Crypto News 

$47 Million in Bitcoin: Ukrainian Lawmakers Declare Financial Holdings

“Three Ukrainian lawmakers have declared holding a combined $47 million in bitcoin following mandatory disclosures requiring members of parliament to reveal their finances” writes unknown author for cryptocoinsnews.com. Dmitry Golubov holds the most bitcoins of the three revealed in the report, with 8,752 bitcoins declared in an online submission.Alexander Urbansky declared 2,494 bitcoins, over $10 million in value, while Dmitry Belotserkovets indicated a possession of 398 bitcoins (approx. $1.6 million).The trio’s disclosures of holding bitcoin comes at a time when Ukraine is making moves toward regulating bitcoin and other digital…

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Crypto News 

ShapeShift Acquires Bitcoin Hardware Manufacturer KeepKey

“Integrating all-time trading on Bitcoin hardware wallets will be an intriguing development, to say the least” writes Jp Buntinx for newsbtc.com. In a rather surprising turn of events, hardware wallet manufacturer has been acquired.The first priority is enabling real-time trading on KeepKey devices using the ShapeShift API. An interesting concept that makes hardware wallets even more convenient.With Shapeshift now picking up the company, interesting things are bound to happen.This seems to indicate the company will keep working on its hardware wallet without any issues or hindrances. Source: newsbtc.com Share This:

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Crypto News 

Cash is dead and drones deliver groceries: This is the future, according to Blockchain CEO

“One day in the not-so-distant future, going to the grocery store to buy food will be as novel as going to the record store to buy vinyl albums” writes -peter Smith for cnbc.com. According to Blockchain co-founder and CEO Peter Smith, major changes in the way we live and work with technology could happen in the next 20 years. Source: cnbc.com Share This:

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Crypto News Reviews 

Bitcoin News Digest Wednesday, August 16, 2017

Bitcoin’s Next Civil War Battle May Already Be Looming Hi everyone, it’s Yuji from Tokyo. I’ve been writing about the trials and tribulations of bitcoin for more than a year.   Bitcoin hitches a ride to space as satellites set to beam crypto down to earth Blockstream plans to duplicate the blockchain, which underlies Bitcoin, on satellites and then beam down access to more far-flung parts of the world.   Bitcoin at $4,000: Even 50 Percent Collapse Would Preserve Best Asset Status As Bitcoin stays above $4,000, even a loss…

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Crypto News 

Bitcoin Price Records Minor Correction & Falls to $4,070, Potential Factors

“After recording a new all-time high at $4,410, bitcoin price fell to $4,070, experiencing a minor correction” writes unknown author for cryptocoinsnews.com. Hence, a minor correction in bitcoin price after a strong rally should not be a concern for investors and traders.For instance, in the last week of July, bitcoin price decreased from $2,700 to $2,400, by $300.At the time, Antonopoulos noted: “The reason bitcoin price is dropping is the rapid 1500% rise in 2 years, especially the last 3 months.Despite the recent decline in bitcoin price, highly respected analysts…

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Crypto News 

Russia Begins Work on Developing Blockchain Standards

“Earlier this year in March, Standards Australia unveiled its roadmap to develop these international standards, overseen by technical committee 307 or ISO/TC 307” writes unknown author for cryptocoinsnews.com. Russia’s national standards authority is working toward the standardization of blockchain and distributed ledger technologies.The newly established Russian technical committee will also presuppose international cooperation with the ISO committee.Explaining its reasons for working toward its own standards, Russia’s standards states: The move by the national standards authority to explore the standardization of blockchain technologies comes at a time when the Russian government…

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Crypto News 

Bitcoin is back above $4,000

“Bitcoin is back above $4,000 a coin on Wednesday, as the digital currency pars back losses” writes Oscar Williams-grut for businessinsider.com. Elsewhere in the crypto space, Bitcoin Cash, a new digital currency spun off from the Bitcoin network at the start of the month, is down 3.6% against the dollar to $293.00.Bitcoin fell below $4,000 late on Tuesday after a sensational rally on Sunday and Monday that saw the cryptocurrency break the $4,000 and $4,500 mark for the first time. Ethereum, the second biggest cryptocurrency by market cap after Bitcoin, is…

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Crypto News 

Singaporean Shipping Giants Partner IBM for Blockchain Trial

“Two major Singaporean maritime companies have inked a deal with technology giant IBM to explore and trial blockchain technology for supply chain networks” writes unknown author for cryptocoinsnews.com. Incidentally, IBM has already been working with the Port Authority of Singapore for early stage trials of blockchain technology for transnational container shipments.As the technology provider, IBM Singapore will use its Hyperledger Fabric platform, an open-source production ready blockchain software which saw its official release in July this year.The three parties will unite to work on proof-of-concept blockchain solutions to enhance the…

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Crypto Markets News 

Bitconnect Coin Hits New All-Time High at $115, as Bitcoin Price Surges

“In addition to the rapidly growing value of BCC, it is important to acknowledge the depth of the BCC market” writes unknown author for cryptocoinsnews.com. Throughout last week, during the strong rally of bitcoin, Bitconnect Coin (BCC) gained upward momentum, surpassing the $100 mark for the first time in history and establishing a new all-time high at $115.For years, Monero had remained within the top 10 largest cryptocurrencies list and this week, as BCC recorded a historic rise in value, Bitconnect overtook some of the largest cryptocurrencies in existence.According to…

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Crypto Markets News 

Bitcoin Price Watch; Hedging The Decline

“Looking the other way, if we see price break above resistance, we are going to enter a long trade towards 4075” writes unknown author for newsbtc.com. As we noted in this morning’s coverage, we were well overdue a near-term correction in the bitcoin price and so long as wider markets don’t panic and sell off their longer-term holdings in anticipation of a deeper decline, everything will be all right. Source: newsbtc.com Share This:

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