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  2. The US Commodity Futures Trading Commission is going to investigate cryptocurrency derivatives exchange BitMEX, according to sources cited by Bloomberg. The regulator would focus on whether or not BitMEX, a Seychelles-based firm, has been offering services to the American citizens. The exchange lets people make big bets on the cryptocurrencies with as much as 100-times margins. The CFTC considers cryptocurrencies like bitcoin as commodities, which brings companies like BitMEX – that offers futures and other crypto-based derivatives trading services – under its jurisdiction. Bloomberg reached BiMEX for further clarification and received the statement from the firm’s spokesperson as follows: “HDR Global Trading Limited, owner of BitMEX, as a matter of company policy, does not comment on any media reports about inquiries or investigations by government agencies or regulators and we have no comment on this report.” Americans Cannot Access BitMEX Until They Can The alleged investigation follows BitMEX’s removal from the North American markets. In 2018, Canadian regulator Autorité des marchés financiers (AMF) sent a letter to the crypto derivative firm over its unlicensed status in the region. But, according to BitMEX’s press representative Wachsman, the firm had started closing the accounts of all its US and Canada-based customers from as back as 2015. “BitMEX has banned all US traders since 2015, and has been proactively closing accounts since guidance was obtained by US regulators, in particular the Commodities and Futures Trading Commission (CFTC),” Wachsman’s Joe Coufal told the South China Morning Post. While Americans cannot access BitMEX through an internet-based protocol based out of the US, they can still use the cryptocurrency exchange using a virtual private network tool. Such software helps the users mask their original locations by providing internet protocol (IP) addresses of other countries. A company typically relies on databases which contain a list of fake IPs to detect whether or not their users are using proxies. “BitMEX has always retained the right to close any accounts and to liquidate any open positions were trading participants has given false representations as to their location or place of residence,” explained Coufal. Banning Users In November 2018, BitMEX banned the account of famous cryptocurrency analyst and trader Tony Vays. The exchange alleged that Vays, a US citizen, provided them fake identification details before liquidating his positions. In his response, the trader said BitMEX wrongfully closed his account since he is not an American. “Just got my BitMEXdotcom account terminated on suspicion of being a US Citizen,” Vays tweeted. “Anyone else finds the timing of this odd?” Just got my @BitMEXdotcom account terminated on suspicion of being a US Citizen. Anyone else find the timing of this odd? The 900+ affiliates that accounted for half my income r gone going forward. After #Unconfiscatable Conf expect prices on all services offered by me to rise. https://t.co/6bShmcdBEF — Tone Vays [#UnderstandBit] (@ToneVays) November 12, 2018 The CFTC’s investigation closely follows Treasury Secretary Steven Mnuchin’s warning of an aggressive crackdown on bitcoin firms operating in the US. Earlier this week, the White House staff called bitcoin “a national security threat.” The post US Regulator to Probe BitMeX Cryptocurrency Exchange: Bloomberg appeared first on NewsBTC. View the full article
  3. China has officially recognized Bitcoin as a valid phenomenon for a second time after a court determined it is “virtual property.” Bitcoin Is ‘Valuable, Scarce And Disposable’ As reported by Caijing quoting the China Securities Journal, a national newsletter published by the Xinhua News Agency, a court in Hangzhou made the judgement during an ongoing dispute between a cryptocurrency exchange and one of its users. The Hangzhou Internet Court said that Bitcoin is “holds the attributes as property – valuable, scarce and disposable.” “We should recognize it as a virtual property,” the judgement text, translated by local cryptocurrency investor Dovey Wan on Twitter, added. The case itself involved now-defunct exchange FXBTC and a plaintiff known as Wu. While the court ultimately ruled against a request for compensation from Wu over missing funds, the decision to give status to Bitcoin is significant, Wan argues. “This case is a major milestone,” she commented, summarizing that the court had de facto confirmed Bitcoin is legal in China. The Hangzhou case follows on from a previous legal ruling in October 2018, when the Shenzhen Arbitration Commission similarly deemed Bitcoin should receive legal protection as property. Central Bank Agrees On ‘Virtual Property’ Tag China’s approach to cryptocurrency thus continues to present contradictory conclusions for residents. As Bitcoinist reported, the government implemented a ban on trading any form of cryptocurrency in September 2017, a policy which remains despite the two judgements. In comments to local newspaper Global Times this week, the country’s central bank, the People’s Bank of China (PBoC), further added to the mixed messages. An official validated the Hangzhou ruling, while appearing to avoid its possible implications for Bitcoin use. “Indeed, Bitcoin is virtual property, but it’s not fiat money,” they told the publication. The PBoC’s reaction to Facebook’s Libra digital currency project further complicated matters. Last week, it emerged that the bank was working on a digital currency of its own, with statements voicing concern about Libra’s potential to corrupt markets by being pegged to the US dollar. “If the digital currency is closely associated with the US dollar, it could create a scenario under which sovereign currencies would coexist with US dollar-centric digital currencies,” Wang Xin, director of the People’s Bank of China’s research bureau, said during a Q&A session. “But there would be in essence one boss, that is the US dollar and the United States. If so, it would bring a series of economic, financial and even international political consequences.” What do you think about China’s recognition of Bitcoin? Let us know in the comments below! Images via Shutterstock, Pandaily The post Bitcoin Is ‘Virtual Property’ Says Second China Court appeared first on Bitcoinist.com. View the full article
  4. CoinDesk dives deep into the complex process of reviewing code for the Bitcoin Core software. View the full article
  5. Bundesbank President Jens Weidmann spoke in favor of Facebook’s Libra during a recent G7 event, a report says View the full article
  6. The US Commodity Futures Trading Commission (CTFC) has launched an investigation against the cryptocurrency exchange BitMEX, Bloomberg reported today. Probe on US customers According to Bloomberg, BitMEX is not registered in the United States, and the CFTC is probing whether the Seychelles-based crypto exchange has broken the rules by giving access to US users to […] The post Crypto Exchange BitMEX Under CFTC Investigation Over US Users: Bloomberg appeared first on CCN Markets View the full article
  7. At least for the time being, Bitcoin (BTC) has lost steam. Since peaking at just shy of $14,000 in late-June, the cryptocurrency has seen a 35% retracement, falling to as low as $9,100 earlier this week. Related Reading: Bitcoin Volatility Surges Since February of 2019; Is Another Big Move Imminent? With this strong correction, which comes shortly after many analysts were calling for Bitcoin to break $20,000 lickety-split, BTC has purportedly broken its parabolic trend. The trend, as depicted by many analysts, has held for over six months, making this break somewhat of a bearish sign. In fact, as Peter Brandt, a legendary commodities trader, pointed out recently, a violation of the parabola could see BTC retrace by 80%, implying a price of $2,800 (actual 80% correction) or $5,000 (80% correction of rally), depending on how you analyze charts. Per previous reports from NewsBTC, the Bitcoin maximalist who has famously claimed that more than 95% of altcoins are likely to fail stated: “If current parabolic phase is violated, we could expect either an 80% correction of 7-month advance or much smaller correction w/ definition of new parabola w/ shallower slope. $BTC Note formation of possible 2-wk H&S or H&S failure” he explained in a recent tweet.” While many have focused on the first scenario, which is obviously more eye-catching than the latter, historical trends suggest that Bitcoin is unlikely to hit $5,000, despite what bears may say. Not the End of the World No, Bitcoin breaking under its seven-month parabola is not the end of the world. Far from. As Mohit Sorout, a partner at Bitazu Capital, recently pointed out, those calling for dramatic corrections due to the loss of the trend should not be paid attention to. As Sorout notes, during the starts of previous bull runs, especially the one seen in 2016/2017, there were a handful of multi-month parabolas that broke on multiple corrections. The thing is, BTC then didn’t see an 80%+ correction, so why should it experience such a downturn now? Pay ZERO attention to accounts calling doom over break of intermediate i. parabolic advances and ii. price channels. One will break, a new one will form. We're in a #Bitcoin bull market, don't get shaken out. #stacksats pic.twitter.com/Eu5ffYPDVd — Mohit Sorout (@singhsoro) July 19, 2019 The investor goes on to point out through a chart that if history repeats itself, $9,100 could be the lowest that BTC will drop to, maybe forever, and that BTC may be on the verge of entering yet another parabola. What’s more, Crypto Hamster recently pointed out that the one-day Relative Strength Index (RSI) and the Stochastic iteration of this indicator were at their lowest levels since at least February when BTC hit $9,500. The one-day Moving Average Convergence Divergence (MACD) tapped the zero level, despite the fact that Bitcoin is in a raging bull market according to most analysis. Also, the Elder’s Forse Index, an indicator meant to exhibit the strength of moves, was at its lowest since November 2018; and historical volatility was almost at 100%, implying a move to the upside to return volatility to levels deemed normal. Related Reading: Bitcoin Suddenly Surges Past $10,000 as Bear Trend Dies; Factors & Trends Most importantly, though, this retracement is par for the course. You see, if this is truly a bull market, a 30% to 40% correction every few months is entirely normal. As CryptoSlate’s Thies reminds his followers, the rally seen in 2015 to 2017 saw BTC fall by 31% to 40% over five times, retracing to touch a key resistance-turned-support level, before continuing higher. $BTC Bull run in 2015-2017 included run-ups, typically followed by a retrace to touch the top of the prior high. These drops ranged from 31-40%, before rinsing/repeating onward. Looks very similar to what we are seeing now. pic.twitter.com/vd5grw1bVC — CryptoThies (@KingThies) July 18, 2019 What’s Next for Bitcoin? So, barring that BTC doesn’t collapse to sub-$5,000 levels, what exactly is next for the cryptocurrency? According to most analysts, a strong rally to finish the year strong. Per a recent CNBC interview with Fundstrat’s Tom Lee, Bitcoin will soon see fresh all-time highs. In that interview, Lee mentioned that BTC is likely to get boosted by Trump’s tweet on cryptocurrency, the discourse around Libra, and a growing number of issues with fiscal policy. Further supporting his thesis, Lee stated on a Binance podcast that once $10,000 is breached, FOMO will result in a “fast and furious” move to $20,000, then a six-month appreciation to potentially $40,000. This isn’t the only sign showing that $40,000 is possible. Per previous reports, Timothy Peterson laid out a model that suggested that since Bitcoin gained 180% year-to-date (effectively the 2019’s first half), it has another 250% to run. This implies a price of $40,000. There are some detractors to this theory, however. Namely Dave the Wave notes that should BTC follow its logarithmic growth curve, the asset could return to the $6,000 range by the end of 2019. Featured Image from Shutterstock The post No, Bitcoin Breaking a Parabola Won’t Force BTC to Collapse to $3,000 appeared first on NewsBTC. View the full article
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  9. Following on from our first video on crypto, we now explore some of the risks of holding Bitcoin and some advantages offered by trading Bitcoin and other ...
  10. Jimmy Nguyen told the Bogota crowd that only through regulation and oversight can the world be safe from criminality.
  11. Is karatbars a scam? NO! Hear it from Harald Seiz himself. Check out my karatbars playlist on my channel to see my personal experience with the company, ...
  12. Today
  13. Recruitment is a game of high-stakes and nothing drives business like a team of talented and productive employees. But the industry is cluttered with various issues and some of the real-time problems faced by job seekers are, Too many options to search from Candidates rely on various sources and end up being confused. They search for job portals, advertisements, job portals, social media, websites and so on. Inappropriate job descriptions The descriptions posted by the employers are not always right and they do not provide complete information about the job. Lengthy hiring process Some companies have lengthy hiring process that involves numerous rounds of interview with reference and background checks. This drains the candidate both physically and mentally. Candidate black hole Employers miss out the basic etiquette of sharing the details or sending feedback of a candidate’s application. PTC solves all the existing issues in the recruitment industry with its advanced technological ideas such as Artificial Intelligence, Machine Learning, Blockchain and Big Data. Visit this link to know more about them. Telegram: Contact @primetalentchain AI AND BLOCKCHAIN IN STAFFING & RECRUITMENT. https://primetalentchain.com/
  14. Bitcoin (BTC) has rallied sharply in the last 24 hours, but the bulls must still beat key resistance just over $11,000. View the full article
  15. China is not a bitcoin-friendly country as it has taken a slew of measures to kill the flagship cryptocurrency, which include imposing a blanket ban on all initial coin offerings (ICO) and shuttering crypto exchanges. But the latest order by Hangzhou Internet Court suggests that owning bitcoin is not illegal in China as it gave […] The post Court Declares Bitcoin Legal in China as a ‘Virtual Property’ appeared first on CCN Markets View the full article
  16. Starting Your Own Bitcoin or Cryptocurrency Exchange Business – A Step-by-Step Guide 1. Obtain proper legal counsel to ensure licensing requirements are met. 2. Attain funding for the venture. 3. Pick a cutting-edge technology solution provider. 4. Tie up with leading exchanges for unparalleled liquidity solution. 5. Partner with the best payment gateway provider. 6. Implement first-class security practices. 7. 8. 9. 10. To know the end to end process or free consultation Please fill out the below form, one of our experts will connect you soon
  17. The U.S. state of New Jersey is taking legal action over alleged securities violations by blockchain rental marketplace Pocketinns. View the full article
  18. Political and legal factors are seeing Bitcoin gains disappear View the full article
  19. Платежная система Advanced Cash запустила карточную программу для России. AdvCash обещают по своей карте бесплатное снятие и покупки на территории РФ, бесплатные переводы на другие карты, низкую фиксированную комиссию на пополнение и бесплатное обслуживание счета. Представители компании сообщают, что можно перевыпустить новую карту бесплатно взамен старой или заказать новую карту отдельно и перевыпустить старые карты позже, тоже бесплатно. Кратко перечислим некоторые факты: - виртуальные и пластиковые карты Visa в рублях; - можно заказать до 5 пластиковых и 5 виртуальных карт; - доставка курьером в крупные города России и почтой; - два типа лимитов для разных категорий карт; - при получении карты "Про" придется показать курьеру документы для верификации; - карты поддерживают Google Pay, Samsung Pay, Garmin Pay и готовится поддержка Apple Pay. Компания анонсировала запуск карточных программ для Евросоюза и остального мира в ближайшее время. В перспективе объявлено об удобном мобильном приложении для управления своим счетом, а также о возможности заказа карт для жителей России в валютах других стран. В первые дни использования, по словам пользователей, никаких проблем с оплатой, снятием наличных и переводами средств на другие карты не возникало. Однако процесс отладки работы еще ведется, и компания оперативно дорабатывает свой финансовый сервис. Будем ждать осуществления всех планов компании. ------------------------------------------------------------------------- Напоминаем вам, что в наших соцсетях сейчас проходит конкурс на 0.02 BTC. Отправляйтесь на поиски очередного задания и поддержите своих коллег по конкурсу!
  20. Permanent loss of funds has been an unfortunate reality for some in the early cryptoeconomy. Fortunately for Binance they’ve just experienced the opposite, having accidentally staked their way into a sum of nearly 10 million lumens (XLM), the native asset of the Stellar network. On July 18th, the Malta-based cryptocurrency exchange giant revealed they “heeded the Stellar team’s recommendations to change some parameters on both cold and hot wallets” back in the fall of 2018. That’s when the exchange began unknowingly staking some of their XLM holdings, the company explained on Thursday: “Fast forward to this week, when we looked into the staking of Stellar for Binance.com, we discovered that we had already earned 9,500,000 XLM ($775,000 USD) worth of extra XLM tokens. All weekly staking rewards between then and now are documented on the blockchain […] and credited to Binance.” Turning a Plus Into a Bigger Plus Having made a small war chest of lumens appear seemingly out of “thin air” as President Trump would say, Binance is turning that XLM trove into an even bigger positive by setting it aside for community rewards. Specifically, the exchange plans to begin XLM staking support on July 20th and thereafter conduct snapshots of its users’ XLM addresses for the ensuing 40-day period. Once that window closes, the users will receive their proportional staking rewards alongside a one-time bonus XLM payment from Binance’s novel trove. Notably, non-stakers who simply hold their XLM on Binance after July 20th will also receive portions of the bonus XLM payout. “This recent support for XLM staking is the latest in a long line of moves we have done to always provide the best for Binance users,” the exchange declared. The lumens price enjoyed an acute boon as the quirky news made the rounds, with a single XLM token trading at $0.088 at press time for an intraday rise of around seven percent. One of the harder hit tokens of the 2018 cryptoeconomy bear market, XLM is still trading 90 percent below its all-time price high of $0.93 — a mark the token hit back in January 2018. Onward and Upward for Binance: First Stablecoin Nears The addition of XLM staking support comes as Binance is on the verge of releasing its first in-house stablecoin. This week, smart contract security startup Quantstamp revealed they had completed auditing Binance’s inaugural stablecoin, the pound-pegged Binance GBP (BGBP), with satisfactory results. As part of the audit, the security experts identified a handful of “low risk issues” in the token’s code that the powerhouse exchange has since cleaned up. With the security review finished, the project is all but ready to be released. On the news, Binance chief executive officer Changpeng “CZ” Zhao noted the BGBP would be released on two blockchains: “As a dual issue token, BGBP is created on both Ethereum as an ERC20 token and on Binance Chain as a BEP2 token. We will eventually enable the two versions of BGBP to be converted freely and traded on Binance Jersey and Binance DEX.” The token appears to have moved from the drawing board to reality in short order. CEO Zhao had first floated the possibility of Binance developing its own fiat-pegged tokens in public comments back in the spring. The BGBP will surely precede other Binance-backed stablecoins, though the company hasn’t specified what fiat currencies may be next on the slate. One thing is for sure: Binance is on a roll. The company just launched its new margin trading platform as part of its “Binance 2.0” campaign. The exchange has also recently announced plans for a cryptocurrency futures platform and Binance US, an operation that will cater to U.S. cryptocurrency traders. The post Pleasant Surprise: Binance Unknowingly Staked XLM & Made $775k appeared first on Blockonomi. View the full article
  21. According to Mati Greenspan, Libra has garnered some support at long last, and from an unlikely figure no less. Citing a recent article, which he translated via Google, the eToro analyst noted that the President of the Bundesbank, the central bank of Germany, lauded the Facebook-backed crypto project. Hot off the German press… The President of the German Central Bank is coming out in favor of #Libra. pic.twitter.com/DQidVc8uUT — Mati Greenspan (@MatiGreenspan) July 19, 2019 In fact, per the rough English translation of his comment, Jens Weidmann isn’t clear why Libra has drawn flak from some of the biggest names in politics and finance. Weidmann even stated that should Libra be released in the state that was outlined in the white paper, the end result cryptocurrency may be “attractive to consumers”. He adds that it may be unwise to suppress innovation before true issues have arisen, likely referring to the fact that many regulators and lawmakers are only experiencing knee-jerk reactions. Related Reading: Bitcoin Volatility Surges Since February of 2019; Is Another Big Move Imminent? What’s crazy about all this is that the central banker made this comment in front of the G7, who is reported to be focusing on the issue of Libra and the resurgence in the cryptocurrency market. Libra is Like 9/11? Weidmann’s surprise support for the cryptocurrency — which has been backed by Visa, Spotify, Uber, PayPal, Booking Holdings, and other large names in finance, technology, and investing — comes as most American politicians have come out against the venture. Related Reading: Dr. Doom Roubini Fuels Criminal Crypto Concerns With Scathing Bitcoin Op-Ed Most recently, Brad Sherman, a Californian Representative, notably likened Libra, which he hilariously called “Zuck Bucks” during a Congressional hearing, to 9/11, claiming that these two things are on the same playing field in terms of being destructive innovations. And most notably, the U.S. President has come out to bash Libra. Per previous reports from NewsBTC, the American leader claimed that the Facebook venture is likely to have “little standing or dependability” if it ends up launching. Not All Bad There have some that have taken Libra neutrally, interestingly enough. Speaking to analysts in a conference call, Jamie Dimon of JP Morgan revealed that he does not feel threatened by Libra at all. He specifically looks to the fact that blockchain has been a technological trend for “seven years” and that “very little has happened”, presumably proposing that Libra will be more of a marketing ploy than a viable technology. “We’re going to be talking about Libra three years from now. I wouldn’t spend too much time on it”, Dimon added. Featured Image from Shutterstock The post German Central Bank Chief Snubs Bitcoin Skeptic Trump, Supports Libra appeared first on NewsBTC. View the full article
  22. As regulators pine over the safety of Libra, recent crypto-related crimes are sure to keep them on edge. New Jersey Attorney General Gurbir Grewal filed a lawsuit on Wednesday against Princeton-based company, Pocketinns Inc. Pocketinns and their president, Sarvajnya Mada, allegedly failed to register with the Bureau of Securities before selling $400,000 of unregistered securities. […] The post New Jersey Sues Blockchain Firm for Unregistered $46 Million ICO appeared first on CCN Markets View the full article
  23. Quy tắc đặt mua CNNS giảm giá như sau: (1) Thời gian: ngày 20 tháng 7 lúc 12: 00-14: 00, các lệnh hợp lệ sẽ được xử lý công bằng (2) Loại tiền đặt mua: GT (3) Điều kiện tham gia: Người dùng cần đạt VIP3 trở lên để tham gia đăng ký; (4) Giá đặt mua: Giá GT sẽ tính toán và đặt từng suất đăng ký dựa trên giá giao dịch thị trường USDT của GT trong vòng 3 giờ trước khi chấp nhận đăng ký của người dùng. Mỗi xuất trị giá khoảng 150 USD và người dùng có thể chọn đăng ký một hoặc nhiều xuất theo số tiền đăng ký của họ. (5) Số lượng đặt mua: Theo số lượng GT trung bình mà người dùng nắm giữ trong 14 ngày (bao gồm tiền trong tài khoản giao dịch và bộ phận đang bị khóa, bộ phận cho vay trong quản lí tài chính, vay USDT để mua GT, và trừ đi phần vay vào GT) để thiết lập giới hạn mua, người dùng không nắm giữ GT sẽ chỉ có thể tham gia số tiền tối thiểu hoặc không thể tham gia. Nắm giữ lượng GT càng nhiều thi giới hạn mua càng cao. Chi tiết xem tại: https://www.gate.io/article/16942 (Chọn tiếng Việt bên phải góc màn hình)
  24. Starting Your Own Bitcoin or Cryptocurrency Exchange Business??? A Step-by-Step Guide 1. Obtain proper legal counsel to ensure licensing requirements are met. 2. Attain funding for the venture. 3. Pick a cutting-edge technology solution provider. 4. Tie up with leading exchanges for unparalleled liquidity solution. 5. Partner with the best payment gateway provider. 6. Implement first-class security practices. 7. 8. 9. 10. To know the end to end process or free consultation Please fill out the below form, one of our experts will connect you soon. DigiXHub Advanced Solutions for Blockchain Development
  25. You can watch this video here: https: https://youtu.be/Exg3TJD2X3M BRIAN KELLY: USA FAR BEHIND IN BLOCKCHAIN INNOVATION Technology and ...
  26. Privacy is a big issue when it comes to recruitment. Employing blockchain in hiring industry is a smart idea which ensures the security and privacy of the candidates. When it comes to personal details, there is no compromise. Prime Talent Chain ensures the Privacy, Security and Safety of the candidates' personal details. The entire ecosystem is automated with a smart contract and there is zero chance of leaks, hacks or data being stolen.
  27. “There was a clear agreement ... that Libra in particular raises some very significant concerns, and cryptocurrencies more broadly," said Mnuchin. View the full article
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