Author: Helen Partz

Robinhood’s Zero-Fee Bitcoin, Ethereum Trading Is Live In Five US States

The Robinhood mobile trading app launched zero-fee Bitcoin (BTC) and Ethereum (ETH) trading for the first batch of the users of its Robinhood Crypto platform on Thursday, Feb. 22, as announced on the company’s blog. The first users to get access to the commission-free platform are customers residing in the US states California, Massachusetts, Missouri, Montana, and New Hampshire. Robinhood noted that the application will be rolled out gradually with support for “many more states” coming “later.” At the moment, all users of Robinhood are able to monitor the market for the prices of 16 different cryptocurrencies, regardless of...

Read More

S&P Global Platts Launches Blockchain Network To Track Oil Data In UAE

S&P Global Platts, one of the leading independent providers of information for the commodities and energy markets, announced that it started the deployment of its Blockchain solution that “will allow market participants to submit weekly inventory oil storage data” to UAE’s Fujairah Oil Industry Zone (FOIZ) and the regulator FEDCom, according to a release published on Feb. 22 According to Platts’ release, the Blockchain-based innovation will facilitate and secure the “unstructured process” of communication between terminal operators. The technology will reduce the need for manual data management by the regulator FEDCom and improve the quality of data by automatically...

Read More

Confirmed: Bitfinex Exchange Has Account On Dutch ING Bank

Dutch financial group ING (INGA.AS) has confirmed that Bitfinex, one of the world’s largest Bitcoin exchanges by daily trading volume, has a bank account with them in the Netherlands, Reuters reported Tuesday, Feb. 20. In an email to Reuters, ING spokesperson Harold Reusken confirmed that Bitfinex has a bank account with ING in the Netherlands. How Bitfinex was managing its banking affairs since a split with Wells Fargo last April is unclear, Reuters reports. The connection between Bitfinex and ING was first reported on Feb. 14 by Dutch news outlet Follow the Money. According to Follow the Money, ING...

Read More

Russian Blockchain Association To Launch ‘First’ Guarantee System For ICO Funding

The “first” guarantee system for Initial Coin Offering (ICO) investments is set to launch in Russia in 2018, local media outlet Izvestia reported Feb. 19. The system, dubbed ICO-hub, is being developed by Globex Bank, which is a subsidiary of state-owned Vnesheconombank (VEB) bank, together with the Russian Association of Cryptocurrency and Blockchain (RACIB), and the CrowdHub platform. According to Alexander Mineev, Globex’s head of e-commerce and remote banking services development, the ICO-hub project is expected to be launched for testing in March, 2018. For those looking to raise funds via ICO, the ICO-hub system makes it possible to...

Read More

Bank of England Governor Claims Bitcoin Has ‘Failed’ As A Currency

Bank of England (BoE) Governor Mark Carney declared that Bitcoin cannot be considered a legitimate currency by “traditional” definitions, The Telegraph reported Monday, Feb. 19. At an event at London’s Regent’s University, Carney claimed that Bitcoin failed to meet two major requirements of a traditional currency, claiming that Bitcoin is neither a means of exchange, nor a store of value. “It [cryptocurrency] has pretty much failed thus far on… the traditional aspects of money. It is not a store of value because it is all over the map. Nobody uses it as a medium of exchange,” Carney told students...

Read More

Crypto Investment Shows ‘Limitless Ignorance Of Human Race’, Hedge Fund Tells Clients

One of the world’s largest hedge funds Elliott Management, founded by billionaire Paul Singer in 1977, dedicated three pages to describing its negative view of cryptocurrencies in a fourth-quarter letter to clients, calling cryptocurrencies “one of the most brilliant scams in history,” Business Insider reported Feb. 20. In the letter dated Jan. 26, Elliott claims that people encountering cryptocurrency have switched from sense of “WTHIT (What the hell is this?)”  to a stable FOMO (fear of missing out). Elliott likens cryptocurrency investors to buyers of a “black box” that will, according to the firm, turn out to be empty....

Read More

S. Korean Gov’t Official In Charge Of Crypto Regulations Found Dead Of Heart Attack

A ranking official in South Korea who has been developing policy measures against cryptocurrency speculation was found dead at his home in Seoul, the Wall Street Journal (WSJ) reported Feb. 19. The WSJ reports the official was Jung Ki-joon, the 52 year old head of economic policy at the Office for Government Policy Coordination. Ki-joon was reported to have died of a heart attack while sleeping on Sunday Feb. 18. In November, 2017 South Korea’s government started weekly meetings of vice ministers to regulate cryptocurrency operations. The deceased official was in charge of integrating opinions of different ministries and...

Read More

Tezos Co-Founder Kathleen Breitman: Platform Will Soon Be Launched

Kathleen Breitman, the co-founder of the self-governing Blockchain protocol Tezos, has promised to “go rogue” and launch the platform in several weeks, despite ongoing lawsuits plaguing the project. The announcement took place during the UCLA Blockchain Lab’s Cyber Days conference Feb. 17-18. Tezos raised a record-breaking $232 mln during its Initial Coin Offering (ICO) in July 2017. The project has since been a subject of scrutiny and multiple lawsuits over the question of its compliance with the U.S. Securities and Exchange Commission (SEC) regulations, among other things. It is alleged that the tokens sold to US investors during Tezos’...

Read More

64% Of Germans Aware Of Bitcoin, Says IT Association Bitkom

A survey published Feb. 15 by the German Federal Association for Information Technology, Telecommunications and New Media (Bitkom), found that just over two thirds of Germans are aware of Bitcoin (BTC). Awareness of the most popular cryptocurrency has doubled since 2016, when 36 percent of German citizens were familiar with Bitcoin, and quadrupled since 2013, Bitkom reports. According to this year’s survey, 4 percent of the 1,009 respondents actually own Bitcoin, 19 percent said that they have an idea of how to buy Bitcoin, and 72 percent stated they had no interest in the digital currency. On the economic...

Read More

SEC Suspends Trading In 3 Companies Due To ‘Questions’ Around Cryptocurrency Ties

The Securities and Exchange Commission (SEC) published a report Thursday, Feb. 15 explaining the temporary suspension of trading in three companies that had made statements about acquiring cryptocurrency and “Blockchain technology-related assets”. All three companies, Cherubim Interests (CHIT), PDX Partners (PDXP), and Victura Construction Group (VICT) have been suspended starting Feb. 16 for two weeks for investor protection purposes. The SEC trading suspension orders state that all three companies issued press releases that claim that: “[T]he companies acquired AAA-rated assets from a subsidiary of a private equity investor in cryptocurrency and blockchain technology, among other things. According to the...

Read More

Free Price Analysis Tools

  • Bitcoin9829.43
    1h %
    0.3%
    24h %
    -8.92%
    7d %
    -3.04%
  • Ethereum807.303
    1h %
    1.1%
    24h %
    -6.02%
    7d %
    -13.65%
  • Click here for more price analysis tools & charts, and more currencies

    Beginner’s Course & Quick Guide

    Free Masterclass

    Discover The Future Of Money, In Detail

    In this free masterclass, discover:
    • Best Bitcoin & Cryptocurrency Investment Strategies (And The Wonderfully Shocking Future Outlook)
    • Why Cryptocurrencies Will Someday Replace“Normal” Money Completely
    • How The Biggest Transfer Of Wealth In World History Will Happen Soon (Are You In Or Out?)
    Click here to get started, its free!

    Free Your Mind: Redefine & Demystify “Money”

    Free Webinar

    Free Masterclass