –

A cryptocurrency (or crypto currency) is a controversial digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets. Cryptocurrency is a kind of digital currency, virtual currency or alternative currency. Cryptocurrencies use decentralized control as opposed to centralized electronic money and central banking systems. The decentralized control of each cryptocurrency works through distributed ledger technology, typically a blockchain that serves as a public financial transaction database.

According to Jan Lansky, (PHD - Department of Computer Science and Mathematics, The University of Finance and Administration) a cryptocurrency is a system that meets six conditions:

 The system does not require a central authority, distributed achieve consensus on its state.

  1. The system keeps an overview of cryptocurrency units and their ownership.
  2. The system defines whether new cryptocurrency units can be created. If new cryptocurrency units can be created, the system defines the circumstances of their origin and how to determine the ownership of these new units.
  3. Ownership of cryptocurrency units can be proved exclusively cryptographically.
  4. The system allows transactions to be performed in which ownership of the cryptographic units is changed. A transaction statement can only be issued by an entity proving the current owners of these units.
  5. If two different instructions for changing the ownership of the same cryptographic units are simultaneously entered, the system performs at most one of them.

In March 2018, the word "cryptocurrency" was added to the Merriam-Webster Dictionary

Things to consider in Cryptocurrency News

Several things needed to consider before starting up cryptocurrency news trading. A vast number of brokers nowadays support this type of currency in their trading methodology.

Mining

If you are attracted to mining cryptocurrencies, then it is important to know which crypto-currency to be mined. There are many scum cryptocurrencies appeared already to grab people’s money. So you need to be aware of cryptocurrencies, which could be a good option to mining from your device using you worthy power.

Anonymity

Bitcoin and all cryptocurrency owners are not identifiable, but all dealings are publicly available in the blockchain. So, when a cryptocurrency is pseudonymous instead anonymous in that the cryptocurrency within a wallet is not tied to people, Thereby, b Still, cryptocurrency exchanges are often required by law to collect the personal information of their users.

Transaction fees

A Cryptocurrency transaction fee depends mainly on the provider of network capacity at trading or transaction time, versus the demand from the currency holder for a faster transaction. This is a contest because the currency holder can choose a specific transaction fee, in the meantime network organizations/servers process transactions in order of highest offered payment to lowest. Cryptocurrency trades can simplify the procedure for currency holders by offering concern alternatives and thereby determine which fee will more than likely cause the transaction to be processed in the requested time.

Initial coin offering (ICO)

An initial coin offering (ICO) is a questionable means of raising cash for a new cryptocurrency venture. An ICO may be used by startups with the intention of staying away from regulation. However, securities government bodies in many jurisdictions, including in the U. S., and Canada have indicated that if a gold coin or token is definitely an "investment contract" (e. g., under the Howey test, i. e., an investment of money with a reasonable requirement of profit based significantly on the entrepreneurial or managerial efforts of others), this is a security and is subject to securities rules. In an ICO campaign, a percentage of the cryptocurrency (usually in the form of "tokens") is sold to early backers of the project in the swap for legal tender or other cryptocurrencies, often bitcoin or azure.

15 MINS
Via CryptoDaily
Reports out today discuss how the Rizal Commercial Banking Corporation (RCBC), one of the top 10 banks in the Philippines is falling out of love with SWIFT, its current remittance service provider. As a result of this, RCBC are turning to IBM who have paid particular interest in blockchain technology in order to explore how such technology can improve the efficiency and cost effectiveness of remittance services, for overseas Filipino workers (OFws’s). Initially, this will see IBM used to provide payment services to overseas workers from the Philippines who are working in Japan. Continue reading Huge Philippines Bank Bored Of SWIFT, Perhaps Stellar Is The Solution at Crypto Daily™.
15 MINS
Via Live Bitcoin News
Starting this week, Jaroslav Kacina, CEO of SophiaTX takes the discussion on “The Business Possibilities of Blockchain” to the CIO Executive summits organized by Evanta, a Gartner company. Gartner, a member of the S&P 500, is the world’s leading company in the field of research and advisory services. Research provided by Gartner targets CIO, Senior IT marketing and Supply... The post CEO of SophiaTX Takes the Business Blockchain Discussion to It Executive Forums Organized by Evanta, a Gartner Company appeared first on Bitcoin Network, News, Charts, Guides & Analysis.
16 MINS
Via Bitcoin Channel
The era of  ‘profit sharing cryptocurrency exchanges‘ is here. DeCoin is leading the charge with their own proprietary digital token, DeCoin (DTEP), which is powered by their exchange and trading platform D TEP that shares the profits generated through commissions and fees to DeCoin holders and the D TEP Crypto Index (DCI). The platform will utilize the Proof Of Stake (POS) blockchain algorithm and utilize it to provide a wholly transparent, secure platform that is backed by 24/7 live support. DeCoin aims to be the next world platform that will greatly transform how the exchanges currently operate. It may not be the first project in the crypto industry, but it has a nice vision, which it aims to
18 MINS
Via AMBCrypto
Cryptocurrency IRA platform that lets customers purchase Bitcoin and other cryptocurrencies for their retirement accounts, on June 19th, announced that it is adding Stellar Lumens [XLM] and Zcash [ZEC] to its list of available digital currencies. Chief Operating Officer at BitcoinIRA, Chris Kline said regarding this partnership: “As the prominent company for crypto retirement investments, we’re excited to meet the high […] The post Stellar Lumens [XLM] and Zcash [ZEC] for retirement accounts – listed on Bitcoin IRA appeared first on AMBCrypto.
21 MINS
Via CryptoDaily
*All deposit and withdrawal service will be stopped to make sure the security. We will keep notice you of the restart of the service. We apologize for your inconvenience and thanks for your understanding. — Bithumb (@BithumbOfficial) June 20, 2018 Yesterday, South Korean cryptocurrency exchange suspended trading as a result of a very large-scale hack, that is alleged to have seen the exchange lose around $31 Million worth of assets. Continue reading Here’s What Happened In The Bithumb Attack at Crypto Daily™.
27 MINS
Via CryptoDaily
Ethereum Classic is having a very good month. The recent announcement from Coinbase that promises to see Ethereum Classic listed on the exchange, paved the way for an incredible mid-June for Ethereum Classic. However, even with the Coinbase news very much settled and back at the back of everyone’s mind, Ethereum Classic continues to skyrocket, moving back up towards $20.00 and almost within touching distance of its previous two-monthly high of $24.70. At the time of writing, Ethereum Classic is valued at $16.86, up 10.98%. Continue reading Ethereum Classic To The Moon Again, ETC Could See $27.25, And A Rise Of 61% at Crypto Daily™.
27 MINS
Via AMBCrypto
Zebpay, a Bitcoin wallet provider headquartered in Singapore with IT office in Ahmedabad, Gujarat, India, today at 1:29 PM sent out an important announcement in light of the recent Reserve Bank of India [RBI] circular, dated April 6th, on ‘Prohibition on dealing in Virtual Currencies’. Zebpay, in the circular, has said that they have approached the Supreme Court of India […] The post Zebpay’s important announcement in light of RBI circular appeared first on AMBCrypto.
28 MINS
Via Bitcoinist
Developers are finding new ways to showcase the capabilities of Bitcoin’s Lightning Network and its micro-transactions. First, there was the digital canvas dubbed Satoshi’s Place, and now – Pokétoshi, a platform which enables you to play Pokémon via the Lightning Network. Software engineer João Almeida has created a particularly fun way to experience micro-transactions powered by Bitcoin’s Lightning Network (LN). The platform he developed, thoughtfully called Poketoshi, enables players to enjoy the popular Nintendo game, Read More The post Pokétoshi: Bitcoin Lightning Network Powers New Pokemon Game appeared first on Bitcoinist.com.
28 MINS
Via The Bitcoin News
Bitcoin Press Release: trade.io launches viral campaign to raise awareness of upcoming exchange and offers 90 fully paid holidays plus 100,000 USD 21st of June, 2018. Lugano Switzerland. trade.io has launched a viral campaign offering participants the opportunity to win a VIP, fully paid holiday to Cyprus plus the top prize of a luxury trip […] Post source: trade.io Launches Viral Campaign to Raise Awareness of Upcoming Exchange More Bitcoin News and Cryptocurrency News on TheBitcoinNews.com
29 MINS
Via Bitcoin Channel
Continue the trend since the break of the triangle to the bull side: Bitcoin has been consolidating around the thin string between $6,600 – $6,800. Looking at the volume, seems like there is a strong buying power. From here not much had changed for the upcoming future: Next resistance level lies at the long term descending trend line at around $6,900. Afterwards – $7,300 (MA 200 line, marked in gray).  RSI is at its highest values, so Bitcoin might need some air before continue up. From the bear side, support level at $6,600 and $6,400. BTC/USD BitFinex 4 Hours chart Source The post Bitcoin Price Analysis June.21 appeared first on Bitcoins Channel.
32 MINS
Via Bitcoin Channel
While many have criticized the New York authorities over the draconian nature of their BitLicense regulation, it appears the NYDFS has seen reasons to soften its requirements a bit to make it easier for more companies to receive the permit. Now, creators of the Square bitcoin app have been granted BitLicense  – making it the seventh company to receive the license in three years. Squaring Up with Crypto Elites The New York Department of Financial Services has announced its approval of Square’s BitLicense application. Established in 2009 by Jack Dorsey and Jim McKelvey, Square has been operating in New York with only a money transmitter license, a permit that makes firms offering payments services such as check issuance,
34 MINS
Via InvestInBlockchain
Basic Attention Token takes the disruption of the online advertising industry one step further with the project’s Brave ads… The post Brave Ads Trial Program is Here! appeared first on Invest In Blockchain.
37 MINS
Via The Bitcoin News
Bitcoin Press Release: Helping mankind by creating a global network of buying and selling of renewable solar energy, Solareum will list its SLRM coin on multiple exchanges for ease of acquisition and trading for users worldwide. June 21st, 2018, Lichtenstein, Germany:  As a platform for creating a worldwide network of the most abundant energy resource […] Post source: Monetizing Renewable Energy Through Blockchain: Solareum to List SLRM Token on Seven Exchanges More Bitcoin News and Cryptocurrency News on TheBitcoinNews.com
38 MINS
Via Use The Bitcoin
On the latest news, Enigma an important blockchain related-company that focuses on privacy, announced that it has signed a partnership with the technology company Intel. The main intention is to… Continue reading "Enigma and Intel Sign Partnership to Work with Blockchain Technology" The post Enigma and Intel Sign Partnership to Work with Blockchain Technology appeared first on .
39 MINS
Via Hype Codes
As reported, the technology of the distributed ledger makes it possible to track the location of cargo using a mobile application in real time.
40 MINS
Via AMBCrypto
Information has recently emerged that shows 134 pages of complaints against Coinbase filed with the SEC. They show a disturbing pattern of Coinbase not returning investors’ funds, and general mismanagement. The documents were procured by Mashable after a Freedom of Information Act process that lasted over 5 months. They detail the issues faced by customers […] The post Coinbase cannot handle “basic customer inquiries”, 134 pages of complaints by customers appeared first on AMBCrypto.
41 MINS
Via Coindesk
Amsterdam's Schiphol airport has launched an ATM that allows departing travelers to exchange their remaining euros for bitcoin or ethereum.
41 MINS
Via Cointelegraph
Spanish banking giant BBVA and energy company Repsol have partnered to develop blockchain-based financial solutions for corporate banking. Major Spanish banking group BBVA and Spanish energy company Repsol have signed an agreement to develop blockchain-based solutions for corporate banking, according to an announcement published June 20. The product by BBVA and Repsol was developed using multiple different blockchain technologies, namely Hyperledger and the Ethereum test network. Nuria Ávalos, the head of Blockchain and Digital Experimentation at Repsol, commented on the collaboration: “Repsol wants to actively take part in collaborative environments. Blockchain is a disruptive technology that is here to stay and the agreement with BBVA advances our strategy of driving digitization in all areas of our activity.” The agreement reportedly is part of BBVA’s larger recent strategy of applying blockchain technology in corporate banking. The latest solution is reportedly an evolution of the platform designed by BBVA for conducting the entire loan process using blockchain, from negotiation of terms to signing. In April, BBVA became the first global bank to issue a corporate loan, worth €75 mln ($86 mln), using distributed ledger technology (DLT), of which blockchain is one type. The move reportedly reduced processing time from days to a matter of hour. Yesterday, BBVA’s CEO, Carlos Torres, said that blockchain is “not mature,” citing “volatility of underlying currencies” and possible compatibility issues with tax authorities and financial regulators among major issues to be addressed. However, he added that the advantages of blockchain are so important to the company’s business, that “when it is mature and regulators are ready,” BBVA wants to have the tools necessary to apply the technology to relevant use cases.
43 MINS
Via Cryptovest
Reality Shares has launched a blockchain ETF focused on China.
43 MINS
Via The Bitcoin News
The first Bitcoin billionaires, Winklevoss brothers, have marked another milestone on the crypto financing market as they acquired a patent for the creating of a long-awaited Bitcoin exchange-traded-fund (ETF). The United States Patent and Trademark Office has awarded a patent to a firm called Winklevoss IP LLP for exchange-traded-products (ETP) on 19th June. The patent […] Post source: Winklevoss Brothers Acquire Crypto ETF Patent More Bitcoin News and Cryptocurrency News on TheBitcoinNews.com
13 MINS
Via Coindoo
Bitfinex, a popular crypto exchange and main EOS block producer, is suspected of using token deposits made by its customers to vote itself in, according to a tweet made by Weiss Ratings. A few prior to this statement, Weiss Ratings analysts stated that actually, EOS was one of the most centralized blockchain networks.  “#EOS abuse: […] The post Weiss Ratings Claims Bitfinex May be Using Traders’ Tokens For Voting appeared first on Coindoo - Crypto News and Reviews.
15 MINS
Via Bitcoinist
The community asked and Keplertek listened. After incredible demand for Keplertek’s Community Building Stage and Pre-Sale (during which close to 7 million USD was raised in total), Keplertek decided to hold another stage of its Pre-ICO – namely, the Extra Sale. This will offer investors from all around the world (including the US and China) one final opportunity to take advantage of the huge 30 percent bonus on all purchases and become part of something Read More The post Keplertek’s Extra Sale Now Live: Don’t Miss the Event of the Year! appeared first on Bitcoinist.com.
16 MINS
Via CryptoNinjas
The Waves team today announced another major exchange partnership for the WAVES token — listing and trading on Huobi, a top three crypto exchange. The new listing follows the previous week... WAVES gets listed on crypto exchange Huobi
17 MINS
Via Bitcoin Channel
Cryptocurrency IRA platform that lets customers purchase Bitcoin and other cryptocurrencies for their retirement accounts, on June 19th, announced that it is adding Stellar Lumens [XLM] and Zcash [ZEC] to its list of available digital currencies. Chief Operating Officer at BitcoinIRA, Chris Kline said regarding this partnership: “As the prominent company for crypto retirement investments, we’re excited to meet the high demand for both Stellar Lumens and Zcash in the marketplace by making these coins available to customers looking to diversify their retirement portfolios,” Bitcoin IRA announcement | Source: Twitter This cryptocurrency platform headquartered in California, USA, offers a full service solution that allows traders to invest in Bitcoin [BTC], Ethereum [ETH], Ripple [XRP], Litecoin [LTC], Bitcoin Cash [BCH], and Ethereum Classic [ETC] with their IRA [Individual retirement
19 MINS
Via Bitcoin Channel
All over the world, the so called BlockBoxes used in bitcoin mining, are appearing in the countryside as FinTech companies and individuals are getting on the bandwagon to get the best out of the newly emerged industry. Creation of BitFury These large mysterious structures are the work of BitFury Group Ltd. CEO and Co Founder Valery Vavilov and CTO Valery Nebesny. Latvian born Vavilov established the company in 2011 in Amsterdam, and Nebesny, a self taught microchip engineer, joined him after inventing an energy saving chip. The company, which currently has offices in the US, Europe, and Asia, along with its partners has so far mined over 1 million bitcoins, worth over $6 billion at the current bitcoin
21 MINS
Via Use The Bitcoin
Valve Corporation, well-known for online-games Counter-Strike: Global Offensive, Dota 2 and others, thought about the additional involvement of players. According to an insider, one of the employees of the company,… Continue reading "Valve has plunged into blockchain? What do the new vacancies of the game giant mean?" The post Valve has plunged into blockchain? What do the new vacancies of the game giant mean? appeared first on .
27 MINS
Via CoinGape
In its official announcement, the recently hacked 8th largest crypto exchange, Bithumb states that currently undergoing investigation, the damage is expected to be less than [...] The post Bithumb Releases Official Statement, Ensures Complete Coverage of Losses appeared first on Coingape.
28 MINS
Via Coindesk
Bitcoin's bulls are struggling to force a rally, despite a still-favorable short-term set-up on the technical charts.
28 MINS
Via Hype Codes
This is the position of many member of Bitcoin community
28 MINS
Via Crypto Recorder
After the cryptocurrency market boom of 2017, many digital coin and tokens have been developed with each seeking to solve a specific problems. Some have thrived to become global brand…View Post
30 MINS
Via Cryptovest
Pundi X (NPXS) continues its upward trajectory today announcing a new partnership with swiss-based crypto settlement system UTRUST, to deliver a secure offline cryptocurrency payment service.
32 MINS
Via CoinGape
As an investor regularly trading in a variety of cryptocurrencies or digital currencies, you must possess a basic understanding of the underlying technologies that have [...] The post Why an Understanding of Blockchain Technology is Necessary for Cryptocurrency Traders appeared first on Coingape.
34 MINS
Via CryptoDaily
With so much going on behind the scenes of the TRON MainNet launch at the moment, it is pretty easy to forget exactly where the project stands and what is happening with the roll out. Over the past few weeks, TRON has been subject to a series of updates and testing procedures that are being carried out to ensure the full MainNet and token migration can be completed in the most stable manner. Because of this, the value of TRX has remained low but continuous. Continue reading TRX Price Shoots As TRON Foundation Release Odyssey v2.0.3, Token Migration Begins at Crypto Daily™.
38 MINS
Via Bitcoin Channel
The recent hack of leading crypto exchange Bithumb “doesn’t really change the fundamentals of Bitcoin” Litecoin (LTC) founder Charlie Lee stated in an interview with CNBC June 20. According to Lee, the price drop is a typical reaction of the market to the news about the hack, and “it happens all the time,” because people get scared. According to Lee, the hack of a crypto exchange does not affect Bitcoin’s (BTC) fundamentals just in the same way as a bank robbery should not affect the price of gold: “If the exchange does not protect the coins well enough and gets hacked, it doesn’t really change the fundamentals of the coin they are protecting.” Considering the recent hack, Lee
38 MINS
Via CryptoNinjas
QLC Chain (previously Qlink), a next-generation public blockchain for Network-as-a-Service (NaaS), and China’s Montnets Group, a leading cloud communication service provider, today announced the establishment of a joint... QLC Chain and Montnets agree to provide decentralized telecom services for enterprises
40 MINS
Via Cryptovest
Tezos, one of the most awaited projects, has a few more steps before its new genesis block.
41 MINS
Via CryptoDaily
This morning, the markets are starting to look quite healthy indeed. June thus far has been a disappointing month. This is because we hit June with a real optimism, many experts had called for a new bull market which promised to see major cryptocurrency prices skyrocket. We have however seen the total opposite of this, with the markets plunging and, in some cases, hitting new two-monthly lows. As we start to edge closer to July, we are now starting to see some more optimistic movements within the markets, hopefully this current trend really is a sign of things to come. Continue reading Markets Shoot Up In Time For The Weekend, Bitcoin, Ethereum And Ripple Up at Crypto Daily™.
41 MINS
Via Bitsonline
The move to ramp up the regulation of cryptocurrencies has taken another significant step forward. In a formal address to Congress, the U.S. Secret Service issued a stern warning regarding the illicit use of digital currencies that could have severe implications for possible future legislation. Also read: Examining the Kin Token’s Potential Move to Tezos Blockchain … Continue reading "U.S. Secret Service to Congress: Address Criminal Use of Cryptocurrency Now" The post U.S. Secret Service to Congress: Address Criminal Use of Cryptocurrency Now appeared first on Bitsonline.
41 MINS
Via The Bitcoin News
Major Spanish banking group BBVA and Spanish energy company Repsol have signed an agreement to develop blockchain-based solutions for corporate banking, according to an announcement published June 20. The product by BBVA and Repsol was developed using multiple different blockchain technologies, namely Hyperledger and the Ethereum test network. Nuria Ávalos, the head of Blockchain and […] Post source: Spain: BBVA Bank and Energy Co. Repsol Partner to Develop Blockchain Financial Solutions More Bitcoin News and Cryptocurrency News on TheBitcoinNews.com
43 MINS
Via Crypto Recorder
EOS (EOS) has been taunted as the platform that will outcompete the likes of Ethereum. However, at the moment a number of factors seem to be denting this ambition. First,…View Post